Morningstar

Templeton Global Bond Enhanced Fund Class R6 FTTRX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 6.95  /  +0.43 %
  • Total Assets 212.5M
  • Adj. Expense Ratio
    0.820%
  • Expense Ratio 0.790%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Large
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 7.63%
  • Effective Duration 4.17 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FTTRX

Will FTTRX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FTTRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FTTRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FTTRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Big bets, thin safety net.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

Team expertise and experience informs the flexible macro-focused approach of this strategy (now called Templeton Global Bond Enhanced in the US and still known as Templeton Global Total Return in Europe), but risk management concerns overshadow its strengths.

by Saraja Samant
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Portfolio Holdings FTTRX

More FTTRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 43.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Malaysia (Government Of) 3.899%

9.41 20M
Government

FX Forward - Leg for the Currency being Received Purchased

9.24 20M
Derivative

FX Forward - Leg for the Currency being Paid Purchased

9.08 19M
Derivative

Franklin Instl U.S. Govt Mny Mkt Fund

8.65 18M
Cash and Equivalents

United States Treasury Notes 3.875%

6.77 14M
Government

FX Forward - Leg for the Currency being Paid Purchased

6.53 14M
Derivative

FX Forward - Leg for the Currency being Received Purchased

6.38 14M
Derivative

FX Forward - Leg for the Currency being Paid Purchased

5.87 12M
Derivative

India (Republic of) 7.26%

5.39 11M
Government

Norway (Kingdom Of) 1.75%

4.61 10M
Government

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