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Form N-PX · fund seriesSEC series no. S000001870

BlackRock Tactical Opportunities Fund

A series of BLACKROCK FUNDS

Vote records
11,918year to 30 June 2026
Against management
3.5%416 of 11,821 marked votes
Say-on-pay support
93.1%for, of for + against + abstain
Shareholder-proposal support
12.0%for, of for + against + abstain

BlackRock Tactical Opportunities Fund is a series of BLACKROCK FUNDS. For the year to 30 June 2026 its registrant reported 11,918 vote records for the series; 3.5% of the votes marked for or against management went against management. It voted for 93.1% of say-on-pay items and for 12.0% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantBlackRock and iSharesMedian fund registrant
Against-management share3.5%5.2%7.5%6.2%
Say-on-pay support rate93.1%93.7%88.3%91.6%
Shareholder-proposal support rate12.0%12.5%11.9%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS7,0336,7931503.0%
SECTION 14A SAY-ON-PAY VOTES874783577.0%
AUDIT-RELATED821808111.3%
INVESTMENT COMPANY MATTERS1100.0%
SHAREHOLDER RIGHTS AND DEFENSES1821127011.7%
EXTRAORDINARY TRANSACTIONS888444.5%
CAPITAL STRUCTURE990964222.3%
COMPENSATION775723484.9%
CORPORATE GOVERNANCE1,1779182304.9%
ENVIRONMENT OR CLIMATE8513717.1%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE4874114.6%
DIVERSITY, EQUITY, AND INCLUSION211204.8%
OTHER SOCIAL ISSUES11474394.4%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 202411,0663.7%93.8%7.9%
year to 30 June 202512,2783.2%94.0%5.3%
year to 30 June 202611,9183.5%93.1%12.0%

Questions

How often did BlackRock Tactical Opportunities Fund vote against management?

3.5% of the votes its registrant marked for or against management in the year to 30 June 2026 (416 of 11,821).

How did BlackRock Tactical Opportunities Fund vote on executive pay?

It voted for 772 of 829 say-on-pay items cast for, against or abstain (93.1%).

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 BLACKROCK 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 BLACKROCK FUNDS (filer no. 844779); votes attributed to series S000001870 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.