Franklin Universal Trust (FT)

Profile

https://www.franklintempleton.com/retail/jsp_app/products/closed_end_fund.jsp?fundNumber=002

Franklin Universal Trust is a closed-end investment trust managed by Franklin Advisers, Inc. The fund focuses on generating high current income while aiming to preserve capital, with a secondary emphasis on income growth and capital appreciation. It invests primarily in a combination of high-yield fixed income securities and utility stocks, using fundamental research to build a diversified portfolio. The trust’s holdings typically span a range of sectors, with a notable tilt toward electric utilities and other income-oriented companies, making it a hybrid income vehicle within the financial market. Franklin Universal Trust distributes income on a monthly basis and is used by investors seeking exposure to both bond and equity income sources through a single diversified structure.