On February 26, 2025, Templeton Emerging Markets Fund and Templeton Dragon Fund, Inc. announced new initiatives from their respective Boards of Trustees and Directors. These initiatives are designed to reduce the funds' discount to net asset value (NAV) and benefit shareholders.
The announced measures include a management fee reduction, the implementation of a managed distribution plan, and a share repurchase program. These actions are proactive steps aimed at enhancing shareholder value and improving the market perception of these specific funds.
By addressing the discount to NAV, Franklin Templeton is working to align the market price of these funds more closely with their underlying asset value. This strategy is intended to make the funds more attractive to investors and improve their overall performance metrics.
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