Stephens Inc. AR Buys 4,137 Shares of Templeton Global Income Fund, Inc. (GIM)

Stephens Inc. AR boosted its stake in shares of Templeton Global Income Fund, Inc. (NYSE:GIM) by 3.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 141,393 shares of the financial services provider’s stock after acquiring an additional 4,137 shares during the period. Stephens Inc. AR’s holdings in Templeton Global Income Fund were worth $891,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of GIM. Raymond James & Associates boosted its holdings in shares of Templeton Global Income Fund by 3.9% in the 4th quarter. Raymond James & Associates now owns 435,260 shares of the financial services provider’s stock valued at $2,625,000 after purchasing an additional 16,167 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Templeton Global Income Fund in the 4th quarter valued at $83,000. Vivaldi Capital Management LLC boosted its holdings in shares of Templeton Global Income Fund by 20.8% in the 4th quarter. Vivaldi Capital Management LLC now owns 244,493 shares of the financial services provider’s stock valued at $1,474,000 after purchasing an additional 42,159 shares in the last quarter. Two Sigma Securities LLC acquired a new stake in shares of Templeton Global Income Fund during the 4th quarter valued at $217,000. Finally, JNBA Financial Advisors acquired a new stake in shares of Templeton Global Income Fund during the 4th quarter valued at $6,968,000. Hedge funds and other institutional investors own 28.86% of the company’s stock.

Shares of NYSE GIM traded up $0.01 during mid-day trading on Monday, hitting $6.31. 22,412 shares of the stock traded hands, compared to its average volume of 277,730. Templeton Global Income Fund, Inc. has a twelve month low of $5.95 and a twelve month high of $6.53.

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be issued a dividend of $0.035 per share. This is an increase from Templeton Global Income Fund’s previous monthly dividend of $0.03. The ex-dividend date is Tuesday, May 14th. This represents a $0.42 annualized dividend and a dividend yield of 6.66%.

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Templeton Global Income Fund Profile

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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