Home / Families / Nuveen and TIAA / year to 30 June 2025
Nuveen and TIAA
One season of the Nuveen and TIAA record. The family page shows the latest season.
- Vote records reported
- 399,898year to 30 June 2025
- Against management
- 9.0%35,335 of 391,069 marked votes
- Say-on-pay support
- 85.3%for, of for + against + abstain
- Shareholder-proposal support
- 41.1%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 2025, Nuveen and TIAA listed 399,898 vote records. Votes against management made up 9.0% of those marked either way (35,335 of 391,069); the median of the fund families tracked here stood at 7.6%.
Weighted by the number of shares voted, the against-management share is 9.5%. 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 85.3% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.8%) and it voted for 41.1% 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 SHAREHOLDER RIGHTS AND DEFENSES (20.1% of 969), EXTRAORDINARY TRANSACTIONS (18.9% of 5,149) and SECTION 14A SAY-ON-PAY VOTES (14.3% of 24,988).
It reported 8.18 billion shares out on loan at record dates, 2.76% 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 | 9.0% | 7.6% | 9.7% |
| Say-on-pay support rate | 85.3% | 88.8% | 84.3% |
| Shareholder-proposal support rate | 41.1% | 29.5% | 33.0% |
| Shares on loan, share of shares held | 2.76% | 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% |
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 | 215,313 | 192,069 | 9,922 | 8.8% | |
| SECTION 14A SAY-ON-PAY VOTES | 25,046 | 19,639 | 3,374 | 14.3% | |
| AUDIT-RELATED | 30,441 | 30,168 | 263 | 0.7% | |
| INVESTMENT COMPANY MATTERS | 41 | 41 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 1,140 | 959 | 87 | 20.1% | |
| EXTRAORDINARY TRANSACTIONS | 5,154 | 4,170 | 976 | 18.9% | |
| CAPITAL STRUCTURE | 34,921 | 31,844 | 3,077 | 8.8% | |
| COMPENSATION | 30,120 | 25,344 | 4,700 | 14.0% | |
| CORPORATE GOVERNANCE | 58,892 | 52,464 | 6,149 | 7.3% | |
| ENVIRONMENT OR CLIMATE | 2,903 | 912 | 1,989 | 14.2% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 967 | 501 | 466 | 9.5% | |
| DIVERSITY, EQUITY, AND INCLUSION | 1,854 | 581 | 1,273 | 7.8% | |
| OTHER SOCIAL ISSUES | 3,343 | 1,306 | 2,037 | 12.5% | |
| OTHER | 2,809 | 2,057 | 739 | 8.6% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 435,647 | 9.4% | 87.5% | 43.9% | |
| year to 30 June 2025 | 399,898 | 9.0% | 85.3% | 41.1% | |
| year to 30 June 2026 | 372,485 | 10.0% | 87.1% | 37.7% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Nuveen and TIAA voted against management on 399 of the 2,550 it marked either way (15.6%) in the year to 30 June 2025. The 40 companies with the most reporting filers are listed.
A further 5 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- Cisco Systems, Inc. 9 Dec 2024
- CHEVRON CORPORATION 28 May 2025
- Pfizer Inc. 24 Apr 2025
- RTX CORPORATION 1 May 2025
- Advanced Micro Devices, Inc. 14 May 2025
- The Charles Schwab Corporation 22 May 2025
- Target Corporation 11 Jun 2025
- Deere & Company 26 Feb 2025
- DUKE ENERGY CORPORATION 1 May 2025
- United Parcel Service, Inc. 8 May 2025
- SCHLUMBERGER LIMITED (SCHLUMBERGER N.V.) 2 Apr 2025
- U.S. Bancorp 15 Apr 2025
- THE SOUTHERN COMPANY 21 May 2025
- Marsh & McLennan Companies, Inc. 15 May 2025
- WARNER BROS. DISCOVERY, INC. 2 Jun 2025
- Otis Worldwide Corporation 15 May 2025
- VIATRIS INC. 6 Dec 2024
- Truist Financial Corporation 29 Apr 2025
- L3Harris Technologies, Inc. 18 Apr 2025
- Marvell Technology, Inc. 13 Jun 2025
- The Hershey Company 6 May 2025
- Yum! Brands, Inc. 15 May 2025
- American International Group, Inc. 14 May 2025
- DEVON ENERGY CORPORATION 4 Jun 2025
- The Estee Lauder Companies Inc. 8 Nov 2024
- Workday, Inc. 4 Jun 2025
- Halliburton Company 21 May 2025
- IQVIA Holdings Inc. 24 Apr 2025
- Baxter International Inc. 6 May 2025
- Lennar Corporation 9 Apr 2025
- Biogen Inc. 17 Jun 2025
- ORGANON & CO. 10 Jun 2025
- Eversource Energy 1 May 2025
- CoStar Group, Inc. 26 Jun 2025
- Conagra Brands, Inc. 18 Sep 2024
- Kellanova 1 Nov 2024
- Global Payments Inc. 24 Apr 2025
- Marathon Oil Corporation 29 Aug 2024
- Illumina, Inc. 21 May 2025
- Principal Financial Group, Inc. 20 May 2025
Shareholder proposals it supported
Of 1,599 proposals from security holders that could be told apart in the filings and on which it cast a vote, Nuveen and TIAA voted for 706 (44.2%). 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 AI Misinformation and Disinformation |
| Microsoft Corporation | 10 Dec 2024 | Report on AI Data Sourcing Accountability |
| NVIDIA Corporation | 25 Jun 2025 | Approval of a stockholder proposal to modify existing reporting on workforce data. |
| 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 data collection and advertising practices. |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding dual class capital structure. |
| Bank of America Corporation | 22 Apr 2025 | Shareholder proposal requesting disclosure of energy financing ratio |
| The Procter & Gamble Company | 8 Oct 2024 | Shareholder Proposal - Pay Gap Reporting |
| Walmart Inc. | 5 Jun 2025 | Shareholder proposal: ENVIRONMENT OR CLIMATE |
| PEPSICO, INC. | 7 May 2025 | Shareholder Proposal - Sustainable Packaging Policies for Plastics. |
| Wells Fargo & Company | 29 Apr 2025 | Shareholder Proposal - Energy Supply Ratio. |
| NIKE, Inc. | 10 Sep 2024 | To consider a shareholder proposal regarding Supplemental Pay Equity Disclosure |
| NIKE, Inc. | 10 Sep 2024 | To consider a shareholder proposal regarding Environmental Targets |
| Morgan Stanley | 15 May 2025 | Shareholder proposal requesting an energy supply ratio |
| Stryker Corporation | 8 May 2025 | Shareholder Proposal to Support Transparency in Political Spending. |
| Citigroup Inc. | 29 Apr 2025 | Stockholder proposal requesting a shareholder vote regarding excessive golden parachutes. |
| The Goldman Sachs Group, Inc. | 23 Apr 2025 | Shareholder Proposal Regarding Disclosure of Energy Supply Financing Ratio |
| Gilead Sciences, Inc. | 7 May 2025 | To vote on a stockholder proposal requesting a comprehensive human rights policy and human rights due... |
| The Charles Schwab Corporation | 22 May 2025 | Stockholder proposal requesting declassification of the board of directors |
| Deere & Company | 26 Feb 2025 | S/h proposal - create a non-discriminatory sexual orientation policy" |
| Mondelez International, Inc. | 21 May 2025 | Shareholder Proposal: Report on flexible plastic packaging |
| DUKE ENERGY CORPORATION | 1 May 2025 | Shareholder proposal regarding support simple majority vote |
| 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. |
| Boston Scientific Corporation | 1 May 2025 | Stockholder proposal titled "Support Simple Majority Vote." |
| FedEx Corporation | 23 Sep 2024 | Stockholder proposal regarding climate lobbying alignment with company's carbon neutral goals. |
| FedEx Corporation | 23 Sep 2024 | Stockholder proposal regarding a Just Transition report. |
| Vertex Pharmaceuticals Incorporated | 14 May 2025 | Shareholder proposal, if properly presented at the meeting, regarding excessive golden parachutes. |
| Carrier Global Corporation | 9 Apr 2025 | Shareowner Proposal Requesting a Lobbying Transparency Report |
| Phillips 66 | 21 May 2025 | Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES |
| The Travelers Companies, Inc. | 21 May 2025 | Shareholder proposal relating to ratification of golden parachutes, if presented at the Annual Meeting of... |
| Illinois Tool Works Inc. | 2 May 2025 | A non-binding stockholder proposal, if properly presented at the meeting, for stockholder ratification of... |
| 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... |
| Otis Worldwide Corporation | 15 May 2025 | Shareholder proposal regarding reporting on political contributions and expenditures |
| General Mills, Inc. | 24 Sep 2024 | Shareholder Proposal - Disclosure of Regenerative Agriculture Practices Within Supply Chain. |
| General Mills, Inc. | 24 Sep 2024 | Shareholder Proposal - Plastic Packaging. |
| Capital One Financial Corporation | 8 May 2025 | Stockholder proposal to require a shareholder vote on golden parachute arrangements. |
| Sysco Corporation | 15 Nov 2024 | To consider a stockholder proposal related to establishing measurable, time bound targets for ensuring... |
| Marathon Petroleum Corporation | 30 Apr 2025 | Shareholder proposal to support a simple majority vote. |
| Microchip Technology Incorporated | 20 Aug 2024 | Report on Due Diligence Efforts to Trace End-User Misuse of Company Products |
Shares on loan
Nuveen and TIAA reported 8.18 billion shares on loan at record dates against 288.14 billion shares voted: 2.76% 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 Nuveen and TIAA vote on executive pay?
In the year to 30 June 2025 Nuveen and TIAA reported 23,018 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 19,639 were for (85.3%), 3,374 against and 5 abstentions. Counting one item per company meeting, it voted against management on 399 of the 2,550 say-on-pay items it marked either way. A further 5 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does Nuveen and TIAA vote against management?
9.0% of the time in the year to 30 June 2025: 35,335 of the 391,069 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 Nuveen and TIAA support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 2,400 votes on proposals from security holders in the year to 30 June 2025 and voted for 411 of them (17.1%). Across every category it voted for 41.1% 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.
Back to the Nuveen and TIAA 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 Nuveen and TIAA, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.