Morningstar

Templeton Global Bond Enhanced Fund Class R6 FTTRX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $6.96  /  +0.14 %
  • Fund Size $225.7M
  • Adjusted Expense Ratio 0.820%
  • Net Expense Ratio 0.790%
  • Fee Level: Distribution Above Average
  • Share Class Type Retirement, Large
  • Morningstar Category Nontraditional Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 7.66%
  • Average Effective Duration 3.73 yrs
NAV and 1-Day Return as of

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 swings for a retail offering.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

The team’s expertise is a strength for Templeton Global Bond Enhanced (known as Templeton Global Total Return in Europe), but outsize bets often lead to hefty losses, raising risk management concerns.

by Saraja Samant
Rated on Published on

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Portfolio Holdings FTTRX

More FTTRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

FX Forward - Leg for the Currency being Received Purchased

9.13 20M
Derivative

Malaysia (Government Of) 3.899%

8.21 18M
Government

FX Forward - Leg for the Currency being Received Purchased

8.12 18M
Derivative

Franklin Instl U.S. Govt Mny Mkt Fund

6.53 14M
Cash and Equivalents

FX Forward - Leg for the Currency being Paid Purchased

6.47 14M
Derivative

FX Forward - Leg for the Currency being Paid Purchased

6.42 14M
Derivative

United States Treasury Notes 3.875%

6.41 14M
Government

Mexico (United Mexican States) 8%

5.26 11M
Government

FX Forward - Leg for the Currency being Received Purchased

5.24 11M
Derivative

India (Republic of) 7.26%

5.15 11M
Government

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