FXHRZX

About FXHRZX

Franklin Templeton Global Bond Fund is an open-end mutual fund specializing in global fixed income investments. Its primary objective is to seek current income, complemented by capital appreciation and growth of income, by investing at least 80% of its assets in bonds. The fund predominantly holds debt securities issued by governments, government-related entities, and agencies across the globe, including both developed and emerging markets. It is notable for its flexible mandate, allowing investments in bonds denominated in various currencies and the use of currency derivatives to manage risk and optimize returns. The portfolio may include investment grade as well as select high-yield (below investment grade) bonds, providing exposure to a range of credit qualities. Additionally, the fund maintains substantial geographic and sector diversification by investing in issuers from at least three different countries. The Franklin Templeton Global Bond Fund plays a significant role in the fixed income market by offering investors access to international bond markets, active currency management, and expertise in navigating global interest rate and political environments.