TGBAX: Templeton Global Bond Adv

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TGBAX Templeton Global Bond Adv

  • Fund
  • TGBAX
  • Price as of: Dec 10, 2019
  • $10.60
    - $0.02 - 0.19%

Profile

TGBAX - Profile

Vitals

  • YTD Return -5.8%
  • 3 Yr Annualized Return 2.1%
  • 5 Yr Annualized Return 0.7%
  • Net Assets $29.4 B
  • Holdings in Top 10 31.8%

52 WEEK LOW AND HIGH

$10.60
$10.54
$11.57

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.69%

SALES FEES

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

BROKERAGE FEES

  • Turnover 19.86%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Nontraditional Bond

Distributions

  • YTD Total Return -5.8%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.24%
DIVIDENDS
  • Dividend Yield 4.1%
  • 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
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael J. Hasenstab

Fund Description

The Templeton Global Bond Fund Advisor Class (TGBAX) is an actively managed, unconstrained global bond fund. Its wide mandate means that TGBAX’s managers can bet on any bond in any country in the world. This includes government and corporate debt from developed and emerging markets as well as local and U.S. dollar-denominated debt. TGBAX’s vast analyst team uses various fundamental credit analysis techniques to determine where to place TGBAX’s assets.

Expenses for the fund are average and as a ‘go anywhere’ fund, TGBAX makes an ideal investment paired with a broad fixed-income portfolio. The fund is managed by Franklin Advisers.


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Categories

Fund Company Quick Screens

TGBAX - Fund Company Quick Screens


Performance

TGBAX - Performance

Return Ranking - Trailing

Period TGBAX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.8% -6.1% 14.1% 99.65%
1 Yr -2.1% -8.5% 14.1% 89.61%
3 Yr 2.1%* -5.4% 5.7% 24.70%
5 Yr 0.7%* -3.9% 6.2% 30.39%
10 Yr 3.6%* -1.7% 4.8% 12.50%

* Annualized

Return Ranking - Calendar

Period TGBAX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.1% -9.2% 3.1% 66.93%
2017 -0.9% -12.3% 9.4% 90.50%
2016 3.7% -2.8% 10.7% 28.26%
2015 -7.1% -11.1% 4.8% 84.24%
2014 -5.2% -8.4% 54.9% 93.71%

Total Return Ranking - Trailing

Period TGBAX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.8% -6.1% 14.1% 99.65%
1 Yr -2.1% -8.0% 16.9% 88.89%
3 Yr 2.1%* -3.6% 8.0% 40.49%
5 Yr 0.7%* -3.9% 6.3% 54.41%
10 Yr 3.6%* -1.7% 5.2% 18.75%

* Annualized

Total Return Ranking - Calendar

Period TGBAX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.1% -9.2% 8.0% 75.98%
2017 -0.9% -3.1% 15.2% 95.87%
2016 3.7% -2.8% 17.7% 46.52%
2015 -7.1% -10.1% 5.4% 90.64%
2014 -5.2% -8.0% 55.3% 95.60%

NAV & Total Return History


Holdings

TGBAX - Holdings

Concentration Analysis

TGBAX Category Low Category High TGBAX % Rank
Net Assets 29.4 B 1.15 M 33.3 B 3.14%
Number of Holdings 250 12 4830 60.75%
Net Assets in Top 10 9.26 B -4.07 B 9.26 B 1.71%
Weighting of Top 10 31.77% 7.3% 866.9% 59.39%

Top 10 Holdings

  1. Mexico (United Mexican States) 8% 8.66%
  2. Mexico (United Mexican States) 6.5% 4.89%
  3. Brazil (Federative Republic) 9.46% 3.17%
  4. Brazil (Federative Republic) 9.46% 3.02%
  5. Secretaria Tesouro Nacional 0% 2.74%
  6. India (Republic of) 8.83% 2.24%
  7. Secretaria Tesouro Nacional 0% 1.94%
  8. Indonesia (Republic of) 9.5% 1.77%
  9. Indonesia (Republic of) 8.38% 1.69%
  10. Indonesia (Republic of) 8.38% 1.67%

Asset Allocation

Weighting Return Low Return High TGBAX % Rank
Bonds
57.16% -0.91% 255.95% 89.76%
Cash
44.87% -162.57% 75.53% 8.87%
Preferred Stocks
0.00% 0.00% 18.71% 81.57%
Other
0.00% -14.92% 111.61% 65.53%
Convertible Bonds
-0.01% -1.28% 90.21% 97.27%
Stocks
-2.02% -34.71% 18.21% 97.95%

Bond Sector Breakdown

Weighting Return Low Return High TGBAX % Rank
Government
57.44% -115.07% 398.07% 14.68%
Cash & Equivalents
44.87% -154.98% 75.49% 6.83%
Derivative
0.00% -243.52% 12.41% 47.78%
Securitized
0.00% 0.00% 175.81% 96.59%
Municipal
0.00% 0.00% 87.77% 77.47%
Corporate
-0.30% -0.30% 135.38% 100.00%

Bond Geographic Breakdown

Weighting Return Low Return High TGBAX % Rank
Non US
51.96% 0.00% 222.71% 20.14%
US
5.20% -80.91% 184.21% 88.05%

Expenses

TGBAX - Expenses

Operational Fees

TGBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% 0.20% 814.62% 90.37%
Management Fee 0.48% 0.00% 2.15% 14.90%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.00% 0.45% 78.99%

Sales Fees

TGBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.40% 6.50% N/A
Deferred Load N/A 1.00% 5.00% 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 19.86% 0.00% 2337.00% 7.50%

Distributions

TGBAX - Distributions

Dividend Yield Analysis

TGBAX Category Low Category High TGBAX % Rank
Dividend Yield 4.13% 0.00% 5.08% 3.31%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TGBAX Category Low Category High TGBAX % Rank
Net Income Ratio 5.24% 0.10% 6.40% 4.07%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

TGBAX - Fund Manager Analysis

Managers

Michael J. Hasenstab


Start Date

Tenure

Tenure Rank

Dec 31, 2001

17.93

17.9%

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

0.92

0.9%

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
0.08 24.93 5.3 1.35