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, trading under the ticker symbol BEN, generates news across multiple dimensions of the global asset management industry. As one of the world's largest investment managers operating through the Franklin Templeton brand family, the company's announcements span fund performance updates, strategic acquisitions, product launches, and regulatory developments affecting both the firm and the broader investment management sector.
Investment performance drives significant news coverage, particularly for the firm's flagship fixed income and international equity strategies that have defined its market position for decades. Quarterly earnings reports reveal trends in assets under management, fee revenues, and net client flows—metrics that reflect both market movements and the company's competitive standing. Franklin Resources' multi-brand structure means news may originate from any of its specialized subsidiaries, including Western Asset Management, Legg Mason, Clarion Partners, or other investment teams managing distinct strategies.
Strategic developments represent another major news category for Franklin Resources. Acquisitions that expand the firm's capabilities into new asset classes or geographic markets generate substantial coverage, as do partnerships involving the company's blockchain technology platform for tokenized investment products. Product launches, particularly in the growing exchange-traded fund segment and alternative investments, signal the firm's response to evolving client preferences and market opportunities. Regulatory filings including proxy statements reveal executive compensation structures and governance matters relevant to shareholders of this publicly traded investment manager.
For investors tracking Franklin Resources, this news feed provides comprehensive coverage of material developments affecting the company's business operations, competitive positioning, and financial performance. Bookmark this page to monitor announcements from one of the asset management industry's most established firms serving retail, institutional, and high-net-worth clients worldwide.
Franklin Limited Duration Income Trust (NYSE American: FTF) announced a monthly distribution of $0.0783 per common share, payable on June 15, 2021, to shareholders of record on May 28, 2021. The Fund operates under a managed distribution plan with a fixed annual rate of 10% based on the average monthly net asset value. Distributions may include capital gains and/or return of capital if investment income is insufficient. The Board retains the right to amend or terminate the plan, potentially impacting share prices. Franklin Resources, Inc. (NYSE: BEN) oversees approximately $1.5 trillion in assets under management.
The Franklin Limited Duration Income Trust (FTF) has declared a dividend of $0.0783 per common share, payable on May 14, 2021, to shareholders of record as of April 30, 2021.
Of this dividend, $0.0516 per share is net investment income and $0.0267 per share is a return of principal. The Fund has adopted a managed distribution plan, committing to a fixed minimum annual distribution of 10% based on its average monthly net asset value. However, the plan's success to reduce market price discount is not guaranteed.
Franklin Resources, Inc. (NYSE: BEN) reported preliminary assets under management (AUM) of $1,529.3 billion as of April 30, 2021, a rise from $1,498.9 billion at March 31, 2021. This growth was primarily driven by market performance, with approximately flat long-term net flows. However, net outflows included around $400 million from India credit funds undergoing liquidation. The AUM breakdown shows Fixed Income at $651.1 billion, Equity at $531.2 billion, and long-term assets at $1,468.9 billion.
Franklin Resources, Inc. (NYSE: BEN) reported a strong financial performance for the quarter ending March 31, 2021. Net income surged to $381.8 million or $0.74 per diluted share, marking an 11% increase from the previous quarter. Adjusted net income reached $403.5 million with diluted earnings per share of $0.79, an 8% rise quarter-over-quarter. Operating revenues rose by 4% to $2.08 billion, a significant 58% increase year-over-year. The firm experienced positive net inflows in alternative assets totaling $6.2 billion, doubling the previous quarter. Total assets under management stood at $1.498 trillion.
Templeton Emerging Markets Income Fund (TEI) announced a monthly distribution of $0.0852 per share from net investment income, payable on May 28, 2021. Shareholders of record will be those noted on May 17, 2021, with an Ex-Dividend Date set for May 14, 2021. This distribution reflects the fund's commitment to returning income to its investors. Additionally, Franklin Resources, Inc. (BEN), the fund's management organization, has a significant presence in the investment sector, boasting over $1.5 trillion in assets under management.
Templeton Global Income Fund (GIM) declared a monthly distribution of $0.0368 per share, payable on May 28, 2021, to shareholders recorded on May 17, 2021 (Ex-Dividend Date: May 14, 2021). The Fund operates under a managed distribution plan, targeting a minimum annual rate of 7.5% based on average monthly net asset value (NAV). This plan seeks to provide a consistent distribution, though there are no guarantees of success. Distributions may include capital returns if net income is insufficient, which does not equate to investment performance. Franklin Resources, Inc. (BEN) manages the Fund, focusing on enhancing client investment outcomes.
On May 4, 2021, Franklin Resources, Inc. (NYSE: BEN) will disclose its Q2 2021 operating results at 8:30 a.m. ET, with a commentary available on its investor relations website. A live teleconference, led by key executives including CEO Jenny Johnson, will follow at 10:00 a.m. ET for Q&A. Replay options will be accessible until May 11, 2021. Franklin Templeton, founded over 70 years ago, manages approximately $1.5 trillion in assets across various investment strategies in 165 countries.
Royce Investment Partners announces Boniface "Buzz" Zaino as the new lead for the portfolio management team of the Royce Opportunity Fund. Zaino has a significant history with this strategy, having transitioned to Senior Advisor in October 2018. He is joined by three portfolio managers with extensive experience. This leadership change follows the resignation of four key team members on April 20, 2021. Zaino expressed excitement about current market opportunities in small- and micro-cap stocks, which the strategy has targeted since 1998, focusing on themes such as turnarounds and undervalued growth.
Franklin Universal Trust (NYSE: FT) announced a distribution of $0.0320 per share, scheduled for payment on May 14, 2021. Shareholders must be on record by April 30, 2021, with an ex-dividend date of April 29, 2021. The amount of distributions may fluctuate based on the fund’s net investment income. Franklin Resources, Inc. (NYSE: BEN), the managing organization, has over $1.5 trillion in assets under management as of March 31, 2021, and serves clients globally. All investments carry risks, including potential loss of principal.
Franklin Limited Duration Income Trust (FTF) announced a distribution of $0.0783 per common share, payable on May 14, 2021. Shareholders of record will be those listed on April 30, 2021. Under a managed distribution plan, the Fund aims for a minimum fixed rate of 10% annually, calculated from the average monthly net asset value (NAV). The Board can amend or terminate this plan anytime, affecting market price. Distributions may also include returns of capital, impacting total assets and potentially increasing the expense ratio.
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