FMP
Templeton Emerging Markets Income Fund
TEI
NYSE
Templeton Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in bonds issued by sovereign or sovereign-related entities and private sector companies. The fund benchmarks the performance of its portfolio against the J.P. Morgan Emerging Markets Bond Index. Templeton Emerging Markets Income Fund was formed on September 23, 1993 and is domiciled in the United States.
5.44 USD
0.02 (0.368%)
Historical Prices
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About
ceo
Mr. Rupert Harris Johnson Jr.
sector
Financial Services
industry
Asset Management - Income
exchange
NYSE
Description
Templeton Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in bonds issued by sovereign or sovereign-related entities and private sector companies. The fund benchmarks the performance of its portfolio against the J.P. Morgan Emerging Markets Bond Index. Templeton Emerging Markets Income Fund was formed on September 23, 1993 and is domiciled in the United States.
CIK
0000909112
ISIN
US8801921094
CUSIP
880192109
Address
One Franklin Parkway
Phone
650-312-3000
Country
US
Employee
N/A
IPO Date
Sep 23, 1993
Financial Statement
Earnings
TEI Financial Summary
CIK
0000909112
Exchange
NYSE
Industry
Asset Management - I...
Sector
Financial Services
CUSIP
880192109
ISIN
US8801921094
Country
US
Price
5.44
Beta
0.55
Volume Avg.
195.34k
Market Cap
256.92M
Shares
-
52-Week
4.78-5.94
DCF
4.93
ROE
-
ROA
-
Operating Margin
-
Debt/Equity
-
P/E
17
P/B
-
Website
https://www.franklintempleton.com/investor/product...
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Discounted Cashflow Model
Discounted Cashflow Model Levered
Free Cashflow Build-Up
Terminal Value
Intrinsic Value
Weighted Average Cost of Capital
Market Information
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Latest TEI News
Seeking Alpha
Jun 14, 2024
TEI: Egyptian Currency Bet Is Interesting, But Hesitant To R...
Templeton Emerging Markets Income Fund offers high income, exposure to emerging markets, helps protect assets against inflation, and provides liquidity. The TEI closed-end fund's past performance shows significant underperformance compared to peers, but the high yield helps offset share price losses. The fund uses leverage to boost yield, pays monthly distributions, and trades discounted to net asset value, but future performance is uncertain.
Seeking Alpha
Mar 8, 2024
The Month In Closed-End Funds: February 2024
For the third month in four, equity CEFs (+1.81%) witnessed gains while their fixed income CEF (+0.52%) counterparts for the fourth month in a row posted plus-side returns.
Seeking Alpha
Feb 13, 2024
TEI: Underperforming EM Bond Fund, Better Alternatives Exist
Templeton Emerging Markets Income Fund is a fixed income fund focused on emerging markets, with a mandate to invest in income-producing securities. TEI performed well in 2023 based on NAV terms, but its total returns based on market price did not fare as well. The fund's performance has worsened compared to its benchmark and its peers, and it is shrinking in size with increasing expense ratios.
Seeking Alpha
Oct 14, 2023
TEI: Emerging Market Fund Not Earning Its Yield
The Templeton Emerging Markets Income Fund has delivered poor historical returns, with average annual returns of -1.9% over 10 years. Despite the underperformance, TEI offers a high distribution yield of 12.2%, funded through return of investors' own capital. The reliance on "rockstar" managers like Michael Hasenstab to make big bets introduces volatility and the risk of significant losses. Investors should avoid such funds.
Seeking Alpha
Aug 5, 2023
The Month In Closed-End Funds: July 2023
For the second consecutive month, equity CEFs (+2.69% on a NAV basis) on average chalked up plus-side performance while their fixed income CEF cohorts (+1.03%) also posted gains. At month end, 13% of all CEFs traded at a premium to their NAV, with 14% of equity CEFs and 12% of fixed income CEFs trading in premium territory. Emerging Markets CEFs (+5.95%) for the first month in six outperformed the other classifications in the equity CEF universe for July.
Seeking Alpha
Jul 8, 2023
The Month In Closed-End Funds: June 2023
In June, 92% of all closed-end funds (CEFs) posted net asset value (NAV)-based returns in the black, with average returns of 3.57% for equity CEFs and 1.63% for fixed income CEFs. The Natural Resources CEFs classification topped the equity leaderboard with a 6.29% return, while High Yield CEFs led the domestic taxable fixed income leaderboard with a 2.63% return. The median discount of all CEFs narrowed to 10.79% in June, with equity.
Seeking Alpha
May 10, 2023
Are You Thinking The Dollar Has Peaked? TEI Might Be For You
The Templeton Emerging Markets Income Fund is a fixed income CEF focused on local currency debt. With many analysts calling for peak dollar, TEI might be an attractive investment vehicle to take advantage of a weakening USD in the future.
Seeking Alpha
Mar 21, 2023
Weekly Closed-End Fund Roundup: March 12, 2023
Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.
