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Managed Fund Since 2006
Fixed Income
TEI Templeton Emerging Markets Income Fund
Popular Documents
Overview
Fund Facts
Fund description
The fund seeks high, current income, with a secondary goal of capital appreciation, by investing under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries.
Section 16 Filings
Insiders' Beneficial Ownership Reports for this fund are available on the SEC website.
- Fund Inception Date
- 09/23/1993
- Total Net Assets
As of 12/31/2025 (Updated Monthly) - $319.63 Million
- Dividend Frequency, if any
- Monthly
- Morningstar Category
5 - Emerging Markets Bond
- Asset Class
- Fixed Income
Identifiers
- Ticker
- TEI
- NAV Symbol
- N/A
- CUSIP Code
- 880192109
Average Annual Total Returns As of 11/30/2025
- 32.89%1 Year
- 19.84%3 Years
- 7.19%5 Years
- 4.83%10 Years
- 7.44%Since Inception
09/23/1993
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Asset Allocation
As of 12/31/2025 - Market Value % of Total (Updated Monthly)
Fixed Income116.92%
Equity1.75%
Cash & Cash Equivalents-18.68%
Additional Fund Info
- Listing Exchange
- NYSE
- Fiscal Year End
- December 31
- Benchmark
- JP Morgan EMBI Global Index
- Lipper Classification
- N/A
- Investment Style
- Government
Trading Characteristics
- Shares Outstanding
- 47,228,418
- Daily Volume
- N/A
- Initial Offering (Shares of common stock /beneficial interest)
- 47,000,000.00
- Initial Offering Price
- $15.00
Manager
About the Team
Franklin Templeton Fixed Income
A global leader in fixed income, the team strives to provide consistent and resilient returns by combining deep fundamental research with rigorous portfolio construction. This solutions-drives approach means maintaining portfolio and risk exposures that align with client expectations.
Commentary Highlights
September 30, 2025Access the latest commentary, performance review and market outlook in one place.
Franklin Templeton Fixed Income
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Managed Fund Since 2018
Latest Insights
January 8, 2026
January 6, 2026
December 22, 2025
December 18, 2025
Performance
Calendar Year Returns
As of 11/30/2025
Templeton Emerging Markets Income Fund - Market Price (%)
Templeton Emerging Markets Income Fund - NAV (%)
JP Morgan EMBI Global Index (%)
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns based on Market Price or NAV, and assume the reinvestment of all distributions at the Dividend Reinvestment Plan Price or NAV, respectively. Returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Returns for periods of less than one year are not annualized.
Portfolio
Assets
As of12/31/2025 (Updated Monthly)
- Total Assets
- $384.63 Million
- Fixed Rate Loans
- 16.90%
- Total Net Assets
- $319.63 Million
Positions
As of 12/31/2025 (Updated Monthly)
Number of Holdings
- Fund
- 128
- Benchmark
- 1,010
Asset Allocation
As of 12/31/2025 - Market Value % of Total (Updated Monthly)
| Holdings | Fund |
|---|---|
Fixed Income | 116.92% |
Equity | 1.75% |
Cash & Cash Equivalents | -18.68% |
Distributions & Tax
- Distribution Frequency
- MonthlyThis fund is an ex-Dividend fund
Rates and Yields
Distribution Rate
At Net Asset Value (NAV) 8.32%
At Market Price 8.60%
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
12/15/2025
11/17/2025
10/17/2025
09/18/2025
08/18/2025
07/18/2025
06/16/2025
05/19/2025
04/17/2025
03/17/2025
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report for specific information regarding distributions.
Pricing
Pricing History
As of 01/08/2026 (Updated Daily)
Daily Fund Prices
As of 01/08/2026
Share Prices
As of 01/08/2026
52-Week Range
- Highest NAV
As of 12/12/2025 - $7.00
- Lowest NAV
As of 04/08/2025 - $5.41
- Highest Market Price
As of 12/05/2025 - $6.64
- Lowest Market Price
As of 04/10/2025 - $4.91
Premium / Discount
As of 01/08/2026
- Avg. of Market Price vs. NAV since Inception
- -7.14%
- Avg. of Market Price vs. NAV at Close
- -3.95%
Press Releases
12/30/2025
12/05/2025
11/26/2025
11/07/2025
10/30/2025
10/07/2025
09/29/2025
09/08/2025
08/28/2025
08/07/2025
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Templeton Emerging Markets Income Fund | |||
| Product Commentary - Templeton Emerging Markets Income Fund | |||
| Closed-End Funds Product Guide | |||
| Distribution Summary - Franklin Templeton Closed-End Fund |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Templeton Emerging Markets Income Funds | |||
| Semi-Annual Report - Templeton Emerging Markets Income Funds | |||
| TEI Section 19 Notice as of 01/31/23 | |||
| TEI Section 19 Notice as of 01/31/23 | |||
| TEI Section 19 Notice as of 01/31/24 | |||
| TEI Section 19 Notice as of 01/31/25 | |||
| TEI Section 19 Notice as of 02/28/25 | |||
| TEI Section 19 Notice as of 02/29/24 | |||
| TEI Section 19 Notice as of 03/28/24 | |||
| TEI Section 19 Notice as of 03/31/23 | |||
| TEI Section 19 Notice as of 03/31/25 | |||
| TEI Section 19 Notice as of 04/28/23 | |||
| TEI Section 19 Notice as of 04/30/24 | |||
| TEI Section 19 Notice as of 04/30/25 | |||
| TEI Section 19 Notice as of 05/30/25 | |||
| TEI Section 19 Notice as of 05/31/23 | |||
| TEI Section 19 Notice as of 05/31/24 | |||
| TEI Section 19 Notice as of 06/28/24 | |||
| TEI Section 19 Notice as of 06/30/23 | |||
| TEI Section 19 Notice as of 06/30/25 | |||
| TEI Section 19 Notice as of 07/31/23 | |||
| TEI Section 19 Notice as of 07/31/24 | |||
| TEI Section 19 Notice as of 07/31/25 | |||
| TEI Section 19 Notice as of 08/29/25 | |||
| TEI Section 19 Notice as of 08/30/24 | |||
| TEI Section 19 Notice as of 08/31/23 | |||
| TEI Section 19 Notice as of 09/29/23 | |||
| TEI Section 19 Notice as of 09/30/24 | |||
| TEI Section 19 Notice as of 09/30/25 | |||
| TEI Section 19 Notice as of 10/31/23 | |||
| TEI Section 19 Notice as of 10/31/24 | |||
| TEI Section 19 Notice as of 10/31/25 | |||
| TEI Section 19 Notice as of 11/28/25 | |||
| TEI Section 19 Notice as of 11/29/24 | |||
| TEI Section 19 Notice as of 11/30/23 | |||
| TEI Section 19 Notice as of 12/29/23 | |||
| TEI Section 19 Notice as of 12/31/24 | |||
| TEI Section 19 Notice as of 12/31/25 | |||
| Fiscal Q1 Holdings - Templeton Emerging Markets Income Funds | |||
| Fiscal Q3 Holdings - Templeton Emerging Markets Income Funds |
Risks
All investments involve risks, including possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Liquidity risk exists when securities or other investments become more difficult to sell, or are unable to be sold, at the price at which they have been valued. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated.
Important Information
The Closed-End Funds are not sold or distributed by Franklin Distributors, LLC. (FD, LLC) or any Franklin Templeton affiliated companies. Unlike open-end funds, shares are not continually offered. Like other public companies, closed-end funds have a one-time initial public offering, and once their shares are first issued, are generally bought and sold through non-affiliated broker/dealers and trade on nationally recognized stock exchanges. Share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than your original investment. Shares of exchange-traded closed-end funds may trade at a discount or premium to their original offering price, and often trade at a discount to their net asset value. Investment return, market price and net asset value will fluctuate with changes in market conditions. The Funds are subject to investment risks, including the possible loss of principal invested.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Indexes are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.