The investment seeks current income with capital appreciation and growth of income.
Principal Investment Strategies†
Under normal market conditions, the fund invests at least 80% of its net assets in "bonds." Bonds include debt obligations of any maturity, such as bonds, notes, bills and debentures. It invests predominantly in bonds issued by governments, government-related entities and government agencies located around the world. The fund may invest up to 25% of its total assets in bonds that are rated below investment grade or, if unrated determined by the investment manager to be of comparable quality. It is non-diversified.
Principal Investment Risks
There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Risk Glossary for additional information about the Fund’s risks.
Performance & Expenses
|Fund/Benchmark Name||Qtr||YTD||1-Yr||3-Yr||5-Yr||10-Yr||Since Inception|
|Templeton Global Bond Aa||0.03%||0.03%||-4.31%||-0.63%||1.93%||6.89%||7.49%|
|Citigroup World Govt Bond Indexa,b||7.09%||7.09%||5.92%||0.49%||1.16%||4.19%||N/A|
|Morningstar World Bonda,c||4.25%||4.25%||0.46%||0.11%||1.85%||4.30%||N/A|
Fund past performance, as shown, is no guarantee of how the fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.
Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.
|Total annual fund operating expensesa||0.91%|
|Fee waiver and/or expense reimbursement||0.02%|
A contractual expense waiver exists for this fund and will expire on 01-01-2017.
a. Returns and/or expenses provided by Morningstar, Inc. Copyright © 2016. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. ICMA-RC does not independently verify Morningstar data.
b. The CitiGroup World Govt Bond Index is a market capitalization weighted index consisting of the government bond markets of the following countries: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Italy, Japan, Netherlands, Spain, Sweden, Switzerland, United Kingdom, and United States. The index includes all fixed-rate bonds with a remaining maturity of one year or longer and with amounts outstanding of at least the equivalent of U.S. $25 million.
c. The Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal-weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.
|Record Date||Ex/Payable Date||Income/Capital Gains Paid Per Share|
|May 16, 2016||May 16, 2016||$0.020000000|
|Apr 15, 2016||Apr 15, 2016||$0.030000000|
|Mar 15, 2016||Mar 15, 2016||$0.030000000|
|Feb 16, 2016||Feb 16, 2016||$0.030000000|
|Jan 15, 2016||Jan 15, 2016||$0.030000000|
|Dec 15, 2015||Dec 15, 2015||$0.030000000|
|Nov 16, 2015||Nov 16, 2015||$0.030000000|
|Oct 15, 2015||Oct 15, 2015||$0.030000000|
|Sep 15, 2015||Sep 15, 2015||$0.030000000|
|Aug 17, 2015||Aug 17, 2015||$0.030000000|
|Jul 15, 2015||Jul 15, 2015||$0.030000000|
|Jun 15, 2015||Jun 15, 2015||$0.030000000|
|May 15, 2015||May 15, 2015||$0.030000000|
|Apr 15, 2015||Apr 15, 2015||$0.030000000|
|Mar 16, 2015||Mar 16, 2015||$0.030000000|
|Feb 17, 2015||Feb 17, 2015||$0.030000000|
|Jan 15, 2015||Jan 15, 2015||$0.030000000|
|Dec 15, 2014||Dec 15, 2014||$0.521500000|
For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.
|Fixed Income Stylebox|
|Type of Asset||Percent|
Due to rounding, percentages shown may not add up to 100%.
Due to rounding, percentages shown may not add up to 100%.
|Cash & Equivalents||36.9%|
Exposure reflects fixed income securities only and will sum to the fixed income exposure of the fund.
Due to rounding, percentages shown may not add up to 100%. Exposure reflects fixed income securities only.
|Mexico(Utd Mex St) 7.75%||5.3%|
|Foederative Republik Brasilien, Bras 10%||2.5%|
|United Mexican States 7.62435%||2.5%|
|Brazil Federative Rep||2.3%|
|Hungary Rep 6.375%||1.8%|
|Portugal(Rep Of) 3.875%||1.8%|
|Brazil Federative Rep||1.3%|
|Brazil Federative Rep 10%||1.3%|
|Malaysia (Govt Of) 4.012%||1.3%|
|Brazil(Fed Rep Of) 10%||1.3%|
Please read the fund's prospectus carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus before investing. You may contact us to obtain a prospectus or to answer questions by calling 800-669-7400, emailing email@example.com, or visiting www.icmarc.org.
The source for this information is Morningstar, Inc. Copyright © 2016 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.
Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.