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Templeton Emerging Markets Income Fund Inc - TEI STOCK NEWS

Welcome to our dedicated news page for Templeton Emerging Markets Income Fund (Ticker: TEI), a resource for investors and traders seeking the latest updates and insights on Templeton Emerging Markets Income Fund.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Templeton Emerging Markets Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Templeton Emerging Markets Income Fund's position in the market.

Rhea-AI Summary
Templeton Emerging Markets Income Fund (TEI) announces a monthly distribution of $0.0475 per share from net investment income, payable on April 30, 2024. The Fund's Board of Trustees has authorized a managed distribution plan to provide consistent monthly distributions to shareholders and narrow the discount between market price and net asset value. The Plan may distribute long-term capital gains and return of capital if sufficient income is not available monthly. Shareholders should be aware of potential adverse effects on market price due to plan amendments or terminations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
none
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Rhea-AI Summary
Templeton Emerging Markets Income Fund (TEI) announces sources of distributions for March 2024 and fiscal year 2024. The estimated allocations reveal a distribution per share of $0.0475 for March, with 92% from net investment income and 8% from net realized short-term capital gains. For the fiscal year-to-date, the distribution per share is $0.0950, with 74% from net investment income and 26% from return of capital. The Fund reports a cumulative loss in undistributed net realized and unrealized capital gains and losses totaling $3.5063 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
none
-
Rhea-AI Summary
Templeton Emerging Markets Income Fund (TEI) declares a monthly distribution of $0.0475 per share from net investment income, aiming to narrow the discount between market price and NAV. Shareholders may receive long-term capital gains or return of capital if income is insufficient. The Fund's Board can modify or end the distribution plan, potentially impacting share prices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
none
Rhea-AI Summary
Templeton Emerging Markets Income Fund (TEI) announces estimated sources of distributions for February 2024 and fiscal year 2024, with a breakdown of net investment income, capital gains, and return of capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
-
Rhea-AI Summary
Templeton Emerging Markets Income Fund (TEI) has announced a monthly distribution from net investment income of $0.0475 per share, payable on February 29, 2024, to shareholders of record on February 20, 2024. The Fund's Board of Trustees has authorized a managed distribution plan to provide consistent distributions each month and narrow the discount between the market price and the net asset value of the Fund's common shares. However, there is no assurance that the Plan will be successful. The Fund may distribute long-term capital gains and/or return of capital if sufficient distributable income is not available. The Board may amend or terminate the Plan at any time, which could have an adverse effect on the market price of the Fund's common shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
-
Rhea-AI Summary
Templeton Emerging Markets Income Fund (TEI) has announced the estimated sources of the distribution to be paid on January 31, 2024, and for the fiscal year 2023 year-to-date. The distribution per share is $0.0475 for January, with 72% coming from net investment income and 28% from return of capital. The cumulative estimated allocations for the fiscal year-to-date show a distribution per share of $0.5655, with 77% from net investment income, 4% from net realized short-term capital gains, and 19% from return of capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
Rhea-AI Summary
During the fourth quarter of 2023, several funds announced their share repurchase activity, including Western Asset Emerging Markets Debt Fund Inc. (EMD) with 949,123 shares repurchased. Share repurchases aim to enhance shareholder value by buying shares at a discount to the fund's net asset value. The difference between the purchase price and NAV results in incremental accretion to the Fund’s NAV for all shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
buyback
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Rhea-AI Summary
Templeton Emerging Markets Income Fund (TEI) announced a monthly distribution of $0.0475 per share from net investment income, payable on January 31, 2024, to shareholders of record on January 19, 2024. The Fund's Board of Trustees authorized a managed distribution plan to provide consistent monthly distributions and narrow the discount between market price and net asset value. The plan may include long-term capital gains and/or return of capital to maintain the distribution rate. The Board may amend or terminate the plan at any time, potentially affecting the market price of the Fund's common shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
-
Rhea-AI Summary
Templeton Emerging Markets Income Fund (TEI) announces estimated sources of distributions for December 29, 2023, and fiscal year 2023, including net investment income, realized capital gains, and return of capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
Rhea-AI Summary
Templeton Emerging Markets Income Fund (TEI) Implements New Managed Distribution Plan, Announces Level Distribution Amount of $0.0475 per share monthly, with an Annualized Distribution Rate of 10.10%
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Templeton Emerging Markets Income Fund Inc

NYSE:TEI

TEI Rankings

TEI Stock Data

248.89M
36.99%
0.05%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Fort Lauderdale

About TEI

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