Franklin Universal Trust Declares Monthly Distribution

Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) has announced a distribution of $0.0425 per share, slated for payment on July 15, 2021. Shareholders of record by June 30, 2021 will be eligible, with an ex-dividend date of June 29, 2021. The amount of future distributions may vary based on the trust's net investment income. Investors are advised that past distributions are not indicative of future results and to be aware of the risks associated with investments, including potential loss of principal.

Positive

• Announcement of a distribution of $0.0425 per share.
• Scheduled payment date of July 15, 2021.

Negative

• Future distributions may vary, indicating potential uncertainty.
• Risk of principal loss during bond price fluctuations.

Franklin Universal Trust [NYSE: FT], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0425 per share, payable July 15, 2021, to shareholders of record on June 30, 2021 (Ex-Dividend Date: June 29, 2021).

Distributions may vary based on the Fund’s net investment income. Past distributions are not indicative of future trends.

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton’s Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. All investments involve risks, including possible loss of principal. Bond prices generally move in the opposite direction of interest rates. As the prices of bonds in a fund adjust to a rise in interest rates, the fund’s share price may decline. Investments in lower-rated bonds include higher risk of default and loss of principal. Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions. In addition to other factors, securities issued by utility companies have historically been sensitive to interest rate changes. When interest rates fall, utility securities prices, and thus a utilities fund’s share price, tend to rise; when interest rates rise, their prices generally fall. The Fund is actively managed but there is no guarantee that the manager’s investment decisions will produce the desired results. For portfolio management discussions, including information regarding the Fund’s investment strategies, please view the most recent Annual or Semi-Annual Report to Shareholders which can be found at franklintempleton.com or sec.gov.

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 70 years of investment experience and approximately $1.5 trillion in assets under management as of May 31, 2021. For more information, please visit franklintempleton.com.

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FAQ

What is the distribution amount announced by Franklin Universal Trust (FT)?

Franklin Universal Trust announced a distribution of $0.0425 per share.

When will the distribution be paid to shareholders of Franklin Universal Trust (FT)?

The distribution will be paid on July 15, 2021.

What is the ex-dividend date for Franklin Universal Trust (FT)?

The ex-dividend date is June 29, 2021.

What should investors know about the risks of investing in Franklin Universal Trust (FT)?

Investors should be aware of potential loss of principal and fluctuations in bond prices due to interest rate changes.