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AQUILA FUNDS TRUST
fund voting report
- Vote records reported
- 964year to 30 June 2024
- Against management
- 5.6%53 of 942 marked votes
- Say-on-pay support
- 95.9%for, of for + against + abstain
- Shareholder-proposal support
- 48.7%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2024, AQUILA FUNDS TRUST reported 964 vote records on Form N-PX. 53 of the 942 votes that were marked for or against management went against management: 5.6%, 1.1 percentage points below the median fund registrant (6.7%).
Weighted by the number of shares voted, the against-management share is 8.1%. 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 95.9% of the section 14A say-on-pay items it reported (the median fund registrant: 91.2%) and it voted for 48.7% 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 (22.0% of 41), COMPENSATION (12.5% of 32) and DIRECTOR ELECTIONS (3.8% of 664).
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 | 5.6% | 6.7% | 10.2% |
| Say-on-pay support rate | 95.9% | 91.2% | 84.6% |
| Shareholder-proposal support rate | 48.7% | 28.8% | 37.0% |
| Shares on loan, share of shares held | 0.00% | 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 | 664 | 635 | 11 | 3.8% | |
| SECTION 14A SAY-ON-PAY VOTES | 87 | 71 | 3 | 3.4% | |
| AUDIT-RELATED | 77 | 77 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 2 | 2 | 0 | 100.0% | |
| EXTRAORDINARY TRANSACTIONS | 5 | 5 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 13 | 12 | 1 | 15.4% | |
| COMPENSATION | 32 | 25 | 7 | 12.5% | |
| CORPORATE GOVERNANCE | 44 | 36 | 8 | 22.0% | |
| ENVIRONMENT OR CLIMATE | 9 | 1 | 8 | 11.1% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 3 | 0 | 3 | 0.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 4 | 3 | 1 | 75.0% | |
| OTHER SOCIAL ISSUES | 11 | 5 | 6 | 45.5% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 964 | 5.6% | 95.9% | 48.7% |
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
Counting one say-on-pay item per company meeting, AQUILA FUNDS TRUST voted against management on 3 of the 74 it marked either way (4.1%) in the year to 30 June 2024.
- Pioneer Natural Resources Company 7 Feb 2024
- Workday, Inc. 18 Jun 2024
- Zscaler, Inc. 5 Jan 2024
Shareholder proposals it supported
Of 39 proposals from security holders that could be told apart in the filings and on which it cast a vote, AQUILA FUNDS TRUST voted for 19 (48.7%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| American Tower Corporation | 22 May 2024 | To consider a stockholder proposal, if properly presented, regarding the ownership threshold required to... |
| American Tower Corporation | 22 May 2024 | To consider a stockholder proposal, if properly presented, regarding disclosure of racial and gender pay gaps. |
| FORD MOTOR COMPANY | 9 May 2024 | Relating to Consideration of a Recapitalization Plan to Provide That All of the Company's Outstanding... |
| The Kraft Heinz Company | 2 May 2024 | Shareholder proposal: ENVIRONMENT OR CLIMATE |
| The Kraft Heinz Company | 2 May 2024 | Stockholder Proposal - Report on group-housed pork |
| DexCom, Inc. | 22 May 2024 | To provide a non-binding, advisory vote on pay equity disclosure. |
| DexCom, Inc. | 22 May 2024 | To provide a non-binding, advisory vote on transparency in lobbying. |
| The Bank of New York Mellon Corporation | 9 Apr 2024 | Report on Lobbying Payments and Policy |
| IDEXX Laboratories, Inc. | 6 May 2024 | Shareholder proposal regarding simple majority vote (Proposal Four). |
| Occidental Petroleum Corporation | 2 May 2024 | Shareholder Proposal Requesting an Annual Report on Lobbying |
| WEC Energy Group, Inc. | 9 May 2024 | Stockholder proposal regarding simple majority vote |
| Verisk Analytics, Inc. | 15 May 2024 | Shareholder Proposal - Simple Majority Vote |
| First Solar, Inc. | 8 May 2024 | Stockholder proposal to adopt a shareholder right to call a special shareholder meeting |
| Steel Dynamics, Inc. | 9 May 2024 | Shareholder proposal - adopt a shareholder right to call a special shareholder meeting |
| JACOBS SOLUTIONS INC. | 24 Jan 2024 | Shareholder Proposal - Simple Majority Vote. |
| Cboe Global Markets, Inc. | 16 May 2024 | Advisory vote on a stockholder proposal to provide stockholders the right to call a special meeting of... |
| Dick's Sporting Goods, Inc. | 12 Jun 2024 | Stockholder proposal requesting that the Board adopt a policy requiring the Company to publicly disclose... |
| Caesars Entertainment, Inc. | 11 Jun 2024 | Shareholder proposal: OTHER SOCIAL ISSUES |
| AeroVironment, Inc. | 29 Sep 2023 | Advisory vote on stockholder proposal seeking declassification of the Board of Directors. |
Shares on loan
AQUILA FUNDS TRUST reported no shares on loan for the year to 30 June 2024. 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 |
|---|---|---|---|---|
| Aquila Opportunity Growth Fund | 964 | 5.6% | 95.9% | 48.7% |
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 31 Jul 2024 accession 0000707800-24-000030
- Every N-PX filing by this filer on EDGAR
Questions
How did AQUILA FUNDS TRUST vote on executive pay?
In the year to 30 June 2024 AQUILA FUNDS TRUST reported 74 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 71 were for (95.9%), 3 against and 0 abstentions. Counting one item per company meeting, it voted against management on 3 of the 74 say-on-pay items it marked either way.
How often does AQUILA FUNDS TRUST vote against management?
5.6% of the time in the year to 30 June 2024: 53 of the 942 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 AQUILA FUNDS TRUST support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 9 votes on proposals from security holders in the year to 30 June 2024 and voted for 1 of them (11.1%). Across every category it voted for 48.7% 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 AQUILA FUNDS TRUST (filer no. 707800), 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.