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.

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Templeton Emerging Markets Income Fund > No groundswell!

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Comment by Harel1976on Aug 19, 2020 1:51pm

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Post# 31429597

RE:RE:RE:RE:RE:RE:No groundswell!

The numbers i reffer to are the assets that will remain to i3e. Gain is debt free, tei comes with a big debt that alone balance the tax returns. I know you want the reward of i3e debt buing, but that is their reward not yours. So the 26m pdp and 54m 2p reserves amount to 80m boe while tei brings 4.5m boe so 20:1 is about right.

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