Home / Morgan Stanley, Eaton Vance and Calvert / Calvert Variable Series, Inc.
Calvert Variable Series, Inc.
fund voting report, part of Morgan Stanley, Eaton Vance and Calvert
- Vote records reported
- 1,348year to 30 June 2026
- Against management
- 30.2%406 of 1,346 marked votes
- Say-on-pay support
- 27.8%for, of for + against + abstain
- Shareholder-proposal support
- 66.2%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Calvert Variable Series, Inc. reported 1,348 vote records for the year to 30 June 2026. It marked 30.2% of its votes as cast against management (406 of 1,346), 23.9 percentage points above the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 31.0%. 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 27.8% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 66.2% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in SECTION 14A SAY-ON-PAY VOTES (69.6% of 112), OTHER SOCIAL ISSUES (42.3% of 26) and CORPORATE GOVERNANCE (33.0% of 94).
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 | 30.2% | 6.2% | 10.6% |
| Say-on-pay support rate | 27.8% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 66.2% | 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 | 942 | 665 | 211 | 29.4% | |
| SECTION 14A SAY-ON-PAY VOTES | 112 | 30 | 78 | 69.6% | |
| AUDIT-RELATED | 114 | 114 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 7 | 5 | 2 | 14.3% | |
| EXTRAORDINARY TRANSACTIONS | 1 | 1 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 13 | 13 | 0 | 0.0% | |
| COMPENSATION | 30 | 27 | 3 | 6.7% | |
| CORPORATE GOVERNANCE | 95 | 89 | 6 | 33.0% | |
| ENVIRONMENT OR CLIMATE | 18 | 7 | 11 | 38.9% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 6 | 4 | 2 | 66.7% | |
| DIVERSITY, EQUITY, AND INCLUSION | 12 | 2 | 10 | 9.1% | |
| OTHER SOCIAL ISSUES | 26 | 11 | 15 | 42.3% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 1,279 | 26.3% | 42.0% | 74.7% | |
| year to 30 June 2025 | 1,362 | 26.0% | 34.8% | 63.9% | |
| year to 30 June 2026 | 1,348 | 30.2% | 27.8% | 66.2% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Calvert Variable Series, Inc. voted against management on 71 of the 101 it marked either way (70.3%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.
- Microsoft Corporation 5 Dec 2025
- NVIDIA Corporation 24 Jun 2026
- Apple Inc. 24 Feb 2026
- Broadcom Inc. 20 Apr 2026
- JPMorgan Chase & Co. 19 May 2026
- Eli Lilly and Company 4 May 2026
- AbbVie Inc. 8 May 2026
- Walmart Inc. 4 Jun 2026
- UnitedHealth Group Incorporated 1 Jun 2026
- The Coca-Cola Company 29 Apr 2026
- The TJX Companies, Inc. 9 Jun 2026
- Gilead Sciences, Inc. 30 Apr 2026
- Amphenol Corporation 21 May 2026
- Palo Alto Networks, Inc. 9 Dec 2025
- Lam Research Corporation 4 Nov 2025
- Automatic Data Processing, Inc. 12 Nov 2025
- Analog Devices, Inc. 11 Mar 2026
- Intercontinental Exchange, Inc. 15 May 2026
- Constellation Energy Corporation 28 Apr 2026
- Carrier Global Corporation 15 Apr 2026
- Parker-Hannifin Corporation 22 Oct 2025
- Motorola Solutions, Inc. 18 May 2026
- United Rentals, Inc. 8 May 2026
- Arthur J. Gallagher & Co. 12 May 2026
- Baker Hughes Company 19 May 2026
- AMETEK, Inc. 7 May 2026
- Microchip Technology Incorporated 19 Aug 2025
- Huntington Bancshares Incorporated 22 Apr 2026
- Fair Isaac Corporation 4 Mar 2026
- Citizens Financial Group, Inc. 23 Apr 2026
- NiSource Inc. 11 May 2026
- ON Semiconductor Corporation 14 May 2026
- Avery Dennison Corporation 30 Apr 2026
- Arch Capital Group Ltd. 5 May 2026
- CMS Energy Corporation 8 May 2026
- HEICO Corporation 13 Mar 2026
- CDW Corporation 21 May 2026
- Alliant Energy Corporation 20 May 2026
- Tyler Technologies, Inc. 5 May 2026
- Domino's Pizza, Inc. 21 Apr 2026
Shareholder proposals it supported
Of 72 proposals from security holders that could be told apart in the filings and on which it cast a vote, Calvert Variable Series, Inc. voted for 47 (65.3%). 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 |
|---|---|---|
| Microsoft Corporation | 5 Dec 2025 | Report on Human Rights Due Diligence |
| Microsoft Corporation | 5 Dec 2025 | Report on Al Data Usage Oversight |
| Microsoft Corporation | 5 Dec 2025 | Report on Data Operations in Human Rights Hotspots |
| Amazon.com, Inc. | 20 May 2026 | Shareholder proposal requesting a mandatory independent board chair policy |
| Amazon.com, Inc. | 20 May 2026 | Shareholder proposal requesting additional reporting on impact of data centers on climate commitments |
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting reporting on greenhouse gas emissions from the... |
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting... |
| Visa Inc. | 27 Jan 2026 | Shareholder proposal on shareholder right to act by written consent. |
| JPMorgan Chase & Co. | 19 May 2026 | Independent board chairman |
| JPMorgan Chase & Co. | 19 May 2026 | Lobbying alignment |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to prepare an annual lobbying report. |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair. |
| AbbVie Inc. | 8 May 2026 | Stockholder Proposal - to Adopt a Policy to Require an Independent Chair |
| Netflix, Inc. | 4 Jun 2026 | Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent," |
| Walmart Inc. | 4 Jun 2026 | Report on Workplace Health and Safety Governance |
| Walmart Inc. | 4 Jun 2026 | Human rights or human capital/workforce |
| Walmart Inc. | 4 Jun 2026 | Report on Immigration Policy & Enforcement |
| UnitedHealth Group Incorporated | 1 Jun 2026 | If properly presented at the 2026 Annual Meeting of Shareholders, the shareholder proposal requesting the... |
| The Coca-Cola Company | 29 Apr 2026 | Vote on a shareowner proposal requesting a report on risks related to ingredients |
| The Coca-Cola Company | 29 Apr 2026 | Vote on a shareowner proposal requesting a report on the Company's plans to increase sustainability disclosure |
| Linde Plc | 29 Jul 2025 | A shareholder proposal requesting an annual report regarding the alignment of the Company's direct and... |
| Gilead Sciences, Inc. | 30 Apr 2026 | To vote on a stockholder proposal requesting an independent Board Chair policy |
| Gilead Sciences, Inc. | 30 Apr 2026 | To vote on a stockholder proposal requesting a report on the impact of extended patent exclusivities on... |
| 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 |
| Intercontinental Exchange, Inc. | 15 May 2026 | A stockholder proposal regarding independent board chairman |
| 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... |
| Fastenal Company | 23 Apr 2026 | Shareholder proposal relating to an EEO-1 reporting disclosure policy |
| Quest Diagnostics Incorporated | 20 May 2026 | Stockholder proposal regarding an independent board chairman |
| Verisk Analytics, Inc. | 19 May 2026 | Shareholder Proposal - Shareholder Right to Act by Written Consent. |
| ON Semiconductor Corporation | 14 May 2026 | To vote on a stockholder proposal regarding simple majority voting |
| Avery Dennison Corporation | 30 Apr 2026 | Require Independent Board Chair |
| CMS Energy Corporation | 8 May 2026 | Vote on a 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... |
| Tyler Technologies, Inc. | 5 May 2026 | Shareholder Proposal Regarding Political Spending. |
| Cincinnati Financial Corporation | 2 May 2026 | A nonbinding shareholder proposal |
| Domino's Pizza, Inc. | 21 Apr 2026 | Shareholder proposal regarding an independent board chair requirement. |
| Domino's Pizza, Inc. | 21 Apr 2026 | Shareholder proposal: CORPORATE GOVERNANCE |
Shares on loan
Calvert Variable Series, Inc. 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
2 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 |
|---|---|---|---|---|
| Calvert VP SRI Mid Cap Portfolio | 707 | 33.6% | 30.2% | 88.9% |
| Calvert VP SRI Balanced Portfolio | 641 | 26.4% | 25.0% | 58.9% |
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 11 Aug 2026 accession 0001140361-26-032177
- Every N-PX filing by this filer on EDGAR
Questions
How did Calvert Variable Series, Inc. vote on executive pay?
In the year to 30 June 2026 Calvert Variable Series, Inc. reported 108 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 30 were for (27.8%), 78 against and 0 abstentions. Counting one item per company meeting, it voted against management on 71 of the 101 say-on-pay items it marked either way.
How often does Calvert Variable Series, Inc. vote against management?
30.2% of the time in the year to 30 June 2026: 406 of the 1,346 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 Calvert Variable Series, Inc. support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 18 votes on proposals from security holders in the year to 30 June 2026 and voted for 7 of them (38.9%). Across every category it voted for 66.2% 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 Calvert Variable Series, Inc. (filer no. 708950), 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.