Franklin Universal Trust (“FT” or the “Fund”) Announces Notification of Sources of Distributions
Franklin Universal Trust (NYSE: FT) has announced its distribution sources for July 2024 and fiscal year 2024 to date. The Fund's estimated allocations for the July monthly distribution of $0.0425 per share are: 50% from net investment income, 13% from net realized short-term capital gains, and 37% from return of capital. For the fiscal year-to-date, the cumulative distribution of $0.4250 per share is allocated as: 57% from net investment income, 19% from net realized short-term capital gains, and 24% from return of capital.
The Fund's performance metrics include an average annual total return of 4.29% over the past 5 years, an annualized distribution rate of 6.61%, and a cumulative total return of 11.04% for the current fiscal period. FT's primary objective is to provide high current income while preserving capital, with a secondary goal of income growth through dividend increases and capital appreciation.
Franklin Universal Trust (NYSE: FT) ha annunciato le sue fonti di distribuzione per luglio 2024 e per l'anno fiscale 2024 fino ad oggi. Le allocazioni stimate del Fondo per la distribuzione mensile di luglio di $0,0425 per azione sono: 50% da reddito da investimenti netti, 13% da guadagni di capitale a breve termine realizzati netti e 37% da restituzione di capitale. Per l'anno fiscale fino ad oggi, la distribuzione cumulativa di $0,4250 per azione è allocata come segue: 57% da reddito da investimenti netti, 19% da guadagni di capitale a breve termine realizzati netti e 24% da restituzione di capitale.
I parametri di performance del Fondo includono un ritorno totale medio annuale del 4,29% negli ultimi 5 anni, un tasso di distribuzione annualizzato del 6,61% e un ritorno totale cumulativo dell'11,04% per il periodo fiscale attuale. L'obiettivo principale di FT è fornire un alto reddito corrente preservando il capitale, con un obiettivo secondario di crescita dei redditi attraverso aumenti dei dividendi e apprezzamento del capitale.
Franklin Universal Trust (NYSE: FT) ha anunciado sus fuentes de distribución para julio de 2024 y para el año fiscal 2024 hasta la fecha. Las allocaciones estimadas del Fondo para la distribución mensual de julio de $0.0425 por acción son: 50% de ingresos netos de inversiones, 13% de ganancias de capital a corto plazo realizadas y 37% de retorno de capital. Para el año fiscal hasta la fecha, la distribución acumulada de $0.4250 por acción se asigna de la siguiente manera: 57% de ingresos netos de inversiones, 19% de ganancias de capital a corto plazo realizadas y 24% de retorno de capital.
Los indicadores de rendimiento del Fondo incluyen un retorno total anual promedio del 4,29% en los últimos 5 años, una tasa de distribución anualizada del 6,61%, y un retorno total acumulado del 11,04% para el período fiscal actual. El objetivo principal de FT es proporcionar un alto ingreso corriente mientras se preserva el capital, con un objetivo secundario de crecimiento de ingresos a través de aumentos en los dividendos y la apreciación del capital.
프랭클린 유니버설 트러스트 (NYSE: FT)는 2024년 7월 및 2024 회계연도 현재까지의 배당 소스를 발표했습니다. 7월 월별 배당금 주당 $0.0425에 대한 펀드의 예상 배분은 다음과 같습니다: 50%는 순 투자 수익에서, 13%는 순 실현 단기 자본 이익에서, 37%는 자본 반환에서 발생. 회계연도 현재까지 주당 $0.4250의 누적 배당금은 다음과 같이 배분됩니다: 57%는 순 투자 수익에서, 19%는 순 실현 단기 자본 이익에서, 24%는 자본 반환에서 발생.
펀드의 성과 지표로는 지난 5년 동안 연간 평균 총 수익률 4.29%, 연환산 배당률 6.61%, 현재 회계 período 동안의 누적 총 수익률 11.04%이 포함됩니다. FT의 주요 목표는 자본을 보존하면서 높은 현금 수익을 제공하는 것이며, 보조 목표는 배당금 증가와 자본 증가를 통한 수익 성장입니다.
Franklin Universal Trust (NYSE: FT) a annoncé ses sources de distribution pour juillet 2024 et pour l'année fiscale 2024 à ce jour. Les allocations estimées du Fonds pour la distribution mensuelle de juillet de 0,0425 $ par action sont les suivantes : 50% des revenus nets d'investissement, 13% des gains en capital à court terme réalisés et 37% du retour de capital. Pour l'année fiscale à ce jour, la distribution cumulée de 0,4250 $ par action est répartie comme suit : 57% des revenus nets d'investissement, 19% des gains en capital à court terme réalisés et 24% du retour de capital.
Les indicateurs de performance du Fonds comprennent un rendement total moyen annuel de 4,29% au cours des 5 dernières années, un taux de distribution annualisé de 6,61% et un rendement total cumulé de 11,04% pour la période fiscale actuelle. L'objectif principal de FT est de fournir un revenu courant élevé tout en préservant le capital, avec un objectif secondaire de croissance des revenus grâce à des augmentations de dividendes et à l'appréciation du capital.
Franklin Universal Trust (NYSE: FT) hat seine Verteilungsquellen für Juli 2024 und das bis heute laufende Geschäftsjahr bekannt gegeben. Die geschätzten Zuweisungen des Fonds für die monatliche Ausschüttung im Juli von $0,0425 pro Aktie sind: 50% aus Nettokapitaleinkommen, 13% aus realisierten kurzfristigen Kapitalgewinnen und 37% aus Rückzahlung des Kapitals. Für das laufende Geschäftsjahr bis heute beträgt die kumulierte Ausschüttung von $0,4250 pro Aktie: 57% aus Nettokapitaleinkommen, 19% aus realisierten kurzfristigen Kapitalgewinnen und 24% aus Rückzahlung des Kapitals.
Die Leistungskennzahlen des Fonds umfassen eine durchschnittliche jährliche Gesamtrendite von 4,29% über die letzten 5 Jahre, eine annualisierte Ausschüttungsquote von 6,61% und eine kumulierter Gesamtverzinsung von 11,04% für den aktuellen Geschäftsjahrzeitraum. Das Hauptziel von FT ist es, ein hohes aktuelles Einkommen bei gleichzeitiger Kapitalerhaltung zu bieten, mit einem sekundären Ziel des Einkommenswachstums durch Dividendenerhöhungen und Kapitalwertsteigerungen.
- Consistent monthly distribution of $0.0425 per share
- 57% of fiscal year-to-date distribution comes from net investment income
- Annualized distribution rate of 6.61% based on NAV
- Cumulative total return of 11.04% for the current fiscal period
- 37% of July's distribution is classified as return of capital
- 24% of fiscal year-to-date distribution is return of capital, potentially indicating distribution exceeds earnings
- Average annual total return of 4.29% over 5 years may be considered modest
Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 |
The Fund’s estimated sources of the distribution to be paid on July 31, 2024 and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for July Monthly Distribution as of June 30, 2024:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of Capital |
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Cumulative Estimated Allocations fiscal year-to-date as of June 30, 2024, for the fiscal year ending August 31, 2024:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of Capital |
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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. FT estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the FT distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money that a shareholder invested in a Fund is paid back to them. A return of capital distribution does not necessarily reflect FT’s investment performance and should not be confused with ‘yield’ or ‘income’. 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.
Average Annual Total Return (in relation to the change in net asset value (NAV) for the 5-year period ended on 6/30/2024)1 |
Annualized Distribution Rate (as a percentage of NAV for the current fiscal period through 6/30/2024)2 |
Cumulative Total Return (in relation to the change in NAV for the fiscal period through 6/30/2024)3 |
Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 6/30/2024)4 |
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Fund Performance and Distribution Rate Information:
- Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ended through June 30, 2024. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
- The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV through June 30, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from August 31, 2023 through June 30, 2024, assuming reinvestment of distributions paid.
- The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period August 31, 2023 through June 30, 2024, as a percentage of the Fund’s NAV as of June 30, 2024.
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.
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 150 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 more than 1,500 investment professionals, and offices in major financial markets around the world, the
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For more information, please contact Franklin Templeton at 1-800-342-5236
Source: Franklin Templeton
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