SOURCE: Franklin Templeton

Franklin Templeton

January 03, 2011 18:27 ET

Franklin Universal Trust Reports Asset Allocation

SAN MATEO, CA--(Marketwire - January 3, 2011) -  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, 2010. 

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 $642 billion in assets under management as of November 30, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at NOVEMBER 30, 2010    
             
    MARKET     PERCENTAGE  
SECURITY   VALUE     OF FUND 1  
                 
High Yield and Investment Grade Corporate Bonds & Preferred   $ 139,855,370       66.2 %
                 
Utilities Common and Preferred Stocks   $ 62,086,408       29.4 %
                 
Other Investments   $ 1,913,828       0.9 %
                 
Cash & Other Net Assets   $ 7,471,291       3.5 %
                 
Total Investments 1,2   $ 211,326,897       100.0 %
                 
      MARKET       PERCENTAGE  
10 LARGEST HOLDINGS BY ISSUER     VALUE       OF FUND 1  
                 
Southern Co.   $ 4,526,400       2.1 %
Centerpoint Energy Inc.   $ 4,323,258       2.0 %
Dominion Resources Inc.   $ 4,153,000       2.0 %
HCA Inc.   $ 3,594,634       1.7 %
Entergy Corp.   $ 3,562,000       1.7 %
Alliant Energy Corp.   $ 3,086,350       1.5 %
Pinnacle West Capital Corp.   $ 2,829,400       1.3 %
Duke Energy Corp.   $ 2,808,000       1.3 %
Edison International   $ 2,770,500       1.3 %
Exelon Corp.   $ 2,755,900       1.3 %
                 
Total 2   $ 34,409,442       16.3 %
                 
% OF GROSS ASSETS IN DEFAULT: ISSUER3     MARKET       PERCENTAGE  
  VALUE       OF FUND 1  
                 
Fontainebleau Las Vegas   $ 13,120       0.0 %
Station Casinos Inc.   $ 740       0.0 %
                 
Total 2   $ 13,860       0.0 %
Note: The value of these defaulted securities is reflected in the Fund's net asset value. Percentages are rounded.  
                 
                 
Number of positions         206      
NAV per share       $ 6.74  4    
Market price per share       $ 6.33  4    
Number of shares outstanding         25,131,894      
Total net assets       $ 169,326,897      
                 
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