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Managed Fund Since 2023
Equity
TDF Templeton Dragon Fund Inc
Popular Documents
Overview
Fund Facts
Fund description
The fund seeks long-term capital appreciation by investing at least 45% of its total assets in the equity securities of “China companies,” as defined in the fund’s prospectus.
- Number of Issuers
As of 02/28/2026 (Updated Monthly) - 62
- Fund Inception Date
- 09/20/1994
- Total Net Assets
As of 02/28/2026 (Updated Monthly) - $340.26 Million
- Dividend Frequency, if any
- Quarterly
- Morningstar Category
5 - China Region
- Asset Class
- Equity
Identifiers
- Ticker
- TDF
- NAV Symbol
- N/A
- CUSIP Code
- 88018T101
Average Annual Total Returns As of 02/28/2026
- 27.25%1 Year
- 4.99%3 Years
- -9.26%5 Years
- 6.23%10 Years
- 8.12%Since Inception
09/20/1994
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Sectors
As of 02/28/2026 % of Total (Updated Monthly)
Media & Entertainment14.40% | |
Consumer Discretionary Distribution & Retail13.14% | |
Materials11.41% | |
Technology Hardware & Equipment11.05% | |
Capital Goods8.05% |
Additional Fund Info
- Listing Exchange
- NYSE
- Fiscal Year End
- December 31
- Benchmark
- MSCI China All Shares Index-NR
- Lipper Classification
- Emerging Markets Funds
- Investment Style
- Blend
Trading Characteristics
- Shares Outstanding
- 25,170,493
- Daily Volume
- N/A
- Initial Offering (Shares of common stock /beneficial interest)
- 53,000,000.00
- Initial Offering Price
- $15.00
Manager
About the Team
Templeton Global Investments combines extensive local presence and expertise with a flexible investment approach to give clients access to a broad set of global growth opportunities.
Templeton Global Investments
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Managed Fund Since 2025
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Managed Fund Since 2020
Latest Insights
March 9, 2026
March 5, 2026
March 3, 2026
Performance
Average Annual Total Returns
As of 02/28/2026
Selected Month February 2026
Templeton Dragon Fund Inc - Market Price (%)
Month End
As of 02/28/2026
Templeton Dragon Fund Inc - NAV (%)
Month End
As of 02/28/2026
MSCI China All Shares Index-NR (%)
Month End
As of 02/28/2026
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns based on Market Price or NAV, and assume the reinvestment of all distributions at the Dividend Reinvestment Plan Price or NAV, respectively. Returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Returns for periods of less than one year are not annualized.
Portfolio
Assets
As of02/28/2026 (Updated Monthly)
- Total Net Assets
- $340.26 Million
Positions
As of 02/28/2026 (Updated Monthly)
Number of Issuers
- Fund
- 62
- Benchmark
- 560
Asset Allocation
As of 02/28/2026 % of Total (Updated Monthly)
| Holdings | Fund |
|---|---|
Equity | 93.23% |
Cash & Cash Equivalents | 6.77% |
Distributions & Tax
Federal ID Number 65-0473580
For information on tax years prior to 2008, please contact usThese amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
Mar 17
Jun 16
Sep 18
Dec 15
Supplemental Tax Information
- Foreign Source Income
- 46.97%
- Foreign Source Qualified Dividends
- 29.66%
- Direct U.S. Government Obligations
- —
- Specified Private Activity Bond Interest
- —
- Dividends Received Deduction
- —
- Section 163(j)
- —
- Indiana Resident Taxable Income
- —
- Utah Resident Taxable Income
- —
Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
Pricing
Pricing History
As of 03/31/2026 (Updated Daily)
Daily Fund Prices
As of 03/31/2026
Share Prices
As of 03/31/2026
52-Week Range
- Highest NAV
As of 01/28/2026 - $13.95
- Lowest NAV
As of 04/08/2025 - $9.78
- Highest Market Price
As of 02/11/2026 - $13.66
- Lowest Market Price
As of 04/07/2025 - $8.21
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Templeton Dragon Fund Inc. | |||
| Portfolio Holdings - Templeton Dragon Fund Inc | |||
| Product Commentary - Templeton Dragon Fund Inc. | |||
| Distribution Summary - Franklin Templeton Closed-End Fund | |||
| Product Guide - Closed-end funds |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Templeton Dragon Fund | |||
| Semi-Annual Report - Templeton Dragon Fund | |||
| TDF Section 19 Notice as of 12/31/25 | |||
| TDF Section 19 Notice as of 3/31/25 | |||
| TDF Section 19 Notice as of 6/30/25 | |||
| TDF Section 19 Notice as of 9/30/25 | |||
| Fiscal Q1 Holdings - Templeton Dragon Fund | |||
| Fiscal Q3 Holdings - Templeton Dragon Fund |
Risks
All investments involve risks, including possible loss of principal. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. There are special risks associated with investments in China, Hong Kong and Taiwan, including less liquidity, expropriation, confiscatory taxation, international trade tensions, nationalization, and exchange control regulations and rapid inflation, all of which can negatively impact the fund. Investments in Hong Kong and Taiwan could be adversely affected by its political and economic relationship with China. To the extent the fund invests in companies in a specific country or region, the fund may experience greater volatility than a fund that is more broadly diversified geographically. The portfolio is non-diversified and may invest in a relatively small number of issuers, which may negatively impact the fund's performance and result in greater fluctuation in the value of the fund's shares. The managers’ environmental social and governance (ESG) strategies may limit the types and number of investments available and, as a result, may forgo favorable market opportunities or underperform strategies that are not subject to such criteria. There is no guarantee that the strategy's ESG directives will be successful or will result in better performance.
Important Information
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all fund expenses. Returns for periods of less than one year are not annualized. All classes of shares may not be available to all investors or through all distribution channels. For current month-end performance, please call Franklin Templeton at (800) DIAL BEN/(800) 342-5236 or visit www.franklintempleton.com.
Investors should carefully consider the 529 plan’s investment goals, risks, charges and expenses before investing. To obtain the Program Description, which contains this and other information, talk to your financial professional or call Franklin Distributors, LLC, the manager and underwriter for the 529 plan at (800) DIAL BEN/342-5236 or visit franklintempleton.com. You should read the Program Description carefully before investing and consider whether your, or the beneficiary’s, home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in its qualified tuition program.
Franklin Templeton's 529 College Savings Plan is offered and administered by the New Jersey Higher Education Student Assistance Authority (HESAA); managed and distributed by Franklin Distributors, LLC, which is a Franklin Templeton company.
Investments in Franklin Templeton’s 529 College Savings Plan are not insured by the FDIC or any other government agency and are not deposits or other obligations of any depository institution. Investments are not guaranteed by the State of New Jersey, Franklin Templeton, or its affiliates and are subject to risks, including loss of principal amount invested. Investing in the plan does not guarantee admission to any particular primary, secondary school or college, or sufficient funds for primary, secondary school or college.
This material is being provided for general informational and should not be considered or relied upon as legal, tax or investment advice or an investment recommendation, or as a substitute for legal or tax counsel and provided for educational and informational purposes only. Franklin Templeton does not provide legal or tax advice. Federal and state laws and regulations are complex and subject to change, which can materially impact your results. Franklin Templeton cannot guarantee that such information is accurate, complete or timely; and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information.
Most 529 portfolios offer multiple share class options. Share classes are subject to different fees and expenses, which will affect their performance.
Certain share classes are only offered to eligible investors as stated in the Program Description. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Program Description for additional information.
Effective November 18, 2024, there were investment-related enhancements. Please see Program Description for detailed information.
The JP Morgan EMBI Global Index tracks total returns for U.S. dollar-denominated debt instruments issued by emerging market sovereign and quasi-sovereign entities: Brady bonds, loans, Eurobonds and local market instruments.
Source: JP Morgan.
The MSCI China All Shares Index-NR captures large- and mid-cap representation across China A-shares, B-shares, H-shares, Red-chips, P-chips and foreign listings (e.g., ADRs). The index aims to reflect the opportunity set of China share classes listed in Hong Kong, Shanghai, Shenzhen and outside of China.
Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
Net Returns (NR) include income net of tax withholding when dividends are paid.
Franklin Distributors, LLC. Member FINRA, SIPC. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE. All rights reserved.