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TEMPLETON GLOBAL INCOME FD - GIM STOCK NEWS

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Templeton Global Income Fund (GIM) is a prominent investment entity managed by Franklin Resources, Inc., operating under the brand of Franklin Templeton Investments. As a global investment management organization, Franklin Templeton Investments offers a diverse range of financial services and products designed to meet the needs of investors worldwide.

Core Business: GIM primarily focuses on investing in income-producing securities globally, including sovereign and corporate bonds, as well as other debt instruments. The fund aims to provide high, current income while preserving capital by leveraging Franklin Templeton's extensive research and expertise in global markets.

Recent Achievements: The fund has consistently delivered competitive returns, underscoring its robust investment strategy. GIM has maintained a solid performance through strategic asset allocation and rigorous risk management.

Current Projects: The fund is actively engaged in identifying and capitalizing on opportunities in emerging markets. By diversifying its portfolio across various geographies, GIM aims to enhance returns and mitigate risks associated with market volatility.

Financial Condition: Templeton Global Income Fund demonstrates a strong financial position, supported by a diversified investment portfolio and prudent financial management. The fund's performance is regularly reviewed and adjusted to align with market conditions and investor needs.

Partnerships: GIM benefits from strategic partnerships with leading financial institutions, enhancing its ability to access high-quality investment opportunities worldwide. These partnerships also facilitate better market insights and improved investment decisions.

Products: The fund offers a well-structured investment product designed to cater to investors seeking income through global fixed-income securities. GIM's product lineup is meticulously curated to ensure optimal returns while managing risk effectively.

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Templeton Global Income Fund [NYSE: GIM] has announced a monthly distribution of $0.0356 per share, set for payment on October 29, 2021. Shareholders on record as of October 15, 2021 will receive this distribution. The Fund operates under a managed distribution plan, guaranteeing a minimum annual rate of 7.5%, based on average net asset value (NAV). It aims to balance distributions through ordinary income, short-term capital gains, or, if necessary, long-term capital gains and return of capital.

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Templeton Global Income Fund (NYSE: GIM) has announced a monthly distribution of $0.0360 per share from net investment income, payable on September 30, 2021. This payment applies to shareholders of record on September 15, 2021, with an ex-dividend date of September 14, 2021.

The Fund operates under a managed distribution plan guaranteeing a minimum distribution rate of 7.5% per annum, calculated from its average monthly net asset value (NAV). Returns may include capital gains or return of capital, depending on available distributable income.

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Templeton Global Income Fund (NYSE: GIM) has declared a monthly distribution of $0.0369 per share from net investment income, payable on August 31, 2021. Shareholders on record by August 16 will receive this payment, with an Ex-Dividend Date set for August 13. The Fund operates under a managed distribution plan ensuring a 7.5% annual minimum distribution based on the average monthly net asset value (NAV). Distributions may include long-term capital gains or return of capital if necessary, and these figures might not reflect the Fund’s actual investment performance.

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Templeton Global Income Fund (GIM) announced a monthly distribution of $0.0370 per share to shareholders, payable on July 30, 2021. Shareholders of record by July 15, 2021, will receive this payment, with an ex-dividend date of July 14, 2021. The Fund operates under a managed distribution plan, aiming for a 7.5% annual minimum rate based on its net asset value (NAV). Distributions may include net ordinary income, short-term capital gains, or returns of capital, and are subject to periodic review. Franklin Resources, Inc. (BEN) manages the Fund with over $1.5 trillion in assets.

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Templeton Global Income Fund (NYSE: GIM) announced a monthly distribution of $0.0368 per share from net investment income, payable on June 30, 2021, to shareholders of record on June 15, 2021. The Fund operates under a managed distribution plan with an annual minimum fixed rate of 7.5% based on the average monthly net asset value. Distributions may include long-term capital gains or return of capital if net ordinary income is insufficient. Franklin Resources, Inc. (NYSE: BEN), the Fund's parent company, manages approximately $1.5 trillion in assets globally.

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Saba Capital Management announced that its nominees have been elected to the Board of Trustees of the Templeton Global Income Fund (NYSE: GIM), replacing all incumbent trustees. This decision, certified by the independent Inspector of Election, reflects shareholder support for Saba's fresh perspectives and governance experience aimed at enhancing long-term value. Boaz Weinstein, Saba's Founder, emphasized the significance of this outcome in improving the Fund’s performance and addressing its net asset value discount. Saba Capital manages $3.3 billion across various investment strategies.

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Templeton Global Income Fund (GIM) declared a monthly distribution of $0.0368 per share, payable on May 28, 2021, to shareholders recorded on May 17, 2021 (Ex-Dividend Date: May 14, 2021). The Fund operates under a managed distribution plan, targeting a minimum annual rate of 7.5% based on average monthly net asset value (NAV). This plan seeks to provide a consistent distribution, though there are no guarantees of success. Distributions may include capital returns if net income is insufficient, which does not equate to investment performance. Franklin Resources, Inc. (BEN) manages the Fund, focusing on enhancing client investment outcomes.

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Templeton Global Income Fund (NYSE: GIM) has announced its monthly distribution of $0.0377 per share, payable on April 30, 2021. Shareholders of record by April 15 will receive this payout. A new managed distribution plan guarantees a minimum fixed rate of 7.5% annually, based on the Fund’s average net asset value. The strategy seeks to narrow the market price discount compared to NAV, though success is not assured. Additionally, the Fund may utilize reverse repurchase agreements and fixed-income swaps to boost income, which entails increased risks.

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Templeton Global Income Fund announces measures to address discount and improve shareholder value
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Templeton Global Income Fund (NYSE: GIM) has declared a monthly distribution of $0.0160 per share from net investment income. This payment is scheduled for March 31, 2021, for shareholders of record as of March 15, 2021. The ex-dividend date is set for March 12, 2021. This announcement underlines the fund's ongoing commitment to delivering consistent returns to investors.

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FAQ

What is the market cap of TEMPLETON GLOBAL INCOME FD (GIM)?

The market cap of TEMPLETON GLOBAL INCOME FD (GIM) is approximately 214.2M.

What is Templeton Global Income Fund (GIM)?

Templeton Global Income Fund (GIM) is an investment fund managed by Franklin Templeton Investments, focusing on income-producing securities globally.

What is the core business of GIM?

GIM primarily invests in income-producing securities such as sovereign and corporate bonds, aiming to provide high income while preserving capital.

How has GIM performed recently?

GIM has shown competitive returns through strategic asset allocation and robust risk management, consistently performing well in varying market conditions.

What are the current projects of GIM?

GIM is focusing on emerging markets, diversifying its portfolio to capitalize on global investment opportunities and manage market volatility.

What is the financial condition of GIM?

GIM maintains a strong financial position with a diversified portfolio and prudent financial management strategies to ensure stability and growth.

Who are GIM's strategic partners?

GIM partners with leading financial institutions globally, allowing access to high-quality investment opportunities and better market insights.

What products does GIM offer?

GIM offers investment products centered on global fixed-income securities, designed to provide optimal returns and manage risks effectively.

Is GIM suitable for risk-averse investors?

While all investments involve risks, GIM aims to manage and mitigate these risks through diversification and strategic asset allocation, making it a potential option for risk-averse investors.

How can I invest in GIM?

Investors can consult with their investment adviser or contact their local Franklin Templeton office for more information on investing in GIM.

Does GIM provide regular income?

Yes, GIM aims to provide high, current income through its investments in income-producing securities worldwide.

TEMPLETON GLOBAL INCOME FD

NYSE:GIM

GIM Rankings

GIM Stock Data

214.17M
134.14M
0.18%
50.98%
0.03%
Asset Management
Financial Services
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United States of America
San Mateo