Templeton Global Income Fund
GIM
New York Stock Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Templeton Global Income Fund (NYSE: GIM) is a closed-end management investment company that seeks high current income, with a secondary objective of capital appreciation. The Fund invests primarily in a global portfolio of fixed-income securities, including government bonds, corporate bonds and equities worldwide; it allocates significant exposure to emerging markets, including Mainland China, and may hold below-investment-grade debt, bank deposits or money market instruments. Under normal conditions, at least 80% of net assets are committed to income-producing securities such as debt from U.S. and foreign issuers; the portfolio is actively managed against the J.P. Morgan Global Government Bond Index benchmark. The Fund operates a managed distribution policy providing monthly distributions at an annual minimum fixed rate of 8% of average monthly net asset value, prioritizing net investment income and short-term capital gains before long-term gains or return of capital. It was formed in 1988 and is domiciled in the United States, with advisory services historically provided by Franklin Templeton affiliates in California. In recent developments, activist investor Saba Capital Management replaced the Fund's board and assumed management responsibilities from Franklin Templeton in 2023-2024, subject to shareholder approval; this strategic shift included plans for tender offers and a renewed share repurchase authorization of up to 10% of common shares for the fiscal year ending October 31, 2025.