UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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 811-21700
Tortoise North American Energy Corporation
(Exact name of registrant as specified in charter)
(Exact name of registrant as specified in charter)
10801 Mastin Blvd., Suite 222, Overland Park, KS 66210
(Address of principal executive offices) (Zip code)
(Address of principal executive offices) (Zip code)
David J. Schulte, 10801 Mastin Blvd., Suite 222, Overland Park, KS 66210
(Name and address of agent for service)
(Name and address of agent for service)
Registrant's telephone number, including area code: 913-981-1020
Date of fiscal year end: November 30
Date of reporting period: June 30, 2006
Item 1. Proxy Voting Record.
Company Name | Meeting Date | CUSIP | Ticker | |||
Canadian Oil Sands Trust | 4/25/2006 | COS.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. To direct the Trustee to vote common shares of Canadian Oil Sands Limited (COSL) to appoint Pricewaterhouse Coopers as auditors of COSL at remuneration to be approved by COSL directors. | Issuer | |||
For | For | 2. To appoint Pricewaterhouse Coopers as auditors of the Trust at remuneration to be approved by directors of COSL. | Issuer | |||
For | For | 3. To direct the Trustee to vote COSL common shares to elect the following eight nominees as directors of COSL: | Issuer | |||
Marcel Coutu E. Susan Evans Donald Mazankowski Wayne Newhouse Walter O'Donoghue C.E. Shultz Wesley Twiss John Zaozirny | ||||||
For | For | 4. To authorize a 5-for-1 unit split and an amendment to the Trust Indenture to allow the Board to affect splits in the future without unitholder approval. | Issuer | |||
For | For | 5. To authorize an amendment to foreign ownership provisions in the Trust Indenture. | Issuer | |||
For | For | 6. To appoint Computershare Trust Company of Canada as Trustee for an additional three year term commencing on meeting date and expiring after 2009 annual meeting of unitholders. | Issuer | |||
Company Name | Meeting Date | CUSIP | Ticker | |||
Magellan Midstream Partners, LP | 4/26/2006 | 559080106 | MMP | |||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For all nominees | For | 1. Election of three Class III directors | Issuer | |||
N. John Lancaster, Jr. George A. O'Brien, Jr. Thomas S. Souleles | ||||||
Company Name | Meeting Date | CUSIP | Ticker | |||
AltaGas Income Trust | 4/27/2006 | ALA.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. Appointment of Ernst & Young as auditors of Trust and authorization for Directors of Trust's general partner to fix auditors remuneration. | Issuer | |||
For | For | 2. To direct Trustee to cause election of the following eight director nominees as directors of the Trust's general partner: | Issuer | |||
David W. Cornhill John B. Breen Allan L. Edgeworth Denis C. Fonteyne Daryl H. Gilbert Robert B. Hodgins Myron F. Kanik David F. Mackie | ||||||
For | For | 3. Amendment of the Trust's Unit Option plan including to change the maximum amount of shares issuable thereunder. | Issuer | |||
Company Name | Meeting Date | CUSIP | Ticker | |||
Pembina Pipeline Income Fund | 4/27/2006 | PIF.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. The election of six directors of Pembina Pipeline Corporation (Pembina) | Issuer | |||
David A. Bissett Lorne B. Gordon Myron F. Kanik David N. Kitchen Robert B. Michaleski Robert F. Taylor | ||||||
For | For | 2. To appoint KPMG as auditors of the Fund and Pembina and to authorize the directors of Pembina to fix their remuneration. | Issuer | |||
For | For | 3. To authorize the amendment and restatement of the Fund's Trust Unit Option Plan. | Issuer | |||
Company Name | Meeting Date | CUSIP | Ticker | |||
Progress Energy Trust | 4/27/2006 | PGX.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. Resolution fixing the number of directors of Progress Energy Ltd. to be elected at the meeting at seven members. | Issuer | |||
For | For | 2. Election of seven directors of Progress Energy Ltd. | Issuer | |||
David D. Johnson Frederic C. Coles Gary E. Perron Donald F. Archibald Howard J. Crone John A. Brussa Michael R. Culbert | ||||||
For | For | 3. Appointment of KPMG as auditors and authorization for the directors to fix their remuneration. | Issuer | |||
Company Name | Meeting Date | CUSIP | Ticker | |||
Enbridge Income Fund | 5/1/2006 | ENF.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
1. Directing and instructing the sole trustee of the Fund to vote the units of Enbridge Commercial Trust (ECT) held by the Fund with respect to the election of independent trustees of ECT: | Issuer | |||||
For | For | Richard H. Auchinleck | ||||
For | For | J. Lorne Braithwaite | ||||
For | For | M. Elizabeth Cannon | ||||
For | For | G. Gordon Tallman | ||||
For | For | Wesley R. Twiss | ||||
For | For | 2. Appointment of Pricewaterhouse Coopers as auditors of the Fund and authorization of the Trustees of ECT to fix their remuneration. | Issuer | |||
For | For | 3. Approval of amendment of the Trust Indenture of the Fund, and directing and instructing Fund Trustee to vote ECT units held by Fund to approve similar amendments to the Trust Indenture of ECT, to revise certain provisions relating to permitted activities of Fund and ECT. | Issuer | |||
For | For | 4. To continue, ratify, confirm and approve the Fund's Unitholder Rights Plan, as amended and restated, which must be reconfirmed every three years to remain in effect. | Issuer | |||
For | For | 5. To amend both the Fund's Trust Indenture and ECT's Trust Indenture, eliminating the provisions relating to the existing requirement to appoint an auditor for ECT on an annual basis. | Issuer | |||
For | For | 6. If above item 5 does not pass, to direct and instruct the Fund Trustee to vote the ECT units held by the Fund to appoint Pricewaterhouse Coopers as auditors of ECT and to authorize the trustees of ECT to fix their remuneration. | Issuer | |||
Company Name | Meeting Date | CUSIP | Ticker | |||
Boralex Power Income Fund | 5/2/2006 | BPT.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. To appoint Ernst & Young as auditor of the Fund and authorization for the trustees of Boralex Power Trust (BPT) to fix their remuneration. | Issuer | |||
For | For | 2. To instruct Computershare Trust Company of Canada, as sole trustee of the Fund, as to how it shall vote the trust units of BPT to elect the independent trustees of BPT. | Issuer | |||
For | For | 3. To instruct Computershare Trust Company of Canada, as sole trustee of the Fund, as to how it shall vote the trust units of BPT for the appointment of Ernst & Young as auditor of BPT and to fix their remuneration. | Issuer | |||
For | For | 4. To approve the amendments made by the board of trustees of BPT to the trust agreement of BPT dated 2/6/02. | Issuer | |||
Company Name | Meeting Date | CUSIP | Ticker | |||
Duke Energy Income Fund | 5/8/2006 | DET.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. To appoint Deloitte & Touche as auditors of the Fund and authorize the trustees of Duke Energy Commercial Trust (CT) to fix their remuneration. | Issuer | |||
2. To direct the trustee of the Fund as to the manner in which the Fund trustee shall vote the units of CT held by the Fund to elect the following independent CT trustees: | Issuer | |||||
For | For | Douglas J. Black | ||||
For | For | Beverly Anne Briscoe | ||||
For | For | John G. Schissel | ||||
Company Name | Meeting Date | CUSIP | Ticker | |||
Innergex Power Income Fund | 5/10/2006 | ALA.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. To appoint KPMG as auditors of the Fund and authorize the trustees of Innergex Power Trust (IPT) to fix their remuneration. | Issuer | |||
2. To direct the Fund Trustee to vote IPT units held by the Fund in favor of the election of the following four unrelated IPT trustees: | Issuer | |||||
For | For | John A. Hanna | ||||
For | For | Jean La Couture | ||||
For | For | Daniel L. Lafrance | ||||
For | For | Lise Lachapelle | ||||
For | For | 3. To direct the Fund Trustee to vote for the appointment of KPMG as auditors of IPT and to authorize the trustees of IPT to fix their remuneration. | Issuer | |||
Company Name | Meeting Date | CUSIP | Ticker | |||
Keyera Facilities Income Fund | 5/10/2006 | KEY.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. Reappointment of Deloitte & Touche as auditors of the Fund. | Issuer | |||
2. Election of eight directors of Keyera Energy Management Ltd., the administrator of the Fund | Issuer | |||||
For | For | James V. Bertram | ||||
For | For | Robert B. Catell | ||||
For | For | Michael B.C. Davies | ||||
For | For | Nancy M. Laird | ||||
For | For | Hon. E. Peter Lougheed | ||||
For | For | H. Neil Nichols | ||||
For | For | William R. Stedman | ||||
For | For | Wesley R. Twiss | ||||
Company Name | Meeting Date | CUSIP | Ticker | |||
ARC Energy Trust | 5/15/2006 | AET.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. The appointment of Computershare Trust Company of Canada, as Trustee of the Trust for the ensuing year. | Issuer | |||
For | For | 2. The election of eight directors of ARC Resources Ltd. | Issuer | |||
Frederic C. Coles Walter DeBoni John P. Dielwart Fred J. Dyment Michael M. Kanovsky Herbert C. Pinder, Jr. John M. Stewart Mac H. Van Wielingen | ||||||
For | For | 3. The approval of the special resolution to make certain amendments to the trust indenture of the Trust. | Issuer | |||
For | For | 4. The approval of the special resolution directing the trustee of the Trust to approve the reorganization of the exchangeable share capital of ARC Resources Ltd. | Issuer | |||
For | For | 5. The appointment of Deloitte & Touche as auditors of the Trust. | Issuer | |||
Company Name | Meeting Date | CUSIP | Ticker | |||
Focus Energy Trust | 5/17/2006 | FET.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. Resolution fixing the number of directors of FET Resources Ltd. to be elected at the meeting at six members. | Issuer | |||
For | For | 2. Election of six directors of FET Resources Ltd. | Issuer | |||
Matthew J. Brister John A. Brussa Stuart G. Clark Derek W. Evans James H. McKelvie Gerald A. Romanzin | ||||||
For | For | 3. Appointment of KPMG as auditors and authorization of the directors of FET Resources Ltd. to fix their remuneration. | Issuer | |||
Company Name | Meeting Date | CUSIP | Ticker | |||
Northland Power Income Fund | 5/17/2006 | NPI.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. Reappointment of Ernst & Young as auditors of the Fund | Issuer | |||
For | For | 2. Directing the Trustee to vote the NPIF Commercial Trust (CT) units in favor of electing three nominees of the Fund as trustees of CT, the Fund's subsidiary. | Issuer | |||
A. Warrant Moysey F. David Rounthwaite John N. Turner | ||||||
Company Name | Meeting Date | CUSIP | Ticker | |||
Focus Energy Trust | 6/26/2006 | FET.UN | ||||
Vote | For/Against Management | Proposal | Proposed by Issuer or Security Holder | |||
For | For | 1. Passing, with or without variation, a resolution of Focus Energy Trust (Focus) and Profico Energy Management Ltd. to an arrangement under Section 193 of the Business Corporations Act (Alberta) as described in the Information Circular. | Issuer | |||
For | For | 2. Election of three additional directors of FET Resources Ltd. | Issuer | |||
Clayton H. Woitas David P. O'Brien Jeff S. Lebbert | ||||||
For | For | 3. Approval of certain amendments to Focus' unit rights incentive plan to increase the maximum number of Focus units issuable under such plan to 5% of the total issued and outstanding Focus units (including Focus units issuable upon exchange of exchangeable shares of FET Resources Ltd. and exchangeable Class B limited partnership units of Focus Limited Partnership). | Issuer |
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) Tortoise North American Energy Corporation
By (Signature and Title)* | /s/ David J. Schulte | ||
David J. Schulte, Chief Executive Officer and President | |||
Date | August 30, 2006 |
* Print the name and title of each signing officer under his or her signature.