| Franklin Resources is a holding company with subsidiaries operating under its Franklin Templeton®. Co. is an investment management organization. Through its investment products, Co. provides investment management and related services to retail, institutional and investors. Co.'s investment products include sponsored funds, as well as institutional and separate accounts, retail separately managed account programs, and sub-advised products. Co.'s funds include registered funds and unregistered funds. Co.'s services include fund administration, sales and distribution, and shareholder servicing. Co. also provides sub-advisory services to certain investment products sponsored by other companies. The BEN YTD return is shown above.
The YTD Return on the BEN YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether BEN YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the BEN YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.