Stephens Inc. AR increased its position in shares of Templeton Emerging Markets Income Fund, Inc. (NYSE:TEI) by 1.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 76,923 shares of the company’s stock after acquiring an additional 1,317 shares during the quarter. Stephens Inc. AR’s holdings in Templeton Emerging Markets Income Fund were worth $788,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TEI. CWM LLC purchased a new stake in Templeton Emerging Markets Income Fund during the 4th quarter worth $114,000. Flagship Harbor Advisors LLC boosted its holdings in shares of Templeton Emerging Markets Income Fund by 40.5% in the 4th quarter. Flagship Harbor Advisors LLC now owns 17,600 shares of the company’s stock valued at $169,000 after buying an additional 5,075 shares during the period. Element Pointe Advisors LLC acquired a new position in shares of Templeton Emerging Markets Income Fund in the 4th quarter valued at about $181,000. Virtu Financial LLC boosted its holdings in shares of Templeton Emerging Markets Income Fund by 86.1% in the 4th quarter. Virtu Financial LLC now owns 20,399 shares of the company’s stock valued at $196,000 after buying an additional 9,437 shares during the period. Finally, MML Investors Services LLC boosted its holdings in shares of Templeton Emerging Markets Income Fund by 26.7% in the 4th quarter. MML Investors Services LLC now owns 21,659 shares of the company’s stock valued at $208,000 after buying an additional 4,570 shares during the period.

Shares of NYSE TEI traded up $0.02 during midday trading on Tuesday, hitting $10.06. The company’s stock had a trading volume of 25,864 shares, compared to its average volume of 162,436. Templeton Emerging Markets Income Fund, Inc. has a 1-year low of $8.96 and a 1-year high of $10.79.

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be issued a $0.067 dividend. This represents a $0.80 annualized dividend and a dividend yield of 7.99%. The ex-dividend date of this dividend is Tuesday, May 14th.

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Templeton Emerging Markets Income Fund Profile

Templeton Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc It is managed by Franklin Advisers, Inc The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in bonds issued by sovereign or sovereign-related entities and private sector companies.

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Institutional Ownership by Quarter for Templeton Emerging Markets Income Fund (NYSE:TEI)

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