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Templeton Emerging Markets Income Fund - TEI STOCK NEWS

Welcome to our dedicated page for Templeton Emerging Markets Income Fund news (Ticker: TEI), a resource for investors and traders seeking the latest updates and insights on Templeton Emerging Markets Income Fund stock.

Templeton Emerging Markets Income Fund (TEI) is a closed-end fund under Franklin Templeton Investments, a global investment management organization. The primary objective of TEI is to provide high, current income with a secondary goal of capital appreciation. The fund achieves this by investing in a diverse portfolio that includes Foreign Government and Agency Securities, Quasi-Sovereign and Corporate Bonds, Common Stocks, and other equity interests, as well as Short-Term Investments and Money Market Funds.

TEI leverages the expertise of Franklin Templeton’s global research team to identify investment opportunities in emerging markets. These markets are characterized by higher growth potential compared to developed markets, though they may come with higher risks. The fund's managers use a combination of top-down macroeconomic analysis and bottom-up security selection to build a well-rounded portfolio that seeks to maximize returns while managing risks.

Recently, TEI has focused on seizing opportunities in emerging markets that show strong economic fundamentals and political stability. The fund has also been proactive in managing its exposure to various sectors and regions to optimize performance amid changing market conditions. Noteworthy achievements include strategic investments in regions showing robust growth and potential for high returns.

Franklin Templeton Investments, the parent organization, provides comprehensive financial advisory services and has a broad range of investment products globally. Investors are encouraged to consult with their financial advisers to understand the suitability of the fund based on their risk tolerance and investment goals.

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Templeton Emerging Markets Income Fund (TEI) has announced a monthly distribution from net investment income of $0.0475 per share, payable on February 29, 2024, to shareholders of record on February 20, 2024. The Fund's Board of Trustees has authorized a managed distribution plan to provide consistent distributions each month and narrow the discount between the market price and the net asset value of the Fund's common shares. However, there is no assurance that the Plan will be successful. The Fund may distribute long-term capital gains and/or return of capital if sufficient distributable income is not available. The Board may amend or terminate the Plan at any time, which could have an adverse effect on the market price of the Fund's common shares.
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Templeton Emerging Markets Income Fund (TEI) has announced the estimated sources of the distribution to be paid on January 31, 2024, and for the fiscal year 2023 year-to-date. The distribution per share is $0.0475 for January, with 72% coming from net investment income and 28% from return of capital. The cumulative estimated allocations for the fiscal year-to-date show a distribution per share of $0.5655, with 77% from net investment income, 4% from net realized short-term capital gains, and 19% from return of capital.
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During the fourth quarter of 2023, several funds announced their share repurchase activity, including Western Asset Emerging Markets Debt Fund Inc. (EMD) with 949,123 shares repurchased. Share repurchases aim to enhance shareholder value by buying shares at a discount to the fund's net asset value. The difference between the purchase price and NAV results in incremental accretion to the Fund’s NAV for all shareholders.
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Templeton Emerging Markets Income Fund (TEI) announced a monthly distribution of $0.0475 per share from net investment income, payable on January 31, 2024, to shareholders of record on January 19, 2024. The Fund's Board of Trustees authorized a managed distribution plan to provide consistent monthly distributions and narrow the discount between market price and net asset value. The plan may include long-term capital gains and/or return of capital to maintain the distribution rate. The Board may amend or terminate the plan at any time, potentially affecting the market price of the Fund's common shares.
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Templeton Emerging Markets Income Fund (TEI) announces estimated sources of distributions for December 29, 2023, and fiscal year 2023, including net investment income, realized capital gains, and return of capital.
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Templeton Emerging Markets Income Fund (TEI) Implements New Managed Distribution Plan, Announces Level Distribution Amount of $0.0475 per share monthly, with an Annualized Distribution Rate of 10.10%
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Templeton Emerging Markets Income Fund (TEI) announced a monthly distribution from net investment income of $0.0462 per share, payable on December 29, 2023, to shareholders of record on December 18, 2023. The managed distribution plan aims to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and narrow the discount between the market price and the NAV of the Fund’s common shares.
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Templeton Emerging Markets Income Fund (TEI) announces sources of distributions for November 2023 and fiscal year 2023, with a monthly distribution of $0.0440 per share, comprising 85% net investment income and 15% return of capital. Cumulative fiscal year-to-date allocations show $0.4753 per share, with 75% net investment income, 5% net realized short-term capital gains, and 20% return of capital.
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Templeton Emerging Markets Income Fund (TEI) announces a monthly distribution of $0.0440 per share from net investment income, payable on November 30, 2023, to shareholders of record on November 17, 2023. The Fund has implemented a managed distribution plan aiming to provide a constant, but not guaranteed, fixed minimum rate of distribution each month.
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Templeton Emerging Markets Income Fund (TEI) has released a notification of sources of distributions for the fiscal year 2023. The estimated allocations for the October monthly distribution show a per share distribution of $0.0463, with 83% coming from net investment income and 17% from return of capital. Cumulative estimated allocations for the fiscal year-to-date indicate a per share distribution of $0.4290, with 74% from net investment income, 6% from net realized short-term capital gains, and 20% from return of capital.
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FAQ

What is the current stock price of Templeton Emerging Markets Income Fund (TEI)?

The current stock price of Templeton Emerging Markets Income Fund (TEI) is $5.21 as of December 20, 2024.

What is the market cap of Templeton Emerging Markets Income Fund (TEI)?

The market cap of Templeton Emerging Markets Income Fund (TEI) is approximately 244.2M.

What is the primary objective of Templeton Emerging Markets Income Fund?

The primary objective is to provide high, current income with a secondary goal of capital appreciation.

What types of securities does TEI invest in?

TEI invests in Foreign Government and Agency Securities, Quasi-Sovereign and Corporate Bonds, Common Stocks, and Short-Term Investments and Money Market Funds.

Who manages Templeton Emerging Markets Income Fund?

The fund is managed by Franklin Templeton Investments, a global investment management organization.

What markets does TEI focus on?

TEI focuses on emerging markets that show strong economic fundamentals and political stability.

How does TEI manage investment risks?

TEI uses a combination of top-down macroeconomic analysis and bottom-up security selection to manage investment risks.

What recent achievements has TEI made?

TEI has made strategic investments in regions showing robust growth and potential for high returns.

What is the role of Franklin Templeton in TEI?

Franklin Templeton provides comprehensive financial advisory services and manages the fund's investments.

Can I invest in TEI if I reside outside the U.S.?

The availability of TEI's products and services might vary by jurisdiction. Consult with your financial adviser or local Franklin Templeton office.

Does TEI provide any tax or legal advice?

No, TEI does not provide investment, tax, legal, or other advice. Investors should consult their own advisers.

Are there any risks associated with investing in TEI?

Yes, all investments involve risks, including the potential loss of principal. It is important to understand these risks before investing.

Templeton Emerging Markets Income Fund

NYSE:TEI

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244.17M
47.23M
38.26%
0.05%
Asset Management
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