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 > Takeover

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Post by deerabbyon Dec 26, 2018 12:54pm

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Post# 29157699

Takeover

The stock market is collapsing and US shale production is projected to boom. The prospects for TEI are glum. If you’re intending to take over this company you’ll get a lot more bang for the buck at .02 than .10 . I am guessing that there is a non-zero value of the company due to some carry-over tax loss benefit, but who knows.

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