Lazard Asset Management LLC Decreases Stock Position in Templeton Dragon Fund, Inc. $TDF

Posted by Brenda Bartman on Jul 29th, 2026

Lazard Asset Management LLC decreased its position in Templeton Dragon Fund, Inc. (NYSE:TDF – Free Report) by 35.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,841,353 shares of the financial services provider’s stock after selling 994,255 shares during the quarter. Lazard Asset Management LLC owned 0.07% of Templeton Dragon Fund worth $19,537,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its stake in shares of Templeton Dragon Fund by 14.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,942,433 shares of the financial services provider’s stock valued at $20,609,000 after purchasing an additional 238,581 shares during the period. Public Employees Retirement System of Ohio boosted its stake in shares of Templeton Dragon Fund by 4.9% in the fourth quarter. Public Employees Retirement System of Ohio now owns 1,533,862 shares of the financial services provider’s stock valued at $17,271,000 after purchasing an additional 72,188 shares during the period. Uncommon Cents Investing LLC grew its holdings in Templeton Dragon Fund by 1.0% during the 4th quarter. Uncommon Cents Investing LLC now owns 535,375 shares of the financial services provider’s stock valued at $6,028,000 after purchasing an additional 5,465 shares in the last quarter. 180 Wealth Advisors LLC grew its holdings in Templeton Dragon Fund by 5.1% during the 1st quarter. 180 Wealth Advisors LLC now owns 312,661 shares of the financial services provider’s stock valued at $3,317,000 after purchasing an additional 15,084 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in Templeton Dragon Fund by 1.2% during the 3rd quarter. Bank of America Corp DE now owns 251,503 shares of the financial services provider’s stock valued at $2,930,000 after purchasing an additional 3,083 shares in the last quarter. Institutional investors and hedge funds own 47.20% of the company’s stock.

Templeton Dragon Fund Stock Down 1.3%

Templeton Dragon Fund stock opened at $10.59 on Wednesday. Templeton Dragon Fund, Inc. has a 12-month low of $10.02 and a 12-month high of $12.20. The firm’s fifty day moving average price is $10.84 and its 200 day moving average price is $11.16.

Templeton Dragon Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a dividend of $0.15 per share. This is a boost from Templeton Dragon Fund’s previous quarterly dividend of $0.10. This represents a $0.60 annualized dividend and a dividend yield of 5.7%. The ex-dividend date was Tuesday, June 23rd.

Templeton Dragon Fund Company Profile

(Free Report)

Templeton Dragon Fund (NYSE:TDF) is a closed-end investment company managed by Franklin Templeton Investment Funds. Established in March 1987, the fund was one of the earliest U.S.-listed vehicles dedicated to providing exposure to the Greater China equity markets. Over its long operating history, Templeton Dragon Fund has sought to capture growth opportunities in a region undergoing rapid economic transformation.

The fund’s primary investment objective is long-term capital appreciation through a diversified portfolio of common stocks, depositary receipts and other equity-related securities of companies domiciled in, or deriving significant revenue from, Mainland China, Hong Kong and Taiwan.