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Franklin Universal Trust Reports Asset Allocation

^{Published on 2010-01-06 17:20:26 - Market Wire}
 

SAN MATEO, CA--(Marketwire - January 6, 2010) - 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 November 30, 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 $539 billion in assets under management as of November 30, 2009. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

 FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at November 30, 2009 ============================= ============= ============= ============= MARKET PERCENTAGE SECURITY VALUE OF FUND(1) ----------------------------- ------------- ------------- High Yield and Investment Grade Corporate Bonds & Preferred $ 143,380,437 72.0% Utilities Common and Preferred Stocks $ 51,066,899 25.6% Other Investments $ 892,414 0.4% Cash & Other Net Assets $ 3,767,988 1.9% ------------- ------------- Total Investments(1),(2),(3) $ 199,107,738 100.0% ============================= ============= ============= ============= MARKET PERCENTAGE 10 LARGEST HOLDINGS BY ISSUER VALUE OF FUND(1) ----------------------------- ------------- ------------- Ford Motor Credit Co. LLC $ 4,069,554 2.0% Entergy Corp. $ 3,932,500 2.0% FPL Group Inc. $ 3,897,750 2.0% Southern Co. $ 3,850,800 1.9% Centerpoint Energy Inc. $ 3,670,482 1.8% Dominion Resources Inc. $ 3,638,000 1.8% HCA Inc. $ 3,429,506 1.7% Exelon Corp. $ 3,372,600 1.7% GMAC LLC $ 3,093,394 1.6% Charter Communications Holdings(3) $ 2,725,737 1.4% ------------- ------------- Total(2) $ 35,680,323 17.9% ============================= ============= ============= ============= % OF GROSS ASSETS IN DEFAULT: MARKET PERCENTAGE ISSUER(3),(4) VALUE OF FUND(1) ----------------------------- ------------- ------------- Atherton Franchise $ 7,216 0.0% Dex Media $ 918,585 0.5% Fontainebleau Las Vegas $ 24,000 0.0% Station Casinos Inc. $ 256,000 0.1% ------------- ------------- Total(2) $ 1,205,801 0.6% Note: The value of these defaulted securities is reflected in the Fund's net asset value. Percentages are rounded. ============================= ============= ============= ============= Number of positions 168 NAV per share $ 6.25(5) Market price per share $ 5.48(5) Number of shares outstanding 25,131,894 Asset coverage (Investment Company Act) 474.1% Total net assets $ 157,107,738 (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) Effective November 30, 2009, reflects completion of Charter Communications' financial restructuring. (4) Includes issuers that have defaulted or have missed scheduled bond payments. (5) These figures are rounded to two decimal places.