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: 811-3429
CAPITAL APPRECIATION FUND
(Exact name of registrant as specified in charter)
One Cityplace, Hartford, CT 06103-3415
(Address of principal executive offices)(Zip code)
| | |
| (Name and Address of Agent for Service) | | Copy to: |
| |
Elizabeth M. Forget President Capital Appreciation Fund 260 Madison Avenue, 10th Floor New York, NY 10016 | | Robert N. Hickey, Esq. Sullivan & Worcester LLP 1666 K Street, N.W. Washington, D.C. 20006 |
Registrant’s telephone number, including area code: (800) 848-3854
Date of fiscal year end: December 31
Date of reporting period: July 1, 2005 through April 28, 2006
ITEM 1. PROXY VOTING RECORD.
|
| VOTE SUMMARY REPORT |
| JULY 01, 2005—APRIL 28, 2006 |
|
| CAPITAL APPRECIATION FUND |
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| ELECTRONIC ARTS INC. |
| |
| Ticker: ERTS | | Security ID: 285512109 |
| |
| Meeting Date: JULY 28, 2005 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Elect Director M. Richard Asher | | M | | Y | | For | | FOR |
Elect Director Leonard S. Coleman | | M | | Y | | For | | FOR |
Elect Director Gary M. Kusin | | M | | Y | | For | | FOR |
Elect Director Gregory B. Maffei | | M | | Y | | For | | FOR |
Elect Director Timothy Mott | | M | | Y | | Withhold | | Against |
Elect Director Vivek Paul | | M | | Y | | For | | FOR |
Elect Director Robert W. Pittman | | M | | Y | | For | | FOR |
Elect Director Lawrence F. Probst III | | M | | Y | | For | | FOR |
Elect Director Linda J. Srere | | M | | Y | | For | | FOR |
Amend Omnibus Stock Plan | | M | | Y | | For | | FOR |
Amend Qualified Employee Stock Purchase Plan | | M | | Y | | For | | FOR |
Ratify Auditors | | M | | Y | | For | | FOR |
| | | | | | | | |
NIKE, INC. |
| |
| Ticker: NKE | | Security ID: 65106103 |
| |
| Meeting Date: SEPTEMBER 20, 2005 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Elect Director Jill K. Conway | | M | | Y | | For | | FOR |
Elect Director Alan B. Graf, Jr. | | M | | Y | | For | | FOR |
Elect Director Jeanne P. Jackson | | M | | Y | | For | | FOR |
Increase Authorized Common Stock | | M | | Y | | For | | FOR |
Approve Executive Incentive Bonus Plan | | M | | Y | | For | | FOR |
Amend Omnibus Stock Plan | | M | | Y | | Against | | Against |
Ratify Auditors | | M | | Y | | For | | FOR |
| | | | | | | | |
COACH, INC. |
| |
| Ticker: COH | | Security ID: 18975104 |
| |
| Meeting Date: NOVEMBER 02, 2005 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Elect Director Joseph Ellis | | M | | Y | | For | | FOR |
Elect Director Lew Frankfort | | M | | Y | | For | | FOR |
Elect Director Gary Loveman | | M | | Y | | For | | FOR |
Elect Director Ivan Menezes | | M | | Y | | For | | FOR |
Elect Director Irene Miller | | M | | Y | | For | | FOR |
Elect Director Keith Monda | | M | | Y | | For | | FOR |
Elect Director Michael Murphy | | M | | Y | | For | | FOR |
Amend Executive Incentive Bonus Plan | | M | | Y | | For | | FOR |
| | | | | | | | |
TEVA PHARMACEUTICAL INDUSTRIES |
| |
| Ticker: NULL | | Security ID: 881624209 |
| |
| Meeting Date: OCTOBER 27, 2005 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
TO APPROVE THE ISSUANCE OF ORDINARY SHARES OF TEVA, PURSUANT TO THE AGREEMENT AND PLAN OF MERGER, DATED JULY 25, 2005, BY AND AMONG IVAX CORPORATION, TEVA AND TWO WHOLLY OWNED SUBSIDIARIES OF TEVA, IVORY ACQUISITION SUB, INC. AND IVORY ACQUISITION SUB II | | M | | Y | | For | | FOR |
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QUALCOMM INC. |
| |
| Ticker: QCOM | | Security ID: 747525103 |
| |
| Meeting Date: MARCH 07, 2006 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Elect Director Richard C. Atkinson | | M | | Y | | For | | FOR |
Elect Director Diana Lady Dougan | | M | | Y | | For | | FOR |
Elect Director Peter M. Sacerdote | | M | | Y | | For | | FOR |
Elect Director Marc I. Stern | | M | | Y | | For | | FOR |
Declassify the Board and Eliminate Cumulative Voting | | M | | Y | | For | | FOR |
Amend Omnibus Stock Plan | | M | | Y | | For | | FOR |
Ratify Auditors | | M | | Y | | For | | FOR |
Adjourn Meeting | | M | | Y | | Against | | Against |
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SUNCOR ENERGY INC. |
| |
| Ticker: SU | | Security ID: 867229106 |
| |
| Meeting Date: APRIL 26, 2006 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Elect Director Mel E. Benson | | M | | Y | | For | | FOR |
Elect Director Brian A. Canfield | | M | | Y | | For | | FOR |
Elect Director Bryan P. Davies | | M | | Y | | For | | FOR |
Elect Director Brian A. Felesky | | M | | Y | | For | | FOR |
Elect Director John T. Ferguson | | M | | Y | | For | | FOR |
Elect Director W. Douglas Ford | | M | | Y | | For | | FOR |
Elect Director Richard L. George | | M | | Y | | For | | FOR |
Elect Director John R. Huff | | M | | Y | | For | | FOR |
Elect Director M. Ann McCaig | | M | | Y | | For | | FOR |
Elect Director Michael W. O’Brien | | M | | Y | | Withhold | | Against |
Elect Director JR Shaw | | M | | Y | | For | | FOR |
Elect Director Eira M. Thomas | | M | | Y | | For | | FOR |
Ratify PricewaterhouseCoopers as Auditors | | M | | Y | | For | | FOR |
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THE GOLDMAN SACHS GROUP, INC. |
| |
| Ticker: GS | | Security ID: 38141G104 |
| |
| Meeting Date: MARCH 31, 2006 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Elect Director Lloyd C. Blankfein | | M | | Y | | For | | FOR |
Elect Director Lord Browne Ofmadingley | | M | | Y | | For | | FOR |
Elect Director John H. Bryan | | M | | Y | | For | | FOR |
Elect Director Claes Dahlback | | M | | Y | | For | | FOR |
Elect Director Stephen Friedman | | M | | Y | | For | | FOR |
Elect Director William W. George | | M | | Y | | For | | FOR |
Elect��Director James A. Johnson | | M | | Y | | For | | FOR |
Elect Director Lois D. Juliber | | M | | Y | | For | | FOR |
Elect Director Edward M. Liddy | | M | | Y | | For | | FOR |
Elect Director Henry M. Paulson, Jr. | | M | | Y | | For | | FOR |
Elect Director Ruth J. Simmons | | M | | Y | | For | | FOR |
Amend Restricted Partner Compensation Plan | | M | | Y | | For | | FOR |
Ratify Auditors | | M | | Y | | For | | FOR |
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|
| APPLE COMPUTER, INC. |
| |
| Ticker: AAPL | | Security ID: 037833100 |
| |
| Meeting Date: APRIL 27, 2006 | | |
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Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Elect Director Fred D. Anderson | | M | | Y | | For | | FOR |
Elect Director William V. Campbell | | M | | Y | | For | | FOR |
Elect Director Millard S. Drexler | | M | | Y | | For | | FOR |
Elect Director Albert A. Gore, Jr. | | M | | Y | | For | | FOR |
Elect Director Steven P. Jobs | | M | | Y | | For | | FOR |
Elect Director Arthur D. Levinson, Ph.D. | | M | | Y | | For | | FOR |
Elect Director Jerome B. York | | M | | Y | | For | | FOR |
Ratify Auditors | | M | | Y | | For | | FOR |
Report on Computer Recycling Policy | | S | | Y | | Abstain | | Against |
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|
| HARRAH’S ENTERTAINMENT, INC. |
| |
| Ticker: HET | | Security ID: 413619107 |
| |
| Meeting Date: APRIL 25, 2006 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Elect Director Charles L Atwood | | M | | Y | | For | | FOR |
Elect Director R. Brad Martin | | M | | Y | | For | | FOR |
Elect Director Gary G. Michael | | M | | Y | | For | | FOR |
Amend Omnibus Stock Plan | | M | | Y | | For | | FOR |
Ratify Auditors | | M | | Y | | For | | FOR |
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GENENTECH, INC. |
| |
| Ticker: DNA | | Security ID: 368710406 |
| |
| Meeting Date: APRIL 20, 2006 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Elect Director Herbert W. Boyer | | M | | Y | | Withhold | | Against |
Elect Director William M. Burns | | M | | Y | | Withhold | | Against |
Elect Director Erich Hunziker | | M | | Y | | Withhold | | Against |
Elect Director Jonathan K.C. Knowles | | M | | Y | | Withhold | | Against |
Elect Director Arthur D. Levinson | | M | | Y | | Withhold | | Against |
Elect Director Debra L. Reed | | M | | Y | | Withhold | | Against |
Elect Director Charles A. Sanders | | M | | Y | | Withhold | | Against |
Amend Qualified Employee Stock Purchase Plan | | M | | Y | | For | | FOR |
Ratify Auditors | | M | | Y | | For | | FOR |
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INVITROGEN CORP. |
| |
| Ticker: IVGN | | Security ID: 46185R100 |
| |
| Meeting Date: APRIL 21, 2006 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Elect Director Gregory T. Lucier | | M | | Y | | For | | FOR |
Elect Director Donald W. Grimm | | M | | Y | | For | | FOR |
Ratify Auditors | | M | | Y | | For | | FOR |
Amend Qualified Employee Stock Purchase Plan | | M | | Y | | For | | FOR |
Increase Authorized Common Stock | | M | | Y | | For | | FOR |
| | | | | | | | |
WELLS FARGO & COMPANY |
| |
| Ticker: WFC | | Security ID: 949746101 |
| |
| Meeting Date: APRIL 25, 2006 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Elect Director Lloyd H. Dean | | M | | Y | | For | | FOR |
Elect Director Susan E. Engel | | M | | Y | | For | | FOR |
Elect Director Enrique Hernandez, Jr. | | M | | Y | | For | | FOR |
Elect Director Robert L. Joss | | M | | Y | | For | | FOR |
Elect Director Richard M. Kovacevich | | M | | Y | | For | | FOR |
Elect Director Richard D. McCormick | | M | | Y | | For | | FOR |
Elect Director Cynthia H. Milligan | | M | | Y | | Withhold | | Against |
Elect Director Nicholas G. Moore | | M | | Y | | For | | FOR |
Elect Director Philip J. Quigley | | M | | Y | | Withhold | | Against |
Elect Director Donald B. Rice | | M | | Y | | Withhold | | Against |
Elect Director Judith M. Runstad | | M | | Y | | For | | FOR |
Elect Director Stephen W. Sanger | | M | | Y | | For | | FOR |
Elect Director Susan G. Swenson | | M | | Y | | For | | FOR |
Elect Director Michael W. Wright | | M | | Y | | Withhold | | Against |
Ratify Auditors | | M | | Y | | For | | Against |
Require a Majority Vote for the Election of Directors | | S | | Y | | For | | Against |
Separate Chairman and CEO Positions | | S | | Y | | For | | Against |
Compensation-Director Compensation | | S | | Y | | Against | | Against |
Report on Discrimination in Lending | | S | | Y | | Abstain | | Against |
| | | | | | | | |
SYNGENTA AG |
| |
| Ticker: SYT | | Security ID: H84140112 |
| |
| Meeting Date: APRIL 19, 2006 | | |
| | | | | | | | |
Item Description | | Proposed by
Management or
Security Holder | | Voted | | VoteCast | | FOR or
AGAINST
Mgmt |
Amend Articles Re: Allow Electronic Voting | | M | | | | Null | | |
Accept Financial Statements and Statutory Reports | | M | | | | Null | | |
Approve Discharge of Board and Senior Management | | M | | | | Null | | |
Approve Allocation of Income and Omission of Dividends | | M | | | | Null | | |
Approve CHF 13 Million Reduction in Share Capital via Cancellation of Repurchased Shares | | M | | | | Null | | |
Approve CHF 343.3 Million Reduction in Share Capital; Approve Capital Repayment of CHF 3.30 per Share | | M | | | | Null | | |
Amend Articles Re: Reduce Capital Holding Requirement for Submitting Shareholder Proposals | | M | | | | Null | | |
Authorize Repurchase of up to Ten Percent of Issued Share Capital | | M | | | | Null | | |
Elect Directors | | M | | | | Null | | |
Ratify Ernst &Young AG as Auditors | | M | | | | Null | | |
Not voted due to shareblocking restriction. The potential impact on trading/loan activities would outweigh the economic value of the vote.
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.
| | |
| CAPITAL APPRECIATION FUND |
By: | | /s/ Elizabeth M. Forget |
| | Elizabeth M. Forget |
| | President |
Date: | | June 30, 2006 |
