# Templeton Emerging Markets Income Fund (TEI): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tei for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Franklin Templeton · Asset class: Bond - Strategy: Thematic · Inception: 1993-09-23 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. ## Key Facts | Metric | Value | |---|---| | Price | $6.05 | | Expense Ratio | 2.37% | | Assets Under Management | $285.7M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 20.72% | | Annual Distribution (TTM) | $1.25 /share | | Distribution Frequency | Monthly | | 52-Week Range | $5.75 – $7.00 | | Beta | 0.73 | ## Latest Distribution - Amount: $0.0540 /share - Ex-date: 2026-12-23 - Pay date: 2026-12-31 ## Frequently Asked Questions ### 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 20.72%, 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. ### Does TEI pay a dividend? Yes, Templeton Emerging Markets Income Fund (TEI) distributes dividends to shareholders. The trailing-twelve-month yield is 20.72%. Full dividend history is on this page. ### How often does TEI pay dividends? Templeton Emerging Markets Income Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is TEI's next ex-dividend date? The most recently announced ex-dividend date for TEI was 2026-12-23. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will TEI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.37% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TEI charge its expense ratio? The expense ratio is deducted in tiny daily slices from TEI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TEI cost more than a fund like VOO? TEI's strategy (current expense ratio 2.37%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where TEI sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to TEI? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TEI (2.37%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tei - Distribution history: https://www.dividenddata.com/funds/tei/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tei/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tei/expenses - Peer comparison: https://www.dividenddata.com/funds/tei/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.