ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-568 Value Line Fund, Inc. - ------------------------------------------------------------------------- (Exact name of registrant as specified in charter) 220 East 42nd Street, New York, NY 10017 - ------------------------------------------------------------------------- (Address of principal executive offices) David Henigson - ------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 212-907-1500 Date of Fiscal year-end: 12/31/2004 Date of reporting period: 7/1/2004 - 6/30/2005Item 1. Proxy Voting Record
| ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | |||
| Proposal Type | Voted? | Vote | For/Agnst Mgmt | ||||
| Abercrombie & Fitch | ANF | 002896207 | 6/15/05 | Annual | |||
| 1.01 | Elect Russell M. Gertmenian | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Archie M. Griffin | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Allan A. Tuttle | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Adopt the 2005 Long-Term Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| Adobe Systems Inc | ADBE | 00724F101 | 4/28/05 | Annual | |||
| 1.01 | Elect Carol Mills | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Colleen M. Pouliot | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Robert Sedgewick | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect John E. Warnock | MGMT | YES | FOR | FOR | ||
| 2 | Add Shares to Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Add Shares to Director Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 4 | Expense stock options | SHLDR | YES | ABSTAIN | AGNST | ||
| 5 | Require option shares to be held | SHLDR | YES | ABSTAIN | AGNST | ||
| 6 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Aetna Inc | AET | 00817Y108 | 4/29/05 | Annual | |||
| 1.01 | Elect Betsy Z. Cohen | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Barbara Hackman Franklin | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Jeffery E. Garten | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Earl G. Graves Sr. | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Gerald Greenwald | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Ellen M. Hancock | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Michael H. Jordan | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Edward J. Ludwig | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect Joseph P. Newhouse | MGMT | YES | FOR | FOR | ||
| 1.10 | Elect John W. Rowe | MGMT | YES | FOR | FOR | ||
| 1.11 | Elect Ronald A. Williams | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Reapprove option/bonus plan for OBRA | MGMT | YES | FOR | FOR | ||
| 4 | Reapprove option/bonus plan for OBRA | MGMT | YES | FOR | FOR | ||
| 5 | Adopt cumulative voting | SHLDR | YES | AGNST | FOR | ||
| 6 | Expense stock options | SHLDR | YES | ABSTAIN | AGNST | ||
| Affymetrix | 00826T108 | 6/16/05 | Annual | ||||
| 1.01 | Elect Stephen P.A. Fodor | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Dr.Paul Berg | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Susan D. Desmond-Hellmann | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect John D. Diekman | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Vernon R. Loucks Jr. | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Susan E. Siegel | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect David B. Singer | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect John A. Young | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Agilysys Inc | AGYS | 00847J105 | 7/28/04 | Annual | |||
| 1.01 | Elect Keith M. Kolerus | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Robert A. Lauer | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Robert G. McCreary III | MGMT | YES | FOR | FOR | ||
| 2 | Approve Board Size | MGMT | YES | FOR | FOR | ||
| 3 | Add Shares to Stock Option Plan | MGMT | YES | ABSTAIN | AGNST | ||
| Amend Stock Option Plan | |||||||
| Adopt Director Stock Option Plan | |||||||
| Ak Steel Holding Corp | AKS | 001547108 | 5/17/05 | Annual | |||
| 1.01 | Elect Richard A. Abdoo | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Donald V. Fites | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Bonnie Guiton Hill | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Robert H. Jenkins | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Lawrence A. Leser | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Daniel J. Meyer | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Shirley D. Peterson | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect James A. Thomson | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect James L. Wainscott | MGMT | YES | FOR | FOR | ||
| 2 | Extend Term of Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
| 3 | Amend long-term bonus plan | MGMT | YES | FOR | FOR | ||
| Allegheny Technologies Inc | ATI | 01741R102 | 4/22/05 | Annual | |||
| 1.01 | Elect Robert P. Bozzone | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect James C. Diggs | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Michael J. Joyce | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect W. Craig McClelland | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Louis J. Thomas | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Reapprove option/bonus plan for OBRA | MGMT | YES | FOR | FOR | ||
| American Eagle Outfitters Inc | AEOS | 02553E106 | 6/15/05 | Annual | |||
| 1.01 | Elect Michael G. Jesselson | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Roger S. Markfield | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Jay L. Schottenstein | MGMT | YES | FOR | FOR | ||
| 2 | Adopt the 2005 Stock Award and Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| Amgen Inc | AMGN | 031162100 | 5/11/05 | Annual | |||
| 1.01 | Elect David Baltimore | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Judith C. Pelham | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Kevin W. Sharer | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3.01 | Review or promote animal welfare | SHLDR | YES | AGNST | FOR | ||
| 3.02 | Link executive pay to social criteria | SHLDR | YES | AGNST | FOR | ||
| 3.03 | SP - Require option shares to be held | SHLDR | YES | ABSTAIN | AGNST | ||
| Anteon International | ANT | 03674E108 | 10/22/04 | Special | |||
| 1 | Adopt Employee Stock Purchase Plan | MGMT | YES | AGNST | AGNST | ||
| Anteon International | ANT | 03674E108 | 5/25/05 | Annual | |||
| 1.01 | Elect Frederick J. Iseman | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Gilbert F. Decker | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Paul David Miller | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Michael T. Smith | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Apple Computer Inc | AAPL | 037833100 | 4/21/05 | Annual | |||
| 1.01 | Elect Fred D. Anderson | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect William V. Campbell | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Millard S. Drexler | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Albert Gore Jr. | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Steven P Jobs | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Arthur D. Levinson | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Jerome B. York | MGMT | YES | FOR | FOR | ||
| 2 | Approve annual bonus plan | MGMT | YES | FOR | FOR | ||
| 3 | Adopt Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 4 | Add shares to employee stock purchase plan | MGMT | YES | AGNST | AGNST | ||
| 5 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 6 | Restrict executive compensation | SHLDR | YES | AGNST | FOR | ||
| Berry Petroleum | BRY | 085789105 | 5/11/05 | Annual | |||
| 1.01 | Elect William F. Berry | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Ralph B. Busch III | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect William E. Bush Jr. | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Stephen L. Cropper | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect J. Herbert Gaul Jr. | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect John A. Hagg | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Robert F. Heinemann | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Thomas J. Jamieson | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect Martin H. Young Jr. | MGMT | YES | FOR | FOR | ||
| 2 | Adopt Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
| Building Materials Holding Corp | BMHC | 120113105 | 5/3/05 | Annual | |||
| 1.01 | Elect Robert E. Mellor | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Alec F. Beck | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Sara L. Beckman | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect H. James Brown | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect James K. Jennings Jr | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect R. Scott Morrison Jr. | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Peter S. O'Neill | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Richard G. Reiten | MGMT | YES | FOR | FOR | ||
| 2 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Cal Dive International Inc | CDIS | 127914109 | 5/10/05 | Annual | |||
| 1.01 | Elect Martin R. Ferron | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Gordon F. Ahalt | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Anthony Tripodo | MGMT | YES | FOR | FOR | ||
| 2 | Approve technical amendments | MGMT | YES | FOR | FOR | ||
| 3 | Approve non-technical charter amendments | MGMT | YES | FOR | FOR | ||
| 4 | Adopt the 2005 Long Term Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| Canadian National Railway Co | 136375102 | 4/21/05 | Annual | ||||
| 1.01 | Elect Michael R. Armellino | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect A. Charles Baillie | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Hugh J. Bolton | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Purdy Crawford | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect J.V. Raymond Cyr | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Gordon D. Giffin | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect James K. Gray | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect E. Hunter Harrison | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect Edith E. Holiday | MGMT | YES | FOR | FOR | ||
| 1.10 | Elect V. Maureen Kempston Darkes | MGMT | YES | FOR | FOR | ||
| 1.11 | Elect Gilbert H. Lamphere | MGMT | YES | FOR | FOR | ||
| 1.12 | Elect Denis Losier | MGMT | YES | FOR | FOR | ||
| 1.13 | Elect Edward C. Lumley | MGMT | YES | FOR | FOR | ||
| 1.14 | Elect David G.A. McLean | MGMT | YES | FOR | FOR | ||
| 1.15 | Elect Robert Pace | MGMT | YES | FOR | FOR | ||
| 2 | Appoint outside auditors | MGMT | YES | FOR | FOR | ||
| 3 | Amend stock option plan | MGMT | YES | AGNST | AGNST | ||
| Carmax Inc | KMX | 143130102 | 6/21/05 | Annual | |||
| 1.01 | Elect W. Robert Grafton | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect William S. Kellogg | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Austin Ligon | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Add shares to the 2002 Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 4 | Add shares to the 2002 Non-Employee Directors Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| Carpenter Technology Corp | CRS | 144285103 | 10/25/04 | Annual | |||
| 1.01 | Elect I. Martin Inglis | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Peter N. Stephans | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Kathryn C. Turner | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Stephen M. Ward Jr. | MGMT | YES | FOR | FOR | ||
| 2 | Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||
| Chico's FAS Inc | CHS | 168615102 | 6/21/05 | Annual | |||
| 1.01 | Elect Marvin J. Gralnick | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect John W. Burden | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Stewart P. Mitchell | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect David F. Walker | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Citrix Systems Inc | CTXS | 177376100 | 5/5/05 | Annual | |||
| 1.01 | Elect Murray J. Demo | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect John W. White | MGMT | YES | FOR | FOR | ||
| 2 | Adopt Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Adopt employee stock purchase plan | MGMT | YES | AGNST | AGNST | ||
| 4 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| CKE Restaurants Inc | CKR | 12561E105 | 6/28/05 | Annual | |||
| 1.01 | Elect Peter Churm | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Daniel D. (Ron) Lane | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Andrew F. Puzder | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Janet E. Kerr | MGMT | YES | FOR | FOR | ||
| 2 | Adopt the 2005 Omnibus Incentive Compensation Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Add shares to the 1994 Employee Stock Purchase Plan | MGMT | YES | AGNST | AGNST | ||
| Cognizant Technology Solutions | CTSH | 192446102 | 6/14/05 | Annual | |||
| 1.01 | Elect Robert W. Howe | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Robert E. Weissman | MGMT | YES | FOR | FOR | ||
| 2 | Add shares to the 1999 Incentive Compensation Plan | MGMT | YES | ABSTAIN | AGNST | ||
| Amend Stock Incentive Plan | |||||||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Commercial Metals | CMC | 201723103 | 1/27/05 | Annual | |||
| 1.01 | Elect Dorothy G. Owen | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect J. David Smith | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Robert R. Womack | MGMT | YES | FOR | FOR | ||
| 2 | Amend Director Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Community Health Systems Inc | CYH | 203668108 | 5/25/05 | Annual | |||
| 1.01 | Elect Dale F. Frey | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect John A. Fry | MGMT | YES | FOR | FOR | ||
| 2 | Add shares to the 2000 Stock Option and Award Plan | MGMT | YES | ABSTAIN | AGNST | ||
| Amend Stock Incentive Plan | |||||||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 4 | Expense stock options | SHLDR | YES | ABSTAIN | AGNST | ||
| Costco Wholesale Corp | COST | 22160K105 | 1/27/05 | Annual | |||
| 1.01 | Elect Richard D. DiCerchio | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Richard M. Libenson | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect John W. Meisenbach | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Charles T. Munger | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Susan L. Decker | MGMT | YES | FOR | FOR | ||
| 2 | Amend Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
| 3 | Monitor/adopt ILO conventions | SHLDR | YES | AGNST | FOR | ||
| 4 | Preserve/report on natural habitat | SHLDR | YES | AGNST | FOR | ||
| 5 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Cree Inc | CREE | 225447101 | 11/4/04 | Annual | |||
| 1.01 | Elect F. Neal Hunter | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Charles M. Swoboda | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect John W. Palmour | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Dolph W. von Arx | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect James E. Dykes | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Robert J. Potter | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Harvey A. Wagner | MGMT | YES | FOR | FOR | ||
| 2 | Adopt Stock Option Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||
| CSX Corp | CSX | 126408103 | 5/4/05 | Annual | |||
| 1.01 | Elect Elizabeth E. Bailey | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect John B. Breaux | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Edward J. Kelly III | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Robert D. Kunisch | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Southwood J. Morcott | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect David M. Ratcliffe | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Charles E. Rice | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect William C. Richardson | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect Frank S. Royal | MGMT | YES | FOR | FOR | ||
| 1.10 | Elect Donald J. Shepard | MGMT | YES | FOR | FOR | ||
| 1.11 | Elect Michael J. Ward | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Restrict executive compensation | SHLDR | YES | AGNST | FOR | ||
| 4 | Eliminate supermajority provision | SHLDR | YES | FOR | AGNST | ||
| DST Systems Inc | DST | 233326107 | 5/10/05 | Annual | |||
| 1.01 | Elect Thomas A. McDonnell | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect M. Jeannine Strandjord | MGMT | YES | FOR | FOR | ||
| 2 | Adopt Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Adopt Director Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 4 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| EOG Resources Inc | EOG | 26875P101 | 5/3/05 | Annual | |||
| 1.01 | Elect George A. Alcorn | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Charles R Crisp | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Mark G. Papa | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Edmund P. Segner III | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect William D. Stevens | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect H. Leighton Steward | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Donald F. Textor | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Frank G. Wisner | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| Factset Research Systems Inc | FDS | 303075105 | 12/21/04 | Annual | |||
| 1.01 | Elect Joseph E. Laird Jr. | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect James J. McGonigle | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Charles J. Snyder | MGMT | YES | FOR | FOR | ||
| 2 | Adopt Stock Option Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||
| Genzyme Corp | GENZ | 372917104 | 5/26/05 | Annual | |||
| 1.01 | Elect Robert J. Carpenter | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Charles L. Cooney | MGMT | YES | FOR | FOR | ||
| 2 | Add shares to the 1999 Employee Stock Purchase Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Add shares to the 2004 Equity Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 4 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 5 | Repeal classified board | SHLDR | YES | FOR | AGNST | ||
| Getty Images | 374276AF0 | 5/3/05 | Annual | ||||
| 1.01 | Elect Christopher H. Sporborg | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Mark H. Getty | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Add Shares to Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
| Amend Stock Incentive Plan | |||||||
| Guitar Center Inc | GTRC | 402040109 | 5/6/05 | Annual | |||
| 1.01 | Elect Marty Albertson | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect George Jones | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Larry Livingston | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect George R. Mrkonic Jr. | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Kenneth Reiss | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Walter Rossi | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Peter M. Starrett | MGMT | YES | FOR | FOR | ||
| 2 | Add Shares to Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Amend Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
| 4 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Harman International Industries | HAR | 413086109 | 11/10/04 | Annual | |||
| 1.01 | Elect Bernard A. Girod | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Ann McLaughlin Korologos | MGMT | YES | FOR | FOR | ||
| Harmonic Inc | HLIT | 413160102 | 5/26/05 | Annual | |||
| 1.01 | Elect Anthony J. Ley | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect E. Floyd Kvamme | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect William F. Reddersen | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Lewis Solomon | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Michel L. Vaillaud | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect David R. Van Valkenburg | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Heartland Express Inc | HTLD | 422347104 | 5/12/05 | Annual | |||
| 1.01 | Elect Russell A. Gerdin | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Richard O. Jacobson | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Benjamin J. Allen | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Michael J. Gerdin | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Lawrence D. Crouse | MGMT | YES | FOR | FOR | ||
| Helen of Troy | HELE | G4388N106 | 8/31/04 | Annual | |||
| 1.01 | Elect Gary B. Abromovitz | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Timothy F. Meeker | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Stanlee N. Rubin | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect John B. Butterworth | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Byron H. Rubin | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect James C. Swaim | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Christopher L. Carameros | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Gerald J. Rubin | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect Darren G. Woody | MGMT | YES | FOR | FOR | ||
| 2 | Add Shares to Stock Option Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||
| Home Depot Inc | HD | 437076102 | 5/26/05 | Annual | |||
| 1.01 | Elect Gregory D. Brenneman | MGMT | YES | WHOLD | AGNST | ||
| 1.02 | Elect Richard H. Brown | MGMT | YES | WHOLD | AGNST | ||
| 1.03 | Elect John L. Clendenin | MGMT | YES | WHOLD | AGNST | ||
| 1.04 | Elect Berry R. Cox | MGMT | YES | WHOLD | AGNST | ||
| 1.05 | Elect Claudio X. Gonzalez Laporte | MGMT | YES | WHOLD | AGNST | ||
| 1.06 | Elect Milledge A. Hart III | MGMT | YES | WHOLD | AGNST | ||
| 1.07 | Elect Bonnie Guiton Hill | MGMT | YES | WHOLD | AGNST | ||
| 1.08 | Elect Laban P. Jackson Jr. | MGMT | YES | WHOLD | AGNST | ||
| 1.09 | Elect Lawrence R. Johnston | MGMT | YES | WHOLD | AGNST | ||
| 1.10 | Elect Kenneth G. Langone | MGMT | YES | WHOLD | AGNST | ||
| 1.11 | Elect Robert L. Nardelli | MGMT | YES | WHOLD | AGNST | ||
| 1.12 | Elect Thomas J. Ridge | MGMT | YES | WHOLD | AGNST | ||
| 2 | Ratify selection of auditors | MGMT | YES | ABSTAIN | AGNST | ||
| 3 | Adopt advance notice requirement | MGMT | YES | ABSTAIN | AGNST | ||
| 4 | Adopt the 2005 Omnibus Stock Incentive Plan | MGMT | YES | ABSTAIN | AGNST | ||
| 5 | Report on EEO | SHLDR | YES | ABSTAIN | AGNST | ||
| 6 | Majority vote to elect directors | SHLDR | YES | ABSTAIN | AGNST | ||
| 7 | Restrict executive compensation | SHLDR | YES | ABSTAIN | AGNST | ||
| 8 | Golden parachutes | SHLDR | YES | ABSTAIN | AGNST | ||
| 9 | Restrict executive compensation | SHLDR | YES | ABSTAIN | AGNST | ||
| 10 | Award performance-based stock options | SHLDR | YES | ABSTAIN | AGNST | ||
| 11 | Affirm political nonpartisanship | SHLDR | YES | ABSTAIN | AGNST | ||
| Hunt (J B) Transportation Services Inc | JBHT | 445658107 | 4/21/05 | Annual | |||
| 1.01 | Elect Johnelle D. Hunt | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Kirk Thompson | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Leland E. Tollett | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect John A. White | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Coleman H. Peterson | MGMT | YES | FOR | FOR | ||
| 2 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| 3 | Add Shares to Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| II-VI Inc | IIVI | 902104108 | 11/5/04 | Annual | |||
| 1.01 | Elect Peter W. Sognefest | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Francis J. Kramer | MGMT | YES | FOR | FOR | ||
| 2 | Increase Authorized Common Stock | MGMT | YES | FOR | FOR | ||
| 3 | Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||
| Intermagnetics General Corp | IMGC | 458771102 | 11/16/04 | Annual | |||
| 1.01 | Elect John M. Albertine | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Glenn H. Epstein | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Larry G. Garberding | MGMT | YES | FOR | FOR | ||
| 2 | Approve Reincorporation | MGMT | YES | AGNST | AGNST | ||
| 3 | Increase Authorized Common Stock | MGMT | YES | FOR | FOR | ||
| 4 | Eliminate Cumulative Voting | MGMT | YES | FOR | FOR | ||
| 5 | Add Shares to Stock Option Plan | MGMT | YES | AGNST | AGNST | ||
| Invitrogen Corp | IVGN | 46185R100 | 4/20/05 | Annual | |||
| 1.01 | Elect Balakrishnan S. Iyer | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Ronald A. Matricaria | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect W. Ann Reynolds | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Jay M. Short | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Itron Inc | ITRI | 465741106 | 5/3/05 | Annual | |||
| 1.01 | Elect Ted C. DeMerritt | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Jon E. Eliassen | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Robert D. Neilson | MGMT | YES | FOR | FOR | ||
| 2 | Add Shares to Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Add shares to employee stock purchase plan | MGMT | YES | ABSTAIN | AGNST | ||
| Amend employee stock purchase plan | |||||||
| ITT Educational Services Inc | ESI | 45068B109 | 5/3/05 | Annual | |||
| 1.01 | Elect John E. Dean | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect James D. Fowler Jr. | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Vin Weber | MGMT | YES | FOR | FOR | ||
| 2 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| Joy Global Inc | JOYG | 481165108 | 2/22/05 | Annual | |||
| 1.01 | Elect Steven L. Gerard | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect John N. Hanson | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Ken C. Johnsen | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect James R. Klauser | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Richard B. Loynd | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect P. Eric Siegert | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect James H. Tate | MGMT | YES | FOR | FOR | ||
| KB Home | KBH | 48666K109 | 4/7/05 | Annual | |||
| 1.01 | Elect James A. Johnson | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect J. Terrence Lanni | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Barry Munitz | MGMT | YES | FOR | FOR | ||
| 2 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Korn Ferry International | KFY | 500643200 | 9/14/04 | Annual | |||
| 1.01 | Elect James E. Barlett | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Sakie Fukushima | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect David L. Lowe | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Edward D. Miller | MGMT | YES | FOR | FOR | ||
| 2 | Add Shares to Stock Option Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Amend Stock Option Plan | MGMT | YES | FOR | FOR | ||
| 4 | Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||
| Lone Star Technologies | LSS | 542312103 | 4/25/05 | Annual | |||
| 1.01 | Elect Robert Kelley | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Alfred M. Micallef | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Jerry E. Ryan | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Lowe's Companies Inc | LOW | 548661107 | 5/27/05 | Annual | |||
| 1.01 | Elect Robert Alexander Ingram | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Richard K. Lochridge | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Robert L. Johnson | MGMT | YES | FOR | FOR | ||
| 2 | Amend Director Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Lyondell Chemical Co | LYO | 552078107 | 5/5/05 | Annual | |||
| 1.01 | Elect Carol A. Anderson | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect William T. Butler | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Stephen I. Chazen | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Worley H. Clark | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Travis Engen | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Stephen F. Hinchliffe Jr. | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Danny W. Huff | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Ray R. Irani | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect David J. Lesar | MGMT | YES | FOR | FOR | ||
| 1.10 | Elect David J.P. Meachin | MGMT | YES | FOR | FOR | ||
| 1.11 | Elect Dan F. Smith | MGMT | YES | FOR | FOR | ||
| 1.12 | Elect William R. Spivey | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Macromedia Inc | MACR | 556100105 | 11/10/04 | Special | |||
| 1 | Add Shares to Stock Option Plan | MGMT | YES | ABSTAIN | AGNST | ||
| Amend Stock Option Plan | |||||||
| Marvell Technology Group Ltd | MRVL | G5876H105 | 6/10/05 | Annual | |||
| 1 | Elect Kuo Wei (Herbert) Chang | MGMT | NO | TAKE NO ACTION | |||
| 2 | Appoint auditors and set their fees | MGMT | NO | TAKE NO ACTION | |||
| MDC Holdings Inc | MDC | 552676108 | 4/21/05 | Annual | |||
| 1.01 | Elect Gilbert Goldstein | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect William B. Kemper | MGMT | YES | FOR | FOR | ||
| Mercury Interactive Corp | MERQ | 589405109 | 5/19/05 | Annual | |||
| 1.01 | Elect Amnon Landan | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Brad Boston | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Igal Kohavi | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Clyde Ostler | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Yair Shamir | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Giora Yaron | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Anthony Zingale | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Moody's Corp | MCO | 615369105 | 4/26/05 | Annual | |||
| 1.01 | Elect Robert R. Glauber | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Connie Mack | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Nancy S. Newcomb | MGMT | YES | FOR | FOR | ||
| 2 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Norfolk Southern Corp | NSC | 655844108 | 5/12/05 | Annual | |||
| 1.01 | Elect Gerald L. Baliles | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Gene R. Carter | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Charles W. MoormanIV | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect J. Paul Reason | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Amend Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
| 4 | Amend annual bonus plan | MGMT | YES | FOR | FOR | ||
| Nucor Corp | NUE | 670346105 | 5/12/05 | Annual | |||
| 1.01 | Elect Peter C. Browning | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Victoria F. Haynes | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Thomas A. Waltermire | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| 4 | Adopt the 2005 Stock Option and Award Plan | MGMT | YES | FOR | FOR | ||
| NVR Inc | NVR | 62944T105 | 5/4/05 | Annual | |||
| 1.01 | Elect Dwight C. Schar | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Robert C. Butler | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect George E. Slye | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Adopt Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| Olin Corp | OLN | 680665205 | 4/28/05 | Annual | |||
| 1.01 | Elect Virginia A. Kamsky | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Richard M. Rompala | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Joseph D. Rupp | MGMT | YES | FOR | FOR | ||
| 2 | Amend director stock award plan | MGMT | YES | FOR | FOR | ||
| Add shares to director stock award plan | |||||||
| 3 | Reapprove option/bonus plan for OBRA | MGMT | YES | FOR | FOR | ||
| 4 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| OMI | OMM | Y6476W104 | 5/19/05 | Annual | |||
| 1.01 | Elect Robert Bugbee | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect James N. Hood | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Philip J. Shapiro | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| P F Chang's China Bistro Inc | PFCB | 69333Y108 | 5/6/05 | Annual | |||
| 1.01 | Elect Richard L. Federico | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect R. Michael Welborn | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect James G. Shennan Jr. | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect F. Lane Cardwell Jr. | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Kenneth J. Wessels | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect M. Ann Rhoades | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Lesley H. Howe | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| PacifiCare Health Systems | PHS | 695112102 | 5/19/05 | Annual | |||
| 1.01 | Elect Aida Alvarez | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Bradly C. Call | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Terry O. Hartshorn | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Dominic Ng | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Howard G. Phanstiel | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Warren E. Pinckert II | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect David A. Reed | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Charles R. Rinehart | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect Linda Rosenstock | MGMT | YES | FOR | FOR | ||
| 1.10 | Elect Lloyd E. Ross | MGMT | YES | FOR | FOR | ||
| 2 | Adopt the 2005 Equity Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Panera Bread Co | PNRA | 69840W108 | 6/2/05 | Annual | |||
| 1.01 | Elect Ronald M. Shaich | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Fred K. Foulkes | MGMT | YES | FOR | FOR | ||
| 2 | Add shares to the 2001 Employee Director and Consultant Stock Option Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Peabody Energy Corp | BTU | 704549104 | 5/6/05 | Annual | |||
| 1.01 | Elect B.R. Brown | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Henry Givens Jr. | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect James A. Schlesinger | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Sandra Van Trease | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| 4 | Increase board independence | SHLDR | YES | FOR | AGNST | ||
| 5 | Repeal classified board | SHLDR | YES | FOR | AGNST | ||
| 6 | Majority vote to elect directors | SHLDR | YES | ABSTAIN | AGNST | ||
| Prudential Financial Inc | PRU | 744320102 | 6/7/05 | Annual | |||
| 1.01 | Elect James G. Cullen | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect James A. Unruh | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Gordon M. Bethune | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Repeal classified board | MGMT | YES | FOR | FOR | ||
| 4 | Adopt the Employee Stock Purchase Plan | MGMT | YES | AGNST | AGNST | ||
| Qualcomm Inc | QCOM | 747525103 | 3/8/05 | Annual | |||
| 1.01 | Elect Robert E. Kahn | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Duane A. Nelles | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Brent Scowcroft | MGMT | YES | FOR | FOR | ||
| 2 | Repeal classified board | MGMT | YES | FOR | FOR | ||
| Eliminate cumulative Voting | |||||||
| 3 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| 4 | Approve technical amendments | MGMT | YES | FOR | FOR | ||
| 5 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Quiksilver Inc | ZQK | 74838C106 | 3/24/05 | Annual | |||
| 1.01 | Elect William M. Barnum Jr. | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Charles E. Crowe | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Michael H. Gray | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Robert G. Kirby | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Bernard Mariette | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Robert B. McKnight Jr. | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Frank Riboud | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Tom Roach | MGMT | YES | FOR | FOR | ||
| 2 | Add Shares to Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Reapprove option/bonus plan for OBRA | MGMT | YES | FOR | FOR | ||
| 4 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| Reebok International Ltd | RBK | 758110100 | 5/3/05 | Annual | |||
| 1.01 | Elect Norman Axelrod | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Paul R. Duncan | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Richard G. Lesser | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Deval L. Patrick | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Paul B. Fireman | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Dorothy E. Puhy | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Thomas M. Ryan | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Research In Motion | RIMM | 760975102 | 7/12/04 | Annual | |||
| 1.01 | Elect Michael Lazaridis | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect James L. Balsillie | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Douglas E. Fregin | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Kendall Cork | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect James Estill | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect John E. Richardson | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Dr. Douglas Wright | MGMT | YES | FOR | FOR | ||
| 2 | Appoint Auditors and Set Their Fees | MGMT | YES | ABSTAIN | AGNST | ||
| 3 | Increase Gender Diversity | SHLDR | YES | ABSTAIN | AGNST | ||
| Rockwell Automation | ROK | 773903109 | 2/2/05 | Annual | |||
| 1.01 | Elect Bruce M. Rockwell | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Joseph F. Toot Jr. | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Kenneth F. Yontz | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Ryland Group Inc | RYL | 783764103 | 4/20/05 | Annual | |||
| 1.01 | Elect R. Chad Dreier | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Daniel T. Bane | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Leslie M. Frecon | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Roland A. Hernandez | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect William L. Jews | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Ned Mansour | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Robert E. Mellor | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Norman J. Metcalfe | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect Charlotte St. Martin | MGMT | YES | FOR | FOR | ||
| 1.10 | Elect Paul J. Varello | MGMT | YES | FOR | FOR | ||
| 1.11 | Elect John O. Wilson | MGMT | YES | FOR | FOR | ||
| 2 | Adopt Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| 4 | Report or take action on climate change | SHLDR | YES | FOR | AGNST | ||
| Southwestern Energy Co | SWN | 845467109 | 5/11/05 | Annual | |||
| 1.01 | Elect Lewis E. Epley Jr. | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect John Paul Hammerschmidt | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Robert L. Howard | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Harold M. Korell | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Vello A. Kuuskraa | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Kenneth R. Mourton | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Charles E. Scharlau | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| 4 | Approve non-technical charter amendments | MGMT | YES | FOR | FOR | ||
| Standard Pacific Corp | SPF | 85375C101 | 5/10/05 | Annual | |||
| 1.01 | Elect Stephen J. Scarborough | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Douglas C. Jacobs | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Larry McNabb | MGMT | YES | FOR | FOR | ||
| 2 | Adopt Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| Station Casinos Inc | STN | 857689103 | 5/18/05 | Annual | |||
| 1.01 | Elect Frank J. Fertitta III | MGMT | NO | TAKE NO ACTION | |||
| 1.02 | Elect Lee S. Isgur | MGMT | NO | TAKE NO ACTION | |||
| 2 | Adopt the Stock Compensation Plan | MGMT | NO | TAKE NO ACTION | |||
| 3 | Ratify selection of auditors | MGMT | NO | TAKE NO ACTION | |||
| 4 | Eliminate supermajority provision | SHLDR | NO | TAKE NO ACTION | |||
| 5 | Repeal classified board | SHLDR | NO | TAKE NO ACTION | |||
| 6 | Redeem or vote on poison pill | SHLDR | NO | TAKE NO ACTION | |||
| Station Casinos Inc | STN | 857689103 | 5/18/05 | Annual | |||
| 1.01 | Elect Frank J. Fertitta III | MGMT | NO | TAKE NO ACTION | |||
| 1.02 | Elect Lee S. Isgur | MGMT | NO | TAKE NO ACTION | |||
| 2 | Adopt the Stock Compensation Plan | MGMT | NO | TAKE NO ACTION | |||
| 3 | Ratify selection of auditors | MGMT | NO | TAKE NO ACTION | |||
| 4 | Eliminate supermajority provision | SHLDR | NO | TAKE NO ACTION | |||
| 5 | Repeal classified board | SHLDR | NO | TAKE NO ACTION | |||
| 6 | Redeem or vote on poison pill | SHLDR | NO | TAKE NO ACTION | |||
| Steel Technologies | STTX | 858147101 | 1/27/05 | Annual | |||
| 1.01 | Elect Merwin J. Ray | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Bradford T. Ray | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Doug A. Bawel | MGMT | YES | FOR | FOR | ||
| 2 | Add shares to director stock award plan | MGMT | YES | FOR | FOR | ||
| Stewart & Stevenson Services | SVC | 860342104 | 6/7/05 | Annual | |||
| 1.01 | Elect Howard Wolf | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Charles S. Ream | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Swift Transportation Co Inc | SWFT | 870756103 | 5/26/05 | Annual | |||
| 1.01 | Elect Karl Eller | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Paul M. Mecray III | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Karen E. Rasmussen | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Robert W. Cunningham | MGMT | YES | FOR | FOR | ||
| 2 | Adopt the 2005 Non-Employee Director Stock Option Plan | MGMT | YES | AGNST | AGNST | ||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Symantec Corp | SYMC | 871503108 | 9/15/04 | Annual | |||
| 1.01 | Elect Tania Amochaev | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect William Coleman | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Franciscus Lion | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect David Mahoney | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Robert Stevens Miller Jr. | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect George Reyes | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Daniel H. Schulman | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect John W. Thompson | MGMT | YES | FOR | FOR | ||
| 2 | Increase Authorized Common Stock | MGMT | YES | FOR | FOR | ||
| 3 | Adopt Stock Option Plan | MGMT | YES | AGNST | AGNST | ||
| 4 | Add Shares to Director Stock Award Plan | MGMT | YES | AGNST | AGNST | ||
| 5 | Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||
| Teck Cominco | 878742204 | 4/27/05 | Annual | ||||
| 1 | Election of directors by slate | MGMT | YES | ABSTAIN | AGNST | ||
| 2 | Appoint outside auditors | MGMT | YES | ABSTAIN | AGNST | ||
| 3 | Set auditors' fees | MGMT | YES | ABSTAIN | AGNST | ||
| TeleTech Holdings Inc | TTEC | 879939106 | 5/24/05 | Annual | |||
| 1.01 | Elect Kenneth D. Tuchman | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect James E. Barlett | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect William A. Linnenbringer | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Ruth C. Lipper | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Shrikant Mehta | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Shirley Young | MGMT | YES | FOR | FOR | ||
| 2 | Amend employee stock purchase plan | MGMT | YES | FOR | FOR | ||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 4 | Review or implement MacBride principles | SHLDR | YES | AGNST | FOR | ||
| Thomas & Betts Corp | TNB | 884315102 | 5/4/05 | Annual | |||
| 1.01 | Elect Ernest H. Drew | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect T. Kevin Dunnigan | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Jeananne K. Hauswald | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Dean Jernigan | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Ronald B. Kalich Sr. | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Kenneth R. Masterson | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Dominic J. Pileggi | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Jean-Paul Richard | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect David D. Stevens | MGMT | YES | FOR | FOR | ||
| 1.10 | Elect William H. Waltrip | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Tibco Software Inc | TIBX | 88632Q103 | 4/21/05 | Annual | |||
| 1.01 | Elect Vivek Y. Ranadive | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect B.A.J. Bourigeaud | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Eric Dunn | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Narendra K. Gupta | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Peter James Job | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Philip K. Wood | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Toll Brothers Inc | TOL | 889478103 | 3/17/05 | Annual | |||
| 1.01 | Elect Robert I. Toll | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Bruce E. Toll | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Joel H. Rassman | MGMT | YES | FOR | FOR | ||
| 2 | Increase authorized common stock | MGMT | YES | FOR | FOR | ||
| Increase authorized preferred stock | |||||||
| 3 | Amend annual bonus plan | MGMT | YES | FOR | FOR | ||
| 4 | Amend annual bonus plan | MGMT | YES | FOR | FOR | ||
| 5 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 6 | Expense stock options | SHLDR | YES | AGNST | FOR | ||
| Triad Hospitals Inc | TRI | 89579K109 | 5/24/05 | Annual | |||
| 1.01 | Elect Michael J. Parsons | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Thomas G. Loeffler | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Uwe E. Reinhardt | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Adopt the Amended and Restated 1999 Long-Term Incentive Plan | MGMT | YES | AGNST | AGNST | ||
| 4 | Adopt the Amended and Restated Management Stock Purchase Plan | MGMT | YES | AGNST | AGNST | ||
| TXU Corp | TXU | 873168108 | 5/20/05 | Annual | |||
| 1.01 | Elect Derek C. Bonham | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect E. Gail De Planque | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect William M. Griffin | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Kerney Laday | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Jack E. Little | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Erle Nye | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect James E. Oesterreicher | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Michael W. Ranger | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect Herbert H. Richardson | MGMT | YES | FOR | FOR | ||
| 1.10 | Elect C. John Wilder | MGMT | YES | FOR | FOR | ||
| 2 | Adopt the 2005 Omnibus Incentive Plan | MGMT | YES | FOR | FOR | ||
| 3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| UnitedHealth Group Inc | UNH | 91324P102 | 5/3/05 | Annual | |||
| 1.01 | Elect Thomas H. Kean | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Robert L. Ryan | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect William G. Spears | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Gail R. Wilensky | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Restrict executive compensation | SHLDR | YES | AGNST | FOR | ||
| 4 | Award performance-based stock options | SHLDR | YES | AGNST | FOR | ||
| Urban Outfitters Inc | URBN | 917047102 | 5/24/05 | Annual | |||
| 1.01 | Elect Richard A. Hayne | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Scott A. Belair | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Harry S. Cherken Jr. | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Joel S. Lawson III | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Glen T. Senk | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Robert H. Strouse | MGMT | YES | FOR | FOR | ||
| 2 | Amend Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
| 3 | Adopt the Executive Incentive Plan | MGMT | YES | FOR | FOR | ||
| Valero Energy Corp | VLO | 91913Y100 | 9/13/04 | Special | |||
| 1 | Increase Authorized Common Stock | MGMT | YES | FOR | FOR | ||
| Walgreen Co | WAG | 931422109 | 1/12/05 | Annual | |||
| 1.01 | Elect David W. Bernauer | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect William C. Foote | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect James J. Howard | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Alan G. McNally | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Cordell Reed | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Jeffrey A. Rein | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect David Y. Schwartz | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect John B. Schwemm | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect Marilou M. von Ferstel | MGMT | YES | FOR | FOR | ||
| 1.10 | Elect Charles R. Walgreen III | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| 3 | Independent board chairman | SHLDR | YES | AGNST | FOR | ||
| XTO Energy Inc | XTO | 98385X106 | 11/16/04 | Special | |||
| 1 | Adopt Stock Option Plan | MGMT | YES | FOR | FOR | ||
| XTO Energy Inc | XTO | 98385X106 | 5/17/05 | Annual | |||
| 1.01 | Elect Herbert D. Simons | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect William H. Adams III | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Keith A. Hutton | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Jack P. Randall | MGMT | YES | FOR | FOR | ||
| Yahoo Inc | YHOO | 984332106 | 5/19/05 | Annual | |||
| 1.01 | Elect Terry S. Semel | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Jerry Yang | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Roy J. Bostock | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect Ronald W. Burkle | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Eric Hippeau | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect Arthur H. Kern | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Robert A. Kotick | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect Edward R. Kozel | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect Gary L. Wilson | MGMT | YES | FOR | FOR | ||
| 2 | Add shares to the 1995 Stock Plan | MGMT | YES | ABSTAIN | AGNST | ||
| Amend Stock Incentive Plan | |||||||
| 3 | Amend Director Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
| 4 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
| Yellow Roadway Corp | YELL | 985577105 | 5/19/05 | Annual | |||
| 1.01 | Elect Cassandra C. Carr | MGMT | YES | FOR | FOR | ||
| 1.02 | Elect Howard M. Dean | MGMT | YES | FOR | FOR | ||
| 1.03 | Elect Frank P. Doyle | MGMT | YES | FOR | FOR | ||
| 1.04 | Elect John F. Fiedler | MGMT | YES | FOR | FOR | ||
| 1.05 | Elect Dennis E. Foster | MGMT | YES | FOR | FOR | ||
| 1.06 | Elect John C. McKelvey | MGMT | YES | FOR | FOR | ||
| 1.07 | Elect Phillip J. Meek | MGMT | YES | FOR | FOR | ||
| 1.08 | Elect William L. Trubeck | MGMT | YES | FOR | FOR | ||
| 1.09 | Elect Carl W. Vogt | MGMT | YES | FOR | FOR | ||
| 1.10 | Elect William D. Zollars | MGMT | YES | FOR | FOR | ||
| 2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
Any ballot marked 'Abstain' is considered to have been voted. Ballots marked 'Abstain' are considered to be have been voted against management's recommendation, regardless of whether the recommendation is 'For' or 'Against,' except where management has made no recommendation or has recommended that shareholders 'Abstain.'
Where management has recommended that shareholders 'Abstain' from voting on a ballot item: 1) a ballot market 'Abstain' is considered to have been voted for management's recommendation to 'Abstain' and 2) a ballot voted 'For" or 'Against' is considered to have been voted against management's recommendation to 'Abstain.'
Where management has made no recommendation on a ballot item, the abbreviation "N/A" is used to denote that there is no applicable recommendation compared to which a vote may be 'For' or 'Against' the recommendation of management.
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.
Value Line Fund, Inc.
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(Registrant)
By /s/ David T. Henigson
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David T. Henigson, Vice President and Secretary/Treasurer
(Signature & Title)
Date August 30, 2005