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Equitable proxy voting record, 2024-2025

Equitable reported 463,978 proxy votes on Form N-PX for the 2025 season. On the 357,730 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 92.5% of the time. On the 5,133 environmental and social proposals put on the ballot by shareholders, it voted FOR 12.1% of the time.

2023-20242024-20252025-2026

On the board’s own proposals

92.5% FOR of 357,730 fund votes on board proposals in 2024-2025: directors, pay, auditor, capital.

FOR 330,951 AGAINST 16,840 Abstained or withheld 9,939

How we count these

On proposals shareholders put on the ballot

12.1% FOR of 5,133 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 5,106.

FOR 620 AGAINST 4,513 Abstained 40

See the 620 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.

Equitable, 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 (843 inferred) 244,626 230,085 95.7% 4.3% 9,404
Director Elections Shareholders (44 inferred) 209 100 55.0% 45.0% 101
Corporate Governance Board 38,133 37,327 94.7% 5.3% 474
Corporate Governance Shareholders (18 inferred) 4,128 4,002 32.7% 67.3% 11
Audit-related Board 36,356 36,100 99.5% 0.5% 222
Audit-related Shareholders (20 inferred) 176 176 83.0% 17.0% 0
Compensation Board (204 inferred) 29,786 29,462 88.3% 11.7% 46
Compensation Shareholders (43 inferred) 1,063 1,028 21.8% 78.2% 0
Say-on-Pay Board (1 inferred) 29,028 26,457 90.9% 9.1% 11
Say-on-Pay Shareholders (20 inferred) 20 20 95.0% 5.0% 0
Capital Structure Board (2 inferred) 24,543 24,418 95.0% 5.0% 36
Capital Structure Shareholders 387 379 62.0% 38.0% 0
Other Social Issues Board 1,220 1,220 99.3% 0.7% 0
Other Social Issues Shareholders 3,010 2,927 10.6% 89.4% 23
Environment or Climate Board 667 662 99.4% 0.6% 2
Environment or Climate Shareholders 3,338 3,295 7.8% 92.2% 7
Extraordinary Transactions Board 2,806 2,458 92.8% 7.2% 245
Extraordinary Transactions Shareholders (8 inferred) 30 30 30.0% 70.0% 0
Diversity, Equity, and Inclusion Board 521 521 100.0% 0.0% 0
Diversity, Equity, and Inclusion Shareholders 1,808 1,790 5.3% 94.7% 6
Shareholder Rights and Defenses Board 1,067 1,045 89.5% 10.5% 16
Shareholder Rights and Defenses Shareholders (5 inferred) 326 317 86.4% 13.6% 2
Human Rights or Human Capital/workforce Board 518 518 100.0% 0.0% 0
Human Rights or Human Capital/workforce Shareholders 762 728 9.9% 90.1% 13
Other Board 797 784 67.2% 32.8% 12
Other Shareholders 269 268 23.9% 76.1% 0
Investment Company Matters Board 8 8 100.0% 0.0% 0
Investment Company Matters Shareholders 2 2 100.0% 0.0% 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 (1,208 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 Equitable broke with the board (6,135 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.
Equitable filed 463,978 vote records for 2024-2025; after removing votes filed twice in different N-PX filings, that is 413,475 ballot items (fund-level observations) across 6,944 issuer names and 81 funds. They cover 74,802 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.
8,792 items are outside both headline figures.
Besides the table rows neither figure uses:
ExcludedItemsWhy
Not voted34 Reported as not voted, take no action or do not vote. No position was expressed, so there is nothing to count.
Other ballot type2,286 Frequency ballots (one / two / three years) and anything else that is not a FOR, AGAINST, abstention or withhold.
Direction indeterminate1 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 vote6,471 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.

Equitable proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.