Franklin Universal Trust (“FT” or the “Fund”) Announces Notification of Sources of Distributions
Franklin Universal Trust [NYSE: FT] has announced its distribution sources for August 2024 and the fiscal year-to-date. The Fund's August distribution of $0.0425 per share comprises 37% from net investment income, 1% from net realized short-term capital gains, and 62% as return of capital. For the fiscal year-to-date, the $0.4675 per share distribution includes 55% from net investment income, 18% from net realized short-term capital gains, and 27% as return of capital.
The Fund's performance metrics show an average annual total return of 5.15% over the past 5 years, an annualized distribution rate of 6.37%, and a cumulative total return of 15.82% for the current fiscal period. FT's primary objective is to provide high current income while preserving capital, with a secondary aim of income growth through dividend increases and capital appreciation.
Franklin Universal Trust [NYSE: FT] ha annunciato le sue fonti di distribuzione per agosto 2024 e per l'anno fiscale fino ad oggi. La distribuzione di agosto del Fondo di $0.0425 per azione è composta per il 37% da reddito netto da investimenti, per l'1% da guadagni in conto capitale a breve termine e per il 62% come restituzione di capitale. Per l'anno fiscale fino ad oggi, la distribuzione di $0.4675 per azione include il 55% da reddito netto da investimenti, il 18% da guadagni in conto capitale realizzati a breve termine e il 27% come restituzione di capitale.
I parametri di performance del Fondo mostrano un rendimento totale annuale medio del 5,15% negli ultimi 5 anni, un tasso di distribuzione annualizzato del 6,37% e un rendimento totale cumulativo del 15,82% per il periodo fiscale attuale. L'obiettivo principale di FT è fornire un alto reddito attuale preservando il capitale, con un obiettivo secondario di crescita del reddito attraverso aumenti dei dividendi e apprezzamento del capitale.
Franklin Universal Trust [NYSE: FT] ha anunciado sus fuentes de distribución para agosto de 2024 y para el año fiscal hasta la fecha. La distribución de agosto del Fondo de $0.0425 por acción se compone en un 37% de ingresos netos de inversión, un 1% de ganancias de capital a corto plazo realizadas y un 62% como retorno de capital. Para el año fiscal hasta la fecha, la distribución de $0.4675 por acción incluye un 55% de ingresos netos de inversión, un 18% de ganancias de capital a corto plazo realizadas y un 27% como retorno de capital.
Las métricas de rendimiento del Fondo muestran un rendimiento total anual promedio del 5.15% en los últimos 5 años, una tasa de distribución anualizada del 6.37% y un rendimiento total acumulado del 15.82% para el período fiscal actual. El objetivo principal de FT es proporcionar altos ingresos actuales mientras preserva el capital, con un objetivo secundario de crecimiento de ingresos a través de aumentos de dividendos y apreciación del capital.
프랭클린 유니버설 트러스트 [NYSE: FT]가 2024년 8월과 회계 연도 시작 이후의 배급원을 발표했습니다. 펀드의 8월 배급금은 주당 $0.0425로, 그 중 37%는 순 투자 소득에서, 1%는 단기 실현 자본 이익에서, 62%는 자본 반환으로 구성되어 있습니다. 회계 연도 시작 이후, 주당 $0.4675의 배급금은 55%가 순 투자 소득에서, 18%가 단기 실현 자본 이익에서, 27%가 자본 반환으로 포함됩니다.
펀드의 성과 지표는 지난 5년 동안 연평균 총 수익률 5.15%를 기록했으며, 연간 배급률 6.37%와 현재 회계기간의 누적 총 수익률 15.82%를 보여줍니다. FT의 주요 목표는 자본을 보존하면서 높은 현재 소득을 제공하는 것이며, 두 번째 목표는 배당금 인상과 자본 증가를 통한 소득 성장입니다.
Franklin Universal Trust [NYSE: FT] a annoncé ses sources de distribution pour août 2024 et pour l'année fiscale à ce jour. La distribution d'août du fonds de $0.0425 par action se compose de 37% de revenus nets d'investissement, de 1% de gains en capital à court terme réalisés et de 62% comme retour de capital. Pour l'année fiscale à ce jour, la distribution de $0.4675 par action comprend 55% de revenus nets d'investissement, 18% de gains en capital à court terme réalisés et 27% comme retour de capital.
Les indicateurs de performance du fonds montrent un rendement total annuel moyen de 5,15% au cours des 5 dernières années, un taux de distribution annualisé de 6,37% et un rendement total cumulé de 15,82% pour la période fiscale en cours. L'objectif principal de FT est de fournir des revenus élevés tout en préservant le capital, avec un objectif secondaire de croissance des revenus par le biais d'augmentations de dividendes et d'appréciation du capital.
Franklin Universal Trust [NYSE: FT] hat seine Verteilungsquellen für August 2024 und das laufende Geschäftsjahr bekannt gegeben. Die Ausschüttung des Fonds im August beträgt $0.0425 pro Aktie und setzt sich zu 37% aus Nettozinseinkünften, zu 1% aus realisierten kurzfristigen Kapitalgewinnen und zu 62% aus Rückzahlung von Kapital zusammen. Für das laufende Geschäftsjahr beträgt die Ausschüttung $0.4675 pro Aktie, wobei 55% aus Nettozinseinkünften, 18% aus realisierten kurzfristigen Kapitalgewinnen und 27% aus Rückzahlung von Kapital stammen.
Die Leistungskennzahlen des Fonds zeigen eine durschnittliche jährliche Gesamtrendite von 5,15% über die letzten 5 Jahre, eine annualisierte Ausschüttungsquote von 6,37% und eine kumulative Gesamtrendite von 15,82% für den aktuellen Geschäftsjahrzeitraum. Das Hauptziel von FT ist es, hohe aktuelle Einkommen zu erzielen, während das Kapital erhalten bleibt, mit dem sekundären Ziel, das Einkommen durch Dividendenerhöhungen und Kapitalwertzuwachs zu steigern.
- Distribution of $0.0425 per share for August 2024
- 55% of fiscal year-to-date distribution from net investment income
- Average annual total return of 5.15% over 5 years
- Cumulative total return of 15.82% for the current fiscal period
- Annualized distribution rate of 6.37%
- 62% of August distribution classified as return of capital
- 27% of fiscal year-to-date distribution classified as return of capital
- Fund estimates it has distributed more than its income and net realized capital gains
Insights
This distribution announcement from Franklin Universal Trust (FT) provides key insights for investors. The fund's estimated distribution of
The fund's 5-year average annual total return of
The cumulative total return of
The tax implications of FT's distribution are significant. With
Year-to-date,
Investors should be aware that the Form 1099-DIV at year-end will provide the final tax characterization, which may differ from these estimates. Given the complex tax nature of these distributions, particularly with the high return of capital component, consulting a tax professional is advisable for FT shareholders.
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 August 30, 2024 and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for August Monthly Distribution as of July 31, 2024:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized
Long-Term Capital
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Return of
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Cumulative Estimated Allocations fiscal year-to-date as of July 31, 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
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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 7/31/2024)1 |
Annualized Distribution Rate (as a percentage of NAV for the current fiscal period through 7/31/2024)2 |
Cumulative Total Return (in relation to the change in NAV for the fiscal period through 7/31/2024)3 |
Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 7/31/2024)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 July 31, 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 July 31, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from August 31, 2023 through July 31, 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 July 31, 2024, as a percentage of the Fund’s NAV as of July 31, 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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Franklin Templeton
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Source: Franklin Templeton
FAQ
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