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Multi-Asset

TZINX Templeton Global Dynamic Income Fund

  • Global Expertise. The fund combines the global expertise and research resources of the Templeton Global Equity Group and Templeton Global Macro to offer an integrated, multi-asset investment strategy focused on long-term fundamental value. Close collaboration and aligned objectives between the investment teams result in a dynamic portfolio.
  • Global Diversification. The teams global resources and regional market expertise provides the flexibility to adjust exposures across fluctuating market environments and all phases of the investment cycle.
  • Professional, Dynamic Asset Allocation. Asset allocation decisions are a team effort that take into consideration asset class valuations, volatility levels and underlying fundamentals to create appropriately balanced, high-conviction value portfolios. Depending on valuations and other factors, the investment team has the flexibility to adjust the allocation as necessary.

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Overview

Fund Facts

Fund description

The fund seeks both income and capital appreciation by investing in a diversified portfolio of global bonds and equities, and offers a dynamic, bottom-up allocation process. The fund normally invests at least 25% of its assets in fixed income securities and at least 25% of its assets in equity securities.

Benchmark
MSCI All Country World Index-NR
Additional Benchmark
JP Morgan Global Government Bond Index
Additional Benchmark
Blended 50% MSCI All Country World Index-NR + 50% JP Morgan Global Government Bond Index
Fund Inception Date
07/01/2005
Dividend Frequency, if any
Monthly
Number of HoldingsAs of 04/30/2026 (Updated Monthly)
157

Sales Charges, Expenses & Fees

As of 05/01/2026
Gross Expense Ratio
1.01%
Net Expense Ratio
0.96%
Maximum Initial Charge
CDSC
N/A
12b-1 Fee
N/A

Identifiers

Ticker
TZINX
Fund Number
625
CUSIP Code
88019R765

Top Sectors

View portfolio section for additional info

As of 04/30/2026 - Market Value % of Equity (Updated Monthly)

Pharmaceuticals, Biotechnology & Life Sciences9.66%
AAA0.92%
Technology Hardware & Equipment8.58%
A1.63%
Banks8.43%
Materials7.19%
BBB31.54%
Capital Goods7.09%
BB30.45%
B27.03%
CCC5.43%
Not Rated1.85%
Not Applicable1.16%

Additional Fund Info

Share Class Inception Date
07/01/2005
Investment Style
Balanced
Lipper Classification
Mixed-Asset Target Allocation Moderate Funds
Morningstar Category
Global Moderate Allocation

Manager and Commentary

About the Team

Templeton Global Investments

Templeton Global Investments combines extensive local presence and expertise with a flexible investment approach to give clients access to a broad set of global growth opportunities.

Templeton Global Macro

Templeton Global Macro employs a research-intensive, high-conviction approach to investing in the global sovereign debt market. Blending rigorous country-by-country research and top-down macro analysis, the team seeks to identify the most compelling longer-term opportunities across interest-rates, currencies, and sovereign credit spreads.

Portfolio Manager Profile
Years of Experience
Manager Location

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