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PIMCO
One season of the PIMCO record. The family page shows the latest season.
- Vote records reported
- 69,510year to 30 June 2024
- Against management
- 19.5%13,135 of 67,288 marked votes
- Say-on-pay support
- 75.7%for, of for + against + abstain
- Shareholder-proposal support
- 58.1%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 2024, PIMCO listed 69,510 vote records. Votes against management made up 19.5% of those marked either way (13,135 of 67,288); the median of the fund families tracked here stood at 8.5%.
Weighted by the number of shares voted, the against-management share is 19.0%. 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 75.7% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 89.0%) and it voted for 58.1% 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 (39.6% of 139), HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (39.1% of 481) and AUDIT-RELATED (38.0% of 3,702).
It reported 222.5 million shares out on loan at record dates, 0.79% 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 2024 | This family | Median family | All filers pooled |
|---|---|---|---|
| Against-management share | 19.5% | 8.5% | 10.2% |
| Say-on-pay support rate | 75.7% | 89.0% | 84.6% |
| Shareholder-proposal support rate | 58.1% | 35.1% | 37.0% |
| Shares on loan, share of shares held | 0.79% | 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 | 33,737 | 26,648 | 5,600 | 19.8% | |
| SECTION 14A SAY-ON-PAY VOTES | 5,282 | 3,524 | 1,133 | 21.8% | |
| AUDIT-RELATED | 3,797 | 2,366 | 1,416 | 38.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 153 | 110 | 33 | 39.6% | |
| EXTRAORDINARY TRANSACTIONS | 387 | 348 | 37 | 10.1% | |
| CAPITAL STRUCTURE | 5,964 | 5,207 | 757 | 12.8% | |
| COMPENSATION | 6,665 | 5,370 | 1,283 | 20.1% | |
| CORPORATE GOVERNANCE | 12,265 | 10,854 | 1,373 | 10.9% | |
| ENVIRONMENT OR CLIMATE | 823 | 343 | 480 | 29.5% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 483 | 290 | 193 | 39.1% | |
| DIVERSITY, EQUITY, AND INCLUSION | 515 | 255 | 260 | 28.8% | |
| OTHER SOCIAL ISSUES | 1,129 | 616 | 513 | 35.7% | |
| OTHER | 1,351 | 1,125 | 225 | 2.9% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 69,510 | 19.5% | 75.7% | 58.1% | |
| year to 30 June 2025 | 76,372 | 10.9% | 87.7% | 34.2% | |
| year to 30 June 2026 | 69,907 | 10.3% | 85.9% | 50.7% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, PIMCO voted against management on 244 of the 1,174 it marked either way (20.8%) in the year to 30 June 2024. The 40 companies with the most reporting filers are listed.
A further 2 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- Amazon.com, Inc. 22 May 2024
- Visa Inc. 23 Jan 2024
- AbbVie Inc. 3 May 2024
- Adobe Inc. 17 Apr 2024
- EXXON MOBIL CORPORATION 29 May 2024
- The Procter & Gamble Company 10 Oct 2023
- Salesforce, Inc. 27 Jun 2024
- Broadcom Inc. 22 Apr 2024
- PEPSICO, INC. 1 May 2024
- Thermo Fisher Scientific Inc. 22 May 2024
- Bank of America Corporation 24 Apr 2024
- Walmart Inc. 5 Jun 2024
- Comcast Corporation 10 Jun 2024
- The Coca-Cola Company 1 May 2024
- Pfizer Inc. 25 Apr 2024
- Netflix, Inc. 6 Jun 2024
- Oracle Corporation 15 Nov 2023
- Tesla, Inc. 13 Jun 2024
- Intel Corporation 7 May 2024
- QUALCOMM Incorporated 5 Mar 2024
- ACCENTURE PLC 31 Jan 2024
- Texas Instruments Incorporated 25 Apr 2024
- MEDTRONIC PLC 19 Oct 2023
- Target Corporation 12 Jun 2024
- CVS Health Corporation 16 May 2024
- American Express Company 6 May 2024
- Mondelez International, Inc. 22 May 2024
- GE Aerospace 7 May 2024
- Applied Materials, Inc. 7 Mar 2024
- Stryker Corporation 9 May 2024
- ServiceNow, Inc. 23 May 2024
- The Charles Schwab Corporation 23 May 2024
- Gilead Sciences, Inc. 8 May 2024
- LOCKHEED MARTIN CORPORATION 2 May 2024
- PayPal Holdings, Inc. 22 May 2024
- The Goldman Sachs Group, Inc. 24 Apr 2024
- Phillips 66 15 May 2024
- Automatic Data Processing, Inc. 8 Nov 2023
- BlackRock, Inc. 15 May 2024
- Morgan Stanley 23 May 2024
Shareholder proposals it supported
Of 945 proposals from security holders that could be told apart in the filings and on which it cast a vote, PIMCO voted for 638 (67.5%). 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 | 7 Dec 2023 | Report on AI Misinformation and Disinformation |
| Microsoft Corporation | 7 Dec 2023 | S/H Proposal - Environmental |
| Microsoft Corporation | 7 Dec 2023 | Report on Data Operations in Human Rights Hotspots |
| Microsoft Corporation | 7 Dec 2023 | Report on Tax Transparency |
| Microsoft Corporation | 7 Dec 2023 | Report on Risks of Weapons Development |
| Amazon.com, Inc. | 22 May 2024 | Report on Median and Adjusted Gender/Racial Pay Gaps |
| Amazon.com, Inc. | 22 May 2024 | Disclose All Material Scope 3 GHG Emissions |
| Amazon.com, Inc. | 22 May 2024 | Commission Third Party Assessment on Company's Commitment to Freedom of Association and Collective Bargaining |
| Amazon.com, Inc. | 22 May 2024 | Report on Lobbying Payments and Policy |
| Amazon.com, Inc. | 22 May 2024 | Commission a Third Party Audit on Working Conditions |
| Amazon.com, Inc. | 22 May 2024 | Shareholder proposal requesting additional reporting on stakeholder impacts |
| Apple Inc. | 28 Feb 2024 | A shareholder proposal entitled "Racial and Gender Pay Gaps" |
| Apple Inc. | 28 Feb 2024 | A shareholder proposal requesting a report on the use of Al |
| NVIDIA Corporation | 26 Jun 2024 | Advisory approval of a stockholder proposal to replace the supermajority voting provisions in our charter... |
| Visa Inc. | 23 Jan 2024 | To vote on a stockholder proposal requesting that the Board adopt a policy to seek shareholder... |
| JPMorgan Chase & Co. | 21 May 2024 | Shareholder opportunity to vote on excessive golden parachutes |
| JPMorgan Chase & Co. | 21 May 2024 | Indigenous peoples' rights indicators |
| JPMorgan Chase & Co. | 21 May 2024 | Independent board chairman |
| UnitedHealth Group Incorporated | 3 Jun 2024 | If properly presented at the 2024 Annual Meeting of Shareholders, the shareholder proposal requiring a... |
| Mastercard Incorporated | 18 Jun 2024 | Consideration of a stockholder proposal requesting transparency in lobbying. 5.consideration of a... |
| Mastercard Incorporated | 18 Jun 2024 | Consideration of a stockholder proposal requesting transparency in lobbying |
| Merck & Co., Inc. | 28 May 2024 | Shareholder proposal regarding a shareholder right to act by written consent |
| The Home Depot, Inc. | 16 May 2024 | Shareholder Proposal Regarding Enhancements to the Company's Clawback Policy |
| The Home Depot, Inc. | 16 May 2024 | Shareholder Proposal Regarding Political Contributions Congruency Analysis |
| The Home Depot, Inc. | 16 May 2024 | Shareholder Proposal Regarding a Report on Biodiversity Impact and Dependency Assessment |
| AbbVie Inc. | 3 May 2024 | Stockholder Proposal - to Implement Simple Majority Vote |
| AbbVie Inc. | 3 May 2024 | Stockholder Proposal - to Issue Annual Report on Lobbying |
| AbbVie Inc. | 3 May 2024 | Stockholder Proposal - to Issue a Report on Patent Process |
| Adobe Inc. | 17 Apr 2024 | Stockholder Proposal - Reporting on Hiring of Persons with Arrest or Incarceration Records. |
| Cisco Systems, Inc. | 6 Dec 2023 | Stockholder Proposal - Approval to have Ciscos Board issue a tax transparency report in consideration of... |
| EXXON MOBIL CORPORATION | 29 May 2024 | Additional Social Impact Report |
| EXXON MOBIL CORPORATION | 29 May 2024 | Additional Pay Report on Gender and Racial Basis |
| EXXON MOBIL CORPORATION | 29 May 2024 | Shareholder proposal: ENVIRONMENT OR CLIMATE |
| Eli Lilly and Company | 6 May 2024 | Shareholder proposal to adopt a comprehensive human rights policy |
| Eli Lilly and Company | 6 May 2024 | Shareholder proposal to report on effectiveness of the company's diversity, equity, and inclusion efforts. |
| Eli Lilly and Company | 6 May 2024 | Shareholder proposal to establish and report on a process by which the impact of extended patent... |
| Eli Lilly and Company | 6 May 2024 | Shareholder proposal to publish an annual report disclosing lobbying activities. |
| CHEVRON CORPORATION | 29 May 2024 | Commission a Third-Party Report on Human Rights Practices |
| The Procter & Gamble Company | 10 Oct 2023 | Shareholder Proposal - Request to Require Shareholder Approval for Certain Future Amendments to Company... |
| PEPSICO, INC. | 1 May 2024 | Shareholder Proposal - Report on Risks Related to Biodiversity and Nature Loss. |
Shares on loan
PIMCO reported 222.5 million shares on loan at record dates against 27.96 billion shares voted: 0.79% of the two together. Median family: 1.34%. 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 PIMCO vote on executive pay?
In the year to 30 June 2024 PIMCO reported 4,657 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 3,524 were for (75.7%), 1,133 against and 0 abstentions. Counting one item per company meeting, it voted against management on 244 of the 1,174 say-on-pay items it marked either way. A further 2 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does PIMCO vote against management?
19.5% of the time in the year to 30 June 2024: 13,135 of the 67,288 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 PIMCO support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 701 votes on proposals from security holders in the year to 30 June 2024 and voted for 232 of them (33.1%). Across every category it voted for 58.1% 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 PIMCO 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 PIMCO, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.