Franklin Templeton Limited Duration Income Trust Reports Asset Allocation
Tue Jul 1, 2:20 PMSAN MATEO, Calif.--(BUSINESS WIRE)--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 May 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 approximately $623 billion in assets under management as of May 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 May 31, 2008 |
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| MARKET | PERCENTAGE | ||||
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SECTOR ALLOCATION |
VALUE (Millions) |
OF FUND1 |
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| High Yield Corporate Bonds | $144.7 | 26.7% | |||
| Floating Rate Loans | $206.7 | 38.1% | |||
| Mortgage-Backed Securities | $120.1 | 22.1% | |||
| Other Asset Backed Securities | $26.1 | 4.8% | |||
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International Government Bonds (US$ and non-US$) |
$20.6 | 3.8% | |||
| Investment Grade Corporate Bonds | $19.4 | 3.6% | |||
| Cash & Other Net Assets | $5.3 | 1.0% | |||
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| Total Assets 2 | $542.9 | 100.0% | |||
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MARKET |
PERCENTAGE | ||||
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TOP 10 INDUSTRIES 3 |
VALUE (Millions) |
OF FUND1 |
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| Healthcare Services | $42.0 | 7.7% | |||
| Financial Services | $30.4 | 5.6% | |||
| Info/Technology | $29.3 | 5.4% | |||
| Media | $28.6 | 5.3% | |||
| Chemicals | $25.7 | 4.7% | |||
| Industrial | $23.1 | 4.3% | |||
| Pay TV | $20.6 | 3.8% | |||
| Utilities | $20.0 | 3.7% | |||
| Consumer Products | $19.1 | 3.5% | |||
| Gaming/Leisure | $15.7 | 2.9% | |||
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| Total 2 | $254.5 | 46.9% | |||
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| MARKET | PERCENTAGE | ||||
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10 LARGEST HOLDINGS BY ISSUER |
VALUE (Millions) |
OF FUND1 |
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| Fannie Mae | $67.3 | 12.4% | |||
| Freddie Mac | $43.6 | 8.0% | |||
| Govt National Mtg Assn. | $9.1 | 1.7% | |||
| Intelsat Corp. | $7.5 | 1.4% | |||
| HCA Inc. | $7.0 | 1.3% | |||
| Aramark Corp. | $6.7 | 1.2% | |||
| Charter Communications Operating LLC | $6.1 | 1.1% | |||
| Sungard Data Systems | $6.0 | 1.1% | |||
| Dex Media | $5.5 | 1.0% | |||
| Davita | $5.4 | 1.0% | |||
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| Total 2 | $164.3 | 30.3% | |||
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| Number of positions | 344 | ||||
| NAV per share | $ 13.18 | ||||
| Market price per share | $ 11.88 | ||||
| Number of shares outstanding | 26,773,772 | ||||
| Total net assets | $ 352,927,718 | ||||
| Weighted average duration (including leverage) 4 | 3 years | ||||
| Weighted average credit quality 5 | Baa3 | ||||
| Fund leverage percentage 6 | 35% | ||||
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1Percentage 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.
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2Total figures may not represent exact sum of items as a result of rounding. |
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3Top 10 industries for corporate bonds and floating rate loans. |
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4Duration calculated using internal methodologies. Rounded to the nearest year. |
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5For securities with multiple ratings, highest rating is used. |
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6Preferred 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
535.02 (5.57%)
