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Form N-PX · fund registrantSEC filer no. 743773

Calvert Variable Trust, Inc.

fund voting report, part of Morgan Stanley, Eaton Vance and Calvert

Vote records reported
39,883year to 30 June 2026
Against management
34.2%13,503 of 39,458 marked votes
Say-on-pay support
30.4%for, of for + against + abstain
Shareholder-proposal support
62.6%for, of for + against + abstain
65.6% for23.8% against10.7% other34.2% against management39,645 votes

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

In its Form N-PX for the year to 30 June 2026, Calvert Variable Trust, Inc. listed 39,883 vote records. Votes against management made up 34.2% of those marked either way (13,503 of 39,458); the median fund registrant stood at 6.2%.

Weighted by the number of shares voted, the against-management share is 30.1%. 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 30.4% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 62.6% 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 (64.8% of 2,905), DIRECTOR ELECTIONS (42.5% of 24,214) and HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (33.3% of 117).

It reported 64,838 shares out on loan at record dates, 0.01% 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 share34.2%6.2%10.6%
Say-on-pay support rate30.4%91.6%86.0%
Shareholder-proposal support rate62.6%27.5%33.9%
Shares on loan, share of shares held0.01%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 ELECTIONS24,25413,9246,36642.5%
SECTION 14A SAY-ON-PAY VOTES2,9068081,85164.8%
AUDIT-RELATED3,5313,482481.1%
INVESTMENT COMPANY MATTERS54120.0%
SHAREHOLDER RIGHTS AND DEFENSES1171001722.6%
EXTRAORDINARY TRANSACTIONS336303338.3%
CAPITAL STRUCTURE2,0081,922864.6%
COMPENSATION2,7372,16556720.2%
CORPORATE GOVERNANCE3,8193,41539313.8%
ENVIRONMENT OR CLIMATE2221408231.7%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1171001733.3%
DIVERSITY, EQUITY, AND INCLUSION129795012.6%
OTHER SOCIAL ISSUES2871909723.4%
OTHER99277229.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202441,26930.9%44.8%69.7%
year to 30 June 202540,51131.7%32.5%63.2%
year to 30 June 202639,88334.2%30.4%62.6%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Calvert Variable Trust, Inc. voted against management on 1,693 of the 2,415 it marked either way (70.1%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

A further 1 say-on-pay item was reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 590 proposals from security holders that could be told apart in the filings and on which it cast a vote, Calvert Variable Trust, Inc. voted for 377 (63.9%). 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
Microsoft Corporation5 Dec 2025Report on Human Rights Due Diligence
Microsoft Corporation5 Dec 2025Report on Al Data Usage Oversight
Microsoft Corporation5 Dec 2025Report on Data Operations in Human Rights Hotspots
Amazon.com, Inc.20 May 2026Shareholder proposal requesting a mandatory independent board chair policy
Amazon.com, Inc.20 May 2026Shareholder proposal requesting additional reporting on impact of data centers on climate commitments
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting reporting on greenhouse gas emissions from the...
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting...
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on AI data usage oversight
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on AI-generated misinformation
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on data privacy
Alphabet Inc.5 Jun 2026Shareholder proposal regarding AI Board oversight
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on impact of U.S. immigration policy
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
Alphabet Inc.5 Jun 2026Shareholder proposal regarding an enhanced disclosure on climate goals
Visa Inc.27 Jan 2026Shareholder proposal on shareholder right to act by written consent.
JPMorgan Chase & Co.19 May 2026Independent board chairman
JPMorgan Chase & Co.19 May 2026Lobbying alignment
Johnson & Johnson23 Apr 2026Independent Board Chair
Mastercard Incorporated16 Jun 2026Consideration of a stockholder proposal regarding shareholder right to act by written consent
Eli Lilly and Company4 May 2026Shareholder proposal to prepare an annual lobbying report.
Eli Lilly and Company4 May 2026Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair.
AbbVie Inc.8 May 2026Stockholder Proposal - to Adopt a Policy to Require an Independent Chair
Netflix, Inc.4 Jun 2026Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent,"
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Biodiversity Impact and Dependency Assessment
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Customer Data Privacy Risks
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Packaging Policies for Plastics
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Independent Board Chair
Merck & Co., Inc.26 May 2026Shareholder proposal regarding a report on political contributions.
CHEVRON CORPORATION27 May 2026Commission a Third-Party Report on Human Rights Processes
CHEVRON CORPORATION27 May 2026Report on Indigenous Peoples' Rights
Bank of America Corporation4 May 2026Shareholder proposal requesting independent board chair
Bank of America Corporation4 May 2026Shareholder proposal requesting report on board oversight of risks related to animal welfare
The Procter & Gamble Company14 Oct 2025Shareholder Proposal Requesting Additional Reporting on Plastic Packaging
Walmart Inc.4 Jun 2026Report on Workplace Health and Safety Governance
Walmart Inc.4 Jun 2026Human rights or human capital/workforce
Walmart Inc.4 Jun 2026Report on Immigration Policy & Enforcement
Berkshire Hathaway Inc.2 May 2026Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework...
UnitedHealth Group Incorporated1 Jun 2026If properly presented at the 2026 Annual Meeting of Shareholders, the shareholder proposal requesting the...
The Walt Disney Company18 Mar 2026Shareholder proposal, if properly presented at the meeting, requesting an independent review and report on...
PEPSICO, INC.6 May 2026Shareholder Proposal - Report on Human Rights Oversight.

Shares on loan

Calvert Variable Trust, Inc. reported 64,838 shares on loan at record dates against 475.1 million shares voted: 0.01% 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

5 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
CVT Russell 2000 Small Cap Index Portfolio16,15741.9%34.3%81.8%
CVT EAFE International Index Portfolio11,67324.7%not reported40.2%
CVT S&P 500 Index Portfolio6,59131.2%20.4%70.2%
CVT S&P MidCap 400 Index Portfolio4,11635.9%22.9%82.0%
CVT NASDAQ 100 Index Portfolio1,34632.7%24.4%65.8%

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 Calvert Variable Trust, Inc. vote on executive pay?

In the year to 30 June 2026 Calvert Variable Trust, Inc. reported 2,660 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 808 were for (30.4%), 1,851 against and 1 abstentions. Counting one item per company meeting, it voted against management on 1,693 of the 2,415 say-on-pay items it marked either way. A further 1 say-on-pay item was reported without a management mark and are not counted in that figure.

How often does Calvert Variable Trust, Inc. vote against management?

34.2% of the time in the year to 30 June 2026: 13,503 of the 39,458 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 Trust, Inc. support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 148 votes on proposals from security holders in the year to 30 June 2026 and voted for 68 of them (45.9%). Across every category it voted for 62.6% 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 Trust, Inc. (filer no. 743773), 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.