Templeton Releases Closed-End Funds' Portfolio Allocation Updates

Marketwired

FORT LAUDERDALE, FL--(Marketwire - Jan 18, 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 December 31, 2012:

  • 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 Dragon Fund, Inc. (NYSE: TDF)
Templeton Global Income Fund (NYSE: GIM)
Templeton Russia and East European Fund, Inc. (NYSE: TRF)

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, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $781 billion in assets under management as of December 31, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

 
TEMPLETON DRAGON FUND, INC.
AS OF DECEMBER 31, 2012
TOTAL NET ASSETS: $1,174,588,261
NET ASSET VALUE PER SHARE: $31.18
 


ASSET ALLOCATION
  PERCENT OF TOTAL NET ASSETS  

TEN LARGEST POSITIONS
  PERCENT OF TOTAL NET ASSETS
CASH & OTHER   0.3%   DAIRY FARM INTERNATIONAL HOLDINGS LTD   17.3%
EQUITY*   99.7%   CHINA PETROLEUM & CHEMICAL CORP (SINOPEC)   9.2%
    100.0%   CNOOC LTD   7.2%
        PETROCHINA CO LTD   6.3%
        CHINA MOBILE LTD   4.5%
        TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD   4.4%
        CHINA CONSTRUCTION BANK   3.3%
        CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD   3.1%
        CHINA SHENHUA ENERGY CO LTD   2.8%
        BANK OF CHINA LTD   2.2%
            60.2%
             

INTERNATIONAL ALLOCATION
  PERCENT OF TOTAL NET ASSETS  

INDUSTRY ALLOCATION
  PERCENT OF TOTAL NET ASSETS
ASIA   100.0%   CONSUMER DISCRETIONARY   9.1%
CAMBODIA   0.1%   AUTOMOBILES & COMPONENTS   6.6%
CHINA   63.1%   CONSUMER DURABLES & APPAREL   0.3%
HONG KONG   25.7%   CONSUMER SERVICES   0.5%
TAIWAN   11.1%   RETAILING   1.8%
TOTAL EQUITY*   100.0%   CONSUMER STAPLES   22.2%
        FOOD & STAPLES RETAILING   19.3%
        FOOD BEVERAGE & TOBACCO   2.9%
        ENERGY   28.3%
        FINANCIALS   11.4%
        BANKS   8.6%
        INSURANCE   0.7%
        REAL ESTATE   2.1%
        HEALTH CARE   0.4%
        PHARMACEUTICALS, BIOTECHNOLOGY &
LIFE SCIENCES
 
0.4%
        INDUSTRIALS   5.9%
        CAPITAL GOODS   4.6%
        TRANSPORTATION   1.3%
        INFORMATION TECHNOLOGY   9.9%
        SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT  
5.1%
        SOFTWARE & SERVICES   0.9%
        TECHNOLOGY HARDWARE & EQUIPMENT   3.9%
        MATERIALS   4.5%
        TELECOMMUNICATION SERVICES   5.2%
        UTILITIES   3.1%
        TOTAL NET ASSETS   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 GLOBAL INCOME FUND
AS OF DECEMBER 31, 2012
TOTAL NET ASSETS: $1,210,352,368
NET ASSET VALUE PER SHARE: $9.08
 


ASSET ALLOCATION
  PERCENT OF TOTAL NET ASSETS  

PORTFOLIO CHARACTERISTICS
   
CASH & OTHER   8.0%   WEIGHTED AVG. MATURITY   4.0032 yrs.
FIXED INCOME   92.0%   WEIGHTED AVG. DURATION   2.6478 yrs.
    100.0%   WEIGHTED AVG. COUPON   5.3870%
             


NET CURRENCY DISTRIBUTION
  PERCENT OF TOTAL NET ASSETS  

COUNTRY DISTRIBUTION
  PERCENT OF TOTAL NET ASSETS
ASIA   33.0%   ASIA   32.1%
  INDIAN RUPEE   3.7%     INDONESIA   4.6%
  INDO RUPIAH   4.6%     MALAYSIA   5.0%
  JAPANESE YEN   -19.0%     PHILIPPINES   0.4%
  MALAYSI RINGGIT   15.6%     SINGAPORE   2.2%
  PHILIPPINE PESO   3.7%     SOUTH KOREA   16.6%
  SOUTH KOREAN WON   17.6%     SRI LANKA   2.4%
  SINGAPORE DOLLAR   4.3%     VIETNAM   0.9%
  SRI LANKA RUPEE   2.4%   AUSTRALIA/NEW ZEALAND   4.1%
AUSTRALIA/NEW ZEALAND   4.1%     AUSTRALIA   4.1%
  AUSTRALIAN DOLLAR   4.1%   EUROPE   35.2%
EUROPE   -1.6%     HUNGARY   4.1%
  EURO   -30.2%     ICELAND   0.3%
  HUNGARY FORINT   1.0%     IRELAND   9.0%
  NORWEGIAN KRONE   1.9%     LITHUANIA   2.5%
  POLAND ZLOTY   12.4%     POLAND   11.6%
  SWEDISH KRONA   13.2%     RUSSIA   0.6%
LATIN AMERICA   30.2%     SERBIA   0.6%
  BRAZILIAN REAL   9.4%     SLOVENIA   0.3%
  CHILEAN PESO   7.8%     SWEDEN   4.7%
  MEXICAN PESO   8.8%     UKRAINE   1.6%
  PERU NUEVO SOL   4.1%   LATIN AMERICA   19.2%
MID-EAST/AFRICA   2.7%     BRAZIL   9.4%
  ISRAELI SHEKEL   2.7%     MEXICO   5.1%
NORTH AMERICA   31.6%     PERU   4.1%
  US DOLLAR   31.6%     VENEZUELA   0.5%
TOTAL   100.0%   MID-EAST/AFRICA   1.7%
          ISRAEL   1.7%
        NORTH AMERICA   -0.7%
          UNITED STATES   -0.7%
        OTHER   8.4%
          SUPRANATIONAL   2.4%
          CASH   3.8%
          DERIVATIVES   2.2%
        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 RUSSIA AND EAST EUROPEAN FUND, INC.
AS OF DECEMBER 31, 2012
TOTAL NET ASSETS: $91,487,986
NET ASSET VALUE PER SHARE: $16.04
 


ASSET ALLOCATION
  PERCENT OF TOTAL NET ASSETS  

TEN LARGEST POSITIONS
  PERCENT
OF TOTAL NET ASSETS
CASH & OTHER   0.2%   SBERBANK OF RUSSIA   16.0%
EQUITY*   99.8%   GLOBALTRANS INVESTMENT PLC   9.1%
    100.0%   LUKOIL HOLDINGS   7.0%
        MHP SA   6.4%
        VEROPHARM   5.6%
        PHOSAGRO OAO   5.2%
        GAZPROM   5.0%
        MMC NORILSK NICKEL OJSC   4.8%
        CTC MEDIA INC   4.3%
        CHEREPOVETS MK SEVERSTAL   4.2%
            67.4%
             


INTERNATIONAL ALLOCATION
  PERCENT OF TOTAL NET ASSETS  

INDUSTRY ALLOCATION
  PERCENT OF TOTAL NET ASSETS
EUROPE   99.1%   CONSUMER DISCRETIONARY   4.3%
GEORGIA   1.9%   MEDIA   4.3%
HUNGARY   5.0%   CONSUMER STAPLES   10.5%
KAZAKHSTAN   5.8%   FOOD & STAPLES RETAILING   2.8%
RUSSIA   78.7%   FOOD BEVERAGE & TOBACCO   7.7%
UKRAINE   7.7%   ENERGY   19.0%
MID-EAST/AFRICA   0.9%   FINANCIALS   19.1%
TURKMENISTAN   0.9%   BANKS   19.1%
TOTAL EQUITY*   100.0%   HEALTH CARE   8.3%
        PHARMACEUTICALS, BIOTECHNOLOGY &
LIFE SCIENCES
 
8.3%
        INDUSTRIALS   9.1%
        TRANSPORTATION   9.1%
        MATERIALS   18.3%
        TELECOMMUNICATION SERVICES   9.7%
        UTILITIES   1.6%
        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.

Contact:
For more information, please contact
Franklin Templeton Investments
1-800-342-5236
View Comments (0)