Franklin Resources Inc Stock Price, News & Analysis

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 $2.8 billion in Q4 2021 and $7.7 billion for the full year, managing over $36 billion in assets as of November 30, 2021. Its Business Development Companies (BDCs) also had strong performances, including FBLC's record $1.5 billion in commitments and FBCC's $500 million. CEO Thomas Gahan highlighted a strong pipeline for 2022, indicating ongoing growth prospects.

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.