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Schwab S&P 500 Index Fund (SWPPX) 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

Schwab Capital Trust 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 Schwab Capital Trust on 2026-08-28 · open the filing

TickerSWPPX · 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, 50 of its 342 shareholder proposals would sit under a different issue, or under none. On management's own executive pay resolutions, this fund voted in favour 90.7% of the time across 407 votes.

IssueProposals facedBackedShare backed
Climate & environment6600%
Workers & human rights2100%
Pay equity & inclusion800%
Executive pay1119.1%
Corporate governance1772916.4%
Other social issues5600%

On 12 of the 6,590 ballot items in its filing part of this fund’s shares was cast a different way from the rest: 12,484,946 shares in all, 0.10% of the shares it voted. Every figure here counts the way most of its shares were cast.

Ballots it voted

NVIDIA Corporation · 24 June 2026 · put on the ballot by shareholder · Climate & environment

Should Nvidia 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  Schwab S&P 500 Index Fund voted with 53,879,806 shares

“Approval of a non-binding stockholder proposal requesting reporting on greenhouse gas emissions from the use of our sold products.”

SourceSchwab Capital Trust · accession 0001193125-26-373453 · series S000005911 · open the filing

Amazon.com, Inc. · 20 May 2026 · put on the ballot by shareholder · Climate & environment

Should Amazon.com report what its data centres do to its climate commitments?

Shareholders asked for a report on the electricity and water its data-centre build-out consumes, and on whether the growth in that demand can be squared with the emissions targets the company has already committed to.

AGAINST  Schwab S&P 500 Index Fund voted with 21,580,711 shares

“Shareholder Proposal Requesting Additional Reporting On Impact Of Data Centers On Climate Commitments”

SourceSchwab Capital Trust · accession 0001193125-26-373453 · series S000005911 · 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  Schwab S&P 500 Index Fund voted with 16,624,869 shares

“Report on Data Operations in Human Rights Hotspots”

SourceSchwab Capital Trust · accession 0001193125-26-373453 · series S000005911 · 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  Schwab S&P 500 Index Fund voted with 16,624,869 shares

“Report on Human Rights Due Diligence”

SourceSchwab Capital Trust · accession 0001193125-26-373453 · series S000005911 · 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  Schwab S&P 500 Index Fund voted with 8,717,990 shares

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

SourceSchwab Capital Trust · accession 0001193125-26-373453 · series S000005911 · open the filing

Constellation Energy Corporation · 28 April 2026 · put on the ballot by shareholder · Pay equity & inclusion

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AGAINST  Schwab S&P 500 Index Fund voted with 690,191 shares

“To consider a shareholder proposal (if properly presented) requesting a report assessing the bases for the company's diversity, equity and inclusion”

SourceSchwab Capital Trust · accession 0001193125-26-373453 · series S000005911 · open the filing

Tesla, Inc. · 6 November 2025 · put on the ballot by shareholder · Executive pay

Regarding adopting targets and reporting on metrics to assess the feasibility of integrating sustainability metrics into senior executive compensation plans.

AGAINST  Schwab S&P 500 Index Fund voted with 6,292,974 shares

“A shareholder proposal regarding adopting targets and reporting on metrics to assess the feasibility of integrating sustainability metrics into senior executive compensation plans.”

SourceSchwab Capital Trust · accession 0001193125-26-373453 · series S000005911 · open the filing

Meta Platforms, Inc. · 27 May 2026 · put on the ballot by shareholder · Executive pay

Regarding annual vote regarding executive pay.

FOR  Schwab S&P 500 Index Fund voted with 4,842,189 shares

“A shareholder proposal regarding annual vote regarding executive pay.”

SourceSchwab Capital Trust · accession 0001193125-26-373453 · series S000005911 · open the filing

Other funds Schwab Capital Trust votes

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

Schwab International Index Fund77.7% for exec paySchwab Total Stock Market Index Fund89.8% for exec pay

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

No 401(k) plan we index offers this fund. It is here because it is widely held outside them: whoever holds it, in an IRA or a brokerage account, the fund votes those shares as shown on this page.

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 →