Individual Investor Contact Us My Cart (0) My Accounts Sign In/Register Products & Planning Insights Resources Our Approach Accounts [search.title] Home Mutual Funds Templeton Global Total Return Fund - TTRZX FIND A FUND How to Buy Print Share [ALERT-HEADING] Dec 31 2016 Templeton Global Total Return Fund Fiscal Year-end Date Changed to December 31, Effective 12/31/16 - Read More TTRZX Templeton Global Total Return Fund Share Class Advisor Favorite [favorite] Overview Portfolio Performance Distributions Pricing Tax Info Documents PRICE AND YTD RETURN As of 07/12/2017 NAV 1 UP $0.06 $12.48 POP2 $12.48 YTD TOTAL RETURN AT NAV 4.89% AVERAGE ANNUAL TOTAL RETURNS 3 As of Quarter end 06/30/2017 SALES CHARGE ON OFF Read important information about results and other investment disclosures 1 YEAR RETURN 11.76% 5 YEAR RETURN 4.64% SINCE INCEPTION Inception: 09/30/2008 8.28% KEY STATS Read important information about results and other investment disclosures Investment Category Multi Sector Distributions Monthly CUSIP 880 208 855 Fund Number 696 Inception Date 4 Sep 30, 2008 Total Net Assets (all share classes) As of 06/30/2017 $5,640.6 (M) Distribution Rate at NAV As of 07/12/2017 3.54% 30-Day Standardized yield 5 As of 06/30/2017 (updated monthly) w/ Waiver 5.70% w/o Waiver 5.64% SALES CHARGE, EXPENSES, & FEES As of 05/01/2017 (updated annually) Gross Expense Ratio 6 0.86% Net Expense Ratio 0.83% Max Initial Sales Charge 0.00% CDSC 0.00% 12b-1 Fee 0.00% FUND DESCRIPTION The fund seeks total investment return consisting of a combination of interest income, capital appreciation and currency gains. The fund primarily invests in fixed and floating-rate debt securities and debt obligations of governments, government-related or corporate issuers worldwide and regularly enters into various currency-related and other transactions involving derivative instruments. STRATEGY STATEMENT "The fund has a flexible strategy, investing in a broad opportunity set across geographic, sector, currency and credit opportunities to maximize income and total return potential for our shareholders." Michael Hasenstab, Ph.D MANAGEMENT Michael Hasenstab, Ph.D Joined Franklin Templeton in 1995 Managed Fund Since 2008 Sonal Desai, Ph.D Joined Franklin Templeton in 2009 Managed Fund Since 2011 RATING OVERALL MORNINGSTAR RATING 7 8 As of 06/30/2017 Rating Category: World Bond The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics. HISTORICAL MORNINGSTAR RATING As of 06/30/2017 YEARS RATINGS FUNDS IN CATEGORY 3 Stars 298 5 Stars 253 10 — — MORNINGSTAR STYLE BOX 9 As of03/31/2017 Table Legend Current Historical High QUALITY Medium Historical Style Current Style Low Ltd Mod Ext DURATION STRATEGY, BENEFITS, RESULTS STRATEGY We seek to generate total return through investment opportunities in currency, interest rate and credit markets. Our multi-sector global bond fund is designed to capitalize on fixed income opportunities around the world. We invest in fixed- and floating-rate bonds of corporations, governments and government-related issuers worldwide. Our assets are allocated based on the manager's assessment of value across countries and sectors given changing market, political and economic conditions, as well as an in-depth evaluation of interest rates, exchange rates and credit risks. Our portfolio management team taps the expertise of the 100-plus investment professionals that comprise the Franklin Templeton Fixed Income Group®. BENEFITS Flexible Mandate Expands Opportunity. We can invest in any country, currency or fixed income sector to take advantage of income and capital appreciation opportunities as they arise. Global Expertise. In addition to the experts in our international bond department, we also leverage the broad expertise of the entire Franklin Templeton Fixed Income Group® and its global specialist teams covering every major sector of the fixed-income market. RESULTS Hypothetical $10K Investment INVESTING IN THE FUND What Are the Risks? All investments involve risks, including possible loss of principal. Derivatives, including currency management strategies, involve costs and can create economic leverage in the portfolio which may result in significant volatility and cause the fund to participate in losses on an amount that exceeds the fund’s initial investment. The fund may not achieve the anticipated benefits, and may realize losses when a counterparty fails to perform as promised. The markets for particular securities or types of securities are or may become relatively illiquid. Reduced liquidity will have an adverse impact on the security’s value and on the fund’s ability to sell such securities when necessary to meet the fund’s liquidity needs or in response to a specific market event. Foreign securities involve special risks, including currency fluctuations (which may be significant over the short term) and economic and political uncertainties; investments in emerging markets involve heightened risks related to the same factors. Sovereign debt securities are subject to various risks in addition to those relating to debt securities and foreign securities generally, including, but not limited to, the risk that a government entity may be unwilling or unable to pay interest and repay principal on its sovereign debt, or otherwise meet its obligations when due. Investments in lower-rated bonds include higher risk of default and loss of principal. Bond prices generally move in the opposite direction of interest rates. As the prices of bonds in the fund adjust to a rise in interest rates, the fund’s share price may decline. Changes in the financial strength of a bond issuer or in a bond’s credit rating may affect its value. These and other risks are discussed in the fund’s prospectus. MINIMUM INVESTMENT See Prospectus HOW FINANCIAL ADVISORS HELP YOU Speak to your advisor about whether this fund is appropriate for you. Learn more from FINRA about How to Find and Work with an Investment Professional. Important Legal Information CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute. Total Returns include change in share price, assume reinvestment of all distributions, and reflect the deduction of fund expenses and applicable fees. Total Returns With Sales Charge: returns reflect the deduction of the stated sales charge. Total returns, distribution rate, and yields reflect any applicable expense reductions, without which the results for those impacted funds would have been lower. All investments involve risks, including possible loss of principal. Derivatives, including currency management strategies, involve costs and can create economic leverage in the portfolio which may result in significant volatility and cause the fund to participate in losses on an amount that exceeds the fund's initial investment. The fund may not achieve the anticipated benefits, and may realize losses when a counterparty fails to perform as promised. The markets for particular securities or types of securities are or may become relatively illiquid. Reduced liquidity will have an adverse impact on the security's value and on the fund's ability to sell such securities when necessary to meet the fund's liquidity needs or in response to a specific market event. Foreign securities involve special risks, including currency fluctuations (which may be significant over the short term) and economic and political uncertainties; investments in emerging markets involve heightened risks related to the same factors. Sovereign debt securities are subject to various risks in addition to those relating to debt securities and foreign securities generally, including, but not limited to, the risk that a government entity may be unwilling or unable to pay interest and repay principal on its sovereign debt, or otherwise meet its obligations when due. Investments in lower-rated bonds include higher risk of default and loss of principal. Bond prices generally move in the opposite direction of interest rates. As the prices of bonds in the fund adjust to a rise in interest rates, the fund's share price may decline. Changes in the financial strength of a bond issuer or in a bond's credit rating may affect its value. These and other risks are discussed in the fund's prospectus. For more information on any of our funds, contact your financial advisor or download a free prospectus. Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money. Most Franklin Templeton funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance. In general, Class A shares have a maximum initial sales charge; Class C shares have a 1% contingent deferred sales charge; Class Z, Advisor Class and Class R6 shares have no sales charges nor Rule 12b-1 fees; Class R shares have no sales charges, but do have a Rule 12b-1 fee. Advisor Class shares are only offered to certain eligible investors as stated in the prospectus. They are offered without sales charges or Rule 12b-1 fees. The fund offers multiple share classes, which are subject to different fees and expenses that will affect their performance. Please see the prospectus for details. Change the share class selection in the dropdown at the top of this page in order to see its performance details. Performance data represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. Footnotes Net Asset Value — The amount per share you would receive if you sold shares that day. Public Offering Price — Purchase price for each share of the fund on a given day. It includes the maximum initial sales charge, if any. Effective 9/30/08, the fund began offering Advisor Class shares. For periods prior to the fund's Advisor Class inception date, a restated figure is used based on the fund's oldest share class, Class A performance, excluding the effect of Class A's maximum initial sales charge but reflecting the effect of the Class A Rule 12b-1 fees; and for periods after the fund's Advisor Class inception date, actual Advisor Class performance is used, reflecting all charges and fees applicable to that class. For performance reporting purposes, the inception date for Classes A, R, R6, Z, and Advisor Class shares of all Franklin Templeton Funds is the date of effectiveness of the fund's registration statement or the first day the fund commenced operations. For Class C shares, generally the inception date is the first day the fund commenced offering such shares. Exceptions: Templeton Global Balanced Fund Classes A and C use the inception date of the old Class A and C shares, renamed Class A1 and Class C1. For Franklin Mutual Series Funds, Franklin International Small Cap Growth Fund and Franklin Pelagos Commodities Strategy Fund, the inception date for Classes A, C, R and R6 shares is the funds' oldest class', Z or Advisor, inception date. Franklin U.S. Government Money Fund Class R6 inception date is the first day it commenced offering such shares. For Franklin California Ultra-Short Tax-Free Income Fund Classes A1 and Advisor Class use the inception date of its predecessor, Franklin California Tax-Exempt Money Fund. The fund's 30-day standardized yield is calculated over a trailing 30-day period using the yield to maturity on bonds and/or the dividends accrued on stocks. It may not equal the fund's actual income distribution rate, which reflects the fund's past dividends paid to shareholders. The Gross Expense Ratio does not include a fee waiver related to the Fund's investment in a Franklin Templeton money fund and/or other Franklin Templeton fund, contractually guaranteed through 4/30/18. Fund investment results reflect the fee reduction; without this reduction, the results would have been lower. Please see the prospectus for additional information. Source: Morningstar®. For each mutual fund and exchange traded fund with at least a 3-year history, Morningstar calculates a Morningstar Rating™ based on how a fund ranks on a Morningstar Risk-Adjusted Return measure against other funds in the same category. This measure takes into account variations in a fund's monthly performance, and does not take into account the effects of sales charges, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The weights are: 100% 3-year rating for 36-59 months of total returns, 60% 5-year rating/40% 3-year rating for 60-119 months of total returns, and 50% 10-year rating/30% 5-year rating/20% 3-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent 3-year period actually has the greatest impact because it is included in all three rating periods. Morningstar Rating™ is for the named share class only; other classes may have different performance characteristics. Past performance is not an indicator or a guarantee of future performance. ©2017 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Source: Morningstar®. The style box reveals a fund's investment style. For credit quality of the bonds owned, Morningstar combines credit rating information provided by the fund companies (only using ratings assigned by a Nationally Recognized Statistical Rating Organization - "NRSRO") with an average default rate calculation to come up with a weighted-average credit quality. The weighted-average credit quality is currently a letter that roughly corresponds to the scale used by a leading NRSRO. Funds with a low credit quality style box placement are those whose weighted-average credit quality is less than BBB-; medium are those less than AA- but greater or equal to BBB-; and high are those of AA- or higher. When classifying a bond portfolio, Morningstar first maps the NRSRO credit ratings of the underlying holdings to their respective default rates (as determined by Morningstar's analysis of actual historical default rates). Morningstar then averages these default rates to determine the average default rate for the entire bond fund. Finally, Morningstar maps this average default rate to its corresponding credit rating along a convex curve. For interest-rate sensitivity, Morningstar obtains from fund companies the average effective duration. Generally, Morningstar classifies a fixed-income fund's interest-rate sensitivity based on effective duration of the Morningstar Core Bond Index (MCBI), which is currently three years. The classification of Limited will be assigned to those funds whose average effective duration is between 25% to 75% of MCBI's average effective duration; average effective duration between 75% to 125% of the MCBI will be classified as Moderate; and those at 125% or greater of the MCBI will be classified as Extensive. Shaded areas show the past 3 years of quarterly data. Past performance does not guarantee future results. You need Adobe Acrobat Reader to view and print PDF documents. Download a free version from Adobe's website. Franklin Templeton Distributors, Inc. This website is for US residents. 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