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Form N-PX · fund registrantSEC filer no. 736054

VANGUARD STAR FUNDS

fund voting report, part of Vanguard

Vote records reported
139,828year to 30 June 2026
Against management
11.9%16,064 of 135,474 marked votes
Say-on-pay support
100.0%for, of for + against + abstain
Shareholder-proposal support
72.2%for, of for + against + abstain
86.2% for12.4% against1.4% other11.9% against management138,776 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

VANGUARD STAR FUNDS reported 139,828 vote records for the year to 30 June 2026. It marked 11.9% of its votes as cast against management (16,064 of 135,474), 5.6 percentage points above the median fund registrant, which was 6.2%.

Weighted by the number of shares voted, the against-management share is 8.7%. 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 100.0% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 72.2% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (26.4% of 212), CORPORATE GOVERNANCE (22.7% of 46,595) and OTHER SOCIAL ISSUES (21.7% of 734).

It reported 51.69 billion shares out on loan at record dates, 3.26% 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 2026This filerMedian fund registrantAll filers pooled
Against-management share11.9%6.2%10.6%
Say-on-pay support rate100.0%91.6%86.0%
Shareholder-proposal support rate72.2%27.5%33.9%
Shares on loan, share of shares held3.26%0.00%3.12%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%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)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS41,60937,8932,0324.8%
SECTION 14A SAY-ON-PAY VOTES504000.0%
AUDIT-RELATED7,0316,8281912.3%
INVESTMENT COMPANY MATTERS6253914.5%
SHAREHOLDER RIGHTS AND DEFENSES2681625426.4%
EXTRAORDINARY TRANSACTIONS3,5573,489681.9%
CAPITAL STRUCTURE26,53024,9621,5685.6%
COMPENSATION18,22916,0152,16111.4%
CORPORATE GOVERNANCE47,26536,01311,08922.7%
ENVIRONMENT OR CLIMATE3872611007.5%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE276259171.1%
DIVERSITY, EQUITY, AND INCLUSION26825991.1%
OTHER SOCIAL ISSUES73551322221.7%
OTHER2,4431,9514874.8%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 2024129,7199.9%87.5%77.8%
year to 30 June 2025127,8387.9%95.2%74.6%
year to 30 June 2026139,82811.9%100.0%72.2%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, VANGUARD STAR FUNDS voted against management on 0 of the 20 it marked either way (0.0%) in the year to 30 June 2026.

Shareholder proposals it supported

Of 1,485 proposals from security holders that could be told apart in the filings and on which it cast a vote, VANGUARD STAR FUNDS voted for 776 (52.3%). 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.

CompanyMeetingProposal
Contemporary Amperex Technology Co., Ltd.25 Dec 2025Shareholder proposal: CAPITAL STRUCTURE
Eni SpA6 May 2026Shareholder proposal: AUDIT-RELATED
Eni SpA6 May 2026Shareholder proposal: AUDIT-RELATED
Eni SpA6 May 2026Shareholder proposal: CORPORATE GOVERNANCE
Eni SpA6 May 2026Shareholder proposal: CORPORATE GOVERNANCE
FinecoBank SpA29 Apr 2026Shareholder proposal: AUDIT-RELATED
FinecoBank SpA29 Apr 2026Shareholder proposal: CORPORATE GOVERNANCE
Leonardo SpA7 May 2026Shareholder proposal: CORPORATE GOVERNANCE
Leonardo SpA7 May 2026Fix Board Terms for Directors
Leonardo SpA7 May 2026Fix Number of Directors
Galp Energia SGPS SA8 May 2026Appraise Management and Supervision of Company and Approve Vote of Confidence to Corporate Bodies
Moncler SpA21 Apr 2026Shareholder proposal: AUDIT-RELATED
Moncler SpA21 Apr 2026Shareholder proposal: AUDIT-RELATED
Moncler SpA21 Apr 2026Shareholder proposal: CORPORATE GOVERNANCE
Assicurazioni Generali SpA23 Apr 2026Shareholder proposal: AUDIT-RELATED
EDP SA16 Apr 2026Appraise Management of Company and Approve Vote of Confidence to Executive Board
EDP SA16 Apr 2026Appraise Supervision of Company and Approve Vote of Confidence to Supervisory Board
EDP SA16 Apr 2026Shareholder proposal: CORPORATE GOVERNANCE
Banca Monte dei Paschi di Siena SpA15 Apr 2026Shareholder proposal: AUDIT-RELATED
Banco BPM SpA16 Apr 2026Shareholder proposal: AUDIT-RELATED
Poste Italiane SpA27 Apr 2026Shareholder proposal: CORPORATE GOVERNANCE
PT Bank Mandiri (Persero) Tbk19 Dec 2025Approve Delegation of Authority for Approval of the 2026 Company Work Plan and Budget
Petroleo Brasileiro SA16 Apr 2026Shareholder proposal: AUDIT-RELATED
Jeronimo Martins SGPS SA23 Apr 2026Appraise Management and Supervision of Company and Approve Vote of Confidence to Corporate Bodies
Jeronimo Martins SGPS SA23 Apr 2026Shareholder proposal: CORPORATE GOVERNANCE
Recordati SpA29 Apr 2026Shareholder proposal: AUDIT-RELATED
Recordati SpA29 Apr 2026Shareholder proposal: AUDIT-RELATED
Recordati SpA29 Apr 2026Shareholder proposal: CORPORATE GOVERNANCE
TERNA Rete Elettrica Nazionale SpA12 May 2026Shareholder proposal: CORPORATE GOVERNANCE
TERNA Rete Elettrica Nazionale SpA12 May 2026Shareholder proposal: CORPORATE GOVERNANCE
TERNA Rete Elettrica Nazionale SpA12 May 2026Fix Board Terms for Directors
TERNA Rete Elettrica Nazionale SpA12 May 2026Fix Number of Directors
TERNA Rete Elettrica Nazionale SpA12 May 2026Shareholder proposal: AUDIT-RELATED
Powszechny Zaklad Ubezpieczen SA23 Dec 2025Shareholder Proposal Regarding Approval of Claim to Seek Compensation for Losses against Beata...
Buzzi SpA13 May 2026Shareholder proposal: AUDIT-RELATED
Buzzi SpA13 May 2026Shareholder proposal: CORPORATE GOVERNANCE
Buzzi SpA13 May 2026Shareholder proposal: CORPORATE GOVERNANCE
Buzzi SpA13 May 2026Fix Board Terms for Directors
Buzzi SpA13 May 2026Fix Number of Directors
Itau Unibanco Holding SA28 Apr 2026Shareholder proposal: AUDIT-RELATED

Shares on loan

VANGUARD STAR FUNDS reported 51.69 billion shares on loan at record dates against 1.53 trillion shares voted: 3.26% 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.

SeriesVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND139,82811.9%100.0%53.4%

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.

Questions

How did VANGUARD STAR FUNDS vote on executive pay?

In the year to 30 June 2026 VANGUARD STAR FUNDS reported 40 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 40 were for (100.0%), 0 against and 0 abstentions. Counting one item per company meeting, it voted against management on 0 of the 20 say-on-pay items it marked either way.

How often does VANGUARD STAR FUNDS vote against management?

11.9% of the time in the year to 30 June 2026: 16,064 of the 135,474 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 VANGUARD STAR FUNDS support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 97 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 72.2% 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 VANGUARD STAR FUNDS (filer no. 736054), 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.