• Level
1
–
quoted
prices
in
active
markets
for
identical
financial
instruments
• Level
2
–
other
significant
observable
inputs
(including
quoted
prices
for
similar
financial
instruments,
interest
rates,
prepayment
speed,
credit
risk,
etc.)
• Level
3
–
significant
unobservable
inputs
(including
the
Funds'
own
assumptions
in
determining
the
fair
value
of
financial
instruments)
The
input
levels
are
not
necessarily
an
indication
of
the
risk
or
liquidity
associated
with
financial
instruments
at
that
level.
A
summary
of
inputs
used
as
of
May
31,
2023,
in
valuing
the
Funds’
assets
carried
at
fair
value,
is
as
follows:
Level
1
Level
2
Level
3
Total
Templeton
Foreign
Fund
Assets:
Investments
in
Securities:
Common
Stocks
:
China
...............................
$
40,960,707
$
132,756,187
$
—
$
173,716,894
France
...............................
—
149,390,557
—
149,390,557
Germany
.............................
—
317,595,730
—
317,595,730
Hong
Kong
...........................
—
94,259,207
—
94,259,207
India
................................
—
56,422,941
—
56,422,941
Ireland
...............................
—
43,292,070
—
43,292,070
Japan
...............................
—
267,813,736
—
267,813,736
Netherlands
...........................
—
260,231,127
—
260,231,127
Portugal
..............................
—
34,101,287
—
34,101,287
South
Korea
..........................
—
240,329,384
—
240,329,384
Spain
................................
—
20,082,709
—
20,082,709
Switzerland
...........................
—
44,571,281
—
44,571,281
Taiwan
...............................
—
74,711,215
—
74,711,215
Thailand
.............................
—
33,673,972
—
33,673,972
United
Kingdom
........................
—
560,108,963
—
560,108,963
United
States
..........................
65,026,266
—
—
65,026,266
Short
Term
Investments
...................
11,096,250
195,300,000
—
206,396,250
Total
Investments
in
Securities
...........
$117,083,223
$2,524,640,366
a
$—
$2,641,723,589
Templeton
International
Climate
Change
Fund
Assets:
Investments
in
Securities:
Common
Stocks
:
Chile
................................
—
31,460
—
31,460
Denmark
.............................
—
126,602
—
126,602
France
...............................
—
434,744
—
434,744
Germany
.............................
—
434,293
—
434,293
Hong
Kong
...........................
—
30,327
—
30,327
India
................................
—
109,678
—
109,678
Ireland
...............................
—
138,932
—
138,932
Italy
.................................
—
135,173
—
135,173
Japan
...............................
—
252,217
—
252,217
Netherlands
...........................
—
180,778
—
180,778
Norway
..............................
—
132,871
—
132,871
Singapore
............................
—
111,581
—
111,581
South
Korea
..........................
—
78,606
—
78,606
Spain
................................
—
93,562
—
93,562
Taiwan
...............................
147,688
—
—
147,688
United
Kingdom
........................
—
352,781
—
352,781