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Franklin Resources reports preliminary AUM $1.66T at September 30

Franklin Resources (BEN) reported preliminary month-end assets under management of $1.66T at September 30, 2025, compared to $1.64T at August 31, 2025. This month’s preliminary AUM reflected the impact of positive markets, partially offset by preliminary long-term net outflows of $11B, inclusive of $13B of long-term net outflows at Western Asset Management.1 Excluding Western Asset Management, preliminary long-term net inflows were $2B.

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