UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD
OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
INVESTMENT COMPANY ACT FILE NUMBER: 811-3916
NAME OF REGISTRANT: VANGUARD SPECIALIZED FUNDS
ADDRESS OF REGISTRANT: PO BOX 2600, VALLEY FORGE, PA 19482
NAME AND ADDRESS OF AGENT FOR SERVICE: HEIDI STAM
PO BOX 876
VALLEY FORGE, PA 19482
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (610) 669-1000
DATE OF FISCAL YEAR END: JANUARY 31
DATE OF REPORTING PERIOD: JULY 1, 2014 - JUNE 30, 2015
FUND: VANGUARD REIT INDEX FUND
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ISSUER: Acadia Realty Trust
TICKER: AKR CUSIP: 004239109
MEETING DATE: 5/27/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR KENNETH F. BERNSTEIN ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR DOUGLAS CROCKER, II ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR LORRENCE T. KELLAR ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR WENDY LUSCOMBE ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR WILLIAM T. SPITZ ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR LEE S. WIELANSKY ISSUER YES FOR FOR
PROPOSAL #2: RATIFY BDO USA, LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
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ISSUER: AGREE REALTY CORPORATION
TICKER: ADC CUSIP: 008492100
MEETING DATE: 5/4/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR RICHARD AGREE ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JOHN RAKOLTA, JR. ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JEROME ROSSI ISSUER YES FOR FOR
PROPOSAL #2: RATIFY GRANT THORNTON LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: AMEND STOCK OWNERSHIP LIMITATIONS ISSUER YES FOR FOR
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ISSUER: Alexander's, Inc.
TICKER: ALX CUSIP: 014752109
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR DAVID MANDELBAUM ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR ARTHUR I. SONNENBLICK ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR RICHARD R. WEST ISSUER YES FOR FOR
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
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ISSUER: Alexandria Real Estate Equities, Inc.
TICKER: ARE CUSIP: 015271109
MEETING DATE: 5/7/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JOEL S. MARCUS ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR RICHARD B. JENNINGS ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JOHN L. ATKINS, III ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR MARIA C. FREIRE ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR STEVEN R. HASH ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR RICHARD H. KLEIN ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR JAMES H. RICHARDSON ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
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ISSUER: American Assets Trust, Inc.
TICKER: AAT CUSIP: 024013104
MEETING DATE: 6/16/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JOHN W. CHAMBERLAIN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR LARRY E. FINGER ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR DUANE A. NELLES ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR THOMAS S. OLINGER ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR ERNEST S. RADY ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR ROBERT S. SULLIVAN ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
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ISSUER: American Campus Communities, Inc.
TICKER: ACC CUSIP: 024835100
MEETING DATE: 5/7/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR WILLIAM C. BAYLESS, JR. ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR R.D. BURCK ISSUER �� YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR G. STEVEN DAWSON ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR CYDNEY C. DONNELL ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR DENNIS G. LOPEZ ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR EDWARD LOWENTHAL ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR OLIVER LUCK ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR C. PATRICK OLES, JR. ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR WINSTON W. WALKER ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
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ISSUER: American Homes 4 Rent
TICKER: AMH CUSIP: 02665T306
MEETING DATE: 5/7/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR B. WAYNE HUGHES ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DAVID P. SINGELYN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JOHN CORRIGAN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR DANN V. ANGELOFF ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR MATTHEW J. HART ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JAMES H. KROPP ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR LYNN SWANN ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR KENNETH M. WOOLLEY ISSUER YES FOR FOR
PROPOSAL #2: RATIFY BDO USA, LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: ADVISORY VOTE ON SAY ON PAY FREQUENCY ISSUER YES ONE YEAR FOR
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ISSUER: American Realty Capital Healthcare Trust, Inc.
TICKER: HCT CUSIP: 02917R108
MEETING DATE: 1/15/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: APPROVE MERGER AGREEMENT ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE ON GOLDEN PARACHUTES ISSUER YES AGAINST AGAINST
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ISSUER: American Residential Properties, Inc.
TICKER: ARPI CUSIP: 02927E303
MEETING DATE: 5/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR STEPHEN G. SCHMITZ ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR LAURIE A. HAWKES ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR DOUGLAS N. BENHAM ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR DAVID M. BRAIN ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR KEITH R. GUERICKE ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR TODD W. MANSFIELD ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
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ISSUER: APARTMENT INVESTMENT AND MANAGEMENT COMPANY
TICKER: AIV CUSIP: 03748R101
MEETING DATE: 4/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JAMES N. BAILEY ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR TERRY CONSIDINE ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR THOMAS L. KELTNER ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR J. LANDIS MARTIN ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR ROBERT A. MILLER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR KATHLEEN M. NELSON ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR MICHAEL A. STEIN ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: APPROVE OMNIBUS STOCK PLAN ISSUER YES FOR FOR
PROPOSAL #5: AMEND STOCK OWNERSHIP LIMITATIONS ISSUER YES FOR FOR
PROPOSAL #6: ADOPT PROXY ACCESS RIGHT SHAREHOLDER YES AGAINST FOR
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ISSUER: Ashford Hospitality Prime, Inc.
TICKER: AHP CUSIP: 044102101
MEETING DATE: 5/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MONTY J. BENNETT ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DOUGLAS A. KESSLER ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR STEFANI D. CARTER ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR CURTIS B. MCWILLIAMS ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR W. MICHAEL MURPHY ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR MATTHEW D. RINALDI ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR ANDREW L. STRONG ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: AMEND OMNIBUS STOCK PLAN ISSUER YES FOR FOR
PROPOSAL #4: AMEND CHARTER TO REMOVE ARTICLE VII, ISSUER YES FOR FOR
SECTION 6 WHICH WILL PERMIT BOTH THE DIRECTORS AND
STOCKHOLDERS TO FILL A VACANCY ON THE BOARD OF
DIRECTORS
PROPOSAL #5: APPROVE AN AMENDMENT TO THE BYLAWS WHICH ISSUER YES AGAINST AGAINST
REQUIRE THAT ONLY STOCKHOLDERS WHO HAVE OWNED AT
LEAST 1% OF THE OUTSTANDING COMMON STOCK CONTINUOUSLY
FOR AT LEAST ONE YEAR MAY NOMINATE DIRECTOR
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ISSUER: Ashford Hospitality Trust, Inc.
TICKER: AHT CUSIP: 044103109
MEETING DATE: 11/14/2014 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: CONSENT TO REQUEST SPECIAL MEETING SHAREHOLDER NO N/A N/A
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ISSUER: Ashford Hospitality Trust, Inc.
TICKER: AHT CUSIP: 044103109
MEETING DATE: 12/19/2014 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: REVOKE CONSENT TO REQUEST SPECIAL SHAREHOLDER NO N/A N/A
MEETING
PROPOSAL #1: CONSENT TO REQUEST SPECIAL MEETING SHAREHOLDER NO N/A N/A
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ISSUER: Ashford Hospitality Trust, Inc.
TICKER: AHT CUSIP: 044103109
MEETING DATE: 5/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MONTY BENNETT ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR BENJAMIN J. ANSELL ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR THOMAS E. CALLAHAN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR AMISH GUPTA ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR KAMAL JAFARNIA ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR PHILIP S. PAYNE ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR ALAN L. TALLIS ISSUER YES FOR FOR
PROPOSAL #2: ADOPT MAJORITY VOTING FOR UNCONTESTED ISSUER YES FOR FOR
ELECTION OF DIRECTORS
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #4: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES AGAINST AGAINST
OFFICERS' COMPENSATION
PROPOSAL #5: APPROVE AN AMENDMENT TO THE BYLAWS WHICH ISSUER YES AGAINST AGAINST
REQUIRE THAT ONLY STOCKHOLDERS WHO HAVE OWNED AT
LEAST 1% OF THE OUTSTANDING COMMON STOCK CONTINUOUSLY
FOR AT LEAST ONE YEAR MAY NOMINATE DIRECTOR
PROPOSAL #1.1: MANAGEMENT NOMINEE - MONTY BENNETT SHAREHOLDER NO N/A N/A
PROPOSAL #1.2: MANAGEMENT NOMINEE - BENJAMIN J. SHAREHOLDER NO N/A N/A
ANSELL
PROPOSAL #1.3: MANAGEMENT NOMINEE - THOMAS E. SHAREHOLDER NO N/A N/A
CALLAHAN
PROPOSAL #1.4: MANAGEMENT NOMINEE - AMISH GUPTA SHAREHOLDER NO N/A N/A
PROPOSAL #1.5: MANAGEMENT NOMINEE - KAMAL JAFARNIA SHAREHOLDER NO N/A N/A
PROPOSAL #1.6: MANAGEMENT NOMINEE - PHILIP S. PAYNE SHAREHOLDER NO N/A N/A
PROPOSAL #1.7: MANAGEMENT NOMINEE - ALAN L. TALLIS SHAREHOLDER NO N/A N/A
PROPOSAL #2: ADOPT MAJORITY VOTING FOR UNCONTESTED ISSUER NO N/A N/A
ELECTION OF DIRECTORS
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER NO N/A N/A
PROPOSAL #4: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER NO N/A N/A
OFFICERS' COMPENSATION
PROPOSAL #5: APPROVE AN AMENDMENT TO THE BYLAWS WHICH ISSUER NO N/A N/A
REQUIRE THAT ONLY STOCKHOLDERS WHO HAVE OWNED AT
LEAST 1% OF THE OUTSTANDING COMMON STOCK CONTINUOUSLY
FOR AT LEAST ONE YEAR MAY NOMINATE DIRECTOR
PROPOSAL #6: PROVIDE SHAREHOLDER'S THE RIGHT TO SHAREHOLDER NO N/A N/A
INITIATE BYLAW AMENDMENTS
PROPOSAL #7: PROVIDE RIGHT TO CALL SPECIAL MEETING SHAREHOLDER NO N/A N/A
PROPOSAL #8: REQUIRE MAJORITY VOTING FOR FUTURE BOARD SHAREHOLDER NO N/A N/A
CLASSIFICATION
PROPOSAL #9: REQUIRE MAJORITY VOTING FOR FUTURE SHAREHOLDER NO N/A N/A
RIGHTS PLAN (POISON PILL)
PROPOSAL #10: PROVIDE CHAIRMAN/CEO HOLD NO SHAREHOLDER NO N/A N/A
PROPORTIONAL OWNERSHIP IN COMPANY'S ADVISOR
PROPOSAL #11: AMEND ADVISORY AGREEMENT SHAREHOLDER NO N/A N/A
PROPOSAL #12: BOARD TAKE NECESSARY STEPS TO ALLOW SHAREHOLDER NO N/A N/A
OPEN BIDDING FOR ALL HOTEL MANAGEMENT CONTRACTS
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ISSUER: Ashford Inc.
TICKER: AINC CUSIP: 044104107
MEETING DATE: 5/13/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JOHN MAULDIN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR GERALD J. REIHSEN, III ISSUER YES FOR FOR
PROPOSAL #2: DECLASSIFY THE BOARD OF DIRECTORS ISSUER YES FOR FOR
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #4: AMEND SHAREHOLDER RIGHTS PLAN (POISON ISSUER YES AGAINST AGAINST
PILL)
PROPOSAL #5: APPROVE AN AMENDMENT TO THE BYLAWS WHICH ISSUER YES AGAINST AGAINST
REQUIRE THAT ONLY STOCKHOLDERS WHO HAVE OWNED AT
LEAST 1% OF THE OUTSTANDING COMMON STOCK CONTINUOUSLY
FOR AT LEAST ONE YEAR MAY NOMINATE DIRECTOR
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ISSUER: AvalonBay Communities, Inc.
TICKER: AVB CUSIP: 053484101
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR GLYN F. AEPPEL ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR TERRY S. BROWN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR ALAN B. BUCKELEW ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR RONALD L. HAVNER, JR. ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR JOHN J. HEALY, JR. ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR TIMOTHY J. NAUGHTON ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR LANCE R. PRIMIS ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR PETER S. RUMMELL ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR H. JAY SARLES ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR W. EDWARD WALTER ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: PROXY ACCESS SHAREHOLDER YES AGAINST FOR
PROPOSAL #5: REQUIRE INDEPENDENT BOARD CHAIRMAN SHAREHOLDER YES AGAINST FOR
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ISSUER: Aviv REIT, Inc.
TICKER: AVIV CUSIP: 05381L101
MEETING DATE: 3/27/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: APPROVE MERGER AGREEMENT ISSUER YES FOR FOR
PROPOSAL #2: ADJOURN MEETING ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE ON GOLDEN PARACHUTES ISSUER YES FOR FOR
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ISSUER: BioMed Realty Trust, Inc.
TICKER: BMR CUSIP: 09063H107
MEETING DATE: 5/27/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ALAN D. GOLD ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DANIEL M. BRADBURY ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR WILLIAM R. BRODY ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR GARY A. KREITZER ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR THEODORE D. ROTH ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JANICE L. SEARS ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
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ISSUER: Boston Properties, Inc.
TICKER: BXP CUSIP: 101121101
MEETING DATE: 5/19/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR CAROL B. EINIGER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JACOB A. FRENKEL ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JOEL I. KLEIN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR DOUGLAS T. LINDE ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR MATTHEW J. LUSTIG ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR ALAN J. PATRICOF ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR IVAN G. SEIDENBERG ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR OWEN D. THOMAS ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR MARTIN TURCHIN ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR DAVID A. TWARDOCK ISSUER YES FOR FOR
PROPOSAL #1.11: ELECT DIRECTOR MORTIMER B. ZUCKERMAN ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
PROPOSAL #4: REQUIRE INDEPENDENT BOARD CHAIRMAN SHAREHOLDER YES AGAINST FOR
PROPOSAL #5: ADOPT PROXY ACCESS RIGHT SHAREHOLDER YES AGAINST FOR
PROPOSAL #6: LIMIT ACCELERATED VESTING SHAREHOLDER YES AGAINST FOR
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ISSUER: Brandywine Realty Trust
TICKER: BDN CUSIP: 105368203
MEETING DATE: 5/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR WALTER D'ALESSIO ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR CAROL G. CARROLL ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JAMES C. DIGGS ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR WYCHE FOWLER ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR MICHAEL J. JOYCE ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR ANTHONY A. NICHOLS, SR. ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR CHARLES P. PIZZI ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR GERARD H. SWEENEY ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
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ISSUER: Brixmor Property Group Inc.
TICKER: BRX CUSIP: 11120U105
MEETING DATE: 6/3/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MICHAEL A. CARROLL ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JOHN G. SCHREIBER ISSUER YES WITHHOLD AGAINST
PROPOSAL #1.3: ELECT DIRECTOR A.J. AGARWAL ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR MICHAEL BERMAN ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR ANTHONY W. DEERING ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR THOMAS W. DICKSON ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR JONATHAN D. GRAY ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR WILLIAM D. RAHM ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR WILLIAM J. STEIN ISSUER YES WITHHOLD AGAINST
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
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ISSUER: Camden Property Trust
TICKER: CPT CUSIP: 133131102
MEETING DATE: 5/8/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR RICHARD J. CAMPO ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR SCOTT S. INGRAHAM ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR LEWIS A. LEVEY ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR WILLIAM B. MCGUIRE, JR. ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR WILLIAM F. PAULSEN ISSUER YES FOR�� FOR
PROPOSAL #1.6: ELECT DIRECTOR D. KEITH ODEN ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR F. GARDNER PARKER ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR FRANCES ALDRICH ISSUER YES FOR FOR
SEVILLA-SACASA
PROPOSAL #1.9: ELECT DIRECTOR STEVEN A. WEBSTER ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR KELVIN R. WESTBROOK ISSUER YES FOR FOR
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
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ISSUER: CareTrust REIT, Inc.
TICKER: CTRE CUSIP: 14174T107
MEETING DATE: 6/8/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: ELECT DIRECTOR ALLEN C. BARBIERI ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
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ISSUER: CBL & Associates Properties, Inc.
TICKER: CBL CUSIP: 124830100
MEETING DATE: 5/4/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR CHARLES B. LEBOVITZ ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR STEPHEN D. LEBOVITZ ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR GARY L. BRYENTON ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR A. LARRY CHAPMAN ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR MATTHEW S. DOMINSKI ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JOHN D. GRIFFITH ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR GARY J. NAY ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR KATHLEEN M. NELSON ISSUER YES FOR FOR
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: PROXY ACCESS SHAREHOLDER YES AGAINST FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Cedar Realty Trust, Inc.
TICKER: CDR CUSIP: 150602209
MEETING DATE: 5/1/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JAMES J. BURNS ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR PAMELA N. HOOTKIN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR PAUL G. KIRK, JR. ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR EVERETT B. MILLER, III ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR BRUCE J. SCHANZER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR ROGER M. WIDMANN ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Chatham Lodging Trust
TICKER: CLDT CUSIP: 16208T102
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR C. GERALD GOLDSMITH ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR ROLF E. RUHFUS ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JOEL F. ZEMANS ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Chesapeake Lodging Trust
TICKER: CHSP CUSIP: 165240102
MEETING DATE: 5/20/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JAMES L. FRANCIS ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DOUGLAS W. VICARI ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR THOMAS A. NATELLI ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR THOMAS D. ECKERT ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR JOHN W. HILL ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR GEORGE F. MCKENZIE ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR JEFFREY D. NUECHTERLEIN ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: PROVIDE SHAREHOLDERS THE RIGHT TO SHAREHOLDER YES AGAINST FOR
INITIATE BYLAW AMENDMENTS
PROPOSAL #5: SUBMIT SHAREHOLDER RIGHTS PLAN (POISON SHAREHOLDER YES FOR AGAINST
PILL) TO SHAREHOLDER VOTE
PROPOSAL #6: AMEND BYLAWS TO LOWER THE VOTING SHAREHOLDER YES AGAINST FOR
STANDARD TO REMOVE TRUSTEES FOR CAUSE
PROPOSAL #7: RESTRICT SEVERANCE AGREEMENTS (CHANGE- SHAREHOLDER YES AGAINST FOR
IN-CONTROL)
PROPOSAL #8: RESTRICT SEVERANCE AGREEMENTS (CHANGE- SHAREHOLDER YES AGAINST FOR
IN-CONTROL)
PROPOSAL #1.1: MANAGEMENT NOMINEE - JAMES L. FRANCIS ISSUER NO N/A N/A
PROPOSAL #1.2: MANAGEMENT NOMINEE - DOUGLAS W. VICARI ISSUER NO N/A N/A
PROPOSAL #1.3: MANAGEMENT NOMINEE - THOMAS A. NATELLI ISSUER NO N/A N/A
PROPOSAL #1.4: MANAGEMENT NOMINEE - THOMAS D. ECKERT ISSUER NO N/A N/A
PROPOSAL #1.5: MANAGEMENT NOMINEE - JOHN W. HILL ISSUER NO N/A N/A
PROPOSAL #1.6: MANAGEMENT NOMINEE - GEORGE F. ISSUER NO N/A N/A
MCKENZIE
PROPOSAL #1.7: MANAGEMENT NOMINEE - JEFFREY D. ISSUER NO N/A N/A
NUECHTERLEIN
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER NO N/A N/A
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER NO N/A N/A
OFFICERS' COMPENSATION
PROPOSAL #4: PROVIDE SHAREHOLDERS THE RIGHT TO SHAREHOLDER NO N/A N/A
INITIATE BYLAW AMENDMENTS
PROPOSAL #5: SUBMIT SHAREHOLDER RIGHTS PLAN (POISON SHAREHOLDER NO N/A N/A
PILL) TO SHAREHOLDER VOTE
PROPOSAL #6: AMEND BYLAWS TO LOWER THE VOTING SHAREHOLDER NO N/A N/A
STANDARD TO REMOVE TRUSTEES FOR CAUSE
PROPOSAL #7: RESTRICT SEVERANCE AGREEMENTS (CHANGE- SHAREHOLDER NO N/A N/A
IN-CONTROL)
PROPOSAL #8: RESTRICT SEVERANCE AGREEMENTS (CHANGE- SHAREHOLDER NO N/A N/A
IN-CONTROL)
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: CommonWealth REIT
TICKER: CWH CUSIP: 203233101
MEETING DATE: 7/31/2014 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR SAM ZELL ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JAMES S. CORL ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR MARTIN L. EDELMEN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR EDWARD A. GLICKMAN ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR DAVID HELFAND ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR PETER LINNEMAN ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR JAMES L. LOZIER, JR. ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR MARY JANE ROBERTSON ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR KENNETH SHEA ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR GERALD A. SPECTOR ISSUER YES FOR FOR
PROPOSAL #1.11: ELECT DIRECTOR JAMES A. STAR ISSUER YES FOR FOR
PROPOSAL #2a: AMEND CHARTER TO ADOPT PLURALITY VOTING ISSUER YES FOR FOR
IN CONTESTED TRUSTEE ELECTIONS
PROPOSAL #2b: AMEND CHARTER TO LOWER THE GENERAL ISSUER YES FOR FOR
SHAREHOLDER VOTING STANDARD
PROPOSAL #2c: AMEND CHARTER TO REQUIRE MAJORITY VOTE ISSUER YES FOR FOR
FOR A TRANSFER OF ALL OR SUBSTANTIALLY ALL ASSETS
PROPOSAL #2d: APPROVE DIRECTOR LIABILITY AND ISSUER YES FOR FOR
INDEMNIFICATION
PROPOSAL #2e: AMEND CHARTER TO ELIMINATE THE ISSUER YES FOR FOR
OBLIGATION OF SHAREHOLDERS TO INDEMNIFY THE COMPANY
PROPOSAL #2f: AMEND CHARTER TO ELIMINATE THE EXTERNAL ISSUER YES FOR FOR
ADVISOR PROVISIONS
PROPOSAL #2g: AMEND CHARTER TO ALIGN RELATED PARTY ISSUER YES FOR FOR
TRANSACTION REQUIREMENTS WITH MARYLAND LAW
PROPOSAL #2h: AMEND CHARTER TO INCREASE FLEXIBILITY ISSUER YES FOR FOR
IN SCHEDULING ANNUAL MEETINGS
PROPOSAL #2i: AMEND CHARTER TO INCREASE FLEXIBILITY ISSUER YES FOR FOR
IN APPROVAL OF INVESTMENTS
PROPOSAL #2j: AMEND CHARTER TO INCREASE FLEXIBILITY ISSUER YES FOR FOR
IN STRUCTURING BOARD COMMITTEES
PROPOSAL #2k: AMENDMENT TO INCREASE THE SHAREHOLDER ISSUER YES FOR FOR
VOTING REQUIREMENT FOR CERTAIN SUCCESSOR
PROPOSAL #2l: AMEND CHARTER TO ELIMINATE THE BOARD'S ISSUER YES FOR FOR
ABILITY TO REMOVE A TRUSTEE
PROPOSAL #2m: PROVIDE RIGHT TO ACT BY WRITTEN CONSENT ISSUER YES FOR FOR
PROPOSAL #2n: AMEND CHARTER CONFORMING CHANGES AND ISSUER YES FOR FOR
OTHER IMMATERIAL MODIFICATIONS
PROPOSAL #3a: DECLASSIFY THE BOARD OF DIRECTORS ISSUER YES FOR FOR
PROPOSAL #3b: REDUCE SUPERMAJORITY VOTE REQUIREMENT ISSUER YES FOR FOR
PROPOSAL #3c: AMEND CHARTER TO REQUIRE MAJORITY VOTE ISSUER YES FOR FOR
FOR CHARTER AMENDMENTS
PROPOSAL #3d: AMEND CHARTER TO REMOVE VOTING STANDARD ISSUER YES FOR FOR
FOR COMBINATIONS WITH 10% SHAREHOLDERS
PROPOSAL #3e: APPROVE INCREASE IN SIZE OF BOARD ISSUER YES FOR FOR
PROPOSAL #3f: AMEND CHARTER TO INSTALL REVISED REIT ISSUER YES FOR FOR
OWNERSHIP LIMITATION PROVISIONS
PROPOSAL #3g: AMEND CHARTER TO BROADEN INVESTMENT ISSUER YES FOR FOR
POLICY
PROPOSAL #4: REIMBURSE PROXY CONTEST EXPENSES ISSUER YES FOR FOR
PROPOSAL #5: RATIFY AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: CoreSite Realty Corporation
TICKER: COR CUSIP: 21870Q105
MEETING DATE: 5/20/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ROBERT G. STUCKEY ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR THOMAS M. RAY ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JAMES A. ATTWOOD, JR. ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR MICHAEL R. KOEHLER ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR PAUL E. SZUREK ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR J. DAVID THOMPSON ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR DAVID A. WILSON ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Corporate Office Properties Trust
TICKER: OFC CUSIP: 22002T108
MEETING DATE: 5/7/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR THOMAS F. BRADY ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR ROBERT L. DENTON ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR PHILIP L. HAWKINS ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR ELIZABETH A. HIGHT ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR DAVID M. JACOBSTEIN ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR STEVEN D. KESLER ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR C. TAYLOR PICKETT ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR RICHARD SZAFRANSKI ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR ROGER A. WAESCHE, JR. ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Corrections Corporation of America
TICKER: CXW CUSIP: 22025Y407
MEETING DATE: 5/14/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR DONNA M. ALVARADO ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR JOHN D. CORRENTI ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR ROBERT J. DENNIS ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR MARK A. EMKES ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR JOHN D. FERGUSON ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR DAMON T. HININGER ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR C. MICHAEL JACOBI ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR ANNE L. MARIUCCI ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR THURGOOD MARSHALL, JR. ISSUER YES FOR FOR
PROPOSAL #1j: ELECT DIRECTOR CHARLES L. OVERBY ISSUER YES FOR FOR
PROPOSAL #1k: ELECT DIRECTOR JOHN R. PRANN, JR. ISSUER YES FOR FOR
PROPOSAL #1l: ELECT DIRECTOR JOSEPH V. RUSSELL ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Cousins Properties Incorporated
TICKER: CUZ CUSIP: 222795106
MEETING DATE: 5/5/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ROBERT M. CHAPMAN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR TOM G. CHARLESWORTH ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR LAWRENCE L. ISSUER YES FOR FOR
GELLERSTEDT, III
PROPOSAL #1.4: ELECT DIRECTOR LILLIAN C. GIORNELLI ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR S. TAYLOR GLOVER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JAMES H. HANCE, JR. ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR DONNA W. HYLAND ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR R. DARY STONE ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: CubeSmart
TICKER: CUBE CUSIP: 229663109
MEETING DATE: 5/27/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR WILLIAM M. ISSUER YES FOR FOR
DIEFENDERFER, III
PROPOSAL #1.2: ELECT DIRECTOR PIERO BUSSANI ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR CHRISTOPHER P. MARR ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR MARIANNE M. KELER ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR DEBORAH R. SALZBERG ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JOHN F. REMONDI ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR JEFFREY F. ROGATZ ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR JOHN W. FAIN ISSUER YES FOR FOR
PROPOSAL #2: INCREASE AUTHORIZED COMMON STOCK ISSUER YES FOR FOR
PROPOSAL #3: AMEND STOCK OWNERSHIP LIMITATIONS ISSUER YES FOR FOR
PROPOSAL #4: AMEND STOCK OWNERSHIP LIMITATIONS ISSUER YES FOR FOR
PROPOSAL #5: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #6: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: CyrusOne Inc.
TICKER: CONE CUSIP: 23283R100
MEETING DATE: 5/4/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR GARY J. WOJTASZEK ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR WILLIAM E. SULLIVAN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR T. TOD NIELSEN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR ALEX SHUMATE ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR DAVID H. FERDMAN ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR LYNN A. WENTWORTH ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR JOHN W. GAMBLE, JR. ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: ADVISORY VOTE ON SAY ON PAY FREQUENCY ISSUER YES ONE YEAR FOR
PROPOSAL #4: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: DCT Industrial Trust Inc.
TICKER: DCT CUSIP: 233153204
MEETING DATE: 4/29/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR THOMAS G. WATTLES ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR PHILIP L. HAWKINS ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR MARILYN A. ALEXANDER ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR THOMAS F. AUGUST ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR JOHN S. GATES, JR. ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR RAYMOND B. GREER ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR TRIPP H. HARDIN ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR JOHN C. O'KEEFFE ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR BRUCE L. WARWICK ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: DDR Corp.
TICKER: DDR CUSIP: 23317H102
MEETING DATE: 5/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR TERRANCE R. AHERN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JAMES C. BOLAND ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR THOMAS FINNE ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR ROBERT H. GIDEL ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR VICTOR B. MACFARLANE ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR DAVID J. OAKES ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR ALEXANDER OTTO ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR SCOTT D. ROULSTON ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR BARRY A. SHOLEM ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: DiamondRock Hospitality Company
TICKER: DRH CUSIP: 252784301
MEETING DATE: 5/5/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR WILLIAM W. MCCARTEN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DANIEL J. ALTOBELLO ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR W. ROBERT GRAFTON ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR MAUREEN L. MCAVEY ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR GILBERT T. RAY ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR BRUCE D. WARDINSKI ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR MARK W. BRUGGER ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #4: AMEND VOTE REQUIREMENTS TO AMEND BYLAWS SHAREHOLDER YES FOR AGAINST
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Digital Realty Trust, Inc.
TICKER: DLR CUSIP: 253868103
MEETING DATE: 5/11/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1A: ELECT DIRECTOR DENNIS E. SINGLETON ISSUER YES FOR FOR
PROPOSAL #1B: ELECT DIRECTOR LAURENCE A. CHAPMAN ISSUER YES FOR FOR
PROPOSAL #1C: ELECT DIRECTOR KATHLEEN EARLEY ISSUER YES FOR FOR
PROPOSAL #1D: ELECT DIRECTOR KEVIN J. KENNEDY ISSUER YES FOR FOR
PROPOSAL #1E: ELECT DIRECTOR WILLIAM G. LAPERCH ISSUER YES FOR FOR
PROPOSAL #1F: ELECT DIRECTOR A. WILLIAM STEIN ISSUER YES FOR FOR
PROPOSAL #1G: ELECT DIRECTOR ROBERT H. ZERBST ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: APPROVE NONQUALIFIED EMPLOYEE STOCK ISSUER YES FOR FOR
PURCHASE PLAN
PROPOSAL #4: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Douglas Emmett, Inc.
TICKER: DEI CUSIP: 25960P109
MEETING DATE: 5/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR DAN A. EMMETT ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JORDAN L. KAPLAN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR KENNETH M. PANZER ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR CHRISTOPHER H. ANDERSON ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR LESLIE E. BIDER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR DAVID T. FEINBERG ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR THOMAS E. O'HERN ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR WILLIAM E. SIMON, JR. ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR VIRGINIA MCFERRAN ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Duke Realty Corporation
TICKER: DRE CUSIP: 264411505
MEETING DATE: 4/29/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR THOMAS J. BALTIMORE, JR. ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR WILLIAM CAVANAUGH, III ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR ALAN H. COHEN ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR NGAIRE E. CUNEO ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR CHARLES R. EITEL ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR MARTIN C. JISCHKE ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR DENNIS D. OKLAK ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR MELANIE R. SABELHAUS ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR PETER M. SCOTT, III ISSUER YES FOR FOR
PROPOSAL #1j: ELECT DIRECTOR JACK R. SHAW ISSUER YES FOR FOR
PROPOSAL #1k: ELECT DIRECTOR MICHAEL E. SZYMANCZYK ISSUER YES FOR FOR
PROPOSAL #1l: ELECT DIRECTOR LYNN C. THURBER ISSUER YES FOR FOR
PROPOSAL #1m: ELECT DIRECTOR ROBERT J. WOODWARD, JR. ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #4: APPROVE OMNIBUS STOCK PLAN ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: DuPont Fabros Technology, Inc.
TICKER: DFT CUSIP: 26613Q106
MEETING DATE: 5/27/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MICHAEL A. COKE ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR LAMMOT J. DU PONT ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR THOMAS D. ECKERT ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR CHRISTOPHER P. ELDREDGE ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR HOSSEIN FATEH ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR FREDERIC V. MALEK ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR MARY M. STYER ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR JOHN T. ROBERTS, JR. ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR JOHN H. TOOLE ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: EastGroup Properties, Inc.
TICKER: EGP CUSIP: 277276101
MEETING DATE: 5/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR D. PIKE ALOIAN ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR H.C. BAILEY, JR. ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR H. ERIC BOLTON, JR. ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR HAYDEN C. EAVES, III ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR FREDRIC H. GOULD ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR DAVID H. HOSTER, II ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR MARY E. MCCORMICK ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR DAVID M. OSNOS ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR LELAND R. SPEED ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Education Realty Trust, Inc.
TICKER: EDR CUSIP: 28140H203
MEETING DATE: 5/20/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JOHN V. ARABIA ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR MONTE J. BARROW ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR WILLIAM J. CAHILL, III ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR RANDALL L. CHURCHEY ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR JOHN L. FORD ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR HOWARD A. SILVER ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR THOMAS TRUBIANA ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR WENDELL W. WEAKLEY ISSUER YES FOR FOR
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Empire State Realty Trust, Inc.
TICKER: ESRT CUSIP: 292104106
MEETING DATE: 6/17/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ANTHONY E. MALKIN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR WILLIAM H. BERKMAN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR ALICE M. CONNELL ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR THOMAS J. DEROSA ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR STEVEN J. GILBERT ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR S. MICHAEL GILIBERTO ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR JAMES D. ROBINSON, IV ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: EPR Properties
TICKER: EPR CUSIP: 26884U109
MEETING DATE: 5/13/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JACK A. NEWMAN, JR. ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR THOMAS M. BLOCH ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR GREGORY K. SILVERS ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Equity Commonwealth
TICKER: EQC CUSIP: 294628102
MEETING DATE: 6/16/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR SAM ZELL ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JAMES S. CORL ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR MARTIN L. EDELMEN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR EDWARD A. GLICKMAN ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR DAVID HELFAND ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR PETER LINNEMAN ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR JAMES L. LOZIER, JR. ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR MARY JANE ROBERTSON ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR KENNETH SHEA ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR GERALD A. SPECTOR ISSUER YES FOR FOR
PROPOSAL #1.11: ELECT DIRECTOR JAMES A. STAR ISSUER YES FOR FOR
PROPOSAL #2: APPROVE OMNIBUS STOCK PLAN ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Equity LifeStyle Properties, Inc.
TICKER: ELS CUSIP: 29472R108
MEETING DATE: 5/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR PHILIP CALIAN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DAVID CONTIS ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR THOMAS DOBROWSKI ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR THOMAS HENEGHAN ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR MARGUERITE NADER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR SHELI ROSENBERG ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR HOWARD WALKER ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR GARY WATERMAN ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR WILLIAM YOUNG ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR SAMUEL ZELL ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Equity One, Inc.
TICKER: EQY CUSIP: 294752100
MEETING DATE: 5/8/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR CYNTHIA COHEN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DAVID FISCHEL ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR NEIL FLANZRAICH ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR JORDAN HELLER ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR CHAIM KATZMAN ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR PETER LINNEMAN ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR DAVID LUKES ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR GALIA MAOR ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR DORI SEGAL ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Equity Residential
TICKER: EQR CUSIP: 29476L107
MEETING DATE: 6/24/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JOHN W. ALEXANDER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR CHARLES L. ATWOOD ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR LINDA WALKER BYNOE ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR MARY KAY HABEN ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR BRADLEY A. KEYWELL ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JOHN E. NEAL ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR DAVID J. NEITHERCUT ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR MARK S. SHAPIRO ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR GERALD A. SPECTOR ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR STEPHEN E. STERRETT ISSUER YES FOR FOR
PROPOSAL #1.11: ELECT DIRECTOR B. JOSEPH WHITE ISSUER YES FOR FOR
PROPOSAL #1.12: ELECT DIRECTOR SAMUEL ZELL ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: PROXY ACCESS SHAREHOLDER YES AGAINST FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Essex Property Trust, Inc.
TICKER: ESS CUSIP: 297178105
MEETING DATE: 5/19/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR DAVID W. BRADY ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR KEITH R. GUERICKE ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR IRVING F. LYONS, III ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR GEORGE M. MARCUS ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR GARY P. MARTIN ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR ISSIE N. RABINOVITCH ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR THOMAS E. RANDLETT ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR THOMAS E. ROBINSON ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR MICHAEL J. SCHALL ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR BYRON A. SCORDELIS ISSUER YES FOR FOR
PROPOSAL #1.11: ELECT DIRECTOR JANICE L. SEARS ISSUER YES FOR FOR
PROPOSAL #1.12: ELECT DIRECTOR THOMAS P. SULLIVAN ISSUER YES FOR FOR
PROPOSAL #1.13: ELECT DIRECTOR CLAUDE J. ZINNGRABE, ISSUER YES FOR FOR
JR.
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Excel Trust, Inc.
TICKER: EXL CUSIP: 30068C109
MEETING DATE: 5/4/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR GARY B. SABIN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR SPENCER G. PLUMB ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR MARK T. BURTON ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR BRUCE G. BLAKLEY ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR BURLAND B. EAST, III ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR ROBERT E. PARSONS, JR. ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR WARREN R. STALEY ISSUER YES FOR FOR
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Extra Space Storage Inc.
TICKER: EXR CUSIP: 30225T102
MEETING DATE: 5/26/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR KENNETH M. WOOLLEY ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR SPENCER F. KIRK ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR KARL HAAS ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR JOSEPH D. MARGOLIS ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR DIANE OLMSTEAD ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR ROGER B. PORTER ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR K. FRED SKOUSEN ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: APPROVE OMNIBUS STOCK PLAN ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Federal Realty Investment Trust
TICKER: FRT CUSIP: 313747206
MEETING DATE: 5/6/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JON E. BORTZ ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DAVID W. FAEDER ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR KRISTIN GAMBLE ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR GAIL P. STEINEL ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR WARREN M. THOMPSON ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JOSEPH S. VASSALLUZZO ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR DONALD C. WOOD ISSUER YES FOR FOR
PROPOSAL #2: RATIFY GRANT THORNTON LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: AMEND OMNIBUS STOCK PLAN ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: FelCor Lodging Trust Incorporated
TICKER: FCH CUSIP: 31430F101
MEETING DATE: 5/19/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR GLENN A. CARLIN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR ROBERT A. MATHEWSON ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR RICHARD A. SMITH ISSUER YES FOR FOR
PROPOSAL #2: DECLASSIFY THE BOARD OF DIRECTORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: First Industrial Realty Trust, Inc.
TICKER: FR CUSIP: 32054K103
MEETING DATE: 5/7/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MATTHEW S. DOMINSKI ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR BRUCE W. DUNCAN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR H. PATRICK HACKETT, JR. ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR JOHN RAU ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR L. PETER SHARPE ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR W. ED TYLER ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: First Potomac Realty Trust
TICKER: FPO CUSIP: 33610F109
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ROBERT H. ARNOLD ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR RICHARD B. CHESS ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR DOUGLAS J. DONATELLI ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR JAMES P. HOFFMANN ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR ALAN G. MERTEN ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR THOMAS E. ROBINSON ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR TERRY L. STEVENS ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Franklin Street Properties Corp.
TICKER: FSP CUSIP: 35471R106
MEETING DATE: 5/14/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: ELECT DIRECTOR JOHN N. BURKE ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Gaming and Leisure Properties, Inc.
TICKER: GLPI CUSIP: 36467J108
MEETING DATE: 6/18/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR WESLEY R. EDENS ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DAVID A. HANDLER ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: DECLASSIFY THE BOARD OF DIRECTORS SHAREHOLDER YES FOR AGAINST
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: General Growth Properties, Inc.
TICKER: GGP CUSIP: 370023103
MEETING DATE: 4/16/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR RICHARD B. CLARK ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR MARY LOU FIALA ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR J. BRUCE FLATT ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR JOHN K. HALEY ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR DANIEL B. HURWITZ ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR BRIAN W. KINGSTON ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR SANDEEP MATHRANI ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR DAVID J. NEITHERCUT ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR MARK R. PATTERSON ISSUER YES FOR FOR
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: PERFORMANCE BASED EQUITY AWARDS SHAREHOLDER YES AGAINST FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Getty Realty Corp.
TICKER: GTY CUSIP: 374297109
MEETING DATE: 5/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR LEO LIEBOWITZ ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR MILTON COOPER ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR PHILIP E. COVIELLO ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR DAVID B. DRISCOLL ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR RICHARD E. MONTAG ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR HOWARD B. SAFENOWITZ ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Glimcher Realty Trust
TICKER: GRT CUSIP: 379302102
MEETING DATE: 1/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: APPROVE MERGER AGREEMENT ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE ON GOLDEN PARACHUTES ISSUER YES AGAINST AGAINST
PROPOSAL #3: ADJOURN MEETING ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Government Properties Income Trust
TICKER: GOV CUSIP: 38376A103
MEETING DATE: 5/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: ELECT DIRECTOR BARBARA D. GILMORE ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Gramercy Property Trust Inc.
TICKER: GPT CUSIP: 38489R100
MEETING DATE: 2/26/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: INCREASE AUTHORIZED COMMON STOCK ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Gramercy Property Trust Inc.
TICKER: GPT CUSIP: 38489R605
MEETING DATE: 6/23/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ALLAN J. BAUM ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR GORDON F. DUGAN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR THOMAS D. ECKERT ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR GREGORY F. HUGHES ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR JEFFREY E. KELTER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR CHARLES S. LAVEN ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR WILLIAM H. LENEHAN ISSUER YES FOR FOR
PROPOSAL #2: APPROVE OMNIBUS STOCK PLAN ISSUER YES FOR FOR
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #4: REDUCE AUTHORIZED COMMON STOCK ISSUER YES FOR FOR
PROPOSAL #5: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: HCP, Inc.
TICKER: HCP CUSIP: 40414L109
MEETING DATE: 4/30/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR BRIAN G. CARTWRIGHT ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR CHRISTINE N. GARVEY ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR DAVID B. HENRY ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR JAMES P. HOFFMANN ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR LAURALEE E. MARTIN ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR MICHAEL D. MCKEE ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR PETER L. RHEIN ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR JOSEPH P. SULLIVAN ISSUER YES FOR FOR
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: PROXY ACCESS SHAREHOLDER YES AGAINST FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Health Care REIT, Inc.
TICKER: HCN CUSIP: 42217K106
MEETING DATE: 5/7/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR THOMAS J. DEROSA ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR JEFFREY H. DONAHUE ISSUER �� YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR FRED S. KLIPSCH ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR GEOFFREY G. MEYERS ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR TIMOTHY J. NAUGHTON ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR SHARON M. OSTER ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR JUDITH C. PELHAM ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR SERGIO D. RIVERA ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR R. SCOTT TRUMBULL ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Healthcare Realty Trust Incorporated
TICKER: HR CUSIP: 421946104
MEETING DATE: 5/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: DECLASSIFY THE BOARD OF DIRECTORS ISSUER YES FOR FOR
PROPOSAL #2.1: ELECT DIRECTOR DAVID R. EMERY ISSUER YES FOR FOR
PROPOSAL #2.2: ELECT DIRECTOR ERROL L. BIGGS ISSUER YES FOR FOR
PROPOSAL #2.3: ELECT DIRECTOR CHARLES RAYMOND ISSUER YES FOR FOR
FERNANDEZ
PROPOSAL #2.4: ELECT DIRECTOR EDWIN B. MORRIS, III ISSUER YES FOR FOR
PROPOSAL #2.5: ELECT DIRECTOR JOHN KNOX SINGLETON ISSUER YES FOR FOR
PROPOSAL #2.6: ELECT DIRECTOR BRUCE D. SULLIVAN ISSUER YES FOR FOR
PROPOSAL #2.7: ELECT DIRECTOR ROGER O. WEST ISSUER YES FOR FOR
PROPOSAL #2.8: ELECT DIRECTOR DAN S. WILFORD ISSUER YES FOR FOR
PROPOSAL #3.1: ELECT DIRECTOR ERROL L. BIGGS ISSUER YES FOR FOR
PROPOSAL #3.2: ELECT DIRECTOR CHARLES RAYMOND ISSUER YES FOR FOR
FERNANDEZ
PROPOSAL #3.3: ELECT DIRECTOR BRUCE D. SULLIVAN ISSUER YES FOR FOR
PROPOSAL #4: RATIFY BDO USA, LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #5: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #6: APPROVE RESTRICTED STOCK PLAN ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Healthcare Trust of America, Inc.
TICKER: HTA CUSIP: 42225P105
MEETING DATE: 7/9/2014 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR SCOTT D. PETERS ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR W. BRADLEY BLAIR, II ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR MAURICE J. DEWALD ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR WARREN D. FIX ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR LARRY L. MATHIS ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR STEVE W. PATTERSON ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR GARY T. WESCOMBE ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Hersha Hospitality Trust
TICKER: HT CUSIP: 427825104
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR HASU P. SHAH ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR DIANNA F. MORGAN ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR JOHN M. SABIN ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Highwoods Properties, Inc.
TICKER: HIW CUSIP: 431284108
MEETING DATE: 5/13/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR CHARLES A. ANDERSON ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR GENE H. ANDERSON ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR CARLOS E. EVANS ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR EDWARD J. FRITSCH ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR DAVID J. HARTZELL ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR SHERRY A. KELLETT ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR O. TEMPLE SLOAN, JR. ISSUER YES FOR FOR
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: APPROVE OMNIBUS STOCK PLAN ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Home Properties, Inc.
TICKER: HME CUSIP: 437306103
MEETING DATE: 4/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MICHAEL D. BARNELLO ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR BONNIE S. BIUMI ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR STEPHEN R. BLANK ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR ALAN L. GOSULE ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR LEONARD F. HELBIG, III ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR THOMAS P. LYDON, JR. ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR EDWARD J. PETTINELLA ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR CLIFFORD W. SMITH, JR. ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Hospitality Properties Trust
TICKER: HPT CUSIP: 44106M102
MEETING DATE: 6/1/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT TRUSTEE BRUCE M. GANS ISSUER NO N/A N/A
PROPOSAL #1.2: ELECT TRUSTEE ADAM D. PORTNOY ISSUER NO N/A N/A
PROPOSAL #2: AMEND BYLAWS TO INCLUDE ANTITAKEOVER ISSUER NO N/A N/A
PROVISION(S)
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER NO N/A N/A
OFFICERS' COMPENSATION
PROPOSAL #4: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER NO N/A N/A
PROPOSAL #1.1: ELECT TRUSTEE BRUCE M. GANS SHAREHOLDER YES AGAINST FOR
PROPOSAL #1.2: ELECT TRUSTEE ADAM D. PORTNOY SHAREHOLDER YES FOR AGAINST
PROPOSAL #2: AMEND BYLAWS TO INCLUDE ANTITAKEOVER ISSUER YES AGAINST FOR
PROVISION(S)
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR AGAINST
OFFICERS' COMPENSATION
PROPOSAL #4: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR N/A
PROPOSAL #5: AMEND BYLAWS TO OPT-OUT OF ANTITAKEOVER SHAREHOLDER YES FOR FOR
PROVISION(S) AND REQUIRE SHAREHOLDER VOTE TO OPT BACK
IN
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Host Hotels & Resorts, Inc.
TICKER: HST CUSIP: 44107P104
MEETING DATE: 5/14/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MARY L. BAGLIVO ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR SHEILA C. BAIR ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR TERENCE C. GOLDEN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR ANN MCLAUGHLIN ISSUER YES FOR FOR
KOROLOGOS
PROPOSAL #1.5: ELECT DIRECTOR RICHARD E. MARRIOTT ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JOHN B. MORSE, JR. ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR WALTER C. RAKOWICH ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR GORDON H. SMITH ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR W. EDWARD WALTER ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: AMEND VOTE REQUIREMENTS TO AMEND BYLAWS SHAREHOLDER YES FOR AGAINST
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Hudson Pacific Properties, Inc.
TICKER: HPP �� CUSIP: 444097109
MEETING DATE: 3/5/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: ISSUE SHARES IN CONNECTION WITH ISSUER YES FOR FOR
ACQUISITION
PROPOSAL #2: ADJOURN MEETING ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Hudson Pacific Properties, Inc.
TICKER: HPP CUSIP: 444097109
MEETING DATE: 5/20/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR VICTOR J. COLEMAN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR THEODORE R. ANTENUCCI ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR FRANK COHEN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR RICHARD B. FRIED ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR JONATHAN M. GLASER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR ROBERT L. HARRIS, II ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR MARK D. LINEHAN ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR ROBERT M. MORAN, JR. ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR MICHAEL NASH ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR BARRY A. PORTER ISSUER YES FOR FOR
PROPOSAL #1.11: ELECT DIRECTOR JOHN SCHREIBER ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Inland Real Estate Corporation
TICKER: IRC CUSIP: 457461200
MEETING DATE: 6/30/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR THOMAS P. D'ARCY ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR DANIEL L. GOODWIN ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR JOEL G. HERTER ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR HEIDI N. LAWTON ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR THOMAS H. MCAULEY ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR THOMAS R. MCWILLIAMS ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR MEREDITH WISE MENDES ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR JOEL D. SIMMONS ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR MARK E. ZALATORIS ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Investors Real Estate Trust
TICKER: IRET CUSIP: 461730103
MEETING DATE: 9/16/2014 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR LINDA J. HALL ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR TIMOTHY P. MIHALICK ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR TERRANCE (TERRY) P. ISSUER YES FOR FOR
MAXWELL
PROPOSAL #1.4: ELECT DIRECTOR JEFFREY L. MILLER ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR STEPHEN L. STENEHJEM ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JOHN D. STEWART ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR THOMAS WENTZ, JR. ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR JEFFREY K. WOODBURY ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Iron Mountain Incorporated
TICKER: IRM CUSIP: 462846106
MEETING DATE: 1/20/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: APPROVE REORGANIZATION PLAN ISSUER YES FOR FOR
PROPOSAL #2: ADOPT THE JURISDICTION OF INCORPORATION ISSUER YES FOR FOR
AS THE EXCLUSIVE FORUM FOR CERTAIN DISPUTES
PROPOSAL #3: APPROVE OMNIBUS STOCK PLAN ISSUER YES FOR FOR
PROPOSAL #4: ADJOURN MEETING ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Iron Mountain Incorporated
TICKER: IRM CUSIP: 46284V101
MEETING DATE: 5/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR JENNIFER ALLERTON ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR TED R. ANTENUCCI ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR PAMELA M. ARWAY ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR CLARKE H. BAILEY ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR KENT P. DAUTEN ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR PAUL F. DENINGER ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR PER-KRISTIAN HALVORSEN ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR WILLIAM L. MEANEY ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR WALTER C. RAKOWICH ISSUER YES FOR FOR
PROPOSAL #1j: ELECT DIRECTOR ALFRED J. VERRECCHIA ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Kilroy Realty Corporation
TICKER: KRC CUSIP: 49427F108
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR JOHN KILROY ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR EDWARD BRENNAN ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR JOLIE HUNT ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR SCOTT INGRAHAM ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR GARY STEVENSON ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR PETER STONEBERG ISSUER YES FOR FOR
PROPOSAL #2: AMEND OMNIBUS STOCK PLAN ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Kimco Realty Corporation
TICKER: KIM CUSIP: 49446R109
MEETING DATE: 5/5/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MILTON COOPER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR PHILIP E. COVIELLO ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR RICHARD G. DOOLEY ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR JOE GRILLS ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR DAVID B. HENRY ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR FRANK LOURENSO ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR COLOMBE M. NICHOLAS ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR RICHARD B. SALTZMAN ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Kite Realty Group Trust
TICKER: KRG CUSIP: 49803T300
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JOHN A. KITE ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR WILLIAM E. BINDLEY ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR VICTOR J. COLEMAN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR LEE A. DANIELS ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR GERALD W. GRUPE ISSUER YES �� FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR CHRISTIE B. KELLY ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR DAVID R. O'REILLY ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR BARTON R. PETERSON ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR CHARLES H. WURTZEBACH ISSUER YES FOR FOR
PROPOSAL #2: REDUCE AUTHORIZED COMMON STOCK ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: LaSalle Hotel Properties
TICKER: LHO CUSIP: 517942108
MEETING DATE: 5/7/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JEFFREY T. FOLAND ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DARRYL HARTLEY-LEONARD ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR WILLIAM S. MCCALMONT ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Lexington Realty Trust
TICKER: LXP CUSIP: 529043101
MEETING DATE: 5/19/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR E. ROBERT ROSKIND ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR T. WILSON EGLIN ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR RICHARD J. ROUSE ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR HAROLD FIRST ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR RICHARD S. FRARY ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR JAMES GROSFELD ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR KEVIN W. LYNCH ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Liberty Property Trust
TICKER: LPT CUSIP: 531172104
MEETING DATE: 5/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR FREDERICK F. BUCHHOLZ ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR THOMAS C. DELOACH, JR. ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR KATHERINE E. DIETZE ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR ANTONIO FERNANDEZ ISSUER YES FOR ���� FOR
PROPOSAL #1.5: ELECT DIRECTOR DANIEL P. GARTON ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR WILLIAM P. HANKOWSKY ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR M. LEANNE LACHMAN ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR DAVID L. LINGERFELT ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR FREDRIC J. TOMCZYK ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: LTC Properties, Inc.
TICKER: LTC CUSIP: 502175102
MEETING DATE: 6/3/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR BOYD W. HENDRICKSON ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JAMES J. PIECZYNSKI ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR DEVRA G. SHAPIRO ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR WENDY L. SIMPSON ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR TIMOTHY J. TRICHE ISSUER YES FOR FOR
PROPOSAL #2: APPROVE OMNIBUS STOCK PLAN ISSUER YES FOR FOR
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #4: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Mack-Cali Realty Corporation
TICKER: CLI CUSIP: 554489104
MEETING DATE: 5/11/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ALAN S. BERNIKOW ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR IRVIN D. REID ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES AGAINST AGAINST
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
PROPOSAL #4: PRO-RATA VESTING OF EQUITY AWARDS SHAREHOLDER YES AGAINST FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Medical Properties Trust, Inc.
TICKER: MPW CUSIP: 58463J304
MEETING DATE: 5/14/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR EDWARD K. ALDAG, JR. ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR G. STEVEN DAWSON ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR R. STEVEN HAMNER ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR ROBERT E. HOLMES ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR SHERRY A. KELLETT ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR WILLIAM G. MCKENZIE ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR L. GLENN ORR, JR. ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR D. PAUL SPARKS, JR. ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: ADOPT MAJORITY VOTING FOR UNCONTESTED ISSUER YES FOR FOR
ELECTION OF DIRECTORS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Mid-America Apartment Communities, Inc.
TICKER: MAA CUSIP: 59522J103
MEETING DATE: 5/19/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR H. ERIC BOLTON, JR. ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR ALAN B. GRAF, JR. ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR RALPH HORN ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR JAMES K. LOWDER ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR THOMAS H. LOWDER ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR CLAUDE B. NIELSEN ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR PHILIP W. NORWOOD ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR W. REID SANDERS ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR WILLIAM B. SANSOM ISSUER YES FOR FOR
PROPOSAL #1j: ELECT DIRECTOR GARY SHORB ISSUER YES FOR FOR
PROPOSAL #1k: ELECT DIRECTOR JOHN W. SPIEGEL ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Monmouth Real Estate Investment Corporation
TICKER: MNR CUSIP: 609720107
MEETING DATE: 5/14/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR CATHERINE B. ELFLEIN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR EUGENE W. LANDY ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR MICHAEL P. LANDY ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR SAMUEL A. LANDY ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PKF O'CONNOR DAVIES AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: REQUIRE A MAJORITY VOTE FOR THE ELECTION SHAREHOLDER YES FOR AGAINST
OF DIRECTORS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: National Health Investors, Inc.
TICKER: NHI CUSIP: 63633D104
MEETING DATE: 5/7/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1a: ELECT DIRECTOR ROBERT T. WEBB ISSUER YES FOR FOR
PROPOSAL #2: AMEND STOCK OPTION PLAN ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: RATIFY BDO USA, LLP AS AUDITORS ISSUER YES FOR FOR
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ISSUER: NATIONAL RETAIL PROPERTIES, INC.
TICKER: NNN CUSIP: 637417106
MEETING DATE: 5/22/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR DON DEFOSSET ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DAVID M. FICK ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR EDWARD J. FRITSCH ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR KEVIN B. HABICHT ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR RICHARD B. JENNINGS ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR TED B. LANIER ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR ROBERT C. LEGLER ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR CRAIG MACNAB ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR ROBERT MARTINEZ ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
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ISSUER: New Senior Investment Group Inc.
TICKER: SNR CUSIP: 648691103
MEETING DATE: 5/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR VIRGIS W. COLBERT ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR CASSIA VAN DER HOOF ISSUER YES FOR FOR
HOLSTEIN
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: New York REIT, Inc.
TICKER: NYRT CUSIP: 64976L109
MEETING DATE: 6/22/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR WILLIAM M. KAHANE ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR P. SUE PERROTTY ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR ROBERT H. BURNS ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR RANDOLPH C. READ ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
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ISSUER: Omega Healthcare Investors, Inc.
TICKER: OHI CUSIP: 681936100
MEETING DATE: 3/27/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: ISSUE SHARES IN CONNECTION WITH ISSUER YES FOR FOR
ACQUISITION
PROPOSAL #2: INCREASE AUTHORIZED COMMON STOCK ISSUER YES FOR FOR
PROPOSAL #3: DECLASSIFY THE BOARD OF DIRECTORS ISSUER YES FOR FOR
PROPOSAL #4: REMOVE SUPERMAJORITY VOTE REQUIREMENT ISSUER YES FOR FOR
PROPOSAL #5: ADJOURN MEETING ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: One Liberty Properties, Inc.
TICKER: OLP CUSIP: 682406103
MEETING DATE: 6/11/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JOSEPH A. DELUCA ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR FREDRIC H. GOULD ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR LEOR SIRI ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR EUGENE I. ZURIFF ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Parkway Properties, Inc.
TICKER: PKY CUSIP: 70159Q104
MEETING DATE: 5/14/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR AVI BANYASZ ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR CHARLES T. CANNADA ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR EDWARD M. CASAL ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR KELVIN L. DAVIS ISSUER YES WITHHOLD AGAINST
PROPOSAL #1.5: ELECT DIRECTOR LAURIE L. DOTTER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JAMES R. HEISTAND ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR C. WILLIAM HOSLER ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR ADAM S. METZ ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR BRENDA J. MIXSON ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR JAMES A. THOMAS ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: APPROVE OMNIBUS STOCK PLAN ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Pebblebrook Hotel Trust
TICKER: PEB CUSIP: 70509V100
MEETING DATE: 6/17/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST �� MGMT
PROPOSAL #1.1: ELECT DIRECTOR JON E. BORTZ ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR CYDNEY C. DONNELL ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR RON E. JACKSON ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR PHILLIP M. MILLER ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR MICHAEL J. SCHALL ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR EARL E. WEBB ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR LAURA H. WRIGHT ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: AMEND ARTICLES TO OPT OUT OF MARYLAND'S SHAREHOLDER YES AGAINST FOR
UNSOLICITED TAKEOVER ACT AND REQUIRE MAJORITY VOTE TO
OPT BACK INTO ACT
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Pennsylvania Real Estate Investment Trust
TICKER: PEI CUSIP: 709102107
MEETING DATE: 6/4/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JOSEPH F. CORADINO ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR M. WALTER D'ALESSIO ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR MICHAEL J. DEMARCO ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR ROSEMARIE B. GRECO ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR LEONARD I. KORMAN ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR MARK E. PASQUERILLA ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR CHARLES P. PIZZI ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR JOHN J. ROBERTS ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR RONALD RUBIN ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Physicians Realty Trust
TICKER: DOC CUSIP: 71943U104
MEETING DATE: 5/7/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JOHN T. THOMAS ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR TOMMY G. THOMPSON ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR STANTON D. ANDERSON ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR MARK A. BAUMGARTNER ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR ALBERT C. BLACK, JR. ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR WILLIAM A. EBINGER ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR RICHARD A. WEISS ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: APPROVE QUALIFIED EMPLOYEE STOCK ISSUER YES FOR FOR
PURCHASE PLAN
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Piedmont Office Realty Trust, Inc.
TICKER: PDM CUSIP: 720190206
MEETING DATE: 5/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MICHAEL R. BUCHANAN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR WESLEY E. CANTRELL ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR WILLIAM H. KEOGLER, JR. ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR BARBARA B. LANG ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR FRANK C. MCDOWELL ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR DONALD A. MILLER ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR RAYMOND G. MILNES, JR. ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR JEFFREY L. SWOPE ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Post Properties, Inc.
TICKER: PPS CUSIP: 737464107
MEETING DATE: 6/3/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ROBERT C. GODDARD, III ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DAVID P. STOCKERT ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR HERSCHEL M. BLOOM ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR WALTER M. DERISO, JR. ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR RUSSELL R. FRENCH ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR TONI JENNINGS ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR RONALD DE WAAL ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR DONALD C. WOOD ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Prologis, Inc.
TICKER: PLD CUSIP: 74340W103
MEETING DATE: 4/29/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR HAMID R. MOGHADAM ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR GEORGE L. FOTIADES ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR CHRISTINE N. GARVEY ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR LYDIA H. KENNARD ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR J. MICHAEL LOSH ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR IRVING F. LYONS, III ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR DAVID P. O'CONNOR ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR JEFFREY L. SKELTON ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR CARL B. WEBB ISSUER YES FOR FOR
PROPOSAL #1j: ELECT DIRECTOR WILLIAM D. ZOLLARS ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: PS Business Parks, Inc.
TICKER: PSB CUSIP: 69360J107
MEETING DATE: 4/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR RONALD L. HAVNER, JR. ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JOSEPH D. RUSSELL, JR. ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JENNIFER HOLDEN DUNBAR ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR JAMES H. KROPP ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR SARA GROOTWASSINK LEWIS ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR MICHAEL V. MCGEE ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR GARY E. PRUITT ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR ROBERT S. ROLLO ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR PETER SCHULTZ ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: AMEND NON-EMPLOYEE DIRECTOR RESTRICTED ISSUER YES FOR FOR
STOCK PLAN
PROPOSAL #4: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Public Storage
TICKER: PSA CUSIP: 74460D109
MEETING DATE: 4/30/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR RONALD L. HAVNER, JR. ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR TAMARA HUGHES GUSTAVSON ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR URI P. HARKHAM ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR B. WAYNE HUGHES, JR ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR AVEDICK B. POLADIAN ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR GARY E. PRUITT ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR RONALD P. SPOGLI ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR DANIEL C. STATON ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: QTS Realty Trust, Inc.
TICKER: QTS CUSIP: 74736A103
MEETING DATE: 5/4/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR CHAD L. WILLIAMS ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR PHILIP P. TRAHANAS ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JOHN W. BARTER ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR WILLIAM O. GRABE ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR CATHERINE R. KINNEY ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR PETER A. MARINO ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR SCOTT D. MILLER ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR STEPHEN E. WESTHEAD ISSUER YES FOR FOR
PROPOSAL #2: AMEND OMNIBUS STOCK PLAN ISSUER YES FOR FOR
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: RAIT FINANCIAL TRUST
TICKER: RAS CUSIP: 749227609
MEETING DATE: 5/20/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR SCOTT F. SCHAEFFER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR ANDREW BATINOVICH ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR EDWARD S. BROWN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR FRANK A. FARNESI ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR S. KRISTIN KIM ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JON C. SARKISIAN ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR ANDREW M. SILBERSTEIN ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR MURRAY STEMPEL, III ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Ramco-Gershenson Properties Trust
TICKER: RPT CUSIP: 751452202
MEETING DATE: 5/5/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR STEPHEN R. BLANK ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DENNIS GERSHENSON ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR ARTHUR GOLDBERG ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR DAVID J. NETTINA ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR JOEL M. PASHCOW ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR MARK K. ROSENFELD ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR MICHAEL A. WARD ISSUER YES FOR FOR
PROPOSAL #2: RATIFY GRANT THORNTON LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Realty Income Corporation
TICKER: O CUSIP: 756109104
MEETING DATE: 5/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR KATHLEEN R. ALLEN ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR JOHN P. CASE ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR A. LARRY CHAPMAN ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR PRIYA CHERIAN HUSKINS ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR MICHAEL D. MCKEE ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR GREGORY T. MCLAUGHLIN ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR RONALD L. MERRIMAN ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR STEPHEN E. STERRETT ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Regency Centers Corporation
TICKER: REG CUSIP: 758849103
MEETING DATE: 5/12/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MARTIN E. STEIN, JR. ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR RAYMOND L. BANK ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR BRYCE BLAIR ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR C. RONALD BLANKENSHIP ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR A.R. CARPENTER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR J. DIX DRUCE, JR. ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR MARY LOU FIALA ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR DAVID P. O'CONNOR ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR JOHN C. SCHWEITZER ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR BRIAN M. SMITH ISSUER YES FOR FOR
PROPOSAL #1.11: ELECT DIRECTOR THOMAS G. WATTLES ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Retail Opportunity Investments Corp.
TICKER: ROIC CUSIP: 76131N101
MEETING DATE: 4/29/2015 �� FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR RICHARD A. BAKER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR MICHAEL J. INDIVERI ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR EDWARD H. MEYER ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR LEE S. NEIBART ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR CHARLES J. PERSICO ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR LAURA H. POMERANTZ ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR STUART A. TANZ ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR ERIC S. ZORN ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Retail Properties of America, Inc.
TICKER: RPAI CUSIP: 76131V202
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR FRANK A. CATALANO, JR. ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR PAUL R. GAUVREAU ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR GERALD M. GORSKI ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR STEVEN P. GRIMES ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR RICHARD P. IMPERIALE ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR PETER L. LYNCH ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR KENNETH E. MASICK ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR THOMAS J. SARGEANT ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: RLJ Lodging Trust
TICKER: RLJ CUSIP: 74965L101
MEETING DATE: 5/1/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ROBERT L. JOHNSON ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR THOMAS J. BALTIMORE, ISSUER YES FOR FOR
JR.
PROPOSAL #1.3: ELECT DIRECTOR EVAN BAYH ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR NATHANIEL A. DAVIS ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR ROBERT M. LA FORGIA ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR GLENDA G. MCNEAL ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR JOSEPH RYAN ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR �� FOR
AUDITORS
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: AMEND OMNIBUS STOCK PLAN ISSUER YES FOR FOR
PROPOSAL #5: AMEND DECLARATION OF TRUST ISSUER YES FOR FOR
PROPOSAL #6: AMEND VOTE REQUIREMENTS TO AMEND BYLAWS SHAREHOLDER YES FOR AGAINST
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Rouse Properties, Inc.
TICKER: RSE CUSIP: 779287101
MEETING DATE: 5/8/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JEFFREY BLIDNER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR RICHARD CLARK ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR CHRISTOPHER HALEY ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR MICHAEL HEGARTY ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR BRIAN KINGSTON ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR DAVID KRUTH ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR MICHAEL MULLEN ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR ANDREW SILBERFEIN ISSUER YES FOR FOR
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES AGAINST AGAINST
OFFICERS' COMPENSATION
PROPOSAL #4: AMEND OMNIBUS STOCK PLAN ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Ryman Hospitality Properties, Inc.
TICKER: RHP CUSIP: 78377T107
MEETING DATE: 5/7/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MICHAEL J. BENDER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR E. K. GAYLORD, II ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR D. RALPH HORN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR ELLEN LEVINE ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR PATRICK Q. MOORE ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR ROBERT S. PRATHER, JR. ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR COLIN V. REED ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR MICHAEL D. ROSE ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR MICHAEL I. ROTH ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Sabra Health Care REIT, Inc.
TICKER: SBRA CUSIP: 78573L106
MEETING DATE: 6/17/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR CRAIG A. BARBAROSH ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR ROBERT A. ETTL ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR MICHAEL J. FOSTER ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR RICHARD K. MATROS ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR MILTON J. WALTERS ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: SAUL CENTERS, INC.
TICKER: BFS CUSIP: 804395101
MEETING DATE: 5/8/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR PHILIP D. CARACI ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR GILBERT M. GROSVENOR ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR PHILIP C. JACKSON, JR. ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR MARK SULLIVAN, III ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: OTHER BUSINESS ISSUER YES AGAINST AGAINST
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Select Income REIT
TICKER: SIR CUSIP: 81618T100
MEETING DATE: 1/27/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: ISSUE SHARES IN CONNECTION WITH ISSUER YES FOR FOR
ACQUISITION
PROPOSAL #2: ADJOURN MEETING ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Select Income REIT
TICKER: SIR CUSIP: 81618T100
MEETING DATE: 5/13/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: ELECT DIRECTOR WILLIAM A. LAMKIN ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: ADVISORY VOTE ON SAY ON PAY FREQUENCY ISSUER YES ONE YEAR AGAINST
PROPOSAL #4: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Senior Housing Properties Trust
TICKER: SNH CUSIP: 81721M109
MEETING DATE: 5/19/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JEFFREY P. SOMERS ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR BARRY M. PORTNOY ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Silver Bay Realty Trust Corp.
TICKER: SBY CUSIP: 82735Q102
MEETING DATE: 9/30/2014 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: APPROVE ACQUISITION ISSUER YES FOR FOR
PROPOSAL #2: ADJOURN MEETING ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Silver Bay Realty Trust Corp.
TICKER: SBY CUSIP: 82735Q102
MEETING DATE: 5/20/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR THOMAS W. BROCK ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DARYL J. CARTER ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR TANUJA M. DEHNE ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR STEPHEN G. KASNET ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR IRVIN R. KESSLER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR DAVID N. MILLER ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR THOMAS SIERING ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR RONALD N. WEISER ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Simon Property Group, Inc.
TICKER: SPG CUSIP: 828806109
MEETING DATE: 5/14/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR MELVYN E. BERGSTEIN ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR LARRY C. GLASSCOCK ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR KAREN N. HORN ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR ALLAN HUBBARD ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR REUBEN S. LEIBOWITZ ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR DANIEL C. SMITH ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR J. ALBERT SMITH, JR. ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #4: PROVIDE VOTE COUNTING TO EXCLUDE SHAREHOLDER YES AGAINST FOR
ABSTENTIONS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: SL Green Realty Corp.
TICKER: SLG CUSIP: 78440X101
MEETING DATE: 6/4/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JOHN H. ALSCHULER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR STEPHEN L. GREEN ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Sovran Self Storage, Inc.
TICKER: SSS CUSIP: 84610H108
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ROBERT J. ATTEA ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR KENNETH F. MYSZKA ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR CHARLES E. LANNON ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR STEPHEN R. RUSMISEL ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR ARTHUR L. HAVENER, JR. ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR MARK G. BARBERIO ISSUER YES FOR FOR
PROPOSAL #2: APPROVE OMNIBUS STOCK PLAN ISSUER YES FOR FOR
PROPOSAL #3: AMEND DEFERRED COMPENSATION PLAN ISSUER YES FOR FOR
PROPOSAL #4: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #5: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Spirit Realty Capital, Inc.
TICKER: SRC CUSIP: 84860W102
MEETING DATE: 5/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR KEVIN M. CHARLTON ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR TODD A. DUNN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR DAVID J. GILBERT ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR RICHARD I. GILCHRIST ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR DIANE M. MOREFIELD ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR THOMAS H. NOLAN, JR. ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR SHELI Z. ROSENBERG ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR THOMAS D. SENKBEIL ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR NICHOLAS P. SHEPHERD ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: STAG Industrial, Inc.
TICKER: STAG CUSIP: 85254J102
MEETING DATE: 5/4/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR BENJAMIN S. BUTCHER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR VIRGIS W. COLBERT ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JEFFREY D. FURBER ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR LARRY T. GUILLEMETTE ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR FRANCIS X. JACOBY, III ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR CHRISTOPHER P. MARR ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR HANS S. WEGER ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Starwood Waypoint Residential Trust
TICKER: SWAY CUSIP: 85571W109
MEETING DATE: 5/6/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR BARRY S. STERNLICHT ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DOUGLAS R. BRIEN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR RICHARD D. BRONSON ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR MICHAEL D. FASCITELLI ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR JEFFREY E. KELTER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR STEPHEN H. SIMON ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR ANDREW J. SOSSEN ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR COLIN T. WIEL ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR CHRISTOPHER B. WOODWARD ISSUER YES FOR FOR
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Strategic Hotels & Resorts, Inc.
TICKER: BEE CUSIP: 86272T106
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ROBERT P. BOWEN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR RAYMOND L. GELLEIN, JR. ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JAMES A. JEFFS ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR DAVID W. JOHNSON ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR RICHARD D. KINCAID ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR DAVID M.C. MICHELS ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR WILLIAM A. PREZANT ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR EUGENE F. REILLY ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR SHELI Z. ROSENBERG ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #4: AMEND ARTICLES TO REMOVE ANTITAKEOVER SHAREHOLDER YES FOR AGAINST
PROVISIONS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Summit Hotel Properties, Inc.
TICKER: INN CUSIP: 866082100
MEETING DATE: 6/15/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR KERRY W. BOEKELHEIDE ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR DANIEL P. HANSEN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR BJORN R. L. HANSON ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR JEFFREY W. JONES ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR KENNETH J. KAY ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR THOMAS W. STOREY ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: AMEND OMNIBUS STOCK PLAN ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Sun Communities, Inc.
TICKER: SUI CUSIP: 866674104
MEETING DATE: 7/22/2014 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR STEPHANIE W. BERGERON ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR BRIAN M. HERMELIN ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR PAUL D. LAPIDES ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR CLUNET R. LEWIS ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR RONALD L. PIASECKI ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR GARY A. SHIFFMAN ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR ARTHUR A. WEISS ISSUER YES FOR FOR
PROPOSAL #2: RATIFY AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Sunstone Hotel Investors, Inc.
TICKER: SHO CUSIP: 867892101
MEETING DATE: 4/30/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JOHN V. ARABIA ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR ANDREW BATINOVICH ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR Z. JAMIE BEHAR ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR THOMAS A. LEWIS, JR. ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR KEITH M. LOCKER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR DOUGLAS M. PASQUALE ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR KEITH P. RUSSELL ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR LEWIS N. WOLFF ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Tanger Factory Outlet Centers, Inc.
TICKER: SKT CUSIP: 875465106
MEETING DATE: 5/15/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR WILLIAM G. BENTON ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JEFFREY B. CITRIN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR DONALD G. DRAPKIN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR THOMAS J. REDDIN ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR THOMAS E. ROBINSON ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR BRIDGET M. RYAN-BERMAN ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR ALLAN L. SCHUMAN ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR STEVEN B. TANGER ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Taubman Centers, Inc.
TICKER: TCO CUSIP: 876664103
MEETING DATE: 5/29/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR GRAHAM T. ALLISON ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR PETER KARMANOS, JR. ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR WILLIAM S. TAUBMAN ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: The GEO Group, Inc.
TICKER: GEO CUSIP: 36162J106
MEETING DATE: 4/29/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR CLARENCE E. ANTHONY ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR ANNE N. FOREMAN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR RICHARD H. GLANTON ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR CHRISTOPHER C. WHEELER ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR JULIE MYERS WOOD ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR GEORGE C. ZOLEY ISSUER YES FOR FOR
PROPOSAL #2: RATIFY GRANT THORNTON LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: APPROVE EXECUTIVE INCENTIVE BONUS PLAN ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: The Macerich Company
TICKER: MAC CUSIP: 554382101
MEETING DATE: 5/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR DOUGLAS D. ABBEY ISSUER YES AGAINST AGAINST
PROPOSAL #1b: ELECT DIRECTOR JOHN H. ALSCHULER ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR STEVEN R. HASH ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR STANLEY A. MOORE ISSUER YES AGAINST AGAINST
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: UDR, Inc.
TICKER: UDR CUSIP: 902653104
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR KATHERINE A. CATTANACH ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR ROBERT P. FREEMAN ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR JON A. GROVE ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR JAMES D. KLINGBEIL ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR ROBERT A. MCNAMARA ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR MARK R. PATTERSON ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR LYNNE B. SAGALYN ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR THOMAS W. TOOMEY ISSUER YES FOR FOR
PROPOSAL #2: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Universal Health Realty Income Trust
TICKER: UHT CUSIP: 91359E105
MEETING DATE: 6/4/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MARC D. MILLER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JAMES E. DALTON, JR. ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Urstadt Biddle Properties Inc.
TICKER: UBA CUSIP: 917286106
MEETING DATE: 3/25/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR CATHERINE U. BIDDLE ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR ROBERT R. DOUGLASS ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR GEORGE H.C. LAWRENCE ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR CHARLES J. URSTADT ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PKF O'CONNOR DAVIES AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Urstadt Biddle Properties Inc.
TICKER: UBA CUSIP: 917286205
MEETING DATE: 3/25/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR CATHERINE U. BIDDLE ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR ROBERT R. DOUGLASS ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR GEORGE H.C. LAWRENCE ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR CHARLES J. URSTADT ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PKF O'CONNOR DAVIES AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Ventas, Inc.
TICKER: VTR CUSIP: 92276F100
MEETING DATE: 5/14/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1a: ELECT DIRECTOR MELODY C. BARNES ISSUER YES FOR FOR
PROPOSAL #1b: ELECT DIRECTOR DEBRA A. CAFARO ISSUER YES FOR FOR
PROPOSAL #1c: ELECT DIRECTOR DOUGLAS CROCKER, II ISSUER YES FOR FOR
PROPOSAL #1d: ELECT DIRECTOR RONALD G. GEARY ISSUER YES FOR FOR
PROPOSAL #1e: ELECT DIRECTOR JAY M. GELLERT ISSUER YES FOR FOR
PROPOSAL #1f: ELECT DIRECTOR RICHARD I. GILCHRIST ISSUER YES FOR FOR
PROPOSAL #1g: ELECT DIRECTOR MATTHEW J. LUSTIG ISSUER YES FOR FOR
PROPOSAL #1h: ELECT DIRECTOR DOUGLAS M. PASQUALE ISSUER YES FOR FOR
PROPOSAL #1i: ELECT DIRECTOR ROBERT D. REED ISSUER YES FOR FOR
PROPOSAL #1j: ELECT DIRECTOR GLENN J. RUFRANO ISSUER YES FOR FOR
PROPOSAL #1k: ELECT DIRECTOR JAMES D. SHELTON ISSUER YES FOR FOR
PROPOSAL #2: RATIFY KPMG LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Vornado Realty Trust
TICKER: VNO CUSIP: 929042109
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR STEVEN ROTH ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR MICHAEL D. FASCITELLI ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR RUSSELL B. WIGHT, JR. ISSUER YES WITHHOLD AGAINST
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: REQUIRE INDEPENDENT BOARD CHAIRMAN SHAREHOLDER YES AGAINST FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: W. P. Carey Inc.
TICKER: WPC CUSIP: 92936U109
MEETING DATE: 6/18/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR TREVOR P. BOND ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR NATHANIEL S. COOLIDGE ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR MARK J. DECESARIS ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR BENJAMIN H. GRISWOLD, ISSUER YES FOR FOR
IV
PROPOSAL #1.5: ELECT DIRECTOR AXEL K.A. HANSING ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JEAN HOYSRADT ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR RICHARD C. MARSTON ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR ROBERT E. MITTELSTAEDT, ISSUER YES FOR FOR
JR.
PROPOSAL #1.9: ELECT DIRECTOR CHARLES E. PARENTE ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR MARY M. VANDEWEGHE ISSUER YES FOR FOR
PROPOSAL #1.11: ELECT DIRECTOR NICK J.M. VAN OMMEN ISSUER YES FOR FOR
PROPOSAL #1.12: ELECT DIRECTOR KARSTEN VON KOLLER ISSUER YES FOR FOR
PROPOSAL #1.13: ELECT DIRECTOR REGINALD WINSSINGER ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Washington Prime Group Inc.
TICKER: WPG CUSIP: 92939N102
MEETING DATE: 5/21/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MARK S. ORDAN ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR MICHAEL P. GLIMCHER ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR LOUIS G. CONFORTI ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR ROBERT J. LAIKIN ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR NILES C. OVERLY �� ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR JACQUELYN R. SOFFER ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR RICHARD S. SOKOLOV ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR MARVIN L. WHITE ISSUER YES FOR FOR
PROPOSAL #2: CHANGE COMPANY NAME FROM WASHINGTON ISSUER YES FOR FOR
PRIME GROUP INC. TO WP GLIMCHER INC.
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #4: ADVISORY VOTE ON SAY ON PAY FREQUENCY ISSUER YES ONE YEAR FOR
PROPOSAL #5: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Washington Real Estate Investment Trust
TICKER: WRE CUSIP: 939653101
MEETING DATE: 5/14/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR CHARLES T. NASON ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR THOMAS H. NOLAN, JR. ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR ANTHONY L. WINNS ISSUER YES FOR FOR
PROPOSAL #2: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
PROPOSAL #3: RATIFY ERNST & YOUNG LLP AS AUDITORS ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Weingarten Realty Investors
TICKER: WRI CUSIP: 948741103
MEETING DATE: 4/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR ANDREW M. ALEXANDER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR STANFORD ALEXANDER ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR SHELAGHMICHAEL BROWN ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR JAMES W. CROWNOVER ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR ROBERT J. CRUIKSHANK ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR MELVIN A. DOW ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR STEPHEN A. LASHER ISSUER YES FOR FOR
PROPOSAL #1.8: ELECT DIRECTOR THOMAS L. RYAN ISSUER YES FOR FOR
PROPOSAL #1.9: ELECT DIRECTOR DOUGLAS W. SCHNITZER ISSUER YES FOR FOR
PROPOSAL #1.10: ELECT DIRECTOR C. PARK SHAPER ISSUER YES FOR FOR
PROPOSAL #1.11: ELECT DIRECTOR MARC J. SHAPIRO ISSUER YES FOR FOR
PROPOSAL #2: RATIFY DELOITTE & TOUCHE LLP AS AUDITORS ISSUER YES FOR FOR
PROPOSAL #3: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE ISSUER YES FOR FOR
OFFICERS' COMPENSATION
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Whitestone REIT
TICKER: WSR CUSIP: 966084204
MEETING DATE: 5/11/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR JACK L. MAHAFFEY ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR JAMES C. MASTANDREA ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PANNELL KERR FORSTER OF TEXAS, ISSUER YES FOR FOR
P.C. AS AUDITORS
PROPOSAL #3: REQUIRE A MAJORITY VOTE FOR THE ELECTION SHAREHOLDER YES AGAINST FOR
OF DIRECTORS
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ISSUER: Winthrop Realty Trust
TICKER: FUR CUSIP: 976391300
MEETING DATE: 8/5/2014 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1: APPROVE PLAN OF LIQUIDATION ISSUER YES FOR FOR
PROPOSAL #2: ADJOURN MEETING ISSUER YES FOR FOR
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ISSUER: Winthrop Realty Trust
TICKER: FUR CUSIP: 976391300
MEETING DATE: 5/28/2015 FOR/AGAINST
PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT
PROPOSAL #1.1: ELECT DIRECTOR MICHAEL L. ASHNER ISSUER YES FOR FOR
PROPOSAL #1.2: ELECT DIRECTOR ARTHUR BLASBERG, JR. ISSUER YES FOR FOR
PROPOSAL #1.3: ELECT DIRECTOR HOWARD GOLDBERG ISSUER YES FOR FOR
PROPOSAL #1.4: ELECT DIRECTOR THOMAS F. MCWILLIAMS ISSUER YES FOR FOR
PROPOSAL #1.5: ELECT DIRECTOR LEE SEIDLER ISSUER YES FOR FOR
PROPOSAL #1.6: ELECT DIRECTOR CAROLYN TIFFANY ISSUER YES FOR FOR
PROPOSAL #1.7: ELECT DIRECTOR STEVEN ZALKIND ISSUER YES FOR FOR
PROPOSAL #2: RATIFY PRICEWATERHOUSECOOPERS LLP AS ISSUER YES FOR FOR
AUDITORS
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.
VANGUARD SPECIALIZED FUNDS
By: /s/F. William McNabb III
F. William McNabb III*
Chairman and Chief Executive Officer
Date: August 28, 2015
*By: /s/Heidi Stam
Heidi Stam, pursuant to a Power of Attorney filed on April 22, 2014,
see File Number 2-17620. Incorporated by Reference.
