Company: TXEMF
Filing Date: 2025-03-03
Form Type: N-CSR
Source: 0001133228-25-001853
Chunk: 84

Company: TEMPLETON EMERGING MARKETS INCOME FUND
Filing Date: 2025-03-03
Form: N-CSR
Chunk 84
---
in

securities

in

which

the

Fund

is

authorized

to

invest.

The

Fund

may

invest

in

senior

secured

corporate

loans

that

pay

interest

at

rates

which

are

periodically

reset

by

reference

to

a

base

lending

rate

plus

a

spread.

The

Fund

may

invest

its

uninvested

cash

balances

in

affiliated

Franklin

Templeton

money

market

funds.

Templeton

Emerging

Markets

Income

Fund

Important

Information

to

Shareholders

39

franklintempleton.com

Annual

Report

A

call

option

gives

the

purchaser

of

the

option,

upon

payment

of

a

premium,

the

right

to

buy,

and

the

seller

the

obligation

to

sell,

the

underlying

instrument

at

the

exercise

price.

Conversely,

a

put

option

gives

the

purchaser

of

the

option,

upon

payment

of

a

premium,

the

right

to

sell,

and

the

seller

of

the

option

the

obligation

to

buy,

the

underlying

instrument

at

the

exercise

price.

For

example,

when

the

investment

manager

expects

the

price

of

a

currency

to

decline

in

value,

the

Fund

may

purchase

put

options

that

are

expected

to

increase

in

value

as

the

price

of

the

currency

declines

to

hedge

against

such

anticipated

decline

in

value.

The

Fund

may

invest

in

China

Interbank

bonds

traded

on

the

China

Interbank

Bond

Market

through

the

China

–

Hong

Kong

Bond

Connect

program.

The

Fund

may

invest

in

China

Interbank

bonds

traded

on

the

China

Interbank

Bond

Market

(“CIBM”)

through

the

China

–

Hong

Kong

Bond

Connect

program

(“Bond

Connect