Morningstar

Templeton Global Bond Fund Class R6 FBNRX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 6.95  /  +0.43 %
  • Total Assets 2.9B
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 0.560%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Large
  • Category Global Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 5.95%
  • Effective Duration 4.82 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 10:53 PM GMT+0

Morningstar’s Analysis FBNRX

Will FBNRX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FBNRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FBNRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FBNRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Not for the faint of heart.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

This team’s extensive expertise informs Templeton Global Bond’s highly flexible approach, but risk management concerns weigh on the strategy’s strengths.

by Saraja Samant
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FBNRX

More FBNRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 39.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Franklin Instl U.S. Govt Mny Mkt Fund

15.26 461M
Cash and Equivalents

FX Forward - Leg for the Currency being Paid Purchased

7.86 237M
Derivative

FX Forward - Leg for the Currency being Received Purchased

7.66 231M
Derivative

FX Forward - Leg for the Currency being Received Purchased

6.99 211M
Derivative

Morgan Stanley Capital Services Llc, IRS, 3.285%, 5/03/33 IRS RCV FIXED 3.2

6.67 201M
Government

Malaysia (Government Of) 3.899%

5.81 175M
Government

Mexico (United Mexican States) 8%

5.45 165M
Government

FX Forward - Leg for the Currency being Paid Purchased

5.40 163M
Derivative

FX Forward - Leg for the Currency being Received Purchased

5.22 158M
Derivative

Secretaria Do Tesouro Nacional 9.68486%

5.14 155M
Government

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