Templeton Developing Markets Trust Class C
TDMTX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 300 S.e. 300 2nd Street Fort Lauderdale FL United States of America 33301-1923
- IPO Date
- Apr 28, 1995
- CIK
- 0000878087
- Website
- franklintempleton.com
- Similar Companies
- Business
- Templeton Developing Markets Trust (Class C: TDMTX) is a mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities of issuers located in developing or emerging market countries, including common stocks, preferred stocks, and depositary receipts; it also permits up to 20% in other securities such as cash equivalents, debt obligations, and derivatives for hedging or efficient portfolio management. The fund emphasizes a blend investment style with exposure to sectors including semiconductors and semiconductor equipment (21.63%), banks (16.61%), technology hardware and equipment (8.49%), consumer discretionary distribution and retail (7.91%), and capital goods (7.38%), targeting companies across diverse market capitalizations with a weighted average market cap of $260.77 billion as of November 30, 2025. It operates globally with significant allocations to countries such as China (underweight), South Korea (overweight), Taiwan, India, Brazil, and Mexico, benchmarking performance against the MSCI Emerging Markets Index-NR, and maintains a portfolio of 88 issuers with low turnover of approximately 18%. Founded on October 16, 1991, and managed by Franklin Templeton-affiliated entities including Templeton Global Advisors Limited in the Bahamas, the fund is headquartered in San Mateo, California, as part of the broader Franklin Resources, Inc. group with global offices in locations such as Hong Kong, Singapore, Mumbai, Shanghai, Buenos Aires, Bucharest, Cape Town, and Dubai to support emerging markets research and execution. Class C shares (TDMTX), launched May 1, 1995, feature a 1% contingent deferred sales charge on redemptions within 12 months, net expense ratio of 2.14%, and annual distributions typically in October or December; related share classes include Advisor (TDADX), A (TEDMX), R (TDMRX), and R6 (FDEVX). In recent periods through 2025, the fund has navigated heightened geopolitical tensions, including U.S. tariff uncertainties and Middle East conflicts, with stock selection in South Korea contributing positively while off-benchmark U.S. exposure and selections in Hong Kong and Taiwan detracted in Q2 2025; it outperformed the benchmark in Q1 2025 amid rising emerging market equities. No major acquisitions, funding rounds, partnerships, or structural reorganizations have been reported for the fund in 2024-2025; portfolio adjustments reflect ongoing bottom-up stock picking to capitalize on country-specific dynamics, maintaining total net assets of approximately $1.83 billion as of late 2025. Morningstar rates the fund 3 stars overall in the Diversified Emerging Markets category, reflecting risk-adjusted returns versus peers.