As filed with the Securities and Exchange Commission on August 28, 2008
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: 811-21715
LEHMAN BROTHERS INSTITUTIONAL LIQUIDITY FUNDS
---------------------------------------------
(Exact Name of the Registrant as Specified in Charter)
605 Third Avenue, 2nd Floor
New York, New York 10158-0180
(Address of Principal Executive Offices - Zip Code)
Registrant's telephone number, including area code: (212) 476-8800
Peter E. Sundman, Chief Executive Officer
Lehman Brothers Institutional Liquidity Funds
605 Third Avenue, 2nd Floor
New York, New York 10158-0180
Arthur Delibert, Esq.
K&L Gates LLP
1601 K Street, N.W.
Washington, D.C. 20006-1600
(Names and Addresses of agents for service)
Date of fiscal year end: March 31, 2009
Date of reporting period: July 1, 2007 to June 30, 2008
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 (s.s.
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 on 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 of the Secretary, Securities of Exchange Commission, 100 F Street, NE,
Washington DC 20549-0609. The OMB has reviewed this collection of information
under the clearance requirements of 44 U.S.C. s. 3507.
ITEM 1. PROXY VOTING RECORD.
MONEY MARKET PORTFOLIO
The fund is a feeder fund that invests all of its assets in Money Market Master
Series, a series of Institutional Liquidity Trust (CIK #0001303625; file number
811-21649). The proxy voting record of that portfolio is shown below and can
also be found on the Securities and Exchange Commission's website, www.sec.gov.
PRIME PORTFOLIO
The fund is a feeder fund that invests all of its assets in Prime Master Series,
a series of Institutional Liquidity Trust (CIK #0001303625; file number
811-21649). The proxy voting record of that portfolio is shown below and can
also be found on the Securities and Exchange Commission's website, www.sec.gov.
TREASURY PORTFOLIO
The fund is a feeder fund that invests all of its assets in Treasury Master
Series, a series of Institutional Liquidity Trust (CIK #0001303625; file number
811-21649). The proxy voting record of that portfolio is shown below and can
also be found on the Securities and Exchange Commission's website, www.sec.gov.
GOVERNMENT PORTFOLIO
The fund is a feeder fund that invests all of its assets in Government Master
Series, a series of Institutional Liquidity Trust (CIK #0001303625; file number
811-21649). The proxy voting record of that portfolio is shown below and can
also be found on the Securities and Exchange Commission's website, www.sec.gov.
TREASURY RESERVES PORTFOLIO
The fund was not operational during the period from July 1, 2007 to June 30,
2008.
GOVERNMENT RESERVES PORTFOLIO
The fund is a feeder fund that invests all of its assets in Government Reserves
Master Series, a series of Institutional Liquidity Trust (CIK #0001303625; file
number 811-21649). The proxy voting record of that portfolio is shown below and
can also be found on the Securities and Exchange Commission's website,
www.sec.gov.
TAX-EXEMPT PORTFOLIO
The fund is a feeder fund that invests all of its assets in Tax-Exempt Master
Series, a series of Institutional Liquidity Trust (CIK #0001303625; file number
811-21649). The proxy voting record of that portfolio is shown below and can
also be found on the Securities and Exchange Commission's website, www.sec.gov.
MUNICIPAL PORTFOLIO
The fund is a feeder fund that invests all of its assets in Municipal Master
Series, a series of Institutional Liquidity Trust (CIK #0001303625; file number
811-21649). The proxy voting record of that portfolio is shown below and can
also be found on the Securities and Exchange Commission's website, www.sec.gov.
PROXIES FOR INSTITUTIONAL LIQUIDITY TRUST
MONEY MARKET MASTER SERIES
No proxies were received from July 1, 2007 to June 30, 2008.
PRIME MASTER SERIES
No proxies were received from July 1, 2007 to June 30, 2008.
TREASURY MASTER SERIES
No proxies were received from July 1, 2007 to June 30, 2008.
GOVERNMENT MASTER SERIES
No proxies were received from July 1, 2007 to June 30, 2008.
GOVERNMENT RESERVES MASTER SERIES
No proxies were received from July 1, 2007 to June 30, 2008.
TAX-EXEMPT MASTER SERIES
No proxies were received from July 1, 2007 to June 30, 2008.
MUNICIPAL MASTER SERIES
No proxies were received from July 1, 2007 to June 30, 2008.
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.
Lehman Brothers Institutional Liquidity Funds
By: /s/ Peter E. Sundman
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Peter E. Sundman
Chief Executive Officer
Date: August 22, 2008