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Franklin Resources, Inc. (BEN) is a global investment management company offering equity, fixed income, multi-asset, and alternative strategies through specialist investment managers. It serves retail, institutional, and high-net-worth clients via mutual funds, ETFs, and digital-asset products. The company is headquartered in San Mateo, California. The company has a market capitalization of $17.17 billion, which classifies it as a “large-cap” stock.
Franklin Resources' stock reached a 52-week high of $34.17 on June 17, but is down 3.3% from that level. Strong performance (AUM hitting a record) has driven the stock up 39.6% over the past three months. The broader Dow Jones Industrial Average ($DOWI) is up 12% over the same period. Therefore, the stock has outperformed the wider index over this period.
