March 19, 2012 at 12:01 PM EDT
Templeton Releases Closed-End Funds' Portfolio Allocation Updates

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

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here