TGBAX Fees and Costs — Templeton Global Bond Fund, Advisor Class
Data updated: 2026-08-27
The net expense ratio is 0.77% (0.80% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 23%.
TGBAX Fees and Expenses
Annual operating expenses and sales charges of TGBAX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.52% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.80% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.77% |
| 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 |
TGBAX Costs Over Time
On $10,000 invested in TGBAX, assuming 5% a year before costs, total costs come to $484 over 5 years, cutting the return by 0.81% 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 0.77%) | $81 | $253 | $440 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $81 | $265 | $484 |
| Value after costs | $10,419 | $11,311 | $12,279 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
TGBAX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $3.8B
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
TGBAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.9B | 53.15% |
| BNP Paribas Securities Corp. | $277.9M | 7.65% |
| DANSKE BANK A/S | $257.2M | 7.08% |
| Morgan Stanley & Co. LLC | $251.2M | 6.91% |
| HSBC Securities (USA) Inc. | $236.3M | 6.51% |
| SANTANDER INVESTMENT S.A. | $182.6M | 5.03% |
| Skandinaviska Enskilda Banken AB | $160.2M | 4.41% |
| Westpac Banking Corporation | $141.6M | 3.90% |
| Deutsche Bank Securities Inc. | $104.6M | 2.88% |
| Citigroup Global Markets Inc. | $90.1M | 2.48% |
Templeton Global Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FBNRX | Class R6 | 0.61% | none |
| TGBAX | Advisor Class | 0.77% | none |
| TPINX | Class A | 1.02% | 3.75% |
| FGBRX | Class R | 1.27% | none |
| TEGBX | Class C | 1.42% | 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.