UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-21527
THE ENDOWMENT MASTER FUND, L.P.
(Exact name of registrant as specified in charter)
4265 SAN FELIPE, SUITE 900
HOUSTON, TEXAS 77027
HOUSTON, TEXAS 77027
(Address of principal executive offices) (Zip code)
George Zornada, Esq.
Kirkpatrick & Lockhart Preston Gates Ellis LLP
State Street Financial Center
One Lincoln Street
Boston, Ma 02111
Kirkpatrick & Lockhart Preston Gates Ellis LLP
State Street Financial Center
One Lincoln Street
Boston, Ma 02111
(Name and address of agent for service)
Registrant’s telephone number, including area code: (713) 993-4675
Date of fiscal year end: December 31
Date of reporting period: July 1, 2006 through June 30, 2007
Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant’s proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 there under (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
PROXY VOTING RECORD FOR PERIOD JULY 1, 2006 TO JUNE 30, 2007
Item 1. Proxy Voting Record
The Information contained herein discloses the following information for each matter relating to a portfolio security considered at any shareholder meeting held during the period covered by the report and with respect to which the Registrant was entitled to vote:
| (a) | The name of the issuer of the portfolio security; | ||
| (b) | The exchange ticker symbol of the principal security; | ||
| (c) | The Council on Uniform Securities Identification Procedures (“CUSIP”) number for the portfolio security; | ||
| (d) | The shareholder meeting date; | ||
| (e) | A brief identification of the matter voted on; | ||
| (f) | Whether the matter was proposed by the issuer or by a security holder; | ||
| (g) | Whether the Registrant cast its vote on the matter; | ||
| (h) | How the Registrant cast its vote (e.g., for or against proposal, or abstain for or withhold regarding election of directors); and | ||
| (i) | Whether the Registrant cast its vote for or against management. |
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 1 of 13 |
Master Fund
| ABERDEEN ASIA-PACIFIC INCOME FUND, I | ||||||||
Security: Ticker: ISIN: | 003009107 FAX | Agenda Number: Meeting Type: Meeting Date: | 932632373 Annual 08-Mar-07 | |||||
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| 01 | DIRECTOR | |||||||
| 1 NEVILLE J. MILES | Mgmt | For | For | |||||
| 2 JOHN T. SHEEHY | Mgmt | For | For | |||||
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 2 of 13 |
Master Fund
| BLACKROCK BROAD INV GRD 2009 TRM TR | ||||||||||
Security: | 09247Q106 | Agenda Number: | 932558616 | |||||||
Ticker: | BCT | Meeting Type: | Special | |||||||
ISIN: | Meeting Date: | 22-Sep-06 | ||||||||
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| 01 | TO APPROVE A NEW INVESTMENT MANAGEMENT AGREEMENT. | Mgmt | For | For | ||||
| 02 | TO APPROVE A NEW INVESTMENT SUB-ADVISORY AGREEMENT. | Mgmt | For | For |
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 3 of 13 |
Master Fund
| BLACKROCK FUNDS | ||||||||||||
Security: | 091937524 | Agenda Number: | 932559846 | |||||||||
Ticker: | SSGRX | Meeting Type: | Special | |||||||||
ISIN: | Meeting Date: | 27-Sep-06 | ||||||||||
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| 01 | TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH BLACKROCK ADVISORS, INC. OR BLACKROCK FINANCIAL MANAGEMENT, INC., AS APPLICABLE. | Mgmt | For | For |
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 4 of 13 |
Master Fund
| BLACKROCK INCOME OPPORTUNITY TRUST | ||||||||||||
Security: | 092475102 | Agenda Number: | 932558616 | |||||||||
Ticker: | BNA | Meeting Type: | Special | |||||||||
ISIN: | Meeting Date: | 22-Sep-06 | ||||||||||
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| 01 | TO APPROVE A NEW INVESTMENT MANAGEMENT AGREEMENT. | Mgmt | For | For | ||||
| 02 | TO APPROVE A NEW INVESTMENT SUB-ADVISORY AGREEMENT. | Mgmt | For | For |
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 5 of 13 |
Master Fund
| MFS GOVERNMENT MARKETS INCOME TRUST | ||||||||||||
Security: | 552939100 | Agenda Number: | 932575888 | |||||||||
Ticker: | MGF | Meeting Type: | Annual | |||||||||
ISIN: | Meeting Date: | 06-Oct-06 | ||||||||||
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| 01 | DIRECTOR | |||||||
| 1 ROBERT E. BUTLER | Mgmt | For | For | |||||
| 2 DAVID H. GUNNING | Mgmt | For | For | |||||
| 3 ROBERT C. POZEN | Mgmt | For | For | |||||
| 4 J. DALE SHERRATT | Mgmt | For | For |
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 6 of 13 |
Master Fund
| MFS INTERMEDIATE INCOME TRUST | ||||||||||
Security: | 55273C107 | Agenda Number: | 932575888 | |||||||
Ticker: | MIN | Meeting Type: | Annual | |||||||
ISIN: | Meeting Date: | 06-Oct-06 | ||||||||
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| 01 | DIRECTOR | |||||||
| 1 ROBERT E. BUTLER | Mgmt | For | For | |||||
| 2 DAVID H. GUNNING | Mgmt | For | For | |||||
| 3 ROBERT C. POZEN | Mgmt | For | For | |||||
| 4 J. DALE SHERRATT | Mgmt | For | For |
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 7 of 13 |
Master Fund
| MORGAN STANLEY INSTITUTIONAL FUND IN | ||||||||||
Security: | 61744J317 | Agenda Number: | 932559783 | |||||||
Ticker: | MSUAX | Meeting Type: | Special | |||||||
ISIN: | Meeting Date: | 30-Nov-06 | ||||||||
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| 01 | DIRECTOR | |||||||
| 1 FRANK L. BOWMAN | Mgmt | For | For | |||||
| 2 KATHLEEN A. DENNIS | Mgmt | For | For | |||||
| 3 MICHAEL F. KLEIN | Mgmt | For | For | |||||
| 4 W. ALLEN REED | Mgmt | For | For | |||||
| 2B | TO MODIFY CERTAIN FUNDAMENTAL INVESTMENT RESTRICTIONS REGARDING: BORROWING POLICY. | Mgmt | For | For | ||||
| 2C | TO MODIFY CERTAIN FUNDAMENTAL INVESTMENT RESTRICTIONS REGARDING: LOAN POLICY. | Mgmt | For | For | ||||
| 2D | TO MODIFY CERTAIN FUNDAMENTAL INVESTMENT RESTRICTIONS REGARDING: COMMODITIES POLICY. | Mgmt | For | For | ||||
| 2E | TO MODIFY CERTAIN FUNDAMENTAL INVESTMENT RESTRICTIONS REGARDING: SENIOR SECURITIES POLICY. | Mgmt | For | For |
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 8 of 13 |
Master Fund
| MORGAN STANLEY TRUSTS | ||||||||||
Security: | 61745P106 | Agenda Number: | 932621077 | |||||||
Ticker: | GVT | Meeting Type: | Special | |||||||
ISIN: | Meeting Date: | 06-Mar-07 | ||||||||
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| 01 | DIRECTOR | |||||||
| 1 FRANK L. BOWMAN | Mgmt | For | For | |||||
| 2 KATHLEEN A. DENNIS | Mgmt | For | For | |||||
| 3 MANUEL H. JOHNSON | Mgmt | For | For | |||||
| 4 JOSEPH J. KEARNS | Mgmt | For | For | |||||
| 5 MICHAEL F. KLEIN | Mgmt | For | For | |||||
| 6 W. ALLEN REED | Mgmt | For | For | |||||
| 7 FERGUS REID | Mgmt | For | For | |||||
| 02 | APPROVAL OF AN AGREEMENT AND PLAN OF REORGANIZATION, DATED DECEMBER 1, 2006, BETWEEN MORGAN STANLEY GOVERNMENT INCOME TRUST ( GOVERNMENT INCOME ) AND MORGAN STANLEY U.S. GOVERNMENT SECURITIES TRUST ( GOVERNMENT SECURITIES ), PURSUANT TO WHICH SUBSTANTIALLY ALL OF THE ASSETS OF GOVERNMENT INCOME WOULD BE COMBINED WITH THOSE OF GOVERNMENT SECURITIES AND SHAREHOLDERS OF GOVERNMENT | Mgmt | For | For |
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 9 of 13 |
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| INCOME WOULD BECOME CLASS D SHAREHOLDERS OF GOVERNMENT SECURITIES RECEIVING CLASS D SHARES OF GOVERNMENT SECURITIES WITH A VALUE EQUAL TO HOLDINGS IN GOVERNMENT INCOME. |
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 10 of 13 |
Master Fund
| PUTNAM PREMIER INCOME TRUST | ||||||||||||
Security: | 746853100 | Agenda Number: | 932611569 | |||||||||
Ticker: | PPT | Meeting Type: | Annual | |||||||||
ISIN: | Meeting Date: | 11-Jan-07 | ||||||||||
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| 01 | DIRECTOR | |||||||
| 1 J.A. BAXTER | Mgmt | For | For | |||||
| 2 C.B. CURTIS | Mgmt | For | For | |||||
| 3 M.R. DRUCKER | Mgmt | For | For | |||||
| 4 C.E. HALDEMAN, JR. | Mgmt | For | For | |||||
| 5 J.A. HILL | Mgmt | For | For | |||||
| 6 P.L. JOSKOW | Mgmt | For | For | |||||
| 7 E.T. KENNAN | Mgmt | For | For | |||||
| 8 K.R. LEIBLER | Mgmt | For | For | |||||
| 9 R.E. PATTERSON | Mgmt | For | For | |||||
| 10 G. PUTNAM, III | Mgmt | For | For | |||||
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 11 of 13 |
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| 11 W.T. STEPHENS | Mgmt | For | For | |||||
| 12 R.B. WORLEY | Mgmt | For | For | |||||
| 02 | CONVERTING YOUR FUND TO AN OPEN-END INVESTMENT COMPANY. | Mgmt | For | Against |
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 12 of 13 |
Master Fund
| PUTNAM PREMIER INCOME TRUST | ||||||||||||
Security: | 746853100 | Agenda Number: | 932643364 | |||||||||
Ticker: | PPT | Meeting Type: | Special | |||||||||
ISIN: | Meeting Date: | 15-May-07 | ||||||||||
| Proposed | For/Against | |||||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||||
| 01 | APPROVING A NEW MANAGEMENT CONTRACT FOR YOUR FUND. | Mgmt | For | For |
Investment Company Report
Meeting Date Range: | 01-Jul-06 — 30-Jun-07 | Report Date: | 26-Jul-2007 | |||
| Page 13 of 13 |
Master Fund
| WESTERN ASSET CLAYMORE US TREASURY | ||||||||||
Security: | 95766Q106 | Agenda Number: | 932673317 | |||||||
Ticker: | WIA | Meeting Type: | Annual | |||||||
ISIN: | Meeting Date: | 14-May-07 | ||||||||
| Proposed | For/Against | |||||||
| Prop. # | Proposal | by | Proposal Vote | Management | ||||
| 01 | DIRECTOR | |||||||
| 1 NICHOLAS DALMASO* | Mgmt | No vote | ||||||
| 2 MICHAEL LARSON* | Mgmt | No vote | ||||||
| 3 R. JAY GERKEN** | Mgmt | No vote |
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Registrant: The Endowment Master Fund, L.P.
| By: | /s/ Roy V. Washington Chief Compliance Officer | |||
| Date: | 8/7/07 | |||