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At VALUE LINE INC.'s shareholder meeting held October 6, 2023, in the 2023-2024 proxy season, 77 asset managers reported how they voted in their SEC Form N-PX filings, covering 823 separate fund positions. Their filings are grouped here into 10 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory Vote to Ratify Named Executive Officers' Compensation — FOR was 99.9% of the votes cast (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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: VALUE LINE INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on October 6, 2023.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings and VALUE LINE INC.’s Form 8-K, filed October 6, 2023 (Item 5.07 on EDGAR). Page generated November 8, 2026.
Meeting of October 6, 2023: 7 items on VALUE LINE INC.’s Form 8-K, filed October 6, 2023: 7 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Proxy season: 2023-2024
Explore VALUE LINE INC. in the interactive database Compare manager voting policies
These tallies are VALUE LINE INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed October 6, 2023 (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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Howard A. Brecher | 9,038,408 | -- | -- | 215,320 | -- | 98% | Not verified | — |
| Elect Director: Stephen R. Anastasio | 9,035,429 | -- | -- | 218,299 | -- | 98% | Not verified | — |
| Elect Director: Mary Bernstein | 8,969,057 | -- | -- | 284,671 | -- | 97% | Not verified | — |
| Elect Director: Alfred R. Fiore | 9,112,197 | -- | -- | 141,531 | -- | 98% | Not verified | — |
| Elect Director: Stephen P. Davis | 9,112,201 | -- | -- | 141,527 | -- | 98% | Not verified | — |
| Elect Director: Glenn J. Muenzer | 9,059,439 | -- | -- | 194,289 | -- | 98% | Not verified | — |
| Advisory vote on executive compensation, commonly referred to as "say-on-pay" | 9,244,535 | 8,073 | 1,120 | -- | 0 | 99.9% | Not verified | — |
Source: VALUE LINE INC., Form 8-K, filed with the SEC on October 6, 2023 — read the filing on EDGAR.
Each item below shows how the 77 asset managers that disclosed a VALUE LINE 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 VALUE LINE 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.
Combines 3 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF NOMINEES AS DIRECTORS: S.R. Anastasio
VALUE LINE INC.’s own tally for this item (“Elect Director: Stephen R. Anastasio”): 9,035,429 for, 218,299 withheld, per its Form 8-K filed October 6, 2023 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 29 asset managers below reported 84,794 for, 150,556 withheld, 939 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 0 | 0 | 0 | 98,414 | Withhold |
| BlackRock | 37,866 | 0 | 0 | 0 | For |
| Royce | 23,570 | 0 | 0 | 0 | For |
| Fidelity | 0 | 0 | 0 | 19,867 | Withhold |
| NORTHERN LIGHTS FUND TRUST II | 15,900 | 0 | 0 | 0 | For |
| WisdomTree | 0 | 0 | 0 | 15,710 | Withhold |
| Vanguard | 0 | 0 | 0 | 13,155 | Withhold |
| Equitable | 1,689 | 0 | 0 | 1,800 | Mixed |
| Charles Schwab | 2,028 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 1,527 | 0 | 0 | 0 | For |
| Lincoln Financial | 700 | 0 | 0 | 0 | For |
| Jackson National | 0 | 0 | 486 | 0 | Abstain |
| Pacific Life | 430 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 0 | 0 | 0 | 422 | Withhold |
| TIAA | 0 | 0 | 0 | 413 | Withhold |
| Northern Trust | 378 | 0 | 0 | 0 | For |
| SEI | 300 | 0 | 0 | 0 | For |
| Nationwide | 0 | 0 | 0 | 268 | Withhold |
| GPS Funds I | 0 | 0 | 246 | 0 | Abstain |
| State Street | 220 | 0 | 0 | 0 | For |
| Allianz | 0 | 0 | 207 | 0 | Abstain |
| Bridge Builder Trust | 153 | 0 | 0 | 0 | For |
| ProShares | 0 | 0 | 0 | 132 | Withhold |
| DWS | 0 | 0 | 0 | 100 | Withhold |
| Calvert | 0 | 0 | 0 | 91 | Withhold |
Showing the 25 largest of 29 asset managers. All 29 are in the interactive database (link above).
Combines 3 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF NOMINEES AS DIRECTORS: A.R. Fiore
VALUE LINE INC.’s own tally for this item (“Elect Director: Alfred R. Fiore”): 9,112,197 for, 141,531 withheld, per its Form 8-K filed October 6, 2023 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 29 asset managers below reported 177,093 for, 58,797 withheld, 399 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 98,414 | 0 | 0 | 0 | For |
| BlackRock | 0 | 0 | 0 | 37,866 | Withhold |
| Royce | 23,570 | 0 | 0 | 0 | For |
| Fidelity | 19,867 | 0 | 0 | 0 | For |
| NORTHERN LIGHTS FUND TRUST II | 15,900 | 0 | 0 | 0 | For |
| WisdomTree | 15,710 | 0 | 0 | 0 | For |
| Vanguard | 0 | 0 | 0 | 13,155 | Withhold |
| Equitable | 1,800 | 0 | 0 | 1,689 | Mixed |
| Charles Schwab | 0 | 0 | 0 | 2,028 | Withhold |
| QUANTITATIVE MASTER SERIES LLC | 0 | 0 | 0 | 1,527 | Withhold |
| Lincoln Financial | 0 | 0 | 0 | 700 | Withhold |
| Jackson National | 486 | 0 | 0 | 0 | For |
| Pacific Life | 0 | 0 | 0 | 430 | Withhold |
| AIG/SunAmerica | 422 | 0 | 0 | 0 | For |
| TIAA | 0 | 0 | 0 | 413 | Withhold |
| Northern Trust | 0 | 0 | 0 | 378 | Withhold |
| SEI | 0 | 0 | 0 | 300 | Withhold |
| Nationwide | 268 | 0 | 0 | 0 | For |
| GPS Funds I | 0 | 0 | 246 | 0 | Abstain |
| State Street | 0 | 0 | 0 | 220 | Withhold |
| Allianz | 207 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 0 | 0 | 153 | 0 | Abstain |
| ProShares | 132 | 0 | 0 | 0 | For |
| DWS | 100 | 0 | 0 | 0 | For |
| Calvert | 0 | 0 | 0 | 91 | Withhold |
Showing the 25 largest of 29 asset managers. All 29 are in the interactive database (link above).
Combines 3 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF NOMINEES AS DIRECTORS: G.J. Muenzer
VALUE LINE INC.’s own tally for this item (“Elect Director: Glenn J. Muenzer”): 9,059,439 for, 194,289 withheld, per its Form 8-K filed October 6, 2023 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 29 asset managers below reported 204,346 for, 31,697 withheld, 246 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 98,414 | 0 | 0 | 0 | For |
| BlackRock | 37,866 | 0 | 0 | 0 | For |
| Royce | 23,570 | 0 | 0 | 0 | For |
| Fidelity | 19,867 | 0 | 0 | 0 | For |
| NORTHERN LIGHTS FUND TRUST II | 15,900 | 0 | 0 | 0 | For |
| WisdomTree | 0 | 0 | 0 | 15,710 | Withhold |
| Vanguard | 0 | 0 | 0 | 13,155 | Withhold |
| Equitable | 3,489 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 0 | 0 | 2,028 | Withhold |
| QUANTITATIVE MASTER SERIES LLC | 1,527 | 0 | 0 | 0 | For |
| Lincoln Financial | 700 | 0 | 0 | 0 | For |
| Jackson National | 486 | 0 | 0 | 0 | For |
| Pacific Life | 430 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 422 | 0 | 0 | 0 | For |
| TIAA | 0 | 0 | 0 | 413 | Withhold |
| Northern Trust | 378 | 0 | 0 | 0 | For |
| SEI | 0 | 0 | 0 | 300 | Withhold |
| Nationwide | 268 | 0 | 0 | 0 | For |
| GPS Funds I | 0 | 0 | 246 | 0 | Abstain |
| State Street | 220 | 0 | 0 | 0 | For |
| Allianz | 207 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 153 | 0 | 0 | 0 | For |
| ProShares | 132 | 0 | 0 | 0 | For |
| DWS | 100 | 0 | 0 | 0 | For |
| Calvert | 0 | 0 | 0 | 91 | Withhold |
Showing the 25 largest of 29 asset managers. All 29 are in the interactive database (link above).
Combines 3 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF NOMINEES AS DIRECTORS: H.A. Brecher
VALUE LINE INC.’s own tally for this item (“Elect Director: Howard A. Brecher”): 9,038,408 for, 215,320 withheld, per its Form 8-K filed October 6, 2023 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 29 asset managers below reported 87,007 for, 148,343 withheld, 939 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 0 | 0 | 0 | 98,414 | Withhold |
| BlackRock | 37,866 | 0 | 0 | 0 | For |
| Royce | 23,570 | 0 | 0 | 0 | For |
| Fidelity | 0 | 0 | 0 | 19,867 | Withhold |
| NORTHERN LIGHTS FUND TRUST II | 15,900 | 0 | 0 | 0 | For |
| WisdomTree | 0 | 0 | 0 | 15,710 | Withhold |
| Vanguard | 0 | 0 | 0 | 13,155 | Withhold |
| Equitable | 3,489 | 0 | 0 | 0 | For |
| Charles Schwab | 2,028 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 1,527 | 0 | 0 | 0 | For |
| Lincoln Financial | 700 | 0 | 0 | 0 | For |
| Jackson National | 0 | 0 | 486 | 0 | Abstain |
| Pacific Life | 430 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 0 | 0 | 0 | 422 | Withhold |
| TIAA | 413 | 0 | 0 | 0 | For |
| Northern Trust | 378 | 0 | 0 | 0 | For |
| SEI | 300 | 0 | 0 | 0 | For |
| Nationwide | 0 | 0 | 0 | 268 | Withhold |
| GPS Funds I | 0 | 0 | 246 | 0 | Abstain |
| State Street | 220 | 0 | 0 | 0 | For |
| Allianz | 0 | 0 | 207 | 0 | Abstain |
| Bridge Builder Trust | 153 | 0 | 0 | 0 | For |
| ProShares | 0 | 0 | 0 | 132 | Withhold |
| DWS | 0 | 0 | 0 | 100 | Withhold |
| Calvert | 0 | 0 | 0 | 91 | Withhold |
Showing the 25 largest of 29 asset managers. All 29 are in the interactive database (link above).
Combines 3 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF NOMINEES AS DIRECTORS: M. Bernstein
VALUE LINE INC.’s own tally for this item (“Elect Director: Mary Bernstein”): 8,969,057 for, 284,671 withheld, per its Form 8-K filed October 6, 2023 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 29 asset managers below reported 60,639 for, 174,558 withheld, 1,092 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 0 | 0 | 0 | 98,414 | Withhold |
| BlackRock | 0 | 0 | 0 | 37,866 | Withhold |
| Royce | 23,570 | 0 | 0 | 0 | For |
| Fidelity | 0 | 0 | 0 | 19,867 | Withhold |
| NORTHERN LIGHTS FUND TRUST II | 15,900 | 0 | 0 | 0 | For |
| WisdomTree | 15,710 | 0 | 0 | 0 | For |
| Vanguard | 0 | 0 | 0 | 13,155 | Withhold |
| Equitable | 1,800 | 0 | 0 | 1,689 | Mixed |
| Charles Schwab | 2,028 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 0 | 0 | 0 | 1,527 | Withhold |
| Lincoln Financial | 700 | 0 | 0 | 0 | For |
| Jackson National | 0 | 0 | 486 | 0 | Abstain |
| Pacific Life | 0 | 0 | 0 | 430 | Withhold |
| AIG/SunAmerica | 0 | 0 | 0 | 422 | Withhold |
| TIAA | 0 | 0 | 0 | 413 | Withhold |
| Northern Trust | 378 | 0 | 0 | 0 | For |
| SEI | 300 | 0 | 0 | 0 | For |
| Nationwide | 0 | 0 | 0 | 268 | Withhold |
| GPS Funds I | 0 | 0 | 246 | 0 | Abstain |
| State Street | 220 | 0 | 0 | 0 | For |
| Allianz | 0 | 0 | 207 | 0 | Abstain |
| Bridge Builder Trust | 0 | 0 | 153 | 0 | Abstain |
| ProShares | 0 | 0 | 0 | 132 | Withhold |
| DWS | 0 | 0 | 0 | 100 | Withhold |
| Calvert | 0 | 0 | 0 | 91 | Withhold |
Showing the 25 largest of 29 asset managers. All 29 are in the interactive database (link above).
Combines 3 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF NOMINEES AS DIRECTORS: S.P. Davis
VALUE LINE INC.’s own tally for this item (“Elect Director: Stephen P. Davis”): 9,112,201 for, 141,527 withheld, per its Form 8-K filed October 6, 2023 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 29 asset managers below reported 177,093 for, 58,797 withheld, 399 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 98,414 | 0 | 0 | 0 | For |
| BlackRock | 0 | 0 | 0 | 37,866 | Withhold |
| Royce | 23,570 | 0 | 0 | 0 | For |
| Fidelity | 19,867 | 0 | 0 | 0 | For |
| NORTHERN LIGHTS FUND TRUST II | 15,900 | 0 | 0 | 0 | For |
| WisdomTree | 15,710 | 0 | 0 | 0 | For |
| Vanguard | 0 | 0 | 0 | 13,155 | Withhold |
| Equitable | 1,800 | 0 | 0 | 1,689 | Mixed |
| Charles Schwab | 0 | 0 | 0 | 2,028 | Withhold |
| QUANTITATIVE MASTER SERIES LLC | 0 | 0 | 0 | 1,527 | Withhold |
| Lincoln Financial | 0 | 0 | 0 | 700 | Withhold |
| Jackson National | 486 | 0 | 0 | 0 | For |
| Pacific Life | 0 | 0 | 0 | 430 | Withhold |
| AIG/SunAmerica | 422 | 0 | 0 | 0 | For |
| TIAA | 0 | 0 | 0 | 413 | Withhold |
| Northern Trust | 0 | 0 | 0 | 378 | Withhold |
| SEI | 0 | 0 | 0 | 300 | Withhold |
| Nationwide | 268 | 0 | 0 | 0 | For |
| GPS Funds I | 0 | 0 | 246 | 0 | Abstain |
| State Street | 0 | 0 | 0 | 220 | Withhold |
| Allianz | 207 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 0 | 0 | 153 | 0 | Abstain |
| ProShares | 132 | 0 | 0 | 0 | For |
| DWS | 100 | 0 | 0 | 0 | For |
| Calvert | 0 | 0 | 0 | 91 | Withhold |
Showing the 25 largest of 29 asset managers. All 29 are in the interactive database (link above).
99.9% Majority: yes · of votes cast
Description as filed by funds: Advisory Vote to Ratify Named Executive Officers' Compensation
VALUE LINE INC.’s own tally for this item (“Advisory vote on executive compensation, commonly referred to as "say-on-pay"”): 9,244,535 for, 8,073 against, per its Form 8-K filed October 6, 2023 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of VALUE LINE INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “ADVISORY VOTE ON EXECUTIVE COMPENSATION.” (5 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 98,414 | 0 | 0 | 0 | For |
| BlackRock | 37,866 | 0 | 0 | 0 | For |
| Royce | 23,570 | 0 | 0 | 0 | For |
| Fidelity | 19,867 | 0 | 0 | 0 | For |
| WisdomTree | 15,710 | 0 | 0 | 0 | For |
| Vanguard | 13,155 | 0 | 0 | 0 | For |
| Equitable | 3,489 | 0 | 0 | 0 | For |
| Charles Schwab | 2,028 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 1,527 | 0 | 0 | 0 | For |
| Lincoln Financial | 700 | 0 | 0 | 0 | For |
| Jackson National | 486 | 0 | 0 | 0 | For |
| Pacific Life | 430 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 422 | 0 | 0 | 0 | For |
| TIAA | 413 | 0 | 0 | 0 | For |
| Northern Trust | 378 | 0 | 0 | 0 | For |
| SEI | 300 | 0 | 0 | 0 | For |
| Nationwide | 268 | 0 | 0 | 0 | For |
| GPS Funds I | 246 | 0 | 0 | 0 | For |
| State Street | 220 | 0 | 0 | 0 | For |
| Allianz | 207 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 153 | 0 | 0 | 0 | For |
| ProShares | 132 | 0 | 0 | 0 | For |
| DWS | 100 | 0 | 0 | 0 | For |
| Calvert | 91 | 0 | 0 | 0 | For |
| Principal | 89 | 0 | 0 | 0 | For |
Fund voting reports, all 28 managers: 220,389 for. Showing the 25 largest; every one is in the interactive database (link above).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Janus Henderson | 4,000,000 | 0 | 0 | 0 | For |
| Neuberger Berman | 140,581 | 0 | 0 | 0 | For |
| BlackRock | 46,291 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 20,643 | 0 | 0 | 0 | For |
| State Street | 12,466 | 0 | 0 | 0 | For |
| Renaissance | 9,513 | 0 | 0 | 0 | For |
| STRS OHIO | 8,000 | 0 | 0 | 0 | For |
| Dimensional | 5,112 | 0 | 0 | 0 | For |
| AUXIER ASSET MANAGEMENT | 4,239 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 2,549 | 0 | 0 | 0 | For |
| Northern Trust | 2,438 | 0 | 0 | 0 | For |
| Charles Schwab | 2,028 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,800 | 0 | 0 | 0 | For |
| Vanguard | 1,781 | 0 | 0 | 0 | For |
| NEW YORK STATE COMMON RETIREMENT FUND | 1,374 | 0 | 0 | 0 | For |
| JPMorgan | 1,342 | 0 | 0 | 0 | For |
| Gratus Capital, LLC | 1,100 | 0 | 0 | 0 | For |
| Rhumbline | 510 | 0 | 0 | 0 | For |
| Corient Private Wealth LLC | 500 | 0 | 0 | 0 | For |
| Nuveen | 413 | 0 | 0 | 0 | For |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA | 0 | 410 | 0 | 0 | Against |
| Citadel | 401 | 0 | 0 | 0 | For |
| NISA INVESTMENT ADVISORS, LLC | 0 | 339 | 0 | 0 | Against |
| Goldman Sachs | 337 | 0 | 0 | 0 | For |
| Janney Montgomery Scott LLC | 300 | 0 | 0 | 0 | For |
Institutional-manager reports, all 54 managers: 4,265,944 for, 881 against, 510 1 year. Showing the 25 largest; every one is in the interactive database (link above).
100% Fund and manager reports combined; may count the same shares twice · no official result
Description as filed by funds: ADVISORY VOTE ON THE FREQUENCY OF THE FUTURE SHAREHOLDER ADVISORY VOTES ON EXECUTIVE COMPENSATION
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 0 | 0 | 0 | 0 | -- |
| BlackRock | 0 | 0 | 0 | 0 | -- |
| Royce | 0 | 0 | 23,570 | 0 | Abstain |
| Fidelity | 0 | 0 | 0 | 0 | -- |
| WisdomTree | 0 | 0 | 0 | 0 | -- |
| Vanguard | 0 | 0 | 0 | 0 | -- |
| Equitable | 0 | 0 | 0 | 0 | -- |
| QUANTITATIVE MASTER SERIES LLC | 0 | 0 | 0 | 0 | -- |
| Lincoln Financial | 0 | 0 | 0 | 0 | -- |
| Pacific Life | 0 | 0 | 0 | 0 | -- |
| AIG/SunAmerica | 0 | 0 | 0 | 0 | -- |
| TIAA | 0 | 0 | 0 | 0 | -- |
| Northern Trust | 0 | 0 | 0 | 0 | -- |
| Nationwide | 0 | 0 | 0 | 0 | -- |
| State Street | 0 | 0 | 0 | 0 | -- |
| ProShares | 0 | 0 | 0 | 0 | -- |
| DWS | 0 | 0 | 0 | 0 | -- |
| Calvert | 0 | 0 | 0 | 0 | -- |
| Principal | 0 | 0 | 0 | 0 | -- |
| Victory Capital | 0 | 0 | 0 | 0 | -- |
| T. Rowe Price | 0 | 0 | 0 | 0 | -- |
| Guggenheim | 0 | 0 | 0 | 0 | -- |
Fund voting reports, all 22 managers: 23,570 abstained, 98,414 3 year, 94,985 1 year.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Janus Henderson | 0 | 0 | 0 | 0 | -- |
| BlackRock | 0 | 0 | 0 | 0 | -- |
| GEODE CAPITAL MANAGEMENT, LLC | 0 | 0 | 0 | 0 | -- |
| State Street | 0 | 0 | 0 | 0 | -- |
| Renaissance | 0 | 0 | 0 | 0 | -- |
| STRS OHIO | 0 | 0 | 0 | 0 | -- |
| Dimensional | 0 | 0 | 0 | 0 | -- |
| MELLON INVESTMENTS Corp | 0 | 0 | 0 | 0 | -- |
| AllianceBernstein | 0 | 0 | 0 | 0 | -- |
| Vanguard | 0 | 0 | 0 | 0 | -- |
| Rhumbline | 510 | 0 | 0 | 0 | For |
| Nuveen | 0 | 0 | 0 | 0 | -- |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA | 0 | 0 | 0 | 0 | -- |
| Citadel | 0 | 0 | 0 | 0 | -- |
| Goldman Sachs | 0 | 0 | 0 | 0 | -- |
| T. Rowe Price | 0 | 0 | 0 | 0 | -- |
| Invesco | 0 | 0 | 0 | 0 | -- |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 0 | 0 | 0 | 0 | -- |
| Calvert | 0 | 0 | 0 | 0 | -- |
| PRINCIPAL GLOBAL INVESTORS | 0 | 0 | 0 | 0 | -- |
| Legal & General Investment Management America Inc | 0 | 0 | 0 | 0 | -- |
| Victory Capital | 0 | 0 | 0 | 0 | -- |
| Point72 | 0 | 0 | 0 | 0 | -- |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 0 | 0 | 0 | 0 | -- |
| Crossmark Global Holdings, Inc. | 0 | 0 | 0 | 0 | -- |
Institutional-manager reports, all 32 managers: 510 for, 4,105,830 1 year, 5,513 3 year. Showing the 25 largest; every one is in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
— Fund and manager reports combined; may count the same shares twice · no official result
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Jackson National | 0 | 0 | 0 | 0 | -- |
| GPS Funds I | 0 | 0 | 0 | 0 | -- |
| Allianz | 0 | 0 | 0 | 0 | -- |
| Bridge Builder Trust | 0 | 0 | 0 | 0 | -- |
Fund voting reports, all 4 managers: 693 3 year, 399 1 year.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| AUXIER ASSET MANAGEMENT | 0 | 0 | 0 | 0 | -- |
| Northern Trust | 0 | 0 | 0 | 0 | -- |
| Gratus Capital, LLC | 0 | 0 | 0 | 0 | -- |
| JPMorgan | 0 | 0 | 0 | 0 | -- |
| Corient Private Wealth LLC | 0 | 0 | 0 | 0 | -- |
| KEYBANK NATIONAL ASSOCIATION/OH | 0 | 0 | 0 | 0 | -- |
| US BANK NATIONAL ASSOCIATION | 0 | 0 | 0 | 0 | -- |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | 0 | 0 | 0 | 0 | -- |
| First Trust | 0 | 0 | 0 | 0 | -- |
| XPONANCE, INC. | 0 | 0 | 0 | 0 | -- |
| ADVISOR PARTNERS II, LLC | 0 | 0 | 0 | 0 | -- |
Institutional-manager reports, all 11 managers: 5,355 3 year, 4,111 1 year.
— Fund and manager reports combined; may count the same shares twice · no official result
Description as filed by funds: ADVISORY VOTE ON THE FREQUENCY OF FUTURE SHAREHOLDER ADVISORY VOTES ON EXECUTIVE COMPENSATION.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Gabelli | 0 | 0 | 0 | 0 | -- |
| TETON WESTWOOD FUNDS | 0 | 0 | 0 | 0 | -- |
| Charles Schwab | 0 | 0 | 0 | 0 | -- |
| SEI | 0 | 0 | 0 | 0 | -- |
Fund voting reports, all 4 managers: 78,108 3 year, 2,328 1 year.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Neuberger Berman | 0 | 0 | 0 | 0 | -- |
| Charles Schwab | 0 | 0 | 0 | 0 | -- |
| Rodgers Brothers Inc. | 0 | 0 | 0 | 0 | -- |
| NEW YORK STATE COMMON RETIREMENT FUND | 0 | 0 | 0 | 0 | -- |
| NISA INVESTMENT ADVISORS, LLC | 0 | 0 | 0 | 0 | -- |
| SEI | 0 | 0 | 0 | 0 | -- |
| BANK OF AMERICA NA | 0 | 0 | 0 | 0 | -- |
| Prudential/PGIM | 0 | 0 | 0 | 0 | -- |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 0 | 0 | 0 | 0 | -- |
| MACKENZIE FINANCIAL CORP | 0 | 0 | 0 | 0 | -- |
| BIGLARI CAPITAL CORP. | 0 | 0 | 0 | 0 | -- |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 0 | 0 | 0 | 0 | -- |
Institutional-manager reports, all 12 managers: 146,545 1 year, 50 3 year.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 9,430,116 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Dimensional | 1.04% |
| 2 | BlackRock | 0.40% |
| 3 | Royce | 0.25% |
| 4 | Fidelity | 0.21% |
| 5 | NORTHERN LIGHTS FUND TRUST II | 0.17% |
| 6 | WisdomTree | 0.17% |
| 7 | Vanguard | 0.14% |
| 8 | Equitable | 0.04% |
| 9 | Charles Schwab | 0.02% |
| 10 | QUANTITATIVE MASTER SERIES LLC | 0.02% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Janus Henderson | 42.42% |
| 2 | Neuberger Berman | 1.49% |
| 3 | BlackRock | 0.49% |
| 4 | GEODE CAPITAL MANAGEMENT, LLC | 0.22% |
| 5 | State Street | 0.13% |
| 6 | Renaissance | 0.10% |
| 7 | STRS OHIO | 0.08% |
| 8 | Dimensional | 0.05% |
| 9 | AUXIER ASSET MANAGEMENT | 0.04% |
| 10 | MELLON INVESTMENTS Corp | 0.03% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Dimensional Fund Advisors | 1.16% | 13F |
| BlackRock | 0.85% | 13F |
| Geode Capital | 0.24% | 13F |
| Vanguard Group | 0.17% | 13F |
| State Street | 0.14% | 13F |
| Renaissance Technologies | 0.11% | 13F |
| Northern Trust | 0.09% | 13F |
| Morgan Stanley | 0.02% | 13F |
| Howard A. Brecher | 0.02% | DEF14A |
| JPMorgan Chase | <0.01% | 13F |
Percentages above are of 9,430,116 shares outstanding, as reported by VALUE LINE INC. on its Form 10-Q dated August 31, 2023 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from VALUE LINE INC.’s 10-Q dated August 31, 2023. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.
VALUE LINE INC. proxy season coverage: 2023-2024 (this page).
proxyvotesnow.com, “VALUE LINE (VALU) 2023 Annual Meeting (2023-2024 season): Vote Results”, https://proxyvotesnow.com/company/value-line-inc/2024 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.