TBOAX Fees and Costs — Templeton International Bond Fund, Class A
Data updated: 2025-08-26
The net expense ratio is 1.04% (2.34% before fee waivers). This share class carries a maximum front-end sales load of 3.75%. Portfolio turnover was 39%.
TBOAX Fees and Expenses
Annual operating expenses and sales charges of TBOAX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.34% |
| Gross expense ratio | 2.34% |
| Fee waiver | −1.30% |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | 3.75% |
| 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 |
TBOAX Costs Over Time
On $10,000 invested in TBOAX, assuming 5% a year before costs, total costs come to $1,104 over 5 years, cutting the return by 1.88% 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 |
| Sales charges | $375 | $375 | $375 |
| Fund expenses (net expense ratio 1.04%) | $105 | $328 | $568 |
| Lost growth on money paid in costs | $19 | $75 | $161 |
| Total costs | $499 | $778 | $1,104 |
| Value after costs | $10,001 | $10,798 | $11,659 |
| Impact on return, per year | 4.99% | 2.41% | 1.88% |
TBOAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $49.7M
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
TBOAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $30.0M | 66.96% |
| HSBC Securities (USA) Inc. | $3.7M | 8.30% |
| Morgan Stanley & Co. LLC | $2.8M | 6.31% |
| Citigroup Global Markets Inc. | $1.6M | 3.60% |
| UBS Securities LLC | $1.4M | 3.12% |
| CIMB Bank Berhad | $1.3M | 2.81% |
| Goldman Sachs & Co. LLC | $1.2M | 2.75% |
| SANTANDER INVESTMENT S.A. | $1.2M | 2.68% |
| Deutsche Bank Securities Inc. | $872K | 1.95% |
| Standard Chartered Bank | $692K | 1.54% |
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.