Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution

Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) has declared a monthly distribution of $0.0425 per share, payable on November 15, 2021, to shareholders of record on October 29, 2021. The fund's primary objective is to provide high current income while preserving capital, with a secondary goal of income growth through dividends and capital appreciation. Distribution amounts may vary based on net investment income, and past distribution levels do not predict future performance.

Positive

• Monthly distribution of $0.0425 per share indicates ongoing income generation for shareholders.
• Fund's strategy focuses on providing high current income and capital preservation.

Negative

• Distributions are estimates and may not be guaranteed for tax reporting purposes.
• No indication of future performance can be drawn from current distribution amounts.

SAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on November 15, 2021, to shareholders of record on October 29, 2021 (Ex-Dividend Date: October 28, 2021).

The Fund’s primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. Distributions may vary based on the Fund’s net investment income. Past distributions are not indicative of future trends.

Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Fund’s distribution policy. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund’s distributions for federal income tax purposes.

For further information on Franklin Universal Trust, please
visit our web site at: www.franklintempleton.com

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 September 30, 2021. For more information, please visit franklintempleton.com.

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Franklin Templeton

1-800-342-5236

Source: Franklin Templeton

FAQ

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

Franklin Universal Trust (FT) has announced a monthly distribution of $0.0425 per share.

When will the distribution for Franklin Universal Trust (FT) be paid?

The distribution will be paid on November 15, 2021.

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

The record date for the distribution is October 29, 2021.

What are the primary objectives of Franklin Universal Trust (FT)?

The primary objective is to provide high current income while preserving capital, with a secondary goal of income growth.

Can past distributions predict future performance for Franklin Universal Trust (FT)?

No, past distribution levels are not indicative of future performance.