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 

Date of reporting period:   6/30/15

Item 1. Proxy Voting Records.

VERSO CORPORATION
Meeting Date:  MAY 21, 2015
Record Date:  APR 07, 2015
Meeting Type:  ANNUAL

Ticker:  VRS
Security ID:  92531L108

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Robert M. Amen

Management

For

For

1.2

Elect Director Thomas Gutierrez

Management

For

For

1.3

Elect Director Eric L. Press

Management

For

For

1.4

Elect Director L.H. Puckett, Jr.

Management

For

For

2

Ratify Deloitte & Touche LLP as Auditors

Management

For

For