Templeton Emerging Markets Income Fund (TEI)
Templeton Emerging Markets Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $6.78, down 0.70% on the session, giving a market capitalisation of $320.3M. On trailing twelve-month figures it carries a trailing P/E of 3.41, a net margin of 205.1%. Its beta of 0.71 implies it has historically moved less than the broad market.
The Templeton Emerging Markets Income Fund functions as a closed-end mutual fund specializing in fixed-income, originally established by Franklin Resources, Inc. and currently managed by Franklin Advisers, Inc. Its investment approach centers on debt instruments within developing economies worldwide, primarily seeking out bonds issued by national governments, government-affiliated organizations, and private corporations. The fund's performance is gauged against the J.P. Morgan Emerging Markets Bond Index. This U.S.-domiciled fund commenced operations on September 23, 1993.
Templeton Emerging Markets Income Fund is most often compared with the following Financial Services names: