Proxy Vote Update: Prudential Investment Portfolios (PI)

Below are the resources for and the results of our recent Proxy Vote on behalf of our clients:
Proxy Materials: rF Voting results:
  1. Vote for the election of of the following nominees:
    1. Ellen S Alberding – For
    2. Kevin J Bannon – For
    3. Linda W Bynoe – For
    4. Keith F Hairstein – For
    5. Michael S Hyland – For
    6. Stephen P Munn – For
    7. James E Quinn – For
    8. Richard A Redeker – For
    9. Stephen G Stoneburn – For
    10. Grace C Torres – For
    11. Stuart S Parker – Against (Conflict of Interest).
    12. Scott E Benjamin – Against (Conflict of Interest).
  2. To approve a policy to permit PI to enter into, or make material changes to, subadvisory agreements with subadvisors that are wholly-owned subsidiaries of Prudential Investments or a sister company without shareholder approval:  For
  3. To approve a proposal to designate the fund’s investment objective as a non-fundamental policy of the fund.:  For

This article was written for information purposes only and its content should not be construed by any consumer and/or prospective client as rebel Financial’s solicitation to affect, or attempt to affect transactions in securities, or the rendering of personalized investment advice for compensation. No client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from rebel Financial, or from any other investment professional. See our disclosures page for more information.


Comments are closed.