Home / Advisors' Inner Circle Fund III / The Democracy International Fund
The Democracy International Fund
A series of Advisors' Inner Circle Fund III
- Vote records
- 4,112year to 30 June 2025
- Against management
- 5.1%210 of 4,111 marked votes
- Say-on-pay support
- not reportedfor, of for + against + abstain
- Shareholder-proposal support
- not reportedfor, of for + against + abstain
The Democracy International Fund is a series of Advisors' Inner Circle Fund III. For the year to 30 June 2025 its registrant reported 4,112 vote records for the series; 5.1% of the votes marked for or against management went against management.
Compared with its registrant
| year to 30 June 2025 | This series | Its registrant | Median fund registrant |
|---|---|---|---|
| Against-management share | 5.1% | 19.2% | 6.1% |
| Say-on-pay support rate | not reported | 74.3% | 91.3% |
| Shareholder-proposal support rate | not reported | 48.4% | 23.5% |
Votes by category
foragainstabstain, withhold or otheramber tick: the portion cast against management
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 1,502 | 1,420 | 71 | 5.2% | |
| AUDIT-RELATED | 233 | 227 | 4 | 0.9% | |
| INVESTMENT COMPANY MATTERS | 139 | 127 | 1 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 1 | 1 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 513 | 478 | 29 | 5.1% | |
| COMPENSATION | 606 | 549 | 53 | 7.9% | |
| CORPORATE GOVERNANCE | 1,199 | 882 | 86 | 4.7% | |
| ENVIRONMENT OR CLIMATE | 26 | 12 | 14 | 0.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 12 | 0 | 12 | 0.0% | |
| OTHER SOCIAL ISSUES | 1 | 0 | 1 | 0.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|---|
| year to 30 June 2024 | 3,920 | 4.2% | not reported | 9.8% |
| year to 30 June 2025 | 4,112 | 5.1% | not reported | not reported |
Questions
How often did The Democracy International Fund vote against management?
5.1% of the votes its registrant marked for or against management in the year to 30 June 2025 (210 of 4,111).
How did The Democracy International 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 Advisors' Inner Circle Fund III, 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 Advisors' Inner Circle Fund III (filer no. 1593547); votes attributed to series S000071338 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.