Templeton Global Income Fund, Inc. (GIM) Shares Bought by Bank of America Corp DE

Bank of America Corp DE raised its stake in Templeton Global Income Fund, Inc. (NYSE:GIM) by 1.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 901,302 shares of the financial services provider’s stock after purchasing an additional 15,331 shares during the quarter. Bank of America Corp DE’s holdings in Templeton Global Income Fund were worth $5,435,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. We Are One Seven LLC bought a new position in shares of Templeton Global Income Fund during the 4th quarter valued at $25,000. Freestone Capital Holdings LLC bought a new position in shares of Templeton Global Income Fund during the 4th quarter valued at $60,000. Signet Financial Management LLC bought a new position in shares of Templeton Global Income Fund during the 4th quarter valued at $70,000. Wiley BROS. Aintree Capital LLC bought a new position in shares of Templeton Global Income Fund during the 4th quarter valued at $72,000. Finally, Flagship Harbor Advisors LLC grew its holdings in shares of Templeton Global Income Fund by 18.4% during the 4th quarter. Flagship Harbor Advisors LLC now owns 13,500 shares of the financial services provider’s stock valued at $81,000 after purchasing an additional 2,100 shares during the last quarter. 28.65% of the stock is currently owned by hedge funds and other institutional investors.

GIM stock opened at $6.31 on Monday. Templeton Global Income Fund, Inc. has a 52 week low of $5.95 and a 52 week high of $6.53.

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be given a dividend of $0.034 per share. The ex-dividend date is Friday, April 12th. This represents a $0.41 annualized dividend and a yield of 6.47%. This is a boost from Templeton Global Income Fund’s previous monthly dividend of $0.03.

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About Templeton Global Income Fund

Templeton Global 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 fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P.

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

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