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First Trust 2025-2026: where it broke with the board

4,352 proposals in the 2025-2026 proxy season: First Trust voted against, or withheld its votes from, 4,335 proposals put forward by company boards, and voted for 17 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal First Trust voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.

Everything Only shareholder proposals it backed

4,352 proposals.

First Trust, 2025-2026 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedFirst Trust votedFunds
Xero Limited August 21, 2025 Approve Remuneration Report Compensation Board AGAINST 1
Xinyi Energy Holdings Limited May 29, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Xinyi Energy Holdings Limited May 29, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Xtep International Holdings Limited May 8, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Xtep International Holdings Limited May 8, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
YTL Corporation Berhad December 4, 2025 Approve Issuance of ESOS Options to Deborah Low Yuen Yen Compensation Board AGAINST 1
YTL Corporation Berhad December 4, 2025 Approve Issuance of ESOS Options to Yeoh Pei Jen Compensation Board AGAINST 1
YTL Corporation Berhad December 4, 2025 Approve Issuance of ESOS Options to Yeoh Pei Xien Compensation Board AGAINST 1
YTL Corporation Berhad December 4, 2025 Approve Issuance of ESOS Options to Yeoh Pei Yen Compensation Board AGAINST 1
YTL Power International Berhad December 4, 2025 Approve Issuance of ESOS Options to Yeoh Keong Zhen Compensation Board AGAINST 1
Yadea Group Holdings Ltd. June 17, 2026 Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Yadea Group Holdings Ltd. June 17, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Yadea Group Holdings Ltd. June 17, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Yageo Corp. May 27, 2026 Approve Issuance of Restricted Stocks Compensation Board AGAINST 1
Yancoal Australia Ltd. May 28, 2026 Approve Extension of General Mandate to Add the Number of Repurchased Shares Capital Structure Board AGAINST 1
Yancoal Australia Ltd. May 28, 2026 Approve General Mandate to Issue Shares Capital Structure Board AGAINST 1
Yancoal Australia Ltd. May 28, 2026 Elect Gang Ru as Director Director Elections Board AGAINST 1
Yangtze Optical Fibre and Cable Joint Stock Limited Company October 27, 2025 Approve Grant of General Mandate to the Board of Directors to Issue Shares Capital Structure Board AGAINST 1
Yankuang Energy Group Company Limited June 26, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Additional Shares Capital Structure Board AGAINST 1
Yankuang Energy Group Company Limited June 26, 2026 Approve Provision of Financial Guarantee(s) and Authorize Yancoal Australia Limited and Its Subsidiaries to Provide Guarantee(s) in Relation to Daily Operations to the Subsidiaries of the Company in Australia Capital Structure Board AGAINST 1
Yue Yuen Industrial (Holdings) Limited May 22, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Yue Yuen Industrial (Holdings) Limited May 22, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Yue Yuen Industrial (Holdings) Limited May 22, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Yurtec Corp. June 26, 2026 Elect Director and Audit Committee Member Yashima, Tokuko Director Elections Board AGAINST 1
ZIM Integrated Shipping Services Ltd. January 2, 2026 Approve New Compensation Policy for the Directors and Officers of the Company Compensation Board AGAINST 1
ZIM Integrated Shipping Services Ltd. January 2, 2026 Elect Ran Gritzerstein as Director Director Elections Board AGAINST 1
ZIM Integrated Shipping Services Ltd. January 2, 2026 Elect Ron Hadassi as Director Director Elections Board AGAINST 1
ZIM Integrated Shipping Services Ltd. April 30, 2026 Approve Compensation Policy for the Directors and Officers of the Company Compensation Board AGAINST 1
ZOZO, Inc. June 29, 2026 Elect Director Sawada, Kotaro Director Elections Board AGAINST 1
ZTE Corporation June 17, 2026 Approve Application for General Mandate of the Issuance of Shares Capital Structure Board AGAINST 1
ZTO Express (Cayman) Inc. June 16, 2026 Approve Deloitte Touche Tohmatsu and Deloitte Touche Tohmatsu Certified Public Accountants LLP as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
ZTO Express (Cayman) Inc. June 16, 2026 Approve Grant of General Mandate to the Directors to Issue, Allot, and Deal with Additional Class A Ordinary Shares Capital Structure Board AGAINST 1
Zhaojin Mining Industry Company Limited June 1, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Domestic Shares and H Shares Capital Structure Board AGAINST 1
Zhejiang Leapmotor Technology Co., Ltd. June 29, 2026 Approve Grant of General Mandate to the Directors to Allot, Issue and Deal with (Including Sale or Transfer of Any Treasury Shares) Additional Shares Capital Structure Board AGAINST 1
Zhejiang Leapmotor Technology Co., Ltd. June 29, 2026 Approve Joint Liability Guarantee to be Provided by the Company for Its Subsidiaries Capital Structure Board AGAINST 1
Zhejiang Leapmotor Technology Co., Ltd. June 29, 2026 Approve PricewaterhouseCoopers as Overseas Auditor and PricewaterhouseCoopers Zhong Tian LLP as Domestic Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Zhen Ding Technology Holding Ltd. May 29, 2026 Approve Issuance of Restricted Stocks Compensation Board AGAINST 1
Zigup Plc September 23, 2025 Approve Remuneration Policy Compensation Board AGAINST 1
Zigup Plc September 23, 2025 Approve Value Creation Plan Compensation Board AGAINST 1
Zoomlion Heavy Industry Science and Technology Co., Ltd. June 23, 2026 Approve Application to Relevant Financial Institutions for General Credit Facilities and Financing and Related Transactions Capital Structure Board AGAINST 1
Zoomlion Heavy Industry Science and Technology Co., Ltd. June 23, 2026 Approve Carrying Out of Low Risk Investments and Financial Management and Related Transactions Extraordinary Transactions Board AGAINST 1
Zoomlion Heavy Industry Science and Technology Co., Ltd. June 23, 2026 Approve Provision of Guarantees and Related Transactions Capital Structure Board AGAINST 1
Zylox-Tonbridge Medical Technology Co., Ltd. October 24, 2025 Approve Grant of Mandate by the Shareholders to the Board and/or Administrative Committee to Handle Matters Pertaining to the Share Incentive Scheme Compensation Board AGAINST 1
Zylox-Tonbridge Medical Technology Co., Ltd. October 24, 2025 Approve Grant of RSUs to Jonathon Zhong Zhao Compensation Board AGAINST 1
Zylox-Tonbridge Medical Technology Co., Ltd. October 24, 2025 Approve Grant of RSUs to Yang Xie Compensation Board AGAINST 1
Zylox-Tonbridge Medical Technology Co., Ltd. October 24, 2025 Approve Grant of RSUs to Zheng Li Compensation Board AGAINST 1
Zylox-Tonbridge Medical Technology Co., Ltd. October 24, 2025 Approve Service Provider Sublimit Compensation Board AGAINST 1
Zylox-Tonbridge Medical Technology Co., Ltd. October 24, 2025 Approve Share Incentive Scheme Compensation Board AGAINST 1
artience Co. Ltd. March 24, 2026 Elect Director Takashima, Satoru Director Elections Board AGAINST 1
artience Co. Ltd. March 24, 2026 Elect Director and Audit Committee Member Matsumoto, Minoru Director Elections Board AGAINST 1
iM Financial Group Co., Ltd. March 26, 2026 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 1
mBank SA March 31, 2026 Approve Remuneration Report Compensation Board AGAINST 1

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Built November 8, 2026 from SEC Form N-PX filings.