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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

1,401 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
King Yuan Electronics Co., Ltd. May 29, 2026 Elect Semi Wang, with Shareholder No. 30015, as Independent Director Director Elections Board AGAINST 5
King Yuan Electronics Co., Ltd. May 29, 2026 Elect Shi-Jer Sheen, with Shareholder No. R120038XXX, as Independent Director Director Elections Board AGAINST 5
King Yuan Electronics Co., Ltd. May 29, 2026 Elect Ya -Ching Li, with Shareholder No. Y220060XXX, as Independent Director Director Elections Board AGAINST 5
Larsen & Toubro Limited January 18, 2026 Elect Amitabh Kant as Director Director Elections Board AGAINST 5
Larsen & Toubro Limited January 18, 2026 Elect B. Santhanam as Director Director Elections Board AGAINST 5
Larsen & Toubro Limited January 18, 2026 Reelect Preetha Reddy as Director Director Elections Board AGAINST 5
Mahindra & Mahindra Limited July 31, 2025 Reelect Nisaba Godrej as Director Director Elections Board AGAINST 5
Mahindra & Mahindra Limited November 26, 2025 Elect Muthu Raju Paravasa Raju Vijay Kumar as Director Director Elections Board AGAINST 5
Manhattan Associates, Inc. May 14, 2026 Election of Directors: Linda T. Hollembaek Director Elections Board AGAINST 5
Natera, Inc. June 11, 2026 To approve an amendment to Natera's 2015 Equity Incentive Plan, as amended and restated. Compensation Board AGAINST 5
Neurocrine Biosciences, Inc. May 27, 2026 To approve an amendment of the Company's 2025 Equity Incentive Plan to increase the aggregate number of shares of common stock reserved for issuance thereunder by 4,000,000 shares; and Compensation Board AGAINST 5
Oracle Corp Japan August 22, 2025 Elect Director Fujimori, Yoshiaki Director Elections Board AGAINST 5
Oracle Corp Japan August 22, 2025 Elect Director Garrett Ilg Director Elections Board AGAINST 5
Oracle Corp Japan August 22, 2025 Elect Director John L. Hall Director Elections Board AGAINST 5
Oracle Corp Japan August 22, 2025 Elect Director Kimberly Woolley Director Elections Board AGAINST 5
Oracle Corp Japan August 22, 2025 Elect Director Kuroda, Yukiko Director Elections Board AGAINST 5
Oracle Corp Japan August 22, 2025 Elect Director Misawa, Toshimitsu Director Elections Board AGAINST 5
Oracle Corp Japan August 22, 2025 Elect Director Natsuno, Takeshi Director Elections Board AGAINST 5
Oracle Corp Japan August 22, 2025 Elect Director S. Krishna Kumar Director Elections Board AGAINST 5
Oracle Corp Japan August 22, 2025 Elect Director Vincent S. Grelli Director Elections Board AGAINST 5
Pandora AS March 11, 2026 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 5
Pandora AS March 11, 2026 Reelect Catherine Spindler as Director Director Elections Board ABSTAIN 5
PayPal Holdings, Inc. May 19, 2026 Approval of the PayPal Holdings, Inc. 2026 Equity Incentive Award Plan. Compensation Board AGAINST 5
Primerica, Inc. May 21, 2026 To elect the following directors: John A. Addison, Jr. Director Elections Board AGAINST 5
Recruit Holdings Co., Ltd. June 24, 2026 Appoint Alternate Statutory Auditor Tokumoto, Naoko Compensation Board AGAINST 5
Recruit Holdings Co., Ltd. June 24, 2026 Appoint Statutory Auditor Nishimura, Takashi Compensation Board AGAINST 5
Rocket Lab Corporation August 27, 2025 To approve, on a non-binding advisory basis, the compensation of our named executive officers disclosed in the accompanying proxy statement. Say-on-Pay Board (inferred) AGAINST 5
Stifel Financial Corp. June 9, 2026 To approve the adoption of an amendment to the Stifel Financial Corp. 2001 Incentive Stock Plan (2018 Restatement) Compensation Board AGAINST 5
Teradata Corporation May 14, 2026 Approval of the Teradata 2023 Stock Incentive Plan, as Amended and Restated. Compensation Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Barbara A. Tyson Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Cheryl S. Miller Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: David J. Bronczek Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Donnie King Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Jeffrey K. Schomburger Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: John H. Tyson Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: John R. Tyson Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Kate B. Quinn Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Les R. Baledge Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Maria Claudia Borras Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Maria N. Martinez Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Mike Beebe Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Noel White Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Olivia L. Tyson Director Elections Board AGAINST 5
Tyson Foods, Inc. February 5, 2026 Election of Directors: Sarah Bond Director Elections Board AGAINST 5
UltraTech Cement Ltd. August 19, 2025 Elect V. Chandrasekaran as Director Director Elections Board AGAINST 5
Unipol Assicurazioni SpA April 29, 2026 Approve Remuneration Policy Compensation Board AGAINST 5
Unipol Assicurazioni SpA April 29, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 5
Virtu Financial, Inc. June 10, 2026 Election of Directors: Aaron Simons Director Elections Board WITHHOLD 5
Virtu Financial, Inc. June 10, 2026 Election of Directors: Joanne M. Minieri Director Elections Board WITHHOLD 5
Virtu Financial, Inc. June 10, 2026 Election of Directors: Joseph J. Grano, Jr. Director Elections Board WITHHOLD 5
Workday, Inc. June 16, 2026 Election of Class II Directors: Wayne A.I. Frederick, M.D. Director Elections Board AGAINST 5
Workday, Inc. June 16, 2026 To approve the amendment and restatement of our 2012 Employee Stock Purchase Plan to increase the number of shares of common stock reserved for issuance. Compensation Board AGAINST 5
Workday, Inc. June 16, 2026 To approve the amendment and restatement of our 2022 Equity Incentive Plan to increase the number of shares of common stock reserved for issuance. Compensation Board AGAINST 5
Zoom Communications, Inc. June 11, 2026 Elect two nominees for Class I director to serve until our 2029 Annual Meeting of Stockholders and until their successors are duly elected and qualified: Eric S. Yuan Director Elections Board WITHHOLD 5
bioMerieux SA May 28, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 5
bioMerieux SA May 28, 2026 Approve Compensation of Pierre Boulud, CEO Compensation Board AGAINST 5
bioMerieux SA May 28, 2026 Approve Remuneration Policy of CEO Compensation Board AGAINST 5
bioMerieux SA May 28, 2026 Approve Remuneration Policy of Chairman of the Board Compensation Board AGAINST 5
bioMerieux SA May 28, 2026 Approve Remuneration Policy of Corporate Officers Compensation Board AGAINST 5
bioMerieux SA May 28, 2026 Authorize up to 10 Percent of Issued Capital for Use in Stock Option Plans Compensation Board AGAINST 5
bioMerieux SA May 28, 2026 Elect Francois Lacoste as Director Director Elections Board AGAINST 5
bioMerieux SA May 28, 2026 Reelect Alexandre Merieux as Director Director Elections Board AGAINST 5
8x8, Inc. July 25, 2025 To approve an amendment to the 8x8, Inc.'s 2022 Equity Incentive Plan to increase the number of shares of common stock available for issuance thereunder by 8,500,000 shares. Compensation Board AGAINST 4
Amer Sports, Inc. May 14, 2026 Elect Director Bruno Salzer Director Elections Board AGAINST 4
Amer Sports, Inc. May 14, 2026 Elect Director Dennis J. (Chip) Wilson Director Elections Board AGAINST 4
Amer Sports, Inc. May 14, 2026 Elect Director Jie (James) Zheng Director Elections Board AGAINST 4
Amer Sports, Inc. May 14, 2026 Elect Director Kin Wah Stephen Yiu Director Elections Board AGAINST 4
Associated Banc-Corp April 28, 2026 To elect Wende Kotouc as a Director Director Elections Board WITHHOLD 4
Berkeley Group Holdings Plc September 5, 2025 Approve Remuneration Policy Compensation Board AGAINST 4
BrightSpring Health Services, Inc. May 21, 2026 Election of Class II directors: Steve Miller Director Elections Board WITHHOLD 4
Contemporary Amperex Technology Co., Ltd. April 3, 2026 Approve Entrusted Wealth Management Plan Extraordinary Transactions Board AGAINST 4
Contemporary Amperex Technology Co., Ltd. April 3, 2026 Approve Estimated Cap for Provision of Guarantee Capital Structure Board AGAINST 4
Costamare Inc. October 2, 2025 Elect Director Charlotte Stratos Director Elections Board AGAINST 4
Costamare Inc. October 2, 2025 Elect Director Konstantinos Konstantakopoulos Director Elections Board AGAINST 4
Cushman & Wakefield plc October 16, 2025 To approve Scheme Resolution No. 1, a proposal to approve the Scheme and give the Board the authority to carry out the procedural actions necessary to implement the Scheme. Extraordinary Transactions Board AGAINST 4
Cushman & Wakefield plc October 16, 2025 To approve Scheme Resolution No. 2, a proposal to authorize the reduction of the Company's share capital associated with the cancellation and extinguishment of the Scheme Shares. Capital Structure Board AGAINST 4
Cushman & Wakefield plc October 16, 2025 To approve Scheme Resolution No. 4, a proposal to approve the issue of the New Shares to New Cushman & Wakefield as part of the Scheme such that Cushman & Wakefield will become a wholly-owned, direct subsidiary of New Cushman & Wakefield. Extraordinary Transactions Board AGAINST 4
Cushman & Wakefield plc October 16, 2025 To approve the Court Meeting Resolution, a resolution to approve the Scheme as set forth in the Document. Extraordinary Transactions Board AGAINST 4
Enanta Pharmaceuticals, Inc. March 11, 2026 To approve an amendment to our 2019 Equity Incentive Plan. Compensation Board AGAINST 4
Farmland Partners Inc. April 28, 2026 Election of Directors: Dr. Bruce J. Sherrick Director Elections Board WITHHOLD 4
Farmland Partners Inc. April 28, 2026 Election of Directors: Mr. Danny D. Moore Director Elections Board WITHHOLD 4
Farmland Partners Inc. April 28, 2026 Election of Directors: Mr. John A. Good Director Elections Board WITHHOLD 4
First Financial Corporation April 15, 2026 Election of Directors: Gregory L. Gibson Director Elections Board WITHHOLD 4
First Financial Corporation April 15, 2026 Election of Directors: Mark J. Blade Director Elections Board WITHHOLD 4
First Financial Corporation April 15, 2026 Election of Directors: Norman D. Lowery Director Elections Board WITHHOLD 4
First Financial Corporation April 15, 2026 Election of Directors: Paul J. Pierson Director Elections Board WITHHOLD 4
First Financial Corporation April 15, 2026 Election of Directors: Richard J. Shagley Director Elections Board WITHHOLD 4
Grindr Inc. July 30, 2025 Election of Directors: James Fu Bin Lu Director Elections Board WITHHOLD 4
Hilltop Holdings Inc. July 24, 2025 Election of Directors: Jeremy B. Ford Director Elections Board WITHHOLD 4
Hilltop Holdings Inc. July 24, 2025 Election of Directors: Kenneth D. Russell Director Elections Board WITHHOLD 4
Hovnanian Enterprises, Inc. March 31, 2026 Approval of the Fourth Amended and Restated 2020 Hovnanian Enterprises, Inc. Stock Incentive Plan. Compensation Board AGAINST 4
Hut 8 Corp. June 11, 2026 To approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
IDT Corporation December 11, 2025 Election of Directors: Elaine S. Yatzkan Director Elections Board AGAINST 4
IDT Corporation December 11, 2025 Election of Directors: Eric F. Cosentino Director Elections Board AGAINST 4
IDT Corporation December 11, 2025 Election of Directors: Howard S. Jonas Director Elections Board AGAINST 4
IDT Corporation December 11, 2025 Election of Directors: Irwin Katsof Director Elections Board AGAINST 4
IDT Corporation December 11, 2025 Election of Directors: Judah Schorr Director Elections Board AGAINST 4
IDT Corporation December 11, 2025 To approve an amendment to the IDT Corporation 2024 Equity Incentive Plan that will increase the number of shares of the Company's Class B Common Stock available for the grant of awards thereunder by an additional 175,000. Compensation Board AGAINST 4
Lantheus Holdings, Inc. April 30, 2026 The approval of the Lantheus Holdings, Inc. Amended and Restated 2026 Equity Incentive Plan. Compensation Board AGAINST 4
LiveRamp Holdings, Inc. August 12, 2025 Approval of an increase in the number of shares available for issuance under the Company's Amended and Restated 2005 Equity Compensation Plan. Compensation Board AGAINST 4

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Built November 7, 2026 from SEC Form N-PX filings.