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Templeton Developing Markets A

TEDMX · NASDAQ

Market closed$33.44$-0.490000 (-1.44%)

Key statistics

Previous close$33.93
Open$33.44
Day high$33.44
Day low$33.44
52-week high$38.26
52-week low$22.68
Market cap2.10B
Volume—
Average volume—
P/E ratio16.28
Forward P/E—
EPS2.05
Dividend yield0.00%

Market context

Why it moved

TEDMX declined modestly amid thin trading activity, as the absence of any notable volume suggests limited investor interest and broad market pressure weighed on the fund's price.

Justdial

What is happening

Recent company-specific developments and publisher coverage.

July 15, 2026Templeton Developing Markets A closed little changed, holding steady near $34.62, as its parent Franklin Templeton continues to benefit from a broadly constructive environment for asset managers. Franklin Resources (BEN) has surged 23% since reporting stellar Q1 results that beat AUM and EPS estimates by wide margins, and the firm is positioned favorably amid BlackRock's iShares surpassing $6 trillion in assets and strong Wall Street bank earnings driven by record trading and dealmaking activity. However, macro headwinds remain for the emerging markets-focused fund, as geopolitical uncertainty from the US-Iran conflict, persistent inflation, and a hawkish Fed outlook weigh on developing market sentiment, even as China's June exports surged 27% year-over-year, beating forecasts and offering a constructive signal for EM growth.
July 14, 2026Templeton Developing Markets A (TEDMX) closed down nearly 2% as a confluence of macro headwinds weighed on emerging market sentiment. Escalating US-Iran tensions—including Trump reinstating a blockade on Iranian shipping and a surge in oil prices—alongside a hawkish Fed backdrop and record retail margin debt rattled risk appetite broadly. Parent company Franklin Resources (BEN) had been a standout in Q1 custody bank earnings, rising 23% post-results, but TEDMX's EM-focused exposure left it vulnerable to the geopolitical oil shock and the ongoing rotation away from high-valuation, growth-sensitive assets that began in early June.

-1.8429

July 8, 2026Templeton Developing Markets fund slid nearly 3% as a sharp escalation in U.S.-Iran tensions rattled global risk sentiment, with President Trump declaring the Iran peace MOU 'over' after mutual military strikes in the Gulf. The flight from emerging market exposure intensified as oil surged over 5%, stoking inflation fears, while China—a key holding for the fund—showed relative resilience, though broader EM assets sold off alongside a broader equity market decline.

-2.901

July 7, 2026Templeton Developing Markets closed up about 1%, buoyed by a notable shift in investor sentiment toward emerging market assets. A Reuters report highlighted that China's financial markets are increasingly seen as a diversification haven, with foreign holdings of onshore A-shares rising above 4 trillion yuan and net foreign inflows into China's bond market recorded for the first time in over a year — a tailwind for EM-focused funds like Templeton Developing Markets. Meanwhile, the broader U.S. market pulled back on Tuesday, with the S&P 500 declining roughly 0.7% amid rising Treasury yields and geopolitical uncertainty around the NATO Summit, making the fund's relative outperformance notable.

1.0157

July 1, 2026Templeton Developing Markets A (TEDMX) is trading flat as the fund's parent, Franklin Templeton, benefits from improving sentiment around its asset management business — Franklin Resources posted one of the strongest Q2 2026 finance sector gains, with AUM rising to $1.78 trillion on positive market returns and $4 billion in long-term net inflows. Investor focus in emerging markets is shifting toward country-specific stories in India, Southeast Asia, and the Gulf, per BlackRock strategists, a trend that could reshape demand for broad-based EM funds like TEDMX even as broader equity markets start Q3 on a cautious note amid hawkish Fed signals and a softer-than-expected ADP jobs report.
June 30, 2026Templeton Developing Markets A (TEDMX) closed unchanged as the fund navigates a complex macro backdrop heading into the second half of 2026. Emerging market sentiment is being shaped by several crosscurrents: ongoing US-Iran diplomatic negotiations in Doha, a stronger US dollar (with the yen at a four-decade low), and a Federal Reserve perceived as increasingly hawkish amid headline inflation at 4.1%. Meanwhile, China's manufacturing PMI edged above 50 in June, offering a modest positive signal for EM-exposed funds, while geopolitical uncertainty and potential oil price volatility continue to weigh on risk appetite for developing market equities.
June 23, 2026Templeton Developing Markets A (TEDMX) plunged amid a broad technology-led selloff on Wall Street, with the Nasdaq falling nearly 2% as investors reassessed AI valuations and priced in a more aggressive Fed rate-hike cycle. The fund, which holds significant exposure to emerging market equities including Asian semiconductor and tech names, was pressured by a global rout in chip stocks — South Korea's Kospi tumbled 10%, Micron fell ~10%, and Qualcomm dropped ~10% — while rising rate expectations and a stronger dollar further weighed on EM assets.

-6.149

June 22, 2026Templeton Developing Markets Trust edged modestly higher, trading near its 52-week high, as a powerful tailwind from emerging markets fundamentals lifted sentiment. For the first time since April 2022, companies in the MSCI EM Index are beating profit estimates, with Asian tech firms leading the charge and broad gains across Indian, Brazilian, and financial sector companies — a signal that the EM rally, up nearly 30% this year, is grounded in earnings rather than speculation. Broader macro backdrop remained mixed, with Wall Street near record highs on easing US-Iran tensions and falling oil prices, though rising Treasury yields and the Fed's hawkish posture under new Chair Kevin Warsh kept investors cautious ahead of Thursday's PCE inflation report.

0.5597

Business Wire · May 18, 2026Clarion Partners Executes $1 Billion in Strategic Healthcare Real Estate Transactions Across Multiple High-Growth MarketsBloomberg.com · May 5, 2026Watch Tokenized Money Market Growth Will Explode: KaulWealth Briefing · March 13, 2026EXCLUSIVE: Franklin Templeton Optimistic On Emerging Markets, Shrugs Off Conflict WorriesGeneral Atlantic · September 16, 2025Franklin Templeton Forms Strategic Partnership with Copenhagen Infrastructure Partners, DigitalBridge, and Actis to Expand Infrastructure Solutions for Private Wealth

Peers

S&P 500SPX · $7,457.69-1.01%American Century Emerging Markets Fund - I ClassAMKIX · $18.58-1.64%Champlain Small Company Fund Institutional ClassCIPNX · $18.57-1.07%Columbia Small Cap Value Fund I Institutional 3 ClassCSVYX · $61.48-0.84%Franklin Gold and Precious Metals AdvFGADX · $43.38-0.71%Goldman Sachs Mid Cap Value Fund Class AGCMAX · $39.69-0.82%Hennessy Focus Fund Investor ClassHFCSX · $36.91-0.73%Lazard International Strategic Eq R6RLITX · $14.42-0.89%SEI Institutional International Trust Emerging Markets Equity Fund Class YSEQFX · $16.61-1.37%ClearBridge Mid Cap Fund Class ISMBYX · $41.49-0.69%Templeton Developing Markets Trust Class CTDMTX · $32.57-1.45%