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Invesco 2025-2026: where it broke with the board

At least 6,019 proposals in the 2025-2026 proxy season: Invesco voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 19 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal Invesco 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

6,019 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.

Invesco, 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 recommendedInvesco votedFunds
TechTarget, Inc. July 24, 2025 Election of Directors: Sally Ashford Director Elections Board AGAINST 2
TechTarget, Inc. July 24, 2025 Election of Directors: Stephen A. Carter Director Elections Board AGAINST 2
Tecnoglass Inc. December 19, 2025 Election of the following Class C directors: Jon Paul "JP" Perez Director Elections Board AGAINST 2
Telekom Austria AG June 24, 2026 Elect Carlos Elizondo as Supervisory Board Member Director Elections Board AGAINST 2
Telekom Austria AG June 24, 2026 Elect Oscar Von Hauske Solis as Supervisory Board Member Director Elections Board AGAINST 2
Telekom Austria AG June 24, 2026 Elect Stefan Fuernsinn as Supervisory Board Member Director Elections Board AGAINST 2
Tenaris SA May 12, 2026 Approve Share Repurchase Capital Structure Board AGAINST 2
Tenaya Therapeutics, Inc. May 27, 2026 To amend and restate our 2021 Equity Incentive Plan to, among other things, increase the number of shares of our common stock reserved for issuance by approximately 3% of our outstanding shares and remove the annual limit of 4 million shares from the "evergreen" provision. Compensation Board AGAINST 2
Terumo Corp. June 26, 2026 Elect Director Ozawa, Keiya Director Elections Board AGAINST 2
Tessenderlo Group NV May 12, 2026 Approve Co-optation of Rocco BV, Permanently Represented by Roseline Braet, as Director Director Elections Board AGAINST 2
Tessenderlo Group NV May 12, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
Tessenderlo Group NV May 12, 2026 Approve Remuneration Report Compensation Board AGAINST 2
The 77 Bank, Ltd. June 26, 2026 Elect Director Kurihara, Sayaka Director Elections Board AGAINST 2
The 77 Bank, Ltd. June 26, 2026 Elect Director Otaki, Seiichi Director Elections Board AGAINST 2
The 77 Bank, Ltd. June 26, 2026 Elect Director Oyama, Shigenori Director Elections Board AGAINST 2
The Bidvest Group Ltd. December 1, 2025 Approve Endorsement of Hospitality and Travel Expenses Paid on Behalf of Non-Executive Directors Compensation Board AGAINST 2
The Bidvest Group Ltd. December 1, 2025 Elect Bonang Mohale as Member of the Social, Ethics & Transformation Committee Director Elections Board AGAINST 2
The Bidvest Group Ltd. December 1, 2025 Re-elect Bonang Mohale as Director Director Elections Board AGAINST 2
The Bidvest Group Ltd. December 1, 2025 Re-elect Renosi Mokate as Director Director Elections Board AGAINST 2
The Bidvest Group Ltd. December 1, 2025 Re-elect Renosi Mokate as Member of the Audit Committee Director Elections Board AGAINST 2
The Bidvest Group Ltd. December 1, 2025 Re-elect Sindi Mabaso-Koyana as Chairperson of the Audit Committee Director Elections Board AGAINST 2
The Children's Place, Inc. May 6, 2026 To approve, by non-binding vote, executive compensation as described in the proxy statement. Say-on-Pay Board AGAINST 2
The Hackett Group, Inc. April 30, 2026 Election of Director: John R. Harris Director Elections Board AGAINST 2
The Joint Corp. May 20, 2026 Approval, on an advisory basis, of the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 2
The Marcus Corporation May 21, 2026 Election of Directors: Katherine M. Gehl Director Elections Board WITHHOLD 2
The Tata Power Company Limited July 4, 2025 Reelect Saurabh Agrawal as Director Director Elections Board AGAINST 2
The Yokohama Rubber Co., Ltd. March 27, 2026 Elect Alternate Director and Audit Committee Member Furukawa, Junichi Director Elections Board AGAINST 2
The Yokohama Rubber Co., Ltd. March 27, 2026 Elect Director Furukawa, Junichi Director Elections Board AGAINST 2
Tianneng Power International Limited June 8, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Tianneng Power International Limited June 8, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Timberland Bancorp, Inc. January 27, 2026 Election of Directors: Michael J. Stoney Director Elections Board WITHHOLD 2
Tiptree Inc. April 28, 2026 To approve Amendment No. 2 to the 2017 Omnibus Incentive Plan to (a) extend the term of the 2017 Plan to June 6, 2037, and (b) increase the number of shares of the Company's common stock available for awards thereunder by an additional 4,000,000 shares. Compensation Board AGAINST 2
Titan America SA May 5, 2026 Reelect Marcel-Constantin Cobuz as Director Director Elections Board AGAINST 2
Toda Corp. June 26, 2026 Elect Director Imai, Masanori Director Elections Board AGAINST 2
Toda Corp. June 26, 2026 Elect Director Otani, Seisuke Director Elections Board AGAINST 2
Tohoku Electric Power Co., Inc. June 25, 2026 Elect Director Mukoyama, Michikazu Director Elections Board AGAINST 2
Tohoku Electric Power Co., Inc. June 25, 2026 Elect Director Nagai, Mikito Director Elections Board AGAINST 2
Tohoku Electric Power Co., Inc. June 25, 2026 Elect Director and Audit Committee Member Sato, Kazuo Director Elections Board AGAINST 2
Tokyo Electric Power Co. Holdings, Inc. June 25, 2026 Elect Director Kobayakawa, Tomoaki Director Elections Board AGAINST 2
Torrid Holdings Inc. June 2, 2026 ADVISORY VOTE ON THE COMPENSATION PAID TO THE COMPANY'S NAMED EXECUTIVE OFFICERS. Say-on-Pay Board (inferred) AGAINST 2
Tosoh Corp. June 25, 2026 Elect Director Hombo, Yoshihiro Director Elections Board AGAINST 2
Tosoh Corp. June 25, 2026 Elect Director Nakano, Yukimasa Director Elections Board AGAINST 2
Toyo Tire Corp. March 27, 2026 Elect Director Yoneda, Michio Director Elections Board AGAINST 2
Toyoda Gosei Co., Ltd. June 24, 2026 Elect Director Miyazaki, Naoki Director Elections Board AGAINST 2
Toyoda Gosei Co., Ltd. June 24, 2026 Elect Director Saito, Katsumi Director Elections Board AGAINST 2
Toyota Boshoku Corp. June 12, 2026 Elect Director Yamazaki, Yasuhiko Director Elections Board AGAINST 2
Tredegar Corporation May 8, 2026 Election of Directors: Carl E. Tack III Director Elections Board AGAINST 2
Trent Limited July 3, 2025 Reelect Jayesh Merchant as Director Director Elections Board AGAINST 2
Tucows Inc. June 2, 2026 To approve on a non-binding basis, the Executive compensation for the Named Executive Officers. Say-on-Pay Board (inferred) AGAINST 2
Turk Hava Yollari AO April 9, 2026 Approve Director Remuneration Compensation Board AGAINST 2
Turk Hava Yollari AO April 9, 2026 Ratify External Auditors Audit-related Board AGAINST 2
Turkiye Is Bankasi AS March 31, 2026 Approve Director Remuneration Compensation Board AGAINST 2
Turkiye Is Bankasi AS March 31, 2026 Elect Directors Director Elections Board AGAINST 2
Turkiye Petrol Rafinerileri AS March 11, 2026 Approve Director Remuneration Compensation Board AGAINST 2
Turkiye Petrol Rafinerileri AS March 11, 2026 Elect Directors Director Elections Board AGAINST 2
Tvardi Therapeutics, Inc. June 9, 2026 To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 2
USA Rare Earth, Inc. June 3, 2026 Election of Directors: Carolyn Trabuco Director Elections Board WITHHOLD 2
USA Rare Earth, Inc. June 3, 2026 Election of Directors: Michael Senft Director Elections Board WITHHOLD 2
UltraTech Cement Ltd. August 19, 2025 Reelect Krishna Kishore Maheshwari as Director Director Elections Board AGAINST 2
Unicharm Corp. March 19, 2026 Elect Director Takahara, Takahisa Director Elections Board AGAINST 2
United Spirits Limited August 29, 2025 Elect Mark Dominic Sandys as Director Director Elections Board AGAINST 2
Universal Logistics Holdings, Inc. April 29, 2026 To elect 9 directors for the coming year: Grant E. Belanger Director Elections Board WITHHOLD 2
Universal Logistics Holdings, Inc. April 29, 2026 To elect 9 directors for the coming year: H.E. "Scott" Wolfe Director Elections Board WITHHOLD 2
Universal Logistics Holdings, Inc. April 29, 2026 To elect 9 directors for the coming year: Matthew T. Moroun Director Elections Board WITHHOLD 2
Universal Logistics Holdings, Inc. April 29, 2026 To elect 9 directors for the coming year: Tim Phillips Director Elections Board WITHHOLD 2
Universal Technical Institute, Inc. March 12, 2026 Election of three (3) Class I Directors: Robert DeVincenzi Director Elections Board AGAINST 2
Ushio, Inc. June 29, 2026 Elect Director Asahi, Takabumi Director Elections Board AGAINST 2
VA Tech Wabag Limited August 12, 2025 Reelect Amit Goela as Director Director Elections Board AGAINST 2
VTech Holdings Limited July 15, 2025 Elect Allan Wong Chi Yun as Director Director Elections Board AGAINST 2
Valhi, Inc. May 21, 2026 Nonbinding advisory vote approving named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 2
Venture Global, Inc. May 27, 2026 Election of the 7 director nominees named in this proxy statement: Michael Sabel Director Elections Board WITHHOLD 2
Venture Global, Inc. May 27, 2026 Election of the 7 director nominees named in this proxy statement: Robert Pender Director Elections Board WITHHOLD 2
Verbio SE December 5, 2025 Approve Remuneration Report Compensation Board AGAINST 2
Verbio SE December 5, 2025 Ratify KPMG AG as Auditors for Fiscal Year 2025/26 Audit-related Board AGAINST 2
Vetoquinol SA May 20, 2026 Approve Compensation of Alain Masson, Vice-CEO Compensation Board AGAINST 2
Vetoquinol SA May 20, 2026 Approve Issuance of Equity or Equity-Linked Securities Reserved for Qualified Investors or Restricted Number of Investors, up to Aggregate Nominal Amount of EUR 5 Million Capital Structure Board AGAINST 2
Vetoquinol SA May 20, 2026 Approve Remuneration Policy of Corporate Officers Compensation Board AGAINST 2
Vetoquinol SA May 20, 2026 Elect SOPARFIN SCA as Director Director Elections Board AGAINST 2
Vetoquinol SA May 20, 2026 Reelect Louis Champel as Director Director Elections Board AGAINST 2
Vibra Energia SA April 15, 2026 Percentage of Votes to Be Assigned - Elect Mateus Affonso Bandeira as Independent Director Director Elections Board AGAINST 2
Vienna Insurance Group AG May 22, 2026 Approve Remuneration Report Compensation Board AGAINST 2
Vietnam Dairy Products Corp. April 22, 2026 Elect Directors Director Elections Board ABSTAIN 2
Village Super Market, Inc. December 12, 2025 Election of Directors: John J. Sumas Director Elections Board WITHHOLD 2
Village Super Market, Inc. December 12, 2025 Election of Directors: John P. Sumas Director Elections Board WITHHOLD 2
Village Super Market, Inc. December 12, 2025 Election of Directors: Robert Sumas Director Elections Board WITHHOLD 2
Virgin Galactic Holdings, Inc. June 11, 2026 Approval, on an advisory (non-binding) basis, of the compensation of our named executive officers. Say-on-Pay Board AGAINST 2
Virginia National Bankshares Corporation July 24, 2025 Advisory (non-binding) approval of the Company's executive compensation. Say-on-Pay Board (inferred) AGAINST 2
Vistry Group Plc May 13, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
Vistry Group Plc May 13, 2026 Re-elect Gregory Fitzgerald as Director (WITHDRAWN) Director Elections Board ABSTAIN 2
Vor Biopharma Inc. June 11, 2026 To approve the amendment and restatement of our Amended and Restated 2021 Equity Incentive Plan. Compensation Board AGAINST 2
Voyah Automotive Technology Co. Ltd. June 12, 2026 Approve Grant of General Mandate to the Board to Issue Shares Capital Structure Board AGAINST 2
Vroom, Inc. June 11, 2026 Approve, on an advisory (non-binding) basis, the compensation of the named executive officers of the Company. Say-on-Pay Board (inferred) AGAINST 2
WPG Holdings Ltd. June 30, 2026 Elect MIKE CHANG as Non-Independent Director Director Elections Board AGAINST 2
WPG Holdings Ltd. June 30, 2026 Elect SIMON HUANG as Non-Independent Director Director Elections Board AGAINST 2
Wacker Chemie AG May 6, 2026 Approve Remuneration Report Compensation Board AGAINST 2
Wacoal Holdings Corp. June 29, 2026 Elect Director Yajima, Masaaki Director Elections Board AGAINST 2
Wacoal Holdings Corp. June 29, 2026 Elect Director Yamauchi, Chizuru Director Elections Board AGAINST 2
Wan Hai Lines Ltd. May 28, 2026 Elect Chih-Chao Chen, a Representative of CHEN-YUNG FOUNDATION with Shareholder No. 00053808, as Non-Independent Director Director Elections Board AGAINST 2
Wan Hai Lines Ltd. May 28, 2026 Elect a Representative of Jiufu Garden Co., Ltd., with Shareholder No. 00175910, as Non-independent Director Director Elections Board AGAINST 2
Wan Hai Lines Ltd. May 28, 2026 Elect a Representative of Sunshine Construction Co., Ltd. with Shareholder No. 00079923, as Non-independent Director Director Elections Board AGAINST 2

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