Templeton Emerging Markets Equity Fund

Templeton Developing Markets Trust · 5 share classes

Actively managed emerging-markets equity fund
One fund, 5 share classes:TEDMXTDMTXTDADXTDMRXFDEVX
$2.75B NAV
105 positions · as of 2026-06-30 · filed 2026-08-27

Fund classification

Classified from what the fund holds · as of 2026 Q2

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

Fund profile

As filed in the prospectus · 2026 Q2

Long-term capital appreciation.

Strategy · summarised

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.

Expenses
1.01% 2.14%across 5 share classes
Share classGrossNet
TEDMX1.52%1.39%
TDMTX2.27%2.14%
TDADX1.27%1.14%
TDMRX1.77%1.64%
FDEVX1.13%1.01%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 19.14% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.37%
of net assets
Stocks96.55%
Cash & short-term3.82%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 4 new3 exited

New: Henan Pinggao Electric Co. Ltd., FIT Hon Teng Ltd., Innovent Biologics, Inc., Weichai Power Co. Ltd.

Exited: Hypera SA, Hankook Tire & Technology Co. Ltd., HDB Financial Services Ltd.

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+64.71%+102.00%+44.53%24.25%-12.41%
+63.50%+97.59%+39.23%24.31%-12.57%
+65.16%+103.58%+46.36%24.31%-12.33%
+64.28%+100.59%+42.78%24.27%-12.45%
+65.33%+104.37%+47.29%24.32%-12.35%

These classes hold the same portfolio, so the 8.06pp spread over 5 years is the cost difference between them — roughly 1.61pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Taiwan Semiconductor Manufacturing Co. Ltd.14.43%$397.33M
SK Hynix, Inc.12.68%$349.30M
Samsung Electronics Co. Ltd.10.04%$276.43M
MediaTek, Inc.4.15%$114.34M
Franklin Institutional U.S. Government Money Market FundINFXX3.53%$97.21M
Prosus NV2.34%$64.47M
BYD Co. Ltd.2.16%$59.50M
ICICI Bank Ltd.2.04%$56.16M
Hon Hai Precision Industry Co. Ltd.1.96%$54.08M
Zhen Ding Technology Holding Ltd.1.94%$53.43M
Showing 10 of 105Sign in to see more

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.

Top 10 positions are 55.28% of net assets, top 25 76.14%, across 102 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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