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 > Shills

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Comment by DerekChandleron Jun 28, 2020 12:19pm

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Post# 31200354

RE:RE:RE:Shills

Thanks HRc, and I understand your anger and frustration - I really do and I sympathise with it greatly.

I don't agree that this offer is testing the water though, I think I3E have been clever in acquiring the debt and they therefore hold most of the cards now. I personally think it's better to have a stake in I3E and hope they do well in the future, rather than going bankrupt and getting nothing.

It is absolutely your prerogative to vote no, but I think the wise thing to do would be to vote yes given the circumstances.

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