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 (811-07493)
THE HENNESSY FUNDS, INC.
(Exact name of registrant as specified in charter)
7250 REDWOOD BLVD, SUITE 200
NOVATO, CA 94945
(Address of principal executive offices) (Zip code)
NEIL J. HENNESSY
7250 REDWOOD BLVD, SUITE 200
NOVATO, CA 94945
(Name and address of agent for service)
Registrant's telephone number, including area code: 1-800-966-4354
Date of fiscal year end: October 31
Date of reporting period: June 30, 2007
Item 1. Proxy Voting Record.
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
General Electric | 4/25/2007 | 369604103 | GE | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat KPMG | |||||
3. Adt. Of maj. Voting for directors | |||||
4. Apprvl 2007 l/t incentive plan | |||||
5. Apprvl mat. Terms of sr officer perf goals | |||||
6. Cumulative voting | |||||
7. curb over extended directros | |||||
8. One director from the ranks of retirees | |||||
9. Ind. Board chairman | |||||
10. Elminate div. Equivalents | |||||
11. Report on charitable contributions | |||||
12. Global warming report | |||||
13. Ethical criteria for military contracts | |||||
14. Report on pay differential | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Citigroup Inc. | 4/17/2007 | 172967101 | C | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Stkhldr Props: | |||||
req a report on prior govt service of certain indiv. | |||||
req. a report on political contributions | |||||
req. a report on charitable contributions | |||||
req. an advisory resolution to rat. Executive comp | |||||
req. that CEO comp be limited to no moe than 100 | |||||
times the average comp paid to worldwide emloyees | |||||
req. that the chairman have no management duties, | |||||
titles, or reponsibilities | |||||
req. that stock options be subject to a five year sales | |||||
req that stock options be subject to a five year | |||||
sales restriction | |||||
req cumulative voting | |||||
req that stockholders have the right to call special | |||||
shareholder meetings. | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Pfizer Inc. | 4/26/2007 | 717081103 | PFE | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directros | Issuer/shareholder | ||||
2. Prop rat KPMG | |||||
3. Shrlder props: | |||||
req. cumulative voting | |||||
req. a report on the ratinale for exporting animal | |||||
experimentation. | |||||
req. a report on the feasibility of amending Pfizers | |||||
corp. policy on lab animal care and use. | |||||
req. qualifications for director nominees. | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Coca Cola Co | 4/18/2007 | 191216100 | KO | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. rat Ernst & Young | |||||
3. Approval of perf incentive plan | |||||
4. Stkholder prop: | |||||
re management comp | |||||
re an advisory vote on the comp committee report | |||||
re chemical and biological testing | |||||
re study and report on extraction of water in India | |||||
re restricted stock | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
E I Du Pont De | 4/25/2007 | 263534109 | DD | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat ind reg pub a/c ing firm | |||||
3. equity and incentive plan | |||||
4. on genetically modified food | |||||
5. on plant closure | |||||
6. on report on PFOA | |||||
7. on costs | |||||
8. on global warming | |||||
9. on chemical facility security | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
A T & T | 4/27/2007 | 00206R102 | T | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Rat apt of ind. Auditors | |||||
3. Approve severance policy | |||||
4. Stkholder Props: | |||||
Proposals A thru E | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Altria Group Inc. | 4/26/2007 | 02209S103 | MO | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Rat selection of ind auditors | |||||
3. Skhldr Props: | |||||
cumulative voting | |||||
informing children of their rights if forced to incur | |||||
secondhand smoke | |||||
stop all company sponsored campaigns allegedly | |||||
oriented to prevent youth from smoking | |||||
get out of traditional tobacco business by 2010 | |||||
animal welfare policy | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Verizon | 5/3/2007 | 92343V104 | VZ | ||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
Director's recommendations | 1. Directors | Issuer/shareholder | |||
2. Rat appt. of ind. Reg. Publ a/cing firm. | |||||
3. Eliminate Stock options | |||||
4. Shldr approval of future serverance agreements | |||||
5. Comp consultant disclosure | |||||
6. Advisory vote on exe. Comp. | |||||
7 Limit service on outside boards | |||||
8. Shldr approval of future poison pill | |||||
9. Report on charitable contributions. | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Idearc Inc. | 4/19/2007 | 451663108 | IAR | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat Ernst & Young for 2007. | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
JP Morgan | 5/15/2007 | 46625H100 | JPM | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Appt. of ind. Reg. Publ a/cing firm. | |||||
3. Stock options | |||||
4. Perf based rest. Stock | |||||
5. Executive comp approval | |||||
6. Separate chairman | |||||
7. Cumulative voting | |||||
8. Majority voting for directors | |||||
9. Political Contributions report | |||||
10. Slavery apology report | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Altira Group | 4/26/2007 | 02209S103 | MO | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Rat ind auditors | |||||
3. Stkhldr prop: | |||||
re cumulative voting | |||||
re informing children of their rights if forced to incur | |||||
2nd hand smoke | |||||
re stop all company sponsored campaigns allegedly oriented | |||||
to prevent youth form smoking | |||||
re get out of traditional tobacco business by 2010 | |||||
re animal welfare policy | |||||
Name of Fund: | Hennessy Total Return | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
General Motors | 6/5/2007 | 370442105 | GM | ||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
Director's recommendations | 1. Directors | Issuer/shareholder | |||
2. Rat Deloitte & Touche 2007 | |||||
3. 2007 Annual incentive plan | |||||
4. 2007 l/t incentinve plan | |||||
5. Stockholders props: | |||||
re plitical contributions | |||||
limit on directorships of GM board members | |||||
Greenhouse gas emissions | |||||
cumulative voting | |||||
approval of a "poison pill" | |||||
special stockholder meeting | |||||
perf. Based equity comp. | |||||
recouping unearned incentive bonuses | |||||
optimum board size | |||||
simple majortiy vote. | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
General Electric | 4/25/2007 | 369604103 | GE | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat KPMG | |||||
3. Adt. Of maj. Voting for directors | |||||
4. Apprvl 2007 l/t incentive plan | |||||
5. Apprvl mat. Terms of sr officer perf goals | |||||
6. Cumulative voting | |||||
7. curb over extended directros | |||||
8. One director from the ranks of retirees | |||||
9. Ind. Board chairman | |||||
10. Elminate div. Equivalents | |||||
11. Report on charitable contributions | |||||
12. Global warming report | |||||
13. Ethical criteria for military contracts | |||||
14. Report on pay differential | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Citigroup Inc. | 4/17/2007 | 172967101 | C | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Stkhldr Props: | |||||
req a report on prior govt service of certain indiv. | |||||
req. a report on political contributions | |||||
req. a report on charitable contributions | |||||
req. an advisory resolution to rat. Executive comp | |||||
req. that CEO comp be limited to no moe than 100 | |||||
times the average comp paid to worldwide emloyees | |||||
req. that the chairman have no management duties, | |||||
titles, or reponsibilities | |||||
req. that stock options be subject to a five year sales | |||||
req that stock options be subject to a five year | |||||
sales restriction | |||||
req cumulative voting | |||||
req that stockholders have the right to call special | |||||
shareholder meetings. | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Pfizer Inc. | 4/26/2007 | 717081103 | PFE | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directros | Issuer/shareholder | ||||
2. Prop rat KPMG | |||||
3. Shrlder props: | |||||
req. cumulative voting | |||||
req. a report on the ratinale for exporting animal | |||||
experimentation. | |||||
req. a report on the feasibility of amending Pfizers | |||||
corp. policy on lab animal care and use. | |||||
req. qualifications for director nominees. | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Coca Cola Co | 4/18/2007 | 191216100 | KO | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. rat Ernst & Young | |||||
3. Approval of perf incentive plan | |||||
4. Stkholder prop: | |||||
re management comp | |||||
re an advisory vote on the comp committee report | |||||
re chemical and biological testing | |||||
re study and report on extraction of water in India | |||||
re restricted stock | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
E I Du Pont De | 4/25/2007 | 263534109 | DD | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat ind reg pub a/c ing firm | |||||
3. equity and incentive plan | |||||
4. on genetically modified food | |||||
5. on plant closure | |||||
6. on report on PFOA | |||||
7. on costs | |||||
8. on global warming | |||||
9. on chemical facility security | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
A T & T | 4/27/2007 | 00206R102 | T | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Rat apt of ind. Auditors | |||||
3. Approve severance policy | |||||
4. Stkholder Props: | |||||
Proposals A thru E | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Altria Group Inc. | 4/26/2007 | 02209S103 | MO | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Rat selection of ind auditors | |||||
3. Skhldr Props: | |||||
cumulative voting | |||||
informing children of their rights if forced to incur | |||||
secondhand smoke | |||||
stop all company sponsored campaigns allegedly | |||||
oriented to prevent youth from smoking | |||||
get out of traditional tobacco business by 2010 | |||||
animal welfare policy | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Idearc Inc. | 4/19/2007 | 451663108 | IAR | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Rat Ernst & Young for 2007. | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
JP Morgan | 5/15/2007 | 46625H100 | JPM | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer | ||||
2. Appt. of ind. Reg. Publ a/cing firm. | |||||
3. Stock options | |||||
4. Perf based rest. Stock | |||||
5. Executive comp approval | |||||
6. Separate chairman | |||||
7. Cumulative voting | |||||
8. Majority voting for directors | |||||
9. Political Contributions report | |||||
10. Slavery apology report | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Altira Group | 4/26/2007 | 02209S103 | MO | ||
Vote: Not Voted | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
1. Directors | Issuer/shareholder | ||||
2. Rat ind auditors | |||||
3. Stkhldr prop: | |||||
re cumulative voting | |||||
re informing children of their rights if forced to incur | |||||
2nd hand smoke | |||||
re stop all company sponsored campaigns allegedly oriented | |||||
to prevent youth form smoking | |||||
re get out of traditional tobacco business by 2010 | |||||
re animal welfare policy | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
Verizon | 5/3/2007 | 92343V104 | VZ | ||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
Director's recommendations | 1. Directors | Issuer/shareholder | |||
2. Rat appt. of ind. Reg. Publ a/cing firm. | |||||
3. Eliminate Stock options | |||||
4. Shldr approval of future serverance agreements | |||||
5. Comp consultant disclosure | |||||
6. Advisory vote on exe. Comp. | |||||
7 Limit service on outside boards | |||||
8. Shldr approval of future poison pill | |||||
9. Report on charitable contributions. | |||||
Name of Fund: | Hennessy Balanced | ||||
Period: | 7/1/06 to 6/30/07 | ||||
Company Name | Meeting Date | Cusip | Ticker | ||
General Motors | 6/5/2007 | 370442105 | GM | ||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer/Shareholder: | ||
Director's recommendations | 1. Directors | Issuer/shareholder | |||
2. Rat Deloitte & Touche 2007 | |||||
3. 2007 Annual incentive plan | |||||
4. 2007 l/t incentinve plan | |||||
5. Stockholders props: | |||||
re plitical contributions | |||||
limit on directorships of GM board members | |||||
Greenhouse gas emissions | |||||
cumulative voting | |||||
approval of a "poison pill" | |||||
special stockholder meeting | |||||
perf. Based equity comp. | |||||
recouping unearned incentive bonuses | |||||
optimum board size | |||||
simple majortiy vote. | |||||
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.
(Registrant) The Hennessy Funds, Inc.
By (Signature and Title)* /s/Neil J. Hennessy
Neil J. Hennessy
President and Principal Executive Officer
Date 7/26/07