SOURCE: Franklin Templeton

Franklin Templeton

August 01, 2011 19:49 ET

Franklin Universal Trust Reports Asset Allocation

SAN MATEO, CA--(Marketwire - Aug 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 June 30, 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 over $734 billion in assets under management as of June 30, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at June 30, 2011
MARKET PERCENTAGE
SECURITY VALUE OF FUND 1
High Yield and Investment Grade Corporate Bonds & Preferred $150,954,940 68.3%
Utilities Common and Preferred Stocks $66,840,243 30.3%
Other Investments $1,041,225 0.5%
Cash & Other Net Assets $2,080,290 0.9%
Total Investments 1,2 $220,916,698 100.0%
MARKET PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER VALUE OF FUND 1
Southern Co. $4,845,600 2.2%
Dominion Resources Inc. $4,827,000 2.2%
Centerpoint Energy Inc. $4,257,000 1.9%
Alliant Energy Corp. $3,456,100 1.6%
Entergy Corp. $3,414,000 1.5%
Pinnacle West Capital Corp. $3,120,600 1.4%
Duke Energy Corp. $3,012,800 1.4%
Exelon Corp. $2,998,800 1.4%
Edison International $2,906,250 1.3%
Nextera Energy Inc. $2,873,000 1.3%
Total 2 $35,711,150 16.2%
% OF GROSS ASSETS IN DEFAULT: MARKET PERCENTAGE
ISSUER3 VALUE OF FUND 1
Fontainebleau Las Vegas $800 0.0%
Station Casinos Inc. $240 0.0%
Total 2 $1,040 0.0%
Note: The value of these defaulted securities is reflected in the Fund's net asset value. Percentages are rounded.
Number of positions 226
NAV per share $ 7.12 4
Market price per share $ 6.55 4
Number of shares outstanding 25,131,894
Total net assets $ 178,916,699
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