Carnick & Kubik Group LLC decreased its position in shares of Templeton Global Income Fund, Inc. (NYSE:GIM) by 32.0% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 71,881 shares of the financial services provider’s stock after selling 33,819 shares during the period. Carnick & Kubik Group LLC’s holdings in Templeton Global Income Fund were worth $483,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. IFP Advisors Inc boosted its position in shares of Templeton Global Income Fund by 10.0% in the second quarter. IFP Advisors Inc now owns 44,280 shares of the financial services provider’s stock valued at $298,000 after buying an additional 4,035 shares in the last quarter. Benedict Financial Advisors Inc. boosted its position in shares of Templeton Global Income Fund by 5.0% in the second quarter. Benedict Financial Advisors Inc. now owns 46,511 shares of the financial services provider’s stock valued at $313,000 after buying an additional 2,215 shares in the last quarter. St. James Investment Company LLC purchased a new position in shares of Templeton Global Income Fund during the second quarter valued at about $716,000. Finally, Kelman Lazarov Inc. boosted its position in shares of Templeton Global Income Fund by 2.2% in the second quarter. Kelman Lazarov Inc. now owns 1,041,971 shares of the financial services provider’s stock valued at $7,002,000 after buying an additional 22,437 shares in the last quarter. Institutional investors and hedge funds own 24.41% of the company’s stock.

Templeton Global Income Fund, Inc. (NYSE GIM) opened at 6.63 on Thursday. The stock has a 50 day moving average of $6.70 and a 200 day moving average of $6.65. Templeton Global Income Fund, Inc. has a one year low of $6.01 and a one year high of $6.77.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be issued a dividend of $0.021 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.25 annualized dividend and a dividend yield of 3.80%.

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About Templeton Global Income Fund

Templeton Global Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund aims to maximize current income while maintaining prospects for capital appreciation by investing in a diversified portfolio of debt and equity securities worldwide. It seeks income by investing in a portfolio of fixed and floating rate debt securities and debt obligations issued by government and government-related issuers or corporate entities, including in emerging markets, as well as stocks the portfolio manager believes offer attractive dividend yields.

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

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