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PRINCIPAL FINANCIAL GROUP INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and PRINCIPAL FINANCIAL GROUP INC.’s Form 8-K, filed 2024-05-23 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 12Reported items
  • 731Asset managers
  • 4,367Fund votes
  • 2024-05-21Meeting date

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

Explore PRINCIPAL FINANCIAL GROUP INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by PRINCIPAL FINANCIAL GROUP INC.

These tallies are PRINCIPAL FINANCIAL GROUP INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-05-23 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

PRINCIPAL FINANCIAL GROUP INC. — official shareholder meeting results, meeting held 2024-05-21
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Roger C. Hochschild 136,477,01814,810,683143,222 --20,051,410 Majority: yes
Elect Director: Daniel J. Houston 142,419,4878,758,755252,681 --20,051,410 Majority: yes
Elect Director: Diane C. Nordin 149,798,5961,495,540136,787 --20,051,410 Majority: yes
Elect Director: Alfredo Rivera 148,960,3512,324,014146,558 --20,051,410 Majority: yes

This meeting is also recorded here as 2024-05-22; both records come from the same filing, so the date should be checked against it.

Source: PRINCIPAL FINANCIAL GROUP INC., Form 8-K, filed with the SEC on 2024-05-23 — read the filing on EDGAR.

How asset managers voted at the PRINCIPAL FINANCIAL GROUP INC. 2023-2024 meeting

Each item below shows how the 731 asset managers that disclosed a PRINCIPAL FINANCIAL GROUP INC. 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 PRINCIPAL FINANCIAL GROUP INC.’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. Advisory Approval of Compensation of Our Named Executive Officers

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-21.

Combines 5 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 674 asset managers below cast 99.8% of the shares they voted on this item FOR (2,396,065,581 for, 4,396,287 against).

FOR: 2,396,065,581 (99.8%)AGAINST: 4,396,287 (0.2%)ABSTAIN: 8,271 (0.0%)NOT VOTED: 4,503 (0.0%)UNKNOWN: 1,406 (0.0%)
Largest asset managers voting on “Advisory Approval of Compensation of Our Named Executive Officers” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
IndexIQ Advisors LLC2,271,000,0000 00For
Vanguard23,483,8490 00For
BlackRock15,638,578948 00For
State Street8,179,3220 00For
Capital Research Global Investors6,602,2980 00For
Capital Group6,549,573196 00For
Fidelity5,482,6880 00For
GEODE CAPITAL MANAGEMENT, LLC5,395,6150 00For
Invesco4,812,9560 00For
Man Group plc4,808,9000 00For
Wellington4,182,9050 00For
Hartford3,997,9050 00For
Dimensional3,657,2890 00For
Charles Schwab2,715,0420 00For
Northern Trust2,541,53211,322 5250For
Legal & General Investment Management Ltd01,439,951 00Against
PARAMETRIC PORTFOLIO ASSOCIATES LLC1,346,7640 00For
Goldman Sachs1,248,1310 00For
Amundi01,116,434 00Against
MELLON INVESTMENTS Corp1,113,1230 00For
Victory Capital806,8950 00For
CITY NATIONAL ROCHDALE FUNDS781,6180 00For
T. Rowe Price751,9680 00For
UBS750,2410 00For
TRUST FOR PROFESSIONAL MANAGERS727,0990 00For

Showing the 25 largest of 674 asset managers. See all 674 in the interactive database.

2. Election of Directors: Alfredo Rivera

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-21.

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 148,960,351AGAINST: 2,324,014

PRINCIPAL FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Alfredo Rivera”): 148,960,351 for, 2,324,014 against, per its Form 8-K filed 2024-05-23 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 124 asset managers below cast 99.4% of the shares they voted on this item FOR (62,987,590 for, 323,962 against).

FOR 99.4%
FOR: 62,987,590 (99.5%)AGAINST: 323,962 (0.5%)ABSTAIN: 9,348 (0.0%)
Largest asset managers voting on “Election of Directors: Alfredo Rivera” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard22,446,3300 00For
BlackRock8,560,8290 00For
Capital Group6,548,6730 00For
Fidelity5,442,7170 00For
Hartford3,983,6860 00For
Dimensional2,867,2970 00For
Invesco2,329,3140 00For
State Street2,249,0040 00For
Charles Schwab1,351,9150 00For
CITY NATIONAL ROCHDALE FUNDS781,6180 00For
TRUST FOR PROFESSIONAL MANAGERS727,0990 00For
TIAA540,6970 00For
WisdomTree424,9870 00For
Victory Capital371,8090 00For
MASTER INVESTMENT PORTFOLIO363,0540 00For
JPMorgan339,3700 00For
Six Circles Trust277,7770 00For
TOUCHSTONE FUNDS GROUP TRUST231,0010 00For
John Hancock223,7630 00For
Equitable89,341128,234 00Against
Northern Trust192,1440 00For
T. Rowe Price0166,170 00Against
First Trust160,4330 00For
Cambria ETF Trust150,8480 00For
Lincoln Financial131,2090 00For

Showing the 25 largest of 124 asset managers. See all 124 in the interactive database.

3. Election of Directors: Daniel J. Houston

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-21.

Combines 5 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 142,419,487AGAINST: 8,758,755

PRINCIPAL FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Daniel J. Houston”): 142,419,487 for, 8,758,755 against, per its Form 8-K filed 2024-05-23 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 124 asset managers below cast 99.8% of the shares they voted on this item FOR (63,226,848 for, 84,704 against).

FOR 99.8%
FOR: 63,226,848 (99.9%)AGAINST: 84,704 (0.1%)ABSTAIN: 9,348 (0.0%)
Largest asset managers voting on “Election of Directors: Daniel J. Houston” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard22,446,3300 00For
BlackRock8,560,8290 00For
Capital Group6,548,6730 00For
Fidelity5,442,7170 00For
Hartford3,983,6860 00For
Dimensional2,867,2970 00For
Invesco2,329,3140 00For
State Street2,248,97727 00For
Charles Schwab1,351,9150 00For
CITY NATIONAL ROCHDALE FUNDS781,6180 00For
TRUST FOR PROFESSIONAL MANAGERS727,0990 00For
TIAA540,6970 00For
WisdomTree424,9870 00For
Victory Capital371,8090 00For
MASTER INVESTMENT PORTFOLIO363,0540 00For
JPMorgan339,3700 00For
Six Circles Trust277,7770 00For
TOUCHSTONE FUNDS GROUP TRUST231,0010 00For
John Hancock223,7630 00For
Equitable217,5750 00For
Northern Trust192,1440 00For
T. Rowe Price166,1700 00For
First Trust160,4330 00For
Cambria ETF Trust150,8480 00For
Lincoln Financial131,2090 00For

Showing the 25 largest of 124 asset managers. See all 124 in the interactive database.

4. Election of Directors: Diane C. Nordin

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-21.

Combines 5 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 149,798,596AGAINST: 1,495,540

PRINCIPAL FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Diane C. Nordin”): 149,798,596 for, 1,495,540 against, per its Form 8-K filed 2024-05-23 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 124 asset managers below cast 99.5% of the shares they voted on this item FOR (63,004,666 for, 306,886 against).

FOR 99.5%
FOR: 63,004,666 (99.5%)AGAINST: 306,886 (0.5%)ABSTAIN: 9,348 (0.0%)
Largest asset managers voting on “Election of Directors: Diane C. Nordin” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard22,446,3300 00For
BlackRock8,560,8290 00For
Capital Group6,548,6730 00For
Fidelity5,442,7170 00For
Hartford3,983,6860 00For
Dimensional2,867,2970 00For
Invesco2,329,3140 00For
State Street2,249,0040 00For
Charles Schwab1,351,9150 00For
CITY NATIONAL ROCHDALE FUNDS781,6180 00For
TRUST FOR PROFESSIONAL MANAGERS727,0990 00For
TIAA540,6970 00For
WisdomTree424,9870 00For
Victory Capital371,8090 00For
MASTER INVESTMENT PORTFOLIO363,0540 00For
JPMorgan339,3700 00For
Six Circles Trust277,7770 00For
TOUCHSTONE FUNDS GROUP TRUST231,0010 00For
John Hancock223,7630 00For
Equitable89,341128,234 00Against
Northern Trust192,1440 00For
T. Rowe Price0166,170 00Against
First Trust160,4330 00For
Cambria ETF Trust150,8480 00For
Lincoln Financial131,2090 00For

Showing the 25 largest of 124 asset managers. See all 124 in the interactive database.

5. Election of Directors: Roger C. Hochschild

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-21.

Combines 5 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%
FOR: 136,477,018AGAINST: 14,810,683

PRINCIPAL FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Roger C. Hochschild”): 136,477,018 for, 14,810,683 against, per its Form 8-K filed 2024-05-23 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 124 asset managers below cast 92% of the shares they voted on this item FOR (58,153,483 for, 5,158,069 against).

FOR 92%8%
FOR: 58,153,483 (91.8%)AGAINST: 5,158,069 (8.1%)ABSTAIN: 9,348 (0.0%)
Largest asset managers voting on “Election of Directors: Roger C. Hochschild” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard22,446,3300 00For
BlackRock8,560,8290 00For
Capital Group6,548,6730 00For
Fidelity5,442,7170 00For
Hartford3,983,6860 00For
Dimensional2,867,2970 00For
Invesco02,329,314 00Against
State Street1,8752,247,129 00Against
Charles Schwab1,351,9150 00For
CITY NATIONAL ROCHDALE FUNDS781,6180 00For
TRUST FOR PROFESSIONAL MANAGERS727,0990 00For
TIAA540,6970 00For
WisdomTree424,9870 00For
Victory Capital371,8090 00For
MASTER INVESTMENT PORTFOLIO363,0540 00For
JPMorgan339,3700 00For
Six Circles Trust277,7770 00For
TOUCHSTONE FUNDS GROUP TRUST231,0010 00For
John Hancock223,7630 00For
Equitable86,803130,772 00Against
Northern Trust192,1440 00For
T. Rowe Price0166,170 00Against
First Trust160,4330 00For
Cambria ETF Trust150,8480 00For
Lincoln Financial79,17652,033 00For

Showing the 25 largest of 124 asset managers. See all 124 in the interactive database.

6. Ratification of Appointment of Ernst & Young LLP as the Company's Independent Auditor for 2024

AUDIT-RELATED

Meeting held 2024-05-21.

Combines 5 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 118 asset managers below cast 99.8% of the shares they voted on this item FOR (63,072,390 for, 95,603 against).

FOR: 63,072,390 (99.8%)AGAINST: 95,603 (0.2%)ABSTAIN: 7,287 (0.0%)
Largest asset managers voting on “Ratification of Appointment of Ernst & Young LLP as the Company's Independent Auditor for 2024” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard22,446,3300 00For
BlackRock8,560,8290 00For
Capital Group6,548,6730 00For
Fidelity5,442,7170 00For
Hartford3,983,6860 00For
Dimensional2,867,2970 00For
Invesco2,329,3140 00For
State Street2,248,91292 00For
Charles Schwab1,351,9150 00For
CITY NATIONAL ROCHDALE FUNDS781,6180 00For
TRUST FOR PROFESSIONAL MANAGERS727,0990 00For
TIAA540,6970 00For
WisdomTree424,9870 00For
Victory Capital371,8090 00For
MASTER INVESTMENT PORTFOLIO363,0540 00For
JPMorgan339,3700 00For
Six Circles Trust277,7770 00For
TOUCHSTONE FUNDS GROUP TRUST231,0010 00For
John Hancock223,7630 00For
Equitable217,5750 00For
Northern Trust192,1440 00For
T. Rowe Price166,1700 00For
First Trust160,4330 00For
Cambria ETF Trust150,8480 00For
Lincoln Financial131,2090 00For

Showing the 25 largest of 118 asset managers. See all 118 in the interactive database.

7. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESCOMPENSATION

Meeting held 2024-05-21.

66% fund support · no official result

FOR 66%AGAINST 34%

The 29 asset managers below cast 66% of the shares they voted on this item FOR (2,230,476 for, 1,129,481 against).

FOR: 2,230,476 (66.3%)AGAINST: 1,129,481 (33.6%)ABSTAIN: 2,061 (0.1%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan1,395,6050 00For
Desjardins Global Asset Management Inc.0939,327 00Against
STOREBRAND ASSET MANAGEMENT AS231,0800 00For
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND123,0510 00For
APG Asset Management US Inc.110,9210 00For
TD ASSET MANAGEMENT INC105,3110 00For
Empower89,2610 00For
Arjuna Capital75,7710 00For
Cardano Risk Management B.V.070,267 00Against
Union Investment Privatfonds GmbH061,022 00Against
TIMOTHY PLAN44,9970 00For
Tredje AP-fonden038,269 00Against
OSSIAM28,3980 00For
NORDEA INVESTMENT MANAGEMENT AB017,113 00Against
Vinva Investment Management Ltd7,7580 00For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma6,0610 00For
Regime de rentes du Mouvement Desjardins03,483 00Against
Brighthouse3,4180 00For
Symmetry Panoramic Trust1,3340 2,0610Abstain
CIDEL ASSET MANAGEMENT INC2,1790 00For
Capitol Series Trust1,7750 00For
iA Global Asset Management Inc.1,6180 00For
Tidal Trust III7710 00For
TOBAM7450 00For
Rock Point Advisors, LLC1690 00For

Showing the 25 largest of 29 asset managers. See all 29 in the interactive database.

8. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-21.

Combines 2 wordings of this item as funds reported it.

93% fund support · no official result

FOR 93%7%

The 11 asset managers below cast 93% of the shares they voted on this item FOR (5,208 for, 408 against).

FOR: 5,208 (92.7%)AGAINST: 408 (7.3%)
Largest asset managers voting on “14A Executive Compensation” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Destra Multi-Alternative Fund3,3270 00For
Penobscot Investment Management Company, Inc.7020 00For
River Street Advisors LLC4160 00For
OLD SECOND NATIONAL BANK OF AURORA3000 00For
GYL FINANCIAL SYNERGIES, LLC2500 00For
NICHOLS & PRATT ADVISERS LLP /MA0250 00Against
GRIMES & COMPANY, INC.1710 00For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV0158 00Against
Baker Avenue Asset Management, LP420 00For
Moisand Fitzgerald Tamayo, LLC00 00--
Port Capital LLC00 00--

9. Ratify Ernst & Young LLP as Auditors

AUDIT-RELATED

Meeting held 2024-05-21.

100% fund support · no official result

FOR 99%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (141,568 for, 0 against).

FOR: 141,568 (98.6%)ABSTAIN: 2,061 (1.4%)
Largest asset managers voting on “Ratify Ernst & Young LLP as Auditors” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Empower89,2610 00For
TIMOTHY PLAN44,9970 00For
Brighthouse3,4180 00For
Symmetry Panoramic Trust1,3340 2,0610Abstain
Capitol Series Trust1,7750 00For
Tidal Trust III7710 00For
Warren Street Wealth Advisors, LLC120 00For

10. Advisory approval of the compensation of our named executive officers

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-05-20 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 142,675,128AGAINST: 7,735,191

PRINCIPAL FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Advisory Vote to Approve Executive Compensation”): 142,675,128 for, 7,735,191 against, per its Form 8-K filed 2025-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 2 asset managers below cast 100% of the shares they voted on this item FOR (972 for, 0 against).

FOR 100%
FOR: 972 (100.0%)
Largest asset managers voting on “Advisory approval of the compensation of our named executive officers” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Weil Company, Inc.8720 00For
Meixler Investment Management, Ltd.1000 00For

11. ADVISORY APPROVAL OF COMPENSATION OF NAMED EXECUTIVE OFFICERS.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-21.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (145,001,600 for, 0 against).

FOR: 145,001,600 (100.0%)
Largest asset managers voting on “ADVISORY APPROVAL OF COMPENSATION OF NAMED EXECUTIVE OFFICERS.” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Glaxis Capital Management, LLC144,999,7560 00For
NAPLES GLOBAL ADVISORS, LLC1,8440 00For

12. SAY ON PAY

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-21.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (96,434 for, 0 against).

FOR: 96,434 (100.0%)
Largest asset managers voting on “SAY ON PAY” at PRINCIPAL FINANCIAL GROUP INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
CAPITAL MANAGEMENT CORP /VA95,4940 00For
Empower9400 00For

Largest PRINCIPAL FINANCIAL GROUP INC. shareholders voting in 2023-2024

Ranked by the number of PRINCIPAL FINANCIAL GROUP INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting.

Top PRINCIPAL FINANCIAL GROUP INC. shareholders by shares voted, 2023-2024
#Asset manager Shares voted
1IndexIQ Advisors LLC 2,271,000,000
2Vanguard 23,483,849
3BlackRock 15,639,526
4State Street 8,179,322
5Capital Research Global Investors 6,602,298
6Capital Group 6,549,769
7Fidelity 5,482,688
8GEODE CAPITAL MANAGEMENT, LLC 5,395,615
9Invesco 4,812,956
10Man Group plc 4,808,900

Shown as share counts, not percentages: no shares-outstanding figure has been matched to PRINCIPAL FINANCIAL GROUP INC. for the 2023-2024 season, so there is no denominator to divide by.

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. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At PRINCIPAL FINANCIAL GROUP INC.'s shareholder meeting held 2024-05-21, in the 2023-2024 proxy season, 731 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,367 separate fund positions. Their filings are grouped here into 12 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. PRINCIPAL FINANCIAL GROUP INC.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Advisory Approval of Compensation of Our Named Executive Officers — the reporting funds cast 99.8% 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.

PRINCIPAL FINANCIAL GROUP INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.