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 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:      3/31-12/31 

Date of reporting period:   6/30/18

Item 1. Proxy Voting Records.

HALCON RESOURCES CORPORATION
Meeting Date:  MAY 14, 2018
Record Date:  MAR 16, 2018
Meeting Type:  ANNUAL

Ticker:  HK
Security ID:  40537Q605

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director William J. Campbell

Management

For

For

1.2

Elect Director James W. Christmas

Management

For

For

1.3

Elect Director Michael L. Clark

Management

For

For

1.4

Elect Director Ronald D. Scott

Management

For

For

2

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

INSTITUTIONAL FIDUCIARY TRUST
Meeting Date:  OCT 30, 2017
Record Date:  AUG 21, 2017
Meeting Type:  SPECIAL

Ticker:  
Security ID:  457756500

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Harris J. Ashton

Management

For

For

1.2

Elect Director Terrence J. Checki

Management

For

For

1.3

Elect Director Mary C. Choksi

Management

For

For

1.4

Elect Director Edith E. Holiday

Management

For

For

1.5

Elect Director Gregory E. Johnson

Management

For

For

1.6

Elect Director Rupert H. Johnson, Jr.

Management

For

For

1.7

Elect Director J. Michael Luttig

Management

For

For

1.8

Elect Director Larry D. Thompson

Management

For

For

1.9

Elect Director John B. Wilson

Management

For

For

3

Amend Fundamental Investment Restriction Regarding Investments in Commodities

Management

For

For

MIDSTATES PETROLEUM COMPANY, INC.
Meeting Date:  JUN 01, 2018
Record Date:  APR 30, 2018
Meeting Type:  ANNUAL

Ticker:  MPO
Security ID:  59804T407

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director David J. Sambrooks

Management

For

For

1.2

Elect Director Alan J. Carr

Management

For

For

1.3

Elect Director Frederic F. Brace

Management

For

For

1.4

Elect Director Patrice D. Douglas

Management

For

For

1.5

Elect Director Neal P. Goldman

Management

For

For

1.6

Elect Director Michael S. Reddin

Management

For

For

1.7

Elect Director Todd R. Snyder

Management

For

For

1.8

Elect Director Bruce H. Vincent

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Ratify Grant Thornton LLP as Auditors

Management

For

For