Stifel Financial Corp raised its holdings in shares of Templeton Global Income Fund, Inc. (NYSE:GIM) by 4.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 483,351 shares of the financial services provider’s stock after purchasing an additional 18,737 shares during the period. Stifel Financial Corp’s holdings in Templeton Global Income Fund were worth $2,915,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in GIM. JNBA Financial Advisors bought a new stake in Templeton Global Income Fund during the fourth quarter valued at $6,968,000. Fiera Capital Corp boosted its holdings in shares of Templeton Global Income Fund by 893.3% during the fourth quarter. Fiera Capital Corp now owns 424,929 shares of the financial services provider’s stock valued at $2,562,000 after acquiring an additional 382,149 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Templeton Global Income Fund by 91.4% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 777,087 shares of the financial services provider’s stock valued at $4,686,000 after acquiring an additional 371,173 shares during the period. Financial & Investment Management Group Ltd. boosted its holdings in shares of Templeton Global Income Fund by 19.3% during the fourth quarter. Financial & Investment Management Group Ltd. now owns 1,620,989 shares of the financial services provider’s stock valued at $9,775,000 after acquiring an additional 262,167 shares during the period. Finally, Ruggie Capital Group acquired a new position in shares of Templeton Global Income Fund during the fourth quarter valued at $1,255,000. Hedge funds and other institutional investors own 28.62% of the company’s stock.

Shares of GIM opened at $6.35 on Thursday. Templeton Global Income Fund, Inc. has a 1 year low of $5.95 and a 1 year high of $6.53.

The company also recently declared a monthly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be issued a dividend of $0.041 per share. This is an increase from Templeton Global Income Fund’s previous monthly dividend of $0.04. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $0.49 annualized dividend and a dividend yield of 7.75%.

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Templeton Global Income Fund Company 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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