Home / Families / Cohen & Steers / year to 30 June 2025
Cohen & Steers
One season of the Cohen & Steers record. The family page shows the latest season.
- Vote records reported
- 11,777year to 30 June 2025
- Against management
- 10.6%1,270 of 11,972 marked votes
- Say-on-pay support
- 90.9%for, of for + against + abstain
- Shareholder-proposal support
- 23.8%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Cohen & Steers reported 11,777 vote records for the year to 30 June 2025. It marked 10.6% of its votes as cast against management (1,270 of 11,972), 3.0 percentage points above the median of the fund families tracked here, which was 7.6%.
Weighted by the number of shares voted, the against-management share is 6.5%. 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 90.9% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.8%) and it voted for 23.8% of the proposals put forward by security holders (the median of the fund families tracked here: 29.5%).
By category, votes against management were most frequent in INVESTMENT COMPANY MATTERS (66.7% of 75), DIVERSITY, EQUITY, AND INCLUSION (29.4% of 34) and EXTRAORDINARY TRANSACTIONS (21.2% of 66).
It reported 73.4 million shares out on loan at record dates, 0.48% 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 2025 | This family | Median family | All filers pooled |
|---|---|---|---|
| Against-management share | 10.6% | 7.6% | 9.7% |
| Say-on-pay support rate | 90.9% | 88.8% | 84.3% |
| Shareholder-proposal support rate | 23.8% | 29.5% | 33.0% |
| Shares on loan, share of shares held | 0.48% | 0.85% | 2.20% |
| 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 | 7,408 | 6,377 | 528 | 12.8% | |
| SECTION 14A SAY-ON-PAY VOTES | 687 | 577 | 46 | 11.2% | |
| AUDIT-RELATED | 869 | 816 | 32 | 5.2% | |
| INVESTMENT COMPANY MATTERS | 78 | 26 | 26 | 66.7% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 71 | 61 | 5 | 3.2% | |
| EXTRAORDINARY TRANSACTIONS | 75 | 55 | 12 | 21.2% | |
| CAPITAL STRUCTURE | 895 | 873 | 22 | 2.1% | |
| COMPENSATION | 899 | 814 | 83 | 9.1% | |
| CORPORATE GOVERNANCE | 1,308 | 1,151 | 143 | 5.7% | |
| ENVIRONMENT OR CLIMATE | 107 | 34 | 67 | 11.2% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 31 | 17 | 12 | 12.9% | |
| DIVERSITY, EQUITY, AND INCLUSION | 34 | 20 | 9 | 29.4% | |
| OTHER SOCIAL ISSUES | 87 | 42 | 41 | 9.2% | |
| OTHER | 22 | 15 | 3 | 25.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 14,083 | 9.1% | 94.3% | 21.4% | |
| year to 30 June 2025 | 11,777 | 10.6% | 90.9% | 23.8% | |
| year to 30 June 2026 | 12,906 | 9.4% | 88.1% | 47.5% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Cohen & Steers voted against management on 12 of the 166 it marked either way (7.2%) in the year to 30 June 2025.
A further 2 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- Oracle Corporation 14 Nov 2024
- Valero Energy Corporation 6 May 2025
- Simon Property Group, Inc. 14 May 2025
- Eversource Energy 1 May 2025
- Essential Utilities, Inc. 7 May 2025
- Caesars Entertainment, Inc. 10 Jun 2025
- Rexford Industrial Realty, Inc. 3 Jun 2025
- Medical Properties Trust, Inc. 29 May 2025
- Lineage, Inc. 18 Jun 2025
- Century Aluminum Company 16 Jun 2025
- Paramount Group, Inc. 15 May 2025
- Stem, Inc. 4 Jun 2025
Shareholder proposals it supported
Of 69 proposals from security holders that could be told apart in the filings and on which it cast a vote, Cohen & Steers voted for 16 (23.2%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| DUKE ENERGY CORPORATION | 1 May 2025 | Shareholder proposal regarding support simple majority vote |
| THE SOUTHERN COMPANY | 21 May 2025 | Stockholder proposal regarding simple majority vote |
| WEC Energy Group, Inc. | 8 May 2025 | Stockholder proposal to support simple majority vote |
| Eversource Energy | 1 May 2025 | Require Independent Board Chair |
| First Solar, Inc. | 14 May 2025 | Stockholder proposal to adopt a special shareholder meeting improvement |
| Steel Dynamics, Inc. | 25 Apr 2025 | Shareholder proposal - special shareholder meeting improvement |
| CF Industries Holdings, Inc. | 6 May 2025 | Shareholder proposal regarding shareholder approval requirement for excessive golden parachutes |
| Tyson Foods, Inc. | 6 Feb 2025 | Shareholder proposal regarding the disaggregation of shareholder voting results. |
| Enel SpA | 22 May 2025 | Shareholder proposal: AUDIT-RELATED |
| Enel SpA | 22 May 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| Galp Energia SGPS SA | 9 May 2025 | Appraise Management and Supervision of Company and Approve Vote of Confidence to Corporate Bodies |
| Petroleo Brasileiro SA | 16 Apr 2025 | Shareholder proposal: AUDIT-RELATED |
| The Kansai Electric Power Co., Inc. | 26 Jun 2025 | Amend Articles to Require Individual Compensation Disclosure for Executive Officers |
| Italgas SpA | 13 May 2025 | Shareholder proposal: AUDIT-RELATED |
| Italgas SpA | 13 May 2025 | Shareholder proposal: AUDIT-RELATED |
| SES SA | 3 Apr 2025 | Further Non-Binding Resolution on Capital Return to Shareholders |
Shares on loan
Cohen & Steers reported 73.4 million shares on loan at record dates against 15.29 billion shares voted: 0.48% of the two together. Median family: 0.85%. 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 Cohen & Steers vote on executive pay?
In the year to 30 June 2025 Cohen & Steers reported 635 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 577 were for (90.9%), 46 against and 12 abstentions. Counting one item per company meeting, it voted against management on 12 of the 166 say-on-pay items it marked either way. A further 2 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does Cohen & Steers vote against management?
10.6% of the time in the year to 30 June 2025: 1,270 of the 11,972 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 Cohen & Steers support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 79 votes on proposals from security holders in the year to 30 June 2025 and voted for 6 of them (7.6%). Across every category it voted for 23.8% 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 Cohen & Steers family page · All filers in the year to 30 June 2025
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings of the filers grouped under Cohen & Steers, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.