<SEC-DOCUMENT>0000828803-16-000043.txt : 20161103
<SEC-HEADER>0000828803-16-000043.hdr.sgml : 20161103
<ACCEPTANCE-DATETIME>20161103104949
ACCESSION NUMBER:		0000828803-16-000043
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		10
CONFORMED PERIOD OF REPORT:	20160831
FILED AS OF DATE:		20161103
DATE AS OF CHANGE:		20161103
EFFECTIVENESS DATE:		20161103

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEMPLETON GLOBAL INCOME FUND
		CENTRAL INDEX KEY:			0000828803
		IRS NUMBER:				222864496
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		N-CSR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05459
		FILM NUMBER:		161970582

	BUSINESS ADDRESS:	
		STREET 1:		300 S.E. 2ND STREET
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33301-1923
		BUSINESS PHONE:		9545277500

	MAIL ADDRESS:	
		STREET 1:		300 S.E. 2ND STREET
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33301-1923

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TEMPLETON GLOBAL INCOME FUND INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>n-csr_gim83116.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>n-csr_gim83116.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">

<A name="page_1"></A>

<a name="_bclPageBorder1"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">UNITED STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>Washington, DC 20549</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">FORM N-CSR</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Investment Company Act file number </FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">811-05459</FONT></U></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; TEXT-DECORATION: none; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Templeton Global Income Fund</FONT></U></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(Exact name of registrant as specified in charter)</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; TEXT-DECORATION: none; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">300 S.E. 2<SUP>nd</SUP> Street, Fort Lauderdale, FL 33301-1923</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"><BR>(Address of principal executive offices)&nbsp;&nbsp; (Zip code)</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Craig S. Tyle, One Franklin Parkway, San Mateo, CA&nbsp; 94403-1906</FONT></U></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(Name and address of agent for service)</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Registrant's telephone number, including area code: </FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(954) 527-7500</FONT></U></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Date of fiscal year end: _</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">8/31</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">__</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Date of reporting period: </FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">&nbsp;8/31/16</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">__</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Item 1. Reports to Stockholders.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<!--$$/page=--><A name="page_2"></A><BR>

<a name="_bclPageBorder2"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<IMG border=0 src="tlgim_a1016x1x1.jpg"> <BR>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Annual Report</FONT></B><BR><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">August 31, 2016</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=6 face="Times New Roman,Times New Roman,Times,serif">Templeton Global Income Fund</FONT></P>
<IMG border=0 src="tlgim_a1016x1x2.jpg"> <BR></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<!--$$/page=--><A name="page_3"></A><BR>

<a name="_bclPageBorder3"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left"><FONT size=6 face="Times New Roman,Times New Roman,Times,serif">Franklin Templeton Investments</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=3 face="Times New Roman,Times New Roman,Times,serif">Gain From Our Perspective</FONT><SUP><FONT size=3 face="Times New Roman,Times New Roman,Times,serif">&#174;</FONT></SUP></P>

<P style="TEXT-ALIGN: left"><FONT size=3 face="Times New Roman,Times New Roman,Times,serif">At Franklin Templeton Investments, we&#8217;re dedicated to one goal: delivering exceptional asset management for our clients. By bringing together multiple, world-class investment teams in a single firm, we&#8217;re able to offer specialized expertise across styles and asset classes, all supported by the strength and resources of one of the world&#8217;s largest asset managers. This has helped us to become a trusted partner to individual and institutional investors across the globe.</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="88%"></TD>

   <TD width="11%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Contents</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=2>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.997pt" align=left>
   <A href="#__page_4" name=REF_13296><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Annual Report</FONT></B></A></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.997pt" align=left>
   <A href="#__page_4" name=REF_11182><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Templeton Global Income Fund</FONT></B></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">2</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.997pt" align=left>
   <A href="#__page_8" name=REF_6240><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Performance Summary</FONT></B></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">6</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.997pt" align=left>
   <A href="#__page_10" name=REF_13689><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Important Notice to Shareholders</FONT></B></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">8</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.997pt" align=left>
   <A href="#__page_11" name=REF_22481><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Financial Highlights and Statement of Investments</FONT></B></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">9</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.996pt" align=left>
   <A href="#__page_22" name=REF_23120><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Financial</FONT></B></A>
   <A href="#__page_25" name=REF_21228><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Statements</FONT></B></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">20</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.996pt" align=left>
   <A href="#__page_25" name=REF_29372><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Notes to Financial Statements</FONT></B></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">23</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.996pt" align=left>
   <A href="#__page_34" name=REF_6291><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Report of Independent Registered</FONT></B></A></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.996pt" align=left>
   <A href="#__page_34" name=REF_28838><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Public Accounting Firm</FONT></B></A>
   <A href="#__page_34" name=REF_16210><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>.</FONT></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">32</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.996pt" align=left>
   <A href="#__page_35" name=REF_29587><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Tax Information</FONT></B></A>
   <A href="#__page_35" name=REF_18232><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>.</FONT></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">33</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.996pt" align=left>
   <A href="#__page_36" name=REF_18302><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Annual Meeting of Shareholders</FONT></B></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">34</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.996pt" align=left>
   <A href="#__page_37" name=REF_12216><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Dividend Reinvestment and Cash Purchase Plan</FONT></B></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">35</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.996pt" align=left>
   <A href="#__page_39" name=REF_27610><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Board Members and Officers</FONT></B></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">37</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.996pt" align=left>
   <A href="#__page_44" name=REF_2361><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Shareholder Information</FONT></B></A></TD>

   <TD align=right><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">42</FONT></B></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<!--$$/page=-->
<A name="page_4"></A><BR>

<a name="_bclPageBorder4"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=6 face="Times New Roman,Times New Roman,Times,serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=5 face="Times New Roman,Times New Roman,Times,serif">Templeton Global Income Fund</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Dear Shareholder:</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">This annual report for Templeton Global Income Fund covers the fiscal year ended August 31, 2016.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Your Fund&#146;s Goal and Main Investments</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund seeks high, current income, with a secondary goal of capital appreciation. Under normal market conditions, the Fund invests at least 80% of its net assets in income-producing securities, including debt securities of U.S. and foreign issuers, including emerging markets.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Performance Overview</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">For the 12 months under review, the Fund had cumulative total returns of +8.35% based on market price and +0.16% based on net asset value. For comparison, the global government bond market, as measured by the J.P. Morgan (JPM) Global Government Bond Index (GGBI), posted cumulative total returns of +7.46% in local currency terms and +9.92% in U.S. dollar terms for the same period.</FONT><SUP><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">1 </FONT></SUP><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">You can find the Fund&#146;s long-term performance data in the Performance Summary on page 6.</FONT></P>
<P style="text-align: left;">
<I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Performance data represent past performance, which does not guarantee future results. Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown.</FONT></I></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Economic and Market Overview</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Global markets experienced periods of heightened volatility during the 12-month period, as declines in oil prices and concerns about global growth appeared to have negative effects on investor sentiment at times. Conditions in China also had significant influence on global markets. However, contrary to the dire concerns held by a number of market participants, we viewed the country&#146;s moderation of growth as an inevitable and reasonable normalization for an economy of its size, and held the view that China&#146;s growth would remain around its 6% to</FONT></P>
<IMG src="tlgim_a1016x3x1.jpg" border=0>
<BR>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*Figures represent the net Fund exposure and include certain derivatives held in the portfolio (or their underlying reference assets) or unsettled trades and may not total 100% or may be negative due to rounding, use of any derivatives or other factors.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">**Includes foreign treasury bills, money market funds and net other assets less liabilities.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">7% expansionary pace. Nonetheless, risk aversion persisted at the beginning of the period before eventually diminishing in October, as several emerging market currencies rebounded and appreciated against the U.S. dollar, while the euro and the Japanese yen depreciated.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">After postponing action in September and October, the U.S. Federal Reserve (Fed) finally raised its policy rate by 25 basis points (0.25%) at its December 2015 meeting, marking the first increase in the federal funds rate since 2006 and the first non-zero rate policy since 2008. Despite the move toward tightening policy, the Federal Open Market Committee stressed that U.S. monetary policy would remain highly accommodative and that the pace of future increases would be gradual. Although bond yields initially shifted higher across much of Europe, Asia ex-Japan and Latin America in December, they subsequently declined during the first two months of 2016 as risk aversion returned and oil prices dropped below US&#36;30 per barrel.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Despite the return of market pessimism, we continued to believe that fears of global deflation were unwarranted and that markets were overestimating the extent to which lower headline inflation reflected structurally weaker global demand. Supply factors were the main driver behind falling energy and commodity prices, by our assessment, which in turn pushed headline inflation lower. These were short-term effects, and we</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">1. Source: Morningstar.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">The index is unmanaged and includes reinvestment of any income or distributions. It does not reflect any fees, expenses or sales charges. One cannot invest directly in an index, and an index is not representative of the Fund&#146;s portfolio.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">See www.franklintempletondatasources.com for additional data provider information.</FONT></P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">The dollar value, number of shares or principal amount, and names of all portfolio holdings are listed in the Fund&#146;s Statement of Investments (SOI).</FONT></B></P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">The SOI begins on page 10.</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_5"></A><BR>

<a name="_bclPageBorder5"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: center;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<IMG src="tlgim_a1016x4x1.jpg" border=0>
<BR>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*Figures represent the net Fund exposure and include certain derivatives held in the portfolio (or their underlying reference assets) or unsettled trades and may not total 100% or may be negative due to rounding, use of any derivatives or other factors.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">**The Fund&#146;s euro area investments were in Portugal.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">***The Fund&#146;s supranational investment was denominated in the Mexican peso.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">viewed their disinflationary impact as a factor that should wane as commodity prices stabilize. The belief that inflation had become structurally lower appeared to lead several investors to take a complacent view on interest rates, yet markets remained in a vulnerable phase of the yield cycle, by our assessment. Underlying inflation in the U.S. was not adequately priced into bond yields during the period, in our view, and we were wary of the lack of inflation being priced into bond yields across the globe. We believed there were more risks of inflation moving up than down, yet markets appeared to price in deflation and downside risks.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Additionally, during January and February, markets appeared to regard emerging economies as being in near-crisis condition, reacting as if conditions were worse than the 2008 global financial crisis or the Asian financial crisis of 1997 and 1998. However, several emerging market economies were in far better shape, by our assessment, with larger foreign reserves and more diversified, growing economies. We were focused on a number of opportunities in emerging market currencies on the conviction that the broad fears of a systemic crisis across the asset class were exaggerated. Over the final weeks of February, risk appetites returned and several local-currency markets rallied, creating a positive trend for global markets that largely carried into March and April.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fed passed on raising rates at its March and April meetings while indicating that rate hikes would likely be more gradual than previously envisioned at the end of 2015, reducing the</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">number of projected rate hikes for 2016 from four to two. The result of the Fed&#146;s dovishness was an implicit easing of policy, as markets essentially eliminated previously priced-in rate hikes for the year. Consequently, the U.S. dollar weakened as the Japanese yen and the euro notably strengthened. We believed the periods of yen and euro strength would prove temporary and that fundamentals would ultimately re-emerge. We also believed that a firmer commitment to rate hikes in the U.S. would fortify the divergences in monetary policies between the easings of the European Central Bank and Bank of Japan, and the Fed&#146;s tightening.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Market expectations for U.S. interest rate hikes increased sharply after hawkish-sounding comments were released in the Fed meeting minutes on May 18, leading yields to temporarily surge higher. However, in late June, U.K. voters approved the &#147;Brexit&#148; referendum to leave the European Union, which caused global markets to retreat into a state of heightened risk aversion. Yields declined to historic lows in the eurozone and the U.S. during the first eight days of July, before markets relatively stabilized by mid-month. A number of local-currency emerging markets rebounded in the second half of July, and Fed Chair Janet Yellen&#146;s comments at Jackson Hole at the end of August added support to higher yield levels.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Investment Strategy</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">We invest selectively in bonds around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risks. We seek to manage the Fund&#146;s exposure to various currencies and may use currency forward contracts.</FONT></P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">What is a currency forward contract?</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">A currency forward contract is an agreement between the Fund and a counterparty to buy or sell a foreign currency in exchange for another currency at a specific exchange rate on a future date.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Manager&#146;s Discussion</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">On the whole, we continued to position our strategies for rising rates by maintaining low portfolio duration and aiming at a negative correlation with U.S. Treasury returns. We also continued to actively seek select duration exposures that we believe can offer positive real yields without taking undue interest-rate risk, favoring countries that we believe have solid underlying fundamentals and prudent fiscal, monetary and financial policies. When investing globally, investment opportunities may take time to materialize, which may require weathering short-term volatility as the longer term investing</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_6"></A><BR>

<a name="_bclPageBorder6"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">theses develop. During the period we shifted out of markets that we were previously contrarian on to reallocate to positions that we believe have fundamentally attractive valuations for the medium term ahead. We also maintained our exposures to several of our strongest investment convictions and added to those types of positions as prices became cheaper during periods of heightened volatility. Despite the persistence of volatility during the period, we remained encouraged by the vast set of what we considered fundamentally attractive valuations across the local currency markets. We were positioned for depreciation of the euro and the Japanese yen, rising U.S. Treasury yields, and currency appreciation in select emerging markets. During the period, we used currency forward contracts to actively manage exposure to currencies. We also used interest rate swaps to tactically manage duration exposures.</FONT></P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">What is duration?</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Duration is a measure of a bond&#146;s price sensitivity to interest rate changes. In general, a portfolio of securities with a lower duration can be expected to be less sensitive to interest rate changes than a portfolio with a higher duration.</FONT></P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">What is an interest rate swap?</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">An interest rate swap is an agreement between two parties to exchange interest rate payment obligations, generally one based on an interest rate fixed to maturity and the other based on an interest rate that changes in accordance with changes in a designated benchmark (for example, LIBOR, prime, commercial paper or other benchmarks).</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">During the period, the Fund&#146;s absolute performance benefited from interest rate strategies. Sovereign credit exposures had a largely neutral effect on absolute return, while currency positions detracted. The Fund maintained a defensive approach regarding interest rates in developed and emerging markets. Select duration exposures in Latin America (Brazil) and Asia ex-Japan (Indonesia) contributed to absolute performance. However, negative duration exposure to U.S. Treasuries, through the use of interest rate swaps, detracted from absolute return. Among currencies, the Fund&#146;s net-negative positions in the Japanese yen and the Australian dollar, through the use of currency forward contracts, detracted from absolute performance. However, the Fund&#146;s net-negative position in the euro, also through the use of currency forward contracts, contributed to absolute return, as did currency positions in Latin America (Brazilian real) and Asia ex-Japan (Indonesian rupiah and Malaysian ringgit).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=58%></TD>
     <TD width=35%></TD>
     <TD width=5%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Currency Breakdown*</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8/31/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=center>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">% of Total</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Net Assets</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Americas</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">140.1</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">%</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">U.S. Dollar</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">92.6</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">20.1</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Brazilian Real</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">15.0</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6.7</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Peruvian Neuvo Sol</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3.2</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Colombian Peso</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2.5</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Asia Pacific</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">-2.2</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">%</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">15.0</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Indonesian Rupiah</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10.3</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8.7</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Philippine Peso</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4.5</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sri Lankan Rupee</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1.9</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">-3.0</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Australian Dollar</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">-8.9</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">-30.7</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Europe</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">-37.9</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">%</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Polish Zloty</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4.1</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">-42.0</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*Figures represent the net Fund exposure and include certain derivatives held in the portfolio (or their underlying reference assets) or unsettled trades and may not total 100% or may be negative due to rounding, use of any derivatives or other factors.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">On a relative basis, the Fund&#146;s underperformance was primarily attributable to interest rate strategies followed by currency positions. Sovereign credit exposures had a largely neutral effect on relative performance. Underweighted duration exposures in the U.S., eurozone, Japan and the U.K. detracted from relative return. However, overweighted duration exposures in Asia ex-Japan (Indonesia) and Latin America (Brazil) contributed. Among currencies, underweighted positions in the Japanese yen and the Australian dollar detracted from relative return. However, underweighted positions in the British pound and the euro contributed. Overweighted currency positions in Latin America (Brazilian real) and Asia ex-Japan (Indonesian rupiah and Malaysian ringgit) also contributed to relative performance.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_7"></A><BR>

<a name="_bclPageBorder7"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: center;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Thank you for your continued participation in Templeton Global Income Fund. We look forward to serving your future investment needs.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Sincerely,</FONT></P>
<IMG src="tlgim_a1016x6x1.jpg" border=0>
<BR>
<P style="text-align: left;">
<I><FONT size=2 face="ArialNarrow-Italic,Arial,Helvetica,sans-serif">The foregoing information reflects our analysis, opinions and portfolio holdings as of August 31, 2016, the end of the reporting period. The way we implement our main investment strategies and the resulting portfolio holdings may change depending on factors such as market and economic conditions. These opinions may not be relied upon as investment advice or an offer for a particular security. The information is not a complete analysis of every aspect of any market, country, industry, security or the Fund. Statements of fact are from sources considered reliable, but the investment manager makes no representation or warranty as to their completeness or accuracy. Although historical performance is no guarantee of future results, these insights may help you understand our investment management philosophy.</FONT></I></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_8"></A><BR>

<a name="_bclPageBorder8"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=5 face="Times New Roman,Times New Roman,Times,serif">Performance Summary as of August 31, 2016</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Your dividend income will vary depending on dividends or interest paid by securities in the Fund&#146;s portfolio, adjusted for operating expenses. Capital gain distributions are net profits realized from the sale of portfolio securities. Total return reflects reinvestment of the Fund&#146;s dividends and capital gain distributions, if any, and any unrealized gains or losses. Total returns do not reflect any sales charges paid at inception or brokerage commissions paid on secondary market purchases. The performance table does not reflect any taxes that a shareholder would pay on Fund dividends, capital gains distributions, if any, or any realized gains on the sale of Fund shares.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=27%></TD>
     <TD width=2%></TD>
     <TD width=14%></TD>
     <TD width=2%></TD>
     <TD width=17%></TD>
     <TD width=2%></TD>
     <TD width=18%></TD>
     <TD width=2%></TD>
     <TD width=11%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Share Prices</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.498901pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Symbol:GIM</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">8/31/16</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">8/31/15</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Change</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.498901pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net Asset Value (NAV)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7.09</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7.38</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">-&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.29</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.498901pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Market Price (NYSE)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6.43</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6.22</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.21</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Distributions</FONT></B><B><SUP><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">1 </FONT></SUP></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(9/1/15&#150;8/31/16)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Dividend</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Long-Term</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Tax Return</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Income</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Capital Gain</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">of Capital</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Total</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.1073</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.0179</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.1748</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.3000</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=13%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=13%></TD>
     <TD width=2%></TD>
     <TD width=11%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Performance</FONT></B><B><SUP><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">2</FONT></SUP></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=center colspan=3>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Average Annual</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=3 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Cumulative Total Return</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">3</FONT></SUP></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=3 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Average Annual Total Return</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">3</FONT></SUP></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=center colspan=3 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Total Return (9/30/16)</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">4</FONT></SUP></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:2.823410pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Based on</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=center>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Based on</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=center>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Based on</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=center>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Based on</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=center>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Based on</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=center>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Based on</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">NAV</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">5</FONT></SUP></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">market price</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">6</FONT></SUP></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">NAV</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">5</FONT></SUP></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">market price</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">6</FONT></SUP></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">NAV</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">5</FONT></SUP></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">market price</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">6</FONT></SUP></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.498901pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1-Year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+0.16</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+8.35</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+0.16</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+8.35</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+1.80</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+7.39</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.498901pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5-Year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+7.62</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">-11.13</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+1.48</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">-2.33</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+3.28</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+0.60</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.498901pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10-Year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+105.81</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+91.17</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+7.48</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+6.69</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+7.39</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">+6.11</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Performance data represent past performance, which does not guarantee future results. Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown.</FONT></I></P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">See page 7 for Performance Summary footnotes.</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_9"></A><BR>

<a name="_bclPageBorder9"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">PERFORMANCE SUMMARY</FONT></P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">All investments involve risks, including possible loss of principal. Changes in interest rates will affect the value of the Fund&#146;s portfolio and its share price and yield. Bond prices generally move in the opposite direction of interest rates. Thus, as prices of bonds in the Fund adjust to a rise in interest rates, the Fund&#146;s share price may decline. Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments of countries where the Fund invests. Investments in developing markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. The markets for particular securities or types of securities are or may become relatively illiquid. Reduced liquidity will have an adverse impact on the security&#146;s value and on the Fund&#146;s ability to sell such securities when necessary to meet the Fund&#146;s liquidity needs or in response to a specific market event. Derivatives, including currency management strategies, involve costs and can create economic leverage in the portfolio that may result in significant volatility and cause the Fund to participate in losses (as well as enable gains) on an amount that exceeds the Fund&#146;s initial investment. The Fund may not achieve the anticipated benefits and may realize losses when a counterparty fails to perform as promised. As a nondiversified investment company, the Fund may invest in a relatively small number of issuers and, as a result, be subject to a greater risk of loss with respect to its portfolio securities. The Fund is actively managed but there is no guarantee that the manager&#146;s investment decisions will produce the desired results.</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">1. The distribution amount is the sum of the dividend payments to shareholders for the period shown and includes only estimated tax-basis net investment income, capital gain and tax return of capital.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">2. The Fund has a fee waiver associated with any investment it makes in a Franklin Templeton money fund and/or other Franklin Templeton fund, contractually guaranteed through its current fiscal year-end. Fund investment results reflect the fee waiver; without this waiver, the results would have been lower.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">3. Total return calculations represent the cumulative and average annual changes in value of an investment over the periods indicated. Return for less than one year, if any, has not been annualized.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">4. In accordance with SEC rules, we provide standardized average annual total return information through the latest calendar quarter. 5. Assumes reinvestment of distributions based on net asset value.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">6. Assumes reinvestment of distributions based on the dividend reinvestment and cash purchase plan.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_10"></A><BR>

<a name="_bclPageBorder10"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=5 face="Times New Roman,Times New Roman,Times,serif">Important Notice to Shareholders</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Changes to the Fiscal Year-End and Distribution Policy</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Effective December 31, 2016, as approved by the board of trustees, the Fund&#146;s fiscal year-end will be changed to December 31</FONT><SUP><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">st</FONT></SUP><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">. This will result in the Fund having a fiscal year that is shorter than a full calendar year covering the transitional period between the Fund&#146;s current fiscal year end and December 31, 2016.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">In addition, the Fund, which has historically sought to pay a level distribution amount from net investment income on a quarterly basis, will implement a variable pay distribution policy, effective December 31, 2016. The Fund will continue to seek to pay any distributions from net investment income on a quarterly basis. Capital gains, if any, may be paid at least annually. The Fund may distribute income dividends and capital gains more frequently, if necessary, in order to reduce or eliminate federal excise or income taxes on the Fund. The amount of any distribution will vary, and there is no guarantee the Fund will pay either income dividends or capital gain distributions.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Share Repurchase Program</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund&#146;s Board previously authorized the Fund to repurchase up to 10% of the Fund&#146;s outstanding shares in open-market transactions, at the discretion of management. This authorization remains in effect.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">In exercising its discretion consistent with its portfolio management responsibilities, the investment manager will take into account various other factors, including, but not limited to, the level of the discount, the Fund&#146;s performance, portfolio holdings, dividend history, market conditions, cash on hand, the availability of other attractive investments and whether the sale of certain portfolio securities would be undesirable because of liquidity concerns or because the sale might subject the Fund to adverse tax consequences. Any repurchases would be made on a national securities exchange at the prevailing market price, subject to exchange requirements, Federal securities laws and rules that restrict repurchases, and the terms of any outstanding leverage or borrowing of the Fund. If and when the Fund&#146;s 10% threshold is reached, no further repurchases could be completed until authorized by the Board. Until the 10% threshold is reached, Fund management will have the flexibility to commence share repurchases if and when it is determined to be appropriate in light of prevailing circumstances.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">In the Notes to Financial Statements section, please see note 2 (Shares of Beneficial Interest) for additional information regarding shares repurchased.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_11"></A><BR>

<a name="_bclPageBorder11"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=35%></TD>
     <TD width=2%></TD>
     <TD width=11%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=3%></TD>
     <TD width=3%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=11>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=17>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=17>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=17>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.002014pt">
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Financial Highlights</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=7 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Year Ended August 31,</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">2016</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">2015</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">2014</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">2013</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">2012</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Per share operating performance</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(for a share outstanding throughout the year)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net asset value, beginning of year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7.38</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8.72</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8.38</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9.08</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10.13</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Income from investment operations:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net investment income</FONT><SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.31</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.33</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.35</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.38</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.41</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.992569pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net realized and unrealized gains (losses)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.30</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1.04</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.61</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.07</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.30</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.001373pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Total from investment operations</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.01</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.71</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.96</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.31</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.11</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.001373pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Less distributions from:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.992569pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net investment income and net foreign currency gains</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.11</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.63</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.62</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.72</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.82</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.992569pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net realized gains</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.02</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=center>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(&#151;)</FONT><SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">b</FONT></SUP></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=center>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(&#151;)</FONT><SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">b</FONT></SUP></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.29</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.34</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991516pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Tax return of capital.</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.17</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000320pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Total distributions</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.30</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.63</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(0.62</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1.01</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1.16</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000320pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net asset value, end of year.</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7.09</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7.38</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8.72</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8.38</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:15.527649pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9.08</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000320pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Market value, end of year</FONT><SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">c</FONT></SUP></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6.43</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6.22</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7.96</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8.03</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:15.528809pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9.53</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=17>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.001266pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Total return (based on market value per share)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8.35</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(14.76</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7.04</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(5.97</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(4.40</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)%</FONT></TD>
</TR>
<TR>
	<TD colspan=17>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.001266pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Ratios to average net assets</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.001266pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Expenses before waiver and payments by affiliates</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.76</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.74</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.73</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.73</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.75</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.001266pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Expenses net of waiver and payments by affiliates</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.73</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT><SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">d</FONT></SUP></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.73</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.73</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT><SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">e</FONT></SUP></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.73</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT><SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">e</FONT></SUP></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.75</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT><SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">e</FONT></SUP></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.002014pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net investment income</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4.38</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4.14</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4.05</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4.21</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4.55</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR>
	<TD colspan=17>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.002014pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Supplemental data</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.002014pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net assets, end of year (000&#146;s)</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">951,191</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">989,595</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,169,318</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,124,611</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,209,287</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.002014pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Portfolio turnover rate</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">46.03</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">35.51</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">45.61</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">18.16</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">38.60</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Based on average daily shares outstanding.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">b</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Amount rounds to less than &#36;0.01 per share.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">c</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Based on the last sale on the New York Stock Exchange.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">d</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Benefit of expense reduction rounds to less than 0.01%.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">e</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Benefit of waiver and payments by affiliates and expense reduction rounds to less than 0.01%.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">The accompanying notes are an integral part of these financial statements. </FONT><FONT color="#545454" size=1 face="Arial,Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report 9</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_12"></A><BR>

<a name="_bclPageBorder12"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=56%></TD>
     <TD width=22%></TD>
     <TD width=2%></TD>
     <TD width=4%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Statement of Investments, August 31, 2016</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Value</FONT></B></TD>
</TR>
<TR>
	<TD colspan=6>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.984497pt">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Foreign Government and Agency Securities 78.0%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.984497pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Brazil 15.0%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.984497pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Letra Tesouro Nacional,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.944901pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Strip, 10/01/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,010</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,841,140</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.942596pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Strip, 1/01/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">41,280</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,797,321</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.942596pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Strip, 7/01/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">25,330</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,695,584</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.982193pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Nota Do Tesouro Nacional,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.942596pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10.00%, 1/01/21</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">65,655</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">19,072,953</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.942596pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10.00%, 1/01/23</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,510</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,564,075</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.942596pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10.00%, 1/01/25</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">47,290</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">13,210,488</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.942596pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10.00%, 1/01/27</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12,360</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,391,784</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:19.899200pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">b </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Index Linked, 6.00%, 5/15/17</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">231</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">209,151</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:19.899200pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">b </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Index Linked, 6.00%, 5/15/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">17,875</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">16,103,908</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:19.899200pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">b </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Index Linked, 6.00%, 8/15/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">760</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">685,966</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:19.899200pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">b </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Index Linked, 6.00%, 8/15/22</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">25,367</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">22,907,770</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:19.899200pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">b </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Index Linked, 6.00%, 5/15/23</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">17,719</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">16,057,998</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:19.899200pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">b </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Index Linked, 6.00%, 8/15/24</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,860</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,259,093</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:19.899200pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">b </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Index Linked, 6.00%, 8/15/50</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">23,895</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">22,209,394</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.942596pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 10.00%, 1/01/17</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12,615</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,858,227</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">142,864,852</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.983002pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Colombia 2.4%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.983002pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Government of Colombia,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, 7.75%, 4/14/21</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">983,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002502pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">COP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">348,986</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, 4.375%, 3/21/23.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">149,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002502pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">COP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">44,613</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, 9.85%, 6/28/27</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">237,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002502pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">COP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">96,723</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.983002pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Titulos de Tesoreria,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">B, 7.75%, 9/18/30</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">27,217,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002655pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">COP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,302,430</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, B, 11.25%, 10/24/18</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,117,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002319pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">COP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">770,206</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, B, 7.00%, 5/04/22.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,218,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002686pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">COP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">739,541</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, B, 10.00%, 7/24/24</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,997,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002502pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">COP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,552,870</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, B, 7.50%, 8/26/26.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">20,289,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002869pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">COP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,823,091</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, B, 6.00%, 4/28/28.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,540,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002686pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">COP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,545,494</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, B, 7.00%, 9/11/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,258,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002838pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">COP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">423,165</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, B, 11.00%, 7/24/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,144,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002045pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">COP</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">434,807</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">23,081,926</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.983002pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">India 4.8%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.983002pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Government of India,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, 7.80%, 5/03/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">231,200,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002502pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,544,087</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, 8.35%, 5/14/22</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">68,200,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002319pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,076,634</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, 9.15%, 11/14/24.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">387,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002502pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,459,736</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, 8.33%, 7/09/26</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">476,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002502pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,683,201</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, 8.15%, 11/24/26.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">203,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002502pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,239,045</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, 8.28%, 9/21/27</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">433,900,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002502pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,003,561</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, 8.60%, 6/02/28</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">239,800,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002502pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,969,044</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 7.28%, 6/03/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,000,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.001282pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">135,704</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 8.12%, 12/10/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">173,600,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.001648pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,699,648</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 7.16%, 5/20/23</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">42,900,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002258pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">642,969</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:24.943390pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 8.83%, 11/25/23</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">579,400,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.001648pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,470,621</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">45,924,250</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_13"></A><BR>

<a name="_bclPageBorder13"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: right"><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="57%"></TD>

   <TD width="21%"></TD>

   <TD width="2%"></TD>

   <TD width="5%"></TD>

   <TD width="2%"></TD>

   <TD width="10%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Principal</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Amount*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Value</FONT></B></TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.047pt" align=left><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Foreign Government and Agency Securities </FONT></B><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(continued)</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.047pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Indonesia 9.1%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.047pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Government of Indonesia,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6.125%, 5/15/28</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,157,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>215,939</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>FR34, 12.80%, 6/15/21</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>64,492,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,033,594</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>FR35, 12.90%, 6/15/22</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>42,438,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,102,261</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>FR36, 11.50%, 9/15/19</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>32,651,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,787,057</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>FR43, 10.25%, 7/15/22</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,826,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>420,672</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>FR48, 9.00%, 9/15/18</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,494,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>353,965</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, 9.00%, 3/15/29</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>30,263,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,583,219</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR31, 11.00%, 11/15/20</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>145,557,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>12,630,301</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR39, 11.75%, 8/15/23</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,703,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>254,918</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR42, 10.25%, 7/15/27</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,595,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>332,607</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR44, 10.00%, 9/15/24</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,618,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>143,599</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR46, 9.50%, 7/15/23</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>49,800,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,250,878</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR47, 10.00%, 2/15/28</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,052,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>95,943</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR53, 8.25%, 7/15/21</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>144,200,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>11,537,081</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR56, 8.375%, 9/15/26</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>274,910,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>22,637,217</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR59, 7.00%, 5/15/27</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,105,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>157,072</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR61, 7.00%, 5/15/22</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>13,189,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>998,059</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR63, 5.625%, 5/15/23</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>16,137,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,132,661</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR69, 7.875%, 4/15/19</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>28,078,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,179,788</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, FR70, 8.375%, 3/15/24</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>149,967,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>12,179,345</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior note, 8.50%, 10/15/16</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>19,302,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,461,721</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior note, FR66, 5.25%, 5/15/18</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,394,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>398,630</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>86,886,527</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.047pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Malaysia 3.2%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.047pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Government of Malaysia,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, 4.262%, 9/15/16.</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>46,787,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>11,437,622</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, 3.814%, 2/15/17.</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>10,080,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,478,405</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, 4.24%, 2/07/18</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>9,538,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,382,304</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior bond, 3.26%, 3/01/18</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>14,651,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,610,953</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior note, 3.394%, 3/15/17</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>11,592,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,846,994</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior note, 4.012%, 9/15/17</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>15,886,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,939,553</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior note, 0512, 3.314%, 10/31/17</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>13,090,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,225,135</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>29,920,966</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.047pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Mexico 14.6%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.047pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Government of Mexico,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.007pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7.25%, 12/15/16</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7,441,400</FONT></TD>

   <TD align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>c</FONT></SUP></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>39,889,101</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.005pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7.75%, 12/14/17</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>10,748,940</FONT></TD>

   <TD align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>c</FONT></SUP></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>59,375,328</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.005pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>senior note, 8.50%, 12/13/18</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,517,200</FONT></TD>

   <TD align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>c</FONT></SUP></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>37,048,825</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>d </FONT></SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Mexican Udibonos,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.008pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Index Linked, 3.50%, 12/14/17</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>216,665</FONT></TD>

   <TD align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>e</FONT></SUP></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,184,608</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.005pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Index Linked, 4.00%, 6/13/19</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>125,999</FONT></TD>

   <TD align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>e</FONT></SUP></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>702,272</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 22.005pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Index Linked, 2.50%, 12/10/20</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>99,364</FONT></TD>

   <TD align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>e</FONT></SUP></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>530,114</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>138,730,248</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.046pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Peru 3.2%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.046pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Government of Peru, senior bond, 7.84%, 8/12/20</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>93,349,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>PEN</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>30,442,067</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Annual Report</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>11</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_14"></A><BR>

<a name="_bclPageBorder14"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=59%></TD>
     <TD width=21%></TD>
     <TD width=5%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Value</FONT></B></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.213806pt">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Foreign Government and Agency Securities </FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.213135pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Philippines 1.6%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.213135pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Government of the Philippines,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.173538pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, 1042, 9.125%, 9/04/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,270,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000427pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PHP</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">48,686</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.173538pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 5.875%, 1/31/18</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,480,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000549pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PHP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">32,935</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.173538pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 3.375%, 8/20/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,870,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000549pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PHP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">216,238</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.173538pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 3-21, 2.875%, 5/22/17</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">15,570,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PHP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">335,467</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.173538pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 5-72, 2.125%, 5/23/18</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">61,567,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PHP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,318,412</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.173538pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 7-51, 5.00%, 8/18/18</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,330,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000122pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PHP</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">253,324</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.173538pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 7-56, 3.875%, 11/22/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">578,780,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PHP</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12,719,654</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,924,716</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.212341pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Poland 4.1%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.212341pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Government of Poland,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.172745pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4.75%, 10/25/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">36,315,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000366pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,334,447</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.172745pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4.75%, 4/25/17</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,210,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000153pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">838,261</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.172745pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5.75%, 9/23/22</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">60,500,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001160pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">18,451,633</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:16.653503pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">f </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">FRN, 1.79%, 1/25/17.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">22,569,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001709pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,780,376</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:16.653503pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">f </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">FRN, 1.79%, 1/25/21.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">19,374,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001709pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,898,512</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">39,303,229</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.213699pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Portugal 2.7%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.213699pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Government of Portugal,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:15.128510pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">g </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">144A, 5.125%, 10/15/24</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,390,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,443,382</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:15.128510pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">h </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Reg S, 3.875%, 2/15/30.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">13,300,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001709pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">15,513,189</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:15.128510pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">h </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, Reg S, 4.95%, 10/25/23</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">92,700</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001038pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">118,822</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:15.128510pt">
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">h </FONT></SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior bond, Reg S, 5.65%, 2/15/24</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">232,100</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001404pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">307,878</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">25,383,271</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.213699pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">South Korea 9.4%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.213699pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Korea Monetary Stabilization Bond,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 1.56%, 10/02/17</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12,255,300,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001251pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,008,127</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 1.25%, 8/02/18</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">107,000,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000671pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">95,769</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.213699pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Korea Treasury Bond,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 2.00%, 12/10/17</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">16,590,000,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001251pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,990,093</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 1.50%, 6/10/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,889,100,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001068pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,503,766</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 2.75%, 9/10/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">895,000,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000671pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">835,830</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 2.00%, 3/10/21</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">63,563,200,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001251pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">58,601,183</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">senior note, 1.375%, 9/10/21</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">475,400,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000671pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">426,733</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">89,461,501</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.213699pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Sri Lanka 1.9%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.213699pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Government of Sri Lanka,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10.60%, 7/01/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">797,850,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001099pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LKR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,378,131</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10.60%, 9/15/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">539,240,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001099pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LKR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,635,881</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8.00%, 11/01/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">31,420,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001709pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LKR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">196,844</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9.25%, 5/01/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">124,820,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001892pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LKR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">798,663</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11.20%, 7/01/22</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">55,890,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001709pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LKR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">371,996</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">A, 9.00%, 5/01/21</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">702,230,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001892pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LKR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,362,032</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:20.174103pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">A, 11.00%, 8/01/21</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">470,110,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001099pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LKR</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,133,927</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">17,877,474</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">i </FONT></SUP><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Supranational 1.2%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.213806pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Inter-American Development Bank, senior note, 7.50%, 12/05/24</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">185,000,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000702pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MXN</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,040,594</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_15"></A><BR>

<a name="_bclPageBorder15"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: right"><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="67%"></TD>

   <TD width="13%"></TD>

   <TD width="5%"></TD>

   <TD width="2%"></TD>

   <TD width="10%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Principal</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Amount*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Value</FONT></B></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Foreign Government and Agency Securities </FONT></B><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(continued)</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.788pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Ukraine 4.8%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 2.741pt" align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>g </FONT></SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Government of Ukraine,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 24.749pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>144A, 7.75%, 9/01/19</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,338,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,335,659</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 24.749pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>144A, 7.75%, 9/01/20</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,725,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,674,191</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 24.749pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>144A, 7.75%, 9/01/21</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,146,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,062,377</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 24.749pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>144A, 7.75%, 9/01/22</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,431,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,312,333</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 24.749pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>144A, 7.75%, 9/01/23</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,871,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,740,944</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 24.749pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>144A, 7.75%, 9/01/24</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,431,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,268,667</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 24.749pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>144A, 7.75%, 9/01/25</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,431,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,249,197</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 24.749pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>144A, 7.75%, 9/01/26</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,521,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,351,576</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 24.749pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>144A, 7.75%, 9/01/27</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,431,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,200,047</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>j,k </FONT></SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>144A, VRI, GDP Linked Securities, 5/31/40</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>11,154,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,603,913</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>45,798,904</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Total Foreign Government and Agency Securities (Cost $786,242,940)</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>741,640,525</FONT></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Short Term Investments 15.8%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Foreign Government and Agency Securities 3.9%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Malaysia 0.8%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.575pt" align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>l </FONT></SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Bank of Negara Monetary Note, 9/15/16 - 7/20/17</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>31,130,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7,495,371</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.575pt" align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>l </FONT></SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Malaysia Treasury Bill, 1/20/17</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>200,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>48,356</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7,543,727</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Mexico 0.3%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.575pt" align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>l </FONT></SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Mexico Treasury Bill, 10/13/16 - 3/30/17</FONT></TD>

   <TD colSpan=2 align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,513,740</FONT><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>m </FONT></SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,369,540</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.786pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Philippines 2.8%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.575pt" align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>l </FONT></SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Philippine Treasury Bill, 9/07/16 - 8/09/17</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,276,520,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>PHP</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>27,070,015</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Total Foreign Government and Agency Securities (Cost $37,069,668)</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>36,983,282</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Total Investments before Money Market Funds (Cost $823,312,608)</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>778,623,807</FONT></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Shares</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Money Market Funds (Cost $113,186,351) 11.9%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>United States 11.9%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>j,n </FONT></SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Institutional Fiduciary Trust Money Market Portfolio</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>113,186,351</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>113,186,351</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Total Investments (Cost $936,498,959) 93.8%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>891,810,158</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Other Assets, less Liabilities 6.2%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>59,381,224</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.789pt" align=left><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Net Assets 100.0%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>951,191,382</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Annual Report</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>13</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_16"></A><BR>

<a name="_bclPageBorder16"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*The principal amount is stated in U.S. dollars unless otherwise indicated.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Principal amount is stated in 1,000 Brazilian Real Units.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">b</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Redemption price at maturity is adjusted for inflation. See Note 1(e).</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">c</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Principal amount is stated in 100 Mexican Peso Units.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">d</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Principal amount of security is adjusted for inflation. See Note 1(e).</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">e</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Principal amount is stated in 100 Unidad de Inversion Units.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">f</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">The coupon rate shown represents the rate at period end.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">g</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">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</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by the Fund&#146;s Board of Trustees. At</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">August 31, 2016, the aggregate value of these securities was &#36;55,242,286, representing 5.8% of net assets.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">h</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">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.</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">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</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">from registration. These securities have been deemed liquid under guidelines approved by the Fund&#146;s Board of Trustees. At August 31, 2016, the aggregate value of these</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">securities was &#36;15,939,889, representing 1.7% of net assets.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">i</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">A supranational organization is an entity formed by two or more central governments through international treaties.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">j</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Non-income producing.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">k</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">The principal represents the notional amount. See Note 1(c) regarding value recovery instruments.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">l</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">The security was issued on a discount basis with no stated coupon rate.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">m</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Principal amount is stated in 10 Mexican Peso Units.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">n</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">See Note 3(c) regarding investments in affiliated management investment companies.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">At August 31, 2016, the Fund had the following forward exchange contracts outstanding. See Note 1(c).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=21%></TD>
     <TD width=12%></TD>
     <TD width=5%></TD>
     <TD width=12%></TD>
     <TD width=10%></TD>
     <TD width=10%></TD>
     <TD width=3%></TD>
     <TD width=6%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000656pt">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Forward Exchange Contracts</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Contract</FONT></B></TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Settlement</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000656pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">a </FONT></SUP></B><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Type</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Quantity</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Date</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Appreciation</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">OTC Forward Exchange Contracts</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">980,688,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,566,288</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/01/16</FONT></TD>
	<TD align=left style="TEXT-INDENT:5.294006pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(87,391</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">980,688,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,709,485</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/01/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(769,412</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,898,300,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,607,480</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/02/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">118,490</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,898,300,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,773,976</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/02/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">48,006</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,180,229,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,783,389</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/02/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(49,824</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,180,229,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,739,289</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/02/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,723</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,123,610,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,607,453</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/06/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">42,388</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,123,610,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,652,368</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/06/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,526</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">695,440,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,055,232</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/06/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(34,089</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,180,229,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,683,276</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/06/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">49,702</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,875,669,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,768,515</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/06/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,395</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,684,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,515,490</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/06/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">58,474</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">893,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,003,645</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/06/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,368</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">510,998,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">744,255</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/09/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,874</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,817,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,487,045</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/09/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">112,224</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,548,865</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,042,494</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/09/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">82,662</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,640,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,149,138</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/09/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">87,617</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,325,806</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,510,172</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/09/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">30,835</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">192,016,500</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,701,083</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/09/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(155,562</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,571,026,500</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,313,225</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/12/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(7,594</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,891,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,440,406</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/12/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(17,722</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,128,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,647,413</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/13/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,894</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Australian Dollar</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,404,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,054,074</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(258,373</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,158,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,256,829</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/19/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(362,905</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,316,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,174,161</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/19/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,507</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,324,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,508,908</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/19/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(53,563</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,640,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,896,461</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/19/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(737,552</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_17"></A><BR>

<a name="_bclPageBorder17"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=17%></TD>
     <TD width=15%></TD>
     <TD width=5%></TD>
     <TD width=12%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=8%></TD>
     <TD width=3%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000656pt">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=12>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Contract</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Settlement</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000656pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">a </FONT></SUP></B><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Type</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Quantity</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Date</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Appreciation</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2>
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">OTC Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,284,555,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,846,686</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/20/16</FONT></TD>
	<TD align=left style="TEXT-INDENT:5.294556pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">37,244</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">521,800,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">792,768</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/20/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(27,495</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">132,990,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,101,002</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/20/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(185,570</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,316,496,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,995,598</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/22/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(65,149</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,951,632</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,212,712</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/22/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">33,799</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">905,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,025,510</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/23/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">15,071</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">220,552,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,988,747</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/23/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(145,218</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">311,200,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,807,321</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/23/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(203,714</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">125,158,380</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,116,464</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/26/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(94,685</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10,258,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,817,639</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/26/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(369,461</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10,307,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,795,119</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/28/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(435,744</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,239,050</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,047,569</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/29/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">79,740</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,987,740</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,632,804</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/29/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">62,450</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,683,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,549,117</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/29/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">85,481</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,821,732</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,315,144</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/29/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">46,999</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,155,002,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,677,928</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/30/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,568</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,618,433</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,220,122</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9/30/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">61,981</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,013,937,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,430,565</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/03/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(85,063</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,875,669,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,761,789</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/03/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(13,902</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Australian Dollar</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">26,618,090</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">20,232,144</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/06/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">249,933</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">278,975,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,517,053</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/06/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(183,728</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">278,975,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,341,455</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/07/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(359,434</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,208,355,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,289,032</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/11/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(55,789</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">555,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,670,341</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/11/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(703,739</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">806,419,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,206,041</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/12/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(25,458</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">846,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">967,926</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/13/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">22,549</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">281,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,365,220</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/13/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(355,929</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">277,200,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,333,923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/13/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(350,428</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">806,419,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,212,660</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(32,264</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,760,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,025,408</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/17/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">58,340</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">142,760,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">29,481,249</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/17/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,877,055</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,026,660,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,543,850</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/18/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(41,547</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,688,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,881,698</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/18/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(4,978</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">16,567,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,779,824</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/18/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">55,853</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">16,567,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,308,416</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/18/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(527,260</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,327,871</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,282,703</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/19/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(25,740</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">67,596,340</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,979,767</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/21/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(403,894</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,898,900,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,888,720</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/24/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(111,385</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">146,100,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,230,238</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/24/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(185,191</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">21,771,590</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,277,526</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/24/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(126,144</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">62,150,960</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,641,523</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/24/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(354,695</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,412,561,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,144,793</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/25/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(78,941</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">298,440,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">455,425</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/25/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(18,960</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,780,907</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,095,914</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/27/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(13,472</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">68,380,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,002,963</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/27/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,161</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,651,270,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,995,283</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/28/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(118,748</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,196,046,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,791,749</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/28/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(42,958</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">869,744,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,523,436</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/28/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(13,539</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,743,550</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10,752,105</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/31/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(144,180</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,683,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,440,117</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/01/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(33,853</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,601,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,984,757</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/02/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(135,213</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">16,250,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">18,107,213</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/04/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(68,405</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">15</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_18"></A><BR>

<a name="_bclPageBorder18"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=17%></TD>
     <TD width=15%></TD>
     <TD width=5%></TD>
     <TD width=12%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=8%></TD>
     <TD width=3%></TD>
     <TD width=6%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000656pt">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=12>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Contract</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Settlement</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000656pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">a </FONT></SUP></B><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Type</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Quantity</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Date</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Appreciation</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2>
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">OTC Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,208,271,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,332,485</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/07/16</FONT></TD>
	<TD align=left style="TEXT-INDENT:5.295532pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(106,617</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,719,981,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,098,826</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/08/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(125,821</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,575,600</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,762,703</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/08/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">92</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,579,510</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,361,748</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/08/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,305</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">584,343,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">880,565</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/09/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(27,111</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">104,080,747</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">864,745</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/09/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(144,264</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">851,902</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">947,877</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/10/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(5,220</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,644,905,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,576,831</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(255,821</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">560,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">628,410</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,781</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,765,652</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,060,761</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(33,948</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">335,732,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,758,912</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(496,518</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">203,561,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,877,834</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(95,998</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">286,780,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,354,806</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(425,961</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">102,242,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">838,867</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(152,524</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">152,158,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,403,698</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(71,705</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,173,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,424,960</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(207,449</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,349,575</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,513,386</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/15/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,174</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,820,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,397,677</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/15/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,963</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,955,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,434,148</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/15/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,393</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Australian Dollar</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">15,958,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,671,681</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/16/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(296,354</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,625,385,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,493,495</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/16/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(121,126</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12,428,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">13,918,863</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/16/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10,987</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">152,157,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,254,127</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/16/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(221,389</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">245,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,018,371</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/16/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(357,474</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">103,657,300</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">957,469</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/16/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(47,730</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,268,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,647,552</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/16/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(174,466</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,138,616,500</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,275,064</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/17/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(153,889</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">13,274,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,876,939</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/17/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10,051</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">13,274,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,314,836</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/17/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(572,154</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,228,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,391,042</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/18/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">16,698</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Indonesian Rupiah</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">34,485,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,466,526</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">AUD</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/18/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(29,767</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">592,373,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,878,027</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/18/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(866,889</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,321,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,237,274</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/18/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(318,778</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">UBSW</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,844,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,141,390</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/21/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">122,840</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,556,879,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">13,518,667</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/21/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,582,063</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">16,347,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">13,822,933</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/21/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(816,211</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">662,940,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,000,287</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/22/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(33,223</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,056,324</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,748,065</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/22/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">88,196</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">412,387,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,367,840</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/22/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">74,023</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">UBSW</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">370,478</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">420,863</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/23/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,145</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,870,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,989,757</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/23/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(267,019</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,570,389,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,329,090</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/25/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(38,932</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,085,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12,606,527</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/25/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">196,774</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">154,574,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,421,239</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/25/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(78,281</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">245,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,422,794</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/25/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,503,987</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,464,790</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,656,209</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/28/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">16,152</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,685,912</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,822,481</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/28/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">97,274</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">860,890,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,880,938</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/28/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(471,596</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">696,345,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,388,633</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/28/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(367,451</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">50,063,035</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10,796,428</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/28/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">111,423</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">515,662,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">773,686</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/30/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(22,022</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,151,765,600</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,873,294</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/30/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">315,352</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">16 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_19"></A><BR>

<a name="_bclPageBorder19"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=17%></TD>
     <TD width=15%></TD>
     <TD width=4%></TD>
     <TD width=12%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=8%></TD>
     <TD width=3%></TD>
     <TD width=6%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000656pt">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=12>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Contract</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Settlement</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000656pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">a </FONT></SUP></B><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Type</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Quantity</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Date</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Appreciation</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2>
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">OTC Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">118,779,709</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">25,789,159</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11/30/16</FONT></TD>
	<TD align=left style="TEXT-INDENT:5.296112pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">65,760</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">454,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">486,756</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/02/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(21,663</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,230,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,890,101</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/02/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,577</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,230,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,725,738</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/02/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(166,940</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chilean Peso.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,123,610,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,640,187</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/06/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(3,157</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">230,100,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,152,479</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/09/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(81,229</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Australian Dollar</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,507,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,054,253</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/12/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(322,098</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">496,800,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,680,015</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/12/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(143,434</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Australian Dollar</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12,551,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,261,571</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/13/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(145,731</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">167,200,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,580,370</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/13/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(43,064</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">505,050,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,769,122</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/13/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(134,677</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">467,930,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,416,788</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/13/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(126,593</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Australian Dollar</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,460,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,244,495</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(96,363</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Australian Dollar</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,228,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,026,741</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/14/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(142,190</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,870,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,293,057</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/15/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(172,954</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Australian Dollar</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,690,900</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,241,651</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/16/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(25,644</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">187,120,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,777,693</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/16/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(39,432</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Australian Dollar</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,408,700</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,501,338</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/20/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(53,199</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,874,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,995,833</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">12/20/16</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(265,080</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">69,178,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">590,478</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/10/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(82,167</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">278,975,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,372,418</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/10/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(340,166</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">278,975,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,767,609</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/10/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">55,025</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,509,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,661,152</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/11/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(32,028</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">474,230,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,748,521</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/11/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">137,160</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">237,550,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,334,748</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/13/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">24,602</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">94,950,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">815,399</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/17/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(108,167</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Indonesian Rupiah</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">111,570,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,021,436</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">AUD</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/19/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(20,709</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">372,780,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,555,026</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/19/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(71,326</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">219,020,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,090,733</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/19/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(39,862</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,459,575</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,714,461</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/23/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(46,936</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">95,240,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">825,125</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/23/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(101,546</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,019,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,465,487</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/23/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(87,360</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,167,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,155,585</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/23/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(96,305</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">275,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,608,885</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/25/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(67,095</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,351,556</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,770,328</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/27/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(116,176</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,800,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,975,302</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/27/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(45,977</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">95,800,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">817,832</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/27/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(114,478</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,167,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,169,351</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/27/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(112,870</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">817,266,455</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,979,218</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/31/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(975,905</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">35,000,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">30,826,141</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/31/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(525,781</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,094,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">4,639,014</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/08/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">39,028</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,393,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,514,431</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/09/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">83,660</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">152,232,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,320,312</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/09/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(162,168</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,662,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,621,589</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/10/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">11,783</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">613,483,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,028,191</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/10/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">53,609</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">23,553,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">26,989,383</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/13/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">518,939</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,183,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,346,964</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/13/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">17,429</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,210,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,081,698</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/16/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">101,457</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,873,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,831,302</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/16/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">105,829</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">195,642,140</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,742,868</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/16/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(163,034</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">100,450,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">993,242</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/16/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,680</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,403,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,576,060</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/22/17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,421</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">17</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_20"></A><BR>

<a name="_bclPageBorder20"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left"><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="17%"></TD>

   <TD width="7%"></TD>

   <TD width="7%"></TD>

   <TD width="5%"></TD>

   <TD width="12%"></TD>

   <TD width="12%"></TD>

   <TD width="2%"></TD>

   <TD width="8%"></TD>

   <TD width="3%"></TD>

   <TD width="6%"></TD>

   <TD width="2%"></TD>

   <TD width="10%"></TD>

   <TD width="2%"></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=3 align=left><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Forward Exchange Contracts </FONT></B><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(continued)</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=13>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Contract</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Settlement</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Unrealized</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Unrealized</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Currency</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Counterparty</FONT></B><B><SUP><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>a </FONT></SUP></B><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Type</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Quantity</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Amount*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Date</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Appreciation</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Depreciation</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=3 align=left><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>OTC Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">(continued)</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Mexican Peso</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>HSBK</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Buy</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>21,920,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,179,224</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2/23/17</FONT></TD>

   <TD style="TEXT-INDENT: 5.295pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(33,615</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>HSBK</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>796,744,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7,194,639</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2/27/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(571,428</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Mexican Peso</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>CITI</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Buy</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>62,000,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,291,919</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2/27/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(52,883</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Euro.</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>BOFA</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,471,272</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,640,586</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2/28/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(14,144</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>BZWS</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>726,500,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7,164,906</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2/28/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>83,154</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>JPHQ</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>304,127,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,999,576</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2/28/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>35,017</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Malaysian Ringgit</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>DBAB</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Buy</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>71,195,440</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>15,390,946</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>EUR</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2/28/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(8,650</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Mexican Peso</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>MSCO</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Buy</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>117,000,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,279,014</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3/01/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(167,952</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>JPHQ</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>416,700,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,738,091</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3/03/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(324,443</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>HSBK</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>196,900,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,753,339</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3/06/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(166,601</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Mexican Peso</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>HSBK</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Buy</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>82,460,700</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,474,993</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3/10/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(172,122</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Australian Dollar</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>JPHQ</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>8,540,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,225,660</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3/17/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(162,953</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>JPHQ</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>130,931,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,169,069</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3/31/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(109,298</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Mexican Peso</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>CITI</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Buy</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>21,365,740</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,169,431</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4/07/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(57,886</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>CITI</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>146,000,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,372,180</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4/13/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(54,290</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>South Korean Won.</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>HSBK</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>13,696,000,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>12,015,616</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4/25/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(257,539</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>South Korean Won.</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>HSBK</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,816,000,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,329,988</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4/26/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(89,593</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>BOFA</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>705,633,500</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,581,174</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5/18/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(325,839</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>CITI</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>705,604,100</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,577,679</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5/18/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(329,046</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>BOFA</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>704,526,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,544,598</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5/19/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(351,938</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>HSBK</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>707,007,200</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,567,647</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5/19/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(353,177</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>BOFA</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>706,440,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,537,757</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5/22/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(378,609</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>JPHQ</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>532,106,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,940,127</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5/22/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(269,431</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Mexican Peso</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>JPHQ</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Buy</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>39,025,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,049,579</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5/30/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(30,780</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>CITI</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>153,700,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,455,989</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6/08/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(50,182</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>CITI</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>230,997,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,215,607</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6/16/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(49,015</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>JPHQ</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>197,300,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,891,595</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6/16/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(42,672</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>DBAB</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>186,830,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,788,925</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6/19/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(42,997</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>CITI</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>207,460,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,021,289</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6/20/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(13,027</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>DBAB</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>187,160,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,818,500</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6/22/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(16,958</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>JPHQ</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>154,420,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,509,187</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7/14/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(7,011</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Malaysian Ringgit</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>DBAB</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Buy</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>9,759,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,166,837</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>EUR</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7/20/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(95,061</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>CITI</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>178,564,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,710,219</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7/25/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(44,093</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>DBAB</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>631,276,974</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,080,846</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7/31/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(123,201</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>DBAB</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>687,444,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,960,753</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>8/18/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>198,063</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>HSBK</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,286,140,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>13,044,016</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>8/22/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>388,922</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>JPHQ</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>926,943,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>9,401,664</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>8/22/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>280,923</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>BZWS</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>307,053,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,108,721</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>8/24/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>87,114</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>DBAB</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>303,441,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,076,621</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>8/24/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>90,559</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>JPHQ</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>800,079,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>8,098,580</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>8/28/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>223,546</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>DBAB</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>509,728,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5,172,724</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>8/30/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>155,014</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>JPHQ</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>450,908,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>4,566,619</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>8/30/17</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>127,927</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Japanese Yen</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>HSBK</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Sell</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>980,688,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>9,738,709</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>9/01/17</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>83,861</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=2 align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&nbsp;&nbsp; Total Forward Exchange Contracts</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 5.3pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7,459,170</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(29,226,977</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 15.964pt" colSpan=3 align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Net unrealized appreciation (depreciation)</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(21,767,807</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR>

   <TD colSpan=13>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=2 align=left><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*In U.S. dollars unless otherwise indicated.</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=6 align=left><SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">May be comprised of multiple contracts with the same counterparty, currency and settlement date.</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>18 Annual Report</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_21"></A><BR>

<a name="_bclPageBorder21"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">At August 31, 2016, the Fund had the following interest rate swap contracts outstanding. See Note 1(c).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=39%></TD>
     <TD width=14%></TD>
     <TD width=2%></TD>
     <TD width=9%></TD>
     <TD width=7%></TD>
     <TD width=6%></TD>
     <TD width=3%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Interest Rate Swap Contracts</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Notional</FONT></B></TD>
	<TD align=right>
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Expiration</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Description</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Exchange</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Amount</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Date</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Appreciation</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Centrally Cleared Swap Contracts</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 0.926%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">58,090,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">10/17/17</FONT></TD>
	<TD align=left style="TEXT-INDENT:23.145905pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(114,414</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 1.914%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">35,260,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/22/25</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,554,557</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 1.970%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">44,070,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/23/25</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2,137,068</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 1.973%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">26,010,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/27/25</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,266,655</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 1.937%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,500,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/29/25</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(297,039</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 1.942%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">5,500,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1/30/25</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(252,657</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 1.817%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,680,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2/03/25</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(310,328</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 1.978%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">800,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3/27/25</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(44,540</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 1.985%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">800,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3/27/25</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(45,046</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 2.449%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">6,340,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7/02/25</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(581,236</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 2.310%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">16,220,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7/29/25</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,278,308</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Pay Fixed rate 2.752%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">23,960,000</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7/29/45</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(6,188,749</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:15.964798pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Total Interest Rate Swap Contracts</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:23.149048pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(14,070,597</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:23.947205pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net unrealized appreciation (depreciation)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(14,070,597</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">See Abbreviations on page 31.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">The accompanying notes are an integral part of these financial statements. </FONT><FONT color="#545454" size=1 face="Arial,Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report 19</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_22"></A><BR>

<a name="_bclPageBorder22"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left"><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Financial Statements</FONT></B></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Statement of Assets and Liabilities</FONT></B><BR><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>August 31, 2016</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="61%"></TD>

   <TD width="2%"></TD>

   <TD width="32%"></TD>

   <TD width="2%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Assets:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Investments in securities:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Cost - Unaffiliated issuers</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>823,312,608</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Cost - Non-controlled affiliates (Note 3c)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>113,186,351</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Total cost of investments</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>936,498,959</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Value - Unaffiliated issuers</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>778,623,807</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Value - Non-controlled affiliates (Note 3c)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>113,186,351</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Total value of investments</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>891,810,158</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Cash.</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,170,000</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Foreign currency, at value (cost $2,032,114)</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>2,023,514</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Receivables:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Investment securities sold</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>26,314,496</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Interest</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>13,371,314</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Due from brokers</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>39,674,627</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Variation margin</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>37,505</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Unrealized appreciation on OTC forward exchange contracts</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7,459,170</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total assets</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>982,860,784</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Liabilities:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Payables:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Management fees</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>491,031</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Unrealized depreciation on OTC forward exchange contracts</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>29,226,977</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Deferred tax.</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,558,493</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Accrued expenses and other liabilities.</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>392,901</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>31,669,402</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net assets, at value</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>951,191,382</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Net assets consist of:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Paid-in capital</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,023,418,867</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Undistributed net investment income</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>9,720,435</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Net unrealized appreciation (depreciation)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(81,947,920</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net assets, at value</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>951,191,382</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Shares outstanding.</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>134,144,158</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Net asset value per share</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7.09</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>20 Annual Report </FONT><FONT color=#545454 size=1 face=Arial,Arial,Helvetica,sans-serif>| </FONT><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>The accompanying notes are an integral part of these financial statements.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=-->
<A name=page_22></A><BR>

<a name="_bclPageBorder23"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="51%"></TD>

   <TD width="2%"></TD>

   <TD width="42%"></TD>

   <TD width="2%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">FINANCIAL STATEMENTS</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Statement of Operations</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>for the year ended August 31, 2016</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Investment income:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Interest (net of foreign taxes of $1,241,635)</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>42,095,605</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Inflation principal adjustments</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7,056,823</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 23.947pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Total investment income</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>49,152,428</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Expenses:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Management fees (Note 3a)</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,146,757</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Transfer agent fees.</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>168,603</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Custodian fees (Note 4)</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>426,132</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Reports to shareholders</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>83,311</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Registration and filing fees</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>131,447</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Professional fees</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>110,218</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Trustees&#8217; fees and expenses</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>100,203</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Other</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>119,651</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 23.947pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Total expenses</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7,286,322</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 23.947pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Expense reductions (Note 4)</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(8,857</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 23.947pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Expenses waived/paid by affiliates (Note 3c)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(307,650</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net expenses</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>6,969,815</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 31.929pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Net investment income.</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>42,182,613</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Realized and unrealized gains (losses):</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Net realized gain (loss) from:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Investments</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(39,376,032</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Foreign currency transactions</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(31,176,901</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Swap contracts.</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(3,111,326</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net realized gain (loss)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(73,664,259</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Net change in unrealized appreciation (depreciation) on:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Investments</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>68,006,150</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Translation of other assets and liabilities</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; denominated in foreign currencies.</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(17,073,522</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7.982pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Swap contracts.</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(16,522,353</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Change in deferred taxes on unrealized appreciation</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(1,088,610</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 31.929pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Net change in unrealized appreciation (depreciation)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>33,321,665</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Net realized and unrealized gain (loss)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(40,342,594</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Net increase (decrease) in net assets resulting from operations</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>1,840,019</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>The accompanying notes are an integral part of these financial statements. </FONT><FONT color=#545454 size=1 face=Arial,Arial,Helvetica,sans-serif>| </FONT><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Annual Report 21</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_24"></A><BR>

<a name="_bclPageBorder24"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=55%></TD>
     <TD width=2%></TD>
     <TD width=21%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=5%></TD>
     <TD width=5%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">FINANCIAL STATEMENTS</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=8>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=8>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.002579pt">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Statements of Changes in Net Assets</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=8>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=5 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Year Ended August 31,</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">2016</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">2015</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Increase (decrease) in net assets:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991989pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Operations:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:11.974396pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net investment income</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">42,182,613</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">44,843,491</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:11.974396pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net realized gain (loss)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(73,664,259</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">35,123,071</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:11.974396pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net change in unrealized appreciation (depreciation)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">33,321,665</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(174,293,371</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:27.939194pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net increase (decrease) in net assets resulting from operations</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,840,019</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(94,326,809</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Distributions to shareholders from:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net investment income and net foreign currency gains</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(14,394,453</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(85,047,396</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net realized gains</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2,405,934</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(348,775</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Tax return of capital</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(23,442,860</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Total distributions to shareholders</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(40,243,247</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(85,396,171</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:27.938400pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net increase (decrease) in net assets</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(38,403,228</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(179,722,980</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net assets:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Beginning of year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">989,594,610</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,169,317,590</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">End of year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">951,191,382</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">989,594,610</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Undistributed net investment income included in net assets:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">End of year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">9,720,435</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Distributions in excess of net investment income included in net assets:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.991196pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">End of year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(10,728,258</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">22 Annual Report </FONT><FONT color="#545454" size=1 face="Arial,Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">The accompanying notes are an integral part of these financial statements.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_25"></A><BR>

<a name="_bclPageBorder25"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: center;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Notes to Financial Statements</FONT></B></P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">1. Organization and Significant Accounting Policies</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Templeton Global Income Fund (Fund) is registered under the Investment Company Act of 1940 (1940 Act) as a closed-end management investment company and applies the specialized accounting and reporting guidance in U.S. Generally Accepted Accounting Principles (U.S. GAAP).</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">As approved by the Fund&#146;s Board of Trustees (the Board) at a meeting held on July 13, 2016, the Fund&#146;s fiscal year-end will be changed to December 31st. As a result, the Fund will experience a shortened fiscal year covering the transitional period between the Fund&#146;s current fiscal year end and December 31, 2016.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The following summarizes the Fund&#146;s significant accounting policies.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">a. Financial Instrument Valuation</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund&#146;s investments in financial instruments are carried at fair value daily. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Fund calculates the net asset value (NAV) per share as of 4 p.m. Eastern time each day the New York Stock Exchange (NYSE) is open for trading. Under compliance policies and procedures approved by the the Board, the Fund&#146;s administrator has responsibility for oversight of valuation, including leading the cross-functional Valuation Committee (VC). The VC provides administration and oversight of the Fund&#146;s valuation policies and procedures, which are approved annually by the Board. Among other things, these procedures allow the Fund to utilize independent pricing services, quotations from securities and financial instrument dealers, and other market sources to determine fair value.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Debt securities generally trade in the over-the-counter (OTC) market rather than on a securities exchange. The Fund&#146;s pricing services use multiple valuation techniques to determine fair value. In instances where sufficient market activity exists, the pricing services may utilize a market-based approach through which quotes from market makers are used to determine fair value. In instances where sufficient market activity may not exist or is limited, the pricing services also utilize proprietary valuation models which may consider market characteristics such as benchmark yield curves, credit spreads, estimated default rates, anticipated market interest rate volatility, coupon</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">rates, anticipated timing of principal repayments, underlying collateral, and other unique security features in order to estimate the relevant cash flows, which are then discounted to calculate the fair value. Securities denominated in a foreign currency are converted into their U.S. dollar equivalent at the foreign exchange rate in effect at 4 p.m. Eastern time on the date that the values of the foreign debt securities are determined.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Investments in open-end mutual funds are valued at the closing NAV.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Derivative financial instruments listed on an exchange are valued at the official closing price of the day. Certain derivative financial instruments trade in the OTC market. The Fund&#146;s pricing services use various techniques including industry standard option pricing models and proprietary discounted cash flow models to determine the fair value of those instruments. The Fund&#146;s net benefit or obligation under the derivative contract, as measured by the fair value of the contract, is included in net assets.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund has procedures to determine the fair value of financial instruments for which market prices are not reliable or readily available. Under these procedures, the VC convenes on a regular basis to review such financial instruments and considers a number of factors, including significant unobservable valuation inputs, when arriving at fair value. The VC primarily employs a market-based approach which may use related or comparable assets or liabilities, recent transactions, market multiples, book values, and other relevant information for the investment to determine the fair value of the investment. An income-based valuation approach may also be used in which the anticipated future cash flows of the investment are discounted to calculate fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the investments. Due to the inherent uncertainty of valuations of such investments, the fair values may differ significantly from the values that would have been used had an active market existed. The VC employs various methods for calibrating these valuation approaches including a regular review of key inputs and assumptions, transactional back-testing or disposition analysis, and reviews of any related market activity.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">b. Foreign Currency Translation</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Portfolio securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars based on the exchange rate of such currencies against U.S. dollars on the</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">23</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_26"></A><BR>

<a name="_bclPageBorder26"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">1. Organization and Significant Accounting</FONT></B></P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Policies </FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(continued)</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">b. Foreign Currency Translation </FONT></B><I><FONT size=1 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">(continued)</FONT></I></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">date of valuation. The Fund may enter into foreign currency exchange contracts to facilitate transactions denominated in a foreign currency. Purchases and sales of securities, income and expense items denominated in foreign currencies are translated into U.S. dollars at the exchange rate in effect on the transaction date. Portfolio securities and assets and liabilities denominated in foreign currencies contain risks that those currencies will decline in value relative to the U.S. dollar. Occasionally, events may impact the availability or reliability of foreign exchange rates used to convert the U.S. dollar equivalent value. If such an event occurs, the foreign exchange rate will be valued at fair value using procedures established and approved by the Board.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund does not separately report the effect of changes in foreign exchange rates from changes in market prices on securities held. Such changes are included in net realized and unrealized gain or loss from investments in the Statement of Operations.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Realized foreign exchange gains or losses arise from sales of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions and the difference between the recorded amounts of dividends, interest, and foreign withholding taxes and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign exchange gains and losses arise from changes in foreign exchange rates on foreign denominated assets and liabilities other than investments in securities held at the end of the reporting period.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">c. Derivative Financial Instruments</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund invested in derivative financial instruments in order to manage risk or gain exposure to various other investments or markets. Derivatives are financial contracts based on an underlying or notional amount, require no initial investment or an initial net investment that is smaller than would normally be required to have a similar response to changes in market factors, and require or permit net settlement. Derivatives contain various risks including the potential inability of the counterparty to fulfill their obligations under the terms of the contract, the potential for an illiquid secondary market, and/or the potential for market movements which expose the Fund to gains or losses in excess of the amounts shown in the Statement of Assets and</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Liabilities. Realized gain and loss and unrealized appreciation and depreciation on these contracts for the period are included in the Statement of Operations.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Derivative counterparty credit risk is managed through a formal evaluation of the creditworthiness of all potential counter-parties. The Fund attempts to reduce its exposure to counterparty credit risk on OTC derivatives, whenever possible, by entering into International Swaps and Derivatives Association (ISDA) master agreements with certain counterparties. These agreements contain various provisions, including but not limited to collateral requirements, events of default, or early termination. Termination events applicable to the counterparty include certain deteriorations in the credit quality of the counterparty. Termination events applicable to the Fund include failure of the Fund to maintain certain net asset levels and/or limit the decline in net assets over various periods of time. In the event of default or early termination, the ISDA master agreement gives the non-defaulting party the right to net and close-out all transactions traded, whether or not arising under the ISDA agreement, to one net amount payable by one counterparty to the other. However, absent an event of default or early termination, OTC derivative assets and liabilities are presented gross and not offset in the Statement of Assets and Liabilities. Early termination by the counterparty may result in an immediate payment by the Fund of any net liability owed to that counterparty under the ISDA agreement.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Collateral requirements differ by type of derivative. Collateral or initial margin requirements are set by the broker or exchange clearing house for exchange traded and centrally cleared derivatives. Initial margin deposited is held at the exchange and can be in the form of cash and/or securities. For OTC derivatives traded under an ISDA master agreement, posting of collateral is required by either the Fund or the applicable counterparty if the total net exposure of all OTC derivatives with the applicable counterparty exceeds the minimum transfer amount, which typically ranges from &#36;100,000 to &#36;250,000, and can vary depending on the counterparty and the type of the agreement. Generally, collateral is determined at the close of Fund business each day and any additional collateral required due to changes in derivative values may be delivered by the Fund or the counterparty within a few business days. Collateral pledged and/or received by the Fund for OTC derivatives, if any, is held in segregated accounts with the Fund&#146;s custodian/counterparty broker and can be in the form of cash and/or securities. Unrestricted cash may be invested according</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">24 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_27"></A><BR>

<a name="_bclPageBorder27"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: center;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: center;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">to the Fund&#146;s investment objectives. To the extent that the amounts due to the Fund from its counterparties are not subject to collateralization or are not fully collateralized, the Fund bears the risk of loss from counterparty non-performance.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund entered into OTC forward exchange contracts primarily to manage and/or gain exposure to certain foreign currencies. A forward exchange contract is an agreement between the Fund and a counterparty to buy or sell a foreign currency at a specific exchange rate on a future date.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund entered into interest rate swap contracts primarily to manage interest rate risk. An interest rate swap is an agreement between the Fund and a counterparty to exchange cash flows based on the difference between two interest rates, applied to a notional amount. These agreements may be privately negotiated in the over-the-counter market (OTC interest rate swaps) or may be executed on a registered exchange (centrally cleared interest rate swaps). For centrally cleared interest rate swaps, required initial margins are pledged by the Fund, and the daily change in fair value is accounted for as a variation margin payable or receivable in the Statement of Assets and Liabilities. Over the term of the contract, contractually required payments to be paid and to be received are accrued daily and recorded as unrealized depreciation and appreciation until the payments are made, at which time they are realized.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund invests in value recovery instruments (VRI) primarily to gain exposure to growth risk. Periodic payments from VRI are dependent on established benchmarks for underlying variables. VRI has a notional amount, which is used to calculate amounts of payments to holders. Payments are recorded upon receipt as realized gains in the Statement of Operations. The risks of investing in VRI include growth risk, liquidity, and the potential loss of investment.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">See Note 9 regarding other derivative information.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">d. Income and Deferred Taxes</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">It is the Fund&#146;s policy to qualify as a regulated investment company under the Internal Revenue Code. The Fund intends to distribute to shareholders substantially all of its taxable income and net realized gains to relieve it from federal income and excise taxes. As a result, no provision for U.S. federal income taxes is required.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund may be subject to foreign taxation related to income received, capital gains on the sale of securities and certain foreign currency transactions in the foreign jurisdictions in which it invests. Foreign taxes, if any, are recorded based on the tax regulations and rates that exist in the foreign markets in which the Fund invests. When a capital gain tax is determined to apply, the Fund records an estimated deferred tax liability in an amount that would be payable if the securities were disposed of on the valuation date.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund may recognize an income tax liability related to its uncertain tax positions under U.S. GAAP when the uncertain tax position has a less than 50% probability that it will be sustained upon examination by the tax authorities based on its technical merits. As of August 31, 2016, the Fund has determined that no tax liability is required in its financial statements related to uncertain tax positions for any open tax years (or expected to be taken in future tax years). Open tax years are those that remain subject to examination and are based on each tax jurisdiction&#146;s statute of limitation.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">e. Security Transactions, Investment Income, Expenses and Distributions</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Security transactions are accounted for on trade date. Realized gains and losses on security transactions are determined on a specific identification basis. Interest income and estimated expenses are accrued daily. Amortization of premium and accretion of discount on debt securities are included in interest income. Distributions to shareholders are recorded on the ex-dividend date and are determined according to income tax regulations (tax basis). Distributable earnings determined on a tax basis may differ from earnings recorded in accordance with U.S. GAAP. These differences may be permanent or temporary. Permanent differences are reclassified among capital accounts to reflect their tax character. These reclassifications have no impact on net assets or the results of operations. Temporary differences are not reclassified, as they may reverse in subsequent periods.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Inflation-indexed bonds are adjusted for inflation through periodic increases or decreases in the security&#146;s interest accruals, face amount, or principal redemption value, by amounts corresponding to the rate of inflation as measured by an index. Any increase or decrease in the face amount or principal redemption value will be included as inflation principal adjustments in the Statement of Operations.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">25</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_28"></A><BR>

<a name="_bclPageBorder28"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left"><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>1. Organization and Significant Accounting</FONT></B></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Policies </FONT></B><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(continued)</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">f. Accounting Estimates</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the amounts of income and expenses during the reporting period. Actual results could differ from those estimates.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">g. Guarantees and Indemnifications</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Additionally, in the normal course of business, the Fund enters into contracts with service providers that contain general indemnification clauses. The Fund&#8217;s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund that have not yet occurred. Currently, the Fund expects the risk of loss to be remote.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Under the Fund&#8217;s organizational documents, its officers and </FONT><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">trustees are indemnified by the Fund against certain liabilities </FONT><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">arising out of the performance of their duties to the Fund.</FONT><BR><BR><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>2. Shares of Beneficial Interest</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">At August 31, 2016, there were an unlimited number of shares authorized (without par value). During the year ended August 31, 2016 and August, 31 2015 there were no shares issued; all reinvested distributions were satisfied with previously issued shares purchased in the open market.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Under the Board approved open-market share repurchase program, the Fund may purchase, from time to time, Fund shares in open-market transactions, at the discretion of management. Since the inception of the program, the Fund has repurchased a total of 11,210,400 shares. During the year ended August 31, 2016 and August 31, 2015, there were no shares repurchased.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>3. Transactions with Affiliates</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Franklin Resources, Inc. is the holding company for various subsidiaries that together are referred to as Franklin Templeton Investments. Certain officers and trustees of the Fund are also officers and/or directors of the following subsidiaries:</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="66%"></TD>

   <TD width="33%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.498pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Subsidiary</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Affiliation</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.498pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Franklin Advisers, Inc. (Advisers)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Investment manager</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.498pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Franklin Templeton Services, LLC (FT Services)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Administrative manager</FONT></TD></TR>

<TR>

   <TD colSpan=2>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">a. Management Fees</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund pays an investment management fee to Advisers based on the average daily net assets of the Fund as follows:</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="32%"></TD>

   <TD width="4%"></TD>

   <TD width="62%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Annualized Fee Rate</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Net Assets</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>0.700</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Up to and including $200 million</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>0.635</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Over $200 million, up to and including $700 million</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>0.600</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Over $700 million, up to and including $1 billion</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>0.580</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Over $1 billion, up to and including $5 billion</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>0.560</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Over $5 billion, up to and including $10 billion</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>0.540</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Over $10 billion, up to and including $15 billion</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>0.520</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Over $15 billion, up to and including $20 billion</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>0.500</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>In excess of $20 billion</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>26 Annual Report</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_29"></A><BR>

<a name="_bclPageBorder29"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: right"><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">For the year ended August 31, 2016, the annualized effective management fee rate was 0.639% of the Fund&#8217;s average daily net assets.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">b. Administrative Fees</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Under an agreement with Advisers, FT Services provides administrative services to the Fund. The fee is paid by Advisers based on the Fund&#8217;s average daily net assets, and is not an additional expense of the Fund.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">c. Investments in Affiliated Management Investment Companies</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund invests in one or more affiliated management investment companies for purposes other than exercising a controlling influence over the management or policies. Management fees paid by the Fund are waived on assets invested in the affiliated management investment companies, as noted in the Statement of Operations, in an amount not to exceed the management and administrative fees paid directly or indirectly by each affiliate. Prior to September 1, 2013, the waiver was accounted for as a reduction to management fees.</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="19%"></TD>

   <TD width="10%"></TD>

   <TD width="9%"></TD>

   <TD width="9%"></TD>

   <TD width="2%"></TD>

   <TD width="8%"></TD>

   <TD width="2%"></TD>

   <TD width="9%"></TD>

   <TD width="7%"></TD>

   <TD width="8%"></TD>

   <TD width="8%"></TD>

   <TD width="2%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>% of</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Affiliated</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Number of</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Number of</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Fund Shares</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Shares Held</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Shares</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Value</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Outstanding</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>at Beginning</FONT></B></TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Gross</FONT></B></TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Gross</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Held at End</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>at End</FONT></B></TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Investment</FONT></B></TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Realized</FONT></B></TD>

   <TD align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Held at End</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>of Year</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Additions</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Reductions</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>of Year</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>of Year</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Income</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Gain (Loss)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>of Year</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=12>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Non-Controlled Affiliates</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Institutional Fiduciary Trust Money</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Market Portfolio</FONT></TD>

   <TD align=right><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">102,398,725</FONT></TD>

   <TD align=right><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">453,038,126</FONT></TD>

   <TD align=right><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">(442,250,500</FONT></TD>

   <TD align=left><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">)</FONT></TD>

   <TD align=right><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">113,186,351</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">113,186,351</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">$-</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">$-</FONT></TD>

   <TD align=right><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">0.7</FONT></TD>

   <TD align=left><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">%</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>4. Expense Offset Arrangement</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund has entered into an arrangement with its custodian whereby credits realized as a result of uninvested cash balances are used to reduce a portion of the Fund&#8217;s custodian expenses. During the year ended August 31, 2016, the custodian fees were reduced as noted in the the Statement of Operations.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>5. Income Taxes</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The tax character of distributions paid during the years ended August 31, 2016 and 2015, was as follows:</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="42%"></TD>

   <TD width="4%"></TD>

   <TD width="34%"></TD>

   <TD width="4%"></TD>

   <TD width="14%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>2016</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>2015</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Distributions paid from:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Ordinary income</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>14,394,453</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>85,396,171</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Long term capital gain</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&nbsp; 2,405,934</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>16,800,387</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>85,396,171</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Return of capital.</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>23,442,860</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>40,243,247</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>85,396,171</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Due to fluctuations in foreign currency, a portion of the distributions paid for the year ended August 31, 2016 is determined to be a return of capital for federal income tax purposes.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Annual Report</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>27</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_30"></A><BR>

<a name="_bclPageBorder30"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left"><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>5. Income Taxes </FONT></B><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(continued)</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">At August 31, 2016, the cost of investments, net unrealized appreciation (depreciation), undistributed ordinary income and undistributed long term capital gains for income tax purposes were as follows:</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="61%"></TD>

   <TD width="5%"></TD>

   <TD width="28%"></TD>

   <TD width="5%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Cost of investments</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>947,312,188</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Unrealized appreciation</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>28,350,964</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Unrealized depreciation</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(83,852,994</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Net unrealized appreciation (depreciation)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(55,502,030</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>)</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Differences between income and/or capital gains as determined on a book basis and a tax basis are primarily due to differing treatment of foreign currency transactions.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>6. Investment Transactions</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Purchases and sales of investments (excluding short term securities) for the year ended August 31, 2016, aggregated $344,877,978 and $381,901,111, respectively.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>7. Credit Risk</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">At August 31, 2016, the Fund had 26.0% of its portfolio invested in high yield securities rated below investment grade. These securities may be more sensitive to economic conditions causing greater price volatility and are potentially subject to a greater risk of loss due to default than higher rated securities.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>8. Concentration of Risk</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Investing in foreign securities may include certain risks and considerations not typically associated with investing in U.S. securities, such as fluctuating currency values and changing local and regional economic, political and social conditions, which may result in greater market volatility. In addition, certain foreign securities may not be as liquid as U.S. securities.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=ArialMT-Bold,Arial,Helvetica,sans-serif>9. Other Derivative Information</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">At August 31, 2016, the Fund&#8217;s investments in derivative contracts are reflected in the Statement of Assets and Liabilities as follows:</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="20%"></TD>

   <TD width="25%"></TD>

   <TD width="2%"></TD>

   <TD width="11%"></TD>

   <TD width="24%"></TD>

   <TD width="2%"></TD>

   <TD width="9%"></TD>

   <TD width="2%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 53.458pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Asset Derivatives</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 49.242pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Liability Derivatives</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Derivative Contracts</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Not Accounted for as</FONT></B></TD>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Statement of Assets and</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Statement of Assets and</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Hedging Instruments</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Liabilities Location</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Fair Value</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Liabilities Location</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Fair Value</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Interest rate contracts</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Variation margin</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&#8212;</FONT><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>a</FONT></SUP></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Variation margin</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>14,070,597</FONT></TD>

   <TD align=left><SUP><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>a</FONT></SUP></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Foreign exchange</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Unrealized appreciation on OTC</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>7,459,170</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Unrealized depreciation on OTC</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>29,226,977</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&nbsp; contracts</FONT></TD>

   <TD style="TEXT-INDENT: 3.991pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>swap contracts</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD style="TEXT-INDENT: 3.992pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>swap contracts</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Value recovery instruments</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Investments in securities, at value</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>3,603,913</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp; Totals</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>11,063,083</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>43,297,574</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">This amount reflects the cumulative appreciation (depreciation) of centrally cleared swap contracts as reported in the Statement of Investments. Only the variation margin receivable/payable at year end is separately reported within the Statement of Assets and Liabilities. Prior variation margin movements were recorded to cash upon receipt or payment.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>28 Annual Report</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_31"></A><BR>

<a name="_bclPageBorder31"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">For the year ended August 31, 2016, the effect of derivative contracts in the Fund&#146;s Statement of Operations was as follows:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=20%></TD>
     <TD width=22%></TD>
     <TD width=2%></TD>
     <TD width=13%></TD>
     <TD width=2%></TD>
     <TD width=22%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Net Change in</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Derivative Contacts</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Net Realized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Appreciation</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Not Accounted for as</FONT></B></TD>
	<TD align=left style="TEXT-INDENT:0.000076pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Statement of</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=center>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Gain (Loss) for</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.001953pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Statement of</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">(Depreciation)</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Hedging Instruments</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000076pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Operations Locations</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">the Period</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.001953pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Operations Locations</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">for the Period</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.000076pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net realized gain (loss) from:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.000427pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Net change in unrealized</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.001953pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">appreciation (depreciation) on:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Interest rate contracts</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Swap contracts</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(3,111,326</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001862pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Swap contracts</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(16,522,353</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Foreign exchange contracts</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000610pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Foreign currency transactions</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(28,577,638</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT><SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Translation of other assets and</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(17,626,306</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT><SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:4.436646pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">liabilities denominated in</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:4.436646pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">foreign currencies</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Value recovery instruments</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001404pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Value recovery instruments</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.004852pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Value recovery instruments</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(801,917</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Totals</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(31,688,964</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(34,950,576</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Forward exchange contracts are included in net realized gain (loss) from foreign currency transactions and net change in unrealized appreciation (depreciation) on translation of other assets and liabilities denominated in foreign currencies in the Statement of Operations.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">For the year ended August 31, 2016, the average month end fair value of derivatives represented 6.0% of average month end net assets. The average month end number of open derivative contracts for the year was 292.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">At August 31, 2016, the Fund&#146;s OTC derivative assets and liabilities are as follows:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=35%></TD>
     <TD width=4%></TD>
     <TD width=41%></TD>
     <TD width=4%></TD>
     <TD width=14%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=center>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Gross Amounts of</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=center colspan=3>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Assets and Liabilities Presented</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=center colspan=3>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">in the Statement of Assets and Liabilities</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:36.544235pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Assets</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">a</FONT></SUP></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:2.249146pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Liabilities</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">a</FONT></SUP></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Derivatives</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Forward exchange contracts</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:35.626053pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,459,170</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:4.438232pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">29,226,977</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Absent an event of default or early termination, OTC derivative assets and liabilities are presented gross and not offset in the Statement of Assets and Liabilities.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">At August 31, 2016, the Fund&#146;s OTC derivative assets, which may be offset against the Fund&#146;s OTC derivative liabilities and collateral received from the counterparty, are as follows:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=20%></TD>
     <TD width=2%></TD>
     <TD width=27%></TD>
     <TD width=2%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=3%></TD>
     <TD width=6%></TD>
     <TD width=3%></TD>
     <TD width=4%></TD>
     <TD width=5%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=center colspan=5>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Amounts Not Offset in the</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left colspan=5 style="border-bottom:1px solid #000000;" style="TEXT-INDENT:16.849243pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Statement of Assets and Liabilities</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Gross</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Amounts of</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Financial</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Financial</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Assets Presented in</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Instruments</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Instruments</FONT></B></TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Cash</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Net Amount</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">the Statement of</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Available for</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Collateral</FONT></B></TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Collateral</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">(Not less</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Assets and Liabilities</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Offset</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Received</FONT></B></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Received</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">than zero)</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982407pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">95,892</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(95,892</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=center>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=center>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="TEXT-INDENT:11.939026pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982407pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS.</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,044,117</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,044,117</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982407pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">315,209</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(315,209</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982407pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,908,425</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2,908,425</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982407pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">456,081</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(413,817</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">42,264</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982407pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">811,419</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(811,419</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982407pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,267,505</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,267,505</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982407pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">189,206</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(189,206</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982407pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">242,331</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(242,331</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982407pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">UBSW</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">128,985</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">128,985</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:23.947205pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Total</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,459,170</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(7,287,921</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=center style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=center style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:11.938354pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">171,249</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">29</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_32"></A><BR>

<a name="_bclPageBorder32"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=17%></TD>
     <TD width=2%></TD>
     <TD width=25%></TD>
     <TD width=2%></TD>
     <TD width=11%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=3%></TD>
     <TD width=2%></TD>
     <TD width=11%></TD>
     <TD width=2%></TD>
     <TD width=3%></TD>
     <TD width=6%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=3 style="TEXT-INDENT:0.001480pt">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">9. Other Derivative Information </FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=6>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Amounts Not Offset in the</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=6 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Statement of Assets and Liabilities</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Gross</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Amounts of</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Financial</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Financial</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Liabilities Presented in</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Instruments</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Instruments</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Cash</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Net Amount</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">the Statement of</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Available for</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Collateral</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Collateral</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">(Not less</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Assets and Liabilities</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Offset</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Pledged</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Pledged</FONT></B><B><SUP><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">a</FONT></SUP></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">than zero)</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,704,028</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(95,892</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=center>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,608,136</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left style="TEXT-INDENT:5.281372pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,345,564</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,044,117</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(301,447</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,478,581</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(315,209</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(7,163,372</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,943,384</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2,908,425</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(190,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">844,959</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">413,817</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(413,817</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">8,867,413</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(811,419</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(8,055,994</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,510,680</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,267,505</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2,243,175</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,436,761</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(189,206</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1,000,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">247,555</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">SCNY.</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">526,749</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(242,331</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(284,418</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982391pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">UBSW</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:23.947189pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Total</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">29,226,977</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(7,287,921</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=center style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(20,846,542</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:5.282532pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,092,514</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">In some instances, the collateral amounts disclosed in the table above were adjusted due to the requirement to limit collateral amounts to avoid the effect of overcollateral-ization. Actual collateral received and/or pledged may be more than the amounts disclosed herein.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">See Note 1(c) regarding derivative financial instruments.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">See Abbreviations on page 31.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">10. Fair Value Measurements</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund follows a fair value hierarchy that distinguishes between market data obtained from the independent sources (observable inputs) and the Fund&#146;s own market assumptions (unobservable inputs). These inputs are used in determining the value of the Fund&#146;s financial instruments and are summarized in the following fair value hierarchy:</FONT></P>
<UL>
<LI>
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Level 1 &#150; quoted prices in active markets for identical financial instruments</FONT></LI>
<LI>
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Level 2 &#150; other significant observable inputs (including quoted prices for similar financial instruments, interest rates,</FONT> <FONT size=2 face="Times New Roman,Times New Roman,Times,serif">prepayment speed, credit risk, etc.)</FONT></LI>
<LI>
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Level 3 &#150; significant unobservable inputs (including the Fund&#146;s own assumptions in determining the fair value of financial</FONT> <FONT size=2 face="Times New Roman,Times New Roman,Times,serif">instruments)</FONT></LI>
</UL>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The input levels are not necessarily an indication of the risk or liquidity associated with financial instruments at that level.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">For movements between the levels within the fair value hierarchy, the Fund has adopted a policy of recognizing the transfers as of the date of the underlying event which caused the movement.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">30 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_33"></A><BR>

<a name="_bclPageBorder33"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">A summary of inputs used as of August 31, 2016, in valuing the Fund&#146;s assets and liabilities carried at fair value, is as follows:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=35%></TD>
     <TD width=5%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD>
     <TD width=14%></TD>
     <TD width=5%></TD>
     <TD width=9%></TD>
     <TD width=2%></TD>
     <TD width=13%></TD></TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Level 1</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Level 2</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Level 3</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Total</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Assets:</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982407pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Investments in Securities:</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.969208pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Foreign Government and Agency Securities</FONT><SUP><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">741,640,525</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001129pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">741,640,525</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.969666pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Short Term Investments</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">113,186,351</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">36,983,282</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">150,169,633</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:25.943268pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Total Investments in Securities</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">113,186,351</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">778,623,807</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.003387pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">891,810,158</FONT></TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982864pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Other Financial Instruments:</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.969666pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Forward Exchange Contracts</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,459,170</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.001678pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">7,459,170</FONT></TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000458pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Liabilities:</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.982864pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Other Financial Instruments:</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.969666pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Forward Exchange Contracts</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">29,226,977</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">29,226,977</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.969666pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Swap Contracts.</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,070,597</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">14,070,597</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:25.943268pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Total Other Financial Instruments</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">43,297,574</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">43,297,574</FONT></TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.001266pt">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">For detailed categories, see the accompanying Statement of Investments.</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">11. Subsequent Events</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund has evaluated subsequent events through the issuance of the financial statements and determined that no events have occurred that require disclosure.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=6%></TD>
     <TD width=27%></TD>
     <TD width=7%></TD>
     <TD width=20%></TD>
     <TD width=9%></TD>
     <TD width=27%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=2>
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Abbreviations</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=6>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Counterparty/Exchange</FONT></B></TD>
	<TD align=left colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=left colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Selected Portfolio</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">BOFA</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Bank of America Corp.</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">AUD</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Australian Dollar</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">BBA</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">British Bankers Association</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">BZWS</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Barclays Bank PLC</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">BRL</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Brazilian Real</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">FRN</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Floating Rate Note</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">CITI</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Citibank, N.A.</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">COP</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Colombian Peso</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">GDP</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Gross Domestic Product</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">DBAB</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Deutsche Bank AG</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">EUR</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">LIBOR</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">London InterBank Offered Rate</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">GSCO</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Goldman Sachs Group, Inc.</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">IDR</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Indonesian Rupiah</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">VRI</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Value Recovery Instruments</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">HSBK</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">HSBC Bank PLC</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">INR</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">JPHQ</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">JPMorgan Chase Bank, N.A.</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">KRW</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">South Korean Won</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">LCH</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">LCH Clearnet LLC</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">LKR</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Sri Lankan Rupee</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">MSCO</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Morgan Stanley and Co. Inc.</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">MXN</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">SCNY</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Standard Chartered Bank</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">MYR</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">UBSW</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">UBS AG</FONT></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">PEN</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Peruvian Nuevo Sol</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">PHP</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Philippine Peso</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">PLN</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Polish Zloty</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">31</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_34"></A><BR>

<a name="_bclPageBorder34"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Report of Independent Registered Public Accounting Firm</FONT></B></P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">To the Board of Trustees and Shareholders of Templeton Global Income Fund</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">In our opinion, the accompanying statement of assets and liabilities, including the statement of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Templeton Global Income Fund (the "Fund") at August 31, 2016, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Fund&#146;s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at August 31, 2016 by correspondence with the custodian, transfer agent and brokers, provide a reasonable basis for our opinion.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">PricewaterhouseCoopers LLP</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">San Francisco, California</FONT><BR>
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">October 19, 2016</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">32 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_35"></A><BR>

<a name="_bclPageBorder35"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Tax Information (unaudited)</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Under Section 852(b)(3)(C) of the Internal Revenue Code (Code), the Fund hereby reports the maximum amount allowable but no less than &#36;2,405,934 as a long term capital gain dividend for the fiscal year ended August 31, 2016.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">At August 31, 2016, more than 50% of the Fund&#146;s total assets were invested in securities of foreign issuers. In most instances, foreign taxes were withheld from income paid to the Fund on these investments. As shown in the table below, the Fund hereby reports to shareholders the foreign source income and foreign taxes paid, pursuant to Section 853 of the Code. This written statement will allow shareholders of record on August 17, 2016, to treat their proportionate share of foreign taxes paid by the Fund as having been paid directly by them. The shareholder shall consider these amounts as foreign taxes paid in the tax year in which they receive the Fund distribution.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The following table provides a detailed analysis of foreign tax paid, foreign source income, and foreign source qualified dividends as reported by the Fund to shareholders of record.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=4%></TD>
     <TD width=23%></TD>
     <TD width=4%></TD>
     <TD width=27%></TD>
     <TD width=4%></TD>
     <TD width=33%></TD></TR>
<TR valign="bottom">
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Foreign Tax Paid</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Foreign Source</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Foreign Source Qualified</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Per Share</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Income Per Share</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Dividends Per Share</FONT></B></TD>
</TR>
<TR>
	<TD colspan=6>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.0087</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.3634</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.0000</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Foreign Tax Paid Per Share (Column 1) is the amount per share available to you, as a tax credit (assuming you held your shares in the Fund for a minimum of 16 days during the 31-day period beginning 15 days before the ex-dividend date of the Fund&#146;s distribution to which the foreign taxes relate), or, as a tax deduction.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Foreign Source Income Per Share (Column 2) is the amount per share of income dividends attributable to foreign securities held by the Fund, plus any foreign taxes withheld on these dividends. The amounts reported include foreign source qualified dividends that have not been adjusted for the rate differential applicable to such dividend income.</FONT><SUP><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">1</FONT></SUP></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Foreign Source Qualified Dividends Per Share (Column 3) is the amount per share of foreign source qualified dividends, plus any foreign taxes withheld on these dividends. These amounts represent the portion of the Foreign Source Income reported to you in column 2 that were derived from qualified foreign securities held by the Fund.</FONT><SUP><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">1</FONT></SUP></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">By mid-February 2017, shareholders will receive Form 1099-DIV which will include their share of taxes paid and foreign source income distributed during the calendar year 2016. The Foreign Source Income reported on Form 1099-DIV has not been adjusted for the rate differential on foreign source qualified dividend income. Shareholders are advised to check with their tax advisors for information on the treatment of these amounts on their 2016 individual income tax returns.</FONT></P>
<P style="text-align: left;">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">1</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Qualified dividends are taxed at reduced long term capital gains tax rates. In determining the amount of foreign tax credit that may be applied against the U.S. tax liability of individuals receiving foreign source qualified dividends, adjustments may be required to the foreign tax credit limitation calculation to reflect the rate differential applicable to such dividend income. The rules however permit certain individuals to elect not to apply the rate differential adjustments for capital gains and/or dividends for any taxable year. Please consult your tax advisor and the instructions to Form 1116 for more information.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">33</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_36"></A><BR>

<a name="_bclPageBorder36"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=5 face="Times New Roman,Times New Roman,Times,serif">Annual Meeting of Shareholders</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Annual Meeting of Shareholders of Templeton Global Income Fund (the &#147;Fund&#148;) was held at the Fund&#146;s offices, 300 S.E. 2nd Street, Fort Lauderdale, Florida, on March 1, 2016. The purpose of the meeting was to elect four Trustees of the Fund and to ratify the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Fund for the fiscal year ending August 31, 2016. At the meeting, the following persons were elected by the shareholders to serve as Trustees of the Fund: Frank J. Crothers, Larry D. Thompson, Rupert H. Johnson, Jr. and Gregory E. Johnson.* Shareholders also ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Fund for the fiscal year ending August 31, 2016. No other business was transacted at the meeting with respect to the Fund.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=20%></TD>
     <TD width=11%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The results of the voting at the Annual Meeting are as follows:</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">1. Election of four Trustees:</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">% of</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">% of Shares</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">% of</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">% of Shares</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Outstanding</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Present and</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Outstanding</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Present and</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.498901pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Term Expiring 2019</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">For</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Shares</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Voting</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Withheld</FONT></B></TD>
	<TD align=center style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Shares</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Voting</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.501297pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Frank J. Crothers</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">113,135,585</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">84.34</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">97.45</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,961,004</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2.21</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2.55</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.501297pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Larry D. Thompson</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">113,156,217</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">84.35</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">97.47</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,940,372</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2.19</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2.53</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.501297pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Rupert H. Johnson, Jr.</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">112,814,610</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">84.10</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">97.17</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">3,281,979</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2.45</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2.83</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.501297pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Gregory E. Johnson</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">113,157,527</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">84.36</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">97.47</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2,939,062</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2.19</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2.53</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">There were no broker non-votes received with respect to this item.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">2. Ratification of the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Fund for the fiscal year ending August 31, 2016:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=22%></TD>
     <TD width=30%></TD>
     <TD width=20%></TD>
     <TD width=4%></TD>
     <TD width=17%></TD>
     <TD width=4%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">% of</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">% of Shares</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Shares</FONT></B></TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Outstanding</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Present and</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Voted</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Shares</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Voting</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">For</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">113,356,392</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">84.50</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">99.22</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Against</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">890,550</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.66</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">0.78</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Abstain</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1,849,647</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1.38</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">N/A</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Total</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">116,096,589</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">86.54</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">%</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">100.00</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">%</FONT></B></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*Harris J. Ashton, Ann Torre Bates, Edith E. Holiday, J. Michael Luttig, David W. Niemiec, Frank A. Olson, Constantine D. Tseretopoulos and Robert E. Wade are Trustees of the Fund who are currently serving and whose terms of office continued after the Annual Meeting of Shareholders. Frank J. Crothers subsequently retired from the Fund&#146;s Board of Trustees effective May 13, 2016.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">34 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_37"></A><BR>

<a name="_bclPageBorder37"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=5 face="Times New Roman,Times New Roman,Times,serif">Dividend Reinvestment and Cash Purchase Plan</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the &#147;Plan&#148;) with the following features:</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Shareholders must affirmatively elect to participate in the Plan. If you decide to use this service, dividends and capital gains distributions will be reinvested automatically in shares of the Fund for your account.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Whenever the Fund declares dividends in either cash or shares of the Fund, if the market price is equal to or exceeds net asset value at the valuation date, the participant will receive the dividends entirely in new shares at a price equal to the net asset value, but not less than 95% of the then current market price of the Fund&#146;s shares. If the market price is lower than net asset value or if dividends and/or capital gains distributions are payable only in cash, the participant will receive shares purchased on the New York Stock Exchange or otherwise on the open market.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">A participant has the option of submitting additional cash payments to the Plan Administrator, in any amounts of at least &#36;100, up to a maximum of &#36;5,000 per month, for the purchase of Fund shares for his or her account. These payments can be made by check payable to American Stock Transfer and Trust Company LLC (the &#147;Plan Administrator&#148;) and sent to American Stock Transfer and Trust Company LLC, P.O. Box 922, Wall Street Station, New York, NY 10269-0560, Attention: Templeton Global Income Fund. The Plan Administrator will apply such payments (less a &#36;5.00 service charge and less a pro rata share of trading fees) to purchases of Fund shares on the open market.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The automatic reinvestment of dividends and/or capital gains does not relieve the participant of any income tax that may be payable on dividends or distributions.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Whenever shares are purchased on the New York Stock Exchange or otherwise on the open market, each participant will pay a pro rata portion of trading fees. Trading fees will be deducted from amounts to be invested. The Plan Administrator&#146;s fee for a sale of shares through the Plan is &#36;15.00 per transaction plus a &#36;0.12 per share trading fee.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">A participant may withdraw from the Plan without penalty at any time by written notice to the Plan Administrator sent to American Stock Transfer and Trust Company LLC, P.O. Box 922, Wall Street Station, New York, NY 10269-0560. Upon withdrawal, the participant will receive, without charge, share certificates issued in the participant&#146;s name for all full shares held by the Plan Administrator; or, if the participant wishes, the Plan Administrator will sell the participant&#146;s shares and send the proceeds to the participant, less a service charge of &#36;15.00 and less trading fees of &#36;0.12 per share. The Plan Administrator will convert any fractional shares held at the time of withdrawal to cash at current market price and send a check to the participant for the net proceeds.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">For more information, please see the Plan&#146;s Terms and Conditions located at the back of this report.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">35</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_38"></A><BR>

<a name="_bclPageBorder38"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Transfer Agent</FONT></B><BR>
<BR>
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">American Stock Transfer and Trust Company LLC</FONT><BR>
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">P.O. Box 922, Wall Street Station</FONT><BR>
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">New York, NY 10269-0560</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">(800) 416-5585</FONT><BR>
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">www.amstock.com</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Direct Deposit Service for Registered Shareholders</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Cash distributions can now be electronically credited to a checking or savings account at any financial institution that participates in the Automated Clearing House (&#147;ACH&#148;) system. The Direct Deposit service is provided for registered shareholders at no charge. To enroll in the service, access your account online by going www.amstock.com or dial (800) 416-5585 (toll free) and follow the instructions. Direct Deposit will begin with the next scheduled distribution payment date following enrollment in the service.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Direct Registration</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">If you are a registered shareholder of the Fund, purchases of shares of the Fund can be electronically credited to your Fund account at American Stock Transfer and Trust Company LLC through Direct Registration. This service provides shareholders with a convenient way to keep track of shares through book-entry transactions, electronically move book-entry shares between broker-dealers, transfer agents and DRS eligible issuers, and eliminate the possibility of lost certificates. For additional information, please contact American Stock Transfer and Trust Company LLC at (800) 416-5585.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Shareholder Information</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Shares of Templeton Global Income Fund are traded on the New York Stock Exchange under the symbol &#147;GIM.&#148; Information about the net asset value and the market price is published each Monday in the </FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Wall Street Journal, </FONT></I><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">weekly in </FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Barron&#146;s </FONT></I><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">and each Saturday in </FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">The New York Times </FONT></I><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">and other newspapers. Daily market prices for the Fund&#146;s shares are published in the &#147;New York Stock Exchange Composite Transactions&#148; section of newspapers.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">For current information about distributions and shareholder accounts, call (800) 416-5585. Registered shareholders can access their Fund account on-line. For information go to American Stock Transfer and Trust Company LLC&#146;s web site at www.amstock.com and follow the instructions.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The daily closing net asset value as of the previous business day may be obtained when available by calling Franklin Templeton Fund Information after 7 a.m. Pacific time any business day at (800) DIAL BEN/342-5236. The Fund&#146;s net asset value and dividends are also listed on the NASDAQ Stock Market, Inc.&#146;s Mutual Fund Quotation Service (&#147;NASDAQ MFQS&#148;).</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Shareholders not receiving copies of reports to shareholders because their shares are registered in the name of a broker or a custodian can request that they be added to the Fund&#146;s mailing list by writing Templeton Global Income Fund, 100 Fountain Parkway, P.O. Box 33030, St. Petersburg, FL, 33733-8030.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">36 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_39"></A><BR>

<a name="_bclPageBorder39"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=5 face="Times New Roman,Times New Roman,Times,serif">Board Members and Officers</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The name, year of birth and address of the officers and board members, as well as their affiliations, positions held with the Trust, principal occupations during at least the past five years and number of U.S. registered portfolios overseen in the Franklin Templeton Investments fund complex, are shown below. Generally, each board member serves until that person&#146;s successor is elected and qualified.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=23%></TD>
     <TD width=12%></TD>
     <TD width=12%></TD>
     <TD width=22%></TD>
     <TD width=28%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=2>
<B><FONT size=3 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Independent Board Members</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Number of Portfolios in</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Name, Year of Birth</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Length of</FONT></B></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Fund Complex Overseen</FONT></B></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Other Directorships Held</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">and Address</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000336pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Position</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Time Served</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">by Board Member*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">During at Least the Past 5 Years</FONT></B></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Harris J. Ashton (1932)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000626pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 1992</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001343pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">145</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001862pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Bar-S Foods (meat packing company)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1981-2010).</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Director of various companies; and </FONT><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">formerly</FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">, Director, RBC Holdings, Inc. (bank holding company) (until 2002); and President, Chief Executive Officer and Chairman of the Board, General Host Corporation (nursery and craft centers) (until 1998).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=23%></TD>
     <TD width=9%></TD>
     <TD width=14%></TD>
     <TD width=14%></TD>
     <TD width=37%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Ann Torre Bates (1958)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 2008</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">42</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001404pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Ares Capital Corporation (specialty</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">finance company) (2010-present),</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">United Natural Foods, Inc. (distributor</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">of natural, organic and specialty foods)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2013-present), Allied Capital</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Corporation (financial services)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2003-2010), SLM Corporation (Sallie</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Mae) (1997-2014) and Navient</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Corporation (loan management,</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">servicing and asset recovery)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2014-2016).</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Director of various companies; and </FONT><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">formerly</FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">, Executive Vice President and Chief Financial Officer, NHP Incorporated (manager of multifamily housing) (1995-1997); and Vice President and Treasurer, US Airways, Inc. (until 1995).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=23%></TD>
     <TD width=9%></TD>
     <TD width=15%></TD>
     <TD width=14%></TD>
     <TD width=36%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Edith E. Holiday (1952)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000626pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee since</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">145</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000519pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Hess Corporation (exploration and</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">1996 and Lead</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">refining of oil and gas) (1993-present),</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Independent</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Canadian National Railway (railroad)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee since 2007</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2001-present), White Mountains</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Insurance Group, Ltd. (holding</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">company) (2004-present), RTI</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">International Metals, Inc. (manufacture</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">and distribution of titanium)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1999-2015) and H.J. Heinz Company</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(processed foods and allied products)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1994-2013).</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Director or Trustee of various companies and trusts; and </FONT><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">formerly</FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">, Assistant to the President of the United States and Secretary of the Cabinet (1990-1993); General Counsel to the United States Treasury Department (1989-1990); and Counselor to the Secretary and Assistant Secretary for Public Affairs and Public Liaison - United States Treasury Department (1988-1989).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=24%></TD>
     <TD width=9%></TD>
     <TD width=14%></TD>
     <TD width=15%></TD>
     <TD width=35%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">J. Michael Luttig (1954)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 2009</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">145</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001862pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Boeing Capital Corporation (aircraft</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">financing) (2006-2013).</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Executive Vice President, General Counsel and member of the Executive Council, The Boeing Company (aerospace company) (2006-present); and </FONT><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">formerly</FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">, Federal Appeals Court Judge, U.S. Court of Appeals for the Fourth Circuit (1991-2006).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=23%></TD>
     <TD width=9%></TD>
     <TD width=14%></TD>
     <TD width=14%></TD>
     <TD width=37%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">David W. Niemiec (1949)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 2005</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">42</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001404pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Emeritus Corporation (assisted living)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1999-2010) and OSI Pharmaceuticals,</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Inc. (pharmaceutical products)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2006-2010).</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Advisor, Saratoga Partners (private equity fund); and </FONT><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">formerly</FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">, Managing Director, Saratoga Partners (1998-2001) and SBC Warburg Dillon Read (investment banking) (1997-1998); Vice Chairman, Dillon, Read &amp; Co. Inc. (investment banking) (1991-1997); and Chief Financial Officer, Dillon, Read &amp; Co. Inc. (1982-1997).</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">37</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_40"></A><BR>

<a name="_bclPageBorder40"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=24%></TD>
     <TD width=10%></TD>
     <TD width=15%></TD>
     <TD width=23%></TD>
     <TD width=27%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=3 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Independent Board Members </FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Number of Portfolios in</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Name, Year of Birth</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Length of</FONT></B></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Fund Complex Overseen</FONT></B></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Other Directorships Held</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">and Address</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000336pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Position</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Time Served</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">by Board Member*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">During at Least the Past 5 Years</FONT></B></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Frank A. Olson (1932)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000626pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 2003</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001343pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">145</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001862pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Hess Corporation (exploration and</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">refining of oil and gas) (1998-2013).</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Director of various companies; and </FONT><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">formerly</FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">, Chairman of the Board, The Hertz Corporation (car rental) (1980-2000) and Chief Executive Officer (1977-1999); and Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines) (June&#150;December 1987).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=24%></TD>
     <TD width=9%></TD>
     <TD width=14%></TD>
     <TD width=15%></TD>
     <TD width=35%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Larry D. Thompson (1945)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 2005</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">145</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001862pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">The Southern Company (energy</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">company) (2014-present; previously</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2010-2012), Graham Holdings</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Company (education and media</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">organization) (2011-present) and</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Cbeyond, Inc. (business</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">communications provider)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2010-2012).</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Director of various companies; John A. Sibley Professor of Corporate and Business Law, University of Georgia School of Law (2015-present; previously 2011-2012); and </FONT><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">formerly</FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">, Executive Vice President &#150; Government Affairs, General Counsel and Corporate Secretary, PepsiCo, Inc. (consumer products) (2012-2014); Senior Vice President &#150; Government Affairs, General Counsel and Secretary, PepsiCo, Inc. (2004-2011); Senior Fellow of The Brookings Institution (2003-2004); Visiting Professor, University of Georgia School of Law (2004); and Deputy Attorney General, U.S. Department of Justice (2001-2003).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=29%></TD>
     <TD width=3%></TD>
     <TD width=12%></TD>
     <TD width=18%></TD>
     <TD width=18%></TD>
     <TD width=17%></TD></TR>
<TR valign="bottom">
	<TD align=right>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Constantine D. Tseretopoulos</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 1999</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">26</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">None</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(1954</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Physician, Chief of Staff, owner and operator of the Lyford Cay Hospital (1987-present); director of various nonprofit organizations; and </FONT><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">formerly</FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">, Cardiology Fellow, University of Maryland (1985-1987); and Internal Medicine Resident, Greater Baltimore Medical Center (1982-1985).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=24%></TD>
     <TD width=10%></TD>
     <TD width=16%></TD>
     <TD width=22%></TD>
     <TD width=26%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Robert E. Wade (1946)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000626pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 2006</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001343pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">42</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001404pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">El Oro Ltd (investments)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(2003-present).</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=4 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Attorney at law engaged in private practice (1972-2008) and member of various boards.</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=3 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Interested Board Members and Officers</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Number of Portfolios in</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Name, Year of Birth</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Length of</FONT></B></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Fund Complex Overseen</FONT></B></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Other Directorships Held</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">and Address</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000336pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Position</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Time Served</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">by Board Member*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">During at Least the Past 5 Years</FONT></B></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">**Gregory E. Johnson (1961)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Trustee</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000626pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 2006</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001343pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">161</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001862pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">None</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">One Franklin Parkway</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">San Mateo, CA 94403-1906</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chairman of the Board, Member - Office of the Chairman, Director and Chief Executive Officer, Franklin Resources, Inc.; officer and/or director or trustee, as the case may be, of some of the other subsidiaries of Franklin Resources, Inc. and of 44 of the investment companies in Franklin Templeton Investments; Vice Chairman, Investment Company Institute; and </FONT><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">formerly, </FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">President, Franklin Resources, Inc. (1994-2015).</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">38 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_41"></A><BR>

<a name="_bclPageBorder41"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: right"><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="24%"></TD>

   <TD width="12%"></TD>

   <TD width="15%"></TD>

   <TD width="21%"></TD>

   <TD width="26%"></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=4 align=left><B><FONT size=3 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Interested Board Members and Officers </FONT></B><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>(continued)</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Number of Portfolios in</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Name, Year of Birth</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Length of</FONT></B></TD>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Fund Complex Overseen</FONT></B></TD>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Other Directorships Held</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>and Address</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Position</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Time Served</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>by Board Member*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>During at Least the Past 5 Years</FONT></B></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>**Rupert H. Johnson, Jr. (1940)</FONT></B></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Chairman of</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Chairman of the</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>145</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>None</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>One Franklin Parkway</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>the Board,</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Board and Trustee</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>San Mateo, CA 94403-1906</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Trustee and</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>since 2013 and</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Vice President</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Vice President</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>since 1996</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Vice Chairman, Member - Office of the Chairman and Director, Franklin Resources, Inc.; Director, Franklin Advisers, Inc.; Senior Vice President, Franklin Advisory Services, LLC; and officer and/or director or trustee, as the case may be, of some of the other subsidiaries of Franklin Resources, Inc. and of 42 of the investment companies in Franklin Templeton Investments.</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="26%"></TD>

   <TD width="16%"></TD>

   <TD width="14%"></TD>

   <TD width="23%"></TD>

   <TD width="19%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Alison E. Baur (1964)</FONT></B></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Vice President</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Since 2012</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>One Franklin Parkway</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>San Mateo, CA 94403-1906</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Deputy General Counsel, Franklin Templeton Investments; and officer of some of the other subsidiaries of Franklin Resources, Inc. and of 45 of the investment companies in Franklin Templeton Investments.</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="26%"></TD>

   <TD width="30%"></TD>

   <TD width="23%"></TD>

   <TD width="19%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Laura F. Fergerson (1962)</FONT></B></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Chief Executive Since 2009</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>One Franklin Parkway</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Officer &#8211;</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>San Mateo, CA 94403-1906</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Finance and</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Administration</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Senior Vice President, Franklin Templeton Services, LLC; Vice President, Franklin Advisers, Inc. and Franklin Templeton Institutional, LLC; and officer of 45 of the investment companies in Franklin Templeton Investments.</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="26%"></TD>

   <TD width="16%"></TD>

   <TD width="14%"></TD>

   <TD width="23%"></TD>

   <TD width="19%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Aliya S. Gordon (1973)</FONT></B></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Vice President</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Since 2009</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>One Franklin Parkway</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>San Mateo, CA 94403-1906</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Senior Associate General Counsel, Franklin Templeton Investments; and officer of 45 of the investment companies in Franklin Templeton Investments.</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="26%"></TD>

   <TD width="16%"></TD>

   <TD width="14%"></TD>

   <TD width="23%"></TD>

   <TD width="19%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Steven J. Gray (1955)</FONT></B></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Vice President</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Since 2009</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>One Franklin Parkway</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>San Mateo, CA 94403-1906</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Senior Associate General Counsel, Franklin Templeton Investments; Vice President, Franklin Templeton Distributors, Inc. and Franklin Alternative Strategies Advisers, LLC; and officer of 45 of the investment companies in Franklin Templeton Investments.</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="26%"></TD>

   <TD width="16%"></TD>

   <TD width="16%"></TD>

   <TD width="21%"></TD>

   <TD width="19%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Robert Lim (1948)</FONT></B></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Vice President</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Since May 2016</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>One Franklin Parkway</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>San Mateo, CA 94403-1906</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Vice President, Franklin Templeton Companies, LLC; Chief Compliance Officer, Franklin Templeton Distributors, Inc. and Franklin Templeton Investor Services, LLC; and officer of 45 of the investment companies in Franklin Templeton Investments.</FONT></P>

<DIV align=left>

<TABLE cellSpacing=0 border=0>



<TR>

   <TD width="26%"></TD>

   <TD width="31%"></TD>

   <TD width="23%"></TD>

   <TD width="19%"></TD></TR>

<TR vAlign=bottom>

   <TD width="26%" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Christopher J. Molumphy</FONT></B></TD>

   <TD width="31%" align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>President and Since 2002</FONT></TD>

   <TD width="23%" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD width="19%" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="26%" align=left><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>(1962)</FONT></B></TD>

   <TD width="31%" align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Chief Executive</FONT></TD>

   <TD width="23%" align=left>&nbsp;</TD>

   <TD width="19%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="26%" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>One Franklin Parkway</FONT></TD>

   <TD width="31%" align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Officer &#8211;</FONT></TD>

   <TD width="23%" align=left>&nbsp;</TD>

   <TD width="19%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="26%" align=left><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>San Mateo, CA 94403-1906</FONT></TD>

   <TD width="31%" align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Investment</FONT></TD>

   <TD width="23%" align=left>&nbsp;</TD>

   <TD width="19%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="26%" align=left>&nbsp;</TD>

   <TD width="31%" align=center><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Management</FONT></TD>

   <TD width="23%" align=left>&nbsp;</TD>

   <TD width="19%" align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><B><FONT size=1 face=ArialMT-Bold,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Director and Executive Vice President, Franklin Advisers, Inc.; Executive Vice President, Franklin Templeton Institutional, LLC; and officer of some of the other subsidiaries of Franklin Resources, Inc. and of 22 of the investment companies in Franklin Templeton Investments.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Annual Report</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>39</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_42"></A><BR>

<a name="_bclPageBorder42"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=24%></TD>
     <TD width=12%></TD>
     <TD width=13%></TD>
     <TD width=23%></TD>
     <TD width=26%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=4>
<B><FONT size=3 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Interested Board Members and Officers </FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Number of Portfolios in</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Name, Year of Birth</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Length of</FONT></B></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Fund Complex Overseen</FONT></B></TD>
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Other Directorships Held</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">and Address</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000336pt">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Position</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Time Served</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">by Board Member*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">During at Least the Past 5 Years</FONT></B></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Kimberly H. Novotny (1972)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Vice President</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000031pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 2013</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000763pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Associate General Counsel, Franklin Templeton Investments; Vice President and Corporate Secretary, Fiduciary Trust International of the South; Vice President, Templeton Investment Counsel, LLC; Assistant Secretary, Franklin Resources, Inc.; and officer of 45 of the investment companies in Franklin Templeton Investments.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=26%></TD>
     <TD width=16%></TD>
     <TD width=14%></TD>
     <TD width=23%></TD>
     <TD width=19%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Mark H. Otani (1968)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Treasurer,</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 2009</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">One Franklin Parkway</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chief Financial</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">San Mateo, CA 94403-1906</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Officer and</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chief</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Accounting</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Officer</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Treasurer, U.S. Fund Administration &amp; Reporting, Franklin Templeton Investments; and officer of 14 of the investment companies in Franklin Templeton Investments.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=28%></TD>
     <TD width=13%></TD>
     <TD width=15%></TD>
     <TD width=23%></TD>
     <TD width=19%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Robert C. Rosselot (1960)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Chief</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 2013</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Compliance</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Officer</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Director, Global Compliance, Franklin Templeton Investments; Vice President, Franklin Templeton Companies, LLC; officer of 45 of the investment companies in Franklin Templeton Investments; and </FONT><B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">formerly</FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">, Senior Associate General Counsel, Franklin Templeton Investments (2007-2013); and Secretary and Vice President, Templeton Group of Funds (2004-2013).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=26%></TD>
     <TD width=16%></TD>
     <TD width=14%></TD>
     <TD width=23%></TD>
     <TD width=19%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Karen L. Skidmore (1952)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Vice President</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since 2009</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">One Franklin Parkway</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">San Mateo, CA 94403-1906</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Senior Associate General Counsel, Franklin Templeton Investments; and officer of 45 of the investment companies in Franklin Templeton Investments.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=26%></TD>
     <TD width=16%></TD>
     <TD width=16%></TD>
     <TD width=20%></TD>
     <TD width=19%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Navid J. Tofigh (1972)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Vice President</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000031pt">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Since November</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">One Franklin Parkway</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">2015</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">San Mateo, CA 94403-1906</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Associate General Counsel, Franklin Templeton Investments; and officer of 45 of the investment companies in Franklin Templeton Investments.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=26%></TD>
     <TD width=16%></TD>
     <TD width=14%></TD>
     <TD width=23%></TD>
     <TD width=19%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Craig S. Tyle (1960)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Vice President</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">since 2005</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">One Franklin Parkway</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">San Mateo, CA 94403-1906</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">General Counsel and Executive Vice President, Franklin Resources, Inc.; and officer of some of the other subsidiaries of Franklin Resources, Inc. and of 45 of the investment companies in Franklin Templeton Investments.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=28%></TD>
     <TD width=14%></TD>
     <TD width=14%></TD>
     <TD width=23%></TD>
     <TD width=19%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Lori A. Weber (1964)</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Secretary and</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Secretary</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Vice President</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">since 2013</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left colspan=2>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">and Vice President</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">since 2011</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Senior Associate General Counsel, Franklin Templeton Investments; Assistant Secretary, Franklin Resources, Inc.; Vice President and Secretary, Templeton Investment Counsel, LLC; and officer of 45 of the investment companies in Franklin Templeton Investments.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*We base the number of portfolios on each separate series of the U.S. registered investment companies within the Franklin Templeton Investments fund complex. These portfolios have a common investment manager or affiliated investment managers.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">40 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_43"></A><BR>

<a name="_bclPageBorder43"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialMT-Bold,Arial,Helvetica,sans-serif">Interested Board Members and Officers </FONT></B><FONT size=1 face="Arial,Arial,Helvetica,sans-serif">(continued)</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">**Gregory E. Johnson is considered to be an interested person of the Fund under the federal securities laws due to his position as an officer and director ofFranklin Resources, Inc. (Resources), which is the parent company of the Fund&#146;s investment manager. Rupert H. Johnson, Jr. is considered to be an interested person of the Fund under the federal securities laws due to his position as officer and director and major shareholder of Resources.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Note 1: Rupert H. Johnson, Jr. is the uncle of Gregory E. Johnson.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Note 2: Officer information is current as of the date of this report. It is possible that after this date, information about officers may change. Note 3: Effective May 13, 2016, Frank J. Crothers ceased to be a trustee of the Trust.</FONT></P>
<P style="text-align: left;">
<B><FONT size=1 face="ArialNarrowBold,Arial,Helvetica,sans-serif">The Sarbanes-Oxley Act of 2002 and Rules adopted by the U.S. Securities and Exchange Commission require the Fund to disclose whether the Fund&#146;s Audit Committee includes at least one member who is an audit committee financial expert within the meaning of such Act and Rules. The Fund&#146;s Board has determined that there is at least one such financial expert on the Audit Committee and has designated each of Ann Torre Bates and David W. Niemiec as an audit committee financial expert. The Board believes that Ms. Bates and Mr. Niemiec qualify as such an expert in view of their extensive business background and experience. Ms. Bates has served as a member of the Fund Audit Committee since 2008. She currently serves as a director of Ares Capital Corporation (2010-present) and United Natural Foods, Inc. (2013-present) and was formerly a director of Navient Corporation from 2014 to 2016, SLM Corporation from 1997 to 2014 and Allied Capital Corporation from 2003 to 2010, Executive Vice President and Chief Financial Officer of NHP Incorporated from 1995 to 1997 and Vice President and Treasurer of US Airways, Inc. until 1995. Mr. Niemiec has served as a member of the Fund Audit Committee since 2005, currently serves as an Advisor to Saratoga Partners and was formerly its Managing Director from 1998 to 2001. Mr. Niemiec was formerly a director of Emeritus Corporation from 1999 to 2010 and OSI Pharmaceuticals, Inc. from 2006 to 2010, Managing Director of SBC Warburg Dillon Read from 1997 to 1998, and was Vice Chairman from 1991 to 1997 and Chief Financial Officer from 1982 to 1997 of Dillon, Read &amp; Co. Inc. As a result of such background and experience, the Board believes that Ms. Bates and Mr. Niemiec have each acquired an understanding of generally accepted accounting principles and financial statements, the general application of such principles in connection with the accounting estimates, accruals and reserves, and analyzing and evaluating financial statements that present a breadth and level of complexity of accounting issues generally comparable to those of the Fund, as well as an understanding of internal controls and procedures for financial reporting and an understanding of audit committee functions. Ms. Bates and Mr. Niemiec are independent Board members as that term is defined under the applicable U.S. Securities and Exchange Commission Rules and Releases or the listing standards applicable to the Fund.</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">41</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_44"></A><BR>

<a name="_bclPageBorder44"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left"><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=5 face="Times New Roman,Times New Roman,Times,serif">Shareholder Information</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face=ArialNarrowBold,Arial,Helvetica,sans-serif>Board Review of Investment Management Agreement</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">At a meeting held May 17, 2016, the Board of Trustees (Board), including a majority of trustees that are not &#8220;interested persons&#8221; as such term is defined in section 2(a)(19) of the Investment Company Act of 1940 (hereinafter referred to as &#8220;non-interested Trustees&#8221; or &#8220;independent Trustees&#8221;), approved renewal of the investment management agreement for the Fund. In reaching this decision, the Board took into account information furnished throughout the year at regular Board meetings, as well as information prepared specifically in connection with the annual renewal review process. Information furnished and discussed throughout the year included investment performance reports and related financial information for the Fund, as well as periodic reports on expenses, shareholder services, legal and compliance matters, pricing and other services provided by the Investment Manager (Manager) and its affiliates. Information furnished specifically in connection with the renewal process included a report for the Fund prepared by Broadridge Financial Solutions, Inc. (Broadridge), an independent organization, as well as additional material, including a Fund profitability analysis prepared by management. The Broadridge report, which utilized data from Lipper Inc. (Lipper), compared the Fund&#8217;s investment performance and expenses with those of other funds deemed comparable to the Fund as selected by Lipper. The Fund profitability analysis discussed the profitability to Franklin Templeton Investments (FTI) from its overall U.S. fund operations, as well as on an individual fund-by-fund basis. Additional material accompanying such profitability analysis included information on a fund-by-fund basis listing portfolio managers and other accounts they manage, as well as information on management fees charged by the Manager and its affiliates to U.S. funds and other accounts, including management&#8217;s explanation of differences where relevant. Such material also included a memorandum prepared by management describing project initiatives and capital investments relating to the services provided to the Fund by the FTI organization, as well as a memorandum relating to economies of scale.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">In considering such materials, the independent Trustees received assistance and advice from and met separately with independent counsel. In approving continuance of the investment management agreement for the Fund, the Board, including a majority of independent Trustees, determined that the existing management fee structure was fair and reasonable and that continuance of the investment management agreement </FONT><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">was in the best interests of such Fund and its shareholders. While attention was given to all information furnished, the following discusses some primary factors relevant to the Board&#8217;s decision.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">NATURE, EXTENT AND QUALITY OF SERVICES. </FONT></B><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Board was satisfied with the nature and quality of the overall services provided by the Manager and its affiliates to the Fund and its shareholders. In addition to investment performance and expenses discussed later, the Board&#8217;s opinion was based, in part, upon periodic reports furnished showing that the investment policies and restrictions for the Fund were consistently complied with as well as other reports periodically furnished to the Board covering matters such as the compliance of portfolio managers and other management personnel with the code of ethics adopted throughout the Franklin Templeton fund complex, the adherence to fair value pricing procedures established by the Board, and the accuracy of net asset value calculations. Favorable consideration was given to management&#8217;s continual efforts and expenditures in establishing effective business continuity plans and developing strategies to address cybersecurity threats. Among other factors taken into account by the Board were the Manager&#8217;s best execution trading policies, including a favorable report by an independent portfolio trading analytical firm that also covered global foreign exchange transactions. Consideration was also given to the experience of the Fund&#8217;s portfolio management team, the number of accounts managed and general method of compensation. In this latter respect, the Board noted that a primary factor in management&#8217;s determination of a portfolio manager&#8217;s bonus compensation was the relative investment performance of the funds he or she managed and that a portion of such bonus was required to be invested in a pre-designated list of funds within such person&#8217;s fund management area so as to be aligned with the interests of shareholders. The Board also took into account the quality of transfer agent and shareholder services provided to Fund shareholders by an affiliate of the Manager and steps taken by FTI to enhance analytical support to the investment management groups and provide additional oversight of liquidity risk and complex securities. The Board also took into account, among other things, the strong financial position of the Manager&#8217;s parent company and its commitment to the mutual fund business as evidenced by its continued introduction of new funds and reassessment of the fund offerings in response to the market environment.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">INVESTMENT PERFORMANCE. </FONT></B><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Board placed significant emphasis on the investment performance of the Fund in view of its importance to shareholders. While</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>42 Annual Report</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_45"></A><BR>

<a name="_bclPageBorder45"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: center;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: center;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">SHAREHOLDER INFORMATION</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">consideration was given to performance reports and discussions with portfolio managers at Board meetings during the year, particular attention in assessing performance was given to the Broadridge report furnished for the agreement renewal. The Broadridge report for the Fund showed its investment performance for the one-year period ended February 29, 2016, as well as the previous 10 years ended that date in respect to a performance universe consisting of the Fund and all closed-end non-leveraged global income funds as selected by Lipper. Such universe consisted of two funds during all periods. The Broadridge report considered both the Fund&#146;s income return and total return on a net asset value basis without regard to market discounts or premiums. The Broadridge report showed the Fund&#146;s income return to be the lower of the two funds composing its Lipper universe for the one-year period, but on an annualized basis to be the higher of the two funds constituting such universe for the previous three-, five- and 10-year periods. The Broadridge report showed the Fund&#146;s total return to be the lower of the two funds composing its Lipper universe for the one-year period, and on an annualized basis to also be the lower of the two funds constituting such universe for the previous three-year period, but the higher of the two funds constituting such universe for the previous five- and 10-year periods. The Board was satisfied with such comparative income performance, noting that the Fund exceeded the median income return of the performance universe for the three-, five- and 10-year annualized periods. The Broadridge report also contained a performance supplement, provided at the request of the Manager, with a performance universe consisting of the Fund and all retail and institutional global income funds as selected by Lipper. The total return for the supplemental universe indicated that the Fund was in the lowest or worst quintile for the previous one-year period, and on an annualized basis was in the lowest or worst performing quintile for the previous three-year period, the middle performing quintile for the previous five-year period, and the highest performing quintile for the previous 10-year period.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">COMPARATIVE EXPENSES. </FONT></B><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">Consideration was given to a comparative analysis of the management fee and total expense ratio of the Fund compared with an expense group consisting of the Fund and one other closed-end fund as selected by Lipper. Lipper expense data is based upon information taken from each fund&#146;s most recent annual report, which reflects historical asset levels that may be quite different from those currently existing, particularly in a period of market volatility. While recognizing such inherent limitation and the fact that expense ratios generally increase as assets decline and decrease as assets</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">grow, the Board believed the independent analysis conducted by Lipper to be an appropriate measure of comparative expenses. In reviewing comparative costs, Lipper provides information on the Fund&#146;s contractual investment management fee rate in comparison with the contractual investment management fee rate that would have been charged by the other funds within the Lipper expense group assuming they were similar in size to the Fund, as well as the actual total expense rate of the Fund in comparison with those of the other funds. The Lipper contractual investment management fee analysis considers administrative fees to be part of management fees, and the results of such expense comparison showed both the Fund&#146;s contractual investment management fee rate and total actual expense rate to be lower than those of the other fund in the Lipper expense group. The Board was satisfied with the Fund&#146;s comparative expenses as shown in the Broadridge report.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">MANAGEMENT PROFITABILITY. </FONT></B><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Board also considered the level of profits realized by the Manager and its affiliates in connection with the operation of the Fund. In this respect, the Board reviewed the Fund profitability analysis that addresses the overall profitability of Franklin Templeton&#146;s U.S. fund business, as well as its profits in providing management and other services to each of the individual funds during the 12-month period ended September 30, 2015, being the most recent fiscal year-end for Franklin Resources, Inc., the Manager&#146;s parent. In reviewing the analysis, the Board recognized that allocation methodologies are inherently subjective and various allocation methodologies may be reasonable while producing different results. In this respect, the Board noted that while management continually makes refinements to its methodologies in response to organizational and product related changes, the overall approach as defined by the primary drivers and activity measurements has remained consistent with that used in the Fund&#146;s profitability report presentations from prior years. Additionally, the Fund&#146;s independent registered public accounting firm had been engaged by the Manager to periodically review the reasonableness of the allocation methodologies to be used solely by the Fund&#146;s Board in reference to the profitability analysis. In reviewing and discussing such analysis, management discussed with the Board its belief that costs incurred in establishing the infrastructure necessary for the type of fund operations conducted by the Manager and its affiliates may not be fully reflected in the expenses allocated to the Fund in determining its profitability, as well as the fact that the level of profits, to a certain extent, reflected operational cost savings and efficiencies initiated by management. The Board also took</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">43</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_46"></A><BR>

<a name="_bclPageBorder46"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">SHAREHOLDER INFORMATION</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">into account the need to implement systems and meet additional regulatory and compliance requirements resulting from statutes such as the Sarbanes-Oxley Act of 2002 and Dodd-Frank Wall Street Reform and Consumer Protection Act and recent SEC and other regulatory requirements. In addition, the Board considered a third-party study comparing the profitability of the Manager&#146;s parent on an overall basis to other publicly held managers broken down to show profitability from management operations exclusive of distribution expenses, as well as profitability including distribution expenses. The Board also considered the extent to which the Manager and its affiliates might derive ancillary benefits from fund operations, including potential benefits resulting from personnel and systems enhancements necessitated by fund growth and increased leverage with the service providers and counterparties. Based upon its consideration of all these factors, the Board determined that the level of profits realized by the Manager and its affiliates from providing services to the Fund was not excessive in view of the nature, quality and extent of services provided.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ECONOMIES OF SCALE. </FONT></B><FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Board also considered whether the Manager realizes economies of scale as the Fund grows larger and the extent to which any such benefit is shared with the Fund and its shareholders. The Board believed that a manager&#146;s ability to realize economies of scale and the sharing of such benefit is a more relevant consideration in the case of an open-end fund whose size increases as a result of the continuous sale of its shares. A closed-end investment company such as the Fund does not continuously offer shares, and growth following its initial public offering will primarily result from market appreciation, which benefits its shareholders. While believing economies of scale to be less of a factor in the context of a closed-end fund, the Board believes at some point an increase in size may lead to economies of scale that should be shared with the Fund and its shareholders. In this respect, the Board noted the Fund is charged an investment management fee at the rate of 0.70% on its first &#36;200 million of net assets; 0.635% on the next &#36;500 million of net assets; 0.60% on the next &#36;300 million of net assets; and 0.580% on the next &#36;4 billion of net assets with decreasing breakpoints continuing through the &#36;20 billion net asset level. The Fund&#146;s asset size was approximately &#36;972 million on December 31, 2015, and the Board believed such fee schedule provides a sharing of benefits with the Fund and its shareholders.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Proxy Voting Policies and Procedures</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund&#146;s investment manager has established Proxy Voting Policies and Procedures (Policies) that the Fund uses to determine how to vote proxies relating to portfolio securities. Shareholders may view the Fund&#146;s complete Policies online at franklintempleton.com. Alternatively, shareholders may request copies of the Policies free of charge by calling the Proxy Group collect at (954) 527-7678 or by sending a written request to: Franklin Templeton Companies, LLC, 300 S.E. 2nd Street, Fort Lauderdale, FL 33301, Attention: Proxy Group. Copies of the Fund&#146;s proxy voting records are also made available online at franklintempleton.com and posted on the U.S. Securities and Exchange Commission&#146;s website at sec.gov and reflect the most recent 12-month period ended June 30.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrowBold,Arial,Helvetica,sans-serif">Quarterly Statement of Investments</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times New Roman,Times,serif">The Fund files a complete statement of investments with the U.S. Securities and Exchange Commission for the first and third quarters for each fiscal year on Form N-Q. Shareholders may view the filed Form N-Q by visiting the Commission&#146;s website at sec.gov. The filed form may also be viewed and copied at the Commission&#146;s Public Reference Room in Washington, DC. Information regarding the operations of the Public Reference Room may be obtained by calling (800) SEC-0330.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">44 Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_47"></A>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><BR>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_49"></A><BR>

<a name="_bclPageBorder49"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=2 face="Arial,Arial,Helvetica,sans-serif">This page intentionally left blank.</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_50"></A><BR>

<a name="_bclPageBorder50"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=2 face="Arial,Arial,Helvetica,sans-serif">This page intentionally left blank.</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_51"></A><BR>

<a name="_bclPageBorder51"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<IMG src="tlgim_a1016x50x1.jpg" border=0>
<BR>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Annual Report</FONT></B><BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Templeton Global Income Fund</FONT></B><BR>
<BR>
<B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Investment Manager</FONT></B><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">Franklin Advisers, Inc.</FONT><BR>
<BR>
<B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Transfer Agent</FONT></B><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">American Stock Transfer &amp; Trust Co., LLC</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">6201 15th Avenue</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">Brooklyn, NY 11219</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">Toll Free Number: (800) 416-5585</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">Hearing Impaired Number: (866) 703-9077</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">International Phone Number: (718) 921-8124</FONT><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">www.amstock.com</FONT><BR>
<BR>
<B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Fund Information</FONT></B><BR>
<FONT size=1 face="Times New Roman,Times New Roman,Times,serif">(800) DIAL BEN</FONT><SUP><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">&#174; </FONT></SUP><FONT size=1 face="Times New Roman,Times New Roman,Times,serif">/ 342-5236</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Arial,Arial,Helvetica,sans-serif">Investors should be aware that the value of investments made for the Fund may go down as well as up. Like any investment in securities, the value of the Fund&#146;s portfolio will be subject to the risk of loss from market, currency, economic, political and other factors. The Fund and its investors are not protected from such losses by the investment manager. Therefore, investors who cannot accept this risk should not invest in shares of the Fund.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Arial,Arial,Helvetica,sans-serif">To help ensure we provide you with quality service, all calls to and from our service areas are monitored and/or recorded.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=61%></TD>
     <TD width=38%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">&#169; 2016 Franklin Templeton Investments. All rights reserved.</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Arial,Helvetica,sans-serif">TLGIM A 10/16</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<A name="page_52"></A>

<a name="_bclPageBorder52"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Item 2. Code of Ethics.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 27pt; TEXT-INDENT: -27pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(a) The Registrant has adopted a code of ethics that applies to its principal executive officers and principal financial and accounting officer.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(c) N/A</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(d) N/A</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 22.5pt; TEXT-INDENT: -22.5pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(f)</FONT><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"> </FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Pursuant to Item 12(a)(1), the Registrant is attaching as an exhibit a copy of its code of ethics that applies to its principal executive officers and principal financial and accounting officer.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Item 3. Audit Committee Financial Expert. </FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 40.5pt; TEXT-INDENT: -40.5pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(a)(1) The Registrant has an audit committee financial expert serving on its audit committee.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 45pt; TEXT-INDENT: -27pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(2) The audit committee financial expert is David W. Niemiec and he is "independent" as defined under the relevant Securities and Exchange Commission Rules and Releases.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Item 4. </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="courier new">Principal Accountant Fees and Services.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">(a)&nbsp; Audit Fees</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">The aggregate fees paid to the principal accountant for professional services rendered by the principal accountant for the audit of the registrant&#8217;s annual financial statements or for services that are normally provided by the principal accountant in connection with statutory and regulatory filings or engagements were $54,852 for the fiscal year ended August 31, 2016 and $55,032 for the fiscal year ended August 31, 2015.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">(b)&nbsp; Audit-Related Fees</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">There were no fees paid to the principal accountant for assurance and related services rendered by the principal accountant to the registrant that are reasonably related to the performance of the audit of the registrant's financial statements and are not reported under paragraph (a) of Item 4.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">There were no fees paid to the principal accountant for assurance and related services rendered by the principal accountant to the registrant's investment adviser and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the registrant that are reasonably related to the performance of the audit of their financial statements.&nbsp; </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">(c)&nbsp; Tax Fees</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">There were no fees paid to the principal accountant for professional services rendered by the principal accountant to the registrant for tax compliance, tax advice and tax planning.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">There were no fees paid to the principal accountant for professional services rendered by the principal accountant to the registrant&#8217;s investment adviser and any entity controlling, controlled by or under common control with the </FONT>


<FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">investment adviser that provides ongoing services to the registrant for tax compliance, tax advice and tax planning.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_53"></A>

<a name="_bclPageBorder53"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">




<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">(d)&nbsp; All Other Fees</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">The aggregate fees paid to the principal accountant for products and services rendered by the principal accountant to the registrant, other than the services reported in paragraphs (a)-(c) of Item 4 were $0 for the fiscal year ended August 31, 2016 and $342 for the fiscal year ended August 31, 2015. The services for which these fees were paid included review of materials provided to the fund Board in connection with the investment management contract renewal process.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">The aggregate fees paid to the principal accountant for products and services rendered by the principal accountant to the registrant&#8217;s investment adviser and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the registrant, other than the services reported in paragraphs (a)-(c) of Item 4 were $539,168 for the fiscal year ended August 31, 2016 and $378,983 for the fiscal year ended August 31, 2015. The services for which these fees were paid included preparation and review of materials provided to the fund Board in connection with the investment management contract renewal process and derivatives assessment, and review of system processes related to fixed income securities.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">(e) &nbsp;(1) The registrant&#8217;s audit committee is directly responsible for approving the services to be provided by the auditors, including:</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i)&nbsp;&nbsp; pre-approval of all audit and audit related services;</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii)&nbsp; pre-approval of all non-audit related services to be provided to the Fund by the auditors;</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iii) pre-approval of all non-audit related services to be provided to the registrant by the auditors to the registrant&#8217;s investment adviser or to any entity that controls, is controlled by or is under common control with the registrant&#8217;s investment adviser and that provides ongoing services to the registrant where the non-audit services relate directly to the operations or financial reporting of the registrant; and</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iv)&nbsp; establishment by the audit committee, if deemed necessary or appropriate, as an alternative to committee pre-approval of services to be provided by the auditors, as required by paragraphs (ii) and (iii) above, of policies and procedures to permit such services to be pre-approved by other means, such as through establishment of guidelines or by action of a designated member or members of the committee; provided the policies and procedures are detailed as to the particular service and the committee is informed of each service and such policies and procedures do not include delegation of audit committee responsibilities, as contemplated under the Securities Exchange Act of 1934, to management; subject, in the case of (ii) through (iv), to any waivers, exceptions or exemptions that may be available under applicable law or rules.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">(e) &nbsp;(2) None of the services provided to the registrant described in paragraphs (b)-(d) of Item 4 were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of regulation S-X.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">(f) &nbsp;No disclosures are required by this Item 4(f).</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_54"></A>

<a name="_bclPageBorder54"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">(g) &nbsp;The aggregate non-audit fees paid to the principal accountant for services rendered by the principal accountant to the registrant and the registrant&#8217;s investment adviser and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the registrant were $539,168 for the fiscal year ended August 31, 2016 and $379,325 for the fiscal year ended August 31, 2015.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">(h) &nbsp;The registrant&#8217;s audit committee of the board has considered whether the provision of non-audit services that were rendered to the registrant&#8217;s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant&#8217;s independence.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="courier new">Item 5. Audit Committee of Listed Registrants</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="courier new"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line; FONT-WEIGHT: normal" face="courier new">Members of the Audit Committee are:&nbsp; Ann Torre Bates, David W. Niemiec, and Constantine D. Tseretopoulos.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line; FONT-WEIGHT: normal" face="courier new"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="courier new">Item 6. Schedule of Investments.</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">N/A</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="courier new"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="courier new"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="courier new">Item 7</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">. </FONT><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. </FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new">The board of trustees of the Fund has delegated the authority to vote proxies related to the portfolio securities held by the Fund to the Fund's investment manager </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Franklin Advisers, Inc.</FONT><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"> </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new">in accordance with the Proxy Voting Policies and Procedures (Policies) adopted by the investment manager.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">The investment manager has delegated its administrative duties with respect to the voting of proxies for equity securities to the Proxy Group within Franklin Templeton Companies, LLC (Proxy Group), an affiliate and wholly owned subsidiary of Franklin Resources, Inc. All proxies received by the Proxy Group will be voted based upon the investment manager&#8217;s instructions and/or policies. The investment manager votes proxies solely in the best interests of the Fund and its shareholders.</FONT></P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">To assist it in analyzing proxies of equity securities, the investment manager subscribes to Institutional Shareholder Services, Inc. (ISS), an unaffiliated third-party corporate governance research service that provides in-depth analyses of shareholder meeting agendas, vote recommendations, vote execution services, ballot reconciliation services, recordkeeping and vote disclosure services. In addition, the investment manager subscribes to Glass, Lewis &amp; Co., LLC (Glass Lewis), an unaffiliated third-party analytical research firm, to receive analyses and vote recommendations on the shareholder meetings of publicly held U.S. companies, as well as a limited subscription to its international research. Also, the investment manager has a supplemental subscription to Egan-Jones Proxy Services (Egan-Jones), an unaffiliated third party proxy advisory firm, to receive analyses and vote recommendations. Although analyses provided by ISS, Glass Lewis, Egan-Jones, and/or another independent third party proxy service provider (each a Proxy Service) are </FONT>


<FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">thoroughly reviewed and considered in making a final voting decision, the investment manager does not consider recommendations from a Proxy Service or any third party to be determinative of the investment manager's ultimate decision. Rather, the investment manager exercises its independent judgment in making voting decisions. As a matter of policy, the officers, directors/trustees and employees of the investment manager and the Proxy Group will not be influenced by outside sources whose interests conflict with the interests of the Fund and its shareholders. Efforts are made to resolve all conflicts in the best interests of the investment manager&#8217;s clients. Material conflicts of interest are identified by the Proxy Group based upon analyses of client, distributor, broker-dealer and vendor lists, information periodically gathered from directors and officers, and information derived from other sources, including public filings. In situations where a material conflict of interest is identified, the Proxy Group may vote consistent with the voting recommendation of a Proxy Service; or send the proxy directly to the Fund's board or a committee of the board with the investment manager's recommendation regarding the vote for approval.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_55"></A>

<a name="_bclPageBorder55"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">




<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Where a material conflict of interest has been identified, but the items on which the investment manager&#8217;s vote recommendations differ from a Proxy Service and relate specifically to (1) shareholder proposals regarding social or environmental issues, (2) &#8220;Other Business&#8221; without describing the matters that might be considered, or (3) items the investment manager wishes to vote in opposition to the recommendations of an issuer&#8217;s management, the Proxy Group may defer to the vote recommendations of the investment manager rather than sending the proxy directly to the Fund's board or a board committee for approval.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">To avoid certain potential conflicts of interest, the investment manager will employ echo voting, if possible, in the following instances: (1) when the Fund invests in an underlying fund in reliance on any one of Sections 12(d) (1) (E), (F), or (G) of the 1940 Act, the rules thereunder, or pursuant to a SEC exemptive order thereunder; (2) when the Fund invests uninvested cash in affiliated money market funds pursuant to the rules under the 1940 Act or any exemptive orders thereunder (&#8220;cash sweep arrangement&#8221;); or (3) when required pursuant to the Fund&#8217;s governing documents or applicable law. Echo voting means that the investment manager will vote the shares in the same proportion as the vote of all of the other holders of the underlying fund's shares.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">The recommendation of management on any issue is a factor that the investment manager considers in determining how proxies should be voted. However, the investment manager does not consider recommendations from management to be determinative of the investment manager&#8217;s ultimate decision. As a matter of practice, the votes with respect to most issues are cast in accordance with the position of the company's management. Each issue, however, is considered on its own merits, and the investment manager will not support the position of the company's management in any situation where it deems that the ratification of management&#8217;s position would adversely affect the investment merits of owning that company&#8217;s shares.</FONT></P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Engagement with issuers.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"> The investment manager believes that engagement with issuers is important to good corporate governance and to assist in making proxy voting decisions. The investment manager may engage with issuers to discuss specific ballot items to be voted on in advance of an annual or special meeting to obtain further information or clarification on the proposals. The investment manager may also engage with management on a range of environmental, social or corporate governance issues throughout the year.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_56"></A>

<a name="_bclPageBorder56"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Investment manager&#8217;s proxy voting policies and principles</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp; The investment manager has adopted general proxy voting guidelines, which are summarized below. These guidelines are not an exhaustive list of all the issues that may arise and the investment manager cannot anticipate all future situations. In all cases, each proxy and proposal (including both management and shareholder proposals) will be considered based on the relevant facts and circumstances on a case-by-case basis.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Board of directors.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New"> &nbsp; The investment manager supports an independent, diverse board of directors, and prefers that key committees such as audit, nominating, and compensation committees be comprised of independent directors. The investment manager supports boards with strong risk management oversight. The investment manager will generally vote against management efforts to classify a board and will generally support proposals to declassify the board of directors. The investment manager will consider withholding votes from directors who have attended less than 75% of meetings without a valid reason. While generally in favor of separating Chairman and CEO positions, the investment manager will review this issue as well as proposals to restore or provide for cumulative voting on a case-by-case basis, taking into consideration factors such as the company&#8217;s corporate governance guidelines or provisions and performance. The investment manager generally will support non-binding shareholder proposals to require a majority vote standard for the election of directors; however, if these proposals are binding, the investment manager will give careful review on a case-by-case basis of the potential ramifications of such implementation.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">In the event of a contested election, the investment manager will review a number of factors in making a decision including management&#8217;s track record, the company&#8217;s financial performance, qualifications of candidates on both slates, and the strategic plan of the dissidents and/or shareholder nominees.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Ratification of auditors of portfolio companies.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp; The investment manager will closely scrutinize the independence, role and performance of auditors. On a case-by-case basis, the investment manager will examine proposals relating to non-audit relationships and non-audit fees. The investment manager will also consider, on a case-by-case basis, proposals to rotate auditors, and will vote against the ratification of auditors when there is clear and compelling evidence of a lack of independence, accounting irregularities or negligence. The investment manager may also consider whether the ratification of auditors has been approved by an appropriate audit committee that meets applicable composition and independence requirements.</FONT></P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Management and director compensation.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp; A company&#8217;s equity-based compensation plan should be in alignment with the shareholders&#8217; long-term interests. The investment manager believes that executive compensation should be directly linked to the performance of the company. The investment manager evaluates plans on a case-by-case basis by considering several factors to determine whether the plan is fair and reasonable, including the ISS quantitative model utilized to assess such plans and/or the Glass Lewis evaluation of the plans. The investment manager will generally oppose plans that have the potential to be excessively dilutive, and will almost always oppose plans that are structured to allow the repricing of underwater options, or plans that have an automatic share replenishment &#8220;evergreen&#8221; feature. The investment manager will generally support employee stock option plans in which the purchase price is at least 85% of fair market value, and when potential dilution is 10% or less.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_57"></A>

<a name="_bclPageBorder57"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Severance compensation arrangements will be reviewed on a case-by-case basis, although the investment manager will generally oppose &#8220;golden parachutes&#8221; that are considered to be excessive. The investment manager will normally support proposals that require a percentage of directors&#8217; compensation to be in the form of common stock, as it aligns their interests with those of shareholders.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">The investment manager will review non-binding say-on-pay proposals on a case-by-case basis, and will generally vote in favor of such proposals unless compensation is misaligned with performance and/or shareholders&#8217; interests, the company has not provided reasonably clear disclosure regarding its compensation practices, or there are concerns with the company&#8217;s remuneration practices.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Anti-takeover mechanisms and related issues.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp; The investment manager generally opposes anti-takeover measures since they tend to reduce shareholder rights. However, as with all proxy issues, the investment manager conducts an independent review of each anti-takeover proposal. On occasion, the investment manager may vote with management when the research analyst has concluded that the proposal is not onerous and would not harm the Fund or its shareholders&#8217; interests. The investment manager generally supports proposals that require shareholder rights&#8217; plans (&#8220;poison pills&#8221;) to be subject to a shareholder vote and will closely evaluate such plans on a case-by-case basis to determine whether or not they warrant support. In addition, the investment manager will generally vote against any proposal to issue stock that has unequal or subordinate voting rights. The investment manager generally opposes any supermajority voting requirements as well as the payment of &#8220;greenmail.&#8221; The investment manager generally supports &#8220;fair price&#8221; provisions and confidential voting. The investment manager will review a company&#8217;s proposal to reincorporate to a different state or country on a case-by-case basis taking into consideration financial benefits such as tax treatment as well as comparing corporate governance provisions and general business laws that may result from the change in domicile.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Changes to capital structure.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp; The investment manager realizes that a company's financing decisions have a significant impact on its shareholders, particularly when they involve the issuance of additional shares of common or preferred stock or the assumption of additional debt. The investment manager will review, on a case-by-case basis, proposals by companies to increase authorized shares and the purpose for the increase. The investment manager will generally not vote in favor of dual-class capital structures to increase the number of authorized shares where that class of stock would have superior voting rights. The investment manager will generally vote in favor of the issuance of preferred stock in cases where the company specifies the voting, dividend, conversion and other rights of such stock and the terms of the preferred stock issuance are deemed reasonable. The investment manager will review proposals seeking preemptive rights on a case-by-case basis.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Mergers and corporate restructuring.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp; Mergers and acquisitions will be subject to careful review by the research analyst to determine whether they would be beneficial to shareholders. The investment manager will analyze various economic and strategic factors in making the final decision on a merger or acquisition. Corporate restructuring proposals are also subject to a thorough examination on a case-by-case basis.</FONT></P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Environmental and social issues.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp; The investment manager considers environmental and social issues alongside traditional financial measures to provide a more comprehensive view of the value, risk and return potential of an investment. Companies may face significant financial, legal and reputational </FONT>


<FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">risks resulting from poor environmental and social practices, or negligent oversight of environmental or social issues. Franklin Templeton&#8217;s &#8220;Responsible Investment Principles and Policies&#8221; describes the investment manager&#8217;s approach to consideration of environmental, social and governance issues within the investment manager&#8217;s processes and ownership practices.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_58"></A>

<a name="_bclPageBorder58"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">




<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">In the investment manager&#8217;s experience, those companies that are managed well are often effective in dealing with the relevant environmental and social issues that pertain to their business. As such, the investment manager will generally give management discretion with regard to environmental and social issues. However, in cases where management and the board have not demonstrated adequate efforts to mitigate material environmental or social risks, have engaged in inappropriate or illegal conduct, or have failed to adequately address current or emergent risks that threaten shareholder value, the investment manager may choose to support well-crafted shareholder proposals that serve to promote or protect shareholder value. This may include seeking appropriate disclosure regarding material environmental and social issues. The investment manager will review shareholder proposals on a case-by-case basis and may support those that serve to enhance value or mitigate risk, are drafted appropriately, and do not disrupt the course of business or require a disproportionate or inappropriate use of company resources.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">The investment manager will consider supporting a shareholder proposal seeking disclosure and greater board oversight of lobbying and corporate political contributions if the investment manager believes that there is evidence of inadequate oversight by the company&#8217;s board, if the company&#8217;s current disclosure is significantly deficient, or if the disclosure is notably lacking in comparison to the company&#8217;s peers.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Governance matters.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp; The investment manager generally supports the right of shareholders to call special meetings and act by written consent. However, the investment manager will review such shareholder proposals on a case-by-case basis in an effort to ensure that such proposals do not disrupt the course of business or require a disproportionate or inappropriate use of company resources.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Proxy access.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp; In cases where the investment manager is satisfied with company performance and the responsiveness of management, it will generally vote against shareholder proxy access proposals not supported by management. In other instances, the investment manager will consider such proposals on a case-by-case basis, taking into account factors such as the size of the company, ownership thresholds and holding periods, nomination limits (e.g., number of candidates that can be nominated), the intentions of the shareholder proponent, and shareholder base.</FONT></P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Global corporate governance.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp; Many of the tenets discussed above are applied to the investment manager's proxy voting decisions for international investments. However, the investment manager must be flexible in these worldwide markets. Principles of good corporate governance may vary by country, given the constraints of a country&#8217;s laws and acceptable practices in the markets. As a result, it is on occasion difficult to apply a consistent set of governance practices to all issuers. As experienced money managers, the investment manager's analysts are skilled in understanding the complexities of the regions in which they specialize and are trained to analyze proxy issues germane to their regions.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_59"></A>

<a name="_bclPageBorder59"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">The investment manager will generally attempt to process every proxy it receives for all domestic and foreign securities. However, there may be situations in which the investment manager may be unable to vote a proxy, or may choose not to vote a proxy, such as where: (i) a proxy ballot was not received from the custodian bank; (ii) a meeting notice was received too late; (iii) there are fees imposed upon the exercise of a vote and it is determined that such fees outweigh the benefit of voting; (iv) there are legal encumbrances to voting, including blocking restrictions in certain markets that preclude the ability to dispose of a security if the investment manager votes a proxy or where the investment manager is prohibited from voting by applicable law, economic or other sanctions, or other regulatory or market requirements, including but not limited to, effective Powers of Attorney; (v) the investment manager held shares on the record date but has sold them prior to the meeting date; (vi) a proxy voting service is not offered by the custodian in the market; (vii) the investment manager believes it is not in the best interest of the Fund or its shareholders to vote the proxy for any other reason not enumerated herein; or (viii) a security is subject to a securities lending or similar program that has transferred legal title to the security to another person.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">In some foreign jurisdictions, even if the investment manager uses reasonable efforts to vote a proxy on behalf of the Fund, such vote or proxy may be rejected because of (a) operational or procedural issues experienced by one or more third parties involved in voting proxies in such jurisdictions; (b) changes in the process or agenda for the meeting by the issuer for which the investment manager does not have sufficient notice; or (c) the exercise by the issuer of its discretion to reject the vote of the investment manager. In addition, despite the best efforts of the Proxy Group and its agents, there may be situations where the investment manager's votes are not received, or properly tabulated, by an issuer or the issuer's agent.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">The investment manager or its affiliates may, on behalf of one or more of the proprietary registered investment companies advised by the investment manager or its affiliates, determine to use its best efforts to recall any security on loan where the investment manager or its affiliates (a) learn of a vote on a material event that may affect a security on loan and (b) determine that it is in the best interests of such proprietary registered investment companies to recall the security for voting purposes.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Procedures for meetings involving fixed income securities.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">&nbsp; From time to time, certain custodians may process events for fixed income securities through their proxy voting channels rather than corporate action channels for administrative convenience. In such cases, the Proxy Group will receive ballots for such events on the ISS voting platform. The Proxy Group will solicit voting instructions from the investment manager for each Fund involved. If the Proxy Group does not receive voting instructions from the investment manager, the Proxy Group will take no action on the event. The investment manager may be unable to vote a proxy for a fixed income security, or may choose not to vote a proxy, for the reasons described under the section entitled &#8220;Proxy Procedures.&#8221;</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">The Proxy Group will monitor such meetings involving fixed income securities for conflicts of interest in accordance with these procedures for fixed income securities. If a fixed income issuer is flagged as a potential conflict of interest, the investment manager may nonetheless vote as it deems in the best interests of the Fund. The investment manager will report such decisions on an annual basis to the Fund board as may be required.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_60"></A>

<a name="_bclPageBorder60"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: both" face="Courier New">Shareholders may view the complete Policies online at franklintempleton.com. Alternatively, shareholders may request copies of the Policies free of charge by calling the Proxy Group collect at (954) 527-7678 or by sending a written request to: Franklin Templeton Companies, LLC, 300 S.E. 2nd Street, Fort Lauderdale, FL 33301-1923, Attention: Proxy Group. Copies of the Fund&#8217;s proxy voting records are available online at franklintempleton.com and posted on the SEC website at www.sec.gov. The proxy voting records are updated each year by August 31 to reflect the most recent 12-month period ended June 30.</FONT></P>

<P style="MARGIN: 0in 0in 0pt 45pt; TEXT-INDENT: -45pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 45pt; TEXT-INDENT: -45pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 45pt; TEXT-INDENT: -45pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Item 8. Portfolio Managers of Closed-End Management Investment Companies.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(a)(1)&nbsp; As of October 26, 2016, the portfolio managers of the Fund is as follows:</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">MICHAEL HASENSTAB,</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"> </FONT><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Ph.D.</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">, </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Senior Vice President of Franklin Advisers, Inc.</FONT></I></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Dr. Hasenstab has been a portfolio manager of the Fund since 2002.&nbsp; He has final authority over all aspects of the Fund's investment portfolio, including but not limited to, purchases and sales of individual securities, portfolio risk assessment, and the management of daily cash balances in accordance with anticipated management requirements. The degree to which he may perform these functions, and the nature of these functions, may change from time to time.</FONT><FONT lang=EN-US style="FONT-SIZE: 12pt; LAYOUT-GRID-MODE: line" face="Courier New"> </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">&nbsp;He first joined Franklin Templeton Investments in 1995, rejoining again in 2001 after a three-year leave to obtain his PH.D.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">SONAL DESAI, PH.D., </FONT></B><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Portfolio Manager of Franklin Advisers, Inc.</FONT></I></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Dr. Desai has been a portfolio manager of the Fund since 2011, providing research and advice on the purchases and sales of individual securities, and portfolio risk assessment. She joined Franklin Templeton Investments in 2009. Prior to joining Franklin Templeton Investments, she was part of the Global Credit team at Thames River Capital in London, where she was responsible for shaping the team's top-down global view on macroeconomic and market developments covering both G10 and global emerging markets.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(a)(2)&nbsp; This section reflects information about the portfolio managers as of the fiscal year ended August 31, 2016.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">The following table shows the number of other accounts managed by each portfolio manager and the total assets in the accounts managed within each category:</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 545.45pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BACKGROUND: #a6a6a6; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; BORDER-LEFT: windowtext 1pt solid; PADDING-RIGHT: 5.4pt" vAlign=top width="14%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="courier new"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="courier new"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="courier new"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="courier new"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="courier new"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="courier new"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="courier new"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="courier new">Name</FONT></P></TD>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BACKGROUND: #a6a6a6; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">Number of Other Registered Investment Companies Managed<SUP>1</SUP></FONT></P>

   <P style="MARGIN: 0in"><FONT style="DISPLAY: none" face="courier new"><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="courier new"></FONT></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BACKGROUND: #a6a6a6; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="14%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">Assets of Other Registered Investment Companies Managed</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">(x $1 million)<SUP>1</SUP></FONT></P></TD>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BACKGROUND: #a6a6a6; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">Number of Other Pooled Investment Vehicles Managed<SUP>1</SUP></FONT></P></TD>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BACKGROUND: #a6a6a6; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">Assets of Other Pooled Investment Vehicles Managed</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">(x $1 million)<SUP>1</SUP></FONT></P></TD>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BACKGROUND: #a6a6a6; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">Number of Other Accounts Managed<SUP>1</SUP></FONT></P></TD>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BACKGROUND: #a6a6a6; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="14%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">Assets of Other Accounts Managed</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">(x $1 million)<SUP>1</SUP></FONT></P></TD></TR>

<TR>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; BORDER-LEFT: windowtext 1pt solid; PADDING-RIGHT: 5.4pt" vAlign=top width="14%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">Michael Hasenstab</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">17</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">59,594.5</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: char" face="Courier New">41<SUP>2</SUP></FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: char" face="Courier New">64,238.8</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: char" face="Courier New">20<SUP>2</SUP></FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: char" face="Courier New">6,356.0</FONT></P></TD></TR>

<TR>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; BORDER-LEFT: windowtext 1pt solid; PADDING-RIGHT: 5.4pt" vAlign=top width="14%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">Sonal Desai</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">5</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">52,612.9</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">10</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">45,289.9</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">0</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">&nbsp;&nbsp; N/A</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="DISPLAY: none"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 37.2pt; TEXT-INDENT: -19.2pt"><FONT lang=EN-US style="FONT-SIZE: 8pt; LINE-HEIGHT: normal" face="courier new">1.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: normal" face="times new roman">&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 8pt; LINE-HEIGHT: normal" face="courier new">The various pooled investment vehicles and accounts listed are managed by a team of investment professionals.&nbsp; Accordingly, the individual managers listed would not be solely responsible for managing such listed amounts.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_61"></A>

<a name="_bclPageBorder61"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="MARGIN: 0in 0in 0pt 37.2pt; TEXT-INDENT: -19.2pt"><FONT lang=EN-US style="FONT-SIZE: 8pt; LINE-HEIGHT: normal" face="courier new">2.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: normal" face="times new roman">&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 8pt; LINE-HEIGHT: normal" face="courier new">Dr. Hasenstab manages a Pooled Investment Vehicles and Other Accounts with $2,582.2 in total assets with a performance fee.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Portfolio managers that provide investment services to the Fund may also provide services to a variety of other investment products, including other funds, institutional accounts and private accounts.&nbsp; The advisory fees for some of such other products and accounts may be different than that charged to the Fund and may include performance based compensation (as noted, in the chart above, if any).&nbsp; This may result in fees that are higher (or lower) than the advisory fees paid by the Fund. As a matter of policy, each fund or account is managed solely for the benefit of the beneficial owners thereof. As discussed below, the separation of the trading execution function from the portfolio management function and the application of objectively based trade allocation procedures help to mitigate potential conflicts of interest that may arise as a result of the portfolio managers managing accounts with different advisory fees.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Conflicts.&nbsp; </FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">The management of multiple funds, including the Fund, and accounts may also give rise to potential conflicts of interest if the funds and other accounts have different objectives, benchmarks, time horizons, and fees as the portfolio manager must allocate his or her time and investment ideas across multiple funds and accounts. The investment manager seeks to manage such competing interests for the time and attention of portfolio managers by having portfolio managers focus on a particular investment discipline.&nbsp; Most other accounts managed by a portfolio manager are managed using the same investment strategies that are used in connection with the management of the Fund.&nbsp; Accordingly, portfolio holdings, position sizes, and industry and sector exposures tend to be similar across similar portfolios, which may minimize the potential for conflicts of interest. As noted above, the separate management of the trade execution and valuation functions from the portfolio management process also helps to reduce potential conflicts of interest. However, securities selected for funds or accounts other than the Fund may outperform the securities selected for the Fund. Moreover, if a portfolio manager identifies a limited investment opportunity that may be suitable for more than one fund or other account, the Fund may not be able to take full advantage of that opportunity due to an allocation of that opportunity across all eligible funds and other accounts. The investment manager seeks to manage such potential conflicts by using procedures intended to provide a fair allocation of buy and sell opportunities among funds and other accounts.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">The structure of a portfolio manager&#8217;s compensation may give rise to potential conflicts of interest. A portfolio manager&#8217;s base pay and bonus tend to increase with additional and more complex responsibilities that include increased assets under management.&nbsp; As such, there may be an indirect relationship between a portfolio manager&#8217;s marketing or sales efforts and his or her bonus.&nbsp; </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Finally, the management of personal accounts by a portfolio manager may give rise to potential conflicts of interest.&nbsp; While the funds and the manager have adopted a code of ethics which they believe contains provisions reasonably necessary to prevent a wide range of prohibited activities by portfolio managers and others with respect to their personal trading activities, there can be no assurance that the code of ethics addresses all individual conduct that could result in conflicts of interest.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">The manager and the Fund have adopted certain compliance procedures that are designed to address these, and other, types of conflicts.&nbsp; However, there is no </FONT>


<FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">guarantee that such procedures will detect each and every situation where a conflict arises.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_62"></A>

<a name="_bclPageBorder62"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">




<P style="MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in"><I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new">Compensation.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new">&nbsp; The investment manager seeks to maintain a compensation program that is competitively positioned to attract, retain and motivate top-quality investment professionals. Portfolio managers receive a base salary, a cash incentive bonus opportunity, an equity compensation opportunity, and a benefits package. Portfolio manager compensation is reviewed annually and the level of compensation is based on individual performance, the salary range for a portfolio manager&#8217;s level of responsibility and Franklin Templeton guidelines. Portfolio managers are provided no financial incentive to favor one fund or account over another. Each portfolio manager&#8217;s compensation consists of the following three elements:</FONT></P>

<P style="MARGIN-LEFT: 18.75pt; MARGIN-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new">Base salary</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new">&nbsp; Each portfolio manager is paid a base salary.</FONT></P>

<P style="MARGIN-LEFT: 18.75pt; MARGIN-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new">Annual bonus</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new">&nbsp; Annual bonuses are structured to align the interests of the portfolio manager with those of the Fund&#8217;s shareholders. Each portfolio manager is eligible to receive an annual bonus. Bonuses generally are split between cash (50% to 65%) and restricted shares of Resources stock (17.5% to 25%) and mutual fund shares (17.5% to 25%). The deferred equity-based compensation is intended to build a vested interest of the portfolio manager in the financial performance of both Resources and mutual funds advised by the investment manager. The bonus plan is intended to provide a competitive level of annual bonus compensation that is tied to the portfolio manager achieving consistently strong investment performance, which aligns the financial incentives of the portfolio manager and Fund shareholders. The Chief Investment Officer of the investment manager and/or other officers of the investment manager, with responsibility for the Fund, have discretion in the granting of annual bonuses to portfolio managers in accordance with Franklin Templeton guidelines. The following factors are generally used in determining bonuses under the plan:</FONT></P>

<UL style="MARGIN-BOTTOM: 0in; MARGIN-TOP: 0in" type=disc>

<LI style="MARGIN: 7.5pt 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Investment performance.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"> Primary consideration is given to the historic investment performance of all accounts managed by the portfolio manager over the 1, 3 and 5 preceding years measured against risk benchmarks developed by the fixed income management team. The pre-tax performance of each fund managed is measured relative to a relevant peer group and/or applicable benchmark as appropriate.</FONT>

<LI style="MARGIN: 7.5pt 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Non-investment performance.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"> The more qualitative contributions of the portfolio manager to the investment manager&#8217;s business and the investment management team, including business knowledge, productivity, customer service, creativity, and contribution to team goals, are evaluated in determining the amount of any bonus award.</FONT>

<LI style="MARGIN: 7.5pt 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Responsibilities.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"> The characteristics and complexity of funds managed by the portfolio manager are factored in the investment manager&#8217;s appraisal.</FONT> </LI></UL>

<P style="MARGIN-LEFT: 18.75pt; MARGIN-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new">Additional long-term equity-based compensation</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new"> &nbsp; Portfolio managers may also be awarded restricted shares or units of Resources stock or restricted shares or units of one or more mutual funds. Awards of such deferred equity-based compensation typically vest over time, so as to create incentives to retain key talent.</FONT></P>

<P style="MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new">Portfolio managers also participate in benefit plans and programs available generally to all employees of the investment manager.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_63"></A>

<a name="_bclPageBorder63"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in"><I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new">Ownership of Fund shares.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new"> &nbsp; The investment manager has a policy of encouraging portfolio managers to invest in the funds they manage. Exceptions arise when, for example, a fund is closed to new investors or when tax considerations or jurisdictional constraints cause such an investment to be inappropriate for the portfolio manager. The following is the dollar range of Fund shares beneficially owned by the portfolio manager (such amounts may change from time to time):</FONT></P>

<P style="MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="courier new"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 303.799pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: medium none; MARGIN-LEFT: 41.4pt; BORDER-LEFT: medium none" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BACKGROUND: #a6a6a6; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; BORDER-LEFT: windowtext 1pt solid; PADDING-RIGHT: 5.4pt" vAlign=top width="45%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Portfolio Manager</FONT></P></TD>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BACKGROUND: #a6a6a6; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="55%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Dollar Range of Fund Shares Beneficially Owned</FONT></P></TD></TR>

<TR>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; BORDER-LEFT: windowtext 1pt solid; PADDING-RIGHT: 5.4pt" vAlign=top width="45%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">Michael Hasenstab</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="55%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face="courier new">$10,001 - $50,000 </FONT></P></TD></TR>

<TR>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; BORDER-LEFT: windowtext 1pt solid; PADDING-RIGHT: 5.4pt" vAlign=top width="45%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LAYOUT-GRID-MODE: line" face="Courier New">Sonal Desai</FONT></P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="55%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="courier new">None</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; N/A</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Item 10. Submission of Matters to a Vote of Security Holders.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">There have been no changes to the procedures by which shareholders may recommend nominees to the Registrant's Board of Trustees that would require disclosure herein.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Item 11. Controls and Procedures.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(a)</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"> </FONT><B><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Evaluation of Disclosure Controls and Procedures</FONT></U></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">.&nbsp; The Registrant maintains disclosure controls and procedures that are designed to ensure that information required to be disclosed in the Registrant&#8217;s filings under the Securities Exchange Act of 1934 and the Investment Company Act of 1940 is recorded, processed, summarized and reported within the periods specified in the rules and forms of the Securities and Exchange Commission.&nbsp; Such information is accumulated and communicated to the Registrant&#8217;s management, including its principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure.&nbsp; The Registrant&#8217;s management, including the principal executive officer and the principal financial officer, recognizes that any set of controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Within 90 days prior to the filing date of this Shareholder Report on Form N-CSR, the Registrant had carried out an evaluation, under the supervision and with the participation of the Registrant&#8217;s management, including the Registrant&#8217;s principal executive officer and the Registrant&#8217;s principal financial officer, of the effectiveness of the design and operation of the Registrant&#8217;s disclosure controls and procedures.&nbsp; Based on such evaluation, the Registrant&#8217;s principal executive officer and principal financial officer concluded that the Registrant&#8217;s disclosure controls and procedures are effective.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(b) </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Changes in Internal Controls</FONT></U></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">.&nbsp; There have been no changes in the Registrant&#8217;s internal controls or in other factors that could materially affect the internal controls over financial reporting subsequent to the date of their </FONT>

<a name="page_64"></a>
<FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">evaluation in connection with the preparation of this Shareholder Report on Form N-CSR.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_14"></A>

<a name="_bclPageBorder64"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">




<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Item 12. Exhibits.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(a)(1) </FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Code of Ethics</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(a)(2)</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"> Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of Laura F. Fergerson, Chief Executive Officer - Finance and Administration, and Mark H. Otani, Chief Financial Officer and Chief Accounting Officer</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">(b)</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"> Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of Laura F. Fergerson, Chief Executive Officer - Finance and Administration, and Mark H. Otani, Chief Financial Officer and Chief Accounting Officer</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">SIGNATURES</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">TEMPLETON GLOBAL INCOME FUND</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">By </FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">/s/LAURA F. FERGERSON</FONT></U></P>

<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Laura F. Fergerson </FONT></P>

<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Chief Executive Officer - Finance and </FONT></P>

<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">&nbsp;Administration</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Date:&nbsp; October 26, 2016</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">By </FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">/s/LAURA F. FERGERSON</FONT></U></P>

<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Laura F. Fergerson </FONT></P>

<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Chief Executive Officer - Finance and </FONT></P>

<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Administration</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Date:&nbsp; October 26, 2016</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">By </FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">/s/MARK H. OTANI</FONT></U></P>

<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Chief Financial Officer and</FONT></P>

<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Chief Accounting Officer</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LAYOUT-GRID-MODE: line" face="Courier New">Date:&nbsp; October 26, 2016</FONT></P></DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CODE ETH
<SEQUENCE>2
<FILENAME>ncsr_code1209amd1213.txt
<TEXT>

                                                               Exhibit 12(a)(1)



CODE OF ETHICS FOR PRINCIPAL EXECUTIVES & SENIOR FINANCIAL OFFICERS
------------------------------------------------------------------------------

PROCEDURES   Revised December 18, 2009
-------------------------------------------------------------------------------

                            FRANKLIN TEMPLETON FUNDS
                   CODE OF ETHICS FOR PRINCIPAL EXECUTIVE AND
                            SENIOR FINANCIAL OFFICERS

I.  Covered Officers and Purpose of the Code

     This  code of  ethics  (the  "Code")  applies  to the  Principal  Executive
Officers,  Principal  Financial  Officer and Principal  Accounting  Officer (the
"Covered  Officers,"  each of whom is set forth in Exhibit A) of each investment
company advised by a Franklin  Resources  subsidiary and that is registered with
the United States Securities & Exchange  Commission ("SEC")  (collectively,  "FT
Funds") for the purpose of promoting:

     o Honest and ethical conduct, including the ethical resolution of actual or
       apparent conflicts of  interest between personal and  professional
       relationships;

     o Full, fair, accurate, timely and understandable disclosure in reports and
       documents that a registrant files with, or submits to, the SEC and in
       other public communications made by or on behalf of the FT Funds;

     o Compliance with applicable laws and governmental rules and regulations;

     o The prompt internal reporting of violations of the Code to an appropriate
       person or persons identified in the Code; and

     o Accountability for adherence to the Code.

     Each  Covered  Officer  will be  expected  to adhere to a high  standard of
business ethics and must be sensitive to situations that may give rise to actual
as well as apparent conflicts of interest.

II.  Other Policies and Procedures

     This  Code  shall be the sole  code of  ethics  adopted  by the  Funds  for
purposes  of  Section  406 of the  Sarbanes-Oxley  Act and the  rules  and forms
applicable to registered investment companies thereunder.

     Franklin  Resources,  Inc.  has  separately  adopted the CODE OF ETHICS AND
BUSINESS  CONDUCT  ("Business  Conduct"),  which is  applicable to all officers,
directors and employees of Franklin Resources, Inc., including Covered Officers.
It  summarizes  the values,  principles  and business  practices  that guide the
employee's business conduct and also provides a set of basic principles to guide
officers,  directors and employees  regarding the minimum  ethical  requirements
expected of them. It supplements  the values,  principles  and business  conduct
identified in the Code and other existing employee policies.

     Additionally, the Franklin Templeton Funds have separately adopted the CODE
OF ETHICS AND POLICY STATEMENT ON INSIDER TRADING governing personal  securities
trading and other related  matters.  The Code for Insider  Trading  provides for
separate  requirements  that  apply to the  Covered  Officers  and  others,  and
therefore is not part of this Code.

     Insofar as other  policies or procedures of Franklin  Resources,  Inc., the
Funds, the Funds' adviser,  principal  underwriter,  or other service  providers
govern or purport to govern the behavior or activities  of the Covered  Officers
who are  subject to this Code,  they are  superceded  by this Code to the extent
that they overlap or conflict with the  provisions  of this Code.  Please review
these other  documents or consult with the Legal  Department  if have  questions
regarding the applicability of these policies to you.

III. Covered Officers Should Handle Ethically Actual and Apparent Conflicts of
Interest

     OVERVIEW.  A "conflict of interest" occurs when a Covered Officer's private
interest  interferes  with the  interests  of, or his or her  service to, the FT
Funds. For example, a conflict of interest would arise if a Covered Officer,  or
a member of his  family,  receives  improper  personal  benefits  as a result of
apposition with the FT Funds.

     Certain  conflicts  of  interest  arise  out of the  relationships  between
Covered  Officers  and the FT Funds and  already  are  subject  to  conflict  of
interest  provisions in the Investment Company Act of 1940 ("Investment  Company
Act") and the Investment  Advisers Act of 1940 ("Investment  Advisers Act"). For
example,  Covered Officers may not individually  engage in certain  transactions
(such as the purchase or sale of securities or other property) with the FT Funds
because of their status as "affiliated  persons" of the FT Funds.  The FT Funds'
and the investment  advisers' compliance programs and procedures are designed to
prevent, or identify and correct, violations of these provisions. This Code does
not, and is not intended to,  repeat or replace these  programs and  procedures,
and such conflicts fall outside of the parameters of this Code.

     Although  typically not  presenting an  opportunity  for improper  personal
benefit,  conflicts arise from, or as a result of, the contractual  relationship
between the FT Funds,  the  investment  advisers and the fund  administrator  of
which the Covered  Officers are also  officers or employees.  As a result,  this
Code  recognizes  that the Covered  Officers will, in the normal course of their
duties (whether formally for the FT Funds, for the adviser,  the  administrator,
or for all  three),  be  involved  in  establishing  policies  and  implementing
decisions that will have different effects on the adviser, administrator and the
FT Funds.  The  participation  of the  Covered  Officers in such  activities  is
inherent in the contractual  relationship between the FT Funds, the adviser, and
the administrator and is consistent with the performance by the Covered Officers
of their duties as officers of the FT Funds.  Thus,  if performed in  conformity
with the  provisions of the Investment  Company Act and the Investment  Advisers
Act, such activities will be deemed to have been handled ethically. In addition,
it is  recognized  by the FT Funds'  Boards  of  Directors  ("Boards")  that the
Covered  Officers  may  also be  officers  or  employees  of one or  more  other
investment companies covered by this or other codes.

     Other conflicts of interest are covered by the Code, even if such conflicts
of interest are not subject to provisions in the Investment  Company Act and the
Investment  Advisers Act. The following  list provides  examples of conflicts of
interest  under the Code,  but Covered  Officers  should keep in mind that these
examples  are not  exhaustive.  The  overarching  principle is that the personal
interest  of a Covered  Officer  should  not be  placed  improperly  before  the
interest of the FT Funds.

Each Covered Officer must:

     o Not use his or her personal influence  or  personal  relationships
       improperly to influence investment decisions orfinancial reporting by
       the FT Funds whereby the Covered Officer would benefit personally to the
       detriment of the FT Funds;

     o Not cause the FT Funds to take action, or fail to take  action, for the
       individual personal benefit of the Covered Officer rather than the
       benefit the FT Funds;

     o Not retaliate against any other Covered Officer or any employee of the FT
       Funds or their affiliated persons for reports of potential  violations
       that are made in good faith;

     o Report  at  least   annually  the  following  affiliations  or other
       relationships:/1

          o all directorships for public companies and all companies that are
            required to file reports with the SEC;
          o any direct or indirect  business relationship  with any independent
            directors of the FT Funds;
          o any direct or indirect  business relationship with any independent
            public  accounting  firm (which are not related to the routine
            issues related to the firm's service as the Covered Persons
            accountant); and
          o any direct or indirect interest in any transaction with any FT Fund
            that will benefit the officer (not including benefits derived from
            the advisory, sub-advisory, distribution or service agreements with
            affiliates of Franklin Resources).

     These reports will be reviewed by the Legal  Department for compliance with
the Code.

     There are some  conflict  of  interest  situations  that  should  always be
approved  in writing by Franklin  Resources  General  Counsel or Deputy  General
Counsel, if material. Examples of these include/2:

     o Service as a director on the board of any public or private Company;

     o The  receipt  of any gifts in excess  of $100 from any  person,  from any
       corporation or association

     o The receipt of any entertainment from any Company with which the FT Funds
       has current or prospective  business dealings unless such entertainment
       is business related, reasonable in cost, appropriate as to time and
       place, and not so frequent as to raise any question of  impropriety.
       Notwithstanding the foregoing, the Covered Officers must obtain prior
       approval from the Franklin Resources General Counsel for any
       entertainment  with a value in excess of $1000.

     o Any ownership  interest in, or any consulting or employment relationship
       with, any of the FT Fund's service providers, other than an investment
       adviser, principal underwriter, administrator or any affiliated person
       thereof;

     o A direct or  indirect  financial  interest  in  commissions,  transaction
       charges or spreads paid by the FT Funds for   effecting   portfolio
       transactions or for selling or redeeming shares  other than an interest
       arising from the Covered Officer's employment, such as compensation  or
       equity ownership.

     Franklin Resources General Counsel or Deputy General Counsel will provide a
report to the FT Funds  Audit  Committee  of any  approvals  granted at the next
regularly scheduled meeting.

IV. Disclosure and Compliance

     o Each Covered  Officer  should  familiarize  himself  with the  disclosure
       requirements generally applicable to the FT Funds;

     o Each Covered Officer should not knowingly misrepresent, or cause others
       to  misrepresent, facts about the FT Funds to others, whether within or
       outside the FT Funds, including to the FT Funds' directors and auditors,
       and to governmental regulators and self-regulatory organizations;

     o Each Covered Officer should, to the extent appropriate within his or her
       area of responsibility, consult with other officers and employees of the
       FT Funds, the FT Fund's adviser and the administrator with the goal of
       promoting full, fair, accurate, timely and understandable disclosure in
       the reports and documents the FT Funds file with, or submit to, the SEC
       and in other public communications made by the FT Funds; and

     o It is the  responsibility  of each Covered Officer to promote compliance
       with the standards and restrictions imposed by applicable laws, rules and
       regulations.

V. Reporting and Accountability

Each Covered Officer must:

     o Upon becoming a covered officer affirm in writing to the Board that he or
       she has received, read, and understands the Code (see Exhibit B);

     o Annually  thereafter  affirm to the Board that he has  complied  with the
       requirements of the Code; and

     o Notify  Franklin  Resources'  General  Counsel or Deputy General Counsel
       promptly if he or she knows of any violation of this Code. Failure to do
       so is itself is a violation of this Code.

     Franklin Resources' General Counsel and Deputy General Counsel  are
responsible for applying this Code to specific situations in which questions are
presented under  it and have  the  authority  to  interpret  this  Code in any
particular  situation./3 However, the Independent Directors of the respective FT
Funds will consider any  approvals or waivers/4  sought by any Chief  Executive
Officers of the Funds.

     The FT Funds will follow these  procedures in  investigating  and enforcing
this Code:

     o Franklin  Resources General Counsel or Deputy General Counsel will take
       all appropriate action to investigate any potential  violations reported
       to the Legal Department;

     o If,  after such  investigation,  the  General Counsel or Deputy General
       Counsel believes that no violation has occurred, The General Counsel is
       not required to take any further action;

     o Any matter that the General Counsel or Deputy General Counsel believes is
       a  violation  will  be  reported  to  the  Independent   Directors  of
       the appropriate FT Fund;

     o If the Independent Directors concur that a violation has occurred, it
       will inform and make a recommendation to the Board of the appropriate
       FT Fund or Funds, which will consider appropriate action, which may
       include review of, and appropriate modifications to, applicable policies
       and procedures; notification to appropriate personnel of the investment
       adviser or its board; or a recommendation to dismiss the Covered Officer;

     o The Independent Directors will be responsible for granting  waivers, as
       appropriate; and

     o Any changes to or waivers of this Code will, to the extent required, are
       disclosed as provided by SEC rules./5

VI. Other Policies and Procedures

     This Code shall be the sole code of ethics adopted by the FT Funds for
purposes of Section 406 of the Sarbanes-Oxley Act and the rules and forms
applicable to registered investment companies thereunder. Insofar as other
policies or procedures of the FT Funds, the FT Funds' advisers, principal
underwriter, or other service providers govern or purport to govern the behavior
or activities of the Covered Officers who are subject to this Code, they are
superseded by this Code to the extent that they overlap or conflict with the
provisions of this Code. The FT Code of Ethics and Policy Statement On Insider
Trading, adopted by the FT Funds, FT investment advisers and FT Fund's principal
underwriter pursuant to Rule 17j-1 under the Investment Company Act, the Code of
Ethics and Business Conduct and more detailed policies and procedures set forth
in FT's Employee Handbook are separate requirements applying to the Covered
Officers and others, and are not part of this Code.

VII. Amendments

     Any  amendments to this Code,  other than  amendments to Exhibit A, must be
approved  or  ratified  by a majority  vote of the FT Funds'  Board  including a
majority of independent directors.

VIII. Confidentiality

     All reports and records  prepared or maintained  pursuant to this Code will
be considered  confidential  and shall be maintained and protected  accordingly.
Except as  otherwise  required by law or this Code,  such  matters  shall not be
disclosed to anyone other than the FT Funds' Board and their counsel.

IX. Internal Use

     The Code is intended  solely for the  internal use by the FT Funds and does
not  constitute an admission,  by or on behalf of any FT Funds,  as to any fact,
circumstance, or legal conclusion.

X. Disclosure on Form N-CSR

     Item 2 of Form N-CSR requires a registered management investment company to
disclose annually whether, as of the end of the period covered by the report, it
has  adopted  a code  of  ethics  that  applies  to the  registrant's  principal
executive officer,  principal financial officer, principal accounting officer or
controller, or persons performing similar functions, regardless of whether these
officers are employed by the registrant or a third party.  If the registrant has
not adopted such a code of ethics, it must explain why it has not done so.

     The  registrant  must also:  (1) file with the SEC a copy of the code as an
exhibit  to its  annual  report;  (2) post the text of the code on its  Internet
website and  disclose,  in its most recent  report on Form N-CSR,  its  Internet
address and the fact that it has posted the code on its Internet website; or (3)
undertake  in its most  recent  report on Form  N-CSR to  provide  to any person
without charge, upon request, a copy of the code and explain the manner in which
such  request may be made.  Disclosure  is also  required of  amendments  to, or
waivers  (including  implicit  waivers)  from,  a  provision  of the code in the
registrant's  annual report on Form N-CSR or on its website.  If the  registrant
intends to satisfy the requirement to disclose amendments and waivers by posting
such  information  on its website,  it will be required to disclose its Internet
address and this intention.

     The Legal Department shall be responsible for ensuring that:

     o a copy of the Code is filed  with the SEC as an exhibit to each Fund's
       annual report; and

     o any  amendments to, or waivers (including implicit waivers) from, a
       provision  of the Code is disclosed in the  registrant's annual report
       on Form N-CSR.

     In the event that the  foregoing  disclosure is omitted or is determined to
be incorrect, the Legal Department shall promptly file such information with the
SEC as an amendment to Form N-CSR.

     In such an event, the Fund Chief  Compliance  Officer shall review the Code
and propose such changes to the Code as are necessary or  appropriate to prevent
reoccurrences.



EXHIBIT A

                 Persons Covered by the Franklin Templeton Funds
                                 Code of Ethics
                                  December 2013

FRANKLIN GROUP OF FUNDS

Edward B. Jamieson        President and Chief Executive Officer - Investment
                          Management
Rupert H. Johnson, Jr.    President and Chief Executive Officer - Investment
                          Management
William J. Lippman        President and Chief Executive Officer - Investment
                          Management
Christopher Molumphy      President and Chief Executive Officer - Investment
                          Management
Laura Fergerson           Chief Executive Officer - Finance and Administration
Gaston R. Gardey          Chief Financial Officer and Chief Accounting Officer


FRANKLIN MUTUAL SERIES FUNDS

Peter Langerman           Chief Executive Officer-Investment Management
Laura Fergerson           Chief Executive Officer - Finance and Administration
Robert G. Kubilis         Chief Financial Officer and Chief Accounting Officer


FRANKLIN ALTERNATIVE STRTEGIES FUNDS

William Yun	          Chief Executive Officer-Investment Management
Laura Fergerson           Chief Executive Officer - Finance and Administration
Robert G. Kubilis         Chief Financial Officer and Chief Accounting Officer


TEMPLETON GROUP OF FUNDS

Mark Mobius               President and Chief Executive Officer - Investment
                          Management
Christopher J. Molumphy   President and Chief Executive Officer - Investment
                          Management
Norman Boersma            President and Chief Executive Officer - Investment
                          Management
Donald F. Reed            President and Chief Executive Officer - Investment
                          Management
Laura Fergerson           Chief Executive Officer - Finance and Administration
Mark H. Otani             Chief Financial Officer and Chief Accounting Officer





                                    EXHIBIT B

                               ACKNOWLEDGMENT FORM
                                    DECEMBER

                    FRANKLIN TEMPLETON FUNDS CODE OF ETHICS
             FOR PRINCIPAL EXECUTIVE AND SENIOR FINANCIAL OFFICERS

INSTRUCTIONS:
1. Complete all sections of this form.
2. Print the completed form, sign, and date.
3. Submit completed form to FT's General Counsel c/o Code of Ethics
   Administration within 10 days of becoming a Covered Officer and by February
   15th of each subsequent year.

INTER-OFFICE MAIL: Code of Ethics Administration, Global Compliance  SM-920/2
Fax: 		   (650) 312-5646
E-MAIL:            Preclear-Code of Ethics (internal address);
                   lpreclear@frk.com (external address)

------------------------------------------------------------------------------
COVERED OFFICER'S NAME:
------------------------------------------------------------------------------
TITLE:
------------------------------------------------------------------------------
DEPARTMENT:
------------------------------------------------------------------------------
LOCATION:
------------------------------------------------------------------------------
CERTIFICATION FOR YEAR ENDING:
------------------------------------------------------------------------------

TO: Franklin Resources General Counsel, Legal Department

I acknowledge receiving, reading and understanding the Franklin Templeton Fund's
Code of Ethics for Principal Executive Officers and Senior Financial Officers
(the "Code"). I will comply fully with all provisions of the Code to the extent
they apply to me during the period of my employment. I further understand and
acknowledge that any violation of the Code may subject me to disciplinary
action, including termination of employment.




       ----------------------------       ----------------------
                Signature                     Date signed






-----------------------------

1. Reporting of these affiliations or other relationships shall be made by
completing the annual Directors and Officers Questionnaire and returning the
questionnaire to Franklin Resources Inc, General Counsel or Deputy General
Counsel.

2. Any activity or relationship that would present a conflict for a Covered
Officer may also present a conflict for the Covered Officer if a member of the
Covered Officer's immediate family engages in such an activity or has such a
relationship. The Cover Person should also obtain written approval by FT's
General Counsel in such situations.

3. Franklin Resources General Counsel and Deputy General Counsel are authorized
to consult, as appropriate, with members of the Audit Committee, counsel to the
FT Funds and counsel to the Independent Directors, and are encouraged to do so.

4. Item 2 of Form N-CSR defines "waiver" as "the approval by the registrant of
a material departure from a provision of the code of ethics" and "implicit
waiver," which must also be disclosed, as "the registrant's failure to take
action within a reasonable period of time regarding a material departure from
a provision of the code of ethics that has been made known to an executive
officer" of the registrant. See Part X.

5. See Part X.
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>3
<FILENAME>tgif302certs.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>tgif302certs.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">
<a name="page_1"></a><a name="_bclPageBorder1"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Exhibit
12(a)(2)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">I, Laura F. Fergerson, certify
that:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">1. I have reviewed this report on
Form N-CSR of </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Templeton Global Income Fund</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">2.
Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report; </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">3. Based on my
knowledge, the financial statements, and other financial information included
in this report, fairly present in all material respects the financial
condition, results of operations, changes in net assets, and cash flows (if the
financial statements are required to include a statement of cash flows) of the
registrant as of, and for, the periods presented in this report;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">4.
The registrant's other certifying officer(s) and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c)
under the Investment Company Act of 1940) and internal control over financial
reporting (as defined in Rule 30a-3(d) under the Investment Company Act of
1940) for the registrant and have:</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(a) Designed such
disclosure controls and procedures, or caused such disclosure controls and
procedures to be designed under our supervision, to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this report is being prepared;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(b) Designed such internal control over financial reporting, or caused
such internal control over financial reporting to be designed under our
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(c) Evaluated the effectiveness of the registrant's disclosure controls
and procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report based on such evaluation; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(d) Disclosed in this report any change in the registrant&#8217;s internal
control over financial reporting that occurred during the second fiscal quarter
of the period covered by this report that has materially affected, or is reasonably
likely to materially affect, the registrant&#8217;s internal control over financial
reporting; and&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">5.
The registrant's other certifying officer(s) and I have disclosed to the
registrant's auditors and the audit committee of the registrant's board of
directors (or persons performing the equivalent functions):</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(a)
All significant deficiencies and material weaknesses in the design or operation
of internal control over financial reporting which are reasonably likely to
adversely affect the registrant's ability to record, process, summarize, and
report financial information; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(b)
Any fraud, whether or not material, that involves management or other employees
who have a significant role in the registrant's internal control over financial
reporting.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">10/26/2016</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">S\LAURA F. FERGERSON</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:12.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Laura F. Fergerson</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Chief Executive Officer - Finance and Administration </font></p>




<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_2"></a><a name="_bclPageBorder2"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Exhibit
12(a)(2)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">I, Mark H. Otani, certify that:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">1. I have reviewed this report on
Form N-CSR of </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Templeton Global Income Fund</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">2.
Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report; </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">3. Based on my
knowledge, the financial statements, and other financial information included
in this report, fairly present in all material respects the financial
condition, results of operations, changes in net assets, and cash flows (if the
financial statements are required to include a statement of cash flows) of the
registrant as of, and for, the periods presented in this report;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">4.
The registrant's other certifying officer(s) and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c)
under the Investment Company Act of 1940) and internal control over financial
reporting (as defined in Rule 30a-3(d) under the Investment Company Act of
1940) for the registrant and have:</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(a) Designed such
disclosure controls and procedures, or caused such disclosure controls and
procedures to be designed under our supervision, to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this report is being prepared;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(b) Designed such internal control over financial reporting, or caused
such internal control over financial reporting to be designed under our
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(c) Evaluated the effectiveness of the registrant's disclosure controls
and procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report based on such evaluation; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(d) Disclosed in this report any change in the registrant&#8217;s internal
control over financial reporting that occurred during the second fiscal quarter
of the period covered by this report that has materially affected, or is reasonably
likely to materially affect, the registrant&#8217;s internal control over financial
reporting; and&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">5.
The registrant's other certifying officer(s) and I have disclosed to the
registrant's auditors and the audit committee of the registrant's board of
directors (or persons performing the equivalent functions):</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(a)
All significant deficiencies and material weaknesses in the design or operation
of internal control over financial reporting which are reasonably likely to
adversely affect the registrant's ability to record, process, summarize, and
report financial information; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(b)
Any fraud, whether or not material, that involves management or other employees
who have a significant role in the registrant's internal control over financial
reporting.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">10/26/2016</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:50%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">S\MARK H. OTANI</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:12.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Mark H. Otani</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Chief Financial Officer and Chief Accounting Officer </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>




</DIV>
</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906 CERT
<SEQUENCE>4
<FILENAME>tgif906certs.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>tgif906certs.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">
<a name="page_1"></a><a name="_bclPageBorder1"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Exhibit
12(b)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">AS ADOPTED
PURSUANT TO SECTION 906</font></b></p>

<h1 style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" style="font-size:12.0pt;">OF THE SARBANES-OXLEY ACT OF 2002</font></b></h1>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">I, Laura F. Fergerson, Chief Executive Officer of the </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Templeton
Global Income Fund</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;"> (the &#8220;Registrant&#8221;), certify, pursuant to 18 U.S.C.
Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002, that, to my knowledge:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-indent:-.5in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">The periodic report on Form N-CSR of the Registrant for the period ended
8/31/2016 (the &#8220;Form N-CSR&#8221;) fully complies with the requirements of Section
13(a) or 15(d) of the Securities Exchange Act of 1934; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-indent:-.5in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">The information contained in the Form N-CSR fairly presents, in all
material respects, the financial condition and results of operations of the
Registrant.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Dated:&#160; 10/26/2016</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; S\LAURA F.
FERGERSON</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Laura F.
Fergerson </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:2.0in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Chief Executive Officer - Finance
and Administration</font></p>




<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_2"></a><a name="_bclPageBorder2"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Exhibit
12(b)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">AS ADOPTED
PURSUANT TO SECTION 906</font></b></p>

<h1 style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" style="font-size:12.0pt;">OF THE SARBANES-OXLEY ACT OF 2002</font></b></h1>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">I, Mark H. Otani, Chief Financial Officer of the </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Templeton
Global Income Fund</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;"> (the &#8220;Registrant&#8221;), certify, pursuant to 18 U.S.C.
Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002, that, to my knowledge:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-indent:-.5in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">The periodic report on Form N-CSR of the Registrant for the period ended
8/31/2016 (the &#8220;Form N-CSR&#8221;) fully complies with the requirements of Section
13(a) or 15(d) of the Securities Exchange Act of 1934; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-indent:-.5in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">The information contained in the Form N-CSR fairly presents, in all
material respects, the financial condition and results of operations of the
Registrant.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Dated:&#160; 10/26/2016</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; S\MARK H.
OTANI</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Mark H.
Otani </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:2.0in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Chief Financial Officer and Chief
Accounting Officer</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:2.0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>




</DIV>
</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>tlgim_a1016x1x1.jpg
<TEXT>
begin 644 tlgim_a1016x1x1.jpg
M_]C_X  02D9)1@ ! 0'_____  #_[@ .061O8F4 9      !_]L 0P 0"PP.
M# H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=?
M8F=H9SY-<7EP9'A<96=C_]L 0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\  $0@
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MDTF=J*6..M8NEP&[NGN9^68[V';K@#Z9'Y*OK4OB6X,5I'&F"SMOP>X7D?\
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MB,G83G&TGH?S&/QI+FZ!CS#YFY3G:4<;AZ9Q63>W"SJ-Q;MF.>$$C\".?SH
MMQFY,DX=<MM4HXYR03U]^GM5#5(Q-IX:W4Q1NN'3'0!LD?0-_/TI5N5ME4Q.
M6A YCF8H_P!5) J43Q7 C>*8-@DCS& D7Z9QD>HYSZTP./EDAAC8I&Y;&%+#
MO75^';B"\TZ.U=L21#,3]R/\]JS=1TWSUD\E"I R\74K[KZC]16)IMU);2O&
M25P?F /W3ZBD!V&HO-;'$@*^DB_XUSM[J%Q(',DZX7@>M:0\0RI#Y5YG)&!,
MBY#?4>OT_*JL<+WLGVA6!M8PP9F&T9/ PHR:8$G@F$#4GDV;@(CB0C(7)'?L
M>HKHIYX[FX>23FVB4KZ[N@8C]!^=86EQ7%K;/$7=;:=BR0IU?Z'L.F3^76M3
MS(H=SO+'$-H'R,"^!V48.%_#ZT@)W:XV6^R(+)N+DGHG&,?KQ]*MV#K+/)L.
MX0C8S9SECR?RX_.L@WBW(),A2#!X1BTS>A.T'\J+*:.!CL8JN>%BA&X_@ 3G
MWS0!TU%8ER&OM/DCD>6(OC:A1S@>_'7OQT('6K6E!+.PCMWD9B@.6,;*!SGO
MVH T:*:K*ZAE(8'H0<TZ@ HHHH **** ,Y-<TQQE+M"-VW(!P#Z9Q3IM8T^"
M=X9;E4D0992#D#UZ=/>N?T)+V2"_CMX8)(&U1A*'/S;=R[L#&.GO2ZM<7-KX
MJNYK2W6>1=-)*EL8&X9/3GZ4 =5!-%<0K-!(LD;C*LIR#38KF&:66*.16>$A
M9%'\)(S6-X>DM=-\)1W$<QEB2-I6/0YZE<?7BL[2#<:9XEC%W#+"-3BRYD92
M#,.3C!/'.!G'6@#I?MME/=-8M+&TX&3"W4CZ'K4)ETH79M"D'GA2WE^5S@=^
ME9FN:6^HZJSVLIAO;>W22!P<<[FR#[&G>']2.J:E-)-"8KJ"!8ID(^ZP9LXH
M N)>:))#+,AMC'#_ *QO+X7MSQ2R76C16R7$@MUAD.%<Q<']*Y2TNGM9)C>1
MA](;4Y1-MZA_EV[AW7H<>WT!W_&;*V@*RD%3-&00>",T :KQV"6QN&@A$07<
M6,0X'Y55^VZ)]D^U9MOL^=OF>7\N?KBK]Q)'M>(NOF&-F"YY('!/ZBN:TD*?
MAT ^-IBD'/\ OM0!N3G2K>V%S-';+"P!$GE@@@].<4OV?3/LINOLUOY.SS-X
MB'W<9STKF;TS>'H;C2IPTNG7*M]ED//EMUV'_/\ 7'92QI-$\4BAD=2K*>X/
M44 9 O= .!BVY7>!Y'.WUQCI3S=:'&D+%;91<J&BS#C>#Z<?I59P!X\A & -
M.X _WS47B"/R-3T&.U6--LS!%;[HX% &DDVD/;R3JEN8H3AV\K[GUXJ>WCT^
MZMUGMXK>2)QD.J#!JA</+#H^K&\\@77E2.1'W7:0I/?MCGTK)LEFL+NZ\-#=
MLG</"X_AB;E^?H"![F@#=CNM'EM9+J/[.\$?WI!'D#]*+>ZT:ZE2*$VK/(,H
MNP#</;(YK(\/@#P7>C "@3_R-1Z/IUUJ%MH<S)'#;V0WA]V6D/H!C@<4 ;L$
MVDW%T]M"L#S)]Y!%ROUXHN9])M)UAN%@CD?[JF/EOIQS5'2_^1QUS_=A_P#0
M!4.NRF77?#\EH\;%C,49CE3\J^E &JFJ:9#;>9'-&L1E\KY$/W\9Q@#KB@:Y
MII( NE)+B/A3]XG&.G7FC3XB^\7J0&[28S$1]LY56_[Y&.:S?#<4<TFM)*@=
M?[1D.#Z@@C]10!KW.IV=K*8I9OWBC<R*I8J/4@ XI6U.R6R%X;F,VQZ2 Y'Z
M5C>#6+IJ9G_X^_MC>=GKT&/PZU0M04C\6)'@6H5]H'0/M;./T_2@#JI+^UBL
MQ=O,OV<@$2#D8/?BI8)H[B%)H6#QN,JP[BN-U+S?#5O>V+!I-+O(I!;MU,+E
M3\OT_P#U^M=J    , = * *>GZ59Z;YGV.-XQ(=S RNP)]<$GGWI!I-F-0-_
MLD^TGC?YS]/3&<8]NE7J* ,O_A'],$,D*V[)%(X=HTF=5+#H< X__4/2IKS2
M+*^,#7,<CM!_JSYS@J?7@]??K5ZB@"E_9UG!>OJ)#I-MP\C3-C:!W&<8_P#U
MTQ)-+\ZXNXY[</(JK-(LH'';)!X^M7R,C!Y%<MX=BC;P[J:M&I4SS9!''2@#
M4CTO1[:RGP%%K<C,ADG9D?/?).,^_6J[:?X>DM(K-IHVMP<I%]L;&3[;N?\
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MN@"C/I-G-=&YV/'.PPSPR-&6'H=I&:'T>P>P^PFWVVQ.2B,R[C[D')_&KU%
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MF$7"A94C9=K@#'<$CCC(Q110!<MX(K6WC@@0)'&H55'85+110 4444 %%%%
#'__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>tlgim_a1016x1x2.jpg
<TEXT>
begin 644 tlgim_a1016x1x2.jpg
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH S_P"PM'_Z
M!5C_ . Z?X45H44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %)2T4 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%)0 M%-+ =Z8TH% $M)4!N .]1FZ [U7*Q71;HJD
M;H>M*+G-'*Q<R+E%4_M!IRW-'*Q\R+=%0+-FI X-*P[CZ*3-%(!:*** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MU#O4BN;OK)HWW*.*ZYAD54N+8/VK6C5Y3&O14T8>C.RN5-=3"?EK.@L5C?<
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MM(>*9*)!3'IXH=<BD@(T;!J<529MK59BDW"JE'J*+Z$AIC2 =Z;-+M%9%SJ
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M2XB$,SQK(LH7^->AIF!ZTA'&/TH 0TE%/BBDF8+&C,QZ #- #*0U;N--N[8
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MXJL)S3_/HT 5TS5=XQFI6ES4);)JXI=3*:;V&&,4W8!3SFD/6NF/(<THR$!
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MN*:5F%(:,TF:105 WWR:F)J%AR::)8W%)C':GC^5(:8BM<R"-,GOVJL)E$?
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MSYV:3S*B"&I!&:12';LTH)I5C-2+'28QHIX%/$=/"5(QJBGA:<$IP6@!H6G
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !24M% "4444 (:::?24 1D4PK4V*
M3;3N(K,IJ%T-72E-,=4F)HSGC-0LA%:9B%1M#GM5*1+B9; BF,2.E:3V^:A:
MV-6I$-%'S2.U2I<XJ1[<^E1&VIZ"U)DNP.]68[Q<]:S6@(IGEL.E+E3'S-&\
MEXI[U*)XW&#BN<W2+2BYE'K4^S'[0WS%"W(Q4<ELA'"J:QOMT@]:>NH2>]'(
MPYT:T=FO<+5A+>)?X0:Q%U"2GC4),TG"0U)&Z HZ "ES6)_:#^])_:,E+V;*
MYT;F11D5A?VD]']HOW-'LV'.C=R/6DW#UK$&HDTHOB>]'LV'.C9+J.](95%9
M'VLGO1YY/>CD#G-0S@=Z8T]9WFGUI=Y(HY1<Q;::F-+4 #'M3@A-.P7'%_2D
MSFG"(T\1&@"(+FGA:E6,T\)2N%B)5J0+3PN*>!Q2N588%IP%.Q2XJ1B8I12X
MHQ0  4N**6D,2BEHH **** "BBB@ HHHH **** "BBB@ HI:* $Q12T4 )2T
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1244 +1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4E+1
M0 E%+10 E%%% "8HP*6B@!NT4FP4^B@"(QTTQ5/24[BL5S"/2F- /2K>*0BG
M<+%$VP]*8;4&M#%)M%/F%RF8UI[4PV?M6KL%)LI\XN4R#9^U'V0BM?RQZ4>4
M/2GSBY#)%K[4[[-[5J>4*/+%+G#E,S[-[4?90>U:GE"CRA1SCY3+-H#VIOV(
M=A6MY0I?*%'.'(8WV'GI3A9X[5K^4*-@HYV+D,L6I]*>+;VK2V#THV"ESCY2
M@+?VIXA]JN[11M'I1S#Y2J(L4X1U8VBEP*5QV(0E*$J7%&*5PL1A:4+3Z*+C
M$VT 4ZBD F**6B@!**6B@ HHHH **** "BEHH 2BBEH 2BEHH 2EHHH 2BEI
M* %HI*6@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ I*6
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH ***2@!:*2EH *2EHH 2BBB@ HHHH **** "DI:* $Q1BEHH
M;BC%+2T )BDQ3J* $Q12T4 )2T44 %%%+0 E%+10 E%+10 E%+10 E%%+0 E
M%+10 E%+10 E%+10 E%+10 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% "4M%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %)2T4 )2T44 %%%% "4M)2T )12TE !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 +1110 4444 %%%% "4M%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !24M% "44M% "8HI:* $HHI: $I
M:** $HI:* $I:** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
=HH **** "BBB@ HHHH **** "BBB@ HHHH __]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>tlgim_a1016x3x1.jpg
<TEXT>
begin 644 tlgim_a1016x3x1.jpg
M_]C_X  02D9)1@ ! 0'_____  #_[@ .061O8F4 9      !_]L 0P 0"PP.
M# H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=?
M8F=H9SY-<7EP9'A<96=C_]L 0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\  $0@
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M^$6T;_GS_P#(K_XUL44 8_\ PBVC?\^?_D5_\:/^$6T;_GS_ /(K_P"-;%%
M&/\ \(MHW_/G_P"17_QH_P"$6T;_ )\__(K_ .-;%% &/_PBVC?\^?\ Y%?_
M !H_X1;1O^?/_P BO_C6Q10!C_\ "+:-_P ^?_D5_P#&C_A%M&_Y\_\ R*_^
M-;%% &/_ ,(MHW_/G_Y%?_&C_A%M&_Y\_P#R*_\ C6Q10!C_ /"+:-_SY_\
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..BBB@ HHHH **** /_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>tlgim_a1016x4x1.jpg
<TEXT>
begin 644 tlgim_a1016x4x1.jpg
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M4'.3D>HQ6]8I/'9Q+=R>9.%^=ACD_D* +%%%% !1110 4444 %%%% !1110
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MCZTAVUL=)17/>&3&)IEA\AU\J-FDMP0N[G*L"3\_J>OJ*Z&J8@HHHI %%%%
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M=_\ ?"__ !5<7J/_ "%K_P#Z^YO_ $8U5Z .\_X373?^>%W_ -\+_P#%4?\
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MUTW_ )X7?_?"_P#Q5'_":Z;_ ,\+O_OA?_BJX.B@#O/^$UTW_GA=_P#?"_\
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M 4444 %%%% !1110 4444 9^B?\ 'C)_U]W/_H]ZT*Q]&OK1(9('NH%F^V7
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M[:C2/N\WS86E5P=G&&<G^ =S[8XK:TZT:QL8K9I3*8QC><\\^Y/ Z#DU:HH
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M9[6V>.0J2T\TGR^CR,P_1A5JBB@ HHHH **** "BBB@ HHHH **** "BBB@
FHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@#_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>tlgim_a1016x50x1.jpg
<TEXT>
begin 644 tlgim_a1016x50x1.jpg
M_]C_X  02D9)1@ ! 0'_____  #_[@ .061O8F4 9      !_]L 0P 0"PP.
M# H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=?
M8F=H9SY-<7EP9'A<96=C_]L 0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\  $0@
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JUZ'=W/H:ZJJDFFV<ET+EX%:7<'R2<;@, XZ9 [U;H **** "BBB@#__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>tlgim_a1016x6x1.jpg
<TEXT>
begin 644 tlgim_a1016x6x1.jpg
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MI6]RQQS]=U;%% &<-&M7.Z[,MZW_ $\ON7_OG[H_ 5?5510J*%4<  8 IU%
M!1110 4444 %%%% !1110!Y_;#@5HPBL^VZ"FW^LP6$;*C"2?H%';ZT /US4
M-C0Z=!)LEG95=P?N*3BM?6;/[(T;Q#$94#'H17G$DTDTQF=RSL<ECZUZEHM[
M#XAT)/-/[U1ME ZJP[_CUH R8G5US5M#F, &J5_97&FR$E28R>&'0U#!J"KP
MYQ]: )+NVE8\-@>E9TJ>6"<]*N2ZHA;[PQ63=78DDPG)/84 7=+@^U7Z*1E4
M^=OP_P#KUU5>97US>6-\3%<21-M4_(Q'49_K5BV\6ZK#@/*DP':1!_,8H ]#
M-.@_X^(_]X?SKD;3QK&V!=VK+ZM&<_H?\:W=.UW3;NZ@6*Y7>SJ K @Y)Z4
M=71110!1N=/-Y<$W4Q>U'W;91M4_[_\ >^G ]C5T * %  '  [4M% !1110
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MNQG=C/;&<YJQ-I44\J2/--E(6@X(&5;&3TZ\"JP\/0 2*;JY99%"NK;"K #
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110!RDCU4N;I+>,O(V!_.I)7VJ37-:E=DSMGYL?D* --=?"L0R%<_=S_6K
M(U:.2-I"X#*N<?C7'3S[CP /7WJHTKYP"?2@#8NM4DED4J<;:JR7MS)(6,K9
M]?2J/[SN"*D0\<\"@"U'?21_?=V;U+5IZ=X@EB8!SD?6L%\=>*8I.>E 'IEC
MJ<5W'\CC<.J]Q4LDO%>=6EW+;R*\;D$=*ZFPU87B;6P''6@#5,G-6+-\W4/^
M^O\ .LPR<U9L),WL ]9%_G0!U]%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110!Q%P2(R0<'L:YC44"S$\;
M0=OY<G^@KIY.17/:W&4@W8_C8_J/_KT 8LGS-5VQTJ6Y(;;@>IJ+3H!=72*<
MGN:[6TMUC0*!B@# GT.0Q H1N K+73KAV( Z>M>@"$$57DL5#!E ![T <+-8
M3Q@;EQFJ3*Z'G-=]=VRLARM<WJ%CRS** ,A6XYX-7K*5D?<G5:I,NW*D8-2V
M;D2CU':@#IXK@N@)ZD5>TV3.H6P_Z:K_ #%8ZN/+7%7M+?.IVG_79/\ T(4
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M2(U[LV.!_7Z TGA^PCTW1;6VCZA SGNS$9)K%UFWFNM-DO+T%;FZQ;6EN?\
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M=Z -<    8 [4M(S!5+,0 .23VI: "BBB@ HHHH Y&1.:1%Y%69EP:C5?F%
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MHZ=.W:HKK2+2:&18H((9'SF185).3SGU![U?HH S;71K6*.1)K>VD60@F-8
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MD2%_.#*ZDD^64"N#QP2!_*HO[(O$\X1BV"/=>:%WD$)LVX!VY4\=NW&:WZ*
M.9MM!OHK8QN;8MBW (=O^6;9/\/>H[W2[N&*XGG,&PPO'\C-QN<%3M"X4>OX
MDYKJJ* .9@M;F\D:>'R'D6;S'*W#&*7<FT@,%!!  ['K4SZ'<^7.D:VP618
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
? **** "BBB@ HHHH **** "BBB@ HHHH **** /_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
