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)
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, 2008
Item 1. Proxy Voting Record.
Name of Fund: | Hennessy Balanced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Merck & Co., Inc. | 4/22/2008 | 589337107 | MRK | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1 Directors | issuer/shareholder | ||||
2. Rat appt of ind reg publ a/c'ing firm | ||||||
3. Stkhldr prop: concerning mangement Comp | ||||||
4. Stkhldr prop: Concerning an adv vote on exe comp | ||||||
5. stkholdr prop: concerning special shrhldr meeting | ||||||
6. Stkhldr prop: concerning an ind lead director | ||||||
Name of Fund: | Hennessy Balanced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
General Electric | 4/23/2008 | 369604103 | GE | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1 Directors | issuer/ | ||||
2. Cumulative voting | ||||||
3. Separate roles CEO and Chair | ||||||
4. Recoup unearned mgmnt bonuese | ||||||
5. Curb over=extended directos | ||||||
6. Report on charitable contributions | ||||||
7. Global warming report | ||||||
8. Advisory vote on executive comp. | ||||||
Name of Fund: | Hennessy Balance | �� | ||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Citigroup Inc. | 4/22/2008 | 172967101 | C | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1 Directors | issuer/ | ||||
2. Rat KPMG | ||||||
3. Shrhldr prop: | ||||||
re a report on prior govt service of certain | ||||||
individuals | ||||||
re a report on political contributions | ||||||
re that exective comp be limited to 100 times | ||||||
the average comp paid to worldwide employees | ||||||
re that two candidates be nominated for each board position | ||||||
re the adoption of certain employment principles for | ||||||
exe officers. | ||||||
re that citi amend its GHG emissions policies | ||||||
re a report on how investment policies address | ||||||
or could address human righs issues | ||||||
re an ind board chairman | ||||||
re an advisory vote to ratify exe comp. | ||||||
Name of Fund: | Hennessy Balanced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Coca-Cola FEMSA | 4/8/2008 | 191241108 | KO | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Report of the boards, presentation of the fincl | issuer/ | ||||
statements | ||||||
2. Report w/respect to the compliance of tax | ||||||
obligations | ||||||
3. Application of the results for the 2007 fiscal yr. | ||||||
4. Determine as the max amount of resources to | ||||||
be used for share repurchase prog. | ||||||
5. Election of proprietary and alternate mambers | ||||||
6. Prop to integrate | ||||||
7. Appt of delegates | ||||||
8. Reading/approval of minutes | ||||||
Name of Fund: | Hennessy Balanced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Pfizer Incorporation | 4/24/2008 | 717081103 | PFE | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. Prop to rat. KPMG | ||||||
3. Shrhldr Prop: | ||||||
re stock otpions | ||||||
re separation of chairman and CEO roles | ||||||
Name of Fund: | Hennessy Balance | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
A T & T Corporation | 4/25/2008 | 00206R102 | T | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. Rat of appt. of ind auditors | ||||||
3. Stkhldr prop: | ||||||
report on political contributions | ||||||
pension credit policy | ||||||
Lead independent director bylaw | ||||||
SERP policy | ||||||
Advisory vote on compensation | ||||||
Name of Fund: | Hennessy Balance | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
E. I. Du Pont De | 4/30/2008 | 263534109 | DD | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer | ||||
2. Rat ind reg pub accounting firm | ||||||
3. on plant closure | ||||||
4. on separation of positions of chair and ceo | ||||||
5. on global warming report | ||||||
6. on amendment to human rights policy | ||||||
7. on shareholder say on executive pay | ||||||
Name of Fund: | Hennessy Balanced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Verizon Comm | 5/1/2008 | 92343V104 | VZ | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Drectors | issuer/shareholder | ||||
2. Rat appt ind. Reg pub a/c firm | ||||||
3. Eliminate stk options | ||||||
4. Gender identity nondisc. Policy | ||||||
5. Separate offices of Chairman and CEO | ||||||
Name of Fund: | Hennessy Balanced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Kraft Foods Inc. | 5/13/2008 | 50075N104 | KFT | |||
Vote: | MRV: n/a | �� | Proposal: | Proposed by Issuer or shareholder: | ||
Director's recommendations | 1. Drectors | issuer | ||||
2. Rat of the selelction of ind. Auditors | ||||||
Name of Fund: | Hennessy Balanced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
J P Morgan Chase | 5/20/2008 | 46625H100 | JPM | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Drectors | issuer | ||||
2. Appt. ind reg pub a/c firm | ||||||
3. Approval of 2005 l/t incentive plan | ||||||
4. Reapproval of key executive perf. Plan | ||||||
5. Government service reports | ||||||
6. Political contributions report | ||||||
7. Independent Chairman of the board | ||||||
8. Executive comp. Approval | ||||||
9. Two candidates per directorship | ||||||
10. Human righs and investment report | ||||||
11. Lobbying priorities report | ||||||
Name of Fund: | Hennessy Balanced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Owens-Illinois | 5/9/2008 | 690768403 | OI | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer | ||||
2. Rat Ernst & Young | ||||||
Name of Fund: | Hennessy Balanaced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
The Home Depot | 5/22/2008 | 437076102 | HD | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. Rat KPMG | ||||||
3. To approve the mat terms of officer perf. | ||||||
goals under the incentive plan | ||||||
4. To approve an amendment to the co empl. Stk | ||||||
purch pl to increase the number of res. Shs. | ||||||
Shrhldr props: | ||||||
re political nonpartisanship | ||||||
re special shrhldr meeting | ||||||
re employmet diversity report disclosure | ||||||
re executive officer comp. | ||||||
re pay-for- superior perf. | ||||||
Name of Fund: | Hennessy Balanaced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
General Motors | 6/3/2008 | 370442105 | GM | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. Rat. Of Deloitte & Touche | ||||||
Stkhldr Prop: | ||||||
disclosre of political contributions | ||||||
disclosure of political contributions | ||||||
healthcare reform principles | ||||||
stokhldr advisory vote on exe. Comp | ||||||
greenhouse gas emissions | ||||||
cumulative voting | ||||||
special stkhld meetings | ||||||
perf based equity comp | ||||||
Name of Fund: | Hennessy Balanaced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Altria Group Inc. | 5/28/2008 | 02209S103 | MO | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. Rat ind auditors | ||||||
Stkhldr Prop: | ||||||
executive pay | ||||||
cumulative voting | ||||||
apply globally practices demanded by master agreement | ||||||
stop youth oriented ad campaigns | ||||||
two cigarette approach to marketing | ||||||
endorse health care principles | ||||||
Name of Fund: | Hennessy Balanaced | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Fairpoint communications | 6/18/2008 | 305560104 | FRP | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. To rat. Appt of Ernst & Young | ||||||
3. To approve the l/t incentive plan | ||||||
4. To approve the 2008 annual incentive plan. |
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Merck & Co., Inc. | 4/22/2008 | 589337107 | MRK | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1 Directors | issuer/shareholder | ||||
2. Rat appt of ind reg publ a/c'ing firm | ||||||
3. Stkhldr prop: concerning mangement Comp | ||||||
4. Stkhldr prop: Concerning an adv vote on exe comp | ||||||
5. stkholdr prop: concerning special shrhldr meeting | ||||||
6. Stkhldr prop: concerning an ind lead director | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
General Electric | 4/23/2008 | 369604103 | GE | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1 Directors | issuer/ | ||||
2. Rat KPMG | ||||||
3. Stkholdr props: | ||||||
re a report on prior govt service of certain individuals | ||||||
re a report on prior govt service of certain individuals | ||||||
6. Report on charitable contributions | ||||||
7. Global warming report | ||||||
8. Advisory vote on executive comp. | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Citigroup Inc. | 4/22/2008 | 172967101 | C | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1 Directors | issuer/ | ||||
2. Rat KPMG | ||||||
3. Shrhldr prop: | ||||||
re a report on prior govt service of certain | ||||||
individuals | ||||||
re a report on political contributions | ||||||
re that exective comp be limited to 100 times | ||||||
the average comp paid to worldwide employees | ||||||
re that two candidates be nominated for each board position | ||||||
re the adoption of certain employment principles for | ||||||
exe officers. | ||||||
re that citi amend its GHG emissions policies | ||||||
re a report on how investment policies address | ||||||
or could address human righs issues | ||||||
re an ind board chairman | ||||||
re an advisory vote to ratify exe comp. | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Coca-Cola FEMSA | 4/8/2008 | 191241108 | KO | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Report of the boards, presentation of the fincl | issuer/ | ||||
statements | ||||||
2. Report w/respect to the compliance of tax | ||||||
obligations | ||||||
3. Application of the results for the 2007 fiscal yr. | ||||||
4. Determine as the max amount of resources to | ||||||
be used for share repurchase prog. | ||||||
5. Election of proprietary and alternate mambers | ||||||
6. Prop to integrate | ||||||
7. Appt of delegates | ||||||
8. Reading/approval of minutes | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Pfizer Incorporation | 4/24/2008 | 717081103 | PFE | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. Prop to rat. KPMG | ||||||
3. Shrhldr Prop: | ||||||
re stock otpions | ||||||
re separation of chairman and CEO roles | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
A T & T Corporation | 4/25/2008 | 00206R102 | T | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. Rat of appt. of ind auditors | ||||||
3. Stkhldr prop: | ||||||
report on political contributions | ||||||
pension credit policy | ||||||
Lead independent director bylaw | ||||||
SERP policy | ||||||
Advisory vote on compensation | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
E. I. Du Pont De | 4/30/2008 | 263534109 | DD | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer | ||||
2. Rat ind reg pub accounting firm | ||||||
3. on plant closure | ||||||
4. on separation of positions of chair and ceo | ||||||
5. on global warming report | ||||||
6. on amendment to human rights policy | ||||||
7. on shareholder say on executive pay | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Verizon Comm | 5/1/2008 | 92343V104 | VZ | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Drectors | issuer | ||||
2. Rat appt ind. Reg pub a/c firm | ||||||
3. Eliminate stk options | ||||||
4. Gender identity nondisc. Policy | ||||||
5. Separate offices of Chairman and CEO | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Kraft Foods Inc. | 5/13/2008 | 50075N104 | KFT | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Drectors | issuer | ||||
2. Rat of the selelction of ind. Auditors | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
J P Morgan Chase | 5/20/2008 | 46625H100 | JPM | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Drectors | issuer | ||||
2. Appt. ind reg pub a/c firm | ||||||
3. Approval of 2005 l/t incentive plan | ||||||
4. Reapproval of key executive perf. Plan | ||||||
5. Government service reports | ||||||
6. Political contributions report | ||||||
7. Independent Chairman of the board | ||||||
8. Executive comp. Approval | ||||||
9. Two candidates per directorship | ||||||
10. Human righs and investment report | ||||||
11. Lobbying priorities report | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Owens-Illinois | 5/9/2008 | 690768403 | OI | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer | ||||
2. Rat Ernst & Young | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
The Home Depot | 5/22/2008 | 437076102 | HD | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. Rat KPMG | ||||||
3. To approve the mat terms of officer perf. | ||||||
goals under the incentive plan | ||||||
4. To approve an amendment to the co empl. Stk | ||||||
purch pl to increase the number of res. Shs. | ||||||
Shrhldr props: | ||||||
re political nonpartisanship | ||||||
re special shrhldr meeting | ||||||
re employmet diversity report disclosure | ||||||
re executive officer comp. | ||||||
re pay-for- superior perf. | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
General Motors | 6/3/2008 | 370442105 | GM | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. Rat. Of Deloitte & Touche | ||||||
Stkhldr Prop: | ||||||
disclosre of political contributions | ||||||
disclosure of political contributions | ||||||
healthcare reform principles | ||||||
stokhldr advisory vote on exe. Comp | ||||||
greenhouse gas emissions | ||||||
cumulative voting | ||||||
special stkhld meetings | ||||||
perf based equity comp | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Altria Group Inc. | 5/28/2008 | 02209S103 | MO | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. Rat ind auditors | ||||||
Stkhldr Prop: | ||||||
executive pay | ||||||
cumulative voting | ||||||
apply globally practices demanded by master agreement | ||||||
stop youth oriented ad campaigns | ||||||
two cigarette approach to marketing | ||||||
endorse health care principles | ||||||
Name of Fund: | Hennessy Total Return | |||||
Period: | 6/30/07 to 7/1/08 | |||||
Company Name | Meeting Date | Cusip | Ticker | |||
Fairpoint communications | 6/18/2008 | 305560104 | FRP | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Director's recommendations | 1. Directors | issuer/shareholder | ||||
2. To rat. Appt of Ernst & Young | ||||||
3. To approve the l/t incentive plan | ||||||
4. To approve the 2008 annual incentive plan. | ||||||
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) Hennessy Funds, Inc.
By (Signature and Title)* /s/ Neil J. Hennessy
Neil J. Hennessy
Chief Executive Officer
Date 7/18/08