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)
Robert B. Bruce
20 North Wacker Drive, Suite 2414
Chicago, Illinois 60606
(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: 07/01/2015-06/30/16
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 270.30b 1-4).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 C’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.
| | | | | | | | | | | | | | | | | | |
| Security Name | | Ticker | | Cusip | | Meeting
Date | | | Proposed
(M) or (S) | | Description | | Vote | | For, Against
or Abstain | | For or Against
Management |
| | | | | | | | |
| EDAP | | EDAP | | 268311107 | | | 6/30/2016 | | | M | | Auditors | | Y | | F | | F |
| EDAP | | EDAP | | 268311107 | | | 6/30/2016 | | | M | | Financials | | Y | | F | | F |
| EDAP | | EDAP | | 268311107 | | | 6/30/2016 | | | M | | Allocation net income | | Y | | F | | F |
| EDAP | | EDAP | | 268311107 | | | 2/15/2016 | | | M | | Issue Shares | | Y | | F | | F |
| EDAP | | EDAP | | 268311107 | | | 2/15/2016 | | | M | | Maximum share amount | | Y | | F | | F |
| EDAP | | EDAP | | 268311107 | | | 2/15/2016 | | | M | | Issue Shares to Specified Persons | | N | | A | | F |
| | | | | | | | |
| Astrotech | | ASTC | | 046484101 | | | 12/4/2015 | | | M | | Directors | | Y | | F | | F |
| Astrotech | | ASTC | | 046484101 | | | 12/4/2015 | | | M | | Auditors | | Y | | F | | F |
| Astrotech | | ASTC | | 046484101 | | | 12/4/2015 | | | M | | Executive Compensation | | Y | | F | | F |
| | | | | | | | |
| Calpine | | CPN | | 131347304 | | | 5/11/2016 | | | M | | Directors | | Y | | F | | F |
| Calpine | | CPN | | 131347304 | | | 5/11/2016 | | | M | | Auditors | | Y | | F | | F |
| Calpine | | CPN | | 131347304 | | | 5/11/2016 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
| Goldcorp | | GG | | 380956409 | | | 4/28/2016 | | | M | | Directors | | Y | | F | | F |
| Goldcorp | | GG | | 380956409 | | | 4/28/2016 | | | M | | Auditors | | Y | | F | | F |
| Goldcorp | | GG | | 380956409 | | | 4/28/2016 | | | M | | Amendments to shares | | Y | | F | | F |
| Goldcorp | | GG | | 380956409 | | | 4/28/2016 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
| Actua Corp. | | ACTA | | 005094107 | | | 6/17/2016 | | | M | | Directors | | Y | | F | | F |
| Actua Corp. | | ACTA | | 005094107 | | | 6/17/2016 | | | M | | Accounting | | Y | | F | | F |
| Actua Corp. | | ACTA | | 005094107 | | | 6/17/2016 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
| Bunge | | BG | | G16962105 | | | 5/25/2016 | | | M | | Directors | | Y | | F | | F |
| Bunge | | BG | | G16962105 | | | 5/25/2016 | | | M | | Accounting | | Y | | F | | F |
| Bunge | | BG | | G16962105 | | | 5/25/2016 | | | M | | Executive Compensation | | Y | | F | | F |
| Bunge | | BG | | G16962105 | | | 5/25/2016 | | | M | | Equity Incentive Plan | | Y | | F | | F |
| | | | | | | | |
| Merck | | MRK | | 58933Y105 | | | 5/23/2016 | | | M | | Directors | | Y | | F | | F |
| Merck | | MRK | | 58933Y105 | | | 5/23/2016 | | | M | | Accounting | | Y | | F | | F |
| Merck | | MRK | | 58933Y105 | | | 5/23/2016 | | | M | | Compensation | | Y | | F | | F |
| Merck | | MRK | | 58933Y105 | | | 5/23/2016 | | | M | | Accelerated Vesting | | N | | A | | F |
| | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | |
| Merck | | MRK | | 58933Y105 | | | 5/23/2016 | | | M | | Written Consent | | N | | A | | F |
| Merck | | MRK | | 58933Y105 | | | 5/23/2016 | | | M | | Independent Chairman | | N | | A | | F |
| Merck | | MRK | | 58933Y105 | | | 5/23/2016 | | | M | | Expired drugs | | N | | A | | F |
| | | | | | | | |
| IBM | | IBM | | 459200101 | | | 4/26/2016 | | | M | | Directors | | Y | | F | | F |
| IBM | | IBM | | 459200101 | | | 4/26/2016 | | | M | | Accounting | | Y | | F | | F |
| IBM | | IBM | | 459200101 | | | 4/26/2016 | | | M | | Disclosure of Lobbying | | Y | | F | | A |
| IBM | | IBM | | 459200101 | | | 4/26/2016 | | | M | | Executive Compensation | | Y | | F | | F |
| IBM | | IBM | | 459200101 | | | 4/26/2016 | | | M | | Written Consent | | Y | | F | | A |
| IBM | | IBM | | 459200101 | | | 4/26/2016 | | | M | | Independent Chairman | | N | | A | | F |
| | | | | | | | |
| Pfizer | | PFE | | 717081103 | | | 4/28/2016 | | | M | | Directors | | Y | | F | | F |
| Pfizer | | PFE | | 717081103 | | | 4/28/2016 | | | M | | Accounting | | Y | | F | | F |
| Pfizer | | PFE | | 717081103 | | | 4/28/2016 | | | M | | Executive Compensation | | Y | | F | | F |
| Pfizer | | PFE | | 717081103 | | | 4/28/2016 | | | M | | Lobbying | | Y | | F | | A |
| Pfizer | | PFE | | 717081103 | | | 4/28/2016 | | | M | | Elections | | N | | A | | F |
| Pfizer | | PFE | | 717081103 | | | 4/28/2016 | | | M | | written consent | | N | | A | | F |
| | | | | | | | |
| Nextera | | NEE | | 65339F101 | | | 5/19/2016 | | | M | | Directors | | Y | | F | | F |
| Nextera | | NEE | | 65339F101 | | | 5/19/2016 | | | M | | Auditors | | Y | | F | | F |
| Nextera | | NEE | | 65339F101 | | | 5/19/2016 | | | M | | Incentive plan | | Y | | F | | F |
| Nextera | | NEE | | 65339F101 | | | 5/19/2016 | | | M | | Compensation | | Y | | F | | F |
| Nextera | | NEE | | 65339F101 | | | 5/19/2016 | | | M | | Proxy Access | | N | | A | | F |
| Nextera | | NEE | | 65339F101 | | | 5/19/2016 | | | M | | Sea Level | | N | | A | | F |
| Nextera | | NEE | | 65339F101 | | | 5/19/2016 | | | M | | Political Contributions | | Y | | F | | A |
| | | | | | | | |
| Allstate | | ALL | | 020002101 | | | 5/24/2016 | | | M | | Directors | | Y | | F | | F |
| Allstate | | ALL | | 020002101 | | | 5/24/2016 | | | M | | Auditors | | Y | | F | | F |
| Allstate | | ALL | | 020002101 | | | 5/24/2016 | | | M | | Compensation | | Y | | F | | F |
| Allstate | | ALL | | 020002101 | | | 5/24/2016 | | | M | | Independent chairman | | N | | A | | F |
| Allstate | | ALL | | 020002101 | | | 5/24/2016 | | | M | | Political Contributions | | Y | | F | | A |
| | | | | | | | |
| US Ecology | | ECOL | | 91732J102 | | | 6/2/2016 | | | M | | Directors | | Y | | F | | F |
| US Ecology | | ECOL | | 91732J102 | | | 6/2/2016 | | | M | | Compensation | | Y | | F | | F |
| US Ecology | | ECOL | | 91732J102 | | | 6/2/2016 | | | M | | Accounting | | Y | | F | | F |
| | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | |
| Agenus | | AGEN | | 00847G705 | | | 6/14/2016 | | | M | | Directors | | Y | | F | | F |
| Agenus | | AGEN | | 00847G705 | | | 6/14/2016 | | | M | | Compensation | | Y | | F | | F |
| Agenus | | AGEN | | 00847G705 | | | 6/14/2016 | | | M | | Incentive Plan | | Y | | F | | F |
| Agenus | | AGEN | | 00847G705 | | | 6/14/2016 | | | M | | Accounting | | Y | | F | | F |
| | | | | | | | |
| Flotek | | FTK | | 343389102 | | | 4/22/2016 | | | M | | Directors | | Y | | F | | F |
| Flotek | | FTK | | 343389102 | | | 4/22/2016 | | | M | | Auditors | | Y | | F | | F |
| Flotek | | FTK | | 343389102 | | | 4/22/2016 | | | M | | Compensation | | Y | | F | | F |
| Flotek | | FTK | | 343389102 | | | 4/22/2016 | | | M | | Incentive plan | | Y | | F | | F |
| | | | | | | | |
| Abbvie | | ABBV | | 00287Y109 | | | 5/5/2016 | | | M | | Directors | | Y | | F | | F |
| Abbvie | | ABBV | | 00287Y109 | | | 5/5/2016 | | | M | | Auditors | | Y | | F | | F |
| Abbvie | | ABBV | | 00287Y109 | | | 5/5/2016 | | | M | | Compensation | | Y | | F | | F |
| Abbvie | | ABBV | | 00287Y109 | | | 5/5/2016 | | | M | | Incentive plan | | Y | | F | | F |
| Abbvie | | ABBV | | 00287Y109 | | | 5/5/2016 | | | M | | Drug disposal | | N | | A | | F |
| Abbvie | | ABBV | | 00287Y109 | | | 5/5/2016 | | | M | | Lobbying | | Y | | F | | A |
| | | | | | | | |
| Amerco | | UHAL | | 023586100 | | | 8/27/2015 | | | M | | Directors | | N | | A | | A |
| Amerco | | UHAL | | 023586100 | | | 8/27/2015 | | | M | | Compensation | | Y | | F | | F |
| Amerco | | UHAL | | 023586100 | | | 8/27/2015 | | | M | | Board Actions | | Y | | F | | F |
| Amerco | | UHAL | | 023586100 | | | 8/27/2015 | | | M | | Accounting | | Y | | F | | F |
| Amerco | | UHAL | | 023586100 | | | 8/27/2015 | | | M | | REIT conversion | | A | | A | | F |
| Amerco | | UHAL | | 023586100 | | | 8/27/2015 | | | M | | Stock dividend | | Y | | F | | F |
| Amerco | | UHAL | | 023586100 | | | 6/8/2016 | | | M | | Share increase | | Y | | F | | F |
| Amerco | | UHAL | | 023586100 | | | 6/8/2016 | | | M | | Board committees | | Y | | F | | F |
| Amerco | | UHAL | | 023586100 | | | 6/8/2016 | | | M | | Personal liability | | Y | | F | | F |
| Amerco | | UHAL | | 023586100 | | | 6/8/2016 | | | M | | Stock option plan | | Y | | F | | F |
| | | | | | | | |
| Ennis | | EBF | | 293389102 | | | 7/23/2015 | | | M | | Directors | | Y | | F | | F |
| Ennis | | EBF | | 293389102 | | | 7/23/2015 | | | M | | Auditors | | Y | | F | | F |
| Ennis | | EBF | | 293389102 | | | 7/23/2015 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
| Prothena | | PRTA | | G72800108 | | | 5/19/2016 | | | M | | Directors | | Y | | F | | F |
| Prothena | | PRTA | | G72800108 | | | 5/19/2016 | | | M | | Auditors | | Y | | F | | F |
| Prothena | | PRTA | | G72800108 | | | 5/19/2016 | | | M | | Compensation | | Y | | F | | F |
| Prothena | | PRTA | | G72800108 | | | 5/19/2016 | | | M | | Long term Incentive Plan | | Y | | F | | F |
| | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | |
| Durect | | DRRX | | 266605104 | | | 6/22/2016 | | | M | | Directors | | Y | | F | | F |
| Durect | | DRRX | | 266605104 | | | 6/22/2016 | | | M | | Auditors | | Y | | F | | F |
| Durect | | DRRX | | 266605104 | | | 6/22/2016 | | | M | | Compensation | | Y | | F | | F |
| Durect | | DRRX | | 266605104 | | | 6/22/2016 | | | M | | Share increase | | Y | | F | | F |
| | | | | | | | |
| Abbott | | ABT | | 002824100 | | | 4/29/2016 | | | M | | Directors | | Y | | F | | F |
| Abbott | | ABT | | 002824100 | | | 4/29/2016 | | | M | | Say on Pay | | Y | | F | | F |
| Abbott | | ABT | | 002824100 | | | 4/29/2016 | | | M | | Accounting | | Y | | F | | F |
| | | | | | | | |
| Duke Energy | | DUK | | 26441C204 | | | 5/5/2016 | | | M | | Directors | | Y | | F | | F |
| Duke Energy | | DUK | | 26441C204 | | | 5/5/2016 | | | M | | Auditors | | Y | | F | | F |
| Duke Energy | | DUK | | 26441C204 | | | 5/5/2016 | | | M | | Compensation | | Y | | F | | F |
| Duke Energy | | DUK | | 26441C204 | | | 5/5/2016 | | | M | | Supermajority | | N | | A | | F |
| Duke Energy | | DUK | | 26441C204 | | | 5/5/2016 | | | M | | Lobbying | | Y | | F | | A |
| | | | | | | | |
| Sirius XM Holding | | SIRI | | 82968B103 | | | 5/24/2016 | | | M | | Directors | | Y | | F | | F |
| Sirius XM Holding | | SIRI | | 82968B103 | | | 5/24/2016 | | | M | | Accounting | | Y | | F | | F |
| | | | | | | | |
| Supernus | | SUPN | | 868459108 | | | 5/19/2016 | | | M | | Directors | | Y | | F | | F |
| Supernus | | SUPN | | 868459108 | | | 5/19/2016 | | | M | | Accounting | | Y | | F | | F |
| Supernus | | SUPN | | 868459108 | | | 5/19/2016 | | | M | | Incentive plan | | Y | | F | | F |
| Supernus | | SUPN | | 868459108 | | | 5/19/2016 | | | M | | Shares | | Y | | F | | F |
| | | | | | | | |
| CMS Energy | | CMS | | 125896100 | | | 5/6/2016 | | | M | | Directors | | Y | | F | | F |
| CMS Energy | | CMS | | 125896100 | | | 5/6/2016 | | | M | | Auditors | | Y | | F | | F |
| CMS Energy | | CMS | | 125896100 | | | 5/6/2016 | | | M | | Compensation | | Y | | F | | F |
| | | | | | | | |
| Avista | | AVA | | 05379B107 | | | 5/12/2016 | | | M | | Directors | | Y | | F | | F |
| Avista | | AVA | | 05379B107 | | | 5/12/2016 | | | M | | Auditors | | Y | | F | | F |
| Avista | | AVA | | 05379B107 | | | 5/12/2016 | | | M | | Compensation | | Y | | F | | F |
| Avista | | AVA | | 05379B107 | | | 5/12/2016 | | | M | | Approval requirements | | Y | | F | | F |
| | | | | | | | |
| Solitario | | XPL | | 8342EP107 | | | 8/14/2015 | | | M | | Directors | | Y | | F | | F |
| Solitario | | XPL | | 8342EP107 | | | 8/14/2015 | | | M | | Auditors | | Y | | F | | F |
| | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | |
| Solitario | | XPL | | 8342EP107 | | | 8/14/2015 | | | M | | Compensation | | Y | | F | | F |
| Solitario | | XPL | | 8342EP107 | | | 8/14/2015 | | | M | | Sale transaction | | Y | | F | | F |
| | | | | | | | |
| WEC Energy | | CMS | | 976657106 | | | 5/6/2016 | | | M | | Directors | | Y | | F | | F |
| WEC Energy | | CMS | | 976657106 | | | 5/6/2016 | | | M | | Auditors | | Y | | F | | F |
| WEC Energy | | CMS | | 976657106 | | | 5/6/2016 | | | M | | Compensation | | Y | | F | | F |
| WEC Energy | | CMS | | 976657106 | | | 5/6/2016 | | | M | | Proxy Access | | N | | A | | F |
| | | | | | | | |
| XCEL Energy | | XEL | | 98389B100 | | | 5/18/2016 | | | M | | Directors | | Y | | F | | F |
| XCEL Energy | | XEL | | 98389B100 | | | 5/18/2016 | | | M | | Auditors | | Y | | F | | F |
| XCEL Energy | | XEL | | 98389B100 | | | 5/18/2016 | | | M | | Compensation | | Y | | F | | F |
| XCEL Energy | | XEL | | 98389B100 | | | 5/18/2016 | | | M | | Role seperation | | N | | A | | 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.
| | |
| Bruce Fund, Inc. |
| |
| By: | | /s/ Robert B. Bruce |
| | Robert B. Bruce, President |
|
| Date: 8-18-16 |
