SOURCE: Franklin Templeton

Franklin Templeton

March 01, 2011 15:39 ET

Franklin Universal Trust Reports Asset Allocation

SAN MATEO, CA--(Marketwire - March 1, 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 January 31, 2011. 

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 approximately $681 billion in assets under management as of January 31, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at JANUARY 31, 2011
         

SECURITY
  MARKET
VALUE
  PERCENTAGE
OF FUND 1
         
High Yield and Investment Grade Corporate Bonds & Preferred   $150,508,733   69.0%
         
Utilities Common and Preferred Stocks   $64,024,251   29.4%
         
Other Investments   $1,137,605   0.5%
         
Cash & Other Net Assets   $2,398,766   1.1%
         
Total Investments 1,2   $218,069,355   100.0%
         
    MARKET
VALUE
  PERCENTAGE
OF FUND 1
10 LARGEST HOLDINGS BY ISSUER    
         
Southern Co.   $4,514,400   2.1%
Centerpoint Energy Inc.   $4,467,090   2.0%
Dominion Resources Inc.   $4,354,000   2.0%
HCA Inc.   $3,671,585   1.7%
Entergy Corp.   $3,608,500   1.7%
Alliant Energy Corp.   $3,158,600   1.4%
Exelon Corp.   $2,975,700   1.4%
Duke Energy Corp.   $2,860,800   1.3%
Pinnacle West Capital Corp.   $2,849,700   1.3%
Edison International   $2,721,000   1.2%
         
Total 2   $35,181,375   16.1%
         
% OF GROSS ASSETS IN DEFAULT:
ISSUER3
  MARKET
VALUE
  PERCENTAGE
OF FUND 1
 
         
Fontainebleau Las Vegas   $14,000   0.0%
Station Casinos Inc.   $240   0.0%
         
Total 2   $14,240   0.0%
Note: The value of these defaulted securities is reflected in the Fund's net asset value. Percentages are rounded.
         
         
Number of positions     224  
NAV per share     $ 7.01  4
Market price per share     $ 6.37  4
Number of shares outstanding     25,131,894  
Total net assets     $ 176,069,354  
         
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

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