Welcome to our dedicated page for Franklin Universal Trust Shares of Beneficial Interest news (Ticker: FT), a resource for investors and traders seeking the latest updates and insights on Franklin Universal Trust Shares of Beneficial Interest stock.
Franklin Universal Trust Shares of Beneficial Interest (symbol: FT) is a closed-end management investment company operating under the umbrella of Franklin Resources, Inc., globally known as Franklin Templeton Investments. The primary objective of this fund is to provide high current income while ensuring the preservation of capital. In addition to this, it aims for the growth of income through potential dividend increases and capital appreciation, making it a robust choice for investors looking for both stability and growth.
FT leverages a diversified portfolio strategy by investing in two main asset classes: high-yield bonds and utility stocks. This dual investment approach helps in balancing risk while aiming to deliver consistent returns. High-yield bonds offer the potential for higher income, while utility stocks are known for their stable and reliable dividends. This mix allows Franklin Universal Trust to cater to investors with varying risk appetites and income needs.
Over the years, Franklin Universal Trust has achieved a reputation for its disciplined investment approach and robust performance. It continues to focus on strategic asset allocation, rigorous credit analysis, and effective risk management to meet its objectives. The fund is managed by experienced professionals who bring a wealth of knowledge and expertise to the table, ensuring that each investment decision aligns with the fund's goals.
Recently, Franklin Universal Trust has been focusing on enhancing its portfolio through selective investments in high-potential sectors. By keeping a close eye on market trends and economic indicators, the fund aims to capitalize on emerging opportunities while mitigating potential risks. This proactive approach helps in maintaining a balanced and dynamic portfolio that can adapt to changing market conditions.
As part of Franklin Templeton Investments, Franklin Universal Trust benefits from the vast resources and global reach of its parent company. Franklin Templeton's extensive research capabilities, combined with its strong network and industry insights, provide a solid foundation for the fund's investment strategies. This synergy ensures that Franklin Universal Trust remains well-positioned to deliver on its commitment to investors, providing reliable income and potential for growth.
Key Highlights:
- Primary objective: High current income
- Secondary objective: Income growth through dividends and capital appreciation
- Investment Strategy: Diversified portfolio of high-yield bonds and utility stocks
- Management: Experienced professionals with a disciplined investment approach
- Affiliation: Part of Franklin Templeton Investments, leveraging global resources and expertise
Franklin Universal Trust (FT) has declared a monthly distribution of $0.0425 per share, payable on November 29, 2024, to shareholders of record on November 18, 2024. The Fund's primary objective is to provide high current income while preserving capital, with a secondary focus on income growth through dividend increases and capital appreciation. The Fund is managed by Franklin Templeton, a global investment management organization with over $1.6 trillion in assets under management as of September 30, 2024, and operates through more than 1,500 investment professionals worldwide.
Franklin Universal Trust (FT) has announced its October 2024 distribution of $0.0425 per share, comprising 61% ($0.0260) from net investment income and 39% ($0.0165) as return of capital. The Fund reports a 5.64% average annual total return over the 5-year period and a 6.04% annualized distribution rate. FT notes that it has distributed more than its income and realized capital gains, resulting in a portion being return of capital. The Fund's primary objective is to provide high current income while preserving capital, with a secondary focus on income growth through dividend increases and capital appreciation.
Franklin Universal Trust [NYSE: FT] has announced a monthly distribution of $0.0425 per share from net investment income, payable on October 31, 2024, to shareholders of record on October 17, 2024. The Fund's primary objective is to provide high, current income while preserving capital, with a secondary goal of income growth through dividend increases and capital appreciation.
The Fund emphasizes that distributions may vary based on net investment income, and past distributions do not indicate future trends. Shareholders are advised not to draw conclusions about the Fund's performance from the current distribution amount. The actual amounts for tax reporting will depend on the Fund's fiscal year investment experience and may change due to tax regulations.
Franklin Universal Trust (NYSE: FT) has announced its distribution sources for September 2024 and the fiscal year 2024 to date. The Fund's estimated allocations for the September monthly distribution of $0.0425 per share are: 80% from net investment income and 20% from return of capital. For the fiscal year-to-date, the $0.5100 per share distribution is allocated as: 57% from net investment income, 16% from net realized short-term capital gains, and 27% from return of capital.
The Fund's performance metrics as of August 31, 2024, include an average annual total return of 5.30% over the past 5 years, an annualized distribution rate of 6.21%, and a cumulative total return of 19.18% for the fiscal period. Franklin Universal Trust's primary objective is to provide high, current income while preserving capital, with a secondary goal of income growth through dividend increases and capital appreciation.
Franklin Universal Trust [NYSE: FT] has announced an update to its Portfolio Management Team, effective September 30, 2024. The new team responsible for the day-to-day oversight of the Fund will consist of Glenn Voyles, Jon Belk, and Tricia O'Connor.
The Fund's shares are traded on the New York Stock Exchange and, like stocks, their prices fluctuate with market conditions. Investors should be aware that shares of closed-end funds often trade at a discount to their net asset value and can increase risk of loss.
Franklin Resources, Inc., the parent company, is a global investment management organization operating as Franklin Templeton. With over 75 years of investment experience, the company has more than 1,500 investment professionals, offices in major financial markets worldwide, and over $1.6 trillion in assets under management as of August 31, 2024.
Franklin Universal Trust (NYSE: FT) has announced a monthly distribution of $0.0425 per share from net investment income, payable on September 30, 2024, to shareholders of record on September 19, 2024. The Fund's primary objective is to provide high, current income while preserving capital, with a secondary goal of income growth through dividend increases and capital appreciation. Franklin Universal Trust is part of Franklin Templeton, a global investment management organization with over $1.6 trillion in assets under management as of July 31, 2024. The company offers specialized investment expertise across fixed income, equity, alternatives, and multi-asset solutions.
Franklin Universal Trust [NYSE: FT] has announced its distribution sources for August 2024 and the fiscal year-to-date. The Fund's August distribution of $0.0425 per share comprises 37% from net investment income, 1% from net realized short-term capital gains, and 62% as return of capital. For the fiscal year-to-date, the $0.4675 per share distribution includes 55% from net investment income, 18% from net realized short-term capital gains, and 27% as return of capital.
The Fund's performance metrics show an average annual total return of 5.15% over the past 5 years, an annualized distribution rate of 6.37%, and a cumulative total return of 15.82% for the current fiscal period. FT's primary objective is to provide high current income while preserving capital, with a secondary aim of income growth through dividend increases and capital appreciation.
Franklin Universal Trust [NYSE: FT] has announced a monthly distribution of $0.0425 per share from net investment income, payable on August 30, 2024, to shareholders of record on August 19, 2024. The Fund's primary objective is to provide high, current income while preserving capital, with a secondary goal of income growth through dividend increases and capital appreciation. Franklin Universal Trust is part of Franklin Templeton, a global investment management organization with over $1.6 trillion in assets under management as of June 30, 2024. The company offers expertise in fixed income, equity, alternatives, and multi-asset solutions, with more than 1,500 investment professionals worldwide.
Franklin Universal Trust (NYSE: FT) has announced its distribution sources for July 2024 and fiscal year 2024 to date. The Fund's estimated allocations for the July monthly distribution of $0.0425 per share are: 50% from net investment income, 13% from net realized short-term capital gains, and 37% from return of capital. For the fiscal year-to-date, the cumulative distribution of $0.4250 per share is allocated as: 57% from net investment income, 19% from net realized short-term capital gains, and 24% from return of capital.
The Fund's performance metrics include an average annual total return of 4.29% over the past 5 years, an annualized distribution rate of 6.61%, and a cumulative total return of 11.04% for the current fiscal period. FT's primary objective is to provide high current income while preserving capital, with a secondary goal of income growth through dividend increases and capital appreciation.
Franklin Universal Trust (NYSE: FT) announced a monthly distribution of $0.0425 per share from net investment income, payable on July 31, 2024, to shareholders of record on July 18, 2024. The Fund aims to provide high current income while preserving capital, with a secondary objective of income growth through dividend increases and capital appreciation.
Distributions may vary and past distributions are not indicative of future trends. The distribution's tax reporting details will be provided with a Form 1099-DIV. Franklin Universal Trust is part of Franklin Templeton, a global investment management firm with $1.6 trillion in assets under management as of May 31, 2024.
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