Home › Asset managers › Manning & Napier › 2023-2024

Manning & Napier proxy voting record, 2023-2024

Manning & Napier reported 12,162 proxy votes on Form N-PX for the 2024 season. On the 9,216 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 92.5% of the time. On the 469 environmental and social proposals put on the ballot by shareholders, it voted FOR 48.0% of the time.

2023-20242024-2025

92.5%Voted for board proposals
48.0%Backed E&S proposals
11,105Ballot items
4,282Proposals
519Issuers
11Funds / accounts

On the board’s own proposals

92.5% FOR of 9,216 fund votes on board proposals in 2023-2024: directors, pay, auditor, capital.

92.5% FOR

FOR 8,528 AGAINST 593 Abstained or withheld 95

How we count these

On proposals shareholders put on the ballot

48.0% FOR of 469 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 429.

48.0% FOR AGAINST

FOR 225 AGAINST 244 Abstained 0

See the 225 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.

Manning & Napier, 2023-2024. “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 type	Put on the ballot by	Items	Decided	Voted FOR	Voted AGAINST	Abstained / withheld
Director Elections	Board (1 inferred)	6,127	6,002	94.5%	5.5%	95
Say-on-Pay	Board	1,224	1,116	82.7%	17.3%	0
Say-on-Pay	Shareholders (12 inferred)	12	6	0.0%	100.0%	0
Corporate Governance	Board	733	710	88.9%	11.1%	11
Corporate Governance	Shareholders (5 inferred)	174	174	68.4%	31.6%	0
Audit-related	Board	773	773	99.1%	0.9%	0
Audit-related	Shareholders (5 inferred)	5	5	100.0%	0.0%	0
Capital Structure	Board	714	714	97.6%	2.4%	0
Capital Structure	Shareholders (2 inferred)	2	2	100.0%	0.0%	0
Compensation	Board	536	536	91.4%	8.6%	0
Compensation	Shareholders	51	51	52.9%	47.1%	0
Other Social Issues	Board	62	62	91.9%	8.1%	0
Other Social Issues	Shareholders	296	296	46.6%	53.4%	0
Other	Board	316	310	97.1%	2.9%	6
Other	Shareholders	17	6	16.7%	83.3%	11
Environment or Climate	Board	6	6	100.0%	0.0%	0
Environment or Climate	Shareholders	149	149	28.2%	71.8%	0
Human Rights or Human Capital/workforce	Board	1	1	100.0%	0.0%	0
Human Rights or Human Capital/workforce	Shareholders	91	91	59.3%	40.7%	0
Shareholder Rights and Defenses	Board	17	17	70.6%	29.4%	0
Shareholder Rights and Defenses	Shareholders	50	50	66.0%	34.0%	0
Diversity, Equity, and Inclusion	Shareholders	31	31	22.6%	77.4%	0
Extraordinary Transactions	Board	15	15	86.7%	13.3%	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 Manning & Napier broke with the board (409 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.: Manning & Napier filed 12,162 vote records for 2023-2024; after removing votes filed twice in different N-PX filings, that is 11,105 ballot items (fund-level observations) across 519 issuer names and 11 funds. They cover 4,282 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.
156 items are outside both headline figures.: Besides the table rows neither figure uses:

Excluded	Items	Why
Not voted	0	Reported as not voted, take no action or do not vote. No position was expressed, so there is nothing to count.
Other ballot type	108	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	48	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.

Manning & Napier proxy season coverage: 2023-2024 (this page) · 2024-2025.