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Grandeur Peak Global Trust proxy voting record, 2024-2025

Grandeur Peak Global Trust reported 16,356 proxy votes on Form N-PX for the 2025 season. On the 12,314 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 95.4% of the time.

2023-20242024-20252025-2026

On the board’s own proposals

95.4% FOR of 12,314 fund votes on board proposals in 2024-2025: directors, pay, auditor, capital.

FOR 11,752 AGAINST 302 Abstained or withheld 260

How we count these

On proposals shareholders put on the ballot

Grandeur Peak Global Trust cast a FOR or AGAINST on only 15 environmental or social shareholder proposals in 2024-2025 — 2 FOR and 13 AGAINST — while abstaining on 0. That is too few decided items to put a percentage on, so none is shown.

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.

Grandeur Peak Global Trust, 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 (46 inferred) 6,322 6,024 97.5% 2.5% 242
Director Elections Shareholders (4 inferred) 4 4 0.0% 100.0% 0
Corporate Governance Board 3,591 3,483 96.9% 3.1% 55
Corporate Governance Shareholders 100 100 70.0% 30.0% 0
Capital Structure Board (1 inferred) 2,520 2,495 98.4% 1.6% 0
Capital Structure Shareholders 12 12 100.0% 0.0% 0
Compensation Board (12 inferred) 2,166 2,141 94.7% 5.3% 13
Compensation Shareholders 8 8 100.0% 0.0% 0
Audit-related Board (3 inferred) 1,279 1,260 99.1% 0.9% 5
Audit-related Shareholders 15 15 86.7% 13.3% 0
Say-on-Pay Board 299 267 97.4% 2.6% 0
Extraordinary Transactions Board 93 93 96.8% 3.2% 0
Other Board 86 86 89.5% 10.5% 0
Other Shareholders 4 4 0.0% 100.0% 0
Shareholder Rights and Defenses Board 74 70 77.1% 22.9% 4
Shareholder Rights and Defenses Shareholders 3 3 100.0% 0.0% 0
Other Social Issues Board 56 56 100.0% 0.0% 0
Other Social Issues Shareholders 6 6 0.0% 100.0% 0
Diversity, Equity, and Inclusion Board 6 6 100.0% 0.0% 0
Diversity, Equity, and Inclusion Shareholders 9 9 0.0% 100.0% 0
Environment or Climate Board 7 7 100.0% 0.0% 0
Environment or Climate Shareholders 7 7 14.3% 85.7% 0
Human Rights or Human Capital/workforce Board 6 6 100.0% 0.0% 0
Human Rights or Human Capital/workforce Shareholders 2 2 50.0% 50.0% 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 (66 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 Grandeur Peak Global Trust broke with the board (195 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.
Grandeur Peak Global Trust filed 16,356 vote records for 2024-2025; after removing votes filed twice in different N-PX filings, that is 15,997 ballot items (fund-level observations) across 398 issuer names and 10 funds. They cover 4,562 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.
189 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 type176 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 vote13 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.

Grandeur Peak Global Trust proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.