|Bid||27.21 x 800|
|Ask||27.22 x 800|
|Day's Range||27.19 - 27.49|
|52 Week Range||25.57 - 35.82|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||11.60|
|Earnings Date||Jan 28, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||1.04 (3.75%)|
|1y Target Est||26.14|
Franklin Resources, Inc. (the “Company”) (BEN) today announced the appointment of Jennifer M. Johnson as president and chief executive officer. Current CEO Gregory E. Johnson will become executive chairman of Franklin Resources, Inc. and continue in his role as chairman of the Company’s board of directors. The CEO appointment was approved by the Company’s board of directors, and both appointments will become effective at the Company’s 2020 Annual Meeting of Stockholders on February 11, 2020.
SAN MATEO, Calif., Nov. 19, 2019 -- Franklin Universal Trust , a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of.
Franklin Limited Duration Income Trust [NYSE American:FTF], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0839 per common share, payable December 13, 2019, to shareholders of record on November 29, 2019 (Ex-Dividend Date: November 27, 2019). The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10 percent, based on the average monthly net asset value (NAV) of the Fund’s common shares.
The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0848 per common share payable November 15, 2019, to shareholders of record as of October 31, 2019. The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10 percent, based on the average monthly net asset value (NAV) of the Fund’s common shares. The plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended to narrow the discount between the market price and the NAV of the Fund’s common shares, but there is no assurance that the plan will be successful in doing so.
T. Rowe Price's (TROW) preliminary assets under management (AUM) of $1.15 trillion for October 2019 reflect 1.8% increase from the prior month.
Franklin Resources' (BEN) preliminary assets under management (AUM) of $693.1 billion for October inch up from the prior month, driven by net market gains.
SAN MATEO, Calif., Nov. 11, 2019 -- Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management of $693.1 billion at.
Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Freda Lam Zietlow, CFA has joined the firm in Northern California as senior portfolio manager and managing director. Ms. Zietlow brings more than 20 years of experience in private wealth and institutional investment management to her new role at Fiduciary Trust.
FORT LAUDERDALE, Fla., Nov. 01, 2019 -- Templeton Emerging Markets Income Fund today announced a monthly distribution from net investment income of $0.0542 per.
FORT LAUDERDALE, Fla., Nov. 01, 2019 -- Templeton Global Income Fund today announced a monthly distribution from net investment income of $0.0245 per share, payable.
Legg Mason's (LM) second-quarter fiscal 2020 (ended Sep 30) earnings reflect lower revenues, reduced expenses and rise in assets under management (AUM).
There has been little in this quarter's results that would alter our long-term view of the asset managers that have reported earnings so far, although we did raise our fair value estimates for BlackRock BLK and Cohen & Steers CNS and lower our fair value estimate for Invesco IVZ . T. Rowe Price closed the September quarter with $1.126 trillion in managed assets, up 0.1% sequentially and 3.9% year over year, despite more volatile equity markets. Net inflows of $2.5 billion would likely have been better had the equity markets not sold off during August but were still on par with the $2.3 billion quarterly run rate we've seen for flows at T. Rowe Price since the end of the 2008-09 financial crisis.
The out-of-favor investment manager reported weak quarterly results, but it has a cash-rich balance sheet and direct exposure to value-investing strategies that have gained favor in recent months.