Welcome to our dedicated page for Franklin Resources SEC filings (Ticker: BEN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Franklin Resources, Inc. filings document the regulatory record for Franklin Templeton as a NYSE-listed investment management company. The company’s 8-K reports disclose quarterly and annual operating results, Regulation FD earnings commentary, material agreements, credit-facility obligations, share repurchase authorizations and other capital-structure matters.
Proxy and meeting filings cover board elections, shareholder voting results, executive compensation, employee stock investment plans and universal stock incentive plan authorizations. The filing record also includes leadership and compensation disclosures, governance matters, common stock registration information, and regulatory or risk-related updates involving Western Asset Management, a wholly owned subsidiary.
Franklin Resources’ subsidiary Western Asset Management reached a settlement with the SEC on June 4, 2026, agreeing to pay a $100 million civil penalty into a Fair Fund for investors. The settlement resolves an SEC investigation into alleged trade allocation issues involving former co-Chief Investment Officer Ken Leech.
Western Asset entered the settlement without admitting wrongdoing and characterized it as a business decision to avoid prolonged litigation and focus on clients. The U.S. Department of Justice separately informed Western Asset it is no longer a subject of its investigation and will take no further action, ending both DOJ and SEC probes.
Franklin Resources, Inc. and its affiliate BSP Fund HoldCo (Debt Strategy) L.P. reported beneficial ownership of 75,000 Class I Shares of Franklin BSP Lending Fund, representing 81.5% of that class, based on 92,066 shares outstanding as of June 1, 2026.
HoldCo acquired the 75,000 shares on January 29, 2026 for a purchase price of $750,000, using its own working capital, and states the investment is to support the fund’s credit-focused strategy. Franklin Resources and HoldCo report sole voting and dispositive power over these shares.
Charles B. Johnson and Rupert H. Johnson Jr. are principal stockholders of Franklin Resources and may be deemed beneficial owners under Rule 13d-3, but each reports zero directly held shares, disclaims pecuniary interest in the 75,000 shares, and states they do not view themselves as part of a Rule 13d-5 group.
Franklin Resources, Inc., through its wholly owned subsidiary BSP Fund HoldCo (Debt Strategy) L.P., reports beneficial ownership of 75,000 Class I shares of Franklin BSP Lending Fund, representing 84.7% of this share class. HoldCo bought these shares on January 29, 2026 for $750,000.00 using its own working capital.
The filing states the shares were acquired for investment and to support the fund’s investment strategy, and that HoldCo and Franklin Resources currently have no plans for corporate actions such as mergers or control changes. The 84.7% interest is based on 88,545 Class I shares outstanding as of May 29, 2026. Named individuals Charles B. Johnson and Rupert H. Johnson, Jr. report zero direct beneficial ownership and disclaim pecuniary interest in the reported shares.
Franklin Resources and affiliates report a 59.2% beneficial stake in Franklin BSP Private Credit Fund’s Advisor Class Shares. They collectively report beneficial ownership of 7,033,676 Advisor Class Shares out of 11,890,270 outstanding as of May 29, 2026.
The stake is mainly held through BSP Fund HoldCo (Debt Strategy) L.P., which owns 4,955,483 shares, and Franklin Advisers, Inc., which manages 2,078,193 shares for Franklin Global Allocation Fund. HoldCo acquired its position through three subscription agreements between 2021 and 2023 for an aggregate purchase price of $49.9 million, funded from working capital. Charles B. Johnson and Rupert H. Johnson, Jr. report no direct holdings and, together with Franklin Resources and Franklin Advisers, disclaim pecuniary interest in the reported shares.
Franklin Resources, Inc. filed an amended ownership report showing beneficial ownership of 30,781,546 Class I shares of Clarion Partners Real Estate Income Fund Inc., representing 28.8% of that share class based on 106,988,904 shares outstanding as of May 27, 2026.
The filing attributes 6,682,751 Class I shares to a Franklin corporate account and 24,098,795 shares to fiduciary accounts managed by its investment management subsidiaries, including Franklin Advisers, Inc. Recent activity includes multiple private purchases from the issuer in March–May 2026 at prices around $11.33–$11.40 per share and redemptions of 1,760,563 Class I shares in April 2026.
Franklin states the shares are held for investment and to facilitate commercial real estate acquisitions and may be increased or decreased over time depending on market conditions, the issuer’s performance, and other factors. The filing also notes that key individuals and entities disclaim pecuniary interest and do not view themselves as a group for regulatory purposes.
Franklin Resources, Inc. reports beneficial ownership of 93,329 Class S shares of Clarion Partners Real Estate Income Fund Inc., representing 70.7% of this share class based on 132,086 shares outstanding as of May 20, 2026. Franklin is the sole holder with voting and dispositive power over these shares.
The position includes 5,223 shares transferred from Legg Mason, Inc. in March 2021 and 88,106 shares purchased on April 16, 2026 for a total of $1,051,085 at $11.35 per share. Franklin states it acquired the shares for investment and to help facilitate the fund’s commercial real estate investments, and may adjust its holdings depending on market and issuer conditions. Charles B. Johnson and Rupert H. Johnson, Jr. report no direct ownership and disclaim pecuniary interest in the shares.
Franklin Resources Inc. filed a Form 13F combination report that discloses aggregated institutional holdings reported through its network of managers. The filing lists 22 other included managers and reports 14,782 information-table entries representing a total market value of $408,304,941,435.
The cover shows the report was signed by Thomas C. Mandia, Assistant Secretary, on 05-08-2026. The filing notes organizational updates among included managers, including the merger of Franklin Managed Options Strategies, LLC into O'Shaughnessy Asset Management, LLC.
Franklin Resources, Inc. filed an amended Schedule 13 beneficial ownership report on Clarion Partners Real Estate Income Fund Inc., stating beneficial ownership of 30,761,381 Class I shares, or 29.8% of the class as of May 1, 2026. These Class I shares have a par value of $0.001 per share.
The stake consists of 6,682,751 Class I shares held in a Franklin Resources corporate account and 24,078,630 shares held for fiduciary accounts managed by its investment management subsidiaries, including Franklin Advisers, Inc. Earlier acquisitions totaled $74,352,346 and $285,008,398 for these blocks.
During March to May 2026, Franklin entities bought additional Class I shares directly from the issuer in private transactions at prices generally around $11.32–$11.40 per share and also redeemed 1,760,563 Class I shares from a corporate account. The position is held for investment and to support the issuer’s commercial real estate investment activities.
King Karen Matsushima reported acquisition or exercise transactions in this Form 4 filing.
Franklin Resources director Karen Matsushima King received a compensation-related award of deferred director’s fees tied to company stock. The award covers 83.7802 units of Deferred Director's Fees (FRI) valued at $29.84 per unit, linked to Franklin Resources common stock performance including reinvested dividends.
These deferred fees represent a hypothetical investment account payable in cash in substantially equal quarterly installments over ten years. Payments begin after the director’s separation from service, starting on the first January 20, April 20, July 20 or October 20 following separation and continuing on those dates thereafter. The award is exercisable based on an assumed separation timing and carries an expiration date of January 20, 2058.
Franklin Resources, Inc. filed an amended Schedule 13D reporting beneficial ownership of 75,000 Class I shares of Franklin BSP Lending Fund, equal to 87.6% of the class based on 85,636 shares outstanding as of April 28, 2026. The shares were acquired by its wholly owned subsidiary BSP Fund HoldCo (Debt Strategy) L.P. on January 29, 2026 for $750,000, or $10.00 per share, using HoldCo’s own working capital. HoldCo states it acquired the shares for investment and to support the fund’s investment strategy, and currently has no additional plans regarding control or further transactions. Charles B. Johnson and Rupert H. Johnson, Jr. each report 0 shares directly and disclaim pecuniary interest and beneficial ownership in the reported shares.