Is frifx a good fund to invest in for 5 years

**Franklin Universal Trust (FT) appears to be a reasonable long-term investment**, based on the following points:

1. **Consistent Dividend Payments**: The fund has a history of paying consistent dividends, with a monthly distribution of $0.0425 per share from net investment income. This provides a stable income stream for investors.
2. **Stable Financial Performance**: The fund's financial metrics show a stable performance over the past year, with a 52-week high and a market capitalization of $183.71 million. This indicates a strong and stable investment position.
3. **Dividend Yield**: The fund offers a significant dividend yield of 7.0%, which is attractive for income-seeking investors. This yield is a testament to the fund's ability to generate income and return value to shareholders.
4. **Portfolio Management**: The fund has recently updated its portfolio management team, which may bring new strategies and perspectives to the investment approach. A strong and experienced portfolio management team is crucial for long-term investment success.
5. **Market Optimism**: The fund's stock has reached a 52-week high, reflecting investor confidence and optimism about its performance. This is a positive sign for long-term investors.

However, it is important to note that past performance is not indicative of future results, and market conditions can change rapidly, affecting the fund's performance. Investors should conduct their own due diligence and consider their risk tolerance and investment goals before making any investment decisions.