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 > WTF Management?!?

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Comment by Darkone1on Sep 07, 2018 3:27pm

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RE:WTF Management?!?

They also just spent 12 million buying 250 bbls/day from insiders, maybe they need to explain the rational for that expenditure if share price is dropping. Using that math for the production would Equal 1750250=7 712000000(what they paid for 250bbl/day)=84000000 84000000- debt(24000000) - debentures(18000000) would equal 42000000 (thats using their numbers)approx. They need to comment!!

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