Home / Franklin Templeton / TEMPLETON GROWTH FUND INC
TEMPLETON GROWTH FUND INC
fund voting report, part of Franklin Templeton
- Vote records reported
- 934year to 30 June 2026
- Against management
- 7.5%70 of 934 marked votes
- Say-on-pay support
- 84.0%for, of for + against + abstain
- Shareholder-proposal support
- 24.6%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
In its Form N-PX for the year to 30 June 2026, TEMPLETON GROWTH FUND INC listed 934 vote records. Votes against management made up 7.5% of those marked either way (70 of 934); the median fund registrant stood at 6.2%.
Weighted by the number of shares voted, the against-management share is 8.8%. 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 84.0% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 24.6% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in SECTION 14A SAY-ON-PAY VOTES (15.4% of 26), CORPORATE GOVERNANCE (9.2% of 163) and COMPENSATION (6.8% of 74).
It reported 42.0 million shares out on loan at record dates, 1.58% 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 | 7.5% | 6.2% | 10.6% |
| Say-on-pay support rate | 84.0% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 24.6% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 1.58% | 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% |
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 | 464 | 433 | 25 | 6.7% | |
| SECTION 14A SAY-ON-PAY VOTES | 26 | 21 | 4 | 15.4% | |
| AUDIT-RELATED | 55 | 54 | 1 | 1.8% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 6 | 6 | 0 | 50.0% | |
| EXTRAORDINARY TRANSACTIONS | 2 | 2 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 105 | 100 | 5 | 5.7% | |
| COMPENSATION | 74 | 66 | 8 | 6.8% | |
| CORPORATE GOVERNANCE | 163 | 142 | 21 | 9.2% | |
| ENVIRONMENT OR CLIMATE | 20 | 3 | 17 | 5.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 9 | 4 | 5 | 33.3% | |
| DIVERSITY, EQUITY, AND INCLUSION | 9 | 1 | 8 | 0.0% | |
| OTHER SOCIAL ISSUES | 36 | 9 | 27 | 5.6% | |
| OTHER | 4 | 2 | 2 | 25.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 1,860 | 17.5% | 83.3% | 49.3% | |
| year to 30 June 2025 | 966 | 7.8% | 83.9% | 26.3% | |
| year to 30 June 2026 | 934 | 7.5% | 84.0% | 24.6% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, TEMPLETON GROWTH FUND INC voted against management on 4 of the 25 it marked either way (16.0%) in the year to 30 June 2026.
- Alphabet Inc. 5 Jun 2026
- Broadcom Inc. 20 Apr 2026
- Thermo Fisher Scientific Inc. 20 May 2026
- Wells Fargo & Company 28 Apr 2026
Shareholder proposals it supported
Of 68 proposals from security holders that could be told apart in the filings and on which it cast a vote, TEMPLETON GROWTH FUND INC voted for 16 (23.5%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| Microsoft Corporation | 5 Dec 2025 | Report on Human Rights Due Diligence |
| Microsoft Corporation | 5 Dec 2025 | Report on Data Operations in Human Rights Hotspots |
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting... |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on AI data usage oversight |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| Netflix, Inc. | 4 Jun 2026 | Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent," |
| Netflix, Inc. | 4 Jun 2026 | Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES |
| Wells Fargo & Company | 28 Apr 2026 | Require Independent Board Chair |
| HONEYWELL INTERNATIONAL INC. | 22 May 2026 | Shareowner Proposal - Shareholder Right to Act by Written Consent. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding annual vote regarding executive pay. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding disclosure of voting results by share class. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding report on climate change-related commitments. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding report on human rights due diligence. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding dual class capital structure. |
| HCA Healthcare, Inc. | 23 Apr 2026 | Stockholder proposal, if properly presented at the meeting, regarding stockholders' right to act by... |
| Crown Holdings, Inc. | 30 Apr 2026 | Consideration of a Shareholder proposal regarding Shareholder right to act by written consent. |
Shares on loan
TEMPLETON GROWTH FUND INC reported 42.0 million shares on loan at record dates against 2.61 billion shares voted: 1.58% 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 |
|---|---|---|---|---|
| Templeton Growth Fund, Inc. | 934 | 7.5% | 84.0% | 24.6% |
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 0001193125-26-360790
- Every N-PX filing by this filer on EDGAR
Questions
How did TEMPLETON GROWTH FUND INC vote on executive pay?
In the year to 30 June 2026 TEMPLETON GROWTH FUND INC reported 25 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 21 were for (84.0%), 4 against and 0 abstentions. Counting one item per company meeting, it voted against management on 4 of the 25 say-on-pay items it marked either way.
How often does TEMPLETON GROWTH FUND INC vote against management?
7.5% of the time in the year to 30 June 2026: 70 of the 934 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 TEMPLETON GROWTH FUND INC support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 18 votes on proposals from security holders in the year to 30 June 2026 and voted for 1 of them (5.6%). Across every category it voted for 24.6% 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 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 TEMPLETON GROWTH FUND INC (filer no. 805664), 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.