2013-01-08 01:04:35 -
SAN MATEO, CA -- (Marketwire) -- 01/07/13 -- Franklin Templeton Limited Duration Income Trust (NYSE MKT: FTF), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE MKT closing price as of November 30, 2012.
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 65 years of investment experience and over $768 billion in assets under management as of November 30, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at
November 30, 2012
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PERCENTAGE
MARKET OF FUND
SECTOR ALLOCATION VALUE (Millions) (1)
------------------------------ ---------------- ----------
High Yield Corporate Bonds &
Preferred Securities 184.8 33.5%
Investment Grade Corporate
Bonds 0.0 0.0%
Floating Rate Loans 196.9 35.7%
Mortgage-Backed Securities 133.2 24.1%
Other Asset-Backed Securities
(2) 26.9 4.9%
International Government Bonds
(US$ & non-US$) 6.8 1.2%
Common Stock & Warrants 0.0 0.0%
Cash & Other Net Assets (3) 3.6 0.7%
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Total Assets (4) $552.2 100.0%
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PERCENTAGE
MARKET OF FUND
TOP 10 INDUSTRIES (5) VALUE (Millions) (1)
------------------------------ ---------------- ----------
Healthcare Services 45.1 8.2%
Energy 33.3 6.0%
Automotive 26.6 4.8%
Retail 21.5 3.9%
Financial Services 21.3 3.9%
Industrials 20.5 3.7%
Info/Technology 19.7 3.6%
Chemicals 19.3 3.5%
Food & Beverage 19.1 3.5%
Gaming/Leisure 18.5 3.4%
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Total (4) $244.9 44.3%
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PERCENTAGE
MARKET OF FUND
10 LARGEST HOLDINGS BY ISSUER VALUE (Millions) (1)
------------------------------ ---------------- ----------
Fannie Mae 108.1 19.6%
Freddie Mac 23.7 4.3%
Intelsat 6.6 1.2%
Caesars Entertainment 6.1 1.1%
ADS Waste 5.5 1.0%
Calpine 5.1 0.9%
FMG Resources 5.0 0.9%
Visant Corp. 4.7 0.9%
Reynolds Group Holdings Inc. 4.7 0.9%
Del Monte Foods 4.7 0.8%
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Total (4) $174.4 31.6%
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Number of positions 424
NAV per share $ 14.07
Market price per share $ 13.94
Number of shares outstanding 26,815,016
Total net assets $ 377,403,356
Weighted average duration
(including leverage) (6) 3 years
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) Includes currency forward contracts.
(4) Total figures may not represent exact sum of items as a result of
rounding.
(5) Top 10 industries for corporate bonds and floating rate loans.
(6) Duration calculated using internal methodologies. Rounded to the nearest
year.
(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
