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DEUTSCHE DWS VARIABLE SERIES II
fund voting report, part of DWS
- Vote records reported
- 6,121year to 30 June 2026
- Against management
- 6.1%367 of 5,991 marked votes
- Say-on-pay support
- 87.6%for, of for + against + abstain
- Shareholder-proposal support
- 40.4%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2026, DEUTSCHE DWS VARIABLE SERIES II reported 6,121 vote records on Form N-PX. 367 of the 5,991 votes that were marked for or against management went against management: 6.1%, close to the median fund registrant (6.2%).
Weighted by the number of shares voted, the against-management share is 5.9%. 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 87.6% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 40.4% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in OTHER SOCIAL ISSUES (28.8% of 73), COMPENSATION (13.7% of 417) and HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (12.5% of 24).
It reported 2.8 million shares out on loan at record dates, 3.69% 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 2026 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 6.1% | 6.2% | 10.6% |
| Say-on-pay support rate | 87.6% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 40.4% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 3.69% | 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 | 3,545 | 3,382 | 61 | 4.4% | |
| SECTION 14A SAY-ON-PAY VOTES | 388 | 318 | 45 | 11.1% | |
| AUDIT-RELATED | 490 | 487 | 3 | 0.4% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 18 | 15 | 3 | 16.7% | |
| EXTRAORDINARY TRANSACTIONS | 39 | 36 | 3 | 7.7% | |
| CAPITAL STRUCTURE | 389 | 376 | 13 | 3.9% | |
| COMPENSATION | 425 | 357 | 63 | 13.7% | |
| CORPORATE GOVERNANCE | 739 | 676 | 63 | 9.5% | |
| ENVIRONMENT OR CLIMATE | 57 | 16 | 41 | 1.8% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 24 | 15 | 9 | 12.5% | |
| DIVERSITY, EQUITY, AND INCLUSION | 30 | 12 | 18 | 0.0% | |
| OTHER SOCIAL ISSUES | 73 | 41 | 32 | 28.8% | |
| OTHER | 11 | 6 | 5 | 0.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 6,223 | 7.7% | 92.2% | 63.8% | |
| year to 30 June 2025 | 6,025 | 7.5% | 89.4% | 44.1% | |
| year to 30 June 2026 | 6,121 | 6.1% | 87.6% | 40.4% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, DEUTSCHE DWS VARIABLE SERIES II voted against management on 35 of the 335 it marked either way (10.4%) in the year to 30 June 2026.
- Alphabet Inc. 5 Jun 2026
- Broadcom Inc. 20 Apr 2026
- Wells Fargo & Company 28 Apr 2026
- Adobe Inc. 15 Apr 2026
- Intuitive Surgical, Inc. 30 Apr 2026
- Citigroup Inc. 20 May 2026
- Comcast Corporation 10 Jun 2026
- Arista Networks, Inc. 29 May 2026
- PayPal Holdings, Inc. 19 May 2026
- T-Mobile US, Inc. 16 Jun 2026
- Dell Technologies Inc. 25 Jun 2026
- VIATRIS INC. 15 May 2026
- Regeneron Pharmaceuticals, Inc. 12 Jun 2026
- Autodesk, Inc. 17 Jun 2026
- Monolithic Power Systems, Inc. 11 Jun 2026
- Omnicom Group Inc. 5 May 2026
- Tyler Technologies, Inc. 5 May 2026
- Zebra Technologies Corporation 19 May 2026
- IonQ, Inc. 16 Jun 2026
- Exact Sciences Corporation 20 Feb 2026
- Molina Healthcare, Inc. 6 May 2026
- Wingstop Inc. 21 May 2026
- SiTime Corporation 29 May 2026
- Moelis & Company 25 Jun 2026
- Core Scientific, Inc. 30 Oct 2025
- Core Scientific, Inc. 12 May 2026
- MARA Holdings, Inc. 18 Jun 2026
- Rhythm Pharmaceuticals, Inc. 24 Jun 2026
- Hut 8 Corp. 11 Jun 2026
- Scholar Rock Holding Corporation 4 Jun 2026
- Coty Inc. 6 Nov 2025
- Triumph Financial, Inc. 23 Apr 2026
- Hilltop Holdings, Inc. 24 Jul 2025
- Nabors Industries Ltd. 2 Jun 2026
- Bandwidth Inc. 28 May 2026
Shareholder proposals it supported
Of 146 proposals from security holders that could be told apart in the filings and on which it cast a vote, DEUTSCHE DWS VARIABLE SERIES II voted for 60 (41.1%). 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.
| Company | Meeting | Proposal |
|---|---|---|
| Microsoft Corporation | 5 Dec 2025 | Report on Human Rights Due Diligence |
| Microsoft Corporation | 5 Dec 2025 | Report on Al and Machine Learning Tools for Oil and Gas Development and Production |
| Microsoft Corporation | 5 Dec 2025 | Report on Al Data Usage Oversight |
| Microsoft Corporation | 5 Dec 2025 | Report on Data Operations in Human Rights Hotspots |
| 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 | Independent board chairman |
| Mastercard Incorporated | 16 Jun 2026 | Consideration of a stockholder proposal regarding shareholder right to act by written consent |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to prepare an annual lobbying report. |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair. |
| Merck & Co., Inc. | 26 May 2026 | Shareholder proposal regarding a report on political contributions. |
| Bank of America Corporation | 4 May 2026 | Shareholder proposal requesting independent board chair |
| PEPSICO, INC. | 6 May 2026 | Shareholder Proposal - Report Evaluating the Treatment of Animals within Supply Chain. |
| QUALCOMM Incorporated | 17 Mar 2026 | Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting." |
| International Business Machines Corporation | 28 Apr 2026 | Stockholder Proposal Requesting a Right to Act by Written Consent |
| Wells Fargo & Company | 28 Apr 2026 | Require Independent Board Chair |
| Wells Fargo & Company | 28 Apr 2026 | Shareholder Proposal - Govern by Majority Vote. |
| Comcast Corporation | 10 Jun 2026 | Adopt policy to have an independent chair |
| Gilead Sciences, Inc. | 30 Apr 2026 | To vote on a stockholder proposal requesting a report on the impact of extended patent exclusivities on... |
| LOCKHEED MARTIN CORPORATION | 12 May 2026 | Stockholder Proposal Requiring Independent Board Chairman |
| Lam Research Corporation | 4 Nov 2025 | Stockholder proposal titled "Realistic Shareholder Ability to Call for a Special Shareholder Meeting," |
| Booking Holdings Inc. | 2 Jun 2026 | Non-binding stockholder vote on a proposal to avoid brand damage due to corporate political spending. |
| Booking Holdings Inc. | 2 Jun 2026 | Non-binding stockholder vote on a stockholder resolution regarding business operations in illegal settlements. |
| Target Corporation | 10 Jun 2026 | Shareholder proposal requesting a report on presence of pesticides in Target's private label brands. |
| Target Corporation | 10 Jun 2026 | Require Independent Board Chair |
| Zoetis Inc. | 20 May 2026 | Shareholder proposal to permit shareholder action by written consent. |
| PayPal Holdings, Inc. | 19 May 2026 | Stockholder Proposal - Reduce Threshold to Call Special Meetings of Stockholders. |
| Autodesk, Inc. | 17 Jun 2026 | Stockholder proposal requesting amendment to stockholder special meeting right. |
| Equinix, Inc. | 13 May 2026 | Consideration and vote upon a stockholder proposal, if properly presented at the Annual Meeting, related... |
| Delta Air Lines, Inc. | 18 Jun 2026 | A shareholder proposal requesting the ability for shareholders to act by written consent. |
| HCA Healthcare, Inc. | 23 Apr 2026 | Stockholder proposal, if properly presented at the meeting, regarding stockholders' right to act by... |
| HCA Healthcare, Inc. | 23 Apr 2026 | Stockholder proposal, if properly presented at the meeting, regarding a report on healthcare consequences. |
| Dollar General Corporation | 28 May 2026 | To vote on a shareholder proposal asking the Board to take the steps necessary to reduce the minimum... |
| Cognizant Technology Solutions Corporation | 2 Jun 2026 | Shareholder proposal to adopt shareholder right to act by written consent |
| Dover Corporation | 8 May 2026 | To consider a shareholder proposal requesting an independent board chair. |
| SHOPIFY INC. | 16 Jun 2026 | Adopt a Policy on Responsible Use of Artificial Intelligence ("AI") in the Company's Business and Operations |
Shares on loan
DEUTSCHE DWS VARIABLE SERIES II reported 2.8 million shares on loan at record dates against 74.0 million shares voted: 3.69% 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
6 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 |
|---|---|---|---|---|
| DWS Global Income Builder VIP | 1,489 | 5.2% | 79.1% | 40.9% |
| DWS International Opportunities VIP | 1,324 | 6.1% | 100.0% | 26.7% |
| DWS Small Mid Cap Value VIP | 1,246 | 6.4% | 91.7% | 60.0% |
| DWS CROCI U.S. VIP | 1,045 | 5.6% | 86.1% | 39.7% |
| DWS Small Mid Cap Growth VIP | 960 | 7.7% | 91.3% | 66.7% |
| DWS High Income VIP | 57 | 7.0% | 100.0% | not 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.
- N-PX filed 17 Aug 2026 accession 0000088053-26-000639
- Every N-PX filing by this filer on EDGAR
Questions
How did DEUTSCHE DWS VARIABLE SERIES II vote on executive pay?
In the year to 30 June 2026 DEUTSCHE DWS VARIABLE SERIES II reported 363 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 318 were for (87.6%), 45 against and 0 abstentions. Counting one item per company meeting, it voted against management on 35 of the 335 say-on-pay items it marked either way.
How often does DEUTSCHE DWS VARIABLE SERIES II vote against management?
6.1% of the time in the year to 30 June 2026: 367 of the 5,991 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 DEUTSCHE DWS VARIABLE SERIES II support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 42 votes on proposals from security holders in the year to 30 June 2026 and voted for 1 of them (2.4%). Across every category it voted for 40.4% 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 DEUTSCHE DWS VARIABLE SERIES II (filer no. 810573), 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.