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Franklin Resources, Inc. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and Franklin Resources, Inc.’s Form 8-K, filed February 7, 2025 (Item 5.07 on EDGAR). Page generated October 25, 2026.

  • 12Ballot items
  • 117Asset managers
  • 6,058Fund votes
  • February 4, 2025Meeting date

Results at a glance

Meeting of February 4, 2025: 12 items on Franklin Resources, Inc.’s Form 8-K, filed February 7, 2025: 11 elected · 1 approved.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Franklin Resources, Inc. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by Franklin Resources, Inc.

These tallies are Franklin Resources, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed February 7, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Franklin Resources, Inc. — official shareholder meeting results, meeting held February 4, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Mariann Byerwalter 419,007,9836,194,478124,428 --35,843,694 99%Elected—
Elect Director: Alexander S. Friedman 418,352,5736,840,281134,035 --35,843,694 98%Elected—
Elect Director: Gregory E. Johnson 421,869,3742,989,860467,655 --35,843,694 99.2%Elected—
Elect Director: Jennifer M. Johnson 422,909,6852,280,615136,589 --35,843,694 99.4%Elected—
Elect Director: Rupert H. Johnson, Jr. 422,920,2122,275,872130,805 --35,843,694 99.4%Elected—
Elect Director: John Y. Kim 417,204,2937,962,313160,283 --35,843,694 98%Elected—
Elect Director: Karen M. King 421,913,5593,277,145136,185 --35,843,694 99.2%Elected—
Elect Director: Anthony J. Noto 418,503,9216,689,591133,377 --35,843,694 98%Elected—
Elect Director: John W. Thiel 421,838,9233,346,583141,383 --35,843,694 99.2%Elected—
Elect Director: Seth H. Waugh 418,016,4077,167,421143,061 --35,843,694 98%Elected—
Elect Director: Geoffrey Y. Yang 407,504,46817,506,193316,228 --35,843,694 96%Elected—
2. To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2025 451,231,1989,743,298196,087 ---- 98%Approved—

Source: Franklin Resources, Inc., Form 8-K, filed with the SEC on February 7, 2025 — read the filing on EDGAR.

How asset managers voted at the Franklin Resources, Inc. 2024-2025 meeting

Each item below shows how the 117 asset managers that disclosed a Franklin Resources, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Alexander S. Friedman

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 418,352,573AGAINST: 6,840,281
Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.: Alexander S. Friedman

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Alexander S. Friedman”): 418,352,573 for, 6,840,281 against, per its Form 8-K filed February 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 nominees for director was elected, and the voting results are set forth below:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 110,138,072 for, 324,822 against, 12,624 abstained.

FOR
FOR: 110,138,072AGAINST: 324,822ABSTAIN: 12,624
Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,583,7295,877 00For
State Street10,860,8463,151 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional1,565,0310 00For
Jackson National1,211,2090 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock334,4780 00For
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower235,57435,546 00Mixed
Lincoln Financial271,1180 00For
Equitable267,0500 00For
Amplify ETF Trust266,3420 00For
Nationwide230,8590 00For
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

2. Elect Director: Anthony J. Noto

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 418,503,921AGAINST: 6,689,591
Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.: Anthony J. Noto

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Anthony J. Noto”): 418,503,921 for, 6,689,591 against, per its Form 8-K filed February 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 nominees for director was elected, and the voting results are set forth below:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 110,140,550 for, 324,822 against, 10,146 abstained.

FOR
FOR: 110,140,550AGAINST: 324,822ABSTAIN: 10,146
Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,583,7295,877 00For
State Street10,860,8463,151 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional1,565,0310 00For
Jackson National1,211,2090 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock334,4780 00For
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower235,57435,546 00Mixed
Lincoln Financial271,1180 00For
Equitable267,0500 00For
Amplify ETF Trust266,3420 00For
Nationwide230,8590 00For
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

3. Elect Director: Geoffrey Y. Yang

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 407,504,468AGAINST: 17,506,193
Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.: Geoffrey Y. Yang

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Geoffrey Y. Yang”): 407,504,468 for, 17,506,193 against, per its Form 8-K filed February 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 nominees for director was elected, and the voting results are set forth below:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 109,642,673 for, 822,699 against, 10,146 abstained.

FOR
FOR: 109,642,673AGAINST: 822,699ABSTAIN: 10,146
Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,582,3077,299 00For
State Street10,859,4514,546 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional1,565,0310 00For
Jackson National1,211,2090 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock306,51027,968 00Mixed
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower271,1200 00For
Lincoln Financial271,1180 00For
Equitable267,0500 00For
Amplify ETF Trust266,3420 00For
Nationwide209,22221,637 00Mixed
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

4. Elect Director: Gregory E. Johnson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 421,869,374AGAINST: 2,989,860
Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.: Gregory E. Johnson

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Gregory E. Johnson”): 421,869,374 for, 2,989,860 against, per its Form 8-K filed February 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 nominees for director was elected, and the voting results are set forth below:”
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 110,328,668 for, 136,594 against, 10,256 abstained.

FOR
FOR: 110,328,668AGAINST: 136,594ABSTAIN: 10,256
Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,588,1341,472 00For
State Street10,862,1261,871 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional1,565,0310 00For
Jackson National1,211,2090 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock334,4780 00For
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower235,57435,546 00Mixed
Lincoln Financial271,1180 00For
Equitable267,0500 00For
Amplify ETF Trust266,3420 00For
Nationwide230,8590 00For
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

5. Elect Director: Jennifer M. Johnson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 422,909,685AGAINST: 2,280,615
Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.: Jennifer M. Johnson

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Jennifer M. Johnson”): 422,909,685 for, 2,280,615 against, per its Form 8-K filed February 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 nominees for director was elected, and the voting results are set forth below:”
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 110,451,818 for, 13,444 against, 10,256 abstained.

FOR
FOR: 110,451,818AGAINST: 13,444ABSTAIN: 10,256
Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,588,1341,472 00For
State Street10,862,1261,871 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional1,565,0310 00For
Jackson National1,211,2090 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock334,4780 00For
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower271,1200 00For
Lincoln Financial271,1180 00For
Equitable267,0500 00For
Amplify ETF Trust266,3420 00For
Nationwide230,8590 00For
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

6. Elect Director: John W. Thiel

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 421,838,923AGAINST: 3,346,583
Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.: John W. Thiel

Franklin Resources, Inc.’s own tally for this item (“Elect Director: John W. Thiel”): 421,838,923 for, 3,346,583 against, per its Form 8-K filed February 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 nominees for director was elected, and the voting results are set forth below:”
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 110,430,489 for, 34,883 against, 10,146 abstained.

FOR
FOR: 110,430,489AGAINST: 34,883ABSTAIN: 10,146
Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,588,1341,472 00For
State Street10,862,4351,562 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional1,565,0310 00For
Jackson National1,211,2090 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock334,4780 00For
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower271,1200 00For
Lincoln Financial271,1180 00For
Equitable267,0500 00For
Amplify ETF Trust266,3420 00For
Nationwide209,22221,637 00Mixed
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

7. Elect Director: John Y. Kim

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 417,204,293AGAINST: 7,962,313
Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.: John Y. Kim

Franklin Resources, Inc.’s own tally for this item (“Elect Director: John Y. Kim”): 417,204,293 for, 7,962,313 against, per its Form 8-K filed February 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 nominees for director was elected, and the voting results are set forth below:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 110,151,981 for, 313,391 against, 10,146 abstained.

FOR
FOR: 110,151,981AGAINST: 313,391ABSTAIN: 10,146
Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,583,7295,877 00For
State Street10,860,8463,151 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional1,565,0310 00For
Jackson National1,211,2090 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock334,4780 00For
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower271,1200 00For
Lincoln Financial271,1180 00For
Equitable267,0500 00For
Amplify ETF Trust266,3420 00For
Nationwide209,22221,637 00Mixed
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

8. Elect Director: Karen M. King

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 421,913,559AGAINST: 3,277,145
Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.: Karen M. King

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Karen M. King”): 421,913,559 for, 3,277,145 against, per its Form 8-K filed February 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 nominees for director was elected, and the voting results are set forth below:”
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 110,430,489 for, 34,883 against, 10,146 abstained.

FOR
FOR: 110,430,489AGAINST: 34,883ABSTAIN: 10,146
Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,588,1341,472 00For
State Street10,862,4351,562 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional1,565,0310 00For
Jackson National1,211,2090 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock334,4780 00For
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower271,1200 00For
Lincoln Financial271,1180 00For
Equitable267,0500 00For
Amplify ETF Trust266,3420 00For
Nationwide209,22221,637 00Mixed
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

9. Elect Director: Mariann Byerwalter

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 419,007,983AGAINST: 6,194,478
Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.: Mariann Byerwalter

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Mariann Byerwalter”): 419,007,983 for, 6,194,478 against, per its Form 8-K filed February 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 nominees for director was elected, and the voting results are set forth below:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 110,188,029 for, 277,343 against, 10,146 abstained.

FOR
FOR: 110,188,029AGAINST: 277,343ABSTAIN: 10,146
Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,585,3204,286 00For
State Street10,860,8463,151 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional1,565,0310 00For
Jackson National1,211,2090 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock334,4780 00For
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower271,1200 00For
Lincoln Financial271,1180 00For
Equitable267,0500 00For
Amplify ETF Trust266,3420 00For
Nationwide230,8590 00For
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

10. Elect Director: Rupert H. Johnson, Jr.

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 422,920,212AGAINST: 2,275,872
Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.: Rupert H. Johnson, Jr.

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Rupert H. Johnson, Jr.”): 422,920,212 for, 2,275,872 against, per its Form 8-K filed February 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 nominees for director was elected, and the voting results are set forth below:”
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 110,454,296 for, 10,966 against, 10,256 abstained.

FOR
FOR: 110,454,296AGAINST: 10,966ABSTAIN: 10,256
Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,588,1341,472 00For
State Street10,862,1261,871 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional1,565,0310 00For
Jackson National1,211,2090 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock334,4780 00For
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower271,1200 00For
Lincoln Financial271,1180 00For
Equitable267,0500 00For
Amplify ETF Trust266,3420 00For
Nationwide230,8590 00For
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

11. Elect Director: Seth H. Waugh

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 418,016,407AGAINST: 7,167,421
Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.: Seth H. Waugh

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Seth H. Waugh”): 418,016,407 for, 7,167,421 against, per its Form 8-K filed February 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 nominees for director was elected, and the voting results are set forth below:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 108,180,542 for, 2,284,830 against, 10,146 abstained.

FOR
FOR: 108,180,542AGAINST: 2,284,830ABSTAIN: 10,146
Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,588,1341,472 00For
State Street10,862,4351,562 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional01,565,031 00Against
Jackson National1,191,28319,926 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock161,649172,829 00Mixed
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower271,1200 00For
Lincoln Financial239,42631,692 00Mixed
Equitable267,0500 00For
Amplify ETF Trust0266,342 00Against
Nationwide209,22221,637 00Mixed
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

12. 2. To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 5 wordings of this item as funds reported it.

98% Approved · of votes cast

FOR 98%
FOR: 451,231,198AGAINST: 9,743,298
Details: description as filed, official tally, votes by 117 asset managers

Description as filed by funds: To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2025.

Franklin Resources, Inc.’s own tally for this item (“2. To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2025”): 451,231,198 for, 9,743,298 against — passed, per its Form 8-K filed February 7, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The appointment of PricewaterhouseCoopers LLP was ratified, and the voting results are set forth below:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 117 asset managers below reported 110,024,351 for, 441,392 against, 10,146 abstained.

FOR
FOR: 110,024,351AGAINST: 441,392ABSTAIN: 10,146
Largest asset managers voting on “To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public account” at Franklin Resources, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard35,596,5050 00For
BlackRock14,589,6060 00For
State Street10,862,6021,395 00For
ProShares9,494,2360 00For
Invesco8,413,1470 00For
First Trust8,232,1750 00For
Fidelity6,624,2430 00For
Charles Schwab2,989,2100 00For
WisdomTree2,145,6070 00For
Dimensional1,565,0310 00For
Jackson National1,211,2090 00For
Goldman Sachs1,100,6020 00For
TIAA759,1340 00For
Advisors' Inner Circle Fund II540,6010 00For
Victory Capital529,7050 00For
John Hancock334,4780 00For
MASTER INVESTMENT PORTFOLIO295,4850 00For
AQR286,7330 00For
Empower235,57435,546 00Mixed
Lincoln Financial271,1180 00For
Equitable267,0500 00For
Amplify ETF Trust0266,342 00Against
Nationwide209,22221,637 00Mixed
Six Circles Trust219,8120 00For
T. Rowe Price217,2520 00For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

Largest Franklin Resources, Inc. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 523,967,899 shares outstanding at the time of that meeting.

Fund voting reports: top Franklin Resources, Inc. shareholders by shares voted on “To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered…”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 6.79%
2BlackRock 2.78%
3State Street 2.07%
4ProShares 1.81%
5Invesco 1.61%
6First Trust 1.57%
7Fidelity 1.26%
8Charles Schwab 0.57%
9WisdomTree 0.41%
10Dimensional 0.30%
Institutional-manager reports: top Franklin Resources, Inc. shareholders by shares voted on “To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered…”, 2024-2025
#Asset manager % of shares outstanding
1Cardano Risk Management B.V. 0.02%
2SHELTON CAPITAL MANAGEMENT <0.01%
3Portside Wealth Group, LLC <0.01%

Reported Franklin Resources, Inc. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

Franklin Resources, Inc. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 7.21% 13F
BlackRock 5.79% 13F
State Street 4.40% 13F
Invesco 2.29% 13F
Geode Capital 1.49% 13F
Dimensional Fund Advisors 1.38% 13F
Franklin Resources, Inc. 1.34% 13D
Goldman Sachs 1.33% 13F
Morgan Stanley 0.96% 13F
Northern Trust 0.65% 13F

Percentages above are of 523,967,899 shares outstanding, as reported by Franklin Resources, Inc. on its Form 10-Q dated December 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Franklin Resources, Inc.’s 10-Q dated December 31, 2024. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At Franklin Resources, Inc.'s shareholder meeting held February 4, 2025, in the 2024-2025 proxy season, 117 asset managers reported how they voted on 12 ballot items in their SEC Form N-PX filings, covering 6,058 separate fund positions. On the most widely held item on that ballot — To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered… — Franklin Resources, Inc.'s filing reports the proposal as approved, with 98% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: Franklin Resources, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on February 7, 2025.

Franklin Resources, Inc. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.