STOCK TITAN

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) announced its distribution sources for the monthly payment scheduled on November 30, 2022. The estimated distribution per share is $0.0425, with allocations including $0.0025 (6%) from net investment income, $0.0067 (16%) from short-term capital gains, and $0.0333 (78%) from return of capital. For fiscal year-to-date, total distributions reached $0.0850, with a cumulative total return of -5.86% related to NAV as of October 31, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
none
-
Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) has declared a monthly distribution of $0.0425 per share from net investment income, scheduled for payment on November 30, 2022. Shareholders of record on November 17, 2022 will receive this distribution, with the ex-dividend date on November 16, 2022. The Fund aims to provide high current income while preserving capital, with potential growth through future dividend increases. Distribution amounts may vary and are estimates for tax reporting purposes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
none
-
Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) announced its estimated sources of distribution for the monthly payment on October 31, 2022. Each share will receive $0.0425, derived entirely from net investment income. Year-to-date cumulative distributions remain at $0.0425 per share. The Fund aims to provide high current income with capital preservation, while the average annual total return over the past five years was 3.06%. Shareholders are advised that distribution amounts are estimates and subject to change.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
none
Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) announced a monthly distribution of $0.0425 per share, payable on October 31, 2022, for shareholders on record as of October 17, 2022. The Fund aims to provide high current income while preserving capital, with potential for growth through dividend increases and capital appreciation. Shareholders should not infer investment performance from the distribution amount, as actual distributions will depend on the Fund’s fiscal year investment performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.66%
Tags
none
-
Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) released information regarding its estimated sources of monthly distributions for September 30, 2022. The total distribution per share is estimated at $0.0425. This includes net investment income of $0.0405 (95%) and a return of capital of $0.0020 (5%). Year-to-date cumulative allocations show a distribution of $0.5492 per share, with a significant portion derived from net investment income (74%). The fund emphasizes that past distributions do not predict future results, and a portion may represent a return of capital.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
Tags
none
-
Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) announced a monthly distribution of $0.0425 per share from net investment income, payable on September 30, 2022. Shareholders of record on September 19, 2022 will receive this payment, with an Ex-Dividend Date of September 16, 2022. The Fund aims to provide high current income while preserving capital, and its distribution amounts may vary based on net investment income. The Fund's performance should not be inferred from current distribution amounts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
none
Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) announced the estimated sources of distributions for the month ending August 31, 2022. The August monthly distribution is $0.0425 per share, with net investment income contributing $0.0310 (73%) and a return of capital of $0.0115 (27%). For the fiscal year-to-date, the cumulative distribution is $0.5067 per share, primarily from net investment income (74%). Shareholders are advised that a portion of the distribution may consist of a return of capital, which does not reflect the fund’s investment performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
none
-
Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) has announced a monthly distribution of $0.0425 per share, payable on August 31, 2022, to shareholders of record on August 15, 2022 (Ex-Dividend Date: August 12, 2022). The Fund aims to provide high current income while preserving capital, alongside growth through income and capital appreciation. Distributions may fluctuate based on net investment income, and past distributions do not predict future performance. Shareholders will receive a Form 1099-DIV for tax reporting.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
none
-
Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) announced the estimated sources of distributions for the fiscal year 2022, specifically for the distribution payable on July 29, 2022. The estimated allocation per share includes a distribution of $0.0425, which is entirely from net investment income. Year-to-date, cumulative distributions per share total $0.4642, with significant contributions from net investment income and a return of capital. Shareholders are cautioned not to interpret these distributions as indicators of the Fund's investment performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
none
Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) announced a monthly distribution of $0.0425 per share, scheduled for July 29, 2022. Shareholders of record by July 18, 2022 will be eligible, with an ex-dividend date of July 15, 2022. The primary goal of the Fund is to provide high income while preserving capital, with a focus on growth through dividend increases. Distributions may change based on net investment income, and past distributions do not predict future performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
none

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
Link
United States of America
San Mateo