/EINPresswire.com/ -- FORT LAUDERDALE, FL -- (Marketwired) -- 01/15/16 -- The Templeton closed-end Funds referenced below, which trade on the New York Stock Exchange, today released portfolio allocation updates containing the following information as of December 31, 2015:

• Asset Allocation
• Ten Largest Positions/Portfolio Characteristics
• International Allocation/Net Currency Distribution
• Industry Allocation/Country Distribution

To obtain a copy of the updates, please contact Fund Information at 1-800-342-5236.

Templeton closed-end Funds:

Templeton Dragon Fund, Inc. (NYSE: TDF)
Templeton Global Income Fund (NYSE: GIM)

The Funds' investment managers are subsidiaries of Franklin Resources, Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 150 countries. Through specialized teams, the company has expertise across all asset classes -- including equity, fixed income, alternative and custom solutions. The company's more than 600 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in 35 countries, the California-based company has more than 65 years of investment experience and over $763 billion in assets under management as of December 31, 2015. For more information, please visit franklintempleton.com.

This press release contains statistical data regarding the Fund's portfolio. The Fund's complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Fund's Annual and Semi-Annual Report to Shareholders filed with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. For portfolio management discussions, including information regarding the Fund's investment strategies, please view the most recent Annual or Semi-Annual Report to Shareholders which can be found at franklintempleton.com or sec.gov.

                         TEMPLETON DRAGON FUND, INC.
                           AS OF DECEMER 31, 2015
                       TOTAL NET ASSETS: $713,927,101
                      NET ASSET VALUE PER SHARE: $20.51
                       OUTSTANDING SHARES: 34,802,916


               PERCENT OF
ASSET           TOTAL NET                                  PERCENT OF TOTAL
ALLOCATION       ASSETS     TEN LARGEST POSITIONS             NET ASSETS
--------------------------- ------------------------------------------------
CASH & OTHER                TAIWAN SEMICONDUCTOR
                       0.1% MANUFACTURING CO LTD                        7.9%
EQUITY*                     DAIRY FARM INTERNATIONAL
                      99.9% HOLDINGS LTD                                7.4%
             --------------
                            CHINA PETROLEUM & CHEMICAL
                     100.0% CORP (SINOPEC)                              5.3%
                            TENCENT HOLDINGS LTD                        5.0%
                            CHINA CONSTRUCTION BANK CORP                3.9%
                            ANTA SPORTS PRODUCTS LTD                    3.2%
                            DONGFENG MOTOR GROUP CO LTD                 3.1%
                            CHINA MOBILE LTD                            3.1%
                            CHEUNG KONG INFRASTRUCTURE
                            HOLDINGS LTD                                2.9%
                            CHINA CONSTRUCTION BANK CORP                2.4%
                                                          ------------------
                                                                       44.2%

               PERCENT OF
INTERNATIONAL   TOTAL NET                                  PERCENT OF TOTAL
ALLOCATION       ASSETS     INDUSTRY ALLOCATION               NET ASSETS
--------------------------- ------------------------------------------------
ASIA                 100.0% CONSUMER DISCRETIONARY                     12.7%
--------------------------- ------------------------------------------------
CHINA                 76.6% AUTOMOBILES & COMPONENTS                    7.3%
HONG KONG             15.0% CONSUMER DURABLES & APPAREL                 3.3%
TAIWAN                 8.4% MEDIA                                       0.3%
---------------------------
TOTAL EQUITY*        100.0% RETAILING                                   1.7%
--------------------------- ------------------------------------------------
                            CONSUMER STAPLES                           10.6%
                            ------------------------------------------------
                            FOOD & STAPLES RETAILING                    7.8%
                            FOOD BEVERAGE & TOBACCO                     2.8%
                            ------------------------------------------------
                            ENERGY                                      8.7%
                            ------------------------------------------------
                            FINANCIALS                                 36.9%
                            ------------------------------------------------
                            BANKS                                       5.4%
                            DIVERSIFIED FINANCIALS                     29.7%
                            INSURANCE                                   1.4%
                            REAL ESTATE                                 0.4%
                            ------------------------------------------------
                            HEALTH CARE                                 0.4%
                            ------------------------------------------------
                            PHARMACEUTICALS, BIOTECHNOLOGY              0.4%
                            & LIFESCIENCES
                            ------------------------------------------------
                            INDUSTRIALS                                 4.1%
                            ------------------------------------------------
                            CAPITAL GOODS                               1.8%
                            TRANSPORTATION                              2.3%
                            ------------------------------------------------
                            INFORMATION TECHNOLOGY                     17.0%
                            ------------------------------------------------
                            SEMICONDUCTORS & SEMICONDUCTOR              7.9%
                            EQUIPMENT
                            SOFTWARE & SERVICES                         9.1%
                            ------------------------------------------------
                            MATERIALS                                   2.7%
                            ------------------------------------------------
                            TELECOMMUNICATION SERVICES                  3.3%
                            ------------------------------------------------
                            UTILITIES                                   3.5%
                            ------------------------------------------------
                            TOTAL NET ASSETS                          100.0%
                            ------------------------------------------------

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. All investments involve risks, including possible loss of principal. Special risks are associated with foreign investing, including currency volatility, economic instability and political developments of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. There are special risks associated with investments in China, Hong Kong and Taiwan, including exposure to currency fluctuations, less liquidity, expropriation, confiscatory taxation, nationalization and exchange control regulations (including currency blockage), inflation and rapid fluctuations in inflation and interest rates. In addition, investments in Taiwan could be adversely affected by its political and economic relationship with China. Because the Fund invests its assets primarily in companies in a specific region, the Fund is subject to greater risks of adverse developments in that region and/or the surrounding regions than a fund that is more broadly diversified geographically. Political, social or economic disruptions in the region, even in countries in which the Fund is not invested, may adversely affect the value of securities held by the Fund. Also, as a nondiversified investment company investing in "China companies," the Fund may invest in a relatively small number of issuers and, as a result, be subject to a greater risk of loss with respect to its portfolio securities. The Fund is actively managed and investment allocations can be expected to change, but there is no guarantee that the manager's investment decisions will produce the desired results. The industry allocation uses MSCI's industry definitions for the convenience of comparison. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy.

* Equity includes convertible and preferred securities.

                        TEMPLETON GLOBAL INCOME FUND
                           AS OF DECEMBER 31, 2015
                       TOTAL NET ASSETS: $972,221,089
                      NET ASSET VALUE PER SHARE: $7.25
                       OUTSTANDING SHARES: 134,144,158


                PERCENT OF TOTAL
ASSET ALLOCATION   NET ASSETS    PORTFOLIO CHARACTERISTICS
-------------------------------- -------------------------------------------
CASH & CASH                18.9% WEIGHTED AVG. MATURITY     3.7666 yrs.
EQUIVALENTS
FIXED INCOME               81.2% WEIGHTED AVG. DURATION     0.8803 yrs.
                ----------------
                          100.0% WEIGHTED AVG. COUPON       4.906%



CURRENCY        PERCENT OF TOTAL                            PERCENT OF TOTAL
DISTRIBUTION       NET ASSETS    COUNTRY DISTRIBUTION          NET ASSETS
-------------------------------- -------------------------------------------
NORTH AMERICA              81.0% NORTH AMERICA                          0.0%
-------------------------------- -------------------------------------------
US DOLLAR                  81.0% EUROPE                                19.8%
-------------------------------- -------------------------------------------
EUROPE                    -34.5% HUNGARY                                2.7%
--------------------------------
EURO                      -39.8% ICELAND                                0.4%
HUNGARY FORINT              0.2% IRELAND                                1.6%
POLAND ZLOTY                5.0% LITHUANIA                              1.0%
--------------------------------
ASIA                       21.2% POLAND                                 5.0%
--------------------------------
INDIAN RUPEE                6.2% PORTUGAL                               2.7%
INDO RUPIAH                 8.1% REPUBLIC OF SERBIA                     0.7%
JAPANESE YEN              -26.5% SLOVENIA                               1.0%
MALAYSI RINGGIT            14.0% UKRAINE                                4.8%
                                 -------------------------------------------
PHILIPPINE PESO             1.1% ASIA                                  31.7%
                                 -------------------------------------------
SOUTH KOREAN WON           16.4% INDIA                                  2.3%
SRI LANKA RUPEE             2.0% INDONESIA                              7.6%
--------------------------------
AUSTRALIA/NEW                    MALAYSIA
ZEALAND                    -8.3%                                        3.7%
--------------------------------
AUSTRALIAN                       PHILIPPINES
DOLLAR                     -8.3%                                        1.1%
--------------------------------
LATIN AMERICA              40.6% SOUTH KOREA                           15.0%
--------------------------------
BRAZILIAN REAL             10.9% SRI LANKA                              2.0%
                                 -------------------------------------------
CHILEAN PESO                6.6% LATIN AMERICA                         28.4%
                                 -------------------------------------------
MEXICAN PESO               20.1% BRAZIL                                10.9%
PERU NUEVO SOL              3.1% MEXICO                                14.5%
--------------------------------
TOTAL                     100.0% PERU                                   3.1%
-------------------------------- -------------------------------------------
                                 OTHER                                 20.1%
                                 -------------------------------------------
                                 CASH                                  18.9%
                                 SUPRANATIONAL                          1.2%
                                 -------------------------------------------
                                 TOTAL                                100.0%
                                 -------------------------------------------

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. All investments involve risks, including possible loss of principal. Changes in interest rates will affect the value of the Fund's portfolio and its share price and yield. Bond prices generally move in the opposite direction of interest rates. Thus, as prices of bonds in the Fund adjust to a rise in interest rates, the Fund's share price may decline. Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments of countries where the Fund invests. Investments in developing markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. The markets for particular securities or types of securities are or may become relatively illiquid. Reduced liquidity will have an adverse impact on the security's value and on the Fund's ability to sell such securities when necessary to meet the Fund's liquidity needs or in response to a specific market event. The Fund's use of foreign currency techniques involves special risks as such techniques may not achieve the anticipated benefits and/or may result in losses to the Fund. Also, as a nondiversified investment company, the Fund may invest in a relatively small number of issuers and, as a result, be subject to a greater risk of loss with respect to its portfolio securities. The Fund is actively managed and investment allocations can be expected to change, but there is no guarantee that the manager's investment decisions will produce the desired results. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy. The weightings do not include the impact of currency forwards within the country weightings.

For more information, please contact
Franklin Templeton Investments
1-800-342-5236

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