Franklin Universal Trust [NYSE: FT] today announced a Portfolio Management Team update.

Effective June 30, 2026, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:

• Glenn Voyles
• Jon Belk
• Robert L. Salvin
• Bryant Dieffenbacher

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.

The Fund’s shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss.

For further information on Franklin Universal Trust, please
visit our web site at: www.franklintempleton.com

Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity.

With approximately $1.68 trillion in assets under management as of March 31, 2026, Franklin Templeton operates globally in more than 35 countries.

To learn more, visit franklintempleton.com and follow us on LinkedIn.

Franklin Resources, Inc. [NYSE: BEN].

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