Templeton Global Income Fund, Inc. (GIM) Shares Bought by Hochman Cole Investment Advisors Inc.

Hochman Cole Investment Advisors Inc. raised its stake in Templeton Global Income Fund, Inc. (NYSE:GIM) by 48.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,737 shares of the financial services provider’s stock after acquiring an additional 24,045 shares during the period. Hochman Cole Investment Advisors Inc. owned 0.05% of Templeton Global Income Fund worth $497,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WESCAP Management Group Inc. raised its holdings in shares of Templeton Global Income Fund by 3,055.7% in the second quarter. WESCAP Management Group Inc. now owns 402,293 shares of the financial services provider’s stock valued at $2,703,000 after buying an additional 389,545 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Templeton Global Income Fund by 16.1% in the second quarter. Wells Fargo & Company MN now owns 1,986,432 shares of the financial services provider’s stock valued at $13,349,000 after buying an additional 275,752 shares during the last quarter. St. James Investment Company LLC purchased a new stake in shares of Templeton Global Income Fund in the second quarter valued at about $716,000. Deschutes Portfolio Strategy LLC raised its holdings in shares of Templeton Global Income Fund by 26.0% in the second quarter. Deschutes Portfolio Strategy LLC now owns 218,306 shares of the financial services provider’s stock valued at $1,467,000 after buying an additional 45,050 shares during the last quarter. Finally, Thrivent Financial For Lutherans raised its holdings in shares of Templeton Global Income Fund by 11.7% in the second quarter. Thrivent Financial For Lutherans now owns 398,297 shares of the financial services provider’s stock valued at $2,677,000 after buying an additional 41,830 shares during the last quarter. Institutional investors own 23.25% of the company’s stock.

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Shares of Templeton Global Income Fund, Inc. (GIM) traded down $0.05 during trading hours on Tuesday, hitting $6.53. 352,400 shares of the stock were exchanged, compared to its average volume of 286,544. Templeton Global Income Fund, Inc. has a 1-year low of $6.01 and a 1-year high of $6.77.

The company also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be issued a dividend of $0.013 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.16 annualized dividend and a yield of 2.39%.

Templeton Global Income Fund 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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