------------------------ OMB APPROVAL ------------------------ OMB Number: 3235-0582 Expires: April 30, 2009 Estimated average burden hours per response..14.4 ------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-21357 ------------------ FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ------------------------------------------------------------------------------- (Exact name of registrant as specified in charter) ONE FRANKLIN PARKWAY, SAN MATEO, CA 94403-1906 ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) CRAIG S. TYLE, ONE FRANKLIN PARKWAY, SAN MATEO, CA 94403-1906 ------------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: (650) 312-2000 --------------------------- Date of fiscal year end: 3/31 ------------------ Date of reporting period: 6/30/07 ------------------ ITEM 1. PROXY VOTING RECORDS. INSTITUTIONAL FIDUCIARY TRUST Ticker: INFXX Security ID: 457756500 Meeting Date: MAY 11, 2007 Meeting Type: Special Record Date: JAN 5, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee Harris J. Ashton For Echo Management Vote 1.2 Elect Trustee Robert F. Carlson For Echo Management Vote 1.3 Elect Trustee Sam L. Ginn For Echo Management Vote 1.4 Elect Trustee Edith E. Holiday For Echo Management Vote 1.5 Elect Trustee Frank W. T. LaHaye For Echo Management Vote 1.6 Elect Trustee Frank A. Olson For Echo Management Vote 1.7 Elect Trustee Larry D. Thompson For Echo Management Vote 1.8 Elect Trustee John B. Wilson For Echo Management Vote 1.9 Elect Trustee Charles B. Johnson For Echo Management Vote 1.10 Elect Trustee Gregory E. Johnson For Echo Management Vote 2 Approve Conversion to Series of Delaware For Echo Management Business Trust Vote 3 Approve Change of Fundamental Investment For Echo Management Policy Vote 4 Approve Change of Fundamental Investment For Echo Management Policy Vote 5 Approve Change of Fundamental Investment For Echo Management Policy Vote 6 Approve Change of Fundamental Investment For Echo Management Policy Vote 7 Approve Change of Fundamental Investment For Echo Management Policy Vote 8 Approve Change of Fundamental Investment For Echo Management Policy Vote 9 Approve Change of Fundamental Investment For Echo Management Policy Vote 10 Approve Change of Fundamental Investment For Echo Management Policy Vote 11 Approve Elimination of Fundamental For Echo Management Investment Policy Vote 12 Approve Change of Fundamental Investment For Echo Management Policy Vote For all items above, voted shares in the same proportion as the vote of all other shareholders. SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST By (Signature and Title)*/s/JIMMY D. GAMBILL ------------------------------------------------------ Jimmy D. Gambill, Chief Executive Officer - Finance and Administration Date AUGUST 27, 2007 --------------------- * PRINT THE NAME AND TITLE OF EACH SIGNING OFFICER UNDER HIS OR HER SIGNATURE.