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Managed Fund Since 2017
Equity
TEDMX Templeton Emerging Markets Equity Fund
- Deep emerging markets expertise: Templeton brings 35+ years of EM experience backed by a local research footprint across emerging markets and global perspectives.
- Bottom-up and fundamental: The strategy focuses on companies with sustainable earnings power at a discount to intrinsic worth.
- Core high-conviction portfolio: Low style tilt, long-term outlook, and best-ideas portfolio of typically 70 -90 companies
Popular Documents
Total Net Assets
$2.79B
As of 08/31/2026 (Updated Monthly)
Name and other changes
Overview
Fund Facts
Fund description
The fund seeks long-term capital appreciation by investing at least 80% of its net assets in securities of developing- or emerging market issuers.
- Benchmark
- MSCI Emerging Markets Index-NR
- Fund Inception Date
- 10/16/1991
- Dividend Frequency, if any
- Annually, in October, if necessary, December
- Number of Issuers
As of 08/31/2026 (Updated Monthly) - 87
Identifiers
- Ticker
- TEDMX
- Fund Number
- 711
- CUSIP Code
- 88018W104
Average Annual Total Returns As of 08/31/2026
Class A
- 46.34%1 Year
- 27.18%3 Years
- 10.15%5 Years
- 10.96%10 Years
- 7.28%Since Inception
10/16/1991
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 with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Top Sectors
As of 08/31/2026 % of Total (Updated Monthly)
Semiconductors & Semiconductor Equipment25.55% | |
Technology Hardware & Equipment15.10% | |
Banks12.92% | |
Capital Goods7.30% | |
Media & Entertainment4.68% |
Additional Fund Info
- Share Class Inception Date
- 10/16/1991
- Investment Style
- Blend
- Lipper Classification
- Emerging Markets Funds
- Morningstar Category
6 - Diversified Emerging Markets
Manager and Commentary
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.
Commentary Highlights
June 30, 2026- Markets: Emerging Market (EM) stocks rose in the second quarter of 2026.
- Contributors: The fund outperformed its benchmark, the MSCI EM Index, for the quarter, primarily due to stock selection and an overweight in Information Technology, and stock selection and an underweight in Materials and Communication Services.
- Detractors: Stock selection in Industrials, an overweight in Consumer Discretionary and an overweight in Health Care detracted from relative performance for the quarter.
- Outlook: EMs continue to evolve. They are shifting from the world’s manufacturing hub to a centre of innovation.
Templeton Global Investments
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Managed Fund Since 2020
Latest Insights
September 14, 2026
September 9, 2026
August 18, 2026
August 12, 2026
Performance
Average Annual Total Returns
As of 08/31/2026
Selected Month August 2026
Class A - With Sales Charge (POP) (%)
Month End
As of 08/31/2026
- 1 Year
- 46.34
- 3 Years
- 27.18
- 5 Years
- 10.15
- 10 Years
- 10.96
- Since Inception(10/16/1991)
- 7.28
Class A - Without Sales Charge (NAV) (%)
Month End
As of 08/31/2026
- 1 Year
- 54.85
- 3 Years
- 29.61
- 5 Years
- 11.40
- 10 Years
- 11.59
- Since Inception(10/16/1991)
- 7.45
MSCI Emerging Markets Index-NR (%)
Month End
As of 08/31/2026
- 1 Year
- 39.25
- 3 Years
- 23.23
- 5 Years
- 8.18
- 10 Years
- 9.29
- Since Inception(10/16/1991)
- 7.94
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 with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Ratings 3
©2026 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Portfolio
Assets
As of08/31/2026 (Updated Monthly)
- Total Net Assets
- $2.79 Billion
Positions
As of 08/31/2026 (Updated Monthly)
Number of Issuers
- Fund
- 87
- Benchmark
- 1,178
Portfolio Statistics
As of 08/31/2026 (Updated Monthly)
Price to Earnings (12-Month Trailing)
- Fund
- 13.76x
- Benchmark
- 14.40x
- Fund
- 9.14x
- Benchmark
- 11.23x
- Fund
- 2.21x
- Benchmark
- 2.39x
- Fund
- $528.15 Billion
- Benchmark
- $369.15 Billion
Asset Allocation
As of 08/31/2026 % of Total (Updated Monthly)
| Holdings | Fund |
|---|---|
Equity | 95.01% |
Cash & Cash Equivalents | 4.99% |
Holdings
As of 08/31/2026 (Updated Monthly)
Taiwan Semiconductor Manufacturing Co Ltd
Samsung Electronics Co Ltd
SK hynix Inc
Franklin Institutional US Government Money Market Fund
MediaTek Inc
Prosus NV
BYD Co Ltd
Lite-On Technology Corp
Hon Hai Precision Industry Co Ltd
ICICI Bank Ltd
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.
Distributions & Tax
- Distribution Frequency
- Annually, in October, if necessary, DecemberThis fund is an ex-Dividend fund
- Capital Gain Distributions
- October, December
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
12/19/2025
09/30/2025
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.
Pricing
Pricing History
As of 09/25/2026 (Updated Daily)
Daily Fund Prices and Breakpoints
As of 09/25/2026
Share Prices
As of 09/25/2026
POP and Sales Charge at Breakpoints
Less than $25,000
$25,000 - $49,999
$50,000 - $99,999
$100,000 - $249,999
$250,000 - $499,999
$500,000 - $749,999
$750,000 - $999,999
52-Week Range
- Highest NAV
As of 06/02/2026 - $38.26
- Lowest NAV
As of 10/10/2025 - $24.90
Documents
Fund Literature
Factsheet - Templeton Emerging Markets Equity Fund
Product Commentary - Templeton Emerging Markets Equity Fund
Regulatory Documents
Annual Report - Templeton Emerging Markets Equity Fund - Class A
Annual Financial Statements and Other Information - Templeton Emerging Markets Equity Fund
Semi-Annual Report - Templeton Emerging Markets Equity Fund - Class A
Semi-Annual Financial Statements and Other Information - Templeton Emerging Markets Equity Fund
Prospectus - Templeton Emerging Markets Equity Fund
Summary Prospectus - Templeton Emerging Markets Equity Fund
Statement of Additional Information - Templeton Emerging Markets Equity Fund
Fiscal Q1 Holdings - Templeton Emerging Markets Equity Fund
Fiscal Q3 Holdings - Templeton Emerging Markets Equity 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. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. 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. These and other risks are discussed in the fund’s prospectus.
Important Information
Total Returns include change in share price, assume reinvestment of all distributions, and reflect the deduction of fund expenses and applicable fees. Total returns, distribution rate, and yields reflect any applicable expense reductions and fee waivers; without these reductions, the results would have been lower.
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.
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
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Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
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.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
The MSCI Emerging Markets Index is a market capitalization-weighted index that is designed to measure equity market performance in the global emerging markets.
MSCI Emerging Markets Index-NR reflects the performance of MSCI Emerging Markets Index (gross returns) from fund inception through 12/31/2000 and the MSCI Emerging Markets Index-NR thereafter
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.