Franklin Universal Trust Reports Asset Allocation

 | Quelle: Franklin Templeton Franklin Templeton

SAN MATEO, CA--(Marketwire - July 1, 2009) - 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 May 31, 2009.

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 more than 60 years of investment experience and over $448 billion in assets under management as of May 31, 2009. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at May 31, 2009    
             
SECURITY   MARKET VALUE       PERCENTAGE OF FUND (1)
  
High Yield and Investment Grade Corporate Bonds & Preferred $ 123,091,177       71.4 %  
                 
Utilities Common and Preferred Stocks $ 44,843,647       26.0 %  
                 
Other Investments $ 1,228,891       0.7 %  
                 
Cash & Other Net Assets $ 3,301,084       1.9 %  
Total Investments (1), (2) $ 172,464,799       100.0 %  
             
10 LARGEST HOLDINGS BY ISSUER   MARKET VALUE       PERCENTAGE OF FUND (1)
  
FPL Group Inc. $ 4,239,750       2.5 %  
Entergy Corp. $ 3,731,000       2.2 %  
Ford Motor Credit Co. LLC $ 3,536,510       2.1 %  
Southern Co. $ 3,409,200       2.0 %  
Exelon Corp. $ 3,360,700       1.9 %  
Dominion Resources Inc. $ 3,179,000       1.8 %  
Edison International $ 3,156,120       1.8 %  
Charter Communications Holdings $ 3,081,000       1.8 %  
HCA Inc. $ 2,934,800       1.7 %  
GMAC LLC $ 2,466,094       1.4 %  
Total (2) $ 33,094,174       19.2 %  
           
% OF GROSS ASSETS IN DEFAULT: ISSUER (3)   MARKET VALUE       PERCENTAGE OF FUND (1)
  
Atherton Franchise $ 7,216       0.0 %  
Canwest Media Inc. $ 570,000       0.3 %  
CCH I LLC $ 96,000       0.1 %  
Charter Communications Holdings $ 2,985,000       1.7 %  
Dex Media $ 624,885       0.4 %  
Idearc Inc. $ 68,750       0.0 %  
Nortel Networks $ 640,000       0.4 %  
Station Casinos Inc. $ 447,000       0.3 %  
Total (2) $ 5,438,851       3.2 %  
     
Note: The value of these defaulted securities is reflected in the Fund's net asset value.  Percentages are rounded.    
                 
Number of positions       147        
NAV per share     $ 5.19   (4)    
Market price per share     $ 4.47   (4)    
Number of shares outstanding       25,131,894        
Asset coverage (Investment Company Act)       410.6 %      
Total net assets     $ 130,464,800        
               
(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.    

 

Contact Information:

Franklin Templeton Investments

Shareholders/Financial Advisors:
(800) 342-5236

Media:
(650) 312-2245

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