Franklin Universal Trust Reports Asset Allocation Thursday, August 28, 2008 6:46 PM
Symbols: BEN
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 July 31, 2008.
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 $570 billion in
assets under management as of July 31, 2008. For more information,
please call
1-800/DIAL BEN® or
visit franklintempleton.com.
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FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at July 31, 2008
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SECURITY
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MARKET
VALUE
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PERCENTAGE
OF FUND 1
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Corporate Bonds
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$156,483,215
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67.4%
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Convertible Bonds
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$0
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0.0%
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Utilities Common and Preferred Stocks
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$68,196,141
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29.4%
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Natural Resource Common Stocks
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$2,519,935
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1.1%
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Misc. Common & Preferred Stocks
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$1,151
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0.0%
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Foreign Denominated Corporate Bonds
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$0
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0.0%
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Foreign Gov't U.S. Dollar Denominated Bonds
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$0
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0.0%
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Foreign Government Agencies
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$105,496
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0.0%
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Cash & Other Net Assets
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$5,011,142
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2.2%
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Total Investments 1,2
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$232,317,080
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100.0%
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10 LARGEST HOLDINGS BY ISSUER
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MARKET
VALUE
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PERCENTAGE
OF FUND 1
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Exelon Corp.
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$7,862,000
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3.4%
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Southern Co.
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$5,485,450
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2.4%
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FPL Group Inc.
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$5,485,050
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2.4%
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Entergy Corp.
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$5,346,000
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2.3%
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Edison International
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$5,230,420
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2.3%
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FirstEnergy Corp.
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$5,148,500
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2.2%
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Constellation Energy Group
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$4,573,800
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2.0%
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Dominion Resources Inc.
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$4,418,000
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1.9%
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Public Service Enterprise Group Inc.
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$3,762,000
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1.6%
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Centerpoint Energy Inc.
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$3,573,482
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1.5%
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Total 2
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$50,884,702
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21.9%
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% OF GROSS ASSETS IN DEFAULT:
ISSUER
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MARKET
VALUE
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PERCENTAGE
OF FUND 1
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Atherton Franchise
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$7,216
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0.0%
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PSINet
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$395
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0.0%
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Total 2
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$7,611
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0.0%
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Note: The value of these defaulted securities is reflected in the
Fund's net asset value. Percentages are rounded to two decimal
places.
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Number of positions
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137
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NAV per share
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$ 7.06
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3
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Market price per share
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$ 6.30
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3
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Number of shares outstanding
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25,131,894
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Asset coverage (Investment Company Act)
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422.39%
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Total net assets
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$ 177,317,079
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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.
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2 Total figures may not represent exact sum
of items as a result of rounding.
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3 These figures are rounded to two
decimal places.
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Franklin Templeton Investments
Shareholders/Financial Advisors,
800-342-5236
Media, 650-312-2245
(Source: Business Wire )
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