PAGE 1 000 B000000 03/31/2012 000 C000000 0001233087 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 FRANKLIN TEMPLETON LTD DURATION INCOME TRUST 001 B000000 811-21357 001 C000000 6503122000 002 A000000 ONE FRANKLIN PARKWAY 002 B000000 SAN MATEO 002 C000000 CA 002 D010000 94403 002 D020000 1906 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 008 A000001 FRANKLIN ADVISERS, INC. 008 B000001 A 008 C000001 801-26292 008 D010001 SAN MATEO 008 D020001 CA 008 D030001 94403 008 D040001 1906 010 A000001 FRANKLIN TEMPLETON SERVICES, LLC 010 B000001 801-31192 010 C010001 SAN MATEO 010 C020001 CA 010 C030001 94403 010 C040001 1906 011 A000001 CITIGROUP GLOBAL MARKETS INC. 011 B000001 8-008177 011 C010001 NEW YORK 011 C020001 NY 011 C030001 10013 011 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 011 B000002 8-007221 011 C010002 NEW YORK 011 C020002 NY 011 C030002 10281 011 A000003 UBS SECURITIES LLC 011 B000003 8-022651 011 C010003 STAMFORD 011 C020003 CT PAGE 2 011 C030003 06901 011 A000004 WACHOVIA CAPITAL MARKETS LLC 011 B000004 8-065876 011 C010004 CHARLOTTE 011 C020004 NC 011 C030004 28202 011 A000005 ADVEST INC. 011 B000005 8-021409 011 C010005 HARTFORD 011 C020005 CT 011 C030005 06103 012 A000001 PNC GLOBAL INVESTMENT SERVICING 012 B000001 84-01761 012 C010001 PROVIDENCE 012 C020001 RI 012 C030001 02940 012 C040001 3027 013 A000001 PRICEWATERHOUSECOOPERS LLP 013 B010001 SAN FRANCISCO 013 B020001 CA 013 B030001 94111 013 B040001 4004 015 A000001 THE BANK OF NEW YORK MELLON 015 B000001 C 015 C010001 NEW YORK 015 C020001 NY 015 C030001 10286 015 C040001 0001 015 E010001 X 015 A000002 FRANKLIN TEMPLETON INVESTOR SERVICES LLC 015 B000002 C 015 C010002 SAN MATEO 015 C020002 CA 015 C030002 94403 015 C040002 1906 015 E030002 X 015 A000003 CITIBANK ARGENTINA 015 B000003 S 015 C010003 BUENOS AIRES 015 D010003 ARGENTINA 015 E040003 X 015 A000004 NATIONAL AUSTRALIA BANK LTD 015 B000004 S 015 C010004 MELBOURNE 015 D010004 AUSTRALIA 015 E040004 X 015 A000005 UNICREDIT BANK AUSTRIA AG 015 B000005 S 015 C010005 VIENNA 015 D010005 AUSTRIA 015 E040005 X PAGE 3 015 A000006 CITIBANK INTERNATIONAL PLC 015 B000006 S 015 C010006 BRUSSELS 015 D010006 BELGIUM 015 E040006 X 015 A000007 STANBIC BANK BOTSWANA LIMITED 015 B000007 S 015 C010007 GABORONE 015 D010007 BOTSWANA 015 E040007 X 015 A000008 CITIBANK NA 015 B000008 S 015 C010008 SAO PAULO 015 D010008 BRAZIL 015 E040008 X 015 A000009 CIBC MELLON TRUST CO 015 B000009 S 015 C010009 TORONTO 015 D010009 CANADA 015 E040009 X 015 A000010 BANCO DE CHILE 015 B000010 S 015 C010010 SANTIAGO 015 D010010 CHILE 015 E040010 X 015 A000011 CITITRUST COLOMBIA SA 015 B000011 S 015 C010011 BOGOTA 015 D010011 COLOMBIA 015 E040011 X 015 A000012 PRIVREDNA BANKA ZAGREB DD 015 B000012 S 015 C010012 ZAGREB 015 D010012 CROATIA 015 E040012 X 015 A000013 DANKSE BANK A/S 015 B000013 S 015 C010013 COPENHAGEN 015 D010013 DENMARK 015 E040013 X 015 A000014 HSBC BANK EGYPT SAE 015 B000014 S 015 C010014 CAIRO 015 D010014 EGYPT 015 E040014 X 015 A000015 SKANDINAVISKA ENSKILDA BANKEN AB 015 B000015 S 015 C010015 HELSINKI 015 D010015 FINLAND 015 E040015 X 015 A000016 THE BANK OF NEW YORK MELLON SA/NV PAGE 4 015 B000016 S 015 C010016 FRANKFURT 015 D010016 GERMANY 015 E040016 X 015 A000017 ING BANK N.V. 015 B000017 S 015 C010017 BUDAPEST 015 D010017 HUNGARY 015 E040017 X 015 A000018 DEUTSCHE BANK AG 015 B000018 S 015 C010018 MUMBAI 015 D010018 INDIA 015 E040018 X 015 A000019 THE HONGKONG AND SHANGHAI BANKING CORP LTD 015 B000019 S 015 C010019 JAKARTA 015 D010019 INDONESIA 015 E040019 X 015 A000020 THE BANK OF NEW YORK MELLON 015 B000020 S 015 C010020 LONDON 015 D010020 UNITED KINGDOM 015 E040020 X 015 A000021 BANK HAPOALIM BM 015 B000021 S 015 C010021 TEL AVIV 015 D010021 ISRAEL 015 E040021 X 015 A000022 INTESA SANPAOLO SPA 015 B000022 S 015 C010022 MILAN 015 D010022 ITALY 015 E040022 X 015 A000023 THE BANK OF TOKYO-MITSUBISHI UFJ LTD 015 B000023 S 015 C010023 TOKYO 015 D010023 JAPAN 015 E040023 X 015 A000024 AS SEB BANKA 015 B000024 S 015 C010024 RIGA 015 D010024 LATVIA 015 E040024 X 015 A000025 SEB BANKAS 015 B000025 S 015 C010025 VILNIUS 015 D010025 LITHUANIA 015 E040025 X 015 A000026 BANQUE ET CAISSE D'EPARGNE DE L'ETAT 015 B000026 S PAGE 5 015 C010026 LUXEMBOURG 015 D010026 LUXEMBOURG 015 E040026 X 015 A000027 HSBC BANK MALAYSIA BERHAD 015 B000027 S 015 C010027 KUALA LUMPUR 015 D010027 MALAYSIA 015 E040027 X 015 A000028 THE HONGKONG AND SHANGHAI BANKING CORP LTD 015 B000028 S 015 C010028 EBENE 015 D010028 MAURITIUS 015 E040028 X 015 A000029 CITIBANK MAGHREB 015 B000029 S 015 C010029 CASABLANCA 015 D010029 MOROCCO 015 E040029 X 015 A000030 THE BANK OF NEW YORK MELLON SA/NV 015 B000030 S 015 C010030 BRUSSELS 015 D010030 NETHERLANDS 015 E040030 X 015 A000031 NATIONAL NOMINEES LTD 015 B000031 S 015 C010031 AUCKLAND 015 D010031 NEW ZEALAND 015 E040031 X 015 A000032 DNB BANK ASA 015 B000032 S 015 C010032 OSLO 015 D010032 NORWAY 015 E040032 X 015 A000033 CITIBANK, N.A. SUCURSAL DE LIMA 015 B000033 S 015 C010033 LIMA 015 D010033 PERU 015 E040033 X 015 A000034 THE HONGKONG AND SHANGHAI BANKING CORP LTD 015 B000034 S 015 C010034 TAGUIG CITY 015 D010034 PHILIPPINES 015 E040034 X 015 A000035 UNITED OVERSEAS BANK LTD 015 B000035 S 015 C010035 SINGAPORE 015 D010035 SINGAPORE 015 E040035 X 015 A000036 ING BANK NV 015 B000036 S 015 C010036 BRATISLAVA PAGE 6 015 D010036 SLOVAK REPUBLIC 015 E040036 X 015 A000037 THE STANDARD BANK OF SOUTH AFRICA LTD 015 B000037 S 015 C010037 JOHANNESBURG 015 D010037 SOUTH AFRICA 015 E040037 X 015 A000038 THE HONGKONG AND SHANGHAI BANKING CORP LTD 015 B000038 S 015 C010038 SEOUL 015 D010038 SOUTH KOREA 015 E040038 X 015 A000039 BANCO BILBAO VIZCAYA ARGENTARIA SA 015 B000039 S 015 C010039 MADRID 015 D010039 SPAIN 015 E040039 X 015 A000040 THE HONGKONG AND SHANGHAI BANKING CORP LTD 015 B000040 S 015 C010040 COLOMBO 015 D010040 SRI LANKA 015 E040040 X 015 A000041 SKANDINAVISKA ENSKILDA BANKEN 015 B000041 S 015 C010041 STOCKHOLM 015 D010041 SWEDEN 015 E040041 X 015 A000042 CREDIT SUISSE AG 015 B000042 S 015 C010042 ZURICH 015 D010042 SWITZERLAND 015 E040042 X 015 A000043 THE HONGKONG AND SHANGHAI BANKING CORP LTD 015 B000043 S 015 C010043 BANGKOK 015 D010043 THAILAND 015 E040043 X 015 A000044 DEUTSCHE BANK AS 015 B000044 S 015 C010044 ISTANBUL 015 D010044 TURKEY 015 E040044 X 015 A000045 THE BANK OF NEW YORK MELLON 015 B000045 S 015 C010045 LONDON 015 D010045 IRELAND 015 E040045 X 015 A000046 EUROCLEAR BANK 015 B000046 S 015 C010046 BRUSSELS 015 D010046 EUROMARKET PAGE 7 015 E040046 X 015 A000047 THE HONGKONG AND SHANGHAI BANKING CORP LTD 015 B000047 S 015 C010047 HONG KONG 015 D010047 HONG KONG 015 E040047 X 015 A000048 CFC STANBIC BANK LIMITED 015 B000048 S 015 C010048 NAIROBI 015 D010048 KENYA 015 E040048 X 015 A000049 BANCO NACIONAL DE MEXICO SA 015 B000049 S 015 C010049 MEXICO CITY 015 D010049 MEXICO 015 E040049 X 015 A000050 CITIBANK INTERNATIONAL PLC 015 B000050 S 015 C010050 PORTO 015 D010050 PORTUGAL 015 E040050 X 015 A000051 ING BANK NV 015 B000051 S 015 C010051 BUCHAREST 015 D010051 ROMANIA 015 E040051 X 015 A000052 STANBIC BANK ZAMBIA LTD. 015 B000052 S 015 C010052 LUSAKA 015 D010052 ZAMBIA 015 E040052 X 015 A000053 BNP PARIBAS SECURITIES SERVICES 015 B000053 S 015 C010053 ATHENS 015 D010053 GREECE 015 E040053 X 015 A000054 STANDARD CHARTERED BANK (TAIWAN) LTD 015 B000054 S 015 C010054 TAIPEI 015 D010054 TAIWAN 015 E040054 X 015 A000055 BNP PARIBAS SECURITIES SERVICES 015 B000055 S 015 C010055 PARIS 015 D010055 FRANCE 015 E040055 X 015 A000056 ING BANK SLASKI S.A 015 B000056 S 015 C010056 KATOWICE 015 D010056 POLAND 015 E040056 X PAGE 8 015 A000057 NBI HF 015 B000057 S 015 C010057 REYKJAVIK 015 D010057 ICELAND 015 E040057 X 018 000000 Y 019 A000000 Y 019 B000000 149 019 C000000 FRNKTEMINV 020 A000001 UBS SECURITIES LLC 020 B000001 13-3873456 020 C000001 1 020 A000002 CANTOR FITZGERALD & CO 020 B000002 13-3680184 020 C000002 0 021 000000 1 022 A000001 NOMURA SECURITIES LTD 022 B000001 13-2642206 022 C000001 343010 022 D000001 371700 022 A000002 GREENWICH CAPITAL MARKETS INC 022 B000002 13-3122275 022 C000002 296219 022 D000002 312962 022 A000003 BARCLAYS CAPITAL INC 022 B000003 06-1031656 022 C000003 220678 022 D000003 271594 022 A000004 BANK OF AMERICA NA 022 B000004 91-0402650 022 C000004 185516 022 D000004 222247 022 A000005 JP MORGAN SECURITIES INC 022 B000005 13-3224016 022 C000005 201426 022 D000005 135462 022 A000006 UBS SECURITIES LLC 022 B000006 13-3873456 022 C000006 107416 022 D000006 83246 022 A000007 CREDIT SUISSE HOLDINGS (USA) INC 022 B000007 13-2853402 022 C000007 75078 022 D000007 66491 022 A000008 MORGAN STANLEY & CO INC 022 B000008 13-2655998 022 C000008 19908 022 D000008 17478 022 A000009 CITIBANK NA 022 B000009 13-5266470 022 C000009 16707 PAGE 9 022 D000009 15840 022 A000010 DEUTSCHE BANK SECURITIES INC 022 B000010 13-2730828 022 C000010 16417 022 D000010 10927 023 C000000 1509210 023 D000000 1540130 024 000000 Y 025 A000001 BANK OF AMERICA NA 025 B000001 91-0402650 025 C000001 D 025 D000001 6084 025 A000002 JP MORGAN SECURITIES INC 025 B000002 13-3224016 025 C000002 D 025 D000002 868 025 A000003 MORGAN STANLEY & CO INC 025 B000003 13-2655998 025 C000003 D 025 D000003 362 025 A000004 CITIGROUP GLOBAL MARKETS INC 025 B000004 11-2418191 025 C000004 D 025 D000004 5942 026 A000000 N 026 B000000 Y 026 C000000 Y 026 D000000 Y 026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 N 027 000000 N 028 A010000 0 028 A020000 0 028 A030000 0 028 A040000 0 028 B010000 0 028 B020000 0 028 B030000 0 028 B040000 0 028 C010000 0 028 C020000 0 028 C030000 0 028 C040000 0 028 D010000 0 028 D020000 0 028 D030000 0 028 D040000 0 028 E010000 0 PAGE 10 028 E020000 0 028 E030000 0 028 E040000 0 028 F010000 0 028 F020000 0 028 F030000 0 028 F040000 0 028 G010000 0 028 G020000 0 028 G030000 0 028 G040000 0 028 H000000 0 030 A000000 0 030 B000000 0.00 030 C000000 0.00 031 A000000 0 031 B000000 0 032 000000 0 033 000000 0 035 000000 0 036 B000000 0 038 000000 0 042 A000000 0 042 B000000 0 042 C000000 0 042 D000000 0 042 E000000 0 042 F000000 0 042 G000000 0 042 H000000 0 043 000000 0 044 000000 0 045 000000 Y 046 000000 N 047 000000 Y 048 000000 0.500 048 A010000 0 048 A020000 0.000 048 B010000 0 048 B020000 0.000 048 C010000 0 048 C020000 0.000 048 D010000 0 048 D020000 0.000 048 E010000 0 048 E020000 0.000 048 F010000 0 048 F020000 0.000 048 G010000 0 048 G020000 0.000 048 H010000 0 PAGE 11 048 H020000 0.000 048 I010000 0 048 I020000 0.000 048 J010000 0 048 J020000 0.000 048 K010000 0 048 K020000 0.000 049 000000 N 050 000000 N 051 000000 N 052 000000 N 053 A000000 N 054 A000000 Y 054 B000000 Y 054 C000000 Y 054 D000000 N 054 E000000 N 054 F000000 N 054 G000000 Y 054 H000000 Y 054 I000000 N 054 J000000 Y 054 K000000 N 054 L000000 Y 054 M000000 Y 054 N000000 N 054 O000000 Y 055 A000000 N 055 B000000 N 056 000000 Y 057 000000 N 058 A000000 N 059 000000 Y 060 A000000 Y 060 B000000 Y 061 000000 0 062 A000000 Y 062 B000000 0.0 062 C000000 0.0 062 D000000 0.0 062 E000000 0.0 062 F000000 0.0 062 G000000 0.0 062 H000000 0.0 062 I000000 0.0 062 J000000 0.0 062 K000000 0.0 062 L000000 0.0 062 M000000 0.0 062 N000000 32.8 062 O000000 0.0 PAGE 12 062 P000000 109.6 062 Q000000 2.2 062 R000000 3.5 063 A000000 0 063 B000000 9.4 064 A000000 N 064 B000000 N 066 A000000 N 067 000000 N 068 A000000 N 068 B000000 N 069 000000 N 070 A010000 Y 070 A020000 N 070 B010000 N 070 B020000 N 070 C010000 Y 070 C020000 N 070 D010000 N 070 D020000 N 070 E010000 Y 070 E020000 N 070 F010000 N 070 F020000 N 070 G010000 Y 070 G020000 N 070 H010000 N 070 H020000 N 070 I010000 N 070 I020000 N 070 J010000 Y 070 J020000 Y 070 K010000 Y 070 K020000 Y 070 L010000 Y 070 L020000 Y 070 M010000 Y 070 M020000 Y 070 N010000 Y 070 N020000 N 070 O010000 Y 070 O020000 N 070 P010000 Y 070 P020000 N 070 Q010000 Y 070 Q020000 N 070 R010000 Y 070 R020000 N 071 A000000 1597277 071 B000000 1603614 071 C000000 528583 PAGE 13 071 D000000 302 072 A000000 12 072 B000000 28792 072 C000000 0 072 D000000 0 072 E000000 0 072 F000000 2697 072 G000000 1087 072 H000000 0 072 I000000 69 072 J000000 20 072 K000000 18 072 L000000 29 072 M000000 22 072 N000000 0 072 O000000 0 072 P000000 0 072 Q000000 0 072 R000000 67 072 S000000 44 072 T000000 0 072 U000000 0 072 V000000 0 072 W000000 154 072 X000000 4207 072 Y000000 0 072 Z000000 24585 072AA000000 14530 072BB000000 7883 072CC010000 0 072CC020000 7839 072DD010000 27213 072DD020000 0 072EE000000 0 073 A010000 1.0200 073 A020000 0.0000 073 B000000 0.0000 073 C000000 0.0000 074 A000000 1940 074 B000000 0 074 C000000 137 074 D000000 535122 074 E000000 0 074 F000000 0 074 G000000 0 074 H000000 0 074 I000000 13041 074 J000000 4981 074 K000000 0 074 L000000 4969 074 M000000 645 PAGE 14 074 N000000 560835 074 O000000 97570 074 P000000 322 074 Q000000 90000 074 R010000 0 074 R020000 0 074 R030000 0 074 R040000 2848 074 S000000 0 074 T000000 370095 074 U010000 26787 074 U020000 0 074 V010000 13.82 074 V020000 0.00 074 W000000 0.0000 074 X000000 41 074 Y000000 199296 075 A000000 0 075 B000000 365522 076 000000 14.01 077 A000000 Y 077 B000000 Y 078 000000 N 080 A000000 ICI Mutual Insurance Company 080 B000000 None 080 C000000 100000 081 A000000 Y 081 B000000 592 082 A000000 N 082 B000000 0 083 A000000 N 083 B000000 0 084 A000000 N 084 B000000 0 085 A000000 Y 085 B000000 N 086 A010000 13 086 A020000 184 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 087 A010000 COMMON SHARES 087 A020000 35472T101 087 A030000 FTF PAGE 15 088 A000000 N 088 B000000 N 088 C000000 N 088 D000000 Y SIGNATURE KRINSTIN CARBONI TITLE ASSISTANT TREASURER