UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERD MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: | 811-22172
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Exact name of registrant as specified in charter: | World Funds Trust
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Address of principal executive offices: | 8730 Stony Point Parkway, Suite 205 Richmond, VA 23235 |
Name and address of agent for service: | The Corporation Trust Company 1209 Orange Street Wilmington, DE 19801 |
| with a copy to: Practus, LLP 11300 Tomahawk Creek Parkway, Suite 310 Leawood, KS 66211 |
Registrant’s telephone number, including area code: | 800-267-7400 |
Date of fiscal year end: | December 31st |
Date of reporting period: | July 1, 2020 to June 30, 2021 |
Item 1. Proxy Voting Record.
REMS Real Estate Value-Opportunity Fund -------------------------------------------------------------------------------------------------------------------------- ALEXANDER & BALDWIN, INC. Agenda Number: 935340581 -------------------------------------------------------------------------------------------------------------------------- Security: 014491104 Meeting Type: Annual Ticker: ALEX Meeting Date: 27-Apr-2021 ISIN: US0144911049 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Christopher J. Benjamin Mgmt For For 1B. Election of Director: Diana M. Laing Mgmt For For 1C. Election of Director: John T. Leong Mgmt For For 1D. Election of Director: Thomas A. Lewis, Jr. Mgmt For For 1E. Election of Director: Douglas M. Pasquale Mgmt For For 1F. Election of Director: Michele K. Saito Mgmt For For 1G. Election of Director: Eric K. Yeaman Mgmt For For 2. PROPOSAL TO APPROVE THE ADVISORY RESOLUTION RELATING Mgmt For For TO EXECUTIVE COMPENSATION. 3. PROPOSAL TO RATIFY THE APPOINTMENT OF DELOITTE & Mgmt For For TOUCHE LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE CORPORATION. -------------------------------------------------------------------------------------------------------------------------- AVALONBAY COMMUNITIES, INC. Agenda Number: 935383048 -------------------------------------------------------------------------------------------------------------------------- Security: 053484101 Meeting Type: Annual Ticker: AVB Meeting Date: 20-May-2021 ISIN: US0534841012 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: Glyn F. Aeppel 1B. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: Terry S. Brown 1C. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: Alan B. Buckelew 1D. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: Ronald L. Havner, Jr. 1E. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: Stephen P. Hills 1F. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: Christopher B. Howard 1G. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: Richard J. Lieb 1H. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: Nnenna Lynch 1I. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: Timothy J. Naughton 1J. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: Benjamin W. Schall 1K. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: Susan Swanezy 1L. Election of Director to serve until the 2022 Annual Mgmt For For Meeting: W. Edward Walter 2. To ratify the selection of Ernst & Young LLP as the Mgmt For For Company's independent auditors for the year ending December 31, 2021. 3. To adopt a resolution approving, on a non-binding Mgmt For For advisory basis, the compensation paid to the Company's Named Executive Officers, as disclosed pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, compensation tables and narrative discussion set forth in the proxy statement. -------------------------------------------------------------------------------------------------------------------------- CENTURY COMMUNITIES, INC. Agenda Number: 935354174 -------------------------------------------------------------------------------------------------------------------------- Security: 156504300 Meeting Type: Annual Ticker: CCS Meeting Date: 05-May-2021 ISIN: US1565043007 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Dale Francescon Mgmt For For 1B. Election of Director: Robert J. Francescon Mgmt For For 1C. Election of Director: Patricia L. Arvielo Mgmt For For 1D. Election of Director: John P. Box Mgmt For For 1E. Election of Director: Keith R. Guericke Mgmt For For 1F. Election of Director: James M. Lippman Mgmt For For 2. To ratify the appointment of Ernst & Young LLP as our Mgmt For For independent registered public accounting firm for the year ending December 31, 2021. 3. To approve, on an advisory basis, our executive Mgmt For For compensation. -------------------------------------------------------------------------------------------------------------------------- COLONY CAPITAL INC Agenda Number: 935390497 -------------------------------------------------------------------------------------------------------------------------- Security: 19626G108 Meeting Type: Annual Ticker: CLNY Meeting Date: 04-May-2021 ISIN: US19626G1085 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director term expiring at the 2022 annual Mgmt For For meeting: Sháka Rasheed 1B. Election of Director term expiring at the 2022 annual Mgmt For For meeting: J. Braxton Carter 1C. Election of Director term expiring at the 2022 annual Mgmt For For meeting: Gregory J. McCray 1D. Election of Director term expiring at the 2022 annual Mgmt For For meeting: Jeannie H. Diefenderfer 1E. Election of Director term expiring at the 2022 annual Mgmt For For meeting: Marc C. Ganzi 1F. Election of Director term expiring at the 2022 annual Mgmt For For meeting: Dale Anne Reiss 1G. Election of Director term expiring at the 2022 annual Mgmt For For meeting: Jon A. Fosheim 1H. Election of Director term expiring at the 2022 annual Mgmt For For meeting: Nancy A. Curtin 1I. Election of Director term expiring at the 2022 annual Mgmt For For meeting: Thomas J. Barrack, Jr. 1J. Election of Director term expiring at the 2022 annual Mgmt For For meeting: John L. Steffens 2. Approval of an advisory proposal regarding the Mgmt For For compensation paid to Colony Capital, Inc.'s named executive officers. 3. Ratification of the appointment of Ernst & Young LLP Mgmt For For as independent public auditor for the fiscal year ending December 31, 2021. -------------------------------------------------------------------------------------------------------------------------- FORESTAR GROUP INC. Agenda Number: 935313306 -------------------------------------------------------------------------------------------------------------------------- Security: 346232101 Meeting Type: Annual Ticker: FOR Meeting Date: 19-Jan-2021 ISIN: US3462321015 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Samuel R. Fuller Mgmt For For 1B. Election of Director: Lisa H. Jamieson Mgmt For For 1C. Election of Director: G.F. (Rick) Ringler,III Mgmt For For 1D. Election of Director: Donald C. Spitzer Mgmt For For 1E. Election of Director: Donald J. Tomnitz Mgmt For For 2. Approval of the advisory resolution on Forestar's Mgmt For For executive compensation. 3. Ratification of the Audit Committee's appointment of Mgmt For For Ernst & Young LLP as Forestar's independent registered public accounting firm for the fiscal year 2021. -------------------------------------------------------------------------------------------------------------------------- HEALTHCARE TRUST OF AMERICA, INC. Agenda Number: 935225599 -------------------------------------------------------------------------------------------------------------------------- Security: 42225P501 Meeting Type: Annual Ticker: HTA Meeting Date: 07-Jul-2020 ISIN: US42225P5017 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Scott D. Peters Mgmt For For 1B. Election of Director: W. Bradley Blair, II Mgmt For For 1C. Election of Director: Vicki U. Booth Mgmt For For 1D. Election of Director: H. Lee Cooper Mgmt For For 1E. Election of Director: Warren D. Fix Mgmt For For 1F. Election of Director: Peter N. Foss Mgmt For For 1G. Election of Director: Jay P. Leupp Mgmt For For 1H. Election of Director: Gary T. Wescombe Mgmt For For 2. To approve, on an advisory vote, the compensation of Mgmt For For our named executive officers. 3. To consider and vote upon the ratification of the Mgmt For For appointment of Deloitte & Touche LLP as our independent registered public accounting firm for fiscal year ending December 31, 2020. -------------------------------------------------------------------------------------------------------------------------- HEALTHPEAK PROPERTIES, INC Agenda Number: 935346280 -------------------------------------------------------------------------------------------------------------------------- Security: 42250P103 Meeting Type: Annual Ticker: PEAK Meeting Date: 28-Apr-2021 ISIN: US42250P1030 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Brian G. Cartwright Mgmt For For 1B. Election of Director: Christine N. Garvey Mgmt For For 1C. Election of Director: R. Kent Griffin, Jr. Mgmt For For 1D. Election of Director: David B. Henry Mgmt For For 1E. Election of Director: Thomas M. Herzog Mgmt For For 1F. Election of Director: Lydia H. Kennard Mgmt For For 1G. Election of Director: Sara G. Lewis Mgmt For For 1H. Election of Director: Katherine M. Sandstrom Mgmt For For 2. Approval of 2020 executive compensation on an advisory Mgmt For For basis. 3. Ratification of the appointment of Deloitte & Touche Mgmt For For LLP as Healthpeak Properties, Inc.'s independent registered public accounting firm for the year ending December 31, 2021. -------------------------------------------------------------------------------------------------------------------------- HERSHA HOSPITALITY TRUST Agenda Number: 935399344 -------------------------------------------------------------------------------------------------------------------------- Security: 427825500 Meeting Type: Annual Ticker: HT Meeting Date: 27-May-2021 ISIN: US4278255009 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Class II Trustee: Hasu P. Shah Mgmt For For 1B. Election of Class II Trustee: Jackson Hsieh Mgmt For For 1C. Election of Class II Trustee: Dianna F. Morgan Mgmt For For 1D. Election of Class II Trustee: John M. Sabin Mgmt For For 2. To approve on an advisory basis the compensation of Mgmt For For the Company's named executive officers. 3. To approve an amendment to the 2012 Equity Incentive Mgmt For For Plan. 4. To ratify the appointment of KPMG LLP as the Company's Mgmt For For independent auditors for the year ending December 31, 2021. -------------------------------------------------------------------------------------------------------------------------- MACK-CALI REALTY CORPORATION Agenda Number: 935241137 -------------------------------------------------------------------------------------------------------------------------- Security: 554489104 Meeting Type: Annual Ticker: CLI Meeting Date: 01-Jul-2020 ISIN: US5544891048 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Alan R. Batkin Mgmt For For Michael Berman Mgmt For For Frederic Cumenal Mgmt For For MaryAnne Gilmartin Mgmt For For Tammy K. Jones Mgmt For For A. Akiva Katz Mgmt For For Nori Gerardo Lietz Mgmt For For Mahbod Nia Mgmt For For Howard S. Stern Mgmt For For 2. A proposal, on an advisory basis, for the adoption of Mgmt Against Against a resolution approving the compensation of our named executive officers. 3. A proposal to ratify the appointment of Mgmt For For PricewaterhouseCoopers LLP as the Company's independent public registered accountants for the fiscal year ending December 31, 2020. -------------------------------------------------------------------------------------------------------------------------- MACK-CALI REALTY CORPORATION Agenda Number: 935415516 -------------------------------------------------------------------------------------------------------------------------- Security: 554489104 Meeting Type: Annual Ticker: CLI Meeting Date: 09-Jun-2021 ISIN: US5544891048 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Alan R. Batkin Mgmt For For Frederic Cumenal Mgmt For For Tammy K. Jones Mgmt For For A. Akiva Katz Mgmt For For Nori Gerardo Lietz Mgmt For For Victor MacFarlane Mgmt For For Mahbod Nia Mgmt For For Howard S. Stern Mgmt For For 2. To amend and restate the Company's 2013 Incentive Mgmt For For Stock Plan. 3. To adopt a resolution approving the compensation of Mgmt For For our named executive officers. 4. To ratify the appointment of PricewaterhouseCoopers Mgmt For For LLP as the Company's independent registered public accountants for the fiscal year ending December 31, 2021. -------------------------------------------------------------------------------------------------------------------------- REGENCY CENTERS CORPORATION Agenda Number: 935360634 -------------------------------------------------------------------------------------------------------------------------- Security: 758849103 Meeting Type: Annual Ticker: REG Meeting Date: 05-May-2021 ISIN: US7588491032 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Martin E. Stein, Jr. Mgmt For For 1B. Election of Director: Joseph F. Azrack Mgmt For For 1C. Election of Director: Bryce Blair Mgmt For For 1D. Election of Director: C. Ronald Blankenship Mgmt For For 1E. Election of Director: Deirdre J. Evens Mgmt For For 1F. Election of Director: Thomas W. Furphy Mgmt For For 1G. Election of Director: Karin M. Klein Mgmt For For 1H. Election of Director: Peter D. Linneman Mgmt For For 1I. Election of Director: David P. O'Connor Mgmt For For 1J. Election of Director: Lisa Palmer Mgmt For For 1K. Election of Director: Thomas G. Wattles Mgmt For For 2. Adoption of an advisory resolution approving executive Mgmt For For compensation for fiscal year 2020. 3. Ratification of appointment of KPMG LLP as the Mgmt For For Company's independent registered public accounting firm for the year ending December 31, 2021. -------------------------------------------------------------------------------------------------------------------------- THE HOWARD HUGHES CORPORATION Agenda Number: 935391843 -------------------------------------------------------------------------------------------------------------------------- Security: 44267D107 Meeting Type: Annual Ticker: HHC Meeting Date: 27-May-2021 ISIN: US44267D1072 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: William Ackman Mgmt For For 1B. Election of Director: Adam Flatto Mgmt For For 1C. Election of Director: Jeffrey Furber Mgmt For For 1D. Election of Director: Beth Kaplan Mgmt For For 1E. Election of Director: Allen Model Mgmt For For 1F. Election of Director: David O'Reilly Mgmt For For 1G. Election of Director: R. Scot Sellers Mgmt For For 1H. Election of Director: Steven Shepsman Mgmt For For 1I. Election of Director: Mary Ann Tighe Mgmt For For 1J. Election of Director: Anthony Williams Mgmt For For 2. Advisory vote to approve executive compensation Mgmt For For (Say-on-Pay). 3. Ratification of the appointment of Ernst & Young LLP Mgmt For For as our independent registered public accounting firm for 2021. -------------------------------------------------------------------------------------------------------------------------- UMH PROPERTIES, INC. Agenda Number: 935406365 -------------------------------------------------------------------------------------------------------------------------- Security: 903002103 Meeting Type: Annual Ticker: UMH Meeting Date: 16-Jun-2021 ISIN: US9030021037 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Anna T. Chew Mgmt For For Eugene W. Landy Mgmt For For Samuel A. Landy Mgmt For For Stuart D. Levy Mgmt For For 2. Ratification of the appointment of PKF O'Connor Mgmt For For Davies, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2021. 3. The approval of an amendment to the Amended and Mgmt For For Restated 2013 Incentive Award Plan. -------------------------------------------------------------------------------------------------------------------------- VEREIT, INC. Agenda Number: 935406137 -------------------------------------------------------------------------------------------------------------------------- Security: 92339V308 Meeting Type: Annual Ticker: VER Meeting Date: 03-Jun-2021 ISIN: US92339V3087 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director Nominees to serve until the 2022 Mgmt For For Annual Meeting of Stockholders and until their respective successors are duly elected and qualify: Glenn J. Rufrano 1B. Election of Director Nominees to serve until the 2022 Mgmt For For Annual Meeting of Stockholders and until their respective successors are duly elected and qualify: Hugh R. Frater 1C. Election of Director Nominees to serve until the 2022 Mgmt For For Annual Meeting of Stockholders and until their respective successors are duly elected and qualify: Priscilla Almodovar 1D. Election of Director Nominees to serve until the 2022 Mgmt For For Annual Meeting of Stockholders and until their respective successors are duly elected and qualify: David B. Henry 1E. Election of Director Nominees to serve until the 2022 Mgmt For For Annual Meeting of Stockholders and until their respective successors are duly elected and qualify: Mary Hogan Preusse 1F. Election of Director Nominees to serve until the 2022 Mgmt For For Annual Meeting of Stockholders and until their respective successors are duly elected and qualify: Richard J. Lieb 1G. Election of Director Nominees to serve until the 2022 Mgmt For For Annual Meeting of Stockholders and until their respective successors are duly elected and qualify: Eugene A. Pinover 1H. Election of Director Nominees to serve until the 2022 Mgmt For For Annual Meeting of Stockholders and until their respective successors are duly elected and qualify: Julie G. Richardson 1I. Election of Director Nominees to serve until the 2022 Mgmt For For Annual Meeting of Stockholders and until their respective successors are duly elected and qualify: Susan E. Skerritt 2. To ratify the appointment of Deloitte & Touche LLP as Mgmt For For the Company's independent registered public accounting firm for the fiscal year ending December 31, 2021. 3. To approve by a non-binding advisory resolution the Mgmt For For compensation of the Company's named executive officers as described in the Company's definitive proxy statement. 4. To approve the VEREIT, Inc. 2021 Equity Incentive Mgmt For For Plan. 5. To approve amendments to the Company's Articles of Mgmt For For Amendment and Restatement and Amended and Restated Bylaws ("Bylaws") to allow the Bylaws to be amended by our stockholders.
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.
World Funds Trust
(Registrant)
By | /s/ Karen Shupe |
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Name: | Karen Shupe |
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Title: | Principal Executive Officer |
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Date: August 20, 2021