Franklin Municipal Ladder 1-15 Year SMA Fund Q3 2024 Commentary [Seeking Alpha]
Franklin Resources, Inc. (BEN)
Last franklin resources, inc. earnings: 4/30 08:30 am
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US:NYSE Investor Relations:
investors.franklinresources.com/investor-relations/investor-relations/default.aspx
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Source: Seeking Alpha
7min Summary The municipal bond market saw positive returns in Q3 2024, driven by strong demand despite increased issuance and economic volatility. High-yield muni bonds outperformed investment-grade debt; however, the 1-15 year laddered strategy underperformed due to higher allocation to AAA rated bonds. The Fed's significant interest-rate cut in September and a potential flattening of the UST yield curve are expected to boost muni bond demand. Stable fundamentals and healthy financial positions in the muni market are supportive, but rigorous research is crucial amid normalizing credit conditions and economic cooling. EtiAmmos/iStock via Getty Images Performance Data Average Annual Total Returns (USD %) 3 Mths YTD 1 Year 3 Year Since Inception (12/31/2019) Franklin Municipal Ladder 1-15 Year SMA - Pure GROSS Franklin Municipal Ladder 1-15 Year SMA - NET Bloomberg Municipal 1-15 Year Index Click to enlarge Calendar Year Returns (USD %) Franklin Mun
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BEN
News
- BEN Investors Have Opportunity to Join Franklin Resources, Inc. Securities Fraud Investigation with the Schall Law FirmPR Newswire
- Franklin Long Maturity Municipal SMA Q3 2024 Commentary [Seeking Alpha]Seeking Alpha
- Franklin Municipal Green Bond SMA Fund Q3 2024 Commentary [Seeking Alpha]Seeking Alpha
- Franklin Managed Income Fund Q3 2024 Commentary [Seeking Alpha]Seeking Alpha
- Franklin Low Duration U.S. Government Securities Fund Q3 2024 Commentary [Seeking Alpha]Seeking Alpha
BEN
Earnings
- 11/4/24 - Miss
BEN
Sec Filings
- 11/14/24 - Form 4
- 11/12/24 - Form 10-K
- 11/12/24 - Form 4
- BEN's page on the SEC website