Home / Families / Pacific Life funds / year to 30 June 2025
Pacific Life funds
One season of the Pacific Life funds record. The family page shows the latest season.
- Vote records reported
- 135,165year to 30 June 2025
- Against management
- 6.1%8,020 of 131,509 marked votes
- Say-on-pay support
- 91.7%for, of for + against + abstain
- Shareholder-proposal support
- 33.7%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, Pacific Life funds listed 135,165 vote records. Votes against management made up 6.1% of those marked either way (8,020 of 131,509); the median of the fund families tracked here stood at 7.6%.
Weighted by the number of shares voted, the against-management share is 7.0%. 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 91.7% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.8%) and it voted for 33.7% 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 EXTRAORDINARY TRANSACTIONS (23.3% of 1,789), SHAREHOLDER RIGHTS AND DEFENSES (16.9% of 344) and COMPENSATION (12.1% of 7,535).
It reported 14.8 million shares out on loan at record dates, 0.16% 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 | 6.1% | 7.6% | 9.7% |
| Say-on-pay support rate | 91.7% | 88.8% | 84.3% |
| Shareholder-proposal support rate | 33.7% | 29.5% | 33.0% |
| Shares on loan, share of shares held | 0.16% | 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 | 79,413 | 74,511 | 1,674 | 4.9% | |
| SECTION 14A SAY-ON-PAY VOTES | 9,718 | 8,092 | 727 | 8.5% | |
| AUDIT-RELATED | 11,713 | 11,674 | 32 | 0.2% | |
| INVESTMENT COMPANY MATTERS | 4 | 4 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 397 | 347 | 26 | 16.9% | |
| EXTRAORDINARY TRANSACTIONS | 1,789 | 1,365 | 423 | 23.3% | |
| CAPITAL STRUCTURE | 8,592 | 7,772 | 809 | 9.6% | |
| COMPENSATION | 7,577 | 6,401 | 1,141 | 12.1% | |
| CORPORATE GOVERNANCE | 14,109 | 12,255 | 1,719 | 8.5% | |
| ENVIRONMENT OR CLIMATE | 838 | 91 | 747 | 1.9% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 249 | 66 | 183 | 3.2% | |
| DIVERSITY, EQUITY, AND INCLUSION | 502 | 63 | 439 | 0.4% | |
| OTHER SOCIAL ISSUES | 958 | 244 | 714 | 7.6% | |
| OTHER | 571 | 488 | 79 | 7.4% |
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 248 of the 2,537 it marked either way (9.8%) in the year to 30 June 2025. 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.
- Pfizer Inc. 24 Apr 2025
- Intel Corporation 6 May 2025
- CVS Health Corporation 15 May 2025
- U.S. Bancorp 15 Apr 2025
- Micron Technology, Inc. 16 Jan 2025
- Arista Networks, Inc. 30 May 2025
- Otis Worldwide Corporation 15 May 2025
- VIATRIS INC. 6 Dec 2024
- Simon Property Group, Inc. 14 May 2025
- MSCI Inc. 22 Apr 2025
- Axon Enterprise, Inc. 29 May 2025
- Expedia Group, Inc. 3 Jun 2025
- CoStar Group, Inc. 26 Jun 2025
- Conagra Brands, Inc. 18 Sep 2024
- Kellanova 1 Nov 2024
- United Airlines Holdings, Inc. 21 May 2025
- Yum China Holdings, Inc. 23 May 2025
- Zoom Communications, Inc. 12 Jun 2025
- Host Hotels & Resorts, Inc. 14 May 2025
- Corpay, Inc. 11 Jun 2025
- Molina Healthcare, Inc. 30 Apr 2025
- Roku, Inc. 11 Jun 2025
- Coherent Corp. 14 Nov 2024
- The Carlyle Group Inc. 29 May 2025
- Sylvamo Corporation 15 May 2025
- Caesars Entertainment, Inc. 10 Jun 2025
- Landstar System, Inc. 16 May 2025
- Lattice Semiconductor Corporation 2 May 2025
- ChampionX Corporation 10 Jun 2025
- Berry Global Group, Inc. 5 Feb 2025
- Axis Capital Holdings Limited 16 May 2025
- Blue Owl Capital Inc. 9 Jun 2025
- PHINIA Inc. 21 May 2025
- The Western Union Company 15 May 2025
- Maplebear Inc. 22 May 2025
- MDU Resources Group, Inc. 13 May 2025
- Air Lease Corporation 2 May 2025
- ZIMVIE INC. 7 May 2025
- SM Energy Company 22 May 2025
- Polaris Inc. 1 May 2025
Shareholder proposals it supported
Of 1,086 proposals from security holders that could be told apart in the filings and on which it cast a vote, Pacific Life funds voted for 423 (39.0%). 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 |
|---|---|---|
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding report on child safety impacts and actual harm reduction to children. |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding report on Al data usage oversight. |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding dual class capital structure. |
| AbbVie Inc. | 9 May 2025 | Stockholder Proposal - to Implement Simple Majority Vote |
| Intel Corporation | 6 May 2025 | Stockholder proposal requesting shareholder right to act by written consent |
| The Charles Schwab Corporation | 22 May 2025 | Stockholder proposal requesting declassification of the board of directors |
| DUKE ENERGY CORPORATION | 1 May 2025 | Shareholder proposal regarding support simple majority vote |
| CVS Health Corporation | 15 May 2025 | Stockholder Proposal for Reducing the Threshold for Our Stockholder Right to Act By Written Consent. |
| THE SOUTHERN COMPANY | 21 May 2025 | Stockholder proposal regarding simple majority vote |
| 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. |
| Capital One Financial Corporation | 8 May 2025 | Stockholder proposal to require a shareholder vote on golden parachute arrangements. |
| Equinix, Inc. | 21 May 2025 | Consideration and vote upon a stockholder proposal, if properly presented at the Annual Meeting, related... |
| Airbnb, Inc. | 4 Jun 2025 | To consider one stockholder proposal regarding voting disclosure |
| Cintas Corporation | 29 Oct 2024 | A shareholder proposal regarding political disclosure |
| Agilent Technologies, Inc. | 13 Mar 2025 | Declassify the Board of Directors |
| WEC Energy Group, Inc. | 8 May 2025 | Stockholder proposal to support simple majority vote |
| IDEXX Laboratories, Inc. | 7 May 2025 | Declassify the Board of Directors |
| Cognizant Technology Solutions Corporation | 3 Jun 2025 | Shareholder proposal regarding support for special shareholder meeting improvement |
| Snowflake Inc. | 2 Jul 2024 | To consider and vote on, if properly presented at the meeting, a non-binding stockholder proposal... |
| Keysight Technologies, Inc. | 20 Mar 2025 | Declassify the Board of Directors |
| Old Dominion Freight Line, Inc. | 21 May 2025 | Shareholder proposal regarding emission reduction targets. |
| CoStar Group, Inc. | 26 Jun 2025 | Stockholder proposal regarding support for transparency in political spending |
| Regions Financial Corporation | 16 Apr 2025 | Shareholder Proposal Relating to Simple Majority Vote. |
| CDW Corporation | 20 May 2025 | To consider and act upon the stockholder proposal, if properly presented at the meeting, regarding... |
| Monolithic Power Systems, Inc. | 12 Jun 2025 | Vote on a stockholder proposal to give shareholders the ability to call for a special shareholder meeting. |
| HubSpot, Inc. | 4 Jun 2025 | Adopt Simple Majority Vote |
| Skyworks Solutions, Inc. | 14 May 2025 | To approve a stockholder proposal regarding simple majority vote. |
| Tyler Technologies, Inc. | 6 May 2025 | Shareholder Proposal Regarding Political Spending. |
| Teradyne, Inc. | 9 May 2025 | To vote on a shareholder proposal requiring the Company to prepare a report about political contributions... |
| Hologic, Inc. | 26 Feb 2025 | Advisory approval of a stockholder proposal to replace the supermajority voting provisions in our charter... |
| Alexandria Real Estate Equities, Inc. | 13 May 2025 | To consider and vote upon a stockholder proposal titled "Simple Majority Vote". |
| Markel Group Inc. | 21 May 2025 | Shareholder proposal for simple majority vote. |
| Fortune Brands Innovations, Inc. | 14 May 2025 | If properly presented, a stockholder proposal to eliminate supermajority voting requirements. |
| Jabil Inc. | 23 Jan 2025 | Corporate governance |
| Corpay, Inc. | 11 Jun 2025 | Shareholder proposal regarding an independent Board chair requirement |
| Fidelity National Financial, Inc. | 11 Jun 2025 | Declassify the Board of Directors |
| Entegris, Inc. | 23 Apr 2025 | Stockholder Proposal Regarding Simple Majority Voting. |
| Exact Sciences Corporation | 12 Jun 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| US Foods Holding Corp. | 22 May 2025 | Stockholder proposal to adopt a right to call a special stockholder meeting at a 15% aggregate ownership... |
Shares on loan
Pacific Life funds reported 14.8 million shares on loan at record dates against 9.51 billion shares voted: 0.16% 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 Pacific Life funds vote on executive pay?
In the year to 30 June 2025 Pacific Life funds reported 8,820 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 8,092 were for (91.7%), 727 against and 1 abstentions. Counting one item per company meeting, it voted against management on 248 of the 2,537 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?
6.1% of the time in the year to 30 June 2025: 8,020 of the 131,509 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 763 votes on proposals from security holders in the year to 30 June 2025 and voted for 16 of them (2.1%). Across every category it voted for 33.7% 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 2025
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.