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Putnam 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal Putnam voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.

Everything Only shareholder proposals it backed

1,421 proposals.

Putnam, 2025-2026 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedPutnam votedFunds
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Approve Remuneration Policy of Chairman and CEO Compensation Board AGAINST 7
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Elect Ariane Gorin as Director Director Elections Board AGAINST 7
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Reelect Delphine Arnault as Director Director Elections Board AGAINST 7
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Reelect Laurent Mignon as Director Director Elections Board AGAINST 7
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Reelect Marie-Josee Kravis as Director Director Elections Board AGAINST 7
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Reelect Natacha Valla as Director Director Elections Board AGAINST 7
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Reelect Wei Sun Christianson as Director Director Elections Board AGAINST 7
Larsen & Toubro Limited June 5, 2026 Approve Reappointment and Remuneration of R. Shankar Raman as President and Whole-time Director - Finance Compensation Board AGAINST 7
Larsen & Toubro Limited June 5, 2026 Reelect Vijay Sankar as Director Director Elections Board AGAINST 7
Life Time Group Holdings, Inc. April 22, 2026 Election of Class II Directors: J. Kristofer Galashan Director Elections Board WITHHOLD 7
Life Time Group Holdings, Inc. April 22, 2026 Election of Class II Directors: Jennifer Pomerantz Director Elections Board WITHHOLD 7
Life Time Group Holdings, Inc. April 22, 2026 Election of Class II Directors: Joel Alsfine Director Elections Board WITHHOLD 7
Life Time Group Holdings, Inc. April 22, 2026 Election of Class II Directors: Jonathan Coslet Director Elections Board WITHHOLD 7
Life Time Group Holdings, Inc. April 22, 2026 Election of Class II Directors: Stuart Lasher Director Elections Board WITHHOLD 7
MTN Group Ltd. May 29, 2026 Elect Hermanus Bosman as Director Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Elect Ignatius Sehoole as Director Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Elect Ignatius Sehoole as Member of the Audit Committee Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Elect Ouma Rasethaba as Director Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Elect Ouma Rasethaba as Member of the Social, Ethics and Sustainability Committee Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Elect Safroadu Yeboah-Amankwah as Director Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Elect Stephane Richard as Director Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Khotso Mokhele as Member of the Social, Ethics and Sustainability Committee Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Lamido Sanusi as Member of the Social, Ethics and Sustainability Committee Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Nicky Newton-King as Director Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Nicky Newton-King as Member of the Social, Ethics and Sustainability Committee Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Noluthando Gosa as Director Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Nosipho Molope as Director Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Nosipho Molope as Member of the Audit Committee Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Ralph Mupita as Director Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Sandile Gwala as Member of the Audit Committee Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Sindi Mabaso-Koyana as Member of the Audit Committee Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Tim Pennington as Director Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Tim Pennington as Member of the Audit Committee Director Elections Board AGAINST 7
MTN Group Ltd. May 29, 2026 Re-elect Vincent Rague as Member of the Audit Committee Director Elections Board AGAINST 7
Maplebear Inc. May 22, 2026 To approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 7
Tencent Holdings Limited May 13, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 7
Thales SA May 12, 2026 Reelect Anne-Claire Taittinger as Director Director Elections Board AGAINST 7
Thales SA May 12, 2026 Reelect Eric Trappier as Director Director Elections Board AGAINST 7
Thales SA May 12, 2026 Reelect Loik Segalen as Director Director Elections Board AGAINST 7
Thales SA May 12, 2026 Reelect Marie-Francoise Walbaum as Director Director Elections Board AGAINST 7
Thales SA May 12, 2026 Reelect Patrice Caine as Director Director Elections Board AGAINST 7
Thales SA May 12, 2026 Reelect Valerie Guillemet as Director Director Elections Board AGAINST 7
The Boston Beer Company, Inc. May 27, 2026 Advisory vote to approve our Named Executive Officers' executive compensation. Say-on-Pay Board (inferred) AGAINST 7
Tyson Foods, Inc. February 5, 2026 To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 7
Workday, Inc. June 16, 2026 To approve, on an advisory basis, the compensation of our named executive officers as disclosed in the Proxy Statement. Say-on-Pay Board (inferred) AGAINST 7
WuXi AppTec Co., Ltd. April 28, 2026 Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP and Deloitte Touche Tohmatsu as PRC Financial Report and Internal Control Report Auditors and as Offshore Financial Report Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 7
Acadia Pharmaceuticals Inc. May 29, 2026 To approve an amendment to the Company's 2024 Equity Incentive Plan to, among other things, increase the aggregate number of shares of common stock authorized for issuance under the plan by 5,209,670 shares. Compensation Board AGAINST 6
Aena S.M.E. SA April 16, 2026 Ratify Appointment of and Elect Alicia de los Remedios de Haro Acosta as Director Director Elections Board AGAINST 6
Aena S.M.E. SA April 16, 2026 Ratify Appointment of and Elect Roberto Angulo Revilla as Director Director Elections Board AGAINST 6
Aena S.M.E. SA April 16, 2026 Reelect Manuel Delacampagne Crespo as Director Director Elections Board AGAINST 6
Aena S.M.E. SA April 16, 2026 Reelect Maurici Lucena Betriu as Director Director Elections Board AGAINST 6
AerCap Holdings NV April 15, 2026 Approve Increase in Number of Ordinary Shares for Issuance under the Equity Incentive Plan Compensation Board AGAINST 6
AerCap Holdings NV April 15, 2026 Approve Report of the Nomination and Compensation Committee Compensation Board AGAINST 6
Aeva Technologies, Inc. June 18, 2026 Election of Class II Directors: Hrach Simonian Director Elections Board WITHHOLD 6
Alexander's, Inc. May 21, 2026 Election of Directors: Mandakini Puri Director Elections Board WITHHOLD 6
Alexander's, Inc. May 21, 2026 Election of Directors: Russell B. Wight, Jr. Director Elections Board WITHHOLD 6
Alexander's, Inc. May 21, 2026 Election of Directors: Thomas R. DiBenedetto Director Elections Board WITHHOLD 6
Alkermes plc May 20, 2026 To approve the Alkermes plc 2018 Stock Option and Incentive Plan, as amended. Compensation Board AGAINST 6
Ambarella, Inc. June 26, 2026 To approve an amendment and restatement of the Ambarella, Inc. 2021 Equity Incentive Plan. Compensation Board AGAINST 6
American Assets Trust, Inc. June 1, 2026 Election of Directors: Dr. Robert S. Sullivan Director Elections Board WITHHOLD 6
American Assets Trust, Inc. June 1, 2026 Election of Directors: Joy L. Schaefer Director Elections Board WITHHOLD 6
American Eagle Outfitters, Inc. June 26, 2026 Approve an amendment and restatement of the Company's 2023 Stock Award and Incentive Plan to increase the number of authorized shares thereunder. Compensation Board AGAINST 6
Appian Corporation June 3, 2026 Election of Directors: Barbara Bobbie Kilberg Director Elections Board WITHHOLD 6
Appian Corporation June 3, 2026 Election of Directors: Carl Boe Hartman II Director Elections Board WITHHOLD 6
Appian Corporation June 3, 2026 Election of Directors: David Link Director Elections Board WITHHOLD 6
Appian Corporation June 3, 2026 Election of Directors: Mark Lynch Director Elections Board WITHHOLD 6
Appian Corporation June 3, 2026 Election of Directors: Matthew Calkins Director Elections Board WITHHOLD 6
Appian Corporation June 3, 2026 Election of Directors: Michael Beckley Director Elections Board WITHHOLD 6
Appian Corporation June 3, 2026 Election of Directors: Robert C. Kramer Director Elections Board WITHHOLD 6
Appian Corporation June 3, 2026 Election of Directors: Shirley A. Edwards Director Elections Board WITHHOLD 6
Appian Corporation June 3, 2026 To approve the Appian Corporation Amended and Restated 2017 Equity Incentive Plan. Compensation Board AGAINST 6
Atlassian Corporation December 2, 2025 Approval of an amendment and restatement to our 2015 Employee Share Purchase Plan. Compensation Board AGAINST 6
Atlassian Corporation December 2, 2025 Approval of an amendment and restatement to our 2015 Share Incentive Plan. Compensation Board AGAINST 6
AtriCure, Inc. May 18, 2026 Proposal to approve an amendment to the AtriCure, Inc. 2023 Stock Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder by 1,500,000. Compensation Board AGAINST 6
BK Technologies Corporation June 18, 2026 To elect seven directors to serve one-year terms: Lloyd R. Sams Director Elections Board WITHHOLD 6
Bandwidth Inc. May 28, 2026 To elect two Class III directors to serve until the 2029 annual meeting of stockholders and until their successors are duly elected and qualified: David A. Morken Director Elections Board WITHHOLD 6
Bank of China Limited April 22, 2026 Elect Ge Haijiao as Director Director Elections Board AGAINST 6
Bank of China Limited April 22, 2026 Elect Zhang Yong as Director Director Elections Board AGAINST 6
Bank of Hawaii Corporation April 24, 2026 Say on Pay - An advisory vote on executive compensation. Say-on-Pay Board (inferred) AGAINST 6
Bio-Rad Laboratories, Inc. April 21, 2026 Nominees: Arnold A. Pinkston Director Elections Board AGAINST 6
Bio-Rad Laboratories, Inc. April 21, 2026 Nominees: Melinda Litherland Director Elections Board AGAINST 6
BioCryst Pharmaceuticals, Inc. June 11, 2026 To approve an amended and restated Stock Incentive Plan, increasing the number of shares available for issuance under the Stock Incentive Plan. Compensation Board AGAINST 6
Blend Labs, Inc. June 17, 2026 The election of the following director nominees: Gerald Chen Director Elections Board WITHHOLD 6
Brightstar Lottery Plc May 12, 2026 Elect Director Lorenzo Pellicioli Director Elections Board AGAINST 6
CK Hutchison Holdings Limited May 21, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 6
CK Hutchison Holdings Limited May 21, 2026 Elect Andrew John Hunter as Director Director Elections Board AGAINST 6
CK Hutchison Holdings Limited May 21, 2026 Elect Fok Kin Ning, Canning as Director Director Elections Board AGAINST 6
CK Hutchison Holdings Limited May 21, 2026 Elect Lai Kai Ming, Dominic as Director Director Elections Board AGAINST 6
CK Hutchison Holdings Limited May 21, 2026 Elect Paul Joseph Tighe as Director Director Elections Board AGAINST 6
CK Hutchison Holdings Limited May 21, 2026 Elect Wong Kwai Lam as Director Director Elections Board AGAINST 6
Calix, Inc. May 14, 2026 To approve 672,300 shares of common stock reserved for issuance for the matching component of the Calix, Inc. Stock Purchase and Matching Plan. Compensation Board AGAINST 6
Capricor Therapeutics, Inc. June 4, 2026 ELECTION OF DIRECTORS: David Musket Director Elections Board WITHHOLD 6
Capricor Therapeutics, Inc. June 4, 2026 ELECTION OF DIRECTORS: Frank Litvack Director Elections Board WITHHOLD 6
Capricor Therapeutics, Inc. June 4, 2026 ELECTION OF DIRECTORS: George Dunbar Director Elections Board WITHHOLD 6
Capricor Therapeutics, Inc. June 4, 2026 ELECTION OF DIRECTORS: Karimah Es Sabar Director Elections Board WITHHOLD 6
Capricor Therapeutics, Inc. June 4, 2026 ELECTION OF DIRECTORS: Linda Marban Director Elections Board WITHHOLD 6
Capricor Therapeutics, Inc. June 4, 2026 ELECTION OF DIRECTORS: Michael Kelliher Director Elections Board WITHHOLD 6
Capricor Therapeutics, Inc. June 4, 2026 ELECTION OF DIRECTORS: Paul Auwaerter Director Elections Board WITHHOLD 6
Capricor Therapeutics, Inc. June 4, 2026 ELECTION OF DIRECTORS: Philip Gotwals Director Elections Board WITHHOLD 6
CarGurus, Inc. June 3, 2026 To elect two Class III directors to hold office until the 2029 Annual Meeting of Stockholders: Manik Gupta Director Elections Board WITHHOLD 6

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Built October 25, 2026 from SEC Form N-PX filings.