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

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Post by Foodispriorityon Jun 12, 2020 11:37am

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Post# 31143547

Verbal assessment

This whole deal stank as soon as they only got a verbal fairness opinion. Now no one can see what assumptions mgmt told to Sayer. I am here as a previous debenture holder so I would like mgmt to wear this like they are supposed to. Obviously I will be voting NO, but would rather see them get their act together and run this company. If they are unable to do that then go and find someone with the will to do it and get out of the way.

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