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Vanguard Mid-Cap Value Index Fund proxy voting record

Vanguard Index 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 Vanguard Index Funds on 2025-08-27 · open the filing · vote table (ProxyVotingTable.xml, 2 MB)

How it voted, by issue

Proposals are grouped by the subject the filer itself recorded. On management's own executive pay resolutions, this fund voted in favour 98.7% of the time across 150 votes.

IssueProposals facedBackedShare backed
Climate & environment2300%
Workers & human rights300%
Pay equity & inclusion700%
Executive pay1000%
Corporate governance43818.6%
Other social issues1300%

What it holds

The largest positions this fund reported, as a share of the fund. Your slice of each is that percentage of your balance.

Company% of fund
SLB Ltd1.44%
Cummins Inc1.39%
Valero Energy Corp1.38%
Phillips 661.37%
Marathon Petroleum Corp1.35%
Crh Plc1.32%
General Motors Co1.26%
Warner Bros Discovery Inc1.21%
L3Harris Technologies Inc1.21%
Digital Realty Trust Inc1.16%
TE Connectivity PLC1.15%
PACCAR Inc1.14%

SourcePortfolio holdings as reported by the fund for 2026-03-31 · open the filing

Ballots it voted

Ford Motor Company · 8 May 2025 · put on the ballot by shareholder · Climate & environment

Should Ford Motor 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  Vanguard Mid-Cap Value Index Fund voted with 13,135,404 shares

“A shareholder proposal relating to a Report on Supply Chain GHG Emissions and Net Zero Goals.”

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.

SourceVanguard Index Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083464 · series S000012757 · open the filing

PPL Corporation · 16 May 2025 · put on the ballot by shareholder · Climate & environment

Should Ppl 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  Vanguard Mid-Cap Value Index Fund voted with 4,716,238 shares

“Shareowner Proposal regarding Independent Evaluation of Greenhouse Gas Reduction Targets”

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.

SourceVanguard Index Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083464 · series S000012757 · open the filing

Digital Realty Trust, Inc. · 6 June 2025 · put on the ballot by shareholder · Workforce & human rights

Should Digital Realty Trust report on its effect on water where it operates?

Shareholders asked for a report on the company’s water use and discharge in the places it operates, and on whether that use is compatible with the local right to water.

AGAINST  Vanguard Mid-Cap Value Index Fund voted with 2,162,836 shares

“A stockholder proposal regarding human right to water, if properly presented.”

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.

SourceVanguard Index Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083464 · series S000012757 · open the filing

Dollar General Corporation · 29 May 2025 · put on the ballot by shareholder · Workforce & human rights

Should Dollar General 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  Vanguard Mid-Cap Value Index Fund voted with 1,458,116 shares

“To vote on a shareholder proposal to adopt a comprehensive human rights policy.”

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.

SourceVanguard Index Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083464 · series S000012757 · open the filing

Arch Capital Group Ltd. · 7 May 2025 · put on the ballot by shareholder · Pay equity & inclusion

Should Arch Capital Group 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  Vanguard Mid-Cap Value Index Fund voted with 2,405,669 shares

“To vote on a shareholder proposal requesting that the Company report to shareholders on the effectiveness of its diversity, equity and inclusion efforts, if properly presented at the Meeting.”

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.

SourceVanguard Index Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083464 · series S000012757 · open the filing

International Paper Company · 12 May 2025 · put on the ballot by shareholder · Pay equity & inclusion

Should International Paper 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  Vanguard Mid-Cap Value Index Fund voted with 2,337,664 shares

“Shareowner Proposal Concerning a Report on the Company's LGBTQIA+ 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.

SourceVanguard Index Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083464 · series S000012757 · open the filing

Southwest Airlines Co. · 14 May 2025 · put on the ballot by shareholder · Executive pay

Should Southwest Airlines 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  Vanguard Mid-Cap Value Index Fund voted with 4,039,526 shares

“Advisory vote on shareholder proposal to amend clawback policy for 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.

SourceVanguard Index Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083464 · series S000012757 · open the filing

PACCAR Inc · 29 April 2025 · put on the ballot by shareholder · Executive pay

Should shareholders get a vote before Paccar pays a departing executive?

Shareholders asked the company to seek shareholder approval for any severance package to a senior executive above a set multiple of salary and bonus — so that very large exit payments cannot be agreed by the board alone.

AGAINST  Vanguard Mid-Cap Value Index Fund voted with 3,527,372 shares

“Stockholder proposal regarding a shareholder vote on excessive golden parachutes”

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.

SourceVanguard Index Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083464 · series S000012757 · open the filing

Other funds Vanguard Index Funds votes

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

Vanguard 500 Index Fund98.5% for exec payVanguard Extended Market Index Fund96.6% for exec payVanguard Growth Index Fund97.9% for exec payVanguard Mid-Cap Growth Index Fund96.7% for exec payVanguard Mid-Cap Index Fund98.5% for exec payVanguard Small-Cap Growth Index Fund96.3% for exec payVanguard Small-Cap Index Fund97.9% for exec payVanguard Small-Cap Value Index Fund99% for exec payVanguard Total Stock Market Index Fund97.1% for exec payVanguard Value Index Fund98.9% for exec pay

Retirement plans that offer it

Badger Meter 401(k)26 funds we can traceApplied Industrial Technologies 401(k)15 funds we can traceWsfs Financial 401(k)8 funds we can traceConstellation Energy 401(k)3 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 ballot deck →