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Form N-PX · fund seriesSEC series no. S000003711

VT BIOTECHNOLOGY FUND

A series of RYDEX VARIABLE TRUST

Vote records
627year to 30 June 2026
Against management
18.2%114 of 627 marked votes
Say-on-pay support
78.5%for, of for + against + abstain
Shareholder-proposal support
42.9%for, of for + against + abstain

VT BIOTECHNOLOGY FUND is a series of RYDEX VARIABLE TRUST. For the year to 30 June 2026 its registrant reported 627 vote records for the series; 18.2% of the votes marked for or against management went against management. It voted for 78.5% of say-on-pay items and for 42.9% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantGuggenheim and RydexMedian fund registrant
Against-management share18.2%10.1%10.8%6.2%
Say-on-pay support rate78.5%87.8%87.3%91.6%
Shareholder-proposal support rate42.9%35.3%35.9%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS3682931320.4%
SECTION 14A SAY-ON-PAY VOTES73531419.2%
AUDIT-RELATED727200.0%
EXTRAORDINARY TRANSACTIONS5500.0%
CAPITAL STRUCTURE252328.0%
COMPENSATION46301634.8%
CORPORATE GOVERNANCE4235719.0%
ENVIRONMENT OR CLIMATE2110.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1100.0%
DIVERSITY, EQUITY, AND INCLUSION2110.0%
OTHER SOCIAL ISSUES4220.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 202457313.8%91.5%77.8%
year to 30 June 202568014.7%78.6%33.3%
year to 30 June 202662718.2%78.5%42.9%

Questions

How often did VT BIOTECHNOLOGY FUND vote against management?

18.2% of the votes its registrant marked for or against management in the year to 30 June 2026 (114 of 627).

How did VT BIOTECHNOLOGY FUND vote on executive pay?

It voted for 51 of 65 say-on-pay items cast for, against or abstain (78.5%).

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 RYDEX VARIABLE TRUST, 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 RYDEX VARIABLE TRUST (filer no. 1064046); votes attributed to series S000003711 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.