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Form N-PX · fund seriesSEC series no. S000045902

Multifactor U.S. Equity Fund

A series of RUSSELL INVESTMENT CO

Vote records
9,328year to 30 June 2026
Against management
8.8%817 of 9,304 marked votes
Say-on-pay support
88.0%for, of for + against + abstain
Shareholder-proposal support
54.8%for, of for + against + abstain

Multifactor U.S. Equity Fund is a series of RUSSELL INVESTMENT CO. For the year to 30 June 2026 its registrant reported 9,328 vote records for the series; 8.8% of the votes marked for or against management went against management. It voted for 88.0% of say-on-pay items and for 54.8% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantRussell InvestmentsMedian fund registrant
Against-management share8.8%8.1%8.5%6.2%
Say-on-pay support rate88.0%87.5%86.3%91.6%
Shareholder-proposal support rate54.8%42.6%40.9%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS6,7336,2923096.4%
SECTION 14A SAY-ON-PAY VOTES7866569212.0%
AUDIT-RELATED76776510.1%
SHAREHOLDER RIGHTS AND DEFENSES1891463254.6%
EXTRAORDINARY TRANSACTIONS353410.0%
CAPITAL STRUCTURE124116810.6%
COMPENSATION268237308.3%
CORPORATE GOVERNANCE2702115945.5%
ENVIRONMENT OR CLIMATE5294317.3%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE2962320.7%
DIVERSITY, EQUITY, AND INCLUSION1941516.7%
OTHER SOCIAL ISSUES56164026.8%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20249,5257.4%84.2%39.2%
year to 30 June 20259,1688.1%87.2%44.1%
year to 30 June 20269,3288.8%88.0%54.8%

Questions

How often did Multifactor U.S. Equity Fund vote against management?

8.8% of the votes its registrant marked for or against management in the year to 30 June 2026 (817 of 9,304).

How did Multifactor U.S. Equity Fund vote on executive pay?

It voted for 645 of 733 say-on-pay items cast for, against or abstain (88.0%).

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 RUSSELL INVESTMENT CO, 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 RUSSELL INVESTMENT CO (filer no. 351601); votes attributed to series S000045902 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.