Franklin Universal Trust (“FT” or the “Fund”) Announces Notification of Sources of Distributions
Franklin Universal Trust (FT) has announced its October 2024 distribution of $0.0425 per share, comprising 61% ($0.0260) from net investment income and 39% ($0.0165) as return of capital. The Fund reports a 5.64% average annual total return over the 5-year period and a 6.04% annualized distribution rate. FT notes that it has distributed more than its income and realized capital gains, resulting in a portion being return of capital. The Fund's primary objective is to provide high current income while preserving capital, with a secondary focus on income growth through dividend increases and capital appreciation.
Franklin Universal Trust (FT) ha annunciato la sua distribuzione di ottobre 2024 di $0.0425 per azione, composta dal 61% ($0.0260) da reddito netto da investimenti e dal 39% ($0.0165) come rimborso di capitale. Il Fondo riporta un rendimento totale medio annuo del 5,64% sul periodo di 5 anni e un tasso di distribuzione annualizzato del 6,04%. FT osserva di aver distribuito più del suo reddito e dei guadagni di capitale realizzati, risultando in una parte che è un rimborso di capitale. L'obiettivo primario del Fondo è fornire un alto reddito corrente preservando il capitale, con un focus secondario sulla crescita del reddito attraverso aumenti dei dividendi e l'apprezzamento del capitale.
Franklin Universal Trust (FT) ha anunciado su distribución de octubre de 2024 de $0.0425 por acción, compuesta por el 61% ($0.0260) de ingresos netos por inversiones y el 39% ($0.0165) como rendimiento de capital. El Fondo reporta un rendimiento total anual promedio del 5.64% en el período de 5 años y un tasa de distribución anualizada del 6.04%. FT señala que ha distribuido más de sus ingresos y ganancias de capital realizadas, resultando en una parte que es retorno de capital. El objetivo principal del Fondo es proporcionar altos ingresos corrientes mientras preserva el capital, con un enfoque secundario en el crecimiento de ingresos a través de aumentos de dividendos y apreciación de capital.
프랭클린 유니버설 트러스트 (FT)는 2024년 10월 배당금이 주당 $0.0425로 발표했으며, 이 중 61% ($0.0260)는 순투자 소득에서, 39% ($0.0165)는 자본 환급에서 비롯됐습니다. 이 펀드는 5년 기간 동안 연평균 총 수익률 5.64%를 보고하였고, 6.04%의 연율 배당률을 기록했습니다. FT는 수익과 실현된 자본 이익 이상을 분배했으며, 이로 인해 일부는 자본 환급으로 처리되었습니다. 이 펀드의 주요 목표는 자본을 보존하면서 높은 현재 소득을 제공하는 것이며, 배당금 상승과 자본 수익을 통한 소득 성장에도 중요한 초점을 두고 있습니다.
Franklin Universal Trust (FT) a annoncé sa distribution d'octobre 2024 de 0,0425 $ par action, comprenant 61 % (0,0260 $) de revenus nets d'investissement et 39 % (0,0165 $) comme retour de capital. Le Fonds rapporte un rendement total moyen annuel de 5,64 % sur une période de 5 ans et un taux de distribution annualisé de 6,04 %. FT note qu'il a distribué plus que ses revenus et les gains en capital réalisés, ce qui entraîne une partie en retour de capital. L'objectif principal du Fonds est de fournir un revenu courant élevé tout en préservant le capital, avec un accent secondaire sur la croissance des revenus par le biais d'augmentations de dividendes et d'appréciation du capital.
Franklin Universal Trust (FT) hat die Ausschüttung für Oktober 2024 von 0,0425 $ pro Aktie angekündigt, die sich aus 61% (0,0260 $) aus Nettoinvestitionserträgen und 39% (0,0165 $) als Kapitalrendite zusammensetzt. Der Fonds berichtet von einer durchschnittlichen jährlichen Gesamtrendite von 5,64% über einen Zeitraum von 5 Jahren und einem annualisierten Ausschüttungszinssatz von 6,04%. FT weist darauf hin, dass mehr verteilt wurde, als Erträge und realisierte Kapitalgewinne erzielt wurden, was zu einem Teil als Kapitalrendite geführt hat. Das Hauptziel des Fonds ist es, hohe aktuelle Erträge zu erzielen und gleichzeitig das Kapital zu bewahren, mit einem sekundären Fokus auf Einkommenswachstum durch Dividendensteigerungen und Kapitalwertsteigerung.
- 5.64% average annual total return over 5-year period
- 6.04% annualized distribution rate
- 3.57% cumulative total return for the fiscal period
- Fund is distributing more than its earned income and realized capital gains
- 39% of distribution represents return of capital rather than earned income
Insights
This distribution announcement reveals important insights about Franklin Universal Trust's financial health and investment strategy. The fund's
The fund's
Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940
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The Fund’s estimated sources of the distribution to be paid on October 31, 2024 and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for October Monthly Distribution as of September 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 September 30, 2024, for the fiscal year ending August 31, 2025:
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 9/30/2024)1 |
Annualized Distribution Rate (as a percentage of NAV for the current fiscal period through 9/30/2024)2 |
Cumulative Total Return (in relation to the change in NAV for the fiscal period through 9/30/2024)3 |
Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 9/30/2024)4 |
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Fund Performance and Distribution Rate Information:
1 |
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 September 30, 2024. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid. |
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The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV through September 30, 2024. |
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Cumulative Total Return is the percentage change in the Fund’s NAV from August 31, 2024 through September 30, 2024, assuming reinvestment of distributions paid. |
4 |
The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period August 31, 2024 through September 30, 2024, as a percentage of the Fund’s NAV as of September 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
FAQ
What is Franklin Universal Trust's (FT) October 2024 distribution amount?
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What is Franklin Universal Trust's (FT) 5-year average annual total return as of September 2024?
What percentage of FT's October 2024 distribution is return of capital?
