Our approach
Launched in 2026, the team is responsible for policy development, proxy voting, and company engagements for Vanguard’s global index strategies, funds-of-funds, and most of Vanguard funds’ securities in international markets.
Reports
Vanguard Portfolio Management Investment Stewardship 2026 Annual Report
The report highlights the proxy voting and engagement activities of the Vanguard Portfolio Management Investment Stewardship team from January 12 through June 30, 2026, on behalf of the funds it stewards.
Quarterly Engagement Report (April 1, 2026–June 30, 2026)
The entries on this table represent the companies that the Vanguard Portfolio Management Investment Stewardship team engaged with during the second quarter of 2026.
Quarterly Engagement Report (January 12, 2026–March 31, 2026)
The entries on this table represent the companies that the Vanguard Portfolio Management Investment Stewardship team engaged with during the first quarter of 2026.
Policies
We disclose proxy voting policies to provide context for votes cast on funds stewarded by VPMIS. The Global Proxy Voting Policy describes general positions on matters that may be subject to a vote by portfolio company shareholders. This policy guides proxy voting at the shareholder meetings of companies around the globe and serves as the foundation of the regional proxy voting policies below.
Global Proxy Voting Policy
Regional proxy voting policies
The regional proxy voting policies describe the general positions of the funds on matters that may be subject to a shareholder vote at companies domiciled in each region. These policies are approved by the relevant funds’ boards on an annual basis and published on Vanguard’s websites.
Proxy voting policy for Australia and New Zealand portfolio companies
This is the general proxy voting policy that applies to all companies domiciled in Australia and New Zealand. The effective date of the policy is January 12, 2026.
Proxy voting policy for Brazilian portfolio companies
This is the general proxy voting policy that applies to all companies domiciled in Brazil. The effective date of the policy is January 12, 2026.
Proxy voting policy for Canadian portfolio companies
This is the general proxy voting policy that applies to all companies domiciled in Canada. The effective date of the policy is January 12, 2026.
Proxy voting policy for Japanese portfolio companies
This is the general proxy voting policy that applies to all companies domiciled in Japan. The effective date of the policy is January 12, 2026.
Proxy voting policy for Mexican portfolio companies
This is the general proxy voting policy that applies to all companies domiciled in Mexico. The effective date of the policy is January 12, 2026.
Proxy voting policy for U.K. and European portfolio companies
This is the general proxy voting policy that applies to all companies domiciled in Europe, followed by country specific policies for the U.K., Ireland, the Isle of Man, Jersey, Guernsey, Germany, France, Italy, the Netherlands, and Nordic markets. The effective date of the policy is January 12, 2026.
Proxy voting policy for U.S. portfolio companies
This is the general proxy voting policy that applies to all companies domiciled in the United States. The effective date of the policy is January 12, 2026.
Information for portfolio companies
This resource is for public company representatives seeking to schedule an engagement with the VPMIS team.
Contact VPMIS:
Notes: All investing is subject to risk, including the possible loss of the money you invest.