SOURCE: Franklin Templeton

Franklin Templeton

August 17, 2012 12:55 ET

Franklin Universal Trust Reports Asset Allocation

SAN MATEO, CA--(Marketwire - Aug 17, 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 July 31, 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 $718 billion in assets under management as of July 31, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at July 31, 2012          
               
SECURITY   MARKET       PERCENTAGE  
  VALUE       OF FUND 1  
                   
High Yield & Investment Grade Corporate Bonds & Preferred Securities   $ 155,142,692         66.9 %
                   
Utilities - Common & Preferred Stocks   $ 71,529,149         30.8 %
                   
Other Investments   $ 609,490         0.3 %
                   
Cash & Other Net Assets   $ 4,678,561         2.0 %
Total Investments 1,2   $ 231,959,892         100.0 %
                   
10 LARGEST HOLDINGS BY ISSUER   MARKET       PERCENTAGE  
  VALUE       OF FUND 1  
                   
Duke Energy Corp.   $ 6,271,006         2.7 %
Dominion Resources Inc.   $ 5,431,000         2.3 %
Southern Co.   $ 5,224,275         2.3 %
Pinnacle West Capital Corp.   $ 3,747,800         1.6 %
Entergy Corp.   $ 3,633,500         1.6 %
Centerpoint Energy Inc.   $ 3,575,988         1.5 %
Nextera Energy Inc.   $ 3,545,000         1.5 %
Sempra Energy   $ 3,520,500         1.5 %
Edison International   $ 3,463,500         1.5 %
Alliant Energy Corp.   $ 3,405,159         1.5 %
Total 2   $ 41,817,728         18.0 %
                   
% OF GROSS ASSETS IN DEFAULT:   MARKET       PERCENTAGE  
ISSUER3   VALUE       OF FUND 1  
American Airlines   $ 1,056,000         0.5 %
Fontainebleau Las Vegas   $ 1,000         0.0 %
Newpage Corp.   $ 1,020,000         0.4 %
                   
Total 2   $ 2,077,000         0.9 %
Note: The value of these defaulted securities is reflected in the Fund's net asset value. Percentages are rounded.      
                   
                   
Number of positions           239      
NAV per share         $ 7.56   4  
Market price per share         $ 7.37   4  
Number of shares outstanding           25,131,894      
Total net assets         $ 189,959,893      
 
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