Franklin Templeton Limited Duration Income Trust Reports Asset Allocation
SAN MATEO, CA--(Marketwire - Nov 1, 2012) - 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 September 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 more than 60 years of investment experience and over $749 billion in assets under management as of September 30, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at September 30, 2012 | ||||||||||||
| MARKET | PERCENTAGE | ||||||||||
High Yield Corporate Bonds & Preferred Securities | 185.7 | 33.6 | % | |||||||||
Investment Grade Corporate Bonds | 0.0 | 0.0 | % | |||||||||
Floating Rate Loans | 195.2 | 35.3 | % | |||||||||
Mortgage-Backed Securities | 136.6 | 24.7 | % | |||||||||
Other Asset-Backed Securities 2 | 25.9 | 4.7 | % | |||||||||
International Government Bonds (US$ & non-US$) | 6.8 | 1.2 | % | |||||||||
Common Stock & Warrants | 0.0 | 0.0 | % | |||||||||
Cash & Other Net Assets 3 | 2.2 | 0.4 | % | |||||||||
Total Assets 4 | $ | 552.5 | 100.0 | % | ||||||||
TOP 10 INDUSTRIES 5 | MARKET | PERCENTAGE | ||||||||||
Healthcare Services | 49.1 | 8.9 | % | |||||||||
Energy | 33.2 | 6.0 | % | |||||||||
Automotive | 26.8 | 4.8 | % | |||||||||
Financial Services | 21.3 | 3.8 | % | |||||||||
Retail | 19.5 | 3.5 | % | |||||||||
Broadcasting | 19.1 | 3.5 | % | |||||||||
Chemicals | 18.9 | 3.4 | % | |||||||||
Info/Technology | 18.6 | 3.4 | % | |||||||||
Gaming/Leisure | 18.0 | 3.3 | % | |||||||||
Pay TV | 16.9 | 3.1 | % | |||||||||
Total 4 | $ | 241.4 | 43.7 | % | ||||||||
10 LARGEST HOLDINGS BY ISSUER | MARKET | PERCENTAGE | ||||||||||
Fannie Mae | 111.1 | 20.1 | % | |||||||||
Freddie Mac | 24.1 | 4.4 | % | |||||||||
Reynolds Group Holdings Inc. | 7.2 | 1.3 | % | |||||||||
Intelsat | 6.6 | 1.2 | % | |||||||||
Caesars Entertainment | 6.2 | 1.1 | % | |||||||||
Visant | 5.6 | 1.0 | % | |||||||||
ADS Waste | 5.4 | 1.0 | % | |||||||||
Davita | 5.0 | 0.9 | % | |||||||||
Calpine | 5.0 | 0.9 | % | |||||||||
Ineos Finance | 4.7 | 0.8 | % | |||||||||
Total 4 | $ | 181.0 | 32.8 | % | ||||||||
Number of positions | 413 | |||||||||||
NAV per share | $ | 14.05 | ||||||||||
Market price per share | $ | 14.76 | ||||||||||
Number of shares outstanding | 26,810,588 | |||||||||||
Total net assets | $ | 376,559,905 | ||||||||||
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. | ||||||||||||
