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Morningstar

Templeton Global Bond Adv TGBAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 7.40  /  0.41 %
  • Total Assets 4.5 Bil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.720%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Global Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 4.29%
  • Effective Duration 6.04 years

USD | NAV as of Dec 06, 2023 | 1-Day Return as of Dec 06, 2023, 11:15 PM GMT+0

Morningstar’s Analysis TGBAX

Will TGBAX outperform in 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 TGBAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the TGBAX 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 TGBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Unique and difficult to find a place for this in your portfolio.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

Templeton Global Bond’s well-resourced team stands out, though risk management concerns cloud the strategy’s strengths.

by Mike Mulach
Rated on Published on

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Portfolio Holdings TGBAX

More TGBAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 84
  • Other Holdings 97
  • % Assets in Top 10 Holdings 35.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MORGAN STANLEY CAPITAL SERVICES LLC IRS RCV FIXED 3.285% 05/03/33 USD Pay

7.63
331,555,314
Government

Indonesia (Republic of) 7%

6.71
291,717,997
Government

FX Forward - Buy JPY Sell USD Purchased

6.22
270,248,897
Derivative

FX Forward - Buy KRW Sell USD Purchased

5.95
258,655,707
Derivative

FX Forward - Buy JPY Sell USD Purchased

5.37
233,224,182
Derivative

Franklin IFT Money Market

5.30
230,179,789
Cash and Equivalents

JPMORGAN CHASE BANK NA IRS RCV FIXED 3.84746% 08/31/33 USD Pay

5.18
224,895,876
Government

FX Forward - Buy JPY Sell USD Purchased

4.12
179,140,633
Derivative

United States Treasury Bonds 3.625%

3.87
168,038,947
Government

New South Wales Treasury Corporation 2%

3.63
157,587,804
Government