GIM News and Press, Templeton Global Income Fund Inc. From 12/25/23

2023-12-25 07:00:00 ET Summary Fed signals more rate cuts for 2024, leading to a melt-up in risk assets and new all-time highs for Dow Jones. Inflation remains steady, with producer prices rising at the slowest pace in three years and core inflation running at 2.0% for the year. ...

2023-12-18 04:45:22 ET Summary Templeton Dragon Fund has commenced an issuer tender offer to purchase up to 25% of its common shares at 98% of NAV. The tender offer is a generous one and originates from City of London Investment Management Company instead of the usual activist pla...

2023-12-15 13:00:00 ET Summary Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, meaning higher rates for longer. Discounts for CE...

2023-12-08 07:47:38 ET More on Templeton Global Income Fund GIM: Tender Results And Going Forward GIM Tender Offer Results Confirm Advantages Of Tendering 100% I'm Buying Some GIM To Jump On The Saba Bandwagon Dividend scorecard for Templeton Global Income Fu...

2023-12-07 18:01:15 ET Summary Saba Capital, founded by Boaz Weinstein, has won industry awards and focuses on activism to close discounts in closed-end funds. The Saba Closed-End Funds ETF aims to generate high income and currently yields around 9%. CEFS has a history of soli...

2023-11-29 09:17:13 ET Summary Templeton Global Income Fund's tender offer for 45% of shares at 99% of NAV has concluded. The potential gain from the tendered shares should be balanced against the expected loss due to the post-tender drop of the untendered shares. GIM will tra...

2023-11-28 01:30:00 ET Summary We turn more positive on short- to medium-term developed market (DM) sovereign bonds in our latest strategic update. We trim DM stocks to neutral. Ten-year U.S. Treasury yields steadied after their drop from 16-year highs. We think yields will stay v...

Templeton Global Income Fund (NYSE: GIM) (the “Fund”) today announced an update regarding the upcoming Adviser Transition, whereby Saba Capital Management, L.P. ("Saba") will assume responsibility from Franklin Advisers, Inc. ("Franklin Advisers"), the current manager of the Fund, f...

2023-11-16 15:44:47 ET Summary The results are in on Templeton Global Income Fund's tender offer. Shareholders who did not participate in the tender offer subsidized the premium price received by those who tendered. Shareholders who participated got 25 cents more than market p...

Templeton Global Income Fund (NYSE: GIM) (the “Fund”) today announced final results of its tender offer (the "Tender Offer") to purchase for cash up to 45% of its outstanding common shares (the "Shares"). The Tender Offer, which expired on November 9, 2023 at 5:00 p.m. Eastern T...