Templeton Emerging Markets Income Fund (NYSE:TEI): Boaz Weinstein’s Saba Capital filed an amended 13D.
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You can access the original SEC filing by clicking here.
Ownership Summary Table
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Saba Capital Management | 0 | 2,491,151 | 0 | 2,491,151 | 2,491,151 | 5.19% |
Boaz R. Weinstein | 0 | 2,491,151 | 0 | 2,491,151 | 2,491,151 | 5.19% |
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Page 1 of 6 – SEC Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No._)*
Templeton Emerging Markets Income Fund
(Name of Issuer)
Common Stock, no par value
(Title of Class of
Securities)
880192109
(CUSIP Number)
October 5, 2017
(Date of Event which Requires
Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a
reporting persons initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be filed for the purpose of Section 18 of the
Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities
of that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
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Page 2 of 6 – SEC Filing
SCHEDULE 13G
CUSIP No. | 880192109 |
1 | Names of Reporting Persons | ||
Saba Capital Management, L.P. | |||
2 | Check the appropriate box if a member of a Group (see instructions) | ||
(a) | [ ] | ||
(b) | [ ] | ||
3 | Sec Use Only | ||
4 | Citizenship or Place of Organization | ||
Delaware | |||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5 | Sole Voting Power | |
-0- | |||
6 | Shared Voting Power | ||
2,491,151 | |||
7 | Sole Dispositive Power | ||
-0- | |||
8 | Shared Dispositive Power | ||
2,491,151 | |||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person | ||
2,491,151 | |||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions) | ||
[ ] | |||
11 | Percent of class represented by amount in row (9) | ||
5.19% | |||
12 | Type of Reporting Person (See Instructions) | ||
PN; IA |
The percentages used herein are calculated based upon
47,998,418 shares of common stock outstanding as of 6/30/2017, as disclosed in
the company’s Certified Shareholder Report Form N-CSRS filed 8/30/2017
Page 2 of 7
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Page 3 of 6 – SEC Filing
SCHEDULE 13G
CUSIP No. | 880192109 |
1 | Names of Reporting Persons | ||
Boaz R. Weinstein | |||
2 | Check the appropriate box if a member of a Group (see instructions) | ||
(a) | [ ] | ||
(b) | [ ] | ||
3 | Sec Use Only | ||
4 | Citizenship or Place of Organization | ||
United States | |||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5 | Sole Voting Power | |
-0- | |||
6 | Shared Voting Power | ||
2,491,151 | |||
7 | Sole Dispositive Power | ||
-0- | |||
8 | Shared Dispositive Power | ||
2,491,151 | |||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person | ||
2,491,151 | |||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions) | ||
[ ] | |||
11 | Percent of class represented by amount in row (9) | ||
5.19% | |||
12 | Type of Reporting Person (See Instructions) | ||
IN |
The percentages used herein are calculated based upon
47,998,418 shares of common stock outstanding as of 6/30/2017, as disclosed in
the company’s Certified Shareholder Report Form N-CSRS filed 8/30/2017
Page 3 of 7
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Page 4 of 6 – SEC Filing
Item 1.
(a) | Name of Issuer: Templeton Emerging Markets Income |
(b) | Address of Issuers Principal Executive Offices: |
Item 2.
(a) | Name of Person Filing: This statement is being | |
The Reporting Persons have entered into a Joint Filing | ||
Any disclosures herein with respect to persons other than | ||
The filing of this statement should not be construed as | ||
(b) | Address of Principal Business Office or, if None, | |
(c) | Citizenship: Saba Capital is organized as a | |
(d) | Title and Class of Securities: Common stock, 0.01 | |
(e) | CUSIP No.: 880192109 |
Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | [_] | Broker or dealer registered under Section 15 of the | |
(b) | [_] | Bank as defined in Section 3(a)(6) of the Act; | |
(c) | [_] | Insurance company as defined in Section 3(a)(19) of the | |
(d) | [_] | Investment company registered under Section 8 of the | |
(e) | [_] | An investment adviser in accordance with Rule | |
(f) | [_] | An employee benefit plan or endowment fund in accordance | |
(g) | [_] | A parent holding company or control person in accordance |
Page 4 of 7
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Page 5 of 6 – SEC Filing
(h) | [_] | A savings associations as defined in Section 3(b) of the | |
(i) | [_] | A church plan that is excluded from the definition of an | |
(j) | [_] | A non-U.S. institution in accordance with Rule | |
(k) | [_] | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If | |
in accordance with Rule 240.13d-1(b)(1)(ii)(J), please | |||
____ |
Item 4. Ownership
(a) | Amount Beneficially Owned: The information |
Item 5. | Ownership of Five Percent or Less of a Class. N/A |
Item 6. | Ownership of more than Five Percent on Behalf of |
Item 7. | Identification and classification of the subsidiary |
Item 8. | Identification and classification of members of the |
Item 9. | Notice of Dissolution of Group. N/A |
Item 10. | Certifications. |
By signing below each Reporting Person certifies that, to the
best of his or its knowledge and belief, the securities referred to above were
not acquired and are not held for the purpose of or with the effect of changing
or influencing the control of the issuer of the securities and were not acquired
and are not held in connection with or as a participant in any transaction
having that purpose or effect.
Page 5 of 7
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Page 6 of 6 – SEC Filing
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Dated: 10/13/2017
/s/ Signature Michael DAngelo
Name: Michael DAngelo
Title: Chief Compliance Officer
Boaz R. Weinstein
By: Michael DAngelo
Title: Attorney-in-fact***
*** Pursuant to a Power of Attorney dated as of November 16,
2015
Page 6 of 7
EXHIBIT 1
JOINT FILING AGREEMENT
PURSUANT TO
RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing
statement on Schedule 13G is filed on behalf of each of the undersigned and that
all subsequent amendments to this statement on Schedule 13G shall be filed on
behalf of each of the undersigned without the necessity of filing additional
joint filing agreements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained herein and
therein, but shall not be responsible for the completeness and accuracy of the
information concerning the others, except to the extent that he or it knows or
has reason to believe that such information is inaccurate.
DATED: October 13, 2017
SABA CAPITAL MANAGEMENT, L.P.
By: | /s/ Michael DAngelo | |
Name: | Michael DAngelo | |
Title: | Authorized Signatory |
BOAZ R. WEINSTEIN
By: /s/ Michael DAngelo
Title: Attorney-in-fact
Page 7 of 7