N-Q 1 nq-tit113015.htm nq-tit113015.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:  11/30/15

 

 

Item 1. Schedule of Investments.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

Templeton Income Trust        
 
Statement of Investments, November 30, 2015 (unaudited)        
 
 
Templeton Emerging Markets Bond Fund Warrants     Value
Warrants 0.0%        
South Africa 0.0%        
    a,hEdcon Holdings Ltd., F wts., 2/20/49 84   $    —
    a,hEdcon Holdings Ltd., F1 wts., 2/20/49 1,503,436        —
    a,hEdcon Holdings Ltd., F2 wts., 2/20/49 121,670        —
 
Total Warrants (Cost $—)         —
  Principal Amount*  
Foreign Government and Agency Securities 63.6%        
Brazil 7.5%        
Letra Tesouro Nacional, Strip,        
1/01/16                                        260b     BRL 66,436
7/01/16                                         30b     BRL 7,148
10/01/16                                          100b    BRL 22,909
Nota Do Tesouro Nacional,        
10.00%, 1/01/17                                         2,635b   BRL 645,460
10.00%, 1/01/21                                           770b    BRL 161,217
cIndex Linked, 6.00%, 5/15/19 90 b BRL 61,259
cIndex Linked, 6.00%, 8/15/20 20 b BRL 13,391
cIndex Linked, 6.00%, 8/15/22 60 b BRL 39,299
cIndex Linked, 6.00%, 5/15/23 313 b BRL 203,807
cIndex Linked, 6.00%, 8/15/24 10 b BRL 6,562
        1,227,488
Ecuador 4.6%        
dGovernment of Ecuador, senior note, 144A, 7.95%, 6/20/24 970,000     749,053
 
Ethiopia 1.2%        
dFederal Democratic Republic of Ethiopia, 144A, 6.625%, 12/11/24 200,000     186,777
 
Ghana 2.6%        
Ghana Treasury Note, 23.95%, 11/06/17 120,000   GHS 31,874
Government of Ghana,        
16.90%, 3/07/16 130,000   GHS 33,539
19.24%, 5/30/16 60,000   GHS 15,433
23.00%, 2/13/17 30,000   GHS 7,855
25.48%, 4/24/17 10,000   GHS 2,692
24.44%, 5/29/17 90,000   GHS 24,004
26.00%, 6/05/17 10,000   GHS 2,717
25.40%, 7/31/17 30,000   GHS 8,099
23.00%, 8/21/17 111,000   GHS 29,036
23.47%, 5/21/18 90,000   GHS 23,741
24.50%, 10/22/18 885,000   GHS 238,166
        417,156
Hungary 0.6%        
Government of Hungary, A, 6.75%, 11/24/17 25,850,000   HUF 96,786
 
Indonesia 4.2%        
Government of Indonesia,        
7.875%, 4/15/19 32,000,000   IDR 2,284
8.375%, 3/15/34 1,720,000,000   IDR 119,349
FR31, 11.00%, 11/15/20 777,000,000   IDR 61,658
senior bond, FR53, 8.25%, 7/15/21 17,000,000   IDR 1,219
senior bond, FR70, 8.375%, 3/15/24 7,090,000,000   IDR 507,343
        691,853
Malaysia 0.7%        
Government of Malaysia,        
3.314%, 10/31/17 60,000   MYR 14,186
senior bond, 4.262%, 9/15/16 140,000   MYR 33,291
senior bond, 3.814%, 2/15/17 100,000   MYR 23,791
senior note, 3.172%, 7/15/16 60,000   MYR 14,137

 

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


 

Templeton Income Trust      
 
Statement of Investments, November 30, 2015 (unaudited) (continued)      
senior note, 3.394%, 3/15/17 30,000 MYR 7,104
senior note, 4.012%, 9/15/17 110,000 MYR 26,330
      118,839
Mexico 12.3%      
Government of Mexico,      
7.25%, 12/15/16           139,100e MXN 870,043
7.75%, 12/14/17           170,950e MXN 1,104,151
senior note, M, 5.00%, 6/15/17 6,400 MXN 39,231
      2,013,425
Mongolia 1.0%      
dGovernment of Mongolia, senior note, 144A, 5.125%, 12/05/22 200,000   162,689
 
Philippines 1.7%      
Government of the Philippines, senior note, 1.625%, 4/25/16 13,400,000 PHP 283,322
 
Republic of Montenegro 0.7%      
dGovernment of Montenegro, 144A, 5.375%, 5/20/19 110,000 EUR 119,691
 
Senegal 1.1%      
dGovernment of Senegal, 144A, 6.25%, 7/30/24 200,000   185,804
 
Serbia 6.4%      
dGovernment of Serbia, senior note, 144A, 7.25%, 9/28/21 250,000   286,218
Serbia Treasury Bonds, 8.00%, 10/22/20 4,210,000 RSD 39,266
Serbia Treasury Note,      
10.00%, 1/30/16 190,000 RSD 1,675
10.00%, 5/22/16 580,000 RSD 5,213
8.00%, 10/02/16 54,510,000 RSD 491,918
8.00%, 3/23/17 30,000 RSD 274
8.00%, 4/06/17 60,000 RSD 549
10.00%, 5/08/17 350,000 RSD 3,288
10.00%, 4/27/18 18,310,000 RSD 177,830
10.00%, 3/20/21 830,000 RSD 8,295
10.00%, 9/11/21 2,130,000 RSD 21,122
      1,035,648
South Korea 2.6%      
Korea Monetary Stabilization Bond, senior note,      
2.07%, 12/02/16 115,200,000 KRW 99,674
1.96%, 2/02/17 286,100,000 KRW 247,334
Korea Treasury Bond, senior note, 3.00%, 12/10/16 95,400,000 KRW 83,324
      430,332
Sri Lanka 0.8%      
Government of Sri Lanka,      
10.60%, 7/01/19 1,260,000 LKR 9,322
10.60%, 9/15/19 290,000 LKR 2,150
A, 7.50%, 8/15/18 190,000 LKR 1,308
C, 8.50%, 4/01/18 15,500,000 LKR 109,738
      122,518
Ukraine 7.7%      
dGovernment of Ukraine, 144A,      
7.75%, 9/01/24 114,000   107,780
7.75%, 9/01/20 253,000   245,731
7.75%, 9/01/21 220,000   211,448
7.75%, 9/01/22 220,000   210,098
7.75%, 9/01/23 220,000   209,245
mGDP Linked Securities, 5/31/40 250,000   117,500
dKyiv Finance PLC, (City of Kiev), loan participation, senior note, 144A, 9.375%, 7/11/16 200,000   160,135
      1,261,937
Uruguay 3.4%      
gGovernment of Uruguay,      
Index Linked, 4.25%, 4/05/27 295,208 UYU 9,057
senior bond, Index Linked, 5.00%, 9/14/18 346,922 UYU 11,838
senior bond, Index Linked, 4.375%, 12/15/28 2,038,228 UYU 62,185

 


 

Templeton Income Trust        
 
Statement of Investments, November 30, 2015 (unaudited) (continued)        
senior bond, Index Linked, 4.00%, 7/10/30   311,512 UYU 9,162
Uruguay Notas del Tesoro,        
           9.50%, 1/27/16   10,000 UYU 335
          11.00%, 3/21/17   120,000 UYU 3,869
           7, 13.25%, 4/08/18   750,000 UYU 24,410
        g10, Index Linked, 4.25%, 1/05/17 129,112 UYU 4,340
        g13, Index Linked, 4.00%, 5/25/25 96,834 UYU 3,016
          g18, Index Linked, 2.25%, 8/23/17 11,749,192 UYU 380,305
Uruguay Treasury Bill, Strip,        
           7/28/16   120,000 UYU 3,731
          4/03/17   70,000 UYU 1,960
          5/19/17   1,510,000 UYU 41,478
        555,686
Zambia 4.5%        
  dGovernment of Zambia International Bond,        
              144A, 5.375%, 9/20/22   210,000   162,256
               144A, 8.50%, 4/14/24   200,000   173,953
senior bond, 144A, 8.97%, 7/30/27   460,000   399,570
        735,779
Total Foreign Government and Agency Securities (Cost $11,560,151)       10,394,783
Quasi-Sovereign and Corporate Bonds 12.8%        
Bermuda 1.2%        
dDigicel Group Ltd., senior note, 144A, 7.125%, 4/01/22   230,000   186,588
Costa Rica 3.5%        
hReventazon Finance Trust, secured bond, first lien, 144A, 8.00%, 11/15/33   600,000   576,411
Nigeria 2.8%        
        d,fAccess Bank PLC, sub. note, 144A, 9.25% to 6/23/19, FRN thereafter, 6/24/21   200,000   179,375
        dZenith Bank PLC, senior note, 144A, 6.25%, 4/22/19   300,000   277,414
        456,789
Poland 0.9%        
         d,iPlay Topco SA, senior note, 144A, PIK, 7.75%, 2/28/20   140,000 EUR 152,561
Romania 0.7%        
dCable Communications Systems NV, senior secured note, 144A, 7.50%, 11/01/20   100,000 EUR 113,590
South Africa 1.3%        
dEdcon Ltd., senior secured note, 144A,        
9.50%, 3/01/18   230,000 EUR 154,931
iPIK, 8.00%, 6/30/19   10,668 EUR 9,818
iPIK, 8.00%, 6/30/19   21,337 EUR 20,074
       iPIK, 12.75%, 6/30/19   32,006 EUR 30,112
        214,935
Turkey 1.3%        
        dYasar Holdings SA, senior note, 144A, 8.875%, 5/06/20   200,000   206,750
Ukraine 1.1%        
dUkreiximbank, (BIZ Finance PLC), loan participation, senior bond, 144A, 9.75%,   200,000   183,370
           1/22/25        
 
Total Quasi-Sovereign and Corporate Bonds (Cost $2,468,494)       2,090,994
       Total Investments before Short Term Investments (Cost $14,028,645)       12,485,777
 
Short Term Investments 17.6%        
         Foreign Government and Agency Securities 2.3%        
Indonesia 0.4%        
jIndonesia Treasury Bill, 1/07/16 - 2/04/16   871,000,000 IDR 62,534
Malaysia 1.2%        
       jBank of Negara Monetary Note, 3/01/16 - 10/18/16   640,000 MYR 147,421

 


 

Templeton Income Trust        
Statement of Investments, November 30, 2015 (unaudited) (continued)        
jMalaysia Treasury Bill, 12/04/15 - 5/27/16 230,000   MYR 53,926
        201,347
Mexico 0.5%        
jMexico Treasury Bill, 12/10/15 - 10/13/16 129,790 k MXN 77,228
Philippines 0.2%        
Government of the Philippines, senior note, 7.00%, 1/27/16 130,000   PHP 2,772
jPhilippine Treasury Bill, 2/03/16 - 9/07/16 1,400,000   PHP 29,263
        32,035
Uruguay 0.0%        
jUruguay Treasury Bill, 1/04/16 - 4/11/16 50,000   UYU 1,634
Total Foreign Government and Agency Securities (Cost $386,490)       374,778
Total Investments before Money Market Funds (Cost $14,415,134)       12,860,555
  Shares      
Money Market Funds (Cost $2,496,329) 15.3%        
United States 15.3%        
    a,lInstitutional Fiduciary Trust Money Market Portfolio 2,496,329     2,496,329
Total Investments (Cost $16,911,464) 94.0%       15,356,884
Other Assets, less Liabilities 6.0%       979,322
Net Assets 100.0%     $ 16,336,206

 

Rounds to less than 0.1% of net assets.
* The principal amount is stated in U.S. dollars unless otherwise indicated.
a Non-income producing.
b Principal amount is stated in 1,000 Brazilian Real Units.
c Redemption price at maturity is adjusted for inflation.
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
November 30, 2015, the aggregate value of these securities was $5,202,531, representing 31.85% of net assets.
e Principal amount is stated in 100 Mexican Peso Units.
f The coupon rate shown represents the rate at period end.
g Principal amount of security is adjusted for inflation.
h See Note 6 regarding restricted securities.
i Income may be received in additional securities and/or cash.
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 See Note 7 regarding investments in affiliated management investment companies.
m Security is linked to the Ukrainian GDP and does not pay principal over the life of the security or at expiration. The holder is entitled to receive only variable payments, subject
to certain conditions, which are based on the growth of the Ukrainian GDP and the principal or “notional” value of this GDP linked security.

At November 30, 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 CITI Sell 281,000 $ 348,187 12/07/15 $ 51,193 $ -  
Chilean Peso CITI Buy 18,742,000   26,956 12/09/15   -   (614 )
Chilean Peso DBAB Buy 37,315,000   53,741 12/17/15   -   (1,339 )
Japanese Yen JPHQ Sell 10,000,000   83,320 1/07/16   1,971   -  
Malaysian Ringgit JPHQ Buy 239,000   64,656 1/11/16   -   (8,509 )
Chilean Peso MSCO Buy 18,426,250   26,052 1/19/16   -   (268 )

 


 

Templeton Income Trust                
Statement of Investments, November 30, 2015 (unaudited) (continued)          
Indian Rupee JPHQ Buy 13,837,500 210,572 1/19/16   -   (4,187 )
Euro CITI Sell 28,594 33,537 1/20/16   3,273   -  
Euro DBAB Sell 128,180 139,806 1/20/16   4,141   -  
Chilean Peso DBAB Buy 36,852,500 53,760 1/21/16   -   (2,202 )
Euro DBAB Sell 110,000 125,505 1/29/16   9,054   -  
Philippine Peso DBAB Buy 2,407,100 52,866 1/29/16   -   (2,045 )
Euro DBAB Sell 100,000 113,630 2/03/16   7,751   -  
Japanese Yen JPHQ Sell 20,400,000 174,875 2/08/16   8,820   -  
Japanese Yen SCNY Sell 20,370,000 174,588 2/08/16   8,777   -  
Japanese Yen BZWS Sell 20,370,000 174,586 2/09/16   8,772   -  
Japanese Yen JPHQ Sell 20,420,000 174,956 2/09/16   8,735   -  
Chilean Peso JPHQ Buy 18,573,000 26,224 2/12/16   -   (301 )
Chilean Peso MSCO Buy 18,426,250 25,974 2/16/16   -   (268 )
Mexican Peso CITI Buy 11,210,000 643,303 2/26/16   28,902   -  
Philippine Peso DBAB Buy 2,407,100 50,624 3/31/16   38   -  
Euro BZWS Sell 367,000 400,753 4/01/16   11,489   -  
Japanese Yen BZWS Sell 46,442,500 390,040 4/01/16   11,460   -  
Malaysian Ringgit DBAB Buy 389,000 101,851 4/01/16   -   (10,744 )
Malaysian Ringgit JPHQ Buy 827,050 183,239 4/01/16   10,463   -  
South Korean Won JPHQ Buy 227,006,000 189,995 4/04/16   5,095   -  
Malaysian Ringgit JPHQ Buy 16,110 3,622 4/05/16   151   -  
Japanese Yen JPHQ Sell 10,000,000 83,485 4/07/16   1,953   -  
Malaysian Ringgit DBAB Buy 151,500 34,131 4/07/16   1,344   -  
Ghanaian Cedi BZWS Buy 41,344 8,759 4/08/16   1,170   -  
Euro DBAB Sell 100,000 110,870 4/28/16   4,711   -  
Euro DBAB Sell 118,000 130,756 4/29/16   5,484   -  
South Korean Won JPHQ Buy 45,013,200 40,793 5/16/16   -   (2,131 )
South Korean Won JPHQ Buy 44,970,700 40,879 5/18/16   -   (2,255 )
Euro JPHQ Sell 109,400 125,560 5/20/16   9,339   -  
South Korean Won JPHQ Buy 33,768,000 30,906 5/20/16   -   (1,904 )
Euro BZWS Sell 105,000 117,760 5/23/16   6,203   -  
Mexican Peso JPHQ Buy 6,083,000 385,794 5/31/16   -   (23,570 )
Malaysian Ringgit JPHQ Buy 291,780 75,391 6/30/16   -   (7,318 )
Philippine Peso DBAB Buy 816,880 17,807 6/30/16   -   (715 )
Philippine Peso JPHQ Buy 823,000 17,981 7/01/16   -   (762 )
Malaysian Ringgit JPHQ Buy 431,250 112,104 7/05/16   -   (11,517 )
Japanese Yen JPHQ Sell 10,000,000 83,681 7/07/16   1,895   -  
Malaysian Ringgit HSBK Buy 356,895 91,138 7/21/16   -   (7,961 )
Euro DBAB Sell 137,450 152,858 8/15/16   6,356   -  
Euro DBAB Sell 450,800 511,027 10/03/16   29,525   -  
Euro DBAB Sell 393,000 444,522 10/07/16   24,682   -  
Japanese Yen JPHQ Sell 10,000,000 83,931 10/07/16   1,841   -  
Euro DBAB Sell 155,000 175,770 10/11/16   10,154   -  
Japanese Yen HSBK Sell 19,800,000 166,618 10/11/16   4,050   -  
Japanese Yen BZWS Sell 10,100,000 85,013 10/13/16   2,079   -  
Japanese Yen DBAB Sell 9,900,000 83,354 10/13/16   2,064   -  
Euro DBAB Sell 59,000 65,257 11/07/16   2,141   -  
Euro BZWS Sell 100,000 108,436 11/16/16   1,416   -  
Total Forward Exchange Contracts         $ 296,492 $ (88,610 )
Net unrealized appreciation (depreciation)         $ 207,882      

 


 

Templeton Income Trust                
Statement of Investments, November 30, 2015 (unaudited) (continued)    
 
At November 30, 2015, the Fund had the following interest rate swap contracts outstanding. See Note 3.      
Interest Rate Swap Contracts                  
 
      Notional Expiration   Unrealized   Unrealized  
Description Exchange   Amount Date Appreciation   Depreciation  
Centrally Cleared Swap Contracts                  
Receive Floating rate 3-month USD LCH $ 960,000 10/17/17 $ - $ (231 )
BBA LIBOR Pay Fixed rate 0.926%                  
Receive Floating rate 3-month USD CME   520,000 8/22/23   -   (47,383 )
BBA LIBOR Pay Fixed rate 3.018%                  
Receive Floating rate 3-month USD LCH   440,000 1/22/25   772   -  
BBA LIBOR Pay Fixed rate 1.914%                  
Receive Floating rate 3-month USD LCH   550,000 1/23/25   -   (1,715 )
BBA LIBOR Pay Fixed rate 1.970%                  
Receive Floating rate 3-month USD LCH   320,000 1/27/25   -   (1,012 )
BBA LIBOR Pay Fixed rate 1.973%                  
Receive Floating rate 3-month USD LCH   80,000 1/29/25   12   -  
BBA LIBOR Pay Fixed rate 1.937%                  
Receive Floating rate 3-month USD LCH   70,000 1/30/25   -   (13 )
BBA LIBOR Pay Fixed rate 1.942%                  
Receive Floating rate 3-month USD LCH   110,000 2/03/25   1,232   -  
BBA LIBOR Pay Fixed rate 1.817%                  
Receive Floating rate 3-month USD CME   300,000 8/22/43   -   (86,712 )
BBA LIBOR Pay Fixed rate 3.848%                  
Receive Floating rate 3-month USD CME   300,000 12/23/43   -   (89,071 )
BBA LIBOR Pay Fixed rate 3.849%                  
 
Total Interest Rate Swap Contracts         $ 2,016 $ (226,137 )
Net unrealized appreciation (depreciation)           $ (224,121 )

 

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


 

Templeton Income Trust
 
Statement of Investments, November 30, 2015 (unaudited) (continued)
PHP Philippine Peso
RSD Serbian Dinar
UYU Uruguayan Peso
Selected Portfolio
 
FRN Floating Rate Note
GDP Gross Domestic Product
PIK Payment-In-Kind

 


 

Templeton Income Trust          
 
Statement of Investments, November 30, 2015 (unaudited)          
 
 
Templeton Global Bond Fund Principal Amount*       Value
Foreign Government and Agency Securities 66.9%          
Brazil 8.5%          
Letra Tesouro Nacional, Strip,          
1/01/16 559,730 a BRL $ 143,023,422
1/01/17 988,370 a BRL   218,062,884
1/01/18 615,590 a BRL   116,712,665
b 1/01/19 3,308,460 a BRL   539,840,011
7/01/19 6,525,180 a BRL   990,411,336
Nota Do Tesouro Nacional,          
10.00%, 1/01/17 2,922,356 a BRL   715,850,062
b 10.00%, 1/01/21 5,203,150 a BRL   1,089,400,096
10.00%, 1/01/23 1,263,130 a BRL   251,060,572
b 10.00%, 1/01/25 2,742,950 a BRL   522,070,330
c Index Linked, 6.00%, 5/15/17 4,429 a BRL   3,121,418
c Index Linked, 6.00%, 8/15/20 39,290 a BRL   26,306,154
c Index Linked, 6.00%, 8/15/24 252,192 a BRL   165,484,975
c Index Linked, 6.00%, 8/15/50 133,230 a BRL   81,378,518
senior note, 10.00%, 1/01/19 569,840 a BRL   127,287,419
          4,990,009,862
Hungary 3.9%          
Government of Hungary,          
6.00%, 1/11/19 93,696,000   EUR   114,319,774
5.375%, 2/21/23 235,900,000       259,566,668
A, 6.75%, 11/24/17 82,000,520,000   HUF   307,019,754
senior note, 6.25%, 1/29/20 374,354,000       421,518,860
senior note, 6.375%, 3/29/21 880,996,000       1,010,471,577
senior note, 5.375%, 3/25/24 83,320,000       91,965,700
d senior note, Reg S, 5.75%, 6/11/18 56,340,000   EUR   66,878,759
          2,271,741,092
Iceland 0.3%          
eGovernment of Iceland, 144A, 5.875%, 5/11/22 154,630,000       176,906,771
 
India 2.4%          
Government of India,          
senior bond, 7.80%, 5/03/20 14,439,400,000   INR   217,449,666
senior bond, 8.35%, 5/14/22 4,260,400,000   INR   65,450,636
senior bond, 8.28%, 9/21/27 4,362,400,000   INR   67,004,161
senior bond, 8.60%, 6/02/28 14,975,000,000   INR   235,516,800
senior note, 7.28%, 6/03/19 561,300,000   INR   8,350,821
senior note, 8.12%, 12/10/20 10,842,300,000   INR   164,795,521
senior note, 7.16%, 5/20/23 4,378,700,000   INR   62,951,286
senior note, 8.83%, 11/25/23 37,754,900,000   INR   595,922,519
          1,417,441,410
Indonesia 5.0%          
Government of Indonesia,          
7.875%, 4/15/19 819,140,000,000   IDR   58,467,674
8.375%, 3/15/34 2,917,910,000,000   IDR   202,471,441
FR28, 10.00%, 7/15/17 104,700,000,000   IDR   7,773,336
FR30, 10.75%, 5/15/16 185,655,000,000   IDR   13,634,336
FR31, 11.00%, 11/15/20 1,090,303,000,000   IDR   86,519,359
FR32, 15.00%, 7/15/18 1,150,000,000   IDR   95,901
FR34, 12.80%, 6/15/21 1,522,849,000,000   IDR   130,310,646
FR35, 12.90%, 6/15/22 1,158,600,000,000   IDR   101,330,345
FR36, 11.50%, 9/15/19 437,062,000,000   IDR   34,596,910
FR37, 12.00%, 9/15/26 66,550,000,000   IDR   5,892,570
FR39, 11.75%, 8/15/23 556,845,000,000   IDR   47,081,300
FR40, 11.00%, 9/15/25 710,760,000,000   IDR   59,003,102
FR42, 10.25%, 7/15/27 818,390,000,000   IDR   65,512,610
FR43, 10.25%, 7/15/22 337,191,000,000   IDR   26,322,107
FR44, 10.00%, 9/15/24 197,824,000,000   IDR   15,371,222

 

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


 

Templeton Income Trust        
 
Statement of Investments, November 30, 2015 (unaudited) (continued)        
FR46, 9.50%, 7/15/23 2,825,220,000,000   IDR 213,908,142
FR47, 10.00%, 2/15/28 1,889,105,000,000   IDR 148,971,042
FR48, 9.00%, 9/15/18 341,640,000,000   IDR 25,031,587
FR52, 10.50%, 8/15/30 896,704,000,000   IDR 73,823,309
FR61, 7.00%, 5/15/22 779,840,000,000   IDR 51,956,450
senior bond, 5.625%, 5/15/23 527,341,000,000   IDR 32,103,571
senior bond, 7.00%, 5/15/27 68,475,000,000   IDR 4,342,363
senior bond, 9.00%, 3/15/29 2,039,169,000,000   IDR 151,076,933
senior bond, FR53, 8.25%, 7/15/21 7,711,636,000,000   IDR 552,946,665
senior bond, FR56, 8.375%, 9/15/26 6,166,771,000,000   IDR 440,164,997
senior bond, FR70, 8.375%, 3/15/24 5,200,501,000,000   IDR 372,135,370
senior note, 8.50%, 10/15/16 70,944,000,000   IDR 5,139,148
6.125%, 5/15/28 102,713,000,000   IDR 5,948,962
        2,931,931,398
Ireland 1.0%        
Government of Ireland, senior bond, 5.40%, 3/13/25 408,143,600   EUR 599,046,381
 
Lithuania 0.6%        
eGovernment of Lithuania, 144A,        
7.375%, 2/11/20 215,840,000     257,558,635
6.125%, 3/09/21 101,430,000     117,643,078
        375,201,713
Malaysia 4.9%        
Government of Malaysia,        
3.314%, 10/31/17 1,966,510,000   MYR 464,926,454
senior bond, 4.262%, 9/15/16 3,220,222,000   MYR 765,746,792
senior bond, 3.814%, 2/15/17 1,002,700,000   MYR 238,552,911
senior note, 3.172%, 7/15/16 2,449,070,000   MYR 577,042,174
senior note, 3.394%, 3/15/17 411,906,000   MYR 97,543,248
senior note, 4.012%, 9/15/17 2,948,000,000   MYR 705,637,488
        2,849,449,067
Mexico 10.2%        
Government of Mexico,        
7.25%, 12/15/16 210,196,400 f MXN 1,314,736,871
7.75%, 12/14/17 468,553,575 f MXN 3,026,347,742
senior note, 8.50%, 12/13/18 211,834,700 f MXN 1,410,547,115
gMexican Udibonos, Index Linked,        
5.00%, 6/16/16 13,809,899 h MXN 85,163,476
3.50%, 12/14/17 11,700,800 h MXN 73,676,615
4.00%, 6/13/19 7,320,230 h MXN 47,097,091
2.50%, 12/10/20 5,860,987 h MXN 35,342,124
        5,992,911,034
Peru 0.1%        
Government of Peru, senior bond, 7.84%, 8/12/20 184,399,000   PEN 58,993,353
 
Philippines 0.8%        
Government of the Philippines,        
senior bond, 9.125%, 9/04/16 619,630,000   PHP 13,649,726
senior note, 1.625%, 4/25/16 21,931,450,000   PHP 463,706,709
        477,356,435
Poland 4.3%        
Government of Poland,        
5.00%, 4/25/16 2,472,048,000   PLN 620,274,279
4.75%, 10/25/16 3,039,400,000   PLN 773,712,300
4.75%, 4/25/17 285,830,000   PLN 73,837,147
5.75%, 9/23/22 495,970,000   PLN 148,290,163
i FRN, 1.79%, 1/25/17 2,005,988,000   PLN 496,540,802
i FRN, 1.79%, 1/25/21 1,721,975,000   PLN 418,467,606
        2,531,122,297
Portugal 2.7%        
Government of Portugal,        
e 144A, 5.125%, 10/15/24 585,500,000     608,413,542

 


 

Templeton Income Trust      
 
Statement of Investments, November 30, 2015 (unaudited) (continued)      
d Reg S, 3.875%, 2/15/30 820,750,000 EUR 963,110,770
d senior bond, Reg S, 4.95%, 10/25/23 5,772,600 EUR 7,414,177
d senior bond, Reg S, 5.65%, 2/15/24 14,427,600 EUR 19,250,069
      1,598,188,558
Serbia 0.9%      
eGovernment of Serbia, senior note, 144A,      
5.25%, 11/21/17 100,490,000   104,714,599
4.875%, 2/25/20 190,710,000   197,013,919
7.25%, 9/28/21 211,710,000   242,380,428
      544,108,946
Singapore 0.4%      
Government of Singapore, senior note, 1.125%, 4/01/16 328,050,000 SGD 232,645,390
 
Slovenia 1.4%      
eGovernment of Slovenia, senior note, 144A,      
5.50%, 10/26/22 390,739,000   439,514,949
5.85%, 5/10/23 321,455,000   368,840,682
      808,355,631
South Korea 13.3%      
Government of Korea, senior bond, 5.625%, 11/03/25 13,150,000   16,324,279
Korea Monetary Stabilization Bond, senior note,      
1.56%, 10/02/17 776,417,300,000 KRW 667,088,815
2.78%, 2/02/16 805,900,480,000 KRW 696,205,094
1.92%, 3/09/16 15,612,800,000 KRW 13,471,223
2.80%, 4/02/16 219,279,000,000 KRW 189,797,421
1.74%, 5/09/16 232,085,700,000 KRW 200,178,349
2.79%, 6/02/16 731,695,200,000 KRW 634,448,957
1.62%, 6/09/16 228,964,300,000 KRW 197,364,868
2.46%, 8/02/16 457,360,800,000 KRW 396,412,214
1.56%, 8/09/16 234,005,000,000 KRW 201,586,017
2.22%, 10/02/16 296,083,000,000 KRW 256,369,743
1.61%, 11/09/16 184,822,200,000 KRW 159,184,404
2.07%, 12/02/16 785,844,900,000 KRW 679,930,925
1.96%, 2/02/17 337,287,200,000 KRW 291,585,189
1.70%, 8/02/17 191,886,900,000 KRW 165,295,348
Korea Treasury Bond, senior note,      
4.00%, 3/10/16 798,759,900,000 KRW 693,121,028
2.75%, 6/10/16 1,066,957,400,000 KRW 925,076,606
5.00%, 9/10/16 175,000,000,000 KRW 154,726,547
3.00%, 12/10/16 1,044,181,940,000 KRW 912,007,928
2.00%, 12/10/17 423,621,800,000 KRW 367,013,388
      7,817,188,343
Sri Lanka 1.1%      
Government of Sri Lanka,      
8.00%, 1/01/17 476,700,000 LKR 3,365,365
8.25%, 3/01/17 907,610,000 LKR 6,422,483
8.00%, 6/15/17 557,250,000 LKR 3,932,914
10.60%, 7/01/19 14,422,400,000 LKR 106,701,140
10.60%, 9/15/19 19,332,700,000 LKR 143,363,058
8.00%, 11/01/19 557,250,000 LKR 3,818,820
9.25%, 5/01/20 1,951,660,000 LKR 13,828,064
11.20%, 7/01/22 1,288,300,000 LKR 9,899,860
A, 6.40%, 8/01/16 2,094,100,000 LKR 14,604,126
A, 5.80%, 1/15/17 2,419,800,000 LKR 16,696,933
A, 7.50%, 8/15/18 1,127,970,000 LKR 7,763,055
A, 8.00%, 11/15/18 6,671,840,000 LKR 46,372,170
A, 9.00%, 5/01/21 10,254,020,000 LKR 71,812,575
A, 11.00%, 8/01/21 6,736,920,000 LKR 51,195,596
B, 6.40%, 10/01/16 1,421,400,000 LKR 9,898,934
B, 5.80%, 7/15/17 810,400,000 LKR 5,526,493
B, 8.50%, 7/15/18 1,975,710,000 LKR 13,946,770
C, 8.50%, 4/01/18 7,340,380,000 LKR 51,969,131

 


 

Templeton Income Trust        
 
Statement of Investments, November 30, 2015 (unaudited) (continued)        
D, 8.50%, 6/01/18 7,532,460,000   LKR 53,162,510
        634,279,997
jSupranational 0.3%        
Inter-American Development Bank, senior note, 7.50%, 12/05/24 2,473,000,000   MXN 168,758,779
Ukraine 4.8%        
eGovernment of Ukraine, 144A,        
7.75%, 9/01/19 141,082,000     138,227,911
7.75%, 9/01/20 314,572,000     305,534,346
7.75%, 9/01/21 314,572,000     302,343,014
7.75%, 9/01/22 314,572,000     300,413,114
7.75%, 9/01/23 314,572,000     299,194,148
7.75%, 9/01/24 314,572,000     297,407,379
7.75%, 9/01/25 314,572,000     294,884,511
7.75%, 9/01/26 314,572,000     294,407,935
7.75%, 9/01/27 314,572,000     292,474,890
k GDP Linked Securities, 5/31/40 650,958,000     305,950,260
        2,830,837,508
Total Foreign Government and Agency Securities (Cost $42,146,278,882)       39,306,473,965
Quasi-Sovereign and Corporate Bonds 1.3%        
Hungary 0.5%        
eHungarian Development Bank, senior note, 144A, 6.25%, 10/21/20 250,000,000     277,858,750
India 0.8%        
Food Corp. of India, secured note, 6, 9.95%, 3/07/22 22,550,000,000   INR 365,857,555
Mahanagar Telephone Nigam Ltd.,        
8.24%, 11/19/24 3,350,000,000   INR 50,707,021
8.29%, 11/28/24 3,050,000,000   INR 46,331,292
        462,895,868
South Korea 0.0%        
The Export-Import Bank of Korea, senior note, 4.625%, 2/20/17 14,090,000   EUR 15,692,012
 
Total Quasi-Sovereign and Corporate Bonds (Cost $755,986,031)       756,446,630
Total Investments before Short Term Investments (Cost $42,902,264,913)       40,062,920,595
 
Short Term Investments 26.9%        
Foreign Government and Agency Securities 6.5%        
Indonesia 0.2%        
lIndonesia Treasury Bill, 1/07/16 - 2/04/16 1,468,689,000,000   IDR 105,444,724
Malaysia 2.1%        
lBank of Negara Monetary Note, 4/19/16 - 10/18/16 4,819,710,000   MYR 1,111,425,303
lMalaysia Treasury Bill, 12/11/15 - 5/27/16 439,070,000   MYR 102,486,680
        1,213,911,983
Mexico 2.1%        
lMexico Treasury Bill, 12/10/15 - 5/26/16 2,051,638,860 m MXN 1,227,710,352
Philippines 0.4%        
Government of the Philippines, senior note, 7.00%, 1/27/16 713,300,000   PHP 15,210,141
lPhilippine Treasury Bill, 12/02/15 - 9/07/16 10,447,160,000   PHP 220,400,585
        235,610,726
Singapore 0.1%        
lMonetary Authority of Singapore Treasury Bill, 12/22/15 - 1/05/16 112,960,000   SGD 80,020,750
South Korea 1.6%        
Korea Monetary Stabilization Bond,        
l 1/05/16 - 4/19/16 397,775,900,000   KRW 342,082,300
senior note, 1.57%, 7/09/16 199,245,100,000   KRW 171,681,433
senior note, 1.52%, 9/09/16 284,133,400,000   KRW 244,647,666

 


 

Templeton Income Trust      
Statement of Investments, November 30, 2015 (unaudited) (continued)      
senior note, 1.53%, 10/08/16 251,191,800,000 KRW 216,226,956
      974,638,355
Total Foreign Government and Agency Securities (Cost $3,986,161,098)     3,837,336,890
U.S. Government and Agency Securities (Cost $1,119,031,695) 1.9%      
United States 1.9%      
lFHLB, 12/02/15 - 12/07/15 1,119,035,000   1,119,029,940
Total Investments before Money Market Funds (Cost $48,007,457,706)     45,019,287,425
  Shares    
Money Market Funds (Cost $10,862,237,859) 18.5%      
United States 18.5%      
   n,oInstitutional Fiduciary Trust Money Market Portfolio 10,862,237,859   10,862,237,859
Total Investments (Cost $58,869,695,565) 95.1%     55,881,525,284
Other Assets, less Liabilities 4.9%     2,866,289,265
Net Assets 100.0%   $ 58,747,814,549

 

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 A portion or all of the security purchased on a delayed delivery basis.
c Redemption price at maturity is adjusted for inflation.
d 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 November 30, 2015, the aggregate value of
these securities was $1,056,653,775, representing 1.80% of net assets.
e 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
November 30, 2015, the aggregate value of these securities was $5,621,682,861, representing 9.57% of net assets.
f Principal amount is stated in 100 Mexican Peso Units.
g Principal amount of security is adjusted for inflation.
h Principal amount is stated in 100 Unidad de Inversion Units.
i The coupon rate shown represents the rate at period end.
j A supranational organization is an entity formed by two or more central governments through international treaties.
k Security is linked to the Ukrainian GDP and does not pay principal over the life of the security or at expiration. The holder is entitled to receive only variable payments, subject
to certain conditions, which are based on the growth of the Ukrainian GDP and the principal or “notional” value of this GDP linked security.
l The security is traded on a discount basis with no stated coupon rate.
m Principal amount is stated in 10 Mexican Peso Units.
n Non-income producing.
o See Note 7 regarding investments in affiliated management investment companies.

At November 30, 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                  
Chilean Peso JPHQ Buy 31,264,830,000 45,014,513 12/01/15 $ - $ (1,033,784 )
Chilean Peso JPHQ Sell 31,264,830,000 43,605,063 12/01/15   -   (375,666 )
Euro GSCO Buy 203,544,000 215,451,324 12/01/15   -   (368,705 )
Euro GSCO Sell 203,544,000 222,388,104 12/01/15   7,305,485   -  

 


 

Templeton Income Trust              
Statement of Investments, November 30, 2015 (unaudited) (continued)      
Chilean Peso DBAB Buy 26,203,031,000 37,876,599   12/02/15 - (1,020,305 )
Chilean Peso DBAB Sell 26,203,031,000 36,851,179   12/02/15 - (5,114 )
Chilean Peso JPHQ Buy 13,008,500,000 18,776,703   12/02/15 - (479,389 )
Chilean Peso JPHQ Sell 13,008,500,000 18,142,957   12/02/15 - (154,358 )
Polish Zloty CITI Buy 61,037,800 14,349,512 EUR 12/03/15 - (58,094 )
Polish Zloty CITI Sell 61,037,800 14,360,146 EUR 12/03/15 69,332 -  
Chilean Peso BZWS Buy 36,205,800,000 52,117,173   12/04/15 - (1,202,162 )
Euro CITI Sell 72,203,000 90,112,954   12/04/15 13,808,505 -  
Euro DBAB Sell 131,065,000 163,529,801   12/04/15 25,019,729 -  
Euro CITI Sell 63,090,000 78,174,819   12/07/15 11,493,718 -  
Chilean Peso CITI Buy 29,155,220,000 41,933,063   12/09/15 - (954,850 )
Chilean Peso MSCO Buy 27,899,910,000 40,119,511   12/09/15 - (905,659 )
Euro HSBK Buy 21,570,052 24,471,008   12/09/15 - (1,671,516 )
Euro HSBK Sell 21,570,052 26,571,716   12/09/15 3,772,223 -  
Euro SCNY Sell 226,537,356 279,846,127   12/09/15 40,396,695 -  
Japanese Yen HSBK Sell 42,738,600,000 341,348,988   12/09/15 - (5,957,977 )
Singapore Dollar DBAB Buy 150,355,000 111,172,317   12/09/15 - (4,620,691 )
Singapore Dollar DBAB Sell 150,355,000 106,257,951   12/09/15 - (293,676 )
Singapore Dollar GSCO Buy 87,786,250 64,796,464   12/09/15 - (2,585,246 )
Singapore Dollar GSCO Sell 87,786,250 62,070,459   12/09/15 - (140,759 )
Chilean Peso BZWS Buy 20,031,600,000 28,770,700   12/10/15 - (618,902 )
Polish Zloty DBAB Buy 406,382,000 95,334,412 EUR 12/10/15 - (214,956 )
Polish Zloty DBAB Sell 406,382,000 95,579,788 EUR 12/10/15 474,327 -  
Chilean Peso DBAB Buy 32,485,498,000 46,903,693   12/11/15 - (1,254,421 )
Euro MSCO Sell 44,121,607 55,302,243   12/11/15 8,662,403 -  
Mexican Peso CITI Buy 3,720,141,250 245,098,548   12/11/15 - (20,924,555 )
Euro DBAB Sell 129,470,000 161,105,995   12/14/15 24,231,506 -  
Singapore Dollar JPHQ Buy 135,883,000 100,983,205   12/14/15 - (4,704,464 )
Euro BOFA Sell 177,095,041 220,208,829   12/15/15 32,978,742 -  
Euro JPHQ Buy 127,432,000 146,539,154   12/15/15 - (11,814,295 )
Euro JPHQ Sell 127,432,000 159,077,189   12/15/15 24,352,330 -  
Malaysian Ringgit DBAB Buy 151,275,000 42,249,686   12/15/15 - (6,716,184 )
Malaysian Ringgit DBAB Sell 151,275,000 41,360,219   12/15/15 5,826,717 -  
Mexican Peso CITI Buy 1,460,250,600 93,045,151   12/15/15 - (5,076,923 )
Polish Zloty DBAB Buy 35,195,600 8,287,167 EUR 12/15/15 - (53,517 )
Polish Zloty DBAB Sell 35,195,600 8,327,166 EUR 12/15/15 95,805 -  
Singapore Dollar DBAB Buy 150,260,000 111,472,977   12/16/15 - (5,015,080 )
Singapore Dollar DBAB Sell 150,260,000 105,023,310   12/16/15 - (1,434,588 )
Chilean Peso DBAB Buy 13,621,865,000 19,618,154   12/17/15 - (488,640 )
Euro CITI Sell 149,674,000 186,857,961   12/17/15 28,606,635 -  
Australian Dollar CITI Sell 121,932,400 93,496,057   12/18/15 5,396,519 -  
Mexican Peso CITI Buy 973,603,510 64,116,135   12/18/15 - (5,477,332 )
Chilean Peso JPHQ Buy 18,232,450,000 26,537,297   12/21/15 - (943,906 )
Japanese Yen DBAB Sell 24,707,170,000 211,497,774   12/21/15 10,615,556 -  
Japanese Yen HSBK Sell 24,745,070,000 211,586,746   12/21/15 10,396,381 -  
Japanese Yen BZWS Sell 12,521,550,000 105,897,651   12/22/15 4,086,496 -  
Japanese Yen CITI Sell 19,533,646,000 165,427,219   12/22/15 6,601,589 -  
Singapore Dollar HSBK Buy 163,895,000 121,427,989   12/22/15 - (5,334,488 )
Singapore Dollar HSBK Sell 163,895,000 115,678,884   12/22/15 - (414,617 )
Polish Zloty DBAB Buy 318,369,688 75,254,027 EUR 12/24/15 - (834,369 )

 


 

Templeton Income Trust              
Statement of Investments, November 30, 2015 (unaudited) (continued)      
Polish Zloty DBAB Sell 318,369,688 74,977,554 EUR 12/24/15 541,977 -  
Malaysian Ringgit HSBK Buy 957,079,700 219,816,192   12/28/15 5,098,550 -  
Euro BZWS Sell 57,908,589 70,580,499   1/05/16 9,314,580 -  
Chilean Peso MSCO Buy 46,712,800,000 67,426,097   1/07/16 - (1,973,712 )
Japanese Yen DBAB Sell 10,434,667,000 87,609,711   1/07/16 2,724,390 -  
Japanese Yen JPHQ Sell 19,563,250,000 163,001,275   1/07/16 3,855,539 -  
Malaysian Ringgit HSBK Buy 848,970,202 180,612,744 EUR 1/07/16 8,376,390 -  
Japanese Yen GSCO Sell 6,380,360,000 53,881,349   1/08/16 1,976,553 -  
Polish Zloty DBAB Buy 166,560,000 39,025,305 EUR 1/08/16 - (104,135 )
Polish Zloty DBAB Sell 166,560,000 39,124,032 EUR 1/08/16 208,594 -  
Euro BZWS Sell 121,560,662 144,649,895   1/11/16 16,021,291 -  
Euro UBSW Sell 23,478,000 27,908,768   1/11/16 3,065,679 -  
Malaysian Ringgit JPHQ Buy 224,973,000 60,861,085   1/11/16 - (8,009,332 )
Malaysian Ringgit JPHQ Sell 224,973,000 52,563,785   1/11/16 - (287,968 )
Mexican Peso CITI Buy 1,413,203,530 88,061,038   1/11/16 - (3,081,872 )
Euro CITI Sell 29,000,000 34,457,800   1/13/16 3,770,030 -  
Euro SCNY Sell 49,935,936 59,311,408   1/13/16 6,469,251 -  
Malaysian Ringgit DBAB Buy 1,263,085,810 294,281,543 EUR 1/13/16 - (14,697,676 )
Malaysian Ringgit HSBK Buy 848,970,202 180,570,487 EUR 1/13/16 8,351,591 -  
Japanese Yen CITI Sell 3,332,090,000 28,105,621   1/14/16 995,660 -  
Japanese Yen SCNY Sell 3,331,470,000 28,275,929   1/14/16 1,171,013 -  
Chilean Peso DBAB Buy 28,491,051,750 41,315,330   1/15/16 - (1,429,363 )
Euro CITI Sell 192,914,073 228,689,988   1/15/16 24,537,774 -  
Euro JPHQ Sell 102,670,589 121,477,380   1/15/16 12,825,752 -  
Japanese Yen BZWS Sell 22,053,780,000 187,702,927   1/15/16 8,269,434 -  
Japanese Yen JPHQ Sell 14,336,430,000 121,561,101   1/15/16 4,917,346 -  
Malaysian Ringgit JPHQ Buy 54,220,000 14,708,914   1/15/16 - (1,972,963 )
Malaysian Ringgit JPHQ Buy 1,281,008,255 297,798,088 EUR 1/15/16 - (14,245,097 )
Malaysian Ringgit JPHQ Sell 54,220,000 12,665,265   1/15/16 - (70,686 )
Chilean Peso MSCO Buy 44,309,355,000 62,647,544   1/19/16 - (643,754 )
Euro BZWS Sell 177,042,000 201,734,413   1/19/16 14,359,181 -  
Euro DBAB Sell 137,436,000 162,435,608   1/19/16 16,978,020 -  
Euro GSCO Sell 198,383,000 228,349,881   1/19/16 18,388,061 -  
Euro JPHQ Sell 75,805,000 89,574,978   1/19/16 9,345,544 -  
Japanese Yen HSBK Sell 12,607,090,000 102,698,724   1/19/16 117,338 -  
Japanese Yen SCNY Sell 10,082,050,000 81,663,805   1/19/16 - (371,833 )
Malaysian Ringgit JPHQ Buy 25,017,400 6,730,535   1/19/16 - (854,872 )
Malaysian Ringgit JPHQ Sell 25,017,400 5,842,457   1/19/16 - (33,207 )
Euro BZWS Sell 158,260,000 172,611,017   1/20/16 5,109,609 -  
Euro GSCO Sell 91,986,000 100,237,144   1/20/16 2,879,729 -  
Japanese Yen JPHQ Sell 19,676,275,000 169,347,870   1/20/16 9,242,866 -  
Malaysian Ringgit JPHQ Buy 1,232,791,836 289,768,671 EUR 1/20/16 - (17,161,613 )
Chilean Peso DBAB Buy 13,453,500,000 19,625,821   1/21/16 - (803,910 )
Euro BZWS Sell 139,061,000 162,298,093   1/21/16 15,112,917 -  
Malaysian Ringgit HSBK Buy 773,020,438 164,381,499 EUR 1/21/16 7,557,077 -  
Chilean Peso MSCO Buy 30,698,485,500 44,431,317   1/22/16 - (1,487,743 )
Euro CITI Sell 42,223,091 49,243,735   1/22/16 4,552,725 -  
Euro DBAB Sell 87,055,000 94,785,484   1/22/16 2,642,161 -  
Euro JPHQ Sell 25,614,073 29,873,693   1/22/16 2,762,490 -  
Japanese Yen DBAB Sell 25,032,090,000 202,590,563   1/22/16 - (1,102,273 )

 


 

Templeton Income Trust              
Statement of Investments, November 30, 2015 (unaudited) (continued)      
Japanese Yen HSBK Sell 10,034,848,500 81,173,318   1/22/16 - (482,938 )
Chilean Peso DBAB Buy 20,283,160,000 29,034,011   1/25/16 - (669,499 )
Chilean Peso JPHQ Buy 13,842,935,000 19,815,252   1/25/16 - (456,922 )
Euro JPHQ Sell 76,519,000 89,575,360   1/25/16 8,577,470 -  
Malaysian Ringgit HSBK Buy 149,324,973 40,017,412   1/25/16 - (4,953,407 )
Malaysian Ringgit HSBK Sell 149,324,973 34,905,323   1/25/16 - (158,681 )
Singapore Dollar JPHQ Buy 136,940,000 99,585,485   1/25/16 - (2,699,002 )
Chilean Peso DBAB Buy 16,894,600,000 24,252,943   1/26/16 - (629,649 )
Euro BZWS Sell 94,940,000 107,792,028   1/27/16 7,289,612 -  
Euro DBAB Sell 57,486,735 63,396,371   1/27/16 2,541,560 -  
Euro GSCO Sell 53,052,700 58,331,178   1/27/16 2,170,187 -  
Japanese Yen GSCO Sell 15,371,620,000 131,409,446   1/27/16 6,314,479 -  
Japanese Yen JPHQ Sell 7,902,175,000 63,897,784   1/27/16 - (410,489 )
Chilean Peso DBAB Buy 31,595,697,500 45,701,450   1/28/16 - (1,531,576 )
Chilean Peso JPHQ Buy 23,807,520,000 34,460,202   1/28/16 - (1,177,976 )
Indian Rupee DBAB Buy 900,181,000 13,666,999   1/28/16 - (259,511 )
Indian Rupee HSBK Buy 22,984,769,550 315,954,444 EUR 1/28/16 7,865,452 -  
Japanese Yen HSBK Sell 17,605,035,074 150,447,882   1/28/16 7,174,536 -  
Chilean Peso BZWS Buy 58,726,576,000 84,943,358   1/29/16 - (2,854,211 )
Chilean Peso CITI Buy 53,031,580,000 76,740,583   1/29/16 - (2,612,012 )
Chilean Peso DBAB Buy 59,419,576,800 85,835,431   1/29/16 - (2,777,593 )
Chilean Peso JPHQ Buy 10,953,800,000 15,809,771   1/29/16 - (498,337 )
Chilean Peso MSCO Buy 63,378,174,000 91,540,657   1/29/16 - (2,949,416 )
Euro CITI Sell 81,493,700 92,847,402   1/29/16 6,574,549 -  
Japanese Yen DBAB Sell 13,902,366,365 118,584,448   1/29/16 5,442,005 -  
Malaysian Ringgit HSBK Buy 31,057,000 8,005,413   1/29/16 - (713,668 )
Malaysian Ringgit HSBK Sell 31,057,000 7,258,004   1/29/16 - (33,741 )
Brazilian Real CITI Sell 899,383,060 235,984,220   2/02/16 8,275,066 -  
Chilean Peso DBAB Buy 21,710,940,000 31,207,331   2/04/16 - (879,071 )
Malaysian Ringgit HSBK Buy 773,020,438 164,290,665 EUR 2/05/16 7,484,125 -  
Mexican Peso CITI Buy 632,490,760 41,836,933   2/05/16 - (3,861,171 )
Chilean Peso CITI Buy 20,803,900,000 29,873,492   2/08/16 - (824,866 )
Chilean Peso DBAB Buy 35,759,440,000 51,496,889   2/08/16 - (1,565,741 )
Chilean Peso MSCO Buy 37,874,227,200 54,331,125   2/08/16 - (1,447,085 )
Euro BZWS Sell 202,258,000 222,168,278   2/08/16 7,989,062 -  
Euro CITI Buy 80,318,000 86,542,243   2/09/16 - (1,487,870 )
Euro CITI Sell 80,318,000 92,253,255   2/09/16 7,198,881 -  
Euro GSCO Sell 127,740,000 146,837,130   2/09/16 11,564,269 -  
Japanese Yen CITI Sell 12,481,439,000 107,006,387   2/09/16 5,406,268 -  
Mexican Peso CITI Buy 666,525,500 44,143,685   2/09/16 - (4,134,191 )
Euro HSBK Buy 73,778,000 83,795,577   2/10/16 - (5,664,683 )
Euro HSBK Sell 73,778,000 83,792,626   2/10/16 5,661,732 -  
Malaysian Ringgit DBAB Buy 427,337,301 98,281,388 EUR 2/10/16 - (3,795,249 )
Malaysian Ringgit HSBK Buy 137,320,000 34,564,172   2/10/16 - (2,338,811 )
Malaysian Ringgit HSBK Sell 137,320,000 32,065,382   2/10/16 - (159,979 )
Singapore Dollar DBAB Buy 139,923,000 101,012,850   2/10/16 - (2,072,099 )
Singapore Dollar DBAB Sell 139,923,000 97,147,162   2/10/16 - (1,793,590 )
Euro BZWS Sell 150,959,000 171,564,904   2/11/16 11,694,866 -  
Malaysian Ringgit HSBK Buy 82,678,945 20,623,334   2/11/16 - (1,221,552 )
Malaysian Ringgit HSBK Sell 82,678,945 19,303,980   2/11/16 - (97,802 )

 


 

Templeton Income Trust              
Statement of Investments, November 30, 2015 (unaudited) (continued)      
Mexican Peso MSCO Buy 1,198,560,000 79,061,379   2/11/16 - (7,124,255 )
Chilean Peso DBAB Buy 53,304,740,500 75,502,465   2/12/16 - (1,104,899 )
Chilean Peso JPHQ Buy 32,660,995,000 46,115,065   2/12/16 - (530,029 )
Euro BZWS Sell 28,000,000 30,802,380   2/12/16 1,148,724 -  
Euro GSCO Sell 171,944,000 188,920,031   2/12/16 6,821,164 -  
Japanese Yen CITI Sell 18,760,200,000 150,938,933   2/12/16 - (1,779,802 )
Japanese Yen GSCO Sell 5,856,880,500 49,699,864   2/12/16 2,021,514 -  
Japanese Yen HSBK Sell 10,857,850,000 92,172,684   2/12/16 3,783,588 -  
Malaysian Ringgit HSBK Buy 62,400,000 15,553,340   2/12/16 - (910,883 )
Malaysian Ringgit HSBK Sell 62,400,000 14,567,867   2/12/16 - (74,590 )
Mexican Peso CITI Buy 1,155,788,000 75,586,162   2/12/16 - (6,220,431 )
Mexican Peso MSCO Buy 1,244,214,000 81,614,562   2/12/16 - (6,941,859 )
Singapore Dollar BZWS Buy 38,999,058 28,046,787   2/12/16 - (472,202 )
Singapore Dollar BZWS Sell 38,999,058 27,703,113   2/12/16 128,528 -  
Chilean Peso DBAB Buy 32,485,498,000 45,818,756   2/16/16 - (498,270 )
Chilean Peso MSCO Buy 44,309,355,000 62,459,445   2/16/16 - (643,508 )
Euro SCNY Sell 140,680,000 160,027,017   2/16/16 11,021,898 -  
Japanese Yen CITI Sell 37,564,700,000 315,964,471   2/16/16 10,142,624 -  
Chilean Peso DBAB Buy 28,491,051,750 40,153,691   2/17/16 - (410,150 )
Euro GSCO Sell 74,206,000 85,257,500   2/17/16 6,657,960 -  
Japanese Yen GSCO Sell 20,850,739,790 176,807,569   2/17/16 7,054,168 -  
Mexican Peso MSCO Buy 1,131,302,320 73,854,441   2/17/16 - (5,978,948 )
Malaysian Ringgit HSBK Buy 51,597,000 12,270,101   2/19/16 - (165,999 )
Malaysian Ringgit HSBK Sell 51,597,000 12,039,902   2/19/16 - (64,199 )
South Korean Won JPHQ Buy 523,500,000,000 55,743,081,362 JPY 2/19/16 - (3,620,291 )
Chilean Peso MSCO Buy 30,698,485,500 42,548,143   2/22/16 251,518 -  
Euro BZWS Sell 165,746,000 189,973,093   2/22/16 14,389,145 -  
Euro DBAB Sell 148,587,110 164,524,563   2/22/16 7,117,982 -  
Euro JPHQ Buy 141,425,000 162,843,816   2/22/16 - (13,024,455 )
Euro JPHQ Sell 141,425,000 156,710,921   2/22/16 6,891,560 -  
Indian Rupee JPHQ Buy 41,308,437,210 578,652,466 EUR 2/22/16 - (27,487 )
Malaysian Ringgit HSBK Buy 571,500,000 137,545,126   2/22/16 - (3,493,410 )
Malaysian Ringgit HSBK Sell 571,500,000 133,325,557   2/22/16 - (726,159 )
Malaysian Ringgit JPHQ Buy 177,750,000 42,754,059   2/22/16 - (1,060,809 )
Malaysian Ringgit JPHQ Sell 177,750,000 41,423,911   2/22/16 - (269,340 )
Chilean Peso DBAB Buy 20,505,700,000 28,416,990   2/23/16 168,857 -  
Japanese Yen DBAB Sell 4,271,575,000 34,721,759   2/24/16 - (59,402 )
Japanese Yen HSBK Sell 8,572,756,000 69,671,714   2/24/16 - (131,676 )
Malaysian Ringgit HSBK Buy 571,500,000 136,935,426   2/24/16 - (2,894,400 )
Singapore Dollar DBAB Buy 84,117,000 59,687,079   2/24/16 - (237,144 )
Singapore Dollar DBAB Sell 84,117,000 58,379,313   2/24/16 - (1,070,622 )
Chilean Peso JPHQ Buy 68,080,850,000 94,117,721   2/25/16 769,473 -  
Japanese Yen BZWS Sell 9,408,100,000 79,714,799   2/25/16 3,108,160 -  
Japanese Yen HSBK Sell 6,688,700,000 56,700,236   2/25/16 2,236,654 -  
Mexican Peso CITI Buy 645,757,100 41,801,987   2/25/16 - (3,076,969 )
Euro BOFA Sell 143,335,694 163,664,995   2/26/16 11,804,529 -  
Euro BZWS Sell 411,968,926 470,110,101   2/26/16 33,639,662 -  
Euro GSCO Sell 305,100,791 353,886,408   2/26/16 30,639,998 -  
Japanese Yen BZWS Sell 29,025,800,000 244,541,051   2/26/16 8,190,229 -  
Chilean Peso DBAB Buy 71,481,797,500 99,012,116   2/29/16 572,328 -  

 


 

Templeton Income Trust              
Statement of Investments, November 30, 2015 (unaudited) (continued)      
Euro HSBK Sell 195,181,803 223,389,477   2/29/16 16,581,136 -  
Indian Rupee CITI Buy 3,154,839,000 44,139,488 EUR 2/29/16 - (4,211 )
Indian Rupee DBAB Buy 37,183,634,938 519,797,846 EUR 2/29/16 416,570 -  
Japanese Yen BZWS Sell 42,387,239,840 358,882,387   2/29/16 13,707,930 -  
Japanese Yen HSBK Sell 14,893,097,250 124,701,476   2/29/16 3,421,657 -  
Malaysian Ringgit JPHQ Buy 227,033,719 53,219,344   2/29/16 19,177 -  
Mexican Peso MSCO Buy 274,416,700 17,767,349   2/29/16 - (1,315,242 )
Chilean Peso DBAB Buy 26,203,031,000 36,524,994   3/02/16 - (28,108 )
Euro DBAB Sell 88,663,500 99,932,631   3/02/16 5,981,573 -  
Japanese Yen JPHQ Sell 12,728,600,000 107,416,612   3/03/16 3,753,239 -  
Japanese Yen HSBK Sell 9,813,450,000 82,552,681   3/04/16 2,628,142 -  
Euro HSBK Buy 29,251,000 33,241,275   3/09/16 - (2,238,841 )
Euro HSBK Sell 29,251,000 32,524,187   3/09/16 1,521,753 -  
Japanese Yen BZWS Sell 35,663,421,500 299,024,211   3/09/16 8,521,567 -  
Japanese Yen MSCO Sell 6,405,061,130 53,681,944   3/09/16 1,508,397 -  
Euro CITI Sell 109,690,000 120,362,837   3/10/16 4,101,274 -  
Euro MSCO Sell 82,877,000 90,845,624   3/10/16 3,003,436 -  
Singapore Dollar GSCO Buy 87,786,250 61,756,068   3/10/16 262,002 -  
Singapore Dollar GSCO Sell 87,786,250 61,882,314   3/10/16 - (135,756 )
Mexican Peso CITI Buy 1,553,290,800 97,560,551   3/11/16 - (4,511,609 )
Mexican Peso CITI Buy 285,979,900 17,816,397   3/14/16 - (688,733 )
Mexican Peso JPHQ Buy 1,456,663,741 90,752,211   3/14/16 - (3,510,948 )
Euro CITI Sell 6,192,249 6,634,995   3/16/16 70,493 -  
Japanese Yen CITI Sell 8,267,822,900 68,829,809   3/16/16 1,467,901 -  
Mexican Peso CITI Buy 267,082,700 16,761,811   3/18/16 - (770,636 )
Mexican Peso JPHQ Buy 1,108,360,000 69,642,476   3/18/16 - (3,281,086 )
Euro BZWS Sell 58,343,508 66,301,562   3/21/16 4,440,676 -  
Malaysian Ringgit HSBK Buy 116,686,000 30,654,407   3/21/16 - (3,313,986 )
Malaysian Ringgit HSBK Sell 116,686,000 27,167,870   3/21/16 - (172,551 )
Japanese Yen CITI Sell 25,386,870,000 211,071,785   3/22/16 4,193,554 -  
Japanese Yen MSCO Sell 12,384,230,000 102,949,690   3/22/16 2,030,294 -  
Euro BZWS Sell 4,383,502 4,709,678   3/23/16 61,606 -  
Mexican Peso CITI Buy 1,615,454,200 103,034,301   3/23/16 - (6,347,027 )
Singapore Dollar HSBK Buy 240,069,100 171,334,130   3/23/16 - (1,785,623 )
Euro BZWS Sell 87,741,063 98,084,857   3/24/16 5,045,085 -  
Japanese Yen DBAB Sell 6,258,238,000 52,121,579   3/24/16 1,119,817 -  
Japanese Yen BZWS Sell 17,003,283,330 143,540,921   3/28/16 4,954,443 -  
Malaysian Ringgit HSBK Buy 145,031,000 38,380,174   3/28/16 - (4,407,404 )
Malaysian Ringgit HSBK Sell 145,031,000 33,751,687   3/28/16 - (221,083 )
Euro BOFA Sell 856,834,289 946,305,723   3/29/16 37,579,983 -  
Euro CITI Sell 7,237,832 8,173,720   3/29/16 497,552 -  
Japanese Yen JPHQ Sell 8,250,436,116 68,642,091   3/29/16 1,394,193 -  
Euro BOFA Sell 240,642,023 266,815,452   3/30/16 11,591,452 -  
Euro BZWS Sell 151,820,000 170,619,871   3/31/16 9,594,955 -  
Euro GSCO Sell 102,050,000 112,091,720   3/31/16 3,854,382 -  
Japanese Yen JPHQ Sell 2,117,676,000 17,732,638   3/31/16 470,730 -  
Malaysian Ringgit HSBK Buy 1,546,040,875 327,523,277 EUR 4/01/16 14,704,349 -  
Japanese Yen JPHQ Sell 19,563,250,000 163,323,788   4/07/16 3,821,656 -  
Philippine Peso HSBK Buy 2,511,000,000 53,628,636   4/07/16 - (806,809 )
Euro CITI Sell 108,189,525 120,066,787   4/08/16 5,287,974 -  

 


 

Templeton Income Trust              
Statement of Investments, November 30, 2015 (unaudited) (continued)      
Malaysian Ringgit HSBK Buy 93,511,500 25,008,424   4/11/16 - (3,115,560 )
Malaysian Ringgit HSBK Sell 93,511,500 21,739,277   4/11/16 - (153,587 )
Euro DBAB Sell 113,621,500 123,032,769   4/13/16 2,471,638 -  
Euro JPHQ Sell 34,212,000 38,957,547   4/13/16 2,655,989 -  
Euro SCNY Sell 66,994,000 71,899,636   4/13/16 813,860 -  
Japanese Yen CITI Sell 6,890,100,000 57,675,116   4/13/16 1,488,420 -  
Mexican Peso CITI Buy 618,239,190 39,896,180   4/13/16 - (2,950,811 )
Euro JPHQ Buy 214,266,000 246,984,418   4/14/16 - (19,624,389 )
Euro JPHQ Sell 214,266,000 228,968,933   4/14/16 1,608,904 -  
Euro HSBK Buy 117,406,000 133,531,714   4/18/16 - (8,934,773 )
Euro HSBK Sell 117,406,000 125,096,093   4/18/16 499,152 -  
Japanese Yen BZWS Sell 2,679,000,000 22,623,823   4/18/16 773,925 -  
Euro DBAB Sell 107,566,000 119,097,075   4/27/16 4,909,551 -  
Malaysian Ringgit JPHQ Buy 19,310,000 5,183,753   4/27/16 - (665,671 )
Malaysian Ringgit JPHQ Sell 19,310,000 4,478,200   4/27/16 - (39,882 )
Australian Dollar JPHQ Sell 248,603,352 178,000,000   4/28/16 - (477,446 )
Euro DBAB Sell 175,760,000 194,865,112   4/28/16 8,279,674 -  
Euro BZWS Sell 41,793,000 45,678,286   4/29/16 1,309,728 -  
Euro DBAB Sell 189,168,918 209,618,078   4/29/16 8,791,334 -  
Euro GSCO Sell 139,330,000 154,528,116   4/29/16 6,611,690 -  
Euro SCNY Sell 236,418,000 260,367,143   4/29/16 9,379,520 -  
Singapore Dollar MSCO Buy 82,778,200 58,841,484   4/29/16 - (430,784 )
Mexican Peso CITI Buy 1,132,383,200 67,151,942   5/03/16 418,791 -  
Euro BOFA Sell 119,224,000 132,004,813   5/04/16 5,412,952 -  
Euro BZWS Sell 202,926,342 228,205,384   5/05/16 12,731,525 -  
Euro BZWS Sell 79,210,113 86,404,372   5/06/16 2,293,746 -  
Japanese Yen BZWS Sell 6,464,800,000 53,395,003   5/06/16 638,092 -  
Japanese Yen SCNY Sell 12,949,800,000 107,272,705   5/06/16 1,594,038 -  
South Korean Won JPHQ Buy 861,667,250,000 91,656,977,981 JPY 5/06/16 - (7,781,142 )
Euro BZWS Sell 78,607,000 88,071,283   5/09/16 4,592,971 -  
Euro GSCO Sell 226,520,861 247,591,831   5/09/16 7,033,370 -  
Malaysian Ringgit DBAB Buy 427,337,301 97,356,655 EUR 5/10/16 - (3,456,078 )
South Korean Won DBAB Buy 228,000,000,000 24,077,809,341 JPY 5/10/16 - (666,895 )
Euro BZWS Sell 131,886,000 142,211,355   5/12/16 2,138,707 -  
Euro GSCO Sell 316,018,000 339,861,558   5/12/16 4,227,161 -  
Euro MSCO Sell 178,075,514 192,449,769   5/12/16 3,320,455 -  
Euro SCNY Sell 39,305,000 42,211,998   5/12/16 467,192 -  
Euro UBSW Sell 96,724,000 104,476,429   5/12/16 1,748,415 -  
Japanese Yen GSCO Sell 16,608,958,000 135,355,712   5/12/16 - (209,794 )
Japanese Yen SCNY Sell 12,414,879,000 101,093,012   5/12/16 - (239,615 )
South Korean Won JPHQ Buy 743,500,000,000 78,469,656,992 JPY 5/12/16 - (1,847,102 )
Euro GSCO Sell 305,905,000 330,967,797   5/16/16 6,032,042 -  
Euro MSCO Sell 231,893,680 249,755,291   5/16/16 3,435,198 -  
Japanese Yen SCNY Sell 9,153,053,700 74,882,631   5/16/16 164,179 -  
Euro UBSW Sell 180,000,000 194,139,000   5/17/16 2,934,766 -  
Australian Dollar JPHQ Sell 897,312,000 635,296,896   5/18/16 - (8,301,208 )
Euro BZWS Sell 205,897,795 236,494,207   5/18/16 17,773,064 -  
Japanese Yen BOFA Sell 42,218,712,250 344,926,938   5/18/16 264,178 -  
Japanese Yen CITI Sell 42,148,693,500 356,467,300   5/18/16 12,376,155 -  
Euro DBAB Sell 126,551,139 135,356,568   5/19/16 919,446 -  

 


 

Templeton Income Trust              
Statement of Investments, November 30, 2015 (unaudited) (continued)      
Euro UBSW Sell 59,525,000 63,729,251   5/19/16 494,975 -  
Japanese Yen BOFA Sell 42,084,293,750 353,845,778   5/19/16 10,269,489 -  
Japanese Yen BZWS Sell 42,198,117,500 354,725,265   5/19/16 10,219,718 -  
Japanese Yen CITI Sell 13,358,646,000 108,987,893   5/19/16 - (72,130 )
Japanese Yen HSBK Sell 42,232,203,900 356,736,106   5/19/16 11,952,278 -  
Euro BZWS Sell 449,792,000 481,963,373   5/20/16 4,127,285 -  
Japanese Yen JPHQ Sell 9,694,306,000 81,624,919   5/20/16 2,478,071 -  
Malaysian Ringgit HSBK Buy 632,620,000 172,757,312   5/20/16 - (24,869,198 )
Euro BZWS Sell 251,880,551 282,490,335   5/23/16 14,879,263 -  
Euro DBAB Sell 145,693,000 163,251,920   5/23/16 8,460,057 -  
Malaysian Ringgit HSBK Buy 36,030,800 9,731,479   5/23/16 - (1,309,493 )
Euro GSCO Sell 202,057,000 217,174,905   5/24/16 2,492,022 -  
South Korean Won JPHQ Buy 743,500,000,000 77,683,394,456 JPY 5/24/16 4,225,519 -  
Japanese Yen HSBK Sell 2,816,138,000 23,042,302   5/25/16 46,972 -  
Euro BZWS Sell 449,846,411 523,969,853   5/26/16 45,983,024 -  
Euro JPHQ Buy 37,226,387 42,951,805   5/26/16 - (3,396,699 )
Euro JPHQ Sell 37,226,387 41,731,338   5/26/16 2,176,232 -  
Japanese Yen BZWS Sell 12,841,448,000 109,056,883   5/26/16 4,196,005 -  
Japanese Yen SCNY Sell 11,809,161,000 99,621,740   5/26/16 3,190,325 -  
Mexican Peso HSBK Buy 531,511,160 34,084,338   5/26/16 - (2,421,870 )
Euro BZWS Sell 50,325,351 54,886,841   5/31/16 1,403,736 -  
Malaysian Ringgit HSBK Buy 148,382,600 40,103,405   5/31/16 - (5,431,819 )
Mexican Peso HSBK Buy 475,193,807 30,072,702   5/31/16 - (1,776,426 )
Mexican Peso JPHQ Buy 1,552,000,000 98,430,316   5/31/16 - (6,013,662 )
Euro BZWS Sell 165,594,422 184,211,375   6/06/16 8,185,920 -  
Euro DBAB Sell 196,930,000 220,721,113   6/06/16 11,386,207 -  
Euro HSBK Buy 406,025,025 462,350,847   6/06/16 - (30,749,717 )
Euro HSBK Sell 406,025,025 460,286,209   6/06/16 28,685,080 -  
Mexican Peso CITI Buy 1,672,699,230 105,184,671   6/06/16 - (5,631,270 )
Euro GSCO Sell 102,043,700 116,198,182   6/08/16 7,718,277 -  
Japanese Yen CITI Sell 28,538,800,000 231,654,189   6/08/16 - (1,499,302 )
Mexican Peso CITI Buy 1,670,822,000 104,593,070   6/08/16 - (5,168,201 )
Japanese Yen BZWS Sell 35,594,850,000 286,648,386   6/10/16 - (4,172,752 )
Japanese Yen CITI Sell 12,207,090,000 98,384,767   6/10/16 - (1,351,004 )
Japanese Yen HSBK Sell 37,908,340,000 305,798,734   6/10/16 - (3,924,347 )
Euro GSCO Sell 104,415,800 118,924,375   6/13/16 7,901,454 -  
Japanese Yen DBAB Sell 12,553,300,000 101,938,350   6/13/16 - (637,612 )
Mexican Peso CITI Buy 1,708,391,910 107,696,647   6/13/16 - (6,079,055 )
Euro DBAB Sell 70,474,000 80,307,942   6/15/16 5,368,804 -  
Japanese Yen CITI Sell 4,208,470,000 34,312,562   6/16/16 - (79,706 )
Australian Dollar CITI Sell 245,796,300 186,991,993   6/20/16 10,944,187 -  
Australian Dollar JPHQ Sell 615,570,000 467,051,426   6/20/16 26,158,914 -  
Euro BZWS Sell 19,959,932 22,921,487   6/22/16 1,691,216 -  
Japanese Yen DBAB Sell 24,749,910,000 202,536,088   6/22/16 230,440 -  
Mexican Peso CITI Buy 1,314,260,000 83,940,729   6/22/16 - (5,826,047 )
Malaysian Ringgit HSBK Buy 167,392,229 43,934,968   6/23/16 - (4,867,718 )
Japanese Yen BZWS Sell 11,637,164,000 94,910,095   6/30/16 - (240,602 )
Japanese Yen JPHQ Sell 19,563,250,000 163,707,835   7/07/16 3,707,833 -  
Mexican Peso CITI Buy 3,482,973,187 215,031,529   7/08/16 - (8,295,848 )
Euro JPHQ Sell 117,193,824 130,563,295   7/11/16 5,819,742 -  

 


 

Templeton Income Trust              
Statement of Investments, November 30, 2015 (unaudited) (continued)      
Mexican Peso CITI Buy 922,449,101 56,664,973   7/11/16 - (1,925,840 )
Euro JPHQ Sell 34,212,000 39,042,734   7/13/16 2,623,969 -  
Euro MSCO Sell 100,845,000 111,332,880   7/18/16 3,962,479 -  
Euro MSCO Sell 94,240,000 103,018,456   7/22/16 2,665,019 -  
Malaysian Ringgit JPHQ Buy 213,250,000 5,893,675,550 JPY 7/22/16 1,466,695 -  
Malaysian Ringgit JPHQ Sell 213,250,000 5,884,996,275 JPY 7/22/16 - (1,537,719 )
Euro DBAB Sell 89,314,817 98,491,021   7/25/16 3,371,301 -  
Japanese Yen CITI Sell 14,729,205,625 119,751,586   7/25/16 - (794,193 )
Euro BZWS Sell 69,060,000 76,276,079   7/28/16 2,719,129 -  
Euro CITI Sell 97,037,945 107,152,695   7/28/16 3,795,972 -  
Euro GSCO Sell 236,417,000 260,678,113   7/28/16 8,866,448 -  
Euro BZWS Sell 8,238,187 9,180,636   7/29/16 405,669 -  
Euro DBAB Buy 2,245,099 2,602,198   7/29/16 - (210,814 )
Euro DBAB Sell 2,245,099 2,512,491   7/29/16 121,106 -  
Euro JPHQ Sell 236,418,000 263,674,631   7/29/16 11,852,220 -  
Japanese Yen BZWS Sell 13,069,570,000 106,998,260   7/29/16 19,077 -  
Malaysian Ringgit JPHQ Buy 6,585,000 1,672,169   7/29/16 - (138,148 )
Malaysian Ringgit JPHQ Sell 6,585,000 1,516,757   7/29/16 - (17,264 )
Mexican Peso CITI Buy 1,772,466,150 106,208,199   7/29/16 - (1,187,420 )
Euro BZWS Sell 21,388,935 23,610,818   8/05/16 822,099 -  
Euro DBAB Sell 72,100,000 80,292,723   8/05/16 3,474,191 -  
Euro HSBK Buy 236,418,000 274,717,716   8/05/16 - (22,827,513 )
Euro HSBK Sell 236,418,000 260,981,830   8/05/16 9,091,627 -  
Euro MSCO Sell 8,856,901 9,774,653   8/05/16 338,119 -  
Mexican Peso CITI Buy 2,260,406,280 136,374,436   8/05/16 - (2,521,443 )
Japanese Yen MSCO Sell 1,969,700,000 15,906,806   8/08/16 - (221,968 )
Malaysian Ringgit HSBK Buy 518,518,000 129,338,488   8/08/16 - (8,608,030 )
Malaysian Ringgit JPHQ Buy 13,600,000 3,397,452   8/08/16 - (230,861 )
Malaysian Ringgit JPHQ Sell 13,600,000 3,130,035   8/08/16 - (36,556 )
Mexican Peso CITI Buy 2,526,643,000 150,444,202   8/08/16 - (863,378 )
Euro CITI Sell 188,712,223 207,272,070   8/10/16 6,171,044 -  
Japanese Yen CITI Sell 8,636,095,000 69,909,215   8/10/16 - (812,264 )
Malaysian Ringgit DBAB Buy 427,337,301 96,375,206 EUR 8/10/16 - (3,212,184 )
Mexican Peso MSCO Buy 1,342,789,000 79,728,595   8/10/16 - (246,958 )
South Korean Won HSBK Buy 184,000,000,000 19,360,065,655 JPY 8/10/16 - (607,584 )
Euro DBAB Sell 226,679,000 250,241,149   8/11/16 8,671,566 -  
Euro JPHQ Sell 295,609,000 325,317,705   8/11/16 10,290,098 -  
South Korean Won HSBK Buy 184,161,000,000 19,404,159,817 JPY 8/12/16 - (844,636 )
Euro MSCO Sell 144,241,714 162,858,271   8/15/16 9,117,638 -  
Singapore Dollar DBAB Buy 54,530,000 38,767,240   8/15/16 - (387,004 )
Singapore Dollar DBAB Sell 54,530,000 38,535,741   8/15/16 155,505 -  
Euro MSCO Sell 144,241,718 161,722,372   8/17/16 7,969,904 -  
Mexican Peso DBAB Buy 1,413,199,480 83,762,031   8/17/16 - (161,883 )
Mexican Peso MSCO Buy 123,499,000 7,341,517   8/17/16 - (35,730 )
Singapore Dollar BZWS Buy 112,084,000 79,678,681   8/17/16 - (793,506 )
Singapore Dollar BZWS Sell 112,084,000 79,230,905   8/17/16 345,731 -  
Singapore Dollar DBAB Buy 95,420,000 68,040,502   8/17/16 - (883,519 )
Singapore Dollar DBAB Sell 95,420,000 67,417,953   8/17/16 260,970 -  
Singapore Dollar HSBK Buy 84,114,500 59,804,124   8/17/16 - (603,997 )
Euro BZWS Sell 186,465,000 208,742,906   8/18/16 9,975,466 -  

 


 

Templeton Income Trust              
Statement of Investments, November 30, 2015 (unaudited) (continued)      
Euro JPHQ Sell 142,058,430 159,072,768   8/18/16 7,641,720 -  
Japanese Yen DBAB Sell 9,637,940,000 78,285,951   8/18/16 - (663,445 )
Euro JPHQ Sell 207,184,000 230,775,006   8/22/16 9,887,589 -  
Japanese Yen HSBK Sell 19,192,069,750 155,754,502   8/22/16 - (1,481,416 )
Japanese Yen JPHQ Sell 4,331,618,000 35,148,824   8/22/16 - (339,060 )
Mexican Peso HSBK Buy 1,789,454,960 105,666,074   8/22/16 147,646 -  
Japanese Yen BZWS Sell 4,322,430,000 35,262,115   8/24/16 - (153,159 )
Mexican Peso DBAB Buy 1,242,200,000 72,101,460   8/24/16 1,339,747 -  
Euro DBAB Sell 149,427,000 171,093,915   8/25/16 11,765,226 -  
Euro JPHQ Sell 204,801,000 234,486,905   8/25/16 16,114,891 -  
Euro SCNY Sell 211,027,544 245,817,544   8/26/16 20,797,729 -  
Japanese Yen JPHQ Sell 8,617,736,000 73,148,823   8/26/16 2,535,200 -  
Euro JPHQ Sell 69,055,954 79,428,158   8/29/16 5,783,618 -  
Japanese Yen DBAB Sell 8,644,374,000 72,672,333   8/29/16 1,831,176 -  
Japanese Yen JPHQ Sell 10,357,462,000 87,038,593   8/29/16 2,158,578 -  
Mexican Peso CITI Buy 1,412,593,600 80,215,423   8/29/16 3,263,557 -  
Mexican Peso HSBK Buy 545,438,860 31,147,822   8/29/16 1,085,567 -  
Euro DBAB Sell 60,147,806 68,027,169   8/31/16 3,877,007 -  
Japanese Yen JPHQ Sell 6,909,339,000 57,818,011   8/31/16 1,190,632 -  
Philippine Peso JPHQ Buy 2,519,000,000 52,761,661   8/31/16 - (224,728 )
Euro JPHQ Sell 65,175,000 73,845,556   9/06/16 4,315,169 -  
Mexican Peso CITI Buy 1,158,913,000 66,352,513   9/06/16 2,086,380 -  
Mexican Peso HSBK Buy 615,247,100 35,222,390   9/06/16 1,110,648 -  
Singapore Dollar DBAB Buy 109,530,000 77,406,360   9/19/16 - (366,777 )
Singapore Dollar DBAB Sell 109,530,000 77,332,580   9/19/16 292,997 -  
Japanese Yen BZWS Sell 24,270,000,000 203,547,616   9/20/16 4,462,616 -  
Mexican Peso HSBK Buy 1,303,182,600 73,429,080   9/28/16 3,379,936 -  
Mexican Peso HSBK Buy 603,492,100 34,481,322   9/30/16 1,081,954 -  
Euro DBAB Sell 70,450,000 79,862,120   10/03/16 4,614,050 -  
Euro DBAB Sell 67,415,000 76,253,107   10/07/16 4,233,936 -  
Japanese Yen JPHQ Sell 19,563,250,000 164,195,609   10/07/16 3,600,612 -  
Euro DBAB Sell 319,800,000 362,573,250   10/11/16 20,871,462 -  
Euro GSCO Sell 102,935,000 116,637,707   10/11/16 6,653,112 -  
Japanese Yen HSBK Sell 38,917,825,000 327,494,635   10/11/16 7,961,851 -  
Euro JPHQ Sell 34,536,000 39,513,328   10/13/16 2,608,819 -  
Japanese Yen BZWS Sell 19,705,372,000 165,863,154   10/13/16 4,059,086 -  
Japanese Yen DBAB Sell 19,434,250,000 163,629,283   10/13/16 4,051,444 -  
Malaysian Ringgit JPHQ Buy 1,260,410,373 262,722,329 EUR 10/17/16 11,683,291 -  
Australian Dollar BOFA Sell 626,000,000 450,031,400   10/20/16 3,824,676 -  
Australian Dollar JPHQ Sell 388,000,000 278,684,880   10/20/16 2,122,246 -  
Mexican Peso DBAB Buy 1,955,968,680 115,158,592   10/21/16 - (108,506 )
Japanese Yen BZWS Sell 9,218,756,500 77,626,731   10/24/16 1,893,614 -  
Mexican Peso CITI Buy 629,982,970 36,966,493   10/24/16 79,306 -  
Mexican Peso DBAB Buy 1,798,400,870 105,371,141   10/24/16 382,824 -  
Euro BZWS Sell 280,805,419 312,613,653   10/27/16 12,363,469 -  
Malaysian Ringgit JPHQ Buy 913,144,316 190,139,368 EUR 10/31/16 8,408,138 -  
Euro DBAB Sell 11,263,065 12,544,802   11/04/16 497,523 -  
Euro DBAB Sell 150,605,000 166,028,358   11/07/16 4,915,664 -  
Japanese Yen BOFA Sell 6,474,170,000 53,982,006   11/07/16 763,419 -  
Indonesian Rupiah JPHQ Buy 2,084,500,000,000 194,649,360 AUD 11/08/16 - (157,855 )

 


 

Templeton Income Trust                  
Statement of Investments, November 30, 2015 (unaudited) (continued)          
Euro DBAB Sell 70,759,000 77,799,521   11/09/16   2,096,935   -  
Indonesian Rupiah JPHQ Buy 1,504,000,000,000 100,000,000   11/09/16   -   (101,880 )
Indonesian Rupiah JPHQ Buy 2,379,490,000,000 222,174,603 AUD 11/09/16   -   (196,392 )
Japanese Yen CITI Sell 9,190,446,650 76,357,981   11/09/16   804,612   -  
Mexican Peso CITI Buy 666,525,500 39,094,698   11/09/16   44,747   -  
Indonesian Rupiah JPHQ Buy 2,379,490,000,000 222,153,861 AUD 11/10/16   -   (212,578 )
Euro CITI Sell 58,869,509 63,629,109   11/14/16   632,654   -  
Euro DBAB Sell 377,328,000 410,842,273   11/14/16   7,062,345   -  
Euro JPHQ Sell 101,421,123 109,607,329   11/14/16   1,076,253   -  
Indonesian Rupiah JPHQ Buy 7,560,000,000,000 500,000,000   11/14/16   1,562,610   -  
Indonesian Rupiah JPHQ Buy 1,823,573,000,000 170,157,040 AUD 11/14/16   -   (189,814 )
Japanese Yen CITI Sell 24,889,202,000 204,529,559   11/14/16   -   (125,816 )
Japanese Yen HSBK Sell 6,367,072,000 52,281,250   11/14/16   -   (73,000 )
Japanese Yen JPHQ Sell 9,028,069,000 74,072,817   11/14/16   -   (161,899 )
Mexican Peso CITI Buy 1,341,351,000 77,573,832   11/14/16   1,157,785   -  
Indonesian Rupiah JPHQ Buy 1,393,097,000,000 129,940,957 AUD 11/15/16   -   (128,548 )
Japanese Yen CITI Sell 12,414,890,000 102,327,550   11/16/16   235,236   -  
Japanese Yen MSCO Sell 3,400,000,000 28,010,051   11/16/16   50,571   -  
Euro DBAB Sell 102,118,400 110,974,108   11/17/16   1,682,276   -  
Euro DBAB Sell 69,738,000 75,683,165   11/18/16   1,043,010   -  
Japanese Yen DBAB Sell 10,792,263,000 88,871,291   11/18/16   114,686   -  
Euro DBAB Sell 133,816,000 144,394,155   11/21/16   1,152,574   -  
Japanese Yen CITI Sell 15,005,634,000 123,102,949   11/21/16   -   (321,019 )
Malaysian Ringgit JPHQ Buy 903,500,000 24,755,900,000 JPY 11/22/16   5,663,719   -  
Euro MSCO Sell 158,886,676 171,440,591   11/25/16   1,332,130   -  
Mexican Peso CITI Buy 1,775,831,900 104,368,610   11/25/16   -   (235,618 )
Euro DBAB Sell 277,024,466 299,203,045   11/28/16   2,573,367   -  
Euro GSCO Sell 203,544,000 218,229,700   12/02/16   241,906   -  
Total Forward Exchange Contracts           $ 1,694,444,591 $ (552,506,563 )
Net unrealized appreciation (depreciation)           $ 1,141,938,028      
 
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, November 30, 2015 (unaudited) (continued)

At November 30, 2015, the Fund had the following interest rate swap contracts outstanding. See Note 3.

Interest Rate Swap Contracts                  
 
      Notional Expiration   Unrealized   Unrealized  
Description Exchange   Amount Date   Appreciation   Depreciation  
Centrally Cleared Swap Contracts                  
Receive Floating rate 3-month USD BBA LCH $ 3,657,620,000 10/17/17 $ - $ (880,112 )
LIBOR Pay Fixed rate 0.926%                  
Receive Floating rate 3-month USD BBA LCH   2,081,160,000 1/22/25   3,652,828   -  
LIBOR Pay Fixed rate 1.914%                  
Receive Floating rate 3-month USD BBA LCH   2,601,430,000 1/23/25   -   (8,110,499 )
LIBOR Pay Fixed rate 1.970%                  
Receive Floating rate 3-month USD BBA LCH   1,535,390,000 1/27/25   -   (4,856,830 )
LIBOR Pay Fixed rate 1.973%                  
Receive Floating rate 3-month USD BBA LCH   383,800,000 1/29/25   54,962   -  
LIBOR Pay Fixed rate 1.937%                  
Receive Floating rate 3-month USD BBA LCH   325,000,000 1/30/25   -   (59,946 )
LIBOR Pay Fixed rate 1.942%                  
Receive Floating rate 3-month USD BBA LCH   514,670,000 2/03/25   5,764,363   -  
LIBOR Pay Fixed rate 1.817%                  
Receive Floating rate 3-month USD BBA LCH   39,700,000 3/27/25   45,397   -  
LIBOR Pay Fixed rate 1.978%                  
Receive Floating rate 3-month USD BBA LCH   39,700,000 3/27/25   19,675   -  
LIBOR Pay Fixed rate 1.985%                  
Receive Floating rate 3-month USD BBA LCH   893,410,000 7/22/25   -   (39,821,597 )
LIBOR Pay Fixed rate 2.450%                  
Receive Floating rate 3-month USD BBA LCH   101,430,000 7/23/25   -   (4,401,125 )
LIBOR Pay Fixed rate 2.439%                  
Receive Floating rate 3-month USD BBA CME   798,605,000 7/24/25   -   (31,743,177 )
LIBOR Pay Fixed rate 2.400%                  
Receive Floating rate 3-month USD BBA LCH   385,470,000 7/22/45   -   (34,018,231 )
LIBOR Pay Fixed rate 2.890%                  
Receive Floating rate 3-month USD BBA LCH   54,025,000 7/24/45   -   (4,416,256 )
LIBOR Pay Fixed rate 2.861%                  
Receive Floating rate 3-month USD BBA LCH   1,057,400,000 8/24/45   -   (16,618,943 )
LIBOR Pay Fixed rate 2.574%                  
Total Interest Rate Swap Contracts         $ 9,537,225 $ (144,926,716 )
Net unrealized appreciation (depreciation)           $ (135,389,491 )

 

ABBREVIATIONS
 
Currency/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

 


 

Templeton Income Trust
 
Statement of Investments, November 30, 2015 (unaudited) (continued)
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
GDP Gross Domestic Product

 


 

Templeton Income Trust        
 
Statement of Investments, November 30, 2015 (unaudited)        
 
 
Templeton Global Total Return Fund                      Shares/Warrants Value
Common Stocks and Other Equity Interests 0.0%        
South Africa 0.0%        
a,sEdcon Holdings Ltd., F wts., 2/20/49 22,026   $
a,sEdcon Holdings Ltd., F1 wts., 2/20/49 394,125,656    
a,sEdcon Holdings Ltd., F2 wts., 2/20/49 31,895,811    
 
       
United Kingdom 0.0%        
aCEVA Holdings LLC 920     473,568
 
Total Common Stocks and Other Equity Interests (Cost $1,314,622)       473,568
Convertible Preferred Stocks 0.0%        
United Kingdom 0.0%        
aCEVA Holdings LLC, cvt. pfd., A-1 37     25,900
aCEVA Holdings LLC, cvt. pfd., A-2 1,991     1,025,149
Total Convertible Preferred Stocks (Cost $2,895,379)       1,051,049
           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     46,287,284
 
Foreign Government and Agency Securities 72.0%        
Bosnia & Herzegovina 0.0%        
b,cGovernment of Bosnia & Herzegovina, senior bond, B, Reg S, FRN, 0.875%, 12/11/21 189,583   DEM 87,124
 
Brazil 8.2%        
Letra Tesouro Nacional, Strip,        
1/01/16                                  122,340d BRL 31,260,581
7/01/16                                   14,770d BRL 3,519,122
10/01/16                                    46,650d BRL 10,686,908
e1/01/19                                 382,210d BRL 62,365,043
7/01/19                                  753,760d BRL 114,407,947
Nota Do Tesouro Nacional,        
10.00%, 1/01/17                                     57,615d BRL 14,113,168
e10.00%, 1/01/21                                     234,510d BRL 49,100,106
10.00%, 1/01/23                                   349,440d BRL 69,454,930
e10.00%, 1/01/25                                    316,880d BRL 60,312,308
fIndex Linked, 6.00%, 5/15/17 5,321 d BRL 3,750,071
fIndex Linked, 6.00%, 5/15/19 73,710 d BRL 50,171,100
fIndex Linked, 6.00%, 8/15/20 4,190 d BRL 2,805,365
fIndex Linked, 6.00%, 8/15/22 62,989 d BRL 41,257,403
fIndex Linked, 6.00%, 5/15/23 143,373 d BRL 93,355,999
fIndex Linked, 6.00%, 8/15/24 4,390 d BRL 2,880,659
fIndex Linked, 6.00%, 8/15/50 400 d BRL 244,325
        609,685,035
Croatia 0.1%        
gGovernment of Croatia, 144A, 6.75%, 11/05/19 4,070,000     4,424,945
Ecuador 0.6%        
gGovernment of Ecuador, senior note, 144A, 7.95%, 6/20/24 55,320,000     42,719,210
 
Ghana 1.7%        
Ghana Treasury Note,        
24.25%, 10/09/17 4,890,000   GHS 1,302,915
23.95%, 11/06/17 7,490,000   GHS 1,989,452
Government of Ghana,        
16.90%, 3/07/16 2,390,000   GHS 616,598
19.24%, 5/30/16 33,350,000   GHS 8,578,410
23.00%, 2/13/17 25,490,000   GHS 6,674,389
25.48%, 4/24/17 1,320,000   GHS 355,353

 

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


 

Templeton Income Trust      
 
Statement of Investments, November 30, 2015 (unaudited) (continued)      
24.44%, 5/29/17 34,140,000 GHS 9,105,363
26.00%, 6/05/17 3,110,000 GHS 844,946
25.40%, 7/31/17 11,600,000 GHS 3,131,634
23.00%, 8/21/17 85,849,000 GHS 22,456,743
23.23%, 2/19/18 19,460,000 GHS 5,104,844
22.49%, 4/23/18 5,950,000 GHS 1,541,246
23.47%, 5/21/18 47,670,000 GHS 12,574,844
19.04%, 9/24/18 43,190,000 GHS 10,394,071
24.50%, 10/22/18 71,467,000 GHS 19,232,804
21.00%, 3/23/20 460,000 GHS 111,925
senior note, 24.00%, 11/23/20 94,380,000 GHS 24,835,948
      128,851,485
Hungary 2.0%      
Government of Hungary,      
6.00%, 1/11/19 6,014,000 EUR 7,337,764
5.375%, 2/21/23 35,870,000   39,468,658
A, 6.75%, 11/24/17 10,181,890,000 HUF 38,122,214
senior note, 6.25%, 1/29/20 20,525,000   23,110,945
senior note, 6.375%, 3/29/21 22,040,000   25,279,108
senior note, 5.375%, 3/25/24 10,000,000   11,037,650
bsenior note, Reg S, 5.75%, 6/11/18 2,595,000 EUR 3,080,411
      147,436,750
Iceland 0.1%      
gGovernment of Iceland, 144A, 5.875%, 5/11/22 9,630,000   11,017,346
 
India 3.1%      
Government of India,      
senior bond, 7.80%, 5/03/20 1,786,600,000 INR 26,905,244
senior bond, 8.35%, 5/14/22 527,100,000 INR 8,097,603
senior bond, 8.28%, 9/21/27 539,800,000 INR 8,291,043
senior bond, 8.60%, 6/02/28 1,852,900,000 INR 29,141,174
senior note, 7.28%, 6/03/19 69,400,000 INR 1,032,508
senior note, 8.12%, 12/10/20 1,341,500,000 INR 20,389,880
senior note, 7.16%, 5/20/23 2,481,400,000 INR 35,674,360
senior note, 8.83%, 11/25/23 6,495,900,000 INR 102,531,144
      232,062,956
Indonesia 4.7%      
Government of Indonesia,      
7.875%, 4/15/19 52,415,000,000 IDR 3,741,220
6.125%, 5/15/28 18,838,000,000 IDR 1,091,065
FR31, 11.00%, 11/15/20 35,872,000,000 IDR 2,846,569
FR34, 12.80%, 6/15/21 34,970,000,000 IDR 2,992,393
FR35, 12.90%, 6/15/22 95,624,000,000 IDR 8,363,208
FR36, 11.50%, 9/15/19 33,165,000,000 IDR 2,625,272
FR39, 11.75%, 8/15/23 6,350,000,000 IDR 536,893
FR40, 11.00%, 9/15/25 110,250,000,000 IDR 9,152,305
FR42, 10.25%, 7/15/27 2,150,000,000 IDR 172,109
FR43, 10.25%, 7/15/22 3,593,000,000 IDR 280,480
FR44, 10.00%, 9/15/24 7,250,000,000 IDR 563,336
FR46, 9.50%, 7/15/23 7,100,000,000 IDR 537,568
FR47, 10.00%, 2/15/28 33,169,000,000 IDR 2,615,641
FR52, 10.50%, 8/15/30 24,050,000,000 IDR 1,979,974
FR61, 7.00%, 5/15/22 79,931,000,000 IDR 5,325,363
senior bond, 5.625%, 5/15/23 67,033,000,000 IDR 4,080,848
senior bond, 7.00%, 5/15/27 12,559,000,000 IDR 796,433
senior bond, 9.00%, 3/15/29 543,676,000,000 IDR 40,279,596
senior bond, FR53, 8.25%, 7/15/21 2,031,828,000,000 IDR 145,687,960
senior bond, FR56, 8.375%, 9/15/26 1,321,389,000,000 IDR 94,316,650
senior bond, FR70, 8.375%, 3/15/24 336,116,000,000 IDR 24,051,654
senior note, 8.50%, 10/15/16 3,130,000,000 IDR 226,736
      352,263,273
Ireland 0.7%      
Government of Ireland, senior bond, 5.40%, 3/13/25 37,724,700 EUR 55,369,838

 


 

Templeton Income Trust        
 
Statement of Investments, November 30, 2015 (unaudited) (continued)        
 
Kenya 0.2%        
gGovernment of Kenya, senior note, 144A, 6.875%, 6/24/24 19,534,000     17,861,304
 
Lithuania 0.1%        
gGovernment of Lithuania, 144A, 7.375%, 2/11/20 8,590,000     10,250,318
 
Malaysia 4.0%        
Government of Malaysia,        
3.314%, 10/31/17 226,300,000   MYR 53,502,325
senior bond, 4.262%, 9/15/16 262,538,000   MYR 62,429,743
senior bond, 3.814%, 2/15/17 92,430,000   MYR 21,990,072
senior note, 3.172%, 7/15/16 257,876,000   MYR 60,759,932
senior note, 3.394%, 3/15/17 153,994,000   MYR 36,467,240
senior note, 4.012%, 9/15/17 271,310,000   MYR 64,941,149
        300,090,461
Mexico 11.4%        
Government of Mexico,        
7.25%, 12/15/16                  54,283,250h      MXN 339,530,983
7.75%, 12/14/17                  53,274,160h       MXN 344,093,274
senior note, 8.50%, 12/13/18 22,554,300 h MXN 150,182,679
iMexican Udibonos, Index Linked,        
5.00%, 6/16/16 836,564 j MXN 5,158,959
3.50%, 12/14/17 844,605 j MXN 5,318,237
4.00%, 6/13/19 581,188 j MXN 3,739,266
2.50%, 12/10/20 458,218 j MXN 2,763,083
        850,786,481
Philippines 2.1%        
Government of the Philippines,        
senior bond, 9.125%, 9/04/16 126,690,000   PHP 2,790,833
senior note, 7.00%, 1/27/16 516,430,000   PHP 11,012,159
senior note, 1.625%, 4/25/16 6,699,570,000   PHP 141,652,082
        155,455,074
Poland 2.5%        
Government of Poland,        
5.00%, 4/25/16 304,780,000   PLN 76,473,917
4.75%, 10/25/16 293,705,000   PLN 74,765,800
4.75%, 4/25/17 9,170,000   PLN 2,368,844
cFRN, 1.79%, 1/25/17 64,309,000   PLN 15,918,362
cFRN, 1.79%, 1/25/21 55,199,000   PLN 13,414,244
        182,941,167
Portugal 2.6%        
Government of Portugal,        
g144A, 5.125%, 10/15/24 179,860,000     186,898,821
bsenior bond, Reg S, 4.95%, 10/25/23 1,419,700   EUR 1,823,426
bsenior bond, Reg S, 5.65%, 2/15/24 3,549,500   EUR 4,735,931
        193,458,178
Serbia 4.0%        
gGovernment of Serbia, senior note, 144A,        
4.875%, 2/25/20 45,960,000     47,479,208
7.25%, 9/28/21 29,790,000     34,105,677
Serbia Treasury Bond, 8.00%, 10/22/20 1,033,750,000   RSD 9,641,724
Serbia Treasury Note,        
10.00%, 12/06/15 123,700,000   RSD 1,079,744
10.00%, 1/30/16 104,830,000   RSD 924,327
10.00%, 2/21/16 4,619,000,000   RSD 40,882,378
10.00%, 5/22/16 273,340,000   RSD 2,456,891
10.00%, 6/27/16 680,370,000   RSD 6,149,341
10.00%, 8/15/16 280,100,000   RSD 2,549,960
10.00%, 10/17/16 156,810,000   RSD 1,440,205
10.00%, 12/19/16 439,100,000   RSD 4,065,369
8.00%, 1/12/17 49,570,000   RSD 450,888
8.00%, 3/23/17 570,360,000   RSD 5,210,738

 


 

Templeton Income Trust      
 
Statement of Investments, November 30, 2015 (unaudited) (continued)      
8.00%, 4/06/17 827,050,000 RSD 7,560,874
10.00%, 5/08/17 149,560,000 RSD 1,405,056
10.00%, 7/10/17 3,418,090,000 RSD 32,289,924
10.00%, 11/08/17 848,160,000 RSD 8,097,821
10.00%, 3/02/18 1,570,870,000 RSD 15,168,482
10.00%, 4/27/18 3,047,410,000 RSD 29,596,940
10.00%, 11/21/18 140,010,000 RSD 1,379,135
10.00%, 8/21/19 2,432,950,000 RSD 24,252,503
10.00%, 3/20/21 470,580,000 RSD 4,702,805
10.00%, 6/05/21 116,150,000 RSD 1,146,943
10.00%, 9/11/21 1,505,120,000 RSD 14,925,358
      296,962,291
Singapore 0.0%      
Government of Singapore, senior note, 1.125%, 4/01/16 2,210,000 SGD 1,567,280
 
Slovenia 1.5%      
gGovernment of Slovenia, senior note, 144A,      
5.50%, 10/26/22 28,380,000   31,922,675
5.85%, 5/10/23 66,680,000   76,509,299
      108,431,974
South Korea 12.9%      
Korea Monetary Stabilization Bond, senior note,      
2.78%, 2/02/16 107,819,740,000 KRW 93,143,824
2.80%, 4/02/16 47,389,180,000 KRW 41,017,809
2.79%, 6/02/16 255,314,170,000 KRW 221,381,538
1.62%, 6/09/16 10,349,900,000 KRW 8,921,507
2.46%, 8/02/16 43,062,100,000 KRW 37,323,580
1.56%, 8/09/16 21,371,000,000 KRW 18,410,268
2.22%, 10/02/16 23,710,100,000 KRW 20,529,893
1.61%, 11/09/16 92,943,300,000 KRW 80,050,577
2.07%, 12/02/16 90,980,300,000 KRW 78,718,230
1.96%, 2/02/17 39,466,600,000 KRW 34,118,923
1.70%, 8/02/17 16,047,900,000 KRW 13,823,993
1.56%, 10/02/17 117,730,100,000 KRW 101,152,348
Korea Treasury Bond, senior note,      
4.00%, 3/10/16 2,835,300,000 KRW 2,460,321
2.75%, 6/10/16 72,972,300,000 KRW 63,268,662
3.00%, 12/10/16 77,855,840,000 KRW 68,000,739
2.00%, 12/10/17 92,761,600,000 KRW 80,365,905
      962,688,117
Sri Lanka 1.3%      
Government of Sri Lanka,      
8.25%, 3/01/17 10,170,000 LKR 71,966
8.00%, 6/15/17 29,570,000 LKR 208,697
10.60%, 7/01/19 441,620,000 LKR 3,267,234
10.60%, 9/15/19 805,410,000 LKR 5,972,577
8.00%, 11/01/19 29,570,000 LKR 202,642
9.25%, 5/01/20 35,270,000 LKR 249,898
11.20%, 7/01/22 89,990,000 LKR 691,522
A, 6.40%, 8/01/16 86,300,000 LKR 601,851
A, 5.80%, 1/15/17 394,700,000 LKR 2,723,481
A, 7.50%, 8/15/18 95,560,000 LKR 657,675
A, 8.00%, 11/15/18 542,330,000 LKR 3,769,428
A, 9.00%, 5/01/21 162,810,000 LKR 1,140,217
A, 11.00%, 8/01/21 83,950,000 LKR 637,958
B, 8.00%, 6/01/16 1,537,000,000 LKR 10,818,734
B, 6.40%, 10/01/16 885,200,000 LKR 6,164,723
B, 5.80%, 7/15/17 973,900,000 LKR 6,641,475
B, 8.50%, 7/15/18 124,950,000 LKR 882,037
C, 8.50%, 4/01/18 510,340,000 LKR 3,613,154
D, 8.50%, 6/01/18 119,600,000 LKR 844,111

 


 

Templeton Income Trust        
 
Statement of Investments, November 30, 2015 (unaudited) (continued)        
 
bsenior note, Reg S, 6.25%, 7/27/21   50,000,000   49,294,000
        98,453,380
Ukraine 3.5%        
gGovernment of Ukraine, 144A,        
7.75%, 9/01/19   8,163,000   7,997,863
7.75%, 9/01/20   30,160,000   29,293,503
7.75%, 9/01/21   30,079,000   28,909,679
7.75%, 9/01/22   30,079,000   28,725,144
7.75%, 9/01/23   30,079,000   28,608,588
7.75%, 9/01/24   30,079,000   28,437,739
7.75%, 9/01/25   30,079,000   28,196,506
7.75%, 9/01/26   30,079,000   28,150,936
7.75%, 9/01/27   30,079,000   27,966,101
rGDP Linked Securities, 5/31/40   60,577,000   28,471,190
        264,757,249
Uruguay 4.7%        
 iGovernment of Uruguay,        
              Index Linked, 4.25%, 4/05/27   253,307,808 UYU 7,771,097
senior bond, Index Linked, 5.00%, 9/14/18   179,848,273 UYU 6,137,008
               senior bond, Index Linked, 4.375%, 12/15/28   3,831,604,227 UYU 116,900,132
senior bond, Index Linked, 4.00%, 7/10/30   132,339,265 UYU 3,892,200
senior bond, Index Linked, 3.70%, 6/26/37   28,204,450 UYU 744,904
              Uruguay Notas del Tesoro,        
             9.50%, 1/27/16   507,279,000 UYU 16,992,758
            11.00%, 3/21/17   765,015,000 UYU 24,667,538
            7, 13.25%, 4/08/18   304,900,000 UYU 9,923,500
           i10, Index Linked, 4.25%, 1/05/17 289,488,471 UYU 9,730,662
           i13, Index Linked, 4.00%, 5/25/25 620,266,959 UYU 19,318,524
          i14, Index Linked, 4.00%, 6/10/20 588,163,260 UYU 19,097,858
         i16, Index Linked, 3.25%, 1/27/19 1,019,985 UYU 33,259
         i17, Index Linked, 2.75%, 6/16/16 358,828,070 UYU 11,981,638
         i18, Index Linked, 2.25%, 8/23/17 180,495,348 UYU 5,842,378
       i19, Index Linked, 2.50%, 9/27/22 191,631,258 UYU 5,555,046
         senior note, 13.90%, 7/29/20   420,202,000 UYU 13,538,982
Uruguay Treasury Bill, Strip,        
             1/14/16   333,423,000 UYU 11,087,236
             3/03/16   217,510,000 UYU 7,109,425
             4/21/16   219,579,000 UYU 7,029,928
            6/09/16   153,250,000 UYU 4,860,368
            7/28/16   281,620,000 UYU 8,755,154
            9/15/16   200,920,000 UYU 6,075,621
           11/03/16   46,340,000 UYU 1,376,054
           2/10/17   329,270,000 UYU 9,467,528
           4/03/17   581,589,000 UYU 16,288,365
           5/19/17   272,740,000 UYU 7,491,891
        351,669,054
Total Foreign Government and Agency Securities (Cost $6,060,712,193)       5,379,290,290
Quasi-Sovereign and Corporate Bonds 4.6%        
Australia 0.1%        
gBarminco Finance Pty. Ltd., senior note, 144A, 9.00%, 6/01/18   2,200,000   1,783,100
gFMG Resources (August 2006) Pty. Ltd., senior secured note, 144A, 9.75%, 3/01/22   8,500,000   8,197,187
        9,980,287
Bermuda 0.1%        
       gDigicel Group Ltd., senior note, 144A, 7.125%, 4/01/22   3,000,000   2,433,750
gDigicel Ltd., senior note, 144A, 6.00%, 4/15/21   6,100,000   5,520,500
        7,954,250
Canada 0.2%        
        CHC Helicopter SA, senior secured note, first lien, 9.25%, 10/15/20   9,450,000   4,583,250
gFirst Quantum Minerals Ltd., senior note, 144A,        
         6.75%, 2/15/20   6,890,000   4,512,950

 


 

Templeton Income Trust      
 
Statement of Investments, November 30, 2015 (unaudited) (continued)      
 
7.00%, 2/15/21 5,000,000   3,203,125
      12,299,325
France 0.1%      
CGG SA, senior note,      
6.50%, 6/01/21 3,400,000   1,861,500
6.875%, 1/15/22 5,700,000   3,131,438
      4,992,938
Germany 0.0%      
gUnitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH, senior secured bond, 1,890,000   2,146,849
first lien, 144A, 5.75%, 1/15/23   EUR  
Italy 0.1%      
gWind Acquisition Finance SA, senior note, 144A, 7.375%, 4/23/21 10,000,000   9,625,000
Luxembourg 0.2%      
ArcelorMittal, senior note, 6.50%, 3/01/21 8,000,000   7,020,000
Intelsat Jackson Holdings SA,      
senior bond, 6.625%, 12/15/22 2,000,000   1,220,000
senior bond, 5.50%, 8/01/23 6,500,000   4,858,750
senior note, 7.50%, 4/01/21 2,000,000   1,670,000
      14,768,750
Mexico 0.1%      
gCemex Finance LLC, senior secured note, first lien, 144A, 6.00%, 4/01/24 8,700,000   8,107,312
Netherlands 0.1%      
gInterGen NV, secured bond, 144A, 7.00%, 6/30/23 9,000,000   7,515,000
Russia 0.1%      
LUKOIL International Finance BV,      
g144A, 6.656%, 6/07/22 430,000   450,906
bReg S, 6.656%, 6/07/22 2,400,000   2,517,984
gsenior note, 144A, 6.125%, 11/09/20 6,180,000   6,422,040
TNK-BP Finance SA,      
gsenior bond, 144A, 7.25%, 2/02/20 590,000   629,825
bsenior note, Reg S, 7.875%, 3/13/18 420,000   451,055
      10,471,810
South Africa 0.4%      
Edcon Ltd.,      
gsecured note, 144A, 9.50%, 3/01/18 2,000,000 EUR 1,336,662
gsenior secured note, 144A, 9.50%, 3/01/18 13,350,000   8,393,813
gsenior secured note, 144A, 9.50%, 3/01/18 7,916,000 EUR 5,332,331
g,ksenior secured note, 144A, PIK, 8.00%, 6/30/19 2,796,812 EUR 2,573,929
g,ksenior secured note, 144A, PIK, 8.00%, 6/30/19 5,593,625 EUR 5,262,593
g,ksenior secured note, 144A, PIK, 12.75%, 6/30/19 8,390,438 EUR 7,893,891
bsenior secured note, first lien, Reg S, 9.50%, 3/01/18 100,000 EUR 67,361
      30,860,580
Sweden 0.1%      
gStena AB, senior bond, 144A, 7.00%, 2/01/24 400,000   351,000
gStena International SA, secured bond, 144A, 5.75%, 3/01/24 6,900,000   6,101,325
      6,452,325
Ukraine 0.1%      
gUkreiximbank, (BIZ Finance PLC), loan participation, senior bond, 144A, 9.75%, 6,430,000   5,895,346
1/22/25      
 
United Kingdom 0.1%      
HSBC Holdings PLC, sub. bond, 6.50%, 9/15/37 300,000   366,051
gVirgin Media Finance PLC, senior bond, 144A, 6.375%, 10/15/24 2,000,000 GBP 3,074,429
      3,440,480
United States 2.8%      
lBank of America Corp., junior sub. bond, M, 8.125% to 5/15/18, FRN thereafter, 4,000,000   4,160,000
Perpetual      
gBMC Software Finance Inc., senior note, 144A, 8.125%, 7/15/21 7,500,000   5,831,250

 


 

Templeton Income Trust    
 
Statement of Investments, November 30, 2015 (unaudited) (continued)    
mCaesars Entertainment Operating Co. Inc., senior secured note, first lien, 11.25%, 3,100,000 2,402,500
6/01/17    
California Resources Corp.,    
senior bond, 6.00%, 11/15/24 3,000,000 1,801,875
senior note, 5.50%, 9/15/21 2,100,000 1,270,500
Calpine Corp., senior bond, 5.75%, 1/15/25 5,000,000 4,700,000
CCO Holdings LLC/CCO Holdings Capital Corp., senior bond, 5.25%, 9/30/22 8,200,000 8,261,500
gCCOH Safari LLC, senior bond, 144A, 5.75%, 2/15/26 2,000,000 2,015,000
Chaparral Energy Inc., senior bond, 8.25%, 9/01/21 11,400,000 2,508,000
Chesapeake Energy Corp., senior note,    
6.625%, 8/15/20 10,500,000 4,987,500
5.75%, 3/15/23 1,700,000 731,000
CHS/Community Health Systems Inc., senior note,    
8.00%, 11/15/19 5,100,000 5,189,250
7.125%, 7/15/20 4,600,000 4,623,000
CIT Group Inc.,    
senior bond, 5.00%, 8/01/23 7,000,000 7,131,250
senior note, 5.00%, 8/15/22 800,000 819,000
Clayton Williams Energy Inc., senior note, 7.75%, 4/01/19 1,500,000 1,410,000
Clear Channel Worldwide Holdings Inc.,    
senior note, 6.50%, 11/15/22 2,000,000 1,975,000
senior sub. note, 7.625%, 3/15/20 4,500,000 4,381,875
DISH DBS Corp., senior note, 5.875%, 7/15/22 8,050,000 7,496,562
Energy XXI Gulf Coast Inc.,    
7.75%, 6/15/19 1,000,000 215,000
senior note, 9.25%, 12/15/17 4,000,000 1,180,000
nErickson Air-Crane Inc., Purchase Price Notes, 6.00%, 11/02/20 19,730 15,850
gFirst Data Corp.,    
second lien, 144A, 5.75%, 1/15/24 9,200,000 9,223,000
senior secured bond, second lien, 144A, 8.25%, 1/15/21 4,000,000 4,185,000
Freeport-McMoRan Oil & Gas LLC/FCX Oil & Gas Inc., senior note, 6.875%, 2/15/23 314,000 255,125
Frontier Communications Corp.,    
senior bond, 7.625%, 4/15/24 100,000 85,000
senior bond, 7.875%, 1/15/27 200,000 168,000
senior note, 7.125%, 1/15/23 800,000 678,000
Halcon Resources Corp.,    
senior note, 8.875%, 5/15/21 5,000,000 1,550,000
gsenior secured note, third lien, 144A, 13.00%, 2/15/22 3,900,000 1,823,250
HCA Inc., senior secured bond, first lien, 5.875%, 3/15/22 8,000,000 8,590,000
iHeartCommunications Inc.,    
senior secured bond, first lien, 9.00%, 3/01/21 6,500,000 4,491,500
senior secured note, first lien, 9.00%, 9/15/22 1,500,000 1,029,375
gJBS USA LLC/Finance Inc.,    
senior bond, 144A, 5.875%, 7/15/24 1,700,000 1,677,687
senior note, 144A, 8.25%, 2/01/20 5,500,000 5,788,750
lJPMorgan Chase & Co., junior sub. bond, R, 6.00% to 8/01/23, FRN thereafter, 5,000,000 5,065,000
Perpetual    
gLinn Energy LLC/Finance Corp., senior secured note, second lien, 144A, 12.00%, 4,250,000 2,656,250
12/15/20    
Midstates Petroleum Co. Inc./LLC, senior note, 9.25%, 6/01/21 6,000,000 975,000
Navient Corp., senior note, 5.50%, 1/15/19 9,600,000 9,259,200
Penn Virginia Corp., senior note, 8.50%, 5/01/20 8,000,000 1,800,000
gPost Holdings Inc., senior note, 144A, 6.00%, 12/15/22 6,100,000 6,039,000
  c,g,mQuicksilver Resources Inc., secured note, second lien, 144A, FRN, 7.00%, 6/21/19 1,000,000 305,000
Regency Energy Partners LP/Regency Energy Finance Corp., senior note,    
5.875%, 3/01/22 1,500,000 1,510,269
5.00%, 10/01/22 2,400,000 2,298,994
Reynolds Group Issuer Inc./LLC/SA, senior note, 9.00%, 4/15/19 7,350,000 7,478,625
Sabine Pass Liquefaction LLC, first lien, 5.625%, 2/01/21 8,600,000 8,363,500
gSirius XM Radio Inc., senior bond, 144A, 6.00%, 7/15/24 8,000,000 8,290,000
Sprint Communications Inc., senior note,    
6.00%, 11/15/22 5,000,000 3,750,000
g144A, 9.00%, 11/15/18 4,000,000 4,330,000
T-Mobile USA Inc., senior bond, 6.375%, 3/01/25 9,500,000 9,500,000

 


 

Templeton Income Trust        
 
Statement of Investments, November 30, 2015 (unaudited) (continued)        
Tenet Healthcare Corp., senior note,        
5.00%, 3/01/19 4,000,000     3,870,000
8.125%, 4/01/22 3,900,000     3,914,625
g,mTexas Competitive Eletric Holdings Co. LLC/Texas Competitive Eletric Holdings 6,200,000     2,201,000
Finance Inc., senior secured note, first lien, 144A, 11.50%, 10/01/20        
gValeant Pharmaceuticals International, senior note, 144A, 6.375%, 10/15/20 8,000,000     7,370,000
Verso Paper Holdings LLC/Inc., senior secured note, first lien, 11.75%, 1/15/19 451,000     68,778
W&T Offshore Inc., senior note, 8.50%, 6/15/19 10,000,000     4,300,000
        205,995,840
Total Quasi-Sovereign and Corporate Bonds (Cost $469,603,692)       340,506,092
cSenior Floating Rate Interests 0.0%        
United States 0.0%        
AdvancePierre Foods Inc., Second Lien Term Loans, 9.50%, 10/10/17 191,948     190,508
FRAM Group Holdings Inc. (Autoparts Holdings), Second Lien Term Loan, 11.00%, 56,404     27,356
1/29/18        
Navistar Inc., Tranche B Term Loans, 6.50%, 8/07/20 135,899     124,631
Sensus USA Inc., Second Lien Term Loan, 8.50%, 5/09/18 323,485     319,846
Vertafore Inc., Second Lien Term Loan, 9.75%, 10/27/17 201,821     202,325
Total Senior Floating Rate Interests (Cost $922,994)       864,666
  Shares      
Escrows and Litigation Trusts 0.0%        
United States 0.0%        
       a,nComfort Co. Inc., Escrow Account 1,299    
a,nNewPage Corp., Litigation Trust 2,500,000    
Total Escrows and Litigation Trusts (Cost $—)      
Total Investments before Short Term Investments (Cost $6,589,308,880)       5,768,472,949
 
 
 
  Principal Amount*  
Short Term Investments 17.3%        
Foreign Government and Agency Securities 5.6%        
Malaysia 3.1%        
oBank of Negara Monetary Note,        
5/12/16 662,620,000   MYR 153,713,217
3/01/16 - 10/18/16 282,562,000   MYR 65,359,909
oMalaysia Treasury Bill, 12/04/15 - 5/27/16 55,300,000   MYR 12,917,630
        231,990,756
Mexico 0.3%        
oMexico Treasury Bill, 1/07/16 - 3/31/16 41,340,040 p MXN 24,708,087
Philippines 1.1%        
oPhilippine Treasury Bill, 12/02/15 - 9/07/16 4,019,780,000   PHP 84,305,111
Singapore 0.1%        
oMonetary Authority of Singapore Treasury Bill, 12/22/15 - 1/05/16 5,150,000   SGD 3,648,042
South Korea 1.0%        
Korea Monetary Stabilization Bond,        
o1/05/16 - 4/19/16 20,223,400,000   KRW 17,390,285
senior note, 1.92%, 3/09/16 1,416,020,000   KRW 1,221,787
senior note, 1.74%, 5/09/16 27,275,500,000   KRW 23,525,640
senior note, 1.57%, 7/09/16 11,152,900,000   KRW 9,610,002
senior note, 1.52%, 9/09/16 14,251,900,000   KRW 12,271,328
senior note, 1.53%, 10/08/16 13,363,200,000   KRW 11,503,099
        75,522,141
Uruguay 0.0%        
oUruguay Treasury Bill, 1/04/16 - 4/11/16 24,360,000   UYU 796,040

 


 

Templeton Income Trust      
 
Statement of Investments, November 30, 2015 (unaudited) (continued)      
Total Foreign Government and Agency Securities (Cost $426,976,761)     420,970,177
Total Investments before Money Market Funds (Cost $7,016,285,641)     6,189,443,126
  Shares    
Money Market Funds (Cost $870,468,216) 11.7%      
United States 11.7%      
        a,qInstitutional Fiduciary Trust Money Market Portfolio 870,468,216   870,468,216
Total Investments (Cost $7,886,753,857) 94.5%     7,059,911,342
Other Assets, less Liabilities 5.5%     410,023,905
Net Assets 100.0%   $ 7,469,935,247

 

Rounds to less than 0.1% of net assets.
* The principal amount is stated in U.S. dollars unless otherwise indicated.
a Non-income producing.
b 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 November 30, 2015, the aggregate value of
these securities was $62,057,292, representing 0.83% of net assets.
c The coupon rate shown represents the rate at period end.
d Principal amount is stated in 1,000 Brazilian Real Units.
e A portion or all of the security purchased on a delayed delivery basis.
f Redemption price at maturity is adjusted for inflation.
g 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
November 30, 2015, the aggregate value of these securities was $896,444,102, representing 12.00% of net assets.
h Principal amount is stated in 100 Mexican Peso Units.
i Principal amount of security is adjusted for inflation.
j Principal amount is stated in 100 Unidad de Inversion Units.
k Income may be received in additional securities and/or cash.
l Perpetual security with no stated maturity date.
m Defaulted security or security for which income has been deemed uncollectible.
n Security has been deemed illiquid because it may not be able to be sold within seven days. At November 30, 2015, the aggregate value of these securities was $15,850,
representing less than 0.01% of net assets.
o The security is traded on a discount basis with no stated coupon rate.
p Principal amount is stated in 10 Mexican Peso Units.
q See Note 7 regarding investments in affiliated management investment companies.
r Security is linked to the Ukrainian GDP and does not pay principal over the life of the security or at expiration. The holder is entitled to receive only variable payments, subject
to certain conditions, which are based on the growth of the Ukrainian GDP and the principal or “notional” value of this GDP linked security.
s See Note 6 regarding restricted securities.


 

Templeton Income Trust

Statement of Investments, November 30, 2015 (unaudited) (continued)

At November 30, 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 52,151,000 55,201,834   12/01/15 $ - $ (94468 )
Euro GSCO Sell 52,151,000 56,979,140   12/01/15   1,871,774   -  
Japanese Yen GSCO Buy 8,236,852,000 66,939,065   12/01/15   -   (27,016 )
Japanese Yen GSCO Sell 8,236,852,000 66,502,919   12/01/15   -   (409,131 )
Uruguayan Peso CITI Buy 79,460,000 3,089,425   12/01/15   -   (404,448 )
Uruguayan Peso CITI Sell 79,460,000 2,670,027   12/01/15   -   (14,950 )
Chilean Peso BZWS Buy 329,100,000 470,546   12/02/15   -   (7,645 )
Chilean Peso BZWS Sell 329,100,000 460,924   12/02/15   -   (1,977 )
Chilean Peso DBAB Buy 1,480,948,000 2,140,717   12/02/15   -   (57,666 )
Chilean Peso DBAB Sell 1,480,948,000 2,082,762   12/02/15   -   (289 )
Chilean Peso JPHQ Buy 172,600,000 249,134   12/02/15   -   (6,361 )
Chilean Peso JPHQ Sell 172,600,000 240,725   12/02/15   -   (2,048 )
Chilean Peso MSCO Buy 417,920,000 595,285   12/02/15   -   (7,453 )
Chilean Peso MSCO Sell 417,920,000 582,873   12/02/15   -   (4,959 )
Polish Zloty CITI Buy 281,000 66,061 EUR 12/03/15   -   (267 )
Polish Zloty CITI Sell 281,000 66,110 EUR 12/03/15   319   -  
Polish Zloty JPHQ Buy 717,882,597 168,728,546 EUR 12/03/15   -   (640,918 )
Polish Zloty JPHQ Sell 717,882,597 169,505,826 EUR 12/03/15   1,462,320   -  
Chilean Peso BZWS Buy 435,250,000 626,529   12/04/15   -   (14,452 )
Euro CITI Sell 8,173,000 10,200,313   12/04/15   1,563,050   -  
Euro DBAB Sell 8,035,000 10,025,270   12/04/15   1,533,846   -  
Euro CITI Buy 7,059,000 8,407,693   12/07/15   -   (946,892 )
Euro CITI Sell 7,059,000 8,746,807   12/07/15   1,286,007   -  
Chilean Peso CITI Buy 603,678,000 868,252   12/09/15   -   (19,771 )
Chilean Peso MSCO Buy 17,761,679,400 25,540,938   12/09/15   -   (576,562 )
Euro DBAB Sell 183,617 227,906   12/09/15   33,823   -  
Euro HSBK Buy 7,767 8,976   12/09/15   -   (766 )
Euro HSBK Sell 7,767 9,568   12/09/15   1,358   -  
Euro SCNY Sell 3,227,500 3,986,995   12/09/15   575,536   -  
Japanese Yen HSBK Sell 3,034,900,000 24,239,447   12/09/15   -   (423,080 )
Singapore Dollar DBAB Buy 9,810,000 7,253,503   12/09/15   -   (301,480 )
Singapore Dollar DBAB Sell 9,810,000 6,932,862   12/09/15   -   (19,161 )
Singapore Dollar GSCO Buy 5,725,000 4,225,716   12/09/15   -   (168,597 )
Singapore Dollar GSCO Sell 5,725,000 4,019,236   12/09/15   -   (37,882 )

 


 

Templeton Income Trust            
Statement of Investments, November 30, 2015 (unaudited) (continued)      
Chilean Peso BZWS Buy 265,850,000 381,831   12/10/15 - (8,214 )
Polish Zloty DBAB Buy 26,145,960 6,133,662 EUR 12/10/15