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Form N-PX · fund registrantSEC filer no. 1295908

CENTAUR MUTUAL FUNDS TRUST

fund voting report

Vote records reported
421year to 30 June 2026
Against management
13.0%64 of 493 marked votes
Say-on-pay support
80.0%for, of for + against + abstain
Shareholder-proposal support
35.8%for, of for + against + abstain
83.0% for12.8% against4.3% other13.0% against management493 votes

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

CENTAUR MUTUAL FUNDS TRUST reported 421 vote records for the year to 30 June 2026. It marked 13.0% of its votes as cast against management (64 of 493), 6.8 percentage points above the median fund registrant, which was 6.2%.

Weighted by the number of shares voted, the against-management share is 13.6%. 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 80.0% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 35.8% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in SECTION 14A SAY-ON-PAY VOTES (21.2% of 33) and DIRECTOR ELECTIONS (8.9% of 349).

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 share13.0%6.2%10.6%
Say-on-pay support rate80.0%91.6%86.0%
Shareholder-proposal support rate35.8%27.5%33.9%
Shares on loan, share of shares held0.00%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 ELECTIONS349318148.9%
SECTION 14A SAY-ON-PAY VOTES3324621.2%
AUDIT-RELATED323200.0%
SHAREHOLDER RIGHTS AND DEFENSES96333.3%
CAPITAL STRUCTURE220100.0%
COMPENSATION11929.1%
CORPORATE GOVERNANCE1410478.6%
ENVIRONMENT OR CLIMATE120120.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE81712.5%
DIVERSITY, EQUITY, AND INCLUSION41325.0%
OTHER SOCIAL ISSUES1961236.8%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 20241,79512.6%86.5%36.7%
year to 30 June 20255190.0%83.9%71.3%
year to 30 June 202642113.0%80.0%35.8%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, CENTAUR MUTUAL FUNDS TRUST voted against management on 6 of the 30 it marked either way (20.0%) in the year to 30 June 2026.

Shareholder proposals it supported

Of 64 proposals from security holders that could be told apart in the filings and on which it cast a vote, CENTAUR MUTUAL FUNDS TRUST voted for 21 (32.8%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
Microsoft Corporation5 Dec 2025Report on Al Data Usage Oversight
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
JPMorgan Chase & Co.19 May 2026Independent board chairman
AbbVie Inc.8 May 2026Stockholder Proposal - to Adopt a Policy to Require an Independent Chair
Bank of America Corporation4 May 2026Shareholder proposal requesting independent board chair
Berkshire Hathaway Inc.2 May 2026Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework...
PEPSICO, INC.6 May 2026Shareholder Proposal - Independent Board Chair.
McDonald's Corporation20 May 2026Advisory Vote to Adopt Policy for an Independent Chair.
Wells Fargo & Company28 Apr 2026Require Independent Board Chair
ConocoPhillips12 May 2026Stockholder Proposal - Independent Board Chairman.
The Goldman Sachs Group, Inc.29 Apr 2026Shareholder Proposal Regarding Lobbying Disclosure
The Goldman Sachs Group, Inc.29 Apr 2026Shareholder Proposal Regarding Special Shareholder Meeting Thresholds
Morgan Stanley14 May 2026Shareholder proposal requesting an independent Board Chairman
Comcast Corporation10 Jun 2026Adopt policy to have an independent chair
THE BOEING COMPANY17 Apr 2026Action by Written Consent.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding annual vote regarding executive pay.
Meta Platforms, Inc.27 May 2026Shareholder Proposal Regarding Data Protection Impact Assessment
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.

Shares on loan

CENTAUR MUTUAL FUNDS TRUST 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.

SeriesVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
Copley Fund42113.0%80.0%35.8%

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 CENTAUR MUTUAL FUNDS TRUST vote on executive pay?

In the year to 30 June 2026 CENTAUR MUTUAL FUNDS TRUST reported 30 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 24 were for (80.0%), 6 against and 0 abstentions. Counting one item per company meeting, it voted against management on 6 of the 30 say-on-pay items it marked either way.

How often does CENTAUR MUTUAL FUNDS TRUST vote against management?

13.0% of the time in the year to 30 June 2026: 64 of the 493 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 CENTAUR MUTUAL FUNDS TRUST support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 12 votes on proposals from security holders in the year to 30 June 2026 and voted for 0 of them (0.0%). Across every category it voted for 35.8% 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 CENTAUR MUTUAL FUNDS TRUST (filer no. 1295908), 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.