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 811-09721
Fixed Income SHares
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(Exact name of registrant as specified in charter)
1345 Avenue of the Americas, New York, NY 10105
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(Address of principal executive offices) (Zip code)
PA Fund Management LLC
1345 Avenue of the Americas, New York, NY 10105
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(Name and address of agent for service)
Registrant's telephone number, including area code: 212-739-3000
Date of fiscal year end: October 31
Date of reporting period: July 1, 2003 - June 30, 2004
Item 1. Proxy Voting Record
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Fixed Income SHares
Form N-PX Proxy Voting Record-Item 1
7/1/03-6/30/04
| Fixed Income SHares | ||||||||||||||||
| Series M | ||||||||||||||||
| Vote Cast | ||||||||||||||||
| Security | "For" or | |||||||||||||||
| Exchange | Holder | Proposal by | Voting Result: | "Against" | ||||||||||||
| Ticker | Meeting | Issuer or | For, Against, | Management | ||||||||||||
| Security Issuer Name | Symbol | Cusip or Isin | Date | Matter Voted On | Security Holder | Vote Cast(Y/N?) | Abstain | or "Abstain" | ||||||||
| Washington Mutual | N/A | 929227TS5 | 07/18/03 | Consent to Amend Pooling And Service Agreement | Issuer | Y | For | For | ||||||||
| Station Casinos, Inc. | N/A | 857689AM5 | N/A | Consent to the proposed amendments in the Indenture | Issuer | Y | For | For | ||||||||
| Williams Co. | N/A | 068480AA0 | N/A | Consent to the proposed amendments in the Indenture | Issuer | Y | For | For | ||||||||
| CMS Panhandle Holding Co. | N/A | 12589YAD1 | N/A | Consent to the amendments in the Indenture | Issuer | Y | For | For | ||||||||
| CMS Panhandle Holding Co. | N/A | 12589YAF6 | N/A | Consent to the amendments in the Indenture | Issuer | Y | For | For | ||||||||
| QWEST | N/A | 74913EAH3 | N/A | Consent to the amendments in the Indenture | Issuer | Y | Abstain | Abstain | ||||||||
| Series C | ||||||||||||||||
| No Records to Report | ||||||||||||||||
| Series R | ||||||||||||||||
| No Records to Report | ||||||||||||||||
| Allianz Dresdner Daily Asset Fund | ||||||||||||||||
| No Records to Report | ||||||||||||||||
| 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) Fixed Income SHares |
By (Signature and Title)* /s/ Brian S. Shlissel
Brian S. Shlissel, President & Chief Executive Officer
| Date August 25, 2004 |
