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Franklin Resources, Inc. - BEN STOCK NEWS

Welcome to our dedicated page for Franklin Resources news (Ticker: BEN), a resource for investors and traders seeking the latest updates and insights on Franklin Resources stock.

Franklin Resources, Inc. (NYSE: BEN), commonly known as Franklin Templeton, is a prominent global investment management organization. With more than 75 years of expertise, Franklin Templeton delivers a suite of investment services aimed at both individual and institutional investors. As of April 2024, the company oversees $1.602 trillion in managed assets, comprising 35% equity, 35% fixed-income, 10% multi-asset/balanced funds, 16% alternatives, and 4% money market funds.

Franklin Templeton is renowned for its diverse portfolio and global reach, with more than a third of its assets under management (AUM) invested in international strategies. Furthermore, approximately 30% of managed assets are sourced from clients outside the United States. The company's client base is balanced between retail investors at 52% and institutional accounts at 46%, with high-net-worth individuals accounting for the remainder.

Recently, the company's subsidiary, ClearBridge Investments, released its seventh annual Stewardship Report, highlighting its commitment to environmental, social, and governance (ESG) factors. With $188 billion in assets under management, ClearBridge actively integrates ESG considerations into its investment process, promoting sustainable practices and responsible investing. In 2023, ClearBridge earned top scores in the U.N.-supported Principles for Responsible Investment (PRI) reporting assessment and joined the Interfaith Center on Corporate Responsibility's Living Wage Statement, advocating for fair wages in line with international human rights standards.

Franklin Templeton's dedication to ESG is further exemplified through ClearBridge's active ownership and engagement strategies. In 2023, ClearBridge voted on over 15,000 shareholder proposals and engaged with more than 1,000 companies to drive positive change. The firm's commitment to diversity and inclusion is also noteworthy, with strong representation of women and people of color among its staff and investment teams.

Franklin Templeton continues to advance the U.N. Sustainable Development Goals (SDGs) through various philanthropic efforts. ClearBridge's partnership with WaterAid since 2013 has improved clean water accessibility in Timor-Leste, directly supporting SDG 6: Clean Water and Sanitation.

With a mission to help clients achieve better outcomes through specialized investment management and wealth management solutions, Franklin Templeton operates with a global presence in over 150 countries. The company leverages its extensive capabilities in fixed income, equity, alternatives, and multi-asset solutions to serve a diverse clientele, bolstered by a team of over 1,500 investment professionals stationed in major financial markets worldwide.

News

Franklin Resources, Inc. Announces Month-End Assets Under Management

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Franklin Templeton reports decrease in assets under management
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Franklin Resources, Inc. to Announce Fourth Quarter and Fiscal Year Results on October 31, 2023

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Franklin Resources, Inc. to release preliminary Q4 and FY 2023 operating results
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Western Asset Inflation-Linked Opportunities & Income Fund (WIW or “the Fund”; CUSIP: 95766R104) Announces Notification of Sources of Distributions

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The Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) has announced its estimated sources of distribution for September 29, 2023, and the fiscal year 2023 year-to-date. The distribution per share is $0.0605, with 100% allocated to net investment income. The cumulative estimated allocations for the fiscal year-to-date are $0.8405 per share, with 100% allocated to net investment income. Shareholders should note that a portion of the distribution may be a return of capital. The Fund's average annual total return for the 5-year period ended on August 31, 2023, is 2.03%, and the annualized distribution rate as of August 31, 2023, is 12.78% of NAV. The cumulative total return for the fiscal period through August 31, 2023, is 0.53%, and the cumulative fiscal year-to-date distribution rate as of August 31, 2023, is 8.24% of NAV.
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Neptune-GBX® & Fiduciary Trust International Team Up to Provide Precious Metals Investors with Institutional-Quality Custodian, Cash Management & Reporting Services

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Neptune-GBX partners with Fiduciary Trust International to simplify investing in precious metals and increase distribution capabilities
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Franklin Templeton Expands Partnership with Janney to Deliver Canvas Custom Indexing Platform

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Franklin Templeton expands partnership with Janney Montgomery Scott to offer tax-managed S&P based-index strategies through Custom Indexing platform, giving Janney financial advisors access to Canvas. The tax-managed strategies aim to deliver similar pre-tax returns as their tracked index while outperforming on an after-tax basis. Franklin Templeton is a leading provider in the SMA industry with $116 billion in SMA assets under management as of June 30, 2023.
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Plugging Into the Energy Transition

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Franklin Templeton created a series to explore clean-energy-oriented business models and technologies that will attract investors.
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Franklin Resources, Inc. Announces Month-End Assets Under Management

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Franklin Resources, Inc. (Franklin Templeton) reported a decrease in assets under management (AUM) from $1.45 trillion in July to $1.42 trillion in August. The decrease was due to negative markets and modest net outflows. Fixed Income AUM decreased from $508.8 billion to $500.2 billion, while Equity AUM decreased from $468.3 billion to $452.3 billion. Cash Management AUM increased slightly from $62.1 billion to $63.1 billion.
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Franklin Resources, Inc. Announces Quarterly Dividend

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Franklin Resources, Inc. announces quarterly cash dividend of $0.30 per share, representing a 3.4% increase over last year's dividend.
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Western Asset Inflation-Linked Opportunities & Income Fund (WIW or “the Fund”; CUSIP: 95766R104) Announces Notification of Sources of Distributions

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WIW estimated distribution for August 2023 is $0.0605 per share, with 100% from net investment income. Cumulative estimated distribution for fiscal year 2023 is $0.7800 per share, also 100% from net investment income. Shareholders should not draw conclusions about investment performance from distribution amount. Return of capital may occur. Actual amounts and sources for tax reporting purposes may vary. Average annual total return for 5-year period is 2.23%. Annualized distribution rate as of July 31, 2023, is 6.94%. Cumulative total return for fiscal period is 2.48%. Cumulative fiscal year-to-date distribution rate is 7.46%.
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Fiduciary Trust International Welcomes Christina D’Elia as Trust Counsel in NYC Office

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Christina C. D’Elia joins Fiduciary Trust International as trust counsel, bringing expertise in trust and estate planning and administration, corporate fiduciary practices, and risk management.
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FAQ

What is the current stock price of Franklin Resources (BEN)?

The current stock price of Franklin Resources (BEN) is $21.67 as of November 15, 2024.

What is the market cap of Franklin Resources (BEN)?

The market cap of Franklin Resources (BEN) is approximately 11.2B.

What is Franklin Resources, Inc.?

Franklin Resources, Inc. (NYSE: BEN), also known as Franklin Templeton, is a global investment management organization managing a diverse range of assets and serving individual and institutional investors worldwide.

How many assets does Franklin Templeton manage?

As of April 2024, Franklin Templeton manages $1.602 trillion in assets, including equity, fixed-income, multi-asset, alternatives, and money market funds.

What types of clients does Franklin Templeton serve?

Franklin Templeton serves both retail investors (52% of AUM) and institutional accounts (46% of AUM), with high-net-worth clients accounting for the remaining portion.

What is the focus of ClearBridge Investments?

ClearBridge Investments, a subsidiary of Franklin Templeton, focuses on integrating environmental, social, and governance (ESG) factors into its investment process to promote sustainable practices and responsible investing.

How does Franklin Templeton contribute to ESG initiatives?

Franklin Templeton, through ClearBridge Investments, actively engages in ESG initiatives by voting on shareholder proposals, engaging with companies, and participating in efforts like the U.N. Sustainable Development Goals and WaterAid projects.

What are some recent achievements of ClearBridge Investments?

In 2023, ClearBridge earned top scores in the U.N.-supported Principles for Responsible Investment (PRI) reporting assessment, joined the Interfaith Center on Corporate Responsibility's Living Wage Statement, and enhanced its ESG policies.

Where does Franklin Templeton operate?

Franklin Templeton operates in over 150 countries, with offices in major financial markets worldwide, providing a global reach for its investment services.

How does Franklin Templeton ensure diversity and inclusion?

Franklin Templeton promotes diversity and inclusion by maintaining strong representation of women and people of color among its workforce, with ongoing efforts to increase diversity within its investment teams.

What is the mission of Franklin Templeton?

The mission of Franklin Templeton is to help clients achieve better outcomes through specialized investment management, wealth management, and technology solutions.

How does Franklin Templeton support the U.N. Sustainable Development Goals (SDGs)?

Franklin Templeton supports the U.N. SDGs through active public equity ownership and philanthropic efforts, such as its partnership with WaterAid to improve clean water accessibility in Timor-Leste.

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Franklin Resources, Inc.

NYSE:BEN

BEN Rankings

#788 Ranked by Market Cap
#477 Ranked by Dividends

BEN Stock Data

11.23B
523.00M
46.85%
44.9%
6.21%
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