Franklin Universal Trust (FT or Fund) Announces Distribution Via Investing.com
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 November 29, 2024, to shareholders of record on November 18, 2024 (Ex-Dividend Date: November 18, 2024).
The primary investment objective of the Fund is to provide high, current income combined with capital preservation. Its secondary objective is to grow revenue through increased equity and capital appreciation. Distributions may vary based on the Fund’s invested income. Past distributions do not indicate future trends.
Shareholders should not draw conclusions about the investment performance of the Fund from the current share price or the terms of the Fund’s distribution policy. The amounts and sources of distribution reported here are estimates only and are not provided for tax reporting purposes. Actual amounts and sources of amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax laws. The Fund will send a Form 1099-DIV to shareholders in a calendar year that will explain how to report the Fund’s distributions for federal income tax purposes.
For more information on the Franklin Universal Trust, please
visit our website at: www.franklintempleton.com
Franklin Resources (NYSE:), Inc. is a global investment management firm with subsidiaries operating as Franklin Templeton and serving clients in more than 150 countries. Franklin Templeton’s mission is to help clients achieve better results through investment management expertise, wealth management and technology solutions. Through its professional investment managers, the firm provides global expertise, bringing broad capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in capital markets around the world, the California firm has more than 75 years of investment experience and assets under $1.6 trillion as of September 30, 2024. For more information, please visit franklintempleton. com.
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For more information, please contact Franklin Templeton at 1-800-342-5236.
Source: Franklin Templeton
