proxyvotesnow.com

Home › Asset managers › Horizon Funds › 2025-2026

Horizon Funds proxy voting record, 2025-2026

Horizon Funds reported 44,174 proxy votes on Form N-PX for the 2026 season. On the 32,484 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 94.9% of the time. On the 985 environmental and social proposals put on the ballot by shareholders, it voted FOR 8.8% of the time.

2023-20242024-20252025-2026

On the board’s own proposals

94.9% FOR of 32,484 fund votes on board proposals in 2025-2026: directors, pay, auditor, capital.

FOR 30,837 AGAINST 1,121 Abstained or withheld 526

How we count these

On proposals shareholders put on the ballot

8.8% FOR of 985 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 982.

FOR 87 AGAINST 898 Abstained 0

See the 87 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.

Horizon Funds, 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 (31 inferred) 23,400 22,807 98.0% 2.0% 526
Corporate Governance Board 2,832 2,824 94.4% 5.6% 6
Corporate Governance Shareholders (12 inferred) 979 973 54.9% 45.1% 4
Audit-related Board 3,026 3,022 99.1% 0.9% 0
Audit-related Shareholders (11 inferred) 23 19 100.0% 0.0% 4
Say-on-Pay Board 2,621 2,495 90.5% 9.5% 0
Say-on-Pay Shareholders (11 inferred) 11 11 100.0% 0.0% 0
Compensation Board (4 inferred) 2,016 2,010 88.1% 11.9% 2
Compensation Shareholders 57 51 39.2% 60.8% 0
Capital Structure Board 1,454 1,453 94.4% 5.6% 0
Capital Structure Shareholders 36 36 100.0% 0.0% 0
Other Social Issues Board 80 80 100.0% 0.0% 0
Other Social Issues Shareholders 674 664 8.0% 92.0% 0
Environment or Climate Board 53 53 100.0% 0.0% 0
Environment or Climate Shareholders 487 486 3.3% 96.7% 0
Diversity, Equity, and Inclusion Board 45 45 100.0% 0.0% 0
Diversity, Equity, and Inclusion Shareholders 259 259 0.0% 100.0% 0
Human Rights or Human Capital/workforce Board 45 45 100.0% 0.0% 0
Human Rights or Human Capital/workforce Shareholders 204 204 10.8% 89.2% 0
Extraordinary Transactions Board 227 227 61.2% 38.8% 0
Extraordinary Transactions Shareholders 3 3 0.0% 100.0% 0
Shareholder Rights and Defenses Board 64 60 93.3% 6.7% 4
Shareholder Rights and Defenses Shareholders 92 92 53.3% 46.7% 0
Other Board 30 30 63.3% 36.7% 0
Other Shareholders 79 79 0.0% 100.0% 0
Investment Company Matters Board 4 4 100.0% 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 (69 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 Horizon Funds broke with the board (657 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.
Horizon Funds filed 44,174 vote records for 2025-2026; after removing votes filed twice in different N-PX filings, that is 37,465 ballot items (fund-level observations) across 1,138 issuer names and 17 funds. They cover 13,321 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.
222 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 type122 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 vote100 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.

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