mean?
Institutional Investor
Florida SBA
The Florida State Board of Administration manages 34 investment funds, comprising approximately $140 billion in assets under management. The Florida Retirement System (FRS) Pension Plan is the fourth largest public retirement plan in the U.S. and comprises roughly three-quarters of total assets under SBA management.
Overall
activism
score
activism
score
60.5
Percentile
91
What does this mean?
This fund has voted against the recommendation of management on 60.5% of the proposals it has faced. This makes it more activist than 91% of the funds in our database, as shown by the small blue and red plot above.
Activism Profile
| Issue area |
 Activism Score |
Activism Percentile |
Activism Plot |
|---|---|---|---|
|
Directors
D
|
28.1 | 93 | |
|
Executive compensation
EC
|
73.6 | 97 | |
|
Corporate governance
CG
|
89.4 | 93 | |
|
Corporate impact
CI
|
50.7 | 86 |
Activism footprint: More activist funds have larger footprints. Each corner depicts the fund's activism percentile on one issue area. (More detailed explanation)
on one issue area. (More detailed explanation)
Detailed Vote Record
» See this fund's voting guidelines
|
Activism Score
|
Activism Plot
|
Votes
|
|||||
|---|---|---|---|---|---|---|---|
|
Against mgmt | With mgmt | Abstain | ||||
|
Director Election
|
28.1 |
|
12,890 | 35,910 | 1,110 | ||
|
|||||||
|
Management Proposals
|
70.1 |
|
2,934 | 1,297 | 104 | ||
|
Shareholder Proposals
|
77.1 |
|
350 | 87 | 17 | ||
|
|||||||
|
Board Independence and Performance
|
83.1 |
|
108 | 16 | 6 | ||
|
Voting Rules
|
87.4 |
|
320 | 21 | 25 | ||
|
Takeover Defenses
|
97.8 |
|
180 | 1 | 3 | ||
|
|||||||
|
Employment and Working Conditions
|
59.3 |
|
67 | 42 | 4 | ||
|
Environmental and Social
|
25.4 |
|
54 | 154 | 5 | ||
|
Political Influence and Charitable Contributions
|
67.5 |
|
52 | 22 | 3 | ||