FORT LAUDERDALE, FL -- (Marketwire) -- 07/18/12 -- 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 June 30, 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 $706 billion in assets under management as of June 30, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
TEMPLETON DRAGON FUND, INC.
AS OF JUNE 30, 2012
TOTAL NET ASSETS: $1,089,587,666
NET ASSET VALUE PER SHARE: $28.77
PERCENT OF PERCENT OF
TOTAL NET TOTAL NET
ASSET ASSETS TEN LARGEST POSITIONS ASSETS
ALLOCATION
---------------------------- ---------------------------------------------
CASH & OTHER 2.2% DAIRY FARM INTERNATIONAL 18.7%
HOLDINGS LTD
EQUITY* 97.8% CHINA PETROLEUM & CHEMICAL CORP 8.0%
(SINOPEC)
------------
100.0% CNOOC LTD 7.1%
PETROCHINA CO LTD 6.2%
CHINA MOBILE LTD 4.5%
TAIWAN SEMICONDUCTOR 3.9%
MANUFACTURING CO LTD
CHEUNG KONG INFRASTRUCTURE 3.3%
HOLDINGS LTD
CHINA CONSTRUCTION BANK 3.0%
CHINA SHENHUA ENERGY CO LTD 2.4%
CHINA SHIN RUBBER IND CO LTD 2.2%
------------
59.1%
PERCENT OF PERCENT OF
INTERNATIONAL TOTAL NET TOTAL NET
ALLOCATION ASSETS INDUSTRY ALLOCATION ASSETS
---------------------------- ---------------------------------------------
ASIA 100.0% CONSUMER DISCRETIONARY 9.1%
---------------------------- ---------------------------------------------
CAMBODIA 0.2% AUTOMOBILES & COMPONENTS 6.7%
CHINA 60.4% CONSUMER DURABLES & APPAREL 0.2%
HONG KONG 27.6% CONSUMER SERVICES 0.5%
TAIWAN 11.8% RETAILING 1.7%
---------------------------- ---------------------------------------------
TOTAL EQUITY* 100.0% CONSUMER STAPLES 24.5%
---------------------------- ---------------------------------------------
FOOD & STAPLES RETAILING 21.0%
FOOD BEVERAGE & TOBACCO 3.6%
---------------------------------------------
ENERGY 26.9%
---------------------------------------------
FINANCIALS 11.1%
---------------------------------------------
BANKS 8.1%
INSURANCE 0.8%
REAL ESTATE 2.2%
---------------------------------------------
HEALTH CARE 0.3%
---------------------------------------------
PHARMACEUTICALS, BIOTECHNOLOGY 0.3%
& LIFE SCIENCES
---------------------------------------------
INDUSTRIALS 5.8%
---------------------------------------------
CAPITAL GOODS 4.5%
TRANSPORTATION 1.3%
---------------------------------------------
INFORMATION TECHNOLOGY 10.4%
---------------------------------------------
SEMICONDUCTORS & SEMICONDUCTOR 4.6%
EQUIPMENT
SOFTWARE & SERVICES 0.9%
TECHNOLOGY HARDWARE & EQUIPMENT 4.9%
---------------------------------------------
MATERIALS 3.0%
---------------------------------------------
TELECOMMUNICATION SERVICES 5.2%
---------------------------------------------
UTILITIES 3.7%
---------------------------------------------
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 JUNE 30, 2012
TOTAL NET ASSETS: $1,183,922,233
NET ASSET VALUE PER SHARE: $8.89
PERCENT OF
TOTAL NET
ASSET ASSETS PORTFOLIO CHARACTERISTICS
ALLOCATION
---------------------------- ---------------------------------------------
CASH & OTHER 8.7% WEIGHTED AVG. MATURITY 3.8236 yrs.
FIXED INCOME 91.3% WEIGHTED AVG. DURATION 2.5198 yrs.
------------
100.0% WEIGHTED AVG. COUPON 5.3584%
PERCENT OF PERCENT OF
TOTAL NET TOTAL NET
NET CURRENCY ASSETS COUNTRY DISTRIBUTION ASSETS
DISTRIBUTION
---------------------------- ---------------------------------------------
ASIA 29.8% ASIA 30.8%
---------------------------- ---------------------------------------------
INDIAN RUPEE 3.7% INDONESIA 4.8%
INDO RUPIAH 4.8% MALAYSIA 4.9%
JAPANESE YEN -21.1% PHILIPPINES 0.2%
MALAYSI RINGGIT 14.3% SINGAPORE 2.1%
PHILIPPINE PESO 4.9% SOUTH KOREA 15.6%
SOUTH KOREAN WON 16.7% SRI LANKA 2.3%
SINGAPORE DOLLAR 4.2% VIETNAM 0.9%
---------------------------------------------
SRI LANKA RUPEE 2.3% AUSTRALIA/NEW ZEALAND 9.8%
---------------------------- ---------------------------------------------
AUSTRALIA/NEW ZEALAND 10.9% AUSTRALIA 9.8%
---------------------------- ---------------------------------------------
AUSTRALIAN DOLLAR 10.9% EUROPE 27.5%
---------------------------- ---------------------------------------------
EUROPE -2.8% HUNGARY 3.7%
----------------------------
BRITISH POUND 0.5% ICELAND 0.3%
EURO -34.7% IRELAND 4.4%
HUNGARY FORINT 1.0% LITHUANIA 2.4%
NORWEGIAN KRONE 6.2% POLAND 11.4%
POLAND ZLOTY 11.3% RUSSIA 0.6%
SWEDISH KRONA 12.8% SWEDEN 4.8%
---------------------------- ---------------------------------------------
LATIN AMERICA 28.1% LATIN AMERICA 19.6%
---------------------------- ---------------------------------------------
BRAZILIAN REAL 9.2% ARGENTINA 1.0%
CHILEAN PESO 7.5% BRAZIL 9.2%
MEXICAN PESO 7.6% MEXICO 5.0%
PERU NUEVO SOL 3.8% PERU 3.8%
----------------------------
MID-EAST/AFRICA 4.5% VENEZUELA 0.6%
---------------------------- ---------------------------------------------
ISRAELI SHEKEL 4.5% MID-EAST/AFRICA 2.6%
---------------------------- ---------------------------------------------
NORTH AMERICA 29.5% ISRAEL 2.6%
---------------------------- ---------------------------------------------
US DOLLAR 29.5% NORTH AMERICA -0.7%
---------------------------- ---------------------------------------------
TOTAL 100.0% UNITED STATES -0.7%
---------------------------- ---------------------------------------------
OTHER 10.5%
---------------------------------------------
SUPRANATIONAL 2.4%
CASH 6.3%
DERIVATIVES 1.8%
---------------------------------------------
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 JUNE 30, 2012
TOTAL NET ASSETS: $87,166,299
NET ASSET VALUE PER SHARE: $15.17
PERCENT OF PERCENT
TOTAL NET OF TOTAL NET
ASSET ASSETS TEN LARGEST POSITIONS ASSETS
ALLOCATION
---------------------------- ---------------------------------------------
CASH & OTHER 13.0% CHEREPOVETS MK SEVERSTAL 11.5%
EQUITY* 87.0% SBERBANK OF RUSSIA 10.6%
------------
100.0% GLOBALTRANS INVESTMENT PLC 10.4%
GAZPROM 5.1%
MHP SA 5.0%
PHOSAGRO OAO 4.7%
CTC MEDIA INC 4.7%
VEROPHARM 4.2%
MMC NORILSK NICKEL OJSC 4.2%
NORD GOLD NV 3.6%
------------
63.9%
PERCENT OF PERCENT OF
TOTAL NET TOTAL NET
INTERNATIONAL ASSETS INDUSTRY ALLOCATION ASSETS
ALLOCATION
---------------------------- ---------------------------------------------
EUROPE 100.0% CONSUMER DISCRETIONARY 5.4%
---------------------------- ---------------------------------------------
HUNGARY 2.9% MEDIA 5.4%
---------------------------------------------
KAZAKHSTAN 1.1% CONSUMER STAPLES 8.4%
---------------------------------------------
RUSSIA 89.1% FOOD & STAPLES RETAILING 1.6%
UKRAINE 6.8% FOOD BEVERAGE & TOBACCO 6.8%
---------------------------- ---------------------------------------------
TOTAL EQUITY* 100.0% ENERGY 15.5%
---------------------------- ---------------------------------------------
FINANCIALS 12.2%
---------------------------------------------
BANKS 12.2%
---------------------------------------------
HEALTH CARE 7.8%
---------------------------------------------
PHARMACEUTICALS, BIOTECHNOLOGY 7.8%
& LIFE SCIENCES
---------------------------------------------
INDUSTRIALS 11.9%
---------------------------------------------
TRANSPORTATION 11.9%
---------------------------------------------
INFORMATION TECHNOLOGY 0.8%
---------------------------------------------
SOFTWARE & SERVICES 0.8%
---------------------------------------------
MATERIALS 31.9%
---------------------------------------------
TELECOMMUNICATION SERVICES 4.0%
---------------------------------------------
UTILITIES 2.1%
---------------------------------------------
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