Home / MFS / MFS SPECIAL VALUE TRUST
MFS SPECIAL VALUE TRUST
fund voting report, part of MFS
- Vote records reported
- 441year to 30 June 2024
- Against management
- 3.2%14 of 441 marked votes
- Say-on-pay support
- 100.0%for, of for + against + abstain
- Shareholder-proposal support
- 20.8%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
In its Form N-PX for the year to 30 June 2024, MFS SPECIAL VALUE TRUST listed 441 vote records. Votes against management made up 3.2% of those marked either way (14 of 441); the median fund registrant stood at 6.7%.
Weighted by the number of shares voted, the against-management share is 3.2%. 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: 91.2%) and it voted for 20.8% of the proposals put forward by security holders (the median fund registrant: 28.8%).
By category, votes against management were most frequent in CORPORATE GOVERNANCE (19.2% of 26), OTHER SOCIAL ISSUES (10.0% of 20) and DIRECTOR ELECTIONS (1.0% of 305).
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 1,284 fund registrants with at least 25 vote records in the season.
| year to 30 June 2024 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 3.2% | 6.7% | 10.2% |
| Say-on-pay support rate | 100.0% | 91.2% | 84.6% |
| Shareholder-proposal support rate | 20.8% | 28.8% | 37.0% |
| Shares on loan, share of shares held | 0.00% | 0.00% | 0.08% |
| 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 | 305 | 302 | 2 | 1.0% | |
| SECTION 14A SAY-ON-PAY VOTES | 26 | 25 | 0 | 0.0% | |
| AUDIT-RELATED | 27 | 27 | 0 | 0.0% | |
| EXTRAORDINARY TRANSACTIONS | 1 | 1 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 7 | 7 | 0 | 0.0% | |
| COMPENSATION | 18 | 12 | 6 | 11.1% | |
| CORPORATE GOVERNANCE | 26 | 19 | 7 | 19.2% | |
| ENVIRONMENT OR CLIMATE | 18 | 3 | 15 | 11.1% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 8 | 1 | 7 | 0.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 10 | 2 | 8 | 10.0% | |
| OTHER SOCIAL ISSUES | 20 | 3 | 17 | 10.0% | |
| OTHER | 3 | 3 | 0 | 0.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 441 | 3.2% | 100.0% | 20.8% |
Only one season is on file for this entry so far. The structured Form N-PX began with the year to 30 June 2024.
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, MFS SPECIAL VALUE TRUST voted against management on 0 of the 25 it marked either way (0.0%) in the year to 30 June 2024.
Shareholder proposals it supported
Of 48 proposals from security holders that could be told apart in the filings and on which it cast a vote, MFS SPECIAL VALUE TRUST voted for 10 (20.8%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| ConocoPhillips | 14 May 2024 | Simple Majority Vote. |
| Morgan Stanley | 23 May 2024 | Shareholder proposal regarding transparency in lobbying |
| Prologis, Inc. | 9 May 2024 | Vote on a stockholder proposal titled "Simple Majority Vote." |
| THE BOEING COMPANY | 17 May 2024 | Report on Climate Lobbying. |
| THE BOEING COMPANY | 17 May 2024 | Racial and Gender Pay Gap Disclosure. |
| THE BOEING COMPANY | 17 May 2024 | Adoption of Value Chain Emission Reduction Target. |
| The Cigna Group | 24 Apr 2024 | Shareholder proposal - improve the shareholder right to call a special shareholder meeting. |
| Analog Devices, Inc. | 13 Mar 2024 | Shareholder proposal regarding simple majority voting |
| THE SOUTHERN COMPANY | 22 May 2024 | Stockholder proposal regarding simple majority vote |
| Marsh & McLennan Companies, Inc. | 16 May 2024 | Stockholder Proposal - Shareholder Right to Act by Written Consent |
Shares on loan
MFS SPECIAL VALUE TRUST reported no shares on loan for the year to 30 June 2024. 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.
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 27 Aug 2024 accession 0001104659-24-093453
- Every N-PX filing by this filer on EDGAR
Questions
How did MFS SPECIAL VALUE TRUST vote on executive pay?
In the year to 30 June 2024 MFS SPECIAL VALUE TRUST reported 25 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 25 were for (100.0%), 0 against and 0 abstentions. Counting one item per company meeting, it voted against management on 0 of the 25 say-on-pay items it marked either way.
How often does MFS SPECIAL VALUE TRUST vote against management?
3.2% of the time in the year to 30 June 2024: 14 of the 441 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 MFS SPECIAL VALUE TRUST support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 17 votes on proposals from security holders in the year to 30 June 2024 and voted for 2 of them (11.8%). Across every category it voted for 20.8% 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 MFS SPECIAL VALUE TRUST (filer no. 856128), 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.