NAME OF REGISTRANT:
Franklin Multi-Income Trust
File No. 811-5873
EXHIBIT ITEM No. 77C: Submission of matters to a vote of security holders.
FRANKLIN MULTI-INCOME TRUST
MINUTES OF THE ANNUAL SHAREHOLDERS' MEETING
September 7, 2000
The Annual Shareholders' Meeting of Franklin Multi-Income Trust (the "Fund")
was held on September 7, 2000 at 2:00 p.m. at the offices of the Fund, 777
Mariners Island Boulevard, San Mateo, California 94404.
Christopher Molumphy presided at the Meeting and David P. Goss acted as
Secretary. Mr. Molumphy appointed Joyce L. Sanns to serve as Inspector of
Election.
The reading of the "Notice of 2000 Annual Shareholders' Meeting" dated July
31, 2000 was waived. Mr. Molumphy indicated that the Notice of the Meeting
and the accompanying Proxy Statement would be entered into the Minutes of
the Meeting.
An alphabetical list of shareholders entitled to vote at the Meeting and
the proxies which had been executed by the shareholders were then presented.
The Inspector of Election reported that on the record date, July 6, 2000,
there were 5,857,600 shares of the Fund issued, outstanding and entitled to
vote at the Meeting, and that a majority of such shares was represented by
proxy at the Meeting and there was the quorum needed to transact the
business of the Meeting.
The Chairman then called for voting on the matters set forth in the Proxy
Statement. Ms. Sanns, then reported that on the questions, the voting was
as follows:
1. Regarding the proposal to elect nominees for Trustees:
Trustees
Shares
For
% of
Outstanding
Shares
Robert F. Carlson
S. Joseph Fortunato
Frank W.T. LaHaye
4,785,295.522
4,785,071.522
4,789,345.522
81.694%
81.690%
81.763%
2. Regarding the proposal to ratify the selection of PricewaterhouseCoopers
LLP, as independent auditors for the Fund's fiscal year ending March 31, 2001:
Shares
For
Shares
Against
4,970,787.433
26,196.880
3. Regarding the proposal to grant the proxyholders the authority to vote
upon any other business that may properly come before the Meeting or any
adjournments thereof:
Shares
For
Shares
Against
4,667,574.122
261,076.130
There being no further business to come before the Meeting, upon motion
duly made, seconded and carried, the Meeting was adjourned.
Dated: September 7, 2000 __________________________
David P. Goss
Acting Secretary
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