TEMPLETON EMERGING MARKETS INCOME FUND (TEI)
The Templeton Emerging Markets Income Fund functions as a closed-end mutual fund specializing in fixed-income, originally established by Franklin Resources, Inc. and currently managed by Franklin Advisers, Inc. Its investment approach centers on debt instruments within developing economies worldwide, primarily seeking out bonds issued by national governments, government-affiliated organizations, and private corporations. The fund's performance is gauged against the J.P. Morgan Emerging Markets Bond Index. This U.S.-domiciled fund commenced operations on September 23, 1993.
Industry: Asset Management - Income
Templeton Emerging Markets Income Fund
NYSE:TEIFinancial Services · Asset Management - Income
-0.33%$6.08
CLOSED · Nov 3Prev close$6.10-0.33%Close$6.080.00%AH close$6.08
AH$6.08+0.00%vs close
Mkt Cap$287.15M
Float47.23M
O/S47.23M
VOL287K sh
$ Vol$1.74M
RVOL1.70×
Inst Own32.5%
Div Yield19.84%
Dilution
Financials Summary
Revenue$43.79M
Net Income$94M
Total Assets$389.75M
Free Cash Flow$32.22M
Debt & Equity
Debt 17%
Equity 83%
Total Debt$65M
Total Equity$319.63M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in TEI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$389.75M
Liabilities$70.12M
Accounts Receivable$12.32M
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 |
| Revenue | $43.79M | $19.03M | $26.7M | $25.44M | $31.42M | $23.35M | $36.98M | $46.15M | $47.32M | $40.44M | $39.66M | $53.1M | $59.68M | $59.84M |
| YoY Growth | 130.2% | -28.7% | 4.9% | -19.0% | 34.6% | -36.9% | -19.9% | -2.5% | 17.0% | 2.0% | -25.3% | -11.0% | -0.3% | - |
| Cost of Revenue | $3.3M | $3.34M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $40.49M | $15.69M | $26.7M | $25.44M | $31.42M | $23.35M | $36.98M | $46.15M | $47.32M | $40.44M | $39.66M | $53.1M | $59.68M | $59.84M |
| Gross Margin | 92.5% | 82.5% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $550K | $465K | $3.24M | $3.27M | $4.85M | $4.96M | $5.19M | $6.44M | $6.48M | $6.13M | $6.74M | $7.52M | $8.24M | $8.56M |
| Other | -$57.27M | $27K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | -$56.72M | $492K | $3.24M | $3.27M | $4.85M | $4.96M | $5.19M | $6.44M | $6.48M | $6.13M | $6.74M | $7.52M | $8.24M | $26.43M |
| Operating Income (EBIT) | $97.21M | $20.04M | $23.46M | $22.17M | $26.57M | $18.39M | $31.79M | $39.71M | $40.84M | $34.32M | $32.92M | $45.58M | $51.44M | $51.28M |
| Operating Margin | 222.0% | 105.3% | 87.9% | 87.1% | 84.6% | 78.8% | 86.0% | 86.0% | 86.3% | 84.9% | 83.0% | 85.8% | 86.2% | 85.7% |
| Interest Expense | $3.46M | $3.34M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.42M | $8.98M | $244K | $0 |
| Interest Income | $39.53M | $35.9M | $0 | $0 | $0 | $0 | $0 | $0 | $46.33M | $41.2M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$3.5M | -$4.03M | $11.4M | -$80.17M | -$54.37M | -$40.38M | -$40.99M | -$84.32M | $16.67M | $32.21M | -$92.78M | $12.18M | -$25.73M | -$17.87M |
| Income Before Tax (EBT) | $93.71M | $15.2M | $34.86M | -$58M | -$27.79M | -$21.99M | -$9.2M | -$44.6M | $57.51M | $66.53M | -$59.86M | $57.76M | $25.72M | $33.41M |
| Income Tax Expense | -$287K | $0 | $0 | $0 | $0 | $0 | $238K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $94M | $15.2M | $34.86M | -$58M | -$27.79M | -$21.99M | -$9.44M | -$44.6M | $57.51M | $66.53M | -$59.86M | $57.76M | $25.72M | $33.41M |
| Net Income Margin | 214.6% | 79.9% | 130.6% | -227.9% | -88.5% | -94.2% | -25.5% | -96.6% | 121.5% | 164.5% | -150.9% | 108.8% | 43.1% | 55.8% |
| Supplementary Data | ||||||||||||||
| EPS | 1.99 | 0.32 | 0.75 | -1.22 | -0.58 | -0.46 | -0.20 | -0.93 | 1.20 | 0.93 | -1.25 | 1.20 | 0.54 | 0.70 |
| Diluted EPS | 1.99 | 0.32 | 0.75 | -1.22 | -0.58 | -0.46 | -0.20 | -0.93 | 1.20 | 0.93 | -1.25 | 1.20 | 0.54 | 0.70 |
| Weighted Average OS | 47.23M | 47.23M | 46.48M | 47.54M | 47.92M | 47.79M | 47.20M | 47.96M | 47.92M | 48.00M | 48.00M | 48.00M | 47.96M | 47.72M |
| EBITDA | $97.17M | $20.04M | $23.46M | $22.22M | $26.57M | $18.39M | $31.79M | $39.71M | $40.84M | $34.32M | $32.92M | $45.58M | $51.44M | $2K |
| EBITDA Margin | 221.9% | 105.3% | 87.9% | 87.3% | 84.6% | 78.8% | 86.0% | 86.0% | 86.3% | 84.9% | 83.0% | 85.8% | 86.2% | 0.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $2.53M | $18K | $42K | $204K | $1.09M | $280K | $1.85M | $2K | $12.5M | $1.96M | $12.09M | $7.08M | $7.66M | $2.13M |
| Short-Term Investments | $39.71M | $0 | $0 | $0 | $0 | $0 | $122.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $42.24M | $18K | $42K | $204K | $1.09M | $280K | $124.7M | $2K | $12.5M | $1.96M | $12.09M | $7.08M | $7.66M | $2.13M |
| Accounts Receivable | $12.32M | $9.66M | $8.54M | $7.21M | $5.35M | $11.26M | $7.53M | $11.46M | $4K | $9.7M | $9.71M | $12.19M | $12.7M | $13.08M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $14.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $5.27M | -$116K | $0 | -$11.54M | -$135.8M | $0 | $0 | $18.05M | $16.94M | $8.01M | $8.18M | $5.6M |
| Total Current Assets | $54.55M | $17.79M | $13.85M | $7.29M | $12.77M | $0 | $10.87M | $11.46M | $16.92M | $29.71M | $38.75M | $27.29M | $28.54M | $20.81M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $333.42M | $322.39M | $319.88M | $301.07M | $397.75M | $427.51M | $469.98M | $517.49M | $586.54M | $545.02M | $528.26M | $649.75M | $673.12M | $743.26M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $555K | $242K | $400K | $400K | $0 |
| Other Long-Term Assets | $1.79M | $0 | $0 | $0 | $0 | $0 | $12.43M | $12.61M | $30.54M | $13.92M | $14.04M | $15.02M | -$400K | -$6K |
| Total Long-Term Assets | $335.2M | $322.39M | $319.88M | $301.07M | $397.75M | $427.51M | $482.4M | $530.11M | $617.08M | $559.49M | $542.54M | $665.17M | $673.12M | $743.26M |
| Other Assets | $0 | $0 | -$2.67M | $4.19M | -$10.25M | $438.88M | -$10.87M | -$11.46M | -$16.92M | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $389.75M | $340.19M | $331.06M | $312.56M | $408.67M | $438.88M | $482.4M | $530.11M | $617.08M | $589.2M | $581.28M | $692.46M | $701.66M | $764.07M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $0 | $0 | $114K | $602K | $0 | $120K | $7.53M | $11.46M | $1.9M | $2.52M | $0 | $0 | $0 | $3K |
| Short-Term Debt | $65M | $0 | $50M | $36M | $36M | $0 | $0 | $0 | $902K | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $238K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$35.4M | $0 | $0 | $0 | $0 | -$1.27M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$3.19M | -$7.11M | $716K | -$507K | $5.98M | $0 | $3.09M | -$2.23M | -$2.8M | -$1.49M | -$3.22M | $437K | $453K | $2.79M |
| Total Current Liabilities | $65M | $7.11M | $52.36M | $602K | $44.41M | $120K | $4.55M | $1.67M | $1.9M | $4.51M | $4.97M | $1.21M | $1.3M | $2.79M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $65M | $0 | $0 | $36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $596K | $1.38M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | -$37K | -$496K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $541K | $0 | $18K | $37K | $496K | $0 | $380K | $458K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $4.58M | $8.23M | $18K | $98K | $8.91M | -$337K | $0 | $458K | $5.24M | $0 | $0 | $0 | $355K | -$1.38M |
| Total Long-Term Liabilities | $5.12M | $73.23M | $36K | $98K | $44.91M | $337K | $4.93M | $5.65M | $5.24M | $0 | $0 | $0 | $951K | $1.38M |
| Other Liabilities | $0 | $0 | -$18K | $39.02M | -$44.41M | -$10.78M | -$4.55M | -$1.67M | -$1.9M | $0 | $0 | $0 | $0 | $878K |
| Total Liabilities | $70.12M | $73.23M | $52.38M | $40.23M | $44.91M | $10.78M | $4.93M | $5.65M | $5.24M | $4.51M | $4.97M | $1.21M | $2.25M | $5.05M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $501M | $501M | $505.68M | $520.48M | $580.4M | $625.71M | $636.57M | $636.57M | $647.93M | $647.93M | $678.75M | $678.75M | $678.21M | $674.34M |
| Retained Earnings | -$181.37M | -$234.04M | -$227M | -$248.15M | -$216.64M | -$197.62M | -$159.1M | -$112.12M | -$13.74M | -$63.79M | -$102.69M | $12.1M | $21.21M | $84.69M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$12K | $0 | $0 | $0 | $0 | $0 | $60.3M |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$22.34M | $0 | $0 | $0 | $0 | $0 |
| Total Equity | $319.63M | $266.96M | $278.68M | $272.33M | $363.76M | $428.1M | $477.47M | $524.45M | $611.84M | $584.14M | $576.07M | $690.85M | $699.41M | $759.02M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $389.75M | $340.19M | $331.06M | $312.56M | $408.67M | $438.88M | $482.4M | $530.11M | $617.08M | $588.64M | $581.04M | $692.06M | $701.66M | $764.07M |
| Supplementary Data | ||||||||||||||
| Total Debt | $65M | $65M | $50M | $36M | $36M | $0 | $0 | $1.14M | $2.27M | $0 | $0 | $0 | $596K | $0 |
| Net Debt | $62.47M | $64.98M | $49.96M | $35.91M | $35.97M | -$101K | -$299K | $1.14M | -$10.23M | -$1.96M | -$12.09M | -$7.08M | -$7.07M | -$2.13M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 |
| Operating Activities | ||||||||||||||
| Net Income | $94M | $15.2M | $34.86M | -$58M | -$27.79M | -$21.99M | -$9.44M | -$44.6M | $57.51M | $66.53M | -$59.86M | $57.76M | $25.72M | $33.41M |
| Depreciation & Amortization | $0 | $0 | -$4.72M | $49K | $0 | $0 | $0 | $0 | $2K | $0 | $0 | $0 | $0 | $2K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$51K | -$919K | $1.28M | -$1.66M | $0 | $0 | $0 | $0 | $4K | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | -$507K | $0 | $0 | $0 | $0 | $0 | $136K | $0 | -$3K | $0 | $0 | -$555 |
| Other Working Capital | $6.67M | -$8.21M | -$989K | $92.78M | $0 | $0 | $0 | $0 | -$140K | $0 | $3K | $0 | $0 | -$17.9M |
| Total Working Capital Change | $6.62M | -$9.13M | -$218K | $91.12M | $0 | $0 | $0 | $0 | $140K | $0 | -$3K | $0 | $0 | -$17.9M |
| Other Non-Cash Items | -$68.39M | -$16.53M | -$15.9M | $341K | $27.79M | $21.99M | $4 | $44.6M | -$57.51M | -$66.53M | $59.86M | -$57.76M | -$25.72M | -$33.41M |
| Net Cash from Operating | $32.22M | -$10.46M | $14.03M | $33.51M | $0 | $0 | -$9.44M | -$44.6M | $57.51M | $22.18M | -$59.86M | $57.8M | $25.7M | $33.4M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $11.61M | $21.06M | $16.84M | $85.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $11.61M | $21.06M | $16.84M | $85.81M | $0 | $0 | $0 | $0 | $7K | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | -$15M | -$14M | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | -$1.76M | -$2.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$26.92M | -$26.81M | -$31.21M | $0 | $0 | $0 | -$31.43M | -$29.8M | -$7.57M | -$54.92M | -$66.9M | -$89.3M | -$66.8M |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | -$37.54M | -$11.36M | -$10K | -$11.63M | $0 | $600K | $4M | $2.4M |
| Net Cash from Financing | -$41.32M | -$11.92M | -$14.57M | -$33.37M | $0 | $0 | -$37.54M | -$42.79M | -$29.8M | -$19.2M | -$54.92M | -$66.3M | -$85.3M | -$64.4M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$7K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $2.51M | -$1.32M | -$542K | $141K | $1.46M | -$1.57M | -$1.03M | -$87.39M | $27.71M | $2.98M | -$114.78M | -$8.6M | -$59.6M | -$31M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $32.22M | -$10.46M | $14.03M | $33.51M | $0 | $0 | -$9.44M | -$44.6M | $57.51M | $22.18M | -$59.86M | $57.8M | $25.7M | $33.4M |
| Capital Expenditure | -$3 | $0 | -$3 | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $32.22M | -$10.46M | $14.03M | $33.51M | $0 | $0 | -$9.44M | -$44.6M | $57.51M | $22.18M | -$59.86M | $57.8M | $25.7M | $33.4M |
| Cash at Beginning | $18K | $1.34M | $1.88M | $1.74M | $282K | $1.85M | $2.88M | $12.5M | $469K | $10 | $10 | $200K | $2.1M | $400K |
| Cash at End | $2.53M | $18K | $1.34M | $1.88M | $1.74M | $282K | $1.85M | -$74.89M | $28.18M | $2.98M | -$114.78M | -$8.4M | -$57.5M | -$30.6M |