Franklin Universal Trust (FT)

Franklin Universal Trust stock is traded at $7.48, with a volume of 13,391. It is up +0.54% in the last 24 hours and up +4.47% over the past month. Franklin Universal Trust is a closed-end management investment company focused on providing high current income while preserving capital. Its secondary objective is to achieve income growth through dividend increases and capital appreciation. The fund invests in two asset classes: high-yield bonds and utility stocks. It applies fundamental research to build a diversified high-yield bond portfolio and targets utility companies with attractive dividend yields and a history of increasing dividends.