Vote Scores

Home / Vanguard / VANGUARD WELLINGTON FUND

Form N-PX · fund registrantSEC filer no. 105563

VANGUARD WELLINGTON FUND

fund voting report, part of Vanguard

Vote records reported
36,301year to 30 June 2026
Against management
1.6%596 of 36,126 marked votes
Say-on-pay support
98.3%for, of for + against + abstain
Shareholder-proposal support
7.5%for, of for + against + abstain
94.9% for3.3% against1.8% other1.6% against management36,166 votes

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

In its Form N-PX for the year to 30 June 2026, VANGUARD WELLINGTON FUND listed 36,301 vote records. Votes against management made up 1.6% of those marked either way (596 of 36,126); the median fund registrant stood at 6.2%.

Weighted by the number of shares voted, the against-management share is 4.2%. 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 98.3% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 7.5% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (22.0% of 132), CAPITAL STRUCTURE (6.3% of 400) and CORPORATE GOVERNANCE (5.9% of 1,152).

It reported 16.1 million shares out on loan at record dates, 0.15% 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 1,241 fund registrants with at least 25 vote records in the season.

year to 30 June 2026This filerMedian fund registrantAll filers pooled
Against-management share1.6%6.2%10.6%
Say-on-pay support rate98.3%91.6%86.0%
Shareholder-proposal support rate7.5%27.5%33.9%
Shares on loan, share of shares held0.15%0.00%3.12%
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 ELECTIONS23,45823,0901301.4%
SECTION 14A SAY-ON-PAY VOTES6,1705,678981.9%
AUDIT-RELATED3,1073,10600.0%
SHAREHOLDER RIGHTS AND DEFENSES1341072722.0%
EXTRAORDINARY TRANSACTIONS16515694.2%
CAPITAL STRUCTURE40339386.3%
COMPENSATION1,2001,147492.2%
CORPORATE GOVERNANCE1,1647214325.9%
ENVIRONMENT OR CLIMATE22372160.4%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE967892.1%
DIVERSITY, EQUITY, AND INCLUSION12151160.0%
OTHER SOCIAL ISSUES277152620.7%
OTHER110not reported

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202430,4112.6%98.4%6.9%
year to 30 June 202533,3551.2%98.5%7.7%
year to 30 June 202636,3011.6%98.3%7.5%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, VANGUARD WELLINGTON FUND voted against management on 28 of the 1,401 it marked either way (2.0%) in the year to 30 June 2026.

Shareholder proposals it supported

Of 357 proposals from security holders that could be told apart in the filings and on which it cast a vote, VANGUARD WELLINGTON FUND voted for 42 (11.8%). 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
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting...
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
Eli Lilly and Company4 May 2026Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair.
Netflix, Inc.4 Jun 2026Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent,"
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Independent Board Chair
Tesla, Inc.6 Nov 2025A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to...
Tesla, Inc.6 Nov 2025Declassify the Board of Directors
Tesla, Inc.6 Nov 2025Shareholder proposal: CORPORATE GOVERNANCE
Advanced Micro Devices, Inc.13 May 2026Stockholder proposal requesting changes to the stockholder right to call a special meeting.
QUALCOMM Incorporated17 Mar 2026Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting."
Wells Fargo & Company28 Apr 2026Require Independent Board Chair
Wells Fargo & Company28 Apr 2026Shareholder Proposal - Energy Supply Ratio.
Texas Instruments Incorporated16 Apr 2026Stockholder proposal to permit stockholders to act by written consent.
Morgan Stanley14 May 2026Shareholder proposal requesting an independent Board Chairman
PALANTIR TECHNOLOGIES INC.3 Jun 2026Stockholder proposal entitled "Human Rights Impact Assessment,"
PALANTIR TECHNOLOGIES INC.3 Jun 2026Stockholder proposal entitled "Independent Report on Due Diligence Process,"
PALANTIR TECHNOLOGIES INC.3 Jun 2026Stockholder proposal entitled "Political Spending Disclosure,"
Micron Technology, Inc.15 Jan 2026Reduce Ownership Threshold for Shareholders to Call Special Meeting
EXXON MOBIL CORPORATION27 May 2026Require Independent Board Chair
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding annual vote regarding executive pay.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding dual class capital structure.
United Parcel Service, Inc.7 May 2026To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.
FORD MOTOR COMPANY14 May 2026A shareholder proposal relating to a request that the Board take steps to implement one vote per share for...
Northrop Grumman Corporation20 May 2026Shareholder proposal to provide for an independent Board chair.
Snowflake Inc.29 Jun 2026To consider and vote on, if properly presented at the meeting, a non-binding stockholder proposal...
Cintas Corporation28 Oct 2025A shareholder proposal regarding support for shareholder ability to call for a special shareholder meeting.
Airbnb, Inc.5 Jun 2026Dual-class sunset; and
Keysight Technologies, Inc.19 Mar 2026Consider, on a non-binding advisory basis, a Stockholder Proposal: Shareholder Ability to Call for a...
ON Semiconductor Corporation14 May 2026To vote on a stockholder proposal regarding simple majority voting
lululemon athletica inc.25 Jun 2026Declassify the Board of Directors
Zscaler, Inc.12 Jan 2026To vote on a non-binding stockholder proposal requesting the declassification of our board of directors.
HubSpot, Inc.15 Jun 2026A stockholder proposal to change the Company's Sixth Amended and Restated Bylaws to allow 10% holders of...
Norwegian Cruise Line Holdings Ltd.11 Jun 2026A shareholder proposal requesting the declassification of our board of directors
Henry Schein, Inc.21 May 2026Proposal to approve, by non-binding vote, a shareholder proposal to Govern by Majority Vote.
Five Below, Inc.16 Jun 2026Shareholder proposal requesting that provisions in the Company's governance documents requiring greater...
Eagle Materials Inc.4 Aug 2025Non-binding advisory stockholder proposal requesting the declassification of our Board of Directors.
Mohawk Industries, Inc.21 May 2026Stockholder proposal regarding a majority vote standard.
PENN Entertainment, Inc.16 Jun 2026Declassify the board of directors
Columbia Sportswear Company10 Jun 2026Shareholder proposal regarding proxy access.
Calix, Inc.14 May 2026To hold an advisory vote on a stockholder proposal relating to a simple majority vote.

Shares on loan

VANGUARD WELLINGTON FUND reported 16.1 million shares on loan at record dates against 10.47 billion shares voted: 0.15% of the two together. Median fund registrant: 0.00%. 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

7 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.

SeriesVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
VANGUARD U.S. VALUE FACTOR ETF7,7821.0%99.2%6.6%
VANGUARD U.S. MULTIFACTOR ETF6,9131.3%99.3%5.2%
VANGUARD U.S. MOMENTUM FACTOR ETF6,8242.1%98.1%5.1%
VANGUARD U.S. MULTIFACTOR FUND6,7231.4%99.2%4.6%
VANGUARD U.S. QUALITY FACTOR ETF4,5201.5%98.9%9.1%
VANGUARD U.S. MINIMUM VOLATILITY ETF2,3492.1%97.1%4.7%
VANGUARD WELLINGTON FUND1,1906.2%88.2%22.0%

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.

Questions

How did VANGUARD WELLINGTON FUND vote on executive pay?

In the year to 30 June 2026 VANGUARD WELLINGTON FUND reported 5,776 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 5,678 were for (98.3%), 98 against and 0 abstentions. Counting one item per company meeting, it voted against management on 28 of the 1,401 say-on-pay items it marked either way.

How often does VANGUARD WELLINGTON FUND vote against management?

1.6% of the time in the year to 30 June 2026: 596 of the 36,126 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 VANGUARD WELLINGTON FUND support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 217 votes on proposals from security holders in the year to 30 June 2026 and voted for 1 of them (0.5%). Across every category it voted for 7.5% 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 VANGUARD WELLINGTON FUND (filer no. 105563), 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.