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Virtus
One season of the Virtus record. The family page shows the latest season.
- Vote records reported
- 51,206year to 30 June 2025
- Against management
- 7.3%3,364 of 45,845 marked votes
- Say-on-pay support
- 89.5%for, of for + against + abstain
- Shareholder-proposal support
- 32.7%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Virtus reported 51,206 vote records for the year to 30 June 2025. It marked 7.3% of its votes as cast against management (3,364 of 45,845), close to the median of the fund families tracked here, which was 7.6%.
Weighted by the number of shares voted, the against-management share is 11.4%. 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 89.5% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.8%) and it voted for 32.7% 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 SHAREHOLDER RIGHTS AND DEFENSES (21.0% of 162), HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (17.9% of 224) and COMPENSATION (16.0% of 2,543).
It reported 69.8 million shares out on loan at record dates, 0.32% 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 | 7.3% | 7.6% | 9.7% |
| Say-on-pay support rate | 89.5% | 88.8% | 84.3% |
| Shareholder-proposal support rate | 32.7% | 29.5% | 33.0% |
| Shares on loan, share of shares held | 0.32% | 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 | 29,985 | 28,173 | 891 | 5.5% | |
| SECTION 14A SAY-ON-PAY VOTES | 5,752 | 4,874 | 562 | 11.0% | |
| AUDIT-RELATED | 3,786 | 3,736 | 43 | 1.3% | |
| INVESTMENT COMPANY MATTERS | 44 | 44 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 286 | 235 | 36 | 21.0% | |
| EXTRAORDINARY TRANSACTIONS | 238 | 203 | 29 | 13.2% | |
| CAPITAL STRUCTURE | 2,586 | 2,404 | 177 | 7.2% | |
| COMPENSATION | 2,692 | 2,205 | 481 | 16.0% | |
| CORPORATE GOVERNANCE | 4,629 | 4,027 | 577 | 10.3% | |
| ENVIRONMENT OR CLIMATE | 757 | 128 | 629 | 7.6% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 241 | 99 | 142 | 17.9% | |
| DIVERSITY, EQUITY, AND INCLUSION | 481 | 94 | 386 | 7.9% | |
| OTHER SOCIAL ISSUES | 889 | 277 | 611 | 15.3% | |
| OTHER | 144 | 105 | 29 | 3.6% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 51,481 | 8.0% | 90.2% | 42.2% | |
| year to 30 June 2025 | 51,206 | 7.3% | 89.5% | 32.7% | |
| year to 30 June 2026 | 53,396 | 7.5% | 90.4% | 29.1% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Virtus voted against management on 101 of the 889 it marked either way (11.4%) in the year to 30 June 2025. The 40 companies with the most reporting filers are listed.
A further 162 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- Amazon.com, Inc. 21 May 2025
- NVIDIA Corporation 25 Jun 2025
- Meta Platforms, Inc. 28 May 2025
- JPMorgan Chase & Co. 20 May 2025
- UnitedHealth Group Incorporated 2 Jun 2025
- Eli Lilly and Company 5 May 2025
- Bank of America Corporation 22 Apr 2025
- Salesforce, Inc. 5 Jun 2025
- Walmart Inc. 5 Jun 2025
- Thermo Fisher Scientific Inc. 21 May 2025
- Oracle Corporation 14 Nov 2024
- Pfizer Inc. 24 Apr 2025
- Wells Fargo & Company 29 Apr 2025
- Amgen Inc. 23 May 2025
- GE Aerospace 6 May 2025
- CATERPILLAR INC. 11 Jun 2025
- Morgan Stanley 15 May 2025
- The Goldman Sachs Group, Inc. 23 Apr 2025
- Deere & Company 26 Feb 2025
- BlackRock, Inc. 15 May 2025
- 3M Company 13 May 2025
- CVS Health Corporation 15 May 2025
- The Progressive Corporation 9 May 2025
- Palo Alto Networks, Inc. 10 Dec 2024
- Analog Devices, Inc. 12 Mar 2025
- Constellation Energy Corporation 29 Apr 2025
- Chipotle Mexican Grill, Inc. 11 Jun 2025
- Arista Networks, Inc. 30 May 2025
- Capital One Financial Corporation 8 May 2025
- Valero Energy Corporation 6 May 2025
- Truist Financial Corporation 29 Apr 2025
- L3Harris Technologies, Inc. 18 Apr 2025
- Simon Property Group, Inc. 14 May 2025
- Marvell Technology, Inc. 13 Jun 2025
- Airbnb, Inc. 4 Jun 2025
- Rockwell Automation, Inc. 4 Feb 2025
- DEVON ENERGY CORPORATION 4 Jun 2025
- The Estee Lauder Companies Inc. 8 Nov 2024
- Workday, Inc. 4 Jun 2025
- Block, Inc. 17 Jun 2025
Shareholder proposals it supported
Of 469 proposals from security holders that could be told apart in the filings and on which it cast a vote, Virtus voted for 162 (34.5%). 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 | 10 Dec 2024 | Report on Data Operations in Human Rights Hotspots |
| 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. |
| NVIDIA Corporation | 25 Jun 2025 | S/H Proposal - Corporate Governance |
| 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 Al data usage oversight. |
| 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. |
| JPMorgan Chase & Co. | 20 May 2025 | Report on social impacts of transition finance |
| AbbVie Inc. | 9 May 2025 | Stockholder Proposal - to Implement Simple Majority Vote |
| The Procter & Gamble Company | 8 Oct 2024 | Shareholder Proposal - Pay Gap Reporting |
| CHEVRON CORPORATION | 28 May 2025 | Allow Holders of 10 Percent of Our Common Stock to Call Special Meetings |
| PEPSICO, INC. | 7 May 2025 | Shareholder Proposal - Third-Party Racial Equity Audit. |
| Oracle Corporation | 14 Nov 2024 | S/H Proposal - Environmental |
| Wells Fargo & Company | 29 Apr 2025 | Shareholder Proposal - Annual Report on Prevention of Workplace Harassment and Discrimination. |
| Wells Fargo & Company | 29 Apr 2025 | Shareholder Proposal - Report on Respecting Indigenous Peoples' Rights. |
| Wells Fargo & Company | 29 Apr 2025 | Shareholder Proposal - Energy Supply Ratio. |
| Wells Fargo & Company | 29 Apr 2025 | Shareholder Proposal - Annual Report on Congruency of Political Spending and Corporate Values. |
| 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 |
| Intuitive Surgical, Inc. | 1 May 2025 | The stockholder proposal that is titled "requesting a shareholder approval requirement for excessive... |
| CATERPILLAR INC. | 11 Jun 2025 | Shareholder Proposal - Civil Rights Audit |
| 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. |
| Advanced Micro Devices, Inc. | 14 May 2025 | Amend Right to Call Special Meeting |
| Gilead Sciences, Inc. | 7 May 2025 | To vote on a stockholder proposal requesting a comprehensive human rights policy and human rights due... |
| Gilead Sciences, Inc. | 7 May 2025 | To vote on a stockholder proposal requesting an independent Board Chair policy |
| The Charles Schwab Corporation | 22 May 2025 | Stockholder proposal requesting declassification of the board of directors |
| Deere & Company | 26 Feb 2025 | Shareholder proposal on a civil rights audit |
| Deere & Company | 26 Feb 2025 | S/h proposal - create a non-discriminatory sexual orientation policy" |
| 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. |
| PayPal Holdings, Inc. | 5 Jun 2025 | Stockholder Proposal - Reduce Threshold to Call Special Meetings of Stockholders. |
| Booking Holdings Inc. | 3 Jun 2025 | Reduce Ownership Threshold for Shareholders to Call Special Meeting |
| 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." |
| Vertex Pharmaceuticals Incorporated | 14 May 2025 | Shareholder proposal, if properly presented at the meeting, regarding excessive golden parachutes. |
| Prologis, Inc. | 8 May 2025 | Vote on a stockholder proposal titled "Support a Reasonable Shareholder Ability to Call for a Special... |
Shares on loan
Virtus reported 69.8 million shares on loan at record dates against 21.59 billion shares voted: 0.32% 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 Virtus vote on executive pay?
In the year to 30 June 2025 Virtus reported 5,446 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 4,874 were for (89.5%), 562 against and 10 abstentions. Counting one item per company meeting, it voted against management on 101 of the 889 say-on-pay items it marked either way. A further 162 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does Virtus vote against management?
7.3% of the time in the year to 30 June 2025: 3,364 of the 45,845 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 Virtus support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 684 votes on proposals from security holders in the year to 30 June 2025 and voted for 56 of them (8.2%). Across every category it voted for 32.7% 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 Virtus 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 Virtus, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.