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Federated Hermes Income Securities Trust
fund voting report, part of Federated Hermes
- Vote records reported
- 2,939year to 30 June 2026
- Against management
- 5.9%171 of 2,913 marked votes
- Say-on-pay support
- 95.0%for, of for + against + abstain
- Shareholder-proposal support
- 30.5%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 Income Securities Trust listed 2,939 vote records. Votes against management made up 5.9% of those marked either way (171 of 2,913); the median fund registrant stood at 6.2%.
Weighted by the number of shares voted, the against-management share is 4.6%. 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 95.0% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 30.5% 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 (29.1% of 55), CORPORATE GOVERNANCE (27.3% of 183) and OTHER SOCIAL ISSUES (12.1% of 58).
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 | 5.9% | 6.2% | 10.6% |
| Say-on-pay support rate | 95.0% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 30.5% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 0.00% | 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 | 1,976 | 1,882 | 68 | 3.9% | |
| SECTION 14A SAY-ON-PAY VOTES | 186 | 172 | 9 | 4.9% | |
| AUDIT-RELATED | 217 | 215 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 57 | 34 | 21 | 29.1% | |
| EXTRAORDINARY TRANSACTIONS | 4 | 4 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 68 | 67 | 1 | 7.4% | |
| COMPENSATION | 98 | 86 | 10 | 6.3% | |
| CORPORATE GOVERNANCE | 183 | 169 | 14 | 27.3% | |
| ENVIRONMENT OR CLIMATE | 46 | 0 | 46 | 0.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 30 | 0 | 30 | 0.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 16 | 2 | 14 | 12.5% | |
| OTHER SOCIAL ISSUES | 58 | 10 | 47 | 12.1% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 3,477 | 5.0% | 98.0% | 23.0% | |
| year to 30 June 2025 | 3,008 | 4.6% | 94.2% | 17.2% | |
| year to 30 June 2026 | 2,939 | 5.9% | 95.0% | 30.5% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Federated Hermes Income Securities Trust voted against management on 5 of the 100 it marked either way (5.0%) in the year to 30 June 2026.
- Thermo Fisher Scientific Inc. 20 May 2026
- Citigroup Inc. 20 May 2026
- BlackRock, Inc. 20 May 2026
- Prologis, Inc. 28 Apr 2026
- Marvell Technology, Inc. 25 Jun 2026
Shareholder proposals it supported
Of 132 proposals from security holders that could be told apart in the filings and on which it cast a vote, Federated Hermes Income Securities Trust voted for 39 (29.5%). 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 |
| CHEVRON CORPORATION | 27 May 2026 | Adopt an Independent Chair |
| Bank of America Corporation | 4 May 2026 | Shareholder proposal requesting independent board chair |
| UnitedHealth Group Incorporated | 1 Jun 2026 | If properly presented at the 2026 Annual Meeting of Shareholders, the shareholder proposal requesting the... |
| 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 |
| Wells Fargo & Company | 28 Apr 2026 | Require Independent Board Chair |
| ConocoPhillips | 12 May 2026 | Stockholder Proposal - Independent Board Chairman. |
| 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... |
| Micron Technology, Inc. | 15 Jan 2026 | Reduce Ownership Threshold for Shareholders to Call Special Meeting |
| 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 |
| Intercontinental Exchange, Inc. | 15 May 2026 | A stockholder proposal regarding independent board chairman |
| Cummins Inc. | 12 May 2026 | Shareholder proposal to adopt a policy for separation of the roles of Chairperson and Chief Executive Officer. |
| L3Harris Technologies, Inc. | 11 May 2026 | Shareholder Proposal titled "Improve Shareholder Ability to Call for a Special Shareholder Meeting". |
| Northrop Grumman Corporation | 20 May 2026 | Shareholder proposal to provide for an independent Board chair. |
| Marvell Technology, Inc. | 25 Jun 2026 | To consider and act on one stockholder proposal, entitled "Independent Board Chairman" |
| United Rentals, Inc. | 8 May 2026 | Advisory approval of executive compensation |
| Equinix, Inc. | 13 May 2026 | Consideration and vote upon a stockholder proposal, if properly presented at the Annual Meeting, related... |
| Dover Corporation | 8 May 2026 | To consider a shareholder proposal requesting an independent board chair. |
| Stanley Black & Decker, Inc. | 24 Apr 2026 | To consider and vote on a shareholder proposal requesting an independent Board Chairman. |
| PENN Entertainment, Inc. | 16 Jun 2026 | Declassify the board of directors |
Shares on loan
Federated Hermes Income Securities Trust reported no shares on loan for the year to 30 June 2026. 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
2 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 Muni and Stock Advantage Fund | 1,478 | 5.9% | 95.5% | 30.1% |
| Federated Hermes Capital Income Fund | 1,461 | 5.9% | 94.6% | 31.0% |
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 0001623632-26-001315
- Every N-PX filing by this filer on EDGAR
Questions
How did Federated Hermes Income Securities Trust vote on executive pay?
In the year to 30 June 2026 Federated Hermes Income Securities Trust reported 181 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 172 were for (95.0%), 9 against and 0 abstentions. Counting one item per company meeting, it voted against management on 5 of the 100 say-on-pay items it marked either way.
How often does Federated Hermes Income Securities Trust vote against management?
5.9% of the time in the year to 30 June 2026: 171 of the 2,913 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 Income Securities Trust support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 46 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 30.5% 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 Income Securities Trust (filer no. 789281), 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.