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Form N-PX · fund seriesSEC series no. S000066093

Franklin U.S. Core Equity (IU) Fund

A series of FRANKLIN FUND ALLOCATOR SERIES

Vote records
2,571year to 30 June 2026
Against management
6.9%176 of 2,568 marked votes
Say-on-pay support
90.1%for, of for + against + abstain
Shareholder-proposal support
26.3%for, of for + against + abstain

Franklin U.S. Core Equity (IU) Fund is a series of FRANKLIN FUND ALLOCATOR SERIES. For the year to 30 June 2026 its registrant reported 2,571 vote records for the series; 6.9% of the votes marked for or against management went against management. It voted for 90.1% of say-on-pay items and for 26.3% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantFranklin TempletonMedian fund registrant
Against-management share6.9%7.9%10.1%6.2%
Say-on-pay support rate90.1%90.4%90.4%91.6%
Shareholder-proposal support rate26.3%33.7%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 ELECTIONS1,8551,762285.0%
SECTION 14A SAY-ON-PAY VOTES2011731910.0%
AUDIT-RELATED19719700.0%
SHAREHOLDER RIGHTS AND DEFENSES1511440.0%
EXTRAORDINARY TRANSACTIONS54120.0%
CAPITAL STRUCTURE3232015.6%
COMPENSATION67521520.9%
CORPORATE GOVERNANCE100633734.7%
ENVIRONMENT OR CLIMATE470470.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE232218.7%
DIVERSITY, EQUITY, AND INCLUSION270270.0%
OTHER SOCIAL ISSUES6776010.4%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20242,14910.6%92.3%69.7%
year to 30 June 20252,1396.1%92.3%31.6%
year to 30 June 20262,5716.9%90.1%26.3%

Questions

How often did Franklin U.S. Core Equity (IU) Fund vote against management?

6.9% of the votes its registrant marked for or against management in the year to 30 June 2026 (176 of 2,568).

How did Franklin U.S. Core Equity (IU) Fund vote on executive pay?

It voted for 172 of 191 say-on-pay items cast for, against or abstain (90.1%).

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 FUND ALLOCATOR SERIES, 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 FUND ALLOCATOR SERIES (filer no. 1022804); votes attributed to series S000066093 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.