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

Doliver Capital Advisors LP grew its position in Templeton Emerging Markets Income Fund, Inc. (NYSE:TEI) by 102.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,195 shares of the company’s stock after purchasing an additional 30,517 shares during the quarter. Doliver Capital Advisors LP owned approximately 0.13% of Templeton Emerging Markets Income Fund worth $602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Sit Investment Associates Inc. boosted its position in shares of Templeton Emerging Markets Income Fund by 30.9% in the second quarter. Sit Investment Associates Inc. now owns 1,339,168 shares of the company’s stock worth $13,753,000 after purchasing an additional 315,896 shares during the period. Bank of America Corp DE lifted its holdings in shares of Templeton Emerging Markets Income Fund by 20.2% in the second quarter. Bank of America Corp DE now owns 469,758 shares of the company’s stock worth $4,825,000 after buying an additional 78,790 shares in the last quarter. Kelman Lazarov Inc. lifted its holdings in shares of Templeton Emerging Markets Income Fund by 22.2% in the second quarter. Kelman Lazarov Inc. now owns 281,629 shares of the company’s stock worth $2,892,000 after buying an additional 51,140 shares in the last quarter. Millennium Management LLC raised its stake in Templeton Emerging Markets Income Fund by 760.7% during the first quarter. Millennium Management LLC now owns 227,363 shares of the company’s stock valued at $2,569,000 after purchasing an additional 200,948 shares in the last quarter. Finally, LPL Financial LLC raised its stake in Templeton Emerging Markets Income Fund by 543.4% during the first quarter. LPL Financial LLC now owns 114,611 shares of the company’s stock valued at $1,295,000 after purchasing an additional 96,797 shares in the last quarter.

Templeton Emerging Markets Income Fund stock opened at $9.69 on Monday. Templeton Emerging Markets Income Fund, Inc. has a 52-week low of $9.53 and a 52-week high of $11.98.

The firm also recently declared a monthly dividend, which will be paid on Friday, November 30th. Investors of record on Thursday, November 15th will be paid a dividend of $0.066 per share. This represents a $0.79 dividend on an annualized basis and a yield of 8.17%. The ex-dividend date of this dividend is Wednesday, November 14th.

In related news, major shareholder Saba Capital Management, L.P. sold 18,662 shares of the company’s stock in a transaction on Friday, August 10th. The shares were sold at an average price of $10.50, for a total transaction of $195,951.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders have sold 581,098 shares of company stock worth $5,966,611.

Templeton Emerging Markets Income Fund Company Profile

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.

Read More: What is a Stop Order?

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)

Receive News & Ratings for Templeton Emerging Markets Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Templeton Emerging Markets Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply