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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.
Franklin Universal Trust (NYSE: FT) announced the estimated sources of its upcoming distributions scheduled for January 31, 2022. For December 2021, the distribution is set at $0.0425 per share, primarily from return of capital (97%). For the fiscal year-to-date ending August 31, 2022, the total distribution per share is estimated at $0.2092, with 73% attributed to net investment income. The fund's objectives focus on providing high current income while preserving capital. Shareholders should understand that distributions may include a return of capital.
On January 27, 2022, Ascensus announced a partnership with Franklin Templeton to host its Personal Retirement Path managed account services. This initiative aims to enhance retirement savings for individual investors through personalized portfolio management. The Goals Optimization Engine (GOE™) will enable tailored financial solutions, benefiting from Franklin Templeton's extensive expertise in multi-asset investments. The collaboration reflects Ascensus' commitment to offering diverse retirement options since its managed account services expansion in September 2020.
Benefit Street Partners L.L.C. (BSP) reported record originations of
On February 1, 2022, at 8:30 a.m. ET, Franklin Resources, Inc. (NYSE:BEN) will announce its first-quarter operating results. A written commentary will be available on their investor relations website simultaneously. Following the release, a teleconference led by CEO Jenny Johnson and CFO Matthew Nicholls is scheduled for 11:00 a.m. ET, providing an opportunity for investors to ask questions. Franklin Resources manages over $1.5 trillion in assets across more than 165 countries, emphasizing client outcomes through investment management and technology solutions.
Franklin Templeton has launched a global brand campaign, ‘Hello progress℠’, aimed at rebranding and underlining its innovation-focused approach. The campaign highlights the firm’s evolution following the acquisition of Legg Mason, showcasing enhanced boutique specialization and comprehensive investment solutions. Set to run in 14 countries, it aims to attract retail and institutional investors, leveraging diverse media channels. Franklin Templeton manages over $1.5 trillion in assets, with a commitment to client-centric innovation and a legacy of 75 years in investment management.
AdvisorEngine has transformed its Junxure CRM into AdvisorEngine CRM, enhancing productivity with a new technology architecture. Key features include flexible personalization, advanced prospecting tools, and a modern user experience. The platform enables investment advisory firms to customize their workflows without needing extensive consulting, thus saving on costs. This development reflects four years of strategic improvements aimed at aligning the product with modern financial advisory practices, benefitting both new and existing clients.
Franklin Universal Trust (NYSE: FT) announced its estimated sources of distributions for the fiscal year 2022 through December 31, 2021. The upcoming distribution, payable on January 14, 2022, is estimated at $0.0817 per share. This includes net investment income of $0.0311 (38%), and net realized short-term capital gains of $0.0506 (62%). Year-to-date estimates indicate a cumulative distribution of $0.1275 per share, with a current annualized distribution rate of 11.44%. The Fund emphasizes that these amounts are estimates and may be subject to change based on future investment performance.
Franklin Limited Duration Income Trust (FTF) announced its estimated sources of distribution for January 14, 2022, detailing a total distribution of $0.0756 per share. This includes 53% from net investment income and 39% as a return of capital. The Fund's Board authorized a managed distribution plan aiming for a minimum annual rate of 10% based on the average monthly NAV. As of November 30, 2021, FTF's average annual total return was 2.69%, while its annualized distribution rate was 10.16%. Shareholders are cautioned that the distribution does not reflect the Fund's investment performance.
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