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Franklin Universal Trust (“FT” or the “Fund”) Announces Portfolio Management Team Update

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Franklin Universal Trust [NYSE: FT] has announced an update to its Portfolio Management Team, effective September 30, 2024. The new team responsible for the day-to-day oversight of the Fund will consist of Glenn Voyles, Jon Belk, and Tricia O'Connor.

The Fund's shares are traded on the New York Stock Exchange and, like stocks, their prices fluctuate with market conditions. Investors should be aware that shares of closed-end funds often trade at a discount to their net asset value and can increase risk of loss.

Franklin Resources, Inc., the parent company, is a global investment management organization operating as Franklin Templeton. With over 75 years of investment experience, the company has more than 1,500 investment professionals, offices in major financial markets worldwide, and over $1.6 trillion in assets under management as of August 31, 2024.

Franklin Universal Trust [NYSE: FT] ha annunciato un aggiornamento del suo Team di Gestione del Portafoglio, con effetto dal 30 settembre 2024. Il nuovo team responsabile della supervisione quotidiana del Fondo sarà composto da Glenn Voyles, Jon Belk e Tricia O'Connor.

Le azioni del Fondo vengono scambiate alla Borsa di New York e, proprio come le azioni, i loro prezzi oscillano in base alle condizioni di mercato. Gli investitori dovrebbero essere consapevoli che le azioni dei fondi chiusi spesso vengono scambiate a un prezzo inferiore al loro valore patrimoniale netto, aumentando il rischio di perdita.

Franklin Resources, Inc., la società madre, è un'organizzazione globale di gestione degli investimenti che opera come Franklin Templeton. Con oltre 75 anni di esperienza negli investimenti, l'azienda conta più di 1.500 professionisti degli investimenti, uffici nei principali mercati finanziari a livello mondiale e oltre $1,6 trilioni in asset gestiti a partire dal 31 agosto 2024.

Franklin Universal Trust [NYSE: FT] ha anunciado una actualización de su Equipo de Gestión de Cartera, efectiva a partir del 30 de septiembre de 2024. El nuevo equipo responsable de la supervisión diaria del Fondo estará formado por Glenn Voyles, Jon Belk y Tricia O'Connor.

Las acciones del Fondo se negocian en la Bolsa de Nueva York y, al igual que las acciones, sus precios fluctúan con las condiciones del mercado. Los inversores deben ser conscientes de que las acciones de fondos cerrados a menudo se negocian a un descuento frente a su valor neto de activos, lo que puede aumentar el riesgo de pérdida.

Franklin Resources, Inc., la empresa matriz, es una organización global de gestión de inversiones que opera como Franklin Templeton. Con más de 75 años de experiencia en inversiones, la empresa cuenta con más de 1,500 profesionales de inversión, oficinas en los principales mercados financieros del mundo y más de $1.6 billones en activos bajo gestión hasta el 31 de agosto de 2024.

프랭클린 유니버설 트러스트 [NYSE: FT]는 포트폴리오 관리 팀에 대한 업데이트를 발표했으며, 이는 2024년 9월 30일 부터 유효합니다. 기금의 일상적인 감독을 맡게 될 새로운 팀은 글렌 보일스, 존 벨크, 그리고 트리샤 오코너로 구성됩니다.

기금의 주식은 뉴욕 증권 거래소에서 거래되며, 주식처럼 가격은 시장 상황에 따라 변동합니다. 투자자는 폐쇄형 펀드의 주식이 종종 순자산 가치보다 할인된 가격에 거래되며, 이는 손실 위험을 증가시킬 수 있음을 인식해야 합니다.

모회사인 프랭클린 리소스, Inc.는 프랭클린 템플턴으로 운영되는 글로벌 투자 관리 조직입니다. 75년 이상의 투자 경험을 가지고 있는 이 회사는 1,500명이 넘는 투자 전문가, 세계 주요 금융 시장에 있는 사무소, 그리고 2024년 8월 31일 현재 $1.6 조의 관리 자산을 보유하고 있습니다.

Franklin Universal Trust [NYSE: FT] a annoncé une mise à jour de son équipe de gestion de portefeuille, effective à partir du 30 septembre 2024. La nouvelle équipe responsable de la supervision quotidienne du fonds sera composée de Glenn Voyles, Jon Belk et Tricia O'Connor.

Les actions du fonds sont négociées à la Bourse de New York et, comme les actions, leurs prix fluctuent en fonction des conditions du marché. Les investisseurs doivent être conscients que les actions des fonds fermés se négocient souvent à un prix inférieur à leur valeur nette d'inventaire, ce qui peut augmenter le risque de perte.

Franklin Resources, Inc., la société mère, est une organisation mondiale de gestion d'investissements qui opère sous le nom de Franklin Templeton. Avec plus de 75 ans d'expérience en matière d'investissement, l'entreprise compte plus de 1 500 professionnels de l'investissement, des bureaux dans les principaux marchés financiers du monde et plus de $1,6 trillion d'actifs sous gestion au 31 août 2024.

Franklin Universal Trust [NYSE: FT] hat ein Update seines Portfoliomanagement-Teams angekündigt, das ab dem 30. September 2024 in Kraft tritt. Das neue Team, das für die tägliche Aufsicht des Fonds verantwortlich ist, wird aus Glenn Voyles, Jon Belk und Tricia O'Connor bestehen.

Die Anteile des Fonds werden an der New Yorker Börse gehandelt und unterliegen, ähnlich wie Aktien, den Preisschwankungen der Marktbedingungen. Investoren sollten sich bewusst sein, dass Anteile geschlossener Fonds häufig zu einem Abschlag auf ihren Nettoinventarwert gehandelt werden und das Risiko eines Verlustes erhöhen können.

Die Muttergesellschaft Franklin Resources, Inc. ist eine globale Investmentmanagement-Organisation, die als Franklin Templeton tätig ist. Mit über 75 Jahren Erfahrung im Investmentgeschäft beschäftigt das Unternehmen mehr als 1.500 Investmentprofis, hat Büros in den wichtigsten Finanzmärkten der Welt und verwaltet über $1,6 Billionen an verwalteten Vermögen Stand 31. August 2024.

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SAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Universal Trust [NYSE: FT] today announced a Portfolio Management Team update.

Effective September 30, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:

  • Glenn Voyles
  • Jon Belk
  • Tricia O’Connor

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.

The Fund’s shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss.

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 California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of August 31, 2024. For more information, please visit franklintempleton.com.

For more information, please contact Franklin Templeton at 1-800-342-5236.

Source: Franklin Universal Trust

FAQ

When will the new Portfolio Management Team for Franklin Universal Trust (FT) take effect?

The new Portfolio Management Team for Franklin Universal Trust (FT) will take effect on September 30, 2024.

Who are the new portfolio managers for Franklin Universal Trust (FT)?

The new portfolio managers for Franklin Universal Trust (FT) are Glenn Voyles, Jon Belk, and Tricia O'Connor.

What is the ticker symbol for Franklin Universal Trust on the NYSE?

The ticker symbol for Franklin Universal Trust on the NYSE is FT.

How much assets under management does Franklin Templeton have as of August 31, 2024?

Franklin Templeton has over $1.6 trillion in assets under management as of August 31, 2024.

What are the potential risks associated with investing in Franklin Universal Trust (FT)?

Investing in Franklin Universal Trust (FT) carries risks such as share price fluctuations, potential trading at a discount to net asset value, and the risk of loss, similar to investing in stocks.

Franklin Universal Trust Shares of Beneficial Interest

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