UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
(Amendment No. __)
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
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Preliminary Proxy Statement
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
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Definitive Proxy Statement
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Definitive Additional Materials
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Soliciting Material Pursuant to Sec. 240.14a-12
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Templeton Global Income Fund
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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Payment of Filing Fee (Check the appropriate box):
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No fee required.
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Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
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Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
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Fee paid previously with preliminary proxy materials.
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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form
or Schedule and the date of its filing.
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(1) Amount Previously Paid:
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(2) Form, Schedule or Registration Statement No.:
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Templeton Global Income Fund
DON’T LET SABA DESTROY YOUR FUND
Vote Today! Your vote matters!
Dear Shareholder,
I don’t know if you have seen your Fund’s latest press release, but the Board of Templeton Global Income Fund (NYSE: GIM) just announced GIM’s first dividend
for April under its new managed dividend distribution plan to make monthly distributions to shareholders at an annual minimum fixed rate of 7.5%, based on the average monthly net asset value (NAV) of the Fund’s common shares. For April, that amounts
to a monthly distribution from net investment income of $0.0377 per share!
To put that in context, for an investor owning 3,500 shares, that would be
the equivalent of a payment of $131.95 per month … or $1,583.40 over a 12-month period!1
Your Fund has been able to increase its distributable income in part because of its ability to use leverage by entering into reverse repurchase agreements and
fixed-income total return swaps, consistent with its primary investment objective of high, current income. Being a closed-end fund enables your Fund to employ leverage
to seek high, current income. The manager intends to continue to look for opportunities to add attractive risk-adjusted returns to the portfolio.
IF SABA’S NOMINEES ARE ELECTED, ALL OF THESE GAINS WILL LIKELY BE REVERSED.
No matter how many shares you own, every signed and returned WHITE proxy card helps defeat Saba’s Fund-busting agenda.
HELP YOUR FUND CONTINUE TO SEEK TO PROVIDE HIGH CURRENT INCOME BY RETURNING YOUR WHITE PROXY CARD TODAY!
1 Assuming the continuation of the Fund’s current rate of distribution.