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NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST
fund voting report, part of Neuberger Berman
- Vote records reported
- 2,088year to 30 June 2026
- Against management
- 6.9%143 of 2,085 marked votes
- Say-on-pay support
- 87.1%for, of for + against + abstain
- Shareholder-proposal support
- 34.5%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2026, NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST reported 2,088 vote records on Form N-PX. 143 of the 2,085 votes that were marked for or against management went against management: 6.9%, close to the median fund registrant (6.2%).
Weighted by the number of shares voted, the against-management share is 10.0%. 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 87.1% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 34.5% 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 (33.8% of 65), SHAREHOLDER RIGHTS AND DEFENSES (24.1% of 29) and CAPITAL STRUCTURE (13.9% of 36).
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 | 6.9% | 6.2% | 10.6% |
| Say-on-pay support rate | 87.1% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 34.5% | 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 | 1,475 | 1,408 | 32 | 4.5% | |
| SECTION 14A SAY-ON-PAY VOTES | 181 | 148 | 22 | 13.3% | |
| AUDIT-RELATED | 179 | 178 | 1 | 0.6% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 30 | 20 | 10 | 24.1% | |
| EXTRAORDINARY TRANSACTIONS | 13 | 13 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 36 | 32 | 4 | 13.9% | |
| COMPENSATION | 63 | 52 | 11 | 11.1% | |
| CORPORATE GOVERNANCE | 65 | 43 | 22 | 33.8% | |
| ENVIRONMENT OR CLIMATE | 13 | 0 | 13 | 0.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 10 | 3 | 7 | 30.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 4 | 1 | 3 | 0.0% | |
| OTHER SOCIAL ISSUES | 18 | 10 | 8 | 38.9% | |
| OTHER | 1 | 0 | 1 | not reported |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 2,947 | 6.1% | 85.7% | 28.9% | |
| year to 30 June 2025 | 2,288 | 7.1% | 88.0% | 32.8% | |
| year to 30 June 2026 | 2,088 | 6.9% | 87.1% | 34.5% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST voted against management on 22 of the 161 it marked either way (13.7%) in the year to 30 June 2026.
- Alphabet Inc. 5 Jun 2026
- Intel Corporation 13 May 2026
- Capital One Financial Corporation 8 May 2026
- Arista Networks, Inc. 29 May 2026
- The Cigna Group 22 Apr 2026
- Cloudflare, Inc. 30 Jun 2026
- Axon Enterprise, Inc. 28 May 2026
- Ulta Beauty, Inc. 9 Jun 2026
- Expedia Group, Inc. 17 Jun 2026
- IQVIA Holdings Inc. 23 Apr 2026
- The Trade Desk, Inc. 4 May 2026
- HEICO Corporation 13 Mar 2026
- Zscaler, Inc. 12 Jan 2026
- Skyworks Solutions, Inc. 13 May 2026
- Pure Storage, Inc. 10 Jun 2026
- Fortune Brands Innovations, Inc. 5 May 2026
- Tradeweb Markets Inc. 19 May 2026
- Wayfair Inc. 21 May 2026
- IPG Photonics Corporation 12 May 2026
- Hut 8 Corp. 11 Jun 2026
- Lionsgate Studios Corp. 17 Mar 2026
- The ODP Corporation 5 Dec 2025
Shareholder proposals it supported
Of 80 proposals from security holders that could be told apart in the filings and on which it cast a vote, NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST voted for 27 (33.8%). 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 |
| Amazon.com, Inc. | 20 May 2026 | Shareholder proposal requesting a mandatory independent board chair policy |
| 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 a report on AI data usage oversight |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on AI-generated misinformation |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on data privacy |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding AI Board oversight |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| JPMorgan Chase & Co. | 19 May 2026 | Lobbying alignment |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Independent Board Chair |
| Berkshire Hathaway Inc. | 2 May 2026 | Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework... |
| Colgate-Palmolive Company | 8 May 2026 | Stockholder proposal entitled "Independent Board Chairman." |
| The Cigna Group | 22 Apr 2026 | Shareholder Proposal - Shareholder Right to Act by Written Consent |
| FedEx Corporation | 29 Sep 2025 | Stockholder proposal regarding independent board chairman. |
| O'Reilly Automotive, Inc. | 14 May 2026 | Shareholder proposal entitled "Avoid Brand Damage due to Corporate Political Spending." |
| Otis Worldwide Corporation | 27 May 2026 | Shareholder proposal regarding reporting on political contributions and expenditures |
| General Motors Company | 2 Jun 2026 | Shareholder Proposal Regarding Separation of Chair and CEO Roles |
| Dominion Energy, Inc. | 5 May 2026 | Shareholder Proposal Regarding a Policy for an Independent Chair |
| United Rentals, Inc. | 8 May 2026 | Advisory approval of executive compensation |
| Cintas Corporation | 28 Oct 2025 | A shareholder proposal regarding support for shareholder ability to call for a special shareholder meeting. |
| Fastenal Company | 23 Apr 2026 | Shareholder proposal relating to an EEO-1 reporting disclosure policy |
| Datadog, Inc. | 15 Jun 2026 | The stockholder proposal, if properly presented at the Annual Meeting, requesting the adoption of a simple... |
| Zimmer Biomet Holdings, Inc. | 22 May 2026 | Shareholder Proposal on Independent Board Chairman. |
| 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. |
| Zscaler, Inc. | 12 Jan 2026 | To vote on a non-binding stockholder proposal requesting the declassification of our board of directors. |
Shares on loan
NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST 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
3 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 |
|---|---|---|---|---|
| Mid Cap Intrinsic Value Portfolio | 906 | 5.2% | 87.7% | 20.8% |
| Mid Cap Growth Portfolio | 664 | 9.7% | 85.2% | 77.8% |
| Quality Equity Portfolio | 518 | 6.2% | 88.6% | 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 20 Aug 2026 accession 0001213900-26-092134
- Every N-PX filing by this filer on EDGAR
Questions
How did NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST vote on executive pay?
In the year to 30 June 2026 NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST reported 170 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 148 were for (87.1%), 22 against and 0 abstentions. Counting one item per company meeting, it voted against management on 22 of the 161 say-on-pay items it marked either way.
How often does NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST vote against management?
6.9% of the time in the year to 30 June 2026: 143 of the 2,085 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 NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 13 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 34.5% 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 NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST (filer no. 736913), 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.