For
more information, please contact Franklin Templeton at 1-800-342-5236.
FRANKLIN
UNIVERSAL TRUST (“FT” or the “Fund”)
ANNOUNCES
NOTIFICATION OF SOURCES OF DISTRIBUTIONS
San
Mateo, CA, September 29, 2025.
Franklin
Universal Trust [NYSE: FT]:
The Fund’s
estimated sources of the distribution to be paid on September 30, 2025, and for
the fiscal year 2025 year-to-date are as follows:
Estimated Allocations for September
Monthly Distribution as of August 31, 2025:
Cumulative Estimated Allocations fiscal
year-to-date as of August 31, 2025, for the fiscal year ending August 31, 2025:
Shareholders should not draw any conclusions about the Fund’s investment
performance from the amount of the current distribution or from the terms of
the Fund’s Distribution Policy. FT estimates that it has distributed more than
its income and net realized capital gains; therefore, a portion of the FT
distribution to shareholders may be a return of capital. A return of capital
may occur, for example, when some or all of the money that a shareholder
invested in a Fund is paid back to them. A return of capital distribution does
not necessarily reflect FT’s investment performance and should not be confused
with ‘yield’ or ‘income’. The amounts and sources of distributions reported
herein are only estimates and are not being provided for tax reporting
purposes. The actual amounts and sources of the amounts for tax reporting
purposes will depend upon the Fund’s investment experience during the remainder
of its fiscal year and may be subject to changes based on tax regulations. The
Fund will send a Form 1099-DIV to shareholders for the calendar year that will
describe how to report the Fund’s distributions for federal income tax purposes.
Average
Annual Total Return (in relation to the change in net asset value (NAV) for
the 5-year period ended on 8/31/2025)1 |
Annualized
Distribution Rate (as a percentage of NAV for the current fiscal period
through 8/31/2025)2 |
Cumulative
Total Return (in relation to the change in NAV for the fiscal period through 8/31/2025)3 |
Cumulative
Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 8/31/2025)4 |
|
|
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Fund Performance
and Distribution Rate Information:
Average Annual
Total Return in relation to NAV represents the compound average of the Annual
NAV Total Returns of the Fund for the five-year period ended through August 31,
2025. Annual NAV Total Return is the percentage change in the Fund’s NAV over a
year, assuming reinvestment of distributions paid.
The Annualized Distribution
Rate is the current fiscal period’s distribution rate annualized as a
percentage of the Fund’s NAV through August 31, 2025.
Cumulative Total
Return is the percentage change in the Fund’s NAV from August 31, 2024 through
August 31, 2025, assuming reinvestment of distributions paid.
The Cumulative
Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for
the fiscal period August 31, 2024 through August 31, 2025, as a percentage of
the Fund’s NAV as of August 31, 2025.
The Fund’s primary investment objective is to provide high, current income
consistent with preservation of capital. Its secondary objective is growth of
income through dividend increases and capital appreciation. Distributions may
vary based on the Fund’s net investment income. Past distributions are not
indicative of future trends.
For
further information on Franklin Universal Trust, please visit our web site at:
www.franklintempleton.com
Franklin Resources,
Inc. is a global investment management organization with subsidiaries operating
as Franklin Templeton and serving clients in over 150 countries. Franklin
Templeton’s mission is to help clients achieve better outcomes through
investment management expertise, wealth management and technology solutions.
Through its specialist investment managers, the company offers specialization
on a global scale, bringing extensive capabilities in fixed income, equity,
alternatives and multi-asset solutions. With more than 1,500 investment
professionals, and offices in major financial markets around the world, the
California-based company has over 75 years of investment experience and $1.64
trillion in assets under management as of August 31, 2025. For more
information, please visit franklintempleton.com.
For
more information, please contact Franklin Templeton at 1-800-342-5236.
FRANKLIN
UNIVERSAL TRUST (“FT” or the “Fund”)
ANNOUNCES
NOTIFICATION OF SOURCES OF DISTRIBUTIONS
San
Mateo, CA, October 30, 2025.
Franklin
Universal Trust [NYSE: FT]:
The Fund’s
estimated sources of the distribution to be paid on October 31, 2025, and for the
fiscal year 2026 year-to-date are as follows:
Estimated Allocations for October Monthly
Distribution as of September 30, 2025:
Cumulative Estimated Allocations fiscal
year-to-date as of September 30, 2025, for the fiscal year ending August 31,
2026:
Shareholders should not draw any conclusions about the Fund’s investment
performance from the amount of the current distribution or from the terms of
the Fund’s Distribution Policy. FT estimates that it has distributed more than
its income and net realized capital gains; therefore, a portion of the FT
distribution to shareholders may be a return of capital. A return of capital
may occur, for example, when some or all of the money that a shareholder
invested in a Fund is paid back to them. A return of capital distribution does
not necessarily reflect FT’s investment performance and should not be confused
with ‘yield’ or ‘income’. The amounts and sources of distributions reported
herein are only estimates and are not being provided for tax reporting
purposes. The actual amounts and sources of the amounts for tax reporting
purposes will depend upon the Fund’s investment experience during the remainder
of its fiscal year and may be subject to changes based on tax regulations. The
Fund will send a Form 1099-DIV to shareholders for the calendar year that will
describe how to report the Fund’s distributions for federal income tax purposes.
Average
Annual Total Return (in relation to the change in net asset value (NAV) for
the 5-year period ended on 9/30/2025)1 |
Annualized
Distribution Rate (as a percentage of NAV for the current fiscal period
through 9/30/2025)2 |
Cumulative
Total Return (in relation to the change in NAV for the fiscal period through 9/30/2025)3 |
Cumulative
Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 9/30/2025)4 |
|
|
|
|
|
Fund Performance
and Distribution Rate Information:
Average
Annual Total Return in relation to NAV represents the compound average of the
Annual NAV Total Returns of the Fund for the five-year period ended through
September 30, 2025. Annual NAV Total Return is the percentage change in the
Fund’s NAV over a year, assuming reinvestment of distributions paid.
The
Annualized Distribution Rate is the current fiscal period’s distribution rate
annualized as a percentage of the Fund’s NAV through September 30, 2025.
Cumulative
Total Return is the percentage change in the Fund’s NAV from August 31, 2025
through September 30, 2025, assuming reinvestment of distributions paid.
The
Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of
distributions for the fiscal period August 31, 2025 through September 30, 2025,
as a percentage of the Fund’s NAV as of September 30, 2025.
The Fund’s primary investment objective is
to provide high, current income consistent with preservation of capital. Its
secondary objective is growth of income through dividend increases and capital
appreciation. Distributions may vary based on the Fund’s net investment
income. Past distributions are not indicative of future trends.
For
further information on Franklin Universal Trust, please visit our web site at:
www.franklintempleton.com
Franklin Resources,
Inc. is a global investment management organization with subsidiaries operating
as Franklin Templeton and serving clients in over 150 countries. Franklin
Templeton’s mission is to help clients achieve better outcomes through
investment management expertise, wealth management and technology solutions.
Through its specialist investment managers, the company offers specialization
on a global scale, bringing extensive capabilities in fixed income, equity,
alternatives and multi-asset solutions. With more than 1,500 investment
professionals, and offices in major financial markets around the world, the
California-based company has over 75 years of investment experience and $1.66
trillion in assets under management as of September 30, 2025. For more
information, please visit franklintempleton.com.
For
more information, please contact Franklin Templeton at 1-800-342-5236.
FRANKLIN
UNIVERSAL TRUST (“FT” or the “Fund”)
ANNOUNCES
NOTIFICATION OF SOURCES OF DISTRIBUTIONS
San
Mateo, CA, November 26, 2025.
Franklin
Universal Trust [NYSE: FT]:
The Fund’s
estimated sources of the distribution to be paid on November 28, 2025, and for the
fiscal year 2026 year-to-date are as follows:
Estimated Allocations for November Monthly
Distribution as of October 31, 2025:
Cumulative Estimated Allocations fiscal
year-to-date as of October 31, 2025, for the fiscal year ending August 31, 2026:
Shareholders should not draw any conclusions about the Fund’s investment
performance from the amount of the current distribution or from the terms of
the Fund’s Distribution Policy. FT estimates that it has distributed more than
its income and net realized capital gains; therefore, a portion of the FT
distribution to shareholders may be a return of capital. A return of capital
may occur, for example, when some or all of the money that a shareholder
invested in a Fund is paid back to them. A return of capital distribution does
not necessarily reflect FT’s investment performance and should not be confused
with ‘yield’ or ‘income’. The amounts and sources of distributions reported
herein are only estimates and are not being provided for tax reporting
purposes. The actual amounts and sources of the amounts for tax reporting
purposes will depend upon the Fund’s investment experience during the remainder
of its fiscal year and may be subject to changes based on tax regulations. The
Fund will send a Form 1099-DIV to shareholders for the calendar year that will
describe how to report the Fund’s distributions for federal income tax purposes.
Average
Annual Total Return (in relation to the change in net asset value (NAV) for
the 5-year period ended on 10/31/2025)1 |
Annualized
Distribution Rate (as a percentage of NAV for the current fiscal period
through 10/31/2025)2 |
Cumulative
Total Return (in relation to the change in NAV for the fiscal period through 10/31/2025)3 |
Cumulative
Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 10/31/2025)4 |
|
|
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|
|
Fund Performance
and Distribution Rate Information:
Average Annual
Total Return in relation to NAV represents the compound average of the Annual
NAV Total Returns of the Fund for the five-year period ended through October
31, 2025. Annual NAV Total Return is the percentage change in the Fund’s NAV
over a year, assuming reinvestment of distributions paid.
The Annualized
Distribution Rate is the current fiscal period’s distribution rate annualized
as a percentage of the Fund’s NAV through October 31, 2025.
Cumulative Total
Return is the percentage change in the Fund’s NAV from August 31, 2025 through
October 31, 2025, assuming reinvestment of distributions paid.
The Cumulative
Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for
the fiscal period August 31, 2025 through October 31, 2025, as a percentage of
the Fund’s NAV as of October 31, 2025.
The Fund’s primary investment objective is
to provide high, current income consistent with preservation of capital. Its
secondary objective is growth of income through dividend increases and capital
appreciation. Distributions may vary based on the Fund’s net investment
income. Past distributions are not indicative of future trends.
For
further information on Franklin Universal Trust, please visit our web site at:
www.franklintempleton.com
Franklin Resources,
Inc. is a global investment management organization with subsidiaries operating
as Franklin Templeton and serving clients in over 150 countries. Franklin
Templeton’s mission is to help clients achieve better outcomes through
investment management expertise, wealth management and technology solutions.
Through its specialist investment managers, the company offers specialization
on a global scale, bringing extensive capabilities in fixed income, equity,
alternatives and multi-asset solutions. With more than 1,500 investment
professionals, and offices in major financial markets around the world, the
California-based company has over 75 years of investment experience and $1.69
trillion in assets under management as of October 31, 2025. For more
information, please visit franklintempleton.com.
For
more information, please contact Franklin Templeton at 1-800-342-5236.
FRANKLIN
UNIVERSAL TRUST (“FT” or the “Fund”)
ANNOUNCES
NOTIFICATION OF SOURCES OF DISTRIBUTIONS
San
Mateo, CA, December 30, 2025.
Franklin
Universal Trust [NYSE: FT]:
The Fund’s
estimated sources of the distribution to be paid on December 31, 2025, and for the
fiscal year 2026 year-to-date are as follows:
Estimated Allocations for December Monthly
Distribution as of November 30, 2025:
Cumulative Estimated Allocations fiscal
year-to-date as of November 30, 2025, for the fiscal year ending August 31,
2026:
Shareholders should not draw any conclusions about the Fund’s investment
performance from the amount of the current distribution or from the terms of
the Fund’s Distribution Policy. FT estimates that it has distributed more than
its income and net realized capital gains; therefore, a portion of the FT
distribution to shareholders may be a return of capital. A return of capital
may occur, for example, when some or all of the money that a shareholder
invested in a Fund is paid back to them. A return of capital distribution does
not necessarily reflect FT’s investment performance and should not be confused
with ‘yield’ or ‘income’. The amounts and sources of distributions reported
herein are only estimates and are not being provided for tax reporting
purposes. The actual amounts and sources of the amounts for tax reporting
purposes will depend upon the Fund’s investment experience during the remainder
of its fiscal year and may be subject to changes based on tax regulations. The
Fund will send a Form 1099-DIV to shareholders for the calendar year that will
describe how to report the Fund’s distributions for federal income tax purposes.
Average
Annual Total Return (in relation to the change in net asset value (NAV) for
the 5-year period ended on 11/30/2025)1 |
Annualized
Distribution Rate (as a percentage of NAV for the current fiscal period
through 11/30/2025)2 |
Cumulative
Total Return (in relation to the change in NAV for the fiscal period through 11/30/2025)3 |
Cumulative
Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 11/30/2025)4 |
|
|
|
|
|
Fund Performance
and Distribution Rate Information:
Average Annual
Total Return in relation to NAV represents the compound average of the Annual
NAV Total Returns of the Fund for the five-year period ended through November
30, 2025. Annual NAV Total Return is the percentage change in the Fund’s NAV
over a year, assuming reinvestment of distributions paid.
The Annualized
Distribution Rate is the current fiscal period’s distribution rate annualized
as a percentage of the Fund’s NAV through November 30, 2025.
Cumulative Total
Return is the percentage change in the Fund’s NAV from August 31, 2025 through
November 30, 2025, assuming reinvestment of distributions paid.
The Cumulative
Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for
the fiscal period August 31, 2025 through November 30, 2025, as a percentage of
the Fund’s NAV as of November 30, 2025.
The Fund’s primary investment objective is
to provide high, current income consistent with preservation of capital. Its
secondary objective is growth of income through dividend increases and capital
appreciation. Distributions may vary based on the Fund’s net investment
income. Past distributions are not indicative of future trends.
For
further information on Franklin Universal Trust, please visit our web site at:
www.franklintempleton.com
Franklin Resources,
Inc. is a global investment management organization with subsidiaries operating
as Franklin Templeton and serving clients in over 150 countries. Franklin
Templeton’s mission is to help clients achieve better outcomes through
investment management expertise, wealth management and technology solutions.
Through its specialist investment managers, the company offers specialization
on a global scale, bringing extensive capabilities in fixed income, equity,
alternatives and multi-asset solutions. With more than 1,500 investment
professionals, and offices in major financial markets around the world, the
California-based company has over 75 years of investment experience and $1.67
trillion in assets under management as of November 30, 2025. For more
information, please visit franklintempleton.com.
Franklin Templeton Announces
Availability of 19(a) Notices for Certain Closed-End Funds:
The
following table provides estimates of the sources of the funds’ monthly
distributions that have a payable date of January 30, 2026. These estimates are
based on the funds’ fiscal year-to-date activities.
January
2026 Distributions |
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Estimated
sources of distributions |
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Net
realized short-term capital gains |
Net
realized long-term capital gains |
|
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|
|
|
|
|
|
This information is being provided
pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, to
announce the amount of each fund’s distributions and should not be used for tax
reporting purposes. In early 2027, after definitive information is available,
the Fund will send shareholders a Form 1099-DIV specifying how the
distributions paid by the Fund during calendar year 2026 have been
characterized for purposes of reporting the distributions on a shareholder’s
tax returns. The Fund will also post Form 8937 to the Franklin Templeton
website:
https://www.franklintempleton.com/tools-and-resources/tax-center
if all or any
portion of the distributions are characterized as a tax return of capital after
the close of the Fund’s fiscal year-end.
Shareholders should not draw any
conclusions about the Fund’s investment performance from the amount of the
current distribution or from the terms of the Fund’s Dividend Reinvestment Plan
.
Franklin Templeton Announces
Availability of 19(a) Notices for Certain Closed-End Funds:
The
following table provides estimates of the sources of the funds’ monthly
distributions that have a payable date of February 27, 2026. These estimates
are based on the funds’ fiscal year-to-date activities.
February
2026 Distributions |
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|
Estimated
sources of distributions |
|
|
|
|
|
Net
realized short-term capital gains |
Net
realized long-term capital gains |
|
|
|
|
|
|
|
|
|
This information is being provided
pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, to
announce the amount of each fund’s distributions and should not be used for tax
reporting purposes. In early 2027, after definitive information is available,
the Fund will send shareholders a Form 1099-DIV specifying how the
distributions paid by the Fund during calendar year 2026 have been
characterized for purposes of reporting the distributions on a shareholder’s
tax returns. The Fund will also post Form 8937 to the Franklin Templeton
website:
https://www.franklintempleton.com/tools-and-resources/tax-center
if all or any
portion of the distributions are characterized as a tax return of capital after
the close of the Fund’s fiscal year-end.
Shareholders should not draw any
conclusions about the Fund’s investment performance from the amount of the
current distribution or from the terms of the Fund’s Dividend Reinvestment Plan
.