Home / Families / Brighthouse Funds / year to 30 June 2024
Brighthouse Funds
One season of the Brighthouse Funds record. The family page shows the latest season.
- Vote records reported
- 178,867year to 30 June 2024
- Against management
- 7.3%12,088 of 164,781 marked votes
- Say-on-pay support
- 84.5%for, of for + against + abstain
- Shareholder-proposal support
- 38.3%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Brighthouse Funds reported 178,867 vote records for the year to 30 June 2024. It marked 7.3% of its votes as cast against management (12,088 of 164,781), 1.2 percentage points below the median of the fund families tracked here, which was 8.5%.
Weighted by the number of shares voted, the against-management share is 5.9%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.
On pay and on shareholder proposals: it voted for 84.5% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 89.0%) and it voted for 38.3% of the proposals put forward by security holders (the median of the fund families tracked here: 35.1%).
By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (38.9% of 650), DIVERSITY, EQUITY, AND INCLUSION (37.6% of 768) and ENVIRONMENT OR CLIMATE (36.6% of 1,177).
It reported 1.47 billion shares out on loan at record dates, 6.55% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 60 families with at least 25 vote records in the season.
| year to 30 June 2024 | This family | Median family | All filers pooled |
|---|---|---|---|
| Against-management share | 7.3% | 8.5% | 10.2% |
| Say-on-pay support rate | 84.5% | 89.0% | 84.6% |
| Shareholder-proposal support rate | 38.3% | 35.1% | 37.0% |
| Shares on loan, share of shares held | 6.55% | 1.34% | 0.08% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Votes by category
Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 95,080 | 84,857 | 5,019 | 5.8% | |
| SECTION 14A SAY-ON-PAY VOTES | 6,681 | 4,902 | 895 | 7.7% | |
| AUDIT-RELATED | 11,871 | 10,725 | 495 | 0.7% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 716 | 529 | 148 | 38.9% | |
| EXTRAORDINARY TRANSACTIONS | 848 | 686 | 127 | 6.0% | |
| CAPITAL STRUCTURE | 12,956 | 10,464 | 1,328 | 7.2% | |
| COMPENSATION | 17,641 | 13,102 | 3,244 | 13.7% | |
| CORPORATE GOVERNANCE | 22,453 | 15,610 | 2,277 | 8.3% | |
| ENVIRONMENT OR CLIMATE | 1,190 | 459 | 716 | 36.6% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 746 | 343 | 394 | 36.4% | |
| DIVERSITY, EQUITY, AND INCLUSION | 776 | 331 | 437 | 37.6% | |
| OTHER SOCIAL ISSUES | 1,775 | 791 | 933 | 33.8% | |
| OTHER | 11,078 | 7,724 | 1,318 | 6.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 178,867 | 7.3% | 84.5% | 38.3% | |
| year to 30 June 2025 | 193,492 | 6.9% | 85.7% | 34.4% | |
| year to 30 June 2026 | 177,318 | 4.9% | 85.3% | 49.3% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Brighthouse Funds voted against management on 238 of the 2,468 it marked either way (9.6%) in the year to 30 June 2024. The 40 companies with the most reporting filers are listed.
A further 1 say-on-pay item was reported without a management mark and are left out of both sides of that fraction.
- Comcast Corporation 10 Jun 2024
- Texas Instruments Incorporated 25 Apr 2024
- Palo Alto Networks, Inc. 12 Dec 2023
- Air Products and Chemicals, Inc. 25 Jan 2024
- WARNER BROS. DISCOVERY, INC. 3 Jun 2024
- Marriott International, Inc. 10 May 2024
- The Estee Lauder Companies Inc. 17 Nov 2023
- Prudential Financial, Inc. 14 May 2024
- Marvell Technology, Inc. 20 Jun 2024
- Copart, Inc. 8 Dec 2023
- Synchrony Financial 11 Jun 2024
- Axon Enterprise, Inc. 10 May 2024
- Las Vegas Sands Corp. 9 May 2024
- APA CORPORATION 23 May 2024
- Apollo Global Management, Inc. 6 Oct 2023
- Live Nation Entertainment, Inc. 13 Jun 2024
- Fortune Brands Innovations, Inc. 7 May 2024
- Zebra Technologies Corporation 9 May 2024
- Etsy, Inc. 13 Jun 2024
- Paycom Software, Inc. 29 Apr 2024
- American Airlines Group Inc. 5 Jun 2024
- Globe Life Inc. 25 Apr 2024
- NRG Energy, Inc. 25 Apr 2024
- RPM International Inc. 5 Oct 2023
- Caesars Entertainment, Inc. 11 Jun 2024
- UDR, Inc. 23 May 2024
- Burlington Stores, Inc. 22 May 2024
- Horizon Therapeutics Public Limited Company 27 Jul 2023
- Annaly Capital Management, Inc. 15 May 2024
- Pure Storage, Inc. 12 Jun 2024
- The Carlyle Group Inc. 29 May 2024
- Cognex Corporation 1 May 2024
- Life Storage, Inc. 18 Jul 2023
- Shockwave Medical, Inc. 29 May 2024
- RenaissanceRe Holdings Ltd. 13 May 2024
- Harley-Davidson, Inc. 16 May 2024
- United States Steel Corporation 12 Apr 2024
- Universal Display Corporation 20 Jun 2024
- Jefferies Financial Group Inc. 28 Mar 2024
- Lithia Motors, Inc. 23 Apr 2024
Shareholder proposals it supported
Of 1,234 proposals from security holders that could be told apart in the filings and on which it cast a vote, Brighthouse Funds voted for 514 (41.7%). The 40 at the companies with the most reporting filers are listed. Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| Apple Inc. | 28 Feb 2024 | A shareholder proposal requesting a report on the use of Al |
| NVIDIA Corporation | 26 Jun 2024 | Advisory approval of a stockholder proposal to replace the supermajority voting provisions in our charter... |
| Merck & Co., Inc. | 28 May 2024 | Shareholder proposal regarding a shareholder right to act by written consent |
| AbbVie Inc. | 3 May 2024 | Stockholder Proposal - to Implement Simple Majority Vote |
| The Procter & Gamble Company | 10 Oct 2023 | Shareholder Proposal - Request to Require Shareholder Approval for Certain Future Amendments to Company... |
| Bank of America Corporation | 24 Apr 2024 | Shareholder proposal requesting right to act by written consent |
| Verizon Communications Inc. | 9 May 2024 | Amend clawback policy |
| Verizon Communications Inc. | 9 May 2024 | Lobbying activities report |
| Verizon Communications Inc. | 9 May 2024 | Independent Board chair |
| Netflix, Inc. | 6 Jun 2024 | Stockholder proposal entitled, "Proposal 8 - Special Shareholder Meeting Improvement," |
| Oracle Corporation | 15 Nov 2023 | Stockholder Proposal Regarding Pay Gap Report |
| Tesla, Inc. | 13 Jun 2024 | A stockholder proposal regarding annual reporting on anti-harassment and discrimination efforts |
| Tesla, Inc. | 13 Jun 2024 | A stockholder proposal regarding simple majority voting provisions in our governing documents |
| Danaher Corporation | 7 May 2024 | Reduce Ownership Threshold for Shareholders to Call Special Meeting |
| Bristol-Myers Squibb Company | 7 May 2024 | Adopt Share Retention Policy For Senior Executives |
| NextEra Energy, Inc. | 23 May 2024 | A proposal entitled "Climate Lobbying Report" requesting a report on the Company's lobbying and trade... |
| NextEra Energy, Inc. | 23 May 2024 | Disclose Board Skills and Diversity Matrix |
| ConocoPhillips | 14 May 2024 | Simple Majority Vote. |
| Texas Instruments Incorporated | 25 Apr 2024 | Stockholder proposal to permit a combined 15% of stockholders to call a special meeting. |
| International Business Machines Corporation | 30 Apr 2024 | Stockholder Proposal Requesting a Right to Act by Written Consent |
| International Business Machines Corporation | 30 Apr 2024 | Stockholder Proposal Requesting a Public Report on Climate Lobbying |
| International Business Machines Corporation | 30 Apr 2024 | Stockholder Proposal Requesting the Adoption of Greenhouse Gas Emissions Targets |
| International Business Machines Corporation | 30 Apr 2024 | Stockholder Proposal Requesting a Public Report on Lobbying Activities |
| RTX CORPORATION | 2 May 2024 | Shareowner Proposal Requesting a Report on Full Value Chain Emissions Reduction Plan |
| RTX CORPORATION | 2 May 2024 | Shareowner Proposal Requesting a Lobbying Transparency Report |
| American Tower Corporation | 22 May 2024 | To consider a stockholder proposal, if properly presented, regarding the ownership threshold required to... |
| American Tower Corporation | 22 May 2024 | To consider a stockholder proposal, if properly presented, regarding disclosure of racial and gender pay gaps. |
| United Parcel Service, Inc. | 2 May 2024 | To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share. |
| Deere & Company | 28 Feb 2024 | Shareholder proposal regarding shareholder ratification of golden parachutes |
| ServiceNow, Inc. | 23 May 2024 | Shareholder proposal regarding simple majority vote. |
| Gilead Sciences, Inc. | 8 May 2024 | To vote on a stockholder proposal requesting that the Board adopt a policy requiring the Company's named... |
| LOCKHEED MARTIN CORPORATION | 2 May 2024 | Stockholder Proposal Requesting Reduction in Threshold to Call Special Stockholder Meetings |
| LOCKHEED MARTIN CORPORATION | 2 May 2024 | Stockholder Proposal Requesting a Report on Reducing Full Value Chain GHG Emissions |
| Citigroup Inc. | 30 Apr 2024 | Stockholder proposal requesting an Independent Board Chairman policy. |
| Colgate-Palmolive Company | 10 May 2024 | Stockholder proposal on independent Board Chairman. |
| Morgan Stanley | 23 May 2024 | Shareholder proposal regarding transparency in lobbying |
| Booking Holdings Inc. | 4 Jun 2024 | Stockholder proposal requesting a non-binding stockholder vote to amend the Company's clawback policy. |
| Prologis, Inc. | 9 May 2024 | Vote on a stockholder proposal titled "Simple Majority Vote." |
| THE BOEING COMPANY | 17 May 2024 | Racial and Gender Pay Gap Disclosure. |
| THE BOEING COMPANY | 17 May 2024 | Adoption of Value Chain Emission Reduction Target. |
Shares on loan
Brighthouse Funds reported 1.47 billion shares on loan at record dates against 20.96 billion shares voted: 6.55% of the two together. Median family: 1.34%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.
Questions
How did Brighthouse Funds vote on executive pay?
In the year to 30 June 2024 Brighthouse Funds reported 5,799 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 4,902 were for (84.5%), 895 against and 2 abstentions. Counting one item per company meeting, it voted against management on 238 of the 2,468 say-on-pay items it marked either way. A further 1 say-on-pay item was reported without a management mark and are not counted in that figure.
How often does Brighthouse Funds vote against management?
7.3% of the time in the year to 30 June 2024: 12,088 of the 164,781 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.
Did Brighthouse Funds support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 898 votes on proposals from security holders in the year to 30 June 2024 and voted for 193 of them (21.5%). Across every category it voted for 38.3% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.
Is this the result of the meetings?
No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.
Where does the data come from?
From the Form N-PX filings of the registrants and managers grouped under this family on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.
Back to the Brighthouse Funds family page · All filers in the year to 30 June 2024
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings of the filers grouped under Brighthouse Funds, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.