ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-4471 VAlue Line Aggressive Income Trust - ------------------------------------------------------------------------- (Exact name of registrant as specified in charter) 220 East 42nd Street, New York, NY 10017 - ------------------------------------------------------------------------- (Address of principal executive offices) David Henigson - ------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 212-907-1500 Date of Fiscal year-end: 1/31/2005 Date of reporting period: 7/1/2004 - 6/30/2005Item 1. Proxy Voting Record
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | |||
Proposal Type | Voted? | Vote | For/Agnst Mgmt | ||||
Agnico-Eagle Mines | 008474108 | 5/6/05 | Annual | ||||
1.01 | Elect Dr. Leanne M. Baker | MGMT | YES | FOR | FOR | ||
1.02 | Elect Douglas R. Beaumont | MGMT | YES | FOR | FOR | ||
1.03 | Elect Sean Boyd | MGMT | YES | FOR | FOR | ||
1.04 | Elect Bernard Kraft | MGMT | YES | FOR | FOR | ||
1.05 | Elect Mel Leiderman | MGMT | YES | FOR | FOR | ||
1.06 | Elect James D. Nasso | MGMT | YES | FOR | FOR | ||
1.07 | Elect Eberhard Scherkus | MGMT | YES | FOR | FOR | ||
1.08 | Elect Howard R. Stockford | MGMT | YES | FOR | FOR | ||
2 | Appoint auditors and set their fees | MGMT | YES | FOR | FOR | ||
3 | Adopt poison-pill-style defense | MGMT | YES | FOR | FOR | ||
Anadigics | 032515108 | 5/19/05 | Annual | ||||
1.01 | Elect Harry T. Rein | MGMT | YES | FOR | FOR | ||
1.02 | Elect Dennis F. Strigl | MGMT | YES | FOR | FOR | ||
2 | Adopt the Employee Stock Purchase Plan | MGMT | YES | AGNST | AGNST | ||
3 | Adopt the 2005 Long-Term Incentive and Share Award Plan | MGMT | YES | AGNST | AGNST | ||
4 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
BHP Billiton Ltd | BHP | 088606108 | 10/22/04 | Annual | |||
1 | Approve Financial Statements | MGMT | YES | ABSTAIN | AGNST | ||
2 | Approve Financial Statements | MGMT | YES | ABSTAIN | AGNST | ||
3 | Elect Donald R. Argus | MGMT | YES | ABSTAIN | AGNST | ||
4 | Elect Donald R. Argus | MGMT | YES | ABSTAIN | AGNST | ||
5 | Elect David A. Crawford | MGMT | YES | ABSTAIN | AGNST | ||
6 | Elect David A. Crawford | MGMT | YES | ABSTAIN | AGNST | ||
7 | Elect Charles Goodyear | MGMT | YES | ABSTAIN | AGNST | ||
8 | Elect Charles Goodyear | MGMT | YES | ABSTAIN | AGNST | ||
9 | Elect Dr John Schubert | MGMT | YES | ABSTAIN | AGNST | ||
10 | Elect Dr John Schubert | MGMT | YES | ABSTAIN | AGNST | ||
11 | Appoint Auditors and Set Their Fees | MGMT | YES | ABSTAIN | AGNST | ||
12 | Issue Stock w/ Preemptive Rights | MGMT | YES | ABSTAIN | AGNST | ||
13 | Issue Stock w/o Preemptive Rights | MGMT | YES | ABSTAIN | AGNST | ||
14 | Authorize Share Repurchase | MGMT | YES | ABSTAIN | AGNST | ||
15 | Approve Remuneration Policy | MGMT | YES | ABSTAIN | AGNST | ||
16 | Amend Executive Profit Sharing/Bonus Plan | MGMT | YES | ABSTAIN | AGNST | ||
17 | Approve Executive Profit Sharing/Bonus Plan | MGMT | YES | ABSTAIN | AGNST | ||
Reauthorize Share Issue Limit | |||||||
18 | Approve Directors for Stock Opt/Purchase Plan | MGMT | YES | ABSTAIN | AGNST | ||
19 | Approve Directors for Stock Opt/Purchase Plan | MGMT | YES | ABSTAIN | AGNST | ||
Captaris Inc | CAPA | 14071N104 | 5/12/05 | Annual | |||
1.01 | Elect Mark S. Siefertson | MGMT | YES | FOR | FOR | ||
1.02 | Elect Bruce L. Crockett | MGMT | YES | FOR | FOR | ||
1.03 | Elect Robert L. Lovely | MGMT | YES | FOR | FOR | ||
1.04 | Elect Patrick J. Swanick | MGMT | YES | FOR | FOR | ||
2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
Coeur d'Alene Mines Corp | CDE | 192108108 | 5/10/05 | Annual | |||
1.01 | Elect Cecil D. Andrus | MGMT | YES | FOR | FOR | ||
1.02 | Elect James J. Curran | MGMT | YES | FOR | FOR | ||
1.03 | Elect Andrew D. Lundquist | MGMT | YES | FOR | FOR | ||
1.04 | Elect Robert E. Mellor | MGMT | YES | FOR | FOR | ||
1.05 | Elect John H. Robinson Jr. | MGMT | YES | FOR | FOR | ||
1.06 | Elect J. Kenneth Thompson | MGMT | YES | FOR | FOR | ||
1.07 | Elect Alex Vitale | MGMT | YES | FOR | FOR | ||
1.08 | Elect Timothy R. Winterer | MGMT | YES | FOR | FOR | ||
1.09 | Elect Dennis E. Wheeler | MGMT | YES | FOR | FOR | ||
2 | Adopt Director Stock Incentive Plan | MGMT | YES | AGNST | AGNST | ||
Crescent Real Estate Equities Co | CEI | 225756105 | 6/13/05 | Annual | |||
1.01 | Elect John C. Goff | MGMT | YES | FOR | FOR | ||
1.02 | Elect Paul E. Rowsey III | MGMT | YES | FOR | FOR | ||
1.03 | Elect Robert W. Stallings | MGMT | YES | FOR | FOR | ||
2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
Delta & Pine Land Co | DLP | 247357106 | 1/11/05 | Annual | |||
1.01 | Elect Jon E.M. Jacoby | MGMT | YES | FOR | FOR | ||
1.02 | Elect F. Murray Robinson | MGMT | YES | FOR | FOR | ||
2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
3 | Adopt Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
GMH Communities Trust | GCT | 36188G102 | 6/8/05 | Annual | |||
1.01 | Elect Gary M. Holloway Sr. | MGMT | YES | FOR | FOR | ||
1.02 | Elect Bruce F. Robinson | MGMT | YES | FOR | FOR | ||
1.03 | Elect Frederick F. Buchholz | MGMT | YES | FOR | FOR | ||
1.04 | Elect James W. Eastwood | MGMT | YES | FOR | FOR | ||
1.05 | Elect Steven J. Kessler | MGMT | YES | FOR | FOR | ||
1.06 | Elect Denis J. Nayden | MGMT | YES | FOR | FOR | ||
1.07 | Elect Dennis J. O'Leary | MGMT | YES | FOR | FOR | ||
1.08 | Elect Richard A. Silfen | MGMT | YES | FOR | FOR | ||
Identix Inc | IDNX | 451906101 | 10/28/04 | Annual | |||
1.01 | Elect Milton E. Cooper | MGMT | YES | FOR | FOR | ||
1.02 | Elect Joseph J. Atick | MGMT | YES | FOR | FOR | ||
1.03 | Elect Malcolm J. Gudis | MGMT | YES | FOR | FOR | ||
1.04 | Elect John E. Haugo | MGMT | YES | FOR | FOR | ||
1.05 | Elect George Latimer | MGMT | YES | FOR | FOR | ||
1.06 | Elect John E. Lawler | MGMT | YES | FOR | FOR | ||
1.07 | Elect Patrick H. Morton | MGMT | YES | FOR | FOR | ||
2 | Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||
Marathon Oil Corp | MRO | 565849106 | 4/27/05 | Annual | |||
1.01 | Elect Shirley A. Jackson | MGMT | YES | FOR | FOR | ||
1.02 | Elect Philip Lader | MGMT | YES | FOR | FOR | ||
1.03 | Elect Seth E. Schofield | MGMT | YES | FOR | FOR | ||
1.04 | Elect Douglas C. Yearley | MGMT | YES | FOR | FOR | ||
2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
3 | Repeal classified board | SHLDR | YES | FOR | AGNST | ||
4 | Majority vote to elect directors | SHLDR | YES | FOR | AGNST | ||
Nicor Inc | GAS | 654086107 | 4/21/05 | Annual | |||
1.01 | Elect Robert M. Beavers Jr. | MGMT | YES | FOR | FOR | ||
1.02 | Elect Bruce P. Bickner | MGMT | YES | FOR | FOR | ||
1.03 | Elect John H. Birdsall III | MGMT | YES | FOR | FOR | ||
1.04 | Elect Thomas A. Donahoe | MGMT | YES | FOR | FOR | ||
1.05 | Elect Thomas L. Fisher | MGMT | YES | FOR | FOR | ||
1.06 | Elect John E. Jones | MGMT | YES | FOR | FOR | ||
1.07 | Elect Dennis J. Keller | MGMT | YES | FOR | FOR | ||
1.08 | Elect William A. Osborn | MGMT | YES | FOR | FOR | ||
1.09 | Elect Eden R. Martin | MGMT | YES | FOR | FOR | ||
1.10 | Elect John Rau | MGMT | YES | FOR | FOR | ||
1.11 | Elect John F. Riordan | MGMT | YES | FOR | FOR | ||
1.12 | Elect Russ M. Strobel | MGMT | YES | FOR | FOR | ||
2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
Pengrowth Energy Trust | 706902301 | 4/26/05 | Special | ||||
1 | Misc. non-U.S. mgt proposal | MGMT | YES | ABSTAIN | AGNST | ||
2 | Misc. non-U.S. mgt proposal | MGMT | YES | ABSTAIN | AGNST | ||
3 | Misc. non-U.S. mgt proposal | MGMT | YES | ABSTAIN | AGNST | ||
4 | Misc. non-U.S. mgt proposal | MGMT | YES | ABSTAIN | AGNST | ||
5 | Misc. non-U.S. mgt proposal | MGMT | YES | ABSTAIN | AGNST | ||
6 | Misc. non-U.S. mgt proposal | MGMT | YES | ABSTAIN | AGNST | ||
7 | Misc. non-U.S. mgt proposal | MGMT | YES | ABSTAIN | AGNST | ||
8 | Misc. non-U.S. mgt proposal | MGMT | YES | ABSTAIN | AGNST | ||
9 | Misc. non-U.S. mgt proposal | MGMT | YES | ABSTAIN | AGNST | ||
10 | Misc. non-U.S. mgt proposal | MGMT | YES | ABSTAIN | AGNST | ||
11 | Misc. non-U.S. mgt proposal | MGMT | YES | ABSTAIN | AGNST | ||
Perma-Fix Environmental | PESI | 714157104 | 7/28/04 | Annual | |||
1.01 | Elect Louis F. Centofanti | MGMT | YES | FOR | FOR | ||
1.02 | Elect Mark A. Zwecker | MGMT | YES | FOR | FOR | ||
1.03 | Elect Jon Colin | MGMT | YES | FOR | FOR | ||
1.04 | Elect Jack Lahav | MGMT | YES | FOR | FOR | ||
1.05 | Elect Alfred C. Warrington IV | MGMT | YES | FOR | FOR | ||
1.06 | Elect Joe R. Reeder | MGMT | YES | FOR | FOR | ||
1.07 | Elect Charles E. Young | MGMT | YES | FOR | FOR | ||
2 | Adopt Stock Option Plan | MGMT | YES | AGNST | AGNST | ||
3 | Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||
Phoenix Companies Inc | PNX | 71902E109 | 4/28/05 | Annual | |||
1.01 | Elect Salvatore H. Alfiero | MGMT | YES | FOR | FOR | ||
1.02 | Elect Martin N Baily | MGMT | YES | FOR | FOR | ||
1.03 | Elect John H. Forsgren Jr | MGMT | YES | FOR | FOR | ||
1.04 | Elect John E. Haire | MGMT | YES | FOR | FOR | ||
1.05 | Elect Thomas S. Johnson | MGMT | YES | FOR | FOR | ||
2 | Approve annual bonus plan | MGMT | YES | FOR | FOR | ||
3 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
Savient Pharmaceuticals Inc | SVNT | 80517Q100 | 6/1/05 | Annual | |||
1.01 | Elect Christopher Clement | MGMT | YES | FOR | FOR | ||
1.02 | Elect Herbert Conrad | MGMT | YES | FOR | FOR | ||
1.03 | Elect Jeremy Hayward-Surry | MGMT | YES | FOR | FOR | ||
1.04 | Elect Stephen O. Jaeger | MGMT | YES | FOR | FOR | ||
1.05 | Elect Carl E. Kaplan | MGMT | YES | FOR | FOR | ||
1.06 | Elect David Tendler | MGMT | YES | FOR | FOR | ||
1.07 | Elect Virgil Thompson | MGMT | YES | FOR | FOR | ||
1.08 | Elect Faye Wattleton | MGMT | YES | FOR | FOR | ||
1.09 | Elect Herbert Weissbach | MGMT | YES | FOR | FOR | ||
2 | Add shares to the 1998 Employee Stock Purchase Plan | MGMT | YES | AGNST | AGNST | ||
3 | Study sale or spin-off | SHLDR | YES | FOR | AGNST | ||
Semco Energy | SEN | 78412D109 | 5/24/05 | Annual | |||
1.01 | Elect Harvey I. Klein | MGMT | YES | FOR | FOR | ||
1.02 | Elect George A. Schreiber Jr. | MGMT | YES | FOR | FOR | ||
1.03 | Elect John C. van Roden Jr | MGMT | YES | FOR | FOR | ||
Semco Energy | SEN | 78412D109 | 6/28/05 | Annual | |||
1.01 | Elect Harvey I. Klein | MGMT | YES | FOR | FOR | ||
1.02 | Elect George A. Schreiber Jr. | MGMT | YES | FOR | FOR | ||
1.03 | Elect John C. van Roden Jr | MGMT | YES | FOR | FOR | ||
Silicon Graphics Inc | SGI | 827056102 | 12/8/04 | Annual | |||
1.01 | Elect Robert R. Bishop | MGMT | YES | FOR | FOR | ||
1.02 | Elect Robert M. White | MGMT | YES | FOR | FOR | ||
2 | Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||
Stelmar Shipping Ltd | SJH | V8726M103 | 11/16/04 | Special | |||
1 | Approve Merger/Acquisition | MGMT | YES | FOR | FOR | ||
Unisys Corp | UIS | 909214108 | 4/21/05 | Annual | |||
1.01 | Elect J. P. Bolduc | MGMT | YES | FOR | FOR | ||
1.02 | Elect James J. Duderstadt | MGMT | YES | FOR | FOR | ||
1.03 | Elect Matthew J. Espe | MGMT | YES | FOR | FOR | ||
1.04 | Elect Denise K. Fletcher | MGMT | YES | FOR | FOR | ||
2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
United Industrial Corp | UIC | 910671106 | 5/24/05 | Annual | |||
1.01 | Elect Glen Kassan | MGMT | YES | FOR | FOR | ||
1.02 | Elect Warren G. Lichtenstein | MGMT | YES | FOR | FOR | ||
1.03 | Elect Richard I. Neal | MGMT | YES | FOR | FOR | ||
1.04 | Elect Frederick M Strader | MGMT | YES | FOR | FOR | ||
2 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
Valence Technology Inc | VLNC | 918914102 | 10/28/04 | Annual | |||
1.01 | Elect Carl E. Berg | MGMT | YES | FOR | FOR | ||
1.02 | Elect Stephan B. Godevias | MGMT | YES | FOR | FOR | ||
1.03 | Elect Vassilis G. Keramidas | MGMT | YES | FOR | FOR | ||
1.04 | Elect Bert C. Roberts Jr. | MGMT | YES | FOR | FOR | ||
1.05 | Elect Alan F. Shugart | MGMT | YES | FOR | FOR | ||
2 | Add Shares to Stock Option Plan | MGMT | YES | AGNST | AGNST | ||
3 | Increase Authorized Common Stock | MGMT | YES | FOR | FOR | ||
Xcel Energy Inc | XEL | 98389B100 | 5/25/05 | Annual | |||
1.01 | Elect Richard H. Anderson | MGMT | YES | FOR | FOR | ||
1.02 | Elect C. Coney Burgess | MGMT | YES | FOR | FOR | ||
1.03 | Elect A. Barry Hirschfeld | MGMT | YES | FOR | FOR | ||
1.04 | Elect Richard C. Kelly | MGMT | YES | FOR | FOR | ||
1.05 | Elect Albert F. Moreno | MGMT | YES | FOR | FOR | ||
1.06 | Elect Ralph R. Peterson | MGMT | YES | FOR | FOR | ||
1.07 | Elect Margaret R. Preska | MGMT | YES | FOR | FOR | ||
1.08 | Elect Ronald M. Moquist | MGMT | YES | FOR | FOR | ||
2 | Adopt the 2005 Omnibus Stock Incentive Plan | MGMT | YES | FOR | FOR | ||
3 | Adopt the Executive Annual Incentive Plan | MGMT | YES | FOR | FOR | ||
4 | Ratify selection of auditors | MGMT | YES | FOR | FOR | ||
Any ballot marked 'Abstain' is considered to have been voted. Ballots marked 'Abstain' are considered to be have been voted against management's recommendation, regardless of whether the recommendation is 'For' or 'Against,' except where management has made no recommendation or has recommended that shareholders 'Abstain.'
Where management has recommended that shareholders 'Abstain' from voting on a ballot item: 1) a ballot market 'Abstain' is considered to have been voted for management's recommendation to 'Abstain' and 2) a ballot voted 'For" or 'Against' is considered to have been voted against management's recommendation to 'Abstain.'
Where management has made no recommendation on a ballot item, the abbreviation "N/A" is used to denote that there is no applicable recommendation compared to which a vote may be 'For' or 'Against' the recommendation of management.
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.
VAlue Line Aggressive Income Trust - ------------------------------------------------------------------------- (Registrant) By /s/ David T. Henigson ------------------------------------------------------------------ David T. Henigson, Vice President and Secretary/Treasurer (Signature & Title) Date August 30, 2005