UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF Scudder Focus Value Plus Growth Fund Investment Company Act file number 811-7331 Scudder Focus Value Plus Growth Fund (Exact name of registrant as specified in charter) 222 South Riverside Plaza Chicago, IL 60606 (Address of principal executive offices) (Zip code) John Millette Secretary Two International Place Boston, MA 02110 (Name and address of agent for service) Registrant's telephone number, including area code: 617-295-1000 Date of fiscal year end: 11/30 ------- Date of reporting period: 7/1/04-6/30/05 ---------------- Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (ss.ss. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant's proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles. A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss. 3507. ProxyEdge - Investment Company Report Meeting Date Range: 07/01/2004 to 06/30/2005 Selected Accounts: Scudder Focus Value Plus Growth Fund Vote Summary Report (Long) 07/01/04 to 06/30/05 Sovereign Bancorp, Inc. Shares Voted 31,260 Security 845905108 Meeting Date 4/21/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director P. Michael Ehlerman Mgmt For For 1.2 Elect Director Marian L. Heard Mgmt For For 1.3 Elect Director Jay S. Sidhu Mgmt For For 2 Ratify Auditors Mgmt For For Electronic Data Systems Shares Voted Security Corp. 34,600 285661104 Meeting Date 4/22/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director W. Roy Dunbar Mgmt For For 1.2 Elect Director Michael H. Jordan Mgmt For For 2 Ratify Auditors Mgmt For For 3 Declassify the Board of Directors Mgmt For For 4 Eliminate Supermajority Vote Requirement Mgmt For For PNC Financial Services Shares Voted Security Group, Inc. 11,700 693475105 Meeting Date 4/26/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director Paul W. Chellgren Mgmt For For 1.2 Elect Director Robert N. Clay Mgmt For For 1.3 Elect Director J. Gary Cooper Mgmt For For 1.4 Elect Director George A. Davidson, Jr. Mgmt For For 1.5 Elect Director Richard B. Kelson Mgmt For For 1.6 Elect Director Bruce C. Lindsay Mgmt For For 1.7 Elect Director Anthony A. Massaro Mgmt For For 1.8 Elect Director Thomas H. O'Brien Mgmt For For 1.9 Elect Director Jane G. Pepper Mgmt For For 1.1 Elect Director James E. Rohr Mgmt For For 1.11 Elect Director Lorene K. Steffes Mgmt For For 1.12 Elect Director Dennis F. Strigl Mgmt For For 1.13 Elect Director Stephen G. Thieke Mgmt For For 1.14 Elect Director Thomas J. Usher Mgmt For For 1.15 Elect Director Milton A. Washington Mgmt For For 1.16 Elect Director Heldge H. Wehmeier Mgmt For For 2 Ratify Auditors Mgmt For For Bank of America Corp. Shares Voted 31,336 Security 60505104 Meeting Date 4/27/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director William Barnet, III Mgmt For For 1.2 Elect Director Charles W. Coker Mgmt For For 1.3 Elect Director John T. Collins Mgmt For For 1.4 Elect Director Gary L. Countryman Mgmt For For 1.5 Elect Director Paul Fulton Mgmt For For 1.6 Elect Director Charles K. Gifford Mgmt For For 1.7 Elect Director W. Steven Jones Mgmt For For 1.8 Elect Director Kenneth D. Lewis Mgmt For For 1.9 Elect Director Walter E. Massey Mgmt For For 1.1 Elect Director Thomas J. May Mgmt For For 1.11 Elect Director Patricia E. Mitchell Mgmt For For 1.12 Elect Director Edward L. Romero Mgmt For For 1.13 Elect Director Thomas M. Ryan Mgmt For For 1.14 Elect Director O. Temple Sloan, Jr. Mgmt For For 1.15 Elect Director Meredith R. Spangler Mgmt For For 1.16 Elect Director Robert L. Tillman Mgmt For For 1.17 Elect Director Jackie M. Ward Mgmt For For 2 Ratify Auditors Mgmt For For 3 Report on Political Contributions ShrHoldr Against Against 4 Director Nominee Amendment ShrHoldr Against Against ENCANA CORP[formerly Shares Voted Security PANCANADIAN ENERGY CORP 3,100 292505104 Meeting Date 4/27/2005 Meeting Type MIX Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director Michael N. Chernoff Mgmt For For 1.2 Elect Director Ralph S. Cunningham Mgmt For For 1.3 Elect Director Patrick D. Daniel Mgmt For For 1.4 Elect Director Ian W. Delaney Mgmt For For 1.5 Elect Director William R. Fatt Mgmt For For 1.6 Elect Director Michael A. Grandin Mgmt For For 1.7 Elect Director Barry W. Harrison Mgmt For For 1.8 Elect Director Dale A. Lucas Mgmt For For 1.9 Elect Director Ken F. McCready Mgmt For For 1.1 Elect Director Gwyn Morgan Mgmt For For 1.11 Elect Director Valerie A.A. Nielsen Mgmt For For 1.12 Elect Director David P. O'Brien Mgmt For For 1.13 Elect Director Jane L. Peverett Mgmt For For 1.14 Elect Director Dennis A. Sharp Mgmt For For 1.15 Elect Director James M. Stanford Mgmt For For Approve Auditors and Authorize Board to Fix 2 Remuneration of Auditors Mgmt For For 3 Amend Employee Stock Option Plan Mgmt For For 4 Approve 2:1 Stock Split Mgmt For For UST Inc. Shares Voted 61,647 Security 902911106 Meeting Date 5/3/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director John D. Barr Mgmt For For 1.2 Elect Director Ronald J. Rossi Mgmt For For 2 Approve Omnibus Stock Plan Mgmt For For 3 Ratify Auditors Mgmt For For 4 Adopt Policy on Internet Advertising ShrHoldr Against Against Bristol-Myers Squibb Co. Shares Voted 36,200 Security 110122108 Meeting Date 5/3/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director V.D. Coffman Mgmt For For 1.2 Elect Director J.M. Cornelius Mgmt For For 1.3 Elect Director P.R. Dolan Mgmt For For 1.4 Elect Director E.V. Futter Mgmt For For 1.5 Elect Director L.V. Gershtner, Jr. Mgmt For For 1.6 Elect Director L. Johansson Mgmt For For 1.7 Elect Director L.W. Sullivan Mgmt For For 2 Ratify Auditors Mgmt For For Amend Articles to Eliminate Certain 3 Supermajority Vote Requirements Mgmt For For 4 Report on Political Contributions ShrHoldr Against Against Report on Operational Impact of HIV/AIDS, 5 TB, and Malaria Pandemic ShrHoldr Against Against 6 Eliminate Animal Testing ShrHoldr Against Against 7 Separate Chairman and CEO Positions ShrHoldr Against For 8 Proposal Regarding Restatement Situations ShrHoldr Against Against 9 Limit/Prohibit Awards to Executives ShrHoldr Against For Require a Majority Vote for the Election of 10 Directors ShrHoldr Against Against Apache Corp. Shares Voted 9,200 Security 37411105 Meeting Date 5/5/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director G. Steven Farris Mgmt For For 1.2 Elect Director Randolph M. Ferlic Mgmt For For 1.3 Elect Director A.D. Frazier, Jr. Mgmt For For 1.4 Elect Director John A. Kocur Mgmt For For 2 Approve Stock Option Plan Mgmt For For 3 Approve Omnibus Stock Plan Mgmt For For Require a Majority Vote for the Election of 4 Directors ShrHoldr Against Against Prohibit Auditor from Providing Non-Audit 5 Services ShrHoldr Against Against ConocoPhillips Shares Voted 5,800 Security 20825C104 Meeting Date 5/5/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director J.J. Mulva Mgmt For For 1.2 Elect Director Norman R. Augustine Mgmt For For 1.3 Elect Director Larry D. Horner Mgmt For For 1.4 Elect Director Charles C. Krulak Mgmt For For 2 Ratify Auditors Mgmt For For 3 Limit Executive Compensation ShrHoldr Against Against Require a Majority Vote for the Election of 4 Directors ShrHoldr Against Against Reynolds American Inc Shares Voted 5,235 Security 761713106 Meeting Date 5/6/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director Betsy S. Atkins Mgmt For For 1.2 Elect Director E.V. (Rick) Goings Mgmt For For 1.3 Elect Director Nana Mensah Mgmt For For 1.4 Elect Director Robert S. (Steve) Miller, Jr. Mgmt For For 2 Amend Omnibus Stock Plan Mgmt For For 3 Ratify Auditors Mgmt For For 4 Phase Out Sale of Conventional Cigarettes ShrHoldr Against Against 5 Adopt Policy on Internet Advertising ShrHoldr Against Against 6 Apply Fire Safety Standards for Cigarettes ShrHoldr Against Against Occidental Petroleum Corp. Shares Voted 6,900 Security 674599105 Meeting Date 5/6/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director Spencer Abraham Mgmt For For 1.2 Elect Director Ronald W. Burkle Mgmt For For 1.3 Elect Director John S. Chalsky Mgmt For For 1.4 Elect Director Edward P. Djerejian Mgmt For For 1.5 Elect Director R. Chad Dreier Mgmt For For 1.6 Elect Director John E. Feick Mgmt For For 1.7 Elect Director Ray R. Irani Mgmt For For 1.8 Elect Director Irwin W. Maloney Mgmt For For 1.9 Elect Director Rodolfo Segovia Mgmt For For 1.1 Elect Director Aziz D. Syriani Mgmt For For 1.11 Elect Director Rosemary Tomich Mgmt For For 1.12 Elect Director Walter L. Weisman Mgmt For For 2 Ratify Auditors Mgmt For For 3 Approve Omnibus Stock Plan Mgmt For For 4 Proposal Regarding Board Sponsored Proposals ShrHoldr Against Against Submit Severance Agreement 5 (Change-in-Control) to Shareholder Vote ShrHoldr Against For Quest Diagnostics, Shares Voted Security Incorporated 1,800 74834L100 Meeting Date 5/10/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director William F. Beuhler Mgmt For For 1.2 Elect Director Rosanne Haggerty Mgmt For For 1.3 Elect Director Gary M. Pfeiffer Mgmt For For 1.4 Elect Director Daniel C. Stanzione Mgmt For For 2 Ratify Auditors Mgmt For For 3 Amend Omnibus Stock Plan Mgmt For Against 4 Amend Non-Employee Director Stock Option Plan Mgmt For For Laboratory Corporation of Shares Voted Security America Holdings 15,075 50540R409 Meeting Date 5/18/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director Thomas P. Mac Mahon Mgmt For For 1.2 Elect Director Jean-Luc Belingard Mgmt For For 1.3 Elect Director Wendy E. Lane Mgmt For For 1.4 Elect Director Robert E. Mittelstaedt, Jr. Mgmt For For 1.5 Elect Director Arthur H. Rubenstein, MBBCh Mgmt For For 1.6 Elect Director Andrew G. Wallace, M.D. Mgmt For For 1.7 Elect Director M. Keith Weikel, Ph.D. Mgmt For For 2 Ratify Auditors Mgmt For For Borders Group, Inc. Shares Voted 20,000 Security 99709107 Meeting Date 5/19/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director Joel J. Cohen Mgmt For For 1.2 Elect Director Gregory P. Josefowicz Mgmt For For 1.3 Elect Director Amy B. Lane Mgmt For For 1.4 Elect Director Victor L. Lund Mgmt For For 1.5 Elect Director Dr. Edna Greene Medford Mgmt For For 1.6 Elect Director Lawrence I. Pollock Mgmt For For 1.7 Elect Director Beth M. Pritchard Mgmt For For 2 Amend Executive Incentive Bonus Plan Mgmt For For 3 Ratify Auditors Mgmt For For Home Depot, Inc. (The) Shares Voted 33,505 Security 437076102 Meeting Date 5/26/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director Gregory D. Brenneman Mgmt For For 1.2 Elect Director Richard H. Brown Mgmt For For 1.3 Elect Director John L. Clendenin Mgmt For For 1.4 Elect Director Berry R. Cox Mgmt For For 1.5 Elect Director Claudio X. Gonzalez Mgmt For For 1.6 Elect Director Milledge A. Hart, III Mgmt For For 1.7 Elect Director Bonnie G. Hill Mgmt For For 1.8 Elect Director Laban P. Jackson, Jr. Mgmt For For 1.9 Elect Director Lawrence R. Johnston Mgmt For For 1.1 Elect Director Kenneth G. Langone Mgmt For For 1.11 Elect Director Robert L. Nardelli Mgmt For For 1.12 Elect Director Thomas J. Ridge Mgmt For For 2 Ratify Auditors Mgmt For For 3 Amend Nomination Procedures for the Board Mgmt For For 4 Approve Omnibus Stock Plan Mgmt For For 5 Prepare Diversity Report ShrHoldr Against Against Require a Majority Vote for the Election of 6 Directors ShrHoldr Against Against 7 Limit Executive Compensation ShrHoldr Against Against Submit Severance Agreement 8 (Change-in-Control) to Shareholder Vote ShrHoldr Against For 9 Performance- Based/Indexed Options ShrHoldr Against For 10 Performance- Based/Indexed Options ShrHoldr Against For 11 Affirm Political Nonpartisanship ShrHoldr Against Against HCA, Inc. Shares Voted 13,485 Security 404119109 Meeting Date 5/26/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director C. Michael Armstrong Mgmt For For 1.2 Elect Director Magdalena H. Averhoff, M.D. Mgmt For For 1.3 Elect Director Jack O. Bovender, Jr. Mgmt For For 1.4 Elect Director Richard M. Bracken Mgmt For For 1.5 Elect Director Martin Feldstein Mgmt For For 1.6 Elect Director Thomas F. Frist, Jr., M.D. Mgmt For For 1.7 Elect Director Frederick W. Gluck Mgmt For For 1.8 Elect Director Glenda A. Hatchett Mgmt For For 1.9 Elect Director Charles O. Holliday, Jr. Mgmt For For 1.1 Elect Director T. Michael Long Mgmt For For 1.11 Elect Director John H. McArthur Mgmt For For 1.12 Elect Director Kent C. Nelson Mgmt For For 1.13 Elect Director Frank S. Royal, M.D. Mgmt For For 1.14 Elect Director Harold T. Shapiro Mgmt For For 2 Ratify Auditors Mgmt For For 3 Approve Omnibus Stock Plan Mgmt For Against MEDCO Health Solutions Inc Shares Voted 14,006 Security 58405U102 Meeting Date 5/31/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director John L. Cassis Mgmt For For 1.2 Elect Director Michael Goldstein Mgmt For For 1.3 Elect Director Blenda J. Wilson Mgmt For For 2 Ratify Auditors Mgmt For For 3 Approve Omnibus Stock Plan Mgmt For For Approve Qualified Employee Stock Purchase 4 Plan Mgmt For For 5 Approve Executive Incentive Bonus Plan Mgmt For For Kerr-McGee Corp. Shares Voted 7,150 Security 492386107 Meeting Date 6/7/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director William F. Wallace Mgmt For For 1.2 Elect Director Ian L. White-Thomson Mgmt For For 2 Ratify Auditors Mgmt For For 3 Approve Omnibus Stock Plan Mgmt For For 4 Increase Authorized Common Stock Mgmt For Against 5 Establish Office of the Board of Directors ShrHoldr Against Against Devon Energy Corp. Shares Voted 47,110 Security 25179M103 Meeting Date 6/8/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director John A. Hill Mgmt For For 1.2 Elect Director William J. Johnson Mgmt For For 1.3 Elect Director Robert A. Mosbacher Jr. Mgmt For For 2 Ratify Auditors Mgmt For For 3 Approve Omnibus Stock Plan Mgmt For For Require a Majority Vote for the Election of 4 Directors ShrHoldr Against Against Staples, Inc. Shares Voted 14,530 Security 855030102 Meeting Date 6/13/2005 Meeting Type AGM Ballot Issues Proponent Mgmt Vote Rec Cast 1.1 Elect Director Brenda C. Barnes Mgmt For For 1.2 Elect Director Mary Elizabeth Burton Mgmt For For 1.3 Elect Director Richard J. Currie Mgmt For For 1.4 Elect Director Rowland T. Moriarty Mgmt For For 2 Amend Omnibus Stock Plan Mgmt For Against 3 Ratify Auditors Mgmt For For Submit Shareholder Rights Plan (Poison Pill) 4 to Shareholder Vote ShrHoldr Against For SIGNATURES [See General Instruction F] Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) Scudder Focus Value Plus Growth Fund By (Signature and Title)* /s/Julian Sluyters ----------------------------------------------- Julian Sluyters, Chief Executive Officer Date 8/15/05 --------- * Print the name and title of each signing officer under his or her signature.