logo
  Join        Login             Stock Quote

Franklin Universal Trust Reports Asset Allocation

Wednesday, March 6, 2013 11:00 AM


http://media.marketwire.com/attachments/201102/19780_franklinLOGO.jpghttp://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=993608&ProfileId=051205&sourceType=1

SAN MATEO, CA -- (Marketwire) -- 03/06/13 -- 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 January 31, 2013.

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, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 investment teams. The San Mateo, CA-based company has more than 65 years of investment experience and over $809 billion in assets under management as of January 31, 2013. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at January 31, 2013
===========================================================================
                                     MARKET                     PERCENTAGE
SECURITY                             VALUE                      OF FUND (1)
                                    -------------               -----------
High Yield & Investment Grade
 Corporate Bonds & Preferred
 Securities                         $ 160,896,505                      68.3%
Utilities - Common & Preferred
 Stocks                             $  69,335,170                      29.4%
Other Investments                   $   1,611,814                       0.7%
Cash & Other Net Assets             $   3,784,235                       1.6%
                                    -------------               -----------
Total Investments (1,2)             $ 235,627,724                     100.0%
                                    ============= ============= ===========
                                     MARKET                     PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER        VALUE                      OF FUND (1)
                                    -------------               -----------
Duke Energy Corp.                   $   6,359,825                       2.7%
Dominion Resources Inc.             $   5,411,000                       2.3%
Southern Co.                        $   4,798,955                       2.0%
Sempra Energy                       $   3,752,500                       1.6%
Pinnacle West Capital Corp.         $   3,736,600                       1.6%
Edison International                $   3,614,250                       1.5%
Nextera Energy Inc.                 $   3,602,500                       1.5%
Centerpoint Energy Inc.             $   3,470,712                       1.5%
American Electric Power Co. Inc.    $   3,396,750                       1.4%
Alliant Energy Corp.                $   3,341,736                       1.4%
                                    -------------               -----------
Total (2)                           $  41,484,828                      17.6%
                                    ============= ============= ===========
% OF GROSS ASSETS IN DEFAULT:        MARKET                     PERCENTAGE
ISSUER(3)                            VALUE                      OF FUND (1)
                                    -------------               -----------
Fontainebleau Las Vegas             $       1,008                       0.0%
                                    -------------               -----------
Total (2)                           $       1,008                       0.0%
Note: The value of these defaulted securities is reflected in
 the Fund's net asset value. Percentages are rounded.
                                    ============= ============= ===========
Number of positions                                         249
NAV per share                                     $        7.70 (4)
Market price per share                            $        7.40 (4)
Number of shares outstanding                         25,131,894
Total net assets                                  $ 193,627,724
                                                                        100
(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.

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. This press release contains statistical data regarding the Fund's portfolio. The Fund's complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Fund's Annual and Semi-Annual Reports to Shareholders filed with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. 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.

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

(Source: Market Wire )
(Source: Quotemedia)

Advertisement
Advertisement



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.