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Templeton Dragon Fund - TDF STOCK NEWS

Welcome to our dedicated page for Templeton Dragon Fund news (Ticker: TDF), a resource for investors and traders seeking the latest updates and insights on Templeton Dragon Fund stock.

Templeton Dragon Fund Inc (symbol: TDF) is a closed-end management investment company focused on achieving long-term capital appreciation. The fund primarily invests in equity securities of companies based in China, diversifying across various sectors including gas & consumable fuels, auto components, banks, beverages, communications equipment, healthcare equipment & supplies, restaurants & leisure, and household durables.

Administered by Franklin Templeton Investments, a globally recognized investment management organization, Templeton Dragon Fund leverages deep market insights and expertise to drive growth and deliver value to its investors. Recent achievements include strategic partnerships, sector-specific investments, and active portfolio management to navigate market fluctuations and capitalize on growth opportunities in the Chinese market.

Financially, the fund maintains a robust portfolio, reflecting a balanced approach between high-growth potential stocks and stable sectors. Continuous monitoring and adjustment of the portfolio are done to align with market dynamics and investor goals. The company emphasizes transparency and regular communication with investors regarding performance, strategic direction, and market conditions.

For the latest updates and relevant information about Templeton Dragon Fund's performance, events, and developments, visit our official news section.

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Templeton Dragon Fund (NYSE: TDF) has announced a total distribution of $0.1155 per share, payable on August 30, 2024, to shareholders of record on August 19, 2024. This distribution consists entirely of net investment income, with no short-term or long-term capital gains. The ex-dividend date is set for August 19, 2024.

Franklin Resources, Inc., TDF's parent company, is a global investment management organization operating as Franklin Templeton. With over 75 years of experience, the company manages over $1.6 trillion in assets as of June 30, 2024. Franklin Templeton offers a wide range of investment solutions through its specialist managers, serving clients in more than 150 countries worldwide.

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Templeton Dragon Fund (TDF) Announces Final Results of Issuer Tender Offer
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Templeton Dragon Fund (TDF) Announces Preliminary Results of Issuer Tender Offer
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Templeton Dragon Fund (TDF) has announced an issuer tender offer to purchase up to 25% of its common shares, representing 8,451,035 shares. The offer will expire on December 20, 2023, with shares purchased at 98% of the Fund’s net asset value. The Fund will sell portfolio instruments to raise cash for the purchase, potentially holding a greater than normal percentage of its net assets in cash and cash equivalents during the tender offer. Shareholders are advised to read the offer to purchase, as it contains important information.
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Templeton Dragon Fund, Inc. (NYSE: TDF) announced an issuer tender offer to purchase up to 25% of its common shares for cash at a price per share equal to 98% of the Fund’s net asset value. The offer will commence on November 21, 2023, and purchases will be made at a price per share equal to 98% of the Fund’s net asset value (NAV) per share. The Fund will purchase a number of shares equal to the offer amount on a pro-rated basis if more shares are tendered than the authorized amount. The commencement of the tender offer is pursuant to an agreement between the Fund and City of London Investment Management Company Limited. Shareholders are advised to read the offer to purchase when it is available, as it contains important information.
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Templeton Dragon Fund, Inc. (NYSE: TDF) has announced a reduction in management fees, effective May 1, 2023, as approved by its board on March 27, 2023. This strategic move is projected to enhance shareholder value. The new fee structure includes an annualized rate of 1.10% for net assets up to $1 billion, dropping to 1.00% for assets over $2 billion. Previously, fees were as high as 1.25% for the same asset tier. The fee reductions are expected to improve net returns for investors, aligning interests between the fund and its shareholders.

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Templeton Dragon Fund (NYSE: TDF) announced a total distribution of $1.3014 per share, which includes $0.0033 in short-term capital gains and $1.2981 in long-term capital gains. This distribution is payable on August 31, 2022 to shareholders of record as of August 15, 2022. The Ex-Dividend Date is set for August 12, 2022. Franklin Resources, Inc. (NYSE: BEN), the parent company of Templeton Dragon Fund, reported approximately $1.4 trillion in assets under management as of June 30, 2022.

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Templeton Dragon Fund, Inc. (NYSE: TDF) has announced a total distribution of $2.4022 per share, which comprises $0.9258 from short-term capital gains and $1.4764 from long-term capital gains. Shareholders of record will receive this distribution on September 20, 2021, with an ex-dividend date of September 2, 2021.

Franklin Resources, Inc. (NYSE: BEN), the parent company of Templeton Dragon Fund, operates globally with over $1.5 trillion in assets under management and aims to enhance client outcomes through diverse investment management solutions.

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Templeton Dragon Fund, Inc. (NYSE: TDF) announced a distribution of $3.1975 per share from long-term capital gains, payable on December 31, 2020. Shareholders of record must hold shares by December 15, 2020, with an ex-dividend date of December 14, 2020.

This distribution is part of the fund's effort to provide returns to its investors, reflecting its financial performance and commitment to shareholder value.

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FAQ

What is the current stock price of Templeton Dragon Fund (TDF)?

The current stock price of Templeton Dragon Fund (TDF) is $8.995 as of November 8, 2024.

What is the market cap of Templeton Dragon Fund (TDF)?

The market cap of Templeton Dragon Fund (TDF) is approximately 226.4M.

What is Templeton Dragon Fund Inc?

Templeton Dragon Fund Inc (TDF) is a closed-end management investment company seeking long-term capital appreciation by investing in Chinese equity securities.

Which sectors does Templeton Dragon Fund invest in?

The fund invests in various sectors including gas & consumable fuels, auto components, banks, beverages, communications equipment, healthcare equipment & supplies, restaurants & leisure, and household durables.

Who manages Templeton Dragon Fund?

Templeton Dragon Fund is managed by Franklin Templeton Investments, a global investment management organization.

What is the investment strategy of Templeton Dragon Fund?

The fund aims for long-term capital appreciation by diversifying its investments across high-growth potential and stable sectors in China.

How can I get updates about Templeton Dragon Fund?

For the latest updates and information, visit the official news section of Templeton Dragon Fund on their website.

What are the recent achievements of Templeton Dragon Fund?

Recent achievements include strategic partnerships and sector-specific investments to maximize growth opportunities in the Chinese market.

How does Templeton Dragon Fund communicate with its investors?

The fund emphasizes transparency and regularly communicates with investors regarding performance, strategic direction, and market conditions.

Is investing in Templeton Dragon Fund risky?

All investments involve risks, including potential loss of principal. It's advisable to consult with an investment adviser before investing.

Can residents of all jurisdictions invest in Templeton Dragon Fund?

The products and services may not be available to residents in certain jurisdictions. Consult with your investment adviser or local Franklin Templeton office for more information.

Does Templeton Dragon Fund offer any legal or tax advice?

No, the information provided by Templeton Dragon Fund is not intended to constitute investment, tax, legal, or other advice.

Templeton Dragon Fund

NYSE:TDF

TDF Rankings

TDF Stock Data

226.40M
25.35M
73.62%
Asset Management
Financial Services
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United States of America
Singapore