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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

Post by deerabbyon Jun 11, 2020 11:47am
106 Views
Post# 31138802

Bankruptcy

BankruptcyI think they would have to go into bankruptcy which could be prolonged and cost a lot of money.  In any event there seem to be a number of us who would prefer that than to succumb to this outrageous offer.  Our management is supposed to be looking after the shareholders' interests, not self dealing.  Where are the regulators in all this?  It is obvious that both parties are trying to pull a fast one on shareholders.  This is nothing more than scummy business practices by scummy parties!
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