Templeton Emerging Markets Income Stock Price, News & Analysis

The Templeton Emerging Markets Income Fund (NYSE: TEI) has announced a monthly distribution of $0.0439 per share from net investment income, scheduled for December 30, 2022. Shareholders of record on December 19, 2022 will receive this payment. The Fund operates under a managed distribution plan providing a minimum fixed rate of 10% annually. The Board can amend or terminate this Plan at any time, which may impact the market price of the shares. The actual distribution amounts for tax purposes will depend on the Fund's investment performance throughout the year.

The Templeton Emerging Markets Income Fund (NYSE: TEI) announced the estimated sources of its distribution for November 30, 2022, with a per-share distribution of $0.0420. This includes $0.0319 (76%) from net investment income and $0.0101 (24%) classified as return of capital. The cumulative distribution for the fiscal year-to-date totals $0.5663, with 65% from net investment income. The fund's managed distribution plan aims for a minimum annual rate of 10%, but future returns may not reflect investment performance.

The Templeton Emerging Markets Income Fund (NYSE: TEI) has announced a monthly distribution of $0.0420 per share, payable on November 30, 2022. Shareholders of record by November 17, 2022 are eligible to receive this dividend. The fund operates a managed distribution plan to maintain an annual minimum fixed rate of 10% based on average monthly net asset value (NAV). However, there are no guarantees regarding the success of this plan. If sufficient income is not available, the fund may distribute long-term capital gains or return of capital, which does not reflect investment performance.

The Templeton Emerging Markets Income Fund (TEI) will pay a monthly distribution of $0.0456 per share on October 31, 2022. This amount is derived from $0.0341 (75%) of net investment income, with a portion attributed to return of capital. For the fiscal year-to-date as of September 30, 2022, the estimated cumulative distribution is $0.5207 per share, which includes $0.3337 (64%) from net investment income. The Fund has an annualized distribution rate of 10.77% based on its average NAV. However, it has seen a -10.13% decline in average annual total return over the past five years.

In Q3 2022, three closed-end funds, DMO, EMF, and TEI, executed share repurchases to enhance shareholder value. DMO repurchased 2,974 shares, totaling 34,356 since program inception. EMF led with 112,047 shares in Q3 and 2,333,969 overall. TEI's activity included 114,888 shares this quarter, with 900,461 since inception. The funds aim to buy back shares when trading below net asset value (NAV), thereby increasing NAV for remaining shareholders. Buybacks will be detailed in future fiscal reports.

Templeton Emerging Markets Income Fund (NYSE: TEI) announced a monthly distribution of $0.0456 per share, payable on October 31, 2022, to shareholders of record on October 17, 2022. The Fund operates under a managed distribution plan, guaranteeing a minimum annual rate of 10% based on the average monthly net asset value (NAV). Distributions may include net ordinary income, short-term capital gains, long-term capital gains, or return of capital. The Board can amend or terminate the plan without notice, which could impact market prices.

Templeton Emerging Markets Income Fund (NYSE: TEI) announced its distribution sources as of August 31, 2022, with a monthly payment of $0.0480 per share. This consists of $0.0429 (89%) from net investment income and $0.0051 (11%) classified as a return of capital. Year-to-date, cumulative distributions total $0.4727 per share, predominantly from net investment income (62%). The Fund's managed distribution plan aims for a minimum annual distribution rate of 10% of average NAV. Shareholders are cautioned that distributions may not reflect the Fund's performance.

Templeton Emerging Markets Income Fund (NYSE: TEI) has announced a monthly distribution of $0.0480 per share, payable on September 30, 2022. The payment will be distributed to shareholders of record as of September 19, 2022, with an ex-dividend date of September 16, 2022. The Fund operates under a managed distribution plan that provides a minimum fixed rate of 10% annually based on the average monthly net asset value. However, the sustainability of these distributions is not guaranteed and may involve returns of capital.

Templeton Emerging Markets Income Fund (NYSE: TEI) announced estimated sources of its August 2022 distribution of $0.0463 per share. Of this, 73% is derived from net investment income, while 27% represents a return of capital. For the fiscal year to date, the total distribution per share is $0.4264, consisting of 60% net investment income and 40% return of capital. Shareholders are cautioned against interpreting distribution amounts as an indicator of investment performance, as returns of capital may occur and do not reflect yield. The managed distribution plan aims for a fixed annual rate of 10% but carries no guarantees.