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 November 30, 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 $404 billion in
assets under management as of November 30, 2008. For more information,
please call 1-800/DIAL BEN® or visit franklintempleton.com.
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FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at November 30, 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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$101,685,355
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67.9%
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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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$42,705,705
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28.5%
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Natural Resource Common Stocks
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$650,022
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0.4%
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Misc. Common & Preferred Stocks
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$329
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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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$77,095
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0.1%
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Cash & Other Net Assets
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$4,559,137
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3.0%
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Total Investments 1,2
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$149,677,643
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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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Entergy Corp.
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$4,255,000
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2.8%
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Exelon Corp.
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$3,934,700
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2.6%
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Edison International
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$3,840,700
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2.6%
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Dominion Resources Inc.
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$3,682,000
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2.5%
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FPL Group Inc.
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$3,657,000
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2.4%
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Centerpoint Energy Inc.
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$2,929,938
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2.0%
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FirstEnergy Corp.
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$2,929,000
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2.0%
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Southern Co.
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$2,905,600
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1.9%
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Ford Motor Credit Co. LLC
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$2,273,839
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1.5%
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Sempra Energy
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$2,263,495
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1.5%
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Total 2
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$32,671,272
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21.8%
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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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Total 2
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$7,216
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0.0%
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Note: The value of these defaulted securities is reflected in the
Fund's net asset value. Percentages are rounded to two decimal
places.
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Number of positions
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128
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NAV per share
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$ 4.28
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3
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Market price per share
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$ 3.37
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3
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Number of shares outstanding
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25,131,893.784
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Asset coverage (Investment Company Act)
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356.38%
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Total net assets
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$ 107,677,643
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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
Media, 650-312-2245
Shareholders/Financial
Advisors, 800-342-5236
