PAGE  1
000 B000000 03/31/2005
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
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
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 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.
      PAGE  2
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
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 PFPC INC.
012 B000001 84-1761
012 C010001 WILMINGTON
012 C020001 DE
012 C030001 19809
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 SAN FRANCISCO
013 B020001 CA
013 B030001 94105
013 B040001 2119
014 A000001 DELETE
015 A000001 THE BANK OF NEW YORK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10286
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 LIMITED
015 B000004 S
015 C010004 MELBOURNE
      PAGE  3
015 D010004 AUSTRALIA
015 E040004 X
015 A000005 BANK AUSTRIA CREDITANSTALT AG
015 B000005 S
015 C010005 VIENNA
015 D010005 AUSTRIA
015 E040005 X
015 A000006 ING BELGIUM SA/NV
015 B000006 S
015 C010006 BRUSSELS
015 D010006 BELGIUM
015 E040006 X
015 A000007 ROYAL BANK OF CANADA
015 B000007 S
015 C010007 MONTREAL
015 D010007 CANADA
015 E040007 X
015 A000008 DANSKE BANK A/S
015 B000008 S
015 C010008 COPENHAGEN
015 D010008 DENMARK
015 E040008 X
015 A000009 EUROCLEAR BANK
015 B000009 S
015 C010009 BRUSSELS
015 D010009 EUROMARKET
015 E040009 X
015 A000010 NORDEA BANK FINLAND PLC
015 B000010 S
015 C010010 HELSINKI
015 D010010 FINLAND
015 E040010 X
015 A000011 BHF-BANK AG
015 B000011 S
015 C010011 FRANKFURT/MAIN
015 D010011 GERMANY
015 E040011 X
015 A000012 BNP PARIBAS SECURITIES SERVICES
015 B000012 S
015 C010012 ATHENS
015 D010012 GREECE
015 E040012 X
015 A000013 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000013 S
015 C010013 HONG KONG
015 D010013 HONG KONG
015 E040013 X
015 A000014 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000014 S
015 C010014 JAKARTA
015 D010014 INDONESIA
      PAGE  4
015 E040014 X
015 A000015 THE BANK OF NEW YORK, LONDON
015 B000015 S
015 C010015 LONDON
015 D010015 IRELAND
015 E040015 X
015 A000016 BANK LEUMI LE-ISRAEL B.M.
015 B000016 S
015 C010016 TEL AVIV
015 D010016 ISRAEL
015 E040016 X
015 A000017 BANCA INTESA
015 B000017 S
015 C010017 MILAN
015 D010017 ITALY
015 E040017 X
015 A000018 BANK OF TOKYO-MITSUBISHI LIMITED
015 B000018 S
015 C010018 TOKYO
015 D010018 JAPAN
015 E040018 X
015 A000019 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
015 B000019 S
015 C010019 LUXEMBOURG
015 D010019 LUXEMBOURG
015 E040019 X
015 A000020 BANCO NACIONAL DE MEXICO S.A.
015 B000020 S
015 C010020 MEXICO CITY
015 D010020 MEXICO
015 E040020 X
015 A000021 ING SECURITIES SERVICES NL
015 B000021 S
015 C010021 AMSTERDAM
015 D010021 NETHERLANDS
015 E040021 X
015 A000022 NATIONAL AUSTRALIA BANK
015 B000022 S
015 C010022 AUCKLAND
015 D010022 NEW ZEALAND
015 E040022 X
015 A000023 DNB NOR BANK ASA
015 B000023 S
015 C010023 OSLO
015 D010023 NORWAY
015 E040023 X
015 A000024 CITIBANK DEL PERU
015 B000024 S
015 C010024 LIMA
015 D010024 PERU
015 E040024 X
      PAGE  5
015 A000025 THE HONGKONG AND SHANGHAI BANKING CORP.
015 B000025 S
015 C010025 PASIG CITY
015 D010025 PHILIPPINES
015 E040025 X
015 A000026 BANCO COMERCIAL PORTUGUES, S.A.
015 B000026 S
015 C010026 PORTO SALVO
015 D010026 PORTUGAL
015 E040026 X
015 A000027 DBS BANK LTD.
015 B000027 S
015 C010027 SINGAPORE
015 D010027 SINGAPORE
015 E040027 X
015 A000028 STANDARD BANK
015 B000028 S
015 C010028 JOHANNESBURG
015 D010028 SOUTH AFRICA
015 E040028 X
015 A000029 THE HONGKONG AND SHANGHAI BANKING CORP.
015 B000029 S
015 C010029 SEOUL
015 D010029 SOUTH KOREA
015 E040029 X
015 A000030 BANCO BILBAO VIZCAYA ARGENTARIA SA
015 B000030 S
015 C010030 MADRID
015 D010030 SPAIN
015 E040030 X
015 A000031 SKANDINAVISKA ENSKILDA BANKEN AB
015 B000031 S
015 C010031 STOCKHOLM
015 D010031 SWEDEN
015 E040031 X
015 A000032 CREDIT SUISSE ZURICH
015 B000032 S
015 C010032 ZURICH
015 D010032 SWITZERLAND
015 E040032 X
015 A000033 THE HONGKONG AND SHANGHAI BANKING CORP.
015 B000033 S
015 C010033 BANGKOK
015 D010033 THAILAND
015 E040033 X
015 A000034 THE BANK OF NEW YORK
015 B000034 S
015 C010034 LONDON
015 D010034 UNITED KINGDOM
015 E040034 X
015 A000035 HANSABANK, LTD.
      PAGE  6
015 B000035 S
015 C010035 TALLINN
015 D010035 ESTONIA
015 E040035 X
015 A000036 HANSABANKA LIMITED
015 B000036 S
015 C010036 RIGA
015 D010036 LATVIA
015 E040036 X
015 A000037 HSBC BANK MALAYSIA BERHAD
015 B000037 S
015 C010037 KUALA LUMPUR
015 D010037 MALAYSIA
015 E040037 X
018  000000 Y
019 A000000 Y
019 B000000  155
019 C000000 FRNKTEMINV
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 BANK OF AMERICA
022 B000001 56-2058405
022 C000001     46070
022 D000001     18409
022 A000002 JP MORGAN
022 B000002 13-3224016
022 C000002     40313
022 D000002      7117
022 A000003 CHASE H&Q
022 C000003     26694
022 D000003     12508
022 A000004 CS FIRST BOSTON
022 B000004 13-5659485
022 C000004     22297
022 D000004     13678
022 A000005 CITIGROUP CLOBAL MARKETS
022 B000005 11-2418191
022 C000005     18514
022 D000005     16333
022 A000006 MORGAN STANLEY
022 B000006 13-2655998
022 C000006     22820
      PAGE  7
022 D000006      9043
022 A000007 GOLDMAN SACHS
022 B000007 13-5108880
022 C000007     27324
022 D000007      2700
022 A000008 DEUTSCHE BANK
022 B000008 13-2730828
022 C000008     18020
022 D000008       920
022 A000009 CITIBANK
022 B000009 11-2418191
022 C000009     14872
022 D000009      3805
022 A000010 LEHMAN BROTHERS INC.
022 B000010 13-2518466
022 C000010     12744
022 D000010      4202
023 C000000     308559
023 D000000     128593
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
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
      PAGE  8
028 D020000         0
028 D030000         0
028 D040000         0
028 E010000         0
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
      PAGE  9
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
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 Y
055 B000000 N
056  000000 N
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
      PAGE  10
062 L000000   0.0
062 M000000   0.0
062 N000000  30.9
062 O000000   0.0
062 P000000 110.6
062 Q000000   4.4
062 R000000   4.8
063 A000000   0
063 B000000 15.3
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 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 Y
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
      PAGE  11
070 R020000 N
071 A000000    312311
071 B000000    314313
071 C000000    567619
071 D000000   55
072 A000000 12
072 B000000    33475
072 C000000      492
072 D000000        0
072 E000000        0
072 F000000     2856
072 G000000     1160
072 H000000        0
072 I000000       97
072 J000000       26
072 K000000        6
072 L000000       29
072 M000000       37
072 N000000        0
072 O000000        0
072 P000000        0
072 Q000000        0
072 R000000       32
072 S000000       25
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000      455
072 X000000     4723
072 Y000000        0
072 Z000000    29244
072AA000000     6312
072BB000000     2438
072CC010000        0
072CC020000     6977
072DD010000    35180
072DD020000        0
072EE000000        0
073 A010000   1.1900
073 A020000   0.0000
073 B000000   0.0000
073 C000000   0.1300
074 A000000     1826
074 B000000        0
074 C000000    14186
074 D000000   562366
074 E000000     4205
074 F000000        0
074 G000000        0
074 H000000        0
074 I000000        0
      PAGE  12
074 J000000     2987
074 K000000        0
074 L000000     5901
074 M000000        0
074 N000000   591471
074 O000000    13058
074 P000000      350
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000     2719
074 S000000   190000
074 T000000   385344
074 U010000    26740
074 U020000        0
074 V010000    14.41
074 V020000     0.00
074 W000000   0.0000
074 X000000       68
074 Y000000        0
075 A000000        0
075 B000000   389920
076  000000    13.89
077 A000000 Y
077 B000000 Y
077 E000000 Y
078  000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 B000000 NONE
080 C000000   210000
081 A000000 Y
081 B000000 485
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     86
086 A020000   1258
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
      PAGE  13
086 F010000      0
086 F020000      0
087 A010000 COMMON SHARES
087 A020000 35472T101
087 A030000 FTF
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 Y
SIGNATURE   DEBBIE BETTENCOURT                           
TITLE       ASSISTANT TREASURER