SOURCE: Franklin Templeton

Franklin Templeton

May 19, 2014 09:09 ET

Templeton Releases Closed-End Fund's Portfolio Allocation Update

FORT LAUDERDALE, FL--(Marketwired - May 19, 2014) - 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 April 30, 2014:

  • Asset Allocation
  • Portfolio Characteristics
  • Net Currency Distribution
  • Country Distribution

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

Templeton closed-end Fund:

Templeton Global Income Fund (NYSE: GIM)

The Fund's investment manager is a 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, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 investment teams. The San Mateo, CA-based company has more than 65 years of investment experience and over $895 billion in assets under management as of April 30, 2014. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

This press release contains statistical data regarding the Fund's portfolio. The Fund's complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Fund's Annual and Semi-Annual Report to Shareholders filed with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. For portfolio management discussions, including information regarding the Fund's investment strategies, please view the most recent Annual or Semi-Annual Report to Shareholders which can be found at franklintempleton.com or sec.gov.

 
TEMPLETON GLOBAL INCOME FUND
AS OF APRIL 30, 2014
TOTAL NET ASSETS: $1,135,858,913
NET ASSET VALUE PER SHARE: $8.47
OUTSTANDING SHARES: 134,144,158
 
ASSET ALLOCATION   PERCENT OF TOTAL NET ASSETS   PORTFOLIO CHARACTERISTICS  
CASH & OTHER   8.6%   WEIGHTED AVG. MATURITY 3.7368 yrs.
DERIVATIVES   -0.9%   WEIGHTED AVG. DURATION 2.4292 yrs.
FIXED INCOME   92.2%   WEIGHTED AVG. COUPON 5.3328%
    100.0%      
           
           
NET CURRENCY DISTRIBUTION PERCENT OF TOTAL NET ASSETS   COUNTRY DISTRIBUTION PERCENT OF TOTAL NET ASSETS
ASIA 27.6%   ASIA 31.6%
  INDIAN RUPEE 3.6%     INDONESIA 3.1%
  INDO RUPIAH 3.1%     MALAYSIA 4.2%
  JAPANESE YEN -21.5%     PHILIPPINES 0.9%
  MALAYSI RINGGIT 15.8%     SINGAPORE 2.2%
  PHILIPPINE PESO 0.9%     SOUTH KOREA 17.0%
  SOUTH KOREAN WON 18.1%     SRI LANKA 3.2%
  SINGAPORE DOLLAR 4.4%     VIETNAM 0.9%
  SRI LANKA RUPEE 3.2%   EUROPE 42.1%
EUROPE -5.1%     HUNGARY 4.8%
  EURO -31.6%     ICELAND 0.3%
  HUNGARY FORINT 1.2%     IRELAND 11.5%
  POLAND ZLOTY 13.0%     LITHUANIA 2.5%
  SWEDISH KRONA 12.2%     POLAND 12.1%
LATIN AMERICA 28.8%     RUSSIA 0.5%
  BRAZILIAN REAL 8.7%     SERBIA 0.6%
  CHILEAN PESO 7.0%     SLOVENIA 1.0%
  MEXICAN PESO 9.6%     SWEDEN 4.4%
  PERU NUEVO SOL 3.5%     UKRAINE 4.5%
NORTH AMERICA 48.7%   LATIN AMERICA 17.1%
  US DOLLAR 48.7%     BRAZIL 8.7%
TOTAL 100.0%     MEXICO 4.9%
        PERU 3.5%
      NORTH AMERICA -0.4%
        UNITED STATES -0.4%
      OTHER 9.6%
        SUPRANATIONAL 1.4%
        CASH 8.6%
        DERIVATIVES -0.5%
      TOTAL 100.0%
         

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. All investments involve risks, including possible loss of principal. Changes in interest rates will affect the value of the Fund's portfolio and its share price and yield. Bond prices generally move in the opposite direction of interest rates. Thus, as prices of bonds in the Fund adjust to a rise in interest rates, the Fund's share price may decline. Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments of countries where the Fund invests. Investments in developing markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. The Fund's use of foreign currency techniques involves special risks as such techniques may not achieve the anticipated benefits and/or may result in losses to the Fund. Also, as a nondiversified investment company, the Fund may invest in a relatively small number of issuers and, as a result, be subject to a greater risk of loss with respect to its portfolio securities. The Fund is actively managed and investment allocations can be expected to change, but there is no guarantee that the manager's investment decisions will produce the desired results. 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.

Contact Information

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