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Form N-PX · fund seriesSEC series no. S000067906

SHELTON EMERGING MARKETS FUND

A series of SCM Trust

Vote records
605year to 30 June 2026
Against management
12.5%68 of 542 marked votes
Say-on-pay support
not reportedfor, of for + against + abstain
Shareholder-proposal support
25.0%for, of for + against + abstain

SHELTON EMERGING MARKETS FUND is a series of SCM Trust. For the year to 30 June 2026 its registrant reported 605 vote records for the series; 12.5% of the votes marked for or against management went against management. It voted for 25.0% of proposals from security holders.

Compared with its registrant

year to 30 June 2026This seriesIts registrantMedian fund registrant
Against-management share12.5%6.1%6.2%
Say-on-pay support ratenot reported93.5%91.6%
Shareholder-proposal support rate25.0%41.1%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS156134148.2%
AUDIT-RELATED3021932.1%
SHAREHOLDER RIGHTS AND DEFENSES2100.0%
EXTRAORDINARY TRANSACTIONS54120.0%
CAPITAL STRUCTURE119972218.5%
COMPENSATION69551317.6%
CORPORATE GOVERNANCE225202207.0%
OTHER SOCIAL ISSUES1100.0%
OTHER7520.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 202482213.2%not reported100.0%
year to 30 June 202569611.6%not reported66.7%
year to 30 June 202660512.5%not reported25.0%

Questions

How often did SHELTON EMERGING MARKETS FUND vote against management?

12.5% of the votes its registrant marked for or against management in the year to 30 June 2026 (68 of 542).

How did SHELTON EMERGING MARKETS FUND vote on executive pay?

No say-on-pay votes were reported for this series in the season.

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 SCM 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 SCM Trust (filer no. 836267); votes attributed to series S000067906 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.