Franklin Universal Trust Declares Monthly Distribution
March 20 2020 - 11:59AM
Business Wire
Franklin Universal Trust [NYSE:FT], a closed-end investment
company managed by Franklin Advisers, Inc., announced today a
distribution of $0.0320 per share, payable April 15, 2020, to
shareholders of record on March 31, 2020 (Ex-Dividend Date: March
30, 2020).
Distributions may vary based on the Fund’s net investment
income. Past distributions are not indicative of future trends.
You may request a copy of the Fund's current Report to
Shareholders by contacting Franklin Templeton’s Fund Information
Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting
franklintempleton.com. All investments involve risks, including
possible loss of principal. Bond prices generally move in the
opposite direction of interest rates. As the prices of bonds in a
fund adjust to a rise in interest rates, the fund’s share price may
decline. Investments in lower-rated bonds include higher risk of
default and loss of principal. Stock prices fluctuate, sometimes
rapidly and dramatically, due to factors affecting individual
companies, particular industries or sectors, or general market
conditions. In addition to other factors, securities issued by
utility companies have historically been sensitive to interest rate
changes. When interest rates fall, utility securities prices, and
thus a utilities fund’s share price, tend to rise; when interest
rates rise, their prices generally fall. The Fund is actively
managed but there is no guarantee that the manager’s investment
decisions will produce the desired results. For portfolio
management discussions, including information regarding the Fund’s
investment strategies, please view the most recent Annual or
Semi-Annual Report to Shareholders which can be found at
franklintempleton.com or sec.gov.
Franklin Resources, Inc. [NYSE:BEN] is a global investment
management organization operating as Franklin Templeton. Franklin
Templeton’s goal is to deliver better outcomes by providing global
and domestic investment management to retail, institutional and
sovereign wealth clients in over 170 countries. Through specialized
teams, the Company has expertise across all asset classes,
including equity, fixed income, alternatives and custom multi-asset
solutions. The Company’s more than 600 investment professionals are
supported by its integrated, worldwide team of risk management
professionals and global trading desk network. With employees in
over 30 countries, the California-based company has more than 70
years of investment experience and over US$656 billion in assets
under management as of February 29, 2020. For more information,
please visit franklintempleton.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200320005429/en/
Franklin Templeton Shareholders/Financial Advisors: (800)
342-5236
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