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MFG FUNDS, INC.
fund voting report
- Vote records reported
- 1,992year to 30 June 2026
- Against management
- 8.9%145 of 1,621 marked votes
- Say-on-pay support
- 94.4%for, of for + against + abstain
- Shareholder-proposal support
- 42.6%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
MFG FUNDS, INC. reported 1,992 vote records for the year to 30 June 2026. It marked 8.9% of its votes as cast against management (145 of 1,621), 2.7 percentage points above the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 5.0%. 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 94.4% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 42.6% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in AUDIT-RELATED (47.8% of 113), CORPORATE GOVERNANCE (14.4% of 202) and OTHER SOCIAL ISSUES (14.3% of 28).
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.
| year to 30 June 2026 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 8.9% | 6.2% | 10.6% |
| Say-on-pay support rate | 94.4% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 42.6% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 0.00% | 0.00% | 3.12% |
| 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% |
Of the 1,992 vote records in this filing, 366 carry something the form does not expect: a missing vote source or category, a record with no vote line, a meeting date that cannot be read, or a security identifier this site could not use. They are counted as filed. What is checked
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 | 889 | 852 | 30 | 4.1% | |
| SECTION 14A SAY-ON-PAY VOTES | 108 | 102 | 6 | 6.5% | |
| AUDIT-RELATED | 115 | 60 | 54 | 47.8% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 5 | 4 | 1 | 40.0% | |
| EXTRAORDINARY TRANSACTIONS | 10 | 7 | 0 | 30.0% | |
| CAPITAL STRUCTURE | 153 | 149 | 0 | 2.6% | |
| COMPENSATION | 75 | 70 | 5 | 6.7% | |
| CORPORATE GOVERNANCE | 202 | 180 | 19 | 14.4% | |
| ENVIRONMENT OR CLIMATE | 14 | 8 | 6 | 14.3% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 9 | 2 | 7 | 22.2% | |
| DIVERSITY, EQUITY, AND INCLUSION | 2 | 1 | 1 | 50.0% | |
| OTHER SOCIAL ISSUES | 28 | 15 | 13 | 14.3% | |
| OTHER | 73 | 65 | 4 | 5.5% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 2,270 | 6.3% | 88.8% | 28.5% | |
| year to 30 June 2025 | 1,965 | 4.3% | 93.0% | 37.0% | |
| year to 30 June 2026 | 1,992 | 8.9% | 94.4% | 42.6% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, MFG FUNDS, INC. voted against management on 5 of the 96 it marked either way (5.2%) in the year to 30 June 2026.
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. 20 May 2026
- UnitedHealth Group Incorporated 1 Jun 2026
- American Electric Power Company, Inc. 28 Apr 2026
- Universal Music Group NV 13 May 2026
- Acea SpA 3 Jun 2026
Shareholder proposals it supported
Of 62 proposals from security holders that could be told apart in the filings and on which it cast a vote, MFG FUNDS, INC. voted for 25 (40.3%). 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 | 5 Dec 2025 | Report on Al Data Usage Oversight |
| Amazon.com, Inc. | 20 May 2026 | Shareholder proposal requesting additional reporting on impact of data centers on climate commitments |
| Visa Inc. | 27 Jan 2026 | Require Independent Board Chair |
| UnitedHealth Group Incorporated | 1 Jun 2026 | If properly presented at the 2026 Annual Meeting of Shareholders, the shareholder proposal requesting the... |
| NextEra Energy, Inc. | 21 May 2026 | Report on Plans to Reduce and Align GHG Emissions with Paris Agreement Goals |
| S&P Global Inc. | 20 May 2026 | Vote on a shareholder proposal to reduce the stock ownership threshold for calling a special shareholder... |
| Mondelez International, Inc. | 20 May 2026 | Shareholder proposal requesting adoption of an independent board chairman policy |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding annual vote regarding executive pay. |
| Meta Platforms, Inc. | 27 May 2026 | Shareholder Proposal Regarding Data Protection Impact Assessment |
| Meta Platforms, Inc. | 27 May 2026 | Shareholder proposal: OTHER SOCIAL ISSUES |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding dual class capital structure. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding report on Al data usage oversight. |
| THE SOUTHERN COMPANY | 13 May 2026 | Stockholder proposal regarding independent board chairman |
| Intercontinental Exchange, Inc. | 15 May 2026 | A stockholder proposal regarding independent board chairman |
| Dominion Energy, Inc. | 5 May 2026 | Shareholder Proposal Regarding a Policy for an Independent Chair |
| Yum! Brands, Inc. | 14 May 2026 | Shareholder Proposal to Reduce the Percentage of Shares Required to Call a Special Meeting. |
| Sempra | 12 May 2026 | Shareholder proposal requesting an independent board chairman |
| Dollar General Corporation | 28 May 2026 | To vote on a shareholder proposal asking the Board to take the steps necessary to reduce the minimum... |
| Dollar General Corporation | 28 May 2026 | To vote on a shareholder proposal asking the Board to report on the feasibility of adopting a... |
| Dollar General Corporation | 28 May 2026 | Shareholder proposal: CORPORATE GOVERNANCE |
| Zimmer Biomet Holdings, Inc. | 22 May 2026 | Shareholder Proposal on Independent Board Chairman. |
| Eversource Energy | 6 May 2026 | Shareholder Proposal Regarding Independent Chair |
| FirstEnergy Corp. | 20 May 2026 | Independent Board Chairman |
| OGE Energy Corp. | 14 May 2026 | Shareholder Proposal Regarding Simple Majority Vote. |
| TERNA Rete Elettrica Nazionale SpA | 12 May 2026 | Shareholder proposal: AUDIT-RELATED |
Shares on loan
MFG FUNDS, INC. reported no shares on loan for the year to 30 June 2026. 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.
Fund series in this filing
2 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.
| Series | Vote records | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|---|
| MFG Core Infrastructure Fund | 1,524 | 8.3% | 96.3% | 40.0% |
| MFG Global Sustainable Fund | 468 | 10.9% | 87.0% | 40.9% |
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 13 Aug 2026 accession 0001438934-26-000763
- Every N-PX filing by this filer on EDGAR
Questions
How did MFG FUNDS, INC. vote on executive pay?
In the year to 30 June 2026 MFG FUNDS, INC. reported 107 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 101 were for (94.4%), 6 against and 0 abstentions. Counting one item per company meeting, it voted against management on 5 of the 96 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 MFG FUNDS, INC. vote against management?
8.9% of the time in the year to 30 June 2026: 145 of the 1,621 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 MFG FUNDS, INC. support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 8 votes on proposals from security holders in the year to 30 June 2026 and voted for 2 of them (25.0%). Across every category it voted for 42.6% 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 this filer 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.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by MFG FUNDS, INC. (filer no. 1014913), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.