Templeton Emerging Markets Income Fund (“TEI”) Announces Distribution and Results of 2019 Annual Shareholders’ Meeting
June 03 2019 - 8:00AM
Templeton Emerging Markets Income Fund [NYSE:
TEI], a closed-end management investment company (the
“Fund”), today announced the results of voting at the 2019 Annual
Meeting of Shareholders held on Thursday, May 30, 2019.
Shareholders approved the election of three Trustees (Proposal 1),
the elimination of the fundamental investment policy requiring the
Fund to invest at least 65% of its total assets in U.S.
dollar-denominated securities (Proposal 2), an amended fundamental
investment restriction regarding investments in commodities
(Proposal 3) and ratification of the selection of
PricewaterhouseCoopers LLP as the independent registered public
accounting firm for the Fund for the fiscal year ending December
31, 2019 (Proposal 4).
For additional information regarding the Proposals, please refer
to the May 30, 2019, proxy statement filed with the Securities and
Exchange Commission on April 1, 2019 and available
at:https://www.sec.gov/Archives/edgar/data/909112/000090911219000007/0000909112-19-000007-index.htm
Additionally, the Fund announced a monthly distribution from net
investment income of $0.0670 per share, payable on June 28, 2019,
to shareholders of record on June 14, 2019 (Ex-Dividend Date: June
13, 2019).
Franklin Resources, Inc. [NYSE:BEN] is a global investment
management organization operating as Franklin Templeton. Franklin
Templeton’s goal is to deliver better outcomes by providing global
and domestic investment management to retail, institutional and
sovereign wealth clients in over 170 countries. Through specialized
teams, the company has expertise across all asset classes,
including equity, fixed income, alternatives and custom multi-asset
solutions. The company’s more than 600 investment professionals are
supported by its integrated, worldwide team of risk management
professionals and global trading desk network. With employees in
over 30 countries, the California-based company has more than 70
years of investment experience and over $720 billion in assets
under management as of April 30, 2019. For more information, please
visit franklintempleton.com.
For more information, please contact Franklin Templeton at
1-800-342-5236.
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