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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

Post by deerabbyon Jun 20, 2020 10:57am
101 Views
Post# 31172744

Valuation

ValuationA company's worth is not determined at the margin or in a glimpse of time.  It is not appropriate to look at a company's price of say one cent and conclude that is what it is worth .  Similarly, it is inappropriate to look short term at the price of oil or gas and that the value of the company should be reflected by the current prices in the market.  Doodoo happens, and there are fluctuations in markets that can drive you crazy, but these are price fluctuations, not value fluctuations.  The value of anything has to be looked at over time considering all the effort and resources that historically have gone into building whatever and what it would take to rebuild it.  If this were not true, then every time you had an argument with your spouse a divorce would ensue.  I strongly encourage our investors to take a wider view of our situation and reject this proposal as is and if we fail, we fail.
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