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T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) 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

T. Rowe Price Exchange-Traded 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 T. Rowe Price Exchange-Traded Funds on 2026-08-28 · open the filing · vote table (ProxyVotingTable.xml, 37 MB)

TickerTCAL · 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 95.9% of the time across 49 votes.

IssueProposals facedBackedShare backed
Climate & environment1300%
Workers & human rights200%
Pay equity & inclusion200%
Corporate governance25312%
Other social issues10110%

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  T. Rowe Price Capital Appreciation Premium Income ETF voted with 29,200 shares

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

SourceT. Rowe Price Exchange-Traded Funds, Form N-PX filed 2026-08-28 · accession 0001193125-26-372784 · series S000089785 · open the filing

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

Should Mondelez International 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  T. Rowe Price Capital Appreciation Premium Income ETF voted with 23,527 shares

“Shareholder proposal requesting a report on objective evaluation of plastics packaging policies”

SourceT. Rowe Price Exchange-Traded Funds, Form N-PX filed 2026-08-28 · accession 0001193125-26-372784 · series S000089785 · open the filing

Walmart Inc. · 4 June 2026 · put on the ballot by shareholder · Workforce & human rights

Should Walmart explain how its board oversees the safety of the people who work for it?

Shareholders asked for a report on how health and safety is actually governed — who on the board is accountable, what the company measures, how injuries and fatalities are counted, and whether contractors and temporary workers are covered by the same standards as employees.

AGAINST  T. Rowe Price Capital Appreciation Premium Income ETF voted with 30,900 shares

“Report on Workplace Health and Safety Governance”

SourceT. Rowe Price Exchange-Traded Funds, Form N-PX filed 2026-08-28 · accession 0001193125-26-372784 · series S000089785 · 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  T. Rowe Price Capital Appreciation Premium Income ETF voted with 26,051 shares

“Shareholder Proposal - Report on Human Rights Oversight.”

SourceT. Rowe Price Exchange-Traded Funds, Form N-PX filed 2026-08-28 · accession 0001193125-26-372784 · series S000089785 · 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  T. Rowe Price Capital Appreciation Premium Income ETF voted with 29,200 shares

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

SourceT. Rowe Price Exchange-Traded Funds, Form N-PX filed 2026-08-28 · accession 0001193125-26-372784 · series S000089785 · open the filing

Workday, Inc. · 16 June 2026 · put on the ballot by shareholder · Pay equity & inclusion

To consider and vote upon a stockholder proposal regarding disclosure of employee retention rates by demographic category.

AGAINST  T. Rowe Price Capital Appreciation Premium Income ETF voted with 16,402 shares

“To consider and vote upon a stockholder proposal regarding disclosure of employee retention rates by demographic category.”

SourceT. Rowe Price Exchange-Traded Funds, Form N-PX filed 2026-08-28 · accession 0001193125-26-372784 · series S000089785 · open the filing

Gilead Sciences, Inc. · 30 April 2026 · put on the ballot by shareholder

Should the person who runs Gilead Sciences 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  T. Rowe Price Capital Appreciation Premium Income ETF voted with 31,100 shares

“To vote on a stockholder proposal requesting an independent Board Chair policy, if properly presented at the Annual Meeting.”

SourceT. Rowe Price Exchange-Traded Funds, Form N-PX filed 2026-08-28 · accession 0001193125-26-372784 · series S000089785 · open the filing

Walmart Inc. · 4 June 2026 · put on the ballot by shareholder

Request for Cumulative Voting for Board Elections

AGAINST  T. Rowe Price Capital Appreciation Premium Income ETF voted with 30,900 shares

“Request for Cumulative Voting for Board Elections”

SourceT. Rowe Price Exchange-Traded Funds, Form N-PX filed 2026-08-28 · accession 0001193125-26-372784 · series S000089785 · open the filing

Other funds T. Rowe Price Exchange-Traded Funds votes

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

T. Rowe Price Active Core International Equity ETF96% for exec payT. Rowe Price Active Core U.S. Equity ETF95.6% for exec payT. Rowe Price Blue Chip Growth ETF100% for exec payT. Rowe Price Capital Appreciation Equity ETF97% for exec payT. Rowe Price Dividend Growth ETF100% for exec payT. Rowe Price Emerging Markets Equity Research ETF58.3% for exec payT. Rowe Price Equity Income ETF96.7% for exec payT. Rowe Price Financials ETF92.7% for exec payT. Rowe Price Global Equity ETF97% for exec payT. Rowe Price Growth ETF100% 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 →