2009-11-03 18:35:02 -
SAN MATEO, CA -- (Marketwire) -- 11/03/09 -- 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, 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 $523 billion in assets under management as of September 30, 2009. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at September 30, 2009
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MARKET PERCENTAGE
SECURITY VALUE OF FUND (1)
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High Yield and Investment Grade
Corporate Bonds & Preferred $ 142,363,831 73.0%
Utilities Common and Preferred
Stocks $ 50,309,611 25.8%
Other Investments $ 917,306 0.5%
Cash & Other Net Assets $ 1,508,449 0.8%
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Total Investments (1,2) $ 195,099,197 100.0%
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MARKET PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER VALUE OF FUND (1)
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FPL Group Inc. $ 4,142,250 2.1%
Entergy Corp. $ 3,993,000 2.0%
Ford Motor Credit Co. LLC $ 3,984,186 2.0%
Southern Co. $ 3,800,400 1.9%
Charter Communications Holdings $ 3,542,000 1.8%
Exelon Corp. $ 3,473,400 1.8%
Dominion Resources Inc. $ 3,450,000 1.8%
Centerpoint Energy Inc. $ 3,438,138 1.8%
HCA Inc. $ 3,326,918 1.7%
GMAC LLC $ 2,649,570 1.4%
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Total (2) $ 35,799,862 18.3%
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% OF GROSS ASSETS IN DEFAULT: MARKET PERCENTAGE
ISSUER (3) VALUE OF FUND (1)
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Atherton Franchise $ 7,216 0.0%
Canwest Media Inc. $ 1,580,000 0.8%
CCH I LLC $ 152,000 0.1%
Charter Communications Holdings $ 3,390,000 1.7%
Dex Media $ 549,915 0.3%
Fontainebleau Las Vegas $ 52,000 0.0%
Idearc Inc. $ 90,000 0.0%
Nortel Networks $ 287,500 0.1%
Station Casinos Inc. $ 387,500 0.2%
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Total (2) $ 6,496,131 3.3%
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 163
NAV per share $ 6.09 (4)
Market price per share $ 5.46 (4)
Number of shares outstanding 25,131,894
Asset coverage (Investment
Company Act) 464.5%
Total net assets $153,099,197
(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
Media: (650) 312-2245
