0000902664-22-003179.txt : 20220607 0000902664-22-003179.hdr.sgml : 20220607 20220606180750 ACCESSION NUMBER: 0000902664-22-003179 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220607 DATE AS OF CHANGE: 20220606 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TEMPLETON GLOBAL INCOME FUND CENTRAL INDEX KEY: 0000828803 IRS NUMBER: 222864496 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60831 FILM NUMBER: 22999219 BUSINESS ADDRESS: STREET 1: 300 S.E. 2ND STREET CITY: FORT LAUDERDALE STATE: FL ZIP: 33301-1923 BUSINESS PHONE: 9545277500 MAIL ADDRESS: STREET 1: 300 S.E. 2ND STREET CITY: FORT LAUDERDALE STATE: FL ZIP: 33301-1923 FORMER COMPANY: FORMER CONFORMED NAME: TEMPLETON GLOBAL INCOME FUND INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Saba Capital Management, L.P. CENTRAL INDEX KEY: 0001510281 IRS NUMBER: 800361690 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 405 LEXINGTON AVENUE STREET 2: 58TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 BUSINESS PHONE: 212-542-4635 MAIL ADDRESS: STREET 1: 405 LEXINGTON AVENUE STREET 2: 58TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 SC 13D/A 1 p22-1619sc13da.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION  
Washington, D.C. 20549  
   
SCHEDULE 13D/A
 
Under the Securities Exchange Act of 1934
(Amendment No. 14)*
 

Templeton Global Income Fund

(Name of Issuer)
 

Common Shares, No par value

(Title of Class of Securities)
 

880198106

(CUSIP Number)
 
Saba Capital Management, L.P.
405 Lexington Avenue
58th Floor
New York, NY 10174
Attention: Michael D'Angelo
(212) 542-4635
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 

June 4, 2022

(Date of Event Which Requires Filing of This Statement)
 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. [X]

 

(Page 1 of 6 Pages)

______________________________

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on 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).

 

CUSIP No. 880198106

SCHEDULE 13D/A

Page 2 of 6 Pages

 

1

NAME OF REPORTING PERSON

Saba Capital Management, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ¨

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO (see Item 3)

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

32,296,994

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

32,296,994

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

32,296,994

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

31.44%

14

TYPE OF REPORTING PERSON

PN; IA

         

The percentages used herein are calculated based upon 102,721,927 shares of common stock outstanding as of 4/1/22, as disclosed in the company's definitive proxy statement filed with the SEC on 4/13/2022.

 

CUSIP No. 880198106

SCHEDULE 13D/A

Page 3 of 6 Pages

 

 

1

NAME OF REPORTING PERSON

Boaz R. Weinstein

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ¨

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO (see Item 3)

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

32,296,994

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

32,296,994

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

32,296,994

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

31.44%

14

TYPE OF REPORTING PERSON

IN

         

The percentages used herein are calculated based upon 102,721,927 shares of common stock outstanding as of 4/1/22, as disclosed in the company's definitive proxy statement filed with the SEC on 4/13/2022.

 

CUSIP No. 880198106

SCHEDULE 13D/A

Page 4 of 6 Pages

 

1

NAME OF REPORTING PERSON

Saba Capital Management GP, LLC

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ¨

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO (see Item 3)

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

32,296,994

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

32,296,994

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

32,296,994

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

31.44%

14

TYPE OF REPORTING PERSON

OO

         

The percentages used herein are calculated based upon 102,721,927 shares of common stock outstanding as of 4/1/22, as disclosed in the company's definitive proxy statement filed with the SEC on 4/13/2022.

 

CUSIP No. 880198106

SCHEDULE 13D/A

Page 5 of 6 Pages

 

Item 1. SECURITY AND ISSUER
   
  This Amendment No. 14 amends and supplements the statement on Schedule 13D filed with the SEC on 11/18/20, as amended by Amendment No. 1 filed 12/9/20, Amendment No. 2 filed 12/16/20, Amendment No. 3 filed 12/28/20, Amendment No. 4 filed 12/29/20, Amendment No. 5 filed 1/14/21, Amendment No. 6 filed 1/29/21, Amendment No. 7 filed 5/12/21, Amendment No. 8 filed 7/9/21, Amendment No. 9 filed 7/27/21, Amendment No. 10 filed 8/10/21, Amendment No. 11 filed 11/29/21, Amendment No. 12 filed 12/16/21, and Amendment No. 13 filed 12/28/2021; with respect to the common shares of Templeton Global Income Fund.  This Amendment No. 14 amends Items 3, 4, 5, and 6 as set forth below.

 

Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
  Item 3 is hereby amended and supplemented as follows:
   
  The Reporting Persons’ response to Item 5(c) is incorporated herein by reference.

 

Item 4. PURPOSE OF TRANSACTION

 

 

Item 4 is hereby amended and supplemented as follows:
   
  The Reporting Persons’ response to Item 5(c) is incorporated herein by reference.

 

Item 5. INTEREST IN SECURITIES OF THE ISSUER
  Item 5 is hereby amended and restated as follows:
   
(a) See rows (11) and (13) of the cover pages to this Schedule 13D for the aggregate number of Common Shares and percentages of the Common Shares beneficially owned by each of the Reporting Persons.  The percentages used in this Schedule 13D are calculated based upon 102,721,927 shares of common stock outstanding as of 4/1/22, as disclosed in the company's definitive proxy statement filed with the SEC on 4/13/2022.
   
(b) See rows (7) through (10) of the cover pages to this Schedule 13D for the number of Common Shares as to which each Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition.
   
(c) The Reporting Persons have agreed to purchase an aggregate of 2,622,816 Common Shares from third parties at 99.56% of the Fund’s NAV if Saba’s nominees win the trustee election or at 95% of NAV if Saba’s nominees lose the trustee election.
   
(d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such Common Shares.
   
(e) Not applicable.
   

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
  Item 6 is hereby amended and supplemented as follows:
   
  The Reporting Persons’ response to Item 5(c) is incorporated herein by reference.

 

  

 

CUSIP No. 880198106

SCHEDULE 13D/A

Page 6 of 6 Pages

 

SIGNATURES

After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: June 6, 2022

 
  SABA CAPITAL Management, L.P.
   
   
  By:  /s/ Michael D’Angelo
  Name: Michael D'Angelo
  Title: Chief Compliance Officer
   
   
  SABA CAPITAL Management GP, LLC
   
   
  By:  /s/ Michael D’Angelo
  Name:  Michael D’Angelo
  Title:  Authorized Signatory
   
   
  By:  /s/ Michael D’Angelo
  Name: Michael D'Angelo
  Title: Attorney-in-fact*
   
* Pursuant to a power of attorney dated as of November 16, 2015, which is incorporated herein by reference to Exhibit 2 to the Schedule 13G filed