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MassMutual Advantage Funds
fund voting report, part of MassMutual
- Vote records reported
- 212year to 30 June 2024
- Against management
- 12.3%23 of 187 marked votes
- Say-on-pay support
- not reportedfor, of for + against + abstain
- Shareholder-proposal support
- 28.6%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 2024, MassMutual Advantage Funds listed 212 vote records. Votes against management made up 12.3% of those marked either way (23 of 187); the median fund registrant stood at 6.7%.
Weighted by the number of shares voted, the against-management share is 15.9%. 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 28.6% of the proposals put forward by security holders (the median fund registrant: 28.8%).
By category, votes against management were most frequent in CORPORATE GOVERNANCE (17.9% of 56), COMPENSATION (13.9% of 36) and DIRECTOR ELECTIONS (10.3% of 58).
It reported 435,642 shares out on loan at record dates, 4.02% 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 1,284 fund registrants with at least 25 vote records in the season.
| year to 30 June 2024 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 12.3% | 6.7% | 10.2% |
| Say-on-pay support rate | not reported | 91.2% | 84.6% |
| Shareholder-proposal support rate | 28.6% | 28.8% | 37.0% |
| Shares on loan, share of shares held | 4.02% | 0.00% | 0.08% |
| 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 | 80 | 52 | 10 | 10.3% | |
| AUDIT-RELATED | 8 | 8 | 0 | 0.0% | |
| EXTRAORDINARY TRANSACTIONS | 7 | 7 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 40 | 36 | 4 | 10.0% | |
| COMPENSATION | 38 | 31 | 7 | 13.9% | |
| CORPORATE GOVERNANCE | 59 | 48 | 11 | 17.9% | |
| OTHER SOCIAL ISSUES | 1 | 1 | 0 | 0.0% | |
| OTHER | 4 | 3 | 1 | 0.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 212 | 12.3% | not reported | 28.6% |
Only one season is on file for this entry so far. The structured Form N-PX began with the year to 30 June 2024.
Say-on-pay votes against management
No say-on-pay items could be matched to company meetings for this season.
Shareholder proposals it supported
Of 3 proposals from security holders that could be told apart in the filings and on which it cast a vote, MassMutual Advantage Funds voted for 2 (66.7%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| PT Bank Negara Indonesia (Persero) Tbk | 19 Sep 2023 | Approve Stock Split and Amend Article 4 of the Company's Articles of Association |
| Banco Bradesco SA | 11 Mar 2024 | Shareholder proposal: AUDIT-RELATED |
Shares on loan
MassMutual Advantage Funds reported 435,642 shares on loan at record dates against 10.4 million shares voted: 4.02% 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
3 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 |
|---|---|---|---|---|
| MassMutual Global Emerging Markets Equity Fund | 200 | 13.1% | not reported | not reported |
| MassMutual Global Credit Income Opportunities Fund | 6 | 0.0% | not reported | not reported |
| MassMutual Global Floating Rate Fund | 6 | 0.0% | not reported | not 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.
- N-PX filed 30 Aug 2024 accession 0001104659-24-095664
- Every N-PX filing by this filer on EDGAR
Questions
How did MassMutual Advantage Funds vote on executive pay?
MassMutual Advantage Funds reported no say-on-pay votes for the year to 30 June 2024.
How often does MassMutual Advantage Funds vote against management?
12.3% of the time in the year to 30 June 2024: 23 of the 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 MassMutual Advantage Funds support shareholder proposals on climate?
It reported no votes on security-holder proposals in the category ENVIRONMENT OR CLIMATE for the year to 30 June 2024. Across every category it voted for 28.6% of security-holder proposals.
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 MassMutual Advantage Funds (filer no. 1859808), 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.