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Invesco
One season of the Invesco record. The family page shows the latest season.
- Vote records reported
- 283,724year to 30 June 2025
- Against management
- 6.0%16,668 of 279,468 marked votes
- Say-on-pay support
- 81.1%for, of for + against + abstain
- Shareholder-proposal support
- 19.0%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2025, Invesco reported 283,724 vote records on Form N-PX. 16,668 of the 279,468 votes that were marked for or against management went against management: 6.0%, 1.6 percentage points below the median of the fund families tracked here (7.6%).
Weighted by the number of shares voted, the against-management share is 8.4%. 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 81.1% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.8%) and it voted for 19.0% 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 45), SHAREHOLDER RIGHTS AND DEFENSES (26.5% of 863) and SECTION 14A SAY-ON-PAY VOTES (18.4% of 31,128).
It reported 3.70 billion shares out on loan at record dates, 3.30% 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 | 6.0% | 7.6% | 9.7% |
| Say-on-pay support rate | 81.1% | 88.8% | 84.3% |
| Shareholder-proposal support rate | 19.0% | 29.5% | 33.0% |
| Shares on loan, share of shares held | 3.30% | 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% |
Of the 283,724 vote records in this filing, 17,335 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) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 172,979 | 165,528 | 4,298 | 3.9% | |
| SECTION 14A SAY-ON-PAY VOTES | 31,179 | 23,692 | 5,496 | 18.4% | |
| AUDIT-RELATED | 20,700 | 20,536 | 94 | 0.5% | |
| INVESTMENT COMPANY MATTERS | 45 | 15 | 15 | 66.7% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 953 | 882 | 47 | 26.5% | |
| EXTRAORDINARY TRANSACTIONS | 1,070 | 1,034 | 35 | 3.2% | |
| CAPITAL STRUCTURE | 11,928 | 11,256 | 634 | 6.4% | |
| COMPENSATION | 14,880 | 12,721 | 2,115 | 9.8% | |
| CORPORATE GOVERNANCE | 23,102 | 19,941 | 2,918 | 7.6% | |
| ENVIRONMENT OR CLIMATE | 3,830 | 367 | 3,457 | 1.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 1,168 | 326 | 842 | 3.7% | |
| DIVERSITY, EQUITY, AND INCLUSION | 2,426 | 311 | 2,101 | 1.4% | |
| OTHER SOCIAL ISSUES | 4,237 | 767 | 3,464 | 4.6% | |
| OTHER | 661 | 424 | 212 | 5.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 438,108 | 7.0% | 87.6% | 28.6% | |
| year to 30 June 2025 | 283,724 | 6.0% | 81.1% | 19.0% | |
| year to 30 June 2026 | 470,769 | 5.8% | 82.0% | 27.6% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Invesco voted against management on 731 of the 2,662 it marked either way (27.5%) in the year to 30 June 2025. The 40 companies with the most reporting filers are listed.
A further 2 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- Meta Platforms, Inc. 28 May 2025
- UnitedHealth Group Incorporated 2 Jun 2025
- Salesforce, Inc. 5 Jun 2025
- Thermo Fisher Scientific Inc. 21 May 2025
- Pfizer Inc. 24 Apr 2025
- GE Aerospace 6 May 2025
- NIKE, Inc. 10 Sep 2024
- The Goldman Sachs Group, Inc. 23 Apr 2025
- Deere & Company 26 Feb 2025
- BlackRock, Inc. 15 May 2025
- Palo Alto Networks, Inc. 10 Dec 2024
- The Sherwin-Williams Company 16 Apr 2025
- WARNER BROS. DISCOVERY, INC. 2 Jun 2025
- Chipotle Mexican Grill, Inc. 11 Jun 2025
- Arista Networks, Inc. 30 May 2025
- VIATRIS INC. 6 Dec 2024
- Truist Financial Corporation 29 Apr 2025
- L3Harris Technologies, Inc. 18 Apr 2025
- Edwards Lifesciences Corporation 8 May 2025
- Cadence Design Systems, Inc. 8 May 2025
- Simon Property Group, Inc. 14 May 2025
- Airbnb, Inc. 4 Jun 2025
- Rockwell Automation, Inc. 4 Feb 2025
- Electronic Arts Inc. 1 Aug 2024
- DEVON ENERGY CORPORATION 4 Jun 2025
- Vertiv Holdings Co. 18 Jun 2025
- The Estee Lauder Companies Inc. 8 Nov 2024
- Workday, Inc. 4 Jun 2025
- AutoZone, Inc. 18 Dec 2024
- Broadridge Financial Solutions, Inc. 14 Nov 2024
- Monster Beverage Corporation 12 Jun 2025
- Axon Enterprise, Inc. 29 May 2025
- CoStar Group, Inc. 26 Jun 2025
- Conagra Brands, Inc. 18 Sep 2024
- Darden Restaurants, Inc. 18 Sep 2024
- Kellanova 1 Nov 2024
- Hubbell Incorporated 6 May 2025
- Mettler-Toledo International Inc. 1 May 2025
- Pentair plc 6 May 2025
- Live Nation Entertainment, Inc. 12 Jun 2025
Shareholder proposals it supported
Of 899 proposals from security holders that could be told apart in the filings and on which it cast a vote, Invesco voted for 228 (25.4%). 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 |
|---|---|---|
| Microsoft Corporation | 10 Dec 2024 | Report on Data Operations in Human Rights Hotspots |
| Microsoft Corporation | 10 Dec 2024 | Report on AI Data Sourcing Accountability |
| Amazon.com, Inc. | 21 May 2025 | Shareholder proposal requesting a report on packaging materials |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding disclosure of voting results based on class of shares. |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding report on hate targeting marginalized communities. |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding report on Al data usage oversight. |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding report on data collection and advertising practices. |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding dual class capital structure. |
| AbbVie Inc. | 9 May 2025 | Stockholder Proposal - to Implement Simple Majority Vote |
| Adobe Inc. | 22 Apr 2025 | Stockholder Proposal Regarding Vote on Golden Parachutes. |
| Texas Instruments Incorporated | 17 Apr 2025 | Stockholder proposal to permit a combined 10% of stockholders to call a special meeting. |
| HONEYWELL INTERNATIONAL INC. | 20 May 2025 | Shareowner Proposal - Independent Board Chairman. |
| The Charles Schwab Corporation | 22 May 2025 | Stockholder proposal requesting declassification of the board of directors |
| Deere & Company | 26 Feb 2025 | Shareholder proposal on a civil rights audit |
| DUKE ENERGY CORPORATION | 1 May 2025 | Shareholder proposal regarding support simple majority vote |
| LOCKHEED MARTIN CORPORATION | 9 May 2025 | Stockholder Proposal Requesting Shareholder Approval Requirement for Excessive Golden Parachutes |
| United Parcel Service, Inc. | 8 May 2025 | To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share. |
| THE SOUTHERN COMPANY | 21 May 2025 | Stockholder proposal regarding simple majority vote |
| Boston Scientific Corporation | 1 May 2025 | Stockholder proposal titled "Support Simple Majority Vote." |
| Vertex Pharmaceuticals Incorporated | 14 May 2025 | Shareholder proposal, if properly presented at the meeting, regarding excessive golden parachutes. |
| Prologis, Inc. | 8 May 2025 | Vote on a stockholder proposal titled "Support a Reasonable Shareholder Ability to Call for a Special... |
| Autodesk, Inc. | 16 Jul 2024 | To consider and vote upon a stockholder proposal, if properly presented at the Annual Meeting, to enable... |
| Air Products and Chemicals, Inc. | 23 Jan 2025 | The Mantle Ridge Parties' proposal to repeal any provision of, or amendment to, the Bylaws that the Board... |
| McKesson Corporation | 31 Jul 2024 | Shareholder Proposal on Independent Board Chairman |
| Capital One Financial Corporation | 8 May 2025 | Stockholder proposal to require a shareholder vote on golden parachute arrangements. |
| Marathon Petroleum Corporation | 30 Apr 2025 | Shareholder proposal to support a simple majority vote. |
| Synopsys, Inc. | 10 Apr 2025 | To vote on a stockholder proposal regarding shareholder ratification of golden parachutes |
| Prudential Financial, Inc. | 13 May 2025 | Shareholder proposal regarding an Independent Board Chairman. |
| The Kraft Heinz Company | 8 May 2025 | Stockholder Proposal - Adopt policy on independent board chair |
| Delta Air Lines, Inc. | 19 Jun 2025 | A shareholder proposal requesting the ability for shareholders to act by written consent. |
| Fortinet, Inc. | 13 Jun 2025 | Corporate governance |
| Agilent Technologies, Inc. | 13 Mar 2025 | Declassify the Board of Directors |
| WEC Energy Group, Inc. | 8 May 2025 | Stockholder proposal to support simple majority vote |
| IDEXX Laboratories, Inc. | 7 May 2025 | Declassify the Board of Directors |
| HCA Healthcare, Inc. | 24 Apr 2025 | Stockholder proposal, if properly presented at the meeting, regarding lavish golden parachutes. |
| Dover Corporation | 2 May 2025 | To consider a shareholder proposal requesting an independent board chair. |
| Verisk Analytics, Inc. | 20 May 2025 | Shareholder Proposal - Support Shareholder Ability to call for a Shareholder Meeting. |
| AutoZone, Inc. | 18 Dec 2024 | Shareholder Proposal regarding Special Shareholder Meeting improvement |
| T. Rowe Price Group, Inc. | 8 May 2025 | Consider a stockholder proposal for a shareholder approval requirement for excessive golden parachutes. |
| IQVIA Holdings Inc. | 24 Apr 2025 | If properly presented, a stockholder proposal concerning special stockholder meetings. |
Shares on loan
Invesco reported 3.70 billion shares on loan at record dates against 108.54 billion shares voted: 3.30% 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 Invesco vote on executive pay?
In the year to 30 June 2025 Invesco reported 29,212 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 23,692 were for (81.1%), 5,496 against and 24 abstentions. Counting one item per company meeting, it voted against management on 731 of the 2,662 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 Invesco vote against management?
6.0% of the time in the year to 30 June 2025: 16,668 of the 279,468 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 Invesco support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 3,497 votes on proposals from security holders in the year to 30 June 2025 and voted for 34 of them (1.0%). Across every category it voted for 19.0% 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 Invesco 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 Invesco, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.