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Franklin Natural Resources Fund (FNCRX) 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 Strategic Series 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 Strategic Series on 2026-08-21 · open the filing · vote table (proxyvote.xml, 4.5 MB)
TickersFNCRX (CLASS C), FRNRX (CLASS A), FNRAX (ADVISOR CLASS), FNCSX (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. On management's own executive pay resolutions, this fund voted in favour 93.3% of the time across 75 votes.
| Issue | Proposals faced | Backed | Share backed |
|---|---|---|---|
| Climate & environment | 4 | 0 | 0% |
| Workers & human rights | 2 | 0 | 0% |
| Corporate governance | 9 | 4 | 44.4% |
Ballots it voted
Lundin Mining Corporation · 7 May 2026 · put on the ballot by shareholder · Climate & environment
Should Lundin Mining 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 Natural Resources Fund voted with 312,300 shares
“SP 1: Disclose Greenhouse Gas Emissions (GHG) Reduction Strategy”
SourceFranklin Strategic Series, Form N-PX filed 2026-08-21 · accession 0001193125-26-360729 · series S000006887 · open the filing
Linde Plc · 29 July 2025 · put on the ballot by shareholder · Climate & environment
Should Linde say whether its lobbying matches the climate targets it announces?
Shareholders asked the company to report on whether its own lobbying — and the lobbying done by the trade associations it funds — is consistent with the climate goals it publishes.
AGAINST Franklin Natural Resources Fund voted with 16,100 shares
“A shareholder proposal requesting an annual report regarding the alignment of the Company's direct and indirect lobbying activities with the Company's 2050 climate neutrality ambition.”
SourceFranklin Strategic Series, Form N-PX filed 2026-08-21 · accession 0001193125-26-360729 · series S000006887 · 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 Natural Resources Fund voted with 80,140 shares
“Commission a Third-Party Report on Human Rights Processes”
SourceFranklin Strategic Series, Form N-PX filed 2026-08-21 · accession 0001193125-26-360729 · series S000006887 · open the filing
Chevron Corporation · 27 May 2026 · put on the ballot by shareholder · Workforce & human rights
Report on Indigenous Peoples' Rights
AGAINST Franklin Natural Resources Fund voted with 80,140 shares
“Report on Indigenous Peoples' Rights”
SourceFranklin Strategic Series, Form N-PX filed 2026-08-21 · accession 0001193125-26-360729 · series S000006887 · open the filing
ConocoPhillips · 12 May 2026 · put on the ballot by shareholder
Should the person who runs ConocoPhillips 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 Natural Resources Fund voted with 140,500 shares
“Stockholder Proposal - Independent Board Chairman.”
SourceFranklin Strategic Series, Form N-PX filed 2026-08-21 · accession 0001193125-26-360729 · series S000006887 · open the filing
Exxon Mobil Corporation · 27 May 2026 · put on the ballot by shareholder
Should the person who runs Exxon Mobil 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.
AGAINST Franklin Natural Resources Fund voted with 131,606 shares
“Independent Chair, a proposal overwhelmingly defeated on 16 separate occasions since 2000”
SourceFranklin Strategic Series, Form N-PX filed 2026-08-21 · accession 0001193125-26-360729 · series S000006887 · open the filing
Other funds Franklin Strategic Series 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.