Franklin Templeton plans to convert ten Putnam municipal bond mutual funds into ETFs

1 month ago 3

Financials

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Franklin Resources (NYSE:BEN), better known as Franklin Templeton, announced on Monday plans to convert 10 Putnam municipal bond mutual funds into exchange-traded funds.

The conversion significantly expands the company's municipal bond ETF lineup.

Shares were +0.18% pre-market to $22.25.

The

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