Templeton Global Income Fund, Inc. (NYSE:GIM) is expected to pay $0.03 on Sep 30, 2016. The indicated annual dividend is $0.30. Shareholders owning the stock before Sep 14, 2016 will be eligible to receive the payout. Based on Templeton Global Income Fund, Inc.’s current price of $6.26, the dividend is 0.40%. This dividend’s record date is Sep 16, 2016 and the announcement date is Sep 1, 2016. About 112,366 shares traded hands. Templeton Global Income Fund (NYSE:GIM) has risen 3.26% since February 8, 2016 and is uptrending. It has underperformed by 13.23% the S&P500.
Templeton Global Income Fund is a closed-end investment company. The company has a market cap of $839.33 million. The Fund seeks high, current income, with a secondary goal of capital appreciation. It currently has negative earnings. Under normal market conditions, the Fund invests at least 80% of its net assets in income-producing securities, including debt securities of U.S. and foreign issuers, including emerging markets.
The institutional sentiment decreased to 0.73 in 2016 Q2. Its down 0.02, from 0.75 in 2016Q1. The ratio worsened, as 11 funds sold all Templeton Global Income Fund shares owned while 37 reduced positions. 11 funds bought stakes while 24 increased positions. They now own 23.45 million shares or 5.75% less from 24.88 million shares in 2016Q1.
Integrated Wealth Counsel Llc holds 12.93% of its portfolio in Templeton Global Income Fund for 883,814 shares. Windsor Capital Management Llc owns 673,239 shares or 2.5% of their US portfolio. Moreover, Evanson Asset Management Llc has 2.16% invested in the company for 1.12 million shares. The Michigan-based Financial & Investment Management Group Ltd has invested 2.04% in the stock. Rivernorth Capital Management Llc, a Illinois-based fund reported 3.59 million shares.
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