Franklin Templeton Limited Duration Income Trust Reports Asset Allocation
2009-07-02 02:14:02 -
SAN MATEO, CA -- (Marketwire) -- 07/01/09 -- 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 May 31, 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 $448 billion in assets under management as of May 31, 2009. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at
May 31, 2009
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MARKET PERCENTAGE
SECTOR ALLOCATION VALUE (Millions) OF FUND (1)
------------------------------ ---------------- ----------
High Yield Corporate Bonds &
Preferred 147.9 32.7%
Floating Rate Loans 147.8 32.6%
Mortgage-Backed Securities 93.0 20.5%
Other Asset Backed Securities 24.4 5.4%
Government Agency 0.0 0.0%
International Government Bonds
(US$ and non-US$) 3.0 0.7%
Investment Grade Corporate
Bonds & Preferred 32.3 7.1%
Cash & Other Net Assets 4.4 1.0%
---------------- ----------
Total Assets (2) $ 452.8 100.0%
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MARKET PERCENTAGE
TOP 10 INDUSTRIES (3) VALUE (Millions) OF FUND (1)
------------------------------ ---------------- ----------
Healthcare Services 41.0 9.1%
Utilities 24.2 5.3%
Energy 22.1 4.9%
Financial Services 21.6 4.8%
Media 21.0 4.6%
Chemicals 20.7 4.6%
Pay TV 20.4 4.5%
Food & Beverage 19.6 4.4%
Info/Technology 18.7 4.3%
Industrials 17.9 4.1%
---------------- ----------
Total (2) $ 227.2 50.6%
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MARKET PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER VALUE (Millions) OF FUND (1)
------------------------------ ---------------- ----------
Freddie Mac 44.9 9.9%
Fannie Mae 39.5 8.7%
Govt National Mtg Assn. 8.6 1.9%
Intelsat Corp. 6.5 1.4%
Aramark Corp. 6.2 1.4%
Sungard Data Systems 6.1 1.3%
HCA Inc. 6.1 1.3%
LB-UBS Commercial Mortgage 5.7 1.3%
NRG Energy Inc. 5.1 1.1%
VML US Finance LLC 4.9 1.1%
---------------- ----------
Total (2) $ 133.5 29.5%
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Number of positions 314
NAV per share $ 11.42
Market price per share $ 10.06
Number of shares outstanding 26,773,772
Total net assets $ 305,709,404
Weighted average duration
(including leverage) (4) 3 years
Weighted average credit
quality (5) Baa3
Fund leverage percentage (6) 33%
(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) Total figures may not represent exact sum of items as a result of
rounding.
(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 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
