{"id":43267,"date":"2026-07-23T17:00:00","date_gmt":"2026-07-23T15:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=3b29396ed4269074ed815c3da88cae51"},"modified":"2026-07-23T17:00:00","modified_gmt":"2026-07-23T15:00:00","slug":"franklin-templeton-closed-end-funds-announce-share-repurchases-for-the-second-quarter-of-2026","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=43267","title":{"rendered":"Franklin Templeton Closed-End Funds Announce Share Repurchases for the Second Quarter of 2026"},"content":{"rendered":"<p>NEW YORK--(BUSINESS WIRE)--The following Funds announced today their share repurchase activity during the second quarter of 2026.<\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwvertalignm bwalignl bwwidth10\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\n<b>Ticker<\/b><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwvertalignm bwalignl bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\n<b>Fund Name<\/b><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwalignc bwwidth25 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Shares Repurchased (4\/1\/26 - 6\/30\/26)<\/b><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwalignc bwwidth25 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Shares Repurchased Since Inception of Each Fund\u2019s Repurchase Program<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth10\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nTDF<\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nTempleton Dragon Fund, Inc.<\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwalignc bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n92,000<\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwalignc bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n9,612,616<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth10\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEMF<\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nTempleton Emerging Markets Fund<\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwalignc bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n5,500<\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwalignc bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n3,160,871<\/p><\/td><\/tr>\n<\/table><p>\nThe Fund seeks to enhance shareholder value by repurchasing their common shares when trading at a discount to the Fund\u2019s net asset value (\u201cNAV\u201d) per share. All repurchased shares are canceled and the difference between the purchase price and NAV results in incremental accretion to the Fund\u2019s NAV for all common shareholders.<\/p><p>\nThe Fund\u2019s Board of Directors\/Trustees has authorized the Fund to repurchase shares when it is trading at a discount to NAV. The Fund's repurchase activity will be disclosed in its shareholder report for the relevant fiscal period.<\/p><p>\n<b>About Franklin Templeton<\/b><\/p><p>\nFranklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton.<\/p><p>\nFor more information about the Funds, please call 1-888-777-0102 or consult the Funds\u2019 website at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.franklintempleton.com%2Finvestments%2Foptions%2Fclosed-end-funds&amp;esheet=54575593&amp;newsitemid=20260723188724&amp;lan=en-US&amp;anchor=www.franklintempleton.com%2Finvestments%2Foptions%2Fclosed-end-funds&amp;index=1&amp;md5=650414273452fc830317a785a449779f\" rel=\"nofollow\" shape=\"rect\">www.franklintempleton.com\/investments\/options\/closed-end-funds<\/a>. Hard copies of the Funds\u2019 complete audited financial statements are available free of charge upon request.<\/p><p>\nData and commentary provided in this press release are for informational purposes only.<\/p><p>\nThe Funds\u2019 shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor\u2019s risk of loss. All investments are subject to risk, including the risk of loss.<\/p><p>\nThis press release contains \"forward-looking statements\" as defined under the U.S. federal securities laws. Generally, the words \"believe,\" \"expect,\" \"intend,\" \"estimate,\" \"anticipate,\" \"project,\" \"will,\" and similar expressions identify forward looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual future results to differ significantly from each Fund\u2019s present expectations or projections indicated in any forward-looking statements. These risks include, but are not limited to, changes in economic and political conditions; regulatory and legal changes; leverage risk; valuation risk; interest rate risk; tax risk; disruption to investment advisory, administration and other service arrangements; and other risks discussed in the Fund\u2019s filings with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Fund undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Fund\u2019s investment objectives will be attained.<\/p><p>\nINVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE<\/p><p>\nCategory: Corporate Action<\/p><p>\nSource: Franklin Resources, Inc.<\/p><p>\nSource: Legg Mason Closed End Funds<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<b>Investor Contact: Fund Investor Services 1-888-777-0102<\/b><\/p><p>\nMedia Contact: Fund Investor Services-1-888-777-0102<\/p>","protected":false},"excerpt":{"rendered":"<p>NEW YORK&#8211;(BUSINESS WIRE)&#8211;The following Funds announced today their share repurchase activity during the second quarter of 2026.<\/p>\n<p>Ticker<br \/>\nFund Name<br \/>\nShares Repurchased (4\/1\/26 &#8211; 6\/30\/26)<br \/>\nShares Repurchased Since Inception of Each Fund\u2019s Repurchase Prog&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-43267","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/43267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43267"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/43267\/revisions"}],"predecessor-version":[{"id":43268,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/43267\/revisions\/43268"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}