FT vs IDE Comparison

Franklin Universal Trust is a closed-end management investment company whose primary investment objective is to provide high current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. The company invests mainly in two asset classes: high-yield bonds and utility stocks. Its high-yield bond portfolio consists of a diversified portfolio of bonds selected through fundamental research, while its utility stock portfolio focuses on companies with attractive dividend yields and a history of increasing their dividends.

Voya Infrastructure, Industrials and Materials Fund is a diversified closed-end management investment company. The primary objective of this investment fund is to achieve total return by combining current income, capital gains, and capital appreciation. To achieve this objective, the fund invests in companies that own and/or operate infrastructure facilities in the infrastructure sector, as well as in a broad range of companies in the industrials and materials sectors that the Sub-Adviser believes will benefit from infrastructure building, renovation, expansion, and utilization.