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 (TDF) provides investors with strategic exposure to China's equity markets through its closed-end structure and diversified portfolio. This news hub aggregates official announcements, financial reports, and market analysis related to TDF's investments across key sectors including energy, financial services, and consumer industries.
Access timely updates on portfolio adjustments, earnings disclosures, and strategic developments within China's evolving economic landscape. Track the fund's performance through verified press releases and third-party analysis of its sector diversification strategy and risk management approaches.
Key content includes quarterly earnings commentary, investment position updates, management insights, and coverage of China's regulatory developments impacting equity markets. All materials maintain factual accuracy while avoiding speculative content or investment recommendations.
Bookmark this page for centralized access to TDF's latest developments and historical news archives. Regularly updated content supports informed analysis of the fund's long-term capital appreciation strategy within emerging markets.
Templeton Dragon Fund (TDF) has announced its quarterly distribution plan, with the next distribution scheduled for March 31, 2025. The Fund's Board has authorized a Managed Distribution Plan that will provide quarterly distributions at a fixed rate of $0.10 per share.
The Plan aims to provide consistent quarterly distributions from ordinary income and short-term capital gains, while attempting to narrow the discount between market price and NAV. TDF has indicated it has distributed more than its income and net realized capital gains, suggesting a portion of distributions may represent a return of capital.
Franklin Templeton, TDF's parent company, manages $1.58 trillion in assets as of February 28, 2025, operating globally with over 1,500 investment professionals and 75 years of investment experience.
Templeton Dragon Fund (NYSE: TDF) has declared a quarterly distribution of $0.10 per share, payable on March 31, 2025, to shareholders of record on March 17, 2025. The Fund's Board has implemented a Managed Distribution Plan that establishes fixed quarterly distributions at $0.10 per share.
The Plan aims to provide consistent quarterly distributions from ordinary income and short-term capital gains while attempting to reduce the discount between market price and NAV. If sufficient distributable income is unavailable, the Fund may distribute long-term capital gains or return capital to maintain the distribution rate. The Board retains the right to amend or terminate the Plan, which could affect the Fund's share market price.
Templeton Dragon Fund (TDF) has announced three key initiatives aimed at reducing the fund's discount to net asset value (NAV) and benefiting shareholders:
1. A five-basis point management fee reduction effective March 1, 2025
2. Implementation of a managed distribution plan offering quarterly distributions of $0.10 per share (3.8% NAV-based and 4.6% market price-based annualized distribution as of January 31, 2025)
3. Introduction of an open-market share repurchase program allowing the fund to purchase up to 10% of common shares to reduce market price discount to NAV
The first quarterly distribution under the managed plan is expected around March 31, 2025. The repurchase program will be executed at management's discretion based on factors including discount level, performance, market conditions, and cash availability.
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.
Templeton Dragon Fund, Inc. (NYSE: TDF) has announced a reduction in management fees, effective
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