C000023821 Fees and Costs — Templeton Global Dynamic Income Fund, Class R
Data updated: 2026-08-27
The net expense ratio is 1.46%: a 0.73% management fee, a 0.50% 12b-1 fee plus 0.27% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $137K in broker commissions, 0.0451% of average net assets, and portfolio turnover was 50%.
C000023821 Fees and Expenses
Annual operating expenses and sales charges of C000023821. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.73% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.27% |
| Gross expense ratio | 1.51% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.46% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000023821 Costs Over Time
On $10,000 invested in C000023821, assuming 5% a year before costs, total costs come to $932 over 5 years, cutting the return by 1.58% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.46%) | $153 | $476 | $821 |
| Trading costs (broker commissions) | $5 | $15 | $25 |
| Lost growth on money paid in costs | $0 | $24 | $86 |
| Total costs | $158 | $515 | $932 |
| Value after costs | $10,342 | $11,061 | $11,831 |
| Impact on return, per year | 1.58% | 1.58% | 1.58% |
C000023821 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0451%
- Total broker commissions: $137K
- Bought from dealers (principal trades, not a cost): $350.8M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $1.3M
- Net income from securities lending: $15K (0.005% of average net assets)
C000023821 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $32K | 26.03% |
| Citigroup Global Markets Inc. | $16K | 13.29% |
| RBC Capital Markets, LLC | $15K | 12.28% |
| Morgan Stanley & Co. LLC | $13K | 10.32% |
| Goldman Sachs & Co. LLC | $12K | 9.63% |
| Sanford C. Bernstein & Co., LLC | $9K | 7.21% |
| CLSA Americas, LLC | $7K | 5.77% |
| Liquidnet, Inc. | $7K | 5.41% |
| UBS Securities LLC | $6K | 5.23% |
| Jefferies LLC | $6K | 4.84% |
C000023821 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $215.6M | 64.19% |
| HSBC Securities (USA) Inc. | $25.7M | 7.66% |
| Goldman Sachs & Co. LLC | $20.5M | 6.11% |
| Citigroup Global Markets Inc. | $17.1M | 5.09% |
| BNP Paribas Securities Corp. | $16.9M | 5.03% |
| RBC Capital Markets, LLC | $15.8M | 4.70% |
| Barclays Capital, Inc. | $6.9M | 2.04% |
| Jefferies LLC | $6.7M | 2.00% |
| Morgan Stanley & Co. LLC | $6.6M | 1.96% |
| Wells Fargo Securities, LLC | $4.1M | 1.22% |
Templeton Global Dynamic Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FGGBX | Class R6 | 0.89% | none |
| TZINX | Advisor Class | 0.96% | none |
| TAGBX | Class A | 1.21% | 5.50% |
| TINCX | Class A1 | 1.21% | 3.75% |
| C000023821 | Class R | 1.46% | none |
| TCINX | Class C | 1.61% | none |
| FCGBX | Class C1 | 1.96% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.