Home / Families / Capital Group and American Funds
Capital Group and American Funds
Fund registrants and adviser entities grouped under Capital Group and American Funds by this site's alias table
- Vote records reported
- 139,224year to 30 June 2026
- Against management
- 3.9%5,369 of 136,559 marked votes
- Say-on-pay support
- 85.2%for, of for + against + abstain
- Shareholder-proposal support
- 29.2%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
In its Form N-PX for the year to 30 June 2026, Capital Group and American Funds listed 139,224 vote records. Votes against management made up 3.9% of those marked either way (5,369 of 136,559); the median of the fund families tracked here stood at 7.8%.
Weighted by the number of shares voted, the against-management share is 5.8%. 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 85.2% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.2%) and it voted for 29.2% of the proposals put forward by security holders (the median of the fund families tracked here: 30.7%).
By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (31.2% of 362), SECTION 14A SAY-ON-PAY VOTES (14.7% of 6,325) and OTHER (12.7% of 551).
It reported 9.55 billion shares out on loan at record dates, 1.72% 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 2026 | This family | Median family | All filers pooled |
|---|---|---|---|
| Against-management share | 3.9% | 7.8% | 10.6% |
| Say-on-pay support rate | 85.2% | 88.2% | 86.0% |
| Shareholder-proposal support rate | 29.2% | 30.7% | 33.9% |
| Shares on loan, share of shares held | 1.72% | 1.53% | 3.12% |
| 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 | 73,396 | 71,918 | 1,077 | 1.7% | |
| SECTION 14A SAY-ON-PAY VOTES | 6,325 | 5,079 | 883 | 14.7% | |
| AUDIT-RELATED | 9,434 | 9,343 | 80 | 0.2% | |
| INVESTMENT COMPANY MATTERS | 17 | 17 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 395 | 253 | 109 | 31.2% | |
| EXTRAORDINARY TRANSACTIONS | 912 | 842 | 69 | 7.7% | |
| CAPITAL STRUCTURE | 12,812 | 11,795 | 1,013 | 8.5% | |
| COMPENSATION | 12,849 | 12,097 | 694 | 4.6% | |
| CORPORATE GOVERNANCE | 22,273 | 20,647 | 1,605 | 6.3% | |
| ENVIRONMENT OR CLIMATE | 1,626 | 346 | 1,280 | 0.1% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 812 | 299 | 513 | 0.7% | |
| DIVERSITY, EQUITY, AND INCLUSION | 944 | 312 | 632 | 2.0% | |
| OTHER SOCIAL ISSUES | 2,356 | 683 | 1,673 | 1.0% | |
| OTHER | 734 | 451 | 242 | 12.7% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 137,864 | 3.7% | 86.0% | 18.6% | |
| year to 30 June 2025 | 140,349 | 3.6% | 88.3% | 20.1% | |
| year to 30 June 2026 | 139,224 | 3.9% | 85.2% | 29.2% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Capital Group and American Funds voted against management on 131 of the 700 it marked either way (18.7%) in the year to 30 June 2026. 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.
- Netflix, Inc. 4 Jun 2026
- Thermo Fisher Scientific Inc. 20 May 2026
- Tesla, Inc. 6 Nov 2025
- Adobe Inc. 15 Apr 2026
- Comcast Corporation 10 Jun 2026
- PALANTIR TECHNOLOGIES INC. 3 Jun 2026
- THE BOEING COMPANY 17 Apr 2026
- Palo Alto Networks, Inc. 9 Dec 2025
- Target Corporation 10 Jun 2026
- Prologis, Inc. 28 Apr 2026
- PayPal Holdings, Inc. 19 May 2026
- T-Mobile US, Inc. 16 Jun 2026
- Welltower Inc. 21 May 2026
- Snowflake Inc. 29 Jun 2026
- Regeneron Pharmaceuticals, Inc. 12 Jun 2026
- Equinix, Inc. 13 May 2026
- Fiserv, Inc. 21 May 2026
- AppLovin Corporation 3 Jun 2026
- Aon Plc 26 Jun 2026
- Copart, Inc. 5 Dec 2025
- Datadog, Inc. 15 Jun 2026
- Robinhood Markets, Inc. 2 Jun 2026
- Cloudflare, Inc. 30 Jun 2026
- DoorDash, Inc. 10 Jun 2026
- IQVIA Holdings Inc. 23 Apr 2026
- Apollo Global Management, Inc. 8 Jun 2026
- Charter Communications, Inc. 21 Apr 2026
- Lennar Corporation 8 Apr 2026
- The Estee Lauder Companies Inc. 13 Nov 2025
- Live Nation Entertainment, Inc. 11 Jun 2026
- Roblox Corporation 28 May 2026
- Brown & Brown, Inc. 6 May 2026
- Carvana Co. 5 May 2026
- Bloom Energy Corporation 21 May 2026
- Rocket Lab Corporation 20 May 2026
- Rivian Automotive, Inc. 22 Jun 2026
- Tyson Foods, Inc. 5 Feb 2026
- CoStar Group, Inc. 23 Jun 2026
- Atlassian Corporation 2 Dec 2025
- MongoDB, Inc. 30 Jun 2026
Shareholder proposals it supported
Of 438 proposals from security holders that could be told apart in the filings and on which it cast a vote, Capital Group and American Funds voted for 141 (32.2%). 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 |
|---|---|---|
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting... |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| Visa Inc. | 27 Jan 2026 | Shareholder proposal on shareholder right to act by written consent. |
| Mastercard Incorporated | 16 Jun 2026 | Consideration of a stockholder proposal regarding shareholder right to act by written consent |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair. |
| AbbVie Inc. | 8 May 2026 | Stockholder Proposal - to Adopt a Policy to Require an Independent Chair |
| Netflix, Inc. | 4 Jun 2026 | Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent," |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Independent Board Chair |
| Berkshire Hathaway Inc. | 2 May 2026 | Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework... |
| PEPSICO, INC. | 6 May 2026 | Shareholder Proposal - Independent Board Chair. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to... |
| Tesla, Inc. | 6 Nov 2025 | Declassify the Board of Directors |
| Tesla, Inc. | 6 Nov 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| McDonald's Corporation | 20 May 2026 | Advisory Vote to Adopt Policy for an Independent Chair. |
| McDonald's Corporation | 20 May 2026 | Advisory Vote on Shareholders' Right to Act by Written Consent. |
| QUALCOMM Incorporated | 17 Mar 2026 | Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting." |
| International Business Machines Corporation | 28 Apr 2026 | Stockholder Proposal Requesting a Right to Act by Written Consent |
| CATERPILLAR INC. | 10 Jun 2026 | Shareholder Proposal - Shareholder Right to Act by Written Consent |
| Pfizer Inc. | 23 Apr 2026 | Adopt an Independent Chair Policy |
| AT&T INC. | 14 May 2026 | EEO-1 Report Disclosure Policy |
| AT&T INC. | 14 May 2026 | Shareholder Right to Act by Written Consent |
| Wells Fargo & Company | 28 Apr 2026 | Shareholder Proposal - Govern by Majority Vote. |
| ServiceNow, Inc. | 21 May 2026 | Shareholder proposal regarding shareholder right to act by written consent. |
| Texas Instruments Incorporated | 16 Apr 2026 | Stockholder proposal to permit stockholders to act by written consent. |
| Bristol-Myers Squibb Company | 5 May 2026 | Require Independent Board Chair |
| ConocoPhillips | 12 May 2026 | Stockholder Proposal - Independent Board Chairman. |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Special Shareholder Meeting Thresholds |
| Lowe's Companies, Inc. | 29 May 2026 | Shareholder Proposal requesting an independent board chairman. |
| HONEYWELL INTERNATIONAL INC. | 22 May 2026 | Shareowner Proposal - Shareholder Right to Act by Written Consent. |
| Comcast Corporation | 10 Jun 2026 | Adopt policy to have an independent chair |
| Gilead Sciences, Inc. | 30 Apr 2026 | To vote on a stockholder proposal requesting an independent Board Chair policy |
| PALANTIR TECHNOLOGIES INC. | 3 Jun 2026 | Stockholder proposal entitled "Political Spending Disclosure," |
| S&P Global Inc. | 20 May 2026 | Vote on a shareholder proposal to reduce the stock ownership threshold for calling a special shareholder... |
| Deere & Company | 25 Feb 2026 | Shareholder proposal on shareholder right to act by written consent |
| Starbucks Corporation | 25 Mar 2026 | Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority... |
| THE BOEING COMPANY | 17 Apr 2026 | Action by Written Consent. |
| LOCKHEED MARTIN CORPORATION | 12 May 2026 | Stockholder Proposal Requiring Independent Board Chairman |
| Micron Technology, Inc. | 15 Jan 2026 | Reduce Ownership Threshold for Shareholders to Call Special Meeting |
| Palo Alto Networks, Inc. | 9 Dec 2025 | To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding... |
Shares on loan
Capital Group and American Funds reported 9.55 billion shares on loan at record dates against 544.88 billion shares voted: 1.72% of the two together. Median family: 1.53%. 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.
Filers grouped under this family
Grouping is by registrant and manager name, from a hand-maintained table. See the methodology.
Questions
How did Capital Group and American Funds vote on executive pay?
In the year to 30 June 2026 Capital Group and American Funds reported 5,962 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 5,079 were for (85.2%), 883 against and 0 abstentions. Counting one item per company meeting, it voted against management on 131 of the 700 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 Capital Group and American Funds vote against management?
3.9% of the time in the year to 30 June 2026: 5,369 of the 136,559 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 Capital Group and American Funds support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 1,282 votes on proposals from security holders in the year to 30 June 2026 and voted for 2 of them (0.2%). Across every category it voted for 29.2% 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.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings of the filers listed above, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.