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Franklin Alternative Strategies Funds
fund voting report, part of Franklin Templeton
- Vote records reported
- 1,129year to 30 June 2026
- Against management
- 10.6%102 of 962 marked votes
- Say-on-pay support
- 87.8%for, of for + against + abstain
- Shareholder-proposal support
- 59.3%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Franklin Alternative Strategies Funds reported 1,129 vote records for the year to 30 June 2026. It marked 10.6% of its votes as cast against management (102 of 962), 4.4 percentage points above the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 1.6%. 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 87.8% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 59.3% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in CORPORATE GOVERNANCE (35.5% of 62), SECTION 14A SAY-ON-PAY VOTES (11.5% of 78) and CAPITAL STRUCTURE (10.5% of 57).
It reported 156,948 shares out on loan at record dates, 0.11% 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 1,241 fund registrants with at least 25 vote records in the season.
| year to 30 June 2026 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 10.6% | 6.2% | 10.6% |
| Say-on-pay support rate | 87.8% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 59.3% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 0.11% | 0.00% | 3.12% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Of the 1,129 vote records in this filing, 164 carry something the form does not expect: a missing vote source or category, a record with no vote line, a meeting date that cannot be read, or a security identifier this site could not use. They are counted as filed. What is checked
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) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 586 | 525 | 15 | 10.4% | |
| SECTION 14A SAY-ON-PAY VOTES | 78 | 65 | 6 | 11.5% | |
| AUDIT-RELATED | 95 | 91 | 0 | 4.2% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 11 | 9 | 2 | 9.1% | |
| EXTRAORDINARY TRANSACTIONS | 2 | 1 | 1 | 50.0% | |
| CAPITAL STRUCTURE | 57 | 51 | 5 | 10.5% | |
| COMPENSATION | 60 | 55 | 5 | 8.3% | |
| CORPORATE GOVERNANCE | 64 | 50 | 5 | 35.5% | |
| ENVIRONMENT OR CLIMATE | 4 | 1 | 3 | 25.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 2 | 0 | 2 | 0.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 3 | 0 | 3 | 0.0% | |
| OTHER SOCIAL ISSUES | 6 | 2 | 4 | 16.7% | |
| OTHER | 13 | 12 | 1 | 0.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 1,840 | 15.1% | 73.1% | 40.3% | |
| year to 30 June 2026 | 1,129 | 10.6% | 87.8% | 59.3% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Franklin Alternative Strategies Funds voted against management on 9 of the 73 it marked either way (12.3%) in the year to 30 June 2026.
A further 9 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- UnitedHealth Group Incorporated 1 Jun 2026
- Thermo Fisher Scientific Inc. 20 May 2026
- MasterBrand, Inc. 4 Jun 2026
- Core Scientific, Inc. 30 Oct 2025
- TPG Inc. 3 Jun 2026
- Applied Digital Corporation 5 Nov 2025
- Petco Health and Wellness Company, Inc. 24 Jul 2025
- CorMedix Inc. 23 Jun 2026
- NewAmsterdam Pharma Company N.V. 2 Jun 2026
Shareholder proposals it supported
Of 26 proposals from security holders that could be told apart in the filings and on which it cast a vote, Franklin Alternative Strategies Funds voted for 15 (57.7%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair. |
| UnitedHealth Group Incorporated | 1 Jun 2026 | If properly presented at the 2026 Annual Meeting of Shareholders, the shareholder proposal requesting the... |
| NextEra Energy, Inc. | 21 May 2026 | Report on Plans to Reduce and Align GHG Emissions with Paris Agreement Goals |
| Gilead Sciences, Inc. | 30 Apr 2026 | To vote on a stockholder proposal requesting an independent Board Chair policy |
| Gilead Sciences, Inc. | 30 Apr 2026 | To vote on a stockholder proposal requesting a report on the impact of extended patent exclusivities on... |
| THE BOEING COMPANY | 17 Apr 2026 | Action by Written Consent. |
| CVS Health Corporation | 14 May 2026 | Stockholder Proposal for Reducing the Threshold for Our Stockholder Right to Act By Written Consent. |
| NRG Energy, Inc. | 30 Apr 2026 | To vote on a stockholder proposal to give shareholders the ability to call for a special shareholder meeting |
| Keysight Technologies, Inc. | 19 Mar 2026 | Consider, on a non-binding advisory basis, a Stockholder Proposal: Shareholder Ability to Call for a... |
| Edison International | 23 Apr 2026 | Shareholder Proposal Regarding Retention of Equity |
| FirstEnergy Corp. | 20 May 2026 | Independent Board Chairman |
| Albemarle Corporation | 5 May 2026 | Shareholder Proposal regarding shareholders ability to call for a special shareholder meeting. |
| Carvana Co. | 5 May 2026 | To vote upon one stockholder proposal, as described in the Proxy Statement. |
| The AES Corporation | 29 Apr 2026 | If properly presented, to vote on a non-binding stockholder proposal regarding stockholder ability to call... |
| American Airlines Group Inc. | 10 Jun 2026 | Advisory vote on stockholder proposal for stockholder right to act by written consent |
Shares on loan
Franklin Alternative Strategies Funds reported 156,948 shares on loan at record dates against 140.6 million shares voted: 0.11% of the two together. Median fund registrant: 0.00%. 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.
Fund series in this filing
1 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.
| Series | Vote records | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|---|
| Franklin Alternative Strategies Fund | 1,129 | 10.6% | 87.7% | 57.7% |
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 21 Aug 2026 accession 0001193125-26-360491
- Every N-PX filing by this filer on EDGAR
Questions
How did Franklin Alternative Strategies Funds vote on executive pay?
In the year to 30 June 2026 Franklin Alternative Strategies Funds reported 74 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 65 were for (87.8%), 6 against and 3 abstentions. Counting one item per company meeting, it voted against management on 9 of the 73 say-on-pay items it marked either way. A further 9 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does Franklin Alternative Strategies Funds vote against management?
10.6% of the time in the year to 30 June 2026: 102 of the 962 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 Alternative Strategies Funds support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 4 votes on proposals from security holders in the year to 30 June 2026 and voted for 1 of them (25.0%). Across every category it voted for 59.3% 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 this filer 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.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by Franklin Alternative Strategies Funds (filer no. 1535538), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.