NPORT-EX 2 TGIF.htm
Not
FDIC
Insured
May
Lose
Value
No
Bank
Guarantee
TLGIM-Q3PH
1
Schedule
of
Investments
(unaudited)
Templeton
Global
Income
Fund
2
Notes
to
Schedule
of
Investments
9
Templeton
Global
Income
Fund
Schedule
of
Investments
(unaudited),
September
30,
2022
Quarterly
Schedule
of
Investments
See
Notes
to
Schedule
of
Investments.
2
a
a
Industry
Principal
Amount
*
a
Value
a
a
a
a
a
a
Foreign
Government
and
Agency
Securities
65.0%
Brazil
10.7%
Brazil
Notas
do
Tesouro
Nacional
,
10%,
1/01/25
..................
50,000,000
BRL
$
8,979,616
10%,
1/01/27
..................
36,560,000
BRL
6,417,495
10%,
1/01/29
..................
9,230,000
BRL
1,583,558
10%,
1/01/31
..................
181,760,000
BRL
30,566,606
47,547,275
Colombia
6.4%
Colombia
Titulos
de
Tesoreria
,
B,
10%,
7/24/24
................
4,422,000,000
COP
933,521
B,
6.25%,
11/26/25
..............
36,550,000,000
COP
6,755,546
B,
7.5%,
8/26/26
...............
55,340,300,000
COP
10,277,715
B,
5.75%,
11/03/27
..............
11,877,000,000
COP
1,947,210
B,
6%,
4/28/28
.................
30,965,000,000
COP
5,016,754
B,
7.75%,
9/18/30
..............
16,815,700,000
COP
2,769,456
B,
7%,
6/30/32
.................
6,840,000,000
COP
1,020,535
28,720,737
Dominican
Republic
1.9%
a
Dominican
Republic
Government
Bond
,
Senior
Bond,
144A,
5.3%,
1/21/41
..
5,430,000
3,689,345
Senior
Bond,
144A,
6.4%,
6/05/49
..
1,220,000
882,388
Senior
Bond,
144A,
5.875%,
1/30/60
5,735,000
3,806,664
8,378,397
Ecuador
2.4%
a
Ecuador
Government
Bond
,
Senior
Bond,
144A,
1%,
7/31/35
....
21,006,000
6,965,639
Senior
Bond,
144A,
0.5%,
7/31/40
..
10,051,000
2,965,045
Senior
Note,
144A,
5%,
7/31/30
....
1,733,000
828,922
10,759,606
Egypt
2.5%
a
Egypt
Government
Bond
,
Senior
Bond,
144A,
7.625%,
5/29/32
1,030,000
624,025
Senior
Bond,
144A,
7.3%,
9/30/33
..
4,630,000
2,683,465
Senior
Bond,
144A,
8.5%,
1/31/47
..
5,360,000
2,996,224
Senior
Bond,
144A,
7.903%,
2/21/48
670,000
351,924
Senior
Bond,
144A,
8.7%,
3/01/49
..
510,000
284,303
Senior
Bond,
144A,
8.875%,
5/29/50
2,150,000
1,201,837
Senior
Bond,
144A,
8.75%,
9/30/51
.
4,310,000
2,386,792
Senior
Bond,
144A,
7.5%,
2/16/61
..
1,470,000
779,909
11,308,479
Ghana
0.8%
Ghana
Government
Bond
,
18.85%,
9/28/23
................
10,970,000
GHS
900,928
19.75%,
3/25/24
................
8,520,000
GHS
653,977
19.25%,
6/23/25
................
7,340,000
GHS
466,537
19.75%,
3/15/32
................
15,680,000
GHS
721,940
Senior
Note,
18.3%,
3/02/26
......
11,230,000
GHS
643,609
3,386,991
India
10.3%
India
Government
Bond
,
7.27%,
4/08/26
................
79,000,000
INR
972,792
Templeton
Global
Income
Fund
Schedule
of
Investments
(unaudited)
See
Notes
to
Schedule
of
Investments.
Quarterly
Schedule
of
Investments
3
a
a
Industry
Principal
Amount
*
a
Value
a
a
a
a
a
a
Foreign
Government
and
Agency
Securities
(continued)
India
(continued)
India
Government
Bond,
(continued)
8.33%,
7/09/26
................
624,000,000
INR
$
7,915,427
7.26%,
1/14/29
................
1,500,000,000
INR
18,402,320
Senior
Bond,
5.77%,
8/03/30
......
1,650,000,000
INR
18,461,659
45,752,198
Indonesia
8.5%
Indonesia
Government
Bond
,
9%,
3/15/29
...................
237,200,000,000
IDR
16,925,900
FR64,
6.125%,
5/15/28
..........
162,800,000,000
IDR
10,197,358
FR86,
5.5%,
4/15/26
............
169,102,000,000
IDR
10,680,384
37,803,642
Malaysia
3.7%
Malaysia
Government
Bond
,
3.882%,
3/14/25
................
9,350,000
MYR
2,021,354
3.955%,
9/15/25
................
20,960,000
MYR
4,529,440
3.899%,
11/16/27
...............
45,880,000
MYR
9,805,230
16,356,024
Mongolia
1.0%
a
Mongolia
Government
Bond
,
Senior
Bond,
144A,
4.45%,
7/07/31
.
3,790,000
2,653,384
Senior
Note,
144A,
5.125%,
4/07/26
.
600,000
500,922
Senior
Note,
144A,
3.5%,
7/07/27
..
1,690,000
1,259,034
4,413,340
Norway
4.4%
a
Norway
Government
Bond
,
Senior
Bond,
144A,
Reg
S,
2%,
5/24/23
......................
83,183,000
NOK
7,601,173
Senior
Bond,
144A,
Reg
S,
3%,
3/14/24
......................
85,878,000
NOK
7,887,294
Senior
Bond,
144A,
Reg
S,
1.75%,
3/13/25
......................
28,937,000
NOK
2,573,017
Senior
Bond,
144A,
Reg
S,
1.5%,
2/19/26
......................
17,165,000
NOK
1,493,134
19,554,618
Oman
0.9%
a
Oman
Government
Bond,
Senior
Bond,
144A,
4.75%,
6/15/26
............
4,190,000
3,914,989
South
Korea
4.7%
Korea
Treasury
Bonds
,
3%,
9/10/24
...................
4,610,000,000
KRW
3,137,134
1.875%,
12/10/24
...............
11,986,000,000
KRW
7,927,118
1.875%,
6/10/26
................
15,749,000,000
KRW
10,048,609
21,112,861
Supranational
0.1%
b
Inter-American
Development
Bank,
Senior
Bond,
7.5%,
12/05/24
......
8,330,000
MXN
384,446
Thailand
4.8%
Thailand
Government
Bond
,
0.75%,
9/17/24
................
433,040,000
THB
11,206,992
1%,
6/17/27
...................
224,500,000
THB
5,514,366
Templeton
Global
Income
Fund
Schedule
of
Investments
(unaudited)
Quarterly
Schedule
of
Investments
See
Notes
to
Schedule
of
Investments.
4
a
a
Industry
Principal
Amount
*
a
Value
a
a
a
a
a
a
Foreign
Government
and
Agency
Securities
(continued)
Thailand
(continued)
Thailand
Government
Bond,
(continued)
Senior
Note,
0.66%,
11/22/23
......
172,090,000
THB
$
4,501,263
21,222,621
United
Kingdom
1.9%
a
United
Kingdom
Gilt,
Reg
S,
0.125%,
1/31/23
......................
7,876,000
GBP
8,711,334
Total
Foreign
Government
and
Agency
Securities
(Cost
$353,706,673)
............
289,327,558
Short
Term
Investments
33.0%
a
a
Industry
Principal
Amount
*
a
Value
a
a
a
a
a
a
Foreign
Government
and
Agency
Securities
17.7%
Brazil
1.9%
c
Brazil
Letras
do
Tesouro
Nacional
,
1/01/25
......................
58,000,000
BRL
8,436,206
Japan
8.4%
c
Japan
Treasury
Bills
,
10/03/22
.....................
1,057,600,000
JPY
7,306,643
10/17/22
.....................
1,047,000,000
JPY
7,233,740
11/14/22
.....................
1,259,000,000
JPY
8,699,527
11/21/22
.....................
1,255,000,000
JPY
8,672,153
1/25/23
......................
822,000,000
JPY
5,681,779
37,593,842
Singapore
4.8%
c
Singapore
Treasury
Bills
,
12/09/22
.....................
15,200,000
SGD
10,522,946
1/10/23
......................
5,380,000
SGD
3,713,675
1/24/23
......................
10,010,000
SGD
6,901,236
21,137,857
United
Kingdom
2.6%
c
United
Kingdom
Treasury
Bills
,
10/24/22
.....................
4,602,000
GBP
5,130,071
10/31/22
.....................
591,000
GBP
658,515
11/28/22
.....................
1,155,000
GBP
1,284,255
12/05/22
.....................
1,419,000
GBP
1,576,627
1/03/23
......................
2,460,000
GBP
2,723,302
3/20/23
......................
349,000
GBP
383,051
11,755,821
Total
Foreign
Government
and
Agency
Securities
(Cost
$82,830,787)
..............
78,923,726
U.S.
Government
and
Agency
Securities
12.8%
United
States
12.8%
c
U.S.
Treasury
Bills
,
10/20/22
.....................
40,910,000
40,860,761
1/12/23
......................
16,000,000
15,855,525
56,716,286
Total
U.S.
Government
and
Agency
Securities
(Cost
$56,712,067)
.................
56,716,286
Templeton
Global
Income
Fund
Schedule
of
Investments
(unaudited)
See
Notes
to
Schedule
of
Investments.
Quarterly
Schedule
of
Investments
5
At
September
30,
2022,
the
Fund
had
the
following
forward
exchange
contracts
outstanding.
Short
Term
Investments
(continued)
a
a
Industry
Shares
a
Value
a
a
a
a
a
a
Money
Market
Funds
2.5%
United
States
2.5%
d,e
Institutional
Fiduciary
Trust
-
Money
Market
Portfolio,
2.42%
..........
11,104,243
$
11,104,243
Total
Money
Market
Funds
(Cost
$11,104,243)
..................................
11,104,243
a
a
a
a
a
Total
Short
Term
Investments
(Cost
$150,647,097
)
...............................
146,744,255
a
a
a
Total
Investments
(Cost
$504,353,770)
98.0%
...................................
$436,071,813
Other
Assets,
less
Liabilities
2.0%
.............................................
8,917,303
Net
Assets
100.0%
...........................................................
$444,989,116
a
a
a
*
The
principal
amount
is
stated
in
U.S.
dollars
unless
otherwise
indicated.
a
Security
was
purchased
pursuant
to
Rule
144A
or
Regulation
S
under
the
Securities
Act
of
1933.
144A
securities
may
be
sold
in
transactions
exempt
from
registration
only
to
qualified
institutional
buyers
or
in
a
public
offering
registered
under
the
Securities
Act
of
1933.
Regulation
S
securities
cannot
be
sold
in
the
United
States
without
either
an
effective
registration
statement
filed
pursuant
to
the
Securities
Act
of
1933,
or
pursuant
to
an
exemption
from
registration.
At
September
30,
2022,
the
aggregate
value
of
these
securities
was
$67,040,763,
representing
15.1%
of
net
assets.
b
A
supranational
organization
is
an
entity
formed
by
two
or
more
central
governments
through
international
treaties.
c
The
security
was
issued
on
a
discount
basis
with
no
stated
coupon
rate.
d
See
Note
3
regarding
investments
in
affiliated
management
investment
companies.
e
The
rate
shown
is
the
annualized
seven-day
effective
yield
at
period
end.
Forward
Exchange
Contracts
Currency
Counter-
party
a
Type
Quantity
Contract
Amount
*
Settlement
Date
Unrealized
Appreciation
Unrealized
Depreciation
a
a
a
a
a
a
a
a
OTC
Forward
Exchange
Contracts
Indian
Rupee
......
JPHQ
Buy
264,184,500
3,428,964
10/07/22
$
—
$
(189,496)
Indian
Rupee
......
JPHQ
Sell
264,184,500
3,303,339
10/07/22
63,871
—
Chilean
Peso
......
GSCO
Buy
948,990,000
1,143,720
10/11/22
—
(164,438)
Indian
Rupee
......
CITI
Buy
256,676,200
3,321,379
10/11/22
—
(175,541)
Indian
Rupee
......
CITI
Sell
256,676,200
3,207,250
10/11/22
61,411
—
Indian
Rupee
......
JPHQ
Buy
106,826,200
1,388,525
10/11/22
—
(79,257)
Indian
Rupee
......
JPHQ
Sell
106,826,200
1,335,369
10/11/22
26,101
—
Euro
.............
DBAB
Sell
2,406,531
25,262,800
SEK
10/12/22
—
(82,711)
Euro
.............
HSBK
Buy
80,000
80,721
10/12/22
—
(2,268)
Euro
.............
HSBK
Sell
7,082,350
7,662,308
10/12/22
716,950
—
Indian
Rupee
......
CITI
Buy
230,576,200
2,995,274
10/12/22
—
(169,669)
Indian
Rupee
......
CITI
Sell
230,576,200
2,880,762
10/12/22
55,157
—
Swedish
Krona
.....
DBAB
Sell
25,262,800
2,414,258
EUR
10/12/22
90,289
—
Euro
.............
BZWS
Sell
5,604,000
6,138,902
10/25/22
638,223
—
Euro
.............
DBAB
Sell
2,500,256
2,110,000
GBP
10/25/22
—
(97,125)
Euro
.............
DBAB
Sell
7,327,000
8,015,727
10/25/22
823,814
—
Chilean
Peso
......
GSCO
Buy
1,489,354,224
1,611,777
10/26/22
—
(78,478)
Chilean
Peso
......
JPHQ
Buy
2,292,596,735
2,766,164
10/26/22
—
(405,922)
Templeton
Global
Income
Fund
Schedule
of
Investments
(unaudited)
Quarterly
Schedule
of
Investments
See
Notes
to
Schedule
of
Investments.
6
Forward
Exchange
Contracts
(continued)
Currency
Counter-
party
a
Type
Quantity
Contract
Amount*
Settlement
Date
Unrealized
Appreciation
Unrealized
Depreciation
a
a
a
a
a
a
a
a
OTC
Forward
Exchange
Contracts
(continued)
Euro
.............
DBAB
Sell
14,237,185
14,649,066
10/26/22
$
673,382
$
—
Euro
.............
HSBK
Sell
25,991,374
35,626,636
CAD
11/03/22
262,893
—
Euro
.............
JPHQ
Sell
56,986
58,524
11/03/22
2,553
—
Indian
Rupee
......
SCNY
Buy
387,100,000
4,911,876
11/14/22
—
(185,756)
Indian
Rupee
......
SCNY
Sell
387,100,000
4,825,480
11/14/22
99,360
—
Chilean
Peso
......
JPHQ
Buy
1,630,680,000
1,739,021
11/22/22
—
(68,782)
Japanese
Yen
......
BOFA
Buy
1,126,346,080
8,423,294
11/22/22
—
(602,510)
Chilean
Peso
......
BAST
Buy
16,891,500,000
18,182,454
11/29/22
—
(905,811)
Chilean
Peso
......
GSCO
Buy
671,165,971
721,490
11/29/22
—
(35,021)
Chilean
Peso
......
GSCO
Buy
671,911,539
718,532
12/21/22
—
(34,640)
Chinese
Yuan
......
CITI
Buy
234,650,000
33,717,472
12/21/22
—
(795,092)
Japanese
Yen
......
DBAB
Buy
2,592,748,780
18,309,545
12/21/22
—
(232,610)
New
Zealand
Dollar
.
CITI
Buy
16,040,000
9,650,217
12/21/22
—
(669,245)
South
Korean
Won
..
MSCO
Buy
11,620,000,000
8,359,472
12/21/22
—
(275,810)
Indian
Rupee
......
HSBK
Buy
96,812,500
1,201,684
1/11/23
—
(26,366)
Indian
Rupee
......
HSBK
Sell
41,000,000
508,644
1/11/23
10,898
—
Euro
.............
DBAB
Sell
1,187,636
12,643,100
SEK
1/19/23
—
(26,817)
Swedish
Krona
.....
DBAB
Sell
12,643,100
1,203,681
EUR
1/19/23
42,682
—
Euro
.............
DBAB
Sell
7,363,000
8,114,051
1/25/23
830,726
—
South
Korean
Won
..
CITI
Buy
952,000,000
732,984
1/25/23
—
(69,200)
Euro
.............
JPHQ
Sell
782,906
1,043,246
CAD
1/26/23
—
(18,498)
Euro
.............
UBSW
Sell
513,000
526,830
1/30/23
19,213
—
Euro
.............
HSBK
Sell
13,836,098
18,320,446
CAD
2/03/23
—
(417,401)
Euro
.............
MSCO
Sell
1,215,000
1,255,170
2/06/23
52,358
—
Euro
.............
DBAB
Sell
19,148,030
193,330,000
NOK
3/15/23
—
(1,161,854)
Japanese
Yen
......
BNDP
Buy
560,110,460
3,997,645
3/15/23
—
(47,153)
Japanese
Yen
......
BOFA
Buy
1,991,921,070
14,222,166
3/15/23
—
(173,030)
Japanese
Yen
......
JPHQ
Buy
588,073,610
4,197,348
3/15/23
—
(49,630)
New
Zealand
Dollar
.
JPHQ
Buy
2,720,000
1,636,420
3/15/23
—
(112,227)
South
Korean
Won
..
BNDP
Buy
92,494,400,000
66,778,139
3/15/23
—
(2,116,876)
Euro
.............
BZWS
Sell
2,630,000
2,921,128
4/25/23
304,462
—
Chilean
Peso
......
GSCO
Buy
2,262,230,732
2,265,412
7/26/23
—
(51,396)
Total
Forward
Exchange
Contracts
...................................................
$4,774,343
$(9,520,630)
Net
unrealized
appreciation
(depreciation)
............................................
$(4,746,287)
*
In
U.S.
dollars
unless
otherwise
indicated.
a
May
be
comprised
of
multiple
contracts
with
the
same
counterparty,
currency
and
settlement
date.
Templeton
Global
Income
Fund
Schedule
of
Investments
(unaudited)
See
Notes
to
Schedule
of
Investments.
Quarterly
Schedule
of
Investments
7
At
September
30,
2022,
the
Fund
had
the
following
interest
rate
swap
contracts
outstanding.
Interest
Rate
Swap
Contracts
Description
Payment
Frequency
Counter-
party
Maturity
Date
Notional
Amount
*
Value
Unamortized
Upfront
Payments
(Receipts)
Unrealized
Appreciation
(Depreciation)
aa
aa
aa
aa
Centrally
Cleared
Swap
Contracts
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
1.762%
...
Annual
3/15/27
8,400,000
$
694,174
$
—
$
694,174
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
1.811%
...
Annual
3/15/32
4,300,000
590,011
—
590,011
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.176%
...
Annual
3/28/32
1,840,000
197,626
—
197,626
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.257%
...
Annual
3/30/32
1,840,000
184,863
—
184,863
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.253%
...
Annual
3/31/32
1,850,000
191,803
—
191,803
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.418%
...
Annual
4/11/32
2,560,000
224,943
—
224,943
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.463%
...
Annual
4/18/32
940,000
79,470
—
79,470
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.541%
...
Annual
4/19/32
520,000
40,557
—
40,557
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.549%
...
Annual
4/19/32
1,250,000
96,646
—
96,646
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.67%
....
Annual
4/21/32
1,240,000
83,367
—
83,367
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.645%
...
Annual
5/16/32
350,000
24,952
—
24,952
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.741%
...
Annual
5/19/32
1,175,000
74,324
—
74,324
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.662%
...
Annual
6/02/32
1,536,000
113,630
—
113,630
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.989%
...
Annual
6/30/32
1,190,000
57,828
—
57,828
Receive
Floating
1-day
SOFR
............
Annual
Pay
Fixed
2.612%
...
Annual
7/07/32
1,197,000
92,167
—
92,167
Total
Interest
Rate
Swap
Contracts
...............................
$2,746,361
$
—
$2,746,361
Templeton
Global
Income
Fund
Schedule
of
Investments
(unaudited)
Quarterly
Schedule
of
Investments
See
Notes
to
Schedule
of
Investments.
8
See
A
bbreviations
on
page
1
1
.
*
In
U.S.
dollars
unless
otherwise
indicated.
Templeton
Global
Income
Fund
9
Quarterly
Schedule
of
Investments
Notes
to
Schedule
of
Investments
(unaudited)
1.
Organization
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). 
2. Financial
Instrument
Valuation
The
Fund'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
each
business
day
as
of
4
p.m.
Eastern
time
or
the
regularly
scheduled
close
of
the
New
York
Stock
Exchange
(NYSE),
whichever
is
earlier.
Under
compliance
policies
and
procedures
approved
by
the
Fund’s
Board
of
Trustees
(the
Board),
the
Board
has
designated
the
Fund’s
investment
manager
as
the
valuation
designee
and
has
responsibility
for
oversight
of
valuation.
The
investment
manager
is
assisted
by
the
Fund’s
administrator
in
performing
this
responsibility,
including
leading
the
cross-functional
Valuation
Committee
(VC).
The
Fund
may
utilize
independent
pricing
services,
quotations
from
securities
and
financial
instrument
dealers,
and
other
market
sources
to
determine
fair
value. 
Debt
securities
generally
trade
in
the
over-the-counter
(OTC)
market
rather
than
on
a
securities
exchange.
The Fund'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
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. 
Investments
in
open-end
mutual
funds
are
valued
at
the
closing
NAV.
Certain
derivative
financial
instruments
are
centrally
cleared
or
trade
in
the
OTC
market.
The Fund’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’s
net
benefit
or
obligation
under
the
derivative
contract,
as
measured
by
the
fair
value
of
the
contract,
is
included
in
net
assets. 
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
Fund
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. 
3.
Investments
in
Affiliated
Management
Investment
Companies 
The
Fund
invests
in
one
or
more
affiliated
management
investment
companies.
As
defined
in
the
1940
Act,
an
investment
is
deemed
to
be
a
“Controlled
Affiliate”
of
a
fund
when
a
fund
owns,
either
directly
or
indirectly,
25%
or
more
of
the
affiliated
fund’s
outstanding
shares
or
has
the
power
to
exercise
control
over
management
or
policies
of
such
fund.
The
Fund
does
not
invest for
purposes
of
exercising
a
controlling
influence
over
the
management
or
policies.
During
the
period
ended
September
30,
2022,
the
Fund
held
investments
in
affiliated
management
investment
companies
as
follows: 
Templeton
Global
Income
Fund
Notes
to
Schedule
of
Investments
(unaudited)
10
Quarterly
Schedule
of
Investments
4. Fair
Value
Measurements 
The
Fund
follows
a
fair
value
hierarchy
that
distinguishes
between
market
data
obtained
from
independent
sources
(observable
inputs)
and
the
Fund's
own
market
assumptions
(unobservable
inputs).
These
inputs
are
used
in
determining
the
value
of
the
Fund's
financial
instruments
and
are
summarized
in
the
following
fair
value
hierarchy:
•
Level
1
–
quoted
prices
in
active
markets
for
identical
financial
instruments
•
Level 2
–
other
significant
observable
inputs
(including
quoted
prices
for
similar
financial
instruments,
interest
rates,
prepayment
speed,
credit
risk,
etc.)
•
Level 3
–
significant
unobservable
inputs
(including
the
Fund's own
assumptions
in
determining
the
fair
value
of
financial
instruments)
The
input
levels
are
not
necessarily
an
indication
of
the
risk
or
liquidity
associated
with
financial
instruments
at
that
level.
A
summary
of
inputs
used
as
of
September
30,
2022,
in
valuing
the
Fund's
assets
and
liabilities
carried
at
fair
value,
is
as
follows:
    aa
Value
at
Beginning
of
Period
Purchases
Sales
Realized
Gain
(Loss)
Net
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
End
of
Period
Number
of
Shares
Held
at
End
of
Period
Investment
Income
a      
a  
a  
a  
a  
a  
a  
a  
Templeton
Global
Income
Fund
Non-Controlled
Affiliates
Dividends
Institutional
Fiduciary
Trust
-
Money
Market
Portfolio,
2.42%
.
$
27,885,778
$
360,681,397
$
(377,462,932)
$
—
$
—
$
11,104,243
11,104,243
$
73,972
Total
Affiliated
Securities
...
$27,885,778
$360,681,397
$(377,462,932)
$—
$—
$11,104,243
$73,972
Level
1
Level
2
Level
3
Total
Templeton
Global
Income
Fund
Assets:
Investments
in
Securities:
Foreign
Government
and
Agency
Securities
....
$
—
$
289,327,558
$
—
$
289,327,558
Short
Term
Investments
...................
11,104,243
135,640,012
—
146,744,255
Total
Investments
in
Securities
...........
$11,104,243
$424,967,570
$—
$436,071,813
Other
Financial
Instruments:
Forward
exchange
contracts
...............
$
—
$
4,774,343
$
—
$
4,774,343
Swap
contracts
.........................
—
2,746,361
—
2,746,361
Total
Other
Financial
Instruments
.........
$—
$7,520,704
$—
$7,520,704
Liabilities:
Other
Financial
Instruments:
Forward
exchange
contracts
................
$
—
$
9,520,630
$
—
$
9,520,630
3.
Investments
in
Affiliated
Management
Investment
Companies 
(continued)
Templeton
Global
Income
Fund
Notes
to
Schedule
of
Investments
(unaudited)
11
Quarterly
Schedule
of
Investments
Abbreviations
Counterparty
BAST
Banco
Santander
SA
BNDP
BNP
Paribas
SA
BOFA
Bank
of
America
Corp.
BZ
WS
Barclays
Bank
plc
CITI
Citibank
NA
DBAB
Deutsche
Bank
AG
GSCO
Goldman
Sachs
Group,
Inc.
HSBK
HSBC
Bank
plc
JPHQ
JPMorgan
Chase
Bank
NA
MSCO
Morgan
Stanley
SCNY
Standard
Chartered
Bank
UBSW
UBS
AG
Selected
Portfolio
SOFR
Secured
Overnight
Financing
Rate
Currency
BRL
Brazilian
Real
CAD
Canadian
Dollar
COP
Colombian
Peso
EUR
Euro
GBP
British
Pound
GHS
Ghanaian
Cedi
IDR
Indonesian
Rupiah
INR
Indian
Rupee
JPY
Japanese
Yen
KRW
South
Korean
Won
MXN
Mexican
Peso
NOK
Norwegian
Krone
SEK
Swedish
Krona
SGD
Singapore
Dollar
THB
Thai
Baht
For
additional
information
on
the
Fund's
significant
accounting
policies,
please
refer
to
the Fund's
most
recent
semiannual
or
annual
shareholder
report.