Templeton Global Investment Trust NPORT-P Templeton Global Balanced Fund (Sep 2021 report)

Not

FDIC

Insured

May

Lose

Value

No

Bank

Guarantee

325-Q3PH

See

Notes

to

Statement

of

Investments.

1

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

2

Notes

to

Statement

of

Investments

15

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited),

September

30,

2021

Templeton

Global

Balanced

Fund

Quarterly

Statement

of

Investments

See

Notes

to

Statement

of

Investments.

2

.

a

a

Industry

Shares

a

Value

a

Common

Stocks

60.5%

Belgium

0.2%

a

Galapagos

NV

..................

Biotechnology

26,604

$

1,395,748

a

China

3.2%

a

Alibaba

Group

Holding

Ltd.

.........

Internet

&

Direct

Marketing

Retail

521,700

9,658,661

a,b

Kuaishou

Technology,

144A,

Reg

S

...

Interactive

Media

&

Services

58,700

626,483

a

New

Oriental

Education

&

Technology

Group,

Inc.

....................

Diversified

Consumer

Services

1,064,000

2,094,697

NXP

Semiconductors

NV

..........

Semiconductors

&

Semiconductor

Equipment

19,590

3,837,093

a,b

Xiabuxiabu

Catering

Management

China

Holdings

Co.

Ltd.,

144A,

Reg

S

....

Hotels,

Restaurants

&

Leisure

4,114,500

4,039,215

20,256,149

France

0.6%

Dassault

Aviation

SA

..............

Aerospace

&

Defense

34,540

3,882,443

Germany

2.6%

a

Continental

AG

..................

Auto

Components

32,227

3,498,368

Deutsche

Boerse

AG

..............

Capital

Markets

26,211

4,252,987

E.ON

SE

.......................

Multi-Utilities

353,866

4,318,997

Siemens

AG

....................

Industrial

Conglomerates

27,545

4,504,819

a

Vitesco

Technologies

Group

AG

.....

Auto

Components

245

14,473

16,589,644

Hong

Kong

1.6%

AIA

Group

Ltd.

..................

Insurance

870,400

10,013,372

India

1.5%

Housing

Development

Finance

Corp.

Ltd.

.........................

Thrifts

&

Mortgage

Finance

248,705

9,198,740

Ireland

0.7%

a

Ryanair

Holdings

plc,

ADR

.........

Airlines

39,400

4,336,364

a

Japan

4.1%

Hitachi

Ltd.

.....................

Industrial

Conglomerates

149,300

8,832,694

Honda

Motor

Co.

Ltd.

.............

Automobiles

223,400

6,868,168

Seria

Co.

Ltd.

...................

Multiline

Retail

159,500

5,574,946

Toyota

Industries

Corp.

............

Auto

Components

57,600

4,739,321

26,015,129

Luxembourg

0.6%

ArcelorMittal

SA

.................

Metals

&

Mining

117,672

3,602,094

Netherlands

1.5%

NN

Group

NV

...................

Insurance

93,011

4,871,916

SBM

Offshore

NV

................

Energy

Equipment

&

Services

263,332

4,694,525

9,566,441

Singapore

0.5%

a

Wheels

Up

Experience,

Inc.

........

Airlines

439,500

2,896,305

a

South

Africa

0.0%

a,c,d

K2016470219

South

Africa

Ltd.,

A

....

Multiline

Retail

32,900,733

—

a,c,d

K2016470219

South

Africa

Ltd.,

B

....

Multiline

Retail

4,646,498

—

—

South

Korea

1.5%

Samsung

Electronics

Co.

Ltd.

.......

Technology

Hardware,

Storage

&

Peripherals

155,540

9,640,401

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

See

Notes

to

Statement

of

Investments.

Quarterly

Statement

of

Investments

3

a

a

Industry

Shares

a

Value

a

Common

Stocks

(continued)

Spain

0.6%

a

Amadeus

IT

Group

SA

............

IT

Services

61,448

$

4,041,373

a

Switzerland

0.7%

Adecco

Group

AG

................

Professional

Services

81,279

4,073,199

Taiwan

1.9%

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

......................

Semiconductors

&

Semiconductor

Equipment

584,300

12,094,311

United

Kingdom

9.9%

a

Allfunds

Group

plc

................

Capital

Markets

182,800

3,552,951

AstraZeneca

plc

.................

Pharmaceuticals

44,865

5,406,426

a

Compass

Group

plc

..............

Hotels,

Restaurants

&

Leisure

213,791

4,371,790

Diageo

plc

.....................

Beverages

262,604

12,712,559

Imperial

Brands

plc

...............

Tobacco

185,176

3,872,830

a

Informa

plc

.....................

Media

597,985

4,397,070

a,b

Just

Eat

Takeaway.com

NV,

144A,

Reg

S

...........................

Internet

&

Direct

Marketing

Retail

176,516

12,896,412

Persimmon

plc

..................

Household

Durables

106,242

3,799,317

e

Prudential

plc,

(HKD

Traded)

........

Insurance

35,700

686,179

Prudential

plc,

(GBP

Traded)

........

Insurance

330,400

6,410,839

Travis

Perkins

plc

................

Trading

Companies

&

Distributors

218,729

4,496,700

62,603,073

United

States

28.8%

a

Alphabet,

Inc.,

A

.................

Interactive

Media

&

Services

1,813

4,847,092

a

Amazon.com,

Inc.

................

Internet

&

Direct

Marketing

Retail

3,623

11,901,700

American

Express

Co.

............

Consumer

Finance

30,100

5,042,653

a

Array

Technologies,

Inc.

...........

Electrical

Equipment

307,100

5,687,492

a

Berkshire

Hathaway,

Inc.,

B

.........

Diversified

Financial

Services

43,500

11,872,890

a

Booking

Holdings,

Inc.

............

Hotels,

Restaurants

&

Leisure

4,730

11,228,405

Comcast

Corp.,

A

................

Media

200,124

11,192,935

a

DXC

Technology

Co.

..............

IT

Services

243,100

8,170,591

a

F5

Networks,

Inc.

................

Communications

Equipment

52,400

10,416,072

a

Facebook,

Inc.,

A

................

Interactive

Media

&

Services

35,222

11,953,995

Freeport-McMoRan,

Inc.

...........

Metals

&

Mining

52,100

1,694,813

General

Dynamics

Corp.

...........

Aerospace

&

Defense

24,400

4,783,132

HCA

Healthcare,

Inc.

..............

Health

Care

Providers

&

Services

16,500

4,004,880

a,f

Jackson

Financial,

Inc.,

A

..........

Diversified

Financial

Services

8,260

214,760

Keurig

Dr

Pepper,

Inc.

.............

Beverages

118,100

4,034,296

a

LivaNova

plc

....................

Health

Care

Equipment

&

Supplies

28,800

2,280,672

Marathon

Petroleum

Corp.

.........

Oil,

Gas

&

Consumable

Fuels

81,600

5,043,696

Medtronic

plc

...................

Health

Care

Equipment

&

Supplies

35,500

4,449,925

Micron

Technology,

Inc.

............

Semiconductors

&

Semiconductor

Equipment

27,800

1,973,244

a

Sabre

Corp.

....................

IT

Services

188,700

2,234,208

a

Southwest

Airlines

Co.

............

Airlines

75,000

3,857,250

a

T-Mobile

US,

Inc.

................

Wireless

Telecommunication

Services

62,700

8,010,552

UnitedHealth

Group,

Inc.

...........

Health

Care

Providers

&

Services

38,510

15,047,397

a

Walt

Disney

Co.

(The)

.............

Entertainment

54,900

9,287,433

Westinghouse

Air

Brake

Technologies

Corp.

........................

Machinery

69,200

5,965,732

a

Zendesk

,

Inc.

...................

Software

72,918

8,486,926

Zimmer

Biomet

Holdings,

Inc.

.......

Health

Care

Equipment

&

Supplies

57,100

8,357,156

182,039,897

Total

Common

Stocks

(Cost

$312,697,777)

.....................................

382,244,683

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

Quarterly

Statement

of

Investments

See

Notes

to

Statement

of

Investments.

4

a

a

Industry

Principal

Amount

*

a

Value

a

a

a

a

a

a

Corporate

Bonds

0.0%

South

Africa

0.0%

b,c,g

K2016470219

South

Africa

Ltd.

,

Senior

Secured

Note,

144A,

PIK,

3%,

12/31/22

.....................

Multiline

Retail

2,767,566

$

—

Senior

Secured

Note,

144A,

PIK,

8%,

12/31/22

.....................

Multiline

Retail

2,708,327

EUR

—

b,c,g

K2016470260

South

Africa

Ltd.,

Senior

Secured

Note,

144A,

PIK,

25%,

12/31/22

.....................

Multiline

Retail

1,408,368

—

—

Total

Corporate

Bonds

(Cost

$4,389,520)

.......................................

—

a

a

Industry

Principal

Amount

*

a

Value

Foreign

Government

and

Agency

Securities

25.1%

Argentina

1.8%

h

Argentina

BONCER

,

Index

Linked,

1.2%,

3/18/22

.......

775,934,430

ARS

3,969,196

Index

Linked,

1.3%,

9/20/22

.......

5,647,701

ARS

28,604

Index

Linked,

1.4%,

3/25/23

.......

515,934,767

ARS

2,489,039

Index

Linked,

1.45%,

8/13/23

......

28,621,229

ARS

137,144

Index

Linked,

1.5%,

3/25/24

.......

444,322,822

ARS

1,973,897

i

Argentina

Bonos

del

Tesoro

Nacional

en

Pesos

Badlar

,

FRN,

36.145%,

(ARS

BADLAR

+

2%),

4/03/22

.........

37,519,000

ARS

200,507

Argentina

Government

Bond

,

18.2%,

10/03/21

................

193,279,000

ARS

998,062

16%,

10/17/23

.................

308,428,000

ARS

938,583

15.5%,

10/17/26

................

243,952,000

ARS

481,390

11,216,422

Brazil

0.9%

Brazil

Notas

do

Tesouro

Nacional

,

10%,

1/01/25

..................

6,510,000

BRL

1,188,341

10%,

1/01/27

..................

19,590,000

BRL

3,517,121

10%,

1/01/29

..................

2,780,000

BRL

490,163

10%,

1/01/31

..................

4,450,000

BRL

767,760

5,963,385

Colombia

1.5%

Colombia

Government

Bond

,

Senior

Bond,

4.375%,

3/21/23

.....

52,000,000

COP

13,704

Senior

Bond,

9.85%,

6/28/27

......

83,000,000

COP

25,557

Colombia

Titulos

de

Tesoreria

,

B,

7%,

5/04/22

.................

1,382,200,000

COP

372,162

B,

10%,

7/24/24

................

1,738,000,000

COP

509,625

B,

6.25%,

11/26/25

..............

3,538,000,000

COP

931,038

B,

7.5%,

8/26/26

...............

26,717,000,000

COP

7,273,012

B,

5.75%,

11/03/27

..............

2,434,000,000

COP

601,529

9,726,627

Ecuador

1.0%

b

Ecuador

Government

Bond

,

Senior

Note,

144A,

0.5%,

7/31/30

..

2,460,000

2,066,425

Senior

Bond,

144A,

0.5%,

7/31/35

..

6,275,000

4,165,094

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

See

Notes

to

Statement

of

Investments.

Quarterly

Statement

of

Investments

5

a

a

Industry

Principal

Amount

*

a

Value

a

a

a

a

a

a

Foreign

Government

and

Agency

Securities

(continued)

Ecuador

(continued)

b

Ecuador

Government

Bond,

(continued)

Senior

Bond,

144A,

0.5%,

7/31/40

..

599,000

$

348,549

6,580,068

El

Salvador

0.0%

†

b

El

Salvador

Government

Bond,

Senior

Bond,

144A,

7.65%,

6/15/35

.......

100,000

72,500

Ghana

1.8%

Ghana

Government

Bond

,

18.75%,

1/24/22

................

5,185,000

GHS

873,316

18.25%,

7/25/22

................

8,040,000

GHS

1,366,875

Senior

Note,

18.5%,

1/02/23

......

390,000

GHS

66,543

20.75%,

1/16/23

................

640,000

GHS

111,852

Senior

Note,

17.6%,

2/20/23

......

50,000

GHS

8,439

Senior

Note,

17.25%,

7/31/23

......

1,420,000

GHS

236,203

18.85%,

9/28/23

................

1,750,000

GHS

297,960

19.25%,

12/18/23

...............

580,000

GHS

99,142

19.75%,

3/25/24

................

6,470,000

GHS

1,117,826

Senior

Note,

18.3%,

3/02/26

......

105,000

GHS

17,078

19%,

11/02/26

.................

25,220,000

GHS

4,149,475

19.75%,

3/15/32

................

18,450,000

GHS

3,113,108

11,457,817

India

2.8%

India

Government

Bond

,

7.16%,

5/20/23

................

83,000,000

INR

1,167,170

Senior

Note,

5.22%,

6/15/25

......

93,000,000

INR

1,250,240

8.2%,

9/24/25

.................

289,100,000

INR

4,270,243

Senior

Note,

5.15%,

11/09/25

......

115,000,000

INR

1,538,088

7.59%,

1/11/26

.................

369,200,000

INR

5,345,610

7.27%,

4/08/26

................

280,500,000

INR

4,018,596

17,589,947

Indonesia

4.3%

Indonesia

Government

Bond

,

FR35,

Senior

Bond,

12.9%,

6/15/22

.

10,168,000,000

IDR

755,252

FR43,

10.25%,

7/15/22

..........

154,000,000

IDR

11,339

FR63,

5.625%,

5/15/23

..........

2,150,000,000

IDR

154,312

FR46,

9.5%,

7/15/23

............

73,000,000,000

IDR

5,576,131

FR39,

11.75%,

8/15/23

..........

1,616,000,000

IDR

128,277

FR70,

8.375%,

3/15/24

..........

84,648,000,000

IDR

6,459,862

FR81,

6.5%,

6/15/25

............

50,707,000,000

IDR

3,725,304

FR86,

5.5%,

4/15/26

............

142,120,000,000

IDR

10,048,443

26,858,920

Mexico

1.4%

Mexican

Bonos

Desarr

Fixed

Rate

,

M,

6.5%,

6/09/22

...............

142,830,000

MXN

6,959,637

M,

Senior

Bond,

8%,

12/07/23

.....

32,730,000

MXN

1,641,243

M

20,

10%,

12/05/24

............

8,530,000

MXN

453,198

9,054,078

South

Korea

8.2%

Korea

Monetary

Stabilization

Bond,

Senior

Note

,

0.905%,

4/02/23

......

15,660,000,000

KRW

13,132,329

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

Quarterly

Statement

of

Investments

See

Notes

to

Statement

of

Investments.

6

a

a

Industry

Principal

Amount

*

a

Value

a

a

a

a

a

a

Foreign

Government

and

Agency

Securities

(continued)

South

Korea

(continued)

Korea

Treasury

Bond

,

2%,

12/10/21

..................

380,000,000

KRW

$

321,635

2.25%,

9/10/23

................

876,000,000

KRW

751,065

3.375%,

9/10/23

................

12,173,000,000

KRW

10,657,579

0.875%,

12/10/23

...............

12,469,000,000

KRW

10,380,972

1.875%,

3/10/24

................

2,205,000,000

KRW

1,875,771

Senior

Note

,

1.125%,

6/10/24

......

12,125,400,000

KRW

10,109,964

1.375%,

9/10/24

................

4,655,400,000

KRW

3,899,962

3%,

9/10/24

...................

745,000,000

KRW

653,349

51,782,626

Sri

Lanka

0.3%

b

Sri

Lanka

Government

Bond

,

Senior

Note,

144A,

5.75%,

4/18/23

..

200,000

132,808

Senior

Note,

144A,

6.35%,

6/28/24

..

400,000

256,672

Senior

Bond,

144A,

6.85%,

11/03/25

600,000

378,564

Senior

Bond,

144A,

6.2%,

5/11/27

..

1,600,000

984,928

Senior

Bond,

144A,

6.75%,

4/18/28

.

200,000

122,588

Senior

Bond,

144A,

7.85%,

3/14/29

.

200,000

123,116

1,998,676

Supranational

0.5%

j

Inter-American

Development

Bank,

Senior

Bond,

7.5%,

12/05/24

......

60,000,000

MXN

2,952,694

Turkey

0.6%

Turkey

Government

Bond

,

13.9%,

11/09/22

................

17,350,000

TRY

1,887,270

12.2%,

1/18/23

................

1,170,000

TRY

124,241

7.1%,

3/08/23

.................

4,980,000

TRY

489,608

16.2%,

6/14/23

................

6,170,000

TRY

683,296

8.8%,

9/27/23

.................

3,200,000

TRY

310,108

10.4%,

3/20/24

................

270,000

TRY

26,257

12.6%,

10/01/25

................

2,990,000

TRY

287,235

3,808,015

Total

Foreign

Government

and

Agency

Securities

(Cost

$212,700,988)

............

159,061,775

U.S.

Government

and

Agency

Securities

0.8%

United

States

0.8%

U.S.

Treasury

Notes

,

1.625%,

2/15/26

................

950,000

980,504

2.125%,

5/31/26

................

1,210,000

1,276,267

1.625%,

10/31/26

...............

2,650,000

2,731,984

4,988,755

Total

U.S.

Government

and

Agency

Securities

(Cost

$4,961,040)

..................

4,988,755

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

See

Notes

to

Statement

of

Investments.

Quarterly

Statement

of

Investments

7

a

a

Industry

Shares

a

Value

a

a

a

a

a

a

Escrows

and

Litigation

Trusts

0.0%

a,c

K2016470219

South

Africa

Ltd.,

Escrow

Account

......................

168,113

$

—

Total

Escrows

and

Litigation

Trusts

(Cost

$–)

...................................

—

Total

Long

Term

Investments

(Cost

$534,749,325)

...............................

546,295,213

Number

of

Contracts

Notional

Amount

#

a

a

aa

Options

Purchased

0.2%

Calls

-

Over-the-Counter

Currency

Options

Foreign

Exchange

AUD/JPY,

Counterparty

CITI,

December

Strike

Price

86.50

JPY,

Expires

12/20/21

..

1

2,932,000

AUD

1,752

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

March

Strike

Price

21.03

MXN,

Expires

3/04/22

..

1

1,107,000

33,859

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

December

Strike

Price

21.37

MXN,

Expires

12/31/21

.

1

3,131,000

48,073

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

February

Strike

Price

21.41

MXN,

Expires

2/03/22

..

1

2,069,000

40,249

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

December

Strike

Price

21.60

MXN,

Expires

12/28/21

.

1

975,000

11,312

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

June

Strike

Price

22.02

MXN,

Expires

6/09/22

..

1

2,189,000

60,850

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

August

Strike

Price

22.32

MXN,

Expires

8/29/22

..

1

778,000

26,059

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

December

Strike

Price

23.44

MXN,

Expires

12/22/22

.

1

3,339,000

106,498

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

October

Strike

Price

26.30

MXN,

Expires

10/19/23

.

1

1,135,000

37,016

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

October

Strike

Price

26.30

MXN,

Expires

10/19/23

.

1

465,000

15,165

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

August

Strike

Price

29.19

MXN,

Expires

8/29/24

..

1

1,405,000

47,568

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

August

Strike

Price

29.71

MXN,

Expires

8/09/24

..

1

1,406,000

42,400

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

December

Strike

Price

29.73

MXN,

Expires

12/07/21

.

1

1,444,000

90

470,891

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

Quarterly

Statement

of

Investments

See

Notes

to

Statement

of

Investments.

8

a

a

Number

of

Contracts

Notional

Amount

#

a

Value

a

a

a

a

aa

a

a

Options

Purchased

(continued)

Puts

-

Over-the-Counter

Currency

Options

Foreign

Exchange

AUD/JPY,

Counterparty

CITI,

December

Strike

Price

75.00

JPY,

Expires

12/20/21

..

1

5,865,000

AUD

$

12,966

Foreign

Exchange

AUD/JPY,

Counterparty

CITI,

June

Strike

Price

79.55

JPY,

Expires

6/03/22

.......

1

22,878,000

AUD

471,850

Foreign

Exchange

AUD/JPY,

Counterparty

CITI,

December

Strike

Price

81.61

JPY,

Expires

12/14/21

..

1

5,190,000

AUD

94,521

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

June

Strike

Price

18.70

MXN,

Expires

6/09/22

..

1

1,667,000

2,912

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

October

Strike

Price

18.76

MXN,

Expires

10/27/21

.

1

1,477,000

12

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

June

Strike

Price

19.04

MXN,

Expires

6/09/22

..

1

1,667,000

4,685

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

February

Strike

Price

19.37

MXN,

Expires

2/24/22

..

1

389,000

1,002

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

August

Strike

Price

19.41

MXN,

Expires

8/11/22

..

1

456,000

2,503

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

October

Strike

Price

19.85

MXN,

Expires

10/19/23

.

1

232,000

2,362

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

October

Strike

Price

19.85

MXN,

Expires

10/19/23

.

1

568,000

5,781

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

December

Strike

Price

20.32

MXN,

Expires

12/31/21

.

1

783,000

7,611

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

November

Strike

Price

20.34

MXN,

Expires

11/09/21

.

1

624,000

3,442

609,647

Total

Options

Purchased

(Cost

$1,374,708)

.....................................

1,080,538

Short

Term

Investments

12.3%

a

a

Principal

Amount

*

a

Value

a

a

a

a

a

a

Foreign

Government

and

Agency

Securities

8.5%

Argentina

0.2%

h,k

Argentina

Letras

de

la

Nacion

Argentina

con

Ajuste

por

CER

,

Index

Linked,

2/28/22

............

56,425,784

ARS

282,515

Index

Linked,

4/18/22

............

154,693,485

ARS

775,878

Index

Linked,

6/30/22

............

17,310,353

ARS

94,857

1,153,250

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

See

Notes

to

Statement

of

Investments.

Quarterly

Statement

of

Investments

9

Short

Term

Investments

(continued)

a

a

Principal

Amount

*

a

Value

a

a

a

a

a

a

Foreign

Government

and

Agency

Securities

(continued)

Brazil

2.7%

k

Brazil

Letras

do

Tesouro

Nacional

,

1/01/24

......................

11,220,000

BRL

$

1,663,032

7/01/24

......................

52,870,000

BRL

7,459,860

k

Brazil

Notas

do

Tesouro

Nacional

,

1/01/25

......................

57,070,000

BRL

7,641,813

16,764,705

Egypt

0.8%

k

Egypt

Treasury

Bills

,

11/09/21

.....................

10,800,000

EGP

680,906

12/07/21

.....................

7,500,000

EGP

467,785

12/14/21

.....................

10,600,000

EGP

659,602

12/21/21

.....................

20,000,000

EGP

1,241,648

1/04/22

......................

2,600,000

EGP

160,832

1/11/22

......................

12,700,000

EGP

784,805

2/15/22

......................

5,200,000

EGP

317,220

2/22/22

......................

6,000,000

EGP

365,647

3/01/22

......................

2,400,000

EGP

145,732

3/22/22

......................

5,400,000

EGP

326,048

e

6/14/22

......................

3,300,000

EGP

193,801

5,344,026

Japan

2.8%

k

Japan

Treasury

Bills

,

10/25/21

.....................

592,100,000

JPY

5,320,486

11/22/21

.....................

499,550,000

JPY

4,489,260

12/06/21

.....................

99,100,000

JPY

890,614

12/20/21

.....................

571,200,000

JPY

5,133,641

3/25/22

......................

173,000,000

JPY

1,555,321

17,389,322

Singapore

2.0%

k

Singapore

Treasury

Bills

,

10/15/21

.....................

5,300,000

SGD

3,902,892

11/12/21

.....................

750,000

SGD

552,189

11/19/21

.....................

11,430,000

SGD

8,414,914

12,869,995

Total

Foreign

Government

and

Agency

Securities

(Cost

$55,875,561)

..............

53,521,298

Industry

Shares

Money

Market

Funds

3.8%

United

States

3.8%

l,m

Institutional

Fiduciary

Trust

-

Money

Market

Portfolio,

0.01%

..........

24,227,041

24,227,041

Total

Money

Market

Funds

(Cost

$24,227,041)

..................................

24,227,041

Investments

from

Cash

Collateral

Received

for

Loaned

Securities

0.0%

†

Money

Market

Funds

0.0%

†

l,m

Institutional

Fiduciary

Trust

-

Money

Market

Portfolio,

0.01%

..........

162,000

162,000

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

Quarterly

Statement

of

Investments

See

Notes

to

Statement

of

Investments.

10

Short

Term

Investments

(continued)

a

a

Principal

Amount

a

Value

a

a

a

a

a

a

Investments

from

Cash

Collateral

Received

for

Loaned

Securities

0.0%

†

Repurchase

Agreements

0.0%

†

n

Joint

Repurchase

Agreement,

BNP

Paribas

SA,

0.05%,

10/01/21

(Maturity

Value

$41,589)

Collateralized

by

U.S.

Treasury

Notes,

0.125%

-

3%,

9/30/22

-

8/31/26;

and

U.S.

Treasury

Notes,

Index

Linked,

0.125%,

10/15/24

-

4/15/25

(valued

at

$42,421)

.....................

41,589

$

41,589

Total

Investments

from

Cash

Collateral

Received

for

Loaned

Securities

(Cost

$203,589)

...................................................................

203,589

a

a

a

a

a

Total

Short

Term

Investments

(Cost

$80,306,191

)

................................

77,951,928

a

a

a

Total

Investments

(Cost

$616,430,224)

98.9%

...................................

$625,327,679

Options

Written

(

0.0

)

%

†

......................................................

(499,035)

Other

Assets,

less

Liabilities

1.1%

.............................................

7,129,346

Net

Assets

100.0%

...........................................................

$631,957,990

a

a

a

a

Number

of

Contracts

Notional

Amount

#

a

a

a

a

a

Options

Written

(0.0)%

†

a

Calls

-

Over-the-Counter

a

Currency

Options

Foreign

Exchange

AUD/JPY,

Counterparty

CITI,

December

Strike

Price

81.20

JPY,

Expires

12/20/21

..

1

2,932,000

AUD

(28,144)

Foreign

Exchange

AUD/JPY,

Counterparty

CITI,

March

Strike

Price

83.40

JPY,

Expires

3/03/22

.......

1

3,813,000

AUD

(27,124)

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

November

Strike

Price

20.34

MXN,

Expires

11/09/21

.

1

624,000

(15,991)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

March

Strike

Price

20.56

MXN,

Expires

3/04/22

..

1

415,000

(17,425)

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

February

Strike

Price

20.86

MXN,

Expires

2/03/22

..

1

690,000

(20,276)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

February

Strike

Price

21.71

MXN,

Expires

2/24/22

..

1

447,000

(8,221)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

August

Strike

Price

22.06

MXN,

Expires

8/11/22

..

1

456,000

(16,059)

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

December

Strike

Price

22.52

MXN,

Expires

12/31/21

.

1

1,957,000

(11,096)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

March

Strike

Price

22.55

MXN,

Expires

3/04/22

..

1

415,000

(4,722)

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

See

Notes

to

Statement

of

Investments.

Quarterly

Statement

of

Investments

11

a

a

a

Number

of

Contracts

Notional

Amount

#

a

Value

a

a

a

a

a

a

Options

Written

(continued)

a

Calls

-

Over-the-Counter

(continued)

a

Currency

Options

(continued)

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

February

Strike

Price

22.73

MXN,

Expires

2/03/22

..

1

1,379,000

$

(10,952)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

December

Strike

Price

22.75

MXN,

Expires

12/22/22

.

1

99,000

(4,016)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

December

Strike

Price

22.75

MXN,

Expires

12/22/22

.

1

902,000

(36,594)

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

December

Strike

Price

23.08

MXN,

Expires

12/28/21

.

1

325,000

(1,134)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

December

Strike

Price

24.95

MXN,

Expires

12/22/22

.

1

1,002,000

(19,884)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

June

Strike

Price

25.41

MXN,

Expires

6/09/22

..

1

2,222,000

(14,174)

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

December

Strike

Price

27.93

MXN,

Expires

12/07/21

.

1

481,000

(62)

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

October

Strike

Price

34.95

MXN,

Expires

10/19/23

.

1

414,000

(3,274)

(239,148)

Puts

-

Over-the-Counter

Currency

Options

Foreign

Exchange

AUD/JPY,

Counterparty

CITI,

December

Strike

Price

68.40

JPY,

Expires

12/20/21

..

1

2,932,000

AUD

(861)

Foreign

Exchange

AUD/JPY,

Counterparty

CITI,

June

Strike

Price

73.30

JPY,

Expires

6/03/22

.......

1

11,439,000

AUD

(79,775)

Foreign

Exchange

AUD/JPY,

Counterparty

CITI,

December

Strike

Price

78.33

JPY,

Expires

12/14/21

..

1

7,793,000

AUD

(48,386)

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

October

Strike

Price

19.71

MXN,

Expires

10/27/21

.

1

1,477,000

(505)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

June

Strike

Price

19.84

MXN,

Expires

6/09/22

..

1

2,189,000

(17,453)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

December

Strike

Price

19.93

MXN,

Expires

12/22/22

.

1

99,000

(1,041)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

December

Strike

Price

19.93

MXN,

Expires

12/22/22

.

1

902,000

(9,485)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

August

Strike

Price

20.50

MXN,

Expires

8/11/22

..

1

456,000

(7,781)

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

Quarterly

Statement

of

Investments

See

Notes

to

Statement

of

Investments.

12

At

September

30,

2021,

the

Fund

had

the

following futures

contracts

outstanding.

Se

e

Not

e

3.

a

a

a

Number

of

Contracts

Notional

Amount

#

a

Value

a

a

a

a

a

a

Options

Written

(continued)

a

Puts

-

Over-the-Counter

(continued)

a

Currency

Options

(continued)

Foreign

Exchange

USD/MXN,

Counterparty

MSCO,

August

Strike

Price

21.35

MXN,

Expires

8/29/22

..

1

778,000

$

(26,659)

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

October

Strike

Price

22.32

MXN,

Expires

10/19/23

.

1

1,135,000

(48,196)

Foreign

Exchange

USD/MXN,

Counterparty

CITI,

October

Strike

Price

22.32

MXN,

Expires

10/19/23

.

1

465,000

(19,745)

(259,887)

Total

Options

Written

(Premiums

received

$680,420)

............................

$

(499,035)

#

Notional

amount

is

the

number

of

units

specified

in

the

contract,

and

can

include

currency

units,

bushels,

shares,

pounds,

barrels

or

other

units.

Currency

units

are

stated

in

U.S.

dollars

unless

otherwise

indicated.

*

The

principal

amount

is

stated

in

U.S.

dollars

unless

otherwise

indicated.

†

Rounds

to

less

than

0.1%

of

net

assets.

a

Non-income

producing.

b

Security

was

purchased

pursuant

to

Rule

144A

or

Regulation

S

under

the

Securities

Act

of

1933.

144A

securities

may

be

sold

in

transactions

exempt

from

registration

only

to

qualified

institutional

buyers

or

in

a

public

offering

registered

under

the

Securities

Act

of

1933.

Regulation

S

securities

cannot

be

sold

in

the

United

States

without

either

an

effective

registration

statement

filed

pursuant

to

the

Securities

Act

of

1933,

or

pursuant

to

an

exemption

from

registration.

At

September

30,

2021,

the

aggregate

value

of

these

securities

was

$26,213,354,

representing

4.1%

of

net

assets.

c

Fair

valued

using

significant

unobservable

inputs.

See

Note

8

regarding

fair

value

measurements.

d

See

Note

6

regarding

restricted

securities.

e

A

portion

or

all

of

the

security

purchased

on

a

delayed

delivery

basis.

f

A

portion

or

all

of

the

security

is

on

loan

at

September

30,

2021.

g

Income

may

be

received

in

additional

securities

and/or

cash.

h

Redemption

price

at

maturity

is

adjusted

for

inflation.

i

The

coupon

rate

shown

represents

the

rate

at

period

end.

j

A

supranational

organization

is

an

entity

formed

by

two

or

more

central

governments

through

international

treaties.

k

The

security

was

issued

on

a

discount

basis

with

no

stated

coupon

rate.

l

See

Note

7

regarding

investments

in

affiliated

management

investment

companies.

m

The

rate

shown

is

the

annualized

seven-day

effective

yield

at

period

end.

n

Investment

is

through

participation

in

a

joint

account

with

other

funds

managed

by

the

investment

manager

or

an

affiliate

of

the

investment

manager.

At

September

30,

2021,

all

repurchase

agreements

had

been

entered

into

on

that

date.

Futures

Contracts

Description

Type

Number

of

Contracts

Notional

Amount

*

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

Equity

contracts

MSCI

ACWI

NTR

Index

........................

Short

225

$

16,399,125

12/17/21

$

564,610

NASDAQ

100

E-Mini

Index

.....................

Short

18

5,285,700

12/17/21

250,761

Total

Futures

Contracts

......................................................................

$815,371

*

As

of

period

end.

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

See

Notes

to

Statement

of

Investments.

Quarterly

Statement

of

Investments

13

At

September

30,

2021,

the

Fund

had

the

following

forward

exchange

contracts

outstanding

.

See

Not

e

3.

`

Forward

Exchange

Contracts

Currency

Counter-

party

a

Type

Quantity

Contract

Amount

*

Settlement

Date

Unrealized

Appreciation

Unrealized

Depreciation

a

a

a

a

a

a

a

a

OTC

Forward

Exchange

Contracts

Mexican

Peso

......

CITI

Buy

36,742,000

1,784,025

10/01/21

$

—

$

(4,368)

Mexican

Peso

......

CITI

Sell

36,742,000

1,832,884

10/01/21

53,227

—

Chilean

Peso

......

GSCO

Buy

383,191,856

497,109

10/04/21

—

(24,966)

Chilean

Peso

......

GSCO

Sell

383,191,856

478,183

10/04/21

6,039

—

Chilean

Peso

......

JPHQ

Buy

672,180,000

911,443

10/04/21

—

(83,227)

Chilean

Peso

......

JPHQ

Sell

672,180,000

851,831

10/04/21

23,615

—

Indian

Rupee

......

JPHQ

Buy

113,941,400

1,555,387

10/07/21

—

(19,924)

Indian

Rupee

......

CITI

Buy

110,703,100

1,511,150

10/08/21

—

(19,573)

Indian

Rupee

......

JPHQ

Buy

147,383,500

2,011,787

10/08/21

—

(25,989)

Indian

Rupee

......

CITI

Buy

133,442,300

1,820,868

10/12/21

—

(24,092)

Indian

Rupee

......

HSBK

Buy

133,568,000

1,777,872

10/12/21

20,596

—

Mexican

Peso

......

CITI

Buy

24,309,000

1,209,373

10/12/21

—

(33,366)

Mexican

Peso

......

CITI

Sell

24,309,000

1,203,994

10/12/21

27,987

—

Chilean

Peso

......

JPHQ

Buy

1,529,700,000

1,976,995

10/13/21

—

(93,492)

Euro

.............

DBAB

Sell

1,631,199

16,628,116

SEK

10/13/21

10,276

—

Euro

.............

JPHQ

Sell

2,075,512

21,150,000

SEK

10/13/21

12,234

—

Chilean

Peso

......

GSCO

Buy

627,450,000

842,158

10/14/21

—

(69,645)

Chinese

Yuan

......

HSBK

Buy

21,550,930

3,242,277

10/15/21

96,863

—

Euro

.............

DBAB

Sell

1,229,043

12,471,100

SEK

10/18/21

1,074

—

Euro

.............

DBAB

Sell

999,137

10,071,000

NOK

10/19/21

—

(5,651)

Euro

.............

DBAB

Sell

1,228,668

12,471,100

SEK

10/19/21

1,490

—

Euro

.............

JPHQ

Sell

1,343,210

13,536,100

NOK

10/19/21

—

(7,946)

Euro

.............

HSBK

Sell

2,803,568

353,684,074

JPY

10/25/21

—

(70,439)

Japanese

Yen

......

HSBK

Sell

356,839,209

2,803,568

EUR

10/25/21

42,086

—

Chilean

Peso

......

JPHQ

Buy

1,449,610,000

1,834,677

10/29/21

—

(51,966)

Mexican

Peso

......

CITI

Sell

36,742,000

1,825,055

11/01/21

53,006

—

Euro

.............

HSBK

Sell

8,800,167

13,108,381

CAD

11/03/21

147,162

—

Euro

.............

JPHQ

Sell

1,867,303

2,771,610

CAD

11/03/21

23,451

—

Chilean

Peso

......

GSCO

Buy

622,741,855

804,594

11/04/21

—

(39,109)

Chilean

Peso

......

GSCO

Buy

552,968,936

711,635

11/05/21

—

(31,972)

Indian

Rupee

......

CITI

Buy

82,812,900

1,087,211

11/10/21

23,006

—

Australian

Dollar

....

DBAB

Sell

3,330,000

2,448,675

11/16/21

41,812

—

Australian

Dollar

....

MSCO

Sell

3,379,000

2,481,166

11/16/21

38,886

—

Mexican

Peso

......

CITI

Sell

59,491,000

2,942,914

11/16/21

80,265

—

Chinese

Yuan

......

JPHQ

Buy

14,973,410

2,295,176

11/22/21

17,749

—

Japanese

Yen

......

CITI

Buy

70,330,000

641,807

11/24/21

—

(9,656)

Chilean

Peso

......

GSCO

Buy

967,151,740

1,229,675

11/30/21

—

(43,364)

Mexican

Peso

......

CITI

Sell

36,742,000

1,768,142

12/01/21

4,211

—

Russian

Ruble

.....

JPHQ

Buy

14,536,100

193,132

12/06/21

4,444

—

Russian

Ruble

.....

MSCO

Buy

200,145,100

2,662,035

12/06/21

58,358

—

Russian

Ruble

.....

JPHQ

Buy

26,883,800

358,498

12/07/21

6,818

—

Russian

Ruble

.....

DBAB

Buy

190,779,900

2,562,679

12/09/21

28,483

—

Chinese

Yuan

......

CITI

Buy

30,403,810

4,673,339

12/10/21

16,344

—

Chinese

Yuan

......

JPHQ

Buy

11,668,020

1,804,742

12/10/21

—

(4,990)

Russian

Ruble

.....

DBAB

Buy

122,261,200

1,647,334

12/10/21

12,797

—

Chinese

Yuan

......

BOFA

Buy

23,581,730

3,623,443

12/13/21

13,061

—

Chinese

Yuan

......

JPHQ

Buy

29,990,050

4,637,008

12/13/21

—

(12,285)

Euro

.............

DBAB

Sell

3,297,950

33,256,202

SEK

12/13/21

—

(23,493)

Chilean

Peso

......

GSCO

Buy

1,481,871,479

1,897,160

12/15/21

—

(81,938)

Chinese

Yuan

......

HSBK

Buy

21,692,020

3,352,242

12/15/21

—

(7,696)

Euro

.............

DBAB

Sell

644,735

6,569,400

SEK

12/15/21

3,167

—

Templeton

Global

Investment

Trust

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

Quarterly

Statement

of

Investments

See

Notes

to

Statement

of

Investments.

14

See

Abbreviations

on

page

23

.

Forward

Exchange

Contracts

(continued)

Currency

Counter-

party

a

Type

Quantity

Contract

Amount*

Settlement

Date

Unrealized

Appreciation

Unrealized

Depreciation

a

a

a

a

a

a

a

a

OTC

Forward

Exchange

Contracts

(continued)

Indian

Rupee

......

HSBK

Buy

133,941,730

1,815,667

12/15/21

$

—

$

(26,624)

Mexican

Peso

......

MSCO

Sell

22,585,285

1,109,150

12/15/21

26,864

—

Russian

Ruble

.....

DBAB

Buy

182,569,600

2,405,993

12/15/21

69,949

—

Euro

.............

DBAB

Sell

3,461,912

35,026,930

SEK

12/16/21

—

(11,330)

New

Zealand

Dollar

.

JPHQ

Buy

3,950,000

2,817,776

12/20/21

—

(93,412)

New

Zealand

Dollar

.

BOFA

Buy

1,200,000

847,140

12/21/21

—

(19,494)

New

Zealand

Dollar

.

CITI

Buy

1,410,000

999,197

12/21/21

—

(26,712)

New

Zealand

Dollar

.

JPHQ

Buy

1,410,000

996,857

12/21/21

—

(24,373)

Chilean

Peso

......

GSCO

Buy

809,130,000

1,093,568

12/23/21

—

(103,151)

Japanese

Yen

......

BNDP

Buy

317,077,140

2,883,290

12/23/21

—

(31,940)

Chilean

Peso

......

GSCO

Buy

201,220,000

252,814

12/28/21

—

(6,624)

Euro

.............

UBSW

Sell

943,744

1,125,247

1/07/22

29,637

—

Chinese

Yuan

......

CITI

Buy

19,903,590

3,032,235

1/12/22

29,642

—

Chilean

Peso

......

JPHQ

Buy

1,262,000,000

1,589,421

1/13/22

—

(47,575)

Chilean

Peso

......

GSCO

Buy

383,191,856

474,247

1/14/22

—

(6,124)

Euro

.............

DBAB

Sell

1,021,756

10,392,587

SEK

1/18/22

2,503

—

Euro

.............

JPHQ

Sell

1,358,643

13,824,100

NOK

1/21/22

2,054

—

Indian

Rupee

......

JPHQ

Buy

113,619,700

1,471,948

1/27/22

37,663

—

Euro

.............

HSBK

Sell

2,944,284

4,364,636

CAD

2/03/22

25,356

—

Euro

.............

JPHQ

Sell

1,863,468

2,771,610

CAD

2/03/22

23,300

—

Chilean

Peso

......

GSCO

Buy

712,184,411

901,956

2/11/22

—

(34,059)

Euro

.............

JPHQ

Sell

2,339,856

3,450,000

CAD

2/14/22

4,774

—

Euro

.............

JPHQ

Sell

4,768,813

5,672,312

2/23/22

130,819

—

Euro

.............

DBAB

Sell

1,877,412

2,211,479

2/28/22

29,652

—

Russian

Ruble

.....

JPHQ

Buy

46,043,900

612,826

3/03/22

2,574

—

Russian

Ruble

.....

MSCO

Buy

123,931,100

1,649,336

3/03/22

7,067

—

Chinese

Yuan

......

BOFA

Buy

19,668,730

3,007,359

3/09/22

5,204

—

Russian

Ruble

.....

DBAB

Buy

121,099,600

1,609,524

3/11/22

6,852

—

Japanese

Yen

......

CITI

Buy

230,199,313

2,092,759

3/14/22

—

(21,020)

Euro

.............

DBAB

Sell

690,203

7,070,900

NOK

3/15/22

4,987

—

Euro

.............

DBAB

Sell

1,021,040

10,392,550

SEK

3/16/22

2,412

—

Euro

.............

JPHQ

Sell

1,321,536

13,536,100

NOK

3/16/22

9,194

—

Japanese

Yen

......

MSCO

Buy

197,574,700

1,799,373

3/22/22

—

(21,129)

Australian

Dollar

....

CITI

Sell

2,121,000

1,534,650

3/28/22

713

—

Japanese

Yen

......

CITI

Buy

177,926,070

1,622,303

3/28/22

—

(20,824)

Euro

.............

DBAB

Sell

653,864

6,689,000

NOK

4/01/22

3,153

—

Euro

.............

JPHQ

Sell

11,741,488

120,073,113

NOK

4/01/22

51,840

—

Euro

.............

HSBK

Sell

2,938,382

4,364,673

CAD

5/03/22

24,862

—

Euro

.............

JPHQ

Sell

1,860,245

2,772,415

CAD

5/03/22

23,006

—

Chilean

Peso

......

GSCO

Buy

681,736,936

859,498

5/11/22

—

(35,355)

Euro

.............

DBAB

Sell

648,944

6,561,800

SEK

6/15/22

—

(4,451)

Euro

.............

DBAB

Sell

1,059,287

10,786,400

NOK

6/16/22

—

(4,735)

Euro

.............

DBAB

Sell

851,288

8,716,000

NOK

6/20/22

1,442

—

Euro

.............

DBAB

Sell

3,438,599

35,502,500

NOK

6/22/22

39,202

—

Total

Forward

Exchange

Contracts

...................................................

$1,463,228

$(1,328,079)

Net

unrealized

appreciation

(depreciation)

............................................

$135,149

*

In

U.S.

dollars

unless

otherwise

indicated.

a

May

be

comprised

of

multiple

contracts

with

the

same

counterparty,

currency

and

settlement

date.

Templeton

Global

Investment

Trust

15

Quarterly

Statement

of

Investments

Notes

to

Statement

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

1.

Organization

Templeton

Global

Investment

Trust (Trust)

is

registered

under

the

Investment

Company

Act

of

1940

(1940

Act)

as

an

open-end

management

investment

company,

consisting

of two

separate

funds, one

of

which

is

included

in

this

report

(Fund)

and

applies

the

specialized

accounting

and

reporting

guidance

in

U.S.

Generally

Accepted

Accounting

Principles

(U.S.

GAAP). 

2. Financial

Instrument

Valuation

The

Fund’s investments

in

financial

instruments

are

carried

at

fair

value

daily.

Fair

value

is

the

price

that

would

be

received

to

sell

an

asset

or

paid

to

transfer

a

liability

in

an

orderly

transaction

between

market

participants

on

the

measurement

date.

The

Fund

calculates the

net

asset

value

(NAV)

per

share

each

business

day

as

of

4

p.m.

Eastern

time

or

the

regularly

scheduled

close

of

the

New

York

Stock

Exchange

(NYSE),

whichever

is

earlier. Under

compliance

policies

and

procedures

approved

by

the

Trust’s

Board

of

Trustees

(the

Board),

the

Fund’s

administrator

has

responsibility

for

oversight

of

valuation,

including

leading

the

cross-functional

Valuation

Committee

(VC).

The

Fund

may

utilize

independent

pricing

services,

quotations

from

securities

and

financial

instrument

dealers,

and

other

market

sources

to

determine

fair

value. 

Equity

securities

and

derivative

financial

instruments

listed

on

an

exchange

or

on

the

NASDAQ

National

Market

System

are

valued

at

the

last

quoted

sale

price

or

the

official

closing

price

of

the

day,

respectively.

Foreign

equity

securities

are

valued

as

of

the

close

of

trading

on

the

foreign

stock

exchange

on

which

the

security

is

primarily

traded

or

as

of

4

p.m.

Eastern

time.

The

value

is

then

converted

into

its

U.S.

dollar

equivalent

at

the

foreign

exchange

rate

in

effect

at

4

p.m. Eastern

time

on

the

day

that

the

value

of

the

security

is

determined.

Over-the-counter

(OTC)

securities

are

valued

within

the

range

of

the

most

recent

quoted

bid

and

ask

prices.

Securities

that

trade

in

multiple

markets

or

on

multiple

exchanges

are

valued

according

to

the

broadest

and

most

representative

market.

Certain

equity

securities

are

valued

based

upon

fundamental

characteristics

or

relationships

to

similar

securities. 

Debt

securities

generally

trade

in

the

OTC

market

rather

than

on

a

securities

exchange.

The Fund's

pricing

services

use

multiple

valuation

techniques

to

determine

fair

value.

In

instances

where

sufficient

market

activity

exists,

the

pricing

services

may

utilize

a

market-based

approach

through

which

quotes

from

market

makers

are

used

to

determine

fair

value.

In

instances

where

sufficient

market

activity

may

not

exist

or

is

limited,

the

pricing

services

also

utilize

proprietary

valuation

models

which

may

consider

market

characteristics

such

as

benchmark

yield

curves,

credit

spreads,

estimated

default

rates,

anticipated

market

interest

rate

volatility,

coupon

rates,

anticipated

timing

of

principal

repayments,

underlying

collateral,

and

other

unique

security

features

in

order

to

estimate

the

relevant

cash

flows,

which

are

then

discounted

to

calculate

the

fair

value.

Securities

denominated

in

a

foreign

currency

are

converted

into

their

U.S.

dollar

equivalent

at

the

foreign

exchange

rate

in

effect

at

4

p.m.

Eastern

time

on

the

date

that

the

values

of

the

foreign

debt

securities

are

determined.

Investments

in

open-end

mutual

funds

are

valued

at

the

closing

NAV.

Investments

in

repurchase

agreements

are

valued

at

cost,

which

approximates

fair

value.

Certain

derivative

financial

instruments

trade

in

the

OTC

market.

The

Fund's

pricing

services

use

various

techniques

including

industry

standard

option

pricing

models

and

proprietary

discounted

cash

flow

models

to

determine

the

fair

value

of

those

instruments.

The

Fund's

net

benefit

or

obligation

under

the

derivative

contract,

as

measured

by

the

fair

value

of

the

contract,

is

included

in

net

assets.

The

Fund

has procedures

to

determine

the

fair

value

of

financial

instruments

for

which

market

prices

are

not

reliable

or

readily

available.

Under

these

procedures,

the

Fund

primarily employs

a

market-based

approach

which

may

use

related

or

comparable

assets

or

liabilities,

recent

transactions,

market

multiples,

book

values,

and

other

relevant

information

for

the

investment

to

determine

the

fair

value

of

the

investment.

An

income-based

valuation

approach

may

also

be

used

in

which

the

anticipated

future

cash

flows

of

the

investment

are

discounted

to

calculate

fair

value.

Discounts

may

also

be

applied

due

to

the

nature

or

duration

of

any

restrictions

on

the

disposition

of

the

investments.

Due

to

the

inherent

uncertainty

of

valuations

of

such

investments,

the

fair

values

may

differ

significantly

from

the

values

that

would

have

been

used

had

an

active

market

existed. 

Templeton

Global

Investment

Trust

Notes

to

Statement

of

Investments

(unaudited)

16

Quarterly

Statement

of

Investments

Templeton

Global

Balanced

Fund

(continued)

Trading

in

securities

on

foreign

securities

stock

exchanges

and

OTC

markets

may

be

completed

before

4

p.m.

Eastern

time.

In

addition,

trading

in

certain

foreign

markets

may

not

take

place

on

every

Fund’s

business

day.

Events

can

occur

between

the

time

at

which

trading

in

a

foreign

security

is

completed

and

4

p.m.

Eastern

time

that

might

call

into

question

the

reliability

of

the

value

of

a

portfolio

security

held

by

the

Fund.

As

a

result,

differences

may

arise

between

the

value

of

the

Fund’s

portfolio securities

as

determined

at

the

foreign

market

close

and

the

latest

indications

of

value

at

4

p.m.

Eastern

time.

In

order

to

minimize

the

potential

for

these

differences,

an

independent

pricing

service

may

be

used

to

adjust

the

value

of

the

Fund's

portfolio

securities

to

the

latest

indications

of

fair

value

at 4

p.m.

Eastern

time.

At

September

30,

2021,

certain

securities

may

have

been

fair

valued

using

these

procedures,

in

which

case

the

securities

were

categorized

as

Level

2

inputs

within

the

fair

value

hierarchy

(referred

to

as

"market

level

fair

value").

See

the

Fair

Value

Measurements

note

for

more

information.

When

the

last

day

of

the

reporting

period

is

a

non-business

day,

certain

foreign

markets

may

be

open

on

those

days

that

the

Fund’s

NAV

is

not

calculated,

which

could

result

in

differences

between

the

value

of

the

Fund’s

portfolio

securities

on

the

last

business

day

and

the

last

calendar

day

of

the

reporting

period.

Any

security

valuation

changes

due

to

an

open

foreign

market

are

adjusted

and

reflected

by

the

Fund for

financial

reporting

purposes.

3.

Derivative

Financial

Instruments

The

Fund

invested

in

derivative

financial

instruments

in

order

to

manage

risk

or

gain

exposure

to

various

other

investments

or

markets.

Derivatives

are

financial

contracts

based

on

an

underlying

or

notional

amount,

require

no

initial

investment

or

an

initial

net

investment

that

is

smaller

than

would

normally

be

required

to

have

a

similar

response

to

changes

in

market

factors,

and

require

or

permit

net

settlement.

Derivatives

contain

various

risks

including

the

potential

inability

of

the

counterparty

to

fulfill

their

obligations

under

the

terms

of

the

contract,

the

potential

for

an

illiquid

secondary

market,

and/or

the

potential

for

market

movements.

Derivative

counterparty

credit

risk

is

managed

through

a

formal

evaluation

of

the

creditworthiness

of

all

potential

counterparties. The

Fund

attempts

to

reduce

its

exposure

to

counterparty

credit

risk

on

OTC

derivatives,

whenever

possible,

by

entering

into

International

Swaps

and

Derivatives

Association

(ISDA)

master

agreements

with

certain

counterparties.

These

agreements

contain

various

provisions,

including

but

not

limited

to

collateral

requirements,

events

of

default,

or

early

termination.

Termination

events

applicable

to

the

counterparty

include

certain

deteriorations

in

the

credit

quality

of

the

counterparty.

Termination

events

applicable

to

the

Fund

include

failure

of

the

Fund

to

maintain

certain

net

asset

levels

and/

or

limit

the

decline

in

net

assets

over

various

periods

of

time.

In

the

event

of

default

or

early

termination,

the

ISDA

master

agreement

gives

the

non-defaulting

party

the

right

to

net

and

close-out

all

transactions

traded,

whether

or

not

arising

under

the

ISDA

agreement,

to

one

net

amount

payable

by

one

counterparty

to

the

other.

Early

termination

by

the

counterparty

may

result

in

an

immediate

payment

by

the

Fund

of

any

net

liability

owed

to

that

counterparty

under

the

ISDA

agreement. 

Collateral

requirements

differ

by

type

of

derivative.

Collateral

or

initial

margin

requirements

are

set

by

the

broker

or

exchange

clearing

house

for

exchange

traded

and

centrally

cleared

derivatives.

Initial

margin

deposited

is

held

at

the

exchange

and

can

be

in

the

form

of

cash

and/or

securities.

For

OTC

derivatives

traded

under

an

ISDA

master

agreement,

posting

of

collateral

is

required

by

either

the

Fund

or

the

applicable

counterparty

if

the

total

net

exposure

of

all

OTC

derivatives

with

the

applicable

counterparty

exceeds

the

minimum

transfer

amount,

which

typically

ranges

from

$100,000

to

$250,000,

and

can

vary

depending

on

the

counterparty

and

the

type

of

the

agreement.

Generally,

collateral

is

determined

at

the

close

of

Fund

business

each

day

and

any

additional

collateral

required

due

to

changes

in

derivative

values

may

be

delivered

by

the

Fund

or

the

counterparty

the

next

business

day,

or

within

a

few

business

days.

Collateral

pledged

and/or

received

by

the

Fund

for

OTC

derivatives,

if

any,

is

held

in

segregated

accounts

with

the

Fund’s

custodian/counterparty

broker

and

can

be

in

the

form

of

cash

and/or

securities.

Unrestricted

cash

may

be

invested

according

to

the

Fund’s

investment

objectives.

To

the

extent

that

the

amounts

due

to

the

Fund

from

its

counterparties

are

not

subject

to

collateralization

or

are

not

fully

collateralized,

the

Fund

bears

the

risk

of

loss

from

counterparty

non-performance.

2. Financial

Instrument

Valuation

(continued)

Templeton

Global

Investment

Trust

Notes

to

Statement

of

Investments

(unaudited)

17

Quarterly

Statement

of

Investments

Templeton

Global

Balanced

Fund

(continued)

The

Fund

entered

into

exchange

traded

futures

contracts

primarily

to

manage

and/or

gain

exposure

to

equity

price

risk.

A

futures

contract

is

an

agreement

between

the

Fund

and

a

counterparty

to

buy

or

sell

an

asset

at

a

specified

price

on

a

future

date.

Required

initial

margins

are

pledged

by

the

Fund,

and

the

daily

change

in

fair

value

is

accounted

for

as

a

variation

margin

payable

or

receivable.

The

Fund entered

into

OTC

forward

exchange

contracts

primarily

to

manage

and/or

gain

exposure

to

certain

foreign

currencies.

A

forward

exchange

contract

is

an

agreement

between

the

Fund

and

a

counterparty

to

buy

or

sell

a

foreign

currency at

a

specific

exchange

rate

on

a

future

date.

The

Fund

purchased

or

wrote

exchange

traded

and/or

OTC

option

contracts

primarily

to

manage

and/or

gain

exposure

to

equity

price

and

foreign

exchange

rate

risk.

An

option

is

a

contract

entitling

the

holder

to

purchase

or

sell

a

specific

amount

of

shares

or

units

of

an

asset

or

notional

amount

of

a

swap

(swaption),

at

a

specified

price.

When

an

option

is

purchased

or

written,

an

amount

equal

to

the

premium

paid

or

received

is

recorded

as

an

asset

or

liability,

respectively.

Upon

exercise

of

an

option,

the

acquisition

cost

or

sales

proceeds

of

the

underlying

investment

is

adjusted

by

any

premium

received

or

paid.

Upon

expiration

of

an

option,

any

premium

received

or

paid

is

recorded

as

a

realized

gain

or

loss.

Upon

closing

an

option

other

than

through

expiration

or

exercise,

the

difference

between

the

premium

received

or

paid

and

the

cost

to

close

the

position

is

recorded

as

a

realized

gain

or

loss.

4.

Concentration

of

Risk 

Investments

in

issuers

domiciled

or

with

significant

operations

in

developing

or

emerging

market

countries

may

be

subject

to

higher

risks

than

investments

in

developed

countries.

These

risks

include

fluctuating

currency

values,

underdeveloped

legal

or

business

systems,

and

changing

local

and

regional

economic,

political

and

social

conditions,

which

may

result

in

greater

market

volatility.

In

addition,

certain

foreign

securities

may

not

be

as

liquid

as

U.S.

securities.

Currencies

of

developing

or

emerging

market

countries

may

be

subject

to

significantly

greater

risks

than

currencies

of

developed

countries,

including

the

potential

inability

to

repatriate

those

currencies

into

U.S.

dollars.

 At

September

30,

2021,

the

Fund

had

2.0%

of

its

net

assets

denominated

in

Argentine

Pesos.

Argentina

has

restricted

currency

repatriation

since

September

2019,

and

had

restructured

certain

issues

of

its

debt.

Political

and

economic

conditions

in

Argentina

could

continue

to

affect

the

value

of

the

Fund's

holdings. 

5.

Novel

Coronavirus

Pandemic 

The

global

outbreak

of

the

novel

coronavirus

disease,

known

as

COVID-19, has

caused

adverse

effects

on

many

companies,

sectors,

nations,

regions

and

the

markets

in

general, and

may

continue for

an unpredictable duration.

The

effects

of

this

pandemic

may

materially

impact

the

value

and

performance

of

the Fund, its ability

to

buy

and

sell

fund

investments

at

appropriate

valuations

and its ability

to

achieve its investment

objectives.

3.

Derivative

Financial

Instruments

(continued)

Templeton

Global

Investment

Trust

Notes

to

Statement

of

Investments

(unaudited)

18

Quarterly

Statement

of

Investments

Templeton

Global

Balanced

Fund

(continued)

6. Restricted

Securities 

At

September

30,

2021,

investments

in

restricted

securities,

excluding

securities

exempt

from

registration

under

the

Securities

Act

of

1933,

were

as

follows:

7.

Investments

in

Affiliated

Management

Investment

Companies 

The

Fund

invests

in

one

or

more

affiliated

management

investment

companies.

As

defined

in

the

1940

Act,

an

investment

is

deemed

to

be

a

“Controlled

Affiliate”

of

a

fund

when

a

fund

owns,

either

directly

or

indirectly,

25%

or

more

of

the

affiliated

fund’s

outstanding

shares

or

has

the

power

to

exercise

control

over

management

or

policies

of

such

fund.

The

Fund

does

not

invest

for

purposes

of

exercising

a

controlling

influence

over

the

management

or

policies.

During

the

period

ended

September

30,

2021,

the

Fund

held

investments

in

affiliated

management

investment

companies

as

follows: 

8. Fair

Value

Measurements 

The

Fund

follows

a

fair

value

hierarchy

that

distinguishes

between

market

data

obtained

from

independent

sources

(observable

inputs)

and

the

Fund's

own

market

assumptions

(unobservable

inputs).

These

inputs

are

used

in

determining

the

value

of

the

Fund's

financial

instruments

and

are

summarized

in

the

following

fair

value

hierarchy:

•

Level

1

–

quoted

prices

in

active

markets

for

identical

financial

instruments

•

Level 2

–

other

significant

observable

inputs

(including

quoted

prices

for

similar

financial

instruments,

interest

rates,

prepayment

speed,

credit

risk,

etc.)

Shares

Issuer

Acquisition

Date

Cost

Value

Templeton

Global

Balanced

Fund

32,900,733

a

K2016470219

South

Africa

Ltd.,

A

...............

2/08/13

-

2/01/17

$

81,025

$

—

4,646,498

a

K2016470219

South

Africa

Ltd.,

B

...............

2/01/17

3,450

—

Total

Restricted

Securities

(Value

is

—%

of

Net

Assets)

..............

$84,475

$—

a

The

Fund

also

invests

in

unrestricted

securities

of

the

issuer,

valued

at

$0

as

of

September

30,

2021.

    aa

Value

at

Beginning

of

Period

Purchases

Sales

Realized

Gain

(Loss)

Net

Change

in

Unrealized

Appreciation

(Depreciation)

Value

at

End

of

Period

Number

of

Shares

Held

at

End

of

Period

Investment

Income

a      

a  

a  

a  

a  

a  

a  

a  

Templeton

Global

Balanced

Fund

Non-Controlled

Affiliates

Dividends

Institutional

Fiduciary

Trust

-

Money

Market

Portfolio,

0.01%

.

$57,777,120

$189,240,103

$(222,790,182)

$—

$—

$24,227,041

24,227,041

$2,295

Non-Controlled

Affiliates

Income

from

securities

loaned

Institutional

Fiduciary

Trust

-

Money

Market

Portfolio,

0.01%

.

$—

$54,100,000

$(53,938,000)

$

—

$

—

$162,000

162,000

$102

Total

Affiliated

Securities

...

$57,777,120

$243,340,103

$(276,728,182)

$—

$—

$24,389,041

$2,397

Templeton

Global

Investment

Trust

Notes

to

Statement

of

Investments

(unaudited)

19

Quarterly

Statement

of

Investments

Templeton

Global

Balanced

Fund

(continued)

•

Level 3

–

significant

unobservable

inputs

(including

the

Fund's own

assumptions

in

determining

the

fair

value

of

financial

instruments)

The

input

levels

are

not

necessarily

an

indication

of

the

risk

or

liquidity

associated

with

financial

instruments

at

that

level.

A

summary

of

inputs

used

as

of

September

30,

2021,

in

valuing

the

Fund's

assets

and

liabilities

carried

at

fair

value,

is

as

follows:

Level

1

Level

2

Level

3

Total

Templeton

Global

Balanced

Fund

Assets:

Investments

in

Securities:

Common

Stocks

:

Belgium

.............................

$

—

$

1,395,748

$

—

$

1,395,748

China

...............................

3,837,093

16,419,056

—

20,256,149

France

..............................

—

3,882,443

—

3,882,443

Germany

............................

14,473

16,575,171

—

16,589,644

Hong

Kong

...........................

—

10,013,372

—

10,013,372

India

................................

—

9,198,740

—

9,198,740

Ireland

..............................

4,336,364

—

—

4,336,364

Japan

...............................

—

26,015,129

—

26,015,129

Luxembourg

..........................

—

3,602,094

—

3,602,094

Netherlands

..........................

—

9,566,441

—

9,566,441

Singapore

............................

2,896,305

—

—

2,896,305

South

Africa

..........................

—

—

—

a

—

South

Korea

..........................

—

9,640,401

—

9,640,401

Spain

...............................

—

4,041,373

—

4,041,373

Switzerland

...........................

—

4,073,199

—

4,073,199

Taiwan

..............................

—

12,094,311

—

12,094,311

United

Kingdom

.......................

3,552,951

59,050,122

—

62,603,073

United

States

.........................

182,039,897

—

—

182,039,897

Corporate

Bonds

........................

—

—

—

a

—

Foreign

Government

and

Agency

Securities

....

—

159,061,775

—

159,061,775

U.S.

Government

and

Agency

Securities

.......

—

4,988,755

—

4,988,755

Escrows

and

Litigation

Trusts

...............

—

—

—

a

—

Options

purchased

.......................

—

1,080,538

—

1,080,538

Short

Term

Investments

...................

24,389,041

53,562,887

—

77,951,928

Total

Investments

in

Securities

...........

$221,066,124

$404,261,555

b

$—

$625,327,679

Other

Financial

Instruments:

Forward

exchange

contracts

...............

$

—

$

1,463,228

$

—

$

1,463,228

Futures

contracts

........................

815,371

—

—

815,371

Restricted

Currency

(ARS)

.................

—

143,500

—

143,500

Total

Other

Financial

Instruments

.........

$815,371

$1,606,728

$—

$2,422,099

Receivables:

Interest

(ARS)

...........................

$—

$314,335

$—

$314,335

Liabilities:

Other

Financial

Instruments:

Options

written

..........................

$

—

$

499,035

$

—

$

499,035

Forward

exchange

contracts

................

—

1,328,079

—

1,328,079

Total

Other

Financial

Instruments

.........

$—

$1,827,114

$—

$1,827,114

Payables:

Deferred

Tax

(ARS)

.......................

$—

$388

$—

$388

a

Includes

securities

determined

to

have

no

value

at

September

30,

2021.

8. Fair

Value

Measurements 

(continued)

Templeton

Global

Investment

Trust

Notes

to

Statement

of

Investments

(unaudited)

20

Quarterly

Statement

of

Investments

Templeton

Global

Balanced

Fund

(continued)

A

reconciliation

in

which

Level

3

inputs

are

used

in

determining

fair

value

is

presented

when

there

are

significant

Level

3

assets

and/or

liabilities

at

the

beginning

and/or

end

of

the

period.

At

September

30,

2021,

the

reconciliation

is

as

follows:

9.

Subsequent

Events

The Fund

has

evaluated

subsequent

events

through

the

issuance

of

the

Statement

of

Investments

and

determined

that

no

events

have

occurred

that

require

disclosure.

b

Includes

foreign

securities

valued

at

$185,567,600,

which

were

categorized

as

Level

2

as

a

result

of

the

application

of

market

level

fair

value

procedures.

See

the

Financial

Instrument

Valuation

note

for

more

information.

Balance

at

Beginning

of

Period

Purchases

a

Sales

b

Transfer

Into

Level

3

Transfer

Out

of

Level

3

c

Net

Accretion

(Amortiza-

tion)

Net

Realized

Gain

(Loss)

Net

Unr

ealized

Appreciation

(Depreciation)

Balance

at

End

of

Period

Net

Change

in

Unrealized

Appreciation

(Depreciation)

on

Assets

Held

at

Period

End

a

a

a

A

a

a

a

a

a

a

a

Templeton

Global

Balanced

Fund

Assets:

Investments

in

Securities:

Common

Stocks

:

South

Africa

..

$

—

c

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

c

$

—

Corporate

Bonds

:

South

Africa

..

8,631

c

848

—

—

—

256,877

—

(266,356)

—

c

(266,356)

Foreign

Government

and

Agency

Securities

:

Argentina

....

11,467,470

—

—

—

(11,467,470)

—

—

—

—

—

Escrows

and

Litigation

Trusts

—

—

d

(3,643)

—

—

—

3,643

—

—

c

—

Short

Term

Investments

..

761,069

—

—

—

(761,069)

—

—

—

—

—

Total

Investments

in

Securities

.......

$12,237,170

$848

$(3,643)

$—

$(12,228,539)

$256,877

$3,643

$(266,356)

$—

$(266,356)

Other

Financial

Instruments:

Restricted

Currency

(ARS)

......

$800

$—

$—

$—

$(800)

$—

$—

$—

$—

$—

Receivables:

Interest

(ARS)

.

$234,213

$—

$—

$—

$(234,213)

$—

$—

$—

$—

$—

Liabilities:

Payables:

Investment

Securities

Purchased

(ARS)

$118,056

$—

$—

$—

$(118,056)

$—

$—

$—

$—

$—

Deferred

Tax

(ARS)

$524

$—

$—

$—

$(524)

$—

$—

$—

$—

$—

a

Purchases

include

all

purchases

of

securities

and

securities

received

in

corporate

actions.

b

Sales

include

all

sales

of

securities,

maturities,

paydowns

and

securities

tendered

in

corporate

actions.

c

Transfers

out

of

level

3

were

as

a

result

of

changes

in

the

levels

of

observable

liquidity

and

the

improved

reliability

of

a

significant

input.

d

Includes

securities

determined

to

have

no

value.

8. Fair

Value

Measurements 

(continued)

Templeton

Global

Investment

Trust

Notes

to

Statement

of

Investments

(unaudited)

21

Quarterly

Statement

of

Investments

Templeton

Global

Balanced

Fund

(continued)

Abbreviations

Counterparty

BNDP

BNP

Paribas

SA

BOFA

Bank

of

America

Corp.

CITI

Citibank

NA

DBAB

Deutsche

Bank

AG

GSCO

Goldman

Sachs

Group,

Inc.

HSBK

HSBC

Bank

plc

JPHQ

JPMorgan

Chase

Bank

NA

MSCO

Morgan

Stanley

UBSW

UBS

AG

Selected

Portfolio

ADR

American

Depositary

Receipt

BADLAR

Argentina

Deposit

Rates

Badlar

Private

Banks

ARS

CER

Reference

Stabilization

Coefficient

FRN

Floating

Rate

Note

PIK

Payment-In-Kind

Currency

ARS

Argentine

Peso

AUD

Australian

Dollar

BRL

Brazilian

Real

CAD

Canadian

Dollar

COP

Colombian

Peso

EGP

Egyptian

Pound

EUR

Euro

GBP

British

Pound

GHS

Ghanaian

Cedi

HKD

Hong

Kong

Dollar

IDR

Indonesian

Rupiah

INR

Indian

Rupee

JPY

Japanese

Yen

KRW

South

Korean

Won

MXN

Mexican

Peso

NOK

Norwegian

Krone

SEK

Swedish

Krona

SGD

Singapore

Dollar

TRY

Turkish

Lira

USD

United

States

Dollar

For

additional

information

on

the

Fund's

significant

accounting

policies,

please

refer

to

the Fund's

most

recent

semiannual

or

annual

shareholder

report.