Franklin Resources (FRA:FRK) Closed End Fund Assets (USD Mil) : 0.00 (As of . 20)

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What is Franklin Resources Closed End Fund Assets (USD Mil)?

Closed End Fund Assets (USD Mil) are asset management companies' holding in closed-end funds. Its volume reflects the portfolio structure of the company.

The historical rank and industry rank for Franklin Resources's Closed End Fund Assets (USD Mil) or its related term are showing as below:

FRA:FRK's Closed End Fund Assets (USD Mil) is not ranked ^*
in the Asset Management industry.
Industry Median:
* Ranked among companies with meaningful Closed End Fund Assets (USD Mil) only.

Franklin Resources Closed End Fund Assets (USD Mil) Historical Data

The historical data trend for Franklin Resources's Closed End Fund Assets (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Franklin Resources Closed End Fund Assets (USD Mil) Chart

Franklin Resources (FRA:FRK) Closed End Fund Assets (USD Mil) Explanation

A closed-end fund is a portfolio of pooled assets that raises a fixed amount of capital through an initial public offering (IPO) and then lists shares for trade on a stock exchange. Asset management companies hold it as part of the investment pool and its volume can reflect the portfolio structure of the company.

Closed-end funds trade like equity, as the price fluctuates throughout the trading day according to supply and demand as well as the changing values of its portfolio’s holdings. However, the closed-end fund is unique in that, after its IPO, the fund's parent company issues no additional shares and the fund itself won't redeem or buyback shares. Instead, like individual stocks, the fund can only be bought or sold on the secondary market by investors.

Franklin Resources Closed End Fund Assets (USD Mil) Related Terms

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Franklin Resources (FRA:FRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Franklin Resources Inc (FRA:FRK) » Definitions » Closed End Fund Assets (USD Mil)

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Traded in Other Exchanges

BEN:USA

Address

One Franklin Parkway, San Mateo, CA, USA, 94403

Website

https://www.franklinresources.com

Franklin Resources provides investment services for individual and institutional investors. At the end of October 2023, Franklin had $1.335 trillion in managed assets, composed primarily of equity (31%), fixed-income (35%), multi-asset/balanced (11%) funds, alternatives (19%) and money market funds (4%). Distribution tends to be weighted equally between retail investors (50% of AUM) and institutional accounts (48%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the U.S.-based asset managers we cover, with more than a third of its assets under management invested in global/international strategies and 29% of managed assets sourced from clients domiciled outside the United States.

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