SAN MATEO, CA–(Marketwired – Jul 5, 2013) – Franklin Universal
Trust (
managed by Franklin Advisers, Inc., today reported its portfolio
composition, certain portfolio characteristics and NYSE closing
price as of May 31, 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).
Please note that following this release, Franklin Universal
Trust will begin issuing asset allocation press releases on a
quarterly basis, rather than a monthly basis.
Franklin Advisers, Inc., is a wholly owned subsidiary of
Franklin Resources, Inc. (
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 over $846 billion in
assets under management as of May 31, 2013. For more information,
please call 1-800/DIAL BEN
®or visit franklintempleton.com.
| FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at May 31, 2013 |
||||||
| MARKET | PERCENTAGE | |||||
| SECURITY | VALUE |
OF FUND 1 |
||||
| High Yield & Investment Grade Corporate Bonds & Preferred Securities |
$162,210,720 | 67.9% | ||||
| Utilities – Common & Preferred Stocks | $71,928,111 | 30.1% | ||||
| Other Investments |
$2,507,784 | 1.1% | ||||
| Cash & Other Net Assets |
$2,158,913 | 0.9% | ||||
|
Total Investments 1,2 |
$238,805,528 | 100.0% | ||||
| MARKET | PERCENTAGE | |||||
| 10 LARGEST HOLDINGS BY ISSUER | VALUE |
OF FUND 1 |
||||
| Duke Energy Corp. |
$6,192,364 | 2.6% | ||||
| Dominion Resources Inc. | $5,655,000 | 2.4% | ||||
| Southern Co. | $4,763,150 | 2.0% | ||||
| Sempra Energy | $4,065,000 | 1.7% | ||||
| Pinnacle West Capital Corp. | $3,953,600 | 1.7% | ||||
| Centerpoint Energy Inc. | $3,935,964 | 1.6% | ||||
| Nextera Energy Inc. | $3,781,000 | 1.6% | ||||
| Alliant Energy Corp. | $3,591,054 | 1.5% | ||||
| Edison International | $3,445,500 | 1.4% | ||||
| Entergy Corp. | $3,444,000 | 1.4% | ||||
|
Total 2 |
$42,826,632 | 17.9% | ||||
| % OF GROSS ASSETS IN DEFAULT: |
MARKET | PERCENTAGE | ||||
|
ISSUER 3 |
VALUE |
OF FUND 1 |
||||
| Ceva Group |
$568,000 | 0.2% | ||||
| Fontainebleau Las Vegas | $1,000 | 0.0% | ||||
| Total
2 |
$569,000 | 0.2% | ||||
| Note: The value of these defaulted securities is reflected in the Fund’s net asset value. Percentages are rounded. |
||||||
| Number of positions | 248 | |||||
| NAV per share |
$ 8.16 |
4 | ||||
| Market price per share | $ 7.13 |
4 | ||||
| Number of shares outstanding | 25,131,894 | |||||
| Total net assets |
$ 196,805,529 |
|||||
| 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. |
| 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. This press release contains statistical data regarding the Fund’s portfolio. The Fund’s complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Fund’s Annual and Semi-Annual Reports to Shareholders filed with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. 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. |
Contact:
Franklin Templeton Investments
Shareholders/Financial Advisors: (800) 342-5236