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, 2011
Item 1. Proxy Voting Record.
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
A T & T, Inc. | 4/29/2011 | 014 154 800 | T | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Rat ind auditors | Issuer | For | |||
For | 3. Approve 2011 Incentive Plan | Issuer | For | |||
For | 4. Advisory vote on exe. Comp. | Issuer | For | |||
3 year | 5. Advisory vote on frequency of vote on exe. Comp | Issuer | 3 years | |||
Against | 6. Political contributions | shareholder | Against | |||
Against | 7. Special stockholder meetings | shareholder | Against | |||
Against | 8. Written consent | shareholder | Against | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Pfizer Incorp. | 4/28/2011 | 717 081 103 | PFE | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2, Rat KPMG | Issuer | For | |||
For | 3. Adv. Vote on exe. Comp | Issuer | For | |||
2 years | 4. Frequency of future vote on exe comp. | Issuer | 2 years | |||
Against | 5. Prop re publication of political contributions | shareholder | Against | |||
Against | 6. Prop re public policy initiatives | shareholder | Against | |||
Against | 7. Prop re pharmeaceutical price restraints | shareholder | Against | |||
Against | 8. Prop re action by written consent | shareholder | Against | |||
Against | 9. Prop re special shareholder meetings | shareholder | Against | |||
Against | 10. Prop re animal research | shareholder | Against | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Verizon Comm. | 5/5/2011 | 923 43V 104 | VZ | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Rat ind reg. public a/c firm | Issuer | For | |||
For | 3. Advisory vote related to exe. Comp. | Issuer | For | |||
1 years | 4. Frequency on votes for exe. Comp. | Issuer | 1 year | |||
Against | 5. Disclose prior goernment service | shareholder | Against | |||
Against | 6. Performan stock unite performance thresholds | shareholder | Against | |||
Against | 7. Cumulative voting | shareholder | Against | |||
Against | 8. Shareholder right to calla special meeting | shareholder | Against | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
The Coca-Cola Co. | 4/27/2011 | 191 216 100 | KO | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Rat Ernst & Young | Issuer | For | |||
For | 3. Approval of the performance measures under plan. | Issuer | For | |||
For | 4. Approval of the plan to preserve the tax deduct. Of awards. | Issuer | For | |||
For | 5. Advisory vote on exe. Comp | Issuer | For | |||
1 year | 6. Advisory vote on frequency of pay vote | Issuer | 1 year | |||
Against | 7. Proposal re a report on Bisphenol-A | shareholder | Against | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Kraft Foods, Inc. | 5/24/2011 | 500 75N 104 | KFT | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Advisory Vote on exe. Comp. | Issuer | For | |||
1 year | 3. Frequency of an exe. Comp vote. | Issuer | 1 years | |||
For | 4. Approval of 2006 stock comp. plan for non-employee Dire. | Issuer | For | |||
For | 5. Rat PricewaterhouseCoopers | Issuer | For | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
General Electric | 4/27/2011 | 369 604 103 | GE | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Rat KPMG | Issuer | For | |||
For | 3. Advisory resolution on exe. Comp | Issuer | For | |||
1 years | 4. Frequency of vuture votes on exe. Comp | Issuer | 1 year | |||
Against | 5. Cumulative voting | shareholder | Against | |||
Against | 6. Future Stock options | shareholder | Against | |||
Against | 7. Withdraw stock options granted to executives | shareholder | Against | |||
Against | 8. Climate change risk disclosure | shareholder | Against | |||
Against | 9. Transparency in animal research | shareholder | Against | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
McDonalds | 5/19/2011 | 580 135 101 | MCD | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Adv. On appmnt. Of ind reg public a/cing firm | Issuer | For | |||
For | 3. Adv. Vote on executive comp | Issuer | For | |||
1 Year | 4.Adv. Vote frequency of votes on exe. Comp | Issuer | For | |||
For | 5. Eliminate super majority voting requirements in Article 12. | Issuer | For | |||
For | 6. Eliminate super majority voting requirements in Aritcle 13. | Issuer | For | |||
For | 7. Eliminate super majority voting requirements in Article 14. | Issuer | For | |||
Against | 8. Adv. Vote on porp relating to classified board. | shareholder | Against | |||
Against | 9. Adv. Vote on prop relating to the use of controlled | shareholder | Against | |||
atmosphere stunning. | ||||||
Against | 10. Adv. Vote on prop relating to a report on children's nutrition | shareholder | Against | |||
Against | 11. Adv. Vote on prop relating to beverage containers. | shareholder | Against | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Frontier Comm. | 5/12/2011 | 359 06A 108 | FTR | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Adv. Prop. On executive comp. | Issuer | For | |||
1 year | 3. Frequency of vote on exe. Comp | Issuer | For | |||
Against | 4. A shareholder proposal. | shareholder | Against | |||
For | 5. Rat KPMG | Issuer | For | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Merck & Co. | 5/24/2011 | 589 33Y 105 | MRK | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Rat ind. Reg. public accounting firm. | Issuer | For | |||
For | 3. Adv. Vote on exe. Comp | Issuer | For | |||
3 years | 4. Frequency of votes for exe. Comp | Issuer | For | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Chevron Corp. | 5/25/2011 | 166 764 100 | CVX | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Rat ind. Reg. public a/cing firm. | Issuer | For | |||
For | 3. Adv. Vote on executive officer compensation | Issuer | For | |||
1 year | 4. Frequency of votes on executive officer comp. | Issuer | 1 year | |||
Against | 5. Ind director with environmental expertise | shareholder | Against | |||
Against | 6. Human rights committee | shareholder | Against | |||
Against | 7. Sustainablility metric for exe. Comp. | shareholder | Against | |||
Against | 8. Guidelines for country selection | shareholder | Against | |||
Against | 9. Financial risks from climate change | shareholder | Against | |||
Against | 10. Hydraulic fracturing | shareholder | Against | |||
Against | 11. Offshore oil wells | shareholder | Against | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Verizon Comm. | 5/5/2011 | 923 43V 104 | VZ | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Director | Issuer | For | |||
For | 2. Rat of ind. Reg. public a/c ing firm | Issuer | For | |||
For | 3. Adv. Vote related to exe. Comp. | Issuer | For | |||
1 year | 4. Frequency of votes on exe. Comp. | Issuer | For | |||
Against | 5. Disclose prior government service | shareholder | Against | |||
Against | 6. Performance stock unit performance thresholds. | shareholder | Against | |||
Against | 7. Cumulative voting | shareholder | Against | |||
Against | 8. Shareholder right to call a special meeting. | shareholder | Against | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Intel Corp. | 5/19/2011 | 458 140 100 | INTC | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Rat Ernst & Young | Issuer | For | |||
For | 3. Amendment of the 2006 equity incentive plan | Issuer | For | |||
For | 4. Amendment of the 2006 stock purchase plan | Issuer | For | |||
For | 5. Adv. Vote on executive comp. | Issuer | For | |||
No recommendation | 6. Frequency of votes for executive compenstation | Issuer | For | |||
Hennessy Balanced | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Home Depot | 6/2/2011 | 437 076 102 | HD | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Rat KPMG | Issuer | For | |||
For | 3. Advisory vote on executive compensation | Issuer | For | |||
1 year | 4. Frequency of votes for executive compensation | Issuer | 1 year | |||
For | 5. Implement shareholder ability to act by written consent | Issuer | For | |||
Against | 6. Prop re cumulative voting | shareholder | Against | |||
Against | 7. Prop re special shareholder meetings | shareholder | Against | |||
Against | 8. Prop re emplyment diversity report | shareholder | Against | |||
Against | 9. Prop re electioneering policies and contributions | shareholder | Against |
Hennessy Total Return | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Intel Corp. | 5/19/2011 | 458 140 100 | INTC | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Rat Ernst & Young | Issuer | For | |||
For | 3. Amendment of the 2006 equity incentive plan | Issuer | For | |||
For | 4. Amendment of the 2006 stock purchase plan | Issuer | For | |||
For | 5. Adv. Vote on executive comp. | Issuer | For | |||
No recommendation | 6. Frequency of votes for executive compenstation | Issuer | For | |||
Hennessy Total Return | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Frontier Comm | 5/12/2011 | 359 06A 108 | FTR | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Adv. Prop. On executive comp. | Issuer | For | |||
1 year | 3. Frequency of votes for exe. Compensation | Issuer | For | |||
Against | 4. Consider and vote on shareholder proposal | shareholder | Against | |||
For | 5. Rat. KPMG | Issuer | For | |||
Hennessy Total Return | ||||||
Period: | 7/1/10 to 6/30/11 | |||||
Company Name | Meeting Date | Cusip | Ticker | For/Against Mgmnt | ||
Home Depot | 6/2/2011 | 437 076 102 | HD | |||
Vote: | MRV: n/a | Proposal: | Proposed by Issuer or shareholder: | |||
For | 1. Directors | Issuer | For | |||
For | 2. Rat KPMG | Issuer | For | |||
For | 3. Advisory vote on executive compensation | Issuer | For | |||
1 year | 4. Frequency of votes for executive compensation | Issuer | 1 year | |||
For | 5. Implement shareholder ability to act by written consent | Issuer | For | |||
Against | 6. Prop re cumulative voting | shareholder | Against | |||
Against | 7. Prop re special shareholder meetings | shareholder | Against | |||
Against | 8. Prop re emplyment diversity report | shareholder | Against | |||
Against | 9. Prop re electioneering policies and contributions | shareholder | Against |
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 August 8, 2011