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Form N-PX · fund seriesSEC series no. S000012926

Victory Cornerstone Moderately Aggressive Fund

A series of VICTORY PORTFOLIOS III

Vote records
3,437year to 30 June 2026
Against management
6.7%229 of 3,427 marked votes
Say-on-pay support
92.7%for, of for + against + abstain
Shareholder-proposal support
28.1%for, of for + against + abstain

Victory Cornerstone Moderately Aggressive Fund is a series of VICTORY PORTFOLIOS III. For the year to 30 June 2026 its registrant reported 3,437 vote records for the series; 6.7% of the votes marked for or against management went against management. It voted for 92.7% of say-on-pay items and for 28.1% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantVictory CapitalMedian fund registrant
Against-management share6.7%8.5%7.6%6.2%
Say-on-pay support rate92.7%88.8%89.2%91.6%
Shareholder-proposal support rate28.1%31.8%34.2%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS2,4472,304365.7%
SECTION 14A SAY-ON-PAY VOTES324282247.7%
AUDIT-RELATED30930900.0%
SHAREHOLDER RIGHTS AND DEFENSES129316.7%
EXTRAORDINARY TRANSACTIONS222200.0%
CAPITAL STRUCTURE242408.3%
COMPENSATION111822925.2%
CORPORATE GOVERNANCE107842328.0%
ENVIRONMENT OR CLIMATE340340.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE150150.0%
DIVERSITY, EQUITY, AND INCLUSION180180.0%
OTHER SOCIAL ISSUES484448.3%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20243,5989.5%92.6%67.1%
year to 30 June 20253,7006.0%92.4%25.8%
year to 30 June 20263,4376.7%92.7%28.1%

Questions

How often did Victory Cornerstone Moderately Aggressive Fund vote against management?

6.7% of the votes its registrant marked for or against management in the year to 30 June 2026 (229 of 3,427).

How did Victory Cornerstone Moderately Aggressive Fund vote on executive pay?

It voted for 279 of 301 say-on-pay items cast for, against or abstain (92.7%).

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 VICTORY PORTFOLIOS III, 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 VICTORY PORTFOLIOS III (filer no. 908695); votes attributed to series S000012926 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.