Franklin Universal

Franklin Universal Trust is a closed-end investment trust. It invests in debt, equity, precious metals, and natural resources securities. Its investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. The company was founded on September 23, 1988 and is headquartered in San Mateo, CA.

DALLAS--(BUSINESS WIRE)---- $FT #DigitalHealth--Lightbeam Health Solutions, the leader in population health enablement technology and solutions, has been recognized on the list of The Americas' Fastest Growing Companies in 2024. This prestigious award is presented by the Financial Times and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on April 4th, 2024, and can be viewed on the FT.com website. The Americas' Fastest Growing Companies 2024 ranking iden.

Lightbeam Health Solutions Recognized as One of the Americas' Fastest Growing Companies in 2024 by the Financial Times

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on April 30, 2024, to shareholders of record on April 17, 2024 (Ex-Dividend Date: April 16, 2024). The Fund's primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. Distributions may v.

Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Universal Trust [NYSE: FT]: Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund's estimated sources of the distribution to be paid on March 28, 2024 and for the fiscal year 2024 year-to-date are as follows: Estimated Allocations for March Monthly Distribution as of February 29, 2024: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Realized Long-Term C.

Franklin Universal Trust (“FT” or the “Fund”) Announces Notification of Sources of Distributions

Franklin Universal Trust provides exposure to high-yield bonds and utilities, then offers an attractive distribution yield for investors. FT utilizes borrowings based on a fixed-rate, which recently matured and needed to be refinanced higher, though distribution coverage still remains relatively strong. The fund is currently trading at a deep discount but, on a relative basis, is only mildly attractive.

Franklin Universal Trust: Utilities And High Yield Under One CEF Roof

FT is a fixed income closed end fund that seeks to provide high current income while also targeting capital preservation. The fund has a 60/40 fixed income/utilities equities allocation, which provides for an embedded hedge via the defensive nature of the utilities sleeve. The fund has a fully supported dividend yield, and its historical NAV performance attests to its capital preservation mandate.

FT: 7.5% Yielding CEF With An Embedded Hedge

FT: Solid Combo Of Junk Bonds And Utilities

IRVINE, Calif.--( BUSINESS WIRE )--Sunstone Management today announced that it has named Zhen Wang, a longtime expert in fintech, startups, and financial services, to the position of Founder Community Manager. Wang, a resident of Arcadia, began his duties in November.

Sunstone Management Names Zhen Wang as Founder Community Manager

IRVINE, Calif.--( BUSINESS WIRE )--Sunstone Management announced that it is the Innovation Sponsor at Born in California, a two-day invitation-only startup demo day hosted by the University of California, Irvine (UCI). The event, which features 40 startups representing all ten University of California campuses, will allow the founders developing projects in the life science, digital health, consumer, technology, and sustainability sectors to show demos as well as pitch investors, all in one place.

University of California System Hosting 2nd Annual “Born in California®” Demo Day

Since 1988, FT has provided investors with a steady monthly distribution while minimizing risk to capital losses. The fund's annual yield is currently 6.5% and has provided an 8% total return at market price since inception.

Franklin Universal Trust: Put Your Trust In This Fund And Grow Your Income

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Neuberger Berman MLP Income Fund, Inc.

Salient Midstream & MLP Fund

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For the first month in three, equity CEFs on average witnessed positive returns, rising 1.91% on an NAV basis for March.

The Month In Closed-End Funds: March 2022

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Duff & Phelps Global Utility Income Fund Inc

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For the eleventh month in 12, equity CEFs on average witnessed plus-side returns, rising 3.48% on a NAV basis for October. While for the second consecutive month fixed income CEFs posted returns in the red (-0.14%).

The Month In Closed-End Funds: October 2021

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Universal Trust [NYSE: FT], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0425 per share, payable October 15, 2021, to shareholders of record on September 30, 2021 (Ex-Dividend Date: September 29, 2021). 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 b

Franklin Universal Trust Declares Monthly Distribution

FT's discount still remains wide for a hybrid utilities/bond fund. It may be an attractive choice for the relatively conservative investor.

A Pocket Of Value Left In Franklin Universal Trust: -12.5% Discount, 4.9% Annual Yield, Monthly Pay

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For the second consecutive month, equity CEFs on average posted negative returns, declining 0.41% on a NAV basis for October. While for the seventh month in a row, fixed income CEFs witnessed returns in the black (+0.03%).

The Month In Closed-End Funds: October 2020

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For the fourth month in a row, equity CEFs on average posted positive returns, rising 3.42% on a NAV basis for July.

The Month In Closed-End Funds: July 2020

FT: Stick With CEFs For Multi-Sector Exposure

SAN MATEO, Calif., Nov.  19, 2019  (GLOBE NEWSWIRE) -- Franklin Universal Trust [NYSE:FT], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0320 per share, payable December 13, 2019, to shareholders of record on November 29, 2019 (Ex-Dividend Date: November 27, 2019).

News for Franklin Universal ETF (FT)