Franklin Universal Trust is a US-based company operating in industry. The company is headquartered in San Mateo, California. Franklin Universal Trust (the Fund) is a closed-end management investment company. The Fund’s primary investment objective is to provide high, current income consistent with preservation of capital. The Fund’s secondary objective is growth of income through dividend increases and capital appreciation. The Fund invests primarily two asset classes: high-yield bonds and utility stocks. Within the high yield portion of the portfolio, the Fund uses fundamental research to invest in a diversified portfolio of bonds. Within the utility portion of the portfolio, the Fund focuses on companies with attractive dividend yields and with a history of increasing their dividends. The Fund invests in various sectors, including electric utilities; metals & mining; multi-utilities; oil, gas & consumable fuels; pharmaceuticals; aerospace & defense; automobile components; biotechnology; building products, and commercial services & supplies. The Fund’s investment manager is Franklin Advisers, Inc.
Follow-Up Questions
What is Franklin Universal Trust (FT)'s P/E Ratio?
The P/E ratio of Franklin Universal Trust is 5.8616
What is the price performance of FT stock?
The current price of FT is $7.84, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Franklin Universal Trust?
Franklin Universal Trust belongs to N/A industry and the sector is N/A
What is Franklin Universal Trust market cap?
Franklin Universal Trust's current market cap is $197.0M
