Private Harbour Investment Management & Counsel LLC cut its holdings in shares of Templeton Global Income Fund, Inc. (NYSE:GIM) by 31.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,893 shares of the financial services provider’s stock after selling 12,575 shares during the period. Private Harbour Investment Management & Counsel LLC’s holdings in Templeton Global Income Fund were worth $188,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GIM. Flagship Harbor Advisors LLC lifted its stake in Templeton Global Income Fund by 6.4% during the second quarter. Flagship Harbor Advisors LLC now owns 14,867 shares of the financial services provider’s stock worth $100,000 after purchasing an additional 900 shares during the last quarter. Sigma Planning Corp increased its holdings in shares of Templeton Global Income Fund by 80.4% during the second quarter. Sigma Planning Corp now owns 25,339 shares of the financial services provider’s stock worth $170,000 after buying an additional 11,292 shares in the last quarter. Asset Planning Services Ltd. increased its holdings in shares of Templeton Global Income Fund by 26.7% during the second quarter. Asset Planning Services Ltd. now owns 40,485 shares of the financial services provider’s stock worth $272,000 after buying an additional 8,531 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Templeton Global Income Fund by 10.0% during the second quarter. IFP Advisors Inc now owns 44,280 shares of the financial services provider’s stock worth $298,000 after buying an additional 4,035 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its holdings in shares of Templeton Global Income Fund by 3.3% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 46,070 shares of the financial services provider’s stock worth $310,000 after buying an additional 1,470 shares in the last quarter. Hedge funds and other institutional investors own 23.25% of the company’s stock.

Shares of Templeton Global Income Fund, Inc. (NYSE:GIM) traded down $0.03 during trading hours on Monday, hitting $6.58. 240,500 shares of the stock traded hands, compared to its average volume of 286,242. Templeton Global Income Fund, Inc. has a 52 week low of $6.01 and a 52 week high of $6.77.

The business also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be issued a dividend of $0.013 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.16 annualized dividend and a dividend yield of 2.37%.

COPYRIGHT VIOLATION NOTICE: “Templeton Global Income Fund, Inc. (GIM) Holdings Trimmed by Private Harbour Investment Management & Counsel LLC” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this story can be accessed at https://www.thecerbatgem.com/2017/11/13/templeton-global-income-fund-inc-gim-holdings-trimmed-by-private-harbour-investment-management-counsel-llc.html.

About Templeton Global Income Fund

Templeton Global Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund aims to maximize current income while maintaining prospects for capital appreciation by investing in a diversified portfolio of debt and equity securities worldwide. It seeks income by investing in a portfolio of fixed and floating rate debt securities and debt obligations issued by government and government-related issuers or corporate entities, including in emerging markets, as well as stocks the portfolio manager believes offer attractive dividend yields.

Want to see what other hedge funds are holding GIM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Templeton Global Income Fund, Inc. (NYSE:GIM).

Institutional Ownership by Quarter for Templeton Global Income Fund (NYSE:GIM)

Receive News & Stock Ratings for Templeton Global Income Fund Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Templeton Global Income Fund Inc. and related stocks with our FREE daily email newsletter.