Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution

Rhea-AI Summary

Franklin Universal Trust announces a monthly distribution of $0.0425 per share, payable on July 31, 2023.

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• Franklin Universal Trust will distribute $0.0425 per share to shareholders on July 31, 2023.

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• None.

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 July 31, 2023, to shareholders of record on July 20, 2023 (Ex-Dividend Date: July 19, 2023).

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. 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 specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 75 years of investment experience and approximately $1.4 trillion in assets under management as of May 31, 2023. For more information, please visit franklintempleton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230710107656/en/

Franklin Templeton

1-800-342-5236

Source: Franklin Templeton

FAQ

What is the monthly distribution amount announced by Franklin Universal Trust?

Franklin Universal Trust has announced a monthly distribution of $0.0425 per share.

When will the distribution be payable?

The distribution will be payable on July 31, 2023.

What is the primary investment objective of Franklin Universal Trust?

The primary investment objective of Franklin Universal Trust is to provide high, current income consistent with preservation of capital.

What are the secondary objectives of Franklin Universal Trust?

The secondary objectives of Franklin Universal Trust are growth of income through dividend increases and capital appreciation.

How can shareholders access further information on Franklin Universal Trust?

Shareholders can visit the company's website at www.franklintempleton.com for further information on Franklin Universal Trust.