Templeton Dragon Fund, Inc.

Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 01/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/20/1994
NAV (%) 12.76 10.25 6.24 6.84 9.12
Market Price (%) 9.39 12.07 7.24 7.85 9.88
MSCI China All Shares Total Return Index (%) 12.16 8.49 3.83 5.07
MSCI China Index (%) 6.00 11.41 6.16 6.01 1.89
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/20/1994
NAV (%) 26.59 14.30 7.10 6.70 9.32
Market Price (%) 27.70 16.93 8.10 7.21 10.21
MSCI Golden Dragon Index (%) 24.15 15.23 8.48 7.07

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
NAV (%) 26.59 -14.64 38.22 0.76 -6.39 7.86 -3.37 17.62 -9.05 21.62
Market Price (%) 27.70 -11.87 42.06 1.03 -8.79 9.74 -3.07 18.07 -9.44 19.58
MSCI China All Shares Total Return Index (%) 27.87 -23.14 41.43 -7.69 -2.88 23.64 1.39 19.53 -17.76 -0.13
MSCI China Index (%) 23.66 -18.75 54.33 1.11 -7.62 8.26 3.96 23.10 -18.24 4.84

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 01/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/20/1994
NAV(%) -3.94 12.76 34.03 35.35 93.82 814.63
Market Price (%) -6.53 9.39 40.76 41.84 112.87 991.87
MSCI China All Shares Total Return Index (%) -3.35 12.16 27.68 20.65 64.04
MSCI China Index (%) -4.80 6.00 38.24 34.82 79.20 60.93
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/20/1994
NAV(%) 26.59 26.59 49.34 40.91 91.21 852.17
Market Price (%) 27.70 27.70 59.88 47.59 100.66 1,068.15
MSCI Golden Dragon Index (%) 24.15 24.15 52.95 50.23 98.06

Expenses As of 12/31/2018 (updated annually)

Gross Expense Ratio 1.33%
Net Expense Ratio [further-information] 1.33%