Templeton Global Income Fund (GIM)

Saba Capital Income & Opportunities Fund II is a closed-end fund focused on generating income for investors. The fund's share price dropped after a transition in advisory, but has since performed fairly well compared to its sister fund, BRW. The fund aims to provide a distribution yield of about 9.04% annually, with the potential for special distributions.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Global Income Fund [NYSE: GIM] Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund's estimated sources of the distribution to be paid on December 29, 2023, and for the fiscal year 2024 year-to-date are as follows: Estimated Allocations for December Monthly Distribution as of November 30, 2023: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Reali.

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 CEFs continue to tread water, with real estate and interest rate-sensitive bond sectors performing well, while emerging market equity and convertibles performed poorly.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Global Income Fund [NYSE: GIM] today announced a total distribution from net investment income of $0.0987 per share comprised of a regular monthly distribution of $0.0288 and a special distribution of $0.0699 to meet excise tax requirements, payable on December 29, 2023, to shareholders of record on December 18, 2023 (Ex-Dividend Date: December 15, 2023). The Fund's Board of Trustees (the “Board”) has authorized a managed distribution plan pursu.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Global Income Fund [NYSE: GIM]: Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940  The Fund's estimated sources of the distribution to be paid on November 30, 2023, and for the fiscal year 2023 year-to-date are as follows: Estimated Allocations for November Monthly Distribution as of October 31, 2023:   Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Re.

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 transition into a Saba-managed fund, and we offer our thoughts on what investors should do now.

NEW YORK--(BUSINESS WIRE)--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, for providing investment management services to the Fund (the “Adviser Transition”). The Adviser Transition will occur on or about the close of business on December 31, 2023. In connection w.

NEW YORK--(BUSINESS WIRE)--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 Time, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders on a pro rata basis, after dis.

NEW YORK--(BUSINESS WIRE)--Templeton Global Income Fund (NYSE: GIM) (the “Fund”) today announced preliminary results of its tender offer (the "Tender Offer") to purchase for cash up to 45% of its outstanding common shares (the "Shares"), which expired on November 9, 2023 at 5:00 p.m., Eastern Time. Based on preliminary information, approximately 70,525,164 Shares were properly tendered. Because the Tender Offer was oversubscribed, the relative number of Shares that will be purchased from each s.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0280 per share, payable on November 30, 2023, to shareholders of record on November 17, 2023 (Ex-Dividend Date: November 16, 2023). The Fund's Board of Trustees (the “Board”) has authorized a managed distribution plan pursuant to which the Fund makes monthly distributions to shareholders at an annual minimum fixed rate of 8%, based on the avera.

NEW YORK--(BUSINESS WIRE)--Templeton Global Income Fund (NYSE: GIM) (the “Fund”) today reported the results of its Special Meeting of Shareholders (the “Special Meeting”) held on October 25, 2023. The results show that all three proposals presented at the Special Meeting passed. Specifically, shareholders voted in favor of: The approval of a new investment management agreement between the Fund and Saba Capital Management, L.P. (“Saba”) (the “New Management Agreement”); The approval of making th.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Global Income Fund [NYSE: GIM]: Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940  The Fund's estimated sources of the distribution to be paid on October 31, 2023, and for the fiscal year 2023 year-to-date are as follows: Estimated Allocations for October Monthly Distribution as of September 30, 2023: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Real.

We review CEF market valuation and performance through the second week of October and highlight recent market action. CEFs had a good week; however, discount action remains depressed. Equity CEFs have to rely on total NAV performance to anchor their distributions rather than net income.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Global Income Fund (NYSE: GIM) (the “Fund”), today announced the commencement of a tender offer for its outstanding common shares. The Fund will purchase for cash up to 45% of its outstanding common shares, no par value, at a price equal to 99% of the Fund's NAV per share as determined as of the close of the regular trading session of the New York Stock Exchange (“NYSE”) on the day the tender offer expires. The tender offer will expire on Novemb.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0291 per share, payable on October 31, 2023, to shareholders of record on October 16, 2023 (Ex-Dividend Date: October 13, 2023). The Fund's Board of Trustees (the “Board”) has authorized a managed distribution plan pursuant to which the Fund makes monthly distributions to shareholders at an annual minimum fixed rate of 8%, based on the average.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Global Income Fund [NYSE: GIM] Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund's estimated sources of the distribution to be paid on September 29, 2023, and for the fiscal year 2023 year-to-date are as follows: Estimated Allocations for September Monthly Distribution as of August 31, 2023: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Reali.