11:13 AM EDT, 08/12/2024 (MT Newswires) -- Franklin Resources ( BEN ) reported preliminary assets under management rose to $1.663 trillion in July from $1.647 trillion in June.

The increase "reflected the impact of positive markets partially offset by modest long-term net outflows" the company said Monday in a statement.

Shares of Franklin Resources ( BEN ) fell 1.4% in recent trading Monday.

Price: 21.84, Change: -0.32, Percent Change: -1.44