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Form N-PX · fund seriesSEC series no. S000065864

Horizon Multi-Factor U.S. Equity Fund

A series of Horizon Funds

Vote records
2,256year to 30 June 2026
Against management
6.7%151 of 2,254 marked votes
Say-on-pay support
91.4%for, of for + against + abstain
Shareholder-proposal support
34.6%for, of for + against + abstain

Horizon Multi-Factor U.S. Equity Fund is a series of Horizon Funds. For the year to 30 June 2026 its registrant reported 2,256 vote records for the series; 6.7% of the votes marked for or against management went against management. It voted for 91.4% of say-on-pay items and for 34.6% of proposals from security holders.

Compared with its registrant

year to 30 June 2026This seriesIts registrantMedian fund registrant
Against-management share6.7%6.8%6.2%
Say-on-pay support rate91.4%90.2%91.6%
Shareholder-proposal support rate34.6%32.5%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS1,5341,476243.8%
SECTION 14A SAY-ON-PAY VOTES314276268.9%
AUDIT-RELATED15615600.0%
SHAREHOLDER RIGHTS AND DEFENSES87150.0%
EXTRAORDINARY TRANSACTIONS43125.0%
CAPITAL STRUCTURE2121014.3%
COMPENSATION49381120.4%
CORPORATE GOVERNANCE105733240.8%
ENVIRONMENT OR CLIMATE333303.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE214179.5%
DIVERSITY, EQUITY, AND INCLUSION222200.0%
OTHER SOCIAL ISSUES5584710.9%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20242,3697.1%94.7%46.5%
year to 30 June 20252,2194.8%93.2%27.7%
year to 30 June 20262,2566.7%91.4%34.6%

Questions

How often did Horizon Multi-Factor U.S. Equity Fund vote against management?

6.7% of the votes its registrant marked for or against management in the year to 30 June 2026 (151 of 2,254).

How did Horizon Multi-Factor U.S. Equity Fund vote on executive pay?

It voted for 276 of 302 say-on-pay items cast for, against or abstain (91.4%).

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 Horizon Funds, 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 Horizon Funds (filer no. 1643174); votes attributed to series S000065864 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.