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 6.94  /  −0.43 %
  • Total Assets 211.4M
  • 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 7.45%
  • Effective Duration 4.17 years

USD | NAV as of Jun 18, 2026 | 1-Day Return as of Jun 18, 2026, 12:11 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 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 TTRZX

More TTRZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Malaysia (Government Of) 3.899%

9.68 20M
Government

FX Forward - Leg for the Currency being Paid Purchased

9.41 20M
Derivative

FX Forward - Leg for the Currency being Paid Purchased

9.28 19M
Derivative

Franklin Instl U.S. Govt Mny Mkt Fund

7.01 15M
Cash and Equivalents

United States Treasury Notes 3.875%

6.87 14M
Government

FX Forward - Leg for the Currency being Paid Purchased

6.74 14M
Derivative

FX Forward - Leg for the Currency being Received Purchased

6.70 14M
Derivative

FX Forward - Leg for the Currency being Paid Purchased

6.62 14M
Derivative

FX Forward - Leg for the Currency being Paid Purchased

6.45 13M
Derivative

FX Forward - Leg for the Currency being Received Purchased

5.98 13M
Derivative

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