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Tax-Managed Value Portfolio
fund voting report
- Vote records reported
- 977year to 30 June 2026
- Against management
- 7.0%68 of 977 marked votes
- Say-on-pay support
- 92.5%for, of for + against + abstain
- Shareholder-proposal support
- 36.3%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Tax-Managed Value Portfolio reported 977 vote records for the year to 30 June 2026. It marked 7.0% of its votes as cast against management (68 of 977), close to the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 7.0%. 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 92.5% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 36.3% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in CORPORATE GOVERNANCE (29.6% of 54), OTHER SOCIAL ISSUES (21.1% of 38) and ENVIRONMENT OR CLIMATE (13.8% of 29).
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 | 7.0% | 6.2% | 10.6% |
| Say-on-pay support rate | 92.5% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 36.3% | 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% |
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 | 693 | 665 | 23 | 4.0% | |
| SECTION 14A SAY-ON-PAY VOTES | 71 | 62 | 5 | 7.0% | |
| AUDIT-RELATED | 70 | 70 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 6 | 4 | 2 | 33.3% | |
| EXTRAORDINARY TRANSACTIONS | 1 | 1 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 7 | 7 | 0 | 28.6% | |
| COMPENSATION | 29 | 26 | 3 | 10.3% | |
| CORPORATE GOVERNANCE | 54 | 39 | 15 | 29.6% | |
| ENVIRONMENT OR CLIMATE | 29 | 5 | 24 | 13.8% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 9 | 3 | 6 | 22.2% | |
| DIVERSITY, EQUITY, AND INCLUSION | 13 | 1 | 12 | 0.0% | |
| OTHER SOCIAL ISSUES | 38 | 9 | 29 | 21.1% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 1,010 | 11.7% | 90.2% | 42.5% | |
| year to 30 June 2025 | 945 | 6.6% | 93.8% | 31.3% | |
| year to 30 June 2026 | 977 | 7.0% | 92.5% | 36.3% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Tax-Managed Value Portfolio voted against management on 5 of the 67 it marked either way (7.5%) in the year to 30 June 2026.
- Alphabet Inc. 5 Jun 2026
- Visa Inc. 27 Jan 2026
- Oracle Corporation 18 Nov 2025
- Salesforce, Inc. 28 May 2026
- Chewy, Inc. 10 Jul 2025
Shareholder proposals it supported
Of 90 proposals from security holders that could be told apart in the filings and on which it cast a vote, Tax-Managed Value Portfolio voted for 32 (35.6%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| Amazon.com, Inc. | 20 May 2026 | Shareholder proposal requesting a mandatory independent board chair policy |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on AI data usage oversight |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| Visa Inc. | 27 Jan 2026 | Shareholder proposal on shareholder right to act by written consent. |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to prepare an annual lobbying report. |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair. |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Biodiversity Impact and Dependency Assessment |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Report on Packaging Policies for Plastics |
| CHEVRON CORPORATION | 27 May 2026 | Commission a Third-Party Report on Human Rights Processes |
| CHEVRON CORPORATION | 27 May 2026 | Report on Indigenous Peoples' Rights |
| QUALCOMM Incorporated | 17 Mar 2026 | Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting." |
| Wells Fargo & Company | 28 Apr 2026 | Require Independent Board Chair |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Lobbying Disclosure |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Special Shareholder Meeting Thresholds |
| Lowe's Companies, Inc. | 29 May 2026 | Shareholder Proposal requesting a report describing how the Company could disclose its plastic packaging... |
| HONEYWELL INTERNATIONAL INC. | 22 May 2026 | Shareowner Proposal - Shareholder Right to Act by Written Consent. |
| Micron Technology, Inc. | 15 Jan 2026 | Reduce Ownership Threshold for Shareholders to Call Special Meeting |
| Boston Scientific Corporation | 30 Apr 2026 | Stockholder proposal titled "Give Shareholders the Ability to Call for a Special Shareholder Meeting." |
| 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 disclosure of voting results by share class. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding dual class capital structure. |
| Zoetis Inc. | 20 May 2026 | Shareholder proposal to permit shareholder action by written consent. |
| The Travelers Companies, Inc. | 20 May 2026 | Shareholder proposal relating to a report on climate-related pricing and coverage decisions, if presented... |
| Otis Worldwide Corporation | 27 May 2026 | Shareholder proposal regarding reporting on political contributions and expenditures |
| eBay Inc. | 17 Jun 2026 | Special stockholder meeting threshold |
| NRG Energy, Inc. | 30 Apr 2026 | To vote on a stockholder proposal to give shareholders the ability to call for a special shareholder meeting |
| Cboe Global Markets, Inc. | 14 May 2026 | Stockholder proposal regarding shareholder right to act by written consent. |
| Avery Dennison Corporation | 30 Apr 2026 | Require Independent Board Chair |
| CMS Energy Corporation | 8 May 2026 | Vote on a Shareholder Proposal: Shareholder Right to Act by Written Consent. |
| Steel Dynamics, Inc. | 6 May 2026 | Shareholder proposal - avoid political spending brand damage |
Shares on loan
Tax-Managed Value Portfolio 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
1 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 |
|---|---|---|---|---|
| Tax-Managed Value Portfolio | 977 | 7.0% | 92.5% | 36.3% |
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 3 Aug 2026 accession 0001140361-26-030870
- Every N-PX filing by this filer on EDGAR
Questions
How did Tax-Managed Value Portfolio vote on executive pay?
In the year to 30 June 2026 Tax-Managed Value Portfolio reported 67 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 62 were for (92.5%), 5 against and 0 abstentions. Counting one item per company meeting, it voted against management on 5 of the 67 say-on-pay items it marked either way.
How often does Tax-Managed Value Portfolio vote against management?
7.0% of the time in the year to 30 June 2026: 68 of the 977 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 Tax-Managed Value Portfolio support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 28 votes on proposals from security holders in the year to 30 June 2026 and voted for 4 of them (14.3%). Across every category it voted for 36.3% 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 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 Tax-Managed Value Portfolio (filer no. 1140883), 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.