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Form N-PX · fund registrantSEC filer no. 1511699

Managed Portfolio Series

fund voting report

Vote records reported
9,505year to 30 June 2026
Against management
2.8%246 of 8,738 marked votes
Say-on-pay support
93.5%for, of for + against + abstain
Shareholder-proposal support
10.5%for, of for + against + abstain
92.3% for5.0% against2.7% other2.8% against management8,854 votes

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

For the year to 30 June 2026, Managed Portfolio Series reported 9,505 vote records on Form N-PX. 246 of the 8,738 votes that were marked for or against management went against management: 2.8%, 3.4 percentage points below the median fund registrant (6.2%).

Weighted by the number of shares voted, the against-management share is 1.2%. 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 93.5% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 10.5% 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 (12.8% of 39), CORPORATE GOVERNANCE (8.2% of 858) and OTHER (7.8% of 206).

It reported 3.3 million shares out on loan at record dates, 0.51% 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 share2.8%6.2%10.6%
Say-on-pay support rate93.5%91.6%86.0%
Shareholder-proposal support rate10.5%27.5%33.9%
Shares on loan, share of shares held0.51%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%

Of the 9,505 vote records in this filing, 651 carry something the form does not expect: a missing vote source or category, a record with no vote line, a meeting date that cannot be read, or a security identifier this site could not use. They are counted as filed. What is checked

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 ELECTIONS5,3775,287331.2%
SECTION 14A SAY-ON-PAY VOTES610550316.1%
AUDIT-RELATED68467900.4%
INVESTMENT COMPANY MATTERS7700.0%
SHAREHOLDER RIGHTS AND DEFENSES40241612.8%
EXTRAORDINARY TRANSACTIONS413607.7%
CAPITAL STRUCTURE53148596.2%
COMPENSATION366333215.6%
CORPORATE GOVERNANCE8957031298.2%
ENVIRONMENT OR CLIMATE652614.6%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE654616.2%
DIVERSITY, EQUITY, AND INCLUSION91811.1%
OTHER SOCIAL ISSUES139251142.9%
OTHER238182187.8%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202414,55610.7%86.2%35.4%
year to 30 June 202514,4415.3%90.8%16.1%
year to 30 June 20269,5052.8%93.5%10.5%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Managed Portfolio Series voted against management on 20 of the 369 it marked either way (5.4%) in the year to 30 June 2026.

A further 15 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 169 proposals from security holders that could be told apart in the filings and on which it cast a vote, Managed Portfolio Series voted for 25 (14.8%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
Berkshire Hathaway Inc.2 May 2026Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework...
Starbucks Corporation25 Mar 2026Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority...
Kimberly-Clark Corporation14 May 2026Stockholder Proposal to Require Independent Board Chair
Dollar General Corporation28 May 2026To vote on a shareholder proposal asking the Board to take the steps necessary to reduce the minimum...
Dollar General Corporation28 May 2026To vote on a shareholder proposal asking the Board to report on the feasibility of adopting a...
Dollar General Corporation28 May 2026Shareholder proposal: CORPORATE GOVERNANCE
Keysight Technologies, Inc.19 Mar 2026Consider, on a non-binding advisory basis, a Stockholder Proposal: Shareholder Ability to Call for a...
BJ's Wholesale Club Holdings, Inc.18 Jun 2026Vote on a shareholder proposal regarding a report on greenhouse gas emissions reduction efforts
BJ's Wholesale Club Holdings, Inc.18 Jun 2026Vote on a shareholder proposal regarding adopting a majority voting standard
TransUnion12 May 2026Advisory vote on a stockholder proposal requesting a stockholder right to call a special meeting.
Henry Schein, Inc.21 May 2026Proposal to approve, by non-binding vote, a shareholder proposal to Govern by Majority Vote.
The Timken Company8 May 2026Corporate governance
Eagle Materials Inc.4 Aug 2025Non-binding advisory stockholder proposal requesting the declassification of our Board of Directors.
AGCO Corporation23 Apr 2026Stockholder proposal regarding giving stockholders an ability to call for a special stockholder meeting
Mohawk Industries, Inc.21 May 2026Stockholder proposal regarding a majority vote standard.
Americold Realty Trust18 May 2026Other issues
Dine Brands Global, Inc.14 May 2026A stockholder proposal regarding the right of stockholders to call a special meeting of stockholders at a...
Tele2 AB18 May 2026Shareholder Proposal Regarding Notification of Fee Changes
Tele2 AB18 May 2026Approve Customer-Initiated Authorization for Subscription Changes
Tele2 AB18 May 2026Approve Written Agreement Requirement for Subscription Changes
Tele2 AB18 May 2026Shareholder proposal: CORPORATE GOVERNANCE
Tele2 AB18 May 2026Approve Management Review of Subscription Change Confirmations
COWAY Co., Ltd.31 Mar 2026Amend Articles of Incorporation (Audit Committee) (Shareholder Proposal)
COWAY Co., Ltd.31 Mar 2026Shareholder proposal: CORPORATE GOVERNANCE
COWAY Co., Ltd.31 Mar 2026Shareholder proposal: CORPORATE GOVERNANCE

Shares on loan

Managed Portfolio Series reported 3.3 million shares on loan at record dates against 640.5 million shares voted: 0.51% 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

19 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
Leuthold Global Fund2,3873.5%96.6%7.7%
Leuthold Select Industries ETF1,4750.4%98.1%0.0%
Leuthold Core Investment Fund1,4520.4%98.1%0.0%
Reinhart International PMV Fund7199.0%68.4%50.0%
Nuance Mid Cap Value Fund4593.7%90.2%not reported
Reinhart Mid Cap PMV Fund4484.5%84.6%69.2%
Olstein Strategic Opportunities Fund4156.5%100.0%66.7%
LK Balanced Fund4110.0%100.0%0.0%
Port Street Quality Growth Fund3633.3%85.7%14.3%
Tremblant Global ETF3272.6%91.7%0.0%
Nuance Concentrated Value Fund3094.9%92.6%not reported
Reinhart Genesis PMV Fund2982.0%93.5%not reported
Muhlenkamp Fund2400.0%100.0%0.0%
Prospector Capital Appreciation Fund843.6%100.0%28.6%
Prospector Opportunity Fund512.0%not reportednot reported
Kensington Dynamic Allocation Fund250.0%not reportednot reported
Kensington Active Advantage Fund160.0%not reportednot reported
Kensington Managed Income Fund150.0%not reportednot reported
Kensington Defender Fund110.0%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 Managed Portfolio Series vote on executive pay?

In the year to 30 June 2026 Managed Portfolio Series reported 588 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 550 were for (93.5%), 29 against and 9 abstentions. Counting one item per company meeting, it voted against management on 20 of the 369 say-on-pay items it marked either way. A further 15 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Managed Portfolio Series vote against management?

2.8% of the time in the year to 30 June 2026: 246 of the 8,738 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 Managed Portfolio Series support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 59 votes on proposals from security holders in the year to 30 June 2026 and voted for 1 of them (1.7%). Across every category it voted for 10.5% 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 Managed Portfolio Series (filer no. 1511699), 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.