UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number (811-7493)
THE HENNESSY FUNDS, INC.
(Exact name of registrant as specified in charter)
THE COURTYARD SQUARE,
750 GRANT AVENUE, SUITE 100,
NOVATO, CA 94945
(Address of principal executive offices) (Zip code)
NEIL J. HENNESSY
HENNESSY ADVISORS, INC.
THE COURTYARD SQUARE
750 GRANT AVENUE
SUITE 100
NOVATO, CA 94945
(Name and address of agent for service)
1-800-966-4354
Registrant's telephone number, including area code
Date of fiscal year end:June 30
Date of reporting period:June 30, 2004
Item 1. Proxy Voting Record.
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
General Motors | 8/1/2003 | 370442105 | GM | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Approv. Of Charter | Issuer | ||||
2. Rat. Of nu Hughes Certs. | |||||
3. Rat. Of Hughes split-off | |||||
4. Rat. Of Gm stock sale | |||||
5. Rat. Nu stck acquist. | |||||
6. Aprov. Of 2nd GM Chrtr | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Caterpillar Inc. | 4/14/2004 | 149123101 | CAT | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Amend opt. Pl. | |||||
3. rat auditors | |||||
4. stkhlder right pln | |||||
5. stkhlder prop sale of equip. | |||||
to Israel | |||||
6. stkhlder prop-hivaids | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Medco Health Sol. | 4/21/2004 | 58405U102 | MHS | ||
Vote:Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat. Appt. Pricewaterhouse ind suditors 2004 | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
General Elect. | 4/28/2004 | 369604103 | GE | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Independent Auditor | |||||
3. Rev Goals fo EO | |||||
4. Cumulative voting | |||||
5. animal testing | |||||
6. nuclear risk | |||||
7. Rept PCB Cleanup goals | |||||
8. Offshore sourcing | |||||
9. Sustainablity Inde | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
SBC Comm | 4/30/2004 | 78387G103 | SBC | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Appt. of ind. Auditors | |||||
3. Apprv amend. To SBC bylaws | |||||
4. Stckhlder prop. A | |||||
5. Stckholder prop. B | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Altira Group | 4/29/2004 | 02209S103 | AT | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Rat indep. Auditors | |||||
3. stkhldr prop 1 | |||||
4. stkhldr prop 2 | |||||
5. stkhldr prop 3 | |||||
6. stkholdr prop 4 | |||||
7. stkholdr prop 5 | |||||
8. stkholdr prop 6 | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Merck & Co. | 4/27/2004 | 589331107 | MRK | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/Shareholder | ||||
2. Rat appt. of ind. Auditors '04 | |||||
3. Prop restate cert. Of inc. | |||||
4. Stckhldr porp mgmnt comp. | |||||
5. stckhldr prop ext. of drug patents | |||||
6. stckhldr prop ethical/perf. Of co. | |||||
7. stckhldr prop shreldr res. For polit. | |||||
purposes. | |||||
8. stckholdr prop re global HIV/AIDS | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Citigroup Inc. | 4/20/2004 | 172967101 | C | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Prop rat. KPMG auditors | |||||
3.stckhldr porp curb on exe. Comp. | |||||
4. stckhldr prop req rpt on polit. Contrib. | |||||
5.stckhldr prop discontin all rites of options | |||||
6. stckhldr prop req chariman no mgmnt | |||||
duties, titles or respon. | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Honeywell Intl | 4/26/2004 | 438516106 | HON | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Appt. indep. Accountants | |||||
3. annual elect. Of directors | |||||
4. Shareowner voting prov. | |||||
5. Shareowner input-goldn parachutes | |||||
6. Resolution on pay disparity | |||||
7. cumulative voting | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
E I Du Pont | 4/28/2004 | 2 | DD | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat. Accountants | |||||
3. Rat on Govt. serv. | |||||
4. Rat on intl workplace standards | |||||
5. rat on exe. Comp. | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Alcoa Inc. | 4/30/2003 | 13817101 | AA | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Prop to apprv '04 stk inc. plan | |||||
3. Shrlhldr prop relating to pay disparity | |||||
4. Shrlhldr prop relating to contr serv. | |||||
Plan. | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
A T & T | 5/19/2004 | 1957505 | T | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat. Of auditors | |||||
3. Apprv 2004 LT incent. Prog. | |||||
4. Term limits to outside directors | |||||
5. Poison pill | |||||
6. Sep. chair and CEO | |||||
7. Executive compensation | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
International Paper | 5/11/2004 | 460146103 | IP | ||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
Vote: Not Voted | 1. Directors | Issuer | |||
2. Rat. Deloitte ind. Auditor 2004 | |||||
3. Apprvl amend LT incent. Comp. Plan | |||||
4. Reaffirm perf. Goals under LT Plan | |||||
5. Prop. Relating to limit comp. Of CEO | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Exxon Mobil | 5/26/2004 | 30231G102 | XOM | ||
Vote:Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat. Ind. Auditors | |||||
3. Apprvl 2004 non-empl dir. Rest stk plan | |||||
4. Plitical contrib. | |||||
5. Political contrib report | |||||
6. Media respon on equa. Guinea | |||||
7. Board Char/CEO | |||||
8. Exec. Comp. | |||||
9. Equity Comp. Rept. | |||||
10. Amndmnt of EEO policy | |||||
11. Climate science report | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Genl Mtrs | 6/2/2004 | 370442105 | GM | ||
Vote:Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat. Select. Of ind. a/cs | |||||
3. Eliminate opts., SARS, and Severance paymnt | |||||
4. Eliminateawarding repricing or ren. Stk opts. | |||||
5. Req. ind. Chair sep from CEO | |||||
6. Appt. ind diectors to key bd comm. | |||||
7. Report on Greenhouse Gas | |||||
8. Approve Golden parachutes | |||||
9. Req. Sr. Exec. And dir. Retain stk options | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
JP Morgan Chase | 5/25/2004 | 46625H100 | JPM | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Director | Issuer | ||||
2. Merger Prop | |||||
3. Appt. External auditor | |||||
4. Re-apprvl of key exe perf. Plan | |||||
5. Adjournmnt of mting | |||||
6. Director term limit | |||||
7. Charitable contrib. | |||||
8. Political contributions | |||||
9. separation of char/CEO | |||||
10. Deriv. Disclosure | |||||
11. Auditor indep. | |||||
12. Director comp. | |||||
13. Pay disparity | |||||
Name of Fund: | Hennessy Balanced Fund | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Eastman Kodak | 5/12/2004 | 277461109 | EK | ||
Vote:Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Rat ind. Accouts. | |||||
3. Re-apprvl of material tms of perf goals | |||||
4. Shrhldr prop req. adopt. Of chemicals policy | |||||
5. shrhldr prop req. limits on comp of cert exe. | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
General Motors | 8/1/2003 | 370442105 | GM | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | ||
1. Approv. Of Charter | Issuer | ||||
2. Rat. Of nu Hughes Certs. | |||||
3. Rat. Of Hughes split-off | |||||
4. Rat. Of Gm stock sale | |||||
5. Rat. Nu stck acquist. | |||||
6. Aprov. Of 2nd GM Chrtr | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Caterpillar Inc. | 4/14/2004 | 149123101 | CAT | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Amend opt. Pl. | |||||
3. rat auditors | |||||
4. stkhlder right pln | |||||
5. stkhlder prop sale of equip. | |||||
to Israel | |||||
6. stkhlder prop-hivaids | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Medco Health Sol. | 4/21/2004 | 58405U102 | MHS | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat. Appt. Pricewaters ind auditors 2004 | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
General Elect. | 4/28/04 | 369604103 | GE | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Independent Auditor | |||||
3. Rev Goals fo EO | |||||
4. Cumulative voting | |||||
5. animal testing | |||||
6. nuclear risk | |||||
7. Rept PCB Cleanup goals | |||||
8. Offshore sourcing | |||||
9. Sustainablity Inde | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
SBC Comm | 4/30/2004 | 78387G103 | SBC | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Appt. of ind. Auditors | |||||
3. Apprv amend. To SBC bylaws | |||||
4. Stckhlder prop. A | |||||
5. Stckholder prop. B | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Merck & Co. | 4/27/2004 | 589331107 | MRK | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/Shareholder | ||||
2. Rat appt. of ind. Auditors '04 | |||||
3. Prop restate cert. Of inc. | |||||
4. Stckhldr porp mgmnt comp. | |||||
5. stckhldr prop ext. of drug patents | |||||
6. stckhldr prop ethical/perf. Of co. | |||||
7. stckhldr prop shreldr res. For polit. | |||||
purposes. | |||||
8. stckholdr prop re global HIV/AIDS | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Citigroup Inc. | 4/20/2004 | 172967101 | C | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Prop rat. KPMG auditors | |||||
3.stckhldr porp curb on exe. Comp. | |||||
4. stckhldr prop req rpt on polit. Contrib. | |||||
5.stckhldr prop discontin all rites of options | |||||
6. stckhldr prop req chariman no mgmnt | |||||
duties, titles or respon. | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Honeywell Intl | 4/26/2004 | 438516106 | HON | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Appt. indep. Accountants | |||||
3. annual elect. Of directors | |||||
4. Shareowner voting prov. | |||||
5. Shareowner input-goldn parachutes | |||||
6. Resolution on pay disparity | |||||
7. cumulative voting | |||||
�� | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
E I Du Pont | 4/28/04 | 263534109 | DD | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat. Accountants | |||||
3. Rat on Govt. serv. | |||||
4. Rat on intl workplace standards | |||||
5. rat on exe. Comp. | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Alcoa Inc. | 4/30/2004 | 13817101 | AA | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Prop to apprv '04 stk inc. plan | |||||
3. Shrlhldr prop relating to pay disparity | |||||
4. Shrlhldr prop relating to contr serv. | |||||
Plan. | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
A T & T | 5/19/2004 | 1957505 | T | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat. Of auditors | |||||
3. Apprv 2004 LT incent. Prog. | |||||
4. Term limits to outside directors | |||||
5. Poison pill | |||||
6. Sep. chair and CEO | |||||
7. Executive compensation | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
International Paper | 5/11/2004 | 460146103 | IP | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat. Deloitte ind. Auditor 2004 | |||||
3. Apprvl amend LT incent. Comp. Plan | |||||
4. Reaffirm perf. Goals under LT Plan | |||||
5. Prop. Relating to limit comp. Of CEO | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Exxon Mobil | 5/26/2004 | 30221G102 | XOM | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | issuer | ||||
2. Rat. Ind. Auditors | |||||
3. Apprvl 2004 non-empl dir. Rest stk plan | |||||
4. Plitical contrib. | |||||
5. Political contrib report | |||||
6. Media respon on equa. Guinea | |||||
7. Board Char/CEO | |||||
8. Exec. Comp. | |||||
9. Equity Comp. Rept. | |||||
10. Amndmnt of EEO policy | |||||
11. Climate science report | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Genl Mtrs | 6/2/2004 | 370442105 | GM | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat. Select. Of ind. a/cs | |||||
3. Eliminate opts., SARS, and Severance paymnt | |||||
4. Eliminateawarding repricing or ren. Stk opts. | |||||
5. Req. ind. Chair sep from CEO | |||||
6. Appt. ind diectors to key bd comm. | |||||
7. Report on Greenhouse Gas | |||||
8. Approve Golden parachutes | |||||
9. Req. Sr. Exec. And dir. Retain stk options | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
JP Morgan Chase | 5/25/2004 | 46625H100 | JPM | ||
Vote: Not voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Director | Issuer | ||||
2. Merger Prop | |||||
3. Appt. External auditor | |||||
4. Re-apprvl of key exe perf. Plan | |||||
5. Adjournmnt of mting | |||||
6. Director term limit | |||||
7. Charitable contrib. | |||||
8. Political contributions | |||||
9. separation of char/CEO | |||||
10. Deriv. Disclosure | |||||
11. Auditor indep. | |||||
12. Director comp. | |||||
13. Pay disparity | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/03 to 6/30/04 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Eastman Kodak | 5/12/2004 | 277461109 | EK | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Rat ind. Accouts. | |||||
3. Re-apprvl of material tms of perf goals | |||||
4. Shrhldr prop req. adopt. Of chemicals policy | |||||
5. shrhldr prop req. limits on comp of cert exe. | |||||
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Hennessy Funds, Inc.
By (Signature and Title)*/s/ Teresa M. Nilsen, Treasurer
Teresa M. Nilsen, Treasurer
DateMarch 18, 2005
* Print the name and title of each signing officer under his or her signature.