You Own Wall Street › Funds › Vanguard › Vanguard Morningstar Small-Cap Index Fund

Vanguard Morningstar Small-Cap Index Fund (VB) 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

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 2026-08-27 · open the filing · vote table (proxytable.xml, 12 MB)

TickersVB (ETF Shares), NAESX (Investor Shares), VSMAX (Admiral Shares), VSCIX (Institutional Shares), VSCPX (Institutional Plus Shares) · 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. On management's own executive pay resolutions, this fund voted in favour 96.6% of the time across 1,024 votes.

IssueProposals facedBackedShare backed
Climate & environment1700%
Workers & human rights200%
Pay equity & inclusion300%
Executive pay200%
Corporate governance791721.5%
Other social issues1000%

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
Vanguard Cmt Funds-Vanguard Market Liquidity Fund1.43%
EMCOR Group Inc0.46%
NRG Energy Inc0.43%
Atmos Energy Corp0.43%
Tapestry Inc0.40%
TechnipFMC PLC0.39%
Ciena Corp0.38%
Casey's General Stores Inc0.38%
Jabil Inc0.37%
Natera Inc0.37%
Expand Energy Corp0.37%
United Therapeutics Corp0.36%

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

Ballots it voted

Albertsons Companies, Inc. · 7 August 2025 · put on the ballot by shareholder · Climate & environment

Regarding Food Waste Reporting.

AGAINST  Vanguard Morningstar Small-Cap Index Fund voted with 8,757,058 shares

“Stockholder Proposal Regarding Food Waste Reporting.”

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 2026-08-27 · accession 0001104659-26-101993 · series S000002845 · open the filing

Skyworks Solutions, Inc. · 13 May 2026 · put on the ballot by shareholder · Climate & environment

Should Skyworks Solutions 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 Morningstar Small-Cap Index Fund voted with 3,404,497 shares

“To approve a stockholder proposal regarding greenhouse gas emission reduction efforts report.”

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 2026-08-27 · accession 0001104659-26-101993 · series S000002845 · open the filing

Albertsons Companies, Inc. · 7 August 2025 · put on the ballot by shareholder · Workforce & human rights

Should Albertsons 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 Morningstar Small-Cap Index Fund voted with 8,757,058 shares

“Stockholder Proposal for a Report on Human Rights Policy and 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.

SourceVanguard Index Funds, Form N-PX filed 2026-08-27 · accession 0001104659-26-101993 · series S000002845 · open the filing

SkyWest, Inc. · 5 May 2026 · put on the ballot by shareholder · Workforce & human rights

Should an independent assessment check whether SkyWest respects the right to organise?

Shareholders asked for an independent assessment of whether the company, in practice, respects the internationally recognised rights to freedom of association and collective bargaining — the ILO core standards the company already says it supports — across all of its operations.

AGAINST  Vanguard Morningstar Small-Cap Index Fund voted with 909,819 shares

“A shareholder proposal regarding collective bargaining 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 2026-08-27 · accession 0001104659-26-101993 · series S000002845 · open the filing

Universal Health Services, Inc. · 20 May 2026 · put on the ballot by shareholder · Pay equity & inclusion

Should Universal Health Services disclose more about the people it employs?

Shareholders asked for fuller disclosure of the company’s human capital — the composition of the workforce, turnover, and how the company invests in the people it employs.

AGAINST  Vanguard Morningstar Small-Cap Index Fund voted with 1,188,574 shares

“Stockholder proposal to adopt a policy requiring Universal Health Services, Inc. to publicly disclose its workforce diversity, 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 2026-08-27 · accession 0001104659-26-101993 · series S000002845 · open the filing

Pilgrim's Pride Corporation · 29 April 2026 · put on the ballot by shareholder · Pay equity & inclusion

To provide a report regarding internal diversity and inclusion policies and practices.

AGAINST  Vanguard Morningstar Small-Cap Index Fund voted with 1,086,677 shares

“A stockholder proposal to provide a report regarding internal diversity and inclusion policies and practices.”

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 2026-08-27 · accession 0001104659-26-101993 · series S000002845 · open the filing

CF Industries Holdings, Inc. · 28 April 2026 · put on the ballot by shareholder · Executive pay

Should shareholders get a vote before CF Industries Holdings 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 Morningstar Small-Cap Index Fund voted with 3,540,062 shares

“Shareholder proposal regarding shareholder approval requirement for excessive golden parachutes, 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 2026-08-27 · accession 0001104659-26-101993 · series S000002845 · open the filing

Revvity, Inc. · 28 April 2026 · put on the ballot by shareholder · Executive pay

Executives to Retain Significant Stock.

AGAINST  Vanguard Morningstar Small-Cap Index Fund voted with 2,574,893 shares

“To approve the shareholder proposal regarding Executives to Retain Significant Stock.”

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 2026-08-27 · accession 0001104659-26-101993 · series S000002845 · 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 Fund98.1% for exec payVanguard Extended Market Index Fund96.4% for exec payVanguard Morningstar Growth Index Fund94.2% for exec payVanguard Morningstar Mid-Cap Growth Index Fund96.1% for exec payVanguard Morningstar Mid-Cap Index Fund97.6% for exec payVanguard Morningstar Mid-Cap Value Index Fund98.6% for exec payVanguard Morningstar Small-Cap Growth Index Fund94.6% for exec payVanguard Morningstar Small-Cap Value Index Fund97.8% for exec payVanguard Morningstar Total Stock Market Index Fund96.8% for exec payVanguard Morningstar Value Index Fund98.1% for exec pay

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

Retirement plans that offer it

First Merchants 401(k)30 funds we can traceCincinnati Financial 401(k)28 funds we can traceBadger Meter 401(k)26 funds we can traceFirst Savings Financial Group 401(k)26 funds we can traceCentral Garden & Pet 401(k)25 funds we can traceCommunity Financial System 401(k)24 funds we can traceRegency Centers 401(k)23 funds we can traceTeam 401(k)22 funds we can traceHunt J B Transport Services 401(k)21 funds we can traceNewmarket 401(k)21 funds we can traceGreene County Bancorp 401(k)20 funds we can traceArtesian Resources 401(k)19 funds we can traceAmes National 401(k)18 funds we can traceFinancial Institutions 401(k)17 funds we can traceBlue Foundry Bancorp 401(k)16 funds we can traceCanadian Imperial Bank of Commerce 401(k)15 funds we can traceKimco Realty 401(k)15 funds we can traceInterDigital 401(k)14 funds we can traceEast West Bancorp 401(k)12 funds we can traceTeleflex 401(k)12 funds we can traceCredit Acceptance 401(k)11 funds we can traceSTMicroelectronics 401(k)10 funds we can traceAmeris Bancorp 401(k)9 funds we can traceNovo Nordisk A S 401(k)8 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 →