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Form N-PX · fund seriesSEC series no. S000007860

Franklin Mutual Beacon Fund

A series of FRANKLIN MUTUAL SERIES FUNDS

Vote records
644year to 30 June 2026
Against management
5.4%35 of 644 marked votes
Say-on-pay support
88.5%for, of for + against + abstain
Shareholder-proposal support
25.0%for, of for + against + abstain

Franklin Mutual Beacon Fund is a series of FRANKLIN MUTUAL SERIES FUNDS. For the year to 30 June 2026 its registrant reported 644 vote records for the series; 5.4% of the votes marked for or against management went against management. It voted for 88.5% of say-on-pay items and for 25.0% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantFranklin TempletonMedian fund registrant
Against-management share5.4%5.3%10.1%6.2%
Say-on-pay support rate88.5%83.1%90.4%91.6%
Shareholder-proposal support rate25.0%28.6%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 ELECTIONS39237893.6%
SECTION 14A SAY-ON-PAY VOTES2923310.3%
AUDIT-RELATED404000.0%
SHAREHOLDER RIGHTS AND DEFENSES54140.0%
EXTRAORDINARY TRANSACTIONS2200.0%
CAPITAL STRUCTURE585803.4%
COMPENSATION3732510.8%
CORPORATE GOVERNANCE6559615.4%
ENVIRONMENT OR CLIMATE183150.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE8350.0%
DIVERSITY, EQUITY, AND INCLUSION11380.0%
OTHER SOCIAL ISSUES288207.1%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20247074.9%90.0%28.2%
year to 30 June 20255663.4%100.0%22.7%
year to 30 June 20266445.4%88.5%25.0%

Questions

How often did Franklin Mutual Beacon Fund vote against management?

5.4% of the votes its registrant marked for or against management in the year to 30 June 2026 (35 of 644).

How did Franklin Mutual Beacon Fund vote on executive pay?

It voted for 23 of 26 say-on-pay items cast for, against or abstain (88.5%).

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 FRANKLIN MUTUAL SERIES 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 FRANKLIN MUTUAL SERIES FUNDS (filer no. 825063); votes attributed to series S000007860 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.