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IMPAX FUNDS SERIES TRUST I
fund voting report
- Vote records reported
- 7,333year to 30 June 2026
- Against management
- 10.3%752 of 7,285 marked votes
- Say-on-pay support
- 100.0%for, of for + against + abstain
- Shareholder-proposal support
- 4.2%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
IMPAX FUNDS SERIES TRUST I reported 7,333 vote records for the year to 30 June 2026. It marked 10.3% of its votes as cast against management (752 of 7,285), 4.1 percentage points above the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 7.8%. 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 4.2% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (60.7% of 28), ENVIRONMENT OR CLIMATE (58.6% of 58) and SHAREHOLDER RIGHTS AND DEFENSES (55.9% of 93).
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 | 10.3% | 6.2% | 10.6% |
| Say-on-pay support rate | 100.0% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 4.2% | 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 | 4,075 | 4,056 | 0 | 7.8% | |
| SECTION 14A SAY-ON-PAY VOTES | 342 | 319 | 0 | 12.9% | |
| AUDIT-RELATED | 511 | 510 | 0 | 20.8% | |
| INVESTMENT COMPANY MATTERS | 1 | 1 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 95 | 32 | 62 | 55.9% | |
| EXTRAORDINARY TRANSACTIONS | 35 | 35 | 0 | 8.6% | |
| CAPITAL STRUCTURE | 595 | 591 | 4 | 2.9% | |
| COMPENSATION | 579 | 559 | 15 | 10.5% | |
| CORPORATE GOVERNANCE | 928 | 860 | 49 | 8.1% | |
| ENVIRONMENT OR CLIMATE | 58 | 7 | 51 | 58.6% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 28 | 0 | 28 | 60.7% | |
| DIVERSITY, EQUITY, AND INCLUSION | 17 | 0 | 17 | 5.9% | |
| OTHER SOCIAL ISSUES | 69 | 19 | 50 | 37.7% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 8,831 | 9.6% | 83.4% | 60.3% | |
| year to 30 June 2025 | 8,128 | 9.8% | 82.2% | 59.1% | |
| year to 30 June 2026 | 7,333 | 10.3% | 100.0% | 4.2% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, IMPAX FUNDS SERIES TRUST I voted against management on 33 of the 233 it marked either way (14.2%) in the year to 30 June 2026.
- Amazon.com, Inc. 20 May 2026
- Alphabet Inc. 5 Jun 2026
- Broadcom Inc. 20 Apr 2026
- Thermo Fisher Scientific Inc. 20 May 2026
- NextEra Energy, Inc. 21 May 2026
- Wells Fargo & Company 28 Apr 2026
- Texas Instruments Incorporated 16 Apr 2026
- Citigroup Inc. 20 May 2026
- Intel Corporation 13 May 2026
- Starbucks Corporation 25 Mar 2026
- Amphenol Corporation 21 May 2026
- Palo Alto Networks, Inc. 9 Dec 2025
- BlackRock, Inc. 20 May 2026
- Emerson Electric Co. 3 Feb 2026
- Prologis, Inc. 28 Apr 2026
- The Bank of New York Mellon Corporation 14 Apr 2026
- Welltower Inc. 21 May 2026
- Marvell Technology, Inc. 25 Jun 2026
- MercadoLibre, Inc. 9 Jun 2026
- Ulta Beauty, Inc. 9 Jun 2026
- DoorDash, Inc. 10 Jun 2026
- Principal Financial Group, Inc. 19 May 2026
- lululemon athletica inc. 25 Jun 2026
- Rivian Automotive, Inc. 22 Jun 2026
- Southern Copper Corporation 29 May 2026
- Wyndham Hotels & Resorts, Inc. 14 May 2026
- Macy's, Inc. 15 May 2026
- Trex Company, Inc. 28 Apr 2026
- Workiva Inc. 28 May 2026
- Roivant Sciences Ltd. 10 Sep 2025
- ON HOLDING AG 28 May 2026
- TechTarget, Inc. 24 Jul 2025
- TechTarget, Inc. 11 Jun 2026
Shareholder proposals it supported
Of 180 proposals from security holders that could be told apart in the filings and on which it cast a vote, IMPAX FUNDS SERIES TRUST I voted for 1 (0.6%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| lululemon athletica inc. | 25 Jun 2026 | Declassify the Board of Directors |
Shares on loan
IMPAX FUNDS SERIES TRUST I 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
8 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 |
|---|---|---|---|---|
| Impax International Sustainable Economy Fund | 2,299 | 6.1% | not reported | 0.0% |
| Impax US Sustainable Economy Fund | 1,865 | 15.6% | 100.0% | 1.4% |
| Impax Global Opportunities Fund | 620 | 9.4% | 100.0% | 0.0% |
| Impax Global Environmental Markets Fund | 612 | 8.0% | 100.0% | 0.0% |
| Impax Large Cap Fund | 573 | 15.5% | 100.0% | 0.0% |
| Impax Small Cap Fund | 570 | 12.3% | 100.0% | 0.0% |
| Impax Global Sustainable Infrastructure ETF | 550 | 7.7% | 100.0% | 0.0% |
| Impax Global Social Leaders Fund | 244 | 6.6% | 100.0% | 0.0% |
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 31 Aug 2026 accession 0001398344-26-016225
- Every N-PX filing by this filer on EDGAR
Questions
How did IMPAX FUNDS SERIES TRUST I vote on executive pay?
In the year to 30 June 2026 IMPAX FUNDS SERIES TRUST I reported 319 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 319 were for (100.0%), 0 against and 0 abstentions. Counting one item per company meeting, it voted against management on 33 of the 233 say-on-pay items it marked either way.
How often does IMPAX FUNDS SERIES TRUST I vote against management?
10.3% of the time in the year to 30 June 2026: 752 of the 7,285 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 IMPAX FUNDS SERIES TRUST I support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 51 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 4.2% 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 IMPAX FUNDS SERIES TRUST I (filer no. 76721), 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.