Vote Scores

Home / Morgan Stanley, Eaton Vance and Calvert / MORGAN STANLEY PATHWAY FUNDS

Form N-PX · fund registrantSEC filer no. 875186

MORGAN STANLEY PATHWAY FUNDS

fund voting report, part of Morgan Stanley, Eaton Vance and Calvert

Vote records reported
54,824year to 30 June 2026
Against management
11.5%6,180 of 53,542 marked votes
Say-on-pay support
85.7%for, of for + against + abstain
Shareholder-proposal support
57.3%for, of for + against + abstain
86.4% for9.4% against4.1% other11.5% against management54,722 votes

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

In its Form N-PX for the year to 30 June 2026, MORGAN STANLEY PATHWAY FUNDS listed 54,824 vote records. Votes against management made up 11.5% of those marked either way (6,180 of 53,542); the median fund registrant stood at 6.2%.

Weighted by the number of shares voted, the against-management share is 10.1%. 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 85.7% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 57.3% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in EXTRAORDINARY TRANSACTIONS (26.2% of 1,016), SHAREHOLDER RIGHTS AND DEFENSES (18.9% of 90) and COMPENSATION (14.4% of 5,628).

It reported 51.7 million shares out on loan at record dates, 1.37% 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 share11.5%6.2%10.6%
Say-on-pay support rate85.7%91.6%86.0%
Shareholder-proposal support rate57.3%27.5%33.9%
Shares on loan, share of shares held1.37%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 ELECTIONS23,03719,9731,19610.6%
SECTION 14A SAY-ON-PAY VOTES1,5871,22720413.7%
AUDIT-RELATED3,6603,5181153.5%
INVESTMENT COMPANY MATTERS171615.9%
SHAREHOLDER RIGHTS AND DEFENSES102731818.9%
EXTRAORDINARY TRANSACTIONS1,01774926726.2%
CAPITAL STRUCTURE7,7387,0636698.6%
COMPENSATION5,6744,83081914.4%
CORPORATE GOVERNANCE13,30211,2841,79914.1%
ENVIRONMENT OR CLIMATE2091091002.9%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE11989301.7%
DIVERSITY, EQUITY, AND INCLUSION11887310.0%
OTHER SOCIAL ISSUES328231965.8%
OTHER607510953.3%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202475,3207.6%93.4%54.8%
year to 30 June 202547,1118.3%92.2%56.2%
year to 30 June 202654,82411.5%85.7%57.3%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, MORGAN STANLEY PATHWAY FUNDS voted against management on 171 of the 1,211 it marked either way (14.1%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

A further 1 say-on-pay item was reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 702 proposals from security holders that could be told apart in the filings and on which it cast a vote, MORGAN STANLEY PATHWAY FUNDS voted for 297 (42.3%). 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.

CompanyMeetingProposal
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting...
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on AI data usage oversight
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
JPMorgan Chase & Co.19 May 2026Independent board chairman
AbbVie Inc.8 May 2026Stockholder Proposal - to Adopt a Policy to Require an Independent Chair
Netflix, Inc.4 Jun 2026Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent,"
Bank of America Corporation4 May 2026Shareholder proposal requesting 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
Tesla, Inc.6 Nov 2025Shareholder proposal: CORPORATE GOVERNANCE
NextEra Energy, Inc.21 May 2026Report on Plans to Reduce and Align GHG Emissions with Paris Agreement Goals
CATERPILLAR INC.10 Jun 2026Shareholder Proposal - Shareholder Right to Act by Written Consent
Wells Fargo & Company28 Apr 2026Require Independent Board Chair
Wells Fargo & Company28 Apr 2026Shareholder Proposal - Govern by Majority Vote.
ServiceNow, Inc.21 May 2026Shareholder proposal regarding shareholder right to act by written consent.
ConocoPhillips12 May 2026Stockholder Proposal - Independent Board Chairman.
The Goldman Sachs Group, Inc.29 Apr 2026Shareholder Proposal Regarding Lobbying Disclosure
The Goldman Sachs Group, Inc.29 Apr 2026Shareholder Proposal Regarding Special Shareholder Meeting Thresholds
Lowe's Companies, Inc.29 May 2026Shareholder Proposal requesting a report on risks of sharing customer data with third parties.
HONEYWELL INTERNATIONAL INC.22 May 2026Shareowner Proposal - Shareholder Right to Act by Written Consent.
Comcast Corporation10 Jun 2026Adopt policy to have an independent chair
PALANTIR TECHNOLOGIES INC.3 Jun 2026Stockholder proposal entitled "Political Spending Disclosure,"
S&P Global Inc.20 May 2026Vote on a shareholder proposal to reduce the stock ownership threshold for calling a special shareholder...
THE BOEING COMPANY17 Apr 2026Action by Written Consent.
Micron Technology, Inc.15 Jan 2026Reduce Ownership Threshold for Shareholders to Call Special Meeting
Palo Alto Networks, Inc.9 Dec 2025To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding...
Booking Holdings Inc.2 Jun 2026Non-binding stockholder vote on a proposal to avoid brand damage due to corporate political spending.
Boston Scientific Corporation30 Apr 2026Stockholder proposal titled "Give Shareholders the Ability to Call for a Special Shareholder Meeting."
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding annual vote regarding executive pay.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding disclosure of voting results by share class.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding dual class capital structure.
Target Corporation10 Jun 2026Require Independent Board Chair
Zoetis Inc.20 May 2026Shareholder proposal to permit shareholder action by written consent.
Vertex Pharmaceuticals Incorporated13 May 2026Shareholder proposal, if properly presented at the meeting, regarding shareholder right to act by written...
PayPal Holdings, Inc.19 May 2026Stockholder Proposal - Reduce Threshold to Call Special Meetings of Stockholders.
The Sherwin-Williams Company22 Apr 2026Shareholder Proposal Regarding Shareholder Ability to Call a Special Meeting
Otis Worldwide Corporation27 May 2026Shareholder proposal regarding reporting on political contributions and expenditures
Synopsys, Inc.16 Apr 2026To vote on a stockholder proposal regarding 'stockholders' right to act by written consent
Marvell Technology, Inc.25 Jun 2026To consider and act on one stockholder proposal, entitled "Independent Board Chairman"
Snowflake Inc.29 Jun 2026To consider and vote on, if properly presented at the meeting, a non-binding stockholder proposal...

Shares on loan

MORGAN STANLEY PATHWAY FUNDS reported 51.7 million shares on loan at record dates against 3.73 billion shares voted: 1.37% 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

5 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
Morgan Stanley Pathway Funds - Emerging Markets Equity Fund23,10915.3%100.0%65.7%
Morgan Stanley Pathway Funds - International Equity Fund16,6365.1%60.0%20.8%
Morgan Stanley Pathway Funds - Small-Mid Cap Equity ETF10,48314.2%85.8%63.4%
Morgan Stanley Pathway Funds - Large Cap Equity ETF4,58610.4%86.8%34.6%
Morgan Stanley Pathway Funds - Core Fixed Income Fund100.0%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 MORGAN STANLEY PATHWAY FUNDS vote on executive pay?

In the year to 30 June 2026 MORGAN STANLEY PATHWAY FUNDS reported 1,431 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 1,227 were for (85.7%), 204 against and 0 abstentions. Counting one item per company meeting, it voted against management on 171 of the 1,211 say-on-pay items it marked either way. A further 1 say-on-pay item was reported without a management mark and are not counted in that figure.

How often does MORGAN STANLEY PATHWAY FUNDS vote against management?

11.5% of the time in the year to 30 June 2026: 6,180 of the 53,542 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 MORGAN STANLEY PATHWAY FUNDS support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 106 votes on proposals from security holders in the year to 30 June 2026 and voted for 6 of them (5.7%). Across every category it voted for 57.3% 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 MORGAN STANLEY PATHWAY FUNDS (filer no. 875186), 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.