# EDGAR Filing Document

**Accession Number:** 0000916488
**File Stem:** 0001133228-26-007481
**Filing Date:** 2026-4
**Character Count:** 166871
**Document Hash:** eab2482ec29edb3f21be4ac0531d0527
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001133228-26-007481.hdr.sgml**: 20260430

**ACCESSION NUMBER**: 0001133228-26-007481

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 30

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260430

**DATE AS OF CHANGE**: 20260430

**EFFECTIVENESS DATE**: 20260430

**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:** 26924187

**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 Emerging Markets Small Cap Fund (Series ID: S000013684)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000037523 | Class A       | TEMMX           |
| C000037524 | Class C       | TCEMX           |
| C000037525 | Class R       | FTESX           |
| C000037526 | Advisor Class | TEMZX           |
| C000194466 | Class R6      | FTEQX           |

### Franklin Templeton SMACS: Series EM (Series ID: S000068644)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000219581 | Series EM    |  |

?xml version='1.0' encoding='ASCII'? 2026-03-1874200012900_TempletonEmergingMarketsSmallCapFund_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) 572-7591**

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

Date of reporting period: **February 28, 2026**

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 Emerging Markets Small Cap Fund**  | ![image](img2199_202405220716489.jpg) |
| Class A [TEMMX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| February 28, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Emerging Markets Small Cap Fund for the period September 1, 2025, to February 28, 2026.

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 | $91 | 1.75% |

---

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

† Annualized.

**KEY FUND STATISTICS** (as of February 28, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $329188553 |
| **Total Number of Portfolio Holdings** | 93 |
| **Portfolio Turnover Rate** | 8.76% |

---

**WHAT DID THE FUND INVEST IN?** (as of February 28, 2026)

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

![image](ts6788img003.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 Emerging Markets Small Cap Fund PAGE 1 426-STSR-0426

77.76.46.04.85.1 ------

---

| | |
|:---|:---|
| **Templeton Emerging Markets Small Cap Fund**  | ![image](img2199_202405220716489.jpg) |
| Class C [TCEMX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| February 28, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Emerging Markets Small Cap Fund for the period September 1, 2025, to February 28, 2026.

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 | $130 | 2.50% |

---

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

† Annualized.

**KEY FUND STATISTICS** (as of February 28, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $329188553 |
| **Total Number of Portfolio Holdings** | 93 |
| **Portfolio Turnover Rate** | 8.76% |

---

**WHAT DID THE FUND INVEST IN?** (as of February 28, 2026)

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

![image](ts6789img003.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 Emerging Markets Small Cap Fund PAGE 1 526-STSR-0426

77.76.46.04.85.1 ------

---

| | |
|:---|:---|
| **Templeton Emerging Markets Small Cap Fund**  | ![image](img2199_202405220716489.jpg) |
| Class R [FTESX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| February 28, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Emerging Markets Small Cap Fund for the period September 1, 2025, to February 28, 2026.

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 | $104 | 2.00% |

---

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

† Annualized.

**KEY FUND STATISTICS** (as of February 28, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $329188553 |
| **Total Number of Portfolio Holdings** | 93 |
| **Portfolio Turnover Rate** | 8.76% |

---

**WHAT DID THE FUND INVEST IN?** (as of February 28, 2026)

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

![image](ts6791img003.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 Emerging Markets Small Cap Fund PAGE 1 826-STSR-0426

77.76.46.04.85.1 ------

---

| | |
|:---|:---|
| **Templeton Emerging Markets Small Cap Fund**  | ![image](img2199_202405220716489.jpg) |
| Class R6 [FTEQX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| February 28, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Emerging Markets Small Cap Fund for the period September 1, 2025, to February 28, 2026.

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 | $77 | 1.47% |

---

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

† Annualized.

**KEY FUND STATISTICS** (as of February 28, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $329188553 |
| **Total Number of Portfolio Holdings** | 93 |
| **Portfolio Turnover Rate** | 8.76% |

---

**WHAT DID THE FUND INVEST IN?** (as of February 28, 2026)

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

![image](ts6790img003.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 Emerging Markets Small Cap Fund PAGE 1 8426-STSR-0426

77.76.46.04.85.1 ------

---

| | |
|:---|:---|
| **Templeton Emerging Markets Small Cap Fund**  | ![image](img2199_202405220716489.jpg) |
| Advisor Class [TEMZX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| February 28, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Templeton Emerging Markets Small Cap Fund for the period September 1, 2025, to February 28, 2026.

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 | $78 | 1.50% |

---

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

† Annualized.

**KEY FUND STATISTICS** (as of February 28, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $329188553 |
| **Total Number of Portfolio Holdings** | 93 |
| **Portfolio Turnover Rate** | 8.76% |

---

**WHAT DID THE FUND INVEST IN?** (as of February 28, 2026)

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

![image](ts6787img003.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 Emerging Markets Small Cap Fund PAGE 1 626-STSR-0426

77.76.46.04.85.1 ------

---

| | |
|:---|:---|
| **Franklin Templeton SMACS: Series EM**  | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| February 28, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Franklin Templeton SMACS: Series EM for the period September 1, 2025, to February 28, 2026.

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)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Franklin Templeton SMACS: Series EM<sup>1</sup>  | $0 | 0.00% |

---

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

† Annualized.

1 Does not reflect the effect of fees and expenses associated with a separately managed account, or a management fee or other operating expenses of the Fund.

**KEY FUND STATISTICS** (as of February 28, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $1910485 |
| **Total Number of Portfolio Holdings** | 52 |
| **Portfolio Turnover Rate** | 11.87% |

---

**WHAT DID THE FUND INVEST IN?** (as of February 28, 2026)

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

![image](ts6794img003.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 |

---

Franklin Templeton SMACS: Series EM PAGE 1 3010-STSR-0426

------

&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.

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund

#### Financial

#### Statements

#### and

#### Other

#### Important

#### Information

#### Semi-Annual
\|

February

28,

2026

#### If

#### you

#### need

#### assistance

#### accessing

#### this

#### content,

#### please

#### reach

#### out

#### to

#### your

#### sales

#### representative

#### or

#### send

#### an

#### email

#### to

#### accessibility@franklintempleton.com

#### .

#### Table

#### of

#### Contents
franklintempleton.com

Financial

Statements

and

Other

Important

Information—Semiannual

Financial

Highlights

and

Schedule

of

Investments

#### 2
Financial

Statements

#### 11
Notes

to

Financial

Statements

#### 15
Changes

In

and

Disagreements

with

Accountants

#### 25
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

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

#### Six

#### Months

#### Ended

#### February

#### 28,

#### 2026
(unaudited)

#### Year

#### Ended

#### August

#### 31,

#### Year

#### Ended

#### August

#### 31,

#### 2022

#### a

#### Year

#### Ended

#### March

#### 31,

#### 2025

#### 2024

#### 2023

#### 2022

#### 2021

#### Class

#### A

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

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

$14.85

$14.11

$12.29

$12.55

$13.98

$15.08

$8.68

Income

from

investment

operations

b

:

Net

investment

income

(loss)

c

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

(0.02)

0.12 0.12 0.19 0.26 0.07 0.02 Net

realized

and

unrealized

gains

(losses)

...........

1.47 0.66 2.07 0.47 (1.69)

0.50 6.77 Total

from

investment

operations

...........

1.45 0.78 2.19 0.66 (1.43)

0.57 6.79 Less

distributions

from:

Net

investment

income

..

(0.17)

(0.04)

(0.37)

(0.29)

—

(0.66)

(0.39)

Net

realized

gains

.....

—

—

—

(0.63)

—

(1.01)

—

Total

distributions

.......

(0.17)

(0.04)

(0.37)

(0.92)

—

(1.67)

(0.39)

Net

asset

value,

end

of

period

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

$16.13

$14.85

$14.11

$12.29

$12.55

$13.98

$15.08

Total

return

d

...........

9.88%

5.55%

18.29%

5.74%

(10.23)%

3.01%

78.52%

#### Ratios

#### to

#### average

#### net

#### assets

#### e
Expenses

before

waiver

and

payments

by

affiliates

....

2.12%

2.00%

1.94%

1.95%

2.00%

1.91%

1.99%

Expenses

net

of

waiver

and

payments

by

affiliates

....

1.75%

1.75%

1.75%

1.75%

1.75%

1.73%

1.80%

Net

investment

income

(loss)

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

(0.22)%

0.83%

0.90%

1.54%

4.83%

0.47%

0.16%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

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

$176,684

$187,048

$186,634

$176,763

$187,525

$215,598

$210,269

Portfolio

turnover

rate

....

8.76%

16.75%

20.02%

23.06%

8.13%

31.72%

31.70%

a

For

the

period

April

1,

2022

to

August

31,

2022. b

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

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.

Templeton

Global

Investment

Trust

Financial

Highlights

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

#### Six

#### Months

#### Ended

#### February

#### 28,

#### 2026
(unaudited)

#### Year

#### Ended

#### August

#### 31,

#### Year

#### Ended

#### August

#### 31,

#### 2022

#### a

#### Year

#### Ended

#### March

#### 31,

#### 2025

#### 2024

#### 2023

#### 2022

#### 2021

#### Class

#### C

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

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

$13.53

$12.92

$11.27

$11.57

$12.94

$14.03

$8.14

Income

from

investment

operations

b

:

Net

investment

income

(loss)

c

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

(0.07)

(0.01)

0.01 0.08 0.20 (0.02)

(0.06)

Net

realized

and

unrealized

gains

(losses)

...........

1.35 0.62 1.90 0.46 (1.57)

0.44 6.31 Total

from

investment

operations

...........

1.28 0.61 1.91 0.54 (1.37)

0.42 6.25 Less

distributions

from:

Net

investment

income

..

(0.06)

—

(0.26)

(0.21)

—

(0.50)

(0.36)

Net

realized

gains

.....

—

—

—

(0.63)

—

(1.01)

—

Total

distributions

.......

(0.06)

—

(0.26)

(0.84)

—

(1.51)

(0.36)

Net

asset

value,

end

of

period

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

$14.75

$13.53

$12.92

$11.27

$11.57

$12.94

$14.03

Total

return

d

...........

9.45%

4.80%

17.31%

5.09%

(10.59)%

2.26%

77.25%

#### Ratios

#### to

#### average

#### net

#### assets

#### e
Expenses

before

waiver

and

payments

by

affiliates

....

2.87%

2.75%

2.69%

2.70%

2.74%

2.66%

2.73%

Expenses

net

of

waiver

and

payments

by

affiliates

....

2.50%

2.50%

2.50%

2.50%

2.50%

2.48%

2.54%

Net

investment

income

(loss)

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

(0.96)%

(0.04)%

0.09%

0.70%

4.06%

(0.15)%

(0.51)%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

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

$5,710

$6,363

$8,569

$9,836

$13,645

$17,588

$27,434

Portfolio

turnover

rate

....

8.76%

16.75%

20.02%

23.06%

8.13%

31.72%

31.70%

a

For

the

period

April

1,

2022

to

August

31,

2022. b

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

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.

Templeton

Global

Investment

Trust

Financial

Highlights

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

#### Six

#### Months

#### Ended

#### February

#### 28,

#### 2026
(unaudited)

#### Year

#### Ended

#### August

#### 31,

#### Year

#### Ended

#### August

#### 31,

#### 2022

#### a

#### Year

#### Ended

#### March

#### 31,

#### 2025

#### 2024

#### 2023

#### 2022

#### 2021

#### Class

#### R

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

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

$14.51

$13.79

$12.02

$12.30

$13.71

$14.82

$8.56

Income

from

investment

operations

b

:

Net

investment

income

(loss)

c

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

(0.04)

0.07 0.08 0.15 0.24 0.04 (0.03)

Net

realized

and

unrealized

gains

(losses)

...........

1.44 0.65 2.03 0.47 (1.65)

0.47 6.68 Total

from

investment

operations

...........

1.40 0.72 2.11 0.62 (1.41)

0.51 6.65 Less

distributions

from:

Net

investment

income

..

(0.15)

(—)

d

(0.34)

(0.27)

—

(0.61)

(0.39)

Net

realized

gains

.....

—

—

—

(0.63)

—

(1.01)

—

Total

distributions

.......

(0.15)

(—)

d

(0.34)

(0.90)

—

(1.62)

(0.39)

Net

asset

value,

end

of

period

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

$15.76

$14.51

$13.79

$12.02

$12.30

$13.71

$14.82

Total

return

e

...........

9.73%

5.24%

18.02%

5.50%

(10.28)%

2.71%

78.18%

#### Ratios

#### to

#### average

#### net

#### assets

#### f
Expenses

before

waiver

and

payments

by

affiliates

....

2.37%

2.25%

2.19%

2.20%

2.25%

2.16%

2.24%

Expenses

net

of

waiver

and

payments

by

affiliates

....

2.00%

2.00%

2.00%

2.00%

2.00%

1.98%

2.05%

Net

investment

income

(loss)

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

(0.48)%

0.54%

0.62%

1.29%

4.59%

0.26%

(0.20)%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

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

$2,373

$2,095

$2,147

$2,082

$2,109

$2,444

$2,966

Portfolio

turnover

rate

....

8.76%

16.75%

20.02%

23.06%

8.13%

31.72%

31.70%

a

For

the

period

April

1,

2022

to

August

31,

2022. b

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

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

Amount

rounds

to

less

than

$0.01

per

share.

e

Total

return

is

not

annualized

for

periods

less

than

one

year.

f

Ratios

are

annualized

for

periods

less

than

one

year.

Templeton

Global

Investment

Trust

Financial

Highlights

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

#### Six

#### Months

#### Ended

#### February

#### 28,

#### 2026
(unaudited)

#### Year

#### Ended

#### August

#### 31,

#### Year

#### Ended

#### August

#### 31,

#### 2022

#### a

#### Year

#### Ended

#### March

#### 31,

#### 2025

#### 2024

#### 2023

#### 2022

#### 2021

#### Class

#### R6

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

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

$15.14

$14.39

$12.53

$12.77

$14.21

$15.30

$8.79

Income

from

investment

operations

b

:

Net

investment

income

c

.

—

d

0.15 0.15 0.22 0.28 0.14 0.08 Net

realized

and

unrealized

gains

(losses)

...........

1.50 0.68 2.12 0.49 (1.72)

0.50 6.83 Total

from

investment

operations

...........

1.50 0.83 2.27 0.71 (1.44)

0.64 6.91 Less

distributions

from:

Net

investment

income

..

(0.21)

(0.08)

(0.41)

(0.32)

—

(0.72)

(0.40)

Net

realized

gains

.....

—

—

—

(0.63)

—

(1.01)

—

Total

distributions

.......

(0.21)

(0.08)

(0.41)

(0.95)

—

(1.73)

(0.40)

Net

asset

value,

end

of

period

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

$16.43

$15.14

$14.39

$12.53

$12.77

$14.21

$15.30

Total

return

e

...........

10.06%

5.81%

18.60%

6.06%

(10.13)%

3.41%

79.19%

#### Ratios

#### to

#### average

#### net

#### assets

#### f
Expenses

before

waiver

and

payments

by

affiliates

....

1.60%

1.58%

1.57%

1.56%

1.59%

1.54%

1.60%

Expenses

net

of

waiver

and

payments

by

affiliates

....

1.47%

1.47%

1.47%

1.47%

1.47%

1.35%

1.40%

Net

investment

income

...

0.06%

1.05%

1.15%

1.79%

5.10%

0.88%

0.61%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

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

$26,459

$25,133

$26,408

$27,134

$31,790

$39,782

$46,062

Portfolio

turnover

rate

....

8.76%

16.75%

20.02%

23.06%

8.13%

31.72%

31.70%

a

For

the

period

April

1,

2022

to

August

31,

2022. b

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

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

Amount

rounds

to

less

than

$0.01

per

share.

e

Total

return

is

not

annualized

for

periods

less

than

one

year.

f

Ratios

are

annualized

for

periods

less

than

one

year.

Templeton

Global

Investment

Trust

Financial

Highlights

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

#### Six

#### Months

#### Ended

#### February

#### 28,

#### 2026
(unaudited)

#### Year

#### Ended

#### August

#### 31,

#### Year

#### Ended

#### August

#### 31,

#### 2022

#### a

#### Year

#### Ended

#### March

#### 31,

#### 2025

#### 2024

#### 2023

#### 2022

#### 2021

#### Advisor

#### Class

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

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

$15.17

$14.42

$12.55

$12.78

$14.23

$15.32

$8.80

Income

from

investment

operations

b

:

Net

investment

income

c

.

—

d

0.15 0.14 0.23 0.28 0.12 0.07 Net

realized

and

unrealized

gains

(losses)

...........

1.50 0.67 2.13 0.48 (1.73)

0.50 6.84 Total

from

investment

operations

...........

1.50 0.82 2.27 0.71 (1.45)

0.62 6.91 Less

distributions

from:

Net

investment

income

..

(0.21)

(0.07)

(0.40)

(0.31)

—

(0.70)

(0.39)

Net

realized

gains

.....

—

—

—

(0.63)

—

(1.01)

—

Total

distributions

.......

(0.21)

(0.07)

(0.40)

(0.94)

—

(1.71)

(0.39)

Net

asset

value,

end

of

period

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

$16.46

$15.17

$14.42

$12.55

$12.78

$14.23

$15.32

Total

return

e

...........

10.01%

5.75%

18.62%

6.08%

(10.19)%

3.26%

79.10%

#### Ratios

#### to

#### average

#### net

#### assets

#### f
Expenses

before

waiver

and

payments

by

affiliates

....

1.87%

1.75%

1.69%

1.71%

1.75%

1.66%

1.74%

Expenses

net

of

waiver

and

payments

by

affiliates

....

1.50%

1.50%

1.50%

1.50%

1.50%

1.48%

1.54%

Net

investment

income

...

0.06%

1.05%

1.03%

1.86%

5.08%

0.75%

0.53%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

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

$117,964

$124,273

$130,075

$182,079

$146,484

$172,459

$177,989

Portfolio

turnover

rate

....

8.76%

16.75%

20.02%

23.06%

8.13%

31.72%

31.70%

a

For

the

period

April

1,

2022

to

August

31,

2022. b

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

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

Amount

rounds

to

less

than

$0.01

per

share.

e

Total

return

is

not

annualized

for

periods

less

than

one

year.

f

Ratios

are

annualized

for

periods

less

than

one

year.

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited),

February

28,

2026

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### 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

#### 93.8%

#### Brazil

#### 1.0%
Azzas

2154

SA

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

Textiles,

Apparel

&

Luxury

Goods

478,522

$

2,442,782

a

Hypera

SA

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

Pharmaceuticals

188,808

850,032

3,292,814

#### China

#### 5.2%
a

Daqo

New

Energy

Corp.

,

ADR

......

Semiconductors

&

Semiconductor

Equipment

54,974

1,325,973

b

JNBY

Design

Ltd.

,

Reg

S

..........

Textiles,

Apparel

&

Luxury

Goods

1,428,758

3,927,138

c

JOYY,

Inc.

,

ADR

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

Interactive

Media

&

Services

31,022

1,851,083

c

Noah

Holdings

Ltd.

,

ADR

..........

Capital

Markets

290,042

3,428,296

Sunresin

New

Materials

Co.

Ltd.

,

A

...

Chemicals

393,329

4,282,518

Uni-President

China

Holdings

Ltd.

....

Food

Products

2,383,354

2,351,854

17,166,862

#### Georgia

#### 2.3%
a

Georgia

Capital

plc

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

Capital

Markets

149,125

7,484,336

#### Greece

#### 1.3%
a

Piraeus

Bank

SA

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

Banks

436,967

4,192,520

#### Hong

#### Kong

#### 0.2%
Pacific

Basin

Shipping

Ltd.

.........

Marine

Transportation

1,613,308

713,168

#### Hungary

#### 2.2%
Richter

Gedeon

Nyrt.

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

Pharmaceuticals

191,402

7,166,079

#### India

#### 29.7%
a

Affle

3i

Ltd.

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

Media

159,108

2,410,000

Ajanta

Pharma

Ltd.

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

Pharmaceuticals

126,143

4,157,540

a

Ajax

Engineering

Ltd.

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

Machinery

115,034

613,253

b

Aster

DM

Healthcare

Ltd.

,

144A

,

Reg

S

Health

Care

Providers

&

Services

770,860

5,554,102

a

AWL

Agri

Business

Ltd.

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

Food

Products

778,447

1,619,910

Bajaj

Holdings

&

Investment

Ltd.

.....

Financial

Services

107,331

12,759,806

Brigade

Enterprises

Ltd.

...........

Real

Estate

Management

&

Development

514,222

3,924,852

City

Union

Bank

Ltd.

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

Banks

1,097,309

3,415,637

Coforge

Ltd.

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

IT

Services

225,215

2,948,386

Crompton

Greaves

Consumer

Electricals

Ltd.

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

Household

Durables

380,605

1,080,537

Dalmia

Bharat

Ltd.

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

Construction

Materials

142,598

3,123,830

a

Electronics

Mart

India

Ltd.

..........

Specialty

Retail

1,557,140

1,730,508

EPL

Ltd.

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

Containers

&

Packaging

401,859

961,171

a,b

Eris

Lifesciences

Ltd.

,

144A

,

Reg

S

...

Pharmaceuticals

274,577

4,114,730

a

Eternal

Ltd.

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

Hotels,

Restaurants

&

Leisure

1,553,205

4,203,177

Federal

Bank

Ltd.

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

Banks

915,558

3,021,008

Glenmark

Pharmaceuticals

Ltd.

......

Pharmaceuticals

41,879

984,114

Gujarat

State

Petronet

Ltd.

.........

Gas

Utilities

383,687

1,285,265

Hexaware

Technologies

Ltd.

........

IT

Services

115,082

600,301

a

Honasa

Consumer

Ltd.

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

Personal

Care

Products

1,712,069

5,712,873

KEI

Industries

Ltd.

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

Electrical

Equipment

57,156

3,194,961

a,d

MakeMyTrip

Ltd.

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

Hotels,

Restaurants

&

Leisure

70,867

4,001,860

a

Max

Financial

Services

Ltd.

.........

Insurance

384,234

7,658,811

a

Meesho

Ltd.

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

Broadline

Retail

266,355

468,410

Nexus

Select

Trust

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

Retail

REITs

1,616,066

2,872,552

a

PB

Fintech

Ltd.

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

Insurance

161,979

2,639,427

a,b

Physicswallah

Ltd.

,

144A

,

Reg

S

.....

Diversified

Consumer

Services

1,863,645

1,773,383

a,b

Pine

Labs

Ltd.

,

144A

,

Reg

S

........

Financial

Services

666,586

1,393,675

Redington

Ltd.

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

Electronic

Equipment,

Instruments

&

Components

1,963,666

6,062,876

a

ReNew

Energy

Global

plc

,

A

........

Independent

Power

and

Renewable

Electricity

Producers

454,459

2,508,614

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### 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)

#### India
(continued)

a

Restaurant

Brands

Asia

Ltd.

........

Hotels,

Restaurants

&

Leisure

1,413,186

$

988,223

97,783,792

#### Indonesia

#### 1.6%
Avia

Avian

Tbk.

PT

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

Chemicals

109,085,200

2,861,355

a

GoTo

Gojek

Tokopedia

Tbk.

PT

,

A

....

Broadline

Retail

672,129,375

2,445,216

5,306,571

#### Italy

#### 0.7%
a,b,d

Wizz

Air

Holdings

plc

,

144A

,

Reg

S

...

Passenger

Airlines

144,080

2,375,175

#### Kazakhstan

#### 1.7%
b

Halyk

Savings

Bank

of

Kazakhstan

JSC

,

GDR

,

Reg

S

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

Banks

174,733

5,652,612

#### Mexico

#### 2.2%
Bolsa

Mexicana

de

Valores

SAB

de

CV

Capital

Markets

2,840,643

6,274,420

Grupo

Aeroportuario

del

Centro

Norte

SAB

de

CV

,

B

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

Transportation

Infrastructure

51,274

783,281

7,057,701

#### Peru

#### 0.6%
Intercorp

Financial

Services,

Inc.

.....

Banks

39,215

1,897,222

#### Philippines

#### 5.2%
Century

Pacific

Food,

Inc.

..........

Food

Products

6,833,319

4,734,086

International

Container

Terminal

Services,

Inc.

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

Transportation

Infrastructure

992,218

12,368,953

17,103,039

#### Saudi

#### Arabia

#### 0.8%
a

Jahez

International

Co.

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

Hotels,

Restaurants

&

Leisure

60,742

191,497

Mouwasat

Medical

Services

Co.

.....

Health

Care

Providers

&

Services

151,114

2,563,780

2,755,277

#### South

#### Africa

#### 0.9%
Netcare

Ltd.

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

Health

Care

Providers

&

Services

2,655,598

2,863,435

#### South

#### Korea

#### 11.6%
a

Hugel,

Inc.

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

Biotechnology

42,937

8,060,433

ISC

Co.

Ltd.

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

Semiconductors

&

Semiconductor

Equipment

21,036

2,825,740

e

JB

Financial

Group

Co.

Ltd.

........

Banks

247,599

5,459,724

LEENO

Industrial,

Inc.

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

Semiconductors

&

Semiconductor

Equipment

149,951

11,108,618

a

LigaChem

Biosciences,

Inc.

........

Life

Sciences

Tools

&

Services

13,452

1,791,603

LX

Semicon

Co.

Ltd.

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

Semiconductors

&

Semiconductor

Equipment

13,198

536,634

Misto

Holdings

Corp.

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

Textiles,

Apparel

&

Luxury

Goods

139,660

4,748,833

Soulbrain

Co.

Ltd.

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

Chemicals

10,356

3,213,429

Vieworks

Co.

Ltd.

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

Health

Care

Equipment

&

Supplies

23,220

420,717

38,165,731

#### Taiwan

#### 13.3%
Eclat

Textile

Co.

Ltd.

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

Textiles,

Apparel

&

Luxury

Goods

323,020

4,348,894

King

Yuan

Electronics

Co.

Ltd.

......

Semiconductors

&

Semiconductor

Equipment

305,375

3,142,171

Kinsus

Interconnect

Technology

Corp.

.

Semiconductors

&

Semiconductor

Equipment

571,041

5,642,773

Merida

Industry

Co.

Ltd.

...........

Leisure

Products

852,459

2,037,443

momo.com,

Inc.

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

Broadline

Retail

23,789

145,831

Novatek

Microelectronics

Corp.

......

Semiconductors

&

Semiconductor

Equipment

638,010

7,966,585

Poya

International

Co.

Ltd.

.........

Broadline

Retail

295,807

4,766,145

Primax

Electronics

Ltd.

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

Electronic

Equipment,

Instruments

&

Components

1,190,975

3,096,915

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Industry

#### Shares
a

#### Value
a

#### Common

#### Stocks
(continued)

#### Taiwan
(continued)

Shin

Zu

Shing

Co.

Ltd.

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

Machinery

49,336

$

321,601

Synnex

Technology

International

Corp.

Electronic

Equipment,

Instruments

&

Components

3,620,429

8,317,679

Visual

Photonics

Epitaxy

Co.

Ltd.

....

Semiconductors

&

Semiconductor

Equipment

438,977

3,005,301

Yageo

Corp.

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

Electronic

Equipment,

Instruments

&

Components

118,774

1,112,581

43,903,919

#### Thailand

#### 1.7%
Dynasty

Ceramic

PCL

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

Building

Products

14,149,786

568,996

Major

Cineplex

Group

PCL

.........

Entertainment

3,527,362

908,421

Tisco

Financial

Group

PCL

.........

Banks

1,113,077

4,099,160

5,576,577

#### United

#### Arab

#### Emirates

#### 3.1%
Americana

Restaurants

International

plc

Hotels,

Restaurants

&

Leisure

1,174,392

639,954

Burjeel

Holdings

plc

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

Health

Care

Providers

&

Services

7,054,224

2,496,697

Emirates

Central

Cooling

Systems

Corp.

Water

Utilities

4,391,578

2,128,207

Spinneys

1961

Holding

plc

.........

Consumer

Staples

Distribution

&

Retail

6,537,484

2,669,777

Taaleem

Holdings

PJSC

...........

Diversified

Consumer

Services

2,133,071

2,305,520

10,240,155

#### Vietnam

#### 8.5%
Asia

Commercial

Bank

JSC

........

Banks

4,244,908

4,001,247

FPT

Corp.

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

IT

Services

2,177,580

7,767,218

Military

Commercial

Joint

Stock

Bank

.

Banks

5,035,516

5,510,163

Mobile

World

Investment

Corp.

......

Specialty

Retail

3,004,867

10,741,145

28,019,773

#### Total

#### Common

#### Stocks

#### (Cost

#### $

#### 207,942,485

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

#### 308,716,758
a

#### Preferred

#### Stocks

#### 2.3%

#### Brazil

#### 1.2%
f

Bradespar

SA

,

.2

%

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

Metals

&

Mining

864,404

4,186,707

#### Chile

#### 1.1%
f

Embotelladora

Andina

SA

,

B

,

.44

%

..

Beverages

743,022

3,580,080

#### Total

#### Preferred

#### Stocks

#### (Cost

#### $

#### 6,691,591

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

#### 7,766,787

#### Rights
a

#### a

#### Rights

#### 0.0%

#### †

#### Brazil

#### 0.0%

#### †
a

Hypera

SA

,

3/17/26

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

Pharmaceuticals

21,055

8,625

#### Total

#### Rights

#### (Cost

#### $

#### –

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

#### 8,625

#### Total

#### Long

#### Term

#### Investments

#### (Cost

#### $

#### 214,634,076

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

#### 316,492,170
Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Short

#### Term

#### Investments

#### 5.2%
a

a

#### Industry

#### Shares
a

#### Value
a

a

#### a
a

#### Money

#### Market

#### Funds

#### 4.6%

#### United

#### States

#### 4.6%
g,h

Franklin

Institutional

U.S.

Government

Money

Market

Fund

,

3.583 %

......

15,276,993

$

15,276,993

#### Total

#### Money

#### Market

#### Funds

#### (Cost

#### $

#### 15,276,993

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

#### 15,276,993
i

#### Investments

#### from

#### Cash

#### Collateral

#### Received

#### for

#### Loaned

#### Securities

#### 0.6%

#### Money

#### Market

#### Funds

#### 0.6%
g,h

Franklin

Institutional

U.S.

Government

Money

Market

Fund

,

3.583 %

......

1,889,423

1,889,423

#### Total

#### Investments

#### from

#### Cash

#### Collateral

#### Received

#### for

#### Loaned

#### Securities

#### (Cost

#### $

#### 1,889,423

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

#### 1,889,423
a

#### a
a

a

#### Total

#### Short

#### Term

#### Investments

#### (Cost

#### $

#### 17,166,416

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

#### 17,166,416
a

#### a

#### Total

#### Investments

#### (Cost

#### $

#### 231,800,492

####)
101.3 #### %
..................................

#### $333,658,586

#### Other

#### Assets,

#### less

#### Liabilities

#### (1.3 ####)

#### %
...........................................

#### (4,470,033)

#### Net

#### Assets

#### 100.0%

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

#### $329,188,553

#### a
See

A

bbreviations

on

.

†

Rounds

to

less

than

0.1%

of

net

assets.

a

Non-income

producing.

b

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

February

28,

2026,

the

aggregate

value

of

these

securities

was

$24,790,815,

representing

7.5%

of

net

assets.

c

Variable

interest

entity

(VIE).

See

Note

regarding

investments

made

through

a

VIE

structure.

At

February

28,

2026,

the

aggregate

value

of

these

securities

was

$5,279,379,

representing

1.6%

of

net

assets.

d

A

portion

or

all

of

the

security

is

on

loan

at

February

28,

2026. See

Note

1(d).

e

A

portion

or

all

of

the

security

purchased

on

a

delayed

delivery

basis.

See

Note

1(c).

f

Variable

rate

security.

The

rate

shown

represents

the

yield

at

period

end.

g

See

Note

3(f)

regarding

investments

in

affiliated

management

investment

companies.

h

The

rate

shown

is

the

annualized

seven-day

effective

yield

at

period

end.

i

See

Note

1(d)

regarding

securities

on

loan.

Templeton

Global

Investment

Trust

Financial

Statements

Statement

of

Assets

and

Liabilities

February

28,

2026

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
Assets:

Investments

in

securities:

Cost

-

Unaffiliated

issuers

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

$214,634,076

Cost

-

Non-controlled

affiliates

(Note

f)

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

17,166,416

Value

-

Unaffiliated

issuers

(Includes

securities

loaned

of

$

2,988,359)

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

$316,492,170

Value

-

Non-controlled

affiliates

(Note

f)

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

17,166,416

Receivables:

Investment

securities

sold

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

2,561,920

Capital

shares

sold

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

216,799

Dividends

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

393,206

Total

assets

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

336,830,511

Liabilities:

Payables:

Investment

securities

purchased

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

1,490,015

Capital

shares

redeemed

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

155,141

Management

fees

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

221,877

Distribution

fees

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

38,705

Transfer

agent

fees

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

128,854

Trustees'

fees

and

expenses

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

2,463

Payable

upon

return

of

securities

loaned

(Note

d)

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

1,889,423

Deferred

taxes

on

unrealized

appreciation

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

3,544,465

Accrued

expenses

and

other

liabilities

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

171,015

Total

liabilities

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

7,641,958

Net

assets,

at

value

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

$329,188,553

Net

assets

consist

of:

Paid-in

capital

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

$244,367,816

Total

distributable

earnings

(losses)

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

84,820,737

Net

assets,

at

value

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

$329,188,553

Templeton

Global

Investment

Trust

Financial

Statements

Statement

of

Assets

and

Liabilities

(continued)

February

28,

2026

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund

#### Class

#### A:
Net

assets,

at

value

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

$176,683,863

Shares

outstanding

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

10,955,235

Net

asset

value

per

share

a

,b

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

$16.13

Maximum

offering

price

per

share

(net

asset

value

per

share

÷

.50

%)

b

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

$17.07

#### Class

#### C:
Net

assets,

at

value

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

$5,709,557

Shares

outstanding

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

387,095

Net

asset

value

and

maximum

offering

price

per

share

a

,b

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

$14.75

#### Class

#### R:
Net

assets,

at

value

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

$2,372,833

Shares

outstanding

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

150,547

Net

asset

value

and

maximum

offering

price

per

share

b

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

$15.76

#### Class

#### R6:
Net

assets,

at

value

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

$26,458,598

Shares

outstanding

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

1,610,341

Net

asset

value

and

maximum

offering

price

per

share

b

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

$16.43

#### Advisor

#### Class:
Net

assets,

at

value

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

$117,963,702

Shares

outstanding

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

7,166,243

Net

asset

value

and

maximum

offering

price

per

share

b

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

$16.46

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

February

28,

2026

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
Investment

income:

Dividends:

(net

of

foreign

taxes

of

$188,392)

Unaffiliated

issuers

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

$2,277,712

Non-controlled

affiliates

(Note

f)

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

217,407

Income

from

securities

loaned:

Unaffiliated

entities

(net

of

fees

and

rebates)

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

(4,840)

Non-controlled

affiliates

(Note

f)

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

8,026

Total

investment

income

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

2,498,305

Expenses:

Management

fees

(Note

a)

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

2,274,215

Distribution

fees:

(Note

3c)

Class

A

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

215,275

Class

C

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

29,576

Class

R

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

5,442

Transfer

agent

fees:

(Note

3e)

Class

A

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

276,143

Class

C

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

9,494

Class

R

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

3,535

Class

R6

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

6,875

Advisor

Class

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

191,765

Custodian

fees

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

68,407

Reports

to

shareholders

fees

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

22,194

Registration

and

filing

fees

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

56,943

Professional

fees

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

53,453

Trustees'

fees

and

expenses

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

21,195

Other

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

15,696

Total

expenses

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

3,250,208

Expenses

waived/paid

by

affiliates

(Note

f

and

g)

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

(567,288)

Net

expenses

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

2,682,920

Net

investment

income

(loss)

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

(184,615)

Realized

and

unrealized

gains

(losses):

Net

realized

gain

(loss)

from:

Investments:

(net

of

foreign

taxes

of

$1,326,808)

Unaffiliated

issuers

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

13,852,767

Foreign

currency

transactions

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

52,229

Net

realized

gain

(loss)

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

13,904,996

Net

change

in

unrealized

appreciation

(depreciation)

on:

Investments:

Unaffiliated

issuers

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

15,166,179

Translation

of

other

assets

and

liabilities

denominated

in

foreign

currencies

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

(81,423)

Change

in

deferred

taxes

on

unrealized

appreciation

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

1,749,994

Net

change

in

unrealized

appreciation

(depreciation)

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

16,834,750

Net

realized

and

unrealized

gain

(loss)

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

30,739,746

Net

increase

(decrease)

in

net

assets

resulting

from

operations

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

$30,555,131

Templeton

Global

Investment

Trust

Financial

Statements

Statements

of

Changes

in

Net

Assets

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund

#### Six

#### Months

#### Ended

#### February

#### 28,

#### 2026
(unaudited)

#### Year

#### Ended

#### August

#### 31,

#### 2025
Increase

(decrease)

in

net

assets:

Operations:

Net

investment

income

(loss)

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

$(184,615)

$3,020,820

Net

realized

gain

(loss)

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

13,904,996

23,297,299

Net

change

in

unrealized

appreciation

(depreciation)

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

16,834,750

(7,308,764)

Net

increase

(decrease)

in

net

assets

resulting

from

operations

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

30,555,131

19,009,355

Distributions

to

shareholders:

Class

A

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

(1,888,104)

(496,560)

Class

C

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

(26,620)

—

Class

R

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

(22,349)

(365) Class

R6

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

(350,958)

(137,313)

Advisor

Class

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

(1,659,508)

(615,542)

Total

distributions

to

shareholders

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

(3,947,539)

(1,249,780)

Capital

share

transactions:

(Note

2)

Class

A

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

(24,697,874)

(9,917,783)

Class

C

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

(1,152,317)

(2,454,235)

Class

R

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

87,531

(146,912)

Class

R6

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

(781,057)

(2,280,490)

Advisor

Class

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

(15,787,345)

(11,880,529)

Total

capital

share

transactions

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

(42,331,062)

(26,679,949)

Net

increase

(decrease)

in

net

assets

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

(15,723,470)

(8,920,374)

Net

assets:

Beginning

of

period

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

344,912,023

353,832,397

End

of

period

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

$329,188,553

$344,912,023

Templeton

Global

Investment

Trust

franklintempleton.com

Semiannual

Report

Notes

to

Financial

Statements

(unaudited)

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
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

Emerging

Markets

Small

Cap

Fund

(Fund)

is

included

in

this

report.

The

Fund

offers

five classes

of

shares:

Class

A,

Class

C,

Class

R,

Class

R6

and

Advisor

Class. Class

C

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.

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 Fund'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.

Investments

in open-end mutual

funds

are

valued

at

the

closing

NAV.

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

February

28,

2026,

certain

securities

may

have

been

fair

valued

using

these

procedures,

in

which

case

the

securities

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

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. #### Securities

#### Purchased

#### on

#### a

#### When-Issued,

#### Forward

#### Commitment or

#### Delayed

#### Delivery

#### Basis
The

Fund

may

purchase

securities

on

a when-issued,

forward

commitment

or

delayed

delivery basis,

with

payment

and

delivery

scheduled

for

a

future

date.

These

transactions

are

subject

to

market

fluctuations

and

are

subject

to

the

risk

that

the

value

at

delivery

may

be

more

or

less

than

the

trade

date

purchase

price.

Although

the

Fund

will

generally

purchase

these

securities

with

the

intention

of

holding

the

securities, it

may

sell

the

securities

before

the

settlement

date.

d. #### 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.

Additionally,

at

February

28,

2026,

the

Fund

held

$1,422,660

in

U.S.

Government

and

Agency

securities

as

collateral.

These

securities

are

held

as

collateral

in

segregated

accounts

with

the

Fund's

custodian.

The

Fund

cannot

repledge

or

resell

these

securities

held

as

collateral.

As

such,

the

non-cash

collateral

is

excluded

from

the

Statement

of

Assets

and

Liabilities. 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

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

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

the

collateral

received.

The

securities

lending

agent

has

agreed

to

indemnify

the

Fund

in

the

event

of

default

by

a

third

party

borrower.

Securities

on

loan

outstanding

at

period

end,

if

any,

are

listed

in

the

Fund's

Schedule

of

Investments.

e. #### 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.

In

some

cases,

the

Fund

may

be

entitled

to

reclaim

all

or

a

portion

of

such

taxes,

and

such

reclaim

amounts,

if

any,

are

reflected

as

a

dividend

receivable

in

the

Statement

of

Assets

and

Liabilities

and

dividend

income

in

the

Statement

of

Operations.

In

many

cases,

however,

the

Fund

may

not

receive

such

amounts

for

an

extended

period

of

time,

depending

on

the

country

of

investment.

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.

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

February

28,

2026, the Fund

has

determined

that

no

tax

liability

is

required

in

its

financial

statements

related

to

uncertain

tax

positions

for

any

open

tax

years

(or

expected

to

be

taken

in

future

tax

years).

The

Fund's

federal

and

state

income

and

federal

excise

tax

returns

for

the

prior

three

fiscal

years

are

subject

to

examination

by

the

Internal

Revenue

Service

and

state

departments

of

revenue.

f. #### 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.

Estimated

expenses

are

accrued

daily.

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.

g. #### 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.

h. #### 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,

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
(continued)

d. #### Securities

#### Lending
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

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.

2. #### Shares

#### of

#### Beneficial

#### Interest
At

February

28,

2026,

there

were

an

unlimited

number

of

shares

authorized

($0.01

par

value).

Transactions

in

the

Fund's

shares

were

as

follows:

#### Six

#### Months

#### Ended

#### February

#### 28,

#### 2026

#### Year

#### Ended

#### August

#### 31,

#### 2025

#### Shares

#### Amount

#### Shares

#### Amount

#### Class

#### A

#### Shares:
Shares

sold

a

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

535,127

$8,092,955

1,794,416

$23,613,763

Shares

issued

in

reinvestment

of

distributions

..........

110,706

1,639,551

31,044

420,338

Shares

redeemed

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

(2,289,841)

(34,430,380)

(2,452,455)

(33,951,884)

Net

increase

(decrease)

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

(1,644,008)

$(24,697,874)

(626,995)

$(9,917,783)

#### Class

#### C

#### Shares:
Shares

sold

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

20,259

$279,473

62,246

$783,295

Shares

issued

in

reinvestment

of

distributions

..........

1,935

26,239

—

—

Shares

redeemed

a

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

(105,199)

(1,458,029)

(255,198)

(3,237,530)

Net

increase

(decrease)

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

(83,005)

$(1,152,317)

(192,952)

$(2,454,235)

#### Class

#### R

#### Shares:
Shares

sold

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

10,994

$161,305

21,078

$295,050

Shares

issued

in

reinvestment

of

distributions

..........

1,544

22,349

Shares

redeemed

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

(6,423)

(96,123)

(32,365)

(442,327)

Net

increase

(decrease)

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

6,115

$87,531

(11,260)

$(146,912)

#### Class

#### R6

#### Shares:
Shares

sold

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

111,970

$1,716,988

264,654

$3,803,737

Shares

issued

in

reinvestment

of

distributions

..........

16,750

252,591

6,961

95,988

Shares

redeemed

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

(178,123)

(2,750,636)

(446,617)

(6,180,215)

Net

increase

(decrease)

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

(49,403)

$(781,057)

(175,002)

$(2,280,490)

#### Advisor

#### Class

#### Shares:
Shares

sold

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

505,632

$7,795,250

1,305,054

$18,499,345

Shares

issued

in

reinvestment

of

distributions

..........

101,584

1,534,929

41,610

574,633

Shares

redeemed

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

(1,633,887)

(25,117,524)

(2,176,760)

(30,954,507)

Net

increase

(decrease)

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

(1,026,671)

$(15,787,345)

(830,096)

$(11,880,529)

a

May

include

a

portion

of

Class

C

shares

that

were

automatically

converted

to

Class

A. 1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
(continued)

h. #### Guarantees

#### and

#### Indemnifications
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### 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 Trust 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

Asset

Management based

on the

average

daily

net

assets

of

the

Fund

as

follows:

For

the

period

ended

February

28,

2026,

the

annualized

gross

effective

investment

management

fee

rate

was 1.400%

of

the

Fund's

average daily

net

assets.

b. #### Administrative

#### Fees
Under

an

agreement

with

Asset

Management,

FT

Services

provides

administrative

services

to

the

Fund.

The

fee

is

paid

by

Asset

Management

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

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

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

and

R compensation

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. The

maximum

annual

plan

rates,

based

on

the

average

daily

net

assets,

for

each

class,

are

as

follows:

The

Board

has

set

the

current

rate

at

0.25%

per

year

for

Class

A

shares

until

further

notice

and

approval

by

the

Board.

#### Subsidiary

#### Affiliation
Templeton

Asset

Management

Ltd.

(Asset

Management)

Investment

manager

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
1.400%

Up

to

and

including

$500

million

1.300%

Over

$500

million,

up

to

and

including

$1

billion

1.200%

In

excess

of

$1

billion

Class

A

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

0.35%

Class

C

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

1.00%

Class

R

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

0.50%

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

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

February

28,

2026,

the Fund

paid

transfer

agent

fees

as

noted

in

the

Statement of

Operations,

of

which

$72,463

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

February

28,

2026,

the

Fund

held

investments

in

affiliated

management

investment

companies

as

follows:

Sales

charges

retained

net

of

commissions

paid

to

unaffiliated

brokers/dealers

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

$2,204

CDSC

retained

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

$72

#### &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

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund

#### Non-Controlled

#### Affiliates
Dividends

Franklin

Institutional

U.S.

Government

Money

Market

Fund,

3.583%

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

$20,993,046

$49,102,722

$(54,818,775)

$—

$—

$15,276,993

15,276,993

$217,407

3. #### Transactions

#### with

#### Affiliates
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

g. #### Waiver

#### and

#### Expense

#### Reimbursements
Asset

Management

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

1.50%

based

on

the

average

net

assets

of

each

class

until

December

31,

2026. 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

December

31,

2026. 4. #### Income

#### Taxes
For

tax

purposes,

capital

losses

may

be

carried

over

to

offset

future

capital

gains.

At

August

31,

2025,

the

capital

loss

carryforwards

were

as

follows:

At

February

28,

2026,

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

wash

sales,

passive

foreign

investment

company

shares,

foreign

capital

gains

tax

and

corporate

actions.

#### &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

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

#### Non-Controlled

#### Affiliates
Income

from

securities

loaned

Franklin

Institutional

U.S.

Government

Money

Market

Fund,

3.583%

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

$—

$11,204,572

$(9,315,149)

$—

$—

$1,889,423

1,889,423

$8,026

#### Total

#### Affiliated

#### Securities

#### ...
$20,993,046

$60,307,294

$(64,133,924)

$—

$—

$17,166,416

$225,433

Capital

loss

carryforwards

not

subject

to

expiration:

Long

term

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

$

12,186,377

Cost

of

investments

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

$245,647,053

Unrealized

appreciation

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

$123,501,133

Unrealized

depreciation

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

(35,489,600)

Net

unrealized

appreciation

(depreciation)

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

$88,011,533

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

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

5. #### Investment

#### Transactions
Purchases

and

sales

of

investments (excluding

short

term

securities) for

the

period

ended

February

28,

2026,

aggregated

$27,896,691 and

$71,332,389,

respectively.

At

February

28,

2026,

in

connection

with

securities

lending

transactions,

the

Fund

loaned

equity

investments

and

received

$1,889,423

of

cash

collateral.

The

gross

amount

of

recognized

liability

for

such

transactions

is

included

in

payable

upon

return

of

securities

loaned

in

the

Statement

of

Assets

and

Liabilities.

The

agreements

can

be

terminated

at

any

time.

6. #### 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.

Certain

investments

in

Chinese

companies

are

made

through

a

special

structure

known

as

a

VIE.

In

a

VIE

structure,

foreign

investors,

such

as

the

Fund,

will

only

own

stock

in

a

shell

company

rather

than

directly

in

the

VIE,

which

must

be

owned

by

Chinese

nationals

(and/or

Chinese

companies)

to

obtain

the

licenses

and/or

assets

required

to

operate

in

a

restricted

or

prohibited

sector

in

China.

The

value

of

the

shell

company

is

derived

from

its

ability

to

consolidate

the

VIE

into

its

financials

pursuant

to

contractual

arrangements

that

allow

the

shell

company

to

exert

a

degree

of

control

over,

and

obtain

economic

benefits

arising

from,

the

VIE

without

formal

legal

ownership.

While

VIEs

are

a

longstanding

industry

practice

and

are

well

known

by

Chinese

officials

and

regulators,

the

structure

historically

has

not

been

formally

recognized

under

Chinese

law

and

it

is

uncertain

whether

Chinese

officials

or

regulators

will

withdraw

their

implicit

acceptance

of

the

structure.

It

is

also

uncertain

whether

the

contractual

arrangements,

which

may

be

subject

to

conflicts

of

interest

between

the

legal

owners

of

the

VIE

and

foreign

investors,

would

be

enforced

by

Chinese

courts

or

arbitration

bodies.

Prohibitions

of

these

structures

by

the

Chinese

government,

or

the

inability

to

enforce

such

contracts,

from

which

the

shell

company

derives

its

value,

would

likely

cause

the

VIE-structured

holding(s)

to

suffer

significant,

detrimental,

and

possibly

permanent

losses,

and

in

turn,

adversely

affect

the

Fund's

returns

and

net

asset

value.

7. #### 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

29,

2027. 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

February

28,

2026,

the Fund

did

not

use

the

Global

Credit

Facility.

8. #### 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:

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

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 February

28,

2026,

in

valuing

the

Fund's

assets

carried

at

fair

value,

is

as

follows:

9. #### Operating

#### Segments
The Fund operates

as

a

single

operating

segment,

which

is

an

investment

portfolio.

The

chief

investment

officer

of

the

Fund's

investment

manager serves

as

the

Chief

Operating

Decision

Maker

("CODM")

and

is

responsible

for

evaluating

the

Fund's

operating

results

and

allocating

resources

in

accordance

with

the

Fund's

investment

strategy.

Internal

reporting

provided

to

the

CODM

aligns

with

the

accounting

policies

and

measurement

principles

used

in

the financial

statements.

#### Level

#### 1

#### Level

#### 2

#### Level

#### 3

#### Total

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund

#### Assets:
Investments

in

Securities:

a

Common

Stocks

:

Brazil

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

$

3,292,814

$

—

$

—

$

3,292,814

China

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

8,957,206

8,209,656

—

17,166,862

Georgia

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

—

7,484,336

—

7,484,336

Greece

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

4,192,520

—

—

4,192,520

Hong

Kong

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

—

713,168

—

713,168

Hungary

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

7,166,079

—

—

7,166,079

India

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

22,107,413

75,676,379

—

97,783,792

Indonesia

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

—

5,306,571

—

5,306,571

Italy

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

—

2,375,175

—

2,375,175

Kazakhstan

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

5,652,612

—

—

5,652,612

Mexico

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

7,057,701

—

—

7,057,701

Peru

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

1,897,222

—

—

1,897,222

Philippines

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

4,734,086

12,368,953

—

17,103,039

Saudi

Arabia

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

—

2,755,277

—

2,755,277

South

Africa

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

2,863,435

—

—

2,863,435

South

Korea

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

—

38,165,731

—

38,165,731

Taiwan

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

—

43,903,919

—

43,903,919

Thailand

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

568,996

5,007,581

—

5,576,577

United

Arab

Emirates

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

9,600,201

639,954

—

10,240,155

Vietnam

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

28,019,773

—

—

28,019,773

Preferred

Stocks

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

7,766,787

—

—

7,766,787

Rights

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

8,625

—

—

8,625

Short

Term

Investments

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

17,166,416

—

—

17,166,416

Total

Investments

in

Securities

...........

$131,051,886

$202,606,700

b

$—

$333,658,586

a

For

detailed

categories,

see

the

accompanying

Schedule

of

Investments.

b

Includes

foreign

securities

valued

at

$202,138,290,

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.

8. #### Fair

#### Value

#### Measurements
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Templeton

#### Emerging

#### Markets

#### Small

#### Cap

#### Fund
(continued)

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.

10. #### 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.

#### Abbreviations

#### Selected

#### Portfolio

#### ADR
American

Depositary

Receipt

#### GDR
Global

Depositary

Receipt

#### REIT
Real

Estate

Investment

Trust

9. #### Operating

#### Segments
(continued)

Templeton

Global

Investment

Trust

franklintempleton.com

Semiannual

Report

#### 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

#### Management

#### and

#### Subadvisory

#### Agreements
For

the

period

covered

by

this

report

Not

applicable.

4398-SFSOI

04/26©

2026

Franklin

Templeton.

All

rights

reserved.

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM

#### Financial

#### Statements

#### and

#### Other

#### Important

#### Information

#### Semi-Annual
\|

February

28,

2026

#### If

#### you

#### need

#### assistance

#### accessing

#### this

#### content,

#### please

#### reach

#### out

#### to

#### your

#### sales

#### representative

#### or

#### send

#### an

#### email

#### to

#### accessibility@franklintempleton.com

#### .

#### Table

#### of

#### Contents
franklintempleton.com

Financial

Statements

and

Other

Important

Information—Semiannual

Financial

Highlights

and

Schedule

of

Investments

#### 2
Financial

Statements

#### 6
Notes

to

Financial

Statements

#### 9
Changes

In

and

Disagreements

with

Accountants

#### 17
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

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

#### Six

#### Months

#### Ended

#### February

#### 28,

#### 2026
(unaudited)

#### Year

#### Ended

#### August

#### 31,

#### Year

#### Ended

#### August

#### 31,

#### 2022

#### a

#### 2025

#### 2024

#### 2023

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

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

$10.57

$9.07

$7.92

$7.66

$10.00

Income

from

investment

operations

b

:

Net

investment

income

c

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

0.09 0.25 0.27 0.34 d

0.19 Net

realized

and

unrealized

gains

(losses)

...........

6.75 1.52 1.27 0.22 (2.47)

Total

from

investment

operations

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

6.84 1.77 1.54 0.56 (2.28)

Less

distributions

from:

Net

investment

income

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

(0.40)

(0.27)

(0.39)

(0.30)

(0.06)

Net

asset

value,

end

of

period

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

$17.01

$10.57

$9.07

$7.92

$7.66

Total

return

e

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

66.12%

20.27%

20.33%

7.43%

(22.92)%

#### Ratios

#### to

#### average

#### net

#### assets

#### f
Expenses

before

waiver

and

payments

by

affiliates

......

13.54%

9.95%

13.34%

15.23%

17.93%

Expenses

net

of

waiver

and

payments

by

affiliates

.......

—%

—%

—%

—%

—%

Net

investment

income

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

1.42%

2.74%

3.26%

4.37%

d

2.48%

#### Supplemental

#### data
Net

assets,

end

of

period

(000's)

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

$1,910

$1,232

$1,023

$894

$849

Portfolio

turnover

rate

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

11.87%

18.45%

34.19%

35.74%

31.11%

a

For

the

period

October

20,

2021

(commencement

of

operations)

to

August

31,

2022. b

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

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

Net

investment

income

per

share

includes

approximately

$0.12

per

share

related

to

income

received

in

the

form

of

special

dividends

in

connection

with

certain

Fund

holdings.

Excluding

this

amount,

the

ratio

of

net

investment

income

to

average

net

assets

would

have

been

2.85%.

e

Total

return

is

not

annualized

for

periods

less

than

one

year.

f

Ratios

are

annualized

for

periods

less

than

one

year,

except

for

non-recurring

expenses,

if

any.

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited),

February

28,

2026

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Industry

#### Shares
a

#### Value
a

#### Common

#### Stocks

#### 100.6%

#### Brazil

#### 1.7%
a

Hypera

SA

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

Pharmaceuticals

2,794

$

12,579

TOTVS

SA

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

Software

2,882

21,273

33,852

#### China

#### 7.8%
b

Budweiser

Brewing

Co.

APAC

Ltd.

,

144A

,

Reg

S

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

Beverages

26,161

25,983

China

Merchants

Bank

Co.

Ltd.

,

A

....

Banks

900

5,083

COSCO

SHIPPING

Ports

Ltd.

.......

Transportation

Infrastructure

8,825

7,313

b

Greentown

Service

Group

Co.

Ltd.

,

Reg

S

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

Real

Estate

Management

&

Development

6,432

3,578

Haier

Smart

Home

Co.

Ltd.

,

D

.......

Household

Durables

6,483

15,260

b,c

Kuaishou

Technology

,

144A

,

Reg

S

...

Interactive

Media

&

Services

1,704

13,512

NARI

Technology

Co.

Ltd.

,

A

........

Electrical

Equipment

10,609

42,224

Uni-President

China

Holdings

Ltd.

....

Food

Products

12,460

12,295

Weichai

Power

Co.

Ltd.

,

H

.........

Machinery

5,871

24,431

149,679

#### Hungary

#### 1.7%
Richter

Gedeon

Nyrt.

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

Pharmaceuticals

853

31,936

#### India

#### 5.6%
ACC

Ltd.

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

Construction

Materials

541

9,477

a

Ather

Energy

Ltd.

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

Automobiles

1,083

8,463

Bajaj

Holdings

&

Investment

Ltd.

.....

Financial

Services

23,895

Brigade

Enterprises

Ltd.

...........

Real

Estate

Management

&

Development

928

7,083

a

Eternal

Ltd.

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

Hotels,

Restaurants

&

Leisure

7,769

21,024

Federal

Bank

Ltd.

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

Banks

2,281

7,527

HDFC

Bank

Ltd.

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

Banks

4,203

a

Niva

Bupa

Health

Insurance

Co.

Ltd.

..

Insurance

11,564

9,544

a,b

Pine

Labs

Ltd.

,

144A

,

Reg

S

........

Financial

Services

7,409

15,491

106,707

#### Indonesia

#### 0.6%
Astra

International

Tbk.

PT

.........

Industrial

Conglomerates

29,611

11,782

#### Italy

#### 0.1%
a,b

Wizz

Air

Holdings

plc

,

144A

,

Reg

S

...

Passenger

Airlines

1,220

#### Mexico

#### 0.0%

#### †
a,b

Nemak

SAB

de

CV

,

144A

,

Reg

S

....

Automobile

Components

#### Philippines

#### 0.9%
BDO

Unibank,

Inc.

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

Banks

7,475

17,777

#### South

#### Africa

#### 3.7%
Discovery

Ltd.

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

Insurance

2,759

45,284

Netcare

Ltd.

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

Health

Care

Providers

&

Services

22,301

24,046

69,330

#### South

#### Korea

#### 43.9%
Doosan

Bobcat,

Inc.

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

Machinery

667

30,077

a

Hanmi

Pharm

Co.

Ltd.

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

Pharmaceuticals

13,596

Hyundai

Motor

Co.

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

Automobiles

99,391

LG

Corp.

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

Industrial

Conglomerates

787

58,891

Misto

Holdings

Corp.

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

Textiles,

Apparel

&

Luxury

Goods

10,235

NAVER

Corp.

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

Interactive

Media

&

Services

39,747

Samsung

Electronics

Co.

Ltd.

.......

Technology

Hardware,

Storage

&

Peripherals

1,700

254,441

Samsung

Life

Insurance

Co.

Ltd.

.....

Insurance

28,655

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
(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)

#### South

#### Korea
(continued)

a

Samsung

SDI

Co.

Ltd.

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

Electronic

Equipment,

Instruments

&

Components

$

11,671

SK

Hynix,

Inc.

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

Semiconductors

&

Semiconductor

Equipment

294,278

840,982

#### Taiwan

#### 29.6%
Hon

Hai

Precision

Industry

Co.

Ltd.

...

Electronic

Equipment,

Instruments

&

Components

9,466

72,403

d

Lite-On

Technology

Corp.

..........

Technology

Hardware,

Storage

&

Peripherals

6,364

34,738

MediaTek,

Inc.

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

Semiconductors

&

Semiconductor

Equipment

1,270

78,231

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

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

Semiconductors

&

Semiconductor

Equipment

5,564

347,184

Zhen

Ding

Technology

Holding

Ltd.

...

Electronic

Equipment,

Instruments

&

Components

4,782

31,616

564,172

#### Thailand

#### 2.3%
Kasikornbank

PCL

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

Banks

2,205

14,254

Minor

International

PCL

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

Hotels,

Restaurants

&

Leisure

22,549

18,856

Star

Petroleum

Refining

PCL

........

Oil,

Gas

&

Consumable

Fuels

19,098

4,679

Thai

Beverage

PCL

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

Beverages

14,544

5,282

43,071

#### Turkiye

#### 0.5%
BIM

Birlesik

Magazalar

A/S

.........

Consumer

Staples

Distribution

&

Retail

581

8,849

#### United

#### Arab

#### Emirates

#### 2.2%
Emaar

Development

PJSC

.........

Real

Estate

Management

&

Development

5,476

28,848

Emirates

Central

Cooling

Systems

Corp.

Water

Utilities

21,384

10,363

Spinneys

1961

Holding

plc

.........

Consumer

Staples

Distribution

&

Retail

9,802

4,003

43,214

#### Total

#### Common

#### Stocks

#### (Cost

#### $

#### 951,714

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

#### 1,922,608

#### Rights
a

#### a

#### Rights

#### 0.0%

#### †

#### Brazil

#### 0.0%

#### †
a

Hypera

SA

,

3/17/26

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

Pharmaceuticals

#### Total

#### Rights

#### (Cost

#### $

#### –

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

#### 128

#### Total

#### Long

#### Term

#### Investments

#### (Cost

#### $

#### 951,714

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

#### 1,922,736
Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
(continued)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Short

#### Term

#### Investments

#### 0.1%
a

a

#### Industry

#### Shares
a

#### Value
a

a

#### a
a

#### Money

#### Market

#### Funds

#### 0.1%

#### United

#### States

#### 0.1%
e,f

Franklin

Institutional

U.S.

Government

Money

Market

Fund

,

3.583 %

......

1,839

$

1,839

#### Total

#### Money

#### Market

#### Funds

#### (Cost

#### $

#### 1,839

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

#### 1,839
a

#### a
a

a

#### Total

#### Short

#### Term

#### Investments

#### (Cost

#### $

#### 1,839

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

#### 1,839
a

#### a

#### Total

#### Investments

#### (Cost

#### $

#### 953,553

####)
100.7 #### %
......................................

#### $1,924,575

#### Other

#### Assets,

#### less

#### Liabilities

#### (0.7 ####)

#### %
...........................................

#### (14,090)

#### Net

#### Assets

#### 100.0%

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

#### $1,910,485

#### a
†

Rounds

to

less

than

0.1%

of

net

assets.

a

Non-income

producing.

b

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

February

28,

2026,

the

aggregate

value

of

these

securities

was

$59,821,

representing

3.1%

of

net

assets.

c

Variable

interest

entity

(VIE).

See

Note

regarding

investments

made

through

a

VIE

structure.

At

February

28,

2026,

the

value

of

this

security

was

$13,512,

representing

0.7%

of

net

assets.

d

A

portion

or

all

of

the

security

purchased

on

a

delayed

delivery

basis.

See

Note

1(c).

e

See

Note

3(d)

regarding

investments

in

affiliated

management

investment

companies.

f

The

rate

shown

is

the

annualized

seven-day

effective

yield

at

period

end.

Templeton

Global

Investment

Trust

Financial

Statements

Statement

of

Assets

and

Liabilities

February

28,

2026

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
Assets:

Investments

in

securities:

Cost

-

Unaffiliated

issuers

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

$951,714

Cost

-

Non-controlled

affiliates

(Note

d)

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

1,839

Value

-

Unaffiliated

issuers

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

$1,922,736

Value

-

Non-controlled

affiliates

(Note

d)

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

1,839

Receivables:

Investment

securities

sold

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

7,255

Dividends

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

2,727

Affiliates

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

33,119

Total

assets

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

1,967,676

Liabilities:

Payables:

Investment

securities

purchased

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

1,613

Professional

fees

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

44,196

Trustees'

fees

and

expenses

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

953

Deferred

taxes

on

unrealized

appreciation

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

2,065

Accrued

expenses

and

other

liabilities

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

8,364

Total

liabilities

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

57,191

Net

assets,

at

value

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

$1,910,485

Net

assets

consist

of:

Paid-in

capital

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

$1,108,882

Total

distributable

earnings

(losses)

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

801,603

Net

assets,

at

value

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

$1,910,485

Shares

outstanding

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

112,335

Net

asset

value

per

share

a

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

$17.01

a

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

February

28,

2026

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
Investment

income:

Dividends:

(net

of

foreign

taxes

of

$1,837)

Unaffiliated

issuers

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

$10,144

Non-controlled

affiliates

(Note

d)

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

Other

income

a

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

Total

investment

income

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

10,378

Expenses:

Transfer

agent

fees

(Not

e

3c)

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

Custodian

fees

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

534

Reports

to

shareholders

fees

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

3,849

Registration

and

filing

fees

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

23,366

Professional

fees

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

64,010

Trustees'

fees

and

expenses

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

884

Other

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

5,873

Total

expenses

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

98,943

Expenses

waived/paid

by

affiliates

(Note

d

and

e)

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

(98,943)

Net

expenses

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

—

Net

investment

income

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

10,378

Realized

and

unrealized

gains

(losses):

Net

realized

gain

(loss)

from:

Investments:

(net

of

foreign

taxes

of

$1,119)

Unaffiliated

issuers

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

48,275

Foreign

currency

transactions

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

(51) Net

realized

gain

(loss)

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

48,224

Net

change

in

unrealized

appreciation

(depreciation)

on:

Investments:

Unaffiliated

issuers

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

717,042

Translation

of

other

assets

and

liabilities

denominated

in

foreign

currencies

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

(58) Change

in

deferred

taxes

on

unrealized

appreciation

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

2,748

Net

change

in

unrealized

appreciation

(depreciation)

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

719,732

Net

realized

and

unrealized

gain

(loss)

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

767,956

Net

increase

(decrease)

in

net

assets

resulting

from

operations

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

$778,334

a

Other

income

includes

payments

by

Asset

Management

for

acquired

fund

fees

and

expenses

(See

Note

3e).

Templeton

Global

Investment

Trust

Financial

Statements

Statements

of

Changes

in

Net

Assets

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM

#### Six

#### Months

#### Ended

#### February

#### 28,

#### 2026
(unaudited)

#### Year

#### Ended

#### August

#### 31,

#### 2025
Increase

(decrease)

in

net

assets:

Operations:

Net

investment

income

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

$10,378

$28,573

Net

realized

gain

(loss)

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

48,224

(46,137)

Net

change

in

unrealized

appreciation

(depreciation)

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

719,732

219,322

Net

increase

(decrease)

in

net

assets

resulting

from

operations

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

778,334

201,758

Distributions

to

shareholders

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

(46,512)

(30,029)

Capital

share

transactions

(Note

2)

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

(52,959)

36,730

Net

increase

(decrease)

in

net

assets

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

678,863

208,459

Net

assets:

Beginning

of

period

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

1,231,622

1,023,163

End

of

period

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

$1,910,485

$1,231,622

Templeton

Global

Investment

Trust

franklintempleton.com

Semiannual

Report

Notes

to

Financial

Statements

(unaudited)

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
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. Franklin

Templeton

SMACS:

Series

EM

(Fund)

is

included

in

this

report.

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.

Investments

in open-end mutual

funds

are

valued

at

the

closing

NAV.

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

February

28,

2026,

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

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
(continued)

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. #### Securities

#### Purchased

#### on

#### a

#### When-Issued,

#### Forward

#### Commitment or

#### Delayed

#### Delivery

#### Basis
The

Fund

may

purchase

securities

on

a when-issued,

forward

commitment

or

delayed

delivery basis,

with

payment

and

delivery

scheduled

for

a

future

date.

These

transactions

are

subject

to

market

fluctuations

and

are

subject

to

the

risk

that

the

value

at

delivery

may

be

more

or

less

than

the

trade

date

purchase

price.

Although

the

Fund

will

generally

purchase

these

securities

with

the

intention

of

holding

the

securities, it

may

sell

the

securities

before

the

settlement

date.

d. #### 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 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.

In

some

cases,

the

Fund

may

be

entitled

to

reclaim

all

or

a

portion

of

such

taxes,

and

such

reclaim

amounts,

if

any,

are

reflected

as

a

dividend

receivable

in

the

Statement

of

Assets

and

Liabilities

and

dividend

income

in

the

Statement

of

Operations.

In

many

cases,

however,

the

Fund

may

not

receive

such

amounts

for

an

extended

period

of

time,

depending

on

the

country

of

investment.

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.

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

February

28,

2026, the Fund

has

determined

that

no

tax

liability

is

required

in

its

financial

statements

related

to

uncertain

tax

positions

for

any

open

tax

years

(or

expected

to

be

taken

in

future

tax

years).

The

Fund's

federal

and

state

income

and

federal

excise

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

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
(continued)

tax

returns

for

the

prior

three

fiscal

years

are

subject

to

examination

by

the

Internal

Revenue

Service

and

state

departments

of

revenue.

e. #### 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. Estimated

expenses

are

accrued

daily.

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.

f. #### 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.

g. #### 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.

2. #### Shares

#### of

#### Beneficial

#### Interest
At

February

28,

2026,

there

were

an

unlimited

number

of

shares

authorized

(without

par

value).

Transactions

in

the

Fund's

shares

were

as

follows:

#### Six

#### Months

#### Ended

#### February

#### 28,

#### 2026

#### Year

#### Ended

#### August

#### 31,

#### 2025

#### Shares

#### Amount

#### Shares

#### Amount
Shares

sold

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

873

$10,400

3,657

$36,730

Shares

redeemed

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

(5,004)

(63,359)

—

—

Net

increase

(decrease)

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

(4,131)

$(52,959)

3,657

$36,730

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
(continued)

d. #### Income

#### and

#### Deferred

#### Taxes
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
(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 Trust are

also

officers

and/or

directors

of

the

following

subsidiaries:

a. #### Management

#### Fees
Asset

Management provides

investment

management

services

to

the

Fund.

The

Fund

does

not

pay

a

fee

for

these

services.

Under

a

subadvisory

agreement, FTIML,

an

affiliate of

Asset Management, provides

subadvisory

services

to

the

Fund.

The

Fund

does

not

pay

a

fee

for

these

services.

b. #### Administrative

#### Fees
Under

an

agreement

with

Asset

Management,

FT

Services

provides

administrative

services

to

the Fund

and

is

not

paid

by

the

Fund

for

the

services.

c. #### Transfer

#### Agent

#### Fees
The

Fund

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,

the

Fund reimburses

Investor

Services

for

out

of

pocket

expenses

incurred

and reimburses

shareholder

servicing

fees

paid

to

third

parties.

For

the

period

ended

February

28,

2026,

the Fund

paid

transfer

agent

fees

as

noted

in

the

Statement of

Operations,

of

which

$127

was

retained

by

Investor

Services.

d. #### 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. Asset

Management has

contractually

agreed

to

reimburse

expenses

of

the

Fund

in

an

amount

equal

to

fees

indirectly

borne

by

the

Fund

on

assets

invested

in

the

affiliated

management

investment

companies,

as

noted

in

the

Statement

of

Operations.

During

the period

ended

February

28,

2026,

investments

in

affiliated

management

investment

companies

were

as

follows:

#### Subsidiary

#### Affiliation
Templeton

Asset

Management

Ltd.

(Asset

Management)

Investment

manager

Franklin

Templeton

Investment

Management

Ltd.

(FTIML)

Subadvisor

Franklin

Templeton

Services,

LLC

(FT

Services)

Administrative

manager

Franklin

Distributors,

LLC

(Distributors)

Principal

underwriter

Franklin

Templeton

Investor

Services,

LLC

(Investor

Services)

Transfer

agent

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
(continued)

e. #### Waiver

#### and

#### Expense

#### Reimbursements
Asset

Management

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

certain

non-routine

expenses

or

costs,

including

those

relating

to

litigation,

indemnification,

reorganizations,

and

liquidations),

interest

expense

and

acquired

fund

fees

and

expenses

of

the

Fund

do not

exceed

0.00%

based

on

the

average

net

assets

until

December

31,

2026. Total

expenses

waived

or

paid

are

not

subject

to

recapture

subsequent

to

the

Fund's

fiscal

year

end.

Acquired

fund

fees

and

expenses

are

indirect

expenses,

and

therefore Asset

Management may

make

payments,

if

necessary,

to

the

Fund

to

offset

these

estimated

indirect

expenses.

Payments

by Asset

Management for

the period

ended

February

28,

2026,

are

reflected

as

other

income

in

the

Statement

of

Operations.

f. #### Other

#### Affiliated

#### Transactions
At

February

28,

2026, Templeton

International,

Inc.

owned

100%

of

the

Fund's

outstanding

shares.

Investment

activities

of

this

shareholder

could

have

a

material

impact

on

the

Fund.

4. #### Income

#### Taxes
For

tax

purposes,

capital

losses

may

be

carried

over

to

offset

future

capital

gains.

At

August

31,

2025,

the

capital

loss

carryforwards

were

as

follows:

At

February

28,

2026,

the

cost

of

investments

and

net

unrealized

appreciation

(depreciation) for

income

tax

purposes

were

as

follows:

#### &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

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM

#### Non-Controlled

#### Affiliates
Dividends

Franklin

Institutional

U.S.

Government

Money

Market

Fund,

3.583%

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

$64,989

$225,260

$(288,410)

$—

$—

$1,839

1,839

$195

#### Total

#### Affiliated

#### Securities

#### ...
$64,989

$225,260

$(288,410)

$—

$—

$1,839

$195

Capital

loss

carryforwards

not

subject

to

expiration:

Short

term

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

$

4,657

Long

term

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

184,659

Total

capital

loss

carryforwards

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

$189,316

Cost

of

investments

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

$975,024

Unrealized

appreciation

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

$991,361

Unrealized

depreciation

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

(41,810)

Net

unrealized

appreciation

(depreciation)

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

$949,551

3. #### Transactions

#### with

#### Affiliates
(continued)

d. #### Investments

#### in

#### Affiliated

#### Management

#### Investment

#### Companies
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
(continued)

Differences

between

income

and/or

capital

gains

as

determined

on

a

book

basis

and

a

tax

basis

are

primarily

due

to

differing

treatments

of

wash

sales,

passive

foreign

investment

company

shares

and

foreign

capital

gains

tax.

5. #### Investment

#### Transactions
Purchases

and

sales

of

investments (excluding

short

term

securities) for

the

period

ended

February

28,

2026,

aggregated

$176,304 and

$215,156,

respectively.

6. #### 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.

Certain

investments

in

Chinese

companies

are

made

through

a

special

structure

known

as

a

VIE.

In

a

VIE

structure,

foreign

investors,

such

as

the

Fund,

will

only

own

stock

in

a

shell

company

rather

than

directly

in

the

VIE,

which

must

be

owned

by

Chinese

nationals

(and/or

Chinese

companies)

to

obtain

the

licenses

and/or

assets

required

to

operate

in

a

restricted

or

prohibited

sector

in

China.

The

value

of

the

shell

company

is

derived

from

its

ability

to

consolidate

the

VIE

into

its

financials

pursuant

to

contractual

arrangements

that

allow

the

shell

company

to

exert

a

degree

of

control

over,

and

obtain

economic

benefits

arising

from,

the

VIE

without

formal

legal

ownership.

While

VIEs

are

a

longstanding

industry

practice

and

are

well

known

by

Chinese

officials

and

regulators,

the

structure

historically

has

not

been

formally

recognized

under

Chinese

law

and

it

is

uncertain

whether

Chinese

officials

or

regulators

will

withdraw

their

implicit

acceptance

of

the

structure.

It

is

also

uncertain

whether

the

contractual

arrangements,

which

may

be

subject

to

conflicts

of

interest

between

the

legal

owners

of

the

VIE

and

foreign

investors,

would

be

enforced

by

Chinese

courts

or

arbitration

bodies.

Prohibitions

of

these

structures

by

the

Chinese

government,

or

the

inability

to

enforce

such

contracts,

from

which

the

shell

company

derives

its

value,

would

likely

cause

the

VIE-structured

holding(s)

to

suffer

significant,

detrimental,

and

possibly

permanent

losses,

and

in

turn,

adversely

affect

the

Fund's

returns

and

net

asset

value.

7. #### 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

29,

2027. 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

February

28,

2026,

the Fund

did

not

use

the

Global

Credit

Facility.

4. #### Income

#### Taxes
(continued)

Templeton

Global

Investment

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
(continued)

8. #### 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 February

28,

2026,

in

valuing

the

Fund's

assets

carried

at

fair

value,

is

as

follows:

9. #### Operating

#### Segments
The Fund operates

as

a

single

operating

segment,

which

is

an

investment

portfolio.

The

chief

investment

officer

of

the

Fund's

investment

manager serves

as

the

Chief

Operating

Decision

Maker

("CODM")

and

is

responsible

for

evaluating

the

Fund's

operating

results

and

allocating

resources

in

accordance

with

the

Fund's

investment

strategy.

Internal

reporting

provided

to

the

CODM

aligns

with

the

accounting

policies

and

measurement

principles

used

in

the financial

statements.

#### Level

#### 1

#### Level

#### 2

#### Level

#### 3

#### Total

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM

#### Assets:
Investments

in

Securities:

a

Common

Stocks

:

Brazil

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

$

33,852

$

—

$

—

$

33,852

China

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

12,295

137,384

—

149,679

Hungary

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

31,936

—

—

31,936

India

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

23,954

82,753

—

106,707

Indonesia

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

—

11,782

—

11,782

Italy

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

—

1,220

—

1,220

Mexico

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

—

—

Philippines

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

—

17,777

—

17,777

South

Africa

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

69,330

—

—

69,330

South

Korea

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

—

840,982

—

840,982

Taiwan

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

—

564,172

—

564,172

Thailand

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

—

43,071

—

43,071

Turkiye

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

—

8,849

—

8,849

United

Arab

Emirates

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

43,214

—

—

43,214

Rights

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

—

—

Short

Term

Investments

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

1,839

—

—

1,839

Total

Investments

in

Securities

...........

$216,585

$1,707,990

b

$—

$1,924,575

a

For

detailed

categories,

see

the

accompanying

Schedule

of

Investments.

b

Includes

foreign

securities

valued

at

$1,707,990,

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

#### Franklin

#### Templeton

#### SMACS:

#### Series

#### EM
(continued)

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.

10. #### 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.

9. #### Operating

#### Segments
(continued)

Templeton

Global

Investment

Trust

franklintempleton.com

Semiannual

Report

#### 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

Funds'

investment

manager

according

to

the

terms

of

the

agreement.

#### Board

#### Approval

#### of

#### Management

#### and

#### Subadvisory

#### Agreements
For

the

period

covered

by

this

report

Not

applicable.

29776-SFSOI

04/26©

2026

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. |

---

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.](tgit-efp23858_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.](tgit-efp23858_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: | April 30, 2026 |

---

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: | April 30, 2026 |
| By: | /s/ Jeffrey White |
|  | Jeffrey White |
|  | Chief Financial Officer, Chief Accounting Officer and Treasurer |
| Date: | April 30, 2026 |

---

## 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: April 30, 2026 |
| /s/ Christopher Kings |
| Christopher Kings |
| Chief 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: April 30, 2026 |
| /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,** Principal Executive Officer and **Jeffrey White,** Principal Financial Officer 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 **February 28, 2026** (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 -** | **Chief Financial Officer, Chief** |
| **Finance and Administration** | **Accounting Officer and Treasurer** |
| Templeton Global Investment Trust | Templeton Global Investment Trust |
| /s/ Christopher Kings | /s/ Jeffrey White |
| Christopher Kings | Jeffrey White |
| Date: April 30, 2026 | Date: April 30, 2026 |

---

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.