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CMS ENERGY CORP. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and CMS ENERGY CORP.’s Form 8-K, filed May 6, 2025 (Item 5.07 on EDGAR). Page generated October 18, 2026.

  • 17Reported items
  • 729Asset managers
  • 10,362Fund votes
  • May 2, 2025Meeting date

Results at a glance

Meeting of May 2, 2025: 23 items on CMS ENERGY CORP.’s Form 8-K, filed May 6, 2025: 20 elected · 2 approved · 1 without a stated outcome.

Material dissent

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore CMS ENERGY CORP. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by CMS ENERGY CORP.

These tallies are CMS ENERGY CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 6, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

CMS ENERGY CORP. — official shareholder meeting results, meeting held May 2, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Deborah H. Butler 254,456,2645,963,009354,031 --12,237,427 98%Elected—
Elect Director: Kurt L. Darrow 246,735,24713,805,916232,141 --12,237,427 95%Elected—
Elect Director: Ralph Izzo 259,647,958842,715282,631 --12,237,427 99.6%Elected—
Elect Director: Garrick J. Rochow 249,178,63611,360,492234,176 --12,237,427 96%Elected—
Elect Director: John G. Russell 245,068,32815,476,517228,459 --12,237,427 94%Elected—
Elect Director: Suzanne F. Shank 259,085,7911,456,511231,002 --12,237,427 99.4%Elected—
Elect Director: Myrna M. Soto 247,849,33912,689,146234,819 --12,237,427 95%Elected—
Elect Director: John G. Sznewajs 255,439,4645,090,860242,980 --12,237,427 98%Elected—
Elect Director: Ronald J. Tanski 257,108,5853,427,079237,640 --12,237,427 99%Elected—
Elect Director: Laura H. Wright 235,029,90125,521,110222,293 --12,237,427 90%Elected—
2. Non-binding advisory proposal to approve the compensation paid to CMS Energy's named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation 240,438,05517,709,1502,626,099 --12,237,427 93%Approved—
3. Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit CMS Energy's financial statements for the year ending December 31, 2025 261,075,98111,705,319229,431 --0 96%Approved—
4. Shareholder Proposal: Support Shareholder Ability to Call for a Special Shareholder Meeting received the majority of votes, with a vote 182,883,67077,497,039392,595 --12,237,427 70%Not verified—
Elect Director: Deborah H. Butler 84,183,455---- 9,326161,728 99.9%Elected—
Elect Director: Kurt L. Darrow 84,183,379---- 9,402161,728 99.9%Elected—
Elect Director: Ralph Izzo 84,185,104---- 7,677161,728 99.9%Elected—
Elect Director: Garrick J. Rochow 84,185,773---- 7,008161,728 99.9%Elected—
Elect Director: John G. Russell 84,186,564---- 6,217161,728 99.9%Elected—
Elect Director: Suzanne F. Shank 84,182,986---- 9,795161,728 99.9%Elected—
Elect Director: Myrna M. Soto 84,183,696---- 9,085161,728 99.9%Elected—
Elect Director: John G. Sznewajs 84,185,539---- 7,242161,728 99.9%Elected—
Elect Director: Ronald J. Tanski 84,185,729---- 7,052161,728 99.9%Elected—
Elect Director: Laura H. Wright 84,183,161---- 9,620161,728 99.9%Elected—

Source: CMS ENERGY CORP., Form 8-K, filed with the SEC on May 6, 2025 — read the filing on EDGAR.

How asset managers voted at the CMS ENERGY CORP. 2024-2025 meeting

Each item below shows how the 729 asset managers that disclosed a CMS ENERGY CORP. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of CMS ENERGY CORP.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. ELECTION OF DIRECTORS: Deborah H. Butler

No official matchDIRECTOR ELECTIONS

Combines 5 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 157 asset managers

The 157 asset managers below reported 129,772,176 for, 30 against, 81,345 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 129,772,176AGAINST: 30ABSTAIN: 81,345
Largest asset managers voting on “ELECTION OF DIRECTORS: Deborah H. Butler” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,115,5901 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,4650 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance730,7000 00For
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

2. ELECTION OF DIRECTORS: Kurt L. Darrow

No official matchDIRECTOR ELECTIONS

Combines 5 wordings of this item as funds reported it.

99.7% of fund votes cast · no official result

FOR
Details: votes by 157 asset managers

The 157 asset managers below reported 129,415,069 for, 357,137 against, 81,345 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 129,415,069AGAINST: 357,137ABSTAIN: 81,345
Largest asset managers voting on “ELECTION OF DIRECTORS: Kurt L. Darrow” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,115,5892 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,41253 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance455,988274,712 00Mixed
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

3. ELECTION OF DIRECTORS: Ralph Izzo

No official matchDIRECTOR ELECTIONS

Combines 5 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 157 asset managers

The 157 asset managers below reported 129,613,923 for, 116,826 against, 122,801 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 129,613,923AGAINST: 116,826ABSTAIN: 122,801
Largest asset managers voting on “ELECTION OF DIRECTORS: Ralph Izzo” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,115,5910 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,4650 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance730,7000 00For
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

4. ELECTION OF DIRECTORS: Garrick J. Rochow

No official matchDIRECTOR ELECTIONS

Combines 5 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 157 asset managers

The 157 asset managers below reported 129,613,888 for, 158,318 against, 81,345 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 129,613,888AGAINST: 158,318ABSTAIN: 81,345
Largest asset managers voting on “ELECTION OF DIRECTORS: Garrick J. Rochow” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,115,5892 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,43827 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance730,7000 00For
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

5. ELECTION OF DIRECTORS: John G. Russell

No official matchDIRECTOR ELECTIONS

Combines 5 wordings of this item as funds reported it.

99.7% of fund votes cast · no official result

FOR
Details: votes by 157 asset managers

The 157 asset managers below reported 129,474,720 for, 297,486 against, 81,345 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 129,474,720AGAINST: 297,486ABSTAIN: 81,345
Largest asset managers voting on “ELECTION OF DIRECTORS: John G. Russell” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,109,7855,806 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,43827 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance730,7000 00For
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

6. ELECTION OF DIRECTORS: Suzanne F. Shank

No official matchDIRECTOR ELECTIONS

Combines 5 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 157 asset managers

The 157 asset managers below reported 129,655,355 for, 116,850 against, 81,345 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 129,655,355AGAINST: 116,850ABSTAIN: 81,345
Largest asset managers voting on “ELECTION OF DIRECTORS: Suzanne F. Shank” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,115,5910 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,4650 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance730,7000 00For
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

7. ELECTION OF DIRECTORS: Myrna M. Soto

No official matchDIRECTOR ELECTIONS

Combines 5 wordings of this item as funds reported it.

99.6% of fund votes cast · no official result

FOR
Details: votes by 157 asset managers

The 157 asset managers below reported 129,327,436 for, 444,770 against, 81,345 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 129,327,436AGAINST: 444,770ABSTAIN: 81,345
Largest asset managers voting on “ELECTION OF DIRECTORS: Myrna M. Soto” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,115,5892 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,4650 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance730,7000 00For
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

8. ELECTION OF DIRECTORS: John G. Sznewajs

No official matchDIRECTOR ELECTIONS

Combines 5 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 157 asset managers

The 157 asset managers below reported 129,743,484 for, 28,722 against, 81,345 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 129,743,484AGAINST: 28,722ABSTAIN: 81,345
Largest asset managers voting on “ELECTION OF DIRECTORS: John G. Sznewajs” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,115,5901 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,4650 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance730,7000 00For
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

9. ELECTION OF DIRECTORS: Ronald J. Tanski

No official matchDIRECTOR ELECTIONS

Combines 5 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 157 asset managers

The 157 asset managers below reported 129,730,746 for, 41,460 against, 81,345 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 129,730,746AGAINST: 41,460ABSTAIN: 81,345
Largest asset managers voting on “ELECTION OF DIRECTORS: Ronald J. Tanski” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,115,5901 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,4650 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance730,7000 00For
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

10. ELECTION OF DIRECTORS: Laura H. Wright

No official matchDIRECTOR ELECTIONS

Combines 5 wordings of this item as funds reported it.

98% of fund votes cast · no official result

FOR
Details: votes by 157 asset managers

The 157 asset managers below reported 127,766,061 for, 2,006,145 against, 81,345 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 127,766,061AGAINST: 2,006,145ABSTAIN: 81,345
Largest asset managers voting on “ELECTION OF DIRECTORS: Laura H. Wright” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,115,5874 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,41253 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance455,988274,712 00Mixed
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

11. Provide Right to Call a Special Meeting at a 10 Percent Ownership Threshold

68% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 8 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “Provide Right to Call a Special Meeting at a 10 Percent Ownership Threshold” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Empower97,5620 00For
Tidal Trust III89,4920 00For
GreenFi Funds Trust40,9710 00For
GuideStone26,2750 00For
AGF Investments Trust17,2150 00For
CLEARWATER INVESTMENT TRUST10,2000 00For
HC CAPITAL TRUST1,9370 00For

Fund voting reports, all 7 managers: 283,652 for.

Institutional-manager reports: 1 asset manager voting on “Provide Right to Call a Special Meeting at a 10 Percent Ownership Threshold” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP0136,034 00Against

Institutional-manager reports, all 1 managers: 136,034 against.

12. Election of Directors (Majority Voting)

No official matchDIRECTOR ELECTIONS

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% of fund votes cast · no official result

FOR
Details: votes by 2 asset managers

The 2 asset managers below reported this as one line covering every nominee; it is not attributed to any one director, and no share total is shown for it.

Largest asset managers voting on “Election of Directors (Majority Voting)” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VOISARD ASSET MANAGEMENT GROUP, INC.8090 00For
ESL Trust Services, LLC220 00For

13. Director Elections

No official matchDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 2 asset managers

The 2 asset managers below reported 105 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105
Largest asset managers voting on “Director Elections” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Members Trust Co610 00For
Ballew Advisors, Inc440 00For

14. 2. Non-binding advisory proposal to approve the compensation paid to CMS Energy's named executive officers, as…

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 14 wordings of this item as funds reported it.

93% Approved · of votes cast

FOR 93%
FOR: 240,438,055AGAINST: 17,709,150
Details: description as filed, official tally, votes by 724 asset managers

Description as filed by funds: Approve, on an advisory basis, the Company's executive compensation.

CMS ENERGY CORP.’s own tally for this item (“2. Non-binding advisory proposal to approve the compensation paid to CMS Energy's named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange”): 240,438,055 for, 17,709,150 against — passed, per its Form 8-K filed May 6, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Non-binding advisory proposal to approve the compensation paid to CMS Energy's named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis , the compensation…”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 154 asset managers voting on “Approve, on an advisory basis, the Company's executive compensation.” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,115,5883 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,4650 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance730,7000 00For
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Fund voting reports, all 154 managers: 128,874,537 for, 684,147 against, 2 withheld, 81,345 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 605 asset managers voting on “Approve, on an advisory basis, the Company's executive compensation.” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan17,909,8500 00For
T. Rowe Price16,467,7280 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/11,485,1200 00For
State Street11,392,8640 00For
BlackRock10,322,6401,378 00For
GEODE CAPITAL MANAGEMENT, LLC7,791,0160 00For
Invesco6,025,9580 00For
Union Investment Management GmbH03,589,396 00Against
Fidelity3,362,8690 00For
Northern Trust2,579,2190 00For
Legal & General Investment Management Ltd35,6602,374,836 00Against
PICTET ASSET MANAGEMENT SA2,284,1780 00For
J O HAMBRO CAPITAL MANAGEMENT LTD00 2,247,6880Abstain
Vanguard2,010,9420 00For
LORD, ABBETT & CO. LLC1,938,7190 00For
UBS1,877,33026,694 00For
Charles Schwab1,899,7940 00For
JENNISON ASSOCIATES LLC1,888,7750 00For
FRANKLIN ADVISERS INC1,665,0910 00For
TRUIST FINANCIAL CORP1,634,0960 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC1,623,2640 00For
Nuveen1,519,9940 00For
Eaton Vance1,519,2150 00For
MELLON INVESTMENTS Corp1,499,1690 00For
iA Global Asset Management Inc.1,380,5200 00For

Institutional-manager reports, all 605 managers: 145,844,514 for, 10,496,891 against, 2,281,908 abstained, 4,907 not voted, 494 unknown. Showing the 25 largest; see all in the interactive database.

15. 3. Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 7 wordings of this item as funds reported it.

96% Approved · of votes cast

FOR 96%
FOR: 261,075,981AGAINST: 11,705,319
Details: description as filed, official tally, votes by 161 asset managers

Description as filed by funds: Ratify the appointment of independent registered public accounting firm (PricewaterhouseCoopers LLP).

CMS ENERGY CORP.’s own tally for this item (“3. Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit CMS Energy's financial statements for the year ending December 31, 2025”): 261,075,981 for, 11,705,319 against — passed, per its Form 8-K filed May 6, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit CMS Energy's financial statements for the year ending December 31, 2025 was approved, with a vote as follows: Number of Votes:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 161 asset managers below reported 129,704,159 for, 69,249 against, 81,345 abstained.

FOR
FOR: 129,704,159AGAINST: 69,249ABSTAIN: 81,345
Largest asset managers voting on “Ratify the appointment of independent registered public accounting firm (PricewaterhouseCoopers LLP).” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,115,5892 00For
BlackRock14,646,0200 00For
JPMorgan12,301,5720 00For
T. Rowe Price9,368,9570 00For
Fidelity8,226,5990 00For
State Street6,626,41253 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,504,3160 00For
Lord Abbett1,865,9550 00For
Charles Schwab1,857,6400 00For
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA1,093,2940 00For
Dimensional822,9430 00For
Jackson National786,5600 00For
Goldman Sachs780,2930 00For
New York Life751,3620 00For
Eaton Vance730,7000 00For
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO437,2100 00For

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

16. 4. Shareholder Proposal: Support Shareholder Ability to Call for a Special Shareholder Meeting received the majority of…

Outcome not verifiedFund totals may overlapSHAREHOLDER RIGHTS AND DEFENSESReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

70% Majority: yes · of votes cast

FOR 70%AGAINST
FOR: 182,883,670AGAINST: 77,497,039
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Vote on a Shareholder Proposal: Support Shareholder Ability to Call for a Special Shareholder Meeting.

CMS ENERGY CORP.’s own tally for this item (“4. Shareholder Proposal: Support Shareholder Ability to Call for a Special Shareholder Meeting received the majority of votes, with a vote”): 182,883,670 for, 77,497,039 against, per its Form 8-K filed May 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 70% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 147 asset managers voting on “Vote on a Shareholder Proposal: Support Shareholder Ability to Call for a Special Shareholder Meeting.” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard37,100,13215,459 00For
BlackRock18,44114,627,579 00Against
JPMorgan012,301,572 00Against
T. Rowe Price205,6519,163,306 00Against
Fidelity6,925,9101,300,689 00Mixed
State Street6,626,130335 00For
Invesco4,529,2560 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND3,670,3010 00For
Columbia Threadneedle2,935,1800 00For
MFS2,928,3340 00For
Prudential/PGIM2,428,98375,333 00For
Lord Abbett1,865,9550 00For
Charles Schwab01,857,640 00Against
Victory Capital1,694,5940 00For
Franklin Custodian Funds1,600,0000 00For
First Trust1,382,5630 00For
DNP SELECT INCOME FUND INC1,262,5470 00For
TIAA01,093,294 00Against
Dimensional0822,943 00Against
Jackson National556,701229,859 00Mixed
Goldman Sachs780,2930 00For
New York Life379,716371,646 00Mixed
Eaton Vance730,7000 00For
Capital Group533,6780 00For
MASTER INVESTMENT PORTFOLIO0437,210 00Against

Fund voting reports, all 147 managers: 84,191,598 for, 44,903,493 against, 81,345 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 5 asset managers voting on “Vote on a Shareholder Proposal: Support Shareholder Ability to Call for a Special Shareholder Meeting.” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Union Investment Management GmbH3,589,3960 00For
Cardano Risk Management B.V.257,1850 00For
Union Investment Institutional GmbH9,8480 00For
MARCO INVESTMENT MANAGEMENT LLC2440 00For
Ballew Advisors, Inc044 00Against

Institutional-manager reports, all 5 managers: 3,856,673 for, 44 against.

17. S/H Proposal - Corporate Governance

No official matchSHAREHOLDER RIGHTS AND DEFENSES

Combines 2 wordings of this item as funds reported it.

91% of fund votes cast · no official result

FOR
Details: votes by 3 asset managers

The 3 asset managers below reported 809 for, 83 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 809AGAINST: 83
Largest asset managers voting on “S/H Proposal - Corporate Governance” at CMS ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VOISARD ASSET MANAGEMENT GROUP, INC.8090 00For
Members Trust Co061 00Against
ESL Trust Services, LLC022 00Against

Not shown here: this season’s fund filings also report 1 item from the meeting of May 3, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest CMS ENERGY CORP. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 299,100,000 shares outstanding at the time of that meeting.

Fund voting reports: top CMS ENERGY CORP. shareholders by shares voted on “Approve, on an advisory basis, the Company's executive compensation.”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 12.41%
2BlackRock 4.90%
3JPMorgan 4.11%
4T. Rowe Price 3.13%
5Fidelity 2.75%
6State Street 2.22%
7Invesco 1.51%
8MASSACHUSETTS INVESTORS GROWTH STOCK FUND 1.23%
9Columbia Threadneedle 0.98%
10MFS 0.98%
Institutional-manager reports: top CMS ENERGY CORP. shareholders by shares voted on “Approve, on an advisory basis, the Company's executive compensation.”, 2024-2025
#Asset manager % of shares outstanding
1JPMorgan 5.99%
2T. Rowe Price 5.51%
3MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 3.84%
4State Street 3.81%
5BlackRock 3.45%
6GEODE CAPITAL MANAGEMENT, LLC 2.60%
7Invesco 2.01%
8Union Investment Management GmbH 1.20%
9Fidelity 1.12%
10Northern Trust 0.86%

Reported CMS ENERGY CORP. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

CMS ENERGY CORP. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 12.82% 13F
BlackRock 10.30% 13F
JPMorgan Chase 7.81% 13F
State Street 5.58% 13F
T. Rowe Price 5.53% 13F
JPMORGAN CHASE & CO. 5.17% 13G
Geode Capital 2.64% 13F
Invesco 2.35% 13F
Morgan Stanley 1.90% 13F
Goldman Sachs 1.50% 13F

Percentages above are of 299,100,000 shares outstanding, as reported by CMS ENERGY CORP. on its Form 10-Q dated March 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from CMS ENERGY CORP.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At CMS ENERGY CORP.'s shareholder meeting held May 2, 2025, in the 2024-2025 proxy season, 729 asset managers reported how they voted in their SEC Form N-PX filings, covering 10,362 separate fund positions. Their filings are grouped here into 17 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Approve, on an advisory basis, the Company's executive compensation. — CMS ENERGY CORP.'s filing reports the proposal as approved, with 93% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: CMS ENERGY CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 6, 2025.

CMS ENERGY CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.