Franklin Universal Trust Reports Quarter-End Asset Allocation
SAN MATEO, CA--(Marketwired - Aug 7, 2013) - 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, 2013. This portfolio information and other Franklin Universal Trust information can be found at https://www.franklintempleton.com/retail/jsp_app/products/closed_end_fund.jsp?fundNumber=002.
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, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 investment teams. The San Mateo, CA-based company has more than 65 years of investment experience and approximately $815 billion in assets under management as of June 30, 2013. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at June 30, 2013 | ||||||
MARKET | PERCENTAGE | |||||
SECURITY | VALUE | OF FUND 1 | ||||
High Yield & Investment Grade Corporate Bonds & Preferred Securities | $154,978,828 | 66.2% | ||||
Utilities - Common & Preferred Stocks | $72,868,226 | 31.1% | ||||
Other Investments | $2,945,513 | 1.3% | ||||
Cash & Other Net Assets | $3,475,886 | 1.5% | ||||
Total Investments 1,2 | $234,268,453 | 100.0% | ||||
MARKET | PERCENTAGE | |||||
10 LARGEST HOLDINGS BY ISSUER | VALUE | OF FUND 1 | ||||
Duke Energy Corp. | $6,245,100 | 2.7% | ||||
Dominion Resources Inc. | $5,682,000 | 2.4% | ||||
Southern Co. | $4,788,105 | 2.0% | ||||
Sempra Energy | $4,088,000 | 1.7% | ||||
Nextera Energy Inc. | $4,074,000 | 1.7% | ||||
Centerpoint Energy Inc. | $3,988,602 | 1.7% | ||||
Pinnacle West Capital Corp. | $3,882,900 | 1.7% | ||||
Alliant Energy Corp. | $3,675,618 | 1.6% | ||||
Edison International | $3,612,000 | 1.5% | ||||
Entergy Corp. | $3,484,000 | 1.5% | ||||
Total 2 | $43,520,325 | 18.6% | ||||
% OF GROSS ASSETS IN DEFAULT: | MARKET | PERCENTAGE | ||||
ISSUER3 | VALUE | OF FUND 1 | ||||
Fontainebleau Las Vegas | $1,008 | 0.0% | ||||
Total 2 | $1,008 | 0.0% | ||||
Note: The value of these defaulted securities is reflected in the Fund's net asset value. Percentages are rounded. | ||||||
Number of positions | 260 | |||||
NAV per share | $ 7.65 | 4 | ||||
Market price per share | $ 6.83 | 4 | ||||
Number of shares outstanding | 25,131,894 | |||||
Total net assets | $ 192,268,453 | |||||
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. | ||||||
