SOURCE: Franklin Templeton

Franklin Templeton

September 01, 2011 19:49 ET

Franklin Universal Trust Reports Asset Allocation

SAN MATEO, CA--(Marketwire - Sep 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 July 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 over $747 billion in assets under management as of July 31, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at July 31, 2011
MARKET PERCENTAGE
SECURITY VALUE OF FUND (1)
High Yield and Investment Grade Corporate Bonds & Preferred $151,331,034 68.4%
Utilities Common and Preferred Stocks $64,375,597 29.1%
Other Investments $764,355 0.3%
Cash & Other Net Assets $4,803,495 2.2%
Total Investments (1,2) $221,274,481 100.0%
MARKET PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER VALUE OF FUND (1)
Dominion Resources Inc. $4,845,000 2.2%
Southern Co. $4,744,800 2.1%
Centerpoint Energy Inc. $4,307,600 1.9%
Alliant Energy Corp. $3,349,850 1.5%
Entergy Corp. $3,340,000 1.5%
Exelon Corp. $3,084,900 1.4%
Duke Energy Corp. $2,976,000 1.3%
Pinnacle West Capital Corp. $2,964,500 1.3%
Edison International $2,855,250 1.3%
American Electric Power Co Inc. $2,764,500 1.2%
Total (2) $35,232,400 15.9%
% OF GROSS ASSETS IN DEFAULT: MARKET PERCENTAGE
ISSUER (3) 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 228
NAV per share $ 7.13 (4)
Market price per share $ 6.55 (4)
Number of shares outstanding 25,131,894
Total net assets $ 179,274,481
(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