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), whose subsidiaries operate as Franklin Templeton, generates a steady flow of news across public and private markets, making its BEN news feed relevant for investors, advisors, and market observers. As a global investment management organization serving clients in over 150 countries, Franklin Templeton issues updates on assets under management, product launches, private markets insights, and strategic initiatives across its specialist investment managers.
News for BEN commonly includes monthly and quarterly reports on preliminary assets under management, detailing allocations across equity, fixed income, alternatives, multi-asset strategies, and cash management. The company also announces earnings release dates, teleconferences with senior executives, and commentary on financial results, providing context on business performance and flows across its platforms.
Franklin Templeton’s communications highlight developments in areas such as digital assets and tokenized finance, including tokenized money market funds, blockchain-enabled distribution share classes, and partnerships like the State of Wyoming’s Frontier Stable Token ($FRNT) reserves mandate. Updates from affiliates such as Western Asset Management, Benefit Street Partners, and Lexington Partners cover topics like institutional money market fund enhancements, private credit and real estate debt fundraising, and secondary private equity activity.
Investors following BEN news can also track corporate actions and governance items disclosed through press releases and related filings, such as dividend announcements, share repurchase authorizations, and information about the company’s multi-year strategic plan. For those monitoring trends in private markets, digital asset innovation, and global asset management, the BEN news stream offers a consolidated view of Franklin Resources’ latest announcements and perspectives.
Franklin Templeton has launched two new digital asset separately managed account (SMA) strategies through Eaglebrook Advisors, set to become available to investment professionals in mid-October. The Digital Assets Core strategy targets the largest digital assets, while the Digital Assets Core Capped strategy limits Bitcoin and Ethereum holdings to 25%. These initiatives aim to enhance Franklin Templeton’s offerings in the evolving digital asset landscape, reinforcing their commitment to advisors and clients amid growing market interest.
Franklin Templeton has appointed Jamie Gordon as Senior Vice President, Senior Consultant Advisor, US Institutional. Gordon, with 25 years of financial services experience, will strengthen relationships with key consulting partners on the East Coast. Reporting to Mike Foley, he aims to enhance service delivery for institutional clients. Gordon previously worked at Income Research + Management, JPMorgan Securities, and Prudential Securities. This appointment follows the recent hiring of John Ivanac as a consultant advisor for alternative investments.
Templeton Global Income Fund (NYSE: GIM) announced the estimated sources of distribution for its August 31, 2022 payment. The distribution per share is $0.0311, with 52% from net investment income and 48% as a return of capital. Cumulative distributions for 2022 total $0.2444 per share, consisting of 39% net investment income and 61% return of capital. The fund operates a managed distribution plan aiming for an 8% annual fixed rate but warns that returns may not reflect actual performance. Shareholders are advised that distributions may involve returns of capital, not income.
Templeton Emerging Markets Income Fund (NYSE: TEI) announced estimated sources of its August 2022 distribution of $0.0463 per share. Of this, 73% is derived from net investment income, while 27% represents a return of capital. For the fiscal year to date, the total distribution per share is $0.4264, consisting of 60% net investment income and 40% return of capital. Shareholders are cautioned against interpreting distribution amounts as an indicator of investment performance, as returns of capital may occur and do not reflect yield. The managed distribution plan aims for a fixed annual rate of 10% but carries no guarantees.
Franklin Universal Trust (NYSE: FT) announced the estimated sources of distributions for the month ending August 31, 2022. The August monthly distribution is $0.0425 per share, with net investment income contributing $0.0310 (73%) and a return of capital of $0.0115 (27%). For the fiscal year-to-date, the cumulative distribution is $0.5067 per share, primarily from net investment income (74%). Shareholders are advised that a portion of the distribution may consist of a return of capital, which does not reflect the fund’s investment performance.
Franklin Limited Duration Income Trust (FTF) announced its estimated sources for the upcoming distribution on August 31, 2022. The distribution per share is estimated at
Franklin Resources, Inc. (NYSE: BEN) declared a quarterly cash dividend of $0.29 per share, payable on October 14, 2022. This dividend, unchanged from the previous quarter, marks an approximate 4% increase compared to the same quarter last year. The record date for stockholders is September 30, 2022. Franklin Templeton, the operating subsidiary, manages about $1.4 trillion in assets globally, providing investment management across multiple asset classes for clients in over 155 countries.
Fiduciary Trust International, a subsidiary of Franklin Templeton, has appointed Sam Fraenkel as a wealth director in Coral Gables, Florida. With extensive investment experience, Fraenkel aims to enhance client service in a growing South Florida market. His prior roles include head of mergers and acquisitions at REDZONE and head of equity research at Beacon Trust. The firm emphasizes its commitment to personalized wealth management and currently oversees more than $86 billion in assets.
Clarion Partners Real Estate Income Fund has acquired the Rojas East Distribution Center in El Paso, Texas, adding two fully leased warehouse buildings totaling 369,310 square feet. The transaction, facilitated by JLL Capital Markets and Hunt Southwest, positions CPREIF to benefit from El Paso's strong international trade ties, with over $123 billion in cross-border commerce in 2021. The property offers Class A specifications and is strategically located near key logistics routes, enhancing its potential for future growth.
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