Templeton Emerging Markets Investment Trust Plc (TEM)•HY24•Released 8 December 2023NAV up 6.2% but income fell 19.6%, halving distribution coverNTA rose to 170.5p and the portfolio marginally beat the benchmark, but revenue cover of the distribution fell from 171.8% to 110.9% as incomePublished 23 April 2026Read briefing→
Templeton Emerging Markets Investment Trust Plc (TEM)•HY23•Released 9 December 2022NAV fell 20.9% to £1.87bn as second straight half-year loss hit £177.3mInvestment income surged 75% to £56.6m and lifted distribution coverage, but the capital account drove another large total-return loss.Published 23 April 2026Read briefing→
Templeton Emerging Markets Investment Trust Plc (TEM)•FY22•Released 15 June 2022Portfolio fell 17.3% and trailed MSCI EM by 10.5ppTEMIT cut the ordinary distribution to 3.80p as net assets fell 18.9% to 2,100.4m, with gross borrowings rising 50% to 150.0m.Published 23 April 2026Read briefing→
Templeton Emerging Markets Investment Trust Plc (TEM)•HY22•Released 25 November 2021TEMIT swings to NZD 191.8m half-year loss on -7.5% portfolio returnInvestment income fell 6.3% and emerging-markets capital losses drove the swing, though revenue earnings still cover ~98% of distributions.Published 23 April 2026Read briefing→
Templeton Emerging Markets Investment Trust Plc (TEM)•FY21•Released 8 June 2021NAV up 45.9% on a 54.5% portfolio return; revenue earnings retreatedCapital gains drove a £934.4m profit, but the higher 29p total payout was only 86.7% covered by revenue earnings.Published 23 April 2026Read briefing→