FT News and Press, Franklin Universal Trust From 07/14/21

Wedbush analyst Dan Ives says cloud and cyber security stocks such as Palo Also Networks ([[PANW]] -0.3%) and Fortinet ([[FT]] +0.1%) should lead a strong earnings season across the tech sector.Ives says business spending on cloud and cyber security is "poised to soar" in the wake of the Colo...

20 out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. GAB rights offering is now live. IGA/IGD/IDE tender results were pleasing, DEX tender coming up. DSE to merge into an open-ended fund soon. Portfolio holdings: distribution boost...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. With discounts contracting, few non-muni income choices are attractively valued anymore. For further details see: The Quality Closed-End Fund Report, April 2021

FT's discount still remains wide for a hybrid utilities/bond fund. It may be an attractive choice for the relatively conservative investor. FT has a discount of -12.46% and an annual yield of 4.92%, paid monthly. For further details see: A Pocket Of Value Left In Frankli...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. The market downturn last year exposed the risk of high volatility and deep drawdowns with investing in close...

For the fifth month in a row, equity CEFs on average posted positive returns, rising 2.77% on an NAV basis for March. While for the eleventh month in 12 fixed income CEFs posted plus-side returns (+0.45%). Twenty-four percent of all CEFs traded at a premium to their NAV, with 23% ...

Several of the utility/infrastructure funds in the CEF space are quite popular. They are a good fit for a CEF portfolio; providing steady income and steady appreciation due to their stability. Looking at a review of past performance, valuation, distribution and what looks potentia...

Franklin Universal Trust (FT) had declared $0.032/share monthly dividend, in line with previous.Payable Jan. 15; for shareholders of record Dec. 31; ex-div Dec. 30.See FT Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Franklin Universal Trust goes ...

For the second consecutive month, equity CEFs on average posted negative returns, declining 0.41% on a NAV basis for October. While for the seventh month in a row, fixed income CEFs witnessed returns in the black (+0.03%). Only 11% of all CEFs traded at a premium to their NAV, wit...

Multi-asset investing has grown dramatically in popularity during the last decade. This segment of the market has been relatively underserved by benchmark providers historically. Many multi-asset funds have operated without a formal benchmark or have relied on peer group approache...