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 > as an example, I would have to be paid ~2800 shares Per deb

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Post by HCI_STEELon Apr 21, 2018 4:31pm

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as an example, I would have to be paid ~2800 shares Per deb

1000.00 face value would give me ~2800 shares of TEI at the current market price, BUT in my experience, the share price would drop much further if the deb offer isn't passed. So my debs will give me at least 33,000 shares.

A bump of 1/2% interest isn't going to convince me to vote yes. The conversion price change is irrelevant to me.

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