Templeton Dragon Fund
Sponsor: Franklin Templeton · Inception Sep 21, 1994 · Pays quarterly
Market priceShare price
$9.51
+0.32% (+$0.03)
NAVAsset value per share
$11.58
as of Oct 13, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
17.88% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
6.31%
regular, annualised · on NAV 5.18%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 15, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 15, 2026, 5:46 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jun 30, 2026, filed Aug 27, 2026. 60 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Top 10 holdings
| # | Security | Type | Country | Weight | Value (USD) |
|---|---|---|---|---|---|
| 1 | Tencent Holdings Ltd. | Equity | Cayman Islands | 8.10% | $26.4M |
| 2 | GigaDevice Semiconductor, Inc. | Equity | China | 6.82% | $22.2M |
| 3 | WUS Printed Circuit Kunshan Co. Ltd. | Equity | China | 6.54% | $21.3M |
| 4 | Zhongji Innolight Co. Ltd. | Equity | China | 6.13% | $20M |
| 5 | Alibaba Group Holding Ltd. | Equity | Cayman Islands | 5.81% | $18.9M |
| 6 | Franklin Institutional U.S. Government Money Market Fund | Short-term inv. | United States | 4.27% | $13.9M |
| 7 | Contemporary Amperex Technology Co. Ltd. | Equity | China | 3.67% | $12M |
| 8 | Zijin Gold International Co. Ltd. | Equity | Hong Kong | 3.00% | $9.8M |
| 9 | China Construction Bank Corp. | Equity | China | 2.89% | $9.4M |
| 10 | ACM Research, Inc. | Equity | United States | 2.75% | $9M |
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Equity (common) | 95.02% | $310M |
| Short-term investment vehicle | 4.98% | $16.2M |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| United States | 7.66% | $25M |
| China | 54.62% | $178M |
| Cayman Islands | 32.93% | $107M |
| Hong Kong | 3.00% | $9.8M |
| United Kingdom | 1.51% | $4.9M |
| Jersey | 0.27% | $883K |
Region
| Region | % net assets | Value |
|---|---|---|
| United States | 7.66% | $25M |
| Asia ex-Japan | 57.63% | $188M |
| Offshore domiciles | 32.93% | $107M |
| Developed Europe | 1.78% | $5.8M |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Corporate | 95.02% | $310M |
| Registered fund | 4.91% | $16M |
| Other | 0.07% | $229K |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 84.29% | $275M |
| Level 1 | 15.69% | $51.2M |
| Level 3 | 0.03% | $87.4K |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 100.00% | $326M |
| Short | 0.00% | $-0 |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 60 positions
| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| Tencent Holdings Ltd. | KYG875721634 | Equity | CORP | Cayman Islands | 478,491 | shares | $26.4M | 8.10% | 2 |
| GigaDevice Semiconductor, Inc. | CNE1000030S9 | Equity | CORP | China | 182,601 | shares | $22.2M | 6.82% | 2 |
| WUS Printed Circuit Kunshan Co. Ltd. | CNE100000SP5 | Equity | CORP | China | 938,440 | shares | $21.3M | 6.54% | 2 |
| Zhongji Innolight Co. Ltd. | CNE100001CY9 | Equity | CORP | China | 105,000 | shares | $20M | 6.13% | 2 |
| Alibaba Group Holding Ltd. | KYG017191142 | Equity | CORP | Cayman Islands | 1,580,652 | shares | $18.9M | 5.81% | 2 |
| Franklin Institutional U.S. Government Money Market Fund | 457756500 | Short-term inv. | RF | United States | 13,930,802 | shares | $13.9M | 4.27% | 1 |
| Contemporary Amperex Technology Co. Ltd. | CNE100003662 | Equity | CORP | China | 205,800 | shares | $12M | 3.67% | 2 |
| Zijin Gold International Co. Ltd. | HK0001200002 | Equity | CORP | Hong Kong | 856,874 | shares | $9.8M | 3.00% | 2 |
| China Construction Bank Corp. | CNE1000002H1 | Equity | CORP | China | 9,140,544 | shares | $9.4M | 2.89% | 2 |
| ACM Research, Inc. | 00108J109 | Equity | CORP | United States | 70,732 | shares | $9M | 2.75% | 1 |
| Ping An Insurance Group Co. of China Ltd. | CNE1000003X6 | Equity | CORP | China | 1,276,582 | shares | $8.3M | 2.56% | 2 |
| Advanced Micro-Fabrication Equipment, Inc. China | CNE100003MM9 | Equity | CORP | China | 117,858 | shares | $8.2M | 2.51% | 2 |
| CMOC Group Ltd. | CNE100000114 | Equity | CORP | China | 3,771,386 | shares | $7.4M | 2.26% | 2 |
| Sieyuan Electric Co. Ltd. | CNE000001KM8 | Equity | CORP | China | 270,500 | shares | $6.9M | 2.12% | 2 |
| Wasion Holdings Ltd. | KYG9463P1081 | Equity | CORP | Cayman Islands | 2,608,000 | shares | $6.6M | 2.04% | 2 |
| Baidu, Inc. | KYG070341048 | Equity | CORP | Cayman Islands | 430,900 | shares | $6.2M | 1.89% | 2 |
| JOYY, Inc. | 46591M109 | Equity | CORP | Cayman Islands | 88,130 | shares | $5.8M | 1.78% | 1 |
| NetEase, Inc. | KYG6427A1022 | Equity | CORP | Cayman Islands | 210,098 | shares | $5.4M | 1.65% | 2 |
| Harbin Electric Co. Ltd. | CNE1000003C0 | Equity | CORP | China | 2,715,153 | shares | $5.4M | 1.64% | 2 |
| Muyuan Foods Group Co. Ltd. | CNE100007CV2 | Equity | CORP | China | 1,435,244 | shares | $5.3M | 1.63% | 1 |
| China Merchants Bank Co. Ltd. | CNE1000002M1 | Equity | CORP | China | 920,570 | shares | $5.3M | 1.62% | 2 |
| HSBC Holdings plc | GB0005405286 | Equity | CORP | United Kingdom | 259,200 | shares | $4.9M | 1.51% | 2 |
| Innovent Biologics, Inc. | KYG4818G1010 | Equity | CORP | Cayman Islands | 452,519 | shares | $4.6M | 1.41% | 2 |
| GigaCloud Technology, Inc. | KYG386441037 | Equity | CORP | Cayman Islands | 143,886 | shares | $4.5M | 1.39% | 1 |
| GigaDevice Semiconductor, Inc. | CNE100007DJ5 | Equity | CORP | China | 26,700 | shares | $4.1M | 1.26% | 2 |
| Kweichow Moutai Co. Ltd. | CNE0000018R8 | Equity | CORP | China | 23,400 | shares | $4.1M | 1.25% | 2 |
| PICC Property & Casualty Co. Ltd. | CNE100000593 | Equity | CORP | China | 2,178,524 | shares | $4M | 1.23% | 2 |
| Sichuan Biokin Pharmaceutical Co. Ltd. | CNE100006FN4 | Equity | CORP | China | 82,523 | shares | $3.6M | 1.10% | 2 |
| Geely Automobile Holdings Ltd. | KYG3777B1032 | Equity | CORP | Cayman Islands | 1,663,065 | shares | $3.6M | 1.10% | 1 |
| Full Truck Alliance Co. Ltd. | 35969L108 | Equity | CORP | Cayman Islands | 410,773 | shares | $3.3M | 1.02% | 1 |
| Industrial & Commercial Bank of China Ltd. | CNE1000003G1 | Equity | CORP | China | 4,018,000 | shares | $3.3M | 1.01% | 2 |
| Luxshare Precision Industry Co. Ltd. | CNE100000TP3 | Equity | CORP | China | 315,031 | shares | $3.3M | 1.01% | 2 |
| Pop Mart International Group Ltd. | KYG7170M1033 | Equity | CORP | Cayman Islands | 165,981 | shares | $3.3M | 1.01% | 2 |
| Jiangsu Hengrui Pharmaceuticals Co. Ltd. | CNE0000014W7 | Equity | CORP | China | 407,360 | shares | $3.1M | 0.96% | 2 |
| Hesai Group | KYG4417G1064 | Equity | CORP | Cayman Islands | 174,020 | shares | $3.1M | 0.95% | 2 |
| New Oriental Education & Technology Group, Inc. | KYG6470A1168 | Equity | CORP | Cayman Islands | 672,311 | shares | $3.1M | 0.95% | 2 |
| Midea Group Co. Ltd. | CNE100001QQ5 | Equity | CORP | China | 273,500 | shares | $3M | 0.93% | 2 |
| Guangzhou Tinci Materials Technology Co. Ltd. | CNE100001RG4 | Equity | CORP | China | 381,100 | shares | $2.9M | 0.89% | 2 |
| Sunresin New Materials Co. Ltd. | CNE100002136 | Equity | CORP | China | 255,525 | shares | $2.2M | 0.68% | 2 |
| Luckin Coffee, Inc. | 54951L109 | Equity | CORP | Cayman Islands | 76,168 | shares | $2.1M | 0.65% | 1 |
| Shenzhen Edge Medical Co. Ltd. | CNE1000062R4 | Equity | CORP | China | 428,500 | shares | $2.1M | 0.64% | 2 |
| Franklin Institutional U.S. Government Money Market Fund | — | Short-term inv. | RF | United States | 2,083,834 | shares | $2.1M | 0.64% | 1 |
| Nanjing Leads Biolabs Co. Ltd. | CNE1000070H8 | Equity | CORP | China | 329,085 | shares | $2.1M | 0.64% | 2 |
| Shenzhen New Industries Biomedical Engineering Co. Ltd. | CNE100003T39 | Equity | CORP | China | 318,802 | shares | $2M | 0.61% | 2 |
| Yunnan Jinxun Resources Co. Ltd. | CNE100007DK3 | Equity | CORP | China | 943,200 | shares | $1.9M | 0.57% | 2 |
| Trip.com Group Ltd. | KYG9066F1019 | Equity | CORP | Cayman Islands | 46,180 | shares | $1.8M | 0.56% | 2 |
| Anker Innovations Technology Co. Ltd. | CNE100007QJ7 | Equity | CORP | China | 138,273 | shares | $1.8M | 0.54% | 2 |
| Chuangxin Industries Holdings Ltd. | KYG2137R1056 | Equity | CORP | Cayman Islands | 881,000 | shares | $1.6M | 0.48% | 2 |
| PetroChina Co. Ltd. | CNE1000003W8 | Equity | CORP | China | 1,388,000 | shares | $1.5M | 0.46% | 2 |
| China East Education Holdings Ltd. | KYG2120T1004 | Equity | CORP | Cayman Islands | 3,109,500 | shares | $1.5M | 0.45% | 2 |
| CGN Mining Co. Ltd. | KYG2029E1052 | Equity | CORP | Cayman Islands | 4,600,000 | shares | $1.4M | 0.44% | 2 |
| KE Holdings, Inc. | 482497104 | Equity | CORP | Cayman Islands | 86,022 | shares | $1.2M | 0.38% | 1 |
| Yantai China Pet Foods Co. Ltd. | CNE1000032L0 | Equity | CORP | China | 299,000 | shares | $1.2M | 0.36% | 2 |
| JD.com, Inc. | KYG8208B1014 | Equity | CORP | Cayman Islands | 88,493 | shares | $1.1M | 0.35% | 2 |
| West China Cement Ltd. | JE00B3MW7P88 | Equity | CORP | Jersey | 5,000,000 | shares | $883K | 0.27% | 2 |
| Kuaishou Technology | KYG532631028 | Equity | CORP | Cayman Islands | 160,697 | shares | $861K | 0.26% | 2 |
| Antengene Corp. Ltd. | KYG039571008 | Equity | CORP | Cayman Islands | 1,900,000 | shares | $857K | 0.26% | 2 |
| Yuan Renminbi | — | Short-term inv. | OTHER | China | 1,553,697 | OU | $229K | 0.07% | 1 |
| Kangmei Pharmaceutical Co. Ltd. | — | Equity | CORP | China | 592,998 | shares | $87.4K | 0.03% | 3 |
| Hong Kong Dollarshort | — | Short-term inv. | OTHER | Hong Kong | -0 | OU | $-0 | 0.00% | 1 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jun 30, 2026 | Aug 27, 2026 | 60 | 100.0% | $326M | full |
| Mar 31, 2026 | May 27, 2026 | 61 | 100.0% | $307M | full |
| Dec 31, 2025 | Feb 25, 2026 | 67 | 100.0% | $326M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for Templeton Dragon Fund Inc. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.