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VANGUARD MUNICIPAL BOND FUNDS
fund voting report, part of Vanguard
- Vote records reported
- 91year to 30 June 2026
- Against management
- 0.0%0 of 81 marked votes
- Say-on-pay support
- not reportedfor, of for + against + abstain
- Shareholder-proposal support
- not reportedtoo few votes to show
foragainstabstain, withhold or otheramber tick: the portion cast against management
In its Form N-PX for the year to 30 June 2026, VANGUARD MUNICIPAL BOND FUNDS listed 91 vote records. Votes against management made up 0.0% of those marked either way (0 of 81); the median fund registrant stood at 6.2%.
Weighted by the number of shares voted, the against-management share is 0.0%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.
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 | 0.0% | 6.2% | 10.6% |
| Say-on-pay support rate | not reported | 91.6% | 86.0% |
| Shareholder-proposal support rate | not reported | 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% |
Of the 91 vote records in this filing, 10 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 | 75 | 75 | 0 | 0.0% | |
| AUDIT-RELATED | 2 | 2 | 0 | 0.0% | |
| INVESTMENT COMPANY MATTERS | 3 | 3 | 0 | 0.0% | |
| EXTRAORDINARY TRANSACTIONS | 1 | 1 | 0 | 0.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 195 | 0.0% | not reported | not reported | |
| year to 30 June 2025 | 127 | 0.0% | not reported | not reported | |
| year to 30 June 2026 | 91 | 0.0% | not reported | not reported |
Say-on-pay votes against management
No say-on-pay items could be matched to company meetings for this season.
Shareholder proposals it supported
No separable proposals from security holders were reported for this season.
Shares on loan
VANGUARD MUNICIPAL BOND 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
4 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 |
|---|---|---|---|---|
| VANGUARD MUNICIPAL MONEY MARKET FUND | 46 | 0.0% | not reported | not reported |
| VANGUARD LIMITED-TERM TAX-EXEMPT FUND | 20 | 0.0% | not reported | not reported |
| VANGUARD ULTRA-SHORT-TERM TAX-EXEMPT FUND | 20 | 0.0% | not reported | not reported |
| VANGUARD LONG-TERM TAX-EXEMPT FUND | 5 | 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 27 Aug 2026 accession 0001104659-26-101992
- N-PX filed 27 Aug 2026 accession 0001104659-26-101994
- N-PX filed 27 Aug 2026 accession 0001104659-26-101995
- N-PX filed 27 Aug 2026 accession 0001104659-26-102002
- Every N-PX filing by this filer on EDGAR
Questions
How did VANGUARD MUNICIPAL BOND FUNDS vote on executive pay?
VANGUARD MUNICIPAL BOND FUNDS reported no say-on-pay votes for the year to 30 June 2026.
How often does VANGUARD MUNICIPAL BOND FUNDS vote against management?
0.0% of the time in the year to 30 June 2026: 0 of the 81 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 VANGUARD MUNICIPAL BOND 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 2026.
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 VANGUARD MUNICIPAL BOND FUNDS (filer no. 225997), 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.