SOURCE: Franklin Templeton

Franklin Templeton

August 03, 2012 17:55 ET

Franklin Universal Trust Reports Asset Allocation

SAN MATEO, CA--(Marketwire - Aug 3, 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 June 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 $706 billion in assets under management as of June 30, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at June 30, 2012  
     
  MARKET   PERCENTAGE
SECURITY VALUE   OF FUND(1)
High Yield & Investment Grade Corporate Bonds & Preferred Securities $152,469,489   66.8%
       
Utilities - Common & Preferred Stocks $70,753,590   31.0%
       
Other Investments $572,424   0.3%
       
Cash & Other Net Assets $4,344,406   1.9%
Total Investments(1,2) $228,139,909   100.0%
       
  MARKET   PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER VALUE   OF FUND(1)
Dominion Resources Inc. $5,400,000   2.4%
Southern Co. $5,023,550   2.2%
Duke Energy Corp. $3,689,600   1.6%
Pinnacle West Capital Corp. $3,621,800   1.6%
Centerpoint Energy Inc. $3,509,766   1.5%
Edison International $3,465,000   1.5%
Sempra Energy $3,444,000   1.5%
Nextera Energy Inc. $3,440,500   1.5%
Entergy Corp. $3,394,500   1.5%
Alliant Energy Corp. $3,322,053   1.5%
Total(2) $38,310,769   16.8%
       
% OF GROSS ASSETS IN DEFAULT: MARKET   PERCENTAGE
ISSUER(3) VALUE   OF FUND(1)
American Airlines $1,140,000   0.5%
Fontainebleau Las Vegas $1,000   0.0%
Newpage Corp. $982,500   0.4%
       
Total(2) $2,123,500   0.9%
Note: The value of these defaulted securities is reflected in the Fund's net asset value. Percentages are rounded.  
       
       
Number of positions   235  
NAV per share   $7.41  (4)
Market price per share   $7.12  (4)
Number of shares outstanding   25,131,894  
Total net assets   $186,139,909  
       

(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