SAN MATEO, CA -- (Marketwire) -- 05/02/11 -- 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 March 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 $703 billion in assets under management as of March 31, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at MARCH 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 $ 151,592,055 69.1%
Utilities Common and Preferred
Stocks $ 64,818,809 29.5%
Other Investments $ 1,165,519 0.5%
Cash & Other Net Assets $ 1,939,829 0.9%
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Total Investments (1,2) $ 219,516,212 100.0%
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MARKET PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER VALUE OF FUND (1)
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Centerpoint Energy Inc. $ 4,857,096 2.2%
Southern Co. $ 4,573,200 2.1%
Dominion Resources Inc. $ 4,470,000 2.0%
HCA Inc. $ 3,691,330 1.7%
Entergy Corp. $ 3,360,500 1.5%
Alliant Energy Corp. $ 3,309,050 1.5%
Pinnacle West Capital Corp. $ 2,995,300 1.4%
Duke Energy Corp. $ 2,904,000 1.3%
Exelon Corp. $ 2,886,800 1.3%
Nextera Energy Inc. $ 2,756,000 1.3%
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Total (2) $ 35,803,276 16.3%
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% OF GROSS ASSETS IN DEFAULT: MARKET PERCENTAGE
ISSUER (3) VALUE OF FUND (1)
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Fontainebleau Las Vegas $ 8,000 0.0%
Station Casinos Inc. $ 240 0.0%
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Total (2) $ 8,240 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 219
NAV per share $ 7.06 (4)
Market price per share $ 6.48 (4)
Number of shares outstanding 25,131,894
Total net assets $ 177,516,212
(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
