Franklin Universal Trust Reports Asset Allocation.SAN MATEO, Calif. -- Franklin Universal Trust (NYSE NYSE See: New York Stock Exchange :FT), a closed-end investment company closed-end investment company: see mutual fund. managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE closing price as of December 31, 2006. Franklin Advisers, Inc., is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Franklin Resources, Inc. (NYSE:BEN), a global investment management organization operating as Franklin Templeton Investments Franklin Resources Inc. NYSE: BEN is an investment firm originally founded in New York in 1947 as Franklin Distributors, Inc. It is listed on the NYSE under the ticker BEN as in Benjamin Franklin, whom founder Charlie Johnson admired. . Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series and Fiduciary Trust investment teams. The San Mateo, CA-based company has more than 50 years of investment experience and over $552 billion in assets under management as of December 31, 2006. For more information, please call 1-800/DIAL BEN([R])or visit franklintempleton.com. [TABLE OMITTED] |
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