Fund Facts  

Inception Date: Sep 18, 1986
CUSIP: 880208103
Ticker Symbol: TPINX
Morningstar Category:Nontraditional Bond
As of Nov 30, 2019
Fund Net Assets ($millions) $28,082
Socially Conscious:Yes

Documents for Fund or Underlying Fund(s)  



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 Fund’s prospectus or other disclosure documents for information about the Fund’s risks.


Performance & Expenses

Standard Performance As of Dec 31, 2019
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Templeton Global Bond Aa1.49%0.63%0.63%1.42%1.19%3.45%6.95%
FTSE World Govt Bond Indexa,b-0.35%5.90%5.90%4.12%2.03%1.85%N/A
Morningstar Nontraditional Bonda,c1.72%6.69%6.69%3.23%2.80%3.49%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, participants or plan sponsors in an ICMA-RC administered account can log in at, or institutions can go to

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.

Fund Expensesa,d
Gross Expenses1.02%
Net Expenses0.94%


a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2019 All rights reserved. This information: (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 information. Morningstar is a registered trademark of Morningstar, Inc.

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 Morningstar category represents the average return for a category of funds with similar investment objectives and strategies. The average is calculated and funds are assigned to a category by Morningstar.

d. Differences between the net and gross expense ratios of a fund are typically due to fee waivers, expense reimbursements, and/or expense limits.


Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Feb 18, 2020Feb 18, 2020$0.043000000
Jan 15, 2020Jan 15, 2020$0.047000000
Dec 16, 2019Dec 16, 2019$0.101500000
Nov 15, 2019Nov 15, 2019$0.043800000
Oct 15, 2019Oct 15, 2019$0.042100000
Sep 16, 2019Sep 16, 2019$0.037100000
Aug 15, 2019Aug 15, 2019$0.048300000
Jul 15, 2019Jul 15, 2019$0.056200000
Jun 17, 2019Jun 17, 2019$0.049900000
May 15, 2019May 15, 2019$0.054900000
Apr 15, 2019Apr 15, 2019$0.055200000
Mar 15, 2019Mar 15, 2019$0.053500000
Feb 15, 2019Feb 15, 2019$0.050900000
Jan 15, 2019Jan 15, 2019$0.062500000
Dec 17, 2018Dec 17, 2018$0.261500000
Nov 15, 2018Nov 15, 2018$0.055000000
Oct 15, 2018Oct 15, 2018$0.053100000
Sep 17, 2018Sep 17, 2018$0.043900000

Morningstar Information

Morningstar RatingTM   As of Dec 31, 2019
Period Stars Category Size
Overall 3 Stars283
3-Year 2 Stars283
5-Year 2 Stars236
10-Year 3 Stars78

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange–traded funds, closed–end funds, and separate accounts) with at least a three–year history. Exchange–traded funds and open–ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk–Adjusted Return measure that accounts for variation in a managed product′s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product 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 managed product is derived from a weighted average of the performance figures associated with its three–, five–, and 10–year (if applicable) Morningstar Rating metrics. The weights are: 100% three–year rating for 36–59 months of total returns, 60% five–year rating/40% three–year rating for 60–119 months of total returns, and 50% 10–year rating/30% five–year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Morningstar Stylebox As of Dec 31, 2019
Fixed Income Stylebox
Allocation of Assets As of Nov 30, 2019
Type of Asset Percent
Fixed Income78%

Due to rounding, percentages shown may not add up to 100%.



Allocation of Assets As of Nov 30, 2019
Asset ClassPercent
Domestic Stock-1.8%
Foreign Stock0.0%
Domestic Bond19.1%
Foreign Bond59.2%

Due to rounding, percentages shown may not add up to 100%.

Fixed Income Sector As of Nov 30, 2019
Cash & Equivalents23.5%

Exposure reflects fixed income securities only and will sum to the fixed income exposure of the fund.

Credit Quality As of Sep 30, 2019
Quality LevelPercent
Below B2.2%
Not Rated-1.7%

Due to rounding, percentages shown may not add up to 100%. Exposure reflects fixed income securities only.

Top Ten Holdings As of Nov 30, 2019
Holding NamePercent
Mexico (United Mexican States) 8%8.3%
United States Treasury Notes 1.5%5.7%
Mexico (United Mexican States) 6.5%5.1%
United States Treasury Notes 1.12%3.4%
United States Treasury Notes 1.12%3.3%
Brazil (Federative Republic) 9.46%3.2%
Brazil (Federative Republic) 9.46%3.1%
United States Treasury Notes 1.12%3.1%
Secretaria Tesouro Nacional 0%2.8%
India (Republic of) 8.83%2.3%


Duration and Maturity As of Sep 30, 2019
Average Effective Duration0.19 years
Average Effective Maturity0.93 years
Portfolio Statistics As of Dec 31, 2019
Standard Deviation6.296.68



Please read the fund's prospectus or disclosure materials 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 or disclosure materials before investing. To request a prospectus or disclosure materials, you may contact us by calling 800-669-7400, or log in at

The source for this information is Morningstar, Inc. Copyright © 2019 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.