Franklin Universal Trust

Fund Description

The fund seeks to provide high current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation.

Strategy Statement

"The fund focuses on high yield bonds and utility stocks with the goal of providing relatively high yield. We use fundamental research to select a diversified portfolio of high yield corporate bonds and stocks with attractive dividend yields."

Management

Christopher J. Molumphy, CFA

Christopher J. Molumphy, CFA®

  • Joined Franklin Templeton in 1988
  • Managed Fund Since 1988
Glenn Voyles, CFA

Glenn Voyles, CFA®

  • Joined Franklin Templeton in 1993
  • Managed Fund Since 2006

Investing In The Fund

All investments involve risks, including possible loss of principal. Bond prices generally move in the opposite direction of interest rates. As prices of bonds in a fund adjust to a rise in interest rates, the fund's share price may decline. Investments in lower rated bonds include higher risk of default and loss of principal. Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions. In addition to having sensitivity to other factors, securities issued by utility companies have historically been sensitive to interest rate changes. When interest rates fall, utility securities prices, and thus a utilities fund's share price, tend to rise; when interest rates rise, their prices generally fall. For stocks paying dividends, dividends are not guaranteed, and can increase, decrease or be totally eliminated without notice. The fund is actively managed but there is no guarantee that the manager's investment decisions will produce the desired results.


More information

Contact: Transfer Agent

By Mail

American Stock Transfer & Trust Co., LLC
6201 15th Avenue
Brooklyn, NY 11219

General Mail Inquiries:

Franklin Templeton
c/o American Stock Transfer & Trust Co., LLC
6201 15th Avenue
Brooklyn, NY 11219

help@astfinancial.com

Shareholder services

  • Toll Free Phone Number: 1-800/937-5449
  • Hearing Impaired Phone Number: 1-866/703-9077
  • International Phone Number: 718/921-8124
  • Hearing Impaired International Number: 718/921-8386

Online

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Client Web Access

www.astfinancial.com

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