SAN MATEO, CA -- (Marketwire) -- 11/01/10 -- 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 September 30, 2010.
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 $644 billion in assets under management as of September 30, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at SEPTEMBER 30, 2010
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MARKET PERCENTAGE
SECURITY VALUE OF FUND(1)
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High Yield and Investment Grade
Corporate Bonds & Preferred $146,101,280 68.7%
Utilities Common and Preferred
Stocks $61,102,754 28.7%
Other Investments $1,727,192 0.8%
Cash & Other Net Assets $3,612,948 1.7%
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Total Investments (1,2) $212,544,174 100.0%
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MARKET PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER VALUE OF FUND(1)
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Southern Co. $4,468,800 2.1%
Dominion Resources Inc. $4,366,000 2.1%
Centerpoint Energy Inc. $4,348,152 2.0%
Entergy Corp. $3,826,500 1.8%
HCA Inc. $3,655,463 1.7%
Alliant Energy Corp. $3,089,750 1.5%
Exelon Corp. $2,980,600 1.4%
Pinnacle West Capital Corp. $2,888,900 1.4%
Duke Energy Corp. $2,833,600 1.3%
Nextera Energy Inc. $2,719,500 1.3%
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Total(2) $35,177,265 16.6%
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% OF GROSS ASSETS IN DEFAULT: MARKET PERCENTAGE
ISSUER(3) VALUE OF FUND(1)
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Fontainebleau Las Vegas $8,240 0.0%
Station Casinos Inc. $2,040 0.0%
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Total(2) $10,280 0.0%
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 194
NAV per share $ 6.79(4)
Market price per share $ 6.52(4)
Number of shares outstanding 25,131,894
Total net assets $ 170,544,173
(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
