Home / Franklin Templeton / LEGG MASON PARTNERS VARIABLE EQUITY TRUST / ClearBridge Variable Appreciation Portfolio
ClearBridge Variable Appreciation Portfolio
A series of LEGG MASON PARTNERS VARIABLE EQUITY TRUST
- Vote records
- 859year to 30 June 2026
- Against management
- 3.7%32 of 857 marked votes
- Say-on-pay support
- 91.2%for, of for + against + abstain
- Shareholder-proposal support
- 23.7%for, of for + against + abstain
ClearBridge Variable Appreciation Portfolio is a series of LEGG MASON PARTNERS VARIABLE EQUITY TRUST. For the year to 30 June 2026 its registrant reported 859 vote records for the series; 3.7% of the votes marked for or against management went against management. It voted for 91.2% of say-on-pay items and for 23.7% of proposals from security holders.
Compared with its registrant and family
| year to 30 June 2026 | This series | Its registrant | Franklin Templeton | Median fund registrant |
|---|---|---|---|---|
| Against-management share | 3.7% | 3.9% | 10.1% | 6.2% |
| Say-on-pay support rate | 91.2% | 90.4% | 90.4% | 91.6% |
| Shareholder-proposal support rate | 23.7% | 25.4% | 43.4% | 27.5% |
Votes by category
foragainstabstain, withhold or otheramber tick: the portion cast against management
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 579 | 578 | 0 | 0.2% | |
| SECTION 14A SAY-ON-PAY VOTES | 61 | 52 | 5 | 9.8% | |
| AUDIT-RELATED | 62 | 62 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 9 | 6 | 3 | 44.4% | |
| EXTRAORDINARY TRANSACTIONS | 2 | 2 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 16 | 16 | 0 | 12.5% | |
| COMPENSATION | 22 | 17 | 5 | 13.6% | |
| CORPORATE GOVERNANCE | 59 | 39 | 20 | 24.6% | |
| ENVIRONMENT OR CLIMATE | 25 | 2 | 23 | 8.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 14 | 1 | 13 | 7.1% | |
| DIVERSITY, EQUITY, AND INCLUSION | 14 | 0 | 14 | 0.0% | |
| OTHER SOCIAL ISSUES | 38 | 1 | 37 | 2.6% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|---|
| year to 30 June 2024 | 1,062 | 5.3% | 85.0% | 24.7% |
| year to 30 June 2025 | 909 | 3.3% | 88.9% | 13.2% |
| year to 30 June 2026 | 859 | 3.7% | 91.2% | 23.7% |
Questions
How often did ClearBridge Variable Appreciation Portfolio vote against management?
3.7% of the votes its registrant marked for or against management in the year to 30 June 2026 (32 of 857).
How did ClearBridge Variable Appreciation Portfolio vote on executive pay?
It voted for 52 of 57 say-on-pay items cast for, against or abstain (91.2%).
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 LEGG MASON PARTNERS VARIABLE EQUITY TRUST, 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 LEGG MASON PARTNERS VARIABLE EQUITY TRUST (filer no. 1176343); votes attributed to series S000017013 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.