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Krane Shares Trust
fund voting report
- Vote records reported
- 23,733year to 30 June 2026
- Against management
- 17.1%3,747 of 21,891 marked votes
- Say-on-pay support
- 74.2%for, of for + against + abstain
- Shareholder-proposal support
- 60.9%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Krane Shares Trust reported 23,733 vote records for the year to 30 June 2026. It marked 17.1% of its votes as cast against management (3,747 of 21,891), 10.9 percentage points above the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 24.4%. 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 74.2% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 60.9% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in ENVIRONMENT OR CLIMATE (64.1% of 39), SHAREHOLDER RIGHTS AND DEFENSES (53.7% of 108) and HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (39.7% of 58).
It reported 935.6 million shares out on loan at record dates, 5.84% 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 2026 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 17.1% | 6.2% | 10.6% |
| Say-on-pay support rate | 74.2% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 60.9% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 5.84% | 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% |
Of the 23,733 vote records in this filing, 1,767 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) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 7,298 | 5,823 | 1,118 | 20.1% | |
| SECTION 14A SAY-ON-PAY VOTES | 622 | 434 | 150 | 24.3% | |
| AUDIT-RELATED | 1,453 | 1,107 | 291 | 23.9% | |
| INVESTMENT COMPANY MATTERS | 2 | 0 | 2 | 100.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 115 | 71 | 27 | 53.7% | |
| EXTRAORDINARY TRANSACTIONS | 1,080 | 1,010 | 54 | 6.5% | |
| CAPITAL STRUCTURE | 4,164 | 3,381 | 713 | 18.8% | |
| COMPENSATION | 1,599 | 1,406 | 172 | 12.1% | |
| CORPORATE GOVERNANCE | 4,291 | 3,810 | 375 | 12.8% | |
| ENVIRONMENT OR CLIMATE | 39 | 27 | 12 | 64.1% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 60 | 25 | 35 | 39.7% | |
| DIVERSITY, EQUITY, AND INCLUSION | 14 | 2 | 12 | 14.3% | |
| OTHER SOCIAL ISSUES | 121 | 68 | 49 | 34.7% | |
| OTHER | 1,950 | 1,818 | 85 | 7.1% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 25,460 | 18.0% | 63.5% | 59.9% | |
| year to 30 June 2025 | 23,134 | 17.9% | 56.7% | 40.4% | |
| year to 30 June 2026 | 23,733 | 17.1% | 74.2% | 60.9% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Krane Shares Trust voted against management on 127 of the 508 it marked either way (25.0%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.
A further 1 say-on-pay item was reported without a management mark and are left out of both sides of that fraction.
- Alphabet Inc. 5 Jun 2026
- Apple Inc. 24 Feb 2026
- Broadcom Inc. 20 Apr 2026
- Netflix, Inc. 4 Jun 2026
- UnitedHealth Group Incorporated 1 Jun 2026
- Tesla, Inc. 6 Nov 2025
- Salesforce, Inc. 28 May 2026
- Verizon Communications Inc. 21 May 2026
- Pfizer Inc. 23 Apr 2026
- Adobe Inc. 15 Apr 2026
- The Goldman Sachs Group, Inc. 29 Apr 2026
- Intel Corporation 13 May 2026
- Comcast Corporation 10 Jun 2026
- Starbucks Corporation 25 Mar 2026
- Palo Alto Networks, Inc. 9 Dec 2025
- Analog Devices, Inc. 11 Mar 2026
- Arista Networks, Inc. 29 May 2026
- WARNER BROS. DISCOVERY, INC. 23 Apr 2026
- WARNER BROS. DISCOVERY, INC. 9 Jun 2026
- T-Mobile US, Inc. 16 Jun 2026
- Marvell Technology, Inc. 25 Jun 2026
- Snowflake Inc. 2 Jul 2025
- Snowflake Inc. 29 Jun 2026
- Fiserv, Inc. 21 May 2026
- Ross Stores, Inc. 20 May 2026
- Xcel Energy Inc. 20 May 2026
- Cloudflare, Inc. 30 Jun 2026
- Axon Enterprise, Inc. 28 May 2026
- SHOPIFY INC. 16 Jun 2026
- T. Rowe Price Group, Inc. 7 May 2026
- DexCom, Inc. 27 May 2026
- Charter Communications, Inc. 21 Apr 2026
- Workday, Inc. 16 Jun 2026
- The Trade Desk, Inc. 4 May 2026
- The Estee Lauder Companies Inc. 13 Nov 2025
- Roblox Corporation 28 May 2026
- Zscaler, Inc. 12 Jan 2026
- Rivian Automotive, Inc. 22 Jun 2026
- CoStar Group, Inc. 23 Jun 2026
- Atlassian Corporation 2 Dec 2025
Shareholder proposals it supported
Of 244 proposals from security holders that could be told apart in the filings and on which it cast a vote, Krane Shares Trust voted for 153 (62.7%). 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.
| Company | Meeting | Proposal |
|---|---|---|
| Microsoft Corporation | 5 Dec 2025 | European Security Program Censorship Risk Audit |
| Amazon.com, Inc. | 20 May 2026 | Shareholder proposal requesting a mandatory independent board chair policy |
| Amazon.com, Inc. | 20 May 2026 | Shareholder proposal requesting additional reporting on impact of data centers on climate commitments |
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting reporting on greenhouse gas emissions from the... |
| 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 a report on impact of U.S. immigration policy |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding an enhanced disclosure on climate goals |
| JPMorgan Chase & Co. | 19 May 2026 | Independent board chairman |
| JPMorgan Chase & Co. | 19 May 2026 | Lobbying alignment |
| Johnson & Johnson | 23 Apr 2026 | Independent Board Chair |
| AbbVie Inc. | 8 May 2026 | Stockholder Proposal - to Adopt a Policy to Require an Independent Chair |
| Netflix, Inc. | 4 Jun 2026 | Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent," |
| 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 Customer Data Privacy Risks |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Report on Packaging Policies for Plastics |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Independent Board Chair |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Report on Sufficiency of Associates' Access to Healthcare |
| CHEVRON CORPORATION | 27 May 2026 | Adopt an Independent Chair |
| CHEVRON CORPORATION | 27 May 2026 | Commission a Third-Party Report on Human Rights Processes |
| CHEVRON CORPORATION | 27 May 2026 | Report on Indigenous Peoples' Rights |
| The Procter & Gamble Company | 14 Oct 2025 | Shareholder Proposal Requesting Additional Reporting on Plastic Packaging |
| Walmart Inc. | 4 Jun 2026 | Report on Workplace Health and Safety Governance |
| Walmart Inc. | 4 Jun 2026 | Human rights or human capital/workforce |
| 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 - Report on Human Rights Oversight. |
| PEPSICO, INC. | 6 May 2026 | Shareholder Proposal - Independent Board Chair. |
| PEPSICO, INC. | 6 May 2026 | Shareholder Proposal - Report Evaluating the Treatment of Animals within Supply Chain. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal regarding adopting targets and reporting on metrics to assess the feasibility of... |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to amend Article X of the bylaws. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to... |
| Tesla, Inc. | 6 Nov 2025 | Declassify the Board of Directors |
| Tesla, Inc. | 6 Nov 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| Advanced Micro Devices, Inc. | 13 May 2026 | Stockholder proposal requesting changes to the stockholder right to call a special meeting. |
| Verizon Communications Inc. | 21 May 2026 | Board oversight of material issues related to climate change |
Shares on loan
Krane Shares Trust reported 935.6 million shares on loan at record dates against 15.09 billion shares voted: 5.84% 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.
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 28 Aug 2026 accession 0001135428-26-000221
- Every N-PX filing by this filer on EDGAR
Questions
How did Krane Shares Trust vote on executive pay?
In the year to 30 June 2026 Krane Shares Trust reported 582 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 432 were for (74.2%), 150 against and 0 abstentions. Counting one item per company meeting, it voted against management on 127 of the 508 say-on-pay items it marked either way. A further 1 say-on-pay item was reported without a management mark and are not counted in that figure.
How often does Krane Shares Trust vote against management?
17.1% of the time in the year to 30 June 2026: 3,747 of the 21,891 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 Krane Shares Trust support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 37 votes on proposals from security holders in the year to 30 June 2026 and voted for 25 of them (67.6%). Across every category it voted for 60.9% 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 Krane Shares Trust (filer no. 1547576), 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.