TGBAX: Templeton Global Bond Fund - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

TGBAX - Snapshot

Vitals

  • YTD Return -8.6%
  • 3 Yr Annualized Return -1.3%
  • 5 Yr Annualized Return 1.1%
  • Net Assets $16.7 B
  • Holdings in Top 10 50.1%

52 WEEK LOW AND HIGH

$9.74
$9.70
$10.67

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.67%

SALES FEES

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

BROKERAGE FEES

  • Turnover 32.63%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Compare TGBAX to Popular Bond Sector Diversified Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$11.97

+0.08%

$125.30 B

5.18%

$0.62

-0.58%

-

$10.29

+0.20%

$32.69 B

2.74%

$0.28

3.21%

-

$8.27

0.00%

$18.52 B

3.78%

$0.31

1.72%

-

$9.80

+0.10%

$16.74 B

5.23%

$0.51

-8.58%

-

$12.67

0.00%

$14.90 B

2.09%

$0.26

3.18%

-

TGBAX - Profile

Distributions

  • YTD Total Return -8.6%
  • 3 Yr Annualized Total Return -1.3%
  • 5 Yr Annualized Total Return 1.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.52%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Templeton Global Bond Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Jan 02, 1997
  • Shares Outstanding
    828668821
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Hasenstab

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets in "bonds." Bonds include debt obligations of any maturity, such as bonds, notes, bills and debentures. It invests predominantly in bonds issued by governments, government-related entities and government agencies located around the world. The fund may invest up to 25% of its total assets in bonds that are rated below investment grade or, if unrated determined by the investment manager to be of comparable quality. It is non-diversified.


TGBAX - Performance

Return Ranking - Trailing

Period TGBAX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.6% -39.7% 308.9% 93.56%
1 Yr -3.0% -30.8% 18.8% 87.57%
3 Yr -1.3%* -12.3% 7.8% 95.56%
5 Yr 1.1%* -15.6% 10.7% 94.44%
10 Yr 2.1%* -1.7% 11.6% 87.38%

* Annualized

Return Ranking - Calendar

Period TGBAX Return Category Return Low Category Return High Rank in Category (%)
2019 -5.2% -35.1% 15.3% 99.69%
2018 -5.1% -48.0% 3.1% 49.32%
2017 -0.9% -14.8% 11.2% 92.00%
2016 3.7% -11.2% 10.7% 38.42%
2015 -7.1% -51.1% 4.8% 80.62%

Total Return Ranking - Trailing

Period TGBAX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.6% -39.7% 308.9% 93.56%
1 Yr -3.0% -33.3% 18.8% 83.08%
3 Yr -1.3%* -14.0% 7.8% 94.60%
5 Yr 1.1%* -16.6% 10.7% 93.06%
10 Yr 2.1%* -1.7% 11.6% 85.49%

* Annualized

Total Return Ranking - Calendar

Period TGBAX Return Category Return Low Category Return High Rank in Category (%)
2019 -5.2% -35.1% 15.3% 99.69%
2018 -5.1% -48.0% 8.0% 63.56%
2017 -0.9% -14.8% 15.2% 95.09%
2016 3.7% -11.2% 17.7% 52.90%
2015 -7.1% -51.1% 5.4% 87.00%

NAV & Total Return History


TGBAX - Holdings

Concentration Analysis

TGBAX Category Low Category High TGBAX % Rank
Net Assets 16.7 B 1.11 M 125 B 3.76%
Number of Holdings 195 3 7722 72.98%
Net Assets in Top 10 8.41 B -3.27 B 29.7 B 1.67%
Weighting of Top 10 50.14% 4.9% 100.0% 21.19%

Top 10 Holdings

  1. United States Treasury Notes 1.75% 13.68%
  2. Mexico (United Mexican States) 6.75% 8.07%
  3. Franklin IFT Money Market 6.34%
  4. Mexico (United Mexican States) 6.5% 4.75%
  5. Japan (Government Of) 0% 4.60%
  6. Brazil (Federative Republic) 9.61% 3.41%
  7. United States Treasury Notes 1.5% 3.23%
  8. The Republic of Korea 1.38% 3.07%
  9. Indonesia (Republic of) 9.5% 3.04%
  10. United States Treasury Notes 2.62% 2.78%

Asset Allocation

Weighting Return Low Return High TGBAX % Rank
Bonds
82.52% -262.75% 322.42% 72.99%
Cash
17.15% -229.11% 362.75% 13.65%
Other
0.32% -25.82% 100.67% 21.87%
Stocks
0.00% -65.68% 166.80% 93.21%
Preferred Stocks
0.00% 0.00% 28.10% 97.21%
Convertible Bonds
0.00% 0.00% 160.39% 99.03%

Bond Sector Breakdown

Weighting Return Low Return High TGBAX % Rank
Government
82.77% 0.00% 98.23% 0.97%
Cash & Equivalents
17.19% 0.00% 100.00% 19.08%
Corporate
0.05% 0.00% 99.15% 95.26%
Derivative
0.00% 0.00% 68.37% 96.94%
Securitized
0.00% 0.00% 98.91% 99.44%
Municipal
0.00% 0.00% 41.64% 95.82%

Bond Geographic Breakdown

Weighting Return Low Return High TGBAX % Rank
Non US
54.48% -91.99% 135.29% 5.71%
US
28.04% -262.75% 231.38% 89.28%

TGBAX - Expenses

Operational Fees

TGBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.67% 0.01% 24.26% 86.09%
Management Fee 0.48% 0.00% 2.25% 20.40%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.70% 77.59%

Sales Fees

TGBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 6.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

TGBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% N/A

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.

TGBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.63% 0.00% 493.00% 17.00%

TGBAX - Distributions

Dividend Yield Analysis

TGBAX Category Low Category High TGBAX % Rank
Dividend Yield 0.00% 0.00% 6.12% 95.37%

Dividend Distribution Analysis

TGBAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

TGBAX Category Low Category High TGBAX % Rank
Net Income Ratio 5.52% -1.55% 18.14% 6.34%

Capital Gain Distribution Analysis

TGBAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

TGBAX - Fund Manager Analysis

Managers

Michael Hasenstab


Start Date

Tenure

Tenure Rank

Dec 31, 2001

18.85

18.9%

Michael Hasenstab, Ph.D., is EVP and CIO for Templeton Global Macro, responsible for global macroeconomic and country-specific analysis, and interest rate, currency and sovereign credit market outlooks. He is an economic advisor to the CEO of Franklin Resources, Inc., providing perspective and insight through the lens of Templeton Global Macro.Dr. Hasenstab holds a Ph.D. in economics from the Asia Pacific School of Economics and Management at Australian National University, a master's degree in economics of development from the Australian National University, and a B.A. from Carleton College

Calvin Ho


Start Date

Tenure

Tenure Rank

Dec 31, 2018

1.84

1.8%

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. 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. Dr. Ho holds both B.A. and Ph.D. in economics from University of California, Berkeley.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 29.48 5.39 1.84
Continue to site >
Trending ETFs