SOURCE: Franklin Templeton

Franklin Templeton

December 18, 2009 10:39 ET

Templeton Releases Closed-End Funds' Portfolio Allocation Updates

FORT LAUDERDALE, FL--(Marketwire - December 18, 2009) -  The Templeton closed-end Funds referenced below, which trade on the New York Stock Exchange, today released portfolio allocation updates containing the following information as of November 30, 2009:

  • Asset Allocation
  • Ten Largest Positions/Portfolio Characteristics
  • International Allocation/Net Currency Distribution
  • Industry Allocation/Country Distribution

To obtain a copy of the updates, please contact Fund Information at 1-800-342-5236.

Templeton closed-end Funds:

  Templeton Emerging Markets Fund (NYSE: EMF)
  Templeton Emerging Markets Income Fund (NYSE: TEI)
  Templeton Global Income Fund (NYSE: GIM)

The Funds' investment managers are subsidiaries of Franklin Resources, Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $539 billion in assets under management as of November 30, 2009. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

 
 
TEMPLETON EMERGING MARKETS FUND
AS OF NOVEMBER 30, 2009
TOTAL NET ASSETS: $345,158,184
NET ASSET VALUE PER SHARE: $19.10
ASSET ALLOCATION PERCENT OF TOTAL NET ASSETS   TEN LARGEST POSITIONS PERCENT OF TOTAL NET ASSETS
CASH & OTHER 0.2 %   PETROLEO BRASILEIRO SA (PETROBRAS) 8.8 %
EQUITY* 99.8 %   VALE SA 6.9 %
  100.0 %   SESA GOA LTD 6.2 %
        AKBANK TAS 4.6 %
        ITAU UNIBANCO HOLDING SA 4.3 %
        PETROCHINA CO LTD 4.2 %
        DENWAY MOTORS LTD 3.9 %
        BANCO BRADESCO SA 3.8 %
        ALUMINUM CORP OF CHINA LTD 3.1 %
        SK ENERGY CO LTD 3.0 %
          48.8 %
INTERNATIONAL ALLOCATION PERCENT OF PORTFOLIO NET ASSETS   INDUSTRY ALLOCATION PERCENT OF PORTFOLIO NET ASSETS
ASIA 61.7 %   CONSUMER DISCRETIONARY 11.0 %
  CHINA 17.3 %     AUTOMOBILES & COMPONENTS 9.1 %
  HONG KONG 5.2 %     CONSUMER DURABLES & APPAREL 2.0 %
  INDIA 12.9 %   CONSUMER STAPLES 5.3 %
  INDONESIA 4.4 %     FOOD & STAPLES RETAILING 4.7 %
  PAKISTAN 1.7 %     HOUSEHOLD & PERSONAL PRODUCTS 0.6 %
  SOUTH KOREA 5.5 %   ENERGY 31.3 %
  THAILAND 7.9 %   FINANCIALS 21.6 %
  TURKEY 6.7 %     BANKS 18.3 %
EUROPE 12.6 %     DIVERSIFIED FINANCIALS 1.8 %
  AUSTRIA 1.1 %     REAL ESTATE 1.5 %
  HUNGARY 1.2 %   INDUSTRIALS 2.9 %
  POLAND 0.3 %     CAPITAL GOODS 1.9 %
  RUSSIA 7.6 %     TRANSPORTATION 1.0 %
  UNITED KINGDOM 2.4 %   INFORMATION TECHNOLOGY 3.8 %
LATIN AMERICA 25.6 %       SOFTWARE & SERVICES 2.7 %
  BRAZIL 23.8 %       TECHNOLOGY HARDWARE & EQUIPMENT 1.1 %
  MEXICO 1.8 %   MATERIALS 22.9 %
MID-EAST/AFRICA 0.1 %   TELECOMMUNICATION SERVICES 1.1 %
  SOUTH AFRICA 0.1 %   TOTAL EQUITY* 100.0 %
TOTAL EQUITY* 100.0 %        

You may request a copy of the Fund's current Report to Shareholders by contacting Fund Information at 1-800/DIAL BEN® (1-800-342-5236). Since markets can go down as well as up, investment return and principal value will fluctuate with market conditions, currency volatility, and the economic, social and political climates of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. You may have a gain or loss when you sell your shares. The industry allocation uses MSCI's industry definitions for the convenience of comparison. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy. The Fund's portfolio is actively managed and investment allocations can be expected to change.

* EQUITY INCLUDES CONVERTIBLE AND PREFERRED SECURITIES.

 
TEMPLETON EMERGING MARKETS INCOME FUND
AS OF NOVEMBER 30, 2009
TOTAL NET ASSETS: $703,824,142
NET ASSET VALUE PER SHARE: $14.87
ASSET ALLOCATION PERCENT OF TOTAL NET ASSETS   PORTFOLIO CHARACTERISTICS  
CASH & OTHER 1.1 %   WEIGHTED AVG. CREDIT QUALITY BB+  
FIXED INCOME 98.9 %   WEIGHTED AVG. MATURITY 9.23 yrs.  
  100.0 %   WEIGHTED AVG. DURATION 5.639 yrs.  
        WEIGHTED AVG. COUPON 6.287 %
             
NET CURRENCY DISTRIBUTION   PERCENT OF TOTAL NET ASSETS     COUNTRY DISTRIBUTION   PERCENT OF TOTAL NET ASSETS
ASIA 14.9 %   ASIA 20.5 %
  INDO RUPIAH 11.3 %     FIJI 1.8 %
  MALAYSI RINGGIT 0.7 %     INDIA 1.5 %
  SOUTH KOREAN WON 0.9 %     INDONESIA 11.3 %
  SRI LANKA RUPEE 2.1 %     PAKISTAN 1.9 %
EUROPE 0.2 %     PHILIPPINES 0.7 %
  EURO MON UNIT -0.6 %     SOUTH KOREA 0.9 %
  POLAND ZLOTY 0.8 %     SRI LANKA 2.6 %
LATIN AMERICA 15.1 %   EUROPE 25.7 %
  BRAZILIAN REAL 13.1 %     BOSNIA AND HERZEGOVINA 1.0 %
  MEXICAN PESO 1.6 %     CROATIA 1.2 %
  PERU NUEVO SOL 0.3 %     GEORGIA 1.0 %
MID-EAST/AFRICA 1.0 %     HUNGARY 0.5 %
  GHANA CEDI NEW 1.0 %     KAZAKHSTAN 6.3 %
NORTH AMERICA 68.8 %     LITHUANIA 1.1 %
  US DOLLAR 68.8 %     NETHERLANDS 1.8 %
TOTAL 100.0 %     POLAND 0.8 %
          RUSSIA 7.8 %
          UKRAINE 4.1 %
        LATIN AMERICA 36.7 %
          ARGENTINA 9.6 %
          BRAZIL 13.8 %
          COLOMBIA 1.4 %
          EL SALVADOR 0.4 %
          MEXICO 2.6 %
          PANAMA 0.5 %
          PERU 2.9 %
          TRINIDAD AND TOBAGO 0.8 %
          VENEZUELA 4.7 %
        MID-EAST/AFRICA 8.4 %
          GHANA 0.8 %
          IRAQ 4.7 %
          SOUTH AFRICA 2.0 %
          UNITED ARAB EMIRATES 0.9 %
        OTHER 6.8 %
          SUPRANATIONAL 5.5 %
          CASH 1.4 %
        NORTH AMERICA 1.9 %
          UNITED STATES 1.9 %
        TOTAL 100.0 %

You may request a copy of the Fund's current Report to Shareholders by contacting Fund Information at 1-800/DIAL BEN® (1-800-342-5236). Since markets can go down as well as up, investment return and principal value will fluctuate with market conditions, currency volatility, and the economic, social and political climates of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. You may have a gain or loss when you sell your shares. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy. The weightings do not include the impact of currency forwards within the country weightings. The Fund's portfolio is actively managed and investment allocations can be expected to change.

 
TEMPLETON GLOBAL INCOME FUND
AS OF NOVEMBER 30, 2009
TOTAL NET ASSETS: $1,212,119,867
NET ASSET VALUE PER SHARE: $9.23
 
ASSET ALLOCATION PERCENT OF TOTAL NET ASSETS   PORTFOLIO CHARACTERISTICS  
CASH & OTHER -1.0 %   WEIGHTED AVG. CREDIT QUALITY A-  
FIXED INCOME 101.0 %   WEIGHTED AVG. MATURITY 8.30 yrs.  
  100.0 %   WEIGHTED AVG. DURATION 5.885 yrs.  
        WEIGHTED AVG. COUPON 6.820 %
NET CURRENCY DISTRIBUTION   PERCENT OF TOTAL NET ASSETS     COUNTRY DISTRIBUTION   PERCENT OF TOTAL NET ASSETS
ASIA 43.5 %   ASIA 29.0 %
    CHINESE YUAN 6.5 %       INDONESIA 10.4 %
    INDIAN RUPEE 6.5 %       PHILIPPINES 0.1 %
    INDO RUPIAH 8.6 %       SOUTH KOREA 16.4 %
    JAPANESE YEN -15.2 %       SRI LANKA 2.1 %
    MALAYSI RINGGIT 14.9 %   AUSTRALIA/NEW ZEALAND 10.0 %
    PHILIPPINE PESO 5.1 %       AUSTRALIA 8.9 %
    SOUTH KOREAN WON 14.9 %       NEW ZEALAND 1.1 %
    SRI LANKA RUPEE 2.1 %   EUROPE 25.5 %
AUSTRALIA/NEW ZEALAND -3.1 %       HUNGARY 2.6 %
    AUSTRALIAN DOLLAR 8.5 %       LITHUANIA 1.3 %
    NEW ZEALAND DOLLAR -11.6 %       NORWAY 1.5 %
EUROPE 9.2 %       POLAND 9.3 %
    EURO MON UNIT -19.1 %       RUSSIA 4.9 %
    NORWEGIAN KRONE 7.1 %       SWEDEN 5.9 %
    POLAND ZLOTY 8.7 %   LATIN AMERICA 21.3 %
    SWEDISH KRONA 12.6 %       ARGENTINA 2.6 %
LATIN AMERICA 19.3 %       BRAZIL 7.7 %
    BRAZILIAN REAL 9.0 %       MEXICO 4.9 %
    CHILEAN PESO 5.2 %       PERU 3.5 %
    MEXICAN PESO 1.6 %       VENEZUELA 2.6 %
    PERU NUEVO SOL 3.5 %   MID-EAST/AFRICA 4.6 %
MID-EAST/AFRICA 2.4 %       QATAR 1.0 %
    ISRAELI SHEKEL 2.4 %       SOUTH AFRICA 2.7 %
NORTH AMERICA 28.6 %       UNITED ARAB EMIRATES 0.9 %
    US DOLLAR 28.6 %   NORTH AMERICA 5.4 %
TOTAL 100.0 %       CANADA 1.4 %
            UNITED STATES 3.9 %
        OTHER 4.2 %
            SUPRANATIONAL 4.6 %
            CASH 0.3 %
            DERIVATIVES -0.8 %
        TOTAL 100.0 %

You may request a copy of the Fund's current Report to Shareholders by contacting Fund Information at 1-800/DIAL BEN® (1-800-342-5236). Since markets can go down as well as up, investment return and principal value will fluctuate with market conditions, currency volatility, and the economic, social and political climates of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. You may have a gain or loss when you sell your shares. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy. The weightings do not include the impact of currency forwards within the country weightings. The Fund's portfolio is actively managed and investment allocations can be expected to change.

Contact Information

  • For more information, please contact
    Franklin Templeton Investments
    1-800-342-5236