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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$8.07

$7.22 B

3.78%

$0.31

0.97%

Vitals

YTD Return

2.3%

1 yr return

-8.4%

3 Yr Avg Return

-8.7%

5 Yr Avg Return

-7.7%

Net Assets

$7.22 B

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$8.1
$7.19
$8.92

Expenses

OPERATING FEES

Expense Ratio 0.97%

SALES FEES

Front Load 3.75%

Deferred Load N/A

TRADING FEES

Turnover 28.44%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$8.07

$7.22 B

3.78%

$0.31

0.97%

TPINX - Profile

Distributions

  • YTD Total Return 2.3%
  • 3 Yr Annualized Total Return -8.7%
  • 5 Yr Annualized Total Return -7.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.51%
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Templeton Global Bond Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Sep 18, 1986
  • Shares Outstanding
    366759210
  • Share Class
    A
  • 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.” Under normal market conditions, the Fund seeks to maintain a positive overall portfolio duration. For purposes of the Fund’s 80% policy, bonds include derivative instruments or other investments that have economic characteristics similar to bonds. Bonds include debt obligations of any maturity, such as bonds, notes, bills and debentures.

The Fund invests predominantly in bonds issued by governments, government-related entities and government agencies located around the world. Bonds may be denominated and issued in the local currency or in another currency. The Fund may also invest in securities or structured products that are linked to or derive their value from another security, asset or currency of any nation. In addition, the Fund’s assets are invested in issuers located in at least three countries (including the U.S.). The Fund may invest without limit in developing markets.

The Fund is a "non-diversified" fund, which means it generally invests a greater portion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified fund.

Although the Fund may buy bonds rated in any category, it focuses on "investment grade" bonds. These are issues rated in the top four rating categories by at least one independent rating agency, such as S&P Global Ratings (S&P®) or Moody's Investors Service (Moody's) or, if unrated, determined by the Fund's investment manager to be of comparable quality. 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. Generally, lower rated securities pay higher yields than more highly rated securities to compensate investors for the higher risk. The Fund may invest in debt securities of any maturity, and the average maturity of debt securities in the Fund’s portfolio will fluctuate depending on the investment manager’s outlook on changing market, economic, and political conditions.

For purposes of pursuing its investment goals, the Fund regularly enters into various currency related transactions involving derivative instruments, principally

currency and cross currency forwards, but it may also use currency and currency index futures contracts and currency options. The Fund maintains extensive positions in currency related derivative instruments as a hedging technique or to implement a currency investment strategy, which could expose a large amount of the Fund’s assets to obligations under these instruments. The results of such transactions may represent, from time to time, a large component of the Fund’s investment returns. The use of these derivative transactions may allow the Fund to obtain net long or net negative (short) exposure to selected currencies. The Fund may also enter into various other transactions involving derivatives, including interest rate/bond futures and swap agreements (which may include interest rate and credit default swaps). These derivative instruments may be used for hedging purposes, to enhance returns, or to obtain net long or net negative (short) exposure to selected, interest rates, countries, durations or credit risks.

When choosing investments for the Fund, the investment manager allocates the Fund's assets based upon its assessment of changing market, political and economic conditions. It considers various factors, including evaluation of interest rates, currency exchange rate changes and credit risks. The investment manager may consider selling a security when it believes the security has become fully valued due to either its price appreciation or changes in the issuer's fundamentals, or when the investment manager believes another security is a more attractive investment opportunity.

The Fund may, at times, maintain a large position in cash and cash equivalents (including money market funds).

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TPINX - Performance

Return Ranking - Trailing

Period TPINX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% -59.5% 0.9% 14.56%
1 Yr -8.4% -15.5% 19.7% 5.29%
3 Yr -8.7%* -4.3% 4.2% 96.02%
5 Yr -7.7%* -2.5% 4.1% 96.81%
10 Yr -5.0%* -3.0% 2.7% 57.14%

* Annualized

Return Ranking - Calendar

Period TPINX Return Category Return Low Category Return High Rank in Category (%)
2022 -10.7% -15.2% 0.9% 86.50%
2021 -5.0% -10.9% 12.2% 97.42%
2020 -2.9% -10.8% 14.8% 97.92%
2019 -1.3% -15.3% 0.6% 56.07%
2018 -1.0% -44.4% 14.4% 96.93%

Total Return Ranking - Trailing

Period TPINX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% -59.5% 0.9% 9.71%
1 Yr -8.4% -16.6% 30.5% 25.12%
3 Yr -8.7%* -5.2% 10.9% 99.52%
5 Yr -7.7%* -2.8% 7.4% 99.48%
10 Yr -5.0%* -3.0% 3.6% 69.61%

* Annualized

Total Return Ranking - Calendar

Period TPINX Return Category Return Low Category Return High Rank in Category (%)
2022 -10.7% -15.2% 0.9% 86.50%
2021 -5.0% -10.9% 12.2% 97.42%
2020 -2.9% -10.8% 14.8% 98.96%
2019 -1.3% -15.3% 3.8% 70.52%
2018 -1.0% -44.4% 14.4% 98.16%

NAV & Total Return History


TPINX - Holdings

Concentration Analysis

TPINX Category Low Category High TPINX % Rank
Net Assets 7.22 B 74.5 K 14.7 B 9.80%
Number of Holdings 254 4 4562 64.93%
Net Assets in Top 10 3.36 B -112 M 3.66 B 0.47%
Weighting of Top 10 N/A 4.7% 100.0% 36.06%

Top 10 Holdings

  1. Franklin IFT Money Market 20.36%
  2. United States Treasury Notes 2.625% 17.03%
  3. Secretaria Tesouro Nacional 0% 15.48%
  4. Bank of Korea 0.905% 14.39%
  5. Norway (Kingdom Of) 3% 12.91%
  6. Singapore (Republic of) 0% 12.49%
  7. Singapore (Republic of) 0% 12.49%
  8. Singapore (Republic of) 0% 12.49%
  9. Singapore (Republic of) 0% 12.49%
  10. Singapore (Republic of) 0% 12.49%

Asset Allocation

Weighting Return Low Return High TPINX % Rank
Bonds
254.55% 0.00% 220.33% 69.19%
Stocks
0.00% 0.00% 7.47% 51.66%
Preferred Stocks
0.00% 0.00% 2.87% 33.18%
Other
0.00% -9.71% 100.00% 35.07%
Convertible Bonds
0.00% 0.00% 11.19% 89.10%
Cash
-154.55% -130.07% 95.62% 22.75%

Bond Sector Breakdown

Weighting Return Low Return High TPINX % Rank
Government
51.39% 0.30% 99.47% 51.44%
Derivative
39.38% 0.00% 74.77% 7.69%
Cash & Equivalents
9.24% 0.00% 95.62% 42.31%
Securitized
0.00% 0.00% 52.02% 88.46%
Corporate
0.00% 0.00% 98.62% 93.75%
Municipal
0.00% 0.00% 7.95% 53.85%

Bond Geographic Breakdown

Weighting Return Low Return High TPINX % Rank
Non US
214.31% 0.00% 112.80% 29.86%
US
40.24% -5.52% 107.53% 61.14%

TPINX - Expenses

Operational Fees

TPINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.02% 3.65% 41.15%
Management Fee 0.49% 0.00% 2.08% 24.88%
12b-1 Fee 0.25% 0.00% 1.00% 22.22%
Administrative Fee 0.15% 0.01% 0.45% 60.00%

Sales Fees

TPINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 0.00% 5.00% 48.57%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

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

TPINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.44% 6.00% 354.00% 9.47%

TPINX - Distributions

Dividend Yield Analysis

TPINX Category Low Category High TPINX % Rank
Dividend Yield 3.78% 0.00% 17.40% 41.23%

Dividend Distribution Analysis

TPINX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

TPINX Category Low Category High TPINX % Rank
Net Income Ratio 4.51% -1.08% 5.77% 3.92%

Capital Gain Distribution Analysis

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

Distributions History

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TPINX - Fund Manager Analysis

Managers

Michael Hasenstab


Start Date

Tenure

Tenure Rank

Dec 31, 2001

20.43

20.4%

Michael Hasenstab, Ph.D., has been a lead portfolio manager of Franklin Templeton which he first joined in 1995, rejoining again in 2001 after a three-year leave to obtain his Ph.D.. He was 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 at Australian National University.

Calvin Ho


Start Date

Tenure

Tenure Rank

Dec 31, 2018

3.42

3.4%

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
0.02 28.31 6.8 3.67