AI English summary of an SEC filing — figures as filed
Franklin Templeton BENFranklin Templeton said total AUM as of March 31, 2025 was $1,540.6 billion, 8% lower than at September 30, 2024 and 6% lower than at March 31, 2024. Monthly average AUM for the 3 months decreased 1% from the same period in the prior fiscal year.
Key points
AI summaryFranklin Templeton said total AUM as of March 31, 2025 was $1,540.6 billion, 8% lower than at September 30, 2024 and 6% lower than at March 31, 2024. Monthly average AUM for the 3 months decreased 1% from the same period in the prior fiscal year.
The company said AUM decreased $35.1 billion, or 2%, during the 3 months ended March 31, 2025, with long-term net outflows of $26.2 billion including $33.6 billion of long-term net outflows at WAM. It added that WAM outflows increased significantly following investment performance issues and the announcement of ongoing regulatory investigations.
Franklin Templeton said investment management fees decreased $40.3 million for the 3 months ended March 31, 2025, citing a 1% decrease in average AUM and a decrease in performance fees as factors. Performance fees declined to $71.9 million from $85.2 million.
Franklin Templeton repaid $400.0 million of 2.850% senior notes on March 31, 2025 using existing cash and borrowings under its revolving credit facility. The company also entered into an Amended and Restated Revolving Credit Agreement on April 30, 2025 with a 5-year maturity and a total commitment of $1.1 billion.
Key figures
Quarter ended March 31, 2025
- Revenue
- $2.1B
- Operating income
- $146M
- Net income
- $151M
- EPS
- $0.26
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Total AUM of $1,540.6 billion as of March 31, 2025
Franklin Templeton said total AUM as of March 31, 2025 was $1,540.6 billion, 8% lower than at September 30, 2024 and 6% lower than at March 31, 2024. Monthly average AUM for the 3 months decreased 1% from the same period in the prior fiscal year.
Source · Based on the MD&A text of the filing
AUM decreased $35.1 billion over 3 months and WAM net outflows
The company said AUM decreased $35.1 billion, or 2%, during the 3 months ended March 31, 2025, with long-term net outflows of $26.2 billion including $33.6 billion of long-term net outflows at WAM. It added that WAM outflows increased significantly following investment performance issues and the announcement of ongoing regulatory investigations.
Source · Based on the MD&A text of the filing
Investment management fees decreased $40.3 million for 3 months
Franklin Templeton said investment management fees decreased $40.3 million for the 3 months ended March 31, 2025, citing a 1% decrease in average AUM and a decrease in performance fees as factors. Performance fees declined to $71.9 million from $85.2 million.
Source · Based on the MD&A text of the filing
Senior notes repaid and new revolving credit agreement entered into
Franklin Templeton repaid $400.0 million of 2.850% senior notes on March 31, 2025 using existing cash and borrowings under its revolving credit facility. The company also entered into an Amended and Restated Revolving Credit Agreement on April 30, 2025 with a 5-year maturity and a total commitment of $1.1 billion.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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