FRANKLIN RESOURCES INC

Ticker: BEN CUSIP: 354613101 Class: COM

FIDUCIARY MANAGEMENT INC /WI/'s Holding History (CIK: 0000764532)

Note: Option positions (PUT/CALL) are excluded.

Q2 2019

Shares 4,261,255 Value ($000) $148,292 Avg Close $24.66 Range $22.84 - $25.97

Q1 2019

Shares 4,268,950 Value ($000) $141,473 Avg Close $22.72 Range $20.56 - $24.56

Q4 2018

Shares 4,263,274 Value ($000) $126,449 Avg Close $21.92 Range $19.49 - $24.70

Q3 2018

Shares 4,174,495 Value ($000) $126,946 Avg Close $22.81 Range $21.19 - $24.66

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	4,261,255	$148,292	$24.66	$22.84 - $25.97
Q1 2019	4,268,950	$141,473	$22.72	$20.56 - $24.56
Q4 2018	4,263,274	$126,449	$21.92	$19.49 - $24.70
Q3 2018	4,174,495	$126,946	$22.81	$21.19 - $24.66