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Franklin Utilities Fund (FKUTX) 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)
TickersFKUTX (Class A1), FRUSX (Class C), FRUAX (Advisor Class), FRURX (Class R), FUFRX (Class R6), FKUQX (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 100% of the time across 41 votes.
| Issue | Proposals faced | Backed | Share backed |
|---|---|---|---|
| Climate & environment | 6 | 1 | 16.7% |
| Executive pay | 1 | 0 | 0% |
| Corporate governance | 11 | 4 | 36.4% |
Ballots it voted
NextEra Energy, Inc. · 21 May 2026 · put on the ballot by shareholder · Climate & environment
Should NextEra Energy 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.
FOR Franklin Utilities Fund voted with 8,300,000 shares
“A proposal entitled "Paris Agreement Alignment" requesting NextEra Energy publish a report describing if and how the Company plans to reduce its total contribution to climate change and align its operations and investments with the Paris Agreement's goal of maintaining global temperatures well below”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006758 · open the filing
NextEra Energy, Inc. · 21 May 2026 · put on the ballot by shareholder · Climate & environment
Should NextEra Energy 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 Utilities Fund voted with 8,300,000 shares
“A proposal entitled "Report on Net Zero Business Performance Risks" requesting the Board of Directors of NextEra Energy prepare a report within the next year, evaluating the potential costs and benefits to NextEra Energy created by aggressive emission reduction policies.”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006758 · open the filing
Edison International · 23 April 2026 · put on the ballot by shareholder · Executive pay
Regarding Retention of Equity
AGAINST Franklin Utilities Fund voted with 2,500,000 shares
“Shareholder Proposal Regarding Retention of Equity”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006758 · open the filing
The Southern Company · 13 May 2026 · put on the ballot by shareholder
Should the person who runs Southern 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 Utilities Fund voted with 4,000,000 shares
“Stockholder proposal regarding independent board chairman”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006758 · open the filing
Sempra · 12 May 2026 · put on the ballot by shareholder
Should the person who runs Sempra 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 Utilities Fund voted with 3,977,900 shares
“Shareholder proposal requesting an independent board chairman”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceFranklin Custodian Funds, Form N-PX filed 2026-08-21 · accession 0001193125-26-360492 · series S000006758 · open the filing
Other funds Franklin Custodian 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 →