Moisand Fitzgerald Tamayo Exits Position in Templeton Emerging Markets Income Fund (TEI)

Templeton Emerging Markets Income Fund (TEI) : Moisand Fitzgerald Tamayo has sold out all of its stake in Templeton Emerging Markets Income Fund during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 270 shares of Templeton Emerging Markets Income Fund which is valued at $2,962.

Other Hedge Funds, Including , Sg Americas Securities sold out all of its stake in TEI during the most recent quarter. The investment firm sold 30,711 shares of TEI which is valued $336,900.Bartlett reduced its stake in TEI by selling 1,400 shares or 8.25% in the most recent quarter. The Hedge Fund company now holds 15,569 shares of TEI which is valued at $170,325. Templeton Emerging Markets Income Fund makes up approx 0.01% of Bartlett’s portfolio.New Century Advisors boosted its stake in TEI in the latest quarter, The investment management firm added 35,000 additional shares and now holds a total of 136,616 shares of Templeton Emerging Markets Income Fund which is valued at $1,500,044. Templeton Emerging Markets Income Fund makes up approx 2.00% of New Century Advisors’s portfolio. Deschutes Portfolio Strategy sold out all of its stake in TEI during the most recent quarter. The investment firm sold 25,800 shares of TEI which is valued $279,672.

Templeton Emerging Markets Income Fund opened for trading at $10.94 and hit $11.04 on the upside on Monday, eventually ending the session at $10.96, with a gain of 0.27% or 0.03 points. The heightened volatility saw the trading volume jump to 75,087 shares. Company has a market cap of $515 M.

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.

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