Templeton Dragon:TDF

    Manage Alerts

    Overview

    As of 9/22/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$18.19$19.36-6.04%
    52 Wk Avg$23.05$25.28-8.75%
    52 Wk High$27.64$30.43-3.16%
    52 Wk Low$17.83$19.02-13.59%
    Regular Distribution TypeIncome Only
    Distribution Rate35.16%
    Distribution Amount$3.1975
    Distribution FrequencySemi-Annually
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To achieve long-term capital appreciation. Under normal market conditions, the Fund will invest at least 45% of its total assets in equity securities of Chinese companies. The Fund may also invest up to 20% of its total assets in equity securities of Japan, and 35% in the Republic of Korea, Taiwan, Philippines, Thailand, Malaysia, Singapore, Indonesia, Sri Lanka, India, Pakistan, Bangladesh, Australia, New Zealand or (in the future if the Fund is so permitted to invest) Vietnam, Laos, Myanmar, or Cambodia. The Fund may also invest up to 20% in debt obligations of Chinese companies. Investments outside of China and Hong Kong will be in those Companies that derive a significant portion of their income or have a significant portion of their assets invested or derived from China.

    Capital Structure

    As of 9/22/2021

    Total Investment Exposure:$654.448M
    Total Common Assets:$654.448M
    Common Shares Outstanding:33,804,143
    Leverage

    As of 12/31/2014

    Preferred Share Assets:
    Total Debt (USD): $1.601M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $1.601M
    Effective Leverage (%): 0.17%
    Annual Expense Ratios

    As of 12/31/2020

      Per Common Share
    Management Fees1.25%
    Other Expenses:0.08%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.33%
    Fund Management

    Fund Sponsor
    Franklin Templeton Investments

    Portfolio Managers
    Michael B. Lai

    Basics
    Category: Equity-Asia Equity
    Ticker: TDF
    NAV Ticker: XTDFX
    Average Daily Volume (shares): 60,316
    Average Daily Volume (USD): $1.356M
    Inception Date: 9/8/1994
    Inception Share Price: $15.00
    Inception NAV: $14.10
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 9/22/2021

    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.

    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 6/30/2021
    -$0.0685
    Annualized Distribution Rate on NAV:
    As of 9/22/2021
    33.03%
    Total Return on NAV (12 months):
    As of 9/22/2021
    -0.85%
    Total % Portfolio Effectively Leveraged:
    As of 9/22/2021
    0.17%

    Pricing Information

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

    As of 9/23/2021

    PeriodAvg Discount
    6 Month-8.24%
    1 Year-8.75%
    3 Year-11.29%
    5 Year-11.82%
    Z-Score

    As of 9/22/2021

    PeriodZStat
    3 Month1.24
    6 Month1.32
    1 Year1.36
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2021
    Category: Morningstar US CEF Asia Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-9.03%-10.43%7.82%7.09%
    202053.32%43.13%22.86%21.82%
    201928.01%26.51%19.77%17.57%
    2018-11.75%-14.61%-13.67%-15.54%
    201742.15%38.22%41.49%33.70%
    20160.78%0.59%4.08%4.04%
    2015-8.40%-6.48%-6.16%-4.97%
    201410.41%8.26%9.13%9.11%
    2013-3.10%-3.47%3.25%9.20%
    201218.30%17.73%25.05%20.66%
    2011-10.00%-9.61%-19.12%-16.30%
    201020.14%21.97%26.36%23.72%
    200963.63%58.82%59.88%59.16%
    2008-39.86%-42.17%  
    200732.55%43.22%  
    200649.96%35.26%  
    200514.28%20.85%  
    20040.30%15.88%  
    2003108.62%76.78%  
    200221.33%12.22%  
    200117.11%-1.51%  
    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 8/31/2021
    Category: Morningstar US CEF Asia Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 8/31/2021
    39
    Annual Portfolio Turnover:
    As of 12/31/2020
    39.50%
    Asset Allocation

    As of 8/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 8/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Cyclical (Super Sector)28.70%
    Consumer Cyclical20.80%
    Sensitive (Super Sector)16.99%
    Communication Services12.23%
    Defensive (Super Sector)11.76%
    Healthcare10.58%
    Financial Services4.25%
    Technology3.72%
    Real Estate2.91%
    Cash Equivalents (Super Sector)2.41%
    Top Holdings

    As of 8/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Templeton China Opportunities Cl Adv USD$303.37M40.14%
    Tencent Holdings Ltd$60.81M8.05%
    Alibaba Group Holding Ltd Ordinary Shares$51.08M6.76%
    ANTA Sports Products Ltd$28.89M3.82%
    JD.com Inc Ordinary Shares - Class A$26.96M3.57%
    Meituan$23.69M3.13%
    China Merchants Bank Co Ltd Class H$21.12M2.79%
    WuXi Biologics (Cayman) Inc$19.14M2.53%
    Innovent Biologics Inc$15.23M2.02%
    NetEase Inc Ordinary Shares$13.38M1.77%
    Country Allocation

    As of 8/31/2021 reported by Fund Sponsor

    Country% Portfolio
    China - Equity56.62%
    Hong Kong - Equity0.83%

    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.

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