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, payable on August 31, 2022, to shareholders of record on August 15, 2022 (Ex-Dividend Date: August 12, 2022). The Fund aims to provide high current income while preserving capital, alongside growth through income and capital appreciation. Distributions may fluctuate based on net investment income, and past distributions do not predict future performance. Shareholders will receive a Form 1099-DIV for tax reporting.

Positive

• Monthly distribution of $0.0425 per share reflects ongoing income generation.
• Emphasis on both income generation and capital preservation aligns with investor interests.

Negative

• Distributions may vary, creating uncertainty for shareholders.
• Past distribution performance may not indicate future results, potentially affecting investor confidence.

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 August 31, 2022, to shareholders of record on August 15, 2022 (Ex-Dividend Date: August 12, 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 $1.4 trillion in assets under management as of June 30, 2022. For more information, please visit franklintempleton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220805005365/en/

Franklin Templeton, 1-800-342-5236

Source: Franklin Templeton

FAQ

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

The monthly distribution amount is $0.0425 per share.

When will Franklin Universal Trust's distribution be paid?

The distribution will be paid on August 31, 2022.

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

The ex-dividend date is August 12, 2022.

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 growth and capital appreciation.

Will shareholders receive tax information for Franklin Universal Trust (FT) distributions?

Yes, shareholders will receive a Form 1099-DIV for tax reporting purposes.