TEMPLETON DRAGON FUND, INC.
Fort
Lauderdale, FL 33301
For
more information, please contact Franklin Templeton at 1-800-342-5236.
TEMPLETON
DRAGON FUND, INC. (“TDF”)
ANNOUNCES
NOTIFICATION OF SOURCES OF DISTRIBUTIONS
Fort
Lauderdale, Florida, September 29, 2025. Templeton Dragon Fund [NYSE: TDF
]
The Fund’s estimated
sources of the distribution to be paid on September 30, 2025, and for the
fiscal year 2025 year-to-date are as follows:
Estimated Allocations for September
Quarterly Distribution:
Cumulative Estimated Allocations fiscal
year-to-date as of June 30, 2025, and for the fiscal year ending December 31,
2025:
Shareholders should not draw any conclusions about the Fund’s investment
performance from the amount of this distribution or from the terms of the
Plan. TDF estimates that it has distributed more than its income and net
realized capital gains; therefore, a portion of the TDF distribution to
shareholders may be a return of capital. A return of capital may occur, for
example, when some or all of the money that a shareholder invested in a Fund is
paid back to them. A return of capital distribution does not necessarily
reflect TDF’s investment performance and should not be confused with ‘yield’ or
‘income’. The amounts and sources of distributions reported herein are only
estimates and are not being provided for tax reporting purposes. The actual
amounts and sources of the amounts for tax reporting purposes will depend upon
the Fund’s investment experience during the remainder of its fiscal year and
may be subject to changes based on tax regulations. The Fund will send a Form
1099-DIV to shareholders for the calendar year that will describe how to report
the Fund’s distributions for federal income tax purposes.
Average
Annual Total Return (in relation to the change in net asset value (NAV) for
the 5-year period ended on 8/31/2025)1 |
Annualized
Distribution Rate (as a percentage of NAV for the current fiscal period
through 8/31/2025)2 |
Cumulative
Total Return (in relation to the change in NAV for the fiscal period through 8/31/2025)3 |
Cumulative
Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 8/31/2025)4 |
|
|
|
|
|
Fund Performance
and Distribution Rate Information:
Average
Annual Total Return in relation to NAV represents the compound average of the
Annual NAV Total Returns of the Fund for the five-year period ended through August
31, 2025. Annual NAV Total Return is the percentage change in the Fund’s NAV
over a year, assuming reinvestment of distributions
paid.
The
Annualized Distribution Rate is the current fiscal period’s distribution rate
annualized as a percentage of the Fund’s NAV through August 31, 2025.
Cumulative
Total Return is the percentage change in the Fund’s NAV from December 31, 2024
through August 31, 2025, assuming reinvestment of distributions
paid.
The
Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of
distributions for the fiscal period December 31, 2024 through June 30, 2025, as
a percentage of the Fund’s NAV as of August 31, 2025.
The Fund’s Board of Trustees (the “Board”) has authorized a Managed
Distribution Plan (the “Plan”), under which the Fund will make quarterly
distributions to shareholders at a fixed rate of $0.10 per share. The Plan aims
to provide shareholders with consistent quarterly distributions derived from
ordinary income and short-term capital gains generated by the Fund’s investment
portfolio. Additionally, the Plan seeks to narrow the discount between the
market price and the net asset value (“NAV”) of the Fund’s common shares,
although success in this regard cannot be guaranteed.
In the event that sufficient distributable
income is not available on a quarterly basis, the Fund will distribute
long-term capital gains and/or return of capital to maintain its managed
distribution rate. A return of capital may occur when some or all of the
invested capital is paid back to shareholders. It is important to note that a
return of capital distribution does not necessarily reflect the Fund’s
investment performance and should not be confused with “yield” or “income.”
Even if the Fund realizes capital gains in the current year, such gains may be
offset, in whole or in part, by the Fund’s capital loss carryovers from prior
years.
The Board may amend the terms of the Plan
or terminate the Plan at any time without prior notice to the Fund’s
shareholders. The amendment or termination of the Plan could have an adverse
effect on the market price of the Fund’s common shares. The Plan will be
subject to periodic review by the Board, including a yearly review of the fixed
rate to determine if an adjustment should be made.
For
further information on Templeton Dragon Fund, Inc. please visit our web site
at:
www.franklintempleton.com
Franklin Resources,
Inc. is a global investment management organization with subsidiaries operating
as Franklin Templeton and serving clients in over 150 countries. Franklin
Templeton’s mission is to help clients achieve better outcomes through
investment management expertise, wealth management and technology solutions.
Through its specialist investment managers, the company offers specialization
on a global scale, bringing extensive capabilities in fixed income, equity,
alternatives and multi-asset solutions. With more than 1,500 investment
professionals, and offices in major financial markets around the world, the
California-based company has over 75 years of investment experience and $1.64
trillion in assets under management as of August 31, 2025. For more
information, please visit franklintempleton.com.
TEMPLETON
DRAGON FUND, INC.
Fort
Lauderdale, FL 33301
For
more information, please contact Franklin Templeton at 1-800-342-5236.
TEMPLETON
DRAGON FUND, INC. (“TDF”)
ANNOUNCES
NOTIFICATION OF SOURCES OF DISTRIBUTIONS
Fort
Lauderdale, Florida, December 30, 2025. Templeton Dragon Fund [NYSE: TDF]:
The Fund’s
estimated sources of the distribution to be paid on December 31, 2025, and for
the fiscal year 2025 year-to-date are as follows:
Estimated Allocations for December
Quarterly Distribution:
Cumulative Estimated Allocations fiscal
year-to-date as of September 30, 2025, and for the fiscal year ending December
31, 2025:
Shareholders should not draw any conclusions about the Fund’s investment
performance from the amount of this distribution or from the terms of the
Plan. TDF estimates that it has distributed more than its income and net
realized capital gains; therefore, a portion of the TDF distribution to
shareholders may be a return of capital. A return of capital may occur, for
example, when some or all of the money that a shareholder invested in a Fund is
paid back to them. A return of capital distribution does not necessarily
reflect TDF’s investment performance and should not be confused with ‘yield’ or
‘income’. The amounts and sources of distributions reported herein are only
estimates and are not being provided for tax reporting purposes. The actual
amounts and sources of the amounts for tax reporting purposes will depend upon
the Fund’s investment experience during the remainder of its fiscal year and
may be subject to changes based on tax regulations. The Fund will send a Form
1099-DIV to shareholders for the calendar year that will describe how to report
the Fund’s distributions for federal income tax purposes.
Average
Annual Total Return (in relation to the change in net asset value (NAV) for
the 5-year period ended on 11/30/2025)1 |
Annualized
Distribution Rate (as a percentage of NAV for the current fiscal period
through 11/30/2025)2 |
Cumulative
Total Return (in relation to the change in NAV for the fiscal period through 11/30/2025)3 |
Cumulative
Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 11/30/2025)4 |
|
|
|
|
|
Fund Performance
and Distribution Rate Information:
Average
Annual Total Return in relation to NAV represents the compound average of the
Annual NAV Total Returns of the Fund for the five-year period ended through November
30, 2025. Annual NAV Total Return is the percentage change in the Fund’s NAV
over a year, assuming reinvestment of distributions
paid.
The
Annualized Distribution Rate is the current fiscal period’s distribution rate
annualized as a percentage of the Fund’s NAV through November 30, 2025.
Cumulative
Total Return is the percentage change in the Fund’s NAV from December 31, 2024
through November 30, 2025, assuming reinvestment of distributions
paid.
The
Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of
distributions for the fiscal period December 31, 2024 through November 30, 2025,
as a percentage of the Fund’s NAV as of November 30, 2025.
The Fund’s Board of Trustees (the “Board”)
has authorized a Managed Distribution Plan (the “Plan”), under which the Fund
will make quarterly distributions to shareholders at a fixed rate of $0.10 per
share. The Plan aims to provide shareholders with consistent quarterly
distributions derived from ordinary income and short-term capital gains
generated by the Fund’s investment portfolio. Additionally, the Plan seeks to
narrow the discount between the market price and the net asset value (“NAV”) of
the Fund’s common shares, although success in this regard cannot be guaranteed.
In the event that sufficient distributable
income is not available on a quarterly basis, the Fund will distribute
long-term capital gains and/or return of capital to maintain its managed
distribution rate. A return of capital may occur when some or all of the
invested capital is paid back to shareholders. It is important to note that a
return of capital distribution does not necessarily reflect the Fund’s
investment performance and should not be confused with “yield” or “income.”
Even if the Fund realizes capital gains in the current year, such gains may be
offset, in whole or in part, by the Fund’s capital loss carryovers from prior
years.
The Board may amend the terms of the Plan
or terminate the Plan at any time without prior notice to the Fund’s
shareholders. The amendment or termination of the Plan could have an adverse
effect on the market price of the Fund’s common shares. The Plan will be
subject to periodic review by the Board, including a yearly review of the fixed
rate to determine if an adjustment should be made.
For
further information on Templeton Dragon Fund, Inc. please visit our web site
at:
www.franklintempleton.com
Franklin Resources, Inc. is a global investment management organization with
subsidiaries operating as Franklin Templeton and serving clients in over 150
countries. Franklin Templeton’s mission is to help clients achieve better
outcomes through investment management expertise, wealth management and
technology solutions. Through its specialist investment managers, the company
offers specialization on a global scale, bringing extensive capabilities in
fixed income, equity, alternatives and multi-asset solutions. With more than
1,500 investment professionals, and offices in major financial markets around
the world, the California-based company has over 75 years of investment
experience and $1.67 trillion in assets under management as of November 30,
2025. For more information, please visit franklintempleton.com.