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

Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) announced a monthly distribution of $0.0425 per share from net investment income, payable on January 31, 2023. Record shareholders as of January 19, 2023 will receive this distribution, which is reflective of the Fund's objective to provide high income while preserving capital and promoting growth through dividends and capital appreciation. Shareholders are reminded that past distributions do not predict future trends, and actual amounts for tax purposes may vary based on the Fund's performance.

Positive

• Monthly distribution announced at $0.0425, supporting income generation for shareholders.

Negative

• None.

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 January 31, 2023, to shareholders of record on January 19, 2023 (Ex-Dividend Date: January 18, 2023).

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. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 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 offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 75 years of investment experience and approximately $1.4 trillion in assets under management as of November 30, 2022. For more information, please visit franklintempleton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230109005633/en/

Franklin Templeton

1-800-342-5236

Source: Franklin Templeton

FAQ

What is the distribution amount for Franklin Universal Trust for January 2023?

Franklin Universal Trust announced a distribution of $0.0425 per share for January 2023.

When will the distribution for Franklin Universal Trust be paid?

The distribution will be payable on January 31, 2023.

What is the record date for the January 2023 distribution of Franklin Universal Trust?

The record date is January 19, 2023.

What are the investment objectives of Franklin Universal Trust?

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