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Templeton International Bond Fund

Fund Category: Fixed IncomeGo to Prices & Performance page
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Symbol TBOAX
CUSIP 880 208 509
Fund Number 447
Inception Date1 Dec 03, 2007
Distributions Monthly
Total Net Assets
(all share classes)
As of 03/31/2014
$488.2
(millions)

As of  04/23/2014

NAV2 $11.66  
NAV Change $0.00  
POP3 $12.18  
YTD Total Return at NAV 1.04%
Distribution Rate at NAV 2.60%
30-day Standardized Yield4,5
As of 03/31/2014 (updated monthly)
1.96%

Average Annual Total Returns
As of Quarter End 03/31/2014

w/ Sales Charge w/o Sales Charge
1 Yr -4.27% -0.03%
5 Yrs 7.84% 8.78%
10 Yrs
Life 6.52% 7.25%

Expense Ratio and Sales Charge As of 01/01/2014 (updated annually)

Gross Expense Ratio6,7 1.17%
Net Expense Ratio 1.06%
Max Initial Sales Charge 4.25%
CDSC 0.00%
12b-1 Fee 0.30%

Fund Description

Strategy Statement
Portfolio Managers
Michael Hasenstab
"The fund invests predominantly in foreign (non-U.S.) bonds. We invest in countries we believe bonds are underpriced and where we think country fundamentals offer potential for price appreciation."

Michael Hasenstab, Ph.D.
Joined Franklin Templeton in 1995
Managed Fund since 2007

Strategy, Benefits, Results

Strategy

  • We seek current income with capital appreciation and growth of income, as well as to capitalize on fixed income opportunities outside of the United States.
  • We invest in countries that we believe have underpriced bonds and fundamentals with the potential for price appreciation.
  • Our assets are allocated based on the manager's assessment of changing market, political and economic conditions, and an in-depth evaluation of interest rates, exchange rates and credit risks.

Benefits

  • Portfolio Diversification. Adding foreign fixed income securities to a portfolio of domestic securities offers U.S. investors greater diversification and the potential for reduced volatility.
  • International Expertise. Our experienced and diverse team of investment professionals operate in strategic locations around the world.
  • Local Resources. We access the research resources and expertise of local managers and analysts in China, Korea, India, Brazil and the United Arab Emirates.

Results

Hypothetical $10K Investment

Hypothetical $10K Investment

Investing in the Fund

What Are the Risks?
  • All investments involve risks, including possible loss of principal.
  • Bond prices generally move in the opposite direction of interest rates, thus the fund’s share price may decline as the prices of bonds adjust to a rise in interest rates.
  • Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments.
  • Investments in developing markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity.
  • Risks associated with higher-yielding, lower-rated securities include higher risk of default and loss of principal.
  • The fund’s use of foreign currency techniques involve special risks as such techniques may not achieve the anticipated benefits and/or may result in losses to the fund.
  • The Fund is a non-diversified fund. It may invest a greater portion of its assets in the securities of any one issuer and invest in a smaller number of issuers overall than a diversified fund.
  • These and other risk considerations are described in the fund’s prospectus.

Minimum Investment

$1,000.00

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

Footnotes

For U.S. residents only.