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Form N-PX · fund registrantSEC filer no. 763852

JPMORGAN TRUST II

fund voting report, part of J.P. Morgan

Vote records reported
17,993year to 30 June 2026
Against management
3.5%622 of 17,994 marked votes
Say-on-pay support
88.1%for, of for + against + abstain
Shareholder-proposal support
10.9%for, of for + against + abstain
93.0% for5.9% against1.1% other3.5% against management18,017 votes

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

For the year to 30 June 2026, JPMORGAN TRUST II reported 17,993 vote records on Form N-PX. 622 of the 17,994 votes that were marked for or against management went against management: 3.5%, 2.8 percentage points below the median fund registrant (6.2%).

Weighted by the number of shares voted, the against-management share is 2.5%. 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 88.1% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 10.9% 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 (25.7% of 70), CORPORATE GOVERNANCE (13.8% of 785) and SECTION 14A SAY-ON-PAY VOTES (11.7% of 1,630).

It reported 97.8 million shares out on loan at record dates, 0.64% 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 share3.5%6.2%10.6%
Say-on-pay support rate88.1%91.6%86.0%
Shareholder-proposal support rate10.9%27.5%33.9%
Shares on loan, share of shares held0.64%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 ELECTIONS12,74512,5071501.8%
SECTION 14A SAY-ON-PAY VOTES1,6301,35018111.7%
AUDIT-RELATED1,5781,57620.1%
INVESTMENT COMPANY MATTERS1311215.4%
SHAREHOLDER RIGHTS AND DEFENSES7063725.7%
EXTRAORDINARY TRANSACTIONS11711343.4%
CAPITAL STRUCTURE26625795.6%
COMPENSATION5294557410.9%
CORPORATE GOVERNANCE79541537813.8%
ENVIRONMENT OR CLIMATE127111161.6%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE8411733.6%
DIVERSITY, EQUITY, AND INCLUSION8112693.8%
OTHER SOCIAL ISSUES173161574.0%
OTHER8558240.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202417,5014.1%90.3%16.5%
year to 30 June 202517,7663.3%90.6%13.2%
year to 30 June 202617,9933.5%88.1%10.9%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, JPMORGAN TRUST II voted against management on 131 of the 1,116 it marked either way (11.7%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

Shareholder proposals it supported

Of 348 proposals from security holders that could be told apart in the filings and on which it cast a vote, JPMORGAN TRUST II voted for 40 (11.5%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting...
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
JPMorgan Chase & Co.19 May 2026Independent board chairman
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Packaging Policies for Plastics
PEPSICO, INC.6 May 2026Shareholder Proposal - Independent Board Chair.
Tesla, Inc.6 Nov 2025A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to...
Tesla, Inc.6 Nov 2025Declassify the Board of Directors
Pfizer Inc.23 Apr 2026Adopt an Independent Chair Policy
AT&T INC.14 May 2026EEO-1 Report Disclosure Policy
Wells Fargo & Company28 Apr 2026Shareholder Proposal - Govern by Majority Vote.
The Goldman Sachs Group, Inc.29 Apr 2026Shareholder Proposal Regarding Lobbying Disclosure
PALANTIR TECHNOLOGIES INC.3 Jun 2026Stockholder proposal entitled "Political Spending Disclosure,"
Starbucks Corporation25 Mar 2026Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority...
Palo Alto Networks, Inc.9 Dec 2025To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding...
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding annual vote regarding executive pay.
United Parcel Service, Inc.7 May 2026To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.
Target Corporation10 Jun 2026Require Independent Board Chair
FORD MOTOR COMPANY14 May 2026A shareholder proposal relating to a request that the Board take steps to implement one vote per share for...
Sysco Corporation14 Nov 2025Adopt Mandatory Policy Separating the Roles of CEO and Board Chair
General Motors Company2 Jun 2026Shareholder Proposal Requesting a Report on Human Rights Standards for Indigenous Peoples
Snowflake Inc.29 Jun 2026To consider and vote on, if properly presented at the meeting, a non-binding stockholder proposal...
Fastenal Company23 Apr 2026Shareholder proposal relating to an EEO-1 reporting disclosure policy
WEC Energy Group, Inc.7 May 2026Stockholder proposal to govern by majority vote
Dollar General Corporation28 May 2026To vote on a shareholder proposal asking the Board to report on the feasibility of adopting a...
Block, Inc.16 Jun 2026Stockholder proposal regarding establishing a board-level technology committee
Charter Communications, Inc.21 Apr 2026Stockholder proposal regarding political expenditures report.
Citizens Financial Group, Inc.23 Apr 2026Shareholder proposal for the adoption of a majority voting standard.
NetApp, Inc.10 Sep 2025To approve a stockholder proposal regarding support for Special Shareholder Meeting Improvement.
ON Semiconductor Corporation14 May 2026To vote on a stockholder proposal regarding simple majority voting
Centene Corporation12 May 2026Stockholder proposal regarding an independent board chairman.
BJ's Wholesale Club Holdings, Inc.18 Jun 2026Vote on a shareholder proposal regarding adopting a majority voting standard
DT Midstream, Inc.5 May 2026Stockholder Proposal on Shareholder Right to Act by Written Consent.
Norwegian Cruise Line Holdings Ltd.11 Jun 2026A shareholder proposal requesting the declassification of our board of directors
Universal Health Services, Inc.20 May 2026Stockholder proposal to adopt a policy requiring Universal Health Services, Inc. to publicly disclose its...
Henry Schein, Inc.21 May 2026Proposal to approve, by non-binding vote, a shareholder proposal to Govern by Majority Vote.
Five Below, Inc.16 Jun 2026Shareholder proposal requesting that provisions in the Company's governance documents requiring greater...
Lumen Technologies, Inc.20 May 2026Approval of a shareholder proposal regarding a shareholder right to vote for or against a poison pill.
Eagle Materials Inc.4 Aug 2025Non-binding advisory stockholder proposal requesting the declassification of our Board of Directors.
Wyndham Hotels & Resorts, Inc.14 May 2026To vote on a stockholder proposal, if properly presented at the meeting, regarding stockholder ability to...
MAREX GROUP PLC21 May 2026To authorise the Company to make political donations

Shares on loan

JPMORGAN TRUST II reported 97.8 million shares on loan at record dates against 15.06 billion shares voted: 0.64% 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

11 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
JPMorgan Equity Index Fund6,5873.7%86.4%11.1%
JPMorgan Small Cap Value Fund4,3354.4%88.9%18.2%
JPMorgan Large Cap Value Fund1,4522.9%87.3%9.5%
JPMorgan Equity Income Fund1,2792.0%92.6%5.7%
JPMorgan Mid Cap Growth Fund1,1402.1%95.3%25.0%
JPMorgan SMID Cap Equity Fund1,0473.3%87.8%25.0%
JPMorgan Small Cap Growth Fund1,0122.9%91.7%42.9%
JPMorgan Large Cap Growth Fund9812.3%97.3%10.0%
JPMorgan High Yield Fund715.8%not reportednot reported
JPMorgan Core Plus Bond Fund488.3%not reportednot reported
JPMorgan Municipal Money Market Fund410.0%not reportednot reported

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 JPMORGAN TRUST II vote on executive pay?

In the year to 30 June 2026 JPMORGAN TRUST II reported 1,527 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 1,346 were for (88.1%), 181 against and 0 abstentions. Counting one item per company meeting, it voted against management on 131 of the 1,116 say-on-pay items it marked either way.

How often does JPMORGAN TRUST II vote against management?

3.5% of the time in the year to 30 June 2026: 622 of the 17,994 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 JPMORGAN TRUST II support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 118 votes on proposals from security holders in the year to 30 June 2026 and voted for 2 of them (1.7%). Across every category it voted for 10.9% 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 JPMORGAN TRUST II (filer no. 763852), 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.