Form 13f Holdings Report (13f-hr)

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	OMB APPROVAL
	Washington, D.C. 20549 FORM 13F	OMB Number:   3235-0006 Expires:          July 31, 2015 Estimated average burden hours per response:       23.8

FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:

09-30-2020

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

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:	Aliya S. Gordon
Title:	Vice President and Secretary
Phone:	800-632-2350

Signature, Place, and Date of Signing:

/s/ALIYA S. GORDON	San Mateo,  CALIFORNIA	11-11-2020
[Signature]	[City, State]	[Date]

Do you wish to provide information pursuant to Special Instruction 5?

X  Yes          No

Additional Information

Legg Mason, Inc., 13F File Number 028-01700 ("LMI"), was acquired by Franklin Resources, Inc. ("FRI") on July 31, 2020. Through the quarter ended June 30, 2020, LMI reported its holdings of 13F Securities on a 13F Combination Report. As a result of that acquisition, beginning with this Form 13F, LMI will no longer file a Combination Report. Also, certain affiliates of LMI acquired by FRI in the acquisition, which through the quarter ended June 30, 2020 reported their respective holdings of 13F Securities on individual 13F Holdings Reports, are now each listed as an Other Manager Reporting for FRI and each will file its holdings on a 13F Combination Report. Additionally, Fiduciary Trust International, LLC, which through the quarter ended June 30, 2020 was listed as an Other Manager Reporting for FRI, is now listed as an Other Included Manager on FRI's Combination Report.

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.]

Form 13F File Number	Name
028-18146	Benefit Street Partners LLC
028-02204	Brandywine Global Investment Management, LLC
028-11611	Clearbridge Investments, LLC
028-13902	MARTIN CURRIE LTD
028-14009	QS Investors, LLC
028-16543	Rare Infrastructure Ltd
028-03780	ROYCE & ASSOCIATES LP
028-10245	Western Asset Management Company, LLC