Templeton Developing Markets Trust Class C (TDMTX)
Templeton Developing Markets Trust Class C operates in the Asset Management industry of the Financial Services sector, headquartered in Fort Lauderdale, FL, US. The stock last traded at $33.59, up 0.12% on the session, giving a market capitalisation of $2.76B. Its beta of 1.22 implies it has historically moved more than the broad market.
The primary objective of this investment vehicle is to achieve significant capital growth over the long term. It allocates at least 80% of its total assets to securities from companies that are either headquartered in or conduct substantial business within "developing market countries." The portfolio predominantly comprises equity instruments, specifically common and preferred shares, issued by these emerging market enterprises. The fund maintains flexibility concerning company size, investing in firms across the entire capitalization spectrum, encompassing small, mid, and large-cap entities. Additionally, it may hold American, Global, and European Depositary Receipts (ADRs, GDRs, and EDRs). It's important to note that this fund is classified as non-diversified.
Templeton Developing Markets Trust Class C is most often compared with the following Financial Services names: