Copley Fund NPX Annual report of proxy voting record

Form N-PX

Annual Report of Proxy Voting Record of

Copley Fund, Inc.

Investment Company Act File No.: 811-2815

Registrant

Copley Fund, Inc.

5348 Vegas Drive

Las Vegas NV 89108

Agent for Service

Fiscal Year end: February 28

Date of Reporting Period: July 1, 2010 to June 30, 2011

Name	Ticker	CUSIP	Meeting Date	Item Description	Proponent (Management/Shareholder)	Voted (Yes/No)	Vote Cast	With or Against Mgt Rec
Alliant Energy Corporation	LNT	18802108	5/10/2011	Election of Directors
				William D. Harvey	Management	Yes	For	With
				Singleton B. McAllister	Management	Yes	For	With
	LNT			Approval- Compensation of Company's Named Executive Officers	Management	Yes	For	With
	LNT			Frequency of Advisory Votes on Compensation of Company's Named Executive Officers	Management	Yes	1 yr	With
	LNT			Ratify Appt - Deloitte & Touche LLP	Management	Yes	For	With
Ameren Corporation	AEE	23608102	4/21/2011	Election of Directors
				Stephen F. Brauer	Management	Yes	For	With
				Ellen M. Fitzsimmons	Management	Yes	For	With
				Walter J. Galvin	Management	Yes	For	With
				Gayle P. W. Jackson	Management	Yes	For	With
				James C. Johnson	Management	Yes	For	With
				Steven H. Lipstein	Management	Yes	For	With
				Patrick T. Stokes	Management	Yes	For	With
				Thomas R. Voss	Management	Yes	For	With
				Stephen R. Wilson	Management	Yes	For	With
				Jack D. Woodard	Management	Yes	For	With
	AEE			Amendment to the Restated Articles of Incorporation to Limit the Liability of Directors	Management	Yes	For	With
	AEE			Re-Approval of the Material Terms of the Performance Goals under the 2006 Omnibus Incentive Compensation Plan	Management	Yes	For	With
	AEE			Advisory Approval on the Frequency of Holding an Advisory Vote on Executive Compensation	Management	Yes	1 yr	With
	AEE			Ratify Appt - PriceWaterhouse Coopers LLP as Independent Registered Accounting Firm for Fiscal Year Ending December 31, 2011	Management	Yes	For	With
	AEE			Report on Coal Combustion Waste	Shareholder	Yes	Against	With
American Electric Power Company, Inc.	AEP	25537101	2/28/2011	Election of Directors
				David J. Anderson	Management	Yes	For	With
				James F. Cordes	Management	Yes	For	With
				Ralph D. Crosby, Jr.	Management	Yes	For	With
				Linda A. Goodspeed	Management	Yes	For	With
				Thomas E. Hoaglin	Management	Yes	For	With
				Lester A. Hudson, Jr.	Management	Yes	For	With
				Michael G. Morris	Management	Yes	For	With
				Richard C. Notebaert	Management	Yes	For	With
				Lionel L. Nowell III	Management	Yes	For	With
				Richard L. Sandor	Management	Yes	For	With
				Kathryn D. Sullivan	Management	Yes	For	With
				Sara Martinez Tucker	Management	Yes	For	With
				John F. Turner	Management	Yes	For	With
	AEP			Ratify Appt - Deloitte & Touche LLP	Management	Yes	For	With
	AEP			Approval- Compensation of Company's Named Executive Officers	Management	Yes	For	With
	AEP			Frequency of Advisory Votes on Compensation of Company's Named Executive Officers	Management	Yes	1 Year	With
Arthur J. Gallagher & Co.	AJG	363576109	5/10/2011	Election of Directors
				William L. Bax	Management	Yes	For	With
				Frank E. English, Jr.	Management	Yes	For	With
				J. Patrick Gallagher, Jr.	Management	Yes	For	With
				Elbert O. Hand	Management	Yes	For	With
				Ilene S. Gordon	Management	Yes	For	With
				David S. Johnson	Management	Yes	For	With
				Kay W. McCurdy	Management	Yes	For	With
				Norman L. Rosenthal	Management	Yes	For	With
				James R. Wimmer	Management	Yes	For	With
	AJG			Approval- Incentive Plan	Management	Yes	For	With
	AJG			Ratify Appt- Independent Auditor for 2011	Management	Yes	For	With
	AJG			Approval- Compensation of Company's Named Executive Officers	Management	Yes	For	With
	AJG			Frequency of Advisory Votes on Compensation of Company's Named Executive Officers	Management	Yes	1 year	With
AT&T Inc.	T	00206R102	4/29/2011	Election of Directors
				Randall L. Stephenson	Management	Yes	For	With
				Gilbert F. Amelio	Management	Yes	For	With
				Reuben V. Anderson	Management	Yes	For	With
				James H. Blanchard	Management	Yes	For	With
				Jaime Chico Pardo	Management	Yes	For	With
				James P. Kelly	Management	Yes	For	With
				Jon C. Madonna	Management	Yes	For	With
				Lynn M. Martin	Management	Yes	For	With
				John B. McCoy	Management	Yes	For	With
				Joyce M. Roché	Management	Yes	For	With
				Matthew K. Rose	Management	Yes	For	With
				Laura D'Andrea Tyson	Management	Yes	For	With
	T			Ratify Appt- Independent Auditors	Management	Yes	For	With
	T			Approve- 2011 Incentive Plan	Management	Yes	For	With
	T			Advisory Vote on executive compensation	Management	Yes	For	With
	T			Advisory Vote on frequency of vote on executive compensation	Management	Yes	3 years	With
	T			Political Contributions	Shareholder	Yes	Against	With
	T			Special Stockholder Meetings	Shareholder	Yes	Against	With
	T			Written Consent	Shareholder	Yes	Against	With
Bristol-Myers Squibb Company	BMY	110122108	5/3/2011	Election of Directors
				L. Andreotti	Management	Yes	For	With
				L. B. Campbell	Management	Yes	For	With
				J. M. Cornelius	Management	Yes	For	With
				L. J. Freeh	Management	Yes	For	With
				L. H. Glimcher, M.D.	Management	Yes	For	With
				M. Grobstein	Management	Yes	For	With
				L. Johansson	Management	Yes	For	With
				A. J. Lacy	Management	Yes	For	With
				V. L. Sato, Ph.D.	Management	Yes	For	With
				E. Sigai, M.D., Ph.D.	Management	Yes	For	With
				T. D. West, Jr.	Management	Yes	For	With
				R. S. Williams, M.D.	Management	Yes	For	With
	BMY			Ratify Appt- Independent Accounting Firm	Management	Yes	For	With
	BMY			Advisory Vote on executive compensation	Management	Yes	For	With
	BMY			Advisory Vote on frequency of vote on executive compensation	Management	Yes	1 year	Against
	BMY			Executive Compensation Disclosure	Shareholder	Yes	Against	With
	BMY			Shareholder Action by Written Consent	Shareholder	Yes	Against	With
	BMY			Pharmaceutical Price Restraint	Shareholder	Yes	Against	With
Chevron Corporation	CVX	166764100	4/1/2011	Election of Directors
				L. F. Deily	Management	Yes	For	With
				R. E. Denham	Management	Yes	For	With
				R. J. Eaton	Management	Yes	For	With
				C. Hagel	Management	Yes	For	With
				E. Hernandez	Management	Yes	For	With
				G. L. Kirkland	Management	Yes	For	With
				D. B. Rice	Management	Yes	For	With
				K. W. Sharer	Management	Yes	For	With
				C. R. Shoemate	Management	Yes	For	With
				J. G. Stumpf	Management	Yes	For	With
				R. D. Sugar	Management	Yes	For	With
				C. Ware	Management	Yes	For	With
				J. S. Watson	Management	Yes	For	With
	CVX			Ratify Appt- Independent Registered Public Accounting Firm	Management	Yes	For	With
	CVX			Advisory Vote on Named Executive Officer Compensation	Management	Yes	For	With
	CVX			Advisory Vote on the Frequency of Advisory Votes on Named Executive Officer Compensation	Management	Yes	1 year	With
	CVX			Independent Director with Environmental Expertise	Shareholder	Yes	Against	With
	CVX			Human Rights Committee	Shareholder	Yes	Against	With
	CVX			Sustainability Metric for Exectuive Compensation	Shareholder	Yes	Against	With
	CVX			Guidelines for Country Selection	Shareholder	Yes	Against	With
	CVX			Financial Risks from Climate Change	Shareholder	Yes	Against	With
	CVX			Hydraulic Fracturing	Shareholder	Yes	Against	With
	CVX			Offshore Oil Wells	Shareholder	Yes	Against	With
Delta Natural Gas Company, Inc.	DGAS	247748106	11/18/2010	Election of Directors
				Linda K. Breathitt	Management	Yes	For	With
				Lanny D. Greer	Management	Yes	For	With
	DGAS			Ratify Appt - Deloitte & Touche LLP as Independent Registered Public Accounting Firm	Management	Yes	For	With
Dominion Resources, Inc.	D	25746U109	5/12/2011	Election of Directors
				William P. Barr	Management	Yes	For	With
				Peter W. Brown	Management	Yes	For	With
				George A. Davidson, Jr.	Management	Yes	For	With
				Helen E. Dragas	Management	Yes	For	With
				Thomas F. Farrell II	Management	Yes	For	With
				John W. Harris	Management	Yes	For	With
				Robert S. Jepson, Jr.	Management	Yes	For	With
				Mark J. Kington	Management	Yes	For	With
				Margaret A. McKenna	Management	Yes	For	With
				Frank S. Royal	Management	Yes	For	With
				Robert H. Spilman, Jr.	Management	Yes	For	With
				David A. Wollard	Management	Yes	For	With
	D			Ratify Appointment of Independent Auditors for 2011	Management	Yes	For	With
	D			Advisory Vote on executive compensation	Management	Yes	For	With
	D			Advisory Vote on the Frequency of Say on Pay Vote	Management	Yes	1 year	With
	D			Report Related to Use of Mountaintop Removal Coal Mining	Shareholder	Yes	Against	With
	D			20% Renewable Electricity Energy Generation by 2024	Shareholder	Yes	Against	With
	D			Report on Financial Risks of Continued Reliance on Coal	Shareholder	Yes	Against	With
	D			New Nuclear Construction	Shareholder	Yes	Against	With
	D			Policy for Independent Chairman of the Board	Shareholder	Yes	Against	With
	D			Shareholder Action by Written Consent	Shareholder	Yes	Against	With
	D			Executive Supplemental Retirement Benefits	Shareholder	Yes	Against	With
DTE Energy Company	DTE	233331107	5/5/2011	Election of Directors
				Lillian Bauder	Management	Yes	For	With
				W. Frank Fountain, Jr.	Management	Yes	For	With
				Mark A. Murray	Management	Yes	For	With
				Josue Robles, Jr.	Management	Yes	For	With
				James H. Vandenberghe	Management	Yes	For	With
				David A. Brandon	Management	Yes	For	With
	DTE			Independent Accounting Firm PriceWaterhouse Coopers LLP	Management	Yes	For	With
	DTE			Executive Compensation	Management	Yes	For	With
	DTE			Frequency of Executive Compensation Votes	Management	Yes	1 yr	Against
	DTE			Board Declassification	Management	Yes	For	With
	DTE			Political Contributions	Shareholder	Yes	Against	With
Duke Energy Corporation	DUK	26441C105	5/5/2011	Election of Directors
				William Barnet III	Management	Yes	For	With
				Alex Bernhardt, Sr.	Management	Yes	For	With
				Michael G. Browning	Management	Yes	For	With
				Daniel R. Dimicco	Management	Yes	For	With
				John H. Forsgren	Management	Yes	For	With
				Ann Maynard Gray	Management	Yes	For	With
				James H. Hance, Jr.	Management	Yes	For	With
				E. James Reinsch	Management	Yes	For	With
				James T. Rhodes	Management	Yes	For	With
				James E. Rogers	Management	Yes	For	With
				Philip R. Sharp	Management	Yes	For	With
	DUK			Ratification of Deloitte & Touche as Duke Energy Corporation's Independent Public Accountant for 2011	Management	Yes	For	With
	DUK			Advisory Vote on executive compensation	Management	Yes	For	With
	DUK			Advisory Vote on the Frequency of an Advisory Vote on Executive Compensation	Management	Yes	1 yr	With
	DUK			Preparation of a Report on Duke Energy Corporation's Global Warming-Related Lobbying Activities	Shareholder	Yes	Against	With
	DUK			Issuance of a Report on the Financial Risks of Continued Reliance on Coal	Shareholder	Yes	Against	With
	DUK			Amendment to organizational documents to require mandatory voting for the election of directors	Shareholder	Yes	Against	With
Exelon Corporation	EXC	30161N101	5/3/2011	Election of Directors
				John A. Canning, Jr.	Management	Yes	For	With
				M. Walter D'Alessio	Management	Yes	For	With
				Nicholas DeBenedictis	Management	Yes	For	With
				Nelson A. Diaz	Management	Yes	For	With
				Sue L. Gin	Management	Yes	For	With
				Rosemarie B. Greco	Management	Yes	For	With
				Paul L. Joskow	Management	Yes	For	With
				Richard W. Mies	Management	Yes	For	With
				John M. Palms	Management	Yes	For	With
				Willliam C. Richardson	Management	Yes	For	With
				Thomas J. Ridge	Management	Yes	For	With
				John W. Rogers, Jr.	Management	Yes	For	With
				John W. Rowe	Management	Yes	For	With
				Stephen D. Steinour	Management	Yes	For	With
				Don Thompson	Management	Yes	For	With
	EXC			Ratification of PriceWaterhouse Coopers LLP as Exelon's Independent Accountant for the year 2011	Management	Yes	For	With
	EXC			Advisory Vote on executive compensation	Management	Yes	For	With
	EXC			Advisory Vote on the frequency of advisory votes on executive compensation	Management	Yes	1 year	With
Exxon Mobil Corporation	XOM	30231G102	5/25/2011	Election of Directors
				M. J. Boskin	Management	Yes	For	With
				P. Brabeck-Letmathe	Management	Yes	For	With
				L. R. Faulkner	Management	Yes	For	With
				J. S. Fishman	Management	Yes	For	With
				K. C. Frazier	Management	Yes	For	With
				W. W. George	Management	Yes	For	With
				M. C. Nelson	Management	Yes	For	With
				S. J. Palmisano	Management	Yes	For	With
				S. S. Reinemund	Management	Yes	For	With
				R. W. Tillerson	Management	Yes	For	With
				E. E. Whitacre, Jr.	Management	Yes	For	With
	XOM			Ratification of Independent Auditors	Management	Yes	For	With
	XOM			Advisory Vote on Executive Compensation	Management	Yes	For	With
	XOM			Frequency of Advisory Vote on Executive Compensation	Management	Yes	1 year	Against
	XOM			Independent Chairman	Shareholder	Yes	Against	With
	XOM			Report on Political Contributions	Shareholder	Yes	Against	With
	XOM			Amendment of EEO Policy	Shareholder	Yes	Against	With
	XOM			Policy on Water	Shareholder	Yes	Against	With
	XOM			Report on Canadian Oil Sands	Shareholder	Yes	Against	With
	XOM			Report on Natural Gas Production	Shareholder	Yes	Against	With
	XOM			Report on Energy Technology	Shareholder	Yes	Against	With
	XOM			Greenhouse Gas Emissions Goals	Shareholder	Yes	Against	With
FirstEnergy Corp.	FE	337932107	5/17/2011	Election of Directors
				Paul T. Addison	Management	Yes	For	With
				Anthony J. Alexander	Management	Yes	For	With
				Michael J. Anderson	Management	Yes	For	With
				Dr. Carol A. Cartwright	Management	Yes	For	With
				William T. Cottle	Management	Yes	For	With
				Robert B. Heisler, Jr.	Management	Yes	For	With
				Julia L. Johnson	Management	Yes	For	With
				Ted J. Kleisner	Management	Yes	For	With
				Ernest J. Novak, Jr.	Management	Yes	For	With
				Catherine A. Rein	Management	Yes	For	With
				George M. Smart	Management	Yes	For	With
				Wes M. Taylor	Management	Yes	For	With
				Jesse T. Williams, Sr.	Management	Yes	For	With
	FE			Ratification of the Appointment of the Independent Registered Public Accounting Firm	Management	Yes	For	With
	FE			Reduce the Percentage of Shares Required to Call a Special Meeting of Shareholders	Management	Yes	For	With
	FE			Approval of an Advisory Vote on Executive Compensation	Management	Yes	For	With
	FE			Advisory Vote on Frequency of Future Votes on Executive Compensation	Management	Yes	1 yr	With
	FE			Report on Coal Combustion Waste	Shareholder	Yes	Against	With
	FE			Lower Percentage Required for Shareholder Action by Written Consent	Shareholder	Yes	Against	With
	FE			Adopt a Majority Vote Standard for the Election of Directors	Shareholder	Yes	Against	With
	FE			Report on Financial Risks of Reliance on Coal	Shareholder	Yes	Against	With
Frontier Communications Corp	FTR	35906A108	5/12/2011	Election of Directors
				Leroy T. Barnes, Jr.	Management	Yes	For	With
				Peter C. B. Bynoe	Management	Yes	For	With
				Jeri B. Finard	Management	Yes	For	With
				Edward Fraioli	Management	Yes	For	With
				James S. Kahan	Management	Yes	For	With
				Pamela D. A. Reeve	Management	Yes	For	With
				Howard L. Schrott	Management	Yes	For	With
				Larraine D. Segil	Management	Yes	For	With
				Mark Shapiro	Management	Yes	For	With
				Myron A. Wick, III	Management	Yes	For	With
				Mary Agnes Wilderotter	Management	Yes	For	With
	FTR			Advisory Proposal on Executive Compensation	Management	Yes	For	With
	FTR			Advisory Proposal on the Frequency of the Executive Compensation Advisory Proposal	Management	Yes	1 yr	With
	FTR			To Consider and Vote Upon a Stockholder Proposal, if Presented at the Meeting	Shareholder	Yes	Against	With
	FTR			To Ratify the Selection of KPMG LLP as our Independent Registered Public Accounting Firm for 2011	Management	Yes	For	With
Great Plains Energy Incorporated	GXP	391164100	5/3/2011	Election of Directors
				D. L. Bodde	Management	Yes	For	With
				M. J. Chesser	Management	Yes	For	With
				W. H. Downey	Management	Yes	For	With
				R. C. Ferguson, Jr.	Management	Yes	For	With
				G. D. Forsee	Management	Yes	For	With
				J. A. Mitchell	Management	Yes	For	With
				W. C. Nelson	Management	Yes	For	With
				J. J. Sherman	Management	Yes	For	With
				L. H. Talbott	Management	Yes	For	With
				R. H. West	Management	Yes	For	With
	GXP			Advisory Vote on Executive Compensation	Management	Yes	For	With
	GXP			To Recommend, by Non-Binding Vote, the Frequency of the Advisory Vote on Executive Compensation	Management	Yes	1 yr	With
	GXP			Approval of the Amended Long-Term Incentive Plan	Management	Yes	For	With
	GXP			Ratification of Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accountants for 2011	Management	Yes	For	With
Integrys Energy Group, Inc.	TEG	45822P105	5/11/2011	Election of Directors
				Keith E. Bailey	Management	Yes	For	With
				William J. Brodsky	Management	Yes	For	With
				Albert J. Budney, Jr.	Management	Yes	For	With
				Pastora San Juan Cafferty	Management	Yes	For	With
				Ellen Carnahan	Management	Yes	For	With
				Michelle L. Collins	Management	Yes	For	With
				Kathryn M. Hasselblad-Pascale	Management	Yes	For	With
				John W. Higgins	Management	Yes	For	With
				James L. Kemerling	Management	Yes	For	With
				Michael E. Lavin	Management	Yes	For	With
				William F. Protz, Jr.	Management	Yes	For	With
				Charles A. Schrock	Management	Yes	For	With
	TEG			Approval of a Non-Binding Advisory Resolution on the Compensation of Named Excecutive Officers	Management	Yes	For	With
	TEG			Approval of a Non-Binding Advisory Vote Regarding the Frequency of Future Advisory Votes Related to the Compensation of Named Excecutive Officers	Management	Yes	1 Year	With
	TEG			Ratification selection of Deloitte & Touche LLP	Management	Yes	For	With
JPMorgan Chase & Co.	JPM	46625H100	5/17/2011	Election of Directors
				Crandall C. Bowles	Management	Yes	For	With
				Stephen B. Burke	Management	Yes	For	With
				David M. Cote	Management	Yes	For	With
				James S. Crown	Management	Yes	For	With
				James Dimon	Management	Yes	For	With
				Ellen V. Futter	Management	Yes	For	With
				William H. Gray, III	Management	Yes	For	With
				Laban P. Jackson, Jr.	Management	Yes	For	With
				David C. Novak	Management	Yes	For	With
				Lee R. Raymond	Management	Yes	For	With
				William C. Weldon	Management	Yes	For	With
	JPM			Appointment of Independent Registered Public Accounting Firm	Management	Yes	For	With
	JPM			Advisory Vote on Executive Compensation	Management	Yes	For	With
	JPM			Advisory Vote on Frequency of Advisory Vote on Executive Compensation	Management	Yes	1 Year	With
	JPM			Approval of Amendment to Long-Term Incentive Plan	Management	Yes	For	With
	JPM			Political Non-Partisanship	Shareholder	Yes	Against	With
	JPM			Shareholder Action by Written Consent	Shareholder	Yes	Against	With
	JPM			Mortgage Loan Servicing	Shareholder	Yes	Against	With
	JPM			Political Contributions	Shareholder	Yes	Against	With
	JPM			Genocide-Free Investing	Shareholder	Yes	Against	With
	JPM			Independent Lead Director	Shareholder	Yes	Against	With
Kimberly-Clark Corporation	KMB	494368103	4/21/2011	Election of Directors
				John R. Alm	Management	Yes	For	With
				John F. Bergstrom	Management	Yes	For	With
				Abelardo E. Bru	Management	Yes	For	With
				Robert W. Decherd	Management	Yes	For	With
				Thomas J. Falk	Management	Yes	For	With
				Mae C. Jemison, M.D.	Management	Yes	For	With
				James M. Jenness	Management	Yes	For	With
				Nancy J. Karch	Management	Yes	For	With
				Ian C. Read	Management	Yes	For	With
				Linda Johnson Rice	Management	Yes	For	With
				Marc J. Shapiro	Management	Yes	For	With
				G. Craig Sullivan	Management	Yes	For	With
	KMB			Raification of Auditors	Management	Yes	For	With
	KMB			Approval of the 2011 Outside Directors' Compensation Plan	Management	Yes	For	With
	KMB			Approval of the 2011 Equity Participation Plan	Management	Yes	For	With
	KMB			Advisory Vote on Executive Compensation Program	Management	Yes	For	With
	KMB			Advisory Vote on the Frequency of an Advisory Vote on Executive Compensation	Management	Yes	1 Year	With
New Jersey Resources Corporation	NJR	646025106	1/26/2011	Election of Directors
				Jane M. Kenny	Management	Yes	For	With
				David A. Trice	Management	Yes	For	With
	NJR			Non-Binding Advisory Resolution Approving the Compensation of Named Executive Officers	Management	Yes	For	With
	NJR			Frequency of the Non-Binding Advisory Vote as to the Frequency of the Non-Binding Shareholder Vote to Approve the Compensation of Named Executive Officers	Management	Yes	1 Year	With
	NJR			Ratify the Appointment of Deloitte & Touche LLP as Independent Registered Public Accounting Firm for the Fiscal Year Ending September 30, 2011	Management	Yes	For	With
Nextera Energy, Inc.	NEE	65339F101	5/20/2011	Election of Directors
				Sherry S. Barrat	Management	Yes	For	With
				Robert M. Beall, II	Management	Yes	For	With
				J. Hyatt Brown	Management	Yes	For	With
				James L. Camaren	Management	Yes	For	With
				Kenneth B. Dunn	Management	Yes	For	With
				J. Brain Ferguson	Management	Yes	For	With
				Lewis Hay, III	Management	Yes	For	With
				Toni Jennings	Management	Yes	For	With
				Oliver D. Kingsley, Jr.	Management	Yes	For	With
				Rudy E. Schupp	Management	Yes	For	With
				William H. Swanson	Management	Yes	For	With
				Michael H. Thaman	Management	Yes	For	With
				Hansel E. Tookes, II	Management	Yes	For	With
	NEE			Ratification of Appointment of Deloitte & Touche LLP as Independent Registered Public Accounting Firm for 2011	Management	Yes	For	With
	NEE			Approval of 2011 Long Term Incentive Plan	Management	Yes	For	With
	NEE			Approval, by Non-Binding Vote, of Compensation of Named Executive Officers	Management	Yes	For	With
	NEE			Non-Binding Advisory Note on Whether Nextera Energy Should Hold a Non-Binding Shareholder Advisory Vote to Approve Compensation of its Named Executive Officers Every 1, 2, or 3 Years	Management	Yes	1 yr	With
Northwest Natural Gas Company	NWN	667655104	5/26/2011	Election of Directors
				M. L. "Stormy" Byorum	Management	Yes	For	With
				John D. Carter	Management	Yes	For	With
				C. Scott Gibson	Management	Yes	For	With
				Gregg S. Kantor	Management	Yes	For	With
	NWN			Reapproval and Amendment of the Long Term Incentive Plan to Reserve an Additional 100,000 Shares of Common Stock for the Plan	Management	Yes	For	With
	NWN			Approval of the Compensation of the Named Executive Officers, as an Advisory Note	Management	Yes	For	With
	NWN			Frequency of Future Votes on Executive Compensation, as an Advisory Note	Management	Yes	1 Yr	Against
	NWN			Ratification of Appointment of PriceWaterhouse Coopers LLP as Independent Registered Public Accountants for the Fiscal Year 2011	Management	Yes	For	With
Pitney Bowes Inc.	PBI	724479100	5/9/2011	Election of Directors
				Rodney C. Adkins	Management	Yes	For	With
				Murray D. Martin	Management	Yes	For	With
				Michael I. Roth	Management	Yes	For	With
				Robert E. Weissman	Management	Yes	For	With
	PBI			Raification of the Audit Committee's Appointment of the Independent Accountants for 2011	Management	Yes	For	With
	PBI			Amendments to the Restated Certificate of Incorporation and Amended and Restated By-Laws to Remove Supermajority Vote Requirements for the Following Actions:
				Removing any director from office	Management	Yes	For	With
				Certain business combinations	Management	Yes	For	With
				Amending certain provisions of the Certificate	Management	Yes	For	With
				Amending certain provisions of the By-Laws	Management	Yes	For	With
	PBI			Advisory Vote on Executive Compensation	Management	Yes	For	With
	PBI			Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation	Management	Yes	1 Year	With
	PBI			Approval of the Material Terms of the Performance Goals Pursuant to IRC Section 162(m) for the Following Incentive Plans:	Management	Yes	For	With
				Pitney Bowes Inc. Key Employees Incentive Plan	Management	Yes	For	With
				Pitney Bowes Inc. Stock Plan	Management	Yes	For	With
PPL Corporation	PPL	69351T106	5/18/2011	Election of Directors
				Frederick M. Bernthal	Management	Yes	For	With
				John W. Conway	Management	Yes	For	With
				Steven G. Elliott	Management	Yes	For	With
				Loiuse K. Goeser	Management	Yes	For	With
				Stuart E. Graham	Management	Yes	For	With
				Stuart Heydt	Management	Yes	For	With
				James H. Miller	Management	Yes	For	With
				Craig A. Rogerson	Management	Yes	For	With
				Natica von Althann	Management	Yes	For	With
				Keith W. Williamson	Management	Yes	For	With
	PPL			Approval of the Short-Term Incentive Plan	Management	Yes	For	With
	PPL			Ratification of the Appointment of the Independent Registered Public Accounting Firm	Management	Yes	For	With
	PPL			Advisory Vote on Executive Compensation	Management	Yes	For	With
	PPL			Advisory Vote on the Frequency of Future Executive Compensation Votes	Management	Yes	1 Yr	With
	PPL			Director Election Majorty Vote Standard Proposal	Shareholder	Yes	Against	With
	PPL			Special Shareholder Meetings	Shareholder	Yes	Against	With
Progress Energy, Inc.	PGN	743263105	5/11/2011	Election of Directors
				John D. Baker, II	Management	Yes	For	With
				James E. Bostic, Jr.	Management	Yes	For	With
				Harris E. DeLoach, Jr.	Management	Yes	For	With
				James B. Hyler, Jr.	Management	Yes	For	With
				William D. Johnson	Management	Yes	For	With
				Robert W. Jones	Management	Yes	For	With
				W. Steven Jones	Management	Yes	For	With
				Melquiades R. Martinez	Management	Yes	For	With
				E. Marie McKee	Management	Yes	For	With
				John H. Mullin, II	Management	Yes	For	With
				Charles W. Pryor, Jr.	Management	Yes	For	With
				Carlos A. Saladrigas	Management	Yes	For	With
				Theresa M. Stone	Management	Yes	For	With
				Alfred C. Tollison, Jr.	Management	Yes	For	With
	PGN			An advisory (nonbinding) vote to approve executive compensation	Management	Yes	For	With
	PGN			To recommend, by an advisory (non-binding) vote, the frequency of shareholder votes on executive compensation	Management	Yes	1 Year	With
	PGN			Ratification of the selection of Deloitte & Touche LLP as independent registered public accounting firm for 2011	Management	Yes	For	With
Public Service Enterprise Group Inc.	PEG	744573106	4/19/2011	Election of Directors
				Albert R. Gamper, Jr.	Management	Yes	For	With
				Conrad K. Harper	Management	Yes	For	With
				William V. Hickey	Management	Yes	For	With
				Ralph Izzo	Management	Yes	For	With
				Shirley Ann Jackson	Management	Yes	Against	Against
				David Lilley	Management	Yes	For	With
				Thomas A. Renyi	Management	Yes	For	With
				Hak Cheol Shin	Management	Yes	For	With
				Richard J. Swift	Management	Yes	For	With
	PEG			Advisory Vote on Executive Compensation	Management	Yes	For	With
	PEG			Advisory Vote on Frequency of Advisory Vote on Executive Compensation	Management	Yes	1 Yr	With
	PEG			Ratification of the Appointment of Deloitte & Touche LLP as Independent Auditor for the Year 2011	Management	Yes	For	With
Sempra Energy	SRE	816851109	5/13/2011	Election of Directors
				Alan L. Boeckmann	Management	Yes	For	With
				James G. Brocksmith, Jr.	Management	Yes	For	With
				Donald E. Felsinger	Management	Yes	For	With
				Wilford D. Godbold, Jr.	Management	Yes	For	With
				William D. Jones	Management	Yes	For	With
				William G. Ouchi	Management	Yes	For	With
				Carlos Ruiz	Management	Yes	For	With
				William C. Rusnack	Management	Yes	For	With
				William P. Rutledge	Management	Yes	For	With
				Lynn Schenk	Management	Yes	For	With
				Neal E. Schmale	Management	Yes	For	With
				Luis M. Téllez	Management	Yes	For	With
	SRE			Ratification of Independent Registered Public Accounting Firm	Management	Yes	For	With
	SRE			Advisory Vote on Executive Compensation	Management	Yes	For	With
	SRE			Advisory Vote on the Frequency of Advisory Votes on Executive Compensation	Management	Yes	1 Year	With
	SRE			Allow Shareholder Action by Written Consent	Shareholder	Yes	Against	With
	SRE			Retirement Benefits	Shareholder	Yes	Against	With
	SRE			Sustainability	Shareholder	Yes	Against	With
The PNC Financial Services Group, Inc.	PNC	693475105	4/26/2011	Election of Directors
				Richard O. Berndt	Management	Yes	For	With
				Charles E. Bunch	Management	Yes	For	With
				Paul W. Chellgren	Management	Yes	For	With
				Kay Coles James	Management	Yes	For	With
				Richard B. Kelson	Management	Yes	For	With
				Bruce C. Lindsay	Management	Yes	For	With
				Anthony A. Massaro	Management	Yes	For	With
				Jane G. Pepper	Management	Yes	For	With
				James E. Rohr	Management	Yes	For	With
				Donald J. Shepard	Management	Yes	For	With
				Lorene K. Steffes	Management	Yes	For	With
				Dennis F. Strigl	Management	Yes	For	With
				Thomas J. Usher	Management	Yes	For	With
				George H. Walls, Jr.	Management	Yes	For	With
				Helge H. Wehmeier	Management	Yes	For	With
	PNC			Ratification of Audit Committee's selection of PricewaterhouseCoopers LLP as PNC's independent registered public accounting firm for 2011	Management	Yes	For	With
	PNC			Approval of 2006 Incentive Award Plan Terms	Management	Yes	For	With
	PNC			Approval of an Advisory Vote on executive compensation	Management	Yes	For	With
	PNC			Recommendation for the frequency of future advisory votes on executive compensation	Management	Yes	1 Year	With
Spectra Energy Corp.	SE	847560109	4/19/2011	Election of Directors
				William T. Esrey	Management	Yes	For	With
				Gregory L. Ebel	Management	Yes	For	With
				Austin A. Adams	Management	Yes	For	With
				Paul M. Anderson	Management	Yes	For	With
				Pamela L. Carter	Management	Yes	For	With
				F. Anthony Comper	Management	Yes	For	With
				Peter B. Hamilton	Management	Yes	For	With
				Dennis R. Hendrix	Management	Yes	For	With
				Michael McShane	Management	Yes	For	With
				Joseph H. Netherland	Management	Yes	For	With
				Michael E. J. Phelps	Management	Yes	For	With
	SE			Ratification of the Appointment of Deloitte & Touche LLP as Independent Registered Public Account Firm for Fiscal Year 2011	Management	Yes	For	With
	SE			Approval of the 2007 Long-Term Incentive Plan, as amended and restated	Management	Yes	For	With
	SE			Approval of Executive Short-Term Incentive Plan, as ameded and restated	Management	Yes	For	With
	SE			Advisory Vote on Executive Compensation	Management	Yes	For	With
	SE			Advisory Vote on the Frequency of Holding an Advisory Vote on Executive Compensation	Management	Yes	1 Yr	Against
	SE			Director Election Majorty Vote Standard	Shareholder	Yes	Against	With
Sunoco, Inc.	SUN	86764P109	5/5/2011	Election of Directors
				C. C. Casciato	Management	Yes	For	With
				G. W. Edwards	Management	Yes	For	With
				L. L. Eslenhans	Management	Yes	For	With
				U. O. Fairbairn	Management	Yes	For	With
				J. P. Jones, III	Management	Yes	For	With
				J. G. Kaiser	Management	Yes	For	With
				J. W. Rowe	Management	Yes	For	With
				J. K. Wulff	Management	Yes	For	With
	SUN			Ratification of the Appointment of Ernst & Young LLP as Independent Registered Public Accounting Firm for the Fiscal Year 2011	Management	Yes	For	With
	SUN			Advisory Vote on Executive Compensation	Management	Yes	For	With
	SUN			Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation	Management	Yes	1 yr	With
	SUN			Equity Awards	Shareholder	Yes	Against	With
The Southern Company	SO	842587107	5/25/2011	Election of Directors
				J. P. Baranco	Management	Yes	For	With
				J. A. Boscia	Management	Yes	For	With
				H. A. Clark, III	Management	Yes	For	With
				T. A. Fanning	Management	Yes	For	With
				H. W. Habermeyer, Jr.	Management	Yes	For	With
				V. M. Hagen	Management	Yes	For	With
				W. A. Hood, Jr.	Management	Yes	For	With
				D. M. James	Management	Yes	For	With
				D. E. Klein	Management	Yes	For	With
				J. N. Purcell	Management	Yes	For	With
				W. G. Smith, Jr.	Management	Yes	For	With
				S. R. Specker	Management	Yes	For	With
				L. D. Thompson	Management	Yes	For	With
	SO			Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for 2011	Management	Yes	For	With
	SO			Advisory Vote on Executive Compensation	Management	Yes	For	With
	SO			Advisory Vote on the Frequency of Vote on Executive Compensation	Management	Yes	1 YR	With
	SO			Approval of Omnibus Incentive Compensation Plan	Management	Yes	For	With
	SO			Coal Combustion ByProducts Environmental Report	Shareholder	Yes	Against	With
Wal-Mart Stores, Inc.	WMT	931142103	6/3/2011	Election of Directors
				Aida M. Alvarez	Management	Yes	For	With
				James W. Breyer	Management	Yes	For	With
				M. Michele Burns	Management	Yes	For	With
				James I. Cash, Jr.	Management	Yes	For	With
				Roger C. Corbett	Management	Yes	For	With
				Douglas N. Daft	Management	Yes	For	With
				Michael T. Duke	Management	Yes	For	With
				Gregory B. Penner	Management	Yes	For	With
				Steven S. Reinemund	Management	Yes	For	With
				H. Lee Scott, Jr.	Management	Yes	For	With
				Arne M. Sorenson	Management	Yes	For	With
				Jim C. Walton	Management	Yes	For	With
				S. Robson Walton	Management	Yes	For	With
				Christopher J. Williams	Management	Yes	For	With
				Linda S. Wolf	Management	Yes	For	With
	WMT			Ratification of Ernst & Young LLP as Independent Accountants	Management	Yes	For	With
	WMT			Advisory Vote on Executive Compensation	Management	Yes	For	With
	WMT			Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation	Management	Yes	1 Year	With
	WMT			Gender Identity Non-Discrimination Policy	Shareholder	Yes	Against	With
	WMT			Political Contributions Report	Shareholder	Yes	Against	With
	WMT			Special Shareowner Meetings	Shareholder	Yes	Against	With
	WMT			Require Supplier(s) to Publish an Annual Sustainability Report	Shareholder	Yes	Against	With
	WMT			Climate Change Risk Disclosure	Shareholder	Yes	Against	With
WGL Holdings, Inc.	WGL	92924F106	3/3/2011	Election of Directors
				Michael D. Barnes	Management	Yes	For	With
				George P. Clancy, Jr.	Management	Yes	For	With
				James W. Dyke, Jr.	Management	Yes	For	With
				Melvyn J. Estrin	Management	Yes	For	With
				James F. LaFond	Management	Yes	For	With
				Debra L. Lee	Management	Yes	For	With
				Terry D. McCallister	Management	Yes	For	With
	WGL			Ratify the Appointment of Deloitte & Touche LLP as Independent Registered Public Accountants for Fiscal Year 2011	Management	Yes	For	With
	WGL			Provide Cumulative Voting in the Election of Directors	Management	Yes	Against	With
	WGL			Approve, by Non-Binding Vote, Compensation Paid to Certain Executive Officers	Management	Yes	For	With
	WGL			Recommend, by Non-Binding Vote, the Frequency of Executive Compensation Votes	Management	Yes	1 YR	With

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Copley Fund, Inc.

By: /s/ Irving Levine

President

Date: August 26, 2011

Copley Fund N-PXAnnual report of proxy voting record