Templeton Global Balanced Fund

This fund or share class has been closed to new investors.

PRICE AND YTD RETURN As of 07/22/2016

NAV up $0.00 $2.77
POP $2.89
YTD Total return at Nav -0.22%
1 YEAR RETURN -13.13%
10 YEAR RETURN 4.70%


Investment Category Balanced / Hybrid
Distributions Quarterly
CUSIP 880 19R 799
Fund Number 425
Inception Date Jul 01, 2005
Total Net Assets (all share classes) As of 06/30/2016 $2,141.7 (M)
Distribution Rate at NAV As of 07/22/2016 1.91%
30-Day Standardized yield As of 06/30/2016 (updated monthly)
w/ Waiver 2.95%
w/o Waiver 2.95%

SALES CHARGE, EXPENSES, & FEES As of 08/01/2015 (updated annually)

Gross Expense Ratio 1.11%
Net Expense Ratio 1.11%
Max Initial Sales Charge 4.25%
CDSC 0.00%
12b-1 Fee 0.25%

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 senior securities and at least 25% of its assets in equity securities. Templeton Global Macro and the Templeton Global Equity Group meet regularly to determine the allocation mix reflective of where the teams are finding what they consider to be the most attractive opportunities.

Strategy Statement

"This fund combines our global equity and fixed income expertise, applying the same investment processes and consistency to our research and security selection that investors have come to expect. "

Michael Hasenstab, Ph.D


Michael Hasenstab, Ph.D

Michael Hasenstab, Ph.D

  • Joined Franklin Templeton in 1995
  • Managed Fund Since 2005
Heather Arnold, CFA, MBA

Heather Arnold, CFA®, MBA

  • Joined Franklin Templeton in 1997
  • Managed Fund Since 2005
Norman Boersma, CFA, MBA

Norman Boersma, CFA®, MBA

  • Joined Franklin Templeton in 1991
  • Managed Fund Since 2011
James Harper, CFA

James Harper, CFA®

  • Joined Franklin Templeton in 2007
  • Managed Fund Since 2010
Chris Molumphy, CFA, MBA

Chris Molumphy, CFA®, MBA

  • Joined Franklin Templeton in 1988
  • Managed Fund Since 2005

Overall Morningstar Rating As of 06/30/2016

Rating Category: World Allocation

The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating As of 06/30/2016

Years Ratings Funds
in category
1 Stars
2 Stars
3 Stars

Morningstar Style Box As of 03/31/2016

Strategy, Benefits, Results


  • Value-Oriented Stock Selection. We invest in stocks selling at prices we believe are low relative to their intrinsic value, which are generally a subset of Templeton’s approved list. And because of the fund’s additional focus on income, dividend yield is also an important criterion.
  • Global Bond Selection. On the fixed income side, we identify specific investment opportunities in a wide variety of countries based on our analysis of interest rates, exchange rates and yield spreads.
  • Dynamic Portfolio Allocation. The fund’s bottom-up, dynamic asset allocation process is a team effort. We determine the asset mix by comparing absolute and relative valuations across asset classes relative to underlying fundamentals and levels of market volatility. This process allows the team with the largest number of high conviction ideas to constitute the largest part of the fund.


  • Global Expertise. The fund combines the global expertise and research resources of the Templeton Global Equity Group and Templeton Global Macro.
  • Global Diversification. The fund included investments in many countries and currencies. Global portfolio diversification may help provide a hedge against U.S. interest rate cycles, economic conditions and other domestic risks.
  • Professional, Dynamic Asset Allocation. The fund’s asset allocation is determined by comparing valuations across asset classes relative to underlying fundamentals and levels of market volatility. Depending on valuations and other factors, the investment team has the flexibility to adjust the allocation as necessary.

You need Adobe Acrobat Reader 6.0 or higher to view and print PDF documents. Download a free version from Adobe's website.