You Own Wall StreetFunds › Vanguard Value Index Fund

Vanguard 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, 3.8 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 98.9% of the time across 271 votes.

IssueProposals facedBackedShare backed
Climate & environment10200%
Workers & human rights1600%
Pay equity & inclusion1800%
Executive pay2500%
Corporate governance831518.1%
Other social issues2600%

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
Berkshire Hathaway Inc3.62%
JPMorgan Chase & Co3.03%
Exxon Mobil Corp2.90%
Johnson & Johnson2.41%
Walmart Inc2.23%
Chevron Corp1.61%
AbbVie Inc1.58%
Micron Technology Inc1.56%
Procter & Gamble Co/The1.38%
Caterpillar Inc1.35%
Home Depot Inc/The1.34%
Bank of America Corp1.23%

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

Ballots it voted

Bank of America Corporation · 22 April 2025 · put on the ballot by shareholder · Climate & environment

Should Bank of America say whether its lobbying matches the climate targets it announces?

Shareholders asked the company to report on whether its own lobbying — and the lobbying done by the trade associations it funds — is consistent with the climate goals it publishes.

AGAINST  Vanguard Value Index Fund voted with 57,576,539 shares

“Shareholder proposal request report on lobbying alignment with Bank of America's climate 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 0001104659-25-083475 · series S000002840 · open the filing

Bank of America Corporation · 22 April 2025 · put on the ballot by shareholder · Climate & environment

Should Bank of America disclose what it finances, not just what it emits?

Shareholders asked the company to disclose the emissions attached to its lending, underwriting or energy mix — the ratio of clean to fossil financing, or an assessment of its clients’ own transition plans — rather than reporting only the emissions of its own offices.

AGAINST  Vanguard Value Index Fund voted with 57,576,539 shares

“Shareholder proposal requesting disclosure of energy financing ratio”

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 0001104659-25-083475 · series S000002840 · open the filing

Walmart Inc. · 5 June 2025 · put on the ballot by shareholder · Workforce & human rights

Should Walmart explain how its board oversees the safety of the people who work for it?

Shareholders asked for a report on how health and safety is actually governed — who on the board is accountable, what the company measures, how injuries and fatalities are counted, and whether contractors and temporary workers are covered by the same standards as employees.

AGAINST  Vanguard Value Index Fund voted with 38,734,245 shares

“Health and Safety Governance”

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 0001104659-25-083475 · series S000002840 · open the filing

Merck & Co., Inc. · 27 May 2025 · put on the ballot by shareholder · Workforce & human rights

Should Merck & 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 Value Index Fund voted with 22,137,307 shares

“Shareholder proposal regarding a human rights impact assessment.”

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 0001104659-25-083475 · series S000002840 · open the filing

Walmart Inc. · 5 June 2025 · put on the ballot by shareholder · Pay equity & inclusion

Should an independent auditor examine how Walmart affects civil rights?

Shareholders asked the board to commission an independent, third-party audit of the company’s impact on civil rights and racial equity — its workforce, its customers and the communities it operates in — and to publish what the auditor finds.

AGAINST  Vanguard Value Index Fund voted with 38,734,245 shares

“Racial Equity Audit”

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 0001104659-25-083475 · series S000002840 · open the filing

The Procter & Gamble Company · 8 October 2024 · put on the ballot by shareholder · Pay equity & inclusion

Should Procter & Gamble publish the raw pay gap between its workers by gender and race?

Shareholders asked for “unadjusted” median pay gap figures — the plain difference between what women and men, and white and non-white employees, are paid across the whole company. Companies usually publish an adjusted number instead, which compares people in the same role and so cannot show whether one group is concentrated in the lower-paid roles.

AGAINST  Vanguard Value Index Fund voted with 19,478,537 shares

“Shareholder Proposal - Pay Gap 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 2025-08-27 · accession 0001104659-25-083475 · series S000002840 · open the filing

Pfizer Inc. · 24 April 2025 · put on the ballot by shareholder · Executive pay

Should shareholders get a vote before Pfizer 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 Value Index Fund voted with 48,906,721 shares

“Shareholder Vote Regarding 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 0001104659-25-083475 · series S000002840 · open the filing

Comcast Corporation · 18 June 2025 · put on the ballot by shareholder · Executive pay

Should the gap between Comcast’s top executive pay and its typical worker’s pay count for something?

Shareholders asked the company to disclose the ratio between its highest-paid executive and its median employee — and, in the versions filed as a “pay ratio factor”, to take that ratio into account when the board sets executive pay rather than treating it as a footnote.

AGAINST  Vanguard Value Index Fund voted with 33,042,797 shares

“Consider "CEO pay ratio factor" in executive compensation”

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 0001104659-25-083475 · series S000002840 · 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 Mid-Cap Value Index Fund98.7% 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 pay

Retirement plans that offer it

ServisFirst Bancshares 401(k)21 funds we can traceApplied Industrial Technologies 401(k)15 funds we can traceIndependent Bank 401(k)5 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 →