Home / Filers / NICHOLAS EQUITY INCOME FUND, INC.
NICHOLAS EQUITY INCOME FUND, INC.
fund voting report
- Vote records reported
- 847year to 30 June 2026
- Against management
- 3.3%28 of 846 marked votes
- Say-on-pay support
- 91.1%for, of for + against + abstain
- Shareholder-proposal support
- 26.7%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
NICHOLAS EQUITY INCOME FUND, INC. reported 847 vote records for the year to 30 June 2026. It marked 3.3% of its votes as cast against management (28 of 846), 2.9 percentage points below the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 2.9%. 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 91.1% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 26.7% 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 (25.5% of 51), SECTION 14A SAY-ON-PAY VOTES (8.9% of 56) and ENVIRONMENT OR CLIMATE (5.0% of 20).
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 | 3.3% | 6.2% | 10.6% |
| Say-on-pay support rate | 91.1% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 26.7% | 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 | 586 | 580 | 1 | 1.0% | |
| SECTION 14A SAY-ON-PAY VOTES | 56 | 51 | 5 | 8.9% | |
| AUDIT-RELATED | 59 | 59 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 2 | 2 | 0 | 0.0% | |
| EXTRAORDINARY TRANSACTIONS | 2 | 2 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 26 | 26 | 0 | 0.0% | |
| COMPENSATION | 33 | 31 | 2 | 3.0% | |
| CORPORATE GOVERNANCE | 52 | 39 | 13 | 25.5% | |
| ENVIRONMENT OR CLIMATE | 20 | 2 | 18 | 5.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 7 | 3 | 4 | 28.6% | |
| DIVERSITY, EQUITY, AND INCLUSION | 14 | 1 | 13 | 0.0% | |
| OTHER SOCIAL ISSUES | 29 | 3 | 26 | 0.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 1,026 | 6.6% | 90.2% | 37.9% | |
| year to 30 June 2025 | 880 | 4.2% | 91.1% | 28.6% | |
| year to 30 June 2026 | 847 | 3.3% | 91.1% | 26.7% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, NICHOLAS EQUITY INCOME FUND, INC. voted against management on 5 of the 55 it marked either way (9.1%) in the year to 30 June 2026.
- Broadcom Inc. 20 Apr 2026
- Oracle Corporation 18 Nov 2025
- BlackRock, Inc. 20 May 2026
- Prologis, Inc. 28 Apr 2026
- Microchip Technology Incorporated 19 Aug 2025
Shareholder proposals it supported
Of 60 proposals from security holders that could be told apart in the filings and on which it cast a vote, NICHOLAS EQUITY INCOME FUND, INC. voted for 16 (26.7%). 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 Data Operations in Human Rights Hotspots |
| JPMorgan Chase & Co. | 19 May 2026 | Independent board chairman |
| AbbVie Inc. | 8 May 2026 | Stockholder Proposal - to Adopt a Policy to Require an Independent Chair |
| McDonald's Corporation | 20 May 2026 | Advisory Vote on Shareholders' Right to Act by Written Consent. |
| NextEra Energy, Inc. | 21 May 2026 | Report on Plans to Reduce and Align GHG Emissions with Paris Agreement Goals |
| International Business Machines Corporation | 28 Apr 2026 | Stockholder Proposal Requesting a Right to Act by Written Consent |
| Texas Instruments Incorporated | 16 Apr 2026 | Stockholder proposal to permit stockholders to act by written consent. |
| ConocoPhillips | 12 May 2026 | Stockholder Proposal - Independent Board Chairman. |
| HONEYWELL INTERNATIONAL INC. | 22 May 2026 | Shareowner Proposal - Shareholder Right to Act by Written Consent. |
| Starbucks Corporation | 25 Mar 2026 | Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority... |
| Analog Devices, Inc. | 11 Mar 2026 | To consider a shareholder proposal |
| L3Harris Technologies, Inc. | 11 May 2026 | Shareholder Proposal titled "Improve Shareholder Ability to Call for a Special Shareholder Meeting". |
| Equinix, Inc. | 13 May 2026 | Consideration and vote upon a stockholder proposal, if properly presented at the Annual Meeting, related... |
| WEC Energy Group, Inc. | 7 May 2026 | Stockholder proposal to govern by majority vote |
| CMS Energy Corporation | 8 May 2026 | Vote on a Shareholder Proposal: Shareholder Right to Act by Written Consent. |
Shares on loan
NICHOLAS EQUITY INCOME FUND, INC. 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 |
|---|---|---|---|---|
| NICHOLAS EQUITY INCOME FUND INC | 847 | 3.3% | 91.1% | 26.7% |
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 24 Aug 2026 accession 0000913131-26-000007
- Every N-PX filing by this filer on EDGAR
Questions
How did NICHOLAS EQUITY INCOME FUND, INC. vote on executive pay?
In the year to 30 June 2026 NICHOLAS EQUITY INCOME FUND, INC. reported 56 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 51 were for (91.1%), 5 against and 0 abstentions. Counting one item per company meeting, it voted against management on 5 of the 55 say-on-pay items it marked either way.
How often does NICHOLAS EQUITY INCOME FUND, INC. vote against management?
3.3% of the time in the year to 30 June 2026: 28 of the 846 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 NICHOLAS EQUITY INCOME FUND, INC. support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 19 votes on proposals from security holders in the year to 30 June 2026 and voted for 1 of them (5.3%). Across every category it voted for 26.7% 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 NICHOLAS EQUITY INCOME FUND, INC. (filer no. 913131), 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.