Templeton Emerging Markets:EMF

    Manage Alerts

    Overview

    As of 9/29/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$11.31$13.22-14.45%
    52 Wk Avg$11.66$13.38-12.83%
    52 Wk High$13.19$14.55-8.56%
    52 Wk Low$10.10$11.85-15.14%
    Regular Distribution Type†Income Only
    Distribution Rate9.98%
    Distribution Amount$1.1293
    Distribution FrequencyAnnually
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Funds investment objective is long-term capital appreciation. Under normal conditions, at least 75% of the Funds total assets will be invested in emerging countries equity securities, including common and preferred stock, debt securities convertible into common stock and common stock purchase warrants.

    Capital Structure

    As of 9/29/2023

    Total Investment Exposure:$217.779M
    Total Common Assets:$207.779M
    Common Shares Outstanding:15,717,039
    Leverage

    As of 9/29/2023

    Preferred Share Assets:
    Total Debt (USD): $10.000M
    Regulatory Leverage (USD): $10.000M
    Effective Leverage (USD): $10.000M
    Effective Leverage (%): 4.59%
    Annual Expense Ratios

    As of 8/31/2023

      Per Common Share
    Management Fees1.20%
    Other Expenses:0.16%
    Baseline Expense: N/A
    Interest Expense:0.14%
    Total: 1.49%
    Fund Management

    Fund Sponsor
    Franklin Templeton Investments

    Portfolio Managers
    Chetan Sehgal, Andrew Ness

    Basics
    Category: Equity-Emerging Market Equity
    Ticker: EMF
    NAV Ticker: XEMFX
    Average Daily Volume (shares): 24,766
    Average Daily Volume (USD): $0.288M
    Inception Date: 2/26/1987
    Inception Share Price: $20.00
    Inception NAV: $0.00
    Tender Offer: No
    Term: No
    Fiscal Year End: August 31
    Third Party Links & Reports

    Distributions

    As of 9/29/2023

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 2/28/2023    		 $0.1189
    Annualized Distribution Rate on NAV:
    As of 9/29/2023    		8.54%
    Total Return on NAV (12 months):
    As of 9/29/2023    		19.74%
    Total % Portfolio Effectively Leveraged:
    As of 9/29/2023     		4.59%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 10/2/2023

    PeriodAvg Discount
    6 Month-13.63%
    1 Year-12.83%
    3 Year-11.27%
    5 Year-11.43%
    Z-Score

    As of 9/29/2023

    PeriodZStat
    3 Month-1.32
    6 Month-1.41
    1 Year-1.24
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2023
    Category: Morningstar US CEF Emerging Market Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-0.96%5.00%4.39%9.64%
    2022-21.57%-22.73%-25.94%-26.17%
    2021-8.20%-5.45%4.41%3.53%
    202024.45%17.77%2.35%5.14%
    201927.15%26.31%22.09%17.32%
    2018-14.73%-15.54%-7.13%-9.79%
    201745.23%41.81%30.90%25.77%
    201623.24%26.11%9.58%10.08%
    2015-26.76%-26.20%-19.15%-17.72%
    2014-4.90%-0.56%-12.67%-10.86%
    2013-4.09%-7.70%-2.93%-4.67%
    201214.70%15.53%28.26%25.79%
    2011-22.82%-19.34%-21.20%-18.67%
    201020.74%22.80%  
    2009117.53%106.93%  
    2008-54.15%-57.22%  
    200737.68%51.62%  
    200623.21%29.03%  
    200531.63%28.90%  
    200416.32%25.81%  
    200389.50%53.00%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/30/2023
    Category: Morningstar US CEF Emerging Market Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 7/31/2023    		90
    Annual Portfolio Turnover:
    As of 8/31/2023    		20.05%
    Asset Allocation

    As of 7/31/2023

    Top Sectors

    As of 7/31/2023

    Sector%Portfolio
    Sensitive (Super Sector)48.14%
    Cyclical (Super Sector)40.86%
    Technology28.64%
    Financial Services23.32%
    Communication Services12.66%
    Consumer Cyclical10.79%
    Defensive (Super Sector)7.08%
    Basic Materials6.34%
    Cash Equivalents (Super Sector)3.92%
    Cash Equivalents3.92%
    Top Holdings

    As of 7/31/2023

    HoldingValue% Portfolio
    Taiwan Semiconductor Manufacturing Co Ltd$23.84M10.36%
    Samsung Electronics Co Ltd$12.53M5.45%
    ICICI Bank Ltd$12.20M5.30%
    Alibaba Group Holding Ltd Ordinary Shares$12.02M5.23%
    NAVER Corp$7.95M3.45%
    Tencent Holdings Ltd$7.34M3.19%
    Petroleo Brasileiro SA Petrobras Participating Preferred$6.50M2.82%
    Prosus NV Ordinary Shares - Class N$6.41M2.78%
    MediaTek Inc$6.04M2.62%
    LG Corp$5.58M2.43%
    Country Allocation

    As of 7/31/2023

    Country% Portfolio
    China - Equity24.97%
    South Korea - Equity19.59%
    Taiwan - Equity13.95%
    India - Equity13.08%
    Brazil - Equity8.24%
    Netherlands - Equity2.78%
    Thailand - Equity2.36%
    Hong Kong - Equity2.18%
    Mexico - Equity1.56%
    United States - Equity1.45%
    United Kingdom - Equity1.20%
    Hungary - Equity1.09%
    Chile - Equity0.95%
    Indonesia - Equity0.75%
    Others - Equity0.72%
    South Africa - Equity0.70%
    Peru - Equity0.50%
    Pakistan - Equity0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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