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Jackson National funds
One season of the Jackson National funds record. The family page shows the latest season.
- Vote records reported
- 311,404year to 30 June 2024
- Against management
- 9.6%26,959 of 281,050 marked votes
- Say-on-pay support
- 81.1%for, of for + against + abstain
- Shareholder-proposal support
- 17.9%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Jackson National funds reported 311,404 vote records for the year to 30 June 2024. It marked 9.6% of its votes as cast against management (26,959 of 281,050), 1.0 percentage points above the median of the fund families tracked here, which was 8.5%.
Weighted by the number of shares voted, the against-management share is 8.7%. 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: 89.0%) and it voted for 17.9% 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 (50.4% of 1,332), SECTION 14A SAY-ON-PAY VOTES (20.2% of 19,695) and CORPORATE GOVERNANCE (14.8% of 25,767).
It reported 1.07 billion shares out on loan at record dates, 2.26% 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 | 9.6% | 8.5% | 10.2% |
| Say-on-pay support rate | 81.1% | 89.0% | 84.6% |
| Shareholder-proposal support rate | 17.9% | 35.1% | 37.0% |
| Shares on loan, share of shares held | 2.26% | 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% |
Of the 311,404 vote records in this filing, 29,638 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 | 160,200 | 146,568 | 6,574 | 8.3% | |
| SECTION 14A SAY-ON-PAY VOTES | 19,729 | 14,198 | 3,301 | 20.2% | |
| AUDIT-RELATED | 22,611 | 22,267 | 266 | 1.4% | |
| INVESTMENT COMPANY MATTERS | 4 | 4 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 1,514 | 1,163 | 226 | 50.4% | |
| EXTRAORDINARY TRANSACTIONS | 3,901 | 3,418 | 477 | 12.2% | |
| CAPITAL STRUCTURE | 20,659 | 18,900 | 1,722 | 8.5% | |
| COMPENSATION | 12,998 | 10,529 | 2,430 | 14.0% | |
| CORPORATE GOVERNANCE | 26,001 | 21,876 | 3,851 | 14.8% | |
| ENVIRONMENT OR CLIMATE | 2,039 | 172 | 1,859 | 6.1% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 1,287 | 109 | 1,178 | 8.2% | |
| DIVERSITY, EQUITY, AND INCLUSION | 512 | 38 | 474 | 7.4% | |
| OTHER SOCIAL ISSUES | 4,027 | 840 | 3,182 | 5.0% | |
| OTHER | 11,592 | 10,184 | 798 | 10.3% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 311,404 | 9.6% | 81.1% | 17.9% | |
| year to 30 June 2025 | 305,742 | 8.9% | 81.5% | 15.5% | |
| year to 30 June 2026 | 289,200 | 9.0% | 84.7% | 15.3% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Jackson National funds voted against management on 703 of the 3,406 it marked either way (20.6%) in the year to 30 June 2024. The 40 companies with the most reporting filers are listed.
A further 80 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- Cisco Systems, Inc. 6 Dec 2023
- EXXON MOBIL CORPORATION 29 May 2024
- Salesforce, Inc. 27 Jun 2024
- Broadcom Inc. 22 Apr 2024
- The Walt Disney Company 3 Apr 2024
- Oracle Corporation 15 Nov 2023
- Texas Instruments Incorporated 25 Apr 2024
- Starbucks Corporation 13 Mar 2024
- Philip Morris International Inc. 8 May 2024
- PayPal Holdings, Inc. 22 May 2024
- 3M Company 14 May 2024
- THE BOEING COMPANY 17 May 2024
- Vertex Pharmaceuticals Incorporated 15 May 2024
- Palo Alto Networks, Inc. 12 Dec 2023
- Air Products and Chemicals, Inc. 25 Jan 2024
- U.S. Bancorp 16 Apr 2024
- WARNER BROS. DISCOVERY, INC. 3 Jun 2024
- FORD MOTOR COMPANY 9 May 2024
- Micron Technology, Inc. 18 Jan 2024
- Ecolab Inc. 2 May 2024
- General Motors Company 4 Jun 2024
- Equinix, Inc. 23 May 2024
- Norfolk Southern Corporation 9 May 2024
- Pioneer Natural Resources Company 7 Feb 2024
- Zimmer Biomet Holdings, Inc. 10 May 2024
- The Estee Lauder Companies Inc. 17 Nov 2023
- The Williams Companies, Inc. 30 Apr 2024
- DexCom, Inc. 22 May 2024
- American International Group, Inc. 15 May 2024
- DEVON ENERGY CORPORATION 5 Jun 2024
- Occidental Petroleum Corporation 2 May 2024
- Walgreens Boots Alliance, Inc. 25 Jan 2024
- eBay Inc. 20 Jun 2024
- Cognizant Technology Solutions Corporation 4 Jun 2024
- Xcel Energy Inc. 22 May 2024
- Workday, Inc. 18 Jun 2024
- T. Rowe Price Group, Inc. 7 May 2024
- Hewlett Packard Enterprise Company 10 Apr 2024
- Genuine Parts Company 29 Apr 2024
- Cardinal Health, Inc. 15 Nov 2023
Shareholder proposals it supported
Of 766 proposals from security holders that could be told apart in the filings and on which it cast a vote, Jackson National funds voted for 140 (18.3%). 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 | 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 |
| Bank of America Corporation | 24 Apr 2024 | Shareholder proposal requesting independent board chair |
| Walmart Inc. | 5 Jun 2024 | Workplace Safety & Violence Review |
| Pfizer Inc. | 25 Apr 2024 | Adopt an Independent Board Chair Policy |
| 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 Independent Board Chairman |
| Tesla, Inc. | 13 Jun 2024 | A stockholder proposal regarding simple majority voting provisions in our governing documents |
| Tesla, Inc. | 13 Jun 2024 | Declassify the Board of Directors |
| Bristol-Myers Squibb Company | 7 May 2024 | Require Independent Board Chair |
| Advanced Micro Devices, Inc. | 8 May 2024 | Stockholder proposal regarding special meeting right. |
| AT&T INC. | 16 May 2024 | Independent Board Chairman |
| 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 |
| Target Corporation | 12 Jun 2024 | Shareholder proposal to adopt a policy for an independent board chair. |
| CATERPILLAR INC. | 12 Jun 2024 | Shareholder Proposal - Independent Board Chairman |
| 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... |
| Mondelez International, Inc. | 22 May 2024 | S/h proposal - establish independent chairman |
| HONEYWELL INTERNATIONAL INC. | 14 May 2024 | Shareowner Proposal - Independent Board Chairman. |
| 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. |
| ServiceNow, Inc. | 23 May 2024 | Shareholder proposal regarding simple majority vote. |
| LOCKHEED MARTIN CORPORATION | 2 May 2024 | Stockholder Proposal Requesting Reduction in Threshold to Call Special Stockholder Meetings |
| Prologis, Inc. | 9 May 2024 | Vote on a stockholder proposal titled "Simple Majority Vote." |
| THE BOEING COMPANY | 17 May 2024 | Adoption of Value Chain Emission Reduction Target. |
| Emerson Electric Co. | 6 Feb 2024 | Shareholder Proposal to Implement a Simple Majority Vote Requirement in the Company's Governing Documents. |
| Vertex Pharmaceuticals Incorporated | 15 May 2024 | Shareholder proposal, if properly presented at the meeting, regarding special shareholder meeting improvement. |
| Analog Devices, Inc. | 13 Mar 2024 | Shareholder proposal regarding simple majority voting |
| WARNER BROS. DISCOVERY, INC. | 3 Jun 2024 | To vote on a stockholder proposal entitled, "Adopt a Shareholder Right to Call a Special Shareholder Meeting" |
| THE SOUTHERN COMPANY | 22 May 2024 | Stockholder proposal regarding simple majority vote |
| DOW INC. | 11 Apr 2024 | Stockholder Proposal - Shareholder Right to Act by Written Consent |
| The Sherwin-Williams Company | 17 Apr 2024 | Shareholder proposal to adopt a simple majority vote. |
| Intercontinental Exchange, Inc. | 17 May 2024 | A stockholder proposal regarding independent board chairman |
| FORD MOTOR COMPANY | 9 May 2024 | Relating to Consideration of a Recapitalization Plan to Provide That All of the Company's Outstanding... |
| Marathon Petroleum Corporation | 24 Apr 2024 | Shareholder proposal seeking a simple majority vote. |
| Ecolab Inc. | 2 May 2024 | Vote on a stockholder proposal regarding an independent board chair policy |
| Norfolk Southern Corporation | 9 May 2024 | A Shareholder proposal regarding an annual report on lobbying activities, policies and communications. |
| O'Reilly Automotive, Inc. | 16 May 2024 | Shareholder proposal entitled "Independent Board Chairman." |
Shares on loan
Jackson National funds reported 1.07 billion shares on loan at record dates against 46.13 billion shares voted: 2.26% 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 Jackson National funds vote on executive pay?
In the year to 30 June 2024 Jackson National funds reported 17,508 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 14,198 were for (81.1%), 3,301 against and 9 abstentions. Counting one item per company meeting, it voted against management on 703 of the 3,406 say-on-pay items it marked either way. A further 80 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does Jackson National funds vote against management?
9.6% of the time in the year to 30 June 2024: 26,959 of the 281,050 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 Jackson National funds support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 1,935 votes on proposals from security holders in the year to 30 June 2024 and voted for 96 of them (5.0%). Across every category it voted for 17.9% 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 Jackson National 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 Jackson National funds, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.