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TEI - Star Bond Fund Manager Michael Hasenstab Hits A Rough Patch - I'm Looking At His Fund
Templeton Emerging Markets Income Fund Inc.
Intro
Dr. Michael Hasenstab (see bio here) began working at Franklin Templeton Funds in California in 1995. Aside from taking time off to earn his PhD, he has spent his whole career with the fund family. He manages several funds, including the Templeton Global Bond Fund (TGBAX), Templeton Income Fund (GIM) and Templeton Emerging Income (TEI). This piece will focus mostly on GIM.
It's Been A Rough Couple Of Months
During his considerable tenure, Hasenstab has chalked up some blockbuster years on behalf of clients. He has a