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SEI proxy voting record, 2025-2026

SEI reported 264,273 proxy votes on Form N-PX for the 2026 season. On the 197,761 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 91.2% of the time. On the 2,397 environmental and social proposals put on the ballot by shareholders, it voted FOR 21.4% of the time.

2023-2024 2024-20252025-2026

91.2%Voted for board proposals
21.4%Backed E&S proposals
235,899Ballot items
64,879Proposals
6,106Issuers
45Funds / accounts

On the board’s own proposals

91.2% FOR of 197,761 fund votes on board proposals in 2025-2026: directors, pay, auditor, capital.

91.2% FOR

FOR 180,437 AGAINST 12,948 Abstained or withheld 4,376

How we count these

On proposals shareholders put on the ballot

21.4% FOR of 2,397 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 2,386.

21.4% FOR AGAINST

FOR 513 AGAINST 1,884 Abstained 12

See the 513 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.

SEI, 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 type	Put on the ballot by	Items	Decided	Voted FOR	Voted AGAINST	Abstained / withheld
Director Elections	Board (90 inferred)	135,112	127,134	94.5%	5.5%	4,166
Director Elections	Shareholders (164 inferred)	258	164	53.7%	46.3%	45
Corporate Governance	Board (1 inferred)	22,529	21,072	92.3%	7.7%	126
Corporate Governance	Shareholders (47 inferred)	1,752	1,692	63.1%	36.9%	12
Say-on-Pay	Board	20,926	19,264	84.2%	15.8%	42
Say-on-Pay	Shareholders (13 inferred)	13	13	100.0%	0.0%	0
Audit-related	Board	19,630	18,735	98.9%	1.1%	70
Audit-related	Shareholders (13 inferred)	21	15	60.0%	40.0%	0
Compensation	Board	14,076	13,275	86.7%	13.3%	52
Compensation	Shareholders (9 inferred)	360	329	24.9%	75.1%	6
Capital Structure	Board	13,998	13,706	92.8%	7.2%	37
Capital Structure	Shareholders (54 inferred)	259	256	61.3%	38.7%	3
Shareholder Rights and Defenses	Board	1,051	937	88.8%	11.2%	101
Shareholder Rights and Defenses	Shareholders (1 inferred)	1,481	1,470	76.4%	23.6%	11
Extraordinary Transactions	Board	1,313	1,284	99.1%	0.9%	9
Extraordinary Transactions	Shareholders (23 inferred)	52	47	48.9%	51.1%	0
Other Social Issues	Board	291	285	95.4%	4.6%	2
Other Social Issues	Shareholders	907	882	31.7%	68.3%	12
Environment or Climate	Board	24	15	93.3%	6.7%	9
Environment or Climate	Shareholders	939	923	9.2%	90.8%	2
Human Rights or Human Capital/workforce	Shareholders	514	502	18.3%	81.7%	0
Diversity, Equity, and Inclusion	Board	2	2	100.0%	0.0%	0
Diversity, Equity, and Inclusion	Shareholders	339	339	19.8%	80.2%	0
Other	Board	34	34	41.2%	58.8%	0
Investment Company Matters	Board	5	5	100.0%	0.0%	0
Investment Company Matters	Shareholders	13	13	0.0%	100.0%	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 (415 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 SEI broke with the board (6,083 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.: SEI filed 264,273 vote records for 2025-2026; after removing votes filed twice in different N-PX filings, that is 235,899 ballot items (fund-level observations) across 6,106 issuer names and 45 funds. They cover 64,879 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.
8,801 items are outside both headline figures.: Besides the table rows neither figure uses:

Excluded	Items	Why
Not voted	3,902	Reported as not voted, take no action or do not vote. No position was expressed, so there is nothing to count.
Other ballot type	1,426	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	3,473	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.

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