Templeton Dragon Fund, Inc. Announces Distribution from Long Term Capital Gains, Payable on December 31, 2020
December 02, 2020 at 05:26 am IST
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Templeton Dragon Fund, Inc. announced a distribution from long-term capital gains of $3.1975 per share, payable on December 31, 2020, to shareholders of record on December 15, 2020 and Ex-Dividend Date is on December 14, 2020.
Templeton Dragon Fund, Inc. is a closed-end management investment company. The Fund seeks long-term capital appreciation by investing at least 45% of its total assets in equity securities of China companies. The Fund may invest in companies listed on exchanges in mainland China, Hong Kong, Taiwan, or elsewhere. It invests in various sectors, including air freight and logistics; automobiles; banks; beverages; biotechnology; capital markets; chemicals; construction materials; containers and packaging; electrical equipment; instruments and components; entertainment; food and staples retailing; food products; health care equipment and supplies; health care providers and services; hotels, restaurants and leisure; insurance; interactive media and services; Internet and direct marketing retail; information technology (IT) services; life science tools and services; machinery; media; metals and mining; pharmaceuticals, and others. The Fund's investment manager is Templeton Asset Management Ltd.