Franklin Resources Inc. (NYSE: BEN) reported preliminary assets under management of $1.74 trillion at April 30, 2026, compared to $1.68 trillion at March 31, 2026, according to a company statement.

The increase reflected positive market performance and long-term net inflows of $4 billion, which included $1 billion of long-term net outflows at Western Asset Management. Excluding Western Asset Management, preliminary long-term net inflows totaled $5 billion.

By asset class, equity assets reached $724.0 billion, up from $669.7 billion in March. Fixed income assets totaled $437.2 billion compared to $434.3 billion the previous month. Alternative investments grew to $286.0 billion from $282.8 billion, while multi-asset funds increased to $217.4 billion from $207.5 billion.

Cash management assets decreased to $79.9 billion from $87.8 billion in March.

Western Asset Management had preliminary assets under management of $216 billion at April 30, 2026, down from $224 billion at March 31, 2026. The subsidiary experienced cash management net outflows of $9 billion and long-term net outflows of $1 billion, partially offset by positive market impacts.

The company noted that the financial results are preliminary. Franklin Templeton, founded in 1947, provides investment management services across public and private markets.