Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Announces Notification of Sources of Distributions
Templeton Emerging Markets Income Fund (TEI) has announced its monthly distribution details for February 2025. The Fund maintains a managed distribution plan with fixed monthly payments of $0.0475 per share, authorized by its Board of Trustees.
The Fund estimates it has distributed more than its income and net realized capital gains, indicating that a portion of the distribution may represent a return of capital to shareholders. The Plan aims to provide consistent monthly distributions and narrow the discount between market price and net asset value (NAV), though success is not guaranteed.
TEI is managed to generate distributions primarily from net ordinary income and short-term capital gains, consistent with its investment strategy. When sufficient distributable income is unavailable monthly, the Fund will distribute long-term capital gains or return capital to maintain its managed distribution rate.
Il Templeton Emerging Markets Income Fund (TEI) ha annunciato i dettagli della sua distribuzione mensile per febbraio 2025. Il Fondo mantiene un piano di distribuzione gestito con pagamenti mensili fissi di $0.0475 per azione, autorizzato dal suo Consiglio di Amministrazione.
Il Fondo stima di aver distribuito più del suo reddito e dei guadagni in conto capitale realizzati netti, indicando che una parte della distribuzione potrebbe rappresentare un ritorno di capitale per gli azionisti. Il Piano mira a fornire distribuzioni mensili costanti e a ridurre lo sconto tra il prezzo di mercato e il valore patrimoniale netto (NAV), sebbene il successo non sia garantito.
TEI è gestito per generare distribuzioni principalmente da reddito ordinario netto e guadagni in conto capitale a breve termine, in linea con la sua strategia di investimento. Quando non è disponibile un reddito distribuibile sufficiente mensilmente, il Fondo distribuirà guadagni in conto capitale a lungo termine o restituirà capitale per mantenere il suo tasso di distribuzione gestito.
El Templeton Emerging Markets Income Fund (TEI) ha anunciado los detalles de su distribución mensual para febrero de 2025. El Fondo mantiene un plan de distribución gestionado con pagos mensuales fijos de $0.0475 por acción, autorizado por su Junta de Fideicomisarios.
El Fondo estima que ha distribuido más de sus ingresos y ganancias de capital realizadas netas, lo que indica que una parte de la distribución puede representar un retorno de capital para los accionistas. El Plan tiene como objetivo proporcionar distribuciones mensuales consistentes y reducir el descuento entre el precio de mercado y el valor neto de los activos (NAV), aunque el éxito no está garantizado.
TEI se gestiona para generar distribuciones principalmente de ingresos ordinarios netos y ganancias de capital a corto plazo, de acuerdo con su estrategia de inversión. Cuando no haya ingresos distribuibles suficientes mensualmente, el Fondo distribuirá ganancias de capital a largo plazo o devolverá capital para mantener su tasa de distribución gestionada.
템플턴 이머징 마켓 인컴 펀드 (TEI)가 2025년 2월의 월간 배당금 세부사항을 발표했습니다. 이 펀드는 이사회에서 승인한 주당 $0.0475의 고정 월 지급금을 포함하는 관리 배당 계획을 유지하고 있습니다.
펀드는 수익 및 순 실현 자본 이익보다 더 많은 금액을 분배했음을 추정하고 있으며, 이는 분배의 일부가 주주에게 자본 환급을 나타낼 수 있음을 시사합니다. 이 계획은 일관된 월간 분배를 제공하고 시장 가격과 순 자산 가치(NAV) 간의 할인폭을 좁히는 것을 목표로 하지만, 성공이 보장되지는 않습니다.
TEI는 주로 순 일반 소득 및 단기 자본 이익에서 분배를 생성하도록 관리됩니다. 월별로 충분한 분배 가능한 소득이 없을 경우, 펀드는 장기 자본 이익을 분배하거나 관리된 분배 비율을 유지하기 위해 자본을 반환합니다.
Le Templeton Emerging Markets Income Fund (TEI) a annoncé les détails de sa distribution mensuelle pour février 2025. Le Fonds maintient un plan de distribution géré avec des paiements mensuels fixes de 0,0475 $ par action, autorisé par son Conseil d'Administration.
Le Fonds estime avoir distribué plus que ses revenus et ses gains en capital réalisés nets, indiquant qu'une partie de la distribution pourrait représenter un retour de capital pour les actionnaires. Le Plan vise à fournir des distributions mensuelles constantes et à réduire l'écart entre le prix du marché et la valeur nette d'inventaire (NAV), bien que le succès ne soit pas garanti.
TEI est géré pour générer des distributions principalement à partir de revenus ordinaires nets et de gains en capital à court terme, conformément à sa stratégie d'investissement. Lorsque des revenus distribuables suffisants ne sont pas disponibles chaque mois, le Fonds distribuera des gains en capital à long terme ou retournera du capital pour maintenir son taux de distribution géré.
Der Templeton Emerging Markets Income Fund (TEI) hat die Einzelheiten seiner monatlichen Ausschüttung für Februar 2025 bekannt gegeben. Der Fonds verfolgt einen verwalteten Ausschüttungsplan mit festen monatlichen Zahlungen von 0,0475 $ pro Aktie, die von seinem Treuhandrat genehmigt wurden.
Der Fonds schätzt, dass er mehr als sein Einkommen und seine realisierten Nettokapitalgewinne ausgeschüttet hat, was darauf hinweist, dass ein Teil der Ausschüttung eine Rückzahlung von Kapital an die Aktionäre darstellen könnte. Der Plan zielt darauf ab, konsistente monatliche Ausschüttungen bereitzustellen und den Rabatt zwischen Marktpreis und Nettoinventarwert (NAV) zu verringern, obwohl der Erfolg nicht garantiert ist.
TEI wird verwaltet, um Ausschüttungen hauptsächlich aus netto ordentlichen Einkünften und kurzfristigen Kapitalgewinnen zu generieren, was mit seiner Anlagestrategie übereinstimmt. Wenn monatlich nicht genügend ausschüttungsfähiges Einkommen verfügbar ist, wird der Fonds langfristige Kapitalgewinne ausschütten oder Kapital zurückgeben, um seine verwaltete Ausschüttungsquote aufrechtzuerhalten.
- Fixed monthly distribution of $0.0475 per share provides predictable income
- Plan aims to narrow discount between market price and NAV
- Fund distributing more than its income and realized capital gains
- Portions of distributions may represent return of capital rather than actual earnings
Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 |
The Fund’s estimated sources of the distribution to be paid on February 28, 2025, and for the fiscal year 2025 year-to-date are as follows:
Estimated Allocations for February Monthly Distribution as of January 31, 2025:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of Capital |
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Cumulative Estimated Allocations fiscal year-to-date as of January 31, 2025, for the fiscal year ending December 31, 2025:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of Capital |
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Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Plan. TEI estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the TEI distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money that a shareholder invested in a Fund is paid back to them. A return of capital distribution does not necessarily reflect TEI’s investment performance and should not be confused with ‘yield’ or ‘income’. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund’s distributions for federal income tax purposes.
Average Annual Total Return (in relation to the change in net asset value (NAV) for the 5-year period ended on 1/31/2025)1 |
Annualized Distribution Rate (as a percentage of NAV for the current fiscal period through 1/31/2025)2 |
Cumulative Total Return (in relation to the change in NAV for the fiscal period through 1/31/2025)3 |
Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 1/31/2025)4 |
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Fund Performance and Distribution Rate Information:
- Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ended through January 31, 2025. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
- The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV through January 31, 2025.
- Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2024 through January 31, 2025, assuming reinvestment of distributions paid.
- The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period December 31, 2024 through January 31, 2025, as a percentage of the Fund’s NAV as of January 31, 2025.
The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of
The Board may amend the terms of the Plan or terminate the Plan at any time without prior notice to the Fund’s shareholders. The amendment or termination of the Plan could have an adverse effect on the market price of the Fund’s common shares. The Plan will be subject to the periodic review by the Board, including a yearly review of the fixed rate to determine if an adjustment should be made.
For further information on Templeton Emerging Markets Income Fund, please visit our web site at: www.franklintempleton.com
Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 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 offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the
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For more information, please contact Franklin Templeton at 1-800-342-5236.
Source: Franklin Templeton
FAQ
What is the monthly distribution amount for TEI shares in February 2025?
How does TEI's managed distribution plan work?
Why might TEI shareholders receive a return of capital in their distributions?
What are the sources of TEI's monthly distributions?
