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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

Post by deerabbyon Oct 01, 2020 9:20am
96 Views
Post# 31647909

Manipulation?

Manipulation?If indeed the recent volume transactions are a back door attempt by i3e and TEI management to cement a yes vote by 'hiring' third parties to acquire shares in TEI and then vote for the merger, I certainly hope the Canadian authorities who review these transactions will investigate and see through such a malfeasance or otherwise they could personally be in doo-doo!  It is obvious, especially so close to the vote, that no intelligent investor would acquire shares at a price so in excess of what is being offered them on the takeover.  In fact, as the price of i3e is now below 4 pence, it won't be long before TEI investors are required to pay i3e to take them over!  Don't be sucked in.....vote NO !
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