SEC Form N-PX

Definition of 'SEC Form N-PX'


A form completed by registered management investment companies and filed with the Securities and Exchange Commission in order to report its proxy voting record for each twelve-month period, ending on June 30 of each year. The report must be submitted not later than August 31. The SEC makes this information available to the public.

Investopedia explains 'SEC Form N-PX'


The filing requirements for Form N-PX are covered under Section 30 of the Investment Company Act of 1940, and Sections 13 and 15(d) of the Securities Exchange Act of 1934, which require investment companies and trusts to file semiannual and annual reports with the SEC and shareholders.

Individuals should always be able to view a registered investment company's proxy voting record, by either accessing or requesting the information directly from the company or through the SEC's website. Many companies make the information available online under "Investor Relations," or by providing a toll-free number for people wishing to request a copy by mail. By federal law, companies are required to provide their proxy voting records, free of charge, within three days of receiving a request.



comments powered by Disqus
Hot Definitions
  1. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will respond similarly to a marketing action. Market segmentation enables companies to target different categories of consumers who perceive the full value of certain products and services differently from one another.
  2. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following:
  3. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option is purchased and the lower premium option is sold - both at the same time. The higher the debit spread, the greater the initial cash outflow the investor will incur on the transaction.
  4. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious debt when government leaders use borrowed funds in ways that don't benefit or even oppress citizens. Some legal scholars argue that successor governments should not be held accountable for odious debt incurred by earlier regimes, but there is no consensus on how odious debt should actually be treated.
  5. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the acquiring company will make an offer for the outstanding shares.
  6. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by additional investment would not warrant the expense. A harvest strategy is employed when a line of business is considered to be a cash cow, meaning that the brand is mature and is unlikely to grow if more investment is added.
Trading Center