\nFranklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1,552.1 billion at June 30, 2021, compared to $1,543.5 billion at May 31, 2021. This month\u2019s increase in AUM primarily reflected the positive impact of markets, partially offset by long-term net outflows, inclusive of two equity redemptions (a $3.7 billion sub-advised mutual fund outflow and a $2.2 billion institutional redemption that had minimal impact on revenue). Fixed Income flows included approximately $400 million of outflows from the non-management-fee-earning India credit funds that are in the process of liquidation.1<\/sup><\/p>\n
\nFor the quarter ended June 30, 2021, AUM reflected market gains offset by long-term net outflows of $6.6 billion inclusive of the two equity redemptions mentioned above and $1.2 billion of outflows from our closed India credit funds that were non-management-fee earning. Reinvested distributions for the quarter were $3.2 billion.\n<\/p>\n
By Asset Class:<\/b><\/p>\n (In USD billions)<\/i><\/p>\n<\/td>\n Preliminary<\/i><\/p>\n<\/td>\n 30-Jun-21<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 31-May-21<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 31-Mar-21<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 31-Dec-20<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 30-Jun-20<\/b><\/p>\n<\/td>\n<\/tr>\n \nFixed Income1<\/sup><\/p>\n<\/td>\n \n$658.1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$654.3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$642.3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$669.9\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$211.3\n<\/p>\n<\/td>\n<\/tr>\n \nEquity\n<\/p>\n<\/td>\n \n536.9\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n535.9\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n511.9\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n495.7\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n235.8\n<\/p>\n<\/td>\n<\/tr>\n \nMulti-Asset\n<\/p>\n<\/td>\n \n153.0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n154.1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n148.2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n141.1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n118.5\n<\/p>\n<\/td>\n<\/tr>\n \nAlternative\n<\/p>\n<\/td>\n \n140.8\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n135.4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n131.1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n127.1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n46.8\n<\/p>\n<\/td>\n<\/tr>\n \nLong Term:\n<\/p>\n<\/td>\n \n1,488.8\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1,479.7\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1,433.5\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1,433.8\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n612.4\n<\/p>\n<\/td>\n<\/tr>\n \nCash Management\n<\/p>\n<\/td>\n \n63.3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n63.8\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n65.4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n64.2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n10.4\n<\/p>\n<\/td>\n<\/tr>\n Total <\/b><\/p>\n<\/td>\n $1,552.1 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $1,543.5 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $1,498.9 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $1,498.0 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $622.8 <\/b><\/p>\n<\/td>\n<\/tr>\n 1 <\/sup>Following the approximately $400 million outflow, the remaining AUM in our India credit funds was $1.3 billion as of June 30, 2021.\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n About Franklin Templeton<\/b><\/p>\n \nFranklin Resources, Inc. (NYSE:BEN) is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton\u2019s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 70 years of investment experience. The company posts information that may be significant for investors in the Investor Relations and News Center sections of its website, and encourages investors to consult those sections regularly. For more information, please visit investors.franklinresources.com.\n<\/p>\n Forward-Looking Statements<\/b><\/p>\n \nThe 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 and financial performance. Such statements are provided under the \u201csafe harbor\u201d 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 \u201canticipate, \u201cbelieve,\u201d \u201ccould,\u201d \u201cdepends,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201clikely,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cpreliminary,\u201d \u201cseek,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould,\u201d or other similar words or variations thereof, or the negative thereof, but these terms are not the exclusive means of identifying such statements.\n<\/p>\n \nForward-looking statements involve a number of known and unknown risks, uncertainties and other important factors, some of which are listed below, that may cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements. 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.\n<\/p>\n \nThese 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\u2019s 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, 2020 and our subsequent Quarterly Reports on Form 10-Q:\n<\/p>\n \nIf 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.\n<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210712005803\/en\/<\/a><\/span><\/p>\n \nFranklin Resources, Inc. \n\u00a0\n<\/p>\n KEYWORDS:<\/b> United States North America California<\/p>\n INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n MEDIA:<\/b><\/p>\n Franklin Resources, Inc. Announces Month-End Assets Under Management SAN MATEO, Calif.–(BUSINESS WIRE)– Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1,552.1 billion at June 30, 2021, compared to $1,543.5 billion at May 31, 2021. This month\u2019s increase in AUM primarily reflected the positive impact of markets, partially offset by long-term net outflows, inclusive of two equity redemptions (a $3.7 billion sub-advised mutual fund outflow and a $2.2 billion institutional redemption that had minimal impact on revenue). Fixed Income flows included approximately $400 million of outflows from the non-management-fee-earning India credit funds that are in the process of liquidation.1 For the quarter ended June 30, 2021, AUM reflected market gains offset by long-term … <\/p>\n\n
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Investor Relations: Selene Oh (650) 312-4091, selene.oh@franklintempleton.com
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Media Relations: Matt Walsh (650) 312-2245, matthew.walsh@franklintempleton.com
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investors.franklinresources.com<\/a><\/p>\n\n","protected":false},"excerpt":{"rendered":"