Franklin Resources Inc (BEN)

Franklin Templeton Launches YCLO, an Actively Managed Investment Grade CLO ETFJune 4, 2026 9:54 AM
Business Wire Actively managed ETF invests predominantly in investment grade CLO debt tranches across U.S. and European markets Franklin Templeton, a global investment leader, today announced the launch of the Franklin BSP CLO ETF (YCLO or the Fund), an actively managed CLO ETF designed to seek capital preservation and current income by investing predominantly in investment grade collateralized loan obligation (CLO) debt tranches across U.S. and European markets. The Fund is managed by Franklin Advisers, Inc., with sub-advisory services provided by Benefit Street Partners (BSP), Franklin Templeton’s alternative credit specialist investment manager. The Fund draws on the scale and depth of BSP’s Structured Credit platform, which was founded in 2009 and manages over $9 billion of AUM. The strategy is led by Cathy Bevan and Brandon Chao, who each have more than 20 years of industry experience and have worked together for nearly a decade. The team invests using rigorous credit underwriting, portfolio construction, and active risk management. “YCLO provides access to a compelling institutional asset class that offers floating-rate income, structural protections, and diversification potential within traditional fixed income portfolios,” said Cathy Bevan, Global Head of BSP Structured Credit. “What differentiates YCLO is the ability to invest dynamically across both U.S. and European CLO markets. We believe our global presence gives us a broader opportunity set and a deeper relative value perspective.” “The CLO market and its investor base have continued to grow, while performance across CLO securities has become more differentiated in today’s market environment,” said Brandon Chao, CFA, Portfolio Manager, BSP Structured Credit. “This creates opportunities for BSP to apply its global relative value approach and active risk management within an ETF structure.” “We are proud to bring BSP’s first ETF to market and expand Franklin Templeton’s ETF platform into CLOs,” said Jeff Masom, Head of U.S. Distribution and Global Wealth Management Private Markets at Franklin Templeton. “YCLO combines BSP’s deep CLO expertise with Franklin Templeton’s scale, distribution reach and ETF capabilities, giving advisors and investors access to an actively managed approach to CLO debt. As market conditions continue to evolve, we believe strategies like YCLO can play an important role in helping clients access differentiated sources of income through a familiar and efficient ETF structure.” For more information, please visit Franklin Templeton ETFs and ETPs. About Franklin Templeton Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity. To learn more, visit franklintempleton.com and follow us on LinkedIn. Franklin Resources, Inc. [NYSE: BEN] About Benefit Street Partners L.L.C. Benefit Street Partners L.L.C. (“BSP”) is an alternative credit pioneer with $93 billion1 in assets under management (including Apera). It seeks to deliver attractive, risk-adjusted returns through its deep specialism, long-term relationships and global reach. A wholly owned subsidiary of Franklin Templeton, BSP is focused on credit. Through its disciplined, solutions-oriented approach, BSP unlocks opportunities across market cycles and geographies. The firm manages strategies spanning private debt, real estate debt, structured credit, and liquid loans. For more information, visit bspcredit.com. BSP’s $93 billion AUM is an estimate as of 3/31/2026 and includes Apera Asset Management. Important Information ETFs and ETPs trade like stocks, fluctuate in market value and may trade at prices above or below the ETFs/ETPs net asset value. Brokerage commissions and ETF/ETP expenses will reduce returns.
ETF/ETP shares may be bought or sold throughout the day at their market price, not their Net Asset Value (NAV), on the exchange on which they are listed. Shares of ETFs/ETPs are tradable on secondary markets and may trade either at a premium or a discount to their NAV on the secondary market. All investments involve risks, including possible loss of principal. Collateralized Loan Obligations (CLOs) are complex investments and not suitable for all investors. CLOs carry risks largely dependent on the type of collateral held by the special purpose entity (SPE) and the tranche of the CLO in which the Fund invests. Although the Fund will invest primarily in investment grade-rated tranches, ratings may be downgraded, and even highly rated tranches can face defaults in stressed markets. CLOs are managed by independent entities responsible for selecting and managing the underlying loan collateral, adding another layer of risk. An investment in a CLO can lose value. Floating-rate loans and debt securities are typically rated below investment grade and are subject to greater risk of default, which could result in loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. Liquidity risk exists when securities or other investments become more difficult to sell, or are unable to be sold, at the price at which they have been valued. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. The portfolio is, or could become, non-diversified and may invest in a relatively small number of issuers, which may negatively impact the performance and result in greater fluctuation in value. The fund is newly organized, with a limited history of operations. These and other risks are discussed in the fund’s prospectus. Franklin Distributors, LLC Member FINRA/SIPC View source version on businesswire.com: https://www.businesswire.com/news/home/20260603808922/en/ Franklin Resources, Inc.
Media Relations: Eloise Cappelletti (917) 663 6558,
eloise.cappelletti@franklintempleton.com Original: Franklin Templeton Launches YCLO, an Actively Managed Investment Grade CLO ETF

Franklin Resources, Inc. Announces Preliminary Month-End Assets Under ManagementJune 3, 2026 5:39 PM
Business Wire Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.78 trillion at May 31, 2026, compared to $1.75 trillion at April 30, 2026. This month’s increase in preliminary AUM reflected the positive impact of markets and long-term net inflows of $4 billion, inclusive of $1 billion of long-term net inflows at Western Asset Management1. By Asset Class: (In USD billions) Preliminary 31-May-26 30-Apr-26 31-Mar-26 31-Dec-25 31-May-25 Equity $751.5 $724.3 $669.7 $697.2 $630.8 Fixed Income 440.7 437.5 434.3 437.7 438.9 Alternative 289.5 287.5 282.8 273.8 254.4 Multi-Asset 219.1 217.2 207.5 198.8 178.3 Long Term: 1,700.8 1,666.5 1,594.3 1,607.5 1,502.4 Cash Management 78.8 79.9 87.8 76.5 71.0 Total Ending AUM $1,779.6 $1,746.4 $1,682.1 $1,684.0 $1,573.4   1 As of May 31, 2026, Western Asset Management had preliminary AUM of $216 billion, compared to $216 billion at April 30, 2026. This month’s preliminary AUM reflected the positive impact of markets and the aforementioned preliminary long-term net inflows of $1 billion, partially offset by preliminary cash management net outflows of $2 billion. About Franklin Templeton Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity. Forward-Looking Statements The financial results in this press release are preliminary. Some of the statements herein may include forward-looking statements that reflect our current views with respect to future events, financial performance and market conditions. Such statements are provided under the “safe harbor” protection of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate solely to historical or current facts and generally can be identified by words or phrases written in the future tense and/or preceded by words such as “anticipate,” “believe,” “could,” “depends,” “estimate,” “expect,” “intend,” “likely,” “may,” “plan,” “potential,” “preliminary,” “seek,” “should,” “will,” “would,” or other - similar words or variations thereof, or the negative thereof, but these terms are not the exclusive means of identifying such statements. Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors that may cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements, including market and volatility risks, investment performance and reputational risks, global operational risks, competition and distribution risks, third-party risks, technology and security risks, human capital risks, cash management risks, and legal and regulatory risks. While forward-looking statements are our best prediction at the time that they are made, you should not rely on them and are cautioned against doing so. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other possible future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. They are neither statements of historical fact nor guarantees or assurances of future performance. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. These and other risks, uncertainties and other important factors are described in more detail in our recent filings with the U.S. Securities and Exchange Commission, including, without limitation, in Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024 and our subsequent Quarterly Reports on Form 10-Q. If a circumstance occurs after the date of this press release that causes any of our forward-looking statements to be inaccurate, whether as a result of new information, future developments or otherwise, we undertake no obligation to announce publicly the change to our expectations, or to make any revision to our forward-looking statements, to reflect any change in assumptions, beliefs or expectations, or any change in events, conditions or circumstances upon which any forward-looking statement is based, unless required by law. To learn more, visit franklintempleton.com and follow us on LinkedIn. Franklin Resources, Inc. [NYSE: BEN] View source version on businesswire.com: https://www.businesswire.com/news/home/20260603736096/en/ Franklin Resources, Inc. Investor Relations:
Selene Oh (650) 312-4091
selene.oh@franklintempleton.com Media Relations:
Jeaneen Terrio (212) 632-4005
jeaneen.terrio@franklintempleton.com Website:
investors.franklinresources.com Original: Franklin Resources, Inc. Announces Preliminary Month-End Assets Under Management

Franklin Templeton and MoonPay Partner to Expand Institutional Access to Tokenized Money Market FundsJune 2, 2026 9:29 AM
Business Wire Partnership connects Franklin Templeton’s Benji Technology Platform with MoonPay Trade’s institutional infrastructure to support stablecoin and tokenized money market fund exposure Franklin Templeton and MoonPay today announced a strategic partnership to make tokenized financial products more accessible and usable across the onchain financial ecosystem. The initial integration connects Franklin Templeton’s Benji Technology Platform with MoonPay Trade’s institutional trading infrastructure, allowing eligible institutional users to move between supported stablecoins and Franklin Templeton tokenized money market fund exposure through a fully onchain execution experience. Adding BENJI to MoonPay Trade serves as one of MoonPay’s first expansions beyond crypto, fiat, and stablecoins, introducing a new use case at the intersection of stablecoins, tokenized funds, and onchain capital markets. By using MoonPay Trade’s existing quote, routing, execution, and network, the partnership is designed to make Franklin Templeton’s tokenized money market fund suite easier to use across institutional onchain workflows. For existing holders, it creates another pathway back into stablecoin liquidity, supporting greater flexibility across onchain treasury, liquidity management, portfolio rebalancing, and collateral-adjacent use cases. “Tokenized money market funds only become more useful when they can move with the speed and programmability of the broader digital asset ecosystem,” said Sandy Kaul, Head of Innovation and Digital Assets at Franklin Templeton. “For us, leadership in this space means doing the work to make that unlock possible, and teaming up with MoonPay creates another trusted gateway for institutions to move between stablecoin liquidity and tokenized fund exposure.” The partnership also builds on Franklin Templeton’s long-standing commitment to developing regulated, blockchain-enabled investment solutions and expanding their utility within institutional workflows, while marking an important step in MoonPay Trade’s expansion into tokenized finance and real-world asset infrastructure. "Digital assets like tokenized money market funds provide benefits like improved liquidity and capital efficiency, but only if institutions have access to the onchain financial ecosystem," said Caroline D. Pham, CEO of MoonPay Institutional. "MoonPay’s strategic partnership with Franklin Templeton on liquidity and collateral solutions showcases the latest innovations driving institutional adoption of digital assets." This partnership is expected to serve as the foundation for a broader strategic relationship between Franklin Templeton and MoonPay, focused on expanding trusted access to onchain financial markets. Franklin Templeton is a pioneer in digital asset investing and blockchain innovation, combining tokenomics research, data science, and technical expertise to deliver cutting-edge solutions since 2018. The Benji Technology Platform is Franklin Templeton’s proprietary blockchain-enabled recordkeeping and transfer agency infrastructure that supports tokenized investment products across retail and institutional channels. Using this platform, Franklin Templeton launched the world’s first U.S.-registered mutual fund to use blockchain technology for transaction processing. In 2024 the firm leveraged the Platform to launch the first fully tokenized UCITS fund in Luxembourg, and launched the first retail tokenized fund in Singapore in 2025. In April 2026, Frankin Templeton announced the incorporation of BENJI tokens as payment consideration in the planned acquisition of 250 Digital, marking an important and innovative step toward conducting M&A transactions on chain. In the U.S., BENJI is available to retail investors through the Benji Investments mobile application on iOS and Android. Global institutions can access the platform through the Benji Institutional web portal. About Franklin Templeton Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity. With $1.74 trillion in assets under management as of April 30, 2026, Franklin Templeton operates globally in more than 35 countries. To learn more, visit franklintempleton.com and follow us on LinkedIn. Franklin Resources, Inc. [NYSE: BEN] About MoonPay Founded in 2019, MoonPay is a global financial technology company that helps businesses and consumers move value across fiat and digital assets. MoonPay has more than 30 million customers across 180 countries and supports more than 500 enterprise customers spanning crypto and fintech. Through a single integration, MoonPay powers on- and off-ramps, trading, crypto payments, and stablecoin infrastructure, connecting traditional payment rails with blockchains. MoonPay maintains a broad regulatory footprint, including a New York BitLicense, a New York Limited Purpose Trust Charter, and money transmitter licenses across the United States, as well as MiCA authorization in the EU. MoonPay is how the world moves value. MoonPay Institutional provides integrated technology solutions that are natively on-chain and interoperable across multiple protocol networks, with KYC and compliance tools for the entire digital asset transaction flow from wallet infrastructure, custody, on-chain order routing and trade execution, and collateral operations to stablecoin settlement. Copyright © 2026. Franklin Templeton. All rights reserved. Important Risk Information There are risks associated with the issuance, redemption, transfer, custody, and record keeping of shares maintained and recorded primarily on a blockchain. For example, shares that are issued using blockchain technology would be subject to risks (including the following: blockchain is a rapidly-evolving regulatory landscape in the United States and in other countries, which might result in security, privacy or other regulatory concerns that could require changes to the way transactions in the shares are recorded. Some statements may be forward-looking and reflect our current views about future events, financial performance and market conditions. These statements are provided under the safe harbor protection of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those not related solely to historical or current facts and can often be identified by words or phrases written in the future tense and/or preceded by words such as “anticipate,” “believe,” “could,” “depends,” “estimate,” “expect,” “intend,” “likely,” “may,” “plan,” “potential,” “preliminary,” “seek,” “should,” “will,” “would” or similar terms, though these are not the only ways such statements may appear. Forward-looking statements involve known and unknown risks, uncertainties and other factors that are difficult to predict and may cause actual results to differ materially from outcomes expressed or implied by the statements. These factors include market and volatility risks, investment performance and reputational risks, global operational risks, competition and distribution risks, third-party risks, technology and security risks, human capital risks, cash management risks, and legal and regulatory risks. Although forward-looking statements reflect our expectations, at the time made, about our business, the economy and possible future conditions, you should not rely on them. They are not guarantees of performance, and new factors may arise that we cannot foresee. These risks and other important factors are described in our recent filings with the U.S. Securities and Exchange Commission, including Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the fiscal year ended October 31, 2025, and subsequent Quarterly Reports on Form 10-Q. We undertake no obligation to update any forward-looking statements to reflect new information, future developments or other changes unless required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260602701189/en/ Franklin Templeton
Public Relations:
Rebecca Radosevich (212) 632-3207
rebecca.radosevich@franklintempleton.com Original: Franklin Templeton and MoonPay Partner to Expand Institutional Access to Tokenized Money Market Funds

Franklin Templeton Canada Announces ETF Cash DistributionsMay 22, 2026 4:05 PM
PR Newswire (Canada) TORONTO, May 22, 2026 /CNW/ - Franklin Templeton Canada today announced cash distributions for certain ETFs and ETF series of mutual funds available to Canadian investors. As detailed in the table below, unitholders of record as of May 29, 2026, will receive a per-unit cash distribution payable on June 8, 2026.
Fund NameTickerTypeCash Distribution 
Per Unit($)  Payment FrequencyFranklin Brandywine Global Income Optimiser Fund – ETF SeriesFBGOActive0.094344MonthlyFranklin ClearBridge Global Infrastructure Income Fund – ETF SeriesFCIIActive0.160245MonthlyFranklin Canadian Government Bond Fund – ETF SeriesFGOVActive0.053797MonthlyFranklin Canadian Ultra Short Term Bond Fund – ETF SeriesFHISActive0.054511MonthlyFranklin Canadian Corporate Bond Fund – ETF SeriesFLCIActive0.063379MonthlyFranklin Canadian Core Plus Bond Fund – ETF SeriesFLCPActive0.050785MonthlyFranklin Global Core Bond Fund – ETF SeriesFLGAActive0.042182MonthlyFranklin Canadian Short Term Bond Fund – ETF SeriesFLSDActive0.051607MonthlyFranklin Canadian Low Volatility High Dividend Index ETFFLVCPassive0.052546MonthlyFranklin U.S. Low Volatility High Dividend Index ETFFLVUPassive0.048319MonthlyAs detailed in the table below, unitholders of record as of June 19, 2026, will receive a per-unit cash distribution payable on June 29, 2026.Fund NameTickerTypeCash Distribution Per Unit($)Payment FrequencyFranklin U.S. Quality Moat Dividend Index ETFFDIVPassive0.053741QuarterlyFranklin FTSE India Index ETFFIDPassive0.000000Semi-annuallyFranklin FTSE U.S. Index ETFFLAMPassive0.150474QuarterlyFranklin FTSE Canada All Cap Index ETFFLCDPassive0.259264QuarterlyFranklin Emerging Markets Equity Index ETFFLEMPassive0.157710Semi-annuallyFranklin FTSE Japan Index ETFFLJAPassive0.024433Semi-annuallyFranklin International Equity Index ETFFLURPassive0.346916Semi-annuallyFranklin U.S. Large Cap Multifactor Index ETFFLUSSmart Beta0.093431QuarterlyFranklin U.S. Mid Cap Multifactor Index ETFFMIDSmart Beta0.054504QuarterlyFranklin Templeton's diverse and innovative ETF platform was built to provide better client outcomes for a range of market conditions and investment opportunities. The product suite offers active, smart beta and passive ETFs that span multiple asset classes and geographies. For more information, please visit franklintempleton.ca/etf.About Franklin Templeton
Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients' strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity.With more than $1.7 trillion (US) in assets under management as of April 30, 2026, Franklin Templeton operates globally in more than 35 countries.In Canada, Franklin Templeton operates as Franklin Templeton Canada, a business name used by Franklin Templeton Investments Corp. To learn more, visit franklintempleton.ca and follow us on LinkedIn.Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds and ETFs. ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETF's net asset value Investors should carefully consider a mutual fund and ETF's investment objectives and strategies, risks, fees and expenses before investing.  Investors should carefully consider a mutual fund and ETF's investment objectives and strategies, risks, fees and expenses before investing. The simplified prospectus and fund fact/ETF facts contain this and other information. Please read the simplified prospectus and fund fact/ETF facts document carefully before investing. Mutual funds and ETFs are not guaranteed. Their values change frequently. Past performance may not be repeated.Franklin Resources, Inc. [NYSE: BEN]Copyright © 2026. Franklin Templeton. All rights reserved. Website: franklintempleton.caSOURCE Franklin Templeton Investments Corp. Original: Franklin Templeton Canada Announces ETF Cash Distributions

Franklin Templeton Canada annonce une distribution de FNB en espècesMay 22, 2026 4:05 PM
PR Newswire (Canada) TORONTO, le 22 mai 2026 /CNW/ - Franklin Templeton Canada annoncé aujourd'hui les distributions en espèces de certains FNB et de certaines séries de FNB de fonds communs de placement offerts aux investisseurs canadiens. Comme détaillé au tableau ci-dessous, les détenteurs de parts inscrits en date du 29 mai 2026 recevront une distribution en espèces par unité payable le 8 juin 2026. Nom du fonds
Symbole
TypeDistribution en espèces par unité
($)Fréquencede paiementFonds d'optimisation du revenu Franklin Brandywine Global - Séries de FNBFBGOGestion active0,094344Chaque moisFonds de revenu d'infrastructures mondiales Franklin ClearBridge - Séries de FNB FCIIGestion active0,160245Chaque moisFonds d'obligations gouvernementales canadiennes Franklin - Séries de FNBFGOVGestion active0,053797Chaque moisFonds d'obligations canadiennes à très court terme Franklin - Séries de FNBFHISGestion active0,054511Chaque moisFonds d'obligations de sociétés canadiennes Franklin - Séries de FNBFLCIGestion active0,063379Chaque moisFonds d'obligations canadiennes de base plus Franklin - Séries de FNB FLCPGestion active0,050785Chaque moisFonds d'obligations de base mondiales Franklin - Séries de FNBFLGAGestion active0,042182Chaque moisFonds d'obligations canadiennes à court terme Franklin - Séries de FNB  FLSDGestion active0,051607Chaque moisFNB indiciel de dividendes canadiens élevés à faible volatilité FranklinFLVCPassif0,052546Chaque moisFNB indiciel de dividendes américains élevés à faible volatilité FranklinFLVUPassif0,048319Chaque moisComme détaillé au tableau ci-dessous, les détenteurs de parts inscrits en date du 19 juin 2026 recevront une distribution en espèces par unité payable le 29 juin 2026.Nom du fondsSymboleTypeDistribution en espèces par unité ($)Fréquence de paiementFranklin dividendes américains de qualité et avantages concurrentielsFDIVPassif0,053741TrimestrielFINB FTSE Inde FranklinFIDPassif0,000000SemestriellementFINB FTSE États-Unis FranklinFLAMPassif0,150474TrimestrielFINB FTSE Canada toutes capitalisations FranklinFLCDPassif0,259264TrimestrielFINB d'actions des marchés émergents Franklin FLEMPassif0,157710SemestriellementFINB FTSE Japon FranklinFLJAPassif0,024433SemestriellementFINB d'actions internationales Franklin FLURPassif0,346916SemestriellementFINB multifactoriel d'actions américaines à grande capitalisation FranklinFLUSBêta intelligent0,093431TrimestrielFINB multifactoriel d'actions américaines à moyenne capitalisation FranklinFMIDBêta intelligent0,054504TrimestrielLa plateforme novatrice et diversifiée de FNB de Franklin Templeton a été conçue pour offrir les meilleurs résultats aux clients pour l'éventail de conditions des marchés et les opportunités d'investissement. La gamme de produits comprend des FNB à gestion active, à bêta intelligent et passive dans de multiples catégories d'actifs et secteurs géographiques. Pour obtenir de plus amples renseignements, consultez le site franklintempleton.ca/fnb.À propos de Franklin Templeton
Franklin Templeton est un partenaire de placement de confiance qui offre des solutions personnalisées correspondant aux objectifs stratégiques des clients. Grâce à une expertise approfondie en gestion de portefeuille au sein des marchés publics et privés, nous combinons l'excellence en matière de placement à une technologie de pointe. Depuis notre fondation en 1947, nous avons renforcé l'autonomie de nos clients grâce à un partenariat stratégique, à des renseignements prospectifs et à une innovation continue, fournissant les outils et les ressources nécessaires pour composer avec le changement et saisir les occasions. Franklin Resources, Inc. [NYSE : BEN]Comptant plus de 1,7 billion de dollars américains d'actifs sous gestion au 30 avril 2026, Franklin Templeton exerce ses activités dans plus de 35 pays.Au Canada, Franklin Templeton exerce ses activités sous le nom de Franklin Templeton Canada, un nom commercial utilisé par la Société de Placements Franklin Templeton. Pour en savoir plus, visitez le franklintempleton.ca/fr-ca et suivez-nous sur LinkedIn.Tout placement dans des Fonds communs de placement ou des Fonds négociés en bourse peut faire l'objet de commissions, de commissions de suivi, de frais de gestion, de frais de courtage ou d'autres charges. Les FNB se négocient comme des actions, fluctuent en valeur marchande et peuvent se négocier à des prix supérieurs ou inférieurs à la valeur liquidative du FNB. Les investisseurs doivent examiner attentivement les objectifs et les stratégies de placement, les risques, les frais et les dépenses d'un fonds commun de placement et d'un FNB avant d'investir. Le prospectus simplifié et la fiche de renseignements du fonds ou du FNB comprennent ces renseignements ainsi que d'autres éléments. Veuillez lire le prospectus simplifié et la fiche de renseignements du fonds ou du FNB avant d'investir. Les fonds communs de placement et les FNB ne sont pas garantis. Leur valeur fluctue souvent. Le rendement passé n'est pas garant du rendement futur.© 2026. Franklin Templeton. Tous droits réservés.Site web: www.franklintempleton.caSOURCE Placements Franklin Templeton Original: Franklin Templeton Canada annonce une distribution de FNB en espèces

Franklin Resources, Inc. Announces Quarterly DividendMay 20, 2026 5:00 PM
Business Wire Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.33 per share payable on July 10, 2026 to stockholders of record holding shares of common stock at the close of business on June 29, 2026. The quarterly dividend of $0.33 per share is equivalent to the dividend paid for the prior quarter and represents a 3.1% increase over the quarterly dividend paid for the same quarter last year. About Franklin Templeton Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity. To learn more, visit franklintempleton.com and follow us on LinkedIn. Franklin Resources, Inc. [NYSE: BEN] View source version on businesswire.com: https://www.businesswire.com/news/home/20260520042874/en/ Franklin Resources, Inc.
Investor Relations:
Selene Oh (650) 312-4091,
selene.oh@franklintempleton.com
Media Relations:
Jeaneen Terrio (212) 632-4005,
jeaneen.terrio@franklintempleton.com
Website: investors.franklinresources.com Original: Franklin Resources, Inc. Announces Quarterly Dividend

Franklin Templeton Canada Announces Final Valuations for Terminated ETF SeriesMay 19, 2026 2:00 PM
PR Newswire (Canada) TORONTO, May 19, 2026 /CNW/ - Franklin Templeton Canada today announced the final net asset values for the ETF Series of Franklin ClearBridge International Growth Fund (TSX: FCSI) and Franklin Global Growth Fund (TSX: FGGE) (each, a "Fund" and collectively, the "Funds"). On February 19, 2026, Franklin Templeton Canada pre-announced the termination of the ETF Series of the Funds. Effective at the close of business May 15, 2026, the ETF Series were terminated. The units of the ETF Series of each Fund were voluntarily de-listed, at the request of Franklin Templeton Canada,  from the Toronto Stock Exchange (TSX) effective close of business on May 8, 2026.At the time of termination, all units of the ETF Series of each Fund then outstanding were redeemed, each holder of such units received redemption proceeds equal to the net asset value of those units at that time.  No distributions were required at termination.The following table indicates, for the ETF Series of each Fund, the NAV per unit at the time of termination:Name of FundTickerNAV per
Unit ($)Franklin ClearBridge International Growth FundFCSI26.1607Franklin Global Growth FundFGGE23.7446About Franklin Templeton
Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients' strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity.With more than $1.74 trillion (US) in assets under management as of April 30, 2026, Franklin Templeton operates globally in more than 35 countries.In Canada, Franklin Templeton operates as Franklin Templeton Canada, a business name used by Franklin Templeton Investments Corp. To learn more, visit franklintempleton.ca and follow us on LinkedIn.Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds and ETFs/ETF Series of mutual funds (ETFs). ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETF's net asset value.  Investors should carefully consider a mutual fund and ETF's investment objectives and strategies, risks, fees and expenses before investing.  The simplified prospectus and fund fact/ETF facts contain this and other information. Please read the simplified prospectus and fund fact/ETF facts document carefully before investing. Mutual funds and ETFs are not guaranteed. Their values change frequently. Past performance may not be repeated.Franklin Resources, Inc. [NYSE: BEN]Copyright © 2026. Franklin Templeton. All rights reserved. SOURCE Franklin Templeton Investments Corp. Original: Franklin Templeton Canada Announces Final Valuations for Terminated ETF Series

Franklin Resources, Inc. Announces Second Quarter ResultsApril 28, 2026 8:20 AM
Business Wire
Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced net income1 of $268.2 million or $0.49 per diluted share for the quarter ended March 31, 2026, as compared to $255.5 million or $0.46 per diluted share for the previous quarter, and $151.4 million or $0.26 per diluted share for the quarter ended March 31, 2025. Operating income was $323.3 million for the quarter ended March 31, 2026, as compared to $281.0 million for the previous quarter and $145.6 million for the prior year.


As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net income2 was $384.5 million and adjusted diluted earnings per share2 was $0.71 for the quarter ended March 31, 2026, as compared to $378.4 million and $0.70 for the previous quarter, and $254.4 million and $0.47 for the quarter ended March 31, 2025. Adjusted operating income2 was $474.6 million for the quarter ended March 31, 2026, as compared to $437.3 million for the previous quarter and $377.2 million for the prior year.


“Franklin Templeton delivered another strong quarter, with $17 billion in long-term net inflows across public and private markets, reflecting the strength of our diversified global platform,” said Jenny Johnson, CEO of Franklin Resources, Inc. “We saw improved gross sales across all asset classes, and importantly, positive long-term net flows in every region, demonstrating the impact of our local client engagement and global reputation.


“In the second quarter, long-term inflows were $118 billion and, excluding reinvested distributions, increased 28% from prior quarter. We fundraised $14.3 billion in alternatives, including $13.2 billion in private market assets, which was diversified across alternative credit, secondary private equity, real estate and venture strategies. Fiscal year-to-date fundraising in private markets reached $22.7 billion. Strong momentum continued in public markets, highlighted by $9.5 billion in multi-asset net inflows, our 19th consecutive quarter of positive flows in that asset class.


“Our platform continues to scale across key growth areas. ETFs and Canvas reached record AUM, generating $4.5 billion and $5.3 billion in net inflows, respectively, with Canvas increasing 27% quarter over quarter. Investment performance remains competitive, supporting both client retention and organic growth, while we continue to manage expenses with discipline and invest in areas of opportunity.


“This quarter underscores the power of our multi-year strategy in action. While markets remain uncertain, our strategy is clear and we’re pleased to be ahead of plan. We are focused on delivering strong investment outcomes, deepening client relationships and continuing to evolve our capabilities to drive sustainable, long-term growth for our clients and shareholders.”




 






 






Quarter Ended






 






% Change






 






Quarter Ended






 






% Change








 






 






31-Mar-26






 






31-Dec-25






 






Qtr. vs. Qtr.






31-Mar-25






 






Year vs. Year








Financial Results






 






 






 






 






 






 






 






 






 








(in millions, except per share data)






 






 






 






 






 






 






 






 






 








Operating revenues






 






$






2,294.9






 






 






$






2,327.1






 






 






(1






%)






$






2,111.4






 






 






9






%








Operating income






 






 






323.3






 






 






 






281.0






 






 






15






%






 






145.6






 






 






122






%








Operating margin






 






 






14.1






%






 






 






12.1






%






 






 






 






6.9






%






 






 








 






 






 






 






 






 






 






 






 






 








Net income1






 






$






268.2






 






 






$






255.5






 






 






5






%






$






151.4






 






 






77






%








Diluted earnings per share






 






 






0.49






 






 






 






0.46






 






 






7






%






 






0.26






 






 






88






%








 






 






 






 






 






 






 






 






 






 








As adjusted (non-GAAP):2






 






 






 






 






 






 






 






 






 








Adjusted operating income






 






$






474.6






 






 






$






437.3






 






 






9






%






$






377.2






 






 






26






%








Adjusted operating margin






 






 






27.1






%






 






 






25.0






%






 






 






 






23.4






%






 






 








 






 






 






 






 






 






 






 






 






 








Adjusted net income






 






$






384.5






 






 






$






378.4






 






 






2






%






$






254.4






 






 






51






%








Adjusted diluted earnings per share






 






 






0.71






 






 






 






0.70






 






 






1






%






 






0.47






 






 






51






%








 






 






 






 






 






 






 






 






 






 








Assets Under Management






 






 






 






 






 






 






 






 






 








(in billions)






 






 






 






 






 






 






 






 






 








Ending






 






$






1,682.1






 






 






$






1,684.0






 






 






0






%






$






1,540.6






 






 






9






%








Average3






 






 






1,701.6






 






 






 






1,676.1






 






 






2






%






 






1,570.5






 






 






8






%








Long-term net flows






 






 






16.9






 






 






 






28.0






 






 






 






 






(26.2






)






 






 







Total AUM was $1,682.1 billion at March 31, 2026, down $1.9 billion during the quarter due to the negative impact of $30.2 billion of net market change, distributions, and other, partially offset by $16.9 billion of long-term net inflows, inclusive of $4.1 billion of long-term net outflows at Western, and $11.4 billion of cash management net inflows. Long-term net inflows for the quarter include $3.2 billion of long-term reinvested distributions.


Cash and cash equivalents and investments were $5.1 billion and, including the Company’s direct investments in consolidated investment products (“CIPs”), were $6.2 billion4 at March 31, 2026. Total stockholders’ equity was $13.1 billion and the Company had 519.6 million shares of common stock outstanding at March 31, 2026. The Company repurchased 2.3 million shares of its common stock for a total cost of $57.1 million during the quarter ended March 31, 2026.


Conference Call Information


A written commentary on the results by Jenny Johnson, CEO; Daniel Gamba, Co-President and Chief Commercial Officer; and Matthew Nicholls, Co-President, CFO and COO; will be available via investors.franklinresources.com today at approximately 8:30 a.m. Eastern Time.


Ms. Johnson and Messrs. Gamba and Nicholls will also lead a live teleconference today at 11:00 a.m. Eastern Time to answer questions. Access to the teleconference will be available via investors.franklinresources.com or by dialing (+1) (877) 407-0989 in North America or (+1) (201) 389-0921 in other locations. A replay of the teleconference can also be accessed by calling (+1) (877) 660-6853 in North America or (+1) (201) 612-7415 in other locations using access code 13759733 after 2:00 p.m. Eastern Time on April 28, 2026 through May 5, 2026, or via investors.franklinresources.com.


Analysts and investors are encouraged to review the Company’s recent filings with the U.S. Securities and Exchange Commission and to contact Investor Relations at investorrelations@franklintempleton.com before the live teleconference for any clarifications or questions related to the earnings release or written commentary.




FRANKLIN RESOURCES, INC.








CONSOLIDATED STATEMENTS OF INCOME








Unaudited















 



(in millions, except per share data)






 






Three Months Ended

March 31,






 






%




Change






 






Six Months Ended

March 31,






 






%




Change








 






2026






 






2025






 






 






2026






 






2025






 








Operating Revenues






 






 






 






 






 






 






 






 






 






 






 






 








Investment management fees






 






$






1,819.3






 






 






$






1,673.6






 






 






9






%






 






$






3,667.2






 






 






$






3,472.9






 






 






6






%








Sales and distribution fees






 






 






396.6






 






 






 






364.9






 






 






9






%






 






 






785.3






 






 






 






740.4






 






 






6






%








Shareholder servicing fees






 






 






69.0






 






 






 






61.9






 






 






11






%






 






 






139.9






 






 






 






125.4






 






 






12






%








Other






 






 






10.0






 






 






 






11.0






 






 






(9






%)






 






 






29.6






 






 






 






24.3






 






 






22






%








Total operating revenues






 






 






2,294.9






 






 






 






2,111.4






 






 






9






%






 






 






4,622.0






 






 






 






4,363.0






 






 






6






%








Operating Expenses






 






 






 






 






 






 






 






 






 






 






 






 








Compensation and benefits






 






 






964.7






 






 






 






920.0






 






 






5






%






 






 






1,995.4






 






 






 






1,911.4






 






 






4






%








Sales, distribution and marketing






 






 






544.0






 






 






 






498.1






 






 






9






%






 






 






1,084.9






 






 






 






1,010.4






 






 






7






%








Information systems and technology






 






 






157.6






 






 






 






158.7






 






 






(1






%)






 






 






314.6






 






 






 






314.7






 






 






0






%








Occupancy






 






 






67.1






 






 






 






69.3






 






 






(3






%)






 






 






133.9






 






 






 






144.4






 






 






(7






%)








Amortization of intangible assets






 






 






50.6






 






 






 






112.5






 






 






(55






%)






 






 






105.7






 






 






 






225.1






 






 






(53






%)








Impairment of intangible assets






 






 






—






 






 






 






24.4






 






 






NM






 






 






 






—






 






 






 






24.4






 






 






NM






 








General, administrative and other






 






 






187.6






 






 






 






182.8






 






 






3






%






 






 






383.2






 






 






 






368.0






 






 






4






%








Total operating expenses






 






 






1,971.6






 






 






 






1,965.8






 






 






0






%






 






 






4,017.7






 






 






 






3,998.4






 






 






0






%








Operating Income






 






 






323.3






 






 






 






145.6






 






 






122






%






 






 






604.3






 






 






 






364.6






 






 






66






%








Other Income (Expenses)






 






 






 






 






 






 






 






 






 






 






 






 








Investment and other income, net






 






 






56.0






 






 






 






94.1






 






 






(40






%)






 






 






136.3






 






 






 






104.6






 






 






30






%








Interest expense






 






 






(19.9






)






 






 






(20.8






)






 






(4






%)






 






 






(40.3






)






 






 






(43.9






)






 






(8






%)








Investment and other income (losses) of consolidated investment products, net






 






 






96.5






 






 






 






(164.7






)






 






NM






 






 






 






221.4






 






 






 






(50.6






)






 






NM






 








Expenses of consolidated investment products






 






 






(10.2






)






 






 






(11.5






)






 






(11






%)






 






 






(24.2






)






 






 






(18.8






)






 






29






%








Other income (expenses), net






 






 






122.4






 






 






 






(102.9






)






 






NM






 






 






 






293.2






 






 






 






(8.7






)






 






NM






 








Income before taxes






 






 






445.7






 






 






 






42.7






 






 






944






%






 






 






897.5






 






 






 






355.9






 






 






152






%








Taxes on income






 






 






99.1






 






 






 






31.1






 






 






219






%






 






 






204.1






 






 






 






112.2






 






 






82






%








Net income






 






 






346.6






 






 






 






11.6






 






 






NM






 






 






 






693.4






 






 






 






243.7






 






 






185






%








Less: net income (loss) attributable to






 






 






 






 






 






 






 






 






 






 






 






 








Redeemable noncontrolling interests






 






 






23.9






 






 






 






(158.4






)






 






NM






 






 






 






63.6






 






 






 






(108.8






)






 






NM






 








Nonredeemable noncontrolling interests






 






 






54.5






 






 






 






18.6






 






 






NM






 






 






 






106.1






 






 






 






37.5






 






 






NM






 








Net Income Attributable to Franklin Resources, Inc.






 






$






268.2






 






 






$






151.4






 






 






77






%






 






$






523.7






 






 






$






315.0






 






 






66






%








 






 






 






 






 






 






 






 






 






 






 






 






 








Earnings per Share






 






 






 






 






 






 






 






 






 






 






 






 








Basic






 






$






0.49






 






 






$






0.26






 






 






88






%






 






$






0.95






 






 






$






0.55






 






 






73






%








Diluted






 






 






0.49






 






 






 






0.26






 






 






88






%






 






 






0.95






 






 






 






0.55






 






 






73






%








Dividends Declared per Share






 






$






0.33






 






 






$






0.32






 






 






3






%






 






$






0.66






 






 






$






0.64






 






 






3






%








 






 






 






 






 






 






 






 






 






 






 






 






 








Average Shares Outstanding






 






 






 






 






 






 






 






 






 






 






 






 








Basic






 






 






517.5






 






 






 






519.1






 






 






0






%






 






 






517.5






 






 






 






518.3






 






 






0






%








Diluted






 






 






518.2






 






 






 






519.9






 






 






0






%






 






 






518.3






 






 






 






519.0






 






 






0






%








 






 






 






 






 






 






 






 






 






 






 






 






 








Operating Margin






 






 






14.1






%






 






 






6.9






%






 






 






 






 






13.1






%






 






 






8.4






%






 






 



























 




FRANKLIN RESOURCES, INC.








CONSOLIDATED STATEMENTS OF INCOME








Unaudited













 



(in millions, except per share data)






 






Three Months Ended






 






%




Change






 






Three Months Ended








 






31-Mar-26






 






31-Dec-25






 






 






30-Sep-25






 






30-Jun-25






 






31-Mar-25








Operating Revenues






 






 






 






 






 






 






 






 






 






 






 






 








Investment management fees






 






$






1,819.3






 






 






$






1,847.9






 






 






(2






%)






 






$






1,868.1






 






 






$






1,640.8






 






 






$






1,673.6






 








Sales and distribution fees






 






 






396.6






 






 






 






388.7






 






 






2






%






 






 






382.4






 






 






 






351.9






 






 






 






364.9






 








Shareholder servicing fees






 






 






69.0






 






 






 






70.9






 






 






(3






%)






 






 






79.2






 






 






 






59.9






 






 






 






61.9






 








Other






 






 






10.0






 






 






 






19.6






 






 






(49






%)






 






 






14.0






 






 






 






11.4






 






 






 






11.0






 








Total operating revenues






 






 






2,294.9






 






 






 






2,327.1






 






 






(1






%)






 






 






2,343.7






 






 






 






2,064.0






 






 






 






2,111.4






 








Operating Expenses






 






 






 






 






 






 






 






 






 






 






 






 








Compensation and benefits






 






 






964.7






 






 






 






1,030.7






 






 






(6






%)






 






 






1,005.7






 






 






 






901.1






 






 






 






920.0






 








Sales, distribution and marketing






 






 






544.0






 






 






 






540.9






 






 






1






%






 






 






519.8






 






 






 






480.7






 






 






 






498.1






 








Information systems and technology






 






 






157.6






 






 






 






157.0






 






 






0






%






 






 






166.2






 






 






 






162.7






 






 






 






158.7






 








Occupancy






 






 






67.1






 






 






 






66.8






 






 






0






%






 






 






72.4






 






 






 






69.5






 






 






 






69.3






 








Amortization of intangible assets






 






 






50.6






 






 






 






55.1






 






 






(8






%)






 






 






69.2






 






 






 






112.2






 






 






 






112.5






 








Impairment of intangible assets






 






 






—






 






 






 






—






 






 






NM






 






 






 






202.2






 






 






 






—






 






 






 






24.4






 








General, administrative and other






 






 






187.6






 






 






 






195.6






 






 






(4






%)






 






 






222.8






 






 






 






183.7






 






 






 






182.8






 








Total operating expenses






 






 






1,971.6






 






 






 






2,046.1






 






 






(4






%)






 






 






2,258.3






 






 






 






1,909.9






 






 






 






1,965.8






 








Operating Income






 






 






323.3






 






 






 






281.0






 






 






15






%






 






 






85.4






 






 






 






154.1






 






 






 






145.6






 








Other Income (Expenses)






 






 






 






 






 






 






 






 






 






 






 






 








Investment and other income, net






 






 






56.0






 






 






 






80.3






 






 






(30






%)






 






 






84.8






 






 






 






23.4






 






 






 






94.1






 








Interest expense






 






 






(19.9






)






 






 






(20.4






)






 






(2






%)






 






 






(25.2






)






 






 






(25.8






)






 






 






(20.8






)








Investment and other income (losses) of consolidated investment products, net






 






 






96.5






 






 






 






124.9






 






 






(23






%)






 






 






123.1






 






 






 






35.9






 






 






 






(164.7






)








Expenses of consolidated investment products






 






 






(10.2






)






 






 






(14.0






)






 






(27






%)






 






 






(13.8






)






 






 






(11.0






)






 






 






(11.5






)








Other income (expenses), net






 






 






122.4






 






 






 






170.8






 






 






(28






%)






 






 






168.9






 






 






 






22.5






 






 






 






(102.9






)








Income before taxes






 






 






445.7






 






 






 






451.8






 






 






(1






%)






 






 






254.3






 






 






 






176.6






 






 






 






42.7






 








Taxes on income






 






 






99.1






 






 






 






105.0






 






 






(6






%)






 






 






65.8






 






 






 






59.9






 






 






 






31.1






 








Net income






 






 






346.6






 






 






 






346.8






 






 






0






%






 






 






188.5






 






 






 






116.7






 






 






 






11.6






 








Less: net income (loss) attributable to






 






 






 






 






 






 






 






 






 






 






 






 








Redeemable noncontrolling interests






 






 






23.9






 






 






 






39.7






 






 






(40






%)






 






 






36.1






 






 






 






20.0






 






 






 






(158.4






)








Nonredeemable noncontrolling interests






 






 






54.5






 






 






 






51.6






 






 






6






%






 






 






34.8






 






 






 






4.4






 






 






 






18.6






 








Net Income Attributable to Franklin Resources, Inc.






 






$






268.2






 






 






$






255.5






 






 






5






%






 






$






117.6






 






 






$






92.3






 






 






$






151.4






 








 






 






 






 






 






 






 






 






 






 






 






 






 








Earnings per Share






 






 






 






 






 






 






 






 






 






 






 






 








Basic






 






$






0.49






 






 






$






0.46






 






 






7






%






 






$






0.21






 






 






$






0.15






 






 






$






0.26






 








Diluted






 






 






0.49






 






 






 






0.46






 






 






7






%






 






 






0.21






 






 






 






0.15






 






 






 






0.26






 








Dividends Declared per Share






 






$






0.33






 






 






$






0.33






 






 






0






%






 






$






0.32






 






 






$






0.32






 






 






$






0.32






 








 






 






 






 






 






 






 






 






 






 






 






 






 








Average Shares Outstanding






 






 






 






 






 






 






 






 






 






 






 






 








Basic






 






 






517.5






 






 






 






517.5






 






 






0






%






 






 






514.5






 






 






 






515.7






 






 






 






519.1






 








Diluted






 






 






518.2






 






 






 






518.3






 






 






0






%






 






 






515.4






 






 






 






516.5






 






 






 






519.9






 








 






 






 






 






 






 






 






 






 






 






 






 






 








Operating Margin







14.1






%







12.1






%









3.6






%







7.5






%







6.9






%
























 




AUM AND FLOWS











 



(in billions)






 






Three Months Ended

March 31,






 






Six Months Ended

March 31,








2026 5






 






2025






 






2026 5






 






2025








Beginning AUM






 






$






1,684.0






 






 






$






1,575.7






 






 






$






1,661.2






 






 






$






1,678.6






 








Long-term inflows






 






 






118.2






 






 






 






86.8






 






 






 






236.8






 






 






 






183.7






 








Long-term outflows






 






 






(101.3






)






 






 






(113.0






)






 






 






(191.9






)






 






 






(259.9






)








Long-term net flows






 






 






16.9






 






 






 






(26.2






)






 






 






44.9






 






 






 






(76.2






)








Cash management net flows






 






 






11.4






 






 






 






2.7






 






 






 






10.2






 






 






 






2.7






 








Total net flows






 






 






28.3






 






 






 






(23.5






)






 






 






55.1






 






 






 






(73.5






)








Acquisition






 






 






—






 






 






 






—






 






 






 






6.1






 






 






 






—






 








Net market change, distributions and other 6






 






 






(30.2






)






 






 






(11.6






)






 






 






(40.3






)






 






 






(64.5






)








Ending AUM






 






$






1,682.1






 






 






$






1,540.6






 






 






$






1,682.1






 






 






$






1,540.6






 








Average AUM






 






$






1,701.6






 






 






$






1,570.5






 






 






$






1,689.6






 






 






$






1,606.3






 









AUM BY ASSET CLASS



















 



(in billions)






 






31-Mar-26






 






31-Dec-25






 






% Change






 






30-Sep-25






 






30-Jun-25






 






31-Mar-25








Equity






 






$






669.7






 






 






$






697.2






 






 






(4






%)






 






$






686.2






 






 






$






656.6






 






 






$






598.1






 








Fixed Income






 






 






434.3






 






 






 






437.7






 






 






(1






%)






 






 






438.7






 






 






 






441.7






 






 






 






446.0






 








Alternative






 






 






282.8






 






 






 






273.8






 






 






3






%






 






 






263.9






 






 






 






258.4






 






 






 






251.8






 








Multi-Asset






 






 






207.5






 






 






 






198.8






 






 






4






%






 






 






193.9






 






 






 






183.2






 






 






 






175.8






 








Cash Management






 






 






87.8






 






 






 






76.5






 






 






15






%






 






 






78.5






 






 






 






71.9






 






 






 






68.9






 








Total AUM






 






$






1,682.1






 






 






$






1,684.0






 






 






0






%






 






$






1,661.2






 






 






$






1,611.8






 






 






$






1,540.6






 








Average AUM for the Three-Month Period






 






$






1,701.6






 






 






$






1,676.1






 






 






2






%






 






$






1,633.7






 






 






$






1,565.2






 






 






$






1,570.5






 






























 




AUM BY SALES REGION



















 



(in billions)






 






31-Mar-26






 






31-Dec-25






 






% Change






 






30-Sep-25






 






30-Jun-25






 






31-Mar-25








United States 7






 






$






1,187.5






 






 






$






1,195.7






 






 






1






%






 






$






1,171.5






 






 






$






1,114.9






 






 






$






1,071.3






 








International






 






 






 






 






 






 






 






 






 






 






 






 








Europe, Middle East and Africa






 






 






217.4






 






 






 






212.8






 






 






8






%






 






 






201.4






 






 






 






193.9






 






 






 






183.3






 








Asia-Pacific 8






 






 






180.1






 






 






 






181.6






 






 






0






%






 






 






179.5






 






 






 






182.6






 






 






 






171.0






 








Americas, excl. U.S. 7






 






 






97.1






 






 






 






93.9






 






 






(11






%)






 






 






108.8






 






 






 






120.4






 






 






 






115.0






 








Total international






 






 






494.6






 






 






 






488.3






 






 






1






%






 






 






489.7






 






 






 






496.9






 






 






 






469.3






 








Total






 






$






1,682.1






 






 






$






1,684.0






 






 






1






%






 






$






1,661.2






 






 






$






1,611.8






 






 






$






1,540.6






 






























 




AUM AND FLOWS BY ASSET CLASS



















 



(in billions)






 






 






 






 






 






 






 






 






 






 






 






 








for the three months ended

March 31, 2026






 






Equity






 






Fixed




Income






 






Alternative 5






 






Multi-Asset






 






Cash




Management






 






Total








AUM at January 1, 2026






 






$






697.2






 






 






$






437.7






 






 






$






273.8






 






 






$






198.8






 






 






$






76.5






 






 






$






1,684.0






 








Long-term inflows






 






 






53.6






 






 






 






31.9






 






 






 






14.3






 






 






 






18.4






 






 






 






—






 






 






 






118.2






 








Long-term outflows






 






 






(58.3






)






 






 






(32.2






)






 






 






(1.9






)






 






 






(8.9






)






 






 






—






 






 






 






(101.3






)








Long-term net flows






 






 






(4.7






)






 






 






(0.3






)






 






 






12.4






 






 






 






9.5






 






 






 






—






 






 






 






16.9






 








Cash management net flows






 






 






—






 






 






 






—






 






 






 






—






 






 






 






—






 






 






 






11.4






 






 






 






11.4






 








Total net flows






 






 






(4.7






)






 






 






(0.3






)






 






 






12.4






 






 






 






9.5






 






 






 






11.4






 






 






 






28.3






 








Net market change, distributions and other 6






 






 






(22.8






)






 






 






(3.1






)






 






 






(3.4






)






 






 






(0.8






)






 






 






(0.1






)






 






 






(30.2






)








AUM at March 31, 2026






 






$






669.7






 






 






$






434.3






 






 






$






282.8






 






 






$






207.5






 






 






$






87.8






 






 






$






1,682.1






 









(in billions)






 






 






 






 






 






 






 






 






 






 






 






 








for the three months ended

December 31, 2025






 






Equity






 






Fixed




Income






 






Alternative 5






 






Multi-Asset






 






Cash




Management






 






Total








AUM at October 1, 2025






 






$






686.2






 






 






$






438.7






 






 






$






263.9






 






 






$






193.9






 






 






$






78.5






 






 






$






1,661.2






 








Long-term inflows






 






 






61.1






 






 






 






33.5






 






 






 






10.8






 






 






 






13.2






 






 






 






—






 






 






 






118.6






 








Long-term outflows






 






 






(41.3






)






 






 






(35.9






)






 






 






(4.2






)






 






 






(9.2






)






 






 






—






 






 






 






(90.6






)








Long-term net flows






 






 






19.8






 






 






 






(2.4






)






 






 






6.6






 






 






 






4.0






 






 






 






—






 






 






 






28.0






 








Cash management net flows






 






 






—






 






 






 






—






 






 






 






—






 






 






 






—






 






 






 






(1.2






)






 






 






(1.2






)








Total net flows






 






 






19.8






 






 






 






(2.4






)






 






 






6.6






 






 






 






4.0






 






 






 






(1.2






)






 






 






26.8






 








Acquisition






 






 






—






 






 






 






—






 






 






 






6.1






 






 






 






—






 






 






 






—






 






 






 






6.1






 








Net market change, distributions and other 6






 






 






(8.8






)






 






 






1.4






 






 






 






(2.8






)






 






 






0.9






 






 






 






(0.8






)






 






 






(10.1






)








AUM at December 31, 2025






 






$






697.2






 






 






$






437.7






 






 






$






273.8






 






 






$






198.8






 






 






$






76.5






 






 






$






1,684.0






 









(in billions)






 






 






 






 






 






 






 






 






 






 






 






 








for the three months ended

March 31, 2025






 






Equity






 






Fixed




Income






 






Alternative






 






Multi-Asset






 






Cash




Management






 






Total








AUM at January 1, 2025






 






$






620.0






 






 






$






469.5






 






 






$






248.8






 






 






$






174.0






 






 






$






63.4







 






$






1,575.7






 








Long-term inflows






 






 






38.9






 






 






 






26.5






 






 






 






8.5






 






 






 






12.9






 






 






 






—






 






 






 






86.8






 








Long-term outflows






 






 






(44.3






)






 






 






(57.0






)






 






 






(2.1






)






 






 






(9.6






)






 






 






—






 






 






 






(113.0






)








Long-term net flows






 






 






(5.4






)






 






 






(30.5






)






 






 






6.4






 






 






 






3.3






 






 






 






—






 






 






 






(26.2






)








Cash management net flows






 






 






—






 






 






 






—






 






 






 






—






 






 






 






—






 






 






 






2.7






 






 






 






2.7






 








Total net flows






 






 






(5.4






)






 






 






(30.5






)






 






 






6.4






 






 






 






3.3






 






 






 






2.7






 






 






 






(23.5






)








Net market change, distributions and other 6






 






 






(16.5






)






 






 






7.0






 






 






 






(3.4






)






 






 






(1.5






)






 






 






2.8






 






 






 






(11.6






)








AUM at March 31, 2025






 






$






598.1






 






 






$






446.0






 






 






$






251.8






 






 






$






175.8






 






 






$






68.9






 






 






$






1,540.6






 







Supplemental Non-GAAP Financial Measures


As supplemental information, we are providing performance measures for “adjusted operating income,” “adjusted operating margin,” “adjusted net income” and “adjusted diluted earnings per share,” each of which is based on methodologies other than generally accepted accounting principles (“non-GAAP measures”). Management believes these non-GAAP measures are useful indicators of our financial performance and may be helpful to investors in evaluating our relative performance against industry peers.


“Adjusted operating income,” “adjusted operating margin,” “adjusted net income” and “adjusted diluted earnings per share” are defined below, followed by reconciliations of operating income, operating margin, net income attributable to Franklin Resources, Inc. and diluted earnings per share on a U.S. GAAP basis to these non-GAAP measures. Non-GAAP measures should not be considered in isolation from, or as substitutes for, any financial information prepared in accordance with U.S. GAAP, and may not be comparable to other similarly titled measures of other companies. Additional reconciling items may be added in the future to these non-GAAP measures if deemed appropriate.


Adjusted Operating Income


We define adjusted operating income as operating income adjusted to exclude the following:



Elimination of operating revenues upon consolidation of investment products.



Acquisition-related items:


Acquisition-related retention compensation.



Other acquisition-related expenses including professional fees, technology costs and fair value adjustments related to contingent consideration assets and liabilities.



Amortization of intangible assets.



Impairment of intangible assets and goodwill, if any.






Special termination benefits and other expenses related to workforce optimization initiatives related to past acquisitions and certain initiatives undertaken by the Company.



Impact on compensation and benefits expense from gains and losses on investments related to deferred compensation plans, which is offset in investment and other income (losses), net.



Impact on compensation and benefits expense related to minority interests in certain subsidiaries, which is offset in net income (loss) attributable to redeemable noncontrolling interests.



Adjusted Operating Margin


We calculate adjusted operating margin as adjusted operating income divided by adjusted operating revenues. We define adjusted operating revenues as operating revenues adjusted to exclude the following:



Elimination of operating revenues upon consolidation of investment products.



Acquisition-related performance-based investment management fees which are passed through as compensation and benefits expense.



Sales and distribution fees and a portion of investment management fees allocated to cover sales, distribution and marketing expenses paid to the financial advisers and other intermediaries who sell our funds on our behalf.



Adjusted Net Income and Adjusted Diluted Earnings Per Share


We define adjusted net income as net income attributable to Franklin Resources, Inc. adjusted to exclude the following:



Activities of CIPs.



Acquisition-related items:


Acquisition-related retention compensation.



Other acquisition-related expenses including professional fees, technology costs and fair value adjustments related to contingent consideration assets and liabilities.



Amortization of intangible assets.



Impairment of intangible assets and goodwill, if any.



Interest expense for amortization of debt premium from acquisition-date fair value adjustment.






Special termination benefits and other expenses related to workforce optimization initiatives related to past acquisitions and certain initiatives undertaken by the Company.



Net gains or losses on investments related to deferred compensation plans which are not offset by compensation and benefits expense.



Net compensation and benefits expense related to minority interests in certain subsidiaries not offset by net income (loss) attributable to redeemable noncontrolling interests.



Unrealized investment gains and losses.



Net income tax expense of the above adjustments based on the respective blended rates applicable to the adjustments.



We define adjusted diluted earnings per share as diluted earnings per share adjusted to exclude the per share impacts of the adjustments applied to net income in calculating adjusted net income.


In calculating our non-GAAP measures, we adjust for the impact of CIPs because it is not considered reflective of our underlying results of operations. Acquisition-related items and special termination benefits are excluded to facilitate comparability to other asset management firms. We adjust for compensation and benefits expense related to funded deferred compensation plans because it is partially offset in other income (expense), net. We adjust for compensation and benefits expense and net income (loss) attributable to redeemable noncontrolling interests to reflect the economics of certain profits interest arrangements. Sales and distribution fees and a portion of investment management fees generally cover sales, distribution and marketing expenses and, therefore, are excluded from adjusted operating revenues. In addition, when calculating adjusted net income and adjusted diluted earnings per share we exclude unrealized investment gains and losses included in investment and other income (losses) because the related investments are generally expected to be held long term.


The calculations of adjusted operating income, adjusted operating margin, adjusted net income and adjusted diluted earnings per share are as follows:




(in millions)






 






Three Months Ended






 






Six Months Ended








31-Mar-26






 






31-Dec-25






 






31-Mar-25






 






31-Mar-26






 






31-Mar-25








Operating income






 






$






323.3






 






 






$






281.0






 






 






$






145.6






 






 






$






604.3






 






 






$






364.6






 








Add (subtract):






 






 






 






 






 






 






 






 






 






 








Elimination of operating revenues upon consolidation of investment products*






 






 






15.5






 






 






 






16.0






 






 






 






13.1






 






 






 






31.5






 






 






 






25.6






 








Acquisition-related retention






 






 






30.4






 






 






 






35.7






 






 






 






34.7






 






 






 






66.1






 






 






 






80.5






 








Compensation and benefits expense from gains on deferred compensation, net






 






 






3.8






 






 






 






13.6






 






 






 






3.6






 






 






 






17.4






 






 






 






4.5






 








Other acquisition-related expenses






 






 






5.2






 






 






 






5.8






 






 






 






10.7






 






 






 






11.0






 






 






 






20.1






 








Amortization of intangible assets






 






 






50.6






 






 






 






55.1






 






 






 






112.5






 






 






 






105.7






 






 






 






225.1






 








Impairment of intangible assets






 






 






—






 






 






 






—






 






 






 






24.4






 






 






 






—






 






 






 






24.4






 








Special termination benefits






 






 






30.2






 






 






 






16.0






 






 






 






17.4






 






 






 






46.2






 






 






 






17.8






 








Compensation and benefits expense related to minority interests in certain subsidiaries






 






 






15.6






 






 






 






14.1






 






 






 






15.2






 






 






 






29.7






 






 






 






27.4






 








Adjusted operating income






 






$






474.6






 






 






$






437.3






 






 






$






377.2






 






 






$






911.9






 






 






$






790.0






 








 






 






 






 






 






 






 






 






 






 






 








Total operating revenues






 






$






2,294.9






 






 






$






2,327.1






 






 






$






2,111.4






 






 






$






4,622.0






 






 






$






4,363.0






 








Add (subtract):






 






 






 






 






 






 






 






 






 






 








Acquisition-related pass through performance fees






 






 






(13.9






)






 






 






(55.0






)






 






 






(16.2






)






 






 






(68.9






)






 






 






(85.3






)








Sales and distribution fees






 






 






(396.6






)






 






 






(388.7






)






 






 






(364.9






)






 






 






(785.3






)






 






 






(740.4






)








Allocation of investment management fees for sales, distribution and marketing expenses






 






 






(147.4






)






 






 






(152.2






)






 






 






(133.2






)






 






 






(299.6






)






 






 






(270.0






)








Elimination of operating revenues upon consolidation of investment products*






 






 






15.5






 






 






 






16.0






 






 






 






13.1






 






 






 






31.5






 






 






 






25.6






 








Adjusted operating revenues






 






$






1,752.5






 






 






$






1,747.2






 






 






$






1,610.2






 






 






$






3,499.7






 






 






$






3,292.9






 








 






 






 






 






 






 






 






 






 






 






 








Operating margin






 






 






14.1






%






 






 






12.1






%






 






 






6.9






%






 






 






13.1






%






 






 






8.4






%








Adjusted operating margin






 






 






27.1






%






 






 






25.0






%






 






 






23.4






%






 






 






26.1






%






 






 






24.0






%



























 



(in millions, except per share data)

 






Three Months Ended






 






Six Months Ended








31-Mar-26






 






31-Dec-25






 






31-Mar-25






 






31-Mar-26






 






31-Mar-25








Net income attributable to Franklin Resources, Inc.






 






$






268.2






 






 






$






255.5






 






 






$






151.4






 






 






$






523.7






 






 






$






315.0






 








Add (subtract):






 






 






 






 






 






 






 






 






 






 








Net (income) loss of consolidated investment products*






 






 






(0.6






)






 






 






0.7






 






 






 






(8.3






)






 






 






0.1






 






 






 






(4.1






)








Acquisition-related retention






 






 






30.4






 






 






 






35.7






 






 






 






34.7






 






 






 






66.1






 






 






 






80.5






 








Other acquisition-related expenses






 






 






10.1






 






 






 






7.5






 






 






 






13.1






 






 






 






17.6






 






 






 






25.8






 








Amortization of intangible assets






 






 






50.6






 






 






 






55.1






 






 






 






112.5






 






 






 






105.7






 






 






 






225.1






 








Impairment of intangible assets






 






 






—






 






 






 






—






 






 






 






24.4






 






 






 






—






 






 






 






24.4






 








Special termination benefits






 






 






30.2






 






 






 






16.0






 






 






 






17.4






 






 






 






46.2






 






 






 






17.8






 








Net (gains) losses on deferred compensation plan investments not offset by compensation and benefits expense






 






 






(5.0






)






 






 






3.5






 






 






 






(1.1






)






 






 






(1.5






)






 






 






0.2






 








Unrealized investment (gains) losses






 






 






32.7






 






 






 






20.2






 






 






 






(42.9






)






 






 






52.9






 






 






 






(11.4






)








Interest expense for amortization of debt premium






 






 






(4.4






)






 






 






(5.0






)






 






 






(5.0






)






 






 






(9.4






)






 






 






(9.9






)








Net compensation and benefits expense related to minority interests in certain subsidiaries not offset by net income attributable to redeemable noncontrolling interests






 






 






9.0






 






 






 






7.4






 






 






 






7.4






 






 






 






16.4






 






 






 






11.5






 








Net income tax expense of adjustments






 






 






(36.7






)






 






 






(18.2






)






 






 






(49.2






)






 






 






(54.9






)






 






 






(100.0






)








Adjusted net income






 






$






384.5






 






 






$






378.4






 






 






$






254.4






 






 






$






762.9






 






 






$






574.9






 








 






 






 






 






 






 






 






 






 






 






 








Diluted earnings per share






 






$






0.49






 






 






$






0.46






 






 






$






0.26






 






 






$






0.95






 






 






$






0.55






 








Adjusted diluted earnings per share






 






 






0.71






 






 






 






0.70






 






 






 






0.47






 






 






 






1.41






 






 






 






1.06






 








____________________



*







The impact of CIPs is summarized as follows:













 





(in millions)






 






Three Months Ended






 






Six Months Ended










31-Mar-26






 






31-Dec-25






 






31-Mar-25






 






31-Mar-26






 






31-Mar-25










Elimination of operating revenues upon consolidation






 






$






(15.5






)






 






$






(16.0






)






 






$






(13.1






)






 






$






(31.5






)






 






$






(25.6






)










Other income, net






 






 






76.2






 






 






 






74.8






 






 






 






(129.8






)






 






 






151.0






 






 






 






(68.3






)










Less: income (loss) attributable to noncontrolling interests






 






 






60.1






 






 






 






59.5






 






 






 






(151.2






)






 






 






119.6






 






 






 






(98.0






)










Net income (loss)






 






$






0.6






 






 






$






(0.7






)






 






$






8.3






 






 






$






(0.1






)






 






$






4.1






 










 






 






 






 






 






 






 






 






 






 






 







Notes



Net income represents net income attributable to Franklin Resources, Inc.



“Adjusted net income,” “adjusted diluted earnings per share,” “adjusted operating income” and “adjusted operating margin” are based on methodologies other than generally accepted accounting principles. See “Supplemental Non-GAAP Financial Measures” for definitions and reconciliations of these measures.



Average AUM is calculated as the average of the month-end AUM for the trailing four months.



Includes our direct investments in CIPs of $1.1 billion, approximately $385 million of employee-owned and other third-party investments made through partnerships, approximately $419 million of investments that are subject to long-term repurchase agreements and other net financing arrangements, and approximately $397 million of cash and investments related to deferred compensation plans.



Beginning in fiscal year 2026, non-fee generating uncalled capital commitments, which were previously included in net market change, distributions, and other, are reflected in long-term inflows in the period the capital is committed.



Net market change, distributions and other includes appreciation (depreciation), distributions to investors that represent return on investments and return of capital, and foreign exchange revaluation.



Effective in fiscal year 2026, Cayman-domiciled money market fund assets are included in United States reflecting the underlying investor base. This change resulted in an 11% reduction of AUM in the Americas, excluding U.S.



Effective January 1, 2026, Asia-Pacific includes India. Prior periods have been revised to reflect the current presentation.



Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity.


To learn more, visit franklintempleton.com and follow us on LinkedIn.


Franklin Resources, Inc. [NYSE: BEN]


Forward-Looking Statements


Some of the statements herein may include forward-looking statements that reflect our current views with respect to future events, financial performance and market conditions. Such statements are provided under the “safe harbor” protection of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate solely to historical or current facts and generally can be identified by words or phrases written in the future tense and/or preceded by words such as “anticipate,” “believe,” “could,” “depends,” “estimate,” “expect,” “intend,” “likely,” “may,” “plan,” “potential,” “seek,” “should,” “will,” “would,” or other similar words or variations thereof, or the negative thereof, but these terms are not the exclusive means of identifying such statements.


Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors that may cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements, including market and volatility risks, investment performance and reputational risks, global operational risks, competition and distribution risks, third-party risks, technology and security risks, human capital risks, cash management risks, and legal and regulatory risks. While forward-looking statements are our best prediction at the time that they are made, you should not rely on them and are cautioned against doing so. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other possible future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. They are neither statements of historical fact nor guarantees or assurances of future performance. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them.


These and other risks, uncertainties and other important factors are described in more detail in our recent filings with the U.S. Securities and Exchange Commission, including, without limitation, in Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and our subsequent Quarterly Reports on Form 10-Q. If a circumstance occurs after the date of this press release that causes any of our forward-looking statements to be inaccurate, whether as a result of new information, future developments or otherwise, we undertake no obligation to announce publicly the change to our expectations, or to make any revision to our forward-looking statements, to reflect any change in assumptions, beliefs or expectations, or any change in events, conditions or circumstances upon which any forward-looking statement is based, unless required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260427446666/en/
Franklin Resources, Inc.

Investor Relations: Selene Oh, (650) 312-4091, selene.oh@franklintempleton.com

Media Relations: Jeaneen Terrio, (212) 632-4005, jeaneen.terrio@franklintempleton.com

investors.franklinresources.com


Original: Franklin Resources, Inc. Announces Second Quarter Results