Home / Macquarie and Delaware Funds / DELAWARE GROUP EQUITY FUNDS II
DELAWARE GROUP EQUITY FUNDS II
fund voting report, part of Macquarie and Delaware Funds
- Vote records reported
- 509year to 30 June 2026
- Against management
- 3.7%19 of 509 marked votes
- Say-on-pay support
- 91.9%for, of for + against + abstain
- Shareholder-proposal support
- 17.0%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
DELAWARE GROUP EQUITY FUNDS II reported 509 vote records for the year to 30 June 2026. It marked 3.7% of its votes as cast against management (19 of 509), 2.5 percentage points below the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 3.0%. 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 91.9% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 17.0% 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 (28.0% of 25), SECTION 14A SAY-ON-PAY VOTES (7.7% of 39) and DIRECTOR ELECTIONS (1.9% of 370).
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 | 3.7% | 6.2% | 10.6% |
| Say-on-pay support rate | 91.9% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 17.0% | 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 | 370 | 363 | 5 | 1.9% | |
| SECTION 14A SAY-ON-PAY VOTES | 39 | 34 | 3 | 7.7% | |
| AUDIT-RELATED | 36 | 36 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 2 | 1 | 1 | 0.0% | |
| EXTRAORDINARY TRANSACTIONS | 2 | 1 | 1 | 50.0% | |
| CAPITAL STRUCTURE | 2 | 1 | 1 | 0.0% | |
| COMPENSATION | 8 | 8 | 0 | 0.0% | |
| CORPORATE GOVERNANCE | 25 | 11 | 14 | 28.0% | |
| ENVIRONMENT OR CLIMATE | 14 | 1 | 13 | 7.1% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 4 | 0 | 4 | 0.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 7 | 0 | 7 | 0.0% | |
| OTHER SOCIAL ISSUES | 18 | 1 | 17 | 5.6% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 594 | 5.7% | 87.9% | 28.1% | |
| year to 30 June 2026 | 509 | 3.7% | 91.9% | 17.0% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, DELAWARE GROUP EQUITY FUNDS II voted against management on 3 of the 36 it marked either way (8.3%) in the year to 30 June 2026.
- Thermo Fisher Scientific Inc. 20 May 2026
- Wells Fargo & Company 28 Apr 2026
- Prologis, Inc. 28 Apr 2026
Shareholder proposals it supported
Of 47 proposals from security holders that could be told apart in the filings and on which it cast a vote, DELAWARE GROUP EQUITY FUNDS II voted for 8 (17.0%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| Merck & Co., Inc. | 26 May 2026 | Shareholder proposal regarding a report on political contributions. |
| Wells Fargo & Company | 28 Apr 2026 | Shareholder Proposal - Report on High-Carbon Financing Litigation Risks. |
| Wells Fargo & Company | 28 Apr 2026 | Require Independent Board Chair |
| Wells Fargo & Company | 28 Apr 2026 | Shareholder Proposal - Govern by Majority Vote. |
| Zoetis Inc. | 20 May 2026 | Shareholder proposal to permit shareholder action by written consent. |
| The Cigna Group | 22 Apr 2026 | Shareholder Proposal - Shareholder Right to Act by Written Consent |
| CDW Corporation | 21 May 2026 | To consider and act upon the stockholder proposal, if properly presented at the meeting, regarding... |
| Exxon Mobil Corporation | 27 May 2026 | Proposal requesting Company to modify its Voluntary Retail Voting Program to provide multiple options not... |
Shares on loan
DELAWARE GROUP EQUITY FUNDS II 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 |
|---|---|---|---|---|
| Nomura Value Fund | 509 | 3.7% | 91.7% | 17.0% |
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 28 Aug 2026 accession 0001206774-26-000480
- Every N-PX filing by this filer on EDGAR
Questions
How did DELAWARE GROUP EQUITY FUNDS II vote on executive pay?
In the year to 30 June 2026 DELAWARE GROUP EQUITY FUNDS II reported 37 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 34 were for (91.9%), 3 against and 0 abstentions. Counting one item per company meeting, it voted against management on 3 of the 36 say-on-pay items it marked either way.
How often does DELAWARE GROUP EQUITY FUNDS II vote against management?
3.7% of the time in the year to 30 June 2026: 19 of the 509 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 DELAWARE GROUP EQUITY FUNDS II support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 14 votes on proposals from security holders in the year to 30 June 2026 and voted for 1 of them (7.1%). Across every category it voted for 17.0% 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 DELAWARE GROUP EQUITY FUNDS II (filer no. 27574), 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.