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 > Bad math

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Comment by BobTheKnob2on Jun 23, 2020 3:45pm

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Post# 31182575

RE:RE:RE:RE:Bad math

Foodispriority wrote: I wonder if today's buyers have their math wrong? Could it be that the market knows how ridiculous this offer is and that it will fail? To save me some time does anyone know how many shares management hold?

Last I checked a week or two ago, they own the grand total of ZERO shares.

It is my opinion that the two brothers decided to hook up these two companies (one brother works for each company) to keep therir nice cushy jobs, given the pathetic performance of both of them.

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