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Franklin U.S. Small Cap Equity Fund
A series of Legg Mason Global Asset Management Trust
- Vote records
- 2,343year to 30 June 2026
- Against management
- 10.8%252 of 2,327 marked votes
- Say-on-pay support
- 90.0%for, of for + against + abstain
- Shareholder-proposal support
- 80.0%for, of for + against + abstain
Franklin U.S. Small Cap Equity Fund is a series of Legg Mason Global Asset Management Trust. For the year to 30 June 2026 its registrant reported 2,343 vote records for the series; 10.8% of the votes marked for or against management went against management. It voted for 90.0% of say-on-pay items and for 80.0% 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 | 10.8% | 6.7% | 10.1% | 6.2% |
| Say-on-pay support rate | 90.0% | 90.2% | 90.4% | 91.6% |
| Shareholder-proposal support rate | 80.0% | 46.2% | 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 | 1,589 | 1,411 | 52 | 11.2% | |
| SECTION 14A SAY-ON-PAY VOTES | 267 | 219 | 28 | 10.5% | |
| AUDIT-RELATED | 248 | 248 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 9 | 9 | 0 | 11.1% | |
| EXTRAORDINARY TRANSACTIONS | 23 | 22 | 1 | 4.3% | |
| CAPITAL STRUCTURE | 23 | 18 | 5 | 21.7% | |
| COMPENSATION | 95 | 66 | 29 | 30.5% | |
| CORPORATE GOVERNANCE | 80 | 71 | 9 | 12.5% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 1 | 1 | 0 | 100.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|---|
| year to 30 June 2024 | 2,820 | 11.6% | 90.2% | 78.6% |
| year to 30 June 2025 | 2,677 | 10.5% | 90.6% | 85.7% |
| year to 30 June 2026 | 2,343 | 10.8% | 90.0% | 80.0% |
Questions
How often did Franklin U.S. Small Cap Equity Fund vote against management?
10.8% of the votes its registrant marked for or against management in the year to 30 June 2026 (252 of 2,327).
How did Franklin U.S. Small Cap Equity Fund vote on executive pay?
It voted for 215 of 239 say-on-pay items cast for, against or abstain (90.0%).
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 Global Asset Management 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 Global Asset Management Trust (filer no. 1474103); votes attributed to series S000036895 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.