Templeton Releases Closed-End Funds' Portfolio Allocation Updates

Marketwired

FORT LAUDERDALE, FL--(Marketwire - Mar 21, 2013) - The Templeton closed-end Funds referenced below, which trade on the New York Stock Exchange, today released portfolio allocation updates containing the following information as of February 28, 2013:

  • Asset Allocation
  • Ten Largest Positions/Portfolio Characteristics
  • International Allocation/Net Currency Distribution
  • Industry Allocation/Country Distribution

To obtain a copy of the updates, please contact Fund Information at 1-800-342-5236.

Templeton closed-end Funds:

Templeton Emerging Markets Fund (NYSE: EMF)
Templeton Emerging Markets Income Fund (NYSE: TEI)
Templeton Global Income Fund (NYSE: GIM)

The Funds' investment managers are subsidiaries of Franklin Resources, Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 investment teams. The San Mateo, CA-based company has more than 65 years of investment experience and over $813 billion in assets under management as of February 28, 2013. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

   
TEMPLETON EMERGING MARKETS FUND  
AS OF FEBRUARY 28, 2013  
TOTAL NET ASSETS: $404,016,923  
NET ASSET VALUE PER SHARE: $22.38  
OUTSTANDING SHARES: 18,051,115  
   
ASSET ALLOCATION   PERCENT OF TOTAL NET ASSETS     TEN LARGEST POSITIONS   PERCENT OF TOTAL NET ASSETS  
CASH & OTHER   2.0 %   BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD   10.3 %
EQUITY*   98.0 %   DAIRY FARM INTERNATIONAL HOLDINGS LTD   5.3 %
    100.0 %   PT ASTRA INTERNATIONAL TBK   4.5 %
          VALE SA   4.4 %
          TATA CONSULTANCY SERVICES LTD   4.3 %
          KIATNAKIN BANK PUBLIC CO LTD   4.1 %
          KASIKORNBANK PCL   4.1 %
          BANCO BRADESCO SA   3.4 %
          AKBANK TAS   3.3 %
          PETROCHINA CO LTD   3.1 %
              46.6 %
                 
                 
                 
INTERNATIONAL ALLOCATION   PERCENT OF PORTFOLIO NET ASSETS     INDUSTRY ALLOCATION   PERCENT OF PORTFOLIO NET ASSETS  
ASIA   71.9 %   CONSUMER DISCRETIONARY   18.9 %
  CHINA   20.3 %     AUTOMOBILES & COMPONENTS   17.3 %
  HONG KONG   8.1 %     CONSUMER DURABLES & APPAREL   1.6 %
  INDIA   8.8 %   CONSUMER STAPLES   8.2 %
  INDONESIA   8.2 %     FOOD & STAPLES RETAILING   7.8 %
  PAKISTAN   2.4 %     HOUSEHOLD & PERSONAL PRODUCTS   0.4 %
  SOUTH KOREA   5.5 %   ENERGY   26.5 %
  THAILAND   12.9 %   FINANCIALS   25.4 %
  TURKEY   5.7 %     BANKS   24.2 %
EUROPE   11.2 %     REAL ESTATE   1.3 %
  AUSTRIA   1.1 %   INDUSTRIALS   2.9 %
  HUNGARY   0.9 %     CAPITAL GOODS   2.0 %
  POLAND   0.2 %     TRANSPORTATION   0.9 %
  RUSSIA   7.6 %   INFORMATION TECHNOLOGY   6.0 %
  UNITED KINGDOM   1.4 %     SOFTWARE & SERVICES   4.3 %
LATIN AMERICA   16.1 %     TECHNOLOGY HARDWARE & EQUIPMENT   1.7 %
  BRAZIL   13.7 %   MATERIALS   12.0 %
  MEXICO   2.4 %   TOTAL EQUITY*   100.0 %
MID-EAST/AFRICA   0.8 %          
  JORDAN   0.3 %          
  SOUTH AFRICA   0.5 %          
TOTAL EQUITY*   100.0 %          
                 
                 

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. Since markets can go up and down, investment return and principal value will fluctuate with market conditions, currency volatility, and the economic, social and political climates of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. You may have a gain or loss when you sell your shares. The industry allocation uses MSCI's industry definitions for the convenience of comparison. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy. The Fund's portfolio is actively managed and investment allocations can be expected to change. This press release contains statistical data regarding the Fund's portfolio. The Fund's complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Fund's Annual and Semi-Annual Reports to Shareholders filed with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. For portfolio management discussions, including information regarding the Fund's investment strategies, please view the most recent Annual or Semi-Annual Report to Shareholders which can be found at franklintempleton.com or sec.gov.

* EQUITY INCLUDES CONVERTIBLE AND PREFERRED SECURITIES.

 
TEMPLETON EMERGING MARKETS INCOME FUND
AS OF FEBRUARY 28, 2013
TOTAL NET ASSETS: $768,873,837
NET ASSET VALUE PER SHARE: $16.04
OUTSTANDING SHARES: 47,923,245
 
ASSET ALLOCATION   PERCENT OF TOTAL NET ASSETS   PORTFOLIO CHARACTERISTICS    
CASH & OTHER   6.6%   WEIGHTED AVG. MATURITY   6.8699 yrs.
FIXED INCOME   93.4%   WEIGHTED AVG. DURATION   4.4070 yrs.
    100.0%   WEIGHTED AVG. COUPON   7.6567%
             
NET CURRENCY DISTRIBUTION   PERCENT OF TOTAL NET ASSETS   COUNTRY DISTRIBUTION   PERCENT OF TOTAL NET ASSETS
ASIA   -1.0%   ASIA   13.3%
  INDO RUPIAH   4.4%     INDIA   0.6%
  JAPANESE YEN   -9.2%     INDONESIA   4.4%
  MALAYSI RINGGIT   0.7%     SRI LANKA   3.8%
  SOUTH KOREAN WON   0.9%     TURKEY   3.6%
  SRI LANKA RUPEE   2.2%     VIETNAM   1.0%
EUROPE   0.3%   EUROPE   35.1%
  EURO MON UNIT   -2.1%     BOSNIA AND HERZEGOVINA   0.6%
  POLAND ZLOTY   0.7%     CROATIA   1.2%
  SERBIAN DINAR   1.6%     GEORGIA   0.5%
  UKRAINE HRYVNIA   0.2%     HUNGARY   4.7%
LATIN AMERICA   14.7%     KAZAKHSTAN   8.0%
  BRAZILIAN REAL   9.9%     LATVIA   1.6%
  MEXICAN PESO   4.8%     LITHUANIA   0.6%
MID-EAST/AFRICA   4.7%     ROMANIA   1.0%
  GHANA CEDI NEW   3.5%     RUSSIA   6.9%
  NIGERIAN NAIRA   1.2%     SERBIA   3.2%
NORTH AMERICA   81.2%     UKRAINE   6.8%
  US DOLLAR   81.2%   LATIN AMERICA   25.3%
TOTAL   100.0%     ARGENTINA   3.8%
          BRAZIL   9.9%
          EL SALVADOR   0.4%
          MEXICO   8.0%
          PERU   0.3%
          TRINIDAD AND TOBAGO   0.8%
          VENEZUELA   2.0%
        MID-EAST/AFRICA   19.1%
          GHANA   5.3%
          IRAQ   3.3%
          NIGERIA   1.2%
          SOUTH AFRICA   2.8%
          UNITED ARAB EMIRATES   3.9%
          ZAMBIA   2.7%
        OTHER   5.9%
          SUPRANATIONAL   0.7%
          CASH   4.7%
          DERIVATIVES   0.5%
        NORTH AMERICA   1.3%
          UNITED STATES   1.3%
        TOTAL   100.0%

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. Since markets can go up and down, investment return and principal value will fluctuate with market conditions, currency volatility, and the economic, social and political climates of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. You may have a gain or loss when you sell your shares. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy. The weightings do not include the impact of currency forwards within the country weightings. The Fund's portfolio is actively managed and investment allocations can be expected to change. This press release contains statistical data regarding the Fund's portfolio. The Fund's complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Fund's Annual and Semi-Annual Reports to Shareholders filed with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. For portfolio management discussions, including information regarding the Fund's investment strategies, please view the most recent Annual or Semi-Annual Report to Shareholders which can be found at franklintempleton.com or sec.gov.

 
 
TEMPLETON GLOBAL INCOME FUND
AS OF FEBRUARY 28, 2013
TOTAL NET ASSETS: $1,230,672,054
NET ASSET VALUE PER SHARE: $9.19
OUTSTANDING SHARES: 134,007,303
 
ASSET ALLOCATION   PERCENT OF TOTAL NET ASSETS   PORTFOLIO CHARACTERISTICS    
CASH & OTHER   10.3%   WEIGHTED AVG. MATURITY   3.9358 yrs.
FIXED INCOME   89.7%   WEIGHTED AVG. DURATION   2.5942 yrs.
    100.0%   WEIGHTED AVG. COUPON   5.3823%
             
NET CURRENCY DISTRIBUTION   PERCENT OF TOTAL NET ASSETS   COUNTRY DISTRIBUTION   PERCENT OF TOTAL NET ASSETS
ASIA   33.2%   ASIA   31.2%
  INDIAN RUPEE   3.7%     INDONESIA   4.6%
  INDO RUPIAH   4.6%     MALAYSIA   4.8%
  JAPANESE YEN   -17.5%     PHILIPPINES   0.3%
  MALAYSI RINGGIT   15.8%     SINGAPORE   2.1%
  PHILIPPINE PESO   3.0%     SOUTH KOREA   16.1%
  SINGAPORE DOLLAR   4.1%     SRI LANKA   2.5%
  SOUTH KOREAN WON   17.0%     VIETNAM   0.9%
  SRI LANKA RUPEE   2.5%   AUSTRALIA/NEW ZEALAND   3.9%
AUSTRALIA/NEW ZEALAND   3.9%     AUSTRALIA   3.9%
  AUSTRALIAN DOLLAR   3.9%   EUROPE   34.3%
EUROPE   -1.4%     HUNGARY   4.0%
  EURO MON UNIT   -29.2%     ICELAND   0.3%
  HUNGARY FORINT   1.0%     IRELAND   9.2%
  NORWEGIAN KRONE   1.9%     LITHUANIA   2.4%
  POLAND ZLOTY   11.9%     POLAND   11.0%
  SWEDISH KRONA   13.1%     RUSSIA   0.5%
LATIN AMERICA   29.7%     SERBIA   0.6%
  BRAZILIAN REAL   9.4%     SLOVENIA   0.3%
  CHILEAN PESO   7.6%     SWEDEN   4.4%
  MEXICAN PESO   8.8%     UKRAINE   1.6%
  PERU NUEVO SOL   4.0%   LATIN AMERICA   18.6%
MID-EAST/AFRICA   1.6%     BRAZIL   9.4%
  ISRAELI SHEKEL   1.6%     MEXICO   4.7%
NORTH AMERICA   32.9%     PERU   4.0%
  US DOLLAR   32.9%     VENEZUELA   0.5%
TOTAL   100.0%   MID-EAST/AFRICA   1.6%
          ISRAEL   1.6%
        NORTH AMERICA   -0.5%
          UNITED STATES   -0.5%
        OTHER   10.9%
          SUPRANATIONAL   2.4%
          CASH   5.6%
          DERIVATIVES   2.9%
        TOTAL   100.0%

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. Since markets can go up and down, investment return and principal value will fluctuate with market conditions, currency volatility, and the economic, social and political climates of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. You may have a gain or loss when you sell your shares. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy. The weightings do not include the impact of currency forwards within the country weightings. The Fund's portfolio is actively managed and investment allocations can be expected to change. This press release contains statistical data regarding the Fund's portfolio. The Fund's complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Fund's Annual and Semi-Annual Reports to Shareholders filed with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. For portfolio management discussions, including information regarding the Fund's investment strategies, please view the most recent Annual or Semi-Annual Report to Shareholders which can be found at franklintempleton.com or sec.gov.

Contact:
For more information, please contact:
Franklin Templeton Investments
1-800-342-5236

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