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 > Derek, Derek, Derek.....

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Comment by DerekChandleron Jun 29, 2020 2:01pm

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Post# 31204098

RE:RE:RE:RE:RE:Derek, Derek, Derek.....

Fair or not, if you owe me money secured against your assets and you can't pay me, I can repossess you're assets. To be frank it's quite lucky for Toscana shareholders that there is an opportunity to get something of value out of this. 99 times out of 100, a company in default on its debt would go bankrupt and shareholders would get nothing.

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