Has Franklin Templeton Convulsed An Entire Mutual Fund Category?
Fallen trees stand in front of damaged houses after a hurricane. (Photographer: Zack Wittman/Bloomberg)

Has Franklin Templeton Convulsed An Entire Mutual Fund Category?

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Franklin Templeton on Thursday announced the winding down of six of its debt funds. This is an unprecedented move, in that the last time we saw a fund being wound up was with Sahara Mutual Fund in ...