Templeton Global Bond Fund (TPINX)

Templeton Global Bond Fund (TPINX) Fund is a popular fixed income mutual fund. This Franklin Templeton fund invests in government and corporate bonds.

Franklin Templeton is among the top fund family in the US. One of the best taxable bond funds is Templeton Global Bond A fund. This fund has performed consistently for the past 24 years. The following is the fund's review.

Templeton Global Bond A (Ticker: TPINX)

The Templeton Global Bond fund seeks current income with capital appreciation and growth of income. The fund normally invests at least 80% of net assets in bonds including debt securities of any maturity, such as bonds, notes, bills and debentures. It may invest <25% of total assets in bonds that are issues rated in the top of four rating categories by independent rating agencies such as S&P or Moody’s Investors Service or, if unrated, determined by the fund’s investment manager to be comparable. This Templeton Global Bond fund is non-diversified.

TPINX Fund Details

    Templeton Global Bond Fund (TPINX)
  • Fund Inception Date: September 1986
  • Ticker Symbol: TPINX
  • CUSIP: 880208103
  • Beta (3yr): 0.79
  • Rank in category (YTD): 32
  • Category: World Bond
  • Yield: 2.16%
  • Expense Ratio: 0.90%
  • Sales Load: 4.25%
  • Capital Gains: N/A
  • Number of Years Up: 21 years
  • Number of Years Down: 3 years
  • Average Duration: 0.28 years
  • Average Maturity: 3.80 years
Updated May 2017
This fund is managed by Michael Hasenstab since January 2001. Another fund manager is Sonal Desai since 2011. The minimum initial investment for brokerage account is $1,000 and $250 for IRA account. There is no minimum subsequent investment for both accounts. If you are interested to invest in this fund, there is a 0.25% 12b1 fee and 4.25% sales-load fee as well. The last dividend distributed in May 2011 is 0.05%. The expense ratio of this top world bond fund is 0.91% per year. This expense ratio is lower than the average in the category which is 1.13%.

Franklin Templeton Mutual FundThe fund has returned 10.74% over the past three years and 12.04% over the past decade. The best 1-year total return was in 2003 with 21.29%, while the best 3-year total return was 18.61%. The worst 1-year total return was in 1999 with -4.83%, while the worst 3-year total return was -0.63%. This TPINX has gotten 5-stars rating from Morningstar for its 21 years in positive return and 3 years in negative return.
  • Year 2017: 3.99% (YTD)
  • Year 2016: 6.22%
  • Year 2015: -4.26%
  • Year 2014: 1.58%
  • Year 2013: 2.22%
TPINX can be purchased from 121 brokerages include JP Morgan, Vanguard, Merrill Lynch, Scottrade Load, Edward Jones, Raymond James, Royal Alliance, Mony Securities Corp, Schwab Retail, etc. The other classes of this TPINX are TGBAX (Advisor Class), TEGBX (C Class) and FGBRX (R Class).

As of April 2011, this TPINX fund has 190 holdings. The asset mix is as follow: 90.0% in bonds, 9.0% in cash and 1.0% in other. The currency distribution is 50.60% in Americas, 38.50% in Asia, 10.80% in Europe/ Africa and 0.10% in others.

Disclosure: No Position

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