UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-04704
Sims Total Return Fund, Inc.
(Exact name of registrant as specified in charter)
(Exact name of registrant as specified in charter)
225 East Mason Street, Suite 802, Milwaukee, WI 53202
(Address of principal executive offices) (Zip code)
(Address of principal executive offices) (Zip code)
David C. Sims, President
Sims Capital Management LLC
225 East Mason Street, Suite 802
Milwaukee, WI, 53202
(Name and address of agent for service)
(Name and address of agent for service)
Registrant's telephone number, including area code: (414) 765-1107
Date of fiscal year end: June 30
Date of reporting period: July 1, 2016 – June 30, 2017
Item 1. Proxy Voting Record
PROXY VOTING RECORD
| Name of Fund: | Sims Total Return Fund | |||
| Period: | July 1, 2016 - June 30, 2017 | |||
| Company Name | Meeting Date | Shares Voted | CUSIP | Ticker |
| Abbott Laboratories | 4/28/2017 | 7,000 | 002824100 | ABT |
| Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
| For | For | 1. DIRECTORS / All 11 Nominees | Issuer | |
| For | For | 2. Proposal to reappoint Ernst & Young LLP as the independent registered public accounting firm for the Company for the fiscal year 2017. | Issuer | |
| Against | For | 3. Proposal on advisory vote to approve executive compensation | Issuer | |
| 1-year | 1-year | 4. Proposal on frequency to conduct an advisory vote to approve executive compensation | Issuer | |
| Against | For | 5. Proposal to approve the 2017 Incentive Stock Program | Issuer | |
| Against | For | 6. Proposal to approve the 2017 Employee Stock Purchase Plan for non-US employees | Issuer | |
| For | Against | 7. Proposal for an Independent Board Chairman. | Shareholder | |
| Cisco Systems, Inc. | 12/12/2016 | 5,000 | 17275R102 | CSCO |
| Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
| For | For | 1. DIRECTORS / All 11 Nominees | Issuer | |
| Against | For | 2. Proposal on advisory vote to approve executive compensation | Issuer | |
| For | For | 3. Proposal to reappoint PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the fiscal year 2017. | Issuer | |
| Against | Against | 4. Proposal on a report relating to the Company's lobbying policies. | Shareholder | |
| Against | Against | 5. Proposal on report disclosing Arab and non-Arab employees in Israel-Palestine. | Shareholder | |
| Against | Against | 6. Proposal to request the Board form a committee to resassess the Company's actions with respect to Israel's Settlements. | Shareholder | |
| Crossroads Capital, Inc. | 6/2/2017 | 187,672 | 227656105 | XRDC |
| Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
| For | For | 1. Proposal to withdraw BDC election. | Issuer | |
| For | For | 2. Proposal to approve adjournments to the special meeting. | Issuer | |
| For | For | 3. Proposal to authorize a Plan of Liquidation. | Issuer | |
| Crossroads Capital, Inc. | 6/2/2017 | 187,672 | 227656105 | XRDC |
| Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
| For | For | 1. DIRECTORS / All 3 Nominees | Issuer | |
| For | For | 2. Proposal to reappoint Tait, Weller & Baker, LLP as the independent registered public accounting firm for the Company for the fiscal year 2017. | Issuer | |
| eBay, Inc. | 3/20/2017 | 15,000 | 278642103 | EBAY |
| Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
| For | For | 1. DIRECTORS / All 12 Nominees | Issuer | |
| Against | For | 2. Proposal for advisory vote for executive compensation. | Issuer | |
| 1-year | 1-year | 3. Proposal for the frequency of the executive compensation vote. | Issuer | |
| For | For | 4. Proposal to ratify the appointment of auditors. | Issuer | |
| Against | Against | 5. Proposal by stockholder regarding right to act by written consent. | Shareholder | |
| Franklin Resources | 2/15/2017 | 13,000 | 354613101 | BEN |
| Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
| For | For | 1. DIRECTORS / All 10 Nominees | Issuer | |
| Against | For | 2. Proposal for advisory vote for executive compensation. | Issuer | |
| 1-year | 3-year | 3. Proposal for the frequency of the executive compensation vote. | Issuer | |
| For | For | 4. Proposal to ratify the appointment of auditors. | Issuer | |
| Against | Against | 5. Proposal by stockholder for a report on climate change | Shareholder | |
| Against | Against | 6. Proposal by stockholder for a report on executive pay. | Shareholder | |
| General Electric | 2/15/2017 | 11,000 | 369604103 | GE |
| Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
| Unvoted | For | 1. DIRECTORS / All 18 Nominees | Issuer | |
| Unvoted | For | 2. Proposal for advisory vote for executive compensation. | Issuer | |
| Unvoted | 1-year | 3. Proposal for the frequency of the executive compensation vote. | Issuer | |
| Unvoted | For | 4. Approval of GE's long-term Incentive Plan, amended. | Issuer | |
| Unvoted | For | 5. Approval of Senior Officer Performance Goals | Issuer | |
| Unvoted | For | 6. Ratification of the Independent Auditor | Issuer | |
| Unvoted | Against | 7. Report on lobbying activities | Shareholder | |
| Unvoted | Against | 8. Independent Board Chairman | Shareholder | |
| Unvoted | Against | 9. Adopt cumulative voting for director elections. | Shareholder | |
| Unvoted | Against | 10. Report on charitable contributions. | Shareholder | |
| Pfizer Inc. | 2/28/2017 | 7,000 | 717081103 | PFE |
| Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
| For | For | 1. DIRECTORS / All 12 Nominees | Issuer | |
| For | For | 2. Ratification of the Independent Auditor | Issuer | |
| Against | For | 3. Proposal for approval of executive compensation. | Issuer | |
| 1-year | 1-year | 4. Proposal for the frequency of the executive compensation vote. | Issuer | |
| Against | Against | 5. Shareholder proposal regarding Holy Land Principles. | Shareholder | |
| Against | Against | 6. Shareholder proposal regarding shareholder meetings. | Shareholder | |
| For | Against | 7. Shareholder proposal regarding independent chair policy. | Shareholder | |
| U.S. Bancorp | 4/18/2017 | 5,000 | 902973304 | USB |
| Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
| For | For | 1. DIRECTORS / All 16 Nominees | Issuer | |
| For | For | 2. Ratification of the Independent Auditor | Issuer | |
| Against | For | 3. Proposal for approval of executive compensation. | Issuer | |
| 1-year | 1-year | 4. Proposal for the frequency of the executive compensation vote. | Issuer | |
| For | Against | 5. Requirement for Independent Board Chairman | Shareholder | |
| Verizon Communications | 5/4/2017 | 6,000 | 92343V104 | VZ |
| Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
| For | For | 1. DIRECTORS / All 12 Nominees | Issuer | |
| For | For | 2. Ratification of the Independent Auditor | Issuer | |
| Against | For | 3. Proposal for approval of executive compensation. | Issuer | |
| 1-year | 1-year | 4. Proposal for the frequency of the executive compensation vote. | Issuer | |
| Against | Against | 5. Approval of 2017 Long-term Incentive Plan | Shareholder | |
| Against | Against | 6. Human Rights Committee | Shareholder | |
| Against | Against | 7. Report on Greenhouse Gas Reduction Targets. | Shareholder | |
| Against | Against | 8. Special Shareowner Meetings | Shareholder | |
| For | Against | 9. Executive Compensation Clawback Policy | Shareholder | |
| Against | Against | 10. Stock Retention Policy | Shareholder | |
| For | Against | 11. Limit Matching Contributions for Executives | Shareholder | |
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.
(Registrant) Sims Total Return Fund, Inc.
By (Signature and Title) | /s/ Luke E. Sims, President and CEO |
Date July 27, 2017