Financial Investment Management Group Ltd Lowers stake in Templeton Global Income Fund (GIM)

Templeton Global Income Fund (GIM) : Financial Investment Management Group Ltd reduced its stake in Templeton Global Income Fund by 14.87% during the most recent quarter end. The investment management company now holds a total of 897,075 shares of Templeton Global Income Fund which is valued at $5,624,660 after selling 156,729 shares in Templeton Global Income Fund , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.Templeton Global Income Fund makes up approximately 1.91% of Financial Investment Management Group Ltd’s portfolio.

Other Hedge Funds, Including , Koshinski Asset Management added GIM to its portfolio by purchasing 23,202 company shares during the most recent quarter which is valued at $145,477. Templeton Global Income Fund makes up approx 0.07% of Koshinski Asset Management’s portfolio.Msi Financial Services Inc boosted its stake in GIM in the latest quarter, The investment management firm added 2,442 additional shares and now holds a total of 18,566 shares of Templeton Global Income Fund which is valued at $117,337.Kelman-lazarov boosted its stake in GIM in the latest quarter, The investment management firm added 36,250 additional shares and now holds a total of 993,278 shares of Templeton Global Income Fund which is valued at $6,277,517. Templeton Global Income Fund makes up approx 3.57% of Kelman-lazarov’s portfolio. Telemus Capital added GIM to its portfolio by purchasing 19,375 company shares during the most recent quarter which is valued at $121,481. Templeton Global Income Fund makes up approx 0.01% of Telemus Capital’s portfolio.

Templeton Global Income Fund closed down -0.05 points or -0.79% at $6.27 with 2,44,339 shares getting traded on Friday. Post opening the session at $6.32, the shares hit an intraday low of $6.2601 and an intraday high of $6.34 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Templeton Global Income Fund (the Fund) is a closed-end investment company. The Fund seeks high current income with a secondary goal of capital appreciation. Under normal market conditions the Fund invests at least 80% of its net assets in income-producing securities including debt securities of U.S. and foreign issuers including emerging markets. The Fund’s investment manager is Franklin Advisers Inc. The Fund invests in the Institutional Fiduciary Trust Money Market Portfolio (Sweep Money Fund) an open-end investment company. The Fund portfolio includes foreign government and agency securities and short term investments and other assets.

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