SOURCE: Franklin Templeton

Franklin Templeton

December 15, 2011 11:07 ET

Templeton Releases Closed-End Fund's Portfolio Allocation Update

FORT LAUDERDALE, FL--(Marketwire - Dec 15, 2011) - The Templeton closed-end Fund referenced below, which trades on the New York Stock Exchange, today released a portfolio allocation update containing the following information as of November 30, 2011:

  • Asset Allocation
  • Ten Largest Positions
  • International Allocation
  • Industry Allocation

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

Templeton closed-end Fund:

Templeton Emerging Markets Fund (NYSE: EMF)

The Fund's investment manager, Templeton Asset Management Ltd., is an indirect, wholly owned subsidiary 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 $675 billion in assets under management as of November 30, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

TEMPLETON EMERGING MARKETS FUND
AS OF NOVEMBER 30, 2011
TOTAL NET ASSETS: $364,906,606
NET ASSET VALUE PER SHARE: $20.18


ASSET ALLOCATION
PERCENT OF TOTAL NET ASSETS

TEN LARGEST POSITIONS
PERCENT OF TOTAL NET ASSETS
CASH & OTHER 0.2% BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD 10.2%
EQUITY* 99.8% VALE SA 5.8%
100.0% PT ASTRA INTERNATIONAL TBK 4.8%
PETROLEO BRASILEIRO SA (PETROBRAS) 4.6%
AKBANK TAS 3.8%
DAIRY FARM INTERNATIONAL HOLDINGS LTD 3.8%
BK CENTRAL ASIA 3.7%
TATA CONSULTANCY SERVICES LTD 3.7%
BANCO BRADESCO SA 3.4%
PETROCHINA CO LTD 3.3%
47.1%


INTERNATIONAL ALLOCATION
PERCENT OF PORTFOLIO NET ASSETS

INDUSTRY ALLOCATION
PERCENT OF PORTFOLIO NET ASSETS
ASIA 69.0% CONSUMER DISCRETIONARY 19.7%
CHINA 21.0% AUTOMOBILES & COMPONENTS 17.8%
HONG KONG 6.3% CONSUMER DURABLES & APPAREL 2.0%
INDIA 8.9% CONSUMER STAPLES 6.6%
INDONESIA 9.0% FOOD & STAPLES RETAILING 6.0%
PAKISTAN 1.8% HOUSEHOLD & PERSONAL PRODUCTS 0.6%
SOUTH KOREA 5.7% ENERGY 27.9%
THAILAND 9.8% FINANCIALS 21.8%
TURKEY 6.5% BANKS 21.1%
EUROPE 11.1% REAL ESTATE 0.7%
AUSTRIA 0.9% INDUSTRIALS 2.1%
HUNGARY 1.0% CAPITAL GOODS 1.5%
POLAND 0.1% TRANSPORTATION 0.6%
RUSSIA 7.0% INFORMATION TECHNOLOGY 5.2%
UNITED KINGDOM 2.0% SOFTWARE & SERVICES 3.7%
LATIN AMERICA 19.3% TECHNOLOGY HARDWARE & EQUIPMENT 1.5%
BRAZIL 17.1% MATERIALS 16.7%
MEXICO 2.2% TOTAL EQUITY* 100.0%
MID-EAST/AFRICA 0.6%
SOUTH AFRICA 0.6%
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.

Contact Information

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