Home / Families / MassMutual
MassMutual
Fund registrants and adviser entities grouped under MassMutual by this site's alias table
- Vote records reported
- 60,498year to 30 June 2026
- Against management
- 4.8%2,902 of 60,325 marked votes
- Say-on-pay support
- 92.2%for, of for + against + abstain
- Shareholder-proposal support
- 24.1%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
In its Form N-PX for the year to 30 June 2026, MassMutual listed 60,498 vote records. Votes against management made up 4.8% of those marked either way (2,902 of 60,325); the median of the fund families tracked here stood at 7.8%.
Weighted by the number of shares voted, the against-management share is 4.8%. 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 92.2% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.2%) and it voted for 24.1% 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 SHAREHOLDER RIGHTS AND DEFENSES (33.0% of 288), CORPORATE GOVERNANCE (13.2% of 4,075) and COMPENSATION (9.8% of 2,653).
It reported 169.4 million shares out on loan at record dates, 5.75% 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 2026 | This family | Median family | All filers pooled |
|---|---|---|---|
| Against-management share | 4.8% | 7.8% | 10.6% |
| Say-on-pay support rate | 92.2% | 88.2% | 86.0% |
| Shareholder-proposal support rate | 24.1% | 30.7% | 33.9% |
| Shares on loan, share of shares held | 5.75% | 1.53% | 3.12% |
| 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 | 38,007 | 36,666 | 720 | 3.4% | |
| SECTION 14A SAY-ON-PAY VOTES | 7,645 | 6,647 | 565 | 7.8% | |
| AUDIT-RELATED | 4,514 | 4,495 | 14 | 0.3% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 289 | 226 | 57 | 33.0% | |
| EXTRAORDINARY TRANSACTIONS | 305 | 289 | 16 | 3.6% | |
| CAPITAL STRUCTURE | 2,185 | 2,138 | 45 | 3.7% | |
| COMPENSATION | 2,689 | 2,382 | 295 | 9.8% | |
| CORPORATE GOVERNANCE | 4,169 | 3,225 | 924 | 13.2% | |
| ENVIRONMENT OR CLIMATE | 614 | 77 | 537 | 3.9% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 269 | 55 | 214 | 4.1% | |
| DIVERSITY, EQUITY, AND INCLUSION | 333 | 49 | 284 | 1.5% | |
| OTHER SOCIAL ISSUES | 858 | 140 | 718 | 5.0% | |
| OTHER | 56 | 45 | 11 | 2.5% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 120,207 | 5.5% | 92.4% | 26.0% | |
| year to 30 June 2025 | 99,926 | 5.9% | 90.3% | 31.5% | |
| year to 30 June 2026 | 60,498 | 4.8% | 92.2% | 24.1% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, MassMutual voted against management on 162 of the 2,338 it marked either way (6.9%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.
A further 22 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- Wells Fargo & Company 28 Apr 2026
- Citigroup Inc. 20 May 2026
- Comcast Corporation 10 Jun 2026
- Arista Networks, Inc. 29 May 2026
- WARNER BROS. DISCOVERY, INC. 23 Apr 2026
- WARNER BROS. DISCOVERY, INC. 9 Jun 2026
- FedEx Corporation 29 Sep 2025
- The Bank of New York Mellon Corporation 14 Apr 2026
- Dell Technologies Inc. 25 Jun 2026
- Welltower Inc. 21 May 2026
- Marvell Technology, Inc. 25 Jun 2026
- Snowflake Inc. 2 Jul 2025
- Snowflake Inc. 29 Jun 2026
- Aon Plc 26 Jun 2026
- NRG Energy, Inc. 30 Apr 2026
- Cloudflare, Inc. 30 Jun 2026
- Hubbell Incorporated 5 May 2026
- The Trade Desk, Inc. 4 May 2026
- Lennar Corporation 8 Apr 2026
- The Estee Lauder Companies Inc. 13 Nov 2025
- Roblox Corporation 28 May 2026
- Rocket Lab Corporation 27 Aug 2025
- Tyson Foods, Inc. 5 Feb 2026
- Hologic, Inc. 5 Feb 2026
- Skyworks Solutions, Inc. 13 May 2026
- Las Vegas Sands Corp. 14 May 2026
- Incyte Corporation 8 Jun 2026
- Corpay, Inc. 7 May 2026
- Lincoln National Corporation 28 May 2026
- The Carlyle Group Inc. 3 Jun 2026
- Match Group, Inc. 16 Jun 2026
- Guardant Health, Inc. 17 Jun 2026
- Talen Energy Corporation 5 May 2026
- Molina Healthcare, Inc. 6 May 2026
- CubeSmart 19 May 2026
- Chewy, Inc. 10 Jul 2025
- Allison Transmission Holdings, Inc. 6 May 2026
- BridgeBio Pharma, Inc. 22 Jun 2026
- SPX Technologies, Inc. 12 May 2026
- Wingstop Inc. 21 May 2026
Shareholder proposals it supported
Of 442 proposals from security holders that could be told apart in the filings and on which it cast a vote, MassMutual voted for 128 (29.0%). 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 | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting... |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| JPMorgan Chase & Co. | 19 May 2026 | Independent board chairman |
| Johnson & Johnson | 23 Apr 2026 | Independent Board Chair |
| Netflix, Inc. | 4 Jun 2026 | Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent," |
| Bank of America Corporation | 4 May 2026 | Shareholder proposal requesting independent board chair |
| PEPSICO, INC. | 6 May 2026 | Shareholder Proposal - Independent Board Chair. |
| Tesla, Inc. | 6 Nov 2025 | Declassify the Board of Directors |
| QUALCOMM Incorporated | 17 Mar 2026 | Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting." |
| AT&T INC. | 14 May 2026 | EEO-1 Report Disclosure Policy |
| Wells Fargo & Company | 28 Apr 2026 | Require Independent Board Chair |
| Wells Fargo & Company | 28 Apr 2026 | Shareholder Proposal - Govern by Majority Vote. |
| Amgen Inc. | 19 May 2026 | Stockholder proposal to require an independent board chairman. |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Lobbying Disclosure |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Special Shareholder Meeting Thresholds |
| Morgan Stanley | 14 May 2026 | Shareholder proposal requesting an independent Board Chairman |
| Lowe's Companies, Inc. | 29 May 2026 | Shareholder Proposal requesting an independent board chairman. |
| Gilead Sciences, Inc. | 30 Apr 2026 | To vote on a stockholder proposal requesting an independent Board Chair policy |
| S&P Global Inc. | 20 May 2026 | Vote on a shareholder proposal to reduce the stock ownership threshold for calling a special shareholder... |
| Deere & Company | 25 Feb 2026 | Shareholder proposal on shareholder right to act by written consent |
| Starbucks Corporation | 25 Mar 2026 | Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority... |
| Starbucks Corporation | 25 Mar 2026 | Shareholder proposal requesting adoption of an independent board chair policy |
| THE BOEING COMPANY | 17 Apr 2026 | Action by Written Consent. |
| Palo Alto Networks, Inc. | 9 Dec 2025 | To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding... |
| CVS Health Corporation | 14 May 2026 | Stockholder Proposal for Reducing the Threshold for Our Stockholder Right to Act By Written Consent. |
| Mondelez International, Inc. | 20 May 2026 | Shareholder proposal requesting adoption of an independent board chairman policy |
| Boston Scientific Corporation | 30 Apr 2026 | Stockholder proposal titled "Give Shareholders the Ability to Call for a Special Shareholder Meeting." |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding annual vote regarding executive pay. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding dual class capital structure. |
| United Parcel Service, Inc. | 7 May 2026 | To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share. |
| Target Corporation | 10 Jun 2026 | Require Independent Board Chair |
| PayPal Holdings, Inc. | 19 May 2026 | Stockholder Proposal - Reduce Threshold to Call Special Meetings of Stockholders. |
| The Travelers Companies, Inc. | 20 May 2026 | Require Independent Board Chair |
| L3Harris Technologies, Inc. | 11 May 2026 | Shareholder Proposal titled "Improve Shareholder Ability to Call for a Special Shareholder Meeting". |
| FORD MOTOR COMPANY | 14 May 2026 | A shareholder proposal relating to a request that the Board take steps to implement one vote per share for... |
| FORD MOTOR COMPANY | 14 May 2026 | A shareholder proposal relating to public disclosure by share class of voting results on matters subject... |
| Northrop Grumman Corporation | 20 May 2026 | Shareholder proposal to provide for an independent Board chair. |
| Sysco Corporation | 14 Nov 2025 | Adopt Mandatory Policy Separating the Roles of CEO and Board Chair |
| General Motors Company | 2 Jun 2026 | Shareholder Proposal Regarding Separation of Chair and CEO Roles |
| Marvell Technology, Inc. | 25 Jun 2026 | To consider and act on one stockholder proposal, entitled "Independent Board Chairman" |
Shares on loan
MassMutual reported 169.4 million shares on loan at record dates against 2.78 billion shares voted: 5.75% of the two together. Median family: 1.53%. 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.
| Filer | Type | Vote records, year to 30 June 2026 |
|---|---|---|
| MML SERIES INVESTMENT FUND | fund registrant | 31,507 |
| MASSMUTUAL SELECT FUNDS | fund registrant | 19,549 |
| MML Series Investment Fund II | fund registrant | 3,771 |
| MASSMUTUAL PREMIER FUNDS | fund registrant | 2,226 |
| MassMutual Private Wealth & Trust, FSB | institutional manager | 2,196 |
| BARINGS LLC | institutional manager | 1,244 |
| BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND | fund registrant | 3 |
| MASSACHUSETTS MUTUAL LIFE INSURANCE CO | institutional manager | 2 |
| MassMutual Advantage Funds | fund registrant | 0 |
Questions
How did MassMutual vote on executive pay?
In the year to 30 June 2026 MassMutual reported 7,211 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 6,647 were for (92.2%), 564 against and 0 abstentions. Counting one item per company meeting, it voted against management on 162 of the 2,338 say-on-pay items it marked either way. A further 22 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does MassMutual vote against management?
4.8% of the time in the year to 30 June 2026: 2,902 of the 60,325 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 MassMutual support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 561 votes on proposals from security holders in the year to 30 June 2026 and voted for 24 of them (4.3%). Across every category it voted for 24.1% 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.