SOURCE: Franklin Templeton

Franklin Templeton

September 16, 2010 18:33 ET

Franklin Universal Trust Reports Asset Allocation

SAN MATEO, CA--(Marketwire - September 16, 2010) -  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 August 31, 2010. The Fund has also posted detailed portfolio holdings as of June 30, 2010 to franklintempleton.com. 

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 $602 billion in assets under management as of July 31, 2010. For more information, please call
1-800/DIAL BEN® or visit franklintempleton.com.

 
 
FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at AUGUST 31, 2010
    MARKET       PERCENTAGE
SECURITY   VALUE       OF FUND (1)
             
High Yield and Investment Grade Corporate Bonds & Preferred   $144,191,603       69.6%
             
Utilities Common and Preferred Stocks   $57,947,198       28.0%
             
Other Investments   $2,064,169       1.0%
             
Cash & Other Net Assets   $2,923,848       1.4%
             
Total Investments (1,2)   $207,126,818       100.0%
             
    MARKET       PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER   VALUE       OF FUND (1)
             
Southern Co.   $4,402,800       2.1%
Dominion Resources Inc.   $4,276,000       2.1%
Centerpoint Energy Inc.   $4,090,914       2.0%
Entergy Corp.   $3,942,000       1.9%
HCA Inc.   $3,565,514       1.7%
Alliant Energy Corp.   $2,976,700       1.4%
Exelon Corp.   $2,850,400       1.4%
Pinnacle West Capital Corp.   $2,789,500       1.3%
Duke Energy Corp.   $2,750,400       1.3%
Nextera Energy Inc.   $2,686,500       1.3%
             
Total (2)   $34,330,728       16.6%
             
% OF GROSS ASSETS IN DEFAULT:   MARKET       PERCENTAGE
ISSUER (3)   VALUE       OF FUND (1)
             
Fontainebleau Las Vegas   $12,160       0.0%
Station Casinos Inc.   $2,884       0.0%
             
Total (2)   $15,044       0.0%
             
Note: The value of these defaulted securities is reflected in the Fund's net asset value. Percentages are rounded.
             
Number of positions       192    
NAV per share     $ 6.57 (4)  
Market price per share     $ 6.23 (4)  
Number of shares outstanding       25,131,894    
Total net assets     $ 165,126,817    
(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