Franklin Templeton Limited Duration Income Trust (AMEX:FTF), a
closed-end investment company managed by Franklin Advisers, Inc., today
reported its portfolio composition, certain portfolio characteristics
and AMEX closing price as of July 31, 2008.
Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin
Resources, Inc. (NYSE:BEN), a global investment management organization
operating as Franklin Templeton Investments. Franklin Templeton
Investments provides global and domestic investment management solutions
managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust,
Darby and Bissett investment teams. The San Mateo, CA-based company has
more than 60 years of investment experience and over $570 billion in
assets under management as of July 31, 2008. For more information,
please call 1-800/DIAL BEN® or
visit franklintempleton.com.
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FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at
July 31, 2008
|
|
SECTOR ALLOCATION
|
|
|
MARKET
VALUE (Millions)
|
|
PERCENTAGE
OF FUND 1
|
|
High Yield Corporate Bonds
|
|
|
$
|
137.0
|
|
25.7
|
%
|
|
Floating Rate Loans
|
|
|
$
|
199.6
|
|
37.5
|
%
|
|
Mortgage-Backed Securities
|
|
|
$
|
134.0
|
|
25.2
|
%
|
|
Other Asset Backed Securities
|
|
|
$
|
25.4
|
|
4.8
|
%
|
|
International Government Bonds (US$ and non-US$)
|
|
|
$
|
19.0
|
|
3.6
|
%
|
|
Investment Grade Corporate Bonds
|
|
|
$
|
21.1
|
|
4.0
|
%
|
|
Cash & Other Net Assets
|
|
|
|
-$3.8
|
|
-0.7
|
%
|
|
Total Assets 2
|
|
|
$
|
532.3
|
|
100.0
|
%
|
|
TOP 10 INDUSTRIES 3
|
|
|
MARKET
VALUE (Millions)
|
|
PERCENTAGE
OF FUND 1
|
|
Healthcare Services
|
|
|
$
|
41.5
|
|
7.8
|
%
|
|
Media
|
|
|
$
|
30.5
|
|
5.7
|
%
|
|
Info/Technology
|
|
|
$
|
27.7
|
|
5.2
|
%
|
|
Financial Services
|
|
|
$
|
27.5
|
|
5.2
|
%
|
|
Chemicals
|
|
|
$
|
25.0
|
|
4.7
|
%
|
|
Industrials
|
|
|
$
|
21.5
|
|
4.0
|
%
|
|
Consumer Products
|
|
|
$
|
19.5
|
|
3.7
|
%
|
|
Utilities
|
|
|
$
|
19.4
|
|
3.6
|
%
|
|
Pay TV
|
|
|
$
|
18.8
|
|
3.5
|
%
|
|
Gaming/Leisure
|
|
|
$
|
15.2
|
|
2.9
|
%
|
|
Total 2
|
|
|
$
|
246.7
|
|
46.3
|
%
|
|
10 LARGEST HOLDINGS BY ISSUER
|
|
|
MARKET
VALUE (Millions)
|
|
PERCENTAGE
OF FUND 1
|
|
Fannie Mae
|
|
|
$
|
75.9
|
|
14.3
|
%
|
|
Freddie Mac
|
|
|
$
|
49.4
|
|
9.3
|
%
|
|
Govt National Mtg Assn.
|
|
|
$
|
8.7
|
|
1.6
|
%
|
|
Intelsat Corp.
|
|
|
$
|
7.4
|
|
1.4
|
%
|
|
HCA Inc.
|
|
|
$
|
6.9
|
|
1.3
|
%
|
|
Aramark Corp.
|
|
|
$
|
6.6
|
|
1.2
|
%
|
|
Dex Media
|
|
|
$
|
6.3
|
|
1.2
|
%
|
|
Sungard Data Systems
|
|
|
$
|
6.0
|
|
1.1
|
%
|
|
Charter Communications Operating LLC
|
|
|
$
|
5.9
|
|
1.1
|
%
|
|
Davita
|
|
|
$
|
5.5
|
|
1.0
|
%
|
|
Total 2
|
|
|
$
|
178.6
|
|
33.6
|
%
|
|
Number of positions
|
|
|
|
|
294
|
|
|
NAV per share
|
|
|
|
$
|
12.78
|
|
|
Market price per share
|
|
|
|
$
|
10.75
|
|
|
Number of shares outstanding
|
|
|
|
|
26,773,772
|
|
|
Total net assets
|
|
|
|
$
|
342,133,340
|
|
|
|
|
|
|
|
|
|
Weighted average duration (including leverage) 4
|
3 years
|
|
|
|
|
Weighted average credit quality 5
|
Baa3
|
|
|
|
|
Fund leverage percentage 6
|
36%
|
|
|
|
|
|
|
|
|
|
|
|
1 Percentage of total investments of the
Fund. Total investments of the Fund include long-term and
short-term investments and other net assets, excluding preferred
stock issued.
|
|
2 Total figures may not represent exact
sum of items as a result of rounding and exclude transactions
executed on 7/31/08.
|
|
3 Top 10 industries for corporate bonds
and floating rate loans.
|
|
4 Duration calculated using internal
methodologies. Rounded to the nearest year.
|
|
5 For securities with multiple ratings,
highest rating is used.
|
|
6 Preferred shares issued by the Fund
divided by total assets of the Fund.
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Franklin Templeton Investments
Shareholders/Financial Advisors:
800-342-5236
Media: 650-312-2245
