Franklin Universal Trust Declares Monthly Distribution
20 October 2017 - 7:05AM
Franklin Universal Trust (NYSE:FT), a closed-end investment company
managed by Franklin Advisers, Inc., announced today a distribution
of $0.032 per share, payable November 15, 2017, to shareholders of
record on October 31, 2017 (Ex-Dividend Date: October 30, 2017).
Distributions may vary based on the Fund’s net investment
income. Past distributions are not indicative of future
trends.
You may request a copy of the Fund's current Report to
Shareholders by contacting Franklin Templeton’s Fund Information
Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting
franklintempleton.com. All investments involve risks,
including possible loss of principal. Bond prices generally
move in the opposite direction of interest rates. As the
prices of bonds in a fund adjust to a rise in interest rates, the
fund’s share price may decline. Investments in lower-rated
bonds include higher risk of default and loss of principal.
Stock prices fluctuate, sometimes rapidly and dramatically, due to
factors affecting individual companies, particular industries or
sectors, or general market conditions. In addition to other
factors, securities issued by utility companies have historically
been sensitive to interest rate changes. When interest rates
fall, utility securities prices, and thus a utilities fund’s share
price, tend to rise; when interest rates rise, their prices
generally fall. The Fund is actively managed but there is no
guarantee that the manager’s investment decisions will produce the
desired results. For portfolio management discussions,
including information regarding the Fund’s investment strategies,
please view the most recent Annual or Semi-Annual Report to
Shareholders which can be found at franklintempleton.com or
sec.gov.
Franklin Resources, Inc. (NYSE:BEN) is a global
investment management organization operating as Franklin Templeton
Investments. Franklin Templeton Investments provides global and
domestic investment management to retail, institutional and
sovereign wealth clients in over 170 countries. Through specialized
teams, the company has expertise across all asset classes—including
equity, fixed income, alternative and custom solutions. The
company’s more than 650 investment professionals are supported by
its integrated, worldwide team of risk management professionals and
global trading desk network. With offices in over 30
countries, the California–based company has 70 years of investment
experience and over $752 billion in assets under management as of
September 30, 2017. For more information, please visit
franklintempleton.com.
FROM: Franklin Templeton Investments
Shareholders/Financial Advisors: (800) 342-5236
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