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Franklin Mutual Beacon Fund (TEBIX) 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 Mutual Series 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 Mutual Series Funds on 2026-08-21 · open the filing · vote table (proxyvote.xml, 4.1 MB)
TickersTEBIX (CLASS A), TEMEX (CLASS C), BEGRX (CLASS Z), FMBRX (Class R6) · 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. Counted by this fund’s own filing alone, 1 of its 48 shareholder proposals would sit under a different issue, or under none. On management's own executive pay resolutions, this fund voted in favour 89.7% of the time across 29 votes.
| Issue | Proposals faced | Backed | Share backed |
|---|---|---|---|
| Climate & environment | 14 | 0 | 0% |
| Workers & human rights | 4 | 0 | 0% |
| Pay equity & inclusion | 1 | 0 | 0% |
| Executive pay | 2 | 1 | 50% |
| Corporate governance | 11 | 9 | 81.8% |
| Other social issues | 16 | 2 | 12.5% |
Ballots it voted
Amazon.com, Inc. · 20 May 2026 · put on the ballot by shareholder · Climate & environment
Should Amazon.com report what its data centres do to its climate commitments?
Shareholders asked for a report on the electricity and water its data-centre build-out consumes, and on whether the growth in that demand can be squared with the emissions targets the company has already committed to.
AGAINST Franklin Mutual Beacon Fund voted with 627,701 shares
“SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL REPORTING ON IMPACT OF DATA CENTERS ON CLIMATE COMMITMENTS”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Mutual Series Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360573 · series S000007860 · open the filing
Amazon.com, Inc. · 20 May 2026 · put on the ballot by shareholder · Climate & environment
Should Amazon.com 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 Mutual Beacon Fund voted with 627,701 shares
“SHAREHOLDER PROPOSAL REQUESTING A REPORT ON IMPACT OF CLIMATE COMMITMENTS”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Mutual Series Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360573 · series S000007860 · open the filing
General Motors Company · 2 June 2026 · put on the ballot by shareholder · Workforce & human rights
Should General Motors 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 Mutual Beacon Fund voted with 917,192 shares
“Shareholder Proposal Requesting a Report on Human Rights Standards for Indigenous Peoples”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Mutual Series Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360573 · series S000007860 · 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 Mutual Beacon Fund voted with 311,673 shares
“Commission a Third-Party Report on Human Rights Processes”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Mutual Series Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360573 · series S000007860 · open the filing
Adobe Inc. · 15 April 2026 · put on the ballot by shareholder · Pay equity & inclusion
Should Adobe disclose, or change, who sits on its board?
Shareholders asked the company to publish a board skills-and-diversity matrix, or to commit to a minimum representation of women among its directors.
AGAINST Franklin Mutual Beacon Fund voted with 205,192 shares
“Stockholder Proposal Regarding Board Matrix.”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Mutual Series Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360573 · series S000007860 · open the filing
Adobe Inc. · 15 April 2026 · put on the ballot by shareholder · Executive pay
Should shareholders get a vote before Adobe 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 Mutual Beacon Fund voted with 205,192 shares
“Stockholder Proposal Regarding Vote on Golden Parachutes.”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Mutual Series Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360573 · series S000007860 · open the filing
Meta Platforms, Inc. · 27 May 2026 · put on the ballot by shareholder · Executive pay
Regarding annual vote regarding executive pay.
FOR Franklin Mutual Beacon Fund voted with 113,198 shares
“A shareholder proposal regarding annual vote regarding executive pay.”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Mutual Series Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360573 · series S000007860 · open the filing
Colgate-Palmolive Company · 8 May 2026 · put on the ballot by shareholder
Should the person who runs Colgate-Palmolive 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 Mutual Beacon Fund voted with 1,487,979 shares
“Stockholder proposal entitled "Independent Board Chairman."”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Mutual Series Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360573 · series S000007860 · open the filing
Other funds Franklin Mutual Series Funds votes
The same filer reports these alongside this one, in the same annual filing.
Every Franklin Templeton fund we track, and how each one voted →
Retirement plans that offer it
Vote these ballots yourself
See how you would have voted, then what this fund did — one card at a time. Open the full ballot deck for this fund →