Home / Capital Group and American Funds / NEW PERSPECTIVE FUND
NEW PERSPECTIVE FUND
fund voting report, part of Capital Group and American Funds
- Vote records reported
- 4,495year to 30 June 2026
- Against management
- 3.8%166 of 4,422 marked votes
- Say-on-pay support
- 86.5%for, of for + against + abstain
- Shareholder-proposal support
- 29.5%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
NEW PERSPECTIVE FUND reported 4,495 vote records for the year to 30 June 2026. It marked 3.8% of its votes as cast against management (166 of 4,422), 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 4.2%. 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 86.5% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 29.5% 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 (13.6% of 132), CORPORATE GOVERNANCE (7.5% of 749) and CAPITAL STRUCTURE (7.0% of 459).
It reported 464.9 million shares out on loan at record dates, 1.33% 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 | 3.8% | 6.2% | 10.6% |
| Say-on-pay support rate | 86.5% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 29.5% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 1.33% | 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 | 2,270 | 2,231 | 30 | 1.5% | |
| SECTION 14A SAY-ON-PAY VOTES | 132 | 109 | 17 | 13.6% | |
| AUDIT-RELATED | 261 | 259 | 2 | 0.0% | |
| INVESTMENT COMPANY MATTERS | 1 | 1 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 12 | 7 | 5 | 25.0% | |
| EXTRAORDINARY TRANSACTIONS | 23 | 22 | 1 | 4.3% | |
| CAPITAL STRUCTURE | 459 | 429 | 30 | 7.0% | |
| COMPENSATION | 560 | 527 | 32 | 4.3% | |
| CORPORATE GOVERNANCE | 762 | 702 | 59 | 7.5% | |
| ENVIRONMENT OR CLIMATE | 54 | 18 | 36 | 0.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 34 | 17 | 17 | 0.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 38 | 17 | 21 | 0.0% | |
| OTHER SOCIAL ISSUES | 86 | 29 | 57 | 1.2% | |
| OTHER | 10 | 6 | 4 | 14.3% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 4,560 | 3.8% | 84.3% | 16.1% | |
| year to 30 June 2025 | 4,411 | 4.0% | 88.7% | 15.5% | |
| year to 30 June 2026 | 4,495 | 3.8% | 86.5% | 29.5% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, NEW PERSPECTIVE 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
- Oracle Corporation 18 Nov 2025
- Tesla, Inc. 6 Nov 2025
- THE BOEING COMPANY 17 Apr 2026
- Welltower Inc. 21 May 2026
- Regeneron Pharmaceuticals, Inc. 12 Jun 2026
- AppLovin Corporation 3 Jun 2026
- Aon Plc 26 Jun 2026
- Copart, Inc. 5 Dec 2025
- Cloudflare, Inc. 30 Jun 2026
- The Estee Lauder Companies Inc. 13 Nov 2025
- Roblox Corporation 28 May 2026
- Atlassian Corporation 2 Dec 2025
- MongoDB, Inc. 30 Jun 2026
- CRISPR THERAPEUTICS AG 4 Jun 2026
Shareholder proposals it supported
Of 161 proposals from security holders that could be told apart in the filings and on which it cast a vote, NEW PERSPECTIVE FUND voted for 44 (27.3%). 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 |
|---|---|---|
| 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. |
| 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," |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Independent Board Chair |
| 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 |
| Tesla, Inc. | 6 Nov 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| McDonald's Corporation | 20 May 2026 | Advisory Vote to Adopt Policy for an Independent Chair. |
| McDonald's Corporation | 20 May 2026 | Advisory Vote on Shareholders' Right to Act by Written Consent. |
| International Business Machines Corporation | 28 Apr 2026 | Stockholder Proposal Requesting a Right to Act by Written Consent |
| CATERPILLAR INC. | 10 Jun 2026 | Shareholder Proposal - Shareholder Right to Act by Written Consent |
| Pfizer Inc. | 23 Apr 2026 | Adopt an Independent Chair Policy |
| ServiceNow, Inc. | 21 May 2026 | Shareholder proposal regarding shareholder right to act by written consent. |
| Bristol-Myers Squibb Company | 5 May 2026 | Require Independent Board Chair |
| ConocoPhillips | 12 May 2026 | Stockholder Proposal - Independent Board Chairman. |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Special Shareholder Meeting Thresholds |
| 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... |
| THE BOEING COMPANY | 17 Apr 2026 | Action by Written Consent. |
| Micron Technology, Inc. | 15 Jan 2026 | Reduce Ownership Threshold for Shareholders to Call Special Meeting |
| 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. |
| 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 |
| Yum! Brands, Inc. | 14 May 2026 | Shareholder Proposal to Reduce the Percentage of Shares Required to Call a Special Meeting. |
| AppLovin Corporation | 3 Jun 2026 | Stockholder proposal regarding disclosure of voting results by class of shares |
| Delta Air Lines, Inc. | 18 Jun 2026 | A shareholder proposal requesting the ability for shareholders to act by written consent. |
| Keysight Technologies, Inc. | 19 Mar 2026 | Consider, on a non-binding advisory basis, a Stockholder Proposal: Shareholder Ability to Call for a... |
| Equifax Inc. | 7 May 2026 | Shareholder proposal to lower the ownership threshold to call a special meeting of shareholders to 10%. |
Shares on loan
NEW PERSPECTIVE FUND reported 464.9 million shares on loan at record dates against 34.46 billion shares voted: 1.33% 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 |
|---|---|---|---|---|
| NEW PERSPECTIVE FUND | 4,495 | 3.8% | 86.3% | 27.4% |
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 0001104659-26-102944
- Every N-PX filing by this filer on EDGAR
Questions
How did NEW PERSPECTIVE FUND vote on executive pay?
In the year to 30 June 2026 NEW PERSPECTIVE FUND reported 126 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 109 were for (86.5%), 17 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 NEW PERSPECTIVE FUND vote against management?
3.8% of the time in the year to 30 June 2026: 166 of the 4,422 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 NEW PERSPECTIVE FUND support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 36 votes on proposals from security holders in the year to 30 June 2026 and voted for 0 of them (0.0%). Across every category it voted for 29.5% 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 NEW PERSPECTIVE FUND (filer no. 71516), 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.