Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Announces Distribution
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2025
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Source: Businesswire
Monthly Distribution Announcement: Templeton Emerging Markets Income Fund has declared a monthly distribution of $0.0475 per share, payable on April 30, 2025, to shareholders recorded by April 17, 2025, as part of a managed distribution plan aimed at providing consistent returns.
Plan Details and Risks: The managed distribution plan may involve distributions from net ordinary income, short-term capital gains, or return of capital, and is subject to review and potential amendment or termination by the Board, which could impact the market price of the Fund's shares.
Analyst Views on TEI
Wall Street analysts forecast TEI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TEI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 6.660
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About 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.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
