Let G be a torus and M a G-Hamiltonian manifold with Kostant line bundle L and proper moment map. Let P be the weight lattice of G. We consider a parameter k and the multiplicity $m(lambda,k)$ of the quantized representation associated to M and the k-th power of L . We prove that the weighted sum $sum m(lambda,k) f(lambda/k)$ of the value of a test function f on points of the lattice $P/k$ has an asymptotic development in terms of the twisted Duistermaat-Heckman distributions associated to the graded Todd class of M. When M is compact, and f polynomial, the asymptotic series is finite and exact.