FT: Stick With CEFs For Multi-Sector Exposure [Seeking Alpha]
Franklin Universal Trust (FT)
US:NYSE Investor Relations:
franklintempleton.com/investor/resources/lit/info/fut-a&role=investor
Company Research
Source: Seeking Alpha
Summary An expensive market argues for turning to multi-sector funds which have the most flexibility in their allocations. Within this space we like closed-end funds over mutual funds and due to strong historic absolute and risk-adjusted returns, a low cost of leverage and active management. We briefly discuss FT which is one of our higher-rated funds in the sector. This article was originally published on January 21st. After a strong and sustained rally, it is hard to find an area of the market that still offers significant value. In this type of environment, funds with the greatest ability and range to look for value offer a lot of appeal. Our main takeaway is that the current market environment is conducive to a multi-sector allocation given the greater flexibility of managers in the sector. Among the different fund structures, we favor CEFs over mutual funds and for their relatively attractive discount valuation, reasonable cost of leverage as well as the superior returns of act
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News
- Franklin Universal Trust (“FT” or the “Fund”) Announces DistributionBusiness Wire
- Franklin Universal Trust (“FT” or the “Fund”) Announces Notification of Sources of DistributionsBusiness Wire
- Franklin Universal Trust declares $0.0425 dividend [Seeking Alpha]Seeking Alpha
- Franklin Universal Trust (“FT” or the “Fund”) Announces DistributionBusiness Wire
- Franklin Universal Trust (“FT” or the “Fund”) Announces Notification of Sources of DistributionsBusiness Wire
FT
Sec Filings
- 11/12/24 - Form N-CEN
- 11/1/24 - Form N-CSR
- 10/23/24 - Form NPORT-P
- FT's page on the SEC website