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BMC FUND INC
fund voting report
- Vote records reported
- 1,053year to 30 June 2025
- Against management
- 2.5%26 of 1,042 marked votes
- Say-on-pay support
- 98.6%for, of for + against + abstain
- Shareholder-proposal support
- 29.9%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2025, BMC FUND INC reported 1,053 vote records on Form N-PX. 26 of the 1,042 votes that were marked for or against management went against management: 2.5%, 3.6 percentage points below the median fund registrant (6.1%).
Weighted by the number of shares voted, the against-management share is 0.5%. 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 98.6% of the section 14A say-on-pay items it reported (the median fund registrant: 91.3%) and it voted for 29.9% of the proposals put forward by security holders (the median fund registrant: 23.5%).
By category, votes against management were most frequent in OTHER SOCIAL ISSUES (20.5% of 39), ENVIRONMENT OR CLIMATE (19.2% of 26) and CAPITAL STRUCTURE (6.9% of 29).
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 1,260 fund registrants with at least 25 vote records in the season.
| year to 30 June 2025 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 2.5% | 6.1% | 9.7% |
| Say-on-pay support rate | 98.6% | 91.3% | 84.3% |
| Shareholder-proposal support rate | 29.9% | 23.5% | 33.0% |
| Shares on loan, share of shares held | 0.00% | 0.00% | 2.20% |
| 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 | 733 | 731 | 2 | 0.3% | |
| SECTION 14A SAY-ON-PAY VOTES | 69 | 68 | 1 | 1.4% | |
| AUDIT-RELATED | 79 | 78 | 1 | 1.3% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 7 | 4 | 2 | 33.3% | |
| CAPITAL STRUCTURE | 31 | 29 | 2 | 6.9% | |
| COMPENSATION | 21 | 17 | 4 | 0.0% | |
| CORPORATE GOVERNANCE | 41 | 31 | 9 | 5.6% | |
| ENVIRONMENT OR CLIMATE | 26 | 7 | 19 | 19.2% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 10 | 2 | 8 | 20.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 3 | 0 | 3 | 0.0% | |
| OTHER SOCIAL ISSUES | 39 | 12 | 27 | 20.5% | |
| OTHER | 13 | 10 | 3 | 16.7% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 952 | 74.0% | not reported | not reported | |
| year to 30 June 2025 | 1,053 | 2.5% | 98.6% | 29.9% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, BMC FUND INC voted against management on 1 of the 68 it marked either way (1.5%) in the year to 30 June 2025.
- The Carlyle Group Inc. 29 May 2025
Shareholder proposals it supported
Of 83 proposals from security holders that could be told apart in the filings and on which it cast a vote, BMC FUND INC voted for 23 (27.7%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| Amazon.com, Inc. | 21 May 2025 | Shareholder proposal requesting a report on warehouse working conditions |
| Amazon.com, Inc. | 21 May 2025 | Shareholder proposal requesting an assessment of board structure for oversight of AI |
| Amazon.com, Inc. | 21 May 2025 | Shareholder proposal requesting a report on advertising risks |
| Amazon.com, Inc. | 21 May 2025 | Shareholder proposal requesting a report on packaging materials |
| Amazon.com, Inc. | 21 May 2025 | Shareholder proposal requesting additional reporting on impact of data centers on climate commitments |
| Amazon.com, Inc. | 21 May 2025 | Shareholder proposal requesting a report on data dosage oversight in AI offerings |
| Amazon.com, Inc. | 21 May 2025 | Shareholder Proposal Regarding Separation of CEO and Chair Positions |
| Amazon.com, Inc. | 21 May 2025 | Shareholder proposal requesting alternative emissions reporting |
| Merck & Co., Inc. | 27 May 2025 | Shareholder proposal to revisit DEI goals in executive pay incentives. |
| Merck & Co., Inc. | 27 May 2025 | Shareholder proposal regarding a report on civil liberties in advertising services. |
| Walmart Inc. | 5 Jun 2025 | Report on Delays in Revising Diversity, Equity, and Inclusion (DEI) Initiatives |
| Walmart Inc. | 5 Jun 2025 | Revisit Plastics Packaging Policies |
| Walmart Inc. | 5 Jun 2025 | Respect Civil Liberties in Advertising Services |
| Oracle Corporation | 14 Nov 2024 | S/H Proposal - Environmental |
| The Charles Schwab Corporation | 22 May 2025 | Stockholder proposal requesting declassification of the board of directors |
| DUKE ENERGY CORPORATION | 1 May 2025 | Shareholder proposal regarding support simple majority vote |
| THE SOUTHERN COMPANY | 21 May 2025 | Stockholder proposal regarding disclosing assumptions underlying continued reliance on fossil fuel-based... |
| THE SOUTHERN COMPANY | 21 May 2025 | Stockholder proposal regarding simple majority vote |
| THE SOUTHERN COMPANY | 21 May 2025 | Stockholder proposal regarding a report on respecting workforce civil liberties |
| THE SOUTHERN COMPANY | 21 May 2025 | Stockholder proposal regarding conducting a net zero audit |
| ABB LTD | 27 Mar 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| ABB LTD | 27 Mar 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| ABB LTD | 27 Mar 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
Shares on loan
BMC FUND INC reported no shares on loan for the year to 30 June 2025. 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.
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 26 Aug 2025 accession 0001438934-25-001591
- Every N-PX filing by this filer on EDGAR
Questions
How did BMC FUND INC vote on executive pay?
In the year to 30 June 2025 BMC FUND INC reported 69 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 68 were for (98.6%), 1 against and 0 abstentions. Counting one item per company meeting, it voted against management on 1 of the 68 say-on-pay items it marked either way.
How often does BMC FUND INC vote against management?
2.5% of the time in the year to 30 June 2025: 26 of the 1,042 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 BMC FUND INC support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 24 votes on proposals from security holders in the year to 30 June 2025 and voted for 5 of them (20.8%). Across every category it voted for 29.9% 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 30 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by BMC FUND INC (filer no. 351786), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 30 Sep 2026; page built 1 Oct 2026.