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Franklin Income Fund (FKINX) proxy voting record 2026
Three of its ballots from this season. Vote first, then see what it did with the shares your savings paid for.
The question on the ballot
As filed
Franklin Custodian Funds files this fund's proxy votes with the SEC once a year. This is what it did with the shares your retirement savings paid for.
SourceProxy-voting record filed by Franklin Custodian Funds on 2026-08-21 · open the filing · vote table (proxyvote.xml, 3.3 MB)
TickersFKINX (Class A1), FCISX (Class C), FRIAX (Advisor Class), FISRX (Class R), FNCFX (Class R6), FKIQX (Class A) · share classes of one fund, with one proxy-voting record · as listed in its latest SEC filing of proxy votes
How it voted, by issue
Fund companies sometimes file the same proposal under different subjects. So that funds can be compared, each proposal is counted under the subject most of the filings we read gave it, the same for every fund on this site. On management's own executive pay resolutions, this fund voted in favour 95.8% of the time across 48 votes.
| Issue | Proposals faced | Backed | Share backed |
|---|---|---|---|
| Climate & environment | 31 | 1 | 3.2% |
| Workers & human rights | 4 | 0 | 0% |
| Pay equity & inclusion | 1 | 0 | 0% |
| Executive pay | 2 | 0 | 0% |
| Corporate governance | 35 | 14 | 40% |
| Other social issues | 11 | 0 | 0% |
Ballots it voted
The Southern Company · 13 May 2026 · put on the ballot by shareholder · Climate & environment
Should Southern publish a fuller account of its emissions and how it plans to cut them?
Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.
AGAINST Franklin Income Fund voted with 9,000,000 shares
“Stockholder proposal regarding a report on climate due diligence”
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006756 · open the filing
Verizon Communications Inc. · 21 May 2026 · put on the ballot by shareholder · Climate & environment
Should Verizon Communications publish a fuller account of its emissions and how it plans to cut them?
Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.
AGAINST Franklin Income Fund voted with 7,500,000 shares
“Board oversight of material issues related to climate change”
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006756 · open the filing
Chevron Corporation · 27 May 2026 · put on the ballot by shareholder · Workforce & human rights
Should Chevron assess the human rights risks its own operations create?
Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.
AGAINST Franklin Income Fund voted with 7,500,000 shares
“Commission a Third-Party Report on Human Rights Processes”
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006756 · open the filing
PepsiCo, Inc. · 6 May 2026 · put on the ballot by shareholder · Workforce & human rights
Should PepsiCo assess the human rights risks its own operations create?
Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.
AGAINST Franklin Income Fund voted with 5,000,000 shares
“Shareholder Proposal - Report on Human Rights Oversight.”
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006756 · open the filing
The Coca-Cola Company · 29 April 2026 · put on the ballot by shareholder · Pay equity & inclusion
Should Coca-Cola publish what its inclusion policies actually do for its workforce?
Shareholders asked for a report on the company’s LGBTQIA+ equity and inclusion efforts within its human capital management strategy — what the policies are, how they are measured, and what they have changed for employees.
AGAINST Franklin Income Fund voted with 3,000,000 shares
“Vote on a shareowner proposal requesting a report on the extent of the Company's diversity, equity and inclusion efforts”
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006756 · open the filing
Capital One Financial Corporation · 8 May 2026 · put on the ballot by shareholder · Executive pay
Should shareholders get a vote before Capital One Financial pays a departing executive?
Shareholders asked the company to seek shareholder approval for any severance package to a senior executive above a set multiple of salary and bonus — so that very large exit payments cannot be agreed by the board alone.
AGAINST Franklin Income Fund voted with 500,000 shares
“Stockholder proposal to require a shareholder vote on golden parachute arrangements.”
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006756 · open the filing
International Business Machines Corporation · 28 April 2026 · put on the ballot by shareholder · Executive pay
A Change to IBM's Outside Director Stock Ownership Guidelines
AGAINST Franklin Income Fund voted with 1,500,000 shares
“Stockholder Proposal Requesting a Change to IBM's Outside Director Stock Ownership Guidelines”
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006756 · open the filing
Pfizer Inc. · 23 April 2026 · put on the ballot by shareholder
Should the person who runs Pfizer also chair the board that supervises them?
Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.
FOR Franklin Income Fund voted with 17,000,000 shares
“Adopt an Independent Chair Policy”
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006756 · open the filing
Other funds Franklin Custodian Funds votes
The same filer reports these alongside this one, in the same annual filing.
No 401(k) plan we index offers this fund. Its record is here because the fund files it with the SEC, as every fund must: whoever holds it, in an IRA, a brokerage account or a plan we have not indexed, the fund votes those shares as shown on this page.