Franklin Universal Trust (“FT” or the “Fund”) Announces Notification of Sources of Distributions
Franklin Universal Trust (NYSE: FT) has announced its November 2024 distribution of $0.0425 per share, comprising 42% from net investment income and 58% from return of capital. For the fiscal year-to-date, the Fund has distributed $0.0850 per share, with 52% from net investment income and 48% from return of capital. The Fund reports a 5.46% average annual total return for the 5-year period ended October 31, 2024, with an annualized distribution rate of 6.14%. 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 (NYSE: FT) ha annunciato la distribuzione di novembre 2024 di $0.0425 per azione, che comprende il 42% da reddito da investimenti netti e il 58% da ritorno di capitale. Fino ad oggi, nel corso dell'anno fiscale, il Fondo ha distribuito $0.0850 per azione, con il 52% da reddito da investimenti netti e il 48% da ritorno di capitale. Il Fondo riporta un ritorno totale medio annuale del 5,46% per il periodo di 5 anni conclusosi il 31 ottobre 2024, con un tasso di distribuzione annualizzato del 6,14%. L'obiettivo primario del Fondo è fornire un elevato reddito corrente preservando il capitale, con un focus secondario sulla crescita dei redditi attraverso aumenti dei dividendi e l'apprezzamento del capitale.
Franklin Universal Trust (NYSE: FT) ha anunciado su distribución de noviembre de 2024 de $0.0425 por acción, que comprende el 42% de ingresos netos por inversiones y el 58% de retorno de capital. En lo que va del año fiscal, el Fondo ha distribuido $0.0850 por acción, con un 52% de ingresos netos por inversiones y un 48% de retorno de capital. El Fondo reporta un retorno total promedio anual del 5.46% para el período de 5 años que terminó el 31 de octubre de 2024, con una tasa de distribución anualizada del 6.14%. El objetivo principal del Fondo es proporcionar altos ingresos actuales mientras preserva el capital, con un enfoque secundario en el crecimiento de ingresos a través del aumento de dividendos y la apreciación del capital.
프랭클린 유니버설 트러스트 (NYSE: FT)는 2024년 11월 주당 $0.0425 배당금을 발표했습니다. 이는 42%가 순 투자 수익에서, 58%가 자본 반환에서 기인합니다. 회계 연도까지 이 펀드는 주당 $0.0850을 분배했으며, 그 중 52%는 순 투자 수익, 48%는 자본 반환에서 나왔습니다. 펀드는 2024년 10월 31일 기준으로 5년 동안의 평균 연환산 총 수익률이 5.46%입니다. 펀드의 주요 목표는 자본을 보존하면서 높은 현재 수입을 제공하는 것이며, 배당금 증가와 자본 증가를 통한 수입 성장에도 중점을 둡니다.
Franklin Universal Trust (NYSE: FT) a annoncé sa distribution de novembre 2024 de 0,0425 $ par action, se composant de 42 % de revenus d'investissement nets et de 58 % de retour de capital. Pour l'année fiscale à ce jour, le Fonds a distribué 0,0850 $ par action, avec 52 % provenant des revenus d'investissement nets et 48 % du retour de capital. Le Fonds rapporte un rendement total annuel moyen de 5,46 % pour la période de 5 ans se terminant le 31 octobre 2024, avec un taux de distribution annualisé de 6,14 %. 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 (NYSE: FT) hat seine Ausschüttung für November 2024 in Höhe von $0.0425 pro Aktie bekannt gegeben, die zu 42% aus Nettoanlageerträgen und zu 58% aus Kapitalrückgaben besteht. Im laufenden Geschäftsjahr hat der Fonds bis heute $0.0850 pro Aktie ausgezahlt, wobei 52% aus Nettoanlageerträgen und 48% aus Kapitalrückgaben stammen. Der Fonds berichtet von einer durchschnittlichen jährlichen Gesamtrendite von 5,46% für den 5-Jahres-Zeitraum, der am 31. Oktober 2024 endete, mit einer annualisierten Ausschüttungsquote von 6,14%. Das Hauptziel des Fonds ist es, hohe aktuelle Einnahmen zu erzielen und gleichzeitig das Kapital zu bewahren, wobei der sekundäre Fokus auf dem Einkommenswachstum durch Dividendensteigerungen und Kapitalwertsteigerungen liegt.
- 5.46% average annual total return over 5-year period
- 6.14% annualized distribution rate
- 2.25% cumulative total return for current fiscal period
- 58% of current distribution represents return of capital
- Fund has distributed more than its income and realized capital gains
- No realized short-term or long-term capital gains in distributions
Insights
This distribution notice reveals important insights about Franklin Universal Trust's financial health. The fund's
The fund's
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 November 29, 2024 and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for November Monthly Distribution as of October 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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Cumulative Estimated Allocations fiscal year-to-date as of October 31, 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 10/31/2024)1 |
Annualized Distribution Rate (as a percentage of NAV for the current fiscal period through 10/31/2024)2 |
Cumulative Total Return (in relation to the change in NAV for the fiscal period through 10/31/2024)3 |
Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 10/31/2024)4 |
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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 October 31, 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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2 |
The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV through October 31, 2024. |
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3 |
Cumulative Total Return is the percentage change in the Fund’s NAV from August 31, 2024 through October 31, 2024, assuming reinvestment of distributions paid. |
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4 |
The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period August 31, 2024 through October 31, 2024, as a percentage of the Fund’s NAV as of October 31, 2024. |
Fund Performance and Distribution Rate Information: 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
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How much of FT's November 2024 distribution comes from return of capital?
What is Franklin Universal Trust's (FT) current annualized distribution rate?
