Ivy Funds N-PX Annual report of proxy voting record

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 811-6569

IVY FUNDS

(Exact Name as Specified in Charter)

6300 Lamar Avenue, Overland Park, Kansas 66202-4200

(Address of Principal Executive Office) (Zip Code)

Philip A. Shipp, 6300 Lamar Avenue, Overland Park, Kansas 66202-4200

(Name and Address of Agent for Service)

Registrant’s Telephone Number, including Area Code: (913) 236-2000

Date of fiscal year end: June 30

Date of reporting period: July 1, 2019 to June 30, 2020

IVY ACCUMULATIVE FUND

Proxy Voting Record

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

8x8, Inc.

Meeting Date:	08/01/2019	Country:	USA	Primary Security ID:	282914100
Record Date:	06/07/2019	Meeting Type:	Annual	Ticker:	EGHT
		Shares Voted:	1,314,600

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Bryan R. Martin	Mgmt	For	For	For
1.2	Elect Director Vikram Verma	Mgmt	For	For	For
1.3	Elect Director Eric Salzman	Mgmt	For	For	For
1.4	Elect Director Jaswinder Pal Singh	Mgmt	For	For	For
1.5	Elect Director Vladimir Jacimovic	Mgmt	For	For	For
1.6	Elect Director Monique Bonner	Mgmt	For	For	For
1.7	Elect Director Todd Ford	Mgmt	For	For	For
1.8	Elect Director Elizabeth Theophille	Mgmt	For	For	For
2	Ratify Moss Adams LLP as Auditors	Mgmt	For	For	For
3	Amend Omnibus Stock Plan	Mgmt	For	Refer	For
4	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For

Electronic Arts Inc.

Meeting Date:	08/08/2019	Country:	USA	Primary Security ID:	285512109
Record Date:	06/14/2019	Meeting Type:	Annual	Ticker:	EA
		Shares Voted:	249,800

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Leonard S. Coleman	Mgmt	For	For	For
1b	Elect Director Jay C. Hoag	Mgmt	For	For	For
1c	Elect Director Jeffrey T. Huber	Mgmt	For	For	For
1d	Elect Director Lawrence F. Probst, III	Mgmt	For	For	For
1e	Elect Director Talbott Roche	Mgmt	For	For	For
1f	Elect Director Richard A. Simonson	Mgmt	For	For	For
1g	Elect Director Luis A. Ubinas	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Electronic Arts Inc.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1h	Elect Director Heidi J. Ueberroth	Mgmt	For	For	For
1i	Elect Director Andrew Wilson	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify KPMG LLP as Auditors	Mgmt	For	For	For
4	Approve Omnibus Stock Plan	Mgmt	For	For	For
5	Provide Right for Shareholders Holding 25% or More of the Common Stock to Call Special Meetings	Mgmt	For	For	For
6	Provide Right for Shareholders Holding 15% or More of the Common Stock to Call Special Meetings	SH	Against	For	For

Kornit Digital Ltd.

Meeting Date:	08/22/2019	Country:	Israel	Primary Security ID:	M6372Q113
Record Date:	07/19/2019	Meeting Type:	Annual	Ticker:	KRNT
		Shares Voted:	725,415

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Reelect Alon Lumbroso as Director	Mgmt	For	For	For
1.2	Reelect Dov Ofer as Director	Mgmt	For	For	For
2.1	Elect Stephen Nigro as Director	Mgmt	For	For	For
2.2	Elect Ronen Samuel as Director	Mgmt	For	For	For
3	Reappoint Kost Forer Gabbay & Kasierer as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	For	For	For
4.1	Approve amended Employment terms of CEO Re: Discretionary Bonus.	Mgmt	For	For	For
4.2	Approve amended Employment terms of CEO Re: Equity-Based Compensation	Mgmt	For	For	For
5	Approve Grant of Option to Ronen Samuel, CEO	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Kornit Digital Ltd.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
A	Vote FOR if you are NOT a controlling shareholder and do NOT have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. If you vote AGAINST, please provide an explanation to your account manager	Mgmt	None	Refer	For

Take-Two Interactive Software, Inc.

Meeting Date:	09/18/2019	Country:	USA	Primary Security ID:	874054109
Record Date:	07/22/2019	Meeting Type:	Annual	Ticker:	TTWO
		Shares Voted:	319,700

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Strauss Zelnick	Mgmt	For	For	For
1.2	Elect Director Michael Dornemann	Mgmt	For	For	For
1.3	Elect Director J Moses	Mgmt	For	For	For
1.4	Elect Director Michael Sheresky	Mgmt	For	For	For
1.5	Elect Director LaVerne Srinivasan	Mgmt	For	For	For
1.6	Elect Director Susan Tolson	Mgmt	For	For	For
1.7	Elect Director Paul Viera	Mgmt	For	For	For
1.8	Elect Director Roland Hernandez	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify Ernst & Young LLP as Auditors	Mgmt	For	For	For

Mimecast Limited

Meeting Date:	10/03/2019	Country:	Jersey	Primary Security ID:	G14838109
Record Date:	10/01/2019	Meeting Type:	Annual	Ticker:	MIME
		Shares Voted:	276,300

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1	Elect Director Aron Ain	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Mimecast Limited

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
2	Elect Director Stephen M. Ward	Mgmt	For	For	For
3	Ratify Ernst & Young LLP as Auditors	Mgmt	For	For	For
4	Authorize Board to Fix Remuneration of Auditors	Mgmt	For	For	For
5	Accept Financial Statements and Statutory Reports	Mgmt	For	For	For
6	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For

Microsoft Corporation

Meeting Date:	12/04/2019	Country:	USA	Primary Security ID:	594918104
Record Date:	10/08/2019	Meeting Type:	Annual	Ticker:	MSFT
		Shares Voted:	673,900

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director William H. Gates, III	Mgmt	For	For	For
1.2	Elect Director Reid G. Hoffman	Mgmt	For	For	For
1.3	Elect Director Hugh F. Johnston	Mgmt	For	For	For
1.4	Elect Director Teri L. List-Stoll	Mgmt	For	For	For
1.5	Elect Director Satya Nadella	Mgmt	For	For	For
1.6	Elect Director Sandra E. Peterson	Mgmt	For	For	For
1.7	Elect Director Penny S. Pritzker	Mgmt	For	For	For
1.8	Elect Director Charles W. Scharf	Mgmt	For	For	For
1.9	Elect Director Arne M. Sorenson	Mgmt	For	For	For
1.10	Elect Director John W. Stanton	Mgmt	For	For	For
1.11	Elect Director John W. Thompson	Mgmt	For	For	For
1.12	Elect Director Emma N. Walmsley	Mgmt	For	For	For
1.13	Elect Director Padmasree Warrior	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	Refer	For
3	Ratify Deloitte & Touche LLP as Auditors	Mgmt	For	For	For
4	Report on Employee Representation on the Board of Directors	SH	Against	Refer	Against
5	Report on Gender Pay Gap	SH	Against	Against	Against

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Costco Wholesale Corporation

Meeting Date:	01/22/2020	Country:	USA	Primary Security ID:	22160K105
Record Date:	11/18/2019	Meeting Type:	Annual	Ticker:	COST
		Shares Voted:	77,665

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Susan L. Decker	Mgmt	For	For	For
1.2	Elect Director Richard A. Galanti	Mgmt	For	For	For
1.3	Elect Director Sally Jewell	Mgmt	For	For	For
1.4	Elect Director Charles T. Munger	Mgmt	For	For	For
2	Ratify KPMG LLP as Auditors	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
4	Amend Articles of Incorporation to Provide Directors May Be Removed With or Without Cause	Mgmt	For	Refer	For
5	Disclose Board Diversity and Qualifications Matrix	SH	Against	Against	Against

Intuit Inc.

Meeting Date:	01/23/2020	Country:	USA	Primary Security ID:	461202103
Record Date:	11/25/2019	Meeting Type:	Annual	Ticker:	INTU
		Shares Voted:	87,000

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Eve Burton	Mgmt	For	For	For
1b	Elect Director Scott D. Cook	Mgmt	For	For	For
1c	Elect Director Richard L. Dalzell	Mgmt	For	For	For
1d	Elect Director Sasan K. Goodarzi	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Intuit Inc.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1e	Elect Director Deborah Liu	Mgmt	For	For	For
1f	Elect Director Suzanne Nora Johnson	Mgmt	For	For	For
1g	Elect Director Dennis D. Powell	Mgmt	For	For	For
1h	Elect Director Brad D. Smith	Mgmt	For	For	For
1i	Elect Director Thomas Szkutak	Mgmt	For	For	For
1j	Elect Director Raul Vazquez	Mgmt	For	For	For
1k	Elect Director Jeff Weiner	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify Ernst & Young LLP as Auditors	Mgmt	For	For	For
4	Adopt a Mandatory Arbitration Bylaw	SH	Against	Refer	Against

Woodward, Inc.

Meeting Date:	01/29/2020	Country:	USA	Primary Security ID:	980745103
Record Date:	12/02/2019	Meeting Type:	Annual	Ticker:	WWD
		Shares Voted:	187,142

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Paul Donovan	Mgmt	For	For	For
1.2	Elect Director Mary L. Petrovich	Mgmt	For	For	For
1.3	Elect Director James R. Rulseh	Mgmt	For	For	For
2	Ratify Deloitte & Touche LLP as Auditors	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
4	Amend Omnibus Stock Plan	Mgmt	For	Refer	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Gardner Denver Holdings, Inc.

Meeting Date:	02/21/2020	Country:	USA	Primary Security ID:	36555P107
Record Date:	01/02/2020	Meeting Type:	Special	Ticker:	GDI
		Shares Voted:	1,191,400

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1	Issue Shares in Connection with Merger	Mgmt	For	Refer	For
2	Amend Omnibus Stock Plan	Mgmt	For	For	For
3	Adjourn Meeting	Mgmt	For	Refer	For

Kornit Digital Ltd.

Meeting Date:	02/27/2020	Country:	Israel	Primary Security ID:	M6372Q113
Record Date:	01/24/2020	Meeting Type:	Special	Ticker:	KRNT
		Shares Voted:	607,915

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1	Approval Renewal of Liability Insurance Policy to Directors/Officers	Mgmt	For	Refer	For

QUALCOMM Incorporated

Meeting Date:	03/10/2020	Country:	USA	Primary Security ID:	747525103
Record Date:	01/13/2020	Meeting Type:	Annual	Ticker:	QCOM
		Shares Voted:	210,987

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Mark Fields	Mgmt	For	For	For
1b	Elect Director Jeffrey W. Henderson	Mgmt	For	For	For
1c	Elect Director Ann M. Livermore	Mgmt	For	For	For
1d	Elect Director Harish Manwani	Mgmt	For	For	For
1e	Elect Director Mark D. McLaughlin	Mgmt	For	For	For
1f	Elect Director Steve Mollenkopf	Mgmt	For	For	For
1g	Elect Director Clark T. “Sandy” Randt, Jr.	Mgmt	For	For	For
1h	Elect Director Irene B. Rosenfeld	Mgmt	For	For	For
1i	Elect Director Kornelis “Neil” Smit	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

QUALCOMM Incorporated

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1j	Elect Director Anthony J. Vinciquerra	Mgmt	For	For	For
2	Ratify PricewaterhouseCoopers LLP as Auditors	Mgmt	For	For	For
3	Amend Omnibus Stock Plan	Mgmt	For	For	For
4	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	Refer	Against
5	Advisory Vote on Say on Pay Frequency	Mgmt	One Year	One Year	One Year

Analog Devices, Inc.

Meeting Date:	03/11/2020	Country:	USA	Primary Security ID:	032654105
Record Date:	01/06/2020	Meeting Type:	Annual	Ticker:	ADI
		Shares Voted:	233,681

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Ray Stata	Mgmt	For	For	For
1b	Elect Director Vincent Roche	Mgmt	For	For	For
1c	Elect Director James A. Champy	Mgmt	For	For	For
1d	Elect Director Anantha P. Chandrakasan	Mgmt	For	For	For
1e	Elect Director Bruce R. Evans	Mgmt	For	For	For
1f	Elect Director Edward H. Frank	Mgmt	For	For	For
1g	Elect Director Karen M. Golz	Mgmt	For	For	For
1h	Elect Director Mark M. Little	Mgmt	For	For	For
1i	Elect Director Kenton J. Sicchitano	Mgmt	For	For	For
1j	Elect Director Susie Wee	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Approve Omnibus Stock Plan	Mgmt	For	For	For
4	Ratify Ernst & Young LLP as Auditors	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

The Walt Disney Company

Meeting Date:	03/11/2020	Country:	USA	Primary Security ID:	254687106
Record Date:	01/13/2020	Meeting Type:	Annual	Ticker:	DIS
		Shares Voted:	321,555

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Susan E. Arnold	Mgmt	For	For	For
1b	Elect Director Mary T. Barra	Mgmt	For	For	For
1c	Elect Director Safra A. Catz	Mgmt	For	For	For
1d	Elect Director Francis A. deSouza	Mgmt	For	For	For
1e	Elect Director Michael B.G. Froman	Mgmt	For	For	For
1f	Elect Director Robert A. Iger	Mgmt	For	For	For
1g	Elect Director Maria Elena Lagomasino	Mgmt	For	For	For
1h	Elect Director Mark G. Parker	Mgmt	For	For	For
1i	Elect Director Derica W. Rice	Mgmt	For	For	For
2	Ratify PricewaterhouseCoopers LLP as Auditors	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	Refer	For
4	Amend Omnibus Stock Plan	Mgmt	For	For	For
5	Report on Lobbying Payments and Policy	SH	Against	Against	Against

Adobe Inc.

Meeting Date:	04/09/2020	Country:	USA	Primary Security ID:	00724F101
Record Date:	02/12/2020	Meeting Type:	Annual	Ticker:	ADBE
		Shares Voted:	96,007

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Amy L. Banse	Mgmt	For	For	For
1b	Elect Director Frank A. Calderoni	Mgmt	For	For	For
1c	Elect Director James E. Daley	Mgmt	For	For	For
1d	Elect Director Laura B. Desmond	Mgmt	For	For	For
1e	Elect Director Charles M. Geschke	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Adobe Inc.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1f	Elect Director Shantanu Narayen	Mgmt	For	For	For
1g	Elect Director Kathleen Oberg	Mgmt	For	For	For
1h	Elect Director Dheeraj Pandey	Mgmt	For	For	For
1i	Elect Director David A. Ricks	Mgmt	For	For	For
1j	Elect Director Daniel L. Rosensweig	Mgmt	For	For	For
1k	Elect Director John E. Warnock	Mgmt	For	For	For
2	Amend Qualified Employee Stock Purchase Plan	Mgmt	For	For	For
3	Ratify KPMG LLP as Auditors	Mgmt	For	For	For
4	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
5	Report on Gender Pay Gap	SH	Against	Against	Against

Domino’s Pizza, Inc.

Meeting Date:	04/21/2020	Country:	USA	Primary Security ID:	25754A201
Record Date:	03/02/2020	Meeting Type:	Annual	Ticker:	DPZ
		Shares Voted:	78,000

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director David A. Brandon	Mgmt	For	For	For
1.2	Elect Director Richard E. Allison, Jr.	Mgmt	For	For	For
1.3	Elect Director C. Andrew Ballard	Mgmt	For	For	For
1.4	Elect Director Andrew B. Balson	Mgmt	For	For	For
1.5	Elect Director Corie S. Barry	Mgmt	For	For	For
1.6	Elect Director Diana F. Cantor	Mgmt	For	For	For
1.7	Elect Director Richard L. Federico	Mgmt	For	For	For
1.8	Elect Director James A. Goldman	Mgmt	For	For	For
1.9	Elect Director Patricia E. Lopez	Mgmt	For	For	For
2	Ratify PricewaterhouseCoopers LLP as Auditor	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

The Boeing Company

Meeting Date:	04/27/2020	Country:	USA	Primary Security ID:	097023105
Record Date:	02/27/2020	Meeting Type:	Annual	Ticker:	BA
		Shares Voted:	119,396

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Robert A. Bradway	Mgmt	For	For	For
1b	Elect Director David L. Calhoun	Mgmt	For	For	For
1c	Elect Director Arthur D. Collins, Jr.	Mgmt	For	Refer	Against
1d	Elect Director Edmund P. Giambastiani, Jr.	Mgmt	For	Refer	Against
1e	Elect Director Lynn J. Good	Mgmt	For	For	For
1f	Elect Director Nikki R. Haley - Withdrawn Resolution	Mgmt
1g	Elect Director Akhil Johri	Mgmt	For	For	For
1h	Elect Director Lawrence W. Kellner	Mgmt	For	Refer	For
1i	Elect Director Caroline B. Kennedy	Mgmt	For	For	For
1j	Elect Director Steven M. Mollenkopf	Mgmt	For	For	For
1k	Elect Director John M. Richardson	Mgmt	For	For	For
1l	Elect Director Susan C. Schwab	Mgmt	For	Refer	Against
1m	Elect Director Ronald A. Williams	Mgmt	For	Refer	Against
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify Deloitte & Touche LLP as Auditors	Mgmt	For	For	For
4	Require Director Nominee Qualifications	SH	Against	Refer	Against
5	Report on Lobbying Payments and Policy	SH	Against	Against	Against
6	Require Independent Board Chairman	SH	Against	Refer	For
7	Provide Right to Act by Written Consent	SH	Against	For	For
8	Adopt Share Retention Policy For Senior Executives	SH	Against	Against	Against
9	Increase Disclosure of Compensation Adjustments	SH	Against	Refer	Against

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Tactile Systems Technology, Inc.

Meeting Date:	05/04/2020	Country:	USA	Primary Security ID:	87357P100
Record Date:	03/10/2020	Meeting Type:	Annual	Ticker:	TCMD
		Shares Voted:	350,000

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director William W. Burke	Mgmt	For	For	For
1.2	Elect Director Raymond O. Huggenberger	Mgmt	For	For	For
1.3	Elect Director Gerald R. Mattys	Mgmt	For	For	For
1.4	Elect Director Richard J. Nigon	Mgmt	For	For	For
1.5	Elect Director Cheryl Pegus	Mgmt	For	For	For
1.6	Elect Director Kevin H. Roche	Mgmt	For	For	For
1.7	Elect Director Peter H. Soderberg	Mgmt	For	For	For
2	Ratify Grant Thornton LLP as Auditors	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For

Danaher Corporation

Meeting Date:	05/05/2020	Country:	USA	Primary Security ID:	235851102
Record Date:	03/09/2020	Meeting Type:	Annual	Ticker:	DHR
		Shares Voted:	185,605

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Linda Hefner Filler	Mgmt	For	For	For
1.2	Elect Director Thomas P. Joyce, Jr.	Mgmt	For	For	For
1.3	Elect Director Teri List-Stoll	Mgmt	For	Refer	For
1.4	Elect Director Walter G. Lohr, Jr.	Mgmt	For	Refer	For
1.5	Elect Director Jessica L. Mega	Mgmt	For	For	For
1.6	Elect Director Pardis C. Sabeti	Mgmt	For	For	For
1.7	Elect Director Mitchell P. Rales	Mgmt	For	For	For
1.8	Elect Director Steven M. Rales	Mgmt	For	For	For
1.9	Elect Director John T. Schwieters	Mgmt	For	Refer	For
1.10	Elect Director Alan G. Spoon	Mgmt	For	For	For
1.11	Elect Director Raymond C. Stevens	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Danaher Corporation

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.12	Elect Director Elias A. Zerhouni	Mgmt	For	For	For
2	Ratify Ernst & Young LLP as Auditors	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
4	Reduce Ownership Threshold for Shareholders to Call Special Meeting	SH	Against	For	For

Alcon Inc.

Meeting Date:	05/06/2020	Country:	Switzerland	Primary Security ID:	H01301128
Record Date:		Meeting Type:	Annual	Ticker:	ALC
		Shares Voted:	480,265

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	For	For	For
2	Approve Discharge of Board and Senior Management	Mgmt	For	For	For
3	Approve Allocation of Income and Omission of Dividends	Mgmt	For	For	For
4.1	Approve Remuneration Report (Non-Binding)	Mgmt	For	Refer	For
4.2	Approve Remuneration of Directors in the Amount of CHF 3.3 Million	Mgmt	For	Refer	For
4.3	Approve Remuneration of Executive Committee in the Amount of CHF 35.3 Million	Mgmt	For	Refer	For
5.1	Reelect Michael Ball as Director	Mgmt	For	For	For
5.2	Reelect Lynn Bleil as Director	Mgmt	For	For	For
5.3	Reelect Arthur Cummings as Director	Mgmt	For	For	For
5.4	Reelect David Endicott as Director	Mgmt	For	For	For
5.5	Reelect Thomas Glanzmann as Director	Mgmt	For	For	For
5.6	Reelect Keith Grossmann as Director	Mgmt	For	For	For
5.7	Reelect Scott Maw as Director	Mgmt	For	For	For
5.8	Reelect Karen May as Director	Mgmt	For	For	For
5.9	Reelect Ines Poeschel as Director	Mgmt	For	For	For
5.10	Reelect Dieter Spaelti as Director	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Alcon Inc.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
6.1	Reappoint Thomas Glanzmann as Member of the Compensation Committee	Mgmt	For	For	For
6.2	Reappoint Keith Grossmann as Member of the Compensation Committee	Mgmt	For	For	For
6.3	Reappoint Karen May as Member of the Compensation Committee	Mgmt	For	For	For
6.4	Reappoint Ines Poeschel as Member of the Compensation Committee	Mgmt	For	For	For
7	Designate Hartmann Dreyer Attorneys-at-Law as Independent Proxy	Mgmt	For	For	For
8	Ratify PricewaterhouseCoopers SA as Auditors	Mgmt	For	For	For
9	Transact Other Business (Voting)	Mgmt	For	Against	Against

S&P Global Inc.

Meeting Date:	05/13/2020	Country:	USA	Primary Security ID:	78409V104
Record Date:	03/23/2020	Meeting Type:	Annual	Ticker:	SPGI
		Shares Voted:	120,264

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Marco Alvera	Mgmt	For	For	For
1.2	Elect Director William J. Amelio	Mgmt	For	For	For
1.3	Elect Director William D. Green	Mgmt	For	For	For
1.4	Elect Director Charles E. Haldeman, Jr.	Mgmt	For	For	For
1.5	Elect Director Stephanie C. Hill	Mgmt	For	For	For
1.6	Elect Director Rebecca J. Jacoby	Mgmt	For	For	For
1.7	Elect Director Monique F. Leroux	Mgmt	For	For	For
1.8	Elect Director Maria R. Morris	Mgmt	For	For	For
1.9	Elect Director Douglas L. Peterson	Mgmt	For	For	For
1.10	Elect Director Edward B. Rust, Jr.	Mgmt	For	For	For
1.11	Elect Director Kurt L. Schmoke	Mgmt	For	For	For
1.12	Elect Director Richard E. Thornburgh	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

S&P Global Inc.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
3	Provide Directors May Be Removed With or Without Cause	Mgmt	For	Refer	For
4	Ratify Ernst & Young LLP as Auditors	Mgmt	For	For	For

Fiserv, Inc.

Meeting Date:	05/14/2020	Country:	USA	Primary Security ID:	337738108
Record Date:	03/18/2020	Meeting Type:	Annual	Ticker:	FISV
		Shares Voted:	572,183

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Frank J. Bisignano	Mgmt	For	For	For
1.2	Elect Director Alison Davis	Mgmt	For	For	For
1.3	Elect Director Henrique de Castro	Mgmt	For	For	For
1.4	Elect Director Harry F. DiSimone	Mgmt	For	For	For
1.5	Elect Director Dennis F. Lynch	Mgmt	For	For	For
1.6	Elect Director Heidi G. Miller	Mgmt	For	For	For
1.7	Elect Director Scott C. Nuttall	Mgmt	For	For	For
1.8	Elect Director Denis J. O’Leary	Mgmt	For	For	For
1.9	Elect Director Doyle R. Simons	Mgmt	For	For	For
1.10	Elect Director Jeffery W. Yabuki	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	Refer	For
3	Ratify Deloitte & Touche LLP as Auditors	Mgmt	For	For	For
4	Report on Political Contributions	SH	Against	For	Against

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Five9, Inc.

Meeting Date:	05/18/2020	Country:	USA	Primary Security ID:	338307101
Record Date:	03/20/2020	Meeting Type:	Annual	Ticker:	FIVN
		Shares Voted:	543,542

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Kimberly Alexy	Mgmt	For	Refer	For
1.2	Elect Director Michael Burkland	Mgmt	For	Refer	For
1.3	Elect Director Robert Zollars	Mgmt	For	Refer	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify KPMG LLP as Auditors	Mgmt	For	For	For

Tradeweb Markets Inc.

Meeting Date:	05/19/2020	Country:	USA	Primary Security ID:	892672106
Record Date:	03/23/2020	Meeting Type:	Annual	Ticker:	TW
		Shares Voted:	625,000

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director John G. Finley	Mgmt	For	Refer	Withhold
1.2	Elect Director Scott Ganeles	Mgmt	For	Refer	Withhold
1.3	Elect Director Debra Walton	Mgmt	For	Refer	Withhold
2	Ratify Deloitte & Touche LLP as Auditors	Mgmt	For	For	For

DexCom, Inc.

Meeting Date:	05/21/2020	Country:	USA	Primary Security ID:	252131107
Record Date:	03/31/2020	Meeting Type:	Annual	Ticker:	DXCM
		Shares Voted:	138,200

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Richard A. Collins	Mgmt	For	For	For
1b	Elect Director Mark G. Foletta	Mgmt	For	For	For
1c	Elect Director Eric J. Topol	Mgmt	For	For	For
2	Ratify Ernst & Young LLP as Auditors	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Elanco Animal Health Incorporated

Meeting Date:	05/21/2020	Country:	USA	Primary Security ID:	28414H103
Record Date:	03/16/2020	Meeting Type:	Annual	Ticker:	ELAN
		Shares Voted:	949,902

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Michael J. Harrington	Mgmt	For	Refer	Against
1b	Elect Director Deborah T. Kochevar	Mgmt	For	Refer	Against
1c	Elect Director Kirk P. McDonald	Mgmt	For	Refer	Against
2	Ratify Ernst & Young LLP as Auditors	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For

PayPal Holdings, Inc.

Meeting Date:	05/21/2020	Country:	USA	Primary Security ID:	70450Y103
Record Date:	03/27/2020	Meeting Type:	Annual	Ticker:	PYPL
		Shares Voted:	257,315

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Rodney C. Adkins	Mgmt	For	For	For
1b	Elect Director Jonathan Christodoro	Mgmt	For	For	For
1c	Elect Director John J. Donahoe	Mgmt	For	For	For
1d	Elect Director David W. Dorman	Mgmt	For	For	For
1e	Elect Director Belinda J. Johnson	Mgmt	For	For	For
1f	Elect Director Gail J. McGovern	Mgmt	For	For	For
1g	Elect Director Deborah M. Messemer	Mgmt	For	For	For
1h	Elect Director David M. Moffett	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

PayPal Holdings, Inc.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1i	Elect Director Ann M. Sarnoff	Mgmt	For	For	For
1j	Elect Director Daniel H. Schulman	Mgmt	For	For	For
1k	Elect Director Frank D. Yeary	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify PricewaterhouseCoopers LLP as Auditors	Mgmt	For	For	For
4	Provide Right to Act by Written Consent	SH	Against	For	For
5	Adopt Human and Indigenous People’s Rights Policy	SH	Against	Against	Against

Amazon.com, Inc.

Meeting Date:	05/27/2020	Country:	USA	Primary Security ID:	023135106
Record Date:	04/02/2020	Meeting Type:	Annual	Ticker:	AMZN
		Shares Voted:	45,575

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Jeffrey P. Bezos	Mgmt	For	For	For
1b	Elect Director Rosalind G. Brewer	Mgmt	For	For	For
1c	Elect Director Jamie S. Gorelick	Mgmt	For	For	For
1d	Elect Director Daniel P. Huttenlocher	Mgmt	For	For	For
1e	Elect Director Judith A. McGrath	Mgmt	For	For	For
1f	Elect Director Indra K. Nooyi	Mgmt	For	For	For
1g	Elect Director Jonathan J. Rubinstein	Mgmt	For	For	For
1h	Elect Director Thomas O. Ryder	Mgmt	For	For	For
1i	Elect Director Patricia Q. Stonesifer	Mgmt	For	For	For
1j	Elect Director Wendell P. Weeks	Mgmt	For	For	For
2	Ratify Ernst & Young LLP as Auditor	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
4	Reduce Ownership Threshold for Shareholders to Call Special Meeting	Mgmt	For	For	For
5	Report on Management of Food Waste	SH	Against	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Amazon.com, Inc.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
6	Report on Customers’ Use of its Surveillance and Computer Vision Products or Cloud-Based Services	SH	Against	For	For
7	Report on Potential Human Rights Impacts of Customers’ Use of Rekognition	SH	Against	For	For
8	Report on Products Promoting Hate Speech and Sales of Offensive Products	SH	Against	For	For
9	Require Independent Board Chairman	SH	Against	Refer	Against
10	Report on Global Median Gender/Racial Pay Gap	SH	Against	Against	Against
11	Report on Reducing Environmental and Health Harms to Communities of Color	SH	Against	Against	Against
12	Report on Viewpoint Discrimination	SH	Against	Against	Against
13	Report on Promotion Velocity	SH	Against	Against	Against
14	Reduce Ownership Threshold for Shareholders to Call Special Meeting	SH	Against	For	For
15	Human Rights Risk Assessment	SH	Against	For	For
16	Report on Lobbying Payments and Policy	SH	Against	For	For

Facebook, Inc.

Meeting Date:	05/27/2020	Country:	USA	Primary Security ID:	30303M102
Record Date:	04/03/2020	Meeting Type:	Annual	Ticker:	FB
		Shares Voted:	248,453

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Peggy Alford	Mgmt	For	For	For
1.2	Elect Director Marc L. Andreessen	Mgmt	For	Refer	Withhold
1.3	Elect Director Andrew W. Houston	Mgmt	For	For	For
1.4	Elect Director Nancy Killefer	Mgmt	For	For	For
1.5	Elect Director Robert M. Kimmitt	Mgmt	For	For	For
1.6	Elect Director Sheryl K. Sandberg	Mgmt	For	For	For
1.7	Elect Director Peter A. Thiel	Mgmt	For	Refer	Withhold
1.8	Elect Director Tracey T. Travis	Mgmt	For	For	For
1.9	Elect Director Mark Zuckerberg	Mgmt	For	Refer	Withhold

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Facebook, Inc.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
2	Ratify Ernst & Young LLP as Auditors	Mgmt	For	For	For
3	Approve Non-Employee Director Compensation Policy	Mgmt	For	Refer	For
4	Approve Recapitalization Plan for all Stock to Have One-vote per Share	SH	Against	For	For
5	Require Independent Board Chair	SH	Against	Refer	For
6	Require a Majority Vote for the Election of Directors	SH	Against	For	For
7	Report on Political Advertising	SH	Against	For	For
8	Require Independent Director Nominee with Human and/or Civil Rights Experience	SH	Against	Against	Against
9	Report on Civil and Human Rights Risk Assessment	SH	Against	Against	Against
10	Report on Online Child Sexual Exploitation	SH	Against	For	For
11	Report on Median Gender/Racial Pay Gap	SH	Against	Against	Against

Tandem Diabetes Care, Inc.

Meeting Date:	05/27/2020	Country:	USA	Primary Security ID:	875372203
Record Date:	03/31/2020	Meeting Type:	Annual	Ticker:	TNDM
		Shares Voted:	233,000

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Kim D. Blickenstaff	Mgmt	For	Refer	Withhold
1.2	Elect Director Christopher J. Twomey	Mgmt	For	Refer	Withhold
2	Ratify Ernst & Young LLP as Auditor	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	Refer	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Insulet Corporation

Meeting Date:	05/29/2020	Country:	USA	Primary Security ID:	��	45784P101
Record Date:	04/01/2020	Meeting Type:	Annual	Ticker:		PODD
		Shares Voted:	153,744

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Sally W. Crawford	Mgmt	For	For	For
1.2	Elect Director Michael R. Minogue	Mgmt	For	For	For
1.3	Elect Director Corinne H. Nevinny	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify Grant Thornton LLP as Auditors	Mgmt	For	For	For

Live Nation Entertainment, Inc.

Meeting Date:	06/03/2020	Country:	USA	Primary Security ID:	538034109
Record Date:	04/07/2020	Meeting Type:	Annual	Ticker:	LYV
		Shares Voted:	494,356

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Maverick Carter	Mgmt	For	Refer	Against
1.2	Elect Director Ariel Emanuel	Mgmt	For	Refer	Against
1.3	Elect Director Ping Fu	Mgmt	For	Refer	Against
1.4	Elect Director Jeffrey T. Hinson	Mgmt	For	Refer	Against
1.5	Elect Director Chad Hollingsworth	Mgmt	For	For	For
1.6	Elect Director James Iovine	Mgmt	For	Refer	Against
1.7	Elect Director James S. Kahan	Mgmt	For	Refer	Against
1.8	Elect Director Gregory B. Maffei	Mgmt	For	Against	Against
1.9	Elect Director Randall T. Mays	Mgmt	For	Refer	Against
1.10	Elect Director Michael Rapino	Mgmt	For	Refer	Against
1.11	Elect Director Mark S. Shapiro	Mgmt	For	Refer	Against
1.12	Elect Director Dana Walden	Mgmt	For	Refer	Against
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify Ernst & Young LLP as Auditors	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Twilio Inc.

Meeting Date:	06/03/2020	Country:	USA	Primary Security ID:	90138F102
Record Date:	04/06/2020	Meeting Type:	Annual	Ticker:	TWLO
		Shares Voted:	186,621

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Richard Dalzell	Mgmt	For	Refer	Withhold
1.2	Elect Director Jeffrey Immelt	Mgmt	For	Refer	Withhold
1.3	Elect Director Erika Rottenberg	Mgmt	For	Refer	Withhold
2	Ratify KPMG LLP as Auditors	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	Refer	For

nLIGHT, Inc.

Meeting Date:	06/04/2020	Country:	USA	Primary Security ID:	65487K100
Record Date:	04/06/2020	Meeting Type:	Annual	Ticker:	LASR
		Shares Voted:	599,944

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Bandel Carano	Mgmt	For	Withhold	Withhold
1.2	Elect Director Raymond Link	Mgmt	For	Withhold	Withhold
1.3	Elect Director Geoffrey Moore	Mgmt	For	Withhold	Withhold
2	Ratify KPMG LLP as Auditors	Mgmt	For	For	For

Trane Technologies Plc

Meeting Date:	06/04/2020	Country:	Ireland	Primary Security ID:	G8994E103
Record Date:	04/08/2020	Meeting Type:	Annual	Ticker:	TT
		Shares Voted:	210,000

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Kirk E. Arnold	Mgmt	For	For	For
1b	Elect Director Ann C. Berzin	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Trane Technologies Plc

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1c	Elect Director John Bruton	Mgmt	For	For	For
1d	Elect Director Jared L. Cohon	Mgmt	For	For	For
1e	Elect Director Gary D. Forsee	Mgmt	For	For	For
1f	Elect Director Linda P. Hudson	Mgmt	For	For	For
1g	Elect Director Michael W. Lamach	Mgmt	For	For	For
1h	Elect Director Myles P. Lee	Mgmt	For	For	For
1i	Elect Director Karen B. Peetz	Mgmt	For	For	For
1j	Elect Director John P. Surma	Mgmt	For	For	For
1k	Elect Director Richard J. Swift	Mgmt	For	For	For
1l	Elect Director Tony L. White	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	For	For	For
4	Authorize Issue of Equity	Mgmt	For	For	For
5	Renew Directors’ Authority to Issue Shares for Cash	Mgmt	For	For	For
6	Authorize Reissuance of Repurchased Shares	Mgmt	For	Refer	For

Gartner, Inc.

Meeting Date:	06/08/2020	Country:	USA	Primary Security ID:	366651107
Record Date:	04/14/2020	Meeting Type:	Annual	Ticker:	IT
		Shares Voted:	204,607

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Peter E. Bisson	Mgmt	For	For	For
1b	Elect Director Richard J. Bressler	Mgmt	For	For	For
1c	Elect Director Raul E. Cesan	Mgmt	For	For	For
1d	Elect Director Karen E. Dykstra	Mgmt	For	For	For
1e	Elect Director Anne Sutherland Fuchs	Mgmt	For	For	For
1f	Elect Director William O. Grabe	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Gartner, Inc.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1g	Elect Director Eugene A. Hall	Mgmt	For	For	For
1h	Elect Director Stephen G. Pagliuca	Mgmt	For	For	For
1i	Elect Director Eileen M. Serra	Mgmt	For	For	For
1j	Elect Director James C. Smith	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify KPMG LLP as Auditors	Mgmt	For	For	For

NVIDIA Corporation

Meeting Date:	06/09/2020	Country:	USA	Primary Security ID:	67066G104
Record Date:	04/13/2020	Meeting Type:	Annual	Ticker:	NVDA
		Shares Voted:	75,994

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Robert K. Burgess	Mgmt	For	For	For
1b	Elect Director Tench Coxe	Mgmt	For	For	For
1c	Elect Director Persis S. Drell	Mgmt	For	For	For
1d	Elect Director Jen-Hsun Huang	Mgmt	For	For	For
1e	Elect Director Dawn Hudson	Mgmt	For	For	For
1f	Elect Director Harvey C. Jones	Mgmt	For	For	For
1g	Elect Director Michael G. McCaffery	Mgmt	For	For	For
1h	Elect Director Stephen C. Neal	Mgmt	For	For	For
1i	Elect Director Mark L. Perry	Mgmt	For	For	For
1j	Elect Director A. Brooke Seawell	Mgmt	For	For	For
1k	Elect Director Mark A. Stevens	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify PricewaterhouseCoopers LLP as Auditors	Mgmt	For	For	For
4	Amend Omnibus Stock Plan	Mgmt	For	For	For
5	Amend Qualified Employee Stock Purchase Plan	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Q2 Holdings, Inc.

Meeting Date:	06/09/2020	Country:	USA	Primary Security ID:	74736L109
Record Date:	04/22/2020	Meeting Type:	Annual	Ticker:	QTWO
		Shares Voted:	297,400

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director R. Lynn Atchison	Mgmt	For	For	For
1.2	Elect Director Charles T. Doyle	Mgmt	For	For	For
1.3	Elect Director Carl James Schaper	Mgmt	For	For	For
2	Ratify Ernst & Young LLP as Auditor	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For

Taiwan Semiconductor Manufacturing Co., Ltd.

Meeting Date:	06/09/2020	Country:	Taiwan	Primary Security ID:	Y84629107
Record Date:	04/09/2020	Meeting Type:	Annual	Ticker:	2330
		Shares Voted:	524,062

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt
1	Approve Business Operations Report and Financial Statements	Mgmt	For	For	For
2	Amend Procedures for Lending Funds to Other Parties	Mgmt	For	Refer	For
	ELECT INDEPENDENT DIRECTOR VIA CUMULATIVE VOTING	Mgmt
3.1	Elect Yancey Hai, with SHAREHOLDER NO.D100708xxx as Independent Director	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

The TJX Companies, Inc.

Meeting Date:	06/09/2020	Country:	USA	Primary Security ID:	872540109
Record Date:	04/13/2020	Meeting Type:	Annual	Ticker:	TJX
		Shares Voted:	598,193

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Zein Abdalla	Mgmt	For	For	For
1b	Elect Director Alan M. Bennett	Mgmt	For	For	For
1c	Elect Director Rosemary T. Berkery	Mgmt	For	For	For
1d	Elect Director David T. Ching	Mgmt	For	For	For
1e	Elect Director Ernie Herrman	Mgmt	For	For	For
1f	Elect Director Michael F. Hines	Mgmt	For	For	For
1g	Elect Director Amy B. Lane	Mgmt	For	For	For
1h	Elect Director Carol Meyrowitz	Mgmt	For	For	For
1i	Elect Director Jackwyn L. Nemerov	Mgmt	For	For	For
1j	Elect Director John F. O’Brien	Mgmt	For	For	For
1k	Elect Director Willow B. Shire	Mgmt	For	For	For
2	Ratify PricewaterhouseCoopers as Auditors	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
4	Report on Reduction of Chemical Footprint	SH	Against	For	For
5	Report on Animal Welfare	SH	Against	Against	Against
6	Report on Pay Disparity	SH	Against	Against	Against
7	Stock Retention/Holding Period	SH	Against	Against	Against

Workday, Inc.

Meeting Date:	06/09/2020	Country:	USA	Primary Security ID:	98138H101
Record Date:	04/13/2020	Meeting Type:	Annual	Ticker:	WDAY
		Shares Voted:	203,602

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Michael C. Bush	Mgmt	For	For	For
1.2	Elect Director Christa Davies	Mgmt	For	For	For
1.3	Elect Director Michael A. Stankey	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Workday, Inc.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.4	Elect Director George J. Still, Jr.	Mgmt	For	For	For
2	Ratify Ernst & Young LLP as Auditors	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For

Tabula Rasa HealthCare, Inc.

Meeting Date:	06/12/2020	Country:	USA	Primary Security ID:	873379101
Record Date:	04/21/2020	Meeting Type:	Annual	Ticker:	TRHC
		Shares Voted:	4,224

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Jan Berger	Mgmt	For	Refer	Withhold
1.2	Elect Director Kathrine O’Brien	Mgmt	For	Refer	Withhold
1.3	Elect Director Michael Purcell	Mgmt	For	Refer	Withhold
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify KPMG LLP as Auditors	Mgmt	For	For	For

Ingersoll Rand, Inc.

Meeting Date:	06/16/2020	Country:	USA	Primary Security ID:	45687V106
Record Date:	04/22/2020	Meeting Type:	Annual	Ticker:	IR
		Shares Voted:	1,433,632

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Kirk E. Arnold	Mgmt	For	For	For
1b	Elect Director William P. Donnelly	Mgmt	For	For	For
1c	Elect Director Marc E. Jones	Mgmt	For	For	For
2	Ratify Deloitte & Touche LLP as Auditors	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Mastercard Incorporated

Meeting Date:	06/16/2020	Country:	USA	Primary Security ID:	57636Q104
Record Date:	04/20/2020	Meeting Type:	Annual	Ticker:	MA
		Shares Voted:	240,231

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1a	Elect Director Richard Haythornthwaite	Mgmt	For	For	For
1b	Elect Director Ajay Banga	Mgmt	For	For	For
1c	Elect Director Richard K. Davis	Mgmt	For	For	For
1d	Elect Director Steven J. Freiberg	Mgmt	For	For	For
1e	Elect Director Julius Genachowski	Mgmt	For	For	For
1f	Elect Director Choon Phong Goh	Mgmt	For	For	For
1g	Elect Director Merit E. Janow	Mgmt	For	For	For
1h	Elect Director Oki Matsumoto	Mgmt	For	For	For
1i	Elect Director Youngme Moon	Mgmt	For	For	For
1j	Elect Director Rima Qureshi	Mgmt	For	For	For
1k	Elect Director Jose Octavio Reyes Lagunes	Mgmt	For	For	For
1l	Elect Director Gabrielle Sulzberger	Mgmt	For	For	For
1m	Elect Director Jackson Tai	Mgmt	For	For	For
1n	Elect Director Lance Uggla	Mgmt	For	For	For
2	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
3	Ratify PricewaterhouseCoopers LLP as Auditors	Mgmt	For	For	For

Smartsheet Inc.

Meeting Date:	06/17/2020	Country:	USA	Primary Security ID:	83200N103
Record Date:	04/20/2020	Meeting Type:	Annual	Ticker:	SMAR
		Shares Voted:	189,099

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.1	Elect Director Geoffrey T. Barker	Mgmt	For	Refer	Withhold
1.2	Elect Director Michael Gregoire	Mgmt	For	For	For

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

Smartsheet Inc.

Proposal Number	Proposal Text	Proponent	Mgmt Rec	Voting Policy Rec	Vote Instruction
1.3	Elect Director Matthew McIlwain	Mgmt	For	Refer	Withhold
1.4	Elect Director James N. White	Mgmt	For	Refer	Withhold
2	Ratify Deloitte & Touche LLP as Auditors	Mgmt	For	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
4	Advisory Vote on Say on Pay Frequency	Mgmt	One Year	One Year	One Year

IVY WILSHIRE GLOBAL ALLOCATION FUND

Proxy Voting Record

There was no proxy voting for Ivy Wilshire Global Allocation Fund, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company Act of 1940, as amended, and Rule 30b1-4 thereunder.

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.

IVY FUNDS
(Registrant)
By:	/s/ Philip A. Shipp
	Philip A. Shipp, Assistant Secretary
Date: August 31, 2020
By:	/s/ Philip J. Sanders
	Philip J. Sanders, President and Principal Executive Officer
Date: August 31, 2020