CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Franklin Universal Trust (FT)

Taxable Bond Funds - Multisector Bond Funds

Data as of Oct. 18, 2019
Market Price $7.48 (+ $0.01)
NAV (Oct. 18, 2019) $8.64 (+ $0.02)
Premium / Discount -13.43% (-0.08%)
Fund Info
Inception Sept. 23, 1988
Sponsor Franklin Advisers
Website https://www.franklinte...
Phone (800) 632-2301
Objective: High current income and preservation of capital; debt, equity, precious metal and natural resources securities
Capital & Leverage
Outstanding Shares 25,131,894
Total Assets (Reported: Feb. 28, 2019) $272M
Estimated Total Assets $282M
Net Assets $217M
Market Cap $188M
Purchases Turnover 29.27%
Sales Turnover 28.51%
Total Leverage 22.92%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.46%
Non Lev Exp Ratio 1.19%
Rel Lev Cost 4.16%
Discount Data
Average Discount (3 Yr) -13.87%
Discount Low(3 Yr) -17.79%
Discount High(3 Yr) -10.18%
Discount Rel Range 57.40%
Comp Discount -16.35
Discount St Dev (1Yr) 1.42
Z-Stat (6mo) 0.57
Z-Stat (1Yr) 1.16
Z-Stat (3Yr) 0.26
Comp Z-Stat (6mo) -0.41
Comp Z-Stat (3Yr) -0.77
Distribution Data
Market Yield 5.13%
Income Yield 5.13%
Lev Adj NAV Yield 3.62%
Distribution Frequency M
Current Distribution $0.032
Current Income $0.032
Ex-Date 9/27/19
Payable Date 10/15/19
Div Growth (3yr) 0.00%
Dividend Change -19.0% on 8/19/16
Expected Div 10/18/19
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2018 2016 - 2018
Income 100% 100%
ST Gains 0% 0%
QDI 31.9% 31.1%
LT Gains 0% 0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (M) $342
Avg Volume 30 day 34,486
Avg Volume 90 day 45,760
Volume Trend -24.64%
Comp Volume Trend -22.10%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Multisector Bond Fund Index
Most Correlated Peer (Mk Pr): RA 72.0%
NAV - Price Correlation (30 d) 82.2%
NAV - Price Correlation (90 d) 83.0%
NAV - Price Correlation (1 Yr) 97.5%
Price St Dev (1Yr) 8.6%
NAV St Dev (1Yr) 7.0%
Earnings / Share (2/28/19) $0.032
Earn Coverage 99.38%
Earnings Trend Down
UNII / Share (2/28/19) $-0.015
Rel UNII -3.85
UNII Trend Up
Bond Specific Data
Maturity 5.00
Duration 3.12
Credit Rating (rbo) B
Investment Grade 1.24%
Non Investment Grade 66.22%
Unrated Bonds 32.53%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Multisector Bond Fund Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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