Investment stewardship

Just as the investors in our equity funds generally have a long-term investment horizon, Charles Schwab Investment Management takes a long-term, measured approach to investment stewardship.

Our view on investment stewardship

We are champions of investors. We look at the world through our clients' eyes, and keep that perspective at the heart of everything we do.

Our guiding principles:

As a leading asset manager, it is our responsibility to use our proxy votes to encourage transparency and corporate governance structures that we believe will help protect or promote shareholder value.

Our approach to investment stewardship

Charles Schwab Investment Management believes corporate directors, as the elected representatives of all shareholders, are best positioned to oversee the management of their companies. Accordingly, we generally support a board of directors' or management's recommendations on proxy matters. However, we will not support their recommendations if we believe they fail to protect or promote shareholder value.

Our proxy voting policy (approved annually by the fund boards) focuses on:

  • Board composition and quality
  • Actions a board has taken to drive strategy, deliver performance, and manage relevant risks
  • Clarity and accessibility of reporting on key shareholder issues

Our voting record

See our proxy voting record for specific funds.

Investment stewardship team

Our investment stewardship team has decades of experience researching, analyzing, and advising on proxy issues. We also engage the research and voting services of well-respected independent proxy advisors that share our opinions on many governance topics.

"We have used our experience in asset management and in research across multiple asset classes to develop an approach to proxy voting that supports strong governance. We believe this will result in long-term value creation for our funds' shareholders."

 —Mary Colby, Vice President & Head of Proxy Research