Franklin Resources Inc Stock Price, News & Analysis

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.

Franklin Resources, Inc. (NYSE: BEN) reported preliminary assets under management (AUM) of $1,578.1 billion as of December 31, 2021, marking an increase from $1,546.8 billion in November 2021. This growth was driven by long-term net inflows of $24.1 billion and the acquisition of O’Shaughnessy Asset Management. For the quarter ending December 31, 2021, AUM included $23.5 billion in reinvested distributions and $7.7 billion from acquisitions, despite $3.6 billion in redemptions having minimal revenue impact.

CAIS, a leading alternative investment platform, has secured a $225 million funding round led by Apollo (NYSE: APO) and Motive Partners, with additional investment from Franklin Templeton (NYSE: BEN), raising its valuation to over $1 billion. This funding aims to enhance technology and customer experience as CAIS responds to increased demand, evidenced by a 65% rise in transaction volume and a 60% increase in platform users. Industry leaders will join CAIS's board, marking a significant step in modernizing access to alternative investments.

Templeton Global Income Fund (NYSE: GIM) announced a monthly distribution of $0.0345 per share, payable on January 31, 2022 for shareholders of record on January 18, 2022. The Fund operates under a managed distribution plan, aiming for an annual minimum fixed rate of 7.5%, based on the average monthly net asset value (NAV). The Board can amend or terminate this Plan, which could negatively impact the market price of GIM shares. Actual distribution amounts may vary and will be reported for tax purposes.

Franklin Universal Trust (NYSE: FT) has declared a monthly distribution of $0.0425 per share, payable on January 31, 2022. Shareholders of record on January 18, 2022 will receive this payment, with an ex-dividend date of January 14, 2022. The Trust aims to provide high current income while preserving capital, with variations in distributions based on net investment income. Investors are reminded that past distributions do not guarantee future results, and actual amounts will depend on the Fund's performance and tax regulations.