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Home / Families / Russell Investments / year to 30 June 2024

Form N-PX · fund family · year to 30 June 20243 filers grouped

Russell Investments

One season of the Russell Investments record. The family page shows the latest season.

Vote records reported
161,702year to 30 June 2024
Against management
7.6%11,469 of 151,314 marked votes
Say-on-pay support
84.7%for, of for + against + abstain
Shareholder-proposal support
35.3%for, of for + against + abstain
85.9% for7.5% against6.5% other7.6% against management160,297 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

Russell Investments reported 161,702 vote records for the year to 30 June 2024. It marked 7.6% of its votes as cast against management (11,469 of 151,314), close to the median of the fund families tracked here, which was 8.5%.

Weighted by the number of shares voted, the against-management share is 11.2%. 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 84.7% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 89.0%) and it voted for 35.3% 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 (44.3% of 1,146), DIVERSITY, EQUITY, AND INCLUSION (23.8% of 495) and OTHER SOCIAL ISSUES (23.4% of 1,295).

It reported 130.6 million shares out on loan at record dates, 0.19% 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 2024This familyMedian familyAll filers pooled
Against-management share7.6%8.5%10.2%
Say-on-pay support rate84.7%89.0%84.6%
Shareholder-proposal support rate35.3%35.1%37.0%
Shares on loan, share of shares held0.19%1.34%0.08%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%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)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS86,58478,4583,4975.2%
SECTION 14A SAY-ON-PAY VOTES14,24910,4601,89214.0%
AUDIT-RELATED10,83310,3831331.2%
INVESTMENT COMPANY MATTERS1010.0%
SHAREHOLDER RIGHTS AND DEFENSES1,21896120044.3%
EXTRAORDINARY TRANSACTIONS682663180.7%
CAPITAL STRUCTURE12,24111,0527486.5%
COMPENSATION11,9069,2341,84013.6%
CORPORATE GOVERNANCE19,23315,4471,6089.6%
ENVIRONMENT OR CLIMATE93224167621.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE53210740620.1%
DIVERSITY, EQUITY, AND INCLUSION49511837723.8%
OTHER SOCIAL ISSUES1,34961767823.4%
OTHER422715not reported

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 2024161,7027.6%84.7%35.3%
year to 30 June 2025173,4748.0%86.1%32.9%
year to 30 June 2026185,2578.5%86.3%40.9%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Russell Investments voted against management on 309 of the 1,923 it marked either way (16.1%) in the year to 30 June 2024. The 40 companies with the most reporting filers are listed.

A further 16 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 720 proposals from security holders that could be told apart in the filings and on which it cast a vote, Russell Investments voted for 254 (35.3%). 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.

CompanyMeetingProposal
Microsoft Corporation7 Dec 2023Report on Tax Transparency
Amazon.com, Inc.22 May 2024Shareholder proposal requesting a report on customer due diligence
Amazon.com, Inc.22 May 2024Commission Third Party Assessment on Company's Commitment to Freedom of Association and Collective Bargaining
Amazon.com, Inc.22 May 2024Report on Lobbying Payments and Policy
Amazon.com, Inc.22 May 2024Commission a Third Party Audit on Working Conditions
Amazon.com, Inc.22 May 2024Shareholder proposal requesting a report on customer use of certain technologies
Amazon.com, Inc.22 May 2024Shareholder proposal requesting additional reporting on stakeholder impacts
Apple Inc.28 Feb 2024A shareholder proposal requesting a report on the use of Al
NVIDIA Corporation26 Jun 2024Advisory approval of a stockholder proposal to replace the supermajority voting provisions in our charter...
JPMorgan Chase & Co.21 May 2024Shareholder opportunity to vote on excessive golden parachutes
JPMorgan Chase & Co.21 May 2024Independent board chairman
Mastercard Incorporated18 Jun 2024Consideration of a stockholder proposal requesting transparency in lobbying. 5.consideration of a...
Merck & Co., Inc.28 May 2024Shareholder proposal regarding a shareholder right to act by written consent
Adobe Inc.17 Apr 2024Shareholder proposal: CORPORATE GOVERNANCE
Cisco Systems, Inc.6 Dec 2023Stockholder Proposal - Approval to have Ciscos Board issue a tax transparency report in consideration of...
EXXON MOBIL CORPORATION29 May 2024Shareholder proposal: ENVIRONMENT OR CLIMATE
Eli Lilly and Company6 May 2024Shareholder proposal to publish an annual report disclosing lobbying activities.
CHEVRON CORPORATION29 May 2024Report on Tax Practices
The Procter & Gamble Company10 Oct 2023Shareholder Proposal - Request to Require Shareholder Approval for Certain Future Amendments to Company...
Salesforce, Inc.27 Jun 2024Require Independent Board Chair
PEPSICO, INC.1 May 2024Shareholder Proposal - Third-Party Racial Equity Audit.
PEPSICO, INC.1 May 2024Shareholder proposal: CORPORATE GOVERNANCE
Bank of America Corporation24 Apr 2024Shareholder proposal requesting right to act by written consent
Bank of America Corporation24 Apr 2024Shareholder proposal requesting independent board chair
Walmart Inc.5 Jun 2024Racial Equity Audit
Walmart Inc.5 Jun 2024Workplace Safety & Violence Review
Pfizer Inc.25 Apr 2024Adopt an Independent Board Chair Policy
Verizon Communications Inc.9 May 2024Independent Board chair
Netflix, Inc.6 Jun 2024Stockholder proposal entitled, "Proposal 8 - Special Shareholder Meeting Improvement,"
Netflix, Inc.6 Jun 2024Report on Use of Artificial Intelligence
Netflix, Inc.6 Jun 2024Shareholder proposal: CORPORATE GOVERNANCE
Oracle Corporation15 Nov 2023Stockholder Proposal Regarding Pay Gap Report
Oracle Corporation15 Nov 2023Stockholder Proposal Regarding Independent Board Chairman
Tesla, Inc.13 Jun 2024A stockholder proposal regarding adoption of a freedom of association and collective bargaining policy
Tesla, Inc.13 Jun 2024A stockholder proposal regarding annual reporting on anti-harassment and discrimination efforts
Tesla, Inc.13 Jun 2024A stockholder proposal regarding simple majority voting provisions in our governing documents
Tesla, Inc.13 Jun 2024Declassify the Board of Directors
Danaher Corporation7 May 2024Reduce Ownership Threshold for Shareholders to Call Special Meeting
Bristol-Myers Squibb Company7 May 2024Adopt Share Retention Policy For Senior Executives
Bristol-Myers Squibb Company7 May 2024Require Independent Board Chair

Shares on loan

Russell Investments reported 130.6 million shares on loan at record dates against 68.01 billion shares voted: 0.19% 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 Russell Investments vote on executive pay?

In the year to 30 June 2024 Russell Investments reported 12,352 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 10,460 were for (84.7%), 1,892 against and 0 abstentions. Counting one item per company meeting, it voted against management on 309 of the 1,923 say-on-pay items it marked either way. A further 16 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Russell Investments vote against management?

7.6% of the time in the year to 30 June 2024: 11,469 of the 151,314 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 Russell Investments support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 832 votes on proposals from security holders in the year to 30 June 2024 and voted for 168 of them (20.2%). Across every category it voted for 35.3% 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 Russell Investments 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 Russell Investments, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.