Templeton Emerging Markets Income Stock Price, News & Analysis

The Templeton Emerging Markets Income Fund (NYSE: TEI) announced its estimated sources of distributions for January 2023, indicating a distribution per share of $0.0470. Of this amount, $0.0405 (86%) derives from net investment income, and $0.0065 (14%) is classified as a return of capital. For the fiscal year 2022, the cumulative estimated allocations total $0.6522 per share, with a return of capital making up $0.2168 (33%). The Fund operates under a managed distribution plan, targeting a fixed annual rate of 10% to maintain shareholder returns, although there are risks involved that may impact market performance.

Templeton Emerging Markets Income Fund (NYSE: TEI) announced a monthly distribution of $0.0470 per share, payable on January 31, 2023. Shareholders of record on January 19, 2023 will receive this distribution, with the Ex-Dividend date set for January 18, 2023. The Fund operates a managed distribution plan with a minimum annual fixed rate of 10%, which is based on the average monthly net asset value. Shareholders should note that the Fund's distributions may include long-term capital gains or return of capital, which do not directly reflect investment performance.

The Templeton Emerging Markets Income Fund (TEI) announced its estimated sources of distributions for December 2022 and fiscal year 2022. The monthly distribution per share is set at $0.0439, with 82% derived from net investment income. For the fiscal year, cumulative distributions total $0.6083 per share, of which 66% comes from net investment income. The Fund is operating under a managed distribution plan aimed at providing a minimum annual distribution rate of 10%. The Board can amend or terminate this plan at any time.

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.