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Form N-PX · fund seriesSEC series no. S000001244

Small Cap Core Fund

A series of NORTHERN FUNDS

Vote records
13,259year to 30 June 2026
Against management
7.6%929 of 12,245 marked votes
Say-on-pay support
91.4%for, of for + against + abstain
Shareholder-proposal support
48.0%for, of for + against + abstain

Small Cap Core Fund is a series of NORTHERN FUNDS. For the year to 30 June 2026 its registrant reported 13,259 vote records for the series; 7.6% of the votes marked for or against management went against management. It voted for 91.4% of say-on-pay items and for 48.0% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantNorthern Trust and FlexSharesMedian fund registrant
Against-management share7.6%9.0%10.3%6.2%
Say-on-pay support rate91.4%90.2%85.5%91.6%
Shareholder-proposal support rate48.0%47.0%45.8%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS8,2897,6931327.3%
SECTION 14A SAY-ON-PAY VOTES1,4261,16912410.0%
AUDIT-RELATED1,3481,34260.4%
SHAREHOLDER RIGHTS AND DEFENSES363428.3%
EXTRAORDINARY TRANSACTIONS15214394.6%
CAPITAL STRUCTURE1331092418.8%
COMPENSATION50840110721.1%
CORPORATE GOVERNANCE3763354110.9%
ENVIRONMENT OR CLIMATE53220.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE33033.3%
DIVERSITY, EQUITY, AND INCLUSION4220.0%
OTHER SOCIAL ISSUES2200.0%
OTHER131120.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 202411,6908.5%94.5%50.0%
year to 30 June 202513,0097.2%94.8%48.6%
year to 30 June 202613,2597.6%91.4%48.0%

Questions

How often did Small Cap Core Fund vote against management?

7.6% of the votes its registrant marked for or against management in the year to 30 June 2026 (929 of 12,245).

How did Small Cap Core Fund vote on executive pay?

It voted for 1,146 of 1,254 say-on-pay items cast for, against or abstain (91.4%).

Is this the result of the meetings?

No. Form N-PX shows how the fund voted the shares it held. It does not show how other shareholders voted or what the outcome was.

Where does the data come from?

From the Form N-PX filed by NORTHERN FUNDS, which lists the series that cast each vote. The SEC does not verify the contents. Data runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX filed by NORTHERN FUNDS (filer no. 916620); votes attributed to series S000001244 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.