Smith Moore & CO. raised its holdings in shares of Templeton Global Income Fund, Inc. (NYSE:GIM) by 18.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 72,746 shares of the financial services provider’s stock after acquiring an additional 11,470 shares during the period. Smith Moore & CO.’s holdings in Templeton Global Income Fund were worth $490,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Flagship Harbor Advisors LLC grew its position in Templeton Global Income Fund by 6.4% during the second quarter. Flagship Harbor Advisors LLC now owns 14,867 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 900 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Templeton Global Income Fund by 2.5% during the second quarter. PNC Financial Services Group Inc. now owns 54,262 shares of the financial services provider’s stock valued at $365,000 after acquiring an additional 1,300 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in Templeton Global Income Fund by 3.3% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 46,070 shares of the financial services provider’s stock valued at $310,000 after acquiring an additional 1,470 shares during the last quarter. Benedict Financial Advisors Inc. grew its position in Templeton Global Income Fund by 5.0% during the second quarter. Benedict Financial Advisors Inc. now owns 46,511 shares of the financial services provider’s stock valued at $313,000 after acquiring an additional 2,215 shares during the last quarter. Finally, Scotia Capital Inc. grew its position in Templeton Global Income Fund by 1.5% during the second quarter. Scotia Capital Inc. now owns 188,200 shares of the financial services provider’s stock valued at $1,265,000 after acquiring an additional 2,800 shares during the last quarter. Institutional investors and hedge funds own 23.24% of the company’s stock.

Shares of Templeton Global Income Fund, Inc. (NYSE GIM) traded down $0.02 during midday trading on Tuesday, reaching $6.63. 191,763 shares of the company’s stock were exchanged, compared to its average volume of 216,752. Templeton Global Income Fund, Inc. has a twelve month low of $6.01 and a twelve month high of $6.77.

The firm also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.013 per share. This represents a $0.16 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date is Tuesday, November 14th.

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Templeton Global Income Fund Company Profile

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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