UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT
COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-22282
NAME OF REGISTRANT: Cook & Bynum Funds Trust
ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 2830 Cahaba Road
Suite
Birmingham, AL 35223
NAME AND ADDRESS OF AGENT FOR SERVICE: J. Dowe Bynum
2830 Cahaba Road
Birmingham, AL 35223
REGISTRANT'S TELEPHONE NUMBER: 205-994-2815
DATE OF FISCAL YEAR END: 09/30
DATE OF REPORTING PERIOD: 07/01/2016 - 06/30/2017
The Cook & Bynum Fund
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ARCA CONTINENTAL SAB DE CV, MEXICO Agenda Number: 707453279
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Security: P0448R103
Meeting Type: EGM
Meeting Date: 26-Oct-2016
Ticker:
ISIN: MX01AC100006
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
I PRESENTATION, DISCUSSION AND, IF ANY, Mgmt Take No Action
ADOPTION OF THE BALANCE SHEET OF THE
COMPANY. RESOLUTIONS
II PRESENTATION, DISCUSSION AND, IF ANY, Mgmt Take No Action
APPROVAL OF THE PROPOSAL TO MERGE ARCA
ECUADOR, S.A.P.I. DE C.V., AS COMPANY
FUSED, IN THE COMPANY AS MERGING, AND
DETERMINATION OF AGREEMENTS TO CARRY OUT
THIS MERGER. RESOLUTIONS
III PROPOSAL AND, IF ANY, APPROVAL OF CAPITAL Mgmt Take No Action
INCREASE OF THE COMPANY, AS A RESULT OF THE
MERGER CONSIDERED IN PREVIOUS POINT II.
RESOLUTIONS
IV PROPOSAL AND DESIGNATION OF SPECIAL Mgmt Take No Action
DELEGATES OF THE ASSEMBLY THAT FORMALIZE
AND TAKE, IF ANY, THE RESOLUTIONS ADOPTED
IN THE ASSEMBLY. RESOLUTIONS
V READING AND, IF ANY, APPROVAL OF MINUTES OF Mgmt Take No Action
THE ASSEMBLY. RESOLUTIONS
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ARCA CONTINENTAL SAB DE CV, MEXICO Agenda Number: 707623725
--------------------------------------------------------------------------------------------------------------------------
Security: P0448R103
Meeting Type: EGM
Meeting Date: 14-Dec-2016
Ticker:
ISIN: MX01AC100006
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
I PRESENTATION, DISCUSSION AND, IF DEEMED Mgmt For For
APPROPRIATE, APPROVAL OF THE BALANCE SHEET
OF THE COMPANY, RESOLUTIONS IN THIS REGARD
II PRESENTATION, DISCUSSION AND, IF DEEMED Mgmt For For
APPROPRIATE, APPROVAL OF THE PROPOSAL TO
MERGE CARISMED XXI, S. DE R.L. DE C.V., AS
THE COMPANY BEING ABSORBED, INTO THE
COMPANY, AS THE SURVIVING COMPANY, AS WELL
AS THE DETERMINATION OF THE RESOLUTIONS IN
ORDER TO CARRY OUT THE MENTIONED MERGER,
RESOLUTIONS IN THIS REGARD
III PROPOSAL AND, IF DEEMED APPROPRIATE, Mgmt For For
APPROVAL OF THE INCREASE OF THE CAPITAL OF
THE COMPANY, AS A RESULT OF THE MERGER THAT
IS CONSIDERED IN ITEM II ABOVE, RESOLUTIONS
IN THIS REGARD
IV PROPOSAL AND DESIGNATION OF SPECIAL Mgmt For For
DELEGATES FROM THE GENERAL MEETING IN ORDER
TO FORMALIZE AND CARRY OUT, IF DEEMED
APPROPRIATE, THE RESOLUTIONS THAT ARE
PASSED BY THIS GENERAL MEETING, RESOLUTIONS
IN THIS REGARD
V READING AND, IF DEEMED APPROPRIATE, Mgmt For For
APPROVAL OF THE MINUTES OF THE GENERAL
MEETING, RESOLUTIONS IN THIS REGARD
CMMT 01 DEC 2016: PLEASE NOTE THAT THE MEETING Non-Voting
TYPE WAS CHANGED FROM OGM TO EGM. IF YOU
HAVE ALREADY SENT IN YOUR VOTES, PLEASE DO
NOT VOTE AGAIN UNLESS YOU DECIDE TO AMEND
YOUR ORIGINAL INSTRUCTIONS. THANK YOU.
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ARCA CONTINENTAL SAB DE CV, MEXICO Agenda Number: 707788139
--------------------------------------------------------------------------------------------------------------------------
Security: P0448R103
Meeting Type: OGM
Meeting Date: 16-Mar-2017
Ticker:
ISIN: MX01AC100006
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
I PRESENTATION AND, IF DEEMED APPROPRIATE, Mgmt No vote
APPROVAL, IN ACCORDANCE WITH ARTICLE 47 OF
THE SECURITIES MARKET LAW, REGARDING A
TRANSACTION THROUGH WHICH ARCA CONTINENTAL
WILL CONTRIBUTE PRIMARILY ITS DRINKS AND
DAIRY PRODUCTS BUSINESSES AND COCA COLA
REFRESHMENTS USA, INC., A SUBSIDIARY OF THE
COCA COLA COMPANY, WILL CONTRIBUTE ITS
BUSINESS UNIT THAT COVERS THE TERRITORIES
OF THE STATE OF TEXAS AND CERTAIN PARTS OF
THE STATES OF OKLAHOMA, NEW MEXICO AND
ARKANSAS IN THE UNITED STATES, RESOLUTIONS
IN THIS REGARD
II DESIGNATION OF SPECIAL DELEGATES OF THE Mgmt No vote
GENERAL MEETING TO CARRY OUT AND FORMALIZE
THE RESOLUTIONS THAT ARE PASSED
III READING AND, IF DEEMED APPROPRIATE, Mgmt No vote
APPROVAL OF THE GENERAL MEETING MINUTES
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ARCA CONTINENTAL SAB DE CV, MEXICO Agenda Number: 707845763
--------------------------------------------------------------------------------------------------------------------------
Security: P0448R103
Meeting Type: OGM
Meeting Date: 27-Apr-2017
Ticker:
ISIN: MX01AC100006
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
I.I PRESENTATION AND, IF ANY, APPROVAL: OF THE Mgmt For For
REPORT OF THE GENERAL DIRECTOR PREPARED
PURSUANT TO ARTICLE 44, SECTION XI OF THE
LEY DEL MERCADO DE VALORES, REGARDING THE
OPERATIONS AND RESULTS OF THE COMPANY FOR
THE FISCAL YEAR ENDED DECEMBER 31, 2016,
ACCOMPANIED BY THE OPINION OF THE EXTERNAL
AUDITOR AND THE OPINION OF THE BOARD OF
DIRECTORS ON SUCH REPORT
I.II PRESENTATION AND, IF ANY, APPROVAL: THE Mgmt For For
REPORT OF THE BOARD OF DIRECTORS ON THE
OPERATIONS AND ACTIVITIES IN WHICH IT ACTED
IN ACCORDANCE WITH THE PROVISIONS OF LEY
DEL MERCADO DE VALORES, AS WELL AS IN
SECTION B) OF ARTICLE 172 OF THE LEY
GENERAL DE SOCIEDADES MERCANTILES
I.III PRESENTATION AND, IF ANY, APPROVAL: THE Mgmt For For
ANNUAL REPORT OF THE CHAIRMAN OF THE AUDIT
AND CORPORATE PRACTICES COMMITTEE. LECTURE
OF THE REPORT ON COMPLIANCE WITH TAX
OBLIGATIONS
II PROPOSED APPLICATION OF THE INCOME Mgmt For For
STATEMENT FOR THE 2016 FISCAL YEAR, WHICH
INCLUDES DECREASING AND PAYING A DIVIDEND
IN CASH, IN LOCAL CURRENCY, AT THE RATE OF
2.00 FOR EACH OF THE OUTSTANDING SHARES
III PROPOSAL WITH RESPECT TO THE MAXIMUM AMOUNT Mgmt Abstain Against
OF RESOURCES THAT CAN BE USED FOR THE
PURCHASE OF OWN SHARES
IV ELECTION OF THE MEMBERS OF THE BOARD OF Mgmt For For
DIRECTORS OF THE COMPANY, QUALIFICATION OF
ITS INDEPENDENCE IN TERMS OF ARTICLE 26 OF
THE LEY DEL MERCADO DE VALORES,
DETERMINATION OF ITS REMUNERATIONS AND
RELATED AGREEMENTS. ELECTION OF SECRETARIES
V DETERMINATION OF THE REMUNERATIONS OF THE Mgmt For For
MEMBERS OF THE VARIOUS COMMITTEES OF THE
BOARD OF DIRECTORS, AS WELL AS THE
APPOINTMENT OF THE CHAIRMAN OF THE AUDIT
AND CORPORATE PRACTICES COMMITTEE
VI APPOINTMENT OF DELEGATES Mgmt For For
VII LECTURE AND, IF ANY, APPROVAL OF THE Mgmt For For
MINUTES OF THE ASSEMBLY
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BERKSHIRE HATHAWAY INC. Agenda Number: 934542196
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Security: 084670702
Meeting Type: Annual
Meeting Date: 06-May-2017
Ticker: BRKB
ISIN: US0846707026
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1. DIRECTOR
WARREN E. BUFFETT Mgmt For For
CHARLES T. MUNGER Mgmt For For
HOWARD G. BUFFETT Mgmt For For
STEPHEN B. BURKE Mgmt For For
SUSAN L. DECKER Mgmt For For
WILLIAM H. GATES III Mgmt For For
DAVID S. GOTTESMAN Mgmt For For
CHARLOTTE GUYMAN Mgmt For For
THOMAS S. MURPHY Mgmt For For
RONALD L. OLSON Mgmt For For
WALTER SCOTT, JR. Mgmt For For
MERYL B. WITMER Mgmt For For
2. NON-BINDING RESOLUTION TO APPROVE THE Mgmt For For
COMPENSATION OF THE COMPANY'S NAMED
EXECUTIVE OFFICERS, AS DESCRIBED IN THE
2017 PROXY STATEMENT.
3. NON-BINDING RESOLUTION TO DETERMINE THE Mgmt 3 Years For
FREQUENCY (WHETHER ANNUAL, BIENNIAL OR
TRIENNIAL) WITH WHICH SHAREHOLDERS OF THE
COMPANY SHALL BE ENTITLED TO HAVE AN
ADVISORY VOTE ON EXECUTIVE COMPENSATION.
4. SHAREHOLDER PROPOSAL REGARDING POLITICAL Shr Against For
CONTRIBUTIONS.
5. SHAREHOLDER PROPOSAL REGARDING METHANE GAS Shr Against For
EMISSIONS.
6. SHAREHOLDER PROPOSAL REGARDING DIVESTING OF Shr Against For
INVESTMENTS IN COMPANIES INVOLVED WITH
FOSSIL FUELS.
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COCA COLA EMBONOR SA, SANTIAGO Agenda Number: 707931639
--------------------------------------------------------------------------------------------------------------------------
Security: P2862K135
Meeting Type: OGM
Meeting Date: 20-Apr-2017
Ticker:
ISIN: CLP3698K1338
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
I THE ANNUAL REPORT, BALANCE SHEET, FINANCIAL Mgmt No vote
STATEMENTS AND REPORT FROM THE OUTSIDE
AUDITING FIRM FOR THE 2016 FISCAL YEAR
II DISTRIBUTION OF PROFIT AND PAYMENT OF Mgmt No vote
DIVIDENDS
III ELECTION OF THE BOARD OF DIRECTORS Mgmt No vote
IV DETERMINATION OF THE COMPENSATION FOR THE Mgmt No vote
MEMBERS OF THE BOARD OF DIRECTORS FOR THE
2017 FISCAL YEAR
V DESIGNATION OF THE OUTSIDE AUDITING FIRM Mgmt No vote
AND OF THE RISK RATING AGENCIES FOR THE
2017 FISCAL YEAR
VI INFORMATION IN REGARD TO THE RESOLUTIONS OF Mgmt No vote
THE BOARD OF DIRECTORS THAT ARE RELATED TO
ACTS AND AGREEMENTS THAT ARE GOVERNED BY
TITLE XVI OF LAW 18,046
VII DETERMINATION OF THE PERIODICAL IN WHICH Mgmt No vote
THE SHAREHOLDER GENERAL MEETING CALL
NOTICES WILL BE PUBLISHED FOR THE 2017
FISCAL YEAR
VIII PRESENTATION OF THE GENERAL POLICY FOR THE Mgmt No vote
PAYMENT OF DIVIDENDS FOR FUTURE FISCAL
YEARS
IX ESTABLISHMENT OF COMPENSATION FOR THE Mgmt No vote
MEMBERS OF THE COMMITTEE OF DIRECTORS AND
OF ITS EXPENSE BUDGET FOR THE 2017 FISCAL
YEAR
X OTHER MATTERS OF INTEREST TO THE COMPANY OR Mgmt No vote
THAT ARE APPROPRIATE UNDER ITS BYLAWS AND
THE PERTINENT LEGAL PROVISIONS
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MICROSOFT CORPORATION Agenda Number: 934491224
--------------------------------------------------------------------------------------------------------------------------
Security: 594918104
Meeting Type: Annual
Meeting Date: 30-Nov-2016
Ticker: MSFT
ISIN: US5949181045
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A. ELECTION OF DIRECTOR: WILLIAM H. GATES III Mgmt For For
1B. ELECTION OF DIRECTOR: TERI L. LIST-STOLL Mgmt For For
1C. ELECTION OF DIRECTOR: G. MASON MORFIT Mgmt For For
1D. ELECTION OF DIRECTOR: SATYA NADELLA Mgmt For For
1E. ELECTION OF DIRECTOR: CHARLES H. NOSKI Mgmt For For
1F. ELECTION OF DIRECTOR: HELMUT PANKE Mgmt For For
1G. ELECTION OF DIRECTOR: SANDRA E. PETERSON Mgmt For For
1H. ELECTION OF DIRECTOR: CHARLES W. SCHARF Mgmt For For
1I. ELECTION OF DIRECTOR: JOHN W. STANTON Mgmt For For
1J. ELECTION OF DIRECTOR: JOHN W. THOMPSON Mgmt For For
1K. ELECTION OF DIRECTOR: PADMASREE WARRIOR Mgmt For For
2. ADVISORY VOTE TO APPROVE NAMED EXECUTIVE Mgmt For For
OFFICER COMPENSATION
3. RATIFICATION OF DELOITTE & TOUCHE LLP AS Mgmt For For
OUR INDEPENDENT AUDITOR FOR FISCAL YEAR
2017
4. APPROVAL OF AMENDMENT TO OUR AMENDED AND Mgmt For For
RESTATED ARTICLES OF INCORPORATION
5. APPROVAL OF FRENCH SUB PLAN UNDER THE 2001 Mgmt For For
STOCK PLAN
6. SHAREHOLDER PROPOSAL - REQUESTING CERTAIN Shr Against For
PROXY ACCESS BYLAW AMENDMENTS
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THE COCA-COLA COMPANY Agenda Number: 934538589
--------------------------------------------------------------------------------------------------------------------------
Security: 191216100
Meeting Type: Annual
Meeting Date: 26-Apr-2017
Ticker: KO
ISIN: US1912161007
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A. ELECTION OF DIRECTOR: HERBERT A. ALLEN Mgmt No vote
1B. ELECTION OF DIRECTOR: RONALD W. ALLEN Mgmt No vote
1C. ELECTION OF DIRECTOR: MARC BOLLAND Mgmt No vote
1D. ELECTION OF DIRECTOR: ANA BOTIN Mgmt No vote
1E. ELECTION OF DIRECTOR: RICHARD M. DALEY Mgmt No vote
1F. ELECTION OF DIRECTOR: BARRY DILLER Mgmt No vote
1G. ELECTION OF DIRECTOR: HELENE D. GAYLE Mgmt No vote
1H. ELECTION OF DIRECTOR: ALEXIS M. HERMAN Mgmt No vote
1I. ELECTION OF DIRECTOR: MUHTAR KENT Mgmt No vote
1J. ELECTION OF DIRECTOR: ROBERT A. KOTICK Mgmt No vote
1K. ELECTION OF DIRECTOR: MARIA ELENA Mgmt No vote
LAGOMASINO
1L. ELECTION OF DIRECTOR: SAM NUNN Mgmt No vote
1M. ELECTION OF DIRECTOR: JAMES QUINCEY Mgmt No vote
1N. ELECTION OF DIRECTOR: DAVID B. WEINBERG Mgmt No vote
2. ADVISORY VOTE TO APPROVE EXECUTIVE Mgmt No vote
COMPENSATION
3. ADVISORY VOTE ON THE FREQUENCY OF FUTURE Mgmt No vote
ADVISORY VOTES TO APPROVE EXECUTIVE
COMPENSATION
4. RATIFICATION OF THE APPOINTMENT OF ERNST & Mgmt No vote
YOUNG LLP AS INDEPENDENT AUDITORS
5. SHAREOWNER PROPOSAL REGARDING A HUMAN Shr No vote
RIGHTS REVIEW
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WAL-MART STORES, INC. Agenda Number: 934598713
--------------------------------------------------------------------------------------------------------------------------
Security: 931142103
Meeting Type: Annual
Meeting Date: 02-Jun-2017
Ticker: WMT
ISIN: US9311421039
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A. ELECTION OF DIRECTOR: JAMES I. CASH, JR. Mgmt For For
1B. ELECTION OF DIRECTOR: TIMOTHY P. FLYNN Mgmt For For
1C. ELECTION OF DIRECTOR: CARLA A. HARRIS Mgmt For For
1D. ELECTION OF DIRECTOR: THOMAS W. HORTON Mgmt For For
1E. ELECTION OF DIRECTOR: MARISSA A. MAYER Mgmt For For
1F. ELECTION OF DIRECTOR: C. DOUGLAS MCMILLON Mgmt For For
1G. ELECTION OF DIRECTOR: GREGORY B. PENNER Mgmt For For
1H. ELECTION OF DIRECTOR: STEVEN S REINEMUND Mgmt For For
1I. ELECTION OF DIRECTOR: KEVIN Y. SYSTROM Mgmt For For
1J. ELECTION OF DIRECTOR: S. ROBSON WALTON Mgmt For For
1K. ELECTION OF DIRECTOR: STEUART L. WALTON Mgmt For For
2. ADVISORY VOTE ON THE FREQUENCY OF FUTURE Mgmt 1 Year For
SHAREHOLDER ADVISORY VOTES TO APPROVE NAMED
EXECUTIVE OFFICER COMPENSATION
3. ADVISORY VOTE TO APPROVE NAMED EXECUTIVE Mgmt For For
OFFICER COMPENSATION
4. RATIFICATION OF ERNST & YOUNG LLP AS Mgmt For For
INDEPENDENT ACCOUNTANTS
5. REQUEST TO ADOPT AN INDEPENDENT CHAIRMAN Shr Against For
POLICY
6. SHAREHOLDER PROXY ACCESS Shr Against For
7. REQUEST FOR INDEPENDENT DIRECTOR WITH Shr Against For
ENVIRONMENTAL EXPERTISE
* Management position unknown
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
(Registrant) Cook & Bynum Funds Trust
By (Signature) /s/ Richard P. Cook
Name Richard P. Cook
Title President
Date 08/02/2017