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 811-23023
Montage Managers Trust
(Exact name of registrant as specified in charter)
(Exact name of registrant as specified in charter)
11300 Tomahawk Creek Parkway, Suite 200
Leawood, Kansas 66211
(Address of principal executive offices) (Zip code)
(Address of principal executive offices) (Zip code)
Gary Henson, President
Montage Managers Trust
c/o Montage Investments
11300 Tomahawk Creek Parkway, Suite 200
Leawood, Kansas 66211
(Name and address of agent for service)
(Name and address of agent for service)
Registrant's telephone number, including area code: (913) 647-9782
Date of fiscal year end: November 30, 2016
Date of reporting period: June 30, 2016
Item 1. Proxy Voting Record.
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Enbridge Income Fund Holdings Inc. | 8/20/2015 | 29251R105 | ENF CA | The resolution approving the acquisition by an indirect subsidiary of Enbridge Income Fund (The "Fund") of entities that own certain assets, including Canadian Liquids Pipeline and Renewable Power Generation assets currently directly or indirectly owned by Enbridge Inc. and related transactions | For | For | Issuer |
| Amendments or variations to the matters identified in the notice of meeting and such other business as may properly come before the meeting or any adjournment thereof at the discretion of the proxyholder | Abstain | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| AGL Resources Inc. | 11/19/2015 | 001204106 | AGL | Proposal to approve the Agreement and Plan of Merger, dated August 23, 2015, by and among the Southern Company, AMS Corp. and AGL Resources Inc. | For | For | Issuer |
| Proposal to approve a non-binding, advisory proposal to approve the compensation that may be paid or may become payable to the Company's named executive officers in connection with, or following, the consummation of the merger. | For | For | Issuer | ||||
| Proposal to approve the adjournment of the special meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the special meeting to approve the Merger Agreement. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Markwest Energy Partners LP | 12/1/2015 | 570759100 | MWE | Proposal to approve the Agreement and Plan of Merger, dated as of July 11, 2015, as such agreement may be amended from time to time, by and among MPLX LP, MPLX GP LLC, Marathon Petroleum Corporation, Sapphire HoldCo LLC and Markwest Energy Partners, L.P., and the transaction contemplated thereby. | For | For | Issuer |
| Proposal to approve, on an advisory, non-binding basis, the merger-related compensation payments that may become payable to Markwest Energy Partners, L.P.'s named executive officers in connection with the merger. | For | For | Issuer | ||||
| Proposal to approve the adjournment of the Special Meeting, if necessary to solicit additional proxies if there are not sufficient votes to approve Proposal 1 at the time of the Special Meeting | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Sunoco Logistics Partners L.P. | 12/1/2015 | 86764L108 | SXL | Approval of the Sunoco Partners LLC Long-Term Incentive Plan, as proposed to be amended and restated, which, among other things, provides for an increase in the maximum number of common units reserved and available for delivery with respect to awards under the Sunoco Partners LLC Long-Term Incentive Plan, as amended and restated as of October 24, 2012, by 10,000,000 common units (the "LTIP Proposal"). | For | For | Issuer |
| Approval of the adjournment of the Special Meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies in the event there are not sufficient votes at the time of the Special Meeting to approve the LTIP Proposal | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| New Jersey Resources Corporation | 1/20/2016 | 646025106 | NJR | Election of Directors: 1. Lawrence R. Codey 2. Laurence M. Downes 3. Robert B. Evans 4. Alfred C. Koeppe | For | For | Issuer |
| To approve a non-binding advisory resolution approving the compensation of the Company's named executive officers. | For | For | Issuer | ||||
| To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2016. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| NuStar Energy LP | 1/28/2016 | 67058H102 | NS | To approve the NuStar GP, LLC Fifth Amended and Restated 2000 Long-Term Incentive Plan (the "Amended Plan"). | For | For | Issuer |
| To consider and vote upon the proposal to adjourn the special meeting, if necessary, to solicit additional proxies if there are not sufficient votes to approve the Amended Plan at the time of the special meeting. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| The Laclede Group, Inc. | 1/28/2016 | 505597104 | LG | Election of Directors: 1. Brenda D. Newberry 2. Suzanne Sitherwood 3. Mary Ann Van Lokeren | For | For | Issuer |
| Reapprove The Laclede Group Annual Incentive Plan, as Amended. | For | For | Issuer | ||||
| Ratify the appointment of Deloitte & Touche LLP as our independent registered public accountant for the 2016 fiscal year. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Targa Resources Corp. | 2/12/2016 | 87612G101 | TRGP | To consider and vote upon a proposal to approve the issuance of shares of common stock of Targa Resources Corp. (the "Company") in connection with the merger contemplated by the Agreement and Plan of Merger, dated as of November 2, 2015, by and among the Company, Spartan Merger Sub LLC, Targa Resources Partners LP and Targa Resources GP LLC ("TRP GP"); | Not Voted | Not Voted | Issuer |
| To consider and vote upon a proposal to approve one or more adjournments of the special meeting if necessary or appropriate to solicit additional proxies if there are not sufficient votes to approve the Company's stock issuance proposal. | Not Voted | Not Voted | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Targa Resources Partners, LP | 2/12/2016 | 87611X105 | NGLS | To consider and vote upon a proposal to approve the Agreement and Plan of Merger, dated as of November 2, 2015, by and among Targa Resources Corp ("TRC"), Spartan Merger Sub LLC, Targa Resources Partners LP (the "Partnership") and Targa Resources GP LLC ("TRP GP"). | Not Voted | Not Voted | Issuer |
| To consider and vote upon, on an advisory, non-binding basis, the compensation payments that may be paid or become payable to the Partnership's named executive officers in connection with the Merger, which is referred to as the "TRP Compensation Proposal." | Not Voted | Not Voted | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| WGL Holdings, Inc. | 3/1/2016 | 92924F106 | WGL | Election of Directors: 1. Michael D. Barnes 2. Stephen C. Beasley 3. George P. Clancy, Jr. 4. James W. Dyke, Jr. 5. Nancy C. Floyd 6. Linda R. Gooden 7. James F. Lafond 8. Debra L. Lee 9. Terry D. McCallister 10. Dale S. Rosenthal | Not Voted | Not Voted | Issuer |
| To approve, by advisory vote, compensation paid to certain executive officers. | Not Voted | Not Voted | Issuer | ||||
| To approve the 2016 Omnibus Incentive Compensation Plan. | Not Voted | Not Voted | Issuer | ||||
| To ratify the appointment of Deloitte & Touche LLP as independent public accountants for fiscal year 2016. | Not Voted | Not Voted | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| National Fuel Gas Company | 3/10/2016 | 636180101 | NFG | Election of Directors: 1. David C. Carroll 2. Joseph N. Jaggers 3. David F. Smith 4. Craig G. Matthews | Not Voted | Not Voted | Issuer |
| Advisory approval of named executive officer compensation | Not Voted | Not Voted | Issuer | ||||
| Amendment and reapproval of the 2009 Non-Employee Director Equity Compensation Plan | Not Voted | Not Voted | Issuer | ||||
| Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal 2016 | Not Voted | Not Voted | Issuer | ||||
| Stockholder Proposal | Not Voted | Not Voted | Shareholder | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Piedmont Natural Gas Company, Inc. | 3/17/2016 | 720186105 | PNY | Election of Directors: 1. Mr. Gary A. Garfield (Class III director) 2. Dr. Frankie T. Jones, Sr. (Class III director) 3. Ms. Vicki McElreath (Class III director) 4. Mr. Thomas E. Skains (Class III director) 5. Mr. Phillip D. Wright (Class III director) 6. Mr. Thomas M. Pashley (Class II director) | For | For | Issuer |
| Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registrered public accounting firm for fiscal year 2016. | For | For | Issuer | ||||
| Advisory vote to approve named executive officer compensation. | For | For | Issuer | ||||
| Approval of the Company's amended and restated Incentive Compensation Plan. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Spectra Energy Corp | 4/26/2016 | 847560109 | SE | Election of Directors: 1a. Gregory L. Ebel 1b. F. Anthony Comper 1c. Austin A. Adams 1d. Joseph Alvarado 1e. Pamela L. Carter 1f. Clarence P. Cazalot Jr 1g. Peter B. Hamilton 1h. Miranda C. Hubbs 1i. Michael McShane 1j. Michael G. Morris 1k. Michael E.J. Phelps | For | For | Issuer |
| Ratification of the appointment of Deloitte & Touche LLP as Spectra Energy Corp's Independent Registered Public Accounting firm for fiscal year 2016. | For | For | Issuer | ||||
| Approval of Spectra Energy Corp 2007 Long-Term Incentive Plan, as amended and restated. | For | For | Issuer | ||||
| Approval of Spectra Energy Corp Executive Short-Term Incentive Plan, as amended and restated. | For | For | Issuer | ||||
| An advisory resolution to approve executive compensation. | For | For | Issuer | ||||
| Shareholder proposal concerning disclosure of political contributions. | Against | For | Shareholder | ||||
| Shareholder proposal concerning the activities of lobbying activities. | Against | For | Shareholder | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Archrock, Inc. | 4/27/2016 | 03957W106 | AROC | Election of Directors: | |||
| 1. Anne-Marie N. Ainsworth | For | For | Issuer | ||||
| 2. Wendell R. Brooks | For | For | Issuer | ||||
| 3. D. Bradley Childers | For | For | Issuer | ||||
| 4. Gordon T. Hall | For | For | Issuer | ||||
| 5. Frances Powell Hawes | For | For | Issuer | ||||
| 6. J.W.G. Honeybourne | For | For | Issuer | ||||
| 7. James H. Lytal | For | For | Issuer | ||||
| 8. Mark A. McCollum | For | For | Issuer | ||||
| Ratification of the appointment of Deloitte & Touche LLP as Archrock, Inc.'s independent registered public accounting firm for fiscal year 2016 | For | For | Issuer | ||||
| Approval of the Second Amendment to the Archrock, Inc. 2013 Stock Incentive Plan | For | For | Issuer | ||||
| Advisory, non-binding vote to approve the compensation provided to the Company's Named Executive Officers for 2015 | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| NuStar GP Holdings, LLC | 4/27/2016 | 67059L102 | NS | Election of Directors: 1. William E. Greehey 2. Jelynne LeBlanc-Burley | For | For | Issuer |
| To ratify the appointment of KPMG LLP as NuStar GP Holdings, LLC's independent registered public accounting firm for 2016. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| DCP Midstream Partners, L.P. | 4/28/2016 | 23311P100 | DPM | To approve the DCP Midstream Partners, LP 2016 Long-Term Incentive Plan (the "Plan"). | For | For | Issuer |
| To approve the adjournment of the special meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies in the event there are insufficient votes at the time of the special meeting to approve the Plan. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| The Laclede Group, Inc. | 4/28/2016 | 505597104 | LG | Approve an amendment to the Company's Articles of Incorporation to change the Company's name to Spire Inc. | For | For | Issuer |
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| South Jersey Industries, Inc. | 4/29/2016 | 838518108 | SJI | Election of Directors (term expiring 2017): 1a. Sarah M. Barpoulis 1b. Thomas A. Bracken 1c. Keith S. Campbell 1d. Sheila Hartnett-Devlin, CFA 1e. Victor A. Fortkiewkz 1f. Walter M. Higgins III 1g. Sunita Holzer 1h. Joseph H. Petrowski 1i. Michael J. Renna 1j. Frank L. Sims | For | For | Issuer |
| To hold an advisory vote to approve executive compensation. | For | For | Issuer | ||||
| To ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2016. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| TransCanada Corporation | 4/29/2016 | 89353D107 | TRP | Election of Directors: | |||
| 1. Kevin E. Benson | For | For | Issuer | ||||
| 2. Derek H. Burney | For | For | Issuer | ||||
| 3. Russell K. Girling | For | For | Issuer | ||||
| 4. S. Barry Jackson | For | For | Issuer | ||||
| 5. John E. Lowe | For | For | Issuer | ||||
| 6. Paula Rosput Reynolds | For | For | Issuer | ||||
| 7. John Richels | For | For | Issuer | ||||
| 8. Mary Pat Salomone | For | For | Issuer | ||||
| 9. Indira V. Samarasekera | For | For | Issuer | ||||
| 10. D. Michael G. Stewart | For | For | Issuer | ||||
| 11. Siim A. Vanaselja | For | For | Issuer | ||||
| 12. Richard E. Waugh | For | For | Issuer | ||||
| Resolution to appoint KPMG LLP, Chartered Professional Accountants as auditors and authorize the directors to fix their remuneration. | For | For | Issuer | ||||
| Resolution to accept TransCanada's approach to executive compensation, as described in The Management Information Circular. | For | For | Issuer | ||||
| Resolution approving the amendments to TransCanada's stock option plan and to increase the number of shares reserved for issue by 10,000,000, as described in the Management Information Circular. | For | For | Issuer | ||||
| Resolution to continue and approve the amended and restated shareholder rights plan dated April 29, 2013, as described in the Management Information Circular. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Chesapeake Utilities Corporation | 5/4/2016 | 165303108 | CPK | Election of Directors: | |||
| 1. Eugene H. Bayard | For | For | Issuer | ||||
| 2. Paul L. Maddock, Jr. | For | For | Issuer | ||||
| 3. Michael P. McMasters | For | For | Issuer | ||||
Cast a non-binding advisory vote to ratify the appointment of the Company's independent registered public accounting firm, Baker Tilly Virchow Krause, LLP. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Southwest Gas Corporation | 5/4/2016 | 844895102 | SWX | Election of Directors: | |||
| 1. Robert L. Boughner | For | For | Issuer | ||||
| 2. Jose D. Cardenas | For | For | Issuer | ||||
| 3. Thomas E. Chestnut | For | For | Issuer | ||||
| 4. Stephen C. Comer | For | For | Issuer | ||||
| 5. Leroy C. Hanneman, Jr. | For | For | Issuer | ||||
| 6. John P. Hester | For | For | Issuer | ||||
| 7. Anne L. Mariucci | For | For | Issuer | ||||
| 8. Michael J. Melarkey | For | For | Issuer | ||||
| 9. A. Randall Thoman | For | For | Issuer | ||||
| 10. Thomas A. Thomas | For | For | Issuer | ||||
| 11. Terrence L. Wright | For | For | Issuer | ||||
| To amend and reapprove the Company's Restricted Stock/Unit Plan | For | For | Issuer | ||||
| To approve an amendment to the Company's Bylaws to reduce the upper and lower limits of the range of required directors. | For | For | Issuer | ||||
| To approve, on an advisory basis, the Company's executive compensation. | For | For | Issuer | ||||
| To ratify the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for fiscal year 2016. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Kinder Morgan, Inc. | 5/10/2016 | 49456B101 | KMI | Election of Directors: | |||
| 1. Richard D. Kinder | For | For | Issuer | ||||
| 2. Steven J. Kean | For | For | Issuer | ||||
| 3. Ted A. Gardner | For | For | Issuer | ||||
| 4. Anthony W. Hall, Jr. | For | For | Issuer | ||||
| 5. Gary L. Hultquist | For | For | Issuer | ||||
| 6. Ronald L. Kuehn, Jr. | For | For | Issuer | ||||
| 7. Deborah A. Macdonald | For | For | Issuer | ||||
| 8. Michael A. Morgan | For | For | Issuer | ||||
| 9. Arthur C. Reichstetter | For | For | Issuer | ||||
| 10.Fayez Sarofim | For | For | Issuer | ||||
| 11. C. Park Shaper | For | For | Issuer | ||||
| 12. William A. Smith | For | For | Issuer | ||||
| 13. Joel V. Staff | For | For | Issuer | ||||
| 14. Robert F. Vagt | For | For | Issuer | ||||
| 15. Perry M. Waughtal | For | For | Issuer | ||||
| Ratification of the selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for 2016 | For | For | Issuer | ||||
| Stockholder proposal relating to a report on the Company's response to climate change | Against | For | Shareholder | ||||
| Stockholder proposal relating to a report on methane emissions | For | Against | Shareholder | ||||
| Stockholder proposal relating to an annual sustainability report | For | Against | Shareholder | ||||
| Stockholder proposal relating to a report on diversity of the Board of Directors | Against | For | Shareholder | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| NiSource Inc | 5/11/2016 | 65473P105 | NI | Election Of Director: Richard A. Abdoo | For | For | Issuer |
| Election Of Director: Aristides S. Candris | For | For | Issuer | ||||
| Election Of Director: Wayne S. DeVeydt | For | For | Issuer | ||||
| Election Of Director: Joseph Hamrock | For | For | Issuer | ||||
| Election Of Director: Deborah A. Henretta | For | For | Issuer | ||||
| Election Of Director: Michael E. Jesanis | For | For | Issuer | ||||
| Election Of Director: Kevin T. Kabat | For | For | Issuer | ||||
| Election Of Director: Richard L. Thompson | For | For | Issuer | ||||
| Election Of Director: Carolyn Y. Woo | For | For | Issuer | ||||
| To approve executive compensation on an advisory basis. | For | For | Issuer | ||||
To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accountants for the year 2016. | For | For | Issuer | ||||
| To consider a stockholder proposal regarding reports on political contributions. | Against | For | Shareholder | ||||
| To consider a stockholder proposal regarding a senior executive equity retention policy. | Against | For | Shareholder | ||||
| To consider a stockholder proposal regarding accelerated vesting of equity awards of senior executives upon a change in control. | For | Against | Shareholder | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Enbridge Inc. | 5/12/2016 | 29250N105 | ENB | Election of Directors: | |||
| 1. David A. Arledge | For | For | Issuer | ||||
| 2. James J. Blanchard | For | For | Issuer | ||||
| 3. Marcel R. Coutu | For | For | Issuer | ||||
| 4. J. Herb England | For | For | Issuer | ||||
| 5. Charles W. Fischer | For | For | Issuer | ||||
| 6. V.M. Kempson Darkes | For | For | Issuer | ||||
| 7. Al Monaco | For | For | Issuer | ||||
| 8. George K. Petty | For | For | Issuer | ||||
| 9. Rebecca B. Roberts | For | For | Issuer | ||||
| 10. Dan C. Tutcher | For | For | Issuer | ||||
| 11. Catherine L. Williams | For | For | Issuer | ||||
| Appoint PricewaterhouseCoopers LLP as auditors. | For | For | Issuer | ||||
Vote on the Company's approach to Executive compensation. While this vote is non-binding, it gives shareholders an opportunity to provide important input to the Company's board. | For | For | Issuer | ||||
| Vote on the shareholder proposal set out in Appendix A to the Company's Management Information Circular dated March 8, 2016 regarding request for proposals for the engagement of the external auditor every eight years. | Against | For | Shareholder | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Questar Corporation | 5/12/2016 | 748356102 | STR | Proposal to approve the agreement and Plan Of Merger, dated January 31, 2016, by and among Dominion Resources, Inc., Diamond Beehive Corp. and Questar Corporation. | For | For | Issuer |
| Proposal to approve a non-binding, advisory proposal to approve the compensation that may be paid or may become payable to the Company's named executive officers in connection with, or following, the consummation of the Merger. | For | For | Issuer | ||||
| Proposal to approve the adjournment of the special meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the special meeting to approve the Merger Agreement. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Semgroup Corporation | 5/17/2016 | 81663A105 | SEMG | Election of Directors: | |||
| 1. Ronald A. Ballschmiede | For | For | Issuer | ||||
| 2. Sarah M. Barpoulis | For | For | Issuer | ||||
| 3. John F. Chlebowski | For | For | Issuer | ||||
| 4. Carlin G. Connor | For | For | Issuer | ||||
| 5. Karl F. Kurz | For | For | Issuer | ||||
| 6. James H. Lytal | For | For | Issuer | ||||
| 7. Thomas R. McDaniel | For | For | Issuer | ||||
| To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers. | For | For | Issuer | ||||
Ratification of BDO USA, LLP as independent registered public accounting firm for 2016 | For | For | Issuer | ||||
| To approve the Semgroup Corporation Equity Incentive Plan, as Amended and Restated, to increase the number of shares of Class A Common Stock available for issuance under the plan by 800,000 shares and make certain other changes to the terms of the plan as described in Proposal 4 of the Proxy Statement. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Targa Resources Corp | 5/17/2016 | 87612G101 | TRGP | Election of Directors: | |||
| Rene R. Joyce | For | For | Issuer | ||||
| Waters S. Davis, IV | For | For | Issuer | ||||
| Chris Tong | For | For | Issuer | ||||
| Ratification of selection of independent auditors. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Oneok, Inc. | 5/25/2016 | 682680103 | OKE | 1a. Election Of Director: Brian L. Derksen | For | For | Issuer |
| 1b. Election Of Director: Julie H. Edwards | For | For | Issuer | ||||
| 1c. Election Of Director: John W. Gibson | For | For | Issuer | ||||
| 1d. Election Of Director: Randall J. Larson | For | For | Issuer | ||||
| 1e. Election Of Director: Steven J. Malcolm | For | For | Issuer | ||||
| 1f. Election Of Director: Kevin S. McCarthy | For | For | Issuer | ||||
| 1g. Election Of Director: Jim W. Mogg | For | For | Issuer | ||||
| 1h. Election Of Director: Pattye L. Moore | For | For | Issuer | ||||
| 1i. Election Of Director: Gary D. Parker | For | For | Issuer | ||||
| 1j. Election Of Director: Eduardo A. Rodriguez | For | For | Issuer | ||||
| 1k. Election Of Director: Terry K. Spencer | For | For | Issuer | ||||
| Ratification of the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Oneok, Inc. for the year ending December 31, 2016 | For | For | Issuer | ||||
| An advisory vote to approve Oneok, Inc.'s executive compensation | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Northwest Natural Gas Company | 5/26/2016 | 667655104 | NWM | Election of Directors: | |||
| 1. Tod R. Hamachek | For | For | Issuer | ||||
| 2. Jane L. Peverett | For | For | Issuer | ||||
| 3. Kenneth Thrasher | For | For | Issuer | ||||
| Advisory vote to approve named executive officer compensation. | For | For | Issuer | ||||
| The ratification of the appointment of PricewaterhouseCoopers LLP as NW Natural's independent registered public accountants for the fiscal year 2016. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| One Gas, Inc. | 5/26/2016 | 68235P108 | OGS | Election Of Class II Director: Pierce H. Norton II | For | For | Issuer |
| Election Of Class II Director: Eduardo A. Rodriguez | For | For | Issuer | ||||
Ratification of the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm of One Gas, Inc. for the year ending December 31, 2016. | For | For | Issuer | ||||
| Advisory vote to approve the Company's executive compensation. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Cheniere Energy, Inc. | 6/2/2016 | 16411R208 | LNG | 1a. Election Of Director: G. Andrea Botta | For | For | Issuer |
| 1b. Election Of Director: Neal A. Shear | For | For | Issuer | ||||
| 1c. Election Of Director: Vicky A. Bailey | For | For | Issuer | ||||
| 1d. Election Of Director: Nuno Brandolini | For | For | Issuer | ||||
| 1e. Election Of Director: Jonathan Christodoro | For | For | Issuer | ||||
| 1f. Election Of Director: David I. Foley | For | For | Issuer | ||||
| 1g. Election Of Director: David B. Kilpatrick | For | For | Issuer | ||||
| 1h. Election Of Director: Samuel Merksamer | For | For | Issuer | ||||
| 1i. Election Of Director: Donald F. Robillard, Jr | For | For | Issuer | ||||
| 1j. Election Of Director: Heather R. Zichal | For | For | Issuer | ||||
| To approve, on an advisory and non-binding basis, the compensation of the Company's named executive officers for fiscal year 2015 as disclosed in the Proxy Statement. | Against | Against | Issuer | ||||
| To ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2016. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Buckeye Partners, L.P. | 6/7/2016 | 118230101 | BPL | Election of Directors: | |||
| 1. Oliver G. Richard, III | For | For | Issuer | ||||
| 2. Clark C. Smith | For | For | Issuer | ||||
| 3. Frank S. Sowinski | For | For | Issuer | ||||
| The ratification of the selection of Deloitte & Touche LLP as Buckeye Partners, L.P.'s independent registered public accountants for 2016. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| Columbia Pipeline Group, Inc. | 6/22/2016 | 198280109 | CPGX | Proposal to adopt the Agreement and Plan of Merger, dated March 17, 2016, by and among TransCanada Pipelines Limited, TransCanada Pipeline USA Ltd., Taurus Merger Sub Inc., Columbia Pipeline Group, Inc. ("CPG") and, solely for purposes of Section 3.02, Section 5.02, Section 5.09 and Article VIII, TransCanada Corporation | For | For | Issuer |
| Proposal to approve, by non-binding, advisory vote, certain compensation arrangements for CPG's named executive officers in connection with the merger. | For | For | Issuer | ||||
| Company Name | Meeting Date | Cusip | Ticker | Proposal | Vote | For/Against Management | Proposal Source |
| The Williams Company, Inc. | 6/27/2016 | 969457100 | WMB | To approve the adoption of the Agreement and Plan of Merger (the "Merger Agreement") among Energy Transfer Equity, L.P., Energy Transfer Corp LP ("ETC"), Energy Transfer Corp GP, LLC, LE GP, LLC, Energy Transfer Equity GP, LLC and Williams Companies, Inc. ("WMB"), and the transactions contemplated thereby, including the merger of WMB with and into etc. | Against | Against | Issuer |
| To approve, on an advisory (non-binding) basis, specified compensatory arrangements between WMB and its named executive officers relating to the transactions contemplated by the Merger Agreement. | Against | Against | Issuer | ||||
| To approve the adjournment of the special meeting from time to time, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the special meeting to approve the merger proposal. | Against | Against | 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) Montage Managers Trust
By (Signature and Title) /s/ Gary Henson
Gary Henson, President
(Principal Executive Officer)
Date August 17, 2016