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Form N-PX · fund family11 filers grouped

Macquarie and Delaware Funds

Fund registrants and adviser entities grouped under Macquarie and Delaware Funds by this site's alias table

Vote records reported
36,316year to 30 June 2026
Against management
9.0%3,230 of 36,032 marked votes
Say-on-pay support
90.9%for, of for + against + abstain
Shareholder-proposal support
37.9%for, of for + against + abstain
89.1% for8.0% against2.9% other9.0% against management36,233 votes

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

For the year to 30 June 2026, Macquarie and Delaware Funds reported 36,316 vote records on Form N-PX. 3,230 of the 36,032 votes that were marked for or against management went against management: 9.0%, 1.2 percentage points above the median of the fund families tracked here (7.8%).

Weighted by the number of shares voted, the against-management share is 12.1%. 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: 88.2%) and it voted for 37.9% 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 HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (32.5% of 157), SHAREHOLDER RIGHTS AND DEFENSES (29.7% of 145) and ENVIRONMENT OR CLIMATE (20.9% of 426).

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 2026This familyMedian familyAll filers pooled
Against-management share9.0%7.8%10.6%
Say-on-pay support rate90.9%88.2%86.0%
Shareholder-proposal support rate37.9%30.7%33.9%
Shares on loan, share of shares held0.00%1.53%3.12%
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%

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 ELECTIONS22,07920,2361,0398.0%
SECTION 14A SAY-ON-PAY VOTES3,0702,6172418.7%
AUDIT-RELATED2,8042,768261.1%
INVESTMENT COMPANY MATTERS3300.0%
SHAREHOLDER RIGHTS AND DEFENSES1501093629.7%
EXTRAORDINARY TRANSACTIONS2141833114.5%
CAPITAL STRUCTURE2,0131,80820512.1%
COMPENSATION2,0461,71331615.9%
CORPORATE GOVERNANCE3,5583,10043911.9%
ENVIRONMENT OR CLIMATE42613129520.9%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE157787932.5%
DIVERSITY, EQUITY, AND INCLUSION210271830.0%
OTHER SOCIAL ISSUES64515648911.5%
OTHER837675.3%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202461,61410.4%89.7%41.5%
year to 30 June 202542,5768.6%90.4%36.2%
year to 30 June 202636,3169.0%90.9%37.9%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Macquarie and Delaware Funds voted against management on 96 of the 1,046 it marked either way (9.2%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

A further 3 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 271 proposals from security holders that could be told apart in the filings and on which it cast a vote, Macquarie and Delaware Funds voted for 113 (41.7%). 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.

CompanyMeetingProposal
Microsoft Corporation5 Dec 2025Report on Human Rights Due Diligence
Microsoft Corporation5 Dec 2025Report on Data Operations in Human Rights Hotspots
Amazon.com, Inc.20 May 2026Shareholder proposal requesting additional reporting on impact of data centers on climate commitments
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting reporting on greenhouse gas emissions from the...
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting...
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on AI data usage oversight
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
Alphabet Inc.5 Jun 2026Shareholder proposal regarding an enhanced disclosure on climate goals
Visa Inc.27 Jan 2026Shareholder proposal on shareholder right to act by written consent.
Mastercard Incorporated16 Jun 2026Consideration of a stockholder proposal regarding shareholder right to act by written consent
Eli Lilly and Company4 May 2026Shareholder proposal to prepare an annual lobbying report.
Eli Lilly and Company4 May 2026Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair.
AbbVie Inc.8 May 2026Stockholder Proposal - to Adopt a Policy to Require an Independent Chair
Netflix, Inc.4 Jun 2026Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent,"
Merck & Co., Inc.26 May 2026Shareholder proposal regarding a report on political contributions.
Verizon Communications Inc.21 May 2026Board oversight of material issues related to climate change
QUALCOMM Incorporated17 Mar 2026Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting."
AT&T INC.14 May 2026Shareholder Right to Act by Written Consent
Wells Fargo & Company28 Apr 2026Shareholder Proposal - Report on High-Carbon Financing Litigation Risks.
Wells Fargo & Company28 Apr 2026Require Independent Board Chair
Wells Fargo & Company28 Apr 2026Shareholder Proposal - Govern by Majority Vote.
ServiceNow, Inc.21 May 2026Shareholder proposal regarding shareholder right to act by written consent.
Texas Instruments Incorporated16 Apr 2026Stockholder proposal to permit stockholders to act by written consent.
ConocoPhillips12 May 2026Stockholder Proposal - Independent Board Chairman.
Morgan Stanley14 May 2026Shareholder proposal requesting an independent Board Chairman
Comcast Corporation10 Jun 2026Adopt policy to have an independent chair
LOCKHEED MARTIN CORPORATION12 May 2026Stockholder Proposal Requiring Independent Board Chairman
CVS Health Corporation14 May 2026Stockholder Proposal for Reducing the Threshold for Our Stockholder Right to Act By Written Consent.
Booking Holdings Inc.2 Jun 2026Non-binding stockholder vote on a proposal to avoid brand damage due to corporate political spending.
EXXON MOBIL CORPORATION27 May 2026Require Independent Board Chair
Boston Scientific Corporation30 Apr 2026Stockholder proposal titled "Give Shareholders the Ability to Call for a Special Shareholder Meeting."
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding annual vote regarding executive pay.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding disclosure of voting results by share class.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding dual class capital structure.
United Parcel Service, Inc.7 May 2026To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.
United Parcel Service, Inc.7 May 2026To require UPS to provide an additional report describing the alignment of its operations and investments...
Zoetis Inc.20 May 2026Shareholder proposal to permit shareholder action by written consent.
The Cigna Group22 Apr 2026Shareholder Proposal - Shareholder Right to Act by Written Consent
Vertex Pharmaceuticals Incorporated13 May 2026Shareholder proposal, if properly presented at the meeting, regarding shareholder right to act by written...
The Sherwin-Williams Company22 Apr 2026Shareholder Proposal Regarding Shareholder Ability to Call a Special Meeting

Shares on loan

Macquarie and Delaware Funds reported no shares on loan for the year to 30 June 2026. 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.

FilerTypeVote records, year to 30 June 2026
IVY FUNDSfund registrant9,855
Ivy Variable Insurance Portfoliosfund registrant8,695
DELAWARE VIP TRUSTfund registrant6,131
DELAWARE GROUP EQUITY FUNDS Vfund registrant4,308
DELAWARE GROUP EQUITY FUNDS IVfund registrant2,882
DELAWARE POOLED TRUSTfund registrant2,076
DELAWARE GROUP GLOBAL & INTERNATIONAL FUNDSfund registrant1,110
Macquarie Investment Management Global Ltdinstitutional manager730
DELAWARE GROUP EQUITY FUNDS IIfund registrant509
DELAWARE GROUP ADVISER FUNDSfund registrant10
DELAWARE GROUP GOVERNMENT FUNDfund registrant10
DELAWARE GROUP CASH RESERVEfund registrant0
DELAWARE GROUP INCOME FUNDSfund registrant0
Macquarie ETF Trustfund registrant0
MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUSTinstitutional manager0
MACQUARIE/FIRST TRUST GLOBAL INFRASTR/UTIL DIV & INC FUNDfund registrant0
VOYAGEUR MUTUAL FUNDSfund registrant0
VOYAGEUR MUTUAL FUNDS IIIfund registrant0

Questions

How did Macquarie and Delaware Funds vote on executive pay?

In the year to 30 June 2026 Macquarie and Delaware Funds reported 2,878 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 2,617 were for (90.9%), 241 against and 20 abstentions. Counting one item per company meeting, it voted against management on 96 of the 1,046 say-on-pay items it marked either way. A further 3 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Macquarie and Delaware Funds vote against management?

9.0% of the time in the year to 30 June 2026: 3,230 of the 36,032 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 Macquarie and Delaware Funds support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 384 votes on proposals from security holders in the year to 30 June 2026 and voted for 89 of them (23.2%). Across every category it voted for 37.9% 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.

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.