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FBNRX Templeton Global Bond R6

  • Fund
  • FBNRX
  • Price as of: Jan 18, 2019
  • $11.46
  • + $0.05
  • + 0.44%
  • Category
  • Global Bonds

FBNRX - Profile

Vitals

  • YTD Return 1.9%
  • 3 Yr Annualized Return 3.7%
  • 5 Yr Annualized Return 1.8%
  • Net Assets $33.5 B
  • Holdings in Top 10 30.0%

52 WEEK LOW AND HIGH

$11.46
$11.17
$12.05

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.55%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 42.12%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Investment Themes

CATEGORY

Global Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style World Bond

Distributions

  • YTD Total Return 1.9%
  • 3 Yr Annualized Total Return 3.7%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.02%
DIVIDENDS
  • Dividend Yield 3.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Templeton Global Bond Fund
  • Fund Family Name Franklin Templeton Investments
  • Inception Date May 01, 2013
  • Shares Outstanding 363350832
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Michael J. Hasenstab

FBNRX - Performance

Return Ranking - Trailing

Period FBNRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.9% -6.2% 7.9% 13.46% 1
1 Yr 1.6% -14.6% 10.2% 18.47% 1
3 Yr 3.7% * -3.8% 7.3% 22.46% 2
5 Yr 1.8% * -2.5% 5.3% 31.41% 2
10 Yr 5.4% * -0.1% 9.9% 27.72% 2

* Annualized


Return Ranking - Calendar

Period FBNRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -5.1% -12.1% 203.9% 50.67% 4
2017 -0.9% -9.9% 12.8% 68.62% 5
2016 3.7% -9.1% 10.8% 10.42% 1
2015 -7.1% -12.4% 7.6% 54.77% 4
2014 -5.2% -10.0% 7.1% 62.83% 5

Total Return Ranking - Trailing

Period FBNRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.9% -100.0% 7.9% 13.46% 1
1 Yr 1.6% -18.0% 10.2% 15.29% 1
3 Yr 3.7% * -4.7% 7.3% 18.60% 1
5 Yr 1.8% * -2.9% 5.3% 28.88% 2
10 Yr 5.4% * -0.1% 9.9% 25.25% 2

* Annualized


Total Return Ranking - Calendar

Period FBNRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -5.1% -12.1% 203.9% 51.01% 4
2017 -0.9% -10.1% 12.8% 70.34% 5
2016 6.3% -8.8% 19.6% 9.72% 1
2015 -4.0% -12.4% 9.7% 38.52% 3
2014 2.2% -9.2% 15.1% 31.85% 2

NAV & Total Return History

FBNRX - Holdings

Filings data as of: Sep 30, 2018

Concentration Analysis

FBNRX Category Low Category High FBNRX % Rank Quintile
Net Assets 33.5 B 3 M 111 B 0.63% 1
Number of Holdings 143 1 5424 24.05% 4
Net Assets in Top 10 10.1 B -831 M 10.1 B 0.32% 1
Weighting of Top 10 30.0% 4.7% 628.5% 21.84% 4

Top 10 Holdings

  1. Mexico (United Mexican States) 8% 8.43%
  2. Mexico (United Mexican States) 6.5% 4.33%
  3. Brazil (Federative Republic) 9.76% 3.31%
  4. Brazil (Federative Republic) 9.76% 2.68%
  5. India (Republic of) 8.83% 2.20%
  6. Secretaria Tesouro Nacional 0% 2.07%
  7. Indonesia (Republic of) 8.38% 2.02%
  8. United States Treasury Bills 0% 1.68%
  9. Secretaria Tesouro Nacional 0% 1.54%
  10. Republic of Colombia 7.75% 1.76%

Asset Allocation

Weighting Category Low Category High FBNRX % Rank Quintile
Bonds
61.24% -44.69% 195.19% 29.65% 5
Cash
37.63% -109.30% 144.68% 2.85% 1
Stocks
0.95% -10.89% 69.42% 3.15% 1
Other
0.19% -0.66% 20.34% 18.99% 3
Preferred Stocks
0.00% 0.00% 3.36% 10.44% 5
Convertible Bonds
0.00% 0.00% 12.76% 18.67% 5

Stock Sector Breakdown

Weighting Category Low Category High FBNRX % Rank Quintile
Utilities
0.00% 0.00% 2.03% N/A N/A
Technology
0.00% 0.00% 8.14% N/A N/A
Real Estate
0.00% 0.00% 3.61% N/A N/A
Industrials
0.00% 0.00% 5.71% N/A N/A
Healthcare
0.00% 0.00% 5.14% N/A N/A
Financial Services
0.00% 0.00% 7.96% N/A N/A
Energy
0.00% 0.00% 5.35% N/A N/A
Communication Services
0.00% 0.00% 1.62% N/A N/A
Consumer Defense
0.00% 0.00% 4.23% N/A N/A
Consumer Cyclical
0.00% 0.00% 6.99% N/A N/A
Basic Materials
0.00% 0.00% 2.59% N/A N/A

Stock Geographic Breakdown

Weighting Category Low Category High FBNRX % Rank Quintile
US
0.95% -10.89% 48.81% 2.85% 1
Non US
0.00% -0.04% 20.61% 6.33% 5

Bond Sector Breakdown

Weighting Category Low Category High FBNRX % Rank Quintile
Government
60.35% -67.11% 126.24% 11.08% 2
Cash & Equivalents
37.63% -62.15% 145.63% 2.53% 1
Corporate
0.89% 0.00% 198.32% 32.59% 5
Derivative
0.00% -118.86% 63.23% 7.91% 3
Securitized
0.00% 0.00% 59.87% 28.48% 5
Municipal
0.00% 0.00% 45.73% 10.76% 5

Bond Geographic Breakdown

Weighting Category Low Category High FBNRX % Rank Quintile
Non US
55.29% -76.41% 347.04% 16.77% 3
US
5.95% -309.96% 171.67% 26.90% 4

FBNRX - Expenses

Operational Fees

FBNRX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.55% 0.07% 7.16% 48.42% 1
Management Fee 0.48% 0.00% 1.28% 7.89% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.15% 0.00% 0.45% 4.52% 4

Sales Fees

FBNRX Fees (% of AUM) Category Low Category High FBNRX Rank Quintile
Front Load N/A 2.50% 5.75% N/A N/A
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

FBNRX Fees (% of AUM) Category Low Category High FBNRX Rank Quintile
Max Redemption Fee N/A 1.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FBNRX Fees (% of AUM) Category Low Category High FBNRX Rank Quintile
Turnover 42.12% 0.00% 451.00% 24.05% 1

FBNRX - Distributions

Dividend Yield Analysis

FBNRX Category Low Category High FBNRX % Rank Quintile
Dividend Yield 3.2% 0.00% 3.32% 1.34% 1

Dividend Distribution Analysis

FBNRX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FBNRX Category Low Category High FBNRX % Rank Quintile
Net Income Ratio 5.02% -1.10% 5.99% 4.11% 1

Capital Gain Distribution Analysis

FBNRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

FBNRX - Managers

Michael J. Hasenstab

Lead Manager

Start Date

Dec 31, 2001

Tenure

17.01

Tenure Rank

1.4%

Michael Hasenstab, Ph.D., is senior vice president,co-director and portfolio manager for the international bond department of the Franklin Templeton Fixed Income Group. He co-directs all investment strategies witin the International Fixed Income Group and co-manages the portfolio management team. In additon, he is member of the Fixed Income Policy Committee and Global Investment Forum and is a portfolio manager for numerous Franklin Templeton funds.


Calvin Ho

Manager

Start Date

Dec 31, 2018

Tenure

0.0

Tenure Rank

17.7%

Calvin Ho, Ph.D., is a senior vice president and director of research for Templeton Global Macro. Dr. Ho also serves as a portfolio manager for a number of funds, including Templeton Global Bond Fund, Templeton Global Total Return Fund and Templeton Emerging Market Bond Fund. Templeton Global Macro offers global, unconstrained investment strategies through a variety of investment vehicles ranging from retail mutual funds to unregistered, privately offered hedge funds. Over the last decade, these strategies have collectively received more than 400 awards from various rating agencies globally, including Lipper and Morningstar. Dr. Ho is responsible for shaping the team's research agenda of in-depth global macroeconomic analysis covering thematic topics, regional and country analysis, and interest rate, currency and sovereign credit market outlooks. This includes facilitating broader research efforts leveraging Franklin Templeton's local fixed income investment professionals across global markets. Dr. Ho joined Franklin Templeton Investments in 2005 after obtaining his Ph.D. at UC Berkeley. He has been a core part of the Templeton Global Macro team since 2005, working closely with Dr. Michael Hasenstab as a lead research analyst. He specializes in global macroeconomic analysis and exchange rate modeling, and has served as the lead analyst for economies in Europe, Latin America and Africa. He also has a specialization in analyzing international monetary arrangements. Dr. Ho holds both B.A. and Ph.D. in economics from University of California, Berkeley. His prior research analyzed international monetary arrangements. He is also fluent in Mandarin and Cantonese Chinese.


Tenure Analysis

Category Low

0.0

Category High

28.2

Category Average

6.74

Category Mode

4.0