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Home / Families / Global X / year to 30 June 2025

Form N-PX · fund family · year to 30 June 20253 filers grouped

Global X

One season of the Global X record. The family page shows the latest season.

Vote records reported
114,238year to 30 June 2025
Against management
10.7%12,020 of 112,505 marked votes
Say-on-pay support
84.0%for, of for + against + abstain
Shareholder-proposal support
not reportedtoo few votes to show
87.6% for9.1% against3.3% other10.7% against management114,219 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

Global X reported 114,238 vote records for the year to 30 June 2025. It marked 10.7% of its votes as cast against management (12,020 of 112,505), 3.1 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 13.5%. 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 84.0% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.8%).

By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (39.7% of 1,601), OTHER SOCIAL ISSUES (37.2% of 1,035) and HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (35.4% of 393).

It reported 5.47 billion shares out on loan at record dates, 10.61% 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 2025This familyMedian familyAll filers pooled
Against-management share10.7%7.6%9.7%
Say-on-pay support rate84.0%88.8%84.3%
Shareholder-proposal support ratenot reported29.5%33.0%
Shares on loan, share of shares held10.61%0.85%2.20%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%77.1%50.4%

Of the 114,238 vote records in this filing, 7,226 carry something the form does not expect: a missing vote source or category, a record with no vote line, a meeting date that cannot be read, or a security identifier this site could not use. They are counted as filed. What is checked

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)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS70,47863,7914,0658.7%
SECTION 14A SAY-ON-PAY VOTES8,0826,4191,22515.8%
AUDIT-RELATED9,0388,6602673.9%
INVESTMENT COMPANY MATTERS30333.3%
SHAREHOLDER RIGHTS AND DEFENSES1,7321,45422139.7%
EXTRAORDINARY TRANSACTIONS743703372.6%
CAPITAL STRUCTURE5,7835,06063111.9%
COMPENSATION5,8104,6631,03916.5%
CORPORATE GOVERNANCE9,8508,4031,14113.8%
ENVIRONMENT OR CLIMATE79714964516.1%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE39313925435.4%
DIVERSITY, EQUITY, AND INCLUSION46412232429.6%
OTHER SOCIAL ISSUES1,04343759437.2%
OTHER321not reported

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 2024126,56712.5%81.9%not reported
year to 30 June 2025114,23810.7%84.0%not reported
year to 30 June 2026136,99310.7%84.1%48.4%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Global X voted against management on 421 of the 2,398 it marked either way (17.6%) in the year to 30 June 2025. The 40 companies with the most reporting filers are listed.

A further 8 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

No separable proposals from security holders were reported for this season.

Shares on loan

Global X reported 5.47 billion shares on loan at record dates against 46.15 billion shares voted: 10.61% 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 Global X vote on executive pay?

In the year to 30 June 2025 Global X reported 7,644 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 6,419 were for (84.0%), 1,225 against and 0 abstentions. Counting one item per company meeting, it voted against management on 421 of the 2,398 say-on-pay items it marked either way. A further 8 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Global X vote against management?

10.7% of the time in the year to 30 June 2025: 12,020 of the 112,505 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 Global X support shareholder proposals on climate?

It reported no votes on security-holder proposals in the category ENVIRONMENT OR CLIMATE for the year to 30 June 2025.

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 Global X 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 Global X, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.