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Franklin Universal Trust Reports Asset Allocation

Franklin Universal Trust Reports Asset Allocation 
SAN MATEO, CA -- (Marketwire) -- 02/06/13 --  Franklin Universal
Trust (NYSE: FT), a closed-end investment company managed by Franklin
Advisers, Inc., today reported its portfolio composition, certain
portfolio characteristics and NYSE closing price as of December 31,
2012.  
Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin
Resources, Inc. (NYSE: BEN), a global investment management
organization operating as Franklin Templeton Investments. Franklin
Templeton Investments provides global and domestic investment
management solutions managed by its Franklin, Templeton, Mutual
Series, Fiduciary Trust, Darby and Bissett investment teams. The San
Mateo, CA-based company has 65 years of investment experience and
over $781 billion in assets under management as of December 31, 2012.
For more information, please call 1-800/DIAL BEN(R) or visit
franklintempleton.com. 


 
                                                                            
                                                                            
FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at December 31, 2012              
=========================================================================== 
                                                                            
                                   MARKET                      PERCENTAGE   
SECURITY                           VALUE                       OF FUND (1)  
                                   -------------               ------------ 
                                                                            
High Yield & Investment Grade                                               
 Corporate Bonds & Preferred                                                
 Securities                        $ 159,095,555                       68.8%
                                                                            
Utilities - Common & Preferred                                              
 Stocks                            $  66,328,223                       28.7%
                                                                            
Other Investments                  $   1,606,136                        0.7%
                                                       
                     
Cash & Other Net Assets            $   4,343,352                        1.9%
                                   -------------               ------------ 
                                                                            
Total Investments (1,2)            $ 231,373,266                      100.0%
                                   ============= ============= ============ 
                                                                            
                                   MARKET                      PERCENTAGE   
10 LARGEST HOLDINGS BY ISSUER      VALUE                       OF FUND (1)  
                                   -------------               ------------ 
                                                                            
Duke Energy Corp.                  $   5,902,776                        2.6%
Dominion Resources Inc.            $   5,180,000                        2.2%
Southern Co.                       $   4,644,885                        2.0%
Pinnacle West Capital Corp.        $   3,568,600                        1.5%
Sempra Energy                      $   3,547,000                        1.5%
Nextera Energy Inc.                $   3,459,500                        1.5%
Edison International               $   3,389,250                        1.5%
Centerpoint Energy Inc.            $   3,268,650                        1.4%
Alliant Energy Corp.               $   3,201,039                        1.4%
American Electric Power Co. Inc.   $   3,201,000                        1.4%
                                   -------------               ------------ 
Total (2)                          $  39,362,700                       17.0%
                                   ============= ============= ============ 
% OF GROSS ASSETS IN DEFAULT:      MARKET                      PERCENTAGE   
ISSUER(3)                          VALUE                       OF FUND (1)  
                                   -------------               ------------ 
Fontainebleau Las Vegas            $       1,008                        0.0%
                                   -------------               ------------ 
Total (2)                          $       1,008                        0.0%
                                                                            
Note: The value of these defaulted securities is reflected in               
 the Fund's net asset value. Percentages are rounded.                       
                                                                            
                                   ============= ============= ============ 
                                                                            
Number of positions                                        246              
NAV per share                                    $        7.54 (4)          
Market price per share                           $        7.06 (4)          
Number of shares outstanding                        25,131,894              
Total net assets                                 $ 189,373,266              
                                                                            
(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(R) (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