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 811-08034 |
___Franklin Real Estate Securities Trust____ |
(Exact name of registrant as specified in charter) |
One Franklin Parkway, San Mateo, CA 94403-1906 |
(Address of principal executive offices) (Zip code) |
Alison E. Baur, 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: 4/30 |
Date of reporting period: 6/30/2022 |
Item 1. Proxy Voting Records. |
Franklin Real Estate Securities Fund
| ||||
AIRBNB,
INC. | ||||
Ticker: ABNB | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Amrita Ahuja | Management | For | For |
1.2 | Elect Director Joseph Gebbia | Management | For | For |
1.3 | Elect Director Jeffrey Jordan | Management | For | Withhold |
2 | Ratify PricewaterhouseCoopers LLP as Auditors | Management | For | For |
3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
|
ALEXANDRIA REAL ESTATE EQUITIES, INC. |
Ticker: ARE | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Joel S. Marcus | Management | For | For |
1.2 | Elect Director Steven R. Hash | Management | For | For |
1.3 | Elect Director James P. Cain | Management | For | For |
1.4 | Elect Director Cynthia L. Feldmann | Management | For | For |
1.5 | Elect Director Maria C. Freire | Management | For | For |
1.6 | Elect Director Jennifer Friel Goldstein | Management | For | For |
1.7 | Elect Director Richard H. Klein | Management | For | For |
1.8 | Elect Director Michael A. Woronoff | Management | For | For |
2 | Amend Restricted Stock Plan | Management | For | For |
3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
4 | Increase Authorized Common Stock | Management | For | For |
5 | Ratify Ernst & Young LLP as Auditors | Management | For | For |
| ||||
AMERICAN ASSETS TRUST, INC. | ||||
Ticker: AAT | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Ernest S. Rady | Management | For | For |
1.2 | Elect Director Robert S. Sullivan | Management | For | For |
1.3 | Elect Director Thomas S. Olinger | Management | For | For |
1.4 | Elect Director Joy L. Schaefer | Management | For | Withhold |
1.5 | Elect Director Nina A. Tran | 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 |
| ||||
AMERICAN
HOMES 4 RENT | ||||
Ticker: AMH | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Kenneth M. Woolley | Management | For | For |
1b | Elect Director David P. Singelyn | Management | For | For |
1c | Elect Director Douglas N. Benham | Management | For | For |
1d | Elect Director Jack Corrigan | Management | For | For |
1e | Elect Director David Goldberg | Management | For | For |
1f | Elect Director Tamara H. Gustavson | Management | For | For |
1g | Elect Director Matthew J. Hart | Management | For | For |
1h | Elect Director Michelle C. Kerrick | Management | For | For |
1i | Elect Director James H. Kropp | Management | For | For |
1j | Elect Director Lynn C. Swann | Management | For | For |
1k | Elect Director Winifred M. Webb | Management | For | For |
1l | Elect Director Jay Willoughby | Management | For | For |
1m | Elect Director Matthew R. Zaist | 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 |
| ||||
AMERICAN
TOWER CORPORATION | ||||
Ticker: AMT | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Thomas A. Bartlett | Management | For | For |
1b | Elect Director Kelly C. Chambliss | Management | For | For |
1c | Elect Director Teresa H. Clarke | Management | For | For |
1d | Elect Director Raymond P. Dolan | Management | For | For |
1e | Elect Director Kenneth R. Frank | Management | For | For |
1f | Elect Director Robert D. Hormats | Management | For | For |
1g | Elect Director Grace D. Lieblein | Management | For | For |
1h | Elect Director Craig Macnab | Management | For | For |
1i | Elect Director JoAnn A. Reed | Management | For | For |
1j | Elect Director Pamela D.A. Reeve | Management | For | For |
1k | Elect Director David E. Sharbutt | Management | For | For |
1l | Elect Director Bruce L. Tanner | Management | For | For |
1m | Elect Director Samme L. Thompson | 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 |
| ||||
AMERICOLD REALTY TRUST | ||||
Ticker: COLD | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director George F. Chappelle, Jr. | Management | For | For |
1b | Elect Director George J. Alburger, Jr. | Management | For | For |
1c | Elect Director Kelly H. Barrett | Management | For | For |
1d | Elect Director Robert L. Bass | Management | For | For |
1e | Elect Director Antonio F. Fernandez | Management | For | For |
1f | Elect Director Pamela K. Kohn | Management | For | For |
1g | Elect Director David J. Neithercut | Management | For | For |
1h | Elect Director Mark R. Patterson | Management | For | For |
1i | Elect Director Andrew P. Power | 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 | Approve Conversion from Maryland Real Estate Investment Trust to Maryland Corporation | Management | For | For |
5 | Ratify Ernst & Young LLP as Auditors | Management | For | For |
| ||||
AVALONBAY COMMUNITIES, INC. | ||||
Ticker: AVB | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Glyn F. Aeppel | Management | For | For |
1b | Elect Director Terry S. Brown | Management | For | For |
1c | Elect Director Alan B. Buckelew | Management | For | For |
1d | Elect Director Ronald L. Havner, Jr. | Management | For | For |
1e | Elect Director Stephen P. Hills | Management | For | For |
1f | Elect Director Christopher B. Howard | Management | For | For |
1g | Elect Director Richard J. Lieb | Management | For | For |
1h | Elect Director Nnenna Lynch | Management | For | For |
1i | Elect Director Timothy J. Naughton | Management | For | For |
1j | Elect Director Benjamin W. Schall | Management | For | For |
1k | Elect Director Susan Swanezy | Management | For | For |
1l | Elect Director W. Edward Walter | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify Ernst & Young LLP as Auditors | Management | For | For |
|
BROADSTONE NET LEASE, INC. |
Ticker: BNL |
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Laurie A. Hawkes | Management | For | For |
1.2 | Elect Director Christopher J. Czarnecki | Management | For | For |
1.3 | Elect Director Denise Brooks-Williams | Management | For | For |
1.4 | Elect Director Michael A. Coke | Management | For | For |
1.5 | Elect Director David M. Jacobstein | Management | For | For |
1.6 | Elect Director Shekar Narasimhan | Management | For | For |
1.7 | Elect Director Geoffrey H. Rosenberger | Management | For | For |
1.8 | Elect Director James H. Watters | Management | For | For |
2 | Amend Charter | Management | For | For |
3 | Advisory Vote on Say on Pay Frequency | Management | One Year | One Year |
4 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
5 | Ratify Deloitte & Touche LLP as Auditors | Management | For | For |
| ||||
CAMDEN PROPERTY TRUST | ||||
Ticker: CPT | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Richard J. Campo | Management | For | For |
1.2 | Elect Director Javier E. Benito | Management | For | For |
1.3 | Elect Director Heather J. Brunner | Management | For | For |
1.4 | Elect Director Mark D. Gibson | Management | For | For |
1.5 | Elect Director Scott S. Ingraham | Management | For | For |
1.6 | Elect Director Renu Khator | Management | For | For |
1.7 | Elect Director D. Keith Oden | Management | For | For |
1.8 | Elect Director Frances Aldrich Sevilla-Sacasa | Management | For | For |
1.9 | Elect Director Steven A. Webster | Management | For | For |
1.10 | Elect Director Kelvin R. Westbrook | 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 |
| ||||
CBRE GROUP, INC. | ||||
Ticker: CBRE | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Brandon B. Boze | Management | For | For |
1b | Elect Director Beth F. Cobert | Management | For | For |
1c | Elect Director Reginald H. Gilyard | Management | For | For |
1d | Elect Director Shira D. Goodman | Management | For | For |
1e | Elect Director Christopher T. Jenny | Management | For | For |
1f | Elect Director Gerardo I. Lopez | Management | For | For |
1g | Elect Director Susan Meaney | Management | For | For |
1h | Elect Director Oscar Munoz | Management | For | For |
1i | Elect Director Robert E. Sulentic | Management | For | For |
1j | Elect Director Sanjiv Yajnik | 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 | Amend Omnibus Stock Plan | Management | For | For |
5 | Reduce Ownership Threshold for Shareholders to Call Special Meeting | Shareholder | Against | For |
| ||||
CITY OFFICE REIT, INC. | ||||
Ticker: CIO | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director John McLernon | Management | For | For |
1.2 | Elect Director James Farrar | Management | For | For |
1.3 | Elect Director William Flatt | Management | For | For |
1.4 | Elect Director Sabah Mirza | Management | For | For |
1.5 | Elect Director Mark Murski | Management | For | For |
1.6 | Elect Director John Sweet | 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 | Amend Omnibus Stock Plan | Management | For | For |
| ||||
COUSINS PROPERTIES INCORPORATED | ||||
Ticker: CUZ | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Charles T. Cannada | Management | For | For |
1b | Elect Director Robert M. Chapman | Management | For | For |
1c | Elect Director M. Colin Connolly | Management | For | For |
1d | Elect Director Scott W. Fordham | Management | For | For |
1e | Elect Director Lillian C. Giornelli | Management | For | For |
1f | Elect Director R. Kent Griffin, Jr. | Management | For | For |
1g | Elect Director Donna W. Hyland | Management | For | For |
1h | Elect Director Dionne Nelson | Management | For | For |
1i | Elect Director R. Dary Stone | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Approve Qualified Employee Stock Purchase Plan | Management | For | For |
4 | Ratify Deloitte & Touche, LLP as Auditors | Management | For | For |
| ||||
CROWN
CASTLE INTERNATIONAL CORP. | ||||
Ticker: CCI | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director P. Robert Bartolo | Management | For | For |
1b | Elect Director Jay A. Brown | Management | For | For |
1c | Elect Director Cindy Christy | Management | For | For |
1d | Elect Director Ari Q. Fitzgerald | Management | For | For |
1e | Elect Director Andrea J. Goldsmith | Management | For | For |
1f | Elect Director Tammy K. Jones | Management | For | Against |
1g | Elect Director Anthony J. Melone | Management | For | For |
1h | Elect Director W. Benjamin Moreland | Management | For | For |
1i | Elect Director Kevin A. Stephens | Management | For | For |
1j | Elect Director Matthew Thornton, III | Management | For | For |
2 | Ratify PricewaterhouseCoopers LLP as Auditors | Management | For | For |
3 | Approve Omnibus Stock Plan | Management | For | For |
4 | Increase Authorized Common Stock | Management | For | For |
5 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| ||||
EMPIRE
STATE REALTY TRUST, INC. | ||||
Ticker: ESRT | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Anthony E. Malkin | Management | For | For |
1.2 | Elect Director Leslie D. Biddle | Management | For | For |
1.3 | Elect Director Thomas J. DeRosa | Management | For | For |
1.4 | Elect Director Steven J. Gilbert | Management | For | For |
1.5 | Elect Director S. Michael Giliberto | Management | For | For |
1.6 | Elect Director Patricia S. Han | Management | For | For |
1.7 | Elect Director Grant H. Hill | Management | For | For |
1.8 | Elect Director R. Paige Hood | Management | For | For |
1.9 | Elect Director James D. Robinson, IV | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify Ernst & Young LLP as Auditors | Management | For | For |
| ||||
EQUINIX, INC. | ||||
Ticker: EQIX | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Nanci Caldwell | Management | For | For |
1.2 | Elect Director Adaire Fox-Martin | Management | For | For |
1.3 | Elect Director Ron Guerrier | Management | For | For |
1.4 | Elect Director Gary Hromadko | Management | For | For |
1.5 | Elect Director Irving Lyons, III | Management | For | For |
1.6 | Elect Director Charles Meyers | Management | For | For |
1.7 | Elect Director Christopher Paisley | Management | For | For |
1.8 | Elect Director Sandra Rivera | Management | For | For |
1.9 | Elect Director Peter Van Camp | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | Against |
3 | Ratify PricewaterhouseCoopers LLP as Auditors | Management | For | For |
4 | Reduce Ownership Threshold for Shareholders to Call Special Meeting | Shareholder | Against | Against |
| ||||
EQUITY LIFESTYLE PROPERTIES, INC. | ||||
Ticker: ELS | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Andrew Berkenfield | Management | For | For |
1.2 | Elect Director Derrick Burks | Management | For | For |
1.3 | Elect Director Philip Calian | Management | For | For |
1.4 | Elect Director David Contis | Management | For | For |
1.5 | Elect Director Constance Freedman | Management | For | For |
1.6 | Elect Director Thomas Heneghan | Management | For | For |
1.7 | Elect Director Marguerite Nader | Management | For | For |
1.8 | Elect Director Scott Peppet | Management | For | For |
1.9 | Elect Director Sheli Rosenberg | Management | For | For |
1.10 | Elect Director Samuel Zell | 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 |
| ||||
FIRST
INDUSTRIAL REALTY TRUST, INC. | ||||
Ticker: FR | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Peter E. Baccile | Management | For | For |
1.2 | Elect Director Teresa Bryce Bazemore | Management | For | For |
1.3 | Elect Director Matthew S. Dominski | Management | For | For |
1.4 | Elect Director H. Patrick Hackett, Jr. | Management | For | For |
1.5 | Elect Director Denise A. Olsen | Management | For | For |
1.6 | Elect Director John E. Rau | Management | For | For |
1.7 | Elect Director Marcus L. Smith | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify PricewaterhouseCoopers LLP as Auditors | Management | For | For |
| ||||
HEALTHPEAK PROPERTIES, INC. | ||||
Ticker: PEAK | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Brian G. Cartwright | Management | For | For |
1b | Elect Director Christine N. Garvey | Management | For | For |
1c | Elect Director R. Kent Griffin, Jr. | Management | For | For |
1d | Elect Director David B. Henry | Management | For | For |
1e | Elect Director Thomas M. Herzog | Management | For | For |
1f | Elect Director Lydia H. Kennard | Management | For | For |
1g | Elect Director Sara G. Lewis | Management | For | For |
1h | Elect Director Katherine M. Sandstrom | Management | For | For |
2 | Advisory Vote to Ratify Named Executive | Management | For | For |
Officers' Compensation | ||||
3 | Ratify Deloitte & Touche LLP as Auditors | Management | For | For |
| ||||
HOST
HOTELS & RESORTS, INC. | ||||
Ticker: HST | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Mary L. Baglivo | Management | For | For |
1.2 | Elect Director Herman E. Bulls | Management | For | For |
1.3 | Elect Director Richard E. Marriott | Management | For | For |
1.4 | Elect Director Mary Hogan Preusse | Management | For | For |
1.5 | Elect Director Walter C. Rakowich | Management | For | For |
1.6 | Elect Director James F. Risoleo | Management | For | For |
1.7 | Elect Director Gordon H. Smith | Management | For | For |
1.8 | Elect Director A. William Stein | Management | For | For |
2 | Ratify KPMG LLP as Auditors | Management | For | For |
3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| ||||
INDEPENDENCE
REALTY TRUST, INC. | ||||
Ticker: IRT | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Scott F. Schaeffer | Management | For | For |
1.2 | Elect Director Stephen R. Bowie | Management | For | For |
1.3 | Elect Director Ned W. Brines | Management | For | For |
1.4 | Elect Director Richard D. Gebert | Management | For | For |
1.5 | Elect Director Melinda H. McClure | Management | For | For |
1.6 | Elect Director Ella S. Neyland | Management | For | For |
1.7 | Elect Director Thomas H. Purcell | Management | For | For |
1.8 | Elect Director Ana Marie Del Rio | Management | For | For |
1.9 | Elect Director DeForest B. Soaries, Jr. | Management | For | For |
1.10 | Elect Director Lisa Washington | 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 | Approve Omnibus Stock Plan | Management | For | For |
|
KILROY REALTY CORPORATION |
Meeting Date: MAY 19, 2022 | ||||
Ticker: KRC | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director John Kilroy | Management | For | For |
1b | Elect Director Edward F. Brennan | Management | For | For |
1c | Elect Director Jolie Hunt | Management | For | For |
1d | Elect Director Scott S. Ingraham | Management | For | For |
1e | Elect Director Louisa G. Ritter | Management | For | For |
1f | Elect Director Gary R. Stevenson | Management | For | For |
1g | Elect Director Peter B. Stoneberg | 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 |
| ||||
KIMCO REALTY CORPORATION | ||||
Ticker: KIM | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Milton Cooper | Management | For | For |
1b | Elect Director Philip E. Coviello | Management | For | For |
1c | Elect Director Conor C. Flynn | Management | For | For |
1d | Elect Director Frank Lourenso | Management | For | For |
1e | Elect Director Henry Moniz | Management | For | For |
1f | Elect Director Mary Hogan Preusse | Management | For | For |
1g | Elect Director Valerie Richardson | Management | For | For |
1h | Elect Director Richard B. Saltzman | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify Pricewaterhouse Coopers LLP as Auditors | Management | For | For |
| ||||
LIFE STORAGE, INC. | ||||
Ticker: LSI | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Mark G. Barberio | Management | For | For |
1.2 | Elect Director Joseph V. Saffire | Management | For | For |
1.3 | Elect Director Stephen R. Rusmisel | Management | For | For |
1.4 | Elect Director Arthur L. Havener, Jr. | Management | For | For |
1.5 | Elect Director Dana Hamilton | Management | For | For |
1.6 | Elect Director Edward J. Pettinella | Management | For | For |
1.7 | Elect Director David L. Rogers | Management | For | For |
1.8 | Elect Director Susan Harnett | 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 |
| ||||
NETSTREIT
CORP. | ||||
Ticker: NTST | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Mark Manheimer | Management | For | For |
1b | Elect Director Todd Minnis | Management | For | For |
1c | Elect Director Michael Christodolou | Management | For | For |
1d | Elect Director Heidi Everett | Management | For | For |
1e | Elect Director Matthew Troxell | Management | For | For |
1f | Elect Director Lori Wittman | Management | For | For |
1g | Elect Director Robin Zeigler | Management | For | Against |
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 |
| ||||
PROLOGIS, INC. | ||||
Ticker: PLD | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Hamid R. Moghadam | Management | For | For |
1b | Elect Director Cristina G. Bita | Management | For | For |
1c | Elect Director George L. Fotiades | Management | For | For |
1d | Elect Director Lydia H. Kennard | Management | For | For |
1e | Elect Director Irving F. Lyons, III | Management | For | For |
1f | Elect Director Avid Modjtabai | Management | For | For |
1g | Elect Director David P. O'Connor | Management | For | For |
1h | Elect Director Olivier Piani | Management | For | For |
1i | Elect Director Jeffrey L. Skelton | Management | For | For |
1j | Elect Director Carl B. Webb | Management | For | For |
1k | Elect Director William D. Zollars | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify KPMG LLP as Auditors | Management | For | For |
| ||||
PUBLIC STORAGE | ||||
Ticker: PSA | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Ronald L. Havner, Jr. | Management | For | For |
1b | Elect Director Tamara Hughes Gustavson | Management | For | For |
1c | Elect Director Leslie S. Heisz | Management | For | For |
1d | Elect Director Michelle Millstone-Shroff | Management | For | For |
1e | Elect Director Shankh S. Mitra | Management | For | For |
1f | Elect Director David J. Neithercut | Management | For | For |
1g | Elect Director Rebecca Owen | Management | For | For |
1h | Elect Director Kristy M. Pipes | Management | For | For |
1i | Elect Director Avedick B. Poladian | Management | For | For |
1j | Elect Director John Reyes | Management | For | For |
1k | Elect Director Joseph D. Russell, Jr. | Management | For | For |
1l | Elect Director Tariq M. Shaukat | Management | For | For |
1m | Elect Director Ronald P. Spogli | Management | For | For |
1n | Elect Director Paul S. Williams | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify Ernst & Young LLP as Auditors | Management | For | For |
4 | Eliminate Supermajority Voting Requirements to Amend the Declaration of Trust | Management | For | For |
| ||||
REALTY INCOME CORPORATION | ||||
Ticker: O | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Issue Shares in Connection with Merger | Management | For | For |
2 | Adjourn Meeting | Management | For | For |
| ||||
REALTY INCOME CORPORATION | ||||
Ticker: O | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Priscilla Almodovar | Management | For | For |
1b | Elect Director Jacqueline Brady | Management | For | For |
1c | Elect Director A. Larry Chapman | Management | For | For |
1d | Elect Director Reginald H. Gilyard | Management | For | For |
1e | Elect Director Mary Hogan Preusse | Management | For | For |
1f | Elect Director Priya Cherian Huskins | Management | For | For |
1g | Elect Director Gerardo I. Lopez | Management | For | For |
1h | Elect Director Michael D. McKee | Management | For | For |
1i | Elect Director Gregory T. McLaughlin | Management | For | For |
1j | Elect Director Ronald L. Merriman | Management | For | For |
1k | Elect Director Sumit Roy | 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 | Increase Authorized Common Stock | Management | For | For |
| ||||
REGENCY CENTERS CORPORATION | ||||
Ticker: REG | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Martin E. Stein, Jr. | Management | For | For |
1b | Elect Director Bryce Blair | Management | For | For |
1c | Elect Director C. Ronald Blankenship | Management | For | For |
1d | Elect Director Deirdre J. Evens | Management | For | For |
1e | Elect Director Thomas W. Furphy | Management | For | For |
1f | Elect Director Karin M. Klein | Management | For | For |
1g | Elect Director Peter D. Linneman | Management | For | For |
1h | Elect Director David P. O'Connor | Management | For | For |
1i | Elect Director Lisa Palmer | Management | For | For |
1j | Elect Director James H. Simmons, III | Management | For | For |
1k | Elect Director Thomas G. Wattles | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify KPMG LLP as Auditors | Management | For | For |
| ||||
REXFORD INDUSTRIAL REALTY, INC. | ||||
Ticker: REXR | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Robert L. Antin | Management | For | For |
1.2 | Elect Director Michael S. Frankel | Management | For | For |
1.3 | Elect Director Diana J. Ingram | Management | For | For |
1.4 | Elect Director Angela L. Kleiman | Management | For | For |
1.5 | Elect Director Debra L. Morris | Management | For | For |
1.6 | Elect Director Tyler H. Rose | Management | For | For |
1.7 | Elect Director Howard Schwimmer | Management | For | For |
1.8 | Elect Director Richard Ziman | 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 |
4 | Advisory Vote on Say on Pay Frequency | Management | One Year | One Year |
| ||||
RPT REALTY | ||||
Ticker: RPT | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Richard L. Federico | Management | For | Withhold |
1.2 | Elect Director Arthur H. Goldberg | Management | For | Withhold |
1.3 | Elect Director Brian L. Harper | Management | For | For |
1.4 | Elect Director Joanna T. Lau | Management | For | For |
1.5 | Elect Director David J. Nettina | Management | For | For |
1.6 | Elect Director Laurie M. Shahon | Management | For | Withhold |
1.7 | Elect Director Andrea M. Weiss | Management | For | Withhold |
2 | Ratify Grant Thornton LLP as Auditors | Management | For | For |
3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | Against |
4 | Amend Bylaws to Allow Shareholders the Right to Amend Bylaws | Management | For | For |
|
RYMAN HOSPITALITY PROPERTIES, INC. |
Ticker: RHP | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Rachna Bhasin | Management | For | For |
1b | Elect Director Alvin Bowles, Jr. | Management | For | For |
1c | Elect Director Christian Brickman | Management | For | For |
1d | Elect Director Mark Fioravanti | Management | For | For |
1e | Elect Director Fazal Merchant | Management | For | For |
1f | Elect Director Patrick Moore | Management | For | For |
1g | Elect Director Christine Pantoya | Management | For | For |
1h | Elect Director Robert Prather, Jr. | Management | For | For |
1i | Elect Director Colin Reed | Management | For | For |
1j | Elect Director Michael I. Roth | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify Ernst & Young LLP as Auditors | Management | For | For |
| ||||
SBA COMMUNICATIONS CORPORATION | ||||
Ticker: SBAC | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Kevin L. Beebe | Management | For | For |
1.2 | Elect Director Jack Langer | Management | For | For |
1.3 | Elect Director Jeffrey A. Stoops | Management | For | For |
1.4 | Elect Director Jay L. Johnson | 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 |
| ||||
SIMON
PROPERTY GROUP, INC. | ||||
Ticker: SPG | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Glyn F. Aeppel | Management | For | For |
1b | Elect Director Larry C. Glasscock | Management | For | For |
1c | Elect Director Karen N. Horn | Management | For | For |
1d | Elect Director Allan Hubbard | Management | For | For |
1e | Elect Director Reuben S. Leibowitz | Management | For | For |
1f | Elect Director Gary M. Rodkin | Management | For | For |
1g | Elect Director Peggy Fang Roe | Management | For | For |
1h | Elect Director Stefan M. Selig | Management | For | For |
1i | Elect Director Daniel C. Smith | Management | For | For |
1j | Elect Director J. Albert Smith, Jr. | Management | For | For |
1k | Elect Director Marta R. Stewart | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify Ernst & Young LLP as Auditors | Management | For | For |
| ||||
SPIRIT REALTY CAPITAL, INC. | ||||
Ticker: SRC | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Kevin M. Charlton | Management | For | For |
1.2 | Elect Director Elizabeth F. Frank | Management | For | For |
1.3 | Elect Director Michelle M. Frymire | Management | For | For |
1.4 | Elect Director Kristian M. Gathright | Management | For | For |
1.5 | Elect Director Richard I. Gilchrist | Management | For | For |
1.6 | Elect Director Jackson Hsieh | Management | For | For |
1.7 | Elect Director Diana M. Laing | Management | For | For |
1.8 | Elect Director Nicholas P. Shepherd | Management | For | For |
1.9 | Elect Director Thomas J. Sullivan | Management | For | For |
2 | Ratify Ernst & Young 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 |
| ||||
SUMMIT
HOTEL PROPERTIES, INC. | ||||
Ticker: INN | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Amina Belouizdad | Management | For | For |
1b | Elect Director Bjorn R. L. Hanson | Management | For | For |
1c | Elect Director Jeffrey W. Jones | Management | For | For |
1d | Elect Director Kenneth J. Kay | Management | For | For |
1e | Elect Director Mehul B. Patel | Management | For | For |
1f | Elect Director Jonathan P. Stanner | Management | For | For |
1g | Elect Director Thomas W. Storey | Management | For | For |
1h | Elect Director Hope S. Taitz | 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 |
| ||||
THE
HOWARD HUGHES CORPORATION | ||||
Ticker: HHC | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director William A. Ackman | Management | For | For |
1b | Elect Director Adam Flatto | Management | For | For |
1c | Elect Director Beth Kaplan | Management | For | Against |
1d | Elect Director Allen Model | Management | For | For |
1e | Elect Director David O'Reilly | Management | For | For |
1f | Elect Director R. Scot Sellers | Management | For | For |
1g | Elect Director Steven Shepsman | Management | For | For |
1h | Elect Director Mary Ann Tighe | Management | For | For |
1i | Elect Director Anthony Williams | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify KPMG LLP as Auditors | Management | For | For |
| ||||
UDR, INC. | ||||
Ticker: UDR | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Katherine A. Cattanach | Management | For | For |
1b | Elect Director Jon A. Grove | Management | For | For |
1c | Elect Director Mary Ann King | Management | For | For |
1d | Elect Director James D. Klingbeil | Management | For | For |
1e | Elect Director Clint D. McDonnough | Management | For | For |
1f | Elect Director Robert A. McNamara | Management | For | For |
1g | Elect Director Diane M. Morefield | Management | For | For |
1h | Elect Director Kevin C. Nickelberry | Management | For | For |
1i | Elect Director Mark R. Patterson | Management | For | For |
1j | Elect Director Thomas W. Toomey | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | Against |
3 | Ratify Ernst & Young LLP as Auditors | Management | For | For |
| ||||
WEINGARTEN REALTY INVESTORS | ||||
Ticker: WRI | ||||
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 |
| ||||
WELLTOWER INC. | ||||
Ticker: WELL | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Kenneth J. Bacon | Management | For | For |
1b | Elect Director Karen B. DeSalvo | Management | For | For |
1c | Elect Director Philip L. Hawkins | Management | For | For |
1d | Elect Director Dennis G. Lopez | Management | For | For |
1e | Elect Director Shankh Mitra | Management | For | For |
1f | Elect Director Ade J. Patton | Management | For | For |
1g | Elect Director Diana W. Reid | Management | For | For |
1h | Elect Director Sergio D. Rivera | Management | For | For |
1i | Elect Director Johnese M. Spisso | Management | For | For |
1j | Elect Director Kathryn M. Sullivan | Management | For | For |
2 | Amend Certificate of Incorporation of Welltower OP Inc. to Remove Welltower Inc. Shareholder Approval for the Amendments of Welltower OP Inc. Certificate of Incorporation and Other Extraordinary Transactions | Management | For | For |
3 | Ratify Ernst & Young LLP as Auditors | Management | For | For |
4 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | Against |
| ||||
WEWORK,
INC. | ||||
Ticker: WE | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Michel Combes | Management | For | For |
1.2 | Elect Director Bruce Dunlevie | Management | For | For |
1.3 | Elect Director Saurabh Jalan | Management | For | For |
1.4 | Elect Director Veronique Laury | Management | For | For |
1.5 | Elect Director Sandeep Mathrani | Management | For | For |
1.6 | Elect Director Deven Parekh | Management | For | For |
1.7 | Elect Director Vivek Ranadive | Management | For | For |
1.8 | Elect Director Kirthiga Reddy | Management | For | For |
1.9 | Elect Director Jeffrey 'Jeff' Sine | 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 |
| ||||
WEYERHAEUSER
COMPANY | ||||
Ticker: WY | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Mark A. Emmert | Management | For | For |
1b | Elect Director Rick R. Holley | Management | For | For |
1c | Elect Director Sara Grootwassink Lewis | Management | For | For |
1d | Elect Director Deidra C. Merriwether | Management | For | For |
1e | Elect Director Al Monaco | Management | For | For |
1f | Elect Director Nicole W. Piasecki | Management | For | For |
1g | Elect Director Lawrence A. Selzer | Management | For | For |
1h | Elect Director Devin W. Stockfish | Management | For | For |
1i | Elect Director Kim Williams | 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 KPMG LLP as Auditors | Management | For | For |
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 Real Estate Securities Trust______
By (Signature and Title)* /s/MATTHEW T. HINKLE__
Matthew T. Hinkle,
Chief Executive Officer – Finance and Administration
Date August 25, 2022__
* Print the name and title of each signing officer under his or her signature.