Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Announces Notification of Sources of Distributions
Templeton Emerging Markets Income Fund (NYSE: TEI) has announced its distribution sources for August 2024 and fiscal year-to-date. The Fund's August distribution of $0.0475 per share is entirely from net investment income. For the fiscal year-to-date, 92% of distributions came from net investment income, 1% from short-term capital gains, and 7% from return of capital.
The Fund's performance metrics show an average annual total return of -3.43% over the past 5 years, with a current annualized distribution rate of 9.61%. The Fund operates under a managed distribution plan, aiming to provide consistent monthly distributions and narrow the discount between market price and NAV. However, the Fund's Board may amend or terminate the plan, potentially affecting the stock price.
Il Templeton Emerging Markets Income Fund (NYSE: TEI) ha annunciato le sue fonti di distribuzione per agosto 2024 e per l'anno fiscale fino ad oggi. La distribuzione di agosto di $0.0475 per azione proviene interamente da reddito da investimenti netti. Fino ad oggi nell'anno fiscale, il 92% delle distribuzioni proviene da reddito da investimenti netti, l'1% da guadagni in conto capitale a breve termine e il 7% da restituzione di capitale.
I parametri di performance del Fondo mostrano un ritorno totale annuale medio di -3,43% negli ultimi 5 anni, con un attuale tasso di distribuzione annualizzata del 9,61%. Il Fondo opera sotto un piano di distribuzione gestita, con l'obiettivo di fornire distribuzioni mensili costanti e ridurre lo sconto tra il prezzo di mercato e il NAV. Tuttavia, il Consiglio del Fondo può modificare o terminare il piano, il che potrebbe influenzare il prezzo delle azioni.
El Templeton Emerging Markets Income Fund (NYSE: TEI) ha anunciado sus fuentes de distribución para agosto de 2024 y para el año fiscal hasta la fecha. La distribución de agosto de $0.0475 por acción proviene en su totalidad de ingresos netos por inversiones. Hasta la fecha en el año fiscal, el 92% de las distribuciones provienen de ingresos netos por inversiones, el 1% de ganancias de capital a corto plazo y el 7% de la devolución de capital.
Las métricas de rendimiento del Fondo muestran un retorno total anual promedio de -3.43% en los últimos 5 años, con una tasa de distribución anualizada actual del 9.61%. El Fondo opera bajo un plan de distribución gestionada, cuyo objetivo es proporcionar distribuciones mensuales consistentes y cerrar la brecha entre el precio de mercado y el NAV. Sin embargo, la Junta del Fondo puede modificar o terminar el plan, lo que podría afectar el precio de las acciones.
템플턴 이머징 마켓 인컴 펀드 (NYSE: TEI)는 2024년 8월과 회계 연도 기준의 배당 출처를 발표했습니다. 8월 주당 $0.0475의 배당금은 전액 순 투자 수익에서 나옵니다. 회계 연도 기준으로, 배당금의 92%가 순 투자 수익에서 발생하였으며, 1%는 단기 자본 이득, 7%는 자본 환급에서 나옵니다.
펀드의 성과 지표는 지난 5년 동안 연평균 총 수익률이 -3.43%이며, 현재 연화 배당률은 9.61%이라는 것을 보여줍니다. 이 펀드는 관리되는 배당 계획에 따라 운영되며, 일관된 월간 배당을 제공하고 시장 가격과 NAV 간의 할인을 줄이는 것을 목표로 합니다. 그러나 펀드 이사회는 이 계획을 수정하거나 종료할 수 있으며, 이는 주가에 영향을 미칠 수 있습니다.
Le Templeton Emerging Markets Income Fund (NYSE: TEI) a annoncé ses sources de distribution pour août 2024 et pour l'année fiscale jusqu'à présent. La distribution d'août de 0,0475 $ par action provient entièrement des revenus nets d'investissement. Pour l'année fiscale jusqu'à présent, 92 % des distributions proviennent des revenus nets d'investissement, 1 % des gains en capital à court terme et 7 % de la restitution de capital.
Les indicateurs de performance du Fonds montrent un rendement total annuel moyen de -3,43 % sur les 5 dernières années, avec un taux de distribution annualisé actuel de 9,61 %. Le Fonds est géré selon un plan de distribution, visant à fournir des distributions mensuelles cohérentes et à réduire l'écart entre le prix du marché et la valeur d'inventaire nette (NAV). Cependant, le Conseil du Fonds peut modifier ou mettre fin au plan, ce qui pourrait affecter le prix des actions.
Der Templeton Emerging Markets Income Fund (NYSE: TEI) hat seine Verteilungsquellen für August 2024 und das bisherige Geschäftsjahr bekannt gegeben. Die August-Verteilung von $0.0475 pro Aktie stammt vollständig aus netto Investmenterträgen. Im bisherigen Geschäftsjahr stammten 92% der Ausschüttungen aus netto Investmenterträgen, 1% aus kurzfristigen Kapitalgewinnen und 7% aus der Rückzahlung von Kapital.
Die Leistungskennzahlen des Fonds zeigen eine durchschnittliche jährliche Gesamtrendite von -3,43% in den letzten 5 Jahren, mit einer aktuellen annualisierten Ausschüttungsrate von 9,61%. Der Fonds arbeitet unter einem verwalteten Verteilungsplan, der darauf abzielt, konsistente monatliche Ausschüttungen bereitzustellen und den Abschlag zwischen Marktpreis und NAV zu verringern. Der Vorstand des Fonds kann jedoch den Plan ändern oder beenden, was potenziell den Aktienkurs beeinflussen könnte.
- High annualized distribution rate of 9.61%
- 92% of fiscal year-to-date distributions came from net investment income
- Managed distribution plan aims to provide consistent monthly distributions
- Negative average annual total return of -3.43% over the past 5 years
- 7% of fiscal year-to-date distributions classified as return of capital
- Potential for plan amendment or termination, which could adversely affect stock price
Templeton Emerging Markets Income Fund [NYSE: TEI]
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 August 30, 2024, and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for August Monthly Distribution as of July 31, 2024:
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Net Investment
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Net Realized
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Net Realized
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Return of
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Cumulative Estimated Allocations fiscal year-to-date as of July 31, 2024, for the fiscal year ending December 31, 2024:
Distribution
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Net Investment
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Net Realized
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Net Realized
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Return of
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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
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Annualized
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Cumulative Total
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Cumulative Fiscal
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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 July 31, 2024. 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 July 31, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2023 through July 31, 2024, 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, 2023 through July 31, 2024, as a percentage of the Fund’s NAV as of July 31, 2024.
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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Franklin Templeton
1-800-342-5236
Source: Franklin Templeton
FAQ
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