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Equity Income Fund formerly Equity Income Fund I (PQIAX) 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

Principal 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 Principal Funds on 2026-08-27 · open the filing · vote table (npxPFI1031-81107572voterecd.xml, 64 MB)

TickersPQIAX (Class A), PEUCX (Class C), PEIIX (Institutional Class), PEIOX (R-3), PEIQX (R-5), PEIJX (Class J) · 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 97.7% of the time across 43 votes.

IssueProposals facedBackedShare backed
Climate & environment1700%
Workers & human rights500%
Pay equity & inclusion100%
Corporate governance19315.8%
Other social issues1800%

Ballots it voted

The Coca-Cola Company · 29 April 2026 · put on the ballot by shareholder · Climate & environment

Should Coca-Cola 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  Equity Income Fund formerly Equity Income Fund I voted with 2,594,012 shares

“Vote on a shareowner proposal requesting a report evaluating the Company's plastics packaging policies”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000859 · series S000014240 · open the filing

NextEra Energy, Inc. · 21 May 2026 · put on the ballot by shareholder · Climate & environment

Should NextEra Energy publish a fuller account of its emissions and how it plans to cut them?

Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.

AGAINST  Equity Income Fund formerly Equity Income Fund I voted with 1,635,439 shares

“A proposal entitled "Paris Agreement Alignment" requesting NextEra Energy publish a report describing if and how the Company plans to reduce its total contribution to climate change and align its operations and investments with the Paris Agreement's goal of maintaining global temperatures well below”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000859 · series S000014240 · open the filing

Chevron Corporation · 27 May 2026 · put on the ballot by shareholder · Workforce & human rights

Should Chevron assess the human rights risks its own operations create?

Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.

AGAINST  Equity Income Fund formerly Equity Income Fund I voted with 525,912 shares

“Commission a Third-Party Report on Human Rights Processes”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000859 · series S000014240 · open the filing

Microsoft Corporation · 5 December 2025 · put on the ballot by shareholder · Workforce & human rights

Should Microsoft assess the human rights risks its own operations create?

Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.

AGAINST  Equity Income Fund formerly Equity Income Fund I voted with 286,807 shares

“Report on Data Operations in Human Rights Hotspots”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000859 · series S000014240 · open the filing

The Coca-Cola Company · 29 April 2026 · put on the ballot by shareholder · Pay equity & inclusion

Should Coca-Cola publish what its inclusion policies actually do for its workforce?

Shareholders asked for a report on the company’s LGBTQIA+ equity and inclusion efforts within its human capital management strategy — what the policies are, how they are measured, and what they have changed for employees.

AGAINST  Equity Income Fund formerly Equity Income Fund I voted with 2,594,012 shares

“Vote on a shareowner proposal requesting a report on the extent of the Company's diversity, equity and inclusion efforts”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000859 · series S000014240 · open the filing

Bank of America Corporation · 4 May 2026 · put on the ballot by shareholder

Should the person who runs Bank of America also chair the board that supervises them?

Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.

AGAINST  Equity Income Fund formerly Equity Income Fund I voted with 3,423,458 shares

“Shareholder proposal requesting independent board chair”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000859 · series S000014240 · open the filing

Morgan Stanley · 14 May 2026 · put on the ballot by shareholder

Should the person who runs Morgan Stanley also chair the board that supervises them?

Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.

AGAINST  Equity Income Fund formerly Equity Income Fund I voted with 1,204,993 shares

“Shareholder proposal requesting an independent Board Chairman”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000859 · series S000014240 · open the filing

Bank of America Corporation · 4 May 2026 · put on the ballot by shareholder · Social

Should Bank of America’s board account for how animals are treated in its supply chain?

Shareholders asked for a report on how the board oversees animal welfare risk in the company’s operations and supply chain, and on how the company’s practices compare with its stated policy.

AGAINST  Equity Income Fund formerly Equity Income Fund I voted with 3,423,458 shares

“Shareholder proposal requesting report on board oversight of risks related to animal welfare”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000859 · series S000014240 · open the filing

Other funds Principal Funds votes

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

Blue Chip Fund100% for exec payDiversified Real Asset Fund94.6% for exec payLargeCap S&P 500 Index Fund91.5% for exec payMidCap S&P 400 Index Fund94.8% for exec payPrincipal LifeTime 2015 Fund89.6% for exec payPrincipal LifeTime 2020 Fund89.6% for exec payPrincipal LifeTime 2025 Fund89.6% for exec payPrincipal LifeTime 2030 Fund89.6% for exec payPrincipal LifeTime 2035 Fund89.3% for exec payPrincipal LifeTime 2040 Fund89.3% for exec pay

Every Principal fund we track, and how each one voted →

Retirement plans that offer it

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Vote these ballots yourself

See how you would have voted, then what this fund did — one card at a time. Open the full ballot deck for this fund →