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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

Comment by deerabbyon Jul 25, 2020 10:48am
60 Views
Post# 31318667

RE:RE:RE:RE:Dumb as a door knob ?

RE:RE:RE:RE:Dumb as a door knob ?Mr. Chandler, you are either dumb as a door knob or you are deliberately trying to obfuscate my argument.  If indeed, which I rather doubt, i3e share value increases substantially in the future, so that current Toscana shareholders who hold onto their converted shares to i3e would enjoy the uplift as you point out, my point is that they would have been able to have at least twice the number of i3e shares by selling their TEI shares in the market at twice the price offered by i3e then buying i3e shares with the proceeds.  If they could sell the shares at one cent they could have had four times the amount of i3e shares and would have benefitted even more!  I don't understand why TEI shareholders who were willing to be involved with I3e would not have dumped their shares to take advantage of such a deal!  The only explanation is that they don' t want to accept the offer (insult) at this price or they do not want to be involved with i3e at all, or, are as dumb as door knobs!  If you are English, then I don't know why you can't understand the Queen's language as written by a loyal Canadian!
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