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Franklin Universal Trust Shares of Beneficial Interest - FT STOCK NEWS

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
Rhea-AI Summary
Franklin Universal Trust [NYSE: FT] estimates a distribution of $0.0425 per share for September with 78% net investment income, 0% short-term capital gains, and 22% return of capital. For the fiscal year-to-date, the estimated distribution is $0.5712 per share with 53% net investment income, 8% short-term capital gains, and 39% return of capital. Shareholders should not judge investment performance based on distributions. The Fund's average annual total return for the 5-year period is 4.08%, and the annualized distribution rate is 6.93%. The cumulative total return for the fiscal year-to-date is -1.81%, and the cumulative distribution rate is 7.76%. Franklin Templeton has over $1.4 trillion in assets under management.
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Franklin Universal Trust announces a monthly distribution of $0.0425 per share, payable on September 29, 2023.
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Franklin Universal Trust [NYSE: FT] announces estimated sources of distribution for August and fiscal year 2023. Distribution per share is $0.0425 for August and $0.5287 year-to-date. Net investment income is $0.0225 (53%) for August and $0.2664 (50%) year-to-date. Shareholders should not draw conclusions about investment performance from distribution amount. The Fund's primary objective is high current income with capital preservation.
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Franklin Universal Trust (FT) announces a monthly distribution of $0.0425 per share from net investment income, payable on August 31, 2023. The fund aims to provide high, current income while preserving capital, with a secondary objective of income growth through dividend increases and capital appreciation.
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Franklin Universal Trust [NYSE: FT] has released its estimated sources of distribution for July 31, 2023, and the fiscal year 2023 year-to-date. The estimated allocations for the July monthly distribution show a distribution per share of $0.0425, with net investment income accounting for 52%, and return of capital accounting for 48%. For the fiscal year-to-date, the cumulative estimated allocations show a distribution per share of $0.4862, with net investment income accounting for 50% and return of capital accounting for 41%. Shareholders should not draw conclusions about the Fund's investment performance from the current distribution amount. FT estimates that it has distributed more than its income and net realized capital gains, so a portion of the distribution may be a return of capital. The actual amounts and sources of distributions for tax reporting purposes will depend on the Fund's investment experience for the rest of the fiscal year.
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Franklin Universal Trust announces a monthly distribution of $0.0425 per share, payable on July 31, 2023.
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FAQ

What is the current stock price of Franklin Universal Trust Shares of Beneficial Interest (FT)?

The current stock price of Franklin Universal Trust Shares of Beneficial Interest (FT) is $7.26 as of December 20, 2024.

What is the market cap of Franklin Universal Trust Shares of Beneficial Interest (FT)?

The market cap of Franklin Universal Trust Shares of Beneficial Interest (FT) is approximately 180.5M.

What is Franklin Universal Trust?

Franklin Universal Trust is a closed-end management investment company focusing on high current income and income growth through dividends and capital appreciation.

What are the primary investment objectives of Franklin Universal Trust?

The primary objective is to provide high current income while preserving capital. The secondary objective is to achieve income growth through potential dividend increases and capital appreciation.

What types of assets does Franklin Universal Trust invest in?

The fund invests in high-yield bonds and utility stocks, aiming to balance risk and deliver consistent returns.

Who manages Franklin Universal Trust?

The fund is managed by a team of experienced professionals under Franklin Templeton Investments.

How does Franklin Universal Trust deliver on its objectives?

The fund employs strategic asset allocation, rigorous credit analysis, and effective risk management to meet its investment objectives.

What recent strategies has Franklin Universal Trust implemented?

Recently, the fund has been focusing on enhancing its portfolio through selective investments in high-potential sectors, adapting to market trends and economic indicators.

What benefits does Franklin Universal Trust gain from being part of Franklin Templeton Investments?

Being part of Franklin Templeton Investments provides access to extensive research capabilities, a strong network, and industry insights, which support the fund's investment strategies.

What kind of investors is Franklin Universal Trust suitable for?

Franklin Universal Trust is suitable for investors looking for high current income and potential income growth through a balanced and diversified portfolio.

Where can I find more information about Franklin Universal Trust?

For more information, investors should consult with their investment adviser or contact their local Franklin Templeton office.

What risks are involved with investing in Franklin Universal Trust?

All investments, including those in Franklin Universal Trust, involve risks, including the potential loss of principal. It is important to consider these risks before investing.

Franklin Universal Trust Shares of Beneficial Interest

NYSE:FT

FT Rankings

FT Stock Data

180.55M
25.13M
18.89%
0.17%
Asset Management
Financial Services
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United States of America
San Mateo