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Vanguard Windsor II Fund (VWNFX) 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 Windsor 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 Windsor Funds on 2026-08-27 · open the filing · vote table (proxytable.xml, 2.8 MB)
TickersVWNFX (Investor Shares), VWNAX (Admiral 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. Counted by this fund’s own filing alone, 1 of its 158 shareholder proposals would sit under a different issue, or under none. On management's own executive pay resolutions, this fund voted in favour 96.9% of the time across 131 votes.
| Issue | Proposals faced | Backed | Share backed |
|---|---|---|---|
| Climate & environment | 30 | 0 | 0% |
| Workers & human rights | 10 | 0 | 0% |
| Pay equity & inclusion | 3 | 0 | 0% |
| Executive pay | 6 | 2 | 33.3% |
| Corporate governance | 73 | 24 | 32.9% |
| Other social issues | 35 | 2 | 5.7% |
On 24 of the 2,540 ballot items in its filing, 3 of them shareholder proposals, part of this fund’s shares was cast a different way from the rest: 71,903,296 shares in all, 0.80% of the shares it voted. Every figure here counts the way most of its shares were cast.
Its filing lists 488 ballot items, 51 of them shareholder proposals, more than once, with different share counts (1,106 rows in all): parts of this fund’s shares were voted separately. Each such item is counted once here, with all of its shares, the way most of them were cast.
Ballots it voted
Wells Fargo & Company · 28 April 2026 · put on the ballot by shareholder · Climate & environment
Should Wells Fargo 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 Windsor II Fund voted with 9,619,374 shares
“Shareholder Proposal - Energy Supply Ratio.”
SourceVanguard Windsor Funds, Form N-PX filed 2026-08-27 · accession 0001104659-26-102169 · series S000004418 · open the filing
Wells Fargo & Company · 28 April 2026 · put on the ballot by shareholder · Climate & environment
Report on High-Carbon Financing Litigation Risks.
AGAINST Vanguard Windsor II Fund voted with 9,619,374 shares
“Shareholder Proposal - Report on High-Carbon Financing Litigation Risks.”
SourceVanguard Windsor Funds, Form N-PX filed 2026-08-27 · accession 0001104659-26-102169 · series S000004418 · open the filing
General Motors Company · 2 June 2026 · put on the ballot by shareholder · Workforce & human rights
Should General Motors 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 Windsor II Fund voted with 8,228,468 shares
“Shareholder Proposal Requesting a Report on Human Rights Standards for Indigenous Peoples”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceVanguard Windsor Funds, Form N-PX filed 2026-08-27 · accession 0001104659-26-102169 · series S000004418 · open the filing
Microsoft Corporation · 5 December 2025 · put on the ballot by shareholder · Workforce & human rights
Should Microsoft 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 Windsor II Fund voted with 5,695,882 shares
“Report on Data Operations in Human Rights Hotspots”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceVanguard Windsor Funds, Form N-PX filed 2026-08-27 · accession 0001104659-26-102169 · series S000004418 · open the filing
The Coca-Cola Company · 29 April 2026 · put on the ballot by shareholder · Pay equity & inclusion
Should Coca-Cola 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 Windsor II Fund voted with 3,992,000 shares
“Vote on a shareowner proposal requesting a report on the extent of the Company's diversity, equity and inclusion efforts”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceVanguard Windsor Funds, Form N-PX filed 2026-08-27 · accession 0001104659-26-102169 · series S000004418 · open the filing
Workday, Inc. · 16 June 2026 · put on the ballot by shareholder · Pay equity & inclusion
To consider and vote upon a stockholder proposal regarding disclosure of employee retention rates by demographic category.
AGAINST Vanguard Windsor II Fund voted with 6,227,957 shares
“To consider and vote upon a stockholder proposal regarding disclosure of employee retention rates by demographic category.”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceVanguard Windsor Funds, Form N-PX filed 2026-08-27 · accession 0001104659-26-102169 · series S000004418 · open the filing
Capital One Financial Corporation · 8 May 2026 · put on the ballot by shareholder · Executive pay
Should shareholders get a vote before Capital One Financial 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 Windsor II Fund voted with 3,923,024 shares
“Stockholder proposal to require a shareholder vote on golden parachute arrangements.”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceVanguard Windsor Funds, Form N-PX filed 2026-08-27 · accession 0001104659-26-102169 · series S000004418 · open the filing
Meta Platforms, Inc. · 27 May 2026 · put on the ballot by shareholder · Executive pay
Regarding annual vote regarding executive pay.
FOR Vanguard Windsor II Fund voted with 1,587,858 shares
“A shareholder proposal regarding annual vote regarding executive pay.”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceVanguard Windsor Funds, Form N-PX filed 2026-08-27 · accession 0001104659-26-102169 · series S000004418 · open the filing
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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 →