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LAUDUS TRUST
fund voting report, part of Charles Schwab
- Vote records reported
- 1,454year to 30 June 2026
- Against management
- 6.6%96 of 1,462 marked votes
- Say-on-pay support
- 89.4%for, of for + against + abstain
- Shareholder-proposal support
- 12.8%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2026, LAUDUS TRUST reported 1,454 vote records on Form N-PX. 96 of the 1,462 votes that were marked for or against management went against management: 6.6%, close to the median fund registrant (6.2%).
Weighted by the number of shares voted, the against-management share is 9.9%. 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 89.4% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 12.8% 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 (25.0% of 52), SHAREHOLDER RIGHTS AND DEFENSES (24.3% of 37) and CAPITAL STRUCTURE (20.0% of 30).
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 | 6.6% | 6.2% | 10.6% |
| Say-on-pay support rate | 89.4% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 12.8% | 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 | 995 | 950 | 25 | 4.5% | |
| SECTION 14A SAY-ON-PAY VOTES | 119 | 101 | 11 | 10.9% | |
| AUDIT-RELATED | 120 | 120 | 0 | 0.0% | |
| INVESTMENT COMPANY MATTERS | 2 | 2 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 38 | 16 | 22 | 24.3% | |
| CAPITAL STRUCTURE | 31 | 26 | 5 | 20.0% | |
| COMPENSATION | 41 | 29 | 11 | 19.5% | |
| CORPORATE GOVERNANCE | 52 | 25 | 27 | 25.0% | |
| ENVIRONMENT OR CLIMATE | 15 | 0 | 15 | 0.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 17 | 0 | 17 | 0.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 8 | 0 | 8 | 0.0% | |
| OTHER SOCIAL ISSUES | 26 | 2 | 23 | 7.7% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 1,236 | 8.5% | 92.0% | 27.1% | |
| year to 30 June 2025 | 1,422 | 6.3% | 89.4% | 9.4% | |
| year to 30 June 2026 | 1,454 | 6.6% | 89.4% | 12.8% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, LAUDUS TRUST voted against management on 10 of the 111 it marked either way (9.0%) in the year to 30 June 2026.
- Alphabet Inc. 5 Jun 2026
- Broadcom Inc. 20 Apr 2026
- Palo Alto Networks, Inc. 9 Dec 2025
- Snowflake Inc. 2 Jul 2025
- Snowflake Inc. 29 Jun 2026
- Cloudflare, Inc. 30 Jun 2026
- Roblox Corporation 28 May 2026
- Tradeweb Markets Inc. 19 May 2026
- Wingstop Inc. 21 May 2026
- Wayfair Inc. 21 May 2026
Shareholder proposals it supported
Of 121 proposals from security holders that could be told apart in the filings and on which it cast a vote, LAUDUS TRUST voted for 16 (13.2%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| 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 equal shareholder voting |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to... |
| Tesla, Inc. | 6 Nov 2025 | Declassify the Board of Directors |
| Tesla, Inc. | 6 Nov 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| Palo Alto Networks, Inc. | 9 Dec 2025 | To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding... |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding annual vote regarding executive pay. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding disclosure of voting results by share class. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding dual class capital structure. |
| Snowflake Inc. | 29 Jun 2026 | To consider and vote on, if properly presented at the meeting, a non-binding stockholder proposal... |
| AppLovin Corporation | 3 Jun 2026 | Stockholder proposal regarding disclosure of voting results by class of shares |
| Dollar General Corporation | 28 May 2026 | Shareholder proposal: CORPORATE GOVERNANCE |
| Datadog, Inc. | 15 Jun 2026 | The stockholder proposal, if properly presented at the Annual Meeting, requesting the adoption of a simple... |
| SHOPIFY INC. | 16 Jun 2026 | Shareholder Proposal Vote on the shareholder proposal, as disclosed in the Management Information Circular... |
| Zscaler, Inc. | 12 Jan 2026 | To vote on a non-binding stockholder proposal requesting the declassification of our board of directors. |
Shares on loan
LAUDUS 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
1 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 |
|---|---|---|---|---|
| Schwab Select Large Cap Growth Fund | 1,454 | 6.6% | 89.4% | 12.8% |
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.
- N-PX filed 28 Aug 2026 accession 0001193125-26-373362
- Every N-PX filing by this filer on EDGAR
Questions
How did LAUDUS TRUST vote on executive pay?
In the year to 30 June 2026 LAUDUS TRUST reported 113 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 101 were for (89.4%), 11 against and 1 abstentions. Counting one item per company meeting, it voted against management on 10 of the 111 say-on-pay items it marked either way.
How often does LAUDUS TRUST vote against management?
6.6% of the time in the year to 30 June 2026: 96 of the 1,462 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 LAUDUS TRUST support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 15 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 12.8% 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 LAUDUS TRUST (filer no. 832545), 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.