Home / Capital Group and American Funds / AMCAP FUND
AMCAP FUND
fund voting report, part of Capital Group and American Funds
- Vote records reported
- 1,767year to 30 June 2026
- Against management
- 4.7%83 of 1,762 marked votes
- Say-on-pay support
- 87.8%for, of for + against + abstain
- Shareholder-proposal support
- 33.3%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
AMCAP FUND reported 1,767 vote records for the year to 30 June 2026. It marked 4.7% of its votes as cast against management (83 of 1,762), 1.5 percentage points below the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 3.8%. 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 87.8% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 33.3% 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 (36.4% of 110), COMPENSATION (14.8% of 54) and SECTION 14A SAY-ON-PAY VOTES (12.3% of 130).
It reported 1.3 million shares out on loan at record dates, 0.02% 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 1,241 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 | 4.7% | 6.2% | 10.6% |
| Say-on-pay support rate | 87.8% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 33.3% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 0.02% | 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 | 1,222 | 1,212 | 9 | 0.8% | |
| SECTION 14A SAY-ON-PAY VOTES | 130 | 108 | 15 | 12.3% | |
| AUDIT-RELATED | 136 | 134 | 2 | 0.8% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 9 | 6 | 3 | 44.4% | |
| EXTRAORDINARY TRANSACTIONS | 4 | 3 | 1 | 25.0% | |
| CAPITAL STRUCTURE | 36 | 35 | 1 | 8.3% | |
| COMPENSATION | 54 | 43 | 11 | 14.8% | |
| CORPORATE GOVERNANCE | 117 | 95 | 22 | 36.4% | |
| ENVIRONMENT OR CLIMATE | 34 | 2 | 32 | 2.9% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 13 | 1 | 12 | 0.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 17 | 1 | 16 | 0.0% | |
| OTHER SOCIAL ISSUES | 50 | 3 | 47 | 2.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 2,389 | 3.7% | 82.1% | 17.4% | |
| year to 30 June 2025 | 2,392 | 3.3% | 87.7% | 22.1% | |
| year to 30 June 2026 | 1,767 | 4.7% | 87.8% | 33.3% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, AMCAP FUND voted against management on 15 of the 121 it marked either way (12.4%) in the year to 30 June 2026.
- Netflix, Inc. 4 Jun 2026
- Thermo Fisher Scientific Inc. 20 May 2026
- Tesla, Inc. 6 Nov 2025
- Adobe Inc. 15 Apr 2026
- PALANTIR TECHNOLOGIES INC. 3 Jun 2026
- Palo Alto Networks, Inc. 9 Dec 2025
- Prologis, Inc. 28 Apr 2026
- AppLovin Corporation 3 Jun 2026
- DoorDash, Inc. 10 Jun 2026
- IQVIA Holdings Inc. 23 Apr 2026
- Apollo Global Management, Inc. 8 Jun 2026
- Carvana Co. 5 May 2026
- CoStar Group, Inc. 23 Jun 2026
- Atlassian Corporation 2 Dec 2025
- CAVA GROUP INC 22 Jun 2026
Shareholder proposals it supported
Of 137 proposals from security holders that could be told apart in the filings and on which it cast a vote, AMCAP FUND voted for 46 (33.6%). 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 |
|---|---|---|
| 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 equal shareholder voting |
| Visa Inc. | 27 Jan 2026 | Shareholder proposal on shareholder right to act by written consent. |
| Mastercard Incorporated | 16 Jun 2026 | Consideration of a stockholder proposal regarding shareholder right to act by written consent |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to adopt a policy and amend the bylaws to require an independent board 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 Independent Board Chair |
| UnitedHealth Group Incorporated | 1 Jun 2026 | If properly presented at the 2026 Annual Meeting of Shareholders, the shareholder proposal requesting the... |
| 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 seek shareholder approval before adopting an amendment to the bylaws pursuant to... |
| Tesla, Inc. | 6 Nov 2025 | Declassify the Board of Directors |
| CATERPILLAR INC. | 10 Jun 2026 | Shareholder Proposal - Shareholder Right to Act by Written Consent |
| Texas Instruments Incorporated | 16 Apr 2026 | Stockholder proposal to permit stockholders to act by written consent. |
| ConocoPhillips | 12 May 2026 | Stockholder Proposal - Independent Board Chairman. |
| Lowe's Companies, Inc. | 29 May 2026 | Shareholder Proposal requesting an independent board chairman. |
| HONEYWELL INTERNATIONAL INC. | 22 May 2026 | Shareowner Proposal - Shareholder Right to Act by Written Consent. |
| PALANTIR TECHNOLOGIES INC. | 3 Jun 2026 | Stockholder proposal entitled "Political Spending Disclosure," |
| S&P Global Inc. | 20 May 2026 | Vote on a shareholder proposal to reduce the stock ownership threshold for calling a special shareholder... |
| Deere & Company | 25 Feb 2026 | Shareholder proposal on shareholder right to act by written consent |
| Starbucks Corporation | 25 Mar 2026 | Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority... |
| Micron Technology, Inc. | 15 Jan 2026 | Reduce Ownership Threshold for Shareholders to Call Special Meeting |
| Palo Alto Networks, Inc. | 9 Dec 2025 | To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding... |
| Lam Research Corporation | 4 Nov 2025 | Stockholder proposal titled "Realistic Shareholder Ability to Call for a Special Shareholder Meeting," |
| Analog Devices, Inc. | 11 Mar 2026 | To consider a shareholder proposal |
| Mondelez International, Inc. | 20 May 2026 | Shareholder proposal requesting adoption of an independent board chairman policy |
| Boston Scientific Corporation | 30 Apr 2026 | Stockholder proposal titled "Give Shareholders the Ability to Call for a Special Shareholder Meeting." |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding annual vote regarding executive pay. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding disclosure of voting results by share class. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding dual class capital structure. |
| Zoetis Inc. | 20 May 2026 | Shareholder proposal to permit shareholder action by written consent. |
| Corning Incorporated | 30 Apr 2026 | Request to adopt an independent chair policy |
| Vertex Pharmaceuticals Incorporated | 13 May 2026 | Shareholder proposal, if properly presented at the meeting, regarding shareholder right to act by written... |
| Ecolab Inc. | 7 May 2026 | Vote on a stockholder proposal regarding an independent board chair policy |
| The Sherwin-Williams Company | 22 Apr 2026 | Shareholder Proposal Regarding Shareholder Ability to Call a Special Meeting |
| Synopsys, Inc. | 16 Apr 2026 | To vote on a stockholder proposal regarding 'stockholders' right to act by written consent |
| IDEXX Laboratories, Inc. | 12 May 2026 | Shareholder Proposal to Give Shareholders the Ability to Call for a Special Shareholder Meeting (Proposal... |
| AppLovin Corporation | 3 Jun 2026 | Stockholder proposal regarding disclosure of voting results by class of shares |
| IQVIA Holdings Inc. | 23 Apr 2026 | If properly presented, a stockholder proposal concerning separate Chairman and Chief Executive Officer roles. |
| Carvana Co. | 5 May 2026 | To vote upon one stockholder proposal, as described in the Proxy Statement. |
| West Pharmaceutical Services, Inc. | 4 May 2026 | Shareholder proposal regarding an independent Board Chair policy. |
Shares on loan
AMCAP FUND reported 1.3 million shares on loan at record dates against 5.68 billion shares voted: 0.02% 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
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 |
|---|---|---|---|---|
| AMCAP FUND | 1,767 | 4.7% | 87.6% | 33.3% |
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 0001104659-26-102955
- Every N-PX filing by this filer on EDGAR
Questions
How did AMCAP FUND vote on executive pay?
In the year to 30 June 2026 AMCAP FUND reported 123 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 108 were for (87.8%), 15 against and 0 abstentions. Counting one item per company meeting, it voted against management on 15 of the 121 say-on-pay items it marked either way.
How often does AMCAP FUND vote against management?
4.7% of the time in the year to 30 June 2026: 83 of the 1,762 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 AMCAP FUND support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 33 votes on proposals from security holders in the year to 30 June 2026 and voted for 1 of them (3.0%). Across every category it voted for 33.3% 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 AMCAP FUND (filer no. 4405), 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.