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Exchange Listed Funds Trust proxy voting record, 2025-2026

Exchange Listed Funds Trust reported 16,774 proxy votes on Form N-PX for the 2026 season. On the 12,894 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 95.2% of the time. On the 396 environmental and social proposals put on the ballot by shareholders, it voted FOR 8.8% of the time.

2024-20252025-2026

On the board’s own proposals

95.2% FOR of 12,894 fund votes on board proposals in 2025-2026: directors, pay, auditor, capital.

FOR 12,278 AGAINST 400 Abstained or withheld 216

How we count these

On proposals shareholders put on the ballot

8.8% FOR of 396 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 395.

FOR 35 AGAINST 361 Abstained 0

See the 35 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.

Exchange Listed Funds Trust, 2025-2026. “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 (11 inferred) 9,742 9,494 98.1% 1.9% 216
Audit-related Board 1,188 1,188 99.8% 0.2% 0
Audit-related Shareholders (4 inferred) 8 8 75.0% 25.0% 0
Say-on-Pay Board 1,160 1,108 90.4% 9.6% 0
Say-on-Pay Shareholders (4 inferred) 4 4 100.0% 0.0% 0
Corporate Governance Board 705 705 93.3% 6.7% 0
Corporate Governance Shareholders (4 inferred) 390 390 62.6% 37.4% 0
Compensation Board (2 inferred) 525 525 79.4% 20.6% 0
Compensation Shareholders 25 23 52.2% 47.8% 0
Capital Structure Board 297 297 99.3% 0.7% 0
Capital Structure Shareholders 18 18 100.0% 0.0% 0
Other Social Issues Board 19 19 100.0% 0.0% 0
Other Social Issues Shareholders 267 261 8.8% 91.2% 0
Environment or Climate Board 14 14 100.0% 0.0% 0
Environment or Climate Shareholders 181 181 2.8% 97.2% 0
Diversity, Equity, and Inclusion Board 14 14 100.0% 0.0% 0
Diversity, Equity, and Inclusion Shareholders 93 93 0.0% 100.0% 0
Human Rights or Human Capital/workforce Board 14 14 100.0% 0.0% 0
Human Rights or Human Capital/workforce Shareholders 79 79 10.1% 89.9% 0
Extraordinary Transactions Board 80 80 90.0% 10.0% 0
Extraordinary Transactions Shareholders 1 1 0.0% 100.0% 0
Shareholder Rights and Defenses Board 22 22 95.5% 4.5% 0
Shareholder Rights and Defenses Shareholders 43 43 58.1% 41.9% 0
Other Board 9 9 100.0% 0.0% 0
Investment Company Matters Board 1 1 100.0% 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 (25 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 Exchange Listed Funds Trust broke with the board (372 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.
Exchange Listed Funds Trust filed 16,774 vote records for 2025-2026; after removing votes filed twice in different N-PX filings, that is 14,500 ballot items (fund-level observations) across 751 issuer names and 14 funds. They cover 7,927 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.
92 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 type54 Frequency ballots (one / two / three years) and anything else that is not a FOR, AGAINST, abstention or withhold.
Direction indeterminate6 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 vote32 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 18, 2026. The interactive database shows the same votes company by company, including every individual fund.

Exchange Listed Funds Trust proxy season coverage: 2024-2025 · 2025-2026 (this page).