Franklin Universal Trust Reports Asset Allocation

 | Source: Franklin Templeton Franklin Templeton

SAN MATEO, CA--(Marketwire - Nov 29, 2012) - Franklin Universal Trust (NYSE: FT), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE closing price as of October 31, 2012.

Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $753 billion in assets under management as of October 31, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

 
 
FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at October 31, 2012     
               
    MARKET       PERCENTAGE  
SECURITY   VALUE       OF FUND 1  
                   
High Yield & Investment Grade Corporate Bonds & Preferred Securities   $ 160,334,848         68.9 %
                   
Utilities - Common & Preferred Stocks   $ 69,958,479         30.0 %
                   
Other Investments   $ 1,124,287         0.5 %
                   
Cash & Other Net Assets   $ 1,424,000         0.6 %
                   
Total Investments 1,2   $ 232,841,614         100.0 %
                   
    MARKET         PERCENTAGE  
10 LARGEST HOLDINGS BY ISSUER   VALUE         OF FUND 1  
                   
Duke Energy Corp.   $ 6,077,639         2.6 %
Dominion Resources Inc.   $ 5,278,000         2.3 %
Southern Co.   $ 5,082,140         2.2 %
Pinnacle West Capital Corp.   $ 3,707,900         1.6 %
Centerpoint Energy Inc.   $ 3,679,566         1.6 %
Entergy Corp.   $ 3,629,000         1.6 %
Edison International   $ 3,520,500         1.5 %
Nextera Energy Inc.   $ 3,503,000         1.5 %
Sempra Energy   $ 3,487,500         1.5 %
American Electric Power Co. Inc.   $ 3,333,000         1.4 %
                   
Total 2   $ 41,298,245         17.7 %
                   
% OF GROSS ASSETS IN DEFAULT:   MARKET         PERCENTAGE  
ISSUER3   VALUE         OF FUND 1  
                   
Fontainebleau Las Vegas   $ 1,008         0.0 %
Newpage Corp.   $ 582,000         0.2 %
                   
Total 2   $ 583,008         0.3 %
Note: The value of these defaulted securities is reflected in the Fund's net asset value. Percentages are rounded.  
                   
                   
Number of positions           253      
NAV per share         $ 7.59   4  
Market price per share         $ 7.43   4  
Number of shares outstanding           25,131,894      
Total net assets         $ 190,841,615      
                   
1 Percentage of total investments of the Fund. Total investments of the Fund include long-term and short-term investments and other net assets, excluding long-term debt issued by the Fund. 
2 Total figures may not represent exact sum of items as a result of rounding.    
3 Includes issuers that have defaulted or have missed scheduled bond payments.    
4 These figures are rounded to two decimal places.      
 
 

Contact Information:

CONTACT:
Franklin Templeton Investments
Shareholders/Financial Advisors: (800) 342-5236

Related Links