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

Rhea-AI Summary

Franklin Universal Trust (FT) announced a monthly distribution of $0.0425 per share, payable on April 29, 2022. Shareholders on record as of April 18, 2022 will receive this distribution, with an Ex-Dividend Date of April 14, 2022. The fund aims to provide high current income while preserving capital and offers growth through income and capital appreciation. However, past distributions are not indicative of future results, and actual amounts for tax reporting may vary.

Positive

• Monthly distribution of $0.0425 per share demonstrates commitment to shareholders.
• Fund maintains a dual objective of income generation and capital preservation.

Negative

• Distribution amounts may vary, indicating potential uncertainty in income.
• Past distributions not indicative of future performance, highlighting risk.

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 April 29, 2022, to shareholders of record on April 18, 2022 (Ex-Dividend Date: April 14, 2022).

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 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 boutique specialization on a global scale, bringing 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 75 years of investment experience and approximately $1.5 trillion in assets under management as of February 28, 2022. For more information, please visit franklintempleton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220407005740/en/

Franklin Templeton, 1-800-342-5236.

 

Source: Franklin Templeton

FAQ

What is the distribution amount for Franklin Universal Trust (FT) in April 2022?

Franklin Universal Trust (FT) announced a distribution of $0.0425 per share for April 2022.

When is the ex-dividend date for the April 2022 distribution of FT?

The ex-dividend date for FT's April 2022 distribution is April 14, 2022.

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

The primary objective of FT is to provide high current income with capital preservation, while the secondary objective focuses on growth through income increases and capital appreciation.

What should shareholders know about the distribution amounts for FT?

Shareholders should note that the amounts and sources of distributions are estimates and may change based on the Fund's performance and tax regulations.