Templeton Dragon Fund (NYSE:TDF) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Posted by George Bondi on Aug 7th, 2026

Templeton Dragon Fund, Inc. (NYSE:TDF – Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.80 and traded as high as $11.05. Templeton Dragon Fund shares last traded at $10.90, with a volume of 25,897 shares.

Templeton Dragon Fund Price Performance

The company’s fifty day moving average is $10.79 and its 200 day moving average is $11.12.

Templeton Dragon Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This is an increase from Templeton Dragon Fund’s previous quarterly dividend of $0.10. This represents a $0.60 annualized dividend and a dividend yield of 5.4%.

Hedge Funds Weigh In On Templeton Dragon Fund

Several hedge funds and other institutional investors have recently made changes to their positions in TDF. Allspring Global Investments Holdings LLC boosted its stake in shares of Templeton Dragon Fund by 14.0% in 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 increased its stake in Templeton Dragon Fund by 4.9% during the 4th quarter. Public Employees Retirement System of Ohio now owns 1,533,862 shares of the financial services provider’s stock worth $17,271,000 after buying an additional 72,188 shares during the period. Wolverine Asset Management LLC acquired a new position in Templeton Dragon Fund in the 4th quarter worth $694,000. 1607 Capital Partners LLC lifted its holdings in Templeton Dragon Fund by 50.9% in the 4th quarter. 1607 Capital Partners LLC now owns 163,411 shares of the financial services provider’s stock worth $1,840,000 after buying an additional 55,093 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its holdings in Templeton Dragon Fund by 1.5% in the 4th quarter. Lazard Asset Management LLC now owns 2,835,608 shares of the financial services provider’s stock worth $31,929,000 after buying an additional 41,989 shares in the last quarter. Institutional investors and hedge funds own 47.20% of the company’s stock.

About Templeton Dragon Fund

(Get 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.