Welcome to our dedicated page for Franklin Universal Trust Shares of Beneficial Interest news (Ticker: FT), a resource for investors and traders seeking the latest updates and insights on Franklin Universal Trust Shares of Beneficial Interest stock.
Franklin Universal Trust Shares of Beneficial Interest (symbol: FT) is a closed-end management investment company operating under the umbrella of Franklin Resources, Inc., globally known as Franklin Templeton Investments. The primary objective of this fund is to provide high current income while ensuring the preservation of capital. In addition to this, it aims for the growth of income through potential dividend increases and capital appreciation, making it a robust choice for investors looking for both stability and growth.
FT leverages a diversified portfolio strategy by investing in two main asset classes: high-yield bonds and utility stocks. This dual investment approach helps in balancing risk while aiming to deliver consistent returns. High-yield bonds offer the potential for higher income, while utility stocks are known for their stable and reliable dividends. This mix allows Franklin Universal Trust to cater to investors with varying risk appetites and income needs.
Over the years, Franklin Universal Trust has achieved a reputation for its disciplined investment approach and robust performance. It continues to focus on strategic asset allocation, rigorous credit analysis, and effective risk management to meet its objectives. The fund is managed by experienced professionals who bring a wealth of knowledge and expertise to the table, ensuring that each investment decision aligns with the fund's goals.
Recently, Franklin Universal Trust has been focusing on enhancing its portfolio through selective investments in high-potential sectors. By keeping a close eye on market trends and economic indicators, the fund aims to capitalize on emerging opportunities while mitigating potential risks. This proactive approach helps in maintaining a balanced and dynamic portfolio that can adapt to changing market conditions.
As part of Franklin Templeton Investments, Franklin Universal Trust benefits from the vast resources and global reach of its parent company. Franklin Templeton's extensive research capabilities, combined with its strong network and industry insights, provide a solid foundation for the fund's investment strategies. This synergy ensures that Franklin Universal Trust remains well-positioned to deliver on its commitment to investors, providing reliable income and potential for growth.
Key Highlights:
- Primary objective: High current income
- Secondary objective: Income growth through dividends and capital appreciation
- Investment Strategy: Diversified portfolio of high-yield bonds and utility stocks
- Management: Experienced professionals with a disciplined investment approach
- Affiliation: Part of Franklin Templeton Investments, leveraging global resources and expertise
Franklin Universal Trust (NYSE: FT) has announced the sources of its June 28, 2024, distribution, noting that the distribution per share is $0.0425. This comprises 78% net investment income ($0.0332 per share) and 22% net realized short-term capital gains ($0.0093 per share). Year-to-date, as of May 31, 2024, the distribution per share totals $0.3825, with allocations of 58% net investment income, 20% net realized short-term capital gains, and 22% return of capital.
FT highlights that a portion of the distributions may be a return of capital, which should not be confused with yield or income. The actual tax amounts will be detailed in Form 1099-DIV. The Fund's 5-year average annual total return is 5.27%, the annualized distribution rate is 6.48%, and the cumulative total return is 6.15%. The primary investment objective is high current income with capital preservation, and the secondary objective is income growth through dividend increases and capital appreciation.
Franklin Universal Trust [NYSE: FT] has announced a monthly distribution of $0.0425 per share from net investment income, payable on June 28, 2024, to shareholders of record on June 18, 2024. The primary objective of the Fund is to provide high, current income while preserving capital, and the secondary objective is income growth via dividend increases and capital appreciation. Distributions may vary based on the Fund's net investment income. Shareholders should not infer the Fund’s performance from the distribution amount or policy. The distribution's sources are estimates and not for tax reporting purposes. Form 1099-DIV will be sent to shareholders for tax reporting. Franklin Templeton, managing over $1.6 trillion in assets as of April 30, 2024, operates globally with a mission to deliver superior investment management and wealth management solutions.
Franklin Universal Trust (FT) has announced the estimated sources of its distributions for May and the fiscal year-to-date 2024. As of April 30, 2024, the monthly distribution per share is $0.0425, with 49% from net investment income and 51% from net realized short-term capital gains. Cumulative year-to-date, the distribution per share is $0.3400, comprised of 55% net investment income, 20% net realized short-term capital gains, and 25% return of capital. FT emphasizes the distribution may include a return of capital, which doesn't necessarily reflect investment performance. Performance metrics as of April 30, 2024, include a 4.02% five-year average annual total return, a 6.72% annualized distribution rate, a 7.99% cumulative total return, and a 4.48% cumulative fiscal year-to-date distribution rate. The fund's primary goal is high, current income with capital preservation, and its secondary goal is income growth through dividends and capital appreciation. Franklin Templeton, the managing organization, oversees over $1.6 trillion in assets globally as of April 30, 2024.
Franklin Universal Trust announced a monthly distribution of $0.0425 per share, payable on May 31, 2024, to shareholders of record on May 17, 2024. The Fund aims to provide high, current income while preserving capital and seeks income growth through dividend increases and capital appreciation. Shareholders should not infer investment performance from distributions, as they may vary. The Fund will send a Form 1099-DIV for tax reporting purposes.
Franklin Universal Trust (FT) announced the sources of distributions for the upcoming period and fiscal year, highlighting estimated allocations and distribution breakdown. Shareholders are cautioned not to infer investment performance solely from distributions. The company has distributed more than its income and capital gains, potentially returning capital to shareholders. The PR also includes information on distribution sources, tax implications, and performance metrics.
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