Form 4: Franklin Resources Inc. Reports Transaction in Clarion Partners Real Estate Income Fund Inc.

Franklin Resources Inc. reports the disposition of shares in Clarion Partners Real Estate Income Fund Inc. at a price of $11.58 per share.

Summary

• On April 17, 2025, Franklin Resources Inc. disposed of 863,557.858 shares of Common Stock in Clarion Partners Real Estate Income Fund Inc.
• The transaction was executed at a price of $11.58 per share.
• Following the transaction, Franklin Resources Inc. directly owns 14,930,076.819 shares in the aggregate among four share classes.
• These share classes include Class S Shares (5,223.242), Class T Shares (5,232.408), Class D Shares (5,250.651), and Class I Shares (14,914,370.500).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a transaction. It doesn't convey any explicit positive or negative sentiment.

Industry Context

This Form 4 filing indicates a change in the holdings of Franklin Resources Inc., a major investment firm, in Clarion Partners Real Estate Income Fund Inc., a real estate investment fund. Such transactions are common in the investment management industry as firms adjust their portfolios.

Stakeholder Impact

• The transaction may have a minor impact on shareholders of Clarion Partners Real Estate Income Fund Inc. due to the change in ownership by a major shareholder.

Key Dates

Keywords

Franklin Resources Inc., Clarion Partners Real Estate Income Fund Inc., Share Disposition, Form 4, Beneficial Ownership, Securities Exchange Act, Investment Adviser, Shares