# EDGAR Filing Document

**Accession Number:** 0000916488
**File Stem:** 0001133228-25-009011
**Filing Date:** 2025-8
**Character Count:** 184749
**Document Hash:** 6487f6ba9d4a7d80abb79d06f6c2c265
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001133228-25-009011.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001133228-25-009011

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 33

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**EFFECTIVENESS DATE**: 20250827

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TEMPLETON GLOBAL INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000916488

**ORGANIZATION NAME:**
- **EIN:** 650568935
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08226
- **FILM NUMBER:** 251263832

**BUSINESS ADDRESS:**
- **STREET 1:** 300 S.E. 2ND STREET
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33301-1923
- **BUSINESS PHONE:** 9545727591

**MAIL ADDRESS:**
- **STREET 1:** 300 S.E. 2ND STREET
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33301-1923

## Series and Classes Contracts Data

### Templeton Global Balanced Fund (Series ID: S000008749)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000023820 | Class C       | FCGBX           |
| C000023821 | Class R       |  |
| C000023822 | Advisor Class | TZINX           |
| C000023823 | Class A1      | TINCX           |
| C000102038 | Class C1      | TCINX           |
| C000105289 | Class A       | TAGBX           |
| C000128755 | Class R6      |  |

?xml version='1.0' encoding='ASCII'? 2025-07-1774200027200_TempletonGlobalBalancedFund_ClassA_TSRSemiAnnual

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**FORM N-CSR**

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number **811-08226**

**Templeton Global Investment Trust**

(Exact name of registrant as specified in charter)

**300 S.E. 2<sup>nd</sup> Street, Fort Lauderdale, FL 33301-1923**

(Address of principal executive offices) (Zip code)

Alison Baur

Franklin Templeton

One Franklin Parkway

San Mateo, CA 94403-1906

(Name and address of agent for service)

Registrant's telephone number, including area code: **954 527-7500**

Date of fiscal year end: **December 31**

Date of reporting period: **June 30, 2025**

ITEM 1. REPORT TO STOCKHOLDERS.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Report to Shareholders is filed herewith

---

| | |
|:---|:---|
| **Templeton Global Balanced Fund**  | ![image](img2199_202405220716489.jpg) |
| Class A [TAGBX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| June 30, 2025  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Global Balanced Fund for the period January 1, 2025, to June 30, 2025.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class A | $64 | 1.20% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of June 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $308137669 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 125 |
| **Portfolio Turnover Rate** | 32.48% |

---

\* Does not include derivatives, except purchased options, if any.

**WHAT DID THE FUND INVEST IN?** (as of June 30, 2025)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts4524img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Templeton Global Balanced Fund PAGE 1 325-STSR-0825

24.69.47.66.75.33.83.13.12.82.62.62.62.42.21.61.51.51.51.47.16.6 ------

---

| | |
|:---|:---|
| **Templeton Global Balanced Fund**  | ![image](img2199_202405220716489.jpg) |
| Class A1 [TINCX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| June 30, 2025  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Global Balanced Fund for the period January 1, 2025, to June 30, 2025.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class A1 | $64 | 1.20% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of June 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $308137669 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 125 |
| **Portfolio Turnover Rate** | 32.48% |

---

\* Does not include derivatives, except purchased options, if any.

**WHAT DID THE FUND INVEST IN?** (as of June 30, 2025)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts4522img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Templeton Global Balanced Fund PAGE 1 425-STSR-0825

24.69.47.66.75.33.83.13.12.82.62.62.62.42.21.61.51.51.51.47.16.6 ------

---

| | |
|:---|:---|
| **Templeton Global Balanced Fund**  | ![image](img2199_202405220716489.jpg) |
| Class C [FCGBX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| June 30, 2025  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Global Balanced Fund for the period January 1, 2025, to June 30, 2025.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class C | $104 | 1.95% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of June 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $308137669 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 125 |
| **Portfolio Turnover Rate** | 32.48% |

---

\* Does not include derivatives, except purchased options, if any.

**WHAT DID THE FUND INVEST IN?** (as of June 30, 2025)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts4528img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Templeton Global Balanced Fund PAGE 1 225-STSR-0825

24.69.47.66.75.33.83.13.12.82.62.62.62.42.21.61.51.51.51.47.16.6 ------

---

| | |
|:---|:---|
| **Templeton Global Balanced Fund**  | ![image](img2199_202405220716489.jpg) |
| Class C1 [TCINX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| June 30, 2025  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Global Balanced Fund for the period January 1, 2025, to June 30, 2025.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class C1 | $85 | 1.60% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of June 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $308137669 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 125 |
| **Portfolio Turnover Rate** | 32.48% |

---

\* Does not include derivatives, except purchased options, if any.

**WHAT DID THE FUND INVEST IN?** (as of June 30, 2025)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts4526img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Templeton Global Balanced Fund PAGE 1 525-STSR-0825

24.69.47.66.75.33.83.13.12.82.62.62.62.42.21.61.51.51.51.47.16.6 ------

---

| | |
|:---|:---|
| **Templeton Global Balanced Fund**  | ![image](img2199_202405220716489.jpg) |
| Class R  | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| June 30, 2025  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Global Balanced Fund for the period January 1, 2025, to June 30, 2025.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class R | $77 | 1.45% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of June 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $308137669 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 125 |
| **Portfolio Turnover Rate** | 32.48% |

---

\* Does not include derivatives, except purchased options, if any.

**WHAT DID THE FUND INVEST IN?** (as of June 30, 2025)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts4532img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Templeton Global Balanced Fund PAGE 1 825-STSR-0825

24.69.47.66.75.33.83.13.12.82.62.62.62.42.21.61.51.51.51.47.16.6 ------

---

| | |
|:---|:---|
| **Templeton Global Balanced Fund**  | ![image](img2199_202405220716489.jpg) |
| Class R6 [FGGBX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| June 30, 2025  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Global Balanced Fund for the period January 1, 2025, to June 30, 2025.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class R6 | $48 | 0.89% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of June 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $308137669 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 125 |
| **Portfolio Turnover Rate** | 32.48% |

---

\* Does not include derivatives, except purchased options, if any.

**WHAT DID THE FUND INVEST IN?** (as of June 30, 2025)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts4530img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Templeton Global Balanced Fund PAGE 1 359-STSR-0825

24.69.47.66.75.33.83.13.12.82.62.62.62.42.21.61.51.51.51.47.16.6 ------

---

| | |
|:---|:---|
| **Templeton Global Balanced Fund**  | ![image](img2199_202405220716489.jpg) |
| Advisor Class [TZINX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| June 30, 2025  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Global Balanced Fund for the period January 1, 2025, to June 30, 2025.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Advisor Class | $51 | 0.95% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of June 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $308137669 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 125 |
| **Portfolio Turnover Rate** | 32.48% |

---

\* Does not include derivatives, except purchased options, if any.

**WHAT DID THE FUND INVEST IN?** (as of June 30, 2025)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts4519img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Templeton Global Balanced Fund PAGE 1 625-STSR-0825

24.69.47.66.75.33.83.13.12.82.62.62.62.42.21.61.51.51.51.47.16.6 ------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable

ITEM 2. CODE OF ETHICS.

Not applicable.

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Not applicable.

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Not applicable.

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

Not applicable.

ITEM 6. SCHEDULE OF INVESTMENTS.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Please see schedule of investments contained in the Financial Statements and Financial Highlights included under Item 7 of this Form N-CSR.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

ITEM 7. FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

#### Templeton

#### Global

#### Balanced

#### Fund

#### Financial

#### Statements

#### and

#### Other

#### Important

#### Information

#### Semi-Annual
\|

June

30,

2025

#### Table

#### of

#### Contents
franklintempleton.com

Financial

Statements

and

Other

Important

Information—Semiannual

Financial

Highlights

and

Schedule

of

Investments

#### 2
Financial

Statements

#### 17
Notes

to

Financial

Statements

#### 22
Changes

In

and

Disagreements

with

Accountants

#### 38
Results

of

Meeting(s)

of

Shareholders

Remuneration

Paid

to

Directors,

Officers

and

Others

Board

Approval

of

Management

and

Subadvisory

Agreements

Templeton

Global

Investment

Trust

Financial

Highlights

#### Templeton

#### Global

#### Balanced

#### Fund
franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

#### Six

#### Months

#### Ended

#### June

#### 30,

#### 2025
(unaudited)

#### Year

#### Ended

#### December

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### \*

#### 2020

#### a

#### Class

#### A

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$2.37

$2.48

$2.26

$2.72

$2.82

$2.84

Income

from

investment

operations

b

:

Net

investment

income

c

.............

0.07 0.12 0.08 0.07 0.05 0.07 Net

realized

and

unrealized

gains

(losses)

0.29 (0.11)

0.23 (0.46)

(0.09)

(0.04)

Total

from

investment

operations

........

0.36 0.01 0.31 (0.39)

(0.04)

0.03 Less

distributions

from:

Net

investment

income

..............

(0.03)

(0.05)

—

—

—

(0.05)

Tax

return

of

capital

................

—

(0.07)

(0.09)

(0.07)

(0.06)

—

Total

distributions

...................

(0.03)

(0.12)

(0.09)

(0.07)

(0.06)

(0.05)

Net

asset

value,

end

of

period

..........

$2.70

$2.37

$2.48

$2.26

$2.72

$2.82

Total

return

d

.......................

15.40%

0.44%

13.80%

(14.28)%

(1.54)%

1.49%

#### Ratios

#### to

#### average

#### net

#### assets

#### e
Expenses

before

waiver

and

payments

by

affiliates

and

expense

reduction

........

1.27%

1.25%

1.32%

1.32%

1.30%

1.30%

Expenses

net

of

waiver

and

payments

by

affiliates

..........................

1.20%

1.20%

1.23%

1.20%

1.20%

1.26%

Expenses

net

of

waiver

and

payments

by

affiliates

and

expense

reduction

........

1.20%

1.20%

1.20%

1.20%

f

1.20%

f

1.26%

f

Net

investment

income

...............

5.36%

4.78%

3.53%

2.80%

1.89%

2.85%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

........

$180,528

$169,356

$206,734

$210,786

$302,724

$354,879

Portfolio

turnover

rate

................

32.48%

43.31%

61.11%

56.93%

52.63%

74.03%

\*

Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV

from

January

1,

2021

through

April

27,

2021. a

Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV. b

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Consolidated

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

c

Based

on

average

daily

shares

outstanding.

d

Total

return

does

not

reflect

sales

commissions

or

contingent

deferred

sales

charges,

if

applicable,

and

is

not

annualized

for

periods

less

than

one

year.

e

Ratios

are

annualized

for

periods

less

than

one

year.

f

Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Templeton

Global

Investment

Trust

Financial

Highlights

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

#### Six

#### Months

#### Ended

#### June

#### 30,

#### 2025
(unaudited)

#### Year

#### Ended

#### December

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### \*

#### 2020

#### a

#### Class

#### A1

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$2.38

$2.49

$2.27

$2.73

$2.83

$2.84

Income

from

investment

operations

b

:

Net

investment

income

c

.............

0.07 0.12 0.08 0.07 0.05 0.07 Net

realized

and

unrealized

gains

(losses)

0.29 (0.11)

0.23 (0.46)

(0.09)

(0.03)

Total

from

investment

operations

........

0.36 0.01 0.31 (0.39)

(0.04)

0.04 Less

distributions

from:

Net

investment

income

..............

(0.03)

(0.05)

—

—

—

(0.05)

Tax

return

of

capital

................

—

(0.07)

(0.09)

(0.07)

(0.06)

—

Total

distributions

...................

(0.03)

(0.12)

(0.09)

(0.07)

(0.06)

(0.05)

Net

asset

value,

end

of

period

..........

$2.71

$2.38

$2.49

$2.27

$2.73

$2.83

Total

return

d

.......................

15.33%

0.44%

13.75%

(14.21)%

(1.53)%

1.49%

#### Ratios

#### to

#### average

#### net

#### assets

#### e
Expenses

before

waiver

and

payments

by

affiliates

and

expense

reduction

........

1.27%

1.25%

1.32%

1.32%

1.30%

1.30%

Expenses

net

of

waiver

and

payments

by

affiliates

..........................

1.20%

1.20%

1.23%

1.20%

1.20%

1.26%

Expenses

net

of

waiver

and

payments

by

affiliates

and

expense

reduction

........

1.20%

1.20%

1.20%

1.20%

f

1.20%

f

1.26%

f

Net

investment

income

...............

5.36%

4.77%

3.53%

2.80%

1.89%

2.86%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

........

$87,367

$83,609

$104,309

$108,558

$165,287

$198,816

Portfolio

turnover

rate

................

32.48%

43.31%

61.11%

56.93%

52.63%

74.03%

\*

Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV

from

January

1,

2021

through

April

27,

2021. a

Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV. b

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Consolidated

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

c

Based

on

average

daily

shares

outstanding.

d

Total

return

does

not

reflect

sales

commissions

or

contingent

deferred

sales

charges,

if

applicable,

and

is

not

annualized

for

periods

less

than

one

year.

e

Ratios

are

annualized

for

periods

less

than

one

year.

f

Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Templeton

Global

Investment

Trust

Financial

Highlights

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

#### Six

#### Months

#### Ended

#### June

#### 30,

#### 2025
(unaudited)

#### Year

#### Ended

#### December

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### \*

#### 2020

#### a

#### Class

#### C

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$2.37

$2.48

$2.26

$2.71

$2.81

$2.82

Income

from

investment

operations

b

:

Net

investment

income

c

.............

0.06 0.10 0.06 0.05 0.03 0.05 Net

realized

and

unrealized

gains

(losses)

0.29 (0.11)

0.23 (0.45)

(0.10)

(0.03)

Total

from

investment

operations

........

0.35 (0.01)

0.29 (0.40)

(0.07)

0.02 Less

distributions

from:

Net

investment

income

..............

(0.02)

(0.04)

—

—

—

(0.03)

Tax

return

of

capital

................

—

(0.06)

(0.07)

(0.05)

(0.03)

—

Total

distributions

...................

(0.02)

(0.10)

(0.07)

(0.05)

(0.03)

(0.03)

Net

asset

value,

end

of

period

..........

$2.70

$2.37

$2.48

$2.26

$2.71

$2.81

Total

return

d

.......................

14.95%

(0.33)%

12.90%

(14.68)%

(2.37)%

0.68%

#### Ratios

#### to

#### average

#### net

#### assets

#### e
Expenses

before

waiver

and

payments

by

affiliates

and

expense

reduction

........

2.02%

2.00%

2.07%

2.08%

2.04%

2.04%

Expenses

net

of

waiver

and

payments

by

affiliates

..........................

1.95%

1.95%

1.98%

1.95%

1.95%

2.00%

Expenses

net

of

waiver

and

payments

by

affiliates

and

expense

reduction

........

1.95%

1.95%

1.95%

1.95%

f

1.95%

f

2.00%

f

Net

investment

income

...............

4.60%

4.02%

2.74%

2.02%

1.12%

2.02%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

........

$9,576

$9,951

$13,259

$18,904

$39,982

$83,658

Portfolio

turnover

rate

................

32.48%

43.31%

61.11%

56.93%

52.63%

74.03%

\*

Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV

from

January

1,

2021

through

April

27,

2021. a

Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV. b

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Consolidated

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

c

Based

on

average

daily

shares

outstanding.

d

Total

return

does

not

reflect

sales

commissions

or

contingent

deferred

sales

charges,

if

applicable,

and

is

not

annualized

for

periods

less

than

one

year.

e

Ratios

are

annualized

for

periods

less

than

one

year.

f

Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Templeton

Global

Investment

Trust

Financial

Highlights

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

#### Six

#### Months

#### Ended

#### June

#### 30,

#### 2025
(unaudited)

#### Year

#### Ended

#### December

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### \*

#### 2020

#### a

#### Class

#### C1

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$2.39

$2.50

$2.27

$2.73

$2.83

$2.84

Income

from

investment

operations

b

:

Net

investment

income

c

.............

0.06 0.11 0.07 0.06 0.04 0.06 Net

realized

and

unrealized

gains

(losses)

0.30 (0.11)

0.24 (0.46)

(0.10)

(0.03)

Total

from

investment

operations

........

0.36 —

0.31 (0.40)

(0.06)

0.03 Less

distributions

from:

Net

investment

income

..............

(0.03)

(0.05)

—

—

—

(0.04)

Tax

return

of

capital

................

—

(0.06)

(0.08)

(0.06)

(0.04)

—

Total

distributions

...................

(0.03)

(0.11)

(0.08)

(0.06)

(0.04)

(0.04)

Net

asset

value,

end

of

period

..........

$2.72

$2.39

$2.50

$2.27

$2.73

$2.83

Total

return

d

.......................

15.05%

0.05%

13.71%

(14.61)%

(2.06)%

1.01%

#### Ratios

#### to

#### average

#### net

#### assets

#### e
Expenses

before

waiver

and

payments

by

affiliates

and

expense

reduction

........

1.67%

1.65%

1.72%

1.72%

1.68%

1.70%

Expenses

net

of

waiver

and

payments

by

affiliates

..........................

1.60%

1.60%

1.63%

1.60%

1.60%

1.66%

Expenses

net

of

waiver

and

payments

by

affiliates

and

expense

reduction

........

1.60%

1.60%

1.60%

1.60%

f

1.60%

f

1.66%

f

Net

investment

income

...............

4.97%

4.35%

3.07%

2.39%

1.46%

2.32%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

........

$1,107

$1,047

$1,340

$1,876

$3,535

$13,050

Portfolio

turnover

rate

................

32.48%

43.31%

61.11%

56.93%

52.63%

74.03%

\*

Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV

from

January

1,

2021

through

April

27,

2021. a

Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV. b

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Consolidated

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

c

Based

on

average

daily

shares

outstanding.

d

Total

return

does

not

reflect

sales

commissions

or

contingent

deferred

sales

charges,

if

applicable,

and

is

not

annualized

for

periods

less

than

one

year.

e

Ratios

are

annualized

for

periods

less

than

one

year.

f

Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Templeton

Global

Investment

Trust

Financial

Highlights

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

#### Six

#### Months

#### Ended

#### June

#### 30,

#### 2025
(unaudited)

#### Year

#### Ended

#### December

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### \*

#### 2020

#### a

#### Class

#### R

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$2.39

$2.50

$2.27

$2.74

$2.84

$2.85

Income

from

investment

operations

b

:

Net

investment

income

c

.............

0.06 0.11 0.08 0.06 0.05 0.07 Net

realized

and

unrealized

gains

(losses)

0.30 (0.10)

0.23 (0.46)

(0.10)

(0.03)

Total

from

investment

operations

........

0.36 0.01 0.31 (0.40)

(0.05)

0.04 Less

distributions

from:

Net

investment

income

..............

(0.03)

(0.06)

—

—

—

(0.05)

Tax

return

of

capital

................

—

(0.06)

(0.08)

(0.07)

(0.05)

—

Total

distributions

...................

(0.03)

(0.12)

(0.08)

(0.07)

(0.05)

(0.05)

Net

asset

value,

end

of

period

..........

$2.72

$2.39

$2.50

$2.27

$2.74

$2.84

Total

return

d

.......................

15.14%

0.21%

13.92%

(14.77)%

(1.77)%

1.68%

#### Ratios

#### to

#### average

#### net

#### assets

#### e
Expenses

before

waiver

and

payments

by

affiliates

and

expense

reduction

........

1.52%

1.50%

1.57%

1.58%

1.53%

1.43%

Expenses

net

of

waiver

and

payments

by

affiliates

..........................

1.45%

1.45%

1.48%

1.45%

1.44%

1.40%

Expenses

net

of

waiver

and

payments

by

affiliates

and

expense

reduction

........

1.45%

1.45%

1.45%

1.45%

f

1.44%

f

1.40%

f

Net

investment

income

...............

5.11%

4.54%

3.30%

2.58%

1.66%

2.63%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

........

$700

$634

$647

$596

$1,206

$1,591

Portfolio

turnover

rate

................

32.48%

43.31%

61.11%

56.93%

52.63%

74.03%

#### \*
Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV

from

January

1,

2021

through

April

27,

2021. #### a
Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV. #### b
The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Consolidated

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

#### c
Based

on

average

daily

shares

outstanding.

#### d
Total

return

is

not

annualized

for

periods

less

than

one

year.

#### e
Ratios

are

annualized

for

periods

less

than

one

year.

#### f
Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Templeton

Global

Investment

Trust

Financial

Highlights

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

#### Six

#### Months

#### Ended

#### June

#### 30,

#### 2025
(unaudited)

#### Year

#### Ended

#### December

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### \*

#### 2020

#### a

#### Class

#### R6

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$2.38

$2.49

$2.27

$2.73

$2.83

$2.85

Income

from

investment

operations

b

:

Net

investment

income

c

.............

0.07 0.13 0.09 0.07 0.06 0.08 Net

realized

and

unrealized

gains

(losses)

0.30 (0.11)

0.22 (0.45)

(0.09)

(0.04)

Total

from

investment

operations

........

0.37 0.02 0.31 (0.38)

(0.03)

0.04 Less

distributions

from:

Net

investment

income

..............

(0.04)

(0.06)

—

—

—

(0.06)

Tax

return

of

capital

................

—

(0.07)

(0.09)

(0.08)

(0.07)

—

Total

distributions

...................

(0.04)

(0.13)

(0.09)

(0.08)

(0.07)

(0.06)

Net

asset

value,

end

of

period

..........

$2.71

$2.38

$2.49

$2.27

$2.73

$2.83

Total

return

d

.......................

15.50%

0.79%

14.12%

(13.90)%

(1.19)%

1.87%

#### Ratios

#### to

#### average

#### net

#### assets

#### e
Expenses

before

waiver

and

payments

by

affiliates

and

expense

reduction

........

0.98%

0.95%

1.00%

0.98%

1.01%

0.99%

Expenses

net

of

waiver

and

payments

by

affiliates

..........................

0.89%

0.88%

0.92%

0.90%

0.86%

0.90%

Expenses

net

of

waiver

and

payments

by

affiliates

and

expense

reduction

........

0.89%

0.88%

0.89%

0.90%

f

0.86%

f

0.90%

f

Net

investment

income

...............

5.65%

5.15%

3.86%

3.10%

2.23%

3.18%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

........

$3,012

$2,953

$3,541

$2,388

$3,227

$4,624

Portfolio

turnover

rate

................

32.48%

43.31%

61.11%

56.93%

52.63%

74.03%

#### \*
Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV

from

January

1,

2021

through

April

27,

2021. #### a
Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV. #### b
The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Consolidated

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

#### c
Based

on

average

daily

shares

outstanding.

#### d
Total

return

is

not

annualized

for

periods

less

than

one

year.

#### e
Ratios

are

annualized

for

periods

less

than

one

year.

#### f
Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Templeton

Global

Investment

Trust

Financial

Highlights

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

#### Six

#### Months

#### Ended

#### June

#### 30,

#### 2025
(unaudited)

#### Year

#### Ended

#### December

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### \*

#### 2020

#### a

#### Advisor

#### Class

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$2.39

$2.50

$2.27

$2.74

$2.84

$2.85

Income

from

investment

operations

b

:

Net

investment

income

c

.............

0.07 0.13 0.09 0.07 0.06 0.08 Net

realized

and

unrealized

gains

(losses)

0.30 (0.11)

0.23 (0.46)

(0.09)

(0.03)

Total

from

investment

operations

........

0.37 0.02 0.32 (0.39)

(0.03)

0.05 Less

distributions

from:

Net

investment

income

..............

(0.04)

(0.06)

—

—

—

(0.06)

Tax

return

of

capital

................

—

(0.07)

(0.09)

(0.08)

(0.07)

—

Total

distributions

...................

(0.04)

(0.13)

(0.09)

(0.08)

(0.07)

(0.06)

Net

asset

value,

end

of

period

..........

$2.72

$2.39

$2.50

$2.27

$2.74

$2.84

Total

return

d

.......................

15.41%

0.70%

14.48%

(14.32)%

(1.28)%

1.75%

#### Ratios

#### to

#### average

#### net

#### assets

#### e
Expenses

before

waiver

and

payments

by

affiliates

and

expense

reduction

........

1.02%

1.00%

1.07%

1.07%

1.05%

1.04%

Expenses

net

of

waiver

and

payments

by

affiliates

..........................

0.95%

0.95%

0.98%

0.95%

0.95%

1.00%

Expenses

net

of

waiver

and

payments

by

affiliates

and

expense

reduction

........

0.95%

0.95%

0.95%

0.95%

f

0.95%

f

1.00%

f

Net

investment

income

...............

5.61%

5.03%

3.77%

3.04%

2.14%

3.00%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

........

$25,847

$24,152

$29,498

$32,777

$57,537

$77,426

Portfolio

turnover

rate

................

32.48%

43.31%

61.11%

56.93%

52.63%

74.03%

#### \*
Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV

from

January

1,

2021

through

April

27,

2021. #### a
Includes

the

consolidated

operations

of

FT

Holdings

Corporation

IV. #### b
The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Consolidated

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

#### c
Based

on

average

daily

shares

outstanding.

#### d
Total

return

is

not

annualized

for

periods

less

than

one

year.

#### e
Ratios

are

annualized

for

periods

less

than

one

year.

#### f
Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited),

June

30,

2025

#### Templeton

#### Global

#### Balanced

#### Fund
franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

.

a

a

#### Industry

#### Shares
a

#### Value
a

#### Common

#### Stocks

#### 47.4%

#### China

#### 0.7%
Lenovo

Group

Ltd.

...............

Technology

Hardware,

Storage

&

Peripherals

1,652,000

$

1,995,935

#### Germany

#### 7.2%
Daimler

Truck

Holding

AG

..........

Machinery

59,002

2,799,289

Deutsche

Post

AG

................

Air

Freight

&

Logistics

91,560

4,241,046

Deutsche

Telekom

AG

.............

Diversified

Telecommunication

Services

101,517

3,715,888

Fresenius

Medical

Care

AG

.........

Health

Care

Providers

&

Services

83,189

4,779,638

Infineon

Technologies

AG

..........

Semiconductors

&

Semiconductor

Equipment

56,040

2,391,341

Siemens

AG

....................

Industrial

Conglomerates

16,778

4,309,567

22,236,769

#### Japan

#### 6.4%
Mitsubishi

Electric

Corp.

...........

Electrical

Equipment

210,000

4,516,885

SoftBank

Corp.

..................

Wireless

Telecommunication

Services

2,497,200

3,868,042

Sumitomo

Mitsui

Financial

Group,

Inc.

.

Banks

242,100

6,096,311

Tokyo

Electron

Ltd.

...............

Semiconductors

&

Semiconductor

Equipment

27,500

5,266,510

19,747,748

#### Netherlands

#### 2.4%
ING

Groep

NV

..................

Banks

205,411

4,502,135

SBM

Offshore

NV

................

Energy

Equipment

&

Services

112,783

2,981,825

7,483,960

#### South

#### Africa

#### 0.0%
a,b,c

K2016470219

South

Africa

Ltd.,

A

....

Broadline

Retail

32,900,733

—

a,b,c

K2016470219

South

Africa

Ltd.,

B

....

Broadline

Retail

4,646,498

—

—

#### South

#### Korea

#### 1.4%
Samsung

Electronics

Co.

Ltd.

.......

Technology

Hardware,

Storage

&

Peripherals

97,802

4,324,963

#### Taiwan

#### 2.7%
Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

......................

Semiconductors

&

Semiconductor

Equipment

226,300

8,275,645

#### United

#### Kingdom

#### 8.9%
AstraZeneca

plc

.................

Pharmaceuticals

27,516

3,829,379

Barratt

Redrow

plc

...............

Household

Durables

705,586

4,418,374

d

HSBC

Holdings

plc,

ADR

..........

Banks

70,100

4,261,379

Imperial

Brands

plc

...............

Tobacco

151,413

5,982,353

Lloyds

Banking

Group

plc

..........

Banks

4,342,175

4,565,875

Standard

Chartered

plc

............

Banks

266,723

4,413,878

27,471,238

#### United

#### States

#### 17.7%
Alphabet,

Inc.,

A

.................

Interactive

Media

&

Services

19,085

3,363,350

BP

plc

.........................

Oil,

Gas

&

Consumable

Fuels

1,140,471

5,682,166

Cisco

Systems,

Inc.

..............

Communications

Equipment

65,477

4,542,794

CNH

Industrial

NV

................

Machinery

311,090

4,031,726

CVS

Health

Corp.

................

Health

Care

Providers

&

Services

57,962

3,998,219

Dell

Technologies,

Inc.,

C

..........

Technology

Hardware,

Storage

&

Peripherals

42,626

5,225,948

Delta

Air

Lines,

Inc.

...............

Passenger

Airlines

35,722

1,756,808

DuPont

de

Nemours,

Inc.

..........

Chemicals

52,772

3,619,631

KeyCorp

.......................

Banks

245,453

4,275,791

PNC

Financial

Services

Group,

Inc.

(The)

........................

Banks

20,141

3,754,685

Shell

plc

.......................

Oil,

Gas

&

Consumable

Fuels

114,373

4,016,722

Target

Corp.

....................

Consumer

Staples

Distribution

&

Retail

32,958

3,251,307

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Industry

#### Shares
a

#### Value
a

#### Common

#### Stocks
(continued)

#### United

#### States
(continued)

UnitedHealth

Group,

Inc.

...........

Health

Care

Providers

&

Services

7,841

$

2,446,157

Wells

Fargo

&

Co.

................

Banks

55,378

4,436,885

54,402,189

#### Total

#### Common

#### Stocks

#### (Cost

#### $110,134,018)

#### .....................................

#### 145,938,447
a

e

#### Equity-Linked

#### Securities

#### 5.3%

#### United

#### States

#### 5.3%
f

Royal

Bank

of

Canada

into

Fidelity

National

Information

Services,

Inc.,

144A,

7.71%,

2/03/26

............

Financial

Services

51,754

4,198,844

f

Royal

Bank

of

Canada

into

Freeport-

McMoRan,

Inc.,

144A,

16.79%,

2/03/26

......................

Metals

&

Mining

109,221

4,256,982

f

Royal

Bank

of

Canada

into

Zimmer

Biomet

Holdings,

Inc.,

144A,

6.41%,

2/03/26

......................

Health

Care

Equipment

&

Supplies

36,631

3,509,728

f

Wells

Fargo

Bank

NA

into

HCA

Healthcare,

Inc.,

144A,

8.77%,

2/04/26

......................

Health

Care

Providers

&

Services

13,000

4,487,315

16,452,869

#### Total

#### Equity-Linked

#### Securities

#### (Cost

#### $16,404,343)

#### ...............................

#### 16,452,869

#### Principal

#### Amount

#### \*
a

#### a
a

#### Corporate

#### Bonds

#### 0.0%

#### South

#### Africa

#### 0.0%
a,f,g

K2016470219

South

Africa

Ltd.

,

Senior

Secured

Note,

144A,

3%,

12/31/22

.....................

Broadline

Retail

2,851,217

—

Senior

Secured

Note,

144A,

8%,

12/31/22

.....................

Broadline

Retail

2,929,327

EUR

—

a,f,g

K2016470260

South

Africa

Ltd.

,

Senior

Secured

Note

,

144A,

%

,

12/31/22

.

Broadline

Retail

1,782,466

—

—

#### Total

#### Corporate

#### Bonds

#### (Cost

#### $4,389,520)

#### .......................................

#### —
a

a

#### Industry

#### Principal

#### Amount

#### \*
a

#### Value

#### Foreign

#### Government

#### and

#### Agency

#### Securities

#### 35.7%

#### Brazil

#### 2.5%
Brazil

Notas

do

Tesouro

Nacional

,

10%,

1/01/31

..................

14,887,000

BRL

2,384,956

10%,

1/01/33

..................

22,573,000

BRL

3,492,255

F,

10%,

1/01/29

................

10,513,000

BRL

1,770,056

7,647,267

#### Colombia

#### 3.6%
Colombia

Government

Bond,

Senior

Bond,

9.85%,

6/28/27

............

83,000,000

COP

19,973

Colombia

Titulos

de

Tesoreria

,

B,

7%,

3/26/31

.................

5,042,200,000

COP

1,001,781

B,

13.25%,

2/09/33

.............

3,803,300,000

COP

976,250

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Industry

#### Principal

#### Amount

#### \*
a

#### Value
a

a

#### a
a

#### Foreign

#### Government

#### and

#### Agency

#### Securities
(continued)

#### Colombia
(continued)

Colombia

Titulos

de

Tesoreria,

(continued)

B,

7.25%,

10/18/34

.............

6,802,000,000

COP

$

1,219,113

B,

6.25%,

7/09/36

..............

15,617,200,000

COP

2,475,019

B,

9.25%,

5/28/42

..............

28,915,500,000

COP

5,440,479

11,132,615

#### Dominican

#### Republic

#### 1.5%
f

Dominican

Republic

Government

Bond

,

Senior

Bond,

144A,

5.3%,

1/21/41

..

2,030,000

1,755,138

Senior

Bond,

144A,

6.4%,

6/05/49

..

760,000

713,146

Senior

Bond,

144A,

5.875%,

1/30/60

2,634,000

2,217,433

4,685,717

#### Ecuador

#### 1.4%
f

Ecuador

Government

Bond,

Senior

Bond,

144A,

5.5%,

7/31/35

........

5,935,000

4,322,106

#### Egypt

#### 1.1%
Egypt

Government

Bond

,

25.151%,

4/16/27

...............

101,600,000

EGP

2,072,183

f

Senior

Bond,

144A,

8.75%,

9/30/51

.

1,030,000

846,550

f

Senior

Bond,

144A,

7.5%,

2/16/61

..

510,000

371,916

3,290,649

#### El

#### Salvador

#### 0.0%

#### †
f

El

Salvador

Government

Bond,

Senior

Bond,

144A,

7.65%,

6/15/35

.......

25,000

24,250

#### Gabon

#### 1.2%
f

Gabon

Government

Bond

,

Senior

Bond,

144A,

6.625%,

2/06/31

2,520,000

2,012,035

Senior

Bond,

144A,

7%,

11/24/31

...

2,160,000

1,722,607

3,734,642

#### Ghana

#### 0.8%
h

Ghana

Government

Bond

,

PIK,

8.35%,

2/16/27

.............

3,497,849

GHS

286,079

PIK,

8.5%,

2/15/28

..............

3,485,803

GHS

257,103

PIK,

8.65%,

2/13/29

.............

3,743,677

GHS

255,635

PIK,

8.8%,

2/12/30

..............

4,366,567

GHS

280,448

PIK,

8.95%,

2/11/31

.............

1,662,004

GHS

100,483

PIK,

9.1%,

2/10/32

..............

3,958,500

GHS

228,682

PIK,

9.25%,

2/08/33

.............

3,543,262

GHS

197,147

PIK,

9.4%,

2/07/34

..............

3,398,749

GHS

181,704

PIK,

9.55%,

2/06/35

.............

2,956,443

GHS

154,634

PIK,

9.7%,

2/05/36

..............

3,642,421

GHS

187,594

PIK,

9.85%,

2/03/37

.............

2,066,847

GHS

105,390

PIK,

10%,

2/02/38

..............

2,994,077

GHS

151,819

2,386,718

#### Greece

#### 0.5%
f

Greece

Government

Bond

,

Senior

Bond,

144A,

Reg

S,

4.25%,

6/15/33

......................

514,000

EUR

656,785

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Industry

#### Principal

#### Amount

#### \*
a

#### Value
a

a

#### a
a

#### Foreign

#### Government

#### and

#### Agency

#### Securities
(continued)

#### Greece
(continued)

f

Greece

Government

Bond,

(continued)

Senior

Bond,

144A,

Reg

S,

3.375%,

6/15/34

......................

580,000

EUR

$

694,629

1,351,414

#### India

#### 5.1%
India

Government

Bond

,

Senior

Bond,

7.26%,

8/22/32

......

664,300,000

INR

8,170,957

Senior

Bond,

7.18%,

8/14/33

......

221,200,000

INR

2,702,004

Senior

Note,

7.1%,

4/18/29

.......

391,100,000

INR

4,726,714

15,599,675

#### Ivory

#### Coast

#### 0.5%
f

Ivory

Coast

Government

Bond

,

Senior

Bond,

144A,

6.875%,

10/17/40

957,000

EUR

960,937

Senior

Bond,

144A,

6.625%,

3/22/48

650,000

EUR

598,436

1,559,373

#### Kazakhstan

#### 3.0%
Kazakhstan

MEOKAM

,

10.67%,

1/21/26

................

159,600,000

KZT

297,943

15.35%,

11/18/27

...............

27,100,000

KZT

50,532

Kazakhstan

MEUKAM

,

9%,

7/03/27

...................

365,400,000

KZT

612,286

10.4%,

4/12/28

................

225,400,000

KZT

376,537

15.3%,

3/03/29

................

833,280,000

KZT

1,569,061

10.55%,

7/28/29

................

54,200,000

KZT

88,732

11%,

2/04/30

..................

127,900,000

KZT

210,790

12%,

3/07/30

..................

265,690,000

KZT

454,517

12%,

2/22/31

..................

354,290,000

KZT

604,620

10.3%,

3/17/31

................

1,747,020,000

KZT

2,783,635

14%,

5/12/31

..................

215,190,000

KZT

398,395

Senior

Bond,

5%,

4/18/28

........

207,450,000

KZT

302,061

Senior

Bond,

5.5%,

9/20/28

.......

388,700,000

KZT

557,471

Senior

Bond,

7.68%,

8/13/29

......

564,500,000

KZT

835,439

9,142,019

#### Kenya

#### 2.2%
f

Kenya

Government

Bond,

Senior

Note,

144A,

9.75%,

2/16/31

............

6,490,000

6,598,137

#### Mexico

#### 2.4%
Petroleos

Mexicanos

,

f

Senior

Bond,

Reg

S,

4.875%,

2/21/28

1,920,000

EUR

2,212,803

f

Senior

Bond,

Reg

S,

4.75%,

2/26/29

1,030,000

EUR

1,161,830

Senior

Note,

6.84%,

1/23/30

......

4,240,000

4,098,891

7,473,524

#### Nigeria

#### 0.6%
f

Nigeria

Government

Bond,

Senior

Bond,

144A,

10.375%,

12/09/34

.........

1,860,000

1,960,956

#### Panama

#### 1.4%
Panama

Government

Bond

,

Senior

Bond,

6.4%,

2/14/35

.......

590,000

575,861

Senior

Bond,

6.7%,

1/26/36

.......

2,650,000

2,641,750

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Industry

#### Principal

#### Amount

#### \*
a

#### Value
a

a

#### a
a

#### Foreign

#### Government

#### and

#### Agency

#### Securities
(continued)

#### Panama
(continued)

Panama

Government

Bond,

(continued)

Senior

Bond,

6.875%,

1/31/36

.....

1,150,000

$

1,146,267

4,363,878

#### Rwanda

#### 1.3%
f

Rwanda

Government

Bond,

Senior

Bond,

144A,

5.5%,

8/09/31

........

4,800,000

4,104,690

#### South

#### Africa

#### 2.9%
South

Africa

Government

Bond

,

Senior

Bond,

8.875%,

2/28/35

.....

79,410,000

ZAR

4,199,396

Senior

Bond,

8.5%,

1/31/37

.......

16,984,000

ZAR

836,319

Senior

Bond,

9%,

1/31/40

........

47,450,000

ZAR

2,320,812

Senior

Bond,

8.75%,

1/31/44

......

36,929,300

ZAR

1,697,023

9,053,550

#### Spain

#### 1.3%
f

Spain

Government

Bond

,

Senior

Bond,

144A,

Reg

S,

3.55%,

10/31/33

.....................

1,304,000

EUR

1,599,239

Senior

Bond,

144A,

Reg

S,

3.15%,

4/30/35

......................

2,110,000

EUR

2,482,138

4,081,377

#### Supranational

#### 0.1%
i

International

Bank

for

Reconstruction

&

Development,

Senior

Note,

6.89%,

2/06/30

......................

34,500,000

INR

407,106

#### Uruguay

#### 2.3%
j

Uruguay

Government

Bond

,

Index

Linked,

Senior

Bond,

3.7%,

6/26/37

......................

51,591,431

UYU

1,346,282

Index

Linked,

Senior

Bond,

3.875%,

7/02/40

......................

214,996,746

UYU

5,722,272

7,068,554

#### Total

#### Foreign

#### Government

#### and

#### Agency

#### Securities

#### (Cost

#### $110,877,717)

#### .............

#### 109,988,217

#### U.S.

#### Government

#### and

#### Agency

#### Securities

#### 0.4%

#### United

#### States

#### 0.4%
U.S.

Treasury

Bonds,

3.375%,

8/15/42

1,310,000

1,099,939

#### Total

#### U.S.

#### Government

#### and

#### Agency

#### Securities

#### (Cost

#### $1,189,212)

#### ..................

#### 1,099,939

#### Shares

#### Escrows

#### and

#### Litigation

#### Trusts

#### 0.0%

#### †
a,b

K2016470219

South

Africa

Ltd.,

Escrow

Account

......................

168,113

2,504

#### Total

#### Escrows

#### and

#### Litigation

#### Trusts

#### (Cost

#### $–)

#### ...................................

#### 2,504

#### Total

#### Long

#### Term

#### Investments

#### (Cost

#### $242,994,810)

#### ...............................

#### 273,481,976
Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Short

#### Term

#### Investments

#### 6.3%
a

#### a

#### Industry

#### Principal

#### Amount

#### \*
a

#### Value
a

a

#### a
a

#### Foreign

#### Government

#### and

#### Agency

#### Securities

#### 2.4%

#### Egypt

#### 2.4%
k

Egypt

Treasury

Bills

,

27.41%,

9/09/25

................

134,525,000

EGP

$

2,573,120

27.49%,

9/23/25

................

15,925,000

EGP

301,498

27.16%,

12/16/25

...............

43,575,000

EGP

779,183

26.44%,

3/10/26

................

74,375,000

EGP

1,264,534

26.3%,

3/24/26

................

69,200,000

EGP

1,167,450

25.75%,

6/30/26

................

77,325,000

EGP

1,252,018

7,337,803

#### Total

#### Foreign

#### Government

#### and

#### Agency

#### Securities

#### (Cost

#### $7,273,768)

#### ...............

#### 7,337,803

#### Shares

#### Money

#### Market

#### Funds

#### 3.2%

#### United

#### States

#### 3.2%
l,m

Institutional

Fiduciary

Trust

-

Money

Market

Portfolio,

4.332%

.........

9,981,851

9,981,851

#### Total

#### Money

#### Market

#### Funds

#### (Cost

#### $9,981,851)

#### ...................................

#### 9,981,851
n

#### Investments

#### from

#### Cash

#### Collateral

#### Received

#### for

#### Loaned

#### Securities

#### 0.7%

#### Money

#### Market

#### Funds

#### 0.7%
l,m

Institutional

Fiduciary

Trust

-

Money

Market

Portfolio,

4.332%

.........

2,027,000

2,027,000

#### Total

#### Investments

#### from

#### Cash

#### Collateral

#### Received

#### for

#### Loaned

#### Securities

#### (Cost

#### $2,027,000)
.................................................................

#### 2,027,000
a

#### a
a

a

#### Total

#### Short

#### Term

#### Investments

#### (Cost

#### $19,282,619

####)
................................

#### 19,346,654
a

#### a

#### Total

#### Investments

#### (Cost

#### $262,277,429)

#### 95.1%

#### ...................................

#### $292,828,630

#### Other

#### Assets,

#### less

#### Liabilities

#### 4.9%

#### .............................................

#### 15,309,039

#### Net

#### Assets

#### 100.0%

#### ...........................................................

#### $308,137,669

#### a
\*

The

principal

amount

is

stated

in

U.S.

dollars

unless

otherwise

indicated.

†

Rounds

to

less

than

0.1%

of

net

assets.

a

Fair

valued

using

significant

unobservable

inputs.

See

Note

regarding

fair

value

measurements.

b

Non-income

producing.

c

See

Note

regarding

restricted

securities.

d

A

portion

or

all

of

the

security

is

on

loan

at

June

30,

2025. See

Note

1(f).

e

See

Note

1(c)

regarding

equity-linked

securities.

f

Security

was

purchased

pursuant

to

Rule

144A

or

Regulation

S

under

the

Securities

Act

of

1933. 144A

securities

may

be

sold

in

transactions

exempt

from

registration

only

to

qualified

institutional

buyers

or

in

a

public

offering

registered

under

the

Securities

Act

of

1933. Regulation

S

securities

cannot

be

sold

in

the

United

States

without

either

an

effective

registration

statement

filed

pursuant

to

the

Securities

Act

of

1933,

or

pursuant

to

an

exemption

from

registration.

At

June

30,

2025,

the

aggregate

value

of

these

securities

was

$53,468,630,

representing

17.4%

of

net

assets.

g

Defaulted

security

or

security

for

which

income

has

been

deemed

uncollectible.

See

Note

6. h

Income

may

be

received

in

additional

securities

and/or

cash.

i

A

supranational

organization

is

an

entity

formed

by

two

or

more

central

governments

through

international

treaties.

j

Principal

amount

of

security,

redemption

price

at

maturity,

and/or

coupon

payments

are

adjusted

for

inflation.

See

Note

1(h).

k

The

rate

shown

represents

the

yield

at

period

end.

l

See

Note

3(f)

regarding

investments

in

affiliated

management

investment

companies.

m

The

rate

shown

is

the

annualized

seven-day

effective

yield

at

period

end.

n

See

Note

1(f)

regarding

securities

on

loan.

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

At

June

30,

2025,

the

Fund

had

the

following

forward

exchange

contracts

outstanding.

See

Note

(d).

#### Forward

#### Exchange

#### Contracts

#### Currency

#### Counter-

#### party

#### a

#### Type

#### Quantity

#### Contract

#### Amount

#### \*

#### Settlement

#### Date

#### Unrealized

#### Appreciation

#### Unrealized

#### Depreciation

#### a

#### OTC

#### Forward

#### Exchange

#### Contracts
Brazilian

Real

......

JPHQ

Buy

15,490,000

2,646,009

7/02/25

$

205,034

$

—

Brazilian

Real

......

JPHQ

Sell

15,490,000

2,831,810

7/02/25

—

(19,233)

Euro

.............

BNDP

Sell

2,324,000

2,393,929

7/15/25

—

(346,116)

Euro

.............

BOFA

Buy

1,436,300

1,519,620

7/15/25

173,808

—

Euro

.............

BOFA

Sell

2,092,178

2,156,879

7/15/25

—

(309,843)

Euro

.............

BZWS

Sell

2,446,822

2,532,118

7/16/25

—

(352,952)

Euro

.............

JPHQ

Sell

2,447,000

2,529,806

7/16/25

—

(355,474)

Japanese

Yen

......

BNDP

Buy

239,887,530

1,554,413

7/16/25

114,189

—

Japanese

Yen

......

BOFA

Buy

1,149,710,460

7,505,936

7/17/25

492,197

—

Japanese

Yen

......

DBAB

Buy

1,185,818,260

7,738,499

7/17/25

510,823

—

Chilean

Peso

......

HSBK

Buy

981,900,000

977,628

7/23/25

76,347

—

Brazilian

Real

......

JPHQ

Buy

41,631,946

7,173,346

8/04/25

424,518

—

Malaysian

Ringgit

...

GSCO

Buy

40,100,000

9,194,085

8/04/25

331,989

—

Japanese

Yen

......

JPHQ

Buy

251,863,750

1,685,592

8/13/25

72,156

—

Chinese

Yuan

......

DBAB

Sell

25,178,838

3,518,366

8/18/25

—

(12,493)

Chinese

Yuan

......

CITI

Sell

13,895,094

1,926,369

8/21/25

—

(22,608)

Chinese

Yuan

......

DBAB

Sell

13,884,554

1,924,775

8/21/25

—

(22,724)

Chinese

Yuan

......

JPHQ

Sell

11,046,179

1,531,469

8/21/25

—

(17,909)

Australian

Dollar

....

JPHQ

Buy

1,807,000

1,155,625

8/25/25

35,004

—

Mexican

Peso

......

BNDP

Buy

35,665,397

1,825,297

8/27/25

63,906

—

Mexican

Peso

......

HSBK

Buy

74,697,516

3,824,268

8/27/25

132,474

—

Brazilian

Real

......

JPHQ

Buy

15,490,000

2,788,624

9/03/25

17,380

—

Chilean

Peso

......

JPHQ

Buy

1,185,600,000

1,265,018

9/08/25

7,453

—

Mexican

Peso

......

BNDP

Buy

12,961,169

668,033

9/10/25

17,496

—

Mexican

Peso

......

HSBK

Buy

40,807,000

2,102,695

9/10/25

55,627

—

Malaysian

Ringgit

...

GSCO

Buy

37,580,000

8,540,909

9/15/25

401,390

—

Japanese

Yen

......

HSBK

Buy

88,900,000

621,639

9/17/25

1,178

—

Japanese

Yen

......

MSCO

Buy

79,300,000

553,786

9/17/25

1,775

—

South

Korean

Won

..

DBAB

Buy

12,349,810,000

8,556,944

9/17/25

614,963

—

South

Korean

Won

..

HSBK

Buy

6,991,300,000

4,842,291

9/17/25

349,980

—

Australian

Dollar

....

DBAB

Buy

2,688,000

1,694,394

9/22/25

77,781

—

Australian

Dollar

....

MSCO

Buy

6,160,000

4,024,390

9/22/25

36,846

—

Mexican

Peso

......

CITI

Buy

132,090,000

6,836,143

9/24/25

139,545

—

Chinese

Yuan

......

HSBK

Sell

44,700,000

6,279,766

9/29/25

—

(10,846)

Chinese

Yuan

......

MSCO

Sell

48,270,000

6,781,971

9/29/25

—

(11,045)

Norwegian

Krone

...

MSCO

Buy

18,480,000

1,693,967

10/10/25

140,580

—

Chilean

Peso

......

HSBK

Buy

798,100,000

851,743

10/27/25

4,619

—

Chilean

Peso

......

JPHQ

Buy

902,400,000

962,776

10/27/25

5,500

—

Euro

.............

DBAB

Sell

1,307,617

15,490,000

NOK

11/12/25

—

(15,908)

Norwegian

Krone

...

DBAB

Buy

25,371,000

2,450,952

11/12/25

67,984

—

Chinese

Yuan

......

CITI

Sell

13,826,173

1,944,609

11/17/25

—

(7,872)

Chinese

Yuan

......

HSBK

Sell

23,329,346

3,289,437

12/17/25

—

(11,964)

Total

Forward

Exchange

Contracts

...................................................

$4,572,542

$(1,516,987)

Net

unrealized

appreciation

(depreciation)

............................................

$3,055,555

\*

In

U.S.

dollars

unless

otherwise

indicated.

a

May

be

comprised

of

multiple

contracts

with

the

same

counterparty,

currency

and

settlement

date.

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

At

June

30,

2025,

the

Fund

had

the

following

interest

rate

swap

contracts

outstanding.

See

Note

(d).

#### Interest

#### Rate

#### Swap

#### Contracts

#### Description

#### Payment

#### Frequency

#### Maturity

#### Date

#### Notional

#### Amount

#### \*

#### Value

#### Upfront

#### Payments
(Receipts)

#### Unrealized

#### Appreciation
(Depreciation)

aa

#### aa

#### Centrally

#### Cleared

#### Swap

#### Contracts
Receive

Fixed

11.38%

..

At

Maturity

Pay

Floating

1-day

BRL

CDI

..............

At

Maturity

1/04/27

14,834,940

BRL

$

(132,247)

$

—

$

(132,247)

Receive

Fixed

11.5%

..

At

Maturity

Pay

Floating

1-day

BRL

CDI

..............

At

Maturity

1/04/27

15,606,306

BRL

(131,139)

—

(131,139)

Receive

Fixed

14.768%

At

Maturity

Pay

Floating

1-day

BRL

CDI

..............

At

Maturity

1/04/27

120,684

BRL

—

Receive

Fixed

11.342%

.

At

Maturity

Pay

Floating

1-day

BRL

CDI

..............

At

Maturity

1/02/29

6,749,967

BRL

(80,971)

—

(80,971)

Receive

Fixed

14.792%

At

Maturity

Pay

Floating

1-day

BRL

CDI

..............

At

Maturity

1/02/29

15,155,685

BRL

187,640

—

187,640

Receive

Fixed

15.09%

.

At

Maturity

Pay

Floating

1-day

BRL

CDI

..............

At

Maturity

1/02/29

4,466,348

BRL

65,182

—

65,182

Receive

Fixed

8.87%

..

Monthly

Pay

Floating

1-day

TIIEOIS

..........

Monthly

11/14/31

153,090,000

MXN

439,808

—

439,808

Total

Interest

Rate

Swap

Contracts

.................................

$348,526

$

—

$348,526

\*

In

U.S.

dollars

unless

otherwise

indicated.

See

Note

regarding

other

derivative

information.

See

Abbreviations

on

.

Templeton

Global

Investment

Trust

Financial

Statements

Statement

of

Assets

and

Liabilities

June

30,

2025

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
Assets:

Investments

in

securities:

Cost

-

Unaffiliated

issuers

...................................................................

$250,268,578

Cost

-

Non-controlled

affiliates

(Note

f)

........................................................

12,008,851

Value

-

Unaffiliated

issuers

(Includes

securities

loaned

of

$

1,985,523)

..................................

$280,819,779

Value

-

Non-controlled

affiliates

(Note

f)

........................................................

12,008,851

Cash

....................................................................................

53,815

Restricted

cash

for

OTC

derivative

contracts

(Note

e)

...............................................

2,288,138

Foreign

currency,

at

value

(cost

$

7,405,991)

......................................................

7,475,367

Receivables:

Investment

securities

sold

...................................................................

29,548

Capital

shares

sold

........................................................................

150,097

Dividends

and

interest

.....................................................................

3,883,844

European

Union

tax

reclaims

(Note

g)

.........................................................

7,523,904

Deposits

with

brokers

for:

OTC

derivative

contracts

..................................................................

520,000

Centrally

cleared

swap

contracts

............................................................

671,299

Variation

margin

on

centrally

cleared

swap

contracts

...............................................

61,423

Unrealized

appreciation

on

OTC

forward

exchange

contracts

..........................................

4,572,542

Deferred

tax

benefit

.........................................................................

111,553

Other

assets

..............................................................................

206,590

Total

assets

..........................................................................

320,376,750

Liabilities:

Payables:

Investment

securities

purchased

..............................................................

2,736,793

Capital

shares

redeemed

...................................................................

265,161

Management

fees

.........................................................................

172,977

Distribution

fees

..........................................................................

62,723

Transfer

agent

fees

........................................................................

113,620

Trustees'

fees

and

expenses

.................................................................

3,107

IRS

closing

agreement

payments

for

European

Union

tax

reclaims

(Note

g)

.............................

2,729,947

Deposits

from

brokers

for:

OTC

derivative

contracts

..................................................................

2,288,138

Unrealized

depreciation

on

OTC

forward

exchange

contracts

..........................................

1,516,987

Payable

upon

return

of

securities

loaned

(Note

f)

..................................................

2,027,000

Deferred

taxes

on

unrealized

appreciation

........................................................

148,242

Accrued

expenses

and

other

liabilities

...........................................................

174,386

Total

liabilities

.........................................................................

12,239,081

Net

assets,

at

value

.................................................................

$308,137,669

Net

assets

consist

of:

Paid-in

capital

.............................................................................

$412,564,827

Total

distributable

earnings

(losses)

.............................................................

(104,427,158)

Net

assets,

at

value

.................................................................

$308,137,669

Templeton

Global

Investment

Trust

Financial

Statements

Statement

of

Assets

and

Liabilities

(continued)

June

30,

2025

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Templeton

#### Global

#### Balanced

#### Fund

#### Class

#### A:
Net

assets,

at

value

.......................................................................

$180,528,451

Shares

outstanding

........................................................................

66,794,015

Net

asset

value

per

share

a

,b

..................................................................

$2.70

Maximum

offering

price

per

share

(net

asset

value

per

share

÷

.50

%)

b

................................

$2.86

#### Class

#### A1:
Net

assets,

at

value

.......................................................................

$87,367,251

Shares

outstanding

........................................................................

32,257,800

Net

asset

value

per

share

a

,b

..................................................................

$2.71

Maximum

offering

price

per

share

(net

asset

value

per

share

÷

.25

%)

b

................................

$2.82

#### Class

#### C:
Net

assets,

at

value

.......................................................................

$9,576,186

Shares

outstanding

........................................................................

3,549,385

Net

asset

value

and

maximum

offering

price

per

share

a

,b

............................................

$2.70

#### Class

#### C1:
Net

assets,

at

value

.......................................................................

$1,107,104

Shares

outstanding

........................................................................

407,755

Net

asset

value

and

maximum

offering

price

per

share

a

,b

............................................

$2.72

#### Class

#### R:
Net

assets,

at

value

.......................................................................

$699,815

Shares

outstanding

........................................................................

257,645

Net

asset

value

and

maximum

offering

price

per

share

b

.............................................

$2.72

#### Class

#### R6:
Net

assets,

at

value

.......................................................................

$3,011,547

Shares

outstanding

........................................................................

1,112,387

Net

asset

value

and

maximum

offering

price

per

share

b

.............................................

$2.71

#### Advisor

#### Class:
Net

assets,

at

value

.......................................................................

$25,847,315

Shares

outstanding

........................................................................

9,506,873

Net

asset

value

and

maximum

offering

price

per

share

b

.............................................

$2.72

a

Redemption

price

is

equal

to

net

asset

value

less

contingent

deferred

sales

charges,

if

applicable.

b

Net

asset

value

per

share

may

not

recalculate

due

to

rounding.

Templeton

Global

Investment

Trust

Financial

Statements

Statement

of

Operations

for

the

six

months

ended

June

30,

2025

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
Investment

income:

Dividends:

(net

of

foreign

taxes

of

$250,134)

Unaffiliated

issuers

........................................................................

$2,664,669

Non-controlled

affiliates

(Note

f)

.............................................................

215,194

Interest:

(net

of

foreign

taxes

of

$226,462)

Unaffiliated

issuers

........................................................................

6,720,746

Income

from

securities

loaned:

Unaffiliated

entities

(net

of

fees

and

rebates)

.....................................................

(24,957)

Non-controlled

affiliates

(Note

f)

.............................................................

34,445

Total

investment

income

...................................................................

9,610,097

Expenses:

Management

fees

(Note

a)

...................................................................

1,062,701

Distribution

fees:

(Note

3c)

Class

A

................................................................................

213,658

Class

A1

...............................................................................

104,949

Class

C

................................................................................

47,954

Class

C1

...............................................................................

3,445

Class

R

................................................................................

1,628

Transfer

agent

fees:

(Note

3e)

Class

A

................................................................................

125,178

Class

A1

...............................................................................

61,485

Class

C

................................................................................

7,023

Class

C1

...............................................................................

776

Class

R

................................................................................

Class

R6

...............................................................................

1,520

Advisor

Class

............................................................................

17,653

Custodian

fees

............................................................................

14,792

Reports

to

shareholders

fees

..................................................................

22,801

Registration

and

filing

fees

....................................................................

55,836

Professional

fees

...........................................................................

80,954

Trustees'

fees

and

expenses

..................................................................

21,672

Other

....................................................................................

20,142

Total

expenses

.........................................................................

1,864,644

Expenses

waived/paid

by

affiliates

(Note

f

and

g)

..............................................

(101,971)

Net

expenses

.........................................................................

1,762,673

Net

investment

income

................................................................

7,847,424

Templeton

Global

Investment

Trust

Financial

Statements

Statement

of

Operations

(continued)

for

the

six

months

ended

June

30,

2025

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Templeton

#### Global

#### Balanced

#### Fund
Realized

and

unrealized

gains

(losses):

Net

realized

gain

(loss)

from:

Investments:

(net

of

foreign

taxes

of

$585,444)

Unaffiliated

issuers

......................................................................

8,732,891

Foreign

currency

transactions

................................................................

(236,810)

Forward

exchange

contracts

.................................................................

322,824

Swap

contracts

...........................................................................

(8,331)

Net

realized

gain

(loss)

..................................................................

8,810,574

Net

change

in

unrealized

appreciation

(depreciation)

on:

Investments:

Unaffiliated

issuers

......................................................................

16,882,815

Translation

of

other

assets

and

liabilities

denominated

in

foreign

currencies

..............................

1,208,830

Forward

exchange

contracts

.................................................................

6,151,049

Swap

contracts

...........................................................................

1,048,768

Change

in

deferred

tax

benefit

(Note

1)

.........................................................

32,169

Change

in

deferred

taxes

on

unrealized

appreciation

...............................................

282,431

Net

change

in

unrealized

appreciation

(depreciation)

............................................

25,606,062

Net

realized

and

unrealized

gain

(loss)

............................................................

34,416,636

Net

increase

(decrease)

in

net

assets

resulting

from

operations

..........................................

$42,264,060

Templeton

Global

Investment

Trust

Financial

Statements

Statements

of

Changes

in

Net

Assets

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund

#### Six

#### Months

#### Ended

#### June

#### 30,

#### 2025
(unaudited)

#### Year

#### Ended

#### December

#### 31,

#### 2024
Increase

(decrease)

in

net

assets:

Operations:

Net

investment

income

.................................................

$7,847,424

$15,716,289

Net

realized

gain

(loss)

.................................................

8,810,574

(9,709,006)

Net

change

in

unrealized

appreciation

(depreciation)

...........................

25,606,062

(3,719,204)

Net

increase

(decrease)

in

net

assets

resulting

from

operations

................

42,264,060

2,288,079

Distributions

to

shareholders:

Class

A

.............................................................

(2,245,631)

(4,237,679)

Class

A1

............................................................

(1,082,644)

(2,105,023)

Class

C

.............................................................

(83,887)

(212,796)

Class

C1

............................................................

(11,698)

(23,425)

Class

R

.............................................................

(7,821)

(13,918)

Class

R6

............................................................

(41,559)

(82,913)

Advisor

Class

........................................................

(350,357)

(642,219)

Distributions

to

shareholders

from

tax

return

of

capital:

Class

A

.............................................................

—

(4,989,083)

Class

A1

............................................................

—

(2,478,274)

Class

C

.............................................................

—

(250,528)

Class

C1

............................................................

—

(27,579)

Class

R

.............................................................

—

(16,386)

Class

R6

............................................................

—

(97,614)

Advisor

Class

........................................................

—

(756,095)

Total

distributions

to

shareholders

..........................................

(3,823,597)

(15,933,532)

Capital

share

transactions:

(Note

2)

Class

A

.............................................................

(11,268,579)

(29,474,893)

Class

A1

............................................................

(7,229,958)

(16,791,886)

Class

C

.............................................................

(1,631,420)

(2,829,676)

Class

C1

............................................................

(76,828)

(240,906)

Class

R

.............................................................

(20,491)

16,097

Class

R6

............................................................

(322,626)

(432,082)

Advisor

Class

........................................................

(1,455,319)

(4,226,008)

Total

capital

share

transactions

............................................

(22,005,221)

(53,979,354)

Net

increase

(decrease)

in

net

assets

...................................

16,435,242

(67,624,807)

Net

assets:

Beginning

of

period

.....................................................

291,702,427

359,327,234

End

of

period

..........................................................

$308,137,669

$291,702,427

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

#### Templeton

#### Global

#### Balanced

#### Fund

franklintempleton.com

Semiannual

Report

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
Templeton

Global

Investment

Trust (Trust)

is

registered

under

the

Investment

Company

Act

of

1940

(1940

Act)

as

an

open-end

management

investment

company,

consisting

of three separate

funds.

The

Trust

follows

the

accounting

and

reporting

guidance

in

Financial

Accounting

Standards

Board

(FASB)

Accounting

Standards

Codification

Topic

946,

Financial

Services

–

Investment

Companies

(ASC

946)

and applies

the

specialized

accounting

and

reporting

guidance

in

U.S.

Generally

Accepted

Accounting

Principles

(U.S.

GAAP),

including,

but

not

limited

to,

ASC

946. Templeton

Global

Balanced

Fund

(Fund)

is

included

in

this

report.

The

Fund

offers

seven classes

of

shares:

Class

A,

Class

A1,

Class

C,

Class

C1,

Class

R,

Class

R6

and

Advisor

Class. Class

C

and

Class

C1

shares

automatically

convert

to

Class

A

shares

on

a

monthly

basis,

after

they

have

been

held

for

years.

Each

class

of

shares

may

differ

by

its

initial

sales

load,

contingent

deferred

sales

charges,

voting

rights

on

matters

affecting

a

single

class,

its

exchange

privilege

and

fees

due

to

differing

arrangements

for

distribution

and

transfer

agent

fees.

On

July

8,

2025,

the

Trust's

Board

of

Trustee

approved

a

proposal

to

change

the

name

of

the

Fund

to

Templeton

Global

Dynamic

Income

Fund,

effective

October

1,

2025. The

following

summarizes

the Fund's

significant

accounting

policies.

a. #### Financial

#### Instrument

#### Valuation
The

Fund's

investments

in

financial

instruments

are

carried

at

fair

value

daily.

Fair

value

is

the

price

that

would

be

received

to

sell

an

asset

or

paid

to

transfer

a

liability

in

an

orderly

transaction

between

market

participants

on

the

measurement

date.

The

Fund

calculates

the

net

asset

value

(NAV)

per

share

each business

day as

of

p.m.

Eastern

time

or

the

regularly

scheduled

close

of

the

New

York

Stock

Exchange

(NYSE),

whichever

is

earlier.

Under

compliance

policies

and

procedures

approved

by

the Trust's

Board

of

Trustees

(the

Board),

the

Board

has

designated

the

Fund's

investment

manager

as

the

valuation

designee

and

has

responsibility

for

oversight

of

valuation.

The

investment

manager

is

assisted

by

the

Fund's

administrator

in

performing

this

responsibility,

including

leading

the

cross-

functional

Valuation

Committee

(VC).

The

Fund

may

utilize

independent

pricing

services,

quotations

from

securities

and

financial

instrument

dealers,

and

other

market

sources

to

determine

fair

value.

Equity

securities

listed

on

an

exchange

or

on

the

NASDAQ

National

Market

System

are

valued

at

the

last

quoted

sale

price

or

the

official

closing

price of

the

day,

respectively.

Foreign

equity

securities

are

valued

as

of

the

close

of

trading

on

the

foreign

stock

exchange

on

which

the

security

is

primarily

traded,

or

as

of

p.m.

Eastern

time.

The

value

is

then

converted

into

its

U.S.

dollar

equivalent

at

the

foreign

exchange

rate

in

effect

at

p.m.

Eastern

time

on

the

day

that

the

value

of

the

security

is

determined.

Over-the-counter

(OTC)

securities

are

valued

within

the

range

of

the

most

recent

quoted

bid

and

ask

prices.

Securities

that

trade

in

multiple

markets

or

on

multiple

exchanges

are

valued

according

to

the

broadest

and

most

representative

market.

Certain

equity

securities

are

valued

based

upon

fundamental

characteristics

or

relationships

to

similar

securities.

Debt

securities

generally

trade

in

the OTC

market

rather

than

on

a

securities

exchange.

The

Fund's

pricing

services

use

multiple

valuation

techniques

to

determine

fair

value.

In

instances

where

sufficient

market

activity

exists,

the

pricing

services

may

utilize

a

market-based

approach

through

which

quotes

from

market

makers

are

used

to

determine

fair

value.

In

instances

where

sufficient

market

activity

may

not

exist

or

is

limited,

the

pricing

services

also

utilize

proprietary

valuation

models

which

may

consider

market

characteristics

such

as

benchmark

yield

curves,

credit

spreads,

estimated

default

rates,

anticipated

market

interest

rate

volatility,

coupon

rates,

anticipated

timing

of

principal

repayments,

underlying

collateral,

and

other

unique

security

features

in

order

to

estimate

the

relevant

cash

flows,

which

are

then

discounted

to

calculate

the

fair

value.

Securities

denominated

in

a

foreign

currency

are

converted

into

their

U.S.

dollar

equivalent

at

the

foreign

exchange

rate

in

effect

at

p.m.

Eastern

time

on

the

date

that

the

values

of

the

foreign

debt

securities

are

determined.

Investments

in open-end mutual

funds

are

valued

at

the

closing

NAV.

Certain

derivative

financial

instruments

are

centrally

cleared

or

trade

in

the

OTC

market.

The

Fund's

pricing

services

use

various

techniques

including

industry

standard

option

pricing

models

and

proprietary

discounted

cash

flow

models

to

determine

the

fair

value

of

those

instruments.

The

Fund's

net

benefit

or

obligation

under

the

derivative

contract,

as

measured

by

the

fair

value

of

the

contract,

is

included

in

net

assets.

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

The

Fund

has

procedures

to

determine

the

fair

value

of

financial

instruments

for

which

market

prices

are

not

reliable

or

readily

available.

Under

these

procedures,

the Fund

primarily

employs

a

market-based

approach

which

may

use

related

or

comparable

assets

or

liabilities,

recent

transactions,

market

multiples,

and

other

relevant

information

for

the

investment

to

determine

the

fair

value

of

the

investment.

An

income-based

valuation

approach

may

also

be

used

in

which

the

anticipated

future

cash

flows

of

the

investment

are

discounted

to

calculate

fair

value.

Discounts

may

also

be

applied

due

to

the

nature

or

duration

of

any

restrictions

on

the

disposition

of

the

investments.

Due

to

the

inherent

uncertainty

of

valuations

of

such

investments,

the

fair

values

may

differ

significantly

from

the

values

that

would

have

been

used

had

an

active

market

existed.

Trading

in

securities

on

foreign

securities

stock

exchanges

and

OTC

markets

may

be

completed

before

p.m.

Eastern

time.

In

addition,

trading

in

certain

foreign

markets

may

not

take

place

on

every

Fund's

business

day. Events

can occur

between

the

time

at

which

trading

in

a

foreign

security

is

completed

and

p.m.

Eastern

time

that

might

call

into

question

the

reliability

of

the

value

of

a

portfolio

security

held

by

the

Fund.

As

a

result,

differences

may

arise

between

the

value

of

the

Fund's

portfolio

securities

as

determined

at

the

foreign

market

close

and

the

latest

indications

of

value

at

p.m.

Eastern

time. In

order

to

minimize

the

potential

for

these

differences,

an

independent

pricing

service

may

be

used

to

adjust

the

value

of

the

Fund's

portfolio

securities

to

the

latest

indications

of

fair

value

at

p.m.

Eastern

time.

At

June

30,

2025,

certain

securities

may

have

been

fair

valued

using

these

procedures,

in

which

case

the

securities

were

categorized

as

Level

within

the

fair

value

hierarchy

(referred

to

as

"market

level

fair

value").

See

the

Fair

Value

Measurements

note

for

more

information.

When

the

last

day

of

the

reporting

period

is

a

non-business

day,

certain

foreign

markets

may

be

open

on

those

days

that

the

Fund's

NAV

is

not

calculated,

which

could

result

in

differences

between

the

value

of

the

Fund's

portfolio

securities

on

the

last

business

day

and

the

last

calendar

day

of

the

reporting

period.

Any

security

valuation

changes

due

to

an

open

foreign

market

are

adjusted

and

reflected

by

the

Fund

for

financial

reporting

purposes.

b. #### Foreign

#### Currency

#### Translation
Portfolio

securities

and

other

assets

and

liabilities

denominated

in

foreign

currencies

are

translated

into

U.S.

dollars

based

on

the

exchange

rate

of

such

currencies

against

U.S.

dollars

on

the

date

of

valuation.

The

Fund

may

enter

into

foreign

currency

exchange

contracts

to

facilitate

transactions

denominated

in

a

foreign

currency.

Purchases

and

sales

of

securities,

income

and

expense

items

denominated

in

foreign

currencies

are

translated

into

U.S.

dollars

at

the

exchange

rate

in

effect

on

the

transaction

date.

Portfolio

securities

and

assets

and

liabilities

denominated

in

foreign

currencies

contain

risks

that

those

currencies

will

decline

in

value

relative

to

the

U.S.

dollar.

Occasionally,

events

may

impact

the

availability

or

reliability

of

foreign

exchange

rates

used

to

convert

the

U.S.

dollar

equivalent

value.

If

such

an

event

occurs,

the

foreign

exchange

rate

will

be

valued

at

fair

value

using

procedures

established

and

approved

by

the

Board.

The

Fund

does

not

separately

report

the

effect

of

changes

in

foreign

exchange

rates

from

changes

in

market

prices

on

securities

held.

Such

changes

are

included

in

net

realized

and

unrealized

gain

or

loss

from

investments

in

the

Statement of

Operations.

Realized

foreign

exchange

gains

or

losses

arise

from

sales

of

foreign

currencies,

currency

gains

or

losses

realized

between

the

trade

and

settlement

dates

on

securities

transactions

and

the

difference

between

the

recorded

amounts

of

dividends,

interest,

and

foreign

withholding

taxes

and

the

U.S.

dollar

equivalent

of

the

amounts

actually

received

or

paid.

Net

unrealized

foreign

exchange

gains

and

losses

arise

from

changes

in

foreign

exchange

rates

on

foreign

denominated

assets

and

liabilities

other

than

investments

in

securities

held

at

the

end

of

the

reporting

period.

c. #### Equity-Linked

#### Securities
The

Fund

invests

in

equity-linked

securities.

Equity-linked

securities

are

hybrid

financial

instruments

that

generally

combine

both

debt

and

equity

characteristics

into

a

single

note

form.

Income

received

from

equity-linked

securities

is

recorded

as

realized

gains

in

the

Statement

of

Operations

and

may

be

based

on

the

performance

of

an

underlying

equity

security,

an

equity

index,

or

an

option

position.

The

risks

of

investing

in

equity-linked

securities

include

unfavorable

price

movements

in

the

underlying

security

and

the

credit

risk

of

the

issuing

financial

institution.

There

may

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
(continued)

a. #### Financial

#### Instrument

#### Valuation
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

be

no

guarantee

of

a

return

of

principal

with

equity-linked

securities

and

the

appreciation

potential

may

be

limited.

Equity-linked

securities

may

be

more

volatile

and

less

liquid

than

other

investments

held

by

the

Fund.

d. #### Derivative

#### Financial

#### Instruments
The

Fund invested

in

derivative

financial

instruments

in

order

to

manage

risk

or

gain

exposure

to

various

other

investments

or

markets.

Derivatives

are

financial

contracts

based

on

an

underlying

or

notional

amount,

require

no

initial

investment

or

an

initial

net

investment

that

is

smaller

than

would

normally

be

required

to

have

a

similar

response

to

changes

in

market

factors,

and

require

or

permit

net

settlement.

Derivatives

contain

various

risks

including

the

potential

inability

of

the

counterparty

to

fulfill

their

obligations

under

the

terms

of

the

contract,

the

potential

for

an

illiquid

secondary

market,

and/or

the

potential

for

market

movements

which

expose

the

Fund

to

gains

or

losses

in

excess

of

the

amounts

shown

in

the

Statement

of

Assets

and

Liabilities.

Realized

gain

and

loss

and

unrealized

appreciation

and

depreciation

on

these

contracts

for

the

period

are

included

in

the

Statement

of

Operations.

Derivative

counterparty

credit

risk

is

managed

through

a

formal

evaluation

of

the

creditworthiness

of

all

potential

counterparties.

The

Fund

attempts

to

reduce

its

exposure

to

counterparty

credit

risk

on

OTC

derivatives,

whenever

possible,

by

entering

into

International

Swaps

and

Derivatives

Association

(ISDA)

master

agreements

with

certain

counterparties.

These

agreements

contain

various

provisions,

including

but

not

limited

to

collateral

requirements,

events

of

default,

or

early

termination.

Termination

events

applicable

to

the

counterparty

include

certain

deteriorations

in

the

credit

quality

of

the

counterparty.

Termination

events

applicable

to

the

Fund

include

failure

of

the

Fund

to

maintain

certain

net

asset

levels

and/or

limit

the

decline

in

net

assets

over

various

periods

of

time.

In

the

event

of

default

or

early

termination,

the

ISDA

master

agreement

gives

the

non-defaulting

party

the

right

to

net

and

close-out

all

transactions

traded,

whether

or

not

arising

under

the

ISDA

agreement,

to

one

net

amount

payable

by

one

counterparty

to

the

other.

However,

absent

an

event

of

default

or

early

termination,

OTC

derivative

assets

and

liabilities

are

presented

gross

and

not

offset

in

the

Statement

of

Assets

and

Liabilities.

Early

termination

by

the

counterparty

may

result

in

an

immediate

payment

by

the

Fund

of

any

net

liability

owed

to

that

counterparty

under

the

ISDA

agreement.

Collateral

requirements

differ

by

type

of

derivative.

Collateral

or

initial

margin

requirements

are

set

by

the

broker

or

exchange

clearing

house

for

exchange

traded

and

centrally

cleared

derivatives.

Initial

margin

deposited

is

held

at

the

exchange

and

can

be

in

the

form

of

cash

and/or

securities.

For

OTC

derivatives

traded

under

an

ISDA

master

agreement,

posting

of

collateral

is

required

by

either

the

Fund

or

the

applicable

counterparty

if

the

total

net

exposure

of

all

OTC

derivatives

with

the

applicable

counterparty

exceeds

the

minimum

transfer

amount,

which

typically

ranges

from

$100,000

to

$250,000,

and

can

vary

depending

on

the

counterparty

and

the

type

of agreement.

Generally,

collateral

is

determined

at

the

close

of

Fund

business

each

day

and

any

additional

collateral

required

due

to

changes

in

derivative

values

may

be

delivered

by

the

Fund

or

the

counterparty

the

next

business

day,

or

within

a

few

business

days.

Collateral

pledged

and/or

received

by

the

Fund

for

OTC

derivatives,

if

any,

is

held

in

segregated

accounts

with

the

Fund's

custodian/counterparty

broker

and

can

be

in

the

form

of

cash

and/or

securities.

Unrestricted

cash

may

be

invested

according

to

the

Fund's

investment

objectives.

To

the

extent

that

the

amounts

due

to

the

Fund

from

its

counterparties

are

not

subject

to

collateralization

or

are

not

fully

collateralized,

the

Fund

bears

the

risk

of

loss

from

counterparty

non-performance.

The

Fund entered

into

OTC

forward

exchange

contracts

primarily

to

manage

and/or

gain exposure

to

certain

foreign

currencies.

A

forward

exchange

contract

is

an

agreement

between

the

Fund

and

a

counterparty

to

buy

or

sell

a

foreign

currency at

a

specific

exchange

rate

on

a

future

date.

Forward

exchange

contracts

outstanding

at

period

end,

if

any,

are

listed

in

the

Fund's

Schedule

of

Investments.

The

Fund entered

into

interest

rate

swap

contracts

primarily

to

manage

interest

rate

risk.

An

interest

rate

swap

is

an

agreement

between

the

Fund

and

a

counterparty

to

exchange

cash

flows

based

on

the

difference

between

two

interest

rates,

applied

to

a

notional

amount.

These

agreements

may

be

privately

negotiated

in

the

over-the-

counter

market

(OTC

interest

rate

swaps)

or

may

be

executed

on

a

registered

exchange

(centrally

cleared

interest

rate

swaps).

For

centrally

cleared

interest

rate

swaps,

required

initial

margins

are

pledged

by

the

Fund,

and

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
(continued)

c. #### Equity-Linked

#### Securities
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

the

daily

change

in

fair

value

is

accounted

for

as

a

variation

margin

payable

or

receivable

in

the

Statement

of

Assets

and

Liabilities.

Over

the

term

of

the

contract,

contractually

required

payments

to

be

paid

and

to

be

received

are

accrued

daily

and

recorded

as

unrealized

appreciation

or

depreciation

until

the

payments

are

made,

at

which

time

they

are

realized.

Interest

rate

swap

contracts

outstanding

at

period

end,

if

any,

are

listed

in

the

Fund's

Schedule

of

Investments.

See

Note

9 regarding

other

derivative

information.

e. #### Restricted

#### Cash
At

June

30,

2025, the

Fund

held

restricted

cash

in

connection

with

investments

in

certain

derivative

securities.

Restricted

cash

is

held

in

a

segregated

account

with

the

Fund's

custodian

and/or

counterparty

broker

and

is

reflected

in

the

Statement

of

Assets

and

Liabilities.

f. #### Securities

#### Lending
The

Fund

participates

in

an

agency

based

securities

lending

program

to

earn

additional

income.

The

Fund

receives

collateral

in

the

form

of

cash

and/or

U.S.

Government

and

Agency

securities

against

the

loaned

securities

in

an

amount

equal

to

at

least

102%

of

the

fair

value

of

the

loaned

securities.

Collateral

is

maintained

over

the

life

of

the

loan

in

an

amount

not

less

than

100%

of

the

fair

value

of

loaned

securities,

as

determined

at

the

close

of

Fund

business

each

day;

any

additional

collateral

required

due

to

changes

in

security

values

is

delivered

to

the

Fund

on

the

next

business

day.

Any

cash

collateral

received

is

deposited

into

a

joint

cash

account

with

other

funds

and

is

used

to

invest

in

a

money

market

fund

managed

by

Franklin

Advisers,

Inc.,

an

affiliate

of

the

Fund. The

Fund

may

receive

income

from

the

investment

of

cash

collateral,

in

addition

to

lending

fees paid

by

the

borrower.

Income

from

securities

loaned,

net

of

fees

paid

to

the

securities

lending

agent

and/or

third-party

vendor,

is

reported

separately

in

the Statement of

Operations.

The

Fund

bears

the

market

risk

with

respect

to

any

cash

collateral

investment,

securities

loaned,

and

the

risk

that

the

agent

may

default

on

its

obligations

to

the

Fund.

If

the

borrower

defaults

on

its

obligation

to

return

the

securities

loaned,

the

Fund

has

the

right

to

repurchase

the

securities

in

the

open

market

using

the

collateral

received.

The

securities

lending

agent

has

agreed

to

indemnify

the

Fund

in

the

event

of

default

by

a

third

party

borrower.

g. #### Income

#### and

#### Deferred

#### Taxes
It

is the Fund's

policy

to

qualify

as

a

regulated

investment

company

under

the

Internal

Revenue

Code. The Fund

intends

to

distribute

to

shareholders

substantially

all

of

its

taxable

income

and

net

realized

gains

to

relieve

it

from

federal

income

and

excise

taxes.

As

a

result,

no

provision

for

U.S.

federal

income

taxes

is

required.

The

Fund

may

be

subject

to

foreign

taxation

related

to

income

received,

capital

gains

on

the

sale

of

securities

and

certain

foreign

currency

transactions

in

the

foreign

jurisdictions

in

which

it

invests.

Foreign

taxes,

if

any,

are

recorded

based

on

the

tax

regulations

and

rates

that

exist

in

the

foreign

markets

in

which

the

Fund

invests.

When

a

capital

gain

tax

is

determined

to

apply,

the

Fund

records

an

estimated

deferred

tax

liability

in

an

amount

that

would

be

payable

if

the

securities

were

disposed

of

on

the

valuation

date.

As

a

result

of

several

court

cases,

in

certain

countries

across

the

European

Union,

the

Fund

filed

additional

tax

reclaims

for

previously

withheld

taxes

on

dividends

earned

in

those

countries

(EU

reclaims). Income

recognized,

if

any,

for

EU

reclaims

is

reflected

as

other

income

in

the

Statement

of

Operations

and

any

related

receivable,

if

any,

is

reflected

as

European

Union

tax

reclaims

in

the

Statement

of

Assets

and

Liabilities.

Any

fees

associated

with

these

filings

are

reflected

in

other

expenses

in

the

Statement

of

Operations.

When

uncertainty

exists

as

to

the

ultimate

resolution

of

these

proceedings,

the

likelihood

of

receipt

of

these

EU

reclaims,

and

the

potential

timing

of

payment,

no

amounts

are

reflected

in

the

financial

statements.

For

U.S.

income

tax

purposes,

when

EU

reclaims

are

received

by

the

Fund

and

the

Fund

previously

passed

foreign

tax

credit

on

to

its

shareholders,

the

Fund

will

enter

into

a

closing

agreement

with

the

Internal

Revenue

Service

(IRS)

in

order

to

pay

the

associated

tax

liability

on

behalf

of

the

Fund's

shareholders.

The Fund

may

recognize

an

income

tax

liability

related

to

its

uncertain

tax

positions

under

U.S.

GAAP

when

the

uncertain

tax

position

has

a

less

than

50%

probability

that

it

will

be

sustained

upon

examination

by

the

tax

authorities

based

on

its

technical

merits.

As

of

June

30,

2025, the Fund

has

determined

that

no

tax

liability

is

required

in

its

financial

statements

related

to

uncertain

tax

positions

for

any

open

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
(continued)

d. #### Derivative

#### Financial

#### Instruments
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

tax

years

(or

expected

to

be

taken

in

future

tax

years).

Open

tax

years

are

those

that

remain

subject

to

examination

and

are

based

on

the

statute

of

limitations

in

each

jurisdiction

in

which

the Fund

invests.

h. #### Security

#### Transactions,

#### Investment

#### Income,

#### Expenses

#### and

#### Distributions
Security

transactions

are

accounted

for

on

trade

date.

Realized

gains

and

losses

on

security

transactions

are

determined

on

a

specific

identification

basis.

Interest

income

(including

interest

income

from

payment-in-kind

securities,

if

any)

and

estimated

expenses

are

accrued

daily.

Amortization

of

premium

and

accretion

of

discount

on

debt

securities

are

included

in

interest

income.

Paydown

gains

and

losses

are

recorded

as

an

adjustment

to

interest

income. Dividend

income

is

recorded

on

the

ex-dividend

date

except

for

certain

dividends

from

securities

where

the

dividend

rate

is

not

available.

In

such

cases,

the

dividend

is

recorded

as

soon

as

the

information

is

received

by

the

Fund.

Distributions

to

shareholders

are

recorded

on

the ex-dividend

date.

Distributable

earnings

are

determined

according

to

income

tax

regulations

(tax

basis)

and

may

differ

from

earnings

recorded

in

accordance

with

U.S.

GAAP.

These

differences

may

be

permanent

or

temporary.

Permanent

differences

are

reclassified

among

capital

accounts

to

reflect

their

tax

character.

These

reclassifications

have

no

impact

on

net

assets

or

the

results

of

operations.

Temporary

differences

are

not

reclassified,

as

they

may

reverse

in

subsequent

periods.

Common

expenses

incurred

by

the

Trust

are

allocated

among

the

Funds

based

on

the

ratio

of

net

assets

of

each

Fund

to

the

combined

net

assets

of

the

Trust

or

based

on

the

ratio

of

number

of

shareholders

of

each

Fund

to

the

combined

number

of

shareholders

of

the

Trust.

Fund

specific

expenses

are

charged

directly

to

the

Fund

that

incurred

the

expense.

Realized

and

unrealized

gains

and

losses

and

net

investment

income,

excluding

class

specific

expenses,

are

allocated

daily

to

each

class

of

shares

based

upon

the

relative

proportion

of

net

assets

of

each

class.

Differences

in

per

share

distributions

by

class

are

generally

due

to

differences

in

class

specific

expenses.

Inflation-indexed

bonds

are

adjusted

for

inflation

through

periodic

increases

or

decreases

in

the

security's

interest

accruals,

face

amount,

or

principal

redemption

value,

by

amounts

corresponding

to

the

rate

of

inflation

as

measured

by

an

index.

Any

increase

or

decrease

in

the

face

amount

or

principal

redemption

value

will

be

included

as

interest

income

in

the

Statement

of

Operations.

i. #### Accounting

#### Estimates
The

preparation

of

financial

statements

in

accordance

with

U.S.

GAAP

requires

management

to

make

estimates

and

assumptions

that

affect

the

reported

amounts

of

assets

and

liabilities

at

the

date

of

the

financial

statements

and

the

amounts

of

income

and

expenses

during

the

reporting

period.

Actual

results

could

differ

from

those

estimates.

j. #### Guarantees

#### and

#### Indemnifications
Under

the Trust's

organizational

documents,

its

officers

and trustees

are

indemnified

by

the Trust against

certain

liabilities

arising

out

of

the

performance

of

their

duties

to

the

Trust.

Additionally,

in

the

normal

course

of

business,

the Trust,

on

behalf

of

the

Fund, enters

into

contracts

with

service

providers

that

contain

general

indemnification

clauses.

The Trust's

maximum

exposure

under

these

arrangements

is

unknown

as

this

would

involve

future

claims

that

may

be

made

against

the Trust

that

have

not

yet

occurred.

Currently,

the Trust

expects

the

risk

of

loss

to

be

remote.

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
(continued)

g. #### Income

#### and

#### Deferred

#### Taxes
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

2. #### Shares

#### of

#### Beneficial

#### Interest
At

June

30,

2025,

there

were

an

unlimited

number

of

shares

authorized

($0.01

par

value).

Transactions

in

the

Fund's

shares

were

as

follows:

#### Six

#### Months

#### Ended

#### June

#### 30,

#### 2025

#### Year

#### Ended

#### December

#### 31,

#### 2024

#### Shares

#### Amount

#### Shares

#### Amount

#### Class

#### A

#### Shares:
Shares

sold

a

...................................

1,712,588

$4,347,229

3,225,769

$7,968,462

Shares

issued

in

reinvestment

of

distributions

..........

824,835

2,161,067

3,614,832

8,864,050

Shares

redeemed

...............................

(7,054,183)

(17,776,875)

(18,737,244)

(46,307,405)

Net

increase

(decrease)

..........................

(4,516,760)

$(11,268,579)

(11,896,643)

$(29,474,893)

#### Class

#### A1

#### Shares:
Shares

sold

...................................

417,722

$1,064,095

677,788

$1,685,287

Shares

issued

in

reinvestment

of

distributions

..........

396,208

1,042,026

1,799,272

4,429,885

Shares

redeemed

...............................

(3,696,606)

(9,336,079)

(9,248,260)

(22,907,058)

Net

increase

(decrease)

..........................

(2,882,676)

$(7,229,958)

(6,771,200)

$(16,791,886)

#### Class

#### C

#### Shares:
Shares

sold

...................................

240,679

$609,200

482,934

$1,187,887

Shares

issued

in

reinvestment

of

distributions

..........

31,813

83,351

187,564

459,866

Shares

redeemed

a

..............................

(921,777)

(2,323,971)

(1,821,201)

(4,477,429)

Net

increase

(decrease)

..........................

(649,285)

$(1,631,420)

(1,150,703)

$(2,829,676)

#### Class

#### C1

#### Shares:
Shares

sold

...................................

18,285

$46,206

30,511

$75,633

Shares

issued

in

reinvestment

of

distributions

..........

4,448

11,698

20,689

51,004

Shares

redeemed

...............................

(53,849)

(134,732)

(149,228)

(367,543)

Net

increase

(decrease)

..........................

(31,116)

$(76,828)

(98,028)

$(240,906)

#### Class

#### R

#### Shares:
Shares

sold

...................................

1,343

$3,480

6,017

$14,897

Shares

issued

in

reinvestment

of

distributions

..........

2,061

5,422

8,611

21,246

Shares

redeemed

...............................

(11,597)

(29,393)

(8,093)

(20,046)

Net

increase

(decrease)

..........................

(8,193)

$(20,491)

6,535

$16,097

#### Class

#### R6

#### Shares:
Shares

sold

...................................

136,753

$346,692

591,977

$1,462,623

Shares

issued

in

reinvestment

of

distributions

..........

15,638

40,972

72,430

178,397

Shares

redeemed

...............................

(281,640)

(710,290)

(845,534)

(2,073,102)

Net

increase

(decrease)

..........................

(129,249)

$(322,626)

(181,127)

$(432,082)

#### Advisor

#### Class

#### Shares:
Shares

sold

...................................

618,404

$1,574,716

1,090,994

$2,700,936

Shares

issued

in

reinvestment

of

distributions

..........

112,103

295,951

473,139

1,169,568

Shares

redeemed

...............................

(1,336,485)

(3,325,986)

(3,261,534)

(8,096,512)

Net

increase

(decrease)

..........................

(605,978)

$(1,455,319)

(1,697,401)

$(4,226,008)

a

May

include

a

portion

of

Class

C

shares

that

were

automatically

converted

to

Class

A. Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

3. #### Transactions

#### with

#### Affiliates
Franklin

Resources,

Inc.

is

the

holding

company

for

various

subsidiaries

that

together

are

referred

to

as

Franklin

Templeton.

Certain

officers

and trustees

of

the Fund are

also

officers

and/or

directors

of

the

following

subsidiaries:

a. #### Management

#### Fees
The

Fund

pays

an

investment

management fee,

calculated

daily and

paid

monthly,

to

Global

Advisors based

on the

average

daily

net

assets

of

the

Fund

as

follows:

For

the

period

ended

June

30,

2025,

the

annualized

gross

effective

investment

management

fee

rate

was 0.725%

of

the

Fund's

average daily

net

assets.

Under

a

subadvisory

agreement,

Advisers

and

TICL,

affiliates

of

Global

Advisors,

provides

subadvisory

services

to

the

Fund.

The

subadvisory

fee

is

paid

by

Global

Advisors

based

on

the

Fund's

average

daily

net

assets,

and

is

not

an

additional

expense

of

the

Fund.

b. #### Administrative

#### Fees
Under

an

agreement

with

Global

Advisors,

FT

Services

provides

administrative

services

to

the

Fund.

The

fee

is

paid

by

Global Advisors

based

on

the

Fund's

average

daily

net

assets,

and

is

not

an

additional

expense

of

the

Fund.

c. #### Distribution

#### Fees
The

Board

has

adopted

distribution

plans

for

each

share

class,

with

the

exception

of

Class

R6

and

Advisor

Class

shares,

pursuant

to

Rule

12b-1

under

the

1940

Act.

Under

the

Fund's

Class

A

and

A1

reimbursement

distribution

plan,

the

Fund

reimburses

Distributors

for

costs

incurred

in

connection

with

the

servicing,

sale

and

distribution

of

the

Fund's

shares

up

to

the

maximum

annual

plan

rate.

Under

the

Class

A

and

A1

reimbursement

distribution

plan,

costs

exceeding

the

maximum

for

the

current

plan

year

cannot

be

reimbursed

in

subsequent

periods.

In

addition,

under

the

Fund's

Class

C,

C1

and

R

compensation

#### Subsidiary

#### Affiliation
Templeton

Global

Advisors

Limited

(Global

Advisors)

Investment

manager

Templeton

Investment

Counsel,

LLC

(TICL)

Subadvisor

Franklin

Advisers,

Inc.

(Advisers)

Subadvisor

Franklin

Templeton

Services,

LLC

(FT

Services)

Administrative

manager

Franklin

Distributors,

LLC

(Distributors)

Principal

underwriter

Franklin

Templeton

Investor

Services,

LLC

(Investor

Services)

Transfer

agent

#### Annualized

#### Fee

#### Rate

#### Net

#### Assets
0.725%

Up

to

and

including

$500

million

0.625%

Over

$500

million,

up

to

and

including

$1

billion

0.575%

Over

$1

billion,

up

to

and

including

$1.5

billion

0.525%

Over

$1.5

billion,

up

to

and

including

$6.5

billion

0.500%

Over

$6.5

billion,

up

to

and

including

$11.5

billion

0.478%

Over

$11.5

billion,

up

to

and

including

$16.5

billion

0.465%

Over

$16.5

billion,

up

to

and

including

$19

billion

0.455%

Over

$19

billion,

up

to

and

including

$21.5

billion

0.445%

In

excess

of

$21.5

billion

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

distribution

plans,

the

Fund

pays

Distributors

for

costs

incurred

in

connection

with

the

servicing,

sale

and

distribution

of

the

Fund's

shares

up

to

the

maximum

annual

plan

rate

for

each

class.

The

plan

year,

for

purposes

of

monitoring

compliance

with

the

maximum

annual

plan

rates,

is

February

through

January

31. d. #### Sales

#### Charges/Underwriting

#### Agreements
Front-end

sales

charges

and

contingent

deferred

sales

charges

(CDSC)

do

not

represent

expenses

of

the

Fund.

These

charges

are

deducted

from

the

proceeds

of

sales

of

fund

shares

prior

to

investment

or

from

redemption

proceeds

prior

to

remittance,

as

applicable.

Distributors

has

advised

the

Fund

of

the

following

commission

transactions

related

to

the

sales

and

redemptions

of

the

Fund's

shares

for

the

period:

.

e. #### Transfer

#### Agent

#### Fees
Each

class

of

shares

pays

transfer

agent

fees,

calculated

monthly

and

paid

monthly, to

Investor

Services

for

its

performance

of

shareholder

servicing

obligations. The

fees

are based

on

a

fixed

margin

earned

by

Investor

Services

and

are allocated

to

the Fund

based

upon

relative

assets

and

relative

transactions. In

addition,

each

class reimburses

Investor

Services

for

out

of

pocket

expenses

incurred

and,

except

for

Class

R6, reimburses

shareholder

servicing

fees

paid

to

third

parties.

These

fees

paid

to

third

parties

are

accrued

and

allocated

daily

based

upon

their

relative

proportion

of

such

classes'

aggregate

net

assets.

Class

R6

pays

Investor

Services

transfer

agent

fees

allocated

specifically

to

that

class

based

upon

its

relative

assets

and

relative

transactions.

For

the

period

ended

June

30,

2025,

the Fund

paid

transfer

agent

fees

as

noted

in

the

Statement of

Operations,

of

which

$57,015

was

retained

by

Investor

Services.

f. #### Investments

#### in

#### Affiliated

#### Management

#### Investment

#### Companies
The

Fund

invests

in

one

or

more

affiliated

management

investment

companies.

As

defined

in

the

1940

Act,

an

investment

is

deemed

to

be

a

"Controlled

Affiliate"

of

a

fund

when

a

fund

owns,

either

directly

or

indirectly,

25%

or

more

of

the

affiliated

fund's

outstanding

shares

or

has

the

power

to

exercise

control

over

management

or

policies

of

such

fund.

The

Fund

does

not

invest

for

purposes

of

exercising

a

controlling

influence

over

the

management

or

policies.

Management

fees

paid

by

the

Fund

are

waived

on

assets

invested

in

the

affiliated

management

investment

companies,

as

noted

in

the

Statement

of

Operations,

in

an

amount

not

to

exceed

the

management

and

administrative

fees,

if

applicable, paid

directly

or

indirectly

by

each

affiliate.

During

the

period

ended

June

30,

2025,

the

Fund

held

investments

in

affiliated

management

investment

companies

as

follows:

Class

A

....................................................................................

0.25%

Class

A1

...................................................................................

0.25%

Class

C

....................................................................................

1.00%

Class

C1

...................................................................................

0.65%

Class

R

....................................................................................

0.50%

Sales

charges

retained

net

of

commissions

paid

to

unaffiliated

brokers/dealers

..............................

$3,354

CDSC

retained

..............................................................................

$148

3. #### Transactions

#### with

#### Affiliates
(continued)

c. #### Distribution

#### Fees
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

g. #### Waiver

#### and

#### Expense

#### Reimbursements
Global

Advisors

has

contractually

agreed

in

advance

to

waive

or

limit

its

fees

and

to

assume

as

its

own

expense

certain

expenses

otherwise

payable

by

the

Fund

so

that

the

operating

expenses

(excluding

distribution

fees,

acquired

fund

fees

and

expenses,

and

certain

non-routine

expenses

or

costs,

including

those

relating

to

litigation,

indemnification,

reorganizations,

and

liquidations)

for

each

class

of

the

Fund

do

not

exceed

0.95%

based

on

the

average

net

assets

of

each

class

until

April

30,

2025. Total

expenses

waived

or

paid

are

not

subject

to

recapture

subsequent

to

the

Fund's

fiscal

year

end.

Transfer

agent

fees

on

Class

R6

shares

of

the

Fund have

been

capped

so

that

transfer

agent

fees

for

that

class

do

not

exceed

0.03%

based

on

the

average

net

assets

of

the

class

until

April

30,

2026. 4. #### Income

#### Taxes
For

tax

purposes,

capital

losses

may

be

carried

over

to

offset

future

capital

gains.

At

December

31,

2024,

the

capital

loss

carryforwards

were

as

follows:

For

tax

purposes,

the

Fund

may

elect

to

defer

any

portion

of

a

post-October

capital

loss

or

late-year

ordinary

loss

to

the

first

day

of

the

following

fiscal

year.

At

December

31,

2024,

the

Fund

deferred

late-year

ordinary

losses

of

$4,910,183.

#### &nbsp;&nbsp;&nbsp;&nbsp;aa

#### Value

#### at

#### Beginning

#### of

#### Period

#### Purchases

#### Sales

#### Realized

#### Gain
(Loss)

#### Net

#### Change

#### in

#### Unrealized

#### Appreciation
(Depreciation)

#### Value

#### at

#### End

#### of

#### Period

#### Number

#### of

#### Shares

#### Held

#### at

#### End

#### of

#### Period

#### Investment

#### Income

#### a&nbsp;&nbsp;&nbsp;&nbsp;

#### a

#### Templeton

#### Global

#### Balanced

#### Fund

#### Non-Controlled

#### Affiliates
Dividends

Institutional

Fiduciary

Trust

-

Money

Market

Portfolio,

4.332%

$5,983,330

$54,083,363

$(50,084,842)

$—

$—

$9,981,851

9,981,851

$215,194

#### Non-Controlled

#### Affiliates
Income

from

securities

loaned

Institutional

Fiduciary

Trust

-

Money

Market

Portfolio,

4.332%

$—

$37,723,000

$(35,696,000)

$—

$—

$2,027,000

2,027,000

$34,445

#### Total

#### Affiliated

#### Securities

#### ...
$5,983,330

$91,806,363

$(85,780,842)

$—

$—

$12,008,851

$249,639

Capital

loss

carryforwards

not

subject

to

expiration:

Short

term

................................................................................

$

24,893,552

Long

term

................................................................................

123,543,177

Total

capital

loss

carryforwards

...............................................................

$148,436,729

3. #### Transactions

#### with

#### Affiliates
(continued)

f. #### Investments

#### in

#### Affiliated

#### Management

#### Investment

#### Companies
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

At

June

30,

2025,

the

cost

of

investments

and

net

unrealized

appreciation

(depreciation) for

income

tax

purposes

were

as

follows:

Differences

between

income

and/or

capital

gains

as

determined

on

a

book

basis

and

a

tax

basis

are

primarily

due

to

differing

treatments

of

defaulted

securities,

foreign

currency

transactions,

wash

sales,

EU

reclaims,

payments-in-kind

and

bond

discounts

and

premiums.

5. #### Investment

#### Transactions
Purchases

and

sales

of

investments (excluding

short

term

securities) for

the

period

ended

June

30,

2025,

aggregated

$86,743,591 and

$108,615,626,

respectively.

At

June

30,

2025,

in

connection

with

securities

lending

transactions,

the

Fund

loaned

equity

investments

and

received

$2,027,000

of

cash

collateral.

The

gross

amount

of

recognized

liability

for

such

transactions

is

included

in

payable

upon

return

of

securities

loaned

in

the

Consolidated

Statement

of

Assets

and

Liabilities.

The

agreements

can

be

terminated

at

any

time.

6. #### Credit

#### Risk

#### and

#### Defaulted

#### Securities
At

June

30,

2025,

the

Fund

had 19.4%

of

its

portfolio

invested

in

high

yield

or

other

securities

rated

below

investment

grade

and

unrated

securities.

These

securities

may

be

more

sensitive

to

economic

conditions

causing

greater

price

volatility

and

are

potentially

subject

to

a

greater

risk

of

loss

due

to

default

than

higher

rated

securities.

The

Fund held

defaulted

securities

and/or

other

securities

for

which

the

income

has

been

deemed

uncollectible.

At

June

30,

2025,

the

aggregate

value

of

these

securities represents

less

than

0.1% of

the

Fund's

net

assets.

The

Fund

discontinues

accruing

income

on

securities

for

which

income

has

been

deemed

uncollectible

and

provides

an

estimate

for

losses

on

interest

receivable.

The

securities

have

been

identified

in

the

accompanying Schedule

of

Investments.

7. #### Concentration

#### of

#### Risk
Investing

in

foreign

securities

may

include

certain

risks

and

considerations

not

typically

associated

with

investing

in

U.S.

securities,

such

as

fluctuating

currency

values

and

changing

local,

regional

and

global

economic,

political

and

social

conditions,

which

may

result

in

greater

market

volatility.

Political

and

financial

uncertainty

in

many

foreign

regions

may

increase

market

volatility

and

the

economic

risk

of

investing

in

foreign

securities.

In

addition,

certain

foreign

securities

may

not

be

as

liquid

as

U.S.

securities.

8. #### Restricted

#### Securities
The

Fund

invests

in

securities

that

are

restricted

under

the

Securities

Act

of

1933

(1933

Act).

Restricted

securities

are

often

purchased

in

private

placement

transactions,

and

cannot

be

sold

without

prior

registration

unless

the

sale

is

pursuant

to

an

exemption

under

the

1933

Act.

Disposal

of

these

securities

may

require

greater

effort

and

expense,

and

prompt

sale

at

an

acceptable

price

may

be

difficult.

The Fund

may

have

registration

rights

for

restricted

securities.

The

issuer

generally

incurs

all

registration

costs.

Cost

of

investments

..........................................................................

$264,983,115

Unrealized

appreciation

........................................................................

$50,380,609

Unrealized

depreciation

........................................................................

(19,131,013)

Net

unrealized

appreciation

(depreciation)

..........................................................

$31,249,596

4. #### Income

#### Taxes
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

At

June

30,

2025,

investments

in

restricted

securities,

excluding

securities

exempt

from

registration

under

the

1933

Act,

were

as

follows:

9. #### Other

#### Derivative

#### Information
At

June

30,

2025,

investments

in

derivative

contracts

are

reflected

in

the Statement of

Assets

and

Liabilities

as

follows:

For

the

period

ended

June

30,

2025,

the

effect

of

derivative

contracts

in

the Statement

of

Operations

was

as

follows:

#### Shares

#### Issuer

#### Acquisition

#### Date

#### Cost

#### Value

#### Templeton

#### Global

#### Balanced

#### Fund
32,900,733

a

K2016470219

South

Africa

Ltd.,

A

...............

2/08/13

-

2/01/17

$

81,025

$

—

4,646,498

a

K2016470219

South

Africa

Ltd.,

B

...............

2/01/17

3,450

—

#### Total

#### Restricted

#### Securities
(Value

is

—%

of

Net

Assets)

#### ...............
$84,475

$—

a

The

Fund

also

invests

in

unrestricted

securities

of

the

issuer,

valued

at

$2,504

as

of

June

30,

2025. #### Asset

#### Derivatives

#### Liability

#### Derivatives

#### Derivative

#### Contracts

#### Not

#### Accounted

#### for

#### as

#### Hedging

#### Instruments

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Location

#### Fair

#### Value

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Location

#### Fair

#### Value

#### Templeton

#### Global

#### Balanced

#### Fund
Interest

rate

contracts

.......

Variation

margin

on

centrally

cleared

swap

contracts

$

692,883

a

Variation

margin

on

centrally

cleared

swap

contracts

$

344,357

a

Foreign

exchange

contracts

..

Unrealized

appreciation

on

OTC

forward

exchange

contracts

4,572,542

Unrealized

depreciation

on

OTC

forward

exchange

contracts

1,516,987

Total

....................

$5,265,425

$1,861,344

a

This

amount

reflects

the

cumulative

appreciation

(depreciation)

of

centrally

cleared

swap

contracts

as

reported

in

the

Schedule

of

Investments.

Only

the

variation

margin

receivable/payable

at

period

end

is

separately

reported

within

the

Statement

of

Assets

and

Liabilities.

Prior

variation

margin

movements

were

recorded

to

cash

upon

receipt

or

payment.

#### Derivative

#### Contracts

#### Not

#### Accounted

#### for

#### as

#### Hedging

#### Instruments

#### Statement

#### of

#### Operations

#### Location

#### Net

#### Realized

#### Gain
(Loss)

#### for

#### the

#### Period

#### Statement

#### of

#### Operations

#### Location

#### Net

#### Change

#### in

#### Unrealized

#### Appreciation
(Depreciation)

#### for

#### the

#### Period

#### Templeton

#### Global

#### Balanced

#### Fund
Net

realized

gain

(loss)

from:

Net

change

in

unrealized

&nbsp;&nbsp;&nbsp;&nbsp;appreciation

(depreciation)

on:

Interest

rate

contracts

..........

Swap

contracts

$(8,331)

Swap

contracts

$1,048,768

Foreign

exchange

contracts

.....

Forward

exchange

contracts

322,824

Forward

exchange

contracts

6,151,049

Total

.......................

$314,493

$7,199,817

8. #### Restricted

#### Securities
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

For

the

period

ended

June

30,

2025,

the

average

month

end

notional

amount

of

swap

contracts

represented

$17,055,802.

The

average

month

end

contract

value

of

forward

exchange

contracts

was

$151,081,546.

At

June

30,

2025,

the

Fund's

OTC

derivative

assets

and

liabilities

are

as

follows:

At

June

30,

2025,

OTC

derivative

assets,

which

may

be

offset

against

the

Fund's

OTC

derivative

liabilities

and

collateral

received

from

the

counterparty,

are

as

follows:

#### Gross

#### Amounts

#### of

#### Assets

#### and

#### Liabilities

#### Presented

#### in

#### the

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Assets

#### a

#### Liabilities

#### a

#### Templeton

#### Global

#### Balanced

#### Fund
Forward

Exchange

Contracts

.............................

$

4,572,542

$

1,516,987

Total

.............................................

$4,572,542

$1,516,987

a

Absent

an

event

of

default

or

early

termination,

OTC

derivative

assets

and

liabilities

are

presented

gross

and

not

offset

in

the

Statement

of

Assets

and

Liabilities.

#### Amounts

#### Not

#### Offset

#### in

#### the

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Gross

#### Amounts

#### of

#### Assets

#### Presented

#### in

#### the

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Financial

#### Instruments

#### Available

#### for

#### Offset

#### Financial

#### Instruments

#### Collateral

#### Received

#### a,b

#### Cash

#### Collateral

#### Received

#### Net

#### Amount

#### (Not

#### less

#### than

#### zero)

#### Templeton

#### Global

#### Balanced

#### Fund

#### Counterparty
BNDP

...................

$

195,591

$

(195,591)

$

—

$

—

$

—

BOFA

....................

666,005

(309,843)

(293,796)

—

62,366

BZWS

...................

—

—

—

—

—

CITI

.....................

139,545

(30,480)

—

(109,065)

—

DBAB

...................

1,271,551

(51,125)

—

(1,180,000)

40,426

GSCO

...................

733,379

—

—

(540,000)

193,379

HSBK

...................

620,225

(22,810)

—

(360,000)

237,415

JPHQ

...................

767,045

(392,616)

(301,132)

—

73,297

MSCO

...................

179,201

(11,045)

—

—

168,156

Total

...................

$4,572,542

$(1,013,510)

$(594,928)

$(2,189,065)

$775,039

$

a

At

June

30,

2025,

the

Fund

received

U.S

Treasury

Bills,

Bonds

and

Notes

as

collateral

for

derivatives.

b

In

some

instances,

the

collateral

amounts

disclosed

in

the

table

above

were

adjusted

due

to

the

requirement

to

limit

the

collateral

amounts

to

avoid

the

effect

of

over

collateralization.

Actual

collateral

received

and/or

pledged

may

be

more

than

the

amounts

disclosed

herein.

9. #### Other

#### Derivative

#### Information
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

At

June

30,

2025,

OTC

derivative

liabilities,

which

may

be

offset

against

the

Fund's

OTC

derivative

assets

and

collateral

pledged

to

the

counterparty,

are

as

follows:

See

Note

1(d) regarding

derivative

financial

instruments.

See

Abbreviations

on

.

10. #### Credit

#### Facility
The

Fund,

together

with

other

U.S.

registered

and

foreign

investment

funds

(collectively,

Borrowers),

managed

by

Franklin

Templeton,

are

borrowers

in

a

joint

syndicated

senior

unsecured

credit

facility

totaling

$2.995

billion

(Global

Credit

Facility)

which

matures

on

January

30,

2026. This

Global

Credit

Facility

provides

a

source

of

funds

to

the

Borrowers

for

temporary

and

emergency

purposes,

including

the

ability

to

meet

future

unanticipated

or

unusually

large

redemption

requests.

Under

the

terms

of

the

Global

Credit

Facility,

the

Fund

may,

in

addition

to

interest

charged

on

any

borrowings

made

by

the

Fund

and

other

costs

incurred

by

the

Fund,

pay

its

share

of

fees

and

expenses

incurred

in

connection

with

the

implementation

and

maintenance

of

the

Global

Credit

Facility,

based

upon

its

relative

share

of

the

aggregate

net

assets

of

all

of

the

Borrowers,

including

an

annual

commitment

fee

of

0.15%

based

upon

the

unused

portion

of

the

Global

Credit

Facility.

These

fees

are

reflected

in

other

expenses

in

the

Statement

of

Operations.

During

the

period

ended

June

30,

2025,

the Fund

did

not

use

the

Global

Credit

Facility.

#### Amounts

#### Not

#### Offset

#### in

#### the

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Gross

#### Amounts

#### of

#### Liabilities

#### Presented

#### in

#### the

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Financial

#### Instruments

#### Available

#### for

#### Offset

#### Financial

#### Instruments

#### Collateral

#### Pledged

#### Cash

#### Collateral

#### Pledged

#### a

#### Net

#### Amount

#### (Not

#### less

#### than

#### zero)

#### Templeton

#### Global

#### Balanced

#### Fund

#### Counterparty
BNDP

...................

$

346,116

$

(195,591)

$

—

$

(150,525)

$

—

BOFA

....................

309,843

(309,843)

—

—

—

BZWS

...................

352,952

—

—

(260,000)

92,952

CITI

.....................

30,480

(30,480)

—

—

—

DBAB

...................

51,125

(51,125)

—

—

—

GSCO

...................

—

—

—

—

—

HSBK

...................

22,810

(22,810)

—

—

—

JPHQ

...................

392,616

(392,616)

—

—

—

MSCO

...................

11,045

(11,045)

—

—

—

Total

...................

$1,516,987

$(1,013,510)

$—

$(410,525)

$92,952

a

In

some

instances,

the

collateral

amounts

disclosed

in

the

table

above

were

adjusted

due

to

the

requirement

to

limit

the

collateral

amounts

to

avoid

the

effect

of

over

collateralization.

Actual

collateral

received

and/or

pledged

may

be

more

than

the

amounts

disclosed

herein.

9. #### Other

#### Derivative

#### Information
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

11. #### Fair

#### Value

#### Measurements
The

Fund

follows

a

fair

value

hierarchy

that

distinguishes

between

market

data

obtained

from

independent

sources

(observable

inputs)

and

the Fund's

own

market

assumptions

(unobservable

inputs).

These

inputs

are

used

in

determining

the

value

of

the

Fund's financial

instruments

and

are

summarized

in

the

following

fair

value

hierarchy:

Level

–

quoted

prices

in

active

markets

for

identical

financial

instruments

Level

–

other

significant

observable

inputs

(including

quoted

prices

for

similar

financial

instruments,

interest

rates,

prepayment

speed,

credit

risk,

etc.)

Level

–

significant

unobservable

inputs

(including

the

Fund's

own

assumptions

in

determining

the

fair

value

of

financial

instruments)

The

input

levels

are

not

necessarily

an

indication

of

the

risk

or

liquidity

associated

with

financial

instruments

at

that

level.

A

summary

of

inputs

used

as

of

June

30,

2025,

in

valuing

the

Fund's assets

and

liabilities carried

at

fair

value,

is

as

follows:

A

reconciliation

in

which

Level

inputs

are

used

in

determining

fair

value

is

presented

when

there

are

significant

Level

assets

and/or

liabilities

at

the

beginning

and/or

end

of

the period.

#### Level

#### 1

#### Level

#### 2

#### Level

#### 3

#### Total

#### Templeton

#### Global

#### Balanced

#### Fund

#### Assets:
Investments

in

Securities:

Common

Stocks

:

China

...............................

$

—

$

1,995,935

$

—

$

1,995,935

Germany

.............................

—

22,236,769

—

22,236,769

Japan

...............................

—

19,747,748

—

19,747,748

Netherlands

...........................

—

7,483,960

—

7,483,960

South

Africa

...........................

—

—

—

—

South

Korea

..........................

—

4,324,963

—

4,324,963

Taiwan

...............................

—

8,275,645

—

8,275,645

United

Kingdom

........................

4,261,379

23,209,859

—

27,471,238

United

States

..........................

44,703,301

9,698,888

—

54,402,189

Equity-Linked

Securities

...................

—

16,452,869

—

16,452,869

Corporate

Bonds

........................

—

—

—

a

—

Foreign

Government

and

Agency

Securities

....

—

109,988,217

—

109,988,217

U.S.

Government

and

Agency

Securities

.......

—

1,099,939

—

1,099,939

Escrows

and

Litigation

Trusts

...............

—

—

2,504

2,504

Short

Term

Investments

...................

12,008,851

7,337,803

—

19,346,654

Total

Investments

in

Securities

...........

$60,973,531

$231,852,595

b

$2,504

$292,828,630

Other

Financial

Instruments:

Forward

Exchange

Contracts

...............

$—

$4,572,542

$—

$4,572,542

Swap

Contracts

.........................

—

692,883

—

692,883

Total

Other

Financial

Instruments

.........

$—

$5,265,425

$—

$5,265,425

#### Liabilities:
Other

Financial

Instruments:

Forward

Exchange

Contracts

...............

$—

$1,516,987

$—

$1,516,987

Swap

Contracts

.........................

—

344,357

—

344,357

Total

Other

Financial

Instruments

.........

$—

$1,861,344

$—

$1,861,344

a

Includes

financial

instruments

determined

to

have

no

value.

b

Includes

foreign

securities

valued

at

$96,973,767,

which

were

categorized

as

Level

as

a

result

of

the

application

of

market

level

fair

value

procedures.

See

the

Financial

Instrument

Valuation

note

for

more

information.

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

12. #### Operating

#### Segments
The

Fund has adopted

the

FASB

Accounting

Standards

Update

(ASU)

2023-07,

*Segment* 

*Reporting* 

*(Topic* 

*280)* 

*-* 

*Improvements* 

*to* 

*Reportable* 

*Segment* 

*Disclosures.*

The

update

is

limited

to

disclosure

requirements

and

does

not

impact

the Fund's

financial

position

or

results

of

operations.

The Fund operates

as

a

single

operating

segment,

which

is

an

investment

portfolio.

The

Fund's Investment

manager

serves

as

the

Chief

Operating

Decision

Maker

(CODM),

evaluating

fund-wide

results

and

performance

under

a

unified

investment

strategy.

The

CODM

uses

these

measures

to

assess

fund

performance

and

allocate

resources

effectively.

Internal

reporting

provided

to

the

CODM

aligns

with

the

accounting

policies

and

measurement

principles

used

in

the financial

statements.

For

information

regarding

segment

assets,

segment

profit

or

loss,

and

significant

expenses,

refer

to

the Statement

of

Assets

and

Liabilities

and

the Statement

of

Operations,

along

with

the

related

notes

to

the financial

statements.

The Schedule

of

Investments

provides

details

of

the Fund's investments

that

generate

returns

such

as

interest,

dividends,

and

realized

and

unrealized

gains

or

losses.

Performance

metrics,

including

portfolio

turnover

and

expense

ratios,

are

disclosed

in

the Financial

Highlights.

13. #### New

#### Accounting

#### Pronouncements
In

December

2023,

the

FASB

issued

ASU

No.

2023-09,

Income

Taxes

(Topic

740)

–

Improvements

to

Income

Tax

Disclosures.

The

amendments

enhance

income

tax

disclosures

by

requiring

greater

disaggregation

in

the

rate

reconciliation

and

income

taxes

paid

by

jurisdiction,

while

removing

certain

disclosure

requirements.

The

ASU

is

effective

for

annual

periods

beginning

after

December

15,

2024,

with

early

adoption

permitted.

Management

is

currently

evaluating

the

impact

and

believes

that

the

adoption

of

the

ASU

will

not

have

a

material

impact

on

the

financial

statements.

14. #### Subsequent

#### Events
The Fund

has

evaluated

subsequent

events

through

the

issuance

of

the

financial

statements

and

determined

that

no

events

have

occurred

that

require

disclosure

other

than

those

already

disclosed

in

the

financial

statements.

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Global

#### Balanced

#### Fund
(continued)

#### Abbreviations

#### Counterparty

#### BNDP
BNP

Paribas

SA

#### BOFA
Bank

of

America

NA

#### BZWS
Barclays

Bank

plc

#### CITI
Citibank

NA

#### DBAB
Deutsche

Bank

AG

#### GSCO
Goldman

Sachs

Group,

Inc.

#### HSBK
HSBC

Bank

plc

#### JPHQ
JPMorgan

Chase

Bank

NA

#### MSCO
Morgan

Stanley

#### Selected

#### Portfolio

#### ADR
American

Depositary

Receipt

#### CDI
certificado

de

deposito

interbancario

#### PIK
Payment-In-Kind

#### Cu

#### r

#### rency

#### AUD
Australian

Dollar

#### BRL
Brazilian

Real

#### COP
Colombian

Peso

#### EGP
Egyptian

Pound

#### EUR
Euro

#### GHS
Ghanaian

Cedi

#### INR
Indian

Rupee

#### JPY
Japanese

Yen

#### KZT
Kazakhstani

Tenge

#### MXN
Mexican

Peso

#### NOK
Norwegian

Krone

#### USD
United

States

Dollar

#### UYU
Uruguayan

Peso

#### ZAR
South

African

Rand

The

following

reference

rates,

and

their

values

as

of

period

end,

are

used

for

security

descriptions:

#### Reference

#### Index

#### Reference

#### Rate
1-day

BRL

CDI

......................

14.90%

1-day

TIIEOIS

.......................

8.14%

Templeton

Global

Investment

Trust

franklintempleton.com

Semiannual

Report

#### BOARD

#### APPROVAL

#### OF

#### INVESTMENT

#### MANAGEMENT

#### AGREEMENTS

#### TEMPLETON

#### GLOBAL

#### INVESTMENT

#### TRUST

#### Templeton

#### Global

#### Balanced

#### Fund
(Fund)

At

an

in-person

meeting

held

on

May

29,

2025

(Meeting),

the

Board

of

Trustees

(Board)

of

the

Templeton

Global

Investment

Trust

(Trust),

including

a

majority

of

the

trustees

who

are

not

"interested

persons"

as

defined

in

the

Investment

Company

Act

of

1940

(Independent

Trustees),

reviewed

and

approved

the

continuance

of

the:

(i) investment

management

agreement

between

Templeton

Global

Advisors

Limited

(TGAL)

and

the

Trust;

(ii) the

investment

sub-advisory

agreement

between

TGAL

and

Franklin

Advisers,

Inc.

(FAI),

an

affiliate

of

TGAL;

and

(iii) the

investment

sub-advisory

agreement

between

TGAL

and

Templeton

Investment

Counsel,

LLC,

an

affiliate

of

TGAL

(TICL,

and

collectively

with

FAI,

the

Sub-Advisers),

each

on

behalf

of

the

Fund

(each

a

Management

Agreement)

for

an

additional

one-year

period.

The

Independent

Trustees

received

advice

from

and

met

separately

with

Independent

Trustee

counsel

to

consider

the

renewal

of

each

Management

Agreement.

FAI,

TGAL

and

TICL

are

each

referred

to

herein

as

a

Manager.

In

considering

the

continuance

of

each

Management

Agreement,

the

Board

reviewed

and

considered

information

provided

by

each

Manager

at

the

Meeting

and

throughout

the

year

at

meetings

of

the

Board

and

its

committees.

The

Board

also

reviewed

and

considered

information

provided

in

response

to

a

detailed

set

of

requests

for

information

submitted

to

each

Manager

by

Independent

Trustee

counsel

on

behalf

of

the

Independent

Trustees

in

connection

with

the

annual

contract

renewal

process.

In

addition,

prior

to

the

Meeting,

the

Independent

Trustees

held

a

virtual

contract

renewal

meeting

at

which

the

Independent

Trustees

first

conferred

amongst

themselves

and

Independent

Trustee

counsel

about

contract

renewal

matters,

and

then

met

with

management

to

request

additional

information

that

the

Independent

Trustees

also

considered

prior

to

and

at

the

Meeting.

On

several

occasions,

both

prior

to,

and

at

the

Meeting,

the

Independent

Trustees

met

with

senior

executives

of

Franklin

Resources,

Inc.

(FRI),

the

Managers'

parent,

to

discuss

management's

perspectives

on

and

ask

questions

regarding

the

performance

of

the

Fund

and

future

business

strategies

to

address

Fund

underperformance.

The

Board

further

considered

all

#### Changes

#### In

#### and

#### Disagreements

#### with

#### Accountants
For

the

period

covered

by

this

report

Not

applicable.

#### Results

#### of

#### Meeting(s)

#### of

#### Shareholders
For

the

period

covered

by

this

report

Not

applicable.

#### Remuneration

#### Paid

#### to

#### Directors,

#### Officers

#### and

#### Others
For

the

period

covered

by

this

report

Refer

to

the

financial

statements

included

herein.

Remuneration

to

officers

is

paid

by

the

Fund's

investment

manager

according

to

the

terms

of

the

agreement.

#### Board

#### Approval

#### of

#### Investment

#### Management

#### Agreements
For

the

period

covered

by

this

report

Templeton

Global

Investment

Trust

franklintempleton.com

Semiannual

Report

of

the

factors

it

deemed

relevant

in

approving

the

continuance

of

each

Management

Agreement,

including,

but

not

limited

to:

(i) the

nature,

extent

and

quality

of

the

services

provided

by

each

Manager;

(ii) the

investment

performance

of

the

Fund;

(iii) the

costs

of

the

services

provided

and

profits

realized

by

each

Manager

and

its

affiliates

from

the

relationship

with

the

Fund;

(iv) the

extent

to

which

economies

of

scale

are

realized

as

the

Fund

grows;

and

(v) whether

fee

levels

reflect

these

economies

of

scale

for

the

benefit

of

Fund

investors.

In

approving

the

continuance

of

each

Management

Agreement,

the

Board,

including

a

majority

of

the

Independent

Trustees,

determined,

through

the

exercise

of

its

business

judgment,

that

the

terms

of

the

Management

Agreements

are

fair

and

reasonable

and

that

the

continuance

of

the

Management

Agreements

is

in

the

best

interests

of

the

Fund

and

its

shareholders.

While

attention

was

given

to

all

information

furnished,

the

following

discusses

some

primary

factors

relevant

to

the

Board's

determination.

#### Nature,

#### Extent

#### and

#### Quality

#### of

#### Services
The

Board

reviewed

the

information

it

received

regarding

the

nature,

extent

and

quality

of

investment

management

services

provided

by

each

Manager

and

its

affiliates

to

the

Fund

and

its

shareholders.

This

information

included,

among

other

things,

the

qualifications,

background

and

experience

of

the

senior

management

and

investment

personnel

of

each

Manager;

as

well

as

information

on

succession

planning

where

appropriate;

the

structure

of

investment

personnel

compensation;

oversight

of

third-party

service

providers;

investment

performance

reports

and

related

financial

information

for

the

Fund;

reports

on

expenses

and

shareholder

services;

legal

and

compliance

matters;

risk

controls;

pricing

and

other

services

provided

by

each

Manager

and

its

affiliates;

and

management

fees

charged

by

each

Manager

and

its

affiliates

to

US

funds

and

other

accounts,

including

management's

explanation

of

differences

among

accounts

where

relevant.

The

Board

also

reviewed

and

considered

an

annual

report

on

payments

made

by

Franklin

Templeton

(FT)

or

the

Fund

to

financial

intermediaries,

as

well

as

a

memorandum

relating

to

third-party

servicing

arrangements.

The

Board

acknowledged

the

ongoing

integration

of

acquired

third-party

fund

families

into

the

FT

family

of

funds

and

management's

continued

development

of

strategies

to

address

evolving

changes

in

domestic

policy

and

continuing

geopolitical

concerns.

The

Board

also

reviewed

and

considered

the

benefits

provided

to

Fund

shareholders

of

investing

in

a

fund

that

is

part

of

the

FT

family

of

funds.

The

Board

noted

the

financial

position

of

FRI

and

its

commitment

to

the

mutual

fund

business

as

evidenced

by

its

continued

reassessment

of

the

fund

offerings

in

response

to

FT

acquisitions

and

the

market

environment,

as

well

as

its

evaluation

of

ways

to

incorporate

private

assets

into

more

traditional

investment

vehicles.

The

Board

specifically

noted

FT's

commitment

to

technological

innovation

and

advancement,

including

its

continued

focus

on

developing

potential

use

cases

for

tokenization

and

the

blockchain

and

the

use

of

artificial

intelligence

tools

to

help

streamline

day-to-day

tasks.

Following

consideration

of

such

information,

the

Board

was

satisfied

with

the

nature,

extent

and

quality

of

services

provided

by

each

Manager

and

its

affiliates

to

the

Fund

and

its

shareholders.

#### Fund

#### Performance
The

Board

reviewed

and

considered

the

performance

results

of

the

Fund

over

various

time

periods

ended

December

31,

2024. The

Board

considered

the

performance

returns

for

the

Fund

in

comparison

to

the

performance

returns

of

mutual

funds

deemed

comparable

to

the

Fund

included

in

a

universe

(Performance

Universe)

selected

by

Broadridge

Financial

Solutions,

Inc.

(Broadridge),

an

independent

provider

of

investment

company

data.

The

Board

received

a

description

of

the

methodology

used

by

Broadridge

to

select

the

mutual

funds

included

in

a

Performance

Universe.

The

Board

also

considered

the

performance

returns

for

the

Fund

in

comparison

to

the

performance

returns

of

a

customized

peer

group

(Performance

Customized

Peer

Group)

selected

by

the

Manager.

The

Board

also

reviewed

and

considered

Fund

performance

reports

provided

and

discussions

that

occurred

with

portfolio

managers

at

Board

meetings

throughout

the

year.

A

summary

of

the

Fund's

performance

results

is

below.

Templeton

Global

Investment

Trust

franklintempleton.com

Semiannual

Report

The

Performance

Universe

for

the

Fund

included

the

Fund

and

all

retail

and

institutional

mixed-asset

target

allocation

moderate

funds.

The

Performance

Customized

Peer

Group

for

the

Fund

included

funds

that

are

classified

as

mid-target

allocation

moderate

funds

and

with

greater

than

10%

exposure

to

non-US

fixed

income.

The

Board

noted

that

the

Fund's

annualized

total

return

for

the

one-,

three-,

five-

and

10-year

periods

was

below

the

medians

of

its

Performance

Universe

and

Performance

Customized

Peer

Group.

On

several

occasions,

both

prior

to,

and

at

the

Meeting,

the

Independent

Trustees

met

with

senior

executives

at

FRI

to

discuss

management's

perspectives

on

and

ask

questions

regarding

the

performance

of

the

Fund

and

future

business

strategies

to

address

persistent

Fund

underperformance.

Management

discussed

with

the

Independent

Trustees

the

scope

of

the

overall

integration

of

certain

recently

acquired

asset

managers

and

the

impact

of

the

integration

firm

wide.

Management

explained,

as

part

of

the

larger

firm-wide

integration,

its

plan

to

integrate

the

Templeton

Global

Macro

team

into

the

Franklin

Templeton

Fixed

Income

group.

Management

responded

to

questions

from

the

Independent

Trustees

regarding

the

impact

the

integration

would

have

on

the

investment

leadership

of

the

Templeton

Global

Macro

team.

Management

explained

that

the

Templeton

Global

Macro

team

would

now

report

to

the

CIO

of

the

Franklin

Templeton

Fixed

Income

Group.

The

Trustees

met

with

the

CIO

of

the

Franklin

Templeton

Fixed

Income

Group

and

discussed,

among

other

topics,

past

Fund

performance

and

expected

enhancements

to

the

Fund's

fixed-income

processes,

including

the

enhanced

collaboration

with

the

firm's

Investment

Risk

Management

Group.

In

addition,

the

Board

further

discussed

the

performance

of

the

Fund

with

other

members

of

management

prior

to

and

at

the

Meeting,

noting

that

as

a

"balanced

fund"

the

Fund

invested

at

least

25%

of

its

assets

in

fixed

income

securities

and

at

least

25%

of

its

assets

in

equity

securities.

Management

explained

that

the

fixed

income

sleeves

of

the

peers

in

the

Performance

Universe

and

Performance

Customized

Peer

Group

generally

maintained

substantially

greater

credit/spread

sector

allocations,

greater

US

country

and

dollar

exposures,

and

longer

portfolio

durations

than

the

Fund's

fixed

income

sleeve,

which

adversely

impacted

the

Fund's

performance.

Management

further

explained

that

the

Fund's

equity

sleeve

had

a

lower

allocation,

on

average,

to

the

US

versus

its

performance

peers,

which

also

adversely

impacted

performance

as

US

securities

outperformed

non-US

securities

in

recent

years.

Management

also

explained

more

specifically

that

it

believed

the

Fund's

fixed

income

sleeve's

three-

and

five-year

relative

underperformance

was

largely

attributable

to

the

Fund's

defensive

positioning

in

2020,

which

restrained

its

upside

potential

as

risk

assets

rallied

in

the

second

half

of

2020,

as

well

as

the

Fund's

fixed

income

sleeve's

non-dollar

currency

positioning

in

2024

as

the

US

dollar

reached

historical

highs

against

many

currencies.

The

Board

discussed

with

management

the

actions

that

are

being

taken/have

been

taken

in

an

effort

to

improve

the

overall

performance

of

the

Fund,

including

the

enhanced

collaboration

between

the

portfolio

management

team

and

the

firm's

Investment

Risk

Management

Group,

increased

integration

of

research

ideas

across

the

equity

and

fixed

income

teams,

and

refinements

to

the

Fund's

investment

process.

The

Board

also

received

a

preview

from

management

of

potential

Fund

changes

that

management

expected

to

present

to

the

Board

at

its

next

meeting.

The

Board

concluded

that,

taking

into

consideration

all

of

the

discussions

with

and

information

provided

by

management,

the

Fund's

Management

Agreement

should

be

continued

for

an

additional

one-year

period,

while

management's

efforts

continue

to

be

closely

monitored.

#### Comparative

#### Fees

#### and

#### Expenses
The

Board

reviewed

and

considered

information

regarding

the

Fund's

actual

total

expense

ratio

and

its

various

components,

including,

as

applicable,

management

fees;

transfer

agent

expenses;

underlying

fund

expenses;

Rule

12b-1

and

non-Rule

12b-1

service

fees;

and

other

non-management

fees.

The

Board

also

noted

the

quarterly

and

annual

reports

it

receives

on

all

marketing

support

payments

made

by

FT

to

financial

intermediaries.

The

Board

considered

the

actual

total

expense

ratio

and,

separately,

the

contractual

management

fee

rate,

without

the

effect

of

fee

waivers,

if

any

(Management

Rate)

of

the

Fund

in

comparison

to

the

median

expense

ratio

and

median

Management

Rate,

respectively,

of

other

mutual

funds

deemed

comparable

to

and

with

a

similar

expense

structure

to

the

Fund

selected

by

Broadridge

(Expense

Group).

Broadridge

fee

and

expense

data

is

based

upon

information

taken

from

each

fund's

most

recent

annual

or

semi-annual

report,

which

reflects

historical

asset

levels

that

may

be

quite

different

from

those

currently

existing,

particularly

in

a

period

of

market

volatility.

While

recognizing

such

inherent

limitation

and

the

fact

that

expense

ratios

and

Management

Rates

generally

increase

as

assets

decline

and

decrease

as

assets

grow,

the

Board

believed

the

independent

analysis

conducted

by

Broadridge

to

be

an

Templeton

Global

Investment

Trust

franklintempleton.com

Semiannual

Report

appropriate

measure

of

comparative

fees

and

expenses.

The

Broadridge

Management

Rate

includes

administrative

charges,

and

the

actual

total

expense

ratio,

for

comparative

consistency,

was

shown

for

Class

A

shares

for

the

Fund

and

for

each

other

fund

in

the

Expense

Group.

The

Board

received

a

description

of

the

methodology

used

by

Broadridge

to

select

the

mutual

funds

included

in

an

Expense

Group.

The

Expense

Group

for

the

Fund

included

the

Fund

and

four

other

mixed-asset

target

allocation

moderate

funds.

The

Board

noted

that

the

Management

Rate

and

the

actual

total

expense

ratio

for

the

Fund

were

above

the

medians

of

its

Expense

Group,

noting

that

the

Management

Rate

was

approximately

2.5 basis

points

above

the

median

of

the

Expense

Group.

The

Board

discussed

the

expenses

of

this

Fund

with

management

and

management

explained

that

the

Fund

invests

by

a

higher

proportion

than

its

Expense

Group

in

non-US

fixed

income

securities

which

have

higher

research

requirements

and

transaction

costs

and

participate

in

foreign

currency

hedging.

Management

further

explained

that

it

had

requested

that

Broadridge

create

a

customized

expense

group

("Customized

Expense

Group")

comprised

of

funds

that

are

classified

as

mid-

target

allocation

moderate

funds

with

greater

than

10%

non-US

fixed

income

securities.

Management

noted

that

the

Fund's

Management

Rate

and

total

expenses

were

0.5 and

5.5 basis

points,

respectively,

above

the

medians

of

the

Customized

Expense

Group.

Management

also

explained

its

views

regarding

the

higher

actual

total

expense

ratios

of

the

funds

with

smaller

assets

under

management

(AUM)

in

the

Customized

Expense

Group,

like

the

Fund

($338

million),

versus

peers

with

over

$1

billion

in

AUM,

noting

the

greater

impact

of

fixed

non-management

expenses

on

the

actual

total

expense

ratios

of

the

smaller

sized

funds.

The

Board

also

noted

that

the

Fund's

actual

total

expense

ratio

reflected

an

expense

cap

on

operating

expenses.

The

Board

further

noted

that

each

Sub-Adviser

is

paid

by

TGAL

out

of

the

management

fee

TGAL

receives

from

the

Fund

and

that

the

allocation

of

the

fee

between

TGAL

and

each

Sub-Adviser

reflected

the

services

provided

by

each

to

the

Fund.

After

consideration

of

the

above,

the

Board

concluded

that

the

Management

Rate

charged

to

the

Fund

and

the

sub-

advisory

fee

paid

to

each

Sub-Adviser

are

reasonable.

#### Profitability
The

Board

reviewed

and

considered

information

regarding

the

profits

realized

by

TGAL

and

its

affiliates

in

connection

with

the

operation

of

the

Fund.

In

this

respect,

the

Board

considered

the

Fund

profitability

analysis

that

addresses

the

overall

profitability

of

FT's

US

fund

business,

as

well

as

its

profits

in

providing

investment

management

and

other

services

to

each

of

the

individual

funds

during

the

12-month

period

ended

September

30,

2024,

being

the

most

recent

fiscal

year-end

for

FRI.

The

Board

noted

that

although

management

continually

makes

refinements

to

its

methodologies

used

in

calculating

profitability

in

response

to

organizational

and

product-related

changes,

the

overall

methodology

has

remained

consistent

with

that

used

in

the

Fund's

profitability

report

presentations

from

prior

years.

The

Board

also

noted

that

an

independent

registered

public

accounting

firm

has

been

engaged

to

periodically

review

and

assess

the

allocation

methodologies

to

be

used

solely

by

the

Fund's

Board

with

respect

to

the

profitability

analysis.

The

Board

noted

management's

belief

that

costs

incurred

in

establishing

the

infrastructure

necessary

for

the

type

of

mutual

fund

operations

conducted

by

each

Manager

and

its

affiliates

may

not

be

fully

reflected

in

the

expenses

allocated

to

the

Fund

in

determining

its

profitability,

as

well

as

the

fact

that

the

level

of

profits,

to

a

certain

extent,

reflected

operational

cost

savings

and

efficiencies

initiated

by

management.

As

part

of

this

evaluation,

the

Board

considered

management's

outsourcing

of

certain

operations,

which

effort

has

required

considerable

up-front

expenditures

by

the

Manager,

but

over

the

long

run

is

expected

to

result

in

greater

efficiencies.

The

Board

also

noted

management's

expenditures

in

improving

shareholder

services

provided

to

the

Fund,

as

well

as

the

need

to

implement

systems

and

meet

additional

regulatory

and

compliance

requirements

resulting

from

recent

US

Securities

and

Exchange

Commission

and

other

regulatory

requirements.

The

Board

also

considered

the

extent

to

which

each

Manager

and

its

affiliates

might

derive

ancillary

benefits

from

fund

operations,

including

revenues

generated

from

transfer

agent

services,

potential

benefits

resulting

from

personnel

and

systems

enhancements

necessitated

by

fund

growth,

as

well

as

increased

leverage

with

service

providers

and

counterparties.

Based

upon

its

consideration

of

all

these

factors,

the

Board

concluded

that

the

level

of

profits

realized

by

each

Manager

and

its

affiliates

from

providing

services

to

the

Fund

was

not

excessive

in

view

of

the

nature,

extent

and

quality

of

services

provided

to

the

Fund.

Templeton

Global

Investment

Trust

franklintempleton.com

Semiannual

Report

#### Economies

#### of

#### Scale
The

Board

reviewed

and

considered

the

extent

to

which

each

Manager

may

realize

economies

of

scale,

if

any,

as

the

Fund

grows

larger

and

whether

the

Fund's

management

fee

structure

reflects

any

economies

of

scale

for

the

benefit

of

shareholders.

With

respect

to

possible

economies

of

scale,

the

Board

noted

the

existence

of

management

fee

breakpoints,

which

operate

generally

to

share

any

economies

of

scale

with

the

Fund's

shareholders

by

reducing

the

Fund's

effective

management

fees

as

the

Fund

grows

in

size.

The

Board

considered

each

Manager's

view

that

any

analyses

of

potential

economies

of

scale

in

managing

a

particular

fund

are

inherently

limited

in

light

of

the

joint

and

common

costs

and

investments

each

Manager

incurs

across

the

FT

family

of

funds

as

a

whole.

The

Board

noted

that

the

Fund

had

experienced

a

significant

decrease

in

assets

and

would

not

be

expected

to

demonstrate

additional

economies

of

scale

in

the

near

term,

but

concluded

that

to

the

extent

economies

of

scale

may

be

realized

by

a

Manager

and

its

affiliates,

the

Fund's

management

fee

structure

provided

a

sharing

of

benefits

with

the

Fund

and

its

shareholders

as

the

Fund

grows.

#### Conclusion
Based

on

its

review,

consideration

and

evaluation

of

all

factors

it

believed

relevant,

including

the

above-described

factors

and

conclusions,

the

Board

unanimously

approved

the

continuance

of

each

Management

Agreement

for

an

additional

one-year

period.

4290-SFSOI

08/25©

2025

Franklin

Templeton.

All

rights

reserved.

ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

The information is disclosed as part of the Financial Statements included in Item 7 of this Form N-CSR.

ITEM 9. PROXY DISCLOSURES FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

The information is disclosed as part of the Financial Statements included in Item 7 of this Form N-CSR.

ITEM 10. REMUNERATION PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES.

The information is disclosed as part of the Financial Statements included in Item 7 of this Form N-CSR.

ITEM 11. STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT ADVISORY CONTRACT.

The information is disclosed as part of the Financial Statements included in Item 7 of this Form N-CSR, as applicable.

ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

Not applicable.

---

| | |
|:---|:---|
| ITEM 15. | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. |

---

Not app There have been no changes to the procedures by which shareholders may recommend nominees to the Registrant's Board of Trustees that would require disclosure herein.

ITEM 16. CONTROLS AND PROCEDURES.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Registrant's chief executive officer and chief financial officer have concluded that the Registrant's disclosure controls
 and procedures (as defined in Rule 30a- 3(c) under the Investment Company Act of 1940, as amended (the "1940 Act")) are effective
 as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their
 evaluation of the disclosure controls and procedures required by Rule 30a-3(b) under the 1940 Act and 15d-15(b) under the Securities Exchange
 Act of 1934.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) There were no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940
 Act) that occurred during the period covered by this report that have materially affected, or are likely to materially affect the Registrant's
 internal control over financial reporting.

ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

ITEM 19. EXHIBITS.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) (1) Not applicable.

Exhibit 99.CODE ETH

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[(a) (3) Certifications pursuant to section 302 of the Sarbanes-Oxley Act of 2002 attached hereto.](tgbf-efp17119_ex99cert.htm)

Exhibit 99.CERT

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[(b) Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 attached hereto.](tgbf-efp17119_ex99906cert.htm)

Exhibit 99.906CERT

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this Report to be signed on its behalf by the undersigned, there unto duly authorized.

**Templeton Global Investment Trust**

---

| | |
|:---|:---|
| By: | /s/ Christopher Kings |
|  | Christopher Kings |
|  | Chief Executive Officer - Finance and Administration |
| Date: | August 26, 2025 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ Christopher Kings |
|  | Christopher Kings |
|  | Chief Executive Officer - Finance and Administration |
| Date: | August 26, 2025 |

---

---

| | |
|:---|:---|
| By: | /s/ Jeffrey White |
|  | Jeffrey White |
|  | Chief Financial Officer, Chief Accounting Officer and Treasurer |
| Date: | August 26, 2025 |

---

## Ex-99.Cert

CERTIFICATIONS PURSUANT TO SECTION 302

EX-99.CERT

**<u>CERTIFICATIONS</u>**

I, Christopher Kings, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of **Templeton Global Investment Trust**;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the
period covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule
30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to
be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented
in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to
the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Disclosed in this report any change in the registrant's internal control over financial reporting
that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the
registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officers and I have disclosed to the registrant's auditors
and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and
report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Any fraud, whether or not material, that involves management or other employees who have a significant
role in the registrant's internal control over financial reporting.

Date: August 26, 2025

---

| |
|:---|
| /s/ Christopher Kings |
| Christopher Kings |
| Executive Officer – Finance and Administration |

---

**<u>CERTIFICATIONS</u>**

I, Jeffrey White, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of **Templeton Global Investment Trust**;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to
state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial information included in this report, and the financial statements
on which the financial information is based, fairly present in all material respects the financial condition, results of operations, changes
in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of,
and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The registrant's other certifying officers and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial
reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report
based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period
covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control
over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officers and I have disclosed to the registrant's auditors
and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are
reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's
internal control over financial reporting.

Date: August 26, 2025

---

| |
|:---|
| /s/ Jeffrey White |
| Jeffrey White |
| Chief Financial Officer, Chief Accounting Officer and Treasurer |

---

## Exhibit 99.906

CERTIFICATIONS PURSUANT TO SECTION 906

EX-99.906CERT

**CERTIFICATION**

**Christopher Kings,** Chief Executive Officer – Finance and Administration, and **Jeffrey White,** Chief Financial Officer, Chief Accounting Officer and Treasurer of **Templeton Global Investment Trust** (the "Registrant"), each certify to the best of their knowledge that:

&nbsp;&nbsp;&nbsp;&nbsp;1. The Registrant's periodic report on Form N-CSR for the period ended **June 30, 2025** (the "Form N-CSR") fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934, as amended; and

&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

---

| | |
|:---|:---|
| **Chief Executive Officer –**<br> **Finance and Administration** | **Chief Financial Officer, Chief Accounting Officer and Treasurer** |
| Templeton Global Investment Trust | Templeton Global Investment Trust |
| /s/ Christopher Kings | /s/ Jeffrey White |
| Christopher Kings | Jeffrey White |
| Date: August 26, 2025 | Date: August 26, 2025 |

---

This certification is being furnished to the Securities and Exchange Commission solely pursuant to 18 U.S.C. § 1350 and is not being filed as part of the Form N-CSR with the Commission.