Old Westbury Funds Inc. has made a significant update by filing an amended N-PX report, which restates votes for several of its funds. This action highlights the company's commitment to transparency and accuracy in its fund governance practices.

The filing, dated October 27, 2026, indicates that Old Westbury Funds is taking steps to ensure that its voting records are correct and reflect the true intentions of its shareholders. The amendment specifically addresses the votes for the Old Westbury Total Equity Fund, Old Westbury Large Cap Strategies Fund, and Old Westbury Small & Mid Cap Strategies Fund.

Background

Old Westbury Funds Inc. is an investment company based in Wilmington, Delaware. Its Central Index Key (CIK) is 0000909994, and it operates under the SEC file number 811-07912. The firm is known for its various mutual funds, including the Old Westbury Small & Mid Cap Strategies Fund, Old Westbury Large Cap Strategies Fund, Old Westbury All Cap Core Fund, and Old Westbury Total Equity Fund. The company has been active in the investment sector, filing multiple reports, including its recent N-PX and 40-17F2 forms.

What the Filing Says

The amended filing serves as a restatement of the previous N-PX report submitted on August 27, 2026. The explanatory notes in the filing state, "Old Westbury Funds, Inc. is filing this amendment as a restatement of the Form N-PX... to restate votes of the following series: Old Westbury Total Equity Fund, Old Westbury Large Cap Strategies Fund, and Old Westbury Small & Mid Cap Strategies Fund." This indicates a proactive approach to ensure the accuracy of shareholder voting records.

Impact

This amendment may affect investors in the mentioned funds, as it provides clarity on how their votes were counted and reported. Transparency in voting practices is crucial for maintaining investor trust and confidence in the management of their assets. Additionally, the investment industry as a whole may feel the impact, as firms are increasingly held to higher standards of accountability and transparency.

What's Next

The filing does not say what happens next. However, it is likely that Old Westbury Funds will continue to monitor its governance practices closely and ensure that all future filings are accurate and transparent.