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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 (GIM) announced a total distribution from net investment income of $0.0987 per share, consisting of a regular monthly distribution of $0.0288 and a special distribution of $0.0699. The Fund has authorized a managed distribution plan with a minimum fixed rate of 8% to narrow the discount between the market price and the NAV of the Fund’s common shares. The Plan aims to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month.
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Templeton Global Income Fund (GIM) Announces Sources of Distributions for November 2023 and Fiscal Year 2023
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Templeton Global Income Fund (GIM) Announces Adviser Transition Update
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Templeton Global Income Fund (NYSE: GIM) announced the final results of its oversubscribed tender offer to purchase up to 45% of its outstanding common shares. The Fund will purchase shares from all tendering shareholders on a pro rata basis, with a purchase price equal to 99% of the Fund's net asset value per share as of November 9, 2023. Questions about the tender offer can be directed to Campaign Management LLC, the Information Agent for the Tender Offer.
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Templeton Global Income Fund (NYSE: GIM) announced the preliminary results of its tender offer to purchase up to 45% of its outstanding common shares, with approximately 70,525,164 shares properly tendered. The purchase price will be 99% of the Fund’s net asset value per share as of November 9, 2023.
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Templeton Global Income Fund [NYSE: GIM] has announced a monthly distribution of $0.0280 per share, payable on November 30, 2023, to shareholders of record on November 17, 2023. The Fund's Board of Trustees has authorized a managed distribution plan with a fixed minimum rate of 8% to narrow the discount between market price and NAV, but it is not guaranteed.
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Templeton Global Income Fund (NYSE: GIM) announced that all three proposals presented at its Special Meeting of Shareholders held on October 25, 2023, were approved. The proposals include a new investment management agreement with Saba Capital Management, L.P., making the investment objective 'non-fundamental,' and removing the fundamental policy of investing in at least three countries and various debt instruments. The Adviser Transition, where Saba will take over investment management services, will occur soon.
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Templeton Global Income Fund [NYSE: GIM] has released a notification of sources of distributions for the fiscal year 2023. The estimated allocations for the October monthly distribution as of September 30, 2023, include $0.0291 per share in distribution, with 69% coming from net investment income and 31% from return of capital. The cumulative estimated allocations for the fiscal year-to-date show $0.2773 per share in distribution, with 59% from net investment income, 10% from net realized short-term capital gains, and 31% from return of capital.
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Templeton Global Income Fund announces tender offer for common shares
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Templeton Global Income Fund announces monthly distribution of $0.0291 per share
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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