FRANKLIN UNIVERSAL TRUST — Regulatory Filings 2021

Aug 30, 2021

N-PX 1 futn-px0621.htm FUT NPX 0821 futn-px0621.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: 6/30/2021
Item 1. Proxy Voting Records.

ALLIANT ENERGY CORPORATION Meeting Date: MAY 20, 2021 Record Date: MAR 19, 2021 Meeting Type: ANNUAL
Ticker: LNT Security ID: 018802108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Roger K. Newport	Management	For	For
1.2	Elect Director Dean C. Oestreich	Management	For	For
1.3	Elect Director Carol P. Sanders	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
4	Report on Costs and Benefits of Environmental Related Expenditures	Shareholder	Against	Against

| AMERICAN
ELECTRIC POWER COMPANY, INC. Meeting Date: APR 20, 2021 Record Date: FEB 22, 2021 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 Art A. Garcia | 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 Margaret M. McCarthy | Management | For | For |
| 1.9 | Elect Director
Stephen S. Rasmussen | Management | For | For |
| 1.10 | Elect
Director Oliver G. Richard, III | Management | For | For |
| 1.11 | Elect
Director Daryl Roberts | Management | For | For |
| 1.12 | Elect
Director Sara Martinez Tucker | Management | For | For |
| 2 | Ratify PricewaterhouseCoopers
LLP as Auditors | Management | For | For |
| 3 | Advisory Vote
to Ratify Named Executive Officers' Compensation | Management | For | For |

| AMPLIFY
ENERGY CORP. Meeting Date: MAY 19, 2021 Record Date: MAR 24, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: AMPY Security ID: 03212B103 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director Patrice Douglas | Management | For | For |
| 1b | Elect
Director Christopher W. Hamm | Management | For | For |
| 1c | Elect Director
Randal T. Klein | Management | For | For |
| 1d | Elect
Director Evan S. Lederman | Management | For | For |
| 1e | Elect
Director David H. Proman | Management | For | For |
| 1f | Elect
Director Todd R. Snyder | Management | For | For |
| 1g | Elect
Director Martyn Willsher | 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 | Approve
Omnibus Stock Plan | Management | For | For |

| BHP GROUP
PLC Meeting Date: OCT 15, 2020 Record Date: SEP 11, 2020 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: BHP Security ID: 05545E209 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1 | Accept
Financial Statements and Statutory Reports | Management | For | For |
| 2 | Reappoint
Ernst & Young 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 | 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 Incentive Plans to Mike Henry | Management | For | For |
| 10 | Approve
Leaving Entitlements | Management | For | For |
| 11 | Elect Xiaoqun
Clever as Director | Management | For | For |
| 12 | Elect Gary
Goldberg as Director | Management | For | For |
| 13 | Elect Mike
Henry as Director | Management | For | For |
| 14 | Elect
Christine O'Reilly as Director | Management | For | For |
| 15 | Elect Dion
Weisler as Director | Management | For | For |
| 16 | Re-elect
Terry Bowen as Director | Management | For | For |
| 17 | Re-elect
Malcolm Broomhead as Director | Management | For | For |
| 18 | Re-elect Ian
Cockerill as Director | Management | For | For |
| 19 | Re-elect
Anita Frew as Director | Management | For | For |
| 20 | Re-elect
Susan Kilsby as Director | Management | For | For |
| 21 | Re-elect John
Mogford as Director | Management | For | For |
| 22 | Re-elect Ken
MacKenzie as Director | Management | For | For |
| 23 | Amend
Constitution of BHP Group Limited | Shareholder | Against | Against |
| 24 | Adopt Interim
Cultural Heritage Protection Measures | Shareholder | Against | Against |
| 25 | Approve Suspension
of Memberships of Industry Associations where COVID-19 Related Advocacy is
Inconsistent with Paris Agreement Goals | Shareholder | Against | Against |

| BONANZA
CREEK ENERGY, INC. Meeting Date: JUN 02, 2021 Record Date: APR 15, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: BCEI Security ID: 097793400 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1.1 | Elect
Director James E. Craddock | Management | For | For |
| 1.2 | Elect
Director Eric T. Greager | Management | For | For |
| 1.3 | Elect Director
Carrie L. Hudak | Management | For | For |
| 1.4 | Elect
Director Paul Keglevic | Management | For | For |
| 1.5 | Elect
Director Audrey Robertson | Management | For | For |
| 1.6 | Elect
Director Brian Steck | Management | For | For |
| 1.7 | Elect
Director Jeff E. Wojahn | Management | For | For |
| 2 | Ratify
Deloitte & Touche LLP as Auditors | Management | For | For |
| 3 | Approve
Omnibus Stock Plan | Management | For | For |
| 4 | Advisory Vote
to Ratify Named Executive Officers' Compensation | Management | For | For |
| 5 | Ratify Tax
Benefits Preservation Plan | Management | For | For |

| CALIFORNIA
RESOURCES CORPORATION Meeting Date: MAY 12, 2021 Record Date: MAR 15, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: CRC Security ID: 13057Q305 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1.1 | Elect
Director Douglas E. Brooks | Management | For | For |
| 1.2 | Elect
Director Tiffany (TJ) Thom Cepak | Management | For | For |
| 1.3 | Elect
Director James N. Chapman | Management | For | For |
| 1.4 | Elect
Director Mark A. (Mac) McFarland | Management | For | For |
| 1.5 | Elect
Director Julio M. Quintana | Management | For | For |
| 1.6 | Elect
Director William B. Roby | Management | For | For |
| 1.7 | Elect
Director Andrew Bremner | Management | For | For |
| 2 | Ratify KPMG
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 |

| CENTERPOINT
ENERGY, INC. Meeting Date: APR 23, 2021 Record Date: FEB 26, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: CNP Security ID: 15189T107 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director Leslie D. Biddle | Management | For | For |
| 1b | Elect
Director Milton Carroll | Management | For | For |
| 1c | Elect
Director Wendy Montoya Cloonan | Management | For | For |
| 1d | Elect
Director Earl M. Cummings | Management | For | For |
| 1e | Elect
Director David J. Lesar | Management | For | For |
| 1f | Elect
Director Martin H. Nesbitt | Management | For | For |
| 1g | Elect
Director Theodore F. Pound | Management | For | For |
| 1h | Elect
Director Phillip R. Smith | Management | For | For |
| 1i | Elect
Director Barry T. Smitherman | Management | For | For |
| 2 | Ratify
Deloitte & Touche LLP as Auditors | Management | For | For |
| 3 | Advisory Vote
to Ratify Named Executive Officers' Compensation | Management | For | Against |

| CMS ENERGY
CORPORATION Meeting Date: MAY 07, 2021 Record Date: MAR 09, 2021 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 William D. Harvey | Management | For | For |
| 1e | Elect
Director Garrick J. Rochow | Management | For | For |
| 1f | Elect
Director John G. Russell | Management | For | For |
| 1g | Elect
Director Suzanne F. Shank | Management | For | For |
| 1h | Elect
Director Myrna M. Soto | Management | For | For |
| 1i | Elect
Director John G. Sznewajs | Management | For | For |
| 1j | Elect Director
Ronald J. Tanski | 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 | Ratify
PricewaterhouseCoopers LLP as Auditors | Management | For | For |
| 4 | Report on
Costs and Benefits of Environmental Related Expenditures | Shareholder | Against | Against |

| CONSOLIDATED
EDISON, INC. Meeting Date: MAY 17, 2021 Record Date: MAR 22, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: ED Security ID: 209115104 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1.1 | Elect
Director Timothy P. Cawley | Management | For | For |
| 1.2 | Elect
Director Ellen V. Futter | Management | For | For |
| 1.3 | Elect
Director John F. Killian | Management | For | For |
| 1.4 | Elect Director
Karol V. Mason | Management | For | For |
| 1.5 | Elect
Director John McAvoy | Management | For | For |
| 1.6 | Elect
Director Dwight A. McBride | Management | For | For |
| 1.7 | Elect
Director William J. Mulrow | Management | For | For |
| 1.8 | Elect
Director Armando J. Olivera | Management | For | For |
| 1.9 | Elect
Director Michael W. Ranger | Management | For | For |
| 1.10 | Elect
Director Linda S. Sanford | Management | For | For |
| 1.11 | Elect
Director Deirdre Stanley | Management | For | For |
| 1.12 | 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 |

| DOMINION
ENERGY, INC. Meeting Date: MAY 05, 2021 Record Date: MAR 05, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: D Security ID: 25746U109 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1A | Elect
Director James A. Bennett | Management | For | For |
| 1B | Elect
Director Robert M. Blue | Management | For | For |
| 1C | Elect
Director Helen E. Dragas | Management | For | For |
| 1D | Elect
Director James O. Ellis, Jr. | Management | For | For |
| 1E | Elect
Director D. Maybank Hagood | Management | For | For |
| 1F | Elect
Director Ronald W. Jibson | Management | For | For |
| 1G | Elect
Director Mark J. Kington | Management | For | For |
| 1H | Elect
Director Joseph M. Rigby | Management | For | For |
| 1I | Elect
Director Pamela J. Royal | Management | For | For |
| 1J | Elect
Director Robert H. Spilman, Jr. | Management | For | For |
| 1K | Elect
Director Susan N. Story | Management | For | For |
| 1L | Elect Director
Michael E. Szymanczyk | 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 |
| 4 | Report on
Lobbying Payments and Policy | Shareholder | Against | Against |
| 5 | Require
Independent Board Chair | Shareholder | Against | For |
| 6 | Amend Proxy
Access Right | Shareholder | Against | Against |

| DTE ENERGY
COMPANY Meeting Date: MAY 20, 2021 Record Date: MAR 23, 2021 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 Charles G. McClure, Jr. | Management | For | For |
| 1.4 | Elect
Director Gail J. McGovern | Management | For | For |
| 1.5 | Elect
Director Mark A. Murray | Management | For | For |
| 1.6 | Elect
Director Gerardo Norcia | Management | For | For |
| 1.7 | Elect
Director Ruth G. Shaw | Management | For | For |
| 1.8 | Elect
Director Robert C. Skaggs, Jr. | Management | For | For |
| 1.9 | Elect
Director David A. Thomas | Management | For | For |
| 1.10 | Elect
Director Gary H. Torgow | Management | For | For |
| 1.11 | Elect
Director James H. Vandenberghe | Management | For | For |
| 1.12 | Elect
Director Valerie M. Williams | 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 | Amend Omnibus
Stock Plan | Management | For | For |
| 5 | Report on Political
Contributions | Shareholder | Against | Against |
| 6 | Report on
Costs and Benefits of Environmental Related Expenditures | Shareholder | Against | Against |

| DUKE
ENERGY CORPORATION Meeting Date: MAY 06, 2021 Record Date: MAR 08, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: DUK Security ID: 26441C204 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1.1 | Elect
Director Michael G. Browning | Management | For | For |
| 1.2 | Elect
Director Annette K. Clayton | Management | For | For |
| 1.3 | Elect Director
Theodore F. Craver, Jr. | Management | For | For |
| 1.4 | Elect
Director Robert M. Davis | Management | For | For |
| 1.5 | Elect
Director Caroline Dorsa | Management | For | For |
| 1.6 | Elect
Director W. Roy Dunbar | Management | For | For |
| 1.7 | Elect
Director Nicholas C. Fanandakis | Management | For | For |
| 1.8 | Elect
Director Lynn J. Good | Management | For | For |
| 1.9 | Elect
Director John T. Herron | Management | For | For |
| 1.10 | Elect
Director E. Marie McKee | Management | For | For |
| 1.11 | Elect
Director Michael J. Pacilio | Management | For | For |
| 1.12 | Elect
Director Thomas E. Skains | Management | For | For |
| 1.13 | 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 | Eliminate
Supermajority Vote Requirement | Management | For | For |
| 5 | Require
Independent Board Chair | Shareholder | Against | Against |
| 6 | Report on
Political Contributions and Expenditures | Shareholder | Against | Against |

EDISON INTERNATIONAL Meeting Date: APR 22, 2021 Record Date: MAR 01, 2021 Meeting Type: ANNUAL
Ticker: EIX Security ID: 281020107
Proposal
No	Proposal	Proposed
By	Management
Recommendation	Vote Cast
1a	Elect
Director Jeanne Beliveau-Dunn	Management	For	For
1b	Elect
Director Michael C. Camunez	Management	For	For
1c	Elect
Director Vanessa C.L. Chang	Management	For	For
1d	Elect
Director James T. Morris	Management	For	For
1e	Elect
Director Timothy T. O'Toole	Management	For	For
1f	Elect
Director Pedro J. Pizarro	Management	For	For
1g	Elect
Director Carey A. Smith	Management	For	For
1h	Elect
Director Linda G. Stuntz	Management	For	For
1i	Elect
Director William P. Sullivan	Management	For	For
1j	Elect Director
Peter J. Taylor	Management	For	For
1k	Elect
Director Keith Trent	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	Approve
Qualified Employee Stock Purchase Plan	Management	For	For
5	Amend Proxy
Access Right	Shareholder	Against	Against

| ENBRIDGE
INC. Meeting Date: MAY 05, 2021 Record Date: MAR 09, 2021 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 Marcel R. Coutu | Management | For | For |
| 1.3 | Elect
Director Susan M. Cunningham | 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 Gregory J. Goff | Management | For | For |
| 1.7 | Elect
Director V. Maureen Kempston Darkes | Management | For | For |
| 1.8 | Elect Director
Teresa S. Madden | Management | For | For |
| 1.9 | Elect
Director Al Monaco | Management | For | For |
| 1.10 | Elect
Director Stephen S. Poloz | Management | For | For |
| 1.11 | Elect
Director Dan C. Tutcher | Management | For | For |
| 2 | Approve PricewaterhouseCoopers
LLP as Auditors and Authorize Board to Fix Their Remuneration | Management | For | For |
| 3 | Advisory Vote
on Executive Compensation Approach | Management | For | For |

| ENTERGY
CORPORATION Meeting Date: MAY 07, 2021 Record Date: MAR 09, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: ETR Security ID: 29364G103 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director John R. Burbank | 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 Brian W. Ellis | Management | For | For |
| 1f | Elect
Director Philip L. Frederickson | Management | For | For |
| 1g | Elect
Director Alexis M. Herman | Management | For | For |
| 1h | Elect
Director M. Elise Hyland | Management | For | For |
| 1i | Elect
Director Stuart L. Levenick | Management | For | For |
| 1j | Elect
Director Blanche Lambert Lincoln | Management | For | For |
| 1k | Elect
Director Karen A. Puckett | 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 | Authorize New
Class of Preferred Stock | Management | For | For |

| EVERGY,
INC. Meeting Date: MAY 04, 2021 Record Date: MAR 18, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: EVRG Security ID: 30034W106 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director David A. Campbell | Management | For | For |
| 1b | Elect
Director Mollie Hale Carter | Management | For | For |
| 1c | Elect
Director Thomas D. Hyde | Management | For | For |
| 1d | Elect
Director B. Anthony Isaac | Management | For | For |
| 1e | Elect
Director Paul M. Keglevic | Management | For | For |
| 1f | Elect
Director Mary L. Landrieu | Management | For | For |
| 1g | Elect
Director Sandra A.J. Lawrence | Management | For | For |
| 1h | Elect
Director Ann D. Murtlow | Management | For | For |
| 1i | Elect
Director Sandra J. Price | Management | For | For |
| 1j | Elect
Director Mark A. Ruelle | Management | For | For |
| 1k | Elect
Director S. Carl Soderstrom, Jr. | Management | For | For |
| 1l | Elect
Director John Arthur Stall | Management | For | For |
| 1m | Elect
Director C. John Wilder | 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 |

| EXELON
CORPORATION Meeting Date: APR 27, 2021 Record Date: MAR 01, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: EXC Security ID: 30161N101 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director Anthony Anderson | Management | For | For |
| 1b | Elect
Director Ann Berzin | Management | For | For |
| 1c | Elect
Director Laurie Brlas | Management | For | For |
| 1d | Elect
Director Marjorie Rodgers Cheshire | Management | For | For |
| 1e | Elect
Director Christopher Crane | Management | For | For |
| 1f | Elect
Director Yves de Balmann | Management | For | For |
| 1g | Elect
Director Linda Jojo | Management | For | For |
| 1h | Elect
Director Paul Joskow | Management | For | For |
| 1i | Elect
Director Robert Lawless | Management | For | For |
| 1j | Elect
Director John Richardson | Management | For | For |
| 1k | Elect
Director Mayo Shattuck, III | Management | For | For |
| 1l | Elect
Director John Young | Management | For | For |
| 2 | Advisory Vote
to Ratify Named Executive Officers' Compensation | Management | For | For |
| 3 | Ratify PricewaterhouseCoopers
LLP as Auditors | Management | For | For |
| 4 | Report on
Child Labor Audit | Shareholder | Against | Against |

| FIRSTENERGY
CORP. Meeting Date: MAY 18, 2021 Record Date: MAR 19, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: FE Security ID: 337932107 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1.1 | Elect
Director Michael J. Anderson | Management | For | For |
| 1.2 | Elect
Director Steven J. Demetriou | Management | For | For |
| 1.3 | Elect
Director Julia L. Johnson | Management | For | For |
| 1.4 | Elect
Director Jesse A. Lynn | Management | For | For |
| 1.5 | Elect
Director Donald T. Misheff | Management | For | For |
| 1.6 | Elect
Director Thomas N. Mitchell | Management | For | For |
| 1.7 | Elect
Director James F. O'Neil, III | Management | For | For |
| 1.8 | Elect
Director Christopher D. Pappas | Management | For | For |
| 1.9 | Elect
Director Luis A. Reyes | Management | For | For |
| 1.10 | Elect
Director John W. Somerhalder, II | Management | For | For |
| 1.11 | Elect
Director Steven E. Strah | Management | For | For |
| 1.12 | Elect Director
Andrew Teno | Management | For | For |
| 1.13 | Elect
Director Leslie M. Turner | Management | For | For |
| 1.14 | Elect
Director Melvin Williams | Management | For | For |
| 2 | Ratify
PricewaterhouseCoopers LLP as Auditors | Management | For | For |
| 3 | Advisory Vote
to Ratify Named Executive Officers' Compensation | Management | For | For |

| FREEPORT-MCMORAN
INC. Meeting Date: JUN 08, 2021 Record Date: APR 12, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: FCX Security ID: 35671D857 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1.1 | Elect
Director David P. Abney | Management | For | For |
| 1.2 | Elect
Director Richard C. Adkerson | Management | For | For |
| 1.3 | Elect
Director Robert W. Dudley | Management | For | For |
| 1.4 | Elect
Director Lydia H. Kennard | Management | For | For |
| 1.5 | Elect
Director Dustan E. McCoy | Management | For | For |
| 1.6 | Elect
Director John J. Stephens | Management | For | For |
| 1.7 | Elect
Director Frances Fragos Townsend | Management | For | For |
| 2 | Ratify Ernst
& Young LLP as Auditors | Management | For | For |
| 3 | Advisory Vote
to Ratify Named Executive Officers' Compensation | Management | For | For |

| GOODRICH
PETROLEUM CORPORATION Meeting Date: MAY 18, 2021 Record Date: MAR 24, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: GDP Security ID: 382410843 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1.1 | Elect
Director Walter G. 'Gil' Goodrich | Management | For | For |
| 1.2 | Elect
Director Robert C. Turnham, Jr. | Management | For | For |
| 1.3 | Elect
Director Timothy D. Leuliette | Management | For | For |
| 1.4 | Elect
Director Ronald F. Coleman | Management | For | For |
| 1.5 | Elect
Director K. Adam Leight | Management | For | For |
| 1.6 | Elect
Director Thomas M. Souers | Management | For | For |
| 1.7 | Elect
Director Jeffrey S. Serota | Management | For | For |
| 1.8 | Elect
Director Edward J. Sondey | Management | For | For |
| 2 | Ratify Moss
Adams LLP as Auditors | Management | For | For |
| 3 | Advisory Vote
to Ratify Named Executive Officers' Compensation | Management | For | For |

| NEXTERA
ENERGY, INC. Meeting Date: MAY 20, 2021 Record Date: MAR 23, 2021 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 Amy B. Lane | Management | For | For |
| 1g | Elect
Director David L. Porges | 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 Lynn M. Utter | Management | For | For |
| 1l | Elect
Director Darryl L. Wilson | 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 | Approve
Omnibus Stock Plan | Management | For | For |
| 5 | Provide Right
to Act by Written Consent | Shareholder | Against | For |

| NISOURCE
INC. Meeting Date: MAY 25, 2021 Record Date: MAR 30, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: NI Security ID: 65473P105 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director Peter A. Altabef | Management | For | For |
| 1b | Elect
Director Theodore H. Bunting, Jr. | Management | For | For |
| 1c | Elect
Director Eric L. Butler | Management | For | For |
| 1d | Elect
Director Aristides S. Candris | Management | For | For |
| 1e | Elect
Director Wayne S. DeVeydt | Management | For | For |
| 1f | Elect
Director Joseph Hamrock | Management | For | For |
| 1g | Elect
Director Deborah A. Henretta | Management | For | For |
| 1h | Elect
Director Deborah A. P. Hersman | Management | For | For |
| 1i | Elect
Director Michael E. Jesanis | Management | For | For |
| 1j | Elect
Director Kevin T. Kabat | Management | For | For |
| 1k | Elect
Director Carolyn Y. Woo | Management | For | For |
| 1l | Elect
Director Lloyd M. Yates | 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 |
| 4 | Amend Proxy
Access Right | Shareholder | Against | Against |

| PARTY CITY
HOLDCO INC. Meeting Date: JUN 10, 2021 Record Date: APR 12, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: PRTY Security ID: 702149105 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1.1 | Elect
Director Joel Alsfine | Management | For | For |
| 1.2 | Elect
Director Steven J. Collins | Management | For | For |
| 1.3 | Elect
Director James G. Conroy | Management | For | Withhold |
| 1.4 | Elect
Director William S. Creekmuir | Management | For | For |
| 1.5 | Elect
Director Sarah Dodds-Brown | Management | For | For |
| 1.6 | Elect
Director Jennifer Fleiss | Management | For | For |
| 1.7 | Elect
Director John A. Frascotti | Management | For | For |
| 1.8 | Elect Director
James M. Harrison | Management | For | For |
| 1.9 | Elect
Director Norman S. Matthews | Management | For | For |
| 1.10 | Elect
Director Michelle Millstone-Shroff | Management | For | For |
| 1.11 | Elect
Director Bradley M. Weston | Management | For | For |
| 2 | Amend Omnibus
Stock Plan | Management | For | For |
| 3 | Ratify Ernst
& Young LLP as Auditors | Management | For | For |

| PINNACLE
WEST CAPITAL CORPORATION Meeting Date: MAY 19, 2021 Record Date: MAR 11, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: PNW Security ID: 723484101 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1.1 | Elect
Director Glynis A. Bryan | 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 Jeffrey B. Guldner | Management | For | For |
| 1.5 | Elect
Director Dale E. Klein | Management | For | For |
| 1.6 | Elect
Director Kathryn L. Munro | Management | For | For |
| 1.7 | Elect
Director Bruce J. Nordstrom | Management | For | For |
| 1.8 | Elect
Director Paula J. Sims | Management | For | For |
| 1.9 | Elect
Director William H. Spence | Management | For | For |
| 1.10 | Elect
Director James E. Trevathan, Jr. | 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 | Approve
Omnibus Stock Plan | Management | For | For |
| 4 | Ratify
Deloitte & Touche LLP as Auditors | Management | For | For |

| PPL
CORPORATION Meeting Date: MAY 18, 2021 Record Date: FEB 26, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: PPL Security ID: 69351T106 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director Arthur P. Beattie | Management | For | For |
| 1b | Elect
Director Steven G. Elliott | Management | For | For |
| 1c | Elect
Director Raja Rajamannar | Management | For | For |
| 1d | Elect
Director Craig A. Rogerson | Management | For | For |
| 1e | Elect
Director Vincent Sorgi | Management | For | For |
| 1f | Elect
Director Natica von Althann | Management | For | For |
| 1g | Elect
Director Keith H. Williamson | Management | For | For |
| 1h | Elect Director
Phoebe A. Wood | Management | For | For |
| 1i | Elect
Director Armando Zagalo de Lima | 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 |

| PUBLIC
SERVICE ENTERPRISE GROUP INCORPORATED Meeting Date: APR 20, 2021 Record Date: FEB 19, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: PEG Security ID: 744573106 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1.1 | Elect Director
Ralph Izzo | Management | For | For |
| 1.2 | Elect
Director Shirley Ann Jackson | Management | For | For |
| 1.3 | Elect
Director Willie A. Deese | Management | For | For |
| 1.4 | Elect
Director David Lilley | Management | For | For |
| 1.5 | Elect
Director Barry H. Ostrowsky | Management | For | For |
| 1.6 | Elect
Director Scott G. Stephenson | Management | For | For |
| 1.7 | Elect
Director Laura A. Sugg | Management | For | For |
| 1.8 | Elect
Director John P. Surma | Management | For | For |
| 1.9 | Elect
Director Susan Tomasky | Management | For | For |
| 1.10 | Elect Director
Alfred W. Zollar | 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 |
| 4 | Approve
Non-Employee Director Restricted Stock Plan | Management | For | For |
| 5 | Approve
Omnibus Stock Plan | Management | For | For |

SEMPRA ENERGY Meeting Date: MAY 14, 2021 Record Date: MAR 19, 2021 Meeting Type: ANNUAL
Ticker: SRE Security ID: 816851109
Proposal
No	Proposal	Proposed
By	Management
Recommendation	Vote Cast
1a	Elect
Director Alan L. Boeckmann	Management	For	For
1b	Elect
Director Andres Conesa	Management	For	For
1c	Elect
Director Maria Contreras-Sweet	Management	For	For
1d	Elect
Director Pablo A. Ferrero	Management	For	For
1e	Elect
Director William D. Jones	Management	For	For
1f	Elect
Director Jeffrey W. Martin	Management	For	For
1g	Elect
Director Bethany J. Mayer	Management	For	For
1h	Elect
Director Michael N. Mears	Management	For	For
1i	Elect
Director Jack T. Taylor	Management	For	For
1j	Elect
Director Cynthia L. Walker	Management	For	For
1k	Elect
Director Cynthia J. Warner	Management	For	For
1l	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	Amend Proxy
Access Right	Shareholder	Against	Against
5	Report on
Corporate Climate Lobbying Aligned with Paris Agreement	Shareholder	Against	Against

| SOUTH32
LTD. Meeting Date: OCT 29, 2020 Record Date: SEP 18, 2020 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: S32 Security ID: 84473L105 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 2a | Elect Frank
Cooper as Director | Management | For | For |
| 2b | Elect Xiaoling
Liu as Director | Management | For | For |
| 2c | Elect
Ntombifuthi (Futhi) Mtoba as Director | Management | For | For |
| 2d | Elect Karen
Wood as Director | Management | For | For |
| 3 | Elect Guy
Lansdown as Director | Management | For | For |
| 4 | Approve
Remuneration Report | Management | For | For |
| 5 | Approve Grant
of Rights to Graham Kerr | Management | For | For |
| 6 | Approve
Renewal of Proportional Takeover Provisions | Management | For | For |

| THE
SOUTHERN COMPANY Meeting Date: MAY 26, 2021 Record Date: MAR 29, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: SO Security ID: 842587107 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director Janaki Akella | Management | For | For |
| 1b | Elect
Director Juanita Powell Baranco | Management | For | For |
| 1c | Elect Director
Henry A. Clark, III | Management | For | For |
| 1d | Elect
Director Anthony F. Earley, Jr. | Management | For | For |
| 1e | Elect
Director Thomas A. Fanning | Management | For | For |
| 1f | Elect
Director David J. Grain | Management | For | For |
| 1g | Elect
Director Colette D. Honorable | Management | For | For |
| 1h | Elect
Director Donald M. James | Management | For | For |
| 1i | Elect
Director John D. Johns | Management | For | For |
| 1j | Elect
Director Dale E. Klein | Management | For | For |
| 1k | Elect
Director Ernest J. Moniz | Management | For | For |
| 1l | Elect Director
William G. Smith, Jr. | Management | For | For |
| 1m | Elect
Director E. Jenner Wood, III | Management | For | For |
| 2 | Advisory Vote
to Ratify Named Executive Officers' Compensation | Management | For | For |
| 3 | Approve
Omnibus Stock Plan | Management | For | For |
| 4 | Ratify
Deloitte & Touche LLP as Auditors | Management | For | For |
| 5 | Reduce
Supermajority Vote Requirement | Management | For | For |

| VERSO
CORPORATION Meeting Date: AUG 05, 2020 Record Date: JUN 17, 2020 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: VRS Security ID: 92531L207 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director Robert K. Beckler | Management | For | For |
| 1b | Elect
Director Marvin Cooper | Management | For | For |
| 1c | Elect
Director Sean T. Erwin | Management | For | For |
| 1d | Elect
Director Jeffrey E. Kirt | Management | For | For |
| 1e | Elect
Director Randy J. Nebel | Management | For | For |
| 1f | Elect
Director Adam St. John | Management | For | For |
| 1g | Elect
Director Nancy M. Taylor | 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 |

| VERSO
CORPORATION Meeting Date: MAY 06, 2021 Record Date: MAR 22, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: VRS Security ID: 92531L207 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director Robert K. Beckler | Management | For | For |
| 1b | Elect
Director Marvin Cooper | Management | For | For |
| 1c | Elect
Director Jeffrey E. Kirt | Management | For | For |
| 1d | Elect
Director Randy J. Nebel | Management | For | For |
| 1e | Elect
Director Nancy M. Taylor | 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 |

| WEATHERFORD
INTERNATIONAL PLC Meeting Date: MAY 26, 2021 Record Date: APR 16, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: WFTLF Security ID: G48833118 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director Benjamin C. Duster, IV | Management | For | For |
| 1b | Elect
Director Neal P. Goldman | Management | For | For |
| 1c | Elect
Director Jacqueline Mutschler | Management | For | For |
| 1d | Elect
Director Girishchandra K. Saligram | Management | For | For |
| 1e | Elect
Director Charles M. Sledge | Management | For | For |
| 2 | Approve KPMG
LLP as Auditors and Authorize Board to Fix Their Remuneration | Management | For | For |

| WEC ENERGY
GROUP, INC. Meeting Date: MAY 06, 2021 Record Date: FEB 25, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: WEC Security ID: 92939U106 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1.1 | Elect
Director Curt S. Culver | Management | For | For |
| 1.2 | Elect
Director Danny L. Cunningham | Management | For | For |
| 1.3 | Elect
Director William M. Farrow, III | Management | For | For |
| 1.4 | Elect
Director J. Kevin Fletcher | Management | For | For |
| 1.5 | Elect
Director Cristina A. Garcia-Thomas | Management | For | For |
| 1.6 | Elect
Director Maria C. Green | Management | For | For |
| 1.7 | Elect
Director Gale E. Klappa | Management | For | For |
| 1.8 | Elect
Director Thomas K. Lane | Management | For | For |
| 1.9 | Elect
Director Ulice Payne, Jr. | Management | For | For |
| 1.10 | Elect
Director Mary Ellen Stanek | Management | For | For |
| 2 | Ratify
Deloitte & Touche LLP as Auditors | Management | For | For |
| 3 | Amend Omnibus
Stock Plan | Management | For | For |
| 4 | Advisory Vote
to Ratify Named Executive Officers' Compensation | Management | For | For |

| XCEL
ENERGY INC. Meeting Date: MAY 19, 2021 Record Date: MAR 22, 2021 Meeting Type: ANNUAL | | | | |
| --- | --- | --- | --- | --- |
| Ticker: XEL Security ID: 98389B100 | | | | |
| Proposal
No | Proposal | Proposed
By | Management
Recommendation | Vote Cast |
| 1a | Elect
Director Lynn Casey | Management | For | For |
| 1b | Elect
Director Ben Fowke | Management | For | For |
| 1c | Elect
Director Robert Frenzel | Management | For | For |
| 1d | Elect Director
Netha Johnson | Management | For | For |
| 1e | Elect
Director Patricia Kampling | Management | For | For |
| 1f | Elect
Director George Kehl | Management | For | For |
| 1g | Elect
Director Richard O'Brien | Management | For | For |
| 1h | Elect
Director Charles Pardee | Management | For | For |
| 1i | Elect
Director Christopher Policinski | Management | For | For |
| 1j | Elect
Director James Prokopanko | Management | For | For |
| 1k | Elect
Director David Westerlund | Management | For | For |
| 1l | Elect
Director Kim Williams | Management | For | For |
| 1m | Elect
Director Timothy Wolf | Management | For | For |
| 1n | Elect
Director Daniel Yohannes | 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 |
| 4 | Report on Costs
and Benefits of Climate-Related Activities | 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 25, 2021

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