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Form N-PX · fund seriesSEC series no. S000003853

U.S. Research

A series of PUTNAM INVESTMENT FUNDS

Vote records
2,027year to 30 June 2026
Against management
6.5%130 of 1,998 marked votes
Say-on-pay support
93.5%for, of for + against + abstain
Shareholder-proposal support
8.9%for, of for + against + abstain

U.S. Research is a series of PUTNAM INVESTMENT FUNDS. For the year to 30 June 2026 its registrant reported 2,027 vote records for the series; 6.5% of the votes marked for or against management went against management. It voted for 93.5% of say-on-pay items and for 8.9% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantFranklin TempletonMedian fund registrant
Against-management share6.5%7.9%10.1%6.2%
Say-on-pay support rate93.5%91.9%90.4%91.6%
Shareholder-proposal support rate8.9%12.1%43.4%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS1,3961,299736.9%
SECTION 14A SAY-ON-PAY VOTES13011587.7%
AUDIT-RELATED14314300.0%
SHAREHOLDER RIGHTS AND DEFENSES139438.5%
EXTRAORDINARY TRANSACTIONS7700.0%
CAPITAL STRUCTURE616106.6%
COMPENSATION615389.8%
CORPORATE GOVERNANCE119585217.2%
ENVIRONMENT OR CLIMATE400400.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE170170.0%
DIVERSITY, EQUITY, AND INCLUSION240240.0%
OTHER SOCIAL ISSUES673640.0%
OTHER20250.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20242,1388.4%97.3%12.1%
year to 30 June 20252,0196.5%91.4%11.1%
year to 30 June 20262,0276.5%93.5%8.9%

Questions

How often did U.S. Research vote against management?

6.5% of the votes its registrant marked for or against management in the year to 30 June 2026 (130 of 1,998).

How did U.S. Research vote on executive pay?

It voted for 115 of 123 say-on-pay items cast for, against or abstain (93.5%).

Is this the result of the meetings?

No. Form N-PX shows how the fund voted the shares it held. It does not show how other shareholders voted or what the outcome was.

Where does the data come from?

From the Form N-PX filed by PUTNAM INVESTMENT FUNDS, which lists the series that cast each vote. The SEC does not verify the contents. Data runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX filed by PUTNAM INVESTMENT FUNDS (filer no. 932101); votes attributed to series S000003853 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.