Templeton Emerging Markets Income Fund: A Double-Digit Return with EM Exposure

Templeton Emerging Markets Income Fund (TEI) offers exposure to emerging markets and a double-digit return. The fund provides benefits from a weaker dollar and has a hold rating. TEI is a closed-end fund with a focus on income generation and has outperformed its peers. It invests in a diversified portfolio of emerging market bonds and has a stable cash position. The fund's yield is attractive, and its performance has been strong despite the challenges faced by emerging markets.