Private Management Group Inc. trimmed its stake in Templeton Global Income Fund, Inc. (NYSE:GIM) by 0.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,790,740 shares of the financial services provider’s stock after selling 8,370 shares during the period. Private Management Group Inc. owned about 1.33% of Templeton Global Income Fund worth $12,070,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Wells Fargo & Company MN grew its position in Templeton Global Income Fund by 16.1% in the second quarter. Wells Fargo & Company MN now owns 1,986,432 shares of the financial services provider’s stock valued at $13,349,000 after acquiring an additional 275,752 shares during the period. Kelman Lazarov Inc. grew its holdings in shares of Templeton Global Income Fund by 2.2% during the second quarter. Kelman Lazarov Inc. now owns 1,041,971 shares of the financial services provider’s stock worth $7,002,000 after purchasing an additional 22,437 shares during the last quarter. Pekin Singer Strauss Asset Management IL grew its holdings in shares of Templeton Global Income Fund by 2.6% during the second quarter. Pekin Singer Strauss Asset Management IL now owns 1,008,203 shares of the financial services provider’s stock worth $6,775,000 after purchasing an additional 25,200 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Templeton Global Income Fund by 4.5% during the second quarter. Ameriprise Financial Inc. now owns 484,636 shares of the financial services provider’s stock worth $3,257,000 after purchasing an additional 20,727 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Templeton Global Income Fund by 6.9% during the second quarter. HighTower Advisors LLC now owns 476,731 shares of the financial services provider’s stock worth $3,212,000 after purchasing an additional 30,891 shares during the last quarter. Hedge funds and other institutional investors own 23.25% of the company’s stock.

Shares of Templeton Global Income Fund, Inc. (GIM) traded down $0.07 during mid-day trading on Thursday, hitting $6.43. The stock had a trading volume of 477,400 shares, compared to its average volume of 287,981. Templeton Global Income Fund, Inc. has a 12 month low of $6.11 and a 12 month high of $6.77.

The firm also recently announced 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. This represents a $0.16 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Tuesday, November 14th.

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Templeton Global Income Fund Profile

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.

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

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