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Vanguard Strategic Equity Fund proxy voting record

Vanguard Horizon 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 Horizon Funds on 2025-08-27 · open the filing · vote table (ProxyVotingTable.xml, 4.8 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 476 votes.

IssueProposals facedBackedShare backed
Climate & environment1000%
Workers & human rights300%
Pay equity & inclusion200%
Executive pay400%
Corporate governance541324.1%
Other social issues800%

Ballots it voted

PulteGroup, Inc. · 30 April 2025 · put on the ballot by shareholder · Climate & environment

Should PulteGroup 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 Strategic Equity Fund voted with 334,431 shares

“Shareholder proposal on adoption of Paris-aligned emission reduction goals, 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 Horizon Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083501 · series S000002593 · 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 Strategic Equity Fund voted with 319,697 shares

“Stockholder proposal regarding an emissions reduction assessment, if properly presented at the Annual 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 Horizon Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083501 · series S000002593 · open the filing

SkyWest, Inc. · 6 May 2025 · 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 Strategic Equity Fund voted with 388,972 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 Horizon Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083501 · series S000002593 · 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 Strategic Equity Fund voted with 319,697 shares

“Stockholder proposal regarding worker-driven social responsibility, if properly presented at the Annual 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 Horizon Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083501 · series S000002593 · open the filing

Best Buy Co., Inc. · 13 June 2025 · put on the ballot by shareholder · Pay equity & inclusion

Should Best Buy 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 Strategic Equity Fund voted with 85,988 shares

“To vote on a shareholder proposal entitled "Publish a Report on the Company's LGBTQIA+ Inclusion Efforts in its Human Capital Management Strategy"”

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 Horizon Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083501 · series S000002593 · open the filing

Texas Roadhouse, Inc. · 15 May 2025 · put on the ballot by shareholder · Pay equity & inclusion

Should Texas Roadhouse publish the workforce breakdown it already files with the government?

Shareholders asked the company to publish its EEO-1 report — the table of employees by job category, race and sex that it is already required to submit to federal regulators — instead of keeping it confidential.

AGAINST  Vanguard Strategic Equity Fund voted with 10,198 shares

“An Advisory Vote on a Shareholder Proposal Regarding the Adoption of a Policy Requiring the Disclosure of Texas Roadhouse's Consolidated EEO-1 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 Horizon Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083501 · series S000002593 · open the filing

Edison International · 24 April 2025 · put on the ballot by shareholder · Executive pay

Should shareholders get a vote before Edison International 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 Strategic Equity Fund voted with 1,226,297 shares

“Shareholder Proposal Regarding Shareholder Approval of Certain Severance Pay Arrangements”

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 Horizon Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083501 · series S000002593 · open the filing

PulteGroup, Inc. · 30 April 2025 · put on the ballot by shareholder · Executive pay

Should PulteGroup 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 Strategic Equity Fund voted with 334,431 shares

“Shareholder proposal on amendment to clawback policy on unearned incentive pay, 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 Horizon Funds, Form N-PX filed 2025-08-27 · accession 0001104659-25-083501 · series S000002593 · open the filing

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