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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 Sjakkspillon Nov 07, 2017 12:58am
181 Views
Post# 26916184

RE:gift at 80 cents today

RE:gift at 80 cents todayDepends on what happens with natural gas prices as the company is about 60% NG. They really missed a chance to hedge much better last winter. Weak netbacks in the third quarter so, even though the share float is very small, the debt is high. Hopefully more assets can be sold to pay down debt and gas prices improve a little more so that the company can get another chance to hedge above $3 and oil in the 70s CA. If this happens and Durante can get the dividend going again then this stock will take off in my opinion.
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