Franklin Universal Trust Declares Monthly Distribution

Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) has announced a distribution of $0.0425 per share, payable on October 15, 2021, to shareholders of record as of September 30, 2021. The ex-dividend date is set for September 29, 2021. Distributions may change based on the Fund’s net investment income, and past distributions do not predict future results. Franklin Resources, Inc. (NYSE: BEN) manages over $1.5 trillion in assets, providing investment management solutions worldwide.

Positive

• Declared a distribution of $0.0425 per share.
• Fund managed by an experienced organization with over $1.5 trillion in assets.

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• None.

SAN MATEO, Calif.--(BUSINESS WIRE)-- 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 October 15, 2021, to shareholders of record on September 30, 2021 (Ex-Dividend Date: September 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 over $1.5 trillion in assets under management as of August 31, 2021. For more information, please visit franklintempleton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210920005725/en/

Franklin Templeton

Shareholders/Financial Advisors: (800) 342-5236

Source: Franklin Templeton

FAQ

What is the distribution amount for Franklin Universal Trust (FT) in 2021?

The distribution amount is $0.0425 per share.

When is the payment date for the Franklin Universal Trust (FT) distribution?

The payment date is October 15, 2021.

What is the record date for the Franklin Universal Trust (FT) distribution?

The record date is September 30, 2021.

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

The ex-dividend date is September 29, 2021.

Who manages Franklin Universal Trust (FT)?

Franklin Universal Trust is managed by Franklin Advisers, Inc.