SAN MATEO, CA -- (Marketwire) -- 02/02/12 -- 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 December 31, 2011.
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 $670 billion in assets under management as of December 31, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at DECEMBER 31, 2011
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MARKET PERCENTAGE
SECURITY VALUE OF FUND (1)
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High Yield and Investment Grade
Corporate Bonds & Preferred
Securities $147,938,686 66.9%
Utilities - Common & Preferred
Stocks $68,585,739 31.0%
Other Investments $649,003 0.3%
Cash & Other Net Assets $3,994,110 1.8%
Total Investments (1,2) $221,167,538 100.0%
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MARKET PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER VALUE OF FUND (1)
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Dominion Resources Inc. $5,308,000 2.4%
Southern Co. $5,022,465 2.3%
Entergy Corp. $3,652,500 1.7%
Duke Energy Corp. $3,520,000 1.6%
Centerpoint Energy Inc. $3,411,282 1.5%
Pinnacle West Capital Corp. $3,372,600 1.5%
Alliant Energy Corp. $3,215,619 1.5%
Edison International $3,105,000 1.4%
American Electric Power Co. Inc. $3,098,250 1.4%
Nextera Energy Inc. $3,044,000 1.4%
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Total (2) $36,749,716 16.6%
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% OF GROSS ASSETS IN DEFAULT: MARKET PERCENTAGE
ISSUER(3) VALUE OF FUND (1)
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American Airlines $1,080,000 0.5%
Fontainebleau Las Vegas $1,000 0.0%
Newpage Corp. $1,117,500 0.5%
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Total (2) $2,198,500 1.0%
Note: The value of these defaulted securities is reflected in the Fund's net
asset value. Percentages are rounded.
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Number of positions 222
NAV per share $7.13(4)
Market price per share $6.69(4)
Number of shares outstanding 25,131,894
Total net assets $179,167,538
(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:
Franklin Templeton Investments
Shareholders/Financial Advisors: (800) 342-5236