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Templeton Global Balanced Fund

Fund Category: HybridGo to Prices & Performance page
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Symbol TAGBX
CUSIP 880 19R 583
Fund Number 325
Inception Date1 Jul 01, 2005
Distributions Quarterly
Total Net Assets
(all share classes)
As of 10/31/2015

As of  12/01/2015

NAV2 $3.00  
NAV Change $0.01  
POP3 $3.18  
YTD Total Return at NAV 0.97%
Distribution Rate at NAV 3.88%
30-day Standardized Yield4 w/ Waiver w/o Waiver
As of 10/31/2015
(updated monthly)
2.26% 2.26%

Average Annual Total Returns5
As of Quarter End 09/30/2015

w/ Sales Charge w/o Sales Charge
1 Yr -12.48% -7.06%
5 Yrs 4.07% 5.35%
10 Yrs 5.56% 6.17%
Life 5.53% 6.13%

Expense Ratio and Sales Charge As of 08/01/2015 (updated annually)

Gross Expense Ratio6 1.11%
Net Expense Ratio 1.11%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

Strategy Statement
Portfolio Managers
Michael Hasenstab
"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."

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 the Franklin Templeton Fixed Income Group ®.
  • 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.


Hypothetical $10K Investment

Hypothetical $10K Investment

Investing in the Fund

All investments involve risks, including possible loss of principal. Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments; investments in emerging markets involve heightened risks related to the same factors. Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions. Bond prices generally move in the opposite direction of interest rates. Thus, as the prices of bonds in the fund adjust to a rise in interest rates, the fund's share price may decline. The risks associated with higher-yielding, lower-rated debt securities include higher risk of default and loss of principal. To the extent the fund focuses on particular countries, regions, industries, sectors or types of investment from time to time, it may be subject to greater risks of adverse developments in such areas of focus than a fund that invests in a wider variety of countries, regions, industries, sectors or investments. The fund's investment in derivative securities, such as swaps, financial futures and option contracts, and use of foreign currency techniques involve special risks as such may not achieve the anticipated benefits and/or may result in losses to the fund. The markets for particular securities or types of securities are or may become relatively illiquid. Reduced liquidity will have an adverse impact on the security's value and on the fund's ability to sell such securities when necessary to meet the fund's liquidity needs or in response to a specific market event. The fund's risk considerations are discussed in the prospectus.

Minimum Investment


How Financial Advisors Help You

Speak to your financial advisor about whether this fund is appropriate for you. If you don't have a financial advisor, request a referral.

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Important Legal Information


For US residents only.