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Form N-PX · fund registrantSEC filer no. 1217286

JPMorgan Trust I

fund voting report, part of J.P. Morgan

Vote records reported
70,644year to 30 June 2026
Against management
4.5%3,093 of 68,633 marked votes
Say-on-pay support
91.4%for, of for + against + abstain
Shareholder-proposal support
17.7%for, of for + against + abstain
90.2% for6.9% against2.9% other4.5% against management70,773 votes

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

In its Form N-PX for the year to 30 June 2026, JPMorgan Trust I listed 70,644 vote records. Votes against management made up 4.5% of those marked either way (3,093 of 68,633); the median fund registrant stood at 6.2%.

Weighted by the number of shares voted, the against-management share is 5.4%. 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 91.4% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 17.7% 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 (27.3% of 198), EXTRAORDINARY TRANSACTIONS (10.2% of 558) and SECTION 14A SAY-ON-PAY VOTES (8.8% of 4,421).

It reported 434.8 million shares out on loan at record dates, 1.40% 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 share4.5%6.2%10.6%
Say-on-pay support rate91.4%91.6%86.0%
Shareholder-proposal support rate17.7%27.5%33.9%
Shares on loan, share of shares held1.40%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 ELECTIONS38,09436,3551,5154.1%
SECTION 14A SAY-ON-PAY VOTES4,4253,8673648.8%
AUDIT-RELATED4,9954,901841.0%
INVESTMENT COMPANY MATTERS1412214.3%
SHAREHOLDER RIGHTS AND DEFENSES2021693127.3%
EXTRAORDINARY TRANSACTIONS5625015710.2%
CAPITAL STRUCTURE6,0385,7732504.6%
COMPENSATION4,5414,2093105.4%
CORPORATE GOVERNANCE11,4028,9591,3514.9%
ENVIRONMENT OR CLIMATE5981804152.9%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE3491412061.7%
DIVERSITY, EQUITY, AND INCLUSION3361491853.9%
OTHER SOCIAL ISSUES8503405062.5%
OTHER9812851712.5%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 2024130,8606.1%90.2%16.3%
year to 30 June 202574,6125.1%90.9%14.9%
year to 30 June 202670,6444.5%91.4%17.7%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, JPMorgan Trust I voted against management on 187 of the 1,721 it marked either way (10.9%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

A further 3 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 539 proposals from security holders that could be told apart in the filings and on which it cast a vote, JPMorgan Trust I voted for 108 (20.0%). 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
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Packaging Policies for Plastics
PEPSICO, INC.6 May 2026Shareholder Proposal - 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
Pfizer Inc.23 Apr 2026Adopt an Independent Chair Policy
AT&T INC.14 May 2026EEO-1 Report Disclosure Policy
Wells Fargo & Company28 Apr 2026Shareholder Proposal - Govern by Majority Vote.
The Goldman Sachs Group, Inc.29 Apr 2026Shareholder Proposal Regarding Lobbying Disclosure
PALANTIR TECHNOLOGIES INC.3 Jun 2026Stockholder proposal entitled "Political Spending Disclosure,"
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 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.
Target Corporation10 Jun 2026Require Independent Board Chair
FORD MOTOR COMPANY14 May 2026A shareholder proposal relating to a request that the Board take steps to implement one vote per share for...
General Motors Company2 Jun 2026Shareholder Proposal Requesting a Report on Human Rights Standards for Indigenous Peoples
Snowflake Inc.29 Jun 2026To consider and vote on, if properly presented at the meeting, a non-binding stockholder proposal...
Fastenal Company23 Apr 2026Shareholder proposal relating to an EEO-1 reporting disclosure policy
WEC Energy Group, Inc.7 May 2026Stockholder proposal to govern by majority vote
Charter Communications, Inc.21 Apr 2026Stockholder proposal regarding political expenditures report.
NetApp, Inc.10 Sep 2025To approve a stockholder proposal regarding support for Special Shareholder Meeting Improvement.
ON Semiconductor Corporation14 May 2026To vote on a stockholder proposal regarding simple majority voting
BJ's Wholesale Club Holdings, Inc.18 Jun 2026Vote on a shareholder proposal regarding adopting a majority voting standard
DT Midstream, Inc.5 May 2026Stockholder Proposal on Shareholder Right to Act by Written Consent.
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...
Lumen Technologies, Inc.20 May 2026Approval of a shareholder proposal regarding a shareholder right to vote for or against a poison pill.
Eagle Materials Inc.4 Aug 2025Non-binding advisory stockholder proposal requesting the declassification of our Board of Directors.
Wyndham Hotels & Resorts, Inc.14 May 2026To vote on a stockholder proposal, if properly presented at the meeting, regarding stockholder ability to...
Mohawk Industries, Inc.21 May 2026Stockholder proposal regarding a majority vote standard.
ROYAL BANK OF CANADA ("RBC")9 Apr 2026Advisory Vote on Environmental Policies
Columbia Sportswear Company10 Jun 2026Shareholder proposal regarding proxy access.
THE BANK OF NOVA SCOTIA14 Apr 2026Advisory Vote on Environmental Policies
Contemporary Amperex Technology Co., Ltd.25 Dec 2025Shareholder proposal: CAPITAL STRUCTURE
Alimentation Couche-Tard Inc.3 Sep 2025Hold Annual Meetings of the Company in Person with Virtual Meetings as Complements
Eni SpA6 May 2026Shareholder proposal: AUDIT-RELATED
Eni SpA6 May 2026Shareholder proposal: CORPORATE GOVERNANCE
Eni SpA6 May 2026Shareholder proposal: CORPORATE GOVERNANCE

Shares on loan

JPMorgan Trust I reported 434.8 million shares on loan at record dates against 30.69 billion shares voted: 1.40% 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

30 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
JPMorgan Global Allocation Fund18,3026.7%90.8%17.8%
JPMorgan Income Builder Fund9,4844.8%91.6%19.3%
JPMorgan Diversified Fund6,2372.8%94.3%11.7%
JPMorgan U.S. Small Company Fund5,4804.2%89.5%20.0%
JPMorgan Developed International Value Fund5,2646.5%92.2%27.4%
JPMorgan Research Market Neutral Fund2,7592.7%90.4%6.5%
JPMorgan Hedged Equity Fund2,3643.6%90.1%10.0%
JPMorgan Small Cap Blend Fund2,2492.8%91.3%23.8%
JPMorgan U.S. Research Enhanced Equity Fund2,1633.5%89.4%8.6%
JPMorgan U.S. Large Cap Core Plus Fund2,1282.6%91.6%6.7%
JPMorgan Mid Cap Equity Fund2,1272.0%92.5%18.2%
JPMorgan International Equity Fund1,5063.5%100.0%0.0%
JPMorgan Europe Dynamic Fund1,4772.1%96.2%not reported
JPMorgan Value Advantage Fund1,4721.8%97.1%9.2%
JPMorgan U.S. Value Fund1,2852.1%94.0%6.0%
JPMorgan Emerging Markets Equity Fund1,1936.2%100.0%50.0%
JPMorgan U.S. GARP Equity Fund1,1762.8%95.2%9.3%
JPMorgan International Focus Fund1,0032.9%97.2%18.2%
JPMorgan Small Cap Equity Fund9412.9%90.7%38.5%
JPMorgan U.S. Sustainable Leaders Fund9184.9%90.6%34.7%
JPMorgan U.S. Equity Fund7652.2%96.1%9.5%
JPMorgan Tax Free Money Market Fund903.3%not reportednot reported
JPMorgan Income Fund606.7%not reportednot reported
JPMorgan U.S. Applied Data Science Value Fund470.0%not reportednot reported
JPMorgan Global Bond Opportunities Fund4010.0%not reportednot reported
JPMorgan New York Municipal Money Market Fund320.0%not reportednot reported
JPMorgan Short Duration Core Plus Fund300.0%not reportednot reported
JPMorgan Strategic Income Opportunities Fund2910.3%not reportednot reported
JPMorgan Floating Rate Income Fund1822.2%not reportednot reported
JPMorgan California Municipal Money Market Fund50.0%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 JPMorgan Trust I vote on executive pay?

In the year to 30 June 2026 JPMorgan Trust I reported 4,215 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 3,851 were for (91.4%), 364 against and 0 abstentions. Counting one item per company meeting, it voted against management on 187 of the 1,721 say-on-pay items it marked either way. A further 3 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does JPMorgan Trust I vote against management?

4.5% of the time in the year to 30 June 2026: 3,093 of the 68,633 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 JPMorgan Trust I support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 432 votes on proposals from security holders in the year to 30 June 2026 and voted for 17 of them (3.9%). Across every category it voted for 17.7% 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 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 JPMorgan Trust I (filer no. 1217286), 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.