UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-07577
WM Strategic Asset Management Portfolios, LLC
(Exact name of registrant as specified in charter)
1201 Third Avenue, 22nd Floor, Seattle, WA 98101
(Address of principal executive offices) (Zip code)
William G. Papesh
1201 Third Avenue, 22nd Floor, Seattle, WA 98101
(Name and address of agent for service)
Registrant's telephone number, including area code: (206) 461-3800
Date of fiscal year end: October 31
Date of reporting period: July 1, 2006 - January 12, 2007
Vote Summary Report
Jul 01, 2006 - Jun 30, 2007
Fund: WM Balanced Portfolio
Investment Advisor: Washington Mutual Advisors ("WMA")
All proxy issues were voted on at a special meeting held on December 15, 2006.
Mgmt. Shares Voted
---------------------------------------
Company/Ballot Issues Cusip Rec. Shares Proponent FOR AGAINST ABSTAIN
----------------------------------------------------------------------------------------------------------------------------
WM EQUITY INCOME FUND 928965763 FOR 25,492,364.000 MGMT 23,696,936.803 725,002.832 1,070,424.364
Proposal 1 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
Equity Income Fund into the PIF Equity
Income Fund I.
WM EQUITY INCOME FUND 928965763 FOR 25,492,364.000 MGMT 23,719,370.084 688,548.752 1,084,445.165
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM GROWTH & INCOME FUND 928965805 FOR 20,644,989.000 MGMT 18,558,399.962 1,467,652.268 618,936.770
Proposal 2 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
Growth & Income Fund into the PIF
Disciplined LargeCap
Blend Fund.
WM GROWTH & INCOME FUND 928965805 FOR 20,644,989.000 MGMT 18,653,986.261 1,247,370.235 743,632.504
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM GROWTH FUND 928966803 FOR 42,316,070.000 MGMT 38,507,623.700 1,901,261.025 1,907,185.275
Proposal 14 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
Growth Fund into the PIF LargeCap
Growth
Fund.
WM GROWTH FUND 928966803 FOR 42,316,070.000 MGMT 38,633,302.428 1,774,735.976 1,908,031.596
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM GROWTH FUND 928966803 FOR 42,316,070.000 MGMT 38,240,186.138 1,924,958.024 2,150,925.838
Proposal 24 Approval of Proposed
Sub-Advisory Agreements with:
(b) Janus Capital Management
LLC
WM GROWTH FUND 928966803 FOR 42,316,070.000 MGMT 38,118,739.017 1,998,164.825 2,199,166.158
Proposal 24 Approval of Proposed
Sub-Advisory Agreements with:
(c) ClearBridge Advisors, LLC
WM GROWTH FUND 928966803 FOR 42,316,070.000 MGMT 38,760,673.799 1,535,227.020 2,020,169.182
Proposal 24 Approval of Proposed
Sub-Advisory Agreements with:
(d) OppenheimerFunds, Inc.
WM HIGH YIELD FUND 928965581 FOR 24,337,643.000 MGMT 22,989,337.578 478,721.438 869,583.984
Proposal 3 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
High Yield Fund into the PIF High
Yield Fund II.
WM HIGH YIELD FUND 928965581 FOR 24,337,643.000 MGMT 22,981,306.156 522,285.819 833,807.649
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM INCOME FUND 928965409 FOR 52,838,397.000 MGMT 48,946,320.677 1,763,217.308 2,128,859.015
Proposal 4 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
Income Fund into the PIF Income Fund.
WM INCOME FUND 928965409 FOR 52,838,397.000 MGMT 49,097,966.876 1,613,684.644 2,126,745.479
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM INTERNATIONAL GROWTH FUND 928966852 FOR 29,082,586.000 MGMT 26,395,064.228 2,028,510.374 659,011.399
Proposal 15 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
International Growth Fund into the PIF
Diversified
International Fund.
WM INTERNATIONAL GROWTH FUND 928966852 FOR 29,082,586.000 MGMT 26,365,109.164 2,006,407.608 711,069.228
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM INTERNATIONAL GROWTH FUND 928966852 FOR 29,082,586.000 MGMT 26,721,370.843 1,522,473.377 838,741.780
Proposal 24 Approval of Proposed
Sub-Advisory Agreements with:
(e) Capital Guardian Trust
Company
WM MID CAP STOCK FUND 928965573 FOR 11,320,158.000 MGMT 10,485,183.146 449,183.869 385,790.985
Proposal 5 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
Mid Cap Stock Fund into the PIF
MidCap Stock
Fund.
WM MID CAP STOCK FUND 928965573 FOR 11,320,158.000 MGMT 10,506,578.245 426,317.150 387,375.807
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM REIT FUND 928965417 FOR 6,963,922.000 MGMT 6,585,154.282 218,179.676 160,657.681
Proposal 7 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
REIT Fund into the PIF Real Estate
Securities Fund.
WM REIT FUND 928965417 FOR 6,963,922.000 MGMT 6,637,244.419 170,825.007 155,922.214
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM SHORT TERM INCOME FUND 928966407 FOR 18,932,127.000 MGMT 17,662,727.885 823,926.167 445,472.948
Proposal 16 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
Short Term Income Fund into the PIF
Short-
Term Income Fund.
WM SHORT TERM INCOME FUND 928966407 FOR 18,932,127.000 MGMT 17,707,786.347 750,090.872 474,439.103
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM SMALL CAP GROWTH FUND 928966621 FOR 5,751,117.000 MGMT 5,282,113.409 281,804.733 187,198.858
Proposal 17 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
Small Cap Growth Fund into the PIF
SmallCap
Growth Fund.
WM SMALL CAP GROWTH FUND 928966621 FOR 5,751,117.000 MGMT 5,292,465.419 265,068.983 193,582.598
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM SMALL CAP GROWTH FUND 928966621 FOR 5,751,117.000 MGMT 5,209,131.734 318,036.770 224,006.007
Proposal 24 Approval of Proposed
Sub-Advisory Agreements with:
(f) Delaware Management
Company
WM SMALL CAP GROWTH FUND 928966621 FOR 5,751,117.000 MGMT 5,203,955.729 310,847.874 236,313.398
Proposal 24 Approval of Proposed
Sub-Advisory Agreements with:
(g) Oberweis Asset
Management, Inc.
WM SMALL CAP VALUE FUND 928965367 FOR 7,491,696.000 MGMT 6,744,249.490 429,049.430 318,397.080
Proposal 8 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
Small Cap Value Fund into the PIF
SmallCap
Value Fund.
WM SMALL CAP VALUE FUND 928965367 FOR 7,491,696.000 MGMT 6,841,491.704 472,726.018 177,478.278
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM U.S. GOVERNMENT SECURITIES FUND 928965722 FOR 75,752,751.000 MGMT 67,732,049.724 4,180,036.800 3,840,664.476
Proposal 10 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
U.S. Government Securities Fund into
the PIF
Mortgage Securities
Fund.
WM U.S. GOVERNMENT SECURITIES FUND 928965722 FOR 75,752,751.000 MGMT 68,461,548.716 3,270,246.261 4,020,956.023
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM WEST COAST EQUITY FUND 928965813 FOR 6,475,471.000 MGMT 5,893,067.138 309,138.986 273,264.876
Proposal 11 Approval of Agreement
and Plan of Reorganization providing
for the
combination of the WM
West Coast Equity Fund into the PIF
West
Coast Equity Fund.
WM WEST COAST EQUITY FUND 928965813 FOR 6,475,471.000 MGMT 5,919,940.343 275,207.518 280,323.140
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
Vote Summary Report
Jul 01, 2006 - Jun 30, 2007
Fund: WM Conservative Balanced Portfolio
Investment Advisor: Washington Mutual Advisors ("WMA")
All proxy issues were voted on at a special meeting held on December 15, 2006.
Mgmt. Shares Voted
---------------------------------------
Company/Ballot Issues Cusip Rec. Shares Proponent FOR AGAINST ABSTAIN
--------------------------------------------------------------------------------------------------------------------------------
WM EQUITY INCOME FUND 928965763 FOR 2,658,204.000 MGMT 2,470,986.692 75,599.322 111,617.986
Proposal 1 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Equity Income
Fund into the PIF Equity
Income Fund I.
WM EQUITY INCOME FUND 928965763 FOR 2,658,204.000 MGMT 2,473,325.912 71,798.090 113,079.998
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM GROWTH & INCOME FUND 928965805 FOR 1,916,268.000 MGMT 1,722,590.793 136,227.492 57,449.715
Proposal 2 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Growth & Income
Fund into the PIF Disciplined LargeCap Blend
Fund.
WM GROWTH & INCOME FUND 928965805 FOR 1,916,268.000 MGMT 1,731,463.114 115,780.913 69,023.973
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM GROWTH FUND 928966803 FOR 3,672,566.000 MGMT 3,342,035.060 165,008.390 165,522.550
Proposal 14 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Growth Fund into
the PIF LargeCap Growth Fund.
WM GROWTH FUND 928966803 FOR 3,672,566.000 MGMT 3,352,942.581 154,027.418 165,596.001
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM GROWTH FUND 928966803 FOR 3,672,566.000 MGMT 3,318,824.443 167,065.027 186,676.530
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(b) Janus Capital Management LLC
WM GROWTH FUND 928966803 FOR 3,672,566.000 MGMT 3,308,284.178 173,418.567 190,863.255
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(c) ClearBridge Advisors, LLC
WM GROWTH FUND 928966803 FOR 3,672,566.000 MGMT 3,363,997.005 133,240.694 175,328.301
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(d) OppenheimerFunds, Inc.
WM HIGH YIELD FUND 928965581 FOR 4,258,762.000 MGMT 4,022,826.585 83,769.849 152,165.566
Proposal 3 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM High Yield Fund
into the PIF High Yield Fund II.
WM HIGH YIELD FUND 928965581 FOR 4,258,762.000 MGMT 4,021,421.194 91,393.033 145,905.186
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM INCOME FUND 928965409 FOR 12,642,407.000 MGMT 11,711,167.300 421,877.122 509,362.578
Proposal 4 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Income Fund into
the PIF Income Fund.
WM INCOME FUND 928965409 FOR 12,642,407.000 MGMT 11,747,451.008 386,099.110 508,856.882
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM INTERNATIONAL GROWTH FUND 928966852 FOR 2,639,592.000 MGMT 2,395,667.303 184,111.542 59,813.155
Proposal 15 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM International
Growth Fund into the PIF
Diversified International Fund.
WM INTERNATIONAL GROWTH FUND 928966852 FOR 2,639,592.000 MGMT 2,392,948.524 182,105.452 64,538.024
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM INTERNATIONAL GROWTH FUND 928966852 FOR 2,639,592.000 MGMT 2,425,283.526 138,182.641 76,125.833
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(e) Capital Guardian Trust Company
WM MID CAP STOCK FUND 928965573 FOR 1,056,514.000 MGMT 978,585.527 41,922.476 36,005.997
Proposal 5 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Mid Cap Stock
Fund into the PIF MidCap Stock Fund.
WM MID CAP STOCK FUND 928965573 FOR 1,056,514.000 MGMT 980,582.339 39,788.317 36,153.909
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM REIT FUND 928965417 FOR 648,386.000 MGMT 613,120.285 20,313.933 14,958.265
Proposal 7 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM REIT Fund into
the PIF Real Estate Securities Fund.
WM REIT FUND 928965417 FOR 648,386.000 MGMT 617,970.213 15,904.909 14,517.363
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM SHORT TERM INCOME FUND 928966407 FOR 15,581,304.000 MGMT 14,536,577.567 678,098.350 366,628.083
Proposal 16 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Short Term Income
Fund into the PIF Short-Term Income Fund.
WM SHORT TERM INCOME FUND 928966407 FOR 15,581,304.000 MGMT 14,573,661.070 617,331.264 390,467.478
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM SMALL CAP GROWTH FUND 928966621 FOR 476,428.000 MGMT 437,575.297 23,344.972 15,507.731
Proposal 17 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Small Cap Growth
Fund into the PIF SmallCap Growth Fund.
WM SMALL CAP GROWTH FUND 928966621 FOR 476,428.000 MGMT 438,432.867 21,958.567 16,036.566
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM SMALL CAP GROWTH FUND 928966621 FOR 476,428.000 MGMT 431,529.425 26,346.468 18,556.871
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(f) Delaware Management Company
WM SMALL CAP GROWTH FUND 928966621 FOR 476,428.000 MGMT 431,100.640 25,750.933 19,576.427
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(g) Oberweis Asset Management, Inc.
WM SMALL CAP VALUE FUND 928965367 FOR 624,132.000 MGMT 561,862.350 35,744.040 26,525.610
Proposal 8 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Small Cap Value
Fund into the PIF SmallCap Value Fund.
WM SMALL CAP VALUE FUND 928965367 FOR 624,132.000 MGMT 569,963.584 39,382.729 14,785.687
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM U.S. GOVERNMENT SECURITIES FUND 928965722 FOR 16,054,997.000 MGMT 14,355,093.918 885,914.734 813,988.348
Proposal 10 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM U.S. Government
Securities Fund into the PIF Mortgage Securities
Fund.
WM U.S. GOVERNMENT SECURITIES FUND 928965722 FOR 16,054,997.000 MGMT 14,509,703.539 693,094.220 852,199.241
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
WM WEST COAST EQUITY FUND 928965813 FOR 596,793.000 MGMT 543,117.438 28,490.898 25,184.665
Proposal 11 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM West Coast Equity
Fund into the PIF West Coast Equity Fund.
WM WEST COAST EQUITY FUND 928965813 FOR 596,793.000 MGMT 545,594.129 25,363.703 25,835.169
Proposal 23 Approval of Proposed Advisory
Agreemement with WMA.
Vote Summary Report
Jul 01, 2006 - Jun 30, 2007
Fund: WM Conservative Growth Portfolio
Investment Advisor: Washington Mutual Advisors ("WMA")
All proxy issues were voted on at a special meeting held on December 15, 2006.
Mgmt. Shares Voted
---------------------------------------
Company/Ballot Issues Cusip Rec. Shares Proponent FOR AGAINST ABSTAIN
----------------------------------------------------------------------------------------------------------------------------
WM EQUITY INCOME FUND 928965763 FOR 27,703,483.000 MGMT 25,752,326.692 787,887.057 1,163,269.251
Proposal 1 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Equity
Income Fund into the PIF Equity
Income Fund I.
WM EQUITY INCOME FUND 928965763 FOR 27,703,483.000 MGMT 25,776,705.757 748,271.076 1,178,506.167
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM GROWTH & INCOME FUND 928965805 FOR 22,370,799.000 MGMT 20,109,782.345 1,590,340.101 670,676.554
Proposal 2 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Growth &
Income Fund into the PIF
Disciplined LargeCap Blend Fund.
WM GROWTH & INCOME FUND 928965805 FOR 22,370,799.000 MGMT 20,213,359.144 1,351,643.676 805,796.180
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM GROWTH FUND 928966803 FOR 42,799,764.000 MGMT 38,947,785.240 1,922,993.397 1,928,985.363
Proposal 14 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Growth Fund
into the PIF LargeCap Growth
Fund.
WM GROWTH FUND 928966803 FOR 42,799,764.000 MGMT 39,074,900.539 1,795,022.102 1,929,841.359
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM GROWTH FUND 928966803 FOR 42,799,764.000 MGMT 38,677,290.732 1,946,961.264 2,175,512.004
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(b) Janus Capital Management LLC
WM GROWTH FUND 928966803 FOR 42,799,764.000 MGMT 38,554,455.409 2,021,004.856 2,224,303.735
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(c) ClearBridge Advisors, LLC
WM GROWTH FUND 928966803 FOR 42,799,764.000 MGMT 39,203,727.829 1,552,775.438 2,043,260.733
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(d) OppenheimerFunds, Inc.
WM HIGH YIELD FUND 928965581 FOR 11,030,342.000 MGMT 10,419,261.053 216,966.827 394,114.120
Proposal 3 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM High Yield
Fund into the PIF High Yield Fund II.
WM HIGH YIELD FUND 928965581 FOR 11,030,342.000 MGMT 10,415,621.040 236,711.139 377,899.517
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM INCOME FUND 928965409 FOR 16,319,448.000 MGMT 15,117,357.460 544,579.980 657,510.560
Proposal 4 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Income Fund
into the PIF Income Fund.
WM INCOME FUND 928965409 FOR 16,319,448.000 MGMT 15,164,194.276 498,395.942 656,857.782
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM INTERNATIONAL GROWTH FUND FOR 29,455,269.000 MGMT 26,733,307.592 2,054,505.013 667,456.396
Proposal 15 Approval of Agreement and Plan of
Reorganization providing for the 928966852
combination of the WM
International Growth Fund into the PIF
Diversified International Fund.
WM INTERNATIONAL GROWTH FUND 928966852 FOR 29,455,269.000 MGMT 26,702,968.665 2,032,119.008 720,181.327
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM INTERNATIONAL GROWTH FUND 928966852 FOR 29,455,269.000 MGMT 27,063,795.710 1,541,983.332 849,489.958
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(e) Capital Guardian Trust Company
WM MID CAP STOCK FUND 928965573 FOR 11,939,209.000 MGMT 11,058,572.944 473,747.813 406,888.243
Proposal 5 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Mid Cap
Stock Fund into the PIF MidCap Stock
Fund.
WM MID CAP STOCK FUND 928965573 FOR 11,939,209.000 MGMT 11,081,138.049 449,630.611 408,559.732
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM REIT FUND 928965417 FOR 7,606,936.000 MGMT 7,193,194.751 238,325.305 175,492.014
Proposal 7 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM REIT Fund
into the PIF Real Estate
Securities Fund.
WM REIT FUND 928965417 FOR 7,606,936.000 MGMT 7,250,094.632 186,598.140 170,319.297
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM SMALL CAP GROWTH FUND 928966621 FOR 6,543,442.000 MGMT 6,009,824.305 320,628.658 212,989.037
Proposal 17 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Small Cap
Growth Fund into the PIF SmallCap
Growth Fund.
WM SMALL CAP GROWTH FUND 928966621 FOR 6,543,442.000 MGMT 6,021,602.501 301,587.242 220,252.258
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM SMALL CAP GROWTH FUND 928966621 FOR 6,543,442.000 MGMT 5,926,788.026 361,852.343 254,867.066
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(f) Delaware Management Company
WM SMALL CAP GROWTH FUND 928966621 FOR 6,543,442.000 MGMT 5,920,898.928 353,673.040 268,870.032
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(g) Oberweis Asset Management, Inc.
WM SMALL CAP VALUE FUND 928965367 FOR 8,471,538.000 MGMT 7,626,332.654 485,164.981 360,040.365
Proposal 8 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Small Cap
Value Fund into the PIF SmallCap
Value Fund.
WM SMALL CAP VALUE FUND 928965367 FOR 8,471,538.000 MGMT 7,736,293.217 534,554.048 200,690.735
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM U.S. GOVERNMENT SECURITIES FUND 928965722 FOR 26,535,725.000 MGMT 23,726,122.437 1,464,241.306 1,345,361.258
Proposal 10 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM U.S.
Government Securities Fund into the PIF
Mortgage Securities Fund.
WM U.S. GOVERNMENT SECURITIES FUND 928965722 FOR 26,535,725.000 MGMT 23,981,661.469 1,145,547.248 1,408,516.283
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM WEST COAST EQUITY FUND 928965813 FOR 6,896,008.000 MGMT 6,275,781.040 329,215.422 291,011.538
Proposal 11 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM West Coast
Equity Fund into the PIF West
Coast Equity Fund.
WM WEST COAST EQUITY FUND 928965813 FOR 6,896,008.000 MGMT 6,304,399.474 293,080.340 298,528.186
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
Vote Summary Report
Jul 01, 2006 - Jun 30, 2007
Fund: WM Flexible Income Portfolio
Investment Advisor: Washington Mutual Advisors ("WMA")
All proxy issues were voted on at a special meeting held on December 15, 2006.
Mgmt. Shares Voted
---------------------------------------
Company/Ballot Issues Cusip Rec. Shares Proponent FOR AGAINST ABSTAIN
------------------------------------------------------------------------------------------------------------------
WM EQUITY INCOME FUND 928965763 FOR 1,791,457.000 MGMT 1,665,284.683 50,949.037 75,223.279
Proposal 1 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
Equity Income Fund into the PIF
Equity Income Fund I.
WM EQUITY INCOME FUND 928965763 FOR 1,791,457.000 MGMT 1,666,861.166 48,387.254 76,208.581
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM GROWTH & INCOME FUND 928965805 FOR 1,956,963.000 MGMT 1,759,172.750 139,120.500 58,669.751
Proposal 2 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
Growth & Income Fund into the PIF
Disciplined LargeCap Blend Fund.
WM GROWTH & INCOME FUND 928965805 FOR 1,956,963.000 MGMT 1,768,233.488 118,239.704 70,489.807
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM GROWTH FUND 928966803 FOR 3,664,271.000 MGMT 3,334,486.610 164,635.696 165,148.694
Proposal 14 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
Growth Fund into the PIF LargeCap
Growth Fund.
WM GROWTH FUND 928966803 FOR 3,664,271.000 MGMT 3,345,369.495 153,679.526 165,221.979
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM GROWTH FUND 928966803 FOR 3,664,271.000 MGMT 3,311,328.417 166,687.688 186,254.895
Proposal 24 Approval of Proposed
Sub-Advisory Agreements with:
(b) Janus Capital Management LLC
WM GROWTH FUND 928966803 FOR 3,664,271.000 MGMT 3,300,811.960 173,026.877 190,432.164
Proposal 24 Approval of Proposed
Sub-Advisory Agreements with:
(c) ClearBridge Advisors, LLC
WM GROWTH FUND 928966803 FOR 3,664,271.000 MGMT 3,356,398.951 132,939.752 174,932.298
Proposal 24 Approval of Proposed
Sub-Advisory Agreements with:
(d) OppenheimerFunds, Inc.
WM HIGH YIELD FUND 928965581 FOR 6,538,928.000 MGMT 6,176,671.389 128,620.714 233,635.897
Proposal 3 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
High Yield Fund into the PIF High
Yield Fund II.
WM HIGH YIELD FUND 928965581 FOR 6,538,928.000 MGMT 6,174,513.543 140,325.395 224,023.673
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM INCOME FUND 928965409 FOR 23,744,075.000 MGMT 21,995,086.436 792,339.783 956,648.782
Proposal 4 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
Income Fund into the PIF Income Fund.
WM INCOME FUND 928965409 FOR 23,744,075.000 MGMT 22,063,231.931 725,144.051 955,699.019
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM MID CAP STOCK FUND 928965573 FOR 1,191,950.000 MGMT 1,104,031.768 47,296.576 40,621.656
Proposal 5 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
Mid Cap Stock Fund into the PIF
MidCap Stock Fund.
WM MID CAP STOCK FUND 928965573 FOR 1,191,950.000 MGMT 1,106,284.554 44,888.837 40,788.529
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM REIT FUND 928965417 FOR 424,983.000 MGMT 401,868.175 13,314.717 9,804.358
Proposal 7 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
REIT Fund into the PIF Real Estate
Securities Fund.
WM REIT FUND 928965417 FOR 424,983.000 MGMT 405,047.047 10,424.833 9,515.369
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM SHORT TERM INCOME FUND 928966407 FOR 44,115,217.000 MGMT 41,157,291.700 1,919,894.244 1,038,031.056
Proposal 16 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
Short Term Income Fund into the PIF
Short-Term Income Fund.
WM SHORT TERM INCOME FUND 928966407 FOR 44,115,217.000 MGMT 41,262,285.917 1,747,844.898 1,105,527.338
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM SMALL CAP GROWTH FUND 928966621 FOR 611,467.000 MGMT 561,601.866 29,961.883 19,903.251
Proposal 17 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
Small Cap Growth Fund into the PIF
SmallCap Growth Fund.
WM SMALL CAP GROWTH FUND 928966621 FOR 611,467.000 MGMT 562,702.507 28,182.514 20,581.979
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM SMALL CAP GROWTH FUND 928966621 FOR 611,467.000 MGMT 553,842.350 33,814.125 23,816.640
Proposal 24 Approval of Proposed
Sub-Advisory Agreements with:
(f) Delaware Management
Company
WM SMALL CAP GROWTH FUND 928966621 FOR 611,467.000 MGMT 553,292.030 33,049.791 25,125.179
Proposal 24 Approval of Proposed
Sub-Advisory Agreements with:
(g) Oberweis Asset
Management, Inc.
WM SMALL CAP VALUE FUND 928965367 FOR 770,922.000 MGMT 694,007.112 44,150.703 32,764.185
Proposal 8 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
Small Cap Value Fund into the PIF
SmallCap Value Fund.
WM SMALL CAP VALUE FUND 928965367 FOR 770,922.000 MGMT 704,013.680 48,645.178 18,263.142
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM U.S. GOVERNMENT SECURITIES FUND 928965722 FOR 25,721,761.000 MGMT 22,998,340.945 1,419,326.772 1,304,093.283
Proposal 10 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
U.S. Government Securities Fund into
the PIF Mortgage Securities
Fund.
WM U.S. GOVERNMENT SECURITIES FUND 928965722 FOR 25,721,761.000 MGMT 23,246,041.504 1,110,408.422 1,365,311.074
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
WM WEST COAST EQUITY FUND 928965813 FOR 264,698.000 MGMT 240,891.062 12,636.683 11,170.256
Proposal 11 Approval of Agreement
and Plan of Reorganization providing
for the combination of the WM
West Coast Equity Fund into the PIF
West Coast Equity Fund.
WM WEST COAST EQUITY FUND 928965813 FOR 264,698.000 MGMT 241,989.559 11,249.665 11,458.776
Proposal 23 Approval of Proposed
Advisory Agreement with WMA
Vote Summary Report
Jul 01, 2006 - Jun 30, 2007
Fund: WM Strategic Growth Portfolio
Investment Advisor: Washington Mutual Advisors ("WMA")
All proxy issues were voted on at a special meeting held on December 15, 2006.
Mgmt. Shares Voted
---------------------------------------
Company/Ballot Issues Cusip Rec. Shares Proponent FOR AGAINST ABSTAIN
----------------------------------------------------------------------------------------------------------------------------
WM EQUITY INCOME FUND 928965763 FOR 17,922,998.000 MGMT 16,660,681.251 509,730.063 752,586.686
Proposal 1 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Equity Income
Fund into the PIF Equity
Income Fund I.
WM EQUITY INCOME FUND 928965763 FOR 17,922,998.000 MGMT 16,676,453.489 484,100.176 762,444.335
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM GROWTH & INCOME FUND 928965805 FOR 14,523,335.000 MGMT 13,055,461.532 1,032,463.885 435,409.583
Proposal 2 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Growth &
Income Fund into the PIF
Disciplined LargeCap Blend Fund.
WM GROWTH & INCOME FUND 928965805 FOR 14,523,335.000 MGMT 13,122,704.573 877,499.901 523,130.527
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM GROWTH FUND 928966803 FOR 30,645,273.000 MGMT 27,887,198.430 1,376,892.116 1,381,182.454
Proposal 14 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Growth Fund
into the PIF LargeCap Growth Fund.
WM GROWTH FUND 928966803 FOR 30,645,273.000 MGMT 27,978,214.891 1,285,262.750 1,381,795.360
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM GROWTH FUND 928966803 FOR 30,645,273.000 MGMT 27,693,520.305 1,394,053.469 1,557,699.227
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(b) Janus Capital Management LLC
WM GROWTH FUND 928966803 FOR 30,645,273.000 MGMT 27,605,568.371 1,447,069.791 1,592,634.838
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(c) ClearBridge Advisors, LLC
WM GROWTH FUND 928966803 FOR 30,645,273.000 MGMT 28,070,457.163 1,111,810.504 1,463,005.333
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(d) OppenheimerFunds, Inc.
WM HIGH YIELD FUND 928965581 FOR 10,795,210.000 MGMT 10,197,155.366 212,341.781 385,712.853
Proposal 3 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM High Yield
Fund into the PIF High Yield Fund II.
WM HIGH YIELD FUND 928965581 FOR 10,795,210.000 MGMT 10,193,592.947 231,665.207 369,843.895
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM INTERNATIONAL GROWTH FUND 928966852 FOR 20,633,926.000 MGMT 18,727,144.898 1,439,216.339 467,564.763
Proposal 15 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM International
Growth Fund into the PIF
Diversified International Fund.
WM INTERNATIONAL GROWTH FUND 928966852 FOR 20,633,926.000 MGMT 18,705,891.955 1,423,534.555 504,499.491
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM INTERNATIONAL GROWTH FUND 928966852 FOR 20,633,926.000 MGMT 18,958,657.548 1,080,186.026 595,082.426
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(e) Capital Guardian Trust Company
WM MID CAP STOCK FUND 928965573 FOR 8,928,981.000 MGMT 8,270,379.361 354,301.966 304,299.672
Proposal 5 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Mid Cap Stock
Fund into the PIF MidCap Stock Fund.
WM MID CAP STOCK FUND 928965573 FOR 8,928,981.000 MGMT 8,287,255.136 336,265.424 305,549.730
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM REIT FUND 928965417 FOR 4,641,181.000 MGMT 4,388,747.165 145,408.201 107,072.046
Proposal 7 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM REIT Fund into
the PIF Real Estate Securities Fund.
WM REIT FUND 928965417 FOR 4,641,181.000 MGMT 4,423,463.199 113,848.170 103,916.043
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM SMALL CAP GROWTH FUND 928966621 FOR 4,302,818.000 MGMT 3,951,923.192 210,838.082 140,056.726
Proposal 17 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Small Cap
Growth Fund into the PIF SmallCap Growth Fund.
WM SMALL CAP GROWTH FUND 928966621 FOR 4,302,818.000 MGMT 3,959,668.265 198,316.882 144,832.854
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM SMALL CAP GROWTH FUND 928966621 FOR 4,302,818.000 MGMT 3,897,320.432 237,945.835 167,594.761
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(f) Delaware Management Company
WM SMALL CAP GROWTH FUND 928966621 FOR 4,302,818.000 MGMT 3,893,447.895 232,567.313 176,802.792
Proposal 24 Approval of Proposed Sub-Advisory
Agreements with:
(g) Oberweis Asset Management, Inc.
WM SMALL CAP VALUE FUND 928965367 FOR 5,548,865.000 MGMT 4,995,254.739 317,783.499 235,826.763
Proposal 8 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM Small Cap
Value Fund into the PIF SmallCap
Value Fund.
WM SMALL CAP VALUE FUND 928965367 FOR 5,548,865.000 MGMT 5,067,279.007 350,133.382 131,452.612
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
WM WEST COAST EQUITY FUND 928965813 FOR 4,778,041.000 MGMT 4,348,303.992 228,103.677 201,633.330
Proposal 11 Approval of Agreement and Plan of
Reorganization providing for the
combination of the WM West Coast
Equity Fund into the PIF West
Coast Equity Fund.
WM WEST COAST EQUITY FUND 928965813 FOR 4,778,041.000 MGMT 4,368,132.863 203,066.743 206,841.395
Proposal 23 Approval of Proposed Advisory
Agreement with WMA
SIGNATURE
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.
WM STRATEGIC ASSET MANAGEMENT PORTFOLIOS, LLC
By: /s/ Jeffrey L. Lunzer
---------------------------------------------
Jeffrey L. Lunzer
Chief Financial Officer
Dated: July 30, 2007