Templeton Emerging Markets Income Fund

Frequently Asked Questions About TEI

What does TEI invest in?

The Templeton Emerging Markets Income Fund functions as a closed-end mutual fund specializing in fixed-income, originally established by Franklin Resources, Inc. and currently managed by Franklin Advisers, Inc. Its investment approach centers on debt instruments within developing economies worldwide, primarily seeking out bonds issued by national governments, government-affiliated organizations, and private corporations. The fund's performance is gauged against the J.P. Morgan Emerging Markets Bond Index. This U.S.-domiciled fund commenced operations on September 23, 1993.

What is the expense ratio of TEI?

Templeton Emerging Markets Income Fund (TEI) charges an expense ratio of 2.37%. This is the annual fee deducted from fund assets to cover management and operations.

What is TEI's dividend yield?

TEI's trailing-twelve-month yield is 16.98%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TEI?

Effective duration measures TEI's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TEI's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of TEI?

TEI's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of TEI?

Yield to maturity (YTM) is the total return you'd earn from TEI if every bond in the portfolio is held to maturity at the current price. TEI's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.