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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 DerekChandleron Aug 17, 2020 3:36pm
78 Views
Post# 31419408

RE:RE:RE:No groundswell!

RE:RE:RE:No groundswell!But you do feel compelled to keep
posting here deerabby!  Somebody else even tried to generate a tally of no votes but it didn't amount to much.  I feel for you I really do, but most shareholders will vote to save something rather than get nothing in my opinion.  And shareholders in companies which are in default tend to get nothing.  So although it may seem like a bad deal for you, it's actually quite a good one really taking everything into consideration.  Gutting I know but I suspect the majority will vote Yes to the deal and be a part of a company with growth plans for the future.
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