Fixing Our Broken Proxy Voting System
November 15, 2024—Just as publicly traded companies do, mutual funds, ETFs, and closed-end funds...
Proxy Advisory Firms—Killing Closed-End Funds Softly with Their Policies
October 25, 2023—Closed-end funds (CEFs) trying to fend off hostile hedge funds and other activist...
Shareholder Activism Threatens Closed-End Funds and Their Investors
Over the past 80 years, closed-end funds (CEFs) have helped millions of Americans achieve their long...
Proxy Proposals Worth Supporting
The SEC can save millions of dollars for registered fund shareholders, while maintaining investor...
Funds and Proxy Voting: Funds Vote Thoughtfully and Independently
During the 2017 proxy voting season, registered investment companies—including mutual funds...
Funds and Proxy Voting: Who Submits Shareholder Proposals?
Any registered fund that holds companies' stocks in its portfolio has a duty to consider proxy...
Funds and Proxy Voting: The Mix of Proposals Matters
Proxy voting is in the news and on the minds of policymakers, corporate executives, and investors...
Fund Shareholders Have to Receive Reports. They Don’t Have to Pay So Much for Them
ICI has filed a comment letter calling on the Securities and Exchange Commission (SEC) to overhaul...
SEC Should Reject Complex, Costly “Pass-Through” Proxy Voting
Policymakers and regulators at the US Securities and Exchange Commission (SEC) have renewed their...
Fund Adviser Proxy Votes Align with Fund Interests
A key assertion in "Cracking the Proxy Racket" (The Wall Street Journal's Review & Outlook...
Check the Facts: Funds Engage Actively on Corporate Governance
ICI president and CEO Paul Schott Stevens recently sent the following letter to the New York Times...
ICI Research Shows How Funds Have Addressed Changing Mix of Proxy Proposals
New ICI research on trends in proxy voting by mutual funds finds that the 2007–2009 financial crisis...