The Franklin Limited Duration (FTF, Financial) and Franklin Universal Trust (FT, Financial) funds have announced their monthly dividends. The ex-dividend date for both funds is June 28. Franklin Limited Duration is paying a 10.77-cent dividend with a forward dividend yield of 10.82% and a share price of $11.95. Franklin Universal Trust is paying a 3.2-cent dividend with a forward dividend yield of 5.24% and a share price of $7.33.
Franklin Limited Duration
As of March 31 the Franklin Limited Duration fund’s top 10 holdings included Freddie Mac (FMCC, Financial) and Ginnie Mae (GNMA, Financial) structured debt.
- FHLMC, 4.00%, 2/01/47.
- FHLMC, 4.00%, 4/01/47.
- GNMA II, SF, 3.50%, 4/01/47.
- FNMA, 4.00%, 4/01/47.
- FHLMC, 3.50%, 4/01/47.
- FHLMC, 3.50%, 3/01/47.
- FNMA, 3.50%, 4/01/47.
- FNMA, 3.00%, 4/01/47.
- FHLMC, 3.00%, 4/01/47.
- FHLMC, 3.00%, 4/01/47.
The fund has a year-to-date return of -0.75% and a one-year return of 2.58%.
Franklin Universal Trust
The Franklin Universal Trust invests primarily in dividend-paying publicly traded energy and utilities stocks. As of March 31 top holdings in the Franklin Universal Trust fund included the following:
- Sempra Energy (SRE, Financial).
- NextEra Energy Inc. (NEE, Financial).
- American Electric Power Co. Inc. (AEP, Financial).
The fund has a year-to-date return of 9.73% and a one-year return of 7.64%
Disclosure: I do not own any fund shares of Franklin Limited Duration or Franklin Universal Trust.
