FORT LAUDERDALE, FL -- (Marketwire) -- 03/19/12 -- 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 February 29, 2012:
- 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 $727 billion in assets under management as of February 29, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
TEMPLETON EMERGING MARKETS FUND
AS OF FEBRUARY 29, 2012
TOTAL NET ASSETS: $401,861,728
NET ASSET VALUE PER SHARE: $22.22
PERCENT OF PERCENT OF
TOTAL NET TOTAL NET
ASSET ASSETS TEN LARGEST POSITIONS ASSETS
ALLOCATION
------------ ----------- -------------------------------------- -----------
CASH & OTHER 0.2% BRILLIANCE CHINA AUTOMOTIVE HOLDINGS 9.2%
LTD
EQUITY* 99.8% VALE SA 5.9%
----------- PETROLEO BRASILEIRO SA (PETROBRAS) 4.8%
100.0% PT ASTRA INTERNATIONAL TBK 4.3%
DAIRY FARM INTERNATIONAL HOLDINGS LTD 4.1%
AKBANK TAS 3.9%
TATA CONSULTANCY SERVICES LTD 3.8%
ITAU UNIBANCO HOLDING SA 3.5%
PETROCHINA CO LTD 3.5%
BANCO BRADESCO SA 3.4%
-----------
46.4%
PERCENT OF PERCENT OF
PORTFOLIO PORTFOLIO
INTERNATIONAL ALLOCATION NET ASSETS INDUSTRY ALLOCATION NET ASSETS
------------------------------------ --------------------------------------
ASIA 68.3% CONSUMER DISCRETIONARY 18.4%
------------------------------------ --------------------------------------
CHINA 20.2% AUTOMOBILES & COMPONENTS 16.6%
HONG KONG 6.6% CONSUMER DURABLES & APPAREL 1.8%
INDIA 9.6% --------------------------------------
INDONESIA 7.9% CONSUMER STAPLES 7.0%
PAKISTAN 1.9% --------------------------------------
SOUTH KOREA 5.9% FOOD & STAPLES RETAILING 6.5%
THAILAND 10.4% HOUSEHOLD & PERSONAL PRODUCTS 0.5%
TURKEY 6.0% --------------------------------------
------------------------------------ ENERGY 27.5%
EUROPE 11.2% --------------------------------------
------------------------------------ FINANCIALS 22.0%
AUSTRIA 0.9% --------------------------------------
HUNGARY 1.0% BANKS 21.2%
POLAND 0.2% REAL ESTATE 0.8%
RUSSIA 7.0% --------------------------------------
UNITED KINGDOM 2.1% INDUSTRIALS 2.6%
------------------------------------ --------------------------------------
LATIN AMERICA 19.9% CAPITAL GOODS 1.9%
------------------------------------ TRANSPORTATION 0.7%
BRAZIL 17.6% --------------------------------------
MEXICO 2.3% INFORMATION TECHNOLOGY 5.4%
------------------------------------ --------------------------------------
MID-EAST/AFRICA 0.6% SOFTWARE & SERVICES 3.8%
------------------------------------ TECHNOLOGY HARDWARE & 1.6%
SOUTH AFRICA 0.6% EQUIPMENT
------------------------------------ --------------------------------------
TOTAL EQUITY* 100.0% MATERIALS 17.1%
------------------------------------ --------------------------------------
TOTAL EQUITY* 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. Since markets can go up and down, 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. 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 Reports 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.
* EQUITY INCLUDES CONVERTIBLE AND PREFERRED SECURITIES.
TEMPLETON EMERGING MARKETS INCOME FUND
AS OF FEBRUARY 29, 2012
TOTAL NET ASSETS: $764,433,456
NET ASSET VALUE PER SHARE: $16.03
PERCENT OF
TOTAL NET
ASSET ALLOCATION ASSETS PORTFOLIO CHARACTERISTICS
---------------- ------------ -------------------------------- ------------
CASH & OTHER 5.7% WEIGHTED AVG. MATURITY 7.7681 yrs.
FIXED INCOME 94.3% WEIGHTED AVG. DURATION 4.7104 yrs.
------------ WEIGHTED AVG. COUPON 7.8028%
100.0%
PERCENT OF PERCENT OF
TOTAL NET TOTAL NET
NET CURRENCY DISTRIBUTION ASSETS COUNTRY DISTRIBUTION ASSETS
------------------------------------- -------------------------------------
ASIA 1.0% ASIA 14.9%
------------------------------------- -------------------------------------
INDO RUPIAH 7.9% INDIA 0.5%
JAPANESE YEN -10.5% INDONESIA 7.9%
MALAYSI RINGGIT 0.7% SRI LANKA 2.6%
SOUTH KOREAN WON 0.8% TURKEY 2.9%
SRI LANKA RUPEE 2.2% VIETNAM 1.0%
------------------------------------- -------------------------------------
EUROPE 3.0% EUROPE 33.4%
------------------------------------- -------------------------------------
EURO MON UNIT -1.0% BOSNIA AND HERZEGOVINA 0.7%
POLAND ZLOTY 0.7% CROATIA 1.0%
UKRAINE HRYVNIA 3.3% CYPRUS 0.2%
-------------------------------------
LATIN AMERICA 14.4% GEORGIA 0.4%
-------------------------------------
BRAZILIAN REAL 9.7% HUNGARY 2.3%
MEXICAN PESO 4.7% KAZAKHSTAN 7.6%
-------------------------------------
MID-EAST/AFRICA 2.8% LATVIA 1.5%
-------------------------------------
GHANA CEDI NEW 2.8% LITHUANIA 1.6%
-------------------------------------
NORTH AMERICA 78.7% SERBIA 1.5%
-------------------------------------
US DOLLAR 78.7% ROMANIA 1.0%
-------------------------------------
TOTAL 100.0% RUSSIA 6.5%
-------------------------------------
UKRAINE 9.0%
-------------------------------------
LATIN AMERICA 28.4%
-------------------------------------
ARGENTINA 8.7%
BRAZIL 9.7%
COLOMBIA 0.9%
EL SALVADOR 0.4%
MEXICO 5.7%
PERU 0.4%
TRINIDAD AND TOBAGO 0.8%
VENEZUELA 1.9%
-------------------------------------
MID-EAST/AFRICA 15.1%
-------------------------------------
GHANA 4.7%
IRAQ 4.5%
SOUTH AFRICA 2.6%
UNITED ARAB EMIRATES 3.3%
-------------------------------------
OTHER 6.3%
-------------------------------------
SUPRANATIONAL 0.6%
CASH 4.9%
DERIVATIVES 0.8%
-------------------------------------
NORTH AMERICA 1.8%
-------------------------------------
UNITED STATES 1.8%
-------------------------------------
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. Since markets can go up and down, 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. 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 Reports 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 FEBRUARY 29, 2012
TOTAL NET ASSETS: $1,238,432,104
NET ASSET VALUE PER SHARE: $9.32
PERCENT OF
TOTAL NET
ASSET ALLOCATION ASSETS PORTFOLIO CHARACTERISTICS
---------------- ------------ -------------------------------- ------------
CASH & OTHER 7.1% WEIGHTED AVG. MATURITY 4.1977 yrs.
FIXED INCOME 92.9% WEIGHTED AVG. DURATION 2.7572 yrs.
------------ WEIGHTED AVG. COUPON 5.6182%
100.0%
PERCENT OF PERCENT OF
TOTAL NET TOTAL NET
NET CURRENCY DISTRIBUTION ASSETS COUNTRY DISTRIBUTION ASSETS
------------------------------------- -------------------------------------
ASIA 34.1% ASIA 33.8%
------------------------------------- -------------------------------------
INDIAN RUPEE 4.0% INDONESIA 8.3%
INDO RUPIAH 8.3% MALAYSIA 4.9%
JAPANESE YEN -19.9% PHILIPPINES 0.1%
MALAYSI RINGGIT 14.4% SINGAPORE 2.1%
PHILIPPINE PESO 4.5% SOUTH KOREA 15.2%
SINGAPORE DOLLAR 4.1% SRI LANKA 2.4%
SOUTH KOREAN WON 16.3% VIETNAM 0.8%
-------------------------------------
SRI LANKA RUPEE 2.4% AUSTRALIA/NEW ZEALAND 9.4%
------------------------------------- -------------------------------------
AUSTRALIA/NEW ZEALAND 12.9% AUSTRALIA 9.4%
------------------------------------- -------------------------------------
AUSTRALIAN DOLLAR 12.9% EUROPE 27.2%
------------------------------------- -------------------------------------
EUROPE 3.0% HUNGARY 3.5%
-------------------------------------
BRITISH POUND 6.7% IRELAND 3.7%
EURO MON UNIT -33.9% LITHUANIA 2.2%
HUNGARY FORINT 0.9% POLAND 11.0%
NORWEGIAN KRONE 6.4% RUSSIA 0.6%
POLAND ZLOTY 10.2% SWEDEN 4.7%
SWEDISH KRONA 12.8% UNITED KINGDOM 1.5%
------------------------------------- -------------------------------------
LATIN AMERICA 26.3% LATIN AMERICA 18.4%
------------------------------------- -------------------------------------
BRAZILIAN REAL 9.1% ARGENTINA 1.0%
CHILEAN PESO 7.5% BRAZIL 9.1%
MEXICAN PESO 6.2% MEXICO 4.3%
PERU NUEVO SOL 3.5% PERU 3.5%
-------------------------------------
MID-EAST/AFRICA 5.1% VENEZUELA 0.5%
------------------------------------- -------------------------------------
ISRAELI SHEKEL 5.1% MID-EAST/AFRICA 2.6%
------------------------------------- -------------------------------------
NORTH AMERICA 18.7% ISRAEL 2.6%
------------------------------------- -------------------------------------
US DOLLAR 18.7% NORTH AMERICA -0.4%
------------------------------------- -------------------------------------
TOTAL 100.0% UNITED STATES -0.4%
------------------------------------- -------------------------------------
OTHER 8.9%
-------------------------------------
SUPRANATIONAL 2.2%
CASH 4.5%
DERIVATIVES 2.2%
-------------------------------------
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. Since markets can go up and down, 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. 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 Reports 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.
For more information, please contact
Franklin Templeton Investments
1-800-342-5236