0001752724-23-110214.txt : 20230522 0001752724-23-110214.hdr.sgml : 20230522 20230522140839 ACCESSION NUMBER: 0001752724-23-110214 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230522 DATE AS OF CHANGE: 20230522 PERIOD START: 20231231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEMPLETON DRAGON FUND INC CENTRAL INDEX KEY: 0000919893 IRS NUMBER: 650473580 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08394 FILM NUMBER: 23943876 BUSINESS ADDRESS: STREET 1: 300 S.E. 2ND STREET CITY: FORT LAUDERDALE STATE: FL ZIP: 33301-1923 BUSINESS PHONE: 9545277500 MAIL ADDRESS: STREET 1: 300 S.E. 2ND STREET CITY: FORT LAUDERDALE STATE: FL ZIP: 33301-1923 NPORT-P 1 primary_doc.xml NPORT-P false 0000919893 XXXXXXXX Templeton Dragon Fund, Inc. 811-08394 0000919893 549300L5KGV2K28LYW59 300 S.E. 2nd Street Fort Lauderdale 33301-1923 954-527-7500 Templeton Dragon Fund, Inc. 549300L5KGV2K28LYW59 2023-12-31 2023-03-31 N 419458816.65 2383842.39 417074974.26 0.00000000 197043142.87000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2080786.23000000 UST Laobaixing Pharmacy Chain JSC N/A Laobaixing Pharmacy Chain JSC, Class A N/A 703268.00000000 NS 3836580.58000000 0.919877915669 Long EC CORP CN N 2 N N N Postal Savings Bank of China Co. Ltd. 300300C1040311005298 Postal Savings Bank of China Co. Ltd., Class H N/A 3329649.00000000 NS 1974657.37000000 0.473453813311 Long EC CORP CN N 2 N N N Zhejiang Jiemei Electronic & Technology Co. Ltd. N/A Zhejiang Jiemei Electronic & Technology Co. Ltd., Class A N/A 1142600.00000000 NS 4766436.51000000 1.142824864631 Long EC CORP CN N 2 N N N China Resources Beer Holdings Co. Ltd. N/A China Resources Beer Holdings Co. Ltd. N/A 928706.00000000 NS 7460628.27000000 1.788797873388 Long EC CORP HK N 2 N N N Hundsun Technologies, Inc. 3003003LS77D1DRDDE25 Hundsun Technologies, Inc., Class A N/A 512921.00000000 NS 3976501.04000000 0.953425951066 Long EC CORP CN N 2 N N N Weichai Power Co. Ltd. 529900OKTPKBG85F9502 Weichai Power Co. Ltd., Class H N/A 2826261.00000000 NS 4535078.27000000 1.087353245791 Long EC CORP CN N 2 N N N Alibaba Group Holding Ltd. 5493001NTNQJDH60PM02 Alibaba Group Holding Ltd. N/A 2216738.00000000 NS 28075907.45000000 6.731621215061 Long EC CORP KY N 2 N N N Meituan 21380033K525E5JLIA77 Meituan Dianping, Class B N/A 677943.00000000 NS 12299309.91000000 2.948944594871 Long EC CORP KY N 2 N N N Mobvista, Inc. 655600AW50D7VN363G24 Mobvista, Inc. N/A 3098200.00000000 NS 1644527.76000000 0.394300272491 Long EC CORP KY N 2 N N BeiGene Ltd. 549300JFUK6FRD5MH739 BeiGene Ltd. N/A 112569.00000000 NS 1873667.89000000 0.449240066087 Long EC CORP KY N 2 N N N Luxshare Precision Industry Co. Ltd. 300300QLLDUELXN16530 Luxshare Precision Industry Co. Ltd., Class A N/A 1156638.00000000 NS 5111445.51000000 1.225545963065 Long EC CORP CN N 2 N N N Kuaishou Technology 300300FCDZBE6UP9ED24 Kuaishou Technology N/A 219488.00000000 NS 1687702.26000000 0.404652008429 Long EC CORP KY N 2 N N N JD.com, Inc. 549300HVTWB0GJZ16V92 JD.com, Inc., Class A N/A 513312.00000000 NS 11208710.79000000 2.687457047713 Long EC CORP KY N 2 N N N China Resources Land Ltd. 5299001HL0TU7X15HK51 China Resources Land Ltd. N/A 786375.00000000 NS 3580998.74000000 0.858598324282 Long EC CORP KY N 2 N N N Minth Group Ltd. 254900B2AH0G13K9G204 Minth Group Ltd. N/A 1586910.00000000 NS 4816508.96000000 1.154830487862 Long EC CORP KY N 2 N N N Beijing Oriental Yuhong Waterproof Technology Co. Ltd. 300300XMIXB7STDZWT60 Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A N/A 1777718.00000000 NS 8651035.98000000 2.074216031625 Long EC CORP CN N 2 N N N Innovent Biologics, Inc. 25490058ONL9SCIE1R22 Innovent Biologics, Inc. N/A 630172.00000000 NS 2826625.45000000 0.677725978408 Long EC CORP KY N 2 N N N WuXi AppTec Co. Ltd. 254900OEPQLZSPLN9175 WuXi AppTec Co. Ltd., Class H N/A 626008.00000000 NS 6556023.88000000 1.571905361052 Long EC CORP CN N 2 N N N HONGFA CB N/A Hongfa Technology Co. Ltd. N/A 3325000.00000000 PA 540984.13000000 0.129709084310 Long DBT CORP CN N 2 2027-10-27 Variable 0.00000000 N N N N N HONGFA CB HONGFA CB CNY XXXX N N N Baidu, Inc. 254900AL64IANZYI1E02 Baidu, Inc. 056752108 39881.00000000 NS USD 6018840.52000000 1.443107568532 Long EC CORP KY N 1 N N N China Merchants Bank Co. Ltd. 549300MKO5B60FFIHF58 China Merchants Bank Co. Ltd., Class A N/A 1573900.00000000 NS 7841526.10000000 1.880123858764 Long EC CORP CN N 2 N N N China Merchants Bank Co. Ltd. 549300MKO5B60FFIHF58 China Merchants Bank Co. Ltd., Class H N/A 2004448.00000000 NS 10178562.50000000 2.440463496535 Long EC CORP CN N 2 N N N Kangmei Pharmaceutical Co. Ltd. 3003006FRNBUUTVKBB50 Kangmei Pharmaceutical Co. Ltd. N/A 673786.03000000 NS 121612.74000000 0.029158484086 Long EC CORP CN Y 3 N N N Jiangsu Hengrui Pharmaceuticals Co. Ltd. N/A Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A N/A 303407.00000000 NS 1891093.81000000 0.453418192581 Long EC CORP CN N 2 N N N Hongfa Technology Co. Ltd. N/A Hongfa Technology Co. Ltd., Class A N/A 1594209.00000000 NS 7571366.28000000 1.815348977347 Long EC CORP CN N 2 N N N GDS Holdings Ltd. 391200MGV8DDCHTN2R77 GDS Holdings Ltd. 36165L108 158752.00000000 NS USD 2962312.32000000 0.710258946908 Long EC CORP KY N 1 N N Inner Mongolia Yili Industrial Group Co. Ltd. 3003002Q2A863JPQFH06 Inner Mongolia Yili Industrial Group Co. Ltd., Class A N/A 997300.00000000 NS 4220493.67000000 1.011926854994 Long EC CORP CN N 2 N N N WuXi AppTec Co. Ltd. 254900OEPQLZSPLN9175 WuXi AppTec Co. Ltd., Class A N/A 386480.00000000 NS 4470956.29000000 1.071979036366 Long EC CORP CN N 2 N N N CMOC Group Ltd. 2549008KG3638J59U652 CMOC Group Ltd., Class H N/A 6516000.00000000 NS 3944314.90000000 0.945708839759 Long EC CORP CN N 2 N N N Wuxi Biologics Cayman, Inc. 5493001TD2TH6VDTJU11 Wuxi Biologics Cayman, Inc. N/A 1340850.00000000 NS 8262213.69000000 1.980990037740 Long EC CORP KY N 2 N N N Tencent Holdings Ltd. 254900N4SLUMW4XUYY11 Tencent Holdings Ltd. N/A 828026.00000000 NS 40464812.88000000 9.702047683823 Long EC CORP KY N 2 N N N China Tourism Group Duty Free Corp. Ltd. N/A China Tourism Group Duty Free Corp. Ltd., Class A N/A 295300.00000000 NS 7888985.83000000 1.891503043067 Long EC CORP CN N 2 N N N PRIORITY FOR LONGI CB N/A LONGi Green Energy Technology Co. Ltd. N/A 980000.00000000 PA 165042.04000000 0.039571312158 Long DBT CORP CN N 2 2028-01-04 Floating 0.39999960 N N N N N PRIORITY FOR LONGI CB PRIORITY FOR LONGI CB CNY XXXX N N N Yum China Holdings, Inc. 529900DO9BYZ7VA3K502 Yum China Holdings, Inc. 98850P109 108078.00000000 NS USD 6851064.42000000 1.642645769422 Long EC CORP US N 1 N N N LONGi Green Energy Technology Co. Ltd. 300300NRGAITUP1EZ248 LONGi Green Energy Technology Co. Ltd., Class A N/A 1060892.00000000 NS 6245191.46000000 1.497378611862 Long EC CORP CN N 2 N N N NetEase, Inc. 5299004AF4DSJDB0PA32 NetEase, Inc. N/A 582379.00000000 NS 10280603.60000000 2.464929385475 Long EC CORP KY N 2 N N N Ping An Bank Co. Ltd. 549300W9MKNIVWXFM679 Ping An Bank Co. Ltd., Class A N/A 1494600.00000000 NS 2724661.92000000 0.653278688042 Long EC CORP CN N 2 N N N Hong Kong Exchanges & Clearing Ltd. 213800YTVSXYQN17BW16 Hong Kong Exchanges & Clearing Ltd. N/A 90257.00000000 NS 4000591.69000000 0.959202046849 Long EC CORP HK N 2 N N N Jinyu Bio-Technology Co. Ltd. N/A Jinyu Bio-Technology Co. Ltd., Class A N/A 1722700.00000000 NS 2978640.75000000 0.714173933663 Long EC CORP CN N 2 N N N Shenzhen Mindray Bio-Medical Electronics Co. Ltd. N/A Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A N/A 181501.00000000 NS 8238507.38000000 1.975306093255 Long EC CORP CN N 2 N N N Guangzhou Tinci Materials Technology Co. Ltd. 836800Y28XV3QK34CB65 Guangzhou Tinci Materials Technology Co. Ltd., Class A N/A 1640180.00000000 NS 10034172.59000000 2.405843843257 Long EC CORP CN N 2 N N N Shanghai International Airport Co. Ltd. 3003000CIJ7O6AOQF345 Shanghai International Airport Co. Ltd., Class A N/A 300800.00000000 NS 2441492.40000000 0.585384535318 Long EC CORP CN N 2 N N N Will Semiconductor Co. Ltd. 8368000MFHXX01GPND38 Will Semiconductor Co. Ltd. Shanghai, Class A N/A 240369.00000000 NS 3197260.73000000 0.766591363021 Long EC CORP CN N 2 N N N Ping An Insurance Group Co. of China Ltd. 529900M9MC28JLN35U89 Ping An Insurance Group Co. of China Ltd., Class H N/A 371927.00000000 NS 2406059.85000000 0.576889048370 Long EC CORP CN N 2 N N N BYD Co. Ltd. 5299005557VL7ULJ7A69 BYD Co. Ltd., Class A N/A 86000.00000000 NS 3205326.79000000 0.768525322260 Long EC CORP CN N 2 N N N ANTA Sports Products Ltd. 529900291XG0CTK4LF95 ANTA Sports Products Ltd. N/A 1110075.00000000 NS 16117206.69000000 3.864342788391 Long EC CORP KY N 2 N N N Luxshare Precision Industry Co. Ltd. 300300QLLDUELXN16530 Luxshare Precision Industry Co. Ltd. N/A 583100.00000000 PA 94262.03000000 0.022600739871 Long DBT CORP CN N 1 2026-11-03 Fixed 0.30000080 N N N N N Luxshare Precision Industry Co. Ltd. Luxshare Precision Industry Co. Ltd. CNY XXXX N N N Sunwoda Electronic Co. Ltd. 836800CQGW5QDXND0Q43 Sunwoda Electronic Co. Ltd., Class A N/A 1519600.00000000 NS 4462841.78000000 1.070033460511 Long EC CORP CN N 2 N N N Haier Smart Home Co. Ltd. 3003002BYTNGNJTWSH07 Haier Smart Home Co. Ltd., Class A N/A 1278400.00000000 NS 4217855.66000000 1.011294352408 Long EC CORP CN N 2 N N N Kweichow Moutai Co. Ltd. N/A Kweichow Moutai Co. Ltd., Class A N/A 37445.00000000 NS 9895560.93000000 2.372609612350 Long EC CORP CN N 2 N N N Hua Hong Semiconductor Ltd. 529900OXH3ZYLIMGB907 Hua Hong Semiconductor Ltd. N/A 1745624.00000000 NS 7739887.17000000 1.855754396132 Long EC CORP HK N 2 N N N Aier Eye Hospital Group Co. Ltd. N/A Aier Eye Hospital Group Co. Ltd., Class A N/A 1206443.00000000 NS 5454995.97000000 1.307917354590 Long EC CORP CN N 2 N N N Sino Wealth Electronic Ltd. N/A Sino Wealth Electronic Ltd., Class A N/A 1277220.00000000 NS 7604274.18000000 1.823239141473 Long EC CORP CN N 2 N N N Midea Group Co. Ltd. 3003003TRPHLHZD2IF61 Midea Group Co. Ltd., Class A N/A 1084316.00000000 NS 8488032.19000000 2.035133420570 Long EC CORP CN N 2 N N N Shenzhen Inovance Technology Co. Ltd. N/A Shenzhen Inovance Technology Co. Ltd., Class A N/A 988600.00000000 NS 10132032.96000000 2.429307339280 Long EC CORP CN N 2 N N N Wuliangye Yibin Co. Ltd. N/A Wuliangye Yibin Co. Ltd., Class A N/A 126100.00000000 NS 3604223.27000000 0.864166754765 Long EC CORP CN N 2 N N N New Horizon Health Ltd. 6556003WN0RS45SU3L67 New Horizon Health Ltd. N/A 694000.00000000 NS 2404977.59000000 0.576629560252 Long EC CORP KY N 2 N N N Luzhou Laojiao Co. Ltd. N/A Luzhou Laojiao Co. Ltd., Class A N/A 166856.00000000 NS 6164609.84000000 1.478057956111 Long EC CORP CN N 2 N N N Institutional Fiduciary Trust Money Market Portfolio N/A Institutional Fiduciary Trust Money Market Portfolio N/A 1626356.10000000 NS USD 1626356.10000000 0.389943343612 Long STIV RF US N 1 N N Contemporary Amperex Technology Co. Ltd. 300300KINDY1K0E9I032 Contemporary Amperex Technology Co. Ltd., Class A N/A 88000.00000000 NS 5211018.87000000 1.249420174213 Long EC CORP CN N 2 N N N Hangzhou Tigermed Consulting Co. Ltd. 300300CP4N8WDF6DOO67 Hangzhou Tigermed Consulting Co. Ltd., Class H N/A 138000.00000000 NS 1300187.73000000 0.311739569679 Long EC CORP CN N 2 N N N BYD Co. Ltd. 5299005557VL7ULJ7A69 BYD Co. Ltd., Class H N/A 127000.00000000 NS 3735827.70000000 0.895720896855 Long EC CORP CN N 2 N N N SF Holding Co. Ltd. N/A SF Holding Co. Ltd., Class A N/A 734700.00000000 NS 5917231.08000000 1.418745176571 Long EC CORP CN N 2 N N N Jiangsu Yangnong Chemical Co. Ltd. N/A Jiangsu Yangnong Chemical Co. Ltd., Class A N/A 269600.00000000 NS 3813143.15000000 0.914258439208 Long EC CORP CN N 2 N N N Estun Automation Co. Ltd. N/A Estun Automation Co. Ltd., Class A N/A 516700.00000000 NS 2109931.84000000 0.505887902707 Long EC CORP CN N 2 N N N Ping An Insurance Group Co. of China Ltd. 529900M9MC28JLN35U89 Ping An Insurance Group Co. of China Ltd., Class A N/A 166850.00000000 NS 1105779.37000000 0.265127240482 Long EC CORP CN N 2 N N N Geely Automobile Holdings Ltd. 549300YS3T1KVQ2SNI84 Geely Automobile Holdings Ltd. N/A 565135.00000000 NS 728241.13000000 0.174606767354 Long EC CORP KY N 2 N N N Institutional Fiduciary Trust - Money Market Portfolio 549300M4TP89K77LG374 Institutional Fiduciary Trust - Money Market Portfolio 457756500 3226300.81100000 NS USD 3226300.81000000 0.773554159111 Long STIV RF US N 1 N N N Suofeiya Home Collection Co. Ltd. 3003001LPW6QB75C7439 Suofeiya Home Collection Co. Ltd., Class A N/A 1305100.00000000 NS 3699129.24000000 0.886921888939 Long EC CORP CN N 2 N N N East Money Information Co. Ltd. 836800ZFB0ZEK3KKW487 East Money Information Co. Ltd., Class A N/A 1626272.00000000 NS 4745498.82000000 1.137804738445 Long EC CORP CN N 2 N N N InnoCare Pharma Ltd. 3003001NYJPPWIEOJT79 InnoCare Pharma Ltd. N/A 1418000.00000000 NS 1511947.34000000 0.362512122114 Long EC CORP KY N 2 N N N NARI Technology Co. Ltd. N/A NARI Technology Co. Ltd., Class A N/A 365000.00000000 NS 1439696.79000000 0.345188965737 Long EC CORP CN N 2 N N N Keshun Waterproof Technologies Co. Ltd. 300300M9TMHSAZ9MEQ43 Keshun Waterproof Technologies Co. Ltd., Class A N/A 1261900.00000000 NS 2163256.23000000 0.518673227478 Long EC CORP CN N 2 N N N Jiangsu Hengli Hydraulic Co. Ltd. N/A Jiangsu Hengli Hydraulic Co. Ltd., Class A N/A 206300.00000000 NS 1989535.26000000 0.477021011277 Long EC CORP CN N 2 N N N Guangzhou Tinci Materials Technology Co. Ltd. 836800Y28XV3QK34CB65 Guangzhou Tinci Materials Technology Co. Ltd. N/A 2907100.00000000 PA 514297.27000000 0.123310508119 Long DBT CORP CN N 1 2027-09-23 Fixed 0.30000080 N N N N N Guangzhou Tinci Materials Technology Co. Ltd. Guangzhou Tinci Materials Technology Co. Ltd. CNY XXXX N N N Centre Testing International Group Co. Ltd. N/A Centre Testing International Group Co. Ltd., Class A N/A 708900.00000000 NS 2115997.08000000 0.507342135249 Long EC CORP CN N 2 N N N 2023-05-01 Templeton Dragon Fund, Inc. Ryan Wheeler Ryan Wheeler Assistant Treasurer XXXX NPORT-EX 2 TDF.htm
Not
FDIC
Insured
May
Lose
Value
No
Bank
Guarantee
TLTDF-Q1PH
1
Consolidated
Schedule
of
Investments
(unaudited)
Templeton
Dragon
Fund,
Inc.
2
Notes
to
Consolidated
Schedule
of
Investments
6
Templeton
Dragon
Fund,
Inc.
Consolidated
Schedule
of
Investments
(unaudited),
March
31,
2023
Quarterly
Consolidated
Schedule
of
Investments
See
Notes
to
Consolidated
Schedule
of
Investments.
2
l
a
a
Country
Shares
a
Value
a
a
a
a
a
a
Common
Stocks
98.6%
Air
Freight
&
Logistics
1.4%
a
SF
Holding
Co.
Ltd.,
A
..................................
China
734,700
$
5,917,231
Automobile
Components
1.2%
Minth
Group
Ltd.
......................................
China
1,586,910
4,816,509
Automobiles
1.8%
a
BYD
Co.
Ltd.,
A
.......................................
China
86,000
3,205,327
BYD
Co.
Ltd.,
H
......................................
China
127,000
3,735,828
Geely
Automobile
Holdings
Ltd.
...........................
China
565,135
728,241
7,669,396
Banks
5.5%
a
China
Merchants
Bank
Co.
Ltd.,
A
.........................
China
1,573,900
7,841,526
China
Merchants
Bank
Co.
Ltd.,
H
.........................
China
2,004,448
10,178,563
a
Ping
An
Bank
Co.
Ltd.,
A
................................
China
1,494,600
2,724,662
b
Postal
Savings
Bank
of
China
Co.
Ltd.,
H,
144A,
Reg
S
.........
China
3,329,649
1,974,657
22,719,408
Beverages
6.5%
China
Resources
Beer
Holdings
Co.
Ltd.
....................
China
928,706
7,460,628
a
Kweichow
Moutai
Co.
Ltd.,
A
.............................
China
37,445
9,895,561
a
Luzhou
Laojiao
Co.
Ltd.,
A
...............................
China
166,856
6,164,610
a
Wuliangye
Yibin
Co.
Ltd.,
A
..............................
China
126,100
3,604,223
27,125,022
Biotechnology
2.2%
c
BeiGene
Ltd.
.........................................
China
112,569
1,873,668
b,c
InnoCare
Pharma
Ltd.,
144A,
Reg
S
.......................
China
1,418,000
1,511,947
b,c
Innovent
Biologics,
Inc.,
144A,
Reg
S
......................
China
630,172
2,826,625
a
Jinyu
Bio-Technology
Co.
Ltd.,
A
..........................
China
1,722,700
2,978,641
9,190,881
Broadline
Retail
9.4%
c
Alibaba
Group
Holding
Ltd.
..............................
China
2,216,738
28,075,907
JD.com,
Inc.,
A
.......................................
China
513,312
11,208,711
39,284,618
Capital
Markets
2.1%
a
East
Money
Information
Co.
Ltd.,
A
........................
China
1,626,272
4,745,499
Hong
Kong
Exchanges
&
Clearing
Ltd.
.....................
Hong
Kong
90,257
4,000,591
8,746,090
Chemicals
3.3%
a
Guangzhou
Tinci
Materials
Technology
Co.
Ltd.,
A
.............
China
1,640,180
10,034,173
a
Jiangsu
Yangnong
Chemical
Co.
Ltd.,
A
....................
China
269,600
3,813,143
13,847,316
Construction
Materials
2.6%
a
Beijing
Oriental
Yuhong
Waterproof
Technology
Co.
Ltd.,
A
......
China
1,777,718
8,651,036
a,c
Keshun
Waterproof
Technologies
Co.
Ltd.,
A
.................
China
1,261,900
2,163,256
10,814,292
Consumer
Staples
Distribution
&
Retail
0.9%
a
Laobaixing
Pharmacy
Chain
JSC,
A
.......................
China
703,268
3,836,581
Containers
&
Packaging
1.1%
a
Zhejiang
Jiemei
Electronic
&
Technology
Co.
Ltd.,
A
...........
China
1,142,600
4,766,436
Templeton
Dragon
Fund,
Inc.
Consolidated
Schedule
of
Investments
(unaudited)
See
Notes
to
Consolidated
Schedule
of
Investments.
Quarterly
Consolidated
Schedule
of
Investments
3
a
a
Country
Shares
a
Value
a
a
a
a
a
a
Common
Stocks
(continued)
Electrical
Equipment
4.5%
a
Contemporary
Amperex
Technology
Co.
Ltd.,
A
...............
China
88,000
$
5,211,019
a
Hongfa
Technology
Co.
Ltd.,
A
............................
China
1,594,209
7,571,366
a
NARI
Technology
Co.
Ltd.,
A
.............................
China
365,000
1,439,697
a
Sunwoda
Electronic
Co.
Ltd.,
A
...........................
China
1,519,600
4,462,842
18,684,924
Electronic
Equipment,
Instruments
&
Components
1.2%
a
Luxshare
Precision
Industry
Co.
Ltd.,
A
.....................
China
1,156,638
5,111,445
Entertainment
2.5%
NetEase,
Inc.
........................................
China
582,379
10,280,604
Food
Products
1.0%
a
Inner
Mongolia
Yili
Industrial
Group
Co.
Ltd.,
A
...............
China
997,300
4,220,494
Health
Care
Equipment
&
Supplies
2.0%
a
Shenzhen
Mindray
Bio-Medical
Electronics
Co.
Ltd.,
A
..........
China
181,501
8,238,507
Health
Care
Providers
&
Services
1.9%
a
Aier
Eye
Hospital
Group
Co.
Ltd.,
A
........................
China
1,206,443
5,454,996
b,c
New
Horizon
Health
Ltd.,
144A,
Reg
S
.....................
China
694,000
2,404,978
7,859,974
Hotels,
Restaurants
&
Leisure
4.6%
b,c
Meituan
Dianping,
B,
144A,
Reg
S
........................
China
677,943
12,299,310
Yum
China
Holdings,
Inc.
...............................
China
108,078
6,851,064
19,150,374
Household
Durables
3.9%
a
Haier
Smart
Home
Co.
Ltd.,
A
............................
China
1,278,400
4,217,856
a
Midea
Group
Co.
Ltd.,
A
................................
China
1,084,316
8,488,032
a
Suofeiya
Home
Collection
Co.
Ltd.,
A
......................
China
1,305,100
3,699,129
16,405,017
Insurance
0.8%
a
Ping
An
Insurance
Group
Co.
of
China
Ltd.,
A
................
China
166,850
1,105,779
Ping
An
Insurance
Group
Co.
of
China
Ltd.,
H
................
China
371,927
2,406,060
3,511,839
Interactive
Media
&
Services
11.6%
c
Baidu,
Inc.,
ADR
......................................
China
39,881
6,018,841
b,c
Kuaishou
Technology,
144A,
Reg
S
........................
China
219,488
1,687,702
Tencent
Holdings
Ltd.
..................................
China
828,026
40,464,813
48,171,356
IT
Services
0.7%
c,d
GDS
Holdings
Ltd.,
ADR
................................
China
158,752
2,962,312
Life
Sciences
Tools
&
Services
4.9%
b
Hangzhou
Tigermed
Consulting
Co.
Ltd.,
H,
144A,
Reg
S
.......
China
138,000
1,300,188
a
WuXi
AppTec
Co.
Ltd.,
A
................................
China
386,480
4,470,956
b
WuXi
AppTec
Co.
Ltd.,
H,
144A,
Reg
S
.....................
China
626,008
6,556,024
b,c
Wuxi
Biologics
Cayman,
Inc.,
144A,
Reg
S
..................
China
1,340,850
8,262,214
20,589,382
Machinery
4.5%
a
Estun
Automation
Co.
Ltd.,
A
.............................
China
516,700
2,109,932
a
Jiangsu
Hengli
Hydraulic
Co.
Ltd.,
A
.......................
China
206,300
1,989,535
a
Shenzhen
Inovance
Technology
Co.
Ltd.,
A
..................
China
988,600
10,132,033
Templeton
Dragon
Fund,
Inc.
Consolidated
Schedule
of
Investments
(unaudited)
Quarterly
Consolidated
Schedule
of
Investments
See
Notes
to
Consolidated
Schedule
of
Investments.
4
a
a
Country
Shares
a
Value
a
a
a
a
a
a
Common
Stocks
(continued)
Machinery
(continued)
Weichai
Power
Co.
Ltd.,
H
..............................
China
2,826,261
$
4,535,078
18,766,578
Media
0.4%
b,c,d
Mobvista,
Inc.,
144A,
Reg
S
.............................
China
3,098,200
1,644,528
Metals
&
Mining
0.9%
CMOC
Group
Ltd.,
H
...................................
China
6,516,000
3,944,315
Pharmaceuticals
0.5%
a
Jiangsu
Hengrui
Pharmaceuticals
Co.
Ltd.,
A
.................
China
303,407
1,891,094
a,c,e,f
Kangmei
Pharmaceutical
Co.
Ltd.
.........................
China
673,786
121,613
2,012,707
Professional
Services
0.5%
a
Centre
Testing
International
Group
Co.
Ltd.,
A
................
China
708,900
2,115,997
Real
Estate
Management
&
Development
0.9%
China
Resources
Land
Ltd.
..............................
China
786,375
3,580,999
Semiconductors
&
Semiconductor
Equipment
5.9%
b,c
Hua
Hong
Semiconductor
Ltd.,
144A,
Reg
S
.................
China
1,745,624
7,739,887
a
LONGi
Green
Energy
Technology
Co.
Ltd.,
A
.................
China
1,060,892
6,245,192
a
Sino
Wealth
Electronic
Ltd.,
A
............................
China
1,277,220
7,604,274
a
Will
Semiconductor
Co.
Ltd.
Shanghai,
A
....................
China
240,369
3,197,261
24,786,614
Software
1.0%
a
Hundsun
Technologies,
Inc.,
A
............................
China
512,921
3,976,501
Specialty
Retail
1.9%
a
China
Tourism
Group
Duty
Free
Corp.
Ltd.,
A
................
China
295,300
7,888,986
Textiles,
Apparel
&
Luxury
Goods
3.9%
ANTA
Sports
Products
Ltd.
..............................
China
1,110,075
16,117,207
Transportation
Infrastructure
0.6%
a,c
Shanghai
International
Airport
Co.
Ltd.,
A
....................
China
300,800
2,441,492
Total
Common
Stocks
(Cost
$336,984,750)
.....................................
411,195,932
Principal
Amount
*
Convertible
Bonds
0.3%
Chemicals
0.1%
a
Guangzhou
Tinci
Materials
Technology
Co.
Ltd.
,
0.3
%
,
9/23/27
...
China
2,907,100
CNY
514,297
Electrical
Equipment
0.1%
a
Hongfa
Technology
Co.
Ltd.
,
Zero
Cpn.,
10/27/27
.............
China
3,325,000
CNY
540,984
Electronic
Equipment,
Instruments
&
Components
0.0%
†
a
Luxshare
Precision
Industry
Co.
Ltd.
,
0.3
%
,
11/03/26
...........
China
583,100
CNY
94,262
Semiconductors
&
Semiconductor
Equipment
0.1%
a,g
LONGi
Green
Energy
Technology
Co.
Ltd.
,
FRN
,
0.2
%
,
1/05/28
...
China
980,000
CNY
165,042
Total
Convertible
Bonds
(Cost
$1,173,681)
.....................................
1,314,585
Total
Long
Term
Investments
(Cost
$338,158,431)
...............................
412,510,517
a
Templeton
Dragon
Fund,
Inc.
Consolidated
Schedule
of
Investments
(unaudited)
See
Notes
to
Consolidated
Schedule
of
Investments.
Quarterly
Consolidated
Schedule
of
Investments
5
Short
Term
Investments
1.2%
a
a
Country
Shares
a
Value
a
a
a
Money
Market
Funds
0.8%
h,i
Institutional
Fiduciary
Trust
-
Money
Market
Portfolio,
4.371%
....
United
States
3,236,858
$
3,236,858
Total
Money
Market
Funds
(Cost
$3,236,858)
...................................
3,236,858
a
a
a
Investments
from
Cash
Collateral
Received
for
Loaned
Securities
0.4%
Money
Market
Funds
0.4%
h,i
Institutional
Fiduciary
Trust
-
Money
Market
Portfolio,
4.371%
....
United
States
1,626,356
1,626,356
Total
Investments
from
Cash
Collateral
Received
for
Loaned
Securities
(Cost
$1,626,356)
............................................................
1,626,356
Total
Short
Term
Investments
(Cost
$4,863,214
)
.................................
4,863,214
a
Total
Investments
(Cost
$343,021,645)
100.1%
..................................
$417,373,731
Other
Assets,
less
Liabilities
(0.1)%
...........................................
(275,151)
Net
Assets
100.0%
...........................................................
$417,098,580
See
Abbreviations
on
page
10
.
*
The
principal
amount
is
stated
in
U.S.
dollars
unless
otherwise
indicated.
†
Rounds
to
less
than
0.1%
of
net
assets.
a
The
security
is
owned
by
Templeton
China
Opportunities
Fund,
Ltd.,
a
wholly-owned
subsidiary
of
the
Fund.
See
Note
5.
b
Security
was
purchased
pursuant
to
Rule
144A
or
Regulation
S
under
the
Securities
Act
of
1933.
144A
securities
may
be
sold
in
transactions
exempt
from
registration
only
to
qualified
institutional
buyers
or
in
a
public
offering
registered
under
the
Securities
Act
of
1933.
Regulation
S
securities
cannot
be
sold
in
the
United
States
without
either
an
effective
registration
statement
filed
pursuant
to
the
Securities
Act
of
1933,
or
pursuant
to
an
exemption
from
registration.
At
March
31,
2023,
the
aggregate
value
of
these
securities
was
$48,208,060,
representing
11.6%
of
net
assets.
c
Non-income
producing.
d
A
portion
or
all
of
the
security
is
on
loan
at
March
31,
2023.
e
Fair
valued
using
significant
unobservable
inputs.
See
Note
6
regarding
fair
value
measurements.
f
See
Note
3
regarding
restricted
securities.
g
The
coupon
rate
shown
represents
the
rate
at
period
end.
h
See
Note
4
regarding
investments
in
affiliated
management
investment
companies.
i
The
rate
shown
is
the
annualized
seven-day
effective
yield
at
period
end.
Templeton
Dragon
Fund,
Inc.
Notes
to
Consolidated
Schedule
of
Investments
(unaudited)
6
Quarterly
Consolidated
Schedule
of
Investments
1.
Organization
Templeton
Dragon
Fund,
Inc. (Fund)
is
registered
under
the
Investment
Company
Act
of
1940
(1940
Act)
as
a
closed-end
management
investment
company.
The
Fund
follows
the
accounting
and
reporting
guidance
in
Financial
Accounting
Standards
Board
(FASB)
Accounting
Standards
Codification
Topic
946,
Financial
Services
–
Investment
Companies
(ASC
946)
and
applies
the
specialized
accounting
and
reporting
guidance
in
U.S.
Generally
Accepted
Accounting
Principles
(U.S.
GAAP),
including,
but
not
limited
to,
ASC
946. 
2. Financial
Instrument
Valuation
The
Fund's investments
in
financial
instruments
are
carried
at
fair
value
daily.
Fair
value
is
the
price
that
would
be
received
to
sell
an
asset
or
paid
to
transfer
a
liability
in
an
orderly
transaction
between
market
participants
on
the
measurement
date.
The
Fund
calculates the
net
asset
value
(NAV)
per
share
each
business
day
as
of
4
p.m.
Eastern
time
or
the
regularly
scheduled
close
of
the
New
York
Stock
Exchange
(NYSE),
whichever
is
earlier.
Under
compliance
policies
and
procedures
approved
by
the
Fund’s
Board
of
Directors
(the
Board),
the
Board
has
designated
the
Fund’s
investment
manager
as
the
valuation
designee
and
has
responsibility
for
oversight
of
valuation.
The
investment
manager
is
assisted
by
the
Fund’s
administrator
in
performing
this
responsibility,
including
leading
the
cross-functional
Valuation
Committee
(VC).
The
Fund
may
utilize
independent
pricing
services,
quotations
from
securities
and
financial
instrument
dealers,
and
other
market
sources
to
determine
fair
value. 
Equity
securities
listed
on
an
exchange
or
on
the
NASDAQ
National
Market
System
are
valued
at
the
last
quoted
sale
price
or
the
official
closing
price
of
the
day,
respectively.
Foreign
equity
securities
are
valued
as
of
the
close
of
trading
on
the
foreign
stock
exchange
on
which
the
security
is
primarily
traded
or
as
of
4
p.m.
Eastern
time.
The
value
is
then
converted
into
its
U.S.
dollar
equivalent
at
the
foreign
exchange
rate
in
effect
at
4
p.m. Eastern
time
on
the
day
that
the
value
of
the
security
is
determined.
Over-the-counter
(OTC)
securities
are
valued
within
the
range
of
the
most
recent
quoted
bid
and
ask
prices.
Securities
that
trade
in
multiple
markets
or
on
multiple
exchanges
are
valued
according
to
the
broadest
and
most
representative
market.
Certain
equity
securities
are
valued
based
upon
fundamental
characteristics
or
relationships
to
similar
securities. 
Debt
securities
generally
trade
in
the
OTC
market
rather
than
on
a
securities
exchange.
The Fund's
pricing
services
use
multiple
valuation
techniques
to
determine
fair
value.
In
instances
where
sufficient
market
activity
exists,
the
pricing
services
may
utilize
a
market-based
approach
through
which
quotes
from
market
makers
are
used
to
determine
fair
value.
In
instances
where
sufficient
market
activity
may
not
exist
or
is
limited,
the
pricing
services
also
utilize
proprietary
valuation
models
which
may
consider
market
characteristics
such
as
benchmark
yield
curves,
credit
spreads,
estimated
default
rates,
anticipated
market
interest
rate
volatility,
coupon
rates,
anticipated
timing
of
principal
repayments,
underlying
collateral,
and
other
unique
security
features
in
order
to
estimate
the
relevant
cash
flows,
which
are
then
discounted
to
calculate
the
fair
value.
Securities
denominated
in
a
foreign
currency
are
converted
into
their
U.S.
dollar
equivalent
at
the
foreign
exchange
rate
in
effect
at
4
p.m.
Eastern
time
on
the
date
that
the
values
of
the
foreign
debt
securities
are
determined.
Investments
in
open-end
mutual
funds
are
valued
at
the
closing
NAV.
The
Fund
has procedures
to
determine
the
fair
value
of
financial
instruments
for
which
market
prices
are
not
reliable
or
readily
available.
Under
these
procedures,
the
Fund
primarily employs
a
market-based
approach
which
may
use
related
or
comparable
assets
or
liabilities,
recent
transactions,
market
multiples,
and
other
relevant
information
for
the
investment
to
determine
the
fair
value
of
the
investment.
An
income-based
valuation
approach
may
also
be
used
in
which
the
anticipated
future
cash
flows
of
the
investment
are
discounted
to
calculate
fair
value.
Discounts
may
also
be
applied
due
to
the
nature
or
duration
of
any
restrictions
on
the
disposition
of
the
investments.
Due
to
the
inherent
uncertainty
of
valuations
of
such
investments,
the
fair
values
may
differ
significantly
from
the
values
that
would
have
been
used
had
an
active
market
existed. 
Templeton
Dragon
Fund,
Inc.
Notes
to
Consolidated
Schedule
of
Investments
(unaudited)
7
Quarterly
Consolidated
Schedule
of
Investments
Trading
in
securities
on
foreign
securities
stock
exchanges
and
OTC
markets
may
be
completed
before
4
p.m.
Eastern
time.
In
addition,
trading
in
certain
foreign
markets
may
not
take
place
on
every
Fund’s
business
day.
Events
can
occur
between
the
time
at
which
trading
in
a
foreign
security
is
completed
and
4
p.m.
Eastern
time
that
might
call
into
question
the
reliability
of
the
value
of
a
portfolio
security
held
by
the
Fund.
As
a
result,
differences
may
arise
between
the
value
of
the
Fund’s
portfolio securities
as
determined
at
the
foreign
market
close
and
the
latest
indications
of
value
at
4
p.m.
Eastern
time.
In
order
to
minimize
the
potential
for
these
differences,
an
independent
pricing
service
may
be
used
to
adjust
the
value
of
the
Fund’s
portfolio
securities
to
the
latest
indications
of
fair
value
at 4
p.m
Eastern
time.
At
March
31,
2023,
certain
securities
may
have
been
fair
valued
using
these
procedures,
in
which
case
the
securities
were
categorized
as
Level
2
within
the
fair
value
hierarchy
(referred
to
as
"market
level
fair
value").
See
the
Fair
Value
Measurements
note
for
more
information.
When
the
last
day
of
the
reporting
period
is
a
non-business
day,
certain
foreign
markets
may
be
open
on
those
days
that
the
Fund’s
NAV
is
not
calculated,
which
could
result
in
differences
between
the
value
of
the
Fund’s
portfolio
securities
on
the
last
business
day
and
the
last
calendar
day
of
the
reporting
period.
Any
security
valuation
changes
due
to
an
open
foreign
market
are
adjusted
and
reflected
by
the
Fund for
financial
reporting
purposes.
3.
Restricted
Securities
At
March
31,
2023,
investments
in
restricted
securities,
excluding
securities
exempt
from
registration
under
the
Securities
Act
of
1933,
were
as
follows:
4.
Investments
in
Affiliated
Management
Investment
Companies 
The
Fund
invests
in
one
or
more
affiliated
management
investment
companies.
As
defined
in
the
1940
Act,
an
investment
is
deemed
to
be
a
“Controlled
Affiliate”
of
a
fund
when
a
fund
owns,
either
directly
or
indirectly,
25%
or
more
of
the
affiliated
fund’s
outstanding
shares
or
has
the
power
to
exercise
control
over
management
or
policies
of
such
fund.
The
Fund
does
not
invest for
purposes
of
exercising
a
controlling
influence
over
the
management
or
policies.
During
the
period
ended
March
31,
2023,
the
Fund
held
investments
in
affiliated
management
investment
companies
as
follows: 
Shares
Issuer
Acquisition
Date
Cost
Value
Templeton
Dragon
Fund,
Inc
.
673,786
Kangmei
Pharmaceutical
Co
.
Ltd
.
................
4/06/22
$
—
$
121,613
Total
Restricted
Securities
(Value
is
0.0%
†
of
Net
Assets)
.............
$—
$121,613
†
Rounds
to
less
than
0.1%
of
net
assets.
    aa
Value
at
Beginning
of
Period
Purchases
Sales
Realized
Gain
(Loss)
Net
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
End
of
Period
Number
of
Shares
Held
at
End
of
Period
Investment
Income
a      
a  
a  
a  
a  
a  
a  
a  
Templeton
Dragon
Fund,
Inc.
Non-Controlled
Affiliates
Dividends
Institutional
Fiduciary
Trust
-
Money
Market
Portfolio,
4.371%
$
3,959,472
$
3,396,988
$
(4,119,602)
$
—
$
—
$
3,236,858
3,236,858
$
28,322
2. Financial
Instrument
Valuation
(continued)
Templeton
Dragon
Fund,
Inc.
Notes
to
Consolidated
Schedule
of
Investments
(unaudited)
8
Quarterly
Consolidated
Schedule
of
Investments
5.
Investments
in
Templeton
China
Opportunities
Fund,
Ltd.
(China
Fund)  
The
Fund
invests
in
certain
China
A-shares
through
its
investment
in
the
China
Fund.
The
China
Fund
is
a
Cayman
Islands
exempted
company,
and
is
a
wholly-owned
subsidiary
of
the
Fund,
and
is
able
to
invest
directly
in
China
A-shares
consistent
with
the
investment
objective
of
the
Fund.
At March
31,
2023,
the
China
Fund’s
investments
as
well
as
any
other
assets
and
liabilities
of
the
China
Fund
are
reflected
in
the
Fund’s
Consolidated Schedule
of
Investments.
At
March
31,
2023, the
net
assets
of
the
China
Fund
were
$197,043,143,
representing
47.2%
of
the
Fund’s
consolidated
net
assets.
The
China
Fund
gains
access
to
the
A-shares
market
through
Templeton
Investment
Counsel,
LLC
(TIC),
which
serves
as
the
registered
Qualified
Foreign
Institutional
Investor
(QFII)
for
the
China
Fund.
Investment
decisions
related
to
the
China
Fund
A-shares
are
specific
to
the
Fund
and
it
bears
the
resultant
economic
and
tax
consequences
of
its
holdings
and
transactions
in
A-shares.
The
China
Fund
is
subject
to
certain
restrictions
and
administrative
processes
relating
to
its
ability
to
repatriate
cash
balances,
investment
proceeds,
and
earnings
associated
with
its
A-shares
and
may
incur
substantial
delays
in
gaining
access
to
its
assets
or
a
loss
of
value
in
the
event
of
noncompliance
with
applicable
Chinese
rules
or
requirements. 
6. Fair
Value
Measurements 
The
Fund
follows
a
fair
value
hierarchy
that
distinguishes
between
market
data
obtained
from
independent
sources
(observable
inputs)
and
the
Fund's
own
market
assumptions
(unobservable
inputs).
These
inputs
are
used
in
determining
the
value
of
the
Fund's
financial
instruments
and
are
summarized
in
the
following
fair
value
hierarchy:
•
Level
1
–
quoted
prices
in
active
markets
for
identical
financial
instruments
•
Level 2
–
other
significant
observable
inputs
(including
quoted
prices
for
similar
financial
instruments,
interest
rates,
prepayment
speed,
credit
risk,
etc.)
•
Level 3
–
significant
unobservable
inputs
(including
the
Fund's own
assumptions
in
determining
the
fair
value
of
financial
instruments)
The
input
levels
are
not
necessarily
an
indication
of
the
risk
or
liquidity
associated
with
financial
instruments
at
that
level.
A
summary
of
inputs
used
as
of
March
31,
2023,
in
valuing
the
Fund's
assets
carried
at
fair
value,
is
as
follows:
    aa
Value
at
Beginning
of
Period
Purchases
Sales
Realized
Gain
(Loss)
Net
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
End
of
Period
Number
of
Shares
Held
at
End
of
Period
Investment
Income
a      
a  
a  
a  
a  
a  
a  
a  
Templeton
Dragon
Fund,
Inc.
(continued)
Non-Controlled
Affiliates
Income
from
securities
loaned
Institutional
Fiduciary
Trust
-
Money
Market
Portfolio,
4.371%
$1,706,584
$7,157,314
$(7,237,542)
$—
$—
$1,626,356
1,626,356
$15,798
Total
Affiliated
Securities
...
$5,666,056
$10,554,302
$(11,357,144)
$—
$—
$4,863,214
$44,120
4.
Investments
in
Affiliated
Management
Investment
Companies 
(continued)
Templeton
Dragon
Fund,
Inc.
Notes
to
Consolidated
Schedule
of
Investments
(unaudited)
9
Quarterly
Consolidated
Schedule
of
Investments
A
reconciliation
in
which
Level
3
inputs
are
used
in
determining
fair
value
is
presented
when
there
are
significant
Level
3
assets
and/or
liabilities
at
the
beginning
and/or
end
of
the
period.
Level
1
Level
2
Level
3
Total
Templeton
Dragon
Fund,
Inc.
Assets:
Investments
in
Securities:
Common
Stocks
:
Air
Freight
&
Logistics
...................
$
—
$
5,917,231
$
—
$
5,917,231
Automobile
Components
.................
—
4,816,509
—
4,816,509
Automobiles
..........................
—
7,669,396
—
7,669,396
Banks
...............................
—
22,719,408
—
22,719,408
Beverages
...........................
—
27,125,022
—
27,125,022
Biotechnology
.........................
—
9,190,881
—
9,190,881
Broadline
Retail
.......................
—
39,284,618
—
39,284,618
Capital
Markets
........................
—
8,746,090
—
8,746,090
Chemicals
...........................
—
13,847,316
—
13,847,316
Construction
Materials
..................
—
10,814,292
—
10,814,292
Consumer
Staples
Distribution
&
Retail
......
—
3,836,581
—
3,836,581
Containers
&
Packaging
.................
—
4,766,436
—
4,766,436
Electrical
Equipment
....................
—
18,684,924
—
18,684,924
Electronic
Equipment,
Instruments
&
Components
........................
—
5,111,445
—
5,111,445
Entertainment
.........................
—
10,280,604
—
10,280,604
Food
Products
........................
—
4,220,494
—
4,220,494
Health
Care
Equipment
&
Supplies
.........
—
8,238,507
—
8,238,507
Health
Care
Providers
&
Services
..........
—
7,859,974
—
7,859,974
Hotels,
Restaurants
&
Leisure
.............
6,851,064
12,299,310
—
19,150,374
Household
Durables
....................
—
16,405,017
—
16,405,017
Insurance
............................
—
3,511,839
—
3,511,839
Interactive
Media
&
Services
..............
6,018,841
42,152,515
—
48,171,356
IT
Services
...........................
2,962,312
—
—
2,962,312
Life
Sciences
Tools
&
Services
............
—
20,589,382
—
20,589,382
Machinery
............................
—
18,766,578
—
18,766,578
Media
...............................
—
1,644,528
—
1,644,528
Metals
&
Mining
.......................
—
3,944,315
—
3,944,315
Pharmaceuticals
.......................
—
1,891,094
121,613
2,012,707
Professional
Services
...................
—
2,115,997
—
2,115,997
Real
Estate
Management
&
Development
....
—
3,580,999
—
3,580,999
Semiconductors
&
Semiconductor
Equipment
.
—
24,786,614
—
24,786,614
Software
.............................
—
3,976,501
—
3,976,501
Specialty
Retail
........................
—
7,888,986
—
7,888,986
Textiles,
Apparel
&
Luxury
Goods
..........
—
16,117,207
—
16,117,207
Transportation
Infrastructure
..............
—
2,441,492
—
2,441,492
Convertible
Bonds
:
Chemicals
...........................
514,297
—
—
514,297
Electrical
Equipment
....................
—
540,984
—
540,984
Electronic
Equipment,
Instruments
&
Components
........................
94,262
—
—
94,262
Semiconductors
&
Semiconductor
Equipment
.
—
165,042
—
165,042
Short
Term
Investments
...................
4,863,214
—
—
4,863,214
Total
Investments
in
Securities
...........
$21,303,990
$395,948,128
a
$121,613
$417,373,731
a
Includes
foreign
securities
valued
at
$395,242,102,
which
were
categorized
as
Level
2
as
a
result
of
the
application
of
market
level
fair
value
procedures.
See
the
Financial
Instrument
Valuation
note
for
more
information.
6. Fair
Value
Measurements 
(continued)
Templeton
Dragon
Fund,
Inc.
Notes
to
Consolidated
Schedule
of
Investments
(unaudited)
10
Quarterly
Consolidated
Schedule
of
Investments
Abbreviations
Currency
CNY
Chinese
Yuan
Selected
Portfolio
ADR
American
Depositary
Receipt
FRN
Floating
Rate
Note
For
additional
information
on
the
Fund's
significant
accounting
policies,
please
refer
to
the Fund's
most
recent
semiannual
or
annual
shareholder
report.