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Federated Hermes MDT Series
fund voting report, part of Federated Hermes
- Vote records reported
- 10,946year to 30 June 2026
- Against management
- 6.9%753 of 10,882 marked votes
- Say-on-pay support
- 92.7%for, of for + against + abstain
- Shareholder-proposal support
- 38.1%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
In its Form N-PX for the year to 30 June 2026, Federated Hermes MDT Series listed 10,946 vote records. Votes against management made up 6.9% of those marked either way (753 of 10,882); the median fund registrant stood at 6.2%.
Weighted by the number of shares voted, the against-management share is 7.8%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.
On pay and on shareholder proposals: it voted for 92.7% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 38.1% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (32.2% of 174), CORPORATE GOVERNANCE (32.2% of 286) and OTHER SOCIAL ISSUES (24.4% of 82).
It reported 68.7 million shares out on loan at record dates, 4.60% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.
| year to 30 June 2026 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 6.9% | 6.2% | 10.6% |
| Say-on-pay support rate | 92.7% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 38.1% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 4.60% | 0.00% | 3.12% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Votes by category
Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 7,604 | 7,123 | 223 | 5.7% | |
| SECTION 14A SAY-ON-PAY VOTES | 1,089 | 943 | 74 | 6.5% | |
| AUDIT-RELATED | 1,053 | 1,046 | 0 | 0.2% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 179 | 131 | 45 | 32.2% | |
| EXTRAORDINARY TRANSACTIONS | 29 | 29 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 121 | 113 | 8 | 12.5% | |
| COMPENSATION | 368 | 295 | 70 | 16.7% | |
| CORPORATE GOVERNANCE | 286 | 252 | 34 | 32.2% | |
| ENVIRONMENT OR CLIMATE | 56 | 0 | 56 | 0.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 53 | 0 | 53 | 0.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 26 | 3 | 23 | 11.5% | |
| OTHER SOCIAL ISSUES | 82 | 19 | 60 | 24.4% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 11,560 | 8.0% | 92.3% | 28.9% | |
| year to 30 June 2025 | 10,421 | 7.4% | 91.9% | 27.0% | |
| year to 30 June 2026 | 10,946 | 6.9% | 92.7% | 38.1% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Federated Hermes MDT Series voted against management on 42 of the 607 it marked either way (6.9%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.
- Thermo Fisher Scientific Inc. 20 May 2026
- Tesla, Inc. 6 Nov 2025
- Prologis, Inc. 28 Apr 2026
- Welltower Inc. 21 May 2026
- Marvell Technology, Inc. 25 Jun 2026
- Snowflake Inc. 29 Jun 2026
- Workday, Inc. 16 Jun 2026
- The Trade Desk, Inc. 4 May 2026
- The Estee Lauder Companies Inc. 13 Nov 2025
- Skyworks Solutions, Inc. 13 May 2026
- Moderna, Inc. 6 May 2026
- Pure Storage, Inc. 10 Jun 2026
- BXP, Inc. 21 May 2026
- Lumentum Holdings Inc. 19 Nov 2025
- BioMarin Pharmaceutical Inc. 2 Jun 2026
- Zurn Elkay Water Solutions Corporation 30 Apr 2026
- Adtalem Global Education Inc. 12 Nov 2025
- Moelis & Company 25 Jun 2026
- SL Green Realty Corp. 2 Jun 2026
- Ingevity Corporation 29 Apr 2026
- TeraWulf Inc. 9 Jun 2026
- The Macerich Company 1 Jun 2026
- PBF Energy Inc. 28 Apr 2026
- Park Hotels & Resorts Inc. 24 Apr 2026
- TG Therapeutics, Inc. 11 Jun 2026
- Bank of Hawaii Corporation 24 Apr 2026
- SSR Mining Inc. 7 May 2026
- C3.ai, Inc. 3 Oct 2025
- Newmark Group, Inc. 30 Dec 2025
- BlackLine, Inc. 7 May 2026
- AMN Healthcare Services, Inc. 1 May 2026
- Nabors Industries Ltd. 2 Jun 2026
- Flywire Corporation 2 Jun 2026
- Coursera, Inc. 10 Jun 2026
- Ramaco Resources, Inc. 10 Jun 2026
- Compass Minerals International, Inc. 5 Mar 2026
- Janux Therapeutics, Inc. 11 Jun 2026
- Hyster-Yale, Inc. 12 May 2026
- Camping World Holdings, Inc. 21 May 2026
- Bumble Inc. 4 Jun 2026
Shareholder proposals it supported
Of 202 proposals from security holders that could be told apart in the filings and on which it cast a vote, Federated Hermes MDT Series voted for 80 (39.6%). The 40 at the companies with the most reporting filers are listed. Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| Amazon.com, Inc. | 20 May 2026 | Shareholder proposal requesting a mandatory independent board chair policy |
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting... |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on AI data usage oversight |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| Visa Inc. | 27 Jan 2026 | Require Independent Board Chair |
| JPMorgan Chase & Co. | 19 May 2026 | Independent board chairman |
| Johnson & Johnson | 23 Apr 2026 | Independent Board Chair |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair. |
| AbbVie Inc. | 8 May 2026 | Stockholder Proposal - to Adopt a Policy to Require an Independent Chair |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Independent Board Chair |
| UnitedHealth Group Incorporated | 1 Jun 2026 | If properly presented at the 2026 Annual Meeting of Shareholders, the shareholder proposal requesting the... |
| PEPSICO, INC. | 6 May 2026 | Shareholder Proposal - Independent Board Chair. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to... |
| Tesla, Inc. | 6 Nov 2025 | Declassify the Board of Directors |
| Tesla, Inc. | 6 Nov 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| Advanced Micro Devices, Inc. | 13 May 2026 | Stockholder proposal requesting changes to the stockholder right to call a special meeting. |
| McDonald's Corporation | 20 May 2026 | Advisory Vote to Adopt Policy for an Independent Chair. |
| Verizon Communications Inc. | 21 May 2026 | Independent board chair |
| QUALCOMM Incorporated | 17 Mar 2026 | Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting." |
| Amgen Inc. | 19 May 2026 | Stockholder proposal to require an independent board chairman. |
| Bristol-Myers Squibb Company | 5 May 2026 | Require Independent Board Chair |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Lobbying Disclosure |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Special Shareholder Meeting Thresholds |
| Morgan Stanley | 14 May 2026 | Shareholder proposal requesting an independent Board Chairman |
| Gilead Sciences, Inc. | 30 Apr 2026 | To vote on a stockholder proposal requesting an independent Board Chair policy |
| PALANTIR TECHNOLOGIES INC. | 3 Jun 2026 | Stockholder proposal entitled "Political Spending Disclosure," |
| LOCKHEED MARTIN CORPORATION | 12 May 2026 | Stockholder Proposal Requiring Independent Board Chairman |
| Micron Technology, Inc. | 15 Jan 2026 | Reduce Ownership Threshold for Shareholders to Call Special Meeting |
| Palo Alto Networks, Inc. | 9 Dec 2025 | To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding... |
| Lam Research Corporation | 4 Nov 2025 | Stockholder proposal titled "Realistic Shareholder Ability to Call for a Special Shareholder Meeting," |
| Booking Holdings Inc. | 2 Jun 2026 | Non-binding stockholder vote on a proposal to avoid brand damage due to corporate political spending. |
| Colgate-Palmolive Company | 8 May 2026 | Stockholder proposal entitled "Independent Board Chairman." |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding annual vote regarding executive pay. |
| Meta Platforms, Inc. | 27 May 2026 | Shareholder proposal: OTHER SOCIAL ISSUES |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding disclosure of voting results by share class. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding dual class capital structure. |
| THE SOUTHERN COMPANY | 13 May 2026 | Stockholder proposal regarding independent board chairman |
| Target Corporation | 10 Jun 2026 | Require Independent Board Chair |
| Intercontinental Exchange, Inc. | 15 May 2026 | A stockholder proposal regarding independent board chairman |
| Ecolab Inc. | 7 May 2026 | Vote on a stockholder proposal regarding an independent board chair policy |
Shares on loan
Federated Hermes MDT Series reported 68.7 million shares on loan at record dates against 1.43 billion shares voted: 4.60% of the two together. Median fund registrant: 0.00%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.
Fund series in this filing
5 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.
| Series | Vote records | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|---|
| Federated Hermes MDT All Cap Core Fund | 2,744 | 6.3% | 95.3% | 36.9% |
| Federated Hermes MDT Small Cap Core Fund | 2,555 | 6.0% | 94.2% | 63.6% |
| Federated Hermes MDT Balanced Fund | 2,352 | 7.3% | 92.6% | 36.2% |
| Federated Hermes MDT Small Cap Growth Fund | 2,053 | 7.7% | 92.2% | 70.0% |
| Federated Hermes MDT Large Cap Growth Fund | 1,242 | 8.1% | 91.8% | 36.9% |
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 27 Aug 2026 accession 0001623632-26-001326
- Every N-PX filing by this filer on EDGAR
Questions
How did Federated Hermes MDT Series vote on executive pay?
In the year to 30 June 2026 Federated Hermes MDT Series reported 1,017 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 943 were for (92.7%), 74 against and 0 abstentions. Counting one item per company meeting, it voted against management on 42 of the 607 say-on-pay items it marked either way.
How often does Federated Hermes MDT Series vote against management?
6.9% of the time in the year to 30 June 2026: 753 of the 10,882 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.
Did Federated Hermes MDT Series support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 56 votes on proposals from security holders in the year to 30 June 2026 and voted for 0 of them (0.0%). Across every category it voted for 38.1% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.
Is this the result of the meetings?
No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.
Where does the data come from?
From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by Federated Hermes MDT Series (filer no. 1363526), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.