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TEI

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    5.9338$
  • Previous Close
    5.9484$
  • 52 Week Change
    --
  • Day Range
    -0.01$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

TEI.US refers to Templeton Emerging Markets Income Fund, a closed-end fund managed by Franklin Templeton. The fund aims to provide high current income, with a secondary goal of capital appreciation, by investing primarily in debt securities of emerging market issuers. The fund's ticker symbol is TEI and is listed on the New York Stock Exchange (NYSE).
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Factors

TEI.US's price, mirroring any closed-end fund, is shaped by several factors: Net Asset Value (NAV): The underlying value of TEI.US's holdings is a primary driver. A higher NAV typically supports a higher market price.

Supply and Demand: Market dynamics heavily influence the price. More buyers than sellers will drive the price up, and vice-versa.

Investor Sentiment: General market optimism or pessimism towards income-generating assets or Eaton Vance's management can impact the demand for TEI.US.

Distribution Rate: TEI.US's distribution yield is a key attraction for investors. Changes in the distribution rate directly affect demand.

Interest Rates: Rising interest rates can make TEI.US less attractive as investors seek yield elsewhere, potentially lowering the price.

Premium/Discount to NAV: TEI.US can trade at a premium or discount to its NAV. Significant deviations can signal overvaluation or undervaluation.

Credit Spreads: Changes in credit spreads impact the value of TEI.US's fixed-income holdings, particularly if it holds lower-rated debt.

Management Fees: High management fees can detract from returns and reduce investor interest, affecting the fund's price.

Economic Conditions: Overall economic health influences corporate profitability and creditworthiness, impacting the value of TEI.US's portfolio.

Sector Performance: The performance of the sectors in which TEI.US invests influences its NAV and market price.

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