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Form N-PX · fund seriesSEC series no. S000004405

VANGUARD WELLESLEY INCOME FUND

A series of VANGUARD WELLESLEY INCOME FUND

Vote records
1,190year to 30 June 2026
Against management
1.7%20 of 1,190 marked votes
Say-on-pay support
95.7%for, of for + against + abstain
Shareholder-proposal support
9.1%for, of for + against + abstain

VANGUARD WELLESLEY INCOME FUND is a series of VANGUARD WELLESLEY INCOME FUND. For the year to 30 June 2026 its registrant reported 1,190 vote records for the series; 1.7% of the votes marked for or against management went against management. It voted for 95.7% of say-on-pay items and for 9.1% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantVanguardMedian fund registrant
Against-management share1.7%1.7%20.1%6.2%
Say-on-pay support rate95.7%95.7%94.1%91.6%
Shareholder-proposal support rate9.1%9.1%42.0%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS79578591.3%
SECTION 14A SAY-ON-PAY VOTES14413264.2%
AUDIT-RELATED797900.0%
SHAREHOLDER RIGHTS AND DEFENSES1811716.7%
EXTRAORDINARY TRANSACTIONS3300.0%
CAPITAL STRUCTURE444400.0%
COMPENSATION393720.0%
CORPORATE GOVERNANCE4734132.1%
ENVIRONMENT OR CLIMATE5050.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1010.0%
DIVERSITY, EQUITY, AND INCLUSION5050.0%
OTHER SOCIAL ISSUES10370.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20241,2134.4%94.8%16.1%
year to 30 June 20251,1763.5%96.8%12.7%
year to 30 June 20261,1901.7%95.7%9.1%

Questions

How often did VANGUARD WELLESLEY INCOME FUND vote against management?

1.7% of the votes its registrant marked for or against management in the year to 30 June 2026 (20 of 1,190).

How did VANGUARD WELLESLEY INCOME FUND vote on executive pay?

It voted for 132 of 138 say-on-pay items cast for, against or abstain (95.7%).

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 VANGUARD WELLESLEY INCOME FUND, 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 VANGUARD WELLESLEY INCOME FUND (filer no. 105544); votes attributed to series S000004405 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.