Advisor Group Inc. lowered its holdings in Templeton Global Income Fund, Inc. (NYSE:GIM) by 66.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,346 shares of the financial services provider’s stock after selling 47,920 shares during the period. Advisor Group Inc.’s holdings in Templeton Global Income Fund were worth $164,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Smith Moore & CO. grew its holdings in shares of Templeton Global Income Fund by 18.7% in the third quarter. Smith Moore & CO. now owns 72,746 shares of the financial services provider’s stock valued at $490,000 after purchasing an additional 11,470 shares in the last quarter. Scotia Capital Inc. grew its holdings in shares of Templeton Global Income Fund by 1.5% in the second quarter. Scotia Capital Inc. now owns 188,200 shares of the financial services provider’s stock valued at $1,265,000 after purchasing an additional 2,800 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Templeton Global Income Fund by 56.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 70,104 shares of the financial services provider’s stock valued at $471,000 after purchasing an additional 25,425 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of Templeton Global Income Fund by 17.5% in the second quarter. Royal Bank of Canada now owns 120,246 shares of the financial services provider’s stock valued at $808,000 after purchasing an additional 17,878 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Templeton Global Income Fund by 6.9% in the second quarter. HighTower Advisors LLC now owns 476,731 shares of the financial services provider’s stock valued at $3,212,000 after purchasing an additional 30,891 shares in the last quarter. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Shares of Templeton Global Income Fund, Inc. (NYSE GIM) traded up $0.05 during mid-day trading on Friday, hitting $6.59. 311,193 shares of the company were exchanged, compared to its average volume of 286,832. Templeton Global Income Fund, Inc. has a 52-week low of $6.27 and a 52-week high of $6.77.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 15th were issued a $0.013 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend was Tuesday, November 14th.

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Templeton Global Income Fund Company 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.

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

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