Templeton Releases Closed-End Fund Portfolio Allocation Update
|From:||Franklin Templeton Investments|
Fort Lauderdale, Florida, August 20, 2004. The Templeton closed-end Fund referenced below, which trades on the New York Stock Exchange, today released a portfolio allocation update containing the following information as of July 31, 2004:
- Asset Allocation
- Portfolio Characteristics
- Net Currency Distribution
- Country Distribution
To obtain a copy of the update, please contact Fund Information at 1-800-342-5236.
Templeton closed-end Fund: Templeton Global Income Fund (NYSE: GIM)
The Fund's investment adviser is a subsidiary of Franklin Resources, Inc. (NYSE: BEN), a global investment organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series and Fiduciary Trust investment teams. The San Mateo, CA-based company has more than 50 years of investment experience and over $347 billion in assets under management as of July 31, 2004. For more information, please call 1-800/DIAL BENÂ® (1-800-342-5236) or visit franklintempleton.com.
TEMPLETON GLOBAL INCOME FUND
|PERCENT OF TOTAL NET ASSETS||PORTFOLIO CHARACTERISTICS|
|CASH & OTHER||2.7%||WEIGHTED AVG. CREDIT QUALITY||A+|
|FIXED INCOME||97.3%||WEIGHTED AVG. MATURITY||5 yrs.|
|WEIGHTED AVG. DURATION||3.83 yrs.|
|100.0%||WEIGHTED AVG. COUPON||6.967%|
|NET CURRENCY DISTRIBUTION||PERCENT OF TOTAL NET ASSETS||COUNTRY DISTRIBUTION||PERCENT OF TOTAL NET ASSETS|
|SOUTH KOREA WON||12.3%||PHILIPPINES||1.8%|
|THAILAND BAHT||6.1%||SOUTH KOREA||12.3%|
|AUSTRALIAN DLR||5.9%||AUSTRALIA/NEW ZELAND||13.4%|
|N ZEAL DOLLAR||7.5%||AUSTRALIA||5.9%|
|EURO MON UNIT||26.2%||BELGIUM||2.9%|
|US DOLLAR||13.4%||IRISH REPUBLIC||1.3%|
You may request a copy of the Fund's current Report to Shareholders by contacting Fund Information at 1-800/DIAL BENÂ® (1-800-342-5236). Since markets can go down as well as up, investment return and principal value will fluctuate with market conditions, currency volatility, and the economic, social and political climates of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. You may have a gain or loss when you sell your shares. The information provided is as of the date shown. The Fund's portfolio is actively managed and investment allocations can be expected to change.
* EQUITY INCLUDES CONVERTIBLE AND PREFERRED SECURITIES.