Franklin FTSE Australia ETF Price & Performance (FLAU)

Franklin FTSE Australia ETF (FLAU) closed at $28.92 on April 25, marking a 3.19% year-to-date gain and a 4.47% rise over the past year. The ETF outperformed several related funds in April, rebounding from a March dip and benefiting from renewed investor interest in Australian equities.12

Franklin Resources (BEN) stock touched a 52-week low of $16.31, reflecting a 36.65% annual decline. Despite the drop, the firm maintains a 7.68% dividend yield and a 45-year streak of payments. The company faces sector headwinds but is considered undervalued, with stable liquidity and net income growth projected.34

Franklin Templeton’s closed-end funds, including Templeton Dragon Fund and Templeton Emerging Markets Fund, repurchased shares in Q1 2025 as part of ongoing efforts to enhance shareholder value. These buybacks, executed when shares trade below NAV, are designed to incrementally boost fund net asset value for investors.5