Templeton Emerging Markets Income Fund holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
How does an income fund work?
Income funds are mutual funds or ETFs that prioritize current income, often in the form of interest or dividend-paying investments. Income funds may invest in bonds or other fixed-income securities as well as preferred shares and dividend stocks.
What is the difference between a growth fund and an income fund?
Growth stock funds hold stocks of companies that are expected to grow at a faster rate compared to the stock market. Income funds seek to provide an investor with a source of income through dividends.