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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] announces estimated sources of distribution for September 2023 and fiscal year 2023 year-to-date.
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Templeton Global Income Fund announces monthly distribution of $0.0298 per share, positive for shareholders
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Templeton Global Income Fund [NYSE: GIM] estimates distribution sources for August 2023 and FY 2023 year-to-date. Return of capital distribution may occur. Average annual total return is -2.57%. Annualized distribution rate is 8.02%. Cumulative total return is 4.13%. Cumulative FYTD distribution rate is 4.67%.
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Templeton Global Income Fund selects Saba Capital Management as new investment adviser, aiming to address underperformance compared to peers. Special Committee recommends Saba based on investment capabilities and track record. Shareholders to vote on new investment management agreement at Special Meeting in Q4. Board considers self-tender offer for outstanding shares.
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Templeton Global Income Fund [NYSE: GIM] announces estimated sources of distribution for July and fiscal year 2023. Distribution per share for July is $0.0306 with 61% net investment income and 39% return of capital. Cumulative estimated allocations for the fiscal year-to-date are $0.1859 with 55% net investment income, 14% net realized short-term capital gains, and 31% return of capital.
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Templeton Global Income Fund [NYSE: GIM] has announced the estimated sources of its distribution payment for May 31, 2023, and the fiscal year 2023 year-to-date. The distribution per share is $0.0310, with net investment income accounting for 62%, and return of capital accounting for 38%. For the fiscal year ending December 31, 2023, the cumulative estimated allocations are $0.1244 per share, with net investment income accounting for 52%, net realized short-term capital gains accounting for 21%, and return of capital accounting for 27%.
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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