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Templeton Emerging Markets Income Fund T.TEI


Primary Symbol: TEI

Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.


NYSE:TEI - Post by User

Comment by BobTheKnob2on Jun 14, 2020 1:37pm
107 Views
Post# 31148574

RE: Voting documentation

RE: Voting documentation
Packum7 wrote: Has anyone received the voting info ?


It is the goofiest thing ever. They have not produced a thing, except excuses.

Since the deal was announced neither company has produced a financial report or a circular to vote upon.

Both companies have stated not to expect financial reportsuntilthe day the option agreement expires. That is some serious procrastination involved. Especially when considering that time is of the essence. 

It is almost like they have something to hide, or in the alternative they are in over their heads and do not have the management savvy to know what to do next.

It has a really bad management look.

Maybe they have no intention of cosing the deal.

If they worked for me, they would have already been put on notice, and most likely be out of a job already.
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