New Century Advisors buys $1,070,016 stake in Templeton Emerging Markets Income Fund (TEI)

Templeton Emerging Markets Income Fund (TEI) : New Century Advisors scooped up 6,001 additional shares in Templeton Emerging Markets Income Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 101,616 shares of Templeton Emerging Markets Income Fund which is valued at $1,070,016.Templeton Emerging Markets Income Fund makes up approximately 1.28% of New Century Advisors’s portfolio.

Templeton Emerging Markets Income Fund closed down -0.12 points or -1.12% at $10.56 with 71,273 shares getting traded on Wednesday. Post opening the session at $10.66, the shares hit an intraday low of $10.55 and an intraday high of $10.66 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Old Second National Bank Of Aurora boosted its stake in TEI in the latest quarter, The investment management firm added 699 additional shares and now holds a total of 1,000 shares of Templeton Emerging Markets Income Fund which is valued at $10,530. Next Financial Group Inc added TEI to its portfolio by purchasing 1,030 company shares during the most recent quarter which is valued at $10,846. Clean Yield Group added TEI to its portfolio by purchasing 1,500 company shares during the most recent quarter which is valued at $15,585. Templeton Emerging Markets Income Fund makes up approx 0.01% of Clean Yield Group’s portfolio.Gradient Investments boosted its stake in TEI in the latest quarter, The investment management firm added 250 additional shares and now holds a total of 1,860 shares of Templeton Emerging Markets Income Fund which is valued at $19,325.Creative Planning reduced its stake in TEI by selling 1,140 shares or 69.68% in the most recent quarter. The Hedge Fund company now holds 496 shares of TEI which is valued at $5,139.

Templeton Emerging Markets Income Fund is a closed-ended management investment company. It provides asset management services. The Fund seeks high current income with a secondary goal of capital appreciation by investing normally at least 80% of its total net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. It invests in bonds from emerging markets around the world to generate income for the Fund seeking opportunities while monitoring changes in interest rates currency exchange rates and credit risk. Its investments include companies located in Brazil Hungary Ukraine Vietnam India Indonesia and Sri Lanka among others. Franklin Advisers Inc. is the company’s investment advisor.

Leave a Reply

Templeton Emerging Markets Income Fund - Is it time to Sell?

Top Brokerage Firms are advising their investors on Templeton Emerging Markets Income Fund. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.