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.
Frequently asked questions
What sector does Franklin Universal Closed Fund (FT) operate in?
Franklin Universal Closed Fund belongs to the Financials sector and operates in the Asset Management industry.
What is Franklin Universal Closed Fund (FT) current stock price?
As of the latest data, Franklin Universal Closed Fund stock price is $7.86, with a previous close of $7.87. Franklin Universal Closed Fund lost -$0.01 in the last trading session, representing a -0.13% loss.
What is Franklin Universal Closed Fund (FT) current market capitalization?
Franklin Universal Closed Fund market cap is approximately 197.54 million.
What is Franklin Universal Closed Fund (FT) Earnings Per Share (EPS)?
The trailing EPS is $1.30.
What is Franklin Universal Closed Fund (FT) Price-to-Earnings (P/E) ratio?
Franklin Universal Closed Fund current P/E ratio is 6.05.
What is Franklin Universal Closed Fund (FT) EBITDA?
Franklin Universal Closed Fund EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 23.28 million.
Does Franklin Universal Closed Fund (FT) pay dividends?
Yes. Franklin Universal Closed Fund pays monthly dividends with an annualized yield of 6.49% and an estimated annual payout of $0.51 per share.
When is the next ex-dividend date for Franklin Universal Closed Fund (FT)?
The next ex-dividend date is scheduled for August 24, 2026.
What is Franklin Universal Closed Fund (FT) beta (volatility) score?
Franklin Universal Closed Fund has a beta of 0.644, indicating lower volatility than the overall market.
