FRANKLIN UNIVERSAL TRUST
About FRANKLIN UNIVERSAL TRUST
Franklin Universal Trust is a closed-end management investment company focused on providing high current income while preserving capital. Its secondary objective is to achieve income growth through dividend increases and capital appreciation. The fund invests in two asset classes: high-yield bonds and utility stocks. It applies fundamental research to build a diversified high-yield bond portfolio and targets utility companies with attractive dividend yields and a history of increasing dividends.
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Financial summary
- Market cap
- $199.3M
- Market cap
- $199.3M
- Dividend yield
- 6.46%
- Shares outstanding
- 25.2M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Sep 23, 1988
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Trading 5% below its 52-week high.
- Pays a dividend yielding about 6.46% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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