Franklin Universal Trust (FT)

6.72 -0.01 (-0.15%) At close: 03:58PM EDT

Franklin Universal Trust

One Franklin Parkway
Building 970, 1st Floor
San Mateo, CA 94403
United States
650 312 3000
https://www.franklintempleton.com/retail/jsp_app/products/closed_end_fund.jsp?fundNumber=002

Sector(s): Financial Services
Industry: Asset Management
Full-time employees: 

Description

Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in the public equity and fixed income markets of the United States. The fund invests in companies operating in utility sector. It employs fundamental analysis to invest in a diversified portfolio of corporate bonds and dividend paying utility stocks. The fund benchmarks the equity component of its balanced portfolio against the S&P 500 Electric Utilities Index and the fixed component against the Credit Suisse High Yield. Franklin Universal Trust was formed on September 23, 1988 and is domiciled in the United States.

Corporate governance

Franklin Universal Trust’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.