Templeton Emerging Markets Income Fund (“TEI”) Announces Distribution

Rhea-AI Summary

Templeton Emerging Markets Income Fund (NYSE: TEI) has declared a monthly distribution of $0.0442 per share, sourced from net investment income. This distribution is set to be paid on November 30, 2020, to shareholders recorded by November 16, 2020. The ex-dividend date is November 13, 2020. The fund is managed by Franklin Templeton, which has over $1.4 trillion in assets managed as of September 30, 2020.

Positive

• Monthly distribution of $0.0442 per share enhances income for shareholders.
• Stable financial backing from Franklin Templeton, boasting $1.4 trillion in assets under management.

Negative

• None.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0442 per share, payable on November 30, 2020, to shareholders of record on November 16, 2020 (Ex-Dividend Date: November 13, 2020).

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, alternatives and custom multi-asset solutions. With offices in over 30 countries and approximately 1,300 investment professionals, the California-based company has more than 70 years of investment experience and approximately $1.4 trillion in assets under management as of September 30, 2020. For more information, please visit franklintempleton.com.