JNBA Financial Advisors Has $8.74 Million Stock Holdings in Templeton Global Income Fund, Inc. (NYSE:GIM)

JNBA Financial Advisors lifted its position in Templeton Global Income Fund, Inc. (NYSE:GIM) by 1.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,374,479 shares of the financial services provider’s stock after acquiring an additional 14,410 shares during the period. Templeton Global Income Fund makes up approximately 1.8% of JNBA Financial Advisors’ holdings, making the stock its 15th biggest holding. JNBA Financial Advisors owned 1.02% of Templeton Global Income Fund worth $8,742,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Legacy Bridge LLC bought a new position in shares of Templeton Global Income Fund in the first quarter valued at $25,000. Narwhal Capital Management acquired a new stake in shares of Templeton Global Income Fund during the first quarter worth $63,000. Millennium Management LLC acquired a new position in Templeton Global Income Fund in the fourth quarter valued at about $65,000. RDA Financial Network acquired a new position in Templeton Global Income Fund during the first quarter worth about $74,000. Finally, City of London Investment Management Co. Ltd. bought a new stake in shares of Templeton Global Income Fund during the first quarter worth about $106,000. Institutional investors and hedge funds own 27.36% of the company’s stock.

Shares of GIM stock opened at $6.29 on Tuesday. Templeton Global Income Fund, Inc. has a one year low of $5.95 and a one year high of $6.55. The firm has a 50 day moving average of $6.39.

The firm also recently declared a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be paid a $0.032 dividend. The ex-dividend date of this dividend is Wednesday, August 14th. This is a positive change from Templeton Global Income Fund’s previous monthly dividend of $0.03. This represents a $0.38 annualized dividend and a yield of 6.10%.

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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