2022-07-08 | NYSE:BEN | Press release
Franklin Universal Trust [NYSE: FT] today announced a monthly distribution of net investment income of $0.0425 per share, payable on July 29, 2022 to shareholders of record on July 18, 2022 (ex-dividend date: July 15, 2022).
The primary investment objective of the Fund is to provide a high current income consistent with the preservation of capital. Its secondary objective is income growth through increased dividends and capital appreciation. Distributions may vary depending on the net investment income of the Fund. Past distributions are not indicative of future trends.
Shareholders should not draw any conclusions about the Fund’s investment performance from the current distribution amount or the terms of the Fund’s distribution policy. The amounts and sources of distributions shown here are estimates only and are not provided for tax reporting purposes. Actual amounts and sources of amounts for tax reporting purposes will depend on the Fund’s investment experience over the remainder of its financial year and may be subject to change as a result of tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year which will describe how to report the Fund’s distributions for federal income tax purposes.
For more information about Franklin Universal Trust, please visit our website 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 more than 155 countries. Franklin Templeton’s mission is to help clients achieve better results through expertise in investment management, wealth management and technology solutions. Through its specialist investment managers, the firm offers boutique specialization globally, bringing broad capabilities in equities, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based firm has 75 years of investment experience and approximately $1.45 trillion in assets under management as of May 31, 2022. For more information, please visit franklintempleton.com.