fut_npx-0617.htm - Generated by SEC Publisher for SEC Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM N-PX

 

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number 811-05569   

 

Franklin Universal Trust

(Exact name of registrant as specified in charter)

 

One Franklin Parkway, San Mateo, CA 94403-1906

(Address of principal executive offices) (Zip code)

 

Craig S. Tyle, One Franklin Parkway, San Mateo, CA 94403-1906

(Name and address of agent for service)

 

Registrant's telephone number, including area code: (650) 312-2000

 

Date of fiscal year end:      8/31 

 

Date of reporting period:   6/30/17

 

Item 1. Proxy Voting Records.

 

Franklin Universal Trust

 

ALLIANT ENERGY CORPORATION
Meeting Date:  MAY 23, 2017
Record Date:  MAR 29, 2017
Meeting Type:  ANNUAL

Ticker:  LNT
Security ID:  018802108

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Patrick E. Allen

Management

For

For

1.2

Elect Director Patricia L. Kampling

Management

For

For

1.3

Elect Director Singleton B. McAllister

Management

For

For

1.4

Elect Director Susan D. Whiting

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

4

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

5

Report on Lobbying Payments and Political Contributions

Shareholder

Against

Against


 

 

 

AMERICAN ELECTRIC POWER COMPANY, INC.
Meeting Date:  APR 25, 2017
Record Date:  FEB 28, 2017
Meeting Type:  ANNUAL

Ticker:  AEP
Security ID:  025537101

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Nicholas K. Akins

Management

For

For

1.2

Elect Director David J. Anderson

Management

For

For

1.3

Elect Director J. Barnie Beasley, Jr.

Management

For

For

1.4

Elect Director Ralph D. Crosby, Jr.

Management

For

For

1.5

Elect Director Linda A. Goodspeed

Management

For

For

1.6

Elect Director Thomas E. Hoaglin

Management

For

For

1.7

Elect Director Sandra Beach Lin

Management

For

For

1.8

Elect Director Richard C. Notebaert

Management

For

For

1.9

Elect Director Lionel L. Nowell, III

Management

For

For

1.10

Elect Director Stephen S. Rasmussen

Management

For

For

1.11

Elect Director Oliver G. Richard, III

Management

For

For

1.12

Elect Director Sara Martinez Tucker

Management

For

For

2

Amend Executive Incentive Bonus Plan

Management

For

For

3

Ratify PricewaterhouseCoopers LLP as Auditors

Management

For

For

4

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

5

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

 

 

BHP BILLITON PLC
Meeting Date:  OCT 20, 2016
Record Date:  SEP 16, 2016
Meeting Type:  ANNUAL

Ticker:  BLT
Security ID:  05545E209

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1

Accept Financial Statements and Statutory Reports

Management

For

For

2

Reappoint KPMG LLP as Auditors

Management

For

For

3

Authorise the Risk and Audit Committee to Fix Remuneration of Auditors

Management

For

For

4

Authorise Issue of Equity with Pre-emptive Rights

Management

For

For

5

Authorise Issue of Equity without Pre-emptive Rights

Management

For

For

6

Authorise Market Purchase of Ordinary Shares

Management

For

For

7

Approve Remuneration Report for UK Law Purposes

Management

For

For

8

Approve Remuneration Report for Australian Law Purposes

Management

For

For

9

Approve Grant of Awards under the Group's Long Term Incentive Plan to Andrew Mackenzie

Management

For

For

10

Elect Ken MacKenzie as Director

Management

For

For

11

Re-elect Malcolm Brinded as Director

Management

For

For

12

Re-elect Malcolm Broomhead as Director

Management

For

For

13

Re-elect Pat Davies as Director

Management

For

For

14

Re-elect Anita Frew as Director

Management

For

For

15

Re-elect Carolyn Hewson as Director

Management

For

For

16

Re-elect Andrew Mackenzie as Director

Management

For

For

17

Re-elect Lindsay Maxsted as Director

Management

For

For

18

Re-elect Wayne Murdy as Director

Management

For

For

19

Re-elect Shriti Vadera as Director

Management

For

For

20

Re-elect Jac Nasser as Director

Management

For

For


 

 

 

CENTERPOINT ENERGY, INC.
Meeting Date:  APR 27, 2017
Record Date:  MAR 01, 2017
Meeting Type:  ANNUAL

Ticker:  CNP
Security ID:  15189T107

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director Milton Carroll

Management

For

For

1b

Elect Director Michael P. Johnson

Management

For

For

1c

Elect Director Janiece M. Longoria

Management

For

For

1d

Elect Director Scott J. McLean

Management

For

For

1e

Elect Director Theodore F. Pound

Management

For

For

1f

Elect Director Scott M. Prochazka

Management

For

For

1g

Elect Director Susan O. Rheney

Management

For

For

1h

Elect Director Phillip R. Smith

Management

For

For

1i

Elect Director John W. Somerhalder, II

Management

For

For

1j

Elect Director Peter S. Wareing

Management

For

For

2

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year


 

 

 

CMS ENERGY CORPORATION
Meeting Date:  MAY 05, 2017
Record Date:  MAR 07, 2017
Meeting Type:  ANNUAL

Ticker:  CMS
Security ID:  125896100

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director Jon E. Barfield

Management

For

For

1b

Elect Director Deborah H. Butler

Management

For

For

1c

Elect Director Kurt L. Darrow

Management

For

For

1d

Elect Director Stephen E. Ewing

Management

For

For

1e

Elect Director William D. Harvey

Management

For

For

1f

Elect Director Philip R. Lochner, Jr.

Management

For

For

1g

Elect Director Patricia K. Poppe

Management

For

For

1h

Elect Director John G. Russell

Management

For

For

1i

Elect Director Myrna M. Soto

Management

For

For

1j

Elect Director John G. Sznewajs

Management

For

For

1k

Elect Director Laura H. Wright

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

4

Report on Political Contributions

Shareholder

Against

Against

5

Ratify PricewaterhouseCoopers LLP as Auditors

Management

For

For

 

 

CONSOLIDATED EDISON, INC.
Meeting Date:  MAY 15, 2017
Record Date:  MAR 21, 2017
Meeting Type:  ANNUAL

Ticker:  ED
Security ID:  209115104

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director Vincent A. Calarco

Management

For

For

1b

Elect Director George Campbell, Jr.

Management

For

For

1c

Elect Director Michael J. Del Giudice

Management

For

For

1d

Elect Director Ellen V. Futter

Management

For

For

1e

Elect Director John F. Killian

Management

For

For

1f

Elect Director John McAvoy

Management

For

For

1g

Elect Director Armando J. Olivera

Management

For

For

1h

Elect Director Michael W. Ranger

Management

For

For

1i

Elect Director Linda S. Sanford

Management

For

For

1j

Elect Director L. Frederick Sutherland

Management

For

For

2

Ratify PricewaterhouseCoopers LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year


 

 

 

DOMINION RESOURCES, INC.
Meeting Date:  MAY 10, 2017
Record Date:  MAR 03, 2017
Meeting Type:  ANNUAL

Ticker:  D
Security ID:  25746U109

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director William P. Barr

Management

For

For

1.2

Elect Director Helen E. Dragas

Management

For

For

1.3

Elect Director James O. Ellis, Jr.

Management

For

For

1.4

Elect Director Thomas F. Farrell, II

Management

For

For

1.5

Elect Director John W. Harris

Management

For

For

1.6

Elect Director Ronald W. Jibson

Management

For

For

1.7

Elect Director Mark J. Kington

Management

For

For

1.8

Elect Director Joseph M. Rigby

Management

For

For

1.9

Elect Director Pamela J. Royal

Management

For

For

1.10

Elect Director Robert H. Spilman, Jr.

Management

For

For

1.11

Elect Director Susan N. Story

Management

For

For

1.12

Elect Director Michael E. Szymanczyk

Management

For

For

2

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

5

Change Company Name to Dominion Energy, Inc.

Management

For

For

6

Report on Lobbying Payments and Policy

Shareholder

Against

Against

7

Require Director Nominee with Environmental Experience

Shareholder

Against

Against

8

Assess Portfolio Impacts of Policies to Meet 2 Degree Scenario

Shareholder

Against

Against

9

Report on Methane Emissions Management and Reduction Targets

Shareholder

Against

Against


 

 

 

DTE ENERGY COMPANY
Meeting Date:  MAY 04, 2017
Record Date:  MAR 07, 2017
Meeting Type:  ANNUAL

Ticker:  DTE
Security ID:  233331107

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Gerard M. Anderson

Management

For

For

1.2

Elect Director David A. Brandon

Management

For

For

1.3

Elect Director W. Frank Fountain, Jr.

Management

For

For

1.4

Elect Director Charles G. McClure, Jr.

Management

For

For

1.5

Elect Director Gail J. McGovern

Management

For

For

1.6

Elect Director Mark A. Murray

Management

For

For

1.7

Elect Director James B. Nicholson

Management

For

For

1.8

Elect Director Charles W. Pryor, Jr.

Management

For

For

1.9

Elect Director Josue Robles, Jr.

Management

For

For

1.10

Elect Director Ruth G. Shaw

Management

For

For

1.11

Elect Director David A. Thomas

Management

For

For

1.12

Elect Director James H. Vandenberghe

Management

For

For

2

Ratify PricewaterhouseCoopers LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

5

Assess Portfolio Impacts of Policies to Meet 2 Degree Scenario

Shareholder

Against

For


 

 

 

DUKE ENERGY CORPORATION
Meeting Date:  MAY 04, 2017
Record Date:  MAR 06, 2017
Meeting Type:  ANNUAL

Ticker:  DUK
Security ID:  26441C204

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Michael J. Angelakis

Management

For

For

1.2

Elect Director Michael G. Browning

Management

For

For

1.3

Elect Director Theodore F. Craver, Jr.

Management

For

For

1.4

Elect Director Daniel R. DiMicco

Management

For

For

1.5

Elect Director John H. Forsgren

Management

For

For

1.6

Elect Director Lynn J. Good

Management

For

For

1.7

Elect Director John T. Herron

Management

For

For

1.8

Elect Director James B. Hyler, Jr.

Management

For

For

1.9

Elect Director William E. Kennard

Management

For

For

1.10

Elect Director E. Marie McKee

Management

For

For

1.11

Elect Director Charles W. Moorman, IV

Management

For

For

1.12

Elect Director Carlos A. Saladrigas

Management

For

For

1.13

Elect Director Thomas E. Skains

Management

For

For

1.14

Elect Director William E. Webster, Jr.

Management

For

For

2

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

5

Eliminate Supermajority Vote Requirement

Management

For

For

6

Report on Lobbying Expenses

Shareholder

Against

Against

7

Assess Portfolio Impacts of Policies to Meet 2 Degree Scenario

Shareholder

Against

For

8

Report on the Public Health Risk of Dukes Energy's Coal Use

Shareholder

Against

Against

 

 

EDISON INTERNATIONAL
Meeting Date:  APR 27, 2017
Record Date:  MAR 03, 2017
Meeting Type:  ANNUAL

Ticker:  EIX
Security ID:  281020107

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Vanessa C.L. Chang

Management

For

For

1.2

Elect Director Louis Hernandez, Jr.

Management

For

For

1.3

Elect Director James T. Morris

Management

For

For

1.4

Elect Director Pedro J. Pizarro

Management

For

For

1.5

Elect Director Linda G. Stuntz

Management

For

For

1.6

Elect Director William P. Sullivan

Management

For

For

1.7

Elect Director Ellen O. Tauscher

Management

For

For

1.8

Elect Director Peter J. Taylor

Management

For

For

1.9

Elect Director Brett White

Management

For

For

2

Ratify PricewaterhouseCoopers LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

5

Amend Proxy Access Right

Shareholder

Against

Against


 

 

 

ENBRIDGE INC.
Meeting Date:  MAY 11, 2017
Record Date:  MAR 23, 2017
Meeting Type:  ANNUAL

Ticker:  ENB
Security ID:  29250N105

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Pamela L. Carter

Management

For

For

1.2

Elect Director Clarence P. Cazalot, Jr.

Management

For

For

1.3

Elect Director Marcel R. Coutu

Management

For

For

1.4

Elect Director Gregory L. Ebel

Management

For

For

1.5

Elect Director J. Herb England

Management

For

For

1.6

Elect Director Charles W. Fischer

Management

For

For

1.7

Elect Director V. Maureen Kempston Darkes

Management

For

For

1.8

Elect Director Michael McShane

Management

For

For

1.9

Elect Director Al Monaco

Management

For

For

1.10

Elect Director Michael E.J. Phelps

Management

For

For

1.11

Elect Director Rebecca B. Roberts

Management

For

For

1.12

Elect Director Dan C. Tutcher

Management

For

For

1.13

Elect Director Catherine L. Williams

Management

For

For

2

Ratify PricewaterhouseCoopers LLP as Auditors

Management

For

For

3

Approve Shareholder Rights Plan

Management

For

For

4

Advisory Vote on Executive Compensation Approach

Management

For

For

5

Prepare a Report Detailing Due Diligence Process to Identify And Address Social And Environmental Risks When Reviewing Potential Acquisitions

Shareholder

Against

Against


 

 

 

ENERGY XXI GULF COAST, INC.
Meeting Date:  MAY 10, 2017
Record Date:  APR 10, 2017
Meeting Type:  ANNUAL

Ticker:  EXXI
Security ID:  29276K101

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Michael S. Bahorich

Management

For

For

1.2

Elect Director Douglas E. Brooks

Management

For

For

1.3

Elect Director George Kollitides

Management

For

For

1.4

Elect Director Michael S. Reddin

Management

For

For

1.5

Elect Director Stanford Springel

Management

For

For

1.6

Elect Director James W. Swent, III

Management

For

For

1.7

Elect Director Charles W. Wampler

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

4

Ratify Ernst & Young LLP as Auditors

Management

For

For

 

 

ENTERGY CORPORATION
Meeting Date:  MAY 05, 2017
Record Date:  MAR 07, 2017
Meeting Type:  ANNUAL

Ticker:  ETR
Security ID:  29364G103

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director Maureen Scannell Bateman

Management

For

For

1b

Elect Director Patrick J. Condon

Management

For

For

1c

Elect Director Leo P. Denault

Management

For

For

1d

Elect Director Kirkland H. Donald

Management

For

For

1e

Elect Director Philip L. Frederickson

Management

For

For

1f

Elect Director Alexis M. Herman

Management

For

For

1g

Elect Director Donald C. Hintz

Management

For

For

1h

Elect Director Stuart L. Levenick

Management

For

For

1i

Elect Director Blanche Lambert Lincoln

Management

For

For

1j

Elect Director Karen A. Puckett

Management

For

For

1k

Elect Director W. J. 'Billy' Tauzin

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

4

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

5

Report on Distributed Renewable Generation Resources

Shareholder

Against

Against


 

 

 

EXELON CORPORATION
Meeting Date:  APR 25, 2017
Record Date:  MAR 03, 2017
Meeting Type:  ANNUAL

Ticker:  EXC
Security ID:  30161N101

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director Anthony K. Anderson

Management

For

For

1b

Elect Director Ann C. Berzin

Management

For

For

1c

Elect Director Christopher M. Crane

Management

For

For

1d

Elect Director Yves C. de Balmann

Management

For

For

1e

Elect Director Nicholas DeBenedictis

Management

For

For

1f

Elect Director Nancy L. Gioia

Management

For

For

1g

Elect Director Linda P. Jojo

Management

For

For

1h

Elect Director Paul L. Joskow

Management

For

For

1i

Elect Director Robert J. Lawless

Management

For

For

1j

Elect Director Richard W. Mies

Management

For

For

1k

Elect Director John W. Rogers, Jr.

Management

For

For

1l

Elect Director Mayo A. Shattuck, III

Management

For

For

1m

Elect Director Stephen D. Steinour

Management

For

For

2

Ratify PricewaterhouseCoopers LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year


 

 

 

FIRSTENERGY CORP.
Meeting Date:  MAY 16, 2017
Record Date:  MAR 20, 2017
Meeting Type:  ANNUAL

Ticker:  FE
Security ID:  337932107

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Paul T. Addison

Management

For

For

1.2

Elect Director Michael J. Anderson

Management

For

For

1.3

Elect Director William T. Cottle

Management

For

For

1.4

Elect Director Steven J. Demetriou

Management

For

For

1.5

Elect Director Julia L. Johnson

Management

For

For

1.6

Elect Director Charles E. Jones

Management

For

For

1.7

Elect Director Donald T. Misheff

Management

For

For

1.8

Elect Director Thomas N. Mitchell

Management

For

For

1.9

Elect Director James F. O'Neil, III

Management

For

For

1.10

Elect Director Christopher D. Pappas

Management

For

For

1.11

Elect Director Luis A. Reyes

Management

For

For

1.12

Elect Director George M. Smart

Management

For

For

1.13

Elect Director Jerry Sue Thornton

Management

For

For

2

Ratify PricewaterhouseCoopers LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

5

Increase Authorized Common Stock

Management

For

For

6

Eliminate Supermajority Vote Requirement

Management

For

For

7

Adopt Majority Voting for Uncontested Election of Directors

Management

For

For

8

Provide Proxy Access Right

Management

For

For

9

Report on Lobbying Payments and Policy

Shareholder

Against

Against

10

Assess Portfolio Impacts of Policies to Meet 2 Degree Scenario

Shareholder

Against

Against

11

Adopt Simple Majority Vote

Shareholder

Against

Against

 


 

 

FREEPORT-MCMORAN INC.
Meeting Date:  JUN 06, 2017
Record Date:  APR 11, 2017
Meeting Type:  ANNUAL

Ticker:  FCX
Security ID:  35671D857

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Richard C. Adkerson

Management

For

For

1.2

Elect Director Gerald J. Ford

Management

For

For

1.3

Elect Director Lydia H. Kennard

Management

For

For

1.4

Elect Director Andrew Langham

Management

For

For

1.5

Elect Director Jon C. Madonna

Management

For

For

1.6

Elect Director Courtney Mather

Management

For

For

1.7

Elect Director Dustan E. McCoy

Management

For

For

1.8

Elect Director Frances Fragos Townsend

Management

For

For

2

RatifyErnst & Young LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

Against

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

 

 

GOODRICH PETROLEUM CORPORATION
Meeting Date:  MAY 23, 2017
Record Date:  APR 07, 2017
Meeting Type:  ANNUAL

Ticker:  GDP
Security ID:  382410843

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Steven J. Pully

Management

For

For

1.2

Elect Director Timothy D. Leuliette

Management

For

For

2

Ratify Hein & Associates LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

5

Amend Omnibus Stock Plan

Management

For

For

 

 

GREAT PLAINS ENERGY INCORPORATED
Meeting Date:  SEP 26, 2016
Record Date:  AUG 24, 2016
Meeting Type:  SPECIAL

Ticker:  GXP
Security ID:  391164100

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1

Issue Shares in Connection with Merger

Management

For

For

2

Increase Authorized Common Stock

Management

For

For

3

Adjourn Meeting

Management

For

For


 

 

 

GREAT PLAINS ENERGY INCORPORATED
Meeting Date:  MAY 02, 2017
Record Date:  FEB 21, 2017
Meeting Type:  ANNUAL

Ticker:  GXP
Security ID:  391164100

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Terry Bassham

Management

For

For

1.2

Elect Director David L. Bodde

Management

For

For

1.3

Elect Director Randall C. Ferguson, Jr.

Management

For

For

1.4

Elect Director Gary D. Forsee

Management

For

For

1.5

Elect Director Scott D. Grimes

Management

For

For

1.6

Elect Director Thomas D. Hyde

Management

For

For

1.7

Elect Director Ann D. Murtlow

Management

For

For

1.8

Elect Director Sandra J. Price

Management

For

For

1.9

Elect Director John J. Sherman

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

4

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

5

Report Analyzing Profit Potential Based on Renewable Energy Metrics

Shareholder

Against

Against

6

Report on Lobbying Payments and Political Contributions

Shareholder

Against

Against

 

 

HALCON RESOURCES CORPORATION
Meeting Date:  MAY 04, 2017
Record Date:  MAR 14, 2017
Meeting Type:  ANNUAL

Ticker:  HK
Security ID:  40537Q605

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Thomas R. Fuller

Management

For

For

1.2

Elect Director Floyd C. Wilson

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

Three Years

Three Years

4

Ratify Deloitte & Touche LLP as Auditors

Management

For

For


 

 

 

MIDSTATES PETROLEUM COMPANY, INC.
Meeting Date:  MAY 24, 2017
Record Date:  APR 18, 2017
Meeting Type:  ANNUAL

Ticker:  MPO
Security ID:  59804T407

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Frederic F. Brace

Management

For

For

1.2

Elect Director Alan J. Carr

Management

For

For

1.3

Elect Director Patrice D. Douglas

Management

For

For

1.4

Elect Director Neal P. Goldman

Management

For

For

1.5

Elect Director Michael S. Reddin

Management

For

For

1.6

Elect Director Todd R. Snyder

Management

For

For

1.7

Elect Director Bruce H. Vincent

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

Against

3

Ratify Grant Thornton LLP as Auditors

Management

For

For

 

 

NEXTERA ENERGY, INC.
Meeting Date:  MAY 18, 2017
Record Date:  MAR 23, 2017
Meeting Type:  ANNUAL

Ticker:  NEE
Security ID:  65339F101

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director Sherry S. Barrat

Management

For

For

1b

Elect Director James L. Camaren

Management

For

For

1c

Elect Director Kenneth B. Dunn

Management

For

For

1d

Elect Director Naren K. Gursahaney

Management

For

For

1e

Elect Director Kirk S. Hachigian

Management

For

For

1f

Elect Director Toni Jennings

Management

For

For

1g

Elect Director Amy B. Lane

Management

For

For

1h

Elect Director James L. Robo

Management

For

For

1i

Elect Director Rudy E. Schupp

Management

For

For

1j

Elect Director John L. Skolds

Management

For

For

1k

Elect Director William H. Swanson

Management

For

For

1l

Elect Director Hansel E. Tookes, II

Management

For

For

2

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

5

Approve Non-Employee Director Restricted Stock Plan

Management

For

For

6

Report on Political Contributions

Shareholder

Against

Against


 

 

 

PENN VIRGINIA CORPORATION
Meeting Date:  MAY 03, 2017
Record Date:  MAR 17, 2017
Meeting Type:  ANNUAL

Ticker:  PVAC
Security ID:  70788V102

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Harry Quarls

Management

For

For

1.2

Elect Director Darin G. Holderness

Management

For

For

1.3

Elect Director Marc McCarthy

Management

For

For

1.4

Elect Director Jerry R. Schuyler

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

4

Ratify Grant Thornton LLP as Auditors

Management

For

For

 

 

PENN VIRGINIA CORPORATION
Meeting Date:  MAY 03, 2017
Record Date:  MAR 17, 2017
Meeting Type:  ANNUAL

Ticker:  PVAC
Security ID:  70788V300

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Harry Quarls

Management

For

For

1.2

Elect Director Darin G. Holderness

Management

For

For

1.3

Elect Director Marc McCarthy

Management

For

For

1.4

Elect Director Jerry R. Schuyler

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

4

Ratify Grant Thornton LLP as Auditors

Management

For

For


 

 

 

PG&E CORPORATION
Meeting Date:  MAY 30, 2017
Record Date:  MAR 31, 2017
Meeting Type:  ANNUAL

Ticker:  PCG
Security ID:  69331C108

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Lewis Chew

Management

For

For

1.2

Elect Director Anthony F. Earley, Jr.

Management

For

For

1.3

Elect Director Fred J. Fowler

Management

For

For

1.4

Elect Director Jeh C. Johnson

Management

For

For

1.5

Elect Director Richard C. Kelly

Management

For

For

1.6

Elect Director Roger H. Kimmel

Management

For

For

1.7

Elect Director Richard A. Meserve

Management

For

For

1.8

Elect Director Forrest E. Miller

Management

For

For

1.9

Elect Director Eric D. Mullins

Management

For

For

1.10

Elect Director Rosendo G. Parra

Management

For

For

1.11

Elect Director Barbara L. Rambo

Management

For

For

1.12

Elect Director Anne Shen Smith

Management

For

For

1.13

Elect Director Geisha J. Williams

Management

For

For

2

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

5

Cease Charitable Contributions

Shareholder

Against

Against

 

 

PINNACLE WEST CAPITAL CORPORATION
Meeting Date:  MAY 17, 2017
Record Date:  MAR 09, 2017
Meeting Type:  ANNUAL

Ticker:  PNW
Security ID:  723484101

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Donald E. Brandt

Management

For

For

1.2

Elect Director Denis A. Cortese

Management

For

For

1.3

Elect Director Richard P. Fox

Management

For

For

1.4

Elect Director Michael L. Gallagher

Management

For

For

1.5

Elect Director Roy A. Herberger, Jr.

Management

For

For

1.6

Elect Director Dale E. Klein

Management

For

For

1.7

Elect Director Humberto S. Lopez

Management

For

For

1.8

Elect Director Kathryn L. Munro

Management

For

For

1.9

Elect Director Bruce J. Nordstrom

Management

For

For

1.10

Elect Director Paula J. Sims

Management

For

For

1.11

Elect Director David P. Wagener

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

4

Amend Omnibus Stock Plan

Management

For

For

5

Ratify Deloitte & Touche LLP as Auditors

Management

For

For


 

 

 

PPL CORPORATION
Meeting Date:  MAY 17, 2017
Record Date:  FEB 28, 2017
Meeting Type:  ANNUAL

Ticker:  PPL
Security ID:  69351T106

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Rodney C. Adkins

Management

For

For

1.2

Elect Director John W. Conway

Management

For

For

1.3

Elect Director Steven G. Elliott

Management

For

For

1.4

Elect Director Raja Rajamannar

Management

For

For

1.5

Elect Director Craig A. Rogerson

Management

For

For

1.6

Elect Director William H. Spence

Management

For

For

1.7

Elect Director Natica von Althann

Management

For

For

1.8

Elect Director Keith H. Williamson

Management

For

For

1.9

Elect Director Armando Zagalo de Lima

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

4

Amend Omnibus Stock Plan

Management

For

For

5

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

6

Assess Portfolio Impacts of Policies to Meet 2 Degree Scenario

Shareholder

Against

For


 

 

 

PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
Meeting Date:  APR 18, 2017
Record Date:  FEB 17, 2017
Meeting Type:  ANNUAL

Ticker:  PEG
Security ID:  744573106

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Willie A. Deese

Management

For

For

1.2

Elect Director Albert R. Gamper, Jr.

Management

For

For

1.3

Elect Director William V. Hickey

Management

For

For

1.4

Elect Director Ralph Izzo

Management

For

For

1.5

Elect Director Shirley Ann Jackson

Management

For

For

1.6

Elect Director David Lilley

Management

For

For

1.7

Elect Director Thomas A. Renyi

Management

For

For

1.8

Elect Director Hak Cheol (H.C.) Shin

Management

For

For

1.9

Elect Director Richard J. Swift

Management

For

For

1.10

Elect Director Susan Tomasky

Management

For

For

1.11

Elect Director Alfred W. Zollar

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

4

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

 

 

SEMPRA ENERGY
Meeting Date:  MAY 12, 2017
Record Date:  MAR 17, 2017
Meeting Type:  ANNUAL

Ticker:  SRE
Security ID:  816851109

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Alan L. Boeckmann

Management

For

For

1.2

Elect Director Kathleen L. Brown

Management

For

For

1.3

Elect Director Andres Conesa

Management

For

For

1.4

Elect Director Maria Contreras-Sweet

Management

For

For

1.5

Elect Director Pablo A. Ferrero

Management

For

For

1.6

Elect Director William D. Jones

Management

For

For

1.7

Elect Director Bethany J. Mayer

Management

For

For

1.8

Elect Director William G. Ouchi

Management

For

For

1.9

Elect Director Debra L. Reed

Management

For

For

1.10

Elect Director William C. Rusnack

Management

For

For

1.11

Elect Director Lynn Schenk

Management

For

For

1.12

Elect Director Jack T. Taylor

Management

For

For

1.13

Elect Director James C. Yardley

Management

For

For

2

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year


 

 

 

SPECTRA ENERGY CORP
Meeting Date:  DEC 15, 2016
Record Date:  NOV 07, 2016
Meeting Type:  SPECIAL

Ticker:  SE
Security ID:  847560109

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1

Approve Merger Agreement

Management

For

For

2

Advisory Vote on Golden Parachutes

Management

For

For

 

 

THE SOUTHERN COMPANY
Meeting Date:  MAY 24, 2017
Record Date:  MAR 27, 2017
Meeting Type:  ANNUAL

Ticker:  SO
Security ID:  842587107

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director Juanita Powell Baranco

Management

For

For

1b

Elect Director Jon A. Boscia

Management

For

For

1c

Elect Director Henry A. 'Hal' Clark, III

Management

For

For

1d

Elect Director Thomas A. Fanning

Management

For

For

1e

Elect Director David J. Grain

Management

For

For

1f

Elect Director Veronica M. Hagen

Management

For

For

1g

Elect Director Warren A. Hood, Jr.

Management

For

For

1h

Elect Director Linda P. Hudson

Management

For

For

1i

Elect Director Donald M. James

Management

For

For

1j

Elect Director John D. Johns

Management

For

For

1k

Elect Director Dale E. Klein

Management

For

For

1l

Elect Director William G. Smith, Jr.

Management

For

For

1m

Elect Director Steven R. Specker

Management

For

For

1n

Elect Director Larry D. Thompson

Management

For

For

1o

Elect Director E. Jenner Wood, III

Management

For

For

2

Reduce Supermajority Vote Requirement

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

5

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

6

Report on Strategy for Aligning with 2 Degree Scenario

Shareholder

Against

For


 

 

 

VERSO CORPORATION
Meeting Date:  MAY 12, 2017
Record Date:  APR 06, 2017
Meeting Type:  ANNUAL

Ticker:  VRS
Security ID:  92531L207

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Robert M. Amen

Management

For

For

1.2

Elect Director Alan J. Carr

Management

For

For

1.3

Elect Director Eugene I. Davis

Management

For

For

1.4

Elect Director B. Christopher DiSantis

Management

For

For

1.5

Elect Director Jerome L. Goldman

Management

For

For

1.6

Elect Director Steven D. Scheiwe

Management

For

For

1.7

Elect Director Jay Shuster

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

4

Ratify Deloitte & Touche LLP as Auditors

Management

For

For


 

 

 

VISTRA ENERGY CORP.
Meeting Date:  MAY 16, 2017
Record Date:  MAR 24, 2017
Meeting Type:  ANNUAL

Ticker:  VST
Security ID:  92840M102

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Gavin R. Baiera

Management

For

For

1.2

Elect Director Curtis A. Morgan

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

 

 

W&T OFFSHORE, INC.
Meeting Date:  MAY 03, 2017
Record Date:  MAR 13, 2017
Meeting Type:  ANNUAL

Ticker:  WTI
Security ID:  92922P106

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1A

Elect Director Virginia Boulet

Management

For

For

1B

Elect Director Stuart B. Katz

Management

For

For

1C

Elect Director Tracy W. Krohn

Management

For

For

1D

Elect Director S. James Nelson, Jr.

Management

For

For

1E

Elect Director B. Frank Stanley

Management

For

For

2

Amend Omnibus Stock Plan

Management

For

For

3

Amend Omnibus Stock Plan

Management

For

For

4

Ratify Ernst & Young LLP as Auditors

Management

For

For

5

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

6

Advisory Vote on Say on Pay Frequency

Management

Three Years

One Year

 

 

WEC ENERGY GROUP, INC.
Meeting Date:  MAY 04, 2017
Record Date:  FEB 23, 2017
Meeting Type:  ANNUAL

Ticker:  WEC
Security ID:  92939U106

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director John F. Bergstrom

Management

For

For

1.2

Elect Director Barbara L. Bowles

Management

For

For

1.3

Elect Director William J. Brodsky

Management

For

For

1.4

Elect Director Albert J. Budney, Jr.

Management

For

For

1.5

Elect Director Patricia W. Chadwick

Management

For

For

1.6

Elect Director Curt S. Culver

Management

For

For

1.7

Elect Director Thomas J. Fischer

Management

For

For

1.8

Elect Director Paul W. Jones

Management

For

For

1.9

Elect Director Gale E. Klappa

Management

For

For

1.10

Elect Director Henry W. Knueppel

Management

For

For

1.11

Elect Director Allen L. Leverett

Management

For

For

1.12

Elect Director Ulice Payne, Jr.

Management

For

For

1.13

Elect Director Mary Ellen Stanek

Management

For

For

2

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year


 

 

 

WESTAR ENERGY, INC.
Meeting Date:  SEP 26, 2016
Record Date:  AUG 22, 2016
Meeting Type:  SPECIAL

Ticker:  WR
Security ID:  95709T100

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1

Approve Merger Agreement

Management

For

For

2

Advisory Vote on Golden Parachutes

Management

For

For

3

Adjourn Meeting

Management

For

For

 

 

XCEL ENERGY INC.
Meeting Date:  MAY 17, 2017
Record Date:  MAR 21, 2017
Meeting Type:  ANNUAL

Ticker:  XEL
Security ID:  98389B100

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director Gail K. Boudreaux

Management

For

For

1b

Elect Director Richard K. Davis

Management

For

For

1c

Elect Director Ben Fowke

Management

For

For

1d

Elect Director Richard T. O'Brien

Management

For

For

1e

Elect Director Christopher J. Policinski

Management

For

For

1f

Elect Director James T. Prokopanko

Management

For

For

1g

Elect Director A. Patricia Sampson

Management

For

For

1h

Elect Director James J. Sheppard

Management

For

For

1i

Elect Director David A. Westerlund

Management

For

For

1j

Elect Director Kim Williams

Management

For

For

1k

Elect Director Timothy V. Wolf

Management

For

For

1l

Elect Director Daniel Yohannes

Management

For

For

2

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

4

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

5

Require Independent Board Chairman

Shareholder

Against

Against


 

 

 

SIGNATURES

 

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

(Registrant) Franklin Universal Trust    

 

 

 

 

By (Signature and Title)* /s/Matthew T. Hinkle       

Matthew T. Hinkle,

Chief Executive Officer – Finance and Administration

 

 

Date August 28, 2017   

 

* Print the name and title of each signing officer under his or her signature.