Franklin Universal Trust Declares Monthly Distribution
May 19 2020 - 12:01PM
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 June 15, 2020, to
shareholders of record on May 29, 2020 (Ex-Dividend Date: May 28,
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, together with its subsidiaries,
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$599 billion in assets under management as of
April 30, 2020. For more information, please visit
franklintempleton.com.
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Franklin Templeton Shareholders/Financial Advisors: (800)
342-5236
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