FRANKLIN UNIVERSAL TRUST — Director's Dealing 2008

Sep 2, 2008

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: FRANKLIN UNIVERSAL TRUST (FT)
CIK: 0000833040
Period of Report: 2008-08-29

Reporting Person: METROPOLITAN LIFE INSURANCE CO/NY (Assistant Secretary, 10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Franklin Universal Trust 5.87% Senior Notes due 8-28-13		Direct