Smead Value Fund (SMVLX) N-PX Annual report of proxy voting record

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT

INVESTMENT COMPANY

Investment Company Act file number: 811-22985

SMEAD FUNDS TRUST

(Exact name of registrant as specified in charter)

2777 East Camelback Road, Suite 375

Phoenix, AZ 85016

(Address of principal executive offices) (Zip code)

Cole W. Smead

Smead Capital Management, Inc.

2777 East Camelback Road, Suite 375

Phoenix, AZ 85016

Copy to:

Pamela M. Krill, Esq.

Godfrey & Kahn, S.C.

833 East Michigan Street, Suite 1800

Milwaukee, WI 53202

(Name and address of agent for service)

Registrant’s telephone number, including area code: (877) 807-4122

Date of fiscal year end: November 30

Date of reporting period: July 1, 2020-June 30, 2021

Item 1. Proxy Voting Record.

Investment Company Report

CREDIT ACCEPTANCE CORPORATION
Security	225310101	Meeting Type	Annual
Ticker Symbol	CACC	Meeting Date	15-Jul-2020
ISIN	US2253101016	Agenda	935232025 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1.	DIRECTOR	Management
	1   Glenda J. Flanagan		For	For
	2   Brett A. Roberts		For	For
	3   Thomas N. Tryforos		For	For
	4   Scott J. Vassalluzzo		For	For
2.	Advisory vote to approve named executive officer compensation.	Management	For	For
3.	Ratification of the selection of Grant Thornton LLP as Credit Acceptance Corporation’s independent registered public accounting firm for 2020.	Management	For	For

AMERCO
Security	023586100	Meeting Type	Annual
Ticker Symbol	UHAL	Meeting Date	20-Aug-2020
ISIN	US0235861004	Agenda	935244373 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1.	DIRECTOR	Management
	1   Edward J. Shoen		For	For
	2   James E. Acridge		For	For
	3   John P. Brogan		For	For
	4   James J. Grogan		For	For
	5   Richard J. Herrera		For	For
	6   Karl A. Schmidt		For	For
	7   Roberta R. Shank		For	For
	8   Samuel J. Shoen		For	For
2.	An advisory vote to approve the compensation paid to the Company’s Named Executive Officers as disclosed in the Proxy Statement.	Management	For	For

3.	An advisory vote on the frequency of future advisory votes on the compensation of the Named Executive Officers.	Management	1 Year	Against
4.	The ratification of the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2021.	Management	For	For
5.	A proposal received from Company stockholder proponents to ratify and affirm the decisions and actions taken by the Board of Directors and executive officers of the Company with respect to AMERCO, its subsidiaries, and its various constituencies for the fiscal year ended March 31, 2020.	Management	For	For

CONOCOPHILLIPS
Security	20825C104	Meeting Type	Special
Ticker Symbol	COP	Meeting Date	15-Jan-2021
ISIN	US20825C1045	Agenda	935317962 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1.	To approve the issuance of shares of common stock, par value $0.01 per share, of ConocoPhillips to the stockholders of Concho Resources Inc. (“Concho”) in connection with the merger contemplated by the Agreement and Plan of Merger, dated as of October 18, 2020 (as it may be amended from time to time), among ConocoPhillips, Falcon Merger Sub Corp. and Concho.	Management	For	For

D.R. HORTON, INC.
Security	23331A109	Meeting Type	Annual
Ticker Symbol	DHI	Meeting Date	20-Jan-2021
ISIN	US23331A1097	Agenda	935320870 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of director: Donald R. Horton	Management	For	For
1B.	Election of director: Barbara K. Allen	Management	For	For
1C.	Election of director: Brad S. Anderson	Management	For	For
1D.	Election of director: Michael R. Buchanan	Management	For	For
1E.	Election of director: Michael W. Hewatt	Management	For	For
1F.	Election of director: Maribess L. Miller	Management	For	For
2.	Approval of the advisory resolution on executive compensation .	Management	For	For
3.	Ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm.	Management	For	For

ACCENTURE PLC
Security	G1151C101	Meeting Type	Annual
Ticker Symbol	ACN	Meeting Date	03-Feb-2021
ISIN	IE00B4BNMY34	Agenda	935318128 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Appointment of Director: Jaime Ardila	Management	For	For
1B.	Appointment of Director: Herbert Hainer	Management	For	For
1C.	Appointment of Director: Nancy McKinstry	Management	For	For
1D.	Appointment of Director: Beth E. Mooney	Management	For	For
1E.	Appointment of Director: Gilles C. Pélisson	Management	For	For
1F.	Appointment of Director: Paula A. Price	Management	For	For
1G.	Appointment of Director: Venkata (Murthy) Renduchintala	Management	For	For
1H.	Appointment of Director: David Rowland	Management	For	For
1I.	Appointment of Director: Arun Sarin	Management	For	For
1J.	Appointment of Director: Julie Sweet	Management	For	For
1K.	Appointment of Director: Frank K. Tang	Management	For	For
1L.	Appointment of Director: Tracey T. Travis	Management	For	For
2.	To approve, in a non-binding vote, the compensation of our named executive officers.	Management	For	For
3.	To ratify, in a non-binding vote, the appointment of KPMG LLP (“KPMG”) as independent auditors of Accenture and to authorize, in a binding vote, the Audit Committee of the Board of Directors to determine KPMG’s remuneration.	Management	For	For
4.	To grant the Board of Directors the authority to issue shares under Irish law.	Management	For	For
5.	To grant the Board of Directors the authority to opt-out of pre-emption rights under Irish law.	Management	For	For
6.	To determine the price range at which Accenture can re-allot shares that it acquires as treasury shares under Irish law.	Management	For	For

THE WALT DISNEY COMPANY
Security	254687106	Meeting Type	Annual
Ticker Symbol	DIS	Meeting Date	09-Mar-2021
ISIN	US2546871060	Agenda	935328206 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Susan E. Arnold	Management	For	For
1B.	Election of Director: Mary T. Barra	Management	For	For
1C.	Election of Director: Safra A. Catz	Management	For	For
1D.	Election of Director: Robert A. Chapek	Management	For	For
1E.	Election of Director: Francis A. deSouza	Management	For	For

1F.	Election of Director: Michael B.G. Froman	Management	For	For
1G.	Election of Director: Robert A. Iger	Management	For	For
1H.	Election of Director: Maria Elena Lagomasino	Management	For	For
1I.	Election of Director: Mark G. Parker	Management	For	For
1J.	Election of Director: Derica W. Rice	Management	For	For
2.	To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s registered public accountants for fiscal 2021.	Management	For	For
3.	To approve the advisory resolution on executive compensation.	Management	For	For
4.	Shareholder proposal requesting an annual report disclosing information regarding the Company’s lobbying policies and activities.	Shareholder	Against	For
5.	Shareholder proposal requesting non-management employees on director nominee candidate lists.	Shareholder	Against	For

QUALCOMM INCORPORATED
Security	747525103	Meeting Type	Annual
Ticker Symbol	QCOM	Meeting Date	10-Mar-2021
ISIN	US7475251036	Agenda	935327569 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Sylvia Acevedo	Management	For	For
1B.	Election of Director: Mark Fields	Management	For	For
1C.	Election of Director: Jeffrey W. Henderson	Management	For	For
1D.	Election of Director: Gregory N. Johnson	Management	For	For
1E.	Election of Director: Ann M. Livermore	Management	For	For
1F.	Election of Director: Harish Manwani	Management	For	For
1G.	Election of Director: Mark D. McLaughlin	Management	For	For
1H.	Election of Director: Jamie S. Miller	Management	For	For
1I.	Election of Director: Steve Mollenkopf	Management	For	For
1J.	Election of Director: Clark T. Randt, Jr.	Management	For	For
1K.	Election of Director: Irene B. Rosenfeld	Management	For	For
1L.	Election of Director: Kornelis “Neil” Smit	Management	For	For
1M.	Election of Director: Jean-Pascal Tricoire	Management	For	For
1N.	Election of Director: Anthony J. Vinciquerra	Management	For	For
2.	To ratify the selection of PricewaterhouseCoopers LLP as our independent public accountants for our fiscal year ending September 26, 2021.	Management	For	For
3.	To approve, on an advisory basis, our executive compensation.	Management	For	For

STARBUCKS CORPORATION
Security	855244109	Meeting Type	Annual
Ticker Symbol	SBUX	Meeting Date	17-Mar-2021
ISIN	US8552441094	Agenda	935326935 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Richard E. Allison, Jr.	Management	For	For
1B.	Election of Director: Rosalind G. Brewer (Withdrawn)	Management	For	For
1C.	Election of Director: Andrew Campion	Management	For	For
1D.	Election of Director: Mary N. Dillon	Management	For	For
1E.	Election of Director: Isabel Ge Mahe	Management	For	For
1F.	Election of Director: Mellody Hobson	Management	For	For
1G.	Election of Director: Kevin R. Johnson	Management	For	For
1H.	Election of Director: Jørgen Vig Knudstorp	Management	For	For
1I.	Election of Director: Satya Nadella	Management	For	For
1J.	Election of Director: Joshua Cooper Ramo	Management	For	For
1K.	Election of Director: Clara Shih	Management	For	For
1L.	Election of Director: Javier G. Teruel	Management	For	For
2.	Advisory resolution to approve our executive officer compensation.	Management	For	For
3.	Ratification of selection of Deloitte & Touche LLP as our independent registered public accounting firm for fiscal 2021.	Management	For	For
4.	Employee Board Representation.	Shareholder	Against	For

LENNAR CORPORATION
Security	526057104	Meeting Type	Annual
Ticker Symbol	LEN	Meeting Date	07-Apr-2021
ISIN	US5260571048	Agenda	935339300 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director to serve until the 2022 Annual Meeting: Amy Banse	Management	For	For
1B.	Election of Director to serve until the 2022 Annual Meeting: Rick Beckwitt	Management	For	For
1C.	Election of Director to serve until the 2022 Annual Meeting: Steven L. Gerard	Management	For	For
1D.	Election of Director to serve until the 2022 Annual Meeting: Tig Gilliam	Management	For	For
1E.	Election of Director to serve until the 2022 Annual Meeting: Sherrill W. Hudson	Management	For	For
1F.	Election of Director to serve until the 2022 Annual Meeting: Jonathan M. Jaffe	Management	For	For
1G.	Election of Director to serve until the 2022 Annual Meeting: Sidney Lapidus	Management	For	For
1H.	Election of Director to serve until the 2022 Annual Meeting: Teri P. McClure	Management	For	For
1I.	Election of Director to serve until the 2022 Annual Meeting: Stuart Miller	Management	For	For

1J.	Election of Director to serve until the 2022 Annual Meeting: Armando Olivera	Management	For	For
1K.	Election of Director to serve until the 2022 Annual Meeting: Jeffrey Sonnenfeld	Management	For	For
2.	Approval, on an advisory basis, of the compensation of our named executive officers.	Management	For	For
3.	Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for our fiscal year ending November 30, 2021.	Management	For	For
4.	Approval of a stockholder proposal regarding our common stock voting structure.	Shareholder	Against	For

BANK OF AMERICA CORPORATION
Security	060505104	Meeting Type	Annual
Ticker Symbol	BAC	Meeting Date	20-Apr-2021
ISIN	US0605051046	Agenda	935345670 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Sharon L. Allen	Management	For	For
1B.	Election of Director: Susan S. Bies	Management	For	For
1C.	Election of Director: Frank P. Bramble, Sr.	Management	For	For
1D.	Election of Director: Pierre J.P. de Weck	Management	For	For
1E.	Election of Director: Arnold W. Donald	Management	For	For
1F.	Election of Director: Linda P. Hudson	Management	For	For
1G.	Election of Director: Monica C. Lozano	Management	For	For
1H.	Election of Director: Thomas J. May	Management	For	For
1I.	Election of Director: Brian T. Moynihan	Management	For	For
1J.	Election of Director: Lionel L. Nowell III	Management	For	For
1K.	Election of Director: Denise L. Ramos	Management	For	For
1L.	Election of Director: Clayton S. Rose	Management	For	For
1M.	Election of Director: Michael D. White	Management	For	For
1N.	Election of Director: Thomas D. Woods	Management	For	For
1O.	Election of Director: R. David Yost	Management	For	For
1P.	Election of Director: Maria T. Zuber	Management	For	For
2.	Approving our executive compensation (an advisory, nonbinding “Say on Pay” resolution).	Management	For	For
3.	Ratifying the appointment of our independent registered public accounting firm for 2021.	Management	For	For
4.	Amending and restating the Bank of America Corporation Key Employee Equity Plan.	Management	For	For
5.	Shareholder proposal requesting amendments to our proxy access by law.	Shareholder	Against	For
6.	Shareholder proposal requesting amendments to allow shareholders to act by written consent.	Shareholder	Against	For

7.	Shareholder proposal requesting a change in organizational form.	Shareholder	Against	For
8.	Shareholder proposal requesting a racial equity audit.	Shareholder	Against	For

PFIZER INC.
Security	717081103	Meeting Type	Annual
Ticker Symbol	PFE	Meeting Date	22-Apr-2021
ISIN	US7170811035	Agenda	935344503 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Ronald E. Blaylock	Management	For	For
1B.	Election of Director: Albert Bourla	Management	For	For
1C.	Election of Director: Susan Desmond-Hellmann	Management	For	For
1D.	Election of Director: Joseph J. Echevarria	Management	For	For
1E.	Election of Director: Scott Gottlieb	Management	For	For
1F.	Election of Director: Helen H. Hobbs	Management	For	For

1G.	Election of Director: Susan Hockfield	Management	For	For
1H.	Election of Director: Dan R. Littman	Management	For	For
1I.	Election of Director: Shantanu Narayen	Management	For	For
1J.	Election of Director: Suzanne Nora Johnson	Management	For	For
1K.	Election of Director: James Quincey	Management	For	For
1L.	Election of Director: James C. Smith	Management	For	For
2.	Ratify the selection of KPMG LLP as independent registered public accounting firm for 2021.	Management	For	For
3.	2021 advisory approval of executive compensation.	Management	For	For
4.	Shareholder proposal regarding independent chair policy.	Shareholder	Against	For
5.	Shareholder proposal regarding political spending report.	Shareholder	Against	For
6.	Shareholder proposal regarding access to COVID-19 products.	Shareholder	Against	For

BERKSHIRE HATHAWAY INC.
Security	084670702	Meeting Type	Annual
Ticker Symbol	BRKB	Meeting Date	01-May-2021
ISIN	US0846707026	Agenda	935351128 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1.	DIRECTOR	Management
	1   Warren E. Buffett		For	For
	2   Charles T. Munger		For	For
	3   Gregory E. Abel		For	For
	4   Howard G. Buffett		For	For
	5   Stephen B. Burke		For	For
	6   Kenneth I. Chenault		For	For
	7   Susan L. Decker		For	For
	8   David S. Gottesman		For	For
	9   Charlotte Guyman		For	For
	10   Ajit Jain		For	For
	11   Thomas S. Murphy		For	For
	12   Ronald L. Olson		For	For
	13   Walter Scott, Jr.		For	For
	14   Meryl B. Witmer		For	For
2.	Shareholder proposal regarding the reporting of climate- related risks and opportunities.	Shareholder	Against	For
3.	Shareholder proposal regarding diversity and inclusion reporting.	Shareholder	Against	For

AMERICAN EXPRESS COMPANY
Security	025816109	Meeting Type	Annual
Ticker Symbol	AXP	Meeting Date	04-May-2021
ISIN	US0258161092	Agenda	935357358 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director for a term of one year: Thomas J. Baltimore	Management	For	For
1B.	Election of Director for a term of one year: Charlene Barshefsky	Management	For	For
1C.	Election of Director for a term of one year: John J. Brennan	Management	For	For
1D.	Election of Director for a term of one year: Peter Chernin	Management	For	For
1E.	Election of Director for a term of one year: Ralph de la Vega	Management	For	For
1F.	Election of Director for a term of one year: Michael O. Leavitt	Management	For	For
1G.	Election of Director for a term of one year: Theodore J. Leonsis	Management	For	For
1H.	Election of Director for a term of one year: Karen L. Parkhill	Management	For	For
1I.	Election of Director for a term of one year: Charles E. Phillips	Management	For	For
1J.	Election of Director for a term of one year: Lynn A. Pike	Management	For	For
1K.	Election of Director for a term of one year: Stephen J. Squeri	Management	For	For
1L.	Election of Director for a term of one year: Daniel L. Vasella	Management	For	For
1M.	Election of Director for a term of one year: Lisa W. Wardell	Management	For	For
1N.	Election of Director for a term of one year: Ronald A. Williams	Management	For	For
1O.	Election of Director for a term of one year: Christopher D. Young	Management	For	For
2.	Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2021.	Management	For	For
3.	Approval, on an advisory basis, of the Company’s executive compensation.	Management	For	For
4.	Shareholder proposal relating to action by written consent.	Shareholder	Against	For
5.	Shareholder proposal relating to annual report on diversity.	Shareholder	Against	For

NVR, INC.
Security	62944T105	Meeting Type	Annual
Ticker Symbol	NVR	Meeting Date	05-May-2021
ISIN	US62944T1051	Agenda	935356130 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Dwight C. Schar	Management	For	For
1B.	Election of Director: C.E. Andrews	Management	For	For
1C.	Election of Director: Sallie B. Bailey	Management	For	For
1D.	Election of Director: Thomas D. Eckert	Management	For	For
1E.	Election of Director: Alfred E. Festa	Management	For	For
1F.	Election of Director: Manuel H. Johnson	Management	For	For
1G.	Election of Director: Alexandra A. Jung	Management	For	For
1H.	Election of Director: Mel Martinez	Management	For	For
1I.	Election of Director: William A. Moran	Management	For	For
1J.	Election of Director: David A. Preiser	Management	For	For
1K.	Election of Director: W. Grady Rosier	Management	For	For
1L.	Election of Director: Susan Williamson Ross	Management	For	For
2.	Ratification of appointment of KPMG LLP as independent auditor for the year ending December 31, 2021.	Management	For	For
3.	Advisory vote to approve executive compensation.	Management	For	For

CONOCOPHILLIPS
Security	20825C104	Meeting Type	Annual
Ticker Symbol	COP	Meeting Date	11-May-2021
ISIN	US20825C1045	Agenda	935367602 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	ELECTION OF DIRECTOR: Charles E. Bunch	Management	For	For
1B.	ELECTION OF DIRECTOR: Caroline Maury Devine	Management	For	For
1C.	ELECTION OF DIRECTOR: John V. Faraci	Management	For	For
1D.	ELECTION OF DIRECTOR: Jody Freeman	Management	For	For
1E.	ELECTION OF DIRECTOR: Gay Huey Evans	Management	For	For
1F.	ELECTION OF DIRECTOR: Jeffrey A. Joerres	Management	For	For
1G.	ELECTION OF DIRECTOR: Ryan M. Lance	Management	For	For
1H.	ELECTION OF DIRECTOR: Timothy A. Leach	Management	For	For
1I.	ELECTION OF DIRECTOR: William H. McRaven	Management	For	For
1J.	ELECTION OF DIRECTOR: Sharmila Mulligan	Management	For	For
1K.	ELECTION OF DIRECTOR: Eric D. Mullins	Management	For	For
1L.	ELECTION OF DIRECTOR: Arjun N. Murti	Management	For	For
1M.	ELECTION OF DIRECTOR: Robert A. Niblock	Management	For	For

1N.	ELECTION OF DIRECTOR: David T. Seaton	Management	For	For
1O.	ELECTION OF DIRECTOR: R.A. Walker	Management	For	For
2.	Proposal to ratify appointment of Ernst & Young LLP as ConocoPhillips’ independent registered public accounting firm for 2021.	Management	For	For
3.	Advisory Approval of Executive Compensation.	Management	For	For
4.	Simple Majority Vote Standard.	Management	For	For
5.	Emission Reduction Targets.	Shareholder	Against	For

SIMON PROPERTY GROUP, INC.
Security	828806109	Meeting Type	Annual
Ticker Symbol	SPG	Meeting Date	12-May-2021
ISIN	US8288061091	Agenda	935360608 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Glyn F. Aeppel	Management	For	For
1B.	Election of Director: Larry C. Glasscock	Management	For	For
1C.	Election of Director: Karen N. Horn, Ph.D.	Management	For	For
1D.	Election of Director: Allan Hubbard	Management	For	For
1E.	Election of Director: Reuben S. Leibowitz	Management	For	For
1F.	Election of Director: Gary M. Rodkin	Management	For	For
1G.	Election of Director: Stefan M. Selig	Management	For	For
1H.	Election of Director: Daniel C. Smith, Ph.D.	Management	For	For
1I.	Election of Director: J. Albert Smith, Jr.	Management	For	For
1J.	Election of Director: Marta R. Stewart	Management	For	For
2.	An Advisory Vote to Approve the Compensation of our Named Executive Officers.	Management	For	For
3.	Ratification of Ernst & Young LLP as our Independent Registered Public Accounting Firm for 2021.	Management	For	For

JPMORGAN CHASE & CO.
Security	46625H100	Meeting Type	Annual
Ticker Symbol	JPM	Meeting Date	18-May-2021
ISIN	US46625H1005	Agenda	935372285 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Linda B. Bammann	Management	For	For
1B.	Election of Director: Stephen B. Burke	Management	For	For
1C.	Election of Director: Todd A. Combs	Management	For	For
1D.	Election of Director: James S. Crown	Management	For	For
1E.	Election of Director: James Dimon	Management	For	For
1F.	Election of Director: Timothy P. Flynn	Management	For	For
1G.	Election of Director: Mellody Hobson	Management	For	For

1H.	Election of Director: Michael A. Neal	Management	For	For
1I.	Election of Director: Phebe N. Novakovic	Management	For	For
1J.	Election of Director: Virginia M. Rometty	Management	For	For
2.	Advisory resolution to approve executive compensation.	Management	For	For
3.	Approval of Amended and Restated Long-Term Incentive Plan effective May 18, 2021.	Management	For	For
4.	Ratification of independent registered public accounting firm.	Management	For	For
5.	Improve shareholder written consent.	Shareholder	Against	For
6.	Racial equity audit and report.	Shareholder	Against	For
7.	Independent board chairman.	Shareholder	Against	For
8.	Political and electioneering expenditure congruency report.	Shareholder	Against	For

AMGEN INC.
Security	031162100	Meeting Type	Annual
Ticker Symbol	AMGN	Meeting Date	18-May-2021
ISIN	US0311621009	Agenda	935375382 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director for a term of office expiring at the 2022 annual meeting: Dr. Wanda M. Austin	Management	For	For
1B.	Election of Director for a term of office expiring at the 2022 annual meeting: Mr. Robert A. Bradway	Management	For	For
1C.	Election of Director for a term of office expiring at the 2022 annual meeting: Dr. Brian J. Druker	Management	For	For
1D.	Election of Director for a term of office expiring at the 2022 annual meeting: Mr. Robert A. Eckert	Management	For	For
1E.	Election of Director for a term of office expiring at the 2022 annual meeting: Mr. Greg C. Garland	Management	For	For
1F.	Election of Director for a term of office expiring at the 2022 annual meeting: Mr. Charles M. Holley, Jr.	Management	For	For
1G.	Election of Director for a term of office expiring at the 2022 annual meeting: Dr. Tyler Jacks	Management	For	For
1H.	Election of Director for a term of office expiring at the 2022 annual meeting: Ms. Ellen J. Kullman	Management	For	For
1I.	Election of Director for a term of office expiring at the 2022 annual meeting: Ms. Amy E. Miles	Management	For	For
1J.	Election of Director for a term of office expiring at the 2022 annual meeting: Dr. Ronald D. Sugar	Management	For	For
1K.	Election of Director for a term of office expiring at the 2022 annual meeting: Dr. R. Sanders Williams	Management	For	For
2.	Advisory vote to approve our executive compensation.	Management	For	For
3.	To ratify the selection of Ernst & Young LLP as our independent registered public accountants for the fiscal year ending December 31, 2021.	Management	For	For

CARTER’S INC.
Security	146229109	Meeting Type	Annual
Ticker Symbol	CRI	Meeting Date	19-May-2021
ISIN	US1462291097	Agenda	935393087 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Hali Borenstein	Management	For	For
1B.	Election of Director: Giuseppina Buonfantino	Management	For	For
1C.	Election of Director: Michael D. Casey	Management	For	For
1D.	Election of Director: A. Bruce Cleverly	Management	For	For
1E.	Election of Director: Jevin S. Eagle	Management	For	For
1F.	Election of Director: Mark P. Hipp	Management	For	For
1G.	Election of Director: William J. Montgoris	Management	For	For
1H.	Election of Director: David Pulver	Management	For	For
1I.	Election of Director: Gretchen W. Schar	Management	For	For
2.	Advisory approval of executive compensation.	Management	For	For
3.	Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal 2021.	Management	For	For

THE HOME DEPOT, INC.
Security	437076102	Meeting Type	Annual
Ticker Symbol	HD	Meeting Date	20-May-2021
ISIN	US4370761029	Agenda	935365874 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Gerard J. Arpey	Management	For	For
1B.	Election of Director: Ari Bousbib	Management	For	For
1C.	Election of Director: Jeffery H. Boyd	Management	For	For
1D.	Election of Director: Gregory D. Brenneman	Management	For	For
1E.	Election of Director: J. Frank Brown	Management	For	For
1F.	Election of Director: Albert P. Carey	Management	For	For
1G.	Election of Director: Helena B. Foulkes	Management	For	For
1H.	Election of Director: Linda R. Gooden	Management	For	For
1I.	Election of Director: Wayne M. Hewett	Management	For	For
1J.	Election of Director: Manuel Kadre	Management	For	For
1K.	Election of Director: Stephanie C. Linnartz	Management	For	For
1L.	Election of Director: Craig A. Menear	Management	For	For
2.	Ratification of the Appointment of KPMG LLP.	Management	For	For
3.	Advisory Vote to Approve Executive Compensation (“Say-on-Pay”).	Management	For	For
4.	Shareholder Proposal Regarding Amendment of Shareholder Written Consent Right.	Shareholder	Against	For
5.	Shareholder Proposal Regarding Political Contributions Congruency Analysis.	Shareholder	Against	For
6.	Shareholder Proposal Regarding Report on Prison Labor in the Supply Chain.	Shareholder	Against	For

CONTINENTAL RESOURCES, INC.
Security	212015101	Meeting Type	Annual
Ticker Symbol	CLR	Meeting Date	20-May-2021
ISIN	US2120151012	Agenda	935370279 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1.	DIRECTOR	Management
	1   William B. Berry		For	For
	2   Harold G. Hamm		For	For
	3   Shelly Lambertz		For	For
	4   Lon McCain		For	For
	5   John T. McNabb, II		For	For
	6   Mark E. Monroe		For	For
	7   Timothy G. Taylor		For	For
2.	Ratification of selection of Grant Thornton LLP as independent registered public accounting firm.	Management	For	For
3.	Approve, by a non-binding vote, the compensation of the named executive officers.	Management	For	For

MERCK & CO., INC.
Security	58933Y105	Meeting Type	Annual
Ticker Symbol	MRK	Meeting Date	25-May-2021
ISIN	US58933Y1055	Agenda	935381044 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Leslie A. Brun	Management	For	For
1B.	Election of Director: Mary Ellen Coe	Management	For	For
1C.	Election of Director: Pamela J. Craig	Management	For	For
1D.	Election of Director: Kenneth C. Frazier	Management	For	For
1E.	Election of Director: Thomas H. Glocer	Management	For	For
1F.	Election of Director: Risa J. Lavizzo-Mourey	Management	For	For
1G.	Election of Director: Stephen L. Mayo	Management	For	For
1H.	Election of Director: Paul B. Rothman	Management	For	For
1I.	Election of Director: Patricia F. Russo	Management	For	For
1J.	Election of Director: Christine E. Seidman	Management	For	For
1K.	Election of Director: Inge G. Thulin	Management	For	For
1L.	Election of Director: Kathy J. Warden	Management	For	For
1M.	Election of Director: Peter C. Wendell	Management	For	For
2.	Non-binding advisory vote to approve the compensation of our named executive officers.	Management	For	For
3.	Ratification of the appointment of the Company’s independent registered public accounting firm for 2021.	Management	For	For
4.	Shareholder proposal concerning a shareholder right to act by written consent.	Shareholder	Against	For
5.	Shareholder proposal regarding access to COVID-19 products.	Shareholder	Against	For

CHEVRON CORPORATION
Security	166764100	Meeting Type	Annual
Ticker Symbol	CVX	Meeting Date	26-May-2021
ISIN	US1667641005	Agenda	935390132 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Wanda M. Austin	Management	For	For
1B.	Election of Director: John B. Frank	Management	For	For
1C.	Election of Director: Alice P. Gast	Management	For	For
1D.	Election of Director: Enrique Hernandez, Jr.	Management	For	For
1E.	Election of Director: Marillyn A. Hewson	Management	For	For
1F.	Election of Director: Jon M. Huntsman Jr.	Management	For	For

1G.	Election of Director: Charles W. Moorman IV	Management	For	For
1H.	Election of Director: Dambisa F. Moyo	Management	For	For
1I.	Election of Director: Debra Reed-Klages	Management	For	For
1J.	Election of Director: Ronald D. Sugar	Management	For	For
1K.	Election of Director: D. James Umpleby III	Management	For	For
1L.	Election of Director: Michael K. Wirth	Management	For	For
2.	Ratification of Appointment of PricewaterhouseCoopers LLP as Independent Registered Public Accounting Firm.	Management	For	For
3.	Advisory Vote to Approve Named Executive Officer Compensation.	Management	For	For
4.	Reduce Scope 3 Emissions.	Shareholder	Against	For
5.	Report on Impacts of Net Zero 2050 Scenario.	Shareholder	Against	For
6.	Shift to Public Benefit Corporation.	Shareholder	Against	For
7.	Report on Lobbying.	Shareholder	Against	For
8.	Independent Chair.	Shareholder	Against	For
9.	Special Meetings.	Shareholder	Against	For

THE MACERICH COMPANY
Security	554382101	Meeting Type	Annual
Ticker Symbol	MAC	Meeting Date	28-May-2021
ISIN	US5543821012	Agenda	935428195 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Peggy Alford	Management	For	For
1B.	Election of Director: John H. Alschuler	Management	For	For
1C.	Election of Director: Eric K. Brandt	Management	For	For
1D.	Election of Director: Edward C. Coppola	Management	For	For
1E.	Election of Director: Steven R. Hash	Management	For	For
1F.	Election of Director: Daniel J. Hirsch	Management	For	For
1G.	Election of Director: Diana M. Laing	Management	For	For
1H.	Election of Director: Thomas E. O’Hern	Management	For	For
1I.	Election of Director: Steven L. Soboroff	Management	For	For
1J.	Election of Director: Andrea M. Stephen	Management	For	For
2.	Advisory vote to approve our named executive officer compensation as described in our Proxy Statement.	Management	For	For
3.	Amendment to our charter to increase the number of authorized shares of common stock.	Management	For	For
4.	Amendment and restatement of our Employee Stock Purchase Plan.	Management	For	For
5.	Ratification of the appointment of KPMG LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2021.	Management	For	For

ULTA BEAUTY, INC.
Security	90384S303	Meeting Type	Annual
Ticker Symbol	ULTA	Meeting Date	02-Jun-2021
ISIN	US90384S3031	Agenda	935406086 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1.	DIRECTOR	Management
	1   Catherine A. Halligan		For	For
	2   David C. Kimbell		For	For
	3   George R. Mrkonic		For	For
	4   Lorna E. Nagler		For	For
2.	To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for our fiscal year 2021, ending January 29, 2022.	Management	For	For
3.	To vote on an advisory resolution to approve the Company’s executive compensation.	Management	For	For

COMCAST CORPORATION
Security	20030N101	Meeting Type	Annual
Ticker Symbol	CMCSA	Meeting Date	02-Jun-2021
ISIN	US20030N1019	Agenda	935407139 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1.	DIRECTOR	Management
	1   Kenneth J. Bacon		For	For
	2   Madeline S. Bell		For	For
	3   Naomi M. Bergman		For	For
	4   Edward D. Breen		For	For
	5   Gerald L. Hassell		For	For
	6   Jeffrey A. Honickman		For	For
	7   Maritza G. Montiel		For	For
	8   Asuka Nakahara		For	For
	9   David C. Novak		For	For
	10   Brian L. Roberts		For	For
2.	Advisory vote on executive compensation.	Management	For	For
3.	Ratification of the appointment of our independent auditors.	Management	For	For
4.	Shareholder Proposal: To conduct independent investigation and report on risks posed by failing to prevent sexual harassment.	Shareholder	Against	For

TARGET CORPORATION
Security	87612E106	Meeting Type	Annual
Ticker Symbol	TGT	Meeting Date	09-Jun-2021
ISIN	US87612E1064	Agenda	935412635 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Douglas M. Baker, Jr.	Management	For	For
1B.	Election of Director: George S. Barrett	Management	For	For
1C.	Election of Director: Brian C. Cornell	Management	For	For
1D.	Election of Director: Robert L. Edwards	Management	For	For
1E.	Election of Director: Melanie L. Healey	Management	For	For
1F.	Election of Director: Donald R. Knauss	Management	For	For
1G.	Election of Director: Christine A. Leahy	Management	For	For
1H.	Election of Director: Monica C. Lozano	Management	For	For
1I.	Election of Director: Mary E. Minnick	Management	For	For
1J.	Election of Director: Derica W. Rice	Management	For	For
1K.	Election of Director: Kenneth L. Salazar	Management	For	For
1L.	Election of Director: Dmitri L. Stockton	Management	For	For
2.	Company proposal to ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm.	Management	For	For
3.	Company proposal to approve, on an advisory basis, our executive compensation (Say on Pay).	Management	For	For
4.	Shareholder proposal to amend the proxy access bylaw to remove the shareholder group limit.	Shareholder	Against	For

DISCOVERY, INC.
Security	25470F104	Meeting Type	Annual
Ticker Symbol	DISCA	Meeting Date	10-Jun-2021
ISIN	US25470F1049	Agenda	935417902 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1.	DIRECTOR	Management
	1   Robert R. Beck		For	For
	2   Robert L. Johnson		For	For
	3   J. David Wargo		For	For
2.	Ratification of the appointment of PricewaterhouseCoopers LLP as Discovery, Inc.’s independent registered public accounting firm for the fiscal year ending December 31, 2021.	Management	For	For

EBAY INC.
Security	278642103	Meeting Type	Annual
Ticker Symbol	EBAY	Meeting Date	15-Jun-2021
ISIN	US2786421030	Agenda	935418790 - Management

Item	Proposal	Proposed by	Vote	For/Against Management
1A.	Election of Director: Anthony J. Bates	Management	For	For
1B.	Election of Director: Adriane M. Brown	Management	For	For
1C.	Election of Director: Diana Farrell	Management	For	For
1D.	Election of Director: Logan D. Green	Management	For	For
1E.	Election of Director: Bonnie S. Hammer	Management	For	For
1F.	Election of Director: E. Carol Hayles	Management	For	For
1G.	Election of Director: Jamie Iannone	Management	For	For
1H.	Election of Director: Kathleen C. Mitic	Management	For	For
1I.	Election of Director: Matthew J. Murphy	Management	For	For
1J.	Election of Director: Paul S. Pressler	Management	For	For
1K.	Election of Director: Mohak Shroff	Management	For	For
1L.	Election of Director: Robert H. Swan	Management	For	For
1M.	Election of Director: Perry M. Traquina	Management	For	For
2.	Ratification of appointment of independent auditors.	Management	For	For
3.	Advisory vote to approve named executive officer compensation.	Management	For	For
4.	Executive Compensation, if properly presented.	Shareholder	Against	For
5.	Right to Act by Written Consent, if properly presented.	Shareholder	Against	For

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)	Smead Funds Trust
By (Signature and Title)	/s/ Steven J. LeMire
	Steven J. LeMire, Chief Financial Officer and Treasurer
Date	August 10, 2021