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Form N-PX · fund seriesSEC series no. S000070234

Fidelity Magellan ETF

A series of FIDELITY COVINGTON TRUST

Vote records
644year to 30 June 2026
Against management
5.9%38 of 644 marked votes
Say-on-pay support
95.7%for, of for + against + abstain
Shareholder-proposal support
12.5%for, of for + against + abstain

Fidelity Magellan ETF is a series of FIDELITY COVINGTON TRUST. For the year to 30 June 2026 its registrant reported 644 vote records for the series; 5.9% of the votes marked for or against management went against management. It voted for 95.7% of say-on-pay items and for 12.5% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantFidelityMedian fund registrant
Against-management share5.9%4.4%6.0%6.2%
Say-on-pay support rate95.7%95.2%94.7%91.6%
Shareholder-proposal support rate12.5%15.3%27.6%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS463435256.0%
SECTION 14A SAY-ON-PAY VOTES484424.2%
AUDIT-RELATED484800.0%
SHAREHOLDER RIGHTS AND DEFENSES3030.0%
CAPITAL STRUCTURE8710.0%
COMPENSATION131217.7%
CORPORATE GOVERNANCE34191511.8%
ENVIRONMENT OR CLIMATE1221016.7%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE6060.0%
DIVERSITY, EQUITY, AND INCLUSION6060.0%
OTHER SOCIAL ISSUES221214.5%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20248193.3%100.0%23.5%
year to 30 June 20256653.6%98.0%15.1%
year to 30 June 20266445.9%95.7%12.5%

Questions

How often did Fidelity Magellan ETF vote against management?

5.9% of the votes its registrant marked for or against management in the year to 30 June 2026 (38 of 644).

How did Fidelity Magellan ETF vote on executive pay?

It voted for 44 of 46 say-on-pay items cast for, against or abstain (95.7%).

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 FIDELITY COVINGTON 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 FIDELITY COVINGTON TRUST (filer no. 945908); votes attributed to series S000070234 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.