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 811-05339
Concorde Funds, Inc.
(Exact name of registrant as specified in charter)
5430 LBJ Freeway, Suite 1500, Dallas, TX 75240-2675
(Address of principal executive offices) (Zip code)
Gary B. Wood
5430 LBJ Freeway, Suite 1500, Dallas, TX 75240-2675
(Name and address of agent for service)
Registrant's telephone number, including area code: 972-404-1500
Date of fiscal year end: September 30th
Date of reporting period: June 30, 2007 Item 1. Proxy Voting Record.
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Oracle Corporation | 10/9/2006 | 68389x105 | orcl |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| For | For | Director 11 | |
| | | | |
| For | For | 2. Proposal for the approval of the adoption of the Fiscal Year 2007 Executive Bonus Plan. | Issuer |
| | | | |
| For | For | 3. Proposal to ratify the selection of Ernst & Young LLP as Independent Registered Public Accounting Firm of the Company for the Fiscal Year Ending May 31, 2007. | Issuer |
| | | | |
| For | For | 4. Proposal for the approval of the Amended and Restated 1993 Directors' Stock Plan. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Microsoft Corporation | 11/14/2006 | 594918104 | msft |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | |
| For | For | 1A. William H. Gates, III | Issuer |
| For | For | 1B. Steven A. Ballmer | Issuer |
| For | For | 1C. James I. Cash, Jr. | Issuer |
| For | For | 1D. Dina Dublon | Issuer |
| For | For | 1E. Raymond V. Gilmartin | Issuer |
| For | For | 1F. David F. Marquardt | Issuer |
| For | For | 1G. Charles H. Noski | Issuer |
| For | For | 1H. Helmut Panke | Issuer |
| For | For | 1I. Jon A. Shirley | Issuer |
| | | | |
| For | For | 2. Ratification of the selection of Deloitte & Touche LLP as the Company's Independent Auditor | Issuer |
| | | | |
| Against | Against | 3. Shareholder Proposal - Restriction on selling products and services to foreign governments. | Security Holder |
| | | | |
| Against | Against | 4. Shareholdeer Proposal - Sexual orientation in Equal Employment Opportunity Policy. | Security Holder |
| | | | |
| Against | Against | 5. Shareholder Proposal - Hiring of Proxy Advisor. | Security Holder |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Agilent Technologies, Inc. | 2/26/2007 | 00846U101 | a |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| | | | |
| For | For | 2. The ratification of the Audit and Finance Committee's appointment of PriceWaterhouseCoopers LLP as Agilent's Independent Registered Public Accounting Firm. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| The Walt Disney Company | 3/7/2007 | 254687106 | dis |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| For | For | Director 11 | |
| | | | |
| For | For | 2. To ratify the appointment of PriceWaterhouseCoopers LLP as the Company's Registered Public Accountants for 2007. | Issuer |
| | | | |
| For | For | 3. To approve the Amendments to the Amended and Restated 2005 Stock Incentive Plan. | Issuer |
| | | | |
| For | For | 4. To approve the Terms of the Amended and Restated 2002 Executive Performance Plan. | Issuer |
| | | | |
| Against | Against | 5. To approve the Shareholder Proposal relating to Greenmail. | Security Holder |
| | | | |
| Against | Against | 6. To approve the Shareholder Proposal to amend the Bylaws relating to Stockholder Rights Plan. | Security Holder |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Headwaters Incorporated | 2/26/2007 | 42210P102 | hw |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| | | | |
| For | For | 2. Ratify the Selection by the Board of Earnst & Young, LLP as Independent Auditors of Headwaters for Fiscal 2007. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Tyco International, Ltd. | 3/7/2007 | 902124106 | tyc |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| For | For | Director 11 | |
| | | | |
| For | For | 1A. Approval of Reverse Stock Split of the Company's Common Shares at a Split Ratio of 1 for 4. | Issuer |
| | | | |
| For | For | 1B. Approval of Consequential Amendment to the Company's Amended and Restated By-Laws. | Issuer |
| | | | |
| For | For | 2. Re-appointment of Deloitte & Touche LLP as Tyco's Independent Auditors and Authorization for the Audit Committee of the Board of Directors to set the Auditors' Remuneration. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Pfizer Inc. | 4/25/2007 | 717081103 | pfe |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| For | For | Director 11 | |
| For | For | Director 12 | |
| | | | |
| For | For | 2. Proposal to ratify the selection of KPMG LLP as Independent Registered Public Accounting Firm for 2007. | Issuer |
| | | | |
| Against | Against | 3. Shareholder proposal relating to cumulative voting. | Security Holder |
| | | | |
| Against | Against | 4. Shareholder proposal requesting a report on the rationale for exploring animal experimentation. | Security Holder |
| | | | |
| Against | Against | 5. Shareholder proposal requesting a report on the feasibility of amending Pfizer's Corporate Policy on laboratory animal care and use. | Security Holder |
| | | | |
| Against | Against | 6. Shareholder proposal relating to qualifications for Director Nominees. | Security Holder |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Vergy Ltd. | 4/10/2007 | Y93691106 | vrgy |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| Not Voted - All shares sold prior to voting deadline | For | 1. Re-election of Mr. C. Scott Gibson as a Class I Director of the Company. | Issuer |
| | | | |
| | For | 2. Re-election of Mr. Eric Meurice as a Class I Director of the Company. | Issuer |
| | | | |
| | For | 3. Re-election of Dr. Claudine Simson as a Class I Director of the Company. | Issuer |
| | | | |
| | For | 4. Re-election of Mr. Adrian Dillon as a Class II Director of the Company. | Issuer |
| | | | |
| | For | 5. Re-election of Mr. Ernest L. Godshalk as a Class II Director of the Company. | Issuer |
| | | | |
| | For | 6. Re-election of Mr. Keith L. Barnes as a Class III Director of the Company. | Issuer |
| | | | |
| | For | 7. Re-election of Mr. Paul Chan Kwai Wah as a Class III Director of the Company. | Issuer |
| | | | |
| | For | 8. The re-appointment of PriceWaterhouseCoopers as the Singapore Independent Auditors for the Company for Fiscal Year 2007, and authorization for the Board of Directors to fix PriceWaterhouseCoopers' remuneration. | Issuer |
| | | | |
| | For | 9. The authorization for the Directors of the Company to allot and issue ordinary shares. | Issuer |
| | | | |
| | For | 10. Approve, ratify and confirm the Director cash compensation and additional cash compensation of the audit, compensation and nominating and governance committees paid during fiscal year 2006. | Issuer |
| | | | |
| | For | 11. Approve, ratify and confirm the Director cash compensation and additional cash compensation for the respective chairpersons of the audit, compensation and nominating and governance committees paid for the approximately 17.5 month period from November 1, 2007 through the 2008 Annual General Meeting of Shareholders. | Issuer |
| | | | |
| | | |
| | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Lehman Brothers Holding Inc | 4/12/2007 | 524908100 | leh |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| For | For | 1A. Election of Director: Michael L. Ainslie | Issuer |
| For | For | 1B. Election of Director: John F. Akers | Issuer |
| For | For | 1C. Election of Director: Roger S. Berlind | Issuer |
| For | For | 1D. Election of Director: Thomas H. Cruikshank | Issuer |
| For | For | 1E. Election of Director: Marsha Johnson Evans | Issuer |
| For | For | 1F. Election of Director: Richard S. Fuld, Jr. | Issuer |
| For | For | 1G. Election of Director: Sir Christopher Gent | Issuer |
| For | For | 1H. Election of Director: Roland A. Hernandez | Issuer |
| For | For | 1I. Election of Director: Henry Kaufman | Issuer |
| For | For | 1J. Election of Director: John D. Macomber | Issuer |
| | | | |
| For | For | 2. Ratify the selection of Ernst & Young LLP as the Company's Independent Register Public Accounting Firm for the 2007 fiscal year by the Audit Committee of the Board of Directors. | Issuer |
| | | | |
| For | For | 3. Approve an amendment to Lehman Brothers Holdings Inc. 2005 Stock Incentive Plan. | Issuer |
| | | | |
| Against | Against | 4. Stockholder proposal regarding political contributions. | Security Holder |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| The Washington Post | 5/10/2007 | 939640108 | wpo |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| Not Voted/All shares sold prior to | For | Director 1 | |
| voting deadline | For | Director 2 | |
| | For | Director 3 | |
| | | | |
| | For | 2. To transact such other business as may properly come before said meeting or any adjournment thereof. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Lockheed Martin Corporation | 4/26/2007 | 539830109 | lmt |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| For | For | Director 11 | |
| For | For | Director 12 | |
| For | For | Director 13 | |
| For | For | Director 14 | |
| | | | |
| For | For | 2. Ratification of Appointment of Independent Auditors. | Issuer |
| | | | |
| Against | Against | 3. Stockholder proposal by Evelyn Y. Davis. | Security Holder |
| | | | |
| Against | Against | 4. Stockholder proposal by John Chevedden. | Security Holder |
| | | | |
| Against | Against | 5. Stockholder proposal by the Sisters of Mercy of the Americas, Regional Community of Detroit Charitable Trust and other groups. | Security Holder |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Altria Group, Inc. | 4/25/2007 | 02209S103 | mo |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| For | For | Director 11 | |
| | | | |
| For | For | 2. Ratification of the selection of Independent Auditors. | Issuer |
| | | | |
| Against | Against | 3. Stockholder Proposal 1 - Cumulative Voting | Security Holder |
| | | | |
| Against | Against | 4. Stockholdr Proposal 2 - Informing children of their rights if forced to incure secondhad somke. | Security Holder |
| | | | |
| Against | Against | 5. Stockholder Proposal 3 - Stop all Company-sponsored "Campaigns" allededly oriented to prevent youth from smoking. | Security Holder |
| | | | |
| Against | Against | 6. Sotckholder Proposal 4 - Get out of traditional tobacco business by 2010 | Security Holder |
| | | | |
| Against | Against | 7. Stockholder Proposal 5 - Animal welfare policy | Security Holder |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Diebold, Incorporated | 4/25/2007 | 253651103 | dbd |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| | | | |
| For | For | 2. To ratify the appointment of KPMG, LLP as the Corporation's Independent Auditorrs for the year 2007. | Issuer |
| | | | |
| For | For | 3A. To approve amendments to the Amended Code of Regulations of Diebold, Incorporated relating to: Modernization and clarification of existing code. | Issuer |
| | | | |
| For | For | 3B. To approve amendments to the Amended Code of Regulations of Diebold, Incorporated realing to: A new NYSE requirement regarding uncertified shares. | Issuer |
| | | | |
| For | For | 3C. To approve amendments to the Amended Code of Regulations of Diebold, Incorporated relating to: Indemnification of Officers and Directors. | Issuer |
| | | | |
| For | For | 3D. To approve amendments to the Amended Code of Regulations of Diebold, Incorporated relating to: Notice of Shareholder Proposals. | Issuer |
| | | | |
| For | For | 3E. To approve amendments to the Amended Code of Regulations of Diebold, Incorporated relating to: Permitting the Board to amend the Code to the extent permitted by law. | Issuer |
| | | | |
| For | For | 4. To consider such other matters as may properly come before the meeting or any adjournment or postponement thereof. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Johnson & Johnson | 4/25/2007 | 478160104 | jnj |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| For | For | Director 11 | |
| | | | |
| For | For | 2. Ratification of appointment of PriceWaterhouseCoopers, LLP as Independent Registered Public Accounting Firm. | Issuer |
| | | | |
| Against | Against | 3. Proposal on majority voting requirement for Director Nominees. | Security Holder |
| | | | |
| Against | Against | 4. Proposal on Supplemental Retirement Plan. | Security Holder |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Abbott Laboratories | 4/26/2007 | 002824100 | abt |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| For | For | Director 11 | |
| For | For | Director 12 | |
| For | For | Director 13 | |
| | | | |
| For | For | 2. Ratification of DeLoitte & Touche, LLP as Auditors. | Issuer |
| | | | |
| Against | Against | 3. Shareholder Proposal - Advisory Vote | Security Holder |
| | | | |
| Against | Against | 4. Shareholder Proposal - The roles of Chair and CEO | Security Holder |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| MBIA | 5/2/2007 | 55262C100 | mbi |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| | | | |
| For | For | 2. Approval of appointment of PriceWaterhoseCoopers, LLP as Independent Auditors. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Illinois Tool Works | 5/3/2007 | 452308109 | itw |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| | | | |
| For | For | 2. Ratification of the appointment of DeLoitte & Touche, LLP as ITW's Independent Public Accountants for 2007. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Waste Management, Inc. | 5/4/2007 | 94106L109 | wmi |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | 1A. Proposal to elect: Pastora San Juan Cafferty | |
| For | For | 1B. Proposal to elect: Frank M. Clark, Jr. | |
| For | For | 1C. Proposal to elect: Patrick W. Gross | |
| For | For | 1D. Proposal to elect: Thomas I. Morgan | |
| For | For | 1E. Proposal to elect: John C. Pope | |
| For | For | 1F. Proposal to elect: W. Robert Reum | |
| For | For | 1G. Proposal to elect: Steven G. Rothmeier | |
| For | For | 1H. Proposal to elect: David P. Steiner | |
| For | For | 1I. Proposal to elect: Thomas H. Weidemeyer | |
| | | | |
| For | For | 2. Proposal to ratify the appointment of Ernst & Young, LLP as the Independent Registered Public Accounting Firm for 2007. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Sealed Air Corporation | 5/17/2007 | 81211K100 | see |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| For | For | 1. Election of Hank Brown as a Director. | Issuer |
| | | | |
| For | For | 2. Election of Michael Chu as a Director. | Issuer |
| | | | |
| For | For | 3. Election of Lawrence R. Codey as a Director. | Issuer |
| | | | |
| For | For | 4. Election of T. J. Dermot Dunphy as a Director. | Issuer |
| | | | |
| For | For | 5. Election of Charles F. Farrell, Jr. as a Director. | Issuer |
| | | | |
| For | For | 6. Election of William V. Hickey as a Director. | Issuer |
| | | | |
| For | For | 7. Election of Jacqueline B. Kosecoff as a Director. | Issuer |
| | | | |
| For | For | 8. Election of Kenneth P. Manning as a Director. | Issuer |
| | | | |
| For | For | 9. Election of William J. Marino as a Director. | Issuer |
| | | | |
| For | For | 10. Ratification of the appointment of KPMG, LLP as the Independent Auditor for the year ending December 31, 2007. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| EMC Corporation | 5/2/2007 | 268648102 | emc |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| | | | |
| For | For | 2. To ratify the selection by the Audit Committee of the Board of Directors of PriceWaterhouseCoopers, LLP as EMC's Independent Auditors for the fiscal year ending December 31, 2007. | Issuer |
| | | | |
| For | For | 3. To approve an Amended and Restated EMC Corporation 2003 Stock Plan to increase by 100,000,000. | Issuer |
| | | | |
| For | For | 4. To approve an amendment to EMC's 1989 Employee Stock Purchase Plan to increase by 25,000,000 | Issuer |
| | | | |
| For | For | 5. To eliminate EMC's classified Board structure and provide for the annual election of each Director. | Issuer |
| | | | |
| Against | Against | 6. To act upon a shareholder proposal relating to EMC's Audit Committee, as described in EMC's Proxy Statement. | Security Holder |
| | | | |
| Against | Against | 7. To act upon a shareholder porposal relating to election of Directors by majority vote, as described in EMC's Proxy Statement. | Security Holder |
| | | | |
| Against | Against | 8. To act upon a shareholder proposal relating to simple majority vote, as described in EMC's Proxy Statement. | Security Holder |
| | | | |
| Against | Against | 9. To act upon a shareholder proposal relating to pay-for-superior performance, as described in EMC's Proxy Statement. | Security Holder |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Delphi Financial Group | 5/7/2007 | 247131105 | dfg |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| For | For | Director 10 | |
| For | For | Director 11 | |
| For | For | Director 12 | |
| | | | |
| For | For | 2. Approval of the amendment to the 2003 Employee Long-Term Incentive and Share Award Plan to increase the number of shares available thereunder. | Issuer |
| | | | |
| For | For | 3. To transact such other business as properly comes before the meeting or any adjournment thereof. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Cimarex Energy Co. | 5/15/2007 | 17178101 | xec |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| | | | |
| For | For | 2. Ratify appointment of KPMG LLP as Independent Auditors for 2007. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Terex Corporation | 5/16/2007 | 880779103 | tex |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| For | For | Director 5 | |
| For | For | Director 6 | |
| For | For | Director 7 | |
| For | For | Director 8 | |
| For | For | Director 9 | |
| | | | |
| For | For | 2. Ratification of selection of Independent Registerd Public Accounting Firm. | Issuer |
| | | | |
| For | For | 3. Amendment of Terex Certificate of Incorporation to increase number of authorized shares of common stock. | Issuer |
| | | | |
| For | For | 4. Approval of Amendment and Restatement of Terex Employee Stock Purchase Plan. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Pulte Homes, Inc. | 5/9/2007 | 745864101 | phm |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| | | | |
| For | For | 2. To ratify the appointment of Ernst & young LLP as Pulte Homes' Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2007 | Issuer |
| | | | |
| Against | Against | 3. A shareholder proposal requesting the election of Directors by a majority, rather than plurality, vote. | Security Holder |
| | | | |
| Against | Against | 4. A shareholder proposal requesting the declassification of the Board of Directors. | Security Holder |
| | | | |
| Against | Against | 5. A shareholder proposal requesting the formation of a majority vote shareholder committee. | Security Holder |
| | | | |
| Against | Against | 6. A shareholder proposal regarding the use of performance-based options. | Security Holder |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Fiserv, Inc. | 5/22/2007 | 337738108 | fisv |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| | | | |
| For | For | 2. To approve an amendment to our Articles of Incorporation to allow our By-Laws to provide for a Majority Voting Standard for the election of Directors in uncontested elections. | Issuer |
| | | | |
| For | For | 3. To approve the Fiserv, Inc. 2007 Omnibus Incentive Plan. | Issuer |
| | | | |
| For | For | 4. To ratify the selection of Deloitte & Touche LLP as our Independent Registered Public Accounting Firm for 2007. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| The Bank of New York Company, Inc. | 5/23/2007 | 064057102 | bk |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| For | For | 1. To adopt the Amended and Restated Agreement and Plan of Merger dated as of 12/03/06, Amended and Restated as of 2/23/07, and further Amended and Restated as of 3/30/07, by and between Mellon Financial Corporation, The Bank of New York Company, Inc. and the Bank of New York Mellon Corporation, all as more fully described in the Proxy Statement. | Issuer |
| | | | |
| For | For | 2. To approve a provision in the Certificate of Incorporation of Newco requiring the affirmative vote of the holders of at least 75 percent of the outstanding voting shares of Newco for direct shareholder amendment of Article V of the By-Laws, all as more fully described in the Proxy Statement. | Issuer |
| | | | |
| For | For | 3. To approve the numer of authorized shares of Newco Capital Stock as set forth in Newco's Certificate of Incorporation. | Issuer |
| | | | |
| For | For | 4. To adjourn The Bank of New York special meeting, if necessary or appropriate, including to solicit additional proxies. | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Devon Energy Corporation | 6/5/2007 | 25179M103 | dvn |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | Issuer |
| For | For | Director 1 | |
| For | For | Director 2 | |
| | | | |
| For | For | 2. Ratify the appointment of the Company's Independentauditors for 2008 | Issuer |
| | | | |
| | | | |
| | | | |
Name of Fund: | Concorde Value Fund | |
Period: | July 1, 2006 - June 30, 2007 | |
| | | | |
| | | | |
Company Name | Meeting Date | CUSIP | Ticker |
| Lowe's Companies, Inc. | 5/25/2007 | 548661107 | |
| | | | |
| | | | |
Vote | MRV | Proposal | Proposed by Issuer or Security Holder |
| | | 1. Directors | |
| For | For | Director 1 | |
| For | For | Director 2 | |
| For | For | Director 3 | |
| For | For | Director 4 | |
| | | | |
| For | For | 2. Approve an amendment to the Lowe's Companies employee stock option plan - stock options for everyone - to increase the number of shares authorized for issuance under the plan. | |
| For | For | 3. Ratify the appointment of Deloitte & Touche LLP as the Company's independent accountants. | |
| Against | Against | 4. Shareholder proposal establishing minimum share ownership requirement for director nominees. | |
| Against | Against | 5. Shareholder proposal requesting annual report on wood procurement. | |
| Against | Against | 6. Shareholder proposal regarding annual election of each director. | |
| Against | Against | 7. Shareholder proposal regarding executive severance agreements. | |
| Against | Against | 8. Shareholder proposal regarding executive compensation plan. | |
| | | | |
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) Concorde Funds, Inc.
By (Signature and Title)* /s/John A. Stetter
John A. Stetter, Secretary
Principal Executive Officer
Date 7/11/2007
* Print the name and title of each signing officer under his or her signature.
