Xcout IntelFranklin Universal Trust competitors & alternatives
The 12 closest competitors and alternatives to Franklin Universal Trust among asset management companies — ranked by similarity to what Franklin Universal Trust actually does, not by market-cap band.
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About Franklin Universal Trust
Established on September 23, 1988, Franklin Universal Trust operates as a U.S.-domiciled, closed-end balanced mutual fund. It was initiated by Franklin Resources, Inc. and is actively managed by Franklin Advisers, Inc. The fund directs its capital towards the public equity and fixed income markets throughout the United States, specifically focusing its equity investments on the utility sector. Employing fundamental analysis, it constructs a diverse portfolio comprising corporate debt instruments and dividend-yielding utility stocks. For performance evaluation, the trust measures its equity holdings against the S&P 500 Electric Utilities Index, while its fixed income components are benchmarked against the Credit Suisse High Yield.
Franklin Universal Trust at a glance
Franklin Universal Trust is an asset management company headquartered in San Mateo, United States. It is publicly listed (FT) with a market capitalisation of $197.8M. Xcout tracks 6 named people at Franklin Universal Trust, including Rupert Harris Johnson Jr. (Chairman and Senior Vice President).
Franklin Universal Trust leadership
- Rupert Harris Johnson Jr.Chairman and Senior Vice President
- Glenn I. VoylesPortfolio Manager
- Edith E HolidayDirector
- Frank Albert OlsonDirector
- John B WilsonDirector
- Mary C ChoksiDirector
Top 12 Franklin Universal Trust competitors
Ranked by semantic similarity — how close each company is to Franklin Universal Trust by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Similar asset management company
Operating as a closed-end equity fund, The Gabelli Utility Trust was initially established by GAMCO Investors, Inc., with its management overseen by Gabelli Funds, LLC. This fund primarily allocates capital to publicly traded companies across global markets, focusing specifically on businesses involved in delivering products, services, or vital equipment for the generation or distribution of essential utilities such as electricity, gas, and water, alongside telecommunications services and broader infrastructure operations. It seeks investment opportunities in companies regardless of their market capitalization. To measure its performance, the fund benchmarks its portfolio against the S&P 500 Utilities Index, the Lipper Utility Fund Average, and the S&P 500 Index. The Gabelli Utility Trust commenced operations on July 9, 1999, and is legally based in the United States.
Similar asset management company
The Invesco Municipal Income Opportunities Trust operates as a closed-end mutual fund specializing in fixed income. Launched by Invesco Ltd. and established on September 19, 1988, this U.S.-domiciled fund targets the fixed income markets within the United States. Its management is collaboratively overseen by several Invesco entities: Invesco Advisers, Inc., INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. The Trust primarily allocates capital to municipal bonds, demanding a minimum credit rating of BB from Standard & Poor's or Ba from Moody's. Portfolio construction employs a fundamental analysis framework, applying a bottom-up approach to security selection. Historically, the fund was recognized as the Morgan Stanley Municipal Income Opportunities Trust.
Similar asset management company
Franklin Resources, Inc. is a publicly owned asset investment manager. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Calgary, Alberta; Dubai, United Arab Emirates; Edinburgh, Midlothian; Fort Lauderdale, Florida; Hyderabad, India; London, Greater London; Rancho Cordova, California; Shanghai, Shanghai Province; Singapore; Stamford, Connecticut; and Vienna.
Similar asset management company
Established on November 22, 2011, the BlackRock Utilities, Infrastructure & Power Opportunities Trust is a U.S.-domiciled closed-ended equity fund, formerly known as BlackRock Utility and Infrastructure Trust. Managed by BlackRock Advisors, LLC, a subsidiary of BlackRock, Inc., the fund actively seeks investment opportunities in publicly traded companies across global markets. Its strategy targets businesses within the utilities and infrastructure sectors, encompassing entities of diverse market capitalizations. A key component of its investment approach includes the strategic use of derivatives, with a particular emphasis on writing options.
Similar asset management company
First Trust provides financial products and investment management services, offering unit investment trusts, exchange-traded funds (ETFs), closed-end funds, mutual funds, and structured investments. The company serves individual and institutional investors seeking diverse asset allocation, income generation, and equity or fixed-income strategies.
Similar asset management company
Sprott Focus Trust, Inc. functions as a closed-end investment vehicle, concentrating its holdings within the public equity markets of the United States. Established and overseen by Sprott Asset Management, LP, the fund also benefits from the co-management expertise of Sprott Asset Management USA Inc. Its investment strategy primarily targets undervalued companies across a diverse array of sectors and market capitalizations. To assess its performance, the trust measures its results against the Russell 3000 Index. Founded on March 2, 1988, and domiciled in the U.S., it was formerly recognized as Royce Focus Trust, Inc.
Similar asset management company
Franklin BSP Capital Corp. is a publicly traded business development company that invests primarily in debt securities and, to a lesser extent, equity of privately held middle-market companies. It provides financing to these businesses, typically through senior secured loans and other credit investments, and is externally managed by an affiliate of Benefit Street Partners, part of Franklin Templeton.
Similar asset management company
The Tri-Continental Corporation operates as a closed-end equity mutual fund, managed by Columbia Management Investment Advisers, LLC. Its core strategy involves investing in publicly traded large-capitalization companies spanning various sectors within the United States equity markets. The fund's investment performance is benchmarked against the S&P 500 Index. Established in January 1929, it is legally domiciled in the United States.
Similar asset management company
Financial 15 Split Corp. is a closed-end equity mutual fund, initially established by Quadravest Inc., with Quadravest Capital Management Inc. serving as its investment manager. The fund's strategy involves allocating capital to publicly traded equities in the United States and Canadian markets. It primarily concentrates its investments in the shares of companies operating within the financial sector. This Canadian-domiciled fund began operations on November 14, 2003.
Similar asset management company
Source Capital, Inc., known by its ticker SOR, is a closed-end, balanced investment fund under the management of First Pacific Advisors, LLC. Its investment mandate primarily targets the public equity markets within the United States, aiming to allocate capital across a broad spectrum of industry sectors. A core tenet of its strategy involves identifying value-oriented equities, specifically within the small and mid-capitalization segments. The construction of its portfolio is driven by a meticulous, bottom-up fundamental analysis. This involves a rigorous screening process that prioritizes companies exhibiting robust liquidity, conservative balance sheets (characterized by low leverage), and a proven long-term capacity to generate superior returns on invested capital. Source Capital's performance is gauged against a trio of prominent market benchmarks: the Russell 2500 Index, the S&P 500 Index, and the Nasdaq Composite Index. The fund itself was established on June 1, 1968, and operates from its base in the United States.
Similar asset management company
Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors. It primarily invests in value stocks of companies, as well as in convertible securities and bonds of various credit ratings. The fund focuses on businesses with essential service or monopolistic characteristics to create its portfolio. It benchmarks the performance of its portfolio against the MSCI Emerging Markets Total Return Index. The fund was formerly known as Utilico Emerging Markets Limited. Utilico Emerging Markets Trust PLC was formed on July 20, 2005 and is domiciled in United Kingdom.
Similar asset management company
The Allspring Multi-Sector Income Fund operates as a closed-end mutual fund, concentrating its investments in fixed-income assets. It was initiated and is primarily overseen by Wells Fargo Funds Management, LLC, with First International Advisors, Inc. and Wells Capital Management Incorporated providing joint management expertise. The fund's strategy involves allocating capital across a diverse range of global debt instruments. Its portfolio is predominantly comprised of a variety of higher-yielding, lower-rated corporate debt, including bank loans, sovereign and corporate debt from international and developing economies, adjustable and fixed-rate mortgage-backed securities, and select investment-grade corporate bonds. This fund was established on June 25, 2003, and maintains its legal domicile in the United States.
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