Franklin Universal Trust (FT)
| Market Value | 191.13M |
| Revenue (ttm) | 14.52M |
| Net Income (ttm) | 34.15M |
| Shares Out | 25.13M |
| EPS (ttm) | 1.36 |
| PE Ratio | 5.55 |
| Forward PE | n/a |
| Dividend | $0.52 (6.80%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 21,150 |
| Open | 7.59 |
| Previous Close | 7.55 |
| Day's Range | 7.55 - 7.64 |
| 52-Week Range | 6.34 - 7.69 |
| Beta | 0.76 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About FT
Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in the public equity and fixed income markets of the United States. The fund invests in companies operating in utility sector. It employs fundamental analysis to invest in a diversified portfolio of corporate bonds and dividend paying utility stocks. The fund benchmarks the equity component of its balanced portfolio against the S&P 500 Electric Utilities Index and the fixed component agai... [Read more]
News
Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution
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 shareho...
Franklin Universal Trust (“FT” or the “Fund”) Announces Notification of Sources of Distributions
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...
Franklin Universal Trust (“FT” or the “Fund”) Announces Portfolio Management Team Update
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Universal Trust [NYSE: FT] today announced a Portfolio Management Team update. Effective September 30, 2024, the named portfolio management team responsibl...
FT: Deep Discount Doesn't Always Mean Bargain
Franklin Universal Trust is a closed-end fund with the approach of investing in a high-yield bond and utility equity portfolio. The fund trades at a deep discount, but it isn't necessarily looking lik...
Stella Zhang, COO of American Lending Center, Delivers Inspiring Commencement Speech to UCI Business School Graduates
IRVINE, Calif.--(BUSINESS WIRE)--Stella Zhang, COO of American Lending Center, delivered the commencement address Monday, June 17, for the Paul Merage School of Business masters graduates at the Unive...
American Lending Center Celebrates 15 Years Of Growth
IRVINE, Calif.--(BUSINESS WIRE)--American Lending Center, a private non-bank lending institution nationally recognized for both small business lending and operation of the EB-5 immigration and investm...
System Improves Trucker Safety, Wins Stella Zhang New Venture Competition Grand Prize at UCI
IRVINE, Calif.--(BUSINESS WIRE)--An AI-enhanced system that watches over truck drivers and warns them when they are drowsy or distracted – without violating their privacy – took the top prize at the S...
FT: Underappreciated CEF Well Positioned For Net Zero And The Provision Of Income
Franklin Universal Trust offers income-focused investors the opportunity to receive high income without sacrificing potential capital gains. The FT closed-end fund's current yield of 7.49% beats the S...
Lightbeam Health Solutions Recognized as One of the Americas' Fastest Growing Companies in 2024 by the Financial Times
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' Fastes...
Franklin Universal Trust: Utilities And High Yield Under One CEF Roof
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 m...
FT: 7.5% Yielding CEF With An Embedded Hedge
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 provide...
FT: Solid Combo Of Junk Bonds And Utilities
FT: Solid Combo Of Junk Bonds And Utilities
Sunstone Management Names Zhen Wang as Founder Community Manager
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...
University of California System Hosting 2nd Annual “Born in California®” Demo Day
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 Califor...
Franklin Universal Trust: Put Your Trust In This Fund And Grow Your Income
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 marke...
The Month In Closed-End Funds: March 2022
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: October 2021
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 th...
Franklin Universal Trust Declares Monthly Distribution
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, payabl...
A Pocket Of Value Left In Franklin Universal Trust: -12.5% Discount, 4.9% Annual Yield, Monthly Pay
FT's discount still remains wide for a hybrid utilities/bond fund. It may be an attractive choice for the relatively conservative investor.
The Month In Closed-End Funds: October 2020
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 ...
FT: Stick With CEFs For Multi-Sector Exposure
FT: Stick With CEFs For Multi-Sector Exposure
Franklin Universal Trust Declares Monthly Distribution.
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...