Home / Federated Hermes / Federated Hermes Equity Funds
Federated Hermes Equity Funds
fund voting report, part of Federated Hermes
- Vote records reported
- 8,541year to 30 June 2026
- Against management
- 6.4%542 of 8,475 marked votes
- Say-on-pay support
- 94.5%for, of for + against + abstain
- Shareholder-proposal support
- 31.3%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 Equity Funds listed 8,541 vote records. Votes against management made up 6.4% of those marked either way (542 of 8,475); the median fund registrant stood at 6.2%.
Weighted by the number of shares voted, the against-management share is 4.3%. 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 94.5% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 31.3% 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 (37.5% of 112), CORPORATE GOVERNANCE (10.8% of 593) and COMPENSATION (10.3% of 409).
It reported 64.5 million shares out on loan at record dates, 1.24% 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 | 6.4% | 6.2% | 10.6% |
| Say-on-pay support rate | 94.5% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 31.3% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 1.24% | 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 | 5,360 | 5,016 | 138 | 5.9% | |
| SECTION 14A SAY-ON-PAY VOTES | 711 | 607 | 35 | 5.2% | |
| AUDIT-RELATED | 782 | 778 | 1 | 0.1% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 116 | 94 | 19 | 37.5% | |
| EXTRAORDINARY TRANSACTIONS | 32 | 32 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 347 | 320 | 27 | 8.7% | |
| COMPENSATION | 410 | 358 | 51 | 10.3% | |
| CORPORATE GOVERNANCE | 614 | 541 | 59 | 10.8% | |
| ENVIRONMENT OR CLIMATE | 53 | 0 | 53 | 0.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 31 | 0 | 31 | 0.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 15 | 4 | 11 | 21.4% | |
| OTHER SOCIAL ISSUES | 68 | 19 | 48 | 8.8% | |
| OTHER | 2 | 0 | 2 | not reported |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 8,753 | 6.3% | 94.0% | 26.7% | |
| year to 30 June 2025 | 8,012 | 5.2% | 96.6% | 25.8% | |
| year to 30 June 2026 | 8,541 | 6.4% | 94.5% | 31.3% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Federated Hermes Equity Funds voted against management on 25 of the 494 it marked either way (5.1%) in the year to 30 June 2026.
- Tesla, Inc. 6 Nov 2025
- BlackRock, Inc. 20 May 2026
- Prologis, Inc. 28 Apr 2026
- Snowflake Inc. 2 Jul 2025
- Snowflake Inc. 29 Jun 2026
- The Trade Desk, Inc. 4 May 2026
- CoStar Group, Inc. 23 Jun 2026
- Pure Storage, Inc. 10 Jun 2026
- Cognex Corporation 29 Apr 2026
- Lumentum Holdings Inc. 19 Nov 2025
- Wayfair Inc. 21 May 2026
- Cadence Bank 6 Jan 2026
- TeraWulf Inc. 9 Jun 2026
- PBF Energy Inc. 28 Apr 2026
- Bank of Hawaii Corporation 24 Apr 2026
- SSR Mining Inc. 7 May 2026
- AMN Healthcare Services, Inc. 1 May 2026
- Verona Pharma Plc 24 Sep 2025
- Mobileye Global Inc. 18 Jun 2026
- Janux Therapeutics, Inc. 11 Jun 2026
- Merus N.V. 9 Dec 2025
- Hyster-Yale, Inc. 12 May 2026
- Bumble Inc. 4 Jun 2026
- Peapack-Gladstone Financial Corporation 29 Apr 2026
- Palisade Bio, Inc. 10 Jun 2026
Shareholder proposals it supported
Of 194 proposals from security holders that could be told apart in the filings and on which it cast a vote, Federated Hermes Equity Funds voted for 60 (30.9%). 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 |
| 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 |
| CHEVRON CORPORATION | 27 May 2026 | Adopt an Independent Chair |
| 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. |
| Verizon Communications Inc. | 21 May 2026 | Independent board chair |
| Pfizer Inc. | 23 Apr 2026 | Adopt an Independent Chair Policy |
| 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 |
| S&P Global Inc. | 20 May 2026 | Vote on a shareholder proposal to reduce the stock ownership threshold for calling a special shareholder... |
| 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 |
| Mondelez International, Inc. | 20 May 2026 | Shareholder proposal requesting adoption of an independent board chairman policy |
| EXXON MOBIL CORPORATION | 27 May 2026 | Require Independent Board Chair |
| Boston Scientific Corporation | 30 Apr 2026 | Stockholder proposal titled "Give Shareholders the Ability to Call for a Special Shareholder Meeting." |
| 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 |
| Ecolab Inc. | 7 May 2026 | Vote on a stockholder proposal regarding an independent board chair policy |
| PayPal Holdings, Inc. | 19 May 2026 | Stockholder Proposal - Reduce Threshold to Call Special Meetings of Stockholders. |
| Kimberly-Clark Corporation | 14 May 2026 | Stockholder Proposal to Require Independent Board Chair |
| The Travelers Companies, Inc. | 20 May 2026 | Require Independent Board Chair |
| The Sherwin-Williams Company | 22 Apr 2026 | Shareholder Proposal Regarding Shareholder Ability to Call a Special Meeting |
| Snowflake Inc. | 29 Jun 2026 | To consider and vote on, if properly presented at the meeting, a non-binding stockholder proposal... |
| Yum! Brands, Inc. | 14 May 2026 | Shareholder Proposal to Reduce the Percentage of Shares Required to Call a Special Meeting. |
| IDEXX Laboratories, Inc. | 12 May 2026 | Shareholder Proposal to Give Shareholders the Ability to Call for a Special Shareholder Meeting (Proposal... |
Shares on loan
Federated Hermes Equity Funds reported 64.5 million shares on loan at record dates against 5.16 billion shares voted: 1.24% 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
8 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 Small Cap Value Fund | 1,791 | 7.2% | 94.4% | 62.5% |
| Federated Hermes Kaufmann Fund | 1,302 | 7.0% | 94.2% | 34.0% |
| Federated Hermes MDT Mid Cap Growth Fund | 1,290 | 6.3% | 95.8% | 61.5% |
| Federated Hermes Kaufmann Small Cap Fund | 1,070 | 6.8% | 95.7% | 20.0% |
| Federated Hermes Prudent Bear Fund | 874 | 8.8% | 98.2% | 37.0% |
| Federated Hermes International Strategic Value Dividend Fund | 857 | 2.4% | 100.0% | 0.0% |
| Federated Hermes Strategic Value Dividend Fund | 727 | 2.8% | 97.2% | 26.2% |
| Federated Hermes Kaufmann Large Cap Fund | 630 | 8.9% | 89.2% | 28.6% |
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 0001623632-26-001305
- Every N-PX filing by this filer on EDGAR
Questions
How did Federated Hermes Equity Funds vote on executive pay?
In the year to 30 June 2026 Federated Hermes Equity Funds reported 642 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 607 were for (94.5%), 35 against and 0 abstentions. Counting one item per company meeting, it voted against management on 25 of the 494 say-on-pay items it marked either way.
How often does Federated Hermes Equity Funds vote against management?
6.4% of the time in the year to 30 June 2026: 542 of the 8,475 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 Equity Funds support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 53 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 31.3% 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 Equity Funds (filer no. 745968), 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.