Welcome!

News Feed Item

Templeton Releases Closed-End Funds' Portfolio Allocation Updates

FORT LAUDERDALE, FL -- (Marketwired) -- 01/21/14 -- 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, 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 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, 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 $879 billion in assets under management as of December 31, 2013. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.


                         TEMPLETON DRAGON FUND, INC.
                           AS OF DECEMBER 31, 2013
                      TOTAL NET ASSETS: $1,027,445,056
                      NET ASSET VALUE PER SHARE: $28.46
                       OUTSTANDING SHARES: 36,100,663

                         PERCENT OF                              PERCENT OF
                          TOTAL NET                               TOTAL NET
ASSET ALLOCATION           ASSETS      TEN LARGEST POSITIONS       ASSETS
-----------------------------------    ------------------------- ----------
CASH & OTHER                    0.6%   DAIRY FARM INTERNATIONAL
                                       HOLDINGS LTD                    16.1%
EQUITY*                        99.4%   CHINA PETROLEUM &
                                       CHEMICAL CORP (SINOPEC)          9.6%
                         ----------
                              100.0%   CNOOC LTD                        6.8%
                                       TAIWAN SEMICONDUCTOR
                                       MANUFACTURING CO LTD             5.4%
                                       PETROCHINA CO LTD                5.2%
                                       CHINA MOBILE LTD                 4.2%
                                       CHINA CONSTRUCTION BANK          3.5%
                                       GREAT WALL MOTOR COMPANY
                                       LTD                              2.8%
                                       CHEUNG KONG
                                       INFRASTRUCTURE HOLDINGS
                                       LTD                              2.5%
                                       DONGFENG MOTOR GROUP CO
                                       LTD                              2.3%
                                                                 ----------
                                                                       58.3%

                       PERCENT OF                                PERCENT OF
INTERNATIONAL           TOTAL NET                                 TOTAL NET
 ALLOCATION              ASSETS      INDUSTRY ALLOCATION           ASSETS
----------------------------------   ---------------------------------------
ASIA                        100.0%   CONSUMER DISCRETIONARY            11.9%
----------------------------------   ---------------------------------------
  CHINA                      65.5%     AUTOMOBILES & COMPONENTS         8.8%
  HONG KONG                  24.3%     CONSUMER DURABLES &
                                       APPAREL                          0.9%
  TAIWAN                     10.3%     CONSUMER SERVICES                0.7%
----------------------------------
TOTAL EQUITY*               100.0%     RETAILING                        1.5%
----------------------------------   ---------------------------------------
                                     CONSUMER STAPLES                  20.3%
                                     ---------------------------------------
                                       FOOD & STAPLES RETAILING        18.5%
                                       FOOD BEVERAGE & TOBACCO          1.8%
                                     ---------------------------------------
                                     ENERGY                            24.6%
                                     ---------------------------------------
                                     FINANCIALS                        12.0%
                                     ---------------------------------------
                                       BANKS                            9.2%
                                       INSURANCE                        0.8%
                                       REAL ESTATE                      2.0%
                                     ---------------------------------------
                                     HEALTH CARE                        0.5%
                                     ---------------------------------------
                                       PHARMACEUTICALS,
                                       BIOTECHNOLOGY &
                                       LIFE SCIENCES                    0.5%
                                     ---------------------------------------
                                     INDUSTRIALS                        6.2%
                                     ---------------------------------------
                                       CAPITAL GOODS                    4.2%
                                       TRANSPORTATION                   2.0%
                                     ---------------------------------------
                                     INFORMATION TECHNOLOGY            10.4%
                                     ---------------------------------------
                                       SEMICONDUCTORS &
                                       SEMICONDUCTOR EQUIPMENT          6.9%
                                       SOFTWARE & SERVICES              1.6%
                                       TECHNOLOGY HARDWARE &
                                       EQUIPMENT                        1.8%
                                     ---------------------------------------
                                     MATERIALS                          5.5%
                                     ---------------------------------------
                                     TELECOMMUNICATION SERVICES         5.1%
                                     ---------------------------------------
                                     UTILITIES                          3.6%
                                     ---------------------------------------
                                     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, 2013
                      TOTAL NET ASSETS: $1,134,562,563
                      NET ASSET VALUE PER SHARE: $8.46
                       OUTSTANDING SHARES: 134,144,158

                          PERCENT OF
                           TOTAL NET
ASSET ALLOCATION            ASSETS      PORTFOLIO CHARACTERISTICS
------------------------------------    ------------------------------------
CASH & CASH EQUIVALENTS         13.6%   WEIGHTED AVG. MATURITY   3.5945 yrs.
DERIVATIVES                     -0.4%   WEIGHTED AVG. DURATION   2.3410 yrs.
FIXED INCOME                    86.8%   WEIGHTED AVG. COUPON     5.3059%
                          ----------
                               100.0%


                        PERCENT OF                               PERCENT OF
NET CURRENCY             TOTAL NET                                TOTAL NET
 DISTRIBUTION             ASSETS      COUNTRY DISTRIBUTION         ASSETS
-----------------------------------   --------------------------------------
ASIA                          27.6%   ASIA                             30.9%
-----------------------------------   --------------------------------------
  INDIAN RUPEE                 3.5%     INDONESIA                       2.8%
  INDO RUPIAH                  2.8%     MALAYSIA                        4.5%
  JAPANESE YEN               -20.5%     PHILIPPINES                     1.0%
  MALAYSI RINGGIT             15.7%     SINGAPORE                       2.2%
  PHILIPPINE PESO              1.0%     SOUTH KOREA                    16.7%
  SOUTH KOREAN WON            17.7%     SRI LANKA                       2.9%
  SINGAPORE DOLLAR             4.4%     VIETNAM                         0.9%
                                      --------------------------------------
  SRI LANKA RUPEE              2.9%   EUROPE                           37.8%
-----------------------------------   --------------------------------------
EUROPE                        -5.0%     HUNGARY                         4.7%
-----------------------------------
  EURO                       -32.1%     ICELAND                         0.3%
  HUNGARY FORINT               1.2%     IRELAND                        10.8%
  POLAND ZLOTY                13.3%     LITHUANIA                       2.5%
  SWEDISH KRONA               12.5%     POLAND                         12.4%
-----------------------------------
LATIN AMERICA                 28.8%     RUSSIA                          0.5%
-----------------------------------
  BRAZILIAN REAL               8.1%     SERBIA                          0.6%
  CHILEAN PESO                 7.6%     SLOVENIA                        0.9%
  MEXICAN PESO                 9.5%     SWEDEN                          3.1%
  PERU NUEVO SOL               3.7%     UKRAINE                         2.1%
-----------------------------------   --------------------------------------
NORTH AMERICA                 48.6%   LATIN AMERICA                    16.6%
-----------------------------------   --------------------------------------
  US DOLLAR                   48.6%     BRAZIL                          8.1%
-----------------------------------
TOTAL                        100.0%     MEXICO                          4.8%
-----------------------------------
                                        PERU                            3.7%
                                      --------------------------------------
                                      NORTH AMERICA                    -0.2%
                                      --------------------------------------
                                        UNITED STATES                  -0.2%
                                      --------------------------------------
                                      OTHER                            14.8%
                                      --------------------------------------
                                        SUPRANATIONAL                   1.3%
                                        CASH                           13.6%
                                        DERIVATIVES                    -0.2%
                                      --------------------------------------
                                      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, 2013
                        TOTAL NET ASSETS: $94,031,942
                      NET ASSET VALUE PER SHARE: $17.01
                        OUTSTANDING SHARES: 5,526,944

                         PERCENT OF                                PERCENT
                          TOTAL NET                                OF TOTAL
ASSET ALLOCATION           ASSETS     TEN LARGEST POSITIONS       NET ASSETS
-----------------------------------   --------------------------------------
CASH & OTHER                    5.4%  SBERBANK OF RUSSIA                16.2%
EQUITY*                        94.6%  GLOBALTRANS INVESTMENT PLC         8.4%
                         ----------
                              100.0%  MHP SA                             6.9%
                                      VEROPHARM                          6.1%
                                      SOCIETATEA NATIONALA DE GAZE
                                      NATURALE ROMGAZ SA                 5.5%
                                      KCELL JSC                          5.2%
                                      GAZPROM OAO                        5.0%
                                      X5 RETAIL GROUP NV                 4.8%
                                      DIXIE GROUP OJSC                   4.4%
                                      LUKOIL OAO                         3.5%
                                                                  ----------
                                                                        66.0%

                        PERCENT OF                               PERCENT OF
                         TOTAL NET                                TOTAL NET
INTERNATIONAL ALLOCATION  ASSETS      INDUSTRY ALLOCATION          ASSETS
-----------------------------------   --------------------------------------
ASIA                           9.0%   CONSUMER DISCRETIONARY            2.6%
-----------------------------------   --------------------------------------
  KAZAKHSTAN                   9.0%     RETAILING                       2.6%
-----------------------------------   --------------------------------------
EUROPE                        90.1%   CONSUMER STAPLES                 19.3%
-----------------------------------   --------------------------------------
  ESTONIA                      1.0%     FOOD & STAPLES RETAILING       11.7%
  GEORGIA                      2.7%     FOOD BEVERAGE & TOBACCO         7.6%
                                      --------------------------------------
  POLAND                       1.4%   ENERGY                           24.3%
                                      --------------------------------------
  PORTUGAL                     2.0%   FINANCIALS                       24.8%
                                      --------------------------------------
  ROMANIA                      8.4%     BANKS                          21.9%
  RUSSIA                      65.0%     REAL ESTATE                     2.9%
                                      --------------------------------------
  TURKEY                       2.0%   HEALTH CARE                       8.2%
                                      --------------------------------------
  UKRAINE                      7.6%     HEALTH CARE EQUIPMENT &
                                        SERVICES                        1.4%
-----------------------------------
MID-EAST/AFRICA                1.0%     PHARMACEUTICALS,
                                        BIOTECHNOLOGY &
                                        LIFE SCIENCES                   6.8%
-----------------------------------   --------------------------------------
  TURKMENISTAN                 1.0%   INDUSTRIALS                       9.7%
-----------------------------------   --------------------------------------
TOTAL EQUITY*                100.0%     TRANSPORTATION                  9.7%
-----------------------------------   --------------------------------------
                                      MATERIALS                         5.6%
                                      --------------------------------------
                                      TELECOMMUNICATION SERVICES        5.5%
                                      --------------------------------------
                                      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.

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

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
"At ROHA we develop an app called Catcha. It was developed after we spent a year meeting with, talking to, interacting with senior citizens watching them use their smartphones and talking to them about how they use their smartphones so we could get to know their smartphone behavior," explained Dave Woods, Chief Innovation Officer at ROHA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2017 New York. The 20th Cloud Expo and 7th @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Internet to enable us all to im...
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU's GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes. In...
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, drew together recent research and lessons learned from emerging and established compa...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.