UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-04704
Sims Total Return Fund, Inc.
(Exact name of registrant as specified in charter)
225 East Mason Street, Suite 802, Milwaukee, WI 53202
(Address of principal executive offices) (Zip code)
David C. Sims, Vice President
Sims Capital Management LLC
225 East Mason Street, Suite 802
Milwaukee, WI, 53202
(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, 2017 – June 30, 2018
Item 1. Proxy Voting Record
PROXY VOTING RECORD
Name of Fund: Sims Total Return Fund
Period: July 1, 2017 - June 30, 2018
Company Name | Meeting Date | Shares Voted | CUSIP | Ticker |
Abbott Laboratories | 4/27/2018 | 7,000 | 002824100 | ABT |
Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
For | For | 1. DIRECTORS / All 12 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 2018. | Issuer | |
For | For | 3. Proposal on advisory vote to approve executive compensation | Issuer | |
For | Against | 4. Proposal on Independent Board Chairman | Security Holder | |
American Express Company | 5/7/2018 | 3,000 | 025816109 | AXP |
Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
For | For | 1. DIRECTORS / All 13 Nominees | Issuer | |
For | For | 2. Proposal to reappoint PricewaterhouseCoopers as the independent registered public accounting firm for the Company for the fiscal year 2018. | Issuer | |
For | For | 3. Proposal on advisory vote to approve executive compensation | Issuer | |
For | Against | 4. Proposal relating to action by written consent | Security Holder | |
For | Against | 5. Proposal on Independent Board Chairman | Security Holder | |
Automatic Data Processing, Inc. | 11/7/2017 | 4,000 | 053015103 | ADP |
Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
For | Against | 1. DIRECTORS / All, except Eric Fast, Glenn Hubbard, and John Jones; For William Ackman. | Security Holder | |
For | Against | 2. Proposal to modify bylaws. | Security Holder | |
For | For | 3. Proposal to reappoint Deloitte as the independent registered public accounting firm for the Company for the fiscal year 2018. | Issuer | |
1-year | 1-year | 4. Proposal on frequency of votes on executive compensation | Issuer | |
Against | For | 5. Proposal on executive compensation | Issuer | |
AutoZone, Inc. | 12/20/2017 | 375 | 053332102 | AZO |
Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
For | For | 1. DIRECTORS / All 10 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 2018. | Issuer | |
Against | For | 3. Proposal on advisory vote to approve executive compensation | Issuer | |
1-year | 1-year | 4. Proposal on frequency of executive compensation vote | Issuer | |
Cisco Systems, Inc. | 12/11/2017 | 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 amendment to incentive plan. | Issuer | |
Against | For | 3. Proposal on executive incentive plan. | Issuer | |
Against | For | 4. Proposal on advisory vote to approve executive compensation | Issuer | |
1-year | 1-year | 5. Proposal on frequency of executive compensation votes | Issuer | |
For | For | 6. Proposal to reappoint PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the fiscal year 2018. | Issuer | |
For | Against | 6. Proposal to request an annual report about lobbying activities. | Shareholder | |
Colgate-Palmolive Company | 5/11/2018 | 19,400 | 194162103 | CL |
Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
For | For | 1. DIRECTORS / All 10 Nominees | Issuer | |
For | For | 2. Proposal to reappoint PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the fiscal year 2018. | Issuer | |
Against | For | 3. Proposal for executive compensation approval. | Issuer | |
For | Against | 4. Proposal on 10% threshold to call special shareholder meetings. | Shareholder | |
Diamond Hill Investment Group | 5/2/2018 | 2,000 | 25264R207 | DHFT |
Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
For | For | 1. DIRECTORS / All 5 Nominees | Issuer | |
For | For | 2. Proposal to ratify the appointment of auditors. | Issuer | |
For | For | 3. Proposal for advisory vote for executive compensation. | Issuer | |
General Electric | 4/25/2018 | 11,000 | 369604103 | GE |
Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
For | For | 1. DIRECTORS / All 12 Nominees | Issuer | |
For | For | 2. Proposal for advisory vote for executive compensation. | Issuer | |
For | For | 3. Proposal for the approval of stock purchase plan. | Issuer | |
For | For | 4. Proposal to ratify the appointment of auditors. | Issuer | |
For | Against | 5. Proposal for independent board chairman. | Shareholder | |
Against | Against | 6. Proposal to adopt cumulative voting. | Shareholder | |
Against | Against | 7. Proposal to deduct impact of stock buybacks from executive pay. | Shareholder | |
Against | Against | 8. Proposal to issue report on political lobbying and contributions. | Shareholder | |
Against | Against | 9. Proposal to issue report on stock buybacks. | Shareholder | |
Against | Against | 10. Proposal to permit shareholder action by written consent. | Shareholder | |
O'Reilly Automotive, Inc. | 5/8/2018 | 1,000 | 053332102 | ORLY |
Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
For | For | 1. DIRECTORS / All 9 Nominees | Issuer | |
For | For | 2. Proposal for approval of executive compensation. | Issuer | |
For | For | 3. Proposal to ratify the appointment of auditors. | Issuer | |
Against | Against | 4. Proposal entitled "Special Shareholder Meeting Improvement". | Shareholder | |
Pfizer Inc. | 4/26/2018 | 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 | |
For | For | 4. Proposal to approve the stock plan. | Issuer | |
Against | Against | 5. Shareholder proposal regarding action by written consent. | Shareholder | |
For | For | 6. Proposal to implement independent board chairman policy. | Shareholder | |
Against | Against | 7. Shareholder proposal regarding report on lobbying activities. | Shareholder | |
White Mountains Insurance | 5/24/2018 | 444 | G9618E107 | WTM |
Vote Cast | Management Vote | Proposal | Proposed by Issuer or Security Holder | |
Unvoted | For | 1. DIRECTORS / All 3 Nominees | Issuer | |
Unvoted | For | 2. Proposal for approval of executive compensation. | Issuer | |
Unvoted | For | 3. Ratification of the Independent Auditor | Issuer |
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/ David C. Sims, Principal Financial Officer |
Date August 23, 2018