Templeton Dragon Fund, Inc. Announces Commitment to Share Repurchases in Response to Fund Discount
Templeton Dragon Fund, Inc. Announces Commitment to Share Repurchases in Response to Fund Discount
SAN MATEO, Calif.--(BUSINESS WIRE)--Templeton Dragon Fund, Inc. [NYSE: TDF] a closed-end investment company managed by Templeton Asset Management Ltd. (“TAML”), announced today that its Board is committed to supporting the Fund and intends to repurchase shares in the open market when the Fund’s discount to net asset value exceeds -10%, subject to TAML’s discretion and market conditions.
Contact the Fund at 1-888-777-0102 for more information or visit the Fund’s web site at https://www.franklintempleton.com/investments/options/closed-end-funds. The information contained on the Fund’s web site is not part of this press release. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.
Data and commentary provided in this press release are for informational purposes only. Franklin Resources, Inc. and its affiliates do not engage in selling shares of the Fund.
Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity.
With approximately $1.68 trillion in assets under management as of March 31, 2026, Franklin Templeton operates globally in more than 35 countries.
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Contacts
Investor Contact: Fund Investor Services 1-888-777-0102