Templeton Emerg Mkts Income:TEI

    Manage Alerts

    Overview

    As of 11/27/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$4.91$5.62-12.63%
    52 Wk Avg$5.06$5.65-10.38%
    52 Wk High$5.98$6.14-1.19%
    52 Wk Low$4.35$5.22-17.23%
    Regular Distribution Type†Income Only
    Distribution Rate10.75%
    Distribution Amount$0.0440
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    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.

    Capital Structure

    As of 11/27/2023

    Total Investment Exposure:$316.267M
    Total Common Assets:$266.267M
    Common Shares Outstanding:47,378,418
    Leverage

    As of 11/27/2023

    Preferred Share Assets:
    Total Debt (USD): $50.000M
    Regulatory Leverage (USD): $50.000M
    Effective Leverage (USD): $50.000M
    Effective Leverage (%): 15.81%
    Annual Expense Ratios

    As of 12/31/2022

      Per Common Share
    Management Fees1.00%
    Other Expenses:0.09%
    Baseline Expense: N/A
    Interest Expense:0.29%
    Total: 1.38%
    Fund Management

    Fund Sponsor
    Franklin Templeton Investments

    Portfolio Managers
    Calvin Ho, Michael J. Hasenstab

    Basics
    Category: Fixed Income - Taxable-Emerging Market Income
    Ticker: TEI
    NAV Ticker: XTEIX
    Average Daily Volume (shares): 178,940
    Average Daily Volume (USD): $0.907M
    Inception Date: 9/23/1993
    Inception Share Price: $15.00
    Inception NAV: $14.00
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 11/27/2023

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 6/30/2023    		 $0.2074
    Annualized Distribution Rate on NAV:
    As of 11/27/2023    		9.40%
    Total Return on NAV (12 months):
    As of 11/27/2023    		17.56%
    Avg. Portfolio Coupon:
    As of 11/27/2023    		 6.78%
    Total % Portfolio Effectively Leveraged:
    As of 11/27/2023     		15.81%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 11/28/2023

    PeriodAvg Discount
    6 Month-12.14%
    1 Year-10.38%
    3 Year-8.74%
    5 Year-9.58%
    Z-Score

    As of 11/27/2023

    PeriodZStat
    3 Month0.35
    6 Month-0.26
    1 Year-0.69
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 10/31/2023
    Category: Morningstar US CEF Emerging Market Income

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-9.19%1.16%1.29%4.22%
    2022-15.47%-16.24%-18.78%-18.52%
    20213.45%-6.84%-0.68%-3.27%
    2020-9.12%-6.18%-4.97%2.36%
    20193.51%-0.33%25.68%11.78%
    2018-6.19%-7.44%-14.24%-11.32%
    20178.10%9.92%18.72%15.27%
    201618.07%12.62%27.23%13.73%
    2015-4.71%-3.05%-7.81%-7.55%
    2014-8.72%-3.18%-4.03%-2.33%
    2013-12.85%0.11%-14.48%-9.06%
    201224.73%18.59%23.58%19.76%
    20113.89%1.65%1.89%2.24%
    201023.11%18.36%  
    200972.65%48.33%  
    2008-20.04%-16.53%  
    20076.26%6.33%  
    200619.07%16.96%  
    2005-2.85%5.38%  
    200410.52%14.38%  
    200326.65%25.46%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 10/31/2023
    Category: Morningstar US CEF Emerging Market Income

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 11/27/2023    		6.78%
    Number of Holdings:
    As of 10/31/2023    		151
    Annual Portfolio Turnover:
    As of 12/31/2022    		35.83%
    Asset Allocation

    As of 10/31/2023

    Top Sectors

    As of 10/31/2023

    Sector%Portfolio
    Government (Super Sector)105.42%
    Government102.07%
    Corporate (Super Sector)7.41%
    Corporate Bond7.39%
    Government Related3.35%
    Basic Materials1.25%
    Cyclical (Super Sector)1.25%
    Convertible0.02%
    Derivative (Super Sector)-0.06%
    Future Forward-0.06%
    Top Holdings

    As of 10/31/2023

    HoldingValue% Portfolio
    CITIBANK NA IRS RCV FIXED 8.675% 09/25/28 COP Pay$42.11M16.68%
    Oman (Sultanate Of) 4.75%$15.64M6.20%
    India (Republic of) 7.26%$14.36M5.69%
    Malaysia (Government Of) 3.899%$12.55M4.97%
    Ecuador (Republic Of) 3.5%$12.05M4.77%
    Dominican Republic 6.85%$11.97M4.74%
    Secretaria Tesouro Nacional 9.83986%$11.80M4.68%
    Reventazon Finance Trust 8%$10.76M4.26%
    Asian Development Bank 11.75%$10.67M4.23%
    CITIBANK NA IRS RCV FIXED 8.675% 09/25/28 COP Receive$-42.86M-16.98%
    Credit Quality

    As of 10/31/2023

    Maturity Breakdown

    As of 10/31/2023

    Country Allocation

    As of 10/31/2023

    Country% Portfolio
    Others - Fixed Income59.06%
    Malaysia - Fixed Income11.79%
    Mexico - Fixed Income8.18%
    Hungary - Fixed Income6.31%
    Indonesia - Fixed Income5.80%
    India - Fixed Income5.69%
    Brazil - Fixed Income5.37%
    United States - Fixed Income4.26%
    Colombia - Fixed Income1.92%
    Argentina - Fixed Income1.85%
    Canada - Equity1.25%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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