N@N

Franklin Templeton: Franklin Universal Trust Reports Asset Allocation

^{Published on 2009-10-02 14:39:35 - Market Wire}
 

SAN MATEO, CA--(Marketwire - October 2, 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 August 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 $495 billion in assets under management as of August 31, 2009. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

 FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at August 31, 2009 =========================================================================== MARKET PERCENTAGE SECURITY VALUE OF FUND (1) ----------------------------- ------------- ------------ High Yield and Investment Grade Corporate Bonds & Preferred $ 136,126,685 72.0% Utilities Common and Preferred Stocks $ 49,503,786 26.2% Other Investments $ 914,000 0.5% Cash & Other Net Assets $ 2,522,285 1.3% ------------- ------------ Total Investments (1,2) $ 189,066,756 100.0% =========================================================================== MARKET PERCENTAGE 10 LARGEST HOLDINGS BY ISSUER VALUE OF FUND (1) ----------------------------- ------------- ------------ FPL Group Inc. $ 4,213,500 2.2% Entergy Corp. $ 3,950,000 2.1% Ford Motor Credit Co. LLC $ 3,841,638 2.0% Southern Co. $ 3,744,000 2.0% Exelon Corp. $ 3,501,400 1.9% Charter Communications Holdings $ 3,464,750 1.8% Dominion Resources Inc. $ 3,308,000 1.7% HCA Inc. $ 3,251,638 1.7% Centerpoint Energy Inc. $ 2,809,840 1.5% Ameren Corp. $ 2,599,072 1.4% ------------- ------------ Total (2) $ 34,683,838 18.3% =========================================================================== % OF GROSS ASSETS IN DEFAULT: MARKET PERCENTAGE ISSUER (3) VALUE OF FUND (1) ----------------------------- ------------- ------------ Atherton Franchise $ 7,216 0.0% Canwest Media Inc. $ 1,095,000 0.6% CCH I LLC $ 116,000 0.1% Charter Communications Holdings $ 3,348,750 1.8% Dex Media $ 634,175 0.3% Fontainebleau Las Vegas $ 64,000 0.0% Idearc Inc. $ 146,250 0.1% Nortel Networks $ 935,000 0.5% Station Casinos Inc. $ 399,875 0.2% ------------- ------------ Total (2) $ 6,746,266 3.6% Note: The value of these defaulted securities is reflected in the Fund's net asset value. Percentages are rounded. =========================================================================== Number of positions 157 NAV per share $ 5.85 (4) Market price per share $ 5.08 (4) Number of shares outstanding 25,131,894 Asset coverage (Investment Company Act) 450.2% Total net assets $147,066,756 (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.