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IE00B19Z7129

FTGF Western Asset Global High Yield Fund

As of 11/03/2025

NAV 1

$187.91

 
 

NAV Change 1

$-0.30

(-0.16%)
 

YTD Total Return At NAV

7.58%

 

This is a marketing communication. Please refer to the prospectus of the UCITS and to the KID before making any final investment decisions.

Overview

Western Asset logo
  • Summary of Fund Objective
  • What Are The Key Risks?
  • Sustainability-related Disclosures

Summary of Fund Objective

To seek to maximise income and growth of capital (total return). The generation of high income is a secondary objective. The Fund mainly invests, directly or indirectly through derivatives, in below investment grade (high yield) corporate and government bonds. These investments may be of any duration and be fixed or floating rate. These investments may be from anywhere in the world, including emerging markets.

What Are The Key Risks?

There is no guarantee that the fund will remain in the indicator category shown above and the categorisation of the fund may shift over time.  Historical data, which is used in calculating the indicator, may not be a reliable indicator of the future risk profile of this fund. The lowest category does not mean a risk-free investment.  The fund does not offer any capital guarantee or protection and you may not get back the amount invested.

The indicator is based on the volatility of the returns (past performance) of the reported share class (calculated on a 5 year rolling return basis). Where a share class is inactive / has less than 5 years of returns, the returns of a representative benchmark are used.

The fund is in its risk/reward category because investments in higher yielding, lower rated bonds from various countries have historically been subject to moderate fluctuations in value.

The fund is subject to the following risks which are materially relevant but may not be adequately captured by the indicator:

Bonds: There is a risk that issuers of bonds held by the fund may not be able to repay the investment or pay the interest due on it, leading to losses for the fund. Bond values are affected by the market's view of the above risk, and by changes in interest rates and inflation.
Convertible securities risk: the risk associated with the fact the Fund may invest in convertible securities, which may be low-rated and which may act like either a bond (when the underlying equity value is well below par value for the security) or a stock (when the underlying equity value approaches or exceeds par value).
Derivatives: The use of derivatives can result in greater fluctuations of the fund's value and may cause the fund to lose as much as or more than the amount invested.
Emerging markets investment: The fund may invest in the markets of countries which are smaller, less developed and regulated, and more volatile than the markets of more developed countries.
Fund counterparties: The fund may suffer losses if the parties that it trades with cannot meet their financial obligations.
Fund operations: The fund is subject to the risk of loss resulting from inadequate or failed internal processes, people or systems or those of third parties such as those responsible for the custody of its assets, especially to the extent that it invests in developing countries.
Hedging: The fund may use derivatives to reduce the risk of movements in exchange rates between the currency of the investments held by the fund and base currency of the fund itself (hedging). However, hedging transactions can also expose the fund to additional risks, such as the risk that the counterparty to the transaction may not be able to make its payments, which may result in loss to the fund.
Interest rates: Changes in interest rates may negatively affect the value of the fund. Typically as interest rates rise, bond values fall.
Liquidity: In certain circumstances it may be difficult to sell the fund's investments because there may not be enough demand for them in the markets, in which case the fund may not be able to minimise a loss on such investments.
Low rated bonds: The fund may invest in lower rated or unrated bonds of similar quality, which carry a higher degree of risk than higher rated bonds.
Sustainability: The fund's integration of sustainability risks in the investment decision process may have the effect of excluding profitable investments from the investment universe of the fund and may also cause the fund to sell investments that will continue to perform well. A sustainability risk could materialise due to an environmental, social or governance event or condition which may impact the fund's investments and negatively affect the returns of the fund.

For further explanation on the risks associated with an investment in the fund, please refer to the section entitled "Risk Factors" in the base prospectus and "Primary Risks" in the fund supplement. Complete information on the risks of investing in the Fund are set out in the Fund’s prospectus.

Sustainability-related Disclosures

The Fund promotes environmental and social characteristics in accordance with Article 8 of the Sustainable Finance Disclosure Regulation (the “SFDR”).

In its implementation of the Fund’s Environmental Social and Governance (ESG) strategy, the Investment Manager integrates environmental, social and governance considerations into its research, investment process and risk management. The Fund seeks to allocate to green, social, sustainable and sustainability-linked bonds the proceeds of which are used for green and social projects. In addition, the Fund refrains from investing in issuers and projects that could cause significant harm to the sustainable investment objectives.

The Fund’s environmental or social characteristics are assessed both quantitatively and qualitatively, by means of sustainability indicators as well as of the Investment Manager’s direct qualitative research, a proprietary Principal Adverse Impact (PAI) indicator tool, Sustainable Development Goals (SDG)-alignment and engagement as further described in the website disclosure’s dedicated sections. As part of its investment decision making process, the Fund’s ESG strategy also uses binding criteria for the selection of underlying assets and applies specific ESG exclusions.

Finally, the Fund has a minimum allocation of 1% of its portfolio to sustainable investments. The Fund ensures that its sustainable investments do not cause significant harm to any environmental or social sustainable investment objective.

Please click here for more information.

Fund Information
Total Net Assets  As of 09/30/2025 (Updated Monthly)
$39.67 Million
Fund Inception Date 
04/20/2007
Share Class Inception Date 
04/20/2007
Inception Date (Performance) 
04/20/2007
Base Currency for Fund 
USD
Base Currency for Share Class 
USD
Benchmark 
Bloomberg Global High Yield Index (Hedged) Since May 2009
Asset Class 
Fixed Income
Investment Manager 
Western Asset Management
Legal Umbrella 
Franklin Templeton Global Funds plc
Domicile 
Ireland
EU SFDR Category 
Article 8
Minimum Investment 
Closed to future investment
Sales Charges, Expenses & Fees 3
Initial Charge  As of 10/31/2025
0.00%
Ongoing Charges2  As of 10/31/2025
2.07%
Identifiers
ISIN Code 
IE00B19Z7129
Bloomberg Code 
LGHYLGA ID
SEDOL Code 
B19Z712
CUSIP Code 
G54423226

Performance

  • Average Annual Total Returns
  • Cumulative Total Returns
  • Calendar Year Returns
  • Risk Measures

Average Annual Total Returns

Average Annual Total Returns

As of 09/30/2025

Past performance does not predict future returns. 

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 2.22 to 12.9.
End of interactive chart.

Month End   As of 09/30/2025
L (G) USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
7.43
3 Years  
9.24
5 Years  
2.22
10 Years  
3.67
15 Years  
3.38
Since Inception   04/20/2007
3.46
Month End   As of 09/30/2025
Bloomberg Global High Yield Index (Hedged) Since May 2009 (%)
Currency  
USD
1 Year  
8.63
3 Years  
12.90
5 Years  
5.67
10 Years  
6.03
15 Years  
6.20
Since Inception   04/20/2007
6.69
Month End   As of 09/30/2025
A (G) USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
7.97
3 Years  
9.78
5 Years  
2.74
10 Years  
4.19
15 Years  
3.90
Since Inception  
3.98
Fund Overview  
View
Month End   As of 09/30/2025
A (G) USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
7.94
3 Years  
9.76
5 Years  
2.72
10 Years  
4.18
15 Years  
3.89
Since Inception  
3.96
Fund Overview  
View
Month End   As of 09/30/2025
A AUD DIS (M) H PLUS - Without Sales Charge (NAV) (%)
Currency  
AUD
1 Year  
7.70
3 Years  
8.82
5 Years  
1.89
10 Years  
3.62
15 Years  
4.50
Since Inception  
4.86
Fund Overview  
View
Month End   As of 09/30/2025
A EUR ACC - Without Sales Charge (NAV) (%)
Currency  
EUR
1 Year  
2.74
3 Years  
3.67
5 Years  
2.86
10 Years  
—
15 Years  
—
Since Inception  
2.56
Fund Overview  
View
Month End   As of 09/30/2025
A EUR DIS (D) H - Without Sales Charge (NAV) (%)
Currency  
EUR
1 Year  
6.17
3 Years  
7.85
5 Years  
1.06
10 Years  
2.15
15 Years  
—
Since Inception  
1.61
Fund Overview  
View
Month End   As of 09/30/2025
A SGD DIS (M) H PLUS - Without Sales Charge (NAV) (%)
Currency  
SGD
1 Year  
6.19
3 Years  
8.31
5 Years  
1.81
10 Years  
3.37
15 Years  
—
Since Inception  
3.02
Fund Overview  
View
Month End   As of 09/30/2025
A USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
8.36
3 Years  
10.11
5 Years  
2.90
10 Years  
4.19
15 Years  
3.86
Since Inception  
3.92
Fund Overview  
View
Month End   As of 09/30/2025
A USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
8.32
3 Years  
10.09
5 Years  
2.88
10 Years  
4.19
15 Years  
3.86
Since Inception  
5.45
Fund Overview  
View
Month End   As of 09/30/2025
A USD DIS (M) - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
8.37
3 Years  
10.12
5 Years  
2.89
10 Years  
4.19
15 Years  
3.85
Since Inception  
4.37
Fund Overview  
View
Month End   As of 09/30/2025
A USD DIS (M) PLUS - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
8.35
3 Years  
10.11
5 Years  
2.89
10 Years  
4.19
15 Years  
—
Since Inception  
3.17
Fund Overview  
View
Month End   As of 09/30/2025
B USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
—
3 Years  
—
5 Years  
—
10 Years  
—
15 Years  
—
Since Inception  
—
Fund Overview  
View
Month End   As of 09/30/2025
B USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
—
3 Years  
—
5 Years  
—
10 Years  
—
15 Years  
—
Since Inception  
—
Fund Overview  
View
Month End   As of 09/30/2025
C USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
7.82
3 Years  
9.57
5 Years  
2.38
10 Years  
3.67
15 Years  
3.34
Since Inception  
3.66
Fund Overview  
View
Month End   As of 09/30/2025
C USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
7.79
3 Years  
9.55
5 Years  
2.37
10 Years  
3.67
15 Years  
3.34
Since Inception  
4.99
Fund Overview  
View
Month End   As of 09/30/2025
E EUR DIS (M) H - Without Sales Charge (NAV) (%)
Currency  
EUR
1 Year  
5.33
3 Years  
7.04
5 Years  
0.35
10 Years  
1.51
15 Years  
—
Since Inception  
0.66
Fund Overview  
View
Month End   As of 09/30/2025
E USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
7.49
3 Years  
9.29
5 Years  
2.18
10 Years  
3.51
15 Years  
3.20
Since Inception  
3.55
Fund Overview  
View
Month End   As of 09/30/2025
E USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
7.45
3 Years  
9.27
5 Years  
2.17
10 Years  
3.51
15 Years  
3.20
Since Inception  
4.33
Fund Overview  
View
Month End   As of 09/30/2025
F USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
8.57
3 Years  
10.39
5 Years  
3.30
10 Years  
4.76
15 Years  
—
Since Inception  
4.26
Fund Overview  
View
Month End   As of 09/30/2025
F USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
8.53
3 Years  
10.36
5 Years  
3.28
10 Years  
4.73
15 Years  
—
Since Inception  
4.29
Fund Overview  
View
Month End   As of 09/30/2025
L (G) USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
7.40
3 Years  
9.22
5 Years  
2.21
10 Years  
3.66
15 Years  
3.38
Since Inception  
3.44
Fund Overview  
View
Month End   As of 09/30/2025
PR EUR ACC H - Without Sales Charge (NAV) (%)
Currency  
EUR
1 Year  
6.68
3 Years  
8.38
5 Years  
1.71
10 Years  
2.98
15 Years  
—
Since Inception  
2.39
Fund Overview  
View
Month End   As of 09/30/2025
PR GBP DIS (D) H - Without Sales Charge (NAV) (%)
Currency  
GBP
1 Year  
8.60
3 Years  
10.05
5 Years  
3.02
10 Years  
4.06
15 Years  
—
Since Inception  
4.12
Fund Overview  
View
Month End   As of 09/30/2025
PR USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
1 Year  
—
3 Years  
—
5 Years  
—
10 Years  
—
15 Years  
—
Since Inception  
—
Fund Overview  
View

The fund’s returns may increase or decrease as a result of changes to foreign exchange rates. 

Source for performance figures - Franklin Templeton. NAV to NAV, with gross income reinvested without initial charges but reflecting annual management fees. Sales charges, taxes and other locally applied costs have not been deducted, had they been deducted performance results would be lower. See the KID or prospectus for maximum sales charge information, if any. Investment return and principal value of an investment in the Fund will fluctuate, and shares may be worth more or less than their original cost when redeemed. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Cumulative returns and returns of less than one year are not annualized.

Performance shown includes periods prior to the Fund’s inception date, reflecting performance of a predecessor fund with a substantially similar investment objective and policy and whose assets were transferred into this Fund on the date indicated above. The performance data should be used for illustrative purposes only, as performance prior to the inception date has not been adjusted to reflect the higher fees of the Fund. 


Cumulative Total Returns

Cumulative Total Returns

As of 09/30/2025

Past performance does not predict future returns. 

Chart

Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 2007-04-01 00:00:00 to 2025-09-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 64 to 342.82.
End of interactive chart.

Month End   As of 09/30/2025
L (G) USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.25
1 Month  
0.69
3 Months  
2.75
6 Months  
6.11
1 Year  
7.43
3 Years  
30.34
5 Years  
11.63
10 Years  
43.33
15 Years  
64.71
Since Inception   04/20/2007
87.33
Month End   As of 09/30/2025
Bloomberg Global High Yield Index (Hedged) Since May 2009 (%)
Currency  
USD
YTD  
7.49
1 Month  
0.64
3 Months  
2.71
6 Months  
6.25
1 Year  
8.63
3 Years  
43.89
5 Years  
31.77
10 Years  
79.66
15 Years  
146.45
Since Inception   04/20/2007
230.63
Month End   As of 09/30/2025
A (G) USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.65
1 Month  
0.73
3 Months  
2.88
6 Months  
6.37
1 Year  
7.97
3 Years  
32.31
5 Years  
14.46
10 Years  
50.68
15 Years  
77.55
Since Inception  
105.44
Fund Overview  
View
Month End   As of 09/30/2025
A (G) USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.64
1 Month  
0.74
3 Months  
2.87
6 Months  
6.34
1 Year  
7.94
3 Years  
32.24
5 Years  
14.34
10 Years  
50.59
15 Years  
77.29
Since Inception  
104.68
Fund Overview  
View
Month End   As of 09/30/2025
A AUD DIS (M) H PLUS - Without Sales Charge (NAV) (%)
Currency  
AUD
YTD  
7.42
1 Month  
0.68
3 Months  
2.77
6 Months  
6.09
1 Year  
7.70
3 Years  
28.87
5 Years  
9.80
10 Years  
42.69
15 Years  
93.54
Since Inception  
106.44
Fund Overview  
View
Month End   As of 09/30/2025
A EUR ACC - Without Sales Charge (NAV) (%)
Currency  
EUR
YTD  
-4.77
1 Month  
0.40
3 Months  
3.32
6 Months  
-1.87
1 Year  
2.74
3 Years  
11.42
5 Years  
15.15
10 Years  
—
15 Years  
—
Since Inception  
23.50
Fund Overview  
View
Month End   As of 09/30/2025
A EUR DIS (D) H - Without Sales Charge (NAV) (%)
Currency  
EUR
YTD  
6.25
1 Month  
0.56
3 Months  
2.29
6 Months  
5.28
1 Year  
6.17
3 Years  
25.44
5 Years  
5.44
10 Years  
23.67
15 Years  
—
Since Inception  
23.05
Fund Overview  
View
Month End   As of 09/30/2025
A SGD DIS (M) H PLUS - Without Sales Charge (NAV) (%)
Currency  
SGD
YTD  
6.21
1 Month  
0.48
3 Months  
2.24
6 Months  
5.33
1 Year  
6.19
3 Years  
27.06
5 Years  
9.41
10 Years  
39.32
15 Years  
—
Since Inception  
54.98
Fund Overview  
View
Month End   As of 09/30/2025
A USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.94
1 Month  
0.75
3 Months  
2.97
6 Months  
6.55
1 Year  
8.36
3 Years  
33.51
5 Years  
15.35
10 Years  
50.79
15 Years  
76.43
Since Inception  
103.46
Fund Overview  
View
Month End   As of 09/30/2025
A USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.92
1 Month  
0.77
3 Months  
2.97
6 Months  
6.51
1 Year  
8.32
3 Years  
33.43
5 Years  
15.26
10 Years  
50.70
15 Years  
76.48
Since Inception  
298.24
Fund Overview  
View
Month End   As of 09/30/2025
A USD DIS (M) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.94
1 Month  
0.75
3 Months  
2.97
6 Months  
6.55
1 Year  
8.37
3 Years  
33.52
5 Years  
15.34
10 Years  
50.69
15 Years  
76.25
Since Inception  
112.84
Fund Overview  
View
Month End   As of 09/30/2025
A USD DIS (M) PLUS - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.94
1 Month  
0.75
3 Months  
2.98
6 Months  
6.55
1 Year  
8.35
3 Years  
33.51
5 Years  
15.34
10 Years  
50.71
15 Years  
—
Since Inception  
49.34
Fund Overview  
View
Month End   As of 09/30/2025
B USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
—
1 Month  
—
3 Months  
—
6 Months  
—
1 Year  
—
3 Years  
—
5 Years  
—
10 Years  
—
15 Years  
—
Since Inception  
—
Fund Overview  
View
Month End   As of 09/30/2025
B USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
—
1 Month  
—
3 Months  
—
6 Months  
—
1 Year  
—
3 Years  
—
5 Years  
—
10 Years  
—
15 Years  
—
Since Inception  
—
Fund Overview  
View
Month End   As of 09/30/2025
C USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.54
1 Month  
0.71
3 Months  
2.84
6 Months  
6.28
1 Year  
7.82
3 Years  
31.53
5 Years  
12.50
10 Years  
43.44
15 Years  
63.70
Since Inception  
90.37
Fund Overview  
View
Month End   As of 09/30/2025
C USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.54
1 Month  
0.73
3 Months  
2.84
6 Months  
6.26
1 Year  
7.79
3 Years  
31.46
5 Years  
12.42
10 Years  
43.38
15 Years  
63.67
Since Inception  
255.75
Fund Overview  
View
Month End   As of 09/30/2025
E EUR DIS (M) H - Without Sales Charge (NAV) (%)
Currency  
EUR
YTD  
5.59
1 Month  
0.50
3 Months  
2.12
6 Months  
4.91
1 Year  
5.33
3 Years  
22.64
5 Years  
1.77
10 Years  
16.13
15 Years  
—
Since Inception  
8.29
Fund Overview  
View
Month End   As of 09/30/2025
E USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.29
1 Month  
0.69
3 Months  
2.77
6 Months  
6.13
1 Year  
7.49
3 Years  
30.54
5 Years  
11.40
10 Years  
41.26
15 Years  
60.34
Since Inception  
72.97
Fund Overview  
View
Month End   As of 09/30/2025
E USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.27
1 Month  
0.70
3 Months  
2.75
6 Months  
6.10
1 Year  
7.45
3 Years  
30.47
5 Years  
11.34
10 Years  
41.17
15 Years  
60.51
Since Inception  
94.69
Fund Overview  
View
Month End   As of 09/30/2025
F USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
8.09
1 Month  
0.77
3 Months  
3.03
6 Months  
6.66
1 Year  
8.57
3 Years  
34.51
5 Years  
17.65
10 Years  
59.18
15 Years  
—
Since Inception  
85.01
Fund Overview  
View
Month End   As of 09/30/2025
F USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
8.06
1 Month  
0.78
3 Months  
3.02
6 Months  
6.63
1 Year  
8.53
3 Years  
34.40
5 Years  
17.51
10 Years  
58.79
15 Years  
—
Since Inception  
85.69
Fund Overview  
View
Month End   As of 09/30/2025
L (G) USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.23
1 Month  
0.70
3 Months  
2.75
6 Months  
6.08
1 Year  
7.40
3 Years  
30.30
5 Years  
11.58
10 Years  
43.32
15 Years  
64.64
Since Inception  
86.84
Fund Overview  
View
Month End   As of 09/30/2025
PR EUR ACC H - Without Sales Charge (NAV) (%)
Currency  
EUR
YTD  
6.62
1 Month  
0.60
3 Months  
2.46
6 Months  
5.59
1 Year  
6.68
3 Years  
27.31
5 Years  
8.86
10 Years  
34.07
15 Years  
—
Since Inception  
35.83
Fund Overview  
View
Month End   As of 09/30/2025
PR GBP DIS (D) H - Without Sales Charge (NAV) (%)
Currency  
GBP
YTD  
8.07
1 Month  
0.78
3 Months  
3.00
6 Months  
6.57
1 Year  
8.60
3 Years  
33.27
5 Years  
16.05
10 Years  
48.84
15 Years  
—
Since Inception  
76.98
Fund Overview  
View
Month End   As of 09/30/2025
PR USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
—
1 Month  
—
3 Months  
—
6 Months  
—
1 Year  
—
3 Years  
—
5 Years  
—
10 Years  
—
15 Years  
—
Since Inception  
—
Fund Overview  
View

The fund’s returns may increase or decrease as a result of changes to foreign exchange rates. 

Source for performance figures - Franklin Templeton. NAV to NAV, with gross income reinvested without initial charges but reflecting annual management fees. Sales charges, taxes and other locally applied costs have not been deducted, had they been deducted performance results would be lower. See the KID or prospectus for maximum sales charge information, if any. Investment return and principal value of an investment in the Fund will fluctuate, and shares may be worth more or less than their original cost when redeemed. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Cumulative returns and returns of less than one year are not annualized.

Performance shown includes periods prior to the Fund’s inception date, reflecting performance of a predecessor fund with a substantially similar investment objective and policy and whose assets were transferred into this Fund on the date indicated above. The performance data should be used for illustrative purposes only, as performance prior to the inception date has not been adjusted to reflect the higher fees of the Fund. 


Calendar Year Returns

Calendar Year Returns

As of 09/30/2025

Past performance does not predict future returns. 

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -15.56 to 15.6.
End of interactive chart.

Month End   As of 09/30/2025
L (G) USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.25
2024  
6.55
2023  
8.35
2022  
-15.56
2021  
0.58
2020  
5.82
2019  
13.86
2018  
-5.02
2017  
7.46
2016  
14.12
2015  
-8.53
Performance Inception Date  
04/20/2007
Month End   As of 09/30/2025
Bloomberg Global High Yield Index (Hedged) Since May 2009 (%)
Currency  
USD
YTD  
7.49
2024  
10.71
2023  
13.66
2022  
-11.05
2021  
2.52
2020  
5.73
2019  
13.34
2018  
-2.72
2017  
8.42
2016  
15.60
2015  
-0.69
Performance Inception Date  
—
Month End   As of 09/30/2025
A (G) USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.65
2024  
7.08
2023  
8.90
2022  
-15.13
2021  
1.08
2020  
6.36
2019  
14.43
2018  
-4.54
2017  
8.00
2016  
14.68
2015  
-8.06
Performance Inception Date  
04/20/2007
Fund Overview  
View
Month End   As of 09/30/2025
A (G) USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.64
2024  
7.06
2023  
8.89
2022  
-15.12
2021  
1.06
2020  
6.50
2019  
14.43
2018  
-4.62
2017  
8.03
2016  
14.65
2015  
-8.11
Performance Inception Date  
04/20/2007
Fund Overview  
View
Month End   As of 09/30/2025
A AUD DIS (M) H PLUS - Without Sales Charge (NAV) (%)
Currency  
AUD
YTD  
7.42
2024  
6.26
2023  
7.45
2022  
-16.04
2021  
0.51
2020  
4.67
2019  
13.07
2018  
-4.96
2017  
8.38
2016  
15.77
2015  
-6.39
Performance Inception Date  
06/28/2010
Fund Overview  
View
Month End   As of 09/30/2025
A EUR ACC - Without Sales Charge (NAV) (%)
Currency  
EUR
YTD  
-4.77
2024  
14.50
2023  
5.86
2022  
-9.67
2021  
8.30
2020  
-2.46
2019  
16.71
2018  
-0.18
2017  
—
2016  
—
2015  
—
Performance Inception Date  
05/23/2017
Fund Overview  
View
Month End   As of 09/30/2025
A EUR DIS (D) H - Without Sales Charge (NAV) (%)
Currency  
EUR
YTD  
6.25
2024  
5.60
2023  
6.85
2022  
-16.95
2021  
0.00
2020  
4.57
2019  
10.90
2018  
-7.53
2017  
5.65
2016  
12.94
2015  
-8.57
Performance Inception Date  
09/25/2012
Fund Overview  
View
Month End   As of 09/30/2025
A SGD DIS (M) H PLUS - Without Sales Charge (NAV) (%)
Currency  
SGD
YTD  
6.21
2024  
5.56
2023  
7.49
2022  
-15.33
2021  
0.89
2020  
5.54
2019  
13.45
2018  
-5.60
2017  
7.19
2016  
14.65
2015  
-7.45
Performance Inception Date  
01/18/2011
Fund Overview  
View
Month End   As of 09/30/2025
A USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.94
2024  
7.43
2023  
9.17
2022  
-15.03
2021  
0.94
2020  
6.21
2019  
14.27
2018  
-4.68
2017  
7.85
2016  
14.53
2015  
-8.21
Performance Inception Date  
04/20/2007
Fund Overview  
View
Month End   As of 09/30/2025
A USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.92
2024  
7.40
2023  
9.16
2022  
-15.02
2021  
0.95
2020  
6.34
2019  
14.27
2018  
-4.76
2017  
7.88
2016  
14.48
2015  
-8.24
Performance Inception Date  
09/20/1999
Fund Overview  
View
Month End   As of 09/30/2025
A USD DIS (M) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.94
2024  
7.43
2023  
9.16
2022  
-15.03
2021  
0.92
2020  
6.20
2019  
14.26
2018  
-4.69
2017  
7.84
2016  
14.51
2015  
-8.21
Performance Inception Date  
01/30/2008
Fund Overview  
View
Month End   As of 09/30/2025
A USD DIS (M) PLUS - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.94
2024  
7.44
2023  
9.15
2022  
-15.03
2021  
0.93
2020  
6.20
2019  
14.25
2018  
-4.69
2017  
7.84
2016  
14.52
2015  
-8.21
Performance Inception Date  
11/21/2012
Fund Overview  
View
Month End   As of 09/30/2025
B USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
—
2024  
—
2023  
—
2022  
—
2021  
—
2020  
—
2019  
—
2018  
—
2017  
—
2016  
—
2015  
—
Performance Inception Date  
12/31/2050
Fund Overview  
View
Month End   As of 09/30/2025
B USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
—
2024  
—
2023  
—
2022  
—
2021  
—
2020  
—
2019  
—
2018  
—
2017  
—
2016  
—
2015  
—
Performance Inception Date  
12/31/2050
Fund Overview  
View
Month End   As of 09/30/2025
C USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.54
2024  
6.90
2023  
8.63
2022  
-15.46
2021  
0.44
2020  
5.67
2019  
13.70
2018  
-5.15
2017  
7.32
2016  
13.96
2015  
-8.66
Performance Inception Date  
11/15/2007
Fund Overview  
View
Month End   As of 09/30/2025
C USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.54
2024  
6.87
2023  
8.60
2022  
-15.45
2021  
0.43
2020  
5.80
2019  
13.71
2018  
-5.22
2017  
7.34
2016  
13.92
2015  
-8.71
Performance Inception Date  
09/20/1999
Fund Overview  
View
Month End   As of 09/30/2025
E EUR DIS (M) H - Without Sales Charge (NAV) (%)
Currency  
EUR
YTD  
5.59
2024  
4.84
2023  
6.06
2022  
-17.57
2021  
-0.59
2020  
3.85
2019  
10.26
2018  
-7.92
2017  
5.17
2016  
12.32
2015  
-9.19
Performance Inception Date  
08/02/2013
Fund Overview  
View
Month End   As of 09/30/2025
E USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.29
2024  
6.61
2023  
8.42
2022  
-15.58
2021  
0.33
2020  
5.56
2019  
13.58
2018  
-5.26
2017  
7.20
2016  
13.83
2015  
-8.76
Performance Inception Date  
01/21/2010
Fund Overview  
View
Month End   As of 09/30/2025
E USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.27
2024  
6.58
2023  
8.41
2022  
-15.57
2021  
0.33
2020  
5.68
2019  
13.59
2018  
-5.33
2017  
7.22
2016  
13.76
2015  
-8.82
Performance Inception Date  
01/21/2010
Fund Overview  
View
Month End   As of 09/30/2025
F USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
8.09
2024  
7.67
2023  
9.50
2022  
-14.67
2021  
1.64
2020  
6.95
2019  
15.05
2018  
-4.01
2017  
8.60
2016  
15.31
2015  
-7.56
Performance Inception Date  
01/04/2011
Fund Overview  
View
Month End   As of 09/30/2025
F USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
8.06
2024  
7.65
2023  
9.47
2022  
-14.68
2021  
1.64
2020  
7.09
2019  
15.07
2018  
-4.25
2017  
8.63
2016  
15.26
2015  
-7.59
Performance Inception Date  
01/04/2011
Fund Overview  
View
Month End   As of 09/30/2025
L (G) USD DIS (D) - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
7.23
2024  
6.54
2023  
8.34
2022  
-15.53
2021  
0.58
2020  
5.94
2019  
13.87
2018  
-5.09
2017  
7.54
2016  
14.07
2015  
-8.56
Performance Inception Date  
04/20/2007
Fund Overview  
View
Month End   As of 09/30/2025
PR EUR ACC H - Without Sales Charge (NAV) (%)
Currency  
EUR
YTD  
6.62
2024  
6.11
2023  
7.42
2022  
-16.44
2021  
0.97
2020  
5.48
2019  
11.92
2018  
-6.45
2017  
6.75
2016  
13.95
2015  
-7.73
Performance Inception Date  
10/12/2012
Fund Overview  
View
Month End   As of 09/30/2025
PR GBP DIS (D) H - Without Sales Charge (NAV) (%)
Currency  
GBP
YTD  
8.07
2024  
7.58
2023  
9.01
2022  
-15.24
2021  
1.63
2020  
5.97
2019  
13.23
2018  
-5.54
2017  
7.56
2016  
14.81
2015  
-7.31
Performance Inception Date  
08/12/2011
Fund Overview  
View
Month End   As of 09/30/2025
PR USD ACC - Without Sales Charge (NAV) (%)
Currency  
USD
YTD  
—
2024  
—
2023  
—
2022  
—
2021  
—
2020  
—
2019  
—
2018  
—
2017  
—
2016  
—
2015  
—
Performance Inception Date  
12/31/2050
Fund Overview  
View

The fund’s returns may increase or decrease as a result of changes to foreign exchange rates. 

Source for performance figures - Franklin Templeton. NAV to NAV, with gross income reinvested without initial charges but reflecting annual management fees. Sales charges, taxes and other locally applied costs have not been deducted, had they been deducted performance results would be lower. See the KID or prospectus for maximum sales charge information, if any. Investment return and principal value of an investment in the Fund will fluctuate, and shares may be worth more or less than their original cost when redeemed. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Cumulative returns and returns of less than one year are not annualized.

Performance shown includes periods prior to the Fund’s inception date, reflecting performance of a predecessor fund with a substantially similar investment objective and policy and whose assets were transferred into this Fund on the date indicated above. The performance data should be used for illustrative purposes only, as performance prior to the inception date has not been adjusted to reflect the higher fees of the Fund. 


Risk Measures

Risk Measures

 As of 09/30/2025
Measured against: Bloomberg Global High Yield Index (Hedged) Since May 2009
Statistics 3 Years 5 Years 10 Years
Alpha (%)-4.74-3.62 -2.39
Beta1.221.17 1.05
R-Squared0.910.96 0.94
Historical Tracking Error2.282.07 2.09
Information Ratio-1.61-1.66 -1.13
Upside Capture Ratio88.3293.02 95.49
Downside Capture Ratio186.17136.63 124.61
Standard Deviation (%) 3 Years 5 Years 10 Years
L (G) USD ACC - Without Sales Charge (NAV)6.548.43 8.43
Sharpe Ratio (%) 3 Years 5 Years 10 Years
L (G) USD ACC - Without Sales Charge (NAV)0.64-0.06 0.22

The fund’s returns may increase or decrease as a result of changes to foreign exchange rates. 

Source for performance figures - Franklin Templeton. NAV to NAV, with gross income reinvested without initial charges but reflecting annual management fees. Sales charges, taxes and other locally applied costs have not been deducted, had they been deducted performance results would be lower. See the KID or prospectus for maximum sales charge information, if any. Investment return and principal value of an investment in the Fund will fluctuate, and shares may be worth more or less than their original cost when redeemed. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Cumulative returns and returns of less than one year are not annualized.


Portfolio

Assets

As of 09/30/2025 Updated Monthly
Total Net Assets 
$39.67 Million

Positions

As of 09/30/2025 Updated Monthly
Number of Holdings 
274

Portfolio Statistics

As of 09/30/2025 Updated Monthly
Cash Flow 
6.86%
Effective Duration 
3.69 Yrs
Weighted Average Life 
6.11 Yrs
Yield to Worst 
7.13%
Current Yield 
6.75%

Portfolio Allocations

  • Geography
  • Sector
  • Currency

Geography

Geographic Allocation

As of 09/30/2025 Market Value % of Total Updated Monthly

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.1473 to 46.9146.
End of interactive chart.
Fund Benchmark
United States 46.88% 46.91%
United Kingdom 5.75% 3.70%
Turkiye 3.77% 4.27%
Canada 3.07% 2.23%
Brazil 2.64% —
Argentina 2.41% —
Cayman Islands 2.41% 0.15%
Germany 2.30% 2.28%
Mexico 2.25% —
Italy 1.85% 2.32%
Colombia 1.69% 2.10%
Israel 1.68% 0.70%
Other 1.59% 8.30%
France 1.39% 3.31%
Dominican Republic 1.38% 0.98%
Luxembourg 1.25% 1.12%
Chile 1.24% 0.19%
Netherlands 1.18% 0.90%
Ireland 1.01% 0.26%
Ivory Coast 1.01% 0.43%
Guatemala 0.96% 0.51%
Egypt 0.92% 0.90%
Sweden 0.86% 0.77%
Republic of Angola 0.83% 0.32%
Peru 0.77% —
Jersey Islands 0.77% 0.20%
Nigeria 0.76% 0.68%
Bahrain 0.71% 1.01%
Hong Kong 0.69% 0.16%
Jordan 0.64% 0.18%
Switzerland 0.57% 0.22%
Oman 0.56% 0.77%
United Arab Emirates 0.55% 0.95%
United Republic of Tanzania 0.53% —
Costa Rica 0.53% 0.28%
Morocco 0.51% 0.58%
South Africa 0.51% 0.97%
Ecuador 0.50% 0.36%
Japan 0.47% 0.94%
Cash & Cash Equivalents 0.59% —

Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions. 

Sector

Sector Allocation

As of 09/30/2025 Market Value % of Total Updated Monthly

Chart

Bar chart with 15 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.07207 to 18.58976.
End of interactive chart.
Fund
Consumer Cyclical 18.59%
Communications 14.97%
Emerging Markets Government 14.07%
Finance 10.66%
Structured 9.00%
Energy 6.93%
Consumer Non-Cyclical 6.19%
Capital Goods 5.45%
Technology 3.88%
Basic Industry 3.41%
Transportation 3.06%
Utility 1.94%
Industrial Other 1.19%
Other 0.07%
Cash & Cash Equivalents 0.59%

Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions. 

Currency

Currency Exposure

As of 09/30/2025 Notional Exposure % of Total Updated Monthly

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -0.1041 to 100.1153.
End of interactive chart.
Fund Benchmark
US Dollar 95.48% 100.12%
Euro 2.58% -0.10%
British Pound 1.74% -0.01%
Russian Ruble 0.19% —
Hong Kong Dollar 0.00% —
Turkish Lira 0.00% —
Argentine Peso 0.00% —

Portfolio Holdings

  • Holdings
  • Top 10 Issuers

Holdings

Holdings

As of 09/30/2025 Updated Monthly
Security Name 
BNYMELLON CASH RESERVE USD
Sector Name 
—
Weight (%) 
3.96
Market Value ($) 
1,549,983
Quantity 
1,549,983
Security Name 
MARSTONS ISSUER PLC 6.7383% Mat 07/16/2035
Sector Name 
—
Weight (%) 
1.54
Market Value ($) 
603,591
Quantity 
510,000
Security Name 
Republic of Turkey 4.2500% Mat 04/14/2026
Sector Name 
—
Weight (%) 
1.43
Market Value ($) 
560,265
Quantity 
560,000
Security Name 
ECHOSTAR CORP 10.7500% Mat 11/30/2029
Sector Name 
—
Weight (%) 
1.41
Market Value ($) 
550,475
Quantity 
500,000
Security Name 
CARNIVAL PLC 1.0000% Mat 10/28/2029
Sector Name 
—
Weight (%) 
1.36
Market Value ($) 
532,494
Quantity 
500,000
Security Name 
INTESA SANPAOL 4.198 6/32 4.1980% Mat 06/01/2032
Sector Name 
—
Weight (%) 
1.26
Market Value ($) 
491,863
Quantity 
520,000
Security Name 
FIRST QUANTUM MINERALS LTD 8.0000% Mat 03/01/2033
Sector Name 
—
Weight (%) 
1.22
Market Value ($) 
475,698
Quantity 
450,000
Security Name 
ALTICE FINANCING SA 5.7500% Mat 08/15/2029
Sector Name 
—
Weight (%) 
1.21
Market Value ($) 
474,601
Quantity 
630,000
Security Name 
TEVA PHARMACEU 8.125 9/31 8.1250% Mat 09/15/2031
Sector Name 
—
Weight (%) 
1.17
Market Value ($) 
457,847
Quantity 
400,000
Security Name 
B3 S.A. - Brasil Bolsa Balc?o - 144A 4.1250% Mat 09/20/2031
Sector Name 
—
Weight (%) 
1.08
Market Value ($) 
422,746
Quantity 
450,000

These securities do not represent all of the securities purchased, sold or recommended for clients, and the reader should not assume that investment in the securities listed was or will be profitable. 

Top 10 Issuers

Top Fixed Income Securities

As of 09/30/2025 Updated Monthly

Chart

Bar chart with 10 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 1.06469 to 1.54382.
End of interactive chart.
Fund
MARSTONS ISSUER PLC 6.7383% Mat 07/16/2035 1.54%
Republic of Turkey 4.2500% Mat 04/14/2026 1.43%
ECHOSTAR CORP 10.7500% Mat 11/30/2029 1.41%
CARNIVAL PLC 1.0000% Mat 10/28/2029 1.36%
INTESA SANPAOL 4.198 6/32 4.1980% Mat 06/01/2032 1.26%
FIRST QUANTUM MINERALS LTD 8.0000% Mat 03/01/2033 1.22%
ALTICE FINANCING SA 5.7500% Mat 08/15/2029 1.21%
TEVA PHARMACEU 8.125 9/31 8.1250% Mat 09/15/2031 1.17%
B3 S.A. - Brasil Bolsa Balc?o - 144A 4.1250% Mat 09/20/2031 1.08%
MERCADOLIBRE INC 3.1250% Mat 01/14/2031 1.06%

These securities do not represent all of the securities purchased, sold or recommended for clients, and the reader should not assume that investment in the securities listed was or will be profitable. 

Pricing

Pricing History Chart

As of 11/03/2025 Updated Daily
Since Inception Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception

Chart

Line chart with 6138 data points.
The chart has 1 X axis displaying Time. Data ranges from 2001-06-04 00:00:01 to 2025-11-03 00:00:01.
The chart has 1 Y axis displaying values. Data ranges from 57.19 to 188.58.
End of interactive chart.

Past performance does not predict future returns. The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Historical pricing details provided are in share class currency, calculated NAV, taking into account of reinvestments and capital gain or loss. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.

Share Prices

As of 11/03/2025
NAV1 (Net Asset Value)
$187.91
NAV Change1 
$-0.30
NAV Change (%)1 
-0.16%
Historical Data - Daily Fund Prices
1 Month Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception
NAV  As of 11/03/2025
$187.91 (USD)
Highest NAV  As of 10/28/2025
$188.58 (USD)
Lowest NAV  As of 10/13/2025
$186.19 (USD)

Historical Pricing Results   From   10/03/2025   To   11/03/2025

Date 
11/03/2025
NAV  
$187.91
NAV Change  
$-0.30
NAV Change (%)  
-0.16%
Date 
10/31/2025
NAV  
$188.21
NAV Change  
$0.11
NAV Change (%)  
0.06%
Date 
10/30/2025
NAV  
$188.10
NAV Change  
$-0.28
NAV Change (%)  
-0.15%
Date 
10/29/2025
NAV  
$188.38
NAV Change  
$-0.20
NAV Change (%)  
-0.11%
Date 
10/28/2025
NAV  
$188.58
NAV Change  
$0.15
NAV Change (%)  
0.08%
Date 
10/27/2025
NAV  
$188.43
NAV Change  
$1.19
NAV Change (%)  
0.64%
Date 
10/24/2025
NAV  
$187.24
NAV Change  
$0.42
NAV Change (%)  
0.22%
Date 
10/23/2025
NAV  
$186.82
NAV Change  
$-0.02
NAV Change (%)  
-0.01%
Date 
10/22/2025
NAV  
$186.84
NAV Change  
$-0.27
NAV Change (%)  
-0.14%
Date 
10/21/2025
NAV  
$187.11
NAV Change  
$0.15
NAV Change (%)  
0.08%
Date 
10/20/2025
NAV  
$186.96
NAV Change  
$0.15
NAV Change (%)  
0.08%
Date 
10/17/2025
NAV  
$186.81
NAV Change  
$-0.29
NAV Change (%)  
-0.15%
Date 
10/16/2025
NAV  
$187.10
NAV Change  
$0.09
NAV Change (%)  
0.05%
Date 
10/15/2025
NAV  
$187.01
NAV Change  
$0.71
NAV Change (%)  
0.38%
Date 
10/14/2025
NAV  
$186.30
NAV Change  
$0.11
NAV Change (%)  
0.06%
Date 
10/13/2025
NAV  
$186.19
NAV Change  
$-0.04
NAV Change (%)  
-0.02%
Date 
10/10/2025
NAV  
$186.23
NAV Change  
$-0.46
NAV Change (%)  
-0.25%
Date 
10/09/2025
NAV  
$186.69
NAV Change  
$-0.35
NAV Change (%)  
-0.19%
Date 
10/08/2025
NAV  
$187.04
NAV Change  
$-0.12
NAV Change (%)  
-0.06%
Date 
10/07/2025
NAV  
$187.16
NAV Change  
$-0.23
NAV Change (%)  
-0.12%
Date 
10/06/2025
NAV  
$187.39
NAV Change  
$-0.09
NAV Change (%)  
-0.05%
Date 
10/03/2025
NAV  
$187.48
NAV Change  
$0.22
NAV Change (%)  
0.12%

Documents

Regulatory Documents

PDF Format

Prospectus (Main) - Franklin Templeton Global Funds plc

PDF Format

Key Information Document - FTGF Western Asset Global High Yield Fund L (G) USD ACC

PDF Format

Informe Semestral - Franklin Templeton Global Funds plc

PDF Format

Semiannual Report - Franklin Templeton Global Funds plc (FTGF)

PDF Format

Annual Report - Franklin Templeton Global Funds plc (FTGF)

PDF Format

Informe Anual - Franklin Templeton Global Funds plc

PDF Format

Constitución - Franklin Templeton Global Funds Plc

PDF Format

Constitution - Franklin Templeton Global Funds plc (FTGF)