On October 11, 2022, Charles B. Johnson and Franklin Resources, Inc. announced that they have acquired the shares for investment and to support the re-election of certain incumbent members of Templeton Global Income FundÆs board of trustees, who would be opposed by the Saba Capital Management nominees at any new shareholder meeting. Charles B. Johnson stated that he and the Company filed a lawsuit against Saba Capital Management and certain other persons and are parties to a motion for a preliminary injunction seeking to enjoin the putative results of the June 6, 2022 shareholder vote of the Company with respect to certain persons nominated for election to its board of trustees by Saba Capital Management and requiring the defendants in the case to distribute corrective disclosures to shareholders prior to a new shareholder meeting.