About: 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.
Sector: Financial Services
Industry: Asset Management
Latest price: $7.64 (-0.65%)
FTNYSEFranklin Universal Closed Fund
Franklin Universal Closed Fund share price
FT price activity
Last Price
$7.640
Change (24hr)
-0.05 USD (-0.65%)
Volume
58.85K
Volume (4w avg)
-
Open
$7.67
Day Range
$7.64 - $7.69
Previous Close
$7.69
Last Trade
09 Sep, 8:00 pm GMT+0
Delayed
09 Sep, 8:00 pm GMT+0
FT price performance
Delayed
09 Sep, 8:00 pm GMT+0
FT Market Signals