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Baron Real Estate Fund (BREFX) proxy voting record 2026

Three of its ballots from this season. Vote first, then see what it did with the shares your savings paid for.

The question on the ballot

As filed

Baron Select Funds files this fund's proxy votes with the SEC once a year. This is what it did with the shares your retirement savings paid for.

SourceProxy-voting record filed by Baron Select Funds on 2026-08-18 · open the filing · vote table (ProxyVotingTable.xml, 4.3 MB)

TickersBREFX (Retail Shares), BREIX (Institutional Shares), BREUX (R6 Shares) · share classes of one fund, with one proxy-voting record · as listed in its latest SEC filing of proxy votes

How it voted, by issue

Fund companies sometimes file the same proposal under different subjects. So that funds can be compared, each proposal is counted under the subject most of the filings we read gave it, the same for every fund on this site. On management's own executive pay resolutions, this fund voted in favour 82.9% of the time across 35 votes.

IssueProposals facedBackedShare backed
Climate & environment300%
Corporate governance7685.7%
Other social issues400%

Ballots it voted

Hyatt Hotels Corporation · 20 May 2026 · put on the ballot by shareholder · Climate & environment

Should Hyatt Hotels report on the single-use plastic it puts into the world?

Shareholders asked for a report on how much single-use plastic packaging the company uses, the risks that creates as regulation tightens, and what it plans to do to reduce it.

AGAINST  Baron Real Estate Fund voted with 424,900 shares

“Stockholder proposal requesting the issuance of a report analyzing whether Hyatt could disclose its overall plastics use.”

SourceBaron Select Funds, Form N-PX filed 2026-08-18 · accession 0001193125-26-354950 · series S000027257 · open the filing

Digital Realty Trust, Inc. · 29 May 2026 · put on the ballot by shareholder · Climate & environment

Should Digital Realty Trust report on its effect on water where it operates?

Shareholders asked for a report on the company’s water use and discharge in the places it operates, and on whether that use is compatible with the local right to water.

AGAINST  Baron Real Estate Fund voted with 350,101 shares

“A stockholder proposal regarding enhanced water risk disclosure, if properly presented.”

SourceBaron Select Funds, Form N-PX filed 2026-08-18 · accession 0001193125-26-354950 · series S000027257 · open the filing

PENN Entertainment, Inc. · 16 June 2026 · put on the ballot by shareholder

Should every PENN Entertainment director face election every year?

Shareholders asked the company to end its staggered board, so that all directors stand for election annually rather than once every three years.

FOR  Baron Real Estate Fund voted with 1,981,900 shares

“Advisory vote on a shareholder proposal regarding the annual election of directors, if properly presented.”

SourceBaron Select Funds, Form N-PX filed 2026-08-18 · accession 0001193125-26-354950 · series S000027257 · open the filing

Airbnb, Inc. · 5 June 2026 · put on the ballot by shareholder

Dual-class sunset; and

FOR  Baron Real Estate Fund voted with 545,116 shares

“Dual-class sunset; and”

SourceBaron Select Funds, Form N-PX filed 2026-08-18 · accession 0001193125-26-354950 · series S000027257 · open the filing

Airbnb, Inc. · 5 June 2026 · put on the ballot by shareholder · Social

Report on discrimination in charitable support;

AGAINST  Baron Real Estate Fund voted with 545,116 shares

“Report on discrimination in charitable support;”

SourceBaron Select Funds, Form N-PX filed 2026-08-18 · accession 0001193125-26-354950 · series S000027257 · open the filing

Lowe's Companies, Inc. · 29 May 2026 · put on the ballot by shareholder · Social

A report on risks of sharing customer data with third parties.

AGAINST  Baron Real Estate Fund voted with 203,466 shares

“Shareholder Proposal requesting a report on risks of sharing customer data with third parties.”

SourceBaron Select Funds, Form N-PX filed 2026-08-18 · accession 0001193125-26-354950 · series S000027257 · open the filing

Other funds Baron Select Funds votes

The same filer reports these alongside this one, in the same annual filing.

Baron FinTech Fund87.5% for exec payBaron Focused Growth Fund87% for exec payBaron Global Opportunity Fund65% for exec payBaron Health Care Fund88.6% for exec payBaron International Growth Fund78.3% for exec payBaron Partners Fund93.8% for exec payBaron Technology Fund92.3% for exec pay

No 401(k) plan we index offers this fund. Its record is here because the fund files it with the SEC, as every fund must: whoever holds it, in an IRA, a brokerage account or a plan we have not indexed, the fund votes those shares as shown on this page.

More funds no plan we index offers, and how each voted →