SOURCE: Franklin Templeton

Franklin Templeton

June 06, 2012 19:18 ET

Franklin Universal Trust Reports Asset Allocation

SAN MATEO, CA--(Marketwire - Jun 6, 2012) - 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 April 30, 2012.

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 $726 billion in assets under management as of April 30, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at APRIL 30, 2012
MARKET PERCENTAGE
SECURITY VALUE OF FUND 1
High Yield & Investment Grade Corporate Bonds & Preferred Securities $ 151,484,505 66.8 %
Utilities - Common & Preferred Stocks $ 68,184,033 30.1 %
Other Investments $ 525,204 0.2 %
Cash & Other Net Assets $ 6,503,034 2.9 %
Total Investments 1,2 $ 226,696,776 100.0 %
MARKET PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER VALUE OF FUND 1
Dominion Resources Inc. $ 5,219,000 2.3 %
Southern Co. $ 4,984,490 2.2 %
Centerpoint Energy Inc. $ 3,431,658 1.5 %
Duke Energy Corp. $ 3,428,800 1.5 %
Pinnacle West Capital Corp. $ 3,384,500 1.5 %
Edison International $ 3,300,750 1.5 %
Alliant Energy Corp. $ 3,297,996 1.5 %
Entergy Corp. $ 3,278,000 1.4 %
Sempra Energy $ 3,237,000 1.4 %
Nextera Energy Inc. $ 3,217,500 1.4 %
Total 2 $ 36,779,694 16.2 %
% OF GROSS ASSETS IN DEFAULT: MARKET PERCENTAGE
ISSUER3 VALUE OF FUND 1
American Airlines $ 1,104,000 0.5 %
Fontainebleau Las Vegas $ 9,000 0.0 %
Newpage Corp. $ 1,027,500 0.5 %
Total 2 $ 2,140,500 0.9 %
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 $ 7.35 4
Market price per share $ 6.99 4
Number of shares outstanding 25,131,894
Total net assets $ 184,696,777
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