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Vanguard proxy voting record 2026

Three ballots Vanguard Institutional Index Fund voted this season. Vote first, then see what it did with the shares your savings paid for.

The question on the ballot

As filed

These are the 60 Vanguard funds we track: 54 in the 401(k) plans we index, held directly or inside another fund, and 6 widely held funds no plan we index offers. For each issue, the figure is how many shareholder proposals the fund backed out of those it voted on; exec pay is how often it backed management’s executive-pay resolutions. Every figure comes from the fund’s own annual SEC filing of its proxy votes, Form N-PX, linked from the fund’s page.

FundClimateWorkersPay equityExec pay backed
Vanguard Institutional Index Fund VINIX · Vanguard Institutional Index Funds 0 of 660 of 20 0 of 697.8%
Vanguard PRIMECAP Fund VPMCX · Vanguard Chester Funds 0 of 290 of 13 0 of 394.7%
Vanguard Total International Stock Index Fund VXUS · Vanguard Star Funds 0 of 950 of 10 0 of 483.1%
Vanguard Morningstar Mid-Cap Index Fund VO · Vanguard Index Funds 0 of 130 of 3 0 of 297.6%
Vanguard Morningstar Small-Cap Index Fund VB · Vanguard Index Funds 0 of 170 of 2 0 of 396.6%
Vanguard Target Retirement 2030 Fund VTHRX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Target Retirement 2040 Fund VFORX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Target Retirement 2050 Fund VFIFX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Target Retirement 2060 Fund VTTSX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Target Retirement Income Fund VTINX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Equity Income Fund VEIPX · Vanguard Fenway Funds 0 of 330 of 5 0 of 298.2%
Vanguard Target Retirement 2025 Fund VTTVX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Target Retirement 2035 Fund VTTHX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Target Retirement 2045 Fund VTIVX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Target Retirement 2055 Fund VFFVX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Target Retirement 2020 Fund VTWNX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Target Retirement 2065 Fund VLXVX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Extended Market Index Fund VXF · Vanguard Index Funds 0 of 120 of 3 0 of 396.4%
Vanguard Target Retirement 2070 Fund VSVNX · Vanguard Chester Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard 500 Index Fund VOO · Vanguard Index Funds 0 of 660 of 20 0 of 698.1%
Vanguard Explorer Fund VEXPX · Vanguard Explorer Fund 2 of 5— 0 of 294.3%
Vanguard Emerging Markets Stock Index Fund VWO · Vanguard International Equity Index Funds —— —41.7%
Vanguard International Growth Fund VWIGX · Vanguard World Fund 0 of 60 of 3 —91.4%
Vanguard Morningstar Value Index Fund VTV · Vanguard Index Funds 0 of 440 of 12 0 of 298.1%
Vanguard Morningstar Mid-Cap Value Index Fund VOE · Vanguard Index Funds 0 of 120 of 3 —98.6%
Vanguard Morningstar Small-Cap Value Index Fund VBR · Vanguard Index Funds 0 of 140 of 2 0 of 397.8%
Vanguard Windsor II Fund VWNFX · Vanguard Windsor Funds 0 of 300 of 10 0 of 396.9%
Vanguard Real Estate II Index Fund VRTPX · Vanguard Fixed Income Securities Funds 0 of 1— —95.6%
Vanguard Wellington Fund VWELX · Vanguard Wellington Fund 1 of 292 of 8 0 of 288.3%
Vanguard FTSE All-World ex-US Index Fund VEU · Vanguard International Equity Index Funds 0 of 850 of 10 0 of 386.3%
Vanguard Morningstar Growth Index Fund VUG · Vanguard Index Funds 0 of 180 of 9 0 of 394.2%
Vanguard Developed Markets Index Fund VEA · Vanguard Tax-Managed Funds 0 of 950 of 10 0 of 485.2%
Vanguard Morningstar Small-Cap Growth Index Fund VBK · Vanguard Index Funds 0 of 3— —94.6%
Vanguard FTSE Social Index Fund VFTNX · Vanguard World Fund 0 of 530 of 12 0 of 595.8%
Vanguard Morningstar Mid-Cap Growth Index Fund VOT · Vanguard Index Funds 0 of 1— 0 of 296.1%
Vanguard Morningstar Total Stock Market Index Fund VTI · Vanguard Index Funds 0 of 790 of 23 0 of 996.8%
Vanguard U.S. Growth Fund VWUSX · Vanguard World Fund 1 of 181 of 10 0 of 490.8%
Vanguard Growth and Income Fund VQNPX · Vanguard Quantitative Funds 2 of 550 of 20 2 of 788.7%
Vanguard International Value Fund VTRIX · Vanguard Trustees' Equity Fund 0 of 11— —90.5%
Vanguard LifeStrategy 60/40 Fund VSMGX · Vanguard Star Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Selected Value Fund VASVX · Vanguard Whitehall Funds 0 of 20 of 1 0 of 195.4%
Vanguard Strategic Equity Fund VSEQX · Vanguard Horizon Funds 0 of 70 of 2 0 of 297.5%
Vanguard Total World Stock Index Fund VT · Vanguard International Equity Index Funds 0 of 1720 of 31 0 of 1289.7%
Real Estate Index Portfolio Vanguard Variable Insurance Funds 0 of 1— —95.6%
Vanguard Dividend Growth Fund VDIGX · Vanguard Specialized Funds 1 of 210 of 8 0 of 295.1%
Vanguard European Stock Index Fund VGK · Vanguard International Equity Index Funds 0 of 140 of 4 —80.8%
Vanguard Health Care Fund VGHCX · Vanguard Specialized Funds 0 of 2— —96.6%
Vanguard High Dividend Yield Index Fund VYM · Vanguard Whitehall Funds 0 of 480 of 6 0 of 397.6%
Vanguard LifeStrategy 20/80 Fund VASIX · Vanguard Star Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard LifeStrategy 40/60 Fund VSCGX · Vanguard Star Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard LifeStrategy 80/20 Fund VASGX · Vanguard Star Funds · record folded from the funds it holds 0 of 1740 of 33 0 of 1391.5%
Vanguard Morningstar Mega Cap Index Fund MGC · Vanguard World Fund 0 of 490 of 18 0 of 395.7%
Vanguard S&P Mid-Cap 400 Index Fund IVOO · Vanguard Admiral Funds 0 of 100 of 1 0 of 298.2%
Vanguard Consumer Staples Index Fund VDC · Vanguard World Fund · widely held, on no plan we index 0 of 180 of 4 0 of 293.6%
Vanguard Dividend Appreciation Index Fund VIG · Vanguard Specialized Funds · widely held, on no plan we index 0 of 300 of 6 0 of 298.8%
Vanguard Health Care Index Fund VHT · Vanguard World Fund · widely held, on no plan we index 0 of 3— 0 of 195.5%
Vanguard Information Technology Index Fund VGT · Vanguard World Fund · widely held, on no plan we index 0 of 70 of 8 0 of 296%
Vanguard Morningstar Mega Cap Growth Index Fund MGK · Vanguard World Fund · widely held, on no plan we index 0 of 150 of 8 0 of 191.5%
Vanguard Real Estate Index Fund VNQ · Vanguard Specialized Funds · widely held, on no plan we index 0 of 1— —95.6%
Vanguard S&P 500 Growth Index Fund VOOG · Vanguard Admiral Funds 0 of 230 of 10 0 of 296.7%

Filed asVanguard’s funds file their votes under 19 legal names: Vanguard Admiral Funds, Vanguard Chester Funds, Vanguard Explorer Fund, Vanguard Fenway Funds, Vanguard Fixed Income Securities Funds, Vanguard Horizon Funds, Vanguard Index Funds, Vanguard Institutional Index Funds, Vanguard International Equity Index Funds, Vanguard Quantitative Funds, Vanguard Specialized Funds, Vanguard Star Funds, Vanguard Tax-Managed Funds, Vanguard Trustees' Equity Fund, Vanguard Variable Insurance Funds, Vanguard Wellington Fund, Vanguard Whitehall Funds, Vanguard Windsor Funds, Vanguard World Fund

Vanguard Investor Choice, in the filings

Under Vanguard Investor Choice, investors in some Vanguard index funds can pick a voting policy for their share of a fund’s votes. In the fund’s own filing that shows up as extra rows: beside the fund’s vote on a ballot item, smaller blocks of shares voted the way those investors’ policies said. 20 of the 31 Vanguard index funds on this site list such blocks in their 2026 filings.

In Vanguard 500 Index Fund’s filing they are 21,389 of its 28,715 vote rows, yet only 0.55% of the shares it voted, and on at least 1,738 ballot items some of those shares were cast a different way from the fund. At NVIDIA Corporation’s meeting on 24 June 2026, on “Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting provisions in our charter and bylaws with a simple majority voting standard.”, the fund voted FOR with 622,526,355 shares; the separately voted blocks were AGAINST 2,690,511, FOR 2,206,470, FOR 1,125,237, 75,434 split ABSTAIN 260 / FOR 64,844 / AGAINST 10,330. Open the filing.

Every figure on this site counts the fund’s own vote only.

FundVote rows filedSeparately voted blocksShare of the shares votedItems where some shares differed
Vanguard Extended Market Index Fund 108,57676,986 1.02%5,802+
Vanguard High Dividend Yield Index Fund 36,35728,353 1.64%2,028+
Vanguard 500 Index Fund 28,71521,389 0.55%1,738+
Vanguard Institutional Index Fund 27,94420,670 0.076%1,373+
Vanguard Dividend Appreciation Index Fund 19,87815,483 1.70%1,153+
Vanguard Morningstar Value Index Fund 19,87714,930 0.60%1,281+
Vanguard Morningstar Mid-Cap Index Fund 17,91713,817 0.65%1,060+
Vanguard S&P Mid-Cap 400 Index Fund 18,06513,486 0.40%655+
Vanguard Health Care Index Fund 15,21611,439 0.95%887+
Vanguard Morningstar Mega Cap Index Fund 12,6049,849 1.31%667+
Vanguard Information Technology Index Fund 10,8147,599 0.54%665+
Vanguard S&P 500 Growth Index Fund 9,4527,361 1.21%534+
Vanguard Morningstar Growth Index Fund 9,0207,046 0.76%598+
Vanguard Consumer Staples Index Fund 3,8692,630 0.81%182+
Vanguard Emerging Markets Stock Index Fund 90,940162 0.12%0+
Vanguard Total World Stock Index Fund 150,738138 0.060%2+
Vanguard Total International Stock Index Fund 138,735135 0.091%2+
Vanguard FTSE All-World ex-US Index Fund 63,42153 0.086%0+
Vanguard Developed Markets Index Fund 51,0127 0.000%2+
Vanguard European Stock Index Fund 24,6377 0.000%0+