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Form N-PX · fund seriesSEC series no. S000022607

Davidson Multi-Cap Equity Fund

A series of ADVISORS SERIES TRUST

Vote records
694year to 30 June 2026
Against management
3.9%27 of 694 marked votes
Say-on-pay support
85.7%for, of for + against + abstain
Shareholder-proposal support
14.5%for, of for + against + abstain

Davidson Multi-Cap Equity Fund is a series of ADVISORS SERIES TRUST. For the year to 30 June 2026 its registrant reported 694 vote records for the series; 3.9% of the votes marked for or against management went against management. It voted for 85.7% of say-on-pay items and for 14.5% of proposals from security holders.

Compared with its registrant

year to 30 June 2026This seriesIts registrantMedian fund registrant
Against-management share3.9%7.4%6.2%
Say-on-pay support rate85.7%89.6%91.6%
Shareholder-proposal support rate14.5%28.9%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS48948610.4%
SECTION 14A SAY-ON-PAY VOTES5143615.7%
AUDIT-RELATED505000.0%
SHAREHOLDER RIGHTS AND DEFENSES64233.3%
CAPITAL STRUCTURE161600.0%
COMPENSATION121200.0%
CORPORATE GOVERNANCE28161235.7%
ENVIRONMENT OR CLIMATE9090.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE130127.7%
DIVERSITY, EQUITY, AND INCLUSION30233.3%
OTHER SOCIAL ISSUES2511920.0%
OTHER52220.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20247143.7%78.7%11.3%
year to 30 June 20257124.2%83.3%18.4%
year to 30 June 20266943.9%85.7%14.5%

Questions

How often did Davidson Multi-Cap Equity Fund vote against management?

3.9% of the votes its registrant marked for or against management in the year to 30 June 2026 (27 of 694).

How did Davidson Multi-Cap Equity Fund vote on executive pay?

It voted for 42 of 49 say-on-pay items cast for, against or abstain (85.7%).

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 ADVISORS SERIES 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 ADVISORS SERIES TRUST (filer no. 1027596); votes attributed to series S000022607 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.