The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
Report for the Calendar Year or Quarter Ended: 12-31-2023
Check here if Amendment    Amendment Number:
This Amendment (Check only one.):    is a restatement.
   adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: FRANKLIN RESOURCES INC
Address: Franklin Resources Inc
One Franklin Parkway
San Mateo, CA  94403
Form 13F File Number: 028-00734
CRD Number (if applicable):
SEC File Number (if applicable):

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Thomas C. Mandia
Title: Assistant Secretary
Phone: 800-632-2350
Signature, Place, and Date of Signing:
/s/THOMAS C. MANDIA Stamford,  CT 02-07-2024
[Signature] [City, State] [Date]
Report Type (Check only one.):
   13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
   13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
X 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
Benefit Street Partners LLC 028-18146 000158672 801-72843 0001543160
Brandywine Global Investment Management, LLC 028-02204 000110783 801-27797 0000829108
ClearBridge Investments Ltd 028-16543 000151223 801-70506 0001499094
Clearbridge Investments, LLC 028-11611 000137028 801-64710 0001348883
Lexington Partners L.P. 028-17321 000147281 801-71411 0001621157
MARTIN CURRIE LTD 028-13902     0001094499
O'SHAUGHNESSY ASSET MANAGEMENT, LLC 028-12966 000144594 801-68177 0001423442
ROYCE & ASSOCIATES LP 028-03780 000107689 801-8268 0000906304
Western Asset Management Company, LLC 028-10245 000110441 801-8162 0001138897
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 17
Form 13F Information Table Entry Total: 9,225
Form 13F Information Table Value Total: 213,868,382,122
(round to nearest dollar)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
1 FIDUCIARY TRUST CO INTERNATIONAL 028-03877     0000941407
2 Fiduciary Trust Co International of Pennsylvania 028-15057     0001560808
3 FIDUCIARY TRUST Co OF CANADA 028-17561     0001689636
4 FIDUCIARY TRUST INTERNATIONAL LLC 028-13852 000124062 801-62001 0001424480
5 FRANKLIN ADVISERS INC 028-03578 000104517 801-26292 0000898420
6 FRANKLIN ADVISORY SERVICES LLC 028-05930 000111361 801-51967 0001027814
7 Franklin Managed Options Strategies, LLC 028-23344 000325732 801-127676 0001987159
8 FRANKLIN MUTUAL ADVISERS LLC 028-06154 000111376 801-53068 0001023875
9 Franklin Templeton Australia Ltd 028-21841     0001910379
10 Franklin Templeton Institutional, LLC 028-12310 000117384 801-60684 0001368427
11 Franklin Templeton International Services S.a r.l 028-19123     0001766900
12 FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LTD 028-11761 000111360 801-55170 0001200138
13 FRANKLIN TEMPLETON INVESTMENTS ASIA LTD 028-11855 000114898 801-60477 0001200139
14 FRANKLIN TEMPLETON INVESTMENTS CORP 028-06143 000111364 801-58185 0001132702
15 TEMPLETON ASSET MANAGEMENT LTD 028-11763 000111382 801-46997 0001039348
16 TEMPLETON GLOBAL ADVISORS LTD 028-05454 000111383 801-42343 0001014885
17 TEMPLETON INVESTMENT COUNSEL LLC 028-01074 000111370 801-15125 0000315282