Home › Asset managers › Thrivent › 2025-2026

Thrivent proxy voting record, 2025-2026

Thrivent reported 248,005 proxy votes on Form N-PX for the 2026 season. On the 192,489 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 93.8% of the time. On the 2,125 environmental and social proposals put on the ballot by shareholders, it voted FOR 1.2% of the time.

2023-2024 2024-20252025-2026

93.8%Voted for board proposals
1.2%Backed E&S proposals
222,957Ballot items
41,259Proposals
3,481Issuers
50Funds / accounts

On the board’s own proposals

93.8% FOR of 192,489 fund votes on board proposals in 2025-2026: directors, pay, auditor, capital.

93.8% FOR

FOR 180,541 AGAINST 7,763 Abstained or withheld 4,185

How we count these

On proposals shareholders put on the ballot

1.2% FOR of 2,125 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 2,103.

AGAINST

FOR 25 AGAINST 2,100 Abstained 38

See the 25 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.

Thrivent, 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 (568 inferred)	127,763	122,854	97.2%	2.8%	4,180
Corporate Governance	Board	24,084	23,856	94.2%	5.8%	205
Corporate Governance	Shareholders (34 inferred)	3,233	3,170	42.3%	57.7%	63
Audit-related	Board	18,577	18,558	99.1%	0.9%	19
Audit-related	Shareholders (18 inferred)	147	123	84.6%	15.4%	24
Say-on-Pay	Board (2,906 inferred)	17,885	16,610	92.7%	7.3%	21
Say-on-Pay	Shareholders (20 inferred)	20	20	100.0%	0.0%	0
Compensation	Board (218 inferred)	15,780	15,646	85.5%	14.5%	119
Compensation	Shareholders	222	220	35.9%	64.1%	0
Capital Structure	Board	13,773	13,773	94.4%	5.6%	0
Capital Structure	Shareholders (1 inferred)	124	124	75.0%	25.0%	0
Other Social Issues	Board	711	711	98.3%	1.7%	0
Other Social Issues	Shareholders	1,454	1,416	1.0%	99.0%	38
Extraordinary Transactions	Board	1,650	1,650	92.4%	7.6%	0
Extraordinary Transactions	Shareholders	26	26	15.4%	84.6%	0
Environment or Climate	Board	344	344	100.0%	0.0%	0
Environment or Climate	Shareholders	1,080	1,061	1.0%	99.0%	19
Other	Board	999	999	66.1%	33.9%	0
Other	Shareholders	208	208	68.3%	31.7%	0
Diversity, Equity, and Inclusion	Board	306	306	100.0%	0.0%	0
Diversity, Equity, and Inclusion	Shareholders	551	532	0.0%	100.0%	19
Shareholder Rights and Defenses	Board	486	446	95.3%	4.7%	40
Shareholder Rights and Defenses	Shareholders (19 inferred)	259	259	53.3%	46.7%	0
Human Rights or Human Capital/workforce	Board	306	306	100.0%	0.0%	0
Human Rights or Human Capital/workforce	Shareholders	421	421	0.0%	100.0%	0
Investment Company Matters	Board	21	21	100.0%	0.0%	0
Investment Company Matters	Shareholders	4	4	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 (3,784 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 Thrivent broke with the board (2,655 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.: Thrivent filed 248,005 vote records for 2025-2026; after removing votes filed twice in different N-PX filings, that is 222,957 ballot items (fund-level observations) across 3,481 issuer names and 50 funds. They cover 41,259 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.
2,023 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	1,235	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	788	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.

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