FORT LAUDERDALE, Fla., April 03, 2017 (GLOBE NEWSWIRE) -- Templeton Global Income Fund (NYSE:GIM) today announced a monthly distribution from net investment income of $0.0168 per share, payable on April 28, 2017, to shareholders of record on April 13, 2017 (Ex-Dividend Date: April 11, 2017).
As previously disclosed, the Fund implemented a variable pay distribution policy effective December 31, 2016. This policy provides the flexibility to make adjustments to the distribution rate in an effort to more efficiently account for currency movements and help reduce the possibility of the Fund over-distributing during the year.
The Fund’s investment manager, Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE:BEN), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries. Through specialized teams, the company has expertise across all asset classes—including equity, fixed income, alternative and custom solutions. The company’s more than 650 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in over 30 countries, the California–based company has 70 years of investment experience and over $738 billion in assets under management as of February 28, 2017. For more information, please visit franklintempleton.com.