{"id":690427,"date":"2022-09-29T12:47:05","date_gmt":"2022-09-29T16:47:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/templeton-global-income-fund-gim-or-the-fund-announces-notification-of-sources-of-distributions-10\/"},"modified":"2022-09-29T12:47:05","modified_gmt":"2022-09-29T16:47:05","slug":"templeton-global-income-fund-gim-or-the-fund-announces-notification-of-sources-of-distributions-10","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/templeton-global-income-fund-gim-or-the-fund-announces-notification-of-sources-of-distributions-10\/","title":{"rendered":"Templeton Global Income Fund (\u201cGIM\u201d or the \u201cFund\u201d) Announces Notification of Sources of Distributions"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwblockalignc { margin-left: auto; margin-right: auto }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistdecimal { list-style-type: decimal }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Templeton Global Income Fund (\u201cGIM\u201d or the \u201cFund\u201d) Announces Notification of Sources of Distributions<\/b><\/p>\n<p>FORT LAUDERDALE, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTempleton Global Income Fund [NYSE: GIM]:\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignc\">\n<tr>\n<td class=\"bwpadl0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Notification of Sources of Distributions<\/b><\/p>\n<p class=\"bwcellpmargin\"><b>Pursuant to Section 19(a) of the Investment Company Act of 1940<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nThe Fund\u2019s estimated sources of the distribution to be paid on September 30, 2022, and for the fiscal year 2022 year-to-date are as follows:\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwpadl0\" colspan=\"9\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nEstimated Allocations for September Monthly Distribution as of August 31, 2022:\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\nDistribution<br \/>\n<br \/>Per Share\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\nNet Investment<br \/>\n<br \/>Income\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\nNet Realized<br \/>\n<br \/>Short-Term Capital<br \/>\n<br \/>Gains\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\nNet Realized<br \/>\n<br \/>Long-Term Capital<br \/>\n<br \/>Gains\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignl bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\nReturn of<br \/>\n<br \/>Capital\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadr0 bwvertalignb bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$0.0318\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$0.0178 (56%)\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$0.0000 (0%)\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$0.00 (0%)\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignl bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$0.0140 (44%)\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwpadl0\" colspan=\"9\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nCumulative Estimated Allocations fiscal year-to-date as of August 31, 2022, for the fiscal year ending December 31, 2022:\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\nDistribution<br \/>\n<br \/>Per Share\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\nNet Investment<br \/>\n<br \/>Income\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\nNet Realized<br \/>\n<br \/>Short-Term Capital<br \/>\n<br \/>Gains\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\nNet Realized<br \/>\n<br \/>Long-Term Capital<br \/>\n<br \/>Gains\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignl bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\nReturn of<br \/>\n<br \/>Capital\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadr0 bwvertalignb bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$0.2755\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$0.1126 (41%)\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$0.0000 (0%)\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$0.00 (0%)\n<\/p>\n<\/td>\n<td class=\"bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignl bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwalignl bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$0.1629 (59%)\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><b>Shareholders should not draw any conclusions about the Fund\u2019s investment performance from the amount of this distribution or from the terms of the Plan. GIM estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the GIM distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money that a shareholder invested in a Fund is paid back to them. A return of capital distribution does not necessarily reflect GIM\u2019s investment performance and should not be confused with \u2018yield\u2019 or \u2018income\u2019. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund\u2019s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund\u2019s distributions for federal income tax purposes.<\/b><\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwalignc bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\nAverage Annual Total Return<br \/>\n<br \/>(in relation to the change in net<br \/>\n<br \/>asset value (NAV) for the<br \/>\n<br \/>5-year period ended on 08\/31\/2022)<sup>1<\/sup><\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwalignc bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\nAnnualized Distribution Rate<br \/>\n<br \/>(as a percentage of NAV for<br \/>\n<br \/>the current fiscal period<br \/>\n<br \/>through 08\/31\/2022)<sup>2<\/sup><\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwalignc bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\nCumulative Total Return<br \/>\n<br \/>(in relation to the change<br \/>\n<br \/>in NAV for the fiscal period<br \/>\n<br \/>through 08\/31\/2022)<sup>3<\/sup><\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwalignc bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\nCumulative Fiscal Year-To-Date<br \/>\n<br \/>Distribution Rate (as a percentag<br \/>\n<br \/>of NAV as of 08\/31\/2022)<sup>4<\/sup><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n-3.53%\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n8.19%\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n-9.89%\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n5.91%\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><b>Fund Performance and Distribution Rate Information:<\/b><\/p>\n<ol class=\"bwlistdecimal\">\n<li><b>Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ended through August 31, 2022. Annual NAV Total Return is the percentage change in the Fund\u2019s NAV over a year, assuming reinvestment of distributions paid.<\/b><\/li>\n<li><b>The Annualized Distribution Rate is the current fiscal period\u2019s distribution rate annualized as a percentage of the Fund\u2019s NAV through August 31, 2022.<\/b><\/li>\n<li><b>Cumulative Total Return is the percentage change in the Fund\u2019s NAV from December 31, 2021 through August 31, 2022, assuming reinvestment of distributions paid.<\/b><\/li>\n<li><b>The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period December 31, 2021 through August 31, 2022, as a percentage of the Fund\u2019s NAV as of August 31, 2022.<\/b><\/li>\n<\/ol>\n<p>\nThe Fund\u2019s Board of Trustees (the \u201cBoard\u201d) has authorized a managed distribution plan pursuant to which the Fund makes monthly distributions to shareholders at an annual minimum fixed rate of 8%, based on the average monthly NAV of the Fund\u2019s common shares (the \u201cPlan\u201d). The Fund calculates the average NAV from the previous month based on the number of business days in the month on which the NAV is calculated. The Plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended to narrow the discount between the market price and the NAV of the Fund\u2019s common shares, but there can be no assurance that the Plan will be successful in doing so. The Fund is managed with a goal of generating as much of the distribution as possible from net ordinary income and short-term capital gains, that is consistent with the Fund\u2019s investment strategy and risk profile. To the extent that sufficient distributable income is not available on a monthly basis, the Fund will distribute long-term capital gains and\/or return of capital in order to maintain its managed distribution rate. A return of capital may occur, for example, when some or all of the money that was invested in the Fund is paid back to shareholders. A return of capital distribution does not necessarily reflect the Fund\u2019s investment performance and should not be confused with \u201cyield\u201d or \u201cincome\u201d. Even though the Fund may realize current year capital gains, such gains may be offset, in whole or in part, by the Fund\u2019s capital loss carryovers from prior years.\n<\/p>\n<p>\nThe Board may amend the terms of the Plan or terminate the Plan at any time without prior notice to the Fund\u2019s shareholders. The amendment or termination of the Plan could have an adverse effect on the market price of the Fund\u2019s common shares. The Plan will be subject to the periodic review by the Board, including a yearly review of the annual minimum fixed rate to determine if an adjustment should be made.\n<\/p>\n<p class=\"bwalignc\"><b>For further information on Templeton Global Income Fund, please visit our web site at: <\/b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.franklintempleton.com&amp;esheet=52930832&amp;newsitemid=20220929005780&amp;lan=en-US&amp;anchor=www.franklintempleton.com&amp;index=1&amp;md5=de3e589916d1ef83a488c887de0e1af8\"><b>www.franklintempleton.com<\/b><\/a><\/p>\n<p>\nFranklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton\u2019s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers boutique specialization on a global scale, bringing extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and approximately $1.4 trillion in assets under management as of August 31, 2022. For more information, please visit franklintempleton.com.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220929005780r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220929005780\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220929005780\/en\/<\/a><\/span><\/p>\n<p>\nFor more information, please contact Franklin Templeton at 1-800-342-5236.\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Florida<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Templeton Global Income Fund (\u201cGIM\u201d or the \u201cFund\u201d) Announces Notification of Sources of Distributions FORT LAUDERDALE, Fla.&#8211;(BUSINESS WIRE)&#8211; Templeton Global Income Fund [NYSE: GIM]: Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund\u2019s estimated sources of the distribution to be paid on September 30, 2022, and for the fiscal year 2022 year-to-date are as follows: Estimated Allocations for September Monthly Distribution as of August 31, 2022: Distribution Per Share \u00a0 Net Investment Income \u00a0 Net Realized Short-Term Capital Gains \u00a0 Net Realized Long-Term Capital Gains \u00a0 Return of Capital $0.0318 \u00a0 $0.0178 (56%) \u00a0 $0.0000 (0%) \u00a0 $0.00 (0%) \u00a0 $0.0140 (44%) Cumulative Estimated Allocations fiscal year-to-date as of August 31, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/templeton-global-income-fund-gim-or-the-fund-announces-notification-of-sources-of-distributions-10\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Templeton Global Income Fund (\u201cGIM\u201d or the \u201cFund\u201d) Announces Notification of Sources of Distributions&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-690427","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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