N-Q 1 nq-tit053115.htm nq-tit053115.htm - Generated by SEC Publisher for SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF

REGISTERED MANAGEMENT INVESTMENT COMPANY

 

 

Investment Company Act file number 811-04706

 

Templeton Income Trust

(Exact name of registrant as specified in charter)

 

300 S.E. 2nd Street, Fort Lauderdale, FL 33301-1923

 (Address of principal executive offices) (Zip code)

 

Craig S. Tyle, One Franklin Parkway, San Mateo, CA  94403-1906

(Name and address of agent for service)

 

Registrant's telephone number, including area code: (954) 527-7500

 

Date of fiscal year end:   8/31    

 

Date of reporting period: _05/31/15_

 

 

Item 1. Schedule of Investments.

 


 

Templeton Income Trust          
 
Statement of Investments, May 31, 2015 (unaudited)          
 
 
Templeton Constrained Bond Fund Principal Amount*       Value
Foreign Government and Agency Securities 24.0%          
Brazil 2.8%          
Letra Tesouro Nacional, Strip,          
10/01/15 30 a BRL $ 9,006
1/01/16 60 a BRL   17,435
7/01/16 10 a BRL   2,729
10/01/16 20 a BRL   5,291
bNota Do Tesouro Nacional, Index Linked, 6.00%,          
8/15/18 200 a BRL   164,028
5/15/19 20 a BRL   16,352
8/15/20 20 a BRL   16,346
8/15/22 40 a BRL   32,716
5/15/23 10 a BRL   8,203
8/15/24 8 a BRL   6,670
          278,776
Hungary 4.5%          
Government of Hungary,          
4.00%, 4/25/18 500,000   HUF   1,870
6.50%, 6/24/19 600,000   HUF   2,448
7.50%, 11/12/20 8,860,000   HUF   38,508
5.375%, 2/21/23 210,000       232,680
A, 5.50%, 12/20/18 8,120,000   HUF   31,961
A, 7.00%, 6/24/22 7,490,000   HUF   32,803
A, 6.00%, 11/24/23 11,620,000   HUF   49,349
B, 5.50%, 6/24/25 14,400,000   HUF   60,100
          449,719
Ireland 2.5%          
Government of Ireland, senior bond, 5.40%, 3/13/25 165,230   EUR   251,875
 
Mexico 2.4%          
Government of Mexico,          
8.00%, 12/17/15 31,800 c MXN   211,925
6.25%, 6/16/16 2,800 c MXN   18,704
7.25%, 12/15/16 800 c MXN   5,461
          236,090
Poland 4.5%          
Government of Poland, Strip, 7/25/15 1,700,000   PLN   453,237
 
Portugal 1.1%          
Government of Portugal,          
d 144A, 5.125%, 10/15/24 30,000       32,013
e Reg S, 3.875%, 2/15/30 60,000   EUR   72,777
e senior bond, Reg S, 4.95%, 10/25/23 500   EUR   664
e senior note, Reg S, 5.65%, 2/15/24 1,200   EUR   1,661
          107,115
Serbia 2.3%          
dGovernment of Serbia, senior note, 144A, 7.25%, 9/28/21 200,000       230,418
 
South Korea 3.9%          
Korea Monetary Stabilization Bond, senior bond, 2.80%, 8/02/15 438,000,000   KRW   393,866
 
Total Foreign Government and Agency Securities (Cost $2,622,592)         2,401,096
 
 
Short Term Investments 68.3%          
Foreign Government and Agency Securities 48.4%          
Canada 11.5%          
Government of Canada, 1.50%, 8/01/15 1,430,000   CAD   1,150,917

 

Quarterly Statement of Investments | See Notes to Statements of Investments.


 

Templeton Income Trust          
Statement of Investments, May 31, 2015 (unaudited) (continued)          
Malaysia 3.6%          
fBank of Negara Monetary Notes, 6/04/15 - 11/24/15 630,000   MYR   170,981
Government of Malaysia,          
            3.835%, 8/12/15 370,000   MYR   101,097
            3.197%, 10/15/15 250,000   MYR   68,240
fMalaysia Treasury Bills, 6/05/15 - 3/18/16 50,000   MYR   13,527
          353,845
Mexico 1.1%          
Government of Mexico, 6.00%, 6/18/15 4,800 c MXN   31,224
fMexico Treasury Bills, 6/11/15 - 4/14/16 119,760 g MXN   76,870
          108,094
New Zealand 8.8%          
fNew Zealand Treasury Bill, 8/05/15 1,250,000   NZD   881,704
Norway 9.1%          
fNorway Treasury Bill, 12/16/15 7,100,000   NOK   909,563
Philippines 0.0%          
fPhilippine Treasury Bills, 8/05/15 - 3/02/16 120,000   PHP   2,668
Singapore 3.6%          
fMonetary Authority of Singapore Treasury Bill, 7/31/15 490,000   SGD   362,998
United Kingdom 10.7%          
eUnited Kingdom Treasury Bond, Reg S, 4.75%, 9/07/15 695,000   GBP   1,074,388
Total Foreign Government and Agency Securities (Cost $5,001,814)         4,844,177
Total Investments before Money Market Funds (Cost $7,624,406)         7,245,273
  Shares        
Money Market Funds (Cost $1,995,113) 19.9%          
United States 19.9%          
h,i Institutional Fiduciary Trust Money Market Portfolio 1,995,113       1,995,113
Total Investments (Cost $9,619,519) 92.3%         9,240,386
Other Assets, less Liabilities 7.7%         768,217
Net Assets 100.0%       $ 10,008,603

 

* The principal amount is stated in U.S. dollars unless otherwise indicated.
Rounds to less than 0.1% of net assets.
a Principal amount is stated in 1,000 Brazilian Real Units.
b Redemption price at maturity is adjusted for inflation.
c Principal amount is stated in 100 Mexican Peso Units.
d Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified institutional buyers
or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by the Trust's Board of Trustees. At
May 31, 2015, the aggregate value of these securities was $262,431, representing 2.62% of net assets.
e Security was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the United States.
Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption
from registration. These securities have been deemed liquid under guidelines approved by the Trust's Board of Trustees. At May 31, 2015, the aggregate value of these
securities was $1,149,490, representing 11.49% of net assets.
f The security is traded on a discount basis with no stated coupon rate.
g Principal amount is stated in 10 Mexican Peso Units.
h Non-income producing.
i Institutional Fiduciary Trust Money Market Portfolio is an affiliated open-end management investment company.


 

Templeton Income Trust

Statement of Investments, May 31, 2015 (unaudited) (continued)

At May 31, 2015, the Fund had the following forward exchange contracts outstanding. See Note 3.              
Forward Exchange Contracts                      
 
          Contract   Settlement   Unrealized   Unrealized  
Currency Counterpartya Type Quantity   Amount*   Date   Appreciation   Depreciation  
OTC Forward Exchange Contracts                      
Indian Rupee JPHQ Buy 8,714,250 $ 136,898   6/02/15 $ - $ (288 )
Indian Rupee JPHQ Sell 8,714,250   136,373   6/02/15   -   (237 )
Euro HSBK Sell 29,682   38,656   6/08/15   6,043   -  
Chilean Peso JPHQ Buy 91,760,400   142,596   6/18/15   5,556   -  
Euro GSCO Buy 225,000   266,580   6/22/15   -   (19,319 )
Euro GSCO Sell 381,000   518,114   6/22/15   99,418   -  
Japanese Yen DBAB Sell 1,860,000   18,266   6/22/15   3,273   -  
Japanese Yen BZWS Sell 44,316,000   436,095   6/26/15   78,869   -  
Euro JPHQ Buy 385,179   516,508   6/29/15   -   (93,180 )
Euro JPHQ Sell 509,864   696,665   6/29/15   136,303   -  
Norwegian Krone DBAB Sell 2,963,500   455,489   6/30/15   74,374   -  
Malaysian Ringgit HSBK Buy 947,160   240,634 EUR 7/14/15   -   (7,061 )
Euro DBAB Sell 1,950   2,658   7/17/15   515   -  
British Pound DBAB Sell 546,400   824,518   7/23/15   -   (10,289 )
Canadian Dollar BOFA Sell 1,437,724   1,185,654   8/05/15   31,464   -  
Malaysian Ringgit HSBK Buy 180,000   55,073   8/06/15   -   (6,235 )
Malaysian Ringgit HSBK Sell 180,000   49,718   8/06/15   880   -  
New Zealand Dollar CITI Sell 1,217,041   912,393   8/07/15   54,905   -  
British Pound DBAB Sell 158,476   241,479   8/10/15   -   (612 )
Norwegian Krone DBAB Sell 2,731,850   365,035   8/12/15   14,112   -  
Norwegian Krone CITI Sell 1,565,000   206,959   8/21/15   5,971   -  
Euro JPHQ Sell 30,000   39,033   9/08/15   6,025   -  
Indian Rupee JPHQ Buy 8,714,250   134,127   9/10/15   11   -  
Euro BZWS Sell 311,000   400,518   9/28/15   58,218   -  
Japanese Yen CITI Sell 44,248,950   408,446   9/28/15   51,283   -  
Malaysian Ringgit HSBK Buy 587,160   177,170   9/28/15   -   (18,517 )
Malaysian Ringgit HSBK Sell 587,160   161,556   9/28/15   2,903   -  
Mexican Peso HSBK Buy 2,684,948   196,916   9/28/15   -   (24,046 )
Euro JPHQ Sell 70,000   89,460   9/29/15   12,414   -  
Euro CITI Sell 33,000   42,199   9/30/15   5,876   -  
South Korean Won HSBK Buy 135,606,400   128,952   9/30/15   -   (7,632 )
South Korean Won HSBK Buy 135,606,400   104,639 EUR 9/30/15   6,147   -  
South Korean Won HSBK Sell 135,606,400   124,379   9/30/15   3,058   -  
Japanese Yen JPHQ Sell 7,000,000   64,620   10/07/15   8,110   -  
Japanese Yen HSBK Sell 3,500,000   32,483   10/09/15   4,227   -  
Japanese Yen BZWS Sell 1,800,000   16,717   10/13/15   2,184   -  
Japanese Yen DBAB Sell 1,700,000   15,798   10/13/15   2,072   -  
South Korean Won JPHQ Buy 204,000,000   188,105   10/14/15   -   (5,643 )
South Korean Won JPHQ Buy 204,000,000   157,663 EUR 10/14/15   8,882   -  
South Korean Won JPHQ Sell 204,000,000   187,207   10/14/15   4,746   -  
Mexican Peso CITI Buy 1,826,220   132,000   11/13/15   -   (14,812 )
Japanese Yen BOFA Sell 1,522,950   12,831   11/18/15   527   -  

 


 

Templeton Income Trust

Statement of Investments, May 31, 2015 (unaudited) (continued)

Euro BZWS Sell 62,000 77,888 11/20/15   9,585   -  
Japanese Yen DBAB Sell 1,860,000 15,922 12/21/15   882   -  
Japanese Yen HSBK Sell 1,860,000 15,904 12/21/15   864   -  
Japanese Yen BZWS Sell 880,000 7,442 12/22/15   327   -  
Japanese Yen CITI Sell 1,380,000 11,687 12/22/15   528   -  
Japanese Yen GSCO Sell 399,000 3,370 1/08/16   142   -  
Japanese Yen BZWS Sell 1,440,000 12,256 1/15/16   604   -  
Japanese Yen JPHQ Sell 940,000 7,970 1/15/16   364   -  
Japanese Yen JPHQ Sell 2,200,000 18,859 2/08/16   1,046   -  
Japanese Yen SCNY Sell 2,230,000 19,113 2/08/16   1,057   -  
Japanese Yen BZWS Sell 2,230,000 19,113 2/09/16   1,056   -  
Japanese Yen JPHQ Sell 2,240,000 19,192 2/09/16   1,054   -  
Euro DBAB Sell 70,000 80,187 2/23/16   2,909   -  
Japanese Yen CITI Sell 1,520,700 12,861 5/18/16   510   -  
Japanese Yen BOFA Sell 1,518,375 12,767 5/19/16   434   -  
Japanese Yen BZWS Sell 1,522,500 12,798 5/19/16   433   -  
Japanese Yen HSBK Sell 1,523,700 12,871 5/19/16   495   -  
Euro BZWS Sell 241,558 263,452 5/31/16   -   (3,983 )
Totals Forward Exchange Contracts unrealized appreciation (depreciation)     $ 710,656 $ (211,854 )
Net unrealized appreciation (depreciation)       $ 498,802      

 

a May be comprised of multiple contracts with the same counterparty, currency and settlement date.

*      In U.S. dollars unless otherwise indicated.

 

Templeton Income Trust                  
Statement of Investments, May 31, 2015 (unaudited) (continued)          
 
At May 31, 2015, the Fund had the following interest rate swap contracts outstanding. See Note 3.            
 
Interest Rate Swap Contracts                  
 
  Counterparty /   Notional Expiration   Unrealized   Unrealized  
Description Exchange   Amount Date   Appreciation Depreciation  
Centrally Cleared Swaps                  
Receive Floating rate 3-month USD BBA LIBOR Pay LCH $ 240,000 10/17/17          
Fixed rate 0.926%         $ 146 $ -  
Receive Floating rate 3-month USD BBA LIBOR Pay CME   214,000 5/09/24          
Fixed rate 2.695%           -   (10,326 )
Receive Floating rate 3-month USD BBA LIBOR Pay LCH   50,000 7/07/24          
Fixed rate 2.731%           -   (2,998 )
Receive Floating rate 3-month USD BBA LIBOR Pay LCH   90,000 1/22/25          
Fixed rate 1.914%           1,657   -  
Receive Floating rate 3-month USD BBA LIBOR Pay LCH   120,000 1/23/25          
Fixed rate 1.970%           1,601   -  
Receive Floating rate 3-month USD BBA LIBOR Pay LCH   70,000 1/27/25          
Fixed rate 1.973%           931   -  
Receive Floating rate 3-month USD BBA LIBOR Pay LCH   20,000 1/29/25          
Fixed rate 1.937%           335   -  
Receive Floating rate 3-month USD BBA LIBOR Pay LCH   10,000 1/30/25          
Fixed rate 1.942%           164   -  
Receive Floating rate 3-month USD BBA LIBOR Pay LCH   20,000 2/03/25          
Fixed rate 1.817%           566   -  
Receive Floating rate 3-month USD BBA LIBOR Pay CME   102,000 5/09/44          
Fixed rate 3.388%           -   (16,179 )
Totals Interest Rate Swap Contracts         $ 5,400 $ (29,503 )
Net unrealized appreciation (depreciation)             $ (24,103 )

 

ABBREVIATIONS

Counterparty/Exchange

BOFA - Bank of America Corp.
BZWS - Barclays Bank PLC
CITI - Citibank N.A.
CME - Chicago Mercantile Exchange
DBAB - Deutsche Bank AG
GSCO - Goldman Sachs Group, Inc.
HSBK - HSBC Bank PLC
JPHQ - JPMorgan Chase Bank, N.A.
LCH - London Clearing House
SCNY - Standard Chartered Bank

 


 

Templeton Income Trust

Statement of Investments, May 31, 2015 (unaudited) (continued)

Currency

BRL - Brazilian Real
CAD - Canadian Dollar
EUR - Euro
GBP - British Pound
HUF - Hungarian Forint
KRW - South Korean Won
MXN - Mexican Peso
MYR - Malaysian Ringgit
NOK - Norwegian Krone
NZD - New Zealand Dollar
PHP - Philippine Peso
PLN - Polish Zloty
SGD - Singapore Dollar

 


 

Templeton Income Trust        
 
Statement of Investments, May 31, 2015 (unaudited)        
 
 
Templeton Emerging Markets Bond Fund Principal Amount*     Value
Foreign Government and Agency Securities 61.6%        
Brazil 5.5%        
Letra Tesouro Nacional, Strip,        
7/01/15 1,250a BRL $ 388,049
10/01/15 100a BRL   30,021
1/01/16 260a BRL   75,552
7/01/16 30a BRL   8,188
10/01/16 100a BRL   26,454
bNota Do Tesouro Nacional, Index Linked, 6.00%,        
5/15/19 90a BRL   73,585
8/15/20 20a BRL   16,346
8/15/22 60a BRL   49,075
5/15/23 313a BRL   256,744
8/15/24 10a BRL   8,337
        932,351
Ecuador 4.3%        
cGovernment of Ecuador, senior note, 144A, 7.95%, 6/20/24 770,000     733,040
 
Ethiopia 1.2%        
cFederal Democratic Republic of Ethiopia, 144A, 6.625%, 12/11/24 200,000     201,840
 
Ghana 2.1%        
Government of Ghana,        
21.00%, 10/26/15 886,000 GHS   214,076
16.90%, 3/07/16 130,000 GHS   30,566
19.24%, 5/30/16 60,000 GHS   14,275
23.00%, 2/13/17 30,000 GHS   7,397
25.48%, 4/24/17 10,000 GHS   2,553
24.44%, 5/29/17 90,000 GHS   22,688
26.00%, 6/05/17 10,000 GHS   2,580
25.40%, 7/31/17 30,000 GHS   7,681
23.00%, 8/21/17 111,000 GHS   27,347
23.47%, 5/21/18 90,000 GHS   22,328
        351,491
Hungary 7.8%        
Government of Hungary,        
4.00%, 4/25/18 4,960,000 HUF   18,547
6.50%, 6/24/19 20,820,000 HUF   84,948
7.50%, 11/12/20 13,160,000 HUF   57,198
5.375%, 2/21/23 790,000     875,320
A, 6.75%, 11/24/17 38,720,000 HUF   154,056
A, 5.50%, 12/20/18 23,830,000 HUF   93,797
A, 7.00%, 6/24/22 940,000 HUF   4,117
A, 6.00%, 11/24/23 6,340,000 HUF   26,925
        1,314,908
Indonesia 2.2%        
Government of Indonesia,        
7.875%, 4/15/19 32,000,000 IDR   2,414
8.375%, 3/15/34 1,720,000,000 IDR   130,392
FR27, 9.50%, 6/15/15 860,000,000 IDR   65,172
FR31, 11.00%, 11/15/20 7,000,000 IDR   599
senior bond, FR53, 8.25%, 7/15/21 17,000,000 IDR   1,300
senior note, FR70, 8.375%, 3/15/24 2,290,000,000 IDR   175,767
        375,644
Kenya 1.2%        
cGovernment of Kenya, senior note, 144A, 6.875%, 6/24/24 200,000     210,010
 
Mexico 8.0%        
Government of Mexico,        
6.00%, 6/18/15 76,100d MXN   495,029
8.00%, 12/17/15 6,400d MXN   42,652
6.25%, 6/16/16 103,270d MXN   689,835

 

Quarterly Statement of Investments | See Notes to Statements of Investments.


 

Templeton Income Trust        
 
Statement of Investments, May 31, 2015 (unaudited) (continued)        
 
7.25%, 12/15/16   19,100d MXN 130,379
        1,357,895
Mongolia 1.1%        
cGovernment of Mongolia, senior note, 144A, 5.125%, 12/05/22   200,000   181,620
 
Nigeria 0.0%        
Government of Nigeria, 13.05%, 8/16/16   700,000 NGN 3,488
 
Philippines 1.7%        
Government of the Philippines, senior note, 1.625%, 4/25/16   13,120,000 PHP 292,860
 
Republic of Montenegro 0.7%        
cGovernment of Montenegro, 144A, 5.375%, 5/20/19   110,000 EUR 126,203
 
Senegal 1.2%        
cGovernment of Senegal, 144A, 6.25%, 7/30/24   200,000   197,082
 
Serbia 7.1%        
       cGovernment of Serbia, senior note, 144A, 7.25%, 9/28/21   250,000   288,023
Serbia Treasury Bond, 10.00%, 9/11/21   2,130,000 RSD 20,206
Serbia Treasury Note,        
10.00%, 11/08/15   20,100,000 RSD 186,012
10.00%, 1/30/16   190,000 RSD 1,771
10.00%, 5/22/16   580,000 RSD 5,459
8.00%, 10/02/16   54,510,000 RSD 504,330
8.00%, 3/23/17   30,000 RSD 277
8.00%, 4/06/17   60,000 RSD 555
10.00%, 5/08/17   350,000 RSD 3,345
10.00%, 4/27/18   18,310,000 RSD 176,858
10.00%, 3/20/21   830,000 RSD 7,921
        1,194,757
Slovenia 1.3%        
cGovernment of Slovenia, senior note, 144A, 5.50%, 10/26/22   200,000   227,926
 
South Korea 2.6%        
Korea Monetary Stabilization Bond,        
senior bond, 1.96%, 2/02/17   286,100,000 KRW 257,812
senior note, 2.07%, 12/02/16   115,200,000 KRW 103,946
Korea Treasury Bond, senior note, 3.00%, 12/10/16   95,400,000 KRW 87,274
        449,032
Sri Lanka 0.8%        
Government of Sri Lanka,        
10.60%, 7/01/19   1,260,000 LKR 10,229
10.60%, 9/15/19   290,000 LKR 2,363
A, 7.50%, 8/15/18   190,000 LKR 1,408
C, 8.50%, 4/01/18   15,500,000 LKR 118,371
        132,371
Ukraine 4.3%        
cGovernment of Ukraine,        
senior bond, 144A, 7.80%, 11/28/22   720,000   347,400
senior note, 144A, 7.50%, 4/17/23   530,000   278,250
cKyiv Finance PLC (City of Kiev), loan participation, senior note, 144A, 9.375%, 7/11/16   200,000   95,750
        721,400
Uruguay 7.2%        
eGovernment of Uruguay,        
Index Linked, 4.25%, 4/05/27   281,955 UYU 10,272
senior bond, Index Linked, 5.00%, 9/14/18   331,348 UYU 12,586
senior bond, Index Linked, 4.375%, 12/15/28   1,946,730 UYU 71,833
senior bond, Index Linked, 4.00%, 7/10/30   297,528 UYU 10,483
Uruguay Notas del Tesoro,        
10.25%, 8/22/15   17,810,000 UYU 662,625
9.50%, 1/27/16   10,000 UYU 373
11.00%, 3/21/17   120,000 UYU 4,318
7, 13.25%, 4/08/18   320,000 UYU 12,080
e10, Index Linked, 4.25%, 1/05/17 123,316 UYU 4,588
e13, Index Linked, 4.00%, 5/25/25 92,487 UYU 3,311
e18, Index Linked, 2.25%, 8/23/17 11,221,756 UYU 391,422

 


 

Templeton Income Trust        
Statement of Investments, May 31, 2015 (unaudited) (continued)        
Uruguay Treasury Bill, Strip,        
7/02/15 30,000   UYU 1,108
11/26/15 230,000   UYU 8,093
7/28/16 120,000   UYU 3,923
4/03/17 70,000   UYU 2,071
5/19/17 410,000   UYU 11,891
        1,210,977
Zambia 1.3%        
cGovernment of Zambia International Bond, 144A, 8.50%, 4/14/24 200,000     216,537
Total Foreign Government and Agency Securities (Cost $12,471,218)       10,431,432
Quasi-Sovereign and Corporate Bonds 12.0%        
Costa Rica 3.8%        
fReventazon Finance Trust, secured bond, first lien, 144A, 8.00%, 11/15/33 600,000     638,903
Nigeria 2.8%        
cAccess Bank PLC, sub. note, 144A, 9.25% to 6/23/19, FRN thereafter, 6/24/21 200,000     192,000
cZenith Bank PLC, senior note, 144A, 6.25%, 4/22/19 300,000     290,043
        482,043
Poland 0.9%        
c,gPlay Topco SA, senior note, 144A, PIK, 7.75%, 2/28/20 140,000   EUR 159,764
Romania 0.7%        
cCable Communications Systems NV, senior secured note, 144A, 7.50%, 11/01/20 100,000   EUR 116,658
South Africa 1.6%        
c,mEdcon Holdings Pty. Ltd., senior note, 144A, 13.375%, 6/30/19 200,000   EUR 55,342
c,mEdcon Ltd., senior secured note, 144A, 9.50%, 3/01/18 230,000   EUR 209,723
        265,065
Turkey 1.3%        
cYasar Holdings SA, senior note, 144A, 8.875%, 5/06/20 200,000     212,240
Ukraine 0.9%        
hState Export-Import Bank of Ukraine (Biz Finance PLC), loan participation, Reg S, 200,000     147,125
8.75%, 1/22/18        
Total Quasi-Sovereign and Corporate Bonds (Cost $2,247,275)       2,021,798
Total Investments before Short Term Investments (Cost $14,718,493)       12,453,230
 
Short Term Investments 15.0%        
Foreign Government and Agency Securities 2.4%        
Indonesia 0.4%        
iIndonesia Treasury Bills, 1/07/16 - 2/04/16 871,000,000   IDR 63,541
Malaysia 1.5%        
Government of Malaysia,        
3.835%, 8/12/15 120,000   MYR 32,788
3.197%, 10/15/15 320,000   MYR 87,348
iMalaysia Treasury Bills, 6/05/15 - 1/22/16 470,000   MYR 127,347
        247,483
Mexico 0.3%        
iMexico Treasury Bills, 6/25/15 - 3/31/16 83,250 j MXN 53,508
Philippines 0.2%        
iPhilippine Treasury Bills, 7/08/15 - 3/02/16 1,800,000   PHP 40,260
Uruguay 0.0%        
iUruguay Treasury Bills, 1/04/16 - 4/11/16 50,000   UYU 1,721
Total Foreign Government and Agency Securities (Cost $415,913)       406,513
Total Investments before Money Market Funds (Cost $15,134,406)       12,859,743
  Shares      
Money Market Funds (Cost $2,143,233) 12.6%        
United States 12.6%        
k,lInstitutional Fiduciary Trust Money Market Portfolio 2,143,233     2,143,233

 


 

Templeton Income Trust    
 
Statement of Investments, May 31, 2015 (unaudited) (continued)    
Total Investments (Cost $17,277,639) 88.6%   15,002,976
Other Assets, less Liabilities 11.4%   1,925,782
Net Assets 100.0% $ 16,928,758

 

Rounds to less than 0.1% of net assets.
*The principal amount is stated in U.S. dollars unless otherwise indicated.
aPrincipal amount is stated in 1,000 Brazilian Real Units.
bRedemption price at maturity is adjusted for inflation.
cSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified institutional buyers
or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by the Trust's Board of Trustees. At
May 31, 2015, the aggregate value of these securities was $4,339,451, representing 25.63% of net assets.
dPrincipal amount is stated in 100 Mexican Peso Units.
ePrincipal amount of security is adjusted for inflation.
fSee Note 6 regarding restricted securities.
gIncome may be received in additional securities and/or cash.
hSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the United States.
Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption
from registration. This security has been deemed liquid under guidelines approved by the Trust's Board of Trustees.
iThe security is traded on a discount basis with no stated coupon rate.
jPrincipal amount is stated in 10 Mexican Peso Units.
kNon-income producing.
lInstitutional Fiduciary Trust Money Market Portfolio is an affiliated open-end management investment company.
mAt May 31, 2015, pursuant to the Fund's policies and the requirements of applicable securities law, the Fund may be restricted from trading these securities for a limited or
extended period of time.

At May 31, 2015, the Fund had the following forward exchange contracts outstanding. See Note 3.

Forward Exchange Contracts                    
          Contract Settlement   Unrealized   Unrealized  
Currency Counterpartya Type Quantity   Amount Date   Appreciation   Depreciation  
OTC Forward Exchange Contracts                    
Peruvian Nuevo Sol DBAB Buy 130,000 $ 45,108 6/09/15 $ - $ (3,945 )
Chilean Peso DBAB Buy 37,315,000   58,273 6/17/15   1,980   -  
Chilean Peso DBAB Buy 36,852,500   57,127 6/18/15   2,373   -  
Chilean Peso MSCO Buy 20,978,983   35,108 6/19/15   -   (1,240 )
Chilean Peso MSCO Buy 15,873,517   26,500 6/22/15   -   (882 )
Philippine Peso DBAB Buy 2,407,100   53,641 6/29/15   330   -  
Philippine Peso DBAB Buy 816,880   18,571 6/30/15   -   (257 )
Malaysian Ringgit JPHQ Buy 291,780   89,041 7/01/15   -   (9,641 )
Philippine Peso JPHQ Buy 823,000   18,814 7/01/15   -   (363 )
Malaysian Ringgit JPHQ Buy 89,250   27,249 7/02/15   -   (2,964 )
Malaysian Ringgit DBAB Buy 16,110   4,925 7/03/15   -   (542 )
Malaysian Ringgit JPHQ Buy 342,000   91,812 7/03/15   1,239   -  
Malaysian Ringgit DBAB Buy 151,500   46,354 7/07/15   -   (5,148 )
Indian Rupee JPHQ Buy 13,837,500   218,558 7/17/15   -   (3,443 )
Euro DBAB Sell 128,180   173,793 7/21/15   32,870   -  
Malaysian Ringgit HSBK Buy 356,895   109,692 7/21/15   -   (12,733 )
Euro DBAB Sell 137,450   184,403 8/13/15   33,236   -  
Chilean Peso CITI Buy 18,742,000   31,021 8/17/15   -   (937 )
Chilean Peso JPHQ Buy 18,573,000   30,768 8/17/15   -   (955 )
Philippine Peso DBAB Buy 2,407,100   53,640 9/30/15   81   -  
Malaysian Ringgit JPHQ Buy 827,050   219,144 10/01/15   4,278   -  
Euro DBAB Sell 450,800   570,172 10/02/15   73,966   -  

 


 

Templeton Income Trust                
 
Statement of Investments, May 31, 2015 (unaudited) (continued)          
South Korean Won JPHQ Buy 227,006,000 203,730 10/02/15   -   (646 )
Euro DBAB Sell 393,000 493,934 10/07/15   61,313   -  
Japanese Yen JPHQ Sell 40,000,000 369,259 10/07/15   46,341   -  
Euro DBAB Sell 155,000 168,787 10/08/15   -   (1,843 )
Japanese Yen HSBK Sell 19,800,000 183,763 10/09/15   23,913   -  
Japanese Yen BZWS Sell 10,100,000 93,799 10/13/15   12,254   -  
Japanese Yen DBAB Sell 9,900,000 91,999 10/13/15   12,068   -  
Euro DBAB Sell 100,000 127,530 10/29/15   17,406   -  
Euro DBAB Sell 118,000 150,680 10/30/15   20,731   -  
Euro DBAB Sell 59,000 74,000 11/05/15   9,018   -  
Euro BZWS Sell 100,000 125,153 11/16/15   14,994   -  
Euro CITI Sell 281,000 348,187 12/07/15   38,509   -  
Malaysian Ringgit JPHQ Buy 239,000 64,656 1/11/16   -   (572 )
Euro CITI Sell 28,594 33,537 1/20/16   1,993   -  
Euro DBAB Sell 110,000 125,505 1/29/16   4,134   -  
Euro DBAB Sell 100,000 113,630 2/03/16   3,281   -  
Japanese Yen JPHQ Sell 20,400,000 174,875 2/08/16   9,698   -  
Japanese Yen SCNY Sell 20,370,000 174,588 2/08/16   9,654   -  
Japanese Yen BZWS Sell 20,370,000 174,586 2/09/16   9,648   -  
Japanese Yen JPHQ Sell 20,420,000 174,956 2/09/16   9,612   -  
Euro BZWS Sell 367,000 400,753 4/01/16   -   (4,857 )
Japanese Yen BZWS Sell 46,442,500 390,040 4/01/16   13,396   -  
Malaysian Ringgit DBAB Buy 389,000 101,851 4/01/16   1,878   -  
Ghanaian Cedi BZWS Buy 41,344 8,759 4/08/16   -   (331 )
South Korean Won JPHQ Buy 45,013,200 40,793 5/16/16   -   (633 )
South Korean Won JPHQ Buy 44,970,700 40,879 5/18/16   -   (758 )
Euro JPHQ Sell 109,400 125,560 5/20/16   4,478   -  
South Korean Won JPHQ Buy 33,768,000 30,906 5/20/16   -   (780 )
Euro BZWS Sell 105,000 117,760 5/23/16   1,539   -  
Mexican Peso JPHQ Buy 6,083,000 385,794 5/31/16   -   (1,447 )
Totals Forward Exchange Contracts unrealized appreciation (depreciation)     $ 476,211 $ (54,917 )
Net unrealized appreciation (depreciation)         $ 421,294      
aMay be comprised of multiple contracts with the same counterparty, currency and settlement date.            

 

At May 31, 2015, the Fund had the following interest rate swap contracts outstanding. See Note 3.            
 
Interest Rate Swap Contracts                  
  Counterparty/   Notional Expiration   Unrealized   Unrealized  
Description Exchange   Amount Date   Appreciation   Depreciation  
Centrally Cleared Swap Contracts                  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 0.926% LCH $ 960,000 10/17/17 $ 583 $ -  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 3.018% CME   520,000 8/22/23   -   (42,497 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 1.914% LCH   440,000 1/22/25   8,099   -  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 1.970% LCH   550,000 1/23/25   7,338   -  

 


 

Templeton Income Trust                
Statement of Investments, May 31, 2015 (unaudited) (continued)            
Receive Floating rate 3-month USD BBA LIBOR                
Pay Fixed rate 1.973% LCH 320,000 1/27/25   4,256   -  
Receive Floating rate 3-month USD BBA LIBOR                
Pay Fixed rate 1.937% LCH 80,000 1/29/25   1,341   -  
Receive Floating rate 3-month USD BBA LIBOR                
Pay Fixed rate 1.942% LCH 70,000 1/30/25   1,151   -  
Receive Floating rate 3-month USD BBA LIBOR                
Pay Fixed rate 1.817% LCH 110,000 2/03/25   3,114   -  
Receive Floating rate 3-month USD BBA LIBOR                
Pay Fixed rate 3.848% CME 300,000 8/22/43   -   (78,483 )
Receive Floating rate 3-month USD BBA LIBOR                
Pay Fixed rate 3.849% CME 300,000 12/23/43   -   (80,806 )
Totals Interest Rate Swap Contracts       $ 25,882 $ (201,786 )
Net unrealized appreciation (depreciation)           $ (175,904 )

 

ABBREVIATIONS

Counterparty/Exchange

BZWS - Barclays Bank PLC
CITI - Citibank N.A.
CME - Chicago Mercantile Exchange
DBAB - Deutsche Bank AG
HSBK - HSBC Bank PLC
JPHQ - JPMorgan Chase Bank, N.A.
LCH - London Clearing House
MSCO - Morgan Stanley and Co. Inc.
SCNY - Standard Chartered Bank

Currency

BRL - Brazilian Real
EUR - Euro
GHS - Ghanaian Cedi
HUF - Hungarian Forint
IDR - Indonesian Rupiah
KRW - South Korean Won
LKR - Sri Lankan Rupee
MXN - Mexican Peso
MYR - Malaysian Ringgit
NGN - Nigerian Naira
PHP - Philippine Peso
RSD - Serbian Dinar
UYU - Uruguayan Peso

Selected Portfolio

FRN - Floating Rate Note
PIK - Payment-In-Kind


 

Templeton Income Trust          
 
Statement of Investments, May 31, 2015 (unaudited)          
 
 
Templeton Global Bond Fund Principal Amount*       Value
Foreign Government and Agency Securities 53.4%          
Brazil 4.2%          
Letra Tesouro Nacional, Strip,          
1/01/16 559,730 a BRL $ 162,648,520
1/01/17 988,370 a BRL   254,265,451
1/01/18 615,590 a BRL   141,618,727
Nota Do Tesouro Nacional,          
10.00%, 1/01/21 195,750 a BRL   55,949,903
10.00%, 1/01/23 744,290 a BRL   209,217,630
bIndex Linked, 6.00%, 5/15/17 4,429 a BRL   3,643,781
bIndex Linked, 6.00%, 5/15/19 458,561 a BRL   374,922,405
bIndex Linked, 6.00%, 8/15/20 39,290 a BRL   32,110,812
bIndex Linked, 6.00%, 8/15/22 1,050,004 a BRL   858,808,335
bIndex Linked, 6.00%, 5/15/23 379,926 a BRL   311,641,831
bIndex Linked, 6.00%, 8/15/24 252,192 a BRL   210,264,552
bIndex Linked, 6.00%, 8/15/50 133,230 a BRL   112,068,497
senior note, 10.00%, 1/01/19 569,840 a BRL   166,566,288
          2,893,726,732
Hungary 6.4%          
Government of Hungary,          
4.125%, 2/19/18 136,990,000       143,579,219
4.00%, 4/25/18 25,821,730,000   HUF   96,554,547
6.00%, 1/11/19 179,922,000   EUR   230,928,878
6.50%, 6/24/19 74,957,040,000   HUF   305,833,456
7.50%, 11/12/20 21,125,910,000   HUF   91,820,569
5.375%, 2/21/23 252,890,000       280,202,120
A, 6.75%, 11/24/17 110,833,790,000   HUF   440,976,451
A, 5.50%, 12/20/18 38,023,730,000   HUF   149,665,287
A, 7.00%, 6/24/22 39,464,430,000   HUF   172,838,540
A, 6.00%, 11/24/23 47,097,950,000   HUF   200,020,501
B, 6.75%, 2/24/17 45,802,050,000   HUF   176,749,552
B, 5.50%, 6/24/25 15,576,440,000   HUF   65,009,701
senior note, 6.25%, 1/29/20 390,004,000       444,255,506
senior note, 6.375%, 3/29/21 927,200,000       1,073,998,940
senior note, 5.375%, 3/25/24 83,320,000       92,648,507
csenior note, Reg S, 3.50%, 7/18/16 11,765,000   EUR   13,333,848
csenior note, Reg S, 4.375%, 7/04/17 104,973,000   EUR   123,375,791
csenior note, Reg S, 5.75%, 6/11/18 143,730,000   EUR   179,685,119
csenior note, Reg S, 3.875%, 2/24/20 41,781,000   EUR   51,158,522
          4,332,635,054
Iceland 0.3%          
dGovernment of Iceland, 144A, 5.875%, 5/11/22 173,200,000       199,447,594
 
India 2.2%          
Government of India,          
senior bond, 7.80%, 5/03/20 14,439,400,000   INR   226,160,409
senior bond, 8.28%, 9/21/27 4,362,400,000   INR   70,124,225
senior bond, 8.60%, 6/02/28 14,975,000,000   INR   248,770,496
senior note, 7.28%, 6/03/19 561,300,000   INR   8,666,451
senior note, 8.12%, 12/10/20 10,842,300,000   INR   172,128,146
senior note, 8.35%, 5/14/22 4,260,400,000   INR   68,297,466
senior note, 7.16%, 5/20/23 4,378,700,000   INR   65,744,040
senior note, 8.83%, 11/25/23 37,754,900,000   INR   625,747,904
          1,485,639,137
Indonesia 2.5%          
Government of Indonesia,          
7.875%, 4/15/19 612,998,000,000   IDR   46,239,052
8.375%, 3/15/34 2,917,910,000,000   IDR   221,204,131
FR27, 9.50%, 6/15/15 55,210,000,000   IDR   4,183,897
FR28, 10.00%, 7/15/17 104,700,000,000   IDR   8,271,488

 

Quarterly Statement of Investments | See Notes to Statements of Investments.


 

Templeton Income Trust        
 
Statement of Investments, May 31, 2015 (unaudited) (continued)        
FR30, 10.75%, 5/15/16 185,655,000,000   IDR 14,497,205
FR31, 11.00%, 11/15/20 919,348,000,000   IDR 78,643,050
FR32, 15.00%, 7/15/18 1,150,000,000   IDR 103,998
FR34, 12.80%, 6/15/21 1,522,849,000,000   IDR 141,224,600
FR35, 12.90%, 6/15/22 816,108,000,000   IDR 77,158,115
FR36, 11.50%, 9/15/19 437,062,000,000   IDR 37,263,294
FR37, 12.00%, 9/15/26 66,550,000,000   IDR 6,391,296
FR39, 11.75%, 8/15/23 556,845,000,000   IDR 51,004,106
FR40, 11.00%, 9/15/25 710,760,000,000   IDR 63,959,800
FR42, 10.25%, 7/15/27 818,390,000,000   IDR 71,183,317
FR43, 10.25%, 7/15/22 337,191,000,000   IDR 28,309,612
FR44, 10.00%, 9/15/24 197,824,000,000   IDR 16,679,807
FR46, 9.50%, 7/15/23 2,825,220,000,000   IDR 230,040,431
FR47, 10.00%, 2/15/28 1,854,867,000,000   IDR 158,499,683
FR48, 9.00%, 9/15/18 341,640,000,000   IDR 26,690,352
FR52, 10.50%, 8/15/30 896,704,000,000   IDR 80,183,989
senior bond, FR53, 8.25%, 7/15/21 128,956,000,000   IDR 9,860,492
senior note, 8.50%, 10/15/16 70,944,000,000   IDR 5,439,901
senior note, FR70, 8.375%, 3/15/24 3,894,190,000,000   IDR 298,896,217
        1,675,927,833
Ireland 1.4%        
Government of Ireland, senior bond, 5.40%, 3/13/25 612,637,230   EUR 933,898,011
 
Lithuania 0.6%        
dGovernment of Lithuania, 144A,        
7.375%, 2/11/20 259,310,000     315,515,442
6.125%, 3/09/21 101,430,000     119,592,056
        435,107,498
Malaysia 2.2%        
Government of Malaysia,        
4.72%, 9/30/15 2,501,900,000   MYR 686,239,329
senior bond, 4.262%, 9/15/16 1,021,117,000   MYR 282,349,785
senior note, 3.172%, 7/15/16 1,827,250,000   MYR 498,604,207
        1,467,193,321
Mexico 5.9%        
Government of Mexico,        
6.00%, 6/18/15 100,089,240 e MXN 651,079,060
8.00%, 12/17/15 223,461,510 e MXN 1,489,220,836
6.25%, 6/16/16 93,478,050 e MXN 624,425,723
7.25%, 12/15/16 140,065,800 e MXN 956,108,649
fMexican Udibonos, Index Linked,        
5.00%, 6/16/16 13,627,601 g MXN 92,726,023
3.50%, 12/14/17 11,546,343 g MXN 79,545,596
4.00%, 6/13/19 7,223,599 g MXN 50,792,299
2.50%, 12/10/20 5,783,619 g MXN 37,964,424
        3,981,862,610
Peru 0.1%        
Government of Peru, senior bond, 7.84%, 8/12/20 184,399,000   PEN 65,844,305
 
Philippines 0.7%        
Government of the Philippines,        
4.625%, 11/25/15 1,756,700,000   PHP 39,730,992
senior bond, 9.125%, 9/04/16 619,630,000   PHP 14,814,649
senior note, 1.625%, 4/25/16 20,605,740,000   PHP 459,953,292
        514,498,933
Poland 6.6%        
Government of Poland,        
6.25%, 10/24/15 5,168,683,000   PLN 1,406,149,368
5.00%, 4/25/16 2,472,048,000   PLN 680,046,811
4.75%, 10/25/16 3,039,400,000   PLN 845,979,257
4.75%, 4/25/17 285,830,000   PLN 80,586,902
5.75%, 9/23/22 495,970,000   PLN 158,813,480
hFRN, 2.01%, 1/25/17 2,005,988,000   PLN 535,901,863

 


 

Templeton Income Trust      
 
Statement of Investments, May 31, 2015 (unaudited) (continued)      
hFRN, 2.01%, 1/25/21 1,721,975,000 PLN 455,717,198
senior note, 6.375%, 7/15/19 297,700,000   347,674,899
      4,510,869,778
Portugal 2.4%      
Government of Portugal,      
d144A, 5.125%, 10/15/24 585,500,000   624,781,195
cReg S, 3.875%, 2/15/30 820,750,000 EUR 995,535,917
csenior bond, Reg S, 4.95%, 10/25/23 5,772,600 EUR 7,661,027
csenior note, Reg S, 5.65%, 2/15/24 14,427,600 EUR 19,969,856
      1,647,947,995
Serbia 0.8%      
dGovernment of Serbia, senior note, 144A,      
5.25%, 11/21/17 100,490,000   104,565,874
4.875%, 2/25/20 190,710,000   196,577,193
7.25%, 9/28/21 211,710,000   243,908,974
      545,052,041
Singapore 0.4%      
Government of Singapore, senior note, 1.125%, 4/01/16 328,050,000 SGD 243,750,044
 
Slovenia 1.4%      
dGovernment of Slovenia, senior note, 144A,      
5.50%, 10/26/22 397,289,000   452,762,463
5.85%, 5/10/23 408,080,000   476,731,298
      929,493,761
South Korea 11.8%      
Government of Korea, senior bond, 5.625%, 11/03/25 13,150,000   16,594,051
Korea Monetary Stabilization Bond,      
senior bond, 2.80%, 8/02/15 371,739,100,000 KRW 334,281,256
senior bond, 2.81%, 10/02/15 152,005,000,000 KRW 136,949,528
senior bond, 1.96%, 2/02/17 337,287,200,000 KRW 303,939,041
senior note, 2.76%, 6/02/15 1,835,253,600,000 KRW 1,647,297,020
senior note, 2.90%, 12/02/15 1,159,921,000,000 KRW 1,047,481,274
senior note, 2.78%, 2/02/16 805,900,480,000 KRW 728,601,004
senior note, 2.80%, 4/02/16 66,000,000,000 KRW 59,789,268
senior note, 2.79%, 6/02/16 172,039,000,000 KRW 156,115,397
senior note, 2.46%, 8/02/16 407,886,800,000 KRW 369,298,465
senior note, 2.22%, 10/02/16 216,924,000,000 KRW 196,015,108
senior note, 2.07%, 12/02/16 677,869,000,000 KRW 611,646,418
Korea Treasury Bond,      
senior bond, 5.25%, 9/10/15 26,000,000,000 KRW 23,560,022
senior bond, 4.00%, 3/10/16 798,759,900,000 KRW 729,587,373
senior bond, 5.00%, 9/10/16 175,000,000,000 KRW 163,511,828
senior note, 3.25%, 6/10/15 239,917,540,000 KRW 215,411,547
senior note, 4.00%, 9/10/15 82,830,000,000 KRW 74,808,850
senior note, 2.75%, 6/10/16 432,225,200,000 KRW 392,104,026
senior note, 3.00%, 12/10/16 914,279,640,000 KRW 836,401,300
      8,043,392,776
Sri Lanka 1.1%      
Government of Sri Lanka,      
8.00%, 1/01/17 476,700,000 LKR 3,623,400
8.25%, 3/01/17 907,610,000 LKR 6,927,333
8.00%, 6/15/17 557,250,000 LKR 4,236,389
10.60%, 7/01/19 7,357,980,000 LKR 59,734,168
10.60%, 9/15/19 18,459,660,000 LKR 150,394,570
8.00%, 11/01/19 557,250,000 LKR 4,166,650
11.20%, 7/01/22 1,288,300,000 LKR 10,975,066
A, 6.50%, 7/15/15 3,488,190,000 LKR 26,042,853
A, 11.00%, 8/01/15 15,208,000,000 LKR 114,326,707
A, 8.50%, 11/01/15 2,571,370,000 LKR 19,339,581
A, 6.40%, 8/01/16 2,094,100,000 LKR 15,618,704
A, 5.80%, 1/15/17 2,419,800,000 LKR 17,799,254
A, 7.50%, 8/15/18 1,127,970,000 LKR 8,362,593
A, 8.00%, 11/15/18 6,671,840,000 LKR 50,072,657

 


 

Templeton Income Trust      
 
Statement of Investments, May 31, 2015 (unaudited) (continued)      
A, 9.00%, 5/01/21 10,254,020,000 LKR 78,444,400
B, 11.00%, 9/01/15 3,443,800,000 LKR 25,988,354
B, 6.40%, 10/01/16 1,421,400,000 LKR 10,574,155
B, 5.80%, 7/15/17 810,400,000 LKR 5,895,479
B, 8.50%, 7/15/18 1,975,710,000 LKR 15,091,844
C, 8.50%, 4/01/18 7,340,380,000 LKR 56,057,223
D, 8.50%, 6/01/18 7,532,460,000 LKR 57,509,208
      741,180,588
iSupranational 0.3%      
Inter-American Development Bank, senior note, 7.50%, 12/05/24 2,473,000,000 MXN 184,229,625
 
Ukraine 2.1%      
dGovernment of Ukraine,      
144A, 6.875%, 9/23/15 10,500,000   5,473,125
144A, 9.25%, 7/24/17 707,200,000   342,108,000
144A, 7.75%, 9/23/20 181,290,000   86,706,475
senior bond, 144A, 6.58%, 11/21/16 135,700,000   66,238,563
senior bond, 144A, 7.80%, 11/28/22 572,565,000   276,262,612
senior note, 144A, 4.95%, 10/13/15 50,870,000 EUR 28,955,821
senior note, 144A, 6.25%, 6/17/16 349,346,000   168,341,104
senior note, 144A, 6.75%, 11/14/17 82,883,000   40,198,255
senior note, 144A, 7.95%, 2/23/21 554,350,000   267,127,406
senior note, 144A, 7.50%, 4/17/23 273,808,000   143,749,200
      1,425,160,561
Total Foreign Government and Agency Securities (Cost $39,965,989,716)     36,256,858,197
Quasi-Sovereign and Corporate Bonds 1.3%      
Hungary 0.4%      
dHungarian Development Bank, senior note, 144A, 6.25%, 10/21/20 250,000,000   281,680,000
 
India 0.7%      
Food Corp. of India, secured note, 6, 9.95%, 3/07/22 22,550,000,000 INR 386,589,368
Mahanagar Telephone Nigam Ltd.,      
8.24%, 11/19/24 3,350,000,000 INR 53,626,067
8.29%, 11/28/24 3,050,000,000 INR 49,149,096
      489,364,531
South Korea 0.0%      
The Export-Import Bank of Korea, senior note, 4.625%, 2/20/17 14,090,000 EUR 16,591,538
 
Ukraine 0.2%      
dFinancing of Infrastructure Projects State Enterprise, 144A,      
8.375%, 11/03/17 23,747,000   10,954,729
7.40%, 4/20/18 238,810,000   109,554,087
      120,508,816
Total Quasi-Sovereign and Corporate Bonds (Cost $1,013,809,059)     908,144,885
Total Investments before Short Term Investments (Cost $40,979,798,775)     37,165,003,082
 
 
Short Term Investments 34.8%      
Foreign Government and Agency Securities 12.1%      
Hungary 0.0%      
jHungary Treasury Bill, 9/16/15 4,151,970,000 HUF 14,694,934
Indonesia 0.2%      
jIndonesia Treasury Bills, 1/07/16 - 2/04/16 1,468,689,000,000 IDR 107,143,388
Malaysia 3.4%      
jBank of Negara Monetary Notes, 6/03/15 - 11/24/15 6,862,784,000 MYR 1,854,530,384
Government of Malaysia,      
3.835%, 8/12/15 771,220,000 MYR 210,723,688
3.197%, 10/15/15 660,315,000 MYR 180,240,505

 


 

Templeton Income Trust        
Statement of Investments, May 31, 2015 (unaudited) (continued)        
jMalaysia Treasury Bills, 6/05/15 - 4/29/16 212,080,000   MYR 57,201,942
        2,302,696,519
Mexico 3.2%        
jMexico Treasury Bills, 6/11/15 - 4/14/16 3,396,192,880 k MXN 2,177,750,710
Philippines 0.4%        
jPhilippine Treasury Bills, 6/03/15 - 3/02/16 12,196,040,000   PHP 271,899,845
Singapore 3.2%        
jMonetary Authority of Singapore Treasury Bills,        
7/03/15 1,839,790,000   SGD 1,363,768,646
6/26/15 - 8/21/15 1,069,080,000   SGD 792,250,440
        2,156,019,086
South Korea 1.7%        
Korea Monetary Stabilization Bond, senior note,        
2.13%, 10/08/15 223,563,600,000   KRW 200,988,304
1.92%, 3/09/16 15,612,800,000   KRW 14,039,188
1.74%, 5/09/16 232,085,700,000   KRW 208,420,501
jKorea Monetary Stabilization Bonds, 7/07/15 - 10/06/15 844,177,700,000   KRW 755,482,037
        1,178,930,030
Total Foreign Government and Agency Securities (Cost $8,542,086,294)       8,209,134,512
U.S. Government and Agency Securities (Cost $1,791,941,685) 2.6%        
United States 2.6%        
jFHLB, 6/01/15 - 6/05/15 1,791,950,000     1,791,948,458
Total Investments before Money Market Funds (Cost $51,313,826,754)       47,166,086,052
  Shares      
Money Market Funds (Cost $13,658,459,346) 20.1%        
United States 20.1%        
    l,mInstitutional Fiduciary Trust Money Market Portfolio 13,658,459,346     13,658,459,346
Total Investments (Cost $64,972,286,100) 89.5%       60,824,545,398
Other Assets, less Liabilities 10.5%       7,151,239,975
Net Assets 100.0%     $ 67,975,785,373

 

Rounds to less than 0.1% of net assets.
* The principal amount is stated in U.S. dollars unless otherwise indicated.
a Principal amount is stated in 1,000 Brazilian Real Units.
b Redemption price at maturity is adjusted for inflation.
c Security was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the United States.
Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption
from registration. These securities have been deemed liquid under guidelines approved by the Trust's Board of Trustees. At May 31, 2015, the aggregate value of these
securities was $1,390,720,080, representing 2.05% of net assets.
d Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified institutional buyers
or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by the Trust's Board of Trustees. At
May 31, 2015, the aggregate value of these securities was $4,561,231,466, representing 6.71% of net assets.
e Principal amount is stated in 100 Mexican Peso Units.
f Principal amount of security is adjusted for inflation.
g Principal amount is stated in 100 Unidad de Inversion Units.
h The coupon rate shown represents the rate at period end.
i A supranational organization is an entity formed by two or more central governments through international treaties.
j The security is traded on a discount basis with no stated coupon rate.
k Principal amount is stated in 10 Mexican Peso Units.
l Non-income producing.
m Institutional Fiduciary Trust Money Market Portfolio is an affiliated open-end management investment company.


 

Templeton Income Trust

Statement of Investments, May 31, 2015 (unaudited) (continued)

At May 31, 2015, the Fund had the following forward exchange contracts outstanding. See Note 3.            
 
Forward Exchange Contracts                    
        Contract   Settlement   Unrealized   Unrealized  
Currency Counterpartya Type Quantity Amount*   Date   Appreciation   Depreciation  
OTC Forward Exchange Contracts                    
Euro GSCO Buy 203,544,000 221,761,188   6/01/15 $ 1,860,880 $ -  
Euro GSCO Sell 203,544,000 276,959,268   6/01/15   53,337,199   -  
Chilean Peso MSCO Buy 26,179,074,000 46,103,718   6/02/15   -   (3,765,615 )
Chilean Peso MSCO Sell 26,179,074,000 42,395,262   6/02/15   57,159   -  
Indian Rupee JPHQ Buy 7,341,887,767 115,338,744   6/02/15   -   (242,891 )
Indian Rupee JPHQ Sell 7,341,887,767 114,896,522   6/02/15   -   (199,331 )
Chilean Peso JPHQ Buy 31,264,830,000 55,092,211   6/03/15   -   (4,534,459 )
Chilean Peso JPHQ Sell 31,264,830,000 50,795,825   6/03/15   238,072   -  
Indian Rupee HSBK Buy 3,044,997,250 48,475,639   6/03/15   -   (748,908 )
Chilean Peso BZWS Buy 30,271,200,000 53,266,233   6/04/15   -   (4,320,378 )
Chilean Peso MSCO Buy 24,383,100,000 39,201,125   6/04/15   224,192   -  
Chilean Peso DBAB Buy 69,519,709,800 119,341,514   6/05/15   -   (6,946,041 )
Chilean Peso MSCO Buy 12,816,000,000 22,454,665   6/05/15   -   (1,734,492 )
Euro BZWS Sell 165,594,422 225,531,323   6/05/15   43,592,910   -  
Chilean Peso DBAB Buy 38,524,135,000 62,674,146   6/08/15   -   (410,067 )
Chilean Peso MSCO Buy 31,194,000,000 51,246,652   6/08/15   -   (829,798 )
Euro DBAB Sell 196,930,000 268,559,349   6/08/15   52,184,221   -  
Euro HSBK Sell 406,025,025 528,782,631   6/08/15   82,666,160   -  
Indian Rupee JPHQ Buy 5,912,162,767 92,955,611   6/08/15   -   (371,683 )
Malaysian Ringgit DBAB Buy 28,167,000 8,523,831   6/08/15   -   (845,342 )
Malaysian Ringgit DBAB Sell 28,167,000 7,714,239   6/08/15   35,750   -  
Mexican Peso CITI Buy 1,672,699,230 125,598,765   6/08/15   -   (17,024,233 )
Polish Zloty DBAB Buy 354,200,000 83,640,314 EUR 6/08/15   2,694,676   -  
Euro GSCO Sell 102,043,700 139,172,300   6/09/15   27,051,229   -  
Hungarian Forint DBAB Buy 11,159,470,000 36,269,257 EUR 6/09/15   -   (211,499 )
Indian Rupee DBAB Buy 2,510,663,000 40,020,579   6/09/15   -   (710,803 )
Japanese Yen CITI Sell 28,538,800,000 279,430,541   6/09/15   49,437,771   -  
Japanese Yen HSBK Sell 42,738,600,000 418,419,275   6/09/15   73,991,024   -  
Mexican Peso CITI Buy 1,670,822,000 125,980,924   6/09/15   -   (17,536,338 )
Polish Zloty DBAB Buy 52,182,000 12,717,391 EUR 6/09/15   -   (37,821 )
Singapore Dollar DBAB Buy 150,355,000 119,656,997   6/09/15   -   (8,159,657 )
Singapore Dollar GSCO Buy 87,786,250 69,915,777   6/09/15   -   (4,816,955 )
Chilean Peso CITI Buy 20,803,900,000 32,948,844   6/10/15   668,133   -  
Chilean Peso MSCO Buy 24,865,500,000 39,339,166   6/10/15   840,942   -  
Japanese Yen BZWS Sell 35,594,850,000 348,601,719   6/10/15   61,740,525   -  
Japanese Yen CITI Sell 12,207,090,000 119,370,734   6/10/15   20,993,008   -  
Japanese Yen HSBK Sell 37,908,340,000 371,397,332   6/10/15   65,891,573   -  
Japanese Yen DBAB Sell 12,553,300,000 122,902,878   6/11/15   21,733,588   -  
Polish Zloty BZWS Buy 52,182,000 12,614,555 EUR 6/11/15   74,008   -  
Polish Zloty CITI Buy 61,037,800 14,589,779 EUR 6/11/15   268,516   -  
Polish Zloty DBAB Buy 52,182,000 12,619,589 EUR 6/11/15   68,477   -  
Chilean Peso DBAB Buy 42,442,897,000 69,209,779   6/12/15   -   (640,723 )
Euro GSCO Sell 104,415,800 141,660,916   6/12/15   26,929,059   -  

 


 

Templeton Income Trust              
Statement of Investments, May 31, 2015 (unaudited) (continued)        
Mexican Peso CITI Buy 3,397,747,360 254,094,179   6/12/15 - (33,612,993 )
Polish Zloty DBAB Buy 312,838,000 74,687,963 EUR 6/12/15 1,470,837 -  
Euro DBAB Sell 70,474,000 95,518,345   6/15/15 18,078,677 -  
Indian Rupee JPHQ Buy 5,912,162,767 94,058,845   6/15/15 - (1,589,796 )
Mexican Peso CITI Buy 1,460,250,600 109,324,744   6/15/15 - (14,589,706 )
Singapore Dollar JPHQ Buy 135,883,000 103,569,360   6/15/15 - (2,818,453 )
Malaysian Ringgit JPHQ Buy 140,706,364 39,657,938   6/16/15 - (1,323,970 )
Malaysian Ringgit JPHQ Sell 140,706,364 38,754,610   6/16/15 420,642 -  
Polish Zloty MSCO Buy 267,265,000 65,185,472 EUR 6/16/15 - (269,249 )
Singapore Dollar DBAB Buy 150,260,000 108,100,719   6/16/15 3,307,378 -  
Chilean Peso DBAB Buy 13,621,865,000 21,272,531   6/17/15 722,923 -  
Japanese Yen CITI Sell 4,208,470,000 41,368,203   6/17/15 7,448,503 -  
Chilean Peso DBAB Buy 13,453,500,000 20,854,906   6/18/15 866,417 -  
Chilean Peso JPHQ Buy 37,392,177,200 58,107,501   6/18/15 2,263,969 -  
Chilean Peso MSCO Buy 42,667,479,438 69,699,667   6/19/15 876,825 (1,694,984 )
Malaysian Ringgit JPHQ Buy 159,282,000 44,918,782   6/19/15 - (1,534,005 )
Malaysian Ringgit JPHQ Sell 159,282,000 43,860,007   6/19/15 475,230 -  
Chilean Peso BZWS Buy 1,883,586,000 3,114,652   6/22/15 - (74,782 )
Chilean Peso JPHQ Buy 18,232,450,000 30,216,192   6/22/15 - (791,312 )
Chilean Peso MSCO Buy 35,967,100,562 59,623,402   6/22/15 - (1,577,028 )
Euro BZWS Sell 19,959,932 27,153,990   6/22/15 5,219,239 -  
Japanese Yen DBAB Sell 24,749,910,000 243,051,262   6/22/15 43,556,184 -  
Mexican Peso CITI Buy 1,314,260,000 98,167,015   6/22/15 - (12,947,752 )
Singapore Dollar HSBK Buy 163,895,000 124,739,326   6/22/15 - (3,239,322 )
Chilean Peso DBAB Buy 20,283,160,000 31,419,967   6/23/15 1,311,084 -  
Malaysian Ringgit HSBK Buy 167,392,229 47,095,695   6/23/15 - (1,515,782 )
Indian Rupee JPHQ Buy 5,438,122,010 84,784,396   6/29/15 58,025 -  
Indian Rupee HSBK Buy 6,669,238,000 104,602,700   6/30/15 - (573,789 )
Japanese Yen BZWS Sell 11,637,164,000 114,847,045   6/30/15 21,036,218 -  
Indian Rupee DBAB Buy 7,909,375,896 123,608,141   7/06/15 - (382,011 )
Chilean Peso DBAB Buy 23,157,342,000 36,713,397   7/07/15 603,570 -  
Malaysian Ringgit HSBK Buy 497,925,000 152,303,245   7/07/15 - (16,873,518 )
Philippine Peso HSBK Buy 2,511,000,000 57,381,170   7/07/15 - (1,103,939 )
Malaysian Ringgit DBAB Buy 108,664,680 30,030,311   7/08/15 - (477,238 )
Malaysian Ringgit DBAB Sell 108,664,680 30,046,918   7/08/15 493,845 -  
Indian Rupee DBAB Buy 1,979,778,000 31,294,851   7/09/15 - (468,743 )
Chilean Peso DBAB Buy 24,066,765,000 42,240,921   7/10/15 - (3,469,771 )
Euro JPHQ Sell 117,193,824 159,691,820   7/10/15 30,869,046 -  
Mexican Peso CITI Buy 3,482,973,187 261,621,963   7/10/15 - (36,084,620 )
Chilean Peso DBAB Buy 11,693,890,000 18,943,609   7/13/15 - (110,442 )
Malaysian Ringgit DBAB Buy 1,263,085,810 320,718,536 EUR 7/13/15 - (9,184,826 )
Mexican Peso CITI Buy 2,335,652,631 157,690,771   7/13/15 - (6,481,589 )
Chilean Peso MSCO Buy 21,847,300,000 34,846,957   7/15/15 331,576 -  
Indian Rupee DBAB Buy 2,891,384,000 45,694,797   7/15/15 - (728,032 )
Malaysian Ringgit JPHQ Buy 1,281,008,255 295,907,625 EUR 7/15/15 22,894,075 -  
Euro BZWS Sell 100,903,000 137,819,372   7/16/15 26,893,622 -  
Euro GSCO Sell 91,986,000 125,594,005   7/16/15 24,470,986 -  
Euro MSCO Sell 100,845,000 137,689,729   7/16/15 26,827,741 -  
Japanese Yen HSBK Sell 12,607,090,000 108,606,909   7/16/15 6,957,953 -  
Japanese Yen SCNY Sell 10,082,050,000 86,488,492   7/16/15 5,198,531 -  

 


 

Templeton Income Trust              
Statement of Investments, May 31, 2015 (unaudited) (continued)        
Indian Rupee JPHQ Buy 7,481,629,900 118,169,683   7/17/15 - (1,861,540 )
Chilean Peso DBAB Buy 20,505,700,000 32,956,766   7/20/15 45,492 -  
Euro BZWS Sell 158,260,000 214,557,830   7/20/15 40,566,996 -  
Euro GSCO Sell 91,986,000 124,771,650   7/20/15 23,642,364 -  
Indian Rupee DBAB Buy 4,833,959,000 76,287,525   7/20/15 - (1,184,222 )
Malaysian Ringgit JPHQ Buy 1,232,791,836 290,885,886 EUR 7/20/15 15,146,042 -  
Japanese Yen DBAB Sell 25,032,090,000 215,264,995   7/21/15 13,423,299 -  
Japanese Yen HSBK Sell 10,034,848,500 86,131,603   7/21/15 5,217,430 -  
Euro DBAB Sell 87,055,000 118,037,875   7/22/15 22,326,757 -  
Euro MSCO Sell 94,240,000 127,576,458   7/22/15 23,965,916 -  
Indian Rupee DBAB Buy 725,918,000 11,425,788   7/22/15 - (151,948 )
Indian Rupee JPHQ Buy 3,511,942,000 55,303,299   7/22/15 - (761,230 )
Malaysian Ringgit DBAB Buy 193,897,100 59,614,789   7/22/15 - (6,942,249 )
Malaysian Ringgit DBAB Sell 193,897,100 53,547,943   7/22/15 875,403 -  
Euro DBAB Sell 89,314,817 120,992,996   7/23/15 22,795,841 -  
Singapore Dollar JPHQ Buy 136,940,000 102,446,323   7/23/15 - (1,004,590 )
Japanese Yen CITI Sell 14,729,205,625 145,744,252   7/24/15 26,973,768 -  
Chilean Peso JPHQ Buy 13,842,935,000 22,232,289   7/27/15 31,657 -  
Euro DBAB Sell 57,486,735 77,524,311   7/27/15 14,316,616 -  
Euro GSCO Sell 53,052,700 71,576,050   7/27/15 13,243,656 -  
Indian Rupee DBAB Buy 3,034,046,000 47,233,533   7/27/15 - (159,953 )
Indian Rupee JPHQ Buy 2,855,265,000 44,477,997   7/27/15 - (178,225 )
Japanese Yen JPHQ Sell 7,902,175,000 78,192,905   7/27/15 14,470,630 -  
Malaysian Ringgit DBAB Buy 6,261,000 1,935,933   7/27/15 - (235,820 )
Malaysian Ringgit DBAB Sell 6,261,000 1,728,603   7/27/15 28,490 -  
Chilean Peso DBAB Buy 17,914,400,000 30,831,082   7/28/15 - (2,021,690 )
Chilean Peso MSCO Buy 30,202,971,000 51,963,833   7/28/15 - (3,392,336 )
Euro BZWS Sell 69,060,000 93,157,106   7/28/15 17,223,221 -  
Euro CITI Sell 97,037,945 130,897,395   7/28/15 24,200,782 -  
Euro GSCO Sell 236,417,000 319,049,470   7/28/15 59,100,713 -  
Euro BZWS Sell 8,238,187 11,091,071   7/29/15 2,032,761 -  
Euro DBAB Sell 2,245,099 3,024,463   7/29/15 555,861 -  
Japanese Yen BZWS Sell 13,069,570,000 128,824,524   7/29/15 23,430,367 -  
Chilean Peso JPHQ Buy 23,075,040,000 39,654,649   7/30/15 - (2,553,034 )
Malaysian Ringgit JPHQ Buy 6,585,000 2,036,178   7/30/15 - (248,521 )
Mexican Peso CITI Buy 1,772,466,150 133,093,009   7/30/15 - (18,489,582 )
Chilean Peso DBAB Buy 10,855,470,000 18,666,443   7/31/15 - (1,213,919 )
Chilean Peso JPHQ Buy 24,540,000,000 42,172,195   7/31/15 - (2,718,818 )
Euro JPHQ Sell 236,418,000 317,854,544   7/31/15 57,893,000 -  
Indian Rupee DBAB Buy 4,774,662,292 74,065,388   7/31/15 - (39,616 )
Malaysian Ringgit HSBK Buy 31,057,000 9,561,295   7/31/15 - (1,130,805 )
Euro DBAB Sell 72,100,000 96,714,940   8/03/15 17,431,340 -  
Chilean Peso DBAB Buy 21,710,940,000 36,823,168   8/04/15 - (1,931,209 )
Euro BZWS Sell 21,388,935 28,689,727   8/04/15 5,169,378 -  
Euro HSBK Sell 236,418,000 317,278,866   8/04/15 57,301,736 -  
Mexican Peso CITI Buy 2,260,406,280 166,905,876   8/04/15 - (20,802,608 )
Chilean Peso BZWS Buy 36,205,800,000 58,713,695   8/05/15 - (532,296 )
Chilean Peso JPHQ Buy 13,008,500,000 22,044,569   8/05/15 - (1,140,384 )
Euro BZWS Sell 202,258,000 271,890,373   8/05/15 49,473,964 -  
Euro JPHQ Buy 254,839,100 297,369,197   8/05/15 - (17,131,098 )

 


 

Templeton Income Trust              
Statement of Investments, May 31, 2015 (unaudited) (continued)        
Euro JPHQ Sell 254,839,100 342,595,492   8/05/15 62,357,394 -  
Euro MSCO Sell 8,856,901 11,903,232   8/05/15 2,163,592 -  
Indian Rupee HSBK Buy 3,044,997,250 47,332,177   8/05/15 - (164,356 )
Chilean Peso DBAB Buy 35,759,440,000 59,013,893   8/06/15 - (1,555,164 )
Malaysian Ringgit HSBK Buy 518,518,000 158,645,821   8/06/15 - (17,960,952 )
Malaysian Ringgit JPHQ Buy 13,600,000 4,189,127   8/06/15 - (499,160 )
Singapore Dollar DBAB Buy 139,923,000 112,406,009   8/06/15 - (8,785,439 )
Japanese Yen MSCO Sell 1,969,700,000 19,250,391   8/07/15 3,364,759 -  
Mexican Peso CITI Buy 1,374,921,000 101,112,002   8/07/15 - (12,260,769 )
Euro CITI Sell 188,712,223 252,398,836   8/10/15 44,862,715 -  
Malaysian Ringgit DBAB Buy 1,282,011,906 311,110,549 EUR 8/10/15 5,581,326 -  
Malaysian Ringgit HSBK Buy 137,320,000 37,912,755   8/10/15 - (666,935 )
Mexican Peso CITI Buy 1,151,722,000 84,838,275   8/10/15 - (10,425,812 )
South Korean Won HSBK Buy 184,000,000,000 19,661,795,741 JPY 8/10/15 6,215,398 -  
Chilean Peso BZWS Buy 20,031,600,000 33,760,175   8/11/15 - (1,588,220 )
Chilean Peso MSCO Buy 27,899,910,000 45,264,873   8/11/15 - (455,938 )
Euro DBAB Sell 226,679,000 303,739,659   8/11/15 54,445,869 -  
Euro JPHQ Sell 295,609,000 395,931,304   8/11/15 70,830,663 -  
Indian Rupee HSBK Buy 4,080,336,000 62,697,234   8/11/15 441,753 -  
Japanese Yen CITI Sell 8,636,095,000 84,771,485   8/11/15 15,117,867 -  
Malaysian Ringgit DBAB Buy 200,633,268 61,275,164   8/11/15 - (6,861,026 )
Malaysian Ringgit DBAB Sell 200,633,268 55,331,844   8/11/15 917,707 -  
Malaysian Ringgit HSBK Buy 82,678,945 25,244,709   8/11/15 - (2,821,192 )
Mexican Peso MSCO Buy 1,342,789,000 98,862,004   8/11/15 - (12,110,590 )
Singapore Dollar HSBK Buy 139,904,000 103,624,917   8/11/15 - (28,647 )
Chilean Peso DBAB Buy 34,042,673,000 55,967,653   8/12/15 - (1,298,192 )
Euro BZWS Sell 28,000,000 37,576,560   8/12/15 6,782,659 -  
Euro GSCO Sell 171,944,000 230,876,087   8/12/15 41,775,137 -  
Indian Rupee DBAB Buy 4,385,197,150 67,278,985   8/12/15 565,516 -  
Indian Rupee HSBK Buy 1,292,616,000 19,828,653   8/12/15 169,738 -  
Malaysian Ringgit HSBK Buy 62,400,000 18,999,482   8/12/15 - (2,077,219 )
Malaysian Ringgit JPHQ Buy 116,351,000 35,435,054   8/12/15 - (3,881,813 )
Malaysian Ringgit JPHQ Sell 116,351,000 31,899,709   8/12/15 346,468 -  
Singapore Dollar BZWS Buy 38,999,058 28,777,345   8/12/15 100,151 -  
South Korean Won HSBK Buy 184,161,000,000 17,799,180,407 JPY 8/12/15 21,369,974 -  
Indian Rupee HSBK Buy 982,620,000 15,140,641   8/13/15 59,058 -  
Malaysian Ringgit DBAB Buy 176,076,402 53,964,816   8/13/15 - (6,218,477 )
Malaysian Ringgit DBAB Sell 176,076,402 48,552,710   8/13/15 806,371 -  
Singapore Dollar DBAB Buy 54,530,000 40,167,950   8/13/15 208,891 -  
Euro MSCO Sell 144,241,714 180,152,132   8/14/15 21,512,907 -  
Chilean Peso CITI Buy 29,155,220,000 48,256,650   8/17/15 - (1,457,918 )
Chilean Peso JPHQ Buy 32,660,995,000 54,105,848   8/17/15 - (1,679,793 )
Euro MSCO Sell 144,241,718 193,648,112   8/17/15 35,001,749 -  
Japanese Yen CITI Sell 18,760,200,000 157,414,602   8/17/15 6,094,538 -  
Mexican Peso MSCO Buy 123,499,000 9,201,511   8/17/15 - (1,226,030 )
Singapore Dollar BZWS Buy 112,084,000 82,676,108   8/17/15 310,145 -  
Singapore Dollar DBAB Buy 95,420,000 70,288,387   8/17/15 359,951 -  
Singapore Dollar HSBK Buy 84,114,500 61,936,565   8/17/15 341,256 -  
Chilean Peso MSCO Buy 9,984,130,000 16,823,877   8/18/15 - (799,273 )
Euro BZWS Sell 186,465,000 250,238,827   8/18/15 45,149,494 -  

 


 

Templeton Income Trust              
Statement of Investments, May 31, 2015 (unaudited) (continued)        
Euro JPHQ Sell 142,058,430 190,494,672   8/18/15 34,247,288 -  
Japanese Yen DBAB Sell 9,637,940,000 94,500,262   8/18/15 16,759,511 -  
Mexican Peso DBAB Buy 1,413,199,480 105,659,774   8/18/15 - (14,402,452 )
Singapore Dollar HSBK Buy 84,114,500 61,936,565   8/18/15 340,026 -  
Indian Rupee JPHQ Buy 2,855,265,000 43,969,094   8/19/15 151,285 -  
Malaysian Ringgit HSBK Buy 51,597,000 14,227,768   8/19/15 - (243,047 )
Chilean Peso JPHQ Buy 26,571,790,000 44,790,206   8/20/15 - (2,150,265 )
Euro DBAB Sell 148,587,110 199,303,605   8/20/15 35,870,549 -  
Euro JPHQ Sell 207,184,000 278,015,030   8/20/15 50,130,428 -  
Japanese Yen HSBK Sell 19,192,069,750 187,789,332   8/20/15 32,979,956 -  
Japanese Yen JPHQ Sell 4,331,618,000 42,404,068   8/20/15 7,463,852 -  
Euro JPHQ Sell 141,425,000 188,823,589   8/21/15 33,265,906 -  
Malaysian Ringgit HSBK Buy 571,500,000 177,506,523   8/21/15 - (22,633,510 )
Malaysian Ringgit JPHQ Buy 177,750,000 55,222,443   8/21/15 - (7,053,278 )
Mexican Peso HSBK Buy 1,245,700,000 93,289,897   8/21/15 - (12,865,080 )
Chilean Peso DBAB Buy 16,894,600,000 27,778,034   8/24/15 - (677,296 )
Japanese Yen BZWS Sell 4,322,430,000 42,010,613   8/24/15 7,142,755 -  
Malaysian Ringgit HSBK Buy 571,500,000 155,277,816   8/24/15 - (442,147 )
Mexican Peso HSBK Buy 543,754,960 40,599,937   8/24/15 - (5,501,140 )
Polish Zloty DBAB Buy 318,369,688 74,509,043 EUR 8/24/15 2,867,372 -  
Singapore Dollar DBAB Buy 84,117,000 61,687,445   8/24/15 583,620 -  
Japanese Yen DBAB Sell 4,271,575,000 41,307,974   8/25/15 6,849,915 -  
Japanese Yen HSBK Sell 8,572,756,000 82,948,776   8/25/15 13,793,832 -  
Mexican Peso DBAB Buy 1,242,200,000 92,660,003   8/25/15 - (12,482,721 )
Euro BZWS Sell 449,846,411 537,669,652   8/26/15 42,832,733 -  
Euro DBAB Sell 149,427,000 169,702,349   8/26/15 5,330,700 -  
Euro GSCO Sell 305,100,791 383,066,213   8/26/15 47,451,363 -  
Euro JPHQ Sell 204,801,000 232,566,896   8/26/15 7,283,124 -  
Euro SCNY Sell 211,027,544 239,560,578   8/26/15 7,427,527 -  
Indian Rupee DBAB Buy 900,181,000 13,875,622   8/26/15 17,203 -  
Japanese Yen BZWS Sell 12,841,448,000 124,353,108   8/26/15 20,762,058 -  
Japanese Yen JPHQ Sell 8,617,736,000 83,392,872   8/26/15 13,874,207 -  
Japanese Yen SCNY Sell 11,809,161,000 99,034,832   8/26/15 3,771,168 -  
Malaysian Ringgit HSBK Buy 957,079,700 259,970,039   8/26/15 - (711,497 )
Chilean Peso DBAB Buy 39,886,100,000 65,677,514   8/27/15 - (1,713,917 )
Euro HSBK Sell 195,181,803 258,410,948   8/27/15 43,705,200 -  
Euro JPHQ Sell 69,055,954 91,462,885   8/27/15 15,499,296 -  
Japanese Yen DBAB Sell 8,644,374,000 83,447,556   8/27/15 13,713,126 -  
Japanese Yen HSBK Sell 14,893,097,250 143,780,746   8/27/15 23,637,675 -  
Japanese Yen JPHQ Sell 10,357,462,000 100,117,077   8/27/15 16,563,114 -  
Malaysian Ringgit JPHQ Buy 227,033,719 70,171,762   8/27/15 - (8,676,673 )
Mexican Peso HSBK Buy 545,438,860 40,575,701   8/27/15 - (5,375,310 )
Chilean Peso CITI Buy 53,031,580,000 88,231,112   8/28/15 - (3,194,865 )
Chilean Peso JPHQ Buy 10,953,800,000 18,280,708   8/28/15 - (716,267 )
Malaysian Ringgit HSBK Buy 1,061,532,404 308,024,660   8/28/15 - (20,516,444 )
Mexican Peso CITI Buy 1,412,593,600 105,221,125   8/28/15 - (14,064,800 )
Philippine Peso JPHQ Buy 2,519,000,000 57,295,576   8/28/15 - (983,989 )
Chilean Peso DBAB Buy 15,347,561,000 24,663,829   8/31/15 - (61,085 )
Euro DBAB Sell 60,147,806 79,552,691   8/31/15 13,383,702 -  
Japanese Yen JPHQ Sell 6,909,339,000 66,797,235   8/31/15 11,055,392 -  

 


 

Templeton Income Trust              
Statement of Investments, May 31, 2015 (unaudited) (continued)        
Chilean Peso MSCO Buy 26,179,074,000 42,027,732   9/01/15 - (65,681 )
Chilean Peso JPHQ Buy 31,264,830,000 50,382,451   9/02/15 - (273,337 )
Euro DBAB Sell 88,663,500 117,167,042   9/02/15 19,624,345 -  
Mexican Peso HSBK Buy 615,247,100 45,768,800   9/04/15 - (6,086,547 )
Chilean Peso DBAB Buy 24,487,480,000 40,435,073   9/08/15 - (1,210,860 )
Euro DBAB Sell 104,415,800 137,747,412   9/08/15 22,862,854 -  
Euro JPHQ Buy 345,200,000 409,171,824   9/08/15 - (29,361,973 )
Euro JPHQ Sell 410,375,000 533,938,913   9/08/15 82,419,597 -  
Polish Zloty DBAB Buy 166,560,000 39,052,755 EUR 9/08/15 1,389,432 -  
Singapore Dollar MSCO Buy 82,778,200 60,550,216   9/08/15 713,118 -  
Chilean Peso DBAB Buy 12,019,520,000 19,713,826   9/09/15 - (462,727 )
Indian Rupee JPHQ Buy 7,341,887,767 113,004,275   9/10/15 9,007 -  
Singapore Dollar GSCO Buy 87,786,250 64,213,481   9/10/15 753,964 -  
Indian Rupee CITI Buy 3,154,839,000 48,187,552   9/11/15 366,236 -  
Mexican Peso CITI Buy 1,158,913,000 85,584,849   9/11/15 - (10,875,514 )
Singapore Dollar HSBK Buy 240,069,100 172,215,997   9/16/15 5,431,663 -  
Malaysian Ringgit HSBK Buy 418,125,000 111,369,327   9/17/15 1,704,561 -  
Japanese Yen BZWS Sell 24,270,000,000 227,643,649   9/18/15 31,779,629 -  
Singapore Dollar DBAB Buy 109,530,000 78,685,345   9/18/15 2,362,405 -  
Euro BZWS Sell 58,343,508 75,926,783   9/21/15 11,719,147 -  
Singapore Dollar HSBK Buy 217,756,000 172,548,336   9/21/15 - (11,426,288 )
Euro DBAB Sell 203,050,000 262,228,923   9/23/15 38,762,476 -  
Hungarian Forint JPHQ Buy 9,861,822,000 31,344,188 EUR 9/23/15 464,651 -  
Euro BZWS Sell 87,741,063 113,131,572   9/24/15 16,566,556 -  
Hungarian Forint JPHQ Buy 7,894,536,000 25,064,406 EUR 9/25/15 399,923 -  
Euro CITI Sell 7,237,832 9,334,632   9/28/15 1,368,348 -  
Euro DBAB Sell 176,088,661 226,772,260   9/28/15 32,961,141 -  
Indian Rupee HSBK Buy 3,869,965,050 59,572,017   9/28/15 - (188,511 )
Malaysian Ringgit DBAB Buy 210,507,000 63,516,686   9/28/15 - (6,636,669 )
Malaysian Ringgit DBAB Sell 210,507,000 57,847,486   9/28/15 967,469 -  
Malaysian Ringgit HSBK Buy 218,283,000 65,864,941   9/28/15 - (6,883,811 )
Mexican Peso HSBK Buy 1,303,182,600 95,576,282   9/28/15 - (11,671,073 )
Euro BZWS Sell 151,820,000 193,844,535   9/29/15 26,741,676 -  
Japanese Yen JPHQ Sell 8,250,436,116 75,943,594   9/29/15 9,347,706 -  
Euro HSBK Sell 135,560,000 172,735,297   9/30/15 23,526,630 -  
Indian Rupee DBAB Buy 4,138,651,600 63,318,441   9/30/15 165,881 -  
Japanese Yen JPHQ Sell 2,117,676,000 19,510,109   9/30/15 2,416,341 -  
Malaysian Ringgit HSBK Buy 315,490,600 84,606,881   9/30/15 627,267 -  
Mexican Peso HSBK Buy 603,492,100 43,690,154   9/30/15 - (4,840,093 )
Euro DBAB Buy 301,000,000 356,510,420   10/01/15 - (25,198,868 )
Euro DBAB Sell 371,450,000 473,829,049   10/01/15 64,972,982 -  
Euro DBAB Sell 3,565,000 4,513,647   10/05/15 589,366 -  
Euro DBAB Sell 67,415,000 84,729,194   10/07/15 10,517,526 -  
Euro JPHQ Sell 210,255,000 266,470,879   10/07/15 35,018,320 -  
Japanese Yen JPHQ Sell 78,253,000,000 722,390,953   10/07/15 90,657,637 -  
Euro DBAB Sell 319,800,000 405,682,290   10/09/15 53,628,272 -  
Euro GSCO Sell 102,935,000 130,403,205   10/09/15 17,086,506 -  
Japanese Yen HSBK Sell 38,917,825,000 361,194,691   10/09/15 47,001,393 -  
Euro HSBK Sell 133,988,000 145,371,620   10/13/15 - (2,140,306 )
Japanese Yen BZWS Sell 19,705,372,000 183,005,754   10/13/15 23,907,967 -  

 


 

Templeton Income Trust              
Statement of Investments, May 31, 2015 (unaudited) (continued)        
Japanese Yen DBAB Sell 19,434,250,000 180,598,922   10/13/15 23,690,128 -  
Euro JPHQ Sell 102,960,000 130,332,946   10/14/15 16,978,812 -  
Malaysian Ringgit JPHQ Buy 1,260,410,373 317,323,860 EUR 10/19/15 - (9,362,611 )
Euro HSBK Sell 137,930,000 176,605,572   10/20/15 24,735,169 -  
Malaysian Ringgit JPHQ Buy 244,314,016 73,001,469   10/20/15 - (7,096,763 )
Mexican Peso DBAB Buy 1,955,968,680 141,398,733   10/21/15 - (15,675,513 )
Japanese Yen BZWS Sell 9,218,756,500 86,634,306   10/22/15 12,191,639 -  
Mexican Peso CITI Buy 629,982,970 45,495,990   10/22/15 - (5,005,718 )
Mexican Peso DBAB Buy 1,798,400,870 129,792,211   10/22/15 - (14,205,371 )
Malaysian Ringgit HSBK Buy 190,522,200 56,979,454   10/23/15 - (5,597,000 )
Malaysian Ringgit JPHQ Buy 903,500,000 28,844,237,500 JPY 10/23/15 10,742,214 -  
Euro DBAB Sell 107,566,000 136,538,902   10/26/15 18,088,916 -  
Euro JPHQ Buy 7,387,013 8,772,078   10/26/15 - (637,616 )
Euro JPHQ Sell 7,387,013 9,383,797   10/26/15 1,249,334 -  
Malaysian Ringgit DBAB Buy 136,438,000 40,944,093   10/26/15 - (4,156,122 )
Malaysian Ringgit DBAB Sell 136,438,000 37,426,416   10/26/15 638,445 -  
Malaysian Ringgit HSBK Buy 90,961,633 27,299,410   10/26/15 - (2,773,296 )
Malaysian Ringgit JPHQ Buy 32,000,000 9,598,714   10/26/15 - (970,509 )
Singapore Dollar DBAB Buy 1,115,826,850 878,396,324   10/26/15 - (53,284,036 )
Singapore Dollar HSBK Buy 356,099,500 280,451,661   10/26/15 - (17,129,379 )
Euro BZWS Sell 280,805,419 356,614,458   10/27/15 47,390,540 -  
Euro DBAB Sell 175,760,000 223,584,296   10/28/15 30,033,378 -  
Euro GSCO Sell 139,330,000 177,227,760   10/29/15 23,791,704 -  
Euro DBAB Sell 189,168,918 241,559,250   10/30/15 33,234,836 -  
Malaysian Ringgit JPHQ Buy 115,374,900 34,548,555   10/30/15 - (3,449,287 )
Euro DBAB Sell 11,263,065 14,264,672   11/03/15 1,860,226 -  
Mexican Peso CITI Buy 1,132,383,200 82,310,245   11/03/15 - (9,593,418 )
Euro UBSW Sell 119,224,000 149,894,374   11/04/15 18,586,106 -  
Euro DBAB Sell 84,940,000 106,534,296   11/05/15 12,983,338 -  
Japanese Yen BOFA Sell 6,474,170,000 56,990,933   11/05/15 4,698,034 -  
Japanese Yen SCNY Sell 12,949,800,000 114,361,157   11/05/15 9,763,567 -  
Euro BZWS Sell 79,210,113 99,506,912   11/06/15 12,265,193 -  
Euro DBAB Sell 65,665,000 82,452,257   11/06/15 10,129,074 -  
Japanese Yen BZWS Sell 6,464,800,000 57,317,138   11/06/15 5,098,985 -  
Euro GSCO Sell 226,520,861 255,028,511   11/09/15 5,526,192 -  
Mexican Peso CITI Buy 666,525,500 44,417,266   11/09/15 - (1,634,564 )
South Korean Won JPHQ Buy 861,667,250,000 91,522,629,264 JPY 11/09/15 31,022,592 -  
Euro DBAB Sell 70,759,000 88,374,453   11/10/15 10,435,302 -  
Japanese Yen CITI Sell 9,190,446,650 80,616,185   11/10/15 6,376,831 -  
South Korean Won DBAB Buy 228,000,000,000 24,245,002,126 JPY 11/10/15 7,976,702 -  
Euro DBAB Sell 377,328,000 469,167,906   11/12/15 53,536,633 -  
Euro JPHQ Sell 101,421,123 127,085,738   11/12/15 15,369,167 -  
Euro MSCO Sell 178,075,514 222,631,603   11/12/15 26,479,310 -  
Euro UBSW Sell 96,724,000 120,567,675   11/12/15 14,025,041 -  
Japanese Yen CITI Sell 24,889,202,000 213,323,881   11/12/15 12,264,602 -  
Japanese Yen HSBK Sell 6,367,072,000 55,813,565   11/12/15 4,379,256 -  
Japanese Yen JPHQ Sell 9,028,069,000 79,324,403   11/12/15 6,394,100 -  
Mexican Peso CITI Buy 435,292,000 31,375,788   11/12/15 - (3,441,531 )
Euro BZWS Sell 131,886,000 164,618,786   11/13/15 19,342,249 -  
Euro CITI Sell 100,069,509 112,055,835   11/13/15 1,826,153 -  

 


 

Templeton Income Trust              
Statement of Investments, May 31, 2015 (unaudited) (continued)        
Euro GSCO Sell 316,018,000 353,001,587   11/13/15 4,897,915 -  
Euro SCNY Sell 39,305,000 43,943,776   11/13/15 648,094 -  
Japanese Yen GSCO Sell 16,608,958,000 138,793,134   11/13/15 4,620,692 -  
Japanese Yen SCNY Sell 12,414,879,000 103,736,549   11/13/15 3,445,210 -  
Mexican Peso CITI Buy 906,059,000 65,511,659   11/13/15 - (7,370,825 )
Euro DBAB Sell 102,118,400 127,796,072   11/16/15 15,303,567 -  
Euro GSCO Sell 305,905,000 344,782,466   11/16/15 7,800,887 -  
Euro MSCO Sell 231,893,680 290,179,336   11/16/15 34,727,811 -  
Japanese Yen CITI Sell 12,414,890,000 103,743,576   11/16/15 3,446,751 -  
Japanese Yen MSCO Sell 3,400,000,000 29,649,008   11/16/15 2,181,249 -  
Japanese Yen SCNY Sell 9,153,053,700 79,951,902   11/16/15 6,006,646 -  
Singapore Dollar DBAB Buy 95,420,000 71,086,940   11/16/15 - (553,579 )
Euro UBSW Sell 180,000,000 225,189,000   11/17/15 26,899,512 -  
South Korean Won JPHQ Buy 743,500,000,000 79,933,344,084 JPY 11/17/15 18,805,989 -  
Australian Dollar JPHQ Sell 897,312,000 721,797,773   11/18/15 42,254,177 -  
Euro DBAB Sell 69,738,000 86,986,580   11/18/15 10,161,278 -  
Euro UBSW Sell 59,525,000 74,221,723   11/18/15 8,647,343 -  
Japanese Yen BOFA Sell 42,218,712,250 355,708,720   11/18/15 14,621,949 -  
Japanese Yen DBAB Sell 10,792,263,000 93,052,794   11/18/15 5,861,642 -  
Euro DBAB Sell 126,551,139 158,514,407   11/19/15 19,099,745 -  
Japanese Yen CITI Sell 13,358,646,000 115,354,657   11/19/15 7,427,651 -  
Malaysian Ringgit DBAB Buy 79,333,360 23,213,179   11/19/15 - (1,861,254 )
Malaysian Ringgit DBAB Sell 79,333,360 21,729,214   11/19/15 377,289 -  
Euro BZWS Sell 449,792,000 565,412,556   11/20/15 69,891,952 -  
Euro DBAB Sell 133,816,000 167,960,491   11/20/15 20,539,938 -  
Japanese Yen CITI Sell 15,005,634,000 129,470,526   11/20/15 8,235,021 -  
Malaysian Ringgit HSBK Buy 218,456,900 63,747,673   11/20/15 - (4,956,234 )
Euro GSCO Sell 202,057,000 226,808,983   11/23/15 4,197,944 -  
Euro MSCO Sell 57,920,996 72,850,132   11/23/15 9,037,183 -  
Japanese Yen HSBK Sell 2,816,138,000 24,090,145   11/24/15 1,335,998 -  
South Korean Won JPHQ Buy 743,500,000,000 81,287,035,618 JPY 11/24/15 7,700,326 -  
Euro MSCO Sell 100,965,680 125,870,885   11/25/15 14,630,681 -  
Singapore Dollar BZWS Buy 128,018,000 95,603,600   11/27/15 - (992,007 )
Euro DBAB Sell 277,024,466 345,347,010   11/30/15 40,097,639 -  
Malaysian Ringgit HSBK Buy 337,619,000 91,582,531   11/30/15 - (788,260 )
Mexican Peso CITI Buy 1,775,831,900 127,308,904   11/30/15 - (13,499,384 )
Singapore Dollar DBAB Buy 265,323,000 197,472,355   11/30/15 61,546 (1,455,861 )
Euro GSCO Sell 203,544,000 222,388,104   12/01/15 - (1,899,199 )
Euro CITI Sell 72,203,000 90,112,954   12/04/15 10,546,351 -  
Euro DBAB Sell 131,065,000 163,529,801   12/04/15 19,098,172 -  
Euro CITI Sell 63,090,000 78,174,819   12/07/15 8,645,928 -  
Euro HSBK Sell 21,570,052 26,571,716   12/09/15 2,799,184 -  
Euro SCNY Sell 226,537,356 279,846,127   12/09/15 30,177,446 -  
Euro MSCO Sell 44,121,607 55,302,243   12/11/15 6,673,278 -  
Mexican Peso CITI Buy 2,030,785,800 138,007,870   12/11/15 - (7,969,686 )
Euro DBAB Sell 129,470,000 161,105,995   12/14/15 18,400,054 -  
Euro BOFA Sell 177,095,041 220,208,829   12/15/15 25,004,682 -  
Euro JPHQ Sell 127,432,000 159,077,189   12/15/15 18,614,448 -  
Malaysian Ringgit DBAB Buy 151,275,000 42,249,686   12/15/15 - (1,610,825 )
Malaysian Ringgit DBAB Sell 151,275,000 41,360,219   12/15/15 721,358 -  

 


 

Templeton Income Trust              
Statement of Investments, May 31, 2015 (unaudited) (continued)        
Polish Zloty DBAB Buy 35,195,600 8,287,167 EUR 12/15/15 211,304 -  
Euro CITI Sell 149,674,000 186,857,961   12/17/15 21,871,436 -  
Mexican Peso CITI Buy 973,603,510 64,116,135   12/18/15 - (1,806,724 )
Japanese Yen DBAB Sell 24,707,170,000 211,497,774   12/21/15 11,718,377 -  
Japanese Yen HSBK Sell 24,745,070,000 211,586,746   12/21/15 11,500,894 -  
Japanese Yen BZWS Sell 12,521,550,000 105,897,651   12/22/15 4,646,996 -  
Japanese Yen CITI Sell 19,533,646,000 165,427,219   12/22/15 7,475,971 -  
Euro BZWS Sell 57,908,589 70,580,499   1/05/16 6,720,327 -  
Japanese Yen DBAB Sell 10,434,667,000 87,609,711   1/07/16 3,196,342 -  
Japanese Yen GSCO Sell 6,380,360,000 53,881,349   1/08/16 2,264,691 -  
Euro BZWS Sell 121,560,662 144,649,895   1/11/16 10,577,737 -  
Euro UBSW Sell 23,478,000 27,908,768   1/11/16 2,014,321 -  
Malaysian Ringgit JPHQ Buy 224,973,000 60,861,085   1/11/16 - (538,072 )
Euro CITI Sell 29,000,000 34,457,800   1/13/16 2,471,573 -  
Euro SCNY Sell 49,935,936 59,311,408   1/13/16 4,233,401 -  
Japanese Yen CITI Sell 3,332,090,000 28,105,621   1/14/16 1,144,758 -  
Japanese Yen SCNY Sell 3,331,470,000 28,275,929   1/14/16 1,320,083 -  
Euro CITI Sell 192,914,073 228,689,988   1/15/16 15,901,360 -  
Euro JPHQ Sell 102,670,589 121,477,380   1/15/16 8,229,376 -  
Japanese Yen BZWS Sell 22,053,780,000 187,702,927   1/15/16 9,254,733 -  
Japanese Yen JPHQ Sell 14,336,430,000 121,561,101   1/15/16 5,557,856 -  
Malaysian Ringgit JPHQ Buy 54,220,000 14,708,914   1/15/16 - (174,735 )
Euro BZWS Sell 76,139,000 90,108,451   1/19/16 6,117,860 -  
Euro DBAB Sell 137,436,000 162,435,608   1/19/16 10,826,960 -  
Euro GSCO Sell 106,397,000 126,415,596   1/19/16 9,046,745 -  
Euro JPHQ Sell 75,805,000 89,574,978   1/19/16 5,952,830 -  
Malaysian Ringgit JPHQ Buy 25,017,400 6,730,535   1/19/16 - (26,264 )
Japanese Yen JPHQ Sell 19,676,275,000 169,347,870   1/20/16 10,115,150 -  
Euro BZWS Sell 139,061,000 162,298,093   1/21/16 8,889,989 -  
Euro CITI Sell 42,223,091 49,243,735   1/22/16 2,663,388 -  
Euro JPHQ Sell 25,614,073 29,873,693   1/22/16 1,616,349 -  
Euro JPHQ Sell 76,519,000 89,575,360   1/25/16 5,154,221 -  
Malaysian Ringgit HSBK Buy 149,324,973 40,017,412   1/25/16 - (17,449 )
Euro BZWS Sell 94,940,000 107,792,028   1/27/16 3,042,846 -  
Japanese Yen GSCO Sell 15,371,620,000 131,409,446   1/27/16 6,988,495 -  
Japanese Yen HSBK Sell 17,605,035,074 150,447,882   1/28/16 7,945,266 -  
Euro CITI Sell 81,493,700 92,847,402   1/29/16 2,929,755 -  
Japanese Yen DBAB Sell 13,902,366,365 118,584,448   1/29/16 6,049,676 -  
Mexican Peso CITI Buy 632,490,760 41,836,933   2/05/16 - (1,511,188 )
Euro CITI Sell 80,318,000 92,253,255   2/09/16 3,610,962 -  
Euro GSCO Sell 127,740,000 146,837,130   2/09/16 5,857,941 -  
Japanese Yen CITI Sell 12,481,439,000 107,006,387   2/09/16 5,942,636 -  
Mexican Peso CITI Buy 666,525,500 44,143,685   2/09/16 - (1,661,083 )
Euro HSBK Sell 73,778,000 83,792,626   2/10/16 2,366,322 -  
Euro BZWS Sell 150,959,000 171,564,904   2/11/16 4,952,780 -  
Mexican Peso MSCO Buy 1,198,560,000 79,061,379   2/11/16 - (2,680,052 )
Japanese Yen GSCO Sell 5,856,880,500 49,699,864   2/12/16 2,272,026 -  
Japanese Yen HSBK Sell 10,857,850,000 92,172,684   2/12/16 4,248,003 -  
Mexican Peso CITI Buy 1,155,788,000 75,586,162   2/12/16 - (1,936,265 )
Mexican Peso MSCO Buy 1,244,214,000 81,614,562   2/12/16 - (2,329,924 )

 


 

Templeton Income Trust              
Statement of Investments, May 31, 2015 (unaudited) (continued)        
Euro SCNY Sell 140,680,000 160,027,017   2/16/16 4,742,310 -  
Japanese Yen CITI Sell 37,564,700,000 315,964,471   2/16/16 11,739,280 -  
Euro GSCO Sell 74,206,000 85,257,500   2/17/16 3,345,959 -  
Japanese Yen GSCO Sell 20,850,739,790 176,807,569   2/17/16 7,939,013 -  
Mexican Peso MSCO Buy 1,131,302,320 73,854,441   2/17/16 - (1,792,592 )
South Korean Won JPHQ Buy 523,500,000,000 55,743,081,362 JPY 2/19/16 15,922,744 -  
Euro BZWS Sell 165,746,000 189,973,093   2/22/16 6,995,515 -  
Japanese Yen BZWS Sell 9,408,100,000 79,714,799   2/25/16 3,501,850 -  
Japanese Yen HSBK Sell 6,688,700,000 56,700,236   2/25/16 2,516,548 -  
Mexican Peso CITI Buy 645,757,100 41,801,987   2/25/16 - (693,899 )
Euro BOFA Sell 143,335,694 163,664,995   2/26/16 5,410,299 -  
Euro BZWS Sell 411,968,926 470,110,101   2/26/16 15,261,657 -  
Japanese Yen BZWS Sell 29,025,800,000 244,541,051   2/26/16 9,402,098 -  
Japanese Yen BZWS Sell 42,387,239,840 358,882,387   2/29/16 15,469,851 -  
Mexican Peso MSCO Buy 274,416,700 17,767,349   2/29/16 - (303,795 )
Japanese Yen JPHQ Sell 12,728,600,000 107,416,612   3/03/16 4,282,514 -  
Japanese Yen HSBK Sell 9,813,450,000 82,552,681   3/04/16 3,036,248 -  
Euro HSBK Sell 29,251,000 32,524,187   3/09/16 217,401 -  
Japanese Yen BZWS Sell 35,663,421,500 299,024,211   3/09/16 10,005,530 -  
Japanese Yen MSCO Sell 6,405,061,130 53,681,944   3/09/16 1,774,913 -  
Euro CITI Sell 109,690,000 120,362,837   3/10/16 - (789,735 )
Euro MSCO Sell 82,877,000 90,845,624   3/10/16 - (691,998 )
Mexican Peso CITI Buy 1,553,290,800 97,560,551   3/11/16 1,203,998 -  
Mexican Peso CITI Buy 285,979,900 17,816,397   3/14/16 363,103 -  
Mexican Peso JPHQ Buy 1,456,663,741 90,752,211   3/14/16 1,846,670 -  
Euro CITI Sell 6,192,249 6,634,995   3/16/16 - (205,530 )
Japanese Yen CITI Sell 8,267,822,900 68,829,809   3/16/16 1,812,204 -  
Mexican Peso CITI Buy 267,082,700 16,761,811   3/18/16 211,102 -  
Mexican Peso JPHQ Buy 1,108,360,000 69,642,476   3/18/16 793,002 -  
Malaysian Ringgit HSBK Buy 116,686,000 30,654,407   3/21/16 483,282 -  
Japanese Yen CITI Sell 25,386,870,000 211,071,785   3/22/16 5,251,486 -  
Japanese Yen MSCO Sell 12,384,230,000 102,949,690   3/22/16 2,546,374 -  
Euro BZWS Sell 4,383,502 4,709,678   3/23/16 - (133,720 )
Mexican Peso CITI Buy 1,615,454,200 103,034,301   3/23/16 - (413,460 )
Japanese Yen DBAB Sell 6,258,238,000 52,121,579   3/24/16 1,380,672 -  
Japanese Yen BZWS Sell 17,003,283,330 143,540,921   3/28/16 5,663,499 -  
Malaysian Ringgit HSBK Buy 145,031,000 38,380,174   3/28/16 303,402 -  
Euro BOFA Sell 856,834,289 946,305,723   3/29/16 860,112 (1,448,225 )
Euro BOFA Sell 240,642,023 266,815,452   3/30/16 872,494 -  
Euro GSCO Sell 102,050,000 112,091,720   3/31/16 - (691,012 )
Euro CITI Sell 108,189,525 120,066,787   4/08/16 471,125 -  
Malaysian Ringgit HSBK Buy 93,511,500 25,008,424   4/11/16 - (89,611 )
Euro DBAB Sell 113,621,500 123,032,769   4/13/16 - (2,585,738 )
Euro SCNY Sell 66,994,000 71,899,636   4/13/16 - (2,168,092 )
Japanese Yen CITI Sell 6,890,100,000 57,675,116   4/13/16 1,776,273 -  
Mexican Peso CITI Buy 618,239,190 39,896,180   4/13/16 - (687,211 )
Euro JPHQ Sell 214,266,000 228,968,933   4/14/16 - (7,927,735 )
Euro HSBK Sell 117,406,000 125,096,093   4/18/16 - (4,725,312 )
Japanese Yen BZWS Sell 2,679,000,000 22,623,823   4/18/16 885,912 -  
Malaysian Ringgit JPHQ Buy 19,310,000 5,183,753   4/27/16 - (43,507 )

 


 

Templeton Income Trust                
Statement of Investments, May 31, 2015 (unaudited) (continued)            
Euro BZWS Sell 41,793,000 45,678,286   4/29/16   -   (548,956 )
Euro SCNY Sell 236,418,000 260,367,143   4/29/16   -   (1,134,832 )
Euro BZWS Sell 202,926,342 228,205,384   5/05/16   3,709,500   -  
Euro BZWS Sell 78,607,000 88,071,283   5/09/16   1,098,867   -  
Euro BZWS Sell 205,897,795 236,494,207   5/18/16   8,625,165   -  
Indonesian Rupiah JPHQ Buy 1,393,097,000,000 123,468,670 AUD 5/18/16   4,021,203   -  
Japanese Yen CITI Sell 42,148,693,500 356,467,300   5/18/16   14,144,121   -  
Indonesian Rupiah JPHQ Buy 1,823,573,000,000 162,485,343 AUD 5/19/16   4,592,171   -  
Japanese Yen BOFA Sell 42,084,293,750 353,845,778   5/19/16   12,034,956   -  
Japanese Yen BZWS Sell 42,198,117,500 354,725,265   5/19/16   11,989,961   -  
Japanese Yen HSBK Sell 42,232,203,900 356,736,106   5/19/16   13,723,950   -  
Japanese Yen JPHQ Sell 9,694,306,000 81,624,919   5/20/16   2,884,801   -  
Malaysian Ringgit HSBK Buy 632,620,000 172,757,312   5/20/16   -   (4,612,551 )
Euro BZWS Sell 251,880,551 282,490,335   5/23/16   3,691,321   -  
Euro DBAB Sell 145,693,000 163,251,920   5/23/16   1,988,716   -  
Malaysian Ringgit HSBK Buy 36,030,800 9,731,479   5/23/16   -   (156,713 )
Euro JPHQ Sell 37,226,387 41,731,338   5/26/16   522,983   -  
Mexican Peso HSBK Buy 531,511,160 34,084,338   5/26/16   -   (488,384 )
Euro BZWS Sell 50,325,351 54,886,841   5/31/16   -   (829,704 )
Malaysian Ringgit HSBK Buy 148,382,600 40,103,405   5/31/16   -   (693,311 )
Mexican Peso HSBK Buy 475,193,807 30,072,702   5/31/16   -   (48,150 )
Mexican Peso JPHQ Buy 1,552,000,000 98,430,316   5/31/16   -   (369,048 )
Totals Forward Exchange Contracts unrealized appreciation (depreciation)       $ 4,609,920,754 $ (903,965,760 )
Net unrealized appreciation (depreciation)         $ 3,705,954,994      
 
a May be comprised of multiple contracts with the same counterparty, currency and settlement date.            
* In U.S. dollars unless otherwise indicated.                  

 


 

Templeton Income Trust

Statement of Investments, May 31, 2015 (unaudited) (continued)

At May 31, 2015, the Fund had the following interest rate swap contracts outstanding. See Note 3.

Interest Rate Swap Contracts

  Counterparty/   Notional Expiration   Unrealized   Unrealized  
Description Exchange   Amount Date   Appreciation   Depreciation  
Centrally Cleared Swap Contracts                  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 0.926% LCH $ 3,657,620,000 10/17/17 $ 2,222,325 $ -  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 2.184% CME   212,000,000 10/15/20   -   (5,859,227 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 2.759% CME   114,725,000 3/18/24   -   (6,580,106 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 2.788% CME   202,600,000 3/31/24   -   (11,971,385 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 2.731% LCH   690,810,000 7/07/24   -   (41,422,604 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 1.914% LCH   2,081,160,000 1/22/25   38,307,968   -  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 1.970% LCH   2,601,430,000 1/23/25   34,706,082   -  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 1.973% LCH   1,535,390,000 1/27/25   20,421,097   -  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 1.937% LCH   383,800,000 1/29/25   6,435,613   -  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 1.942% LCH   325,000,000 1/30/25   5,341,695   -  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 1.817% LCH   514,670,000 2/03/25   14,568,872   -  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 1.978% LCH   39,700,000 3/27/25   704,074   -  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 1.985% LCH   39,700,000 3/27/25   677,233   -  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 3.559% CME   54,025,000 3/18/44   -   (10,776,595 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 3.489% CME   96,470,000 3/31/44   -   (17,697,013 )
Totals Centrally Cleared Swap Contracts           123,384,959   (94,306,930 )
 
OTC Swap Contracts                  
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 3.558% JPHQ $ 101,430,000 3/04/21 $ - $ (10,943,575 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 3.523% DBAB   471,880,000 3/28/21   -   (49,065,949 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 3.963% JPHQ   332,000,000 11/23/40   -   (86,547,343 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 4.368% CITI   43,600,000 12/20/40   -   (15,619,868 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 4.215% JPHQ   234,600,000 1/11/41   -   (76,484,591 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 4.347% CITI   245,400,000 2/25/41   -   (85,482,942 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 4.349% JPHQ   245,400,000 2/25/41   -   (85,612,039 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 4.320% JPHQ   184,050,000 2/28/41   -   (63,347,573 )
Receive Floating rate 3-month USD BBA LIBOR                  
Pay Fixed rate 4.299% JPHQ   61,350,000 3/01/41   -   (20,715,914 )
Totals OTC Swap Contracts           -   (493,819,794 )
Totals Interest Rate Swap Contracts         $ 123,384,959 $ (588,126,724 )
Net unrealized appreciation (depreciation)             $ (464,741,765 )

 


 

Templeton Income Trust

Statement of Investments, May 31, 2015 (unaudited) (continued)

ABBREVIATIONS

Counterparty/Exchange

BOFA - Bank of America Corp.
BZWS - Barclays Bank PLC
CITI - Citibank N.A.
CME - Chicago Mercantile Exchange
DBAB - Deutsche Bank AG
GSCO - Goldman Sachs Group, Inc.
HSBK - HSBC Bank PLC
JPHQ - JPMorgan Chase Bank, N.A.
LCH - London Clearing House
MSCO - Morgan Stanley and Co. Inc.
SCNY - Standard Chartered Bank
UBSW - UBS AG
 
Currency  
 
AUD - Australian Dollar
BRL - Brazilian Real
EUR - Euro
HUF - Hungarian Forint
IDR - Indonesian Rupiah
INR - Indian Rupee
JPY - Japanese Yen
KRW - South Korean Won
LKR - Sri Lankan Rupee
MXN - Mexican Peso
MYR - Malaysian Ringgit
PEN - Peruvian Nuevo Sol
PHP - Philippine Peso
PLN - Polish Zloty
SGD - Singapore Dollar

 

Selected Portfolio

FHLB - Federal Home Loan Bank
FRN - Floating Rate Note

 


 

Templeton Income Trust          
 
Statement of Investments, May 31, 2015 (unaudited)          
 
 
Templeton Global Total Return Fund Shares       Value
Common Stocks 0.0%          
United Kingdom 0.0%          
aCEVA Holdings LLC 920     $ 666,674
 
United States 0.0%          
aVerso Corp. 9,431       7,639
 
Total Common Stocks (Cost $1,346,404)         674,313
Convertible Preferred Stocks 0.0%          
United Kingdom 0.0%          
aCEVA Holdings LLC, cvt. pfd., A-1 37       37,000
aCEVA Holdings LLC, cvt. pfd., A-2 1,991       1,443,171
Total Convertible Preferred Stocks (Cost $2,895,379)         1,480,171
  Principal Amount*    
Convertible Bonds (Cost $53,860,000) 0.6%          
Canada 0.6%          
B2Gold Corp., cvt., senior sub. note, 3.25%, 10/01/18 53,860,000       49,259,009
 
Foreign Government and Agency Securities 61.0%          
Bosnia & Herzegovina 0.0%          
b,cGovernment of Bosnia & Herzegovina, senior bond, B, Reg S, FRN, 0.938%, 12/11/21 204,167   DEM   98,339
 
Brazil 4.6%          
Letra Tesouro Nacional, Strip,          
10/01/15 49,090 d BRL   14,737,373
1/01/16 122,340 d BRL   35,550,033
7/01/16 14,770 d BRL   4,031,203
10/01/16 46,650 d BRL   12,341,002
Nota Do Tesouro Nacional,          
10.00%, 1/01/23 289,500 d BRL   81,377,560
e Index Linked, 6.00%, 5/15/17 5,321 d BRL   4,377,637
e Index Linked, 6.00%, 5/15/19 73,710 d BRL   60,265,767
e Index Linked, 6.00%, 8/15/20 4,190 d BRL   3,424,391
e Index Linked, 6.00%, 8/15/22 62,989 d BRL   51,519,307
e Index Linked, 6.00%, 5/15/23 143,373 d BRL   117,604,545
e Index Linked, 6.00%, 8/15/24 4,390 d BRL   3,660,153
e Index Linked, 6.00%, 8/15/50 400 d BRL   336,466
          389,225,437
Croatia 0.1%          
fGovernment of Croatia, 144A, 6.75%, 11/05/19 4,070,000       4,534,835
 
Ecuador 0.6%          
fGovernment of Ecuador, senior note, 144A, 7.95%, 6/20/24 55,320,000       52,664,640
 
Ghana 1.0%          
Government of Ghana,          
21.00%, 10/26/15 60,275,000   GHS   14,563,669
16.90%, 3/07/16 2,390,000   GHS   561,947
19.24%, 5/30/16 33,350,000   GHS   7,934,350
23.00%, 2/13/17 23,550,000   GHS   5,806,406
25.48%, 4/24/17 1,320,000   GHS   336,950
24.44%, 5/29/17 34,140,000   GHS   8,606,509
26.00%, 6/05/17 3,110,000   GHS   802,514
25.40%, 7/31/17 11,600,000   GHS   2,970,227
23.00%, 8/21/17 83,299,000   GHS   20,522,049
23.23%, 2/19/18 15,560,000   GHS   3,879,850
22.49%, 4/23/18 4,030,000   GHS   993,281
23.47%, 5/21/18 45,730,000   GHS   11,345,029

 

Quarterly Statement of Investments | See Notes to Statements of Investments.


 

Templeton Income Trust      
 
Statement of Investments, May 31, 2015 (unaudited) (continued)      
 
19.04%, 9/24/18 43,190,000 GHS 9,769,960
      88,092,741
Hungary 6.3%      
Government of Hungary,      
4.125%, 2/19/18 20,840,000   21,842,404
4.00%, 4/25/18 6,050,490,000 HUF 22,624,445
6.00%, 1/11/19 11,560,000 EUR 14,837,195
6.50%, 6/24/19 10,993,370,000 HUF 44,854,230
7.50%, 11/12/20 4,916,980,000 HUF 21,370,909
5.375%, 2/21/23 38,460,000   42,613,680
A, 6.75%, 11/24/17 13,762,060,000 HUF 54,755,363
A, 5.50%, 12/20/18 11,115,920,000 HUF 43,753,397
A, 7.00%, 6/24/22 1,899,000,000 HUF 8,316,866
A, 6.00%, 11/24/23 23,670,900,000 HUF 100,528,054
B, 6.75%, 2/24/17 15,435,430,000 HUF 59,565,136
B, 5.50%, 6/24/25 1,936,290,000 HUF 8,081,284
senior note, 6.25%, 1/29/20 21,385,000   24,359,761
senior note, 6.375%, 3/29/21 23,190,000   26,861,557
senior note, 5.375%, 3/25/24 10,000,000   11,119,600
b senior note, Reg S, 3.50%, 7/18/16 10,000 EUR 11,334
b senior note, Reg S, 4.375%, 7/04/17 19,865,000 EUR 23,347,528
b senior note, Reg S, 5.75%, 6/11/18 6,625,000 EUR 8,282,293
b senior note, Reg S, 3.875%, 2/24/20 20,000 EUR 24,489
      537,149,525
Iceland 0.1%      
fGovernment of Iceland, 144A, 5.875%, 5/11/22 10,810,000   12,448,201
 
India 2.9%      
Government of India,      
senior bond, 7.80%, 5/03/20 1,786,600,000 INR 27,983,032
senior bond, 8.28%, 9/21/27 539,800,000 INR 8,677,117
senior bond, 8.60%, 6/02/28 1,852,900,000 INR 30,781,092
senior note, 7.28%, 6/03/19 69,400,000 INR 1,071,533
senior note, 8.12%, 12/10/20 1,341,500,000 INR 21,297,133
senior note, 8.35%, 5/14/22 527,100,000 INR 8,449,816
senior note, 7.16%, 5/20/23 2,481,400,000 INR 37,257,008
senior note, 8.83%, 11/25/23 6,495,900,000 INR 107,662,736
      243,179,467
Indonesia 0.3%      
Government of Indonesia,      
7.875%, 4/15/19 14,607,000,000 IDR 1,101,821
FR31, 11.00%, 11/15/20 13,446,000,000 IDR 1,150,200
FR34, 12.80%, 6/15/21 34,970,000,000 IDR 3,243,016
FR35, 12.90%, 6/15/22 4,323,000,000 IDR 408,714
FR36, 11.50%, 9/15/19 33,165,000,000 IDR 2,827,602
FR39, 11.75%, 8/15/23 6,350,000,000 IDR 581,627
FR40, 11.00%, 9/15/25 110,250,000,000 IDR 9,921,166
FR42, 10.25%, 7/15/27 2,150,000,000 IDR 187,006
FR43, 10.25%, 7/15/22 3,593,000,000 IDR 301,658
FR44, 10.00%, 9/15/24 7,250,000,000 IDR 611,294
FR46, 9.50%, 7/15/23 7,100,000,000 IDR 578,110
FR47, 10.00%, 2/15/28 26,890,000,000 IDR 2,297,769
FR52, 10.50%, 8/15/30 24,050,000,000 IDR 2,150,570
senior bond, FR53, 8.25%, 7/15/21 10,287,000,000 IDR 786,585
senior note, 8.50%, 10/15/16 3,130,000,000 IDR 240,005
      26,387,143
Ireland 2.7%      
Government of Ireland, senior bond, 5.40%, 3/13/25 151,952,700 EUR 231,635,163
 
Kenya 0.2%      
fGovernment of Kenya, senior note, 144A, 6.875%, 6/24/24 19,920,000   20,916,996

 


 

Templeton Income Trust        
 
Statement of Investments, May 31, 2015 (unaudited) (continued)        
 
Latvia 0.6%        
fGovernment of Latvia,        
144A, 5.25%, 2/22/17 25,850,000     27,682,248
senior note, 144A, 5.25%, 6/16/21 18,000,000     20,682,990
        48,365,238
Lithuania 0.2%        
fGovernment of Lithuania, 144A, 7.375%, 2/11/20 10,320,000     12,556,860
 
Malaysia 1.8%        
Government of Malaysia,        
3.835%, 8/12/15 276,090,000   MYR 75,437,233
4.72%, 9/30/15 47,610,000   MYR 13,058,817
senior bond, 4.262%, 9/15/16 61,440,000   MYR 16,988,818
senior note, 3.172%, 7/15/16 182,080,000   MYR 49,684,419
        155,169,287
Mexico 8.0%        
Government of Mexico,        
6.00%, 6/18/15 9,826,640 g MXN 63,922,151
8.00%, 12/17/15 24,732,170 g MXN 164,823,297
6.25%, 6/16/16 15,971,530 g MXN 106,688,513
7.25%, 12/15/16 46,495,850 g MXN 317,387,145
7.75%, 12/14/17 1,335,000 g MXN 9,377,650
hMexican Udibonos, Index Linked,        
5.00%, 6/16/16 825,521 i MXN 5,617,076
3.50%, 12/14/17 833,456 i MXN 5,741,880
4.00%, 6/13/19 573,516 i MXN 4,032,646
2.50%, 12/10/20 452,169 i MXN 2,968,098
        680,558,456
Philippines 1.8%        
Government of the Philippines,        
senior bond, 7.00%, 1/27/16 471,510,000   PHP 10,844,028
senior bond, 9.125%, 9/04/16 126,690,000   PHP 3,029,014
senior note, 1.625%, 4/25/16 6,088,300,000   PHP 135,900,658
        149,773,700
Poland 2.5%        
Government of Poland,        
6.25%, 10/24/15 46,028,000   PLN 12,521,999
5.00%, 4/25/16 304,780,000   PLN 83,843,302
4.75%, 10/25/16 293,705,000   PLN 81,749,140
4.75%, 4/25/17 9,170,000   PLN 2,585,389
c FRN, 2.01%, 1/25/17 64,309,000   PLN 17,180,219
c FRN, 2.01%, 1/25/21 55,199,000   PLN 14,608,304
        212,488,353
Portugal 2.3%        
Government of Portugal,        
f144A, 5.125%, 10/15/24 179,860,000     191,926,808
b senior bond, Reg S, 4.95%, 10/25/23 1,419,700   EUR 1,884,135
b senior note, Reg S, 5.65%, 2/15/24 3,549,500   EUR 4,913,014
        198,723,957
Serbia 3.4%        
fGovernment of Serbia, senior note, 144A,        
4.875%, 2/25/20 45,960,000     47,373,959
7.25%, 9/28/21 29,790,000     34,320,761
jSerbia Treasury Bill, 7/24/15 1,329,560,000   RSD 12,008,849
Serbia Treasury Note,        
10.00%, 9/14/15 435,500,000   RSD 4,013,074
10.00%, 9/28/15 149,700,000   RSD 1,381,415
10.00%, 10/18/15 637,300,000   RSD 5,893,240
10.00%, 12/06/15 123,700,000   RSD 1,149,349
10.00%, 1/30/16 104,830,000   RSD 977,347
10.00%, 2/21/16 4,619,000,000   RSD 43,141,939

 


 

Templeton Income Trust      
 
Statement of Investments, May 31, 2015 (unaudited) (continued)      
10.00%, 5/22/16 273,340,000 RSD 2,572,456
10.00%, 6/27/16 680,370,000 RSD 6,416,883
10.00%, 8/15/16 280,100,000 RSD 2,648,436
10.00%, 10/17/16 156,810,000 RSD 1,487,260
10.00%, 12/19/16 439,100,000 RSD 4,175,749
8.00%, 1/12/17 49,570,000 RSD 458,499
8.00%, 3/23/17 570,360,000 RSD 5,272,570
8.00%, 4/06/17 827,050,000 RSD 7,644,167
10.00%, 5/08/17 149,560,000 RSD 1,429,532
10.00%, 7/10/17 3,418,090,000 RSD 32,740,688
10.00%, 11/08/17 848,160,000 RSD 8,166,408
10.00%, 3/02/18 1,570,870,000 RSD 15,149,975
10.00%, 4/27/18 331,320,000 RSD 3,200,245
10.00%, 11/21/18 140,010,000 RSD 1,353,987
10.00%, 8/21/19 2,432,950,000 RSD 23,497,834
10.00%, 3/20/21 357,280,000 RSD 3,409,487
10.00%, 9/11/21 1,505,120,000 RSD 14,278,351
      284,162,460
Singapore 0.0%      
Government of Singapore, senior note, 1.125%, 4/01/16 2,210,000 SGD 1,642,090
 
Slovenia 1.6%