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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 21, 2020 9:29am
120 Views
Post# 31174065

Offer

OfferI can only assume that the vast majority of the shareholders agree with our position.  Either that or they sure are stupid.  We have i3e offering  .025 per share Canadian equivalent approximately, when there are bidders in the market offering twice that but no takers.  Some takers are accepting four times the i3e offer at one cent.  But if investors won't gladly and en masse, accept twice what i3e is offering, then they are either stupid or they silently agree with us that the offer is multiples too low.  We realize we have been severely wounded and may not ever break even, but at least get real guys and treat us right.  If, in the eyes of i3e, they don't feel they are taking advantage of us and stealing the company ( they are ) , and that this is all the company is worth to them, then move on and look for more pliable victims!
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