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home / news releases / GIM - GIM: Change Of Control Could Signal New Dawn For Investors

GIM - GIM: Change Of Control Could Signal New Dawn For Investors

Templeton Global Income Fund Inc.

2023-03-19 00:49:43 ET

Summary

  • GIM is an underperforming global income fund with -1.4% 10Yr average annual returns.
  • The fund pays a 9.5% distribution yield that has been funded entirely from ROC in 2021 and 2022.
  • Saba Capital recently won a proxy battle to have its nominees named to the board of trustees of GIM.
  • Hopefully, this is a sign that change for the better is coming for GIM investors.

For further details see:

GIM: Change Of Control Could Signal New Dawn For Investors
Stock Information
Company Name: Templeton Global Income Fund Inc.
Stock Symbol: GIM
Market: NYSE
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