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:   6/30/18

Item 1. Proxy Voting Records.

ALLIANT ENERGY CORPORATION
Meeting Date:  MAY 17, 2018
Record Date:  MAR 23, 2018
Meeting Type:  ANNUAL

Ticker:  LNT
Security ID:  018802108

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Dean C. Oestreich

Management

For

For

1.2

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 Political Contributions

Shareholder

Against

Against

AMERICAN ELECTRIC POWER COMPANY, INC.
Meeting Date:  APR 24, 2018
Record Date:  FEB 26, 2018
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

Ratify PricewaterhouseCoopers LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

BHP BILLITON PLC
Meeting Date:  OCT 19, 2017
Record Date:  SEP 15, 2017
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 Policy

Management

For

For

8

Approve Remuneration Report for UK Law Purposes

Management

For

For

9

Approve Remuneration Report for Australian Law Purposes

Management

For

For

10

Approve Leaving Entitlements

Management

For

For

11

Approve Grant of Awards under the Group's Incentive Plans to Andrew Mackenzie

Management

For

For

12

Elect Terry Bowen as Director

Management

For

For

13

Elect John Mogford as Director

Management

For

For

14

Re-elect Malcolm Broomhead as Director

Management

For

For

15

Re-elect Anita Frew as Director

Management

For

For

16

Re-elect Carolyn Hewson as Director

Management

For

For

17

Re-elect Andrew Mackenzie as Director

Management

For

For

18

Re-elect Lindsay Maxsted as Director

Management

For

For

19

Re-elect Wayne Murdy as Director

Management

For

For

20

Re-elect Shriti Vadera as Director

Management

For

For

21

Re-elect Ken MacKenzie as Director

Management

For

For

22

Amend the Constitution

Shareholder

Against

Against

23

Review the Public Policy Advocacy on Climate Change and Energy

Shareholder

Against

Against

CENTERPOINT ENERGY, INC.
Meeting Date:  APR 26, 2018
Record Date:  MAR 01, 2018
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 Scott J. McLean

Management

For

For

1d

Elect Director Martin H. Nesbitt

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

CHAPARRAL ENERGY, INC.
Meeting Date:  MAR 06, 2018
Record Date:  FEB 01, 2018
Meeting Type:  SPECIAL

Ticker:  
Security ID:  15942R208

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1

Approve the First Amendment to the Stockholders Agreement

Management

For

For

CHAPARRAL ENERGY, INC.
Meeting Date:  MAR 06, 2018
Record Date:  FEB 01, 2018
Meeting Type:  SPECIAL

Ticker:  
Security ID:  15942R307

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1

Approve the First Amendment to the Stockholders Agreement

Management

For

For

CHAPARRAL ENERGY, INC.
Meeting Date:  MAR 06, 2018
Record Date:  FEB 01, 2018
Meeting Type:  SPECIAL

Ticker:  
Security ID:  15942R406

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1

Approve the First Amendment to the Stockholders Agreement

Management

For

For

CHAPARRAL ENERGY, INC.
Meeting Date:  JUN 29, 2018
Record Date:  MAY 22, 2018
Meeting Type:  ANNUAL

Ticker:  
Security ID:  15942R307

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director K. Earl Reynolds

Management

For

For

1.2

Elect Director Robert F. Heinemann

Management

For

For

1.3

Elect Director Douglas E. Brooks

Management

For

For

1.4

Elect Director Matthew D. Cabell

Management

For

For

1.5

Elect Director Samuel Langford

Management

For

For

1.6

Elect Director Kenneth W. Moore

Management

For

For

1.7

Elect Director Gysle Shellum

Management

For

For

1.8

Elect Director David Geenberg

Management

For

For

2

Ratify Grant Thornton LLP as Auditors

Management

For

For

CHAPARRAL ENERGY, INC.
Meeting Date:  JUN 29, 2018
Record Date:  MAY 22, 2018
Meeting Type:  ANNUAL

Ticker:  
Security ID:  15942R406

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director K. Earl Reynolds

Management

For

For

1.2

Elect Director Robert F. Heinemann

Management

For

For

1.3

Elect Director Douglas E. Brooks

Management

For

For

1.4

Elect Director Matthew D. Cabell

Management

For

For

1.5

Elect Director Samuel Langford

Management

For

For

1.6

Elect Director Kenneth W. Moore

Management

For

For

1.7

Elect Director Gysle Shellum

Management

For

For

1.8

Elect Director David Geenberg

Management

For

For

2

Ratify Grant Thornton LLP as Auditors

Management

For

For

CMS ENERGY CORPORATION
Meeting Date:  MAY 04, 2018
Record Date:  MAR 06, 2018
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 Patricia K. Poppe

Management

For

For

1g

Elect Director John G. Russell

Management

For

For

1h

Elect Director Myrna M. Soto

Management

For

For

1i

Elect Director John G. Sznewajs

Management

For

For

1j

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 Political Contributions

Shareholder

Against

Against

CONSOLIDATED EDISON, INC.
Meeting Date:  MAY 21, 2018
Record Date:  MAR 23, 2018
Meeting Type:  ANNUAL

Ticker:  ED
Security ID:  209115104

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director George Campbell, Jr.

Management

For

For

1b

Elect Director Ellen V. Futter

Management

For

For

1c

Elect Director John F. Killian

Management

For

For

1d

Elect Director John McAvoy

Management

For

For

1e

Elect Director William J. Mulrow

Management

For

For

1f

Elect Director Armando J. Olivera

Management

For

For

1g

Elect Director Michael W. Ranger

Management

For

For

1h

Elect Director Linda S. Sanford

Management

For

For

1i

Elect Director Deirdre Stanley

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

DOMINION ENERGY, INC.
Meeting Date:  MAY 09, 2018
Record Date:  MAR 02, 2018
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

Against

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

Report on Methane Emissions Management and Reduction Targets

Shareholder

Against

Against

5

Provide Right to Act by Written Consent

Shareholder

Against

For

DTE ENERGY COMPANY
Meeting Date:  MAY 03, 2018
Record Date:  MAR 06, 2018
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 Josue Robles, Jr.

Management

For

For

1.9

Elect Director Ruth G. Shaw

Management

For

For

1.10

Elect Director Robert C. Skaggs, Jr.

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

Amend Omnibus Stock Plan

Management

For

For

5

Independent Economic Analysis of Early Closure of Fermi 2 Nuclear Plant

Shareholder

Against

Against

6

Reduce Ownership Threshold for Shareholders to Call Special Meeting

Shareholder

Against

For

DUKE ENERGY CORPORATION
Meeting Date:  MAY 03, 2018
Record Date:  MAR 09, 2018
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 Theodore F. Craver, Jr.

Management

For

For

1.3

Elect Director Robert M. Davis

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

Eliminate Supermajority Vote Requirement

Management

For

For

5

Report on Benefits of Lobbying

Shareholder

Against

For

EDISON INTERNATIONAL
Meeting Date:  APR 26, 2018
Record Date:  MAR 01, 2018
Meeting Type:  ANNUAL

Ticker:  EIX
Security ID:  281020107

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director Michael C. Camunez

Management

For

For

1b

Elect Director Vanessa C.L. Chang

Management

For

For

1c

Elect Director James T. Morris

Management

For

For

1d

Elect Director Timothy T. O'Toole

Management

For

For

1e

Elect Director Pedro J. Pizarro

Management

For

For

1f

Elect Director Linda G. Stuntz

Management

For

For

1g

Elect Director William P. Sullivan

Management

For

For

1h

Elect Director Ellen O. Tauscher

Management

For

For

1i

Elect Director Peter J. Taylor

Management

For

For

1j

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

Amend Proxy Access Right

Shareholder

Against

Against

ENBRIDGE INC.
Meeting Date:  MAY 09, 2018
Record Date:  MAR 12, 2018
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 Dan C. Tutcher

Management

For

For

1.12

Elect Director Catherine L. Williams

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

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year

ENTERGY CORPORATION
Meeting Date:  MAY 04, 2018
Record Date:  MAR 05, 2018
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 Philip L. Frederickson

Management

For

For

1f

Elect Director Alexis M. Herman

Management

For

For

1g

Elect Director Stuart L. Levenick

Management

For

For

1h

Elect Director Blanche Lambert Lincoln

Management

For

For

1i

Elect Director Karen A. Puckett

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 Distributed Renewable Generation Resources

Shareholder

Against

Against

EXELON CORPORATION
Meeting Date:  MAY 01, 2018
Record Date:  MAR 02, 2018
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 Linda P. Jojo

Management

For

For

1g

Elect Director Paul L. Joskow

Management

For

For

1h

Elect Director Robert J. Lawless

Management

For

For

1i

Elect Director Richard W. Mies

Management

For

For

1j

Elect Director John W. Rogers, Jr.

Management

For

For

1k

Elect Director Mayo A. Shattuck, III

Management

For

For

1l

Elect Director Stephen D. Steinour

Management

For

Against

2

Ratify PricewaterhouseCoopers LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

FIRSTENERGY CORP.
Meeting Date:  MAY 15, 2018
Record Date:  MAR 16, 2018
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 Steven J. Demetriou

Management

For

For

1.4

Elect Director Julia L. Johnson

Management

For

For

1.5

Elect Director Charles E. Jones

Management

For

For

1.6

Elect Director Donald T. Misheff

Management

For

For

1.7

Elect Director Thomas N. Mitchell

Management

For

For

1.8

Elect Director James F. O'Neil, III

Management

For

For

1.9

Elect Director Christopher D. Pappas

Management

For

For

1.10

Elect Director Sandra Pianalto

Management

For

For

1.11

Elect Director Luis A. Reyes

Management

For

For

1.12

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

Eliminate Supermajority Vote Requirement

Management

For

For

5

Adopt Majority Voting for Uncontested Election of Directors

Management

For

For

6

Provide Proxy Access Right

Management

For

For

7

Reduce Ownership Threshold for Shareholders to Call Special Meeting

Shareholder

Against

For

FREEPORT-MCMORAN INC.
Meeting Date:  JUN 05, 2018
Record Date:  APR 10, 2018
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 Jon C. Madonna

Management

For

For

1.5

Elect Director Courtney Mather

Management

For

For

1.6

Elect Director Dustan E. McCoy

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 23, 2018
Record Date:  APR 02, 2018
Meeting Type:  ANNUAL

Ticker:  GDP
Security ID:  382410843

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Ronald F. Coleman

Management

For

For

1.2

Elect Director K. Adam Leight

Management

For

For

1.3

Elect Director Thomas M. Souers

Management

For

For

2

Ratify Moss Adams LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

Abstain

4

Amend Omnibus Stock Plan *Withdrawn Resolution*

Management

None

None

GREAT PLAINS ENERGY INCORPORATED
Meeting Date:  NOV 21, 2017
Record Date:  OCT 06, 2017
Meeting Type:  SPECIAL

Ticker:  GXP
Security ID:  391164100

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

HALCON RESOURCES CORPORATION
Meeting Date:  MAY 14, 2018
Record Date:  MAR 16, 2018
Meeting Type:  ANNUAL

Ticker:  HK
Security ID:  40537Q605

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director William J. Campbell

Management

For

For

1.2

Elect Director James W. Christmas

Management

For

For

1.3

Elect Director Michael L. Clark

Management

For

For

1.4

Elect Director Ronald D. Scott

Management

For

For

2

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

INSTITUTIONAL FIDUCIARY TRUST
Meeting Date:  OCT 30, 2017
Record Date:  AUG 21, 2017
Meeting Type:  SPECIAL

Ticker:  
Security ID:  457756500

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Harris J. Ashton

Management

For

For

1.2

Elect Director Terrence J. Checki

Management

For

For

1.3

Elect Director Mary C. Choksi

Management

For

For

1.4

Elect Director Edith E. Holiday

Management

For

For

1.5

Elect Director Gregory E. Johnson

Management

For

For

1.6

Elect Director Rupert H. Johnson, Jr.

Management

For

For

1.7

Elect Director J. Michael Luttig

Management

For

For

1.8

Elect Director Larry D. Thompson

Management

For

For

1.9

Elect Director John B. Wilson

Management

For

For

3

Amend Fundamental Investment Restriction Regarding Investments in Commodities

Management

For

For

MIDSTATES PETROLEUM COMPANY, INC.
Meeting Date:  JUN 01, 2018
Record Date:  APR 30, 2018
Meeting Type:  ANNUAL

Ticker:  MPO
Security ID:  59804T407

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director David J. Sambrooks

Management

For

For

1.2

Elect Director Alan J. Carr

Management

For

For

1.3

Elect Director Frederic F. Brace

Management

For

For

1.4

Elect Director Patrice D. Douglas

Management

For

For

1.5

Elect Director Neal P. Goldman

Management

For

For

1.6

Elect Director Michael S. Reddin

Management

For

For

1.7

Elect Director Todd R. Snyder

Management

For

For

1.8

Elect Director Bruce H. Vincent

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Ratify Grant Thornton LLP as Auditors

Management

For

For

NEXTERA ENERGY, INC.
Meeting Date:  MAY 24, 2018
Record Date:  MAR 26, 2018
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

Provide Right to Act by Written Consent

Shareholder

Against

Against

5

Report on Political Contributions

Shareholder

Against

Against

NISOURCE INC.
Meeting Date:  MAY 08, 2018
Record Date:  MAR 13, 2018
Meeting Type:  ANNUAL

Ticker:  NI
Security ID:  65473P105

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Peter A. Altabef

Management

For

For

1.2

Elect Director Eric L. Butler

Management

For

For

1.3

Elect Director Aristides S. Candris

Management

For

For

1.4

Elect Director Wayne S. DeVeydt

Management

For

For

1.5

Elect Director Joseph Hamrock

Management

For

For

1.6

Elect Director Deborah A. Henretta

Management

For

For

1.7

Elect Director Michael E. Jesanis

Management

For

For

1.8

Elect Director Kevin T. Kabat

Management

For

For

1.9

Elect Director Richard L. Thompson

Management

For

For

1.10

Elect Director Carolyn Y. Woo

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

Provide Right to Act by Written Consent

Shareholder

Against

For

PG&E CORPORATION
Meeting Date:  MAY 22, 2018
Record Date:  MAR 23, 2018
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 Fred J. Fowler

Management

For

For

1.3

Elect Director Richard C. Kelly

Management

For

For

1.4

Elect Director Roger H. Kimmel

Management

For

For

1.5

Elect Director Richard A. Meserve

Management

For

For

1.6

Elect Director Forrest E. Miller

Management

For

For

1.7

Elect Director Eric D. Mullins

Management

For

For

1.8

Elect Director Rosendo G. Parra

Management

For

For

1.9

Elect Director Barbara L. Rambo

Management

For

For

1.10

Elect Director Anne Shen Smith

Management

For

For

1.11

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

Cease Charitable Contributions

Shareholder

Against

Against

5

Amend Proxy Access Right

Shareholder

Against

Against

PINNACLE WEST CAPITAL CORPORATION
Meeting Date:  MAY 16, 2018
Record Date:  MAR 09, 2018
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 Dale E. Klein

Management

For

For

1.6

Elect Director Humberto S. Lopez

Management

For

For

1.7

Elect Director Kathryn L. Munro

Management

For

For

1.8

Elect Director Bruce J. Nordstrom

Management

For

For

1.9

Elect Director Paula J. Sims

Management

For

For

1.10

Elect Director David P. Wagener

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

PPL CORPORATION
Meeting Date:  MAY 16, 2018
Record Date:  FEB 28, 2018
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 Phoebe A. Wood

Management

For

For

1.10

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 17, 2018
Record Date:  FEB 16, 2018
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 William V. Hickey

Management

For

For

1.3

Elect Director Ralph Izzo

Management

For

For

1.4

Elect Director Shirley Ann Jackson

Management

For

For

1.5

Elect Director David Lilley

Management

For

For

1.6

Elect Director Barry H. Ostrowsky

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

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

SEMPRA ENERGY
Meeting Date:  MAY 10, 2018
Record Date:  MAR 16, 2018
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 Jeffrey W. Martin

Management

For

For

1.8

Elect Director Bethany J. Mayer

Management

For

For

1.9

Elect Director William G. Ouchi

Management

For

For

1.10

Elect Director Debra L. Reed

Management

For

For

1.11

Elect Director William C. Rusnack

Management

For

For

1.12

Elect Director Lynn Schenk

Management

For

For

1.13

Elect Director Jack T. Taylor

Management

For

For

1.14

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

THE SOUTHERN COMPANY
Meeting Date:  MAY 23, 2018
Record Date:  MAR 26, 2018
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 Linda P. Hudson

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 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

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

WEC ENERGY GROUP, INC.
Meeting Date:  MAY 03, 2018
Record Date:  FEB 22, 2018
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 Danny L. Cunningham

Management

For

For

1.8

Elect Director William M. Farrow, III

Management

For

For