Templeton Global Income Fund 2018 Q1 Institutional Investor Sentiment Better Than Expected

June 12, 2018 - By Clifton Ray

Sentiment for Templeton Global Income Fund (NYSE:GIM)

Templeton Global Income Fund (NYSE:GIM) institutional sentiment increased to 1.24 in 2018 Q1. Its up 0.14, from 1.1 in 2017Q4. The ratio improved, as 47 hedge funds started new or increased stock positions, while 38 decreased and sold their stakes in Templeton Global Income Fund. The hedge funds in our partner’s database reported: 32.54 million shares, up from 29.92 million shares in 2017Q4. Also, the number of hedge funds holding Templeton Global Income Fund in their top 10 stock positions increased from 0 to 2 for an increase of 2. Sold All: 16 Reduced: 22 Increased: 33 New Position: 14.

The stock increased 0.16% or $0.01 during the last trading session, reaching $6.2. About 123,948 shares traded. Templeton Global Income Fund (NYSE:GIM) has declined 5.31% since June 12, 2017 and is downtrending. It has underperformed by 17.88% the S&P500.

Jnba Financial Advisors holds 11.33% of its portfolio in Templeton Global Income Fund for 1.02 million shares. Financial & Investment Management Group Ltd owns 1.18 million shares or 2.43% of their US portfolio. Moreover, Pekin Singer Strauss Asset Management Il has 2.12% invested in the company for 1.80 million shares. The Illinois-based Rivernorth Capital Management Llc has invested 2.07% in the stock. Windsor Capital Management Llc, a Arizona-based fund reported 561,524 shares.

Since January 1, 0001, it had 1 insider purchase, and 0 selling transactions for $49,959 activity.

Another recent and important Templeton Global Income Fund (NYSE:GIM) news was published by Globenewswire.com which published an article titled: “Templeton Global Income Fund (“GIM”) Announces Distribution” on June 01, 2018.

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