Templeton Dragon Fund, Inc. Declares Capital Gain Distribution Payable on December 30, 2016
December 01, 2016 at 11:31 am
Share
Templeton Dragon Fund, Inc. announced a total distribution of $0.1455 per share, comprised entirely of long-term capital gains, payable on December 30, 2016 to shareholders of record on December 15, 2016 (Ex-Dividend Date: December 13, 2016).
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.