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, scheduled for July 29, 2022. Shareholders of record by July 18, 2022 will be eligible, with an ex-dividend date of July 15, 2022. The primary goal of the Fund is to provide high income while preserving capital, with a focus on growth through dividend increases. Distributions may change based on net investment income, and past distributions do not predict future performance.

Positive

• Monthly distribution of $0.0425 per share announced.
• Primary objective to provide high current income with capital preservation.

Negative

• Distributions may vary and are not indicative of future performance.
• Actual amounts for tax reporting purposes depend on the Fund’s investment experience.

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 July 29, 2022, to shareholders of record on July 18, 2022 (Ex-Dividend Date: July 15, 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 $1.45 trillion in assets under management as of May 31, 2022. For more information, please visit franklintempleton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220708005418/en/

Franklin Templeton

1-800-342-5236

Source: Franklin Templeton

FAQ

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

The distribution amount is $0.0425 per share.

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

The payment date is July 29, 2022.

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

The record date is July 18, 2022.

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

The ex-dividend date is July 15, 2022.

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

The primary objective is to provide high current income, with a secondary focus on capital appreciation.