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
55.1
Percentile
90
What does this mean?
This fund has voted against the recommendation of management on 55.1% of the proposals it has faced. This makes it more activist than 90% 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
|
25.7 | 92 | |
|
Executive compensation
EC
|
61.4 | 96 | |
|
Corporate governance
CG
|
82.7 | 85 | |
|
Corporate impact
CI
|
50.6 | 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
|
25.7 |
|
19,860 | 62,826 | 1,825 | ||
|
|||||||
|
Management Proposals
|
52.8 |
|
4,524 | 4,296 | 281 | ||
|
Shareholder Proposals
|
70.0 |
|
387 | 148 | 18 | ||
|
|||||||
|
Board Independence and Performance
|
84.4 |
|
157 | 23 | 6 | ||
|
Voting Rules
|
66.7 |
|
750 | 344 | 31 | ||
|
Takeover Defenses
|
97.1 |
|
238 | 2 | 5 | ||
|
|||||||
|
Employment and Working Conditions
|
59.4 |
|
82 | 52 | 4 | ||
|
Environmental and Social
|
26.6 |
|
82 | 218 | 8 | ||
|
Political Influence and Charitable Contributions
|
65.7 |
|
94 | 45 | 4 | ||