Templeton Emerging Markets, Inc.me Fund (AMEX:TEI)
A diversified closed-end investment management company. The fund seeks to provide high current income by investing primarily in a portfolio of high yielding debt obligations of sovereign entities.
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Fund with limited upside, obviously. Will not be able to keep up with a market that I believe will be doing very well in 5 years
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Result of quantitative screen, version B.
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RATED: "STRONG BUY"
-- SmarTrend, our proprietary pattern recognition system, called an Uptrend for Templeton Emerging Markets Income Fund (NYSE:TEI) on March 24, 2009 at $9.37.
Since then, Templeton Emerging Markets Income Fund has returned 53.3% as of today's recent price of $14.36.
DIVIDEND ANNOUNCED!!!
Templeton Emerging Markets Income Fund (NYSE: TEI) today announced its quarterly dividend from net investment income of $0.25 per share, payable on October 15, 2009 to shareholders of record on September 30, 2009 (Ex-Dividend Date: September 28, 2009).
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Templeton runs great funds.
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As the markets recover in different times in different countries, this fund is really well balanced and there is plenty of room for growth down the road. I bought a couple of days ago and like Templeton's mix in this fund.
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good financial and research team
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great diviends for a low price fund
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trading at less than asset value, paying 10+% dividend. Should be a great buy in a tax advantaged account.
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