Home / Families / Pacific Life funds / year to 30 June 2024
Pacific Life funds
One season of the Pacific Life funds record. The family page shows the latest season.
- Vote records reported
- 137,924year to 30 June 2024
- Against management
- 6.5%8,695 of 133,874 marked votes
- Say-on-pay support
- 94.1%for, of for + against + abstain
- Shareholder-proposal support
- 37.2%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 2024, Pacific Life funds listed 137,924 vote records. Votes against management made up 6.5% of those marked either way (8,695 of 133,874); the median of the fund families tracked here stood at 8.5%.
Weighted by the number of shares voted, the against-management share is 6.4%. 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 94.1% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 89.0%) and it voted for 37.2% 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 (14.0% of 343), CORPORATE GOVERNANCE (13.1% of 16,278) and COMPENSATION (11.4% of 8,420).
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 | 6.5% | 8.5% | 10.2% |
| Say-on-pay support rate | 94.1% | 89.0% | 84.6% |
| Shareholder-proposal support rate | 37.2% | 35.1% | 37.0% |
| Shares on loan, share of shares held | 0.00% | 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% |
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 | 78,422 | 73,838 | 1,798 | 5.1% | |
| SECTION 14A SAY-ON-PAY VOTES | 9,922 | 8,032 | 501 | 6.3% | |
| AUDIT-RELATED | 11,460 | 11,431 | 19 | 0.2% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 370 | 321 | 32 | 14.0% | |
| EXTRAORDINARY TRANSACTIONS | 1,146 | 1,050 | 96 | 7.3% | |
| CAPITAL STRUCTURE | 8,638 | 7,825 | 800 | 9.4% | |
| COMPENSATION | 8,456 | 7,184 | 1,219 | 11.4% | |
| CORPORATE GOVERNANCE | 16,562 | 13,866 | 2,559 | 13.1% | |
| ENVIRONMENT OR CLIMATE | 948 | 98 | 847 | 3.1% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 476 | 88 | 387 | 8.6% | |
| DIVERSITY, EQUITY, AND INCLUSION | 570 | 95 | 475 | 6.9% | |
| OTHER SOCIAL ISSUES | 1,297 | 253 | 1,044 | 7.4% | |
| OTHER | 878 | 771 | 107 | 9.6% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 137,924 | 6.5% | 94.1% | 37.2% | |
| year to 30 June 2025 | 135,165 | 6.1% | 91.7% | 33.7% | |
| year to 30 June 2026 | 138,238 | 6.6% | 93.5% | 32.3% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Pacific Life funds voted against management on 156 of the 2,527 it marked either way (6.2%) in the year to 30 June 2024. The 40 companies with the most reporting filers are listed.
A further 1 say-on-pay item was reported without a management mark and are left out of both sides of that fraction.
- 3M Company 14 May 2024
- Palo Alto Networks, Inc. 12 Dec 2023
- Norfolk Southern Corporation 9 May 2024
- Pioneer Natural Resources Company 7 Feb 2024
- The Allstate Corporation 14 May 2024
- Zimmer Biomet Holdings, Inc. 10 May 2024
- Delta Air Lines, Inc. 20 Jun 2024
- Xcel Energy Inc. 22 May 2024
- Marvell Technology, Inc. 20 Jun 2024
- Workday, Inc. 18 Jun 2024
- Copart, Inc. 8 Dec 2023
- Eversource Energy 1 May 2024
- Southwest Airlines Co. 15 May 2024
- TransDigm Group Incorporated 7 Mar 2024
- Pinterest, Inc. 23 May 2024
- Axon Enterprise, Inc. 10 May 2024
- Las Vegas Sands Corp. 9 May 2024
- Fair Isaac Corporation 14 Feb 2024
- Watsco, Inc. 3 Jun 2024
- Zoom Communications, Inc. 13 Jun 2024
- Paycom Software, Inc. 29 Apr 2024
- Bio-Techne Corporation 26 Oct 2023
- Cloudflare, Inc. 4 Jun 2024
- Pinnacle West Capital Corporation 22 May 2024
- HEICO Corporation 15 Mar 2024
- Zscaler, Inc. 5 Jan 2024
- Roku, Inc. 6 Jun 2024
- Pure Storage, Inc. 12 Jun 2024
- The Carlyle Group Inc. 29 May 2024
- Rexford Industrial Realty, Inc. 11 Jun 2024
- Oshkosh Corporation 7 May 2024
- Life Storage, Inc. 18 Jul 2023
- Shockwave Medical, Inc. 29 May 2024
- Harley-Davidson, Inc. 16 May 2024
- Black Knight, Inc. 12 Jul 2023
- Universal Display Corporation 20 Jun 2024
- Nexstar Media Group, Inc. 18 Jun 2024
- Antero Resources Corporation 5 Jun 2024
- Lucid Group, Inc. 4 Jun 2024
- SouthState Corporation 24 Apr 2024
Shareholder proposals it supported
Of 1,184 proposals from security holders that could be told apart in the filings and on which it cast a vote, Pacific Life funds voted for 490 (41.4%). 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 |
|---|---|---|
| NVIDIA Corporation | 26 Jun 2024 | Advisory approval of a stockholder proposal to replace the supermajority voting provisions in our charter... |
| AbbVie Inc. | 3 May 2024 | Stockholder Proposal - to Implement Simple Majority Vote |
| The Walt Disney Company | 3 Apr 2024 | Shareholder proposal: CORPORATE GOVERNANCE |
| Walmart Inc. | 5 Jun 2024 | Workplace Safety & Violence Review |
| Oracle Corporation | 15 Nov 2023 | Stockholder Proposal Regarding Pay Gap Report |
| Tesla, Inc. | 13 Jun 2024 | A stockholder proposal regarding annual reporting on anti-harassment and discrimination efforts |
| 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 |
| ConocoPhillips | 14 May 2024 | Simple Majority Vote. |
| Wells Fargo & Company | 30 Apr 2024 | Shareholder Proposal - Transparency in Lobbying Annual Report. |
| American Tower Corporation | 22 May 2024 | To consider a stockholder proposal, if properly presented, regarding the ownership threshold required to... |
| American Tower Corporation | 22 May 2024 | To consider a stockholder proposal, if properly presented, regarding disclosure of racial and gender pay gaps. |
| 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. |
| DUKE ENERGY CORPORATION | 9 May 2024 | Adopt Share Retention Policy For Senior Executives |
| Prologis, Inc. | 9 May 2024 | Vote on a stockholder proposal titled "Simple Majority Vote." |
| Emerson Electric Co. | 6 Feb 2024 | Shareholder Proposal to Implement a Simple Majority Vote Requirement in the Company's Governing Documents. |
| Analog Devices, Inc. | 13 Mar 2024 | Shareholder proposal regarding simple majority voting |
| The Sherwin-Williams Company | 17 Apr 2024 | Shareholder proposal to adopt a simple majority vote. |
| FORD MOTOR COMPANY | 9 May 2024 | Relating to Consideration of a Recapitalization Plan to Provide That All of the Company's Outstanding... |
| Illinois Tool Works Inc. | 3 May 2024 | A non-binding stockholder proposal, if properly presented at the meeting, for stockholder ratification of... |
| Norfolk Southern Corporation | 9 May 2024 | A Shareholder proposal regarding an annual report on lobbying activities, policies and communications. |
| Norfolk Southern Corporation | 9 May 2024 | To approve the proposal to repeal any provision of, or amendment to, the Bylaws, dated as of July 25,... |
| Regeneron Pharmaceuticals, Inc. | 14 Jun 2024 | Non-binding shareholder proposal requesting simple majority voting requirements |
| Roper Technologies, Inc. | 12 Jun 2024 | Shareholder proposal regarding majority voting requirements; and |
| DexCom, Inc. | 22 May 2024 | To provide a non-binding, advisory vote on pay equity disclosure. |
| DexCom, Inc. | 22 May 2024 | To provide a non-binding, advisory vote on transparency in lobbying. |
| Airbnb, Inc. | 5 Jun 2024 | Stockholder proposal regarding political disclosure |
| IDEXX Laboratories, Inc. | 6 May 2024 | Shareholder proposal regarding simple majority vote (Proposal Four). |
| Amphenol Corporation | 16 May 2024 | Stockholder Proposal regarding Special Shareholder Meeting Improvement |
| Agilent Technologies, Inc. | 14 Mar 2024 | To vote on a shareholder proposal regarding simple majority vote |
| Fastenal Company | 25 Apr 2024 | The consideration of a shareholder proposal relating to simple majority vote |
| WEC Energy Group, Inc. | 9 May 2024 | Stockholder proposal regarding simple majority vote |
| Verisk Analytics, Inc. | 15 May 2024 | Shareholder Proposal - Simple Majority Vote |
| Keysight Technologies, Inc. | 21 Mar 2024 | Consider, on a non-binding advisory basis, Stockholder Proposal: Simple Majority Vote |
| Eversource Energy | 1 May 2024 | Vote on a shareholder proposal titled "Simple Majority Vote," if properly brought before the meeting. |
| Conagra Brands, Inc. | 14 Sep 2023 | Shareholder proposal requesting a shareholder right to call a special shareholder meeting |
| Dell Technologies Inc. | 27 Jun 2024 | Shareholder proposal seeking a report to shareholders on the effectiveness of Dell Technologies Inc.'s... |
| Align Technology, Inc. | 22 May 2024 | Stockholder proposal regarding simple majority vote |
| Edison International | 25 Apr 2024 | Shareholder Proposal Regarding Lobbying |
Shares on loan
Pacific Life funds reported no shares on loan for the year to 30 June 2024. 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 Pacific Life funds vote on executive pay?
In the year to 30 June 2024 Pacific Life funds reported 8,533 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 8,032 were for (94.1%), 501 against and 0 abstentions. Counting one item per company meeting, it voted against management on 156 of the 2,527 say-on-pay items it marked either way. A further 1 say-on-pay item was reported without a management mark and are not counted in that figure.
How often does Pacific Life funds vote against management?
6.5% of the time in the year to 30 June 2024: 8,695 of the 133,874 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 Pacific Life funds support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 874 votes on proposals from security holders in the year to 30 June 2024 and voted for 27 of them (3.1%). Across every category it voted for 37.2% 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 Pacific Life 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 Pacific Life funds, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.