Latest Templeton Dragon Fund (TDF) Headlines Te
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Templeton Dragon Fund, Inc. ("TDF") Announces an Amendment to Its Non-Fundamental Investment Restriction Limiting Investments in a Single Issuer
Marketwire - Wed Mar 12, 3:23PM CDT
Templeton Dragon Fund, Inc. (NYSE: TDF) today announced that the Fund's Board of Directors approved an amendment to the Fund's non-fundamental investment policy limiting investments in a single issuer to up to 15% of the Fund's total assets, measured at the time of investment. Under the amended investment policy, for investments in any affiliated private investment fund or vehicle in which the Fund has invested, the 15% limit shall apply to the Fund's proportionate interest in the portfolio securities held by such investment fund or vehicle. The amended investment policy will enable the Fund to invest a greater portion of its total assets in the Templeton China Opportunities Fund, Ltd., a Cayman Islands Exempt Company which holds China A shares directly and serves as an investment vehicle through which U.S. registered Franklin Templeton funds can gain exposure to the China A Share market. These are investments that the Fund cannot make directly because China A Shares are only available as an investment to domestic Chinese investors, Qualified Foreign Institutional Investors and Renminbi Qualified Foreign Institutional Investors.
12.6% Return Seen to Date on SmarTrend Templeton Dragon Fund Call (TDF)
Comtex SmarTrend(R) - Wed Feb 05, 9:58AM CST
SmarTrend identified a Downtrend for Templeton Dragon Fund (NYSE:TDF) on December 12th, 2013 at $26.12. In approximately 2 months, Templeton Dragon Fund has returned 12.62% as of today's recent price of $22.82.
Templeton Releases Closed-End Funds' Portfolio Allocation Updates
Marketwire - Tue Jan 21, 12:19PM CST
The Templeton closed-end Funds referenced below, which trade on the New York Stock Exchange, today released portfolio allocation updates containing the following information as of December 31, 2013:
Templeton Dragon Fund, Inc. ("TDF") Announces Distribution
Marketwire - Mon Dec 02, 12:49PM CST
Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a total distribution of $1.0556, comprised of net investment income of $0.5251 per share, short-term capital gains distribution of $0.0083 per share and long-term capital gains distribution of $0.5222 per share, payable on December 31, 2013 to shareholders of record on December 13, 2013 (Ex-Dividend Date: December 11, 2013).
Shares of TDF Down 15.4% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Tue Jun 25, 9:10AM CDT
SmarTrend identified a Downtrend for Templeton Dragon Fund (NYSE:TDF) on February 26th, 2013 at $28.24. In approximately 4 months, Templeton Dragon Fund has returned 15.39% as of today's recent price of $23.89.
Templeton Dragon Fund, Inc. (NYSE: TDF), Templeton Russia and East European Fund, Inc. (NYSE: TRF), Templeton Emerging Markets Fund (NYSE: EMF) Announce Modification of Share Repurchase Programs
Marketwire - Wed Mar 06, 8:57AM CST
The Templeton closed-end Funds referenced above, which trade on the New York Stock Exchange, announced today that each Fund's Board has approved a modification to the Funds' existing open-market share repurchase programs to authorize each Fund to repurchase up to 10% of a Fund's outstanding shares in open-market transactions, at the discretion of management. Under the Funds' previously announced open-market share repurchase programs, no specific amount of the Funds' outstanding shares was authorized for repurchase.
Announcement of Open Market Share Repurchases: Templeton Dragon Fund, Inc. (NYSE: TDF), Templeton Emerging Markets Fund (NYSE: EMF), Templeton Russia and East European Fund, Inc. (NYSE: TRF)
Marketwire - Fri Dec 21, 7:43AM CST
The Templeton closed-end Funds referenced above, which trade on the New York Stock Exchange, today announced the implementation of open market share repurchases pursuant to each Fund's previously authorized open-market share repurchase program. Share repurchases commenced on November 7, 2012.