Overall Morningstar Rating
Rating Category: Global Moderate 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.
Morningstar Style Box
| Large | Size | |||
|---|---|---|---|---|
| Medium | ||||
| Small | ||||
| Value | Blend | Growth | ||
| Style | ||||
Source: Morningstar®. The style box reveals a fund's investment style. For equity funds, the vertical axis shows the market capitalization of the long stocks owned, and the horizontal axis shows the investment style (value, blend, or growth). For fixed income funds, the vertical axis shows the credit quality based on credit ratings and the horizontal axis shows interest-rate sensitivity as measured by effective duration. Placement is determined by fund portfolio holding figures most recently entered into Morningstar's database and corresponding market conditions. Shaded areas show the past 3 years of quarterly data. Past performance does not guarantee future results.
Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category | 407 |
| Years | 5 |
| Ratings | |
| Number of Funds In Category | 395 |
| Years | 10 |
| Ratings | |
| Number of Funds In Category | 320 |
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Effective October 1, 2025, Templeton Global Balanced Fund changed its name to Templeton Global Dynamic Income Fund and adopted a managed distribution policy. Please refer to the prospectus for more information.
Overview
- Fund Description
- Strategy & Benefits
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.
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
Strategy & Benefits
Strategy
- Integrated, Multi-Asset Approach to Value Creation. The equity and fixed income teams work closely together to structure portfolios that optimize risk-reward and generate healthy total shareholder yield. The strategy’s approach to diversification seeks to identify the numerous ways that value is created in financial markets and to exploit synergies between asset classes and value exposures.
- Value-Oriented Stock Selection. We apply rigorous fundamental analysis to find stocks selling at large discounts to our assessment of their long-term intrinsic value. Dividend yield is also an important criterion because of the fund’s additional focus on income.
- High-Conviction, Unconstrained Global Bond Selection. On the fixed income side, we utilize a research-intensive, fundamentals-based approach to capitalize on temporary inefficiencies and capture long-term potential value across yield curves (interest rates), currencies, and credit spreads without being constrained by traditional global fixed income benchmarks.
Potential Benefits
- 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 team’s 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.
Fund Information
Portfolio Managers
Performance
- Average Annual Total Returns
- Calendar Year Returns
- Cumulative Total Returns
- Risk Measures
Average Annual Total Returns
Average Annual Total Returns 13, 14
2026
Chart
Month End As of 01/31/2026 | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception 07/01/2005 | |
|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | 21.72 | 10.17 | 4.48 | 4.19 | 4.91 | |
| Class A - Without Sales Charge (NAV) (%) | 28.62 | 12.23 | 5.66 | 4.76 | 5.21 | |
| MSCI All Country World Index-NR (%) | 21.87 | 19.05 | 11.95 | 12.75 | 8.66 | |
| JP Morgan Global Government Bond Index (%) | 6.80 | 1.53 | -3.34 | 0.28 | 1.92 | |
| Blended 50% MSCI All Country World Index-NR + 50% JP Morgan Global Government Bond Index (%) | 14.26 | 10.06 | 4.19 | 6.57 | 5.54 |
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Calendar Year Returns
Calendar Year Returns 13, 14
Chart
Month End As of 01/31/2026 | YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | Performance Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | -1.19 | 21.05 | -4.92 | 7.61 | -19.04 | -6.82 | -4.24 | 1.12 | -14.55 | 5.64 | -0.45 | 07/01/2005 | |
| Class A - Without Sales Charge (NAV) (%) | 4.56 | 28.20 | 0.44 | 13.80 | -14.28 | -1.54 | 1.49 | 6.96 | -9.44 | 12.18 | 5.64 | 07/01/2005 | |
| MSCI All Country World Index-NR (%) | 2.96 | 22.34 | 17.49 | 22.20 | -18.36 | 18.54 | 16.25 | 26.60 | -9.42 | 23.97 | 7.86 | — | |
| JP Morgan Global Government Bond Index (%) | 0.71 | 6.56 | -3.65 | 4.02 | -17.22 | -6.50 | 9.68 | 6.02 | -0.66 | 6.83 | 1.57 | — | |
| Blended 50% MSCI All Country World Index-NR + 50% JP Morgan Global Government Bond Index (%) | 1.84 | 14.35 | 6.49 | 12.87 | -17.59 | 5.45 | 13.77 | 16.17 | -4.89 | 15.13 | 4.89 | — |
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Cumulative Total Returns
Cumulative Total Returns 13, 14
The hypothetical growth scenario of $10,000 does not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Had they been reflected hypothetical values would be lower.
2005
2026
Chart
Month End As of 01/31/2026 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 07/01/2005 | |
|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | -1.19 | 21.72 | 33.71 | 24.49 | 50.68 | 76.36 | 168.51 | |
| Class A - Without Sales Charge (NAV) (%) | 4.56 | 28.62 | 41.35 | 31.68 | 59.27 | 86.77 | 184.62 | |
| MSCI All Country World Index-NR (%) | 2.96 | 21.87 | 68.75 | 75.81 | 232.02 | 312.77 | 452.36 | |
| JP Morgan Global Government Bond Index (%) | 0.71 | 6.80 | 4.65 | -15.61 | 2.80 | 6.22 | 48.03 | |
| Blended 50% MSCI All Country World Index-NR + 50% JP Morgan Global Government Bond Index (%) | 1.84 | 14.26 | 33.34 | 22.75 | 88.93 | 116.65 | 203.72 |
Historical Cumulative Total Returns
2026
Date Selected As of 01/31/2026 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 07/01/2005 | |
|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | -1.19 | 21.72 | 33.71 | 24.49 | 50.68 | 76.36 | 168.51 | |
| Class A - Without Sales Charge (NAV) (%) | 4.56 | 28.62 | 41.35 | 31.68 | 59.27 | 86.77 | 184.62 | |
| MSCI All Country World Index-NR (%) | 2.96 | 21.87 | 68.75 | 75.81 | 232.02 | 312.77 | 452.36 | |
| JP Morgan Global Government Bond Index (%) | 0.71 | 6.80 | 4.65 | -15.61 | 2.80 | 6.22 | 48.03 | |
| Blended 50% MSCI All Country World Index-NR + 50% JP Morgan Global Government Bond Index (%) | 1.84 | 14.26 | 33.34 | 22.75 | 88.93 | 116.65 | 203.72 |
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
If the sales charge (if applicable) had been included, the return would have been lower.
Risk Measures
Risk Measures14
| Statistics | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Beta | 1.24 | 1.20 | 1.14 |
| Bull Bear Capture Ratio | 1.01 | 1.10 | 0.87 |
| Beta Bear | 0.80 | 1.28 | 1.36 |
| Beta Bull | 1.04 | 1.19 | 1.14 |
| Historical Tracking Error | 5.11 | 5.75 | 6.26 |
| Information Ratio | 0.42 | 0.26 | -0.29 |
| Standard Deviation (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Class A - Without Sales Charge (NAV) | 11.12 | 13.15 | 12.05 |
| Blended 50% MSCI All Country World Index-NR + 50% JP Morgan Global Government Bond Index | 8.14 | 10.00 | 9.07 |
| Sharpe Ratio (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Class A - Without Sales Charge (NAV) | 0.67 | 0.18 | 0.21 |
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Portfolio
Assets
Positions
| Fund | Benchmark | |
|---|---|---|
| Number of Holdings | 148 | 2,515 |
Portfolio Statistics
| Fund | Benchmark | |
|---|---|---|
| Price to Book | 1.82x | 3.65x |
| Average Weighted Maturity | 7.98 Years | — |
| Price to Earnings (12-Month Trailing) | 18.85x | 23.38x |
| Price to Cash Flow | 9.20x | 14.72x |
| Effective Duration | 5.61 Years | — |
Portfolio Allocations
- Assets
- Geography
- Sector
- Currency
- Market Capitalization
- Maturity
- Credit Quality
Assets
Asset Allocation
Chart
| Fund | ||
|---|---|---|
| Equity | 55.15% | |
| Fixed Income | 35.72% | |
| Cash & Cash Equivalents | 9.13% |
Geography
Geographic Allocation
Chart
| Fund | ||
|---|---|---|
| 24.09% | ||
| 20.29% | ||
| 20.04% | ||
| 13.68% | ||
| 12.37% | ||
| 0.39% | ||
| 9.13% |
Sector
Sector Allocation
Chart
| Fund | Benchmark | ||
|---|---|---|---|
| Banks | 21.96% | 8.30% | |
| Capital Goods | 11.91% | 8.57% | |
| Technology Hardware & Equipment | 11.68% | 7.07% | |
| Health Care Equipment & Services | 10.95% | 2.68% | |
| Energy | 8.59% | 3.69% | |
| Semiconductors & Semiconductor Equipment | 7.86% | 12.44% | |
| Materials | 4.84% | 3.90% | |
| Transportation | 3.63% | 1.46% | |
| Media & Entertainment | 3.36% | 7.44% | |
| Food, Beverage & Tobacco | 3.30% | 2.52% | |
| Consumer Durables & Apparel | 3.03% | 1.09% | |
| Pharmaceuticals, Biotechnology & Life Sciences | 2.67% | 6.20% | |
| Consumer Staples Distribution & Retail | 1.78% | 1.62% | |
| Telecommunication Services | 1.64% | 1.52% | |
| Financial Services | 1.61% | 6.07% | |
| Equity Real Estate Investment Trusts (REITs) | 1.19% | 1.28% | |
| Consumer Discretionary Distribution & Retail | 0.00% | 4.83% |
Currency
Currency Exposure
Chart
| Fund | ||
|---|---|---|
| 38.66% | ||
| 38.49% | ||
| 26.25% | ||
| 10.73% | ||
| 5.41% | ||
| -19.53% |
Market Capitalization
Market Capitalization Allocation 15
Chart
| Fund | ||
|---|---|---|
| 5.0-10.0 Billion | 4.64% | |
| 10.0-25.0 Billion | 10.59% | |
| 25.0-50.0 Billion | 11.15% | |
| >50.0 Billion | 73.61% | |
| N/A | 0.00% |
Maturity
Maturity Allocation
Chart
| Fund | ||
|---|---|---|
| 0 to 1 Year | 17.43% | |
| 1 to 2 Years | 2.34% | |
| 2 to 3 Years | 1.25% | |
| 3 to 5 Years | 18.01% | |
| 5 to 7 Years | 17.16% | |
| 7 to 10 Years | 18.43% | |
| 10 to 15 Years | 12.69% | |
| 15 to 20 Years | 8.94% | |
| 20 to 30 Years | 1.78% | |
| 30+ Years | 1.95% | |
| N/A | 0.00% |
Credit Quality
Credit Quality Allocation
Chart
| Fund | ||
|---|---|---|
| AAA | 0.94% | |
| A | 1.63% | |
| BBB | 27.55% | |
| BB | 29.60% | |
| B | 32.38% | |
| CCC | 5.15% | |
| Not Rated | 0.80% | |
| Not Applicable | 1.96% |
Portfolio Holdings
- Holdings
- Top Ten Holdings
Holdings
Holdings
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.
Top Ten Holdings
Top Equity Issuers
Chart
| Fund | ||
|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 2.43% | |
| KEYCORP | 2.33% | |
| SAMSUNG ELECTRONICS CO LTD | 2.23% | |
| BP PLC | 2.18% | |
| TOKYO ELECTRON LTD | 1.91% | |
| ALPHABET INC | 1.85% | |
| IMPERIAL BRANDS PLC | 1.82% | |
| ING GROEP NV | 1.76% | |
| BNP PARIBAS SA | 1.73% | |
| LLOYDS BANKING GROUP PLC | 1.69% |
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.
Distributions & Tax
- Distributions
- Tax Information
Distributions
Distribution Schedules
Rates and Yields
Distribution Rate & Breakpoints
Distribution Rate
30-Day SEC Yield
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
Current Year Distributions Per Share
| Record Date | Ex-Dividend Date | Reinvestment Date | Payable Date | Reinvestment Amount | Long-Term Capital Gains | Short-Term Capital Gains | Income | Total Distribution Per Share |
|---|---|---|---|---|---|---|---|---|
| 01/26/2026 | 01/27/2026 | 01/27/2026 | 01/27/2026 | $3.07 | — | — | $0.0134 | $0.0134 |
Historical Distributions Per Share
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
- 2010
- 2009
- 2008
- 2007
- 2006
- 2005
- Since Inception
| Record Date | Ex-Dividend Date | Reinvestment Date | Payable Date | Reinvestment Amount | Long-Term Capital Gains | Short-Term Capital Gains | Income | Total Distribution Per Share |
|---|---|---|---|---|---|---|---|---|
| 12/24/2025 | 12/26/2025 | 12/26/2025 | 12/26/2025 | $2.93 | — | — | $0.0129 | $0.0129 |
| 11/21/2025 | 11/24/2025 | 11/24/2025 | 11/24/2025 | $2.79 | — | — | $0.0129 | $0.0129 |
| 10/27/2025 | 10/28/2025 | 10/28/2025 | 10/28/2025 | $2.84 | — | — | $0.0129 | $0.0129 |
| 09/19/2025 | 09/22/2025 | 09/22/2025 | 09/22/2025 | $2.81 | — | — | $0.0377 | $0.0377 |
| 06/18/2025 | 06/20/2025 | 06/20/2025 | 06/20/2025 | $2.62 | — | — | $0.0339 | $0.0339 |
| 12/19/2024 | 12/20/2024 | 12/20/2024 | 12/20/2024 | $2.38 | — | — | $0.014409 | $0.0288 |
| 09/19/2024 | 09/20/2024 | 09/20/2024 | 09/20/2024 | $2.54 | — | — | $0.01641 | $0.0328 |
| 06/18/2024 | 06/20/2024 | 06/20/2024 | 06/20/2024 | $2.43 | — | — | $0.019962 | $0.0399 |
| 03/19/2024 | 03/20/2024 | 03/20/2024 | 03/20/2024 | $2.46 | — | — | $0.010706 | $0.0214 |
| 12/19/2023 | 12/20/2023 | 12/20/2023 | 12/20/2023 | $2.44 | — | — | — | $0.0209 |
| 09/19/2023 | 09/20/2023 | 09/20/2023 | 09/20/2023 | $2.32 | — | — | — | $0.0224 |
| 06/16/2023 | 06/20/2023 | 06/20/2023 | 06/20/2023 | $2.38 | — | — | — | $0.0273 |
| 03/17/2023 | 03/20/2023 | 03/20/2023 | 03/20/2023 | $2.29 | — | — | — | $0.0158 |
| 12/19/2022 | 12/20/2022 | 12/20/2022 | 12/20/2022 | $2.24 | — | — | — | $0.0162 |
| 09/19/2022 | 09/20/2022 | 09/20/2022 | 09/20/2022 | $2.16 | — | — | — | $0.0153 |
| 06/17/2022 | 06/21/2022 | 06/21/2022 | 06/21/2022 | $2.30 | — | — | — | $0.026 |
| 03/18/2022 | 03/21/2022 | 03/21/2022 | 03/21/2022 | $2.61 | — | — | — | $0.015 |
| 12/14/2021 | 12/15/2021 | 12/15/2021 | 12/15/2021 | $2.68 | — | — | — | $0.0143 |
| 09/14/2021 | 09/15/2021 | 09/15/2021 | 09/15/2021 | $2.87 | — | — | — | $0.0148 |
| 06/14/2021 | 06/15/2021 | 06/15/2021 | 06/15/2021 | $2.97 | — | — | — | $0.0146 |
| 03/12/2021 | 03/15/2021 | 03/15/2021 | 03/15/2021 | $2.92 | — | — | — | $0.0154 |
| 12/14/2020 | 12/15/2020 | 12/15/2020 | 12/15/2020 | $2.79 | — | — | $0.0104 | $0.0104 |
| 09/14/2020 | 09/15/2020 | 09/15/2020 | 09/15/2020 | $2.56 | — | — | $0.0123 | $0.0123 |
| 06/12/2020 | 06/15/2020 | 06/15/2020 | 06/15/2020 | $2.44 | — | — | $0.0096 | $0.0096 |
| 03/13/2020 | 03/16/2020 | 03/16/2020 | 03/16/2020 | $2.24 | — | — | $0.0213 | $0.0213 |
| 12/13/2019 | 12/16/2019 | 12/16/2019 | 12/18/2019 | $2.81 | — | — | $0.0257 | $0.0257 |
| 09/13/2019 | 09/16/2019 | 09/16/2019 | 09/18/2019 | $2.76 | — | — | $0.0224 | $0.0224 |
| 06/14/2019 | 06/17/2019 | 06/17/2019 | 06/19/2019 | $2.76 | — | — | $0.0463 | $0.0463 |
| 03/14/2019 | 03/15/2019 | 03/15/2019 | 03/19/2019 | $2.93 | — | — | $0.0251 | $0.0251 |
| 12/14/2018 | 12/17/2018 | 12/17/2018 | 12/19/2018 | $2.82 | — | — | $0.024 | $0.024 |
| 09/14/2018 | 09/17/2018 | 09/17/2018 | 09/19/2018 | $3.02 | — | — | $0.0279 | $0.0279 |
| 06/14/2018 | 06/15/2018 | 06/15/2018 | 06/19/2018 | $3.08 | — | — | $0.0408 | $0.0408 |
| 03/14/2018 | 03/15/2018 | 03/15/2018 | 03/19/2018 | $3.16 | — | — | $0.0254 | $0.0254 |
| 12/14/2017 | 12/15/2017 | 12/15/2017 | 12/19/2017 | $3.16 | — | — | $0.025 | $0.025 |
| 09/14/2017 | 09/15/2017 | 09/15/2017 | 09/19/2017 | $3.14 | — | — | $0.0243 | $0.0243 |
| 06/14/2017 | 06/15/2017 | 06/15/2017 | 06/19/2017 | $3.09 | — | — | $0.0212 | $0.0212 |
| 03/14/2017 | 03/15/2017 | 03/15/2017 | 03/17/2017 | $3.05 | — | — | $0.0115 | $0.0115 |
| 12/14/2016 | 12/15/2016 | 12/15/2016 | 12/19/2016 | $2.93 | — | — | $0.0118 | $0.0118 |
| 09/14/2016 | 09/15/2016 | 09/15/2016 | 09/19/2016 | $2.78 | — | — | $0.0004 | $0.0004 |
| 06/14/2016 | 06/15/2016 | 06/15/2016 | 06/17/2016 | $2.65 | — | — | $0.0132 | $0.0132 |
| 12/14/2015 | 12/15/2015 | 12/15/2015 | 12/17/2015 | $2.76 | $0.079 | — | $0.0348 | $0.1138 |
| 09/14/2015 | 09/15/2015 | 09/15/2015 | 09/17/2015 | $2.91 | — | — | $0.0291 | $0.0291 |
| 06/12/2015 | 06/15/2015 | 06/15/2015 | 06/17/2015 | $3.14 | — | — | $0.0298 | $0.0298 |
| 03/12/2015 | 03/13/2015 | 03/13/2015 | 03/17/2015 | $3.08 | — | — | $0.021 | $0.021 |
| 12/12/2014 | 12/15/2014 | 12/15/2014 | 12/17/2014 | $2.98 | — | — | $0.1104 | $0.1104 |
| 09/12/2014 | 09/15/2014 | 09/15/2014 | 09/17/2014 | $3.29 | — | — | $0.0217 | $0.0217 |
| 06/12/2014 | 06/13/2014 | 06/13/2014 | 06/17/2014 | $3.36 | — | — | $0.0233 | $0.0233 |
| 03/13/2014 | 03/14/2014 | 03/14/2014 | 03/18/2014 | $3.19 | — | — | $0.0124 | $0.0124 |
| 12/12/2013 | 12/13/2013 | 12/13/2013 | 12/17/2013 | $3.13 | — | — | $0.0301 | $0.0301 |
| 09/12/2013 | 09/13/2013 | 09/13/2013 | 09/17/2013 | $3.07 | — | — | $0.0087 | $0.0087 |
| 06/13/2013 | 06/14/2013 | 06/14/2013 | 06/18/2013 | $2.98 | — | — | $0.0254 | $0.0254 |
| 03/14/2013 | 03/15/2013 | 03/15/2013 | 03/19/2013 | $2.98 | — | — | $0.033 | $0.033 |
| 12/13/2012 | 12/14/2012 | 12/14/2012 | 12/18/2012 | $2.82 | — | — | $0.038 | $0.038 |
| 09/13/2012 | 09/14/2012 | 09/14/2012 | 09/18/2012 | $2.82 | — | — | $0.031 | $0.031 |
| 06/14/2012 | 06/15/2012 | 06/15/2012 | 06/19/2012 | $2.55 | — | — | $0.0593 | $0.0593 |
| 03/14/2012 | 03/15/2012 | 03/15/2012 | 03/19/2012 | $2.83 | — | — | $0.0089 | $0.0089 |
| 12/14/2011 | 12/15/2011 | 12/15/2011 | 12/19/2011 | $2.48 | — | — | $0.0582 | $0.0582 |
| 09/14/2011 | 09/15/2011 | 09/15/2011 | 09/19/2011 | $2.57 | — | — | $0.0229 | $0.0229 |
| 06/14/2011 | 06/15/2011 | 06/15/2011 | 06/17/2011 | $2.86 | — | — | $0.0234 | $0.0234 |
| 03/14/2011 | 03/15/2011 | 03/15/2011 | 03/17/2011 | $2.79 | — | — | $0.02 | $0.02 |
| 12/14/2010 | 12/15/2010 | 12/15/2010 | 12/17/2010 | $2.78 | — | — | $0.0307 | $0.0307 |
| 09/14/2010 | 09/15/2010 | 09/15/2010 | 09/17/2010 | $2.65 | — | — | $0.0215 | $0.0215 |
| 06/14/2010 | 06/15/2010 | 06/15/2010 | 06/17/2010 | $2.51 | — | — | $0.0228 | $0.0228 |
| 03/12/2010 | 03/15/2010 | 03/15/2010 | 03/17/2010 | $2.62 | — | — | $0.0141 | $0.0141 |
| 12/14/2009 | 12/15/2009 | 12/15/2009 | 12/17/2009 | $2.58 | — | — | $0.0111 | $0.0111 |
| 09/14/2009 | 09/15/2009 | 09/15/2009 | 09/17/2009 | $2.49 | — | — | $0.0196 | $0.0196 |
| 06/12/2009 | 06/15/2009 | 06/15/2009 | 06/17/2009 | $2.23 | — | — | $0.0178 | $0.0178 |
| 02/27/2009 | 03/02/2009 | 03/02/2009 | 03/04/2009 | $1.87 | — | — | $0.0185 | $0.0185 |
| 11/28/2008 | 12/01/2008 | 12/01/2008 | 12/03/2008 | $1.96 | — | — | $0.1458 | $0.1458 |
| 08/29/2008 | 09/02/2008 | 09/02/2008 | 09/04/2008 | $2.70 | — | — | $0.0312 | $0.0312 |
| 05/30/2008 | 06/02/2008 | 06/02/2008 | 06/04/2008 | $2.89 | — | — | $0.0426 | $0.0426 |
| 02/29/2008 | 03/03/2008 | 03/03/2008 | 03/05/2008 | $2.90 | — | — | $0.0176 | $0.0176 |
| 11/30/2007 | 12/03/2007 | 12/03/2007 | 12/05/2007 | $3.09 | — | — | $0.0608 | $0.0608 |
| 08/31/2007 | 09/04/2007 | 09/04/2007 | 09/06/2007 | $3.05 | — | — | $0.0324 | $0.0324 |
| 05/31/2007 | 06/01/2007 | 06/01/2007 | 06/05/2007 | $3.18 | — | — | $0.0449 | $0.0449 |
| 02/28/2007 | 03/01/2007 | 03/01/2007 | 03/05/2007 | $2.94 | — | — | $0.0124 | $0.0124 |
| 11/30/2006 | 12/01/2006 | 12/01/2006 | 12/05/2006 | $2.90 | — | — | $0.0245 | $0.0245 |
| 08/31/2006 | 09/01/2006 | 09/01/2006 | 09/06/2006 | $2.75 | — | — | $0.0319 | $0.0319 |
| 05/31/2006 | 06/01/2006 | 06/01/2006 | 06/05/2006 | $2.69 | — | — | $0.033 | $0.033 |
| 02/28/2006 | 03/01/2006 | 03/01/2006 | 03/03/2006 | $2.66 | — | — | $0.0222 | $0.0222 |
| 11/30/2005 | 12/01/2005 | 12/01/2005 | 12/05/2005 | $2.48 | — | — | $0.0231 | $0.0231 |
| 08/31/2005 | 09/01/2005 | 09/01/2005 | 09/06/2005 | $2.54 | — | — | $0.0082 | $0.0082 |
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.
Tax Information
Tax Information
Federal ID Number 20-2852473
Distributions per Share ($)
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
| Record Date | Ordinary Dividends | Qualified Dividends | Capital Gain Distributions | Unrecaptured Section 1250 Gain | Non-Taxable Return Of Capital | Section 199a Dividends | Foreign Tax Paid | Exempt Interest Dividends | Interest on Tax Reclaim Refunds |
|---|---|---|---|---|---|---|---|---|---|
| Mar 19 | — | — | — | — | — | — | — | — | — |
| Jun 18 | 0.041949 | 0.014589 | — | — | — | — | 0.008049 | — | — |
| Sep 12 | — | — | — | — | — | — | — | — | — |
| Sep 19 | 0.0377 | 0.013112 | — | — | — | — | — | — | — |
| Oct 27 | 0.0129 | 0.004487 | — | — | — | — | — | — | — |
| Nov 21 | 0.0129 | 0.004487 | — | — | — | — | — | — | — |
| Dec 24 | 0.0129 | 0.004487 | — | — | — | — | — | — | — |
| 0.118349 | 0.041162 | — | — | — | — | 0.008049 | — | — |
Supplemental Tax Information
Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
Pricing
Pricing History Chart
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
February 2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
February 2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
Chart
Daily Fund Prices and Breakpoints
52-Week Range
POP and Sales Charge at Breakpoints
Investment | Sales Charge | POP |
|---|---|---|
| Less than $25,000 | 5.50% | $3.31 |
| $25,000 - $49,999 | 5.25% | $3.30 |
| $50,000 - $99,999 | 4.50% | $3.28 |
| $100,000 - $249,999 | 3.50% | $3.24 |
| $250,000 - $499,999 | 2.50% | $3.21 |
| $500,000 - $749,999 | 2.00% | $3.19 |
| $750,000 - $999,999 | 1.50% | $3.18 |
POP and Sales Charge at Breakpoints
Historical Data - Daily Fund Prices
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
February 2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
February 2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
Historical Pricing Results From 01/16/2026 To 02/16/2026
| Date | NAV | POP | NAV Change | NAV Change (%) |
|---|---|---|---|---|
| 02/16/2026 | $3.13 | $3.31 | $0.01 | 0.00% |
| 02/13/2026 | $3.13 | $3.31 | $0.01 | 0.32% |
| 02/12/2026 | $3.12 | $3.30 | $-0.03 | -0.95% |
| 02/11/2026 | $3.15 | $3.33 | $0.02 | 0.64% |
| 02/10/2026 | $3.13 | $3.31 | $0.01 | 0.32% |
| 02/09/2026 | $3.12 | $3.30 | $0.01 | 0.32% |
| 02/06/2026 | $3.11 | $3.29 | $0.05 | 1.63% |
| 02/05/2026 | $3.06 | $3.24 | $-0.03 | -0.97% |
| 02/04/2026 | $3.09 | $3.27 | $0.00 | 0.00% |
| 02/03/2026 | $3.09 | $3.27 | $0.03 | 0.98% |
| 02/02/2026 | $3.06 | $3.24 | $0.02 | 0.66% |
| 01/30/2026 | $3.04 | $3.22 | $-0.03 | -0.98% |
| 01/29/2026 | $3.07 | $3.25 | $0.01 | 0.33% |
| 01/28/2026 | $3.06 | $3.24 | $-0.01 | -0.33% |
| 01/27/2026 | $3.07 | $3.25 | $0.02 | 0.66% |
| 01/26/2026 | $3.05 | $3.23 | $0.02 | 0.66% |
| 01/23/2026 | $3.03 | $3.21 | $0.01 | 0.33% |
| 01/22/2026 | $3.02 | $3.20 | $0.02 | 0.67% |
| 01/21/2026 | $3.00 | $3.17 | $0.03 | 1.01% |
| 01/20/2026 | $2.97 | $3.14 | $-0.03 | -1.00% |
| 01/19/2026 | $3.00 | $3.17 | $0.00 | 0.00% |
| 01/16/2026 | $3.00 | $3.17 | $0.00 | 0.00% |
Documents
Product Literature
Factsheet - Templeton Global Dynamic Income Fund
Regulatory Documents
Semi-Annual Report - Templeton Global Dynamic Income Fund - Class A
Annual Report - Templeton Global Dynamic Income Fund - Class A
Prospectus - Templeton Global Dynamic Income Fund
Summary Prospectus - Templeton Global Dynamic Income Fund
Statement of Additional Information - Templeton Global Dynamic Income Fund
Mailed hardcopies unavailable.
Fiscal Q1 Holdings - Templeton Global Dynamic Income Fund
Mailed hardcopies unavailable.
Fiscal Q3 Holdings - Templeton Global Dynamic Income Fund
Mailed hardcopies unavailable.
Risks
What Are the Risks?
All investments involve risks, including possible loss of principal. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Equity securities are subject to price fluctuation and possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. Liquidity risk exists when securities or other investments become more difficult to sell, or are unable to be sold, at the price at which they have been valued. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. Investments in equity-linked notes often have risks similar to their underlying securities, which could include management risk, market risk and, as applicable, foreign securities and currency risks. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund’s prospectus.
Important Information
Total Returns include change in share price, assume reinvestment of all distributions, and reflect the deduction of fund expenses and applicable fees. Total returns, distribution rate, and yields reflect any applicable expense reductions and fee waivers; without these reductions, the results would have been lower.
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
The MSCI All Country World Index is a market capitalization-weighted index that is designed to measure equity market performance of developed and emerging markets.
Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
Net Returns (NR) include income net of tax withholding when dividends are paid.
The JP Morgan Global Government Bond Index is a market value weighted fixed income index comprised of government bonds in developed countries.
Source: JP Morgan.
FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Please call Franklin Templeton at (800) DIAL BEN/342-5236 for more information.
Footnotes
Net Asset Value - the amount per share you would receive if you sold shares that day. NAV Change indicates a change in the Net Asset Value from the previous business day.
Public Offering Price – the purchase price for each share of the fund on a given day. It includes the maximum initial sales charge, if any.
Figures are aggregate total return figures, have not been annualized and represent the change in value of an investment over the period indicated.
Effective August 1, 2025, the fund changed the Bloomberg Multiverse Index to the JP Morgan Global Government Bond Index and the bond component of the Blended 50% MSCI All Country World Index-NR + 50% JP Morgan Global Government Bond Index had the same index change.
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Distribution Rate is calculated by annualizing the most recent distribution amount paid, divided by the NAV as of the date indicated. The Distribution Rate calculation includes income and return of capital, and excludes special distributions. The Distribution Rate is not guaranteed, subject to change, and is not a quotation of fund performance.
With Waiver means the performance quote reflects any applicable expense reductions and fee waivers.
During periods of rising inflation, fund yields can vary significantly from month-to-month and may not be repeated.
30-Day SEC Yield is calculated using the net income (interest and dividends) per share earned over a trailing 30-day period (annualized), divided by the fund’s share price at the end of that period. It may not equal the fund’s actual income distribution rate, which reflects the fund’s past dividends paid to shareholders.
Gross Expense Ratio reflects the total annual operating expenses for the share class shown, prior to the deduction of any waiver or reimbursement. Actual expenses may be higher and may impact portfolio returns. Net Expense Ratio reflects total expenses after any fee waivers, implemented expense caps or reimbursements. If a fund has contractual fee waivers, expense caps and/or reimbursements, the expiration date can be found by clicking on the information button next to the net expense ratio. Additional amounts may be voluntarily waived and/or reimbursed and may be modified or discontinued at any time without notice. Expense ratios are as of the most recent prospectus or annual report.
Net Expense Ratio represents the expense ratio applicable to investors.
For net asset value (NAV) purchases, a 1% contingent deferred sales charge (CDSC) may apply to shares redeemed within 18 months.
On 7/1/11 the fund changed its name, its goal and pricing structure. Total returns have been restated to reflect the current maximum initial sales charge of 5.75%. Prior to 7/1/11 shares were offered at a lower initial sales charge.
Prior to 9/10/18, these shares were offered at a higher initial sales charge of 5.75%; thus actual returns would have differed. Total returns with sales charges have been restated to reflect the current maximum initial sales charge of 5.50%.
Capitalization Rate is calculated without the deduction of fees and expenses.