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T. Rowe Price Spectrum Moderate Allocation Fund (TRPBX) 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 Spectrum Funds II 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 Spectrum Funds II on 2026-08-28 · open the filing · vote table (ProxyVotingTable.xml, 16 MB)

TickersTRPBX, TPPAX · 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, 1 of its 209 shareholder proposals would sit under a different issue, or under none. On management's own executive pay resolutions, this fund voted in favour 96.6% of the time across 381 votes.

IssueProposals facedBackedShare backed
Climate & environment4712.1%
Workers & human rights1500%
Pay equity & inclusion100%
Executive pay5120%
Corporate governance821214.6%
Other social issues4512.2%

On 16 of the 6,600 ballot items in its filing part of this fund’s shares was cast a different way from the rest: 6,426 shares in all, 0.002% 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  T. Rowe Price Spectrum Moderate Allocation Fund voted with 284,202 shares

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

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.

SourceT. Rowe Price Spectrum Funds II, Form N-PX filed 2026-08-28 · accession 0001193125-26-373012 · series S000002137 · 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 Spectrum Moderate Allocation Fund voted with 107,412 shares

“Shareholder proposal requesting a report on objective evaluation of 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.

SourceT. Rowe Price Spectrum Funds II, Form N-PX filed 2026-08-28 · accession 0001193125-26-373012 · series S000002137 · 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  T. Rowe Price Spectrum Moderate Allocation Fund voted with 102,107 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.

SourceT. Rowe Price Spectrum Funds II, Form N-PX filed 2026-08-28 · accession 0001193125-26-373012 · series S000002137 · 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  T. Rowe Price Spectrum Moderate Allocation Fund voted with 102,107 shares

“Report on Human Rights Due Diligence”

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.

SourceT. Rowe Price Spectrum Funds II, Form N-PX filed 2026-08-28 · accession 0001193125-26-373012 · series S000002137 · 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 Spectrum Moderate Allocation Fund voted with 25,054 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.

SourceT. Rowe Price Spectrum Funds II, Form N-PX filed 2026-08-28 · accession 0001193125-26-373012 · series S000002137 · open the filing

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

Regarding annual vote regarding executive pay.

FOR  T. Rowe Price Spectrum Moderate Allocation Fund voted with 24,781 shares

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

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.

SourceT. Rowe Price Spectrum Funds II, Form N-PX filed 2026-08-28 · accession 0001193125-26-373012 · series S000002137 · 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  T. Rowe Price Spectrum Moderate Allocation Fund voted with 15,768 shares

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

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.

SourceT. Rowe Price Spectrum Funds II, Form N-PX filed 2026-08-28 · accession 0001193125-26-373012 · series S000002137 · open the filing

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

Should a simple majority be enough to pass a measure at Nvidia?

Shareholders asked the company to replace its supermajority voting requirements with a simple majority, so that a measure supported by most shares actually carries.

FOR  T. Rowe Price Spectrum Moderate Allocation Fund voted with 284,202 shares

“Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting provisions in our charter and bylaws with a simple majority voting standard.”

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.

SourceT. Rowe Price Spectrum Funds II, Form N-PX filed 2026-08-28 · accession 0001193125-26-373012 · series S000002137 · open the filing

Other funds T. Rowe Price Spectrum Funds II votes

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

T. Rowe Price Spectrum Moderate Growth Allocation Fund96.9% for exec pay

Every T. Rowe Price fund we track, and how each one voted →

Retirement plans that offer it

Community Financial System 401(k)24 funds we can trace

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 →