Templeton Global Income Fund (GIM) : Shaker Financial Services added new position in Templeton Global Income Fund during the most recent quarter end. The investment management firm now holds 166,300 shares of Templeton Global Income Fund which is valued at $1,059,331 , the company said in a statement filed on Aug 1, 2016 with the SEC.Templeton Global Income Fund makes up approximately 0.71% of Shaker Financial Services’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc boosted its stake in GIM in the latest quarter, The investment management firm added 419 additional shares and now holds a total of 16,124 shares of Templeton Global Income Fund which is valued at $103,516.Evanson Asset Management reduced its stake in GIM by selling 29,542 shares or 2.56% in the most recent quarter. The Hedge Fund company now holds 1,124,055 shares of GIM which is valued at $7,328,839. Templeton Global Income Fund makes up approx 2.14% of Evanson Asset Management’s portfolio.
Templeton Global Income Fund opened for trading at $6.36 and hit $6.41 on the upside on Thursday, eventually ending the session at $6.4, with a gain of 0.47% or 0.03 points. The heightened volatility saw the trading volume jump to 2,03,246 shares. Company has a market cap of $829 M.
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 Funds 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.