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

Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) has announced a monthly distribution of $0.0425 per share from net investment income, payable on December 15, 2021. Shareholders of record on November 30, 2021 will receive this payout, with an ex-dividend date of November 29, 2021. The Fund aims to provide high current income while preserving capital, although future distributions may vary. Accurate tax reporting will depend on the Fund's investment performance throughout the fiscal year.

Positive

• Monthly distribution of $0.0425 per share demonstrates ongoing income generation.
• Investment objective focuses on high current income combined with capital preservation.

Negative

• Distributions are estimates and may not reflect actual performance or future trends.
• Shareholders are cautioned against drawing conclusions based solely on 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 December 15, 2021, to shareholders of record on November 30, 2021 (Ex-Dividend Date: November 29, 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 October 31, 2021. For more information, please visit franklintempleton.com.

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Franklin Templeton

1-800-342-5236

 

Source: Franklin Universal Trust

FAQ

When will Franklin Universal Trust distribute its monthly dividend?

Franklin Universal Trust will distribute its monthly dividend on December 15, 2021.

What is the distribution amount for Franklin Universal Trust for December 2021?

The distribution amount for December 2021 is $0.0425 per share.

What is the record date for the December 2021 distribution of Franklin Universal Trust?

The record date for the distribution is November 30, 2021.

What are the investment objectives of Franklin Universal Trust?

Franklin Universal Trust aims to provide high current income while preserving capital.

What does the distribution policy of Franklin Universal Trust imply?

The distribution amounts may vary based on the Fund’s net investment income and should not be interpreted as indicators of future performance.