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Principal Exchange-Traded Funds proxy voting record, 2023-2024

Principal Exchange-Traded Funds reported 12,443 proxy votes on Form N-PX for the 2024 season. On the 9,570 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 92.0% of the time. On the 379 environmental and social proposals put on the ballot by shareholders, it voted FOR 36.9% of the time.

2023-2024

On the board’s own proposals

92.0% FOR of 9,570 fund votes on board proposals in 2023-2024: directors, pay, auditor, capital.

FOR 8,803 AGAINST 346 Abstained or withheld 421

How we count these

On proposals shareholders put on the ballot

36.9% FOR of 379 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 359.

FOR 140 AGAINST 239 Abstained 0

See the 140 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.

Principal Exchange-Traded Funds, 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 typePut on the ballot by ItemsDecided Voted FORVoted AGAINST Abstained / withheld
Director Elections Board (3 inferred) 6,617 6,094 98.0% 2.0% 421
Director Elections Shareholders 9 1 100.0% 0.0% 8
Say-on-Pay Board 1,286 1,035 89.7% 10.3% 0
Audit-related Board 1,164 1,164 100.0% 0.0% 0
Compensation Board 531 531 80.8% 19.2% 0
Compensation Shareholders 32 32 28.1% 71.9% 0
Corporate Governance Board 413 413 90.8% 9.2% 0
Corporate Governance Shareholders 118 118 50.8% 49.2% 0
Capital Structure Board 258 258 95.0% 5.0% 0
Capital Structure Shareholders 5 5 100.0% 0.0% 0
Other Social Issues Board 18 18 100.0% 0.0% 0
Other Social Issues Shareholders 219 219 25.6% 74.4% 0
Environment or Climate Board 4 4 100.0% 0.0% 0
Environment or Climate Shareholders 170 170 23.5% 76.5% 0
Diversity, Equity, and Inclusion Board 3 3 100.0% 0.0% 0
Diversity, Equity, and Inclusion Shareholders 116 116 24.1% 75.9% 0
Human Rights or Human Capital/workforce Board 3 3 100.0% 0.0% 0
Human Rights or Human Capital/workforce Shareholders 98 98 31.6% 68.4% 0
Extraordinary Transactions Board 68 68 95.6% 4.4% 0
Other Board 35 35 31.4% 68.6% 0
Shareholder Rights and Defenses Board 20 20 100.0% 0.0% 0
Shareholder Rights and Defenses Shareholders 10 9 88.9% 11.1% 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 (3 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 Principal Exchange-Traded Funds broke with the board (782 distinct proposals) →

What Principal Exchange-Traded Funds said it would do

The page above is what Principal Exchange-Traded Funds did. Its published proxy voting policy — what it said it would do — is in the voting policy library under Principal, with the documents for each year and, where one exists, a year-on-year comparison.

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.
Principal Exchange-Traded Funds filed 12,443 vote records for 2023-2024; after removing votes filed twice in different N-PX filings, that is 10,914 ballot items (fund-level observations) across 1,086 issuer names and 11 funds. They cover 9,269 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.
354 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 type251 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 vote103 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.

Principal Exchange-Traded Funds proxy season coverage: 2023-2024 (this page).