Templeton Emerging Markets Income Fund Announces Portfolio Management Appointments
January 02, 2018 at 10:00 am
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Templeton Emerging Markets Income Fund announced that Sonal Desai, will join Michael Hasenstab as a secondary portfolio manager of the Fund. Dr. Desai is an employee of the Fund's investment manager, Franklin Advisers Inc., and portfolio manager and Director of Research for the Templeton Global Macro team. Dr. Desai is responsible for shaping the team's research agenda of in-depth global macroeconomic analysis covering thematic topics, regional and country analysis, and interest rate, currency and sovereign credit market outlooks. Dr. Hasenstab, who has been a member of the Fund's management team since 2006, will continue to serve as the lead portfolio manager of the Fund.
Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.
TEMPLETON EMERGING MARKETS INCOME FUND 
