Franklin Universal Trust Announces total Distribution, Payable on December 30, 2022
December 07, 2022 at 02:01 pm EST
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Franklin Universal Trust announced a total distribution of $0.1037 comprised of net investment income of $0.0425 per share, short-term capital gains of $0.0000 per share and long-term capital gains of $0.0612 per share, payable on December 30, 2022, to shareholders of record on December 19, 2022 (Ex-Dividend Date: December 16, 2022).
Franklin Universal Trust (Fund) is a closed-end management investment company. The Fund's primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth in income through dividend increases and capital appreciation. It invests primarily in two asset classes: high yield bonds and utility stocks. Within the high yield portion of the portfolio, it uses fundamental research to invest in a diversified portfolio of bonds. Within the utility portion of the portfolio, it focuses on companies with attractive dividend yields and with a history of increasing their dividends. The Fund invests in various industrial sectors, such as Electric Utilities, independent power and renewable electricity producers, metals and mining, multi utilities, oil, gas and consumable fuels, auto components, beverages, biotechnology, building products, communications equipment, and others. Franklin Advisers, Inc. is its investment manager.
FRANKLIN UNIVERSAL TRUST 
