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: 811-01528
Bruce Fund, Inc.
(Exact name of registrant as specified in charter)
20 North Wacker Drive, Suite 2414, Chicago, IL 60606
(Address of principal executive offices) (Zip code)
Joseph Rezabek
Huntington Asset Services, Inc.
2960 North Meridian Ste. 300
Indianapolis, IN 46208
(Name and address of agent for service)
Registrant’s telephone number, including area code: 312-236-9160
Date of fiscal year end: June 30
Date of reporting period: 07/01/13 - 06/30/14
Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (Secs. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant’s proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. Sec. 3507.
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Security Name | | Ticker | | Cusip | | | Meeting
Date | | | Proposed
(M) or (S) | | Description | | Vote | | For, Against
or Abstain | | For or Against
Management |
EDAP | | EDAP | | | 268311107 | | | | 6/30/2014 | | | M | | Auditors | | Y | | F | | F |
EDAP | | EDAP | | | 268311107 | | | | 6/30/2014 | | | M | | Director | | Y | | F | | F |
EDAP | | EDAP | | | 268311107 | | | | 6/30/2014 | | | M | | Delegation Board Powers | | Y | | F | | F |
EDAP | | EDAP | | | 268311107 | | | | 6/30/2014 | | | M | | Issue Shares | | Y | | F | | F |
EDAP | | EDAP | | | 268311107 | | | | 6/30/2014 | | | M | | Issue Shares Public offering | | N | | A | | A |
EDAP | | EDAP | | | 268311107 | | | | 6/30/2014 | | | M | | Issue Shares to Specified
Persons | | N | | A | | A |
EDAP | | EDAP | | | 268311107 | | | | 6/30/2014 | | | M | | Issue Shares Specified
Characteristics | | N | | A | | A |
EDAP | | EDAP | | | 268311107 | | | | 6/30/2014 | | | M | | Issue Shares to Employees | | Y | | F | | A |
| | | | | | | | |
DIRECTV | | DTV | | | 25490A101 | | | | 4/29/2014 | | | M | | Directors | | Y | | F | | F |
DIRECTV | | DTV | | | 25490A101 | | | | 4/29/2014 | | | M | | Accounting | | Y | | F | | F |
DIRECTV | | DTV | | | 25490A101 | | | | 4/29/2014 | | | M | | Share Retention | | N | | A | | F |
DIRECTV | | DTV | | | 25490A101 | | | | 4/29/2014 | | | M | | Executive Compensation | | Y | | F | | F |
DIRECTV | | DTV | | | 25490A101 | | | | 4/29/2014 | | | M | | Accelerated vesting | | N | | A | | F |
| | | | | | | | |
Astrotech | | ASTC | | | 046484101 | | | | 6/26/2014 | | | M | | Directors | | Y | | F | | F |
Astrotech | | ASTC | | | 046484101 | | | | 6/26/2014 | | | M | | Auditors | | Y | | F | | F |
Astrotech | | ASTC | | | 046484101 | | | | 6/26/2014 | | | M | | Share Increase | | Y | | F | | F |
| | | | | | | | |
RLI | | RLI | | | 749607107 | | | | 5/1/2014 | | | M | | Directors | | Y | | F | | F |
RLI | | RLI | | | 749607107 | | | | 5/1/2014 | | | M | | Auditors | | Y | | F | | F |
RLI | | RLI | | | 749607107 | | | | 5/1/2014 | | | M | | Executive Compensation | | Y | | F | | F |
| | | | | | | | |
Airboss | | BOS | | | 00927V200 | | | | 5/8/2014 | | | M | | Directors | | Y | | F | | F |
Airboss | | BOS | | | 00927V200 | | | | 5/8/2014 | | | M | | Auditors | | Y | | F | | F |
Airboss | | BOS | | | 00927V200 | | | | 5/8/2014 | | | M | | Option Entitlements | | Y | | F | | F |
| | | | | | | | |
Titan Wheel | | TWI | | | 88830M102 | | | | 5/15/2014 | | | M | | Directors | | Y | | F | | F |
Titan Wheel | | TWI | | | 88830M102 | | | | 5/15/2014 | | | M | | Accounting | | Y | | F | | F |
Titan Wheel | | TWI | | | 88830M102 | | | | 5/15/2014 | | | M | | Executive Compensation | | Y | | F | | F |
Titan Wheel | | TWI | | | 88830M102 | | | | 5/15/2014 | | | M | | Bylaws | | Y | | F | | F |
| | | | | | | | |
Escalera Resources | | ESCR | | | 258570209 | | | | 6/17/2014 | | | M | | Directors | | Y | | F | | F |
Escalera Resources | | ESCR | | | 258570209 | | | | 6/17/2014 | | | M | | Auditors | | Y | | F | | F |
Escalera Resources | | ESCR | | | 258570209 | | | | 6/17/2014 | | | M | | Executive compensation | | Y | | F | | F |
Escalera Resources | | ESCR | | | 258570209 | | | | 6/17/2014 | | | M | | Stock Incentive Plan | | Y | | F | | F |
| | | | | | | | | | | | | | | | | | | | |
Security Name | | Ticker | | Cusip | | | Meeting
Date | | | Proposed
(M) or (S) | | Description | | Vote | | For, Against
or Abstain | | For or Against
Management |
Calpine | | CPN | | | 131347304 | | | | 5/14/2014 | | | M | | Directors | | Y | | F | | F |
Calpine | | CPN | | | 131347304 | | | | 5/14/2014 | | | M | | Auditors | | Y | | F | | F |
Calpine | | CPN | | | 131347304 | | | | 5/14/2014 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
Kinross Gold | | KGC | | | 496902404 | | | | 5/8/2014 | | | M | | Directors | | Y | | F | | F |
Kinross Gold | | KGC | | | 496902404 | | | | 5/8/2014 | | | M | | Auditors | | Y | | F | | F |
Kinross Gold | | KGC | | | 496902404 | | | | 5/8/2014 | | | M | | Share Increase | | Y | | F | | F |
Kinross Gold | | KGC | | | 496902404 | | | | 5/8/2014 | | | M | | Share Plan | | Y | | F | | F |
Kinross Gold | | KGC | | | 496902404 | | | | 5/8/2014 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
C&J Energy | | CJES | | | 12467B304 | | | | 5/22/2014 | | | M | | Directors | | Y | | F | | F |
C&J Energy | | CJES | | | 12467B304 | | | | 5/22/2014 | | | M | | Auditors | | Y | | F | | F |
C&J Energy | | CJES | | | 12467B304 | | | | 5/22/2014 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
Sandridge | | SD | | | 80007P307 | | | | 6/5/2014 | | | M | | Directors | | Y | | F | | F |
Sandridge | | SD | | | 80007P307 | | | | 6/5/2014 | | | M | | Accounting | | Y | | F | | F |
Sandridge | | SD | | | 80007P307 | | | | 6/5/2014 | | | M | | Compensation | | Y | | F | | F |
Sandridge | | SD | | | 80007P307 | | | | 6/5/2014 | | | M | | Incentive Plan | | Y | | F | | F |
| | | | | | | | |
Omega Protein | | OME | | | 68210P107 | | | | 6/19/2014 | | | M | | Directors | | Y | | F | | F |
Omega Protein | | OME | | | 68210P107 | | | | 6/19/2014 | | | M | | Accounting Firm | | Y | | F | | F |
Omega Protein | | OME | | | 68210P107 | | | | 6/19/2014 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
Solitario | | XPL | | | 8342EP107 | | | | 6/17/2014 | | | M | | Directors | | Y | | F | | F |
Solitario | | XPL | | | 8342EP107 | | | | 6/17/2014 | | | M | | Auditors | | Y | | F | | F |
Solitario | | XPL | | | 8342EP107 | | | | 6/17/2014 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
ICG Group | | ICGE | | | 46059C205 | | | | 6/13/2014 | | | M | | Directors | | Y | | F | | F |
ICG Group | | ICGE | | | 46059C205 | | | | 6/13/2014 | | | M | | Accounting | | Y | | F | | F |
ICG Group | | ICGE | | | 46059C205 | | | | 6/13/2014 | | | M | | Compensation | | Y | | F | | F |
ICG Group | | ICGE | | | 46059C205 | | | | 6/21/2013 | | | M | | Name Change | | N | | A | | A |
| | | | | | | | |
Bunge | | BG | | | G16962105 | | | | 5/23/2014 | | | M | | Directors | | Y | | F | | F |
Bunge | | BG | | | G16962105 | | | | 5/23/2014 | | | M | | Accounting | | Y | | F | | F |
Bunge | | BG | | | G16962105 | | | | 5/23/2014 | | | M | | Executive Compensation | | Y | | F | | F |
Bunge | | BG | | | G16962105 | | | | 5/23/2014 | | | M | | Equity Incentive Plan | | Y | | F | | F |
| | | | | | | | | | | | | | | | | | | | |
Security Name | | Ticker | | Cusip | | | Meeting
Date | | | Proposed
(M) or (S) | | Description | | Vote | | For, Against
or Abstain | | For or Against
Management |
Durect | | DRRX | | | 26605104 | | | | 6/16/2014 | | | M | | Directors | | Y | | F | | F |
Durect | | DRRX | | | 26605104 | | | | 6/16/2014 | | | M | | Say On Pay | | Y | | F | | F |
Durect | | DRRX | | | 26605104 | | | | 6/16/2014 | | | M | | Accounting Firm | | Y | | F | | F |
Durect | | DRRX | | | 26605104 | | | | 6/16/2014 | | | M | | Stock Issuance | | Y | | F | | F |
| | | | | | | | |
Merck | | MRK | | | 58933Y105 | | | | 5/27/2014 | | | M | | Directors | | Y | | F | | F |
Merck | | MRK | | | 58933Y105 | | | | 5/27/2014 | | | M | | Accounting | | Y | | F | | F |
Merck | | MRK | | | 58933Y105 | | | | 5/27/2014 | | | M | | Special Meetings | | N | | A | | F |
Merck | | MRK | | | 58933Y105 | | | | 5/27/2014 | | | M | | Executive Compensation | | Y | | F | | F |
Merck | | MRK | | | 58933Y105 | | | | 5/27/2014 | | | M | | Written Consent | | N | | A | | F |
| | | | | | | | |
IBM | | IBM | | | 459200101 | | | | 4/29/2014 | | | M | | Directors | | Y | | F | | F |
IBM | | IBM | | | 459200101 | | | | 4/29/2014 | | | M | | Accounting | | Y | | F | | F |
IBM | | IBM | | | 459200101 | | | | 4/29/2014 | | | M | | Disclosure of Lobbying | | N | | A | | F |
IBM | | IBM | | | 459200101 | | | | 4/29/2014 | | | M | | Executive Compensation | | Y | | F | | F |
IBM | | IBM | | | 459200101 | | | | 4/29/2014 | | | M | | Written Consent | | N | | A | | F |
IBM | | IBM | | | 459200101 | | | | 4/29/2014 | | | M | | Accelerated Pay | | N | | A | | F |
IBM | | IBM | | | 459200101 | | | | 4/29/2014 | | | M | | Long Term Incentive | | Y | | F | | F |
| | | | | | | | |
Unisource | | UNS | | | 909205106 | | | | 3/26/2014 | | | M | | Merger | | Y | | F | | F |
Unisource | | UNS | | | 909205106 | | | | 3/26/2014 | | | M | | Executive Compensation | | Y | | F | | F |
| | | | | | | | |
Unisource | | UNS | | | 909205106 | | | | 5/2/2014 | | | M | | Directors | | Y | | F | | F |
Unisource | | UNS | | | 909205106 | | | | 5/2/2014 | | | M | | Executive Compensation | | Y | | F | | F |
Unisource | | UNS | | | 909205106 | | | | 5/2/2014 | | | M | | Accounting | | Y | | F | | F |
| | | | | | | | |
Pfizer | | PFE | | | 717081103 | | | | 4/24/2014 | | | M | | Directors | | Y | | F | | F |
Pfizer | | PFE | | | 717081103 | | | | 4/24/2014 | | | M | | Accounting | | Y | | F | | F |
Pfizer | | PFE | | | 717081103 | | | | 4/24/2014 | | | M | | Political Contributions | | Y | | F | | A |
Pfizer | | PFE | | | 717081103 | | | | 4/24/2014 | | | M | | Executive Compensation | | Y | | F | | F |
Pfizer | | PFE | | | 717081103 | | | | 4/24/2014 | | | M | | Written Consent | | N | | A | | F |
Pfizer | | PFE | | | 717081103 | | | | 4/24/2014 | | | M | | Lobbying | | N | | A | | F |
| | | | | | | | |
Nextera | | NEE | | | 65339F101 | | | | 5/22/2014 | | | M | | Directors | | Y | | F | | F |
Nextera | | NEE | | | 65339F101 | | | | 5/22/2014 | | | M | | Auditors | | Y | | F | | F |
Nextera | | NEE | | | 65339F101 | | | | 5/22/2014 | | | M | | Eliminate Supermajority Vote | | N | | A | | F |
Nextera | | NEE | | | 65339F101 | | | | 5/22/2014 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
Integrys Energy | | TEG | | | 45822P105 | | | | 5/15/2014 | | | M | | Directors | | Y | | F | | F |
Integrys Energy | | TEG | | | 45822P105 | | | | 5/15/2014 | | | M | | Compensation | | Y | | F | | F |
Integrys Energy | | TEG | | | 45822P105 | | | | 5/15/2014 | | | M | | Incentive Compensation Plan | | Y | | F | | F |
Integrys Energy | | TEG | | | 45822P105 | | | | 5/15/2014 | | | M | | Accounting | | Y | | F | | F |
| | | | | | | | | | | | | | | | | | | | |
Security Name | | Ticker | | Cusip | | | Meeting
Date | | | Proposed
(M) or (S) | | Description | | Vote | | For, Against
or Abstain | | For or Against
Management |
Pepco Holdings | | POM | | | 713291102 | | | | 5/16/2014 | | | M | | Directors | | N | | A | | A |
Pepco Holdings | | POM | | | 713291102 | | | | 5/16/2014 | | | M | | Compensation/Restated Plan | | Y | | F | | F |
Pepco Holdings | | POM | | | 713291102 | | | | 5/16/2014 | | | M | | Accounting | | Y | | F | | F |
| | | | | | | | |
Allstate | | ALL | | | 020002101 | | | | 5/20/2014 | | | M | | Directors | | Y | | F | | F |
Allstate | | ALL | | | 020002101 | | | | 5/20/2014 | | | M | | Auditors | | Y | | F | | F |
Allstate | | ALL | | | 020002101 | | | | 5/20/2014 | | | M | | Incentive Plan | | Y | | F | | F |
Allstate | | ALL | | | 020002101 | | | | 5/20/2014 | | | M | | Compensation | | Y | | F | | F |
Allstate | | ALL | | | 020002101 | | | | 5/20/2014 | | | M | | Executive Equity Retention | | Y | | F | | A |
Allstate | | ALL | | | 020002101 | | | | 5/20/2014 | | | M | | Lobbying disclosure | | Y | | F | | A |
Allstate | | ALL | | | 020002101 | | | | 5/20/2014 | | | M | | Political Expenditures | | Y | | F | | A |
| | | | | | | | |
US Ecology | | ECOL | | | 91732J102 | | | | 5/22/2014 | | | M | | Directors | | Y | | F | | F |
US Ecology | | ECOL | | | 91732J102 | | | | 5/22/2014 | | | M | | Compensation | | Y | | F | | F |
US Ecology | | ECOL | | | 91732J102 | | | | 5/22/2014 | | | M | | Accounting | | Y | | F | | F |
| | | | | | | | |
Agenus | | AGEN | | | 00847G101 | | | | 4/23/2014 | | | M | | Directors | | Y | | F | | F |
Agenus | | AGEN | | | 00847G101 | | | | 4/23/2014 | | | M | | Shares | | Y | | F | | F |
Agenus | | AGEN | | | 00847G101 | | | | 4/23/2014 | | | M | | Compensation | | Y | | F | | F |
Agenus | | AGEN | | | 00847G101 | | | | 4/23/2014 | | | M | | Incentive Plan | | N | | A | | A |
Agenus | | AGEN | | | 00847G101 | | | | 4/23/2014 | | | M | | Accounting | | Y | | F | | F |
| | | | | | | | |
Flotek | | FTK | | | 343389102 | | | | 5/16/2014 | | | M | | Directors | | Y | | F | | F |
Flotek | | FTK | | | 343389102 | | | | 5/16/2014 | | | M | | Auditors | | Y | | F | | F |
Flotek | | FTK | | | 343389102 | | | | 5/16/2014 | | | M | | Compensation | | Y | | F | | F |
Flotek | | FTK | | | 343389102 | | | | 5/16/2014 | | | M | | Incentive Plan | | Y | | F | | F |
| | | | | | | | |
Abbvie | | ABBV | | | 00287Y109 | | | | 5/9/2014 | | | M | | Directors | | Y | | F | | F |
Abbvie | | ABBV | | | 00287Y109 | | | | 5/9/2014 | | | M | | Auditors | | Y | | F | | F |
Abbvie | | ABBV | | | 00287Y109 | | | | 5/9/2014 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
Amerco | | UHAL | | | 023586100 | | | | 8/29/2013 | | | M | | Directors | | N | | A | | A |
Amerco | | UHAL | | | 023586100 | | | | 8/29/2013 | | | M | | Compensation | | Y | | F | | F |
Amerco | | UHAL | | | 023586100 | | | | 8/29/2013 | | | M | | Board Actions | | Y | | F | | F |
Amerco | | UHAL | | | 023586100 | | | | 8/29/2013 | | | M | | Staggered Board | | Y | | F | | F |
Amerco | | UHAL | | | 023586100 | | | | 8/29/2013 | | | M | | Accounting | | Y | | F | | F |
| | | | | | | | | | | | | | | | | | | | |
Security Name | | Ticker | | Cusip | | | Meeting
Date | | | Proposed
(M) or (S) | | Description | | Vote | | For, Against
or Abstain | | For or Against
Management |
Diamond Foods | | DMND | | | 252603105 | | | | 1/14/2014 | | | M | | Directors | | Y | | F | | F |
Diamond Foods | | DMND | | | 252603105 | | | | 1/14/2014 | | | M | | Auditors | | Y | | F | | F |
Diamond Foods | | DMND | | | 252603105 | | | | 1/14/2014 | | | M | | Say on Pay | | Y | | F | | F |
| | | | | | | | |
Ashland | | ASH | | | 44209104 | | | | 1/30/2014 | | | M | | Directors | | Y | | F | | F |
Ashland | | ASH | | | 44209104 | | | | 1/30/2014 | | | M | | Auditors | | Y | | F | | F |
Ashland | | ASH | | | 44209104 | | | | 1/30/2014 | | | M | | Compensation | | Y | | F | | F |
Ashland | | ASH | | | 44209104 | | | | 1/30/2014 | | | M | | Board Declassifcation | | Y | | F | | F |
| | | | | | | | |
Prothena | | PRTA | | | G72800108 | | | | 5/21/2014 | | | M | | Directors | | Y | | F | | F |
Prothena | | PRTA | | | G72800108 | | | | 5/21/2014 | | | M | | Auditors | | Y | | F | | F |
Prothena | | PRTA | | | G72800108 | | | | 5/21/2014 | | | M | | Long term Incentive Plan | | Y | | F | | F |
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 Bruce Fund, Inc. | | |
| | | |
| By: (Signature and Title)* | | /s/ Jeff Bruce | | | | |
| | Jeff Bruce, Secretary | | | | |
| | | |
| Date: August 15, 2014 | | | | | | |
