Templeton Emerging Markets Fund [NYSE: EMF] (“EMF” or the “Fund”) today announced initiatives of the Fund’s Board of Trustees (“Board”) designed to reduce the Fund’s discount to net asset value (“NAV”) and benefit shareholders. These initiatives include a management fee reduction, a managed distribution plan and a share repurchase program.
Templeton Emerging Markets Fund, Inc. (NYSEEMF) today announced a total distribution of $0.5114, compromised of net investment income of $0.1491 per share, short-term capital gains of $0.0401 per share and long-term capital gains of $0.3222 per share, payable on December 31, 2024, to shareholders of record on December 16, 2024 (Ex-Dividend Date: December 16, 2024).
President Biden’s historic $1.2 trillion infrastructure bill and healthy backlog for other construction-related activities including spec homes for homebuilders has continued to benefit many building products companies.
Templeton Emerging Markets Fund, Inc. (NYSEEMF) today announced a distribution from net investment income of $0.7270 per share, payable on December 29, 2023, to shareholders of record on December 18, 2023 (Ex-Dividend Date: December 15, 2023).
TEMPLETON EMERGING MARKETS FUND (NYSEEMF) (the “Fund”), a closed-end investment company managed by Templeton Asset Management Ltd. (“TAML”), announced today that its Board is committed to supporting the Fund and intends to repurchase shares in the open market when the Fund’s discount to net asset value exceeds -10%, subject to TAML’s discretion and market conditions.
Templeton Emerging Markets Fund, Inc. (NYSEEMF) today announced a total distribution of $1.1293, comprised of net investment income of $0.4054 per share, short-term capital gains of $0.3018 per share and long-term capital gains of $0.4221 per share, payable on December 30, 2022, to shareholders of record on December 19, 2022 (Ex-Dividend Date: December 16, 2022).
TEMPLETON EMERGING MARKETS FUND (NYSEEMF) (“EMF” or the “Fund”) today announced a management fee reduction, which will become effective on April 1, 2022. The Fund’s investment management fee reduction, as described below, was approved by the board of trustees on February 28, 2022. Management believes that the reduced management fee will benefit shareholders.
Templeton Emerging Markets Fund, Inc. (NYSEEMF) today announced a total distribution of $1.1097, comprised of net investment income of $0.4051 per share, short-term capital gains of $0.3483 per share and long-term capital gains of $0.3563 per share, payable on December 31, 2021, to shareholders of record on December 15, 2021 (Ex-Dividend Date: December 14, 2021).
