********************** FORM N-Px REPORT **************************

                 SECURITIES AND EXCHANGE COMMISSION

                        Washington, D.C.  20549

                          FORM N-PX REPORT

              ANNUAL REPORT OF PROXY VOTING RECORD OF
              REGISTERED MANAGEMENT INVESTMENT COMPANY

                  Investment Company Act file number
                              0000076721


                     PAX WORLD FUNDS SERIES TRUST I
           (Exact name of registrant as specified in charter)

                        30 Penhallow St, Ste. 400
                           Portsmouth, NH  03801
                (Address of principal executive offices)


             Registrant's Telephone Number, Including Area Code:
                              (800) 767-1729

                       Corporation Service Company
                       Corporation Service Company
                              84 State Street
                             Boston, MA  02109
                 (Name and address of agent for service)

               Date of fiscal year end: December 31, 2006

         Date of reporting period: July 1, 2006 - June 30, 2007

    ITEM 1. PROXY VOTING RECORD
    
                                                                      
    ============================ PAX WORLD BALANCED FUND ==============================

    BT GROUP PLC (FORMERLY BRITISH TELECOMMUNICATIONS PLC)
    Ticker:        BT                Security ID:   05577E101
    Meeting Date:  07/12/2006        Meeting Type:  Annual
    Record Date:   05/26/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      REPORTS AND ACCOUNTS                                  For      For      Management
    2      REMUNERATION REPORT                                   For      For      Management
    3      FINAL DIVIDEND                                        For      For      Management
    4      RE-ELECT SIR ANTHONY GREENER                          For      For      Management
    5      RE-ELECT MAARTEN VAN DEN BERGH                        For      For      Management
    6      RE-ELECT CLAYTON BRENDISH                             For      For      Management
    7      ELECT MATTI ALAHUHTA                                  For      For      Management
    8      ELECT PHIL HODKINSON                                  For      For      Management
    9      Ratify Auditors                                       For      For      Management
    10     REMUNERATION OF AUDITORS                              For      For      Management
    11     AUTHORITY TO ALLOT SHARES                             For      For      Management
    12     AUTHORITY TO ALLOT SHARES FOR CASH SPECIAL RESOLUTION For      For      Management
    13     AUTHORITY TO PURCHASE OWN SHARES SPECIAL RESOLUTION   For      For      Management
    14     AUTHORITY FOR POLITICAL DONATIONS SPECIAL RESOLUTION  For      For      Management


    VODAFONE GROUP PLC
    Ticker:        VOD               Security ID:   92857W100
    Meeting Date:  07/25/2006        Meeting Type:  Special
    Record Date:   06/13/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      TO APPROVE THE RETURN OF CAPITAL BY WAY OF A B SHARE  For      For      Management
           SCHEME AND SHARE CONSOLIDATION AND THE CONSEQUENTIAL
    2      TO RECEIVE THE REPORT OF THE DIRECTORS AND FINANCIAL  For      For      Management
    3.1    Elect  Director Sir John Bond                         For      For      Management
    3.2    Elect  Director Arun Sarin                            For      For      Management
    3.3    Elect  Director Thomas Geitner                        For      For      Management
    3.4    Elect  Director Dr Michael Boskin                     For      For      Management
    3.5    Elect  Director Lord Broers                           For      For      Management
    3.6    Elect  Director John Buchanan                         For      For      Management
    3.7    Elect  Director Andrew Halford                        For      For      Management
    3.8    Elect  Director Prof J. Schrempp                      For      For      Management
    3.9    Elect  Director Luc Vandevelde                        For      For      Management
    3.10   Elect  Director Philip Yea                            For      For      Management
    3.11   Elect  Director Anne Lauvergeon                       For      For      Management
    3.12   Elect  Director Anthony Watson                        For      For      Management
    4      TO APPROVE A FINAL DIVIDEND OF 3.87P PER ORDINARY     For      For      Management
    5      TO APPROVE THE REMUNERATION REPORT                    For      For      Management
    6      Ratify Auditors                                       For      For      Management
    7      TO AUTHORISE THE AUDIT COMMITTEE TO DETERMINE THE     For      For      Management
    8      TO ADOPT NEW ARTICLES OF ASSOCIATION +                For      For      Management
    9      TO AUTHORISE DONATIONS UNDER THE POLITICAL PARTIES,   For      For      Management
    10     TO RENEW AUTHORITY TO ALLOT SHARES UNDER ARTICLE 16.2 For      For      Management
    11     TO RENEW AUTHORITY TO DISAPPLY PRE-EMPTION RIGHTS     For      For      Management
    12     TO AUTHORISE THE COMPANY S PURCHASE OF ITS OWN SHARES For      For      Management


    MCKESSON CORPORATION
    Ticker:        MCK               Security ID:   58155Q103
    Meeting Date:  07/26/2006        Meeting Type:  Annual
    Record Date:   05/31/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Director Wayne A. Budd                          For      For      Management
    1.2    Elect Director Alton F. Irby III                      For      For      Management
    1.3    Elect Director David M. Lawrence, M.D.                For      For      Management
    1.4    Elect Director James V. Napier                        For      For      Management
    2      Ratify Auditors                                       For      For      Management
    3      Declassify the Board of Directors                     Against  For      Shareholder


    CHICAGO BRIDGE & IRON CO.
    Ticker:        CBI               Security ID:   167250109
    Meeting Date:  07/28/2006        Meeting Type:  Annual
    Record Date:   06/09/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      ELECTION OF L. RICHARD FLURY                          For      For      Management
    2      ELECTION OF DAVID P. BORDAGES                         Against  Against  Management
    3      ELECTION OF VINCENT L. KONTNY                         For      For      Management
    4      ELECTION OF SAMUEL C. LEVENTRY                        Against  Against  Management
    5      ELECTION OF PHILIP K. ASHERMAN                        For      For      Management
    6      ELECTION OF LUCIANO REYES                             Against  Against  Management
    7      TO ELECT CHICAGO BRIDGE & IRON COMPANY B.V. AS A      For      Against  Management
    8      TO ELECT LEALAND FINANCE COMPANY B.V. AS A MEMBER OF  Against  Against  Management
    9      TO AUTHORIZE THE PREPARATION OF THE ANNUAL ACCOUNTS   For      For      Management
    10     TO DISCHARGE THE MEMBERS OF THE MANAGEMENT BOARD FROM For      For      Management
    11     TO DISCHARGE THE MEMBERS OF THE SUPERVISORY BOARD     For      For      Management
    12     TO RESOLVE ON THE FINAL DIVIDEND FOR THE YEAR ENDED   For      For      Management
    13     TO DETERMINE THE COMPENSATION OF THE NON-EXECUTIVE    For      For      Management
    14     TO APPROVE THE EXTENSION OF THE AUTHORITY OF THE      For      For      Management
           MANAGEMENT BOARD TO REPURCHASE UP TO 10% OF THE
    15     TO APPROVE THE EXTENSION OF THE AUTHORITY OF THE      For      For      Management
           SUPERVISORY BOARD TO ISSUE AND/OR GRANT RIGHTS TO
    16     TO APPOINT ERNST & YOUNG LLP OUR INDEPENDENT          For      For      Management
           REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING


    KEYSPAN CORPORATION
    Ticker:        KSE               Security ID:   49337W100
    Meeting Date:  08/17/2006        Meeting Type:  Annual
    Record Date:   07/03/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Merger Agreement                              For      For      Management
    2.1    Elect Director Robert B. Catell                       For      For      Management
    2.2    Elect Director Andrea S. Christensen                  For      For      Management
    2.3    Elect Director Robert J. Fani                         For      For      Management
    2.4    Elect Director Alan H. Fishman                        For      For      Management
    2.5    Elect Director James R. Jones                         For      For      Management
    2.6    Elect Director James L. Larocca                       For      For      Management
    2.7    Elect Director Gloria C. Larson                       For      For      Management
    2.8    Elect Director Stephen W. Mckessy                     For      For      Management
    2.9    Elect Director Edward D. Miller                       For      For      Management
    2.10   Elect Director Vikki L. Pryor                         For      For      Management
    3      Ratify Auditors                                       For      For      Management
    4      Adopt Simple Majority Vote Requirement                Against  For      Shareholder


    MEDTRONIC, INC.
    Ticker:        MDT               Security ID:   585055106
    Meeting Date:  08/24/2006        Meeting Type:  Annual
    Record Date:   06/26/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Director Richard H. Anderson                    For      For      Management
    1.2    Elect Director Michael R. Bonsignore                  For      For      Management
    1.3    Elect Director Robert C. Pozen                        For      For      Management
    1.4    Elect Director Gordon M. Sprenger                     For      Withhold Management
    2      Ratify Auditors                                       For      For      Management
    3      Require a Majority Vote for the Election of Directors Against  For      Shareholder


    CEMEX S.A.B. DE C.V.
    Ticker:        CX                Security ID:   151290889
    Meeting Date:  08/31/2006        Meeting Type:  Special
    Record Date:   08/10/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      PRESENTATION, DISCUSSION AND APPROVAL OF THE PROJECT  For      For      Management
           THAT MODIFIES THE ISSUANCE DEED OF THE ORDINARY
           PARTICIPATION CERTIFICATES DENOMINATED  CEMEX.CPO ,
           AS WELL AS THE TRUST AGREEMENT NUMBER 111033-9


    MAVERICK TUBE CORP.
    Ticker:        MVK               Security ID:   577914104
    Meeting Date:  10/02/2006        Meeting Type:  Special
    Record Date:   08/31/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Merger Agreement                              For      For      Management
    2      Adjourn Meeting                                       For      For      Management


    TELECOM CORPORATION OF NEW ZEALAND LIMITED
    Ticker:        TEL               Security ID:   879278208
    Meeting Date:  10/05/2006        Meeting Type:  Annual
    Record Date:   08/29/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      TO AUTHORISE THE DIRECTORS TO FIX THE REMUNERATION OF For      For      Management
    2      TO RE-ELECT MR. MCLEOD AS A DIRECTOR.                 For      For      Management
    3      TO RE-ELECT MR. MCGEOCH AS A DIRECTOR.                For      For      Management


    THE PROCTER & GAMBLE COMPANY
    Ticker:        PG                Security ID:   742718109
    Meeting Date:  10/10/2006        Meeting Type:  Annual
    Record Date:   08/11/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Director Norman R. Augustine                    For      For      Management
    1.2    Elect Director A.G. Lafley                            For      For      Management
    1.3    Elect Director Johnathan A. Rodgers                   For      For      Management
    1.4    Elect Director John F. Smith, Jr.                     For      For      Management
    1.5    Elect Director Margaret C. Whitman                    For      For      Management
    2      Approve Decrease in Size of Board                     For      For      Management
    3      Ratify Auditors                                       For      For      Management
    4      Amend Omnibus Stock Plan                              For      For      Management
    5      Put Repricing of Stock Options to Shareholder Vote    Against  Against  Shareholder


    SEAGATE TECHNOLOGY
    Ticker:        STX               Security ID:   G7945J104
    Meeting Date:  10/26/2006        Meeting Type:  Annual
    Record Date:   09/01/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      ELECT FRANK J. BIONDI, JR. AS A DIRECTOR.             For      For      Management
    2      ELECT WILLIAM W. BRADLEY AS A DIRECTOR.               For      For      Management
    3      ELECT MICHAEL R. CANNON AS A DIRECTOR.                For      For      Management
    4      ELECT JAMES A. DAVIDSON AS A DIRECTOR.                For      For      Management
    5      ELECT DONALD E. KIERNAN AS A DIRECTOR.                For      For      Management
    6      ELECT STEPHEN J. LUCZO AS A DIRECTOR.                 For      For      Management
    7      ELECT DAVID F. MARQUARDT AS A DIRECTOR.               For      For      Management
    8      ELECT LYDIA M. MARSHALL AS A DIRECTOR.                For      For      Management
    9      ELECT C.S. PARK AS A DIRECTOR.                        For      For      Management
    10     ELECT GREGORIO REYES AS A DIRECTOR.                   For      For      Management
    11     ELECT JOHN W. THOMPSON AS A DIRECTOR.                 For      For      Management
    12     ELECT WILLIAM D. WATKINS AS A DIRECTOR.               For      For      Management
    13     APPROVE AN INCREASE IN SHARES ELIGIBLE FOR ISSUANCE   For      For      Management
           UNDER 2004 STOCK COMPENSATION PLAN IN THE AMOUNT OF
    14     APPROVE AN INCREASE IN THE ISSUABLE SHARES FOR        For      For      Management
           PURCHASE UNDER EMPLOYEE STOCK PURCHASE PLAN IN THE
    15     RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP TO SERVE  For      For      Management


    THE ESTEE LAUDER COMPANIES INC.
    Ticker:        EL                Security ID:   518439104
    Meeting Date:  10/31/2006        Meeting Type:  Annual
    Record Date:   09/15/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Director Rose Marie Bravo                       For      For      Management
    1.2    Elect Director Paul J. Fribourg                       For      For      Management
    1.3    Elect Director Mellody Hobson                         For      For      Management
    1.4    Elect Director Irvine O. Hockaday, Jr.                For      For      Management
    1.5    Elect Director Barry S. Sternlicht                    For      Withhold Management
    2      Ratify Auditors                                       For      For      Management


    CHECKFREE CORP.
    Ticker:        CKFR              Security ID:   162813109
    Meeting Date:  11/01/2006        Meeting Type:  Annual
    Record Date:   09/15/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Director Mark A. Johnson                        For      For      Management
    1.2    Elect Director Eugene F. Quinn                        For      For      Management
    2      Approve Qualified Employee Stock Purchase Plan        For      For      Management


    COACH, INC.
    Ticker:        COH               Security ID:   189754104
    Meeting Date:  11/02/2006        Meeting Type:  Annual
    Record Date:   09/14/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Director Lew Frankfort                          For      For      Management
    1.2    Elect Director Susan Kropf                            For      For      Management
    1.3    Elect Director Gary Loveman                           For      For      Management
    1.4    Elect Director Ivan Menezes                           For      For      Management
    1.5    Elect Director Irene Miller                           For      For      Management
    1.6    Elect Director Keith Monda                            For      For      Management
    1.7    Elect Director Michael Murphy                         For      For      Management
    1.8    Elect Director Jide Zeitlin                           For      For      Management


    AUTOMATIC DATA PROCESSING, INC.
    Ticker:        ADP               Security ID:   053015103
    Meeting Date:  11/14/2006        Meeting Type:  Annual
    Record Date:   09/15/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Director Gregory D. Brenneman                   For      For      Management
    1.2    Elect Director Leslie A. Brun                         For      For      Management
    1.3    Elect Director Gary C. Butler                         For      For      Management
    1.4    Elect Director Leon G. Cooperman                      For      For      Management
    1.5    Elect Director R. Glenn Hubbard                       For      For      Management
    1.6    Elect Director John P. Jones                          For      For      Management
    1.7    Elect Director Ann Dibble Jordan                      For      For      Management
    1.8    Elect Director Frederic V. Malek                      For      For      Management
    1.9    Elect Director Henry Taub                             For      For      Management
    1.10   Elect Director Arthur F. Weinbach                     For      For      Management
    2      Approve Executive Incentive Bonus Plan                For      For      Management
    3      Ratify Auditors                                       For      For      Management


    MICROSOFT CORP.
    Ticker:        MSFT              Security ID:   594918104
    Meeting Date:  11/14/2006        Meeting Type:  Annual
    Record Date:   09/08/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Elect Director William H. Gates, III                  For      NA       Management
    2      Elect Director Steven A. Ballmer                      For      NA       Management
    3      Elect Director James I. Cash, Jr., Ph.D.              For      NA       Management
    4      Elect Director Dina Dublon                            For      NA       Management
    5      Elect Director Raymond V. Gilmartin                   For      NA       Management
    6      Elect Director David F. Marquardt                     For      NA       Management
    7      Elect Director Charles H. Noski                       For      NA       Management
    8      Elect Director Helmut Panke                           For      NA       Management
    9      Elect Director Jon A. Shirley                         For      NA       Management
    10     Ratify Auditors                                       For      NA       Management
    11     Cease Product Sales that Can Be Used to Violate Human Against  NA       Shareholder
    12     Amend EEO Statement to Not Reference Sexual           Against  NA       Shareholder
    13     Establish Shareholder Advisory Committee              Against  NA       Shareholder


    CISCO SYSTEMS, INC.
    Ticker:        CSCO              Security ID:   17275R102
    Meeting Date:  11/15/2006        Meeting Type:  Annual
    Record Date:   09/18/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Director Carol A. Bartz                         For      For      Management
    1.2    Elect Director M. Michele Burns                       For      For      Management
    1.3    Elect Director Michael D. Capellas                    For      For      Management
    1.4    Elect Director Larry R. Carter                        For      For      Management
    1.5    Elect Director John T. Chambers                       For      For      Management
    1.6    Elect Director Dr. John L. Hennessy                   For      For      Management
    1.7    Elect Director Richard M. Kovacevich                  For      For      Management
    1.8    Elect Director Roderick C. McGeary                    For      For      Management
    1.9    Elect Director Steven M. West                         For      For      Management
    1.10   Elect Director Jerry Yang                             For      For      Management
    2      Ratify Auditors                                       For      For      Management
    3      Performance-Based and/or Time-Based Equity Awards     Against  For      Shareholder
    4      Report on Pay Disparity                               Against  For      Shareholder
    5      Report on Internet Fragmentation                      Against  For      Shareholder


    CEMEX S.A.B. DE C.V.
    Ticker:        CX                Security ID:   151290889
    Meeting Date:  12/07/2006        Meeting Type:  Annual
    Record Date:   11/08/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      CONSIDERATION AND, IF APPLICABLE, AUTHORIZATION OF A  For      For      Management
           TRANSACTION, AFTER HEARING A REPORT BY THE CHIEF


    AMERICA MOVIL SA DE CV
    Ticker:        AMX               Security ID:   02364W105
    Meeting Date:  12/13/2006        Meeting Type:  Special
    Record Date:   11/28/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Ratify Members of the Board of Directors that Were    For      For      Management
    2      Designate Inspector or Shareholder Representative(s)  For      For      Management


    INTUIT INC.
    Ticker:        INTU              Security ID:   461202103
    Meeting Date:  12/15/2006        Meeting Type:  Annual
    Record Date:   10/20/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Director Stephen M. Bennett                     For      For      Management
    1.2    Elect Director Christopher W. Brody                   For      For      Management
    1.3    Elect Director William V. Campbell                    For      For      Management
    1.4    Elect Director Scott D. Cook                          For      For      Management
    1.5    Elect Director L. John Doerr                          For      For      Management
    1.6    Elect Director Diane B. Greene                        For      For      Management
    1.7    Elect Director Michael R. Hallman                     For      For      Management
    1.8    Elect Director Dennis D. Powell                       For      For      Management
    1.9    Elect Director Stratton D. Sclavos                    For      Withhold Management
    2      Ratify Auditors                                       For      For      Management
    3      Approve Omnibus Stock Plan                            For      For      Management
    4      Amend Qualified Employee Stock Purchase Plan          For      For      Management


    AMDOCS LTD
    Ticker:        DOX               Security ID:   G02602103
    Meeting Date:  01/18/2007        Meeting Type:  Annual
    Record Date:   11/20/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - BRUCE K. ANDERSON                     For      Withhold Management
    1.2    Elect Nominee - ADRIAN GARDNER                        For      Withhold Management
    1.3    Elect Nominee - CHARLES E. FOSTER                     For      Withhold Management
    1.4    Elect Nominee - JAMES S. KAHAN                        For      Withhold Management
    1.5    Elect Nominee - DOV BAHARAV                           For      Withhold Management
    1.6    Elect Nominee - JULIAN A. BRODSKY                     For      Withhold Management
    1.7    Elect Nominee - ELI GELMAN                            For      Withhold Management
    1.8    Elect Nominee - NEHEMIA LEMELBAUM                     For      Withhold Management
    1.9    Elect Nominee - JOHN T. MCLENNAN                      For      Withhold Management
    1.10   Elect Nominee - ROBERT A. MINICUCCI                   For      Withhold Management
    1.11   Elect Nominee - SIMON OLSWANG                         For      Withhold Management
    1.12   Elect Nominee - MARIO SEGAL                           For      Withhold Management
    1.13   Elect Nominee - JOSEPH VARDI                          For      Withhold Management
    2      Approve Financial Statements/Reports                  For      For      Management
    3      Approve Appointment/Remuneration of Auditors          For      For      Management


    BECTON DICKINSON & CO
    Ticker:        BDX               Security ID:   075887109
    Meeting Date:  01/30/2007        Meeting Type:  Annual
    Record Date:   12/06/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - Claire Fraser-Liggett                 For      For      Management
    1.2    Elect Nominee - Henry P. Becton Jr                    For      For      Management
    1.3    Elect Nominee - Edward F. DeGraan                     For      For      Management
    1.4    Elect Nominee - Adel A. F. Mahmoud                    For      For      Management
    1.5    Elect Nominee - James F. Orr                          For      For      Management
    2      Ratify Appointment of Auditors - Ernst & Young LLP    For      For      Management
    3      Add Shares to 2004 Equity-Based Compensation Plan     For      For      Management
    4      Adopt Cumulative Voting                               Against  For      Shareholder


    HEWITT ASSOCIATES INC
    Ticker:        HEW               Security ID:   42822Q100
    Meeting Date:  01/31/2007        Meeting Type:  Annual
    Record Date:   12/04/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - Steven A. Denning                     For      For      Management
    1.2    Elect Nominee - Michael E. Greenlees                  For      For      Management
    1.3    Elect Nominee - Steven P. Stanbrook                   For      For      Management
    2      Eliminate Dual Class Common Stock                     For      For      Management
    3      Ratify Appointment of Auditors - Ernst & Young LLP    For      For      Management


    ACCENTURE LTD
    Ticker:        ACN               Security ID:   G1150G111
    Meeting Date:  02/07/2007        Meeting Type:  Annual
    Record Date:   12/11/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect - NOBUYUKI IDEI                                 For      For      Management
    1B     Elect - MARJORIE MAGNER                               For      For      Management
    1C     Elect - DENNIS F. HIGHTOWER                           For      For      Management
    1D     Elect - WILLIAM L. KIMSEY                             For      For      Management
    1E     Elect - ROBERT I. LIPP                                For      For      Management
    1F     Elect - WULF VON SCHIMMELMANN                         For      For      Management
    2      Ratify Appointment of Auditors and Set their Fees     For      For      Management


    FAIR ISAAC CORP
    Ticker:        FIC               Security ID:   303250104
    Meeting Date:  02/12/2007        Meeting Type:  Annual
    Record Date:   12/15/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: A. GEORGE BATTLE                       For      For      Management
    1.2    Elect Nominee: ANDREW CECERE                          For      For      Management
    1.3    Elect Nominee: TONY J. CHRISTIANSON                   For      For      Management
    1.4    Elect Nominee: GUY R. HENSHAW                         For      For      Management
    1.5    Elect Nominee: ALEX W. HART                           For      For      Management
    1.6    Elect Nominee: MARGARET L. TAYLOR                     For      For      Management
    1.7    Elect Nominee: WILLIAM J. LANSING                     For      For      Management
    2      Ratify Appointment of Auditors - Deloitte & Touche    For      For      Management


    JOY GLOBAL INC
    Ticker:        JOYG              Security ID:   481165108
    Meeting Date:  02/22/2007        Meeting Type:  Annual
    Record Date:   01/09/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - Steven L. Gerard                      For      For      Management
    1.2    Elect Nominee - John Nils Hanson                      For      For      Management
    1.3    Elect Nominee - Ken C. Johnsen                        For      For      Management
    1.4    Elect Nominee - Gale E. Klappa                        For      For      Management
    1.5    Elect Nominee - Richard B. Loynd                      For      For      Management
    1.6    Elect Nominee - P. Eric Siegert                       For      For      Management
    1.7    Elect Nominee - Michael W. Sutherlin                  For      For      Management
    1.8    Elect Nominee - James H. Tate                         For      For      Management
    2      Approve 2007 Stock Incentive Plan                     For      For      Management
    3      Increase Common Stock                                 For      Against  Management


    UGI CORP
    Ticker:        UGI               Security ID:   902681105
    Meeting Date:  02/27/2007        Meeting Type:  Annual
    Record Date:   12/15/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: J.W. STRATTON                          For      For      Management
    1.2    Elect Nominee: S.D. BAN                               For      For      Management
    1.3    Elect Nominee: R.C. GOZON                             For      For      Management
    1.4    Elect Nominee: L.R. GREENBERG                         For      For      Management
    1.5    Elect Nominee: M.O. SCHLANGER                         For      For      Management
    1.6    Elect Nominee: A. POL                                 For      For      Management
    1.7    Elect Nominee: E.E. JONES                             For      For      Management
    1.8    Elect Nominee: J.L. WALSH                             For      For      Management
    1.9    Elect Nominee: R.B. VINCENT                           For      For      Management
    2      Amend 2004 Omnibus Equity Compensation Plan           For      For      Management
    3      Ratify Appointment of Auditors -                      For      For      Management


    DEERE & CO
    Ticker:        DE                Security ID:   244199105
    Meeting Date:  02/28/2007        Meeting Type:  Annual
    Record Date:   12/29/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect ROBERT W. LANE                                  For      For      Management
    1B     Elect ANTONIO MADERO B.                               For      For      Management
    1C     Elect AULANA L. PETERS                                For      For      Management
    2      Ratify Appointment of Auditors - Deloitte & Touche    For      For      Management


    QUALCOMM INC
    Ticker:        QCOM              Security ID:   747525103
    Meeting Date:  03/13/2007        Meeting Type:  Annual
    Record Date:   01/12/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: BARBARA T. ALEXANDER                   For      For      Management
    1.2    Elect Nominee: RAYMOND V. DITTAMORE                   For      For      Management
    1.3    Elect Nominee: IRWIN MARK JACOBS                      For      For      Management
    1.4    Elect Nominee: SHERRY LANSING                         For      For      Management
    1.5    Elect Nominee: PETER M. SACERDOTE                     For      For      Management
    1.6    Elect Nominee: MARC I. STERN                          For      For      Management
    2      Ratify Appointment of Auditors -                      For      For      Management


    APPLIED MATERIALS INC
    Ticker:        AMAT              Security ID:   038222105
    Meeting Date:  03/14/2007        Meeting Type:  Annual
    Record Date:   01/19/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Michael H. Armacost                    For      For      Management
    1.2    Elect Nominee: Robert H. Brust                        For      For      Management
    1.3    Elect Nominee: Deborah A. Coleman                     For      For      Management
    1.4    Elect Nominee: Philip V. Gerdine                      For      For      Management
    1.5    Elect Nominee: Thomas J. Iannotti                     For      For      Management
    1.6    Elect Nominee: Charles Y.S. Liu                       For      For      Management
    1.7    Elect Nominee: James C. Morgan                        For      For      Management
    1.8    Elect Nominee: Gerhard H. Parker                      For      For      Management
    1.9    Elect Nominee: Willem P. Roelandts                    For      For      Management
    1.10   Elect Nominee: Michael R. Splinter                    For      For      Management
    2      Amend Employee Stock Incentive Plan                   For      For      Management
    3      Add Shares/Amend Employees Stock Purchase Plan        For      For      Management
    4      Reapprove Senior Executive Bonus Plan                 For      For      Management
    5      Ratify Appointment of Auditors- KPMG LLP              For      For      Management


    BANCO BILBAO VIZCAYA  -ADR
    Ticker:        BBV               Security ID:   05946K101
    Meeting Date:  03/15/2007        Meeting Type:  Annual
    Record Date:   02/22/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Financial Statements/Reports                  For      For      Management
    2A     Appoint Director: Mr Rafael Bermejo Blanco            For      For      Management
    2B     Appoint Director: Mr. Richard C. Breeden              For      For      Management
    2C     Appoint Director: Mr. Ramon Bustamante Y De La Mora   For      Against  Management
    2D     Appoint Director: Mr. Jose Antonio Fernandez Rivero   For      For      Management
    2E     Appoint Director: Mr. Ignacio Ferrero Jordi           For      For      Management
    2F     Appoint Director: Mr. Roman Knorr Borras              For      For      Management
    2G     Appoint Director: Mr. Enrique Medina Fernandez        For      For      Management
    3      Approve Share Issue                                   For      For      Management
    4      Approve Share Buyback                                 For      For      Management
    5      Approve Appointment of Auditors                       For      Against  Management
    6      Eliminate Annual Renewal of 1/5 of the Board          For      For      Management
    7      Create Foundation for Social-Economic Projects        For      For      Management
    8      Authorize Board to Act on Matters Adopted by          For      For      Management


    CVS CORP
    Ticker:        CVS               Security ID:   126650100
    Meeting Date:  03/15/2007        Meeting Type:  Special
    Record Date:   01/19/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Increase Common Stock                                 For      For      Management
    2      Approve Stock Issuance to Complete Merger             For      For      Management
    3      Approve Adjournment of Meeting                        For      For      Management


    EQUITABLE RESOURCES INC
    Ticker:        EQT               Security ID:   294549100
    Meeting Date:  04/11/2007        Meeting Type:  Annual
    Record Date:   02/12/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - Vicky A. Bailey                       For      For      Management
    1.2    Elect Nominee - Murry S. Gerber                       For      For      Management
    1.3    Elect Nominee - George L. Miles Jr.                   For      For      Management
    1.4    Elect Nominee - James W. Whalen                       For      For      Management
    2      Ratify Appointment of Auditors - Ernst & Young LLP    For      For      Management
    3      Clarify Requirement for Charter/Bylaw Amendments      For      For      Management
    4      Award Pay for Superior Performance                    Against  For      Shareholder


    BP PLC  -ADR
    Ticker:        BP                Security ID:   055622104
    Meeting Date:  04/12/2007        Meeting Type:  Annual
    Record Date:   02/09/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Financial Statements/Reports                  For      For      Management
    2      Approve Remuneration Report                           For      For      Management
    3.1    Elect Nominee: DR D C ALLEN                           For      For      Management
    3.2    Elect Nominee: LORD BROWNE                            For      For      Management
    3.3    Elect Nominee: MR A BURGMANS                          For      For      Management
    3.4    Elect Nominee: SIR WILLIAM CASTELL                    For      For      Management
    3.5    Elect Nominee: MR I C CONN                            For      For      Management
    3.6    Elect Nominee: MR E B DAVIS, JR                       For      For      Management
    3.7    Elect Nominee: MR D J FLINT                           For      For      Management
    3.8    Elect Nominee: DR B E GROTE                           For      For      Management
    3.9    Elect Nominee: DR A B HAYWARD                         For      For      Management
    3.10   Elect Nominee: MR A G INGLIS                          For      For      Management
    3.11   Elect Nominee: DR D S JULIUS                          For      For      Management
    3.12   Elect Nominee: SIR TOM MCKILLOP                       For      For      Management
    3.13   Elect Nominee: MR J A MANZONI                         For      For      Management
    3.14   Elect Nominee: DR W E MASSEY                          For      For      Management
    3.15   Elect Nominee: SIR IAN PROSSER                        For      For      Management
    3.16   Elect Nominee: MR P D SUTHERLAND                      For      For      Management
    19     Approve Appointment/Remuneration of Auditors          For      Against  Management
    20     Approve Political Donations                           For      For      Management
    21     Grant Authority to Use Electronic Communications      For      For      Management
    S22    Approve Share Buyback                                 For      For      Management
    23     Approve Share Issue                                   For      For      Management
    S24    Approve Share Issue - Disapplication of Preemptive    For      For      Management


    TNT NV -ADR
    Ticker:        TNT               Security ID:   87260W101
    Meeting Date:  04/20/2007        Meeting Type:  Annual
    Record Date:   03/21/2007

    #      Proposal                                   		Mgt Rec  Vote     Sponsor
    5      Approve Financial Statements/Reports       		For      For      Management
    6B     Approve Dividend                           		For      For      Management
    7      Discharge Directors from Liability         		For      For      Management
    8      Discharge Directors from Liability         		For      For      Management
    9      Approve Directors? Remuneration            		For      For      Management
    11.1   Elect Nominee - MR. R. DAHAN               		For      For      Management
    11.2   Elect Nominee - MR. V. HALBERSTADT         		For      For      Management
    11.3   Elect Nominee - MR. W. KOK                 		For      For      Management
    11.4   Elect Nominee - MRS. M. HARRIS             		For      For      Management
    16A    Approve Share Issue                        		For      For      Management
    16B    Approve Share Issue - Preferred Shares     		For      Against  Management
    17     Approve Share Issue - Disapplication of    		For      For      Management
    18     Approve Share Buyback                      		For      For      Management
    19     Reduce Share Capital                       		For      For      Management
    20A    Amend Conversion of Special Share          		For      For      Management
    20B    Amend Articles                             		For      For      Management

    ING GROEP NV  -ADR
    Ticker:        ING               Security ID:   456837103
    Meeting Date:  04/24/2007        Meeting Type:  Annual
    Record Date:   03/20/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    2C     Approve Financial Statements/Reports                  For      For      Management
    3B     Approve Dividend                                      For      For      Management
    4B     Approve Maximum Share Reserve Under Compensation      For      For      Management
    5B     Amend Articles                                        For      For      Management
    7A     Discharge Directors from Liability (Management)       For      For      Management
    7B     Discharge Directors from Liability (Supervisory)      For      For      Management
    9A     Appoint Managing Director                             For      For      Management
    9B     Appoint Managing Director                             For      For      Management
    10A    Appoint Supervisory Director                          For      For      Management
    10B    Appoint Supervisory Director                          For      For      Management
    10C    Appoint Supervisory Director                          For      For      Management
    10D    Appoint Supervisory Director                          For      For      Management
    10E    Appoint Supervisory Director                          For      Against  Management
    11A    Approve Share Issue                                   For      For      Management
    11B    Approve Share Issue - Preference B Shares             For      For      Management
    12A    Approve Share Buyback                                 For      For      Management
    12B    Approve Share Buyback - Preference A Shares           For      For      Management
    13     Cancellation of Depositary Receipts                   For      For      Management


    STRYKER CORP
    Ticker:        SYK               Security ID:   863667101
    Meeting Date:  04/25/2007        Meeting Type:  Annual
    Record Date:   02/28/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: John W. Brown                          For      For      Management
    1.2    Elect Nominee: Howard E. Cox, Jr.                     For      For      Management
    1.3    Elect Nominee: Donald M. Engelman                     For      For      Management
    1.4    Elect Nominee: Jerome H. Grossman                     For      For      Management
    1.5    Elect Nominee: Louise L. Francesconi                  For      For      Management
    1.6    Elect Nominee: Stephen P. MacMillan                   For      For      Management
    1.7    Elect Nominee: William U. Parfet                      For      For      Management
    1.8    Elect Nominee: Ronda E. Stryker                       For      For      Management
    2      Approve Executive Bonus Plan                          For      For      Management
    3      Ratify Appointment of Auditors - Ernst & Young LLP    For      For      Management
    4      Award Performance-Based Compensation                  Against  For      Shareholder


    WILLIS GROUP HOLDINGS LTD
    Ticker:        WSH               Security ID:   G96655108
    Meeting Date:  04/25/2007        Meeting Type:  Annual
    Record Date:   03/09/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect GORDON M. BETHUNE                               For      For      Management
    1B     Elect WILLIAM W. BRADLEY                              For      For      Management
    1C     Elect JOSEPH A. CALIFANO JR.                          For      For      Management
    1D     Elect ANNA C. CATALANO                                For      For      Management
    1E     Elect ERIC G. FRIBERG                                 For      For      Management
    1F     Elect SIR ROY GARDNER                                 For      For      Management
    1G     Elect SIR JEREMY HANLEY                               For      For      Management
    1H     Elect WENDY E. LANE                                   For      For      Management
    1I     Elect JAMES F. MCCANN                                 For      For      Management
    1J     Elect JOSEPH J. PLUMERI                               For      For      Management
    1K     Elect DOUGLAS B. ROBERTS                              For      For      Management
    2      Approve Appointment/Remuneration of Auditors          For      For      Management


    ASTRAZENECA PLC  -ADR
    Ticker:        AZN               Security ID:   046353108
    Meeting Date:  04/26/2007        Meeting Type:  Annual
    Record Date:   03/16/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Financial Statements/Reports                  For      For      Management
    2      Approve Dividend                                      For      For      Management
    3      Approve Appointment of Auditors                       For      For      Management
    4      Approve Auditors Remuneration                         For      For      Management
    5.1    Appoint Director - Louis Schweitzer                   For      For      Management
    5.2    Appoint Director - Hakan Mogren                       For      For      Management
    5.3    Appoint Director - David R. Brennan                   For      For      Management
    5.4    Appoint Director - John Patterson                     For      For      Management
    5.5    Appoint Director - Jonathan Symonds                   For      For      Management
    5.6    Appoint Director - John Buchanan                      For      For      Management
    5.7    Appoint Director - Jane Henney                        For      For      Management
    5.8    Appoint Director - Michele Hooper                     For      For      Management
    5.9    Appoint Director - Joe Jimenez                        For      For      Management
    5.10   Appoint Director - Dame Nancy Rothwell                For      For      Management
    5.11   Appoint Director - John Varley                        For      For      Management
    5.12   Appoint Director - Marcus Wallenberg                  For      For      Management
    6      Approve Remuneration Report                           For      For      Management
    7      Approve Political Donations                           For      For      Management
    8      Approve Share Issue                                   For      For      Management
    9      Approve Share Issue - Disapplication of Preemptive    For      For      Management
    10     Approve Share Buyback                                 For      For      Management
    11     Authorize Electronic Transmission of Information to   For      For      Management


    BAKER HUGHES INC
    Ticker:        BHI               Security ID:   057224107
    Meeting Date:  04/26/2007        Meeting Type:  Annual
    Record Date:   03/01/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - Larry D. Brady                        For      For      Management
    1.2    Elect Nominee - Clarence P. Cazalot Jr.               For      For      Management
    1.3    Elect Nominee - Chad C. Deaton                        For      For      Management
    1.4    Elect Nominee - Edward P. Djerejian                   For      For      Management
    1.5    Elect Nominee - Anthony G. Fernandes                  For      For      Management
    1.6    Elect Nominee - Claire W. Gargalli                    For      For      Management
    1.7    Elect Nominee - Pierre H. Jungels                     For      For      Management
    1.8    Elect Nominee - James A. Lash                         For      For      Management
    1.9    Elect Nominee - James F. McCall                       For      For      Management
    1.10   Elect Nominee - J. Larry Nichols                      For      For      Management
    1.11   Elect Nominee - H. John Riley Jr.                     For      For      Management
    1.12   Elect Nominee - Charles L. Watson                     For      For      Management
    2      Ratify Appointment of Auditors - Deloitte & Touche    For      For      Management
    3      Eliminate Supermajority Vote                          For      For      Management


    CEMEX SAB DE CV -ADR
    Ticker:        CX                Security ID:   151290889
    Meeting Date:  04/26/2007        Meeting Type:  Annual
    Record Date:   03/26/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Financial Statements/Reports                  For      Abstain  Management
    2      Approve Appropriation of Earnings/Dividend, Share     For      Abstain  Management
    3      Increase Share Capital                                For      Abstain  Management
    4      Elect Board Slate                                     For      Abstain  Management
    5      Approve Directors Remuneration                       For      Abstain  Management
    6      Appoint Delegates to Formalize Adopted Resolutions    For      Abstain  Management


    JOHNSON & JOHNSON
    Ticker:        JNJ               Security ID:   478160104
    Meeting Date:  04/26/2007        Meeting Type:  Annual
    Record Date:   02/27/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: MARY S. COLEMAN                        For      For      Management
    1.2    Elect Nominee: JAMES G. CULLEN                        For      For      Management
    1.3    Elect Nominee: MICHAEL M.E. JOHNS                     For      For      Management
    1.4    Elect Nominee: ARNOLD G. LANGBO                       For      For      Management
    1.5    Elect Nominee: SUSAN L. LINDQUIST                     For      For      Management
    1.6    Elect Nominee: LEO F. MULLIN                          For      For      Management
    1.7    Elect Nominee: CHRISTINE A. POON                      For      For      Management
    1.8    Elect Nominee: CHARLES PRINCE                         For      For      Management
    1.9    Elect Nominee: STEVEN S REINEMUND                     For      For      Management
    1.10   Elect Nominee: DAVID SATCHER                          For      For      Management
    1.11   Elect Nominee: WILLIAM C. WELDON                      For      For      Management
    2      Ratify Appointment of Auditors -                      For      Against  Management
    3      Adopt Majority Vote to Elect Directors                Against  For      Shareholder
    4      Limit Executive Compensation                          Against  Against  Shareholder


    KIMBERLY-CLARK CORP
    Ticker:        KMB               Security ID:   494368103
    Meeting Date:  04/26/2007        Meeting Type:  Annual
    Record Date:   02/26/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     James M. Jenness                                      For      For      Management
    1B     Linda Johnson Rice                                    For      For      Management
    1C     Marc J. Shapiro                                       For      For      Management
    2      Ratify Appointment of Auditors - Deloitte & Touche    For      For      Management
    3      Eliminate Classified Board                            For      For      Management
    4      Eliminate Supermajority Vote                          Against  For      Shareholder
    5      Adopt Code on Global Labor Practices/Human Rights     Against  For      Shareholder
    6      Report on Feasibility of Phasing Out Non-FSC          Against  For      Shareholder


    SUNCOR ENERGY INC
    Ticker:        SU                Security ID:   867229106
    Meeting Date:  04/26/2007        Meeting Type:  Special
    Record Date:   02/26/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - MEL E. BENSON                         For      For      Management
    1.2    Elect Nominee - BRIAN A. CANFIELD                     For      For      Management
    1.3    Elect Nominee - BRYAN P. DAVIES                       For      For      Management
    1.4    Elect Nominee - BRIAN A. FELESKY                      For      For      Management
    1.5    Elect Nominee - JOHN T. FERGUSON                      For      For      Management
    1.6    Elect Nominee - W. DOUGLAS FORD                       For      For      Management
    1.7    Elect Nominee - RICHARD L. GEORGE                     For      For      Management
    1.8    Elect Nominee - JOHN R. HUFF                          For      For      Management
    1.9    Elect Nominee - M. ANN MCCAIG                         For      For      Management
    1.10   Elect Nominee - MICHAEL W. OBRIEN                    For      For      Management
    1.11   Elect Nominee - EIRA M. THOMAS                        For      For      Management
    2      Approve Appointment of Auditors -                     For      For      Management
    3      Amend Stock Plan                                      For      For      Management
    4      Approve Stock Plan                                    For      For      Management
    5      Amend Bylaws                                          For      For      Management


    ABBOTT LABORATORIES
    Ticker:        ABT               Security ID:   002824100
    Meeting Date:  04/27/2007        Meeting Type:  Annual
    Record Date:   02/28/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: R.S. Austin                            For      For      Management
    1.2    Elect Nominee: W.M. Daley                             For      For      Management
    1.3    Elect Nominee: W.J. Farrell                           For      For      Management
    1.4    Elect Nominee: H.L. Fuller                            For      For      Management
    1.5    Elect Nominee: R.A. Gonzalez                          For      For      Management
    1.6    Elect Nominee: D.A.L. Owen                            For      For      Management
    1.7    Elect Nominee: B. Powell Jr.                          For      For      Management
    1.8    Elect Nominee: W.A. Reynolds                          For      For      Management
    1.9    Elect Nominee: R.S. Roberts                           For      For      Management
    1.10   Elect Nominee: S.C. Scott III                         For      For      Management
    1.11   Elect Nominee: W.D. Smithburg                         For      For      Management
    1.12   Elect Nominee: G.F. Tilton                            For      For      Management
    1.13   Elect Nominee: M.D. White                             For      For      Management
    2      Ratify Appointment of Auditors - Deloitte & Touche    For      For      Management
    3      Allow Advisory Vote on Executive Compensation         Against  For      Shareholder
    4      Appoint Separate/Independent Board Chair              Against  For      Shareholder


    AMERICA MOVIL SAB DE CV -ADR
    Ticker:        AMX               Security ID:   02364W105
    Meeting Date:  04/27/2007        Meeting Type:  Special
    Record Date:   04/16/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    I      Elect Board Slate                                     For      Abstain  Management
    II     Authorize Board to Act on Matters Adopted by          For      Abstain  Management


    BAXTER INTERNATIONAL INC
    Ticker:        BAX               Security ID:   071813109
    Meeting Date:  05/01/2007        Meeting Type:  Annual
    Record Date:   03/02/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     BLAKE E. DEVITT                                       For      For      Management
    1B     JOHN D. FORSYTH                                       For      For      Management
    1C     GAIL D. FOSLER                                        For      For      Management
    1D     CAROLE J. SHAPAZIAN                                   For      For      Management
    2      Ratify Appointment of Auditors -                      For      For      Management
    3      Approve 2007 Incentive Plan                           For      For      Management


    GARDNER DENVER INC
    Ticker:        GDI               Security ID:   365558105
    Meeting Date:  05/01/2007        Meeting Type:  Annual
    Record Date:   03/02/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: FRANK J. HANSEN                        For      For      Management
    1.2    Elect Nominee: THOMAS M. MCKENNA                      For      For      Management
    1.3    Elect Nominee: DIANE K. SCHUMACHER                    For      For      Management
    1.4    Elect Nominee: CHARLES L. SZEWS                       For      For      Management
    2      Add Shares/Amend Long-Term Incentive Plan             For      For      Management


    PEPSICO INC
    Ticker:        PEP               Security ID:   713448108
    Meeting Date:  05/02/2007        Meeting Type:  Annual
    Record Date:   03/09/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect: D. Dublon                                      For      For      Management
    1B     Elect: V.J. Dzau                                      For      For      Management
    1C     Elect: R.L. Hunt                                      For      For      Management
    1D     Elect: A. Ibarguen                                    For      For      Management
    1E     Elect: A.C. Martinez                                  For      For      Management
    1F     Elect: I.K. Nooyi                                     For      For      Management
    1G     Elect: S.P. Rockefeller                               For      For      Management
    1H     Elect: J.J. Schiro                                    For      For      Management
    1I     Elect: D. Vasella                                     For      For      Management
    1J     Elect: M.D. White                                     For      For      Management
    2      Ratify Appointment of Auditors - KPMG LLP             For      For      Management
    3      Approve 2007 Long-Term Incentive Plan                 For      For      Management
    4      Review/Report on Charitable Activities                Against  Against  Shareholder


    AVON PRODUCTS
    Ticker:        AVP               Security ID:   054303102
    Meeting Date:  05/03/2007        Meeting Type:  Annual
    Record Date:   03/15/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - W. DON CORNWELL                       For      For      Management
    1.2    Elect Nominee - EDWARD T. FOGARTY                     For      For      Management
    1.3    Elect Nominee - FRED HASSAN                           For      For      Management
    1.4    Elect Nominee - ANDREA JUNG                           For      For      Management
    1.5    Elect Nominee - MARIA ELENA LAGOMASINO                For      For      Management
    1.6    Elect Nominee - ANN S. MOORE                          For      For      Management
    1.7    Elect Nominee - PAUL S. PRESSLER                      For      For      Management
    1.8    Elect Nominee - GARY M. RODKIN                        For      For      Management
    1.9    Elect Nominee - PAULA STERN                           For      For      Management
    1.10   Elect Nominee - LAWRENCE A. WEINBACH                  For      For      Management
    2      Ratify Appointment of Auditors -                      For      For      Management
    3      Adopt Majority Vote to Elect Directors/Eliminate      For      Against  Management
    4      Award Pay for Superior Performance                    Against  Against  Shareholder


    BEMIS CO INC
    Ticker:        BMS               Security ID:   081437105
    Meeting Date:  05/03/2007        Meeting Type:  Annual
    Record Date:   03/09/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - NANCY P. MCDONALD                     For      For      Management
    1.2    Elect Nominee - JEFFREY H. CURLER                     For      For      Management
    1.3    Elect Nominee - ROGER D. OSHAUGHNESSY                For      For      Management
    1.4    Elect Nominee - DAVID S. HAFFNER                      For      For      Management
    2      Ratify Appointment of Auditors -                      For      For      Management
    3      Report on Pay Disparity                               Against  Against  Shareholder


    DEUTSCHE TELEKOM AG  -ADR
    Ticker:        DT                Security ID:   251566105
    Meeting Date:  05/03/2007        Meeting Type:  Annual
    Record Date:   03/28/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    2      Approve Appropriation of Earnings/Dividend            For      For      Management
    3      Ratify Board Actions - Management                     For      For      Management
    4      Ratify Board Actions - Supervisory                    For      For      Management
    5      Approve Appointment of Auditors                       For      Abstain  Management
    6      Approve Share Buyback                                 For      For      Management
    7      Reduce Share Capital                                  For      For      Management
    8      Authorize Electronic Transmission of Information with For      For      Management
    9      Appoint Supervisory Director                          For      For      Management
    10     Appoint Supervisory Director                          For      For      Management
    11     Approve Control and Profit and Loss Transfer          For      For      Management
    12     Approve Control and Profit and Loss Transfer          For      For      Management
    13     Approve Control and Profit and Loss Transfer          For      For      Management
    14     Approve Control and Profit and Loss Transfer          For      For      Management


    EMC CORP/MA
    Ticker:        EMC               Security ID:   268648102
    Meeting Date:  05/03/2007        Meeting Type:  Annual
    Record Date:   03/05/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - MICHAEL W. BROWN                      For      For      Management
    1.2    Elect Nominee - JOHN R. EGAN                          For      For      Management
    1.3    Elect Nominee - DAVID N. STROHM                       For      For      Management
    2      Ratify Appointment of Auditors -                      For      For      Management
    3      Add Shares/Amend 2003 Stock Plan                      For      For      Management
    4      Add Shares to 1989 Employee Stock Purchase Plan       For      For      Management
    5      Eliminate Classified Board                            For      For      Management
    6      Increase Independence on Audit Committee              Against  For      Shareholder
    7      Adopt Majority Vote to Elect Directors                Against  For      Shareholder
    8      Eliminate Supermajority Vote                          Against  For      Shareholder
    9      Award Pay for Superior Performance                    Against  For      Shareholder


    NOKIA CORP  -ADR
    Ticker:        NOK               Security ID:   654902204
    Meeting Date:  05/03/2007        Meeting Type:  Annual
    Record Date:   04/11/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Financial Statements/Reports                  For      For      Management
    2      Approve Dividend                                      For      For      Management
    3      Discharge Directors from Liability (Management)       For      For      Management
    4      Amend Articles                                        For      For      Management
    5      Approve Directors Remuneration                       For      For      Management
    6      Approve Board Composition                             For      For      Management
    7.1    Elect Nominee: GEORG EHRNROOTH                        For      For      Management
    7.2    Elect Nominee: LALITA D. GUPTE                        For      For      Management
    7.3    Elect Nominee: DANIEL R. HESSE                        For      For      Management
    7.4    Elect Nominee: DR. BENGT HOLMSTROM                    For      For      Management
    7.5    Elect Nominee: DR. HENNING KAGERMANN                  For      For      Management
    7.6    Elect Nominee: OLLI-PEKKA KALLASVUO                   For      For      Management
    7.7    Elect Nominee: PER KARLSSON                           For      For      Management
    7.8    Elect Nominee: JORMA OLLILA                           For      For      Management
    7.9    Elect Nominee: DAME MARJORIE SCARDINO                 For      For      Management
    7.10   Elect Nominee: KEIJO SUILA                            For      For      Management
    7.11   Elect Nominee: VESA VAINIO                            For      For      Management
    8      Approve Auditors Remuneration                         For      Against  Management
    9      Approve Appointment of Auditors                       For      Against  Management
    10     Approve Share Grants                                  For      For      Management
    11     Reduce Share Capital                                  For      For      Management
    12     Approve Subscription Price for Options                For      For      Management
    13     Approve Share Issue                                   For      For      Management
    14     Approve Share Buyback                                 For      For      Management
    15     Instruct Nokia Legal Counsel to Vote in Their         NA       Abstain  Management


    VERIZON COMMUNICATIONS INC
    Ticker:        VZ                Security ID:   92343V104
    Meeting Date:  05/03/2007        Meeting Type:  Annual
    Record Date:   03/05/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - James R. Barker                       For      For      Management
    1.2    Elect Nominee - Richard L. Carrion                    For      For      Management
    1.3    Elect Nominee - M. Frances Keeth                      For      For      Management
    1.4    Elect Nominee - Robert W. Lane                        For      For      Management
    1.5    Elect Nominee - Sandra O. Moose                       For      For      Management
    1.6    Elect Nominee - Joseph Neubauer                       For      For      Management
    1.7    Elect Nominee - Donald T. Nicolaisen                  For      For      Management
    1.8    Elect Nominee - Thomas H. OBrien                     For      For      Management
    1.9    Elect Nominee - Clarence Otis Jr.                     For      For      Management
    1.10   Elect Nominee - Hugh B. Price                         For      For      Management
    1.11   Elect Nominee - Ivan G. Seidenberg                    For      For      Management
    1.12   Elect Nominee - Walter V. Shipley                     For      For      Management
    1.13   Elect Nominee - John W. Snow                          For      For      Management
    1.14   Elect Nominee - John R. Stafford                      For      For      Management
    1.15   Elect Nominee - Robert D. Storey                      For      For      Management
    2      Ratify Appointment of Auditors - Ernst & Young LLP    For      For      Management
    3      Eliminate Stock Options                               Against  Against  Shareholder
    4      Allow Shareholder Approval of Severance Agreements    Against  For      Shareholder
    5      Review/Report on Compensation Consultant Independence Against  Against  Shareholder
    6      Allow Advisory Vote on Executive Compensation         Against  For      Shareholder
    7      Implement Limit on Outside Directorships              Against  Against  Shareholder
    8      Allow Shareholder Approval of Poison Pill             Against  Against  Shareholder
    9      Review/Report on Charitable Activities                Against  Against  Shareholder


    RYDER SYSTEM INC
    Ticker:        R                 Security ID:   783549108
    Meeting Date:  05/04/2007        Meeting Type:  Annual
    Record Date:   03/09/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - LUIS P. NIETO, JR.                    For      For      Management
    1.2    Elect Nominee - DAVID I. FUENTE                       For      For      Management
    1.3    Elect Nominee - EUGENE A. RENNA                       For      For      Management
    1.4    Elect Nominee - ABBIE J. SMITH                        For      For      Management
    1.5    Elect Nominee - CHRISTINE A. VARNEY                   For      For      Management
    2      Ratify Appointment of Auditors -                      For      For      Management


    HELIX ENERGY SOLUTIONS GROUP
    Ticker:        HLX               Security ID:   42330P107
    Meeting Date:  05/07/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - OWEN KRATZ                            For      Withhold Management
    1.2    Elect Nominee - JOHN V. LOVOI                         For      Withhold Management
    1.3    Elect Nominee - BERNARD J. DUROC-DANNER               For      Withhold Management


    CIT GROUP INC
    Ticker:        CIT               Security ID:   125581108
    Meeting Date:  05/08/2007        Meeting Type:  Annual
    Record Date:   03/19/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Jeffrey M. Peek                        For      For      Management
    1.2    Elect Nominee: Gary C. Butler                         For      For      Management
    1.3    Elect Nominee: William M. Freeman                     For      For      Management
    1.4    Elect Nominee: Susan Lyne                             For      For      Management
    1.5    Elect Nominee: Marianne Miller Parrs                  For      For      Management
    1.6    Elect Nominee: Timothy M. Ring                        For      For      Management
    1.7    Elect Nominee: John R. Ryan                           For      For      Management
    1.8    Elect Nominee: Seymour Sternberg                      For      For      Management
    1.9    Elect Nominee: Peter J. Tobin                         For      For      Management
    1.10   Elect Nominee: Lois M. Van Deusen                     For      For      Management
    2      Ratify Appointment of Auditors -                      For      For      Management


    O'REILLY AUTOMOTIVE INC
    Ticker:        ORLY              Security ID:   686091109
    Meeting Date:  05/08/2007        Meeting Type:  Annual
    Record Date:   02/28/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Lawrence P. OReilly                   For      For      Management
    1.2    Elect Nominee: Rosalie OReilly-Wooten                For      For      Management
    1.3    Elect Nominee: Joe C. Greene                          For      For      Management
    2      Ratify Appointment of Auditors - Ernst & Young LLP    For      For      Management


    AMGEN INC
    Ticker:        AMGN              Security ID:   031162100
    Meeting Date:  05/09/2007        Meeting Type:  Annual
    Record Date:   03/12/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect - MR. FRANK J. BIONDI, JR.                      For      Against  Management
    1B     Elect - MR. JERRY D. CHOATE                           For      For      Management
    1C     Elect - MR. FRANK C. HERRINGER                        For      For      Management
    1D     Elect - DR. GILBERT S. OMENN                          For      For      Management
    2      Ratify Appointment of Auditors - ERNST & YOUNG LLP    For      For      Management
    3      Eliminate Classified Board - Charter                  For      For      Management
    4      Eliminate Classified Board - Bylaws                   For      For      Management
    5A     Review/Report on Animal Welfare                       Against  For      Shareholder
    5B     Report on Sustainability                              Against  For      Shareholder


    CVS CAREMARK CORP
    Ticker:        CVS               Security ID:   126650100
    Meeting Date:  05/09/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Edwin M. Banks                                        For      For      Management
    1B     C. David Brown II                                     For      For      Management
    1C     Edwin M. Crawford                                     For      For      Management
    1D     David W. Dorman                                       For      For      Management
    1E     Kristen E. Gibney Williams                            For      For      Management
    1F     Roger L. Headrick                                     For      Against  Management
    1G     Marian L. Heard                                       For      For      Management
    1H     William H. Joyce                                      For      For      Management
    1I     Jean-Pierre Millon                                    For      For      Management
    1J     Terrence Murray                                       For      For      Management
    1K     C.A. Lance Piccolo                                    For      Against  Management
    1L     Sheli Z. Rosenberg                                    For      For      Management
    1M     Thomas M. Ryan                                        For      For      Management
    1N     Richard J. Swift                                      For      For      Management
    2      Ratify Appointment of Auditors - KPMG LLP             For      For      Management
    3      Approve 2007 Employee Stock Purchase Plan             For      For      Management
    4      Approve 2007 Incentive Plan                           For      For      Management
    5      Limit Executive Compensation                          Against  For      Shareholder
    6      Appoint Separate/Independent Board Chair              Against  For      Shareholder
    7      Report on Sustainability                              Against  For      Shareholder
    8      Review/Report on Compensation Consultant Independence Against  For      Shareholder
    9      Adopt Policy On Option Backdating                     Against  For      Shareholder


    ENTEGRIS INC
    Ticker:        ENTG              Security ID:   29362U104
    Meeting Date:  05/09/2007        Meeting Type:  Annual
    Record Date:   03/23/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - GIDEON ARGOV                          For      Withhold Management
    1.2    Elect Nominee - MICHAEL A. BRADLEY                    For      Withhold Management
    1.3    Elect Nominee - MICHAEL P.C. CARNS                    For      Withhold Management
    1.4    Elect Nominee - DANIEL W. CHRISTMAN                   For      Withhold Management
    1.5    Elect Nominee - JAMES E. DAUWALTER                    For      Withhold Management
    1.6    Elect Nominee - GARY F. KLINGL                        For      Withhold Management
    1.7    Elect Nominee - ROGER D. MCDANIEL                     For      Withhold Management
    1.8    Elect Nominee - PAUL L.H. OLSON                       For      Withhold Management
    1.9    Elect Nominee - THOMAS O. PYLE                        For      Withhold Management
    1.10   Elect Nominee - BRIAN F. SULLIVAN                     For      Withhold Management


    WINDSTREAM CORP
    Ticker:        WIN               Security ID:   97381W104
    Meeting Date:  05/09/2007        Meeting Type:  Annual
    Record Date:   03/16/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - S.E. "SANDY" BEALL, III               For      For      Management
    1.2    Elect Nominee - DENNIS E. FOSTER                      For      For      Management
    1.3    Elect Nominee - FRANCIS X. FRANTZ                     For      For      Management
    1.4    Elect Nominee - JEFFERY R. GARDNER                    For      For      Management
    1.5    Elect Nominee - JEFFREY T. HINSON                     For      For      Management
    1.6    Elect Nominee - JUDY K. JONES                         For      For      Management
    1.7    Elect Nominee - WILLIAM A. MONTGOMERY                 For      For      Management
    1.8    Elect Nominee - FRANK E. REED                         For      For      Management
    2      Approve Performance Incentive Plan                    For      For      Management
    3      Ratify Appointment of Auditors -                      For      For      Management
    4      Adopt Holding Period/Retention Ratio                  Against  Against  Shareholder


    CHICAGO BRIDGE & IRON CO
    Ticker:        CBI               Security ID:   167250109
    Meeting Date:  05/10/2007        Meeting Type:  Annual
    Record Date:   04/02/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Appoint Supervisory Director  - For = J. Ballengee;   For      For      Management
    1B     Appoint Supervisory Director - For = M. Underwood;    For      For      Management
    2      Approve Financial Statements/Reports                  For      For      Management
    3      Discharge Directors from Liability (Management)       For      For      Management
    4      Discharge Directors from Liability (Supervisory)      For      For      Management
    5      Approve Dividend                                      For      For      Management
    6      Approve Share Buyback                                 For      For      Management
    7      Approve Share Issue                                   For      For      Management
    8      Approve Appointment of Auditors                       For      For      Management


    LINCOLN NATIONAL CORP
    Ticker:        LNC               Security ID:   534187109
    Meeting Date:  05/10/2007        Meeting Type:  Annual
    Record Date:   03/05/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - WILLIAM J. AVERY                      For      For      Management
    1.2    Elect Nominee - WILLIAM H. CUNNINGHAM                 For      For      Management
    1.3    Elect Nominee - WILLIAM P. PAYNE                      For      For      Management
    1.4    Elect Nominee - PATRICK S. PITTARD                    For      For      Management
    1.5    Elect Nominee - JILL S. RUCKELSHAUS                   For      For      Management
    2      Ratify Appointment of Auditors - ERNST & YOUNG LLP    For      For      Management
    3      Add Shares/Amend Incentive Compensation Plan          For      For      Management
    4      Approve Stock Option Plan for Non-Employee Directors  For      For      Management


    VEOLIA ENVIRONNEMENT  -ADR
    Ticker:        VE                Security ID:   92334N103
    Meeting Date:  05/10/2007        Meeting Type:  Annual
    Record Date:   04/03/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    O1     Approve Financial Statements/Reports                  For      For      Management
    O2     Approve Financial Statements/Reports                  For      For      Management
    O3     Approve Non-Deductible Expenses and Charges           For      For      Management
    O4     Approve Appropriation of Earnings/Dividend            For      For      Management
    O5     Approve Regulated Agreements and Undertakings         For      For      Management
    O6     Appoint Director - Mr. Paolo Scaroni                  For      Against  Management
    O7     Appoint Director - Mr. Augustin De Romanet De Beaune  For      Against  Management
    O8     Approve Appointment of Auditors                       For      Against  Management
    O9     Approve Appointment of Statutory Auditor              For      Against  Management
    O10    Approve Trading in Companys Securities               For      For      Management
    E11    Add Shares to Stock Plan                              For      For      Management
    E12    Approve Share Issue - Disapplication of Preemptive    For      For      Management
    E13    Approve Share Grants                                  For      For      Management
    E14    Amend Articles                                        For      For      Management
    E15    Approve Poison Pill                                   For      For      Management
    E16    Authorize Board to Act During Takeover Bid            For      For      Management
    17     Authorize Other Formalities                           For      For      Management


    ALLTEL CORP
    Ticker:        AT                Security ID:   020039103
    Meeting Date:  05/15/2007        Meeting Type:  Annual
    Record Date:   04/11/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Scott T. Ford                          For      For      Management
    1.2    Elect Nominee: Lawrence L. Gellerstedt, III           For      For      Management
    1.3    Elect Nominee: Emon A. Mahony, Jr.                    For      For      Management
    1.4    Elect Nominee: Ronald Townsend                        For      For      Management
    2      Ratify Appointment of Auditors -                      For      For      Management


    DENTSPLY INTERNATL INC
    Ticker:        XRAY              Security ID:   249030107
    Meeting Date:  05/15/2007        Meeting Type:  Annual
    Record Date:   03/27/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Paula H. Cholmondeley                  For      For      Management
    1.2    Elect Nominee: Michael J. Coleman                     For      For      Management
    1.3    Elect Nominee: John C. Miles II                       For      For      Management
    1.4    Elect Nominee: W. Keith Smith                         For      For      Management
    2      Ratify Appointment of Auditors -                      For      For      Management
    3      Amend 2002 Amended and Restated Equity Incentive Plan For      For      Management


    HOSPITALITY PROPERTIES TRUST
    Ticker:        HPT               Security ID:   44106M102
    Meeting Date:  05/15/2007        Meeting Type:  Annual
    Record Date:   03/20/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - WILLIAM A. LAMKIN                     For      Withhold Management
    2      Amend Charter - Shareholder Vote Requirements         For      Against  Management
    3      Amend Charter - Shareholder Vote Requirements         For      Against  Management
    4      Authorize Board to Effect Stock Splits                For      Abstain  Management
    5      Amend Charter - Require Shareholder Reimbursement if  For      Against  Management
    6      Approve Adjournment of Meeting                        For      For      Management


    QUESTAR CORP
    Ticker:        STR               Security ID:   748356102
    Meeting Date:  05/15/2007        Meeting Type:  Annual
    Record Date:   03/19/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: TERESA BECK                            For      For      Management
    1.2    Elect Nominee: R.D. CASH                              For      For      Management
    1.3    Elect Nominee: ROBERT E. MCKEE                        For      For      Management
    1.4    Elect Nominee: GARY G. MICHAEL                        For      For      Management
    1.5    Elect Nominee: CHARLES B. STANLEY                     For      For      Management


    CORN PRODUCTS INTL INC
    Ticker:        CPO               Security ID:   219023108
    Meeting Date:  05/16/2007        Meeting Type:  Annual
    Record Date:   03/20/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - KAREN L. HENDRICKS                    For      For      Management
    1.2    Elect Nominee - BERNARD H. KASTORY                    For      For      Management
    1.3    Elect Nominee - BARBARA A. KLEIN                      For      For      Management
    1.4    Elect Nominee - SAMUEL C. SCOTT III                   For      For      Management
    2      Ratify Appointment of Auditors - KPMG LLP             For      For      Management


    INTEL CORP
    Ticker:        INTC              Security ID:   458140100
    Meeting Date:  05/16/2007        Meeting Type:  Annual
    Record Date:   03/19/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect  - CRAIG R. BARRETT                             For      For      Management
    1B     Elect  - CHARLENE BARSHEFSKY                          For      For      Management
    1C     Elect  - SUSAN L. DECKER                              For      For      Management
    1D     Elect  - D. JAMES GUZY                                For      For      Management
    1E     Elect  - REED E. HUNDT                                For      For      Management
    1F     Elect - PAUL S. OTELLINI                              For      For      Management
    1G     Elect  - JAMES D. PLUMMER                             For      For      Management
    1H     Elect - DAVID S. POTTRUCK                             For      For      Management
    1I     Elect  - JANE E. SHAW                                 For      For      Management
    1J     Elect  - JOHN L. THORNTON                             For      For      Management
    1K     Elect - DAVID B. YOFFIE                               For      For      Management
    2      Ratify Appointment of Auditors - ERNST & YOUNG LLP    For      For      Management
    3      Add Shares/Amend 2006 Equity Incentive Plan           For      For      Management
    4      Approve 2007 Executive Officer Incentive Plan         For      For      Management
    5      Limit Executive Compensation                          Against  Against  Shareholder


    WILLIAMS-SONOMA INC
    Ticker:        WSM               Security ID:   969904101
    Meeting Date:  05/16/2007        Meeting Type:  Annual
    Record Date:   03/19/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: W. Howard Lester                       For      Withhold Management
    1.2    Elect Nominee: Adrian D.P. Bellamy                    For      Withhold Management
    1.3    Elect Nominee: Patrick J. Connolly                    For      Withhold Management
    1.4    Elect Nominee: Adrian T. Dillon                       For      Withhold Management
    1.5    Elect Nominee: Anthony A. Greener                     For      Withhold Management
    1.6    Elect Nominee: Michael R. Lynch                       For      Withhold Management
    1.7    Elect Nominee: Richard T. Robertson                   For      Withhold Management
    1.8    Elect Nominee: David B. Zenoff                        For      Withhold Management
    2      Ratify Appointment of Auditors - Deloitte & Touche    For      For      Management


    SLM CORP
    Ticker:        SLM               Security ID:   78442P106
    Meeting Date:  05/17/2007        Meeting Type:  Annual
    Record Date:   03/19/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Ann Torre Bates                        For      Withhold Management
    1.2    Elect Nominee: Charles L. Daley                       For      Withhold Management
    1.3    Elect Nominee: William M. Diefenderfer, III           For      Withhold Management
    1.4    Elect Nominee: Thomas J. Fitzpatrick                  For      Withhold Management
    1.5    Elect Nominee: Diane Suitt Gilleland                  For      Withhold Management
    1.6    Elect Nominee: Earl A. Goode                          For      Withhold Management
    1.7    Elect Nominee: Ronald F. Hunt                         For      Withhold Management
    1.8    Elect Nominee: Benjamin J. Lambert, III               For      Withhold Management
    1.9    Elect Nominee: Albert L. Lord                         For      Withhold Management
    1.10   Elect Nominee: Barry A. Munitz                        For      Withhold Management
    1.11   Elect Nominee: A. Alexander Porter, Jr.               For      Withhold Management
    1.12   Elect Nominee: Wolfgang Schoellkopf                   For      Withhold Management
    1.13   Elect Nominee: Steven L. Shapiro                      For      Withhold Management
    1.14   Elect Nominee: Barry L. Williams                      For      Withhold Management
    2      Ratify Appointment of Auditors -                      For      For      Management


    SEALED AIR CORP
    Ticker:        SEE               Security ID:   81211K100
    Meeting Date:  05/18/2007        Meeting Type:  Annual
    Record Date:   03/27/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Elect HANK BROWN                                      For      For      Management
    2      Elect MICHAEL CHU                                     For      For      Management
    3      Elect LAWRENCE R. CODEY                               For      For      Management
    4      Elect T.J. DERMOT DUNPHY                              For      For      Management
    5      Elect CHARLES F. FARRELL, JR.                         For      For      Management
    6      Elect WILLIAM V. HICKEY                               For      For      Management
    7      Elect JACQUELINE B. KOSECOFF                          For      For      Management
    8      Elect KENNETH P. MANNING                              For      For      Management
    9      Elect  WILLIAM J. MARINO                              For      For      Management
    10     Ratify Appointment of Auditors - KPMG LLP             For      For      Management


    TIME WARNER INC
    Ticker:        TWX               Security ID:   887317105
    Meeting Date:  05/18/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: James L. Barksdale                     For      For      Management
    1.2    Elect Nominee: Jeffrey L. Bewkes                      For      For      Management
    1.3    Elect Nominee: Stephen F. Bollenbach                  For      For      Management
    1.4    Elect Nominee: Frank J. Caufield                      For      For      Management
    1.5    Elect Nominee: Robert C. Clark                        For      For      Management
    1.6    Elect Nominee: Mathias Dopfner                        For      For      Management
    1.7    Elect Nominee: Jessica P. Einhorn                     For      For      Management
    1.8    Elect Nominee: Reuben Mark                            For      For      Management
    1.9    Elect Nominee: Michael A. Miles                       For      For      Management
    1.10   Elect Nominee: Kenneth J. Novack                      For      For      Management
    1.11   Elect Nominee: Richard D. Parsons                     For      For      Management
    1.12   Elect Nominee: Francis T. Vincent, Jr.                For      For      Management
    1.13   Elect Nominee: Deborah C. Wright                      For      For      Management
    2      Ratify Appointment of Auditors - Ernst & Young LLP    For      For      Management
    3      Eliminate Supermajority Vote                          For      For      Management
    4      Allow Advisory Vote on Executive Compensation         Against  For      Shareholder
    5      Appoint Separate/Independent Board Chair              Against  For      Shareholder
    6      Eliminate Supermajority Vote                          Against  For      Shareholder
    7      Allow Shareholders to Call Special Meeting            Against  For      Shareholder
    8      Allow Approval of Director Pay If Poison Pill         Against  For      Shareholder
	   Is Adopted Without A Shareholder Vote


    ENSCO INTERNATIONAL INC
    Ticker:        ESV               Security ID:   26874Q100
    Meeting Date:  05/22/2007        Meeting Type:  Annual
    Record Date:   03/26/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect: DAVID M. CARMICHAEL                            For      For      Management
    1B     Elect: THOMAS L. KELLY II                             For      For      Management
    1C     Elect: RITA M. RODRIGUEZ                              For      For      Management
    2      Ratify Appointment of Auditors - KPMG LLP             For      For      Management
    3      Approve Other Business                                For      Abstain  Management


    OMNICOM GROUP
    Ticker:        OMC               Security ID:   681919106
    Meeting Date:  05/22/2007        Meeting Type:  Annual
    Record Date:   04/05/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - JOHN D. WREN                          For      For      Management
    1.2    Elect Nominee - BRUCE CRAWFORD                        For      For      Management
    1.3    Elect Nominee - ROBERT CHARLES CLARK                  For      For      Management
    1.4    Elect Nominee - LEONARD S. COLEMAN, JR.               For      For      Management
    1.5    Elect Nominee - ERROL M. COOK                         For      For      Management
    1.6    Elect Nominee - SUSAN S. DENISON                      For      For      Management
    1.7    Elect Nominee - MICHAEL A. HENNING                    For      For      Management
    1.8    Elect Nominee - JOHN R. MURPHY                        For      For      Management
    1.9    Elect Nominee - JOHN R. PURCELL                       For      For      Management
    1.10   Elect Nominee - LINDA JOHNSON RICE                    For      For      Management
    1.11   Elect Nominee - GARY L. ROUBOS                        For      For      Management
    2      Ratify Appointment of Auditors - KPMG LLP             For      For      Management
    3      Approve 2007 Incentive Award Plan                     For      For      Management


    FISERV INC
    Ticker:        FISV              Security ID:   337738108
    Meeting Date:  05/23/2007        Meeting Type:  Annual
    Record Date:   03/20/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - K.M. ROBAK                            For      For      Management
    1.2    Elect Nominee - T.C. WERTHEIMER                       For      For      Management
    2      Adopt Majority Vote to Elect Directors                For      For      Management
    3      Approve 2007 Omnibus Incentive Plan                   For      For      Management
    4      Ratify Appointment of Auditors - DELOITTE & TOUCHE    For      For      Management


    GLAXOSMITHKLINE PLC  -ADR
    Ticker:        GSK               Security ID:   37733W105
    Meeting Date:  05/23/2007        Meeting Type:  Annual
    Record Date:   03/16/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    O1     Approve Financial Statements/Reports                  For      For      Management
    O2     Approve Remuneration Report                           For      For      Management
    O3     Elect Nominee - DANIEL PODOLSKY                       For      For      Management
    O4     Elect Nominee - DR STEPHANIE BURNS                    For      For      Management
    O5     Elect Nominee - MR JULIAN HESLOP                      For      For      Management
    O6     Elect Nominee - SIR DERYCK MAUGHAN                    For      For      Management
    O7     Elect Nominee - DR RONALDO SCHMITZ                    For      For      Management
    O8     Elect Nominee - SIR ROBERT WILSON                     For      For      Management
    O9     Approve Appointment of Auditors                       For      For      Management
    O10    Approve Auditors Remuneration                         For      For      Management
    S11    Approve Political Donations                           For      For      Management
    S12    Approve Share Issue                                   For      For      Management
    S13    Approve Share Issue - Disapplication of Preemptive    For      For      Management
    S14    Approve Share Buyback                                 For      For      Management
    S15    Amend Articles                                        For      For      Management


    AQUA AMERICA INC
    Ticker:        WTR               Security ID:   03836W103
    Meeting Date:  05/24/2007        Meeting Type:  Annual
    Record Date:   04/02/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: William P. Hankowsky                   For      For      Management
    1.2    Elect Nominee: Richard L. Smoot                       For      For      Management
    1.3    Elect Nominee: Andrew J. Sordoni, III                 For      For      Management


    DONNELLEY (R R) & SONS CO
    Ticker:        RRD               Security ID:   257867101
    Meeting Date:  05/24/2007        Meeting Type:  Annual
    Record Date:   04/05/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect - THOMAS J. QUINLAN III                         For      For      Management
    1B     Elect - OLIVER R. SOCKWELL                            For      For      Management
    1C     Elect - STEPHEN M. WOLF                               For      For      Management
    2      Ratify Appointment of Auditors - DELOITTE & TOUCHE    For      For      Management
    3      Eliminate Classified Board                            For      For      Management
    4      Eliminate Supermajority Vote for Mergers,             For      For      Management
    5      Adopt UN Global Compact Sustainablilty Policies       Against  For      Shareholder
    6      Eliminate Classified Board                            Against  For      Shareholder


    LAMAR ADVERTISING CO  -CL A
    Ticker:        LAMR              Security ID:   512815101
    Meeting Date:  05/24/2007        Meeting Type:  Annual
    Record Date:   04/02/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: John Maxwell Hamilton                  For      For      Management
    1.2    Elect Nominee: Robert M. Jelenic                      For      For      Management
    1.3    Elect Nominee: Stephen P. Mumblow                     For      For      Management
    1.4    Elect Nominee: Thomas V. Reifenheiser                 For      For      Management
    1.5    Elect Nominee: Anna Reilly                            For      For      Management
    1.6    Elect Nominee: Kevin P. Reilly, Jr.                   For      For      Management
    1.7    Elect Nominee: Wendell Reilly                         For      For      Management
    2      Ratify Appointment of Auditors - KPMG LLP             For      For      Management


    LOWE'S COMPANIES INC
    Ticker:        LOW               Security ID:   548661107
    Meeting Date:  05/25/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - DAVID W. BERNAUER                     For      For      Management
    1.2    Elect Nominee - LEONARD L. BERRY                      For      For      Management
    1.3    Elect Nominee - DAWN E. HUDSON                        For      For      Management
    1.4    Elect Nominee - ROBERT A. NIBLOCK                     For      For      Management
    2      Add Shares to Employee Stock Purchase Plan            For      For      Management
    3      Ratify Appointment of Auditors - DELOITTE & TOUCHE    For      For      Management
    4      Implement Stock Ownership Guidelines                  Against  Against  Shareholder
    5      Report on Wood Procurement                            Against  For      Shareholder
    6      Eliminate Classified Board                            Against  For      Shareholder
    7      Allow Shareholder Approval of Severance Agreements    Against  For      Shareholder
    8      Award Pay for Superior Performance                    Against  For      Shareholder


    NATL BANK GREECE SA  -ADR
    Ticker:        NBG               Security ID:   633643408
    Meeting Date:  05/25/2007        Meeting Type:  Annual
    Record Date:   05/10/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Financial Statements/Reports                  For      For      Management
    2      Approve Appropriation of Earnings/Dividend            For      For      Management
    3      Discharge Directors from Liability (Management)       For      Abstain  Management
    4      Approve Directors Remuneration                       For      Against  Management
    5      Authorize Employees To Serve On Boards And 	 	 For      For      Management
	   Management Of Other Companies
    6      Approve Share Buyback                                 For      Abstain  Management
    7      Amend Articles - Capital Increase                     For      Abstain  Management
    8      Approve Stock Plan                                    For      Against  Management
    9      Approve Share Grants                                  For      Against  Management
    10     Approve Asset Sale - Warehousing Business             For      Abstain  Management
    11     Ratification of Replacement Directors		 For      Abstain  Management
    12     Election of the Board of Directors			 For      Abstain  Management
    13     Approve Appointment/Remuneration of Auditors          For      Abstain  Management
    14     Approve Other Business - Voting Cut-Off Date:         For      Abstain  Management


    WEATHERFORD INTL LTD
    Ticker:        WFT               Security ID:   G95089101
    Meeting Date:  05/30/2007        Meeting Type:  Annual
    Record Date:   04/09/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect: Nicholas F. Brady                              For      Against  Management
    1B     Elect: William E. Macaulay                            For      Against  Management
    1C     Elect: David J. Butters                               For      Against  Management
    1D     Elect: Robert B. Millard                              For      Against  Management
    1E     Elect: Bernard J. Duroc-Danner                        For      Against  Management
    1F     Elect: Robert K. Moses, Jr.                           For      Against  Management
    1G     Elect: Sheldon B. Lubar                               For      Against  Management
    1H     Elect: Robert A. Rayne                                For      Against  Management
    2      Ratify Appointment of Auditors - Ernst & Young LLP    For      For      Management


    SENOMYX INC
    Ticker:        SNMX              Security ID:   81724Q107
    Meeting Date:  05/31/2007        Meeting Type:  Annual
    Record Date:   04/11/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - STEPHEN A. BLOCK, ESQ.                For      Withhold Management
    1.2    Elect Nominee - MICHAEL E. HERMAN                     For      Withhold Management
    1.3    Elect Nominee - MARK LESCHLY                          For      Withhold Management
    1.4    Elect Nominee - DENNIS F. OBRIEN                     For      Withhold Management
    1.5    Elect Nominee - JAY M. SHORT, PH.D.                   For      Withhold Management
    1.6    Elect Nominee - KENT SNYDER                           For      Withhold Management
    1.7    Elect Nominee - CHRISTOPHER J. TWOMEY                 For      Withhold Management
    2      Ratify Appointment of Auditors - ERNST & YOUNG LLP    For      For      Management


    STAPLES INC
    Ticker:        SPLS              Security ID:   855030102
    Meeting Date:  06/11/2007        Meeting Type:  Annual
    Record Date:   04/17/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Basil L. Anderson                      For      For      Management
    1.2    Elect Nominee: Arthur M. Blank                        For      Withhold Management
    1.3    Elect Nominee: Mary Elizabeth Burton                  For      For      Management
    1.4    Elect Nominee: Gary L. Crittenden                     For      For      Management
    1.5    Elect Nominee: Rowland T. Moriarty                    For      For      Management
    1.6    Elect Nominee: Robert C. Nakasone                     For      For      Management
    1.7    Elect Nominee: Ronald L. Sargent                      For      For      Management
    1.8    Elect Nominee: Martin Trust                           For      For      Management
    1.9    Elect Nominee: Vijay Vishwanath                       For      For      Management
    1.10   Elect Nominee: Paul F. Walsh                          For      For      Management
    2      Adopt Majority Vote to Elect Directors                For      For      Management
    3      Ratify Appointment of Auditors - Ernst & Young LLP    For      For      Management
    4      Eliminate Supermajority Vote                          Against  For      Shareholder


    UTI WORLDWIDE INC
    Ticker:        UTIW              Security ID:   G87210103
    Meeting Date:  06/11/2007        Meeting Type:  Annual
    Record Date:   05/09/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Appoint Director - C. John Langley Jr.                For      Withhold Management
    1.2    Appoint Director - Allan Rosenzweig                   For      Withhold Management
    2      Approve Appointment of Auditors                       For      For      Management


    PHILIPPINE LONG DISTANCE-ADR
    Ticker:        PHI               Security ID:   718252604
    Meeting Date:  06/12/2007        Meeting Type:  Annual
    Record Date:   05/10/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Financial Statements/Reports                  For      For      Management
    2.1    Appoint Director - Rev. Fr. B.F. Nebres S.J.          For      Withhold Management
    2.2    Appoint Director - Mr. Oscar S. Reyes                 For      Withhold Management
    2.3    Appoint Director - Mr. Pedro E. Roxas                 For      Withhold Management
    2.4    Appoint Director - Mr. Alfred Vy Ty                   For      Withhold Management
    2.5    Appoint Director - Ms. Helen Y. Dee                   For      Withhold Management
    2.6    Appoint Director - Atty. Ray C. Espinosa              For      Withhold Management
    2.7    Appoint Director - Mr. Tsuyoshi Kawashima             For      Withhold Management
    2.8    Appoint Director - Mr. Tatsu Kono                     For      Withhold Management
    2.9    Appoint Director - Mr. Napoleon L. Nazareno           For      Withhold Management
    2.10   Appoint Director - Mr. Manuel V. Pangilinan           For      Withhold Management
    2.11   Appoint Director - Ms. Corazon S. De La Paz           For      Withhold Management
    2.12   Appoint Director - Atty. Ma L.C. Rausa-Chan           For      Withhold Management
    2.13   Appoint Director - Mr. Albert F. Del Rosario          For      Withhold Management


    YAHOO INC
    Ticker:        YHOO              Security ID:   984332106
    Meeting Date:  06/12/2007        Meeting Type:  Annual
    Record Date:   04/16/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect: Terry S. Semel                                 For      Against  Management
    1B     Elect: Jerry Yang                                     For      Against  Management
    1C     Elect: Roy J. Bostock                                 For      Against  Management
    1D     Elect: Ronald W. Burkle                               For      Against  Management
    1E     Elect: Eric Hippeau                                   For      Against  Management
    1F     Elect: Vyomesh Joshi                                  For      Against  Management
    1G     Elect: Arthur H. Kern                                 For      Against  Management
    1H     Elect: Robert A. Kotick                               For      Against  Management
    1I     Elect: Edward R. Kozel                                For      Against  Management
    1J     Elect: Gary L. Wilson                                 For      Against  Management
    2      Add Shares/Amend 1995 Stock Plan                      For      Against  Management
    3      Add Shares to 1996 Employee Stock Purchase Plan       For      For      Management
    4      Ratify Appointment of Auditors -                      For      For      Management
    5      Award Pay for Superior Performance                    Against  For      Shareholder
    6      Adopt Anti-Internet Censorship Policy                 Against  For      Shareholder
    7      Establish Human Rights Committee                      Against  For      Shareholder


    BANCO BILBAO VIZCAYA  -ADR
    Ticker:        BBV               Security ID:   05946K101
    Meeting Date:  06/21/2007        Meeting Type:  Special
    Record Date:   05/25/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Merger/Acquisition                            For      For      Management
    2      Authorize Board to Act on Matters Adopted by          For      For      Management


    HONDA MOTOR LTD  -AM SHARES
    Ticker:        HMC               Security ID:   438128308
    Meeting Date:  06/22/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Appropriation of Earnings/Dividend            For      For      Management
    2      Approve Partial Amendment of Articles                 For      For      Management
    3.1    Elect Nominee: Takeo Fukui                            For      Withhold Management
    3.2    Elect Nominee: Satoshi Aoki                           For      Withhold Management
    3.3    Elect Nominee: Minoru Harada                          For      Withhold Management
    3.4    Elect Nominee: Atsuyoshi Hyogo                        For      Withhold Management
    3.5    Elect Nominee: Satoshi Toshida                        For      Withhold Management
    3.6    Elect Nominee: Koki Hirashima                         For      Withhold Management
    3.7    Elect Nominee: Koichi Kondo                           For      Withhold Management
    3.8    Elect Nominee: Mikio Yoshimi                          For      Withhold Management
    3.9    Elect Nominee: Toru Onda                              For      Withhold Management
    3.10   Elect Nominee: Akira Takano                           For      Withhold Management
    3.11   Elect Nominee: Shigeru Takagi                         For      Withhold Management
    3.12   Elect Nominee: Tetsuo Iwamura                         For      Withhold Management
    3.13   Elect Nominee: Tatsuhiro Oyama                        For      Withhold Management
    3.14   Elect Nominee: Satoru Kishi                           For      Withhold Management
    3.15   Elect Nominee: Kensaku Hogen                          For      Withhold Management
    3.16   Elect Nominee: Hiroyuki Yoshino                       For      Withhold Management
    3.17   Elect Nominee: Fumihiko Ike                           For      Withhold Management
    3.18   Elect Nominee: Takanobu Ito                           For      Withhold Management
    3.19   Elect Nominee: Masaaki Kato                           For      Withhold Management
    3.20   Elect Nominee: Sho Minekawa                           For      Withhold Management
    4A     Approve Appointment of Corporate Auditor - Koukei     For      Against  Management
    4B     Approve Appointment of Corporate Auditor - Yuji       For      Against  Management
    5      Approve Bonus to Directors and Corporate Auditors     For      Against  Management
    6      Award Retirement Bonus to Retiring Directors          For      Against  Management


    TOYOTA MOTOR CORP  -ADR
    Ticker:        TM                Security ID:   892331307
    Meeting Date:  06/22/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Appropriation of Earnings/Dividend            For      For      Management
    2      Elect Board Slate                                     For      Against  Management
    3      Approve Appointment of Corporate Auditors             For      For      Management
    4      Approve Appointment of Accounting Auditor             For      Against  Management
    5      Approve Issuance of Stock Acquisition Rights as Stock For      For      Management
    6      Approve Share Buyback                                 For      For      Management
    7      Approve Bonus to Corporate Auditors                   For      Against  Management
    8      Approve Executive Bonuses                             For      Against  Management


    NOMURA HOLDINGS INC  -ADR
    Ticker:        NMR               Security ID:   65535H208
    Meeting Date:  06/27/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Partial Amendment of Articles                 For      For      Management
    2A     Elect JUNICHI UJIIE                                   For      Against  Management
    2B     Elect NOBUYUKI KOGA                                   For      Against  Management
    2C     Elect HIROSHI TODA                                    For      Against  Management
    2D     Elect KAZUTOSHI INANO                                 For      Against  Management
    2E     Elect YUKIO SUZUKI                                    For      Against  Management
    2F     Elect MASAHARU SHIBATA                                For      Against  Management
    2G     Elect HIDEAKI KUBORI                                  For      Against  Management
    2H     Elect HARUO TSUJI                                     For      Against  Management
    2I     Elect FUMIHIDE NOMURA                                 For      Against  Management
    2J     Elect KOJI TAJIKA                                     For      Against  Management
    2K     Elect MASANORI ITATANI                                For      Against  Management
    3      Approve Issuance of Stock Acquisition Rights as Stock For      For      Management


    GAMESTOP CORP
    Ticker:        GME               Security ID:   36467W109
    Meeting Date:  06/28/2007        Meeting Type:  Annual
    Record Date:   05/04/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: R. Richard Fontaine                    For      For      Management
    1.2    Elect Nominee: Jerome L. Davis                        For      Withhold Management
    1.3    Elect Nominee: Stephanie M. Shern                     For      For      Management
    1.4    Elect Nominee: Steven R. Koonin                       For      For      Management
    2      Add Shares/Amend 2001 Incentive Plan                  For      For      Management
    3      Ratify Appointment of Auditors - BDO Seidman, LLP     For      For      Management


    MITSUBISHI UFJ FINL GP -ADR
    Ticker:        MTU               Security ID:   606822104
    Meeting Date:  06/28/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Appropriation of Earnings/Dividend            For      For      Management
    2      Approve Partial Amendment of Articles                 For      For      Management
    3      Elect Board Slate                                     For      Against  Management
    4      Approve Appointment of Corporate Auditor              For      Against  Management
    5      Award Retirement Bonus to Retiring Directors and      For      Against  Management
    6      Approve Directors Remuneration                       For      For      Management




    ============================= PAX WORLD GROWTH FUND ===============================

    CEMEX S.A.B. DE C.V.
    Ticker:        CX                Security ID:   151290889
    Meeting Date:  08/31/2006        Meeting Type:  Special
    Record Date:   08/10/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      PRESENTATION, DISCUSSION AND APPROVAL OF THE PROJECT  For      For      Management
           THAT MODIFIES THE ISSUANCE DEED OF THE ORDINARY
           PARTICIPATION CERTIFICATES DENOMINATED  CEMEX.CPO ,
           AS WELL AS THE TRUST AGREEMENT NUMBER 111033-9


    NETWORK APPLIANCE, INC.
    Ticker:        NTAP              Security ID:   64120L104
    Meeting Date:  08/31/2006        Meeting Type:  Annual
    Record Date:   07/05/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Director Daniel J. Warmenhoven                  For      For      Management
    1.2    Elect Director Donald T. Valentine                    For      For      Management
    1.3    Elect Director Jeffry R. Allen                        For      For      Management
    1.4    Elect Director Carol A. Bartz                         For      For      Management
    1.5    Elect Director Alan L. Earhart                        For      For      Management
    1.6    Elect Director Edward Kozel                           For      For      Management
    1.7    Elect Director Mark Leslie                            For      For      Management
    1.8    Elect Director Nicholas G. Moore                      For      For      Management
    1.9    Elect Director George T. Shaheen                      For      For      Management
    1.10   Elect Director Robert T. Wall                         For      For      Management
    2      Amend Omnibus Stock Plan                              For      For      Management
    3      Amend Omnibus Stock Plan                              For      For      Management
    4      Amend Qualified Employee Stock Purchase Plan          For      For      Management
    5      Ratify Auditors                                       For      For      Management


    CEMEX S.A.B. DE C.V.
    Ticker:        CX                Security ID:   151290889
    Meeting Date:  12/07/2006        Meeting Type:  Annual
    Record Date:   11/08/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      CONSIDERATION AND, IF APPLICABLE, AUTHORIZATION OF A  For      For      Management
           TRANSACTION, AFTER HEARING A REPORT BY THE CHIEF


    AMERICA MOVIL SA DE CV
    Ticker:        AMX               Security ID:   02364W105
    Meeting Date:  12/13/2006        Meeting Type:  Special
    Record Date:   11/28/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Ratify Members of the Board of Directors that Were    For      For      Management
    2      Designate Inspector or Shareholder Representative(s)  For      For      Management


    WHOLE FOODS MARKET INC
    Ticker:        WFMI              Security ID:   966837106
    Meeting Date:  03/05/2007        Meeting Type:  Annual
    Record Date:   01/08/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: DAVID W. DUPREE                        For      For      Management
    1.2    Elect Nominee: DR. JOHN B. ELSTROTT                   For      For      Management
    1.3    Elect Nominee: GABRIELLE E. GREENE                    For      For      Management
    1.4    Elect Nominee: HASS HASSAN                            For      For      Management
    1.5    Elect Nominee: JOHN P. MACKEY                         For      For      Management
    1.6    Elect Nominee: LINDA A. MASON                         For      For      Management
    1.7    Elect Nominee: MORRIS J. SIEGEL                       For      For      Management
    1.8    Elect Nominee: DR. RALPH Z. SORENSON                  For      For      Management
    2      Ratify Appointment of Auditors - Ernst & Young LLP    For      For      Management
    3      Approve 2007 Stock Incentive Plan                     For      For      Management
    4      Approve 2007 TEAM MEMBER STOCK PURCHASE PLAN          For      For      Management
    5      Report on Environmental Matters                       Against  For      Shareholder
    6      Appoint Separate/Independent Board Chair              Against  For      Shareholder


    CVS CORP
    Ticker:        CVS               Security ID:   126650100
    Meeting Date:  03/15/2007        Meeting Type:  Special
    Record Date:   01/19/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Increase Common Stock                                 For      For      Management
    2      Approve Stock Issuance to Complete Merger             For      For      Management
    3      Approve Adjournment of Meeting                        For      For      Management


    CANON INC  -ADR
    Ticker:        CAJ               Security ID:   138006309
    Meeting Date:  03/29/2007        Meeting Type:  Annual
    Record Date:   12/28/2006

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Appropriation of Earnings/Dividend            For      For      Management
    2      Approve Articles - New Commercial Code/Business Lines For      For      Management
    3      Elect Board Slate                                     For      For      Management
    4      Approve Appointment of Auditors                       For      For      Management
    5      Award Retirement Bonus to Retiring Directors          For      For      Management
    6      Approve Bonus to Directors                            For      For      Management


    BANK OF AMERICA CORP
    Ticker:        BAC               Security ID:   060505104
    Meeting Date:  04/25/2007        Meeting Type:  Annual
    Record Date:   03/02/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - William Barnet III                    For      For      Management
    1.2    Elect Nominee - Frank P. Bramble Sr.                  For      For      Management
    1.3    Elect Nominee - John T. Collins                       For      For      Management
    1.4    Elect Nominee - Gary L. Countryman                    For      For      Management
    1.5    Elect Nominee - Tommy R. Franks                       For      For      Management
    1.6    Elect Nominee - Charles K. Gifford                    For      For      Management
    1.7    Elect Nominee - W. Steven Jones                       For      For      Management
    1.8    Elect Nominee - Kenneth D. Lewis                      For      For      Management
    1.9    Elect Nominee - Monica C. Lozano                      For      For      Management
    1.10   Elect Nominee - Walter E. Massey                      For      For      Management
    1.11   Elect Nominee - Thomas J. May                         For      For      Management
    1.12   Elect Nominee - Patricia E. Mitchell                  For      For      Management
    1.13   Elect Nominee - Thomas M. Ryan                        For      For      Management
    1.14   Elect Nominee - O. Temple Sloan Jr.                   For      For      Management
    1.15   Elect Nominee - Meredith R. Spangler                  For      For      Management
    1.16   Elect Nominee - Robert L. Tillman                     For      For      Management
    1.17   Elect Nominee - Jackie M. Ward                        For      For      Management
    2      Ratify Appointment of Auditors -                      For      Against  Management
    3      Limit Executive Compensation                          Against  Against  Shareholder
    4      Limit Board Size                                      Against  Against  Shareholder
    5      Appoint Separate/Independent Board Chair              Against  For      Shareholder


    BAKER HUGHES INC
    Ticker:        BHI               Security ID:   057224107
    Meeting Date:  04/26/2007        Meeting Type:  Annual
    Record Date:   03/01/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - Larry D. Brady                        For      For      Management
    1.2    Elect Nominee - Clarence P. Cazalot Jr.               For      For      Management
    1.3    Elect Nominee - Chad C. Deaton                        For      For      Management
    1.4    Elect Nominee - Edward P. Djerejian                   For      For      Management
    1.5    Elect Nominee - Anthony G. Fernandes                  For      For      Management
    1.6    Elect Nominee - Claire W. Gargalli                    For      For      Management
    1.7    Elect Nominee - Pierre H. Jungels                     For      For      Management
    1.8    Elect Nominee - James A. Lash                         For      For      Management
    1.9    Elect Nominee - James F. McCall                       For      For      Management
    1.10   Elect Nominee - J. Larry Nichols                      For      For      Management
    1.11   Elect Nominee - H. John Riley Jr.                     For      For      Management
    1.12   Elect Nominee - Charles L. Watson                     For      For      Management
    2      Ratify Appointment of Auditors - Deloitte & Touche    For      For      Management
    3      Eliminate Supermajority Vote                          For      For      Management


    CEMEX SAB DE CV -ADR
    Ticker:        CX                Security ID:   151290889
    Meeting Date:  04/26/2007        Meeting Type:  Annual
    Record Date:   03/26/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Approve Financial Statements/Reports                  For      Abstain  Management
    2      Approve Appropriation of Earnings/Dividend, Share     For      Abstain  Management
    3      Increase Share Capital                                For      Abstain  Management
    4      Elect Board Slate                                     For      Abstain  Management
    5      Approve Directors Remuneration                       For      Abstain  Management
    6      Appoint Delegates to Formalize Adopted Resolutions    For      Abstain  Management


    HUMANA INC
    Ticker:        HUM               Security ID:   444859102
    Meeting Date:  04/26/2007        Meeting Type:  Annual
    Record Date:   03/05/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect: DAVID A. JONES, JR.                            For      For      Management
    1B     Elect: FRANK A. D AMELIO                              For      For      Management
    1C     Elect: W. ROY DUNBAR                                  For      For      Management
    1D     Elect: KURT J. HILZINGER                              For      For      Management
    1E     Elect: MICHAEL B. MCCALLISTER                         For      For      Management
    1F     Elect: JAMES J. O BRIEN                               For      For      Management
    1G     Elect: W. ANN REYNOLDS, PH.D.                         For      For      Management
    1H     Elect: JAMES O. ROBBINS                               For      For      Management
    2      Ratify Appointment of Auditors -                      For      For      Management


    AMERICA MOVIL SAB DE CV -ADR
    Ticker:        AMX               Security ID:   02364W105
    Meeting Date:  04/27/2007        Meeting Type:  Special
    Record Date:   04/16/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    I      Elect Board Slate                                     For      Abstain  Management
    II     Authorize Board to Act on Matters Adopted by          For      Abstain  Management


    GARDNER DENVER INC
    Ticker:        GDI               Security ID:   365558105
    Meeting Date:  05/01/2007        Meeting Type:  Annual
    Record Date:   03/02/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: FRANK J. HANSEN                        For      For      Management
    1.2    Elect Nominee: THOMAS M. MCKENNA                      For      For      Management
    1.3    Elect Nominee: DIANE K. SCHUMACHER                    For      For      Management
    1.4    Elect Nominee: CHARLES L. SZEWS                       For      For      Management
    2      Add Shares/Amend Long-Term Incentive Plan             For      For      Management


    PEPSICO INC
    Ticker:        PEP               Security ID:   713448108
    Meeting Date:  05/02/2007        Meeting Type:  Annual
    Record Date:   03/09/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect: D. Dublon                                      For      For      Management
    1B     Elect: V.J. Dzau                                      For      For      Management
    1C     Elect: R.L. Hunt                                      For      For      Management
    1D     Elect: A. Ibarguen                                    For      For      Management
    1E     Elect: A.C. Martinez                                  For      For      Management
    1F     Elect: I.K. Nooyi                                     For      For      Management
    1G     Elect: S.P. Rockefeller                               For      For      Management
    1H     Elect: J.J. Schiro                                    For      For      Management
    1I     Elect: D. Vasella                                     For      For      Management
    1J     Elect: M.D. White                                     For      For      Management
    2      Ratify Appointment of Auditors - KPMG LLP             For      For      Management
    3      Approve 2007 Long-Term Incentive Plan                 For      For      Management
    4      Review/Report on Charitable Activities                Against  Against  Shareholder


    DEUTSCHE TELEKOM AG  -ADR
    Ticker:        DT                Security ID:   251566105
    Meeting Date:  05/03/2007        Meeting Type:  Annual
    Record Date:   03/28/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    2      Approve Appropriation of Earnings/Dividend            For      For      Management
    3      Ratify Board Actions - Management                     For      For      Management
    4      Ratify Board Actions - Supervisory                    For      For      Management
    5      Approve Appointment of Auditors                       For      Abstain  Management
    6      Approve Share Buyback                                 For      For      Management
    7      Reduce Share Capital                                  For      For      Management
    8      Authorize Electronic Transmission of Information with For      For      Management
    9      Appoint Supervisory Director                          For      For      Management
    10     Appoint Supervisory Director                          For      For      Management
    11     Approve Control and Profit and Loss Transfer          For      For      Management
    12     Approve Control and Profit and Loss Transfer          For      For      Management
    13     Approve Control and Profit and Loss Transfer          For      For      Management
    14     Approve Control and Profit and Loss Transfer          For      For      Management


    J2 GLOBAL COMMUNICATIONS INC
    Ticker:        JCOM              Security ID:   46626E205
    Meeting Date:  05/03/2007        Meeting Type:  Annual
    Record Date:   03/23/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - DOUGLAS Y. BECH                       For      Withhold Management
    1.2    Elect Nominee - ROBERT J. CRESCI                      For      Withhold Management
    1.3    Elect Nominee - JOHN F. RIELEY                        For      Withhold Management
    1.4    Elect Nominee - RICHARD S. RESSLER                    For      Withhold Management
    1.5    Elect Nominee - MICHAEL P. SCHULHOF                   For      Withhold Management
    2      Approve 2007 Stock Plan                               For      For      Management
    3      Approve Other Business                                For      Abstain  Management


    ASBURY AUTOMOTIVE GROUP INC
    Ticker:        ABG               Security ID:   043436104
    Meeting Date:  05/04/2007        Meeting Type:  Annual
    Record Date:   03/15/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Thomas C. DeLoach, Jr.                 For      For      Management
    1.2    Elect Nominee: Philip F. Maritz                       For      For      Management
    1.3    Elect Nominee: John M. Roth                           For      For      Management
    1.4    Elect Nominee: Jeffrey I. Wooley                      For      For      Management
    2      Ratify Appointment of Auditors - Deloitte & Touche    For      For      Management


    COMMSCOPE INC
    Ticker:        CTV               Security ID:   203372107
    Meeting Date:  05/04/2007        Meeting Type:  Annual
    Record Date:   03/13/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Boyd L. George                         For      For      Management
    1.2    Elect Nominee: George N. Hutton, Jr                   For      For      Management
    1.3    Elect Nominee: Katsuhiko Okubo                        For      For      Management
    2      Ratify Appointment of Auditors - Deloitte & Touche    For      Against  Management


    INVESTMENT TECHNOLOGY GP INC
    Ticker:        ITG               Security ID:   46145F105
    Meeting Date:  05/08/2007        Meeting Type:  Annual
    Record Date:   03/15/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: J. William Burdett                     For      For      Management
    1.2    Elect Nominee: Robert C. Gasser                       For      For      Management
    1.3    Elect Nominee: William I Jacobs                       For      For      Management
    1.4    Elect Nominee: Timothy L. Jones                       For      For      Management
    1.5    Elect Nominee: Robert L. King                         For      For      Management
    1.6    Elect Nominee: Kevin J.P. OHara                      For      For      Management
    1.7    Elect Nominee: Maureen OHara                         For      For      Management
    1.8    Elect Nominee: Brian J. Steck                         For      For      Management
    2      Ratify Appointment of Auditors - KPMG LLP             For      For      Management
    3      Amend 1994 Stock Option and Long-term Incentive Plan  For      For      Management
    4      Approve 2007 Omnibus Equity Compensation Plan         For      Against  Management


    AVENTINE RENEWABLE ENERGY
    Ticker:        AVR               Security ID:   05356X403
    Meeting Date:  05/09/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect RICHARD A. DERBES                               For      For      Management
    1B     Elect  MICHAEL C. HOFFMAN                             For      For      Management
    1C     Elect ARNOLD M. NEMIROW                               For      For      Management
    2      Add Shares to 2003 Stock Incentive Plan               For      For      Management
    3      Ratify Appointment of Auditors - ERNST & YOUNG LLP    For      For      Management


    CVS CAREMARK CORP
    Ticker:        CVS               Security ID:   126650100
    Meeting Date:  05/09/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Edwin M. Banks                                        For      For      Management
    1B     C. David Brown II                                     For      For      Management
    1C     Edwin M. Crawford                                     For      For      Management
    1D     David W. Dorman                                       For      For      Management
    1E     Kristen E. Gibney Williams                            For      For      Management
    1F     Roger L. Headrick                                     For      Against  Management
    1G     Marian L. Heard                                       For      For      Management
    1H     William H. Joyce                                      For      For      Management
    1I     Jean-Pierre Millon                                    For      For      Management
    1J     Terrence Murray                                       For      For      Management
    1K     C.A. Lance Piccolo                                    For      Against  Management
    1L     Sheli Z. Rosenberg                                    For      For      Management
    1M     Thomas M. Ryan                                        For      For      Management
    1N     Richard J. Swift                                      For      For      Management
    2      Ratify Appointment of Auditors - KPMG LLP             For      For      Management
    3      Approve 2007 Employee Stock Purchase Plan             For      For      Management
    4      Approve 2007 Incentive Plan                           For      For      Management
    5      Limit Executive Compensation                          Against  For      Shareholder
    6      Appoint Separate/Independent Board Chair              Against  For      Shareholder
    7      Report on Sustainability                              Against  For      Shareholder
    8      Review/Report on Compensation Consultant Independence Against  For      Shareholder
    9      Adopt Policy On Option Backdating                     Against  For      Shareholder


    GILEAD SCIENCES INC
    Ticker:        GILD              Security ID:   375558103
    Meeting Date:  05/09/2007        Meeting Type:  Annual
    Record Date:   03/22/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - PAUL BERG                             For      For      Management
    1.2    Elect Nominee - JOHN F. COGAN                         For      For      Management
    1.3    Elect Nominee - ETIENNE F. DAVIGNON                   For      For      Management
    1.4    Elect Nominee - JAMES M. DENNY                        For      For      Management
    1.5    Elect Nominee - CARLA A. HILLS                        For      For      Management
    1.6    Elect Nominee - JOHN W. MADIGAN                       For      For      Management
    1.7    Elect Nominee - JOHN C. MARTIN                        For      For      Management
    1.8    Elect Nominee - GORDON E. MOORE                       For      For      Management
    1.9    Elect Nominee - NICHOLAS G. MOORE                     For      For      Management
    1.10   Elect Nominee - GAYLE E. WILSON                       For      For      Management
    2      Ratify Appointment of Auditors - ERNST & YOUNG LLP    For      For      Management
    3      Add Shares to 2004 Equity Incentive Plan              For      For      Management
    4      Add Shares/Amend Employee Stock Purchase Plan         For      For      Management


    ONEOK PARTNERS -LP
    Ticker:        OKS               Security ID:   68268N103
    Meeting Date:  05/10/2007        Meeting Type:  Special
    Record Date:   01/29/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Eliminate Dual Class Stock                            For      For      Management
    2      Amend Partnership Agreement                           For      For      Management
    3      Approve Adjournment of Meeting                        For      For      Management


    UNITED PARCEL SERVICE INC
    Ticker:        UPS               Security ID:   911312106
    Meeting Date:  05/10/2007        Meeting Type:  Annual
    Record Date:   03/12/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - MICHAEL J. BURNS                      For      For      Management
    1.2    Elect Nominee - D. SCOTT DAVIS                        For      For      Management
    1.3    Elect Nominee - STUART E. EIZENSTAT                   For      For      Management
    1.4    Elect Nominee - MICHAEL L. ESKEW                      For      For      Management
    1.5    Elect Nominee - JAMES P. KELLY                        For      For      Management
    1.6    Elect Nominee - ANN M. LIVERMORE                      For      For      Management
    1.7    Elect Nominee - VICTOR A. PELSON                      For      For      Management
    1.8    Elect Nominee - JOHN W. THOMPSON                      For      For      Management
    1.9    Elect Nominee - CAROL B. TOME                         For      For      Management
    1.10   Elect Nominee - BEN VERWAAYEN                         For      For      Management
    2      Ratify Appointment of Auditors - DELOITTE & TOUCHE    For      For      Management


    AKAMAI TECHNOLOGIES INC
    Ticker:        AKAM              Security ID:   00971T101
    Meeting Date:  05/15/2007        Meeting Type:  Annual
    Record Date:   04/02/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Ronald Graham                          For      For      Management
    1.2    Elect Nominee: F. Thomson Leighton                    For      For      Management
    1.3    Elect Nominee: Paul Sagan                             For      For      Management
    1.4    Elect Nominee: Naomi O. Seligman                      For      For      Management
    2      Ratify Appointment of Auditors -                      For      For      Management


    PSYCHIATRIC SOLUTIONS INC
    Ticker:        PSYS              Security ID:   74439H108
    Meeting Date:  05/15/2007        Meeting Type:  Annual
    Record Date:   04/02/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - W.F. CARPENTER III                    For      Withhold Management
    1.2    Elect Nominee - MARK P. CLEIN                         For      Withhold Management
    1.3    Elect Nominee - RICHARD D. GORE                       For      Withhold Management
    2      Ratify Appointment of Auditors - ERNST & YOUNG LLP    For      For      Management


    QUESTAR CORP
    Ticker:        STR               Security ID:   748356102
    Meeting Date:  05/15/2007        Meeting Type:  Annual
    Record Date:   03/19/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: TERESA BECK                            For      For      Management
    1.2    Elect Nominee: R.D. CASH                              For      For      Management
    1.3    Elect Nominee: ROBERT E. MCKEE                        For      For      Management
    1.4    Elect Nominee: GARY G. MICHAEL                        For      For      Management
    1.5    Elect Nominee: CHARLES B. STANLEY                     For      For      Management


    THERMO FISHER SCIENTIFIC INC
    Ticker:        TMO               Security ID:   883556102
    Meeting Date:  05/15/2007        Meeting Type:  Annual
    Record Date:   03/29/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Elect - MARIJN E. DEKKERS                             For      For      Management
    2      Approve 2007 Employees Stock Purchase Plan            For      For      Management
    3      Ratify Appointment of Auditors -                      For      For      Management


    PHARMACEUTICAL PROD DEV INC
    Ticker:        PPDI              Security ID:   717124101
    Meeting Date:  05/16/2007        Meeting Type:  Annual
    Record Date:   03/21/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - STUART BONDURANT, M.D.                For      For      Management
    1.2    Elect Nominee - FREDERICK FRANK                       For      For      Management
    1.3    Elect Nominee - TERRY MAGNUSON, PH.D.                 For      For      Management
    1.4    Elect Nominee - F.N. ESHELMAN, PHARM.D.               For      For      Management
    1.5    Elect Nominee - GENERAL DAVID L. GRANGE               For      For      Management
    1.6    Elect Nominee - ERNEST MARIO, PH.D.                   For      For      Management
    1.7    Elect Nominee - MARYE ANNE FOX, PH.D.                 For      For      Management
    1.8    Elect Nominee - CATHERINE M. KLEMA                    For      For      Management
    1.9    Elect Nominee - JOHN A. MCNEILL, JR.                  For      For      Management
    2      Approve Other Business                                For      Abstain  Management


    TOWER GROUP INC
    Ticker:        TWGP              Security ID:   891777104
    Meeting Date:  05/17/2007        Meeting Type:  Annual
    Record Date:   04/04/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Francis M. Colalucci                   For      Withhold Management
    1.2    Elect Nominee: Charles A. Bryan                       For      Withhold Management
    2      Ratify Appointment of Auditors -Johnson Lambert & Co. For      For      Management


    SUPERIOR ENERGY SERVICES INC
    Ticker:        SPN               Security ID:   868157108
    Meeting Date:  05/23/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Harold J. Bouillion                    For      Withhold Management
    1.2    Elect Nominee: Enoch L. Dawkins                       For      Withhold Management
    1.3    Elect Nominee: James M. Funk                          For      Withhold Management
    1.4    Elect Nominee: Terence E. Hall                        For      Withhold Management
    1.5    Elect Nominee: Ernest E. Howard, III                  For      Withhold Management
    1.6    Elect Nominee: Richard A. Pattarozzi                  For      Withhold Management
    1.7    Elect Nominee: Justin L. Sullivan                     For      Withhold Management
    2      Approve 2007 Employee Stock Purchase Plan             For      For      Management
    3      Ratify Appointment of Auditors - KPMG LLP             For      For      Management


    GENZYME CORP
    Ticker:        GENZ              Security ID:   372917104
    Meeting Date:  05/24/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - DOUGLAS A. BERTHIAUME                 For      Withhold Management
    1.2    Elect Nominee - GAIL K. BOUDREAUX                     For      For      Management
    2      Add Shares/Amend 2004 Equity Incentive Plan           For      For      Management
    3      Approve 2007 Director Equity Plan                     For      Against  Management
    4      Add Shares to 1999 Employee Stock Purchase Plan       For      For      Management
    5      Adopt Majority Vote to Elect Directors                For      For      Management
    6      Ratify Appointment of Auditors -                      For      For      Management
    7      Allow Shareholder Approval of Severance Agreements    Against  For      Shareholder


    QUANTA SERVICES INC
    Ticker:        PWR               Security ID:   74762E102
    Meeting Date:  05/24/2007        Meeting Type:  Annual
    Record Date:   03/26/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: James R. Ball                          For      Withhold Management
    1.2    Elect Nominee: John R. Colson                         For      Withhold Management
    1.3    Elect Nominee: Ralph R. DiSibio                       For      Withhold Management
    1.4    Elect Nominee: Bernard Fried                          For      Withhold Management
    1.5    Elect Nominee: Louis C. Golm                          For      Withhold Management
    1.6    Elect Nominee: Worthing F. Jackman                    For      Withhold Management
    1.7    Elect Nominee: Bruce Ranck                            For      Withhold Management
    1.8    Elect Nominee: Gary A. Tucci                          For      Withhold Management
    1.9    Elect Nominee: John R. Wilson                         For      Withhold Management
    1.10   Elect Nominee: Pat Wood, III                          For      Withhold Management
    2      Ratify Appointment of Auditors -                      For      For      Management
    3      Approve 2007 Stock Incentive Plan                     For      For      Management


    CERNER CORP
    Ticker:        CERN              Security ID:   156782104
    Meeting Date:  05/25/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - G.E. BISBEE, JR., PH.D.               For      For      Management
    1.2    Elect Nominee - NANCY-ANN DEPARLE                     For      For      Management
    1.3    Elect Nominee - MICHAEL E. HERMAN                     For      For      Management
    2      Ratify Appointment of Auditors - KPMG LLP             For      For      Management


    LOWE'S COMPANIES INC
    Ticker:        LOW               Security ID:   548661107
    Meeting Date:  05/25/2007        Meeting Type:  Annual
    Record Date:   03/30/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - DAVID W. BERNAUER                     For      For      Management
    1.2    Elect Nominee - LEONARD L. BERRY                      For      For      Management
    1.3    Elect Nominee - DAWN E. HUDSON                        For      For      Management
    1.4    Elect Nominee - ROBERT A. NIBLOCK                     For      For      Management
    2      Add Shares to Employee Stock Purchase Plan            For      For      Management
    3      Ratify Appointment of Auditors - DELOITTE & TOUCHE    For      For      Management
    4      Implement Stock Ownership Guidelines                  Against  Against  Shareholder
    5      Report on Wood Procurement                            Against  For      Shareholder
    6      Eliminate Classified Board                            Against  For      Shareholder
    7      Allow Shareholder Approval of Severance Agreements    Against  For      Shareholder
    8      Award Pay for Superior Performance                    Against  For      Shareholder


    FIRST DATA CORP
    Ticker:        FDC               Security ID:   319963104
    Meeting Date:  05/30/2007        Meeting Type:  Annual
    Record Date:   04/02/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1      Elect - DAVID A. COULTER                              For      For      Management
    2      Elect - HENRY C. DUQUES                               For      For      Management
    3      Elect - RICHARD P. KIPHART                            For      For      Management
    4      Elect - JOAN E. SPERO                                 For      For      Management
    5      Add Shares to Employee Stock Purchase Plan            For      For      Management
    6      Approve 2006 Non-Employee Director Equity             For      For      Management
    7      Amend 2002 Long-Term Incentive Plan                   For      For      Management
    8      Ratify Appointment of Auditors - ERNST & YOUNG LLP    For      For      Management


    DIGITAL RIVER INC
    Ticker:        DRIV              Security ID:   25388B104
    Meeting Date:  05/31/2007        Meeting Type:  Annual
    Record Date:   04/12/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - JOEL A. RONNING                       For      Withhold Management
    1.2    Elect Nominee - PERRY W. STEINER                      For      Withhold Management
    1.3    Elect Nominee - J. PAUL THORIN                        For      Withhold Management
    2      Approve 2007 Equity Incentive Plan                    For      Against  Management
    3      Ratify Appointment of Auditors - ERNST & YOUNG LLP    For      For      Management


    NATIONAL OILWELL VARCO INC
    Ticker:        NOV               Security ID:   637071101
    Meeting Date:  06/05/2007        Meeting Type:  Annual
    Record Date:   04/13/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - BEN A. GUILL                          For      Withhold Management
    1.2    Elect Nominee - ROGER L. JARVIS                       For      Withhold Management
    1.3    Elect Nominee - ERIC L. MATTSON                       For      Withhold Management
    2      Ratify Appointment of Auditors - ERNST & YOUNG LLP    For      For      Management


    TJX COMPANIES INC
    Ticker:        TJX               Security ID:   872540109
    Meeting Date:  06/05/2007        Meeting Type:  Annual
    Record Date:   04/16/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - DAVID A. BRANDON                      For      For      Management
    1.2    Elect Nominee - BERNARD CAMMARATA                     For      For      Management
    1.3    Elect Nominee - DAVID T. CHING                        For      For      Management
    1.4    Elect Nominee - MICHAEL F. HINES                      For      For      Management
    1.5    Elect Nominee - AMY B. LANE                           For      For      Management
    1.6    Elect Nominee - CAROL MEYROWITZ                       For      For      Management
    1.7    Elect Nominee - JOHN F. OBRIEN                       For      For      Management
    1.8    Elect Nominee - ROBERT F. SHAPIRO                     For      For      Management
    1.9    Elect Nominee - WILLOW B. SHIRE                       For      For      Management
    1.10   Elect Nominee - FLETCHER H. WILEY                     For      For      Management
    2      Reapprove Incentive Plan/Performance Criteria for     For      For      Management
    3      Ratify Appointment of Auditors -                      For      For      Management
    4      Adopt Majority Vote to Elect Directors                Against  For      Shareholder


    ALLIANCE DATA SYSTEMS CORP
    Ticker:        ADS               Security ID:   018581108
    Meeting Date:  06/06/2007        Meeting Type:  Annual
    Record Date:   04/12/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Lawrence M. Benveniste, Ph.D.          For      Withhold Management
    1.2    Elect Nominee: D. Keith Cobb                          For      Withhold Management
    1.3    Elect Nominee: Kenneth R. Jensen                      For      Withhold Management
    2      Ratify Appointment of Auditors - Deloitte & Touche    For      For      Management


    DEVON ENERGY CORP
    Ticker:        DVN               Security ID:   25179M103
    Meeting Date:  06/06/2007        Meeting Type:  Annual
    Record Date:   04/09/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee: Thomas F. Ferguson                     For      Withhold Management
    1.2    Elect Nominee: David M. Gavrin                        For      Withhold Management
    1.3    Elect Nominee: John Richels                           For      Withhold Management
    2      Ratify Appointment of Auditors - KPMG LLP             For      For      Management


    GARMIN LTD
    Ticker:        GRMN              Security ID:   G37260109
    Meeting Date:  06/08/2007        Meeting Type:  Annual
    Record Date:   04/16/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - Gene M. Betts                         For      Withhold Management
    1.2    Elect Nominee - Thomas A. McDonnell                   For      Withhold Management


    YAHOO INC
    Ticker:        YHOO              Security ID:   984332106
    Meeting Date:  06/12/2007        Meeting Type:  Annual
    Record Date:   04/16/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1A     Elect: Terry S. Semel                                 For      Against  Management
    1B     Elect: Jerry Yang                                     For      Against  Management
    1C     Elect: Roy J. Bostock                                 For      Against  Management
    1D     Elect: Ronald W. Burkle                               For      Against  Management
    1E     Elect: Eric Hippeau                                   For      Against  Management
    1F     Elect: Vyomesh Joshi                                  For      Against  Management
    1G     Elect: Arthur H. Kern                                 For      Against  Management
    1H     Elect: Robert A. Kotick                               For      Against  Management
    1I     Elect: Edward R. Kozel                                For      Against  Management
    1J     Elect: Gary L. Wilson                                 For      Against  Management
    2      Add Shares/Amend 1995 Stock Plan                      For      Against  Management
    3      Add Shares to 1996 Employee Stock Purchase Plan       For      For      Management
    4      Ratify Appointment of Auditors -                      For      For      Management
    5      Award Pay for Superior Performance                    Against  For      Shareholder
    6      Adopt Anti-Internet Censorship Policy                 Against  For      Shareholder
    7      Establish Human Rights Committee                      Against  For      Shareholder


    ALLSCRIPTS HEALTHCARE SOLUTIONS
    Ticker:        MDRX              Security ID:   01988P108
    Meeting Date:  06/19/2007        Meeting Type:  Annual
    Record Date:   04/23/2007

    #      Proposal                                              Mgt Rec  Vote     Sponsor
    1.1    Elect Nominee - ROBERT A. COMPTON                     For      Withhold Management
    1.2    Elect Nominee - MICHAEL J. KLUGER                     For      Withhold Management
    1.3    Elect Nominee - JOHN P. MCCONNELL                     For      Withhold Management
    2      Add Shares to 1993 Stock Incentive Plan               For      For      Management
    3      Ratify Appointment of Auditors - GRANT THORNTON LLP   For      For      Management

    ============================= PAX WORLD HIGH YIELD BOND FUND =======================

    The Fund held no voting securities during the period covered by this report.
    Accordingly, no information is disclosed.
    ===================================== END NPX REPORT ================================
    

    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.

    PAX WORLD FUNDS SERIES TRUST I
    (Registrant)


    By:      /s/ Joseph P. Keefe
             Joseph P. Keefe
             President & CEO

    Date:    August 29, 2007