Templeton Global Investment Trust NPORT-P Templeton Global Balanced Fund (Sep 2024 report)

Not

FDIC

Insured

May

Lose

Value

No

Bank

Guarantee

325-Q3PH

1

Schedule

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

2

Notes

to

Schedule

of

Investments

10

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited),

September

30,

2024

Templeton

Global

Balanced

Fund

Quarterly

Schedule

of

Investments

See

Notes

to

Schedule

of

Investments.

2

.

a

a

Industry

Shares

a

Value

a

Common

Stocks

49.0%

China

3.1%

Alibaba

Group

Holding

Ltd.

.........

Broadline

Retail

278,500

$

3,700,926

Lenovo

Group

Ltd.

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

Technology

Hardware,

Storage

&

Peripherals

2,106,000

2,823,170

Prosus

NV

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

Broadline

Retail

84,605

3,697,763

10,221,859

Germany

4.4%

Deutsche

Post

AG

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

Air

Freight

&

Logistics

77,050

3,437,254

Deutsche

Telekom

AG

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

Diversified

Telecommunication

Services

179,505

5,272,402

Infineon

Technologies

AG

..........

Semiconductors

&

Semiconductor

Equipment

56,040

1,967,625

Siemens

AG

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

Industrial

Conglomerates

18,872

3,818,299

14,495,580

Hungary

1.0%

Richter

Gedeon

Nyrt.

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

Pharmaceuticals

108,183

3,330,806

Japan

5.1%

Mitsubishi

Electric

Corp.

...........

Electrical

Equipment

261,700

4,244,726

SoftBank

Corp.

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

Wireless

Telecommunication

Services

4,808,000

6,276,843

Sumitomo

Mitsui

Financial

Group,

Inc.

.

Banks

302,400

6,460,818

16,982,387

Netherlands

0.9%

SBM

Offshore

NV

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

Energy

Equipment

&

Services

163,943

2,997,093

South

Africa

0.0%

a,b,c

K2016470219

South

Africa

Ltd.

,

A

....

Broadline

Retail

32,900,733

—

a,b,c

K2016470219

South

Africa

Ltd.

,

B

....

Broadline

Retail

4,646,498

—

—

South

Korea

3.1%

Samsung

Electronics

Co.

Ltd.

.......

Technology

Hardware,

Storage

&

Peripherals

125,905

5,834,546

Shinhan

Financial

Group

Co.

Ltd.

....

Banks

105,179

4,422,928

10,257,474

Switzerland

0.6%

Adecco

Group

AG

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

Professional

Services

54,593

1,861,858

Taiwan

1.6%

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

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

Semiconductors

&

Semiconductor

Equipment

181,300

5,446,553

United

Kingdom

10.0%

AstraZeneca

plc

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

Pharmaceuticals

41,459

6,459,233

Barratt

Developments

plc

..........

Household

Durables

705,586

4,527,102

HSBC

Holdings

plc

,

ADR

..........

Banks

96,700

4,369,873

Imperial

Brands

plc

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

Tobacco

197,565

5,747,412

Lloyds

Banking

Group

plc

..........

Banks

5,552,353

4,366,102

Standard

Chartered

plc

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

Banks

421,397

4,469,661

Unilever

plc

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

Personal

Care

Products

46,245

2,998,440

32,937,823

United

States

19.2%

Alphabet,

Inc.

,

A

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

Interactive

Media

&

Services

44,059

7,307,185

Bank

of

America

Corp.

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

Banks

106,730

4,235,046

BP

plc

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

Oil,

Gas

&

Consumable

Fuels

731,538

3,815,649

CNH

Industrial

NV

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

Machinery

358,934

3,984,167

Delta

Air

Lines,

Inc.

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

Passenger

Airlines

58,562

2,974,364

DuPont

de

Nemours,

Inc.

..........

Chemicals

55,237

4,922,169

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

See

Notes

to

Schedule

of

Investments.

Quarterly

Schedule

of

Investments

3

a

a

Industry

Shares

a

Value

a

Common

Stocks

(continued)

United

States

(continued)

Fidelity

National

Information

Services,

Inc.

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

Financial

Services

79,731

$

6,677,471

Medtronic

plc

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

Health

Care

Equipment

&

Supplies

39,900

3,592,197

PNC

Financial

Services

Group,

Inc.

(The)

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

Banks

23,500

4,343,975

Shell

plc

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

Oil,

Gas

&

Consumable

Fuels

141,560

4,676,770

Stanley

Black

&

Decker,

Inc.

........

Machinery

31,422

3,460,505

UnitedHealth

Group,

Inc.

...........

Health

Care

Providers

&

Services

8,936

5,224,701

Wells

Fargo

&

Co.

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

Banks

70,544

3,985,031

Zimmer

Biomet

Holdings,

Inc.

.......

Health

Care

Equipment

&

Supplies

39,586

4,273,309

63,472,539

Total

Common

Stocks

(Cost

$

127,791,992

)

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

162,003,972

Principal

Amount

*

a

a

a

a

a

Corporate

Bonds

0.0%

South

Africa

0.0%

a

,d

,e

,f

K2016470219

South

Africa

Ltd.

,

Senior

Secured

Note

,

144A,

PIK,

3

%

,

12/31/22

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

Broadline

Retail

2,851,217

—

Senior

Secured

Note

,

144A,

PIK,

8

%

,

12/31/22

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

Broadline

Retail

2,929,327

EUR

—

a

,d

,e

,f

K2016470260

South

Africa

Ltd.

,

Senior

Secured

Note

,

144A,

PIK,

25

%

,

12/31/22

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

Broadline

Retail

1,782,466

—

—

Total

Corporate

Bonds

(Cost

$

4,389,520

)

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

—

a

a

Industry

Principal

Amount

*

a

Value

Foreign

Government

and

Agency

Securities

36.0%

Australia

1.3%

New

South

Wales

Treasury

Corp.

,

Senior

Bond

,

2

%

,

3/08/33

........

3,030,000

AUD

1,719,171

Treasury

Corp.

of

Victoria

,

Senior

Bond

,

2.25

%

,

11/20/34

.....

2,680,000

AUD

1,467,366

Senior

Bond

,

2

%

,

11/20/37

........

2,619,000

AUD

1,263,344

4,449,881

Brazil

1.7%

Brazil

Notas

do

Tesouro

Nacional

,

10

%

,

1/01/31

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

14,887,000

BRL

2,465,987

10

%

,

1/01/33

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

4,483,000

BRL

732,205

F

,

10

%

,

1/01/29

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

14,143,000

BRL

2,413,874

5,612,066

Colombia

1.9%

Colombia

Government

Bond

,

Senior

Bond

,

9.85

%

,

6/28/27

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

83,000,000

COP

19,534

Colombia

Titulos

de

Tesoreria

,

B

,

13.25

%

,

2/09/33

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

3,803,300,000

COP

1,073,228

B

,

7.25

%

,

10/18/34

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

6,802,000,000

COP

1,341,892

B

,

6.25

%

,

7/09/36

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

2,213,000,000

COP

385,720

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

Quarterly

Schedule

of

Investments

See

Notes

to

Schedule

of

Investments.

4

a

a

Industry

Principal

Amount

*

a

Value

a

a

a

a

a

a

Foreign

Government

and

Agency

Securities

(continued)

Colombia

(continued)

Colombia

Titulos

de

Tesoreria,

(continued)

B

,

9.25

%

,

5/28/42

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

16,928,000,000

COP

$

3,551,398

6,371,772

Dominican

Republic

1.6%

f

Dominican

Republic

Government

Bond

,

Senior

Bond

,

144A,

5.3

%

,

1/21/41

..

2,030,000

1,872,106

Senior

Bond

,

144A,

6.4

%

,

6/05/49

..

760,000

779,517

Senior

Bond

,

144A,

5.875

%

,

1/30/60

2,634,000

2,474,221

5,125,844

Ecuador

1.7%

f

Ecuador

Government

Bond

,

Senior

Bond

,

144A,

5.5

%

,

7/31/35

..

6,275,000

3,582,469

Senior

Note

,

144A,

6.9

%

,

7/31/30

..

2,846,000

2,077,174

5,659,643

Egypt

1.0%

Egypt

Government

Bond

,

25.151

%

,

4/16/27

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

101,600,000

EGP

2,065,881

f

Senior

Bond

,

144A,

8.75

%

,

9/30/51

.

1,030,000

845,089

f

Senior

Bond

,

144A,

7.5

%

,

2/16/61

..

510,000

370,392

3,281,362

El

Salvador

0.0%

†

f

El

Salvador

Government

Bond

,

Senior

Bond

,

144A,

7.65

%

,

6/15/35

.......

100,000

86,587

Gabon

1.9%

f

Gabon

Government

Bond

,

Senior

Bond

,

144A,

6.95

%

,

6/16/25

.

2,730,000

2,565,477

Senior

Bond

,

144A,

6.625

%

,

2/06/31

2,520,000

1,956,544

Senior

Bond

,

144A,

7

%

,

11/24/31

...

2,160,000

1,675,380

6,197,401

Ghana

0.6%

d

Ghana

Government

Bond

,

PIK,

8.35

%

,

2/16/27

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

5,701,226

GHS

257,333

PIK,

8.5

%

,

2/15/28

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

5,713,851

GHS

228,526

PIK,

8.65

%

,

2/13/29

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

5,684,580

GHS

205,120

PIK,

8.8

%

,

2/12/30

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

5,697,150

GHS

189,200

PIK,

8.95

%

,

2/11/31

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

4,720,816

GHS

146,056

PIK,

9.1

%

,

2/10/32

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

5,152,167

GHS

151,142

PIK,

9.25

%

,

2/08/33

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

5,163,535

GHS

143,853

PIK,

9.4

%

,

2/07/34

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

4,581,587

GHS

123,751

PIK,

9.55

%

,

2/06/35

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

4,263,681

GHS

112,693

PIK,

9.7

%

,

2/05/36

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

4,273,790

GHS

111,374

PIK,

9.85

%

,

2/03/37

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

4,283,913

GHS

110,744

PIK,

10

%

,

2/02/38

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

4,294,051

GHS

110,638

1,890,430

Hungary

0.0%

†

f

Hungary

Government

Bond

,

Senior

Bond

,

Reg

S,

1.5

%

,

11/17/50

......

160,000

EUR

101,317

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

See

Notes

to

Schedule

of

Investments.

Quarterly

Schedule

of

Investments

5

a

a

Industry

Principal

Amount

*

a

Value

a

a

a

a

a

a

Foreign

Government

and

Agency

Securities

(continued)

India

4.9%

India

Government

Bond

,

Senior

Bond

,

7.26

%

,

8/22/32

......

664,300,000

INR

$

8,205,920

Senior

Bond

,

7.18

%

,

8/14/33

......

221,200,000

INR

2,713,309

Senior

Note

,

7.1

%

,

4/18/29

.......

448,200,000

INR

5,438,337

16,357,566

Ivory

Coast

0.5%

f

Cote

d'Ivoire

Government

Bond

,

Senior

Bond

,

144A,

6.625

%

,

3/22/48

......

650,000

EUR

597,927

f

Ivory

Coast

Government

Bond

,

144A,

4.875

%

,

1/30/32

...........

340,000

EUR

335,068

Senior

Bond

,

144A,

4.875

%

,

1/30/32

600,000

EUR

591,297

1,524,292

Kazakhstan

3.3%

Kazakhstan

MEOKAM

,

10.67

%

,

1/21/26

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

159,600,000

KZT

324,170

15.35

%

,

11/18/27

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

27,100,000

KZT

60,197

Kazakhstan

MEUKAM

,

9

%

,

7/03/27

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

365,400,000

KZT

703,021

10.4

%

,

4/12/28

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

225,400,000

KZT

442,432

15.3

%

,

3/03/29

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

833,280,000

KZT

1,888,248

10.55

%

,

7/28/29

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

54,200,000

KZT

104,660

11

%

,

2/04/30

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

127,900,000

KZT

250,953

12

%

,

3/07/30

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

265,690,000

KZT

539,103

12

%

,

2/22/31

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

354,290,000

KZT

716,493

10.3

%

,

3/17/31

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

1,747,020,000

KZT

3,274,520

14

%

,

5/12/31

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

215,190,000

KZT

475,847

Senior

Bond

,

5

%

,

4/18/28

........

207,450,000

KZT

344,424

Senior

Bond

,

5.5

%

,

9/20/28

.......

388,700,000

KZT

642,127

Senior

Bond

,

7.68

%

,

8/13/29

......

564,500,000

KZT

978,978

10,745,173

Kenya

2.0%

f

Kenya

Government

Bond

,

Senior

Note

,

144A,

9.75

%

,

2/16/31

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

6,490,000

6,571,125

Mexico

4.1%

Mexican

Bonos

,

M

,

10

%

,

11/20/36

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

4,570,000

MXN

243,319

M

,

Senior

Bond

,

7.75

%

,

11/23/34

...

14,160,000

MXN

645,844

Mexican

Bonos

Desarr

Fixed

Rate

,

M

,

7.5

%

,

5/26/33

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

86,420,000

MXN

3,926,185

M

,

Senior

Bond

,

8.5

%

,

5/31/29

.....

13,800,000

MXN

684,357

M

,

Senior

Bond

,

8.5

%

,

11/18/38

....

8,380,000

MXN

392,236

M

,

Senior

Bond

,

7.75

%

,

11/13/42

...

18,030,000

MXN

764,772

Petroleos

Mexicanos

,

f

Senior

Bond

,

Reg

S,

4.875

%

,

2/21/28

1,920,000

EUR

2,045,893

f

Senior

Bond

,

Reg

S,

4.75

%

,

2/26/29

1,030,000

EUR

1,065,700

Senior

Note

,

6.84

%

,

1/23/30

......

4,240,000

3,929,086

13,697,392

Mongolia

0.6%

f

Mongolia

Government

Bond

,

Senior

Bond

,

144A,

4.45

%

,

7/07/31

.

1,450,000

1,291,328

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

Quarterly

Schedule

of

Investments

See

Notes

to

Schedule

of

Investments.

6

a

a

Industry

Principal

Amount

*

a

Value

a

a

a

a

a

a

Foreign

Government

and

Agency

Securities

(continued)

Mongolia

(continued)

f

Mongolia

Government

Bond,

(continued)

Senior

Note

,

144A,

3.5

%

,

7/07/27

..

630,000

$

585,714

1,877,042

Panama

1.4%

Panama

Government

Bond

,

Senior

Bond

,

6.4

%

,

2/14/35

.......

590,000

604,061

Senior

Bond

,

6.7

%

,

1/26/36

.......

2,650,000

2,768,201

Senior

Bond

,

6.875

%

,

1/31/36

.....

1,150,000

1,208,900

4,581,162

Romania

1.6%

f

Romania

Government

Bond

,

Senior

Bond

,

144A,

2.875

%

,

4/13/42

......

6,920,000

EUR

5,217,363

South

Africa

2.4%

South

Africa

Government

Bond

,

Senior

Bond

,

8.875

%

,

2/28/35

.....

88,070,000

ZAR

4,720,696

Senior

Bond

,

8.5

%

,

1/31/37

.......

25,320,000

ZAR

1,273,092

Senior

Bond

,

9

%

,

1/31/40

........

40,170,000

ZAR

2,035,320

8,029,108

Sri

Lanka

0.3%

e

,f

Sri

Lanka

Government

Bond

,

Senior

Bond

,

144A,

6.2

%

,

5/11/27

..

1,400,000

786,715

Senior

Bond

,

144A,

6.75

%

,

4/18/28

.

200,000

112,979

Senior

Bond

,

144A,

7.85

%

,

3/14/29

.

200,000

112,979

1,012,673

Supranational

1.3%

g

Asian

Development

Bank

,

Senior

Note

,

11.2

%

,

1/31/25

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

17,931,000,000

COP

4,251,954

Uruguay

1.9%

h

Uruguay

Government

Bond

,

Index

Linked,

Senior

Bond

,

3.7

%

,

6/26/37

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

49,469,293

UYU

1,212,039

Index

Linked,

Senior

Bond

,

3.875

%

,

7/02/40

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

206,153,204

UYU

5,154,487

6,366,526

Total

Foreign

Government

and

Agency

Securities

(Cost

$

120,890,923

)

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

119,007,679

U.S.

Government

and

Agency

Securities

1.2%

United

States

1.2%

U.S.

Treasury

Bonds

,

3.375

%,

8/15/42

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

3,020,000

2,726,435

3.75

%,

11/15/43

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

1,550,000

1,458,695

4,185,130

Total

U.S.

Government

and

Agency

Securities

(Cost

$

4,212,028

)

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

4,185,130

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

See

Notes

to

Schedule

of

Investments.

Quarterly

Schedule

of

Investments

7

a

a

Industry

Shares

a

Value

a

a

a

a

a

a

Escrows

and

Litigation

Trusts

0.0%

a,b

K2016470219

South

Africa

Ltd.,

Escrow

Account

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

168,113

$

—

Total

Escrows

and

Litigation

Trusts

(Cost

$

–

)

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

—

Total

Long

Term

Investments

(Cost

$

257,284,463

)

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

285,196,781

Short

Term

Investments

10.2%

a

a

Industry

Principal

Amount

*

a

Value

a

a

a

a

a

a

Foreign

Government

and

Agency

Securities

4.2%

Egypt

4.2%

i

Egypt

Treasury

Bills

,

3/04/25

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

316,200,000

EGP

5,853,612

3/18/25

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

432,175,000

EGP

7,922,514

13,776,126

Total

Foreign

Government

and

Agency

Securities

(Cost

$

13,977,869

)

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

13,776,126

Shares

Money

Market

Funds

6.0%

United

States

6.0%

j,k

Institutional

Fiduciary

Trust

-

Money

Market

Portfolio

,

4.74

%

..........

19,812,493

19,812,493

Total

Money

Market

Funds

(Cost

$

19,812,493

)

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

19,812,493

a

a

a

a

a

Total

Short

Term

Investments

(Cost

$

33,790,362

)

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

33,588,619

a

a

a

Total

Investments

(Cost

$

291,074,825

)

96.4

%

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

$318,785,400

Other

Assets,

less

Liabilities

3.6

%

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

12,086,425

Net

Assets

100.0%

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

$330,871,825

a

a

a

*

The

principal

amount

is

stated

in

U.S.

dollars

unless

otherwise

indicated.

†

Rounds

to

less

than

0.1%

of

net

assets.

a

Fair

valued

using

significant

unobservable

inputs.

See

Note

5

regarding

fair

value

measurements.

b

Non-income

producing.

c

See

Note

3

regarding

restricted

securities.

d

Income

may

be

received

in

additional

securities

and/or

cash.

e

Defaulted

security

or

security

for

which

income

has

been

deemed

uncollectible.

f

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,

2024,

the

aggregate

value

of

these

securities

was

$37,700,361,

representing

11.4%

of

net

assets.

g

A

supranational

organization

is

an

entity

formed

by

two

or

more

central

governments

through

international

treaties.

h

Principal

amount

of

security,

redemption

price

at

maturity,

and/or

coupon

payments

are

adjusted

for

inflation.

i

The

security

was

issued

on

a

discount

basis

with

no

stated

coupon

rate.

j

See

Note

4

regarding

investments

in

affiliated

management

investment

companies.

k

The

rate

shown

is

the

annualized

seven-day

effective

yield

at

period

end.

Templeton

Global

Investment

Trust

Schedule

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

Quarterly

Schedule

of

Investments

See

Notes

to

Schedule

of

Investments.

8

At

September

30,

2024

,

the

Fund

had

the

following

forward

exchange

contracts

outstanding.

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

Indian

Rupee

......

HSBK

Buy

130,568,000

1,561,165

10/03/24

$

—

$

(

2,830

)

Indian

Rupee

......

HSBK

Sell

130,568,000

1,559,021

10/03/24

686

—

Japanese

Yen

......

HSBK

Buy

88,900,000

601,814

10/07/24

17,156

—

Japanese

Yen

......

MSCO

Buy

79,300,000

536,881

10/07/24

15,249

—

Malaysian

Ringgit

...

GSCO

Buy

40,100,000

8,529,193

10/07/24

1,194,181

—

Norwegian

Krone

...

MSCO

Buy

18,480,000

1,687,301

10/10/24

64,294

—

Brazilian

Real

......

JPHQ

Buy

41,631,946

7,470,830

11/04/24

164,931

—

Chilean

Peso

......

HSBK

Buy

981,900,000

1,025,087

11/04/24

67,155

—

Chilean

Peso

......

HSBK

Buy

798,100,000

855,000

11/13/24

32,738

—

Chilean

Peso

......

JPHQ

Buy

902,400,000

967,058

11/13/24

36,696

—

Japanese

Yen

......

JPHQ

Buy

251,863,750

1,662,791

11/21/24

101,545

—

Australian

Dollar

....

DBAB

Buy

2,688,000

1,801,845

11/22/24

57,721

—

Australian

Dollar

....

JPHQ

Buy

4,277,000

2,868,113

11/22/24

90,728

—

Mexican

Peso

......

HSBK

Buy

39,094,220

2,000,617

11/22/24

—

(

31,097

)

Hungarian

Forint

....

BNDP

Buy

3,021,200,000

8,539,172

11/25/24

—

(

92,298

)

Mexican

Peso

......

BNDP

Buy

35,665,397

1,797,421

11/26/24

1,724

(

3,463

)

Mexican

Peso

......

HSBK

Buy

35,603,295

1,804,680

11/26/24

—

(

12,125

)

Australian

Dollar

....

MSCO

Buy

6,160,000

4,078,844

12/12/24

183,170

—

Chilean

Peso

......

JPHQ

Buy

1,185,600,000

1,267,506

12/16/24

50,903

—

Malaysian

Ringgit

...

GSCO

Buy

37,580,000

8,639,081

12/18/24

510,491

—

South

Korean

Won

..

DBAB

Buy

12,349,810,000

9,261,200

12/18/24

139,920

—

South

Korean

Won

..

HSBK

Buy

7,746,000,000

5,796,126

12/18/24

100,409

—

Thai

Baht

.........

DBAB

Buy

95,000,000

2,697,523

12/18/24

248,378

—

Thai

Baht

.........

DBAB

Sell

95,000,000

2,741,703

12/18/24

—

(

204,197

)

Indian

Rupee

......

HSBK

Buy

130,568,000

1,553,752

12/23/24

—

(

1,973

)

Japanese

Yen

......

BNDP

Buy

239,887,530

1,552,575

1/17/25

140,714

—

Japanese

Yen

......

BOFA

Buy

1,149,710,460

7,439,830

1/17/25

675,602

—

Japanese

Yen

......

DBAB

Buy

1,110,438,260

7,184,616

1/17/25

653,607

—

Norwegian

Krone

...

DBAB

Buy

40,861,000

3,767,067

2/12/25

105,560

—

Euro

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

HSBK

Buy

3,970,000

4,428,747

3/03/25

17,280

—

Mexican

Peso

......

BNDP

Buy

12,961,169

627,038

3/10/25

15,171

—

Total

Forward

Exchange

Contracts

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

$4,686,009

$(347,983)

Net

unrealized

appreciation

(depreciation)

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

$4,338,026

*

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

Schedule

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

(continued)

See

Notes

to

Schedule

of

Investments.

Quarterly

Schedule

of

Investments

9

At

September

30,

2024

,

the

Fund

had

the

following interest

rate swap

contracts

outstanding.

Interest

Rate

Swap

Contracts

Description

Payment

Frequency

Counter-

party

Maturity

Date

Notional

Amount

*

Value

Upfront

Payments

(Receipts)

Unrealized

Appreciation

(Depreciation)

aa

aa

aa

aa

Centrally

Cleared

Swap

Contracts

Receive

Fixed

11.38%

..

At

Maturity

Pay

Floating

1-day

BRL

CDI

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

At

Maturity

1/04/27

14,954,986

BRL

$

(

50,727

)

$

—

$

(

50,727

)

Receive

Fixed

11.5%

..

At

Maturity

Pay

Floating

1-day

BRL

CDI

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

At

Maturity

1/04/27

15,606,306

BRL

(

45,351

)

—

(

45,350

)

Receive

Fixed

11.342%

.

At

Maturity

Pay

Floating

1-day

BRL

CDI

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

At

Maturity

1/02/29

6,749,967

BRL

(

48,273

)

—

(

48,273

)

Total

Interest

Rate

Swap

Contracts

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

$(144,351)

$

—

$(144,350)

*

In

U.S.

dollars

unless

otherwise

indicated.

See

Abbreviations

on

page

14

.

Templeton

Global

Investment

Trust

Notes

to

Schedule

of

Investments

(unaudited)

Templeton

Global

Balanced

Fund

10

Quarterly

Schedule

of

Investments

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 three

separate

funds,

one

of

which is

included

in

this

report

(Fund).

The Fund

follows

the

accounting

and

reporting

guidance

in

Financial

Accounting

Standards

Board

(FASB)

Accounting

Standards

Codification

Topic

946,

Financial

Services

–

Investment

Companies

(ASC

946)

and

applies

the

specialized

accounting

and

reporting

guidance

in

U.S.

Generally

Accepted

Accounting

Principles

(U.S.

GAAP),

including,

but

not

limited

to,

ASC

946.

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

Board

has

designated

the

Fund's

investment

manager

as

the

valuation

designee

and

has

responsibility

for

oversight

of

valuation.

The

investment

manager

is

assisted

by

the

Fund's administrator

in

performing

this responsibility,

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.

Certain

derivative

financial

instruments

are

centrally

cleared

or

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,

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

Templeton

Global

Investment

Trust

Notes

to

Schedule

of

Investments

(unaudited)

11

Quarterly

Schedule

of

Investments

Templeton

Global

Balanced

Fund

(continued)

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. 

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,

2024,

certain

securities

may

have

been

fair

valued

using

these

procedures,

in

which

case

the

securities

were

categorized

as

Level

2

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.

Restricted

Securities

At

September

30,

2024,

investments

in

restricted

securities,

excluding

securities

exempt

from

registration

under

the

Securities

Act

of

1933,

were

as

follows:

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

$—

as

of

September

30,

2024.

2. Financial

Instrument

Valuation

(continued)

Templeton

Global

Investment

Trust

Notes

to

Schedule

of

Investments

(unaudited)

12

Quarterly

Schedule

of

Investments

Templeton

Global

Balanced

Fund

(continued)

4.

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,

2024,

the

Fund

held

investments

in

affiliated

management

investment

companies

as

follows:

5. 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.)

• 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,

2024,

in

valuing

the Fund's

assets

and

liabilities carried

at

fair

value,

is

as

follows:  

    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,

4.74%

.

$4,293,363

$125,194,089

$(109,674,959)

$—

$—

$19,812,493

19,812,493

$474,518

Non-Controlled

Affiliates

Income

from

securities

loaned

Institutional

Fiduciary

Trust

-

Money

Market

Portfolio,

4.74%

.

$—

$33,875,000

$(33,875,000)

$—

$—

$—

—

$43,261

Total

Affiliated

Securities

...

$4,293,363

$159,069,089

$(143,549,959)

$—

$—

$19,812,493

$517,779

Level

1

Level

2

Level

3

Total

Templeton

Global

Balanced

Fund

Assets:

Investments

in

Securities:

Common

Stocks

:

China

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

$

3,697,763

$

6,524,096

$

—

$

10,221,859

Germany

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

—

14,495,580

—

14,495,580

Hungary

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

3,330,806

—

—

3,330,806

Japan

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

—

16,982,387

—

16,982,387

Templeton

Global

Investment

Trust

Notes

to

Schedule

of

Investments

(unaudited)

13

Quarterly

Schedule

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.

Level

1

Level

2

Level

3

Total

Templeton

Global

Balanced

Fund

(continued)

Assets:

(continued)

Investments

in

Securities:

Common

Stocks:

Netherlands

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

$

—

$

2,997,093

$

—

$

2,997,093

South

Africa

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

—

—

—

a

—

South

Korea

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

—

10,257,474

—

10,257,474

Switzerland

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

—

1,861,858

—

1,861,858

Taiwan

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

—

5,446,553

—

5,446,553

United

Kingdom

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

4,369,873

28,567,950

—

32,937,823

United

States

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

54,980,120

8,492,419

—

63,472,539

Corporate

Bonds

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

—

—

—

a

—

Foreign

Government

and

Agency

Securities

....

—

119,007,679

—

119,007,679

U.S.

Government

and

Agency

Securities

.......

—

4,185,130

—

4,185,130

Escrows

and

Litigation

Trusts

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

—

—

—

a

—

Short

Term

Investments

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

19,812,493

13,776,126

—

33,588,619

Total

Investments

in

Securities

...........

$86,191,055

$232,594,345

b

$—

$318,785,400

Other

Financial

Instruments:

Forward

Exchange

Contracts

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

$—

$4,686,009

$—

$4,686,009

Total

Other

Financial

Instruments

.........

$—

$4,686,009

$—

$4,686,009

Liabilities:

Other

Financial

Instruments:

Forward

Exchange

Contracts

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

$

—

$

347,983

$

—

$

347,983

Swap

Contracts

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

—

144,350

—

144,350

Total

Other

Financial

Instruments

.........

$—

$492,333

$—

$492,333

a

Includes

financial

instruments

determined

to

have

no

value.

b

Includes

foreign

securities

valued

at

$95,625,410,

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.

5. Fair

Value

Measurements

(continued)

Templeton

Global

Investment

Trust

Notes

to

Schedule

of

Investments

(unaudited)

14

Quarterly

Schedule

of

Investments

Templeton

Global

Balanced

Fund

(continued)

Abbreviations

Counterparty

BNDP

BNP

Paribas

SA

BOFA

Bank

of

America

Corp.

DBAB

Deutsche

Bank

AG

GSCO

Goldman

Sachs

Group,

Inc.

HSBK

HSBC

Bank

plc

JPHQ

JPMorgan

Chase

Bank

NA

MSCO

Morgan

Stanley

Currency

AUD

Australian

Dollar

BRL

Brazilian

Real

COP

Colombian

Peso

EGP

Egyptian

Pound

EUR

Euro

GHS

Ghanaian

Cedi

INR

Indian

Rupee

KZT

Kazakhstani

Tenge

MXN

Mexican

Peso

UYU

Uruguayan

Peso

ZAR

South

African

Rand

Selected

Portfolio

ADR

American

Depositary

Receipt

CDI

certificado

de

deposito

interbancario

PIK

Payment-In-Kind

For

additional

information

on

the

Fund's

significant

accounting

policies,

please

refer

to

the Fund's

most

recent

semiannual

or

annual

shareholder

report.