Vanguard released its updated voting policies yesterday, continuing the trend of institutional investor voting policy announcements that started with the release of Blackrock’s voting guidelines last week. By comparison, last year Vanguard did not release its updated voting policies until January 31, so we are seeing them a full three weeks earlier in 2026.

Consistent with the previously announced reorganization of the firm into two separate investment advisors, Vanguard Capital Management and Vanguard Portfolio Management, the institutional investor has posted separate voting policies for each of the advisors. Global and U.S. policies have been released for Vanguard Capital Management, and global and U.S. policies have also been released for Vanguard Portfolio Management.

Stay tuned to our blogs this week for more analysis of the changes made to Vanguard’s voting policies for 2026.

– Dave Lynn