Templeton Emerging Markets Equity Fund
Actively managed emerging-markets stock fund
As of its 2026 Q2 report, Templeton Emerging Markets Equity Fund held 105 positions with $2.75B in net assets. Its ten largest holdings made up 55.3% of the fund. The TEDMX share class costs 1.39% a year. Over the 12 months to May 2026, TEDMX returned 79.5%, with dividends reinvested. In 2026 Q2 it added 4 new positions and exited 3.
Long-term capital appreciation.
The fund invests at least 80% of its net assets in equity securities of developing and emerging market companies, selected through fundamental research focused on sustainable earnings power and valuation relative to intrinsic worth, with material consideration of environmental, social and governance factors and active engagement with portfolio companies. The fund applies specific ESG exclusions, including companies that violate UN Global Compact Principles, manufacture nuclear or controversial weapons, derive more than 25% of revenue from thermal coal extraction, or manufacture tobacco products. As a non-diversified fund, it invests a greater portion of assets in fewer issuers than a diversified fund, typically holding 50–90 securities, which concentrates the risk that performance depends on the success of a smaller number of holdings.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Taiwan Semiconductor Manufacturing Co. Ltd. | 14.43% | $397.33M | 5.0M | $78.89 |
SK Hynix, Inc. | 12.68% | $349.30M | 198.0K | $1,764.58 |
Samsung Electronics Co. Ltd. | 10.04% | $276.43M | 1.2M | $221.90 |
MediaTek, Inc. | 4.15% | $114.34M | 839.1K | $136.26 |
INFXXFranklin Institutional U.S. Government Money Market Fund | 3.53% | $97.21M | — | — |
Prosus NV | 2.34% | $64.47M | 1.5M | $43.45 |
BYD Co. Ltd. | 2.16% | $59.50M | 6.4M | $9.27 |
ICICI Bank Ltd. | 2.04% | $56.16M | 3.8M | $14.60 |
Hon Hai Precision Industry Co. Ltd. | 1.96% | $54.08M | 6.8M | $7.98 |
Zhen Ding Technology Holding Ltd. | 1.94% | $53.43M | 2.7M | $20.14 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 105 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 96.55% |
| Cash & short-term | 3.82% |
How it has done
TEDMX share class · total returns with dividends reinvested
Volatility over the last 12 months: 26.25%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 5 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.39% | +79.46% | +132.70% | +64.95% | -12.41% | |
| 2.14% | +78.14% | +127.48% | +58.82% | -12.57% | |
| 1.14% | +79.90% | +134.43% | +67.01% | -12.33% | |
| 1.64% | +78.98% | +130.89% | +62.89% | -12.45% | |
| 1.01% | +80.10% | +135.37% | +68.08% | -12.35% |
These classes hold the same portfolio, so the 9.26pp spread over 5 years is the cost difference between them — roughly 1.85pp a year — not a difference in what they own.
Fees & fund details
Templeton Emerging Markets Equity Fund is an actively managed emerging-markets equity fund.
- Asset class
- Equity
- Region
- Emerging markets
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
- Expense ratio, by class
- 1.01% – 2.14%· TEDMX 1.39%
- Portfolio turnover
- 19.14% a year · as of 2026 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
4 new
3 exited
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