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Form N-PX · fund seriesSEC series no. S000046400

Victory Trivalent International Small-Cap Fund

A series of VICTORY PORTFOLIOS

Vote records
3,283year to 30 June 2026
Against management
4.6%149 of 3,215 marked votes
Say-on-pay support
not reportedfor, of for + against + abstain
Shareholder-proposal support
27.3%for, of for + against + abstain

Victory Trivalent International Small-Cap Fund is a series of VICTORY PORTFOLIOS. For the year to 30 June 2026 its registrant reported 3,283 vote records for the series; 4.6% of the votes marked for or against management went against management. It voted for 50.0% of say-on-pay items and for 27.3% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantVictory CapitalMedian fund registrant
Against-management share4.6%5.7%7.6%6.2%
Say-on-pay support ratenot reported92.2%89.2%91.6%
Shareholder-proposal support rate27.3%36.3%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 ELECTIONS1,5021,448473.4%
SECTION 14A SAY-ON-PAY VOTES42250.0%
AUDIT-RELATED17516962.3%
SHAREHOLDER RIGHTS AND DEFENSES6600.0%
EXTRAORDINARY TRANSACTIONS1917211.1%
CAPITAL STRUCTURE499482172.8%
COMPENSATION4704145612.2%
CORPORATE GOVERNANCE656610463.3%
ENVIRONMENT OR CLIMATE251870.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE171700.0%
DIVERSITY, EQUITY, AND INCLUSION171700.0%
OTHER SOCIAL ISSUES423660.0%
OTHER2200.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20243,3966.6%not reported40.4%
year to 30 June 20253,3845.6%not reported51.2%
year to 30 June 20263,2834.6%not reported27.3%

Questions

How often did Victory Trivalent International Small-Cap Fund vote against management?

4.6% of the votes its registrant marked for or against management in the year to 30 June 2026 (149 of 3,215).

How did Victory Trivalent International Small-Cap Fund vote on executive pay?

It voted for 2 of 4 say-on-pay items cast for, against or abstain (50.0%).

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 VICTORY PORTFOLIOS, 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 (filer no. 802716); votes attributed to series S000046400 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.