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Global Multi-Strategy Fund (PMSAX) 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 (npxPFI831-81107572voterecord.xml, 22 MB)

TickersPMSAX (Class A), PSMIX (Institutional Class), PGLSX (R-6) · 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. Counted by this fund’s own filing alone, 18 of its 303 shareholder proposals would sit under a different issue, or under none. On management's own executive pay resolutions, this fund voted in favour 85.9% of the time across 439 votes.

IssueProposals facedBackedShare backed
Climate & environment6945.8%
Workers & human rights1815.6%
Pay equity & inclusion7228.6%
Executive pay11436.4%
Corporate governance1408258.6%
Other social issues531018.9%

On 135 of the 8,671 ballot items in its filing, 20 of them shareholder proposals, part of this fund’s shares was cast a different way from the rest: 68,675 shares in all, 0.13% of the shares it voted. Every figure here counts the way most of its shares were cast.

Its filing lists 802 ballot items, 66 of them shareholder proposals, more than once, with different share counts (1,604 rows in all): parts of this fund’s shares were voted separately. Each such item is counted once here, with all of its shares, the way most of them were cast.

Ballots it voted

Verizon Communications Inc. · 21 May 2026 · put on the ballot by shareholder · Climate & environment

Should Verizon Communications 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  Global Multi-Strategy Fund voted with 20,530 shares

“Board oversight of material issues related to climate change”

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000858 · series S000033960 · open the filing

The Kansai Electric Power Company, Incorporated · 25 June 2026 · put on the ballot by shareholder · Climate & environment

Should Kansai Electric Power Company, Incorporated 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  Global Multi-Strategy Fund voted with 8,100 shares

“Shareholder Proposal Regarding Decarbonization of Operations and Supply Chain”

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000858 · series S000033960 · open the filing

PepsiCo, Inc. · 6 May 2026 · put on the ballot by shareholder · Workforce & human rights

Should PepsiCo 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  Global Multi-Strategy Fund voted with 2,854 shares

“Shareholder Proposal - Report on Human Rights Oversight.”

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000858 · series S000033960 · 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  Global Multi-Strategy Fund voted with 2,034 shares; the filing records 311 more cast another way on this item

“Report on Data Operations in Human Rights Hotspots”

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000858 · series S000033960 · open the filing

The Kansai Electric Power Company, Incorporated · 25 June 2026 · put on the ballot by shareholder · Pay equity & inclusion

Should Kansai Electric Power Company, Incorporated disclose, or change, who sits on its board?

Shareholders asked the company to publish a board skills-and-diversity matrix, or to commit to a minimum representation of women among its directors.

AGAINST  Global Multi-Strategy Fund voted with 8,100 shares

“Shareholder Proposal Regarding Gender Diversity Targets”

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000858 · series S000033960 · 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  Global Multi-Strategy Fund voted with 1,711 shares

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

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000858 · series S000033960 · open the filing

HSBC Holdings plc · 8 May 2026 · put on the ballot by shareholder · Executive pay

Should HSBC Holdings be able to take back pay awarded on results that turn out to be wrong?

Shareholders asked the board to strengthen its clawback policy, so that bonuses and share awards can be recovered when they were earned on misstated results or on conduct that later causes the company harm.

AGAINST  Global Multi-Strategy Fund voted with 19,190 shares

“Shareholder requisitioned resolution: Midland Clawback Campaign 1”

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000858 · series S000033960 · open the filing

The Kansai Electric Power Company, Incorporated · 25 June 2026 · put on the ballot by shareholder · Executive pay

Regarding Individual Compensation Disclosure

AGAINST  Global Multi-Strategy Fund voted with 8,100 shares

“Shareholder Proposal Regarding Individual Compensation Disclosure”

SourcePrincipal Funds, Form N-PX filed 2026-08-27 · accession 0000898745-26-000858 · series S000033960 · 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 payEquity Income Fund formerly Equity Income Fund I97.7% for exec payGlobal Listed Infrastructure Fund (formerly, Global Sustainable Listed Infrastructure Fund)100% for exec payInternational Equity Index Fund85.7% for exec payInternational Small Company Fund85.5% 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 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 →