SOURCE: Franklin Templeton

Franklin Templeton

September 14, 2010 10:01 ET

Templeton Releases Closed-End Funds' Portfolio Allocation Updates

FORT LAUDERDALE, FL--(Marketwire - September 14, 2010) -  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 August 31, 2010:

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

The Funds have also posted detailed portfolios holdings as of June 30, 2010 to franklintempleton.com.

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 $600 billion in assets under management as of August 31, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

TEMPLETON EMERGING MARKETS FUND
AS OF AUGUST 31, 2010
TOTAL NET ASSETS: $355,277,517
NET ASSET VALUE PER SHARE: $19.64

ASSET ALLOCATION PERCENT OF TOTAL NET ASSETS   TEN LARGEST POSITIONS PERCENT OF TOTAL NET ASSETS
CASH & OTHER 0.5%   VALE SA 6.4%
EQUITY* 99.5%   AKBANK TAS 5.9%
  100.0%   PETROLEO BRASILEIRO SA (PETROBRAS) 5.6%
      SESA GOA LTD 5.2%
      ITAU UNIBANCO HOLDING SA 4.0%
      BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD 3.8%
      BANCO BRADESCO SA 3.7%
      GUANGZHOU AUTOMOBILE GROUP CO LTD 3.5%
      DAIRY FARM INTERNATIONAL HOLDINGS LTD 3.4%
      SK ENERGY CO LTD 3.3%
        44.8%
         
INTERNATIONAL ALLOCATION PERCENT OF PORTFOLIO NET ASSETS   INDUSTRY ALLOCATION PERCENT OF PORTFOLIO NET ASSETS
ASIA 67.4%   CONSUMER DISCRETIONARY 13.1%
    CHINA 16.2%       AUTOMOBILES & COMPONENTS 10.6%
    HONG KONG 6.2%       CONSUMER DURABLES & APPAREL 2.5%
    INDIA 12.6%   CONSUMER STAPLES 5.7%
    INDONESIA 6.0%       FOOD & STAPLES RETAILING 5.3%
    PAKISTAN 2.0%       HOUSEHOLD & PERSONAL PRODUCTS 0.4%
    SOUTH KOREA 5.0%   ENERGY 28.1%
    THAILAND 10.8%   FINANCIALS 25.6%
    TURKEY 8.6%       BANKS 23.1%
EUROPE 10.5%       REAL ESTATE 2.4%
    AUSTRIA 0.8%   INDUSTRIALS 2.4%
    HUNGARY 1.2%       CAPITAL GOODS 1.4%
    POLAND 0.3%       TRANSPORTATION 1.0%
    RUSSIA 6.3%   INFORMATION TECHNOLOGY 4.2%
    UNITED KINGDOM 1.9%       SOFTWARE & SERVICES 3.1%
LATIN AMERICA 21.8%       TECHNOLOGY HARDWARE & EQUIPMENT 1.1%
    BRAZIL 19.9%   MATERIALS 20.9%
    MEXICO 1.9%   TOTAL EQUITY* 100.0%
MID-EAST/AFRICA 0.3%      
    SOUTH AFRICA 0.3%      
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 AUGUST 31, 2010
TOTAL NET ASSETS: $769,972,227
NET ASSET VALUE PER SHARE: $16.27

ASSET ALLOCATION PERCENT OF TOTAL NET ASSETS   PORTFOLIO CHARACTERISTICS  
CASH & OTHER 5.2%   WEIGHTED AVG. MATURITY 9.0717 yrs.
FIXED INCOME 94.8%   WEIGHTED AVG. DURATION 5.1908 yrs.
  100.0%   WEIGHTED AVG. COUPON 5.5024%
         
NET CURRENCY DISTRIBUTION PERCENT OF TOTAL NET ASSETS   COUNTRY DISTRIBUTION PERCENT OF TOTAL NET ASSETS
ASIA 3.3%   ASIA 17.1%
    INDO RUPIAH 9.9%       FIJI 1.6%
    JAPANESE YEN -10.1%       INDIA 0.5%
    MALAYSI RINGGIT 0.7%       INDONESIA 9.9%
    SOUTH KOREAN WON 0.8%       PAKISTAN 1.8%
    SRI LANKA RUPEE 2.1%       PHILIPPINES 0.7%
EUROPE -0.7%       SRI LANKA 2.6%
    EURO MON UNIT -1.3%   EUROPE 22.9%
    POLAND ZLOTY 0.7%       BOSNIA AND HERZEGOVINA 0.7%
LATIN AMERICA 16.6%       CROATIA 1.2%
    BRAZILIAN REAL 12.8%       CYPRUS 0.2%
    MEXICAN PESO 3.8%       GEORGIA 0.7%
MID-EAST/AFRICA 2.4%       HUNGARY 0.4%
    GHANA CEDI NEW 2.4%       KAZAKHSTAN 6.5%
NORTH AMERICA 78.3%       LITHUANIA 1.6%
    US DOLLAR 78.3%       NETHERLANDS 1.8%
TOTAL 100.0%       RUSSIA 5.2%
          UKRAINE 4.6%
      LATIN AMERICA 35.7%
          ARGENTINA 7.0%
          BRAZIL 13.4%
          COLOMBIA 1.4%
          EL SALVADOR 0.4%
          MEXICO 2.9%
          PANAMA 0.5%
          PERU 2.9%
          TRINIDAD AND TOBAGO 0.7%
          VENEZUELA 6.4%
      MID-EAST/AFRICA 11.8%
          GHANA 2.4%
          IRAQ 4.9%
          SOUTH AFRICA 2.9%
          UNITED ARAB EMIRATES 1.6%
      OTHER 10.7%
          SUPRANATIONAL 5.6%
          CASH 5.7%
          DERIVATIVES -0.6%
      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 AUGUST 31, 2010
TOTAL NET ASSETS: $1,307,344,721
NET ASSET VALUE PER SHARE: $9.94

ASSET ALLOCATION PERCENT OF TOTAL NET ASSETS   PORTFOLIO CHARACTERISTICS  
CASH & OTHER 12.4%   WEIGHTED AVG. MATURITY 7.3323 yrs.
FIXED INCOME 87.6%   WEIGHTED AVG. DURATION 4.5092 yrs.
  100.0%   WEIGHTED AVG. COUPON 6.0573%
         
NET CURRENCY DISTRIBUTION PERCENT OF TOTAL NET ASSETS   COUNTRY DISTRIBUTION PERCENT OF TOTAL NET ASSETS
ASIA 31.9%   ASIA 27.4%
    CHINESE YUAN 4.6%       INDIA 0.7%
    INDIAN RUPEE 6.5%       INDONESIA 9.3%
    INDO RUPIAH 7.1%       SOUTH KOREA 14.5%
    JAPANESE YEN -22.5%       SRI LANKA 2.2%
    MALAYSI RINGGIT 14.9%       VIETNAM 0.8%
    PHILIPPINE PESO 4.9%   AUSTRALIA/NEW ZEALAND 7.3%
    SOUTH KOREAN WON 14.2%       AUSTRALIA 7.3%
    SRI LANKA RUPEE 2.2%   EUROPE 22.3%
AUSTRALIA/NEW ZEALAND 10.5%       HUNGARY 2.3%
    AUSTRALIAN DOLLAR 10.4%       LITHUANIA 2.0%
    NEW ZEALAND DOLLAR 0.1%       NORWAY 1.2%
EUROPE -3.2%       POLAND 8.1%
    EURO MON UNIT -27.3%       RUSSIA 4.7%
    NORWEGIAN KRONE 5.9%       SWEDEN 4.0%
    POLAND ZLOTY 7.3%   LATIN AMERICA 19.4%
    SWEDISH KRONA 10.8%       ARGENTINA 1.7%
LATIN AMERICA 24.8%       BRAZIL 7.7%
    BRAZILIAN REAL 8.7%       MEXICO 4.9%
    CHILEAN PESO 7.0%       PERU 3.2%
    MEXICAN PESO 5.9%       VENEZUELA 1.8%
    PERU NUEVO SOL 3.2%   MID-EAST/AFRICA 11.2%
MID-EAST/AFRICA 9.6%       EGYPT 4.8%
    EGYPTIAN POUND 4.8%       ISRAEL 1.8%
    ISRAELI SHEKEL 4.8%       QATAR 1.0%
NORTH AMERICA 26.4%       SOUTH AFRICA 2.7%
    US DOLLAR 26.4%       UNITED ARAB EMIRATES 1.0%
TOTAL 100.0%   NORTH AMERICA 3.1%
          CANADA 0.4%
          UNITED STATES 2.7%
      OTHER 9.3%
          SUPRANATIONAL 3.5%
          CASH 3.9%
          DERIVATIVES 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.

Contact Information

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