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BRIDGEWAY FUNDS INC proxy voting record, 2024-2025

BRIDGEWAY FUNDS INC reported 12,663 proxy votes on Form N-PX for the 2025 season. On the 9,873 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 77.7% of the time. On the 71 environmental and social proposals put on the ballot by shareholders, it voted FOR 70.4% of the time.

2023-20242024-20252025-2026

On the board’s own proposals

77.7% FOR of 9,873 fund votes on board proposals in 2024-2025: directors, pay, auditor, capital.

FOR 7,668 AGAINST 1,036 Abstained or withheld 1,169

How we count these

On proposals shareholders put on the ballot

70.4% FOR of 71 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 71.

FOR 50 AGAINST 21 Abstained 0

See the 50 it backed →

How we count these

By proposal type

A single “voted with management” figure makes every manager look the same: director elections are most of the volume and nearly everyone votes FOR them. The record is therefore reported per category, using the category the filer itself put on each item in its N-PX.

BRIDGEWAY FUNDS INC, 2024-2025. “Decided” is FOR + AGAINST, the denominator of the two percentage columns; abstentions and withheld votes are shown separately and are never inside a percentage. Counted in ballot items — one fund’s vote on one proposal at one meeting — never in shares.
Proposal typePut on the ballot by ItemsDecided Voted FORVoted AGAINST Abstained / withheld
Director Elections Board (6 inferred) 6,650 5,302 93.9% 6.1% 1,169
Director Elections Shareholders 9 2 100.0% 0.0% 6
Audit-related Board 1,439 1,439 96.9% 3.1% 0
Say-on-Pay Board 1,416 1,206 60.4% 39.6% 0
Compensation Board 480 479 66.0% 34.0% 0
Compensation Shareholders 7 7 57.1% 42.9% 0
Corporate Governance Board 287 286 80.4% 19.6% 0
Corporate Governance Shareholders 39 39 69.2% 30.8% 0
Capital Structure Board 198 198 89.4% 10.6% 0
Capital Structure Shareholders 2 2 100.0% 0.0% 0
Extraordinary Transactions Board 86 86 91.9% 8.1% 0
Extraordinary Transactions Shareholders (1 inferred) 4 4 25.0% 75.0% 0
Shareholder Rights and Defenses Board 49 49 100.0% 0.0% 0
Shareholder Rights and Defenses Shareholders 5 5 100.0% 0.0% 0
Other Social Issues Board 2 2 100.0% 0.0% 0
Other Social Issues Shareholders 44 44 52.3% 47.7% 0
Environment or Climate Board 1 1 100.0% 0.0% 0
Environment or Climate Shareholders 35 35 48.6% 51.4% 0
Diversity, Equity, and Inclusion Board 1 1 100.0% 0.0% 0
Diversity, Equity, and Inclusion Shareholders 22 22 22.7% 77.3% 0
Human Rights or Human Capital/workforce Board 1 1 100.0% 0.0% 0
Human Rights or Human Capital/workforce Shareholders 16 16 93.8% 6.2% 0
Other Board 3 3 100.0% 0.0% 0
Other Shareholders 1 1 0.0% 100.0% 0

An item the filer put in two categories is counted in both rows, so the rows add up to more than the total. Who put an item on the ballot is decided item by item: the filer’s own answer on Form N-PX (Item 1(h)), or, where the filing does not give one, the proposal’s own wording (7 items, shown as inferred). The two figures above use only part of these rows: the board figure, board proposals on directors, pay, the auditor, capital, transactions and fund matters; the shareholder figure, environmental, social, workforce and diversity shareholder proposals at US-listed companies. How we count these

Every proposal where BRIDGEWAY FUNDS INC broke with the board (1,706 distinct proposals) →

What is being counted

The unit is a fund-level observation: one fund’s vote on one proposal at one meeting. It is not a share, not a filing line and not a proposal.
BRIDGEWAY FUNDS INC filed 12,663 vote records for 2024-2025; after removing votes filed twice in different N-PX filings, that is 10,727 ballot items (fund-level observations) across 1,153 issuer names and 6 funds. They cover 8,226 distinct proposals: one proposal voted by twenty of its funds is twenty ballot items here and one proposal. Proposals are counted per issuer name and meeting, and wordings of the same director nominee are counted once; two different wordings of any other proposal count twice, so this is an upper bound. A fund that reported several directions for the same item is a split vote, counted on its own (see the table below) and not collapsed into the larger direction. “Issuer names” is literal: filers spell the same company several ways and those are counted separately here, so this runs higher than the number of distinct companies.
Share counts are not used anywhere on this page.
Share figures in N-PX carry their own long list of corrections in this dataset, and a share-weighted rate would inherit every one of them. Every percentage here is a count of items.
Abstentions are reported, never hidden inside a percentage.
On the board’s own proposals an abstention or a withheld vote is not support, so it is in the denominator of the FOR figure and not in its numerator. On shareholder proposals an abstention is neither support nor opposition, so it is excluded from the denominator and shown on its own.
392 items are outside both headline figures.
Besides the table rows neither figure uses:
ExcludedItemsWhy
Not voted0 Reported as not voted, take no action or do not vote. No position was expressed, so there is nothing to count.
Other ballot type210 Frequency ballots (one / two / three years) and anything else that is not a FOR, AGAINST, abstention or withhold.
Direction indeterminate0 The fund reported several directions for one ballot item with no shares attached to any of them, so which way it voted cannot be established.
Split vote182 The fund voted its shares in more than one direction on the item (for example some FOR and some AGAINST), the smaller part at least 5% of its shares. It is not collapsed into the larger part.

About this page

Every figure is derived from Form N-PX, the filing 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). Figures are rebuilt weekly; this page was built on October 13, 2026. The interactive database shows the same votes company by company, including every individual fund.

BRIDGEWAY FUNDS INC proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.