Franklin Templeton Announces Distributions for Certain Closed-End Funds for the Months of January, February and March 2026

Franklin Templeton has announced the distribution details for certain closed-end funds for January, February, and March of 2026. The distributions, declared by the Board of Directors, will follow a consistent monthly amount of $0.0425 for the Franklin Universal Trust (ticker: FT) across all three months. The key dates for these distributions are as follows:

- **January 2026**: Record Date - January 23, Ex-Dividend Date - January 23, Payable Date - January 30 - **February 2026**: Record Date - February 20, Ex-Dividend Date - February 20, Payable Date - February 27 - **March 2026**: Record Date - March 24, Ex-Dividend Date - March 24, Payable Date - March 31

It's important to note that this announcement is not meant for tax reporting purposes. Should the source of any monthly distribution include elements beyond net investment income, the funds will provide notifications to shareholders detailing the estimated sources. Detailed information regarding these distributions can be accessed on each fund's website.

In early 2027, shareholders will receive a Form 1099-DIV for tax purposes, outlining the characteristics of the distributions made during the previous calendar year, which may include ordinary income, long-term capital gain, or return of capital. Investors seeking more information can reach out to Fund Investor Services at 1-888-777-0102 or visit the Franklin Templeton closed-end funds website.

Investors are reminded that shares of the funds are traded on the NYSE and may fluctuate in value. Investing in closed-end funds comes with risks, including the potential for loss, especially when trading at a discount to their net asset value.

Franklin Templeton's recent announcement regarding distributions for certain closed-end funds for January, February, and March 2026 raises important considerations for investors. The declared distributions for the Franklin Universal Trust are consistent at $0.0425 per share across all three months, signaling stability in income generation amid fluctuating market conditions.

Investors should take note of the consistency in distributions as it may indicate the fund's management confidence in maintaining net investment income under current economic conditions. However, it's crucial to understand that these distributions may not solely arise from earnings; they could also include return of capital or other income sources, which could impact the investment's overall sustainability in the long run.

The ex-dividend dates and payable dates are critical for potential investors. To receive the distribution for January, buyers must purchase shares before the ex-dividend date of January 23, 2026. A careful review of timing and market trends leading up to these dates may aid in optimizing investment positions. Investors should also remain cognizant that closed-end funds often trade at discounts to their net asset values, which could enhance yield but entails additional market risk.

Furthermore, monitoring tax implications is essential. While the distributions are not for tax reporting purposes at this stage, shareholders should anticipate receiving Form 1099-DIV in early 2027 that will clarify the nature of the distributions. Understanding whether these payments constitute ordinary income, capital gains, or return of capital will be pivotal in assessing the net benefits of the investment.

In summary, while Franklin Templeton’s distribution announcement reflects steady income for its investors, analyzing the underlying factors and potential risks is vital. Investors should weigh the advantages of consistent income against market volatility and potential changes in tax implications to make informed decisions.