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State Street proxy voting record, 2025-2026

State Street reported 888,268 proxy votes on Form N-PX for the 2026 season. On the 589,750 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 89.6% of the time. On the 3,767 environmental and social proposals put on the ballot by shareholders, it voted FOR 6.8% of the time.

2023-20242024-20252025-2026

On the board’s own proposals

89.6% FOR of 589,750 fund votes on board proposals in 2025-2026: directors, pay, auditor, capital.

FOR 528,589 AGAINST 47,036 Abstained or withheld 14,125

How we count these

On proposals shareholders put on the ballot

6.8% FOR of 3,767 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 3,744.

FOR 257 AGAINST 3,510 Abstained 0

See the 257 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.

State Street, 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 (6,220 inferred) 326,953 310,435 93.7% 6.3% 14,002
Director Elections Shareholders (58 inferred) 101 58 0.0% 100.0% 43
Corporate Governance Board (1 inferred) 170,580 170,240 81.7% 18.3% 244
Corporate Governance Shareholders (63 inferred) 7,423 7,292 29.6% 70.4% 77
Capital Structure Board 95,153 95,118 87.2% 12.8% 3
Capital Structure Shareholders (12 inferred) 851 851 73.6% 26.4% 0
Compensation Board (1,383 inferred) 77,591 77,325 86.5% 13.5% 222
Compensation Shareholders (58 inferred) 703 673 27.6% 72.4% 0
Audit-related Board 53,769 53,741 96.9% 3.1% 3
Audit-related Shareholders (26 inferred) 575 537 78.8% 21.2% 38
Say-on-Pay Board (12,327 inferred) 39,382 36,218 94.9% 5.1% 0
Say-on-Pay Shareholders (35 inferred) 35 35 100.0% 0.0% 0
Extraordinary Transactions Board 11,452 11,438 75.0% 25.0% 0
Extraordinary Transactions Shareholders 733 733 78.4% 21.6% 0
Other Board 6,759 6,415 66.0% 34.0% 341
Other Shareholders 878 878 48.3% 51.7% 0
Other Social Issues Board 2,942 2,942 88.5% 11.5% 0
Other Social Issues Shareholders 2,629 2,623 7.7% 92.3% 0
Environment or Climate Board 1,414 1,414 99.7% 0.3% 0
Environment or Climate Shareholders 2,324 2,324 2.3% 97.7% 0
Diversity, Equity, and Inclusion Board 1,240 1,240 99.7% 0.3% 0
Diversity, Equity, and Inclusion Shareholders 1,024 1,023 4.2% 95.8% 0
Human Rights or Human Capital/workforce Board 1,240 1,240 99.7% 0.3% 0
Human Rights or Human Capital/workforce Shareholders 786 784 8.4% 91.6% 0
Shareholder Rights and Defenses Board 1,476 1,463 69.9% 30.1% 13
Shareholder Rights and Defenses Shareholders (11 inferred) 502 502 65.3% 34.7% 0
Investment Company Matters Board 16 16 100.0% 0.0% 0
Investment Company Matters Shareholders 139 139 100.0% 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 (20,194 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 State Street broke with the board (6,016 distinct proposals) →

What State Street said it would do

The page above is what State Street did. Its published proxy voting policy — what it said it would do — is in the voting policy library under State Street, 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.
State Street filed 888,268 vote records for 2025-2026; after removing votes filed twice in different N-PX filings, that is 770,559 ballot items (fund-level observations) across 13,530 issuer names and 133 funds. They cover 176,628 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.
5,982 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 type2,851 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 vote3,131 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.

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