Templeton Dragon Fund, Inc.

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.

Section 16 Filings
Insiders' Beneficial Ownership Reports for this fund are available on the SEC website.

Strategy Statement

"Chinese domestic consumer demand has grown and trade has flourished within Asia and with the rest of the world. We will continue applying our bottom-up, long-term, value-oriented strategy to find "bargain" companies in this dynamic region."

Management

Eddie Chow, CFA

Eddie Chow, CFA®

  • Joined Franklin Templeton in 1994
  • Managed Fund Since 2000

Investing In The Fund

All investments involve risks, including possible loss of principal. Special risks are associated with foreign investing, including currency volatility, economic instability and political developments of countries where the fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. The fund may invest in eligible China A shares ("Stock Connect Securities") listed and traded on the Shanghai Stock Exchange through the Shanghai-Hong Kong Stock Connect program, as well as eligible China A shares listed and traded on the Shenzhen Stock Exchange through the Shenzhen-Hong Kong Stock Connect program (collectively, "Stock Connect"). Stock Connect is subject to a number of restrictions that may affect the fund's investments and returns. Stock Connect Securities generally may not be sold, purchased or otherwise transferred other than through Stock Connect in accordance with applicable rules. Daily and aggregate investment quotas apply to all Stock Connect participants, which may restrict or preclude the fund's ability to invest in Stock Connect Securities. Stock Connect is subject to trading, clearance and settlement procedures that are untested in China, which could pose risks to the fund. The withholding tax treatment of dividends and capital gains payable to overseas investors currently is unsettled. The application and interpretation of the laws and regulations of Hong Kong and China, and the rules, policies or guidelines published or applied by regulators and exchanges in respect of the Stock Connect program, are uncertain, and may have a detrimental effect on the fund's investments and returns. There are special risks associated with investments in China, Hong Kong and Taiwan, including exposure to currency fluctuations, less liquidity, expropriation, confiscatory taxation, nationalization and exchange control regulations (including currency blockage), inflation and rapid fluctuations in inflation and interest rates. In addition, investments in Taiwan could be adversely affected by its political and economic relationship with China. Because the fund invests its assets primarily in companies in a specific region, the fund is subject to greater risks of adverse developments in that region and/or the surrounding regions than a fund that is more broadly diversified geographically. Political, social or economic disruptions in the region, even in countries in which the fund is not invested, may adversely affect the value of securities held by the fund. Also, as a non-diversified investment company investing in "China companies," the fund may invest in a relatively small number of issuers and, as a result, be subject to a greater risk of loss with respect to its portfolio securities. The fund is actively managed but there is no guarantee that the manager's investment decisions will produce the desired results.


More information

Contact: Transfer Agent

By Mail

American Stock Transfer & Trust Co., LLC
6201 15th Avenue
Brooklyn, NY 11219

General Mail Inquiries:

Franklin Templeton
c/o American Stock Transfer & Trust Co., LLC
6201 15th Avenue
Brooklyn, NY 11219

help@astfinancial.com

Shareholder services

  • Toll Free Phone Number: 1-800/937-5449
  • Hearing Impaired Phone Number: 1-866/703-9077
  • International Phone Number: 718/921-8124
  • Hearing Impaired International Number: 718/921-8386

Online

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Client Web Access

www.astfinancial.com

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