# EDGAR Filing Document

**Accession Number:** 0000225930
**File Stem:** 0001752724-25-178336
**Filing Date:** 2025-7
**Character Count:** 18257
**Document Hash:** 11700dd1a68cb96e340bc3e595b478e8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-178336.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-178336

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TEMPLETON FUNDS
- **CENTRAL INDEX KEY:** 0000225930

**ORGANIZATION NAME:**
- **EIN:** 222169185
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02781
- **FILM NUMBER:** 251150163

**BUSINESS ADDRESS:**
- **STREET 1:** 300 S.E. 2ND STREET
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33301-1923
- **BUSINESS PHONE:** 9545277500

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TEMPLETON FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TEMPLETON WORLD FUND INC
- **DATE OF NAME CHANGE:** 19821115

## Series and Classes Contracts Data

### Templeton Foreign Fund (Series ID: S000008746)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000023811 | Class A       | TEMFX           |
| C000023813 | Class C       | TEFTX           |
| C000023814 | Advisor Class | TFFAX           |
| C000023815 | Class R       | TEFRX           |
| C000128740 | Class R6      | FTFGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Templeton Funds

- **b. Investment Company Act file number:** 811-02781

- **c. CIK number of Registrant:** 0000225930

- **d. LEI of Registrant:** 549300821JJXJNIYNR98

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 300 S.E. 2nd Street

  - **City:** Fort Lauderdale

  - **State:** FL

  - **Foreign country:** US

  - **Zip / Postal Code:** 33301-1923

  - **Telephone number:** 954-527-7500

**Item A.2. Information about the Series.**

- **a. Name of Series:** Templeton Foreign Fund

- **b. EDGAR series identifier (if any):** S000008746

- **c. LEI of Series:** 549300XGZSBD9O0E1I88

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2525027780.03

**Total Liabilities:** $7272986.63

**Net Assets:** $2517754793.40

**Cash Not Reported:** $1895153.96

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000023813 | 0.24%                | -1.08%               | 4.96%                |
| Class ID C000128740 | 0.37%                | -1.11%               | 5.10%                |
| Class ID C000023815 | 0.25%                | -1.11%               | 5.12%                |
| Class ID C000023814 | 0.25%                | -0.98%               | 5.09%                |
| Class ID C000023811 | 0.24%                | -1.08%               | 5.11%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6778693.12             | $10376138.51                               |
| Month 2  | $-44159906.91            | $4066299.34                                |
| Month 3  | $4578862.51              | $100405468.15                              |

### Schedule of Portfolio Investments

| Name                                        | Title                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ING Groep NV                                | ING Groep NV                                | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |   3822767 | NS      | $81203808.89  | 3.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd.                  | Alibaba Group Holding Ltd.                  | CUSIP: N/A<br>LEI: 5493001NTNQJDH60PM02       | Long             | EC               | CORP              | KY        |   4664360 | NS      | $66410282.22  | 2.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Adecco Group AG                             | Adecco Group AG                             | CUSIP: N/A<br>LEI: NI14Y5UMU60O7JE9P611       | Long             | EC               | CORP              | CH        |   1939119 | NS      | $54161313.67  | 2.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                    | Lloyds Banking Group plc                    | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |  67693821 | NS      | $70510483.27  | 2.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd. | Taiwan Semiconductor Manufacturing Co. Ltd. | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |   2778034 | NS      | $88602728.50  | 3.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Kering SA                                   | Kering SA                                   | CUSIP: N/A<br>LEI: 549300VGEJKB7SVUZR78       | Long             | EC               | CORP              | FR        |    202736 | NS      | $39624208.08  | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Prudential plc                              | Prudential plc                              | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |   5718974 | NS      | $65046211.07  | 2.58%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd.                              | HDFC Bank Ltd.                              | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |   3346941 | NS      | $76377379.22  | 3.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Shinhan Financial Group Co. Ltd.            | Shinhan Financial Group Co. Ltd.            | CUSIP: N/A<br>LEI: 988400EB8A6G49E5KO54       | Long             | EC               | CORP              | KR        |    957651 | NS      | $40055698.02  | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Freeport-McMoRan, Inc.                      | Freeport-McMoRan, Inc.                      | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |   1621078 | NS      | $62379081.44  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BP plc                                      | BP plc                                      | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |  18662274 | NS      | $90737827.09  | 3.60%             |  |  |  | No            |                  2 | On Loan: No      |
| ASM International NV                        | ASM International NV                        | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |     62330 | NS      | $33922861.77  | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Smurfit WestRock plc                        | Smurfit WestRock plc                        | CUSIP: N/A<br>LEI: 635400EGSEOPDW2EXS14       | Long             | EC               | CORP              | IE        |   1620500 | NS      | $70216265.00  | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd.                       | Tencent Holdings Ltd.                       | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |    777900 | NS      | $49040880.61  | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                        | Royal Bank of Canada                        | CUSIP: N/A<br>LEI: ES7IP3U3RHIGC71XBU11       | Long             | STIV             | CORP              | CA        |  78300000 | PA      | $78300000.00  | 3.11%             | 2025-06-02      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.       | Sumitomo Mitsui Financial Group, Inc.       | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |   3953103 | NS      | $101558927.56 | 4.03%             |  |  |  | No            |                  2 | On Loan: No      |
| STMicroelectronics NV                       | STMicroelectronics NV                       | CUSIP: N/A<br>LEI: 213800Z8NOHIKRI42W10       | Long             | EC               | CORP              | NL        |   1954104 | NS      | $49057149.13  | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Stellantis NV                               | Stellantis NV                               | CUSIP: N/A<br>LEI: 549300LKT9PW7ZIBDF31       | Long             | EC               | CORP              | NL        |   3612060 | NS      | $36819449.84  | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| CRH plc                                     | CRH plc                                     | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |    553656 | NS      | $49970424.63  | 1.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Securitas AB                                | Securitas AB, Class B                       | CUSIP: N/A<br>LEI: 635400TTYKE8EIWDS617       | Long             | EC               | CORP              | SE        |   3608245 | NS      | $53360860.60  | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| JD Sports Fashion plc                       | JD Sports Fashion plc                       | CUSIP: N/A<br>LEI: 213800HROV6Y9MUU8375       | Long             | EC               | CORP              | GB        |  59473111 | NS      | $67450448.73  | 2.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell plc                                   | Shell plc                                   | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |   2784975 | NS      | $91890052.41  | 3.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Carrefour SA                                | Carrefour SA                                | CUSIP: N/A<br>LEI: 549300B8P6MUJ1YWTS08       | Long             | EC               | CORP              | FR        |   7577200 | NS      | $113312206.04 | 4.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Infineon Technologies AG                    | Infineon Technologies AG                    | CUSIP: N/A<br>LEI: TSI2PJM6EPETEQ4X1U25       | Long             | EC               | CORP              | DE        |   1779882 | NS      | $69201315.41  | 2.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered plc                      | Standard Chartered plc                      | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |   5057880 | NS      | $78909331.72  | 3.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Persimmon plc                               | Persimmon plc                               | CUSIP: N/A<br>LEI: 213800XI72Y57UWN6F31       | Long             | EC               | CORP              | GB        |   2842162 | NS      | $51090510.72  | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CNH Industrial NV                           | CNH Industrial NV                           | CUSIP: N/A<br>LEI: 549300WGC2HZ5J67V817       | Long             | EC               | CORP              | NL        |   7287716 | NS      | $91169327.16  | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca plc                             | AstraZeneca plc                             | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |    650171 | NS      | $95239690.85  | 3.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Orsted A/S                                  | Orsted A/S                                  | CUSIP: N/A<br>LEI: W9NG6WMZIYEU8VEDOG48       | Long             | EC               | CORP              | DK        |   1606715 | NS      | $66030401.18  | 2.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Galp Energia SGPS SA                        | Galp Energia SGPS SA, Class B               | CUSIP: N/A<br>LEI: 2138003319Y7NM75FG53       | Long             | EC               | CORP              | PT        |   2686358 | NS      | $43006685.02  | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| ManpowerGroup, Inc.                         | ManpowerGroup, Inc.                         | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |    726540 | NS      | $30478353.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd.                              | AIA Group Ltd.                              | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |   3465514 | NS      | $28847382.00  | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Aviation SA                        | Dassault Aviation SA                        | CUSIP: N/A<br>LEI: 969500CVFTUT88V8QN95       | Long             | EC               | CORP              | FR        |    131719 | NS      | $47908556.12  | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosus NV                                   | Prosus NV                                   | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |    735946 | NS      | $37804222.54  | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Barratt Redrow plc                          | Barratt Redrow plc                          | CUSIP: N/A<br>LEI: 2138006R85VEOF5YNK29       | Long             | EC               | CORP              | GB        |   9076049 | NS      | $56412212.46  | 2.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Albemarle Corp.                             | Albemarle Corp.                             | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |    415213 | NS      | $23152276.88  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Continental AG                              | Continental AG                              | CUSIP: N/A<br>LEI: 529900A7YD9C0LLXM621       | Long             | EC               | CORP              | DE        |    591160 | NS      | $51845592.47  | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Re AG                                 | Swiss Re AG                                 | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |    430532 | NS      | $76072335.61  | 3.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SSE plc                                     | SSE plc                                     | CUSIP: N/A<br>LEI: 549300KI75VYLLMSK856       | Long             | EC               | CORP              | GB        |   1600495 | NS      | $38101472.03  | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co. Ltd.                | Samsung Electronics Co. Ltd.                | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |   1844100 | NS      | $74829335.46  | 2.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Smurfit WestRock plc                        | Smurfit WestRock plc                        | CUSIP: N/A<br>LEI: 635400EGSEOPDW2EXS14       | Long             | EC               | CORP              | IE        |    212627 | NS      | $9213127.91   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Templeton Funds

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer