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Posted by
Two Blokes Jul 17 -
Filed in
Stock
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Franklin Universal Trust offers a blend of junk bonds and utility stocks, aiming for high income and some inflation protection versus pure bond funds. The fund's yield is comparable to junk bond indices, but it has lagged its peers in terms of total return over the past decade. Despite underperformance, FT has outpaced inflation and bond indices over the past decade, making it a reasonable choice for retirees seeking purchasing power preservation.
