Institutional Investor

Florida SBA

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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
60.5
Percentile
91
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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 Help
Activism
Score
Help
Activism
Percentile
Help
Activism
Plot
Help Directors D 30.2 93 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,10
Help Executive compensation EC 73.8 98 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,27
Help Corporate governance CG 88.6 92 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,26
Help Corporate impact CI 49.6 86 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,14
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Activism footprint: More activist funds have larger footprints. Each corner depicts the fund's activism percentile Help on one issue area. (More detailed explanation)

Detailed Vote Record

» See this fund's voting guidelines

Activism Score Help Activism Plot Help Votes
Help

Help Directors

Against mgmt With mgmt Abstain
Help Director Election 30.2 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,10 10,340 24,314 171

Help Executive compensation

Help Management Proposals 68.9 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,23 2,153 991 41
Help Shareholder Proposals 78.7 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,23 269 70 3

Help Corporate governance

Help Board Independence and Performance 79.4 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,23 77 15 5
Help Voting Rules 87.2 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,26 212 18 13
Help Takeover Defenses 99.3 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,29 137 0 1

Help Corporate impact

Help Employment and Working Conditions 55.8 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,16 53 39 3
Help Environmental and Social 23.7 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,7 40 128 1
Help Political Influence and Charitable Contributions 69.4 Chart?chs=85x35&cht=ls&chco=0077cc&chls=1,0,0&chm=b,e6f2fa,0,0,0|v,ff000080,0,20 43 18 1