UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

(Rule 14a-101)

INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of The Securities Exchange Act of 1934

(Amendment No. )

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☐ Definitive Proxy Statement

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☐ Soliciting Material Under Rule 14a-12

TEMPLETON GLOBAL INCOME FUND

(Name of Registrant as Specified in Its Charter)

SABA CAPITAL MANAGEMENT, L.P.

SABA CAPITAL MANAGEMENT GP, LLC

SABA CAPITAL MASTER FUND, LTD.

BOAZ R. WEINSTEIN

ADITYA BINDAL

FREDERIC GABRIEL

PAUL KAZARIAN

PIERRE WEINSTEIN

(Name of Persons(s) Filing Proxy Statement, if Other Than the Registrant)

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Saba Capital Management, L.P., together with the other participants named herein (collectively, “Saba Capital”), has filed a definitive proxy statement and accompanying GOLD proxy card with the Securities and Exchange Commission to be used to solicit votes in opposition to the proposal by Templeton Global Income Fund (the “Fund”), a Delaware corporation and a closed-end management investment company registered under the Investment Company Act of 1940, as amended, to nominate four Class I nominees to the board of trustees of the Fund and to amend the Fund’s bylaws.

On March 11, 2021, Saba Capital distributed an open letter to shareholders of the Fund. The full text of the letter is attached hereto as Exhibit 1 and is incorporated herein by reference.