UNITED STATES
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: 811-02884
Barrett Opportunity Fund, Inc.
(Exact name of registrant as specified in charter)
55 WATER STREET, NEW YORK, NEW YORK 10041
(Address of principal executive offices) (Zip code)
Robert I. Frenkel, Esq.
100 First Stamford Place
Stamford, Connecticut 06902
(Name and address of agent for service)
Registrant’s telephone number, including area code: 800-451-2010
Date of fiscal year end: August 31
Date of reporting period: July 1, 2009–June 30, 2010
Item 1. Proxy Voting Record
A report may indicate that the Adviser or Subadviser, as the case may be, “did not vote” on a particular proposal. No vote was entered for a proposal where (a) certain restrictions or pre-conditions on voting may, if followed, have adversely affected investment management of the fund’s portfolio holdings, such as “share blocking rules” that prohibit sales during the shareholder solicitation and voting process, (b) potential material conflicts of interest arising from proxy proposals were identified by the Proxy Voting Committee, (c) administrative or operational constraints impeded the ability to cast a timely vote, such as late receipt of proxy voting information, and/or (d) systems or processing errors occurred (including errors by third party vendors).
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-02884
Reporting Period: 07/01/2009 - 06/30/2010
Barrett Opportunity Fund, Inc.
======================== BARRETT OPPORTUNITY FUND, INC. ========================
ABB LTD
Ticker: ABB Security ID: 000375204
Meeting Date: APR 26, 2010 Meeting Type: Annual
Record Date: MAR 22, 2010
# Proposal Mgt Rec Vote Cast Sponsor
2A Receive Consolidated Financial For For Management
Statements
2B Receive Directors" Report For For Management
03 Approve Discharge of Board and For For Management
President
04 Approve Allocation of Dividends on For For Management
Shares Held By Company
05 Amend Articles/Charter to Reflect For For Management
Changes in Capital
06 Amend Articles/Charter to Reflect For For Management
Changes in Capital
07 Approve Article Amendments For For Management
8A Approve Article Amendments For For Management
8B Approve Article Amendments For For Management
9A Election of Directors (Majority Voting) For For Management
9B Election of Directors (Majority Voting) For For Management
9C Election of Directors (Majority Voting) For For Management
9D Election of Directors (Majority Voting) For For Management
9E Election of Directors (Majority Voting) For For Management
9F Election of Directors (Majority Voting) For For Management
9G Election of Directors (Majority Voting) For For Management
9H Election of Directors (Majority Voting) For For Management
10 Ratify Appointment of Independent For For Management
Auditors
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ALEXANDER & BALDWIN, INC.
Ticker: ALEX Security ID: 014482103
Meeting Date: APR 29, 2010 Meeting Type: Annual
Record Date: FEB 19, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Election of Directors - W. B. BAIRD For For Management
1.2 Election of Directors - M. J. CHUN For For Management
1.3 Election of Directors - W. A. DOANE For For Management
1.4 Election of Directors - W. A. DODS, JR. For For Management
1.5 Election of Directors - C. G. KING For For Management
1.6 Election of Directors - S. M. KURIYAMA For For Management
1.7 Election of Directors - C. H. LAU For For Management
1.8 Election of Directors - D. M. PASQUALE For For Management
1.9 Election of Directors - M. G. SHAW For For Management
1.10 Election of Directors - J. N. WATANABE For For Management
2 Ratify Appointmentof Independent For For Management
Auditors
3 Approve Stock Compensation Plan For For Management
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AMERON INTERNATIONAL CORPORATION
Ticker: AMN Security ID: 030710107
Meeting Date: MAR 31, 2010 Meeting Type: Annual
Record Date: FEB 9, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01 Election of Directors For Did Not Vote Management
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BANK OF NEW YORK MELLON CORP.
Ticker: BK Security ID: 064058100
Meeting Date: APR 13, 2010 Meeting Type: Annual
Record Date: FEB 12, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01.1 Election of Directors - RUTH E. BRUCH For For Management
01.2 Election of Directors - NICHOLAS M. For For Management
DONOFRIO
01.3 Election of Directors - GERALD L. For For Management
HASSELL
01.4 Election of Directors - EDMUND F. KELLY For For Management
01.5 Election of Directors - ROBERT P. KELLY For For Management
01.6 Election of Directors - RICHARD J. For For Management
KOGAN
01.7 Election of Directors - MICHAEL J. For For Management
KOWALSKI
01.8 Election of Directors - JOHN A. LUKE, JR. For For Management
01.9 Election of Directors - ROBERT For For Management
MEHRABIAN
01.10 Election of Directors - MARK A. For For Management
NORDENBERG
01.11 Election of Directors - CATHERINE A. For For Management
REIN
01.12 Election of Directors - WILLIAM C. For For Management
RICHARDSON
01.13 Election of Directors - SAMUEL C. SCOTT III For For Management
01.14 Election of Directors - JOHN P. SURMA For For Management
01.15 Election of Directors - WESLEY W. VON For For Management
SCHACK
02 Approve Compensation Discussion and For For Management
Analysis Report
03 Ratify Appointment of Independent For For Management
Auditors
04 S/H Proposal - Adopt Cumulative Voting Against Against Management
05 Miscellaneous Shareholder Proposal Against Against Management
06 Miscellaneous Shareholder Proposal Against Against Management
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DIAMOND OFFSHORE DRILLING, INC.
Ticker: DO Security ID: 25271C102
Meeting Date: MAY 24, 2010 Meeting Type: Annual
Record Date: MAR 29, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01.1 Election of Directors - JAMES S. TISCH For For Management
01.2 Election of Directors - LAWRENCE R. For For Management
DICKERSON
01.3 Election of Directors - JOHN R. BOLTON For For Management
01.4 Election of Directors - CHARLES L. For For Management
FABRIKANT
01.5 Election of Directors - PAUL G. GAFFNEY II For For Management
01.6 Election of Directors - EDWARD GREBOW For For Management
01.7 Election of Directors - HERBERT C. For For Management
HOFMANN
01.8 Election of Directors - ARTHUR L. For For Management
REBELL
01.9 Election of Directors - RAYMOND S. For For Management
TROUBH
02 Ratify Appointment of Independent For For Management
Auditors
03 Miscellaneous Corporate Governance For For Management
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FOREST CITY ENTERPRISES, INC.
Ticker: FCEB Security ID: 345550305
Meeting Date: JUN 16, 2010 Meeting Type: Annual
Record Date: APR 21, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01.1 Election of Directors - ALBERT B. RATNER For For Management
01.2 Election of Directors - SAMUEL H. MILLER For For Management
01.3 Election of Directors - CHARLES A. RATNER For For Management
01.4 Election of Directors - JAMES A RATNER For For Management
01.5 Election of Directors - RONALD A. RATNER For For Management
01.6 Election of Directors - SCOTT S. COWEN For For Management
01.7 Election of Directors - BRIAN J. RATNER For For Management
01.8 Election of Directors - DEBORAH R. For For Management
SALZBERG
01.9 Election of Directors - BRUCE C. RATNER For For Management
01.10 Election of Directors - DEBORAH L. HARMON For For Management
02 Authorize Common Stock Increase For For Management
03 Authorize Preferred Stock Increase For For Management
04 Miscellaneous Corporate Actions For For Management
05 Adopt Stock Option Plan For For Management
06 Ratify Appointment of Independent Auditors For For Management
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FOREST CITY ENTERPRISES, INC.
Ticker: FCEA Security ID: 345550107
Meeting Date: JUN 16, 2010 Meeting Type: Annual
Record Date: APR 21, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01.1 Election of Directors - M.P. ESPOSITO, JR. For For Management
01.2 Election of Directors - JOAN K. SHAFRAN For For Management
01.3 Election of Directors - LOUIS STOKES For For Management
01.4 Election of Directors - STAN ROSS For For Management
02 Authorize Common Stock Increase For For Management
03 Authorize Preferred Stock Increase For For Management
04 Miscellaneous Corporate Actions For For Management
05 Adopt Stock Option Plan For For Management
06 Ratify Appointment of Independent
Auditors For For Management
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GENERAL DYNAMICS CORPORATION
Ticker: GD Security ID: 369550108
Meeting Date: MAY 5, 2010 Meeting Type: Annual
Record Date: MAR 8, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1A Election of Directors (Majority Voting) For For Management
1B Election of Directors (Majority Voting) For For Management
1C Election of Directors (Majority Voting) For For Management
1D Election of Directors (Majority Voting) For For Management
1E Election of Directors (Majority Voting) For For Management
1F Election of Directors (Majority Voting) For For Management
1G Election of Directors (Majority Voting) For For Management
1H Election of Directors (Majority Voting) For For Management
1J Election of Directors (Majority Voting) For For Management
1K Election of Directors (Majority Voting) For For Management
02 Ratify Appointment of Independent For For Management
Auditors
03 Miscellaneous Shareholder Proposal Against Against Management
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LEUCADIA NATIONAL CORPORATION
Ticker: LUK Security ID: 527288104
Meeting Date: MAY 10, 2010 Meeting Type: Annual
Record Date: MAR 22, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01.1 Election of Directors - IAN M. CUMMING For For Management
01.2 Election of Directors - PAUL M. DOUGAN For For Management
01.3 Election of Directors - ALAN J. For For Management
HIRSCHFIELD
01.4 Election of Directors - JAMES E. JORDAN For For Management
01.5 Election of Directors - JEFFREY C. KEIL For For Management
01.6 Election of Directors - J. CLYDE For For Management
NICHOLS III
01.7 Election of Directors - MICHAEL SORKIN For For Management
01.8 Election of Directors - JOSEPH S. For For Management
STEINBERG
02 Ratify Appointment of Independent For For Management
Auditors
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LOCKHEED MARTIN CORPORATION
Ticker: LMT Security ID: 539830109
Meeting Date: APR 22, 2010 Meeting Type: Annual
Record Date: MAR 1, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1A Election of Directors (Majority Voting) For For Management
1B Election of Directors (Majority Voting) For For Management
1C Election of Directors (Majority Voting) For For Management
1D Election of Directors (Majority Voting) For For Management
1E Election of Directors (Majority Voting) For For Management
1F Election of Directors (Majority Voting) For For Management
1G Election of Directors (Majority Voting) For For Management
1H Election of Directors (Majority Voting) For For Management
1I Election of Directors (Majority Voting) For For Management
1J Election of Directors (Majority Voting) For For Management
1K Election of Directors (Majority Voting) For For Management
02 Ratify Appointment of Independent For For Management
Auditors
03 S/H Proposal - Military/Weapons Against Against Management
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LOEWS CORPORATION
Ticker: L Security ID: 540424108
Meeting Date: MAY 11, 2010 Meeting Type: Annual
Record Date: MAR 15, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1A Miscellaneous Corporate Governance For For Management
1B Miscellaneous Corporate Governance For For Management
1C Miscellaneous Corporate Governance For For Management
1D Miscellaneous Corporate Governance For For Management
1E Miscellaneous Corporate Governance For For Management
1F Miscellaneous Corporate Governance For For Management
1G Miscellaneous Corporate Governance For For Management
1H Miscellaneous Corporate Governance For For Management
1I Miscellaneous Corporate Governance For For Management
1J Miscellaneous Corporate Governance For For Management
1K Miscellaneous Corporate Governance For For Management
1L Miscellaneous Corporate Governance For For Management
2 Ratify Appointment of Independent For For Management
Auditors
3 S/H Proposal - Adopt Cumulative Voting Against Against Management
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MONSANTO COMPANY
Ticker: MON Security ID: 61166W101
Meeting Date: JAN 26, 2010 Meeting Type: Annual
Record Date: NOV 27, 2009
# Proposal Mgt Rec Vote Cast Sponsor
1A Election of Directors (Majority Voting) For For Management
1B Election of Directors (Majority Voting) For For Management
1C Election of Directors (Majority Voting) For For Management
1D Election of Directors (Majority Voting) For For Management
02 Ratify Appointment of Independent For For Management
Auditors
03 Approve Stock Compensation Plan For For Management
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MURPHY OIL CORPORATION
Ticker: MUR Security ID: 626717102
Meeting Date: MAY 12, 2010 Meeting Type: Annual
Record Date: MAR 15, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01.1 Election of Directors - F.W. BLUE For For Management
01.2 Election of Directors - C.P. DEMING For For Management
01.3 Election of Directors - R.A. HERMES For For Management
01.4 Election of Directors - J.V. KELLEY For For Management
01.5 Election of Directors - R.M. MURPHY For For Management
01.6 Election of Directors - W.C. NOLAN, JR. For For Management
01.7 Election of Directors - N.E. SCHMALE For For Management
01.8 Election of Directors - D.J.H. SMITH For For Management
01.9 Election of Directors - C.G. THEUS For For Management
01.10 Election of Directors - D.M. WOOD For For Management
02 Ratify Appointment of Independent For For Management
Auditors
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OMNICOM GROUP INC.
Ticker: OMC Security ID: 681919106
Meeting Date: MAY 25, 2010 Meeting Type: Annual
Record Date: APR 5, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01.1 Election of Directors - JOHN D. WREN For For Management
01.2 Election of Directors - BRUCE CRAWFORD For For Management
01.3 Election of Directors - ALAN R. BATKIN For For Management
01.4 Election of Directors - ROBERT CHARLES For For Management
CLARK
01.5 Election of Directors - LEONARD S. For For Management
COLEMAN, JR.
01.6 Election of Directors - ERROL M. COOK For For Management
01.7 Election of Directors - SUSAN S. For For Management
DENISON
01.8 Election of Directors - MICHAEL A. For For Management
HENNING
01.9 Election of Directors - JOHN R. MURPHY For For Management
01.10 Election of Directors - JOHN R. PURCELL For For Management
01.11 Election of Directors - LINDA JOHNSON For For Management
RICE
01.12 Election of Directors - GARY L. ROUBOS For For Management
02 Ratify Appointment of Independent For For Management
Auditors
03 Amend Stock Compensation Plan For For Management
04 Amend Articles-Board Related For For Management
05 Miscellaneous Shareholder Proposal Against Against Management
06 S/H Proposal - Executive Compensation Against Against Management
07 S/H Proposal - Election of Directors By Against Against Management
Majority Vote
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OVERSEAS SHIPHOLDING GROUP, INC.
Ticker: OSG Security ID: 690368105
Meeting Date: JUN 2, 2010 Meeting Type: Annual
Record Date: APR 9, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01.1 Election of Directors - MORTEN ARNTZEN For For Management
01.2 Election of Directors - OUDI RECANATI For For Management
01.3 Election of Directors - G. ALLEN For For Management
ANDREAS III
01.4 Election of Directors - ALAN R. BATKIN For For Management
01.5 Election of Directors - THOMAS B. For For Management
COLEMAN
01.6 Election of Directors - CHARLES A. For For Management
FRIBOURG
01.7 Election of Directors - STANLEY For For Management
KOMAROFF
01.8 Election of Directors - SOLOMON N. For For Management
MERKIN
01.9 Election of Directors - JOEL I. PICKET For For Management
01.10 Election of Directors - ARIEL RECANATI For For Management
01.11 Election of Directors - THOMAS F. For For Management
ROBARDS
01.12 Election of Directors - JEAN-PAUL For For Management
VETTIER
01.13 Election of Directors - MICHAEL J. For For Management
ZIMMERMAN
02 Ratify Appointment of Independent For For Management
Auditors
03 Amend Stock Compensation Plan For For Management
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RAYONIER INC.
Ticker: RYN Security ID: 754907103
Meeting Date: MAY 20, 2010 Meeting Type: Annual
Record Date: MAR 22, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1A Election of Directors (Majority Voting) For For Management
1B Election of Directors (Majority Voting) For For Management
1C Election of Directors (Majority Voting) For For Management
1D Election of Directors (Majority Voting) For For Management
2 Authorize Common Stock Increase For For Management
3 Amend Stock Compensation Plan For For Management
4 Ratify Appointment of Independent For For Management
Auditors
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ROYAL DUTCH SHELL PLC
Ticker: RDSA Security ID: 780259206
Meeting Date: MAY 18, 2010 Meeting Type: Annual
Record Date: APR 8, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01 Receive Consolidated Financial For For Management
Statements
02 Approve Remuneration of Directors and For For Management
Auditors
03 Election of Directors (Majority Voting) For For Management
04 Election of Directors (Majority Voting) For For Management
05 Election of Directors (Majority Voting) For For Management
06 Election of Directors (Majority Voting) For For Management
07 Election of Directors (Majority Voting) For For Management
08 Election of Directors (Majority Voting) For For Management
09 Election of Directors (Majority Voting) For For Management
10 Election of Directors (Majority Voting) For For Management
11 Election of Directors (Majority Voting) For For Management
12 Election of Directors (Majority Voting) For For Management
13 Election of Directors (Majority Voting) For For Management
14 Election of Directors (Majority Voting) For For Management
15 Ratify Appointment of Independent For For Management
Auditors
16 Approve Remuneration of Directors and For For Management
Auditors
17 Allot Securities For For Management
18 Eliminate Pre-Emptive Rights For For Management
19 Authorize Directors to Repurchase For For Management
Shares
20 Dividends For For Management
21 Approve Remuneration of Directors and For For Management
Auditors
22 Approve Article Amendments For For Management
23 Miscellaneous Shareholder Proposal Against Against Management
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THE CHUBB CORPORATION
Ticker: CB Security ID: 171232101
Meeting Date: APR 27, 2010 Meeting Type: Annual
Record Date: MAR 8, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1A Election of Directors (Majority Voting) For For Management
1B Election of Directors (Majority Voting) For For Management
1C Election of Directors (Majority Voting) For For Management
1D Election of Directors (Majority Voting) For For Management
1E Election of Directors (Majority Voting) For For Management
1F Election of Directors (Majority Voting) For For Management
1G Election of Directors (Majority Voting) For For Management
1H Election of Directors (Majority Voting) For For Management
1I Election of Directors (Majority Voting) For For Management
1J Election of Directors (Majority Voting) For For Management
1K Election of Directors (Majority Voting) For For Management
02 Ratify Appointment of Independent For For Management
Auditors
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THE HERSHEY COMPANY
Ticker: HSY Security ID: 427866108
Meeting Date: MAY 4, 2010 Meeting Type: Annual
Record Date: MAR 8, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01.1 Election of Directors - P.M. ARWAY For For Management
01.2 Election of Directors - R.F. CAVANAUGH For For Management
01.3 Election of Directors - C.A. DAVIS For For Management
01.4 Election of Directors - J.E. NEVELS For For Management
01.5 Election of Directors - T.J. RIDGE For For Management
01.6 Election of Directors - D.L. SHEDLARZ For For Management
01.7 Election of Directors - D.J. WEST For For Management
01.8 Election of Directors - L.S. ZIMMERMAN For For Management
02 Ratify Appointment of Independent For For Management
Auditors
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THE PROCTER & GAMBLE COMPANY
Ticker: PG Security ID: 742718109
Meeting Date: OCT 13, 2009 Meeting Type: Annual
Record Date: AUG 14, 2009
# Proposal Mgt Rec Vote Cast Sponsor
1A Election of Directors (Majority Voting) For For Management
1B Election of Directors (Majority Voting) For For Management
1C Election of Directors (Majority Voting) For For Management
1D Election of Directors (Majority Voting) For For Management
1E Election of Directors (Majority Voting) For For Management
1F Election of Directors (Majority Voting) For For Management
1G Election of Directors (Majority Voting) For For Management
1H Election of Directors (Majority Voting) For For Management
1I Election of Directors (Majority Voting) For For Management
1J Election of Directors (Majority Voting) For For Management
1K Election of Directors (Majority Voting) For For Management
1L Election of Directors (Majority Voting) For For Management
1M Election of Directors (Majority Voting) For For Management
02 Ratify Appointment of Independent For For Management
Auditors
03 Approve Charter Amendment For For Management
04 Approve Stock Compensation Plan For For Management
05 S/H Proposal - Adopt Cumulative Voting Against Against Management
06 S/H Proposal - Advisory Vote Executive Against Against Management
Pay
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THERMO FISHER SCIENTIFIC INC.
Ticker: TMO Security ID: 883556102
Meeting Date: MAY 26, 2010 Meeting Type: Annual
Record Date: MAR 29, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1A Election of Directors (Majority Voting) For For Management
1B Election of Directors (Majority Voting) For For Management
02 Ratify Appointment of Independent For For Management
Auditors
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TRC COMPANIES, INC.
Ticker: TRR Security ID: 872625108
Meeting Date: JUL 20, 2009 Meeting Type: Special
Record Date: JUN 19, 2009
# Proposal Mgt Rec Vote Cast Sponsor
01 Authorize Common Stock Increase For Did Not Vote Management
02 Miscellaneous Corporate Actions For Did Not Vote Management
03 Amend Stock Compensation Plan For Did Not Vote Management
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TRC COMPANIES, INC.
Ticker: TRR Security ID: 872625108
Meeting Date: NOV 19, 2009 Meeting Type: Annual
Record Date: OCT 7, 2009
# Proposal Mgt Rec Vote Cast Sponsor
01.1 Election of Directors - SHERWOOD L. For For Management
BOEHLERT
01.2 Election of Directors - FRIEDRICH K. M. For For Management
BOHM
01.3 Election of Directors - F. THOMAS CASEY For For Management
01.4 Election of Directors - STEPHEN M. DUFF For For Management
01.5 Election of Directors - ROBERT W. For For Management
HARVEY
01.6 Election of Directors - J. JEFFREY For For Management
MCNEALEY
01.7 Election of Directors - CHRISTOPHER P. For For Management
VINCZE
02 Ratify Appointment of Independent For For Management
Auditors
======================== END NPX REPORT
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.
Barrett Opportunity Fund, Inc.
By:
/s/ Peter H. Shriver
Peter H. Shriver
President and Chief Executive Officer
Date: August 11, 2010
