Franklin Templeton Limited Duration Income Trust Declares Monthly Dividend
|From:||Franklin Advisers, Inc.|
|Contact:||Franklin Templeton Fund Information|
San Mateo, CA, January 18, 2007 – 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 February 15, 2007, to shareholders of record on January 31, 2007.
Based on the Fund’s net asset value (NAV) of $14.25 at the close of the market on January 17, 2007, the Fund’s dividend represents an annualized yield at NAV of 7.07%. At the Fund’s market price of $13.63 at the close of the market on January 17, 2007, the Fund’s dividend represents an annualized market yield of 7.40%.
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 $552 billion in assets under management as of December 31, 2006. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.