Vote Scores

Home / State Street and SPDR / SPDR SERIES TRUST

Form N-PX · fund registrantSEC filer no. 1064642

SPDR SERIES TRUST

fund voting report, part of State Street and SPDR

Vote records reported
151,424year to 30 June 2026
Against management
28.8%60,479 of 210,329 marked votes
Say-on-pay support
66.9%for, of for + against + abstain
Shareholder-proposal support
43.6%for, of for + against + abstain
70.3% for23.3% against6.4% other28.8% against management210,609 votes

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

For the year to 30 June 2026, SPDR SERIES TRUST reported 151,424 vote records on Form N-PX. 60,479 of the 210,329 votes that were marked for or against management went against management: 28.8%, 22.5 percentage points above the median fund registrant (6.2%).

Weighted by the number of shares voted, the against-management share is 6.2%. 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 66.9% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 43.6% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (40.9% of 727), CORPORATE GOVERNANCE (39.3% of 9,679) and AUDIT-RELATED (38.2% of 21,916).

It reported 43.96 billion shares out on loan at record dates, 53.97% 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 share28.8%6.2%10.6%
Say-on-pay support rate66.9%91.6%86.0%
Shareholder-proposal support rate43.6%27.5%33.9%
Shares on loan, share of shares held53.97%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 ELECTIONS143,906106,58924,73525.9%
SECTION 14A SAY-ON-PAY VOTES20,72113,2916,56832.0%
AUDIT-RELATED21,94413,5658,36838.2%
SHAREHOLDER RIGHTS AND DEFENSES70445324328.3%
EXTRAORDINARY TRANSACTIONS1,012921917.4%
CAPITAL STRUCTURE2,2561,93532114.5%
COMPENSATION7,8704,9212,94737.2%
CORPORATE GOVERNANCE9,8315,7643,98739.3%
ENVIRONMENT OR CLIMATE1,50452398131.8%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE72734038740.9%
DIVERSITY, EQUITY, AND INCLUSION75720154720.2%
OTHER SOCIAL ISSUES1,8856211,26429.9%
OTHER63401331.8%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 2024177,16333.6%78.3%40.3%
year to 30 June 2025172,02325.0%71.9%42.7%
year to 30 June 2026151,42428.8%66.9%43.6%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, SPDR SERIES TRUST voted against management on 93 of the 1,853 it marked either way (5.0%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

Shareholder proposals it supported

Of 428 proposals from security holders that could be told apart in the filings and on which it cast a vote, SPDR SERIES TRUST voted for 78 (18.2%). 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 a report on AI data usage oversight
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on AI-generated misinformation
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
Berkshire Hathaway Inc.2 May 2026Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework...
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
PALANTIR TECHNOLOGIES INC.3 Jun 2026Stockholder proposal entitled "Human Rights Impact Assessment,"
PALANTIR TECHNOLOGIES INC.3 Jun 2026Stockholder proposal entitled "Political Spending Disclosure,"
Starbucks Corporation25 Mar 2026Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority...
Palo Alto Networks, Inc.9 Dec 2025To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding...
Meta Platforms, Inc.27 May 2026Shareholder proposal: OTHER SOCIAL ISSUES
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding disclosure of voting results by share class.
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.
O'Reilly Automotive, Inc.14 May 2026Shareholder proposal entitled "Avoid Brand Damage due to Corporate Political Spending."
FORD MOTOR COMPANY14 May 2026A shareholder proposal relating to a request that the Board take steps to implement one vote per share for...
FORD MOTOR COMPANY14 May 2026A shareholder proposal relating to public disclosure by share class of voting results on matters subject...
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.
AppLovin Corporation3 Jun 2026Stockholder proposal regarding disclosure of voting results by class of shares
Airbnb, Inc.5 Jun 2026Dual-class sunset; and
Datadog, Inc.15 Jun 2026The stockholder proposal, if properly presented at the Annual Meeting, requesting the adoption of a simple...
NRG Energy, Inc.30 Apr 2026To vote on a stockholder proposal to give shareholders the ability to call for a special shareholder meeting
Keysight Technologies, Inc.19 Mar 2026Consider, on a non-binding advisory basis, a Stockholder Proposal: Shareholder Ability to Call for a...
Charter Communications, Inc.21 Apr 2026Stockholder proposal regarding political expenditures report.
Workday, Inc.16 Jun 2026To consider and vote upon a stockholder proposal regarding disclosure of voting results based on share class.
Lennar Corporation8 Apr 2026Vote on a stockholder proposal on Disclosure of Voting Result by Share Class.
Lennar Corporation8 Apr 2026Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES
ON Semiconductor Corporation14 May 2026To vote on a stockholder proposal regarding simple majority voting
Steel Dynamics, Inc.6 May 2026Shareholder proposal - avoid political spending brand damage
Albemarle Corporation5 May 2026Shareholder Proposal regarding shareholders ability to call for a special shareholder meeting.
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.
Tyson Foods, Inc.5 Feb 2026Shareholder proposal regarding disclosure of voting results based on class of shares.
Markel Group Inc.20 May 2026Shareholder proposal for a report on the Company's strategies and action plans to mitigate material...
HubSpot, Inc.15 Jun 2026A stockholder proposal to change the Company's Sixth Amended and Restated Bylaws to allow 10% holders of...
BJ's Wholesale Club Holdings, Inc.18 Jun 2026Vote on a shareholder proposal regarding adopting a majority voting standard
Norwegian Cruise Line Holdings Ltd.11 Jun 2026A shareholder proposal requesting the declassification of our board of directors

Shares on loan

SPDR SERIES TRUST reported 43.96 billion shares on loan at record dates against 37.49 billion shares voted: 53.97% 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

59 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
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF14,85432.4%66.0%44.9%
State Street SPDR S&P 1500 Momentum Tilt ETF14,57327.4%67.7%44.9%
State Street SPDR S&P 1500 Value Tilt ETF14,36232.3%66.1%44.8%
State Street SPDR Russell 1000 Momentum Focus ETF9,96618.3%70.0%46.2%
State Street SPDR MSCI USA StrategicFactors ETF6,37130.6%62.9%43.9%
State Street SPDR Portfolio S&P 500 ETF6,19330.6%63.0%44.0%
State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF5,99030.6%63.6%44.0%
State Street SPDR Portfolio S&P 500 Value ETF5,35529.9%63.0%44.4%
State Street SPDR Russell 1000 Low Volatility Focus ETF5,07131.4%66.4%47.7%
State Street SPDR Portfolio S&P 600 Small Cap ETF4,93634.7%68.4%50.9%
State Street SPDR S&P Kensho New Economies Composite ETF4,48730.4%62.1%42.9%
State Street SPDR S&P 500 ESG ETF3,89216.8%72.0%44.5%
State Street SPDR S&P 600 Small Cap Value ETF3,75135.2%67.9%50.0%
State Street SPDR Portfolio S&P 400 Mid Cap ETF3,71932.0%66.6%46.7%
State Street SPDR Russell 1000 Yield Focus ETF3,35927.9%68.2%46.8%
State Street SPDR S&P SmallCap 600 ESG ETF3,1429.6%86.1%56.8%
State Street SPDR Portfolio S&P Sector Neutral Dividend ETF2,8313.3%97.8%4.2%
State Street SPDR S&P 400 Mid Cap Value ETF2,80332.7%66.4%47.6%
State Street SPDR MSCI USA Gender Diversity Index ETF2,79428.5%64.5%42.5%
State Street SPDR US Small Cap Low Volatility Index ETF2,77933.5%68.3%53.8%
State Street SPDR S&P 600 Small Cap Growth ETF2,74734.0%68.6%52.4%
State Street SPDR Global Dow ETF2,3375.0%94.7%10.8%
State Street SPDR US Large Cap Low Volatility Index ETF2,15826.7%66.4%43.3%
State Street SPDR S&P 400 Mid Cap Growth ETF2,12131.9%67.0%42.9%
State Street SPDR S&P Dividend ETF1,80030.4%67.5%43.4%
State Street SPDR Portfolio S&P 500 Growth ETF1,76431.8%64.1%42.1%
State Street SPDR MSCI USA Climate Paris Aligned ETF1,76129.9%62.1%42.9%
State Street SPDR S&P Software & Services ETF1,19530.9%58.5%43.3%
State Street SPDR Portfolio S&P 500 High Dividend ETF1,03431.9%63.3%46.3%
State Street SPDR Dow Jones REIT ETF1,0193.4%97.0%not reported
State Street SPDR S&P Biotech ETF1,01638.1%59.9%45.5%
State Street SPDR S&P Retail ETF84724.1%66.7%44.1%
State Street SPDR S&P Kensho Smart Mobility ETF84131.4%61.4%40.6%
State Street SPDR FactSet Innovative Technology ETF73829.5%58.1%43.8%
State Street SPDR S&P Health Care Equipment ETF68130.2%68.9%50.0%
State Street SPDR S&P Kensho Future Security ETF67032.9%63.7%43.5%
State Street SPDR S&P Insurance ETF62015.1%76.5%47.6%
State Street SPDR S&P Capital Markets ETF59914.9%82.7%0.0%
State Street SPDR S&P Health Care Services ETF59425.9%63.5%44.0%
State Street SPDR NYSE Technology ETF51935.5%53.7%39.5%
State Street SPDR S&P Oil & Gas Exploration & Production ETF51821.7%75.8%50.0%
State Street SPDR S&P Transportation ETF50533.7%67.8%46.7%
State Street SPDR S&P Pharmaceuticals ETF50135.3%60.2%43.8%
State Street SPDR S&P Kensho Clean Power ETF44132.0%62.0%36.7%
State Street SPDR S&P Semiconductor ETF42931.3%63.6%44.1%
State Street SPDR S&P Kensho Intelligent Structures ETF42722.1%72.0%42.9%
State Street SPDR S&P Homebuilders ETF36930.8%65.4%46.7%
State Street SPDR S&P Aerospace & Defense ETF36632.2%58.7%46.2%
State Street SPDR S&P Telecom ETF36528.2%66.7%43.8%
State Street SPDR S&P Kensho Final Frontiers ETF34130.8%63.3%46.7%
State Street SPDR S&P Oil & Gas Equipment & Services ETF34116.5%82.4%not reported
State Street SPDR S&P Metals & Mining ETF32128.6%75.6%not reported
State Street SPDR S&P Bank ETF1156.7%100.0%not reported
State Street SPDR Bloomberg Convertible Securities ETF340.0%not reportednot reported
State Street SPDR Bloomberg High Yield Bond ETF180.0%not reportednot reported
State Street SPDR ICE Preferred Securities ETF1338.1%not reportednot reported
State Street SPDR Bloomberg Short Term High Yield Bond ETF110.0%not reportednot reported
State Street SPDR S&P Regional Banking ETF1047.4%not reportednot reported
State Street SPDR Portfolio High Yield Bond ETF1010.0%not reportednot reported

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 SPDR SERIES TRUST vote on executive pay?

In the year to 30 June 2026 SPDR SERIES TRUST reported 19,870 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 13,291 were for (66.9%), 6,568 against and 11 abstentions. Counting one item per company meeting, it voted against management on 93 of the 1,853 say-on-pay items it marked either way.

How often does SPDR SERIES TRUST vote against management?

28.8% of the time in the year to 30 June 2026: 60,479 of the 210,329 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 SPDR SERIES TRUST support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 1,458 votes on proposals from security holders in the year to 30 June 2026 and voted for 478 of them (32.8%). Across every category it voted for 43.6% 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 SPDR SERIES TRUST (filer no. 1064642), 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.