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Go Tax Center Search by Name, Number, Symbol or CUSIP Find a FundFindFund CategoriesEquityFixed IncomeMulti-AssetAlternativesTo view the fund page, click or press the Enter key on the desired fundView All FundsSelect a FundClosefinancial-professionalsindexStuff found on opening the site map on Jan 18thAccount Opening Redirection PageElectronic Delivery AgreementElectronic Services AgreementspeedtestInvestments & SolutionsExplore our line up of products.Investment Optionsinvestments-and-solutions/investment-options/indexinvestments-and-solutions/investment-options/mutual-funds/indexExplore Franklin Templeton’s entire mutual fund lineup.Mutual Fundsinvestments-and-solutions/investment-options/mutual-funds/index-fpHistoricalHistorical distributions lightbox.Historical Distributionsinvestments-and-solutions/investment-options/mutual-funds/historical/historical-distributionsHistorical performance after tax lightbox.Historical Performance 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Informationinvestments-and-solutions/investment-options/mutual-funds/tax-info-fpinvestments-and-solutions/investment-options/mutual-funds/resourcesDocumentsinvestments-and-solutions/investment-options/mutual-funds/resources-fpFind a fund lightbox opened by clicking the breadcrumb "Find A Fund" button.Find A Fund Lightboxinvestments-and-solutions/investment-options/mutual-funds/find-a-fundTargettedcomponentpageinvestments-and-solutions/investment-options/TargettedcomponentpageAttributioninvestments-and-solutions/investment-options/mutual-funds/attributionenabledAttribution XLSinvestments-and-solutions/investment-options/mutual-funds/attributionxlsFund Commentaryinvestments-and-solutions/investment-options/mutual-funds/fund-commentaryenabledinvestments-and-solutions/investment-options/products/resources-myfiResources MyFiinvestments-and-solutions/investment-options/mutual-funds/resources-myfiinvestments-and-solutions/investment-options/products/tax-info-myfiTax Information MyFiinvestments-and-solutions/investment-options/mutual-funds/tax-info-myfiinvestments-and-solutions/investment-options/etfs/indexGet to know the Franklin LibertyShares® line of active, smart beta and passive ETFs.Exchange Traded Funds (ETFs)investments-and-solutions/investment-options/etfs/index-fpFranklin LibertySharesinvestments-and-solutions/investment-options/etfs/franklin-libertysharesPassive ETFsinvestments-and-solutions/investment-options/etfs/franklin-libertyshares/passive-etfsSmart Beta ETFsinvestments-and-solutions/investment-options/etfs/franklin-libertyshares/smart-beta-etfsActive ETFsinvestments-and-solutions/investment-options/etfs/franklin-libertyshares/active-etfsManage Volatilityinvestments-and-solutions/investment-options/etfs/franklin-libertyshares/manage-volatilityNavigate a Rising Interest Rate Environmentinvestments-and-solutions/investment-options/etfs/franklin-libertyshares/navigate-rising-ratesThematic ETFsinvestments-and-solutions/investment-options/etfs/franklin-libertyshares/thematic-etfsOverviewinvestments-and-solutions/investment-options/etfs/overviewPortfolioinvestments-and-solutions/investment-options/etfs/portfolioinvestments-and-solutions/investment-options/etfs/performancePerformanceinvestments-and-solutions/investment-options/etfs/performance-fpDistributionsinvestments-and-solutions/investment-options/etfs/price-and-distributionTax Informationinvestments-and-solutions/investment-options/etfs/tax-infoDocumentsinvestments-and-solutions/investment-options/etfs/documentsPrice and Performanceinvestments-and-solutions/investment-options/etfs/price-and-performanceInvestment Idea International Exposureinvestments-and-solutions/investment-options/etfs/investment-idea-international-exposureFTSDinvestments-and-solutions/investment-options/etfs/ftsdinvestments-and-solutions/investment-options/closed-end-funds/indexReview a list of Franklin Templeton's closed-end funds.Closed-End Fundsinvestments-and-solutions/investment-options/closed-end-funds/index-fpHistoricalHistorical distributions lightbox.Historical Distributionsinvestments-and-solutions/investment-options/closed-end-funds/historical/historical-distributionsHistorical average annual performance lightbox.Historical Performance Average Annualinvestments-and-solutions/investment-options/closed-end-funds/historical/historical-performance-average-annualHistorical cumulative performance lightbox.Historical Performance Cumulativeinvestments-and-solutions/investment-options/closed-end-funds/historical/historical-performance-cummulativeHistorical pricing lightbox.Historical Pricinginvestments-and-solutions/investment-options/closed-end-funds/historical/historical-pricingPricinginvestments-and-solutions/investment-options/closed-end-funds/pricingOverviewinvestments-and-solutions/investment-options/closed-end-funds/overviewPortfolioinvestments-and-solutions/investment-options/closed-end-funds/portfolioPerformanceinvestments-and-solutions/investment-options/closed-end-funds/performanceDistributionsinvestments-and-solutions/investment-options/closed-end-funds/distributions-pricingTax Informationinvestments-and-solutions/investment-options/closed-end-funds/tax-infoDocumentsinvestments-and-solutions/investment-options/closed-end-funds/resourcesinvestments-and-solutions/investment-options/separately-managed-accountsUnderstand the benefits of having a separately managed account and the portfolios we offer.Separately Managed Accountsinvestments-and-solutions/investment-options/separately-managed-accounts-fpWhen clients have specific portfolio requirements that demand investment solutions beyond your practice's standard offering, think ClearBridge Custom Solutions.ClearBridge Custom Solutionsinvestments-and-solutions/investment-options/clearbridge-custom-solutionsTake a closer look at the products in our Collective Investment Trust range.Collective Investment Trusts (CITs)investments-and-solutions/investment-options/collective-investment-trustsSee more information about our institutional fund offerings.Institutional Mutual Funds%23ppssfilter_ZmZfZnVuZFR5cGVQcm9jZXNzZWQudmFsPUluc3RpdHV0aW9uYWw%3D%2Finvestments-and-solutions/investment-options/mutual-funds/indexView more information on the performance of our Variable Insurance Products.Variable Insurance Productsinvestments-and-solutions/investment-options/vip/indexOverviewinvestments-and-solutions/investment-options/vip/overviewenabled-loggedinPortfolioinvestments-and-solutions/investment-options/vip/portfolioenabled-loggedinPerformanceinvestments-and-solutions/investment-options/vip/performanceenabled-loggedinDocumentsinvestments-and-solutions/investment-options/vip/resourcesenabled-loggedinenabledinvestments-and-solutions/investment-options/529-college-saving-plansStudy up on our 529 portfolios for tax-advantaged education savings.529 Portfoliosinvestments-and-solutions/investment-options/529-college-saving-plans-fpLearn more about Franklin Templeton's model portfolios and whether they're right for you and your clients.Model Portfoliosinvestments-and-solutions/investment-options/model-portfoliosLearn more about Franklin Templeton's model portfolios and whether they're right for you and your clients.Model Portfolios newinvestments-and-solutions/investment-options/model-portfolios-oldModel Portfolios RA - Deleteinvestments-and-solutions/investment-options/model-portfolios-raFranklin Templeton and Legacy Legg Mason Productsinvestments-and-solutions/investment-options/productsYour clients have diverse concerns, expectations and goals. Use these materials to tackle a wide range of investment strategies and conversations.Solutionsinvestments-and-solutions/solutions/indexFor many advisors, DC plans are a key part of their practices. Explore our resources to help you start or augment your DC business.Defined Contribution (401k)investments-and-solutions/solutions/defined-contribution/indexInsightsinvestments-and-solutions/solutions/defined-contribution/insightsRetirement Tierinvestments-and-solutions/solutions/defined-contribution/retirement-tierLifeSmart: A Smarter Glide Pathinvestments-and-solutions/solutions/defined-contribution/lifesmart-tdfDefined Contribution Solutionsinvestments-and-solutions/solutions/defined-contribution/custom-solutionsCompare retirement plan options for small businesses and non-profits.Other Business Retirement Plansinvestments-and-solutions/solutions/small-business-retirement/indexContribution Limitsinvestments-and-solutions/solutions/small-business-retirement/contribution-limitsThis section provides an overview of eContributions, a convenient web-based payroll contribution system for small business retirement plans.eContributionsinvestments-and-solutions/solutions/small-business-retirement/econtributionsView strategies and tools to help your clients as they plan for retirement.Individual Retirementinvestments-and-solutions/solutions/individual-retirement/indexSocial Security isn't just a government program; it can be an important component of your client's retirement income plan.Re-Think Social Securityinvestments-and-solutions/solutions/individual-retirement/rethink-social-security/indexRe-think Social Security: FAQsinvestments-and-solutions/solutions/individual-retirement/rethink-social-security/faqsRe-think Social Security Infographicinvestments-and-solutions/solutions/individual-retirement/rethink-social-security/infographicRetireMetrics uses measures that can help you evaluate mutual funds that may best support an investment strategy for the income needs phase of your clients' retirement.RetireMetrics&reg;investments-and-solutions/solutions/individual-retirement/retiremetricsinvestments-and-solutions/solutions/individual-retirement/retirement-research/indexinvestments-and-solutions/solutions/individual-retirement/retirement-research/This annual survey explores people's retirement expectations and behaviors, as well as the impact of working with an advisor in preparing for What's Next.Retirement Researchcampaigns/rise-2020Help families minimize student debt for kids and grandchildren by planning for future education costs.Education Savingsinvestments-and-solutions/solutions/education-savings/indexExplore 529 resources and reasons why advisors, like you, use Franklin Templeton 529 College Savings Plan.529 Portfoliosinvestments-and-solutions/solutions/education-savings/529-college-savings-plansUnderstanding Financial Aid Webinarinvestments-and-solutions/solutions/education-savings/understanding-financial-aid-webinarenabled-loggedinThe fun and interactive way friends and family can make contributions toward a 529 college savings plan.Spryng by Franklin Templetoninvestments-and-solutions/solutions/education-savings/529-gifting/index529 Gifting FAQsinvestments-and-solutions/solutions/education-savings/529-gifting/faqsGift Announcementsinvestments-and-solutions/solutions/education-savings/529-gifting/gift-announcementsGet the latest pricing and performance on all the 529 portfolio options.529 Prices and Performanceinvestments-and-solutions/investment-options/529-college-saving-plansExplore age-based risk tracks, objective-based and individual portfolio options available in plan.529 Portfolio Optionsinvestments-and-solutions/solutions/education-savings/529-portfolio-options529 Savings Plans: 2018 Tax Reform FAQsinvestments-and-solutions/solutions/education-savings/529-saving-plans-faqs529 Gift Contributionsforms-literature/download/529-FGIFT529 Gifting FAQsinvestments-and-solutions/solutions/education-savings/529-gifting-faq529 Social Media Libraryinvestments-and-solutions/solutions/education-savings/529-social-media-libraryenabledThree Things You Need to Know about 529sinvestments-and-solutions/solutions/education-savings/three-things-about-529sEducation Savings FAQsinvestments-and-solutions/solutions/education-savings/faqsUGMA/UTMA Accountsinvestments-and-solutions/solutions/education-savings/ugma-utma-accountsCoverdell Education Savingsinvestments-and-solutions/solutions/education-savings/coverdell-education-savings529 Withdrawal Processinvestments-and-solutions/solutions/education-savings/529-withdrawalCollege Savings Projectorhttps://sites.savingforcollege.com/franklin-templeton/public/college-savings-projector/College Funding Calculatorhttps://sites.savingforcollege.com/franklin-templeton/public/college-funding-calculator/529 Program and Portfolioinvestments-and-solutions/solutions/education-savings/529-program-and-portfolioenabled529 Supportinvestments-and-solutions/solutions/education-savings/529-supportenabled529 Tools and Resourcesinvestments-and-solutions/solutions/education-savings/529-tools-and-resourcesenabledenabledWorkplace 529 Programinvestments-and-solutions/solutions/education-savings/workplace-529-programenabledMake an impact to your favorite charities, build a family legacy of giving and get a tax deduction.Charitable Givinginvestments-and-solutions/solutions/charitable-giving/indexOur hypothetical investor stories can help your clients see themselves in the investment experience. What will their journey look like?Investor Storiesinvestments-and-solutions/solutions/charitable-giving/investor-stories/indexThis annual survey explores people's retirement expectations and behaviors, as well as the impact of working with an advisor in preparing for What's Next.Retirement Researchinvestments-and-solutions/solutions/individual-retirement/retirement-research/indexPortfolio Servicesinvestments-and-solutions/portfolio-services/indexGet to know our Portfolio Construction Services.Portfolio Construction Servicesinvestments-and-solutions/portfolio-services/portfolio-construction-servicesGet in touch with us for a full review of your investment line-up.Portfolio Matrix Reviewinvestments-and-solutions/portfolio-services/portfolio-matrix-reviewTest your model portfolios and receive potential recommendations.Portfolio Consultinginvestments-and-solutions/portfolio-services/portfolio-consultingGive your model portfolios a health check.Portfolio Analysisinvestments-and-solutions/portfolio-services/portfolio-analysisFind more information on our funds, including ratings, commentary and detailed portfolio holdings.Investment Resourcesinvestments-and-solutions/investment-resources/indexAccess historical monthly and quarterly fund commentary here (login required).Fund Commentaryinvestments-and-solutions/investment-resources/fund-commentaryenabledA fund commentary detail view (quarterly)Fund Commentary Quarterlyinvestments-and-solutions/investment-resources/fund-commentary-quarterlyenabled-loggedinAccess detailed portfolio holdings reports for each Franklin Templeton mutual fund.Detailed Portfolio Holdingsinvestments-and-solutions/investment-resources/detailed-portfolio-holdingsA detailed view of the current sales charges and breakpoints on all of Franklin Templeton's fund share classes.Sales Charges & Breakpointsinvestments-and-solutions/investment-resources/sales-charges-breakpointsFind paid, pending and estimated capital gains distribution information for the past two years.Capital Gains Distributioninvestments-and-solutions/investment-resources/capital-gains-distributionsView a weekly recap of market activity.What Happened Last Weekinvestments-and-solutions/investment-resources/what-happened-last-weekInterval Fundsinvestments-and-solutions/investment-options/interval-fundsInsightsinsights/indexCommentaryinsights/ftthinks/commentaryFranklin Templeton investment specialists explore the implications of what might happen if we face certain shocks to macroeconomic factors, including shocks to global growth, inflation, regulation, and interest rates.Shocks to Macroeconomic Factorsinsights/shocks-to-macroeconomic-factorsTools & ResourcesToolstools-and-resources/tools/indexUse this tool to create hypothetical investment portfolios, compare portfolios or compare investments using Franklin Templeton funds and other funds.Hypotheticalstools-and-resources/tools/hypotheticalsCompare Franklin Templeton funds by asset class, performance record and more.Fund Comparisontools-and-resources/tools/fund-comparisonCreate claiming strategies to help your clients maximize their Social Security benefits.Social Security Optimizertools-and-resources/tools/social-security-optimizerUse these interactive tools to help clients plan for retirement, college and other financial goals.Investment Calculators and Toolstools-and-resources/tools/investment-calculatorsRoth IRA Conversion Plannertools-and-resources/tools/investment-calculators/roth-ira-conversion-plannerTaxable-Equivalent Yield Calculatortools-and-resources/tools/investment-calculators/taxable-equivalent-yield-calculatorLinkedIn Guidelinestools-and-resources/tools/linked-in-guidelinesCustomizable Hypotheticalstools-and-resources/tools/customizable-hypotheticalsFocusing on Fundamentals During Market Volatilityhttps://www.franklintempleton.com/content-common/market-commentary/en_US/IBS_YECOM_1218.pdfHelp walk your clients through challenging market conditions with these resources.Volatility Resources for Your Clientstools-and-resources/tools/volatility-resources-for-your-clientsClearBridge Investments, a specialist investment manager, of Franklin Templeton designed the Anatomy of a Recession (AOR) program to deliver thoughtful perspective on the state of the US economy, with concise, practical views updated every month.Anatomy of a Recession (AOR)campaigns/us-economy-anatomy-of-a-recessionView items that have ordered or downloaded in our Forms & Literature section.Literaturetools-and-resources/literature/indexView and download our fund fact sheets.Fund Fact Sheetstools-and-resources/literature/browse/type/fund-fact-sheetsView and download our product profiles.Product Profilestools-and-resources/literature/browse/type/product-profilesProspectusestools-and-resources/literature/browse/type/fund-prospectusesView details on orders that you've had mailed out to your own address or other addresses.Order 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Crisistools-and-resources/investor-education/talking-markets-podcast/expect-significant-changes-following-the-coronavirus-crisistools-and-resources/developing-your-practice/talking-markets-podcast/gauging-the-fallout-and-reasons-for-optimismGauging the Fallout and Reasons for Optimismtools-and-resources/investor-education/talking-markets-podcast/gauging-the-fallout-and-reasons-for-optimismtools-and-resources/developing-your-practice/talking-markets-podcast/perspective-on-china-and-emerging-markets-recovery-beginsPerspective on China and Emerging Markets: Recovery Beginstools-and-resources/investor-education/talking-markets-podcast/perspective-on-china-and-emerging-markets-recovery-beginstools-and-resources/developing-your-practice/talking-markets-podcast/preparing-for-a-recession-whats-different-from-the-global-financial-crisisPreparing for a Recession: What's Different from the Global Financial Crisistools-and-resources/investor-education/talking-markets-podcast/preparing-for-a-recession-whats-different-from-the-global-financial-crisistools-and-resources/developing-your-practice/talking-markets-podcast/navigating-uncharted-territory-and-market-volatilityNavigating Uncharted Territory and Market Volatilitytools-and-resources/investor-education/talking-markets-podcast/navigating-uncharted-territory-and-market-volatilitytools-and-resources/developing-your-practice/talking-markets-podcast/looking-ahead-market-volatility-and-preparing-for-possible-outcomesLooking Ahead: Market Volatility and Preparing for Possible Outcomestools-and-resources/investor-education/talking-markets-podcast/looking-ahead-market-volatility-and-preparing-for-possible-outcomestools-and-resources/developing-your-practice/talking-markets-podcast/coping-with-coronavirus-induced-market-volatilityCoping with Coronavirus-Induced Market Volatilitytools-and-resources/investor-education/talking-markets-podcast/coping-with-coronavirus-induced-market-volatilitytools-and-resources/developing-your-practice/talking-markets-podcast/experiences-expectations-and-efficiencyExperiences, Expectations and Efficiency: Helping Financial Advisors in the 2020stools-and-resources/investor-education/talking-markets-podcast/experiences-expectations-and-efficiencytools-and-resources/developing-your-practice/talking-markets-podcast/multi-asset-implications-of-the-coronavirus-outbreakMulti-Asset Implications of the Coronavirus Outbreaktools-and-resources/investor-education/talking-markets-podcast/multi-asset-implications-of-the-coronavirus-outbreaktools-and-resources/developing-your-practice/talking-markets-podcast/will-the-us-economy-survive-the-politics-in-2020Will the US Economy Survive the Politics in 2020?tools-and-resources/investor-education/talking-markets-podcast/will-the-us-economy-survive-the-politics-in-2020tools-and-resources/developing-your-practice/talking-markets-podcast/secure-act-signed-into-law-sweeping-changesSECURE Act Signed into Law: Sweeping Changes for the US Retirement Systemtools-and-resources/investor-education/talking-markets-podcast/secure-act-signed-into-law-sweeping-changestools-and-resources/developing-your-practice/talking-markets-podcast/gio-coping-with-a-changing-marketGlobal Investment Outlook: Coping with a Changing Market Landscape in 2020tools-and-resources/investor-education/talking-markets-podcast/gio-coping-with-a-changing-markettools-and-resources/developing-your-practice/talking-markets-podcast/sustainable-investing-for-today-and-tomorrowSustainable Investing for Today & Tomorrowtools-and-resources/investor-education/talking-markets-podcast/sustainable-investing-for-today-and-tomorrowtools-and-resources/developing-your-practice/talking-markets-podcast/us-and-european-equity-outlookUS & European Equity Outlook: Growth and Opportunitiestools-and-resources/investor-education/talking-markets-podcast/us-and-european-equity-outlooktools-and-resources/developing-your-practice/talking-markets-podcast/health-savings-accounts-how-they-workHealth Savings Accounts: How They Work and Are They Right for You?tools-and-resources/investor-education/talking-markets-podcast/health-savings-accounts-how-they-worktools-and-resources/developing-your-practice/talking-markets-podcast/staying-nimble-amid-an-uncertain-outlookStaying Nimble Amid an Uncertain Outlooktools-and-resources/investor-education/talking-markets-podcast/staying-nimble-amid-an-uncertain-outlooktools-and-resources/developing-your-practice/talking-markets-podcast/health-care-sector-innovation-and-insightHealth Care Sector Innovation and Insighttools-and-resources/investor-education/talking-markets-podcast/health-care-sector-innovation-and-insighttools-and-resources/developing-your-practice/talking-markets-podcast/engaging-a-new-generation-of-investorsEngaging a New Generation of Investorstools-and-resources/investor-education/talking-markets-podcast/engaging-a-new-generation-of-investorstools-and-resources/developing-your-practice/talking-markets-podcast/midyear-outlook-reining-in-riskMidyear Outlook: Reining in Risktools-and-resources/investor-education/talking-markets-podcast/midyear-outlook-reining-in-risktools-and-resources/developing-your-practice/talking-markets-podcast/moving-ahead-an-update-on-us-retirement-legislationAn Update on US Retirement Legislationtools-and-resources/investor-education/talking-markets-podcast/moving-ahead-an-update-on-us-retirement-legislationtools-and-resources/developing-your-practice/talking-markets-podcast/unlocking-innovation-strategies-from-silicon-valley-ceosUnlocking Innovation: Strategies from Silicon Valley CEOstools-and-resources/investor-education/talking-markets-podcast/unlocking-innovation-strategies-from-silicon-valley-ceostools-and-resources/developing-your-practice/talking-markets-podcast/market-movements-outlook-and-valuations-for-us-equitiesMarket Movements: Outlook and Valuations for US Equitiestools-and-resources/investor-education/talking-markets-podcast/market-movements-outlook-and-valuations-for-us-equitiestools-and-resources/developing-your-practice/talking-markets-podcast/impact-of-cares-act-on-the-us-retirement-systemImpact of CARES Act on the US Retirement Systemtools-and-resources/investor-education/talking-markets-podcast/impact-of-cares-act-on-the-us-retirement-systemtools-and-resources/developing-your-practice/talking-markets-podcast/rescuing-markets-and-the-economyRescuing Markets and the Economy: Impacts of Massive Monetary and Fiscal Stimulustools-and-resources/investor-education/talking-markets-podcast/rescuing-markets-and-the-economytools-and-resources/developing-your-practice/talking-markets-podcast/how-covid-19-is-testing-the-resiliency-of-emerging-marketsHow COVID-19 is Testing the Resiliency of Emerging Marketstools-and-resources/investor-education/talking-markets-podcast/how-covid-19-is-testing-the-resiliency-of-emerging-marketstools-and-resources/developing-your-practice/talking-markets-podcast/equity-markets-vs-main-streetEquity Markets vs. Main Street: Views on the Divergence and Considerations for Different Sectorstools-and-resources/investor-education/talking-markets-podcast/equity-markets-vs-main-streettools-and-resources/developing-your-practice/talking-markets-podcast/a-multi-asset-viewEd Perks, CIO, Franklin Templeton Multi-Asset Solutions, looks ahead at what to expect for the second half of the year—implications of the US economy opening, the impact of monetary and fiscal response, and the risk for a wave of downgrades and defaults.What’s Next for Markets as Lockdowns Lift: A Multi-Asset Viewtools-and-resources/investor-education/talking-markets-podcast/a-multi-asset-viewtools-and-resources/developing-your-practice/talking-markets-podcast/the-impact-of-the-coronavirus-crisisFranklin Equity Group’s Matt Moberg explores equity investing in the wake of the coronavirus—with an eye on innovation. He shares his outlook for the tech and biotech sectors in light of recent market uncertainty.Investing in Innovation: The Impact of the Coronavirus Crisistools-and-resources/investor-education/talking-markets-podcast/the-impact-of-the-coronavirus-crisistools-and-resources/developing-your-practice/talking-markets-podcast/risk-assets-and-reshaping-of-the-economyFranklin Templeton Multi-Asset Solutions' Gene Podkaminer and Wylie Tollette put market activity in perspective amidst a pandemic and social unrest. They also detail why they believe risk assets are most favorable near-term.Risk Assets and Reshaping of the Economytools-and-resources/investor-education/talking-markets-podcast/risk-assets-and-reshaping-of-the-economytools-and-resources/developing-your-practice/talking-markets-podcast/considering-mortgage-backed-securitiesConsidering Mortgage-Backed Securities for Stability in a Fixed Income Portfoliotools-and-resources/investor-education/talking-markets-podcast/considering-mortgage-backed-securitiestools-and-resources/developing-your-practice/talking-markets-podcast/emerging-divergences-in-economies-and-financial-marketsEd Perks, Chief Investment Officer, Franklin Templeton Multi-Asset Solutions, looks at concerning factors in the US, reasons for optimism in Europe, and early success in Asia.Emerging Divergences in Economies & Financial Marketstools-and-resources/investor-education/talking-markets-podcast/emerging-divergences-in-economies-and-financial-marketsInvestment Opportunities Resulting from Accelerated Disruption and Innovationtools-and-resources/investor-education/talking-markets-podcast/investment-opportunities-from-accelerated-disruption-and-innovationtools-and-resources/developing-your-practice/talking-markets-podcast/us-election-heightens-pandemic-uncertaintyUS Election Heightens Pandemic Uncertaintytools-and-resources/investor-education/talking-markets-podcast/us-election-heightens-pandemic-uncertaintytools-and-resources/developing-your-practice/talking-markets-podcast/work-life-and-investingWork, Life and Investing: How the Pandemic is Shaping the Futuretools-and-resources/investor-education/talking-markets-podcast/work-life-and-investingtools-and-resources/developing-your-practice/talking-markets-podcast/possible-US-election-impacts-on-the-technology-and-healthcare-sectorsHead of Equities Stephen Dover speaks with Grant Bowers, Portfolio Manager, Franklin Equity Group, about how the upcoming US elections could affect the technology and healthcare sectors.Possible US Election Impacts on the Technology and Healthcare Sectorstools-and-resources/investor-education/talking-markets-podcast/possible-US-election-impacts-on-the-technology-and-healthcare-sectorstools-and-resources/developing-your-practice/talking-markets-podcast/tax-implications-of-US-election-resultsStephen Dover, Head of Equities, Franklin Templeton speaks with Fiduciary Trust's Craig Richards about the potential tax implications of US election results and how various outcomes could impact income, investments and retirement plans.Tax Implications of US Election Resultstools-and-resources/investor-education/talking-markets-podcast/tax-implications-of-US-election-resultstools-and-resources/developing-your-practice/talking-markets-podcast/the-possibility-for-more-us-stimulus-and-sectors-that-could-benefitWith the US election a few days away, our Head of Equities, Stephen Dover, speaks with Ken Leech, CIO from Western Asset Management Company—a specialist investment manager of Franklin Templeton all about it.US Election Preview: The Possibility for More US Stimulus and Sectors That Could Benefittools-and-resources/investor-education/talking-markets-podcast/the-possibility-for-more-us-stimulus-and-sectors-that-could-benefittools-and-resources/developing-your-practice/talking-markets-podcast/how-shifting-attitudes-impact-recoveryIn our latest Election Pulse, Franklin Templeton Fixed Income CIO Sonal Desai is joined by Gallup’s Jonathan Rothwell to discuss survey findings on COVID-19 and its impact on the consumer.US 2020 Election Investment Pulse: How Shifting Attitudes Impact Recoverytools-and-resources/investor-education/talking-markets-podcast/how-shifting-attitudes-impact-recoverytools-and-resources/developing-your-practice/talking-markets-podcast/the-only-certainty-is-uncertaintyWe’re looking at how current uncertainty surrounding the US election and other factors is affecting equity markets. Our Head of Equities Stephen Dover and Gene Todd of Fiduciary Trust Company International join Katie Klingensmith for this conservation.US 2020 Election Investment Pulse: The Only Certainty is Uncertaintytools-and-resources/investor-education/talking-markets-podcast/the-only-certainty-is-uncertaintytools-and-resources/developing-your-practice/talking-markets-podcast/no-blue-wave-lessens-policy-uncertaintyWhile many US election results are still up in the air, including the presidential race, there’s actually some clarity positively impacting equity markets. Our experts discuss this and more in our latest Election Pulse.US 2020 Election Investment Pulse: No Blue Wave Lessens Policy Uncertaintytools-and-resources/investor-education/talking-markets-podcast/no-blue-wave-lessens-policy-uncertaintytools-and-resources/developing-your-practice/talking-markets-podcast/opportunities-in-equity-sectorsOur experts discuss what the latest US election results likely mean for the technology and health care sectors. They also share their thoughts on potential investment opportunities in other sectors in a global landscape defined by COVID-19.US 2020 Election Investment Pulse: Opportunities in Equity Sectorstools-and-resources/investor-education/talking-markets-podcast/opportunities-in-equity-sectorstools-and-resources/developing-your-practice/talking-markets-podcast/stimulus-and-thinking-differently-about-riskAs investors await the US presidential election’s final outcome, our Stephen Dover and Gene Podkaminer discuss why they think it is increasingly vital for a divided US Congress to provide additional fiscal stimulus to get the US economy back on track.US 2020 Election Investment Pulse: Stimulus and Thinking Differently about Risktools-and-resources/investor-education/talking-markets-podcast/stimulus-and-thinking-differently-about-risktools-and-resources/developing-your-practice/talking-markets-podcast/time-for-strategy-rotationGlobal equity markets rallied on Monday after major networks declared Joe Biden the winner of the US presidential election, and early analysis of a COVID-19 vaccine from a large US drugmaker showed promising results.US 2020 Election Investment Pulse: Time for Strategy Rotationtools-and-resources/investor-education/talking-markets-podcast/time-for-strategy-rotationtools-and-resources/developing-your-practice/talking-markets-podcast/positive-for-europeOur Katrina Dudley and David Zahn discuss the implications for European equities and fixed income of a new US administration, including the “green” agenda Europe has prioritized.US 2020 Election Investment Pulse: Positive for Europetools-and-resources/investor-education/talking-markets-podcast/positive-for-europetools-and-resources/developing-your-practice/talking-markets-podcast/policy-and-pandemic-guide-macro-viewWill the global economy right itself in 2021? Templeton Global Macro CIO Michael Hasenstab and Francis Scotland, Director of Global Macro Research at Brandywine Global, share their macro outlook for the year ahead.US 2020 Election Investment Pulse: Policy and Pandemic Guide Macro Viewtools-and-resources/investor-education/talking-markets-podcast/policy-and-pandemic-guide-macro-viewtools-and-resources/developing-your-practice/talking-markets-podcast/pandemic-reshaping-real-estateThe COVID-19 pandemic has impacted real estate in many ways, but the question for investors in the space is whether the changes it has instigated will be longer-lasting ones.US 2020 Election Investment Pulse: Pandemic Reshaping Real Estatetools-and-resources/investor-education/talking-markets-podcast/pandemic-reshaping-real-estatetools-and-resources/developing-your-practice/talking-markets-podcast/biotech-advances-amid-pandemicOur Head of Equities Stephen Dover joins Franklin Equity Group’s Evan McCulloch and Wendy Lam to get their investment views on recent US election and COVID-19 vaccine news.US 2020 Election Investment Pulse: Biotech Advances Amid Pandemictools-and-resources/investor-education/talking-markets-podcast/biotech-advances-amid-pandemictools-and-resources/developing-your-practice/talking-markets-podcast/neutral-to-positive-for-municipalIn coming years, US Congress and the Biden administration could implement spending programs and tax reforms at the national level. Our experts discuss the potential implications for the municipal bond market, against a backdrop of COVID-19.US 2020 Election Investment Pulse: Neutral to Positive for Municipalstools-and-resources/investor-education/talking-markets-podcast/neutral-to-positive-for-municipaltools-and-resources/developing-your-practice/talking-markets-podcast/resilience-and-vulnerability-in-emerging-marketsHead of Equities Stephen Dover joins our Andrew Ness to discuss how emerging markets are navigating today’s challenges—including the COVID-19 pandemic—and note they are home to some of the most innovative and resilient companies in the world.US 2020 Election Investment Pulse: Resilience and Vulnerability in Emerging Marketstools-and-resources/investor-education/talking-markets-podcast/resilience-and-vulnerability-in-emerging-marketstools-and-resources/developing-your-practice/talking-markets-podcast/why-fixed-income-nowWith yields near zero, many investors may question the value of fixed income within a portfolio. Western Asset’s Head of Product Management, Doug Hulsey, joins our Stephen Dover, to discuss fixed income investing with an active-management lens.US 2020 Election Investment Pulse: Why Fixed Income Nowtools-and-resources/investor-education/talking-markets-podcast/why-fixed-income-nowtools-and-resources/developing-your-practice/talking-markets-podcast/esg-investing-what-to-expect-in-2021-and-beyondJulie Moret, our Global Head of Environmental, Social and Governance (ESG), speaks with AssetTV’s Jenna Dagenhart about the ways the COVID-19 pandemic has affected ESG investing, and what these shifts could mean in 2021 and beyond.ESG Investing: What to Expect in 2021 and Beyondtools-and-resources/investor-education/talking-markets-podcast/esg-investing-what-to-expect-in-2021-and-beyondtools-and-resources/developing-your-practice/talking-markets-podcast/anatomy-of-recession-reasons-recovery-could-accelerateJeff Schulze, Investment Strategist at ClearBridge Investments, a Specialist Investment Manager of Franklin Templeton, discusses why ClearBridge’s exclusive Recession Risk Dashboard is flashing green – a strong signal for growth.Anatomy of Recession: Reasons Recovery Could Acceleratetools-and-resources/investor-education/talking-markets-podcast/anatomy-of-recession-reasons-recovery-could-acceleratetools-and-resources/developing-your-practice/talking-markets-podcast/capturing-income-in-the-current-market-environmentOur Renee Anderson speaks with Ed Perks, Chief Investment Officer with Franklin Templeton Investment Solutions, about the current market conditions and how they could impact multi-asset investment strategies that aim to capture income.Capturing Income in the Current Market Environmenttools-and-resources/investor-education/talking-markets-podcast/capturing-income-in-the-current-market-environmenttools-and-resources/developing-your-practice/talking-markets-podcast/comparing-the-pace-of-recovery-in-us-and-emerging-marketsAlistair MacDonald speaks with our Grant Bowers and Chetan Sehgal about the rate of economic recovery in the US versus emerging market countries and what impact this could have on investment strategies for equities in both areas.Comparing the Pace of Recovery in US and Emerging Marketstools-and-resources/investor-education/talking-markets-podcast/comparing-the-pace-of-recovery-in-us-and-emerging-marketstools-and-resources/developing-your-practice/talking-markets-podcast/putting-inflation-concerns-in-perspectiveOur experts dicsuss some topics investors should be taking into consideration: low rates, high deficits, inflation concerns, rising US Treasury Yields and commodity prices, and the COVID-19 vaccine rollout ramping up globally.Putting Inflation Concerns in Perspectivetools-and-resources/investor-education/talking-markets-podcast/putting-inflation-concerns-in-perspectiveMichael Hasenstab, Chief Investment Officer, Templeton Global Macro speaks with our Katie Klingensmith about why some investment focuses are turning to Asia. 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Fundsinvestments-and-solutions/investment-options/closed-end-funds/index-fpHistoricalHistorical distributions lightbox.Historical Distributionsinvestments-and-solutions/investment-options/closed-end-funds/historical/historical-distributionsHistorical average annual performance lightbox.Historical Performance Average Annualinvestments-and-solutions/investment-options/closed-end-funds/historical/historical-performance-average-annualHistorical cumulative performance lightbox.Historical Performance Cumulativeinvestments-and-solutions/investment-options/closed-end-funds/historical/historical-performance-cummulativeHistorical pricing lightbox.Historical Pricinginvestments-and-solutions/investment-options/closed-end-funds/historical/historical-pricingPricinginvestments-and-solutions/investment-options/closed-end-funds/pricingOverviewinvestments-and-solutions/investment-options/closed-end-funds/overviewPortfolioinvestments-and-solutions/investment-options/closed-end-funds/portfolioPerformanceinvestments-and-solutions/investment-options/closed-end-funds/performanceDistributionsinvestments-and-solutions/investment-options/closed-end-funds/distributions-pricingTax Informationinvestments-and-solutions/investment-options/closed-end-funds/tax-infoDocumentsinvestments-and-solutions/investment-options/closed-end-funds/resourcesinvestments-and-solutions/investment-options/separately-managed-accountsUnderstand the benefits of having a separately managed account and the portfolios we offer.Separately Managed Accountsinvestments-and-solutions/investment-options/separately-managed-accounts-fpWhen clients have specific portfolio requirements that demand investment solutions beyond your practice's standard offering, think ClearBridge Custom Solutions.ClearBridge Custom Solutionsinvestments-and-solutions/investment-options/clearbridge-custom-solutionsTake a closer look at the products in our Collective Investment Trust range.Collective Investment Trusts (CITs)investments-and-solutions/investment-options/collective-investment-trustsSee more information about our institutional fund offerings.Institutional Mutual Funds%23ppssfilter_ZmZfZnVuZFR5cGVQcm9jZXNzZWQudmFsPUluc3RpdHV0aW9uYWw%3D%2Finvestments-and-solutions/investment-options/mutual-funds/indexView more information on the performance of our Variable Insurance Products.Variable Insurance Productsinvestments-and-solutions/investment-options/vip/indexOverviewinvestments-and-solutions/investment-options/vip/overviewenabled-loggedinPortfolioinvestments-and-solutions/investment-options/vip/portfolioenabled-loggedinPerformanceinvestments-and-solutions/investment-options/vip/performanceenabled-loggedinDocumentsinvestments-and-solutions/investment-options/vip/resourcesenabled-loggedinenabledinvestments-and-solutions/investment-options/529-college-saving-plansStudy up on our 529 portfolios for tax-advantaged education savings.529 Portfoliosinvestments-and-solutions/investment-options/529-college-saving-plans-fpLearn more about Franklin Templeton's model portfolios and whether they're right for you and your clients.Model Portfoliosinvestments-and-solutions/investment-options/model-portfoliosLearn more about Franklin Templeton's model portfolios and whether they're right for you and your clients.Model Portfolios newinvestments-and-solutions/investment-options/model-portfolios-oldModel Portfolios RA - Deleteinvestments-and-solutions/investment-options/model-portfolios-raFranklin Templeton and Legacy Legg Mason Productsinvestments-and-solutions/investment-options/productsYour clients have diverse concerns, expectations and goals. Use these materials to tackle a wide range of investment strategies and conversations.Solutionsinvestments-and-solutions/solutions/indexFor many advisors, DC plans are a key part of their practices. Explore our resources to help you start or augment your DC business.Defined Contribution (401k)investments-and-solutions/solutions/defined-contribution/indexInsightsinvestments-and-solutions/solutions/defined-contribution/insightsRetirement Tierinvestments-and-solutions/solutions/defined-contribution/retirement-tierLifeSmart: A Smarter Glide Pathinvestments-and-solutions/solutions/defined-contribution/lifesmart-tdfDefined Contribution Solutionsinvestments-and-solutions/solutions/defined-contribution/custom-solutionsCompare retirement plan options for small businesses and non-profits.Other Business Retirement Plansinvestments-and-solutions/solutions/small-business-retirement/indexContribution Limitsinvestments-and-solutions/solutions/small-business-retirement/contribution-limitsThis section provides an overview of eContributions, a convenient web-based payroll contribution system for small business retirement plans.eContributionsinvestments-and-solutions/solutions/small-business-retirement/econtributionsView strategies and tools to help your clients as they plan for retirement.Individual Retirementinvestments-and-solutions/solutions/individual-retirement/indexSocial Security isn't just a government program; it can be an important component of your client's retirement income plan.Re-Think Social Securityinvestments-and-solutions/solutions/individual-retirement/rethink-social-security/indexRe-think Social Security: FAQsinvestments-and-solutions/solutions/individual-retirement/rethink-social-security/faqsRe-think Social Security Infographicinvestments-and-solutions/solutions/individual-retirement/rethink-social-security/infographicRetireMetrics uses measures that can help you evaluate mutual funds that may best support an investment strategy for the income needs phase of your clients' retirement.RetireMetrics&reg;investments-and-solutions/solutions/individual-retirement/retiremetricsinvestments-and-solutions/solutions/individual-retirement/retirement-research/indexinvestments-and-solutions/solutions/individual-retirement/retirement-research/This annual survey explores people's retirement expectations and behaviors, as well as the impact of working with an advisor in preparing for What's Next.Retirement Researchcampaigns/rise-2020Help families minimize student debt for kids and grandchildren by planning for future education costs.Education Savingsinvestments-and-solutions/solutions/education-savings/indexExplore 529 resources and reasons why advisors, like you, use Franklin Templeton 529 College Savings Plan.529 Portfoliosinvestments-and-solutions/solutions/education-savings/529-college-savings-plansUnderstanding Financial Aid Webinarinvestments-and-solutions/solutions/education-savings/understanding-financial-aid-webinarenabled-loggedinThe fun and interactive way friends and family can make contributions toward a 529 college savings plan.Spryng by Franklin Templetoninvestments-and-solutions/solutions/education-savings/529-gifting/index529 Gifting FAQsinvestments-and-solutions/solutions/education-savings/529-gifting/faqsGift Announcementsinvestments-and-solutions/solutions/education-savings/529-gifting/gift-announcementsGet the latest pricing and performance on all the 529 portfolio options.529 Prices and Performanceinvestments-and-solutions/investment-options/529-college-saving-plansExplore age-based risk tracks, objective-based and individual portfolio options available in plan.529 Portfolio Optionsinvestments-and-solutions/solutions/education-savings/529-portfolio-options529 Savings Plans: 2018 Tax Reform FAQsinvestments-and-solutions/solutions/education-savings/529-saving-plans-faqs529 Gift Contributionsforms-literature/download/529-FGIFT529 Gifting FAQsinvestments-and-solutions/solutions/education-savings/529-gifting-faq529 Social Media Libraryinvestments-and-solutions/solutions/education-savings/529-social-media-libraryenabledThree Things You Need to Know about 529sinvestments-and-solutions/solutions/education-savings/three-things-about-529sEducation Savings FAQsinvestments-and-solutions/solutions/education-savings/faqsUGMA/UTMA Accountsinvestments-and-solutions/solutions/education-savings/ugma-utma-accountsCoverdell Education Savingsinvestments-and-solutions/solutions/education-savings/coverdell-education-savings529 Withdrawal Processinvestments-and-solutions/solutions/education-savings/529-withdrawalCollege Savings Projectorhttps://sites.savingforcollege.com/franklin-templeton/public/college-savings-projector/College Funding Calculatorhttps://sites.savingforcollege.com/franklin-templeton/public/college-funding-calculator/529 Program and Portfolioinvestments-and-solutions/solutions/education-savings/529-program-and-portfolioenabled529 Supportinvestments-and-solutions/solutions/education-savings/529-supportenabled529 Tools and Resourcesinvestments-and-solutions/solutions/education-savings/529-tools-and-resourcesenabledenabledWorkplace 529 Programinvestments-and-solutions/solutions/education-savings/workplace-529-programenabledMake an impact to your favorite charities, build a family legacy of giving and get a tax deduction.Charitable Givinginvestments-and-solutions/solutions/charitable-giving/indexOur hypothetical investor stories can help your clients see themselves in the investment experience. What will their journey look like?Investor Storiesinvestments-and-solutions/solutions/charitable-giving/investor-stories/indexThis annual survey explores people's retirement expectations and behaviors, as well as the impact of working with an advisor in preparing for What's Next.Retirement Researchinvestments-and-solutions/solutions/individual-retirement/retirement-research/indexPortfolio Servicesinvestments-and-solutions/portfolio-services/indexGet to know our Portfolio Construction Services.Portfolio Construction Servicesinvestments-and-solutions/portfolio-services/portfolio-construction-servicesGet in touch with us for a full review of your investment line-up.Portfolio Matrix Reviewinvestments-and-solutions/portfolio-services/portfolio-matrix-reviewTest your model portfolios and receive potential recommendations.Portfolio Consultinginvestments-and-solutions/portfolio-services/portfolio-consultingGive your model portfolios a health check.Portfolio Analysisinvestments-and-solutions/portfolio-services/portfolio-analysisFind more information on our funds, including ratings, commentary and detailed portfolio holdings.Investment Resourcesinvestments-and-solutions/investment-resources/indexAccess historical monthly and quarterly fund commentary here (login required).Fund Commentaryinvestments-and-solutions/investment-resources/fund-commentaryenabledA fund commentary detail view (quarterly)Fund Commentary Quarterlyinvestments-and-solutions/investment-resources/fund-commentary-quarterlyenabled-loggedinAccess detailed portfolio holdings reports for each Franklin Templeton mutual fund.Detailed Portfolio Holdingsinvestments-and-solutions/investment-resources/detailed-portfolio-holdingsA detailed view of the current sales charges and breakpoints on all of Franklin Templeton's fund share classes.Sales Charges & Breakpointsinvestments-and-solutions/investment-resources/sales-charges-breakpointsFind paid, pending and estimated capital gains distribution information for the past two years.Capital Gains Distributioninvestments-and-solutions/investment-resources/capital-gains-distributionsView a weekly recap of market activity.What Happened Last Weekinvestments-and-solutions/investment-resources/what-happened-last-weekInterval Fundsinvestments-and-solutions/investment-options/interval-fundsInsightsinsights/indexCommentaryinsights/ftthinks/commentaryFranklin Templeton investment specialists explore the implications of what might happen if we face certain shocks to macroeconomic factors, including shocks to global growth, inflation, regulation, and interest rates.Shocks to Macroeconomic Factorsinsights/shocks-to-macroeconomic-factorsTools & ResourcesToolstools-and-resources/tools/indexUse this tool to create hypothetical investment portfolios, compare portfolios or compare investments using Franklin Templeton funds and other funds.Hypotheticalstools-and-resources/tools/hypotheticalsCompare Franklin Templeton funds by asset class, performance record and more.Fund Comparisontools-and-resources/tools/fund-comparisonCreate claiming strategies to help your clients maximize their Social Security benefits.Social Security Optimizertools-and-resources/tools/social-security-optimizerUse these interactive tools to help clients plan for retirement, college and other financial goals.Investment Calculators and Toolstools-and-resources/tools/investment-calculatorsRoth IRA Conversion Plannertools-and-resources/tools/investment-calculators/roth-ira-conversion-plannerTaxable-Equivalent Yield Calculatortools-and-resources/tools/investment-calculators/taxable-equivalent-yield-calculatorLinkedIn Guidelinestools-and-resources/tools/linked-in-guidelinesCustomizable Hypotheticalstools-and-resources/tools/customizable-hypotheticalsFocusing on Fundamentals During Market Volatilityhttps://www.franklintempleton.com/content-common/market-commentary/en_US/IBS_YECOM_1218.pdfHelp walk your clients through challenging market conditions with these resources.Volatility Resources for Your Clientstools-and-resources/tools/volatility-resources-for-your-clientsClearBridge Investments, a specialist investment manager, of Franklin Templeton designed the Anatomy of a Recession (AOR) program to deliver thoughtful perspective on the state of the US economy, with concise, practical views updated every month.Anatomy of a Recession (AOR)campaigns/us-economy-anatomy-of-a-recessionView items that have ordered or downloaded in our Forms & Literature section.Literaturetools-and-resources/literature/indexView and download our fund fact sheets.Fund Fact Sheetstools-and-resources/literature/browse/type/fund-fact-sheetsView and download our product profiles.Product Profilestools-and-resources/literature/browse/type/product-profilesProspectusestools-and-resources/literature/browse/type/fund-prospectusesView details on orders that you've had mailed out to your own address or other addresses.Order Historytools-and-resources/literature/order-historyView and download our summary prospectuses.Summary Prospectusestools-and-resources/literature/browse/type/summary-prospectusesOrder Lit Merchandisingtools-and-resources/literature/infoHistorytools-and-resources/literature/historySearchtools-and-resources/literature/searchOrder Viewtools-and-resources/literature/order-viewOrder Lit Merchandising Pagetools-and-resources/literature/infoYour Carttools-and-resources/literature/cartMailing order mailing addresstools-and-resources/literature/checkout-addressMailing order confirmationtools-and-resources/literature/checkout-confirmMailing order confirm detailstools-and-resources/literature/checkout-reviewRestricted Literaturetools-and-resources/literature/restricted-literatureDeveloping Your Practicetools-and-resources/developing-your-practice/indexUse these client-use presentations and supporting materials to share timely investment topics with clients.Seminarstools-and-resources/developing-your-practice/seminarsNational Webcaststools-and-resources/developing-your-practice/national-webcastsHelp clients through challenging market conditions with these resources.Market Volatility Resourcestools-and-resources/developing-your-practice/market-volatility-resources/indextools-and-resources/developing-your-practice/ft-academyView training resources for professional development and investment concepts.Franklin Templeton Academytools-and-resources/developing-your-practice/ft-academy/indexenabled-loggedinReview tools and resources to grow your defined contribution plan business.Defined Contributiontools-and-resources/developing-your-practice/defined-contributionHelp clients prepare for retirement by developing an income plan.Income for What's Next Strategy&reg;tools-and-resources/developing-your-practice/income-for-whats-next/indexSee research on succession planning for RIAs.Succession Planningtools-and-resources/developing-your-practice/succession-planningStay up to date on developments in legislation surrounding retirement and financial services.Legislative and Regulatory Cornertools-and-resources/developing-your-practice/legislative-and-regulatory-cornerTools and resources for Registered Investment Advisors.RIA Resourcestools-and-resources/developing-your-practice/ria-resourcesIs your model portfolio due for a checkup? By using multiple risk lenses, our specialized team can conduct a deep analysis of your model portfolios including scenario-based stress tests.Portfolio Consulting Servicesinvestments-and-solutions/portfolio-services/portfolio-consultingWhether you are planning to buy or sell an RIA firm, there are important factors to consider before putting a plan into motion. Franklin Templeton partnered with <em>Institutional Investor</em> to conduct a research study to explore RIAs’ succession planning practices and concerns. This white paper and on-demand webinar take a closer look at what RIAs are doing to prepare and offers expert insights on valuation, deal-breakers, and more.Succession Planning: What RIAs Need To Knowtools-and-resources/developing-your-practice/succession-planningInsights from our CIOs, including our latest investment outlooks and market commentary.Insightsinsights/indexDo you have clients that are nearing retirement and looking to maximize income? Use this tool to help estimate benefits and create a strategy.Social Security Optimizertools-and-resources/tools/social-security-optimizerView our complete lineup including mutual funds, ETFs, closed-end funds, SMAs, CITs, institutional funds, variable insurance products, 529 college savings plans, and model portfolios.Productsinvestments-and-solutions/investment-options/indexBuilding on the 70 year legacy of Franklin Income Fund, the Franklin Templeton Multi-Asset Solutions team translates investor goals into portfolios.Model Portfolios For a Range Of Outcomesinvestments-and-solutions/investment-options/model-portfoliosAccess to resources developed to help you in your client conversations when volatility is a concern.Market Volatility Resourcestools-and-resources/developing-your-practice/market-volatility-resources/indextools-and-resources/developing-your-practice/ft-academyFranklin Templeton Academytools-and-resources/developing-your-practice/ft-academy/indexCFA Investment Foundations: Alternative Investmentstools-and-resources/developing-your-practice/ft-academy/cfa-investment-foundations-alternative-investmentsBeyond Bond Basicstools-and-resources/developing-your-practice/ft-academy/beyond-bond-basicsCFA Investment Foundations: Investment Managementtools-and-resources/developing-your-practice/ft-academy/cfa-investment-foundations-investment-managementCFA Investment Foundations: Macroeconomicstools-and-resources/developing-your-practice/ft-academy/cfa-investment-foundations-macroeconomicsCFA Investment Foundations: Quantitative Conceptstools-and-resources/developing-your-practice/ft-academy/cfa-investment-foundations-quantitative-conceptsIntroduction to Bondstools-and-resources/developing-your-practice/ft-academy/introduction-to-bondsIntroduction to Mutual Fundstools-and-resources/developing-your-practice/ft-academy/introduction-to-mutual-fundsPsychology of Investingtools-and-resources/developing-your-practice/ft-academy/psychology-of-investingResponsible Investingtools-and-resources/developing-your-practice/ft-academy/esg-essentialsSocial Savvy Advisortools-and-resources/developing-your-practice/ft-academy/social-savvy-advisorStrategies for Generating Incometools-and-resources/developing-your-practice/ft-academy/strategies-for-generating-incomeUnderstanding Hedge Strategiestools-and-resources/developing-your-practice/ft-academy/understanding-hedge-strategiesWhat to do in a Rising Rate Environmenttools-and-resources/developing-your-practice/ft-academy/what-to-do-in-a-rising-rate-environmentsConvertible Securities: Keeping Options Opentools-and-resources/developing-your-practice/ft-academy/convertible-securities-overview-usManaging Investment Company Risktools-and-resources/developing-your-practice/ft-academy/managing-investment-co-risk-overview-ustools-and-resources/developing-your-practice/gallup-studyLearn more about the FT-Gallup Economics of Recovery StudyFT-Gallup Economics of Recovery Studytools-and-resources/investor-education/gallup-studyA library of resources for HNW clients and financial professionals.HNW Estate Planning Insightstools-and-resources/developing-your-practice/hnw-estate-planning-insights2020 Volatility Centertools-and-resources/developing-your-practice/2020-volatility-centerRetirement Income IQ testtools-and-resources/developing-your-practice/retirement-income-testtools-and-resources/developing-your-practice/talking-markets-podcastTalking Markets Podcasttools-and-resources/investor-education/talking-markets-podcasttools-and-resources/developing-your-practice/talking-markets-podcast/expect-significant-changes-following-the-coronavirus-crisisA Different World: Expect Significant Changes Following The Coronavirus Crisistools-and-resources/investor-education/talking-markets-podcast/expect-significant-changes-following-the-coronavirus-crisistools-and-resources/developing-your-practice/talking-markets-podcast/gauging-the-fallout-and-reasons-for-optimismGauging the Fallout and Reasons for Optimismtools-and-resources/investor-education/talking-markets-podcast/gauging-the-fallout-and-reasons-for-optimismtools-and-resources/developing-your-practice/talking-markets-podcast/perspective-on-china-and-emerging-markets-recovery-beginsPerspective on China and Emerging Markets: Recovery Beginstools-and-resources/investor-education/talking-markets-podcast/perspective-on-china-and-emerging-markets-recovery-beginstools-and-resources/developing-your-practice/talking-markets-podcast/preparing-for-a-recession-whats-different-from-the-global-financial-crisisPreparing for a Recession: What's Different from the Global Financial Crisistools-and-resources/investor-education/talking-markets-podcast/preparing-for-a-recession-whats-different-from-the-global-financial-crisistools-and-resources/developing-your-practice/talking-markets-podcast/navigating-uncharted-territory-and-market-volatilityNavigating Uncharted Territory and Market Volatilitytools-and-resources/investor-education/talking-markets-podcast/navigating-uncharted-territory-and-market-volatilitytools-and-resources/developing-your-practice/talking-markets-podcast/looking-ahead-market-volatility-and-preparing-for-possible-outcomesLooking Ahead: Market Volatility and Preparing for Possible Outcomestools-and-resources/investor-education/talking-markets-podcast/looking-ahead-market-volatility-and-preparing-for-possible-outcomestools-and-resources/developing-your-practice/talking-markets-podcast/coping-with-coronavirus-induced-market-volatilityCoping with Coronavirus-Induced Market Volatilitytools-and-resources/investor-education/talking-markets-podcast/coping-with-coronavirus-induced-market-volatilitytools-and-resources/developing-your-practice/talking-markets-podcast/experiences-expectations-and-efficiencyExperiences, Expectations and Efficiency: Helping Financial Advisors in the 2020stools-and-resources/investor-education/talking-markets-podcast/experiences-expectations-and-efficiencytools-and-resources/developing-your-practice/talking-markets-podcast/multi-asset-implications-of-the-coronavirus-outbreakMulti-Asset Implications of the Coronavirus Outbreaktools-and-resources/investor-education/talking-markets-podcast/multi-asset-implications-of-the-coronavirus-outbreaktools-and-resources/developing-your-practice/talking-markets-podcast/will-the-us-economy-survive-the-politics-in-2020Will the US Economy Survive the Politics in 2020?tools-and-resources/investor-education/talking-markets-podcast/will-the-us-economy-survive-the-politics-in-2020tools-and-resources/developing-your-practice/talking-markets-podcast/secure-act-signed-into-law-sweeping-changesSECURE Act Signed into Law: Sweeping Changes for the US Retirement Systemtools-and-resources/investor-education/talking-markets-podcast/secure-act-signed-into-law-sweeping-changestools-and-resources/developing-your-practice/talking-markets-podcast/gio-coping-with-a-changing-marketGlobal Investment Outlook: Coping with a Changing Market Landscape in 2020tools-and-resources/investor-education/talking-markets-podcast/gio-coping-with-a-changing-markettools-and-resources/developing-your-practice/talking-markets-podcast/sustainable-investing-for-today-and-tomorrowSustainable Investing for Today & Tomorrowtools-and-resources/investor-education/talking-markets-podcast/sustainable-investing-for-today-and-tomorrowtools-and-resources/developing-your-practice/talking-markets-podcast/us-and-european-equity-outlookUS & European Equity Outlook: Growth and Opportunitiestools-and-resources/investor-education/talking-markets-podcast/us-and-european-equity-outlooktools-and-resources/developing-your-practice/talking-markets-podcast/health-savings-accounts-how-they-workHealth Savings Accounts: How They Work and Are They Right for You?tools-and-resources/investor-education/talking-markets-podcast/health-savings-accounts-how-they-worktools-and-resources/developing-your-practice/talking-markets-podcast/staying-nimble-amid-an-uncertain-outlookStaying Nimble Amid an Uncertain Outlooktools-and-resources/investor-education/talking-markets-podcast/staying-nimble-amid-an-uncertain-outlooktools-and-resources/developing-your-practice/talking-markets-podcast/health-care-sector-innovation-and-insightHealth Care Sector Innovation and Insighttools-and-resources/investor-education/talking-markets-podcast/health-care-sector-innovation-and-insighttools-and-resources/developing-your-practice/talking-markets-podcast/engaging-a-new-generation-of-investorsEngaging a New Generation of Investorstools-and-resources/investor-education/talking-markets-podcast/engaging-a-new-generation-of-investorstools-and-resources/developing-your-practice/talking-markets-podcast/midyear-outlook-reining-in-riskMidyear Outlook: Reining in Risktools-and-resources/investor-education/talking-markets-podcast/midyear-outlook-reining-in-risktools-and-resources/developing-your-practice/talking-markets-podcast/moving-ahead-an-update-on-us-retirement-legislationAn Update on US Retirement Legislationtools-and-resources/investor-education/talking-markets-podcast/moving-ahead-an-update-on-us-retirement-legislationtools-and-resources/developing-your-practice/talking-markets-podcast/unlocking-innovation-strategies-from-silicon-valley-ceosUnlocking Innovation: Strategies from Silicon Valley CEOstools-and-resources/investor-education/talking-markets-podcast/unlocking-innovation-strategies-from-silicon-valley-ceostools-and-resources/developing-your-practice/talking-markets-podcast/market-movements-outlook-and-valuations-for-us-equitiesMarket Movements: Outlook and Valuations for US Equitiestools-and-resources/investor-education/talking-markets-podcast/market-movements-outlook-and-valuations-for-us-equitiestools-and-resources/developing-your-practice/talking-markets-podcast/impact-of-cares-act-on-the-us-retirement-systemImpact of CARES Act on the US Retirement Systemtools-and-resources/investor-education/talking-markets-podcast/impact-of-cares-act-on-the-us-retirement-systemtools-and-resources/developing-your-practice/talking-markets-podcast/rescuing-markets-and-the-economyRescuing Markets and the Economy: Impacts of Massive Monetary and Fiscal Stimulustools-and-resources/investor-education/talking-markets-podcast/rescuing-markets-and-the-economytools-and-resources/developing-your-practice/talking-markets-podcast/how-covid-19-is-testing-the-resiliency-of-emerging-marketsHow COVID-19 is Testing the Resiliency of Emerging Marketstools-and-resources/investor-education/talking-markets-podcast/how-covid-19-is-testing-the-resiliency-of-emerging-marketstools-and-resources/developing-your-practice/talking-markets-podcast/equity-markets-vs-main-streetEquity Markets vs. Main Street: Views on the Divergence and Considerations for Different Sectorstools-and-resources/investor-education/talking-markets-podcast/equity-markets-vs-main-streettools-and-resources/developing-your-practice/talking-markets-podcast/a-multi-asset-viewEd Perks, CIO, Franklin Templeton Multi-Asset Solutions, looks ahead at what to expect for the second half of the year—implications of the US economy opening, the impact of monetary and fiscal response, and the risk for a wave of downgrades and defaults.What’s Next for Markets as Lockdowns Lift: A Multi-Asset Viewtools-and-resources/investor-education/talking-markets-podcast/a-multi-asset-viewtools-and-resources/developing-your-practice/talking-markets-podcast/the-impact-of-the-coronavirus-crisisFranklin Equity Group’s Matt Moberg explores equity investing in the wake of the coronavirus—with an eye on innovation. He shares his outlook for the tech and biotech sectors in light of recent market uncertainty.Investing in Innovation: The Impact of the Coronavirus Crisistools-and-resources/investor-education/talking-markets-podcast/the-impact-of-the-coronavirus-crisistools-and-resources/developing-your-practice/talking-markets-podcast/risk-assets-and-reshaping-of-the-economyFranklin Templeton Multi-Asset Solutions' Gene Podkaminer and Wylie Tollette put market activity in perspective amidst a pandemic and social unrest. They also detail why they believe risk assets are most favorable near-term.Risk Assets and Reshaping of the Economytools-and-resources/investor-education/talking-markets-podcast/risk-assets-and-reshaping-of-the-economytools-and-resources/developing-your-practice/talking-markets-podcast/considering-mortgage-backed-securitiesConsidering Mortgage-Backed Securities for Stability in a Fixed Income Portfoliotools-and-resources/investor-education/talking-markets-podcast/considering-mortgage-backed-securitiestools-and-resources/developing-your-practice/talking-markets-podcast/emerging-divergences-in-economies-and-financial-marketsEd Perks, Chief Investment Officer, Franklin Templeton Multi-Asset Solutions, looks at concerning factors in the US, reasons for optimism in Europe, and early success in Asia.Emerging Divergences in Economies & Financial Marketstools-and-resources/investor-education/talking-markets-podcast/emerging-divergences-in-economies-and-financial-marketsInvestment Opportunities Resulting from Accelerated Disruption and Innovationtools-and-resources/investor-education/talking-markets-podcast/investment-opportunities-from-accelerated-disruption-and-innovationtools-and-resources/developing-your-practice/talking-markets-podcast/us-election-heightens-pandemic-uncertaintyUS Election Heightens Pandemic Uncertaintytools-and-resources/investor-education/talking-markets-podcast/us-election-heightens-pandemic-uncertaintytools-and-resources/developing-your-practice/talking-markets-podcast/work-life-and-investingWork, Life and Investing: How the Pandemic is Shaping the Futuretools-and-resources/investor-education/talking-markets-podcast/work-life-and-investingtools-and-resources/developing-your-practice/talking-markets-podcast/possible-US-election-impacts-on-the-technology-and-healthcare-sectorsHead of Equities Stephen Dover speaks with Grant Bowers, Portfolio Manager, Franklin Equity Group, about how the upcoming US elections could affect the technology and healthcare sectors.Possible US Election Impacts on the Technology and Healthcare Sectorstools-and-resources/investor-education/talking-markets-podcast/possible-US-election-impacts-on-the-technology-and-healthcare-sectorstools-and-resources/developing-your-practice/talking-markets-podcast/tax-implications-of-US-election-resultsStephen Dover, Head of Equities, Franklin Templeton speaks with Fiduciary Trust's Craig Richards about the potential tax implications of US election results and how various outcomes could impact income, investments and retirement plans.Tax Implications of US Election Resultstools-and-resources/investor-education/talking-markets-podcast/tax-implications-of-US-election-resultstools-and-resources/developing-your-practice/talking-markets-podcast/the-possibility-for-more-us-stimulus-and-sectors-that-could-benefitWith the US election a few days away, our Head of Equities, Stephen Dover, speaks with Ken Leech, CIO from Western Asset Management Company—a specialist investment manager of Franklin Templeton all about it.US Election Preview: The Possibility for More US Stimulus and Sectors That Could Benefittools-and-resources/investor-education/talking-markets-podcast/the-possibility-for-more-us-stimulus-and-sectors-that-could-benefittools-and-resources/developing-your-practice/talking-markets-podcast/how-shifting-attitudes-impact-recoveryIn our latest Election Pulse, Franklin Templeton Fixed Income CIO Sonal Desai is joined by Gallup’s Jonathan Rothwell to discuss survey findings on COVID-19 and its impact on the consumer.US 2020 Election Investment Pulse: How Shifting Attitudes Impact Recoverytools-and-resources/investor-education/talking-markets-podcast/how-shifting-attitudes-impact-recoverytools-and-resources/developing-your-practice/talking-markets-podcast/the-only-certainty-is-uncertaintyWe’re looking at how current uncertainty surrounding the US election and other factors is affecting equity markets. Our Head of Equities Stephen Dover and Gene Todd of Fiduciary Trust Company International join Katie Klingensmith for this conservation.US 2020 Election Investment Pulse: The Only Certainty is Uncertaintytools-and-resources/investor-education/talking-markets-podcast/the-only-certainty-is-uncertaintytools-and-resources/developing-your-practice/talking-markets-podcast/no-blue-wave-lessens-policy-uncertaintyWhile many US election results are still up in the air, including the presidential race, there’s actually some clarity positively impacting equity markets. Our experts discuss this and more in our latest Election Pulse.US 2020 Election Investment Pulse: No Blue Wave Lessens Policy Uncertaintytools-and-resources/investor-education/talking-markets-podcast/no-blue-wave-lessens-policy-uncertaintytools-and-resources/developing-your-practice/talking-markets-podcast/opportunities-in-equity-sectorsOur experts discuss what the latest US election results likely mean for the technology and health care sectors. They also share their thoughts on potential investment opportunities in other sectors in a global landscape defined by COVID-19.US 2020 Election Investment Pulse: Opportunities in Equity Sectorstools-and-resources/investor-education/talking-markets-podcast/opportunities-in-equity-sectorstools-and-resources/developing-your-practice/talking-markets-podcast/stimulus-and-thinking-differently-about-riskAs investors await the US presidential election’s final outcome, our Stephen Dover and Gene Podkaminer discuss why they think it is increasingly vital for a divided US Congress to provide additional fiscal stimulus to get the US economy back on track.US 2020 Election Investment Pulse: Stimulus and Thinking Differently about Risktools-and-resources/investor-education/talking-markets-podcast/stimulus-and-thinking-differently-about-risktools-and-resources/developing-your-practice/talking-markets-podcast/time-for-strategy-rotationGlobal equity markets rallied on Monday after major networks declared Joe Biden the winner of the US presidential election, and early analysis of a COVID-19 vaccine from a large US drugmaker showed promising results.US 2020 Election Investment Pulse: Time for Strategy Rotationtools-and-resources/investor-education/talking-markets-podcast/time-for-strategy-rotationtools-and-resources/developing-your-practice/talking-markets-podcast/positive-for-europeOur Katrina Dudley and David Zahn discuss the implications for European equities and fixed income of a new US administration, including the “green” agenda Europe has prioritized.US 2020 Election Investment Pulse: Positive for Europetools-and-resources/investor-education/talking-markets-podcast/positive-for-europetools-and-resources/developing-your-practice/talking-markets-podcast/policy-and-pandemic-guide-macro-viewWill the global economy right itself in 2021? Templeton Global Macro CIO Michael Hasenstab and Francis Scotland, Director of Global Macro Research at Brandywine Global, share their macro outlook for the year ahead.US 2020 Election Investment Pulse: Policy and Pandemic Guide Macro Viewtools-and-resources/investor-education/talking-markets-podcast/policy-and-pandemic-guide-macro-viewtools-and-resources/developing-your-practice/talking-markets-podcast/pandemic-reshaping-real-estateThe COVID-19 pandemic has impacted real estate in many ways, but the question for investors in the space is whether the changes it has instigated will be longer-lasting ones.US 2020 Election Investment Pulse: Pandemic Reshaping Real Estatetools-and-resources/investor-education/talking-markets-podcast/pandemic-reshaping-real-estatetools-and-resources/developing-your-practice/talking-markets-podcast/biotech-advances-amid-pandemicOur Head of Equities Stephen Dover joins Franklin Equity Group’s Evan McCulloch and Wendy Lam to get their investment views on recent US election and COVID-19 vaccine news.US 2020 Election Investment Pulse: Biotech Advances Amid Pandemictools-and-resources/investor-education/talking-markets-podcast/biotech-advances-amid-pandemictools-and-resources/developing-your-practice/talking-markets-podcast/neutral-to-positive-for-municipalIn coming years, US Congress and the Biden administration could implement spending programs and tax reforms at the national level. Our experts discuss the potential implications for the municipal bond market, against a backdrop of COVID-19.US 2020 Election Investment Pulse: Neutral to Positive for Municipalstools-and-resources/investor-education/talking-markets-podcast/neutral-to-positive-for-municipaltools-and-resources/developing-your-practice/talking-markets-podcast/resilience-and-vulnerability-in-emerging-marketsHead of Equities Stephen Dover joins our Andrew Ness to discuss how emerging markets are navigating today’s challenges—including the COVID-19 pandemic—and note they are home to some of the most innovative and resilient companies in the world.US 2020 Election Investment Pulse: Resilience and Vulnerability in Emerging Marketstools-and-resources/investor-education/talking-markets-podcast/resilience-and-vulnerability-in-emerging-marketstools-and-resources/developing-your-practice/talking-markets-podcast/why-fixed-income-nowWith yields near zero, many investors may question the value of fixed income within a portfolio. Western Asset’s Head of Product Management, Doug Hulsey, joins our Stephen Dover, to discuss fixed income investing with an active-management lens.US 2020 Election Investment Pulse: Why Fixed Income Nowtools-and-resources/investor-education/talking-markets-podcast/why-fixed-income-nowtools-and-resources/developing-your-practice/talking-markets-podcast/esg-investing-what-to-expect-in-2021-and-beyondJulie Moret, our Global Head of Environmental, Social and Governance (ESG), speaks with AssetTV’s Jenna Dagenhart about the ways the COVID-19 pandemic has affected ESG investing, and what these shifts could mean in 2021 and beyond.ESG Investing: What to Expect in 2021 and Beyondtools-and-resources/investor-education/talking-markets-podcast/esg-investing-what-to-expect-in-2021-and-beyondtools-and-resources/developing-your-practice/talking-markets-podcast/anatomy-of-recession-reasons-recovery-could-accelerateJeff Schulze, Investment Strategist at ClearBridge Investments, a Specialist Investment Manager of Franklin Templeton, discusses why ClearBridge’s exclusive Recession Risk Dashboard is flashing green – a strong signal for growth.Anatomy of Recession: Reasons Recovery Could Acceleratetools-and-resources/investor-education/talking-markets-podcast/anatomy-of-recession-reasons-recovery-could-acceleratetools-and-resources/developing-your-practice/talking-markets-podcast/capturing-income-in-the-current-market-environmentOur Renee Anderson speaks with Ed Perks, Chief Investment Officer with Franklin Templeton Investment Solutions, about the current market conditions and how they could impact multi-asset investment strategies that aim to capture income.Capturing Income in the Current Market Environmenttools-and-resources/investor-education/talking-markets-podcast/capturing-income-in-the-current-market-environmenttools-and-resources/developing-your-practice/talking-markets-podcast/comparing-the-pace-of-recovery-in-us-and-emerging-marketsAlistair MacDonald speaks with our Grant Bowers and Chetan Sehgal about the rate of economic recovery in the US versus emerging market countries and what impact this could have on investment strategies for equities in both areas.Comparing the Pace of Recovery in US and Emerging Marketstools-and-resources/investor-education/talking-markets-podcast/comparing-the-pace-of-recovery-in-us-and-emerging-marketstools-and-resources/developing-your-practice/talking-markets-podcast/putting-inflation-concerns-in-perspectiveOur experts dicsuss some topics investors should be taking into consideration: low rates, high deficits, inflation concerns, rising US Treasury Yields and commodity prices, and the COVID-19 vaccine rollout ramping up globally.Putting Inflation Concerns in Perspectivetools-and-resources/investor-education/talking-markets-podcast/putting-inflation-concerns-in-perspectiveMichael Hasenstab, Chief Investment Officer, Templeton Global Macro speaks with our Katie Klingensmith about why some investment focuses are turning to Asia. He also addresses the inflation debate from both sides.Aftershocks of a Post-Pandemic World: Global Macro Viewtools-and-resources/investor-education/talking-markets-podcast/aftershocks-of-a-post-pandemic-world-global-macro-viewOur Ben Barber and Jennifer Johnston join Stephen Dover to discuss how the new US stimulus package and potential infrastructure plan could impact the municipal bond space...plus, why an array of tax changes could boost the relative value of munis.Stimulus and Infrastructure: Boon for Muni Bonds?tools-and-resources/investor-education/talking-markets-podcast/stimulus-and-infrastructure-boon-for-muni-bondstools-and-resources/developing-your-practice/talking-markets-podcast/pandemic-lessons-learned-esg-strategies-for-a-sustainable-recoveryExamining shifts in priorities and behaviors for both companies and investors using Environmental, Social, and Corporate Governance strategies as a result of the pandemic.Pandemic Lessons Learned: ESG Strategies for a Sustainable Recoverytools-and-resources/investor-education/talking-markets-podcast/pandemic-lessons-learned-esg-strategies-for-a-sustainable-recoverytools-and-resources/developing-your-practice/talking-markets-podcast/expecting-an-economic-boomJeff Schulze, of ClearBridge Investments, a specialist investment manager of Franklin Templeton, discusses why expectations for GDP growth in the US are soaring, how high the 10-year Treasury could rise, and why not to fear inflation long-term.Anatomy of a Recession: Expecting an Economic Boomtools-and-resources/investor-education/talking-markets-podcast/expecting-an-economic-boomtools-and-resources/developing-your-practice/talking-markets-podcast/expectations-for-economic-growth-rates-and-inflationFranklin Templeton's Sonal Desai, Francis Scotland of Brandywine Global, and John Bellows of Western Asset join our Stephen Dover to break down economic growth expectations in different parts of the world and provide their views on inflation.Expectations for Economic Growth, Rates and Inflationtools-and-resources/investor-education/talking-markets-podcast/expectations-for-economic-growth-rates-and-inflationSee how instinctive behaviors may impact investment decisions.Investor Behaviortools-and-resources/developing-your-practice/investor-behaviorLearn about mailing dates for tax forms, access fund-specific tax information and get answers to frequently asked questions.Tax Centertools-and-resources/tax-center/index<ul> <li>Find out when this year&rsquo;s tax forms and statements will be available</li> <li>Learn more about tax forms and statements</li> <li>Sign in to access your tax forms and statements</li> </ul>Tax Forms & Statementstools-and-resources/tax-center/tax-forms-and-statements<ul><li>US government interest income at least 1%</li><li>Tax-exempt income by jurisdiction</li><li>State tax information</li><li>Search by fund for foreign tax credit, distributions and other figures</li></ul>Fund Specific Informationtools-and-resources/tax-center/fund-specific-information<ul> <li>See which cost basis methods are available at Franklin Templeton</li> <li>Read about what you can expect at tax time</li> <li>Learn if your account qualifies for cost basis reporting</li> </ul>Cost Basis Informationtools-and-resources/tax-center/cost-basis-information<ul><li>What tax forms might I receive this year?</li><li>Do I need to report tax-exempt interest dividends?</li><li>Will I still receive a tax form if my dividends were less than $10?</li></ul>Tax FAQstools-and-resources/tax-center/tax-faqsRetirement Plan Tax Informationtools-and-resources/tax-center/retirement-plan-tax-informationForms & Applicationstools-and-resources/forms-and-applicationsRegister for Accesshttps://usprofile.ftstg2.corp.frk.com/profile-web/registrationSign Inhttps://profile.franklintempleton.com/profile-web/SSOController?cmd=sso&resume=/idp/iSJuV/resumeSAML20/idp/startSSO.ping&spentity=ft:saml2:spAccountsRegistrationaccounts/registration/indexIf you’re ready to register, complete our quick registration form here.Register Nowhttps://profile.franklintempleton.com/profile-web/registrationaccounts/registration/why-registerRegister for our website to access resources and tools to help you better serve your clients. 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With this commitment, we have a team of seasoned professionals and resources dedicated to providing exceptional service to independent investment advisers.Private Wealth Divisionour-firm/our-teams/private-wealth-division/indexJonathan Burleyour-firm/our-teams/private-wealth-division/jonathan-burleyJennifer Alberdingour-firm/our-teams/private-wealth-division/jennifer-alberdingBrian Mackinour-firm/our-teams/private-wealth-division/brian-mackinTom Johnsonour-firm/our-teams/private-wealth-division/tom-johnsonMichael Cochraneour-firm/our-teams/private-wealth-division/michael-cochraneFor more than 20 years, Franklin Templeton has been committed to serving the DC market. 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Choose by location.Choose Your Locationsitescrawlable Inssightscrawlable-inssightsProfile Detailsprofile-detailscommentary-detailscommentary-detailsModel Portfolios copyinvestments-and-solutions/investment-options/model-portfolios-copyManage Email Preferencesmanage-email-preferencesMunicipal Bondcampaigns/municipal-bondMuni Green Bondour-approach/investment-expertise/muni-green-bondAcceptCancelPlease read and scroll to the bottom to accept the following agreement<div class="modal fade in" id="terms-and-conditions" role="dialog" aria-labelledby="terms-and-conditions" aria-hidden="true" style="display: block;" tabindex="-1"> <div class="modal-dialog modal-bypass" role="document"> <div class="modal-content"> <div class="modal-header"><h2--header-large>TERMS OF USE </h2--header-large></div> <div class="modal-body"> <div class="row" data-fti-component="rich-text" data-fti-module="rich_text"> <div class="col-sm-12"> <div class="panel-group accordion"> <div class="panel panel-default"> <div class="panel-body control-accordion"> <p>This Terms of Use Agreement is a binding contract between you and Franklin Templeton Investments. It governs your use of this website and all products, services, content, tools and information available through the website. By using or accessing this website, you accept and agree to be bound by these Terms of Use. If you do not agree with the terms and conditions of the Terms of Use Agreement, you are not granted permission to access or otherwise use this website.</p> <p>These Terms were last amended as of: July 15, 2019</p> <p class="pull-right"><a class="expandAll" href="#">Expand All</a> | <a class="collapseAll" href="#">Collapse All</a></p> </div> <ul class="list-unstyled" data-fti-module="accordion-history-location"> <li> <div class="panel-heading" id="accordion-content-1id1"><a aria-expanded="true" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-1" aria-controls="accordion-content-1"> <span>Acceptance of the Terms of Use and any Amendments</span> </a></div> <div class="panel-collapse collapse in" id="accordion-content-1" aria-labelledby="accordion-content-1id1" aria-expanded="true"> <div class="panel-body"> <p>This Terms of Use Agreement (the "Terms of Use") states the terms and conditions under which you (also referred to as a "Financial Professional") may use either the financial professionals website or the public website located at franklintempleton.com and all products, services (including account access), content, tools, and information available through the websites (referred to collectively as the "Site" or the "Site Content") for commercial use. Please read the Terms of Use carefully. By accessing, browsing and/or using the Site, you acknowledge that you have read, understood and agree to be legally bound by the Terms of Use.</p> <p>These Terms of Use are in addition to any other agreements between you and us, including the Selling or Distribution Agreement, distribution agreement addendum for 529 plan sales or other 529 plan selling agreement (altogether, "Selling or Distribution Agreement") and any other agreements that govern your use of Franklin Templeton's or any third party's (companies not affiliated with us) products, services, content, tools, and information available on the Site.</p> <p>Your use of the Site is governed by the version of the Terms of Use in effect on the date the Site is accessed by you. We reserve the right to change the Site and the Terms of Use at any time, without notice. The date of any amendment will be shown in the Table of Contents. If you use the Site after the amended Terms of Use have been posted, you will be deemed to have agreed to the Terms of Use, as amended.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-2id2"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-2" aria-controls="accordion-content-2"> <span>Site Sponsor</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-2" aria-labelledby="accordion-content-2id2"> <div class="panel-body"> <p>The Site is provided as a service, and for informational purposes only, by Franklin Templeton Distributors, Inc. and/or its affiliates that are the Franklin Templeton Investments corporate group of companies (collectively, "Franklin Templeton" or "Franklin Templeton Investments" or "we" or "us") &mdash; it is not provided by the Franklin Templeton mutual funds or 529 college savings plans distributed by Franklin Templeton ("Fund(s)").</p> <p>Franklin Resources, Inc. [NYSE: BEN] is a global investment organization operating as Franklin Templeton Investments. Through various Franklin Templeton entities, Franklin Templeton Investments provides global and U.S. investment, shareholder and distribution services to the Franklin, Templeton and Mutual Series Funds and institutional accounts, as well as separate account management services.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-3id3"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-3" aria-controls="accordion-content-3"> <span>Information for Non-U.S. Investors</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-3" aria-labelledby="accordion-content-3id3"> <div class="panel-body"> <p>The Site is intended for residents of the United States only. If you or your clients do not reside in the United States, please <a href="http://www.franklinresources.com/">click here for information on our international offices</a>, which can assist you with products and services legally available in your or your clients' place of residence.</p> <p>Nothing on the Site shall be considered a solicitation to buy or an offer to sell, or a recommendation for, a security, or any other product or service, to any person in any jurisdiction where such solicitation, offer, recommendation, purchase or sale would be unlawful under the laws of that jurisdiction.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-4id4"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-4" aria-controls="accordion-content-4"> <span>Authorized Use, Users and Online Account Access</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-4" aria-labelledby="accordion-content-4id4"> <div class="panel-body"> <p><strong>Authorized Users and Your Representations.</strong> By registering with the Site, or otherwise accessing the Site pursuant to any Access Form, or any generic or firm-wide authorization we may grant you from time to time, you represent and agree that: you are an authorized representative of a broker/dealer, bank or other financial services firm that has entered into a valid Selling or Distribution Agreement with Franklin Templeton, or you are an authorized representative of an investment advisory firm registered with the Securities and Exchange Commission (&ldquo;SEC&rdquo;) (in each case, a "Firm"); (ii) the Firm has authorized you to access and use the Site; (iii) you are authorized by the Firm to agree to this Agreement and use the Site with respect to clients or customers of the firm ("Clients") on behalf of the Firm; (iv) the terms and conditions of this Agreement shall apply equally to you and the Firm; and (v) you will not use the Site to view or transact upon account information of a Client or access information about any Client's account unless and until you and such Client have done all things legally necessary to validly authorize you to access and transact upon such information ("Authorized Users," "you" or "Financial Professional" as the context requires).</p> <p>The Site is available only to Authorized Users residing in the United States and solely for the purpose of distributing, including servicing, Franklin Templeton products or services as authorized under such Selling or Distribution Agreement ("Distribution Services "). The Site is not accessible to the public and shall not be distributed to any individual other than an Authorized User. The Site has not been filed with FINRA and generally does not contain the same disclosures required for public or shareholder communications.</p> <p>As a reminder, under the Selling or Distribution Agreement, regardless of the medium used, you are responsible for ensuring that the Distribution Services are conducted in compliance with all applicable securities laws and regulations, including those applicable to the paper or electronic delivery of Fund prospectuses and shareholder reports or Section 529 college savings plan disclosure documents. In addition, pursuant to the Selling or Distribution Agreement, any of your websites or other marketing information that mentions Franklin Templeton or our products or services or Section 529 college savings plans distributed by us must be sent to us for our approval (unless we furnished the material).</p> <p><strong>U.S. resident use only.</strong> The Site is intended for residents of the United States only. If you choose to access the Site from locations outside of the United States, you do so at your own initiative and risk, and are responsible for compliance with all applicable laws.</p> <p><strong>Use of Fund Information.</strong> You are not authorized to give any information or make any representations concerning Franklin Templeton Funds, or shares of any such Funds, except those contained in the Fund's then-current prospectus or legal disclosure document (e.g., for unregistered Funds), or materials issued by us as information supplemental to such prospectus or legal disclosure document. You are also not authorized to give any information or make any representations concerning the Franklin Templeton 529 College Savings Plan, except those contained in the then-current Investor Handbook, or materials issued by us as information supplemental to the Investor Handbook. All Site Content prepared by or on behalf of a Fund, the Franklin Templeton 529 College Savings Plan, that is available on the Site ("Franklin Templeton Electronic Information") is in a form that has been legally approved by Franklin Templeton and where applicable (and so indicated) has been filed with FINRA. Third Party Content available on the Site may not have such approval and may not have been filed with FINRA. You agree that we are not responsible for your compliance with regulatory requirements, including any SEC or FINRA content or filing requirements.</p> <p>You agree to use the Franklin Templeton Electronic Information at your sole risk and responsibility and in accordance with all applicable laws, regulations and rules as well as in accordance with all instructions and directions that accompany it, and the terms and conditions of the Selling or Distribution Agreement. Unless and to the extent required by law or written agreement, we are not responsible for any additional costs or liabilities that you may incur in connection with your election to use the Franklin Templeton Electronic Information or our Site. You agree to use all reasonable security precautions to prevent the Site, including any Franklin Templeton Electronic Information, from being made available to anyone other than Authorized Users.</p> <p><strong>Your online account access.</strong> You must register for general Site access as well as for access to your account (which includes access to your Clients' accounts). You will receive a user identification and password (collectively, the "Access Code") which must be maintained as private and confidential. Each Access Code can only be used by one Authorized User with respect to its activities on behalf of a particular Firm. You are solely responsible for maintaining the confidentiality of your account and Access Code, and for restricting access to your computer. You agree to accept responsibility for all access to the Site and any use, misuse, or communications occurring on the Site through your Access Codes that are due to your conduct, inaction, or negligence.</p> <p>You agree to notify us immediately if you become aware of any disclosure, loss, theft or unauthorized use of your Access Code, and we reserve the right to delete or change one or both of them at any time and for any reason. We shall not be under a duty to inquire into the authority of propriety of any use, instructions or communications ("Instructions") transmitted through the Site using the above security procedures. We shall be entitled to treat as authorized and act upon any such Instructions and shall not be liable for any loss, cost, expense or other liability arising out of any such Instructions.</p> <p><strong>No solicitations.</strong> Nothing on the Site shall be considered a solicitation to buy or an offer to sell, or a recommendation for, a security, or any other product or service, to any person in any jurisdiction, including any state, where such solicitation, offer, recommendation, purchase or sale would be unlawful under the laws of that jurisdiction.</p> <p><strong>No investment recommendations or professional advice; use of tools.</strong> The Site is not intended to provide any tax, legal, insurance or investment advice, and nothing on the Site should be construed as a recommendation, by us or any third party, to acquire or dispose of any investment or security, or to engage in any investment strategy or transaction. While certain tools available on the Site may provide general investment or financial analyses based upon your personalized input, such results are not to be construed as our providing investment recommendations or advice. Unless otherwise specified, you alone are solely responsible for determining whether any investment, security or strategy or any other product or service, is appropriate or suitable for your clients based on their investment objectives and personal and financial situation. You should consult, or advise them to consult, an attorney or tax professional regarding the specific legal or tax situation.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-5id5"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-5" aria-controls="accordion-content-5"> <span>Prohibited Uses and Means of Access</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-5" aria-labelledby="accordion-content-5id5"> <div class="panel-body"> <p><strong>Prohibited Uses.</strong> Because all servers have limited capacity and are used by many people, you may not use the Site in any manner that could damage or overburden any Franklin Templeton server, or any network connected to any Franklin Templeton server. You may not use the Site in any manner that would interfere with any other party's use of the Site.</p> <p><strong>Means of Access.</strong>&nbsp; <span>The Site is generally intended to be viewed by a conventional web browser such as Microsoft Internet Explorer</span>. Although you may use other means to access the Site, be aware that the Site may not appear accurately through other access methods, and you use them only at your own risk. You are responsible for setting the cache settings on your browser to ensure that you are receiving the most recent data. You should not access the Site through devices or services that are designed to provide high-speed, automated, repeated access, unless such devices are approved by us in writing prior to such use.</p> <p><strong>Password protected areas.</strong> Access to and use of password-protected and/or secure areas of the Site are restricted to authorized users only. You may not obtain or attempt to obtain unauthorized access to such parts of our Site, or to any other protected materials or information, through any means not intentionally made available by us for your specific use. Unauthorized individuals attempting to access, or actually accessing, these areas can be subject to criminal and/or civil prosecution.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-6id6"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-6" aria-controls="accordion-content-6"> <span>Fund Prospectus Offer, Performance, and Investment Risks</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-6" aria-labelledby="accordion-content-6id6"> <div class="panel-body"> <p><strong>Prospectus Offer.</strong> For more information on any of our Funds, download a <a title="" href="/financial-professionals/tools-and-resources/literature/browse/type/fund-prospectuses" target="">prospectus</a>, which contains important information about a fund's investment goals, sales charges, expenses and risk considerations. Please read the prospectus carefully before you invest or send money.</p> <p>Franklin Templeton Distributors, Inc. <br />One Franklin Parkway <br />San Mateo, CA 94403-1906</p> <p><strong>Fund Performance.</strong> Investment return and principal value for our Funds will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. <em>Past performance does not guarantee future results.</em> Money market funds seek to maintain a value of $1.00 per share, but there can be no assurance that they will. Mutual funds, annuities and other investment products are not FDIC insured; are not deposits or obligations of, or guaranteed by, any financial institution; and are subject to risks, including possible loss of the principal amount invested.</p> <p><strong>Investment Risks.</strong> All of the funds are subject to certain risks. Generally, investments offering potential for higher returns are accompanied by a higher degree of risk.</p> <p>Stocks and other equities representing an ownership interest in a corporation have historically outperformed other asset classes over the long term but tend to fluctuate more dramatically over the shorter term. Bonds, and other debt obligations, are affected by the creditworthiness of their issuers and changes in interest rates, with prices often declining as interest rates increase. High yield, lower rated ("junk") bonds generally have greater price swings and higher default risks. Foreign investing, especially in developing countries, has additional risks such as currency, market volatility, and political and social instability.</p> <p>These risks, and other risks that particular funds may be subject to, such as specialized industry sectors or use of complex securities, are discussed in each fund's prospectus.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-7id7"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-7" aria-controls="accordion-content-7"> <span>Franklin Templeton 529 College Savings Plan Important Legal Information</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-7" aria-labelledby="accordion-content-7id7"> <div class="panel-body"> <p>Nonqualified withdrawals are subject to a 10% federal tax penalty and ordinary federal income taxes on earnings, as well as state taxes and possible penalties. Performance data shown represents past performance, which does not guarantee future results. A plan portfolio's investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.</p> <p>Investors should carefully consider a portfolio's investment goals, risks, charges and expenses before investing. See the Investor Handbook for more information on Franklin Templeton 529 College Savings Plan, including sales charges, expenses, general risks of the Plan, general investment risks and specific risks of investing in Plan portfolios, which can include risks of convertible securities; country, sector, region or industry focus; credit; derivative securities; foreign securities, including currency exchange rates, political and economic developments, trading practices, availability of information, limited markets and heightened risk in emerging markets; growth or value style investing; income; interest rate; lower-rated and unrated securities; mortgage securities and asset-backed securities; restructuring and distressed companies; securities lending; smaller and midsize companies; credit linked securities, life settlement investments, and stocks. To obtain an Investor Handbook, which contains this and other information, call us at 800/818-4030, or go to the Order Literature section on this website. You should read the Investor Handbook carefully before investing and consider whether your client's, or the beneficiary's home state offers any state tax or other benefits that are available for investments only in its qualified tuition program.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-8id8"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-8" aria-controls="accordion-content-8"> <span>Privacy, Personal Information Transmission, Unsolicited Communications and Usage Monitoring</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-8" aria-labelledby="accordion-content-8id8"> <div class="panel-body"> <p><strong>Privacy policy for Shareholders.</strong> For individual shareholders of our U.S.-based Franklin, Templeton and Mutual Series Funds, please see our Privacy Policy for a summary of the non-public personal information that we may collect and maintain about current or former investors; our policy regarding the use of that information; and the measures we take to safeguard the information. For individual shareholders of Franklin Templeton 529 College Savings Plan, please see the Investor Handbook for the applicable privacy policies.</p> <p><strong>Personal Information Transmission.</strong> Your use of the Site may involve the transmission of information, including personally identifiable data (e.g., transaction history, account balances and holdings), about you or your clients. You consent to the transmission of such information by electronic means through the Internet and represent that you have obtained all necessary authorizations for the transmission of such information to Franklin Templeton via the Site. You further represent that such consent shall be effective each time you use the Site.</p> <p><strong>Unsolicited communications.</strong> We welcome your feedback about the Site and may use it to improve the Site. Should you provide unsolicited ideas, or material of any kind ("Communications") and we use it to develop or market products, services, content, tools or information, you agree that we can do so without compensating you. By providing us with such Communications, you represent to us that you own all rights to it.</p> <p>Technically this means that you hereby grant Franklin Templeton a perpetual, worldwide, royalty-free, irrevocable license to edit, reproduce, disclose, transmit, publish, broadcast, or post your Communications either on the Site or elsewhere with no liability or obligation to you. Franklin Templeton is free to use any ideas, concepts, know-how, or techniques obtained in your unsolicited Communications for any purpose including, but not limited to, developing and marketing products. Unless we state otherwise on the Site or in our Privacy Policy, any Communications that you email or otherwise transmit through the Site can be treated by us as non-confidential and nonproprietary.</p> <p><strong>Usage monitoring.</strong> We reserve the right, but do not have the obligation, to access, archive, or monitor any use of the Site, or your use of the Site and your Communications. By using the Site, you accept our right to access, archive, or monitor usage to ensure service quality, or to evaluate the Site, the security of the Site, compliance with these Terms of Use, or for any other reason. You agree that our monitoring activities will not entitle you to any cause of action or other right with respect to the manner in which we monitor your Site usage and enforce, or fail to enforce, these Terms of Use. You further agree that in no event will Franklin Templeton be liable for any damages incurred by you as a result of our usage monitoring.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-9id9"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-9" aria-controls="accordion-content-9"> <span>Copyright, Trademark and other Intellectual Property Rights</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-9" aria-labelledby="accordion-content-9id9"> <div class="panel-body"> <p>You acknowledge that the Site is protected by applicable copyrights, trademarks, trade secrets, patents, proprietary rights and other intellectual property laws, and that these worldwide rights are valid and protected in all forms, media, and technologies existing now or developed in the future. Accordingly, you may not copy, distribute, modify, post or frame-in the Site, including any text, graphics, video, audio, software code, user interface design or logos, except as explicitly authorized below or by us in writing.</p> <p><strong>Permitted uses.</strong> Franklin Templeton grants you a non-exclusive, personal, non-transferable, non-sublicensable, limited and revocable right to access, use and display the Site on any computers or other electronic display device of which you are a user, for your reasonable and fair business use, as an Authorized User for the purpose of providing Distribution Services (the "Permitted Uses"). You agree to use the Site only for lawful purposes, for the Permitted Uses, and not for the Prohibited Uses. No other use of the Site is authorized, unless you and we have agreed otherwise in writing.</p> <p>You may print copies of the Site, provided that these copies are made only for the Permitted Uses and that you include any notices and any legal information contained in the Site, such as all copyright notices, trademark legends, or other proprietary rights notices as well as all legal caveats furnished in the footnotes or under "Important Legal Information" as shown on the screen or through a link. Limited linking to the Site is permitted if done in full compliance with all applicable laws, these Terms of Use, our Linking Policy and our Logo Use Policy.</p> <p><strong>Prohibited uses.</strong> You are prohibited from any use of the Site that would give rise to liability or otherwise violate any applicable laws or regulations or the Terms of Use. You may not publicly perform, publicly display, transmit, publish, participate in the sale or transfer of, modify, or create derivative works based on anything available through the Site, in whole or in part. You shall not store electronically any significant portion of any part of the Site. No reverse engineering, linking, framing, or modification of any part of the Site is allowed without our prior written approval. Any modification or unauthorized use is a violation of Franklin Templeton's copyrights and other proprietary rights.</p> <p><strong>Trademarks and copyrights.</strong> Our trademarks are listed in <a href="http://www.franklinresources.com/corp/pages/generic_content/footer/trademarks.jsf" target="_blank" rel="noopener">Franklin Templeton Trademarks</a>. Other company product and service names and logos used and displayed on the Site may be trademarks or service marks owned by others. Nothing on the Site should be construed as granting any license or right to use any of the Franklin Templeton Trademarks or other trademarks displayed on the Site without the prior written permission in each instance of Franklin Templeton and/or the owner(s) of such other trademarks. All goodwill generated from the use of the Franklin Templeton Trademarks on any website will inure to our benefit.</p> <p>The Site also contains text, software, graphics, images, and other material protected by copyrights or other proprietary rights and laws (collectively, the "Proprietary Material"), owned by Franklin Templeton or its licensors. Any use of such Proprietary Material other than as permitted herein is expressly prohibited without the prior permission of Franklin Templeton and/or the relevant rights holder in writing.</p> <p><strong>Copyright Policy and Claims Procedure.</strong> We reserve the right to remove from our Site, any content that is alleged to infringe someone's copyright. If you reasonably believe that your copyrighted work is accessible on the Site in a way that constitutes copyright infringement, <a href="/financial-professionals/help/terms-of-use/claims-procedures">please follow this procedure:</a>.</p> <p><strong>Franklin Templeton Linking and Logo Use Policies.</strong> Use of Franklin Templeton logos or creating hyperlinks to the Site is prohibited unless authorized by us in writing in advance. You may, however, create a link to the Site that includes our logo as long as you accept and follow our <strong>Linking Policy</strong> and <strong>Logo Use Policy</strong> and such link, including logo, is for your reasonable and fair business use, as an Authorized User for the purpose of providing Distribution Services (unless we have agreed to other terms in writing).</p> <p>We are granting a limited, revocable, and nonexclusive right to create a hyperlink to the Site under these policies, and we may revise the Linking or the Logo Use Policies, or withdraw these permissions or your permission at any time, without prior notice.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-10id10"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-10" aria-controls="accordion-content-10"> <span>Linking Policy</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-10" aria-labelledby="accordion-content-10id10"> <div class="panel-body"> <p>Linking to the Site is prohibited unless authorized by us in writing in advance.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-11id11"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-11" aria-controls="accordion-content-11"> <span>Logo Use Policy</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-11" aria-labelledby="accordion-content-11id11"> <div class="panel-body"> <p>The logo must not misrepresent relationship with Franklin Templeton such as implying there is a legal partnership, joint venture, etc.</p> <p>If used online, the Franklin Templeton logo must link to the <span> <a href="https://www.ftinstitutional.com/institutional/">Franklin Templeton Institutional</a> </span> or <span> <a href="https://www.franklintempleton.com/">Retail site.</a> </span></p> <p>Use the original logo artwork and make sure clear space is void of content and minimum size requirements are met.</p> <p>If our logo appears within a group, it must be sized similar to other logos (obeying clear space rules).</p> <p>May link to, but not replicate, Franklin Templeton Institutional or Franklin Templeton content, and the link must maintain the integrity of our layout, content, and "look and feel.&ldquo;</p> <p>Must not "frame" or create a browser or border environment or advertising around Franklin Templeton Institutional or Franklin Templeton content.</p> <p><a title="" class=" " href="/content-us/pdf/en-us/en-us-retail/Franklin_Templeton_Logo_Artwork.zip" target="">Click here</a> to download original logo artwork in .eps, .ai and .png formats</p> <p>We reserve the right to revoke use of our logo and permission to link to our website.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-12id12"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-12" aria-controls="accordion-content-12"> <span>Third Party Content Providers, Sites, Referrals, and Disclaimers</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-12" aria-labelledby="accordion-content-12id12"> <div class="panel-body"> <p><strong>Conditions may apply to third party content.</strong> Some of the products, services, content, including advertisements, tools, and information available through the Site may be provided by companies that are not affiliated with Franklin Templeton ("Third Party Content") and their source is clearly identified. In some cases, the Third Party Content may be framed-in on the Franklin Templeton Site or available through a link to a third party site. In the case of Third Party Content, there may be additional restrictions that apply to its use. You should be careful to examine them (for example, in accompanying statements or caveats or their posted terms of use) because they may be more restrictive than the restrictions Franklin Templeton imposes on our own, proprietary Site Content. Third Party Content providers may have reserved a right to modify the restrictions they impose on use of their content without notice. As with our Site's Terms of Use, use of Third Party Content after a change in the posted restrictions relating to that content will constitute acceptance of those changes.</p> <p><strong>Not responsible for Third Party Content, referrals or links to third parties or third party sites.</strong> For informational or educational purposes, or as a service and convenience to you, the Site may provide referral information, Third Party Content or live links to a regulatory agency, non-profit organization, or other unaffiliated third party and their websites, including companies that have a relationship with Franklin Templeton.</p> <p>Our decision to provide referral information to a third party or to pass on an offer made by a third party vendor or to provide a link from our Site to a third party site is not an endorsement of the third party, their products or services, or their website accessed through any such links. While we would generally only provide such information from, or links to, sources considered reliable, we do not have the resources to conduct independent investigations and accordingly we make no representations or warranties as to third party products, services, content, tools and information, and do not guarantee their accuracy, timeliness, completeness or usefulness. We advise and encourage you to do your own research. <strong>You will use Third Party Content only at your own risk.</strong></p> <p>Although Third Party Content may be displayed, framed-in or provided in a pop-up box on the Site, or available through a live link between our Site and a third party site (sometimes through opening a second browser window), Franklin Templeton does not prepare, edit, guarantee or endorse Third Party Content. When viewing Third Party Content through any such links, keep in mind that the third party's site terms and conditions, privacy and security policies, or other legal information may be different from those of Franklin Templeton's Site. We are not liable for any direct or indirect technical or system issues, consequences, or damages arising from your use of any third party website.</p> <p><strong>WE ARE NOT RESPONSIBLE FOR ANY THIRD PARTY, THEIR PRODUCTS OR SERVICES, THEIR WEBSITE, OR ANY CONTENT MADE AVAILABLE THROUGH SUCH THIRD PARTY SITES, NOR DO WE MAKE ANY WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED, REGARDING THIRD PARTY CONTENT (OR ITS ACCURACY) ON ANY THIRD PARTY SITES, AND WE SHALL HAVE NO LIABILITY OF ANY NATURE WHATSOEVER IN RELATION TO ANY OF THE FOREGOING.</strong></p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-13id13"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-13" aria-controls="accordion-content-13"> <span>Disclaimers</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-13" aria-labelledby="accordion-content-13id13"> <div class="panel-body"> <p><strong>DISCLAIMER OF WARRANTIES. YOU ACKNOWLEDGE AND AGREE THAT THE SITE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. NONE OF FRANKLIN TEMPLETON, ITS AFFILIATES OR THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES OR AGENTS OR FRANKLIN TEMPLETON 529 COLLEGE SAVINGS PLAN (COLLECTIVELY, THE "FRANKLIN TEMPLETON PARTIES") GUARANTEES THE TIMELINESS, ACCURACY, RELIABILITY, COMPLETENESS, OR USEFULNESS OF THE SITE. NONE OF THE FRANKLIN TEMPLETON PARTIES WARRANT THAT THE SITE OR DOWNLOADS WILL MEET YOUR NEEDS OR EXPECTATIONS, OR BE UNINTERRUPTED, SECURE OR ERROR FREE OR THAT THE SITE, ITS SERVER OR ANY FILES AVAILABLE FOR DOWNLOADING THROUGH THE SITE ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL ELEMENTS. THE FRANKLIN TEMPLETON PARTIES HAVE NO RESPONSIBILITY FOR VIRUSES OR ANY OTHER DAMAGE THAT MAY BE CAUSED TO YOU AS A RESULT OF USING THE SITE. PERIODS OF VOLATILE OR UNUSUAL MARKET ACTIVITY, IN PARTICULAR, MAY AFFECT SYSTEMS AVAILABILITY OR RESPONSE TIME.</strong></p> <p><strong>YOU EXPRESSLY AGREE THAT THE ENTIRE RISK AS TO THE QUALITY AND PERFORMANCE OF THE SITE AND THE TIMELINESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THE SITE IS ASSUMED SOLELY BY YOU. ALL OF THE FRANKLIN TEMPLETON PARTIES HEREBY SPECIFICALLY DISCLAIM ANY REPRESENTATIONS, ENDORSEMENTS, GUARANTEES, OR WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE SITE, INCLUDING WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT OF THIRD-PARTY RIGHTS. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, ALL OF THE FRANKLIN TEMPLETON PARTIES DISCLAIM ANY WARRANTIES WITH RESPECT TO ANY RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SITE.</strong></p> <p><strong>You are responsible for your connectivity.</strong> You agree that you are responsible for the means you use to access the Site and understand that your hardware, software, the Internet, your Internet Service Provider, and other third parties involved in connecting you to our Site may not perform as intended or desired.</p> <p><strong>Not responsible for third party damages.</strong> Franklin Templeton also disclaims responsibility for damages third parties may cause to you through the use of the Site, whether intentional or unintentional. For example, you understand that hackers could breach our security procedures, and that Franklin Templeton will not be responsible for any related damages.</p> <p><strong>No reliance on Data.</strong> Reasonable precautions have been taken to ensure that Site Content, including account information and pricing data, are complete and accurate. However, due to the nature of information delivery technology and the necessity of using multiple data sources, including Third Party Content, we are unable to assure the accuracy of the data you access through the Site. Site Content is presented only as of the date published or indicated and may be superseded by subsequent market events or other reasons. Franklin Templeton has no duty to update the Site or any Site Content. <strong>WE SHALL NOT BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY DAMAGES ARISING FROM ANY ACTIONS OR INVESTMENT DECISIONS TAKEN BY YOU BASED ON THE ACCURACY OF THE DATA PRESENTED THROUGH THE SITE.</strong></p> <p><strong>Cautions about future or "forward-looking" statements.</strong> Speculation or stated beliefs about future events, such as market and economic conditions, company or security performance, upcoming product offerings or other projections are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties. General business, market, economic and political conditions could cause actual results to differ materially from what we presently anticipate or project.</p> <p><strong>Internet email.</strong> We discourage you from using e-mail for sending confidential or sensitive information. If you send e-mail (encrypted or not) to us over the Internet, you are accepting the associated risks of lack of confidentiality.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-14id14"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-14" aria-controls="accordion-content-14"> <span>Limitation of Liability</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-14" aria-labelledby="accordion-content-14id14"> <div class="panel-body"> <p><strong>YOUR SOLE REMEDY FOR DISSATISFACTION WITH YOUR USE OF OUR SITE IS TO STOP USING THE SITE. 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FURTHER, THE FRANKLIN TEMPLETON PARTIES WILL NOT BE RESPONSIBLE FOR ANY FAILURE TO COMPLY, BY YOU OR ANY THIRD PARTY, WITH THESE TERMS OR WITH APPLICABLE FEDERAL, STATE AND LOCAL LAWS.</strong></p> <p><strong>THESE LIMITATIONS OF LIABILITY WILL APPLY REGARDLESS OF: (I) ANY NEGLIGENCE OR GROSS NEGLIGENCE OF ANY FRANKLIN TEMPLETON PARTY OR (II) WHETHER THE LIABILITY SOUNDS IN NEGLIGENCE, STRICT LIABILITY, CONTRACT, TORT (INCLUDING NEGLIGENCE) OR ANY OTHER THEORY OF LEGAL LIABILITY; AND WILL REMAIN IN EFFECT EVEN IF ANY REMEDY FAILS OF ITS ESSENTIAL PURPOSE. SOME STATES DO NOT ALLOW THE LIMITATION OF LIABILITY OR EXCLUSION OF WARRANTIES, SO THE ABOVE LIMITATIONS AND EXCLUSIONS MAY NOT APPLY TO YOU. IN THOSE STATES, THE FRANKLIN TEMPLETON PARTIES' LIABILITY WILL BE LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW. IN NO EVENT SHALL THE FRANKLIN TEMPLETON PARTIES' AGGREGATE LIABILITY TO YOU EXCEED ONE HUNDRED DOLLARS ($100).</strong></p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-15id15"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-15" aria-controls="accordion-content-15"> <span>Indemnification</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-15" aria-labelledby="accordion-content-15id15"> <div class="panel-body"> <p>Except to the extent otherwise set forth in the Selling or Distribution Agreement, you agree to make the Franklin Templeton Parties and their third party providers whole for any and all claims, losses, liabilities and expenses (including but not limited to attorneys' fees) arising from any use of the Site or your violation of these Terms of Use.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-16id16"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-16" aria-controls="accordion-content-16"> <span>Governing Law, Forum, Severability, and Miscellaneous</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-16" aria-labelledby="accordion-content-16id16"> <div class="panel-body"> <p>Failure by Franklin Templeton to enforce any provision(s) of these Terms of Use shall not be construed as a waiver of any provision or right. The Site is controlled and operated by Franklin Templeton from its offices within California in the United States of America. The laws of the State of California govern these Terms. If you take legal action relating to these Terms, you agree to file such action only in the state courts of the City and County of San Mateo, California, or the United States District Court for the Northern District of California, and you consent and submit to the personal jurisdiction of those courts for the purposes of litigating any such action.</p> <p>If any provision of these Terms of Use is deemed unlawful, void, or for any reason unenforceable, the remaining provisions shall be enforced to the fullest extent possible, and the remaining provisions shall remain in full force and effect.</p> <p>You shall comply with all laws, rules and regulations by any governmental authority or agency which govern or apply to the operation and use of the Site. Without limiting the foregoing, you agree to comply with such restrictions and not to export or re-export any of the Site to countries or persons prohibited under the export control laws of the United States. These Terms of Use inures to the benefit of Franklin Templeton, its successors and assigns. You may not assign the Terms of Use. No waiver shall be effective unless in writing. All rights not expressly granted herein are reserved by Franklin Templeton.</p> </div> </div> </li> <li> <div class="panel-heading" id="accordion-content-17id17"><a aria-expanded="false" data-parent="#accordion" data-toggle="collapse" href="#accordion-content-17" aria-controls="accordion-content-17"> <span>Termination</span> </a></div> <div class="panel-collapse collapse" id="accordion-content-17" aria-labelledby="accordion-content-17id17"> <div class="panel-body"> <p>You acknowledge and agree that Franklin Templeton may restrict, suspend or terminate the Terms of Use or your access to, and use, of the all or any part of Site, including any links to third-party sites, at any time, with or without cause, including but not limited to any breach of the Terms of Use, in Franklin Templeton's absolute discretion and without prior notice or liability. The relevant version of the Terms of Use shall continue to apply to all prior use of the Site. 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Franklin Limited Duration Income Trust Declares Monthly Distribution

From Franklin Templeton
contact Franklin Templeton
Telephone (800) 342-5236

San Mateo, CA, April 17, 2019 – Franklin Limited Duration Income Trust [NYSE American:FTF], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0870 per common share, payable May 15, 2019, to shareholders of record on April 30, 2019 (Ex-Dividend Date: April 29, 2019).  

The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10 percent, based on the average monthly net asset value (NAV) of the Fund’s common shares. The Fund will calculate the average NAV from the previous month based on the number of business days in that month on which the NAV is calculated.  The distribution will be calculated as 10 percent of the previous month’s average NAV, divided by 12. Management will generally distribute amounts necessary to satisfy the Fund’s plan and the requirements prescribed by excise tax rules and Subchapter M of the Internal Revenue Code. The plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended to narrow the discount between the market price and the NAV of the Fund’s common shares, but there is no assurance that the plan will be successful in doing so.

Under the managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level. No conclusions should be drawn about the Fund’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s managed distribution plan.

The Board may amend the terms of the plan or terminate the plan at any time without prior notice to the Fund’s shareholders. The amendment or termination of the plan could have an adverse effect on the market price of the Fund’s common shares. The plan will be subject to the periodic review by the Board, including a yearly review of the annual minimum fixed rate to determine if an adjustment should be made.

With each distribution that does not consist solely of net investment income, the Fund will issue a notice to shareholders and an accompanying press release that will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during its full fiscal year and may be subject to changes based on tax regulations. The Fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes.

The Fund may at times distribute more than its net investment income and net realized capital gains; therefore, a portion of the distribution may result in a return of capital. A return of capital occurs when some or all of the money that shareholders invested in the Fund is paid back to them. A return of capital does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’. Any such returns of capital will decrease the Fund’s total assets and, therefore, could have the effect of increasing the Fund’s expense ratio. In addition, in order to make the level of distributions called for under its plan, the Fund may have to sell portfolio securities at a less than opportune time.

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton’s Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com.  All investments involve risks, including possible loss of principal.  Interest rate movements and mortgage prepayments will affect the Fund's share price and yield.  Bond prices generally move in the opposite direction of interest rates.  As the prices of bonds in a fund adjust to a rise in interest rates, the fund’s share price may decline.  Investments in lower-rated bonds include higher risk of default and loss of principal.  The Fund is actively managed but there is no guarantee that the manager's investment decisions will produce the desired results.  For portfolio management discussions, including information regarding the Fund’s investment strategies, please view the most recent Annual or Semi-Annual Report to Shareholders which can be found at franklintempleton.com or sec.gov.

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating as Franklin Templeton. Franklin Templeton’s goal is to deliver better outcomes by providing global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries. Through specialized teams, the Company has expertise across all asset classes, including equity, fixed income, alternatives and custom multi-asset solutions. The Company’s more than 600 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With employees in over 30 countries, the California-based company has more than 70 years of investment experience and over US$712 billion in assets under management as of March 31, 2019. For more information, please visit franklintempleton.com.