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NEUBERGER BERMAN ALTERNATIVE FUNDS
fund voting report, part of Neuberger Berman
- Vote records reported
- 1,198year to 30 June 2026
- Against management
- 8.1%96 of 1,187 marked votes
- Say-on-pay support
- 86.3%for, of for + against + abstain
- Shareholder-proposal support
- 25.0%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
In its Form N-PX for the year to 30 June 2026, NEUBERGER BERMAN ALTERNATIVE FUNDS listed 1,198 vote records. Votes against management made up 8.1% of those marked either way (96 of 1,187); the median fund registrant stood at 6.2%.
Weighted by the number of shares voted, the against-management share is 9.5%. 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 86.3% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 25.0% 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 (51.1% of 47), OTHER SOCIAL ISSUES (38.5% of 26) and CAPITAL STRUCTURE (26.1% of 23).
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 | 8.1% | 6.2% | 10.6% |
| Say-on-pay support rate | 86.3% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 25.0% | 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 | 817 | 772 | 26 | 4.3% | |
| SECTION 14A SAY-ON-PAY VOTES | 85 | 69 | 11 | 14.3% | |
| AUDIT-RELATED | 86 | 85 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 36 | 9 | 27 | 8.3% | |
| EXTRAORDINARY TRANSACTIONS | 2 | 2 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 23 | 19 | 4 | 26.1% | |
| COMPENSATION | 31 | 28 | 3 | 9.7% | |
| CORPORATE GOVERNANCE | 47 | 30 | 17 | 51.1% | |
| ENVIRONMENT OR CLIMATE | 22 | 0 | 22 | 0.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 15 | 2 | 13 | 13.3% | |
| DIVERSITY, EQUITY, AND INCLUSION | 8 | 1 | 7 | 12.5% | |
| OTHER SOCIAL ISSUES | 26 | 10 | 16 | 38.5% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 2,679 | 23.2% | 95.9% | 44.1% | |
| year to 30 June 2025 | 1,554 | 7.0% | 93.9% | 33.6% | |
| year to 30 June 2026 | 1,198 | 8.1% | 86.3% | 25.0% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, NEUBERGER BERMAN ALTERNATIVE FUNDS voted against management on 11 of the 79 it marked either way (13.9%) in the year to 30 June 2026.
- Alphabet Inc. 5 Jun 2026
- Broadcom Inc. 20 Apr 2026
- UnitedHealth Group Incorporated 1 Jun 2026
- Thermo Fisher Scientific Inc. 20 May 2026
- Salesforce, Inc. 28 May 2026
- Citigroup Inc. 20 May 2026
- Cloudflare, Inc. 30 Jun 2026
- SHOPIFY INC. 16 Jun 2026
- Live Nation Entertainment, Inc. 11 Jun 2026
- Equifax Inc. 7 May 2026
- Chewy, Inc. 10 Jul 2025
Shareholder proposals it supported
Of 117 proposals from security holders that could be told apart in the filings and on which it cast a vote, NEUBERGER BERMAN ALTERNATIVE FUNDS voted for 29 (24.8%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| Microsoft Corporation | 5 Dec 2025 | Report on Human Rights Due Diligence |
| Microsoft Corporation | 5 Dec 2025 | Report on Al Data Usage Oversight |
| Amazon.com, Inc. | 20 May 2026 | Shareholder proposal requesting a mandatory independent board chair policy |
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting... |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on AI data usage oversight |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on AI-generated misinformation |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on data privacy |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding AI Board oversight |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| JPMorgan Chase & Co. | 19 May 2026 | Lobbying alignment |
| Johnson & Johnson | 23 Apr 2026 | Independent Board Chair |
| 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. |
| AbbVie Inc. | 8 May 2026 | Stockholder Proposal - to Adopt a Policy to Require an Independent Chair |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Independent Board Chair |
| CHEVRON CORPORATION | 27 May 2026 | Adopt an Independent Chair |
| Walmart Inc. | 4 Jun 2026 | Report on Immigration Policy & Enforcement |
| UnitedHealth Group Incorporated | 1 Jun 2026 | If properly presented at the 2026 Annual Meeting of Shareholders, the shareholder proposal requesting the... |
| PEPSICO, INC. | 6 May 2026 | Shareholder Proposal - Independent Board Chair. |
| McDonald's Corporation | 20 May 2026 | Advisory Vote to Adopt Policy for an Independent Chair. |
| LOCKHEED MARTIN CORPORATION | 12 May 2026 | Stockholder Proposal Requiring Independent Board Chairman |
| Mondelez International, Inc. | 20 May 2026 | Shareholder proposal requesting adoption of an independent board chairman policy |
| 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. |
| O'Reilly Automotive, Inc. | 14 May 2026 | Shareholder proposal entitled "Avoid Brand Damage due to Corporate Political Spending." |
| SHOPIFY INC. | 16 Jun 2026 | Shareholder Proposal Vote on the shareholder proposal, as disclosed in the Management Information Circular... |
Shares on loan
NEUBERGER BERMAN ALTERNATIVE FUNDS 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 |
|---|---|---|---|---|
| Neuberger Long Short Fund | 1,198 | 8.1% | 86.1% | 25.0% |
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.
- N-PX filed 20 Aug 2026 accession 0001213900-26-092136
- Every N-PX filing by this filer on EDGAR
Questions
How did NEUBERGER BERMAN ALTERNATIVE FUNDS vote on executive pay?
In the year to 30 June 2026 NEUBERGER BERMAN ALTERNATIVE FUNDS reported 80 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 69 were for (86.3%), 11 against and 0 abstentions. Counting one item per company meeting, it voted against management on 11 of the 79 say-on-pay items it marked either way.
How often does NEUBERGER BERMAN ALTERNATIVE FUNDS vote against management?
8.1% of the time in the year to 30 June 2026: 96 of the 1,187 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 NEUBERGER BERMAN ALTERNATIVE FUNDS support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 22 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 25.0% 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 NEUBERGER BERMAN ALTERNATIVE FUNDS (filer no. 1317474), 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.