With around $717.1 billion assets under management as of Sep 30, 2018, Franklin Templeton Investments is a well-known global investment management firm. It offers investment management strategies and integrated risk-management solutions to individuals, institutions, pension plans, trusts, and partnerships.

Founded in 1947, Franklin Templeton Investments prides itself in offering "exceptional asset management" to its clients in more than 170 countries throughout the globe. It has a presence in 17 countries and more than 600 investment professionals. Franklin Templeton Investments is the biggest cross-border fund management group in the world.

Below we share with you three top-ranked Franklin Templeton mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future.

Templeton Global Bond A (TPINX - Free Report) seeks current income with both income and capital growth. The fund invests the majority of its net assets in bonds. These bonds consist of debt obligations of any maturity. The non-diversified fund mostly invests in bonds issued by the government and related bodies. TPINX has returned 5.8% in the past three years.

As of December 2018, TPINX held 141 issues, with 7.96% of its assets invested in Mexico (United Mexican States) 8%.

Franklin Income A1 (FKINX - Free Report) aims for maximum income while keeping scope for capital growth. The fund invests in a portfolio of equity and debt securities, with common stocks primarily constituting the equity securities. The fund may invest all of its net assets in debt securities that are rated below investment grade. Franklin Income A1 has three-year annualized returns of 10.2%.

FKINX has an expense ratio of 0.61% compared with the category average of 0.79%.

Templeton Global Total Return Advisor (TTRZX - Free Report) seeks a total return of investment that consists of a blend of capital growth, interest income and currency gains. The non-diversified fund primarily invests in fixed and floating rate debt securities and debt obligations of governments and related agencies. TTRZX has three-year annualized returns of 7.4%.

Michael J. Hasenstabis the fund manager of TTRZX since 2008.