Franklin's June AUM Balance Rises Sequentially on Positive Markets

Franklin Resources, Inc. BEN reported its preliminary assets under management (AUM) of $1.61 trillion as of June 30, 2025, which increased 2.1% from the prior month.

The increase in the AUM balance was due to the positive impact of markets, which was partially offset by preliminary long-term net outflows of $1 billion, inclusive of $4 billion of long-term net outflows at Western Asset Management.

Breakdown of BEN's June AUM Based on Asset Class

Franklin recorded equity assets of $656.1 billion, which increased 4% from the previous month. The fixed income AUM of $441.3 billion at the end of June 2025 increased marginally from the prior month. Alternative AUM decreased slightly from the prior month to $254 billion.

Multi-asset AUM was $183 billion, up 2.6% from May 2025. Additionally, the cash management balance was $71.9 billion, up 1.3% from the previous month.

Our Viewpoint on Franklin

June showed improvement for BEN, with total AUM growth driven by positive markets despite net outflows. However, the slight drop in alternative AUM remains a concern, despite a modest rise in fixed income AUM. Nonetheless, Franklin’s inorganic expansion efforts continue to support its financials.

BEN's Price Performance and Zacks Rank

Over the past six months, BEN shares have gained 24.4%, against the industry’s decline of 3.3%.

Franklin currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Stocks to Consider

Two stocks, ALLIANCE CAP MANAGEMENT L.P.  AB and Victory Capital Holdings, Inc. VCTR, will announce their monthly performances in the upcoming days.

AB shares have risen 10.8% in the past year, while VCTR shares have risen 2.6% in the past six months. 

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This article originally published on Zacks Investment Research (zacks.com).

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