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Home / Families / Franklin Templeton / year to 30 June 2025

Form N-PX · fund family · year to 30 June 202582 filers grouped

Franklin Templeton

One season of the Franklin Templeton record. The family page shows the latest season.

Vote records reported
376,476year to 30 June 2025
Against management
7.7%28,050 of 363,581 marked votes
Say-on-pay support
90.5%for, of for + against + abstain
Shareholder-proposal support
40.6%for, of for + against + abstain
89.4% for8.3% against2.4% other7.7% against management368,377 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

Franklin Templeton reported 376,476 vote records for the year to 30 June 2025. It marked 7.7% of its votes as cast against management (28,050 of 363,581), close to the median of the fund families tracked here, which was 7.6%.

Weighted by the number of shares voted, the against-management share is 5.2%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.

On pay and on shareholder proposals: it voted for 90.5% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.8%) and it voted for 40.6% of the proposals put forward by security holders (the median of the fund families tracked here: 29.5%).

By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (29.2% of 949), EXTRAORDINARY TRANSACTIONS (20.0% of 4,500) and COMPENSATION (16.0% of 28,513).

It reported 143.4 million shares out on loan at record dates, 0.10% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.

Compared with other filers

Each rate is defined once, in the methodology. The median is taken over 60 families with at least 25 vote records in the season.

year to 30 June 2025This familyMedian familyAll filers pooled
Against-management share7.7%7.6%9.7%
Say-on-pay support rate90.5%88.8%84.3%
Shareholder-proposal support rate40.6%29.5%33.0%
Shares on loan, share of shares held0.10%0.85%2.20%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%77.1%50.4%

Votes by category

Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS191,585177,1578,1326.0%
SECTION 14A SAY-ON-PAY VOTES23,25219,6401,8339.7%
AUDIT-RELATED24,93324,7361740.5%
INVESTMENT COMPANY MATTERS1916215.8%
SHAREHOLDER RIGHTS AND DEFENSES1,14292810829.2%
EXTRAORDINARY TRANSACTIONS4,5063,60190020.0%
CAPITAL STRUCTURE38,62935,4283,1948.4%
COMPENSATION28,66023,6454,76616.0%
CORPORATE GOVERNANCE56,35449,4136,55610.0%
ENVIRONMENT OR CLIMATE3,9776953,2823.3%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1,2135097047.7%
DIVERSITY, EQUITY, AND INCLUSION2,3575011,8563.6%
OTHER SOCIAL ISSUES4,7511,7073,04410.1%
OTHER2,4111,9894178.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 2024390,8059.8%90.5%47.1%
year to 30 June 2025376,4767.7%90.5%40.6%
year to 30 June 2026528,27810.1%90.4%43.4%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Franklin Templeton voted against management on 236 of the 2,266 it marked either way (10.4%) in the year to 30 June 2025. The 40 companies with the most reporting filers are listed.

A further 2 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 1,457 proposals from security holders that could be told apart in the filings and on which it cast a vote, Franklin Templeton voted for 745 (51.1%). The 40 at the companies with the most reporting filers are listed. Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
Microsoft Corporation10 Dec 2024Report on Risks of Weapons Development
Microsoft Corporation10 Dec 2024Report on AI Misinformation and Disinformation
Microsoft Corporation10 Dec 2024Report on AI Data Sourcing Accountability
Meta Platforms, Inc.28 May 2025A shareholder proposal regarding disclosure of voting results based on class of shares.
Meta Platforms, Inc.28 May 2025A shareholder proposal regarding report on hate targeting marginalized communities.
Meta Platforms, Inc.28 May 2025A shareholder proposal regarding report on Al data usage oversight.
Meta Platforms, Inc.28 May 2025A shareholder proposal regarding report on data collection and advertising practices.
Meta Platforms, Inc.28 May 2025A shareholder proposal regarding dual class capital structure.
AbbVie Inc.9 May 2025Stockholder Proposal - to Implement Simple Majority Vote
Netflix, Inc.5 Jun 2025Shareholder proposal: CORPORATE GOVERNANCE
Adobe Inc.22 Apr 2025Stockholder Proposal Regarding Vote on Golden Parachutes.
Comcast Corporation18 Jun 2025Adopt policy for an independent chair
Texas Instruments Incorporated17 Apr 2025Stockholder proposal to permit a combined 10% of stockholders to call a special meeting.
NIKE, Inc.10 Sep 2024To consider a shareholder proposal regarding Environmental Targets
Intuitive Surgical, Inc.1 May 2025The stockholder proposal that is titled "requesting a shareholder approval requirement for excessive...
Stryker Corporation8 May 2025Shareholder Proposal to Support Transparency in Political Spending.
Intel Corporation6 May 2025Stockholder proposal requesting shareholder right to act by written consent
The Charles Schwab Corporation22 May 2025Stockholder proposal requesting declassification of the board of directors
Deere & Company26 Feb 2025Shareholder proposal on a civil rights audit
DUKE ENERGY CORPORATION1 May 2025Shareholder proposal regarding support simple majority vote
LOCKHEED MARTIN CORPORATION9 May 2025Stockholder Proposal Requesting Shareholder Approval Requirement for Excessive Golden Parachutes
United Parcel Service, Inc.8 May 2025To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.
PayPal Holdings, Inc.5 Jun 2025Stockholder Proposal - Reduce Threshold to Call Special Meetings of Stockholders.
Booking Holdings Inc.3 Jun 2025Reduce Ownership Threshold for Shareholders to Call Special Meeting
CVS Health Corporation15 May 2025Stockholder Proposal for Reducing the Threshold for Our Stockholder Right to Act By Written Consent.
Colgate-Palmolive Company9 May 2025Stockholder proposal entitled "Support an independent Board Chairman."
THE SOUTHERN COMPANY21 May 2025Stockholder proposal regarding simple majority vote
Boston Scientific Corporation1 May 2025Stockholder proposal titled "Support Simple Majority Vote."
Vertex Pharmaceuticals Incorporated14 May 2025Shareholder proposal, if properly presented at the meeting, regarding excessive golden parachutes.
Phillips 6621 May 2025Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES
Prologis, Inc.8 May 2025Vote on a stockholder proposal titled "Support a Reasonable Shareholder Ability to Call for a Special...
Autodesk, Inc.16 Jul 2024To consider and vote upon a stockholder proposal, if properly presented at the Annual Meeting, to enable...
The Travelers Companies, Inc.21 May 2025Shareholder proposal relating to ratification of golden parachutes, if presented at the Annual Meeting of...
Illinois Tool Works Inc.2 May 2025A non-binding stockholder proposal, if properly presented at the meeting, for stockholder ratification of...
Air Products and Chemicals, Inc.23 Jan 2025The Mantle Ridge Parties' proposal to repeal any provision of, or amendment to, the Bylaws that the Board...
General Mills, Inc.24 Sep 2024Shareholder Proposal - Disclosure of Regenerative Agriculture Practices Within Supply Chain.
General Mills, Inc.24 Sep 2024Shareholder Proposal - Plastic Packaging.
Cummins Inc.13 May 2025Require Independent Board Chair
Amphenol Corporation15 May 2025Stockholder Proposal regarding Support for Special Shareholder Meeting Improvement
Capital One Financial Corporation8 May 2025Stockholder proposal to require a shareholder vote on golden parachute arrangements.

Shares on loan

Franklin Templeton reported 143.4 million shares on loan at record dates against 138.53 billion shares voted: 0.10% of the two together. Median family: 0.85%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.

Questions

How did Franklin Templeton vote on executive pay?

In the year to 30 June 2025 Franklin Templeton reported 21,712 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 19,640 were for (90.5%), 1,833 against and 239 abstentions. Counting one item per company meeting, it voted against management on 236 of the 2,266 say-on-pay items it marked either way. A further 2 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Franklin Templeton vote against management?

7.7% of the time in the year to 30 June 2025: 28,050 of the 363,581 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.

Did Franklin Templeton support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 3,403 votes on proposals from security holders in the year to 30 June 2025 and voted for 126 of them (3.7%). Across every category it voted for 40.6% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.

Is this the result of the meetings?

No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.

Where does the data come from?

From the Form N-PX filings of the registrants and managers grouped under this family on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.

Back to the Franklin Templeton family page · All filers in the year to 30 June 2025

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings of the filers grouped under Franklin Templeton, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.