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PIONEER VARIABLE CONTRACTS TRUST
fund voting report
- Vote records reported
- 3,192year to 30 June 2024
- Against management
- 5.6%176 of 3,134 marked votes
- Say-on-pay support
- 92.2%for, of for + against + abstain
- Shareholder-proposal support
- 25.8%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, PIONEER VARIABLE CONTRACTS TRUST listed 3,192 vote records. Votes against management made up 5.6% of those marked either way (176 of 3,134); the median fund registrant stood at 6.7%.
Weighted by the number of shares voted, the against-management share is 6.0%. 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 92.2% of the section 14A say-on-pay items it reported (the median fund registrant: 91.2%) and it voted for 25.8% 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 (23.0% of 139), ENVIRONMENT OR CLIMATE (13.8% of 87) and CAPITAL STRUCTURE (11.9% of 59).
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 | 5.6% | 6.7% | 10.2% |
| Say-on-pay support rate | 92.2% | 91.2% | 84.6% |
| Shareholder-proposal support rate | 25.8% | 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 | 2,147 | 2,058 | 41 | 3.9% | |
| SECTION 14A SAY-ON-PAY VOTES | 246 | 200 | 17 | 7.7% | |
| AUDIT-RELATED | 240 | 240 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 8 | 8 | 0 | 75.0% | |
| EXTRAORDINARY TRANSACTIONS | 6 | 5 | 1 | 16.7% | |
| CAPITAL STRUCTURE | 59 | 57 | 2 | 11.9% | |
| COMPENSATION | 109 | 88 | 21 | 8.3% | |
| CORPORATE GOVERNANCE | 145 | 123 | 22 | 23.0% | |
| ENVIRONMENT OR CLIMATE | 87 | 14 | 73 | 13.8% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 53 | 8 | 45 | 11.3% | |
| DIVERSITY, EQUITY, AND INCLUSION | 43 | 4 | 39 | 4.7% | |
| OTHER SOCIAL ISSUES | 109 | 10 | 99 | 7.3% | |
| OTHER | 2 | 2 | 0 | 0.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 3,192 | 5.6% | 92.2% | 25.8% |
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, PIONEER VARIABLE CONTRACTS TRUST voted against management on 16 of the 193 it marked either way (8.3%) in the year to 30 June 2024.
- Amazon.com, Inc. 22 May 2024
- Morgan Stanley 23 May 2024
- 3M Company 14 May 2024
- Analog Devices, Inc. 13 Mar 2024
- WARNER BROS. DISCOVERY, INC. 3 Jun 2024
- Marvell Technology, Inc. 20 Jun 2024
- Hess Corporation 28 May 2024
- Citizens Financial Group, Inc. 25 Apr 2024
- Axon Enterprise, Inc. 10 May 2024
- APA CORPORATION 23 May 2024
- Cloudflare, Inc. 4 Jun 2024
- Pure Storage, Inc. 12 Jun 2024
- Shockwave Medical, Inc. 29 May 2024
- Antero Resources Corporation 5 Jun 2024
- Option Care Health, Inc. 15 May 2024
- Ranpak Holdings Corp. 23 May 2024
Shareholder proposals it supported
Of 225 proposals from security holders that could be told apart in the filings and on which it cast a vote, PIONEER VARIABLE CONTRACTS TRUST voted for 62 (27.6%). 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 |
|---|---|---|
| Amazon.com, Inc. | 22 May 2024 | Disclose All Material Scope 3 GHG Emissions |
| Amazon.com, Inc. | 22 May 2024 | Commission a Third Party Audit on Working Conditions |
| NVIDIA Corporation | 26 Jun 2024 | Advisory approval of a stockholder proposal to replace the supermajority voting provisions in our charter... |
| JPMorgan Chase & Co. | 21 May 2024 | Shareholder opportunity to vote on excessive golden parachutes |
| JPMorgan Chase & Co. | 21 May 2024 | Independent board chairman |
| Merck & Co., Inc. | 28 May 2024 | Shareholder proposal regarding a shareholder right to act by written consent |
| The Home Depot, Inc. | 16 May 2024 | Shareholder Proposal Regarding Enhancements to the Company's Clawback Policy |
| EXXON MOBIL CORPORATION | 29 May 2024 | Shareholder proposal: ENVIRONMENT OR CLIMATE |
| Bank of America Corporation | 24 Apr 2024 | Report on Climate Lobbying |
| Bank of America Corporation | 24 Apr 2024 | Shareholder proposal requesting disclosure of clean energy financing ratio |
| Bank of America Corporation | 24 Apr 2024 | Shareholder proposal requesting independent board chair |
| Verizon Communications Inc. | 9 May 2024 | Amend clawback policy |
| Verizon Communications Inc. | 9 May 2024 | Independent Board chair |
| Danaher Corporation | 7 May 2024 | Reduce Ownership Threshold for Shareholders to Call Special Meeting |
| Advanced Micro Devices, Inc. | 8 May 2024 | Stockholder proposal regarding special meeting right. |
| ConocoPhillips | 14 May 2024 | Simple Majority Vote. |
| Wells Fargo & Company | 30 Apr 2024 | Shareholder Proposal - Report on Respecting Indigenous Peoples' Rights. |
| Wells Fargo & Company | 30 Apr 2024 | Shareholder Proposal - Annual Climate Lobbying Congruency Report. |
| Wells Fargo & Company | 30 Apr 2024 | Shareholder Proposal - Annual Report on Congruency of Political Spending and Corporate Values. |
| Wells Fargo & Company | 30 Apr 2024 | Shareholder Proposal - Annual Report on Prevention of Workplace Harassment and Discrimination. |
| Wells Fargo & Company | 30 Apr 2024 | Shareholder Proposal - Transparency in Lobbying Annual Report. |
| Wells Fargo & Company | 30 Apr 2024 | Shareholder Proposal - Third-Party Assessment of Respect for Freedom of Association and Collective Bargaining. |
| International Business Machines Corporation | 30 Apr 2024 | Stockholder Proposal Requesting a Right to Act by Written Consent |
| Mondelez International, Inc. | 22 May 2024 | Shareholder proposal requesting third-party report assessing effectiveness of implementation of human... |
| United Parcel Service, Inc. | 2 May 2024 | To prepare an annual report on the effectiveness of UPS's diversity, equity and inclusion efforts. |
| United Parcel Service, Inc. | 2 May 2024 | To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share. |
| Deere & Company | 28 Feb 2024 | Shareholder proposal regarding shareholder ratification of golden parachutes |
| The Goldman Sachs Group, Inc. | 24 Apr 2024 | Shareholder Proposal Regarding Pay Equity Reporting |
| The Goldman Sachs Group, Inc. | 24 Apr 2024 | Shareholder Proposal Regarding Disclosure of Clean Energy Supply Financing Ratio |
| The Goldman Sachs Group, Inc. | 24 Apr 2024 | Shareholder Proposal Regarding a Transparency In Lobbying Report |
| The Goldman Sachs Group, Inc. | 24 Apr 2024 | Shareholder Proposal Regarding a Policy for an Independent Chair |
| Morgan Stanley | 23 May 2024 | Shareholder proposal regarding transparency in lobbying |
| Morgan Stanley | 23 May 2024 | Shareholder proposal requesting a clean energy supply financing ratio |
| Prologis, Inc. | 9 May 2024 | Vote on a stockholder proposal titled "Simple Majority Vote." |
| Emerson Electric Co. | 6 Feb 2024 | Shareholder Proposal to Implement a Simple Majority Vote Requirement in the Company's Governing Documents. |
| Vertex Pharmaceuticals Incorporated | 15 May 2024 | Shareholder proposal, if properly presented at the meeting, regarding special shareholder meeting improvement. |
| Analog Devices, Inc. | 13 Mar 2024 | Shareholder proposal regarding simple majority voting |
| WARNER BROS. DISCOVERY, INC. | 3 Jun 2024 | To vote on a stockholder proposal entitled, "Adopt a Shareholder Right to Call a Special Shareholder Meeting" |
| DOW INC. | 11 Apr 2024 | Stockholder Proposal - Shareholder Right to Act by Written Consent |
| DOW INC. | 11 Apr 2024 | Stockholder Proposal - Single-Use Plastics Report |
Shares on loan
PIONEER VARIABLE CONTRACTS 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.
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.
| Series | Vote records | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|---|
| Pioneer Equity Income VCT Port. | 1,037 | 6.0% | 94.9% | 26.6% |
| Pioneer Mid Cap Value VCT Portfolio | 804 | 2.7% | 95.0% | 34.3% |
| Pioneer Select Mid Cap Growth VCT Portfolio | 723 | 8.6% | 84.7% | 52.9% |
| Pioneer Fund VCT Portfolio | 621 | 4.8% | 94.9% | 16.5% |
| Pioneer Strategic Income VCT Port. | 7 | 42.9% | not reported | 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 28 Aug 2024 accession 0001102598-24-000164
- Every N-PX filing by this filer on EDGAR
Questions
How did PIONEER VARIABLE CONTRACTS TRUST vote on executive pay?
In the year to 30 June 2024 PIONEER VARIABLE CONTRACTS TRUST reported 217 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 200 were for (92.2%), 17 against and 0 abstentions. Counting one item per company meeting, it voted against management on 16 of the 193 say-on-pay items it marked either way.
How often does PIONEER VARIABLE CONTRACTS TRUST vote against management?
5.6% of the time in the year to 30 June 2024: 176 of the 3,134 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 PIONEER VARIABLE CONTRACTS TRUST support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 85 votes on proposals from security holders in the year to 30 June 2024 and voted for 12 of them (14.1%). Across every category it voted for 25.8% 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 30 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by PIONEER VARIABLE CONTRACTS TRUST (filer no. 930709), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 30 Sep 2026; page built 1 Oct 2026.