FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-04864
Jennison Value Fund
(Exact name of registrant as specified in charter)
100 Mulberry Street, Gateway Center Three, 4th Floor, Newark, NJ 07102
(Address of principal executive offices) (Zip Code)
Lori E. Bostrom, Esq.
(Name and address of agent for service)
Registrant’s telephone number, including area code: 973-802-2991
Date of fiscal year-end: October 31, 2004
Date of reporting period: June 30, 2004
Item 1. Proxy Voting Record
In determining votes against management, any ballot that management did not make a recommendation is considered to be ‘FOR’ regardless of the vote cast. Any ‘Abstain’ vote cast is considered as voted, and to be against the management recommendation.
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: Jennison Value Fund #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Agilent Technologies | A | 00846U101 | 3/2/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect James G. Cullen | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Robert L. Joss | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Walter B. Hewlett | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
Allied Waste Industries | AW | 019589308 | 12/18/2003 | Special | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Common Stock Issuance | MGMT | YES | FOR | FOR | ||||||||||
Allied Waste Industries Inc | AW | 019589308 | 5/21/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Thomas H. Van Weelden | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Robert M. Agate | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Leon D. Black | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect James W. Crownover | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Michael S. Gross | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Dennis R. Hendrix | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect J. Tomilson Hill | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Lawrence V. Jackson | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Nolan Lehmann | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Howard A. Lipson | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Antony P. Ressler | MGMT | YES | FOR | FOR | ||||||||||
1.12 Elect Warren B. Rudman | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Expense Stock Options | SHLDR | YES | A | AGNST | ||||||||||
4.00 SP-Report on Efforts to Oppose Privatization | SHLDR | YES | A | AGNST |
Page 1 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Allstate Corp | ALL | 020002101 | 5/18/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect F. Duane Ackerman | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect James G. Andress | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Edward A. Brennan | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect W. James Farrell | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Jack M. Greenberg | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Ronald T. LeMay | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Edward M. Liddy | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect J. Christopher Reyes | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect H. John Riley Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Joshua I. Smith | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Judith A. Sprieser | MGMT | YES | FOR | FOR | ||||||||||
1.12 Elect Mary Alice Taylor | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Approve Annual Bonus Plan | MGMT | YES | A | AGNST | ||||||||||
4.00 Approve Long-Term Bonus Plan | MGMT | YES | A | AGNST | ||||||||||
5.00 SP-Adopt Cumulative Voting | SHLDR | YES | FOR | AGNST |
Page 2 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Altria Group | MO | 02209S103 | 4/29/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Elizabeth E. Bailey | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Mathis Cabiallavetta | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Loius C. Camilleri | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Dudley Fishburn | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Robert E.R. Huntley | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Thomas W. Jones | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Lucio A. Noto | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect John S. Reed | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Carlos Slim Helu | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Stephen M. Wolf | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Review or Reduce Tobacco Harm to Health | SHLDR | YES | A | AGNST | ||||||||||
4.00 SP-Review or Reduce Tobacco Harm to Health | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
6.00 SP-Review or Reduce Tobacco Harm to Health | SHLDR | YES | A | AGNST | ||||||||||
7.00 SP-Review or Reduce Tobacco Harm to Health | SHLDR | YES | A | AGNST | ||||||||||
8.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST |
Page 3 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
American Express | AXP | 025816109 | 4/26/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Daniel F. Akerson | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Charlene Barshefsky | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect William G. Bowen | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Ursula M. Burns | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Kenneth I. Chenault | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Peter R. Dolan | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Vernon E. Jordan Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Jan Leschly | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Richard A. McGinn | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Edward D. Miller | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Frank P. Popoff | MGMT | YES | FOR | FOR | ||||||||||
1.12 Elect Robert D. Walter | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Director Tenure/Retirement Age | SHLDR | YES | A | AGNST | ||||||||||
4.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
Anthem Inc | ATH | 03674B104 | 5/17/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Victor S. Liss | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect James W. McDowell, Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect George A. Schaefer Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Jackie M. Ward | MGMT | YES | FOR | FOR | ||||||||||
Anthem Inc | ATH | 03674B104 | 6/28/2004 | Special | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Merger/Acquisition | MGMT | YES | FOR | FOR | ||||||||||
1.00 Approve Common Stock Issuance | MGMT | YES | FOR | FOR | ||||||||||
2.00 Approve Name Change | MGMT | YES | FOR | FOR | ||||||||||
Apache | APA | 037411105 | 12/18/2003 | Special | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Increase Authorized Common Stock | MGMT | YES | FOR | FOR |
Page 4 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Apache | APA | 037411105 | 5/6/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Eugene C. Fiedorek | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Patricia Albjerg Graham | MGMT | YES | FOR | FOR | ||||||||||
1.03 �� Elect F.H. Merelli | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Raymond Plank | MGMT | YES | FOR | FOR | ||||||||||
2.00 SP-Report or Take Action on Climate Change | SHLDR | YES | A | AGNST | ||||||||||
AT&T Wireless Services Inc | AWE | 00209A106 | 5/19/2004 | Special | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Merger/Acquisition | MGMT | YES | FOR | FOR | ||||||||||
2.01 Elect Nobuharu Ono | MGMT | YES | FOR | FOR | ||||||||||
2.02 Elect Carolyn M. Ticknor | MGMT | YES | FOR | FOR | ||||||||||
2.03 Elect John D. Zeglis | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
6.00 SP-Require Majority Vote to Elect Directors | SHLDR | YES | A | AGNST | ||||||||||
Baker Hughes | BHI | 057224107 | 4/28/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Edward P. Djerejian | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect H. John Riley Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Charles L. Watson | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Repeal Classified Board | SHLDR | YES | FOR | AGNST | ||||||||||
4.00 SP-Redeem or Vote on Poison Pill | SHLDR | YES | FOR | AGNST |
Page 5 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Bank of America Corp | BAC | 060505104 | 5/26/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect William Barnet III | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Charles W. Coker | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect John T. Collins | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Gary L. Countryman | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Paul Fulton | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Charles K. Gifford | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Donald E. Guinn | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect James H. Hance Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Kenneth D. Lewis | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Walter E. Massey | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect J. Thomas May | MGMT | YES | FOR | FOR | ||||||||||
1.12 Elect C. Steven McMillan | MGMT | YES | FOR | FOR | ||||||||||
1.13 Elect Eugene M. McQuade | MGMT | YES | FOR | FOR | ||||||||||
1.14 Elect Patricia E. Mitchell | MGMT | YES | FOR | FOR | ||||||||||
1.15 Elect Edward L. Romero | MGMT | YES | FOR | FOR | ||||||||||
1.16 Elect Thomas M. Ryan | MGMT | YES | FOR | FOR | ||||||||||
1.17 Elect O. Temple Sloan Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.18 Elect Meredith R. Spangler | MGMT | YES | FOR | FOR | ||||||||||
1.19 Elect Jackie M. Ward | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Change Annual Meeting Date | SHLDR | YES | A | AGNST | ||||||||||
4.00 SP-Double Board Nominees | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Limit or End Charitable Giving | SHLDR | YES | A | AGNST | ||||||||||
6.00 SP-Mutual Funds Review Committee | SHLDR | YES | A | AGNST | ||||||||||
7.00 SP-Ensure Customer Privacy | SHLDR | YES | A | AGNST |
Page 6 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Bank Of New York | BK | 064057102 | 4/13/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Frank J. Biondi Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Nicholas M. Donofrio | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Alan R. Griffith | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Gerald L. Hassell | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Richard J. Kogan | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Michael J. Kowalski | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect John A. Luke Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect John C. Malone | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Paul Myners | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Robert C. Pozen | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Catherine A. Rein | MGMT | YES | FOR | FOR | ||||||||||
1.12 Elect Thomas A. Renyi | MGMT | YES | FOR | FOR | ||||||||||
1.13 Elect William C. Richardson | MGMT | YES | FOR | FOR | ||||||||||
1.14 Elect Brian L. Roberts | MGMT | YES | FOR | FOR | ||||||||||
1.15 Elect Samuel C. Scott III | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Amend Annual Bonus Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
5.00 Implement Executive Compensation Plan | MGMT | YES | A | AGNST | ||||||||||
6.00 SP-Increase Risk Committee Independence | SHLDR | YES | A | AGNST | ||||||||||
7.00 SP-Redeem or Vote on Poison Pill | SHLDR | YES | FOR | AGNST | ||||||||||
Boise Cascade | BC | 097383103 | 12/9/2003 | Special | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Merger/Acquisition | MGMT | YES | FOR | FOR | ||||||||||
1.00 Approve Common Stock Issuance | MGMT | YES | FOR | FOR | ||||||||||
2.00 Add Shares to Stock Option Plan | MGMT | YES | FOR | FOR |
Page 7 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Boise Cascade | BC | 097383103 | 4/15/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Claire S. Farley | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Rakesh Gangwal | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Gary G. Michael | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect A. William Reynolds | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
Cendant | CD | 151313103 | 4/20/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect M. Brian Mulroney | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Ronald L. Nelson | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Robert W. Pittman | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Myra J. Biblowit | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Sheli Z. Rosenberg | MGMT | YES | FOR | FOR | ||||||||||
2.00 Repeal Classified Board | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Cap Executive Pay | SHLDR | YES | FOR | AGNST | ||||||||||
Cigna | CI | 125509109 | 4/28/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Robert H. Campbell | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Jane E. Henney | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Charles R. Shoemate | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Louis W. Sullivan | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR |
Page 8 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Citigroup | C | 172967101 | 4/20/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect C. Michael Armstrong | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Alain J.P. Belda | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect George David | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Kenneth T. Derr | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect John M. Deutch | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Roberto H. Ramirez | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Ann Dibble Jordan | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Dudley C. Mecum II | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Richard D. Parsons | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Andrall E. Pearson | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Charles Prince | MGMT | YES | FOR | FOR | ||||||||||
1.12 Elect Robert E. Rubin | MGMT | YES | FOR | FOR | ||||||||||
1.13 Elect Franklin A. Thomas | MGMT | YES | FOR | FOR | ||||||||||
1.14 Elect Sanford I. Weill | MGMT | YES | FOR | FOR | ||||||||||
1.15 Elect Robert B. Willumstad | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
4.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
6.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
ConAgra Foods | CAG | 205887102 | 9/25/2003 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Elect Directors | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Review or Curb Bioengineering | SHLDR | YES | A | AGNST | ||||||||||
4.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Redeem or Vote on Poison Pill | SHLDR | YES | FOR | AGNST |
Page 9 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
DIRECTV Group Inc | DTV | 25459L106 | 6/2/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect K. Rupert Murdoch | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Neil R. Austrian | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Charles R. Lee | MGMT | YES | FOR | FOR | ||||||||||
2.00 Adopt Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Approve Annual Bonus Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
Ensco International Inc | ESV | 26874Q100 | 5/11/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect David M. Carmichael | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Thomas L. Kelly II | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Rita M. Rodriguez | MGMT | YES | FOR | FOR | ||||||||||
Exelon | EXC | 30161N101 | 4/27/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Nicholas DeBenedictis | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect G. Fred DiBona Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Sue L. Gin | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Edgar D. Jannotta | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Approve Annual Bonus Plan | MGMT | YES | FOR | FOR |
Page 10 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Express Scripts Inc | ESRX | 302182100 | 5/26/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Gary G. Benanav | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Frank J. Borelli | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Nicholas J. LaHowchic | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Thomas P. Mac Mahon | MGMT | YES | A | AGNST | ||||||||||
1.05 Elect John O. Parker Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect George Paz | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Samuel K. Skinner | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Seymour Sternberg | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Barrett A. Toan | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Howard L. Waltman | MGMT | YES | FOR | FOR | ||||||||||
2.00 Increase Authorized Common Stock | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR |
Page 11 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Exxon Mobil Corp | XOM | 30231G102 | 5/26/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Michael J. Boskin | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect James R. Houghton | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect William R. Howell | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Reatha Clark King | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Philip E. Lippincott | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Harry J. Longwell | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Henry A. McKinnell Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Marilyn Carlson Nelson | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Lee R. Raymond | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Walter V. Shipley | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Rex W. Tillerson | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Adopt Director Stock Award Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Affirm Political Nonpartisanship | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
6.00 SP-Review Operations’ Impact on Local Groups | SHLDR | YES | A | AGNST | ||||||||||
7.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
8.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
9.00 SP-Link Executive Pay to Social Criteria | SHLDR | YES | A | AGNST | ||||||||||
10.00 SP-Adopt Sexual Orientation Anti-Bias Policy | SHLDR | YES | A | AGNST | ||||||||||
11.00 SP-Report or Take Action on Climate Change | SHLDR | YES | A | AGNST |
Page 12 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
FirstEnergy Corp | FE | 337932107 | 5/18/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Paul T. Addison | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Ernest J. Novak Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect John M. Pietruski | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Catherine A. Rein | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Robert C. Savage | MGMT | YES | A | AGNST | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Repeal Classified Board | MGMT | YES | FOR | FOR | ||||||||||
4.00 Eliminate Supermajority Requirement | MGMT | YES | FOR | FOR | ||||||||||
5.00 Adopt Deferred Compensation Plan | MGMT | YES | FOR | FOR | ||||||||||
6.00 Adopt Deferred Compensation Plan | MGMT | YES | FOR | FOR | ||||||||||
7.00 SP-Expense Stock Options | SHLDR | YES | A | AGNST | ||||||||||
8.00 SP-Redeem or Vote on Poison Pill | SHLDR | YES | FOR | AGNST | ||||||||||
9.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
10.00 SP-Golden Parachutes | SHLDR | YES | FOR | AGNST | ||||||||||
FleetBoston Financial | FBF | 339030108 | 3/17/2004 | Special | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Merger/Acquisition | MGMT | YES | FOR | FOR | ||||||||||
2.00 Adjourn Meeting | MGMT | YES | FOR | FOR |
Page 13 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
General Dynamics | GD | 369550108 | 5/5/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Nicholas D. Chabraja | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect James S. Crown | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Lester Crown | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect William P. Fricks | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Charles H. Goodman | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Jay L. Johnson | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect George A. Joulwan | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Paul G. Kaminski | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect John M. Keane | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Lester L. Lyles | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Carl E. Mundy Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.12 Elect Robert Walmsley | MGMT | YES | FOR | FOR | ||||||||||
2.00 Adopt Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Redeem or Vote on Poison Pill | SHLDR | YES | FOR | AGNST | ||||||||||
4.00 SP-Review Foreign Military Sales | SHLDR | YES | A | AGNST | ||||||||||
General Motors | GM | 370442832 | 10/3/2003 | Special | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Non-Technical Charter Amendm | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Spin-Off Company Charter | MGMT | YES | FOR | FOR | ||||||||||
3.00 Approve Spin-off | MGMT | YES | FOR | FOR | ||||||||||
4.00 Approve Sale of Assets | MGMT | YES | FOR | FOR | ||||||||||
5.00 Approve Sale of Assets | MGMT | YES | FOR | FOR | ||||||||||
6.00 Eliminate Dual Class Stock | MGMT | YES | FOR | FOR |
Page 14 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Georgia-Pacific | GP | 373298108 | 5/4/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Barbara L. Bowles | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Donald V. Fites | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect David R. Goode | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Karen N. Horn | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect William R. Johnson | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect James B. Williams | MGMT | YES | FOR | FOR | ||||||||||
2.00 Amend Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Reapprove Option/Bonus Plan for OBRA | MGMT | YES | FOR | FOR | ||||||||||
4.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
GlobalSantaFe Corp | GSF | G3930E101 | 6/9/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Ferdinand A. Berger | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Khaled R. Al-Haroon | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Edward R. Muller | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Paul J. Powers | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect John L. Whitmire | MGMT | YES | FOR | FOR | ||||||||||
2.00 Approve Non-Technical Charter Amendments | MGMT | YES | FOR | FOR | ||||||||||
3.00 Approve Non-Technical Charter Amendments | MGMT | YES | FOR | FOR | ||||||||||
4.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
Goldman Sachs Group | GS | 38141G104 | 3/31/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect John P. Browne of Madingley | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Claes Dahlback | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect James A. Johnson | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Lois D. Juliber | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Lloyd C. Blankfein | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Repeal Classified Board | SHLDR | YES | FOR | AGNST |
Page 15 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Halliburton Co | HAL | 406216101 | 5/19/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Robert L. Crandall | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Kenneth T. Derr | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Charles J. DiBona | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect William R. Howell | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Ray L. Hunt | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect David J. Lesar | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Aylwin B. Lewis | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect J. Landis Martin | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Jay A. Precourt | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Debra L. Reed | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect C. J. Silas | MGMT | YES | FOR | FOR | ||||||||||
2.00 Increase Authorized Common Stock | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Report on Ties to State Sponsors of Terror | SHLDR | YES | A | AGNST | ||||||||||
4.00 SP-Require Majority Vote to Elect Directors | SHLDR | YES | FOR | AGNST | ||||||||||
5.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
Harris | HRS | 413875105 | 10/24/2003 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Elect Directors | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR |
Page 16 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Hartford Financial Services Group Inc | HIG | 416515104 | 5/20/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Ramani Ayer | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Ronald E. Ferguson | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Edward J. Kelly III | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Paul G. Kirk Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Thomas M. Marra | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Gail J. McGovern | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Robert W. Selander | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Charles B. Strauss | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect H. Patrick Swygert | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Gordon I. Ulmer | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect David K. Zwiener | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
Hewlett-Packard | HPQ | 428236103 | 3/17/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Lawrence T. Babbio Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Patricia C. Dunn | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Carleton S. Fiorina | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Richard A. Hackborn | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect George A. Keyworth II | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Robert E. Knowling Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Sanford M. Litvack | MGMT | YES | A | AGNST | ||||||||||
1.08 Elect Robert L. Ryan | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Lucille S. Salhany | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Adopt Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Expense Stock Options | SHLDR | YES | A | AGNST |
Page 17 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
IMC Global Inc | IGL | 449669100 | 5/14/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Donald F. Mazankowski | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Douglas A. Pertz | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Richard L. Thomas | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
International Paper Co | IP | 460146103 | 5/11/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Martha F. Brooks | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect James A. Henderson | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Robert D. Kennedy | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect W. Craig McClelland | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Robert M. Amen | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Amend Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Add Shares to Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 Reapprove Option/Bonus Plan for OBRA | MGMT | YES | FOR | FOR | ||||||||||
5.00 SP-Cap Executive Pay | SHLDR | YES | A | AGNST |
Page 18 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
J P Morgan Chase & Co | JPM | 46625H100 | 5/25/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Merger/Acquisition | MGMT | YES | FOR | FOR | ||||||||||
1.00 Approve Common Stock Issuance | MGMT | YES | FOR | FOR | ||||||||||
2.01 Elect Hans W. Becherer | MGMT | YES | FOR | FOR | ||||||||||
2.02 Elect Frank A. Bennack Jr. | MGMT | YES | FOR | FOR | ||||||||||
2.03 Elect John H. Biggs | MGMT | YES | FOR | FOR | ||||||||||
2.04 Elect Lawrence A. Bossidy | MGMT | YES | FOR | FOR | ||||||||||
2.05 Elect Ellen V. Futter | MGMT | YES | FOR | FOR | ||||||||||
2.06 Elect William H. Gray III | MGMT | YES | FOR | FOR | ||||||||||
2.07 Elect William B. Harrison Jr. | MGMT | YES | FOR | FOR | ||||||||||
2.08 Elect Helene L. Kaplan | MGMT | YES | FOR | FOR | ||||||||||
2.09 Elect Lee R. Raymond | MGMT | YES | FOR | FOR | ||||||||||
2.10 Elect John R. Stafford | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
4.00 Reapprove Option/Bonus Plan for OBRA | MGMT | YES | FOR | FOR | ||||||||||
5.00 Adjourn Meeting | MGMT | YES | FOR | FOR | ||||||||||
6.00 SP-Director Tenure/Retirement Age | SHLDR | YES | A | AGNST | ||||||||||
7.00 SP-Limit or End Charitable Giving | SHLDR | YES | A | AGNST | ||||||||||
8.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
9.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
10.00 SP-Failure to Disclose Derivatives | SHLDR | YES | A | AGNST | ||||||||||
11.00 SP-Limit Consulting by Auditors | SHLDR | YES | A | AGNST | ||||||||||
12.00 SP-Restrict Director Compensation | SHLDR | YES | A | AGNST | ||||||||||
13.00 SP-Link Executive Pay to Social Criteria | SHLDR | YES | A | AGNST | ||||||||||
Kerr-McGee Corp | KMG | 492386107 | 6/25/2004 | Special | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Common Stock Issuance | MGMT | YES | FOR | FOR | ||||||||||
1.00 Approve Merger/Acquisition | MGMT | YES | FOR | FOR |
Page 19 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Kimberly-Clark | KMB | 494368103 | 4/29/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Pastora San Juan Cafferty | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Claudio X. Gonzalez Laporte | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Linda Johnson Rice | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Marc J. Shapiro | MGMT | YES | FOR | FOR | ||||||||||
2.00 Amend Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
2.00 Add Shares to Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Redeem or Vote on Poison Pill | SHLDR | YES | FOR | AGNST | ||||||||||
Kroger Co | KR | 509971928 | 6/24/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect John L. Clendenin | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect David B. Dillon | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect David B. Lewis | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Don W. McGeorge | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect W. Rodney McMullen | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Susan M. Phillips | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Repeal Classified Board | SHLDR | YES | FOR | AGNST | ||||||||||
4.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Golden Parachutes | SHLDR | YES | A | AGNST |
Page 20 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Laboratory Corp of America Holdings | LH | 50540R409 | 5/12/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Thomas P. Mac Mahon | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Jean-Luc Belingard | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Wendy E. Lane | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Robert E. Mittelstaedt Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Andrew G. Wallace | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect M. Keith Weikel | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Craig M. Watson | MGMT | YES | FOR | FOR | ||||||||||
2.00 Adopt Employee Stock Purchase Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
Lehman Brothers Holdings | LEH | 524908100 | 4/2/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Roger S. Berlind | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Marsha J. Evans | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Christopher Gent | MGMT | YES | A | AGNST | ||||||||||
1.04 Elect Dina Merrill | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Approve Other Business | MGMT | YES | A | AGNST | ||||||||||
Liberty Media Corp | L | 530718105 | 6/9/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Robert R. Bennett | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Paul A. Gould | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect John C. Malone | MGMT | YES | FOR | FOR | ||||||||||
2.00 Amend Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR |
Page 21 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Limited Brands Inc | LTD | 532716107 | 5/17/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Eugene M. Freedman | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect V. Ann Hailey | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect David T. Kollat | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Leslie H. Wexner | MGMT | YES | FOR | FOR | ||||||||||
2.00 Adopt Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
Loews Corp | LTR | 540424207 | 5/11/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Joseph L. Bower | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect John Brademas | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Charles M. Diker | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Paul J. Fribourg | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Philip A. Laskawy | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Gloria R. Scott | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Andrew H. Tisch | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect James S. Tisch | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Jonathan M. Tisch | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Adopt Cumulative Voting | SHLDR | YES | FOR | AGNST | ||||||||||
4.00 SP-Review or Reduce Tobacco Harm to Health | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Limit or End Charitable Giving | SHLDR | YES | A | AGNST |
Page 22 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Lyondell Chemical | LYO | 552078107 | 5/6/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Carol A. Anderson | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect William T. Butler | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Stephen I. Chazen | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Travis Engen | MGMT | YES | A | AGNST | ||||||||||
1.05 Elect Stephen F. Hinchliffe, Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Danny W. Huff | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Ray R. Irani | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect David J. Lesar | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Dudley C. Mecum II | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Dan F. Smith | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect William R. Spivey | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
McDonald’s Corp | MCD | 580135101 | 5/20/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Edward A. Brennan | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Walter E. Massey | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect John W. Rogers Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Anne-Marie Slaughter | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Roger W. Stone | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Add Shares to Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Amend Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 Approve Annual Bonus Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 Approve Long-Term Bonus Plan | MGMT | YES | FOR | FOR | ||||||||||
Medco Health Solutions | MHS | 58405U102 | 4/21/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect David B. Snow, Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Howard W. Barker Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Brian L. Strom | MGMT | YES | A | AGNST | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR |
Page 23 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
MedImmune Inc | MEDI | 584699102 | 5/20/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Wayne T. Hockmeyer | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect David M. Mott | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect David Baltimore | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect M. James Barrett | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Melvin D. Booth | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect James H. Cavanaugh | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Barbara Hackman Franklin | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Gordon S. Macklin | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Elizabeth Wyatt | MGMT | YES | FOR | FOR | ||||||||||
2.00 Adopt Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
Mellon Financial | MEL | 58551A108 | 4/20/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Jared L. Cohon | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Ira J. Gumberg | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Martin G. McGuinn | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect David S. Shapira | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect John P. Surma | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Edward J. McAniff | MGMT | YES | FOR | FOR | ||||||||||
2.00 Adopt Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR |
Page 24 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Mentor Graphics Corp | MENT | 587200106 | 5/19/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Peter Bonfield | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Marsha B. Congdon | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect James R. Fiebiger | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Gregory K. Hinckley | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Kevin C. McDonough | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Patrick B. McManus | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Walden C. Rhines | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Fontaine K. Richardson | MGMT | YES | FOR | FOR | ||||||||||
2.00 Add Shares to Employee Stock Purchase Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Adopt Employee Stock Purchase Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 Add Shares to Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
5.00 Increase Authorized Common Stock | MGMT | YES | FOR | FOR | ||||||||||
Merrill Lynch | MER | 590188108 | 4/23/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect David K. Newbigging | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect J.W. Prueher | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Adopt Cumulative Voting | SHLDR | YES | FOR | AGNST | ||||||||||
4.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
Microsoft | MSFT | 594918104 | 11/11/2003 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Elect Directors | MGMT | YES | FOR | FOR | ||||||||||
2.00 Amend Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Amend Director Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Limit or End Charitable Giving | SHLDR | YES | A | AGNST |
Page 25 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Morgan Stanley | MWD | 617446448 | 4/20/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect John W. Madigan | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Klaus Zumwinkel | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Howard Davies | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Repeal Classified Board | SHLDR | YES | FOR | AGNST | ||||||||||
4.00 SP-Golden Parachutes | SHLDR | YES | FOR | AGNST | ||||||||||
5.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
Motorola | MOT | 620076109 | 5/3/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Edward J. Zander | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect H. Laurance Fuller | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Judy C. Lewent | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Walter E. Massey | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Nicholas Negroponte | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Indra K. Nooyi | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect John E. Pepper Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Samuel C. Scott III | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Douglas A. Warner III | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect John A. White | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Mike S. Zafirovski | MGMT | YES | FOR | FOR | ||||||||||
2.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
3.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
Navistar International | NAV | 63934E108 | 2/17/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Michael N. Hammes | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect James H. Keyes | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Southwood J. Morcott | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Adopt Stock Option Plan | MGMT | YES | FOR | FOR |
Page 26 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
New York Times | NYT | 650111107 | 4/13/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Raul E. Cesan | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect William E. Kennard | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Thomas Middelhoff | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Henry B. Schacht | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Donald M. Stewart | MGMT | YES | FOR | FOR | ||||||||||
2.00 Adopt Director Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
Nexen | #Null# | 65334H102 | 5/4/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Charles W. Fischer | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Dennis G. Flanagan | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect David A. Hentschel | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect S. Barry Jackson | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Kevin J. Jenkins | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Eric P. Newell | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Thomas C. ONeill | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Francis M. Saville | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Richard M. Thomson | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect John M. Wilson | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Victor Zaleschuk | MGMT | YES | FOR | FOR | ||||||||||
2.00 Appoint Auditors and Set Their Fees | MGMT | YES | FOR | FOR | ||||||||||
3.00 Amend Articles—Technical | MGMT | YES | FOR | FOR | ||||||||||
3.00 Amend Board Powers/Procedures/Qualifications | MGMT | YES | FOR | FOR | ||||||||||
4.00 Amend Stock Option Plan | MGMT | YES | FOR | �� | FOR | |||||||||
5.00 Amend Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
6.00 SP-Phase Out Stock Options | SHLDR | YES | A | AGNST | ||||||||||
7.00 SP-Report on Environmental Performance | SHLDR | YES | A | AGNST |
Page 27 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Northrop Grumman Corp | NOC | 666807102 | 5/18/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Lewis W. Coleman | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect J. Michael Cook | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Phillip A. Odeen | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Aulana L. Peters | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Kevin W. Sharer | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Review Military Contracting Criteria | SHLDR | YES | A | AGNST | ||||||||||
4.00 SP-Repeal Classified Board | SHLDR | YES | FOR | AGNST | ||||||||||
Novartis | NOV | 66987V109 | 2/24/2004 | Special | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Financial Statements | MGMT | YES | A | AGNST | ||||||||||
2.00 Ratify Board Acts-Legal | MGMT | YES | A | AGNST | ||||||||||
3.00 Set Dividend/Allocate Profits | MGMT | YES | A | AGNST | ||||||||||
4.00 Approve Use/Transfer of Reserves | MGMT | YES | A | AGNST | ||||||||||
5.00 Reduce Authorized Capital | MGMT | YES | A | AGNST | ||||||||||
5.00 Cancel Authorized Stock | MGMT | YES | A | AGNST | ||||||||||
6.00 Authorize Share Repurchase | MGMT | YES | A | AGNST | ||||||||||
7.00 Amend Board Election Rules | MGMT | YES | A | AGNST | ||||||||||
8.00 Election of Directors by Slate | MGMT | YES | A | AGNST | ||||||||||
9.00 Appoint Outside Auditors | MGMT | YES | A | AGNST |
Page 28 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Occidental Petroleum | OXY | 674599105 | 4/30/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Ronald W. Burkle | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect John S. Chalsty | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Edward P. Djerejian | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect R. Chad Dreier | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect John E. Feick | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Ray R. Irani | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Dale R. Laurance | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Irvin W. Maloney | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Rodolfo Segovia | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Aziz D. Syriani | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Rosemary Tomich | MGMT | YES | FOR | FOR | ||||||||||
1.12 Elect Walter L. Weisman | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Add Shares to Director Stock Award Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST |
Page 29 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Pfizer | PFE | 717081103 | 4/22/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Michael S. Brown | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect M. Anthony Burns | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Robert N. Burt | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect W. Don Cornwell | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect William H. Gray III | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Constance J. Horner | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect William R. Howell | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Stanley O. Ikenberry | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect George A. Lorch | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Henry A. McKinnell Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Dana G. Mead | MGMT | YES | FOR | FOR | ||||||||||
1.12 Elect Franklin D. Raines | MGMT | YES | FOR | FOR | ||||||||||
1.13 Elect Ruth J. Simmons | MGMT | YES | FOR | FOR | ||||||||||
1.14 Elect William C. Steere Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.15 Elect Jean-Paul Valles | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Adopt Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Review AIDS Pandemic’s Impact on Company | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Limit or End Political Spending | SHLDR | YES | A | AGNST | ||||||||||
6.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
7.00 SP-Director Tenure/Retirement Age | SHLDR | YES | A | AGNST | ||||||||||
8.00 SP-Review Drug Pricing or Distribution | SHLDR | YES | A | AGNST | ||||||||||
9.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
10.00 SP-Review or Promote Animal Welfare | SHLDR | YES | A | AGNST |
Page 30 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
PG&E | PCG | 69331C108 | 4/21/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect David R. Andrews | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Leslie S. Biller | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect David A. Coulter | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect C. Lee Cox | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Robert D. Glynn Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect David M. Lawrence | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Mary S. Metz | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Barry L. Williams | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Redeem or Vote on Poison Pill | SHLDR | YES | FOR | AGNST | ||||||||||
4.00 SP-Golden Parachutes | SHLDR | YES | FOR | AGNST | ||||||||||
5.00 SP-Increase Board Independence | SHLDR | YES | A | AGNST | ||||||||||
6.00 SP-Review Nuclear Facility/Waste | SHLDR | YES | A | AGNST | ||||||||||
7.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
8.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
Principal Financial Group Inc | PFG | 74251V102 | 5/18/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect David J. Drury | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect C. Daniel Gelatt | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Sandra L. Helton | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Federico F. Pena | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Approve Annual Bonus Plan | MGMT | YES | FOR | FOR |
Page 31 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Safeway Inc | SWY | 786514208 | 5/20/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Steven A. Burd | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Robert I. MacDonnell | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect William Y. Tauscher | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Repeal Classified Board | MGMT | YES | FOR | FOR | ||||||||||
4.00 Exchange Underwater Options | MGMT | YES | A | AGNST | ||||||||||
5.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
6.00 SP-Adopt Cumulative Voting | SHLDR | YES | FOR | AGNST | ||||||||||
7.00 SP-Review or Curb Bioengineering | SHLDR | YES | A | AGNST | ||||||||||
8.00 SP-Report on Sustainability | SHLDR | YES | A | AGNST | ||||||||||
9.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
10.00 SP-Expense Stock Options | SHLDR | YES | A | AGNST | ||||||||||
SBC Communications | SBC | 78387G103 | 4/30/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect James E. Barnes | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect James A. Henderson | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect John B. McCoy | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect S. Donley Ritchey | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Joyce M. Roche | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Patricia P. Upton | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Repeal Classified Board | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Reduce Board Size | SHLDR | YES | A | AGNST |
Page 32 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Schlumberger Ltd. | SLB | 806857108 | 4/14/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect John M. Deutch | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Jamie S. Gorelick | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Andrew Gould | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Tony Isaac | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Adrian Lajous | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Andre Levy-Lang | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Didier Primat | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Tore I. Sandvold | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Nicolas Seydoux | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Linda Gillespie Stuntz | MGMT | YES | FOR | FOR | ||||||||||
2.00 Approve Financial Statements | MGMT | YES | FOR | FOR | ||||||||||
3.00 Adopt Director Stock Award Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
Sempra Energy | SRE | 816851109 | 5/4/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Stephen L. Baum | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Wilford D. Godbold Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Richard G. Newman | MGMT | YES | FOR | FOR | ||||||||||
2.00 Reapprove Option/Bonus Plan for OBRA | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Repeal Classified Board | SHLDR | YES | FOR | AGNST | ||||||||||
5.00 SP-Redeem or Vote on Poison Pill | SHLDR | YES | FOR | AGNST | ||||||||||
6.00 SP-Limit Consulting by Auditors | SHLDR | YES | A | AGNST | ||||||||||
7.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST |
Page 33 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Sprint | FON | 852061506 | 4/20/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Gordon M. Bethune | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect E. Linn Draper Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Deborah A. Henretta | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Linda Koch Lorimer | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Award Performance-based Stock Options | SHLDR | YES | FOR | AGNST | ||||||||||
4.00 SP-Cap Executive Pay | SHLDR | YES | A | AGNST | ||||||||||
5.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
6.00 SP-Report on Risk to Image of Globalization Strate | SHLDR | YES | A | AGNST | ||||||||||
Suncor Energy | #Null# | 867229106 | 4/29/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Mel E. Benson | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Brian Canfield | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Susan E. Crocker | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Bryan P. Davies | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Brian A. Felesky | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect John T. Ferguson | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect W. Douglas Ford | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Richard L. George | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect John R. Huff | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Robert W. Korthals | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect M. Ann McCaig | MGMT | YES | FOR | FOR | ||||||||||
1.12 Elect Michael W. O’Brien | MGMT | YES | FOR | FOR | ||||||||||
1.13 Elect JR Shaw | MGMT | YES | FOR | FOR | ||||||||||
2.00 Appoint Auditors and Set Their Fees | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Oppose/Change Executive Pay | SHLDR | YES | A | AGNST |
Page 34 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Tenet Healthcare | THC | 88033G100 | 7/23/2003 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Elect Directors | MGMT | YES | FOR | FOR | ||||||||||
2.00 Repeal Classified Board | MGMT | YES | FOR | FOR | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
4.00 SP-Increase Board Independence | SHLDR | YES | A | AGNST | ||||||||||
Time Warner Inc | TWX | 887317105 | 5/21/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect James L. Barksdale | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Stephen F. Bollenbach | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Stephen M. Case | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Frank J. Caufield | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Robert C. Clark | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Miles R. Gilburne | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Carla A. Hills | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Reuben Mark | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Michael A. Miles | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Kenneth J. Novack | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Richard D. Parsons | MGMT | YES | FOR | FOR | ||||||||||
1.12 Elect Robert E. Turner | MGMT | YES | FOR | FOR | ||||||||||
1.13 Elect Francis T. Vincent Jr. | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-China—Adopt Code of Conduct | SHLDR | YES | A | AGNST | ||||||||||
4.00 SP-Link Executive Pay to Social Criteria | SHLDR | YES | A | AGNST |
Page 35 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
TOTAL | #Null# | 89151E109 | 4/28/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Financial Statements | MGMT | YES | T | AGNST | ||||||||||
2.00 Approve Financial Statements | MGMT | YES | T | AGNST | ||||||||||
3.00 Set Dividend/Allocate Profits | MGMT | YES | T | AGNST | ||||||||||
4.00 Approve Related Party Transactions | MGMT | YES | T | AGNST | ||||||||||
5.00 Authorize Trade in Company Stock | MGMT | YES | T | AGNST | ||||||||||
6.00 Issue Debt Instruments | MGMT | YES | T | AGNST | ||||||||||
7.00 Elect Thierry Demarest | MGMT | YES | T | AGNST | ||||||||||
8.00 Elect Thierry de Rudder | MGMT | YES | T | AGNST | ||||||||||
9.00 Elect Serge Tchuruk | MGMT | YES | T | AGNST | ||||||||||
10.00 Elect Shareholder Representative Daniel Boeuf | MGMT | YES | T | AGNST | ||||||||||
11.00 Elect Shareholder Representative P. Marchandise | MGMT | YES | T | AGNST | ||||||||||
12.00 Elect Shareholder Representative Cyril Mouche | MGMT | YES | T | AGNST | ||||||||||
13.00 Elect Shareholder Representative Alan Cramer | MGMT | YES | T | AGNST | ||||||||||
14.00 Appoint Outside Auditors | MGMT | YES | T | AGNST | ||||||||||
15.00 Appoint Outside Auditors | MGMT | YES | T | AGNST | ||||||||||
16.00 Appoint Outside Auditors | MGMT | YES | T | AGNST | ||||||||||
17.00 Appoint Outside Auditors | MGMT | YES | T | AGNST | ||||||||||
18.00 Approve Directors’ Fees | MGMT | YES | T | AGNST | ||||||||||
19.00 Approve Stock Option Grants | MGMT | YES | T | AGNST | ||||||||||
20.00 Issue Stock w/ Preemptive Rights | MGMT | YES | T | AGNST | ||||||||||
20.00 Increase Authorized Capital | MGMT | YES | T | AGNST | ||||||||||
21.00 Increase Authorized Capital | MGMT | YES | T | AGNST | ||||||||||
21.00 Issue Stock w/o Preemptive Rights | MGMT | YES | T | AGNST | ||||||||||
22.00 Increase Authorized Capital | MGMT | YES | T | AGNST | ||||||||||
22.00 Issue Stock w/o Preemptive Rights | MGMT | YES | T | AGNST |
Page 36 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Toys ‘R’ Us Inc | TOY | 892335100 | 6/2/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect RoAnn Costin | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect John Eyler | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Roger N. Farah | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Peter A. Georgescu | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Cinda A. Hallman | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Calvin Hill | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Nancy J. Karch | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Norman S. Matthews | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Arthur B. Newman | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Frank R. Noonan | MGMT | YES | FOR | FOR | ||||||||||
2.00 SP-Require Majority Vote to Elect Directors | SHLDR | YES | A | AGNST | ||||||||||
Travelers Property Casualty | TAP | 89420G406 | 3/19/2004 | Special | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Merger/Acquisition | MGMT | YES | FOR | FOR | ||||||||||
TXU Corp | TXU | 873168108 | 5/21/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Derek C. Bonham | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect E. Gail De Planque | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect William M. Griffin | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Kerney Laday | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Jack E. Little | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Erle Nye | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect James E. Oesterreicher | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Michael W. Ranger | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Herbert H. Richardson | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect C. John Wilder | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Require Option Shares to Be Held | SHLDR | YES | A | AGNST |
Page 37 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Tyco International | TYC | 902124106 | 3/25/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Dennis C. Blair | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Edward D. Breen | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect George W. Buckley | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Bruce S. Gordon | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect John A. Krol | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect H. Carl McCall | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Mackey J. McDonald | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Brendan R. O’Neill | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Sandra S. Wijnberg | MGMT | YES | A | AGNST | ||||||||||
1.10 Elect Jerome B. York | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Brian Duperreault | MGMT | YES | FOR | FOR | ||||||||||
2.00 Authorize Committee to Set Auditors’ Fees | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Adopt New Bylaws | MGMT | YES | FOR | FOR | ||||||||||
4.00 Adopt Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
5.00 SP-Review and reduce toxic emissions | MGMT | YES | A | AGNST | ||||||||||
6.00 Reincorporate to U.S. State | MGMT | YES | A | AGNST | ||||||||||
7.00 Implement Executive Compensation Plan | MGMT | YES | A | AGNST |
Page 38 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Union Pacific | UNP | 907818108 | 4/16/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Phillip F. Anschutz | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Richard K. Davidson | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Thomas J. Donohue | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Archie W. Dunham | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Spencer F. Eccles | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Ivor J. Evans | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Judith R. Hope | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Michael W. McConnell | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Steven R. Rogel | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Ernesto Zedillo | MGMT | YES | FOR | FOR | ||||||||||
2.00 Adopt Stock Option Plan | MGMT | YES | A | AGNST | ||||||||||
3.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
4.00 Performance/Time-Based Restricted Shares | MGMT | YES | A | AGNST | ||||||||||
5.00 SP-Report on Political Donations and Policy | SHLDR | YES | A | AGNST |
Page 39 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Verizon Communications | VZ | 92343V104 | 4/28/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect James R. Barker | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Richard L. Carrion | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Robert W. Lane | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Sandra O. Moose | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Joseph Neubauer | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Thomas H. O’Brien | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Hugh B. Price | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Ivan G. Seidenberg | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Walter V. Shipley | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect John R. Stafford | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Robert D. Storey | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Adopt Cumulative Voting | SHLDR | YES | FOR | AGNST | ||||||||||
4.00 SP-Increase Board Independence | SHLDR | YES | FOR | AGNST | ||||||||||
5.00 SP-Independent Board Chairman | SHLDR | YES | A | AGNST | ||||||||||
6.00 SP-Redeem or Vote on Poison Pill | SHLDR | YES | FOR | AGNST | ||||||||||
7.00 SP-Approve Extra Benefits Under Serps | SHLDR | YES | A | AGNST | ||||||||||
8.00 SP-Restrict Executive Compensation | SHLDR | YES | A | AGNST | ||||||||||
9.00 SP-Link Executive Pay to Social Criteria | SHLDR | YES | A | AGNST | ||||||||||
10.00 SP-Review Political Spending | SHLDR | YES | A | AGNST | ||||||||||
11.00 SP-Collecting Service Fees | SHLDR | YES | A | AGNST |
Page 40 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Waste Management Inc | WMI | 94106L109 | 5/14/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Pastora San Juan Cafferty | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Frank M. Clark Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Robert Stevens Miller Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect A. Maurice Myers | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect John C. Pope | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect W. Robert Reum | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Steven G. Rothmeier | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect David P. Steiner | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Carl W. Vogt | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Adopt Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 Approve Annual Bonus Plan | MGMT | YES | FOR | FOR | ||||||||||
WellPoint Health Networks | WLP | 94973H108 | 6/28/2004 | Special | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.00 Approve Merger/Acquisition | MGMT | YES | FOR | FOR |
Page 41 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
Wyeth | WYE | 983024100 | 4/22/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Clifford L. Alexander Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Frank A. Bennack Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Richard L. Carrion | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Robert Essner | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect John D. Feerick | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Robert S. Langer | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect John P. Mascotte | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect Mary Lake Polan | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect Ivan G. Seidenberg | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Walter V. Shipley | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect John R. Torell III | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 SP-Review Drug Pricing or Distribution | SHLDR | YES | A | AGNST | ||||||||||
4.00 SP-Review or Promote Animal Welfare | SHLDR | YES | A | AGNST | ||||||||||
Xerox Corp | XRX | 984121103 | 5/20/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect Glenn A. Britt | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Richard J. Harrington | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect William Curt Hunter | MGMT | YES | FOR | FOR | ||||||||||
1.04 Elect Vernon E. Jordan Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.05 Elect Hilmar Kopper | MGMT | YES | FOR | FOR | ||||||||||
1.06 Elect Ralph S. Larsen | MGMT | YES | FOR | FOR | ||||||||||
1.07 Elect Anne M. Mulcahy | MGMT | YES | FOR | FOR | ||||||||||
1.08 Elect N. J. Nicholas, Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.09 Elect John E. Pepper, Jr. | MGMT | YES | FOR | FOR | ||||||||||
1.10 Elect Ann N. Reese | MGMT | YES | FOR | FOR | ||||||||||
1.11 Elect Stephen Robert | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR | ||||||||||
3.00 Adopt Stock Option Plan | MGMT | YES | FOR | FOR | ||||||||||
4.00 Adopt Director Stock Option Plan | MGMT | YES | A | AGNST |
Page 42 of 43
Form N-PX Proxy Voting Record 7/1/03—6/30/04
Trust: Jennison Value Fund
Manager: Prudential
Fund: JENNISON VALUE FUND #1990
ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE | ||||||||||
Proposal Type | Voted? | Vote Cast | For/Agnst Mgmt | |||||||||||
XL Capital Ltd. | XL | G98255105 | 4/30/2004 | Annual | ||||||||||
Adviser: Jennison Associates | ||||||||||||||
1.01 Elect John Loudon | MGMT | YES | FOR | FOR | ||||||||||
1.02 Elect Robert S. Parker | MGMT | YES | FOR | FOR | ||||||||||
1.03 Elect Alan Z. Senter | MGMT | YES | FOR | FOR | ||||||||||
2.00 Ratify Selection of Auditors | MGMT | YES | FOR | FOR |
Page 43 of 43
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.
Jennison Value Fund
By
/s/ Judy A. Rice Judy A. Rice, President |
Date: August 23, 2004