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MORGAN STANLEY 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 04 October 2026.

42Reported items
1,374Asset managers
23,705Fund votes
2025-05-15Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore MORGAN STANLEY in the interactive database Compare manager voting policies

How asset managers voted at the MORGAN STANLEY 2024-2025 meeting

Each item below shows how the 1,374 asset managers that disclosed a MORGAN STANLEY vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of MORGAN STANLEY’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. To approve the compensation of executives as disclosed in the proxy statement (non-binding advisory vote)

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 14 wordings of this item as funds reported it.

95% fund support · no official result

FOR 95%

The 1,240 asset managers below cast 95% of the shares they voted on this item FOR (856,197,971 for, 41,808,247 against).

FOR: 856,197,971 (95.2%)AGAINST: 41,808,247 (4.6%)ABSTAIN: 1,174,982 (0.1%)WITHHELD: 114,172 (0.0%)NOT VOTED: 55,449 (0.0%)NO VOTE: 14 (0.0%)

Largest asset managers voting on “To approve the compensation of executives as disclosed in the proxy statement (non-binding advisory vote)” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	128,055,456	39	3	For
BlackRock	74,552,119	1,927	0	For
Capital Group	72,898,287	0	0	For
Fidelity	61,923,006	0	0	For
State Street	47,396,403	0	0	For
GEODE CAPITAL MANAGEMENT, LLC	26,421,571	0	0	For
T. Rowe Price	21,693,500	19,876	0	For
Fisher Asset Management, LLC	20,246,212	0	0	For
Capital Research Global Investors	20,038,324	0	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	18,695,704	0	0	For
Wellington	18,643,189	0	0	For
Charles Schwab	18,539,599	0	0	For
UBS	13,241,087	664,227	0	For
Invesco	12,042,722	0	0	For
Northern Trust	11,995,957	0	0	For
MFS	11,771,508	0	0	For
John Hancock	11,743,592	0	0	For
Legal & General Investment Management Ltd	125,282	11,522,148	0	Against
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
JPMorgan	8,254,810	0	0	For
Columbia Threadneedle	7,074,762	233,668	0	For
Dimensional	7,273,863	0	0	For
Nuveen	6,536,936	0	0	For
BANK OF AMERICA NA	6,335,601	0	0	For
TIAA	6,025,690	0	0	For

Showing the 25 largest of 1,240 asset managers. See all 1,240 in the interactive database.

2. To approve the Amended and Restated Equity Incentive Compensation Plan

CAPITAL STRUCTURE

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

87% fund support · no official result

FOR 87%13%

The 240 asset managers below cast 87% of the shares they voted on this item FOR (320,037,311 for, 49,655,726 against).

FOR: 320,037,311 (86.5%)AGAINST: 49,655,726 (13.4%)ABSTAIN: 105,266 (0.0%)UNKNOWN: 4,550 (0.0%)

Largest asset managers voting on “To approve the Amended and Restated Equity Incentive Compensation Plan” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,137,369	60,698	2	For
Capital Group	34,736,429	5,321,715	0	For
Fidelity	39,452,882	525,900	0	For
BlackRock	33,730,445	34,827	0	For
State Street	1,899	13,111,329	0	Against
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	0	7,063,912	0	Against
JPMorgan	6,758,587	104,737	0	For
Dimensional	0	6,310,145	0	Against
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	272,893	4,740,900	0	Against
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,628,043	78,555	0	For
Virtus	1,242,970	380,378	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,203,424	41,700	0	For

Showing the 25 largest of 240 asset managers. See all 240 in the interactive database.

3. Election of Directors: Dennis M. Nally

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 8 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 221 asset managers below cast 99.6% of the shares they voted on this item FOR (369,304,209 for, 1,153,169 against).

FOR: 369,304,209 (99.7%)AGAINST: 1,153,169 (0.3%)ABSTAIN: 104,154 (0.0%)UNKNOWN: 4,550 (0.0%)

Largest asset managers voting on “Election of Directors: Dennis M. Nally” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,050	18	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,111,157	2,071	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,758,587	104,737	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	1,623,348	0	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	289,583	955,541	0	Against

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

4. Election of Directors: Douglas L. Peterson

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 9 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 221 asset managers below cast 99.9% of the shares they voted on this item FOR (370,404,615 for, 32,845 against).

FOR: 370,404,615 (100.0%)AGAINST: 32,845 (0.0%)ABSTAIN: 128,622 (0.0%)

Largest asset managers voting on “Election of Directors: Douglas L. Peterson” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,065	3	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,113,228	0	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,863,324	0	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	1,623,348	0	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,245,124	0	0	For

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

5. Election of Directors: Edward Pick

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 7 wordings of this item as funds reported it.

99.5% fund support · no official result

FOR 99.5%

The 221 asset managers below cast 99.5% of the shares they voted on this item FOR (368,932,405 for, 1,519,982 against).

FOR: 368,932,405 (99.6%)AGAINST: 1,519,982 (0.4%)ABSTAIN: 104,127 (0.0%)UNKNOWN: 4,550 (0.0%)

Largest asset managers voting on “Election of Directors: Edward Pick” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,024	44	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,111,067	2,161	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,758,587	104,737	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	380,378	1,242,970	0	Against
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,245,124	0	0	For

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

6. Election of Directors: Erika H. James

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 7 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 221 asset managers below cast 99.6% of the shares they voted on this item FOR (369,210,726 for, 1,241,562 against).

FOR: 369,210,726 (99.6%)AGAINST: 1,241,562 (0.3%)ABSTAIN: 104,225 (0.0%)UNKNOWN: 4,550 (0.0%)

Largest asset managers voting on “Election of Directors: Erika H. James” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,056	12	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,111,157	2,071	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,758,587	104,737	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	1,623,348	0	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	289,583	955,541	0	Against

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

7. Election of Directors: Hironori Kamezawa

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 8 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 221 asset managers below cast 99.7% of the shares they voted on this item FOR (369,491,004 for, 946,454 against).

FOR: 369,491,004 (99.7%)AGAINST: 946,454 (0.3%)ABSTAIN: 128,624 (0.0%)

Largest asset managers voting on “Election of Directors: Hironori Kamezawa” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,061	7	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,113,139	89	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,863,324	0	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	1,623,348	0	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,245,124	0	0	For

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

8. Election of Directors: Mary L. Schapiro

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 10 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 221 asset managers below cast 99.9% of the shares they voted on this item FOR (370,286,741 for, 175,122 against).

FOR: 370,286,741 (99.9%)AGAINST: 175,122 (0.0%)ABSTAIN: 104,220 (0.0%)

Largest asset managers voting on “Election of Directors: Mary L. Schapiro” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,059	9	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,113,228	0	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,863,324	0	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	1,623,348	0	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,245,124	0	0	For

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

9. Election of Directors: Masato Miyachi

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 7 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 221 asset managers below cast 99.7% of the shares they voted on this item FOR (369,515,334 for, 946,605 against).

FOR: 369,515,334 (99.7%)AGAINST: 946,605 (0.3%)ABSTAIN: 104,143 (0.0%)

Largest asset managers voting on “Election of Directors: Masato Miyachi” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,061	7	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,113,139	89	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,863,324	0	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	1,623,348	0	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,245,124	0	0	For

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

10. Election of Directors: Megan Butler

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 7 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 221 asset managers below cast 99.9% of the shares they voted on this item FOR (370,424,185 for, 32,684 against).

FOR: 370,424,185 (100.0%)AGAINST: 32,684 (0.0%)ABSTAIN: 104,194 (0.0%)

Largest asset managers voting on “Election of Directors: Megan Butler” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,066	2	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,113,228	0	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,863,324	0	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	1,623,348	0	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,245,124	0	0	For

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

11. Election of Directors: Perry M. Traquina

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 9 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 221 asset managers below cast 99.9% of the shares they voted on this item FOR (370,377,709 for, 59,748 against).

FOR: 370,377,709 (99.9%)AGAINST: 59,748 (0.0%)ABSTAIN: 128,625 (0.0%)

Largest asset managers voting on “Election of Directors: Perry M. Traquina” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,065	3	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,113,228	0	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,863,324	0	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	1,623,348	0	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,245,124	0	0	For

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

12. Election of Directors: Rayford Wilkins, Jr.

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 8 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 221 asset managers below cast 98% of the shares they voted on this item FOR (362,095,635 for, 8,361,746 against).

FOR: 362,095,635 (97.7%)AGAINST: 8,361,746 (2.3%)ABSTAIN: 104,152 (0.0%)UNKNOWN: 4,550 (0.0%)

Largest asset managers voting on “Election of Directors: Rayford Wilkins, Jr.” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,150,473	47,595	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,750,014	15,258	0	For
State Street	13,110,931	2,297	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,758,587	104,737	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,072,083	1,848	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	0	3,770,000	0	Against
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	1,623,348	0	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	289,583	955,541	0	Against

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

13. Election of Directors: Robert H. Herz

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 7 wordings of this item as funds reported it.

99.5% fund support · no official result

FOR 99.5%

The 221 asset managers below cast 99.5% of the shares they voted on this item FOR (368,787,022 for, 1,640,863 against).

FOR: 368,787,022 (99.5%)AGAINST: 1,640,863 (0.4%)ABSTAIN: 128,629 (0.0%)UNKNOWN: 4,550 (0.0%)

Largest asset managers voting on “Election of Directors: Robert H. Herz” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,180,279	17,789	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,110,931	2,297	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,758,587	104,737	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	380,378	1,242,970	0	Against
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,245,124	0	0	For

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

14. Election of Directors: Shelley B. Leibowitz

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 9 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 221 asset managers below cast 99.9% of the shares they voted on this item FOR (370,429,256 for, 32,685 against).

FOR: 370,429,256 (100.0%)AGAINST: 32,685 (0.0%)ABSTAIN: 104,141 (0.0%)

Largest asset managers voting on “Election of Directors: Shelley B. Leibowitz” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,066	2	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,113,228	0	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,863,324	0	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	1,623,348	0	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,245,124	0	0	For

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

15. Election of Directors: Thomas H. Glocer

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 9 wordings of this item as funds reported it.

99.3% fund support · no official result

FOR 99.2%

The 221 asset managers below cast 99.3% of the shares they voted on this item FOR (367,963,251 for, 2,494,132 against).

FOR: 367,963,251 (99.3%)AGAINST: 2,494,132 (0.7%)ABSTAIN: 104,148 (0.0%)UNKNOWN: 4,550 (0.0%)

Largest asset managers voting on “Election of Directors: Thomas H. Glocer” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,046	22	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,110,931	2,297	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,758,587	104,737	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	380,378	1,242,970	0	Against
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	289,583	955,541	0	Against

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

16. Election of Directors: Jami Miscik

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 218 asset managers below cast 99.9% of the shares they voted on this item FOR (369,976,646 for, 60,067 against).

FOR: 369,976,646 (100.0%)AGAINST: 60,067 (0.0%)ABSTAIN: 104,137 (0.0%)

Largest asset managers voting on “Election of Directors: Jami Miscik” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,198,063	5	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,978,782	0	0	For
BlackRock	33,765,272	0	0	For
State Street	13,113,228	0	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,863,324	0	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	1,623,348	0	0	For
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,245,124	0	0	For

Showing the 25 largest of 218 asset managers. See all 218 in the interactive database.

17. To ratify the appointment of Deloitte & Touche LLP as independent auditor

AUDIT-RELATED

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.5% fund support · no official result

FOR 99.4%

The 215 asset managers below cast 99.5% of the shares they voted on this item FOR (367,797,071 for, 1,766,828 against).

FOR: 367,797,071 (99.5%)AGAINST: 1,766,828 (0.5%)ABSTAIN: 104,099 (0.0%)UNKNOWN: 4,550 (0.0%)

Largest asset managers voting on “To ratify the appointment of Deloitte & Touche LLP as independent auditor” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	120,180,264	17,804	1	For
Capital Group	40,058,144	0	0	For
Fidelity	39,976,664	2,118	0	For
BlackRock	33,765,272	0	0	For
State Street	13,110,931	2,297	0	For
MFS	11,771,508	0	0	For
INVESTMENT CO OF AMERICA	9,299,736	0	0	For
Charles Schwab	7,731,241	0	0	For
T. Rowe Price	7,471,697	0	0	For
Columbia Threadneedle	7,063,912	0	0	For
JPMorgan	6,758,587	104,737	0	For
Dimensional	6,310,145	0	0	For
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	5,013,793	0	0	For
Invesco	4,109,719	0	0	For
FRANKLIN MANAGED TRUST	3,770,000	0	0	For
JANUS INVESTMENT FUND	2,904,319	0	0	For
AMCAP FUND	2,045,032	0	0	For
MASTER INVESTMENT PORTFOLIO	1,948,842	0	0	For
Lord Abbett	1,864,314	0	0	For
Jackson National	1,706,598	0	0	For
Virtus	380,378	1,242,970	0	Against
Federated Hermes	1,312,783	0	0	For
Prudential/PGIM	1,245,124	0	0	For

Showing the 25 largest of 215 asset managers. See all 215 in the interactive database.

18. Shareholder proposal requesting an energy supply ratio

ENVIRONMENT OR CLIMATE

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

8% fund support · no official result

8%AGAINST 92%

The 214 asset managers below cast 8% of the shares they voted on this item FOR (29,315,517 for, 339,180,937 against).

FOR: 29,315,517 (7.9%)AGAINST: 339,180,937 (91.8%)ABSTAIN: 1,160,376 (0.3%)NOT VOTED: 10,700 (0.0%)

Largest asset managers voting on “Shareholder proposal requesting an energy supply ratio” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	12,272,790	107,925,271	8	Against
Capital Group	0	40,058,144	0	Against
Fidelity	20,658	39,958,124	0	Against
BlackRock	683,146	33,082,126	0	Against
State Street	4,472	13,108,756	0	Against
MFS	0	11,771,508	0	Against
INVESTMENT CO OF AMERICA	0	9,299,736	0	Against
Charles Schwab	0	7,731,241	0	Against
T. Rowe Price	0	7,471,697	0	Against
Columbia Threadneedle	0	7,063,912	0	Against
JPMorgan	104,737	6,758,587	0	Against
Dimensional	274,100	6,036,045	0	Against
TIAA	5,983,817	0	0	For
Hartford	5,073,931	0	0	For
John Hancock	23,309	4,990,484	0	Against
Invesco	0	4,109,719	0	Against
FRANKLIN MANAGED TRUST	0	3,770,000	0	Against
JANUS INVESTMENT FUND	0	2,904,319	0	Against
AMCAP FUND	0	2,045,032	0	Against
MASTER INVESTMENT PORTFOLIO	0	1,948,842	0	Against
Lord Abbett	0	1,864,314	0	Against
Jackson National	404,275	1,302,323	0	Against
Virtus	1,245,070	378,278	0	For
Federated Hermes	0	1,312,783	0	Against
Prudential/PGIM	0	1,245,124	0	Against

Showing the 25 largest of 214 asset managers. See all 214 in the interactive database.

19. Advisory Vote to Ratify Named Executive Officers' Compensation

COMPENSATION

Meeting held 2025-05-15; no official results are on file for this meeting.

84% fund support · no official result

FOR 84%AGAINST 16%

The 51 asset managers below cast 84% of the shares they voted on this item FOR (30,198,953 for, 5,831,746 against).

FOR: 30,198,953 (83.8%)AGAINST: 5,831,746 (16.2%)ABSTAIN: 161 (0.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
JPMorgan	22,939,495	0	0	For
APG Asset Management US Inc.	0	3,021,458	0	Against
FAYEZ SAROFIM & CO	1,609,931	0	0	For
Rokos Capital Management LLP	1,303,618	0	0	For
ADAGE CAPITAL PARTNERS GP, L.L.C.	1,082,834	0	0	For
NORDEA INVESTMENT MANAGEMENT AB	0	909,910	0	Against
STOREBRAND ASSET MANAGEMENT AS	788,221	0	0	For
Swiss Life Asset Management Ltd	728,944	0	0	For
TD ASSET MANAGEMENT INC	542,591	0	0	For
OSSIAM	0	517,795	0	Against
Desjardins Global Asset Management Inc.	0	486,091	0	Against
Cardano Risk Management B.V.	0	419,366	0	Against
BEACON INVESTMENT ADVISORY SERVICES, INC.	285,531	0	0	For
TD Waterhouse Canada Inc.	257,430	0	0	For
GROUPAMA ASSET MANAGMENT	0	235,930	0	Against
Sarasin & Partners LLP	0	214,473	0	Against
GuideStone	191,635	0	0	For
Empower	174,006	0	0	For
HC CAPITAL TRUST	48,453	3,018	161	For
Brighthouse	43,948	0	0	For
Hosking Partners LLP	43,648	0	0	For
Vinva Investment Management Ltd	37,206	0	0	For
Metzler Asset Management GmbH	24,741	0	0	For
iA Global Asset Management Inc.	24,256	0	0	For
Wilshire Advisors LLC	19,597	0	0	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

20. Section 14a Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-15; no official results are on file for this meeting.

98% fund support · no official result

FOR 96%

The 26 asset managers below cast 98% of the shares they voted on this item FOR (656,907 for, 16,217 against).

FOR: 656,907 (96.1%)AGAINST: 16,217 (2.4%)NOT VOTED: 10,440 (1.5%)

Largest asset managers voting on “Section 14a Executive Compensation” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Vote
ADVISORS' INNER CIRCLE FUND	525,051	0	For
OLD SECOND NATIONAL BANK OF AURORA	54,128	0	For
River Street Advisors LLC	20,082	0	For
Interval Partners, LP	17,420	0	For
Focus Partners Wealth	9,582	6,633	For
EAGLE GLOBAL ADVISORS LLC	10,440	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	Not Voted
COURIER CAPITAL LLC	10,003	0	For
WILLIAMSBURG INVESTMENT TRUST	0	9,565	Against
Blue Fin Capital, Inc.	2,965	0	For
Baker Avenue Asset Management, LP	2,413	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	1,232	0	For
Ballew Advisors, Inc	900	0	For
Wallington Asset Management, LLC	530	0	For
Claret Asset Management Corp	454	0	For
IMA Advisory Services, Inc.	388	0	For
Moisand Fitzgerald Tamayo, LLC	377	0	For
ESL Trust Services, LLC	360	0	For
MATTERN CAPITAL MANAGEMENT, LLC	300	0	For
WESPAC Advisors SoCal, LLC	175	0	For
MQS Management LLC	55	0	For
PEDDOCK CAPITAL ADVISORS, LLC	22	0	For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV	0	19	Against
Inlet Private Wealth, LLC	15	0	For
VOISARD ASSET MANAGEMENT GROUP, INC.	15	0	For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

21. Amend Omnibus Stock Plan

COMPENSATION

Meeting held 2025-05-15; no official results are on file for this meeting.

17% fund support · no official result

FOR 17%AGAINST 83%

The 11 asset managers below cast 17% of the shares they voted on this item FOR (82,889 for, 416,931 against).

FOR: 82,889 (16.6%)AGAINST: 416,931 (83.4%)ABSTAIN: 72 (0.0%)

Largest asset managers voting on “Amend Omnibus Stock Plan” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
GuideStone	0	191,635	0	Against
Empower	2,926	171,080	0	Against
HC CAPITAL TRUST	35,647	15,913	72	For
Brighthouse	43,948	0	0	For
iA Global Asset Management Inc.	0	24,256	0	Against
Northern Lights Fund Trust	0	10,480	0	Against
NORTHERN LIGHTS FUND TRUST III	0	1,418	0	Against
Northern Lights Variable Trust	0	1,280	0	Against
Close Asset Management Ltd	0	783	0	Against
Canopy Partners, LLC	368	0	0	For
UNIFIED SERIES TRUST	0	86	0	Against

22. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

56% fund support · no official result

FOR 56%AGAINST 44%

The 10 asset managers below cast 56% of the shares they voted on this item FOR (538,742 for, 419,366 against).

FOR: 538,742 (56.2%)AGAINST: 419,366 (43.8%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Vote
ADVISORS' INNER CIRCLE FUND	525,051	0	For
Cardano Risk Management B.V.	0	419,366	Against
WILLIAMSBURG INVESTMENT TRUST	9,565	0	For
NORTHERN LIGHTS FUND TRUST III	1,418	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	1,232	0	For
Northern Lights Fund Trust IV	631	0	For
ESL Trust Services, LLC	360	0	For
MARCO INVESTMENT MANAGEMENT LLC	254	0	For
PACE SELECT ADVISORS TRUST	216	0	For
VOISARD ASSET MANAGEMENT GROUP, INC.	15	0	For

23. Amendment to the Equity Incentive Compensation Plan

COMPENSATION

Meeting held 2025-05-15; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 8 asset managers below cast 100% of the shares they voted on this item FOR (2,582,627 for, 0 against).

FOR: 2,582,627 (100.0%)

Largest asset managers voting on “Amendment to the Equity Incentive Compensation Plan” at MORGAN STANLEY, 2024-2025
Asset manager	For	Vote
FAYEZ SAROFIM & CO	1,609,931	For
OSSIAM	517,795	For
Cardano Risk Management B.V.	419,366	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	17,134	For
Union Investment Institutional GmbH	10,708	For
Union Investment Privatfonds GmbH	6,846	For
Northern Lights Fund Trust IV	631	For
PACE SELECT ADVISORS TRUST	216	For

24. To approve the compensation of executives as disclosed in the proxy statement (non-binding advisory vote)

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2024-05-23; no official results on file for that date (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

14% fund support · no official result

14%AGAINST 86%

The 8 asset managers below cast 14% of the shares they voted on this item FOR (8,013 for, 49,883 against).

FOR: 8,013 (13.8%)AGAINST: 49,883 (86.2%)

Largest asset managers voting on “To approve the compensation of executives as disclosed in the proxy statement (non-binding advisory vote)” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Vote
COLDSTREAM CAPITAL MANAGEMENT INC	0	46,416	Against
Americana Partners, LLC	5,064	0	For
Ipswich Investment Management Co., Inc.	2,849	0	For
Knuff & Co LLC	0	1,370	Against
DIVIDEND ASSETS CAPITAL, LLC	0	1,366	Against
VAUGHAN DAVID INVESTMENTS LLC/IL	0	731	Against
Sky Investment Group LLC	100	0	For
Echo45 Advisors LLC	0	0	--

25. Ratify Deloitte & Touche LLP as Auditors

AUDIT-RELATED

Meeting held 2025-05-15; no official results are on file for this meeting.

99.4% fund support · no official result

FOR 99.4%

The 7 asset managers below cast 99.4% of the shares they voted on this item FOR (470,463 for, 2,601 against).

FOR: 470,463 (99.4%)AGAINST: 2,601 (0.5%)ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Ratify Deloitte & Touche LLP as Auditors” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
GuideStone	191,635	0	0	For
Empower	174,006	0	0	For
HC CAPITAL TRUST	49,028	2,601	3	For
Brighthouse	43,948	0	0	For
Northern Lights Fund Trust	10,480	0	0	For
Northern Lights Variable Trust	1,280	0	0	For
UNIFIED SERIES TRUST	86	0	0	For

26. Report Annually on Energy Supply Ratio

OTHER

Meeting held 2025-05-15; no official results are on file for this meeting.

2% fund support · no official result

AGAINST 98%

The 7 asset managers below cast 2% of the shares they voted on this item FOR (9,562 for, 463,146 against).

FOR: 9,562 (2.0%)AGAINST: 463,146 (97.9%)ABSTAIN: 359 (0.1%)

Largest asset managers voting on “Report Annually on Energy Supply Ratio” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Vote
GuideStone	0	191,635	0	Against
Empower	0	174,006	0	Against
HC CAPITAL TRUST	9,505	41,768	359	Against
Brighthouse	0	43,948	0	Against
Northern Lights Fund Trust	0	10,480	0	Against
Northern Lights Variable Trust	0	1,280	0	Against
UNIFIED SERIES TRUST	57	29	0	For

27. Amend Incentive Stock Option Plan

OTHER

Meeting held 2025-05-15; no official results are on file for this meeting.

100% fund support · no official result

FOR 96%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (526,658 for, 0 against).

FOR: 526,658 (96.3%)ABSTAIN: 9,565 (1.7%)A: 10,440 (1.9%)

Largest asset managers voting on “Amend Incentive Stock Option Plan” at MORGAN STANLEY, 2024-2025
Asset manager	For	Abstain	Vote
ADVISORS' INNER CIRCLE FUND	525,051	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	A
WILLIAMSBURG INVESTMENT TRUST	0	9,565	Abstain
HARBOUR INVESTMENT MANAGEMENT LLC	1,232	0	For
ESL Trust Services, LLC	360	0	For
VOISARD ASSET MANAGEMENT GROUP, INC.	15	0	For

28. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 5 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%

Largest asset managers voting on “Election of Directors (Majority Voting)” at MORGAN STANLEY, 2024-2025
Asset manager	For	Vote
ADVISORS' INNER CIRCLE FUND	525,051	For
HARBOUR INVESTMENT MANAGEMENT LLC	17,248	For
WILLIAMSBURG INVESTMENT TRUST	9,565	For
ESL Trust Services, LLC	360	For
VOISARD ASSET MANAGEMENT GROUP, INC.	15	For

29. S/H Proposal - Environmental

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-05-15; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 99.7%

The 5 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 525,676 against).

AGAINST: 525,676 (99.8%)NOT VOTED: 1,232 (0.2%)

Largest asset managers voting on “S/H Proposal - Environmental” at MORGAN STANLEY, 2024-2025
Asset manager	Against	Vote
ADVISORS' INNER CIRCLE FUND	525,051	Against
HARBOUR INVESTMENT MANAGEMENT LLC	0	Not Voted
ESL Trust Services, LLC	360	Against
WILLIAMSBURG INVESTMENT TRUST	250	Against
VOISARD ASSET MANAGEMENT GROUP, INC.	15	Against

30. Advisory Vote to Approve Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

96% fund support · no official result

FOR 96%

The 4 asset managers below cast 96% of the shares they voted on this item FOR (2,742 for, 119 against).

FOR: 2,742 (95.8%)AGAINST: 119 (4.2%)

Largest asset managers voting on “Advisory Vote to Approve Executive Compensation” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Vote
NTV ASSET MANAGEMENT LLC	1,692	0	For
Cannon Financial Strategists, Inc.	933	0	For
Garner Asset Management Corp	0	119	Against
Parisi Gray Wealth Management	117	0	For

31. SECTION 14A SAY-ON-PAY VOTES

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-15; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (542 for, 0 against).

FOR: 542 (100.0%)

Largest asset managers voting on “SECTION 14A SAY-ON-PAY VOTES” at MORGAN STANLEY, 2024-2025
Asset manager	For	Vote
SWEENEY & MICHEL, LLC	309	For
Pinnacle Family Advisors, LLC	233	For
Lido Advisors, LLC	0	--

32. Elect Judith A. Miscik

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (420,213 for, 0 against).

FOR: 420,213 (100.0%)

Largest asset managers voting on “Elect Judith A. Miscik” at MORGAN STANLEY, 2024-2025
Asset manager	For	Vote
Cardano Risk Management B.V.	419,366	For
Northern Lights Fund Trust IV	631	For
PACE SELECT ADVISORS TRUST	216	For

33. Shareholder Proposal Regarding Energy Supply Ratio

ENVIRONMENT OR CLIMATE

Meeting held 2025-05-15; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (420,213 for, 0 against).

FOR: 420,213 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Energy Supply Ratio” at MORGAN STANLEY, 2024-2025
Asset manager	For	Vote
Cardano Risk Management B.V.	419,366	For
Northern Lights Fund Trust IV	631	For
PACE SELECT ADVISORS TRUST	216	For

34. ADVISORY APPROVAL OF EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-15; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (15,339 for, 0 against).

FOR: 15,339 (100.0%)

Largest asset managers voting on “ADVISORY APPROVAL OF EXECUTIVE COMPENSATION” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Schear Investment Advisers, LLC	15,339	0	0	0	For
FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC	0	0	0	0	--

35. COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-15; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,863 for, 0 against).

FOR: 1,863 (100.0%)

Largest asset managers voting on “COMPENSATION” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Capital Group	950	0	0	0	For
Members Trust Co	913	0	0	0	For

36. Company Proposal to Approve the Compensation of Executives as Disclosed in the Proxy Statement (Non-Binding Advisory Vote)

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-15; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (377,085,167 for, 0 against).

FOR: 377,085,167 (100.0%)

Largest asset managers voting on “Company Proposal to Approve the Compensation of Executives as Disclosed in the Proxy Statement (Non-Binding Ad” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
MITSUBISHI UFJ FINANCIAL GROUP INC	377,085,167	0	0	0	For
IPConcept (Luxemburg) S.A.	0	0	0	0	--

37. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-05-15; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,813 for, 0 against).

FOR: 1,813 (100.0%)

Largest asset managers voting on “Director Elections” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Members Trust Co	913	0	0	0	For
Ballew Advisors, Inc	900	0	0	0	For

38. Executive Salary

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-15; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (4,703 for, 0 against).

FOR: 4,703 (100.0%)

Largest asset managers voting on “Executive Salary” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Bell & Brown Wealth Advisors, LLC	4,500	0	0	0	For
Northside Capital Management, LLC	203	0	0	0	For

39. To approve the Amended and Restated Equity Incentive H Plan

COMPENSATION

Meeting held 2025-05-15; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (35,010 for, 0 against).

FOR: 35,010 (100.0%)

Largest asset managers voting on “To approve the Amended and Restated Equity Incentive H Plan” at MORGAN STANLEY, 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
CENTAUR MUTUAL FUNDS TRUST	35,010	0	0	0	For
SARATOGA ADVANTAGE TRUST	0	0	0	0	--

Showing the 39 reported items with the widest manager coverage, of 42 in total. View every item.

Largest MORGAN STANLEY shareholders voting in 2024-2025

Ranked by the number of MORGAN STANLEY shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 1,606,806,297 shares outstanding at the time of that meeting.

Top MORGAN STANLEY shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	7.97%
2	BlackRock	4.64%
3	Capital Group	4.54%
4	Fidelity	3.85%
5	State Street	2.95%
6	GEODE CAPITAL MANAGEMENT, LLC	1.64%
7	T. Rowe Price	1.35%
8	Fisher Asset Management, LLC	1.26%
9	Capital Research Global Investors	1.25%
10	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	1.16%

Reported MORGAN STANLEY ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

MORGAN STANLEY beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
MITSUBISHI UFJ FINANCIAL GROUP, INC.	23.67%	13D
State Street	6.67%	13F
BlackRock	5.99%	13F
JPMorgan Chase	2.40%	13F
FMR (Fidelity)	1.46%	13F
Wellington Management	1.20%	13F
Goldman Sachs	1.06%	13F
Northern Trust	0.86%	13F
Morgan Stanley	0.53%	13G

Percentages above are of 1,606,806,297 shares outstanding, as reported by MORGAN STANLEY on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from MORGAN STANLEY’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At MORGAN STANLEY's shareholder meeting held 2025-05-15, in the 2024-2025 proxy season, 1,374 asset managers reported how they voted in their SEC Form N-PX filings, covering 23,705 separate fund positions. Their filings are grouped here into 42 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — To approve the compensation of executives as disclosed in the proxy statement (non-binding… — the reporting funds cast 95% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

MORGAN STANLEY proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.