Meeder Funds N-PX Annual report of proxy voting record

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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  811-03462 

The Flex-funds

Exact name of registrant as specified in charter)

6125 Memorial Drive, Dublin, Ohio 43017

(Address of principal executive offices)(Zip code)

Terra D. Case, 6125 Memorial Drive, Dublin, Ohio 43017

(Name and address of agent for service)

Registrant’s telephone number, including area code: 614-766-7000 

Date of fiscal year end: December 31, 2006 

Date of reporting period: June 30, 2007

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 (§§ 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. § 3507.

SEC 2451 (4-03) Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Item 1. Proxy Voting Record.

The Muirfield Fund®, The Dynamic Growth Fund, The Aggressive Growth Fund, The Defensive Growth Fund, The Focused Growth Fund, The U.S. Government Bond Fund and The Money Market Fund held no securities during the period covered by this report in which there was a security holder vote. Accordingly, there are no proxy votes to report.

******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-03462
Reporting Period: 07/01/2006 - 06/30/2007
The Flex-funds









=============================== THE QUANTEX FUND ===============================


ADC TELECOMMUNICATIONS, INC.

Ticker:       ADCT           Security ID:  000886309
Meeting Date: MAR 6, 2007    Meeting Type: Annual
Record Date:  JAN 10, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John J. Boyle, III         For       For        Management
1.2   Elect Director William R. Spivey, Ph.D.   For       For        Management
1.3   Elect Director Robert E. Switz            For       For        Management
1.4   Elect Director Larry W. Wangberg          For       For        Management
2     Fix Number of Directors                   For       For        Management
3     Ratify Auditors                           For       For        Management


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ALBERTO-CULVER CO.

Ticker:       ACV            Security ID:  013068101
Meeting Date: NOV 10, 2006   Meeting Type: Special
Record Date:  OCT 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adoption of Investment Agreement and      For       For        Management
      Transactions of Holding Company Merger
      and New Sally Share Issuance


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ALLIED WASTE INDUSTRIES, INC.

Ticker:       AW             Security ID:  019589308
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert M. Agate            For       For        Management
1.2   Elect Director Charles H. Cotros          For       For        Management
1.3   Elect Director James W. Crownover         For       For        Management
1.4   Elect Director Stephanie Drescher         For       For        Management
1.5   Elect Director William J. Flynn           For       For        Management
1.6   Elect Director David I. Foley             For       For        Management
1.7   Elect Director Nolan Lehmann              For       For        Management
1.8   Elect Director Steven Martinez            For       For        Management
1.9   Elect Director James A. Quella            For       For        Management
1.10  Elect Director John M. Trani              For       For        Management
1.11  Elect Director John J. Zillmer            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   For        Shareholder
      of Directors


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AMERICAN POWER CONVERSION CORP.

Ticker:       APCC           Security ID:  029066107
Meeting Date: JAN 16, 2007   Meeting Type: Special
Record Date:  DEC 6, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


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ANDREW CORP.

Ticker:       ANDW           Security ID:  034425108
Meeting Date: FEB 7, 2007    Meeting Type: Annual
Record Date:  DEC 11, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director W.L. Bax                   For       For        Management
1.2   Elect Director T.A. Donahoe               For       For        Management
1.3   Elect Director R.E. Faison                For       For        Management
1.4   Elect Director J.D. Fluno                 For       For        Management
1.5   Elect Director W.O. Hunt                  For       For        Management
1.6   Elect Director G.A. Poch                  For       For        Management
1.7   Elect Director A.F. Pollack               For       For        Management
1.8   Elect Director G.O. Toney                 For       For        Management
1.9   Elect Director A.L. Zopp                  For       For        Management
2     Ratify Auditors                           For       For        Management


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APARTMENT INVESTMENT & MANAGEMENT CO.

Ticker:       AIV            Security ID:  03748R101
Meeting Date: APR 30, 2007   Meeting Type: Annual
Record Date:  MAR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James N. Bailey            For       For        Management
1.2   Elect Director Terry Considine            For       For        Management
1.3   Elect Director Richard S. Ellwood         For       For        Management
1.4   Elect Director Thomas L. Keltner          For       For        Management
1.5   Elect Director J. Landis Martin           For       For        Management
1.6   Elect Director Robert A. Miller           For       For        Management
1.7   Elect Director Thomas L. Rhodes           For       For        Management
1.8   Elect Director Michael A. Stein           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Nonqualified Employee Stock       For       For        Management
      Purchase Plan


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APPLIED MICRO CIRCUITS CORP.

Ticker:       AMCC           Security ID:  03822W109
Meeting Date: NOV 17, 2006   Meeting Type: Special
Record Date:  APR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Repricing of Options              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


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ASHLAND INC.

Ticker:       ASH            Security ID:  044209104
Meeting Date: JAN 25, 2007   Meeting Type: Annual
Record Date:  NOV 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ernest H. Drew             For       For        Management
1.2   Elect Director Mannie L. Jackson          For       For        Management
1.3   Elect Director Theodore M. Solso          For       For        Management
1.4   Elect Director Michael J. Ward            For       For        Management
1.5   Elect Director John F. Turner             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   For        Shareholder
      of Directors


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AUTONATION, INC.

Ticker:       AN             Security ID:  05329W102
Meeting Date: MAY 9, 2007    Meeting Type: Annual
Record Date:  MAR 29, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Mike Jackson               For       For        Management
1.2   Elect Director Robert J. Brown            For       For        Management
1.3   Elect Director Rick L. Burdick            For       For        Management
1.4   Elect Director William C. Crowley         For       For        Management
1.5   Elect Director Kim C. Goodman             For       For        Management
1.6   Elect Director Robert R. Grusky           For       For        Management
1.7   Elect Director Michael E. Maroone         For       For        Management
1.8   Elect Director Carlos A. Migoya           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Amend Articles/Bylaws/Charter -- Call     Against   For        Shareholder
      Special Meetings


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AVAYA INC

Ticker:       AV             Security ID:  053499109
Meeting Date: FEB 15, 2007   Meeting Type: Annual
Record Date:  DEC 19, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph P. Landy            For       For        Management
1.2   Elect Director Mark Leslie                For       For        Management
1.3   Elect Director Daniel C. Stanzione        For       For        Management
1.4   Elect Director Anthony P. Terracciano     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Performance-Based and/or Time-Based       Against   For        Shareholder
      Equity Awards


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BALL CORP.

Ticker:       BLL            Security ID:  058498106
Meeting Date: APR 25, 2007   Meeting Type: Annual
Record Date:  MAR 1, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Hanno C. Fiedler           For       Withhold   Management
1.2   Elect Director John F. Lehman             For       Withhold   Management
1.3   Elect Director Georgia R. Nelson          For       For        Management
1.4   Elect Director Erik H. van der Kaay       For       Withhold   Management
2     Ratify Auditors                           For       For        Management


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BARR PHARMACEUTICALS INC

Ticker:       BRL            Security ID:  068306109
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 30, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Bruce L. Downey            For       For        Management
1.2   Elect Director Paul M. Bisaro             For       For        Management
1.3   Elect Director George P. Stephan          For       For        Management
1.4   Elect Director Harold N. Chefitz          For       For        Management
1.5   Elect Director Richard R. Frankovic       For       For        Management
1.6   Elect Director Peter R. Seaver            For       For        Management
1.7   Elect Director James S. Gilmore, III      For       Withhold   Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Executive Incentive Bonus Plan    For       For        Management


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BEMIS COMPANY, INC.

Ticker:       BMS            Security ID:  081437105
Meeting Date: MAY 3, 2007    Meeting Type: Annual
Record Date:  MAR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Nancy P. McDonald          For       For        Management
1.2   Elect Director Jeffrey H. Curler          For       For        Management
1.3   Elect Director Roger D. O'Shaughnessy     For       For        Management
1.4   Elect Director David S. Haffner           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Pay Disparity                   Against   Against    Shareholder


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BIG LOTS INC.

Ticker:       BIG            Security ID:  089302103
Meeting Date: MAY 31, 2007   Meeting Type: Annual
Record Date:  APR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Jeffrey P. Berger          For       For        Management
1.2   Elect Director Sheldon M. Berman          For       For        Management
1.3   Elect Director Steven S. Fishman          For       For        Management
1.4   Elect Director David T. Kollat            For       For        Management
1.5   Elect Director Brenda J. Lauderback       For       For        Management
1.6   Elect Director Philip E. Mallott          For       For        Management
1.7   Elect Director Russell Solt               For       For        Management
1.8   Elect Director James R. Tener             For       For        Management
1.9   Elect Director Dennis B. Tishkoff         For       For        Management
2     Ratify Auditors                           For       For        Management


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BLACK & DECKER CORP., THE

Ticker:       BDK            Security ID:  091797100
Meeting Date: APR 19, 2007   Meeting Type: Annual
Record Date:  FEB 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Nolan D. Archibald         For       For        Management
1.2   Elect Director Norman R. Augustine        For       For        Management
1.3   Elect Director Barbara L. Bowles          For       For        Management
1.4   Elect Director George W. Buckley          For       For        Management
1.5   Elect Director M. Anthony Burns           For       For        Management
1.6   Elect Director Kim B. Clark               For       For        Management
1.7   Elect Director Manuel A. Fernandez        For       For        Management
1.8   Elect Director Benjamin H. Griswold, IV   For       For        Management
1.9   Elect Director Anthony Luiso              For       For        Management
1.10  Elect Director Robert L. Ryan             For       For        Management
1.11  Elect Director Mark H. Willes             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Pay For Superior Performance              Against   For        Shareholder


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BMC SOFTWARE, INC.

Ticker:       BMC            Security ID:  055921100
Meeting Date: AUG 22, 2006   Meeting Type: Annual
Record Date:  JUL 5, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director B. Garland Cupp            For       For        Management
1.2   Elect Director Robert E. Beauchamp        For       For        Management
1.3   Elect Director Jon E. Barfield            For       For        Management
1.4   Elect Director John W. Barter             For       For        Management
1.5   Elect Director Meldon K. Gafner           For       For        Management
1.6   Elect Director Lew W. Gray                For       For        Management
1.7   Elect Director P. Thomas Jenkins          For       For        Management
1.8   Elect Director Louis J. Lavigne, Jr.      For       For        Management
1.9   Elect Director Kathleen A. O'Neil         For       For        Management
1.10  Elect Director George F. Raymond          For       For        Management
1.11  Elect Director Tom C. Tinsley             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Qualified Employee Stock Purchase For       For        Management
      Plan


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BRUNSWICK CORP.

Ticker:       BC             Security ID:  117043109
Meeting Date: MAY 2, 2007    Meeting Type: Annual
Record Date:  MAR 1, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Nolan D. Archibald         For       Withhold   Management
1.2   Elect Director Jeffrey L. Bleustein       For       For        Management
1.3   Elect Director Graham H. Phillips         For       For        Management
1.4   Elect Director Lawrence A. Zimmerman      For       For        Management
2     Ratify Auditors                           For       For        Management


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CENTERPOINT ENERGY INC.

Ticker:       CNP            Security ID:  15189T107
Meeting Date: MAY 24, 2007   Meeting Type: Annual
Record Date:  MAR 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael E. Shannon         For       Withhold   Management
1.2   Elect Director Donald R. Campbell         For       Withhold   Management
1.3   Elect Director Milton Carroll             For       Withhold   Management
1.4   Elect Director Peter S. Wareing           For       Withhold   Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   For        Shareholder
4     Other Business                            None      Against    Management


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CENTURYTEL, INC.

Ticker:       CTL            Security ID:  156700106
Meeting Date: MAY 10, 2007   Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William R. Boles, Jr.      For       For        Management
1.2   Elect Director W. Bruce Hanks             For       For        Management
1.3   Elect Director C.G. Melville, Jr.         For       For        Management
1.4   Elect Director Glen F. Post, III          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Report of the Compensation        Against   Against    Shareholder
      Committee


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CIENA CORPORATION

Ticker:       CIEN           Security ID:  171779309
Meeting Date: MAR 14, 2007   Meeting Type: Annual
Record Date:  JAN 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lawton W. Fitt             For       For        Management
1.2   Elect Director Patrick H. Nettles         For       For        Management
1.3   Elect Director Michael J. Rowny           For       For        Management
2     Elect Director Bruce L. Claflin           For       For        Management
3     Ratify Auditors                           For       For        Management


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CIRCUIT CITY STORES, INC.

Ticker:       CC             Security ID:  172737108
Meeting Date: JUN 26, 2007   Meeting Type: Annual
Record Date:  APR 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Barbara S. Feigin          For       For        Management
1.2   Elect Director Allen B. King              For       For        Management
1.3   Elect Director Carolyn Y. Woo             For       For        Management
1.4   Elect Director James F. Hardymon          For       For        Management
2     Ratify Auditors                           For       For        Management


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CITIZENS COMMUNICATIONS CO.

Ticker:       CZN            Security ID:  17453B101
Meeting Date: MAY 18, 2007   Meeting Type: Annual
Record Date:  MAR 28, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Kathleen Q. Abernathy      For       For        Management
1.2   Elect Director Leroy T. Barnes, Jr.       For       For        Management
1.3   Elect Director Michael T. Dugan           For       For        Management
1.4   Elect Director Jeri Finard                For       For        Management
1.5   Elect Director Lawton Wehle Fitt          For       For        Management
1.6   Elect Director William M. Kraus           For       For        Management
1.7   Elect Director Howard L. Schrott          For       For        Management
1.8   Elect Director Larraine D. Segil          For       For        Management
1.9   Elect Director Bradley E. Singer          For       For        Management
1.10  Elect Director David H. Ward              For       For        Management
1.11  Elect Director Myron A. Wick, III         For       For        Management
1.12  Elect Director Mary Agnes Wilderotter     For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


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CMS ENERGY CORP.

Ticker:       CMS            Security ID:  125896100
Meeting Date: MAY 18, 2007   Meeting Type: Annual
Record Date:  MAR 30, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Merribel S. Ayres          For       For        Management
1.2   Elect Director Jon E. Barfield            For       For        Management
1.3   Elect Director Richard M. Gabrys          For       For        Management
1.4   Elect Director David W. Joos              For       For        Management
1.5   Elect Director Philip R. Lochner, Jr.     For       For        Management
1.6   Elect Director Michael T. Monahan         For       For        Management
1.7   Elect Director Joseph F. Paquette, Jr.    For       For        Management
1.8   Elect Director Percy A. Pierre            For       For        Management
1.9   Elect Director Kenneth L. Way             For       For        Management
1.10  Elect Director Kenneth Whipple            For       For        Management
1.11  Elect Director John B. Yasinsky           For       For        Management
2     Ratify Auditors                           For       For        Management


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COMPUWARE CORP.

Ticker:       CPWR           Security ID:  205638109
Meeting Date: AUG 22, 2006   Meeting Type: Annual
Record Date:  JUN 30, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dennis W. Archer           For       For        Management
1.2   Elect Director Gurminder S. Bedi          For       For        Management
1.3   Elect Director William O. Grabe           For       For        Management
1.4   Elect Director William R. Halling         For       For        Management
1.5   Elect Director Peter Karmanos, Jr.        For       For        Management
1.6   Elect Director Faye Alexander Nelson      For       For        Management
1.7   Elect Director Glenda D. Price            For       For        Management
1.8   Elect Director W. James Prowse            For       For        Management
1.9   Elect Director G. Scott Romney            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt Shareholder Rights Plan (Poison     For       For        Management
      Pill)


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CONVERGYS CORP.

Ticker:       CVG            Security ID:  212485106
Meeting Date: APR 17, 2007   Meeting Type: Annual
Record Date:  FEB 28, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Zoe Baird                  For       For        Management
1.2   Elect Director Philip A. Odeen            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Reincorporate in Another State [ Ohio to  Against   For        Shareholder
      Delaware ]


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DILLARDS, INC

Ticker:       DDS            Security ID:  254067101
Meeting Date: MAY 19, 2007   Meeting Type: Annual
Record Date:  MAR 30, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert C. Connor           For       For        Management
1.2   Elect Director Will D. Davis              For       For        Management
1.3   Elect Director John Paul Hammerschmidt    For       For        Management
1.4   Elect Director Peter R. Johnson           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Prepare Sustainability Report             Against   For        Shareholder


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DOLLAR GENERAL CORP.

Ticker:       DG             Security ID:  256669102
Meeting Date: JUN 21, 2007   Meeting Type: Special
Record Date:  MAY 18, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


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DOW JONES & CO., INC.

Ticker:       DJ             Security ID:  260561105
Meeting Date: APR 18, 2007   Meeting Type: Annual
Record Date:  FEB 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Jon E. Barfield            For       For        Management
1.2   Elect Director Lewis B. Campbell          For       For        Management
1.3   Elect Director Eduardo Castro-Wright      For       For        Management
1.4   Elect Director John M. Engler             For       For        Management
1.5   Elect Director Harvey Golub               For       For        Management
1.6   Elect Director Dieter von Holtzbrinck     For       For        Management
1.7   Elect Director Frank N. Newman            For       For        Management
1.8   Elect Director Christopher Bancroft       For       For        Management
1.9   Elect Director John F. Brock              For       For        Management
1.10  Elect Director Michael B. Elefante        For       For        Management
1.11  Elect Director Leslie Hill                For       For        Management
1.12  Elect Director M. Peter McPherson         For       For        Management
1.13  Elect Director David K.P. LI              For       Withhold   Management
1.14  Elect Director Paul Sagan                 For       For        Management
1.15  Elect Director Elizabeth Steele           For       For        Management
1.16  Elect Director Richard F. Zannino         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Separate Chairman and CEO Positions       Against   Against    Shareholder


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DYNEGY, INC.

Ticker:       DYN            Security ID:  26816Q101
Meeting Date: MAR 29, 2007   Meeting Type: Special
Record Date:  JAN 29, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


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E.W. SCRIPPS CO. (THE)

Ticker:       SSP            Security ID:  811054204
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  MAR 1, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David A. Galloway          For       For        Management
1.2   Elect Director Nicholas B. Paumgarten     For       For        Management
1.3   Elect Director Ronald W. Tysoe            For       For        Management
1.4   Elect Director Julie A. Wrigley           For       For        Management


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EASTMAN CHEMICAL CO.

Ticker:       EMN            Security ID:  277432100
Meeting Date: MAY 3, 2007    Meeting Type: Annual
Record Date:  MAR 15, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Renee J. Hornbaker         For       For        Management
2     Elect Director Thomas H. McLain           For       For        Management
3     Elect Director Peter M. Wood              For       For        Management
4     Ratify Auditors                           For       For        Management
5     Approve Omnibus Stock Plan                For       For        Management
6     Establish SERP Policy                     Against   For        Shareholder


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EQUIFAX INC.

Ticker:       EFX            Security ID:  294429105
Meeting Date: MAY 4, 2007    Meeting Type: Annual
Record Date:  MAR 6, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John L. Clendenin          For       For        Management
1.2   Elect Director A. William Dahlberg        For       For        Management
1.3   Elect Director Robert D. Daleo            For       For        Management
1.4   Elect Director L. Phillip Humann          For       For        Management
2     Ratify Auditors                           For       For        Management


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ESTEE LAUDER COMPANIES INC., THE

Ticker:       EL             Security ID:  518439104
Meeting Date: OCT 31, 2006   Meeting Type: Annual
Record Date:  SEP 15, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Rose Marie Bravo           For       For        Management
1.2   Elect Director Paul J. Fribourg           For       For        Management
1.3   Elect Director Mellody Hobson             For       For        Management
1.4   Elect Director Irvine O. Hockaday, Jr.    For       For        Management
1.5   Elect Director Barry S. Sternlicht        For       Withhold   Management
2     Ratify Auditors                           For       For        Management


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FAMILY DOLLAR STORES, INC.

Ticker:       FDO            Security ID:  307000109
Meeting Date: JUN 19, 2007   Meeting Type: Annual
Record Date:  APR 25, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Mark R. Bernstein          For       For        Management
1.2   Elect Director Sharon Allred Decker       For       For        Management
1.3   Elect Director Edward C. Dolby            For       For        Management
1.4   Elect Director Glenn A. Eisenberg         For       For        Management
1.5   Elect Director Howard R. Levine           For       For        Management
1.6   Elect Director George R. Mahoney, Jr.     For       For        Management
1.7   Elect Director James G. Martin            For       For        Management
1.8   Elect Director Dale C. Pond               For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

FIRST HORIZON NATIONAL CORP

Ticker:       FHN            Security ID:  320517105
Meeting Date: APR 17, 2007   Meeting Type: Annual
Record Date:  FEB 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert C. Blattberg        For       For        Management
1.2   Elect Director Michael D. Rose            For       For        Management
1.3   Elect Director Luke Yancy III             For       For        Management
1.4   Elect Director Gerald L. Baker            For       For        Management
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

GOODYEAR TIRE & RUBBER CO., THE

Ticker:       GT             Security ID:  382550101
Meeting Date: APR 10, 2007   Meeting Type: Annual
Record Date:  FEB 16, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James C. Boland            For       For        Management
1.2   Elect Director John G. Breen              For       For        Management
1.3   Elect Director William J. Hudson, Jr.     For       For        Management
1.4   Elect Director Robert J. Keegan           For       For        Management
1.5   Elect Director Steven A. Minter           For       For        Management
1.6   Elect Director Denise M. Morrison         For       For        Management
1.7   Elect Director Rodney O'Neal              For       For        Management
1.8   Elect Director Shirley D. Peterson        For       For        Management
1.9   Elect Director G. Craig Sullivan          For       For        Management
1.10  Elect Director Thomas H. Weidemeyer       For       For        Management
1.11  Elect Director Michael R. Wessel          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt Simple Majority Vote                Against   For        Shareholder
4     Pay for Superior Performance              Against   For        Shareholder
5     Establish Supplemental Executive          Against   For        Shareholder
      Retirement Plan Policy


- --------------------------------------------------------------------------------

HASBRO, INC.

Ticker:       HAS            Security ID:  418056107
Meeting Date: MAY 24, 2007   Meeting Type: Annual
Record Date:  APR 6, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Basil L. Anderson          For       For        Management
1.2   Elect Director Alan R. Batkin             For       For        Management
1.3   Elect Director Frank J. Biondi, Jr.       For       For        Management
1.4   Elect Director John M. Connors, Jr.       For       For        Management
1.5   Elect Director Michael W.O. Garrett       For       For        Management
1.6   Elect Director E. Gordon Gee              For       For        Management
1.7   Elect Director Jack M. Greenberg          For       For        Management
1.8   Elect Director Alan G. Hassenfeld         For       For        Management
1.9   Elect Director Claudine B. Malone         For       For        Management
1.10  Elect Director Edward M. Philip           For       For        Management
1.11  Elect Director Paula Stern                For       For        Management
1.12  Elect Director Alfred J. Verrecchia       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Prepare Sustainability Report             Against   For        Shareholder


- --------------------------------------------------------------------------------

HEALTH MANAGEMENT ASSOCIATES, INC.

Ticker:       HMA            Security ID:  421933102
Meeting Date: MAY 15, 2007   Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William J. Schoen          For       For        Management
1.2   Elect Director Joseph V. Vumbacco         For       For        Management
1.3   Elect Director Kent P. Dauten             For       For        Management
1.4   Elect Director Donald E. Kiernan          For       For        Management
1.5   Elect Director Robert A. Knox             For       For        Management
1.6   Elect Director William E. Mayberry        For       For        Management
1.7   Elect Director Vicki A. O'Meara           For       For        Management
1.8   Elect Director William C. Steere, Jr.     For       For        Management
1.9   Elect Director Randolph W. Westerfield    For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

HERCULES INC.

Ticker:       HPC            Security ID:  427056106
Meeting Date: APR 19, 2007   Meeting Type: Annual
Record Date:  MAR 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John C. Hunter, III        For       For        Management
1.2   Elect Director Robert D. Kennedy          For       For        Management
1.3   Elect Director Craig A. Rogerson          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management


- --------------------------------------------------------------------------------

HOSPIRA, INC.

Ticker:       HSP            Security ID:  441060100
Meeting Date: MAY 15, 2007   Meeting Type: Annual
Record Date:  MAR 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Connie R. Curran           For       For        Management
1.2   Elect Director Mark F. Wheeler, M.D.      For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

IMS HEALTH INC.

Ticker:       RX             Security ID:  449934108
Meeting Date: MAY 4, 2007    Meeting Type: Annual
Record Date:  MAR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James D. Edwards           For       For        Management
1.2   Elect Director William C. Van Faasen      For       For        Management
1.3   Elect Director Bret W. Wise               For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   For        Shareholder


- --------------------------------------------------------------------------------

INTEGRYS ENERGY GROUP INC

Ticker:       TEG            Security ID:  45822P105
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 22, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Pastora San Juan Cafferty  For       For        Management
1.2   Elect Director Ellen Carnahan             For       For        Management
1.3   Elect Director Michael E. Lavin           For       For        Management
1.4   Elect Director William F. Protz, Jr.      For       For        Management
1.5   Elect Director Larry L. Weyers            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Deferred Compensation Plan          For       For        Management
4     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

INTERNATIONAL FLAVORS & FRAGRANCES INC.

Ticker:       IFF            Security ID:  459506101
Meeting Date: MAY 8, 2007    Meeting Type: Annual
Record Date:  MAR 15, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Margaret Hayes Adame       For       For        Management
1.2   Elect Director Robert M. Amen             For       For        Management
1.3   Elect Director G?nter Blobel           For       For        Management
1.4   Elect Director J. Michael Cook            For       For        Management
1.5   Elect Director Peter A. Georgescu         For       For        Management
1.6   Elect Director Alexandra A. Herzan        For       For        Management
1.7   Elect Director Henry W. Howell, Jr.       For       For        Management
1.8   Elect Director Arthur C. Martinez         For       For        Management
1.9   Elect Director Burton M. Tansky           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


- --------------------------------------------------------------------------------

INTERPUBLIC GROUP OF COMPANIES, INC., THE

Ticker:       IPG            Security ID:  460690100
Meeting Date: MAY 24, 2007   Meeting Type: Annual
Record Date:  APR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Frank J. Borelli           For       For        Management
1.2   Elect Director Reginald K. Brack          For       For        Management
1.3   Elect Director Jill M. Considine          For       For        Management
1.4   Elect Director Richard A. Goldstein       For       For        Management
1.5   Elect Director H. John Greeniaus          For       For        Management
1.6   Elect Director William T. Kerr            For       For        Management
1.7   Elect Director Michael I. Roth            For       For        Management
1.8   Elect Director J. Phillip Samper          For       For        Management
1.9   Elect Director David M. Thomas            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Separate Chairman and CEO Positions       Against   Against    Shareholder
4     Amend Articles/Bylaws/Charter -- Call     Against   For        Shareholder
      Special Meetings


- --------------------------------------------------------------------------------

JANUS CAPITAL GROUP INC.

Ticker:       JNS            Security ID:  47102X105
Meeting Date: MAY 1, 2007    Meeting Type: Annual
Record Date:  MAR 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director G. Andrew Cox              For       For        Management
2     Elect Director Deborah R. Gatzek          For       For        Management
3     Elect Director Robert T. Parry            For       For        Management
4     Elect Director Jock Patton                For       For        Management
5     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

JDS UNIPHASE CORP.

Ticker:       JDSU           Security ID:  46612J101
Meeting Date: NOV 14, 2006   Meeting Type: Annual
Record Date:  SEP 22, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard E. Belluzzo        For       For        Management
1.2   Elect Director Harold L. Covert           For       For        Management
1.3   Elect Director Masood Jabbar              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

JONES APPAREL GROUP, INC.

Ticker:       JNY            Security ID:  480074103
Meeting Date: JUN 14, 2007   Meeting Type: Annual
Record Date:  APR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Peter Boneparth            For       For        Management
1.2   Elect Director Sidney Kimmel              For       For        Management
1.3   Elect Director Howard Gittis              For       Withhold   Management
1.4   Elect Director Matthew H. Kamens          For       For        Management
1.5   Elect Director J. Robert Kerrey           For       For        Management
1.6   Elect Director Ann N. Reese               For       For        Management
1.7   Elect Director Gerald C. Crotty           For       For        Management
1.8   Elect Director Lowell W. Robinson         For       For        Management
1.9   Elect Director Frits D. van Paasschen     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Company Specific--Adopt majority vote     For       For        Management
      standard for election of directors
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Advisory Vote to Ratify Named Executive   Against   For        Shareholder
      Officers' Compensation


- --------------------------------------------------------------------------------

KB HOME

Ticker:       KBH            Security ID:  48666K109
Meeting Date: APR 5, 2007    Meeting Type: Annual
Record Date:  FEB 14, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ronald W. Burkle           For       For        Management
1.2   Elect Director Leslie Moonves             For       For        Management
1.3   Elect Director Luis G. Nogales            For       For        Management
1.4   Elect Director Ray R. Irani               For       For        Management
2     Declassify the Board of Directors         For       For        Management
3     Reduce Supermajority Vote Requirement     For       For        Management
4     Ratify Auditors                           For       For        Management
5     Stock Retention/Holding Period            Against   Against    Shareholder
6     Performance-Based and/or Time-Based       Against   For        Shareholder
      Equity Awards
7     Eliminate or Restrict Severance           Against   For        Shareholder
      Agreements (Change-in-Control)


- --------------------------------------------------------------------------------

KING PHARMACEUTICALS INC.

Ticker:       KG             Security ID:  495582108
Meeting Date: MAY 16, 2007   Meeting Type: Annual
Record Date:  MAR 30, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Philip A. Incarnati        For       For        Management
1.2   Elect Director Gregory D. Jordan          For       Withhold   Management
1.3   Elect Director Brian A. Markison          For       For        Management
2     Declassify the Board of Directors         For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

LEGGETT & PLATT, INC.

Ticker:       LEG            Security ID:  524660107
Meeting Date: MAY 9, 2007    Meeting Type: Annual
Record Date:  MAR 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Raymond F. Bentele         For       For        Management
1.2   Elect Director Ralph W. Clark             For       For        Management
1.3   Elect Director Harry M. Cornell, Jr.      For       For        Management
1.4   Elect Director Robert Ted Enloe, III      For       For        Management
1.5   Elect Director Richard T. Fisher          For       For        Management
1.6   Elect Director Karl G. Glassman           For       For        Management
1.7   Elect Director David S. Haffner           For       For        Management
1.8   Elect Director Joseph W. McClanathan      For       For        Management
1.9   Elect Director Judy C. Odom               For       For        Management
1.10  Elect Director Maurice E. Purnell, Jr.    For       For        Management
1.11  Elect Director Phoebe A. Wood             For       For        Management
1.12  Elect Director Felix E. Wright            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend EEO Statement to Prohibit           Against   For        Shareholder
      Discrimination based on Sexual
      Orientation


- --------------------------------------------------------------------------------

LIZ CLAIBORNE, INC.

Ticker:       LIZ            Security ID:  539320101
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Raul J. Fernandez          For       For        Management
1.2   Elect Director Kenneth P. Kopelman        For       For        Management
1.3   Elect Director Arthur C. Martinez         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   For        Shareholder
      of Directors


- --------------------------------------------------------------------------------

LSI LOGIC CORP.

Ticker:       LSI            Security ID:  502161102
Meeting Date: MAR 29, 2007   Meeting Type: Special
Record Date:  FEB 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition


- --------------------------------------------------------------------------------

LSI LOGIC CORP.

Ticker:       LSI            Security ID:  502161102
Meeting Date: MAY 10, 2007   Meeting Type: Annual
Record Date:  MAR 13, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Charles A. Haggerty        For       For        Management
1.2   Elect Director Richard S. Hill            For       For        Management
1.3   Elect Director James H. Keyes             For       For        Management
1.4   Elect Director Michael J. Mancuso         For       For        Management
1.5   Elect Director John H.F. Miner            For       For        Management
1.6   Elect Director Arun Netravali             For       For        Management
1.7   Elect Director Matthew J. O'Rourke        For       For        Management
1.8   Elect Director Gregorio Reyes             For       For        Management
1.9   Elect Director Abhijit Y. Talwalkar       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   For        Shareholder
      of Directors


- --------------------------------------------------------------------------------

MANOR CARE, INC.

Ticker:       HCR            Security ID:  564055101
Meeting Date: MAY 8, 2007    Meeting Type: Annual
Record Date:  MAR 16, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Mary Taylor Behrens        For       For        Management
2     Elect Director Joseph F. Damico           For       For        Management
3     Elect Director Stephen L. Guillard        For       For        Management
4     Elect Director William H. Longfield       For       For        Management
5     Elect Director Paul A. Ormond             For       For        Management
6     Elect Director John T. Schwieters         For       For        Management
7     Elect Director Richard C. Tuttle          For       For        Management
8     Elect Director Gail R. Wilensky, Ph.D     For       For        Management
9     Elect Director Thomas L. Young            For       For        Management


- --------------------------------------------------------------------------------

MEADWESTVACO CORP.

Ticker:       MWV            Security ID:  583334107
Meeting Date: APR 30, 2007   Meeting Type: Annual
Record Date:  MAR 1, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James M. Kilts             For       For        Management
1.2   Elect Director Douglas S. Luke            For       For        Management
1.3   Elect Director Robert C. McCormack        For       For        Management
1.4   Elect Director Edward M. Straw            For       For        Management
1.5   Elect Director Jane L. Warner             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   For        Shareholder
      of Directors
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


- --------------------------------------------------------------------------------

MEREDITH CORP.

Ticker:       MDP            Security ID:  589433101
Meeting Date: NOV 8, 2006    Meeting Type: Annual
Record Date:  SEP 8, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Herbert M. Baum            For       For        Management
1.2   Elect Director James R. Craigie           For       For        Management
1.3   Elect Director Frederick B. Henry         For       For        Management
1.4   Elect Director William T. Kerr            For       For        Management


- --------------------------------------------------------------------------------

MGIC INVESTMENT CORP.

Ticker:       MTG            Security ID:  552848103
Meeting Date: MAY 10, 2007   Meeting Type: Annual
Record Date:  MAR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2.1   Elect Director James A. Abbott            For       For        Management
2.2   Elect Director Thomas M. Hagerty          For       For        Management
2.3   Elect Director Michael E. Lehman          For       For        Management
3     Ratify Auditors                           For       For        Management
4     Adjourn Meeting                           For       For        Management


- --------------------------------------------------------------------------------

MILLIPORE CORP.

Ticker:       MIL            Security ID:  601073109
Meeting Date: MAY 4, 2007    Meeting Type: Annual
Record Date:  MAR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Daniel Bellus              For       For        Management
1.2   Elect Director Robert C. Bishop, Ph.D.    For       For        Management
1.3   Elect Director Edward M. Scolnick, M.D.   For       For        Management


- --------------------------------------------------------------------------------

MOLEX INCORPORATED

Ticker:       MOLX           Security ID:  608554101
Meeting Date: OCT 27, 2006   Meeting Type: Annual
Record Date:  AUG 29, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michelle L. Collins        For       For        Management
1.2   Elect Director David L. Landsittel        For       For        Management
1.3   Elect Director Joe W. Laymon              For       For        Management
1.4   Elect Director Fred L. Krehbiel           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

MOLSON COORS BREWING CO

Ticker:       TAP            Security ID:  60871R209
Meeting Date: MAY 16, 2007   Meeting Type: Annual
Record Date:  MAR 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John E. Cleghorn           For       For        Management
1.2   Elect Director Charles M. Herington       For       For        Management
1.3   Elect Director David P. O'Brien           For       For        Management


- --------------------------------------------------------------------------------

MYLAN LABORATORIES INC.

Ticker:       MYL            Security ID:  628530107
Meeting Date: JUL 28, 2006   Meeting Type: Annual
Record Date:  JUN 5, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Milan Puskar               For       For        Management
1.2   Elect Director Robert J. Coury            For       For        Management
1.3   Elect Director Wendy Cameron              For       For        Management
1.4   Elect Director Neil Dimick, CPA           For       For        Management
1.5   Elect Director Douglas J. Leech, CPA      For       For        Management
1.6   Elect Director Joseph C. Maroon, Md       For       For        Management
1.7   Elect Director Rodney L. Piatt, CPA       For       For        Management
1.8   Elect Director C.B. Todd                  For       For        Management
1.9   Elect Director Rl Vanderveen, Ph.D, Rph   For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

NEW YORK TIMES CO., THE

Ticker:       NYT            Security ID:  650111107
Meeting Date: APR 24, 2007   Meeting Type: Annual
Record Date:  FEB 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Raul E. Cesan              For       Withhold   Management
1.2   Elect Director William E. Kennard         For       Withhold   Management
1.3   Elect Director James M. Kilts             For       Withhold   Management
1.4   Elect Director Doreen A. Toben            For       Withhold   Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

NICOR INC.

Ticker:       GAS            Security ID:  654086107
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  FEB 27, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert M. Beavers, Jr.     For       For        Management
1.2   Elect Director Bruce P. Bickner           For       For        Management
1.3   Elect Director John H. Birdsall, III      For       For        Management
1.4   Elect Director N.R. Bobins                For       For        Management
1.5   Elect Director Thomas A. Donahoe          For       For        Management
1.6   Elect Director Brenda J. Gaines           For       For        Management
1.7   Elect Director Raymond A. Jean            For       For        Management
1.8   Elect Director Dennis J. Keller           For       For        Management
1.9   Elect Director R. Eden Martin             For       For        Management
1.10  Elect Director Georgia R. Nelson          For       For        Management
1.11  Elect Director John Rau                   For       For        Management
1.12  Elect Director John F. Riordan            For       For        Management
1.13  Elect Director Russ M. Strobel            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Reduce Supermajority Vote Requirement     Against   For        Shareholder


- --------------------------------------------------------------------------------

NOVELLUS SYSTEMS, INC.

Ticker:       NVLS           Security ID:  670008101
Meeting Date: MAY 11, 2007   Meeting Type: Annual
Record Date:  MAR 30, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard S. Hill            For       For        Management
1.2   Elect Director Neil R. Bonke              For       For        Management
1.3   Elect Director Youssef A. El-Mansy        For       For        Management
1.4   Elect Director J. David Litster           For       For        Management
1.5   Elect Director Yoshio Nishi               For       For        Management
1.6   Elect Director Glen G. Possley            For       For        Management
1.7   Elect Director Ann D. Rhoads              For       For        Management
1.8   Elect Director William R. Spivey          For       For        Management
1.9   Elect Director Delbert A. Whitaker        For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

OFFICEMAX INCORPORATED

Ticker:       OMX            Security ID:  67622P101
Meeting Date: APR 25, 2007   Meeting Type: Annual
Record Date:  MAR 7, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dorrit J. Bern             For       For        Management
1.2   Elect Director Warren F. Bryant           For       For        Management
1.3   Elect Director Brian C. Cornell           For       For        Management
1.4   Elect Director Joseph M. DePinto          For       For        Management
1.5   Elect Director Sam K. Duncan              For       For        Management
1.6   Elect Director Rakesh Gangwal             For       For        Management
1.7   Elect Director Gary G. Michael            For       For        Management
1.8   Elect Director Francesca Ruiz de          For       For        Management
      Luzuriaga
1.9   Elect Director David M. Szymanski         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Reduce Supermajority Vote Requirement     For       For        Management
4     Establish an Engagement Process with      Against   For        Shareholder
      Proponents of a Shareholder Proposal


- --------------------------------------------------------------------------------

PACTIV CORP.

Ticker:       PTV            Security ID:  695257105
Meeting Date: MAY 18, 2007   Meeting Type: Annual
Record Date:  MAR 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Larry Brady                For       For        Management
2     Elect Director K. Dane Brooksher          For       For        Management
3     Elect Director Robert J. Darnall          For       For        Management
4     Elect Director Mary R. (Nina) Henderson   For       For        Management
5     Elect Director N. Thomas Linebarger       For       For        Management
6     Elect Director Roger B. Porter            For       For        Management
7     Elect Director Richard L. Wambold         For       For        Management
8     Elect Director Norman H. Wesley           For       Against    Management
9     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

PALL CORP.

Ticker:       PLL            Security ID:  696429307
Meeting Date: NOV 15, 2006   Meeting Type: Annual
Record Date:  SEP 26, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Daniel J. Carroll, Jr.     For       For        Management
1.2   Elect Director Eric Krasnoff              For       For        Management
1.3   Elect Director Dennis N. Longstreet       For       For        Management
1.4   Elect Director Edward L. Snyder           For       For        Management
1.5   Elect Director James D. Watson            For       For        Management
2     Declassify the Board of Directors         For       For        Shareholder
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

PARAMETRIC TECHNOLOGY CORP.

Ticker:       PMTC           Security ID:  699173209
Meeting Date: MAR 7, 2007    Meeting Type: Annual
Record Date:  JAN 8, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Noel G. Posternak          For       For        Management
1.2   Elect Director Michael E. Porter          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

PATTERSON  COS INC.

Ticker:       PDCO           Security ID:  703395103
Meeting Date: SEP 18, 2006   Meeting Type: Annual
Record Date:  JUL 21, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ellen A. Rudnick           For       For        Management
1.2   Elect Director Harold C. Slavkin          For       For        Management
1.3   Elect Director James W. Wiltz             For       For        Management
1.4   Elect Director Charles Reich              For       For        Management
2     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

PEOPLES ENERGY CORP.

Ticker:       PGL            Security ID:  711030106
Meeting Date: DEC 6, 2006    Meeting Type: Special
Record Date:  OCT 16, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


- --------------------------------------------------------------------------------

PEPSI BOTTLING GROUP, INC., THE

Ticker:       PBG            Security ID:  713409100
Meeting Date: MAY 23, 2007   Meeting Type: Annual
Record Date:  MAR 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Linda G. Alvarado          For       For        Management
2     Elect Director Barry H. Beracha           For       For        Management
3     Elect Director Eric J. Foss               For       For        Management
4     Elect Director Ira D. Hall                For       For        Management
5     Elect Director Hugh F. Johnston           For       For        Management
6     Elect Director Susan D. Kronick           For       For        Management
7     Elect Director Blythe J. McGarvie         For       For        Management
8     Elect Director Margaret D. Moore          For       For        Management
9     Elect Director John A. Quelch             For       For        Management
10    Elect Director Javier G. Teruel           For       For        Management
11    Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

PERKINELMER, INC.

Ticker:       PKI            Security ID:  714046109
Meeting Date: APR 24, 2007   Meeting Type: Annual
Record Date:  FEB 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert F. Friel            For       For        Management
1.2   Elect Director Nicholas A. Lopardo        For       For        Management
1.3   Elect Director Alexis P. Michas           For       For        Management
1.4   Elect Director James C. Mullen            For       For        Management
1.5   Elect Director Vicki L. Sato              For       For        Management
1.6   Elect Director Gabriel Schmergel          For       For        Management
1.7   Elect Director Kenton J. Sicchitano       For       For        Management
1.8   Elect Director Gregory L. Summe           For       For        Management
1.9   Elect Director G. Robert Tod              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Articles/Bylaws to Require Majority For       For        Management
      Vote For Uncontested Election of
      Directors
4     Pay For Superior Performance              Against   For        Shareholder


- --------------------------------------------------------------------------------

PINNACLE WEST CAPITAL CORP.

Ticker:       PNW            Security ID:  723484101
Meeting Date: MAY 23, 2007   Meeting Type: Annual
Record Date:  MAR 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Declassify the Board of Directors         For       For        Management
2.1   Elect Director Roy A. Herberger, Jr.      For       For        Management
2.2   Elect Director Humberto S. Lopez          For       For        Management
2.3   Elect Director Kathryn L. Munro           For       For        Management
2.4   Elect Director William L. Stewart         For       For        Management
2.5   Elect Director Edward N. Basha, Jr.       For       For        Management
2.6   Elect Director Jack E. Davis              For       For        Management
2.7   Elect Director Michael L. Gallagher       For       For        Management
2.8   Elect Director Pamela Grant               For       For        Management
2.9   Elect Director William S. Jamieson, Jr.   For       For        Management
2.10  Elect Director Bruce J. Nordstrom         For       For        Management
2.11  Elect Director William J. Post            For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

PMC-SIERRA, INC.

Ticker:       PMCS           Security ID:  69344F106
Meeting Date: MAY 8, 2007    Meeting Type: Annual
Record Date:  MAR 15, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert L. Bailey           For       For        Management
1.2   Elect Director Richard E. Belluzzo        For       For        Management
1.3   Elect Director James V. Diller, Sr.       For       For        Management
1.4   Elect Director Michael R. Farese          For       For        Management
1.5   Elect Director Jonathan J. Judge          For       For        Management
1.6   Elect Director William H. Kurtz           For       For        Management
1.7   Elect Director Frank J. Marshall          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

QLOGIC CORP.

Ticker:       QLGC           Security ID:  747277101
Meeting Date: AUG 24, 2006   Meeting Type: Annual
Record Date:  JUL 7, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director H.K. Desai                 For       For        Management
1.2   Elect Director Joel S. Birnbaum           For       For        Management
1.3   Elect Director Larry R. Carter            For       For        Management
1.4   Elect Director James R. Fiebiger          For       For        Management
1.5   Elect Director Balakrishnan S. Iyer       For       For        Management
1.6   Elect Director Carol L. Miltner           For       For        Management
1.7   Elect Director George D. Wells            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

RADIOSHACK CORP.

Ticker:       RSH            Security ID:  750438103
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Frank J. Belatti           For       For        Management
1.2   Elect Director Julian C. Day              For       For        Management
1.3   Elect Director Robert S. Falcone          For       For        Management
1.4   Elect Director Daniel R. Feehan           For       For        Management
1.5   Elect Director Richard J. Hernandez       For       For        Management
1.6   Elect Director H. Eugene Lockhart         For       For        Management
1.7   Elect Director Jack L. Messman            For       For        Management
1.8   Elect Director William G. Morton, Jr.     For       For        Management
1.9   Elect Director Thomas G. Plaskett         For       For        Management
1.10  Elect Director Edwina D. Woodbury         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Restricted Stock Plan             For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management
5     Amend Articles/Bylaws/Charter -- Call     Against   For        Shareholder
      Special Meetings


- --------------------------------------------------------------------------------

ROWAN COMPANIES, INC.

Ticker:       RDC            Security ID:  779382100
Meeting Date: MAY 8, 2007    Meeting Type: Annual
Record Date:  MAR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William T. Fox, III        For       For        Management
1.2   Elect Director Sir Graham Hearne          For       For        Management
1.3   Elect Director Henry E. Lentz             For       For        Management
1.4   Elect Director P. Dexter Peacock          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

RYDER SYSTEM, INC.

Ticker:       R              Security ID:  783549108
Meeting Date: MAY 4, 2007    Meeting Type: Annual
Record Date:  MAR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Luis P. Nieto, Jr          For       For        Management
1.2   Elect Director David I. Fuente            For       For        Management
1.3   Elect Director Eugene A. Renna            For       For        Management
1.4   Elect Director Abbie J. Smith             For       For        Management
1.5   Elect Director Christine A. Varney        For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

SABRE HOLDINGS CORPORATION

Ticker:       TSG            Security ID:  785905100
Meeting Date: MAR 29, 2007   Meeting Type: Special
Record Date:  FEB 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


- --------------------------------------------------------------------------------

SANMINA-SCI CORP.

Ticker:       SANM           Security ID:  800907107
Meeting Date: FEB 26, 2007   Meeting Type: Annual
Record Date:  JAN 16, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Neil R. Bonke              For       For        Management
2     Elect Director Alain Couder               For       For        Management
3     Elect Director Mario M. Rosati            For       For        Management
4     Elect Director A. Eugene Sapp, Jr.        For       For        Management
5     Elect Director Wayne Shortidge            For       For        Management
6     Elect Director Peter J. Simone            For       For        Management
7     Elect Director Jure Sola                  For       For        Management
8     Elect Director Jacquelyn M. Ward          For       For        Management
9     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

SEALED AIR CORPORATION

Ticker:       SEE            Security ID:  81211K100
Meeting Date: MAY 18, 2007   Meeting Type: Annual
Record Date:  MAR 27, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Hank Brown                 For       For        Management
2     Elect Director Michael Chu                For       For        Management
3     Elect Director Lawrence R. Codey          For       For        Management
4     Elect Director T. J. Dermot Dunphy        For       For        Management
5     Elect Director Charles F. Farrell, Jr.    For       For        Management
6     Elect Director William V. Hickey          For       For        Management
7     Elect Director Jacqueline B. Kosecoff     For       For        Management
8     Elect Director Kenneth P. Manning         For       For        Management
9     Elect Director William J. Marino          For       For        Management
10    Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

SIGMA-ALDRICH CORP.

Ticker:       SIAL           Security ID:  826552101
Meeting Date: MAY 1, 2007    Meeting Type: Annual
Record Date:  MAR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Nina V. Fedoroff           For       For        Management
1.2   Elect Director David R. Harvey            For       For        Management
1.3   Elect Director W. Lee McCollum            For       For        Management
1.4   Elect Director Jai P. Nagarkatti          For       For        Management
1.5   Elect Director Avi M. Nash                For       For        Management
1.6   Elect Director William C. O'Neil, Jr.     For       For        Management
1.7   Elect Director Steven M. Paul             For       For        Management
1.8   Elect Director J. Pedro Reinhard          For       For        Management
1.9   Elect Director Timothy R.G. Sear          For       For        Management
1.10  Elect Director D. Dean Spatz              For       For        Management
1.11  Elect Director Barrett A. Toan            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

SNAP-ON INCORPORATED

Ticker:       SNA            Security ID:  833034101
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  FEB 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John F. Fiedler            For       For        Management
1.2   Elect Director W. Dudley Lehman           For       For        Management
1.3   Elect Director Edward H. Rensi            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

SOLECTRON CORP.

Ticker:       SLR            Security ID:  834182107
Meeting Date: JAN 10, 2007   Meeting Type: Annual
Record Date:  NOV 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William A. Hasler         For       Withhold   Management
1.2   Elect  Director Michael R. Cannon         For       For        Management
1.3   Elect  Director Richard A. D'Amore        For       Withhold   Management
1.4   Elect  Director H. Paulett Eberhart       For       For        Management
1.5   Elect  Director Heinz Fridrich            For       For        Management
1.6   Elect  Director William R. Graber         For       For        Management
1.7   Elect  Director Paul R. Low               For       Withhold   Management
1.8   Elect  Director C. Wesley M. Scott        For       For        Management
1.9   Elect  Director Cyril Yansouni            For       Withhold   Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

STANLEY WORKS, THE

Ticker:       SWK            Security ID:  854616109
Meeting Date: APR 25, 2007   Meeting Type: Annual
Record Date:  FEB 28, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John G. Breen              For       Withhold   Management
1.2   Elect Director Virgis W. Colbert          For       Withhold   Management
1.3   Elect Director John F. Lundgren           For       Withhold   Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   For        Shareholder


- --------------------------------------------------------------------------------

SYMBOL TECHNOLOGIES, INC.

Ticker:       SBL            Security ID:  871508107
Meeting Date: JAN 9, 2007    Meeting Type: Special
Record Date:  DEC 5, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


- --------------------------------------------------------------------------------

TECO ENERGY, INC.

Ticker:       TE             Security ID:  872375100
Meeting Date: MAY 2, 2007    Meeting Type: Annual
Record Date:  FEB 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph P. Lacher           For       For        Management
1.2   Elect Director Tom L. Rankin              For       For        Management
1.3   Elect Director William D. Rockford        For       For        Management
1.4   Elect Director J. Thomas Touchton         For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

TEKTRONIX, INC.

Ticker:       TEK            Security ID:  879131100
Meeting Date: SEP 21, 2006   Meeting Type: Annual
Record Date:  JUL 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Pauline Lo Alker           For       For        Management
1.2   Elect Director A. Gary Ames               For       For        Management
1.3   Elect Director Gerry B. Cameron           For       For        Management
1.4   Elect Director David N. Campbell          For       For        Management
1.5   Elect Director Frank C. Gill              For       For        Management
1.6   Elect Director Robin L. Washington        For       For        Management
1.7   Elect Director Richard H. Wills           For       For        Management
1.8   Elect Director Cyril J. Yansouni          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

TELLABS, INC.

Ticker:       TLAB           Security ID:  879664100
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  FEB 28, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael J. Birck           For       For        Management
1.2   Elect Director Fred A. Krehbiel           For       For        Management
1.3   Elect Director Krish A. Prabhu            For       For        Management
1.4   Elect Director Linda Beck                 For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

TEMPLE-INLAND INC.

Ticker:       TIN            Security ID:  879868107
Meeting Date: MAY 4, 2007    Meeting Type: Annual
Record Date:  MAR 27, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Donald M. Carlton          For       For        Management
1.2   Elect Director E. Linn Draper, Jr.        For       For        Management
1.3   Elect Director Kenneth M. Jastrow, II     For       For        Management
1.4   Elect Director James A. Johnson           For       For        Management
2     Company Specific-- Majority Vote for the  For       For        Management
      Election of Director
3     Reduce Supermajority Vote Requirement     For       For        Management
4     Authorize Board to Fill Vacancies         For       For        Management
5     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

TENET HEALTHCARE CORP.

Ticker:       THC            Security ID:  88033G100
Meeting Date: MAY 10, 2007   Meeting Type: Annual
Record Date:  MAR 15, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Trevor Fetter              For       For        Management
1.2   Elect Director John Ellis (Jeb) Bush      For       For        Management
1.3   Elect Director Brenda J. Gaines           For       Withhold   Management
1.4   Elect Director Karen M. Garrison          For       For        Management
1.5   Elect Director Edward A. Kangas           For       Withhold   Management
1.6   Elect Director J. Robert Kerrey           For       For        Management
1.7   Elect Director Floyd D. Loop, M.D.        For       For        Management
1.8   Elect Director Richard R. Pettingill      For       Withhold   Management
1.9   Elect Director James A. Unruh             For       For        Management
1.10  Elect Director J. McDonald Williams       For       Withhold   Management
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

TERADYNE, INC.

Ticker:       TER            Security ID:  880770102
Meeting Date: MAY 24, 2007   Meeting Type: Annual
Record Date:  APR 4, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Edwin J. Gillis            For       For        Management
1.2   Elect Director Paul J. Tufano             For       For        Management
1.3   Elect Director Patricia S. Wolpert        For       For        Management
2     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
3     Company Specific--Provide for Majority    For       For        Management
      Voting for Uncontested Election of
      Directors
4     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

THERMO ELECTRON CORP.

Ticker:       TMO            Security ID:  883556102
Meeting Date: AUG 30, 2006   Meeting Type: Special
Record Date:  JUL 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition
2     Amend Articles/Increase Authorized Common For       For        Management
      Stock and Change Company Name


- --------------------------------------------------------------------------------

TIFFANY & CO.

Ticker:       TIF            Security ID:  886547108
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Michael J. Kowalski        For       For        Management
2     Elect Director Rose Marie Bravo           For       For        Management
3     Elect Director William R. Chaney          For       For        Management
4     Elect Director Gary E. Costley            For       For        Management
5     Elect Director Abby F. Kohnstamm          For       For        Management
6     Elect Director Charles K. Marquis         For       For        Management
7     Elect Director J. Thomas Presby           For       For        Management
8     Elect Director James E. Quinn             For       For        Management
9     Elect Director William A. Shutzer         For       For        Management
10    Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

TYSON FOODS, INC.

Ticker:       TSN            Security ID:  902494103
Meeting Date: FEB 2, 2007    Meeting Type: Annual
Record Date:  DEC 11, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Don Tyson                  For       Withhold   Management
1.2   Elect Director John Tyson                 For       Withhold   Management
1.3   Elect Director Richard L. Bond            For       Withhold   Management
1.4   Elect Director Scott T. Ford              For       For        Management
1.5   Elect Director Lloyd V. Hackley           For       For        Management
1.6   Elect Director Jim Kever                  For       For        Management
1.7   Elect Director Jo Ann R. Smith            For       For        Management
1.8   Elect Director Leland E. Tollett          For       Withhold   Management
1.9   Elect Director Barbara A. Tyson           For       Withhold   Management
1.10  Elect Director Albert C. Zapanta          For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management
4     Report on Progress towards Researching    Against   Against    Shareholder
      and Implementing CAK Processing Methods


- --------------------------------------------------------------------------------

UNISYS CORP.

Ticker:       UIS            Security ID:  909214108
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  FEB 28, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Henry C. Duques            For       For        Management
1.2   Elect Director Clayton M. Jones           For       For        Management
1.3   Elect Director Theodore E. Martin         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Report on Political Contributions         Against   For        Shareholder
5     Prepare Sustainability Report             Against   Against    Shareholder


- --------------------------------------------------------------------------------

W.W. GRAINGER, INC.

Ticker:       GWW            Security ID:  384802104
Meeting Date: APR 25, 2007   Meeting Type: Annual
Record Date:  MAR 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Brian P. Anderson          For       For        Management
1.2   Elect Director Wilbur H. Gantz            For       For        Management
1.3   Elect Director V. Ann Hailey              For       For        Management
1.4   Elect Director William K. Hall            For       For        Management
1.5   Elect Director Richard L. Keyser          For       For        Management
1.6   Elect Director Stuart L. Levenick         For       For        Management
1.7   Elect Director John W. Mccarter, Jr.      For       For        Management
1.8   Elect Director Neil S. Novich             For       For        Management
1.9   Elect Director Michael J. Roberts         For       For        Management
1.10  Elect Director Gary L. Rogers             For       For        Management
1.11  Elect Director James T. Ryan              For       For        Management
1.12  Elect Director James D. Slavik            For       For        Management
1.13  Elect Director Harold B. Smith            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

WATERS CORPORATION

Ticker:       WAT            Security ID:  941848103
Meeting Date: MAY 15, 2007   Meeting Type: Annual
Record Date:  MAR 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joshua Bekenstein          For       For        Management
1.2   Elect Director Michael J. Berendt, Ph.D.  For       For        Management
1.3   Elect Director Douglas A. Berthiaume      For       For        Management
1.4   Elect Director Edward Conard              For       For        Management
1.5   Elect Director Laurie H. Glimcher, M.D.   For       For        Management
1.6   Elect Director Christopher A. Kuebler     For       For        Management
1.7   Elect Director William J. Miller          For       For        Management
1.8   Elect Director JoAnn A. Reed              For       For        Management
1.9   Elect Director Thomas P. Salice           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

WATSON PHARMACEUTICALS, INC.

Ticker:       WPI            Security ID:  942683103
Meeting Date: MAY 4, 2007    Meeting Type: Annual
Record Date:  MAR 16, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Allen Chao                 For       For        Management
1.2   Elect Director Michel J. Feldman          For       For        Management
1.3   Elect Director Fred G. Weiss              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

WENDY'S INTERNATIONAL, INC.

Ticker:       WEN            Security ID:  950590109
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  MAR 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Janet Hill                 For       For        Management
1.2   Elect Director John R. Thompson           For       For        Management
1.3   Elect Director J. Randolph Lewis          For       For        Management
1.4   Elect Director Stuart I. Oran             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Approve Omnibus Stock Plan                For       For        Management
5     Label Genetically Modified Organisms      Against   Against    Shareholder
6     Prepare Sustainability Report             Against   For        Shareholder
7     Report on Animal Welfare Standards        Against   Against    Shareholder
========== END NPX REPORT

The Total Return Utilities Fund

Name	Ticker	SecurityID	Country	MeetingDate	RecordDate	MeetingType	BallotItemNumber	MorS	ItemDesc	MgtRecVote	VoteCast
AT&T Inc	T	00206R102	USA	07/21/06	06/01/06	Special	1	M	Approve Merger Agreement	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	1	M	RECEIVING THE REPORT AND ACCOUNTS	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	2	M	DECLARING A FINAL DIVIDEND	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	3	M	APPROVING THE DIRECTORS REMUNERATION REPORT	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	4	M	REAPPOINTING PHILIP GREEN	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	5	M	REAPPOINTING PAUL HEIDEN	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	6	M	REAPPOINTING SIR PETER MIDDLETON	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	7	M	REAPPOINTING GORDON WATERS	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	8	M	Ratify Auditors	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	9	M	REMUNERATING THE AUDITOR	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	10	M	AUTHORISING THE DIRECTORS TO ALLOT SHARES	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	11	M	DISAPPLYING STATUTORY PRE-EMPTION RIGHTS	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	12	M	AUTHORISING MARKET PURCHASES OF ITS OWN SHARES BY THE COMPANY	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	13	M	AMENDING THE RULES OF THE PERFORMANCE SHARE PLAN	For	For
United Utilities plc		91311Q105	United Kingdom	07/28/06	06/21/06	Annual	14	M	AMENDING THE RULES OF THE INTERNATIONAL PLAN * SUCH OTHER BUSINESS AS MAY COME BEFORE THE MEETING.	For	For
Powerwave Technologies, Inc.	PWAV	739363109	USA	10/27/06	09/15/06	Annual	1.1	M	Elect Director Daniel A. Artusi	For	For
Powerwave Technologies, Inc.	PWAV	739363109	USA	10/27/06	09/15/06	Annual	1.2	M	Elect Director Ronald J. Buschur	For	For
Powerwave Technologies, Inc.	PWAV	739363109	USA	10/27/06	09/15/06	Annual	1.3	M	Elect Director John L. Clendenin	For	For
Powerwave Technologies, Inc.	PWAV	739363109	USA	10/27/06	09/15/06	Annual	1.4	M	Elect Director Bruce C. Edwards	For	For
Powerwave Technologies, Inc.	PWAV	739363109	USA	10/27/06	09/15/06	Annual	1.5	M	Elect Director David L. George	For	For
Powerwave Technologies, Inc.	PWAV	739363109	USA	10/27/06	09/15/06	Annual	1.6	M	Elect Director Eugene L. Goda	For	For
Powerwave Technologies, Inc.	PWAV	739363109	USA	10/27/06	09/15/06	Annual	1.7	M	Elect Director Carl W. Neun	For	For
Powerwave Technologies, Inc.	PWAV	739363109	USA	10/27/06	09/15/06	Annual	1.8	M	Elect Director Andrew J. Sukawaty	For	For
Powerwave Technologies, Inc.	PWAV	739363109	USA	10/27/06	09/15/06	Annual	2	M	Ratify Auditors	For	For
ESCO Technologies Inc.	ESE	296315104	USA	02/02/07	12/06/06	Annual	1.1	M	Elect Director V.L Richey, Jr.	For	For
ESCO Technologies Inc.	ESE	296315104	USA	02/02/07	12/06/06	Annual	1.2	M	Elect Director J.M. Stolze	For	For
ESCO Technologies Inc.	ESE	296315104	USA	02/02/07	12/06/06	Annual	2	M	Ratify Auditors	For	For
Atmos Energy Corp.	ATO	049560105	USA	02/07/07	12/11/06	Annual	1.1	M	Elect Director Robert W. Best	For	Withhold
Atmos Energy Corp.	ATO	049560105	USA	02/07/07	12/11/06	Annual	1.2	M	Elect Director Thomas J. Garland	For	For
Atmos Energy Corp.	ATO	049560105	USA	02/07/07	12/11/06	Annual	1.3	M	Elect Director Phillip E. Nichol	For	For
Atmos Energy Corp.	ATO	049560105	USA	02/07/07	12/11/06	Annual	1.4	M	Elect Director Charles K. Vaughan	For	Withhold
Atmos Energy Corp.	ATO	049560105	USA	02/07/07	12/11/06	Annual	2	M	Amend Omnibus Stock Plan	For	For
Atmos Energy Corp.	ATO	049560105	USA	02/07/07	12/11/06	Annual	3	M	Approve/Amend Executive Incentive Bonus Plan	For	For
National Fuel Gas Co.	NFG	636180101	USA	02/15/07	12/18/06	Annual	1.1	M	Elect Director Philip C. Ackerman	For	For
National Fuel Gas Co.	NFG	636180101	USA	02/15/07	12/18/06	Annual	1.2	M	Elect Director Craig G. Matthews	For	For
National Fuel Gas Co.	NFG	636180101	USA	02/15/07	12/18/06	Annual	1.3	M	Elect Director Richard G. Reiten	For	For
National Fuel Gas Co.	NFG	636180101	USA	02/15/07	12/18/06	Annual	1.4	M	Elect Director David F. Smith	For	For
National Fuel Gas Co.	NFG	636180101	USA	02/15/07	12/18/06	Annual	1.5	M	Elect Director Stephen E. Ewing	For	For
National Fuel Gas Co.	NFG	636180101	USA	02/15/07	12/18/06	Annual	2	M	Ratify Auditors	For	For
National Fuel Gas Co.	NFG	636180101	USA	02/15/07	12/18/06	Annual	3	M	Approve Executive Incentive Bonus Plan	For	For
National Fuel Gas Co.	NFG	636180101	USA	02/15/07	12/18/06	Annual	4	M	Amend Omnibus Stock Plan	For	For
National Fuel Gas Co.	NFG	636180101	USA	02/15/07	12/18/06	Annual	5	S	Non-Employee Director Compensation	Against	Against
QUALCOMM Inc.	QCOM	747525103	USA	03/13/07	01/12/07	Annual	1.1	M	Elect Director Barbara T. Alexander	For	For
QUALCOMM Inc.	QCOM	747525103	USA	03/13/07	01/12/07	Annual	1.2	M	Elect Director Raymond V. Dittamore	For	For
QUALCOMM Inc.	QCOM	747525103	USA	03/13/07	01/12/07	Annual	1.3	M	Elect Director Irwin Mark Jacobs	For	For
QUALCOMM Inc.	QCOM	747525103	USA	03/13/07	01/12/07	Annual	1.4	M	Elect Director Sherry Lansing	For	For
QUALCOMM Inc.	QCOM	747525103	USA	03/13/07	01/12/07	Annual	1.5	M	Elect Director Peter M. Sacerdote	For	For
QUALCOMM Inc.	QCOM	747525103	USA	03/13/07	01/12/07	Annual	1.6	M	Elect Director Marc I. Stern	For	For
QUALCOMM Inc.	QCOM	747525103	USA	03/13/07	01/12/07	Annual	2	M	Ratify Auditors	For	For
MUELLER WATER PRODUCTS INC	MWA	624758108	USA	03/22/07	01/25/07	Annual	1.1	M	Elect Director D. Boyce	For	For
MUELLER WATER PRODUCTS INC	MWA	624758108	USA	03/22/07	01/25/07	Annual	1.2	M	Elect Director H. Clark, Jr.	For	For
MUELLER WATER PRODUCTS INC	MWA	624758108	USA	03/22/07	01/25/07	Annual	1.3	M	Elect Director G. Hyland	For	For
MUELLER WATER PRODUCTS INC	MWA	624758108	USA	03/22/07	01/25/07	Annual	1.4	M	Elect Director J. Kolb	For	For
MUELLER WATER PRODUCTS INC	MWA	624758108	USA	03/22/07	01/25/07	Annual	1.5	M	Elect Director J. Leonard	For	For
MUELLER WATER PRODUCTS INC	MWA	624758108	USA	03/22/07	01/25/07	Annual	1.6	M	Elect Director M. O'Brien	For	For
MUELLER WATER PRODUCTS INC	MWA	624758108	USA	03/22/07	01/25/07	Annual	1.7	M	Elect Director B. Rethore	For	For
MUELLER WATER PRODUCTS INC	MWA	624758108	USA	03/22/07	01/25/07	Annual	1.8	M	Elect Director N. Springer	For	For
MUELLER WATER PRODUCTS INC	MWA	624758108	USA	03/22/07	01/25/07	Annual	1.9	M	Elect Director M. Tokarz	For	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	1.1	M	Elect Director Michael D. Barnes	For	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	1.2	M	Elect Director George P. Clancy, Jr.	For	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	1.3	M	Elect Director J.H. Degraffenreidt, Jr	For	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	1.4	M	Elect Director James W. Dyke, Jr.	For	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	1.5	M	Elect Director Melvyn J. Estrin	For	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	1.6	M	Elect Director James F. Lafond	For	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	1.7	M	Elect Director Debra L. Lee	For	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	1.8	M	Elect Director Karen Hastie Williams	For	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	2	M	Ratify Auditors	For	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	3	M	Approve Omnibus Stock Plan	For	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	4	S	Restore or Provide for Cumulative Voting	Against	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	5	S	Separate Chairman and CEO Positions	Against	For
WGL Holdings, Inc.	WGL	92924F106	USA	03/01/07	01/10/07	Annual	6	S	Disclose Information on Compensation Consultant	Against	For
Dynegy, Inc.	DYN	26816Q101	USA	03/29/07	01/29/07	Special	1	M	Approve Merger Agreement	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	02/28/07	01/26/07	Special	1	M	RESTRUCTURIZATION OF TELKOM S PENSION FUND.	For	Abstain
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	02/28/07	01/26/07	Special	2	M	THE AMENDMENT OF THE COMPANY S PLAN TO THE SHARES BOUGHT BACK.	For	Abstain
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	02/28/07	01/26/07	Special	3	M	APPROVAL OF THE IMPLEMENTATION OF EMPLOYEE AND MANAGEMENT STOCK OPTION PLAN.	For	Abstain
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	02/28/07	01/26/07	Special	4	M	ADJUSTMENT OF THE COMPANY S BOARD OF COMMISSIONERS TERMS OF OFFICE, WHICH MEMBERS WERE ELECTED IN EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS DATED MARCH 10, 2004, IN ACCORDANCE WITH THE COMPANY S ARTICLE OF ASSOCIATION AND LAW NO.19/2003 REGARDING STA	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	02/28/07	01/26/07	Special	5	M	APPROVAL OF THE CHANGES OF THE MEMBER FOR THE COMPANY S BOARD OF DIRECTORS.	For	For
Corning Inc.	GLW	219350105	USA	04/26/07	02/26/07	Annual	1.1	M	Elect Director Robert F. Cummings, Jr.	For	For
Corning Inc.	GLW	219350105	USA	04/26/07	02/26/07	Annual	1.2	M	Elect Director Eugene C. Sit	For	Withhold
Corning Inc.	GLW	219350105	USA	04/26/07	02/26/07	Annual	1.3	M	Elect Director William D. Smithburg	For	Withhold
Corning Inc.	GLW	219350105	USA	04/26/07	02/26/07	Annual	1.4	M	Elect Director Hansel E. Tookes Ii	For	Withhold
Corning Inc.	GLW	219350105	USA	04/26/07	02/26/07	Annual	1.5	M	Elect Director Wendell P. Weeks	For	Withhold
Corning Inc.	GLW	219350105	USA	04/26/07	02/26/07	Annual	2	M	Ratify Auditors	For	For
Corning Inc.	GLW	219350105	USA	04/26/07	02/26/07	Annual	3	S	Declassify the Board of Directors	Against	For
Equitable Resources, Inc.	EQT	294549100	USA	04/11/07	02/12/07	Annual	1.1	M	Elect Director Vicky A. Bailey	For	For
Equitable Resources, Inc.	EQT	294549100	USA	04/11/07	02/12/07	Annual	1.2	M	Elect Director Murry S. Gerber	For	For
Equitable Resources, Inc.	EQT	294549100	USA	04/11/07	02/12/07	Annual	1.3	M	Elect Director George L. Miles, Jr.	For	For
Equitable Resources, Inc.	EQT	294549100	USA	04/11/07	02/12/07	Annual	1.4	M	Elect Director James W. Whalen	For	For
Equitable Resources, Inc.	EQT	294549100	USA	04/11/07	02/12/07	Annual	2	M	Ratify Auditors	For	For
Equitable Resources, Inc.	EQT	294549100	USA	04/11/07	02/12/07	Annual	3	M	Amend Articles/Bylaws/Charter General Matters	For	For
Equitable Resources, Inc.	EQT	294549100	USA	04/11/07	02/12/07	Annual	4	S	Pay For Superior Performance	Against	Against
MDU Resources Group, Inc.	MDU	552690109	USA	04/24/07	02/26/07	Annual	1.1	M	Elect Director Terry D. Hildestad	For	For
MDU Resources Group, Inc.	MDU	552690109	USA	04/24/07	02/26/07	Annual	1.2	M	Elect Director Dennis W. Johnson	For	For
MDU Resources Group, Inc.	MDU	552690109	USA	04/24/07	02/26/07	Annual	1.3	M	Elect Director John L. Olson	For	For
MDU Resources Group, Inc.	MDU	552690109	USA	04/24/07	02/26/07	Annual	1.4	M	Elect Director John K. Wilson	For	For
MDU Resources Group, Inc.	MDU	552690109	USA	04/24/07	02/26/07	Annual	2	M	Increase Authorized Common Stock	For	For
MDU Resources Group, Inc.	MDU	552690109	USA	04/24/07	02/26/07	Annual	3	M	Declassify the Board of Directors	For	For
MDU Resources Group, Inc.	MDU	552690109	USA	04/24/07	02/26/07	Annual	4	M	Ratify Auditors	For	For
MDU Resources Group, Inc.	MDU	552690109	USA	04/24/07	02/26/07	Annual	5	S	Sustainability Report	Against	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	1	M	Elect Director James R. Barker	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	2	M	Elect Director Richard L. Carrion	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	3	M	Elect Director M. Frances Keeth	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	4	M	Elect Director Robert W. Lane	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	5	M	Elect Director Sandra O. Moose	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	6	M	Elect Director Joseph Neubauer	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	7	M	Elect Director Donald T. Nicolaisen	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	8	M	Elect Director Thomas H. O'Brien	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	9	M	Elect Director Clarence Otis, Jr.	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	10	M	Elect Director Hugh B. Price	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	11	M	Elect Director Ivan G. Seidenberg	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	12	M	Elect Director Walter V. Shipley	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	13	M	Elect Director John W. Snow	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	14	M	Elect Director John R. Stafford	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	15	M	Elect Director Robert D. Storey	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	16	M	Ratify Auditors	For	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	17	S	Limit Executive Compensation	Against	Against
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	18	S	Eliminate or Restrict Severance Agreements (Change-in-Control)	Against	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	19	S	Disclose Information on Compensation Consultant	Against	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	20	S	Advisory Vote to Ratify Named Executive Officer's Compensation	Against	For
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	21	S	Adopt Policy on Overboarded Director	Against	Against
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	22	S	Approve Terms of Existing Poison Pill	Against	Against
Verizon Communications	VZ	92343V104	USA	05/03/07	03/05/07	Annual	23	S	Report on Charitable Contributions	Against	Against
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	1	M	Elect Director William F. Aldinger III	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	2	M	Elect Director Gilbert F. Amelio	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	3	M	Elect Director Reuben V. Anderson	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	4	M	Elect Director James H. Blanchard	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	5	M	Elect Director August A. Busch III	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	6	M	Elect Director James P. Kelly	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	7	M	Elect Director Charles F. Knight	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	8	M	Elect Director Jon C. Madonna	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	9	M	Elect Director Lynn M. Martin	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	10	M	Elect Director John B. McCoy	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	11	M	Elect Director Mary S. Metz	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	12	M	Elect Director Toni Rembe	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	13	M	Elect Director Joyce M. Roche	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	14	M	Elect Director Randall L. Stephenson	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	15	M	Elect Director Laura D' Andrea Tyson	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	16	M	Elect Director Patricia P. Upton	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	17	M	Elect Director Edward E. Whitacre, Jr.	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	18	M	Ratify Auditors	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	19	M	Compensation Specific-Severance Payments to Executives	For	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	20	S	Report on Political Contributions	Against	Against
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	21	S	Amend Articles/Bylaws/Charter - Call Special Meetings	Against	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	22	S	Pay For Superior Performance	Against	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	23	S	Advisory Vote to Ratify Named Executive Officers' Compensation	Against	For
AT&T Inc	T	00206R102	USA	04/27/07	02/28/07	Annual	24	S	Establish SERP Policy	Against	For
NRG Energy Inc	NRG	629377508	USA	04/25/07	03/12/07	Annual	1.1	M	Elect Director David Crane	For	For
NRG Energy Inc	NRG	629377508	USA	04/25/07	03/12/07	Annual	1.2	M	Elect Director Stephen L. Cropper	For	For
NRG Energy Inc	NRG	629377508	USA	04/25/07	03/12/07	Annual	1.3	M	Elect Director Maureen Miskovic	For	For
NRG Energy Inc	NRG	629377508	USA	04/25/07	03/12/07	Annual	1.4	M	Elect Director Thomas H. Weidemeyer	For	For
NRG Energy Inc	NRG	629377508	USA	04/25/07	03/12/07	Annual	2	M	Ratify Auditors	For	For
AGL Resources Inc.	ATG	001204106	USA	05/02/07	02/23/07	Annual	1.1	M	Elect Director Thomas D. Bell, Jr.	For	For
AGL Resources Inc.	ATG	001204106	USA	05/02/07	02/23/07	Annual	1.2	M	Elect Director Michael J. Durham	For	For
AGL Resources Inc.	ATG	001204106	USA	05/02/07	02/23/07	Annual	1.3	M	Elect Director Charles H. Mctier	For	For
AGL Resources Inc.	ATG	001204106	USA	05/02/07	02/23/07	Annual	1.4	M	Elect Director Dean R. O'Hare	For	For
AGL Resources Inc.	ATG	001204106	USA	05/02/07	02/23/07	Annual	1.5	M	Elect Director D. Raymond Riddle	For	For
AGL Resources Inc.	ATG	001204106	USA	05/02/07	02/23/07	Annual	1.6	M	Elect Director Felker W. Ward, Jr.	For	For
AGL Resources Inc.	ATG	001204106	USA	05/02/07	02/23/07	Annual	2	M	Approve Omnibus Stock Plan	For	For
AGL Resources Inc.	ATG	001204106	USA	05/02/07	02/23/07	Annual	3	M	Ratify Auditors	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.1	M	Elect Director John M. Dunn	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.2	M	Elect Director Niel C. Ellerbrook	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.3	M	Elect Director John D. Engelbrecht	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.4	M	Elect Director Anton H. George	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.5	M	Elect Director Martin C. Jischke	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.6	M	Elect Director Robert L. Koch Ii	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.7	M	Elect Director William G. Mays	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.8	M	Elect Director J. Timothy Mcginley	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.9	M	Elect Director Richard P. Rechter	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.1	M	Elect Director R. Daniel Sadlier	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.11	M	Elect Director Richard W. Shymanski	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.12	M	Elect Director Michael L. Smith	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	1.13	M	Elect Director Jean L. Wojtowicz	For	For
Vectren Corp.	VVC	92240G101	USA	05/09/07	03/09/07	Annual	2	M	Ratify Auditors	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	1.1	M	Elect Director Richard H. Booth	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	1.2	M	Elect Director Cotton Mather Cleveland	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	1.3	M	Elect Director Sanford Cloud, Jr.	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	1.4	M	Elect Director James F. Cordes	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	1.5	M	Elect Director E. Gail de Planque	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	1.6	M	Elect Director John G. Graham	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	1.7	M	Elect Director Elizabeth T. Kennan	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	1.8	M	Elect Director Kenneth R. Leibler	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	1.9	M	Elect Director Robert E. Patricelli	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	1.1	M	Elect Director Charles W. Shivery	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	1.11	M	Elect Director John F. Swope	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	2	M	Ratify Auditors	For	For
Northeast Utilities	NU	664397106	USA	05/08/07	03/09/07	Annual	3	M	Amend Omnibus Stock Plan	For	For
Anadarko Petroleum Corp.	APC	032511107	USA	05/16/07	03/21/07	Annual	1.1	M	Elect Director Larry Barcus	For	Withhold
Anadarko Petroleum Corp.	APC	032511107	USA	05/16/07	03/21/07	Annual	1.2	M	Elect Director James L. Bryan	For	Withhold
Anadarko Petroleum Corp.	APC	032511107	USA	05/16/07	03/21/07	Annual	1.3	M	Elect Director H. Paulett Eberhart	For	For
Anadarko Petroleum Corp.	APC	032511107	USA	05/16/07	03/21/07	Annual	1.4	M	Elect Director James T. Hackett	For	Withhold
Anadarko Petroleum Corp.	APC	032511107	USA	05/16/07	03/21/07	Annual	2	M	Ratify Auditors	For	Against
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	1	M	Elect Director Juan Carlos Braniff	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	2	M	Elect Director James L. Dunlap	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	3	M	Elect Director Douglas L. Foshee	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	4	M	Elect Director Robert W. Goldman	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	5	M	Elect Director Anthony W. Hall, Jr.	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	6	M	Elect Director Thomas R. Hix	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	7	M	Elect Director William H. Joyce	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	8	M	Elect Director Ronald L. Kuehn, Jr.	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	9	M	Elect Director Ferrell P. McClean	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	10	M	Elect Director Steven J. Shapiro	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	11	M	Elect Director J. Michael Talbert	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	12	M	Elect Director Robert F. Vagt	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	13	M	Elect Director John L. Whitmire	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	14	M	Elect Director Joe B. Wyatt	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	15	M	Ratify Auditors	For	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	16	S	Amend Articles/Bylaws/Charter -- Call Special Meetings	Against	For
EL Paso Corp	EP	28336L109	USA	05/24/07	03/26/07	Annual	17	S	Company Specific-Policy Abandoning Decision by the Board	Against	Against
Sierra Pacific Resources	SRP	826428104	USA	05/07/07	03/15/07	Annual	1.1	M	Elect Director Walter M. Higgins	For	For
Sierra Pacific Resources	SRP	826428104	USA	05/07/07	03/15/07	Annual	1.2	M	Elect Director Brian J. Kennedy	For	For
Sierra Pacific Resources	SRP	826428104	USA	05/07/07	03/15/07	Annual	1.3	M	Elect Director John F. O'Reilly	For	For
Sierra Pacific Resources	SRP	826428104	USA	05/07/07	03/15/07	Annual	1.4	M	Elect Director Michael W. Yackira	For	For
Sierra Pacific Resources	SRP	826428104	USA	05/07/07	03/15/07	Annual	2	S	Declassify the Board of Directors	Against	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	1	M	Elect Director Steven C. Beering	For	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	2	M	Elect Director Dennis E. Foster	For	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	3	M	Elect Director Marty K. Kittrell	For	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	4	M	Elect Director Peter McCausland	For	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	5	M	Elect Director Steven R. McCracken	For	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	6	M	Elect Director W. Lee Nutter	For	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	7	M	Elect Director Ian M. Rolland	For	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	8	M	Elect Director Robert C. Skaggs, Jr	For	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	9	M	Elect Director Richard L. Thompson	For	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	10	M	Elect Director Carolyn Y. Woo	For	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	11	M	Elect Director Roger A. Young	For	For
NiSource Inc.	NI	65473P105	USA	05/08/07	03/13/07	Annual	12	M	Ratify Auditors	For	For
Cypress Semiconductor Corp.	CY	232806109	USA	05/03/07	03/09/07	Annual	1.1	M	Elect Director T.J. Rodgers	For	For
Cypress Semiconductor Corp.	CY	232806109	USA	05/03/07	03/09/07	Annual	1.2	M	Elect Director W. Steve Albrecht	For	For
Cypress Semiconductor Corp.	CY	232806109	USA	05/03/07	03/09/07	Annual	1.3	M	Elect Director Eric A. Benhamou	For	For
Cypress Semiconductor Corp.	CY	232806109	USA	05/03/07	03/09/07	Annual	1.4	M	Elect Director Lloyd Carney	For	For
Cypress Semiconductor Corp.	CY	232806109	USA	05/03/07	03/09/07	Annual	1.5	M	Elect Director James R. Long	For	For
Cypress Semiconductor Corp.	CY	232806109	USA	05/03/07	03/09/07	Annual	1.6	M	Elect Director J. Daniel Mccranie	For	For
Cypress Semiconductor Corp.	CY	232806109	USA	05/03/07	03/09/07	Annual	1.7	M	Elect Director Evert Van De Ven	For	For
Cypress Semiconductor Corp.	CY	232806109	USA	05/03/07	03/09/07	Annual	2	M	Ratify Auditors	For	For
Cypress Semiconductor Corp.	CY	232806109	USA	05/03/07	03/09/07	Annual	3	M	Amend Omnibus Stock Plan	For	For
Southern Union Co.	SUG	844030106	USA	05/01/07	03/16/07	Annual	1.1	M	Elect Director David Brodsky	For	For
Southern Union Co.	SUG	844030106	USA	05/01/07	03/16/07	Annual	1.2	M	Elect Director Frank W. Denius	For	For
Southern Union Co.	SUG	844030106	USA	05/01/07	03/16/07	Annual	1.3	M	Elect Director Kurt A. Gitter, M.D.	For	For
Southern Union Co.	SUG	844030106	USA	05/01/07	03/16/07	Annual	1.4	M	Elect Director Herbert H. Jacobi	For	For
Southern Union Co.	SUG	844030106	USA	05/01/07	03/16/07	Annual	1.5	M	Elect Director Adam M. Lindemann	For	Withhold
Southern Union Co.	SUG	844030106	USA	05/01/07	03/16/07	Annual	1.6	M	Elect Director George L. Lindemann	For	For
Southern Union Co.	SUG	844030106	USA	05/01/07	03/16/07	Annual	1.7	M	Elect Director Thomas N. Mccarter, III	For	For
Southern Union Co.	SUG	844030106	USA	05/01/07	03/16/07	Annual	1.8	M	Elect Director George Rountree, III	For	For
Southern Union Co.	SUG	844030106	USA	05/01/07	03/16/07	Annual	1.9	M	Elect Director Allan D. Scherer	For	For
Southern Union Co.	SUG	844030106	USA	05/01/07	03/16/07	Annual	2	M	Ratify Auditors	For	For
Oneok, Inc.	OKE	682680103	USA	05/17/07	03/19/07	Annual	1.1	M	Elect Director William M. Bell	For	For
Oneok, Inc.	OKE	682680103	USA	05/17/07	03/19/07	Annual	1.2	M	Elect Director John W. Gibson	For	For
Oneok, Inc.	OKE	682680103	USA	05/17/07	03/19/07	Annual	1.3	M	Elect Director Pattye L. Moore	For	For
Oneok, Inc.	OKE	682680103	USA	05/17/07	03/19/07	Annual	1.4	M	Elect Director David J. Tippeconnic	For	For
Oneok, Inc.	OKE	682680103	USA	05/17/07	03/19/07	Annual	2	S	Separate Chairman and CEO Positions	Against	Against
Pepco Holdings, Inc.	POM	713291102	USA	05/18/07	03/19/07	Annual	1.1	M	Elect Director Jack B. Dunn, Iv	For	For
Pepco Holdings, Inc.	POM	713291102	USA	05/18/07	03/19/07	Annual	1.2	M	Elect Director Terence C. Golden	For	For
Pepco Holdings, Inc.	POM	713291102	USA	05/18/07	03/19/07	Annual	1.3	M	Elect Director Frank O. Heintz	For	For
Pepco Holdings, Inc.	POM	713291102	USA	05/18/07	03/19/07	Annual	1.4	M	Elect Director Barbara J. Krumsiek	For	For
Pepco Holdings, Inc.	POM	713291102	USA	05/18/07	03/19/07	Annual	1.5	M	Elect Director George F. Maccormack	For	For
Pepco Holdings, Inc.	POM	713291102	USA	05/18/07	03/19/07	Annual	1.6	M	Elect Director Richard B. Mcglynn	For	For
Pepco Holdings, Inc.	POM	713291102	USA	05/18/07	03/19/07	Annual	1.7	M	Elect Director Lawrence C. Nussdorf	For	For
Pepco Holdings, Inc.	POM	713291102	USA	05/18/07	03/19/07	Annual	1.8	M	Elect Director Frank K. Ross	For	For
Pepco Holdings, Inc.	POM	713291102	USA	05/18/07	03/19/07	Annual	1.9	M	Elect Director Lester P. Silverman	For	For
Pepco Holdings, Inc.	POM	713291102	USA	05/18/07	03/19/07	Annual	1.1	M	Elect Director William T. Torgerson	For	For
Pepco Holdings, Inc.	POM	713291102	USA	05/18/07	03/19/07	Annual	2	M	Ratify Auditors	For	For
Questar Corp.	STR	748356102	USA	05/15/07	03/19/07	Annual	1.1	M	Elect Director Teresa Beck	For	For
Questar Corp.	STR	748356102	USA	05/15/07	03/19/07	Annual	1.2	M	Elect Director R.D. Cash	For	For
Questar Corp.	STR	748356102	USA	05/15/07	03/19/07	Annual	1.3	M	Elect Director Robert E. McKee	For	For
Questar Corp.	STR	748356102	USA	05/15/07	03/19/07	Annual	1.4	M	Elect Director Gary G. Michael	For	For
Questar Corp.	STR	748356102	USA	05/15/07	03/19/07	Annual	1.5	M	Elect Director Charles B. Stanley	For	For
Pioneer Natural Resources Co.	PXD	723787107	USA	05/16/07	03/22/07	Annual	1.1	M	Elect Director R. Hartwell Gardner	For	For
Pioneer Natural Resources Co.	PXD	723787107	USA	05/16/07	03/22/07	Annual	1.2	M	Elect Director Linda K. Lawson	For	For
Pioneer Natural Resources Co.	PXD	723787107	USA	05/16/07	03/22/07	Annual	1.3	M	Elect Director Frank A. Risch	For	For
Pioneer Natural Resources Co.	PXD	723787107	USA	05/16/07	03/22/07	Annual	1.4	M	Elect Director Mark S. Sexton	For	Withhold
Pioneer Natural Resources Co.	PXD	723787107	USA	05/16/07	03/22/07	Annual	2	M	Ratify Auditors	For	For
Pioneer Natural Resources Co.	PXD	723787107	USA	05/16/07	03/22/07	Annual	3	M	Approve Qualified Employee Stock Purchase Plan	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	1	M	Elect Director Keith J. Bane	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	2	M	Elect Director Robert R. Bennett	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	3	M	Elect Director Gordon M. Bethune	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	4	M	Elect Director Frank M. Drendel	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	5	M	Elect Director Gary D. Forsee	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	6	M	Elect Director James H. Hance, Jr.	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	7	M	Elect Director V. Janet Hill	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	8	M	Elect Director Irvine O. Hockaday, Jr.	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	9	M	Elect Director Linda Koch Lorimer	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	10	M	Elect Director William H. Swanson	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	11	M	Ratify Auditors	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	12	M	Approve Omnibus Stock Plan	For	For
Sprint Nextel Corp	S	852061100	USA	05/08/07	03/20/07	Annual	13	S	Advisory Vote to Ratify Named Executive Officers' Compensation	Against	For
Ultra Petroleum Corp.	UPL	903914109	Canada	06/14/07	05/07/07	Annual	1.1	M	Elect Director Michael D. Watford	For	For
Ultra Petroleum Corp.	UPL	903914109	Canada	06/14/07	05/07/07	Annual	1.2	M	Elect Director W. Charles Helton	For	For
Ultra Petroleum Corp.	UPL	903914109	Canada	06/14/07	05/07/07	Annual	1.3	M	Elect Director Stephen J. McDaniel	For	For
Ultra Petroleum Corp.	UPL	903914109	Canada	06/14/07	05/07/07	Annual	1.4	M	Elect Director Robert E. Rigney	For	For
Ultra Petroleum Corp.	UPL	903914109	Canada	06/14/07	05/07/07	Annual	1.5	M	Elect Director James C. Roe	For	For
Ultra Petroleum Corp.	UPL	903914109	Canada	06/14/07	05/07/07	Annual	2	M	Ratify Ernst & Young LLP as Auditors	For	For
Ultra Petroleum Corp.	UPL	903914109	Canada	06/14/07	05/07/07	Annual	3	S	Prepare a Climate Change Report	Against	For
America Movil SAB de CV (formerly America Movil SA de CV)		02364W105	Mexico	04/27/07	04/16/07	Special	1	M	Elect Representatives of Class L Shares to the Board of Directors	For	For
America Movil SAB de CV (formerly America Movil SA de CV)		02364W105	Mexico	04/27/07	04/16/07	Special	2	M	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	For
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	1	M	TO RECEIVE AND CONSIDER THE AUDITED FINANCIAL STATEMENTS AND THE REPORTS OF THE DIRECTORS AND AUDITORS.	For	For
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	2a	M	TO DECLARE AN ORDINARY FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2006.	For	For
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	2b	M	TO DECLARE A SPECIAL FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2006.	For	For
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	3a	M	TO RE-ELECT WANG JIANZHOU AS A DIRECTOR.	For	For
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	3b	M	TO RE-ELECT LI YUE AS A DIRECTOR.	For	For
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	3c	M	TO RE-ELECT ZHANG CHENSHUANG AS A DIRECTOR.	For	For
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	3d	M	TO RE-ELECT FRANK WONG KWONG SHING AS A DIRECTOR.	For	For
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	3e	M	TO RE-ELECT PAUL MICHAEL DONOVAN AS A DIRECTOR.	For	For
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	4	M	Ratify Auditors	For	For
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	5	M	TO GIVE A GENERAL MANDATE TO THE DIRECTORS TO REPURCHASE SHARES IN THE COMPANY NOT EXCEEDING 10% OF THE AGGREGATE NOMINAL AMOUNT OF THE EXISTING ISSUED SHARE CAPITAL.	For	For
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	6	M	TO GIVE A GENERAL MANDATE TO THE DIRECTORS TO ISSUE, ALLOT AND DEAL WITH ADDITIONAL SHARES IN THE COMPANY.	For	Against
China Mobile (Hong Kong) Limited		16941M109	Hong Kong	05/16/07	04/05/07	Annual	7	M	TO EXTEND THE GENERAL MANDATE GRANTED TO THE DIRECTORS TO ISSUE, ALLOT AND DEAL WITH SHARES BY THE NUMBER OF SHARES REPURCHASED.	For	Against
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	1.1	M	Elect Director James H. Brandi	For	For
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	1.2	M	Elect Director John T. Cardis	For	For
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	1.3	M	Elect Director Thomas B. Hogan, Jr.	For	For
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	1.4	M	Elect Director G. Jean Howard	For	For
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	1.5	M	Elect Director David M. Jagger	For	For
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	1.6	M	Elect Director Seth A. Kaplan	For	For
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	1.7	M	Elect Director Ben E. Lynch	For	For
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	1.8	M	Elect Director Peter J. Moynihan	For	For
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	1.9	M	Elect Director Patricia M. Nazemetz	For	For
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	1.1	M	Elect Director Walter G. Rich	For	For
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	1.11	M	Elect Director Wesley W. Von Schack	For	For
Energy East Corporation	EAS	29266M109	USA	06/14/07	04/23/07	Annual	2	M	Ratify Auditors	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	1	M	APPROVAL OF THE AUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDING DECEMBER 31, 2006 CONTAINED IN THE COMPANY S 2006 ANNUAL REPORT.	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.1	M	Elect Director Rev Fr B.F. Nebres S.J	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.2	M	Elect Director Mr Oscar S. Reyes	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.3	M	Elect Director Mr Pedro E. Roxas	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.4	M	Elect Director Mr Alfred Vy Ty	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.5	M	Elect Director Ms Helen Y. Dee	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.6	M	Elect Director Atty. Ray C. Espinosa	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.7	M	Elect Director Mr. Tsuyoshi Kawashima	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.8	M	Elect Director Mr Tatsu Kono	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.9	M	Elect Director Mr Napoleon L. Nazareno	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.1	M	Elect Director Mr Manuel V. Pangilinan	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.11	M	Elect Director Ms Corazon S. De La Paz	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.12	M	Elect Director Atty Ma L.C. Rausa-Chan	For	For
Philippine Long Distance Telephone Co.		718252604	Philippines	06/12/07	04/12/07	Annual	2.13	M	Elect Director Mr Albert F Del Rosario	For	For
The AES Corp.	AES	00130H105	USA	06/25/07	04/27/07	Annual	1.1	M	Elect Director Richard Darman	For	For
The AES Corp.	AES	00130H105	USA	06/25/07	04/27/07	Annual	1.2	M	Elect Director Paul Hanrahan	For	For
The AES Corp.	AES	00130H105	USA	06/25/07	04/27/07	Annual	1.3	M	Elect Director Kristina M. Johnson	For	For
The AES Corp.	AES	00130H105	USA	06/25/07	04/27/07	Annual	1.4	M	Elect Director John A. Koskinen	For	For
The AES Corp.	AES	00130H105	USA	06/25/07	04/27/07	Annual	1.5	M	Elect Director Philip Lader	For	For
The AES Corp.	AES	00130H105	USA	06/25/07	04/27/07	Annual	1.6	M	Elect Director John H. McArthur	For	For
The AES Corp.	AES	00130H105	USA	06/25/07	04/27/07	Annual	1.7	M	Elect Director Sandra O. Moose	For	For
The AES Corp.	AES	00130H105	USA	06/25/07	04/27/07	Annual	1.8	M	Elect Director Philip A. Odeen	For	For
The AES Corp.	AES	00130H105	USA	06/25/07	04/27/07	Annual	1.9	M	Elect Director Charles O. Rossotti	For	For
The AES Corp.	AES	00130H105	USA	06/25/07	04/27/07	Annual	1.1	M	Elect Director Sven Sandstrom	For	For
The AES Corp.	AES	00130H105	USA	06/25/07	04/27/07	Annual	2	M	Ratify Auditors	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	06/29/07	06/06/07	Annual	1	M	APPROVAL OF THE COMPANY S ANNUAL REPORT FOR THE FINANCIAL YEAR 2006.	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	06/29/07	06/06/07	Annual	2	M	RATIFICATION OF THE COMPANY S FINANCIAL STATEMENTS AND PARTNERSHIP AND COMMUNITY DEVELOPMENT PROGRAM FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR 2006.	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	06/29/07	06/06/07	Annual	3	M	APPROPRIATION OF COMPANY S NET INCOME FROM FINANCIAL YEAR 2006.	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	06/29/07	06/06/07	Annual	4	M	Ratify Auditors	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	06/29/07	06/06/07	Annual	5	M	DELEGATION OF AUTHORITY TO THE BOARD OF COMMISSIONERS TO DETERMINE THE BOARD MEMBER S POST SERVICE ALLOWANCES.	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	06/29/07	06/06/07	Annual	6	M	APPROVAL OF THE DETERMINATION OF THE AMOUNT OF SALARY AND OTHER ALLOWANCES, ALL AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT.	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	06/29/07	06/06/07	Annual	7	M	APPROVAL OF THE DELEGATION OF AUTHORITY TO THE BOARD OF COMMISSIONERS TO DETERMINE THE DISTRIBUTION OF DUTY AND AUTHORITY OF THE MEMBERS OF THE COMPANY S DIRECTORS.	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	06/29/07	06/06/07	Annual	8	M	APPROVAL TO THE CHANGE AND OR ADDITIONAL OF MEMBERS OF THE COMPANY S COMMISSIONER.	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	06/29/07	06/06/07	Annual	9	M	APPROVAL FOR THE SHARE BUY BACK II PROGRAM.	For	For
PT Telekomunikasi Indonesia Tbk		715684106	Indonesia	06/29/07	06/06/07	Annual	10	M	APPROVAL TO THE AMENDMENT TO THE COMPANY S ARTICLES OF ASSOCIATION.	For	For

SIGNATURES

[See General Instruction F]

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)  The Flex-funds  

By (Signature and Title)*  /s/ Terra D. Case, Vice President 

Date  August 10, 2007  

* Print the name and title of each signing officer under his or her signature.