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Vanguard Small-Cap 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, 11 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 97.9% of the time across 1,049 votes.
| Issue | Proposals faced | Backed | Share backed |
|---|---|---|---|
| Climate & environment | 17 | 0 | 0% |
| Workers & human rights | 7 | 0 | 0% |
| Pay equity & inclusion | 4 | 0 | 0% |
| Executive pay | 11 | 0 | 0% |
| Corporate governance | 74 | 25 | 33.8% |
| Other social issues | 13 | 0 | 0% |
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 Fund | 1.43% |
| EMCOR Group Inc | 0.46% |
| NRG Energy Inc | 0.43% |
| Atmos Energy Corp | 0.43% |
| Tapestry Inc | 0.40% |
| TechnipFMC PLC | 0.39% |
| Ciena Corp | 0.38% |
| Casey's General Stores Inc | 0.38% |
| Jabil Inc | 0.37% |
| Natera Inc | 0.37% |
| Expand Energy Corp | 0.37% |
| United Therapeutics Corp | 0.36% |
SourcePortfolio holdings as reported by the fund for 2026-03-31 · open the filing
Ballots it voted
Mattel, Inc. · 28 May 2025 · put on the ballot by shareholder · Climate & environment
Should Mattel 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 Small-Cap Index Fund voted with 8,219,615 shares
“Stockholder proposal to disclose plan to reduce total contribution to climate change.”

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 0001104659-25-083792 · series S000002845 · open the filing
The Wendy's Company · 21 May 2025 · put on the ballot by shareholder · Climate & environment
Should Wendy's 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 Small-Cap Index Fund voted with 4,310,987 shares
“Stockholder proposal regarding an emissions reduction assessment, if properly presented at the Annual Meeting.”

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 0001104659-25-083792 · series S000002845 · open the filing
The Wendy's Company · 21 May 2025 · put on the ballot by shareholder · Workforce & human rights
Should the workers in Wendy's’s supply chain be the ones who enforce its labour standards?
Shareholders asked the company to assess adopting a worker-driven model of social responsibility: standards written with the workers who are affected, enforced through binding agreements with consequences for suppliers, and monitored by workers themselves rather than by an audit firm the company hires.
AGAINST Vanguard Small-Cap Index Fund voted with 4,310,987 shares
“Stockholder proposal regarding worker-driven social responsibility, if properly presented at the Annual Meeting.”

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 0001104659-25-083792 · series S000002845 · open the filing
Warrior Met Coal, Inc. · 23 April 2025 · put on the ballot by shareholder · Workforce & human rights
Should an independent assessment check whether Warrior Met Coal 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 Small-Cap Index Fund voted with 1,335,602 shares
“STOCKHOLDER PROPOSAL: To adopt a resolution requesting an assessment of the Company's respect for the internationally recognized human rights of freedom of association and collective bargaining, if properly presented.”

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 0001104659-25-083792 · series S000002845 · open the filing
AutoNation, Inc. · 23 April 2025 · put on the ballot by shareholder · Pay equity & inclusion
Should AutoNation 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 Small-Cap Index Fund voted with 809,779 shares
“Adoption of stockholder proposal regarding diversity, equity, and inclusion efforts.”

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 0001104659-25-083792 · series S000002845 · open the filing
DraftKings Inc. · 19 May 2025 · put on the ballot by shareholder · Pay equity & inclusion
Should DraftKings disclose, or change, who sits on its board?
Shareholders asked the company to publish a board skills-and-diversity matrix, or to commit to a minimum representation of women among its directors.
AGAINST Vanguard Small-Cap Index Fund voted with 11,723,997 shares
“To consider a shareholder proposal regarding board matrix disclosure.”

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 0001104659-25-083792 · series S000002845 · open the filing
Aecom · 28 February 2025 · put on the ballot by shareholder · Executive pay
Should shareholders get a vote before Aecom 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 Small-Cap Index Fund voted with 3,372,947 shares
“Consider and act upon a stockholder proposal regarding the ratification of severance compensation, if properly presented.”

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 0001104659-25-083792 · series S000002845 · open the filing
Alaska Air Group, Inc. · 8 May 2025 · put on the ballot by shareholder · Executive pay
Should Alaska Air Group 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 Small-Cap Index Fund voted with 3,241,747 shares
“A stockholder proposal to amend the Company's clawback policy.”

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 0001104659-25-083792 · series S000002845 · open the filing
Other funds Vanguard Index Funds votes
The same filer reports these alongside this one, in the same annual filing.
Retirement plans that offer it
Vote these ballots yourself
See how you would have voted, then what this fund did — one card at a time. Open the ballot deck →