Templeton Releases Closed-End Funds' Portfolio Allocation Updates
by Marketwire
FORT LAUDERDALE, FL -- (Marketwire) -- 12/21/12 -- 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 November 30, 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 $768 billion in assets under management as of November 30, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
TEMPLETON EMERGING MARKETS FUND
AS OF NOVEMBER 30, 2012
TOTAL NET ASSETS: $376,338,746
NET ASSET VALUE PER SHARE: $20.81
PERCENT PERCENT
OF TOTAL OF TOTAL
NET NET
ASSET ALLOCATION ASSETS TEN LARGEST POSITIONS ASSETS
------------------------- --------------------------------------------------
CASH & OTHER 1.5% BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD 10.2%
EQUITY* 98.5% AKBANK TAS 4.7%
--------
100.0% DAIRY FARM INTERNATIONAL HOLDINGS LTD 4.6%
PT ASTRA INTERNATIONAL TBK 4.4%
VALE SA 4.4%
TATA CONSULTANCY SERVICES LTD 4.0%
PT BNK CENTRAL ASIA TBK 3.7%
KASIKORNBANK PCL 3.6%
KIATNAKIN BANK PUBLIC CO LTD 3.5%
BANCO BRADESCO SA 3.4%
--------
46.4%
PERCENT OF PERCENT OF
INTERNATIONAL PORTFOLIO PORTFOLIO
ALLOCATION NET ASSETS INDUSTRY ALLOCATION NET ASSETS
---------------------------- ---------------------------------------------
ASIA 72.6% CONSUMER DISCRETIONARY 18.4%
---------------------------- ---------------------------------------------
CHINA 20.1% AUTOMOBILES & COMPONENTS 17.1%
HONG KONG 7.2% CONSUMER DURABLES & APPAREL 1.3%
---------------------------------------------
INDIA 9.1% CONSUMER STAPLES 7.7%
---------------------------------------------
INDONESIA 8.7% FOOD & STAPLES RETAILING 7.2%
PAKISTAN 2.3% HOUSEHOLD & PERSONAL PRODUCTS 0.5%
---------------------------------------------
SOUTH KOREA 5.3% ENERGY 25.6%
---------------------------------------------
THAILAND 12.7% FINANCIALS 25.9%
---------------------------------------------
TURKEY 7.1% BANKS 24.6%
----------------------------
EUROPE 10.2% REAL ESTATE 1.3%
---------------------------- ---------------------------------------------
AUSTRIA 0.9% INDUSTRIALS 2.4%
---------------------------------------------
HUNGARY 1.0% CAPITAL GOODS 1.7%
POLAND 0.1% TRANSPORTATION 0.7%
---------------------------------------------
RUSSIA 6.7% INFORMATION TECHNOLOGY 5.8%
---------------------------------------------
UNITED KINGDOM 1.4% SOFTWARE & SERVICES 4.0%
----------------------------
LATIN AMERICA 16.3% TECHNOLOGY HARDWARE & EQUIPMENT 1.8%
---------------------------- ---------------------------------------------
BRAZIL 13.8% MATERIALS 14.2%
---------------------------------------------
MEXICO 2.6% TOTAL EQUITY* 100.0%
---------------------------- ---------------------------------------------
MID-EAST/AFRICA 0.9%
----------------------------
JORDAN 0.3%
SOUTH AFRICA 0.6%
----------------------------
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 NOVEMBER 30, 2012
TOTAL NET ASSETS: $789,712,142
NET ASSET VALUE PER SHARE: $16.54
PERCENT OF
TOTAL NET
ASSET ALLOCATION ASSETS PORTFOLIO CHARACTERISTICS
-------------------------------------- -------------------------------------
CASH & OTHER 7.7% WEIGHTED AVG. MATURITY 7.3979 yrs.
FIXED INCOME 92.3% WEIGHTED AVG. DURATION 4.3986 yrs.
-----------
100.0% WEIGHTED AVG. COUPON 7.7331%
PERCENT OF PERCENT OF
TOTAL NET TOTAL NET
NET CURRENCY DISTRIBUTION ASSETS COUNTRY DISTRIBUTION ASSETS
------------------------------------- --------------------------------------
ASIA -2.2% ASIA 12.8%
------------------------------------- --------------------------------------
INDO RUPIAH 4.3% INDIA 0.5%
JAPANESE YEN -10.0% INDONESIA 4.3%
MALAYSI RINGGIT 0.7% SRI LANKA 3.6%
SOUTH KOREAN WON 0.8% TURKEY 3.4%
SRI LANKA RUPEE 2.0% VIETNAM 1.0%
------------------------------------- --------------------------------------
EUROPE 0.1% EUROPE 31.9%
------------------------------------- --------------------------------------
EURO MON UNIT -2.1% BOSNIA AND HERZEGOVINA 0.6%
POLAND ZLOTY 0.7% CROATIA 1.2%
SERBIAN DINAR 1.4% GEORGIA 0.5%
UKRAINE HRYVNIA 0.2% HUNGARY 2.5%
-------------------------------------
LATIN AMERICA 13.5% KAZAKHSTAN 7.9%
-------------------------------------
BRAZILIAN REAL 8.9% LATVIA 1.6%
MEXICAN PESO 4.6% LITHUANIA 0.6%
-------------------------------------
MID-EAST/AFRICA 4.4% ROMANIA 1.0%
-------------------------------------
GHANA CEDI NEW 3.3% RUSSIA 6.7%
NIGERIAN NAIRA 1.1% SERBIA 3.0%
-------------------------------------
NORTH AMERICA 84.1% UKRAINE 6.5%
------------------------------------- --------------------------------------
US DOLLAR 84.1% LATIN AMERICA 25.9%
------------------------------------- --------------------------------------
TOTAL 100.0% ARGENTINA 5.5%
-------------------------------------
BRAZIL 8.9%
COLOMBIA 0.9%
EL SALVADOR 0.4%
MEXICO 7.1%
PERU 0.3%
TRINIDAD AND TOBAGO 0.8%
VENEZUELA 1.9%
--------------------------------------
MID-EAST/AFRICA 20.3%
--------------------------------------
GHANA 5.0%
IRAQ 5.3%
NIGERIA 1.1%
SOUTH AFRICA 2.6%
UNITED ARAB EMIRATES 3.7%
ZAMBIA 2.6%
--------------------------------------
OTHER 7.3%
--------------------------------------
SUPRANATIONAL 0.7%
CASH 5.8%
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 NOVEMBER 30, 2012
TOTAL NET ASSETS: $1,261,278,039
NET ASSET VALUE PER SHARE: $9.46
PERCENT OF
TOTAL NET
ASSET ALLOCATION ASSETS PORTFOLIO CHARACTERISTICS
-------------------------------------- -------------------------------------
CASH & OTHER 10.6% WEIGHTED AVG. MATURITY 3.8022 yrs.
FIXED INCOME 89.4% WEIGHTED AVG. DURATION 2.4981 yrs.
-----------
100.0% WEIGHTED AVG. COUPON 5.4516%
PERCENT OF PERCENT OF
TOTAL NET TOTAL NET
NET CURRENCY DISTRIBUTION ASSETS COUNTRY DISTRIBUTION ASSETS
------------------------------------- --------------------------------------
ASIA 30.7% ASIA 30.7%
------------------------------------- --------------------------------------
INDIAN RUPEE 3.6% INDONESIA 4.6%
INDO RUPIAH 4.6% MALAYSIA 4.8%
JAPANESE YEN -19.2% PHILIPPINES 0.3%
MALAYSI RINGGIT 15.1% SINGAPORE 2.1%
PHILIPPINE PESO 3.6% SOUTH KOREA 15.8%
SINGAPORE DOLLAR 4.1% SRI LANKA 2.3%
SOUTH KOREAN WON 16.7% VIETNAM 0.9%
--------------------------------------
SRI LANKA RUPEE 2.3% AUSTRALIA/NEW ZEALAND 4.9%
------------------------------------- --------------------------------------
AUSTRALIA/NEW ZEALAND 4.9% AUSTRALIA 4.9%
------------------------------------- --------------------------------------
AUSTRALIAN DOLLAR 4.9% EUROPE 33.1%
------------------------------------- --------------------------------------
EUROPE -1.8% HUNGARY 3.9%
-------------------------------------
EURO MON UNIT -28.6% ICELAND 0.3%
HUNGARY FORINT 1.0% IRELAND 8.5%
NORWEGIAN KRONE 1.8% LITHUANIA 2.4%
POLAND ZLOTY 11.6% POLAND 10.8%
SWEDISH KRONA 12.4% RUSSIA 0.5%
-------------------------------------
LATIN AMERICA 28.4% SERBIA 0.5%
-------------------------------------
BRAZILIAN REAL 8.5% SLOVENIA 0.3%
CHILEAN PESO 7.4% SWEDEN 4.4%
MEXICAN PESO 8.6% UKRAINE 1.5%
--------------------------------------
PERU NUEVO SOL 3.9% LATIN AMERICA 17.9%
------------------------------------- --------------------------------------
MID-EAST/AFRICA 3.5% BRAZIL 8.5%
-------------------------------------
ISRAELI SHEKEL 3.5% MEXICO 5.0%
-------------------------------------
NORTH AMERICA 34.3% PERU 3.9%
-------------------------------------
US DOLLAR 34.3% VENEZUELA 0.5%
------------------------------------- --------------------------------------
TOTAL 100.0% MID-EAST/AFRICA 2.5%
------------------------------------- --------------------------------------
ISRAEL 2.5%
--------------------------------------
NORTH AMERICA -0.7%
--------------------------------------
UNITED STATES -0.7%
--------------------------------------
OTHER 11.6%
--------------------------------------
SUPRANATIONAL 2.4%
CASH 7.6%
DERIVATIVES 1.6%
--------------------------------------
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