Franklin Universal Trust (“FT” or the “Fund”) Announces Notification of Sources of Distributions
November 12 2021 - 02:00PM
Business Wire
Franklin Universal Trust [NYSE: FT]:
Notification of Sources of
Distributions
Pursuant to Section 19(a) of the
Investment Company Act of 1940
The Fund’s estimated sources of the distribution to be paid on
November 15, 2021 and for the fiscal year 2022 year-to-date are as
follows:
Estimated Allocations for Monthly Distribution as of October 31,
2021:
Distribution
Per Share
Net Investment
Income
Net Realized
Short-Term Capital
Gains
Net Realized
Long-Term Capital Gains
Return of Capital
$0.0425
$0.0402 (95%)
$0.0023 (5%)
$0.00 (0%)
$0.0000 (0%)
Cumulative Estimated Allocations fiscal year-to-date through
September 30, 2021, for the fiscal year ending August 31, 2022:
Distribution
Per Share
Net Investment
Income
Net Realized
Short-Term Capital
Gains
Net Realized
Long-Term Capital
Gains
Return of Capital
$0.0425
$0.0425 (100%)
$0.0000 (0%)
$0.00 (0%)
$0.0000 (0%)
Shareholders should not draw any conclusions about the Fund’s
investment performance from the amount of the current distribution
or from the terms of the Fund’s Distribution Policy. The amounts
and sources of distributions reported herein are only estimates and
are not being provided for tax reporting purposes. The actual
amounts and sources of the amounts for tax reporting purposes will
depend upon the Fund’s investment experience during the remainder
of its fiscal year and may be subject to changes based on tax
regulations. The Fund will send a Form 1099-DIV to shareholders for
the calendar year that will describe how to report the Fund’s
distributions for federal income tax purposes.
Average Annual Total Return (in
relation to the change in net asset value (NAV) for the 5-year
period ended on 9/30/2021)1
Annualized Distribution Rate (as
a percentage of NAV for the current fiscal period through
9/30/2021)2
Cumulative Total Return (in
relation to the change in NAV for the fiscal period through
9/30/2021)3
Cumulative Fiscal Year-To-Date
Distribution Rate (as a percentage of NAV as of 9/30/2021)4
7.39%
5.88%
5.50%
0.49%
Fund Performance and Distribution Rate Information:
- Average Annual Total Return in relation to NAV represents
the compound average of the Annual NAV Total Returns of the Fund
for the five-year period ended through September 30, 2021. Annual
NAV Total Return is the percentage change in the Fund’s NAV over a
year, assuming reinvestment of distributions paid.
- The Annualized Distribution Rate is the current fiscal
period’s distribution rate annualized as a percentage of the Fund’s
NAV through September 30, 2021.
- Cumulative Total Return is the percentage change in the
Fund’s NAV from August 31, 2021 through September 30, 2021,
assuming reinvestment of distributions paid.
- The Cumulative Fiscal Year-To-Date Distribution Rate is the
dollar value of distributions for the fiscal period August 31, 2021
through September 30, 2021, as a percentage of the Fund’s NAV as of
September 30, 2021.
The Fund’s primary investment objective is to provide high,
current income consistent with preservation of capital. Its
secondary objective is growth of income through dividend increases
and capital appreciation. Distributions may vary based on the
Fund’s net investment income. Past distributions are not indicative
of future trends.
For further information on Franklin
Universal Trust, please visit our web site at:
www.franklintempleton.com
Franklin Resources, Inc. [NYSE:BEN] is a global investment
management organization with subsidiaries operating as Franklin
Templeton and serving clients in over 165 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 brings extensive capabilities in equity, fixed income,
multi-asset solutions and alternatives. With offices in more than
30 countries and approximately 1,300 investment professionals, the
California-based company has over 70 years of investment experience
and over $1.5 trillion in assets under management as of October 31,
2021. For more information, please visit franklintempleton.com.
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Franklin Templeton at 1-800-342-5236.
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