Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution
September 09 2024 - 11:46AM
Business Wire
Franklin Universal Trust [NYSE: FT] today announced a
monthly distribution from net investment income of $0.0425 per
share, payable on September 30, 2024, to shareholders of record on
September 19, 2024 (Ex-Dividend Date: September 19, 2024).
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.
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.
For further information on Franklin
Universal Trust, please visit our web site at:
www.franklintempleton.com
Franklin Resources, Inc. is a global investment management
organization with subsidiaries operating as Franklin Templeton and
serving clients in over 150 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 offers
specialization on a global scale, bringing extensive capabilities
in fixed income, equity, alternatives and multi-asset solutions.
With more than 1,500 investment professionals, and offices in major
financial markets around the world, the California-based company
has over 75 years of investment experience and over $1.6 trillion
in assets under management as of July 31, 2024. For more
information, please visit franklintempleton.com.
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