mean?
Institutional Investor
Florida SBA
The Florida State Board of Administration manages 34 investment funds, comprising over $163 billion in assets under management as of April 30, 2008. 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
57.1
Percentile
89
What does this mean?
This fund has voted against the recommendation of management on 57.1% of the proposals it has faced. This makes it more activist than 89% 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
|
29.0 | 93 | |
|
Executive compensation
EC
|
71.6 | 99 | |
|
Corporate governance
CG
|
81.0 | 90 | |
|
Corporate impact
CI
|
46.7 | 83 |
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
|
Activism Score
|
Activism Plot
|
Votes
|
|||||
|---|---|---|---|---|---|---|---|
|
Against mgmt | With mgmt | Abstain | ||||
|
Director Election
|
29.0 |
|
5,289 | 13,237 | 121 | ||
|
|||||||
|
Management Proposals
|
69.4 |
|
1,118 | 506 | 28 | ||
|
Shareholder Proposals
|
73.9 |
|
187 | 62 | 4 | ||
|
|||||||
|
Board Independence and Performance
|
68.1 |
|
32 | 11 | 4 | ||
|
Voting Rules
|
76.0 |
|
76 | 12 | 12 | ||
|
Takeover Defenses
|
98.8 |
|
84 | 0 | 1 | ||
|
|||||||
|
Employment and Working Conditions
|
52.4 |
|
33 | 27 | 3 | ||
|
Environmental and Social
|
30.5 |
|
25 | 56 | 1 | ||
|
Political Influence and Charitable Contributions
|
57.1 |
|
20 | 14 | 1 | ||