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The fund was created in 1948 and has paid uninterrupted dividends for 60 years. The Franklin Income Fund is constructed primarily of dividend-paying stocks and bonds (2%). Franklin Templeton launched its first exchange-traded funds (ETFs) in 2013.
In 2021, Franklin Templeton Investments acquired Legg Mason for $4.5 billion. [14] As Clarion was a subsidiary under Legg Mason, it has now become a subsidiary under Franklin Templeton Investments. [15] On September 11, 2005, Co-founder Weisz passed away. [16] On May 13, 2014, Co-founder Sullivan retired from the firm. [4]
This page was last edited on 16 December 2012, at 21:11 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
A money market fund is a mutual fund that invests in short-term securities with very little credit risk. These securities may be issued by governments, corporations or financial institutions that ...
The Vanguard Federal Money Market Fund is about as safe as a money market fund can be. It invests at least 99.5% of its assets in cash, U.S. government securities and repurchase agreements backed ...
[2] [3] [4] [6] K2 Advisors used the money from deal to buy out TA Associates stake which allowed Franklin Templeton Investments to have 100% ownership of K2 Advisors. [2] [4] In 2019, K2 Advisors expanded its business to Europe with a new fund range which allowed local investors there to have access to U.S.-based fund managers. [9]
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