Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution
March 07 2022 - 12:09PM
Business Wire
Franklin Universal Trust [NYSE: FT] today announced a
monthly distribution from net investment income of $0.0425 per
share, payable on March 31, 2022, to shareholders of record on
March 17, 2022 (Ex-Dividend Date: March 16, 2022).
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 vary based on the
Fund’s net investment income. Past distributions are not indicative
of future trends.
Shareholders should not draw any conclusions about the Fund’s
investment performance from the amount of the current distribution
or from the terms of the Fund’s distribution policy. The amounts
and sources of distributions reported herein are only estimates and
are not being provided for tax reporting purposes. The actual
amounts and sources of the amounts for tax reporting purposes will
depend upon the Fund’s investment experience during the remainder
of its fiscal year and may be subject to changes based on tax
regulations. The Fund will send a Form 1099-DIV to shareholders for
the calendar year that will describe how to report the Fund’s
distributions for federal income tax purposes.
For further information on Franklin
Universal Trust, please visit our web site at:
www.franklintempleton.com
Franklin Resources, Inc. [NYSE:BEN] is a global investment
management organization with subsidiaries operating as Franklin
Templeton and serving clients in over 155 countries. Franklin
Templeton’s mission is to help clients achieve better outcomes
through investment management expertise, wealth management and
technology solutions. Through its specialist investment managers,
the company offers boutique specialization on a global scale,
bringing extensive capabilities in equity, fixed income,
multi-asset solutions and alternatives. With offices in more than
30 countries and approximately 1,300 investment professionals, the
California-based company has 75 years of investment experience and
over $1.5 trillion in assets under management as of January 31,
2022. For more information, please visit franklintempleton.com.
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