Morningstar

Templeton Global Bond Enhanced Fund Advisor Class TTRZX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 6.82  /  −0.73 %
  • Total Assets 213.6M
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 0.950%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 7.49%
  • Effective Duration 4.17 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:46 AM GMT+0

Morningstar’s Analysis TTRZX

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

  • People Pillar

    The People Pillar is our evaluation of the TTRZX 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 TTRZX’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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings TTRZX

More TTRZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 40.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

FX Forward - Leg for the Currency being Received Purchased

10.22 23M
Derivative

Franklin Instl U.S. Govt Mny Mkt Fund

9.82 22M
Cash and Equivalents

FX Forward - Leg for the Currency being Received Purchased

8.16 19M
Derivative

Malaysia (Government Of) 3.899%

7.86 18M
Government

United States Treasury Notes 3.875%

6.16 14M
Government

FX Forward - Leg for the Currency being Paid Purchased

5.96 14M
Derivative

FX Forward - Leg for the Currency being Received Purchased

5.92 13M
Derivative

India (Republic of) 7.26%

4.96 11M
Government

FX Forward - Leg for the Currency being Paid Purchased

4.95 11M
Derivative

Norway (Kingdom Of) 1.75%

4.28 10M
Government

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