Templeton Emerging Markets Income Fund, Inc. (TEI) Holdings Reduced by Doliver Capital Advisors LP

Doliver Capital Advisors LP decreased its position in shares of Templeton Emerging Markets Income Fund, Inc. (NYSE:TEI) by 81.7% during the first quarter, HoldingsChannel.com reports. The fund owned 10,579 shares of the company’s stock after selling 47,135 shares during the quarter. Doliver Capital Advisors LP’s holdings in Templeton Emerging Markets Income Fund were worth $120,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Thomas J. Herzfeld Advisors Inc. bought a new stake in Templeton Emerging Markets Income Fund during the 4th quarter worth approximately $150,000. Vident Investment Advisory LLC raised its stake in Templeton Emerging Markets Income Fund by 11.7% during the 4th quarter. Vident Investment Advisory LLC now owns 504,774 shares of the company’s stock worth $5,638,000 after acquiring an additional 53,042 shares during the period. Millennium Management LLC raised its stake in Templeton Emerging Markets Income Fund by 66.1% during the 4th quarter. Millennium Management LLC now owns 26,415 shares of the company’s stock worth $295,000 after acquiring an additional 10,515 shares during the period. Goldman Sachs Group Inc. bought a new stake in Templeton Emerging Markets Income Fund during the 4th quarter worth approximately $122,000. Finally, Guggenheim Capital LLC raised its stake in Templeton Emerging Markets Income Fund by 137.8% during the 4th quarter. Guggenheim Capital LLC now owns 37,993 shares of the company’s stock worth $424,000 after acquiring an additional 22,016 shares during the period.

Templeton Emerging Markets Income Fund opened at $10.70 on Friday, according to MarketBeat. Templeton Emerging Markets Income Fund, Inc. has a 12 month low of $10.41 and a 12 month high of $11.98.

In related news, insider Bates Ann Torre acquired 4,425 shares of Templeton Emerging Markets Income Fund stock in a transaction dated Wednesday, May 2nd. The shares were purchased at an average price of $11.33 per share, for a total transaction of $50,135.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Saba Capital Management, L.P. sold 65,349 shares of Templeton Emerging Markets Income Fund stock in a transaction that occurred on Wednesday, May 9th. The shares were sold at an average price of $10.91, for a total transaction of $712,957.59. The disclosure for this sale can be found here. In the last 90 days, insiders have acquired 173,027 shares of company stock worth $1,991,128.

About Templeton Emerging Markets Income Fund

Templeton Emerging Markets Income Fund (the Fund) is a non-diversified, closed-ended 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.

Want to see what other hedge funds are holding TEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Templeton Emerging Markets Income Fund, Inc. (NYSE:TEI).

Institutional Ownership by Quarter for Templeton Emerging Markets Income Fund (NYSE:TEI)

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