Franklin Templeton Limited Duration Income Trust Declares Monthly Dividend

Wed Mar 19, 3:14 PM

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton Limited Duration Income Trust (AMEX: FTF), a closed-end investment company managed by Franklin Advisers, Inc., announced today a dividend of $0.084 per share, payable April 15, 2008, to shareholders of record on March 31, 2008.

Based on the Funds net asset value (NAV) of $12.76 at the close of the market on March 18, 2008, the Funds dividend represents an annualized yield at NAV of 7.90%. At the Funds market price of $10.85 at the close of the market on March 18, 2008, the Funds dividend represents an annualized market yield of 9.29%.

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 and Fiduciary Trust investment teams. The San Mateo, CA-based company has 60 years of investment experience and over $600 billion in assets under management as of February 29, 2008. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

Franklin Templeton Investments
Media: 650-312-2245
Shareholders/Financial Advisors: 800-342-5236