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JPMorgan reported 286,397 proxy votes on Form N-PX for the 2026 season. On the 218,768 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 93.3% of the time. On the 1,758 environmental and social proposals put on the ballot by shareholders, it voted FOR 6.1% of the time.
FOR 204,007 AGAINST 12,626 Abstained or withheld 2,135
FOR 107 AGAINST 1,651 Abstained 0
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.
| Proposal type | Put on the ballot by | Items | Decided | Voted FOR | Voted AGAINST | Abstained / withheld |
|---|---|---|---|---|---|---|
| Director Elections | Board (138,195 inferred) | 138,195 | 135,765 | 95.2% | 4.8% | 2,060 |
| Director Elections | Shareholders (101 inferred) | 101 | 100 | 30.0% | 70.0% | 0 |
| Corporate Governance | Board (43,701 inferred) | 43,701 | 40,025 | 89.3% | 10.7% | 330 |
| Corporate Governance | Shareholders (2,076 inferred) | 2,076 | 2,076 | 13.1% | 86.9% | 0 |
| Capital Structure | Board (23,161 inferred) | 23,161 | 22,995 | 93.5% | 6.5% | 7 |
| Capital Structure | Shareholders (92 inferred) | 92 | 91 | 82.4% | 17.6% | 0 |
| Say-on-Pay | Board (20,239 inferred) | 20,239 | 19,125 | 89.4% | 10.6% | 6 |
| Say-on-Pay | Shareholders (45 inferred) | 45 | 45 | 100.0% | 0.0% | 0 |
| Audit-related | Board (19,232 inferred) | 19,232 | 19,157 | 97.6% | 2.4% | 13 |
| Compensation | Board (17,901 inferred) | 17,901 | 17,774 | 90.1% | 9.9% | 66 |
| Compensation | Shareholders (92 inferred) | 92 | 92 | 19.6% | 80.4% | 0 |
| Other | Board (3,226 inferred) | 3,226 | 1,688 | 74.5% | 25.5% | 5 |
| Other | Shareholders (167 inferred) | 167 | 167 | 6.6% | 93.4% | 0 |
| Other Social Issues | Board (1,805 inferred) | 1,805 | 1,763 | 56.4% | 43.6% | 0 |
| Other Social Issues | Shareholders (899 inferred) | 899 | 899 | 6.7% | 93.3% | 0 |
| Extraordinary Transactions | Board (2,603 inferred) | 2,603 | 2,567 | 77.6% | 22.4% | 0 |
| Extraordinary Transactions | Shareholders (1 inferred) | 1 | 1 | 0.0% | 100.0% | 0 |
| Environment or Climate | Board (1,250 inferred) | 1,250 | 1,239 | 42.7% | 57.3% | 0 |
| Environment or Climate | Shareholders (603 inferred) | 603 | 603 | 3.5% | 96.5% | 0 |
| Human Rights or Human Capital/workforce | Board (706 inferred) | 706 | 701 | 59.3% | 40.7% | 0 |
| Human Rights or Human Capital/workforce | Shareholders (412 inferred) | 412 | 412 | 3.2% | 96.8% | 0 |
| Diversity, Equity, and Inclusion | Board (625 inferred) | 625 | 620 | 70.3% | 29.7% | 0 |
| Diversity, Equity, and Inclusion | Shareholders (442 inferred) | 442 | 442 | 3.2% | 96.8% | 0 |
| Shareholder Rights and Defenses | Board (517 inferred) | 517 | 478 | 88.3% | 11.7% | 37 |
| Shareholder Rights and Defenses | Shareholders (164 inferred) | 164 | 163 | 72.4% | 27.6% | 0 |
| Investment Company Matters | Board (18 inferred) | 18 | 18 | 27.8% | 72.2% | 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 (278,273 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 JPMorgan broke with the board (5,692 distinct proposals) →
The page above is what JPMorgan did. Its published proxy voting policy — what it said it would do — is in the voting policy library under JP Morgan AM, with the documents for each year and, where one exists, a year-on-year comparison.
| Excluded | Items | Why |
|---|---|---|
| Not voted | 5,589 | Reported as not voted, take no action or do not vote. No position was expressed, so there is nothing to count. |
| Other ballot type | 839 | Frequency ballots (one / two / three years) and anything else that is not a FOR, AGAINST, abstention or withhold. |
| Direction indeterminate | 0 | 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 vote | 201 | 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. |
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.
JPMorgan proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).