<SEC-DOCUMENT>0000828803-22-000019.txt : 20220418
<SEC-HEADER>0000828803-22-000019.hdr.sgml : 20220418
<ACCEPTANCE-DATETIME>20220418171054
ACCESSION NUMBER:		0000828803-22-000019
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20220418
DATE AS OF CHANGE:		20220418

FILER:

	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:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05459
		FILM NUMBER:		22832761

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
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<IMG src="x22041813452500.gif" width=235 height=79>&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P></DIV>

<DIV align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face="times new roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0pt 1.5pt 0in"><FONT style="FONT-SIZE: 7.5pt; LINE-HEIGHT: 9pt" color=#4f81bd face=arial,sans-serif><STRONG>Templeton Global Income Fund</STRONG></FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 1.5pt 0in"><FONT style="FONT-SIZE: 7.5pt; LINE-HEIGHT: 9pt" face=arial,sans-serif>300 S.E. 2<SUP>nd</SUP> Street<BR>Fort Lauderdale, FL 33301</FONT></P>

<P style="MARGIN: 0in"><FONT style="FONT-SIZE: 8pt; LETTER-SPACING: 0.3pt; LINE-HEIGHT: 9pt" face="Arial Narrow,sans-serif">franklintempleton.com</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face="times new roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face="times new roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in"><STRONG><FONT size=2></FONT></STRONG>&nbsp;</P>

<P style="MARGIN: 0in"><STRONG><FONT size=2></FONT></STRONG>&nbsp;</P>

<P style="MARGIN: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 8pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>Templeton Global Income Fund (GIM) - Letter to Shareholders</FONT></B></P>

<P style="MARGIN: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face="times new roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 8pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>Dear Shareholder,</FONT></P>

<P style="MARGIN: 0in 0in 6pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif>This year&#8217;s Annual Meeting of Shareholders, to be held on Monday, June 6, 2022, is critical to determining the future of the Fund.</FONT><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif> </FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif>Your vote, no matter the number of shares you own, will have a significant impact on your Fund.&nbsp; You have an important choice to make in how you vote.&nbsp; </FONT></P>

<P style="MARGIN: 0in 0in 6pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif>Your Board recommends that you vote on the </FONT></B><B><I><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif>WHITE</FONT></U></I></B><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif> proxy card today</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif>:</FONT></P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 11pt; MARGIN-LEFT: 13.25pt; BORDER-LEFT: windowtext 1pt; PADDING-RIGHT: 0in; MARGIN-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0in 25pt; PADDING-RIGHT: 0in; TEXT-INDENT: -25pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>&#8220;</FONT></I><B><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>FOR</FONT></I></B><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>&#8221; The Fund&#8217;s Nominated Incumbent Trustees </FONT></I></P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 8pt 25pt; PADDING-RIGHT: 0in; TEXT-INDENT: -25pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>&#8220;</FONT></I><B><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>AGAINST</FONT></I></B><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>&#8221; Saba&#8217;s Proposal to Terminate the Investment Management Agreement with the Fund&#8217;s Investment Manager, Franklin Advisers, Inc.</FONT></I></P></DIV>

<P style="MARGIN: 0in 0in 6pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt; LETTER-SPACING: 0pt" face=calibri,sans-serif>We encourage you to consider the following as you make your decision: </FONT></B></P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 11pt; MARGIN-LEFT: 11pt; BORDER-LEFT: windowtext 1pt; PADDING-RIGHT: 0in; MARGIN-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 6pt 25pt; PADDING-RIGHT: 0in; TEXT-INDENT: -25pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>The Fund&#8217;s nominated trustees have proven track records earned over many years and are far more experienced overseeing registered investment companies than Saba&#8217;s nominees</FONT></P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 6pt 25pt; PADDING-RIGHT: 0in; TEXT-INDENT: -25pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>The Fund continues to perform in line with its investment objective, regularly outperforming the JPM Global Government Bond Index (JGBI) on an absolute and risk adjusted basis over rolling 3, 5, 7, and 10 year periods, all while consistently paying monthly distributions that currently stand at 8.0% on an annualized basis</FONT></P></DIV>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 11pt; MARGIN-LEFT: 0.15in; BORDER-LEFT: windowtext 1pt; PADDING-RIGHT: 0in; MARGIN-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 6pt 0.35in; PADDING-RIGHT: 0in; TEXT-INDENT: -0.35in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>Despite their pre-election promises, since joining the Board, Saba&#8217;s current representatives have failed to engage regarding their plans for the Fund or to contribute ideas to further improve the Fund&#8217;s performance</FONT></P></DIV>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 11pt; MARGIN-LEFT: 11pt; BORDER-LEFT: windowtext 1pt; PADDING-RIGHT: 0in; MARGIN-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0in 25pt; PADDING-RIGHT: 0in; TEXT-INDENT: -25pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>Adding additional Saba trustees would grant Saba control of your Fund, enabling Saba to fire your Fund&#8217;s investment adviser, potentially hire themselves to manage the Fund and radically change the Fund&#8217;s investment policies in ways they have not disclosed to you &#8211; </FONT><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>Saba&#8217;s shareholder proposal should be rejected</FONT></B></P></DIV>

<P style="MARGIN: 0in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 6pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif>Bottom Line: </FONT></B></P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 7pt; MARGIN-LEFT: 14.5pt; BORDER-LEFT: windowtext 1pt; PADDING-RIGHT: 0in; MARGIN-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0in 21.5pt; PADDING-RIGHT: 0in; TEXT-INDENT: -21.5pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt; LINE-HEIGHT: 107%" face=calibri,sans-serif>Saba has a long and established history of acting in its own self-interest.&nbsp; If Saba takes control of your Fund, we believe the future of the Fund and its investment strategy are uncertain and at risk of being radically changed.</FONT></P></DIV>

<P style="MARGIN: 0in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif>The Fund plans to fight vigorously against Saba&#8217;s attempted take-over and will continue fighting for ALL shareholders.&nbsp; </FONT></P>

<P style="MARGIN: 0in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0pt" face=calibri,sans-serif>Sincerely,</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in">
<IMG id=Picture4 alt="Text, letter&#10;&#10;Description automatically generated" src="x22041813452502.gif" width=199 height=77></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in"><FONT lang=EN-US style="FONT-SIZE: 11pt; LETTER-SPACING: 0pt" face=calibri,sans-serif>Rupert H. Johnson, Jr.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in"><FONT lang=EN-US style="FONT-SIZE: 11pt; LETTER-SPACING: 0pt" face=calibri,sans-serif>Chairman of the Board</FONT></P></DIV>

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