Franklin Resources, Inc. Announces Month-End Assets Under Management

Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.62 trillion at February 29, 2024, compared to $1.60 trillion at January 31, 2024. This month's increase in AUM reflected the impact of positive markets and long-term net inflows inclusive of the previously disclosed $5.5 billion in the retirement channel, partially offset by a fixed income institutional client redemption of $2.0 billion.

By Asset Class:

(In USD billions)

Preliminary

29-Feb-24

31-Jan-24

31-Dec-23

30-Sep-23

28-Feb-23

Fixed Income

$564.3

$565.9

$511.7

$483.1

$502.4

Equity

572.8

550.9

467.5

430.4

431.9

Alternative

256.4

256.4

256.2

254.9

256.3

Multi-Asset

162.5

160.6

154.6

145.0

144.2

Long Term:

1,556.0

1,533.8

1,390.0

1,313.4

1,334.8

Cash Management

66.3

68.1

65.5

60.8

81.7

Total

$1,622.3

$1,601.9

$1,455.5