2009-11-03 19:05:02 -
SAN MATEO, CA -- (Marketwire) -- 11/03/09 -- Franklin Templeton Limited Duration Income Trust (NYSE Amex: FTF), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE Amex closing price as of September 30, 2009.
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 $523 billion in assets under management as of September 30, 2009. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION
at September 30, 2009
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MARKET PERCENTAGE
SECTOR ALLOCATION VALUE (Millions) OF FUND (1)
--------------- --------------
High Yield Corporate
Bonds & Preferred 177.6 35.2%
Floating Rate Loans 162.6 32.3%
Mortgage-Backed Securities 91.6 18.2%
Other Asset-Backed
Securities (2) 36.3 7.2%
Government Agency 0.0 0.0%
International Government
Bonds (US$ and non-US$) 10.8 2.1%
Investment Grade Corporate
Bonds & Preferred 17.6 3.5%
Cash & Other Net Assets 7.4 1.5%
--------------- --------------
Total Assets (3) $ 504.0 100.0%
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MARKET PERCENTAGE
TOP 10 INDUSTRIES (4) VALUE (Millions) OF FUND (1)
--------------- --------------
Healthcare Services 43.8 8.7%
Energy 27.5 5.5%
Industrials 23.1 4.6%
Utilities 23.0 4.6%
Chemicals 22.6 4.5%
Pay TV 21.7 4.3%
Media 20.9 4.1%
Info/Technology 19.5 3.9%
Gaming/Leisure 18.4 3.7%
Consumer Products 18.1 3.6%
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Total (3) $ 238.6 47.3%
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10 LARGEST HOLDINGS MARKET PERCENTAGE
BY ISSUER VALUE (Millions) OF FUND (1)
--------------- --------------
Freddie Mac 44.3 8.8%
Fannie Mae 38.7 7.7%
LB-UBS Commercial Mortgage 11.7 2.3%
Govt National Mtg Assn. 8.6 1.7%
HCA Inc. 7.0 1.4%
MBNA Master Credit Card Trust 6.9 1.4%
Intelsat Corp. 6.7 1.3%
Sungard Data Systems 6.4 1.3%
Aramark Corp. 6.3 1.2%
RBS Global & Rexnord Corp. 5.8 1.2%
--------------- --------------
Total (3) $ 142.4 28.3%
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Number of positions 337
NAV per share $ 12.76
Market price per share $ 11.79
Number of shares
outstanding 26,773,772
Total net assets $ 341,713,202
Weighted average
duration (including
leverage) (5) 3 years
Weighted average
credit quality (6) Baa3
Fund leverage
percentage (7) 32%
(1) Percentage of total investments of the Fund. Total investments of the
Fund include long-term and short-term investments and other net assets.
Does not include last day portfolio and shareholder trades.
(2) May include collateralized loan obligations ("CLOs").
(3) Total figures may not represent exact sum of items as a result of
rounding.
(4) Top 10 industries for corporate bonds and floating rate loans.
(5) Duration calculated using internal methodologies. Rounded to the
nearest year.
(6) For securities with multiple ratings, highest rating is used.
(7) Preferred shares issued by the Fund and mortgage dollar rolls used for
leverage divided by total assets of the Fund.
Contact:
Franklin Templeton Investments
Shareholders/Financial Advisors: (800) 342-5236
Media: (650) 312-2245
