ICA File Number: 811-10385
Reporting Period: 07/01/2003 - 06/30/2004
Pacific Funds
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act file number 811-10385
PACIFIC FUNDS
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(Exact name of registrant as specified in charter)
700 NEWPORT CENTER DR., NEWPORT BEACH, CA 92660
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(Address of principal executive offices)
Robin S. Yonis
Vice President and Investment Counsel of
Pacific Life Insurance Company
700 Newport Center Drive
Post Office Box 9000
NEWPORT BEACH, CA 92660
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(Name and address of agent for service)
Registrant's telephone number, including area code: (949) 219-6767
Date of fiscal year end: 3/31
Date of reporting period: 7/1/03 to 6/30/04
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.
Pacific Funds
By:
------------------------
Glenn S. Schafer*
Title: President, Pacific Funds
*By: /s/ ROBIN S. YONIS
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Robin S. Yonis,
as attorney-in-fact pursuant
to power of attorney previously
filed.
Date: August 31, 2004
Page 1
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PORTFOLIO OPTIMIZATION MODEL A
The registrant did not hold any portfolio securities with respect to which the
registrant was entitled to vote during the period from July 1, 2003 through June
30, 2004.
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PORTFOLIO OPTIMIZATION MODEL B
The registrant did not hold any portfolio securities with respect to which the
registrant was entitled to vote during the period from July 1, 2003 through June
30, 2004.
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PORTFOLIO OPTIMIZATION MODEL C
The registrant did not hold any portfolio securities with respect to which the
registrant was entitled to vote during the period from July 1, 2003 through June
30, 2004.
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PORTFOLIO OPTIMIZATION MODEL D
The registrant did not hold any portfolio securities with respect to which the
registrant was entitled to vote during the period from July 1, 2003 through June
30, 2004.
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PORTFOLIO OPTIMIZATION MODEL E
The registrant did not hold any portfolio securities with respect to which the
registrant was entitled to vote during the period from July 1, 2003 through June
30, 2004.
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
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05/11/04 - A 3M CO *MMM* 88579Y101 03/12/04 1,500
1 Elect Directors For Split Mgmt
1.1 Elect Director Edward A. Brennan ---
Withhold
1.2 Elect Director Michael L. Eskew --- For
1.3 Elect Director W. James McNerney, Jr.
--- Withhold
1.4 Elect Director Kevin W. Sharer ---
Withhold
2 Ratify Auditors For For Mgmt
3 Increase Authorized Common Stock For For Mgmt
4 Separate Chairman and CEO Positions Against Against ShrHoldr
01/22/04 - A AIR PRODUCTS & CHEMICALS, INC. *APD* 009158106 11/28/03 1,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
04/30/04 - A ALCOA INC. *AA* 013817101 02/02/04 4,000
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Report on Pay Disparity Against Against ShrHoldr
4 Submit Severance Agreement Against Against ShrHoldr
(Change-in-Control) to Shareholder
Vote
04/28/04 - A ALLERGAN, INC. *AGN* 018490102 03/08/04 2,100
1 Elect Directors For Split Mgmt
1.1 Elect Director Handel E. Evans --- For
1.2 Elect Director Michael R. Gallagher ---
For
1.3 Elect Director Gavin S. Herbert ---
Withhold
1.4 Elect Director Stephen J. Ryan --- For
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against Against ShrHoldr
4 Separate Chairman and CEO Positions Against Against ShrHoldr
04/26/04 - A AMERICAN EXPRESS CO. *AXP* 025816109 02/27/04 6,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Establish Term Limits for Directors Against Against ShrHoldr
4 Report on Political Against Against ShrHoldr
Contributions/Activities
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Mgmt Rec - Company Management Recommended Vote Page 1
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
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05/19/04 - A AMERICAN INTERNATIONAL GROUP, INC. 026874107 03/26/04 7,600
*AIG*
1 Elect Directors For For Mgmt
2 Approve Executive Incentive Bonus For For Mgmt
Plan
3 Approve Non-Employee Director Stock For For Mgmt
Option Plan
4 Ratify Auditors For For Mgmt
5 Report on Political Against Against ShrHoldr
Contributions/Activities
6 Divest from Tobacco Equities Against Abstain ShrHoldr
7 Link Executive Compensation to Against Against ShrHoldr
Predatory Lending
05/13/04 - A AMGEN, INC. *AMGN* 031162100 03/19/04 5,500
1 Elect Directors For Split Mgmt
1.1 Elect Director Frank J. Biondi, Jr. --- For
1.2 Elect Director Jerry D. Choate ---
Withhold
1.3 Elect Director Frank C. Herringer --- For
1.4 Elect Director Gilbert S. Omenn --- For
2 Ratify Auditors For For Mgmt
3 Prepare Glass Ceiling Report Against Abstain ShrHoldr
4 Expense Stock Options Against Against ShrHoldr
03/09/04 - A ANALOG DEVICES, INC. *ADI* 032654105 01/16/04 4,000
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Ratify Auditors For For Mgmt
04/28/04 - A ANHEUSER-BUSCH COMPANIES, INC. *BUD* 035229103 03/01/04 2,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
03/24/04 - A APPLIED MATERIALS, INC. *AMAT* 038222105 01/30/04 8,600
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
05/06/04 - A AVON PRODUCTS, INC. *AVP* 054303102 03/15/04 1,700
1 Elect Directors For Split Mgmt
1.1 Elect Director Edward T. Fogarty --- For
1.2 Elect Director Susan J. Kropf --- For
1.3 Elect Director Maria Elena Lagomasino
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Mgmt Rec - Company Management Recommended Vote Page 2
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
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--- Withhold
2 Ratify Auditors For For Mgmt
3 Increase Authorized Common Stock For For Mgmt
4 Declassify the Board of Directors Against For ShrHoldr
5 Report on Feasibility of Removing Against Abstain ShrHoldr
Parabens from Company Products
6 Report on Feasibility of Removing Against Abstain ShrHoldr
Dibutyl Phthalate from Company
Products
03/17/04 - S BANK OF AMERICA CORP. *BAC* 060505104 01/26/04 1,900
1 Approve Merger Agreement For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Increase Authorized Common Stock For For Mgmt
4 Adjourn Meeting For Against Mgmt
05/26/04 - A BANK OF AMERICA CORP. *BAC* 060505104 04/07/04 2,300
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Change Date of Annual Meeting Against Against ShrHoldr
4 Adopt Nomination Procedures for the Against Against ShrHoldr
Board
5 Charitable Contributions Against Against ShrHoldr
6 Establish Independent Committee to Against Against ShrHoldr
Review Mutual Fund Policy
7 Adopt Standards Regarding Privacy Against Against ShrHoldr
and Information Security
06/24/04 - A BEST BUY CO., INC. *BBY* 086516101 04/26/04 3,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
10/06/03 - S BOSTON SCIENTIFIC CORP. *BSX* 101137107 08/27/03 2,800
1 Increase Authorized Common Stock For For Mgmt
05/11/04 - A BOSTON SCIENTIFIC CORP. *BSX* 101137107 03/19/04 8,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
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Mgmt Rec - Company Management Recommended Vote Page 3
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
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04/22/04 - A CANADIAN NATIONAL RAILWAY CO. *CNR.* 136375102 03/15/04 3,150
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
04/22/04 - A CARNIVAL CORP. *CCL* 143658300 02/23/04 2,840
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 TO AUTHORIZE THE AUDIT For For Mgmt
COMMITTEE OF CARNIVAL PLC TO
AGREE THE REMUNERATION OF
THE INDEPENDENT AUDITORS.
4 TO RECEIVE THE ACCOUNTS AND For For Mgmt
REPORTS FOR CARNIVAL PLC FOR
THE FINANCIAL PERIOD ENDED
NOVEMBER 30, 2003.
5 TO APPROVE THE DIRECTORS For For Mgmt
REMUNERATION REPORT OF
CARNIVAL PLC.
6 TO APPROVE LIMITS ON THE For For Mgmt
AUTHORITY TO ALLOT SHARES BY
CARNIVAL PLC.
7 TO APPROVE THE DISAPPLICATION For For Mgmt
OF PRE-EMPTION RIGHTS FOR
CARNIVAL PLC SHARES.
11/11/03 - A CISCO SYSTEMS, INC. *CSCO* 17275R102 09/12/03 19,000
1 Elect Directors For For Mgmt
1.1 Elect Director Carol A. Bartz --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Larry R. Carter --- For
1.3 Elect Director John T. Chambers --- For
1.4 Elect Director Dr. James F. Gibbons --- For
1.5 Elect Director Dr. John L. Hennessy --- For
1.6 Elect Director Roderick C. McGeary --- For
1.7 Elect Director James C. Morgan --- For
1.8 Elect Director John P. Morgridge --- For
1.9 Elect Director Donald T. Valentine --- For
1.10 Elect Director Steven M. West --- For
1.11 Elect Director Jerry Yang --- For
2 Amend Employee Stock Purchase Plan For For Mgmt
ISS APPROVES OF THIS ITEM BECAUSE THE PLAN COMPLIES
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Mgmt Rec - Company Management Recommended Vote Page 4
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
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WITH SECTION 423 OF THE INTERNAL REVENUE CODE, THE
NUMBER OF SHARES BEING ADDED IS RELATIVELY
CONSERVATIVE, THE OFFERING PERIOD IS REASONABLE, AND
THERE ARE LIMITATIONS ON PARTICIPATION.
3 Ratify Auditors For For Mgmt
SHAREHOLDER PROPOSALS
4 Report on Company Products Used by the Against Against ShrHoldr
Government to Monitor the Internet
ISS GENERALLY SUPPORTS PROPOSALS THAT SEEK TO
PROVIDE SHAREHOLDERS WITH GREATER DISCLOSURE
REGARDING THE RISKS ASSOCIATED WITH THEIR
INVESTMENT. IN THIS CASE, WE BELIEVE THAT
GENERATING SUCH A REPORT COULD BE TIME CONSUMING
AND COSTLY TO THE COMPANY WITHOUT PROVIDING
SIGNIFICANT VALUE TO SHAREHOLDERS. THE PRODUCTS
PROVIDED BY THE COMPANY ARE SIMILAR TO THOSE
PROVIDED BY PEERS AND COMPETITORS IN THE
TECHNOLOGY INDUSTRY. AS SUCH, REQUIRING
DISCLOSURE THAT MAY CAUSE THE COMPANY TO BREAK
CONTRACTUAL OBLIGATIONS OR REQUIRE BURDENSOME
RESEARCH ON BEHALF OF THIRD PARTY RESELLERS COULD
PLACE THE COMPANY AT A COMPETITIVE DISADVANTAGE
AND MAY NEGATIVELY AFFECT SHAREHOLDER VALUE.
SINCE THE PROPOSED RESOLUTION MAY RESULT IN
SUBSTANTIAL COSTS AND TIME EXPENDITURES TO THE
COMPANY AND MAY NOT PROVIDE USEFUL INFORMATION TO
SHAREHOLDERS, WE DO NOT SUPPORT THIS PROPOSAL.
5 Report on Pay Disparity Against Against ShrHoldr
WHEN REVIEWING REQUESTS FOR REPORTS ON EXECUTIVE
COMPENSATION, ISS TAKES INTO CONSIDERATION THE SCOPE OF
THE REQUESTED REPORT, THE COMPANY'S INTERNAL PROCEDURES
FOR DETERMINING COMPENSATION, AND THE COMPANY'S HISTORICAL
COMPENSATION PRACTICES. AS WITH ALL REPORT REQUESTS, ISS
CAREFULLY WEIGHS THE POTENTIAL USEFULNESS OF THE REQUESTED
REPORT AGAINST THE COSTS OF PREPARATION AND WHETHER THE
REPORT WOULD BE DUPLICATIVE OF EXISTING DISCLOSURE. IN THE
CASE OF THIS PROPOSAL, WE NOTE THAT THE PROPONENTS ARE
SPECIFICALLY ASKING FOR A COMPARISON OF THE COMPENSATION
OF THE COMPANY'S TOP EXECUTIVES WITH THAT OF ITS LOWEST
COMPENSATED WORKERS ON A WORLDWIDE BASIS AND A REPORT ON
ANY RECOMMENDATIONS REGARDING CHANGING THE CURRENT LEVEL
OF EXECUTIVE PAY. THOUGH THE DISPARITY BETWEEN THE PAY
LEVELS OF ENTRY-LEVEL AND EXECUTIVE EMPLOYEES HAS
UNDOUBTEDLY GROWN AT MANY U.S. COMPANIES OVER THE PAST FEW
DECADES, WE NOTE THAT IT IS UNLIKELY THAT THE REQUESTED
REPORT WOULD PRODUCE A MEANINGFUL GAUGE FOR SHAREHOLDERS
OF WHETHER THE COMPANY'S COMPENSATION POLICIES AND PAY
LEVELS ARE APPROPRIATE AND EFFECTIVE FOR EMPLOYEES AT THE
SENIOR EXECUTIVE LEVEL. WHILE WE
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Mgmt Rec - Company Management Recommended Vote Page 5
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
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UNDERSTAND THE PROPONENTS' CONCERNS WITH ESCALATING
CEO PAY, WE NOTE THAT THE COMPENSATION AND
MANAGEMENT DEVELOPMENT COMMITTEE IS COMPOSED
ENTIRELY OF INDEPENDENT DIRECTORS. BASED ON OUR
CONCERNS REGARDING THE SCOPE OF THE PROPOSAL, THE
INDEPENDENCE OF THE COMPANY'S COMPENSATION COMMITTEE, WE
DO NOT BELIEVE THAT PREPARATION OF THE REQUESTED REPORT
WOULD YIELD MEANINGFUL INFORMATION TO SHAREHOLDERS
REGARDING THE EFFICACY OF THE COMPANY'S EXECUTIVE
COMPENSATION POLICIES AND PRACTICES.
04/20/04 - A CITIGROUP INC. *C* 172967101 02/27/04 16,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Limit Executive Compensation Against Against ShrHoldr
4 Report on Political Against Against ShrHoldr
Contributions/Activities
5 Prohibit Awards to Executives Against Against ShrHoldr
6 Separate Chairman and CEO Positions Against Against ShrHoldr
04/28/04 - A CLEAR CHANNEL COMMUNICATIONS, INC. 184502102 03/08/04 2,700
*CCU*
1 Elect Directors For Split Mgmt
1.1 Elect Director Alan D. Feld --- Withhold
1.2 Elect Director Thomas O. Hicks --- For
1.3 Elect Director Perry J. Lewis --- For
1.4 Elect Director L. Lowry Mays --- For
1.5 Elect Director Mark P. Mays --- For
1.6 Elect Director Randall T. Mays --- For
1.7 Elect Director B.J. Mccombs --- For
1.8 Elect Director Phyllis B. Riggins --- For
1.9 Elect Director Theordore H. Strauss --- For
1.10 Elect Director J.C. Watts --- For
1.11 Elect Director John H. Williams --- For
2 Ratify Auditors For For Mgmt
05/07/04 - A COLGATE-PALMOLIVE CO. *CL* 194162103 03/09/04 2,900
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Submit Severance Agreement Against Against ShrHoldr
(Change-in-Control) to Shareholder Vote
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Mgmt Rec - Company Management Recommended Vote Page 6
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
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5 Adopt ILO Based Code of Conduct Against Abstain ShrHoldr
6 Separate Chairman and CEO Positions Against Against ShrHoldr
05/04/04 - A DANAHER CORP. *DHR* 235851102 03/10/04 2,000
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Stock Option Plan For For Mgmt
4 Develop Charter Language on Board Against Against ShrHoldr
Diversity
07/18/03 - A DELL INC. *DELL* 247025109 05/23/03 6,100
1 Elect Directors For For Mgmt
1.1 Elect Director Michael A. Miles --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Alex J. Mandl --- For
1.3 Elect Director Morton L. Topfer --- For
2 Declassify the Board of Directors For For Mgmt
ISS COMMENDS MANAGEMENT FOR SUBMITTING THIS PROPOSAL,
WHICH DEMONSTRATES A COMMITMENT TO SHAREHOLDERS' INTERESTS.
3 Change Company Name For For Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
THE PERFORMANCE MEASURES INCLUDED UNDER THE PLAN
ARE APPROPRIATE FOR THE COMPANY GIVEN ITS LINE OF
BUSINESS, LONG-TERM STRATEGIC OBJECTIVES, AND
INDUSTRY-SPECIFIC MEASURES FOR ASSESSING MARKET
COMPETITIVENESS. ADDITIONALLY, THE PLAN IS
ADMINISTERED BY A COMMITTEE OF INDEPENDENT
OUTSIDERS WHO MUST CERTIFY ATTAINMENT OF THESE
OBJECTIVE, MEASURABLE PERFORMANCE GOALS BEFORE
CASH AWARDS ARE PAID TO PARTICIPANTS. MOREOVER,
PRESERVATION OF THE FULL DEDUCTIBILITY OF ALL
COMPENSATION PAID REDUCES THE COMPANY'S CORPORATE
TAX OBLIGATION.
04/23/04 - A DOMINION RESOURCES, INC. *D* 25746U109 02/27/04 1,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Submit Executive Compensation to Vote Against Against ShrHoldr
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Mgmt Rec - Company Management Recommended Vote Page 7
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
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04/28/04 - A E.I. DU PONT DE NEMOURS & CO. *DD* 263534109 03/09/04 1,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Report on Executive Ties to Government Against Against ShrHoldr
4 Adopt and Report on a Code of Corporate Against Abstain ShrHoldr
Conduct
5 Limit Executive Compensation Against Against ShrHoldr
06/24/04 - A EBAY INC. *EBAY* 278642103 04/26/04 1,850
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Amend Stock Option Plan For For Mgmt
4 Increase Authorized Common Stock For For Mgmt
5 Ratify Auditors For For Mgmt
6 Expense Stock Options Against Against ShrHoldr
05/05/04 - A EMC CORP. *EMC* 268648102 03/08/04 16,800
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Ratify Auditors For For Mgmt
5 Limit Executive Compensation Against Against ShrHoldr
05/11/04 - A ENSCO INTERNATIONAL, INC. *ESV* 26874Q100 03/15/04 4,200
1 Elect Directors For For Mgmt
05/26/04 - A EXXON MOBIL CORP. *XOM* 30231G102 04/05/04 14,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Non-Employee Director Restricted For For Mgmt
Stock Plan
4 Affirm Political Nonpartisanship Against Against ShrHoldr
5 Report on Political Contributions/Activities Against Against ShrHoldr
6 Report on Equatorial Guinea Against Abstain ShrHoldr
7 Separate Chairman and CEO Positions Against Against ShrHoldr
8 Prohibit Awards to Executives Against Against ShrHoldr
9 Report on Stock Option Distribution by Race Against Abstain ShrHoldr
and Gender
10 Amend EEO Statement to Include Reference to Against Abstain ShrHoldr
Sexual Orientation
11 Report on Climate Change Research Against Abstain ShrHoldr
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Mgmt Rec - Company Management Recommended Vote Page 8
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
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05/25/04 - A FANNIE MAE *FNM* 313586109 04/06/04 3,750
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Provide for Cumulative Voting Against For ShrHoldr
03/23/04 - A FIFTH THIRD BANCORP *FITB* 316773100 01/30/04 1,900
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
4 Adopt Sexual Orientation Non-Discrimination None For ShrHoldr
Policy
10/28/03 - S FIRST DATA CORP. *FDC* 319963104 09/08/03 3,800
1 Approve Merger Agreement For For Mgmt
CONCLUSION: THE DEAL HAS A STRONG STRATEGIC
RATIONALE: THE COMBINED COMPANY WOULD HAVE A
DOMINANT POSITION IN THE DEBIT CARD MARKET AND IS
EXPECTED TO GENERATE ANNUAL SYNERGIES OF $230
MILLION BY 2005. THE PREMIUM PAID FOR CONCORD IS
STILL BELOW CONCORD'S VALUATION WITH SYNERGIES
ACCORDING TO THE ADVISORS' OPINION AND THE DEAL
IS EXPECTED TO BE ACCRETIVE IN 2005. WE RECOMMEND
IN FAVOR OF THE TRANSACTION.
05/19/04 - A FIRST DATA CORP. *FDC* 319963104 03/22/04 6,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
04/06/04 - A FISERV, INC. *FISV* 337738108 02/13/04 3,500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
08/11/03 - A FOREST LABORATORIES, INC. *FRX* 345838106 06/20/03 2,200
1 Elect Directors For Split Mgmt
1.1 Elect Director Howard Solomon --- Withhold
WE RECOMMEND A VOTE FOR THE DIRECTORS WITH THE EXCEPTIONS
OF PHILLIP M. SATOW, KENNETH E. GOODMAN, AND HOWARD
SOLOMON. WE RECOMMEND THAT SHAREHOLDERS WITHHOLD VOTES
FROM PHILLIP M. SATOW FOR STANDING AS AN AFFILIATED
OUTSIDER ON THE AUDIT COMMITTEE AND PHILLIP M. SATOW,
KENNETH E.
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Mgmt Rec - Company Management Recommended Vote Page 9
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
GOODMAN, AND HOWARD SOLOMON FOR FAILURE TO
ESTABLISH AN INDEPENDENT NOMINATING COMMITTEE.
1.2 Elect Director William J. Candee, III ---
For
1.3 Elect Director George S. Cohan --- For
1.4 Elect Director Dan L. Goldwasser --- For
1.5 Elect Director Lester B. Salans, M.D. ---
For
1.6 Elect Director Kenneth E. Goodman ---
Withhold
1.7 Elect Director Phillip M. Satow --- Withhold
2 Increase Authorized Common Stock For Against Mgmt
3 Ratify Auditors For For Mgmt
04/27/04 - A FORTUNE BRANDS, INC. *FO* 349631101 02/27/04 1,550
1 Elect Directors For Withhold Mgmt
2 Ratify Auditors For For Mgmt
3 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
05/21/04 - A FPL GROUP, INC. *FPL* 302571104 03/16/04 1,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
5 Approve Executive Incentive Bonus Plan For For Mgmt
6 Increase Authorized Common Stock For For Mgmt
01/29/04 - A FRANKLIN RESOURCES, INC. *BEN* 354613101 12/01/03 1,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Amend Executive Incentive Bonus Plan For For Mgmt
04/28/04 - A GENERAL ELECTRIC CO. *GE* 369604103 03/01/04 18,100
1 Elect Directors For Split Mgmt
1.1 Elect Director James I. Cash, Jr. --- For
1.2 Elect Director Dennis D. Dammerman --- For
1.3 Elect Director Ann M. Fudge --- For
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Mgmt Rec - Company Management Recommended Vote Page 10
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.4 Elect Director Claudio X. Gonzalez ---
Withhold
1.5 Elect Director Jeffrey R. Immelt --- For
1.6 Elect Director Andrea Jung --- For
1.7 Elect Director Alan G. Lafley --- For
1.8 Elect Director Kenneth G. Langone --- For
1.9 Elect Director Ralph S. Larsen --- For
1.10 Elect Director Rochelle B. Lazarus --- For
1.11 Elect Director Sam Nunn --- For
1.12 Elect Director Roger S. Penske --- For
1.13 Elect Director Robert J. Swieringa --- For
1.14 Elect Director Douglas A. Warner III --- For
1.15 Elect Director Robert C. Wright --- For
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
4 Provide for Cumulative Voting Against Against ShrHoldr
5 Eliminate Animal Testing Against Against ShrHoldr
6 Report on Nuclear Fuel Storage Risks Against Against ShrHoldr
7 Report on PCB Clean-up Against Abstain ShrHoldr
8 Report on Foreign Outsourcing Against Against ShrHoldr
9 Prepare Sustainability Report Against Against ShrHoldr
10 Limit Composition of Management Development Against Against ShrHoldr
and Compensation Committee to Independent
Directors
11 Report on Pay Disparity Against Against ShrHoldr
12 Limit Awards to Executives Against Against ShrHoldr
13 Limit Board Service for Other Companies Against Against ShrHoldr
14 Separate Chairman and CEO Positions Against Against ShrHoldr
15 Hire Advisor/Maximize Shareholder Value Against Against ShrHoldr
16 Adopt a Retention Ratio for Executives and Against Against ShrHoldr
Directors
17 Require 70% to 80% Independent Board Against Against ShrHoldr
18 Report on Political Contributions/Activities Against Against ShrHoldr
09/10/03 - A H&R BLOCK, INC. *HRB* 093671105 07/08/03 1,100
1 Elect Directors For For Mgmt
1.1 Elect Director G. Kenneth Baum --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Henry F. Frigon --- For
1.3 Elect Director Roger W. Hale --- For
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Mgmt Rec - Company Management Recommended Vote Page 11
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
2 Amend Omnibus Stock Plan For For Mgmt
VOTE RECOMMENDATION THE TOTAL COST OF THE COMPANY'S PLANS
OF 7.08 PERCENT IS WITHIN THE ALLOWABLE CAP FOR THIS
COMPANY OF 10.10 PERCENT.
3 Ratify Auditors For For Mgmt
05/27/04 - A HOME DEPOT, INC. (THE) *HD* 437076102 03/29/04 10,600
1 Elect Directors For Split Mgmt
1.1 Elect Director Gregory D. Brenneman --- For
1.2 Elect Director Richard H. Brown --- For
1.3 Elect Director John L. Clendenin --- For
1.4 Elect Director Berry R. Cox --- For
1.5 Elect Director Claudio X. Gonzalez ---
Withhold
1.6 Elect Director Milledge A. Hart, III --- For
1.7 Elect Director Bonnie G. Hill --- For
1.8 Elect Director Kenneth G. Langone --- For
1.9 Elect Director Robert L. Nardelli --- For
1.10 Elect Director Roger S. Penske --- For
2 Ratify Auditors For For Mgmt
3 Establish Term Limits for Directors Against Against ShrHoldr
4 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
5 Performance- Based/Indexed Options Against Against ShrHoldr
6 Adopt ILO Based Code of Conduct Against Abstain ShrHoldr
7 Submit Severance Agreement Against Against ShrHoldr
(Change-in-Control) to Shareholder Vote
8 Require Affirmative Vote of the Majority of Against Against ShrHoldr
the Shares to Elect Directors
06/02/04 - A INGERSOLL-RAND COMPANY LIMITED *IR* G4776G101 04/02/04 3,150
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 ADOPTION OF AMENDED AND RESTATED INCENTIVE For For Mgmt
STOCK PLAN OF 1998.
3 APPROVAL OF AMENDED AND RESTATED BYE-LAWS. For For Mgmt
4 Ratify Auditors For For Mgmt
5 SHAREHOLDER PROPOSAL TO DECLASSIFY THE Against For ShrHoldr
BOARD OF DIRECTORS.
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Mgmt Rec - Company Management Recommended Vote Page 12
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
6 SHAREHOLDER PROPOSAL TO CHANGE THE COMPANY Against Against ShrHoldr
S JURISDICTION OF INCORPORATION.
7 SHAREHOLDER PROPOSAL TO REQUIRE THE Against Against ShrHoldr
SEPARATION OF THE CHIEF EXECUTIVE OFFICER
AND THE CHAIR OF THE BOARD.
05/19/04 - A INTEL CORP. *INTC* 458140100 03/22/04 16,700
1 Elect Directors For Split Mgmt
1.1 Elect Director Craig R. Barrett --- For
1.2 Elect Director Charlene Barshefsky --- For
1.3 Elect Director E. John P. Browne --- For
1.4 Elect Director Andrew S. Grove --- For
1.5 Elect Director D. James Guzy --- Withhold
1.6 Elect Director Reed E. Hundt --- For
1.7 Elect Director Paul S. Otellini --- For
1.8 Elect Director David S. Pottruck --- For
1.9 Elect Director Jane E. Shaw --- For
1.10 Elect Director John L. Thornton --- For
1.11 Elect Director David B. Yoffie --- For
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Expense Stock Options Against Against ShrHoldr
5 Limit/Prohibit Awards to Executives Against Against ShrHoldr
6 Performance- Based/Indexed Options Against Against ShrHoldr
04/27/04 - A INTERNATIONAL BUSINESS MACHINES CORP. 459200101 02/27/04 2,500
*IBM*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Ratify Auditors for the Company's Business For For Mgmt
Consulting Services Unit
4 Approve Executive Incentive Bonus Plan For For Mgmt
5 Provide for Cumulative Voting Against For ShrHoldr
6 Amend Pension and Retirement Medical Against Against ShrHoldr
Insurance Plans
7 Submit Executive Compensation to Vote Against Against ShrHoldr
8 Expense Stock Options Against Against ShrHoldr
9 Limit Awards to Executives Against Against ShrHoldr
10 China Principles Against Abstain ShrHoldr
11 Report on Political Contributions/Activities Against Against ShrHoldr
12 Report on Executive Compensation Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 13
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
03/02/04 - A INTERNATIONAL GAME TECHNOLOGY *IGT* 459902102 01/02/04 3,640
1 Elect Directors For Split Mgmt
1.1 Elect Director G. Thomas Baker --- For
1.2 Elect Director Neil Barsky --- For
1.3 Elect Director Robert A. Bittman --- For
1.4 Elect Director Richard R. Burt --- For
1.5 Elect Director Leslie S. Heisz --- For
1.6 Elect Director Robert A. Mathewson --- For
1.7 Elect Director Thomas J. Matthews --- For
1.8 Elect Director Robert Miller --- Withhold
1.9 Elect Director Frederick B. Rentschler ---
For
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For For Mgmt
04/22/04 - A JOHNSON & JOHNSON *JNJ* 478160104 02/24/04 3,500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Cease Charitable Contributions Against Against ShrHoldr
05/25/04 - A JP MORGAN CHASE & CO. *JPM* 46625H100 04/02/04 11,700
1 Approve Merger Agreement For For Mgmt
2 Elect Directors For For Mgmt
3 Ratify Auditors For For Mgmt
4 Amend Executive Incentive Bonus Plan For For Mgmt
5 Adjourn Meeting For Against Mgmt
6 Establish Term Limits for Directors Against Against ShrHoldr
7 Charitable Contributions Against Against ShrHoldr
8 Political Contributions Against Against ShrHoldr
9 Separate Chairman and CEO Positions Against Against ShrHoldr
10 Provide Adequate Disclosure for over the Against Against ShrHoldr
counter Derivatives
11 Auditor Independence Against Against ShrHoldr
12 Submit Non-Employee Director Compensation Against Against ShrHoldr
to Vote
13 Report on Pay Disparity Against Abstain ShrHoldr
11/05/03 - A KLA-TENCOR CORP. *KLAC* 482480100 09/15/03 2,100
1.a Elect Director H. Raymond Bingham For For Mgmt
WE RECOMMEND A VOTE FOR THE DIRECTORS.
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Mgmt Rec - Company Management Recommended Vote Page 14
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.b Elect Director Robert T. Bond For For Mgmt
1.c Elect Director Richard J. Elkus, Jr. For For Mgmt
1.d Elect Director Michael E. Marks For For Mgmt
2 Ratify Auditors For For Mgmt
11/05/03 - A LINEAR TECHNOLOGY CORP. *LLTC* 535678106 09/08/03 3,450
1 Elect Directors For Split Mgmt
1.1 Elect Director Robert H. Swanson, Jr. ---
Withhold
WE RECOMMEND A VOTE FOR THE DIRECTORS WITH THE EXCEPTION
OF INSIDER ROBERT H. SWANSON, JR. WE RECOMMEND THAT
SHAREHOLDERS WITHHOLD VOTES FROM ROBERT H. SWANSON, JR.,
FOR FAILURE TO ESTABLISH AN INDEPENDENT NOMINATING
COMMITTEE.
1.2 Elect Director David S. Lee --- For
1.3 Elect Director Leo T. McCarthy --- For
1.4 Elect Director Richard M. Moley --- For
1.5 Elect Director Thomas S. Volpe --- For
2 Ratify Auditors For For Mgmt
05/03/04 - A MBNA CORP. *KRB* 55262L100 02/13/04 7,100
1 Elect Directors For Split Mgmt
1.1 Elect Director James H. Berick --- Withhold
1.2 Elect Director Benjamin R. Civiletti ---
Withhold
1.3 Elect Director Bruce L. Hammonds ---
Withhold
1.4 Elect Director William L. Jews --- For
1.5 Elect Director Randolph D. Lerner ---
Withhold
1.6 Elect Director Stuart L. Markowitz --- For
1.7 Elect Director William B. Milstead --- For
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against Against ShrHoldr
4 Require Majority of Independent Directors Against Against ShrHoldr
on Board
05/20/04 - A MCDONALD'S CORP. *MCD* 580135101 03/22/04 7,000
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
4 Approve/Amend Executive Incentive Bonus Plan For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 15
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
08/28/03 - A MEDTRONIC, INC. *MDT* 585055106 07/03/03 4,000
1 Elect Directors For Split Mgmt
1.1 Elect Director Richard H. Anderson --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS WITH THE EXCEPTION
OF GORDON M. SPRENGER. WE RECOMMEND THAT SHAREHOLDERS
WITHHOLD VOTES FROM GORDON M. SPRENGER FOR STANDING AS AN
AFFILIATED OUTSIDER ON THE COMPENSATION COMMITTEE.
1.2 Elect Director Michael R. Bonsignore --- For
1.3 Elect Director Gordon M. Sprenger ---
Withhold
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
VOTE RECOMMENDATION THE TOTAL COST OF THE
COMPANY'S PLANS OF 6.67 PERCENT IS WITHIN THE
ALLOWABLE CAP FOR THIS COMPANY OF 12.48 PERCENT.
ADDITIONALLY, THIS PLAN EXPRESSLY FORBIDS
REPRICING.
4 Approve Executive Incentive Bonus Plan For For Mgmt
THE PERFORMANCE MEASURES INCLUDED UNDER THE PLAN ARE
APPROPRIATE FOR THE COMPANY GIVEN ITS LINE OF BUSINESS,
LONG-TERM STRATEGIC OBJECTIVES, AND INDUSTRY-SPECIFIC
MEASURES FOR ASSESSING MARKET COMPETITIVENESS.
ADDITIONALLY, THE PLAN IS ADMINISTERED BY A COMMITTEE OF
INDEPENDENT OUTSIDERS WHO MUST CERTIFY ATTAINMENT OF THESE
OBJECTIVE, MEASURABLE PERFORMANCE GOALS BEFORE CASH AWARDS
ARE PAID TO PARTICIPANTS. MOREOVER, PRESERVATION OF THE
FULL DEDUCTIBILITY OF ALL COMPENSATION PAID REDUCES THE
COMPANY'S CORPORATE TAX OBLIGATION.
04/23/04 - A MERRILL LYNCH & CO., INC. *MER* 590188108 02/24/04 5,300
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Restore or Provide for Cumulative Voting Against For ShrHoldr
4 Separate Chairman and CEO Positions Against Against ShrHoldr
08/15/03 - A MICROCHIP TECHNOLOGY, INC. *MCHP* 595017104 06/20/03 2,900
1 Elect Directors For For Mgmt
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Mgmt Rec - Company Management Recommended Vote Page 16
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.1 Elect Director Steve Sanghi --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Albert J. Hugo-Martinez ---
For
1.3 Elect Director L.B. Day --- For
1.4 Elect Director Matthew W. Chapman --- For
1.5 Elect Director Wade F. Meyercord --- For
2 Amend Employee Stock Purchase Plan For For Mgmt
ISS APPROVES OF THIS ITEM BECAUSE THE PLAN COMPLIES WITH
SECTION 423 OF THE INTERNAL REVENUE CODE, THE NUMBER OF
SHARES BEING ADDED IS RELATIVELY CONSERVATIVE, THE
OFFERING PERIOD IS REASONABLE, AND THERE ARE LIMITATIONS
ON PARTICIPATION.
3 Amend Employee Stock Purchase Plan For For Mgmt
ISS APPROVES OF THIS ITEM BECAUSE THE PLAN COMPLIES WITH
SECTION 423 OF THE INTERNAL REVENUE CODE, THE NUMBER OF
SHARES BEING ADDED IS RELATIVELY CONSERVATIVE, THE
OFFERING PERIOD IS REASONABLE, AND THERE ARE LIMITATIONS
ON PARTICIPATION.
11/11/03 - A MICROSOFT CORP. *MSFT* 594918104 09/12/03 17,900
1 Elect Directors For Split Mgmt
1.1 Elect Director William H. Gates, III --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS WITH THE EXCEPTION
OF JON A. SHIRLEY. WE RECOMMEND THAT SHAREHOLDERS WITHHOLD
VOTES FROM JON A. SHIRLEY FOR STANDING AS AN AFFILIATED
OUTSIDER ON THE AUDIT COMMITTEE.
1.2 Elect Director Steven A. Ballmer --- For
1.3 Elect Director James I. Cash, Jr., Ph.D.
--- For
1.4 Elect Director Raymond V. Gilmartin --- For
1.5 Elect Director Ann McLaughlin Korologos ---
For
1.6 Elect Director David F. Marquardt --- For
1.7 Elect Director Charles H. Noski --- For
1.8 Elect Director Dr. Helmut Panke --- For
1.9 Elect Director Wm. G. Reed, Jr. --- For
1.10 Elect Director Jon A. Shirley --- Withhold
2 Amend Omnibus Stock Plan For For Mgmt
PLEASE SEE THE SECTION BELOW ENTITLED 'MULTIPLE PLAN
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 17
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
NOTES' FOR A FURTHER DISCUSSION OF THIS AND OTHER PLANS.
VOTE RECOMMENDATION THE TOTAL COST OF THE COMPANY'S PLANS
OF 9.34 PERCENT IS WITHIN THE ALLOWABLE CAP FOR THIS
COMPANY OF 10.50 PERCENT. ADDITIONALLY, THIS PLAN
EXPRESSLY FORBIDS REPRICING. IN CONJUNCTION WITH THE
CHANGE IN COMPENSATION PRACTICES DISCUSSED UNDER THE
PROPOSED AMENDMENTS TO THIS PLAN, MICROSOFT RECENTLY
ANNOUNCED A TRANSACTION WITH JP MORGAN TO TRANSFER
UNDERWATER EMPLOYEE STOCK OPTIONS FOR CASH. THIS PROPOSED
TRANSACTION HAS NOT YET RECEIVED SEC APPROVAL AND IS NOT
BEING SUBMITTED FOR SHAREHOLDER APPROVAL AT THE ANNUAL
MEETING. UNDER THE POTENTIALLY TREND SETTING TRANSACTION,
MICROSOFT EMPLOYEES CAN ELECT TO TRANSFER OPTIONS WITH AN
EXERCISE PRICE OF $33 OR ABOVE FOR A CASH PAYMENT. THE
STOCK OPTION TRANSFER PROGRAM ALLOWS UP TO 624 MILLION
COMMON SHARES TO BE OFFERED AND SOLD BY JP MORGAN, AND THE
TERMS FOR MOST OF THE TRANSFERRED OPTIONS WOULD BE REDUCED
TO 36 MONTHS. MICROSOFT WILL PAY THE PROCEEDS RECEIVED ON
THE PURCHASE PRICE OF THE OPTIONS FROM JP MORGAN TO
EMPLOYEES. ISS WOULD LIKE TO SEE THE STOCK OPTION TRANSFER
PROGRAM PUT TO SHAREHOLDER VOTE. THE OPTIONS SUBJECT TO
THE TRANSFER WOULD REPRESENT APPROXIMATELY 40 PERCENT OF
CURRENT OPTIONS OUTSTANDING AND APPROXIMATELY SIX PERCENT
OF TOTAL SHARES OUTSTANDING AS OF SEPT. 12, 2003. ISS
BELIEVES THAT THE STOCK OPTION TRANSFER PROGRAM REPRESENTS
AN ALTERNATIVE TO REPRICING UNDERWATER STOCK OPTIONS, AND
CONSTITUTES A SIGNIFICANT AMENDMENT TO THE COMPANY'S STOCK
COMPENSATION PROGRAM. THE OPTION TRANSFER PROGRAM CHANGES
THE INITIAL INTENT AND DESIGN OF STOCK OPTION AWARDS AND
THE PAYOUT REALIZABLE BY EMPLOYEES. THE PROGRAM MODIFIES
THE RISK CHARACTERISTICS OF THE OPTION AWARDS
POST-ISSUANCE, WHICH HAS AN ECONOMIC IMPACT ON SHAREHOLDER
VALUE. BY EXCHANGING UNDERWATER STOCK OPTIONS FOR CASH,
THE PROGRAM WOULD ENSURE PROTECTION OF INCOME TO EMPLOYEES
THAT IS NOT AVAILABLE TO SHAREHOLDERS AT LARGE. IN VIEW OF
THESE FACTORS, IT IS IMPORTANT THAT SHAREHOLDERS EVALUATE
THE OPTION TRANSFER PROGRAM AND ITS MERITS. WHILE ISS
COMMENDS MICROSOFT FOR PROPOSING TO DECREASE THE MAXIMUM
NUMBER OF SHARES ISSUABLE UNDER THE STOCK PLAN BY 100
MILLION SHARES, ISS WILL CONTINUE TO INCLUDE THE
TRANSFERRED OPTIONS IN THE OVERHANG AS PART OF THE
COMPENSATION PLAN ANALYSIS ASSUMING THAT THE TRANSACTION
WITH JP MORGAN IS APPROVED BY THE SEC. EVEN THOUGH THE
TRANSFERRED OPTIONS WOULD NO LONGER BE AVAILABLE FOR
FUTURE GRANT UNDER THE PROGRAM, ISS STILL CONSIDERS THE
TRANSFERRED OPTIONS AS PART OF THE ECONOMIC COSTS AND
DILUTIVE IMPACT TO SHAREHOLDERS IN OUR ANALYSIS OF THE
STOCK PLAN
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 18
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
PROPOSALS. ISS WILL FOLLOW FURTHER DEVELOPMENTS
ON THE OPTION TRANSFER PROGRAM. MOREOVER, ISS WILL
CONSIDER RECOMMENDING WITHHOLDING VOTES FROM THE DIRECTORS
AT THE NEXT ANNUAL MEETING IF THE STOCK OPTION TRANSFER
PROGRAM IS NOT SUBMITTED FOR SHAREHOLDER APPROVAL.
3 Amend Non-Employee Director Stock Option For For Mgmt
Plan
MULTIPLE PLAN NOTES: THE COMBINED SHAREHOLDER
VALUE TRANSFER FOR ALL PLANS CONSIDERED IS 9.34
PERCENT. THE AGGREGATE VALUE OF ALL THE PROPOSALS
DOES NOT EXCEED THE COMPANY'S ALLOWABLE
SHAREHOLDER VALUE TRANSFER CAP OF 10.50 PERCENT.
HOWEVER, ISS SUPPORTS ONLY THOSE PLANS THAT
PROVIDE, IN AGGREGATE, THE GREATEST SHAREHOLDER
VALUE TRANSFER WITHOUT EXCEEDING THE ALLOWABLE
CAP AND THAT DO NOT VIOLATE REPRICING GUIDELINES.
VOTE RECOMMENDATION THE TOTAL COST OF THE
COMPANY'S PLANS OF 9.34 PERCENT IS WITHIN THE
ALLOWABLE CAP FOR THIS COMPANY OF 10.50 PERCENT.
MICROSOFT RECENTLY ANNOUNCED SOME SIGNIFICANT
CHANGES TO ITS STOCK COMPENSATION PRACTICES.
SPECIFICALLY, MICROSOFT WILL GRANT RESTRICTED
STOCK UNITS INSTEAD OF STOCK OPTIONS, PROVIDE
CASH FOR ELIGIBLE OUTSTANDING UNDERWATER STOCK
OPTIONS AND EXPENSE STOCK OPTIONS UNDER FAS 123
RETROACTIVELY. MICROSOFT ANNOUNCED A TRANSACTION
WITH JP MORGAN TO TRANSFER UNDERWATER EMPLOYEE
STOCK OPTIONS FOR CASH. THIS PROPOSED TRANSACTION
HAS NOT YET RECEIVED SEC APPROVAL AND IS NOT
BEING SUBMITTED FOR SHAREHOLDER APPROVAL AT THE
ANNUAL MEETING. UNDER THE POTENTIALLY TREND
SETTING TRANSACTION, MICROSOFT EMPLOYEES CAN
ELECT TO TRANSFER OPTIONS WITH AN EXERCISE PRICE
OF $33 OR ABOVE FOR A CASH PAYMENT. THE STOCK
OPTION TRANSFER PROGRAM ALLOWS UP TO 624 MILLION
COMMON SHARES TO BE OFFERED AND SOLD BY JP
MORGAN, AND THE TERMS FOR MOST OF THE TRANSFERRED
OPTIONS WOULD BE REDUCED TO 36 MONTHS. MICROSOFT
WILL PAY THE PROCEEDS RECEIVED ON THE PURCHASE
PRICE OF THE OPTIONS FROM JP MORGAN TO EMPLOYEES.
ISS WOULD LIKE TO SEE THE STOCK OPTION TRANSFER
PROGRAM PUT TO SHAREHOLDER VOTE. THE OPTIONS
SUBJECT TO THE TRANSFER WOULD REPRESENT
APPROXIMATELY 40 PERCENT OF CURRENT OPTIONS
OUTSTANDING AND APPROXIMATELY SIX PERCENT OF
TOTAL SHARES OUTSTANDING AS OF SEPT. 12, 2003.
ISS BELIEVES THAT THE STOCK OPTION TRANSFER
PROGRAM REPRESENTS AN ALTERNATIVE TO REPRICING
UNDERWATER STOCK OPTIONS, AND CONSTITUTES A
SIGNIFICANT AMENDMENT TO THE COMPANY'S STOCK
COMPENSATION PROGRAM. THE OPTION TRANSFER PROGRAM
CHANGES THE INITIAL INTENT AND DESIGN OF STOCK
OPTION AWARDS AND THE PAYOUT REALIZABLE BY
EMPLOYEES. THE PROGRAM MODIFIES THE RISK
CHARACTERISTICS OF THE OPTION AWARDS
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Mgmt Rec - Company Management Recommended Vote Page 19
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
POST-ISSUANCE, WHICH HAS AN ECONOMIC IMPACT ON
SHAREHOLDER VALUE. BY EXCHANGING UNDERWATER STOCK
OPTIONS FOR CASH, THE PROGRAM WOULD ENSURE
PROTECTION OF INCOME TO EMPLOYEES THAT IS NOT
AVAILABLE TO SHAREHOLDERS AT LARGE. IN VIEW OF
THESE FACTORS, IT IS IMPORTANT THAT SHAREHOLDERS
EVALUATE THE OPTION TRANSFER PROGRAM AND ITS
MERITS. WHILE ISS COMMENDS MICROSOFT FOR
PROPOSING TO DECREASE THE MAXIMUM NUMBER OF
SHARES ISSUABLE UNDER THE STOCK PLAN BY 100
MILLION SHARES, ISS WILL CONTINUE TO INCLUDE THE
TRANSFERRED OPTIONS IN THE OVERHANG AS PART OF
THE COMPENSATION PLAN ANALYSIS ASSUMING THAT THE
TRANSACTION WITH JP MORGAN IS APPROVED BY THE
SEC. EVEN THOUGH THE TRANSFERRED OPTIONS WOULD NO
LONGER BE AVAILABLE FOR FUTURE GRANT UNDER THE
PROGRAM, ISS STILL CONSIDERS THE TRANSFERRED
OPTIONS AS PART OF THE ECONOMIC COSTS AND
DILUTIVE IMPACT TO SHAREHOLDERS IN OUR ANALYSIS
OF THE STOCK PLAN PROPOSALS. ISS ALSO COMMENDS
MICROSOFT FOR IMPLEMENTING A PERFORMANCE BASED
STOCK AWARD PROGRAM FOR ITS EXECUTIVES. ACTUAL
STOCK AWARDS WILL BE BASED ON THE GROWTH IN THE
NUMBER AND SATISFACTION OF THEIR CUSTOMERS OVER A
THREE-YEAR PERIOD. HOWEVER, ADDITIONAL
INFORMATION ON THE QUANTITATIVE MEASURES AND THE
HURDLE RATES SHOULD BE PROVIDED SO THAT
SHAREHOLDERS CAN EVALUATE THE EFFECTIVENESS OF
THE NEW PROGRAM. ISS WILL FOLLOW FURTHER
DEVELOPMENTS ON THE OPTION TRANSFER PROGRAM.
MOREOVER, ISS WILL CONSIDER RECOMMENDING
WITHHOLDING VOTES FROM THE DIRECTORS AT THE NEXT
ANNUAL MEETING IF THE STOCK OPTION TRANSFER
PROGRAM IS NOT SUBMITTED FOR SHAREHOLDER
APPROVAL.
SHAREHOLDER PROPOSAL
4 Refrain from Giving Charitable Contributions Against Against ShrHoldr
AS THE COMPANY COMPLIES WITH CURRENT LAWS AND REGULATIONS
REGARDING CHARITABLE CONTRIBUTIONS, AND THE REFRAINING
FROM MAKING CONTRIBUTIONS RUNS COUNTER TO THE COMPANY'S
GOALS OF BEING A GOOD CORPORATE CITIZEN, WE RECOMMEND
SHAREHOLDERS OPPOSE THIS REQUEST.
04/20/04 - A MORGAN STANLEY *MWD* 617446448 02/20/04 5,700
1 Elect Directors For Split Mgmt
1.1 Elect Director John W. Madigan --- Withhold
1.2 Elect Director Dr. Klaus Zumwinkel --- For
1.3 Elect Director Sir Howard Davies --- For
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Mgmt Rec - Company Management Recommended Vote Page 20
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
2 Ratify Auditors For For Mgmt
3 Declassify the Board of Directors Against For ShrHoldr
4 Submit Severance Agreement Against Against ShrHoldr
(Change-in-Control) to Shareholder Vote
5 Report on Political Contributions/Activities Against Against ShrHoldr
06/01/04 - A NABORS INDUSTRIES, LTD. *NBR* G6359F103 04/08/04 3,400
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 SHAREHOLDER PROPOSAL TO CHANGE NABORS Against Against Mgmt
JURISDICTION OF INCORPORATION FROM BERMUDA
TO DELAWARE.
05/27/04 - A NEXTEL COMMUNICATIONS, INC. *NXTL* 65332V103 04/02/04 2,650
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
09/22/03 - A NIKE, INC. *NKE* 654106103 07/25/03 1,100
1 Elect Directors For Split Mgmt
1.1 Elect Director Thomas E. Clarke as Class A
Director --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS WITH THE EXCEPTIONS
OF JOHN R. THOMPSON, JR. AND RICHARD K. DONAHUE. WE
RECOMMEND THAT SHAREHOLDERS WITHHOLD VOTES FROM JOHN R.
THOMPSON, JR. FOR POOR ATTENDANCE AND RICHARD K. DONAHUE
FOR STANDING AS AN AFFILIATED OUTSIDER ON THE NOMINATING
COMMITTEE.
1.2 Elect Director Ralph D. DeNunzio as Class A
Director --- For
1.3 Elect Director Richard K. Donahue as Class
A Director --- Withhold
1.4 Elect Director Delbert J. Hayes as Class A
Director --- For
1.5 Elect Director Douglas G. Houser as Class A
Director --- For
1.6 Elect Director Jeanne P. Jackson as Class A
Director --- For
1.7 Elect Director Philip H. Knight as Class A
Director --- For
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Mgmt Rec - Company Management Recommended Vote Page 21
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.8 Elect Director Charles W. Robinson as Class
A Director --- For
1.9 Elect Director John R. Thompson, Jr. as
Class A Director --- Withhold
1.10 Elect Director Jill K. Conway as Class B
Director --- For
1.11 Elect Director Alan B. Graf, Jr. as Class B
Director --- For
1.12 Elect Director John E. Jaqua as Class B
Director --- For
1.13 Elect Director A. Michael Spence as Class B
Director --- For
2 Amend Omnibus Stock Plan For Against Mgmt
VOTE RECOMMENDATION THE TOTAL COST OF THE COMPANY'S PLANS
OF 8.40 PERCENT IS ABOVE THE ALLOWABLE CAP FOR THIS
COMPANY OF 5.01 PERCENT. ADDITIONALLY, THE PLAN ALLOWS
REPRICING OF UNDERWATER STOCK OPTIONS WITHOUT SHAREHOLDER
APPROVAL, WHICH WE BELIEVE REDUCES THE INCENTIVE VALUE OF
THE PLAN.
3 Ratify Auditors For For Mgmt
05/25/04 - A OMNICOM GROUP INC. *OMC* 681919106 04/09/04 3,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Non-Employee Director Stock Option For For Mgmt
Plan
10/13/03 - A ORACLE CORP. *ORCL* 68389X105 08/21/03 12,100
1 Elect Directors For For Mgmt
1.1 Elect Director Lawrence J. Ellison --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Donald L. Lucas --- For
1.3 Elect Director Michael J. Boskin --- For
1.4 Elect Director Jeffrey O. Henley --- For
1.5 Elect Director Jack F. Kemp --- For
1.6 Elect Director Jeffrey Berg --- For
1.7 Elect Director Safra Catz --- For
1.8 Elect Director Hector Garcia-Molina --- For
1.9 Elect Director Joseph A. Grundfest --- For
1.10 Elect Director H. Raymond Bingham --- For
2 Approve Executive Incentive Bonus Plan For For Mgmt
THE PERFORMANCE MEASURES INCLUDED UNDER THE PLAN
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 22
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
ARE APPROPRIATE FOR THE COMPANY GIVEN ITS LINE OF BUSINESS,
LONG-TERM STRATEGIC OBJECTIVES, AND INDUSTRY-SPECIFIC
MEASURES FOR ASSESSING MARKET COMPETITIVENESS.
ADDITIONALLY, THE PLAN IS ADMINISTERED BY A COMMITTEE OF
INDEPENDENT OUTSIDERS WHO MUST CERTIFY ATTAINMENT OF THESE
OBJECTIVE, MEASURABLE PERFORMANCE GOALS BEFORE CASH AWARDS
ARE PAID TO PARTICIPANTS. MOREOVER, PRESERVATION OF THE
FULL DEDUCTIBILITY OF ALL COMPENSATION PAID REDUCES THE
COMPANY'S CORPORATE TAX OBLIGATION.
3 Ratify Auditors For For Mgmt
4 Amend Non-Employee Director Omnibus Stock For For Mgmt
Plan
VOTE RECOMMENDATION THE TOTAL COST OF THE
COMPANY'S PLANS OF 11.14 PERCENT IS WITHIN THE
ALLOWABLE CAP FOR THIS COMPANY OF 12.54 PERCENT.
ADDITIONALLY, THIS PLAN EXPRESSLY FORBIDS
REPRICING.
SHAREHOLDER PROPOSAL
5 Implement China Principles Against Abstain ShrHoldr
SINCE THE COMPANY HAS HAD NO SIGNIFICANT CONTROVERSIES OR
VIOLATIONS REGARDING ITS OPERATIONS IN CHINA AND HAS AN
ESTABLISHED WORKPLACE CODE OF CONDUCT, WE RECOMMEND A VOTE
AGAINST THIS ITEM.
05/05/04 - A PEPSICO, INC. *PEP* 713448108 03/12/04 2,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Report on Political Contributions/Activities Against Against ShrHoldr
5 Report on Operational Impact of HIV/AIDS, Against Abstain ShrHoldr
TB, and Malaria Pandemic
04/22/04 - A PFIZER INC. *PFE* 717081103 02/27/04 17,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Report on Operational Impact of HIV/AIDS, Against Abstain ShrHoldr
TB, and Malaria Pandemic
5 Cease Political Contributions/Activities Against Against ShrHoldr
6 Report on Political Contributions/Activities Against Against ShrHoldr
7 Establish Term Limits for Directors Against Against ShrHoldr
8 Report on Drug Pricing Against Against ShrHoldr
9 Limit Awards to Executives Against Against ShrHoldr
10 Amend Animal Testing Policy Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 23
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
06/08/04 - A PRUDENTIAL FINANCIAL INC *PRU* 744320102 04/12/04 3,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Cease Charitable Contributions Against Against ShrHoldr
4 Declassify the Board of Directors Against For ShrHoldr
04/30/04 - A SBC COMMUNICATIONS INC. *SBC* 78387G103 03/02/04 4,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Bylaws For For Mgmt
4 Report on Political Contributions/Activities Against Against ShrHoldr
5 Change Size of Board of Directors Against Against ShrHoldr
04/14/04 - A SCHLUMBERGER LTD. *SLB* 806857108 02/25/04 3,000
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 ADOPTION AND APPROVAL OF FINANCIALS AND For For Mgmt
DIVIDENDS
3 APPROVAL OF ADOPTION OF THE 2004 STOCK AND For For Mgmt
DEFERRAL PLAN FOR NON-EMPLOYEE DIRECTORS
4 APPROVAL OF AUDITORS For For Mgmt
05/13/04 - A SLM CORP. *SLM* 78442P106 03/15/04 3,400
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
05/26/04 - A SOUTHERN COMPANY *SO* 842587107 03/29/04 4,000
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Outside Director Stock in Lieu of For For Mgmt
Cash
05/12/04 - A ST. JUDE MEDICAL, INC. *STJ* 790849103 03/15/04 1,900
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Increase Authorized Common Stock For For Mgmt
5 Limit Executive Compensation Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 24
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
06/17/04 - A STAPLES, INC. *SPLS* 855030102 04/19/04 6,500
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Amend Employee Stock Purchase Plan For For Mgmt
5 Ratify Auditors For For Mgmt
6 Submit Shareholder Rights Plan (Poison Against Against ShrHoldr
Pill) to Shareholder Vote
7 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
8 Limit Executive Compensation Against Against ShrHoldr
9 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr
Services
05/07/04 - A STARWOOD HOTELS & RESORTS WORLDWIDE, 85590A203 03/19/04 2,900
INC. *HOT*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Declassify the Board of Directors For For Mgmt
11/07/03 - A SYSCO CORPORATION *SYY* 871829107 09/09/03 3,900
1 Elect Directors For Split Mgmt
1.1 Elect Director Jonathan Golden as Class II
Director --- Withhold
WE RECOMMEND A VOTE FOR THE DIRECTORS WITH THE EXCEPTIONS
OF RICHARD J. SCHNIEDERS, THOMAS E. LANKFORD, AND JONATHAN
GOLDEN. WE RECOMMEND THAT SHAREHOLDERS WITHHOLD VOTES FROM
RICHARD J. SCHNIEDERS, THOMAS E. LANKFORD, AND JONATHAN
GOLDEN FOR FAILURE TO IMPLEMENT PROPOSAL TO DECLASSIFY THE
COMPANY'S BOARD.
1.2 Elect Director Joseph A. Hafner, Jr. as
Class II Director --- For
1.3 Elect Director Thomas E. Lankford as Class
II Director --- Withhold
1.4 Elect Director Richard J. Schnieders as
Class II Director --- Withhold
1.5 Elect Director John K. Stubblefield, Jr. as
Class III Director --- For
2 Increase Authorized Common Stock For For Mgmt
THE REQUESTED INCREASE OF 1,000,000,000 SHARES IS BELOW
THE ALLOWABLE THRESHOLD OF 1,500,000,000 SHARES.
3 Approve Omnibus Stock Plan For Against Mgmt
VOTE RECOMMENDATION WE COMMEND THE COMPANY
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 25
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
FOR EXPRESSLY FORBIDDING THE REPRICING OF STOCK OPTIONS
UNDER THE PLAN. HOWEVER, THE TOTAL COST OF THE COMPANY'S
PLANS OF 11.54 PERCENT IS ABOVE THE ALLOWABLE CAP FOR
THIS COMPANY OF 5.96 PERCENT.
SHAREHOLDER PROPOSAL
4 Report on the Impact of Genetically Against Against ShrHoldr
Engineered Products
BASED ON THE POTENTIAL EXPENSES AND DIFFICULTY ACQUIRING
RELIABLE RESULTS IN TESTING GE INGREDIENTS, WE DO NOT FEEL
THIS REPORT WOULD NOT BE A BENEFICIAL USE OF SHAREHOLDER
ASSETS.
05/19/04 - A TARGET CORPORATION *TGT* 87612E106 03/22/04 3,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
10/27/03 - S TEVA PHARMACEUTICAL INDUSTRIES 881624209 09/18/03 1,650
1 Elect G. Shalev as an External Director For For Mgmt
DESPITE THE POOR LEVEL OF DISCLOSURE REGARDING THE BOARD,
A SITUATION WHICH IS COMMON IN ISRAEL, WE BELIEVE IT WOULD
BE COUNTERPRODUCTIVE TO WITHHOLD SUPPORT FROM SHALEV
UNLESS THERE WAS SOME SPECIFIC CONTROVERSY INVOLVING THE
COMPANY.
2 Approve Increase in Remuneration of For For Mgmt
Directors other than the Chairman
THIS IS A ROUTINE ITEM.
05/20/04 - A TEVA PHARMACEUTICAL INDUSTRIES 881624209 04/15/04 3,200
MEETING FOR HOLDERS OF ADRS
1 TO RECEIVE AND DISCUSS THE COMPANY S For For Mgmt
CONSOLIDATED BALANCE SHEET AS OF DECEMBER
31, 2003 AND THE CONSOLIDATED STATEMENTS.
2 TO APPROVE THE BOARD OF DIRECTORS For For Mgmt
RECOMMENDATION THAT THE CASH DIVIDEND FOR THE YEAR
ENDED DECEMBER 31, 2003, WHICH WAS PAID IN FOUR
INSTALLMENTS AND AGGREGATED NIS 1.44 (APPROXIMATELY
US$0.322) PER ORDINARY SHARE, BE DECLARED FINAL.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 26
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 TO ELECT ABRAHAM E. COHEN TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
4 TO ELECT LESLIE DAN TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
5 TO ELECT PROF. MEIR HETH TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
6 TO ELECT PROF. MOSHE MANY TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
7 TO ELECT DOV SHAFIR TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
8 TO APPROVE THE PURCHASE OF DIRECTOR S AND For Against Mgmt
OFFICER S LIABILITY INSURANCE FOR THE
DIRECTORS AND OFFICERS OF THE COMPANY.
9 Ratify Auditors For For Mgmt
04/15/04 - A TEXAS INSTRUMENTS INC. *TXN* 882508104 02/17/04 5,450
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against Against ShrHoldr
05/18/04 - A THE ALLSTATE CORP. *ALL* 020002101 03/19/04 2,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Executive Incentive Bonus Plan For For Mgmt
4 Amend Executive Incentive Bonus Plan For For Mgmt
5 Provide for Cumulative Voting Against For ShrHoldr
04/21/04 - A THE COCA-COLA COMPANY *KO* 191216100 02/23/04 4,400
1 Elect Directors For Split Mgmt
1.1 Elect Director Herbert A. Allen --- For
1.2 Elect Director Ronald W. Allen --- For
1.3 Elect Director Cathleen P. Black --- For
1.4 Elect Director Warren E. Buffett ---
Withhold
1.5 Elect Director Douglas N. Daft --- For
1.6 Elect Director Barry Diller --- For
1.7 Elect Director Donald R. Keough --- For
1.8 Elect Director Susan Bennett King --- For
1.9 Elect Director Maria Elena Lagomasino ---
For
1.10 Elect Director Donald F. Mchenry --- For
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 27
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.11 Elect Director Robert L. Nardelli --- For
1.12 Elect Director Sam Nunn --- For
1.13 Elect Director J. Pedro Reinhard --- For
1.14 Elect Director James D. Robinson III --- For
1.15 Elect Director Peter V. Ueberroth --- For
1.16 Elect Director James B. Williams --- For
2 Ratify Auditors For For Mgmt
3 Report on Operational Impact of HIV/AIDS For Abstain ShrHoldr
Pandemic
4 Report on Stock Option Distribution by Race Against Abstain ShrHoldr
and Gender
5 Prohibit Awards to Executives Against Against ShrHoldr
6 Submit Executive Compensation to Vote Against Against ShrHoldr
7 Submit Executive Compensation to Vote Against Against ShrHoldr
8 Implement China Principles Against Abstain ShrHoldr
9 Separate Chairman and CEO Positions Against Against ShrHoldr
05/13/04 - A THE DOW CHEMICAL COMPANY *DOW* 260543103 03/15/04 1,300
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Declassify the Board of Directors For For Mgmt
4 Report on Social Initiatives in Bhopal Against Abstain ShrHoldr
05/12/04 - A THE GAP, INC. *GPS* 364760108 03/15/04 6,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Limit Executive Compensation Against Against ShrHoldr
03/31/04 - A THE GOLDMAN SACHS GROUP, INC. *GS* 38141G104 02/02/04 3,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Declassify the Board of Directors Against For ShrHoldr
10/14/03 - A THE PROCTER & GAMBLE COMPANY *PG* 742718109 08/01/03 2,700
1 Elect Directors For For Mgmt
1.1 Elect Director Norman R. Augustine --- For
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 28
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director A.G. Lafley --- For
1.3 Elect Director Johnathan A. Rodgers --- For
1.4 Elect Director John F. Smith, Jr. --- For
1.5 Elect Director Margaret C. Whitman --- For
2 Ratify Auditors For For Mgmt
3 Approve Non-Employee Director Omnibus Stock For For Mgmt
Plan
VOTE RECOMMENDATION WE COMMEND THE COMPANY FOR EXPRESSLY
FORBIDDING THE REPRICING OF STOCK OPTIONS UNDER THE PLAN.
HOWEVER, THE TOTAL COST OF THE COMPANY'S PLANS OF 5.96
PERCENT IS ABOVE THE ALLOWABLE CAP FOR THIS COMPANY OF
5.20 PERCENT.
SHAREHOLDER PROPOSALS
4 Declassify the Board of Directors Against Against ShrHoldr
5 Label Genetically Engineered Foods Against Abstain ShrHoldr
GIVEN THAT THE LABELING OF GE INPUTS AT ALL STAGES OF THE
SUPPLY CHAIN COULD PROVE DIFFICULT AND COSTLY TO THE
COMPANY, WE CANNOT SUPPORT THIS SHAREHOLDER PROPOSAL AT
THIS TIME.
03/25/04 - A TYCO INTERNATIONAL LTD. *TYC* 902124106 03/25/04 4,200
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 ADOPTION OF THE AMENDED AND RESTATED For For Mgmt
BYE-LAWS
4 APPROVAL OF TYCO 2004 STOCK AND INCENTIVE For For Mgmt
PLANS
5 SHAREHOLDER PROPOSAL REGARDING For For ShrHoldr
ENVIRONMENTAL REPORTING.
6 SHAREHOLDER PROPOSAL TO CHANGE TYCO S Against Against ShrHoldr
JURISDICTION OF INCORPORATION FROM BERMUDA
TO A U.S. STATE.
7 SHAREHOLDER PROPOSAL ON COMMON SENSE Against Against ShrHoldr
EXECUTIVE COMPENSATION.
05/06/04 - A UNITED PARCEL SERVICE, INC. *UPS* 911312106 03/08/04 1,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 29
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/14/04 - A UNITED TECHNOLOGIES CORP. *UTX* 913017109 02/17/04 3,300
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Disclosure of Executive Compensation Against Against ShrHoldr
4 Develop Ethical Criteria for Military Against Abstain ShrHoldr
Contracts
5 Performance-Based/Indexed Options Against For ShrHoldr
6 Separate Chairman and CEO Positions Against For ShrHoldr
05/12/04 - A UNITEDHEALTH GROUP INCORPORATED *UNH* 91324P102 03/15/04 5,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against Against ShrHoldr
4 Limit Awards to Executives Against Against ShrHoldr
07/30/03 - A VODAFONE GROUP PLC 92857W100 None 3,600
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Reelect Lord MacLaurin of Knebworth as For For Mgmt
Director
4 Reelect Kenneth Hydon as Director For For Mgmt
5 Reelect Thomas Geitner as Director For For Mgmt
6 Reelect Alec Broers as Director For For Mgmt
7 Reelect Juergen Schrempp as Director For For Mgmt
8 Elect John Buchanan as Director For For Mgmt
9 Approve Final Dividend of 0.8983 Pence Per For For Mgmt
Share
10 Ratify Deloitte and Touche as Auditors For For Mgmt
11 Authorize Board to Fix Remuneration of For For Mgmt
Auditors
12 Authorize EU Political Donations up to GBP For For Mgmt
100,000
13 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
USD 900,000,000
14 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
USD 340,000,000
15 Authorize 6,800,000,000 Shares for Share For For Mgmt
Repurchase Program
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 30
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
06/04/04 - A WAL-MART STORES, INC. *WMT* 931142103 04/05/04 11,300
1 Elect Directors For For Mgmt
2 Approve Stock Option Plan For For Mgmt
3 Approve Stock Option Plan For For Mgmt
4 Amend Employee Stock Purchase Plan For For Mgmt
5 Ratify Auditors For For Mgmt
6 Separate Chairman and CEO Positions Against Against ShrHoldr
7 Prepare Sustainability Report Against Abstain ShrHoldr
8 Report on Stock Option Distribution by Race Against Abstain ShrHoldr
and Gender
9 Report on Genetically Modified Organisms Against Abstain ShrHoldr
(GMO)
10 Prepare Diversity Report Against Abstain ShrHoldr
11 Submit Executive Compensation to Vote Against Against ShrHoldr
05/14/04 - A WASTE MANAGEMENT, INC. *WMI* 94106L109 03/19/04 4,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
04/27/04 - A WELLS FARGO & COMPANY *WFC* 949746101 03/09/04 4,900
1 Elect Directors For Split Mgmt
1.1 Elect Director J.A. Blanchard III --- For
1.2 Elect Director Susan E. Engel --- For
1.3 Elect Director Enrique Hernandez, Jr. ---
For
1.4 Elect Director Robert L. Joss --- For
1.5 Elect Director Reatha Clark King --- For
1.6 Elect Director Richard M. Kovacevich --- For
1.7 Elect Director Richard D. McCormick --- For
1.8 Elect Director Cynthia H. Milligan --- For
1.9 Elect Director Philip J. Quigley --- For
1.10 Elect Director Donald B. Rice --- Withhold
1.11 Elect Director Judith M. Runstad ---
Withhold
1.12 Elect Director Stephen W. Sanger --- For
1.13 Elect Director Susan G. Swenson --- For
1.14 Elect Director Michael W. Wright ---
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 31
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM BLUE CHIP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Withhold
2 Approve Retirement Plan For For Mgmt
3 Ratify Auditors For For Mgmt
4 Expense Stock Options Against Against ShrHoldr
5 Limit Executive Compensation Against Against ShrHoldr
6 Link Executive Compensation to Social Issues Against Against ShrHoldr
7 Report on Political Contributions/Activities Against Against ShrHoldr
04/22/04 - A WYETH *WYE* 983024100 03/12/04 3,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Report on Drug Pricing Against Against ShrHoldr
4 Amend Animal Testing Policy Against Abstain ShrHoldr
08/07/03 - A XILINX, INC. *XLNX* 983919101 06/09/03 3,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
07/22/03 - S ZIMMER HOLDINGS INC *ZMH* 98956P102 06/16/03 2,600
1 Issue Shares in Connection with an For For Mgmt
Acquisition
CONCLUSION: BASED ON THE FAIRNESS OPINION AND THE
POTENTIAL STRATEGIC SYNERGIES, WE BELIEVE THE MERGER
AGREEMENT WARRANTS SHAREHOLDER SUPPORT.
05/10/04 - A ZIMMER HOLDINGS INC *ZMH* 98956P102 03/15/04 4,150
1 Elect Directors For Withhold Mgmt
2 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
3 Ratify Auditors Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 32
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
06/24/04 - A A.G. EDWARDS, INC. *AGE* 281760108 05/03/04 500
1 Elect Directors For For Mgmt
2 Approve Executive Incentive Bonus Plan For For Mgmt
3 Ratify Auditors For For Mgmt
04/28/04 - A ADOBE SYSTEMS INC. *ADBE* 00724F101 03/03/04 1,050
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Expense Stock Options Against Against ShrHoldr
4 Adopt a Plocy that will Committ Executives Against Against ShrHoldr
to Hold a Significant Percentage of their
Shares
5 Ratify Auditors For For Mgmt
04/15/04 - A ADTRAN, INC. *ADTN* 00738A106 03/01/04 2,000
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/20/04 - A ADVANCED FIBRE COMMUNICATIONS, INC. 00754A105 03/23/04 1,300
*AFCI*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
06/16/04 - A AEROPOSTALE, INC *ARO* 007865108 04/29/04 2,400
1 Classify the Board of Directors For Against Mgmt
2 Elect Directors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
10/30/03 - A AFFILIATED COMPUTER SERVICES, INC. 008190100 09/19/03 2,800
*ACS*
1 Elect Directors For For Mgmt
1.1 Elect Director Darwin Deason --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Jeffrey A. Rich --- For
1.3 Elect Director Mark A. King --- For
1.4 Elect Director Joseph P. O'Neill --- For
1.5 Elect Director Frank A. Rossi --- For
1.6 Elect Director J. Livingston Kosberg --- For
1.7 Elect Director Dennis McCuistion --- For
2 Approve Executive Incentive Bonus For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 1
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Plan
THE PERFORMANCE MEASURES INCLUDED UNDER THE PLAN ARE
APPROPRIATE FOR THE COMPANY GIVEN ITS LINE OF BUSINESS,
LONG-TERM STRATEGIC OBJECTIVES, AND INDUSTRY-SPECIFIC
MEASURES FOR ASSESSING MARKET COMPETITIVENESS.
ADDITIONALLY, THE PLAN IS ADMINISTERED BY A COMMITTEE OF
INDEPENDENT OUTSIDERS WHO MUST CERTIFY ATTAINMENT OF THESE
OBJECTIVE, MEASURABLE PERFORMANCE GOALS BEFORE CASH AWARDS
ARE PAID TO PARTICIPANTS. MOREOVER, PRESERVATION OF THE
FULL DEDUCTIBILITY OF ALL COMPENSATION PAID REDUCES THE
COMPANY'S CORPORATE TAX OBLIGATION.
3 Ratify Auditors For For Mgmt
06/08/04 - A AFFILIATED MANAGERS GROUP, INC. *AMG* 008252108 04/21/04 1,150
1 Elect Directors For Split Mgmt
1.1 Elect Director William J. Nutt --- For
1.2 Elect Director Sean M. Healey --- For
1.3 Elect Director Richard E. Floor --- Withhold
1.4 Elect Director Stephen J. Lockwood --- For
1.5 Elect Director Harold J. Meyerman --- For
1.6 Elect Director Robert C. Puff, Jr. --- For
1.7 Elect Director Dr. Rita M. Rodriguez --- For
06/08/04 - A ALLIANCE DATA SYSTEMS CORP *ADS* 018581108 04/14/04 5,400
1 Elect Directors For For Mgmt
08/05/03 - A ALLIANT TECHSYSTEMS INC. *ATK* 018804104 06/10/03 1,450
1 Elect Directors For For Mgmt
1.1 Elect Director Frances D. Cook --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Gilbert F. Decker --- For
1.3 Elect Director Jonathan G. Guss --- For
1.4 Elect Director Admiral David E. Jeremiah,
USN (Ret.) --- For
1.5 Elect Director Admiral Paul David Miller,
USN (Ret.) --- For
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 2
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.6 Elect Director Daniel J. Murphy, Jr. --- For
1.7 Elect Director General Robert W. RisCassi,
USA (Ret.) --- For
1.8 Elect Director Michael T. Smith --- For
1.9 Elect Director William G. Van Dyke --- For
2 Ratify Auditors For For Mgmt
SHAREHOLDER PROPOSAL
3 Report on Space-Based Weapons Against Against ShrHoldr
05/11/04 - A ALTERA CORP. *ALTR* 021441100 03/16/04 4,400
1 Elect Directors For For Mgmt
2 Amend Stock Option Plan For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Ratify Auditors For For Mgmt
5 Approve Option Expensing Against Against ShrHoldr
06/10/04 - A AMIS HOLDINGS INC *AMIS.2* 031538101 04/19/04 3,900
1 Elect Directors For Split Mgmt
1.1 Elect Director Dipanjan Deb --- Withhold
1.2 Elect Director Christine King --- Withhold
1.3 Elect Director David M. Rickey --- For
1.4 Elect Director Paul C. Schorr Iv ---
Withhold
1.5 Elect Director Colin L. Slade --- For
1.6 Elect Director David Stanton --- Withhold
1.7 Elect Director James A. Urry --- Withhold
1.8 Elect Director Gregory L. Williams --- For
1.9 Elect Director S. Atiq Raza --- For
2 Ratify Auditors For For Mgmt
05/17/04 - A ARBITRON, INC. *ARB* 03875Q108 04/02/04 500
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
06/10/04 - A AVOCENT CORPORATION *AVCT* 053893103 04/30/04 1,450
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 3
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/11/04 - A BELO CORP. *BLC* 080555105 03/19/04 1,700
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
06/24/04 - A BEST BUY CO., INC. *BBY* 086516101 04/26/04 1,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
11/13/03 - A BRINKER INTERNATIONAL, INC. *EAT* 109641100 09/15/03 1,100
1 Elect Directors For For Mgmt
1.1 Elect Director Ronald A. McDougall --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS WITH THE EXCEPTIONS
OF CECE SMITH, JAMES E. OESTERREICHER, RONALD KIRK, AND
MARVIN J. GIROUARD. WE RECOMMEND THAT SHAREHOLDERS
WITHHOLD VOTES FROM AUDIT COMMITTEE MEMBERS CECE SMITH,
JAMES E. OESTERREICHER, RONALD KIRK, AND MARVIN J.
GIROUARD FOR PAYING EXCESSIVE NON-AUDIT FEES.
1.2 Elect Director Douglas H. Brooks --- For
1.3 Elect Director Dan W. Cook, III --- For
1.4 Elect Director Robert M. Gates --- For
1.5 Elect Director Marvin J. Girouard --- For
1.6 Elect Director Ronald Kirk --- For
1.7 Elect Director George R. Mrkonic --- For
1.8 Elect Director Erle Nye --- For
1.9 Elect Director James E. Oesterreicher ---
For
1.10 Elect Director Cece Smith --- For
1.11 Elect Director Roger T. Staubach --- For
2 Ratify Auditors For For Mgmt
SHAREHOLDER PROPOSAL
3 Report on the Impact of Genetically Against Abstain ShrHoldr
Engineered Products
IN THIS CASE, THE PROPONENTS ARE ASKING FOR A
REPORT ON THE COMPANY'S POLICIES REGARDING GE
INGREDIENTS AS WELL AS ANY CONTINGENCY PLAN FOR
SOURCING NON-GE INGREDIENTS SHOULD THE NEED
ARISE. WHILE WE GENERALLY SUPPORT PROPOSALS THAT
SEEK TO PROVIDE SHAREHOLDERS WITH GREATER
DISCLOSURE REGARDING THE RISKS ASSOCIATED WITH
THEIR INVESTMENT, WE BELIEVE THAT GENERATING SUCH
A REPORT COULD BE TIME CONSUMING AND COSTLY TO
THE
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 4
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
COMPANY WITHOUT PROVIDING SIGNIFICANT VALUE
TO SHAREHOLDERS. SINCE THE GOVERNMENT BODIES
TASKED WITH DETERMINING THE HEALTH AND SAFETY OF
GE PRODUCTS HAVE DETERMINED THAT GE INGREDIENTS
ARE NOT SIGNIFICANTLY DIFFERENT FROM CONVENTIONAL
PRODUCTS, CERTAIN RAW MATERIALS HAVE SEEN A
TREMENDOUS GROWTH IN THE USE OF THE GE PRODUCTS.
THIS TYPE OF MARKET SATURATION, COMBINED WITH
POTENTIAL DIFFICULTIES IN DETERMINING A
DIFFERENCE BETWEEN ENGINEERED AND CONVENTIONAL
PRODUCTS WITH CURRENT TESTING PROCEDURES MAY
RESULT IN INACCURATE RESULTS. WE FURTHER NOTE
THAT THE COMPANY CURRENTLY MEETS GOVERNMENT
STANDARDS WITH REGARD TO FOOD SAFETY ISSUES.
FINALLY, WE BELIEVE THAT PLANNING ALTERNATIVES
FOR SOURCING NON-GE INGREDIENTS, SHOULD THE
SITUATION REQUIRE, WOULD BE BASED LARGELY ON
SPECULATION ABOUT FUTURE RESTRICTIONS AND
LEGISLATION AND MAY NOT BE ULTIMATELY BENEFICIAL
TO THE COMPANY OR ITS SHAREHOLDERS. BASED ON THE
POTENTIAL EXPENSES AND DIFFICULTY ACQUIRING
RELIABLE RESULTS IN TESTING GE INGREDIENTS, WE DO
NOT FEEL THIS REPORT WOULD BE A BENEFICIAL USE OF
SHAREHOLDER ASSETS.
04/29/04 - A BROADCOM CORP. *BRCM* 111320107 03/05/04 1,200
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For Against Mgmt
3 Ratify Auditors For For Mgmt
05/20/04 - A C.H. ROBINSON WORLDWIDE, INC. *CHRW* 12541W100 03/22/04 1,900
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
11/20/03 - A CACI INTERNATIONAL, INC. *CAI* 127190304 09/24/03 1,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
03/22/04 - S CAREMARK RX, INC. *CMX* 141705103 02/05/04 3,850
1 Increase Authorized Common Stock For For Mgmt
2 Approve Issuance of Stock in Connection For For Mgmt
with Merger Agreement
3 Increase Authorized Preferred Stock For Against Mgmt
4 Approve Omnibus Stock Plan For For Mgmt
5 Allow Postponement or Adjournment of For Against Mgmt
Special Meeting
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 5
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/04/04 - A CAREMARK RX, INC. *CMX* 141705103 04/01/04 3,950
1 Elect Directors For For Mgmt
11/25/03 - A CBRL GROUP, INC. *CBRL* 12489V106 09/26/03 400
1 Elect Directors For Split Mgmt
1.1 Elect Director James D. Carreker --- For
1.2 Elect Director Robert V. Dale --- For
1.3 Elect Director Dan W. Evins --- For
1.4 Elect Director Robert C. Hilton --- For
1.5 Elect Director Charles E. Jones, Jr. --- For
1.6 Elect Director B. F. 'Jack' Lowery ---
Withhold
1.7 Elect Director Gordon L. Miller --- For
1.8 Elect Director Martha M. Mitchell ---
Withhold
1.9 Elect Director Andrea M. Weiss --- For
1.10 Elect Director Jimmie D. White --- Withhold
1.11 Elect Director Michael A. Woodhouse --- For
2 Ratify Auditors For For Mgmt
05/20/04 - A CDW CORP. *CDWC* 12512N105 04/01/04 2,440
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Non-Employee Director Omnibus Stock For For Mgmt
Plan
10/29/03 - A CHECKFREE CORP. *CKFR* 162813109 09/08/03 2,500
1 Elect Directors For For Mgmt
1.1 Elect Director Mark A. Johnson --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Eugene F. Quinn --- For
2 Approve Executive Incentive Bonus Plan For For Mgmt
THE PERFORMANCE MEASURES INCLUDED UNDER THE PLAN ARE
APPROPRIATE FOR THE COMPANY GIVEN ITS LINE OF BUSINESS,
LONG-TERM STRATEGIC OBJECTIVES, AND INDUSTRY-SPECIFIC
MEASURES FOR ASSESSING MARKET COMPETITIVENESS.
ADDITIONALLY, THE PLAN IS ADMINISTERED BY A COMMITTEE OF
INDEPENDENT OUTSIDERS WHO MUST CERTIFY ATTAINMENT OF THESE
OBJECTIVE, MEASURABLE PERFORMANCE GOALS BEFORE CASH
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 6
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
AWARDS ARE PAID TO PARTICIPANTS. MOREOVER,
PRESERVATION OF THE FULL DEDUCTIBILITY OF ALL
COMPENSATION PAID REDUCES THE COMPANY'S CORPORATE
TAX OBLIGATION.
SHAREHOLDER PROPOSAL
3 Make Effort to Locate Women and Minorities Against Abstain ShrHoldr
for Board Nomination
BASED ON THE COMPANY'S CURRENT LACK OF BOARD DIVERSITY,
THE LACK OF DISCLOSURE REGARDING CURRENT NOMINATING
PROCEDURES AND DIVERSITY INITIATIVES, AND THE COMPANY'S
FAILURE TO ESTABLISH A NOMINATING COMMITTEE, WE RECOMMEND
THAT SHAREHOLDERS SUPPORT THIS SHAREHOLDER PROPOSAL.
04/21/04 - A ** CHICAGO MERCANTILE EXCHANGE 167760107 02/25/04 775
HOLDINGS, INC. *CME*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
06/22/04 - A CHICO'S FAS, INC. *CHS* 168615102 04/26/04 950
1 Elect Directors For Split Mgmt
1.1 Elect Director Helene B. Gralnick ---
Withhold
1.2 Elect Director Verna K. Gibson --- For
1.3 Elect Director Betsy S. Atkins --- For
1.4 Elect Director Scott A. Edmonds --- Withhold
2 Change Range for Size of the Board For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Ratify Auditors For For Mgmt
05/24/04 - A CITADEL BROADCASTING CORP *CDL* 17285T106 03/29/04 2,500
1 Elect Directors For Split Mgmt
1.1 Elect Director David W. Checketts --- For
1.2 Elect Director J. Anthony Forstmann ---
Withhold
1.3 Elect Director Charles P. Rose, Jr. --- For
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 7
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
06/23/04 - A/S COGNOS INC. *CSN.* 19244C109 04/26/04 2,200
1 Elect Directors For For Mgmt
2 Ratify Ernst & Young LLP as Auditors For For Mgmt
3 Amend 2003 - 2008 Stock Option Plan For For Mgmt
4 Eliminate Class of Preferred Stock For For Mgmt
06/11/04 - A COMMERCE BANCORP, INC. *CBH* 200519106 04/23/04 600
1 Elect Directors For For Mgmt
2 Approve Stock Option Plan For Against Mgmt
3 Increase Authorized Common Stock For Against Mgmt
4 Ratify Auditors For For Mgmt
12/16/03 - A COMVERSE TECHNOLOGY, INC. *CMVT* 205862402 10/28/03 3,200
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Ratify Auditors For For Mgmt
06/15/04 - A COMVERSE TECHNOLOGY, INC. *CMVT* 205862402 04/27/04 7,800
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
06/09/04 - A COSTAR GROUP, INC. *CSGP* 22160N109 04/16/04 1,550
1 Elect Directors For Split Mgmt
1.1 Elect Director Michael R. Klein --- Withhold
1.2 Elect Director Andrew C. Florance --- For
1.3 Elect Director David Bonderman --- Withhold
1.4 Elect Director Warren H. Haber --- For
1.5 Elect Director Josiah O. Low, III --- For
1.6 Elect Director Christopher J. Nassetta ---
For
1.7 Elect Director Catherine B. Reynolds --- For
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 8
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/04/04 - A DANAHER CORP. *DHR* 235851102 03/10/04 1,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Stock Option Plan For For Mgmt
4 Develop Charter Language on Board Diversity Against Against ShrHoldr
11/28/03 - S DST SYSTEMS, INC. *DST* 233326107 11/10/03 950
1 Approve Reorganization Plan For For Mgmt
04/28/04 - A EATON CORP. *ETN* 278058102 03/01/04 1,750
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
06/24/04 - A EBAY INC. *EBAY* 278642103 04/26/04 500
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Amend Stock Option Plan For For Mgmt
4 Increase Authorized Common Stock For For Mgmt
5 Ratify Auditors For For Mgmt
6 Expense Stock Options Against Against ShrHoldr
06/03/04 - A ELECTRONICS FOR IMAGING, INC. *EFII* 286082102 04/12/04 1,800
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
05/13/04 - A ENTERCOM COMMUNICATIONS CORP. *ETM* 293639100 03/19/04 1,150
1 Elect Directors For For Mgmt
05/24/04 - A EURONET WORLDWIDE INC. *EEFT* 298736109 04/09/04 1,900
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
05/05/04 - A EXPEDITORS INTERNATIONAL OF 302130109 03/10/04 2,080
WASHINGTON, INC. *EXPD*
1 Elect Directors For Split Mgmt
1.1 Elect Director Peter J. Rose --- Withhold
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 9
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.2 Elect Director James L.K. Wang --- Withhold
1.3 Elect Director R. Jordan Gates --- Withhold
1.4 Elect Director James J. Casey --- For
1.5 Elect Director Dan P. Kourkoumelis --- For
1.6 Elect Director Michael J. Malone --- For
1.7 Elect Director John W. Meisenbach --- For
01/08/04 - A FACTSET RESEARCH SYSTEMS, INC. *FDS* 303075105 11/07/03 100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
02/02/04 - A FAIR ISAAC INC. *FIC* 303250104 12/05/03 1,050
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Ratify Auditors For For Mgmt
05/04/04 - A FAIRCHILD SEMICONDUCTOR 303726103 03/10/04 1,700
INTERNATIONAL, INC. *FCS*
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
04/20/04 - A FASTENAL CO. *FAST* 311900104 02/23/04 2,180
1 Elect Directors For Split Mgmt
1.1 Elect Director Robert A. Kierlin ---
Withhold
1.2 Elect Director Stephen M. Slaggie ---
Withhold
1.3 Elect Director Michael M. Gostomski --- For
1.4 Elect Director John D. Remick --- For
1.5 Elect Director Henry K. McConnon --- For
1.6 Elect Director Robert A. Hansen --- For
1.7 Elect Director Willard D. Oberton ---
Withhold
1.8 Elect Director Michael J. Dolan --- For
1.9 Elect Director Reyne K. Wisecup --- Withhold
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 10
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/06/04 - A FISERV, INC. *FISV* 337738108 02/13/04 4,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
05/26/04 - A FOOT LOCKER INC *FL* 344849104 04/02/04 800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
06/01/04 - A FOUNDRY NETWORKS, INC. *FDRY* 35063R100 04/09/04 2,700
1 Elect Directors For Split Mgmt
1.1 Elect Director Bobby R. Johnson, Jr. --- For
1.2 Elect Director Andrew K. Ludwick --- For
1.3 Elect Director Alfred J. Amoroso --- For
1.4 Elect Director C. Nicholas Keating, Jr. ---
For
1.5 Elect Director J. Steven Young --- Withhold
1.6 Elect Director Alan L. Earhart --- For
2 Ratify Auditors For For Mgmt
06/16/04 - A FRED'S, INC. *FRED* 356108100 04/30/04 600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Employee Stock Purchase Plan For For Mgmt
05/13/04 - A GENTEX CORP. *GNTX* 371901109 03/19/04 2,200
1 Elect Directors For For Mgmt
2 Amend Stock Option Plan For For Mgmt
3 Increase Authorized Common Stock For For Mgmt
4 Ratify Auditors For For Mgmt
05/17/04 - A GETTY IMAGES, INC. *GYI* 374276103 03/19/04 1,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
09/10/03 - A H&R BLOCK, INC. *HRB* 093671105 07/08/03 1,500
1 Elect Directors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 11
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.1 Elect Director G. Kenneth Baum --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Henry F. Frigon --- For
1.3 Elect Director Roger W. Hale --- For
2 Amend Omnibus Stock Plan For For Mgmt
VOTE RECOMMENDATION THE TOTAL COST OF THE COMPANY'S PLANS
OF 7.08 PERCENT IS WITHIN THE ALLOWABLE CAP FOR THIS
COMPANY OF 10.10 PERCENT.
3 Ratify Auditors For For Mgmt
11/12/03 - A HARMAN INTERNATIONAL INDUSTRIES, INC. 413086109 09/15/03 400
*HAR*
1 Elect Directors For For Mgmt
1.1 Elect Director Edward H. Meyer --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Gregory P. Stapleton --- For
1.3 Elect Director Stanley A. Weiss --- For
2 Approve Stock Split For For Mgmt
BASED ON THE COMPANY'S CURRENT STOCK PRICE AND THE
REASONABLE INCREASE IN AUTHORIZED SHARES, WE RECOMMEND A
VOTE FOR THIS PROPOSAL.
05/13/04 - A HCC INSURANCE HOLDINGS, INC. *HCC* 404132102 04/05/04 720
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
02/17/04 - A HEALTH MANAGEMENT ASSOCIATES, INC. 421933102 12/19/03 4,010
*HMA*
1 Elect Directors For For Mgmt
05/25/04 - A HENRY SCHEIN, INC. *HSIC* 806407102 04/15/04 800
1 Elect Directors For Split Mgmt
1.1 Elect Director Stanley M. Bergman --- For
1.2 Elect Director Gerald A. Benjamin --- For
1.3 Elect Director James P. Breslawski --- For
1.4 Elect Director Mark E. Mlotek --- For
1.5 Elect Director Steven Paladino --- For
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 12
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.6 Elect Director Barry J. Alperin --- For
1.7 Elect Director Pamela Joseph --- Withhold
1.8 Elect Director Donald J. Kabat --- For
1.9 Elect Director Marvin H. Schein --- For
1.10 Elect Director Irving Shafran --- For
1.11 Elect Director Philip A. Laskawy --- For
1.12 Elect Director Norman S. Matthews --- For
1.13 Elect Director Louis W. Sullivan --- For
1.14 Elect Director Margaret A. Hamburg --- For
2 Amend Stock Option Plan For For Mgmt
3 Amend Non-Employee Director Omnibus Stock For For Mgmt
Plan
4 Approve Employee Stock Purchase Plan For For Mgmt
5 Ratify Auditors For For Mgmt
06/17/04 - A HOT TOPIC, INC. *HOTT* 441339108 04/21/04 1,900
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
10/29/03 - A INTEGRATED CIRCUIT SYSTEMS, INC. 45811K208 09/19/03 1,100
*ICST*
1 Elect Directors For Split Mgmt
1.1 Elect Director Hock E. Tan --- Withhold
WE RECOMMEND THAT SHAREHOLDERS VOTE FOR NAM P.
SUH, PH.D., BUT WITHHOLD VOTES FROM INSIDER HOCK
E. TAN FOR FAILURE TO ESTABLISH AN INDEPENDENT
NOMINATING COMMITTEE.
1.2 Elect Director Nam P. Suh, Ph.D. --- For
05/12/04 - A INTERSIL CORPORATION *ISIL* 46069S109 03/17/04 1,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
04/13/04 - A INVESTORS FINANCIAL SERVICES CORP. 461915100 02/20/04 4,480
*IFIN*
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 13
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
4 Ratify Auditors For For Mgmt
04/29/04 - A INVITROGEN CORP. *IVGN* 46185R100 02/27/04 500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Amend Employee Stock Purchase Plan For For Mgmt
05/27/04 - A IRON MOUNTAIN INC. *IRM* 462846106 04/05/04 1,005
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
02/10/04 - A JACOBS ENGINEERING GROUP INC. *JEC* 469814107 01/05/04 2,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
11/06/03 - A JDS UNIPHASE CORP. *JDSU* 46612J101 09/15/03 10,600
1 Elect Directors For For Mgmt
1.1 Elect Director Robert E. Enos --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Peter A. Guglielmi --- For
2 Approve Omnibus Stock Plan For For Mgmt
VOTE RECOMMENDATION THE TOTAL COST OF THE COMPANY'S PLANS
OF 9.47 PERCENT IS WITHIN THE ALLOWABLE CAP FOR THIS
COMPANY OF 12.23 PERCENT. ADDITIONALLY, THIS PLAN
EXPRESSLY FORBIDS REPRICING.
3 Ratify Auditors For For Mgmt
05/26/04 - A KRISPY KREME DOUGHNUTS INC. *KKD* 501014104 03/24/04 1,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
04/27/04 - A L-3 COMMUNICATIONS HOLDINGS, INC. 502424104 03/19/04 800
*LLL*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
4 Amend Omnibus Stock Plan For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 14
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/27/04 - A LAMAR ADVERTISING COMPANY *LAMR* 512815101 04/05/04 1,800
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
05/13/04 - A LEAR CORPORATION *LEA* 521865105 03/19/04 350
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
07/22/03 - A LEGG MASON, INC. *LM* 524901105 05/23/03 1,480
1 Elect Directors For Split Mgmt
1.1 Elect Director Carl Bildt --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS WITH THE EXCEPTION
OF INSIDER HARRY M. FORD, JR.. WE RECOMMEND THAT
SHAREHOLDERS WITHHOLD VOTES FROM HARRY M. FORD, JR. FOR
FAILURE TO ESTABLISH AN INDEPENDENT NOMINATING COMMITTEE.
1.2 Elect Director Harry M. Ford, Jr. ---
Withhold
1.3 Elect Director John E. Koerner, III --- For
1.4 Elect Director Peter F. O'Malley --- For
1.5 Elect Director James E. Ukrop --- For
1.6 Elect Director Dennis R. Beresford --- For
04/02/04 - A LEHMAN BROTHERS HOLDINGS INC. *LEH* 524908100 02/13/04 1,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
11/05/03 - A LINEAR TECHNOLOGY CORP. *LLTC* 535678106 09/08/03 1,600
1 Elect Directors For Split Mgmt
1.1 Elect Director Robert H. Swanson, Jr. ---
Withhold
WE RECOMMEND A VOTE FOR THE DIRECTORS WITH THE EXCEPTION
OF INSIDER ROBERT H. SWANSON, JR. WE RECOMMEND THAT
SHAREHOLDERS WITHHOLD VOTES FROM ROBERT H. SWANSON, JR.,
FOR FAILURE TO ESTABLISH AN INDEPENDENT NOMINATING
COMMITTEE.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 15
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.2 Elect Director David S. Lee --- For
1.3 Elect Director Leo T. McCarthy --- For
1.4 Elect Director Richard M. Moley --- For
1.5 Elect Director Thomas S. Volpe --- For
2 Ratify Auditors For For Mgmt
04/30/04 - A LITTELFUSE, INC. *LFUS* 537008104 03/12/04 700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/05/04 - A MARVEL ENTERPRISES, INC. *MVL* 57383M108 03/24/04 800
1 Elect Directors For For Mgmt
2 Amend Articles/Bylaws/Charter-Non-Routine For For Mgmt
3 Amend Omnibus Stock Plan For Against Mgmt
4 Ratify Auditors For For Mgmt
05/28/04 - A MARVELL TECHNOLOGY GROUP LTD *MRVL* G5876H105 04/14/04 2,100
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 TO AUTHORIZE THE BOARD OF DIRECTORS TO FIX For For Mgmt
THE AUDITORS REMUNERATION FOR THE 2005 FISCAL YEAR
ENDING JANUARY 29, 2005.
4 TO APPROVE AN INCREASE TO THE COMPANY S For For Mgmt
AUTHORIZED SHARE CAPITAL.
11/19/03 - A MEDICIS PHARMACEUTICAL CORP. *MRX* 584690309 10/10/03 1,560
1 Elect Directors For For Mgmt
1.1 Elect Director Arthur G. Altschul, Jr. ---
For
WE RECOMMEND WITHHOLDING VOTES FROM ALL OF THE NOMINEES.
WE RECOMMEND THAT SHAREHOLDERS WITHHOLD VOTES FROM AUDIT
COMMITTEE MEMBERS PHILIP S. SCHEIN, M.D. AND ARTHUR G.
ALTSCHUL, JR. FOR PAYING EXCESSIVE NON-AUDIT FEES.
1.2 Elect Director Philip S. Schein, M.D. ---
For
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 16
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
2 Increase Authorized Common Stock For For Mgmt
THE REQUESTED INCREASE OF 100,000,000 SHARES IS ABOVE THE
ALLOWABLE THRESHOLD OF 62,500,000 SHARES.
3 Ratify Auditors For For Mgmt
12/10/03 - S MERCURY INTERACTIVE CORP. *MERQ* 589405109 10/31/03 900
1 Amend Stock Option Plan For Against Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
08/15/03 - A MICROCHIP TECHNOLOGY, INC. *MCHP* 595017104 06/20/03 3,725
1 Elect Directors For For Mgmt
1.1 Elect Director Steve Sanghi --- For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Albert J. Hugo-Martinez ---
For
1.3 Elect Director L.B. Day --- For
1.4 Elect Director Matthew W. Chapman --- For
1.5 Elect Director Wade F. Meyercord --- For
2 Amend Employee Stock Purchase Plan For For Mgmt
ISS APPROVES OF THIS ITEM BECAUSE THE PLAN COMPLIES WITH
SECTION 423 OF THE INTERNAL REVENUE CODE, THE NUMBER OF
SHARES BEING ADDED IS RELATIVELY CONSERVATIVE, THE
OFFERING PERIOD IS REASONABLE, AND THERE ARE LIMITATIONS
ON PARTICIPATION.
3 Amend Employee Stock Purchase Plan For For Mgmt
ISS APPROVES OF THIS ITEM BECAUSE THE PLAN COMPLIES WITH
SECTION 423 OF THE INTERNAL REVENUE CODE, THE NUMBER OF
SHARES BEING ADDED IS RELATIVELY CONSERVATIVE, THE
OFFERING PERIOD IS REASONABLE, AND THERE ARE LIMITATIONS
ON PARTICIPATION.
04/27/04 - A MOODY'S CORPORATION *MCO* 615369105 03/01/04 1,000
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Ratify Auditors For For Mgmt
5 Performance- Based Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 17
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
02/23/04 - S MOORE WALLACE INCORPORATED (FORMERLY 615857109 01/15/04 2,550
MOORE CORP. LTD. )
1 Approve Arrangement Resolution For For Mgmt
2 Issue Shares in Connection with the None For Mgmt
acquisition of Payment Processing Solutions
Inc.
05/11/04 - A NATIONAL INSTRUMENTS CORP. *NATI* 636518102 03/15/04 1,350
1 Elect Directors For For Mgmt
2 Amend Stock Option Plan For For Mgmt
10/29/03 - S NEW YORK COMMUNITY BANCORP, INC. 649445103 09/12/03 1,100
*NYB*
1 Approve Merger Agreement For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
05/19/04 - A NEW YORK COMMUNITY BANCORP, INC. 649445103 03/29/04 2,620
*NYB*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/18/04 - A OMNICARE, INC. *OCR* 681904108 03/31/04 2,100
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
05/25/04 - A OMNICOM GROUP INC. *OMC* 681919106 04/09/04 1,500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Non-Employee Director Stock Option For For Mgmt
Plan
05/19/04 - A PACIFIC SUNWEAR OF CALIFORNIA, INC. 694873100 04/05/04 1,750
*PSUN*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
09/08/03 - A PATTERSON COS INC. *PDCO* 703412106 07/14/03 720
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 18
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
10/02/03 - A PAYCHEX, INC. *PAYX* 704326107 08/04/03 3,450
1 Elect Directors For Split Mgmt
1.1 Elect Director B. Thomas Golisano ---
Withhold
WE RECOMMEND A VOTE FOR THE DIRECTORS WITH THE EXCEPTIONS
OF AFFILIATED OUTSIDERS JOSEPH M. TUCCI, J. ROBERT SEBO,
G. THOMAS CLARK AND INSIDER B. THOMAS GOLISANO. WE
RECOMMEND THAT SHAREHOLDERS WITHHOLD VOTES FROM G. THOMAS
CLARK, JOSEPH M. TUCCI, B. THOMAS GOLISANO AND J. ROBERT
SEBO FOR FAILURE TO ESTABLISH AN INDEPENDENT NOMINATING
COMMITTEE AND FROM G.THOMAS CLARK FOR STANDING AS AN
AFFILIATED OUTSIDER ON THE AUDIT COMMITTEE AND JOSEPH M.
TUCCI FOR STANDING AS AN AFFILIATED OUTSIDER ON THE
COMPENSATION COMMITTEE.
1.2 Elect Director Betsy S. Atkins --- For
1.3 Elect Director G. Thomas Clark --- Withhold
1.4 Elect Director David J. S. Flaschen --- For
1.5 Elect Director Phillip Horsley --- For
1.6 Elect Director Grant M. Inman --- For
1.7 Elect Director J. Robert Sebo --- Withhold
1.8 Elect Director Joseph M. Tucci --- Withhold
06/03/04 - A PETCO ANIMAL SUPPLIES, INC. *PETC* 716016209 04/16/04 1,400
1 Elect Directors For For Mgmt
2 Report on Animal Sales Against Abstain ShrHoldr
06/02/04 - A POLYCOM, INC. *PLCM* 73172K104 04/09/04 850
1 Elect Directors For Split Mgmt
1.1 Elect Director Betsy S. Atkins --- For
1.2 Elect Director John Seely Brown --- For
1.3 Elect Director Robert C. Hagerty --- For
1.4 Elect Director John A. Kelley, Jr. --- For
1.5 Elect Director Michael R. Kourey --- For
1.6 Elect Director Stanley J. Meresman --- For
1.7 Elect Director William A. Owens --- Withhold
1.8 Elect Director Durk I. Jager --- For
1.9 Elect Director Thomas G. Stemberg --- For
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 19
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
04/14/04 - A R. R. DONNELLEY & SONS CO. *RRD* 257867101 03/01/04 1,228
1 Elect Directors For For Mgmt
2 Sale of Company Assets Against Against ShrHoldr
3 Expense Stock Options Against Against ShrHoldr
10/30/03 - A REGIS CORP. *RGS* 758932107 09/19/03 1,100
1 Elect Directors For For Mgmt
11/13/03 - A RESMED, INC. *RMD* 761152107 09/15/03 3,200
1 Elect Directors For For Mgmt
1.1 Elect Director Peter C. Farrell, Ph.D. ---
For
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director Gary W. Pace, Ph.D. --- For
2 Approve Employee Stock Purchase Plan For For Mgmt
ISS APPROVES OF THIS PLAN BECAUSE IT COMPLIES WITH SECTION
423 OF THE INTERNAL REVENUE CODE, THE NUMBER OF SHARES
BEING RESERVED IS RELATIVELY CONSERVATIVE, THE OFFERING
PERIOD IS REASONABLE, AND THERE ARE LIMITS ON
PARTICIPATION.
3 Approve Increase in Non-Executive Director For For Mgmt
Fees
WE BELIEVE THESE FEES REPRESENT AN APPROPRIATE
FORM OF COMPENSATION FOR THE COMPANY'S DIRECTORS.
AS SUCH, THIS ITEM WARRANTS SHAREHOLDER APPROVAL.
4 Ratify Auditors For For Mgmt
05/04/04 - A ROBERT HALF INTERNATIONAL INC. *RHI* 770323103 03/11/04 5,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
02/04/04 - A ROCKWELL AUTOMATION INC *ROK* 773903109 12/08/03 1,600
A.1 Elect Director Don H. Davis, Jr. For For Mgmt
A.2 Elect Director William H. Gray, III For For Mgmt
A.3 Elect Director William T. McCormick, Jr. For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 20
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
A.4 Elect Director Keith D. Nosbusch For For Mgmt
B Ratify Auditors For For Mgmt
C Amend Omnibus Stock Plan For For Mgmt
05/27/04 - A SIRVA, INC. *SIR* 82967Y104 04/01/04 1,400
1 Elect Directors For Split Mgmt
1.1 Elect Director Kathleen J. Affeldt --- For
1.2 Elect Director Richard J. Schnall ---
Withhold
1.3 Elect Director Carl T. Stocker --- For
2 Ratify Auditors For For Mgmt
01/21/04 - A SONIC CORP. *SONC* 835451105 11/28/03 1,235
1 Elect Directors For For Mgmt
1.1 Elect Director J. Clifford Hudson --- For
NO CHANGE IN VOTE
1.2 Elect Director Robert M. Rosenberg --- For
NO CHANGE IN VOTE
1.3 Elect Director Federico F. Pena --- For
NO CHANGE IN VOTE
2 Other Business For Against Mgmt
VOTE CHANGED TO "AGAINST" PER PROXY POLICY
05/05/04 - A SOUTHWEST BANCORPORATION OF TEXAS, 84476R109 03/25/04 1,050
INC. *SWBT*
1 Elect Directors For For Mgmt
2 Approve Deferred Compensation Plan For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Ratify Auditors For For Mgmt
05/12/04 - A ST. JUDE MEDICAL, INC. *STJ* 790849103 03/15/04 1,500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Increase Authorized Common Stock For For Mgmt
5 Limit Executive Compensation Against Against ShrHoldr
06/17/04 - A STAPLES, INC. *SPLS* 855030102 04/19/04 6,850
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 21
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Amend Employee Stock Purchase Plan For For Mgmt
5 Ratify Auditors For For Mgmt
6 Submit Shareholder Rights Plan (Poison Against Against ShrHoldr
Pill) to Shareholder Vote
7 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
8 Limit Executive Compensation Against Against ShrHoldr
9 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr
Services
03/30/04 - A STARBUCKS CORP. *SBUX* 855244109 01/26/04 1,690
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/20/04 - A STORAGE TECHNOLOGY CORP. *STK* 862111200 04/02/04 1,000
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Provide for Cumulative Voting Against For ShrHoldr
05/14/04 - A SUNGARD DATA SYSTEMS INC. *SDS* 867363103 03/15/04 1,700
1 Elect Directors For Split Mgmt
1.1 Elect Director Gregory S. Bentley ---
Withhold
1.2 Elect Director Michael C. Brooks --- For
1.3 Elect Director Cristobal Conde --- For
1.4 Elect Director Ramon de Oliveira --- For
1.5 Elect Director Henry C. Duques --- For
1.6 Elect Director Albert A. Eisenstat --- For
1.7 Elect Director Bernard Goldstein --- For
1.8 Elect Director Janet Brutschea Haugen ---
For
1.9 Elect Director James L. Mann --- For
1.10 Elect Director Malcolm I. Ruddock --- For
2 Ratify Auditors For For Mgmt
08/21/03 - A SYMANTEC CORP. *SYMC* 871503108 07/08/03 900
1 Elect Directors For For Mgmt
1.1 Elect Director Tania Amochaev --- For
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 22
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
WE RECOMMEND A VOTE FOR THE DIRECTORS.
1.2 Elect Director William Coleman --- For
1.3 Elect Director Dr. Per-Kristian Halvorsen
--- For
1.4 Elect Director David Mahoney --- For
1.5 Elect Director Robert S. Miller --- For
1.6 Elect Director Bill Owens --- For
1.7 Elect Director George Reyes --- For
1.8 Elect Director Daniel H. Schulman --- For
1.9 Elect Director John W. Thompson --- For
2 Increase Authorized Common Stock For For Mgmt
3 Amend Stock Option Plan For Against Mgmt
VOTE RECOMMENDATION WE COMMEND THE COMPANY FOR EXPRESSLY
FORBIDDING THE REPRICING OF STOCK OPTIONS UNDER THE PLAN.
HOWEVER, THE TOTAL COST OF THE COMPANY'S PLANS OF 14.01
PERCENT IS ABOVE THE ALLOWABLE CAP FOR THIS COMPANY OF
12.88 PERCENT.
4 Approve Executive Incentive Bonus Plan For For Mgmt
THE PERFORMANCE MEASURES INCLUDED UNDER THE PLAN ARE
APPROPRIATE FOR THE COMPANY GIVEN ITS LINE OF BUSINESS,
LONG-TERM STRATEGIC OBJECTIVES, AND INDUSTRY-SPECIFIC
MEASURES FOR ASSESSING MARKET COMPETITIVENESS.
ADDITIONALLY, THE PLAN IS ADMINISTERED BY A COMMITTEE OF
INDEPENDENT OUTSIDERS WHO MUST CERTIFY ATTAINMENT OF THESE
OBJECTIVE, MEASURABLE PERFORMANCE GOALS BEFORE CASH AWARDS
ARE PAID TO PARTICIPANTS. MOREOVER, PRESERVATION OF THE
FULL DEDUCTIBILITY OF ALL COMPENSATION PAID REDUCES THE
COMPANY'S CORPORATE TAX OBLIGATION.
5 Ratify Auditors For For Mgmt
04/08/04 - A T. ROWE PRICE GROUP, INC. *TROW* 74144T108 02/06/04 2,050
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Other Business For Against Mgmt
05/14/04 - A TEKELEC *TKLC* 879101103 03/22/04 1,700
1 Elect Directors For Split Mgmt
1.1 Elect Director Robert V. Adams --- For
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 23
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.2 Elect Director Jean-Claude Asscher ---
Withhold
1.3 Elect Director Daniel L. Brenner ---
Withhold
1.4 Elect Director Martin A. Kaplan --- Withhold
1.5 Elect Director Frederick M. Lax --- Withhold
1.6 Elect Director Jon F. Rager --- Withhold
2 Amend Stock Option Plan For Against Mgmt
3 Amend Omnibus Stock Plan For Against Mgmt
4 Amend Non-Employee Director Stock Option For Against Mgmt
Plan
5 Ratify Auditors For For Mgmt
03/31/04 - A THE BEAR STEARNS COMPANIES INC. *BSC* 073902108 02/19/04 350
1 Elect Directors For For Mgmt
2 Amend the Capital Accumulation Plan for For Against Mgmt
Senior Managing Directors
3 Amend Stock Option Plan For Against Mgmt
4 Approve Restricted Stock Plan For Against Mgmt
5 Ratify Auditors For For Mgmt
05/18/04 - A THE CHEESECAKE FACTORY, INC. *CAKE* 163072101 03/31/04 1,050
1 Elect Directors For Withhold Mgmt
2 Amend Stock Option Plan For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
4 Amend Non-Employee Director Stock Option For For Mgmt
Plan
03/23/04 - A THE COOPER COMPANIES, INC. *COO* 216648402 02/03/04 1,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
06/30/04 - A THE MEN'S WEARHOUSE, INC. *MW* 587118100 05/12/04 2,000
1 Elect Directors For Split Mgmt
1.1 Elect Director George Zimmer --- For
1.2 Elect Director David H. Edwab --- For
1.3 Elect Director Rinaldo S. Brutoco --- For
1.4 Elect Director Michael L. Ray, Ph.D. --- For
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 24
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.5 Elect Director Sheldon I. Stein --- Withhold
1.6 Elect Director Kathleen Mason --- For
1.7 Elect Director Deepak Chopra, M.D. --- For
1.8 Elect Director William B. Sechrest --- For
2 Approve Omnibus Stock Plan For For Mgmt
3 Amend Stock Option Plan For For Mgmt
4 Amend Non-Employee Director Stock Option For For Mgmt
Plan
5 Implement ILO Based Code of Conduct Against Abstain ShrHoldr
6 Require Two-Thirds Majority of Independent Against Against ShrHoldr
Directors on Board
06/02/04 - A THE PEP BOYS - MANNY, MOE & JACK 713278109 04/02/04 900
*PBY*
1 Elect Directors For Split Mgmt
1.1 Elect Director Benjamin Strauss --- Withhold
1.2 Elect Director Bernard J. Korman ---
Withhold
1.3 Elect Director J. Richard Leaman, Jr. ---
Withhold
1.4 Elect Director Malcolmn D. Pryor ---
Withhold
1.5 Elect Director Peter A. Bassi --- Withhold
1.6 Elect Director Jane Scaccetti --- Withhold
1.7 Elect Director John T. Sweetwood ---
Withhold
1.8 Elect Director William Leonard --- Withhold
1.9 Elect Director Lawrence N. Stevenson --- For
1.10 Elect Director M. Shan Atkins --- For
2 Ratify Auditors For For Mgmt
3 Amend Executive Incentive Bonus Plan For For Mgmt
4 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
02/25/04 - A THE VALSPAR CORP. *VAL* 920355104 12/31/03 1,050
1 Elect Directors For For Mgmt
2 Approve/Amend Executive Incentive Bonus Plan For For Mgmt
3 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 25
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/20/04 - A TIFFANY & CO. *TIF* 886547108 03/25/04 1,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
04/15/04 - A TRACTOR SUPPLY CO. *TSCO* 892356106 03/02/04 2,700
1 Elect Directors For Split Mgmt
1.1 Elect Director James F. Wright --- For
1.2 Elect Director Gerard E. Jones --- Withhold
1.3 Elect Director Edna K. Morris --- For
2 Ratify Auditors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
05/06/04 - A UNITED ONLINE, INC. *UNTD* 911268100 03/29/04 2,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Other Business For Against Mgmt
05/12/04 - A UNIVISION COMMUNICATIONS INC. *UVN* 914906102 03/15/04 2,385
1 Elect Directors For Split Mgmt
1.1 Elect Director A. Jerrold Perenchio ---
Withhold
1.2 Elect Director Fernando Aguirre --- For
1.3 Elect Director Harold Gaba --- For
1.4 Elect Director Alan F. Horn --- For
1.5 Elect Director John G. Perenchio ---
Withhold
1.6 Elect Director Ray Rodriguez --- Withhold
1.7 Elect Director McHenry T. Tichenor, Jr. ---
Withhold
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
09/24/03 - S UTSTARCOM, INC. *UTSI* 918076100 08/15/03 2,370
1 Increase Authorized Common Stock For For Mgmt
ISS VOTE REC. CHANGE.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 26
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF AIM AGGRESSIVE GROWTH FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/14/04 - A UTSTARCOM, INC. *UTSI* 918076100 03/29/04 970
1 Elect Directors For Split Mgmt
1.1 Elect Director Thomas J. Toy --- For
1.2 Elect Director Ying Wu --- Withhold
2 Ratify Auditors For For Mgmt
02/19/04 - A VARIAN MEDICAL SYSTEMS INC *VAR* 92220P105 12/22/03 880
1 Elect Directors For For Mgmt
2 Amend Executive Incentive Bonus Plan For For Mgmt
06/10/04 - S VARIAN MEDICAL SYSTEMS INC *VAR* 92220P105 04/12/04 580
1 Increase Authorized Common Stock For For Mgmt
05/04/04 - A WATERS CORP. *WAT* 941848103 03/15/04 1,300
1 Elect Directors For Split Mgmt
1.1 Elect Director Joshua Bekenstein --- For
1.2 Elect Director M.J. Berendt, Ph.D. --- For
1.3 Elect Director Douglas A. Berthiaume --- For
1.4 Elect Director Philip Caldwell --- For
1.5 Elect Director Edward Conard --- Withhold
1.6 Elect Director L.H. Glimcher, M.D. --- For
1.7 Elect Director William J. Miller --- For
1.8 Elect Director Thomas P. Salice --- Withhold
2 Ratify Auditors For For Mgmt
3 Other Business For Against Mgmt
05/19/04 - A WILLIAMS-SONOMA, INC. *WSM* 969904101 03/29/04 3,120
1 Elect Directors For For Mgmt
2 Amend Stock Option Plan For For Mgmt
3 Ratify Auditors For For Mgmt
06/03/04 - A ZEBRA TECHNOLOGIES CORP. *ZBRA* 989207105 04/08/04 100
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Ratify Auditors For For Mgmt
4 Adopt Charter Language on Board Diversity Against Abstain ShrHoldr
07/22/03 - S ZIMMER HOLDINGS INC *ZMH* 98956P102 06/16/03 1,400
1 Issue Shares in Connection with an For For Mgt
Acquisition
CONCLUSION: BASED ON THE FAIRNESS OPINION AND THE
POTENTIAL STRATEGIC SYNERGIES, WE BELIEVE THE MERGER
AGREEMENT WARRANTS SHAREHOLDER SUPPORT.
05/10/04 - A ZIMMER HOLDINGS INC *ZMH* 98956P102 03/15/04 1,550
1 Elect Directors For Withhold Mgmt
2 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
3 Ratify Auditors Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 27
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF GOLDMAN SACHS SHORT DURATION BOND FUND
The registrant did not hold any portfolio securities with respect to which the
registrant was entitled to vote during the period from July 1, 2003 through June
30, 2004.
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/23/04 - A ABBOTT LABORATORIES *ABT* 002824100 02/25/04 3,460
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Drug Pricing Against Against ShrHoldr
4 Report on Political Contributions/Activities Against Against ShrHoldr
5 Prohibit Awards to Executives Against Against ShrHoldr
6 Report on Operational Imact of HIV/AIDS, Against Against ShrHoldr
TB, and Malaria Pandemic
04/23/04 - A ABBOTT LABORATORIES *ABT* 002824PPH 02/25/04 3,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Drug Pricing Against Against ShrHoldr
4 Report on Political Contributions/Activities Against Against ShrHoldr
5 Prohibit Awards to Executives Against Against ShrHoldr
6 Report on Operational Imact of HIV/AIDS, Against Against ShrHoldr
TB, and Malaria Pandemic
03/22/04 - A ADVANCEPCS 00790K109 02/05/04 2,000
1 Approve Merger Agreement For For Mgmt
2 Elect Directors For Split Mgmt
2.1 Elect Director T. Danny Phillips ---
Withhold
2.2 Elect Director Dr. George Poste --- For
2.3 Elect Director Jean-Pierre Millon ---
Withhold
3 Approve Omnibus Stock Plan For For Mgmt
4 Amend Articles For For Mgmt
5 Ratify Auditors For For Mgmt
6 Adjourn Meeting For Against Mgmt
04/30/04 - A AETNA INC. *AET* 00817Y108 02/27/04 3,500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Provide for Cumulative Voting Against For ShrHoldr
4 Limit Executive Compensation Against Against ShrHoldr
09/09/03 - A ** ALKERMES, INC. *ALKS* 01642TBBH 07/23/03 1,100
1 Elect Directors For For Mgmt
2 Amend Stock Option Plan For For Mgmt
3 Amend Non-Employee Director Stock Option For For Mgmt
Plan
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 1
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/28/04 - A ALLERGAN, INC. *AGN* 018490102 03/08/04 4,300
1 Elect Directors For Split Mgmt
1.1 Elect Director Handel E. Evans --- For
1.2 Elect Director Michael R. Gallagher --- For
1.3 Elect Director Gavin S. Herbert --- Withhold
1.4 Elect Director Stephen J. Ryan --- For
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against For ShrHoldr
4 Separate Chairman and CEO Positions Against For ShrHoldr
05/13/04 - A AMGEN, INC. *AMGN* 031162100 03/19/04 2,300
1 Elect Directors For Split Mgmt
1.1 Elect Director Frank J. Biondi, Jr. --- For
1.2 Elect Director Jerry D. Choate --- Withhold
1.3 Elect Director Frank C. Herringer --- For
1.4 Elect Director Gilbert S. Omenn --- For
2 Ratify Auditors For For Mgmt
3 Prepare Glass Ceiling Report Against Against ShrHoldr
4 Expense Stock Options Against For ShrHoldr
05/17/04 - A ANTHEM INC. *ATH* 03674B104 03/19/04 2,700
1 Elect Directors For For Mgmt
06/28/04 - S ANTHEM INC. *ATH* 03674B104 05/10/04 2,300
1 Issue Shares in Connection with an For For Mgmt
Acquisition
2 Change Company Name For For Mgmt
10/16/03 - A ** APPLERA CORP *ABI* 038020103 08/27/03 2,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
10/23/03 - A ** BARR PHARMACEUTICALS INC *BRL* 068306109 09/02/03 1,600
1 Elect Directors For For Mgmt
2 Change State of Incorporation from New York For For Mgmt
to Delaware
3 Increase Authorized Common Stock For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 2
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
11/12/03 - S ** BIOGEN IDEC INC *BIIB* 449370105 09/25/03 1,100
1 Approve Merger Agreement For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
5 Adjourn Meeting For Against Mgmt
06/16/04 - A BIOGEN IDEC INC *BIIB* 09062X103 04/20/04 3,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
11/12/03 - S ** BIOGEN, INC. 090597105 09/25/03 1,100
1 Approve Merger Agreement For For Mgmt
2 Adjourn Meeting For Against Mgmt
09/27/03 - A ** BIOMET, INC. *BMET* 090613100 08/07/03 3,900
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
10/06/03 - S ** BOSTON SCIENTIFIC CORP. *BSX* 101137107 08/27/03 2,400
1 Increase Authorized Common Stock For For Mgmt
05/11/04 - A BOSTON SCIENTIFIC CORP. *BSX* 101137107 03/19/04 4,900
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/04/04 - A BRISTOL-MYERS SQUIBB CO. *BMY* 110122108 03/08/04 8,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Report on Political Contributions/Activities Against Against ShrHoldr
4 Cease Political Contributions/Activities Against Against ShrHoldr
5 Separate Chairman and CEO Positions Against For ShrHoldr
6 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr
TB, and Malaria Pandemic
7 Require Affirmative Vote of a Majority of Against Against ShrHoldr
the Shares to Elect Directors
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 3
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
03/22/04 - S CAREMARK RX, INC. *CMX* 141705103 02/05/04 4,200
1 Increase Authorized Common Stock For For Mgmt
2 Approve Issuance of Stock in Connection For For Mgmt
with Merger Agreement
3 Increase Authorized Preferred Stock For Against Mgmt
4 Approve Omnibus Stock Plan For For Mgmt
5 Allow Postponement or Adjournment of For Against Mgmt
Special Meeting
05/04/04 - A CAREMARK RX, INC. *CMX* 141705103 04/01/04 8,370
1 Elect Directors For For Mgmt
05/25/04 - A COMMUNITY HEALTH SYSTEMS, INC. *CYH* 203668108 03/31/04 2,700
1 Elect Directors For For Mgmt
2 Approve Executive Incentive Bonus Plan For For Mgmt
3 Ratify Auditors For For Mgmt
4 Separate Chairman and CEO Positions Against For ShrHoldr
06/03/04 - A COVENTRY HEALTH CARE INC. *CVH* 222862104 04/05/04 3,950
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
06/17/04 - A ELAN CORPORATION PLC 284131208 05/11/04 5,500
MEETING FOR HOLDERS OF ADRS
1 TO RECEIVE AND CONSIDER THE FINANCIAL For For Mgmt
STATEMENTS FOR THE YEAR ENDED DECEMBER 31,
2003 TOGETHER WITH THE REPORTS OF THE
DIRECTORS AND AUDITORS THEREON.
2 TO RE-ELECT MR. BRENDAN BOUSHEL WHO RETIRES For For Mgmt
FROM THE BOARD BY ROTATION AS A DIRECTOR OF
THE COMPANY.
3 TO RE-ELECT MR. JOHN GROOM WHO RETIRES FROM For For Mgmt
THE BOARD BY ROTATION AS A DIRECTOR OF THE
COMPANY.
4 TO RE-ELECT MR. KYRAN MCLAUGHLIN WHO For For Mgmt
RETIRES FROM THE BOARD BY ROTATION AS A
DIRECTOR OF THE COMPANY.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 4
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
5 TO RE-ELECT DR. DENNIS SELKOE WHO RETIRES For For Mgmt
FROM THE BOARD BY ROTATION AS A DIRECTOR OF
THE COMPANY.
6 TO RE-ELECT MR. DANIEL TULLY WHO RETIRES For For Mgmt
FROM THE BOARD BY ROTATION AS A DIRECTOR OF
THE COMPANY.
7 TO AUTHORISE THE DIRECTORS TO FIX THE For For Mgmt
REMUNERATION OF THE AUDITORS.
8 THAT THE BOARD OF DIRECTORS BE AUTHORISED For Against Mgmt
TO ISSUE SHARE OPTIONS TO NON-EXECUTIVE DIRECTORS IN
ACCORDANCE WITH THE TERMS OF THE ELAN CORPORATION,
PLC 1996 CONSULTANT OPTION PLAN.
9 THAT THE ELAN CORPORATION, PLC 2004 For Against Mgmt
RESTRICTED STOCK PLAN ( THE RSU PLAN ) BE
APPROVED AND ADOPTED.
10 THAT THE ELAN CORPORATION, PLC EMPLOYEE For For Mgmt
EQUITY PURCHASE PLAN ( THE ESPP ) BE
APPROVED AND ADOPTED.
11 THAT THE DIRECTORS BE AND ARE HEREBY For For Mgmt
GENERALLY AND UNCONDITIONALLY AUTHORISED TO ALLOT
AND ISSUE ALL RELEVANT SECURITIES OF THE COMPANY.
12 THAT THE AUTHORISED SHARE CAPITAL OF THE For For Mgmt
COMPANY BE INCREASED FROM 30,002,500 TO
33,502,500.
13 THAT, SUBJECT TO THE PASSING OF RESOLUTION For For Mgmt
12 IN THE NOTICE OF THIS MEETING, THE
ARTICLES OF ASSOCIATION BE AMENDED.
14 THAT, SUBJECT TO THE PASSING OF RESOLUTION For For Mgmt
11 IN THE NOTICE OF THE MEETING, THE
DIRECTORS BE AND ARE HEREBY EMPOWERED TO
ALLOT SECURITIES FOR CASH.
15 THAT THE COMPANY AND/OR ANY SUBSIDIARY OF For For Mgmt
THE COMPANY BE AND IS HEREBY GENERALLY AUTHORIZED TO
MAKE MARKET PURCHASES OF SHARES OF ANY CLASS OF THE
COMPANY.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 5
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
16 THAT THE RE-ISSUE PRICE RANGE AT WHICH ANY For For Mgmt
TREASURY SHARES FOR THE TIME BEING HELD BY
THE COMPANY MAY BE RE-ISSUED OFF-MARKET SHALL BE THE
MAXIMUM PRICE EQUAL TO 120 PER CENT OF THE RELEVANT
PRICE; AND THE MINIMUM PRICE EQUAL TO 95 PER CENT OF
THE RELEVA
04/19/04 - A ELI LILLY AND CO. *LLY* 532457108 02/13/04 1,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Limit Executive Compensation Against Against ShrHoldr
5 Report on Drug Pricing Against Against ShrHoldr
08/11/03 - A ** FOREST LABORATORIES, INC. *FRX* 345838106 06/20/03 7,320
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For Against Mgmt
3 Ratify Auditors For For Mgmt
04/16/04 - WC GENENTECH, INC. *DNA* 368710406 02/17/04 800
1 Amend Articles/Bylaws/Charter-Non-Routine For For Mgmt
2 Elect Directors For Split Mgmt
2.1 Elect Director Herbert W. Boyer --- Withhold
2.2 Elect Director Arthur D. Levinson ---
Withhold
2.3 Elect Director Mark Richmond --- For
2.4 Elect Director Charles A. Sanders --- For
2.5 Elect Director William M. Burns --- Withhold
2.6 Elect Director Erich Hunziker --- Withhold
2.7 Elect Director Jonathan K.C. Knowles ---
Withhold
3 Elect Director M. Burns For Withhold Mgmt
4 Elect Director Erich Hunziker For Withhold Mgmt
5 Elect Director Jonathan K.C. Knowles For Withhold Mgmt
6 Increase Authorized Common Stock For For Mgmt
7 Approve Omnibus Stock Plan For Against Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 6
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
8 Ratify Auditors For For Mgmt
05/27/04 - A GENZYME CORP. *GENZ* 372917104 03/31/04 1,400
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Approve Stock Option Plan For For Mgmt
4 Amend Non-Employee Director Stock Option For For Mgmt
Plan
5 Increase Authorized Preferred Stock For Against Mgmt
6 Ratify Auditors For For Mgmt
7 Limit Awards to Executives Against Against ShrHoldr
05/18/04 - A GUIDANT CORP. *GDT* 401698105 03/11/04 2,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against For ShrHoldr
02/17/04 - A HEALTH MANAGEMENT ASSOCIATES, INC. 421933102 12/19/03 4,700
*HMA*
1 Elect Directors For For Mgmt
04/29/04 - A INVITROGEN CORP. *IVGN* 46185R100 02/27/04 1,500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Amend Employee Stock Purchase Plan For For Mgmt
04/22/04 - A JOHNSON & JOHNSON *JNJ* 478160104 02/24/04 4,140
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Cease Charitable Contributions Against Against ShrHoldr
04/21/04 - A MEDCO HEALTH SOLUTIONS INC *MHS* 58405U102 03/10/04 6,089
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
08/28/03 - A ** MEDTRONIC, INC. *MDT* 585055106 07/03/03 1,300
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 7
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/27/04 - A MERCK & CO., INC. *MRK* 589331107 02/24/04 7,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Declassify the Board of Directors For For Mgmt
4 Prohibit Awards to Executives Against Against ShrHoldr
5 Develop Ethical Criteria for Patent Against Against ShrHoldr
Extension
6 Link Executive Compensation to Social Issues Against Against ShrHoldr
7 Report on Political Contributions Against Against ShrHoldr
8 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr
TB, and Malaria Pandemic
02/10/04 - S MID ATLANTIC MEDICAL SERVICES, INC. 59523C107 01/15/04 1,100
1 Approve Merger Agreement For For Mgmt
2 Adjourn Meeting For Against Mgmt
07/25/03 - A ** MYLAN LABORATORIES INC. *MYL* 628530107 05/23/03 2,500
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
02/24/04 - A NOVARTIS AG 66987V109 01/30/04 5,537
MEETING FOR HOLDERS OF ADRS
1 APPROVAL OF THE ANNUAL REPORT, THE For For Mgmt
FINANCIAL STATEMENTS OF NOVARTIS AG AND THE GROUP
CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR 2003.
2 APPROVAL OF THE ACTIVITIES OF THE BOARD OF For For Mgmt
DIRECTORS.
3 APPROPRIATION OF AVAILABLE EARNINGS OF For For Mgmt
NOVARTIS AG AS PER BALANCE SHEET AND
DECLARATION OF DIVIDEND.
4 CONVERSION OF GENERAL RESERVES INTO FREE For For Mgmt
RESERVES.
5 REDUCTION OF SHARE CAPITAL. For For Mgmt
6 FURTHER SHARE REPURCHASE PROGRAM. For For Mgmt
7 AMENDMENT TO THE ARTICLES OF INCORPORATION. For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 8
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
8 ELECTION TO THE BOARD OF DIRECTORS. For For Mgmt
RE-ELECTION OF PROF. DR. HELMUT SIHLER FOR
A THREE-YEAR TERM.
9 ELECTION TO THE BOARD OF DIRECTORS. For For Mgmt
RE-ELECTION OF MR. HANS-JORG RUDLOFF FOR A
THREE-YEAR TERM.
10 ELECTION TO THE BOARD OF DIRECTORS. For For Mgmt
RE-ELECTION OF DR. DANIEL VASELLA FOR A
THREE-YEAR TERM.
11 Ratify Auditors For For Mgmt
05/26/04 - A PAR PHARMACEUTICAL COS INC *PRX* 717125108 04/08/04 1,100
1 Elect Directors For For Mgmt
2 Change Company Name For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Amend Non-Employee Director Stock Option For For Mgmt
Plan
5 Approve Executive Incentive Bonus Plan For For Mgmt
04/22/04 - A PFIZER INC. *PFE* 717081103 02/27/04 8,000
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr
TB, and Malaria Pandemic
5 Cease Political Contributions/Activities Against Against ShrHoldr
6 Report on Political Contributions/Activities Against Against ShrHoldr
7 Establish Term Limits for Directors Against Against ShrHoldr
8 Report on Drug Pricing Against Against ShrHoldr
9 Limit Awards to Executives Against Against ShrHoldr
10 Amend Animal Testing Policy Against Against ShrHoldr
04/27/04 - A SCHERING-PLOUGH CORP. *SGP* 806605101 03/05/04 3,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 9
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
06/16/04 - A SHIRE PHARMACEUTICALS GROUP PLC 82481R106 05/06/04 7,500
MEETING FOR HOLDERS OF ADRS
1 TO RECEIVE AND CONSIDER THE DIRECTORS For For Mgmt
REPORT AND ACCOUNTS FOR THE YEAR ENDED
DECEMBER 31, 2003.
2 TO RE-ELECT DR JAMES HENRY CAVANAUGH AS A For For Mgmt
DIRECTOR.
3 TO RE-ELECT DR BARRY JOHN PRICE AS A For For Mgmt
DIRECTOR.
4 TO ELECT MR ROBIN WILLIAM TURNBULL BUCHANAN For For Mgmt
AS A DIRECTOR.
5 TO ELECT MR DAVID JOHN KAPPLER AS A For For Mgmt
DIRECTOR.
6 Ratify Auditors For For Mgmt
7 TO APPROVE THE DIRECTORS REMUNERATION For For Mgmt
REPORT.
8 TO AUTHORIZE THE ALLOTMENT OF SHARES. For For Mgmt
9 TO AUTHORIZE THE DISAPPLICATION OF For For Mgmt
PRE-EMPTION RIGHTS.
10 TO AUTHORIZE MARKET PURCHASES. For For Mgmt
11 TO AUTHORIZE DONATIONS TO EU POLITICAL For For Mgmt
ORGANIZATIONS AND EU POLITICAL EXPENDITURE.
05/12/04 - A ST. JUDE MEDICAL, INC. *STJ* 790849103 03/15/04 2,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Increase Authorized Common Stock For For Mgmt
5 Limit Executive Compensation Against Against ShrHoldr
10/27/03 - S ** TEVA PHARMACEUTICAL INDUSTRIES 881624209 09/18/03 4,120
1 Elect G. Shalev as an External Director For For Mgmt
2 Approve Increase in Remuneration of For For Mgmt
Directors other than the Chairman
05/20/04 - A TEVA PHARMACEUTICAL INDUSTRIES 881624209 04/15/04 2,820
MEETING FOR HOLDERS OF ADRS
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 10
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1 TO RECEIVE AND DISCUSS THE COMPANY S For For Mgmt
CONSOLIDATED BALANCE SHEET AS OF DECEMBER
31, 2003 AND THE CONSOLIDATED STATEMENTS.
2 TO APPROVE THE BOARD OF DIRECTORS For Against Mgmt
RECOMMENDATION THAT THE CASH DIVIDEND FOR THE YEAR
ENDED DECEMBER 31, 2003, WHICH WAS PAID IN FOUR
INSTALLMENTS AND AGGREGATED NIS 1.44 (APPROXIMATELY
US$0.322) PER ORDINARY SHARE, BE DECLARED FINAL.
3 TO ELECT ABRAHAM E. COHEN TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
4 TO ELECT LESLIE DAN TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
5 TO ELECT PROF. MEIR HETH TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
6 TO ELECT PROF. MOSHE MANY TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
7 TO ELECT DOV SHAFIR TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
8 TO APPROVE THE PURCHASE OF DIRECTOR S AND For Against Mgmt
OFFICER S LIABILITY INSURANCE FOR THE
DIRECTORS AND OFFICERS OF THE COMPANY.
9 Ratify Auditors For For Mgmt
05/18/04 - A THERMO ELECTRON CORP. *TMO* 883556102 03/26/04 2,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Limit Awards to Executives Against Against ShrHoldr
05/25/04 - A TRIAD HOSPITALS, INC. *TRI* 89579K109 04/09/04 1,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
03/25/04 - A TYCO INTERNATIONAL LTD. *TYC* 902124106 03/25/04 2,800
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 ADOPTION OF THE AMENDED AND For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 11
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
RESTATED BYE-LAWS.
4 APPROVAL OF TYCO 2004 STOCK AND INCENTIVE For For Mgmt
PLAN.
5 SHAREHOLDER PROPOSAL REGARDING For For ShrHoldr
ENVIRONMENTAL REPORTING.
6 SHAREHOLDER PROPOSAL TO CHANGE TYCO S Against Against ShrHoldr
JURISDICTION OF INCORPORATION FROM BERMUDA
TO A U.S. STATE.
7 SHAREHOLDER PROPOSAL ON COMMON SENSE Against Against ShrHoldr
EXECUTIVE COMPENSATION.
05/12/04 - A UNITEDHEALTH GROUP INCORPORATED *UNH* 91324P102 03/15/04 4,702
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against For ShrHoldr
4 Limit Awards to Executives Against Against ShrHoldr
05/25/04 - A VALEANT PHARMACEUTICALS INTL. *VRX* 91911X104 04/14/04 3,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
02/19/04 - A VARIAN MEDICAL SYSTEMS INC *VAR* 92220P105 12/22/03 620
1 Elect Directors For For Mgmt
2 Amend Executive Incentive Bonus Plan For For Mgmt
06/28/04 - S WELLPOINT HEALTH NETWORKS INC. *WLP* 94973H108 05/10/04 1,100
1 Approve Merger Agreement For For Mgmt
04/22/04 - A WYETH *WYE* 983024100 03/12/04 4,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Report on Drug Pricing Against Against ShrHoldr
4 Amend Animal Testing Policy Against Against ShrHoldr
07/22/03 - S ** ZIMMER HOLDINGS INC *ZMH* 98956P102 06/16/03 4,360
1 Issue Shares in Connection with an For For Mgmt
Acquisition
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 12
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO HEALTH SCIENCES FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/10/04 - A ZIMMER HOLDINGS INC *ZMH* 98956P102 03/15/04 5,160
1 Elect Directors For Withhold Mgmt
2 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
3 Ratify Auditors Against For ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 13
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/28/04 - A ADOBE SYSTEMS INC. *ADBE* 00724F101 03/03/04 400
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Expense Stock Options Against For ShrHoldr
4 Adopt a Plocy that will Committ Executives Against For ShrHoldr
to Hold a Significant Percentage of their
Shares
5 Ratify Auditors For For Mgmt
04/15/04 - A ADTRAN, INC. *ADTN* 00738A106 03/01/04 1,010
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/20/04 - A ADVANCED FIBRE COMMUNICATIONS, INC. 00754A105 03/23/04 1,300
*AFCI*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
02/19/04 - A AGERE SYSTEMS INC *AGR.A* 00845V100 12/22/03 4,100
1 Elect Directors For For Mgmt
06/04/04 - A ALCATEL (FORMERLY ALCATEL ALSTHOM) 013904305 04/28/04 2,800
MEETING FOR HOLDERS OF ADRS
1 APPROVAL OF THE PARENT COMPANY FINANCIAL For For Mgmt
STATEMENTS FOR THE FISCAL YEAR ENDED
DECEMBER 31, 2003.
2 APPROVAL OF THE CONSOLIDATED FINANCIAL For For Mgmt
STATEMENTS FOR THE FISCAL YEAR ENDED
DECEMBER 31, 2003.
3 RESULT FOR THE FISCAL YEAR-APPROPRIATION. For For Mgmt
4 APPROVAL OF REGULATED AGREEMENTS. For For Mgmt
5 RENEWAL OF THE TERM OF MR. JOZEF CORNU AS For For Mgmt
DIRECTOR.
6 AUTHORIZATION TO BE GIVEN TO THE BOARD OF For Against Mgmt
DIRECTORS TO ISSUE DEBT SECURITIES, AND
PARTICULARLY BONDS.
7 AUTHORIZATION TO BE GIVEN TO THE BOARD OF For For Mgmt
DIRECTORS TO ALLOW THE COMPANY TO PURCHASE
AND SELL ITS OWN
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 1
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
SHARES.
8 AUTHORIZATION TO BE GIVEN TO THE BOARD OF For For Mgmt
DIRECTORS TO REDUCE THE CAPITAL OF THE
COMPANY.
9 DELEGATION OF POWER TO THE BOARD OF For For Mgmt
DIRECTORS TO INCREASE THE CAPITAL OF THE
COMPANY.
10 DELEGATION OF POWER TO THE BOARD OF For For Mgmt
DIRECTORS TO INCREASE THE CAPITAL OF THE COMPANY,
WITH CANCELLATION OF PREFERENTIAL SUBSCRIPTION
RIGHTS.
11 LIMITATION OF THE OVERALL AMOUNT OF ISSUES For For Mgmt
TO BE MADE PURSUANT TO THE 9TH AND 10TH
RESOLUTIONS.
12 DELEGATION OF POWER TO THE BOARD OF For For Mgmt
DIRECTORS TO INCREASE THE CAPITAL OF THE
COMPANY.
13 POWERS TO IMPLEMENT THE DECISIONS OF THE For For Mgmt
SHAREHOLDERS MEETING AND TO CARRY OUT THE
CORRESPONDING FORMALITIES.
14 TO TRANSACT SUCH OTHER ORDINARY BUSINESS OF For Against Mgmt
AN ANNUAL GENERAL MEETING AS MAY PROPERLY
BE RAISED.
05/11/04 - A ALTERA CORP. *ALTR* 021441100 03/16/04 2,700
1 Elect Directors For For Mgmt
2 Amend Stock Option Plan For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Ratify Auditors For For Mgmt
5 Approve Option Expensing Against For ShrHoldr
05/26/04 - A AMPHENOL CORP. *APH* 032095101 03/29/04 800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Increase Authorized Common Stock For For Mgmt
4 Approve Non-Employee Director Stock Option For For Mgmt
Plan
5 Approve Executive Incentive Bonus Plan For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 2
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
03/09/04 - A ANALOG DEVICES, INC. *ADI* 032654105 01/16/04 1,100
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Ratify Auditors For For Mgmt
04/22/04 - A APPLE COMPUTER, INC. *AAPL* 037833100 02/24/04 2,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Limit Executive Compensation Against Against ShrHoldr
03/24/04 - A APPLIED MATERIALS, INC. *AMAT* 038222105 01/30/04 4,000
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
08/27/03 - A ** APPLIED MICRO CIRCUITS CORP. *AMCC* 03822W109 07/01/03 3,800
1 Elect Directors For Split Mgmt
1.1 Elect Director David M. Rickey --- For
1.2 Elect Director Roger A. Smullen, Sr. --- For
1.3 Elect Director Cesar Cesaratto --- For
1.4 Elect Director Franklin P. Johnson, Jr. ---
For
1.5 Elect Director Kevin N. Kalkhoven ---
Withhold
1.6 Elect Director L. Wayne Price --- For
1.7 Elect Director Douglas C. Spreng --- For
1.8 Elect Director Arthur B. Stabenow --- For
1.9 Elect Director Harvey P. White --- For
2 Ratify Auditors For For Mgmt
05/26/04 - A ARRIS GROUP INC *ARRS* 04269Q100 04/12/04 3,200
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
05/27/04 - A ARROW ELECTRONICS, INC. *ARW* 042735100 03/29/04 600
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
4 Other Business For Against Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 3
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/29/04 - A AU OPTRONICS CORP 002255107 03/01/04 2,100
MEETING FOR HOLDERS OF ADRS
1 ACCEPTANCE OF THE 2003 BUSINESS REPORT AND For For Mgmt
FINANCIAL STATEMENTS, AS SET FORTH IN THE
COMPANY S NOTICE OF MEETING.
2 APPROVAL OF THE REVISIONS TO THE ARTICLES For For Mgmt
OF INCORPORATION, AS SET FORTH IN THE
COMPANY S NOTICE OF MEETING.
3 Elect Directors For For Mgmt
4 APPROVAL OF THE PROPOSAL FOR DISTRIBUTION For For Mgmt
OF 2003 PROFITS, AS SET FORTH IN THE
COMPANY S NOTICE OF MEETING.
5 APPROVAL OF THE CAPITALIZATION OF 2003 For For Mgmt
DIVIDENDS AND EMPLOYEE STOCK BONUS, AS SET FORTH IN
THE COMPANY S NOTICE OF MEETING.
6 APPROVAL TO HAVE A NEW RIGHTS ISSUE TO For For Mgmt
SPONSOR DR OFFERING, AS SET FORTH IN THE
COMPANY S NOTICE OF MEETING.
7 APPROVAL TO RELEASE THE DIRECTORS FROM For For Mgmt
NON-COMPETITION RESTRICTIONS, AS SET FORTH
IN THE COMPANY S NOTICE OF MEETING.
02/26/04 - A AVAYA INC *AV* 053499109 12/31/03 3,000
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Limit Awards to Executives Against Against ShrHoldr
07/11/03 - A ** BEA SYSTEMS, INC. *BEAS* 073325102 05/27/03 6,000
1 Elect Directors For For Mgmt
2 Approve Executive Incentive Bonus Plan For For Mgmt
3 Ratify Auditors For For Mgmt
06/11/04 - A BEA SYSTEMS, INC. *BEAS* 073325102 04/30/04 5,800
1 Elect Directors For Split Mgmt
1.1 Elect Director Dean O. Morton ---
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 4
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Withhold
1.2 Elect Director George Reyes --- For
2 Ratify Auditors For Against Mgmt
06/16/04 - A BIOGEN IDEC INC *BIIB* 09062X103 04/20/04 1,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
08/21/03 - A ** BMC SOFTWARE, INC. *BMC* 055921100 07/03/03 1,500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
10/06/03 - S ** BOSTON SCIENTIFIC CORP. *BSX* 101137107 08/27/03 300
1 Increase Authorized Common Stock For For Mgmt
05/11/04 - A BOSTON SCIENTIFIC CORP. *BSX* 101137107 03/19/04 1,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
04/29/04 - A BROADCOM CORP. *BRCM* 111320107 03/05/04 2,400
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For Against Mgmt
3 Ratify Auditors For For Mgmt
12/11/03 - S ** BUSINESS OBJECTS S.A. 12328X107 None 1,000
SPECIAL MEETING AGENDA
1 Approve Acquisition of Crystal Decsions For For Mgmt
Inc. and Approve Terms of Merger Agreement
2 Approve Issuance of Up to 37 Million Shares For For Mgmt
in Connection with Acquisition, and Amend
Articles Accordingly
3 Approve Issuance of Warrants to Subscribe For For Mgmt
to Up to 15,000 Shares to David J. Roux
4 Authorize Issuance of Up to 250,000 Shares For For Mgmt
Reserved for Business Objects SA Employee
Benefits Trust for Use in 1995
International Employee Stock Purchase Plan
5 Approve Issuance of Up to 50,000 Shares For For Mgmt
Reserved for Employees
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 5
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Participating in Savings-Related Share
Purchase Plan
6 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
EUR 1.3 Million
7 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
EUR 1.3 Million
8 Amend 2001 Executive Stock Option Plan Re: For Against Mgmt
Number of Available Shares
9 Elect David J. Roux as Director For For Mgmt
10 Approve Increase in Director Remuneration For For Mgmt
to Aggregate Amount of EUR 350,000
11 Authorize Filing of Required For For Mgmt
Documents/Other Formalities
05/20/04 - A CDW CORP. *CDWC* 12512N105 04/01/04 700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Non-Employee Director Omnibus Stock For For Mgmt
Plan
04/29/04 - A CHARTERED SEMICONDUCTOR MANUF. 16133R106 03/03/04 2,600
MEETING FOR HOLDERS OF ADRS
1 APPROVAL TO ADOPT THE AUDITED ACCOUNTS OF For For Mgmt
THE COMPANY, INCLUDING THE REPORTS OF THE
DIRECTORS AND AUDITORS
2 APPROVAL TO RE-ELECT MR. ANDRE BORREL AS A For For Mgmt
DIRECTOR
3 APPROVAL TO RE-ELECT MR. TAY SIEW CHOON AS For For Mgmt
A DIRECTOR
4 APPROVAL TO RE-ELECT MR. PETER SEAH LIM For For Mgmt
HUAT AS A DIRECTOR
5 APPROVAL TO RE-ELECT MR. PHILIP TAN YUEN For For Mgmt
FAH AS A DIRECTOR
6 APPROVAL TO RE-APPOINT MR. CHARLES E. For For Mgmt
THOMPSON AS A DIRECTOR
7 APPROVAL TO RE-APPOINT MR. ROBERT E. For For Mgmt
LABLANC AS A DIRECTOR
8 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 6
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
9 APPROVAL OF THE DIRECTORS FEES OF For For Mgmt
US$427,125 FOR THE YEAR ENDED DECEMBER 31,
2003
10 APPROVAL OF THE COMPANY S EMPLOYEE SHARE For For Mgmt
PURCHASE PLAN 2004
11 APPROVAL OF THE COMPANY S EMPLOYEE SHARE For For Mgmt
PURCHASE PLAN 2004 FOR THE EMPLOYEES OF
SILICON MANUFACTURING PARTNERS PTE LTD
12 APPROVAL TO AUTHORIZE THE DIRECTORS TO For For Mgmt
ALLOT AND ISSUE SHARES PURSUANT TO SECTION
161 OF THE COMPANIES ACT
13 APPROVAL TO AUTHORIZE THE DIRECTORS TO For For Mgmt
CREATE AND ISSUE SECURITIES AND TO ALLOT
AND ISSUE SHARES
14 APPROVAL TO AUTHORIZE THE DIRECTORS TO For Against Mgmt
OFFER AND GRANT OPTIONS AND TO ALLOT AND
ISSUE ADDITIONAL SHARES
11/11/03 - A ** CISCO SYSTEMS, INC. *CSCO* 17275R102 09/12/03 13,000
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For For Mgmt
SHAREHOLDER PROPOSALS
4 Report on Company Products Used by the Against Against ShrHoldr
Government to Monitor the Internet
5 Report on Pay Disparity Against Against ShrHoldr
05/26/04 - A COGNIZANT TECHNOLOGY SOLUTIONS CORP. 192446102 04/13/04 800
*CTSH*
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock and For For Mgmt
Eliminate Class of Common Stock
3 Amend Omnibus Stock Plan For Against Mgmt
4 Approve Employee Stock Purchase Plan For For Mgmt
5 Ratify Auditors For For Mgmt
06/23/04 - A/S COGNOS INC. *CSN.* 19244C109 04/26/04 700
1 Elect Directors For For Mgmt
2 Ratify Ernst & Young LLP as Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 7
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 Amend 2003 - 2008 Stock Option Plan For For Mgmt
4 Eliminate Class of Preferred Stock For For Mgmt
08/27/03 - A ** COMPUTER ASSOCIATES INTERNATIONAL, 204912109 07/02/03 1,500
INC. *CA*
1 Elect Directors For For Mgmt
2 Approve Non-Employee Director Omnibus Stock For For Mgmt
Plan
3 Ratify Auditors For For Mgmt
06/15/04 - A COMVERSE TECHNOLOGY, INC. *CMVT* 205862402 04/27/04 4,200
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
04/29/04 - A CORNING INC. *GLW* 219350105 03/01/04 5,500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Submit Severance Agreement Against For ShrHoldr
(Change-in-Control) to Shareholder Vote
05/18/04 - A COX COMMUNICATIONS, INC. *COX* 224044107 03/19/04 1,400
1 Elect Directors For Split Mgmt
1.1 Elect Director G. Dennis Berry --- Withhold
1.2 Elect Director Janet M. Clarke --- For
1.3 Elect Director James C. Kennedy --- Withhold
1.4 Elect Director Robert C. O'Leary ---
Withhold
1.5 Elect Director James O. Robbins --- Withhold
1.6 Elect Director Rodney W. Schrock --- For
1.7 Elect Director Andrew J. Young --- Withhold
2 Approve Employee Stock Purchase Plan For For Mgmt
04/19/04 - A CYPRESS SEMICONDUCTOR CORP. *CY* 232806109 03/01/04 2,200
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For Against Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 8
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 Ratify Auditors For For Mgmt
07/18/03 - A ** DELL INC. *DELL* 247025109 05/23/03 4,400
1 Elect Directors For For Mgmt
2 Declassify the Board of Directors For For Mgmt
3 Change Company Name For For Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
05/11/04 - A DST SYSTEMS, INC. *DST* 233326107 03/12/04 900
1 Elect Directors For Split Mgmt
1.1 Elect Director A. Edward Allinson ---
Withhold
1.2 Elect Director Michael G. Fitt --- For
2 Increase Authorized Common Stock For For Mgmt
06/24/04 - A EBAY INC. *EBAY* 278642103 04/26/04 1,400
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Amend Stock Option Plan For For Mgmt
4 Increase Authorized Common Stock For Against Mgmt
5 Ratify Auditors For For Mgmt
6 Expense Stock Options Against For ShrHoldr
07/31/03 - A ** ELECTRONIC ARTS, INC. *ERTS* 285512109 06/04/03 400
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Ratify Auditors For For Mgmt
05/05/04 - A EMC CORP. *EMC* 268648102 03/08/04 10,500
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Ratify Auditors For For Mgmt
5 Limit Executive Compensation Against Against ShrHoldr
11/20/03 - A ** EMULEX CORP. *ELX* 292475209 10/01/03 2,300
1 Elect Directors For For Mgmt
2 Approve Option Exchange Program For For Mgmt
3 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 9
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
12/03/03 - A ** EXTREME NETWORKS, INC. *EXTR* 30226D106 10/20/03 1,700
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For For Mgmt
02/02/04 - A FAIR ISAAC INC. *FIC* 303250104 12/05/03 600
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Ratify Auditors For For Mgmt
05/04/04 - A FAIRCHILD SEMICONDUCTOR INTERNATIONAL, 303726103 03/10/04 900
INC. *FCS*
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
05/07/04 - A FILENET CORP. *FILE* 316869106 03/16/04 1,400
1 Elect Directors For Split Mgmt
1.1 Elect Director L. George Klaus --- For
1.2 Elect Director William P. Lyons --- For
1.3 Elect Director Lee D. Roberts --- For
1.4 Elect Director John C. Savage --- For
1.5 Elect Director Roger S. Siboni --- For
1.6 Elect Director Theodore J. Smith ---
Withhold
2 Amend Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
10/28/03 - S ** FIRST DATA CORP. *FDC* 319963104 09/08/03 1,500
1 Approve Merger Agreement For For Mgmt
06/01/04 - A FOUNDRY NETWORKS, INC. *FDRY* 35063R100 04/09/04 1,400
1 Elect Directors For Split Mgmt
1.1 Elect Director Bobby R. Johnson, Jr. --- For
1.2 Elect Director Andrew K. Ludwick --- For
1.3 Elect Director Alfred J. Amoroso --- For
1.4 Elect Director C. Nicholas Keating, Jr. ---
For
1.5 Elect Director J. Steven Young --- Withhold
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 10
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
03/17/04 - A HEWLETT-PACKARD CO. *HPQ* 428236103 01/20/04 1,300
1 Elect Directors For Split Mgmt
1.1 Elect Director L.T. Babbio, Jr. --- For
1.2 Elect Director P.C. Dunn --- For
1.3 Elect Director C.S. Fiorina --- For
1.4 Elect Director R.A. Hackborn --- For
1.5 Elect Director G.A. Keyworth II --- For
1.6 Elect Director R.E. Knowling, Jr. --- For
1.7 Elect Director S.M. Litvack --- Withhold
1.8 Elect Director R.L. Ryan --- For
1.9 Elect Director L.S. Salhany --- For
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Expense Stock Options Against For ShrHoldr
10/29/03 - A ** INTEGRATED CIRCUIT SYSTEMS, INC. 45811K208 09/19/03 1,200
*ICST*
1 Elect Directors For For Mgmt
05/19/04 - A INTEL CORP. *INTC* 458140100 03/22/04 2,000
1 Elect Directors For Split Mgmt
1.1 Elect Director Craig R. Barrett --- For
1.2 Elect Director Charlene Barshefsky --- For
1.3 Elect Director E. John P. Browne --- For
1.4 Elect Director Andrew S. Grove --- For
1.5 Elect Director D. James Guzy --- Withhold
1.6 Elect Director Reed E. Hundt --- For
1.7 Elect Director Paul S. Otellini --- For
1.8 Elect Director David S. Pottruck --- For
1.9 Elect Director Jane E. Shaw --- For
1.10 Elect Director John L. Thornton --- For
1.11 Elect Director David B. Yoffie --- For
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Expense Stock Options Against For ShrHoldr
5 Limit/Prohibit Awards to Executives Against For ShrHoldr
6 Performance- Based/Indexed Options Against For ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 11
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/27/04 - A INTERNATIONAL BUSINESS MACHINES CORP. 459200101 02/27/04 800
*IBM*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Ratify Auditors for the Company's Business For For Mgmt
Consulting Services Unit
4 Approve Executive Incentive Bonus Plan For For Mgmt
5 Provide for Cumulative Voting Against For ShrHoldr
6 Amend Pension and Retirement Medical Against Against ShrHoldr
Insurance Plans
7 Submit Executive Compensation to Vote Against For ShrHoldr
8 Expense Stock Options Against For ShrHoldr
9 Limit Awards to Executives Against Against ShrHoldr
10 China Principles Against Against ShrHoldr
11 Report on Political Contributions/Activities Against Against ShrHoldr
12 Report on Executive Compensation Against Against ShrHoldr
11/24/03 - A ** INTERNATIONAL RECTIFIER CORP. *IRF* 460254105 09/26/03 100
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
4 Ratify Auditors For For Mgmt
01/26/04 - S INTERNATIONAL RECTIFIER CORP. *IRF* 460254105 12/19/03 200
1 Increase Authorized Common Stock For For Mgmt
10/30/03 - A ** INTUIT, INC. *INTU* 461202103 09/02/03 1,300
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For For Mgmt
01/13/04 - A ** JABIL CIRCUIT, INC. *JBL* 466313103 11/14/03 2,000
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
04/16/04 - S JUNIPER NETWORKS, INC. *JNPR* 48203R104 03/10/04 2,700
1 Issue Shares in Connection with an For For Mgmt
Acquisition
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 12
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/19/04 - A JUNIPER NETWORKS, INC. *JNPR* 48203R104 03/22/04 2,700
1 Elect Directors For Split Mgmt
1.1 Elect Director Pradeep Sindhu --- For
1.2 Elect Director Robert M. Calderoni --- For
1.3 Elect Director Kenneth Levy --- Withhold
2 Ratify Auditors For For Mgmt
11/05/03 - A ** KLA-TENCOR CORP. *KLAC* 482480100 09/15/03 1,200
1.a Elect Director H. Raymond Bingham For For Mgmt
1.b Elect Director Robert T. Bond For For Mgmt
1.c Elect Director Richard J. Elkus, Jr. For For Mgmt
1.d Elect Director Michael E. Marks For For Mgmt
2 Ratify Auditors For For Mgmt
11/06/03 - A ** LAM RESEARCH CORP. *LRCX* 512807108 09/12/03 2,600
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Ratify Auditors For For Mgmt
04/22/04 - A LEXMARK INTERNATIONAL, INC. *LXK* 529771107 03/05/04 900
1 Elect Directors For For Mgmt
2 Approve Executive Incentive Bonus Plan For For Mgmt
3 Ratify Auditors For For Mgmt
11/05/03 - A ** LINEAR TECHNOLOGY CORP. *LLTC* 535678106 09/08/03 2,300
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
02/18/04 - A LUCENT TECHNOLOGIES INC. *LU* 549463107 12/22/03 4,700
1 Elect Directors For For Mgmt
2 Declassify the Board of Directors and Amend For For Mgmt
Director Removal Provision
3 Approve Non-Employee Director Omnibus Stock For For Mgmt
Plan
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 13
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
4 Approve Reverse Stock Split For For Mgmt
SHAREHOLDER PROPOSALS
5 Submit Severance Agreement Against For ShrHoldr
(Change-in-Control) to Shareholder Vote
6 Prohibit Awards to Executives Against Against ShrHoldr
11/13/03 - A ** MAXIM INTEGRATED PRODUCTS, INC. 57772K101 09/15/03 2,200
*MXIM*
1 Elect Directors For For Mgmt
2 Amend Stock Option Plan For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Ratify Auditors For For Mgmt
08/27/03 - A ** MCDATA CORPORATION *MCDT* 580031201 07/01/03 2,500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
04/27/04 - A MEMC ELECTRONIC MATERIALS, INC. *WFR* 552715104 03/01/04 1,200
1 Elect Directors For Split Mgmt
1.1 Elect Director John Marren --- Withhold
1.2 Elect Director William E. Stevens --- For
1.3 Elect Director William D. Watkins --- For
1.4 Elect Director James B. Williams ---
Withhold
2 Amend Omnibus Stock Plan For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
4 Amend Omnibus Stock Plan For For Mgmt
5 Amend Omnibus Stock Plan For For Mgmt
12/10/03 - S ** MERCURY INTERACTIVE CORP. *MERQ* 589405109 10/31/03 1,000
1 Amend Stock Option Plan For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
05/19/04 - A MERCURY INTERACTIVE CORP. *MERQ* 589405109 03/22/04 1,800
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 14
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
08/15/03 - A ** MICROCHIP TECHNOLOGY, INC. *MCHP* 595017104 06/20/03 1,400
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
11/11/03 - A ** MICROSOFT CORP. *MSFT* 594918104 09/12/03 2,100
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Amend Non-Employee Director Stock Option For For Mgmt
Plan
SHAREHOLDER PROPOSAL
4 Refrain from Giving Charitable Contributions Against Abstain ShrHoldr
05/03/04 - A MOTOROLA, INC. *MOT* 620076109 03/05/04 4,900
1 Elect Directors For For Mgmt
2 Limit Executive Compensation Against Against ShrHoldr
3 Limit Awards to Executives Against Against ShrHoldr
09/26/03 - A ** NATIONAL SEMICONDUCTOR CORP. *NSM* 637640103 08/14/03 1,300
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Employee Stock Purchase Plan For For Mgmt
03/05/04 - A NETSCREEN TECHNOLOGIES, INC. 64117V107 01/15/04 600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
04/16/04 - S NETSCREEN TECHNOLOGIES, INC. 64117V107 03/10/04 900
1 Approve Merger Agreement For For Mgmt
2 Adjourn Meeting For Against Mgmt
09/02/03 - A ** NETWORK APPLIANCE, INC. *NTAP* 64120L104 07/07/03 5,000
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For Against Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Ratify Auditors For For Mgmt
5 Other Business For Against Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 15
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/27/04 - A NEXTEL COMMUNICATIONS, INC. *NXTL* 65332V103 04/02/04 3,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
05/18/04 - A NEXTEL PARTNERS, INC. *NXTP* 65333F107 04/02/04 2,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Stock Option Plan For Against Mgmt
4 Increase Authorized Common Stock For For Mgmt
5 Permit Board to Amend Bylaws Without For Against Mgmt
Shareholder Consent
03/25/04 - A NOKIA CORP. 654902204 01/30/04 1,772
MEETING FOR HOLDERS OF ADRS
1 APPROVAL OF THE INCOME STATEMENTS AND THE For For Mgmt
BALANCE SHEETS.
2 APPROVAL OF A DIVIDEND OF EUR 0.30 PER For For Mgmt
SHARE.
3 APPROVAL OF THE DISCHARGE OF THE CHAIRMAN, For For Mgmt
THE MEMBERS OF THE BOARD OF DIRECTORS AND
THE PRESIDENT FROM LIABILITY.
4 Elect Directors For For Mgmt
5 Ratify Auditors For For Mgmt
6 APPROVAL OF THE PROPOSAL OF THE BOARD TO For For Mgmt
REDUCE THE SHARE CAPITAL THROUGH
CANCELLATION OF NOKIA SHARES HELD BY THE
COMPANY
7 APPROVAL OF THE AUTHORIZATION TO THE BOARD For For Mgmt
TO INCREASE THE SHARE CAPITAL OF THE
COMPANY.
8 APPROVAL OF THE AUTHORIZATION TO THE BOARD For For Mgmt
TO REPURCHASE NOKIA SHARES.
9 APPROVAL OF THE AUTHORIZATION TO THE BOARD For For Mgmt
TO DISPOSE NOKIA SHARES HELD BY THE COMPANY.
10 APPROVAL OF THE PROPOSAL OF THE BOARD TO For For Mgmt
INCREASE THE CAPITAL OF THE FOUNDATION OF
NOKIA CORPORATION.
11 MARK THE FOR BOX IF YOU WISH TO INSTRUCT None Against Mgmt
THE DEPOSITARY TO GIVE A PROXY TO ANY ONE
OF
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 16
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
MARIANNA UOTINEN-TARKOMA, ESA
KAUNISTOLA, BOTH LEGAL COUNSELS OF NOKIA
CORPORATION, TO AUTHORIZE ANY OF THEM (WITH
FULL POWER OF SUBSTITUTION) TO VOTE, IN
THEIR DISCR
04/15/04 - A NOVELL, INC. *NOVL* 670006105 02/20/04 3,600
1 Elect Directors For For Mgmt
2 Expense Stock Options Against For ShrHoldr
3 Performance-Based/Indexed Options Against For ShrHoldr
4 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr
Services
04/16/04 - A NOVELLUS SYSTEMS, INC. *NVLS* 670008101 02/17/04 500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Provision of Non-Audit Services by Against Against ShrHoldr
Independent Auditors
4 Limit Executive Compensation Against Against ShrHoldr
10/13/03 - A ** ORACLE CORP. *ORCL* 68389X105 08/21/03 8,500
1 Elect Directors For For Mgmt
2 Approve Executive Incentive Bonus Plan For For Mgmt
3 Ratify Auditors For For Mgmt
4 Amend Non-Employee Director Omnibus Stock For For Mgmt
Plan
SHAREHOLDER PROPOSAL
5 Implement China Principles Against Against ShrHoldr
10/02/03 - A ** PAYCHEX, INC. *PAYX* 704326107 08/04/03 1,600
1 Elect Directors For For Mgmt
03/25/04 - A PEOPLESOFT, INC. *PSFT* 712713106 02/10/04 2,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against For ShrHoldr
05/14/04 - A PMC-SIERRA, INC. *PMCS* 69344F106 03/15/04 1,700
1 Elect Directors For Split Mgmt
1.1 Elect Director Robert Bailey --- For
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 17
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.2 Elect Director Alexandre Balkanski --- For
1.3 Elect Director Richard Belluzzo --- For
1.4 Elect Director James Diller --- Withhold
1.5 Elect Director Jonathan Judge --- For
1.6 Elect Director William Kurtz --- For
1.7 Elect Director Frank Marshall --- For
1.8 Elect Director Lewis Wilks --- For
2 Ratify Auditors For For Mgmt
08/26/03 - A ** QLOGIC CORP. *QLGC* 747277101 07/01/03 1,500
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
03/02/04 - A QUALCOMM INC. *QCOM* 747525103 01/02/04 2,000
1 Elect Directors For Split Mgmt
1.1 Elect Director Adelia A. Coffman ---
Withhold
1.2 Elect Director Raymond V. Dittamore --- For
1.3 Elect Director Irwin Mark Jacobs --- For
1.4 Elect Director Richard Sulpizio --- For
2 Amend Stock Option Plan For For Mgmt
3 Ratify Auditors For For Mgmt
4 Declassify the Board of Directors Against For ShrHoldr
02/27/04 - A SAMSUNG ELECTRONICS CO. LTD. 796050888 12/31/03 200
MEETING FOR HOLDERS OF ADRS
1 APPROVAL OF THE BALANCE SHEET, PROFIT AND For For Mgmt
LOSS STATEMENT AND STATEMENT OF APPROPRIATION OF
RETAINED EARNINGS (DRAFT) FOR THE 35TH FISCAL YEAR
(FROM JANUARY 1, 2003 TO DECEMBER 31, 2003), AS SET
FORTH IN THE COMPANY S NOTICE OF MEETING.
2 APPROVAL OF THE APPOINTMENT OF GORAN S. For For Mgmt
MALM AND KAP-HYUN LEE AS OUTSIDE DIRECTORS.
3 APPROVAL OF THE APPOINTMENT OF KAP-HYUN LEE For For Mgmt
AS MEMBER OF THE AUDIT COMMITTEE.
4 APPROVAL OF THE APPOINTMENT For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 18
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
OF HAK-SOO LEE AS OTHER DIRECTOR.
5 APPROVAL OF THE CEILING AMOUNT OF THE For For Mgmt
REMUNERATION FOR DIRECTORS, AS SET FORTH IN
THE COMPANY S NOTICE OF MEETING.
01/26/04 - A SANMINA-SCI CORP. *SANM* 800907107 12/01/03 4,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/06/04 - A SAP AG 803054105 03/30/04 400
MEETING FOR HOLDERS OF ADRS
1 RESOLUTION ON THE APPROPRIATION OF THE For For Mgmt
RETAINED EARNINGS OF THE FISCAL YEAR 2003
2 RESOLUTION ON THE FORMAL APPROVAL OF THE For For Mgmt
ACTS OF THE EXECUTIVE BOARD IN THE FISCAL
YEAR 2003
3 RESOLUTION ON THE FORMAL APPROVAL OF THE For For Mgmt
ACTS OF THE SUPERVISORY BOARD IN THE FISCAL
YEAR 2003
4 Ratify Auditors For For Mgmt
5 RESOLUTION ON ADJUSTMENTS TO SECTION 4 OF For For Mgmt
THE ARTICLES OF ASSOCIATION
6 RESOLUTION ON THE AUTHORIZATION TO ACQUIRE For For Mgmt
AND USE TREASURY SHARES
7 RESOLUTION ON THE AUTHORIZATION TO USE For Against Mgmt
EQUITY DERIVATIVES IN CONNECTION WITH THE
ACQUISITION OF TREASURY SHARES
05/06/04 - A SAP AG 803054204 03/30/04 2,300
MEETING FOR HOLDERS OF ADRS
1 RESOLUTION ON THE APPROPRIATION OF THE For For Mgmt
RETAINED EARNINGS OF THE FISCAL YEAR 2003
2 RESOLUTION ON THE FORMAL APPROVAL OF THE For For Mgmt
ACTS OF THE
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 19
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
EXECUTIVE BOARD IN THE FISCAL YEAR 2003
3 RESOLUTION ON THE FORMAL APPROVAL OF THE For For Mgmt
ACTS OF THE SUPERVISORY BOARD IN THE FISCAL
YEAR 2003
4 Ratify Auditors For For Mgmt
5 RESOLUTION ON ADJUSTMENTS TO SECTION 4 OF For For Mgmt
THE ARTICLES OF ASSOCIATION
6 RESOLUTION ON THE AUTHORIZATION TO ACQUIRE For For Mgmt
AND USE TREASURY SHARES
7 RESOLUTION ON THE AUTHORIZATION TO USE For Against Mgmt
EQUITY DERIVATIVES IN CONNECTION WITH THE
ACQUISITION OF TREASURY SHARES
05/25/04 - A SAPIENT CORPORATION *SAPE* 803062108 04/01/04 400
1 Elect Directors For For Mgmt
2 Declassify the Board of Directors For For Mgmt
3 Ratify Auditors For For Mgmt
11/07/03 - A ** SCIENTIFIC-ATLANTA, INC. *SFA* 808655104 09/15/03 400
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
06/23/04 - A SIEBEL SYSTEMS, INC. *SEBL* 826170102 04/29/04 1,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Abstain For ShrHoldr
04/29/04 - A SILICON LABORATORIES, INC. *SLAB* 826919102 03/01/04 800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/25/04 - A SIRIUS SATELLITE RADIO, INC. *SIRI* 82966U103 03/29/04 5,600
1 Elect Directors For Split Mgmt
1.1 Elect Director Leon D. Black --- For
1.2 Elect Director Joseph P. Clayton ---
Withhold
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 20
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.3 Elect Director Lawrence F. Gilberti --- For
1.4 Elect Director James P. Holden --- For
1.5 Elect Director Warren N. Lieberfarb --- For
1.6 Elect Director Michael J. McGuiness --- For
1.7 Elect Director James F. Mooney --- For
2 Amend Omnibus Stock Plan For Against Mgmt
3 Approve Employee Stock Purchase Plan For For Mgmt
01/07/04 - A ** SOLECTRON CORP. *SLR* 834182107 11/18/03 3,100
1 Elect Directors For For Mgmt
2 Approve Option Exchange Program For Against Mgmt
3 Ratify Auditors For For Mgmt
08/21/03 - A ** SYMANTEC CORP. *SYMC* 871503108 07/08/03 1,040
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Amend Stock Option Plan For For Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
5 Ratify Auditors For For Mgmt
04/26/04 - A SYMBOL TECHNOLOGIES, INC. *SBL* 871508107 03/01/04 600
1 Elect Directors For For Mgmt
2 Amend Executive Incentive Bonus Plan For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Ratify Auditors For For Mgmt
05/11/04 - A TAIWAN SEMICONDUCTOR MANUFACTURING CO. 874039100 03/15/04 4,411
MEETING FOR HOLDERS OF ADRS
1 TO ACCEPT 2003 BUSINESS REPORT AND For For Mgmt
FINANCIAL STATEMENTS.
2 TO APPROVE THE PROPOSAL FOR DISTRIBUTION OF For For Mgmt
2003 PROFITS.
3 TO APPROVE THE CAPITALIZATION OF 2003 For For Mgmt
DIVIDENDS AND EMPLOYEE PROFIT SHARING.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 21
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/27/04 - A TERADYNE, INC. *TER* 880770102 04/05/04 1,300
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For For Mgmt
10/27/03 - S ** TEVA PHARMACEUTICAL INDUSTRIES 881624209 09/18/03 400
1 Elect G. Shalev as an External Director For For Mgmt
2 Approve Increase in Remuneration of For For Mgmt
Directors other than the Chairman
05/20/04 - A TEVA PHARMACEUTICAL INDUSTRIES 881624209 04/15/04 1,200
MEETING FOR HOLDERS OF ADRS
1 TO RECEIVE AND DISCUSS THE COMPANY S For For Mgmt
CONSOLIDATED BALANCE SHEET AS OF DECEMBER
31, 2003 AND THE CONSOLIDATED STATEMENTS.
2 TO APPROVE THE BOARD OF DIRECTORS For Against Mgmt
RECOMMENDATION THAT THE CASH DIVIDEND FOR THE YEAR
ENDED DECEMBER 31, 2003, WHICH WAS PAID IN FOUR
INSTALLMENTS AND AGGREGATED NIS 1.44 (APPROXIMATELY
US$0.322) PER ORDINARY SHARE, BE DECLARED FINAL.
3 TO ELECT ABRAHAM E. COHEN TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
4 TO ELECT LESLIE DAN TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
5 TO ELECT PROF. MEIR HETH TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
6 TO ELECT PROF. MOSHE MANY TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
7 TO ELECT DOV SHAFIR TO SERVE FOR A For For Mgmt
THREE-YEAR TERM.
8 TO APPROVE THE PURCHASE OF DIRECTOR S AND For Against Mgmt
OFFICER S LIABILITY INSURANCE FOR THE
DIRECTORS AND OFFICERS OF THE COMPANY.
9 Ratify Auditors For For Mgmt
04/15/04 - A TEXAS INSTRUMENTS INC. *TXN* 882508104 02/17/04 3,900
1 Elect Directors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 22
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against For ShrHoldr
05/21/04 - A TIME WARNER INC *TWX* 887317105 03/23/04 4,500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Adopt China Principles Against Against ShrHoldr
4 Report on Pay Disparity Against Against ShrHoldr
05/06/04 - A UNITED ONLINE, INC. *UNTD* 911268100 03/29/04 1,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Other Business For Against Mgmt
09/24/03 - S ** UTSTARCOM, INC. *UTSI* 918076100 08/15/03 1,600
1 Increase Authorized Common Stock For For Mgmt
05/27/04 - A VERISIGN INC *VRSN* 92343E102 03/29/04 5,000
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/12/04 - A VISHAY INTERTECHNOLOGY, INC. *VSH* 928298108 03/29/04 1,600
1 Elect Directors For Split Mgmt
1.1 Elect Director Dr. Felix Zandman ---
Withhold
1.2 Elect Director Philippe Gazeau --- Withhold
1.3 Elect Director Zvi Grinfas --- For
1.4 Elect Director Dr. Gerald Paul --- Withhold
2 Ratify Auditors For For Mgmt
3 Amend Executive Incentive Bonus Plan For For Mgmt
4 Approve Restricted Stock Plan For For Mgmt
01/26/04 - A VITESSE SEMICONDUCTOR CORP. *VTSS* 928497106 12/01/03 6,000
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For For Mgmt
07/30/03 - A ** VODAFONE GROUP PLC 92857W100 None 1,600
1 Accept Financial Statements and For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 23
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF INVESCO TECHNOLOGY FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Statutory Reports
2 Approve Remuneration Report For For Mgmt
3 Reelect Lord MacLaurin of Knebworth as For For Mgmt
Director
4 Reelect Kenneth Hydon as Director For For Mgmt
5 Reelect Thomas Geitner as Director For For Mgmt
6 Reelect Alec Broers as Director For For Mgmt
7 Reelect Juergen Schrempp as Director For For Mgmt
8 Elect John Buchanan as Director For For Mgmt
9 Approve Final Dividend of 0.8983 Pence Per For For Mgmt
Share
10 Ratify Deloitte and Touche as Auditors For For Mgmt
11 Authorize Board to Fix Remuneration of For For Mgmt
Auditors
12 Authorize EU Political Donations up to GBP For For Mgmt
100,000
13 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
USD 900,000,000
14 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
USD 340,000,000
15 Authorize 6,800,000,000 Shares for Share For For Mgmt
Repurchase Program
08/07/03 - A ** XILINX, INC. *XLNX* 983919101 06/09/03 2,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/21/04 - A YAHOO!, INC. *YHOO* 984332106 03/25/04 2,700
1 Elect Directors For Withhold Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For For Mgmt
4 Expense Stock Options Against For ShrHoldr
06/03/04 - A ZEBRA TECHNOLOGIES CORP. *ZBRA* 989207105 04/08/04 600
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Ratify Auditors For For Mgmt
4 Adopt Charter Language on Board Diversity Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 24
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
12/18/03 - S ALLIED WASTE INDUSTRIES, INC. *AW* 019589308 11/03/03 4,830
1 Approve Conversion of Securities For For Mgmt
05/25/04 - A AMAZON.COM, INC. *AMZN* 023135106 03/29/04 5,010
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Limit Executive Compensation Against Against ShrHoldr
05/19/04 - A AMERICAN INTERNATIONAL GROUP, INC. 026874107 03/26/04 1,015
*AIG*
1 Elect Directors For For Mgmt
2 Approve Executive Incentive Bonus Plan For For Mgmt
3 Approve Non-Employee Director Stock Option For For Mgmt
Plan
4 Ratify Auditors For For Mgmt
5 Report on Political Contributions/Activities Against Against ShrHoldr
6 Divest from Tobacco Equities Against Against ShrHoldr
7 Link Executive Compensation to Predatory Against Against ShrHoldr
Lending
05/17/04 - A ANTHEM INC. *ATH* 03674B104 03/19/04 1,385
1 Elect Directors For For Mgmt
06/28/04 - S ANTHEM INC. *ATH* 03674B104 05/10/04 1,485
1 Issue Shares in Connection with an For For Mgmt
Acquisition
2 Change Company Name For For Mgmt
03/24/04 - A APPLIED MATERIALS, INC. *AMAT* 038222105 01/30/04 6,150
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
05/19/04 - A AT&T WIRELESS SERVICES, INC. *AWE* 00209A106 03/22/04 535
1 Approve Merger Agreement For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 1
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
2 Elect Directors For For Mgmt
3 Ratify Auditors For For Mgmt
4 Limit Executive Compensation Against Against ShrHoldr
5 Prohibit Awards to Executives Against Against ShrHoldr
6 Require Affirmative Vote of a Majority of Against Against ShrHoldr
the Shares to Elect Directors
05/06/04 - A AVON PRODUCTS, INC. *AVP* 054303102 03/15/04 1,505
1 Elect Directors For Split Mgmt
1.1 Elect Director Edward T. Fogarty --- For
1.2 Elect Director Susan J. Kropf --- For
1.3 Elect Director Maria Elena Lagomasino ---
Withhold
2 Ratify Auditors For For Mgmt
3 Increase Authorized Common Stock For For Mgmt
4 Declassify the Board of Directors Against Against ShrHoldr
5 Report on Feasibility of Removing Parabens Against Against ShrHoldr
from Company Products
6 Report on Feasibility of Removing Dibutyl Against Against ShrHoldr
Phthalate from Company Products
05/25/04 - A BANK ONE CORP. 06423A103 04/02/04 3,265
1 Approve Merger Agreement For For Mgmt
2 Elect Directors For For Mgmt
3 Ratify Auditors For For Mgmt
05/01/04 - A ** BERKSHIRE HATHAWAY INC. *BRK.A* 084670207 03/03/04 139
1 Elect Directors For For Mgmt
2 Report on Political Contributions/Activities Against Against ShrHoldr
01/22/04 - A BJ SERVICES COMPANY *BJS* 055482103 12/05/03 1,075
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
SHAREHOLDER PROPOSAL
3 Report on Foreign Operations Risk Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 2
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/20/04 - A C.H. ROBINSON WORLDWIDE, INC. *CHRW* 12541W100 03/22/04 1,505
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/25/04 - A CABLEVISION SYSTEMS CORP. *CVC* 12686C109 04/05/04 11,243
1 Elect Directors For Withhold Mgmt
2 Ratify Auditors For For Mgmt
04/22/04 - A CANADIAN NATIONAL RAILWAY CO. *CNR.* 136375102 03/15/04 5,257
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
03/22/04 - S CAREMARK RX, INC. *CMX* 141705103 02/05/04 4,055
1 Increase Authorized Common Stock For For Mgmt
2 Approve Issuance of Stock in Connection For For Mgmt
with Merger Agreement
3 Increase Authorized Preferred Stock For Against Mgmt
4 Approve Omnibus Stock Plan For For Mgmt
5 Allow Postponement or Adjournment of For Against Mgmt
Special Meeting
05/04/04 - A CAREMARK RX, INC. *CMX* 141705103 04/01/04 4,555
1 Elect Directors For For Mgmt
03/10/04 - A CIENA CORPORATION *CIEN* 171779101 01/20/04 5,560
1 Elect Directors For For Mgmt
11/11/03 - A CISCO SYSTEMS, INC. *CSCO* 17275R102 09/12/03 13,625
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For For Mgmt
SHAREHOLDER PROPOSALS
4 Report on Company Products Used by the Against Against ShrHoldr
Government to Monitor the Internet
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 3
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
5 Report on Pay Disparity Against Against ShrHoldr
04/20/04 - A CITIGROUP INC. *C* 172967101 02/27/04 3,690
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Limit Executive Compensation Against Against ShrHoldr
4 Report on Political Contributions/Activities Against Against ShrHoldr
5 Prohibit Awards to Executives Against Against ShrHoldr
6 Separate Chairman and CEO Positions Against For ShrHoldr
04/28/04 - A CLEAR CHANNEL COMMUNICATIONS, INC. 184502102 03/08/04 620
*CCU*
1 Elect Directors For Split Mgmt
1.1 Elect Director Alan D. Feld --- Withhold
1.2 Elect Director Thomas O. Hicks --- For
1.3 Elect Director Perry J. Lewis --- For
1.4 Elect Director L. Lowry Mays --- For
1.5 Elect Director Mark P. Mays --- For
1.6 Elect Director Randall T. Mays --- For
1.7 Elect Director B.J. Mccombs --- For
1.8 Elect Director Phyllis B. Riggins --- For
1.9 Elect Director Theordore H. Strauss --- For
1.10 Elect Director J.C. Watts --- For
1.11 Elect Director John H. Williams --- For
2 Ratify Auditors For For Mgmt
08/27/03 - A COMPUTER ASSOCIATES INTERNATIONAL, 204912109 07/02/03 16,060
INC. *CA*
1 Elect Directors For For Mgmt
2 Approve Non-Employee Director Omnibus Stock For For Mgmt
Plan
3 Ratify Auditors For For Mgmt
04/29/04 - A ** CORNING INC. *GLW* 219350105 03/01/04 3,780
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 4
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 Submit Severance Agreement Against Against ShrHoldr
(Change-in-Control) to Shareholder Vote
05/18/04 - A COX COMMUNICATIONS, INC. *COX* 224044107 03/19/04 3,330
1 Elect Directors For Withhold Mgmt
2 Approve Employee Stock Purchase Plan For For Mgmt
05/27/04 - A E*TRADE GROUP, INC. *ET* 269246104 04/05/04 7,220
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
06/24/04 - A ** EBAY INC. *EBAY* 278642103 04/26/04 475
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Amend Stock Option Plan For For Mgmt
4 Increase Authorized Common Stock For For Mgmt
5 Ratify Auditors For For Mgmt
6 Expense Stock Options Against For ShrHoldr
05/06/04 - A ECHOSTAR COMMUNICATIONS CORP. *DISH* 278762109 03/22/04 3,760
1 Elect Directors For Withhold Mgmt
2 Ratify Auditors For Against Mgmt
3 Other Business For Against Mgmt
07/31/03 - A ELECTRONIC ARTS, INC. *ERTS* 285512109 06/04/03 725
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Ratify Auditors For For Mgmt
05/25/04 - A ** FANNIE MAE *FNM* 313586109 04/06/04 1,795
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Provide for Cumulative Voting Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 5
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
03/23/04 - A ** FIFTH THIRD BANCORP *FITB* 316773100 01/30/04 1,635
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For Against Mgmt
4 Adopt Sexual Orientation Non-Discrimination None Against ShrHoldr
Policy
08/11/03 - A FOREST LABORATORIES, INC. *FRX* 345838106 06/20/03 4,705
1 Elect Directors For Split Mgmt
1.1 Elect Director Howard Solomon --- For
1.2 Elect Director William J. Candee, III ---
For
1.3 Elect Director George S. Cohan --- For
1.4 Elect Director Dan L. Goldwasser --- For
1.5 Elect Director Lester B. Salans, M.D. ---
For
1.6 Elect Director Kenneth E. Goodman --- For
1.7 Elect Director Phillip M. Satow --- Against
2 Increase Authorized Common Stock For Against Mgmt
3 Ratify Auditors For For Mgmt
05/03/04 - S FRANKLIN FINANCIAL CORP. (TN) 353523202 03/30/04 125
1 Approve Merger Agreement For For Mgmt
03/31/04 - A ** FREDDIE MAC *FRE* 313400301 02/20/04 2,205
1 Elect Directors For Split Mgmt
1.1 Elect Director Joan E. Donoghue --- For
1.2 Elect Director Michelle Engler --- Withhold
1.3 Elect Director Richard Karl Goeltz --- For
1.4 Elect Director George D. Gould --- Withhold
1.5 Elect Director Henry Kaufman --- Withhold
1.6 Elect Director John B. Mccoy --- Withhold
1.7 Elect Director Shaun F. O'Malley ---
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 6
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Withhold
1.8 Elect Director Ronald F. Poe --- Withhold
1.9 Elect Director Stephen A. Ross --- Withhold
1.10 Elect Director Donald J. Schuenke ---
Withhold
1.11 Elect Director Christina Seix --- Withhold
1.12 Elect Director Richard F. Syron --- For
1.13 Elect Director William J. Turner ---
Withhold
2 Ratify Auditors For For Mgmt
04/16/04 - A GIVAUDAN AG H3238Q102 None 310
1 Receive Financial Statements and Statutory None None Mgmt
Reports
2 Approve Discharge of Board and Senior For For Mgmt
Management
3 Approve Allocation of Income and an For For Mgmt
Ordinary Dividend of CHF 8.90 per Share;
Approve Payment of an Extraordinary
Dividend of CHF 6.50 per Share
4 Approve CHF 2 Million Reduction in Share For For Mgmt
Capital via Cancellation of Shares
5 Approve Creation of CHF 10 Million Pool of For For Mgmt
Conditional Capital without Preemptive
Rights
6 Reelect Henri Meier as Director; Elect For For Mgmt
Dietrich Fuhrmann as Director
7 Reelect PricewaterhouseCoopers SA as For For Mgmt
Auditors
05/18/04 - A GUIDANT CORP. *GDT* 401698105 03/11/04 3,010
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against Against ShrHoldr
11/12/03 - A HARMAN INTERNATIONAL INDUSTRIES, INC. 413086109 09/15/03 180
*HAR*
1 Elect Directors For For Mgmt
2 Approve Stock Split For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 7
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
03/02/04 - A ** INTERNATIONAL GAME TECHNOLOGY *IGT* 459902102 01/02/04 1,660
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For Against Mgmt
10/30/03 - A INTUIT, INC. *INTU* 461202103 09/02/03 525
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For Against Mgmt
05/06/04 - A KANSAS CITY SOUTHERN *KSU* 485170302 03/08/04 2,315
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
04/28/04 - A KOHL'S CORP. *KSS* 500255104 03/03/04 530
1 Elect Directors For Withhold Mgmt
2 Ratify Auditors For Abstain Mgmt
3 Performance-Based Stock/Indexed Options Against Abstain ShrHoldr
4 Separate Chairman and CEO Positions Against Abstain ShrHoldr
06/25/04 - A KOMATSU LTD. J35759125 03/31/04 10,000
1 Approve Allocation of Income, Including the For For Mgmt
Following Dividends: Interim JY 3, Final JY
4, Special JY 0
2 Amend Articles to: Expand Business Lines - For For Mgmt
Authorize Share Repurchases at Board's
Discretion
3 Elect Directors For For Mgmt
4 Appoint Internal Statutory Auditor For For Mgmt
5 Approve Executive Stock Option Plan For For Mgmt
6 Approve Adjustment to Aggregate For For Mgmt
Compensation Ceiling for Directors and
Statutory Auditors
7 Approve Retirement Bonus for Statutory For For Mgmt
Auditor
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 8
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/27/04 - A LAMAR ADVERTISING COMPANY *LAMR* 512815101 04/05/04 1,615
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
06/09/04 - A LIBERTY MEDIA CORP. *L* 530718105 04/21/04 59,331
1 Elect Directors For For Mgmt
2 Amend Executive Incentive Bonus Plan For For Mgmt
3 Ratify Auditors For Against Mgmt
04/22/04 - A ** LOCKHEED MARTIN CORP. *LMT* 539830109 03/01/04 3,180
1 Elect Directors For Split Mgmt
1.1 Elect Director E.C. 'Pete' Aldridge, Jr.
--- For
1.2 Elect Director Nolan D. Archibald --- For
1.3 Elect Director Norman R. Augustine ---
Withhold
1.4 Elect Director Marcus C. Bennett --- For
1.5 Elect Director Vance D. Coffman --- For
1.6 Elect Director Gwendolyn S. King --- For
1.7 Elect Director Douglas H. McCorkindale ---
For
1.8 Elect Director Eugene F. Murphy --- For
1.9 Elect Director Joseph W. Ralston ---
Withhold
1.10 Elect Director Frank Savage --- For
1.11 Elect Director Anne Stevens --- For
1.12 Elect Director Robert J. Stevens --- For
1.13 Elect Director James R. Ukropina --- For
1.14 Elect Director Douglas C. Yearley --- For
2 Ratify Auditors For Against Mgmt
3 Report on Executive Ties to Government Against Against ShrHoldr
4 Submit Shareholder Rights Plan (Poison Against Against ShrHoldr
Pill) to Shareholder Vote
5 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr
Services
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 9
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
6 Develop Ethical Criteria for Military Against Against ShrHoldr
Contracts
05/13/04 - A/S ** LVMH MOET HENNESSY LOUIS VUITTON F58485115 None 764
ORDINARY BUSINESS
1 Accept Consolidated Financial Statements For Abstain Mgmt
and Statutory Reports
2 Approve Financial Statements and Discharge For Abstain Mgmt
Directors
3 Approve Special Auditors' Report Regarding For Abstain Mgmt
Related-Party Transactions
4 Approve Allocation of Income and Net For Abstain Mgmt
Dividends of EUR 0.85 per Share
5 Ratify Cooptation and Reelect Delphine For Abstain Mgmt
Arnault as Director
6 Reelect Bernard Arnault as Director For Abstain Mgmt
7 Reelect Jean Arnault as Director For Abstain Mgmt
8 Reelect Nicholas Clive-Worms as Director For Abstain Mgmt
9 Reelect Felix G. Rohatyn as Director For Abstain Mgmt
10 Elect Patrick Houel as Director For Abstain Mgmt
11 Elect Hubert Vedrine as Director For Abstain Mgmt
12 Appoint Kilian Hennesy as Censor For Abstain Mgmt
13 Ratify Deloitte Touche Tohmatsu Audit as For Abstain Mgmt
Auditors
14 Ratify Ernst & Young Audit as Auditors For Abstain Mgmt
15 Ratify Denis Grison as Alternate Auditor For Abstain Mgmt
16 Ratify Dominique Thouvenin as Alternate For Abstain Mgmt
Auditor
17 Authorize Repurchase of Up to Ten Percent For Abstain Mgmt
of Issued Share Capital
18 Approve Remuneration of Directors in the For Abstain Mgmt
Aggregate Amount of EUR 1.14 Million
SPECIAL BUSINESS
19 Approve Reduction in Share Capital via For Abstain Mgmt
Cancellation of Repurchased Shares
20 Amend Articles of Association Re: Board For Abstain Mgmt
Size and Terms of Directors, Minimum Share
Ownership Requirement for Board Members,
Role of Chairman, and Editorial Changes
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 10
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/05/04 - A MARVEL ENTERPRISES, INC. *MVL* 57383M108 03/24/04 1,105
1 Elect Directors For For Mgmt
2 Amend Articles/Bylaws/Charter-Non-Routine For For Mgmt
3 Amend Omnibus Stock Plan For Against Mgmt
4 Ratify Auditors For Against Mgmt
05/03/04 - A ** MBNA CORP. *KRB* 55262L100 02/13/04 1,380
1 Elect Directors For Withhold Mgmt
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against Against ShrHoldr
4 Require Majority of Independent Directors Against For ShrHoldr
on Board
04/21/04 - A MEDCO HEALTH SOLUTIONS INC *MHS* 58405U102 03/10/04 3,505
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
08/28/03 - A ** MEDTRONIC, INC. *MDT* 585055106 07/03/03 3,480
1 Elect Directors For Split Mgmt
1.1 Elect Director Richard H. Anderson --- For
1.2 Elect Director Michael R. Bonsignore ---
Withhold
1.3 Elect Director Gordon M. Sprenger ---
Withhold
2 Ratify Auditors For Against Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
05/13/04 - A MGIC INVESTMENT CORP. *MTG* 552848103 03/15/04 2,215
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
11/11/03 - A ** MICROSOFT CORP. *MSFT* 594918104 09/12/03 6,840
1 Elect Directors For Split Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 11
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1.1 Elect Director William H. Gates, III --- For
1.2 Elect Director Steven A. Ballmer --- For
1.3 Elect Director James I. Cash, Jr., Ph.D.
--- For
1.4 Elect Director Raymond V. Gilmartin --- For
1.5 Elect Director Ann McLaughlin Korologos ---
For
1.6 Elect Director David F. Marquardt --- For
1.7 Elect Director Charles H. Noski --- For
1.8 Elect Director Dr. Helmut Panke --- For
1.9 Elect Director Wm. G. Reed, Jr. --- For
1.10 Elect Director Jon A. Shirley --- Withhold
2 Amend Omnibus Stock Plan For For Mgmt
3 Amend Non-Employee Director Stock Option For For Mgmt
Plan
SHAREHOLDER PROPOSAL
4 Refrain from Giving Charitable Contributions Against Against ShrHoldr
03/25/04 - A ** NOKIA CORP. 654902204 01/30/04 13,390
MEETING FOR HOLDERS OF ADRS
1 APPROVAL OF THE INCOME STATEMENTS AND THE For For Mgmt
BALANCE SHEETS.
2 APPROVAL OF A DIVIDEND OF EUR 0.30 PER For For Mgmt
SHARE.
3 APPROVAL OF THE DISCHARGE OF THE CHAIRMAN, For For Mgmt
THE MEMBERS OF THE BOARD OF DIRECTORS AND
THE PRESIDENT FROM LIABILITY.
4 Elect Directors For For Mgmt
5 Ratify Auditors For For Mgmt
6 APPROVAL OF THE PROPOSAL OF THE BOARD TO For For Mgmt
REDUCE THE SHARE CAPITAL THROUGH
CANCELLATION OF NOKIA SHARES HELD BY THE
COMPANY
7 APPROVAL OF THE AUTHORIZATION TO THE BOARD For For Mgmt
TO INCREASE THE SHARE CAPITAL OF THE
COMPANY.
8 APPROVAL OF THE AUTHORIZATION TO THE BOARD For For Mgmt
TO REPURCHASE
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 12
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
NOKIA SHARES.
9 APPROVAL OF THE AUTHORIZATION TO THE BOARD For For Mgmt
TO DISPOSE NOKIA SHARES HELD BY THE COMPANY.
10 APPROVAL OF THE PROPOSAL OF THE BOARD TO For For Mgmt
INCREASE THE CAPITAL OF THE FOUNDATION OF
NOKIA CORPORATION.
11 MARK THE FOR BOX IF YOU WISH TO INSTRUCT None Against Mgmt
THE DEPOSITARY TO GIVE A PROXY TO ANY ONE
OF MARIANNA UOTINEN-TARKOMA, ESA
KAUNISTOLA, BOTH LEGAL COUNSELS OF NOKIA
CORPORATION, TO AUTHORIZE ANY OF THEM (WITH
FULL POWER OF SUBSTITUTION) TO VOTE, IN
THEIR DISCR
05/18/04 - A NORTHROP GRUMMAN CORP. *NOC* 666807102 03/22/04 660
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Develop Ethical Criteria for Military Against Against ShrHoldr
Contracts
4 Declassify the Board of Directors Against Against ShrHoldr
02/24/04 - A NOVARTIS AG H5820Q150 02/04/04 688
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Discharge of the Board and Senior For For Mgmt
Management
3 Approve Allocation of Income and Dividends For For Mgmt
of CHF 1.00 per Share
4 Approve Transfer of CHF 360.9 Million from For For Mgmt
General Reserves to Free Reserves
5 Approve CHF 12.1 Million Reduction in Share For For Mgmt
Capital via Share Cancellation
6 Authorize Repurchase of up to Ten Percent For For Mgmt
of Issued Share Capital
7 Amend Articles Re: Reduce Board Terms from For For Mgmt
Four to Three Years
8.1 Approve Resignation of Walter Frehner and For For Mgmt
Heini Lippuner
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 13
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
8 Elect Directors For Against Mgmt
9 Ratify PricewaterhouseCoopers AG as Auditors For For Mgmt
04/16/04 - A ** NOVELLUS SYSTEMS, INC. *NVLS* 670008101 02/17/04 1,640
1 Elect Directors For Withhold Mgmt
2 Ratify Auditors For Abstain Mgmt
3 Provision of Non-Audit Services by Against Abstain ShrHoldr
Independent Auditors
4 Limit Executive Compensation Against Abstain ShrHoldr
07/10/03 - A NVIDIA CORPORATION *NVDA* 67066G104 05/15/03 565
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
06/10/04 - A PETSMART *PETM* 716768106 04/12/04 1,975
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
04/22/04 - A PFIZER INC. *PFE* 717081103 02/27/04 7,420
1 Elect Directors For For Mgmt
2 Ratify Auditors For Against Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr
TB, and Malaria Pandemic
5 Cease Political Contributions/Activities Against Against ShrHoldr
6 Report on Political Contributions/Activities Against Against ShrHoldr
7 Establish Term Limits for Directors Against Against ShrHoldr
8 Report on Drug Pricing Against Against ShrHoldr
9 Limit Awards to Executives Against Against ShrHoldr
10 Amend Animal Testing Policy Against Against ShrHoldr
02/27/04 - A SAMSUNG ELECTRONICS CO. LTD. 796050888 12/31/03 1,525
MEETING FOR HOLDERS OF ADRS
1 APPROVAL OF THE BALANCE SHEET, PROFIT AND For For Mgmt
LOSS
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 14
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
STATEMENT AND STATEMENT OF APPROPRIATION OF
RETAINED EARNINGS (DRAFT) FOR THE 35TH FISCAL YEAR
(FROM JANUARY 1, 2003 TO DECEMBER 31, 2003), AS SET
FORTH IN THE COMPANY S NOTICE OF MEETING.
2 APPROVAL OF THE APPOINTMENT OF GORAN S. For For Mgmt
MALM AND KAP-HYUN LEE AS OUTSIDE DIRECTORS.
3 APPROVAL OF THE APPOINTMENT OF KAP-HYUN LEE For For Mgmt
AS MEMBER OF THE AUDIT COMMITTEE.
4 APPROVAL OF THE APPOINTMENT OF HAK-SOO LEE For For Mgmt
AS OTHER DIRECTOR.
5 APPROVAL OF THE CEILING AMOUNT OF THE For For Mgmt
REMUNERATION FOR DIRECTORS, AS SET FORTH IN
THE COMPANY S NOTICE OF MEETING.
06/23/04 - A/S ** SANOFI-SYNTHELABO (FORMERLY SANOFI) F5548N101 None 930
ORDINARY BUSINESS
1 Approve Financial Statements and Statutory For Abstain Mgmt
Reports
2 Accept Consolidated Financial Statements For Abstain Mgmt
and Statutory Reports
3 Approve Allocation of Income and Dividends For Abstain Mgmt
of EUR 1.53 per Share
4 Approve Special Auditors' Report Regarding For Abstain Mgmt
Related-Party Transactions
5 Authorize Repurchase of Up to Ten Percent For Abstain Mgmt
of Issued Share Capital
6 Authorize Issuance of Bonds/Debentures in For Abstain Mgmt
the Aggregate Value of EUR 7 Billion
SPECIAL BUSINESS
7 Authorize Issuance of Equity or For Abstain Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
EUR 750 Million; Set Global Limit for
Capital Increase to Result from Issuance
Requests in Items 7-10 at EUR 1.25 Billion
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 15
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
8 Authorize Issuance of Equity or For Abstain Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
EUR 750 Million
9 Allow Board to Issue Shares in the Event of For Abstain Mgmt
a Public Tender Offer or Share Exchange
Offer
10 Authorize Capitalization of Reserves of Up For Abstain Mgmt
to EUR 500 Million for Bonus Issue or
Increase in Par Value
11 Approve Capital Increase Reserved for For Abstain Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
12 Approve Stock Option Plan Grants For Abstain Mgmt
13 Approve Reduction in Share Capital via For Abstain Mgmt
Cancellation of Repurchased Shares
14 Authorize Capital Increase of Up to EUR For Abstain Mgmt
1.429 Billion for Aventis Exchange Offer
15 Change Company Name to Sanofi-Aventis For Abstain Mgmt
16 Amend Articles of Association to Reduce For Abstain Mgmt
Term of Board Members from Five to Four
Years
17 Amend Articles to Reflect 2003 Legal For Abstain Mgmt
Changes Re: Powers of the Chairman
18 Reelect Jean-Francois Dehecq as Director For Abstain Mgmt
(Representing Sanofi-Synthelabo)
19 Reelect Rene Barbier de la Serre as For Abstain Mgmt
Director (Representing Sanofi-Synthelabo)
20 Reelect Robert Castaigne as Director For Abstain Mgmt
(Representing Sanofi-Synthelabo)
21 Reelect Thierry Desmarest as Director For Abstain Mgmt
(Representing Sanofi-Synthelabo)
22 Reelect Lindsay Owen-Jones as Director For Abstain Mgmt
(Representing Sanofi-Synthelabo)
23 Reelect Bruno Weymuller as Director For Abstain Mgmt
(Representing Sanofi-Synthelabo)
24 Confirm Appointment of Lord Douro as For Abstain Mgmt
Director (Representing Sanofi-Synthelabo)
25 Confirm Appointment of Gerard Van Kemmel as For Abstain Mgmt
Director (Representing Sanofi-Synthelabo)
26 Elect Christian Mulliez as Director For Abstain Mgmt
(Representing Sanofi-Synthelabo)
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 16
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
27 Elect Jean-Marc Bruel as Director For Abstain Mgmt
(Representing Aventis)
28 Elect Jurgen Dormann as Director For Abstain Mgmt
(Representing Aventis)
29 Elect Jean-Rene Fourtou as Director For Abstain Mgmt
(Representing Aventis)
30 Elect Serge Kampf as Director (Representing For Abstain Mgmt
Aventis)
31 Elect Igor Landau as Director (Representing For Abstain Mgmt
Aventis)
32 Elect Hubert Markl as Director For Abstain Mgmt
(Representing Aventis)
33 Elect Klaus Pohle as Director (Representing For Abstain Mgmt
Aventis)
34 Elect Hermann Scholl as Director For Abstain Mgmt
(Representing Aventis)
35 Confirm End of Term of Permanent For Abstain Mgmt
Representative of Elf Aquitaine, L'Oreal,
Pierre Castres Saint-Martin, Pierre-Gilles
de Gennes, and Herve Guerin as Directors
36 Approve Remuneration of Directors in the For Abstain Mgmt
Aggregate Amount of Up to EUR 1 Million
37 Authorize Filing of Required For Abstain Mgmt
Documents/Other Formalities
06/17/04 - A STAPLES, INC. *SPLS* 855030102 04/19/04 3,835
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Amend Employee Stock Purchase Plan For For Mgmt
5 Ratify Auditors For For Mgmt
6 Submit Shareholder Rights Plan (Poison Against Against ShrHoldr
Pill) to Shareholder Vote
7 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
8 Limit Executive Compensation Against Against ShrHoldr
9 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr
Services
05/07/04 - A STARWOOD HOTELS & RESORTS WORLDWIDE, 85590A203 03/19/04 4,465
INC. *HOT*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 17
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 Approve Omnibus Stock Plan For For Mgmt
4 Declassify the Board of Directors For For Mgmt
08/21/03 - A ** SYMANTEC CORP. *SYMC* 871503108 07/08/03 1,650
1 Elect Directors For For Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Amend Stock Option Plan For For Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
5 Ratify Auditors For For Mgmt
04/27/04 - A SYNGENTA AG H84140112 None 518
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Discharge of Board and Senior For For Mgmt
Management
3 Approve Allocation of Income and Omission For For Mgmt
of Dividends
4 Approve CHF 191.4 Million Reduction in For For Mgmt
Share Capital via Reduction in Par Value
and Repayment to Shareholders
5 Amend Articles Re: Submission of For For Mgmt
Shareholder Proposals
6 Authorize Repurchase of up to Ten Percent For For Mgmt
of Issued Share Capital
7 Reelect Rupert Gasser, Heinz Imhof, and For Against Mgmt
Michael Pragnell as Directors
8 Reelect Ernst and Young AG as Auditors For For Mgmt
04/27/04 - A SYNGENTA AG 87160A100 03/19/04 710
MEETING FOR HOLDERS OF ADRS
1 APPROVAL OF THE ANNUAL REPORT, THE ANNUAL For For Mgmt
FINANCIAL STATEMENTS AND THE GROUP
CONSOLIDATED FINANCIAL STATEMENTS FOR THE
YEAR 2003.
2 DISCHARGE OF THE MEMBERS OF THE BOARD OF For For Mgmt
DIRECTORS AND THE EXECUTIVE COMMITTEE.
3 APPROPRIATION OF BALANCE SHEET PROFIT 2003. For For Mgmt
4 REDUCTION OF SHARE CAPITAL AND REPAYMENT OF For For Mgmt
NOMINAL
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 18
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
VALUE OF SHARES.
5 AMENDMENT OF THE ARTICLES OF INCORPORATION. For For Mgmt
6 APPROVAL OF SHARE REPURCHASE. For For Mgmt
7 ELECTION TO THE BOARD OF DIRECTORS: For Against Mgmt
RE-ELECTION OF: RUPERT GASSER
8 ELECTION TO THE BOARD OF DIRECTORS: For For Mgmt
RE-ELECTION OF: HEINZ IMHOF
9 ELECTION TO THE BOARD OF DIRECTORS: For For Mgmt
RE-ELECTION OF: MICHAEL PRAGNELL
10 RE-ELECTION OF ERNST & YOUNG AG AS AUDITORS For For Mgmt
OF SYNGENTA AG AND GROUP AUDITORS FOR THE
BUSINESS YEAR 2004.
05/26/04 - A SYNOPSYS, INC. *SNPS* 871607107 04/07/04 2,565
1 Elect Directors For For Mgmt
2 Amend Non-Employee Director Stock Option For Against Mgmt
Plan
3 Ratify Auditors For For Mgmt
04/15/04 - A TEXAS INSTRUMENTS INC. *TXN* 882508104 02/17/04 5,660
1 Elect Directors For For Mgmt
2 Ratify Auditors For Against Mgmt
3 Expense Stock Options Against Against ShrHoldr
05/18/04 - A THE ALLSTATE CORP. *ALL* 020002101 03/19/04 2,360
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Executive Incentive Bonus Plan For For Mgmt
4 Amend Executive Incentive Bonus Plan For For Mgmt
5 Provide for Cumulative Voting Against For ShrHoldr
03/31/04 - A THE GOLDMAN SACHS GROUP, INC. *GS* 38141G104 02/02/04 2,415
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 19
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 Declassify the Board of Directors Against Against ShrHoldr
05/21/04 - A TIME WARNER INC *TWX* 887317105 03/23/04 18,210
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Adopt China Principles Against Against ShrHoldr
4 Report on Pay Disparity Against Against ShrHoldr
03/19/04 - S TRAVELERS PROPERTY CASUALTY CORP. 89420G406 02/06/04 1,000
1 Approve Merger Agreement For For Mgmt
03/25/04 - A TYCO INTERNATIONAL LTD. *TYC* 902124106 03/25/04 14,135
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 ADOPTION OF THE AMENDED AND RESTATED For For Mgmt
BYE-LAWS.
4 APPROVAL OF TYCO 2004 STOCK AND INCENTIVE For For Mgmt
PLAN.
5 SHAREHOLDER PROPOSAL REGARDING For Against ShrHoldr
ENVIRONMENTAL REPORTING.
6 SHAREHOLDER PROPOSAL TO CHANGE TYCO S Against Against ShrHoldr
JURISDICTION OF INCORPORATION FROM BERMUDA
TO A U.S. STATE.
7 SHAREHOLDER PROPOSAL ON COMMON SENSE Against Against ShrHoldr
EXECUTIVE COMPENSATION.
05/12/04 - A ** UNITEDHEALTH GROUP INCORPORATED 91324P102 03/15/04 4,830
*UNH*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against For ShrHoldr
4 Limit Awards to Executives Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 20
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
06/28/04 - S WELLPOINT HEALTH NETWORKS INC. *WLP* 94973H108 05/10/04 165
1 Approve Merger Agreement For For Mgmt
03/22/04 - A WHOLE FOODS MARKET, INC. *WFMI* 966837106 01/22/04 1,500
1 Elect Directors For For Mgmt
2 Amend Stock Option Plan For For Mgmt
3 Ratify Auditors For For Mgmt
4 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
05/21/04 - A YAHOO!, INC. *YHOO* 984332106 03/25/04 7,690
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For For Mgmt
4 Expense Stock Options Against Against ShrHoldr
11/28/03 - S ** YUKOS OIL COMPANY 98849W108 09/25/03 440
ELECT 11 DIRECTORS BY CUMULATIVE VOTING
1 Elect Directors For For Mgmt
2 Adopt New Charter For For Mgmt
3 Approve Dividends for First Nine Months of For For Mgmt
2003
06/24/04 - A YUKOS OIL COMPANY 98849W108 05/27/04 1,150
MEETING FOR HOLDERS OF ADRS
1 APPROVAL OF THE ANNUAL REPORT OF YUKOS OIL For For Mgmt
COMPANY FOR 2003.
2 APPROVAL OF THE ANNUAL ACCOUNTING REPORTS, For For Mgmt
INCLUDING THE PROFIT AND LOSS ACCOUNT, OF
YUKOS OIL COMPANY FOR FY 2003.
3 APPROVAL OF DISTRIBUTION OF PROFIT OF YUKOS For For Mgmt
OIL COMPANY FOR FY 2003, INCLUDING PAYMENT OF
DIVIDEND ON COMMON SHARES
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 21
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF JANUS GROWTH LT FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
OF YUKOS OIL COMPANY, AND
OF LOSSES FOR FY 2003.
4 ELECTION OF THE BOARD OF DIRECTORS OF YUKOS For For Mgmt
OIL COMPANY.
5 ELECTION OF MURASHOVA ANTONINA B. TO THE For For Mgmt
AUDITING COMMISSION OF YUKOS OIL COMPANY.
6 ELECTION OF BRITKOVA ELENA V. TO THE For For Mgmt
AUDITING COMMISSION OF YUKOS OIL COMPANY.
7 ELECTION OF SERZHANOVA MARGARITA O. TO THE For For Mgmt
AUDITING COMMISSION OF YUKOS OIL COMPANY.
8 APPROVAL OF THE AUDITOR OF YUKOS OIL For For Mgmt
COMPANY FOR 2004.
9 APPROVAL OF THE TOTAL AMOUNT OF For For Mgmt
REMUNERATION AND REIMBURSEMENTS OF
DIRECTORS OF YUKOS OIL COMPANY FOR THE
PERIOD 2004-2005.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 22
** - Exception Vote
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 1 Receive Report of M Not Voted None
Management Board
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 2 Discussion about Company's M Not Voted None
Corporate Governance Report
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 3.1 Approve Financial M Not Voted For
Statements and Statutory
Reports
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 3.2 Approve Dividends M Not Voted For
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 3.3 Approve Discharge of M Not Voted For
Management Board
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 3.4 Approve Discharge of M Not Voted For
Supervisory Board
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 4 Approve Remuneration Policy M Not Voted For
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 5 Reappoint Ernst & Young as M Not Voted For
Auditors
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 6.1 Reelect T. Maas-de Bouwer M Not Voted For
to Supervisory Board
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 6.2 Elect A. Olijslager to M Not Voted For
Supervisory Board
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 7.1 Abolish Antitakeover M Not Voted For
Preference Shares through
Repurchase and Cancellation
of Shares
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 7.2 Amend Articles to Reflect M Not Voted For
Cancellation of Preference
Shares (Item 7.1)
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 8 Authorize Repurchase of Up M Not Voted For
to Ten Percent of Issued
Share Capital
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 9.1 Grant Board Authority to M Not Voted For
Issue Ordinary Shares and
Convertible Preference
Shares Up to 20 Percent of
Issued Share Capital
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 9.2 Grant Board Authority to M Not Voted For
Exclude Preemptive Rights
from Issuance Under Item 9.1
Abn Amro Holding Nv Netherlands 4/29/2004 Annual N0030P459 10 Other Business M Not Voted None
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 1 Accept Financial Statements M For For
and Statutory Reports
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 2 Approve Dividend of EUR 35 M For For
Cents
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 3a Elect Michael Buckley as a M For For
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 3b Elect Padraic Fallon as a M For For
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 3c Elect Dermot Gleeson as a M For For
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 3d Elect Derek Higgs as a M For For
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 3e Elect Gary Kennedy as a M For For
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 3f Elect John McGuckian as a M For For
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 4 Authorize Board to Fix M For For
Remuneration of KPMG
Auditors
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 5 Authorize Share Repurchase M For For
of 90 Million Shares,
Representing 10 Percent of
the Share Capital
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 6 Authorize Reissuance of M For For
Repurchased Shares
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 7 Approve Issuance of Equity M For For
or Equity-Linked Securities
without Preemptive Rights,
Representing 5 Percent of
the Share capital
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 8 Approve Stock Dividend M For For
Program
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 9a Remove Adrian Burke as a S Against Against
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 9b Remove Colm Doherty as a S Against Against
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 9c Remove Don Godson as a S Against Against
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 9d Remove Aidan McKeon as a S Against Against
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 9e Remove Carol Moffett as a S Against Against
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 9f Remove Jim O'Leary as a S Against Against
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 9g Remove Michael Sullivan as S Against Against
a Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 9h Remove Robert Wilmers as a S Against Against
Director
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 10 Remove KPMG as Auditors S Against Against
Allied Irish Bank Plc Ireland 4/29/2004 Annual G02072117 11 Appoint Niall Murphy, a S Against Against
Shareholder Nominee, as a
Director
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 1 Approve Financial M Not Voted For
Rhone-Poulenc) Special Statements and Statutory
Reports
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 2 Accept Consolidated M Not Voted For
Rhone-Poulenc) Special Financial Statements and S
Statutory Reports
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 3 Approve Allocation of M Not Voted For
Rhone-Poulenc) Special Income and Dividends of
EUR 1.23 per Share
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 4 Approve Special Auditors' M Not Voted For
Rhone-Poulenc) Special Report Regarding
Related-Party Transactions M Not Voted For
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 5 Authorize Repurchase of Up M Not Voted For
Rhone-Poulenc) Special to Ten Percent of Issued
Share Capital
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 6 Ratify Yves Nicolas as M Not Voted For
Rhone-Poulenc) Special Alternate Auditor
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 7 Amend Article 7 to Reflect M Not Voted For
Rhone-Poulenc) Special 2003 Legal Changes Re:
Shareholding Disclosure
Requirement
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 8 Amend Article 11 to Set M Not Voted For
Rhone-Poulenc) Special Term of Management Board
Members at Three Years, Down
From Five Years Previously
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 9 Amend Article 13 to Set M Not Voted For
Rhone-Poulenc) Special Term of Supervisory Board
Members at Three Years, Down
From Five Years Previously
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 10 Reelect Jean-Marc Bruel as M Not Voted For
Rhone-Poulenc) Special Supervisory Board Member
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 11 Reelect Martin Fruhauf as M Not Voted For
Rhone-Poulenc) Special Supervisory Board Member
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 12 Reelect Serge Kampf as M Not Voted For
Rhone-Poulenc) Special Supervisory Board Member
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 13 Reelect Hubert Markl as M Not Voted For
Rhone-Poulenc) Special Supervisory Board Member
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 14 Reelect Gunter Metz as M Not Voted For
Rhone-Poulenc) Special Supervisory Board Member
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 15 Reelect Didier M Not Voted For
Rhone-Poulenc) Special Pineau-Valencienne as
Supervisory Board Member
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 16 Reelect Seham Razzouqi as M Not Voted For
Rhone-Poulenc) Special Supervisory Board Member
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 17 Reelect Michel Renault as M Not Voted For
Rhone-Poulenc) Special Supervisory Board Member
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 18 Reelect Hans-Jurgen M Not Voted For
Rhone-Poulenc) Special Schinzler as Supervisory
Board Member
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 19 Reelect Marc Vienot as M Not Voted For
Rhone-Poulenc) Special Supervisory Board Member
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Aventis SA (Formerly France 6/11/2004 Annual/ F0590R100 20 Authorize Filing of M Not Voted For
Rhone-Poulenc) Special Required Documents/Other
Formalities
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 1 Approve Financial M Not Voted For
Special Statements and Statutory
Reports
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 2 Accept Consolidated M Not Voted For
Special Financial Statements and
Statutory Reports
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 3 Approve Allocation of M Not Voted For
Special Income and Dividends of EUR
0.57 per Share
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 4 Approve Special Auditors' M Not Voted For
Special Report Regarding
Related-Party Transactions
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 5 Reelect Claude Bebear as M Not Voted For
Special Supervisory Board Member
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 6 Ratify Mazars & Guerard as M Not Voted For
Special Auditors
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 7 Ratify Jean Louis Simon as M Not Voted For
Special Alternate Auditor
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 8 Elect Willy Avereyn as M Not Voted None
Special Representative of Employee
Shareholders to the
Supervisory Board, Pending
Approval of Item 13
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 9 Elect Cees de Jong as M Not Voted None
Special Representative of Employee
Shareholders to the
Supervisory Board, Pending
Approval of Item 13
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 10 Elect Jacques Tabourot as M Not Voted For
Special Representative of Employee
Shareholders to the
Supervisory Board, Pending
Approval of Item 13
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 11 Authorize Repurchase of Up M Not Voted For
Special to Ten Percent of Issued
Share Capital
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 12 Allow Board to Issue Shares M Not Voted For
Special in the Event of a Public
Tender Offer or Share
Exchange Offer
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 13 Amend Article 10 Re: M Not Voted For
Special Appointment of
Representative of Employee
Shareholders to the
Supervisory Board
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 14 Amend Article 10 Re: M Not Voted Against
Special Appointment of Employee
Representative to the
Supervisory Board
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 15 Approve Reduction in Share M Not Voted For
Special Capital via Cancellation of
Repurchased Shares
Axa (Formerly Axa-Uap) France 4/21/2004 Annual/ F06106102 16 Authorize Filing of M Not Voted For
Special Required Documents/Other
Formalities
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 1 Accept Financial Statements M For For
and Statutory Reports
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 2 Approve Remuneration Report M For For
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 3 Elect Sir Richard Broadbent M For For
as Director
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 4 Elect Roger Davis as M For For
Director
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 5 Elect Gary Hoffman as M For For
Director
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 6 Elect Naguib Kheraj as M For For
Director
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 7 Elect David Roberts as M For For
Director
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 8 Re-elect Sir Peter M For For
Middleton as Director
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 9 Re-elect Stephen Russell M For For
as Director
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 10 Re-elect Christopher M For For
Lendrum as Director
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 11 Re-elect Sir Brian Jenkins M For For
as Director
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 12 Re-appoint M For For
PricewaterhouseCoopers LLP
as Auditors of the Company
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 13 Authorize Board to Fix M For For
Remuneration of the Auditors
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 14 Authorize Issuance of M For For
Equity or Equity-Linked
Securities without
Pre-emptive Rights up to
Aggregate Nominal Amount of
GBP 82,053,000
Barclays Plc United Kingdom 4/29/2004 Annual G08036124 15 Authorize 984,600,000 M For For
Ordinary Shares for Market
Purchase
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 1 Re-elect The Lord Browne of M For For
Amoco Plc) Madingley as Director
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 2 Re-elect Byron Grote as M For For
Amoco Plc) Director
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 3 Re-elect Michael Miles as M For For
Amoco Plc) Director
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 4 Re-elect Sir Robin M For For
Amoco Plc) Nicholson as Director
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 5 Re-elect Dick Olver as M For For
Amoco Plc) Director
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 6 Re-elect Sir Ian Prosser as M For For
Amoco Plc) Director
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 7 Elect Antony Burgmans as M For For
Amoco Plc) Director
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 8 Re-appoint Ernst and Young M For For
Amoco Plc) LLP as Auditors and
Authorize Board to Fix
Remuneration of Auditors
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 9 Amend Articles of M For For
Amoco Plc) Association Re: Treasury
Shares and Annual Retirement
of Directors
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 10 Authorize Issuance of M For For
Amoco Plc) Equity or Equity-Linked
Securities with Pre-emptive
Rights up to Aggregate
Nominal Amount of USD 1,820
Million
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 11 Authorize Issuance of M For For
Amoco Plc) Equity or Equity-Linked
Securities without
Pre-emptive Rights up to
Aggregate Nominal Amount of
USD 273 Million
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 12 Authorize 2.2 Billion M For For
Amoco Plc) Shares for Market Purchase
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 13 Authorize the Company to M For For
Amoco Plc) use Treasury Shares for the
Purpose of the Employee
Share Schemes Operated by
the Company
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 14 Approve Remuneration Report M For For
Amoco Plc)
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 15 Approve Increase in M For For
Amoco Plc) Remuneration of
Non-Executive Directors
from GBP 1.5 Million to GBP
2.5 Million
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 16 Accept Financial Statements M For For
Amoco Plc) and Statutory Reports
BP PLC (Form. Bp United Kingdom 4/15/2004 Annual G12793181 17 Require the Company to S Against Against
Amoco Plc) Prepare a Report Re:
Mitigating Risks to
Shareholder Value when
Operating in Protected and
Sensitive Areas
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 1 Accept Financial Statements M For For
and Statutory Reports
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 2 Approve Final Dividend of M For For
8.35 Pence Per Ordinary
Share
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 3 Approve Remuneration Report M For For
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 4 Re-elect John Sunderland as M For For
Director
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 5 Elect Ken Hanna as Director M For For
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 6 Re-elect Rick Braddock as M For For
Director
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 7 Re-elect Roger Carr as M For For
Director
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 8 Re-elect David Thompson as M For For
Director
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 9 Re-appoint Deloitte and M For For
Touche LLP as Auditors of
the Company
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 10 Authorize Board to Fix M For For
Remuneration of the Auditors
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 11 Authorize Issuance of M For For
Equity or Equity-Linked
Securities with Pre-emptive
Rights up to Aggregate
Nominal Amount of GBP 85.27
Million
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 12 Authorize Issuance of M For For
Equity or Equity-Linked
Securities without
Pre-emptive Rights up to
Aggregate Nominal Amount of
GBP 12.92 Million
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 13 Authorize 25.84 Million M For For
Ordinary Shares for Market
Purchase
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 14 Amend Cadbury Schweppes M For For
Share Option Plan 1994
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 15 Amend Cadbury Schweppes plc M For For
1997 Long-Term Incentive
Plan
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 16 Approve Cadbury Schweppes M For For
Bonus Share Retention Plan
2004
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 17 Amend Overseas Employee M For For
Share Schemes
Cadbury Schweppes Plc United Kingdom 5/21/2004 Annual G17444152 18 Authorize the Board to M For For
Establish Further Employees
Share Plan or Plans
Canon Inc. Japan 3/30/2004 Annual J05124144 1 Approve Allocation of M For For
Income, Including the
Following Dividends: Interim
JY 15, Final JY 35, Special
JY 0
Canon Inc. Japan 3/30/2004 Annual J05124144 2 Amend Articles to: M For For
Authorize Share Repurchases
at Board's Discretion
Canon Inc. Japan 3/30/2004 Annual J05124144 3.1 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.2 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.3 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.4 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.5 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.6 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.7 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.8 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.9 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.1 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.11 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.12 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.13 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.14 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.15 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.16 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.17 Elect Director M For For
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Canon Inc. Japan 3/30/2004 Annual J05124144 3.18 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.19 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.2 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.21 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.22 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.23 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.24 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.25 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.26 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 3.27 Elect Director M For For
Canon Inc. Japan 3/30/2004 Annual J05124144 4.1 Appoint Internal Statutory M For For
Auditor
Canon Inc. Japan 3/30/2004 Annual J05124144 4.2 Appoint Internal Statutory M For For
Auditor
Canon Inc. Japan 3/30/2004 Annual J05124144 4.3 Appoint Internal Statutory M For For
Auditor
Canon Inc. Japan 3/30/2004 Annual J05124144 5 Appoint Additional External M For For
Auditor
Canon Inc. Japan 3/30/2004 Annual J05124144 6 Approve Retirement Bonuses M For For
for Directors and Statutory
Auditors
Canon Inc. Japan 3/30/2004 Annual J05124144 7 Approve Adjustment to M For For
Aggregate Compensation
Ceiling for Directors and
Statutory Auditors
Credit Suisse Group Switzerland 4/30/2004 Annual H3698D419 1 Accept Financial Statements M Not Voted For
(Formerly Cs Holding) and Statutory Reports
Credit Suisse Group Switzerland 4/30/2004 Annual H3698D419 2 Approve Discharge of Board M Not Voted For
(Formerly Cs Holding) and Senior Management
Credit Suisse Group Switzerland 4/30/2004 Annual H3698D419 3.1 Approve Allocation of M Not Voted For
(Formerly Cs Holding) Income and Omission of
Dividends
Credit Suisse Group Switzerland 4/30/2004 Annual H3698D419 3.2 Approve CHF 597.5 Million M Not Voted For
(Formerly Cs Holding) Reduction in Share Capital
via Reduction in Par Value
and Repayment to
Shareholders
Credit Suisse Group Switzerland 4/30/2004 Annual H3698D419 4.1 Reelect Thomas Bell and M Not Voted For
(Formerly Cs Holding) Aziz Syriani as Directors;
Elect Peter Weibel, Noreen
Doyle, and David Syz as
Directors
Credit Suisse Group Switzerland 4/30/2004 Annual H3698D419 4.2 Reelect KPMG Klynveld Peat M Not Voted For
(Formerly Cs Holding) Marwick Goerdeler SA as
Auditors
Credit Suisse Group Switzerland 4/30/2004 Annual H3698D419 4.3 Reelect BDO Sofirom as M Not Voted For
(Formerly Cs Holding) Special Auditors
Credit Suisse Group Switzerland 4/30/2004 Annual H3698D419 5.1 Amend Articles Re: M Not Voted For
(Formerly Cs Holding) Submission of Shareholder
Proposals
Credit Suisse Group Switzerland 4/30/2004 Annual H3698D419 5.2 Amend Articles Re: Delete M Not Voted For
(Formerly Cs Holding) Provisions Concerning
Contributions In Kind
Danske Bank AS Denmark 3/23/2004 Annual K22272114 1 Approve Financial M For For
(Formerly Den Danske Statements and Discharge
Bank) Directors; Approve
Allocation of Income and
Dividends of DKK 6.55 Per
Share
Danske Bank AS Denmark 3/23/2004 Annual K22272114 2 Reelect Joergen Moeller, M For For
(Formerly Den Danske Niels Holm, Peter Hoejland,
Bank) and Majken Schultz as
Directors
Danske Bank AS Denmark 3/23/2004 Annual K22272114 3 Reelect Grant Thornton and M For For
(Formerly Den Danske KPMG as Auditors
Bank)
Danske Bank AS Denmark 3/23/2004 Annual K22272114 4 Authorize Repurchase of Up M For For
(Formerly Den Danske to Ten Percent of Issued
Bank) Share Capital
Danske Bank AS Denmark 3/23/2004 Annual K22272114 5 Approve DKK 394.1 Million M For For
(Formerly Den Danske Reduction in Share Capital
Bank) via Share Cancellation
Danske Bank AS Denmark 3/23/2004 Annual K22272114 6 Amend Articles Re: Quorum M Against For
(Formerly Den Danske and Voting Majority
Bank) Requirements
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Danske Bank AS Denmark 3/23/2004 Annual K22272114 7 Other Business (Non-Voting) M None None
(Formerly Den Danske
Bank)
Diageo Plc (Formerly United Kingdom 10/22/2003 Annual G42089113 1 Accept Financial Statements M For For
Guinness Plc) and Statutory Reports
Diageo Plc (Formerly United Kingdom 10/22/2003 Annual G42089113 2 Approve Remuneration Report M For For
Guinness Plc)
Diageo Plc (Formerly United Kingdom 10/22/2003 Annual G42089113 3 Approve Final Dividend of M For For
Guinness Plc) 15.7 Pence Per Share
Diageo Plc (Formerly United Kingdom 10/22/2003 Annual G42089113 4 Reelect Lord Blyth as M For For
Guinness Plc) Director
Diageo Plc (Formerly United Kingdom 10/22/2003 Annual G42089113 5 Reelect Keith Oates as M For For
Guinness Plc) Director
Diageo Plc (Formerly United Kingdom 10/22/2003 Annual G42089113 6 Reelect Paul Walsh as M For For
Guinness Plc) Director
Diageo Plc (Formerly United Kingdom 10/22/2003 Annual G42089113 7 Approve KPMG Audit Plc as M For For
Guinness Plc) Auditors and Authorize Board
to Fix Their Remuneration
Diageo Plc (Formerly United Kingdom 10/22/2003 Annual G42089113 8 Authorize Issuance of M For For
Guinness Plc) Equity or Equity-Linked
Securities without
Preemptive Rights up to
Aggregate Nominal Amount of
GBP 44,833,003
Diageo Plc (Formerly United Kingdom 10/22/2003 Annual G42089113 9 Authorize 309,885,718 M For For
Guinness Plc) Shares for Share Repurchase
Program
Eni Spa Italy 5/25/2004 Annual/ T3643A145 1 Accept Financial M Not Voted For
Special Statements, Consolidated
Accounts, and Statutory
Reports
Eni Spa Italy 5/25/2004 Annual/ T3643A145 2 Approve Allocation of M Not Voted For
Special Income
Eni Spa Italy 5/25/2004 Annual/ T3643A145 3 Authorize Share Repurchase M Not Voted For
Special Program
Eni Spa Italy 5/25/2004 Annual/ T3643A145 4 Elect External Auditors for M Not Voted For
Special the Three-Year Term
2004-2006 and Fix
Remuneration of Auditors
Eni Spa Italy 5/25/2004 Annual/ T3643A145 5 Amend Article 2 of the Set M Not Voted For
Special of Rules Governing General
Meetings of Eni Spa
Eni Spa Italy 5/25/2004 Annual/ T3643A145 6 Approve Remuneration of M Not Voted For
Special Directors
Eni Spa Italy 5/25/2004 Annual/ T3643A145 1 Amend Articles To Reflect M Not Voted For
Special New Italian Company Law
Regulations
Eni Spa Italy 5/25/2004 Annual/ T3643A145 2 Amend Articles 17, 19, and M Not Voted For
Special 28 of the Company's Bylaws
Eni Spa Italy 5/28/2004 Annual/ T3643A145 1 Accept Financial Statements,M Not Voted For
Special Consolidated Accounts, and
Statutory Reports
Eni Spa Italy 5/28/2004 Annual/ T3643A145 2 Approve Allocation of M Not Voted For
Special Income
Eni Spa Italy 5/28/2004 Annual/ T3643A145 3 Authorize Share Repurchase M Not Voted For
Special Program
Eni Spa Italy 5/28/2004 Annual/ T3643A145 4 Elect External Auditors for M Not Voted For
Special the Three-Year Term
2004-2006 and Fix
Remuneration of Auditors
Eni Spa Italy 5/28/2004 Annual/ T3643A145 5 Amend Article 2 of the Set M Not Voted For
Special of Rules Governing General
Meetings of Eni Spa
Eni Spa Italy 5/28/2004 Annual/ T3643A145 6 Approve Remuneration of M Not Voted For
Special Directors
Eni Spa Italy 5/28/2004 Annual/ T3643A145 1 Amend Articles To Reflect M Not Voted For
Special New Italian Company Law
Regulations
Eni Spa Italy 5/28/2004 Annual/ T3643A145 2 Amend Articles 17, 19, and M Not Voted For
Special 28 of the Company's Bylaws
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 1 Accept Financial Statements M For For
(formerly Glaxo and Statutory Reports
Wellcome Plc )
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 2 Approve Remuneration Report M For For
(formerly Glaxo
Wellcome Plc )
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 3 Elect Lawrence Culp as M For For
(formerly Glaxo Director
Wellcome Plc )
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 4 Elect Crispin Davis as M For For
(formerly Glaxo Director
Wellcome Plc )
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 5 Elect Sir Robert Wilson as M For For
(formerly Glaxo Director
Wellcome Plc )
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 6 Elect Tachi Yamada as M For For
(formerly Glaxo Director
Wellcome Plc )
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 7 Re-elect Sir Christopher M For For
(formerly Glaxo Hogg as Director
Wellcome Plc )
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 8 Re-appoint M For For
(formerly Glaxo PricewaterhouseCoopers LLP
Wellcome Plc ) as Auditors of the Company
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 9 Authorize Board to Fix M For For
(formerly Glaxo Remuneration of the Auditors
Wellcome Plc )
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 10 Authorize EU Political M For For
(formerly Glaxo Donations up to Aggregate
Wellcome Plc ) Nominal Amount of GBP
100,000
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 11 Authorize Issuance of M For For
(formerly Glaxo Equity or Equity-Linked
Wellcome Plc ) Securities without
Pre-emptive Rights up to
Aggregate Nominal Amount of
GBP 74,330,954
GlaxoSmithKline PLC United Kingdom 5/17/2004 Annual G3910J112 12 Authorize 594,647,632 M For For
(formerly Glaxo Ordinary Shares for Market
Wellcome Plc ) Purchase
Heineken Nv Netherlands 4/29/2004 Annual N39427195 1 Open Meeting M Not Voted None
Heineken Nv Netherlands 4/29/2004 Annual N39427195 2 Approve Financial M Not Voted For
Statements and Statutory
Reports
Heineken Nv Netherlands 4/29/2004 Annual N39427195 3 Approve Allocation of M Not Voted For
Income
Heineken Nv Netherlands 4/29/2004 Annual N39427195 4 Approve Discharge of M Not Voted For
Management Board
Heineken Nv Netherlands 4/29/2004 Annual N39427195 5 Approve Discharge of M Not Voted For
Supervisory Board
Heineken Nv Netherlands 4/29/2004 Annual N39427195 6 Approve Lowering in Par M Not Voted For
Value from EUR 2 to EUR 1.60
via a 5:4 (Five New Shares
for Every Four Currently
Held) Stock Split
Heineken Nv Netherlands 4/29/2004 Annual N39427195 7 Amend Articles Re: 5:4 M Not Voted For
Stock Split; Editorial
Changes
Heineken Nv Netherlands 4/29/2004 Annual N39427195 8.1 Elect A. Risseeuwto M Not Voted For
Supervisory Board
Heineken Nv Netherlands 4/29/2004 Annual N39427195 8.2 Elect R. Overgaauw to M Not Voted Against
Supervisory Board
Heineken Nv Netherlands 4/29/2004 Annual N39427195 9.1 Elect K. Bueche to M Not Voted For
Management Board
Heineken Nv Netherlands 4/29/2004 Annual N39427195 9.2 Elect J. Buijs to M Not Voted Against
Management Board
Heineken Nv Netherlands 4/29/2004 Annual N39427195 10 Discussion about Company's M Not Voted None
Corporate Governance Report
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 1 Accept Financial Statements M For For
and Statutory Reports
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 2a Re-elect Lord Butler as M For For
Director
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 2b Re-elect Baroness Lydia M For For
Dunn as Director
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 2c Elect Rona Fairhead as M For For
Director
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 2d Re-elect William Fung as M For For
Director
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 2e Elect Michael Geoghegan as M For For
Director
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 2f Re-elect Sharon Hintze as M For For
Director
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 2g Re-elect John Kemp-Welch as M For For
Director
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 2h Re-elect Sir Mark M For For
Moody-Stuart as Director
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 2i Re-elect Helmut Sohmen as M For For
Director
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 3 Re-appoint KPMG Audit Plc M For For
as Auditors and Authorize
Board to Fix Remuneration of
Auditors
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 4 Approve Remuneration Report M For For
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 5 Authorize 1,099,900,000 M For For
Ordinary Shares for Market
Purchase
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 6 Auth. Issuance of M For For
Non-Cumulative Pref. Shares
with Pre-emptive Rights up
to Aggregate Nominal Amount
of GBP 100,000, USD 100,000
and EUR 100,000; and Auth.
Issuance of Ord. Shares with
Pre-emptive Rights up to
Aggregate Nominal Amount of
USD 1,099,900,000
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 7 Authorize Issuance of M For For
Equity or Equity-Linked
Securities without
Pre-emptive Rights up to
Aggregate Nominal Amount of
USD 274,975,000
HSBC Holdings Plc United Kingdom 5/28/2004 Annual G4634U169 8 Approve Increase in M For For
Remuneration of
Non-Executive Directors from
GBP 35,000 to GBP 55,000 Per
Annum
Kao Corp. Japan 6/29/2004 Annual J30642169 1 Approve Allocation of M For For
Income, Including the
Following Dividends: Interim
JY 16, Final JY 16, Special
JY 0
Kao Corp. Japan 6/29/2004 Annual J30642169 2 Authorize Share Repurchase M For For
Program
Kao Corp. Japan 6/29/2004 Annual J30642169 3 Amend Articles to: M For For
Authorize Share Repurchases
at Board's Discretion
Kao Corp. Japan 6/29/2004 Annual J30642169 4.1 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.2 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.3 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.4 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.5 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.6 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.7 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.8 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.9 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.1 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.11 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.12 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.13 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.14 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 4.15 Elect Director M For For
Kao Corp. Japan 6/29/2004 Annual J30642169 5 Appoint Internal Statutory M For For
Auditor
Kao Corp. Japan 6/29/2004 Annual J30642169 6 Approve Executive Stock M For For
Option Plan
Kao Corp. Japan 6/29/2004 Annual J30642169 7 Approve Retirement Bonuses M For For
for Directors
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Nestle Sa Switzerland 4/22/2004 Annual H57312466 1a Accept Financial Statements M Not Voted For
and Statutory Reports
Nestle Sa Switzerland 4/22/2004 Annual H57312466 1b Accept Consolidated M Not Voted For
Financial Statements and
Statutory Reports
Nestle Sa Switzerland 4/22/2004 Annual H57312466 2 Approve Discharge of Board M Not Voted For
and Senior Management
Nestle Sa Switzerland 4/22/2004 Annual H57312466 3 Approve Allocation of M Not Voted For
Income and Dividends of CHF
7.20 per Share
Nestle Sa Switzerland 4/22/2004 Annual H57312466 4a Elect Edward George as M Not Voted For
Directors
Nestle Sa Switzerland 4/22/2004 Annual H57312466 4b Elect Kaspar Villiger as M Not Voted For
Directors
Nestle Sa Switzerland 4/22/2004 Annual H57312466 4c Elect Rolf Haenggi as M Not Voted For
Directors
Nestle Sa Switzerland 4/22/2004 Annual H57312466 4d Elect Daniel Borel as M Not Voted For
Directors
Nestle Sa Switzerland 4/22/2004 Annual H57312466 4e Elect Carolina Mueller as M Not Voted For
Directors
Nokia Corp. Finland 3/25/2004 Annual X61873133 1.1 Receive Financial M None None
Statements
Nokia Corp. Finland 3/25/2004 Annual X61873133 1.2 Receive Auditors' Report M None None
Nokia Corp. Finland 3/25/2004 Annual X61873133 1.3 Accept Financial Statements
and Statutory Reports M For For
Nokia Corp. Finland 3/25/2004 Annual X61873133 1.4 Approve Discharge of Board M For For
and President
Nokia Corp. Finland 3/25/2004 Annual X61873133 1.5 Fix Number of Directors at M For For
Eight (A Reduction from the
Current Nine Directors)
Nokia Corp. Finland 3/25/2004 Annual X61873133 1.6 Approve Remuneration of M For For
Directors and Auditors
Nokia Corp. Finland 3/25/2004 Annual X61873133 2 Approve Between EUR 5.7 M For For
Million and EUR 8.8 Million
Reduction in Share Capital
via Cancellation of Between
94.5 Million and 146 Million
Shares
Nokia Corp. Finland 3/25/2004 Annual X61873133 3 Approve Issuance of Shares, M For For
Stock Options, or
Convertible Bonds up to
Aggregate Nominal Value of
EUR 55.5 Million (Out of
Which EUR 3 Million for
Incentive Plans) without
Preemptive Rights
Nokia Corp. Finland 3/25/2004 Annual X61873133 4 Authorize Repurchase of Up M For For
to 230 Million Nokia Shares
Nokia Corp. Finland 3/25/2004 Annual X61873133 5 Authorize Reissuance of 230 M For For
Million Repurchased Shares
Nokia Corp. Finland 3/25/2004 Annual X61873133 6 Approve Allocation of EUR 5 M For For
Million to Company
Foundation to Support the
Scientific Development of
the Information and
Telecommunications
Technologies and to Promote
Education in the Sector
Nokia Corp. Finland 3/25/2004 Annual X61873133 7 Approve Dividends of EUR M For For
0.30 Per Share
Nokia Corp. Finland 3/25/2004 Annual X61873133 8 Reelect Paul Collins, Georg M For For
Ehrnrooth, Bengt Holmstroem,
Per Karlsson, Jorma Ollila,
Marjorie Scardino, Vesa
Vainio, and Arne Wessberg
Nokia Corp. Finland 3/25/2004 Annual X61873133 9 Reelect M For For
PricewaterhouseCoopers as
Auditors
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 1 Amend Articles to: M For For
Authorize Share Repurchases
at Board's Discretion
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 2 Approve Executive Stock M For For
Option Plan and
Deep-Discount Stock Option
Plan
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 3.1 Elect Director M For For
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 3.2 Elect Director M For For
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 3.3 Elect Director M For For
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 3.4 Elect Director M For For
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 3.5 Elect Director M For For
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 3.6 Elect Director M For For
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 3.7 Elect Director M For For
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 3.8 Elect Director M For For
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 3.9 Elect Director M For For
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 3.1 Elect Director M For For
Nomura Holdings Inc. Japan 6/25/2004 Annual J59009159 3.11 Elect Director M For For
Novartis AG Switzerland 2/24/2004 Annual H5820Q150 1 Accept Financial Statements M Not Voted For
and Statutory Reports
Novartis AG Switzerland 2/24/2004 Annual H5820Q150 2 Approve Discharge of the M Not Voted For
Board and Senior Management
Novartis AG Switzerland 2/24/2004 Annual H5820Q150 3 Approve Allocation of M Not Voted For
Income and Dividends of CHF
1.00 per Share
Novartis AG Switzerland 2/24/2004 Annual H5820Q150 4 Approve Transfer of CHF M Not Voted For
360.9 Million from General
Reserves to Free Reserves
Novartis AG Switzerland 2/24/2004 Annual H5820Q150 5 Approve CHF 12.1 Million M Not Voted For
Reduction in Share Capital
via Share Cancellation
Novartis AG Switzerland 2/24/2004 Annual H5820Q150 6 Authorize Repurchase of up M Not Voted For
to Ten Percent of Issued
Share Capital
Novartis AG Switzerland 2/24/2004 Annual H5820Q150 7 Amend Articles Re: Reduce M Not Voted For
Board Terms from Four to
Three Years
Novartis AG Switzerland 2/24/2004 Annual H5820Q150 8.1 Approve Resignation of M Not Voted For
Walter Frehner and Heini
Lippuner
Novartis AG Switzerland 2/24/2004 Annual H5820Q150 8.2 Elect Helmut Sihler, M Not Voted For
Hans-Joerg Rudloff and
Daniel Vasella as Directors
Novartis AG Switzerland 2/24/2004 Annual H5820Q150 9 Ratify M Not Voted For
PricewaterhouseCoopers AG as
Auditors
Richemont (Compagnie Switzerland 9/17/2003 Annual H25662141 1 Accept Financial Statements M Not Voted For
Financiere Richemont and Statutory Reports
Ag)
Richemont (Compagnie Switzerland 9/17/2003 Annual H25662141 2 Approve Allocation of M Not Voted For
Financiere Richemont income and Omission of
Ag) Dividends
Richemont (Compagnie Switzerland 9/17/2003 Annual H25662141 3 Approve Discharge of M Not Voted For
Financiere Richemont Management Board
Ag)
Richemont (Compagnie Switzerland 9/17/2003 Annual H25662141 4 Reelect Rupert, Aeschimann, M Not Voted For
Financiere Richemont Cologni, Du Plessis,
Ag) Deschuyteneer, Douro, Istel,
Kanoui, Quasha, Lord Renwick
of Clifton, and Verloop as
Directors; Elect Alan
Perrin, Simon Murray, and
Juergen Schrempp as New
Directors
Richemont (Compagnie Switzerland 9/17/2003 Annual H25662141 5 Reelect PwC as Auditors M Not Voted For
Financiere Richemont
Ag)
Royal Dutch Petroleum Netherlands 6/28/2004 Annual N76277172 1 Receive Report of M Not Voted None
Co. Management Board
Royal Dutch Petroleum Netherlands 6/28/2004 Annual N76277172 2.1 Approve Financial M Not Voted For
Co. Statements and Statutory
Reports
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Royal Dutch Petroleum Netherlands 6/28/2004 Annual N76277172 2.2 Approve Total Dividend of M Not Voted For
Co. EUR 1.76 Per Share
Royal Dutch Petroleum Netherlands 6/28/2004 Annual N76277172 2.3 Approve Discharge of M Not Voted For
Co. Management Board
Royal Dutch Petroleum Netherlands 6/28/2004 Annual N76277172 2.4 Approve Discharge of M Not Voted For
Co. Supervisory Board
Royal Dutch Petroleum Netherlands 6/28/2004 Annual N76277172 3 Elect L. Cook to Management M Not Voted For
Co. Board
Royal Dutch Petroleum Netherlands 6/28/2004 Annual N76277172 4 Elect C. Morin-Postel to M Not Voted For
Co. Supervisory Board
Royal Dutch Petroleum Netherlands 6/28/2004 Annual N76277172 5 Reelect van de Bergh to M Not Voted For
Co. Supervisory Board
Royal Dutch Petroleum Netherlands 6/28/2004 Annual N76277172 6 Approve Reduction in Share M Not Voted For
Co. Capital via Cancellation of
Repurchased Shares
Royal Dutch Petroleum Netherlands 6/28/2004 Annual N76277172 7 Authorize Repurchase of Up M Not Voted For
Co. to Ten Percent of Issued
Share Capital
SanPaolo Imi Spa Italy 11/25/2003 Special T8249V104 1 Fix Number of Directors on M Not Voted For
the Board; Elect Directors;
Determine Directors' Term
and Remuneration
SanPaolo Imi Spa Italy 11/25/2003 Special T8249V104 1 Approve Merger by A M Not Voted For
bsorption of Cardine
Finanziaria Spa
SanPaolo Imi Spa Italy 11/25/2003 Special T8249V104 2 Amend Articles of M Not Voted For
Association
SanPaolo Imi Spa Italy 4/28/2004 Annual T8249V104 1 Approve Financial
Statements, Consolidated M Not Voted For
Accounts, Statutory Reports,
and Allocation of Income
SanPaolo Imi Spa Italy 4/28/2004 Annual T8249V104 2 Fix Number of Directors on M Not Voted For
the Board; Elect Directors
for the Three-Year Term
2004-2006; Elect Chairman
of the Board; Determine
Directors' Remuneration
SanPaolo Imi Spa Italy 4/28/2004 Annual T8249V104 3 Elect External Auditors for M Not Voted For
the Three-Year Term 2004-
2006 and Fix Remuneration
of Auditors
SanPaolo Imi Spa Italy 4/28/2004 Annual T8249V104 4 Authorize Share Repurchase M Not Voted For
Program and Reissuance of
Repurchased Shares
SanPaolo Imi Spa Italy 4/28/2004 Annual T8249V104 5 Appoint One Alternate M Not Voted For
Internal Statutory Auditor
to Reintegrate Members of
the Board of Internal
Statutory Auditors
SanPaolo Imi Spa Italy 4/29/2004 Annual T8249V104 1 Approve Financial M Not Voted For
Statements, Consolidated
Accounts, Statutory Reports,
and Allocation of Income
SanPaolo Imi Spa Italy 4/29/2004 Annual T8249V104 2 Fix Number of Directors on M Not Voted For
the Board; Elect Directors
for the Three-Year Term
2004-2006; Elect Chairman
of the Board; Determine
Directors' Remuneration
SanPaolo Imi Spa Italy 4/29/2004 Annual T8249V104 3 Elect External Auditors for M Not Voted For
the Three-Year Term 2004-
2006 and Fix Remuneration
of Auditors
SanPaolo Imi Spa Italy 4/29/2004 Annual T8249V104 4 Authorize Share Repurchase M Not Voted For
Program and Reissuance of
Repurchased Shares
SanPaolo Imi Spa Italy 4/29/2004 Annual T8249V104 5 Appoint One Alternate
Internal Statutory Auditor M Not Voted For
to Reintegrate Members of
the Board of Internal
Statutory Auditors
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
SanPaolo Imi Spa Italy 6/29/2004 Special T8249V104 1 Amend Articles Partially M Not Voted For
To Reflect New Italian
Company Law Regulations
SanPaolo Imi Spa Italy 6/29/2004 Special T8249V104 2 Acquire Part of 'Fideuram M Not Voted For
Vita Compagnia di
Assicurazioni e
Riassicurazioni Spa' From
Its Spin-Off From 'Banca
Fideuram Spa'
SanPaolo Imi Spa Italy 6/30/2004 Special T8249V104 1 Amend Articles Partially To M Not Voted For
Reflect New Italian Company
Law Regulations
SanPaolo Imi Spa Italy 6/30/2004 Special T8249V104 2 Acquire Part of 'Fideuram M Not Voted For
Vita Compagnia di
Assicurazioni e
Riassicurazioni Spa' From
Its Spin-Off From 'Banca
Fideuram Spa'
Societe Generale France 4/29/2004 Annual/ F43638141 1 Approve Financial M Not Voted For
Special Statements and Statutory
Reports
Societe Generale France 4/29/2004 Annual/ F43638141 2 Approve Allocation of M Not Voted For
Special Income and Dividends of
EUR 3.75 per Share
Societe Generale France 4/29/2004 Annual/ F43638141 3 Accept Consolidated M Not Voted For
Special Financial Statements and
Statutory Reports
Societe Generale France 4/29/2004 Annual/ F43638141 4 Approve Special Auditors' M Not Voted For
Special Report Regarding Related-
Party Transactions
Societe Generale France 4/29/2004 Annual/ F43638141 5 Ratify Appointment of Jean M Not Voted For
Special Azema as Director
Societe Generale France 4/29/2004 Annual/ F43638141 6 Reelect Philippe Citerne as M Not Voted For
Special Director
Societe Generale France 4/29/2004 Annual/ F43638141 7 Reelect Antoine Jeancourt M Not Voted For
Special Galignani as Director
Societe Generale France 4/29/2004 Annual/ F43638141 8 Reelect Euan Baird as M Not Voted For
Special Director
Societe Generale France 4/29/2004 Annual/ F43638141 9 Reelect Michel Cicurel as M Not Voted For
Special Director
Societe Generale France 4/29/2004 Annual/ F43638141 10 Authorize Repurchase of Up M Not Voted For
Special to Ten Percent of Issued
Share Capital
Societe Generale France 4/29/2004 Annual/ F43638141 11 Amend Articles of M Not Voted For
Special Association to Reflect 2003
Legal Changes Re: Internal
Control Measures and Role
of Chairman
Societe Generale France 4/29/2004 Annual/ F43638141 12 Authorize Issuance of M Not Voted For
Special EUR 900 Million
Societe Generale France 4/29/2004 Annual/ F43638141 13 Authorize Issuance of M Not Voted For
Special Equity or Equity-Linked
Securities with Preemptive
Rights up to Aggregate
Nominal Amount of
EURO 300 Million
Societe Generale France 4/29/2004 Annual/ F43638141 14 Allow board to issue Shares M Not Voted For
Special in the Event of a Public
Tender Offer or Share
Exchange Offer, Subject to
Certain Conditions
Societe Generale France 4/29/2004 Annual/ F43638141 15 Approve Capital Increase M Not Voted For
Special Reserved for Employees
Participating in Savings-
Related Share Purchase Plan
Societe Generale France 4/29/2004 Annual/ F43638141 16 Approve Stock Option Plan M Not Voted For
Special Grants
Societe Generale France 4/29/2004 Annual/ F43638141 17 Approve Reduction in Share M Not Voted For
Special Capital via Cancellation of
Repurchased Shares
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Societe Generale France 4/29/2004 Annual/ F43638141 18 Authorize Filing of M Not Voted For
Special Required Documents/Other
Formalities
Societe Generale France 4/12/2004 Annual/ F43638141 1 Approve Financial M Not Voted For
Special Statements and Statutory
Reports
Societe Generale France 4/12/2004 Annual/ F43638141 2 Approve Allocation of M Not Voted For
Special Income and Dividends of
EUR 3.75 per Share
Societe Generale France 4/12/2004 Annual/ F43638141 3 Accept Consolidated M Not Voted For
Special Financial Statements and
Statutory Reports
Societe Generale France 4/12/2004 Annual/ F43638141 4 Approve Special Auditors' M Not Voted For
Special Report Regarding Related-
Party Transactions
Societe Generale France 4/12/2004 Annual/ F43638141 5 Ratify Appointment of Jean M Not Voted For
Special Azema as Director
Societe Generale France 4/12/2004 Annual/ F43638141 6 Reelect Philippe Citerne as M Not Voted For
Special Director
Societe Generale France 4/12/2004 Annual/ F43638141 7 Reelect Antoine Jeancourt M Not Voted For
Special Galignani as Director
Societe Generale France 4/12/2004 Annual/ F43638141 8 Reelect Euan Baird as M Not Voted For
Special Director
Societe Generale France 4/12/2004 Annual/ F43638141 9 Reelect Michel Cicurel as M Not Voted For
Special Director
Societe Generale France 4/12/2004 Annual/ F43638141 10 Authorize Repurchase of Up M Not Voted For
Special to Ten Percent of Issued
Share Capital
Societe Generale France 4/12/2004 Annual/ F43638141 11 Amend Articles of M Not Voted For
Special Association to Reflect 2003
Legal Changes Re: Internal
Control Measures and Role
of Chairman
Societe Generale France 4/12/2004 Annual/ F43638141 12 Authorize Issuance of M Not Voted For
Special Equity or Equity-Linked
Securities with Preemptive
Rights up to Aggregate
Nominal Amount of EUR 900
Million
Societe Generale France 4/12/2004 Annual/ F43638141 13 Authorize Issuance of M Not Voted For
Special Equity or Equity-Linked
Securities without
Preemptive Rights up to
Aggregate Nominal Amount of
EUR 300 Million
Societe Generale France 4/12/2004 Annual/ F43638141 14 Allow Board to Issue Shares M Not Voted For
Special in the Event of a Public
Tender Offer or Share
Exchange Offer, Subject to
Certain Conditions
Societe Generale France 4/12/2004 Annual/ F43638141 15 Approve Capital Increase M Not Voted For
Special Reserved for Employees
Participating in Savings-
Related Share Purchase Plan
Societe Generale France 4/12/2004 Annual/ F43638141 16 Approve Stock Option Plan M Not Voted For
Special Grants
Societe Generale France 4/12/2004 Annual/ F43638141 17 Approve Reduction in Share M Not Voted For
Special Capital via Cancellation of
Repurchased Shares
Societe Generale France 4/12/2004 Annual/ F43638141 18 Authorize Filing of M Not Voted For
Special Required Documents/Other
Formalities
Swiss Reinsurance Switzerland 5/14/2004 Annual H84046137 1 Accept Financial Statements M Not Voted For
(Schweizerische and Statutory Reports
Rueckversicherungs)
Swiss Reinsurance Switzerland 5/14/2004 Annual H84046137 2 Approve Discharge of Board M Not Voted For
(Schweizerische and Senior Management
Rueckversicherungs)
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Swiss Reinsurance Switzerland 5/14/2004 Annual H84046137 3 Approve Allocation of M Not Voted For
(Schweizerische Income and Dividends of CHF
Rueckversicherungs) 1.10 per Share
Swiss Reinsurance Switzerland 5/14/2004 Annual H84046137 4 Approve Creation of CHF 2 M Not Voted For
(Schweizerische Million Pool of Conditional
Rueckversicherungs) Capital without Preemptive
Rights
Swiss Reinsurance Switzerland 5/14/2004 Annual H84046137 5.1a Reelect George Farr and M Not Voted For
(Schweizerische Rajna Gibson as Directors
Rueckversicherungs)
Swiss Reinsurance Switzerland 5/14/2004 Annual H84046137 5.1b Elect Kaspar Villiger as M Not Voted For
(Schweizerische Director
Rueckversicherungs)
Swiss Reinsurance Switzerland 5/14/2004 Annual H84046137 5.2 Reelect Pricewaterhouse M Not Voted For
(Schweizerische Coopers Ltd as Auditors
Rueckversicherungs)
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 1 Accept Financial Statements M For For
and Statutory Reports
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 2 Approve Remuneration Report M For For
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 3 Approve Final Dividend of M For For
4.77 Pence Per Ordinary
Share
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 4 Amend Articles of M For For
Association Re: Director's
Retirement Age
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 5 Re-elect Charles Allen as M For For
Director
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 6 Re-elect Philip Clarke as M For For
Director
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 7 Re-elect Harald Einsmann as M For For
Director
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 8 Re-elect Veronique Morali M For For
as Director
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 9 Re-elect Graham Pimlott as M For For
Director
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 10 Elect Richard Brasher as M For For
Director
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 11 Elect Ken Hydon as Director M For For
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 12 Elect Mervyn Davies as M For For
Director
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 13 Elect David Reid as M For For
Director
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 14 Re-appoint Pricewaterhouse M For For
Coopers LLP as Auditors and
Authorize Board to Fix
Remuneration of Auditors
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 15 Approve Increase in M For For
Authorized Share Capital
from GBP 481,600,000 to
GBP 530,000,000
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 16 Approve Scrip Dividend M For For
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 17 Authorize Issuance of M For For
Equity or Equity-Linked
Securities with Pre-emptive
Rights up to Aggregate
Nominal Amount of GBP 128.07
Million
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 18 Authorize Issuance of M For For
Equity or Equity-Linked
Securities without Pre-
emptive Rights up to
Aggregate Nominal Amount of
GBP 19.21 Million
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 19 Authorize 768.44 Million M For For
Ordinary Shares for Market
Purchase
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 20 Authorize Tesco Stores CR M For For
a.s. to Make EU Political
Donations up to GBP 25,000
and Incur EU Political
Expenditure up to GBP 25,000
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 21 Authorize Tesco Stores SR M For For
a.s. to Make EU Political
Donations up to GBP 25,000
and Incur EU Political
Expenditure up to GBP
25,000
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 22 Authorize Tesco Global Rt M For For
to Make EU Political
Donations up to GBP 25,000
and Incur EU Political
Expenditure up to GBP
25,000
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 23 Authorize Tesco Polska Sp M For For
z.o.o. to Make EU Political
Donations up to GBP 25,000
and Incur EU Political
Expenditure up to GBP
25,000
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 24 Approve the Tesco PLC M For For
Performance Share Plan 2004
Tesco Plc United Kingdom 6/18/2004 Annual G87621101 25 Approve the Tesco PLC 2004 M For For
Discretionary Share Option
Plan
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 1 Approve Financial M Not Voted For
Total Fina Elf S.A ) Special Statements and Statutory
Reports
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 2 Accept Consolidated M Not Voted For
Total Fina Elf S.A ) Special Financial Statements and
Statutory Reports
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 3 Approve Allocation of M Not Voted For
Total Fina Elf S.A ) Special Income and Net Dividends
of EUR 4.70 per Share
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 4 Approve Special Auditors' M Not Voted For
Total Fina Elf S.A ) Special Report Regarding Related-
Party Transactions
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 5 Authorize Repurchase of Up M Not Voted For
Total Fina Elf S.A ) Special to Ten Percent of Issued
Share Capital and Reissuance
of Repurchased Shares
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 6 Authorize Issuance of Bonds M Not Voted For
Total Fina Elf S.A ) Special /Debentures
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 7 Reelect Thierry Desmarest M Not Voted For
Total Fina Elf S.A ) Special as Director
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 8 Reelect Thierry de Rudder M Not Voted For
Total Fina Elf S.A ) Special as Director
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 9 Reelect Serge Tchuruk as M Not Voted For
Total Fina Elf S.A ) Special Director
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 10 Elect Daniel Boeuf as M Not Voted For
Total Fina Elf S.A ) Special Representative of Employee
Shareholders to the Board
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 11 Elect Philippe Marchandise M Not Voted Against
Total Fina Elf S.A ) Special as Representative of
Employee Shareholders to
the Board
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 12 Elect Cyril Mouche as M Not Voted Against
Total Fina Elf S.A ) Special Representative of Employee
Shareholders to the Board
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 13 Elect Alan Cramer as M Not Voted Against
Total Fina Elf S.A ) Special Representative of Employee
Shareholders to the Board
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 14 Ratify Ernst & Young Audit M Not Voted For
Total Fina Elf S.A ) Special as Auditors
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 15 Ratify KPMG Audit as M Not Voted For
Total Fina Elf S.A ) Special Auditors
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 16 Ratify Pierre Jouanne as M Not Voted For
Total Fina Elf S.A ) Special Alternate Auditor
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 17 Ratify Jean-Luc Decornoy as M Not Voted For
Total Fina Elf S.A ) Special Alternate Auditor
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 18 Approve Remuneration of M Not Voted For
Total Fina Elf S.A ) Special Directors in the Aggregate
Amount of EUR 900,000
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 19 Approve Stock Option Plan M Not Voted For
Total Fina Elf S.A ) Special Grants
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 20 Authorize Issuance of M Not Voted For
Total Fina Elf S.A ) Special Equity or Equity-Linked
Securities with Preemptive
Rights up to Aggregate
Nominal Amount of
EUR 4 Billion
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 21 Authorize Issuance of M Not Voted For
Total Fina Elf S.A ) Special Equity or Equity-Linked
Securities without
Preemptive Rights up to
Aggregate Nominal Amount of
EUR 2 Billion
Total S.A. (Formerly France 5/14/2004 Annual/ F92124100 22 Approve Capital Increase M Not Voted For
Total Fina Elf S.A ) Special Reserved for Employees
Participating in Savings-
Related Share Purchase Plan
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 1 Approve Financial M Not Voted For
Total Fina Elf S.A ) Special Statements and Statutory
Reports
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 2 Accept Consolidated M Not Voted For
Total Fina Elf S.A ) Special Financial Statements and
Statutory Reports
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 3 Approve Allocation of M Not Voted For
Total Fina Elf S.A ) Special Income and Net Dividends of
EUR 4.70 per Share
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 4 Approve Special Auditors' M Not Voted For
Total Fina Elf S.A ) Special Report Regarding Related-
Party Transactions
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 5 Authorize Repurchase of Up M Not Voted For
Total Fina Elf S.A ) Special to Ten Percent of Issued
Share Capital and Reissuance
of Repurchased Shares
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 6 Authorize Issuance of Bonds/M Not Voted For
Total Fina Elf S.A ) Special Debentures
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 7 Reelect Thierry Desmarest M Not Voted For
Total Fina Elf S.A ) Special as Director
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 8 Reelect Thierry de Rudder M Not Voted For
Total Fina Elf S.A ) Special as Director
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 9 Reelect Serge Tchuruk as M Not Voted For
Total Fina Elf S.A ) Special Director
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 10 Elect Daniel Boeuf as M Not Voted For
Total Fina Elf S.A ) Special Representative of Employee
Shareholders to the Board
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 11 Elect Philippe Marchandise M Not Voted Against
Total Fina Elf S.A ) Special as Representative of
Employee Shareholders to
the Board
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 12 Elect Cyril Mouche as M Not Voted Against
Total Fina Elf S.A ) Special Representative of Employee
Shareholders to the Board
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 13 Elect Alan Cramer as M Not Voted Against
Total Fina Elf S.A ) Special Representative of Employee
Shareholders to the Board
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 14 Ratify Ernst & Young Audit M Not Voted For
Total Fina Elf S.A ) Special as Auditors
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 15 Ratify KPMG Audit as M Not Voted For
Total Fina Elf S.A ) Special Auditors
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 16 Ratify Pierre Jouanne as M Not Voted For
Total Fina Elf S.A ) Special Alternate Auditor
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 17 Ratify Jean-Luc Decornoy as M Not Voted For
Total Fina Elf S.A ) Special Alternate Auditor
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 18 Approve Remuneration of M Not Voted For
Total Fina Elf S.A ) Special Directors in the Aggregate
Amount of EUR 900,000
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 19 Approve Stock Option Plan M Not Voted For
Total Fina Elf S.A ) Special Grants
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 20 Authorize Issuance of M Not Voted For
Total Fina Elf S.A ) Special Equity or Equity-Linked
Securities with Preemptive
Rights up to Aggregate
Nominal Amount of EUR 4
Billion
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 21 Authorize Issuance of M Not Voted For
Total Fina Elf S.A ) Special Equity or Equity-Linked
Securities without
Preemptive Rights up to
Aggregate Nominal Amount of
EUR 2 Billion
Total S.A. (Formerly France 4/28/2004 Annual/ F92124100 22 Approve Capital Increase M Not Voted For
Total Fina Elf S.A ) Special Reserved for Employees
Participating in
Savings-Related Share
Purchase Plan
Ubs Ag Switzerland 4/15/2004 Annual H8920M855 1 Accept Financial Statements M Not Voted For
and Statutory Reports
Ubs Ag Switzerland 4/15/2004 Annual H8920M855 2 Approve Allocation of M Not Voted For
Income and Dividends of CHF
2.60 per Share
Ubs Ag Switzerland 4/15/2004 Annual H8920M855 3 Approve Discharge of Board M Not Voted For
and Senior Management
Ubs Ag Switzerland 4/15/2004 Annual H8920M855 4.1 Reelect Peter Davis as M Not Voted For
Director
Ubs Ag Switzerland 4/15/2004 Annual H8920M855 4.2.1 Elect Stephan Haeringer as M Not Voted For
Director
Ubs Ag Switzerland 4/15/2004 Annual H8920M855 4.2.2 Elect Helmut Panke as M Not Voted For
Director
Ubs Ag Switzerland 4/15/2004 Annual H8920M855 4.2.3 Elect Peter Spuhler as M Not Voted For
Director
Ubs Ag Switzerland 4/15/2004 Annual H8920M855 4.3 Ratify Ernst and Young as M Not Voted For
Auditors
Ubs Ag Switzerland 4/15/2004 Annual H8920M855 5.1 Approve CHF 47.6 Million M Not Voted For
Reduction in Share Capital
via Cancellation of Shares
Ubs Ag Switzerland 4/15/2004 Annual H8920M855 5.2 Authorize Repurchase of M Not Voted For
Issued Share Capital
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 1 Accept Financial Statements M For For
and Statutory Reports
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 2 Approve Remuneration Report M For For
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 3 Approve Final Dividend of M For For
11.92 Pence Per Ordinary
Share
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 4 Re-elect Niall Fitzgerald M For For
as Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 5 Re-elect Antony Burgmans as M For For
Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 6 Re-elect Clive Butler as M For For
Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 7 Re-elect Patrick Cescau as M For For
Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 8 Re-elect Keki Dadiseth as M For For
Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 9 Re-elect Andre baron van M For For
Heemstra as Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 10 Re-elect Rudy Markham as M For For
Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 11 Elect Kees van der Graaf as M For For
Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 12 Re-elect Lord Brittan of M For For
Spennithorne as Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 13 Re-elect Baroness Chalker M For For
of Wallasey as Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 14 Re-elect Bertrand Collomb M For For
as Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 15 Re-elect Wim Dik as M For For
Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 16 Re-elect Oscar Fanjul as M For For
Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 17 Re-elect Claudio Gonzalez M For For
as Director
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF LAZARD INTERNATIONAL VALUE FUND
Company Country Mtg Mtg Ballot Item Vote Mgmt
Date Type Security Issues Description Prpnent Cast Rec
- ------------------------------------------------------------------------------------------------------------------------------------
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 18 Re-elect Hilmar Kopper as M For For
Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 19 Re-elect The Lord Simon of M For For
Highbury as Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 20 Re-elect Jeroen van der M For For
Veer as Director
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 21 Re-appoint M For For
PricewaterhouseCoopers LLP
as Auditors of the Company
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 22 Authorize Board to Fix M For For
Remuneration of the Auditors
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 23 Authorize Issuance of M For For
Equity or Equity-Linked
Securities with Pre-emptive
Rights up to Aggregate
Nominal Amount of GBP
13,450,000
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 24 Authorize Issuance of M For For
Equity or Equity-Linked
Securities without
Pre-emptive Rights up to
Aggregate Nominal Amount of
GBP 2 Million
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 25 Authorize 290 Million M For For
Ordinary Shares for Market
Purchase
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 26 Amend Articles of M For For
Association Re: New
Corporate Governance
Arrangements
Unilever Plc United Kingdom 5/12/2004 Annual G92087124 27 Amend Articles of
Association Re: Treasury M For For
Shares
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 1 Accept Financial Statements
and Statutory Reports M For For
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 2 Approve Remuneration Report M For For
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 3 Reelect Lord MacLaurin of M For For
Knebworth as Director
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 4 Reelect Kenneth Hydon as M For For
Director
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 5 Reelect Thomas Geitner as M For For
Director
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 6 Reelect Alec Broers as M For For
Director
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 7 Reelect Juergen Schrempp as M For For
Director
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 8 Elect John Buchanan as M For For
Director
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 9 Approve Final Dividend of M For For
0.8983 Pence Per Share
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 10 Ratify Deloitte and Touche M For For
as Auditors
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 11 Authorize Board to Fix M For For
Remuneration of Auditors
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 12 Authorize EU Political M For For
Donations up to GBP 100,000
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 13 Authorize Issuance of M For For
Equity or Equity-Linked
Securities with Preemptive
Rights up to Aggregate
Nominal Amount of
USD 900,000,000
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 14 Authorize Issuance of M For For
Equity or Equity-Linked
Securities without
Preemptive Rights up to
Aggregate Nominal Amount of
USD 340,000,000
Vodafone Group PLC United Kingdom 7/30/2003 Annual G93882101 15 Authorize 6,800,000,000 M For For
Shares for Share Repurchase
Program
Mgmt Rec - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
07/04/03 - S KINGFISHER PLC G5256E359 None 12,380
1 Approve Demerger of Kingfisher Plc's For For Mgmt
Electrical Business to Kesa Electricals Plc
By Way of Dividend in Specie
2 Approve Capital Reorganization For For Mgmt
3 Approve Kesa Group Sharesave Scheme and For For Mgmt
Kesa Group International Sharesave Plan and
Authorize Directors to Modify and Establish
Such Plans
4 Approve Kesa Group Demerger Award Plan and For For Mgmt
Authorize Directors to Modify and Establish
Such Plans
5 Approve Kesa Group Incentive Compensation For For Mgmt
Plan and Authorize Directors to Modify and
Establish Such Plans
6 Approve Kesa Group Employee Benefit Trust For For Mgmt
and Authorize Directors to Modify and
Establish Such Plans
07/09/03 - A BANK OF IRELAND GROUP G49374146 None 3,100
1 Receive and Consider Financial Statements For For Mgmt
and Statutory Reports
2 Confirm and Declare a Final Dividend For For Mgmt
3a Reelect Roy Bailie as a Director For For Mgmt
3b Reelect Laurence Crowley as a Director For For Mgmt
3c Reelect Donal Geaney as a Director For For Mgmt
3d Reelect Denis O'Brien as a Director For For Mgmt
3e Reelect John O'Donovan as a Director For For Mgmt
4 Authorize Board to Fix Remuneration of the For For Mgmt
Auditors
5 Authorize Repurchase 98,493,220 Ordinary For For Mgmt
Shares; 1,876,090 Sterling Preference
Shares; and 3,026,598 Euro Preference Shares
6 Authorize Reissuance of Repurchased Shares For For Mgmt
7 Authorize Board to Allot Up to EUR 31.84 For For Mgmt
million in Equity Securities for Cash
without Preemptive Rights
8 Authorize Board to Allot Equity Securities For For Mgmt
Representing 15 Percent of the Issued Share
Capital, without Preemptive Rights, For
Purposes Other Than Cash
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 1
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
07/18/03 - A DELL INC. *DELL* 247025109 05/23/03 740
1 Elect Directors For For Mgmt
2 Declassify the Board of Directors For For Mgmt
3 Change Company Name For For Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
07/22/03 - S HUANENG POWER INTERNATIONAL INC. Y3744A105 07/02/03 38,000
1 Approve Transfer Agreement Entered into by For For Mgmt
Huaneng Power International Inc and China
Huaneng Group
2.1 Approve Guarantee Agreements Entered into For For Mgmt
by China Huaneng Group and its Subsidiaries
2.2 Approve Loan Borrowing Agreement Entered For For Mgmt
into by China Huaneng Group and Shanxi
Huaneng Yushe Power Limited Liability
Company
2.3 Approve Deposit and Borrowing Agreements For For Mgmt
Entered Among Henan Huaneng Qinbei Power
Generation Ltd, Shanxi Huaneng Yushe Power
Ltd, China Huaneng Group Xindian Power
Plant, and China Huaneng Finance Co
07/23/03 - A TENET HEALTHCARE CORP. *THC* 88033G100 06/02/03 100
1 Elect Directors For For Mgmt
2 Declassify the Board of Directors For For Mgmt
3 Ratify Auditors For For Mgmt
SHAREHOLDER PROPOSAL
4 Require Majority of Independent Directors Against Against ShrHoldr
on Board
07/24/03 - A BANK LEUMI LE-ISRAEL M16043107 07/14/03 4,360
1 Receive and Discuss Financial Statements For For Mgmt
and Statutory Reports for the Year Ending
December 31, 2002 (Voting)
2 Refrain from Distrubution of Final Dividend For For Mgmt
3 Elect Meir Dayan as External Director For For Mgmt
4a Re-elect Barouch Bahat as Director For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 2
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
4b Re-elect Renana Gutman as Director For For Mgmt
4c Re-elect Rena Shashua-Hasson as Director For For Mgmt
5a Elect Yaakov Goldman as Director For For Mgmt
5b Elect Nurit Segal as Director For For Mgmt
6 Approve Remuneration of Directors and For For Mgmt
External Directors in the Amount of NIS
1,785 ($417) Per Meeting and NIS 46,536
($10,872) Per Year
7 Approve Luboshitz Kasierer and Somekh For For Mgmt
Chaikin as Auditors and Authorize Board to
Fix Their Remuneration
8 Approve Resolutions Concerning Approval of For Against Mgmt
Holding Positions and Disclosures by
Officers, According to Text Presented to
the General Meeting
07/30/03 - A VODAFONE GROUP PLC 92857W100 None 893
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Reelect Lord MacLaurin of Knebworth as For For Mgmt
Director
4 Reelect Kenneth Hydon as Director For For Mgmt
5 Reelect Thomas Geitner as Director For For Mgmt
6 Reelect Alec Broers as Director For For Mgmt
7 Reelect Juergen Schrempp as Director For For Mgmt
8 Elect John Buchanan as Director For For Mgmt
9 Approve Final Dividend of 0.8983 Pence Per For For Mgmt
Share
10 Ratify Deloitte and Touche as Auditors For For Mgmt
11 Authorize Board to Fix Remuneration of For For Mgmt
Auditors
12 Authorize EU Political Donations up to GBP For For Mgmt
100,000
13 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
USD 900,000,000
14 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
USD 340,000,000
15 Authorize 6,800,000,000 Shares for Share For For Mgmt
Repurchase Program
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 3
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
07/30/03 - A VODAFONE GROUP PLC G93882101 None 27,330
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Reelect Lord MacLaurin of Knebworth as For For Mgmt
Director
4 Reelect Kenneth Hydon as Director For For Mgmt
5 Reelect Thomas Geitner as Director For For Mgmt
6 Reelect Alec Broers as Director For For Mgmt
7 Reelect Juergen Schrempp as Director For For Mgmt
8 Elect John Buchanan as Director For For Mgmt
9 Approve Final Dividend of 0.8983 Pence Per For For Mgmt
Share
10 Ratify Deloitte and Touche as Auditors For For Mgmt
11 Authorize Board to Fix Remuneration of For For Mgmt
Auditors
12 Authorize EU Political Donations up to GBP For For Mgmt
100,000
13 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
USD 900,000,000
14 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
USD 340,000,000
15 Authorize 6,800,000,000 Shares for Share For For Mgmt
Repurchase Program
07/31/03 - S KOREA ELECTRIC POWER CORP Y48406105 06/30/03 590
1 Elect Directors For For Mgmt
2 Amend Articles of Incorporation Re: For For Mgmt
Preemptive Rights
08/13/03 - S AUSTRALIA & NZ BANKING GROUP LTD. Q09504137 None 2,704
(FORMERLY AUSTRALIA & NEW
1 Confirm Member Approval to the Buy-Back For For Mgmt
Agreement Relating to the Redeemable
Preference Shares Issued by the Company in
1998
2 Amend Constitution For For Mgmt
3 Approve Issuance of 12.5 Million Reset For For Mgmt
Convertible Preference Shares
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 4
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
08/15/03 - A MICROCHIP TECHNOLOGY, INC. *MCHP* 595017104 06/20/03 200
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
08/20/03 - S CHINA TRUST FINANCIAL HOLDINGS COMPANY Y15093100 07/21/03 15,000
LTD.
1.1 Receive Report on Issuance of 2003 None None Mgmt
Corporate Bonds
2.1 Approve Equity Swap to Acquire Grand For For Mgmt
Commercial Bank
2.2 Amend Articles of Association For For Mgmt
3.1 Other Business None None Mgmt
08/22/03 - A ABSA GROUP LTD (FORMERLY AMALGAMATED S0269H108 None 1,950
BANKS OF SOUTH AFRICA)
ORDINARY BUSINESS
1 Accept Company and Group Financial For For Mgmt
Statements and Statutory Reports
2 Approve Current Remuneration of Directors For For Mgmt
3 Approve Proposed Remuneration of Directors For For Mgmt
4 Approve Simultaneous Re-Appointment of For For Mgmt
Retiring Directors
5 Elect Directors For For Mgmt
6 Elect Directors For For Mgmt
7 Approve Increase in Authorized Capital to For For Mgmt
ZAR 1.6 Billion
8 Place Authorized But Unissued Shares under For For Mgmt
Control of Directors Pursuant to Absa Share
Incentive Scheme
9 Place Authorized But Unissued Shares under For For Mgmt
Control of Directors
10 Approve Issuance of Shares without For For Mgmt
Preemptive Rights up to a Maximum of 15
Percent of Issued Capital
11 Authorize Repurchase of Up to 20 Percent of For For Mgmt
Issued Share Capital
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 5
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
08/22/03 - S ABSA GROUP LTD (FORMERLY AMALGAMATED S0269H108 None 1,950
BANKS OF SOUTH AFRICA)
1 Amend Articles Re: Odd Lot Offers For For Mgmt
2 Authorize Repurchase of Shares Pursuant to For For Mgmt
Odd-Lot Offer
3 Approve Odd-Lot Offer For For Mgmt
4 Approve Issuance of Shares with Preemptive For For Mgmt
Rights Pursuant to Odd-Lot Offer
5 Authorize Board to Ratify and Execute For For Mgmt
Approved Resolutions
08/28/03 - A MEDTRONIC, INC. *MDT* 585055106 07/03/03 380
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For Against Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
08/29/03 - A SINGAPORE TELECOMMUNICATIONS LTD. Y79985126 None 65,000
1 Adopt Financial Statements and Directors' For For Mgmt
and Auditors' Reports
2 Declare Final Dividend of SGD 0.055 Per For For Mgmt
Share
3 Reelect Lee Hsien Yang as Director For For Mgmt
4 Reelect Quek Poh Huat as Director For For Mgmt
5 Reelect Heng Swee Keat as Director For For Mgmt
6 Reelect Simon Israel as Director For For Mgmt
7 Reelect Tommy Koh as Director For For Mgmt
8 Approve Directors' Fees of SGD 675,375 and For For Mgmt
SGD 855,375 for the Year Ended Mar. 31, 2003
9 Appoint Auditors and Authorize Board to Fix For For Mgmt
Their Remuneration
10 Approve Issuance of Shares and Grant of For For Mgmt
Options Pursuant to the Share Option Scheme
1999
08/29/03 - S SINGAPORE TELECOMMUNICATIONS LTD. Y79985126 None 65,000
1 Approve Performance Share Plan For For Mgmt
2 Approve Performance Share Plan for Purposes For For Mgmt
of Exception to the Listing
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 6
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Rule of the Australian Stock Exchange
3 Approve Issuance of Shares and Grant of For For Mgmt
Options Pursuant to the Performance Share
Plan
4 Authorize Share Repurchase Program For For Mgmt
5 Amend Articles of Association For For Mgmt
6 Approve Issuance of Shares without For For Mgmt
Preemptive Rights
09/16/03 - S KOREA EXCHANGE BANK Y48585106 08/13/03 1,540
1 Approve Issuance of New Shares Below Par For For Mgmt
Value and Setting of Minimum Issue Price
for Such Shares
2 Amend Articles of Incorporation For For Mgmt
3 Elect Directors For For Mgmt
4 Elect Members of Audit Committee For For Mgmt
5 Approve Stock Option Grants For For Mgmt
09/29/03 - A FEDEX CORPORATION *FDX* 31428X106 08/04/03 200
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
SHAREHOLDER PROPOSAL
4 Declassify the Board of Directors Against For ShrHoldr
09/29/03 - A MTN GROUP LTD.(FORMERLY M-CELL) S8039R108 None 3,320
ORDINARY BUSINESS
1 Accept Company and Group Financial For For Mgmt
Statements and Statutory Reports for Year
Ended Mar. 31, 2003
2 Approve Simultaneous Re-Appointment of For For Mgmt
Retiring Directors
3 Elect Directors For For Mgmt
4 Elect Directors For For Mgmt
5 Authorize Repurchase of Up to 20 Percent of For For Mgmt
Issued Share Capital
6 Place Authorized But Unissued Shares under For For Mgmt
Control of Directors
7 Waive Preemptive Rights for Share Issuances For For Mgmt
8 Approve Remuneration of Directors for Year For For Mgmt
Ending Mar. 31, 2004
9 Approve Extension of Three Year Service For Against Mgmt
Contract of P.F. Nhleko to Five
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 7
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Years
10 Amend Share Incentive Scheme Re: Pricing of For For Mgmt
Options, Payment of Purchase Price, and
Exercise of Options
11 Authorize Board to Ratify and Execute For For Mgmt
Approved Resolutions
09/29/03 - S PT BANK MANDIRI (PERSERO) TBK Y7123S108 09/11/03 21,000
1 Amend Articles of Association For Against Mgmt
2 Approve Ernst & Young as Auditors and For For Mgmt
Authorize Board to Fix Their Remuneration
3 Authorize Commissioners to Determine Limit For Against Mgmt
of the Uncollectable Principal Credit
Written Off Accounts
4 Elect Directors and Commissioners For For Mgmt
5 Other Business For For Mgmt
10/06/03 - S BOSTON SCIENTIFIC CORP. *BSX* 101137107 08/27/03 100
1 Increase Authorized Common Stock For For Mgmt
10/06/03 - S FRANCE TELECOM SA F4113C103 None 2,510
ORDINARY BUSINESS
1 Amend Terms of Share Repurchase Plan For ** Mgmt
Submitted to Shareholder Vote at May 27,
2003, AGM/EGM
SPECIAL BUSINESS
2 Authorize Board to Issue Up to 100 Million For ** Mgmt
Shares to Participants of Orange's Stock
Option Plan, Share Purchase Plan, Orange
Senior Discretionary Share Plan and
Restricted Share Plan, As Well As
Signatories of France Telecom Liquidity
Agreement
3 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
4 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 8
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
10/07/03 - S APASCO S.A. DE C.V. P04102151 None 890
1 Amend Articles For Against Mgmt
2 Designate Inspector or Shareholder For For Mgmt
Representative(s) of Minutes of Meeting
10/13/03 - A ORACLE CORP. *ORCL* 68389X105 08/21/03 3,070
1 Elect Directors For For Mgmt
2 Approve Executive Incentive Bonus Plan For For Mgmt
3 Ratify Auditors For For Mgmt
4 Amend Non-Employee Director Omnibus Stock For Against Mgmt
Plan
SHAREHOLDER PROPOSAL
5 Implement China Principles Against Against ShrHoldr
10/14/03 - A THE PROCTER & GAMBLE COMPANY *PG* 742718109 08/01/03 200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Non-Employee Director Omnibus Stock For For Mgmt
Plan
SHAREHOLDER PROPOSALS
4 Declassify the Board of Directors Against For ShrHoldr
5 Label Genetically Engineered Foods Against Against ShrHoldr
10/15/03 - A NEWS CORPORATION LTD. Q67027112 10/13/03 4,272
1 Elect Lachlan Murdoch as Director For For Mgmt
2 Elect Thomas Perkins as Director For For Mgmt
3 Elect Stanley Shuman as Director For For Mgmt
4 Elect Arthur Siskind as Director For For Mgmt
5 Approve Stock Option Plan Grants to For For Mgmt
Executive Directors
6 Approve Remuneration of Directors in the For For Mgmt
Amount of Up to AUD 1.85 Million
10/16/03 - A APPLERA CORP *ABI* 038020103 08/27/03 200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 9
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
10/17/03 - S KIA MOTORS Y47601102 09/19/03 740
1 Elect Director For For Mgmt
10/21/03 - A IOI CORPORATION BERHAD Y41763106 None 3,400
1 Accept Financial Statements and Statutory For For Mgmt
Reports for the Financial Year Ended June
30, 2003
2 Elect Hj Mohd Khalil b Dato' Hj Mohd Noor For For Mgmt
as Director
3 Elect Lee Cheng Leang as Director For For Mgmt
4 Elect Chan Fong Ann as Director For For Mgmt
5 Approve Remuneration of Directors For For Mgmt
6 Approve BDO Binder as Auditors and For For Mgmt
Authorize Board to Fix Their Remuneration
7 Approve Issuance of Shares Pursuant to For Against Mgmt
Executive Share Option Scheme
8 Approve Issuance of Equity or Equity-Linked For For Mgmt
Securities without Preemptive Rights in Any
Amount Up to Ten Percent of Issued Share
Capital
9 Authorize Repurchase of Up to Ten Percent For For Mgmt
of Issued Share Capital
10 Approve Implementation of Shareholders' For For Mgmt
Mandate for Recurrent Related Party
Transactions
10/22/03 - A DIAGEO PLC (FORMERLY GUINNESS PLC) G42089113 None 3,860
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Approve Final Dividend of 15.7 Pence Per For For Mgmt
Share
4 Reelect Lord Blyth as Director For For Mgmt
5 Reelect Keith Oates as Director For For Mgmt
6 Reelect Paul Walsh as Director For For Mgmt
7 Approve KPMG Audit Plc as Auditors and For For Mgmt
Authorize Board to Fix Their Remuneration
8 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
GBP 44,833,003
9 Authorize 309,885,718 Shares for Share For For Mgmt
Repurchase Program
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 10
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
10/22/03 - A IMPALA PLATINUM HOLDINGS LTD. S37840105 None 530
ORDINARY BUSINESS
1 Accept Financial Statements and Statutory For For Mgmt
Reports for Year Ended June 30, 2003
2 Confirm Appointment of T.V. Mokgatlha and For For Mgmt
L.J. Paton as Directors
3 Reelect M.V. Mennell, D.H. Brown, K.C. For For Mgmt
Rumble, and D.M. O'Connor as Directors
4 Approve Remuneration of Directors For For Mgmt
5 Place Authorized But Unissued Shares under For For Mgmt
Control of Directors
6 Approve Issuance of Shares without For For Mgmt
Preemptive Rights up to a Maximum of 15
Percent of Issued Capital
7 Approve Amendments to Deed of Implats Share For For Mgmt
Incentive Trust Re: Deed of Agreements
Entered into Between Impala Platinum Ltd.
and Implats Share Incentive Trust
8 Amend Articles of Association Re: Board For Against Mgmt
Size and Board Decisions
9 Authorize Repurchase of Up to 20 Percent of For For Mgmt
Issued Share Capital
10/23/03 - S IOI CORPORATION BERHAD Y41763106 None 3,400
1 Approve Acquisition of the Equity of B A For For Mgmt
Plantations Sdn Bhd for a Purchase
Consideration of MYR99.82 Million to be
Satisfied by MYR29.95 Million Cash and
13.44 Million New Ordinary Shares of
MYR0.50 Each
2 Approve Acquisition of the Entire Equity of For For Mgmt
Mayvin (Sabah) Sdn Bhd for a Purchase
Consideration of MYR102.21 Million to be
Satisfied by MYR30.66 Million Cash and
13.76 Million New Ordinary Shares of
MYR0.50 Each
3 Approve Acquisition of the Entire Equity of For For Mgmt
Pine Capital Sdn Bhd and Settlement of
Shareholders' Advances of MYR6 Million for
a Total of MYR122.51 Million to be
Satisfied by MYR36.75 Million Cash and
16.49
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 11
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Million New IOI Shares at MYR5.20 Per Share
4 Approve Acquisition of the Entire Equity of For For Mgmt
Right Purpose for a Purchase Consideration
of MYR125.98 Million to be Satisfied by
MYR37.79 Million Cash and 16.96 Million New
Ordinary Shares of MYR0.50 Each in IOI at
MYR5.20 Per Share
5 Approve Acquisition of the Entire Equity of For For Mgmt
Mayvin for a Purchase Consideration of
MYR85.13 Million to be Satisfied by
MYR25.54 Million Cash and 11.46 Million New
Ordinary Shares of MYR0.50 Each in IOI at
MYR5.20 Per Share
6 Amend Bye-Laws of the IOI Executive Share For Against Mgmt
Option Scheme
10/23/03 - S SYNTHES-STRATEC INC 87162M102 None 28
1 Approve Increase in Size of Board from Nine For ** Mgmt
to 10 Members
2 Approve Issuance of 510,725 Shares without For ** Mgmt
Preemptive Rights
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
10/24/03 - A BHP BILLITON PLC (FORMERLY BILLITON G10877101 None 3,540
PLC)
1 Accept Financial Statements and Statutory For For Mgmt
Reports for BHP Billiton Ltd.
2 Accept Financial Statements and Statutory For For Mgmt
Reports for BHP Billiton Plc
3 Reelect David Brink as Director of BHP For For Mgmt
Billiton Ltd.
4 Reelect David Brink as Director of BHP For For Mgmt
Billiton Plc
5 Reelect Michael Chaney as Director of BHP For For Mgmt
Billiton Ltd.
6 Reelect Michael Chaney as Director of BHP For For Mgmt
Billiton Plc
7 Reelect Robin Renwick as Director of BHP For For Mgmt
Billiton Ltd.
8 Reelect Robin Renwick as Director of BHP For For Mgmt
Billiton Plc
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 12
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
9 Elect Mike Salamon as Director of BHP For For Mgmt
Billiton Ltd.
10 Elect Mike Salamon as Director of BHP For For Mgmt
Billiton Plc
11 Elect John Buchanan as Director of BHP For For Mgmt
Billiton Ltd.
12 Elect John Buchanan as Director of BHP For For Mgmt
Billiton Plc
13 Approve KPMG Audit Plc and For For Mgmt
PricewaterhouseCoopers LLP as Joint
Auditors of BHP Billiton Plc and Authorize
Board to Fix Their Remuneration
14 Authorize BHP Billiton Plc Issuance of For For Mgmt
Equity or Equity-Linked Securities with
Preemptive Rights up to Aggregate Nominal
Amount of USD 265,926,499
15 Authorize BHP Billiton Plc Issuance of For For Mgmt
Equity or Equity-Linked Securities without
Preemptive Rights up to Aggregate Nominal
Amount of USD 61,703,675
16 Authorize 246,814,700 Shares for BHP For For Mgmt
Billiton Plc Share Repurchase Program
17 Approve Remuneration Report For For Mgmt
18 Approve Grant of Deferred Shares, Options For For Mgmt
and Performance Shares to Charles Goodyear
under the BHP Billiton Ltd. Group Incentive
Scheme
19 Approve Grant of Deferred Shares, Options For For Mgmt
and Performance Shares to Mike Salamon
under the BHP Billiton Plc Group Incentive
Scheme
10/30/03 - S PT BANK MANDIRI (PERSERO) TBK Y7123S108 None 19,000
1 Approve Quasi Reorganization of the Company For Against Mgmt
Based on Financial Reports
10/31/03 - A JOHN FAIRFAX HOLDINGS LTD. Q50804105 None 7,240
1 Elect Mark Burrows as Director For For Mgmt
2 Elect Roger Corbett as Director For For Mgmt
3 Elect David Gonski as Director For For Mgmt
4 Elect Margaret Jackson as Director For For Mgmt
5 Elect Ronald Walker as Director For For Mgmt
6 Approve Issuance of 110.25 Million Ordinary For For Mgmt
Shares for a Private
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 13
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Placement
7 Approve the Terms of Dividend Reinvestment For For Mgmt
Plan
11/04/03 - A SIME DARBY BERHAD Y79551126 None 5,100
1 Accept Financial Statements and Statutory For For Mgmt
Reports for the Year Ended June 30, 2003
2 Approve Final Dividends for the Year Ended For For Mgmt
June 30, 2003
3 Elect Seri Ahmad bin Tunku Yahaya as For For Mgmt
Director
4 Elect Michael Wong Pakshong as Director For For Mgmt
5 Elect Muhammad Alias bin Raja Muhammad Ali For For Mgmt
as Director
6 Elect Khatijah binti Ahmad as Director For For Mgmt
7 Elect Nik Mohamed bin Nik Yaacob as Director For For Mgmt
8 Elect David Li Kwok Po as Director For For Mgmt
9 Approve PricewaterhouseCoopers as Auditors For For Mgmt
and Authorize Board to Fix Their
Remuneration
10 Approve Issuance of Equity or Equity-Linked For For Mgmt
Securities without Preemptive Rights in Any
Amount Up to Ten Percent of Issued Share
Capital
11 Authorize Repurchase of Issued Share Capital For For Mgmt
12 Approve Implementation of Shareholders' For For Mgmt
Mandate for Recurrent Related Party
Transactions
13 Amend Stock Option Plan For For Mgmt
11/05/03 - A LINEAR TECHNOLOGY CORP. *LLTC* 535678106 09/08/03 330
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
11/10/03 - S BIDVEST GROUP LTD. S1201R105 None 470
SPECIAL MEETING AGENDA
1 Authorize Issuance of up to 18 Million For Against Mgmt
Ordinary Shares to Scheme Participants
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 14
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
11/10/03 - S BIDVEST GROUP LTD. S1201R105 None 470
SCHEME MEETING
1 Approve Scheme of Arrangement Re: For Against Mgmt
Acquisition of 45 Million Bidvest Shares by
Dinatla, and Issuance of Securities in
BidBEE and Call Options in Bidvest to
Scheme Participants
11/11/03 - A CISCO SYSTEMS, INC. *CSCO* 17275R102 09/12/03 2,630
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For For Mgmt
SHAREHOLDER PROPOSALS
4 Report on Company Products Used by the Against Against ShrHoldr
Government to Monitor the Internet
5 Report on Pay Disparity Against Against ShrHoldr
11/11/03 - A MICROSOFT CORP. *MSFT* 594918104 09/12/03 3,540
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For Against Mgmt
3 Amend Non-Employee Director Stock Option For For Mgmt
Plan
SHAREHOLDER PROPOSAL
4 Refrain from Giving Charitable Contributions Against Against ShrHoldr
11/13/03 - A BRINKER INTERNATIONAL, INC. *EAT* 109641100 09/15/03 310
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
SHAREHOLDER PROPOSAL
3 Report on the Impact of Genetically Against Against ShrHoldr
Engineered Products
11/13/03 - A MAXIM INTEGRATED PRODUCTS, INC. *MXIM* 57772K101 09/15/03 320
1 Elect Directors For For Mgmt
2 Amend Stock Option Plan For Against Mgmt
3 Amend Employee Stock Purchase Plan For For Mgmt
4 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 15
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
11/13/03 - A THE BISYS GROUP, INC. *BSG* 055472104 09/19/03 740
1 Elect Directors For For Mgmt
2 Approve Employee Stock Purchase Plan For For Mgmt
3 Ratify Auditors For For Mgmt
11/14/03 - A BRITISH SKY BROADCASTING PLC G15632105 None 2,430
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Elect Lord Wilson as Director For Against Mgmt
3 Elect James Murdoch as Director For Against Mgmt
4 Elect Chase Carey as Director For Against Mgmt
5 Reelect David Evans as Director For Against Mgmt
6 Reelect Lord St John as Director For Against Mgmt
7 Reelect Martin Stewart as Director For For Mgmt
8 Approve Deloitte and Touche LLP as Auditors For Against Mgmt
and Authorize Board to Fix Their
Remuneration
9 Approve Remuneration Report For For Mgmt
10 Authorize EU Political Donations up to GBP For For Mgmt
200,000
11 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
GBP 319,000,000
12 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
GBP 48,000,000
13 Approve Reduction of GBP 1.120 Billion from For For Mgmt
Share Premium Account
11/14/03 - A HARMONY GOLD MINING LTD. S34320101 None 370
ANNUAL MEETING AGENDA
1 Accept Financial Statements and Statutory For For Mgmt
Reports for the Fiscal Year Ended June 30,
2003
2 Approve Remuneration of Directors For For Mgmt
3 Elect Directors For For Mgmt
4 Elect Directors For For Mgmt
5 Amend Articles of Association to Reflect For For Mgmt
Amended JSE Listing Requirements Re: Share
Issuances
6 Amend Articles of Association to Reflect For For Mgmt
Amended JSE Listing Requirements Re:
Announcements of Notices of Meetings
Through SENS
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 16
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
7 Amend Articles of Association Re: Quorum at For For Mgmt
Board Meetings
8 Amend Articles of Association Re: Approval For For Mgmt
of Board Resolutions
9 Authorize Repurchase of Up to 20 Percent of For For Mgmt
Issued Share Capital
10 Approve Harmony (2003) Share Option Scheme For For Mgmt
11 Place Authorized But Unissued Shares under For For Mgmt
Control of Directors
12 Approve Issuance of Shares without For For Mgmt
Preemptive Rights up to a Maximum of 15
Percent of Issued Capital
11/17/03 - S BANK HAPOALIM B.M. M1586M115 11/10/03 3,300
1 Approve Merger Agreement with Mishkan, a For For Mgmt
Wholly-Owned Subsidiary of the Company
11/25/03 - A BIDVEST GROUP LTD. S1201R105 None 940
ORDINARY BUSINESS
1 Accept Financial Statements and Statutory For For Mgmt
Reports for Year Ended June 30, 2003
2 Approve Remuneration of Directors For For Mgmt
3 Reappoint Auditors For For Mgmt
4 Authorize Repurchase of Up to 20 Percent of For For Mgmt
Issued Share Capital
5 Place Authorized But Unissued Shares under For For Mgmt
Control of Directors
6 Approve Issuance of Shares without For For Mgmt
Preemptive Rights up to a Maximum of 15
Percent of Issued Capital
7 Approve Reduction of Share Premium Account For For Mgmt
by Way of Cash Payment to Shareholders in
Lieu of Dividends
8 Elect Directors For For Mgmt
11/26/03 - A FAST RETAILING J1346E100 08/31/03 600
1 Approve Allocation of Income, Including the For For Mgmt
Following Dividends: Interim JY 20, Final
JY 35, Special JY 0
2 Amend Articles to: Increase Number of For Against Mgmt
Internal Auditors - Reduce Directors'
Term in Office - Extend Internal
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 17
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Auditors' Term in Office - Lower
Quorum Requirement for Special
Business - Allow Share Repurchases
at Discretion of Board
3 Elect Directors For For Mgmt
4.1 Appoint Internal Statutory Auditor For For Mgmt
4.2 Appoint Internal Statutory Auditor For For Mgmt
4.3 Appoint Internal Statutory Auditor For Against Mgmt
5 Approve Retirement Bonuses for Director and For Against Mgmt
Statutory Auditor
6 Approve Adjustment to Aggregate For For Mgmt
Compensation Ceiling for Statutory Auditors
11/28/03 - S DST SYSTEMS, INC. *DST* 233326107 11/10/03 320
1 Approve Reorganization Plan For For Mgmt
11/28/03 - A SASOL LTD. 803866102 None 1,570
ORDINARY BUSINESS
1 Approve Company and Group Financial For For Mgmt
Statements and Statutory Reports For Year
Ended June 30, 2003
2 Elect Directors For For Mgmt
3 Elect Directors For For Mgmt
4 Elect Directors For For Mgmt
5 Reappoint KPMG Inc. as Auditors For For Mgmt
6 Authorize Repurchase of Up to 10 Percent of For For Mgmt
Issued Share Capital
7 Place Authorized But Unissued Shares under For For Mgmt
Control of Directors
8 Approve Remuneration of Directors For For Mgmt
11/28/03 - S YUKOS OIL 98849W108 09/25/03 482
ELECT 11 DIRECTORS BY CUMULATIVE VOTING
1 Elect Directors For For Mgmt
2 Adopt New Charter For Against Mgmt
3 Approve Dividends for First Nine Months of For For Mgmt
2003
12/02/03 - A FIRSTRAND LIMITED S5202Z107 None 9,580
ORDINARY BUSINESS
1 Accept Financial Statements and Statutory For For Mgmt
Reports for Year Ended June 30, 2003
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 18
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
2 Reelect V.W. Bartlett as Director For For Mgmt
3 Reelect D.J.A Craig as Director For For Mgmt
4 Reelect P.M. Goss as Director For For Mgmt
5 Approve Remuneration of Directors for Year For For Mgmt
Ended June 30, 2003
6 Approve Remuneration of Directors for For For Mgmt
Fiscal Year 2004
7 Reappoint PricewaterhouseCoopers Inc. as For For Mgmt
Auditors
8 Authorize Board to Fix and Pay Remuneration For For Mgmt
of the Auditors
9 Place Authorized But Unissued Shares under For For Mgmt
Control of Directors
10 Approve Issuance of Shares without For For Mgmt
Preemptive Rights up to a Maximum of 15
Percent of Issued Capital
11 Authorize Repurchase of Up to 20 Percent of For For Mgmt
Issued Share Capital
12 Authorize Creation of B Variable Rate For For Mgmt
Non-Cumulative Non-Redeemable Preference
Shares
13 Authorize Creation of C Variable Rate For For Mgmt
Non-Cumulative Non-Redeemable Preference
Shares
14 Authorize Creation of D Variable Rate For For Mgmt
Non-Cumulative Non-Redeemable Preference
Shares
15 Amend Articles 53, 54, and 55 Re: Rights For For Mgmt
and Privileges of Preference Shares
16 Amend Memorandum of Association Re: For For Mgmt
Composition of Share Capital
17 Place Authorized But Unissued Preference For For Mgmt
Shares under Control of Directors
18 Authorize Board to Ratify and Execute For For Mgmt
Approved Resolutions
12/03/03 - S CAP GEMINI SA F13587120 None 380
SPECIAL MEETING AGENDA
1 Authorize Board to Issue Up to 6,276,554 For ** Mgmt
Shares Reserved to Transiciel Shareholders
Who Tendered Their Transiciel Shares
Pursuant to Cap Gemini Share Exchange Offer
2 Authorize Board to Issue Up to 18,829,662 For ** Mgmt
Million Warrants and Up to 1,176,853 Shares
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 19
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
to Transiciel Shareholders Who Tendered
Their Transiciel Shares Pursuant to
Alternative to Share Exchange Offer
3 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
12/09/03 - E VODAFONE HOLDINGS K.K. (FRM. JAPAN J27859107 10/27/03 12
TELECOM HOLDINGS CO., LTD
1 Amend Articles to: Change Location of Head For For Mgmt
Office - Change Company Name to Vodafone
Holdings K.K.
2 Approve Reduction in Capital Reserves For For Mgmt
3 Elect Director For For Mgmt
12/15/03 - S CHINA TELECOM CORP LTD Y1505D102 11/14/03 48,000
1 Approve Acquisition of the Entire Issued For For Mgmt
Capital of Anhui Telecom, Fujian Telecom,
Jiangxi Telecom, Guangxi Telecom, Chongqing
Telecom and Sichuan Telecom and Certain
Network Management, Research and
Development Facilities
2 Approve Connected Transaction with a For For Mgmt
Related Party
3 Amend Articles Re: Update Service Areas of For For Mgmt
the Company
12/16/03 - S BEC WORLD PUBLIC COMPANY LIMITED Y0769B117 11/26/03 1,000
1 Approve Minutes of Previous AGM For For Mgmt
2 Accept Acknowledgment on the Payment of For For Mgmt
Interim Dividend of Baht 10 per Share
3 Reduce Par Value of Common Stock to Baht 1 For For Mgmt
from Baht 10
4 Amend Article 4 of Articles of Association For For Mgmt
5 Amend Memorandum of Association to Reflect For For Mgmt
Decrease in Par Value
6 Approve Maleenont Tower Lease Agreement For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 20
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
12/16/03 - S GRUPO ELEKTRA S.A. P3642B213 None 950
1 Amend Articles Re: Compliance with Mexican For For Mgmt
Market Law
2 Approve Merger Agreement with ELektra For For Mgmt
Trading and Consulting Group SA de CV
3 Approve Granting and Revoking of Powers For For Mgmt
4 Other Business (Voting) For For Mgmt
5 Designate Inspector or Shareholder For For Mgmt
Representative(s) to File Required
Documents in the Public Commerce Registry
and to Execute Approved Resolutions
12/16/03 - A MCAFEE INC. *MFE* 640938106 11/13/03 700
1 Elect Directors For For Mgmt
2 Amend Omnibus Stock Plan For Against Mgmt
3 Amend Non-Employee Director Stock Option For For Mgmt
Plan
4 Amend Employee Stock Purchase Plan For For Mgmt
5 Ratify Auditors For For Mgmt
12/18/03 - S CAP GEMINI SA F13587120 None 380
SPECIAL MEETING AGENDA
1 Authorize Board to Issue Up to 6,276,554 For ** Mgmt
Shares Reserved to Transiciel Shareholders
Who Tendered Their Transiciel Shares
Pursuant to Cap Gemini Share Exchange Offer
2 Authorize Board to Issue Up to 18,829,662 For ** Mgmt
Million Warrants and Up to 1,176,853 Shares
to Transiciel Shareholders Who Tendered
Their Transiciel Shares Pursuant to
Alternative to Share Exchange Offer
3 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 21
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
12/19/03 - A AUSTRALIA & NZ BANKING GROUP LTD. Q09504137 None 2,894
(FORMERLY AUSTRALIA & NEW
1 Accept Financial Statements and Statutory None None Mgmt
Reports
2a Reelect C Dahlsen as Director For For Mgmt
2b Reelect CB Goode as Director For For Mgmt
2c Elect Shareholder Nominee J I Buckland as Against Against ShrHoldr
Director
12/23/03 - A THAI AIRWAYS INTERNATIONAL LTD. Y8615C114 12/04/03 4,300
1 Open Meeting None None Mgmt
2 Approve Minutes of Previous AGM For For Mgmt
3 Accept Directors' Report For For Mgmt
4 Accept Financial Statements and Statutory For For Mgmt
Reports
5 Acknowledgment of the Amendment of the For For Mgmt
Company Dividend Policy
6 Approve Allocation of Income and Dividends For For Mgmt
7 Elect Directors For For Mgmt
8 Approve Auditors and Authorize Board to Fix For For Mgmt
Their Remuneration
9 Approve Adjustment of the Remuneration of For For Mgmt
Directors
10 Approve Remuneration of Directors For For Mgmt
11 Other Business For For Mgmt
12/25/03 - S AKBANK M0300L106 None 1,432,300
SPECIAL MEETING AGENDA
1 Elect Presiding Council and Authorize For ** Mgmt
Council to Sign Minutes of Meeting
2 Amend Articles Re: Corporate Purpose, For ** Mgmt
Capital Payment Rules, and Distribution of
Profits
3 Approve Report Re: Donationa Made in 2002 For ** Mgmt
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 22
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
01/13/04 - S GRANADA PLC (FRMRLY. GRANADA COMPASS) G4049Q100 None 116,000
1 To Give Effect to the Scheme of Arrangement For For Mgmt
Between the Company and Holders of its
Scheme Shares
2 Approve ITV Approved Executive Share Option For For Mgmt
Scheme
3 Approve ITV Unapproved Executive Share For For Mgmt
Option Scheme
4 Approve ITV Commitment Scheme For For Mgmt
5 Approve ITV Savings-Related Share Option For For Mgmt
Scheme
6 Approve ITV Share Incentive Plan For For Mgmt
7 Establish Plans for Oversea Employees of ITV For For Mgmt
01/14/04 - A WALGREEN CO. *WAG* 931422109 11/17/03 420
1 Elect Directors For For Mgmt
2 Approve Non-Employee Director Omnibus Stock For Against Mgmt
Plan
01/22/04 - A AMDOCS LIMITED *DOX* G02602103 11/28/03 530
1 Elect Directors For For Mgmt
2 Accept Financial Statements For Fiscal Year For For Mgmt
2003
3 Amend 1998 Stock Option and Incentive Plan For Against Mgmt
4 Approve Ernst & Young Auditors and For For Mgmt
Authorize Audit Committee of Board to Fix
Their Remuneration
01/23/04 - A BOC GROUP PLC G12068113 None 9,100
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Elect Andrew Bonfield as Director For For Mgmt
4 Reelect Christopher O'Donnell as Director For For Mgmt
5 Reelect Julie Baddeley as Director For For Mgmt
6 Reelect John Walsh as Director For For Mgmt
7 Ratify PricewaterhouseCoopers LLP as For For Mgmt
Auditors
8 Authorize Board to Fix Remuneration of For For Mgmt
Auditors
9 Approve Dividend Policy For For Mgmt
10 Authorize EU Political Donations up to For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 23
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
GBP 150,000
11 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
GBP 18,580,721
12 Authorize Issuance of Equity or For For Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
GBP 6,222,335
13 Authorize 49,778,680 Shares for Share For For Mgmt
Repurchase Program
14 Amend Articles of Association Re: Treasury For For Mgmt
Shares and Directors' Fees
01/29/04 - S BARLOWORLD LIMITED (FORMERLY BARLOW S08470189 None 760
LTD.)
SPECIAL MEETING AGENDA
1 Approve Allotment and Issuance of Shares For Against Mgmt
Pursuant to Avis Southern Africa Scheme of
Arrangement
2 Authorize Board to Ratify and Execute For Against Mgmt
Approved Resolutions
01/29/04 - A FRANKLIN RESOURCES, INC. *BEN* 354613101 12/01/03 320
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Amend Executive Incentive Bonus Plan For For Mgmt
01/29/04 - S KOREA EXCHANGE BANK Y48585106 12/31/03 710
1 Elect Directors For For Mgmt
2 Amend Articles of Incorporation For For Mgmt
01/29/04 - S NEXT PLC G6500M106 None 4,670
1 Amend Articles of Association Re: Borrowing For For Mgmt
Powers
02/19/04 - A AGERE SYSTEMS INC *AGR.A* 00845V209 12/22/03 5,260
1 Elect Directors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 24
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
02/24/04 - A NOVARTIS AG H5820Q150 02/04/04 13,460
1 Accept Financial Statements and Statutory For ** Mgmt
Reports
2 Approve Discharge of the Board and Senior For ** Mgmt
Management
3 Approve Allocation of Income and Dividends For ** Mgmt
of CHF 1.00 per Share
4 Approve Transfer of CHF 360.9 Million from For ** Mgmt
General Reserves to Free Reserves
5 Approve CHF 12.1 Million Reduction in Share For ** Mgmt
Capital via Share Cancellation
6 Authorize Repurchase of up to Ten Percent For ** Mgmt
of Issued Share Capital
7 Amend Articles Re: Reduce Board Terms from For ** Mgmt
Four to Three Years
8.1 Approve Resignation of Walter Frehner and For ** Mgmt
Heini Lippuner
9 Ratify PricewaterhouseCoopers AG as Auditors For ** Mgmt
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
02/27/04 - A SAMSUNG ELECTRONICS CO. LTD. Y74718100 12/31/03 210
1 Approve Financial Statements and For For Mgmt
Appropriation of Income, with Total
Dividend of KRW 5500 Per Share
2 Elect Directors For For Mgmt
2.2 Appoint One Member of Audit Committee For For Mgmt
2 Elect Directors For For Mgmt
3 Approve Limit on Remuneration of Directors For For Mgmt
02/27/04 - A SAMSUNG SDI CO. Y74866107 12/31/03 570
1 Approve Appropriation of Income and For For Mgmt
Dividends of KRW 2500 Per Share
2 Elect Director For For Mgmt
3 Approve Limit on Remuneration of Directors For For Mgmt
03/25/04 - A CHUGAI PHARMACEUTICAL CO. LTD. J06930101 12/31/03 9,100
1 Approve Allocation of Income, For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 25
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Including the Following Dividends:
Interim JY 0, Final JY 13, Special JY 0
2 Elect Directors For For Mgmt
3.1 Appoint Internal Statutory Auditor For For Mgmt
3.2 Appoint Internal Statutory Auditor For For Mgmt
4 Approve Retirement Bonuses for Directors For Against Mgmt
and Statutory Auditors
5 Approve Executive Stock Option Plan For For Mgmt
6 Amend Articles to: Authorize Share For For Mgmt
Repurchases at Board's Discretion
03/30/04 - A BRIDGESTONE CORP. J04578126 12/31/03 5,000
1 Approve Allocation of Income, Including the For For Mgmt
Following Dividends: Interim JY 8, Final JY
8, Special JY 0
2 Authorize Share Repurchase Program For For Mgmt
3 Amend Articles to: Authorize Share For For Mgmt
Repurchases at Board's Discretion
4 Elect Director For For Mgmt
5.1 Appoint Internal Statutory Auditor For Against Mgmt
5.2 Appoint Internal Statutory Auditor For For Mgmt
6 Approve Retirement Bonuses for Director and For Against Mgmt
Statutory Auditor
7 Approve Executive Stock Option Plan For For Mgmt
03/30/04 - A CANON INC. J05124144 12/31/03 3,000
1 Approve Allocation of Income, Including the For For Mgmt
Following Dividends: Interim JY 15, Final
JY 35, Special JY 0
2 Amend Articles to: Authorize Share For For Mgmt
Repurchases at Board's Discretion
3 Elect Directors For For Mgmt
4.1 Appoint Internal Statutory Auditor For For Mgmt
4.2 Appoint Internal Statutory Auditor For For Mgmt
4.3 Appoint Internal Statutory Auditor For For Mgmt
5 Appoint Additional External Auditor For Against Mgmt
6 Approve Retirement Bonuses for Directors For For Mgmt
and Statutory Auditors
7 Approve Adjustment to Aggregate For For Mgmt
Compensation Ceiling for Directors and
Statutory Auditors
04/02/04 - A IBERDROLA S.A. E6164R104 None 7,720
1 Approve Financial Statements, Allocation of For For Mgmt
Income and Dividends,
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 26
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
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Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
and Discharge Directors
2 Adopt New Articles of Association For For Mgmt
3 Approve General Meeting Guidelines; For For Mgmt
Information on Board Guidelines
4 Approve Merger by Absorption of For For Mgmt
Subsidiaries Iberdrola Gas S.A. and Star 21
Networks Espana, S.A.
5 Authorize Issuance of Convertible Bonds For For Mgmt
and/or Warrants without Preemptive Rights
with a Maximum Limit of EUR 1 Billion
6 Authorize Issuance of Convertible Bonds For For Mgmt
and/or Warrants with Preemptive Rights with
a Maximum Limit of EUR 1 Billion
7 Authorize Issuance of Bonds/Debentures up For For Mgmt
to Aggregate Nominal Amount of EUR 1.2
Billion, or EUR 1.5 Billion in the Case of
Debentures
8 Authorize Repurchase of Shares and Reduce For For Mgmt
Capital Via Cancellation of Repurchased
Shares
9 Approve Listing of Shares on Secondary For For Mgmt
Exchanges in Spain or Overseas
10 Approve Creation of Foundations For For Mgmt
11 Approve Auditors For For Mgmt
12 Ratify Appointment of Directors For For Mgmt
13 Authorize Board to Ratify and Execute For For Mgmt
Approved Resolutions
04/02/04 - A QBE INSURANCE GROUP LTD. Q78063114 None 38,591
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2a Elect L. F. Bleasel as Director For For Mgmt
2b Elect N. F. Greiner as Director For For Mgmt
3 Approve Remuneration of Directors in the For For Mgmt
Amount of AUD 2.2 Million Per Annum
4 Amend Constitution Re: Non-Executive For For Mgmt
Directors' Retirement Allowances
5 Approve Issue of Conditional Rights and For For Mgmt
Options Under the Senior Executive Equity
Scheme to F. M.
O'Halloran, Chief Executive Officer
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 27
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/06/04 - A ERICSSON (TELEFONAKTIEBOLAGET L M W26049119 03/26/04 34,700
ERICSSON)
1 Elect Chairman of Meeting For For Mgmt
2 Prepare and Approve List of Shareholders For For Mgmt
3 Approve Agenda of Meeting For For Mgmt
4 Acknowledge Proper Convening of Meeting For For Mgmt
5 Designate Inspector or Shareholder For For Mgmt
Representative(s) of Minutes of Meeting
6 Receive Financial Statements, Statutory None None Mgmt
Reports, and Board Report; Allow Questions
7.1 Accept Financial Statements and Statutory For For Mgmt
Reports
7.2 Approve Discharge of Board and President For For Mgmt
7.3 Approve Allocation of Income and Omission For For Mgmt
of Dividends
8 Determine Number of Members (9) and Deputy For For Mgmt
Members (0) of Board
9 Approve Remuneration of Directors in the For For Mgmt
Aggregate Amount of SEK 8 Million
10 Reelect Peter Bonfield, Sverker For For Mgmt
Martin-Loef, Arne Maartensson, Eckhard
Pfeiffer, Lena Torell, Carl-Henric
Svanberg, Michael Treschow, and Marcus
Wallenberg; Elect Nancy McKinstry as New
Director
11 Approve Remuneration of Auditors For For Mgmt
12 Ratify Peter Clemendtson (Oehrlings For For Mgmt
PricewaterhouseCoopers) as Auditor and
Robert Bernden (Oehrlings
PricewaterhouseCoopers) as Deputy Auditor
13 Elect Bengt Belfrage, Christer Elmehagen, For For Mgmt
Anders Nyren, Bjoern Svedberg, and Michael
Treschow as Members of Nominating Committee
14.1 Reserve 23.5 Million Shares for New For For Mgmt
Long-Term Incentive Plan (Stock Purchase
Plan) for Key Employees
14.2 Authorize Board to Examine Reasonableness For For Mgmt
of Performance Criteria Attached to
Incentive Plan (Item 14.1)
14.3 Amend 2003 Employee Stock Purchase Plan Re: For For Mgmt
Threshold for
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 28
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Employee's Maximum Contribution to Plan
14.4 Authorize Reissuance of 24.6 Million For For Mgmt
Repurchased Class B Shares in Connection
with 2003 and 2004 Employee Stock Purchase
Plans
14.5 Authorize Reissuance of 55.8 Million For For Mgmt
Repurchased Class B Shares in Connection
with 2001 and 2003 Employee Compansation
Plans
SHAREHOLDER PROPOSALS
15 Shareholder Proposal: Provide All Shares Against For ShrHoldr
with Equal Voting Rights
ORDINARY BUSINESS
16 Close Meeting None None Mgmt
04/09/04 - A/S FRANCE TELECOM SA F4113C103 None 8,150
ORDINARY BUSINESS
1 Approve Financial Statements and Discharge For ** Mgmt
Directors for Fiscal Year Ended Dec. 2003
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports for Fiscal Year Ended
Dec. 2003
3 Approve Treatment of Losses and Dividends For ** Mgmt
of EUR 0.25 per Share
4 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
5 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital
SPECIAL BUSINESS
6 Fix Issue Price of Previous Authority to For ** Mgmt
Issue Equity or Equity-Linked Securities
without Preemptive Rights Submitted to
Shareholder Vote at Feb. 25, 2003 EGM to
Increase Capital by up to EUR 30 Billion
7 Amend Article 1, 2, and 7 to Reflect 2003 For ** Mgmt
Legislative Changes, Postal Service and
Telecommunication Code, and European
Parliament Directives
8 Amend Articles to Reflect 2003 Legislative For ** Mgmt
Changes; Remove French Government
Obligation to Retain Majority Stake in
Company and Amend Articles with Respect to
Board
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 29
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Composition
9 Amend Articles to Reflect Potential Change For ** Mgmt
in Control with Respect to Powers of
Chairman and Management
10 Amend Articles of Association to Introduce For ** Mgmt
Liquidation Provision
11 Authorize Board to Issue Up to 30 Million For ** Mgmt
Shares to Participants of Wanadoo Stock
Option Plan in Connection with France
Telecom Liquidity Agreement
12 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
13 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/15/04 - A BP PLC (FORM. BP AMOCO PLC ) 055622104 02/23/04 2,755
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 TO ELECT MR A BURGMANS AS A DIRECTOR For For Mgmt
3 Ratify Auditors For For Mgmt
4 TO AMEND THE ARTICLES OF ASSOCIATION OF THE For For Mgmt
COMPANY
5 TO GIVE AUTHORITY TO ALLOT SHARES UP TO A For For Mgmt
SPECIFIED AMOUNT
6 SPECIAL RESOLUTION: TO GIVE AUTHORITY TO For For Mgmt
ALLOT A LIMITED NUMBER OF SHARES FOR CASH
WITHOUT MAKING AN OFFER TO SHAREHOLDERS
7 SPECIAL RESOLUTION: TO GIVE LIMITED For For Mgmt
AUTHORITY FOR THE PURCHASE OF ITS OWN
SHARES BY THE COMPANY
8 TO AUTHORISE THE USE OF TREASURY SHARES FOR For For Mgmt
EMPLOYEE SHARE SCHEMES
9 TO APPROVE THE DIRECTORS REMUNERATION REPORT For For Mgmt
10 TO DETERMINE THE LIMIT FOR THE For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 30
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
AGGREGATE REMUNERATION OF THE NON-EXECUTIVE
DIRECTORS
11 TO RECEIVE THE DIRECTORS ANNUAL REPORT AND For For Mgmt
THE ACCOUNTS
12 SPECIAL SHAREHOLDER RESOLUTION: TO INSTRUCT Against Against ShrHoldr
THE COMPANY TO PREPARE A REPORT MAKING
CERTAIN DISCLOSURES ON MATTERS OF CONTROL
AND RISK IN PROTECTED AND SENSITIVE AREAS
04/15/04 - A UBS AG H8920M855 None 3,799
1 Accept Financial Statements and Statutory For ** Mgmt
Reports
2 Approve Allocation of Income and Dividends For ** Mgmt
of CHF 2.60 per Share
3 Approve Discharge of Board and Senior For ** Mgmt
Management
4.3 Ratify Ernst and Young as Auditors For ** Mgmt
5.1 Approve CHF 47.6 Million Reduction in Share For ** Mgmt
Capital via Cancellation of Shares
5.2 Authorize Repurchase of Issued Share Capital For ** Mgmt
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/15/04 - A UBS AG H8920M855 03/10/04 3,959
MEETING FOR HOLDERS OF ADRS
1 ANNUAL REPORT, GROUP AND PARENT COMPANY For ** Mgmt
ACCOUNTS FOR 2003. REPORTS OF THE GROUP AND
STATUTORY AUDITORS
2 APPROPRIATION OF RETAINED EARNINGS. For ** Mgmt
DIVIDEND FOR FINANCIAL YEAR 2003
3 DISCHARGE OF THE MEMBERS OF THE BOARD OF For ** Mgmt
DIRECTORS AND THE GROUP EXECUTIVE BOARD
4 RE-ELECTION OF BOARD MEMBER: SIR PETER DAVIS For ** Mgmt
5 ELECTION OF NEW BOARD For ** Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 31
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
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Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
MEMBER: STEPHAN HAERINGER
6 ELECTION OF NEW BOARD MEMBER: HELMUT PANKE For ** Mgmt
7 ELECTION OF NEW BOARD MEMBER: PETER SPUHLER For ** Mgmt
8 RE-ELECTION OF GROUP AND STATUTORY AUDITORS For ** Mgmt
ERNST & YOUNG LTD., BASEL
9 CAPITAL REDUCTION: CANCELLATION OF SHARES For ** Mgmt
REPURCHASED UNDER THE 2003/2004 SHARE
BUYBACK PROGRAM AND RESPECTIVE AMENDMENT OF
ARTICLE 4 OF THE ARTICLES OF ASSOCIATION
10 CAPITAL REDUCTION: APPROVAL OF A NEW For ** Mgmt
2004/2005 SHARE BUYBACK PROGRAM
11 IN CASE OF AD-HOC SHAREHOLDERS MOTIONS For ** Mgmt
DURING THE ANNUAL GENERAL MEETING, I/WE
AUTHORIZE MY/OUR PROXY TO VOTE IN
ACCORDANCE WITH THE BOARD OF DIRECTORS
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/16/04 - A SCHERING AG D67334108 None 3,070
1 Receive Financial Statements and Statutory None ** Mgmt
Reports
2 Approve Allocation of Income and Dividends For ** Mgmt
of EUR 0.93 per Share
3 Approve Discharge of Management Board For ** Mgmt
4 Approve Discharge of Supervisory Board For ** Mgmt
5 Ratify BDO Deutsche Warentreuhand AG as For ** Mgmt
Auditors
6 Approve Creation of EUR 97 Million Pool of For ** Mgmt
Conditional Capital without Preemptive
Rights
7 Approve Issuance of Convertible Bonds For ** Mgmt
and/or Bonds with Warrants Attached up to
Aggregate Nominal Amount of EUR 600 Million
with Preemptive Rights; Approve Creation
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 32
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
of EUR 10 Million Pool of Conditional Capital
to Guarantee Conversion Rights
8 Amend Articles Re: Supervisory Board For ** Mgmt
Remuneration due to Changes in German
Disclosure Regulations
9 Adopt New Articles of Association For ** Mgmt
10 Authorize Repurchase of up to Ten Percent For ** Mgmt
of Issued Share Capital; Authorize Board to
Issue Repurchased Shares as New Shares
without Preemptive Rights
11 Elect Karl-Hermann Baumann, Piet Borst, For ** Mgmt
Mathias Doepfner, John Dormandy, Reiner
Hagemann, Martin Kohlhaussen, Hermann-Josef
Lamberti, and Giuseppe Vita to the
Supervisory Board
12 Approve Affiliation Agreements with For ** Mgmt
Subsidiaries
13 Approve Affiliation Agreements with For ** Mgmt
Schering International Holding GmbH
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/20/04 - A/S TELEVISION FRANCAISE 1 F91255103 None 7,374
ORDINARY BUSINESS
1 Approve Financial Statements and Discharge For ** Mgmt
Directors
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
4 Approve Allocation of Income and Dividends For ** Mgmt
of EUR 0.975 per Share
5 Receive Special Directors' Report Regarding For ** Mgmt
Stock Option Grants
6 Receive Chairman's and Auditors' Report For ** Mgmt
Regarding Internal Control Procedures
7 Reelect Alain Pouyat as Director For ** Mgmt
8 Confirm Election of Employee For ** Mgmt
Representatives to the Board
9 Authorize Repurchase of Up to Ten For ** Mgmt
Percent of Issued Share Capital
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 33
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
10 Authorize Issuance of Bonds/Debentures For ** Mgmt
SPECIAL BUSINESS
11 Approve Reduction in Share Capital via For ** Mgmt
Cancellation of Repurchased Shares
12 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
EUR 120 Million
13 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
EUR 120 Million
14 Authorize Capital Increase of Up to EUR 120 For ** Mgmt
Million for Future Exchange Offers
15 Set Global Limit for Capital Increase to For ** Mgmt
Result from All Issuance Requests at EUR
120 Million
16 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
17 Approve Issuance of Equity-Linked For ** Mgmt
Securities Reserved for Employees
Participating in Savings-Related Share
Purchase Plan
18 Amend Articles of Association to Reflect For ** Mgmt
2003 Regulation Changes Re: Related-Party
Transactions and Internal Control Procedures
19 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/21/04 - A/S AXA (FORMERLY AXA-UAP) F06106102 None 17,650
ORDINARY BUSINESS
1 Approve Financial Statements and Statutory For ** Mgmt
Reports
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Allocation of Income and Dividends For ** Mgmt
of EUR 0.57 per Share
4 Approve Special Auditors' Report For ** Mgmt
Regarding Related-Party Transactions
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 34
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
5 Reelect Claude Bebear as Supervisory Board For ** Mgmt
Member
6 Ratify Mazars & Guerard as Auditors For ** Mgmt
7 Ratify Jean Louis Simon as Alternate Auditor For ** Mgmt
8 Elect Willy Avereyn as Representative of None ** Mgmt
Employee Shareholders to the Supervisory
Board, Pending Approval of Item 13
9 Elect Cees de Jong as Representative of None ** Mgmt
Employee Shareholders to the Supervisory
Board, Pending Approval of Item 13
10 Elect Jacques Tabourot as Representative of For ** Mgmt
Employee Shareholders to the Supervisory
Board, Pending Approval of Item 13
11 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital
SPECIAL BUSINESS
12 Allow Board to Issue Shares in the Event of For ** Mgmt
a Public Tender Offer or Share Exchange
Offer
13 Amend Article 10 Re: Appointment of For ** Mgmt
Representative of Employee Shareholders to
the Supervisory Board
14 Amend Article 10 Re: Appointment of Against ** Mgmt
Employee Representative to the Supervisory
Board
15 Approve Reduction in Share Capital via For ** Mgmt
Cancellation of Repurchased Shares
16 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/22/04 - A CANADIAN NATIONAL RAILWAY CO. *CNR.* 136375102 03/15/04 4,115
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
04/22/04 - A NESTLE SA H57312466 None 1,698
1a Accept Financial Statements and Statutory For ** Mgmt
Reports
1b Accept Consolidated Financial For ** Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 35
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Statements and Statutory Reports
2 Approve Discharge of Board and Senior For ** Mgmt
Management
3 Approve Allocation of Income and Dividends For ** Mgmt
of CHF 7.20 per Share
4a Elect Edward George as Directors For ** Mgmt
4b Elect Kaspar Villiger as Directors For ** Mgmt
4c Elect Rolf Haenggi as Directors For ** Mgmt
4d Elect Daniel Borel as Directors For ** Mgmt
4e Elect Carolina Mueller as Directors For ** Mgmt
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/22/04 - A SYNTHES-STRATEC INC 87162M102 None 95
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Present Report on Dividend Approved by Board For ** Mgmt
4 Elect Director Charles Hedgepeth, Amin For ** Mgmt
Khoury and Dr. Rolf
5 Ratify Auditors For ** Mgmt
6 Increase Authorized Common Stock For ** Mgmt
7 Change Company Name For ** Mgmt
8 Authorize Issuance of Equity For ** Mgmt
** NOT VOTED PER CLIENT INSTRUCTION.
04/23/04 - A STRAUMANN HOLDINGS H8300N119 None 850
1 Receive Financial Statements and Statutory None ** Mgmt
Reports
2 Accept Financial Statements and Statutory For ** Mgmt
Reports
3 Approve Allocation of Income and Dividends For ** Mgmt
of CHF 1.55 per Share; Approve Allocation
of a Special Dividend of CHF 1.55 per Share
4 Approve Discharge of Board and Senior For ** Mgmt
Management
5 Reelect Thomas Straumann and Dominik For ** Mgmt
Ellenrieder as Directors
6 Reelect Ernst & Young AG as Auditors For ** Mgmt
** NOT VOTED PER CLIENT INSTRUCTION.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 36
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/26/04 - A DEPFA BANK PLC G27230104 None 1,330
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Declare Final Dividend For For Mgmt
3a Reelect Reinhare Grzesik as Director For For Mgmt
3b Reelect Thomas Kolbeck as Director For For Mgmt
3c Reelect Jacques Poos as Director For For Mgmt
3d Reelect Hans Reich as Director For For Mgmt
3e Reelect Jurgen Karcher as Director For For Mgmt
4 Authorize Board to Fix Remuneration of For For Mgmt
Auditors
5 Approve Sub-division of Ordinary Share For For Mgmt
Capital
6 Approve Increase in Authorized Capital and For For Mgmt
Authorize New Class of Preferred Stock
04/27/04 - A ATLAS COPCO AB W10020118 04/16/04 3,440
1 Open Meeting; Elect Chairman of Meeting For For Mgmt
2 Prepare and Approve List of Shareholders For For Mgmt
3 Approve Agenda of Meeting For For Mgmt
4 Designate Inspector or Shareholder For For Mgmt
Representative(s) of Minutes of Meeting
5 Acknowledge Proper Convening of Meeting For For Mgmt
6 Receive Financial Statements and Statutory None None Mgmt
Reports
7 Receive President's Report None None Mgmt
8 Receive Board and Committee Reports None None Mgmt
9.1 Accept Financial Statements and Statutory For For Mgmt
Reports
9.2 Approve Discharge of Board and President For For Mgmt
9.3 Approve Allocation of Income and Dividends For For Mgmt
of SEK 7.50 Per Share
9.4 Approve Record Date (April 30) for Dividend For For Mgmt
10 Determine Number of Members (9) and Deputy For For Mgmt
Members (0) of Board
11 Reelect Sune Carlsson, Jacob Wallenberg, For For Mgmt
Gunnar Brock, Staffan Boman, Kurt
Hellstroem, Thomas Leysen, Ulla Litzen, and
Anders Ullberg as Directors; Elect Grace
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 37
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Reksten Skaugen as New Director
12 Approve Remuneration of Directors in the For For Mgmt
Aggregate Amount of SEK 3 Million; Approve
Remuneration of SEK 500,000 for Committee
Work
13 Approve Stock Option and Stock Appreciation For Against Mgmt
Rights Plan for Key Employees; Approve
Reissuance of 950,000 Repurchased Shares to
Guarantee Conversion Rights
SHAREHOLDER PROPOSALS
14.1 Shareholder Proposal: Approve Unification Against For ShrHoldr
of Capital Structure without Compensation
to Class A Shareholders
14.2 Shareholder Proposal: Approve (Voluntary) Against Against ShrHoldr
Conversion of Class B Shares into Class A
Shares
15.1 Shareholder Proposal: Authorize General Against For ShrHoldr
Meeting to Elect Members of Nominating
Committee
ORDINARY BUSINESS
15.2 Authorize Chairman of Board to Appoint Four For Against Mgmt
Representatives of Company's Largest
Shareholders to Serve on Nominating
Committee
16 Close Meeting None None Mgmt
04/27/04 - A/S L'AIR LIQUIDE F01764103 None 2,190
ORDINARY BUSINESS
1 Approve Financial Statements and Statutory For ** Mgmt
Reports
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Allocation of Income and Dividends For ** Mgmt
of EUR 4.80 per Share
4 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital
5 Elect Rolf Krebs as Supervisory Board Member For ** Mgmt
6 Reelect Edouard Royere as Supervisory Board For ** Mgmt
Member
7 Ratify Ernst & Young as Auditors For ** Mgmt
8 Ratify Mazars & Guerard as Auditors For ** Mgmt
9 Ratify Valerie Quint as Alternate Auditor For ** Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 38
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
10 Ratify Patrick De Cambourg as Alternate For ** Mgmt
Auditor
11 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
12 Authorize Issuance of Bonds/Debentures in For ** Mgmt
the Aggregat Value of Up to EUR 4 Billion
SPECIAL BUSINESS
13 Approve Reduction in Share Capital via For ** Mgmt
Cancellation of Repurchased Shares
14 Authorize Increase in Capital by For ** Mgmt
Capitalization of Reserves or by Issuance
of Equity or Equity-Linked Securities with
and without Preemptive Rights for an
Aggregate Nominal Amount Up to EUR 2 Billion
15 Authorize Issuance of Convertible Bonds For ** Mgmt
with and without Preemptive Rights and
Approve Creation of EUR 1.5 Billion Pool of
Conditional Capital to Guarantee Conversion
Rights
16 Approve Stock Option Plan Grants For ** Mgmt
17 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
18 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/27/04 - A/S SCHNEIDER ELECTRIC SA (FORMERLY F86921107 None 3,822
SCHNEIDER SA)
ORDINARY BUSINESS
1 Approve Financial Statements and Statutory For ** Mgmt
Reports
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
4 Approve Allocation of Income and Dividends For ** Mgmt
of EUR 1.65 per Share
5 Elect Caisse des Depots et Consignations, For ** Mgmt
Represented by Jerome Gallot, as Director
6 Elect Chris C. Richardson as Director For ** Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 39
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
7 Reelect Alain Burq as Representative of For ** Mgmt
Employee Shareholders to the Board
8 Reelect Daniel Bouton as Director For ** Mgmt
9 Reelect Thierry Breton as Director For ** Mgmt
10 Reelect Willy Kissling as Director For ** Mgmt
11 Reelect Piero Sierra as Director For ** Mgmt
12 Reappoint Barbier Frinault et Autres (Ernst For ** Mgmt
& Young) as Auditors
13 Ratify Philippe Diu as Alternate Auditor to For ** Mgmt
Barbier Frinault et Autres (Ernst & Young)
14 Appoint Mazars & Guerard as Auditor For ** Mgmt
15 Ratify Charles Vincensini as Alternate For ** Mgmt
Auditor to Mazars & Guerard
16 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital
SPECIAL BUSINESS
17 Amend Articles of Association to Authorize For ** Mgmt
the Appointment of Censors
18 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
19 Approve Stock Option Plan Grants For ** Mgmt
20 Approve Reduction in Share Capital via For ** Mgmt
Cancellation of Repurchased Shares
21 Allow Board to Issue Shares in the Event of For ** Mgmt
a Public Tender Offer or Share Exchange
Offer
22 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/27/04 - A SYNGENTA AG H84140112 None 1,885
1 Accept Financial Statements and Statutory For ** Mgmt
Reports
2 Approve Discharge of Board and Senior For ** Mgmt
Management
3 Approve Allocation of Income and Omission For ** Mgmt
of Dividends
4 Approve CHF 191.4 Million Reduction in For ** Mgmt
Share Capital via Reduction in Par Value
and Repayment to Shareholders
5 Amend Articles Re: Submission of For ** Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 40
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Shareholder Proposals
6 Authorize Repurchase of up to Ten Percent For ** Mgmt
of Issued Share Capital
7 Reelect Rupert Gasser, Heinz Imhof, and For ** Mgmt
Michael Pragnell as Directors
8 Reelect Ernst and Young AG as Auditors For ** Mgmt
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/28/04 - A COMPANHIA VALE DO RIO DOCE 204412209 03/29/04 2,310
MEETING FOR HOLDERS OF ADRS
1 APPRECIATION OF THE MANAGEMENT S REPORT AND For For Mgmt
ANALYSIS, DISCUSSION AND VOTE ON THE
FINANCIAL STATEMENTS FOR THE FISCAL YEAR
ENDING DECEMBER 31, 2003.
2 PROPOSAL FOR THE DESTINATION OF THE PROFITS For For Mgmt
OF THE SAID FISCAL YEAR.
3 ESTABLISHMENT OF THE TOTAL AND ANNUAL For For Mgmt
REMUNERATION OF THE MEMBERS OF THE COMPANY
S MANAGEMENT.
4 ELECTION OF THE MEMBERS OF THE FISCAL For For Mgmt
COUNCIL AND ESTABLISHMENT OF THEIR
REMUNERATION.
5 PROPOSAL OF CAPITAL INCREASE, THROUGH THE For For Mgmt
CAPITALIZATION OF RESERVES, WITHOUT THE
ISSUANCE OF SHARES, AND THE CONSEQUENT
CHANGE OF THE HEAD SECTION OF ARTICLE 5 OF
THE COMPANY S BY-LAWS.
04/28/04 - A/S RAS (RIUNIONE ADRIATICA DI SICURTA) T79470109 04/23/04 9,470
SPECIAL BUSINESS
1 Amend Articles To Reflect New Italian For ** Mgmt
Company Law Regulations; Add One New
Articles to Company's Bylaws; Renumber
Articles of Association
2 Amend Rules Governing General For ** Mgmt
Meetings
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 41
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
ORDINARY BUSINESS
1 Accept Financial Statements and Statutory For ** Mgmt
Reports
2 Accept Resignation of Certain Directors; For ** Mgmt
Fix Number of Directors on the Board; Elect
Directors; Determine Directors' Remuneration
3 Accept Resignation of One Alternate For ** Mgmt
Internal Statutory Auditor; Appoint One
Auditor to Reintegrate Board of Internal
Statutory Auditors
4 Authorize Share Repurchase Program and For ** Mgmt
Reissuance of Repurchased Shares
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/28/04 - A/S TOTAL S.A. (FORMERLY TOTAL FINA ELF F92124100 None 1,880
S.A )
ORDINARY BUSINESS
1 Approve Financial Statements and Statutory For ** Mgmt
Reports
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Allocation of Income and Net For ** Mgmt
Dividends of EUR 4.70 per Share
4 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
5 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital and Reissuance of
Repurchased Shares
6 Authorize Issuance of Bonds/Debentures For ** Mgmt
7 Reelect Thierry Desmarest as Director For ** Mgmt
8 Reelect Thierry de Rudder as Director For ** Mgmt
9 Reelect Serge Tchuruk as Director For ** Mgmt
10 Elect Daniel Boeuf as Representative of For ** Mgmt
Employee Shareholders to the Board
11 Elect Philippe Marchandise as Against ** Mgmt
Representative of Employee Shareholders to
the Board
12 Elect Cyril Mouche as Representative of Against ** Mgmt
Employee Shareholders to the
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 42
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Board
13 Elect Alan Cramer as Representative of Against ** Mgmt
Employee Shareholders to the Board
14 Ratify Ernst & Young Audit as Auditors For ** Mgmt
15 Ratify KPMG Audit as Auditors For ** Mgmt
16 Ratify Pierre Jouanne as Alternate Auditor For ** Mgmt
17 Ratify Jean-Luc Decornoy as Alternate For ** Mgmt
Auditor
18 Approve Remuneration of Directors in the For ** Mgmt
Aggregate Amount of EUR 900,000
SPECIAL BUSINESS
19 Approve Stock Option Plan Grants For ** Mgmt
20 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
EUR 4 Billion
21 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
EUR 2 Billion
22 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/29/04 - A AMVESCAP PLC G4917N106 None 42,090
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Approve Final Dividend of 6.5 Pence Per For For Mgmt
Ordinary Share
4 Re-elect Joseph Canion as Director For For Mgmt
5 Re-elect Robert Graham as Director For For Mgmt
6 Elect Thomas Fischer as Director For For Mgmt
7 Re-elect Bevis Longstreth as Director For For Mgmt
8 Elect James Robertson as Director For For Mgmt
9 Re-elect Stephen West as Director For For Mgmt
10 Reappoint Ernst and Young LLP as Auditors For For Mgmt
and Authorise Board to Fix Remuneration of
Auditors
11 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities with Pre-emptive
Rights up to Aggregate Nominal
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 43
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Amount of GBP 61,750,000
12 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities without
Pre-emptive Rights up to Aggregate Nominal
Amount of GBP 10,032,500
13 Authorise 80,260,000 Ordinary Shares for For For Mgmt
Market Purchase
14 Amend Articles of Association Re: For For Mgmt
Retirement of Directors by Rotation and
Repurchase of Shares to be Held in Treasury
15 Approve Amvescap International Sharesave For For Mgmt
Plan
04/29/04 - A ASTRAZENECA PLC (FORMERLY ZENECA PLC) G0593M107 None 6,520
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Confirm First Interim Dividend of USD 0.255 For For Mgmt
Per Ordinary Share and Confirm as the Final
Dividend the Second Interim Dividend of USD
0.540 Per Ordinary Share
3 Reappoint KPMG Audit Plc as Auditors of the For For Mgmt
Company
4 Authorise Board to Fix Remuneration of the For For Mgmt
Auditors
5a Re-elect Percy Barnevik as Director For For Mgmt
5b Re-elect Hakan Mogren as Director For For Mgmt
5c Re-elect Sir Tom McKillop as Director For For Mgmt
5d Re-elect Jonathan Symonds as Director For For Mgmt
5e Re-elect Sir Peter Bonfield as Director For For Mgmt
5f Re-elect John Buchanan as Director For For Mgmt
5g Re-elect Jane Henney as Director For For Mgmt
5h Elect Michele Hooper as Director For For Mgmt
5i Elect Joe Jimenez as Director For For Mgmt
5j Re-elect Erna Moller as Director For For Mgmt
5k Re-elect Dame Bridget Ogilvie as Director For For Mgmt
5l Elect Louis Schweitzer as Director For For Mgmt
5m Re-elect Marcus Wallenberg as Director For For Mgmt
6 Approve Remuneration Report For For Mgmt
7 Adopt New Articles of Association For For Mgmt
8 Authorise EU Political Donations up to For For Mgmt
Aggregate Nominal Amount of USD
150,000
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 44
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
9 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities with Pre-emptive
Rights up to Aggregate Nominal Amount of
USD 140,456,500
10 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities without
Pre-emptive Rights up to Aggregate Nominal
Amount of USD 21,068,745
11 Authorise up to 10 Percent of the Company's For For Mgmt
Issued Share Capital for Market Purchase
12 Approve Increase in Remuneration of For For Mgmt
Non-Executive Directors from GBP 750,000 to
GBP 1,100,000
04/29/04 - A DNB NOR ASA(FRMLY DNB HOLDING ASA R1812S105 None 12,524
(FORMERLY DEN NORSKE BANK AS))
1 Amend Articles Re: Decrease Number of For For Mgmt
Election Committees from Two to One;
Editorial Changes
2 Reelect Wenche Agerup, Rannveig Arentz, For For Mgmt
Nils Bastiansen, Herbjoern Hansson, Jan
Hopland, Finn Jebsen, Odd Lunde, Harald
Norvik, Marit Toensberg, and Tor Oewre as
Directors
3 Elect Svein Brustad as New Deputy Member of For For Mgmt
Control Committee
4 Elect Elisabeth Berge, Trond Mohn, Jan For For Mgmt
Solberg, and Joergen Toemmeraas as New
Members of Election Committee
5 Approve Financial Statements, Allocation of For For Mgmt
Income and Dividends of NOK 2.20 Per Share
6 Approve Remuneration of Auditors in the For For Mgmt
Amount of NOK 590,000 for 2003
7 Approve Remuneration of Directors, Members For For Mgmt
of Corporate Assembly, and Members of the
Election Committees
8 Authorize Repurchase of Up to Ten Percent For For Mgmt
of Issued Share Capital
SHAREHOLDER PROPOSALS
9 Shareholder Proposal: Unspecified Proposal None None ShrHoldr
Received from Kaare
Byrkjeland
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 45
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/29/04 - A HENNES & MAURITZ AB W41422101 04/19/04 13,450
1 Elect Chairman of Meeting For For Mgmt
2 Receive President's Report None None Mgmt
3 Prepare and Approve List of Shareholders For For Mgmt
4 Approve Agenda of Meeting For For Mgmt
5 Designate Inspector or Shareholder For For Mgmt
Representative(s) of Minutes of Meeting
6 Acknowledge Proper Convening of Meeting For For Mgmt
7 Receive Financial Statements and Statutory None None Mgmt
Reports
8.1 Accept Financial Statements and Statutory For For Mgmt
Reports
8.2 Approve Allocation of Income, Ordinary For For Mgmt
Dividends of SEK 2.90 Per Share, and
Special Dividends of SEK 3.10 Per Share
8.3 Approve Discharge of Board and President For For Mgmt
9 Determine Number of Members (7) and Deputy For For Mgmt
Members (2) of Board
10 Approve Remuneration of Directors in the For For Mgmt
Aggregate Amount of SEK 3.9 Million;
Approve Remuneration of Auditors
11 Reelect Fred Andersson, Werner Hofer, Sussi For For Mgmt
Kvart, Bo Lindquist, Stig Nordfelt, Stefan
Persson, and Melker Schoerling as
Directors; Reelect Jan Jacobsen and Rolf
Eriksen as Deputy Directors
SHAREHOLDER PROPOSALS
12.1A Shareholder Proposal: Authorize General Against For ShrHoldr
Meeting to Elect Members of Nominating
Committee
ORDINARY BUSINESS
12.1B Authorize Chairman of Board to Appoint Four For Against Mgmt
Representatives of Company's Largest
Shareholders to Serve on Nominating
Committee
SHAREHOLDER PROPOSALS
12.2 Shareholder Proposal: Authorize Board to Against For ShrHoldr
Establish a Remuneration Committee
12.3 Shareholder Proposal: Authorize Board Against For ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 46
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
to Establish an Audit Committee
ORDINARY BUSINESS
13 Other Business (Non-Voting) None None Mgmt
04/29/04 - S L'OREAL F58149133 None 2,540
SPECIAL BUSINESS
1 Remove Double-Voting Rights for Long-Term For ** Mgmt
Registered Shareholders, Pending Approval
of Item 3
2 Amend Articles of Association to Allow For ** Mgmt
Registered Shareholders to Register
Holdings in Their Name by the Day of the
Meeting, Pending Approval of Item 3
3 Approve Merger by Absorption of Gesparal; For ** Mgmt
Approve Dissolution of Gesparal without
Liquidation
4 Approve Reduction in Share Capital via For ** Mgmt
Cancellation of L'Oreal Shares Held by
Gesparal
5 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/29/04 - A L'OREAL F58149133 None 2,540
ORDINARY BUSINESS
1 Approve Financial Statements and Discharge For ** Mgmt
Directors
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Allocation of Income and Dividends For ** Mgmt
of EUR 1.10 per Share
4 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
5 Reelect Rainer E. Gut as Director For ** Mgmt
6 Elect Bernard Kasriel as Director For ** Mgmt
7 Approve Remuneration of Directors in the For ** Mgmt
Aggregate Amount of EUR 1 Million
8 Appoint PricewaterhouseCoopers Audit as For ** Mgmt
Auditors and Yves Nicolas as Deputy Auditor
9 Appoint Deloitte Touche Tohmatsu Audit as For ** Mgmt
Auditors and Jean-Paul Picard
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 47
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
as Deputy Auditor
10 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital
11 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/29/04 - A REED ELSEVIER NV (FORMERLY ELSEVIER N73430105 04/22/04 16,890
Nv)
1 Open Meeting None ** Mgmt
2 Documents Received None ** Mgmt
3 Receive Report of Management Board None ** Mgmt
4 Approve Financial Statements and Statutory For ** Mgmt
Reports
5 Approve Dividends of EUR 0.30 per Ordinary For ** Mgmt
Share
6 Discussion about Company's Corporate None ** Mgmt
Governance Report
7.1 Approve Discharge of Management Board For ** Mgmt
7.2 Approve Discharge of Supervisory Board For ** Mgmt
8 Reelect Deloitte Accountants as Auditors For ** Mgmt
10 Reelect G. van de Aast as Member of For ** Mgmt
Management Board
11 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital
12.1 Grant Board Authority to Issue Shares Up to For ** Mgmt
Ten Percent of Issued Share Capital
12.2 Grant Board Authority to Restrict/Exclude For ** Mgmt
Preemptive Rights for Share Issuance under
Item 12.1
13 Other Business None ** Mgmt
14 Close Meeting None ** Mgmt
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 48
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/29/04 - A ROYAL BANK OF SCOTLAND GROUP PLC G76891111 None 7,612
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Approve Final Dividend of 35.7 Pence Per For For Mgmt
Share
4 Re-elect Emilio Botin as Director For For Mgmt
5 Re-elect Lawrence Fish as Director For For Mgmt
6 Re-elect Sir Angus Grossart as Director For For Mgmt
7 Re-elect Sir George Mathewson as Director For For Mgmt
8 Re-elect Gordon Pell as Director For For Mgmt
9 Re-elect Iain Robertson as Director For For Mgmt
10 Re-elect Sir Iain Vallance as Director For For Mgmt
11 Re-appoint Deloitte and Touche LLP as For For Mgmt
Auditors of the Company
12 Authorise Board to Fix Remuneration of the For For Mgmt
Auditors
13 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities with Pre-emptive
Rights up to Aggregate Nominal Amount of
GBP 247,120,127
14 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities without
Pre-emptive Rights up to Aggregate Nominal
Amount of GBP 37,068,019
15 Authorise 296,544,152 Ordinary Shares for For For Mgmt
Market Purchase
16 Approve Increase in Authorised Capital by For For Mgmt
Creation of 110 Million Category II
Non-cumulative Dollar Preference Shares;
Issue Equity with Pre-emptive Rights up to
All the Existing Preference Shares
17 Amend Articles Re: Preference Shares For For Mgmt
04/29/04 - A TELEFONICA S.A. (FORMERLY TELEFONICA E90183182 None 20,176
DE ESPANA, S.A.)
1 Approve Financial Statements, Allocation of For For Mgmt
Income, and Discharge Directors
2 Approve Dividend Per Share For For Mgmt
3 Approve Auditors For For Mgmt
4 Authorize Repurchase of Shares For For Mgmt
5 Approve General Meeting Guidelines For For Mgmt
6 Authorize Board to Ratify and Execute For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 49
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Approved Resolutions
04/29/04 - A UNITED OVERSEAS BANK V96194127 None 10,000
1 Adopt Financial Statements and Directors' For For Mgmt
and Auditors' Reports
2 Declare Final Dividend of SGD 0.40 Per Share For For Mgmt
3 Approve Directors' Fees of SGD 618,750 For For Mgmt
4 Reappoint Ernst & Young as Auditors and For For Mgmt
Authorize Board to Fix Their Remuneration
5 Reelect Sim Wong Hoo as Director For For Mgmt
6 Reelect Lim Pin as Director For For Mgmt
7 Reelect Margaret Lien Wen Hsien as Director For For Mgmt
8 Reelect Ng Boon Yew as Director For For Mgmt
9 ReappointWee Cho Yaw as Director For For Mgmt
10 Approve Issuance of Shares and Grant of For For Mgmt
Options Pursuant to the 1999 Share Option
Scheme
11 Approve Issuance of Shares without For For Mgmt
Preemptive Rights
04/29/04 - S UNITED OVERSEAS BANK V96194127 None 10,000
1 Authorize Share Repurchase Program For For Mgmt
04/30/04 - A CREDIT SUISSE GROUP (FORMERLY CS H3698D419 None 13,350
HOLDING)
1 Accept Financial Statements and Statutory For ** Mgmt
Reports
2 Approve Discharge of Board and Senior For ** Mgmt
Management
3.1 Approve Allocation of Income and Omission For ** Mgmt
of Dividends
3.2 Approve CHF 597.5 Million Reduction in For ** Mgmt
Share Capital via Reduction in Par Value
and Repayment to Shareholders
4.2 Reelect KPMG Klynveld Peat Marwick For ** Mgmt
Goerdeler SA as Auditors
4.3 Reelect BDO Sofirom as Special Auditors For ** Mgmt
5.1 Amend Articles Re: Submission of For ** Mgmt
Shareholder Proposals
5.2 Amend Articles Re: Delete Provisions For ** Mgmt
Concerning Contributions In Kind
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 50
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
04/30/04 - A DBS GROUP HOLDINGS LTD. (FORMERLY Y20246107 None 16,000
DEVELOPMENT BANK OF SINGAPORE)
1 Adopt Financial Statements and Directors' For For Mgmt
and Auditors' Reports
2a Declare Final Dividend of SGD 0.16 Per For For Mgmt
Ordinary Share
2b Declare Final Dividend of SGD 0.16 Per For For Mgmt
Non-Voting Convertible Preference Share
2c Declare Final Dividend of SGD 0.16 Per For For Mgmt
Non-Voting Redeemable Convertible
Preference Share
3 Approve Directors' Fees of SGD 647,851 for For For Mgmt
the Year Ended Dec. 31, 2003
4 Reappoint Ernst & Young as Auditors and For For Mgmt
Authorize Board to Fix Their Remuneration
5a Reelect S. Dhanabalan as Director For For Mgmt
5b Reelect Bernard Chen Tien Lap as Director For For Mgmt
5c Reelect Fock Siew Wah as Director For For Mgmt
5d Reelect Kwa Chong Seng as Director For For Mgmt
5e Reelect Narayana Murthy as Director For For Mgmt
5f Reelect Frank Wong Kwong Shing as Director For For Mgmt
5g Reappoint Thean Lip Ping as Director For For Mgmt
6a Approve Issuance of Shares and Grant of For For Mgmt
Options Pursuant to the Share Option Plan
6b Approve Issuance of Shares and Grant of For For Mgmt
Options Pursuant to the Performance Share
Plan
6c Approve Issuance of Shares without For For Mgmt
Preemptive Rights
04/30/04 - S DBS GROUP HOLDINGS LTD. (FORMERLY Y20246107 None 16,000
DEVELOPMENT BANK OF SINGAPORE)
1 Amend Articles of Association For For Mgmt
2 Approve Issuance of Shares without For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 51
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Preemptive Rights
3 Authorize Share Repurchase Program For For Mgmt
04/30/04 - A TELEFONICA S.A. (FORMERLY TELEFONICA E90183182 None 18,966
DE ESPANA, S.A.)
1 Approve Financial Statements, Allocation of For For Mgmt
Income, and Discharge Directors
2 Approve Dividend Per Share For For Mgmt
3 Approve Auditors For For Mgmt
4 Authorize Repurchase of Shares For For Mgmt
5 Approve General Meeting Guidelines For For Mgmt
6 Authorize Board to Ratify and Execute For For Mgmt
Approved Resolutions
05/04/04 - A ERSTE BANK DER OESTER SPARK A19494102 None 1,840
1 Receive Financial Statements and Statutory None ** Mgmt
Reports
2 Approve Allocation of Income For ** Mgmt
3.a Approve Discharge of Management Board For ** Mgmt
3.b Approve Discharge of Supervisory Board For ** Mgmt
4 Approve Remuneration of Directors For ** Mgmt
5 Elect Supervisory Board Members For ** Mgmt
6 Ratify Auditors For ** Mgmt
7 Approve Spin-Off Agreement of FINAG-Holding For ** Mgmt
AG
8 Approve EUR 43.9 Million Capitalization of For ** Mgmt
Reserves
9 Approve 4:1 Stock Split For ** Mgmt
10 Approve Creation of EUR 16.7 Million Pool For ** Mgmt
of Conditional Capital with Preemptive
Rights
11 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital for Trading Purposes
12 Authorize Share Repurchase Program and For ** Mgmt
Reissuance of Repurchased Shares
13 Amend Articles For ** Mgmt
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 52
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/06/04 - A SANDVIK AB W74857165 04/26/04 6,990
1 Open Meeting None None Mgmt
2 Elect Chairman of Meeting For For Mgmt
3 Prepare and Approve List of Shareholders For For Mgmt
4 Approve Agenda of Meeting For For Mgmt
5 Designate Inspector or Shareholder For For Mgmt
Representative(s) of Minutes of Meeting
6 Acknowledge Proper Convening of Meeting For For Mgmt
7 Receive Financial Statements and Statutory None None Mgmt
Reports; Receive Board and Committee
Reports; Receive President's Report
8 Accept Financial Statements and Statutory For For Mgmt
Reports
9 Approve Discharge of Board and President For For Mgmt
10 Approve Allocation of Income and Dividends For For Mgmt
of SEK 10.50 Per Share
11 Determine Number of Members (8) and Deputy For For Mgmt
Members (0) of Board
12 Approve Remuneration of Directors in the For For Mgmt
Amount of SEK 975,000 for Chairman and SEK
325,000 for Other Board Members; Approve
Remuneration of SEK 200,000 for Committee
Work
13 Reelect George Ehrnrooth, Clas Aake For For Mgmt
Hedstroem, Sigrun Hjelmquist, Egil
Myklebust, Arne Maartensson, Lars Nyberg,
Anders Nyren, and Lars Pettersson as
Directors
14 Amend Articles Re: Specify that Audit Firm For For Mgmt
(One) or Individuals (Two or Three and Two
or Three Deputies) May be Appointed as
Auditor(s)
15 Determine Number of Auditors (One Audit For For Mgmt
Firm)
16 Approve Remuneration of Auditors For For Mgmt
17 Ratify KPMG Bohlins AB as Auditors For For Mgmt
18.1 Authorize Chairman of Board to Appoint Four For Against Mgmt
Representatives of Company's Largest
Shareholders to Serve on Nominating
Committee
SHAREHOLDER PROPOSALS
18.2 Shareholder Proposal: Authorize Against For ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 53
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
General Meeting to Elect Members of Nominating
Committee
ORDINARY BUSINESS
19 Authorize Repurchase of Up to Ten Percent For For Mgmt
of Issued Share Capital
05/06/04 - A/S SCHNEIDER ELECTRIC SA (FORMERLY F86921107 None 5,044
SCHNEIDER SA)
ORDINARY BUSINESS
1 Approve Financial Statements and Statutory For ** Mgmt
Reports
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
4 Approve Allocation of Income and Dividends For ** Mgmt
of EUR 1.65 per Share
5 Elect Caisse des Depots et Consignations, For ** Mgmt
Represented by Jerome Gallot, as Director
6 Elect Chris C. Richardson as Director For ** Mgmt
7 Reelect Alain Burq as Representative of For ** Mgmt
Employee Shareholders to the Board
8 Reelect Daniel Bouton as Director For ** Mgmt
9 Reelect Thierry Breton as Director For ** Mgmt
10 Reelect Willy Kissling as Director For ** Mgmt
11 Reelect Piero Sierra as Director For ** Mgmt
12 Reappoint Barbier Frinault et Autres (Ernst For ** Mgmt
& Young) as Auditors
13 Ratify Philippe Diu as Alternate Auditor to For ** Mgmt
Barbier Frinault et Autres (Ernst & Young)
14 Appoint Mazars & Guerard as Auditor For ** Mgmt
15 Ratify Charles Vincensini as Alternate For ** Mgmt
Auditor to Mazars & Guerard
16 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital
SPECIAL BUSINESS
17 Amend Articles of Association to Authorize For ** Mgmt
the Appointment of Censors
18 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
19 Approve Stock Option Plan Grants For ** Mgmt
20 Approve Reduction in Share Capital via For ** Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 54
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Cancellation of Repurchased Shares
21 Allow Board to Issue Shares in the Event of For ** Mgmt
a Public Tender Offer or Share Exchange
Offer
22 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
05/12/04 - A/S L'AIR LIQUIDE F01764103 None 2,060
ORDINARY BUSINESS
1 Approve Financial Statements and Statutory For ** Mgmt
Reports
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Allocation of Income and Dividends For ** Mgmt
of EUR 4.80 per Share
4 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital
5 Elect Rolf Krebs as Supervisory Board Member For ** Mgmt
6 Reelect Edouard Royere as Supervisory Board For ** Mgmt
Member
7 Ratify Ernst & Young as Auditors For ** Mgmt
8 Ratify Mazars & Guerard as Auditors For ** Mgmt
9 Ratify Valerie Quint as Alternate Auditor For ** Mgmt
10 Ratify Patrick De Cambourg as Alternate For ** Mgmt
Auditor
11 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
12 Authorize Issuance of Bonds/Debentures in For ** Mgmt
the Aggregat Value of Up to EUR 4 Billion
SPECIAL BUSINESS
13 Approve Reduction in Share Capital via For ** Mgmt
Cancellation of Repurchased Shares
14 Authorize Increase in Capital by For ** Mgmt
Capitalization of Reserves or by Issuance
of Equity or Equity-Linked Securities with
and without Preemptive Rights for an
Aggregate Nominal Amount Up to EUR 2 Billion
15 Authorize Issuance of Convertible Bonds For ** Mgmt
with and without Preemptive
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 55
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Rights and Approve Creation of EUR 1.5 Billion Pool
of Conditional Capital to Guarantee Conversion
Rights
16 Approve Stock Option Plan Grants For ** Mgmt
17 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
18 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
05/13/04 - A BAYERISCHE MOTOREN WERKE AG (BMW) D12096109 None 5,980
1 Receive Financial Statements and Statutory None ** Mgmt
Reports
2 Approve Allocation of Income and Dividends For ** Mgmt
of EUR 0.58 per Common Share and EUR 0.60
per Preference Share
3 Approve Discharge of Management Board For ** Mgmt
4 Approve Discharge of Supervisory Board For ** Mgmt
5 Ratify KPMG Deutsche Treuhand-Gesellschaft For ** Mgmt
AG as Auditors
6 Elect Volker Doppelfeld, Franz Haniel, For ** Mgmt
Arthur Kelly, Susanne Klatten, Hubert
Markl, Wolfgang Mayrhuber, Joachim Milberg,
Stefan Quandt, Juergen Strube, and
Hans-Dietrich Winkhaus to the Supervisory
Board
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
05/13/04 - A NEXT PLC G6500M106 None 6,520
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Approve Final Dividend of 24 Pence Ordinary For For Mgmt
Share
4 Elect Nick Brookes as Director For For Mgmt
5 Re-elect David Keens as Director For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 56
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
6 Re-appoint Ernst and Young LLP as Auditors For For Mgmt
and Authorise Board to Fix Remuneration of
Auditors
7 Authorise Directors to Alter the Rules of For For Mgmt
the Company's Employee Share Option Schemes
to Permit Options Granted Over Treasury
Shares
8 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities and the Sale of
Treasury Shares without Pre-emptive Rights
up to Aggregate Nominal Amount of GBP
1,300,000
9 Authorise 39 Million Ordinary Shares for For For Mgmt
Market Purchase
05/13/04 - A RECKITT BENCKISER PLC (FORMERLY G7420A107 None 23,254
RECKITT & COLMAN PLC )
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Approve Final Dividend of 14 Pence Per For For Mgmt
Ordinary Share
4 Re-elect George Greener as Director For For Mgmt
5 Re-elect Peter White as Director For For Mgmt
6 Re-elect Colin Day as Director For For Mgmt
7 Elect Judith Sprieser as Director For For Mgmt
8 Elect Kenneth Hydon as Director For For Mgmt
9 Re-appoint PricewaterhouseCoopers LLP as For For Mgmt
Auditors and Authorise Board to Fix
Remuneration of Auditors
10 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities with Pre-emptive
Rights up to Aggregate Nominal Amount of
GBP 24,842,000
11 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities without
Pre-emptive Rights up to Aggregate Nominal
Amount of GBP 3,726,000
12 Authorise 70,800,000 Ordinary Shares for For For Mgmt
Market Purchase
05/14/04 - A/S TOTAL S.A. (FORMERLY TOTAL FINA ELF F92124100 None 3,650
S.A )
ORDINARY BUSINESS
1 Approve Financial Statements and For ** Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 57
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Statutory Reports
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Allocation of Income and Net For ** Mgmt
Dividends of EUR 4.70 per Share
4 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
5 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital and Reissuance of
Repurchased Shares
6 Authorize Issuance of Bonds/Debentures For ** Mgmt
7 Reelect Thierry Desmarest as Director For ** Mgmt
8 Reelect Thierry de Rudder as Director For ** Mgmt
9 Reelect Serge Tchuruk as Director For ** Mgmt
10 Elect Daniel Boeuf as Representative of For ** Mgmt
Employee Shareholders to the Board
11 Elect Philippe Marchandise as Against ** Mgmt
Representative of Employee Shareholders to
the Board
12 Elect Cyril Mouche as Representative of Against ** Mgmt
Employee Shareholders to the Board
13 Elect Alan Cramer as Representative of Against ** Mgmt
Employee Shareholders to the Board
14 Ratify Ernst & Young Audit as Auditors For ** Mgmt
15 Ratify KPMG Audit as Auditors For ** Mgmt
16 Ratify Pierre Jouanne as Alternate Auditor For ** Mgmt
17 Ratify Jean-Luc Decornoy as Alternate For ** Mgmt
Auditor
18 Approve Remuneration of Directors in the For ** Mgmt
Aggregate Amount of EUR 900,000
SPECIAL BUSINESS
19 Approve Stock Option Plan Grants For ** Mgmt
20 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
EUR 4 Billion
21 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
EUR 2 Billion
22 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 58
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
05/17/04 - A WILLIAM HILL PLC G9645P117 None 28,860
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Approve Final Dividend of 9 Pence Per For For Mgmt
Ordinary Share
4 Re-elect David Allvey as Director For For Mgmt
5 Re-elect Barry Gibson as Director For For Mgmt
6 Re-appoint Deloitte and Touche LLP as For For Mgmt
Auditors of the Company
7 Authorise Board to Fix Remuneration of the For For Mgmt
Auditors
8 Amend the 2004 Senior Management Operating For For Mgmt
Bonus Scheme, the William Hill Executive
Director Incentive Plan, the William Hill
Long Term Incentive Plan and the William
Hill SAYE Share Option Schemes
9 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities with Pre-emptive
Rights up to Aggregate Nominal Amount of
GBP 14,060,370
10 Amend Articles of Association Re: For For Mgmt
Disapplication of Pre-emptive Rights
11 Amend Articles of Association Re: Treasury For For Mgmt
Shares
12 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities without
Pre-emptive Rights up to Aggregate Nominal
Amount Equal to Five Percent of the Issued
Share Capital
13 Authorise 42,811,111 Ordinary Shares for For For Mgmt
Market Purchase
05/19/04 - A/S CREDIT AGRICOLE SA F22797108 None 18,886
ORDINARY BUSINESS
1 Approve Financial Statements and Discharge For ** Mgmt
Directors
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Allocation of Income and For ** Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 59
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Dividends of EUR 0.825 per Share
4 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
5 Elect Alain Dieval as Director in For ** Mgmt
Replacement of Pierre Bastide
6 Elect Daniel Lebegue as Director in For ** Mgmt
Replacement of Jean Peyrelevade
7 Elect Michel Michaut as Director in For ** Mgmt
Replacement of Jean-Marie Sander
8 Reelect Pierre Bru as Director For ** Mgmt
9 Reelect Yves Couturier as Director For ** Mgmt
10 Reelect Pierre Kerfriden as Director For ** Mgmt
11 Reelect Jean Le Brun as Director For ** Mgmt
12 Confirm End of Term of Cabinet Alain Laine For ** Mgmt
as Auditors and Cabinet Mazars & Guerard as
Deputy Auditor and Appoint New Auditors
13 Authorize Issuance of Bonds/Debentures Up For ** Mgmt
to Aggregate Amount of EUR 20 Billion
14 Approve Remuneration of Directors in the For ** Mgmt
Aggregate Amount of EUR 670,000
15 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital
SPECIAL BUSINESS
16 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
EUR 1 Billion
17 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
EUR 1 Bilion
18 Authorize Capitalization of Reserves of Up For ** Mgmt
to EUR 3 Billion for Bonus Issue or
Increase in Par Value
19 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
20 Approve Reduction in Share Capital via For ** Mgmt
Cancellation of Repurchased Shares
21 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 60
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/21/04 - A BG GROUP PLC (FRM. BG PLC) G1245Z108 None 11,480
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Approve Final Dividend of 1.86 Pence Per For For Mgmt
Ordinary Share
4 Re-elect Peter Backhouse as Director For For Mgmt
5 Re-elect Paul Collins as Director For For Mgmt
6 Re-elect William Friedrich as Director For For Mgmt
7 Re-elect Lord Sharman as Director For For Mgmt
8 Re-elect Keith Mackrell as Director For For Mgmt
9 Re-appoint PricewaterhouseCoopers LLP as For For Mgmt
Auditors of the Company
10 Authorise Audit Committee to Fix For For Mgmt
Remuneration of the Auditors
11 Authorise EU Political Donations and EU For For Mgmt
Political Expenditure up to Aggregate
Nominal of GBP 25,000
12 Approve the Use of Treasury Shares for the For For Mgmt
Exercise of Options or the Vesting of Other
Share Awards Under the Company's Share
Schemes
13 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities with Pre-emptive
Rights up to Aggregate Nominal Amount of
GBP 117,730,026
14 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities without
Pre-emptive Rights up to Aggregate Nominal
Amount of GBP 17,659,504
15 Authorise 353,190,078 Ordinary Shares for For For Mgmt
Market Purchase
05/21/04 - A IRISH LIFE AND PERMANENT PLC (FRM. G4945H105 None 7,250
IRISH PERMANENT)
ORDINARY BUSINESS
1 Receive and Consider Financial Statements For For Mgmt
and Statutory Reports
2 Declare a Final Dividend For For Mgmt
3a Reelect Denis Casey as a Director For For Mgmt
3b Reelect Kieran McGowan as a Director For For Mgmt
3c Reelect Kevin Murphy as a Director For For Mgmt
3d Reelect Finbar Sheehan as a Director For For Mgmt
3e Reelect David Went as a Director For For Mgmt
4 Authorize Board to Fix Remuneration For For Mgmt
of Auditors
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 61
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
SPECIAL BUSINESS
5 Authorize Share Repurchase Program and For For Mgmt
Reissuance of Repurchased Shares
6 Authorize Board to Allot Equity Securities For For Mgmt
for Cash without Preemptive Rights up to
Aggregate Nominal Amount of Five Percent of
Issued and Outstanding Ordinary Share
Capital
05/24/04 - A/S SANOFI-SYNTHELABO (FORMERLY SANOFI) F5548N101 None 3,505
ORDINARY BUSINESS
1 Approve Financial Statements and Statutory For ** Mgmt
Reports
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Allocation of Income and Dividends For ** Mgmt
of EUR 1.53 per Share
4 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
5 Reelect Jean-Francois Dehecq as Director For ** Mgmt
6 Reelect Rene Barbier de la Serre as Director For ** Mgmt
7 Reelect Robert Castaigne as Director For ** Mgmt
8 Reelect Pierre Castres Saint Martin as For ** Mgmt
Director
9 Reelect Thierry Desmarest as Director For ** Mgmt
10 Reelect Pierre-Gilles de Gennes as Director For ** Mgmt
11 Reelect Herve Guerin as Director For ** Mgmt
12 Reelect Lindsay Owen-Jones as Director For ** Mgmt
13 Reelect Bruno Weymuller as Director For ** Mgmt
14 Elect Jean-Paul Leon as Director For ** Mgmt
15 Elect Christian Mulliez as Director For ** Mgmt
16 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital
17 Authorize Issuance of Bonds/Debentures in For ** Mgmt
the Aggregate Value of Up to EUR 7 Billion
SPECIAL BUSINESS
18 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 62
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Amount of EUR 750 Million
19 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
EUR 750 Million
20 Allow Board to Issue Shares in the Event of For ** Mgmt
a Public Tender Offer or Share Exchange
Offer
21 Authorize Capitalization of Reserves of Up For ** Mgmt
to EUR 500 Million for Bonus Issue or
Increase in Par Value
22 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
23 Approve Stock Option Plan Grants For ** Mgmt
24 Approve Reduction in Share Capital via For ** Mgmt
Cancellation of Repurchased Shares
25 Amend Articles to Reflect 2003 Legal For ** Mgmt
Changes Re: Powers of the Chairman
26 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED DUE TO SHAREBLOCKING RESTRICTION. THE
POTENTIAL IMPACT ON TRADING/LOAN SHARE ACTIVITIES WOULD
OUTWEIGH THE ECONOMIC VALUE OF THE VOTE.
06/03/04 - A KINGFISHER PLC G5256E441 None 60,569
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2 Approve Remuneration Report For For Mgmt
3 Approve Final Dividend of 6.15 Pence Per For For Mgmt
Ordinary Share
4 Elect Duncan Tatton-Brown as Director For For Mgmt
5 Re-elect Sir Francis Mackay as Director For For Mgmt
6 Re-elect Michael Hepher as Director For For Mgmt
7 Re-elect Margaret Salmon as Director For For Mgmt
8 Re-appoint PricewaterhouseCoopers LLP as For For Mgmt
Auditors and Authorise Board to Fix
Remuneration of Auditors
9 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities with Pre-emptive
Rights up to Aggregate Nominal Amount of
GBP 108,526,099
10 Approve Scrip Dividend For For Mgmt
11 Authorise Issuance of Equity or For For Mgmt
Equity-Linked Securities without
Pre-emptive Rights up to a Nominal Value of 5
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 63
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Percent of the Issued Share Capital of
the Company
12 Authorise 233,210,664 Ordinary Shares for For For Mgmt
Market Purchase
06/14/04 - A CNOOC LTD Y1662W117 06/07/04 370,500
1 Accept Financial Statements and Statutory For For Mgmt
Reports
2a Reelect Shouwei Zhou as Executive Director For For Mgmt
2b Reelect Kenneth S. Courtis as Independent For For Mgmt
Non-Executive Director
2c Reelect Erwin Schurtenberger as Independent For For Mgmt
Non-Executive Director
2d Reelect Evert Henkes as Independent For For Mgmt
Non-Executive Director
3 Reappoint Ernst & Young as Auditors and For For Mgmt
Authorize Board to Fix Their Remuneration
4 Approve Repurchase of Up to 10 Percent of For For Mgmt
Issued Capital
5 Approve Issuance of Equity or Equity-Linked For Against Mgmt
Securities without Preemptive Rights
6 Authorize Reissuance of Repurchased Shares For For Mgmt
SPECIAL BUSINESS
1 Amend Articles Re: Voting at General For For Mgmt
Meetings, Nomination and Removal of
Directors, Material Interest of Directors
in Contracts Entered into by the Company
06/23/04 - A HONDA MOTOR CO. LTD. J22302111 03/31/04 4,800
1 Approve Allocation of Income, Including the For For Mgmt
Following Dividends: Interim JY 19, Final
JY 23, Special JY 0
2 Amend Articles to: Authorize Share For For Mgmt
Repurchases at Board's Discretion
3 Elect Directors For For Mgmt
4.1 Appoint Internal Statutory Auditor For For Mgmt
4.2 Appoint Internal Statutory Auditor For For Mgmt
4.3 Appoint Internal Statutory Auditor For For Mgmt
5 Approve Adjustment to Aggregate For For Mgmt
Compensation Ceiling for Directors
6 Approve Payment of Annual Bonuses For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 64
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
to Directors and Statutory Auditors
7 Approve Retirement Bonuses for Directors For For Mgmt
and Statutory Auditor
06/23/04 - A/S SANOFI-SYNTHELABO (FORMERLY SANOFI) F5548N101 None 3,765
ORDINARY BUSINESS
1 Approve Financial Statements and Statutory For ** Mgmt
Reports
2 Accept Consolidated Financial Statements For ** Mgmt
and Statutory Reports
3 Approve Allocation of Income and Dividends For ** Mgmt
of EUR 1.53 per Share
4 Approve Special Auditors' Report Regarding For ** Mgmt
Related-Party Transactions
5 Authorize Repurchase of Up to Ten Percent For ** Mgmt
of Issued Share Capital
6 Authorize Issuance of Bonds/Debentures in For ** Mgmt
the Aggregate Value of EUR 7 Billion
SPECIAL BUSINESS
7 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities with Preemptive
Rights up to Aggregate Nominal Amount of
EUR 750 Million; Set Global Limit for
Capital Increase to Result from Issuance
Requests in Items 7-10 at EUR 1.25 Billion
8 Authorize Issuance of Equity or For ** Mgmt
Equity-Linked Securities without Preemptive
Rights up to Aggregate Nominal Amount of
EUR 750 Million
9 Allow Board to Issue Shares in the Event of For ** Mgmt
a Public Tender Offer or Share Exchange
Offer
10 Authorize Capitalization of Reserves of Up For ** Mgmt
to EUR 500 Million for Bonus Issue or
Increase in Par Value
11 Approve Capital Increase Reserved for For ** Mgmt
Employees Participating in Savings-Related
Share Purchase Plan
12 Approve Stock Option Plan Grants For ** Mgmt
13 Approve Reduction in Share Capital via For ** Mgmt
Cancellation of Repurchased Shares
14 Authorize Capital Increase of Up to EUR For ** Mgmt
1.429 Billion for Aventis
Exchange Offer
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 65
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
15 Change Company Name to Sanofi-Aventis For ** Mgmt
16 Amend Articles of Association to Reduce For ** Mgmt
Term of Board Members from Five to Four
Years
17 Amend Articles to Reflect 2003 Legal For ** Mgmt
Changes Re: Powers of the Chairman
18 Reelect Jean-Francois Dehecq as Director For ** Mgmt
(Representing Sanofi-Synthelabo)
19 Reelect Rene Barbier de la Serre as For ** Mgmt
Director (Representing Sanofi-Synthelabo)
20 Reelect Robert Castaigne as Director For ** Mgmt
(Representing Sanofi-Synthelabo)
21 Reelect Thierry Desmarest as Director For ** Mgmt
(Representing Sanofi-Synthelabo)
22 Reelect Lindsay Owen-Jones as Director For ** Mgmt
(Representing Sanofi-Synthelabo)
23 Reelect Bruno Weymuller as Director For ** Mgmt
(Representing Sanofi-Synthelabo)
24 Confirm Appointment of Lord Douro as For ** Mgmt
Director (Representing Sanofi-Synthelabo)
25 Confirm Appointment of Gerard Van Kemmel as For ** Mgmt
Director (Representing Sanofi-Synthelabo)
26 Elect Christian Mulliez as Director For ** Mgmt
(Representing Sanofi-Synthelabo)
27 Elect Jean-Marc Bruel as Director For ** Mgmt
(Representing Aventis)
28 Elect Jurgen Dormann as Director For ** Mgmt
(Representing Aventis)
29 Elect Jean-Rene Fourtou as Director For ** Mgmt
(Representing Aventis)
30 Elect Serge Kampf as Director (Representing For ** Mgmt
Aventis)
31 Elect Igor Landau as Director (Representing For ** Mgmt
Aventis)
32 Elect Hubert Markl as Director For ** Mgmt
(Representing Aventis)
33 Elect Klaus Pohle as Director (Representing For ** Mgmt
Aventis)
34 Elect Hermann Scholl as Director For ** Mgmt
(Representing Aventis)
35 Confirm End of Term of Permanent For ** Mgmt
Representative of Elf Aquitaine, L'Oreal,
Pierre Castres Saint-Martin,
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 66
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Pierre-Gilles de Gennes, and Herve
Guerin as Directors
36 Approve Remuneration of Directors in the For ** Mgmt
Aggregate Amount of Up to EUR 1 Million
37 Authorize Filing of Required For ** Mgmt
Documents/Other Formalities
** NOT VOTED PER CLIENT INSTRUCTION.
06/24/04 - A KDDI CORPORATION (FRM. DDI CORP.) J31843105 03/31/04 33
1 Approve Allocation of Income, Including the For For Mgmt
Following Dividends: Interim JY 1200, Final
JY 2400, Special JY 0
2 Amend Articles to: Abolish Retirement Bonus For Against Mgmt
System - Authorize Share Repurchases at
Board's Discretion
3 Approve Executive Stock Option Plan For For Mgmt
4 Amend Stock Option Plans Approved at 2002 For For Mgmt
and 2003 AGMs
5.1 Appoint Internal Statutory Auditor For For Mgmt
5.2 Appoint Internal Statutory Auditor For For Mgmt
5.3 Appoint Internal Statutory Auditor For Against Mgmt
5.4 Appoint Internal Statutory Auditor For Against Mgmt
6 Approve Retirement Bonuses for Statutory For For Mgmt
Auditors
7 Approve Special Payments to Directors and For For Mgmt
Statutory Auditor in Connection with the
Abolition of Retirement Bonus System
06/25/04 - A SEIKO EPSON CORP. J7030F105 03/31/04 5,100
1 Approve Allocation of Income, Including the For For Mgmt
Following Dividends: Interim JY 9, Final JY
9, Special JY 0
2 Approve Bonus Payments to Directors and For For Mgmt
Statutory Auditors
3 Approve Transfer of Company's LCD Display For For Mgmt
Operations to Joint-Venture with Sanyo
Electric
4 Amend Articles to: Authorize Share For Against Mgmt
Repurchases at Board's Discretion - Limit
Directors' Legal Liability
5 Elect Directors For For Mgmt
6.1 Appoint Internal Statutory Auditor For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 67
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
6.2 Appoint Internal Statutory Auditor For Against Mgmt
6.3 Appoint Internal Statutory Auditor For For Mgmt
6.4 Appoint Internal Statutory Auditor For For Mgmt
7 Approve Retirement Bonuses for Directors For Against Mgmt
and Statutory Auditors
06/25/04 - A YAMAHA CORP. J95732103 03/31/04 9,800
1 Approve Allocation of Income, Including the For For Mgmt
Following Dividends: Interim JY 5, Final JY
10, Special JY 0
2 Amend Articles to: Authorize Share For For Mgmt
Repurchases at Board's Discretion
3 Elect Directors For For Mgmt
4 Appoint Internal Statutory Auditor For For Mgmt
5 Approve Retirement Bonus for Director For For Mgmt
06/29/04 - A CITIZEN WATCH CO. LTD. J07938111 03/31/04 22,000
1 Approve Allocation of Income, Including the For For Mgmt
Following Dividends: Interim JY 4.5, Final
JY 5.5, Special JY 0
2 Amend Articles to: Authorize Share For For Mgmt
Repurchases at Board's Discretion - Limit
Liability of Directors and Statutory
Auditors - Authorize Appointment of
Alternate Statutory Auditors
3 Approve Executive Stock Option Plan For For Mgmt
4 Elect Directors For For Mgmt
5.1 Appoint Internal Statutory Auditor For Against Mgmt
5.2 Appoint Internal Statutory Auditor For For Mgmt
5.3 Appoint Internal Statutory Auditor For Against Mgmt
6 Appoint Alternate Internal Statutory Auditor For For Mgmt
7 Approve Retirement Bonuses for Directors For For Mgmt
06/29/04 - A MURATA MANUFACTURING CO. LTD. J46840104 03/31/04 3,100
1 Approve Allocation of Income, Including the For For Mgmt
Following Dividends: Interim JY 25, Final
JY 25, Special JY 0
2 Amend Articles to: Decrease For Against Mgmt
Authorized Capital to Reflect Share
Repurchase from 600 Million to 590
Million Shares - Authorize Share
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 68
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF MFS INTERNATIONAL LARGE-CAP FUND
Mtg Company/Ticker Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Repurchases at Board's Discretion
3 Elect Directors For For Mgmt
4.1 Appoint Internal Statutory Auditor For For Mgmt
4.2 Appoint Internal Statutory Auditor For For Mgmt
5 Approve Special Payments to Continuing For Against Mgmt
Directors and Statutory Auditors in
Connection with the Abolition of Retirement
Bonus System and Approve Retirement Bonus
to Statutory Auditor
6 Approve Executive Stock Option Plan For For Mgmt
06/29/04 - A TOKYO GAS CO. LTD. J87000105 03/31/04 48,640
1 Approve Allocation of Income, Including the For For Mgmt
Following Dividends: Interim JY 3, Final JY
4, Special JY 0
2 Amend Articles to: Allow Appointment of For For Mgmt
Alternate Statutory Auditors - Authorize
Share Repurchases at Board's Discretion
3 Authorize Share Repurchase Program For For Mgmt
4 Elect Directors For For Mgmt
5 Appoint Internal Statutory Auditor For For Mgmt
6 Approve Retirement Bonuses for Directors For Against Mgmt
and Statutory Auditor
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 69
A - Annual
S - Special
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PIMCO INFLATION MANAGED FUND
The registrant did not hold any portfolio securities with respect to which the
registrant was entitled to vote during the period from July 1, 2003 through June
30, 2004.
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PIMCO MANAGED BOND FUND
Proposal by Voting Vote Cast For
Issuer or Result: For, or Against
Company Notification Mtg Security Vote Against, Management or
Date Date Security Ballot Issues Holder Cast Abstain Abstain
Washington Mutual 07/11/03 07/18/03 929227TS5 Consent to Amend Pooling Issuer Y For For
And Service Agreement
QWEST 11/21/03 N/A 74913EAH3 Consent to the amendments Issuer Y Abstain Abstain
in the Indenture
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PACIFIC LIFE MONEY MARKET FUND
The registrant did not hold any portfolio securities with respect to which the
registrant was entitled to vote during the period from July 1, 2003 through June
30, 2004.
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Dell Inc. DELL 247025109 7/18/03 1.1 Elect Director Michael A. Miles M For Withhold
Dell Inc. DELL 247025109 7/18/03 1.2 Elect Director Alex J. Mandl M For Withhold
Dell Inc. DELL 247025109 7/18/03 1.3 Elect Director Morton L. Topfer M For Withhold
Dell Inc. DELL 247025109 7/18/03 2 Declassify the Board of Directors M For For
Dell Inc. DELL 247025109 7/18/03 3 Change Company Name M For For
Dell Inc. DELL 247025109 7/18/03 4 Approve Executive Incentive Bonus M For For
Plan
BEA Systems, Inc. BEAS 073325102 7/11/03 1.1 Elect Director William T. Coleman
III M For For
BEA Systems, Inc. BEAS 073325102 7/11/03 1.2 Elect Director Dale Crandall M For For
BEA Systems, Inc. BEAS 073325102 7/11/03 1.3 Elect Director William H. Janeway M For For
BEA Systems, Inc. BEAS 073325102 7/11/03 2 Approve Executive Incentive M For For
Bonus Plan
BEA Systems, Inc. BEAS 073325102 7/11/03 3 Ratify Auditors M For For
Steris Corp. STE 859152100 7/25/03 1.1 Elect Director Stephen R. Hardis M For For
Steris Corp. STE 859152100 7/25/03 1.2 Elect Director Raymond A. Lancaster M For For
Steris Corp. STE 859152100 7/25/03 1.3 Elect Director J.B. Richey M For For
Steris Corp. STE 859152100 7/25/03 1.4 Elect Director Les C. Vinney M For For
Steris Corp. STE 859152100 7/25/03 2 Declassify the Board of Directors S Against For
H&R Block, Inc. HRB 093671105 9/10/03 1.1 Elect Director G. Kenneth Baum M For For
H&R Block, Inc. HRB 093671105 9/10/03 1.2 Elect Director Henry F. Frigon M For For
H&R Block, Inc. HRB 093671105 9/10/03 1.3 Elect Director Roger W. Hale M For For
H&R Block, Inc. HRB 093671105 9/10/03 2 Amend Omnibus Stock Plan M For For
H&R Block, Inc. HRB 093671105 9/10/03 3 Ratify Auditors M For For
Medtronic, Inc. MDT 585055106 8/28/03 1.1 Elect Director Richard H. Anderson M For Withhold
Medtronic, Inc. MDT 585055106 8/28/03 1.2 Elect Director Michael R. M For Withhold
Bonsignore
Medtronic, Inc. MDT 585055106 8/28/03 1.3 Elect Director Gordon M. Sprenger M For Withhold
Medtronic, Inc. MDT 585055106 8/28/03 2 Ratify Auditors M For For
Medtronic, Inc. MDT 585055106 8/28/03 3 Approve Omnibus Stock Plan M For For
Medtronic, Inc. MDT 585055106 8/28/03 4 Approve Executive Incentive M For For
Bonus Plan
Forest Laboratories, Inc. FRX 345838106 8/11/03 1.1 Elect Director Howard Solomon M For Withhold
Forest Laboratories, Inc. FRX 345838106 8/11/03 1.2 Elect Director William J. M For Withhold
Candee, III
Forest Laboratories, Inc. FRX 345838106 8/11/03 1.3 Elect Director George S. Cohan M For Withhold
Forest Laboratories, Inc. FRX 345838106 8/11/03 1.4 Elect Director Dan L. Goldwasser M For Withhold
Forest Laboratories, Inc. FRX 345838106 8/11/03 1.5 Elect Director Lester B. M For Withhold
Salans, M.D.
Forest Laboratories, Inc. FRX 345838106 8/11/03 1.6 Elect Director Kenneth E. Goodman M For Withhold
Forest Laboratories, Inc. FRX 345838106 8/11/03 1.7 Elect Director Phillip M. Satow M For Withhold
Forest Laboratories, Inc. FRX 345838106 8/11/03 2 Increase Authorized Common Stock M For For
Forest Laboratories, Inc. FRX 345838106 8/11/03 3 Ratify Auditors M For For
Computer Associates CA 204912109 8/27/03 1.1 Elect Director Russell M. Artzt M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.2 Elect Director Kenneth Cron M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.3 Elect Director Alfonse M. D'Amato M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.4 Elect Director Gary J. Fernandes M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.5 Elect Director Sanjay Kumar M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.6 Elect Director Robert E. La Blanc M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.7 Elect Director Jay W. Lorsch M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.8 Elect Director Lewis S. Ranieri M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.9 Elect Director Walter P. Schuetze M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.10 Elect Director Alex Serge Vieux M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 2 Approve Non-Employee Director M For For
International, Inc. Omnibus Stock Plan
Computer Associates CA 204912109 8/27/03 3 Ratify Auditors M For For
International, Inc.
GTECH Holdings Corp. GTK 400518106 8/4/03 1.1 Elect Director Burnett W. Donoho M For For
GTECH Holdings Corp. GTK 400518106 8/4/03 1.2 Elect Director James F. McCann M For For
GTECH Holdings Corp. GTK 400518106 8/4/03 1.3 Elect Director W. Bruce Turner M For For
GTECH Holdings Corp. GTK 400518106 8/4/03 2 Approve Executive Incentive M For For
Bonus Plan
GTECH Holdings Corp. GTK 400518106 8/4/03 3 Ratify Auditors M For For
QLogic Corp. QLGC 747277101 8/26/03 1.1 Elect Director H.K. Desai M For For
QLogic Corp. QLGC 747277101 8/26/03 1.2 Elect Director Larry R. Carter M For For
QLogic Corp. QLGC 747277101 8/26/03 1.3 Elect Director James R. Fiebiger M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
QLogic Corp. QLGC 747277101 8/26/03 1.4 Elect Director Balakrishnan S. M For For
Iyer
QLogic Corp. QLGC 747277101 8/26/03 1.5 Elect Director Carol L. Miltner M For For
QLogic Corp. QLGC 747277101 8/26/03 1.6 Elect Director George D. Wells M For For
QLogic Corp. QLGC 747277101 8/26/03 2 Amend Omnibus Stock Plan M For Against
QLogic Corp. QLGC 747277101 8/26/03 3 Ratify Auditors M For For
Symantec Corp. SYMC 871503108 8/21/03 1.1 Elect Director Tania Amochaev M For For
Symantec Corp. SYMC 871503108 8/21/03 1.2 Elect Director William Coleman M For For
Symantec Corp. SYMC 871503108 8/21/03 1.3 Elect Director Dr. Per-Kristian M For For
Halvorsen
Symantec Corp. SYMC 871503108 8/21/03 1.4 Elect Director David Mahoney M For For
Symantec Corp. SYMC 871503108 8/21/03 1.5 Elect Director Robert S. Miller M For For
Symantec Corp. SYMC 871503108 8/21/03 1.6 Elect Director Bill Owens M For For
Symantec Corp. SYMC 871503108 8/21/03 1.7 Elect Director George Reyes M For For
Symantec Corp. SYMC 871503108 8/21/03 1.8 Elect Director Daniel H. Schulman M For For
Symantec Corp. SYMC 871503108 8/21/03 1.9 Elect Director John W. Thompson M For For
Symantec Corp. SYMC 871503108 8/21/03 2 Increase Authorized Common Stock M For For
Symantec Corp. SYMC 871503108 8/21/03 3 Amend Stock Option Plan M For Against
Symantec Corp. SYMC 871503108 8/21/03 4 Approve Executive Incentive M For For
Bonus Plan
Symantec Corp. SYMC 871503108 8/21/03 5 Ratify Auditors M For For
Paychex, Inc. PAYX 704326107 10/2/03 1.1 Elect Director B. Thomas Golisano M For Withhold
Paychex, Inc. PAYX 704326107 10/2/03 1.2 Elect Director Betsy S. Atkins M For Withhold
Paychex, Inc. PAYX 704326107 10/2/03 1.3 Elect Director G. Thomas Clark M For Withhold
Paychex, Inc. PAYX 704326107 10/2/03 1.4 Elect Director David J. S. M For Withhold
Flaschen
Paychex, Inc. PAYX 704326107 10/2/03 1.5 Elect Director Phillip Horsley M For Withhold
Paychex, Inc. PAYX 704326107 10/2/03 1.6 Elect Director Grant M. Inman M For Withhold
Paychex, Inc. PAYX 704326107 10/2/03 1.7 Elect Director J. Robert Sebo M For Withhold
Paychex, Inc. PAYX 704326107 10/2/03 1.8 Elect Director Joseph M. Tucci M For Withhold
Oracle Corp. ORCL 68389X105 10/13/03 1.1 Elect Director Lawrence J. Ellison M For For
Oracle Corp. ORCL 68389X105 10/13/03 1.2 Elect Director Donald L. Lucas M For For
Oracle Corp. ORCL 68389X105 10/13/03 1.3 Elect Director Michael J. Boskin M For For
Oracle Corp. ORCL 68389X105 10/13/03 1.4 Elect Director Jeffrey O. Henley M For For
Oracle Corp. ORCL 68389X105 10/13/03 1.5 Elect Director Jack F. Kemp M For For
Oracle Corp. ORCL 68389X105 10/13/03 1.6 Elect Director Jeffrey Berg M For For
Oracle Corp. ORCL 68389X105 10/13/03 1.7 Elect Director Safra Catz M For For
Oracle Corp. ORCL 68389X105 10/13/03 1.8 Elect Director Hector M For For
Garcia-Molina
Oracle Corp. ORCL 68389X105 10/13/03 1.9 Elect Director Joseph A. Grundfest M For For
Oracle Corp. ORCL 68389X105 10/13/03 1.10 Elect Director H. Raymond Bingham M For For
Oracle Corp. ORCL 68389X105 10/13/03 2 Approve Executive Incentive M For For
Bonus Plan
Oracle Corp. ORCL 68389X105 10/13/03 3 Ratify Auditors M For For
Oracle Corp. ORCL 68389X105 10/13/03 4 Amend Non-Employee Director M For For
Omnibus Stock Plan
Oracle Corp. ORCL 68389X105 10/13/03 5 Implement China Principles S Against Against
Cisco Systems, Inc. CSCO 17275R102 11/11/03 1.1 Elect Director Carol A. Bartz M For For
Cisco Systems, Inc. CSCO 17275R102 11/11/03 1.2 Elect Director Larry R. Carter M For For
Cisco Systems, Inc. CSCO 17275R102 11/11/03 1.3 Elect Director John T. Chambers M For For
Cisco Systems, Inc. CSCO 17275R102 11/11/03 1.4 Elect Director Dr. James F. M For For
Gibbons
Cisco Systems, Inc. CSCO 17275R102 11/11/03 1.5 Elect Director Dr. John L. M For For
Hennessy
Cisco Systems, Inc. CSCO 17275R102 11/11/03 1.6 Elect Director Roderick C. McGeary M For For
Cisco Systems, Inc. CSCO 17275R102 11/11/03 1.7 Elect Director James C. Morgan M For For
Cisco Systems, Inc. CSCO 17275R102 11/11/03 1.8 Elect Director John P. Morgridge M For For
Cisco Systems, Inc. CSCO 17275R102 11/11/03 1.9 Elect Director Donald T. Valentine M For For
Cisco Systems, Inc. CSCO 17275R102 11/11/03 1.10 Elect Director Steven M. West M For For
Cisco Systems, Inc. CSCO 17275R102 11/11/03 1.11 Elect Director Jerry Yang M For For
Cisco Systems, Inc. CSCO 17275R102 11/11/03 2 Amend Employee Stock Purchase Plan M For For
Cisco Systems, Inc. CSCO 17275R102 11/11/03 3 Ratify Auditors M For For
Cisco Systems, Inc. CSCO 17275R102 11/11/03 4 Report on Company Products Used S Against Against
by the Government to Monitor the
Internet
Cisco Systems, Inc. CSCO 17275R102 11/11/03 5 Report on Pay Disparity S Against Against
The Procter & Gamble PG 742718109 10/14/03 1.1 Elect Director Norman R. Augustine M For For
Company
The Procter & Gamble PG 742718109 10/14/03 1.2 Elect Director A.G. Lafley M For For
Company
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
The Procter & Gamble PG 742718109 10/14/03 1.3 Elect Director Johnathan A. Rodgers M For For
Company
The Procter & Gamble PG 742718109 10/14/03 1.4 Elect Director John F. Smith, Jr. M For For
Company
The Procter & Gamble PG 742718109 10/14/03 1.5 Elect Director Margaret C. Whitman M For For
Company
The Procter & Gamble PG 742718109 10/14/03 2 Ratify Auditors M For For
Company
The Procter & Gamble PG 742718109 10/14/03 3 Approve Non-Employee Director M For For
Company Omnibus Stock Plan
The Procter & Gamble PG 742718109 10/14/03 4 Declassify the Board of Directors S Against For
Company
The Procter & Gamble PG 742718109 10/14/03 5 Label Genetically Engineered Foods S Against Against
Company
Fidelity National FNF 316326107 9/29/03 1 Increase Authorized Common Stock M For For
Financial, Inc.
Fidelity National FNF 316326107 9/29/03 2.1 Elect Director Terry N. M For Withhold
Financial, Inc. Christensen
Fidelity National FNF 316326107 9/29/03 2.2 Elect Director John F. M For Withhold
Financial, Inc. Farrell, Jr.
Fidelity National FNF 316326107 9/29/03 2.3 Elect Director Philip G. Heasley M For Withhold
Financial, Inc.
Fidelity National FNF 316326107 9/29/03 2.4 Elect Director Daniel D. (Ron) M For Withhold
Financial, Inc. Lane
Fidelity National FNF 316326107 9/29/03 2.5 Elect Director J. Thomas Talbot M For Withhold
Financial, Inc.
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.1 Elect Director Bruce L. Downey M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.2 Elect Director Paul M. Bisaro M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.3 Elect Director Carole S. M For Withhold
Ben-Maimon
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.4 Elect Director George P. Stephan M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.5 Elect Director Jack M. Kay M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.6 Elect Director Harold N. Chefitz M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.7 Elect Director Richard R. M For Withhold
Frankovic
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.8 Elect Director Peter R. Seaver M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.9 Elect Director James S. M For Withhold
Gilmore, III
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 2 Change State of Incorporation M For For
from New York to Delaware
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 3 Increase Authorized Common Stock M For For
KLA-Tencor Corp. KLAC 482480100 11/5/03 1.a Elect Director H. Raymond Bingham M For For
KLA-Tencor Corp. KLAC 482480100 11/5/03 1.b Elect Director Robert T. Bond M For For
KLA-Tencor Corp. KLAC 482480100 11/5/03 1.c Elect Director Richard J. M For For
Elkus, Jr.
KLA-Tencor Corp. KLAC 482480100 11/5/03 1.d Elect Director Michael E. Marks M For For
KLA-Tencor Corp. KLAC 482480100 11/5/03 2 Ratify Auditors M For For
Automatic Data ADP 053015103 11/11/03 1.1 Elect Director Gregory D. M For For
Processing, Inc. Brenneman
Automatic Data ADP 053015103 11/11/03 1.2 Elect Director Leslie A. Brun M For For
Processing, Inc.
Automatic Data ADP 053015103 11/11/03 1.3 Elect Director Gary C. Butler M For For
Processing, Inc.
Automatic Data ADP 053015103 11/11/03 1.4 Elect Director Joseph A. M For For
Processing, Inc. Califano, Jr.
Automatic Data ADP 053015103 11/11/03 1.5 Elect Director Leon G. Cooperman M For For
Processing, Inc.
Automatic Data ADP 053015103 11/11/03 1.6 Elect Director Ann Dibble Jordan M For For
Processing, Inc.
Automatic Data ADP 053015103 11/11/03 1.7 Elect Director Harvey M. Krueger M For Withhold
Processing, Inc.
Automatic Data ADP 053015103 11/11/03 1.8 Elect Director Frederic V. Malek M For For
Processing, Inc.
Automatic Data ADP 053015103 11/11/03 1.9 Elect Director Henry Taub M For For
Processing, Inc.
Automatic Data ADP 053015103 11/11/03 1.10 Elect Director Arthur F. Weinbach M For For
Processing, Inc.
Automatic Data ADP 053015103 11/11/03 1.11 Elect Director Josh S. Weston M For For
Processing, Inc.
Automatic Data ADP 053015103 11/11/03 2 Amend Stock Option Plan M For Against
Processing, Inc.
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Automatic Data ADP 053015103 11/11/03 3 Amend Employee Stock Purchase Plan M For For
Processing, Inc.
Automatic Data ADP 053015103 11/11/03 4 Approve Outside Director Stock M For For
Processing, Inc. Awards in Lieu of Cash
Automatic Data ADP 053015103 11/11/03 5 Ratify Auditors M For For
Processing, Inc.
Boston Scientific Corp. BSX 101137107 10/6/03 1 Increase Authorized Common Stock M For For
Affiliated Computer ACS 008190100 10/30/03 1.1 Elect Director Darwin Deason M For For
Services, Inc.
Affiliated Computer ACS 008190100 10/30/03 1.2 Elect Director Jeffrey A. Rich M For For
Services, Inc.
Affiliated Computer ACS 008190100 10/30/03 1.3 Elect Director Mark A. King M For For
Services, Inc.
Affiliated Computer ACS 008190100 10/30/03 1.4 Elect Director Joseph P. O'Neill M For For
Services, Inc.
Affiliated Computer ACS 008190100 10/30/03 1.5 Elect Director Frank A. Rossi M For For
Services, Inc.
Affiliated Computer ACS 008190100 10/30/03 1.6 Elect Director J. Livingston M For For
Services, Inc. Kosberg
Affiliated Computer ACS 008190100 10/30/03 1.7 Elect Director Dennis McCuistion M For For
Services, Inc.
Affiliated Computer ACS 008190100 10/30/03 2 Approve Executive Incentive M For For
Services, Inc. Bonus Plan
Affiliated Computer ACS 008190100 10/30/03 3 Ratify Auditors M For For
Services, Inc.
Linear Technology Corp. LLTC 535678106 11/5/03 1.1 Elect Director Robert H. M For Withhold
Swanson, Jr.
Linear Technology Corp. LLTC 535678106 11/5/03 1.2 Elect Director David S. Lee M For Withhold
Linear Technology Corp. LLTC 535678106 11/5/03 1.3 Elect Director Leo T. McCarthy M For Withhold
Linear Technology Corp. LLTC 535678106 11/5/03 1.4 Elect Director Richard M. Moley M For Withhold
Linear Technology Corp. LLTC 535678106 11/5/03 1.5 Elect Director Thomas S. Volpe M For Withhold
Linear Technology Corp. LLTC 535678106 11/5/03 2 Ratify Auditors M For For
Cardinal Health, Inc. CAH 14149Y108 11/5/03 1.1 Elect Director Dave Bing M For For
Cardinal Health, Inc. CAH 14149Y108 11/5/03 1.2 Elect Director John F. Finn M For For
Cardinal Health, Inc. CAH 14149Y108 11/5/03 1.3 Elect Director John F. Havens M For For
Cardinal Health, Inc. CAH 14149Y108 11/5/03 1.4 Elect Director David W. Raisbeck M For For
Cardinal Health, Inc. CAH 14149Y108 11/5/03 1.5 Elect Director Robert D. Walter M For For
SYSCO Corporation SYY 871829107 11/7/03 1.1 Elect Director Jonathan Golden as M For Withhold
Class II Director
SYSCO Corporation SYY 871829107 11/7/03 1.2 Elect Director Joseph A. Hafner, M For For
Jr. as Class II Director
SYSCO Corporation SYY 871829107 11/7/03 1.3 Elect Director Thomas E. Lankford M For For
as Class II Director
SYSCO Corporation SYY 871829107 11/7/03 1.4 Elect Director Richard J. M For For
Schnieders as Class II Director
SYSCO Corporation SYY 871829107 11/7/03 1.5 Elect Director John K. M For For
Stubblefield, Jr. as Class III
Director
SYSCO Corporation SYY 871829107 11/7/03 2 Increase Authorized Common Stock M For For
SYSCO Corporation SYY 871829107 11/7/03 3 Approve Omnibus Stock Plan M For For
SYSCO Corporation SYY 871829107 11/7/03 4 Report on the Impact of S Against Against
Genetically Engineered Products
CBRL Group, Inc. CBRL 12489V106 11/25/03 1.1 Elect Director James D. Carreker M For Withhold
CBRL Group, Inc. CBRL 12489V106 11/25/03 1.2 Elect Director Robert V. Dale M For Withhold
CBRL Group, Inc. CBRL 12489V106 11/25/03 1.3 Elect Director Dan W. Evins M For Withhold
CBRL Group, Inc. CBRL 12489V106 11/25/03 1.4 Elect Director Robert C. Hilton M For Withhold
CBRL Group, Inc. CBRL 12489V106 11/25/03 1.5 Elect Director Charles E. M For Withhold
Jones, Jr.
CBRL Group, Inc. CBRL 12489V106 11/25/03 1.6 Elect Director B. F. 'Jack' Lowery M For Withhold
CBRL Group, Inc. CBRL 12489V106 11/25/03 1.7 Elect Director Gordon L. Miller M For Withhold
CBRL Group, Inc. CBRL 12489V106 11/25/03 1.8 Elect Director Martha M. Mitchell M For Withhold
CBRL Group, Inc. CBRL 12489V106 11/25/03 1.9 Elect Director Andrea M. Weiss M For Withhold
CBRL Group, Inc. CBRL 12489V106 11/25/03 1.10 Elect Director Jimmie D. White M For Withhold
CBRL Group, Inc. CBRL 12489V106 11/25/03 1.11 Elect Director Michael A. M For Withhold
Woodhouse
CBRL Group, Inc. CBRL 12489V106 11/25/03 2 Ratify Auditors M For For
Harris Corp. HRS 413875105 10/24/03 1.1 Elect Director Joseph L. Dionne M For For
Harris Corp. HRS 413875105 10/24/03 1.2 Elect Director David B. Rickard M For For
Harris Corp. HRS 413875105 10/24/03 1.3 Elect Director Gregory T. Swienton M For For
Harris Corp. HRS 413875105 10/24/03 2 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Microsoft Corp. MSFT 594918104 11/11/03 1.1 Elect Director William H. M For Withhold
Gates, III
Microsoft Corp. MSFT 594918104 11/11/03 1.2 Elect Director Steven A. Ballmer M For Withhold
Microsoft Corp. MSFT 594918104 11/11/03 1.3 Elect Director James I. Cash, M For Withhold
Jr., Ph.D.
Microsoft Corp. MSFT 594918104 11/11/03 1.4 Elect Director Raymond V. M For Withhold
Gilmartin
Microsoft Corp. MSFT 594918104 11/11/03 1.5 Elect Director Ann McLaughlin M For Withhold
Korologos
Microsoft Corp. MSFT 594918104 11/11/03 1.6 Elect Director David F. Marquardt M For Withhold
Microsoft Corp. MSFT 594918104 11/11/03 1.7 Elect Director Charles H. Noski M For Withhold
Microsoft Corp. MSFT 594918104 11/11/03 1.8 Elect Director Dr. Helmut Panke M For Withhold
Microsoft Corp. MSFT 594918104 11/11/03 1.9 Elect Director Wm. G. Reed, Jr. M For Withhold
Microsoft Corp. MSFT 594918104 11/11/03 1.10 Elect Director Jon A. Shirley M For Withhold
Microsoft Corp. MSFT 594918104 11/11/03 2 Amend Omnibus Stock Plan M For Against
Microsoft Corp. MSFT 594918104 11/11/03 3 Amend Non-Employee Director Stock M For For
Option Plan
Microsoft Corp. MSFT 594918104 11/11/03 4 Refrain from Giving Charitable S Against Against
Contributions
AutoZone, Inc. AZO 053332102 12/11/03 1.1 Elect Director Charles M. Elson M For For
AutoZone, Inc. AZO 053332102 12/11/03 1.2 Elect Director Marsha J. Evans M For For
AutoZone, Inc. AZO 053332102 12/11/03 1.3 Elect Director Earl G. Graves, Jr. M For For
AutoZone, Inc. AZO 053332102 12/11/03 1.4 Elect Director N. Gerry House M For For
AutoZone, Inc. AZO 053332102 12/11/03 1.5 Elect Director J.R. Hyde, III M For For
AutoZone, Inc. AZO 053332102 12/11/03 1.6 Elect Director Edward S. Lampert M For For
AutoZone, Inc. AZO 053332102 12/11/03 1.7 Elect Director W. Andrew McKenna M For For
AutoZone, Inc. AZO 053332102 12/11/03 1.8 Elect Director Steve Odland M For For
AutoZone, Inc. AZO 053332102 12/11/03 1.9 Elect Director James J. Postl M For For
AutoZone, Inc. AZO 053332102 12/11/03 2 Ratify Auditors M For For
Fox Entertainment FOX 35138T107 11/25/03 1.1 Elect Director K. Rupert M For Withhold
Group, Inc. Murdoch, AC
Fox Entertainment FOX 35138T107 11/25/03 1.2 Elect Director Peter Chernin M For Withhold
Group, Inc.
Fox Entertainment FOX 35138T107 11/25/03 1.3 Elect Director David F. DeVoe M For Withhold
Group, Inc.
Fox Entertainment FOX 35138T107 11/25/03 1.4 Elect Director Arthur M. Siskind M For Withhold
Group, Inc.
Fox Entertainment FOX 35138T107 11/25/03 1.5 Elect Director Lachlan K. Murdoch M For Withhold
Group, Inc.
Fox Entertainment FOX 35138T107 11/25/03 1.6 Elect Director Christos M. M For Withhold
Group, Inc. Cotsakos
Fox Entertainment FOX 35138T107 11/25/03 1.7 Elect Director Thomas W. Jones M For Withhold
Group, Inc.
Fox Entertainment FOX 35138T107 11/25/03 1.8 Elect Director Peter Powers M For Withhold
Group, Inc.
Fox Entertainment FOX 35138T107 11/25/03 2 Ratify Auditors M For For
Group, Inc.
Mercury Interactive Corp. MERQ 589405109 12/10/03 1 Amend Stock Option Plan M For For
Mercury Interactive Corp. MERQ 589405109 12/10/03 2 Amend Employee Stock Purchase Plan M For For
D.R. Horton, Inc. DHI 23331A109 1/29/04 1.1 Elect Director Donald R. Horton M For For
D.R. Horton, Inc. DHI 23331A109 1/29/04 1.2 Elect Director Bradley S. Anderson M For For
D.R. Horton, Inc. DHI 23331A109 1/29/04 1.3 Elect Director Michael R. Buchanan M For For
D.R. Horton, Inc. DHI 23331A109 1/29/04 1.4 Elect Director Richard I. Galland M For For
D.R. Horton, Inc. DHI 23331A109 1/29/04 1.5 Elect Director Francine I. Neff M For For
D.R. Horton, Inc. DHI 23331A109 1/29/04 1.6 Elect Director Donald J. Tomnitz M For For
D.R. Horton, Inc. DHI 23331A109 1/29/04 1.7 Elect Director Bill W. Wheat M For For
D.R. Horton, Inc. DHI 23331A109 1/29/04 2 Amend Executive Incentive M For For
Bonus Plan
D.R. Horton, Inc. DHI 23331A109 1/29/04 3 Other Business M For Against
Family Dollar Stores, Inc. FDO 307000109 1/15/04 1.1 Elect Director Howard R. Levine M For For
Family Dollar Stores, Inc. FDO 307000109 1/15/04 1.2 Elect Director George R. M For For
Mahoney, Jr.
Family Dollar Stores, Inc. FDO 307000109 1/15/04 1.3 Elect Director Mark R. Bernstein M For For
Family Dollar Stores, Inc. FDO 307000109 1/15/04 1.4 Elect Director Sharon Allred M For For
Decker
Family Dollar Stores, Inc. FDO 307000109 1/15/04 1.5 Elect Director Edward C. Dolby M For For
Family Dollar Stores, Inc. FDO 307000109 1/15/04 1.6 Elect Director Glenn A. Eisenberg M For For
Family Dollar Stores, Inc. FDO 307000109 1/15/04 1.7 Elect Director James G. Martin M For For
Family Dollar Stores, Inc. FDO 307000109 1/15/04 2 Approve Non-Employee Director M For For
Stock Option Plan
Family Dollar Stores, Inc. FDO 307000109 1/15/04 3 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Health Management HMA 421933102 2/17/04 1.1 Elect Director William J. Schoen M For For
Associates, Inc.
Health Management HMA 421933102 2/17/04 1.2 Elect Director Joseph V. Vumbacco M For For
Associates, Inc.
Health Management HMA 421933102 2/17/04 1.3 Elect Director Kent P. Dauten M For For
Associates, Inc.
Health Management HMA 421933102 2/17/04 1.4 Elect Director Donald E. Kiernan M For For
Associates, Inc.
Health Management HMA 421933102 2/17/04 1.5 Elect Director Robert A. Knox M For For
Associates, Inc.
Health Management HMA 421933102 2/17/04 1.6 Elect Director William E. M For For
Associates, Inc. Mayberry, M.D.
Health Management HMA 421933102 2/17/04 1.7 Elect Director William C. M For For
Associates, Inc. Steere, Jr.
Health Management HMA 421933102 2/17/04 1.8 Elect Director Randolph W. M For For
Associates, Inc. Westerfield, Ph.D.
Varian Medical Systems Inc VAR 92220P105 2/19/04 1.1 Elect Director John Seely Brown M For For
Varian Medical Systems Inc VAR 92220P105 2/19/04 1.2 Elect Director Samuel Hellman M For For
Varian Medical Systems Inc VAR 92220P105 2/19/04 1.3 Elect Director Terry R. Lautenbach M For For
Varian Medical Systems Inc VAR 92220P105 2/19/04 2 Amend Executive Incentive M For For
Bonus Plan
ACCENTURE LTD BERMUDA ACN G1150G111 2/5/04 1 Appoint Dennis F. Hightower, M For For
William L. Kimsey, Robert I. Lipp,
and Wulf von Schimmelmann as
Directors
ACCENTURE LTD BERMUDA ACN G1150G111 2/5/04 2 Approve KPMG LLP as Independent M For For
Auditors and Authorize Board to
Fix Their Remuneration
ACCENTURE LTD BERMUDA ACN G1150G111 2/5/04 3 Transact Other Business M None None
(Non-Voting)
Fair Isaac Inc. FIC 303250104 2/2/04 1.1 Elect Director A. George Battle M For Withhold
Fair Isaac Inc. FIC 303250104 2/2/04 1.2 Elect Director Tony J. M For Withhold
Christianson
Fair Isaac Inc. FIC 303250104 2/2/04 1.3 Elect Director Thomas G. M For Withhold
Grudnowski
Fair Isaac Inc. FIC 303250104 2/2/04 1.4 Elect Director Alex W. Hart M For Withhold
Fair Isaac Inc. FIC 303250104 2/2/04 1.5 Elect Director Philip G. Heasley M For Withhold
Fair Isaac Inc. FIC 303250104 2/2/04 1.6 Elect Director Guy R. Henshaw M For Withhold
Fair Isaac Inc. FIC 303250104 2/2/04 1.7 Elect Director David S.P. Hopkins M For Withhold
Fair Isaac Inc. FIC 303250104 2/2/04 1.8 Elect Director Margaret L. Taylor M For Withhold
Fair Isaac Inc. FIC 303250104 2/2/04 2 Increase Authorized Common Stock M For For
Fair Isaac Inc. FIC 303250104 2/2/04 3 Ratify Auditors M For For
Avaya Inc AV 053499109 2/26/04 1.1 Elect Director Joseph P. Landy M For Withhold
Avaya Inc AV 053499109 2/26/04 1.2 Elect Director Mark Leslie M For Withhold
Avaya Inc AV 053499109 2/26/04 1.3 Elect Director Donald K. Peterson M For Withhold
Avaya Inc AV 053499109 2/26/04 1.4 Elect Director Anthony P. M For Withhold
Terracciano
Avaya Inc AV 053499109 2/26/04 2 Approve Omnibus Stock Plan M For Against
Avaya Inc AV 053499109 2/26/04 3 Limit Awards to Executives S Against Against
QUALCOMM Inc. QCOM 747525103 3/2/04 1.1 Elect Director Adelia A. Coffman M For Withhold
QUALCOMM Inc. QCOM 747525103 3/2/04 1.2 Elect Director Raymond V. M For Withhold
Dittamore
QUALCOMM Inc. QCOM 747525103 3/2/04 1.3 Elect Director Irwin Mark Jacobs M For Withhold
QUALCOMM Inc. QCOM 747525103 3/2/04 1.4 Elect Director Richard Sulpizio M For Withhold
QUALCOMM Inc. QCOM 747525103 3/2/04 2 Amend Stock Option Plan M For Against
QUALCOMM Inc. QCOM 747525103 3/2/04 3 Ratify Auditors M For For
QUALCOMM Inc. QCOM 747525103 3/2/04 4 Declassify the Board of Directors S Against For
Mid Atlantic Medical NULL 59523C107 2/10/04 1 Approve Merger Agreement M For For
Services, Inc.
Mid Atlantic Medical NULL 59523C107 2/10/04 2 Adjourn Meeting M For For
Services, Inc.
AmerisourceBergen Corp ABC 03073E105 3/5/04 1.1 Elect Director Edward E. M For For
Hagenlocker
AmerisourceBergen Corp ABC 03073E105 3/5/04 1.1 Elect Director Edward E. M For For
Hagenlocker
AmerisourceBergen Corp ABC 03073E105 3/5/04 1.2 Elect Director Kurt J. Hilzinger M For For
AmerisourceBergen Corp ABC 03073E105 3/5/04 1.2 Elect Director Kurt J. Hilzinger M For For
The Walt Disney Company DIS 254687106 3/3/04 1.1 Elect Director John E. Bryson M For For
The Walt Disney Company DIS 254687106 3/3/04 1.2 Elect Director John S. Chen M For For
The Walt Disney Company DIS 254687106 3/3/04 1.3 Elect Director Michael D. Eisner M For Withhold
The Walt Disney Company DIS 254687106 3/3/04 1.4 Elect Director Judith L. Estrin M For For
The Walt Disney Company DIS 254687106 3/3/04 1.5 Elect Director Robert A. Iger M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
The Walt Disney Company DIS 254687106 3/3/04 1.6 Elect Director Aylwin B. Lewis M For For
The Walt Disney Company DIS 254687106 3/3/04 1.7 Elect Director Monica C. Lozano M For For
The Walt Disney Company DIS 254687106 3/3/04 1.8 Elect Director Robert W. M For For
Matschullat
The Walt Disney Company DIS 254687106 3/3/04 1.9 Elect Director George J. Mitchell M For For
The Walt Disney Company DIS 254687106 3/3/04 1.10 Elect Director Leo J. M For For
O'Donovan, S.J.
The Walt Disney Company DIS 254687106 3/3/04 1.11 Elect Director Gary L. Wilson M For For
The Walt Disney Company DIS 254687106 3/3/04 2 Ratify Auditors M For For
The Walt Disney Company DIS 254687106 3/3/04 3 China Principles S Against Against
The Walt Disney Company DIS 254687106 3/3/04 4 Report on Supplier Labor S Against Against
Standards in China
The Walt Disney Company DIS 254687106 3/3/04 5 Report on Amusement Park Safety S Against Against
Analog Devices, Inc. ADI 032654105 3/9/04 1.1 Elect Director Jerald G. Fishman M For For
Analog Devices, Inc. ADI 032654105 3/9/04 1.2 Elect Director F. Grant Saviers M For For
Analog Devices, Inc. ADI 032654105 3/9/04 2 Increase Authorized Common Stock M For For
Analog Devices, Inc. ADI 032654105 3/9/04 3 Ratify Auditors M For For
Nokia Corp. NULL 654902204 3/25/04 1 APPROVAL OF THE INCOME STATEMENTS M For For
AND THE BALANCE SHEETS.
Nokia Corp. NULL 654902204 3/25/04 2 APPROVAL OF A DIVIDEND OF EUR M For For
0.30 PER SHARE.
Nokia Corp. NULL 654902204 3/25/04 3 APPROVAL OF THE DISCHARGE OF THE M For For
CHAIRMAN, THE MEMBERS OF THE BOARD
OF DIRECTORS AND THE PRESIDENT
FROM LIABILITY.
Nokia Corp. NULL 654902204 3/25/04 4.1 Elect Director Paul J. Collins M For Against
Nokia Corp. NULL 654902204 3/25/04 4.2 Elect Director Georg Ehrnrooth M For Against
Nokia Corp. NULL 654902204 3/25/04 4.3 Elect Director Bengt Holmstrom M For Against
Nokia Corp. NULL 654902204 3/25/04 4.4 Elect Director Per Karlsson M For Against
Nokia Corp. NULL 654902204 3/25/04 4.5 Elect Director Jorma Ollila M For Against
Nokia Corp. NULL 654902204 3/25/04 4.6 Elect Director Marjorie Scardino M For Against
Nokia Corp. NULL 654902204 3/25/04 4.7 Elect Director Vesa Vainio M For Against
Nokia Corp. NULL 654902204 3/25/04 4.8 Elect Director Arne Wessberg M For Against
Nokia Corp. NULL 654902204 3/25/04 5 Ratify Auditors M For For
Nokia Corp. NULL 654902204 3/25/04 6 APPROVAL OF THE PROPOSAL OF THE M For For
BOARD TO REDUCE THE SHARE CAPITAL
THROUGH CANCELLATION OF NOKIA
SHARES HELD BY THE COMPANY
Nokia Corp. NULL 654902204 3/25/04 7 APPROVAL OF THE AUTHORIZATION TO M For For
THE BOARD TO INCREASE THE SHARE
CAPITAL OF THE COMPANY. M For For
Nokia Corp. NULL 654902204 3/25/04 8 APPROVAL OF THE AUTHORIZATION TO
THE BOARD TO REPURCHASE NOKIA
SHARES.
Nokia Corp. NULL 654902204 3/25/04 9 APPROVAL OF THE AUTHORIZATION TO M For For
THE BOARD TO DISPOSE NOKIA SHARES
HELD BY THE COMPANY.
Nokia Corp. NULL 654902204 3/25/04 10 APPROVAL OF THE PROPOSAL OF THE M For For
BOARD TO INCREASE THE CAPITAL OF
THE FOUNDATION OF NOKIA CORPORATION.
Nokia Corp. NULL 654902204 3/25/04 11 MARK THE FOR BOX IF YOU WISH TO M None Against
INSTRUCT THE DEPOSITARY TO GIVE A
PROXY TO ANY ONE OF MARIANNA
UOTINEN-TARKOMA, ESA KAUNISTOLA,
BOTH LEGAL COUNSELS OF NOKIA
CORPORATION, TO AUTHORIZE ANY OF
THEM (WITH FULL POWER OF
SUBSTITUTION) TO VOTE, IN THEIR
DISCR
Travelers Property NULL 89420G109 3/19/04 1 Approve Merger Agreement M For For
Casualty Corp.
Caremark Rx, Inc. CMX 141705103 3/22/04 1 Increase Authorized Common Stock M For For
Caremark Rx, Inc. CMX 141705103 3/22/04 2 Approve Issuance of Stock in M For For
Connection with Merger Agreement
Caremark Rx, Inc. CMX 141705103 3/22/04 3 Increase Authorized Preferred M For Against
Stock
Caremark Rx, Inc. CMX 141705103 3/22/04 4 Approve Omnibus Stock Plan M For For
Caremark Rx, Inc. CMX 141705103 3/22/04 5 Allow Postponement or Adjournment M For For
of Special Meeting
Starbucks Corp. SBUX 855244109 3/30/04 1.1 Elect Director William W. M For For
(Bill) Bradley
Starbucks Corp. SBUX 855244109 3/30/04 1.2 Elect Director Gregory B. Maffei M For For
Starbucks Corp. SBUX 855244109 3/30/04 1.3 Elect Director Orin C. Smith M For For
Starbucks Corp. SBUX 855244109 3/30/04 1.4 Elect Director Olden Lee M For For
Starbucks Corp. SBUX 855244109 3/30/04 2 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Applied Materials, Inc. AMAT 038222105 3/24/04 1.1 Elect Director Michael H. Armacost M For For
Applied Materials, Inc. AMAT 038222105 3/24/04 1.2 Elect Director Deborah A. Coleman M For For
Applied Materials, Inc. AMAT 038222105 3/24/04 1.3 Elect Director Herbert M.
Dwight, Jr. M For For
Applied Materials, Inc. AMAT 038222105 3/24/04 1.4 Elect Director Philip V. Gerdine M For For
Applied Materials, Inc. AMAT 038222105 3/24/04 1.5 Elect Director Paul R. Low M For For
Applied Materials, Inc. AMAT 038222105 3/24/04 1.6 Elect Director Dan Maydan M For For
Applied Materials, Inc. AMAT 038222105 3/24/04 1.7 Elect Director Steven L. Miller M For For
Applied Materials, Inc. AMAT 038222105 3/24/04 1.8 Elect Director James C. Morgan M For For
Applied Materials, Inc. AMAT 038222105 3/24/04 1.9 Elect Director Gerhard H. Parker M For For
Applied Materials, Inc. AMAT 038222105 3/24/04 1.10 Elect Director Michael R. Splinter M For For
Applied Materials, Inc. AMAT 038222105 3/24/04 2 Amend Omnibus Stock Plan M For Against
Freddie Mac FRE 313400301 3/31/04 1.1 Elect Director Joan E. Donoghue M For For
Freddie Mac FRE 313400301 3/31/04 1.2 Elect Director Michelle Engler M For For
Freddie Mac FRE 313400301 3/31/04 1.3 Elect Director Richard Karl Goeltz M For For
Freddie Mac FRE 313400301 3/31/04 1.4 Elect Director George D. Gould M For For
Freddie Mac FRE 313400301 3/31/04 1.5 Elect Director Henry Kaufman M For For
Freddie Mac FRE 313400301 3/31/04 1.6 Elect Director John B. Mccoy M For For
Freddie Mac FRE 313400301 3/31/04 1.7 Elect Director Shaun F. O'Malley M For For
Freddie Mac FRE 313400301 3/31/04 1.8 Elect Director Ronald F. Poe M For For
Freddie Mac FRE 313400301 3/31/04 1.9 Elect Director Stephen A. Ross M For For
Freddie Mac FRE 313400301 3/31/04 1.10 Elect Director Donald J. Schuenke M For For
Freddie Mac FRE 313400301 3/31/04 1.11 Elect Director Christina Seix M For For
Freddie Mac FRE 313400301 3/31/04 1.12 Elect Director Richard F. Syron M For For
Freddie Mac FRE 313400301 3/31/04 1.13 Elect Director William J. Turner M For For
Freddie Mac FRE 313400301 3/31/04 2 Ratify Auditors M For For
Fiserv, Inc. FISV 337738108 4/6/04 1.1 Elect Director K.R. Jensen M For For
Fiserv, Inc. FISV 337738108 4/6/04 1.2 Elect Director K.M. Robak M For For
Fiserv, Inc. FISV 337738108 4/6/04 1.3 Elect Director T.C. Wertheimer M For For
Fiserv, Inc. FISV 337738108 4/6/04 2 Ratify Auditors M For For
Fiserv, Inc. FISV 337738108 4/6/04 3 Amend Omnibus Stock Plan M For For
United Technologies Corp. UTX 913017109 4/14/04 1.1 Elect Director Betsy J. Bernard M For For
United Technologies Corp. UTX 913017109 4/14/04 1.2 Elect Director George David M For For
United Technologies Corp. UTX 913017109 4/14/04 1.3 Elect Director Jean-Pierre Garnier M For For
United Technologies Corp. UTX 913017109 4/14/04 1.4 Elect Director Jamie S. Gorelick M For For
United Technologies Corp. UTX 913017109 4/14/04 1.5 Elect Director Charles R. Lee M For For
United Technologies Corp. UTX 913017109 4/14/04 1.6 Elect Director Richard D. M For For
McCormick
United Technologies Corp. UTX 913017109 4/14/04 1.7 Elect Director Harold McGraw III M For For
United Technologies Corp. UTX 913017109 4/14/04 1.8 Elect Director Frank P. Popoff M For For
United Technologies Corp. UTX 913017109 4/14/04 1.9 Elect Director H. Patrick Swygert M For For
United Technologies Corp. UTX 913017109 4/14/04 1.10 Elect Director Andre Villeneuve M For For
United Technologies Corp. UTX 913017109 4/14/04 1.11 Elect Director H. A. Wagner M For For
United Technologies Corp. UTX 913017109 4/14/04 1.12 Elect Director Christine Todd M For For
Whitman
United Technologies Corp. UTX 913017109 4/14/04 2 Ratify Auditors M For For
United Technologies Corp. UTX 913017109 4/14/04 3 Disclosure of Executive S Against Against
Compensation
United Technologies Corp. UTX 913017109 4/14/04 4 Develop Ethical Criteria for S Against Against
Military Contracts
United Technologies Corp. UTX 913017109 4/14/04 5 Performance-Based/Indexed Options S Against Against
United Technologies Corp. UTX 913017109 4/14/04 6 Separate Chairman and CEO S Against Against
Positions
Beckman Coulter, Inc. BEC 075811109 4/1/04 1.1 Elect Director Ronald W. Dollens M For Withhold
Beckman Coulter, Inc. BEC 075811109 4/1/04 1.2 Elect Director Charles A. Haggerty M For Withhold
Beckman Coulter, Inc. BEC 075811109 4/1/04 1.3 Elect Director William N. M For Withhold
Kelley, M.D.
Beckman Coulter, Inc. BEC 075811109 4/1/04 2 Approve Omnibus Stock Plan M For Against
The Coca-Cola Company KO 191216100 4/21/04 1.1 Elect Director Herbert A. Allen M For For
The Coca-Cola Company KO 191216100 4/21/04 1.2 Elect Director Ronald W. Allen M For For
The Coca-Cola Company KO 191216100 4/21/04 1.3 Elect Director Cathleen P. Black M For For
The Coca-Cola Company KO 191216100 4/21/04 1.4 Elect Director Warren E. Buffett M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
The Coca-Cola Company KO 191216100 4/21/04 1.5 Elect Director Douglas N. Daft M For For
The Coca-Cola Company KO 191216100 4/21/04 1.6 Elect Director Barry Diller M For For
The Coca-Cola Company KO 191216100 4/21/04 1.7 Elect Director Donald R. Keough M For For
The Coca-Cola Company KO 191216100 4/21/04 1.8 Elect Director Susan Bennett King M For For
The Coca-Cola Company KO 191216100 4/21/04 1.9 Elect Director Maria Elena M For For
Lagomasino
The Coca-Cola Company KO 191216100 4/21/04 1.10 Elect Director Donald F. Mchenry M For For
The Coca-Cola Company KO 191216100 4/21/04 1.11 Elect Director Robert L. Nardelli M For For
The Coca-Cola Company KO 191216100 4/21/04 1.12 Elect Director Sam Nunn M For For
The Coca-Cola Company KO 191216100 4/21/04 1.13 Elect Director J. Pedro Reinhard M For For
The Coca-Cola Company KO 191216100 4/21/04 1.14 Elect Director James D. M For For
Robinson III
The Coca-Cola Company KO 191216100 4/21/04 1.15 Elect Director Peter V. Ueberroth M For For
The Coca-Cola Company KO 191216100 4/21/04 1.16 Elect Director James B. Williams M For For
The Coca-Cola Company KO 191216100 4/21/04 2 Ratify Auditors M For For
The Coca-Cola Company KO 191216100 4/21/04 3 Report on Operational Impact of S For For
HIV/AIDS Pandemic
The Coca-Cola Company KO 191216100 4/21/04 4 Report on Stock Option S Against Against
Distribution by Race and Gender
The Coca-Cola Company KO 191216100 4/21/04 5 Prohibit Awards to Executives S Against Against
The Coca-Cola Company KO 191216100 4/21/04 6 Submit Executive Compensation S Against Against
to Vote
The Coca-Cola Company KO 191216100 4/21/04 7 Submit Executive Compensation S Against Against
to Vote
The Coca-Cola Company KO 191216100 4/21/04 8 Implement China Principles S Against Against
The Coca-Cola Company KO 191216100 4/21/04 9 Separate Chairman and CEO S Against Against
Positions
General Electric Co. GE 369604103 4/28/04 1.1 Elect Director James I. Cash, Jr. M For For
General Electric Co. GE 369604103 4/28/04 1.2 Elect Director Dennis D. Dammerman M For For
General Electric Co. GE 369604103 4/28/04 1.3 Elect Director Ann M. Fudge M For For
General Electric Co. GE 369604103 4/28/04 1.4 Elect Director Claudio X. Gonzalez M For For
General Electric Co. GE 369604103 4/28/04 1.5 Elect Director Jeffrey R. Immelt M For For
General Electric Co. GE 369604103 4/28/04 1.6 Elect Director Andrea Jung M For For
General Electric Co. GE 369604103 4/28/04 1.7 Elect Director Alan G. Lafley M For For
General Electric Co. GE 369604103 4/28/04 1.8 Elect Director Kenneth G. Langone M For For
General Electric Co. GE 369604103 4/28/04 1.9 Elect Director Ralph S. Larsen M For For
General Electric Co. GE 369604103 4/28/04 1.10 Elect Director Rochelle B. Lazarus M For For
General Electric Co. GE 369604103 4/28/04 1.11 Elect Director Sam Nunn M For For
General Electric Co. GE 369604103 4/28/04 1.12 Elect Director Roger S. Penske M For For
General Electric Co. GE 369604103 4/28/04 1.13 Elect Director Robert J. Swieringa M For For
General Electric Co. GE 369604103 4/28/04 1.14 Elect Director Douglas A. M For For
Warner III
General Electric Co. GE 369604103 4/28/04 1.15 Elect Director Robert C. Wright M For For
General Electric Co. GE 369604103 4/28/04 2 Ratify Auditors M For For
General Electric Co. GE 369604103 4/28/04 3 Amend Omnibus Stock Plan M For For
General Electric Co. GE 369604103 4/28/04 4 Provide for Cumulative Voting S Against Against
General Electric Co. GE 369604103 4/28/04 5 Eliminate Animal Testing S Against Against
General Electric Co. GE 369604103 4/28/04 6 Report on Nuclear Fuel Storage S Against Against
Risks
General Electric Co. GE 369604103 4/28/04 7 Report on PCB Clean-up S Against Against
General Electric Co. GE 369604103 4/28/04 8 Report on Foreign Outsourcing S Against Against
General Electric Co. GE 369604103 4/28/04 9 Prepare Sustainability Report S Against Against
General Electric Co. GE 369604103 4/28/04 10 Limit Composition of Management S Against Against
Development and Compensation
Committee to Independent Directors S Against Against
General Electric Co. GE 369604103 4/28/04 11 Report on Pay Disparity
General Electric Co. GE 369604103 4/28/04 12 Limit Awards to Executives S Against Against
General Electric Co. GE 369604103 4/28/04 13 Limit Board Service for Other S Against Against
Companies
General Electric Co. GE 369604103 4/28/04 14 Separate Chairman and CEO S Against Against
Positions
General Electric Co. GE 369604103 4/28/04 15 Hire Advisor/Maximize S Against Against
Shareholder Value
General Electric Co. GE 369604103 4/28/04 16 Adopt a Retention Ratio for S Against Against
Executives and Directors
General Electric Co. GE 369604103 4/28/04 17 Require 70% to 80% Independent S Against Against
Board
General Electric Co. GE 369604103 4/28/04 18 Report on Political S Against Against
Contributions/Activities
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
U.S. Bancorp USB 902973304 4/20/04 1.1 Elect Director Victoria Buyniski M For For
Gluckman
U.S. Bancorp USB 902973304 4/20/04 1.2 Elect Director Arthur D. M For For
Collins, Jr.
U.S. Bancorp USB 902973304 4/20/04 1.3 Elect Director Jerry W. Levin M For For
U.S. Bancorp USB 902973304 4/20/04 1.4 Elect Director Thomas E. Petry M For For
U.S. Bancorp USB 902973304 4/20/04 1.5 Elect Director Richard G. Reiten M For Withhold
U.S. Bancorp USB 902973304 4/20/04 2 Ratify Auditors M For For
U.S. Bancorp USB 902973304 4/20/04 3 Limit Executive Compensation S Against Against
U.S. Bancorp USB 902973304 4/20/04 4 Submit Executive Compensation to S Against Against
Vote
U.S. Bancorp USB 902973304 4/20/04 5 Amend Vote Requirements to Amend S Against For
Articles/Bylaws/Charter
Merck & Co., Inc. MRK 589331107 4/27/04 1.1 Elect Director Peter C. Wendell M For For
Merck & Co., Inc. MRK 589331107 4/27/04 1.2 Elect Director William G. Bowen M For For
Merck & Co., Inc. MRK 589331107 4/27/04 1.3 Elect Director William M. Daley M For For
Merck & Co., Inc. MRK 589331107 4/27/04 1.4 Elect Director Thomas E. Shenk M For For
Merck & Co., Inc. MRK 589331107 4/27/04 1.5 Elect Director Wendell P. Weeks M For For
Merck & Co., Inc. MRK 589331107 4/27/04 2 Ratify Auditors M For For
Merck & Co., Inc. MRK 589331107 4/27/04 3 Declassify the Board of Directors M For For
Merck & Co., Inc. MRK 589331107 4/27/04 4 Prohibit Awards to Executives S Against Against
Merck & Co., Inc. MRK 589331107 4/27/04 5 Develop Ethical Criteria for S Against Against
Patent Extension
Merck & Co., Inc. MRK 589331107 4/27/04 6 Link Executive Compensation to S Against Against
Social Issues
Merck & Co., Inc. MRK 589331107 4/27/04 7 Report on Political Contributions S Against Against
Merck & Co., Inc. MRK 589331107 4/27/04 8 Report on Operational Impact of S Against Against
HIV/AIDS, TB, and Malaria Pandemic
Texas Instruments Inc. TXN 882508104 4/15/04 1.1 Elect Director James R. Adams M For For
Texas Instruments Inc. TXN 882508104 4/15/04 1.2 Elect Director David L. Boren M For For
Texas Instruments Inc. TXN 882508104 4/15/04 1.3 Elect Director Daniel A. Carp M For For
Texas Instruments Inc. TXN 882508104 4/15/04 1.4 Elect Director Thomas J. Engibous M For For
Texas Instruments Inc. TXN 882508104 4/15/04 1.5 Elect Director Gerald W. M For For
Fronterhouse
Texas Instruments Inc. TXN 882508104 4/15/04 1.6 Elect Director David R. Goode M For For
Texas Instruments Inc. TXN 882508104 4/15/04 1.7 Elect Director Wayne R. Sanders M For For
Texas Instruments Inc. TXN 882508104 4/15/04 1.8 Elect Director Ruth J. Simmons M For For
Texas Instruments Inc. TXN 882508104 4/15/04 1.9 Elect Director Richard K. M For For
Templeton
Texas Instruments Inc. TXN 882508104 4/15/04 1.10 Elect Director Christine Todd M For For
Whitman
Texas Instruments Inc. TXN 882508104 4/15/04 2 Ratify Auditors M For For
Texas Instruments Inc. TXN 882508104 4/15/04 3 Expense Stock Options S Against Against
Merrill Lynch & Co., Inc. MER 590188108 4/23/04 1.1 Elect Director David K. Newbigging M For For
Merrill Lynch & Co., Inc. MER 590188108 4/23/04 1.2 Elect Director Joseph W. Prueher M For For
Merrill Lynch & Co., Inc. MER 590188108 4/23/04 2 Ratify Auditors M For For
Merrill Lynch & Co., Inc. MER 590188108 4/23/04 3 Restore or Provide for S Against Against
Cumulative Voting
Merrill Lynch & Co., Inc. MER 590188108 4/23/04 4 Separate Chairman and CEO S Against Against
Positions
Anheuser-Busch BUD 035229103 4/28/04 1.1 Elect Director August A. Busch III M For For
Companies, Inc.
Anheuser-Busch BUD 035229103 4/28/04 1.2 Elect Director Carlos Fernandez G. M For For
Companies, Inc.
Anheuser-Busch BUD 035229103 4/28/04 1.3 Elect Director James R. Jones M For For
Companies, Inc.
Anheuser-Busch BUD 035229103 4/28/04 1.4 Elect Director Andrew C. Taylor M For For
Companies, Inc.
Anheuser-Busch BUD 035229103 4/28/04 1.5 Elect Director Douglas A. M For For
Warner III
Companies, Inc.
Anheuser-Busch BUD 035229103 4/28/04 2 Ratify Auditors M For For
Companies, Inc.
Adobe Systems Inc. ADBE 00724F101 4/28/04 1.1 Elect Director Michael R. Cannon M For For
Adobe Systems Inc. ADBE 00724F101 4/28/04 1.2 Elect Director Bruce R. Chizen M For For
Adobe Systems Inc. ADBE 00724F101 4/28/04 1.3 Elect Director James E. Daley M For For
Adobe Systems Inc. ADBE 00724F101 4/28/04 1.4 Elect Director Charles M. Geschke M For For
Adobe Systems Inc. ADBE 00724F101 4/28/04 1.5 Elect Director Delbert W. Yocam M For For
Adobe Systems Inc. ADBE 00724F101 4/28/04 2 Amend Omnibus Stock Plan M For Against
Adobe Systems Inc. ADBE 00724F101 4/28/04 3 Expense Stock Options S Against Against
Adobe Systems Inc. ADBE 00724F101 4/28/04 4 Adopt a Plocy that will Committ S Against Against
Executives to Hold a Significant
Percentage of their Shares
Adobe Systems Inc. ADBE 00724F101 4/28/04 5 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Johnson & Johnson JNJ 478160104 4/22/04 1.1 Elect Director Gerard N. Burrow M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.2 Elect Director Mary S. Coleman M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.3 Elect Director James G. Cullen M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.4 Elect Director Robert J. Darretta M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.5 Elect Director M. Judah Folkman M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.6 Elect Director Ann D. Jordan M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.7 Elect Director Arnold G. Langbo M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.8 Elect Director Susan L. Lindquist M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.9 Elect Director Leo F. Mullin M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.10 Elect Director Steven S Reinemund M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.11 Elect Director David Satcher M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.12 Elect Director Henry B. Schacht M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.13 Elect Director William C. Weldon M For For
Johnson & Johnson JNJ 478160104 4/22/04 2 Ratify Auditors M For For
Johnson & Johnson JNJ 478160104 4/22/04 3 Cease Charitable Contributions S Against Against
Burlington Resources Inc. BR 122014103 4/21/04 1.1 Elect Director Barbara T. M For Withhold
Alexander
Burlington Resources Inc. BR 122014103 4/21/04 1.2 Elect Director Reuben V. Anderson M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.3 Elect Director Laird I. Grant M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.4 Elect Director Robert J. Harding M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.5 Elect Director John T. LaMacchia M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.6 Elect Director Randy L. Limbacher M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.7 Elect Director James F. McDonald M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.8 Elect Director Kenneth W. Orce M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.9 Elect Director Donald M. Roberts M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.10 Elect Director James A. Runde M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.11 Elect Director John F. Schwarz M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.12 Elect Director Walter Scott, Jr. M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.13 Elect Director Bobby S. Shackouls M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.14 Elect Director Steven J. Shapiro M For Withhold
Burlington Resources Inc. BR 122014103 4/21/04 1.15 Elect Director William E. M For Withhold
Wade, Jr.
Burlington Resources Inc. BR 122014103 4/21/04 2 Approve Increase in Common Stock M For For
and a Stock Split
Burlington Resources Inc. BR 122014103 4/21/04 3 Ratify Auditors M For For
Pfizer Inc. PFE 717081103 4/22/04 1.1 Elect Director Michael S. Brown M For For
Pfizer Inc. PFE 717081103 4/22/04 1.2 Elect Director M. Anthony Burns M For For
Pfizer Inc. PFE 717081103 4/22/04 1.3 Elect Director Robert N. Burt M For For
Pfizer Inc. PFE 717081103 4/22/04 1.4 Elect Director W. Don Cornwell M For For
Pfizer Inc. PFE 717081103 4/22/04 1.5 Elect Director William H. Gray III M For For
Pfizer Inc. PFE 717081103 4/22/04 1.6 Elect Director Constance J. Horner M For For
Pfizer Inc. PFE 717081103 4/22/04 1.7 Elect Director William R. Howell M For For
Pfizer Inc. PFE 717081103 4/22/04 1.8 Elect Director Stanley O. M For For
Ikenberry
Pfizer Inc. PFE 717081103 4/22/04 1.9 Elect Director George A. Lorch M For For
Pfizer Inc. PFE 717081103 4/22/04 1.10 Elect Director Henry A. Mckinnell M For For
Pfizer Inc. PFE 717081103 4/22/04 1.11 Elect Director Dana G. Mead M For For
Pfizer Inc. PFE 717081103 4/22/04 1.12 Elect Director Franklin D. Raines M For For
Pfizer Inc. PFE 717081103 4/22/04 1.13 Elect Director Ruth J. Simmons M For For
Pfizer Inc. PFE 717081103 4/22/04 1.14 Elect Director William C. M For For
Steere, Jr.
Pfizer Inc. PFE 717081103 4/22/04 1.15 Elect Director Jean-Paul Valles M For For
Pfizer Inc. PFE 717081103 4/22/04 2 Ratify Auditors M For For
Pfizer Inc. PFE 717081103 4/22/04 3 Approve Omnibus Stock Plan M For For
Pfizer Inc. PFE 717081103 4/22/04 4 Report on Operational Impact of S Against Against
HIV/AIDS, TB, and Malaria Pandemic
Pfizer Inc. PFE 717081103 4/22/04 5 Cease Political S Against Against
Contributions/Activities
Pfizer Inc. PFE 717081103 4/22/04 6 Report on Political S Against Against
Contributions/Activities
Pfizer Inc. PFE 717081103 4/22/04 7 Establish Term Limits for S Against Against
Directors
Pfizer Inc. PFE 717081103 4/22/04 8 Report on Drug Pricing S Against Against
Pfizer Inc. PFE 717081103 4/22/04 9 Limit Awards to Executives S Against Against
Pfizer Inc. PFE 717081103 4/22/04 10 Amend Animal Testing Policy S Against Against
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 1.1 Elect Director John R. Alm M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 1.2 Elect Director J. Trevor Eyton M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 1.3 Elect Director Gary P. Fayard M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 1.4 Elect Director L. Phillip Humann M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 1.5 Elect Director Paula G. Rosput M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 2 Approve Executive Incentive M For For
Bonus Plan
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 3 Approve Omnibus Stock Plan M For Against
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 4 Amend Deferred Compensation Plan M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 5 Approve Employee Stock Purchase M For For
Plan
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 6 Approve Employee Stock Purchase M For For
Plan
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 7 Ratify Auditors M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 8 Submit Severance Agreement S Against For
(Change-in-Control) to
Shareholder Vote
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 9 Report on Recycling Policy S Against Against
Abbott Laboratories ABT 002824100 4/23/04 1.1 Elect Director Roxanne S. Austin M For For
Abbott Laboratories ABT 002824100 4/23/04 1.2 Elect Director H.Laurance Fuller M For For
Abbott Laboratories ABT 002824100 4/23/04 1.3 Elect Director Richard A. Gonzalez M For For
Abbott Laboratories ABT 002824100 4/23/04 1.4 Elect Director Jack M. Greenberg M For For
Abbott Laboratories ABT 002824100 4/23/04 1.5 Elect Director Jeffrey M. Leiden M For For
Abbott Laboratories ABT 002824100 4/23/04 1.6 Elect Director David A. Lord Owen M For For
Abbott Laboratories ABT 002824100 4/23/04 1.7 Elect Director Boone Powell Jr. M For For
Abbott Laboratories ABT 002824100 4/23/04 1.8 Elect Director Addison Barry Rand M For For
Abbott Laboratories ABT 002824100 4/23/04 1.9 Elect Director W.Ann Reynolds M For For
Abbott Laboratories ABT 002824100 4/23/04 1.10 Elect Director Roy S. Roberts M For For
Abbott Laboratories ABT 002824100 4/23/04 1.11 Elect Director William D. M For For
Smithburg
Abbott Laboratories ABT 002824100 4/23/04 1.12 Elect Director John R. Walter M For For
Abbott Laboratories ABT 002824100 4/23/04 1.13 Elect Director Miles D. White M For For
Abbott Laboratories ABT 002824100 4/23/04 2 Ratify Auditors M For For
Abbott Laboratories ABT 002824100 4/23/04 3 Drug Pricing S Against Against
Abbott Laboratories ABT 002824100 4/23/04 4 Report on Political S Against Against
Contributions/Activities
Abbott Laboratories ABT 002824100 4/23/04 5 Prohibit Awards to Executives S Against Against
Abbott Laboratories ABT 002824100 4/23/04 6 Report on Operational Imact of S Against Against
HIV/AIDS, TB, and Malaria Pandemic
American Express Co. AXP 025816109 4/26/04 1.1 Elect Director Daniel F. Akerson M For For
American Express Co. AXP 025816109 4/26/04 1.2 Elect Director Charlene Barshefsky M For For
American Express Co. AXP 025816109 4/26/04 1.3 Elect Director William G. Bowen M For For
American Express Co. AXP 025816109 4/26/04 1.4 Elect Director Ursula M. Burns M For For
American Express Co. AXP 025816109 4/26/04 1.5 Elect Director Kenneth I. Chenault M For For
American Express Co. AXP 025816109 4/26/04 1.6 Elect Director Peter R. Dolan M For For
American Express Co. AXP 025816109 4/26/04 1.7 Elect Director Vernon E. M For For
Jordan, Jr.
American Express Co. AXP 025816109 4/26/04 1.8 Elect Director Jan Leschly M For For
American Express Co. AXP 025816109 4/26/04 1.9 Elect Director Richard A. McGinn M For For
American Express Co. AXP 025816109 4/26/04 1.10 Elect Director Edward D. Miller M For For
American Express Co. AXP 025816109 4/26/04 1.11 Elect Director Frank P. Popoff M For For
American Express Co. AXP 025816109 4/26/04 1.12 Elect Director Robert D. Walter M For For
American Express Co. AXP 025816109 4/26/04 2 Ratify Auditors M For For
American Express Co. AXP 025816109 4/26/04 3 Establish Term Limits for S Against Against
Directors
American Express Co. AXP 025816109 4/26/04 4 Report on Political S Against Against
Contributions/Activities
Citigroup Inc. C 172967101 4/20/04 1.1 Elect Director C. Michael M For For
Armstrong
Citigroup Inc. C 172967101 4/20/04 1.2 Elect Director Alain J.P. Belda M For For
Citigroup Inc. C 172967101 4/20/04 1.3 Elect Director George David M For For
Citigroup Inc. C 172967101 4/20/04 1.4 Elect Director Kenneth T. Derr M For For
Citigroup Inc. C 172967101 4/20/04 1.5 Elect Director John M. Deutch M For For
Citigroup Inc. C 172967101 4/20/04 1.6 Elect Director Roberto Hernandez M For For
Ramirez
Citigroup Inc. C 172967101 4/20/04 1.7 Elect Director Ann Dibble Jordan M For For
Citigroup Inc. C 172967101 4/20/04 1.8 Elect Director Dudley C. Mecum M For For
Citigroup Inc. C 172967101 4/20/04 1.9 Elect Director Richard D. Parsons M For For
Citigroup Inc. C 172967101 4/20/04 1.10 Elect Director Andrall E. Pearson M For For
Citigroup Inc. C 172967101 4/20/04 1.11 Elect Director Charles Prince M For For
Citigroup Inc. C 172967101 4/20/04 1.12 Elect Director Robert E. Rubin M For For
Citigroup Inc. C 172967101 4/20/04 1.13 Elect Director Franklin A. Thomas M For For
Citigroup Inc. C 172967101 4/20/04 1.14 Elect Director Sanford I. Weill M For For
Citigroup Inc. C 172967101 4/20/04 1.15 Elect Director Robert B. M For For
Willumstad
Citigroup Inc. C 172967101 4/20/04 2 Ratify Auditors M For For
Citigroup Inc. C 172967101 4/20/04 3 Limit Executive Compensation S Against Against
Citigroup Inc. C 172967101 4/20/04 4 Report on Political S Against Against
Contributions/Activities
Citigroup Inc. C 172967101 4/20/04 5 Prohibit Awards to Executives S Against Against
Citigroup Inc. C 172967101 4/20/04 6 Separate Chairman and CEO S Against Against
Positions
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
State Street Corp. STT 857477103 4/21/04 1.1 Elect Director Kennett Burnes M For For
(Boston)
State Street Corp. STT 857477103 4/21/04 1.2 Elect Director David Gruber M For For
(Boston)
State Street Corp. STT 857477103 4/21/04 1.3 Elect Director Linda Hill M For For
(Boston)
State Street Corp. STT 857477103 4/21/04 1.4 Elect Director Charles Lamantia M For For
(Boston)
State Street Corp. STT 857477103 4/21/04 1.5 Elect Director Robert Weissman M For For
(Boston)
State Street Corp. STT 857477103 4/21/04 2 Exempt Board of Directors from S Against For
(Boston) Massachusetts General Laws,
Chapter 156B, Section 50A(a)
Piper Jaffray Cos PJC 724078100 4/28/04 1.1 Elect Director Andrew S. Duff M For Withhold
Piper Jaffray Cos PJC 724078100 4/28/04 1.2 Elect Director Samuel L. Kaplan M For Withhold
Piper Jaffray Cos PJC 724078100 4/28/04 1.3 Elect Director Frank L. Sims M For Withhold
Piper Jaffray Cos PJC 724078100 4/28/04 2 Approve Omnibus Stock Plan M For Against
Piper Jaffray Cos PJC 724078100 4/28/04 3 Ratify Auditors M For For
Sprint Corp. FON 852061100 4/20/04 1.1 Elect Director Gordon M. Bethune M For For
Sprint Corp. FON 852061100 4/20/04 1.2 Elect Director E. Linn Draper, Jr. M For For
Sprint Corp. FON 852061100 4/20/04 1.3 Elect Director Deborah A. Henretta M For For
Sprint Corp. FON 852061100 4/20/04 1.4 Elect Director Linda Koch Lorimer M For For
Sprint Corp. FON 852061100 4/20/04 2 Ratify Auditors M For For
Sprint Corp. FON 852061100 4/20/04 3 Performance- Based/Indexed Options S Against Against
Sprint Corp. FON 852061100 4/20/04 4 Limit Executive Compensation S Against Against
Sprint Corp. FON 852061100 4/20/04 5 Separate Chairman and CEO S Against Against
Positions
Sprint Corp. FON 852061100 4/20/04 6 Report on Foreign Outsourcing S Against Against
MBNA Corp. KRB 55262L100 5/3/04 1.1 Elect Director James H. Berick M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 1.2 Elect Director Benjamin R. M For Withhold
Civiletti
MBNA Corp. KRB 55262L100 5/3/04 1.3 Elect Director Bruce L. Hammonds M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 1.4 Elect Director William L. Jews M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 1.5 Elect Director Randolph D. Lerner M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 1.6 Elect Director Stuart L. Markowitz M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 1.7 Elect Director William B. Milstead M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 2 Ratify Auditors M For For
MBNA Corp. KRB 55262L100 5/3/04 3 Expense Stock Options S Against Against
MBNA Corp. KRB 55262L100 5/3/04 4 Require Majority of Independent S Against Against
Directors on Board
Harrah's Entertainment, HET 413619107 4/29/04 1.1 Elect Director Ralph Horn M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 1.2 Elect Director Gary W. Loveman M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 1.3 Elect Director Philip G. Satre M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 1.4 Elect Director Boake A. Sells M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 2 Approve Omnibus Stock Plan M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 3 Approve Executive Incentive M For For
Inc. Bonus Plan
Harrah's Entertainment, HET 413619107 4/29/04 4 Ratify Auditors M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 5 Report on Political S Against Against
Inc. Contributions/Activities
MEDCO Health Solutions MHS 58405U102 4/21/04 1.1 Elect Director David B. Snow, Jr. M For For
Inc
MEDCO Health Solutions MHS 58405U102 4/21/04 1.2 Elect Director Howard W. M For For
Inc Barker, Jr.
MEDCO Health Solutions MHS 58405U102 4/21/04 1.3 Elect Director Brian L. Strom, M For For
Inc Md, Mph
MEDCO Health Solutions MHS 58405U102 4/21/04 2 Ratify Auditors M For For
Inc
EMC Corp. EMC 268648102 5/5/04 1.1 Elect Director John R. Egan M For For
EMC Corp. EMC 268648102 5/5/04 1.2 Elect Director Michael C. M For For
Ruettgers
EMC Corp. EMC 268648102 5/5/04 1.3 Elect Director David N. Strohm M For For
EMC Corp. EMC 268648102 5/5/04 2 Amend Omnibus Stock Plan M For For
EMC Corp. EMC 268648102 5/5/04 3 Amend Employee Stock Purchase Plan M For For
EMC Corp. EMC 268648102 5/5/04 4 Ratify Auditors M For For
EMC Corp. EMC 268648102 5/5/04 5 Limit Executive Compensation S Against Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Whirlpool Corp. WHR 963320106 4/20/04 1.1 Elect Director Allan D. Gilmour M For For
Whirlpool Corp. WHR 963320106 4/20/04 1.2 Elect Director Michael F. Johnston M For For
Whirlpool Corp. WHR 963320106 4/20/04 1.3 Elect Director Janice D. Stoney M For For
Whirlpool Corp. WHR 963320106 4/20/04 1.4 Elect Director David R. Whitwam M For For
Whirlpool Corp. WHR 963320106 4/20/04 2 Amend Executive Incentive Bonus M For For
Plan
Altria Group, Inc. MO 02209S103 4/29/04 1.1 Elect Director Elizabeth E. Bailey M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.2 Elect Director Mathis M For For
Cabiallavetta
Altria Group, Inc. MO 02209S103 4/29/04 1.3 Elect Director Louis C. Camilleri M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.4 Elect Director J. Dudley Fishburn M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.5 Elect Director Robert E. R. M For For
Huntley
Altria Group, Inc. MO 02209S103 4/29/04 1.6 Elect Director Thomas W. Jones M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.7 Elect Director Lucio A. Noto M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.8 Elect Director John S. Reed M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.9 Elect Director Carlos Slim Helu M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.10 Elect Director Stephen M. Wolf M For For
Altria Group, Inc. MO 02209S103 4/29/04 2 Ratify Auditors M For For
Altria Group, Inc. MO 02209S103 4/29/04 3 Report on Product Warnings for S Against Against
Pregnant Women
Altria Group, Inc. MO 02209S103 4/29/04 4 Report on Health Risks Associated S Against Against
with Cigarette Filters
Altria Group, Inc. MO 02209S103 4/29/04 5 Political Contributions/Activities S Against Against
Altria Group, Inc. MO 02209S103 4/29/04 6 Cease Use of Light and Ultra Light S Against Against
in Cigarette Marketing
Altria Group, Inc. MO 02209S103 4/29/04 7 Place Canadian Style Warnings on S Against Against
Cigarette Packaging
Altria Group, Inc. MO 02209S103 4/29/04 8 Separate Chairman and CEO S Against Against
Positions
Guidant Corp. GDT 401698105 5/18/04 1.1 Elect Director Maurice A. Cox, Jr. M For For
Guidant Corp. GDT 401698105 5/18/04 1.2 Elect Director Nancy-Ann Min M For For
DeParle
Guidant Corp. GDT 401698105 5/18/04 1.3 Elect Director Ronald W. Dollens M For For
Guidant Corp. GDT 401698105 5/18/04 1.4 Elect Director Enrique C. Falla M For For
Guidant Corp. GDT 401698105 5/18/04 1.5 Elect Director Kristina M. M For For
Johnson, Ph.D.
Guidant Corp. GDT 401698105 5/18/04 2 Ratify Auditors M For For
Guidant Corp. GDT 401698105 5/18/04 3 Expense Stock Options S Against Against
Wells Fargo & Company WFC 949746101 4/27/04 1.1 Elect Director J.A. Blanchard III M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.2 Elect Director Susan E. Engel M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.3 Elect Director Enrique M For Withhold
Hernandez, Jr.
Wells Fargo & Company WFC 949746101 4/27/04 1.4 Elect Director Robert L. Joss M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.5 Elect Director Reatha Clark King M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.6 Elect Director Richard M. M For Withhold
Kovacevich
Wells Fargo & Company WFC 949746101 4/27/04 1.7 Elect Director Richard D. M For Withhold
McCormick
Wells Fargo & Company WFC 949746101 4/27/04 1.8 Elect Director Cynthia H. Milligan M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.9 Elect Director Philip J. Quigley M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.10 Elect Director Donald B. Rice M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.11 Elect Director Judith M. Runstad M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.12 Elect Director Stephen W. Sanger M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.13 Elect Director Susan G. Swenson M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.14 Elect Director Michael W. Wright M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 2 Approve Retirement Plan M For For
Wells Fargo & Company WFC 949746101 4/27/04 3 Ratify Auditors M For For
Wells Fargo & Company WFC 949746101 4/27/04 4 Expense Stock Options S Against Against
Wells Fargo & Company WFC 949746101 4/27/04 5 Limit Executive Compensation S Against Against
Wells Fargo & Company WFC 949746101 4/27/04 6 Link Executive Compensation to S Against Against
Social Issues
Wells Fargo & Company WFC 949746101 4/27/04 7 Report on Political S Against Against
Contributions/Activities
Genentech, Inc. DNA 368710406 4/16/04 1 Amend Articles/Bylaws/ M For For
Charter-Non-Routine
Genentech, Inc. DNA 368710406 4/16/04 2.1 Elect Director Herbert W. Boyer M For Against
Genentech, Inc. DNA 368710406 4/16/04 2.2 Elect Director Arthur D. Levinson M For Against
Genentech, Inc. DNA 368710406 4/16/04 2.3 Elect Director Mark Richmond M For For
Genentech, Inc. DNA 368710406 4/16/04 2.4 Elect Director Charles A. Sanders M For For
Genentech, Inc. DNA 368710406 4/16/04 2.5 Elect Director William M. Burns M For Against
Genentech, Inc. DNA 368710406 4/16/04 2.6 Elect Director Erich Hunziker M For Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Genentech, Inc. DNA 368710406 4/16/04 2.7 Elect Director Jonathan K.C. M For Against
Knowles
Genentech, Inc. DNA 368710406 4/16/04 3 Elect Director M. Burns M For Against
Genentech, Inc. DNA 368710406 4/16/04 4 Elect Director Erich Hunziker M For Against
Genentech, Inc. DNA 368710406 4/16/04 5 Elect Director Jonathan K.C. M For Against
Knowles
Genentech, Inc. DNA 368710406 4/16/04 6 Increase Authorized Common Stock M For For
Genentech, Inc. DNA 368710406 4/16/04 7 Approve Omnibus Stock Plan M For For
Genentech, Inc. DNA 368710406 4/16/04 8 Ratify Auditors M For For
Lexmark International, LXK 529771107 4/22/04 1.1 Elect Director Frank T. Cary M For Withhold
Inc.
Lexmark International, LXK 529771107 4/22/04 1.2 Elect Director Paul J. Curlander M For Withhold
Inc.
Lexmark International, LXK 529771107 4/22/04 1.3 Elect Director Martin D. Walker M For Withhold
Inc.
Lexmark International, LXK 529771107 4/22/04 1.4 Elect Director James F. Hardymon M For Withhold
Inc.
Lexmark International, LXK 529771107 4/22/04 2 Approve Executive Incentive M For For
Inc. Bonus Plan
Lexmark International, LXK 529771107 4/22/04 3 Ratify Auditors M For For
Inc.
United Parcel Service, UPS 911312106 5/6/04 1.1 Elect Director Calvin Darden M For For
Inc.
United Parcel Service, UPS 911312106 5/6/04 1.2 Elect Director Michael L. Eskew M For For
Inc.
United Parcel Service, UPS 911312106 5/6/04 1.3 Elect Director James P. Kelly M For For
Inc.
United Parcel Service, UPS 911312106 5/6/04 1.4 Elect Director Ann M. Livermore M For For
Inc.
United Parcel Service, UPS 911312106 5/6/04 1.5 Elect Director Gary E. MacDougal M For For
Inc.
United Parcel Service, UPS 911312106 5/6/04 1.6 Elect Director Victor A. Pelson M For For
Inc.
United Parcel Service, UPS 911312106 5/6/04 1.7 Elect Director Lea N. Soupata M For For
Inc.
United Parcel Service, UPS 911312106 5/6/04 1.8 Elect Director Robert M. Teeter M For For
Inc.
United Parcel Service, UPS 911312106 5/6/04 1.9 Elect Director John W. Thompson M For For
Inc.
United Parcel Service, UPS 911312106 5/6/04 1.10 Elect Director Carol B. Tome M For For
Inc.
United Parcel Service, UPS 911312106 5/6/04 2 Ratify Auditors M For For
Inc.
Convergys Corp. CVG 212485106 4/27/04 1.1 Elect Director Zoe Baird M For For
Convergys Corp. CVG 212485106 4/27/04 1.2 Elect Director Roger L. Howe M For For
Convergys Corp. CVG 212485106 4/27/04 1.3 Elect Director Philip A. Odeen M For For
Convergys Corp. CVG 212485106 4/27/04 1.4 Elect Director James M. Zimmerman M For For
Convergys Corp. CVG 212485106 4/27/04 2 Amend Omnibus Stock Plan M For For
Convergys Corp. CVG 212485106 4/27/04 3 Approve Employee Stock Purchase M For For
Plan
Convergys Corp. CVG 212485106 4/27/04 4 Ratify Auditors M For For
Wyeth WYE 983024100 4/22/04 1.1 Elect Director Clifford L. M For For
Alexander, Jr.
Wyeth WYE 983024100 4/22/04 1.2 Elect Director Frank A. M For For
Bennack, Jr.
Wyeth WYE 983024100 4/22/04 1.3 Elect Director Richard L. Carrion M For For
Wyeth WYE 983024100 4/22/04 1.4 Elect Director Robert Essner M For For
Wyeth WYE 983024100 4/22/04 1.5 Elect Director John D. Feerick M For For
Wyeth WYE 983024100 4/22/04 1.6 Elect Director Robert Langer M For For
Wyeth WYE 983024100 4/22/04 1.7 Elect Director John P. Mascotte M For For
Wyeth WYE 983024100 4/22/04 1.8 Elect Director Mary Lake Polan M For For
Wyeth WYE 983024100 4/22/04 1.9 Elect Director Ivan G. Seidenberg M For For
Wyeth WYE 983024100 4/22/04 1.10 Elect Director Walter V. Shipley M For For
Wyeth WYE 983024100 4/22/04 1.11 Elect Director John R. Torell III M For For
Wyeth WYE 983024100 4/22/04 2 Ratify Auditors M For For
Wyeth WYE 983024100 4/22/04 3 Report on Drug Pricing S Against Against
Wyeth WYE 983024100 4/22/04 4 Amend Animal Testing Policy S Against Against
Allergan, Inc. AGN 018490102 4/28/04 1.1 Elect Director Handel E. Evans M For For
Allergan, Inc. AGN 018490102 4/28/04 1.2 Elect Director Michael R. M For For
Gallagher
Allergan, Inc. AGN 018490102 4/28/04 1.3 Elect Director Gavin S. Herbert M For For
Allergan, Inc. AGN 018490102 4/28/04 1.4 Elect Director Stephen J. Ryan M For For
Allergan, Inc. AGN 018490102 4/28/04 2 Ratify Auditors M For For
Allergan, Inc. AGN 018490102 4/28/04 3 Expense Stock Options S Against Against
Allergan, Inc. AGN 018490102 4/28/04 4 Separate Chairman and CEO S Against Against
Positions
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Doral Financial Corp. DRL 25811P100 4/21/04 1.1 Elect Director Richard F. Bonini M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.2 Elect Director Edgar M. M For For
Cullman, Jr
Doral Financial Corp. DRL 25811P100 4/21/04 1.3 Elect Director John L. Ernst M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.4 Elect Director Peter A. Hoffman M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.5 Elect Director Efraim Kier M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.6 Elect Director Salomon Levis M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.7 Elect Director Zoila Levis M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.8 Elect Director Harold D. Vicente M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.9 Elect Director John B. Hughes M For For
Doral Financial Corp. DRL 25811P100 4/21/04 2 Increase Authorized Common Stock M For For
Doral Financial Corp. DRL 25811P100 4/21/04 3 Increase Authorized Preferred M For Against
Stock
Doral Financial Corp. DRL 25811P100 4/21/04 4 Approve Omnibus Stock Plan M For For
Doral Financial Corp. DRL 25811P100 4/21/04 5 Ratify Auditors M For For
Capital One Financial COF 14040H105 4/29/04 1.1 Elect Director W. Ronald Dietz M For For
Corp.
Capital One Financial COF 14040H105 4/29/04 1.2 Elect Director Lewis Hay, III M For For
Corp.
Capital One Financial COF 14040H105 4/29/04 1.3 Elect Director Mayo A. M For For
Corp. Shattuck, III
Capital One Financial COF 14040H105 4/29/04 2 Ratify Auditors M For For
Corp.
Capital One Financial COF 14040H105 4/29/04 3 Approve Omnibus Stock Plan M For For
Corp.
Marriott International MAR 571903202 4/30/04 1.1 Elect Director Lawrence W. Kellner M For For
Inc. (New)
Marriott International MAR 571903202 4/30/04 1.2 Elect Director John W. M For For
Inc. (New) Marriott III
Marriott International MAR 571903202 4/30/04 1.3 Elect Director Harry J. Pearce M For For
Inc. (New)
Marriott International MAR 571903202 4/30/04 2 Ratify Auditors M For For
Inc. (New)
Marriott International MAR 571903202 4/30/04 3 Provide for Cumulative Voting S Against Against
Inc. (New)
Sealed Air Corp. SEE 81211K100 5/5/04 1.1 Elect Director Hank Brown M For For
Sealed Air Corp. SEE 81211K100 5/5/04 1.2 Elect Director Michael Chu M For For
Sealed Air Corp. SEE 81211K100 5/5/04 1.3 Elect Director Lawrence R. Codey M For For
Sealed Air Corp. SEE 81211K100 5/5/04 1.4 Elect Director T.J. Dermot Dunphy M For For
Sealed Air Corp. SEE 81211K100 5/5/04 1.5 Elect Director Charles F. M For For
Farrell, Jr.
Sealed Air Corp. SEE 81211K100 5/5/04 1.6 Elect Director William V. Hickey M For For
Sealed Air Corp. SEE 81211K100 5/5/04 1.7 Elect Director Kenneth P. Manning M For For
Sealed Air Corp. SEE 81211K100 5/5/04 1.8 Elect Director William J. Marino M For For
Sealed Air Corp. SEE 81211K100 5/5/04 2 Ratify Auditors M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.1 Elect Director John F. Akers M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.2 Elect Director Robert E. Allen M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.3 Elect Director Ray L. Hunt M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.4 Elect Director Arthur C. Martinez M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.5 Elect Director Indra K. Nooyi M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.6 Elect Director Franklin D. Raines M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.7 Elect Director Steven S. Reinemund M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.8 Elect Director Sharon Percy M For For
Rockefeller
PepsiCo, Inc. PEP 713448108 5/5/04 1.9 Elect Director James J. Schiro M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.10 Elect Director Franklin A. Thomas M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.11 Elect Director Cynthia M. Trudell M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.12 Elect Director Solomon D. Trujillo M For For
PepsiCo, Inc. PEP 713448108 5/5/04 1.13 Elect Director Daniel Vasella M For For
PepsiCo, Inc. PEP 713448108 5/5/04 2 Ratify Auditors M For For
PepsiCo, Inc. PEP 713448108 5/5/04 3 Approve Executive Incentive M For For
Bonus Plan
PepsiCo, Inc. PEP 713448108 5/5/04 4 Report on Political S Against Against
Contributions/Activities
PepsiCo, Inc. PEP 713448108 5/5/04 5 Report on Operational Impact of S Against Against
HIV/AIDS, TB, and Malaria Pandemic
The Boeing Co. BA 097023105 5/3/04 1.1 Elect Director John H. Biggs M For For
The Boeing Co. BA 097023105 5/3/04 1.2 Elect Director John E. Bryson M For For
The Boeing Co. BA 097023105 5/3/04 1.3 Elect Director Linda Z. Cook M For For
The Boeing Co. BA 097023105 5/3/04 1.4 Elect Director Rozanne L. Ridgway M For For
The Boeing Co. BA 097023105 5/3/04 2 Reduce Supermajority Vote M For For
Requirement
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
The Boeing Co. BA 097023105 5/3/04 3 Ratify Auditors M For For
The Boeing Co. BA 097023105 5/3/04 4 Develop Ethical Criteria for S Against Against
Military Contracts
The Boeing Co. BA 097023105 5/3/04 5 Adopt Amended Workplace Code of S Against Against
Conduct
The Boeing Co. BA 097023105 5/3/04 6 Declassify the Board of Directors S Against For
The Boeing Co. BA 097023105 5/3/04 7 Amend Vote Requirements to Amend S Against For
Articles/Bylaws/Charter
The Boeing Co. BA 097023105 5/3/04 8 Submit Severance Agreement S Against For
(Change-in-Control) to
Shareholder Vote
The Boeing Co. BA 097023105 5/3/04 9 Adopt a Policy that will Commit S Against Against
Executive & Directors to Hold at
least 75% of their Shares
The Boeing Co. BA 097023105 5/3/04 10 Provide Employees Choice of S Against Against
Pension Plans at Retirement or
Termination
LSI Logic Corp. LSI 502161102 5/6/04 1.1 Elect Director Wilfred J. Corrigan M For For
LSI Logic Corp. LSI 502161102 5/6/04 1.2 Elect Director James H. Keyes M For For
LSI Logic Corp. LSI 502161102 5/6/04 1.3 Elect Director Malcolm R. Currie M For For
LSI Logic Corp. LSI 502161102 5/6/04 1.4 Elect Director T.Z. Chu M For For
LSI Logic Corp. LSI 502161102 5/6/04 1.5 Elect Director R. Douglas Norby M For For
LSI Logic Corp. LSI 502161102 5/6/04 1.6 Elect Director Matthew J. O'Rourke M For For
LSI Logic Corp. LSI 502161102 5/6/04 1.7 Elect Director Gregorio Reyes M For For
LSI Logic Corp. LSI 502161102 5/6/04 1.8 Elect Director Larry W. Sonsini M For Withhold
LSI Logic Corp. LSI 502161102 5/6/04 2 Amend Employee Stock Purchase Plan M For For
LSI Logic Corp. LSI 502161102 5/6/04 3 Amend Employee Stock Purchase Plan M For For
LSI Logic Corp. LSI 502161102 5/6/04 4 Approve/Amend Executive Incentive M For For
Bonus Plan
LSI Logic Corp. LSI 502161102 5/6/04 5 Ratify Auditors M For For
Kohl's Corp. KSS 500255104 4/28/04 1.1 Elect Director Wayne Embry M For For
Kohl's Corp. KSS 500255104 4/28/04 1.2 Elect Director John F. Herma M For For
Kohl's Corp. KSS 500255104 4/28/04 1.3 Elect Director R. Lawrence M For For
Montgomery
Kohl's Corp. KSS 500255104 4/28/04 1.4 Elect Director Frank V. Sica M For For
Kohl's Corp. KSS 500255104 4/28/04 2 Ratify Auditors M For For
Kohl's Corp. KSS 500255104 4/28/04 3 Performance-Based Stock/Indexed S Against Against
Options
Kohl's Corp. KSS 500255104 4/28/04 4 Separate Chairman and CEO S Against Against
Positions
The Charles Schwab Corp. SCH 808513105 5/17/04 1.1 Elect Director Donald G. Fisher M For For
The Charles Schwab Corp. SCH 808513105 5/17/04 1.2 Elect Director Paula A. Sneed M For For
The Charles Schwab Corp. SCH 808513105 5/17/04 1.3 Elect Director David B. Yoffie M For For
The Charles Schwab Corp. SCH 808513105 5/17/04 2 Approve Omnibus Stock Plan M For For
Intel Corp. INTC 458140100 5/19/04 1.1 Elect Director Craig R. Barrett M For For
Intel Corp. INTC 458140100 5/19/04 1.2 Elect Director Charlene Barshefsky M For For
Intel Corp. INTC 458140100 5/19/04 1.3 Elect Director E. John P. Browne M For For
Intel Corp. INTC 458140100 5/19/04 1.4 Elect Director Andrew S. Grove M For For
Intel Corp. INTC 458140100 5/19/04 1.5 Elect Director D. James Guzy M For Withhold
Intel Corp. INTC 458140100 5/19/04 1.6 Elect Director Reed E. Hundt M For For
Intel Corp. INTC 458140100 5/19/04 1.7 Elect Director Paul S. Otellini M For For
Intel Corp. INTC 458140100 5/19/04 1.8 Elect Director David S. Pottruck M For For
Intel Corp. INTC 458140100 5/19/04 1.9 Elect Director Jane E. Shaw M For For
Intel Corp. INTC 458140100 5/19/04 1.10 Elect Director John L. Thornton M For For
Intel Corp. INTC 458140100 5/19/04 1.11 Elect Director David B. Yoffie M For For
Intel Corp. INTC 458140100 5/19/04 2 Ratify Auditors M For For
Intel Corp. INTC 458140100 5/19/04 3 Approve Omnibus Stock Plan M For For
Intel Corp. INTC 458140100 5/19/04 4 Expense Stock Options S Against Against
Intel Corp. INTC 458140100 5/19/04 5 Limit/Prohibit Awards to S Against Against
Executives
Intel Corp. INTC 458140100 5/19/04 6 Performance- Based/Indexed Options S Against Against
IMS Health Inc. RX 449934108 5/7/04 1.1 Elect Director James D. Edwards M For For
IMS Health Inc. RX 449934108 5/7/04 1.2 Elect Director David M. Thomas M For For
IMS Health Inc. RX 449934108 5/7/04 1.3 Elect Director William C. Van M For For
Faasen
IMS Health Inc. RX 449934108 5/7/04 2 Ratify Auditors M For For
IMS Health Inc. RX 449934108 5/7/04 3 Declassify the Board of Directors S Against For
IMS Health Inc. RX 449934108 5/7/04 4 Submit Severance Agreement S Against For
(Change-in-Control) to Shareholder
Vote
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Echostar Communications DISH 278762109 5/6/04 1.1 Elect Director Michael T. Dugan M For Withhold
Corp.
Echostar Communications DISH 278762109 5/6/04 1.2 Elect Director James Defranco M For Withhold
Corp.
Echostar Communications DISH 278762109 5/6/04 1.3 Elect Director Cantey Ergen M For Withhold
Corp.
Echostar Communications DISH 278762109 5/6/04 1.4 Elect Director Charles W. Ergen M For Withhold
Corp.
Echostar Communications DISH 278762109 5/6/04 1.5 Elect Director Raymond L. Friedlob M For Withhold
Corp.
Echostar Communications DISH 278762109 5/6/04 1.6 Elect Director Steven R. Goodbarn M For Withhold
Corp.
Echostar Communications DISH 278762109 5/6/04 1.7 Elect Director David K. Moskowitz M For Withhold
Corp.
Echostar Communications DISH 278762109 5/6/04 1.8 Elect Director C. Michael M For Withhold
Corp. Schroeder
Echostar Communications DISH 278762109 5/6/04 2 Ratify Auditors M For For
Corp.
Echostar Communications DISH 278762109 5/6/04 3 Other Business M For Against
Corp.
3M CO MMM 88579Y101 5/11/04 1.1 Elect Director Edward A. Brennan M For Withhold
3M CO MMM 88579Y101 5/11/04 1.2 Elect Director Michael L. Eskew M For Withhold
3M CO MMM 88579Y101 5/11/04 1.3 Elect Director W. James McNerney, M For Withhold
Jr.
3M CO MMM 88579Y101 5/11/04 1.4 Elect Director Kevin W. Sharer M For Withhold
3M CO MMM 88579Y101 5/11/04 2 Ratify Auditors M For For
3M CO MMM 88579Y101 5/11/04 3 Increase Authorized Common Stock M For For
3M CO MMM 88579Y101 5/11/04 4 Separate Chairman and CEO Positions S Against Against
Entergy Corp. ETR 29364G103 5/14/04 1.1 Elect Director Maureen Scannell M For For
Bateman
Entergy Corp. ETR 29364G103 5/14/04 1.2 Elect Director W. Frank Blount M For For
Entergy Corp. ETR 29364G103 5/14/04 1.3 Elect Director Simon D. deBree M For For
Entergy Corp. ETR 29364G103 5/14/04 1.4 Elect Director Claiborne P. Deming M For For
Entergy Corp. ETR 29364G103 5/14/04 1.5 Elect Director Alexis M. Herman M For For
Entergy Corp. ETR 29364G103 5/14/04 1.6 Elect Director Donald C. Hintz M For For
Entergy Corp. ETR 29364G103 5/14/04 1.7 Elect Director J. Wayne Leonard M For For
Entergy Corp. ETR 29364G103 5/14/04 1.8 Elect Director Robert v.d. Luft M For For
Entergy Corp. ETR 29364G103 5/14/04 1.9 Elect Director Kathleen A. Murphy M For For
Entergy Corp. ETR 29364G103 5/14/04 1.10 Elect Director Paul W. Murrill M For For
Entergy Corp. ETR 29364G103 5/14/04 1.11 Elect Director James R. Nichols M For For
Entergy Corp. ETR 29364G103 5/14/04 1.12 Elect Director William A. Percy, M For For
II
Entergy Corp. ETR 29364G103 5/14/04 1.13 Elect Director Dennis H. Reilley M For For
Entergy Corp. ETR 29364G103 5/14/04 1.14 Elect Director Wm. Clifford Smith M For For
Entergy Corp. ETR 29364G103 5/14/04 1.15 Elect Director Bismark A. M For For
Steinhagen
Entergy Corp. ETR 29364G103 5/14/04 1.16 Elect Director Steven V. Wilkinson M For For
Entergy Corp. ETR 29364G103 5/14/04 2 Ratify Auditors M For For
Entergy Corp. ETR 29364G103 5/14/04 3 Submit Severance Agreement
(Change-in-Control) to Shareholder S Against For
Vote
Entergy Corp. ETR 29364G103 5/14/04 4 Restore or Provide for Cumulative S Against Against
Voting
Entergy Corp. ETR 29364G103 5/14/04 5 Prohibit Awards to Executives S Against Against
Yum Brands, Inc. YUM 988498101 5/20/04 1.1 Elect Director Robert Holland, Jr. M For For
Yum Brands, Inc. YUM 988498101 5/20/04 1.2 Elect Director David C. Novak M For For
Yum Brands, Inc. YUM 988498101 5/20/04 1.3 Elect Director Jackie Trujillo M For For
Yum Brands, Inc. YUM 988498101 5/20/04 2 Approve Executive Incentive Bonus M For For
Plan
Yum Brands, Inc. YUM 988498101 5/20/04 3 Ratify Auditors M For For
Yum Brands, Inc. YUM 988498101 5/20/04 4 Adopt Smoke-Free Restaurant Policy S Against Against
Yum Brands, Inc. YUM 988498101 5/20/04 5 Prepare a Sustainability Report S Against Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Yum Brands, Inc. YUM 988498101 5/20/04 6 Adopt MacBride Principles S Against Against
Yum Brands, Inc. YUM 988498101 5/20/04 7 Report on Genetically Modified S Against Against
Organisms (GMO)
Yum Brands, Inc. YUM 988498101 5/20/04 8 Report on Animal Welfare Standards S Against Against
CenturyTel, Inc. CTL 156700106 5/6/04 1.1 Elect Director William R. Boles, M For Withhold
Jr.
CenturyTel, Inc. CTL 156700106 5/6/04 1.2 Elect Director W. Bruce Hanks M For For
CenturyTel, Inc. CTL 156700106 5/6/04 1.3 Elect Director C.G. Melville, Jr. M For For
CenturyTel, Inc. CTL 156700106 5/6/04 1.4 Elect Director Glen F. Post, III M For For
CenturyTel, Inc. CTL 156700106 5/6/04 2 Ratify Auditors M For For
Mercury Interactive Corp. MERQ 589405109 5/19/04 1.1 Elect Director Amnon Landan M For For
Mercury Interactive Corp. MERQ 589405109 5/19/04 1.2 Elect Director Igal Kohavi M For For
Mercury Interactive Corp. MERQ 589405109 5/19/04 1.3 Elect Director Clyde Ostler M For For
Mercury Interactive Corp. MERQ 589405109 5/19/04 1.4 Elect Director Yair Shamir M For For
Mercury Interactive Corp. MERQ 589405109 5/19/04 1.5 Elect Director Giora Yaron M For For
Mercury Interactive Corp. MERQ 589405109 5/19/04 1.6 Elect Director Anthony Zingale M For For
Mercury Interactive Corp. MERQ 589405109 5/19/04 2 Increase Authorized Common Stock M For For
Mercury Interactive Corp. MERQ 589405109 5/19/04 3 Ratify Auditors M For For
Xerox Corp. XRX 984121103 5/20/04 1.1 Elect Director Glenn A. Britt M For Withhold
Xerox Corp. XRX 984121103 5/20/04 1.2 Elect Director Richard J. M For Withhold
Harrington
Xerox Corp. XRX 984121103 5/20/04 1.3 Elect Director William Curt Hunter M For Withhold
Xerox Corp. XRX 984121103 5/20/04 1.4 Elect Director Vernon E. Jordan, M For Withhold
Jr.
Xerox Corp. XRX 984121103 5/20/04 1.5 Elect Director Hilmar Kopper M For Withhold
Xerox Corp. XRX 984121103 5/20/04 1.6 Elect Director Ralph S. Larsen M For Withhold
Xerox Corp. XRX 984121103 5/20/04 1.7 Elect Director Anne M. Mulcahy M For Withhold
Xerox Corp. XRX 984121103 5/20/04 1.8 Elect Director N.J. Nicholas, Jr. M For Withhold
Xerox Corp. XRX 984121103 5/20/04 1.9 Elect Director John E. Pepper M For Withhold
Xerox Corp. XRX 984121103 5/20/04 1.10 Elect Director Ann N. Reese M For Withhold
Xerox Corp. XRX 984121103 5/20/04 1.11 Elect Director Stephen Robert M For Withhold
Xerox Corp. XRX 984121103 5/20/04 2 Ratify Auditors M For For
Xerox Corp. XRX 984121103 5/20/04 3 Approve Omnibus Stock Plan M For Against
Xerox Corp. XRX 984121103 5/20/04 4 Approve Non-Employee Director M For For
Omnibus Stock Plan
Freeport-McMoRan Copper FCX 35671D857 5/6/04 1.1 Elect Director Robert J. Allison, M For For
& Gold Inc. Jr.
Freeport-McMoRan Copper FCX 35671D857 5/6/04 1.2 Elect Director R. Leigh Clifford M For Withhold
& Gold Inc.
Freeport-McMoRan Copper FCX 35671D857 5/6/04 1.3 Elect Director James R. Moffett M For For
& Gold Inc.
Freeport-McMoRan Copper FCX 35671D857 5/6/04 1.4 Elect Director B. M. Rankin, Jr. M For Withhold
& Gold Inc.
Freeport-McMoRan Copper FCX 35671D857 5/6/04 1.5 Elect Director J. Taylor Wharton M For For
& Gold Inc.
Freeport-McMoRan Copper FCX 35671D857 5/6/04 2 Ratify Auditors M For For
& Gold Inc.
Freeport-McMoRan Copper FCX 35671D857 5/6/04 3 Approve Non-Employee Director M For For
& Gold Inc. Omnibus Stock Plan
Freeport-McMoRan Copper FCX 35671D857 5/6/04 4 Halt Payments to Indonesian S Against Against
& Gold Inc. Military
Liz Claiborne, Inc. LIZ 539320101 5/20/04 1.1 Elect Director Raul J. Fernandez M For For
Liz Claiborne, Inc. LIZ 539320101 5/20/04 1.2 Elect Director Mary Kay Haben M For For
Liz Claiborne, Inc. LIZ 539320101 5/20/04 1.3 Elect Director Kenneth P. Kopelman M For Withhold
Liz Claiborne, Inc. LIZ 539320101 5/20/04 1.4 Elect Director Arthur C. Martinez M For For
Liz Claiborne, Inc. LIZ 539320101 5/20/04 2 Ratify Auditors M For For
The Timberland Co. TBL 887100105 5/20/04 1.1 Fix Number of and Elect Director M For Withhold
Sidney W. Swartz
The Timberland Co. TBL 887100105 5/20/04 1.2 Elect Director Jeffrey B. Swartz M For Withhold
The Timberland Co. TBL 887100105 5/20/04 1.3 Elect Director John E. Beard M For Withhold
The Timberland Co. TBL 887100105 5/20/04 1.4 Elect Director John F. Brennan M For Withhold
The Timberland Co. TBL 887100105 5/20/04 1.5 Elect Director Ian W. Diery M For Withhold
The Timberland Co. TBL 887100105 5/20/04 1.6 Elect Director Irene M. Esteves M For Withhold
The Timberland Co. TBL 887100105 5/20/04 1.7 Elect Director John A. Fitzsimmons M For Withhold
The Timberland Co. TBL 887100105 5/20/04 1.8 Elect Director Virginia H. Kent M For Withhold
The Timberland Co. TBL 887100105 5/20/04 1.9 Elect Director Bill Shore M For Withhold
UnitedHealth Group UNH 91324P102 5/12/04 1.1 Elect Director William C. Ballard, M For Withhold
Incorporated Jr.
UnitedHealth Group UNH 91324P102 5/12/04 1.2 Elect Director Richard T. Burke M For Withhold
Incorporated
UnitedHealth Group UNH 91324P102 5/12/04 1.3 Elect Director Stephen J. Hemsle M For Withhold
Incorporated
UnitedHealth Group UNH 91324P102 5/12/04 1.4 Elect Director Donna E. Shalala M For Withhold
Incorporated
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
UnitedHealth Group UNH 91324P102 5/12/04 2 Ratify Auditors M For For
Incorporated
UnitedHealth Group UNH 91324P102 5/12/04 3 Expense Stock Options S Against Against
Incorporated
UnitedHealth Group UNH 91324P102 5/12/04 4 Limit Awards to Executives S Against Against
Incorporated
L-3 Communications LLL 502424104 4/27/04 1.1 Elect Director Claude R. Canizares M For For
Holdings, Inc.
L-3 Communications LLL 502424104 4/27/04 1.2 Elect Director Thomas A. Corcoran M For For
Holdings, Inc.
L-3 Communications LLL 502424104 4/27/04 1.3 Elect Director Alan H. Washkowitz M For For
Holdings, Inc.
L-3 Communications LLL 502424104 4/27/04 2 Ratify Auditors M For For
Holdings, Inc.
L-3 Communications LLL 502424104 4/27/04 3 Amend Omnibus Stock Plan M For Against
Holdings, Inc.
L-3 Communications LLL 502424104 4/27/04 4 Amend Omnibus Stock Plan M For For
Holdings, Inc.
Getty Images, Inc. GYI 374276103 5/17/04 1.1 Elect Director James N. Bailey M For For
Getty Images, Inc. GYI 374276103 5/17/04 1.2 Elect Director Andrew S. Garb M For For
Getty Images, Inc. GYI 374276103 5/17/04 1.3 Elect Director David Landau M For For
Getty Images, Inc. GYI 374276103 5/17/04 2 Ratify Auditors M For For
Time Warner Inc TWX 887317105 5/21/04 1.1 Elect Director James L. Barksdale M For For
Time Warner Inc TWX 887317105 5/21/04 1.2 Elect Director Stephen F. M For For
Bollenbach
Time Warner Inc TWX 887317105 5/21/04 1.3 Elect Director Stephen M. Case M For For
Time Warner Inc TWX 887317105 5/21/04 1.4 Elect Director Frank J. Caufield M For For
Time Warner Inc TWX 887317105 5/21/04 1.5 Elect Director Robert C. Clark M For For
Time Warner Inc TWX 887317105 5/21/04 1.6 Elect Director Miles R. Gilburne M For For
Time Warner Inc TWX 887317105 5/21/04 1.7 Elect Director Carla A. Hills M For For
Time Warner Inc TWX 887317105 5/21/04 1.8 Elect Director Reuben Mark M For For
Time Warner Inc TWX 887317105 5/21/04 1.9 Elect Director Michael A. Miles M For For
Time Warner Inc TWX 887317105 5/21/04 1.10 Elect Director Kenneth J. Novack M For For
Time Warner Inc TWX 887317105 5/21/04 1.11 Elect Director Richard D. Parsons M For For
Time Warner Inc TWX 887317105 5/21/04 1.12 Elect Director R. E. Turner M For For
Time Warner Inc TWX 887317105 5/21/04 1.13 Elect Director Francis T. Vincent, M For For
Jr.
Time Warner Inc TWX 887317105 5/21/04 2 Ratify Auditors M For For
Time Warner Inc TWX 887317105 5/21/04 3 Adopt China Principles S Against Against
Time Warner Inc TWX 887317105 5/21/04 4 Report on Pay Disparity S Against Against
Intersil Corporation ISIL 46069S109 5/12/04 1.1 Elect Director Gregory L. Williams M For For
Intersil Corporation ISIL 46069S109 5/12/04 1.2 Elect Director Richard M. Beyer M For For
Intersil Corporation ISIL 46069S109 5/12/04 1.3 Elect Director Dr. Robert W. Conn M For For
Intersil Corporation ISIL 46069S109 5/12/04 1.4 Elect Director James V. Diller M For For
Intersil Corporation ISIL 46069S109 5/12/04 1.5 Elect Director Gary E. Gist M For For
Intersil Corporation ISIL 46069S109 5/12/04 1.6 Elect Director Jan Peeters M For For
Intersil Corporation ISIL 46069S109 5/12/04 1.7 Elect Director Robert N. M For For
Pokelwaldt
Intersil Corporation ISIL 46069S109 5/12/04 1.8 Elect Director James A. Urry M For For
Intersil Corporation ISIL 46069S109 5/12/04 2 Ratify Auditors M For For
Intersil Corporation ISIL 46069S109 5/12/04 3 Amend Omnibus Stock Plan M For Against
Amgen, Inc. AMGN 031162100 5/13/04 1.1 Elect Director Frank J. Biondi, Jr. M For For
Amgen, Inc. AMGN 031162100 5/13/04 1.2 Elect Director Jerry D. Choate M For For
Amgen, Inc. AMGN 031162100 5/13/04 1.3 Elect Director Frank C. Herringer M For For
Amgen, Inc. AMGN 031162100 5/13/04 1.4 Elect Director Gilbert S. Omenn M For For
Amgen, Inc. AMGN 031162100 5/13/04 2 Ratify Auditors M For For
Amgen, Inc. AMGN 031162100 5/13/04 3 Prepare Glass Ceiling Report S Against Against
Amgen, Inc. AMGN 031162100 5/13/04 4 Expense Stock Options S Against Against
Altera Corp. ALTR 021441100 5/11/04 1.1 Elect Director John P. Daane M For For
Altera Corp. ALTR 021441100 5/11/04 1.2 Elect Director Robert W. Reed M For For
Altera Corp. ALTR 021441100 5/11/04 1.3 Elect Director Charles M. Clough M For For
Altera Corp. ALTR 021441100 5/11/04 1.4 Elect Director Robert J. Finocchio M For For
Jr
Altera Corp. ALTR 021441100 5/11/04 1.5 Elect Director Kevin Mcgarity M For For
Altera Corp. ALTR 021441100 5/11/04 1.6 Elect Director Paul Newhagen M For For
Altera Corp. ALTR 021441100 5/11/04 1.7 Elect Director William E. Terry M For For
Altera Corp. ALTR 021441100 5/11/04 1.8 Elect Director Susan Wang M For For
Altera Corp. ALTR 021441100 5/11/04 2 Amend Stock Option Plan M For Against
Altera Corp. ALTR 021441100 5/11/04 3 Amend Employee Stock Purchase Plan M For For
Altera Corp. ALTR 021441100 5/11/04 4 Ratify Auditors M For For
Altera Corp. ALTR 021441100 5/11/04 5 Approve Option Expensing S Against Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
American International AIG 026874107 5/19/04 1.1 Elect Director M. Bernard Aidinoff M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.2 Elect Director Pei-Yuan Chia M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.3 Elect Director Marshall A. Cohen M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.4 Elect Director Willaim S. Cohen M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.5 Elect Director Martin S. Feldstein M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.6 Elect Director Ellen V. Futter M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.7 Elect Director Maurice R. Greenberg M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.8 Elect Director Carla A. Hills M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.9 Elect Director Frank J. Hoenemeyer M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.10 Elect Director Richard C. Holbrooke M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.11 Elect Director Donald P. Kanak M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.12 Elect Director Howard I. Smith M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.13 Elect Director Martin J. Sullivan M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.14 Elect Director Edmund S.W. Tse M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.15 Elect Director Frank G. Zarb M For For
Group, Inc.
American International AIG 026874107 5/19/04 2 Approve Executive Incentive Bonus M For For
Group, Inc. Plan
American International AIG 026874107 5/19/04 3 Approve Non-Employee Director M For For
Group, Inc. Stock Option Plan
American International AIG 026874107 5/19/04 4 Ratify Auditors M For For
Group, Inc.
American International AIG 026874107 5/19/04 5 Report on Political S Against Against
Group, Inc. Contributions/Activities
American International AIG 026874107 5/19/04 6 Divest from Tobacco Equities S Against Against
Group, Inc.
American International AIG 026874107 5/19/04 7 Link Executive Compensation to S Against Against
Group, Inc. Predatory Lending
Manor Care, Inc. HCR 564055101 5/5/04 1.1 Elect Director Virgis W. Colbert M For For
Manor Care, Inc. HCR 564055101 5/5/04 1.2 Elect Director William H. Longfield M For For
Manor Care, Inc. HCR 564055101 5/5/04 1.3 Elect Director Paul A. Ormond M For For
Manor Care, Inc. HCR 564055101 5/5/04 2 Amend Omnibus Stock Plan M For For
Manor Care, Inc. HCR 564055101 5/5/04 3 Declassify the Board of Directors M For For
Manor Care, Inc. HCR 564055101 5/5/04 4 Ratify Auditors M For For
Manor Care, Inc. HCR 564055101 5/5/04 5 Limit Executive Compensation S Against Against
SunGard Data Systems Inc. SDS 867363103 5/14/04 1.1 Elect Director Gregory S. Bentley M For For
SunGard Data Systems Inc. SDS 867363103 5/14/04 1.2 Elect Director Michael C. Brooks M For For
SunGard Data Systems Inc. SDS 867363103 5/14/04 1.3 Elect Director Cristobal Conde M For For
SunGard Data Systems Inc. SDS 867363103 5/14/04 1.4 Elect Director Ramon de Oliveira M For For
SunGard Data Systems Inc. SDS 867363103 5/14/04 1.5 Elect Director Henry C. Duques M For For
SunGard Data Systems Inc. SDS 867363103 5/14/04 1.6 Elect Director Albert A. Eisenstat M For For
SunGard Data Systems Inc. SDS 867363103 5/14/04 1.7 Elect Director Bernard Goldstein M For For
SunGard Data Systems Inc. SDS 867363103 5/14/04 1.8 Elect Director Janet Brutschea M For For
Haugen
SunGard Data Systems Inc. SDS 867363103 5/14/04 1.9 Elect Director James L. Mann M For For
SunGard Data Systems Inc. SDS 867363103 5/14/04 1.10 Elect Director Malcolm I. Ruddock M For For
SunGard Data Systems Inc. SDS 867363103 5/14/04 2 Ratify Auditors M For For
Radioshack Corp. RSH 750438103 5/20/04 1.1 Elect Director Frank J. Belatti M For For
Radioshack Corp. RSH 750438103 5/20/04 1.2 Elect Director Ronald E. Elmquist M For For
Radioshack Corp. RSH 750438103 5/20/04 1.3 Elect Director Robert S. Falcone M For For
Radioshack Corp. RSH 750438103 5/20/04 1.4 Elect Director Daniel R. Feehan M For For
Radioshack Corp. RSH 750438103 5/20/04 1.5 Elect Director Richard J. Hernandez M For For
Radioshack Corp. RSH 750438103 5/20/04 1.6 Elect Director Lawrence V. Jackson M For Withhold
Radioshack Corp. RSH 750438103 5/20/04 1.7 Elect Director Robert J. Kamerschen M For For
Radioshack Corp. RSH 750438103 5/20/04 1.8 Elect Director H. Eugene Lockhart M For For
Radioshack Corp. RSH 750438103 5/20/04 1.9 Elect Director Jack L. Messman M For For
Radioshack Corp. RSH 750438103 5/20/04 1.10 Elect Director William G. Morton, M For For
Jr.
Radioshack Corp. RSH 750438103 5/20/04 1.11 Elect Director Thomas G. Plaskett M For For
Radioshack Corp. RSH 750438103 5/20/04 1.12 Elect Director Leonard H. Roberts M For For
Radioshack Corp. RSH 750438103 5/20/04 1.13 Elect Director Edwina D. Woodbury M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Radioshack Corp. RSH 750438103 5/20/04 2 Approve Deferred Compensation Plan M For For
Radioshack Corp. RSH 750438103 5/20/04 3 Approve Executive Incentive Bonus M For Against
Plan
Boston Scientific Corp. BSX 101137107 5/11/04 1.1 Elect Director Ursula M. Burns M For For
Boston Scientific Corp. BSX 101137107 5/11/04 1.2 Elect Director Marye Anne Fox M For For
Boston Scientific Corp. BSX 101137107 5/11/04 1.3 Elect Director N.J. Nicholas, Jr. M For For
Boston Scientific Corp. BSX 101137107 5/11/04 1.4 Elect Director John E. Pepper M For For
Boston Scientific Corp. BSX 101137107 5/11/04 2 Ratify Auditors M For For
Mattel, Inc. MAT 577081102 5/13/04 1.1 Elect Director Eugene P. Beard M For For
Mattel, Inc. MAT 577081102 5/13/04 1.2 Elect Director Michael J. Dolan M For For
Mattel, Inc. MAT 577081102 5/13/04 1.3 Elect Director Robert A. Eckert M For For
Mattel, Inc. MAT 577081102 5/13/04 1.4 Elect Director Tully M. Friedman M For For
Mattel, Inc. MAT 577081102 5/13/04 1.5 Elect Director Ronald M. Loeb M For For
Mattel, Inc. MAT 577081102 5/13/04 1.6 Elect Director Andrea L. Rich M For For
Mattel, Inc. MAT 577081102 5/13/04 1.7 Elect Director Ronald L. Sargent M For For
Mattel, Inc. MAT 577081102 5/13/04 1.8 Elect Director Christopher A. M For For
Sinclair
Mattel, Inc. MAT 577081102 5/13/04 1.9 Elect Director G. Craig Sullivan M For For
Mattel, Inc. MAT 577081102 5/13/04 1.10 Elect Director John L. Vogelstein M For For
Mattel, Inc. MAT 577081102 5/13/04 1.11 Elect Director Kathy Brittain White M For For
Mattel, Inc. MAT 577081102 5/13/04 2 Ratify Auditors M For For
Mattel, Inc. MAT 577081102 5/13/04 3 Limit Awards to Executives S Against Against
Mattel, Inc. MAT 577081102 5/13/04 4 Prohibit Auditor from Providing S Against Against
Non-Audit Services
Caremark Rx, Inc. CMX 141705103 5/4/04 1.1 Elect Director Edwin M. Banks M For For
Caremark Rx, Inc. CMX 141705103 5/4/04 1.2 Elect Director Colleen C. Welch, M For For
Ph.D.
Caremark Rx, Inc. CMX 141705103 5/4/04 1.3 Elect Director Roger L. Headrick M For For
Caremark Rx, Inc. CMX 141705103 5/4/04 1.4 Elect Director Jean-Pierre Millon M For For
St. Jude Medical, Inc. STJ 790849103 5/12/04 1.1 Elect Director Michael A. Rocca M For For
St. Jude Medical, Inc. STJ 790849103 5/12/04 1.2 Elect Director David A. Thompson M For For
St. Jude Medical, Inc. STJ 790849103 5/12/04 1.3 Elect Director Stefan K. M For For
Widensohler
St. Jude Medical, Inc. STJ 790849103 5/12/04 2 Ratify Auditors M For For
St. Jude Medical, Inc. STJ 790849103 5/12/04 3 Approve Executive Incentive Bonus M For For
Plan
St. Jude Medical, Inc. STJ 790849103 5/12/04 4 Increase Authorized Common Stock M For For
St. Jude Medical, Inc. STJ 790849103 5/12/04 5 Limit Executive Compensation S Against Against
Home Depot, Inc. (The) HD 437076102 5/27/04 1.1 Elect Director Gregory D. Brenneman M For For
Home Depot, Inc. (The) HD 437076102 5/27/04 1.2 Elect Director Richard H. Brown M For For
Home Depot, Inc. (The) HD 437076102 5/27/04 1.3 Elect Director John L. Clendenin M For For
Home Depot, Inc. (The) HD 437076102 5/27/04 1.4 Elect Director Berry R. Cox M For For
Home Depot, Inc. (The) HD 437076102 5/27/04 1.5 Elect Director Claudio X. Gonzalez M For Withhold
Home Depot, Inc. (The) HD 437076102 5/27/04 1.6 Elect Director Milledge A. Hart, M For For
III
Home Depot, Inc. (The) HD 437076102 5/27/04 1.7 Elect Director Bonnie G. Hill M For For
Home Depot, Inc. (The) HD 437076102 5/27/04 1.8 Elect Director Kenneth G. Langone M For For
Home Depot, Inc. (The) HD 437076102 5/27/04 1.9 Elect Director Robert L. Nardelli M For For
Home Depot, Inc. (The) HD 437076102 5/27/04 1.10 Elect Director Roger S. Penske M For For
Home Depot, Inc. (The) HD 437076102 5/27/04 2 Ratify Auditors M For For
Home Depot, Inc. (The) HD 437076102 5/27/04 3 Establish Term Limits for Directors S Against Against
Home Depot, Inc. (The) HD 437076102 5/27/04 4 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
Home Depot, Inc. (The) HD 437076102 5/27/04 5 Performance- Based/Indexed Options S Against Against
Home Depot, Inc. (The) HD 437076102 5/27/04 6 Adopt ILO Based Code of Conduct S Against Against
Home Depot, Inc. (The) HD 437076102 5/27/04 7 Submit Severance Agreement S Against For
(Change-in-Control) to Shareholder
Vote
Home Depot, Inc. (The) HD 437076102 5/27/04 8 Require Affirmative Vote of the S Against Against
Majority of the Shares to Elect
Directors
Masco Corp. MAS 574599106 5/11/04 1.1 Elect Director Peter A. Dow M For For
Masco Corp. MAS 574599106 5/11/04 1.2 Elect Director Anthony F. Earley, M For For
Jr.
Masco Corp. MAS 574599106 5/11/04 1.3 Elect Director Wayne B. Lyon M For For
Masco Corp. MAS 574599106 5/11/04 1.4 Elect Director David L. Johnston M For For
Masco Corp. MAS 574599106 5/11/04 1.5 Elect Director J. Michael Losh M For For
Masco Corp. MAS 574599106 5/11/04 2 Approve Executive Incentive Bonus M For For
Plan
Masco Corp. MAS 574599106 5/11/04 3 Ratify Auditors M For For
Williams-Sonoma, Inc. WSM 969904101 5/19/04 1.1 Elect Director W. Howard Lester M For For
Williams-Sonoma, Inc. WSM 969904101 5/19/04 1.2 Elect Director Edward A. Mueller M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Williams-Sonoma, Inc. WSM 969904101 5/19/04 1.3 Elect Director Sanjiv Ahuja M For For
Williams-Sonoma, Inc. WSM 969904101 5/19/04 1.4 Elect Director Adrian D.P. Bellamy M For For
Williams-Sonoma, Inc. WSM 969904101 5/19/04 1.5 Elect Director Patrick J. Connolly M For For
Williams-Sonoma, Inc. WSM 969904101 5/19/04 1.6 Elect Director Jeanne P. Jackson M For For
Williams-Sonoma, Inc. WSM 969904101 5/19/04 1.7 Elect Director Michael R. Lynch M For For
Williams-Sonoma, Inc. WSM 969904101 5/19/04 1.8 Elect Director Richard T. Robertson M For For
Williams-Sonoma, Inc. WSM 969904101 5/19/04 2 Amend Stock Option Plan M For For
Williams-Sonoma, Inc. WSM 969904101 5/19/04 3 Ratify Auditors M For For
Edison International EIX 281020107 5/20/04 1.1 Elect Director John E. Bryson M For For
Edison International EIX 281020107 5/20/04 1.2 Elect Director France A. Cordova M For For
Edison International EIX 281020107 5/20/04 1.3 Elect Director Bradford M. Freeman M For For
Edison International EIX 281020107 5/20/04 1.4 Elect Director Bruce Karatz M For For
Edison International EIX 281020107 5/20/04 1.5 Elect Director Luis G. Nogales M For For
Edison International EIX 281020107 5/20/04 1.6 Elect Director Ronald L. Olson M For Withhold
Edison International EIX 281020107 5/20/04 1.7 Elect Director James M. Rosser M For For
Edison International EIX 281020107 5/20/04 1.8 Elect Director Richard T. M For For
Schlosberg, III
Edison International EIX 281020107 5/20/04 1.9 Elect Director Robert H. Smith M For For
Edison International EIX 281020107 5/20/04 1.10 Elect Director Thomas C. Sutton M For For
Edison International EIX 281020107 5/20/04 2 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
Southwest Airlines Co. LUV 844741108 5/19/04 1.1 Elect Director Herbert D. Kelleher M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 1.2 Elect Director Rollin W. King M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 1.3 Elect Director June M. Morris M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 1.4 Elect Director C. Webb Crockett M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 1.5 Elect Director William P. Hobby M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 1.6 Elect Director Travis C. Johnson M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 2 Ratify Auditors M For For
Anthem Inc. ATH 03674B104 5/17/04 1.1 Elect Director Victor S. Liss M For For
Anthem Inc. ATH 03674B104 5/17/04 1.2 Elect Director James W. McDowell, M For For
Jr.
Anthem Inc. ATH 03674B104 5/17/04 1.3 Elect Director George A. Schaefer, M For For
Jr.
Anthem Inc. ATH 03674B104 5/17/04 1.4 Elect Director Jackie M. Ward M For For
Advance Auto Parts Inc AAP 00751Y106 5/19/04 1.1 Elect Director Lawrence P. M For For
Castellani
Advance Auto Parts Inc AAP 00751Y106 5/19/04 1.2 Elect Director John C. Brouillard M For For
Advance Auto Parts Inc AAP 00751Y106 5/19/04 1.3 Elect Director Gilbert T. Ray M For For
Advance Auto Parts Inc AAP 00751Y106 5/19/04 1.4 Elect Director John M. Roth M For For
Advance Auto Parts Inc AAP 00751Y106 5/19/04 1.5 Elect Director Carlos A. Saladrigas M For For
Advance Auto Parts Inc AAP 00751Y106 5/19/04 1.6 Elect Director William L. Salter M For For
Advance Auto Parts Inc AAP 00751Y106 5/19/04 1.7 Elect Director Francesca Spinelli M For For
Advance Auto Parts Inc AAP 00751Y106 5/19/04 1.8 Elect Director Nicholas F. Taubman M For For
Advance Auto Parts Inc AAP 00751Y106 5/19/04 2 Increase Authorized Common Stock M For For
Advance Auto Parts Inc AAP 00751Y106 5/19/04 3 Approve Omnibus Stock Plan M For For
Advance Auto Parts Inc AAP 00751Y106 5/19/04 4 Ratify Auditors M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 1.1 Elect Director Terry S. Semel M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 1.2 Elect Director Jerry Yang M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 1.3 Elect Director Roy J. Bostock M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 1.4 Elect Director Ronald W. Burkle M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 1.5 Elect Director Eric Hippeau M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 1.6 Elect Director Arthur H. Kern M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 1.7 Elect Director Robert A. Kotick M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 1.8 Elect Director Edward R. Kozel M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 1.9 Elect Director Gary L. Wilson M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 2 Amend Employee Stock Purchase Plan M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 3 Ratify Auditors M For For
Yahoo!, Inc. YHOO 984332106 5/21/04 4 Expense Stock Options S Against Against
Dean Foods Company DF 242370104 5/18/04 1.1 Elect Director Alan J. Bernon M For Withhold
Dean Foods Company DF 242370104 5/18/04 1.2 Elect Director Gregg L. Engles M For Withhold
Dean Foods Company DF 242370104 5/18/04 1.3 Elect Director Joseph S. Hardin, M For Withhold
Jr.
Dean Foods Company DF 242370104 5/18/04 1.4 Elect Director Ronald Kirk M For Withhold
Dean Foods Company DF 242370104 5/18/04 1.5 Elect Director John S. Llewellyn, M For Withhold
Jr.
Dean Foods Company DF 242370104 5/18/04 2 Ratify Auditors M For For
Career Education Corp. CECO 141665109 5/21/04 1.1 Elect Director Thomas B. Lally M For For
Career Education Corp. CECO 141665109 5/21/04 1.2 Elect Director John M. Larson M For For
Career Education Corp. CECO 141665109 5/21/04 2 Amend Omnibus Stock Plan M For Against
Career Education Corp. CECO 141665109 5/21/04 3 Increase Authorized Common Stock M For For
Career Education Corp. CECO 141665109 5/21/04 4 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.1 Elect Director James W. Breyer M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.2 Elect Director M. Michele Burns M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.3 Elect Director Thomas M. Coughlin M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.4 Elect Director David D. Glass M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.5 Elect Director Roland A. Hernandez M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.6 Elect Director Dawn G. Lepore M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.7 Elect Director John D. Opie M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.8 Elect Director J. Paul Reason M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.9 Elect Director H. Lee Scott, Jr. M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.10 Elect Director Jack C. Shewmaker M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.11 Elect Director Jose H. Villarreal M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.12 Elect Director John T. Walton M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.13 Elect Director S. Robson Walton M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.14 Elect Director Christopher J. M For For
Williams
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 2 Approve Stock Option Plan M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 3 Approve Stock Option Plan M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 4 Amend Employee Stock Purchase Plan M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 5 Ratify Auditors M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 6 Separate Chairman and CEO Positions S Against Against
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 7 Prepare Sustainability Report S Against Against
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 8 Report on Stock Option Distribution S Against Against
by Race and Gender
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 9 Report on Genetically Modified S Against Against
Organisms (GMO)
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 10 Prepare Diversity Report S Against Against
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 11 Submit Executive Compensation to S Against Against
Vote
Federated Department FD 31410H101 5/21/04 1.1 Elect Director Sara Levinson M For Withhold
Stores, Inc.
Federated Department FD 31410H101 5/21/04 1.2 Elect Director Joseph Neubauer M For Withhold
Stores, Inc.
Federated Department FD 31410H101 5/21/04 1.3 Elect Director Joseph A. Pichler M For Withhold
Stores, Inc.
Federated Department FD 31410H101 5/21/04 1.4 Elect Director Karl M. von der M For Withhold
Stores, Inc. Heyden
Federated Department FD 31410H101 5/21/04 2 Ratify Auditors M For For
Stores, Inc.
Federated Department FD 31410H101 5/21/04 3 Amend Omnibus Stock Plan M For For
Stores, Inc.
Federated Department FD 31410H101 5/21/04 4 Declassify the Board of Directors S Against For
Stores, Inc.
Arrow Electronics, Inc. ARW 042735100 5/27/04 1.1 Elect Director Daniel W. Duval M For For
Arrow Electronics, Inc. ARW 042735100 5/27/04 1.2 Elect Director John N. Hanson M For For
Arrow Electronics, Inc. ARW 042735100 5/27/04 1.3 Elect Director Roger King M For For
Arrow Electronics, Inc. ARW 042735100 5/27/04 1.4 Elect Director Karen Gordon Mills M For For
Arrow Electronics, Inc. ARW 042735100 5/27/04 1.5 Elect Director William E. Mitchell M For For
Arrow Electronics, Inc. ARW 042735100 5/27/04 1.6 Elect Director Stephen C. Patrick M For For
Arrow Electronics, Inc. ARW 042735100 5/27/04 1.7 Elect Director Barry W. Perry M For For
Arrow Electronics, Inc. ARW 042735100 5/27/04 1.8 Elect Director Richard S. M For For
Rosenbloom
Arrow Electronics, Inc. ARW 042735100 5/27/04 1.9 Elect Director John C. Waddell M For For
Arrow Electronics, Inc. ARW 042735100 5/27/04 2 Approve Omnibus Stock Plan M For For
Arrow Electronics, Inc. ARW 042735100 5/27/04 3 Ratify Auditors M For For
Arrow Electronics, Inc. ARW 042735100 5/27/04 4 Other Business M For Against
PMC-Sierra, Inc. PMCS 69344F106 5/14/04 1.1 Elect Director Robert Bailey M For For
PMC-Sierra, Inc. PMCS 69344F106 5/14/04 1.2 Elect Director Alexandre Balkanski M For For
PMC-Sierra, Inc. PMCS 69344F106 5/14/04 1.3 Elect Director Richard Belluzzo M For For
PMC-Sierra, Inc. PMCS 69344F106 5/14/04 1.4 Elect Director James Diller M For For
PMC-Sierra, Inc. PMCS 69344F106 5/14/04 1.5 Elect Director Jonathan Judge M For For
PMC-Sierra, Inc. PMCS 69344F106 5/14/04 1.6 Elect Director William Kurtz M For For
PMC-Sierra, Inc. PMCS 69344F106 5/14/04 1.7 Elect Director Frank Marshall M For For
PMC-Sierra, Inc. PMCS 69344F106 5/14/04 1.8 Elect Director Lewis Wilks M For For
PMC-Sierra, Inc. PMCS 69344F106 5/14/04 2 Ratify Auditors M For For
Lowe LOW 548661107 5/28/04 1.1 Elect Director Leonard L. Berry M For For
Lowe LOW 548661107 5/28/04 1.2 Elect Director Paul Fulton M For For
Lowe LOW 548661107 5/28/04 1.3 Elect Director Dawn E. Hudson M For Withhold
Lowe LOW 548661107 5/28/04 1.4 Elect Director Marshall O. Larsen M For For
Lowe LOW 548661107 5/28/04 1.5 Elect Director Robert A. Niblock M For For
Lowe LOW 548661107 5/28/04 1.6 Elect Director Stephen F. Page M For For
Lowe LOW 548661107 5/28/04 1.7 Elect Director O. Temple Sloan, Jr. M For For
Lowe LOW 548661107 5/28/04 1.8 Elect Director Robert L. Tillman M For For
Lowe LOW 548661107 5/28/04 2 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Gilead Sciences, Inc. GILD 375558103 5/25/04 1.1 Elect Director Paul Berg M For For
Gilead Sciences, Inc. GILD 375558103 5/25/04 1.2 Elect Director Etienne F. Davignon M For For
Gilead Sciences, Inc. GILD 375558103 5/25/04 1.3 Elect Director James M. Denny M For For
Gilead Sciences, Inc. GILD 375558103 5/25/04 1.4 Elect Director John C. Martin M For For
Gilead Sciences, Inc. GILD 375558103 5/25/04 1.5 Elect Director Gordon E. Moore M For For
Gilead Sciences, Inc. GILD 375558103 5/25/04 1.6 Elect Director Nicholas G. Moore M For For
Gilead Sciences, Inc. GILD 375558103 5/25/04 1.7 Elect Director George P. Shultz M For For
Gilead Sciences, Inc. GILD 375558103 5/25/04 1.8 Elect Director Gayle E. Wilson M For For
Gilead Sciences, Inc. GILD 375558103 5/25/04 2 Ratify Auditors M For For
Gilead Sciences, Inc. GILD 375558103 5/25/04 3 Approve Omnibus Stock Plan M For For
Gilead Sciences, Inc. GILD 375558103 5/25/04 4 Increase Authorized Common Stock M For For
Universal Health UHS 913903100 5/19/04 1.1 Elect Director Robert H. Hotz M For For
Services, Inc.
Universal Health UHS 913903100 5/19/04 2 Amend Restricted Stock Plan M For For
Services, Inc.
Genzyme Corp. GENZ 372917104 5/27/04 1.1 Elect Director Douglas A. M For For
Berthiaume
Genzyme Corp. GENZ 372917104 5/27/04 1.2 Elect Director Henry E. Blair M For For
Genzyme Corp. GENZ 372917104 5/27/04 1.3 Elect Director Gail K. Boudreaux M For For
Genzyme Corp. GENZ 372917104 5/27/04 2 Amend Employee Stock Purchase Plan M For For
Genzyme Corp. GENZ 372917104 5/27/04 3 Approve Stock Option Plan M For For
Genzyme Corp. GENZ 372917104 5/27/04 4 Amend Non-Employee Director Stock M For For
Option Plan
Genzyme Corp. GENZ 372917104 5/27/04 5 Increase Authorized Preferred Stock M For Against
Genzyme Corp. GENZ 372917104 5/27/04 6 Ratify Auditors M For For
Genzyme Corp. GENZ 372917104 5/27/04 7 Limit Awards to Executives S Against Against
Fannie Mae FNM 313586109 5/25/04 1.1 Elect Director Stephen B. Ashley M For For
Fannie Mae FNM 313586109 5/25/04 1.2 Elect Director Kenneth M. M For Withhold
Duberstein
Fannie Mae FNM 313586109 5/25/04 1.3 Elect Director Thomas P. Gerrity M For For
Fannie Mae FNM 313586109 5/25/04 1.4 Elect Director Timothy Howard M For For
Fannie Mae FNM 313586109 5/25/04 1.5 Elect Director Ann Korologos M For For
Fannie Mae FNM 313586109 5/25/04 1.6 Elect Director Frederic V. Malek M For For
Fannie Mae FNM 313586109 5/25/04 1.7 Elect Director Donald B. Marron M For For
Fannie Mae FNM 313586109 5/25/04 1.8 Elect Director Daniel H. Mudd M For For
Fannie Mae FNM 313586109 5/25/04 1.9 Elect Director Anne M. Mulcahy M For For
Fannie Mae FNM 313586109 5/25/04 1.10 Elect Director Joe K. Pickett M For For
Fannie Mae FNM 313586109 5/25/04 1.11 Elect Director Leslie Rahl M For For
Fannie Mae FNM 313586109 5/25/04 1.12 Elect Director Franklin D. Raines M For For
Fannie Mae FNM 313586109 5/25/04 1.13 Elect Director H. Patrick Swygert M For For
Fannie Mae FNM 313586109 5/25/04 2 Ratify Auditors M For For
Fannie Mae FNM 313586109 5/25/04 3 Amend Employee Stock Purchase Plan M For For
Fannie Mae FNM 313586109 5/25/04 4 Provide for Cumulative Voting S Against Against
The TJX Companies, Inc. TJX 872540109 6/1/04 1.1 Elect Director Gary L. Crittenden M For For
The TJX Companies, Inc. TJX 872540109 6/1/04 1.2 Elect Director Edmond J. English M For For
The TJX Companies, Inc. TJX 872540109 6/1/04 1.3 Elect Director Richard G. Lesser M For For
The TJX Companies, Inc. TJX 872540109 6/1/04 2 Amend Omnibus Stock Plan M For Against
The TJX Companies, Inc. TJX 872540109 6/1/04 3 Implement ILO Based Code of Conduct S Against Against
The TJX Companies, Inc. TJX 872540109 6/1/04 4 Report on Vendor Standards S Against Against
The TJX Companies, Inc. TJX 872540109 6/1/04 5 Declassify the Board of Directors S Against For
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 1.1 Elect Director Ferdinand A. Berger M For Withhold
(formerly Santa Fe
International Corp)
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 1.2 Elect Director Khaled R. Al-Haroon M For Withhold
(formerly Santa Fe
International Corp)
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 1.3 Elect Director Edward R. Muller M For Withhold
(formerly Santa Fe
International Corp)
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 1.4 Elect Director Paul J. Powers M For Withhold
(formerly Santa Fe
International Corp)
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 1.5 Elect Director John L. Whitmire M For Withhold
(formerly Santa Fe
International Corp)
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 2 PROPOSAL TO APPROVE A SPECIAL M For For
(formerly Santa Fe RESOLUTION TO AMEND THE COMPANY S
International Corp) AMENDED AND RESTATED ARTICLES OF
ASSOCIATION TO PERMIT TELEPHONIC AND
INTERNET VOTING BY RECORD
SHAREHOLDERS.
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 3 PROPOSAL TO APPROVE A SPECIAL M For For
(formerly Santa Fe RESOLUTION TO AMEND THE COMPANY S
International Corp) AMENDED AND RESTATED ARTICLES OF
ASSOCIATION TO REMOVE THE LANGUAGE
NO SHARE OWNERSHIP QUALIFICATION FOR
DIRECTORS SHALL BE REQUIRED.
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 4 PROPOSAL TO RATIFY THE APPOINTMENT M For For
(formerly Santa Fe OF PRICEWATERHOUSECOOPERS LLP AS THE
International Corp) INDEPENDENT CERTIFIED PUBLIC
ACCOUNTANTS OF THE COMPANY AND ITS
SUBSIDIARIES FOR THE YEAR ENDING
DECEMBER 31, 2004.
Coventry Health Care Inc. CVH 222862104 6/3/04 1.1 Elect Director L. Dale Crandall M For For
Coventry Health Care Inc. CVH 222862104 6/3/04 1.2 Elect Director Robert W. Morey M For For
Coventry Health Care Inc. CVH 222862104 6/3/04 1.3 Elect Director Elizabeth E. Tallett M For For
Coventry Health Care Inc. CVH 222862104 6/3/04 1.4 Elect Director Allen F. Wise M For For
Coventry Health Care Inc. CVH 222862104 6/3/04 2 Approve Omnibus Stock Plan M For For
Coventry Health Care Inc. CVH 222862104 6/3/04 3 Ratify Auditors M For For
Polycom, Inc. PLCM 73172K104 6/2/04 1.1 Elect Director Betsy S. Atkins M For For
Polycom, Inc. PLCM 73172K104 6/2/04 1.2 Elect Director John Seely Brown M For For
Polycom, Inc. PLCM 73172K104 6/2/04 1.3 Elect Director Robert C. Hagerty M For For
Polycom, Inc. PLCM 73172K104 6/2/04 1.4 Elect Director John A. Kelley, Jr. M For For
Polycom, Inc. PLCM 73172K104 6/2/04 1.5 Elect Director Michael R. Kourey M For For
Polycom, Inc. PLCM 73172K104 6/2/04 1.6 Elect Director Stanley J. Meresman M For For
Polycom, Inc. PLCM 73172K104 6/2/04 1.7 Elect Director William A. Owens M For Withhold
Polycom, Inc. PLCM 73172K104 6/2/04 1.8 Elect Director Durk I. Jager M For For
Polycom, Inc. PLCM 73172K104 6/2/04 1.9 Elect Director Thomas G. Stemberg M For For
Polycom, Inc. PLCM 73172K104 6/2/04 2 Approve Omnibus Stock Plan M For Against
Polycom, Inc. PLCM 73172K104 6/2/04 3 Ratify Auditors M For For
Rent-A-Center, Inc. RCII 76009N100 5/19/04 1.1 Elect Director Mitchell E. Fadel M For For
Rent-A-Center, Inc. RCII 76009N100 5/19/04 1.2 Elect Director Peter P. Copses M For For
Rent-A-Center, Inc. RCII 76009N100 5/19/04 1.3 Elect Director Mary Elizabeth M For For
Burton
Rent-A-Center, Inc. RCII 76009N100 5/19/04 2 Increase Authorized Common Stock M For For
SEI Investment Company SEIC 784117103 5/25/04 1.1 Elect Director Alfred P. West, Jr. M For Withhold
SEI Investment Company SEIC 784117103 5/25/04 1.2 Elect Director William M. Doran M For Withhold
SEI Investment Company SEIC 784117103 5/25/04 1.3 Elect Director Howard D. Ross M For Withhold
SEI Investment Company SEIC 784117103 5/25/04 1.4 Elect Director Thomas W. Smith M For Withhold
SEI Investment Company SEIC 784117103 5/25/04 2 Ratify Auditors M For For
PETsMART PETM 716768106 6/10/04 1.1 Elect Director Barbara A. Munder M For For
PETsMART PETM 716768106 6/10/04 1.2 Elect Director Thomas G. Stemberg M For For
PETsMART PETM 716768106 6/10/04 1.3 Elect Director Nancy J. Pedot M For For
PETsMART PETM 716768106 6/10/04 1.4 Elect Director Jeffery W. Yabuki M For For
PETsMART PETM 716768106 6/10/04 1.5 Elect Director Rita V. Foley M For For
PETsMART PETM 716768106 6/10/04 2 Ratify Auditors M For For
Iron Mountain Inc. IRM 462846106 5/27/04 1.1 Elect Director Clarke H. Bailey M For For
Iron Mountain Inc. IRM 462846106 5/27/04 1.2 Elect Director Constantin R. Boden M For For
Iron Mountain Inc. IRM 462846106 5/27/04 1.3 Elect Director Kent P. Dauten M For For
Iron Mountain Inc. IRM 462846106 5/27/04 1.4 Elect Director B. Thomas Golisano M For For
Iron Mountain Inc. IRM 462846106 5/27/04 1.5 Elect Director John F. Kenny, Jr. M For For
Iron Mountain Inc. IRM 462846106 5/27/04 1.6 Elect Director Arthur D. Little M For For
Iron Mountain Inc. IRM 462846106 5/27/04 1.7 Elect Director C. Richard Reese M For For
Iron Mountain Inc. IRM 462846106 5/27/04 1.8 Elect Director Vincent J. Ryan M For For
Iron Mountain Inc. IRM 462846106 5/27/04 2 Increase Authorized Common Stock M For For
Iron Mountain Inc. IRM 462846106 5/27/04 3 Amend Omnibus Stock Plan M For Against
Omnicom Group Inc. OMC 681919106 5/25/04 1.1 Elect Director John D. Wren M For For
Omnicom Group Inc. OMC 681919106 5/25/04 1.2 Elect Director Bruce Crawford M For For
Omnicom Group Inc. OMC 681919106 5/25/04 1.3 Elect Director Robert Charles Clark M For For
Omnicom Group Inc. OMC 681919106 5/25/04 1.4 Elect Director Leonard S. Coleman, M For For
Jr.
Omnicom Group Inc. OMC 681919106 5/25/04 1.5 Elect Director Errol M. Cook M For For
Omnicom Group Inc. OMC 681919106 5/25/04 1.6 Elect Director Susan S. Denison M For For
Omnicom Group Inc. OMC 681919106 5/25/04 1.7 Elect Director Michael A. Henning M For For
Omnicom Group Inc. OMC 681919106 5/25/04 1.8 Elect Director John R. Murphy M For For
Omnicom Group Inc. OMC 681919106 5/25/04 1.9 Elect Director John R. Purcell M For For
Omnicom Group Inc. OMC 681919106 5/25/04 1.10 Elect Director Linda Johnson Rice M For For
Omnicom Group Inc. OMC 681919106 5/25/04 1.11 Elect Director Gary L. Roubos M For For
Omnicom Group Inc. OMC 681919106 5/25/04 2 Ratify Auditors M For For
Omnicom Group Inc. OMC 681919106 5/25/04 3 Approve Non-Employee Director Stock M For For
Option Plan
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Liberty Media Corp. L 530718105 6/9/04 1.1 Elect Director Robert R. Bennett M For For
Liberty Media Corp. L 530718105 6/9/04 1.2 Elect Director Paul A. Gould M For For
Liberty Media Corp. L 530718105 6/9/04 1.3 Elect Director John C. Malone M For For
Liberty Media Corp. L 530718105 6/9/04 2 Amend Executive Incentive Bonus M For For
Plan
Liberty Media Corp. L 530718105 6/9/04 3 Ratify Auditors M For For
Royal Caribbean Cruises RCL V7780T103 5/25/04 1.1 Elect Director Tor B. Arneberg M For Against
Ltd.
Royal Caribbean Cruises RCL V7780T103 5/25/04 1.2 Elect Director William L. Kimsey M For Against
Ltd.
Royal Caribbean Cruises RCL V7780T103 5/25/04 1.3 Elect Director Gert W. Munthe M For Against
Ltd.
Royal Caribbean Cruises RCL V7780T103 5/25/04 1.4 Elect Director Thomas J. Pritzker M For Against
Ltd.
Royal Caribbean Cruises RCL V7780T103 5/25/04 2 APPROVAL OF THE AMENDED AND M For For
Ltd. RESTATED 2000 STOCK AWARD PLAN.
Royal Caribbean Cruises RCL V7780T103 5/25/04 3 RATIFICATION OF APPOINTMENT OF M For For
Ltd. PRICEWATERHOUSECOOPERS LLP AS THE
COMPANY S INDEPENDENT ACCOUNTANTS
FOR 2004.
Cadence Design Systems, CDN 127387108 6/15/04 1.1 Elect Director H. Raymond Bingham M For For
Inc.
Cadence Design Systems, CDN 127387108 6/15/04 1.2 Elect Director Susan L. Bostrom M For For
Inc.
Cadence Design Systems, CDN 127387108 6/15/04 1.3 Elect Director Donald L. Lucas M For For
Inc.
Cadence Design Systems, CDN 127387108 6/15/04 1.4 Elect Director Sean M. Maloney M For Withhold
Inc.
Cadence Design Systems, CDN 127387108 6/15/04 1.5 Elect Director Alberto
Inc. Sangiovanni-Vincentelli M For Withhold
Cadence Design Systems, CDN 127387108 6/15/04 1.6 Elect Director George M. Scalise M For For
Inc.
Cadence Design Systems, CDN 127387108 6/15/04 1.7 Elect Director John B. Shoven M For For
Inc.
Cadence Design Systems, CDN 127387108 6/15/04 1.8 Elect Director Roger S. Siboni M For For
Inc.
Cadence Design Systems, CDN 127387108 6/15/04 1.9 Elect Director Lip-Bu Tan M For For
Inc.
Cadence Design Systems, CDN 127387108 6/15/04 2 Amend Stock Option Plan M For Against
Inc.
Cadence Design Systems, CDN 127387108 6/15/04 3 Amend Employee Stock Purchase Plan M For For
Inc.
Cadence Design Systems, CDN 127387108 6/15/04 4 Ratify Auditors M For For
Inc.
Varian Medical Systems VAR 92220P105 6/10/04 1 Increase Authorized Common Stock M For For
Inc
Henry Schein, Inc. HSIC 806407102 5/25/04 1.1 Elect Director Stanley M. Bergman M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 1.2 Elect Director Gerald A. Benjamin M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 1.3 Elect Director James P. Breslawski M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 1.4 Elect Director Mark E. Mlotek M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 1.5 Elect Director Steven Paladino M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 1.6 Elect Director Barry J. Alperin M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 1.7 Elect Director Pamela Joseph M For Withhold
Henry Schein, Inc. HSIC 806407102 5/25/04 1.8 Elect Director Donald J. Kabat M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 1.9 Elect Director Marvin H. Schein M For Withhold
Henry Schein, Inc. HSIC 806407102 5/25/04 1.10 Elect Director Irving Shafran M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 1.11 Elect Director Philip A. Laskawy M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 1.12 Elect Director Norman S. Matthews M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 1.13 Elect Director Louis W. Sullivan M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 1.14 Elect Director Margaret A. Hamburg M For For
Henry Schein, Inc. HSIC 806407102 5/25/04 2 Amend Stock Option Plan M For Against
Henry Schein, Inc. HSIC 806407102 5/25/04 3 Amend Non-Employee Director Omnibus M For For
Stock Plan
Henry Schein, Inc. HSIC 806407102 5/25/04 4 Approve Employee Stock Purchase M For For
Plan
Henry Schein, Inc. HSIC 806407102 5/25/04 5 Ratify Auditors M For For
Foundry Networks, Inc. FDRY 35063R100 6/1/04 1.1 Elect Director Bobby R. Johnson, M For For
Jr.
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Foundry Networks, Inc. FDRY 35063R100 6/1/04 1.2 Elect Director Andrew K. Ludwick M For For
Foundry Networks, Inc. FDRY 35063R100 6/1/04 1.3 Elect Director Alfred J. Amoroso M For For
Foundry Networks, Inc. FDRY 35063R100 6/1/04 1.4 Elect Director C. Nicholas Keating, M For For
Jr.
Foundry Networks, Inc. FDRY 35063R100 6/1/04 1.5 Elect Director J. Steven Young M For Withhold
Foundry Networks, Inc. FDRY 35063R100 6/1/04 1.6 Elect Director Alan L. Earhart M For For
Foundry Networks, Inc. FDRY 35063R100 6/1/04 2 Ratify Auditors M For For
BIOGEN IDEC INC BIIB 09062X103 6/16/04 1.1 Elect Director Alan Belzer M For For
BIOGEN IDEC INC BIIB 09062X103 6/16/04 1.2 Elect Director Mary L. Good M For For
BIOGEN IDEC INC BIIB 09062X103 6/16/04 1.3 Elect Director James C. Mullen M For For
BIOGEN IDEC INC BIIB 09062X103 6/16/04 1.4 Elect Director Bruce R. Ross M For For
BIOGEN IDEC INC BIIB 09062X103 6/16/04 2 Ratify Auditors M For For
Staples, Inc. SPLS 855030102 6/17/04 1.1 Elect Director Arthur M. Blank M For For
Staples, Inc. SPLS 855030102 6/17/04 1.2 Elect Director Gary L. Crittenden M For For
Staples, Inc. SPLS 855030102 6/17/04 1.3 Elect Director Martin Trust M For For
Staples, Inc. SPLS 855030102 6/17/04 1.4 Elect Director Paul F. Walsh M For For
Staples, Inc. SPLS 855030102 6/17/04 2 Approve Omnibus Stock Plan M For For
Staples, Inc. SPLS 855030102 6/17/04 3 Amend Employee Stock Purchase Plan M For For
Staples, Inc. SPLS 855030102 6/17/04 4 Amend Employee Stock Purchase Plan M For For
Staples, Inc. SPLS 855030102 6/17/04 5 Ratify Auditors M For For
Staples, Inc. SPLS 855030102 6/17/04 6 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
Staples, Inc. SPLS 855030102 6/17/04 7 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
Staples, Inc. SPLS 855030102 6/17/04 8 Limit Executive Compensation S Against Against
Staples, Inc. SPLS 855030102 6/17/04 9 Prohibit Auditor from Providing S Against Against
Non-Audit Services
Michaels Stores, Inc. MIK 594087108 6/17/04 1.1 Elect Director Charles J. Wyly, Jr. M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 1.2 Elect Director Sam Wyly M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 1.3 Elect Director Richard E. Hanlon M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 1.4 Elect Director Richard C. Marcus M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 1.5 Elect Director Liz Minyard M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 1.6 Elect Director Cece Smith M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 2 Ratify Auditors M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 3 Increase Authorized Common Stock M For For
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.1 Elect Director Vernon W. Hill, II M For For
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.2 Elect Director Robert C. Beck M For Withhold
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.3 Elect Director Jack R Bershad M For For
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.4 Elect Director Joseph E. Buckelew M For For
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.5 Elect Director Donald T. M For Withhold
Difrancesco
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.6 Elect Director John P. Ferguson M For For
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.7 Elect Director Morton N. Kerr M For For
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.8 Elect Director Steven M. Lewis M For For
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.9 Elect Director George E. Norcross, M For For
III
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.10 Elect Director Joseph J. Plumeri, M For For
II
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.11 Elect Director Daniel J. Ragone M For For
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.12 Elect Director Wm. A. Schwartz, Jr. M For For
Commerce Bancorp, Inc. CBH 200519106 6/11/04 1.13 Elect Director Joseph T. Tarquini, M For For
Jr.
Commerce Bancorp, Inc. CBH 200519106 6/11/04 2 Approve Stock Option Plan M For Against
Commerce Bancorp, Inc. CBH 200519106 6/11/04 3 Increase Authorized Common Stock M For For
Commerce Bancorp, Inc. CBH 200519106 6/11/04 4 Ratify Auditors M For For
eBay Inc. EBAY 278642103 6/24/04 1.1 Elect Director Philippe Bourguignon M For For
eBay Inc. EBAY 278642103 6/24/04 1.2 Elect Director Thomas J. Tierney M For For
eBay Inc. EBAY 278642103 6/24/04 1.3 Elect Director Margaret C. Whitman M For For
eBay Inc. EBAY 278642103 6/24/04 2 Amend Omnibus Stock Plan M For Against
eBay Inc. EBAY 278642103 6/24/04 3 Amend Stock Option Plan M For Against
eBay Inc. EBAY 278642103 6/24/04 4 Increase Authorized Common Stock M For For
eBay Inc. EBAY 278642103 6/24/04 5 Ratify Auditors M For For
eBay Inc. EBAY 278642103 6/24/04 6 Expense Stock Options S Against Against
Best Buy Co., Inc. BBY 086516101 6/24/04 1.1 Elect Director Bradbury H. Anderson M For For
Best Buy Co., Inc. BBY 086516101 6/24/04 1.2 Elect Director K.J. Higgins Victor M For For
Best Buy Co., Inc. BBY 086516101 6/24/04 1.3 Elect Director Allen U. Lenzmeier M For For
Best Buy Co., Inc. BBY 086516101 6/24/04 1.4 Elect Director Frank D. Trestman M For For
Best Buy Co., Inc. BBY 086516101 6/24/04 1.5 Elect Director James C. Wetherbe M For For
Best Buy Co., Inc. BBY 086516101 6/24/04 1.6 Elect Director Ronald James M For For
Best Buy Co., Inc. BBY 086516101 6/24/04 1.7 Elect Director Matthew H. Paull M For For
Best Buy Co., Inc. BBY 086516101 6/24/04 1.8 Elect Director Mary A. Tolan M For For
Best Buy Co., Inc. BBY 086516101 6/24/04 2 Ratify Auditors M For For
Best Buy Co., Inc. BBY 086516101 6/24/04 3 Approve Omnibus Stock Plan M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Anthem Inc. ATH 03674B104 6/28/04 1 Issue Shares in Connection with an M For For
Acquisition
Anthem Inc. ATH 03674B104 6/28/04 2 Change Company Name M For For
Autodesk, Inc. ADSK 052769106 6/17/04 1.1 Elect Director Carol A. Bartz M For For
Autodesk, Inc. ADSK 052769106 6/17/04 1.2 Elect Director Mark A. Bertelsen M For Withhold
Autodesk, Inc. ADSK 052769106 6/17/04 1.3 Elect Director Crawford W. M For For
Beveridge
Autodesk, Inc. ADSK 052769106 6/17/04 1.4 Elect Director J. Hallam Dawson M For For
Autodesk, Inc. ADSK 052769106 6/17/04 1.5 Elect Director Michael J. Fister M For For
Autodesk, Inc. ADSK 052769106 6/17/04 1.6 Elect Director Per-Kristian M For For
Halvorsen
Autodesk, Inc. ADSK 052769106 6/17/04 1.7 Elect Director Steven Scheid M For For
Autodesk, Inc. ADSK 052769106 6/17/04 1.8 Elect Director Mary Alice Taylor M For For
Autodesk, Inc. ADSK 052769106 6/17/04 1.9 Elect Director Larry W. Wangberg M For For
Autodesk, Inc. ADSK 052769106 6/17/04 2 Ratify Auditors M For For
Autodesk, Inc. ADSK 052769106 6/17/04 3 Adopt Policy Regarding Equity-Based S Against Against
Compensation for Executives
WellPoint Health WLP 94973H108 6/28/04 1 Approve Merger Agreement M For For
Networks Inc.
Siebel Systems, Inc. SEBL 826170102 6/23/04 1.1 Elect Director C. Scott Hartz M For For
Siebel Systems, Inc. SEBL 826170102 6/23/04 1.2 Elect Director Charles R. Schwab M For For
Siebel Systems, Inc. SEBL 826170102 6/23/04 1.3 Elect Director George T. Shaheen M For For
Siebel Systems, Inc. SEBL 826170102 6/23/04 1.4 Elect Director John W. White M For For
Siebel Systems, Inc. SEBL 826170102 6/23/04 2 Ratify Auditors M For For
Siebel Systems, Inc. SEBL 826170102 6/23/04 3 Expense Stock Options S Abstain For
Apria Healthcare Group, AHG 037933108 7/17/03 1.1 Elect Director Vicente Anido, Jr. M For For
Inc.
Apria Healthcare Group, AHG 037933108 7/17/03 1.2 Elect Director I.T. Corley M For For
Inc.
Apria Healthcare Group, AHG 037933108 7/17/03 1.3 Elect Director David L. Goldsmith M For For
Inc.
Apria Healthcare Group, AHG 037933108 7/17/03 1.4 Elect Director Lawrence M. Higby M For For
Inc.
Apria Healthcare Group, AHG 037933108 7/17/03 1.5 Elect Director Richard H. Koppes M For For
Inc.
Apria Healthcare Group, AHG 037933108 7/17/03 1.6 Elect Director Philip R. Lochner, M For For
Inc. Jr.
Apria Healthcare Group, AHG 037933108 7/17/03 1.7 Elect Director Jeri L. Lose M For For
Inc.
Apria Healthcare Group, AHG 037933108 7/17/03 1.8 Elect Director Beverly Benedict M For For
Inc. Thomas
Apria Healthcare Group, AHG 037933108 7/17/03 1.9 Elect Director Ralph V. Whitworth M For For
Inc.
Apria Healthcare Group, AHG 037933108 7/17/03 2 Approve Omnibus Stock Plan M For For
Inc.
Barra, Inc. NULL 068313105 7/31/03 1.1 Elect Director A. George (Skip) M For For
Battle
Barra, Inc. NULL 068313105 7/31/03 1.2 Elect Director Kamal Duggirala M For For
Barra, Inc. NULL 068313105 7/31/03 1.3 Elect Director M. Blair Hull M For For
Barra, Inc. NULL 068313105 7/31/03 1.4 Elect Director Norman J. Laboe M For For
Barra, Inc. NULL 068313105 7/31/03 1.5 Elect Director Clyde W. Ostler M For For
Barra, Inc. NULL 068313105 7/31/03 1.6 Elect Director Andrew Rudd M For For
Barra, Inc. NULL 068313105 7/31/03 2 Amend Non-Employee Director Stock M For For
Option Plan
Barra, Inc. NULL 068313105 7/31/03 3 Ratify Auditors M For For
Infonet Services IN 45666T106 8/19/03 1.1 Elect Director Jose A. Collazo as M For For
Corporation Common Share Director
Infonet Services IN 45666T106 8/19/03 1.2 Elect Director John Allerton as M For For
Corporation ommon Share Director
Infonet Services IN 45666T106 8/19/03 1.3 Elect Director Bruce A. Beda as M For For
Corporation Common Share Director
Infonet Services IN 45666T106 8/19/03 1.4 Elect Director Eric M. de Jong as M For For
Corporation Common Share Director
Infonet Services IN 45666T106 8/19/03 1.5 Elect Director Per-Eric Fylking as M For For
Corporation Common Share Director
Infonet Services IN 45666T106 8/19/03 1.6 Elect Director Peter G. Hanelt as M For For
Corporation Common Share Director
Infonet Services IN 45666T106 8/19/03 1.7 Elect Director Yuzo Mori as Common M For For
Corporation Share Director
Infonet Services IN 45666T106 8/19/03 1.8 Elect Director Hanspeter Quadri as M For Withhold
Corporation Common Share Director
Infonet Services IN 45666T106 8/19/03 1.9 Elect Director Jose Manuel Santero M For For
Corporation as Common Share Director
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Infonet Services IN 45666T106 8/19/03 1.10 Elect Director Timothy P. Hartman M For For
Corporation as Class B Common Share Director
Infonet Services IN 45666T106 8/19/03 1.11 Elect Director Matthew J. O'Rourke
Corporation as Class B Common Share Director M For For
Infonet Services IN 45666T106 8/19/03 2 Amend Employee Stock Purchase Plan M For For
Corporation
Infonet Services IN 45666T106 8/19/03 3 Approve Omnibus Stock Plan M For Against
Corporation
Infonet Services IN 45666T106 8/19/03 4 Ratify Auditors M For For
Corporation
Lone Star Steakhouse & STAR 542307103 7/11/03 1.1 Elect Director Clark R. Mandigo M For For
Saloon, Inc.
Lone Star Steakhouse & STAR 542307103 7/11/03 1.2 Elect Director John D. White M For For
Saloon, Inc.
Lone Star Steakhouse & STAR 542307103 7/11/03 1.3 Elect Director Thomas C. Lasorda M For For
Saloon, Inc.
Lone Star Steakhouse & STAR 542307103 7/11/03 2 Ratify Auditors M For For
Saloon, Inc.
BMC Software, Inc. BMC 055921100 8/21/03 1.1 Elect Director B. Garland Cupp M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.2 Elect Director Robert E. Beauchamp M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.3 Elect Director Jon E. Barfield M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.4 Elect Director John W. Barter M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.5 Elect Director Meldon K. Gafner M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.6 Elect Director L.W. Gray M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.7 Elect Director Kathleen A. O'Neil M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.8 Elect Director George F. Raymond M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.9 Elect Director Tom C. Tinsley M For For
BMC Software, Inc. BMC 055921100 8/21/03 2 Ratify Auditors M For For
Sinclair Broadcast Group, SBGI 829226109 8/7/03 1.1 Elect Director David D. Smith M For Withhold
Inc.
Sinclair Broadcast Group, SBGI 829226109 8/7/03 1.2 Elect Director Frederick G. Smith M For Withhold
Inc.
Sinclair Broadcast Group, SBGI 829226109 8/7/03 1.3 Elect Director J. Duncan Smith M For Withhold
Inc.
Sinclair Broadcast Group, SBGI 829226109 8/7/03 1.4 Elect Director Robert E. Smith M For Withhold
Inc.
Sinclair Broadcast Group, SBGI 829226109 8/7/03 1.5 Elect Director Basil A. Thomas M For Withhold
Inc.
Sinclair Broadcast Group, SBGI 829226109 8/7/03 1.6 Elect Director Lawrence E. McCanna M For Withhold
Inc.
Sinclair Broadcast Group, SBGI 829226109 8/7/03 1.7 Elect Director Daniel C. Keith M For Withhold
Inc.
Sinclair Broadcast Group, SBGI 829226109 8/7/03 1.8 Elect Director Martin R. Leader M For Withhold
Inc.
Sinclair Broadcast Group, SBGI 829226109 8/7/03 2 Ratify Auditors M For For
Inc.
Inamed Corp. IMDC 453235103 7/11/03 1.1 Elect Director Nicholas L. Teti M For For
Inamed Corp. IMDC 453235103 7/11/03 1.2 Elect Director James E. Bolin M For For
Inamed Corp. IMDC 453235103 7/11/03 1.3 Elect Director Malcolm R. Currie, M For For
Ph.D.
Inamed Corp. IMDC 453235103 7/11/03 1.4 Elect Director John F. Doyle M For For
Inamed Corp. IMDC 453235103 7/11/03 1.5 Elect Director Mitchell S. M For For
Rosenthal, M.D.
Inamed Corp. IMDC 453235103 7/11/03 1.6 Elect Director Joy A. Amundson M For For
Inamed Corp. IMDC 453235103 7/11/03 1.7 Elect Director Terry E. Vandewarker M For For
Inamed Corp. IMDC 453235103 7/11/03 2 Amend Employee Stock Purchase Plan M For For
Inamed Corp. IMDC 453235103 7/11/03 3 Approve Restricted Stock Plan M For For
Inamed Corp. IMDC 453235103 7/11/03 4 Amend Non-Employee Director Omnibus M For For
Stock Plan
Inamed Corp. IMDC 453235103 7/11/03 5 Ratify Auditors M For For
Inamed Corp. IMDC 453235103 7/11/03 6 Other Business M For Against
Mentor Corp. MNT 587188103 9/10/03 1.1 Fix Number of and Elect Director M For For
Christopher J. Conway
Mentor Corp. MNT 587188103 9/10/03 1.2 Elect Director Eugene G. Glover M For For
Mentor Corp. MNT 587188103 9/10/03 1.3 Elect Director Walter W. Faster M For For
Mentor Corp. MNT 587188103 9/10/03 1.4 Elect Director Michael Nakonechny M For For
Mentor Corp. MNT 587188103 9/10/03 1.5 Elect Director Dr. Richard W. Young M For For
Mentor Corp. MNT 587188103 9/10/03 1.6 Elect Director Ronald J. Rossi M For For
Mentor Corp. MNT 587188103 9/10/03 1.7 Elect Director Jeffrey W. Ubben M For For
Mentor Corp. MNT 587188103 9/10/03 2 Allow Board to Fix Number of M For Against
Directors Without Shareholder
Approval
Mentor Corp. MNT 587188103 9/10/03 3 Ratify Auditors M For For
Mentor Corp. MNT 587188103 9/10/03 4 Other Business M For Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Brookline Bancorp, Inc. BRKL 11373M107 8/27/03 1 Approve Omnibus Stock Plan M For For
Brookline Bancorp, Inc. BRKL 11373M107 8/27/03 2 Approve Restricted Stock Plan M For For
Zarlink Semiconductor ZL. 989139100 7/16/03 1 Elect A. Borrel, P. J. Brockett, M For Against
Inc. (Formerly Mitel Corp) H. T. Lacroix, J. S. Lanthier,
K. K. Mandy, J. M. Meunier,
K. H. E. Plumley, H. Simon and S.
Sirazi as Directors
Zarlink Semiconductor Inc. ZL. 989139100 7/16/03 2 Ratify Ernst & Young LLP as M For For
(Formerly Mitel Corp) Auditors
Sierra Pacific Resources SRP 826428104 8/11/03 1 Approve the Conversion of M For Against
Securities
Global Imaging Systems GISX 37934A100 8/18/03 1.1 Elect Director Daniel T. Hendrix M For Withhold
Inc.
Global Imaging Systems GISX 37934A100 8/18/03 1.2 Elect Director M. Lazane Smith M For Withhold
Inc.
Global Imaging Systems GISX 37934A100 8/18/03 2 Amend Omnibus Stock Plan M For Against
Inc.
Caesar's Entertainment CZR 700690100 9/10/03 1 Change Company Name M For For
American Financial Realty AFR 02607P305 9/25/03 1 Declassify the Board of Directors M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.a.1 Elect Trustee Glenn Blumenthal M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.a.2 Elect Trustee John M. Eggemeyer III M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.a.3 Elect Trustee Raymond Garea M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.a.4 Elect Trustee Michael J. Hagan M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.a.5 Elect Trustee John P. Hollihan III M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.a.6 Elect Trustee William M. Kahane M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.a.7 Elect Trustee Richard A. Kraemer M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.a.8 Elect Trustee Lewis S. Ranieri M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.a.9 Elect Trustee Nicholas S. Schorsch M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.a.0 Elect Trustee J. Rock Tonkel M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.b.1 Elect Trustee Glenn Blumenthal M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.b.2 Elect Trustee Raymond Garea M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 2.b.3 Elect Trustee William M. Kahane M For For
Trust
American Financial Realty AFR 02607P305 9/25/03 3 Amend Omnibus Stock Plan M For For
Trust
Commonwealth Telephone CTCO 203349105 9/3/03 1.1 Elect Director Walter Scott, Jr. M For Withhold
Enterprises, Inc.
Commonwealth Telephone CTCO 203349105 9/3/03 1.2 Elect Director David C. Mitchell M For Withhold
Enterprises, Inc.
Commonwealth Telephone CTCO 203349105 9/3/03 1.3 Elect Director David C. McCourt M For Withhold
Enterprises, Inc.
Commonwealth Telephone CTCO 203349105 9/3/03 1.4 Elect Director Daniel E. Knowles M For Withhold
Enterprises, Inc.
Commonwealth Telephone CTCO 203349105 9/3/03 2 Ratify Auditors M For For
Enterprises, Inc.
Commonwealth Telephone CTCO 203349105 9/3/03 3 Convert Class B common shares into M For For
Enterprises, Inc. common shares
Commonwealth Telephone CTCO 203349105 9/3/03 4 Adjourn Meeting M For For
Enterprises, Inc.
Integrated Device IDTI 458118106 9/12/03 1 Elect Director Gregory S. Lang M For For
Technology, Inc.
Integrated Device IDTI 458118106 9/12/03 2 Amend Employee Stock Purchase Plan M For For
Technology, Inc.
Integrated Device
Technology, Inc. IDTI 458118106 9/12/03 3 Ratify Auditors M For For
Scientific-Atlanta, Inc. SFA 808655104 11/7/03 1.1 Elect Director Marion H. Antonini M For Withhold
Scientific-Atlanta, Inc. SFA 808655104 11/7/03 1.2 Elect Director David J. McLaughlin M For Withhold
Scientific-Atlanta, Inc. SFA 808655104 11/7/03 1.3 Elect Director James V. Napier M For Withhold
Scientific-Atlanta, Inc. SFA 808655104 11/7/03 1.4 Elect Director Sam Nunn M For Withhold
Scientific-Atlanta, Inc. SFA 808655104 11/7/03 2 Approve Omnibus Stock Plan M For Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Activision, Inc. ATVI 004930202 9/18/03 1.1 Elect Director Robert A. Kotick M For For
Activision, Inc. ATVI 004930202 9/18/03 1.2 Elect Director Brian G. Kelly M For For
Activision, Inc. ATVI 004930202 9/18/03 1.3 Elect Director Ronald Doornink M For For
Activision, Inc. ATVI 004930202 9/18/03 1.4 Elect Director Kenneth L. Henderson M For For
Activision, Inc. ATVI 004930202 9/18/03 1.5 Elect Director Barbara S. Isgur M For For
Activision, Inc. ATVI 004930202 9/18/03 1.6 Elect Director Steven T. Mayer M For For
Activision, Inc. ATVI 004930202 9/18/03 1.7 Elect Director Robert J. Morgado M For For
Activision, Inc. ATVI 004930202 9/18/03 2 Increase Authorized Preferred and M For Against
Common Stock
Activision, Inc. ATVI 004930202 9/18/03 3 Approve Omnibus Stock Plan M For Against
Activision, Inc. ATVI 004930202 9/18/03 4 Ratify Auditors M For For
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.1 Elect Director Bruce L. Downey M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.2 Elect Director Paul M. Bisaro M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.3 Elect Director Carole S. Ben-Maimon M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.4 Elect Director George P. Stephan M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.5 Elect Director Jack M. Kay M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.6 Elect Director Harold N. Chefitz M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.7 Elect Director Richard R. Frankovic M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.8 Elect Director Peter R. Seaver M For Withhold
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 1.9 Elect Director James S. Gilmore, M For Withhold
III
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 2 Change State of Incorporation from M For For
New York to Delaware
Barr Pharmaceuticals Inc BRL 068306109 10/23/03 3 Increase Authorized Common Stock M For For
Briggs & Stratton Corp. BGG 109043109 10/15/03 1.1 Elect Director Robert J. O'Toole M For For
Briggs & Stratton Corp. BGG 109043109 10/15/03 1.2 Elect Director John S. Shiely M For For
Briggs & Stratton Corp. BGG 109043109 10/15/03 1.3 Elect Director Charles I. Story M For For
CACI International, Inc. CAI 127190304 11/20/03 1.1 Elect Director Michael J. Bayer M For For
CACI International, Inc. CAI 127190304 11/20/03 1.2 Elect Director Peter A. Derow M For For
CACI International, Inc. CAI 127190304 11/20/03 1.3 Elect Director Richard L. M For For
Leatherwood
CACI International, Inc. CAI 127190304 11/20/03 1.4 Elect Director Dr. J. Phillip M For For
London
CACI International, Inc. CAI 127190304 11/20/03 1.5 Elect Director Barbara A. McNamara M For For
CACI International, Inc. CAI 127190304 11/20/03 1.6 Elect Director Arthur L. Money M For For
CACI International, Inc. CAI 127190304 11/20/03 1.7 Elect Director Dr. Warren R. M For For
Phillips
CACI International, Inc. CAI 127190304 11/20/03 1.8 Elect Director Charles P. Revoile M For For
CACI International, Inc. CAI 127190304 11/20/03 1.9 Elect Director Richard P. Sullivan M For For
CACI International, Inc. CAI 127190304 11/20/03 1.10 Elect Director John M. Toups M For For
CACI International, Inc. CAI 127190304 11/20/03 1.11 Elect Director Larry D. Welch M For For
CACI International, Inc. CAI 127190304 11/20/03 2 Ratify Auditors M For For
Mercury Computer Systems, MRCY 589378108 11/17/03 1.1 Elect Director James R. Bertelli M For For
Inc.
Mercury Computer Systems, MRCY 589378108 11/17/03 1.2 Elect Director Russell K. Johnsen M For For
Inc.
Mercury Computer Systems, MRCY 589378108 11/17/03 2 Amend Stock Option Plan M For Against
Inc.
Mercury Computer Systems, MRCY 589378108 11/17/03 3 Amend Stock Option Plan M For Against
Inc.
SBS Technologies, Inc. SBSE 78387P103 11/13/03 1.1 Elect Director Christopher J. M For For
Amenson
SBS Technologies, Inc. SBSE 78387P103 11/13/03 1.2 Elect Director Warren W. Andrews M For For
SBS Technologies, Inc. SBSE 78387P103 11/13/03 1.3 Elect Director L.A. Bennigson, M For For
Ph.D.
SBS Technologies, Inc. SBSE 78387P103 11/13/03 1.4 Elect Director Peter D. Fenner M For For
SBS Technologies, Inc. SBSE 78387P103 11/13/03 1.5 Elect Director Louis C. Golm M For For
SBS Technologies, Inc. SBSE 78387P103 11/13/03 1.6 Elect Director Clarence W. Peckham M For For
SBS Technologies, Inc. SBSE 78387P103 11/13/03 1.7 Elect Director Richard Szafranski M For For
SBS Technologies, Inc. SBSE 78387P103 11/13/03 1.8 Elect Director Alan F. White M For For
SBS Technologies, Inc. SBSE 78387P103 11/13/03 2 Ratify Auditors M For For
SBS Technologies, Inc. SBSE 78387P103 11/13/03 3 Amend Stock Option Plan M For Against
King Pharmaceuticals Inc. KG 495582108 11/4/03 1.1 Elect Director Earnest W. M For For
Deavenport, Jr. as Class II Director
King Pharmaceuticals Inc. KG 495582108 11/4/03 1.2 Elect Director Elizabeth M. M For For
Greetham as Class II Director
King Pharmaceuticals Inc. KG 495582108 11/4/03 1.3 Elect Director James R. Lattanzi as M For For
Class III Director
King Pharmaceuticals Inc. KG 495582108 11/4/03 1.4 Elect Director Philip M. Pfeffer as M For For
Class II Director
King Pharmaceuticals Inc. KG 495582108 11/4/03 1.5 Elect Director Ted G. Wood as Class M For For
I Director
King Pharmaceuticals Inc. KG 495582108 11/4/03 2 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Hyperion Solutions Corp. HYSL 44914M104 11/10/03 1.1 Elect Director Jeffrey Rodek M For For
Hyperion Solutions Corp. HYSL 44914M104 11/10/03 1.2 Elect Director Aldo Papone M For For
Hyperion Solutions Corp. HYSL 44914M104 11/10/03 2 Amend Employee Stock Purchase Plan M For For
Hyperion Solutions Corp. HYSL 44914M104 11/10/03 3 Ratify Auditors M For For
Medicis Pharmaceutical MRX 584690309 11/19/03 1.1 Elect Director Arthur G. Altschul, M For Withhold
Corp. Jr.
Medicis Pharmaceutical MRX 584690309 11/19/03 1.2 Elect Director Philip S. Schein, M For Withhold
Corp. M.D.
Medicis Pharmaceutical MRX 584690309 11/19/03 2 Increase Authorized Common Stock M For For
Corp.
Medicis Pharmaceutical MRX 584690309 11/19/03 3 Ratify Auditors M For For
Corp.
Integrated Circuit ICST 45811K208 10/29/03 1.1 Elect Director Hock E. Tan M For Withhold
Systems, Inc.
Integrated Circuit ICST 45811K208 10/29/03 1.2 Elect Director Nam P. Suh, Ph.D. M For Withhold
Systems, Inc.
General Growth Properties, GGP 370021107 11/20/03 1 Approve Increase in Common Stock M For For
Inc. and a Stock Split
Alliance Gaming Corp. AGI 01859P609 12/10/03 1.1 Elect Director Robert Miodunski M For Withhold
Alliance Gaming Corp. AGI 01859P609 12/10/03 1.2 Elect Director David Robbins M For Withhold
Alliance Gaming Corp. AGI 01859P609 12/10/03 2 Amend Omnibus Stock Plan M For For
Alliance Gaming Corp. AGI 01859P609 12/10/03 3 Ratify Auditors M For For
Acuity Brands, Inc. AYI 00508Y102 12/18/03 1.1 Elect Director James S. Balloun M For Withhold
Acuity Brands, Inc. AYI 00508Y102 12/18/03 1.2 Elect Director Jay M. Davis M For Withhold
Acuity Brands, Inc. AYI 00508Y102 12/18/03 1.3 Elect Director Julia B. North M For Withhold
Acuity Brands, Inc. AYI 00508Y102 12/18/03 2 Approve Omnibus Stock Plan M For For
Acuity Brands, Inc. AYI 00508Y102 12/18/03 3 Ratify Auditors M For For
Hutchinson Technology HTCH 448407106 1/28/04 1.1 Elect Director W. Thomas Brunberg M For For
Incorporated
Hutchinson Technology HTCH 448407106 1/28/04 1.2 Elect Director Archibald Cox, Jr. M For For
Incorporated
Hutchinson Technology HTCH 448407106 1/28/04 1.3 Elect Director Wayne M. Fortun M For For
Incorporated
Hutchinson Technology HTCH 448407106 1/28/04 1.4 Elect Director Jeffrey W. Green M For For
Incorporated
Hutchinson Technology HTCH 448407106 1/28/04 1.5 Elect Director Russell Huffer M For For
Incorporated
Hutchinson Technology HTCH 448407106 1/28/04 1.6 Elect Director R. Frederick McCoy, M For Withhold
Incorporated Jr.
Hutchinson Technology HTCH 448407106 1/28/04 1.7 Elect Director William T. Monahan M For For
Incorporated
Hutchinson Technology HTCH 448407106 1/28/04 1.8 Elect Director Richard B. Solum M For For
Incorporated
Hutchinson Technology HTCH 448407106 1/28/04 2 Ratify Auditors M For For
Incorporated
Sybron Dental Specialties, SYD 871142105 2/6/04 1.1 Elect Director James R. Parks M For Withhold
Inc.
Sybron Dental Specialties, SYD 871142105 2/6/04 1.2 Elect Director Floyd W. Pickrell, M For Withhold
Inc. Jr.
Sybron Dental Specialties, SYD 871142105 2/6/04 1.3 Elect Director William E. B. Siart M For Withhold
Inc.
Eagle Materials Inc. EXP 15231R109 1/8/04 1 Approve Reclassification M For For
Eagle Materials Inc. EXP 15231R109 1/8/04 2 Classify the Board of Directors M For Against
Eagle Materials Inc. EXP 15231R109 1/8/04 3 Eliminate Right to Act by Written M For Against
Consent
Eagle Materials Inc. EXP 15231R109 1/8/04 4 Eliminate Right to Call Special M For Against
Meeting
Eagle Materials Inc. EXP 15231R109 1/8/04 5 Adopt Supermajority Vote M For Against
Requirement for Amendments
Eagle Materials Inc. EXP 15231R109 1/8/04 6 Increase Authorized Preferred and M For Against
Common Stock
Eagle Materials Inc. EXP 15231R109 1/8/04 7 Change Company Name M For For
Eagle Materials Inc. EXP 15231R109 1/8/04 8 Adopt Shareholder Rights Plan M For Against
(Poison Pill)
Eagle Materials Inc. EXP 15231R109 1/8/04 9 Approve Omnibus Stock Plan M For For
UGI Corp. UGI 902681105 2/24/04 1.1 Elect Director James W. Stratton M For For
UGI Corp. UGI 902681105 2/24/04 1.2 Elect Director Stephen D. Ban M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
UGI Corp. UGI 902681105 2/24/04 1.3 Elect Director Richard C. Gozon M For For
UGI Corp. UGI 902681105 2/24/04 1.4 Elect Director Lon R. Greenberg M For For
UGI Corp. UGI 902681105 2/24/04 1.5 Elect Director Thomas F. Donovan M For For
UGI Corp. UGI 902681105 2/24/04 1.6 Elect Director Marvin O. Schlanger M For For
UGI Corp. UGI 902681105 2/24/04 1.7 Elect Director Anne Pol M For For
UGI Corp. UGI 902681105 2/24/04 1.8 Elect Director Ernest E. Jones M For For
UGI Corp. UGI 902681105 2/24/04 2 Approve Omnibus Stock Plan M For For
UGI Corp. UGI 902681105 2/24/04 3 Ratify Auditors M For For
UGI Corp. UGI 902681105 2/24/04 4 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
International Rectifier IRF 460254105 1/26/04 1 Increase Authorized Common Stock M For For
Corp.
Amdocs Limited DOX G02602103 1/22/04 1.1 Elect Bruce Anderson as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 1.2 Elect Avinoam Naor as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 1.3 Elect Adrian Gardner as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 1.4 Elect Dov Baharav as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 1.5 Elect Julian Brodsky as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 1.6 Elect Eli Gelman as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 1.7 Elect Charles Foster as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 1.8 Elect James Kahan as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 1.9 Elect Nehemia Lemelbaum as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 1.10 Elect John McLennan as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 1.11 Elect Robert Minicucci as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 1.12 Elect Mario Segal as Director M For Withhold
Amdocs Limited DOX G02602103 1/22/04 2 Accept Financial Statements For M For For
Fiscal Year 2003
Amdocs Limited DOX G02602103 1/22/04 3 Amend 1998 Stock Option and M For For
Incentive Plan
Amdocs Limited DOX G02602103 1/22/04 4 Approve Ernst & Young Auditors and M For For
Authorize Audit Committee of Board
to Fix Their Remuneration
Agere Systems Inc AGR.A 00845V100 2/19/04 1.1 Elect Director Richard L. Clemmer M For For
Agere Systems Inc AGR.A 00845V100 2/19/04 1.2 Elect Director John T. Dickson M For For
Quanex Corp. NX 747620102 2/26/04 1.1 Elect Director Vincent R. Scorsone M For For
Quanex Corp. NX 747620102 2/26/04 1.2 Elect Director Joseph J. Ross M For For
Quanex Corp. NX 747620102 2/26/04 1.3 Elect Director Richard L. Wellek M For For
Quanex Corp. NX 747620102 2/26/04 2 Amend Employee Stock Purchase Plan M For Against
Maximus Inc. MMS 577933104 3/18/04 1.1 Elect Director Paul R. Lederer M For Withhold
Maximus Inc. MMS 577933104 3/18/04 1.1 Elect Director Paul R. Lederer M For Withhold
Maximus Inc. MMS 577933104 3/18/04 1.2 Elect Director Peter B. Pond M For Withhold
Maximus Inc. MMS 577933104 3/18/04 1.2 Elect Director Peter B. Pond M For Withhold
Maximus Inc. MMS 577933104 3/18/04 1.3 Elect Director James R. Thompson, M For Withhold
Jr.
Maximus Inc. MMS 577933104 3/18/04 1.3 Elect Director James R. Thompson, M For Withhold
Jr.
Maximus Inc. MMS 577933104 3/18/04 2 Amend Employee Stock Purchase Plan M For For
Maximus Inc. MMS 577933104 3/18/04 2 Amend Employee Stock Purchase Plan M For For
Advanced Digital ADIC 007525108 3/10/04 1.1 Elect Director Tom A. Alberg M For For
Information Corp.
Advanced Digital ADIC 007525108 3/10/04 1.2 Elect Director Walter F. Walker M For For
Information Corp.
Advanced Digital ADIC 007525108 3/10/04 2 Amend Omnibus Stock Plan M For Against
Information Corp.
Advanced Digital ADIC 007525108 3/10/04 3 Amend Employee Stock Purchase Plan M For For
Information Corp.
Transaction Systems TSAI 893416107 3/9/04 1.1 Elect Director Roger K. Alexander M For For
Architects, Inc.
Transaction Systems TSAI 893416107 3/9/04 1.2 Elect Director John D. Curtis M For For
Architects, Inc.
Transaction Systems TSAI 893416107 3/9/04 1.3 Elect Director Gregory D. Derkacht M For For
Architects, Inc.
Transaction Systems TSAI 893416107 3/9/04 1.4 Elect Director Jim D. Kever M For For
Architects, Inc.
Transaction Systems TSAI 893416107 3/9/04 1.5 Elect Director Frank R. Sanchez M For For
Architects, Inc.
Transaction Systems TSAI 893416107 3/9/04 1.6 Elect Director Harlan F. Seymour M For For
Architects, Inc.
Transaction Systems TSAI 893416107 3/9/04 1.7 Elect Director John E. Stokely M For For
Architects, Inc.
Transaction Systems TSAI 893416107 3/9/04 2 Amend Non-Employee Director Stock M For For
Architects, Inc. Option Plan
Transaction Systems TSAI 893416107 3/9/04 3 Amend Employee Stock Purchase Plan M For For
Architects, Inc.
Transaction Systems TSAI 893416107 3/9/04 4 Ratify Auditors M For For
Architects, Inc.
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
IDEX Corp. IEX 45167R104 3/23/04 1.1 Elect Director Paul E. Raether M For Withhold
IDEX Corp. IEX 45167R104 3/23/04 1.2 Elect Director Neil A. Springer M For Withhold
IDEX Corp. IEX 45167R104 3/23/04 1.3 Elect Director Dennis K. Williams M For Withhold
IDEX Corp. IEX 45167R104 3/23/04 2 Ratify Auditors M For For
United Defense Inds Inc UDI 91018B104 4/13/04 1.1 Elect Director Frank C. Carlucci M For Withhold
United Defense Inds Inc UDI 91018B104 4/13/04 1.2 Elect Director Peter J. Clare M For For
United Defense Inds Inc UDI 91018B104 4/13/04 1.3 Elect Director William E. Conway, M For For
Jr.
United Defense Inds Inc UDI 91018B104 4/13/04 1.4 Elect Director C. Thomas Faulders, M For For
III
United Defense Inds Inc UDI 91018B104 4/13/04 1.5 Elect Director Robert J. Natter M For For
United Defense Inds Inc UDI 91018B104 4/13/04 1.6 Elect Director J. H. Binford Peay, M For For
III
United Defense Inds Inc UDI 91018B104 4/13/04 1.7 Elect Director Thomas W. Rabaut M For For
United Defense Inds Inc UDI 91018B104 4/13/04 1.8 Elect Director Francis Raborn M For For
United Defense Inds Inc UDI 91018B104 4/13/04 1.9 Elect Director John M. M For Withhold
Shalikashvili
United Defense Inds Inc UDI 91018B104 4/13/04 2 Amend Omnibus Stock Plan M For Against
The Ryland Group, Inc. RYL 783764103 4/21/04 1.1 Elect Director R. Chad Dreier M For For
The Ryland Group, Inc. RYL 783764103 4/21/04 1.2 Elect Director Daniel T. Bane M For For
The Ryland Group, Inc. RYL 783764103 4/21/04 1.3 Elect Director Leslie M. Frecon M For For
The Ryland Group, Inc. RYL 783764103 4/21/04 1.4 Elect Director Ronald A. Hernandez M For For
The Ryland Group, Inc. RYL 783764103 4/21/04 1.5 Elect Director William L. Jews M For For
The Ryland Group, Inc. RYL 783764103 4/21/04 1.6 Elect Director Ned Mansour M For For
The Ryland Group, Inc. RYL 783764103 4/21/04 1.7 Elect Director Robert E. Mellor M For For
The Ryland Group, Inc. RYL 783764103 4/21/04 1.8 Elect Director Norman J. Metcalfe M For For
The Ryland Group, Inc. RYL 783764103 4/21/04 1.9 Elect Director Charlotte St. Martin M For For
The Ryland Group, Inc. RYL 783764103 4/21/04 1.10 Elect Director Paul J. Varello M For For
The Ryland Group, Inc. RYL 783764103 4/21/04 1.11 Elect Director John O. Wilson M For For
The Ryland Group, Inc. RYL 783764103 4/21/04 2 Approve Non-Employee Director Stock M For For
Option Plan
The Ryland Group, Inc. RYL 783764103 4/21/04 3 Prepare Sustainability Report S Against Against
FirstFed Financial Corp. FED 337907109 4/21/04 1.1 Elect Director Babette E. Heimbuch M For For
FirstFed Financial Corp. FED 337907109 4/21/04 1.2 Elect Director James P. Giraldin M For For
FirstFed Financial Corp. FED 337907109 4/21/04 1.3 Elect Director John R. Woodhull M For For
FirstFed Financial Corp. FED 337907109 4/21/04 2 Ratify Auditors M For For
Albany International Corp. AIN 012348108 5/6/04 1.1 Elect Director Frank R. Schmeler M For Withhold
Albany International Corp. AIN 012348108 5/6/04 1.2 Elect Director Thomas R. Beecher, M For Withhold
Jr.
Albany International Corp. AIN 012348108 5/6/04 1.3 Elect Director Francis L. McKone M For Withhold
Albany International Corp. AIN 012348108 5/6/04 1.4 Elect Director Barbara P. Wright M For Withhold
Albany International Corp. AIN 012348108 5/6/04 1.5 Elect Director Joseph G. Morone M For Withhold
Albany International Corp. AIN 012348108 5/6/04 1.6 Elect Director Christine L. M For Withhold
Standish
Albany International Corp. AIN 012348108 5/6/04 1.7 Elect Director Erland E. Kailbourne M For Withhold
Albany International Corp. AIN 012348108 5/6/04 1.8 Elect Director John C. Standish M For Withhold
Albany International Corp. AIN 012348108 5/6/04 1.9 Elect Director Hugh J. Murphy M For Withhold
Albany International Corp. AIN 012348108 5/6/04 2 Approve Outside Director Stock M For For
Awards in Lieu of Cash
American Axle & AXL 024061103 4/29/04 1.1 Elect Director B. G. Mathis M For For
Manufacturing Holdings,
Inc.
American Axle & AXL 024061103 4/29/04 1.2 Elect Director Thomas L. Martin M For For
Manufacturing Holdings,
Inc.
American Axle & AXL 024061103 4/29/04 1.3 Elect Director Dr. Henry T. Yang M For For
Manufacturing Holdings,
Inc.
American Axle & AXL 024061103 4/29/04 1.3 Elect Director Dr. Henry T. Yang M For For
Manufacturing Holdings,
Inc.
American Axle & AXL 024061103 4/29/04 3 Approve Omnibus Stock Plan M For For
Manufacturing Holdings,
Inc.
Progress Software Corp. PRGS 743312100 4/22/04 1 Fix Number of Directors M For For
Progress Software Corp. PRGS 743312100 4/22/04 2.1 Elect Director Joseph W. Alsop M For For
Progress Software Corp. PRGS 743312100 4/22/04 2.2 Elect Director Larry R. Harris M For For
Progress Software Corp. PRGS 743312100 4/22/04 2.3 Elect Director Roger J. Heinen, Jr. M For For
Progress Software Corp. PRGS 743312100 4/22/04 2.4 Elect Director Michael L. Mark M For For
Progress Software Corp. PRGS 743312100 4/22/04 2.5 Elect Director Scott A. Mcgregor M For For
Progress Software Corp. PRGS 743312100 4/22/04 2.6 Elect Director Amran Rasiel M For For
Progress Software Corp. PRGS 743312100 4/22/04 3 Amend Employee Stock Purchase Plan M For For
Wolverine World Wide, Inc. WWW 978097103 4/22/04 1.1 Elect Director Geoffrey B. Bloom M For For
Wolverine World Wide, Inc. WWW 978097103 4/22/04 1.2 Elect Director David T. Kollat M For For
Wolverine World Wide, Inc. WWW 978097103 4/22/04 1.3 Elect Director David P. Mehney M For For
Wolverine World Wide, Inc. WWW 978097103 4/22/04 1.4 Elect Director Timothy J. O'Donovan M For For
Wolverine World Wide, Inc. WWW 978097103 4/22/04 2 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
TCF Financial Corp. TCB 872275102 4/28/04 1.1 Elect Director Luella G. Goldberg M For For
TCF Financial Corp. TCB 872275102 4/28/04 1.2 Elect Director George G. Johnson M For For
TCF Financial Corp. TCB 872275102 4/28/04 1.3 Elect Director Lynn A. Nagorske M For For
TCF Financial Corp. TCB 872275102 4/28/04 1.4 Elect Director Ralph Strangis M For Withhold
TCF Financial Corp. TCB 872275102 4/28/04 2 Approve Executive Incentive Bonus M For For
Plan
TCF Financial Corp. TCB 872275102 4/28/04 3 Amend Omnibus Stock Plan M For Against
TCF Financial Corp. TCB 872275102 4/28/04 4 Approve Omnibus Stock Plan M For Against
TCF Financial Corp. TCB 872275102 4/28/04 5 Ratify Auditors M For For
Autoliv Inc. ALV 052800109 4/27/04 1.1 Elect Director Per-Olof Aronson M For For
Autoliv Inc. ALV 052800109 4/27/04 1.2 Elect Director Walter Kunerth M For For
Autoliv Inc. ALV 052800109 4/27/04 1.3 Elect Director Lars Westerberg M For For
Autoliv Inc. ALV 052800109 4/27/04 2 Amend Omnibus Stock Plan M For Against
Autoliv Inc. ALV 052800109 4/27/04 3 Ratify Auditors M For For
Westamerica Bancorporation WABC 957090103 4/22/04 1.1 Elect Director Etta Allen M For For
Westamerica Bancorporation WABC 957090103 4/22/04 1.2 Elect Director Louis Bartolini M For For
Westamerica Bancorporation WABC 957090103 4/22/04 1.3 Elect Director E. Joseph Bowler M For For
Westamerica Bancorporation WABC 957090103 4/22/04 1.4 Elect Director Arthur Latno, Jr. M For For
Westamerica Bancorporation WABC 957090103 4/22/04 1.5 Elect Director Patrick Lynch M For For
Westamerica Bancorporation WABC 957090103 4/22/04 1.6 Elect Director Catherine MacMillan M For For
Westamerica Bancorporation WABC 957090103 4/22/04 1.7 Elect Director Ronald Nelson M For For
Westamerica Bancorporation WABC 957090103 4/22/04 1.8 Elect Director Carl Otto M For For
Westamerica Bancorporation WABC 957090103 4/22/04 1.9 Elect Director David Payne M For For
Westamerica Bancorporation WABC 957090103 4/22/04 1.10 Elect Director Edward Sylvester M For For
Westamerica Bancorporation WABC 957090103 4/22/04 2 Ratify Auditors M For For
Cooper Tire & Rubber Co. CTB 216831107 5/4/04 1.1 Elect Director Arthur H. Aronson M For For
Cooper Tire & Rubber Co. CTB 216831107 5/4/04 1.2 Elect Director Thomas A. Dattilo M For For
Cooper Tire & Rubber Co. CTB 216831107 5/4/04 1.3 Elect Director Byron O. Pond M For For
Cooper Tire & Rubber Co. CTB 216831107 5/4/04 2 Ratify Auditors S Against Against
Waddell & Reed Financial, WDR 930059100 4/28/04 1.1 Elect Director Henry J. Herrmann M For For
Inc.
Waddell & Reed Financial, WDR 930059100 4/28/04 1.2 Elect Director James M. Raines M For For
Inc.
Waddell & Reed Financial, WDR 930059100 4/28/04 1.3 Elect Director William L. Rogers M For For
Inc.
Brunswick Corp. BC 117043109 4/28/04 1.1 Elect Director Nolan D. Archibald M For For
Brunswick Corp. BC 117043109 4/28/04 1.2 Elect Director Jeffrey L. Bleustein M For For
Brunswick Corp. BC 117043109 4/28/04 1.3 Elect Director Graham H. Phillips M For For
Brunswick Corp. BC 117043109 4/28/04 2 Ratify Auditors M For For
C. R. Bard, Inc. BCR 067383109 4/21/04 1.1 Elect Director Anthony Welters M For For
C. R. Bard, Inc. BCR 067383109 4/21/04 1.2 Elect Director Tony L. White M For For
C. R. Bard, Inc. BCR 067383109 4/21/04 1.3 Elect Director Theodore E. Martin M For For
C. R. Bard, Inc. BCR 067383109 4/21/04 1.4 Elect Director Timothy M. Ring M For For
C. R. Bard, Inc. BCR 067383109 4/21/04 2 Approve Omnibus Stock Plan M For For
C. R. Bard, Inc. BCR 067383109 4/21/04 3 Amend Executive Incentive Bonus M For For
Plan
C. R. Bard, Inc. BCR 067383109 4/21/04 4 Ratify Auditors M For For
Cabot Oil & Gas Corp. COG 127097103 4/29/04 1.1 Elect Director Robert F. Bailey M For For
Cabot Oil & Gas Corp. COG 127097103 4/29/04 1.2 Elect Director John G.L. Cabot M For For
Cabot Oil & Gas Corp. COG 127097103 4/29/04 2 Approve Omnibus Stock Plan M For For
Cabot Oil & Gas Corp. COG 127097103 4/29/04 3 Ratify Auditors M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.1 Elect Director Richard F. Bonini M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.2 Elect Director Edgar M. Cullman, Jr M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.3 Elect Director John L. Ernst M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.4 Elect Director Peter A. Hoffman M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.5 Elect Director Efraim Kier M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.6 Elect Director Salomon Levis M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.7 Elect Director Zoila Levis M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.8 Elect Director Harold D. Vicente M For For
Doral Financial Corp. DRL 25811P100 4/21/04 1.9 Elect Director John B. Hughes M For For
Doral Financial Corp. DRL 25811P100 4/21/04 2 Increase Authorized Common Stock M For For
Doral Financial Corp. DRL 25811P100 4/21/04 3 Increase Authorized Preferred Stock M For Against
Doral Financial Corp. DRL 25811P100 4/21/04 4 Approve Omnibus Stock Plan M For For
Doral Financial Corp. DRL 25811P100 4/21/04 5 Ratify Auditors M For For
Inter-Tel, Inc. INTL 458372109 4/27/04 1.1 Elect Director Steven G. Mihaylo M For For
Inter-Tel, Inc. INTL 458372109 4/27/04 1.2 Elect Director J. Robert Anderson M For For
Inter-Tel, Inc. INTL 458372109 4/27/04 1.3 Elect Director Jerry W. Chapman M For For
Inter-Tel, Inc. INTL 458372109 4/27/04 1.4 Elect Director Gary D. Edens M For For
Inter-Tel, Inc. INTL 458372109 4/27/04 1.5 Elect Director C. Roland Haden M For For
Inter-Tel, Inc. INTL 458372109 4/27/04 2 Ratify Auditors M For For
Inter-Tel, Inc. INTL 458372109 4/27/04 3 Other Business M For Against
Compass Bancshares, Inc. CBSS 20449H109 4/19/04 1.1 Elect Director Carl J. Gessler, Jr. M For For
Compass Bancshares, Inc. CBSS 20449H109 4/19/04 1.2 Elect Director D. Paul Jones, Jr. M For For
Compass Bancshares, Inc. CBSS 20449H109 4/19/04 1.3 Elect Director J. Terry Strange M For For
Compass Bancshares, Inc. CBSS 20449H109 4/19/04 2 Adopt Dividend Reinvestment Plan M For For
Compass Bancshares, Inc. CBSS 20449H109 4/19/04 3 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
HNI CORP HNI 438092108 5/4/04 1.1 Elect Director John A. Halbrook M For For
HNI CORP HNI 438092108 5/4/04 1.2 Elect Director Dennis J. Martin M For For
HNI CORP HNI 438092108 5/4/04 1.3 Elect Director Jack D. Michaels M For For
HNI CORP HNI 438092108 5/4/04 1.4 Elect Director Abbie J. Smith M For For
HNI CORP HNI 438092108 5/4/04 2 Change Company Name M For For
HNI CORP HNI 438092108 5/4/04 3 Amend Articles to Remove M For For
Antitakeover Provisions
Macdermid, Inc. MRD 554273102 4/27/04 1.1 Elect Director Daniel H. Leever M For For
Macdermid, Inc. MRD 554273102 4/27/04 1.2 Elect Director Donald G. Ogilvie M For For
Macdermid, Inc. MRD 554273102 4/27/04 1.3 Elect Director James C. Smith M For For
Macdermid, Inc. MRD 554273102 4/27/04 1.4 Elect Director Joseph M. Silvestri M For For
Macdermid, Inc. MRD 554273102 4/27/04 1.5 Elect Director T. Quinn Spitzer M For For
Macdermid, Inc. MRD 554273102 4/27/04 1.6 Elect Director Robert L. Ecklin M For For
Macdermid, Inc. MRD 554273102 4/27/04 2 Ratify Auditors M For For
Macdermid, Inc. MRD 554273102 4/27/04 3 Amend Executive Incentive Bonus M For For
Plan
Macdermid, Inc. MRD 554273102 4/27/04 4 Amend Omnibus Stock Plan M For For
Macdermid, Inc. MRD 554273102 4/27/04 5 Other Business M For Against
OGE Energy Corp. OGE 670837103 5/20/04 1.1 Elect Director Luke R. Corbett M For Withhold
OGE Energy Corp. OGE 670837103 5/20/04 1.2 Elect Director Robert Kelley M For Withhold
OGE Energy Corp. OGE 670837103 5/20/04 1.3 Elect Director J.D. Williams M For Withhold
Teledyne Technologies, TDY 879360105 4/28/04 1.1 Elect Director Charles Crocker M For Withhold
Inc.
Teledyne Technologies, TDY 879360105 4/28/04 1.2 Elect Director Robert Mehrabian M For Withhold
Inc.
Teledyne Technologies, TDY 879360105 4/28/04 1.3 Elect Director Michael T. Smith M For Withhold
Inc.
Teledyne Technologies, TDY 879360105 4/28/04 2 Ratify Auditors M For For
Inc.
Insight Enterprises, Inc. NSIT 45765U103 4/29/04 1.1 Elect Director Eric J. Crown M For For
Insight Enterprises, Inc. NSIT 45765U103 4/29/04 1.2 Elect Director Michael M. Fisher M For For
Insight Enterprises, Inc. NSIT 45765U103 4/29/04 1.3 Elect Director Bennett Dorrance M For For
Insight Enterprises, Inc. NSIT 45765U103 4/29/04 2 Ratify Auditors M For For
ExpressJet Holding, Inc. XJT 30218U108 5/5/04 1.1 Elect Director Kim A. Fadel M For For
ExpressJet Holding, Inc. XJT 30218U108 5/5/04 1.2 Elect Director L.E. Simmons M For For
ExpressJet Holding, Inc. XJT 30218U108 5/5/04 2 Ratify Auditors M For For
ExpressJet Holding, Inc. XJT 30218U108 5/5/04 3 Other Business M None Against
USANA Health Sciences Inc USNA 90328M107 4/21/04 1.1 Elect Director Myron W. Wentz, M For For
Ph.D.
USANA Health Sciences Inc USNA 90328M107 4/21/04 1.2 Elect Director Robert Anciaux M For For
USANA Health Sciences Inc USNA 90328M107 4/21/04 1.3 Elect Director Ronald S. Poelman M For For
USANA Health Sciences Inc USNA 90328M107 4/21/04 1.4 Elect Director Denis E. Waitley, M For For
Ph.D.
USANA Health Sciences Inc USNA 90328M107 4/21/04 1.5 Elect Director Jerry G. McClain M For For
USANA Health Sciences Inc USNA 90328M107 4/21/04 2 Ratify Auditors M For For
Apria Healthcare Group, AHG 037933108 4/21/04 1.1 Elect Director Vicente Anido, Jr. M For For
Inc.
Apria Healthcare Group, AHG 037933108 4/21/04 1.2 Elect Director I.T. Corley M For For
Inc.
Apria Healthcare Group, AHG 037933108 4/21/04 1.3 Elect Director David L. Goldsmith M For For
Inc.
Apria Healthcare Group, AHG 037933108 4/21/04 1.4 Elect Director Lawrence M. Higby M For For
Inc.
Apria Healthcare Group, AHG 037933108 4/21/04 1.5 Elect Director Richard H. Koppes M For For
Inc.
Apria Healthcare Group, AHG 037933108 4/21/04 1.6 Elect Director Philip R. Lochner, M For For
Inc. Jr.
Apria Healthcare Group, AHG 037933108 4/21/04 1.7 Elect Director Jeri L. Lose M For For
Inc.
Apria Healthcare Group, AHG 037933108 4/21/04 1.8 Elect Director Beverly Benedict M For For
Inc. Thomas
Apria Healthcare Group, AHG 037933108 4/21/04 1.9 Elect Director Ralph V. Whitworth M For For
Inc.
United Stationers Inc. USTR 913004107 5/6/04 1.1 Elect Director Roy W. Haley M For For
United Stationers Inc. USTR 913004107 5/6/04 1.2 Elect Director Benson P. Shapiro M For For
United Stationers Inc. USTR 913004107 5/6/04 1.3 Elect Director Alex D. Zoghlin M For For
United Stationers Inc. USTR 913004107 5/6/04 2 Approve Omnibus Stock Plan M For For
Noble Energy, Inc. NBL 655044105 4/27/04 1.1 Elect Director Michael A. Cawley M For For
Noble Energy, Inc. NBL 655044105 4/27/04 1.2 Elect Director Edward F. Cox M For For
Noble Energy, Inc. NBL 655044105 4/27/04 1.3 Elect Director Charles D. Davidson M For For
Noble Energy, Inc. NBL 655044105 4/27/04 1.4 Elect Director Kirby L. Hedrick M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Noble Energy, Inc. NBL 655044105 4/27/04 1.5 Elect Director Dale P. Jones M For For
Noble Energy, Inc. NBL 655044105 4/27/04 1.6 Elect Director Bruce A. Smith M For For
Noble Energy, Inc. NBL 655044105 4/27/04 2 Ratify Auditors M For For
Noble Energy, Inc. NBL 655044105 4/27/04 3 Amend Non-Employee Director Stock M For Against
Option Plan
Noble Energy, Inc. NBL 655044105 4/27/04 4 Approve Executive Incentive Bonus M For For
Plan
Puget Energy, Inc. PSD 745310102 5/4/04 1.1 Elect Director Phyllis J. Campbell M For For
Puget Energy, Inc. PSD 745310102 5/4/04 1.2 Elect Director Stephen E. Frank M For For
Puget Energy, Inc. PSD 745310102 5/4/04 1.3 Elect Director Dr. Kenneth P. M For For
Mortimer
Puget Energy, Inc. PSD 745310102 5/4/04 1.4 Elect Director Stephen P. Reynolds M For For
Providian Financial Corp. PVN 74406A102 5/13/04 1.1 Elect Director John L. Douglas M For For
Providian Financial Corp. PVN 74406A102 5/13/04 1.2 Elect Director J. David Grissom M For For
Providian Financial Corp. PVN 74406A102 5/13/04 1.3 Elect Director Robert J. Higgins M For For
Providian Financial Corp. PVN 74406A102 5/13/04 1.4 Elect Director Francesca Ruiz de M For For
Luzuriaga
Providian Financial Corp. PVN 74406A102 5/13/04 2 Ratify Auditors M For For
Apartment Investment & AIV 03748R101 4/30/04 1.1 Elect Director Terry Considine M For For
Management Co.
Apartment Investment & AIV 03748R101 4/30/04 1.2 Elect Director Peter K. Kompaniez M For For
Management Co.
Apartment Investment & AIV 03748R101 4/30/04 1.3 Elect Director James N. Bailey M For For
Management Co.
Apartment Investment & AIV 03748R101 4/30/04 1.4 Elect Director Richard S. Ellwood M For For
Management Co.
Apartment Investment & AIV 03748R101 4/30/04 1.5 Elect Director J. Landis Martin M For For
Management Co.
Apartment Investment & AIV 03748R101 4/30/04 1.6 Elect Director Thomas L. Rhodes M For For
Management Co.
Apartment Investment & AIV 03748R101 4/30/04 2 Ratify Auditors M For For
Management Co.
Apartment Investment & AIV 03748R101 4/30/04 3 Approve Sale of Company Assets M For For
Management Co.
Apartment Investment & AIV 03748R101 4/30/04 4 Limit Executive Compensation S Against Against
Management Co.
Stewart Information STC 860372101 4/30/04 1.1 Elect Director Lloyd Bentsen, III M For For
Services Corp.
Stewart Information STC 860372101 4/30/04 1.2 Elect Director Nita B. Hanks M For For
Services Corp.
Stewart Information STC 860372101 4/30/04 1.3 Elect Director Dr. E. Douglas Hodo M For For
Services Corp.
Stewart Information STC 860372101 4/30/04 1.4 Elect Director Dr. W. Arthur Porter M For For
Services Corp.
Stewart Information STC 860372101 4/30/04 1.5 Elect Director Gov. John P. Laware M For For
Services Corp.
Energen Corp. EGN 29265N108 4/28/04 1.1 Elect Director Stephen D. Ban M For For
Energen Corp. EGN 29265N108 4/28/04 1.2 Elect Director Julian W. Banton M For For
Energen Corp. EGN 29265N108 4/28/04 1.3 Elect Director T. Michael Goodrich M For For
Energen Corp. EGN 29265N108 4/28/04 1.4 Elect Director Wm. Michael Warren M For For
Jr.
Energen Corp. EGN 29265N108 4/28/04 1.5 Elect Director David W. Wilson M For For
Health Net, Inc. HNT 42222G108 5/13/04 1.1 Elect Director J. Thomas Bouchard M For For
Health Net, Inc. HNT 42222G108 5/13/04 1.2 Elect Director Theodore F. Craver, M For For
Jr.
Health Net, Inc. HNT 42222G108 5/13/04 1.3 Elect Director Thomas T. Farley M For For
Health Net, Inc. HNT 42222G108 5/13/04 1.4 Elect Director Gale S. Fitzgerald M For For
Health Net, Inc. HNT 42222G108 5/13/04 1.5 Elect Director Patrick Foley M For For
Health Net, Inc. HNT 42222G108 5/13/04 1.6 Elect Director Jay M. Gellert M For For
Health Net, Inc. HNT 42222G108 5/13/04 1.7 Elect Director Roger F. Greaves M For For
Health Net, Inc. HNT 42222G108 5/13/04 1.8 Elect Director Richard W. Hanselman M For For
Health Net, Inc. HNT 42222G108 5/13/04 1.9 Elect Director Richard J. M For For
Stegemeier
Health Net, Inc. HNT 42222G108 5/13/04 1.10 Elect Director Bruce G. Willison M For For
Health Net, Inc. HNT 42222G108 5/13/04 1.11 Elect Director Frederick C. Yeager M For For
Health Net, Inc. HNT 42222G108 5/13/04 2 Eliminate Class of Common Stock M For For
Health Net, Inc. HNT 42222G108 5/13/04 3 Ratify Auditors M For For
Washington Group WGII 938862208 5/7/04 1 Declassify the Board of Directors M For For
International Inc
Washington Group WGII 938862208 5/7/04 2.1 Elect Director Stephen G. Hanks M For For
International Inc
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Washington Group WGII 938862208 5/7/04 2.2 Elect Director Michael P. Monaco M For For
International Inc
Washington Group WGII 938862208 5/7/04 2.3 Elect Director Cordell Reed M For For
International Inc
Washington Group WGII 938862208 5/7/04 2.4 Elect Director Bettina M. Whyte M For For
International Inc
Washington Group WGII 938862208 5/7/04 2.4 Elect Director Bettina M. Whyte M For For
International Inc
Washington Group WGII 938862208 5/7/04 4 Approve Omnibus Stock Plan M For Against
International Inc
Valassis Communications, VCI 918866104 5/11/04 1.1 Elect Director Patrick F. Brennan M For For
Inc.
Valassis Communications, VCI 918866104 5/11/04 1.2 Elect Director Kenneth V. Darish M For For
Inc.
Valassis Communications, VCI 918866104 5/11/04 1.3 Elect Director Seth Goldstein M For For
Inc.
Valassis Communications, VCI 918866104 5/11/04 1.4 Elect Director Barry P. Hoffman M For For
Inc.
Valassis Communications, VCI 918866104 5/11/04 1.5 Elect Director Walter H. Ku M For For
Inc.
Valassis Communications, VCI 918866104 5/11/04 1.6 Elect Director Robert L. Recchia M For For
Inc.
Valassis Communications, VCI 918866104 5/11/04 1.7 Elect Director Marcella A. Sampson M For For
Inc.
Valassis Communications, VCI 918866104 5/11/04 1.8 Elect Director Alan F. Schultz M For For
Inc.
Valassis Communications, VCI 918866104 5/11/04 1.9 Elect Director Faith Whittlesey M For For
Inc.
Valassis Communications, VCI 918866104 5/11/04 2 Ratify Auditors M For For
Inc.
Pactiv Corp. PTV 695257105 5/14/04 1.1 Elect Director Larry D. Brady M For For
Pactiv Corp. PTV 695257105 5/14/04 1.2 Elect Director K. Dane Brooksher M For For
Pactiv Corp. PTV 695257105 5/14/04 1.3 Elect Director Robert J. Darnall M For For
Pactiv Corp. PTV 695257105 5/14/04 1.4 Elect Director Mary R. (Nina)
Henderson M For For
Pactiv Corp. PTV 695257105 5/14/04 1.5 Elect Director Roger B. Porter M For For
Pactiv Corp. PTV 695257105 5/14/04 1.6 Elect Director Richard L. Wambold M For For
Pactiv Corp. PTV 695257105 5/14/04 1.7 Elect Director Norman H. Wesley M For For
Pactiv Corp. PTV 695257105 5/14/04 2 Ratify Auditors M For For
Advanced Fibre AFCI 00754A105 5/20/04 1.1 Elect Director John A. Schofield M For For
Communications, Inc.
Advanced Fibre AFCI 00754A105 5/20/04 1.2 Elect Director Ruann F. Ernst M For For
Communications, Inc.
Advanced Fibre AFCI 00754A105 5/20/04 1.3 Elect Director Frank Ianna M For For
Communications, Inc.
Advanced Fibre AFCI 00754A105 5/20/04 2 Ratify Auditors M For For
Communications, Inc.
Benchmark Electronics, BHE 08160H101 5/11/04 1.1 Elect Director Donald E. Nigbor M For For
Inc.
Benchmark Electronics, BHE 08160H101 5/11/04 1.2 Elect Director Cary T. Fu M For For
Inc.
Benchmark Electronics, BHE 08160H101 5/11/04 1.3 Elect Director Steven A. Barton M For For
Inc.
Benchmark Electronics, BHE 08160H101 5/11/04 1.4 Elect Director John W. Cox M For For
Inc.
Benchmark Electronics, BHE 08160H101 5/11/04 1.5 Elect Director John C. Custer M For For
Inc.
Benchmark Electronics, BHE 08160H101 5/11/04 1.6 Elect Director Peter G. Dorflinger M For For
Inc.
Benchmark Electronics, BHE 08160H101 5/11/04 1.7 Elect Director Bernee D. L. Strom M For For
Inc.
Benchmark Electronics, BHE 08160H101 5/11/04 2 Amend Omnibus Stock Plan M For Against
Inc.
Benchmark Electronics, BHE 08160H101 5/11/04 3 Ratify Auditors M For For
Inc.
York International Corp YRK 986670107 5/20/04 1.1 Elect Director W. Michael Clevy M For For
York International Corp YRK 986670107 5/20/04 1.2 Elect Director J. Roderick Heller, M For For
III
York International Corp YRK 986670107 5/20/04 1.3 Elect Director Robert F. B. Logan M For For
York International Corp YRK 986670107 5/20/04 1.4 Elect Director Gerald C. McDonough M For For
York International Corp YRK 986670107 5/20/04 1.5 Elect Director C. David Myers M For For
York International Corp YRK 986670107 5/20/04 1.6 Elect Director Paul J. Powers M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
York International Corp YRK 986670107 5/20/04 1.7 Elect Director Donald M. Roberts M For For
York International Corp YRK 986670107 5/20/04 1.8 Elect Director James A. Urry M For For
York International Corp YRK 986670107 5/20/04 2 Amend Employee Stock Purchase Plan M For For
York International Corp YRK 986670107 5/20/04 3 Amend Omnibus Stock Plan M For Against
York International Corp YRK 986670107 5/20/04 4 Amend Executive Incentive Bonus M For For
Plan
York International Corp YRK 986670107 5/20/04 5 Ratify Auditors M For For
CBL & Associates CBL 124830100 5/10/04 1.1 Elect Director Stephen D. Lebovitz M For For
Properties, Inc.
CBL & Associates CBL 124830100 5/10/04 1.2 Elect Director Winston W. Walker M For For
Properties, Inc.
CBL & Associates CBL 124830100 5/10/04 2 Ratify Auditors M For For
Properties, Inc.
Arbitron, Inc. ARB 03875Q108 5/17/04 1.1 Elect Director Alan Aldworth M For For
Arbitron, Inc. ARB 03875Q108 5/17/04 1.2 Elect Director Erica Farber M For For
Arbitron, Inc. ARB 03875Q108 5/17/04 1.3 Elect Director Kenneth F. Gorman M For For
Arbitron, Inc. ARB 03875Q108 5/17/04 1.4 Elect Director Philip Guarascio M For For
Arbitron, Inc. ARB 03875Q108 5/17/04 1.5 Elect Director Larry E. M For For
Kittelberger
Arbitron, Inc. ARB 03875Q108 5/17/04 1.6 Elect Director Stephen B. Morris M For For
Arbitron, Inc. ARB 03875Q108 5/17/04 1.7 Elect Director Luis G. Nogales M For For
Arbitron, Inc. ARB 03875Q108 5/17/04 1.8 Elect Director Lawrence Perlman M For For
Arbitron, Inc. ARB 03875Q108 5/17/04 1.9 Elect Director Richard A. Post M For For
Arbitron, Inc. ARB 03875Q108 5/17/04 2 Amend Omnibus Stock Plan M For Against
Manor Care, Inc. HCR 564055101 5/5/04 1.1 Elect Director Virgis W. Colbert M For For
Manor Care, Inc. HCR 564055101 5/5/04 1.2 Elect Director William H. Longfield M For For
Manor Care, Inc. HCR 564055101 5/5/04 1.3 Elect Director Paul A. Ormond M For For
Manor Care, Inc. HCR 564055101 5/5/04 2 Amend Omnibus Stock Plan M For For
Manor Care, Inc. HCR 564055101 5/5/04 3 Declassify the Board of Directors M For For
Manor Care, Inc. HCR 564055101 5/5/04 4 Ratify Auditors M For For
Manor Care, Inc. HCR 564055101 5/5/04 5 Limit Executive Compensation S Against Against
Denbury Resources Inc. DNR 247916208 5/12/04 1.1 Elect Director Ronald G. Greene M For For
Denbury Resources Inc. DNR 247916208 5/12/04 1.2 Elect Director David I. Heather M For For
Denbury Resources Inc. DNR 247916208 5/12/04 1.3 Elect Director William S. Price, M For For
III
Denbury Resources Inc. DNR 247916208 5/12/04 1.4 Elect Director Gareth Roberts M For For
Denbury Resources Inc. DNR 247916208 5/12/04 1.5 Elect Director Wieland F. Wettstein M For For
Denbury Resources Inc. DNR 247916208 5/12/04 1.6 Elect Director Carrie A. Wheeler M For For
Denbury Resources Inc. DNR 247916208 5/12/04 2 Approve Omnibus Stock Plan M For For
WELLCHOICE INC WC 949475107 5/19/04 1.1 Elect Director Philip Briggs M For Withhold
WELLCHOICE INC WC 949475107 5/19/04 1.2 Elect Director Faye Wattleton M For Withhold
WELLCHOICE INC WC 949475107 5/19/04 1.3 Elect Director Stephen Scheidt, M For Withhold
M.D.
WELLCHOICE INC WC 949475107 5/19/04 1.4 Elect Director Edward J. Malloy M For Withhold
WELLCHOICE INC WC 949475107 5/19/04 2 Ratify Auditors M For For
Radian Group Inc. RDN 750236101 5/11/04 1.1 Elect Director James W. Jennings M For For
Radian Group Inc. RDN 750236101 5/11/04 1.2 Elect Director Roy J. Kasmar M For For
Radian Group Inc. RDN 750236101 5/11/04 1.3 Elect Director Herbert Wender M For For
Radian Group Inc. RDN 750236101 5/11/04 1.4 Elect Director Jan Nicholson M For For
Radian Group Inc. RDN 750236101 5/11/04 2 Amend Omnibus Stock Plan M For Against
Radian Group Inc. RDN 750236101 5/11/04 3 Amend Articles M For For
Radian Group Inc. RDN 750236101 5/11/04 4 Ratify Auditors M For For
Sandisk Corp. SNDK 80004C101 5/20/04 1.1 Elect Director Eli Harari M For For
Sandisk Corp. SNDK 80004C101 5/20/04 1.2 Elect Director Irwin Federman M For For
Sandisk Corp. SNDK 80004C101 5/20/04 1.3 Elect Director Judy Bruner M For For
Sandisk Corp. SNDK 80004C101 5/20/04 1.4 Elect Director Michael E. Marks M For For
Sandisk Corp. SNDK 80004C101 5/20/04 1.5 Elect Director James D. Meindl M For For
Sandisk Corp. SNDK 80004C101 5/20/04 1.6 Elect Director Alan F. Shugart M For For
Sandisk Corp. SNDK 80004C101 5/20/04 2 Ratify Auditors M For For
Tesoro Petroleum Corp. TSO 881609101 5/11/04 1.1 Elect Director Robert W. Goldman M For For
Tesoro Petroleum Corp. TSO 881609101 5/11/04 1.2 Elect Director Steven H. Grapstein M For For
Tesoro Petroleum Corp. TSO 881609101 5/11/04 1.3 Elect Director William J. Johnson M For For
Tesoro Petroleum Corp. TSO 881609101 5/11/04 1.4 Elect Director A. Maurice Myers M For For
Tesoro Petroleum Corp. TSO 881609101 5/11/04 1.5 Elect Director Donald H. Schmude M For For
Tesoro Petroleum Corp. TSO 881609101 5/11/04 1.6 Elect Director Bruce A. Smith M For For
Tesoro Petroleum Corp. TSO 881609101 5/11/04 1.7 Elect Director Patrick J. Ward M For For
Tesoro Petroleum Corp. TSO 881609101 5/11/04 2 Amend Non-Employee Director Stock M For Against
Option Plan
Tesoro Petroleum Corp. TSO 881609101 5/11/04 3 Amend Omnibus Stock Plan M For Against
Tesoro Petroleum Corp. TSO 881609101 5/11/04 4 Ratify Auditors M For For
Redwood Trust, Inc. RWT 758075402 5/6/04 1.1 Elect Director Richard D. Baum M For For
Redwood Trust, Inc. RWT 758075402 5/6/04 1.2 Elect Director Mariann Byerwalter M For For
Redwood Trust, Inc. RWT 758075402 5/6/04 1.3 Elect Director David L. Tyler M For For
Redwood Trust, Inc. RWT 758075402 5/6/04 2 Ratify Auditors M For For
Redwood Trust, Inc. RWT 758075402 5/6/04 3 Amend Omnibus Stock Plan M For Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Storage Technology Corp. STK 862111200 5/20/04 1.1 Elect Director James R. Adams M For For
Storage Technology Corp. STK 862111200 5/20/04 1.2 Elect Director Charles E. Foster M For For
Storage Technology Corp. STK 862111200 5/20/04 1.3 Elect Director Mercedes Johnson M For For
Storage Technology Corp. STK 862111200 5/20/04 1.4 Elect Director William T. Kerr M For For
Storage Technology Corp. STK 862111200 5/20/04 1.5 Elect Director Robert E. Lee M For For
Storage Technology Corp. STK 862111200 5/20/04 1.6 Elect Director Patrick J. Martin M For For
Storage Technology Corp. STK 862111200 5/20/04 1.7 Elect Director Judy C. Odom M For For
Storage Technology Corp. STK 862111200 5/20/04 2 Approve Omnibus Stock Plan M For For
Storage Technology Corp. STK 862111200 5/20/04 3 Approve Executive Incentive Bonus M For For
Plan
Storage Technology Corp. STK 862111200 5/20/04 4 Provide for Cumulative Voting S Against Against
American Medical Systems AMMD 02744M108 5/6/04 1.1 Elect Director Jay Graf M For For
Holdings, Inc.
West Corporation WSTC 952355105 5/13/04 1.1 Elect Director Mary E. West M For Withhold
West Corporation WSTC 952355105 5/13/04 1.2 Elect Director George H. Krauss M For Withhold
West Corporation WSTC 952355105 5/13/04 2 Ratify Auditors M For For
W. R. Berkley Corp. BER 084423102 5/11/04 1.1 Elect Director William R. Berkley, M For For
Jr.
W. R. Berkley Corp. BER 084423102 5/11/04 1.2 Elect Director Ronald E. Blaylock M For For
W. R. Berkley Corp. BER 084423102 5/11/04 1.3 Elect Director Mark E. Brockbank M For For
W. R. Berkley Corp. BER 084423102 5/11/04 1.4 Elect Director Rodney A. Hawes, Jr. M For For
W. R. Berkley Corp. BER 084423102 5/11/04 2 Approve Executive Incentive Bonus M For For
Plan
W. R. Berkley Corp. BER 084423102 5/11/04 3 Increase Authorized Common Stock M For For
W. R. Berkley Corp. BER 084423102 5/11/04 4 Ratify Auditors M For For
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 1.1 Elect Director Donald A. Sherman M For For
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 1.2 Elect Director Robert Rosenkranz M For For
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 1.3 Elect Director Van D. Greenfield M For For
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 1.4 Elect Director Robert M. Smith, Jr. M For For
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 1.5 Elect Director Harold F. Ilg M For For
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 1.6 Elect Director Lawrence E. Daurelle M For For
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 1.7 Elect Director James N. Meehan M For For
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 1.8 Elect Director Edward A. Fox M For For
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 1.9 Elect Director Philip R. O'Connor M For For
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 2 Amend Omnibus Stock Plan M For Against
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 3 Approve Executive Incentive Bonus M For For
Plan
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 4 Divest from Tobacco Equities S Against Against
Delphi Financial Group,
Inc. DFG 247131105 5/5/04 5 Other Business M For Against
Telik, Inc. TELK 87959M109 5/12/04 1.1 Elect Director M.M. Wick, M.D., M For For
Ph.D.
Telik, Inc. TELK 87959M109 5/12/04 1.2 Elect Director Richard Newman, Esq. M For For
Telik, Inc. TELK 87959M109 5/12/04 2 Ratify Auditors M For For
Comstock Resources, Inc. CRK 205768203 5/10/04 1.1 Elect Director Cecil E. Martin, Jr. M For For
Comstock Resources, Inc. CRK 205768203 5/10/04 1.2 Elect Director Nancy E. Underwood M For For
Comstock Resources, Inc. CRK 205768203 5/10/04 2 Ratify Auditors M For For
National Financial
Partners Corp. NFP 63607P208 5/19/04 1.1 Elect Director Stephanie Abramson M For For
National Financial
Partners Corp. NFP 63607P208 5/19/04 1.2 Elect Director Arthur Ainsberg M For For
National Financial
Partners Corp. NFP 63607P208 5/19/04 1.3 Elect Director Marc Becker M For For
National Financial
Partners Corp. NFP 63607P208 5/19/04 1.4 Elect Director Jessica Bibliowicz M For For
National Financial
Partners Corp. NFP 63607P208 5/19/04 1.5 Elect Director Matthew Goldstein M For For
National Financial
Partners Corp. NFP 63607P208 5/19/04 1.6 Elect Director Shari Loessberg M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
National Financial
Partners Corp. NFP 63607P208 5/19/04 1.7 Elect Director Marc Rowan M For For
National Financial
Partners Corp. NFP 63607P208 5/19/04 2 Approve Executive Incentive Bonus M For For
National Financial Plan
Partners Corp. NFP 63607P208 5/19/04 3 Ratify Auditors M For For
Foot Locker Inc FL 344849104 5/26/04 1.1 Elect Director James E. Preston M For Withhold
Foot Locker Inc FL 344849104 5/26/04 1.2 Elect Director Matthew D. Serra M For Withhold
Foot Locker Inc FL 344849104 5/26/04 1.3 Elect Director Christopher A. M For Withhold
Sinclair
Foot Locker Inc FL 344849104 5/26/04 1.4 Elect Director Dona D. Young M For Withhold
Foot Locker Inc FL 344849104 5/26/04 2 Ratify Auditors M For For
Nuevo Energy Co. NULL 670509108 5/14/04 1 Approve Merger Agreement M For For
Abercrombie & Fitch Co. ANF 002896207 5/20/04 1.1 Elect Director John A. Golden M For For
Abercrombie & Fitch Co. ANF 002896207 5/20/04 1.2 Elect Director Seth R. Johnson M For For
Abercrombie & Fitch Co. ANF 002896207 5/20/04 1.3 Elect Director Edward F. Limato M For For
Mohawk Industries, Inc. MHK 608190104 5/19/04 1.1 Elect Director Leo Benatar M For For
Mohawk Industries, Inc. MHK 608190104 5/19/04 1.2 Elect Director Phyllis O. Bonanno M For For
Mohawk Industries, Inc. MHK 608190104 5/19/04 1.3 Elect Director David L. Kolb M For For
Mohawk Industries, Inc. MHK 608190104 5/19/04 1.4 Elect Director W. Christopher M For For
Wellborn
Trizec Properties, Inc. TRZ 89687P107 5/20/04 1.1 Elect Director Peter Munk M For For
Trizec Properties, Inc. TRZ 89687P107 5/20/04 1.2 Elect Director Timothy Callahan M For For
Trizec Properties, Inc. TRZ 89687P107 5/20/04 1.3 Elect Director L. Jay Cross M For For
Trizec Properties, Inc. TRZ 89687P107 5/20/04 1.4 Elect Director Brian Mulroney M For For
Trizec Properties, Inc. TRZ 89687P107 5/20/04 1.5 Elect Director James O'Connor M For For
Trizec Properties, Inc. TRZ 89687P107 5/20/04 1.6 Elect Director Glenn Rufrano M For For
Trizec Properties, Inc. TRZ 89687P107 5/20/04 1.7 Elect Director Richard Thomson M For For
Trizec Properties, Inc. TRZ 89687P107 5/20/04 1.8 Elect Director Polyvios Vintiadis M For For
Trizec Properties, Inc. TRZ 89687P107 5/20/04 1.9 Elect Director Stephen Volk M For For
Trizec Properties, Inc. TRZ 89687P107 5/20/04 1.10 Elect Director Casey Wold M For For
Trizec Properties, Inc. TRZ 89687P107 5/20/04 2 Ratify Auditors M For For
Trizec Properties, Inc. TRZ 89687P107 5/20/04 3 Amend Articles M For Against
The Student Loan
Corporation STU 863902102 5/13/04 1.1 Elect Director Bill Beckmann M For Withhold
The Student Loan
Corporation STU 863902102 5/13/04 1.2 Elect Director Dr. Glenda B. Glover M For Withhold
The Student Loan
Corporation STU 863902102 5/13/04 1.3 Elect Director Yiannis Zographakis M For Withhold
The Student Loan
Corporation STU 863902102 5/13/04 2 Ratify Auditors M For For
Georgia Gulf Corp. GGC 373200203 5/18/04 1.1 Elect Director Jerry R. Satrum M For For
Georgia Gulf Corp. GGC 373200203 5/18/04 1.2 Elect Director Edward A. Schmitt M For For
Georgia Gulf Corp. GGC 373200203 5/18/04 1.3 Elect Director Yoshi Kawashima M For For
Georgia Gulf Corp. GGC 373200203 5/18/04 2 Ratify Auditors M For For
Georgia Gulf Corp. GGC 373200203 5/18/04 3 Amend Omnibus Stock Plan M For Against
Georgia Gulf Corp. GGC 373200203 5/18/04 4 Approve Executive Incentive Bonus M For For
Plan
Regal Entertainment Group RGC 758766109 5/12/04 1.1 Elect Director Thomas D. Bell, Jr. M For Withhold
Regal Entertainment Group RGC 758766109 5/12/04 1.2 Elect Director Craig D. Slater M For Withhold
Regal Entertainment Group RGC 758766109 5/12/04 2 Ratify Auditors M For For
Harte-Hanks, Inc. HHS 416196103 5/18/04 1.1 Elect Director Larry Franklin M For For
Harte-Hanks, Inc. HHS 416196103 5/18/04 1.2 Elect Director William F. Farley M For For
Harte-Hanks, Inc. HHS 416196103 5/18/04 1.3 Elect Director William K. Gayden M For For
Harte-Hanks, Inc. HHS 416196103 5/18/04 2 Amend Omnibus Stock Plan M For Against
Ross Stores, Inc. ROST 778296103 5/20/04 1.1 Elect Director Michael J. Bush M For For
Ross Stores, Inc. ROST 778296103 5/20/04 1.2 Elect Director Norman A. Ferber M For Withhold
Ross Stores, Inc. ROST 778296103 5/20/04 1.3 Elect Director James C. Peters M For For
Ross Stores, Inc. ROST 778296103 5/20/04 2 Approve Omnibus Stock Plan M For Against
Ross Stores, Inc. ROST 778296103 5/20/04 3 Increase Authorized Common Stock M For For
Ross Stores, Inc. ROST 778296103 5/20/04 4 Ratify Auditors M For For
United Online, Inc. UNTD 911268100 5/6/04 1.1 Elect Director Robert Berglass M For For
United Online, Inc. UNTD 911268100 5/6/04 1.2 Elect Director Kenneth L. Coleman M For For
United Online, Inc. UNTD 911268100 5/6/04 2 Ratify Auditors M For For
United Online, Inc. UNTD 911268100 5/6/04 3 Other Business M For Against
RSA Security Inc. RSAS 749719100 5/27/04 1.1 Elect Director Gloria C. Larson M For For
RSA Security Inc. RSAS 749719100 5/27/04 1.2 Elect Director Joseph B. Lassiter, M For For
III
RSA Security Inc. RSAS 749719100 5/27/04 1.3 Elect Director Charles R. Stuckey, M For For
Jr.
RSA Security Inc. RSAS 749719100 5/27/04 2 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 1 Declassify the Board of Directors M For For
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 2 Amend Stock Ownership Limitations M For For
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 3.1 Elect Director Peter Quick M For Withhold
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 3.2 Elect Director Stanley Steinberg M For Withhold
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 3.3 Elect Director John Ruffle M For Withhold
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 3.4 Elect Director Elizabeth McCaul M For Withhold
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 3.5 Elect Director Douglas Crocker II M For Withhold
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 3.6 Elect Director Scott H. Rechler M For Withhold
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 3.7 Elect Director Donald J. Rechler M For Withhold
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 3.8 Elect Director Lewis S. Ranieri M For Withhold
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 3.9 Elect Director Ronald H. Menaker M For Withhold
Reckson Associates Realty
Corp. RA 75621K106 6/2/04 4 Ratify Auditors M For For
Community Health Systems,
Inc. CYH 203668108 5/25/04 1.1 Elect Director W. Larry Cash M For For
Community Health Systems,
Inc. CYH 203668108 5/25/04 1.2 Elect Director J. Anthony Forstmann M For For
Community Health Systems,
Inc. CYH 203668108 5/25/04 1.3 Elect Director Harvey Klein, M.D. M For For
Community Health Systems,
Inc. CYH 203668108 5/25/04 1.4 Elect Director H. Mitchell Watson, M For For
Jr.
Community Health Systems,
Inc. CYH 203668108 5/25/04 2 Approve Executive Incentive Bonus M For For
Plan
Community Health Systems,
Inc. CYH 203668108 5/25/04 3 Ratify Auditors M For For
Community Health Systems,
Inc. CYH 203668108 5/25/04 4 Separate Chairman and CEO Positions S Against Against
Terex Corp. TEX 880779103 5/25/04 1.1 Elect Director Ronald M. DeFeo M For For
Terex Corp. TEX 880779103 5/25/04 1.2 Elect Director G. Chris Andersen M For For
Terex Corp. TEX 880779103 5/25/04 1.3 Elect Director Don DeFosset M For For
Terex Corp. TEX 880779103 5/25/04 1.4 Elect Director William H. Fike M For For
Terex Corp. TEX 880779103 5/25/04 1.5 Elect Director Dr. Donald P. Jacobs M For For
Terex Corp. TEX 880779103 5/25/04 1.6 Elect Director David A. Sachs M For For
Terex Corp. TEX 880779103 5/25/04 1.7 Elect Director J. C. Watts, Jr. M For For
Terex Corp. TEX 880779103 5/25/04 1.8 Elect Director Helge H. Wehmeier M For For
Terex Corp. TEX 880779103 5/25/04 2 Ratify Auditors M For For
Terex Corp. TEX 880779103 5/25/04 3 Amend Omnibus Stock Plan M For Against
Terex Corp. TEX 880779103 5/25/04 4 Approve Executive Incentive Bonus M For For
Plan
Terex Corp. TEX 880779103 5/25/04 5 Approve Employee Stock Purchase M For For
Plan
Terex Corp. TEX 880779103 5/25/04 6 Approve Deferred Compensation Plan M For For
Terex Corp. TEX 880779103 5/25/04 7 Approve Outside Director Stock M For For
Options in Lieu of Cash
Prime Hospitality Corp. PDQ 741917108 5/20/04 1.1 Elect Director Howard M. Lorber M For For
Prime Hospitality Corp. PDQ 741917108 5/20/04 1.2 Elect Director Richard Szymanski M For For
Chiquita Brands
International, Inc. CQB 170032809 5/25/04 1.1 Elect Director Fernando Aguirre M For For
Chiquita Brands
International, Inc. CQB 170032809 5/25/04 1.2 Elect Director Morten Arntzen M For For
Chiquita Brands
International, Inc. CQB 170032809 5/25/04 1.3 Elect Director Jeffrey D. Benjamin M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Chiquita Brands
International, Inc. CQB 170032809 5/25/04 1.4 Elect Director Robert W. Fisher M For For
Chiquita Brands
International, Inc. CQB 170032809 5/25/04 1.5 Elect Director Roderick M. Hills M For For
Chiquita Brands
International, Inc. CQB 170032809 5/25/04 1.6 Elect Director Durk I. Jager M For For
Chiquita Brands
International, Inc. CQB 170032809 5/25/04 1.7 Elect Director Jaime Serra M For For
Chiquita Brands
International, Inc. CQB 170032809 5/25/04 1.8 Elect Director Steven P. Stanbrook M For For
VeriSign Inc VRSN 92343E102 5/27/04 1.1 Elect Director D. James Bidzos M For Withhold
VeriSign Inc VRSN 92343E102 5/27/04 1.2 Elect Director William L. Chenevich M For Withhold
VeriSign Inc VRSN 92343E102 5/27/04 1.3 Elect Director Gregory L. Reyes M For Withhold
VeriSign Inc VRSN 92343E102 5/27/04 2 Ratify Auditors M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.1 Elect Director Mariann Byerwalter M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.2 Elect Director James C. Castle M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.3 Elect Director Carmine Guerro M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.4 Elect Director W. Roger Haughton M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.5 Elect Director Wayne E. Hedien M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.6 Elect Director Louis G. Lower II M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.7 Elect Director Raymond L. Ocampo M For For
Jr.
The PMI Group, Inc. PMI 69344M101 5/27/04 1.8 Elect Director John D. Roach M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.9 Elect Director Kenneth T. Rosen M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.10 Elect Director Steven L. Scheid M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.11 Elect Director L. Stephen Smith M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.12 Elect Director Richard L. Thomas M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.13 Elect Director Mary Lee Widener M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.14 Elect Director Ronald H. Zech M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 2 Ratify Auditors M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 3 Amend Omnibus Stock Plan M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 4 Approve Deferred Compensation Plan M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 5 Approve Executive Incentive Bonus M For For
Plan
Rent-A-Center, Inc. RCII 76009N100 5/19/04 1.1 Elect Director Mitchell E. Fadel M For For
Rent-A-Center, Inc. RCII 76009N100 5/19/04 1.2 Elect Director Peter P. Copses M For For
Rent-A-Center, Inc. RCII 76009N100 5/19/04 1.3 Elect Director Mary Elizabeth M For For
Burton
Rent-A-Center, Inc. RCII 76009N100 5/19/04 2 Increase Authorized Common Stock M For For
Neurocrine Biosciences,
Inc. NBIX 64125C109 5/26/04 1.1 Elect Director Richard F. Pops M For For
Neurocrine Biosciences,
Inc. NBIX 64125C109 5/26/04 1.2 Elect Director Stephen A. Sherwin, M For For
M.D.
Neurocrine Biosciences,
Inc. NBIX 64125C109 5/26/04 2 Ratify Auditors M For For
Neurocrine Biosciences,
Inc. NBIX 64125C109 5/26/04 3 Amend Omnibus Stock Plan M For Against
Commonwealth Telephone
Enterprises, Inc. CTCO 203349105 5/19/04 1.1 Elect Director Frank M. Henry M For Withhold
Commonwealth Telephone
Enterprises, Inc. CTCO 203349105 5/19/04 1.2 Elect Director Michael J. Mahoney M For Withhold
Commonwealth Telephone
Enterprises, Inc. CTCO 203349105 5/19/04 1.3 Elect Director John J. Whyte M For Withhold
Commonwealth Telephone
Enterprises, Inc. CTCO 203349105 5/19/04 2 Ratify Auditors M For For
Commonwealth Telephone
Enterprises, Inc. CTCO 203349105 5/19/04 3 Approve Omnibus Stock Plan M For Against
Micrel, Inc. MCRL 594793101 5/27/04 1.1 Elect Director Raymond D. Zinn M For For
Micrel, Inc. MCRL 594793101 5/27/04 1.2 Elect Director Warren H. Muller M For Withhold
Micrel, Inc. MCRL 594793101 5/27/04 1.3 Elect Director Larry L. Hansen M For For
Micrel, Inc. MCRL 594793101 5/27/04 1.4 Elect Director George Kelly M For For
Micrel, Inc. MCRL 594793101 5/27/04 1.5 Elect Director Donald Livingstone M For For
Micrel, Inc. MCRL 594793101 5/27/04 2 Ratify Auditors M For For
Medicines Company (The) MDCO 584688105 5/27/04 1.1 Elect Director William W. Crouse M For For
Medicines Company (The) MDCO 584688105 5/27/04 1.2 Elect Director T. Scott Johnson M For For
Medicines Company (The) MDCO 584688105 5/27/04 1.3 Elect Director David M. Stack M For For
Medicines Company (The) MDCO 584688105 5/27/04 2 Ratify Auditors M For For
Medicines Company (The) MDCO 584688105 5/27/04 3 Approve Omnibus Stock Plan M For Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Aspect Communications ASPT 04523Q102 5/27/04 1.1 Elect Director Barry M. Ariko M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.1 Elect Director Barry M. Ariko M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.2 Elect Director Donald P. Casey M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.2 Elect Director Donald P. Casey M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.3 Elect Director Norman A. Fogelsong M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.3 Elect Director Norman A. Fogelsong M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.4 Elect Director John W. Peth M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.5 Elect Director Thomas Weatherford M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.5 Elect Director Thomas Weatherford M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.6 Elect Director David B. Wright M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.6 Elect Director David B. Wright M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.7 Elect Director Gary E. Barnett M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 1.7 Elect Director Gary E. Barnett M For Withhold
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 2 Amend Non-Employee Director Stock M For Against
Corp. Option Plan
Aspect Communications ASPT 04523Q102 5/27/04 2 Amend Non-Employee Director Stock M For Against
Corp. Option Plan
Aspect Communications ASPT 04523Q102 5/27/04 3 Amend Outside Director Stock M For For
Corp. Awards/Options in Lieu of Cash
Aspect Communications ASPT 04523Q102 5/27/04 3 Amend Outside Director Stock M For For
Corp. Awards/Options in Lieu of Cash
Aspect Communications ASPT 04523Q102 5/27/04 4 Ratify Auditors M For For
Corp.
Aspect Communications ASPT 04523Q102 5/27/04 4 Ratify Auditors M For For
Corp.
The Yankee Candle Company, YCC 984757104 6/16/04 1.1 Elect Director Dale F. Frey M For For
Inc.
The Yankee Candle Company, YCC 984757104 6/16/04 1.2 Elect Director Michael F. Hines M For For
Inc.
The Yankee Candle Company, YCC 984757104 6/16/04 1.3 Elect Director Ronald L. Sargent M For For
Inc.
The Yankee Candle Company, YCC 984757104 6/16/04 2 Ratify Auditors M For For
Inc.
Dj Orthopedics, Inc. DJO 23325G104 6/3/04 1.1 Elect Director Jack R. Blair M For For
Dj Orthopedics, Inc. DJO 23325G104 6/3/04 1.2 Elect Director Mitchell J. Blutt, M For For
M.D.
Dj Orthopedics, Inc. DJO 23325G104 6/3/04 2 Ratify Auditors M For For
Inamed Corp. IMDC 453235103 5/27/04 1.1 Elect Director Nicholas L. Teti M For For
Inamed Corp. IMDC 453235103 5/27/04 1.2 Elect Director James E. Bolin M For For
Inamed Corp. IMDC 453235103 5/27/04 1.3 Elect Director Malcolm R. Currie, M For For
Ph.D.
Inamed Corp. IMDC 453235103 5/27/04 1.4 Elect Director John C. Miles II M For For
Inamed Corp. IMDC 453235103 5/27/04 1.5 Elect Director Mitchell S. M For For
Rosenthal, M.D.
Inamed Corp. IMDC 453235103 5/27/04 1.6 Elect Director Joy A. Amundson M For For
Inamed Corp. IMDC 453235103 5/27/04 1.7 Elect Director Terry E. Vandewarker M For For
Inamed Corp. IMDC 453235103 5/27/04 2 Increase Authorized Common Stock M For For
Inamed Corp. IMDC 453235103 5/27/04 3 Approve Stock Option Plan M For For
Inamed Corp. IMDC 453235103 5/27/04 4 Amend Restricted Stock Plan M For For
Inamed Corp. IMDC 453235103 5/27/04 5 Ratify Auditors M For For
Inamed Corp. IMDC 453235103 5/27/04 6 Other Business M For Against
American Financial Realty AFR 02607P305 6/9/04 1.1 Elect Trustee Glenn Blumenthal M For For
Trust
American Financial Realty AFR 02607P305 6/9/04 1.2 Elect Trustee John M. Eggemeyer III M For For
Trust
American Financial Realty AFR 02607P305 6/9/04 1.3 Elect Trustee Raymond Garea M For For
Trust
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
American Financial Realty AFR 02607P305 6/9/04 1.4 Elect Trustee Michael J. Hagan M For For
Trust
American Financial Realty AFR 02607P305 6/9/04 1.5 Elect Trustee John P. Hollihan III M For For
Trust
American Financial Realty AFR 02607P305 6/9/04 1.6 Elect Trustee William M. Kahane M For For
Trust
American Financial Realty AFR 02607P305 6/9/04 1.7 Elect Trustee Richard A. Kraemer M For For
Trust
American Financial Realty AFR 02607P305 6/9/04 1.8 Elect Trustee Lewis S. Ranieri M For For
Trust
American Financial Realty AFR 02607P305 6/9/04 1.9 Elect Trustee Nicholas S. Schorsch M For For
Trust
Bradley Pharmaceuticals, BDY 104576103 6/15/04 1.1 Elect Director Michael Bernstein M For Withhold
Inc.
Bradley Pharmaceuticals, BDY 104576103 6/15/04 1.2 Elect Director Steven Kriegsman M For Withhold
Inc.
Bradley Pharmaceuticals, BDY 104576103 6/15/04 1.3 Elect Director Alan Wolin, Ph.D. M For Withhold
Inc.
Electronics For Imaging, EFII 286082102 6/3/04 1.1 Elect Director Gill Cogan M For For
Inc.
Electronics For Imaging, EFII 286082102 6/3/04 1.2 Elect Director Jean-Louis Gassee M For For
Inc.
Electronics For Imaging, EFII 286082102 6/3/04 1.3 Elect Director Guy Gecht M For For
Inc.
Electronics For Imaging, EFII 286082102 6/3/04 1.4 Elect Director James S. Greene M For For
Inc.
Electronics For Imaging, EFII 286082102 6/3/04 1.5 Elect Director Dan Maydan M For For
Inc.
Electronics For Imaging, EFII 286082102 6/3/04 1.6 Elect Director Fred Rosenzweig M For For
Inc.
Electronics For Imaging, EFII 286082102 6/3/04 1.7 Elect Director Thomas I. Unterberg M For For
Inc.
Electronics For Imaging, EFII 286082102 6/3/04 1.8 Elect Director David Peterschmidt M For For
Inc.
Electronics For Imaging, EFII 286082102 6/3/04 2 Approve Omnibus Stock Plan M For Against
Inc.
SUPERVALU Inc. SVU 868536103 5/26/04 1.1 Elect Director Charles M. Lillis M For For
SUPERVALU Inc. SVU 868536103 5/26/04 1.2 Elect Director Jeffrey Noodle M For For
SUPERVALU Inc. SVU 868536103 5/26/04 1.3 Elect Director Steven S. Rogers M For For
SUPERVALU Inc. SVU 868536103 5/26/04 1.4 Elect Director Ronald E. Daly M For For
SUPERVALU Inc. SVU 868536103 5/26/04 1.5 Elect Director Marissa Peterson M For For
SUPERVALU Inc. SVU 868536103 5/26/04 2 Ratify Auditors M For For
SUPERVALU Inc. SVU 868536103 5/26/04 3 Require Affirmative Vote of the S Against Against
Majority of the Shares to Elect
Directors
Michaels Stores, Inc. MIK 594087108 6/17/04 1.1 Elect Director Charles J. Wyly, Jr. M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 1.2 Elect Director Sam Wyly M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 1.3 Elect Director Richard E. Hanlon M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 1.4 Elect Director Richard C. Marcus M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 1.5 Elect Director Liz Minyard M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 1.6 Elect Director Cece Smith M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 2 Ratify Auditors M For For
Michaels Stores, Inc. MIK 594087108 6/17/04 3 Increase Authorized Common Stock M For For
Movie Gallery, Inc. MOVI 624581104 6/15/04 1.1 Elect Director Joe T. Malugen M For Withhold
Movie Gallery, Inc. MOVI 624581104 6/15/04 1.2 Elect Director H. Harrison Parrish M For Withhold
Movie Gallery, Inc. MOVI 624581104 6/15/04 1.3 Elect Director William B. Snow M For Withhold
Movie Gallery, Inc. MOVI 624581104 6/15/04 1.4 Elect Director John J. Jump M For Withhold
Movie Gallery, Inc. MOVI 624581104 6/15/04 1.5 Elect Director James C. Lockwood M For Withhold
Movie Gallery, Inc. MOVI 624581104 6/15/04 2 Ratify Auditors M For For
Flowserve Corp. FLS 34354P105 6/22/04 1.1 Elect Director Christopher A. M For For
Bartlett
Flowserve Corp. FLS 34354P105 6/22/04 1.2 Elect Director Hugh K. Coble M For For
Flowserve Corp. FLS 34354P105 6/22/04 1.3 Elect Director George T. Haymaker, M For For
Jr.
Flowserve Corp. FLS 34354P105 6/22/04 1.4 Elect Director William C. Rusnack M For For
Flowserve Corp. FLS 34354P105 6/22/04 2 Approve Omnibus Stock Plan M For For
Claire CLE 179584107 6/23/04 1.1 Elect Director Marla L. Schaefer M For Withhold
Claire CLE 179584107 6/23/04 1.2 Elect Director E. Bonnie Schaefer M For Withhold
Claire CLE 179584107 6/23/04 1.3 Elect Director Ira D. Kaplan M For Withhold
Claire CLE 179584107 6/23/04 1.4 Elect Director Bruce G. Miller M For Withhold
Claire CLE 179584107 6/23/04 1.5 Elect Director Steven H. Tishman M For Withhold
Claire CLE 179584107 6/23/04 1.6 Elect Director Todd D. Jick M For Withhold
Claire CLE 179584107 6/23/04 1.7 Elect Director Ann Spector Leiff M For Withhold
Claire CLE 179584107 6/23/04 2 Adopt MacBride Principles S Against Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Flextronics International FLEX Y2573F102 9/30/03 1 Reelect Richard Sharp as Director M For Against
Ltd.
Flextronics International FLEX Y2573F102 9/30/03 2a Reelect James Davidson as Director M For Against
Ltd.
Flextronics International FLEX Y2573F102 9/30/03 2b Reelect Lip-Bu Tan as Director M For Against
Ltd.
Flextronics International FLEX Y2573F102 9/30/03 3 Reelect Patrick Foley as Director M For Against
Ltd.
Flextronics International FLEX Y2573F102 9/30/03 4 Reappoint Deloitte & Touche as M For For
Auditors and Authorize Board to
Fix Their Remuneration
Ltd.
Flextronics International FLEX Y2573F102 9/30/03 5 Amend 1997 Employee Share Purchase M For For
Plan
Ltd.
Flextronics International FLEX Y2573F102 9/30/03 6 Approve Issuance of Shares without M For For
Preemptive Rights
Ltd.
Flextronics International FLEX Y2573F102 9/30/03 7 Approve Nonexecutive Directors' M For For
Fees
Ltd.
Flextronics International FLEX Y2573F102 9/30/03 8 Authorize Share Repurchase Program M For For
Ltd.
BMC Software, Inc. BMC 055921100 8/21/03 1.1 Elect Director B. Garland Cupp M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.2 Elect Director Robert E. Beauchamp M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.3 Elect Director Jon E. Barfield M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.4 Elect Director John W. Barter M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.5 Elect Director Meldon K. Gafner M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.6 Elect Director L.W. Gray M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.7 Elect Director Kathleen A. O'Neil M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.8 Elect Director George F. Raymond M For For
BMC Software, Inc. BMC 055921100 8/21/03 1.9 Elect Director Tom C. Tinsley M For For
BMC Software, Inc. BMC 055921100 8/21/03 2 Ratify Auditors M For For
Computer Associates CA 204912109 8/27/03 1.1 Elect Director Russell M. Artzt M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.2 Elect Director Kenneth Cron M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.3 Elect Director Alfonse M. D'Amato M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.4 Elect Director Gary J. Fernandes M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.5 Elect Director Sanjay Kumar M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.6 Elect Director Robert E. La Blanc M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.7 Elect Director Jay W. Lorsch M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.8 Elect Director Lewis S. Ranieri M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.9 Elect Director Walter P. Schuetze M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 1.10 Elect Director Alex Serge Vieux M For For
International, Inc.
Computer Associates CA 204912109 8/27/03 2 Approve Non-Employee Director M For For
Omnibus Stock Plan
International, Inc.
Computer Associates CA 204912109 8/27/03 3 Ratify Auditors M For For
International, Inc.
H. J. Heinz Co. HNZ 423074103 9/12/03 1.1 Elect Director William R. Johnson M For For
H. J. Heinz Co. HNZ 423074103 9/12/03 1.2 Elect Director Charles E. Bunch M For For
H. J. Heinz Co. HNZ 423074103 9/12/03 1.3 Elect Director Mary C. Choksi M For For
H. J. Heinz Co. HNZ 423074103 9/12/03 1.4 Elect Director Leonard S. Coleman, M For For
Jr.
H. J. Heinz Co. HNZ 423074103 9/12/03 1.5 Elect Director Peter H. Coors M For For
H. J. Heinz Co. HNZ 423074103 9/12/03 1.6 Elect Director Edith E. Holiday M For For
H. J. Heinz Co. HNZ 423074103 9/12/03 1.7 Elect Director Candace Kendle M For For
H. J. Heinz Co. HNZ 423074103 9/12/03 1.8 Elect Director Dean R. O'Hare M For For
H. J. Heinz Co. HNZ 423074103 9/12/03 1.9 Elect Director Lynn C. Swann M For For
H. J. Heinz Co. HNZ 423074103 9/12/03 1.10 Elect Director Thomas J. Usher M For For
H. J. Heinz Co. HNZ 423074103 9/12/03 1.11 Elect Director James M. Zimmerman M For For
H. J. Heinz Co. HNZ 423074103 9/12/03 2 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Sara Lee Corp. SLE 803111103 10/30/03 1.1 Elect Director J.T. Battenberg III M For For
Sara Lee Corp. SLE 803111103 10/30/03 1.2 Elect Director Charles W. Coker M For For
Sara Lee Corp. SLE 803111103 10/30/03 1.3 Elect Director James S. Crown M For For
Sara Lee Corp. SLE 803111103 10/30/03 1.4 Elect Director Willie D. Davis M For For
Sara Lee Corp. SLE 803111103 10/30/03 1.5 Elect Director Vernon E. Jordan, M For For
Jr.
Sara Lee Corp. SLE 803111103 10/30/03 1.6 Elect Director Laurette T. Koellner M For For
Sara Lee Corp. SLE 803111103 10/30/03 1.7 Elect Director Cornelis J.A. Van M For For
Lede
Sara Lee Corp. SLE 803111103 10/30/03 1.8 Elect Director Joan D. Manley M For For
Sara Lee Corp. SLE 803111103 10/30/03 1.9 Elect Director Cary D. McMillan M For For
Sara Lee Corp. SLE 803111103 10/30/03 1.10 Elect Director C. Steven McMillan M For For
Sara Lee Corp. SLE 803111103 10/30/03 1.11 Elect Director Rozanne L. Ridgway M For For
Sara Lee Corp. SLE 803111103 10/30/03 1.12 Elect Director Richard L. Thomas M For For
Sara Lee Corp. SLE 803111103 10/30/03 2 Ratify Auditors M For For
Sara Lee Corp. SLE 803111103 10/30/03 3 Report on Charitable Contributions S Again s t Against
Sara Lee Corp. SLE 803111103 10/30/03 4 Implement and Monitor Code of S Again s t Against
Corporate Conduct - ILO Standards
General Mills, Inc. GIS 370334104 9/22/03 1.1 Elect Director Stephen R. Demeritt M For For
General Mills, Inc. GIS 370334104 9/22/03 1.2 Elect Director Livio D. DeSimone M For For
General Mills, Inc. GIS 370334104 9/22/03 1.3 Elect Director William T. Esrey M For For
General Mills, Inc. GIS 370334104 9/22/03 1.4 Elect Director Raymond V. Gilmartin M For For
General Mills, Inc. GIS 370334104 9/22/03 1.5 Elect Director Judith Richards Hope M For For
General Mills, Inc. GIS 370334104 9/22/03 1.6 Elect Director Robert L. Johnson M For For
General Mills, Inc. GIS 370334104 9/22/03 1.7 Elect Director John M. Keenan M For For
General Mills, Inc. GIS 370334104 9/22/03 1.8 Elect Director Heidi G. Miller M For For
General Mills, Inc. GIS 370334104 9/22/03 1.9 Elect Director Hilda Ochoa- M For For
Brillembourg
General Mills, Inc. GIS 370334104 9/22/03 1.10 Elect Director Stephen W. Sanger M For For
General Mills, Inc. GIS 370334104 9/22/03 1.11 Elect Director A. Michael Spence M For For
General Mills, Inc. GIS 370334104 9/22/03 1.12 Elect Director Dorothy A. Terrell M For For
General Mills, Inc. GIS 370334104 9/22/03 1.13 Elect Director Raymond G. Viault M For For
General Mills, Inc. GIS 370334104 9/22/03 1.14 Elect Director Paul S. Walsh M For For
General Mills, Inc. GIS 370334104 9/22/03 2 Ratify Auditors M For For
General Mills, Inc. GIS 370334104 9/22/03 3 Approve Omnibus Stock Plan M For Against
Darden Restaurants, Inc. DRI 237194105 9/25/03 1.1 Elect Director Leonard L. Berry M For For
Darden Restaurants, Inc. DRI 237194105 9/25/03 1.2 Elect Director Odie C. Donald M For For
Darden Restaurants, Inc. DRI 237194105 9/25/03 1.3 Elect Director David H. Hughes M For For
Darden Restaurants, Inc. DRI 237194105 9/25/03 1.4 Elect Director Joe R. Lee M For For
Darden Restaurants, Inc. DRI 237194105 9/25/03 1.5 Elect Director Senator Connie M For For
Mack, III
Darden Restaurants, Inc. DRI 237194105 9/25/03 1.6 Elect Director Richard E. Rivera M For For
Darden Restaurants, Inc. DRI 237194105 9/25/03 1.7 Elect Director Michael D. Rose M For For
Darden Restaurants, Inc. DRI 237194105 9/25/03 1.8 Elect Director Maria A. Sastre M For For
Darden Restaurants, Inc. DRI 237194105 9/25/03 1.9 Elect Director Jack A. Smith M For For
Darden Restaurants, Inc. DRI 237194105 9/25/03 1.10 Elect Director Blaine Sweatt, III M For For
Darden Restaurants, Inc. DRI 237194105 9/25/03 1.11 Elect Director Rita P. Wilson M For For
Darden Restaurants, Inc. DRI 237194105 9/25/03 2 Ratify Auditors M For For
King Pharmaceuticals Inc. KG 495582108 11/4/03 1.1 Elect Director Earnest W. M For For
Deavenport, Jr. as Class II
Director
King Pharmaceuticals Inc. KG 495582108 11/4/03 1.2 Elect Director Elizabeth M. M For For
Greetham as Class II Director
King Pharmaceuticals Inc. KG 495582108 11/4/03 1.3 Elect Director James R. Lattanzi as M For For
Class III Director
King Pharmaceuticals Inc. KG 495582108 11/4/03 1.4 Elect Director Philip M. Pfeffer as M For For
Class II Director
King Pharmaceuticals Inc. KG 495582108 11/4/03 1.5 Elect Director Ted G. Wood as Class M For For
I Director
King Pharmaceuticals Inc. KG 495582108 11/4/03 2 Ratify Auditors M For For
Apache Corp. APA 037411105 12/18/03 1 Increase Authorized Common Stock M For For
Boise Cascade Corp. BCC 097383103 12/9/03 1 Approve Merger Agreement M For For
Boise Cascade Corp. BCC 097383103 12/9/03 2 Approve Omnibus Stock Plan M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.1 Elect Director L.T. Babbio, Jr. M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.1 Elect Director L.T. Babbio, Jr. M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.2 Elect Director P.C. Dunn M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.2 Elect Director P.C. Dunn M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.3 Elect Director C.S. Fiorina M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.3 Elect Director C.S. Fiorina M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.4 Elect Director R.A. Hackborn M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.4 Elect Director R.A. Hackborn M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.5 Elect Director G.A. Keyworth II M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.5 Elect Director G.A. Keyworth II M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.6 Elect Director R.E. Knowling, Jr. M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.6 Elect Director R.E. Knowling, Jr. M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.7 Elect Director S.M. Litvack M For Withhold
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.7 Elect Director S.M. Litvack M For Withhold
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.8 Elect Director R.L. Ryan M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.8 Elect Director R.L. Ryan M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.9 Elect Director L.S. Salhany M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 1.9 Elect Director L.S. Salhany M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 2 Ratify Auditors M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 2 Ratify Auditors M For For
Hewlett-Packard Co. HPQ 428236103 3/17/04 3 Approve Omnibus Stock Plan M For Against
Hewlett-Packard Co. HPQ 428236103 3/17/04 3 Approve Omnibus Stock Plan M For Against
Hewlett-Packard Co. HPQ 428236103 3/17/04 4 Expense Stock Options S Against Against
Hewlett-Packard Co. HPQ 428236103 3/17/04 4 Expense Stock Options S Against Against
The Walt Disney Company DIS 254687106 3/3/04 1.1 Elect Director John E. Bryson M For For
The Walt Disney Company DIS 254687106 3/3/04 1.2 Elect Director John S. Chen M For For
The Walt Disney Company DIS 254687106 3/3/04 1.3 Elect Director Michael D. Eisner M For Withhold
The Walt Disney Company DIS 254687106 3/3/04 1.4 Elect Director Judith L. Estrin M For For
The Walt Disney Company DIS 254687106 3/3/04 1.5 Elect Director Robert A. Iger M For For
The Walt Disney Company DIS 254687106 3/3/04 1.6 Elect Director Aylwin B. Lewis M For For
The Walt Disney Company DIS 254687106 3/3/04 1.7 Elect Director Monica C. Lozano M For For
The Walt Disney Company DIS 254687106 3/3/04 1.8 Elect Director Robert W. M For For
Matschullat
The Walt Disney Company DIS 254687106 3/3/04 1.9 Elect Director George J. Mitchell M For For
The Walt Disney Company DIS 254687106 3/3/04 1.10 Elect Director Leo J. O'Donovan, M For For
S.J.
The Walt Disney Company DIS 254687106 3/3/04 1.11 Elect Director Gary L. Wilson M For For
The Walt Disney Company DIS 254687106 3/3/04 2 Ratify Auditors M For For
The Walt Disney Company DIS 254687106 3/3/04 3 China Principles S Against Against
The Walt Disney Company DIS 254687106 3/3/04 4 Report on Supplier Labor Standards S Against Against
in China
The Walt Disney Company DIS 254687106 3/3/04 5 Report on Amusement Park Safety S Against Against
Tyco International Ltd. TYC 902124106 3/25/04 1.1 Elect Director Dennis C. Blair M For For
Tyco International Ltd. TYC 902124106 3/25/04 1.2 Elect Director Edward D. Breen M For For
Tyco International Ltd. TYC 902124106 3/25/04 1.3 Elect Director George W. Buckley M For For
Tyco International Ltd. TYC 902124106 3/25/04 1.4 Elect Director Brian Duperreault M For For
Tyco International Ltd. TYC 902124106 3/25/04 1.5 Elect Director Bruce S. Gordon M For For
Tyco International Ltd. TYC 902124106 3/25/04 1.6 Elect Director John A. Krol M For For
Tyco International Ltd. TYC 902124106 3/25/04 1.7 Elect Director Mackey J. Mcdonald M For For
Tyco International Ltd. TYC 902124106 3/25/04 1.8 Elect Director H. Carl Mccall M For Withhold
Tyco International Ltd. TYC 902124106 3/25/04 1.9 Elect Director Brendan R. O'Neill M For For
Tyco International Ltd. TYC 902124106 3/25/04 1.10 Elect Director Sandra S. Wijnberg M For Withhold
Tyco International Ltd. TYC 902124106 3/25/04 1.11 Elect Director Jerome B. York M For For
Tyco International Ltd. TYC 902124106 3/25/04 2 Ratify Auditors M For For
Tyco International Ltd. TYC 902124106 3/25/04 3 ADOPTION OF THE AMENDED AND M For For
RESTATED BYE-LAWS.
Tyco International Ltd. TYC 902124106 3/25/04 4 APPROVAL OF TYCO 2004 STOCK AND M For For
INCENTIVE PLAN.
Tyco International Ltd. TYC 902124106 3/25/04 5 SHAREHOLDER PROPOSAL REGARDING M For For
ENVIRONMENTAL REPORTING.
Tyco International Ltd. TYC 902124106 3/25/04 6 SHAREHOLDER PROPOSAL TO CHANGE S Against Against
TYCO S JURISDICTION OF
INCORPORATION FROM BERMUDA TO A
U.S. STATE.
Tyco International Ltd. TYC 902124106 3/25/04 7 SHAREHOLDER PROPOSAL ON COMMON S Against Against
SENSE EXECUTIVE COMPENSATION.
Bank of America Corp. BAC 060505104 3/17/04 1 Approve Merger Agreement M For For
Bank of America Corp. BAC 060505104 3/17/04 2 Amend Omnibus Stock Plan M For For
Bank of America Corp. BAC 060505104 3/17/04 3 Increase Authorized Common Stock M For For
Bank of America Corp. BAC 060505104 3/17/04 4 Adjourn Meeting M For For
Canadian National CNR 136375102 4/22/04 1.1 Elect Director Michael R. Armellino M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.2 Elect Director A. Charles Baillie M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.3 Elect Director Hugh J. Bolton M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.4 Elect Director Purdy Crawford M For For
Railway Co.
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Canadian National CNR 136375102 4/22/04 1.5 Elect Director J.V. Raymond Cyr M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.6 Elect Director Gordon D. Giffin M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.7 Elect Director James K. Gray M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.8 Elect Director E. Hunter Harrison M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.9 Elect Director Edith E. Holiday M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.10 Elect Director V.M. Kempston Darkes M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.11 Elect Director Gilbert H. Lamphere M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.12 Elect Director Denis Losier M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.13 Elect Director Edward C. Lumley M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.14 Elect Director David G.A. Mclean M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 1.15 Elect Director Robert Pace M For For
Railway Co.
Canadian National CNR 136375102 4/22/04 2 Ratify Auditors M For For
Railway Co.
Travelers Property NULL 89420G406 3/19/04 1 Approve Merger Agreement M For For
Casualty Corp.
Freddie Mac FRE 313400301 3/31/04 1.1 Elect Director Joan E. Donoghue M For For
Freddie Mac FRE 313400301 3/31/04 1.2 Elect Director Michelle Engler M For For
Freddie Mac FRE 313400301 3/31/04 1.3 Elect Director Richard Karl Goeltz M For For
Freddie Mac FRE 313400301 3/31/04 1.4 Elect Director George D. Gould M For For
Freddie Mac FRE 313400301 3/31/04 1.5 Elect Director Henry Kaufman M For For
Freddie Mac FRE 313400301 3/31/04 1.6 Elect Director John B. Mccoy M For For
Freddie Mac FRE 313400301 3/31/04 1.7 Elect Director Shaun F. O'Malley M For For
Freddie Mac FRE 313400301 3/31/04 1.8 Elect Director Ronald F. Poe M For For
Freddie Mac FRE 313400301 3/31/04 1.9 Elect Director Stephen A. Ross M For For
Freddie Mac FRE 313400301 3/31/04 1.10 Elect Director Donald J. Schuenke M For For
Freddie Mac FRE 313400301 3/31/04 1.11 Elect Director Christina Seix M For For
Freddie Mac FRE 313400301 3/31/04 1.12 Elect Director Richard F. Syron M For For
Freddie Mac FRE 313400301 3/31/04 1.13 Elect Director William J. Turner M For For
Freddie Mac FRE 313400301 3/31/04 2 Ratify Auditors M For For
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 1.1 Elect Director Lord Browne M For For
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 1.2 Elect Director Dr B E Grote M For For
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 1.3 Elect Director Mr H M P Miles M For For
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 1.4 Elect Director Sir Robin Nicholson M For For
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 1.5 Elect Director Mr R L Olver M For For
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 1.6 Elect Director Sir Ian Prosser M For For
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 2 TO ELECT MR A BURGMANS AS A M For For
DIRECTOR
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 3 Ratify Auditors M For For
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 4 TO AMEND THE ARTICLES OF M For For
ASSOCIATION OF THE COMPANY
Plc)
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 5 TO GIVE AUTHORITY TO ALLOT SHARES M For For
UP TO A SPECIFIED AMOUNT
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 6 SPECIAL RESOLUTION: TO GIVE M For For
AUTHORITY TO ALLOT A LIMITED NUMBER
OF SHARES FOR CASH WITHOUT MAKING
AN OFFER TO SHAREHOLDERS
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 7 SPECIAL RESOLUTION: TO GIVE LIMITED M For For
AUTHORITY FOR THE PURCHASE OF ITS
OWN SHARES BY THE COMPANY
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 8 TO AUTHORISE THE USE OF TREASURY M For For
SHARES FOR EMPLOYEE SHARE SCHEMES
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 9 TO APPROVE THE DIRECTORS M For For
REMUNERATION REPORT
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 10 TO DETERMINE THE LIMIT FOR THE M For For
AGGREGATE REMUNERATION OF THE NON-
EXECUTIVE DIRECTORS
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 11 TO RECEIVE THE DIRECTORS ANNUAL M For For
REPORT AND THE ACCOUNTS
Plc)
BP PLC (Form. Bp Amoco NULL 055622104 4/15/04 12 SPECIAL SHAREHOLDER RESOLUTION: TO S Against Against
INSTRUCT THE COMPANY TO PREPARE A
REPORT MAKING CERTAIN DISCLOSURES
ON MATTERS OF CONTROL AND RISK IN
PROTECTED AND SENSITIVE AREAS
Plc)
U.S. Bancorp USB 902973304 4/20/04 1.1 Elect Director Victoria Buyniski M For For
Gluckman
U.S. Bancorp USB 902973304 4/20/04 1.2 Elect Director Arthur D. Collins, M For For
Jr.
U.S. Bancorp USB 902973304 4/20/04 1.3 Elect Director Jerry W. Levin M For For
U.S. Bancorp USB 902973304 4/20/04 1.4 Elect Director Thomas E. Petry M For For
U.S. Bancorp USB 902973304 4/20/04 1.5 Elect Director Richard G. Reiten M For Withhold
U.S. Bancorp USB 902973304 4/20/04 2 Ratify Auditors M For For
U.S. Bancorp USB 902973304 4/20/04 3 Limit Executive Compensation S Against Against
U.S. Bancorp USB 902973304 4/20/04 4 Submit Executive Compensation to
Vote S Against Against
U.S. Bancorp USB 902973304 4/20/04 5 Amend Vote Requirements to Amend
Articles/Bylaws/Charter S Against For
SunTrust Banks, Inc. STI 867914103 4/20/04 1.1 Elect Director J. Hicks Lanier M For For
SunTrust Banks, Inc. STI 867914103 4/20/04 1.2 Elect Director Larry L. Prince M For For
SunTrust Banks, Inc. STI 867914103 4/20/04 1.3 Elect Director Frank S. Royal, M.D. M For For
SunTrust Banks, Inc. STI 867914103 4/20/04 1.4 Elect Director Robert M. Beall, II M For For
SunTrust Banks, Inc. STI 867914103 4/20/04 1.5 Elect Director Jeffrey C. Crowe M For For
SunTrust Banks, Inc. STI 867914103 4/20/04 2 Ratify Auditors M For For
SunTrust Banks, Inc. STI 867914103 4/20/04 3 Approve Omnibus Stock Plan M For For
SouthTrust Corp. SOTR 844730101 4/21/04 1.1 Elect Director Carl F. Bailey M For For
SouthTrust Corp. SOTR 844730101 4/21/04 1.2 Elect Director John M. Bradford M For For
SouthTrust Corp. SOTR 844730101 4/21/04 1.3 Elect Director William C. Hulsey M For For
SouthTrust Corp. SOTR 844730101 4/21/04 1.4 Elect Director Wallace D. Malone, M For For
Jr.
SouthTrust Corp. SOTR 844730101 4/21/04 2 Ratify Auditors M For For
SouthTrust Corp. SOTR 844730101 4/21/04 3 Approve Executive Incentive Bonus M For For
Plan
SouthTrust Corp. SOTR 844730101 4/21/04 4 Approve Omnibus Stock Plan M For For
PPG Industries, Inc. PPG 693506107 4/15/04 1.1 Elect Director James G. Berges M For For
PPG Industries, Inc. PPG 693506107 4/15/04 1.2 Elect Director Erroll B. Davis, Jr. M For For
PPG Industries, Inc. PPG 693506107 4/15/04 1.3 Elect Director Victoria F. Haynes M For For
PPG Industries, Inc. PPG 693506107 4/15/04 1.4 Elect Director Allen J. Krowe M For For
PPG Industries, Inc. PPG 693506107 4/15/04 2 Ratify Auditors M For For
Merrill Lynch & Co., Inc. MER 590188108 4/23/04 1.1 Elect Director David K. Newbigging M For For
Merrill Lynch & Co., Inc. MER 590188108 4/23/04 1.2 Elect Director Joseph W. Prueher M For For
Merrill Lynch & Co., Inc. MER 590188108 4/23/04 2 Ratify Auditors M For For
Merrill Lynch & Co., Inc. MER 590188108 4/23/04 3 Restore or Provide for Cumulative S Against Against
Voting
Merrill Lynch & Co., Inc. MER 590188108 4/23/04 4 Separate Chairman and CEO Positions S Against Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Sonoco Products Co. SON 835495102 4/21/04 1.1 Elect Director F.L.H. Coker M For For
Sonoco Products Co. SON 835495102 4/21/04 1.2 Elect Director C.C. Fort M For For
Sonoco Products Co. SON 835495102 4/21/04 1.3 Elect Director B.L.M. Kasriel M For For
Sonoco Products Co. SON 835495102 4/21/04 1.4 Elect Director J.H. Mullin, III M For For
Sonoco Products Co. SON 835495102 4/21/04 1.5 Elect Director T.E. Whiddon M For For
Sonoco Products Co. SON 835495102 4/21/04 1.6 Elect Director J.M. Micali M For For
Sonoco Products Co. SON 835495102 4/21/04 2 Seek Sale of Company/Assets S Against Against
Johnson & Johnson JNJ 478160104 4/22/04 1.1 Elect Director Gerard N. Burrow M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.2 Elect Director Mary S. Coleman M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.3 Elect Director James G. Cullen M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.4 Elect Director Robert J. Darretta M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.5 Elect Director M. Judah Folkman M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.6 Elect Director Ann D. Jordan M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.7 Elect Director Arnold G. Langbo M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.8 Elect Director Susan L. Lindquist M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.9 Elect Director Leo F. Mullin M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.10 Elect Director Steven S Reinemund M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.11 Elect Director David Satcher M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.12 Elect Director Henry B. Schacht M For For
Johnson & Johnson JNJ 478160104 4/22/04 1.13 Elect Director William C. Weldon M For For
Johnson & Johnson JNJ 478160104 4/22/04 2 Ratify Auditors M For For
Johnson & Johnson JNJ 478160104 4/22/04 3 Cease Charitable Contributions S Against Against
International Business IBM 459200101 4/27/04 1.1 Elect Director Cathleen Black M For For
Machines Corp.
International Business IBM 459200101 4/27/04 1.2 Elect Director Kenneth I. Chenault M For For
Machines Corp.
International Business IBM 459200101 4/27/04 1.3 Elect Director Carlos Ghosn M For For
Machines Corp.
International Business IBM 459200101 4/27/04 1.4 Elect Director Nannerl O. Keohane M For For
Machines Corp.
International Business IBM 459200101 4/27/04 1.5 Elect Director Charles F. Knight M For For
Machines Corp.
International Business IBM 459200101 4/27/04 1.6 Elect Director Lucio A. Noto M For For
Machines Corp.
International Business IBM 459200101 4/27/04 1.7 Elect Director Samuel J. Palmisano M For For
Machines Corp.
International Business IBM 459200101 4/27/04 1.8 Elect Director John B. Slaughter M For For
Machines Corp.
International Business IBM 459200101 4/27/04 1.9 Elect Director Joan E. Spero M For For
Machines Corp.
International Business IBM 459200101 4/27/04 1.10 Elect Director Sidney Taurel M For For
Machines Corp.
International Business IBM 459200101 4/27/04 1.11 Elect Director Charles M. Vest M For For
Machines Corp.
International Business IBM 459200101 4/27/04 1.12 Elect Director Lorenzo H. Zambrano M For For
Machines Corp.
International Business IBM 459200101 4/27/04 2 Ratify Auditors M For For
Machines Corp.
International Business IBM 459200101 4/27/04 3 Ratify Auditors for the Company's M For For
Business Consulting Services Unit
Machines Corp.
International Business IBM 459200101 4/27/04 4 Approve Executive Incentive Bonus M For For
Plan
Machines Corp.
International Business IBM 459200101 4/27/04 5 Provide for Cumulative Voting S Against Against
Machines Corp.
International Business IBM 459200101 4/27/04 6 Amend Pension and Retirement S Against Against
Medical Insurance Plans
Machines Corp.
International Business IBM 459200101 4/27/04 7 Submit Executive Compensation to S Against Against
Vote
Machines Corp.
International Business IBM 459200101 4/27/04 8 Expense Stock Options A A ggainst A gainst
Machines Corp.
International Business IBM 459200101 4/27/04 9 Limit Awards to Executives S Against Against
Machines Corp.
International Business IBM 459200101 4/27/04 10 China Principles S Against Against
Machines Corp.
International Business IBM 459200101 4/27/04 11 Report on Political Contributions/ S Against Against
Activities
Machines Corp.
International Business IBM 459200101 4/27/04 12 Report on Executive Compensation S Against Against
Machines Corp.
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Bellsouth Corp. BLS 079860102 4/26/04 1.1 Elect Director James H. Blanchard M For For
Bellsouth Corp. BLS 079860102 4/26/04 1.2 Elect Director Armando M. Codina M For For
Bellsouth Corp. BLS 079860102 4/26/04 1.3 Elect Director Leo F. Mullin M For For
Bellsouth Corp. BLS 079860102 4/26/04 2 Ratify Auditors M For For
Bellsouth Corp. BLS 079860102 4/26/04 3 Declassify the Board of Directors M For For
Bellsouth Corp. BLS 079860102 4/26/04 4 Approve Omnibus Stock Plan M For For
Bellsouth Corp. BLS 079860102 4/26/04 5 Limit Executive Compensation S Against Against
Bellsouth Corp. BLS 079860102 4/26/04 6 Limit Executive Compensation S Against Against
Bellsouth Corp. BLS 079860102 4/26/04 7 Report on Political Contributions/ S Against Against
Activities
Pfizer Inc. PFE 717081103 4/22/04 1.1 Elect Director Michael S. Brown M For For
Pfizer Inc. PFE 717081103 4/22/04 1.2 Elect Director M. Anthony Burns M For For
Pfizer Inc. PFE 717081103 4/22/04 1.3 Elect Director Robert N. Burt M For For
Pfizer Inc. PFE 717081103 4/22/04 1.4 Elect Director W. Don Cornwell M For For
Pfizer Inc. PFE 717081103 4/22/04 1.5 Elect Director William H. Gray III M For For
Pfizer Inc. PFE 717081103 4/22/04 1.6 Elect Director Constance J. Horner M For For
Pfizer Inc. PFE 717081103 4/22/04 1.7 Elect Director William R. Howell M For For
Pfizer Inc. PFE 717081103 4/22/04 1.8 Elect Director Stanley O. Ikenberry M For For
Pfizer Inc. PFE 717081103 4/22/04 1.9 Elect Director George A. Lorch M For For
Pfizer Inc. PFE 717081103 4/22/04 1.10 Elect Director Henry A. Mckinnell M For For
Pfizer Inc. PFE 717081103 4/22/04 1.11 Elect Director Dana G. Mead M For For
Pfizer Inc. PFE 717081103 4/22/04 1.12 Elect Director Franklin D. Raines M For For
Pfizer Inc. PFE 717081103 4/22/04 1.13 Elect Director Ruth J. Simmons M For For
Pfizer Inc. PFE 717081103 4/22/04 1.14 Elect Director William C. Steere, M For For
Jr.
Pfizer Inc. PFE 717081103 4/22/04 1.15 Elect Director Jean-Paul Valles M For For
Pfizer Inc. PFE 717081103 4/22/04 2 Ratify Auditors M For For
Pfizer Inc. PFE 717081103 4/22/04 3 Approve Omnibus Stock Plan M For For
Pfizer Inc. PFE 717081103 4/22/04 4 Report on Operational Impact of S Against Against
HIV/AIDS, TB, and Malaria Pandemic
Pfizer Inc. PFE 717081103 4/22/04 5 Cease Political Contributions/ S Against Against
Activities
Pfizer Inc. PFE 717081103 4/22/04 6 Report on Political Contributions/ S Against Against
Activities
Pfizer Inc. PFE 717081103 4/22/04 7 Establish Term Limits for Directors S Against Against
Pfizer Inc. PFE 717081103 4/22/04 8 Report on Drug Pricing S Against Against
Pfizer Inc. PFE 717081103 4/22/04 9 Limit Awards to Executives S Against Against
Pfizer Inc. PFE 717081103 4/22/04 10 Amend Animal Testing Policy S Against Against
M & T Bank Corp. MTB 55261F104 4/20/04 1.1 Elect Director William F. Allyn M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.2 Elect Director Brent D. Baird M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.3 Elect Director Robert J. Bennett M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.4 Elect Director C. Angela Bontempo M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.5 Elect Director Robert T. Brady M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.6 Elect Director Emerson L. Brumback M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.7 Elect Director Michael D. Buckley M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.8 Elect Director Patrick J. Callan M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.9 Elect Director R. Carlos Carballada M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.10 Elect Director T. Jefferson M For Withhold
Cunningham III
M & T Bank Corp. MTB 55261F104 4/20/04 1.11 Elect Director Donald Devorris M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.12 Elect Director Richard E. Garman M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.13 Elect Director James V. Glynn M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.14 Elect Director Derek C. Hathaway M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.15 Elect Director Daniel R. Hawbaker M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.16 Elect Director Patrick W.E. Hodgson M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.17 Elect Director Gary Kennedy M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.18 Elect Director Richard G. King M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.19 Elect Director Reginald B. Newman, M For Withhold
II
M & T Bank Corp. MTB 55261F104 4/20/04 1.20 Elect Director Jorge G. Pereira M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.21 Elect Director Michael P. Pinto M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.22 Elect Director Robert E. Sadler, Jr.M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.23 Elect Director Eugene J. Sheehy M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.24 Elect Director Stephen G. Sheetz M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 1.25 Elect Director Herbert L. M For Withhold
Washington
M & T Bank Corp. MTB 55261F104 4/20/04 1.26 Elect Director Robert G. Wilmers M For Withhold
M & T Bank Corp. MTB 55261F104 4/20/04 2 Ratify Auditors M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 1.1 Elect Director John R. Alm M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 1.2 Elect Director J. Trevor Eyton M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 1.3 Elect Director Gary P. Fayard M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 1.4 Elect Director L. Phillip Humann M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 1.5 Elect Director Paula G. Rosput M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 2 Approve Executive Incentive Bonus M For For
Plan
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 3 Approve Omnibus Stock Plan M For Against
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 4 Amend Deferred Compensation Plan M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 5 Approve Employee Stock Purchase M For For
Plan
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 6 Approve Employee Stock Purchase M For For
Plan
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 7 Ratify Auditors M For For
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 8 Submit Severance Agreement (Change- S Against For
in-Control) to Shareholder Vote
Coca-Cola Enterprises Inc. CCE 191219104 4/30/04 9 Report on Recycling Policy S Against Against
Abbott Laboratories ABT 002824100 4/23/04 1.1 Elect Director Roxanne S. Austin M For For
Abbott Laboratories ABT 002824100 4/23/04 1.2 Elect Director H.Laurance Fuller M For For
Abbott Laboratories ABT 002824100 4/23/04 1.3 Elect Director Richard A. Gonzalez M For For
Abbott Laboratories ABT 002824100 4/23/04 1.4 Elect Director Jack M. Greenberg M For For
Abbott Laboratories ABT 002824100 4/23/04 1.5 Elect Director Jeffrey M. Leiden M For For
Abbott Laboratories ABT 002824100 4/23/04 1.6 Elect Director David A. Lord Owen M For For
Abbott Laboratories ABT 002824100 4/23/04 1.7 Elect Director Boone Powell Jr. M For For
Abbott Laboratories ABT 002824100 4/23/04 1.8 Elect Director Addison Barry Rand M For For
Abbott Laboratories ABT 002824100 4/23/04 1.9 Elect Director W.Ann Reynolds M For For
Abbott Laboratories ABT 002824100 4/23/04 1.10 Elect Director Roy S. Roberts M For For
Abbott Laboratories ABT 002824100 4/23/04 1.11 Elect Director William D. Smithburg M For For
Abbott Laboratories ABT 002824100 4/23/04 1.12 Elect Director John R. Walter M For For
Abbott Laboratories ABT 002824100 4/23/04 1.13 Elect Director Miles D. White M For For
Abbott Laboratories ABT 002824100 4/23/04 2 Ratify Auditors M For For
Abbott Laboratories ABT 002824100 4/23/04 3 Drug Pricing S Against Against
Abbott Laboratories ABT 002824100 4/23/04 4 Report on Political Contributions/ S Against Against
Activities
Abbott Laboratories ABT 002824100 4/23/04 5 Prohibit Awards to Executives S Against Against
Abbott Laboratories ABT 002824100 4/23/04 6 Report on Operational Imact of HIV/ S Against Against
AIDS, TB, and Malaria Pandemic
Dover Corp. DOV 260003108 4/20/04 1.1 Elect Director David H. Benson M For For
Dover Corp. DOV 260003108 4/20/04 1.2 Elect Director Jean-Pierre M. Ergas M For For
Dover Corp. DOV 260003108 4/20/04 1.3 Elect Director Kristiane C. Graham M For For
Dover Corp. DOV 260003108 4/20/04 1.4 Elect Director Ronald L. Hoffman M For For
Dover Corp. DOV 260003108 4/20/04 1.5 Elect Director James L. Koley M For For
Dover Corp. DOV 260003108 4/20/04 1.6 Elect Director Richard K. Lochridge M For For
Dover Corp. DOV 260003108 4/20/04 1.7 Elect Director Thomas L. Reece M For For
Dover Corp. DOV 260003108 4/20/04 1.8 Elect Director Bernard G. Rethore M For For
Dover Corp. DOV 260003108 4/20/04 1.9 Elect Director Gary L. Roubos M For For
Dover Corp. DOV 260003108 4/20/04 1.10 Elect Director Michael B. Stubbs M For For
Dover Corp. DOV 260003108 4/20/04 2 Approve Omnibus Stock Plan M For For
Dover Corp. DOV 260003108 4/20/04 3 Other Business M For Against
Boise Cascade Corp. BCC 097383103 4/15/04 1.1 Elect Director Claire S. Farley M For For
Boise Cascade Corp. BCC 097383103 4/15/04 1.2 Elect Director Rakesh Gangwal M For For
Boise Cascade Corp. BCC 097383103 4/15/04 1.3 Elect Director Gary G. Michael M For For
Boise Cascade Corp. BCC 097383103 4/15/04 1.4 Elect Director A. William Reynolds M For For
Boise Cascade Corp. BCC 097383103 4/15/04 2 Ratify Auditors M For For
Boise Cascade Corp. BCC 097383103 4/15/04 3 Separate Chairman and CEO Positions S Against Against
Morgan Stanley MWD 617446448 4/20/04 1.1 Elect Director John W. Madigan M For For
Morgan Stanley MWD 617446448 4/20/04 1.2 Elect Director Dr. Klaus Zumwinkel M For For
Morgan Stanley MWD 617446448 4/20/04 1.3 Elect Director Sir Howard Davies M For For
Morgan Stanley MWD 617446448 4/20/04 2 Ratify Auditors M For For
Morgan Stanley MWD 617446448 4/20/04 3 Declassify the Board of Directors S Against For
Morgan Stanley MWD 617446448 4/20/04 4 Submit Severance Agreement S Against Against
(Change-in-Control) to Shareholder
Vote
Morgan Stanley MWD 617446448 4/20/04 5 Report on Political Contributions/ S Against Against
Activities
Exelon Corp. EXC 30161N101 4/27/04 1.1 Elect Director Nicholas M For For
DeBenedictis
Exelon Corp. EXC 30161N101 4/27/04 1.2 Elect Director G. Fred Dibona, Jr. M For For
Exelon Corp. EXC 30161N101 4/27/04 1.3 Elect Director Sue L. Gin M For For
Exelon Corp. EXC 30161N101 4/27/04 1.4 Elect Director Edgar D. Jannotta M For For
Exelon Corp. EXC 30161N101 4/27/04 2 Ratify Auditors M For For
Exelon Corp. EXC 30161N101 4/27/04 3 Approve Executive Incentive Bonus M For For
Plan
SBC Communications Inc. SBC 78387G103 4/30/04 1.1 Elect Director James E. Barnes M For For
SBC Communications Inc. SBC 78387G103 4/30/04 1.2 Elect Director James A. Henderson M For For
SBC Communications Inc. SBC 78387G103 4/30/04 1.3 Elect Director John B. McCoy M For For
SBC Communications Inc. SBC 78387G103 4/30/04 1.4 Elect Director S. Donley Ritchey M For For
SBC Communications Inc. SBC 78387G103 4/30/04 1.5 Elect Director Joyce M. Roche M For For
SBC Communications Inc. SBC 78387G103 4/30/04 1.6 Elect Director Patricia P. Upton M For For
SBC Communications Inc. SBC 78387G103 4/30/04 2 Ratify Auditors M For For
SBC Communications Inc. SBC 78387G103 4/30/04 3 Amend Bylaws M For For
SBC Communications Inc. SBC 78387G103 4/30/04 4 Report on Political Contributions/ S Against Against
Activities
SBC Communications Inc. SBC 78387G103 4/30/04 5 Change Size of Board of Directors S Against Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Citigroup Inc. C 172967101 4/20/04 1.1 Elect Director C. Michael Armstrong M For For
Citigroup Inc. C 172967101 4/20/04 1.2 Elect Director Alain J.P. Belda M For For
Citigroup Inc. C 172967101 4/20/04 1.3 Elect Director George David M For For
Citigroup Inc. C 172967101 4/20/04 1.4 Elect Director Kenneth T. Derr M For For
Citigroup Inc. C 172967101 4/20/04 1.5 Elect Director John M. Deutch M For For
Citigroup Inc. C 172967101 4/20/04 1.6 Elect Director Roberto Hernandez
Ramirez M For For
Citigroup Inc. C 172967101 4/20/04 1.7 Elect Director Ann Dibble Jordan M For For
Citigroup Inc. C 172967101 4/20/04 1.8 Elect Director Dudley C. Mecum M For For
Citigroup Inc. C 172967101 4/20/04 1.9 Elect Director Richard D. Parsons M For For
Citigroup Inc. C 172967101 4/20/04 1.10 Elect Director Andrall E. Pearson M For For
Citigroup Inc. C 172967101 4/20/04 1.11 Elect Director Charles Prince M For For
Citigroup Inc. C 172967101 4/20/04 1.12 Elect Director Robert E. Rubin M For For
Citigroup Inc. C 172967101 4/20/04 1.13 Elect Director Franklin A. Thomas M For For
Citigroup Inc. C 172967101 4/20/04 1.14 Elect Director Sanford I. Weill M For For
Citigroup Inc. C 172967101 4/20/04 1.15 Elect Director Robert B. Willumstad M For For
Citigroup Inc. C 172967101 4/20/04 2 Ratify Auditors M For For
Citigroup Inc. C 172967101 4/20/04 3 Limit Executive Compensation S Against Against
Citigroup Inc. C 172967101 4/20/04 4 Report on Political Contributions/ S Against Against
Activities
Citigroup Inc. C 172967101 4/20/04 5 Prohibit Awards to Executives S Against Against
Citigroup Inc. C 172967101 4/20/04 6 Separate Chairman and CEO Positions S Against Against
Wachovia Corp. WB 929903102 4/20/04 1.1 Elect Director James S. Balloun M For For
Wachovia Corp. WB 929903102 4/20/04 1.2 Elect Director John T. Casteen, III M For For
Wachovia Corp. WB 929903102 4/20/04 1.3 Elect Director Joseph Neubauer M For For
Wachovia Corp. WB 929903102 4/20/04 1.4 Elect Director Lanty L. Smith M For For
Wachovia Corp. WB 929903102 4/20/04 1.5 Elect Director Dona Davis Young M For For
Wachovia Corp. WB 929903102 4/20/04 2 Ratify Auditors M For For
Wachovia Corp. WB 929903102 4/20/04 3 Require Two Candidates for Each S Against Against
Board Seat
Wachovia Corp. WB 929903102 4/20/04 4 Report on Political Contributions/ S Against Against
Activities
Wachovia Corp. WB 929903102 4/20/04 5 Separate Chairman and CEO Positions S Against Against
Honeywell International, HON 438516106 4/26/04 1.1 Elect Director James J. Howard M For For
Inc.
Honeywell International, HON 438516106 4/26/04 1.2 Elect Director Bruce Karatz M For For
Inc.
Honeywell International, HON 438516106 4/26/04 1.3 Elect Director Russell E. Palmer M For For
Inc.
Honeywell International, HON 438516106 4/26/04 1.4 Elect Director Ivan G. Seidenberg M For For
Inc.
Honeywell International, HON 438516106 4/26/04 1.5 Elect Director Eric K. Shinseki M For For
Inc.
Honeywell International, HON 438516106 4/26/04 2 Ratify Auditors M For For
Inc.
Honeywell International, HON 438516106 4/26/04 3 Declassify the Board of Directors S Against For
Inc.
Honeywell International, HON 438516106 4/26/04 4 Amend Vote Requirements to Amend S Against For
Articles/Bylaws/Charter
Inc.
Honeywell International, HON 438516106 4/26/04 5 Submit Severance Agreement S Against For
(Change-in-Control) to Shareholder
Vote
Inc.
Honeywell International, HON 438516106 4/26/04 6 Report on Pay Disparity S Against Against
Inc.
Honeywell International, HON 438516106 4/26/04 7 Provide for Cumulative Voting S Against Against
Inc.
State Street Corp. STT 857477103 4/21/04 1.1 Elect Director Kennett Burnes M For For
(Boston)
State Street Corp. STT 857477103 4/21/04 1.2 Elect Director David Gruber M For For
(Boston)
State Street Corp. STT 857477103 4/21/04 1.3 Elect Director Linda Hill M For For
(Boston)
State Street Corp. STT 857477103 4/21/04 1.4 Elect Director Charles Lamantia M For For
(Boston)
State Street Corp. STT 857477103 4/21/04 1.5 Elect Director Robert Weissman M For For
(Boston)
State Street Corp. STT 857477103 4/21/04 2 Exempt Board of Directors from S Against For
Massachusetts General Laws, Chapter
156B, Section 50A(a)
(Boston)
Union Pacific Corp. UNP 907818108 4/16/04 1.1 Elect Director P.F. Anschutz M For For
Union Pacific Corp. UNP 907818108 4/16/04 1.2 Elect Director R.K. Davidson M For For
Union Pacific Corp. UNP 907818108 4/16/04 1.3 Elect Director T.J. Donohue M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Union Pacific Corp. UNP 907818108 4/16/04 1.4 Elect Director A.W. Dunham M For For
Union Pacific Corp. UNP 907818108 4/16/04 1.5 Elect Director S.F. Eccles M For For
Union Pacific Corp. UNP 907818108 4/16/04 1.6 Elect Director I.J. Evans M For For
Union Pacific Corp. UNP 907818108 4/16/04 1.7 Elect Director J.R. Hope M For For
Union Pacific Corp. UNP 907818108 4/16/04 1.8 Elect Director M.W. Mcconnell M For For
Union Pacific Corp. UNP 907818108 4/16/04 1.9 Elect Director S.R. Rogel M For For
Union Pacific Corp. UNP 907818108 4/16/04 1.10 Elect Director E. Zedillo M For For
Union Pacific Corp. UNP 907818108 4/16/04 2 Approve Omnibus Stock Plan M For For
Union Pacific Corp. UNP 907818108 4/16/04 3 Ratify Auditors M For For
Union Pacific Corp. UNP 907818108 4/16/04 4 Limit Executive Compensation S Against Against
Union Pacific Corp. UNP 907818108 4/16/04 5 Report on Political Contributions/ S Against For
Activities
PG&E Corp. PCG 69331C108 4/21/04 1.1 Elect Director David R. Andrews M For For
PG&E Corp. PCG 69331C108 4/21/04 1.2 Elect Director Leslie S. Biller M For For
PG&E Corp. PCG 69331C108 4/21/04 1.3 Elect Director David A. Coulter M For For
PG&E Corp. PCG 69331C108 4/21/04 1.4 Elect Director C. Lee Cox M For For
PG&E Corp. PCG 69331C108 4/21/04 1.5 Elect Director Robert D. Glynn, Jr. M For For
PG&E Corp. PCG 69331C108 4/21/04 1.6 Elect Director David M. Lawrence, M For For
MD
PG&E Corp. PCG 69331C108 4/21/04 1.7 Elect Director Mary S. Metz M For For
PG&E Corp. PCG 69331C108 4/21/04 1.8 Elect Director Barry Lawson M For For
Williams
PG&E Corp. PCG 69331C108 4/21/04 2 Ratify Auditors M For For
PG&E Corp. PCG 69331C108 4/21/04 3 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
PG&E Corp. PCG 69331C108 4/21/04 4 Submit Severance Agreement
(Change-in-Control) to Shareholder S Against Against
Vote
PG&E Corp. PCG 69331C108 4/21/04 5 Require Directors be a Link-Free S Against Against
Directors
PG&E Corp. PCG 69331C108 4/21/04 6 Adopt Radioactive Waste Policy S Against Against
PG&E Corp. PCG 69331C108 4/21/04 7 Separate Chairman and CEO Positions S Against Against
PG&E Corp. PCG 69331C108 4/21/04 8 Limit Executive Compensation S Against Against
Verizon Communications VZ 92343V104 4/28/04 1.1 Elect Director James R. Barker M For For
Verizon Communications VZ 92343V104 4/28/04 1.2 Elect Director Richard L. Carrion M For For
Verizon Communications VZ 92343V104 4/28/04 1.3 Elect Director Robert W. Lane M For For
Verizon Communications VZ 92343V104 4/28/04 1.4 Elect Director Sandra O. Moose M For For
Verizon Communications VZ 92343V104 4/28/04 1.5 Elect Director Joseph Neubauer M For For
Verizon Communications VZ 92343V104 4/28/04 1.6 Elect Director Thomas H. O'Brien M For For
Verizon Communications VZ 92343V104 4/28/04 1.7 Elect Director Hugh B. Price M For For
Verizon Communications VZ 92343V104 4/28/04 1.8 Elect Director Ivan G. Seidenberg M For For
Verizon Communications VZ 92343V104 4/28/04 1.9 Elect Director Walter V. Shipley M For For
Verizon Communications VZ 92343V104 4/28/04 1.10 Elect Director John R. Stafford M For For
Verizon Communications VZ 92343V104 4/28/04 1.11 Elect Director Robert D. Storey M For Withhold
Verizon Communications VZ 92343V104 4/28/04 2 Ratify Auditors M For For
Verizon Communications VZ 92343V104 4/28/04 3 Restore or Provide for Cumulative S Against Against
Voting
Verizon Communications VZ 92343V104 4/28/04 4 Require Majority of Independent S Against Against
Directors on Board
Verizon Communications VZ 92343V104 4/28/04 5 Separate Chairman and CEO Positions S Against Against
Verizon Communications VZ 92343V104 4/28/04 6 Submit Shareholder Rights Plan S Against Against
(Poison Pill) to Shareholder Vote
Verizon Communications VZ 92343V104 4/28/04 7 Submit Executive Compensation to S Against Against
Vote
Verizon Communications VZ 92343V104 4/28/04 8 Prohibit Awards to Executives S Against Against
Verizon Communications VZ 92343V104 4/28/04 9 Report on Stock Option Distribution S Against Against
by Race and Gender
Verizon Communications VZ 92343V104 4/28/04 10 Report on Political Contributions/ S Against Against
Activities
Verizon Communications VZ 92343V104 4/28/04 11 Cease Charitable Contributions S Against Against
MBNA Corp. KRB 55262L100 5/3/04 1.1 Elect Director James H. Berick M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 1.2 Elect Director Benjamin R. M For Withhold
Civiletti
MBNA Corp. KRB 55262L100 5/3/04 1.3 Elect Director Bruce L. Hammonds M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 1.4 Elect Director William L. Jews M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 1.5 Elect Director Randolph D. Lerner M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 1.6 Elect Director Stuart L. Markowitz M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 1.7 Elect Director William B. Milstead M For Withhold
MBNA Corp. KRB 55262L100 5/3/04 2 Ratify Auditors M For For
MBNA Corp. KRB 55262L100 5/3/04 3 Expense Stock Options S Against Against
MBNA Corp. KRB 55262L100 5/3/04 4 Require Majority of Independent S Against Against
Directors on Board
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Harrah's Entertainment, HET 413619107 4/29/04 1.1 Elect Director Ralph Horn M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 1.2 Elect Director Gary W. Loveman M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 1.3 Elect Director Philip G. Satre M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 1.4 Elect Director Boake A. Sells M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 2 Approve Omnibus Stock Plan M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 3 Approve Executive Incentive Bonus M For For
Plan
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 4 Ratify Auditors M For For
Inc.
Harrah's Entertainment, HET 413619107 4/29/04 5 Report on Political Contributions/ S Against Against
Activities
Inc.
Kimberly-Clark Corp. KMB 494368103 4/29/04 1.1 Elect Director Pastora San Juan M For For
Cafferty
Kimberly-Clark Corp. KMB 494368103 4/29/04 1.2 Elect Director Claudio X. Gonzalez M For For
Kimberly-Clark Corp. KMB 494368103 4/29/04 1.3 Elect Director Linda Johnson Rice M For For
Kimberly-Clark Corp. KMB 494368103 4/29/04 1.4 Elect Director Marc J. Shapiro M For For
Kimberly-Clark Corp. KMB 494368103 4/29/04 2 Amend Omnibus Stock Plan M For Against
Kimberly-Clark Corp. KMB 494368103 4/29/04 3 Ratify Auditors M For For
Kimberly-Clark Corp. KMB 494368103 4/29/04 4 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
The Bank Of New York BK 064057102 4/13/04 1.1 Elect Director Frank J. Biondi, Jr. M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.2 Elect Director Nicholas M. Donofrio M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.3 Elect Director Alan R. Griffith M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.4 Elect Director Gerald L. Hassell M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.5 Elect Director Richard J. Kogan M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.6 Elect Director Michael J. Kowalski M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.7 Elect Director John A. Luke, Jr. M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.8 Elect Director John C. Malone M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.9 Elect Director Paul Myners, CBE M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.10 Elect Director Robert C. Pozen M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.11 Elect Director Catherine A. Rein M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.12 Elect Director Thomas A. Renyi M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.13 Elect Director William C. M For For
Richardson
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.14 Elect Director Brian L. Roberts M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 1.15 Elect Director Samuel C. Scott III M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 2 Ratify Auditors M For For
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 3 Amend Executive Incentive Bonus M For For
Plan
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 4 Report on Political Contributions S Against Against
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 5 Limit Executive Compensation S Against Against
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 6 Limit Composition of Committee to S Against Against
Independent Directors
Co., Inc.
The Bank Of New York BK 064057102 4/13/04 7 Submit Shareholder Rights Plan S Against Against
(Poison Pill) to Shareholder Vote
Co., Inc.
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Avery Dennison Corp. AVY 053611109 4/22/04 1.1 Elect Directors Philip M. Neal M For For
Avery Dennison Corp. AVY 053611109 4/22/04 1.2 Elect Directors Frank V. Cahouet M For For
Avery Dennison Corp. AVY 053611109 4/22/04 1.3 Elect Directors Peter W. Mullin M For For
Avery Dennison Corp. AVY 053611109 4/22/04 1.4 Elect Directors Bruce E. Karatz M For For
Avery Dennison Corp. AVY 053611109 4/22/04 2 Ratify Auditors M For For
Avery Dennison Corp. AVY 053611109 4/22/04 3 Amend Executive Incentive Bonus M For For
Plan
Avery Dennison Corp. AVY 053611109 4/22/04 4 Amend Executive Incentive Bonus M For For
Plan
MEDCO Health Solutions MHS 58405U102 4/21/04 1.1 Elect Director David B. Snow, Jr. M For For
Inc
MEDCO Health Solutions MHS 58405U102 4/21/04 1.2 Elect Director Howard W. Barker, Jr.M For For
Inc
MEDCO Health Solutions MHS 58405U102 4/21/04 1.3 Elect Director Brian L. Strom, Md, M For For
Mph
Inc
MEDCO Health Solutions MHS 58405U102 4/21/04 2 Ratify Auditors M For For
Inc
Lockheed Martin Corp. LMT 539830109 4/22/04 1.1 Elect Director E.C. 'Pete' M For Withhold
Aldridge, Jr.
Lockheed Martin Corp. LMT 539830109 4/22/04 1.2 Elect Director Nolan D. Archibald M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 1.3 Elect Director Norman R. Augustine M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 1.4 Elect Director Marcus C. Bennett M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 1.5 Elect Director Vance D. Coffman M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 1.6 Elect Director Gwendolyn S. King M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 1.7 Elect Director Douglas H. M For Withhold
McCorkindale
Lockheed Martin Corp. LMT 539830109 4/22/04 1.8 Elect Director Eugene F. Murphy M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 1.9 Elect Director Joseph W. Ralston M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 1.10 Elect Director Frank Savage M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 1.11 Elect Director Anne Stevens M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 1.12 Elect Director Robert J. Stevens M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 1.13 Elect Director James R. Ukropina M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 1.14 Elect Director Douglas C. Yearley M For Withhold
Lockheed Martin Corp. LMT 539830109 4/22/04 2 Ratify Auditors M For For
Lockheed Martin Corp. LMT 539830109 4/22/04 3 Report on Executive Ties to S Against Against
Government
Lockheed Martin Corp. LMT 539830109 4/22/04 4 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
Lockheed Martin Corp. LMT 539830109 4/22/04 5 Prohibit Auditor from Providing S Against Against
Non-Audit Services
Lockheed Martin Corp. LMT 539830109 4/22/04 6 Develop Ethical Criteria for S Against Against
Military Contracts
Dominion Resources, Inc. D 25746U109 4/23/04 1.1 Elect Director Susan B. Allen M For For
Dominion Resources, Inc. D 25746U109 4/23/04 1.2 Elect Director Peter W. Brown M For For
Dominion Resources, Inc. D 25746U109 4/23/04 1.3 Elect Director Ronald J. Calise M For For
Dominion Resources, Inc. D 25746U109 4/23/04 1.4 Elect Director Thos. E. Capps M For For
Dominion Resources, Inc. D 25746U109 4/23/04 1.5 Elect Director George A. Davidson, M For For
Jr.
Dominion Resources, Inc. D 25746U109 4/23/04 1.6 Elect Director John W. Harris M For For
Dominion Resources, Inc. D 25746U109 4/23/04 1.7 Elect Director Robert S. Jepson, Jr.M For For
Dominion Resources, Inc. D 25746U109 4/23/04 1.8 Elect Director Benjamin J. Lambert, M For For
III
Dominion Resources, Inc. D 25746U109 4/23/04 1.9 Elect Director Richard L. M For For
Leatherwood
Dominion Resources, Inc. D 25746U109 4/23/04 1.10 Elect Director Margaret A. McKenna M For For
Dominion Resources, Inc. D 25746U109 4/23/04 1.11 Elect Director Kenneth A. Randall M For For
Dominion Resources, Inc. D 25746U109 4/23/04 1.12 Elect Director Frank S. Royal M For For
Dominion Resources, Inc. D 25746U109 4/23/04 1.13 Elect Director S. Dallas Simmons M For For
Dominion Resources, Inc. D 25746U109 4/23/04 1.14 Elect Director Robert H. Spilman M For For
Dominion Resources, Inc. D 25746U109 4/23/04 1.15 Elect Director David A. Wollard M For For
Dominion Resources, Inc. D 25746U109 4/23/04 2 Ratify Auditors M For For
Dominion Resources, Inc. D 25746U109 4/23/04 3 Submit Executive Compensation to S Against Against
Vote
Whirlpool Corp. WHR 963320106 4/20/04 1.1 Elect Director Allan D. Gilmour M For For
Whirlpool Corp. WHR 963320106 4/20/04 1.2 Elect Director Michael F. Johnston M For For
Whirlpool Corp. WHR 963320106 4/20/04 1.3 Elect Director Janice D. Stoney M For For
Whirlpool Corp. WHR 963320106 4/20/04 1.4 Elect Director David R. Whitwam M For For
Whirlpool Corp. WHR 963320106 4/20/04 2 Amend Executive Incentive Bonus M For For
Plan
Altria Group, Inc. MO 02209S103 4/29/04 1.1 Elect Director Elizabeth E. Bailey M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.2 Elect Director Mathis Cabiallavetta M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.3 Elect Director Louis C. Camilleri M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.4 Elect Director J. Dudley Fishburn M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Altria Group, Inc. MO 02209S103 4/29/04 1.5 Elect Director Robert E. R. Huntley M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.6 Elect Director Thomas W. Jones M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.7 Elect Director Lucio A. Noto M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.8 Elect Director John S. Reed M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.9 Elect Director Carlos Slim Helu M For For
Altria Group, Inc. MO 02209S103 4/29/04 1.10 Elect Director Stephen M. Wolf M For For
Altria Group, Inc. MO 02209S103 4/29/04 2 Ratify Auditors M For For
Altria Group, Inc. MO 02209S103 4/29/04 3 Report on Product Warnings for S Against Against
Pregnant Women
Altria Group, Inc. MO 02209S103 4/29/04 4 Report on Health Risks Associated S Against Against
with Cigarette Filters
Altria Group, Inc. MO 02209S103 4/29/04 5 Political Contributions/Activities S Against Against
Altria Group, Inc. MO 02209S103 4/29/04 6 Cease Use of Light and Ultra Light S Against Against
in Cigarette Marketing
Altria Group, Inc. MO 02209S103 4/29/04 7 Place Canadian Style Warnings on S Against Against
Cigarette Packaging
Altria Group, Inc. MO 02209S103 4/29/04 8 Separate Chairman and CEO Positions S Against Against
Wells Fargo & Company WFC 949746101 4/27/04 1.1 Elect Director J.A. Blanchard III M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.2 Elect Director Susan E. Engel M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.3 Elect Director Enrique Hernandez, M For Withhold
Jr.
Wells Fargo & Company WFC 949746101 4/27/04 1.4 Elect Director Robert L. Joss M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.5 Elect Director Reatha Clark King M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.6 Elect Director Richard M. M For Withhold
Kovacevich
Wells Fargo & Company WFC 949746101 4/27/04 1.7 Elect Director Richard D. McCormick M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.8 Elect Director Cynthia H. Milligan M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.9 Elect Director Philip J. Quigley M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.10 Elect Director Donald B. Rice M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.11 Elect Director Judith M. Runstad M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.12 Elect Director Stephen W. Sanger M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.13 Elect Director Susan G. Swenson M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 1.14 Elect Director Michael W. Wright M For Withhold
Wells Fargo & Company WFC 949746101 4/27/04 2 Approve Retirement Plan M For For
Wells Fargo & Company WFC 949746101 4/27/04 3 Ratify Auditors M For For
Wells Fargo & Company WFC 949746101 4/27/04 4 Expense Stock Options S Against Against
Wells Fargo & Company WFC 949746101 4/27/04 5 Limit Executive Compensation S Against Against
Wells Fargo & Company WFC 949746101 4/27/04 6 Link Executive Compensation to S Against Against
Social Issues
Wells Fargo & Company WFC 949746101 4/27/04 7 Report on Political Contributions/ S Against Against
Activities
Eaton Corp. ETN 278058102 4/28/04 1.1 Elect Director Michael J. Critelli M For For
Eaton Corp. ETN 278058102 4/28/04 1.2 Elect Director Ernie Green M For For
Eaton Corp. ETN 278058102 4/28/04 1.3 Elect Director Kiran M. Patel M For For
Eaton Corp. ETN 278058102 4/28/04 2 Approve Omnibus Stock Plan M For For
Eaton Corp. ETN 278058102 4/28/04 3 Ratify Auditors M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 1.1 Elect Director Warren E. Buffett M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 1.2 Elect Director Charles T. Munger M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 1.3 Elect Director Susan T. Buffett M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 1.4 Elect Director Howard G. Buffett M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 1.5 Elect Director Malcolm G. Chace M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 1.6 Elect Director David S. Gottesman M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 1.7 Elect Director Charlotte Guyman M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 1.8 Elect Director Donald R. Keough M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 1.9 Elect Director Thomas S. Murphy M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 1.10 Elect Director Ronald L. Olson M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 1.11 Elect Director Walter Scott, Jr. M For For
Berkshire Hathaway Inc. BRK.A 084670207 5/1/04 2 Report on Political Contributions/ S Against Against
Activities
Washington Mutual, Inc WM 939322103 4/20/04 1.1 Elect Director Anne V. Farrell M For For
Washington Mutual, Inc WM 939322103 4/20/04 1.2 Elect Director Stephen E. Frank M For For
Washington Mutual, Inc WM 939322103 4/20/04 1.3 Elect Director Margaret Osmer M For For
Mcquade
Washington Mutual, Inc WM 939322103 4/20/04 1.4 Elect Director William D. Schulte M For For
Washington Mutual, Inc WM 939322103 4/20/04 2 Ratify Auditors M For For
Washington Mutual, Inc WM 939322103 4/20/04 3 Limit Executive Compensation S Against Against
MeadWestvaco Corp. MWV 583334107 4/27/04 1.1 Elect Director William E. Hoglund M For For
MeadWestvaco Corp. MWV 583334107 4/27/04 1.2 Elect Director Douglas S. Luke M For For
MeadWestvaco Corp. MWV 583334107 4/27/04 1.3 Elect Director Robert C. McCormack M For For
MeadWestvaco Corp. MWV 583334107 4/27/04 1.4 Elect Director Jane L. Warner M For For
MeadWestvaco Corp. MWV 583334107 4/27/04 2 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Sempra Energy SRE 816851109 5/4/04 1.1 Elect Director Stephen L. Baum M For For
Sempra Energy SRE 816851109 5/4/04 1.2 Elect Director Wilford D. Godbold, M For For
Jr.
Sempra Energy SRE 816851109 5/4/04 1.3 Elect Director Richard G. Newman M For For
Sempra Energy SRE 816851109 5/4/04 2 Approve Omnibus Stock Plan M For For
Sempra Energy SRE 816851109 5/4/04 3 Ratify Auditors M For For
Sempra Energy SRE 816851109 5/4/04 4 Declassify the Board of Directors S Against For
Sempra Energy SRE 816851109 5/4/04 5 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
Sempra Energy SRE 816851109 5/4/04 6 Prohibit Auditor from Providing S Against For
Non-Audit Services
Sempra Energy SRE 816851109 5/4/04 7 Separate Chairman and CEO Positions S Against Against
Sunoco, Inc. SUN 86764P109 5/6/04 1.1 Elect Director Robert J. Darnall M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.2 Elect Director John G. Drosdick M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.3 Elect Director Ursula F. Fairbairn M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.4 Elect Director Thomas P. Gerrity M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.5 Elect Director Rosemarie B. Greco M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.6 Elect Director James G. Kaiser M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.7 Elect Director Robert D. Kennedy M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.8 Elect Director Richard H. Lenny M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.9 Elect Director Norman S. Matthews M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.10 Elect Director R. Anderson Pew M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.11 Elect Director G. Jackson Ratcliffe M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.12 Elect Director John W. Rowe M For For
Sunoco, Inc. SUN 86764P109 5/6/04 1.13 Elect Director John K. Wulff M For For
Sunoco, Inc. SUN 86764P109 5/6/04 2 Ratify Auditors M For For
Wyeth WYE 983024100 4/22/04 1.1 Elect Director Clifford L. M For For
Alexander, Jr.
Wyeth WYE 983024100 4/22/04 1.2 Elect Director Frank A. Bennack, M For For
Jr.
Wyeth WYE 983024100 4/22/04 1.3 Elect Director Richard L. Carrion M For For
Wyeth WYE 983024100 4/22/04 1.4 Elect Director Robert Essner M For For
Wyeth WYE 983024100 4/22/04 1.5 Elect Director John D. Feerick M For For
Wyeth WYE 983024100 4/22/04 1.6 Elect Director Robert Langer M For For
Wyeth WYE 983024100 4/22/04 1.7 Elect Director John P. Mascotte M For For
Wyeth WYE 983024100 4/22/04 1.8 Elect Director Mary Lake Polan M For For
Wyeth WYE 983024100 4/22/04 1.9 Elect Director Ivan G. Seidenberg M For For
Wyeth WYE 983024100 4/22/04 1.10 Elect Director Walter V. Shipley M For For
Wyeth WYE 983024100 4/22/04 1.11 Elect Director John R. Torell III M For For
Wyeth WYE 983024100 4/22/04 2 Ratify Auditors M For For
Wyeth WYE 983024100 4/22/04 3 Report on Drug Pricing S Against Against
Wyeth WYE 983024100 4/22/04 4 Amend Animal Testing Policy S Against Against
Zions Bancorporation ZION 989701107 4/30/04 1.1 Elect Director Roger B. Porter M For For
Zions Bancorporation ZION 989701107 4/30/04 1.2 Elect Director L. E. Simmons M For For
Zions Bancorporation ZION 989701107 4/30/04 1.3 Elect Director Steven C. M For For
Wheelwright
Zions Bancorporation ZION 989701107 4/30/04 2 Ratify Auditors M For For
Zions Bancorporation ZION 989701107 4/30/04 3 Other Business M For Against
Capital One Financial COF 14040H105 4/29/04 1.1 Elect Director W. Ronald Dietz M For For
Corp.
Capital One Financial COF 14040H105 4/29/04 1.2 Elect Director Lewis Hay, III M For For
Corp.
Capital One Financial COF 14040H105 4/29/04 1.3 Elect Director Mayo A. Shattuck, M For For
III
Corp.
Capital One Financial COF 14040H105 4/29/04 2 Ratify Auditors M For For
Corp.
Capital One Financial COF 14040H105 4/29/04 3 Approve Omnibus Stock Plan M For For
Corp.
Compass Bancshares, Inc. CBSS 20449H109 4/19/04 1.1 Elect Director Carl J. Gessler, Jr. M For For
Compass Bancshares, Inc. CBSS 20449H109 4/19/04 1.2 Elect Director D. Paul Jones, Jr. M For For
Compass Bancshares, Inc. CBSS 20449H109 4/19/04 1.3 Elect Director J. Terry Strange M For For
Compass Bancshares, Inc. CBSS 20449H109 4/19/04 2 Adopt Dividend Reinvestment Plan M For For
Compass Bancshares, Inc. CBSS 20449H109 4/19/04 3 Ratify Auditors M For For
Torchmark Corp. TMK 891027104 4/29/04 1.1 Elect Director Charles E. Adair M For For
Torchmark Corp. TMK 891027104 4/29/04 1.2 Elect Director Joseph M. Farley M For For
Torchmark Corp. TMK 891027104 4/29/04 1.3 Elect Director C. B. Hudson M For For
Torchmark Corp. TMK 891027104 4/29/04 1.4 Elect Director Joseph L. Lanier, M For For
Jr.
Torchmark Corp. TMK 891027104 4/29/04 1.5 Elect Director R. K. Richey M For For
Torchmark Corp. TMK 891027104 4/29/04 2 Ratify Auditors M For For
Torchmark Corp. TMK 891027104 4/29/04 3 Limit Executive Compensation S Against Against
Torchmark Corp. TMK 891027104 4/29/04 4 Divest Investments in Tobacco S Against Against
Companies
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
CIGNA Corp. CI 125509109 4/28/04 1.1 Elect Director Robert H. Campbell M For For
CIGNA Corp. CI 125509109 4/28/04 1.2 Elect Director Jane E. Henney, M.D. M For For
CIGNA Corp. CI 125509109 4/28/04 1.3 Elect Director Charles R. Shoemate M For For
CIGNA Corp. CI 125509109 4/28/04 1.4 Elect Director Louis W. Sullivan, M For For
M.D.
CIGNA Corp. CI 125509109 4/28/04 2 Ratify Auditors M For For
Borg-Warner, Inc. BWA 099724106 4/21/04 1.1 Elect Director Jere A. Drummond M For For
Borg-Warner, Inc. BWA 099724106 4/21/04 1.2 Elect Director Timothy M. M For For
Manganello
Borg-Warner, Inc. BWA 099724106 4/21/04 1.3 Elect Director Ernest J. Novak, Jr. M For For
Borg-Warner, Inc. BWA 099724106 4/21/04 2 Approve Omnibus Stock Plan M For For
Borg-Warner, Inc. BWA 099724106 4/21/04 3 Increase Authorized Common Stock M For For
Borg-Warner, Inc. BWA 099724106 4/21/04 4 Ratify Auditors M For For
NOBLE CORP NE G65422100 4/22/04 1.1 Elect Director Michael A. Cawley M For Withhold
NOBLE CORP NE G65422100 4/22/04 1.2 Elect Director Luke R. Corbett M For Withhold
NOBLE CORP NE G65422100 4/22/04 1.3 Elect Director Jack E. Little M For Withhold
NOBLE CORP NE G65422100 4/22/04 2 Ratify Auditors M For For
Raytheon Co. RTN 755111507 5/5/04 1.1 Elect Director John M. Deutch M For For
Raytheon Co. RTN 755111507 5/5/04 1.2 Elect Director Michael C. Ruettgers M For For
Raytheon Co. RTN 755111507 5/5/04 1.3 Elect Director William R. Spivey M For For
Raytheon Co. RTN 755111507 5/5/04 1.4 Elect Director William H. Swanson M For For
Raytheon Co. RTN 755111507 5/5/04 1.5 Elect Director Linda G. Stuntz M For For
Raytheon Co. RTN 755111507 5/5/04 2 Ratify Auditors M For For
Raytheon Co. RTN 755111507 5/5/04 3 Develop Ethical Criteria for S Against Against
Military Contracts
Raytheon Co. RTN 755111507 5/5/04 4 Submit Shareholder Rights Plan S Against Against
(Poison Pill) to Shareholder Vote
Raytheon Co. RTN 755111507 5/5/04 5 Declassify the Board of Directors S Against For
Raytheon Co. RTN 755111507 5/5/04 6 Implement MacBride Principles S Against Against
Raytheon Co. RTN 755111507 5/5/04 7 Expense Stock Options S Against Against
Raytheon Co. RTN 755111507 5/5/04 8 Submit Executive Pension Benefit to S Against Against
Vote
Raytheon Co. RTN 755111507 5/5/04 9 Limit Executive Compensation S Against Against
The Boeing Co. BA 097023105 5/3/04 1.1 Elect Director John H. Biggs M For For
The Boeing Co. BA 097023105 5/3/04 1.2 Elect Director John E. Bryson M For For
The Boeing Co. BA 097023105 5/3/04 1.3 Elect Director Linda Z. Cook M For For
The Boeing Co. BA 097023105 5/3/04 1.4 Elect Director Rozanne L. Ridgway M For For
The Boeing Co. BA 097023105 5/3/04 2 Reduce Supermajority Vote M For For
Requirement
The Boeing Co. BA 097023105 5/3/04 3 Ratify Auditors M For For
The Boeing Co. BA 097023105 5/3/04 4 Develop Ethical Criteria for S Against Against
Military Contracts
The Boeing Co. BA 097023105 5/3/04 5 Adopt Amended Workplace Code of S Against Against
Conduct
The Boeing Co. BA 097023105 5/3/04 6 Declassify the Board of Directors S Against For
The Boeing Co. BA 097023105 5/3/04 7 Amend Vote Requirements to Amend S Against For
Articles/Bylaws/Charter
The Boeing Co. BA 097023105 5/3/04 8 Submit Severance Agreement S Against For
(Change-in-Control) to Shareholder
Vote
The Boeing Co. BA 097023105 5/3/04 9 Adopt a Policy that will Commit S Against For
Executive & Directors to Hold at
least 75% of their Shares
The Boeing Co. BA 097023105 5/3/04 10 Provide Employees Choice of Pension S Against Against
Plans at Retirement or Termination
Pitney Bowes Inc. PBI 724479100 5/10/04 1.1 Elect Director Linda G. Alvarado M For For
Pitney Bowes Inc. PBI 724479100 5/10/04 1.2 Elect Director Ernie Green M For For
Pitney Bowes Inc. PBI 724479100 5/10/04 1.3 Elect Director John S. McFarlane M For For
Pitney Bowes Inc. PBI 724479100 5/10/04 1.4 Elect Director Eduardo R. Menasce M For For
Pitney Bowes Inc. PBI 724479100 5/10/04 2 Ratify Auditors M For For
Pitney Bowes Inc. PBI 724479100 5/10/04 3 Report on Political Contributions/ S Against Against
Activities
Apache Corp. APA 037411105 5/6/04 1.1 Elect Director Eugene C. Fiedorek M For For
Apache Corp. APA 037411105 5/6/04 1.2 Elect Director Patricia Albjerg M For For
Graham
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Apache Corp. APA 037411105 5/6/04 1.3 Elect Director F. H. Merelli M For For
Apache Corp. APA 037411105 5/6/04 1.4 Elect Director Raymond Plank M For For
Apache Corp. APA 037411105 5/6/04 2 Report on Greenhouse Gas Emissions S Against Against
Amerada Hess Corp. AHC 023551104 5/5/04 1.1 Elect Director Nicholas F. Brady M For Withhold
Amerada Hess Corp. AHC 023551104 5/5/04 1.2 Elect Director J. Barclay Collins M For For
II
Amerada Hess Corp. AHC 023551104 5/5/04 1.3 Elect Director Thomas H. Kean M For For
Amerada Hess Corp. AHC 023551104 5/5/04 1.4 Elect Director Frank A. Olson M For For
Amerada Hess Corp. AHC 023551104 5/5/04 2 Ratify Auditors M For For
Amerada Hess Corp. AHC 023551104 5/5/04 3 Amend Omnibus Stock Plan M For For
Amerada Hess Corp. AHC 023551104 5/5/04 4 Establish Other Board Committee S Against Against
The Dow Chemical Company DOW 260543103 5/13/04 1.1 Elect Director Arnold A. Allemang M For For
The Dow Chemical Company DOW 260543103 5/13/04 1.2 Elect Director John C. Danforth M For For
The Dow Chemical Company DOW 260543103 5/13/04 1.3 Elect Director Jeff M. Fettig M For For
The Dow Chemical Company DOW 260543103 5/13/04 1.4 Elect Director Andrew N. Liveris M For For
The Dow Chemical Company DOW 260543103 5/13/04 1.5 Elect Director James M. Ringler M For For
The Dow Chemical Company DOW 260543103 5/13/04 1.6 Elect Director William S. M For For
Stavropoulos
The Dow Chemical Company DOW 260543103 5/13/04 2 Ratify Auditors M For For
The Dow Chemical Company DOW 260543103 5/13/04 3 Declassify the Board of Directors M For For
The Dow Chemical Company DOW 260543103 5/13/04 4 Report on Social Initiatives in S Against Against
Bhopal
Valero Energy Corp. VLO 91913Y100 4/29/04 1.1 Elect Director E. Glenn Biggs M For For
Valero Energy Corp. VLO 91913Y100 4/29/04 1.2 Elect Director Ruben M. Escobedo M For For
Valero Energy Corp. VLO 91913Y100 4/29/04 1.3 Elect Director Bob Marbut M For For
Valero Energy Corp. VLO 91913Y100 4/29/04 2 Ratify Auditors M For For
Valero Energy Corp. VLO 91913Y100 4/29/04 3 Report on Greenhouse Gas Emissions S Against Against
Entergy Corp. ETR 29364G103 5/14/04 1.1 Elect Director Maureen Scannell M For For
Bateman
Entergy Corp. ETR 29364G103 5/14/04 1.2 Elect Director W. Frank Blount M For For
Entergy Corp. ETR 29364G103 5/14/04 1.3 Elect Director Simon D. deBree M For For
Entergy Corp. ETR 29364G103 5/14/04 1.4 Elect Director Claiborne P. Deming M For For
Entergy Corp. ETR 29364G103 5/14/04 1.5 Elect Director Alexis M. Herman M For For
Entergy Corp. ETR 29364G103 5/14/04 1.6 Elect Director Donald C. Hintz M For For
Entergy Corp. ETR 29364G103 5/14/04 1.7 Elect Director J. Wayne Leonard M For For
Entergy Corp. ETR 29364G103 5/14/04 1.8 Elect Director Robert v.d. Luft M For For
Entergy Corp. ETR 29364G103 5/14/04 1.9 Elect Director Kathleen A. Murphy M For For
Entergy Corp. ETR 29364G103 5/14/04 1.10 Elect Director Paul W. Murrill M For For
Entergy Corp. ETR 29364G103 5/14/04 1.11 Elect Director James R. Nichols M For For
Entergy Corp. ETR 29364G103 5/14/04 1.12 Elect Director William A. Percy, II M For For
Entergy Corp. ETR 29364G103 5/14/04 1.13 Elect Director Dennis H. Reilley M For For
Entergy Corp. ETR 29364G103 5/14/04 1.14 Elect Director Wm. Clifford Smith M For For
Entergy Corp. ETR 29364G103 5/14/04 1.15 Elect Director Bismark A. M For For
Steinhagen
Entergy Corp. ETR 29364G103 5/14/04 1.16 Elect Director Steven V. Wilkinson M For For
Entergy Corp. ETR 29364G103 5/14/04 2 Ratify Auditors M For For
Entergy Corp. ETR 29364G103 5/14/04 3 Submit Severance Agreement S Against For
(Change-in-Control) to Shareholder
Vote
Entergy Corp. ETR 29364G103 5/14/04 4 Restore or Provide for Cumulative S Against For
Voting
Entergy Corp. ETR 29364G103 5/14/04 5 Prohibit Awards to Executives S Against Against
Progress Energy, Inc. PGN 743263105 5/12/04 1.1 Elect Director Charles Coker M For For
Progress Energy, Inc. PGN 743263105 5/12/04 1.2 Elect Director Robert McGehee M For For
Progress Energy, Inc. PGN 743263105 5/12/04 1.3 Elect Director E. Marie McKee M For For
Progress Energy, Inc. PGN 743263105 5/12/04 1.4 Elect Director Peter Rummell M For For
Progress Energy, Inc. PGN 743263105 5/12/04 1.5 Elect Director Jean Wittner M For For
Progress Energy, Inc. PGN 743263105 5/12/04 2 Prohibit Awards to Executives S Against Against
Xl Capital Ltd (Formerly XL G98255105 4/30/04 1.1 Elect Director John Loudon M For For
Exel Ltd.)
Xl Capital Ltd (Formerly XL G98255105 4/30/04 1.2 Elect Director Robert S. Parker M For For
Exel Ltd.)
Xl Capital Ltd (Formerly XL G98255105 4/30/04 1.3 Elect Director Alan Z. Senter M For For
Exel Ltd.)
Xl Capital Ltd (Formerly XL G98255105 4/30/04 2 Ratify Auditors M For For
Exel Ltd.)
MBIA Inc. MBI 55262C100 5/6/04 1.1 Elect Director Joseph W. Brown M For For
MBIA Inc. MBI 55262C100 5/6/04 1.2 Elect Director C. Edward Chaplin M For For
MBIA Inc. MBI 55262C100 5/6/04 1.3 Elect Director David C. Clapp M For For
MBIA Inc. MBI 55262C100 5/6/04 1.4 Elect Director Gary C. Dunton M For For
MBIA Inc. MBI 55262C100 5/6/04 1.5 Elect Director Claire L. Gaudiani M For For
MBIA Inc. MBI 55262C100 5/6/04 1.6 Elect Director Freda S. Johnson M For For
MBIA Inc. MBI 55262C100 5/6/04 1.7 Elect Director Daniel P. Kearney M For For
MBIA Inc. MBI 55262C100 5/6/04 1.8 Elect Director James A. Lebenthal M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
MBIA Inc. MBI 55262C100 5/6/04 1.9 Elect Director Debra J. Perry M For For
MBIA Inc. MBI 55262C100 5/6/04 1.10 Elect Director John A. Rolls M For For
MBIA Inc. MBI 55262C100 5/6/04 2 Ratify Auditors M For For
ConocoPhillips COP 20825C104 5/5/04 1.1 Elect Director David L. Boren M For For
ConocoPhillips COP 20825C104 5/5/04 1.2 Elect Director James E. Copeland, M For For
Jr.
ConocoPhillips COP 20825C104 5/5/04 1.3 Elect Director Kenneth M. M For For
Duberstein
ConocoPhillips COP 20825C104 5/5/04 1.4 Elect Director Ruth R. Harkin M For For
ConocoPhillips COP 20825C104 5/5/04 1.5 Elect Director William R. Rhodes M For For
ConocoPhillips COP 20825C104 5/5/04 1.6 Elect Director J. Stapleton Roy M For For
ConocoPhillips COP 20825C104 5/5/04 2 Ratify Auditors M For For
ConocoPhillips COP 20825C104 5/5/04 3 Approve Omnibus Stock Plan M For For
ConocoPhillips COP 20825C104 5/5/04 4 Limit Executive Compensation S Against Against
ConocoPhillips COP 20825C104 5/5/04 5 Limit Executive Compensation S Against Against
ConocoPhillips COP 20825C104 5/5/04 6 Report on Drilling in the Arctic S Against Against
National Wildlife Refuge
Office Depot, Inc. ODP 676220106 5/14/04 1.1 Elect Director Lee A. Ault III M For For
Office Depot, Inc. ODP 676220106 5/14/04 1.2 Elect Director Neil R. Austrian M For For
Office Depot, Inc. ODP 676220106 5/14/04 1.3 Elect Director David W. Bernauer M For For
Office Depot, Inc. ODP 676220106 5/14/04 1.4 Elect Director Abelardo E. Bru M For For
Office Depot, Inc. ODP 676220106 5/14/04 1.5 Elect Director David I. Fuente M For For
Office Depot, Inc. ODP 676220106 5/14/04 1.6 Elect Director Brenda J. Gaines M For For
Office Depot, Inc. ODP 676220106 5/14/04 1.7 Elect Director Myra M. Hart M For For
Office Depot, Inc. ODP 676220106 5/14/04 1.8 Elect Director W. Scott Hedrick M For For
Office Depot, Inc. ODP 676220106 5/14/04 1.9 Elect Director James L. Heskett M For For
Office Depot, Inc. ODP 676220106 5/14/04 1.10 Elect Director Patricia H. McKay M For For
Office Depot, Inc. ODP 676220106 5/14/04 1.11 Elect Director Michael J. Myers M For For
Office Depot, Inc. ODP 676220106 5/14/04 1.12 Elect Director Bruce Nelson M For For
Office Depot, Inc. ODP 676220106 5/14/04 2 Amend Omnibus Stock Plan M For Against
Office Depot, Inc. ODP 676220106 5/14/04 3 Ratify Auditors M For For
Liz Claiborne, Inc. LIZ 539320101 5/20/04 1.1 Elect Director Raul J. Fernandez M For For
Liz Claiborne, Inc. LIZ 539320101 5/20/04 1.2 Elect Director Mary Kay Haben M For For
Liz Claiborne, Inc. LIZ 539320101 5/20/04 1.3 Elect Director Kenneth P. Kopelman M For Withhold
Liz Claiborne, Inc. LIZ 539320101 5/20/04 1.4 Elect Director Arthur C. Martinez M For For
Liz Claiborne, Inc. LIZ 539320101 5/20/04 2 Ratify Auditors M For For
First Data Corp. FDC 319963104 5/19/04 1.1 Elect Director Henry C. Duques M For For
First Data Corp. FDC 319963104 5/19/04 1.2 Elect Director Charles T. Fote M For For
First Data Corp. FDC 319963104 5/19/04 1.3 Elect Director Richard P. Kiphart M For For
First Data Corp. FDC 319963104 5/19/04 1.4 Elect Director Joan E. Spero M For For
First Data Corp. FDC 319963104 5/19/04 2 Ratify Auditors M For For
Colgate-Palmolive Co. CL 194162103 5/7/04 1.1 Elect Director Jill K. Conway M For For
Colgate-Palmolive Co. CL 194162103 5/7/04 1.2 Elect Director Ronald E. Ferguson M For For
Colgate-Palmolive Co. CL 194162103 5/7/04 1.3 Elect Director Carlos M. Gutierrez M For For
Colgate-Palmolive Co. CL 194162103 5/7/04 1.4 Elect Director Ellen M. Hancock M For For
Colgate-Palmolive Co. CL 194162103 5/7/04 1.5 Elect Director David W. Johnson M For For
Colgate-Palmolive Co. CL 194162103 5/7/04 1.6 Elect Director Richard J. Kogan M For For
Colgate-Palmolive Co. CL 194162103 5/7/04 1.7 Elect Director Delano E. Lewis M For For
Colgate-Palmolive Co. CL 194162103 5/7/04 1.8 Elect Director Reuben Mark M For For
Colgate-Palmolive Co. CL 194162103 5/7/04 1.9 Elect Director Elizabeth A. Monrad M For For
Colgate-Palmolive Co. CL 194162103 5/7/04 2 Ratify Auditors M For For
Colgate-Palmolive Co. CL 194162103 5/7/04 3 Approve Executive Incentive Bonus M For For
Plan
Colgate-Palmolive Co. CL 194162103 5/7/04 4 Submit Severance Agreement
(Change-in-Control) to Shareholder S Against For
Vote
Colgate-Palmolive Co. CL 194162103 5/7/04 5 Adopt ILO Based Code of Conduct S Against Against
Colgate-Palmolive Co. CL 194162103 5/7/04 6 Separate Chairman and CEO Positions S Against Against
Republic Services, Inc. RSG 760759100 5/11/04 1.1 Elect Director James E. O'Connor M For For
Republic Services, Inc. RSG 760759100 5/11/04 1.2 Elect Director Harris W. Hudson M For For
Republic Services, Inc. RSG 760759100 5/11/04 1.3 Elect Director John W. Croghan M For For
Republic Services, Inc. RSG 760759100 5/11/04 1.4 Elect Director W. Lee Nutter M For For
Republic Services, Inc. RSG 760759100 5/11/04 1.5 Elect Director Ramon A. Rodriguez M For For
Republic Services, Inc. RSG 760759100 5/11/04 1.6 Elect Director Allan C. Sorensen M For For
Republic Services, Inc. RSG 760759100 5/11/04 2 Adjourn Meeting M For For
Engelhard Corp. EC 292845104 5/6/04 1.1 Elect Director David L. Burner M For For
Engelhard Corp. EC 292845104 5/6/04 1.2 Elect Director James V. Napier M For For
CIT GROUP INC CIT 125581108 5/12/04 1.1 Elect Director Albert R. Gamper, Jr.M For For
CIT GROUP INC CIT 125581108 5/12/04 1.2 Elect Director Gary C. Butler M For For
CIT GROUP INC CIT 125581108 5/12/04 1.3 Elect Director William A. Farlinger M For For
CIT GROUP INC CIT 125581108 5/12/04 1.4 Elect Director William M. Freeman M For For
CIT GROUP INC CIT 125581108 5/12/04 1.5 Elect Director Hon. Thomas H. Kean M For For
CIT GROUP INC CIT 125581108 5/12/04 1.6 Elect Director Edward J. Kelly, III M For For
CIT GROUP INC CIT 125581108 5/12/04 1.7 Elect Director Marianne Miller M For For
Parrs
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
CIT GROUP INC CIT 125581108 5/12/04 1.8 Elect Director Jeffrey M. Peek M For For
CIT GROUP INC CIT 125581108 5/12/04 1.9 Elect Director John R. Ryan M For For
CIT GROUP INC CIT 125581108 5/12/04 1.10 Elect Director Peter J. Tobin M For For
CIT GROUP INC CIT 125581108 5/12/04 1.11 Elect Director Lois M. Van Deusen M For For
CIT GROUP INC CIT 125581108 5/12/04 2 Ratify Auditors M For For
CIT GROUP INC CIT 125581108 5/12/04 3 Other Business M For Against
Time Warner Inc TWX 887317105 5/21/04 1.1 Elect Director James L. Barksdale M For For
Time Warner Inc TWX 887317105 5/21/04 1.2 Elect Director Stephen F. M For For
Bollenbach
Time Warner Inc TWX 887317105 5/21/04 1.3 Elect Director Stephen M. Case M For For
Time Warner Inc TWX 887317105 5/21/04 1.4 Elect Director Frank J. Caufield M For For
Time Warner Inc TWX 887317105 5/21/04 1.5 Elect Director Robert C. Clark M For For
Time Warner Inc TWX 887317105 5/21/04 1.6 Elect Director Miles R. Gilburne M For For
Time Warner Inc TWX 887317105 5/21/04 1.7 Elect Director Carla A. Hills M For For
Time Warner Inc TWX 887317105 5/21/04 1.8 Elect Director Reuben Mark M For For
Time Warner Inc TWX 887317105 5/21/04 1.9 Elect Director Michael A. Miles M For For
Time Warner Inc TWX 887317105 5/21/04 1.10 Elect Director Kenneth J. Novack M For For
Time Warner Inc TWX 887317105 5/21/04 1.11 Elect Director Richard D. Parsons M For For
Time Warner Inc TWX 887317105 5/21/04 1.12 Elect Director R. E. Turner M For For
Time Warner Inc TWX 887317105 5/21/04 1.13 Elect Director Francis T. Vincent, M For For
Jr.
Time Warner Inc TWX 887317105 5/21/04 2 Ratify Auditors M For For
Time Warner Inc TWX 887317105 5/21/04 3 Adopt China Principles S Against Against
Time Warner Inc TWX 887317105 5/21/04 4 Report on Pay Disparity S Against Against
Smurfit - Stone Container SSCC 832727101 5/12/04 1.1 Elect Director James R. Boris M For For
Corp.
Smurfit - Stone Container SSCC 832727101 5/12/04 1.2 Elect Director Alan E. Goldberg M For For
Corp.
Smurfit - Stone Container SSCC 832727101 5/12/04 1.3 Elect Director William T. Lynch, Jr.M For For
Corp.
Smurfit - Stone Container SSCC 832727101 5/12/04 1.4 Elect Director Patrick J. Moore M For For
Corp.
Smurfit - Stone Container SSCC 832727101 5/12/04 1.5 Elect Director James J. O'Connor M For For
Corp.
Smurfit - Stone Container SSCC 832727101 5/12/04 1.6 Elect Director Jerry K. Pearlman M For For
Corp.
Smurfit - Stone Container SSCC 832727101 5/12/04 1.7 Elect Director Thomas A. Reynolds, M For Withhold
III
Corp.
Smurfit - Stone Container SSCC 832727101 5/12/04 1.8 Elect Director William D. Smithburg M For For
Corp.
Smurfit - Stone Container SSCC 832727101 5/12/04 2 Ratify Auditors M For For
Corp.
Smurfit - Stone Container SSCC 832727101 5/12/04 3 Approve Omnibus Stock Plan M For For
Corp.
Smurfit - Stone Container SSCC 832727101 5/12/04 4 Approve Deferred Compensation Plan M For For
Corp.
Smurfit - Stone Container SSCC 832727101 5/12/04 5 Submit Executive Compensation to S Against Against
Vote
Corp.
McDonald's Corp. MCD 580135101 5/20/04 1.1 Elect Director Edward A. Brennan M For For
McDonald's Corp. MCD 580135101 5/20/04 1.2 Elect Director Walter E. Massey M For For
McDonald's Corp. MCD 580135101 5/20/04 1.3 Elect Director John W. Rogers, Jr. M For For
McDonald's Corp. MCD 580135101 5/20/04 1.4 Elect Director Anne-Marie Slaughter M For For
McDonald's Corp. MCD 580135101 5/20/04 1.5 Elect Director Roger W. Stone M For For
McDonald's Corp. MCD 580135101 5/20/04 2 Ratify Auditors M For For
McDonald's Corp. MCD 580135101 5/20/04 3 Amend Omnibus Stock Plan M For Against
McDonald's Corp. MCD 580135101 5/20/04 4 Approve/Amend Executive Incentive M For For
Bonus Plan
American International AIG 026874107 5/19/04 1.1 Elect Director M. Bernard Aidinoff M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.2 Elect Director Pei-Yuan Chia M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.3 Elect Director Marshall A. Cohen M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.4 Elect Director Willaim S. Cohen M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.5 Elect Director Martin S. Feldstein M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.6 Elect Director Ellen V. Futter M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.7 Elect Director Maurice R. Greenberg M For For
Group, Inc.
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
American International AIG 026874107 5/19/04 1.8 Elect Director Carla A. Hills M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.9 Elect Director Frank J. Hoenemeyer M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.10 Elect Director Richard C. Holbrooke M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.11 Elect Director Donald P. Kanak M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.12 Elect Director Howard I. Smith M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.13 Elect Director Martin J. Sullivan M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.14 Elect Director Edmund S.W. Tse M For For
Group, Inc.
American International AIG 026874107 5/19/04 1.15 Elect Director Frank G. Zarb M For For
Group, Inc.
American International AIG 026874107 5/19/04 2 Approve Executive Incentive Bonus M For For
Plan
Group, Inc.
American International AIG 026874107 5/19/04 3 Approve Non-Employee Director Stock M For For
Option Plan
Group, Inc.
American International AIG 026874107 5/19/04 4 Ratify Auditors M For For
Group, Inc.
American International AIG 026874107 5/19/04 5 Report on Political Contributions/ S Against Against
Activities
Group, Inc.
American International AIG 026874107 5/19/04 6 Divest from Tobacco Equities S Against Against
Group, Inc.
American International AIG 026874107 5/19/04 7 Link Executive Compensation to S Against Against
Predatory Lending
Group, Inc.
Unocal Corp. UCL 915289102 5/24/04 1.1 Elect Director Richard D. McCormick M For For
Unocal Corp. UCL 915289102 5/24/04 1.2 Elect Director Marina v.N. Whitman M For For
Unocal Corp. UCL 915289102 5/24/04 1.3 Elect Director Charles R. M For For
Williamson
Unocal Corp. UCL 915289102 5/24/04 2 Ratify Auditors M For For
Unocal Corp. UCL 915289102 5/24/04 3 Approve Omnibus Stock Plan M For Against
Unocal Corp. UCL 915289102 5/24/04 4 Approve Deferred Compensation Plan M For For
Unocal Corp. UCL 915289102 5/24/04 5 Separate Chairman and CEO Positions S Against Against
Unocal Corp. UCL 915289102 5/24/04 6 Limit Awards to Executives S Against Against
Unocal Corp. UCL 915289102 5/24/04 7 Establish Other Board Committee S Against Against
Unocal Corp. UCL 915289102 5/24/04 8 Report on Greenhouse Gas Emissions S Against Against
Exxon Mobil Corp. XOM 30231G102 5/26/04 1.1 Elect Director Michael J. Boskin M For For
Exxon Mobil Corp. XOM 30231G102 5/26/04 1.2 Elect Director James R. Houghton M For For
Exxon Mobil Corp. XOM 30231G102 5/26/04 1.3 Elect Director William R. Howell M For For
Exxon Mobil Corp. XOM 30231G102 5/26/04 1.4 Elect Director Reatha Clark King M For For
Exxon Mobil Corp. XOM 30231G102 5/26/04 1.5 Elect Director Philip E. Lippincott M For For
Exxon Mobil Corp. XOM 30231G102 5/26/04 1.6 Elect Director Harry J. Longwell M For For
Exxon Mobil Corp. XOM 30231G102 5/26/04 1.7 Elect Director Henry A. McKinnell, M For For
Jr.
Exxon Mobil Corp. XOM 30231G102 5/26/04 1.8 Elect Director Marilyn Carlson M For For
Nelson
Exxon Mobil Corp. XOM 30231G102 5/26/04 1.9 Elect Director Lee R. Raymond M For For
Exxon Mobil Corp. XOM 30231G102 5/26/04 1.10 Elect Director Walter V. Shipley M For For
Exxon Mobil Corp. XOM 30231G102 5/26/04 1.11 Elect Director Rex W. Tillerson M For For
Exxon Mobil Corp. XOM 30231G102 5/26/04 2 Ratify Auditors M For For
Exxon Mobil Corp. XOM 30231G102 5/26/04 3 Approve Non-Employee Director M For For
Restricted Stock Plan
Exxon Mobil Corp. XOM 30231G102 5/26/04 4 Affirm Political Nonpartisanship S Against Against
Exxon Mobil Corp. XOM 30231G102 5/26/04 5 Report on Political Contributions/ S Against Against
Activities
Exxon Mobil Corp. XOM 30231G102 5/26/04 6 Report on Equatorial Guinea S Against Against
Exxon Mobil Corp. XOM 30231G102 5/26/04 7 Separate Chairman and CEO Positions S Against Against
Exxon Mobil Corp. XOM 30231G102 5/26/04 8 Prohibit Awards to Executives S Against Against
Exxon Mobil Corp. XOM 30231G102 5/26/04 9 Report on Stock Option Distribution S Against Against
by Race and Gender
Exxon Mobil Corp. XOM 30231G102 5/26/04 10 Amend EEO Statement to Include
Reference to Sexual Orientation S Against Against
Exxon Mobil Corp. XOM 30231G102 5/26/04 11 Report on Climate Change Research S Against Against
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Pinnacle West Capital PNW 723484101 5/19/04 1.1 Elect Director Roy A. Herberger, M For Withhold
Jr.
Corp.
Pinnacle West Capital PNW 723484101 5/19/04 1.2 Elect Director Humberto S. Lopez M For Withhold
Corp.
Pinnacle West Capital PNW 723484101 5/19/04 1.3 Elect Director Kathryn L. Munro M For Withhold
Corp.
Pinnacle West Capital PNW 723484101 5/19/04 1.4 Elect Director William L. Stewart M For Withhold
Corp.
Pinnacle West Capital PNW 723484101 5/19/04 2 Ratify Auditors M For For
Corp.
Pinnacle West Capital PNW 723484101 5/19/04 3 Report on Nuclear Fuel Storage RisksS Against Against
Corp.
Mattel, Inc. MAT 577081102 5/13/04 1.1 Elect Director Eugene P. Beard M For For
Mattel, Inc. MAT 577081102 5/13/04 1.2 Elect Director Michael J. Dolan M For For
Mattel, Inc. MAT 577081102 5/13/04 1.3 Elect Director Robert A. Eckert M For For
Mattel, Inc. MAT 577081102 5/13/04 1.4 Elect Director Tully M. Friedman M For For
Mattel, Inc. MAT 577081102 5/13/04 1.5 Elect Director Ronald M. Loeb M For For
Mattel, Inc. MAT 577081102 5/13/04 1.6 Elect Director Andrea L. Rich M For For
Mattel, Inc. MAT 577081102 5/13/04 1.7 Elect Director Ronald L. Sargent M For For
Mattel, Inc. MAT 577081102 5/13/04 1.8 Elect Director Christopher A. M For For
Sinclair
Mattel, Inc. MAT 577081102 5/13/04 1.9 Elect Director G. Craig Sullivan M For For
Mattel, Inc. MAT 577081102 5/13/04 1.10 Elect Director John L. Vogelstein M For For
Mattel, Inc. MAT 577081102 5/13/04 1.11 Elect Director Kathy Brittain White M For For
Mattel, Inc. MAT 577081102 5/13/04 2 Ratify Auditors M For For
Mattel, Inc. MAT 577081102 5/13/04 3 Limit Awards to Executives S Against Against
Mattel, Inc. MAT 577081102 5/13/04 4 Prohibit Auditor from Providing
Non-Audit Services S Against Against
Radian Group Inc. RDN 750236101 5/11/04 1.1 Elect Director James W. Jennings M For For
Radian Group Inc. RDN 750236101 5/11/04 1.2 Elect Director Roy J. Kasmar M For For
Radian Group Inc. RDN 750236101 5/11/04 1.3 Elect Director Herbert Wender M For For
Radian Group Inc. RDN 750236101 5/11/04 1.4 Elect Director Jan Nicholson M For For
Radian Group Inc. RDN 750236101 5/11/04 2 Amend Omnibus Stock Plan M For Against
Radian Group Inc. RDN 750236101 5/11/04 3 Amend Articles M For For
Radian Group Inc. RDN 750236101 5/11/04 4 Ratify Auditors M For For
J. C. Penney Co., Inc JCP 708160106 5/14/04 1.1 Elect Director Colleen C. Barrett M For Withhold
(HLDG CO)
J. C. Penney Co., Inc JCP 708160106 5/14/04 1.2 Elect Director M.Anthony Burns M For Withhold
(HLDG CO)
J. C. Penney Co., Inc JCP 708160106 5/14/04 1.3 Elect Director Maxine K. Clark M For Withhold
(HLDG CO)
J. C. Penney Co., Inc JCP 708160106 5/14/04 1.4 Elect Director Allen Questrom M For Withhold
(HLDG CO)
J. C. Penney Co., Inc JCP 708160106 5/14/04 2 Ratify Auditors M For For
(HLDG CO)
Masco Corp. MAS 574599106 5/11/04 1.1 Elect Director Peter A. Dow M For For
Masco Corp. MAS 574599106 5/11/04 1.2 Elect Director Anthony F. Earley, M For For
Jr.
Masco Corp. MAS 574599106 5/11/04 1.3 Elect Director Wayne B. Lyon M For For
Masco Corp. MAS 574599106 5/11/04 1.4 Elect Director David L. Johnston M For For
Masco Corp. MAS 574599106 5/11/04 1.5 Elect Director J. Michael Losh M For For
Masco Corp. MAS 574599106 5/11/04 2 Approve Executive Incentive Bonus M For For
Plan
Masco Corp. MAS 574599106 5/11/04 3 Ratify Auditors M For For
Equity Office Properties EOP 294741103 5/19/04 1.1 Elect Director Thomas E. Dobrowski M For For
Trust
Equity Office Properties EOP 294741103 5/19/04 1.2 Elect Director William M. Goodyear M For For
Trust
Equity Office Properties EOP 294741103 5/19/04 1.3 Elect Director James D. Harper, Jr. M For For
Trust
Equity Office Properties EOP 294741103 5/19/04 1.4 Elect Director Richard D. Kincaid M For For
Trust
Equity Office Properties EOP 294741103 5/19/04 1.5 Elect Director David K. Mckown M For For
Trust
Equity Office Properties EOP 294741103 5/19/04 1.6 Elect Director Sheli Z. Rosenberg M For For
Trust
Equity Office Properties EOP 294741103 5/19/04 1.7 Elect Director Edwin N. Sidman M For For
Trust
Equity Office Properties EOP 294741103 5/19/04 1.8 Elect Director J. H.W.R. Van Der M For For
Vlist
Trust
Equity Office Properties EOP 294741103 5/19/04 1.9 Elect Director Samuel Zell M For For
Trust
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Equity Office Properties EOP 294741103 5/19/04 2 Ratify Auditors M For For
Trust
Limited Brands LTD 532716107 5/17/04 1.1 Elect Director Eugene M. Freedman M For For
Limited Brands LTD 532716107 5/17/04 1.2 Elect Director V. Ann Hailey M For For
Limited Brands LTD 532716107 5/17/04 1.3 Elect Director David T. Kollat M For For
Limited Brands LTD 532716107 5/17/04 1.4 Elect Director Leslie H. Wexner M For For
Limited Brands LTD 532716107 5/17/04 2 Amend Omnibus Stock Plan M For For
Old Republic ORI 680223104 5/28/04 1.1 Elect Director Jimmy A. Dew M For For
International Corp.
Old Republic ORI 680223104 5/28/04 1.2 Elect Director John M. Dixon M For For
International Corp.
Old Republic ORI 680223104 5/28/04 1.3 Elect Director Wilbur S. Legg M For For
International Corp.
Old Republic ORI 680223104 5/28/04 1.4 Elect Director John W. Popp M For For
International Corp.
Edison International EIX 281020107 5/20/04 1.1 Elect Director John E. Bryson M For For
Edison International EIX 281020107 5/20/04 1.2 Elect Director France A. Cordova M For For
Edison International EIX 281020107 5/20/04 1.3 Elect Director Bradford M. Freeman M For For
Edison International EIX 281020107 5/20/04 1.4 Elect Director Bruce Karatz M For For
Edison International EIX 281020107 5/20/04 1.5 Elect Director Luis G. Nogales M For For
Edison International EIX 281020107 5/20/04 1.6 Elect Director Ronald L. Olson M For Withhold
Edison International EIX 281020107 5/20/04 1.7 Elect Director James M. Rosser M For For
Edison International EIX 281020107 5/20/04 1.8 Elect Director Richard T. M For For
Schlosberg, III
Edison International EIX 281020107 5/20/04 1.9 Elect Director Robert H. Smith M For For
Edison International EIX 281020107 5/20/04 1.10 Elect Director Thomas C. Sutton M For For
Edison International EIX 281020107 5/20/04 2 Submit Shareholder Rights Plan
(Poison Pill) to Shareholder Vote S Against For
Vishay Intertechnology, VSH 928298108 5/12/04 1.1 Elect Director Dr. Felix Zandman M For For
Inc.
Vishay Intertechnology, VSH 928298108 5/12/04 1.2 Elect Director Philippe Gazeau M For For
Inc.
Vishay Intertechnology, VSH 928298108 5/12/04 1.3 Elect Director Zvi Grinfas M For For
Inc.
Vishay Intertechnology, VSH 928298108 5/12/04 1.4 Elect Director Dr. Gerald Paul M For For
Inc.
Vishay Intertechnology, VSH 928298108 5/12/04 2 Ratify Auditors M For For
Inc.
Vishay Intertechnology, VSH 928298108 5/12/04 3 Amend Executive Incentive Bonus M For Against
Plan
Inc.
Vishay Intertechnology, VSH 928298108 5/12/04 4 Approve Restricted Stock Plan M For For
Inc.
Southwest Airlines Co. LUV 844741108 5/19/04 1.1 Elect Director Herbert D. Kelleher M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 1.2 Elect Director Rollin W. King M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 1.3 Elect Director June M. Morris M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 1.4 Elect Director C. Webb Crockett M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 1.5 Elect Director William P. Hobby M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 1.6 Elect Director Travis C. Johnson M For Withhold
Southwest Airlines Co. LUV 844741108 5/19/04 2 Ratify Auditors M For For
Lear Corporation LEA 521865105 5/13/04 1.1 Elect Director Larry W. McCurdy M For For
Lear Corporation LEA 521865105 5/13/04 1.2 Elect Director Roy E. Parrott M For For
Lear Corporation LEA 521865105 5/13/04 1.3 Elect Director Richard F. Wallman M For For
Lear Corporation LEA 521865105 5/13/04 2 Ratify Auditors M For For
Lear Corporation LEA 521865105 5/13/04 3 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
Hilton Hotels Corp. HLT 432848109 5/27/04 1.1 Elect Director A. Steven Crown M For For
Hilton Hotels Corp. HLT 432848109 5/27/04 1.2 Elect Director David Michels M For For
Hilton Hotels Corp. HLT 432848109 5/27/04 1.3 Elect Director John H. Myers M For For
Hilton Hotels Corp. HLT 432848109 5/27/04 1.4 Elect Director Donna F. Tuttle M For For
Hilton Hotels Corp. HLT 432848109 5/27/04 2 Ratify Auditors M For For
Hilton Hotels Corp. HLT 432848109 5/27/04 3 Approve Omnibus Stock Plan M For For
Hilton Hotels Corp. HLT 432848109 5/27/04 4 Approve Incentive Bonus Plan M For For
Hilton Hotels Corp. HLT 432848109 5/27/04 5 Declassify the Board of Directors S Against For
Hilton Hotels Corp. HLT 432848109 5/27/04 6 Require Majority of Independent
Directors on Board S Against Against
Northrop Grumman Corp. NOC 666807102 5/18/04 1.1 Elect Director Lewis W. Coleman M For Withhold
Northrop Grumman Corp. NOC 666807102 5/18/04 1.2 Elect Director J. Michael Cook M For Withhold
Northrop Grumman Corp. NOC 666807102 5/18/04 1.3 Elect Director Philip A. Odeen M For Withhold
Northrop Grumman Corp. NOC 666807102 5/18/04 1.4 Elect Director Aulana L. Peters M For Withhold
Northrop Grumman Corp. NOC 666807102 5/18/04 1.5 Elect Director Kevin W. Sharer M For Withhold
Northrop Grumman Corp. NOC 666807102 5/18/04 2 Ratify Auditors M For For
Northrop Grumman Corp. NOC 666807102 5/18/04 3 Develop Ethical Criteria for S Against Against
Military Contracts
Northrop Grumman Corp. NOC 666807102 5/18/04 4 Declassify the Board of Directors S Against For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Aon Corp. AOC 037389103 5/21/04 1.1 Elect Director Patrick G. Ryan M For Withhold
Aon Corp. AOC 037389103 5/21/04 1.2 Elect Director Edgar D. Jannotta M For Withhold
Aon Corp. AOC 037389103 5/21/04 1.3 Elect Director Jan Kalff M For Withhold
Aon Corp. AOC 037389103 5/21/04 1.4 Elect Director Lester B. Knight M For Withhold
Aon Corp. AOC 037389103 5/21/04 1.5 Elect Director J. Michael Losh M For Withhold
Aon Corp. AOC 037389103 5/21/04 1.6 Elect Director R. Eden Martin M For Withhold
Aon Corp. AOC 037389103 5/21/04 1.7 Elect Director Andrew J. McKenna M For Withhold
Aon Corp. AOC 037389103 5/21/04 1.8 Elect Director Robert S. Morrison M For Withhold
Aon Corp. AOC 037389103 5/21/04 1.9 Elect Director Richard C. Notebaert M For Withhold
Aon Corp. AOC 037389103 5/21/04 1.10 Elect Director Michael D. M For Withhold
O'Halleran
Aon Corp. AOC 037389103 5/21/04 1.11 Elect Director John W. Rogers, Jr. M For Withhold
Aon Corp. AOC 037389103 5/21/04 1.12 Elect Director Gloria Santona M For Withhold
Aon Corp. AOC 037389103 5/21/04 1.13 Elect Director Carolyn Y. Woo M For Withhold
Aon Corp. AOC 037389103 5/21/04 2 Ratify Auditors M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.1 Elect Director James W. Breyer M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.2 Elect Director M. Michele Burns M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.3 Elect Director Thomas M. Coughlin M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.4 Elect Director David D. Glass M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.5 Elect Director Roland A. Hernandez M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.6 Elect Director Dawn G. Lepore M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.7 Elect Director John D. Opie M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.8 Elect Director J. Paul Reason M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.9 Elect Director H. Lee Scott, Jr. M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.10 Elect Director Jack C. Shewmaker M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.11 Elect Director Jose H. Villarreal M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.12 Elect Director John T. Walton M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.13 Elect Director S. Robson Walton M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 1.14 Elect Director Christopher J. M For For
Williams
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 2 Approve Stock Option Plan M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 3 Approve Stock Option Plan M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 4 Amend Employee Stock Purchase Plan M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 5 Ratify Auditors M For For
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 6 Separate Chairman and CEO Positions S Against Against
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 7 Prepare Sustainability Report S Against Against
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 8 Report on Stock Option Distribution S Against Against
by Race and Gender
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 9 Report on Genetically Modified S Against Against
Organisms (GMO)
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 10 Prepare Diversity Report S Against Against
Wal-Mart Stores, Inc. WMT 931142103 6/4/04 11 Submit Executive Compensation to S Against Against
Vote
Viacom Inc. VIA 925524308 5/19/04 1.1 Elect Director George S. Abrams M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.2 Elect Director David R. Andelman M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.3 Elect Director Joseph A. Califano, M For Withhold
Jr.
Viacom Inc. VIA 925524308 5/19/04 1.4 Elect Director William S. Cohen M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.5 Elect Director Philippe P. Dauman M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.6 Elect Director Alan C. Greenberg M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.7 Elect Director Mel Karmazin M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.8 Elect Director Jan Leschly M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.9 Elect Director David T. McLaughlin M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.10 Elect Director Shari Redstone M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.11 Elect Director Sumner M. Redstone M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.12 Elect Director Frederic V. Salerno M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.13 Elect Director William Schwartz M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.14 Elect Director Patty Stonesifer M For Withhold
Viacom Inc. VIA 925524308 5/19/04 1.15 Elect Director Robert D. Walter M For Withhold
Viacom Inc. VIA 925524308 5/19/04 2 Ratify Auditors M For For
Viacom Inc. VIA 925524308 5/19/04 3 Approve Omnibus Stock Plan M For For
Viacom Inc. VIA 925524308 5/19/04 4 Amend Non-Employee Director Stock M For For
Option Plan
Lowe LOW 548661107 5/28/04 1.1 Elect Director Leonard L. Berry M For For
Lowe LOW 548661107 5/28/04 1.2 Elect Director Paul Fulton M For For
Lowe LOW 548661107 5/28/04 1.3 Elect Director Dawn E. Hudson M For Withhold
Lowe LOW 548661107 5/28/04 1.4 Elect Director Marshall O. Larsen M For For
Lowe LOW 548661107 5/28/04 1.5 Elect Director Robert A. Niblock M For For
Lowe LOW 548661107 5/28/04 1.6 Elect Director Stephen F. Page M For For
Lowe LOW 548661107 5/28/04 1.7 Elect Director O. Temple Sloan, Jr. M For For
Lowe LOW 548661107 5/28/04 1.8 Elect Director Robert L. Tillman M For For
Lowe LOW 548661107 5/28/04 2 Ratify Auditors M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 1 Approve Merger Agreement M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 2.1 Elect Director Hans W. Becherer M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 2.2 Elect Director Frank A. Bennack, Jr.M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
JP Morgan Chase & Co. JPM 46625H100 5/25/04 2.3 Elect Director John H. Biggs M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 2.4 Elect Director Lawrence A. Bossidy M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 2.5 Elect Director Ellen V. Futter M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 2.6 Elect Director William H. Gray, III M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 2.7 Elect Director William B. Harrison, M For For
Jr
JP Morgan Chase & Co. JPM 46625H100 5/25/04 2.8 Elect Director Helene L. Kaplan M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 2.9 Elect Director Lee R. Raymond M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 2.10 Elect Director John R. Stafford M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 3 Ratify Auditors M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 4 Amend Executive Incentive Bonus M For For
Plan
JP Morgan Chase & Co. JPM 46625H100 5/25/04 5 Adjourn Meeting M For For
JP Morgan Chase & Co. JPM 46625H100 5/25/04 6 Establish Term Limits for Directors S Against Against
JP Morgan Chase & Co. JPM 46625H100 5/25/04 7 Charitable Contributions S Against Against
JP Morgan Chase & Co. JPM 46625H100 5/25/04 8 Political Contributions S Against Against
JP Morgan Chase & Co. JPM 46625H100 5/25/04 9 Separate Chairman and CEO Positions S Against Against
JP Morgan Chase & Co. JPM 46625H100 5/25/04 10 Provide Adequate Disclosure for S Against Against
over the counter Derivatives
JP Morgan Chase & Co. JPM 46625H100 5/25/04 11 Auditor Independence S Against Against
JP Morgan Chase & Co. JPM 46625H100 5/25/04 12 Submit Non-Employee Director S Against Against
Compensation to Vote
JP Morgan Chase & Co. JPM 46625H100 5/25/04 13 Report on Pay Disparity S Against Against
Ace Ltd. ACE G0070K103 5/27/04 1.1 Elect Director Brian Duperreault M For For
Ace Ltd. ACE G0070K103 5/27/04 1.2 Elect Director Robert M. Hernandez M For For
Ace Ltd. ACE G0070K103 5/27/04 1.3 Elect Director Peter Menikoff M For For
Ace Ltd. ACE G0070K103 5/27/04 1.4 Elect Director Robert Ripp M For For
Ace Ltd. ACE G0070K103 5/27/04 1.5 Elect Director Dermot F. Smurfit M For For
Ace Ltd. ACE G0070K103 5/27/04 2 PROPOSAL TO APPROVE THE ACE LIMITED M For Against
2004 LONG-TERM INCENTIVE PLAN.
Ace Ltd. ACE G0070K103 5/27/04 3 PROPOSAL TO RATIFY THE APPOINTMENT M For For
OF PRICEWATERHOUSECOOPERS LLP AS
THE INDEPENDENT ACCOUNTANTS OF ACE
LIMITED FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2004.
Fannie Mae FNM 313586109 5/25/04 1.1 Elect Director Stephen B. Ashley M For For
Fannie Mae FNM 313586109 5/25/04 1.2 Elect Director Kenneth M. M For Withhold
Duberstein
Fannie Mae FNM 313586109 5/25/04 1.3 Elect Director Thomas P. Gerrity M For For
Fannie Mae FNM 313586109 5/25/04 1.4 Elect Director Timothy Howard M For For
Fannie Mae FNM 313586109 5/25/04 1.5 Elect Director Ann Korologos M For For
Fannie Mae FNM 313586109 5/25/04 1.6 Elect Director Frederic V. Malek M For For
Fannie Mae FNM 313586109 5/25/04 1.7 Elect Director Donald B. Marron M For For
Fannie Mae FNM 313586109 5/25/04 1.8 Elect Director Daniel H. Mudd M For For
Fannie Mae FNM 313586109 5/25/04 1.9 Elect Director Anne M. Mulcahy M For For
Fannie Mae FNM 313586109 5/25/04 1.10 Elect Director Joe K. Pickett M For For
Fannie Mae FNM 313586109 5/25/04 1.11 Elect Director Leslie Rahl M For For
Fannie Mae FNM 313586109 5/25/04 1.12 Elect Director Franklin D. Raines M For For
Fannie Mae FNM 313586109 5/25/04 1.13 Elect Director H. Patrick Swygert M For For
Fannie Mae FNM 313586109 5/25/04 2 Ratify Auditors M For For
Fannie Mae FNM 313586109 5/25/04 3 Amend Employee Stock Purchase Plan M For For
Fannie Mae FNM 313586109 5/25/04 4 Provide for Cumulative Voting S Against Against
The TJX Companies, Inc. TJX 872540109 6/1/04 1.1 Elect Director Gary L. Crittenden M For For
The TJX Companies, Inc. TJX 872540109 6/1/04 1.2 Elect Director Edmond J. English M For For
The TJX Companies, Inc. TJX 872540109 6/1/04 1.3 Elect Director Richard G. Lesser M For For
The TJX Companies, Inc. TJX 872540109 6/1/04 2 Amend Omnibus Stock Plan M For Against
The TJX Companies, Inc. TJX 872540109 6/1/04 3 Implement ILO Based Code of Conduct S Against Against
The TJX Companies, Inc. TJX 872540109 6/1/04 4 Report on Vendor Standards S Against Against
The TJX Companies, Inc. TJX 872540109 6/1/04 5 Declassify the Board of Directors S Against For
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 1.1 Elect Director Ferdinand A. Berger M For Withhold
(formerly Santa Fe
International Corp)
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 1.2 Elect Director Khaled R. Al-Haroon M For Withhold
(formerly Santa Fe
International Corp)
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 1.3 Elect Director Edward R. Muller M For Withhold
(formerly Santa Fe
International Corp)
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 1.4 Elect Director Paul J. Powers M For Withhold
(formerly Santa Fe
International Corp)
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF PUTNAM EQUITY INCOME FUND
Management
Mtg Ballot Item or Vote
Company Ticker Security Date Issues Description Shareholder Mgmt Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 1.5 Elect Director John L. Whitmire M For Withhold
(formerly Santa Fe
International Corp)
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 2 PROPOSAL TO APPROVE A SPECIAL M For For
(formerly Santa Fe RESOLUTION TO AMEND THE COMPANY S
International Corp) AMENDED AND RESTATED ARTICLES OF
ASSOCIATION TO PERMIT TELEPHONIC
AND INTERNET VOTING BY RECORD
SHAREHOLDERS.
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 3 PROPOSAL TO APPROVE A SPECIAL M For For
(formerly Santa Fe RESOLUTION TO AMEND THE COMPANY S
International Corp) AMENDED AND RESTATED ARTICLES OF
ASSOCIATION TO REMOVE THE LANGUAGE
NO SHARE OWNERSHIP QUALIFICATION
FOR DIRECTORS SHALL BE REQUIRED.
GLOBAL SANTA FE CORP. GSF G3930E101 6/9/04 4 PROPOSAL TO RATIFY THE APPOINTMENT M For For
(formerly Santa Fe OF PRICEWATERHOUSECOOPERS LLP AS
International Corp) THE INDEPENDENT CERTIFIED PUBLIC
ACCOUNTANTS OF THE COMPANY AND ITS
SUBSIDIARIES FOR THE YEAR ENDING
DECEMBER 31, 2004.
Bank of America Corp. BAC 060505104 5/26/04 1.1 Elect Director William Barnet, III M For For
Bank of America Corp. BAC 060505104 5/26/04 1.2 Elect Director Charles W. Coker M For For
Bank of America Corp. BAC 060505104 5/26/04 1.3 Elect Director John T. Collins M For For
Bank of America Corp. BAC 060505104 5/26/04 1.4 Elect Director Gary L. Countryman M For For
Bank of America Corp. BAC 060505104 5/26/04 1.5 Elect Director Paul Fulton M For For
Bank of America Corp. BAC 060505104 5/26/04 1.6 Elect Director Charles K. Gifford M For For
Bank of America Corp. BAC 060505104 5/26/04 1.7 Elect Director Donald E. Guinn M For For
Bank of America Corp. BAC 060505104 5/26/04 1.8 Elect Director James H. Hance, Jr. M For For
Bank of America Corp. BAC 060505104 5/26/04 1.9 Elect Director Kenneth D. Lewis M For For
Bank of America Corp. BAC 060505104 5/26/04 1.10 Elect Director Walter E. Massey M For For
Bank of America Corp. BAC 060505104 5/26/04 1.11 Elect Director Thomas J. May M For For
Bank of America Corp. BAC 060505104 5/26/04 1.12 Elect Director C. Steven McMillan M For For
Bank of America Corp. BAC 060505104 5/26/04 1.13 Elect Director Eugene M. McQuade M For For
Bank of America Corp. BAC 060505104 5/26/04 1.14 Elect Director Patricia E. Mitchell M For For
Bank of America Corp. BAC 060505104 5/26/04 1.15 Elect Director Edward L. Romero M For For
Bank of America Corp. BAC 060505104 5/26/04 1.16 Elect Director Thomas M. Ryan M For For
Bank of America Corp. BAC 060505104 5/26/04 1.17 Elect Director O. Temple Sloan, Jr. M For For
Bank of America Corp. BAC 060505104 5/26/04 1.18 Elect Director Meredith R. Spangler M For For
Bank of America Corp. BAC 060505104 5/26/04 1.19 Elect Director Jackie M. Ward M For For
Bank of America Corp. BAC 060505104 5/26/04 2 Ratify Auditors M For For
Bank of America Corp. BAC 060505104 5/26/04 3 Change Date of Annual Meeting S Against Against
Bank of America Corp. BAC 060505104 5/26/04 4 Adopt Nomination Procedures for the S Against Against
Board
Bank of America Corp. BAC 060505104 5/26/04 5 Charitable Contributions S Against Against
Bank of America Corp. BAC 060505104 5/26/04 6 Establish Independent Committee to S Against Against
Review Mutual Fund Policy
Bank of America Corp. BAC 060505104 5/26/04 7 Adopt Standards Regarding Privacy S Against Against
and Information Security
The PMI Group, Inc. PMI 69344M101 5/27/04 1.1 Elect Director Mariann Byerwalter M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.2 Elect Director James C. Castle M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.3 Elect Director Carmine Guerro M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.4 Elect Director W. Roger Haughton M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.5 Elect Director Wayne E. Hedien M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.6 Elect Director Louis G. Lower II M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.7 Elect Director Raymond L. Ocampo Jr.M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.8 Elect Director John D. Roach M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.9 Elect Director Kenneth T. Rosen M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.10 Elect Director Steven L. Scheid M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.11 Elect Director L. Stephen Smith M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.12 Elect Director Richard L. Thomas M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.13 Elect Director Mary Lee Widener M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 1.14 Elect Director Ronald H. Zech M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 2 Ratify Auditors M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 3 Amend Omnibus Stock Plan M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 4 Approve Deferred Compensation Plan M For For
The PMI Group, Inc. PMI 69344M101 5/27/04 5 Approve Executive Incentive Bonus M For For
Plan
Countrywide Financial CFC 222372104 6/16/04 1.1 Elect Director Henry G. Cisneros M For For
Corp.
Countrywide Financial CFC 222372104 6/16/04 1.2 Elect Director Robert J. Donato M For For
Countrywide Financial CFC 222372104 6/16/04 1.3 Elect Director Michael E. Dougherty M For For
Countrywide Financial CFC 222372104 6/16/04 1.4 Elect Director Martin R. Melone M For For
Countrywide Financial CFC 222372104 6/16/04 1.5 Elect Director Harley W. Snyder M For For
Countrywide Financial CFC 222372104 6/16/04 2 Amend Omnibus Stock Plan M For Against
Liberty Media Corp. L 530718105 6/9/04 1.1 Elect Director Robert R. Bennett M For For
Liberty Media Corp. L 530718105 6/9/04 1.2 Elect Director Paul A. Gould M For For
Liberty Media Corp. L 530718105 6/9/04 1.3 Elect Director John C. Malone M For For
Liberty Media Corp. L 530718105 6/9/04 2 Amend Executive Incentive Bonus M For For
Plan
Liberty Media Corp. L 530718105 6/9/04 3 Ratify Auditors M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 1, 2003 - December 31, 2004
PF PUTNAM RESEARCH FUND
Management
Ballot Item or Mgmt Vote
Company Ticker Security Mtg Date Issues Description Shareholder Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Dell Inc. DELL 247025109 2003-07-18 1.1 Elect Director Michael A. Miles M For Withhold
Dell Inc. DELL 247025109 2003-07-18 1.2 Elect Director Alex J. Mandl M For Withhold
Dell Inc. DELL 247025109 2003-07-18 1.3 Elect Director Morton L. Topfer M For Withhold
Dell Inc. DELL 247025109 2003-07-18 2 Declassify the Board of Directors M For For
Dell Inc. DELL 247025109 2003-07-18 3 Change Company Name M For For
Dell Inc. DELL 247025109 2003-07-18 4 Approve Executive Incentive M For For
Bonus Plan
Forest Laboratories, Inc. FRX 345838106 2003-08-11 1.1 Elect Director Howard Solomon M For Withhold
Forest Laboratories, Inc. FRX 345838106 2003-08-11 1.2 Elect Director William J. M For Withhold
Candee, III
Forest Laboratories, Inc. FRX 345838106 2003-08-11 1.3 Elect Director George S. Cohan M For Withhold
Forest Laboratories, Inc. FRX 345838106 2003-08-11 1.4 Elect Director Dan L. Goldwasser M For Withhold
Forest Laboratories, Inc. FRX 345838106 2003-08-11 1.5 Elect Director Lester B. M For Withhold
Salans, M.D.
Forest Laboratories, Inc. FRX 345838106 2003-08-11 1.6 Elect Director Kenneth E. Goodman M For Withhold
Forest Laboratories, Inc. FRX 345838106 2003-08-11 1.7 Elect Director Phillip M. Satow M For Withhold
Forest Laboratories, Inc. FRX 345838106 2003-08-11 2 Increase Authorized Common Stock M For For
Forest Laboratories, Inc. FRX 345838106 2003-08-11 3 Ratify Auditors M For For
BMC Software, Inc. BMC 055921100 2003-08-21 1.1 Elect Director B. Garland Cupp M For For
BMC Software, Inc. BMC 055921100 2003-08-21 1.2 Elect Director Robert E. Beauchamp M For For
BMC Software, Inc. BMC 055921100 2003-08-21 1.3 Elect Director Jon E. Barfield M For For
BMC Software, Inc. BMC 055921100 2003-08-21 1.4 Elect Director John W. Barter M For For
BMC Software, Inc. BMC 055921100 2003-08-21 1.5 Elect Director Meldon K. Gafner M For For
BMC Software, Inc. BMC 055921100 2003-08-21 1.6 Elect Director L.W. Gray M For For
BMC Software, Inc. BMC 055921100 2003-08-21 1.7 Elect Director Kathleen A. O'Neil M For For
BMC Software, Inc. BMC 055921100 2003-08-21 1.8 Elect Director George F. Raymond M For For
BMC Software, Inc. BMC 055921100 2003-08-21 1.9 Elect Director Tom C. Tinsley M For For
BMC Software, Inc. BMC 055921100 2003-08-21 2 Ratify Auditors M For For
Computer Associates CA 204912109 2003-08-27 1.1 Elect Director Russell M. Artzt M For For
International, Inc.
Computer Associates CA 204912109 2003-08-27 1.2 Elect Director Kenneth Cron M For For
International, Inc.
Computer Associates CA 204912109 2003-08-27 1.3 Elect Director Alfonse M. D'Amato M For For
International, Inc.
Computer Associates CA 204912109 2003-08-27 1.4 Elect Director Gary J. Fernandes M For For
International, Inc.
Computer Associates CA 204912109 2003-08-27 1.5 Elect Director Sanjay Kumar M For For
International, Inc.
Computer Associates CA 204912109 2003-08-27 1.6 Elect Director Robert E. La Blanc M For For
International, Inc.
Computer Associates CA 204912109 2003-08-27 1.7 Elect Director Jay W. Lorsch M For For
International, Inc.
Computer Associates CA 204912109 2003-08-27 1.8 Elect Director Lewis S. Ranieri M For For
International, Inc.
Computer Associates CA 204912109 2003-08-27 1.9 Elect Director Walter P. Schuetze M For For
International, Inc.
Computer Associates CA 204912109 2003-08-27 1.10 Elect Director Alex Serge Vieux M For For
International, Inc.
Computer Associates CA 204912109 2003-08-27 2 Approve Non-Employee Director M For For
International, Inc. Omnibus Stock Plan
Computer Associates CA 204912109 2003-08-27 3 Ratify Auditors M For For
International, Inc.
Medtronic, Inc. MDT 585055106 2003-08-28 1.1 Elect Director Richard H. Anderson M For Withhold
Medtronic, Inc. MDT 585055106 2003-08-28 1.2 Elect Director Michael R. M For Withhold
Bonsignore
Medtronic, Inc. MDT 585055106 2003-08-28 1.3 Elect Director Gordon M. Sprenger M For Withhold
Medtronic, Inc. MDT 585055106 2003-08-28 2 Ratify Auditors M For For
Medtronic, Inc. MDT 585055106 2003-08-28 3 Approve Omnibus Stock Plan M For For
Medtronic, Inc. MDT 585055106 2003-08-28 4 Approve Executive Incentive M For For
Bonus Plan
General Mills, Inc. GIS 370334104 2003-09-22 1.1 Elect Director Stephen R. Demeritt M For For
General Mills, Inc. GIS 370334104 2003-09-22 1.2 Elect Director Livio D. DeSimone M For For
General Mills, Inc. GIS 370334104 2003-09-22 1.3 Elect Director William T. Esrey M For For
General Mills, Inc. GIS 370334104 2003-09-22 1.4 Elect Director Raymond V. M For For
Gilmartin
General Mills, Inc. GIS 370334104 2003-09-22 1.5 Elect Director Judith Richards M For For
Hope
General Mills, Inc. GIS 370334104 2003-09-22 1.6 Elect Director Robert L. Johnson M For For
General Mills, Inc. GIS 370334104 2003-09-22 1.7 Elect Director John M. Keenan M For For
General Mills, Inc. GIS 370334104 2003-09-22 1.8 Elect Director Heidi G. Miller M For For
General Mills, Inc. GIS 370334104 2003-09-22 1.9 Elect Director Hilda M For For
Ochoa-Brillembourg
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 1, 2003 - December 31, 2004
PF PUTNAM RESEARCH FUND
Management
Ballot Item or Mgmt Vote
Company Ticker Security Mtg Date Issues Description Shareholder Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
General Mills, Inc. GIS 370334104 2003-09-22 1.10 Elect Director Stephen W. Sanger M For For
General Mills, Inc. GIS 370334104 2003-09-22 1.11 Elect Director A. Michael Spence M For For
General Mills, Inc. GIS 370334104 2003-09-22 1.12 Elect Director Dorothy A. Terrell M For For
General Mills, Inc. GIS 370334104 2003-09-22 1.13 Elect Director Raymond G. Viault M For For
General Mills, Inc. GIS 370334104 2003-09-22 1.14 Elect Director Paul S. Walsh M For For
General Mills, Inc. GIS 370334104 2003-09-22 2 Ratify Auditors M For For
General Mills, Inc. GIS 370334104 2003-09-22 3 Approve Omnibus Stock Plan M For Against
Darden Restaurants, Inc. DRI 237194105 2003-09-25 1.1 Elect Director Leonard L. Berry M For For
Darden Restaurants, Inc. DRI 237194105 2003-09-25 1.2 Elect Director Odie C. Donald M For For
Darden Restaurants, Inc. DRI 237194105 2003-09-25 1.3 Elect Director David H. Hughes M For For
Darden Restaurants, Inc. DRI 237194105 2003-09-25 1.4 Elect Director Joe R. Lee M For For
Darden Restaurants, Inc. DRI 237194105 2003-09-25 1.5 Elect Director Senator Connie M For For
Mack, III
Darden Restaurants, Inc. DRI 237194105 2003-09-25 1.6 Elect Director Richard E. Rivera M For For
Darden Restaurants, Inc. DRI 237194105 2003-09-25 1.7 Elect Director Michael D. Rose M For For
Darden Restaurants, Inc. DRI 237194105 2003-09-25 1.8 Elect Director Maria A. Sastre M For For
Darden Restaurants, Inc. DRI 237194105 2003-09-25 1.9 Elect Director Jack A. Smith M For For
Darden Restaurants, Inc. DRI 237194105 2003-09-25 1.10 Elect Director Blaine Sweatt, III M For For
Darden Restaurants, Inc. DRI 237194105 2003-09-25 1.11 Elect Director Rita P. Wilson M For For
Darden Restaurants, Inc. DRI 237194105 2003-09-25 2 Ratify Auditors M For For
Flextronics International FLEX Y2573F102 2003-09-30 1 Reelect Richard Sharp as Director M For Against
Flextronics International FLEX Y2573F102 2003-09-30 2a Reelect James Davidson as Director M For Against
Flextronics International FLEX Y2573F102 2003-09-30 2b Reelect Lip-Bu Tan as Director M For Against
Flextronics International FLEX Y2573F102 2003-09-30 3 Reelect Patrick Foley as Director M For Against
Flextronics International FLEX Y2573F102 2003-09-30 4 Reappoint Deloitte & Touche as M For For
Ltd. Auditors and Authorize Board to
Fix Their Remuneration
Flextronics International FLEX Y2573F102 2003-09-30 5 Amend 1997 Employee Share M For For
Ltd. Purchase Plan
Flextronics International FLEX Y2573F102 2003-09-30 6 Approve Issuance of Shares M For For
Ltd. without Preemptive Rights
Flextronics International FLEX Y2573F102 2003-09-30 7 Approve Nonexecutive Directors' M For For
Ltd. Fees
Flextronics International FLEX Y2573F102 2003-09-30 8 Authorize Share Repurchase Program M For For
Ltd.
Paychex, Inc. PAYX 704326107 2003-10-02 1.1 Elect Director B. Thomas Golisano M For Withhold
Paychex, Inc. PAYX 704326107 2003-10-02 1.2 Elect Director Betsy S. Atkins M For Withhold
Paychex, Inc. PAYX 704326107 2003-10-02 1.3 Elect Director G. Thomas Clark M For Withhold
Paychex, Inc. PAYX 704326107 2003-10-02 1.4 Elect Director David J. S. M For Withhold
Flaschen
Paychex, Inc. PAYX 704326107 2003-10-02 1.5 Elect Director Phillip Horsley M For Withhold
Paychex, Inc. PAYX 704326107 2003-10-02 1.6 Elect Director Grant M. Inman M For Withhold
Paychex, Inc. PAYX 704326107 2003-10-02 1.7 Elect Director J. Robert Sebo M For Withhold
Paychex, Inc. PAYX 704326107 2003-10-02 1.8 Elect Director Joseph M. Tucci M For Withhold
Oracle Corp. ORCL 68389X105 2003-10-13 1.1 Elect Director Lawrence J. Ellison M For For
Oracle Corp. ORCL 68389X105 2003-10-13 1.2 Elect Director Donald L. Lucas M For For
Oracle Corp. ORCL 68389X105 2003-10-13 1.3 Elect Director Michael J. Boskin M For For
Oracle Corp. ORCL 68389X105 2003-10-13 1.4 Elect Director Jeffrey O. Henley M For For
Oracle Corp. ORCL 68389X105 2003-10-13 1.5 Elect Director Jack F. Kemp M For For
Oracle Corp. ORCL 68389X105 2003-10-13 1.6 Elect Director Jeffrey Berg M For For
Oracle Corp. ORCL 68389X105 2003-10-13 1.7 Elect Director Safra Catz M For For
Oracle Corp. ORCL 68389X105 2003-10-13 1.8 Elect Director Hector M For For
Garcia-Molina
Oracle Corp. ORCL 68389X105 2003-10-13 1.9 Elect Director Joseph A. Grundfest M For For
Oracle Corp. ORCL 68389X105 2003-10-13 1.10 Elect Director H. Raymond Bingham M For For
Oracle Corp. ORCL 68389X105 2003-10-13 2 Approve Executive Incentive M For For
Bonus Plan
Oracle Corp. ORCL 68389X105 2003-10-13 3 Ratify Auditors M For For
Oracle Corp. ORCL 68389X105 2003-10-13 4 Amend Non-Employee Director M For For
Omnibus Stock Plan
Oracle Corp. ORCL 68389X105 2003-10-13 5 Implement China Principles S Against Against
Cintas Corp. CTAS 172908105 2003-10-14 1 Fix Number of Directors M For For
Cintas Corp. CTAS 172908105 2003-10-14 2.1 Elect Director Richard T. Farmer M For Withhold
Cintas Corp. CTAS 172908105 2003-10-14 2.2 Elect Director Robert J. Kohlhepp M For Withhold
Cintas Corp. CTAS 172908105 2003-10-14 2.3 Elect Director Scott D. Farmer M For Withhold
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 1, 2003 - December 31, 2004
PF PUTNAM RESEARCH FUND
Management
Ballot Item or Mgmt Vote
Company Ticker Security Mtg Date Issues Description Shareholder Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Cintas Corp. CTAS 172908105 2003-10-14 2.4 Elect Director Paul R. Carter M For Withhold
Cintas Corp. CTAS 172908105 2003-10-14 2.5 Elect Director Gerald V. Dirvin M For Withhold
Cintas Corp. CTAS 172908105 2003-10-14 2.6 Elect Director Robert J. Herbold M For Withhold
Cintas Corp. CTAS 172908105 2003-10-14 2.7 Elect Director Roger L. Howe M For Withhold
Cintas Corp. CTAS 172908105 2003-10-14 2.8 Elect Director David C. Phillips M For Withhold
Cintas Corp. CTAS 172908105 2003-10-14 3 Approve Non-Employee Director M For For
Stock Option Plan
Cintas Corp. CTAS 172908105 2003-10-14 4 Expense Stock Options S Against Against
Cintas Corp. CTAS 172908105 2003-10-14 5 Establish a Nominating Committee S Against For
of Independent Directors
Cintas Corp. CTAS 172908105 2003-10-14 6 Require Majority of Independent S Against For
Directors on Board
Cintas Corp. CTAS 172908105 2003-10-14 7 Report on Code of Conduct S Against Against
Cardinal Health, Inc. CAH 14149Y108 2003-11-05 1.1 Elect Director Dave Bing M For For
Cardinal Health, Inc. CAH 14149Y108 2003-11-05 1.2 Elect Director John F. Finn M For For
Cardinal Health, Inc. CAH 14149Y108 2003-11-05 1.3 Elect Director John F. Havens M For For
Cardinal Health, Inc. CAH 14149Y108 2003-11-05 1.4 Elect Director David W.
Raisbeck M For For
Cardinal Health, Inc. CAH 14149Y108 2003-11-05 1.5 Elect Director Robert D. Walter M For For
Microsoft Corp. MSFT 594918104 2003-11-11 1.1 Elect Director William H. M For Withhold
Gates, III
Microsoft Corp. MSFT 594918104 2003-11-11 1.2 Elect Director Steven A. Ballmer M For Withhold
Microsoft Corp. MSFT 594918104 2003-11-11 1.3 Elect Director James I. M For Withhold
Cash, Jr., Ph.D.
Microsoft Corp. MSFT 594918104 2003-11-11 1.4 Elect Director Raymond V. M For Withhold
Gilmartin
Microsoft Corp. MSFT 594918104 2003-11-11 1.5 Elect Director Ann McLaughlin M For Withhold
Korologos
Microsoft Corp. MSFT 594918104 2003-11-11 1.6 Elect Director David F. Marquardt M For Withhold
Microsoft Corp. MSFT 594918104 2003-11-11 1.7 Elect Director Charles H. Noski M For Withhold
Microsoft Corp. MSFT 594918104 2003-11-11 1.8 Elect Director Dr. Helmut Panke M For Withhold
Microsoft Corp. MSFT 594918104 2003-11-11 1.9 Elect Director Wm. G. Reed, Jr. M For Withhold
Microsoft Corp. MSFT 594918104 2003-11-11 1.10 Elect Director Jon A. Shirley M For Withhold
Microsoft Corp. MSFT 594918104 2003-11-11 2 Amend Omnibus Stock Plan M For Against
Microsoft Corp. MSFT 594918104 2003-11-11 3 Amend Non-Employee Director M For For
Stock Option Plan
Microsoft Corp. MSFT 594918104 2003-11-11 4 Refrain from Giving Charitable S Against Against
Contributions
Automatic Data ADP 053015103 2003-11-11 1.1 Elect Director Gregory D. M For For
Processing, Inc. Brenneman
Automatic Data ADP 053015103 2003-11-11 1.2 Elect Director Leslie A. Brun M For For
Processing, Inc.
Automatic Data ADP 053015103 2003-11-11 1.3 Elect Director Gary C. Butler M For For
Processing, Inc.
Automatic Data ADP 053015103 2003-11-11 1.4 Elect Director Joseph A. M For For
Processing, Inc. Califano, Jr.
Automatic Data ADP 053015103 2003-11-11 1.5 Elect Director Leon G. Cooperman M For For
Processing, Inc.
Automatic Data ADP 053015103 2003-11-11 1.6 Elect Director Ann Dibble Jordan M For For
Processing, Inc.
Automatic Data ADP 053015103 2003-11-11 1.7 Elect Director Harvey M. Krueger M For Withhold
Processing, Inc.
Automatic Data ADP 053015103 2003-11-11 1.8 Elect Director Frederic V. Malek M For For
Processing, Inc.
Automatic Data ADP 053015103 2003-11-11 1.9 Elect Director Henry Taub M For For
Processing, Inc.
Automatic Data ADP 053015103 2003-11-11 1.10 Elect Director Arthur F. Weinbach M For For
Processing, Inc.
Automatic Data ADP 053015103 2003-11-11 1.11 Elect Director Josh S. Weston M For For
Processing, Inc.
Automatic Data ADP 053015103 2003-11-11 2 Amend Stock Option Plan M For Against
Processing, Inc.
Automatic Data ADP 053015103 2003-11-11 3 Amend Employee Stock Purchase Plan M For For
Processing, Inc.
Automatic Data ADP 053015103 2003-11-11 4 Approve Outside Director Stock M For For
Processing, Inc. Awards in Lieu of Cash
Automatic Data ADP 053015103 2003-11-11 5 Ratify Auditors M For For
Processing, Inc.
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 1, 2003 - December 31, 2004
PF PUTNAM RESEARCH FUND
Management
Ballot Item or Mgmt Vote
Company Ticker Security Mtg Date Issues Description Shareholder Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
BIOGEN IDEC INC BIIB 449370105 2003-11-12 1 Approve Merger Agreement M For For
BIOGEN IDEC INC BIIB 449370105 2003-11-12 2 Increase Authorized Common Stock M For For
BIOGEN IDEC INC BIIB 449370105 2003-11-12 3 Approve Omnibus Stock Plan M For For
BIOGEN IDEC INC BIIB 449370105 2003-11-12 4 Approve Executive Incentive M For For
Bonus Plan
BIOGEN IDEC INC BIIB 449370105 2003-11-12 5 Adjourn Meeting M For For
BHP Billiton Limited BHP Q1498M100 2003-11-13 1 Accept Financial Statements for M For For
(Formerly BHP Ltd.) BHP Billiton Ltd and Statutory
Reports for the Year Ended
June 30, 2003
BHP Billiton Limited BHP Q1498M100 2003-11-13 2 Accept Financial Statements and M For For
(Formerly BHP Ltd.) Statutory Reports for BHP
Billiton Plc for the Year Ended
June 30, 2003
BHP Billiton Limited BHP Q1498M100 2003-11-13 3 Elect D C Brink as Director of M For Against
(Formerly BHP Ltd.) BHP Billiton Ltd
BHP Billiton Limited BHP Q1498M100 2003-11-13 4 Elect D C Brink as Director of M For Against
(Formerly BHP Ltd.) BHP Billiton Plc
BHP Billiton Limited BHP Q1498M100 2003-11-13 5 Elect M A Chaney as Director of M For Against
(Formerly BHP Ltd.) BHP Billiton Ltd
BHP Billiton Limited BHP Q1498M100 2003-11-13 6 Elect M A Chaney as Director of M For Against
(Formerly BHP Ltd.) BHP Billiton Plc
BHP Billiton Limited BHP Q1498M100 2003-11-13 7 Elect Lord Renwick of Clifton as M For Against
(Formerly BHP Ltd.) Director of BHP Billiton Ltd
BHP Billiton Limited BHP Q1498M100 2003-11-13 8 Elect Lord Renwick of Clifton as M For Against
(Formerly BHP Ltd.) Director of BHP Billitoon Plc
as Director
BHP Billiton Limited BHP Q1498M100 2003-11-13 9 Elect M Salamon as Director of M For Against
(Formerly BHP Ltd.) BHP Billiton Ltd
BHP Billiton Limited BHP Q1498M100 2003-11-13 10 Elect M Salamon as Director of M For Against
(Formerly BHP Ltd.) BHP Billiton Plc
BHP Billiton Limited BHP Q1498M100 2003-11-13 11 Elect J G Buchanan as Director of M For Against
(Formerly BHP Ltd.) BHP Billiton Ltd
BHP Billiton Limited BHP Q1498M100 2003-11-13 12 Elect J G Buchanan as Director of M For Against
(Formerly BHP Ltd.) BHP Billiton Plc
BHP Billiton Limited BHP Q1498M100 2003-11-13 13 Approve KPMG Audit Plc and M For For
(Formerly BHP Ltd.) PricewaterhouseCoopers LLP as
Auditors and Authorize Board to
Fix Their Remuneration
BHP Billiton Limited BHP Q1498M100 2003-11-13 14 Approve Authority to Allot Shares M For For
(Formerly BHP Ltd.) in BHP Billiton Plc
BHP Billiton Limited BHP Q1498M100 2003-11-13 15 Approve Renewal of Authority to M For For
(Formerly BHP Ltd.) Allot Equity Securities for Cash
BHP Billiton Limited BHP Q1498M100 2003-11-13 16 Authorize Share Repurchase Program M For For
(Formerly BHP Ltd.)
BHP Billiton Limited BHP Q1498M100 2003-11-13 17 Approve Remuneration Report for M For For
(Formerly BHP Ltd.) the Year Ended June 30, 2003
BHP Billiton Limited BHP Q1498M100 2003-11-13 18 Approve the Grant of Deferred M For For
(Formerly BHP Ltd.) Shares, Options and Performance
Shares to Executive Director and
Chief Executive Officer, C W
Goodyear Under the BHP Billiton
Limited Group Incentive Scheme
BHP Billiton Limited BHP Q1498M100 2003-11-13 19 Approve the Grant of Deferred M For For
(Formerly BHP Ltd.) Shares, Options and Performance
Shares to Executive Director and
Senior Minerals Executive, M
Salamon Under the BHP Billiton Plc
Group Incentive Scheme
AutoZone, Inc. AZO 053332102 2003-12-11 1.1 Elect Director Charles M. Elson M For For
AutoZone, Inc. AZO 053332102 2003-12-11 1.2 Elect Director Marsha J. Evans M For For
AutoZone, Inc. AZO 053332102 2003-12-11 1.3 Elect Director Earl G. Graves, Jr. M For For
AutoZone, Inc. AZO 053332102 2003-12-11 1.4 Elect Director N. Gerry House M For For
AutoZone, Inc. AZO 053332102 2003-12-11 1.5 Elect Director J.R. Hyde, III M For For
AutoZone, Inc. AZO 053332102 2003-12-11 1.6 Elect Director Edward S. Lampert M For For
AutoZone, Inc. AZO 053332102 2003-12-11 1.7 Elect Director W. Andrew McKenna M For For
AutoZone, Inc. AZO 053332102 2003-12-11 1.8 Elect Director Steve Odland M For For
AutoZone, Inc. AZO 053332102 2003-12-11 1.9 Elect Director James J. Postl M For For
AutoZone, Inc. AZO 053332102 2003-12-11 2 Ratify Auditors M For For
Apache Corp. APA 037411105 2003-12-18 1 Increase Authorized Common Stock M For For
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 1, 2003 - December 31, 2004
PF PUTNAM RESEARCH FUND
Management
Ballot Item or Mgmt Vote
Company Ticker Security Mtg Date Issues Description Shareholder Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Costco Wholesale COST 22160K105 2004-01-29 1.1 Elect Director Benjamin S. Carson, M For Withhold
Corporation Sr., M.D. as Class II Director
Costco Wholesale COST 22160K105 2004-01-29 1.2 Elect Director Hamilton E. James M For Withhold
Corporation as Class II Director
Costco Wholesale COST 22160K105 2004-01-29 1.3 Elect Director Jill S. Ruckelshaus M For Withhold
Corporation as Class II Director
Costco Wholesale COST 22160K105 2004-01-29 1.4 Elect Director William H. Gates, M For Withhold
Corporation II as Class II Director
Costco Wholesale COST 22160K105 2004-01-29 1.5 Elect Director Daniel J. Evans as M For Withhold
Corporation Class I Director
Costco Wholesale COST 22160K105 2004-01-29 2 Declassify the Board of Directors S Against For
Corporation
Costco Wholesale COST 22160K105 2004-01-29 3 Develop Land Procurement Policy S Against Against
Corporation
Costco Wholesale COST 22160K105 2004-01-29 4 Ratify Auditors M For For
D.R. Horton, Inc. DHI 23331A109 2004-01-29 1.1 Elect Director Donald R. Horton M For For
D.R. Horton, Inc. DHI 23331A109 2004-01-29 1.2 Elect Director Bradley S. Anderson M For For
D.R. Horton, Inc. DHI 23331A109 2004-01-29 1.3 Elect Director Michael R. Buchanan M For For
D.R. Horton, Inc. DHI 23331A109 2004-01-29 1.4 Elect Director Richard I. Galland M For For
D.R. Horton, Inc. DHI 23331A109 2004-01-29 1.5 Elect Director Francine I. Neff M For For
D.R. Horton, Inc. DHI 23331A109 2004-01-29 1.6 Elect Director Donald J. Tomnitz M For For
D.R. Horton, Inc. DHI 23331A109 2004-01-29 1.7 Elect Director Bill W. Wheat M For For
D.R. Horton, Inc. DHI 23331A109 2004-01-29 2 Amend Executive Incentive M For For
Bonus Plan
D.R. Horton, Inc. DHI 23331A109 2004-01-29 3 Other Business M For Against
ACCENTURE LTD BERMUDA ACN G1150G111 2004-02-05 1 Appoint Dennis F. Hightower, M For For
William L. Kimsey, Robert I. Lipp,
and Wulf von Schimmelmann as
Directors
ACCENTURE LTD BERMUDA ACN G1150G111 2004-02-05 2 Approve KPMG LLP as Independent M For For
Auditors and Authorize Board to
Fix Their Remuneration
ACCENTURE LTD BERMUDA ACN G1150G111 2004-02-05 3 Transact Other Business M None None
(Non-Voting)
Mgmt Rec - Company Management Recommended Vote
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
04/30/04 - A ALCOA INC. *AA* 013817101 02/02/04 11,600
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Report on Pay Disparity Against Against ShrHoldr
4 Submit Severance Agreement Against Against ShrHoldr
(Change-in-Control) to Shareholder Vote
04/29/04 - A ALTRIA GROUP, INC. *MO* 02209S103 03/08/04 11,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Report on Product Warnings for Pregnant Against Against ShrHoldr
Women
4 Report on Health Risks Associated with Against Against ShrHoldr
Cigarette Filters
5 Political Contributions/Activities Against Against ShrHoldr
6 Cease Use of Light and Ultra Light in Against Against ShrHoldr
Cigarette Marketing
7 Place Canadian Style Warnings on Cigarette Against Against ShrHoldr
Packaging
8 Separate Chairman and CEO Positions Against Against ShrHoldr
04/27/04 - A AMEREN CORPORATION *AEE* 023608102 03/11/04 2,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Report on Risks of Nuclear Waste Storage Against Against ShrHoldr
04/26/04 - A AMERICAN EXPRESS CO. *AXP* 025816109 02/27/04 5,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Establish Term Limits for Directors Against Against ShrHoldr
4 Report on Political Contributions/Activities Against Against ShrHoldr
05/19/04 - A AMERICAN INTERNATIONAL GROUP, INC. 026874107 03/26/04 7,200
*AIG*
1 Elect Directors For For Mgmt
2 Approve Executive Incentive Bonus Plan For For Mgmt
3 Approve Non-Employee Director Stock Option For For Mgmt
Plan
4 Ratify Auditors For For Mgmt
5 Report on Political Contributions/Activities Against Against ShrHoldr
6 Divest from Tobacco Equities Against Against ShrHoldr
7 Link Executive Compensation to Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 1
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
Predatory Lending
05/19/04 - A AT&T CORP. *T* 001957505 03/25/04 11,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Establish Term Limits for Directors Against Against ShrHoldr
5 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
6 Separate Chairman and CEO Positions Against For ShrHoldr
7 Report on Executive Compensation Against Against ShrHoldr
05/19/04 - A AT&T WIRELESS SERVICES, INC. *AWE* 00209A106 03/22/04 29,100
1 Approve Merger Agreement For For Mgmt
2 Elect Directors For For Mgmt
3 Ratify Auditors For For Mgmt
4 Limit Executive Compensation Against Against ShrHoldr
5 Prohibit Awards to Executives Against Against ShrHoldr
6 Require Affirmative Vote of a Majority of Against Against ShrHoldr
the Shares to Elect Directors
04/22/04 - A AVERY DENNISON CORP. *AVY* 053611109 02/23/04 4,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Executive Incentive Bonus Plan For For Mgmt
4 Amend Executive Incentive Bonus Plan For For Mgmt
03/17/04 - S BANK OF AMERICA CORP. *BAC* 060505104 01/26/04 3,000
1 Approve Merger Agreement For For Mgmt
2 Amend Omnibus Stock Plan For For Mgmt
3 Increase Authorized Common Stock For For Mgmt
4 Adjourn Meeting For For Mgmt
05/26/04 - A BANK OF AMERICA CORP. *BAC* 060505104 04/07/04 8,475
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Change Date of Annual Meeting Against Against ShrHoldr
4 Adopt Nomination Procedures for the Board Against Against ShrHoldr
5 Charitable Contributions Against Against ShrHoldr
6 Establish Independent Committee to Review Against Against ShrHoldr
Mutual Fund Policy
7 Adopt Standards Regarding Privacy Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 2
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
and Information Security
04/15/04 - A BP PLC (FORM. BP AMOCO PLC ) 055622104 02/23/04 9,300
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 TO ELECT MR A BURGMANS AS A DIRECTOR For For Mgmt
3 Ratify Auditors For For Mgmt
4 TO AMEND THE ARTICLES OF ASSOCIATION OF THE For For Mgmt
COMPANY
5 TO GIVE AUTHORITY TO ALLOT SHARES UP TO A For For Mgmt
SPECIFIED AMOUNT
6 SPECIAL RESOLUTION: TO GIVE AUTHORITY TO For For Mgmt
ALLOT A LIMITED NUMBER OF SHARES FOR CASH
WITHOUT MAKING AN OFFER TO SHAREHOLDERS
7 SPECIAL RESOLUTION: TO GIVE LIMITED For For Mgmt
AUTHORITY FOR THE PURCHASE OF ITS OWN
SHARES BY THE COMPANY
8 TO AUTHORISE THE USE OF TREASURY SHARES FOR For For Mgmt
EMPLOYEE SHARE SCHEMES
9 TO APPROVE THE DIRECTORS REMUNERATION REPORT For For Mgmt
10 TO DETERMINE THE LIMIT FOR THE AGGREGATE For For Mgmt
REMUNERATION OF THE NON-EXECUTIVE DIRECTORS
11 TO RECEIVE THE DIRECTORS ANNUAL REPORT AND For For Mgmt
THE ACCOUNTS
12 SPECIAL SHAREHOLDER RESOLUTION: TO INSTRUCT Against Against ShrHoldr
THE COMPANY TO PREPARE A REPORT MAKING
CERTAIN DISCLOSURES ON MATTERS OF CONTROL
AND RISK IN PROTECTED AND SENSITIVE AREAS
05/05/04 - A CELESTICA INC. *CLS.* 15101Q108 03/12/04 11,200
MEETING FOR SUBORDINATE VOTING AND MULTIPLE
VOTING SHAREHOLDERS
1 Elect Robert Crandall, William Etherington, For For Mgmt
Richard Love, Anthony Melman, Gerald
Schwartz, Charles Szuluk, Don Tapscott as
Directors
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 3
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
2 Approve Auditors and Authorize Board to Fix For For Mgmt
Remuneration of Auditors
04/28/04 - A CHEVRONTEXACO CORP. *CVX* 166764100 03/01/04 5,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Adopt Shareholder Rights Plan (Poison Pill) For For Mgmt
Policy
4 Amend Omnibus Stock Plan For For Mgmt
5 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr
TB, and Malaria Pandemic
6 Report on Political Contributions/Activities Against Against ShrHoldr
7 Require Affirmative Vote of a Majority of Against Against ShrHoldr
the Shares to Elect Directors
8 Report on Health and Environmental Against Against ShrHoldr
Initiatives in Ecuador
9 Report on Renewable Energy Against Against ShrHoldr
05/26/04 - A COMCAST CORP. *CMCSA* 20030N101 03/15/04 6,470
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Restricted Stock Plan For For Mgmt
4 Amend Articles/Bylaws/Charter-Non-Routine For For Mgmt
5 Require Two-Thirds Majority of Independent Against For ShrHoldr
Directors on Board
6 Political Contributions/Activities Against Against ShrHoldr
7 Nominate Two Directors for every open Against Against ShrHoldr
Directorships
8 Limit Executive Compensation Against Against ShrHoldr
9 Adopt a Recapitalization Plan Against For ShrHoldr
12/16/03 - A COMVERSE TECHNOLOGY, INC. *CMVT* 205862402 10/28/03 12,800
1 Elect Directors For For Mgmt
2 Amend Employee Stock Purchase Plan For For Mgmt
3 Approve Executive Incentive Bonus Plan For For Mgmt
4 Ratify Auditors For For Mgmt
06/15/04 - A COMVERSE TECHNOLOGY, INC. *CMVT* 205862402 04/27/04 9,200
1 Elect Directors For For Mgmt
2 Approve Omnibus Stock Plan For For Mgmt
3 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 4
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/11/04 - A ENSCO INTERNATIONAL, INC. *ESV* 26874Q100 03/15/04 11,300
1 Elect Directors For For Mgmt
05/19/04 - A EQUITY OFFICE PROPERTIES TRUST *EOP* 294741103 03/12/04 10,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/28/04 - A EQUITY RESIDENTIAL *EQR* 29476L107 03/29/04 5,500
1 Elect Directors For For Mgmt
2 Amend Articles/Bylaws/Charter to Remove For For Mgmt
Antitakeover Provision(s)
3 Ratify Auditors For For Mgmt
05/21/04 - A FEDERATED DEPARTMENT STORES, INC. 31410H101 04/02/04 5,000
*FD*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
4 Declassify the Board of Directors Against For ShrHoldr
05/18/04 - A FIRSTENERGY CORPORATION *FE* 337932107 03/23/04 8,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Declassify the Board of Directors For For Mgmt
4 Reduce Supermajority Vote Requirement For For Mgmt
5 Approve Deferred Compensation Plan For For Mgmt
6 Approve Deferred Compensation Plan For For Mgmt
7 Expense Stock Options Against For ShrHoldr
8 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
9 Report on Political Contributions/Activities Against Against ShrHoldr
10 Submit Severance Agreement Against For ShrHoldr
(Change-in-Control) to Shareholder Vote
03/17/04 - S FLEETBOSTON FINANCIAL CORP. 339030108 01/26/04 8,800
1 Approve Merger Agreement For For Mgmt
2 Adjourn Meeting For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 5
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/17/04 - A GLAXOSMITHKLINE PLC (FORMERLY GLAXO 37733W105 03/19/04 8,000
WELLCOME PLC )
MEETING FOR HOLDERS OF ADRS
1 TO RECEIVE AND ADOPT THE DIRECTORS REPORT For For Mgmt
AND THE FINANCIAL STATEMENTS (ORDINARY
RESOLUTION)
2 TO APPROVE THE REMUNERATION REPORT For For Mgmt
(ORDINARY RESOLUTION)
3 TO ELECT MR H LAWRENCE CULP AS A DIRECTOR For For Mgmt
(ORDINARY RESOLUTION)
4 TO ELECT MR CRISPIN DAVIS AS A DIRECTOR For For Mgmt
(ORDINARY RESOLUTION)
5 TO ELECT SIR ROBERT WILSON AS A DIRECTOR For For Mgmt
(ORDINARY RESOLUTION)
6 TO ELECT DR TACHI YAMADA AS A DIRECTOR For For Mgmt
(ORDINARY RESOLUTION)
7 TO RE-ELECT SIR CHRISTOPHER HOGG AS A For For Mgmt
DIRECTOR (ORDINARY RESOLUTION)
8 Ratify Auditors For For Mgmt
9 REMUNERATION OF AUDITORS (ORDINARY For For Mgmt
RESOLUTION)
10 AUTHORISE THE COMPANY TO MAKE DONATIONS TO For For Mgmt
EU POLITICAL ORGAN- ISATIONS AND INCUR EU
POLITICAL EXPENDITURE (SPECIAL BUSINESS)
11 DISAPPLICATION OF PRE-EMPTION RIGHTS For For Mgmt
(SPECIAL RESOLUTION)
12 AUTHORITY FOR THE COMPANY TO PURCHASE ITS For For Mgmt
OWN SHARES (SPECIAL RESOLUTION)
06/09/04 - A GLOBAL SANTA FE CORP.(FORMERLY SANTA G3930E101 04/07/04 6,700
FE INTERNATIONAL CORP) *GSF*
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 PROPOSAL TO APPROVE A SPECIAL RESOLUTION TO For For Mgmt
AMEND THE COMPANY S AMENDED AND RESTATED ARTICLES OF
ASSOCIATION TO PERMIT TELEPHONIC AND INTERNET
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 6
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
VOTING BY RECORD SHAREHOLDERS.
3 PROPOSAL TO APPROVE A SPECIAL RESOLUTION TO For For Mgmt
AMEND THE COMPANY S AMENDED AND RESTATED ARTICLES OF
ASSOCIATION TO REMOVE THE LANGUAGE NO SHARE
OWNERSHIP QUALIFICATION FOR DIRECTORS SHALL BE
REQUIRED.
4 PROPOSAL TO RATIFY THE APPOINTMENT OF For For Mgmt
PRICEWATERHOUSECOOPERS LLP AS THE INDEPENDENT
CERTIFIED PUBLIC ACCOUNTANTS OF THE COMPANY AND ITS
SUBSIDIARIES FOR THE YEAR ENDING DECEMBER 31, 2004.
05/27/04 - A HCA, INC. *HCA* 404119109 04/01/04 8,300
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Management Stock Purchase Plan For For Mgmt
03/17/04 - A HEWLETT-PACKARD CO. *HPQ* 428236103 01/20/04 20,000
1 Elect Directors For Split Mgmt
1.1 Elect Director L.T. Babbio, Jr. --- For
1.2 Elect Director P.C. Dunn --- For
1.3 Elect Director C.S. Fiorina --- For
1.4 Elect Director R.A. Hackborn --- For
1.5 Elect Director G.A. Keyworth II --- For
1.6 Elect Director R.E. Knowling, Jr. --- For
1.7 Elect Director S.M. Litvack --- Withhold
1.8 Elect Director R.L. Ryan --- For
1.9 Elect Director L.S. Salhany --- For
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Expense Stock Options Against For ShrHoldr
05/27/04 - A HOME DEPOT, INC. (THE) *HD* 437076102 03/29/04 7,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Establish Term Limits for Directors Against Against ShrHoldr
4 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
5 Performance- Based/Indexed Options Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 7
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
6 Adopt ILO Based Code of Conduct Against Against ShrHoldr
7 Submit Severance Agreement Against For ShrHoldr
(Change-in-Control) to Shareholder Vote
8 Require Affirmative Vote of the Majority of Against Against ShrHoldr
the Shares to Elect Directors
04/26/04 - A HONEYWELL INTERNATIONAL, INC. *HON* 438516106 02/27/04 11,800
1 Elect Directors For Split Mgmt
1.1 Elect Director James J. Howard --- Withhold
1.2 Elect Director Bruce Karatz --- Withhold
1.3 Elect Director Russell E. Palmer ---
Withhold
1.4 Elect Director Ivan G. Seidenberg ---
Withhold
1.5 Elect Director Eric K. Shinseki --- For
2 Ratify Auditors For For Mgmt
3 Declassify the Board of Directors Against For ShrHoldr
4 Amend Vote Requirements to Amend Against For ShrHoldr
Articles/Bylaws/Charter
5 Submit Severance Agreement Against For ShrHoldr
(Change-in-Control) to Shareholder Vote
6 Report on Pay Disparity Against Against ShrHoldr
7 Provide for Cumulative Voting Against For ShrHoldr
04/27/04 - A INTERNATIONAL BUSINESS MACHINES CORP. 459200101 02/27/04 2,400
*IBM*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Ratify Auditors for the Company's Business For For Mgmt
Consulting Services Unit
4 Approve Executive Incentive Bonus Plan For For Mgmt
5 Provide for Cumulative Voting Against For ShrHoldr
6 Amend Pension and Retirement Medical Against Against ShrHoldr
Insurance Plans
7 Submit Executive Compensation to Vote Against For ShrHoldr
8 Expense Stock Options Against For ShrHoldr
9 Limit Awards to Executives Against Against ShrHoldr
10 China Principles Against Against ShrHoldr
11 Report on Political Contributions/Activities Against Against ShrHoldr
12 Report on Executive Compensation Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 8
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/11/04 - A INTERNATIONAL PAPER CO. *IP* 460146103 03/17/04 8,400
1 Elect Directors For Split Mgmt
1.1 Elect Director Martha F. Brooks --- For
1.2 Elect Director James A. Henderson --- For
1.3 Elect Director Robert D. Kennedy --- For
1.4 Elect Director W. Craig McClelland ---
Withhold
1.5 Elect Director Robert M. Amen --- For
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
4 Amend Omnibus Stock Plan For For Mgmt
5 Limit Executive Compensation Against Against ShrHoldr
04/22/04 - A JOHNSON & JOHNSON *JNJ* 478160104 02/24/04 5,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Cease Charitable Contributions Against Against ShrHoldr
05/25/04 - A JP MORGAN CHASE & CO. *JPM* 46625H100 04/02/04 7,600
1 Approve Merger Agreement For For Mgmt
2 Elect Directors For For Mgmt
3 Ratify Auditors For For Mgmt
4 Amend Executive Incentive Bonus Plan For For Mgmt
5 Adjourn Meeting For For Mgmt
6 Establish Term Limits for Directors Against Against ShrHoldr
7 Charitable Contributions Against Against ShrHoldr
8 Political Contributions Against Against ShrHoldr
9 Separate Chairman and CEO Positions Against For ShrHoldr
10 Provide Adequate Disclosure for over the Against Against ShrHoldr
counter Derivatives
11 Auditor Independence Against Against ShrHoldr
12 Submit Non-Employee Director Compensation Against Against ShrHoldr
to Vote
13 Report on Pay Disparity Against Against ShrHoldr
04/29/04 - A KIMBERLY-CLARK CORP. *KMB* 494368103 03/01/04 6,600
1 Elect Directors For For Mgmt
1.1 Elect Director Pastora San Juan Cafferty
--- For
1.2 Elect Director Claudio X. Gonzalez --- For
1.3 Elect Director Linda Johnson Rice --- For
1.4 Elect Director Marc J. Shapiro --- For
2 Amend Omnibus Stock Plan For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 9
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 Ratify Auditors For For Mgmt
4 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
CITIGROUP SUPPORTS PROPOSALS THAT ASK A COMPANY TO SUBMIT
ITS POISON PILL FOR SHAREHOLDER RATIFICATION.
04/27/04 - A KRAFT FOODS INC *KFT* 50075N104 03/03/04 9,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
06/09/04 - A LIBERTY MEDIA CORP. *L* 530718105 04/21/04 33,500
1 Elect Directors For For Mgmt
2 Amend Executive Incentive Bonus Plan For For Mgmt
3 Ratify Auditors For For Mgmt
04/22/04 - A LOCKHEED MARTIN CORP. *LMT* 539830109 03/01/04 3,500
1 Elect Directors For Split Mgmt
1.1 Elect Director E.C. 'Pete' Aldridge, Jr.
--- For
1.2 Elect Director Nolan D. Archibald --- For
1.3 Elect Director Norman R. Augustine ---
Withhold
1.4 Elect Director Marcus C. Bennett --- For
1.5 Elect Director Vance D. Coffman --- For
1.6 Elect Director Gwendolyn S. King --- For
1.7 Elect Director Douglas H. McCorkindale ---
For
1.8 Elect Director Eugene F. Murphy --- For
1.9 Elect Director Joseph W. Ralston ---
Withhold
1.10 Elect Director Frank Savage --- For
1.11 Elect Director Anne Stevens --- For
1.12 Elect Director Robert J. Stevens --- For
1.13 Elect Director James R. Ukropina --- For
1.14 Elect Director Douglas C. Yearley --- For
2 Ratify Auditors For For Mgmt
3 Report on Executive Ties to Government Against Against ShrHoldr
4 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
5 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr
Services
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 10
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
6 Develop Ethical Criteria for Military Against Against ShrHoldr
Contracts
05/11/04 - A LOEWS CORP. *LTR* 540424108 03/15/04 6,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Provide for Cumulative Voting Against For ShrHoldr
4 Support Legislation and Make Public Against Against ShrHoldr
Statements on Environmental Tobacco Smoke
5 Cease Charitable Contributions Against Against ShrHoldr
02/18/04 - A LUCENT TECHNOLOGIES INC. *LU* 549463107 12/22/03 81,100
1 Elect Directors For For Mgmt
2 Declassify the Board of Directors and Amend For For Mgmt
Director Removal Provision
3 Approve Non-Employee Director Omnibus Stock For For Mgmt
Plan
4 Approve Reverse Stock Split For For Mgmt
SHAREHOLDER PROPOSALS
5 Submit Severance Agreement Against For ShrHoldr
(Change-in-Control) to Shareholder Vote
6 Prohibit Awards to Executives Against Against ShrHoldr
05/03/04 - A MBNA CORP. *KRB* 55262L100 02/13/04 11,400
1 Elect Directors For For Mgmt
1.1 Elect Director James H. Berick --- For
1.2 Elect Director Benjamin R. Civiletti --- For
1.3 Elect Director Bruce L. Hammonds --- For
1.4 Elect Director William L. Jews --- For
1.5 Elect Director Randolph D. Lerner --- For
1.6 Elect Director Stuart L. Markowitz --- For
1.7 Elect Director William B. Milstead --- For
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against For ShrHoldr
CITIGROUP SUPPORTS EXPENSING STOCK OPTIONS.
4 Require Majority of Independent Directors Against For ShrHoldr
on Board
CITIGROUP SUPPORTS MAJORITY INDEPENDENT BOARD.
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 11
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
05/20/04 - A MCDONALD'S CORP. *MCD* 580135101 03/22/04 15,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
4 Approve/Amend Executive Incentive Bonus Plan For For Mgmt
04/27/04 - A MERCK & CO., INC. *MRK* 589331107 02/24/04 6,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Declassify the Board of Directors For For Mgmt
4 Prohibit Awards to Executives Against Against ShrHoldr
5 Develop Ethical Criteria for Patent Against Against ShrHoldr
Extension
6 Link Executive Compensation to Social Issues Against Against ShrHoldr
7 Report on Political Contributions Against Against ShrHoldr
8 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr
TB, and Malaria Pandemic
04/23/04 - A MERRILL LYNCH & CO., INC. *MER* 590188108 02/24/04 6,300
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Restore or Provide for Cumulative Voting Against For ShrHoldr
4 Separate Chairman and CEO Positions Against Against ShrHoldr
04/20/04 - A MORGAN STANLEY *MWD* 617446448 02/20/04 4,800
1 Elect Directors For Split Mgmt
1.1 Elect Director John W. Madigan --- Withhold
1.2 Elect Director Dr. Klaus Zumwinkel --- For
1.3 Elect Director Sir Howard Davies --- For
2 Ratify Auditors For For Mgmt
3 Declassify the Board of Directors Against For ShrHoldr
4 Submit Severance Agreement Against For ShrHoldr
(Change-in-Control) to Shareholder Vote
5 Report on Political Contributions/Activities Against Against ShrHoldr
06/01/04 - A NABORS INDUSTRIES, LTD. *NBR* G6359F103 04/08/04 6,100
MEETING FOR HOLDERS OF ADRS
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 12
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 SHAREHOLDER PROPOSAL TO CHANGE NABORS Against Against Mgmt
JURISDICTION OF INCORPORATION FROM BERMUDA
TO DELAWARE.
05/12/04 - A NEWELL RUBBERMAID INC. *NWL* 651229106 03/15/04 8,300
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
05/11/04 - A NISOURCE INC. *NI* 65473P105 03/16/04 12,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
03/25/04 - A NOKIA CORP. 654902204 01/30/04 16,700
MEETING FOR HOLDERS OF ADRS
1 APPROVAL OF THE INCOME STATEMENTS AND THE For For Mgmt
BALANCE SHEETS.
2 APPROVAL OF A DIVIDEND OF EUR 0.30 PER For For Mgmt
SHARE.
3 APPROVAL OF THE DISCHARGE OF THE CHAIRMAN, For For Mgmt
THE MEMBERS OF THE BOARD OF DIRECTORS AND
THE PRESIDENT FROM LIABILITY.
4 Elect Directors For For Mgmt
5 Ratify Auditors For For Mgmt
6 APPROVAL OF THE PROPOSAL OF THE BOARD TO For For Mgmt
REDUCE THE SHARE CAPITAL THROUGH
CANCELLATION OF NOKIA SHARES HELD BY THE
COMPANY
7 APPROVAL OF THE AUTHORIZATION TO THE BOARD For For Mgmt
TO INCREASE THE SHARE CAPITAL OF THE
COMPANY.
8 APPROVAL OF THE AUTHORIZATION TO THE BOARD For For Mgmt
TO REPURCHASE NOKIA SHARES.
9 APPROVAL OF THE AUTHORIZATION TO THE BOARD For For Mgmt
TO DISPOSE NOKIA SHARES HELD BY THE COMPANY.
10 APPROVAL OF THE PROPOSAL OF THE BOARD TO For For Mgmt
INCREASE THE CAPITAL OF THE FOUNDATION OF
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 13
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
NOKIA CORPORATION.
11 MARK THE FOR BOX IF YOU WISH TO INSTRUCT None For Mgmt
THE DEPOSITARY TO GIVE A PROXY TO ANY ONE
OF MARIANNA UOTINEN-TARKOMA, ESA
KAUNISTOLA, BOTH LEGAL COUNSELS OF NOKIA
CORPORATION, TO AUTHORIZE ANY OF THEM (WITH
FULL POWER OF SUBSTITUTION) TO VOTE, IN
THEIR DISCR
04/15/04 - A NOVELL, INC. *NOVL* 670006105 02/20/04 11,600
1 Elect Directors For For Mgmt
2 Expense Stock Options 8 Against For ShrHoldr
3 Performance-Based/Indexed Options Against Against ShrHoldr
4 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr
Services
04/22/04 - A PFIZER INC. *PFE* 717081103 02/27/04 18,900
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr
TB, and Malaria Pandemic
5 Cease Political Contributions/Activities Against Against ShrHoldr
6 Report on Political Contributions/Activities Against Against ShrHoldr
7 Establish Term Limits for Directors Against Against ShrHoldr
8 Report on Drug Pricing Against Against ShrHoldr
9 Limit Awards to Executives Against Against ShrHoldr
10 Amend Animal Testing Policy Against Against ShrHoldr
05/12/04 - A PROGRESS ENERGY, INC. *PGN* 743263105 03/05/04 5,500
1 Elect Directors For For Mgmt
2 Prohibit Awards to Executives Against Against ShrHoldr
06/28/04 - A ROYAL DUTCH PETROLEUM CO. 780257804 05/20/04 7,400
MEETING FOR HOLDERS OF ADRS
1 FINALIZATION OF THE BALANCE SHEET AS AT For For Mgmt
DECEMBER 31, 2003, THE PROFIT AND LOSS ACCOUNT FOR
THE YEAR 2003 AND THE NOTES TO THE BALANCE SHEET AND
THE PROFIT AND LOSS ACCOUNT.
2 DECLARATION OF THE TOTAL For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 14
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
DIVIDEND FOR THE YEAR 2003.
3 DISCHARGE OF THE MANAGING DIRECTORS OF For Against Mgmt
RESPONSIBILITY IN RESPECT OF THEIR
MANAGEMENT FOR THE YEAR 2003.
4 DISCHARGE OF THE MEMBERS OF THE SUPERVISORY For Against Mgmt
BOARD OF RESPONSIBILITY FOR THEIR
SUPERVISION FOR THE YEAR 2003.
5 APPOINTMENT OF MS. L.Z. COOK AS A MANAGING For For Mgmt
DIRECTOR OF THE COMPANY.*
6 APPOINTMENT OF MRS. CH. MORIN-POSTEL AS A For For Mgmt
MEMBER OF THE SUPERVISORY BOARD.*
7 APPOINTMENT OF MR. M.A. VAN DEN BERGH AS A For For Mgmt
MEMBER OF THE SUPERVISORY BOARD OWING TO
RETIREMENT BY ROTATION.*
8 REDUCTION OF THE ISSUED SHARE CAPITAL WITH For For Mgmt
A VIEW TO CANCELLA- TION OF THE SHARES ACQUIRED BY
THE COMPANY IN ITS OWN CAPITAL.
9 AUTHORIZATION OF THE BOARD OF MANAGEMENT, For For Mgmt
PURSUANT TO ARTICLE 98, BOOK 2 OF THE NETHERLANDS
CIVIL CODE, AS THE COMPETENT BODY TO ACQUIRE SHARES
IN THE CAPITAL OF THE COMPANY.
05/20/04 - A SAFEWAY INC. *SWY* 786514208 03/25/04 16,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Declassify the Board of Directors For For Mgmt
4 Approve Repricing of Options For For Mgmt
5 Amend Bylaws to Require Independent Against Against ShrHoldr
Director as Chairman of the Board
6 Provide for Cumulative Voting Against For ShrHoldr
7 Report on Genetically Modified Organisms Against Against ShrHoldr
(GMO)
8 Prepare Sustainability Report Against Against ShrHoldr
9 Report on Political Contributions Against Against ShrHoldr
10 Expense Stock Options Against For ShrHoldr
04/30/04 - A SBC COMMUNICATIONS INC. *SBC* 78387G103 03/02/04 15,000
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 15
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 Amend Bylaws For For Mgmt
4 Report on Political Contributions/Activities Against Against ShrHoldr
5 Change Size of Board of Directors Against Against ShrHoldr
05/19/04 - A TARGET CORPORATION *TGT* 87612E106 03/22/04 8,100
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Omnibus Stock Plan For For Mgmt
04/13/04 - A THE BANK OF NEW YORK CO., INC. *BK* 064057102 02/23/04 9,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Amend Executive Incentive Bonus Plan For For Mgmt
4 Report on Political Contributions Against Against ShrHoldr
5 Limit Executive Compensation Against Against ShrHoldr
6 Limit Composition of Committee to Against Against ShrHoldr
Independent Directors
7 Submit Shareholder Rights Plan (Poison Against For ShrHoldr
Pill) to Shareholder Vote
05/03/04 - A THE BOEING CO. *BA* 097023105 03/05/04 6,200
1 Elect Directors For For Mgmt
2 Reduce Supermajority Vote Requirement For For Mgmt
3 Ratify Auditors For For Mgmt
4 Develop Ethical Criteria for Military Against Against ShrHoldr
Contracts
5 Adopt Amended Workplace Code of Conduct Against Against ShrHoldr
6 Declassify the Board of Directors Against For ShrHoldr
7 Amend Vote Requirements to Amend Against For ShrHoldr
Articles/Bylaws/Charter
8 Submit Severance Agreement Against For ShrHoldr
(Change-in-Control) to Shareholder Vote
9 Adopt a Policy that will Commit Executive & Against Against ShrHoldr
Directors to Hold at least 75% of their
Shares
10 Provide Employees Choice of Pension Plans Against Against ShrHoldr
at Retirement or Termination
05/13/04 - A THE DOW CHEMICAL COMPANY *DOW* 260543103 03/15/04 3,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 16
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 Declassify the Board of Directors For For Mgmt
4 Report on Social Initiatives in Bhopal Against Against ShrHoldr
03/31/04 - A THE GOLDMAN SACHS GROUP, INC. *GS* 38141G104 02/02/04 2,800
1 Elect Directors For For Mgmt
1.1 Elect Director Lloyd C. Blankfein --- For
1.2 Elect Director Lord Browne Of Madingley ---
For
1.3 Elect Director Claes Dahlback --- For
1.4 Elect Director James A. Johnson --- For
1.5 Elect Director Lois D. Juliber --- For
2 Ratify Auditors For For Mgmt
3 Declassify the Board of Directors Against For ShrHoldr
THE ABILITY TO ELECT DIRECTORS IS THE SINGLE MOST
IMPORTANT USE OF THE SHAREHOLDER FRANCHISE, AND
ALL DIRECTORS SHOULD BE ACCOUNTABLE ON AN ANNUAL
BASIS.
05/20/04 - A THE HARTFORD FINANCIAL SERVICES 416515104 03/22/04 3,500
GROUP, INC. *HIG*
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Limit Executive Compensation Against Against ShrHoldr
06/24/04 - A THE KROGER CO. *KR* 501044101 04/26/04 25,200
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Declassify the Board of Directors Against For ShrHoldr
4 Separate Chairman and CEO Positions Against Against ShrHoldr
5 Submit Severance Agreement Against Against ShrHoldr
(Change-in-Control) to Shareholder Vote
03/19/04 - S THE ST. PAUL TRAVELERS COMPANIES, 792860108 02/06/04 5,500
INC. *STA*
1 Issue Shares in Connection with a Merger For For Mgmt
Agreement
2 Amend Bylaws For For Mgmt
3 Amend Articles For For Mgmt
4 Reduce Supermajority Vote Requirement For For Mgmt
05/21/04 - A TIME WARNER INC *TWX* 887317105 03/23/04 19,300
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 17
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 Adopt China Principles Against Against ShrHoldr
4 Report on Pay Disparity Against Against ShrHoldr
05/14/04 - A TOTAL S.A. (FORMERLY TOTAL FINA ELF 89151E109 03/24/04 4,700
S.A )
MEETING FOR HOLDERS OF ADRS
1 APPROVAL OF CERTAIN REPORTS AND OF THE For For Mgmt
PARENT COMPANY S FINANCIAL STATEMENTS
2 APPROVAL OF CONSOLIDATED FINANCIAL For For Mgmt
STATEMENTS
3 ALLOCATION OF INCOME, APPROVAL OF THE For For Mgmt
DIVIDEND
4 AGREEMENTS MENTIONED IN ARTICLE L. 225-38 For For Mgmt
OF THE FRENCH COMMERCIAL CODE
5 AUTHORIZATION TO TRADE THE COMPANY S OWN For For Mgmt
SHARES
6 AUTHORIZATION FOR THE BOARD OF DIRECTORS TO For For Mgmt
ISSUE DEBT SECURITIES AND/OR PERPETUAL
SUBORDINATED NOTES FOR A MAXIMUM NOMINAL
AMOUNT OF 10 BILLION EUROS
7 Elect Directors For For Mgmt
8 APPOINTMENT OF DANIEL BOEUF AS A DIRECTOR For For Mgmt
REPRESENTING EMPLOYEE SHAREHOLDERS IN
APPLICATION OF ARTICLE 11 OF THE ARTICLES
OF INCORPORATION
9 APPOINTMENT OF PHILIPPE MARCHANDISE AS A Against Against Mgmt
DIRECTOR REPRESENTING EMPLOYEE SHAREHOLDERS
IN APPLICATION OF ARTICLE 11 OF THE
ARTICLES OF INCORPORATION
10 APPOINTMENT OF CYRIL MOUCHE AS A DIRECTOR Against Against Mgmt
REPRESENTING EMPLOYEE SHAREHOLDERS IN
APPLICATION OF ARTICLE 11 OF THE ARTICLES
OF INCORPORATION
11 APPOINTMENT OF ALAN CRAMER AS A DIRECTOR Against Against Mgmt
REPRESENTING EMPLOYEE SHAREHOLDERS IN
APPLICATION OF ARTICLE 11 OF THE ARTICLES
OF INCORPORATION
12 Ratify Auditors For For Mgmt
13 RENEWAL OF STATUTORY AUDITORS For For Mgmt
14 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 18
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
15 Ratify Auditors For For Mgmt
16 DETERMINATION OF THE TOTAL AMOUNT OF For For Mgmt
DIRECTORS COMPENSATION
17 AUTHORIZATION TO AWARD OPTIONS TO SUBSCRIBE For For Mgmt
FOR OR PURCHASE STOCK OF THE COMPANY IN
FAVOUR OF THE MANAGEMENT AND KEY EMPLOYEES
OF THE GROUP
18 AUTHORIZATION FOR ISSUING CONVERTIBLE OR For For Mgmt
OTHER EQUITY SECURITIES
19 AUTHORIZATION TO USE THE ABOVE DELEGATION For For Mgmt
WITHOUT MAINTENANCE OF PREFERENTIAL
SUBSCRIPTION RIGHTS, BUT WITH AN OPTION TO
GRANT A PRIORITY PERIOD
20 CAPITAL INCREASE RESERVED FOR EMPLOYEES For For Mgmt
04/20/04 - A U.S. BANCORP *USB* 902973304 02/26/04 11,400
1 Elect Directors For Withhold Mgmt
2 Ratify Auditors For For Mgmt
3 Limit Executive Compensation Against Against ShrHoldr
4 Submit Executive Compensation to Vote Against Against ShrHoldr
5 Amend Vote Requirements to Amend Against For ShrHoldr
Articles/Bylaws/Charter
04/14/04 - A UNITED TECHNOLOGIES CORP. *UTX* 913017109 02/17/04 2,500
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Disclosure of Executive Compensation Against Against ShrHoldr
4 Develop Ethical Criteria for Military Against Against ShrHoldr
Contracts
5 Performance-Based/Indexed Options Against Against ShrHoldr
6 Separate Chairman and CEO Positions Against Against ShrHoldr
04/20/04 - A WACHOVIA CORP. *WB* 929903102 02/18/04 5,600
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Require Two Candidates for Each Board Seat Against Against ShrHoldr
4 Report on Political Contributions/Activities Against Against ShrHoldr
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 19
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
5 Separate Chairman and CEO Positions Against Against ShrHoldr
04/28/04 - A WADDELL & REED FINANCIAL, INC. *WDR* 930059100 03/03/04 9,600
1 Elect Directors For For Mgmt
04/20/04 - A WASHINGTON MUTUAL, INC *WM* 939322103 02/27/04 5,700
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Limit Executive Compensation Against Against ShrHoldr
05/14/04 - A WASTE MANAGEMENT, INC. *WMI* 94106L109 03/19/04 7,400
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For For Mgmt
4 Approve Executive Incentive Bonus Plan For For Mgmt
04/27/04 - A WELLS FARGO & COMPANY *WFC* 949746101 03/09/04 4,700
1 Elect Directors For Split Mgmt
1.1 Elect Director J.A. Blanchard III --- For
1.2 Elect Director Susan E. Engel --- For
1.3 Elect Director Enrique Hernandez, Jr. ---
For
1.4 Elect Director Robert L. Joss --- For
1.5 Elect Director Reatha Clark King --- For
1.6 Elect Director Richard M. Kovacevich --- For
1.7 Elect Director Richard D. McCormick --- For
1.8 Elect Director Cynthia H. Milligan --- For
1.9 Elect Director Philip J. Quigley --- For
1.10 Elect Director Donald B. Rice --- Withhold
1.11 Elect Director Judith M. Runstad ---
Withhold
1.12 Elect Director Stephen W. Sanger --- For
1.13 Elect Director Susan G. Swenson --- For
1.14 Elect Director Michael W. Wright ---
Withhold
2 Approve Retirement Plan For Against Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 20
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF SALOMON BROTHERS LARGE-CAP VALUE FUND
Mtg Company/ Mgmt Vote Record Shares
Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted
- ------------------------------------------------------------------------------------------------------------------------------------
3 Ratify Auditors For For Mgmt
4 Expense Stock Options Against For ShrHoldr
5 Limit Executive Compensation Against Against ShrHoldr
6 Link Executive Compensation to Social Issues Against Against ShrHoldr
7 Report on Political Contributions/Activities Against Against ShrHoldr
04/22/04 - A WYETH *WYE* 983024100 03/12/04 5,800
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
3 Report on Drug Pricing Against Against ShrHoldr
4 Amend Animal Testing Policy Against Against ShrHoldr
04/30/04 - A XL CAPITAL LTD (FORMERLY EXEL LTD. ) G98255105 03/15/04 1,400
*XL*
MEETING FOR HOLDERS OF ADRS
1 Elect Directors For For Mgmt
2 Ratify Auditors For For Mgmt
- --------------------------------------------------------------------------------
Mgmt Rec - Company Management Recommended Vote Page 21
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 1.1 Elect Director J. Deutch M For For
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 1.2 Elect Director J.S. Gorelick M For For
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 1.3 Elect Director A. Gould M For For
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 1.4 Elect Director T. Isaac M For For
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 1.5 Elect Director A. Lajous M For For
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 1.6 Elect Director A. Levy-Lang M For For
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 1.7 Elect Director D. Primat M For For
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 1.8 Elect Director T. Sandvold M For For
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 1.9 Elect Director N. Seydoux M For For
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 1.1 Elect Director L.G. Stuntz M For For
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 2 ADOPTION AND APPROVAL OF M For For
FINANCIALS AND DIVIDENDS
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 3 APPROVAL OF ADOPTION OF THE 2004 M For For
STOCK AND DEFERRAL PLAN FOR NON-
EMPLOYEE DIRECTORS
Schlumberger Ltd. Netherlands
Antilles 4/14/2004 Annual 806857108 4 APPROVAL OF AUDITORS M For For
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 1.1 Elect Director Lord Browne M For For
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 1.2 Elect Director Dr B E Grote M For For
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 1.3 Elect Director Mr H M P Miles M For For
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 1.4 Elect Director Sir Robin
Nicholson M For For
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 1.5 Elect Director Mr R L Olver M For For
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 1.6 Elect Director Sir Ian Prosser M For For
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 2 TO ELECT MR A BURGMANS AS A
DIRECTOR M For For
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 3 Ratify Auditors M For For
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 4 TO AMEND THE ARTICLES OF
ASSOCIATION OF THE COMPANY M For For
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 5 TO GIVE AUTHORITY TO ALLOT M For For
SHARES UP TO A SPECIFIED AMOUNT
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 6 SPECIAL RESOLUTION: TO GIVE M For For
AUTHORITY TO ALLOT A LIMITED
NUMBER OF SHARES FOR CASH WITHOUT
MAKING AN OFFER TO SHAREHOLDERS
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 7 SPECIAL RESOLUTION: TO GIVE M For For
LIMITED AUTHORITY FOR THE
PURCHASE OF ITS OWN SHARES BY THE
COMPANY
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 8 TO AUTHORISE THE USE OF TREASURY M For For
SHARES FOR EMPLOYEE SHARE SCHEMES
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 9 TO APPROVE THE DIRECTORS M For For
REMUNERATION REPORT
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 10 TO DETERMINE THE LIMIT FOR THE M For For
AGGREGATE REMUNERATION OF THE
NON-EXECUTIVE DIRECTORS
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 11 TO RECEIVE THE DIRECTORS ANNUAL M For For
REPORT AND THE ACCOUNTS
BP PLC (Form. Bp
Amoco Plc) United
Kingdom 4/15/2004 Annual 55622104 12 SPECIAL SHAREHOLDER RESOLUTION: S Against Against
TO INSTRUCT THE COMPANY TO
PREPARE A REPORT MAKING CERTAIN
DISCLOSURES ON MATTERS OF CONTROL
AND RISK IN PROTECTED AND
SENSITIVE AREAS
Boise Cascade Corp. USA 4/15/2004 Annual 97383103 1.1 Elect Director Claire S. Farley M For For
Boise Cascade Corp. USA 4/15/2004 Annual 97383103 1.2 Elect Director Rakesh Gangwal M For For
Boise Cascade Corp. USA 4/15/2004 Annual 97383103 1.3 Elect Director Gary G. Michael M For For
Boise Cascade Corp. USA 4/15/2004 Annual 97383103 1.4 Elect Director A. William M For For
Reynolds
Boise Cascade Corp. USA 4/15/2004 Annual 97383103 2 Ratify Auditors M For For
Boise Cascade Corp. USA 4/15/2004 Annual 97383103 3 Separate Chairman and CEO S Against Against
Positions
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 1.1 Elect Director Richard S. Hill M For For
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 1.2 Elect Director Neil R. Bonke M For For
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 1.3 Elect Director Youssef A. M For For
El-Mansy
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 1.4 Elect Director J. David Litster M For For
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 1.5 Elect Director Yoshio Nishi M For For
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 1.6 Elect Director Glen G. Possley M For For
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 1.7 Elect Director Ann D. Rhoads M For For
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 1.8 Elect Director William R. M For For
Spivey
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 1.9 Elect Director Delbert A. M For For
Whitaker
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 2 Ratify Auditors M For For
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 3 Provision of Non-Audit Services
by Independent Auditors S Against Against
Novellus Systems, Inc. USA 4/16/2004 Annual 670008101 4 Limit Executive Compensation S Against Against
SunTrust Banks, Inc. USA 4/20/2004 Annual 867914103 1.1 Elect Director J. Hicks Lanier M For For
SunTrust Banks, Inc. USA 4/20/2004 Annual 867914103 1.2 Elect Director Larry L. Prince M For For
SunTrust Banks, Inc. USA 4/20/2004 Annual 867914103 1.3 Elect Director Frank S. Royal, M For For
M.D.
SunTrust Banks, Inc. USA 4/20/2004 Annual 867914103 1.4 Elect Director Robert M. Beall, M For For
II
SunTrust Banks, Inc. USA 4/20/2004 Annual 867914103 1.5 Elect Director Jeffrey C. Crowe M For For
SunTrust Banks, Inc. USA 4/20/2004 Annual 867914103 2 Ratify Auditors M For For
SunTrust Banks, Inc. USA 4/20/2004 Annual 867914103 3 Approve Omnibus Stock Plan M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Public Service
Enterprise Group Inc. USA 4/20/2004 Annual 744573106 1.1 Elect Director Albert R. M For For
Gamper, Jr.
Public Service
Enterprise Group Inc. USA 4/20/2004 Annual 744573106 1.2 Elect Director Ernest H. Drew M For For
Public Service
Enterprise Group Inc. USA 4/20/2004 Annual 744573106 1.3 Elect Director William V. M For For
Hickey
Public Service
Enterprise Group Inc. USA 4/20/2004 Annual 744573106 1.4 Elect Director Richard J. Swift M For For
Public Service
Enterprise Group Inc. USA 4/20/2004 Annual 744573106 2 Approve Omnibus Stock Plan M For For
Public Service
Enterprise Group Inc. USA 4/20/2004 Annual 744573106 3 Ratify Auditors M For For
Public Service
Enterprise Group Inc. USA 4/20/2004 Annual 744573106 4 Require Two Candidates for Each S Against Against
Board Seat
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.1 Elect Director C. Michael M For For
Armstrong
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.2 Elect Director Alain J.P. Belda M For For
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.3 Elect Director George David M For For
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.4 Elect Director Kenneth T. Derr M For For
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.5 Elect Director John M. Deutch M For For
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.6 Elect Director Roberto M For For
Hernandez Ramirez
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.7 Elect Director Ann Dibble M For For
Jordan
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.8 Elect Director Dudley C. Mecum M For For
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.9 Elect Director Richard D. M For For
Parsons
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.1 Elect Director Andrall E. M For For
Pearson
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.11 Elect Director Charles Prince M For For
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.12 Elect Director Robert E. Rubin M For For
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.13 Elect Director Franklin A. M For For
Thomas
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.14 Elect Director Sanford I. Weill M For For
Citigroup Inc. USA 4/20/2004 Annual 172967101 1.15 Elect Director Robert B. M For For
Willumstad
Citigroup Inc. USA 4/20/2004 Annual 172967101 2 Ratify Auditors M For For
Citigroup Inc. USA 4/20/2004 Annual 172967101 3 Limit Executive Compensation S Against Against
Citigroup Inc. USA 4/20/2004 Annual 172967101 4 Report on Political
Contributions/Activities S Against Against
Citigroup Inc. USA 4/20/2004 Annual 172967101 5 Prohibit Awards to Executives S Against Against
Citigroup Inc. USA 4/20/2004 Annual 172967101 6 Separate Chairman and CEO S Against Against
Positions
Sprint Corp. USA 4/20/2004 Annual 852061100 1.1 Elect Director Gordon M. M For For
Bethune
Sprint Corp. USA 4/20/2004 Annual 852061100 1.2 Elect Director E. Linn Draper, M For For
Jr.
Sprint Corp. USA 4/20/2004 Annual 852061100 1.3 Elect Director Deborah A. M For For
Henretta
Sprint Corp. USA 4/20/2004 Annual 852061100 1.4 Elect Director Linda Koch M For For
Lorimer
Sprint Corp. USA 4/20/2004 Annual 852061100 2 Ratify Auditors M For For
Sprint Corp. USA 4/20/2004 Annual 852061100 3 Performance- Based/Indexed S Against Against
Options
Sprint Corp. USA 4/20/2004 Annual 852061100 4 Limit Executive Compensation S Against Against
Sprint Corp. USA 4/20/2004 Annual 852061100 5 Separate Chairman and CEO S Against Against
Positions
Sprint Corp. USA 4/20/2004 Annual 852061100 6 Report on Foreign Outsourcing S Against Against
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 1.1 Elect Director Alan L. M For For
Boeckmann
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 1.2 Elect Director Vilma S. M For Withhold
Martinez
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 1.3 Elect Director Marc F. Racicot M For Withhold
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 1.4 Elect Director Roy S. Roberts M For For
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 1.5 Elect Director Matthew K. Rose M For For
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 1.6 Elect Director Marc J. Shapiro M For For
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 1.7 Elect Director J.C. Watts, Jr. M For For
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 1.8 Elect Director Robert H. West M For For
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 1.9 Elect Director J. Steven M For For
Whisler
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 1.1 Elect Director Edward E. M For For
Whitacre, Jr.
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 1.11 Elect Director Michael B. M For For
Yanney
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 2 Amend Omnibus Stock Plan M For For
Burlington Northern
Santa Fe Corp. USA 4/21/2004 Annual 12189T104 3 Ratify Auditors M For For
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.1 Elect Director Michael S. Brown M For For
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.2 Elect Director M. Anthony Burns M For For
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.3 Elect Director Robert N. Burt M For For
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.4 Elect Director W. Don Cornwell M For For
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.5 Elect Director William H. M For For
Gray III
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.6 Elect Director Constance J. M For For
Horner
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.7 Elect Director William R. M For For
Howell
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.8 Elect Director Stanley O. M For For
Ikenberry
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.9 Elect Director George A. Lorch M For For
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.1 Elect Director Henry A. M For For
Mckinnell
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.11 Elect Director Dana G. Mead M For For
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.12 Elect Director Franklin D. M For For
Raines
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.13 Elect Director Ruth J. Simmons M For For
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.14 Elect Director William C. M For For
Steere, Jr.
Pfizer Inc. USA 4/22/2004 Annual 717081103 1.15 Elect Director Jean-Paul Valles M For For
Pfizer Inc. USA 4/22/2004 Annual 717081103 2 Ratify Auditors M For For
Pfizer Inc. USA 4/22/2004 Annual 717081103 3 Approve Omnibus Stock Plan M For For
Pfizer Inc. USA 4/22/2004 Annual 717081103 4 Report on Operational Impact of S Against Against
HIV/AIDS, TB, and Malaria
Pandemic
Pfizer Inc. USA 4/22/2004 Annual 717081103 5 Cease Political Contributions/ S Against Against
Activities
Pfizer Inc. USA 4/22/2004 Annual 717081103 6 Report on Political S Against Against
Contributions/Activities
Pfizer Inc. USA 4/22/2004 Annual 717081103 7 Establish Term Limits for S Against Against
Directors
Pfizer Inc. USA 4/22/2004 Annual 717081103 8 Report on Drug Pricing S Against Against
Pfizer Inc. USA 4/22/2004 Annual 717081103 9 Limit Awards to Executives S Against Against
Pfizer Inc. USA 4/22/2004 Annual 717081103 10 Amend Animal Testing Policy S Against Against
Cognex Corp. USA 4/22/2004 Special 192422103 1.1 Elect Director Robert J. M For For
Shillman
Cognex Corp. USA 4/22/2004 Special 192422103 1.2 Elect Director Anthony Sun M For For
Lexmark International,
Inc. USA 4/22/2004 Annual 529771107 1.1 Elect Director Frank T. Cary M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Lexmark International,
Inc. USA 4/22/2004 Annual 529771107 1.2 Elect Director Paul J. M For For
Curlander
Lexmark International,
Inc. USA 4/22/2004 Annual 529771107 1.3 Elect Director Martin D. Walker M For For
Lexmark International,
Inc. USA 4/22/2004 Annual 529771107 1.4 Elect Director James F. M For For
Hardymon
Lexmark International,
Inc. USA 4/22/2004 Annual 529771107 2 Approve Executive Incentive M For For
Bonus Plan
Lexmark International,
Inc. USA 4/22/2004 Annual 529771107 3 Ratify Auditors M For For
Wyeth USA 4/22/2004 Annual 983024100 1.1 Elect Director Clifford L. M For For
Alexander, Jr.
Wyeth USA 4/22/2004 Annual 983024100 1.2 Elect Director Frank A. M For For
Bennack, Jr.
Wyeth USA 4/22/2004 Annual 983024100 1.3 Elect Director Richard L. M For For
Carrion
Wyeth USA 4/22/2004 Annual 983024100 1.4 Elect Director Robert Essner M For For
Wyeth USA 4/22/2004 Annual 983024100 1.5 Elect Director John D. Feerick M For For
Wyeth USA 4/22/2004 Annual 983024100 1.6 Elect Director Robert Langer M For For
Wyeth USA 4/22/2004 Annual 983024100 1.7 Elect Director John P. Mascotte M For For
Wyeth USA 4/22/2004 Annual 983024100 1.8 Elect Director Mary Lake Polan M For For
Wyeth USA 4/22/2004 Annual 983024100 1.9 Elect Director Ivan G. M For For
Seidenberg
Wyeth USA 4/22/2004 Annual 983024100 1.1 Elect Director Walter V. M For For
Shipley
Wyeth USA 4/22/2004 Annual 983024100 1.11 Elect Director John R. Torell M For For
III
Wyeth USA 4/22/2004 Annual 983024100 2 Ratify Auditors M For For
Wyeth USA 4/22/2004 Annual 983024100 3 Report on Drug Pricing S Against Against
Wyeth USA 4/22/2004 Annual 983024100 4 Amend Animal Testing Policy S Against Against
Merrill Lynch & Co.,
Inc. USA 4/23/2004 Annual 590188108 1.1 Elect Director David K. M For For
Newbigging
Merrill Lynch & Co.,
Inc. USA 4/23/2004 Annual 590188108 1.2 Elect Director Joseph W. M For For
Prueher
Merrill Lynch & Co.,
Inc. USA 4/23/2004 Annual 590188108 2 Ratify Auditors M For For
Merrill Lynch & Co.,
Inc. USA 4/23/2004 Annual 590188108 3 Restore or Provide for S Against Against
Cumulative Voting
Merrill Lynch & Co.,
Inc. USA 4/23/2004 Annual 590188108 4 Separate Chairman and CEO S Against Against
Positions
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 1.1 Elect Director Peter C. Wendell M For For
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 1.2 Elect Director William G. Bowen M For For
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 1.3 Elect Director William M. Daley M For For
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 1.4 Elect Director Thomas E. Shenk M For For
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 1.5 Elect Director Wendell P. Weeks M For For
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 2 Ratify Auditors M For For
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 3 Declassify the Board of
Directors M For For
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 4 Prohibit Awards to Executives S Against Against
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 5 Develop Ethical Criteria for S Against Against
Patent Extension
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 6 Link Executive Compensation to S Against Against
Social Issues
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 7 Report on Political S Against Against
Contributions
Merck & Co., Inc. USA 4/27/2004 Annual 589331107 8 Report on Operational Impact of S Against Against
HIV/AIDS, TB, and Malaria
Pandemic
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.1 Elect Director Cathleen Black M For For
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.2 Elect Director Kenneth I. M For For
Chenault
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.3 Elect Director Carlos Ghosn M For For
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.4 Elect Director Nannerl O. M For For
Keohane
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.5 Elect Director Charles F. M For For
Knight
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.6 Elect Director Lucio A. Noto M For For
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.7 Elect Director Samuel J. M For For
Palmisano
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.8 Elect Director John B. M For For
Slaughter
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.9 Elect Director Joan E. Spero M For For
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.1 Elect Director Sidney Taurel M For For
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.11 Elect Director Charles M. Vest M For For
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 1.12 Elect Director Lorenzo H. M For For
Zambrano
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 2 Ratify Auditors M For For
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 3 Ratify Auditors for the M For For
Company's Business Consulting
Services Unit
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 4 Approve Executive Incentive M For For
Bonus Plan
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 5 Provide for Cumulative Voting S Against Against
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 6 Amend Pension and Retirement S Against Against
Medical Insurance Plans
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 7 Submit Executive Compensation S Against Against
to Vote
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 8 Expense Stock Options S Against Against
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 9 Limit Awards to Executives S Against Against
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 10 China Principles S Against Against
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 11 Report on Political S Against Against
Contributions/Activities
International Business
Machines Corp. USA 4/27/2004 Annual 459200101 12 Report on Executive Compensation S Against Against
Kraft Foods Inc USA 4/27/2004 Annual 50075N104 1.1 Elect Director Louis C. M For Withhold
Camilleri
Kraft Foods Inc USA 4/27/2004 Annual 50075N104 1.2 Elect Director Roger K. M For Withhold
Deromedi
Kraft Foods Inc USA 4/27/2004 Annual 50075N104 1.3 Elect Director Dinyar S. M For Withhold
Devitre
Kraft Foods Inc USA 4/27/2004 Annual 50075N104 1.4 Elect Director W. James Farrell M For For
Kraft Foods Inc USA 4/27/2004 Annual 50075N104 1.5 Elect Director Betsy D. Holden M For Withhold
Kraft Foods Inc USA 4/27/2004 Annual 50075N104 1.6 Elect Director John C. Pope M For For
Kraft Foods Inc USA 4/27/2004 Annual 50075N104 1.7 Elect Director Mary L. Schapiro M For For
Kraft Foods Inc USA 4/27/2004 Annual 50075N104 1.8 Elect Director Charles R. Wall M For Withhold
Kraft Foods Inc USA 4/27/2004 Annual 50075N104 1.9 Elect Director Deborah C. M For For
Wright
Kraft Foods Inc USA 4/27/2004 Annual 50075N104 2 Ratify Auditors M For For
Exelon Corp. USA 4/27/2004 Annual 30161N101 1.1 Elect Director Nicholas M For For
DeBenedictis
Exelon Corp. USA 4/27/2004 Annual 30161N101 1.2 Elect Director G. Fred Dibona, M For For
Jr.
Exelon Corp. USA 4/27/2004 Annual 30161N101 1.3 Elect Director Sue L. Gin M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Exelon Corp. USA 4/27/2004 Annual 30161N101 1.4 Elect Director Edgar D. M For For
Jannotta
Exelon Corp. USA 4/27/2004 Annual 30161N101 2 Ratify Auditors M For For
Exelon Corp. USA 4/27/2004 Annual 30161N101 3 Approve Executive Incentive M For For
Bonus Plan
American Electric
Power Co. USA 4/27/2004 Annual 25537101 1.1 Elect Director E. R. Brooks M For For
American Electric
Power Co. USA 4/27/2004 Annual 25537101 1.2 Elect Director Donald M. M For For
Carlton
American Electric
Power Co. USA 4/27/2004 Annual 25537101 1.3 Elect Director John P. M For For
DesBarres
American Electric
Power Co. USA 4/27/2004 Annual 25537101 1.4 Elect Director Robert W. Fri M For For
American Electric
Power Co. USA 4/27/2004 Annual 25537101 1.5 Elect Director William R. M For For
Howell
American Electric
Power Co. USA 4/27/2004 Annual 25537101 1.6 Elect Director Lester A. M For For
Hudson, Jr.
American Electric
Power Co. USA 4/27/2004 Annual 25537101 1.7 Elect Director Leonard J. M For For
Kujawa
American Electric
Power Co. USA 4/27/2004 Annual 25537101 1.8 Elect Director Michael G. M For For
Morris
American Electric
Power Co. USA 4/27/2004 Annual 25537101 1.9 Elect Director Richard L. M For For
Sandor
American Electric
Power Co. USA 4/27/2004 Annual 25537101 1.1 Elect Director Donald G. Smith M For For
American Electric
Power Co. USA 4/27/2004 Annual 25537101 1.11 Elect Director Kathryn D. M For For
Sullivan
American Electric
Power Co. USA 4/27/2004 Annual 25537101 2 Ratify Auditors M For For
American Electric
Power Co. USA 4/27/2004 Annual 25537101 3 Submit Severance Agreement S Against For
(Change-in-Control) to
Shareholder Vote
American Electric
Power Co. USA 4/27/2004 Annual 25537101 4 Submit Executive Pension Benefit S Against For
to Vote
American Electric
Power Co. USA 4/27/2004 Annual 25537101 5 Prohibit Auditor from Providing S Against Against
Non-Audit Services
American Electric
Power Co. USA 4/27/2004 Annual 25537101 6 Establish Term Limits for S Against Against
Directors
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 1.1 Elect Director Fred Hassan M For For
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 1.1 Elect Director Fred Hassan M For For
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 1.2 Elect Director Philip Leder, M For For
M.D.
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 1.2 Elect Director Philip Leder, M For For
M.D.
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 1.3 Elect Director Eugene R. M For For
McGrath
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 1.3 Elect Director Eugene R. M For For
McGrath
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 1.4 Elect Director Richard de J. M For For
Osborne
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 1.4 Elect Director Richard de J. M For For
Osborne
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 2 Ratify Auditors M For For
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 2 Ratify Auditors M For For
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 3 Approve Executive Incentive M For For
Bonus Plan
Schering-Plough Corp. USA 4/27/2004 Annual 806605101 3 Approve Executive Incentive M For For
Bonus Plan
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.1 Elect Director J.A. Blanchard M For For
III
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.2 Elect Director Susan E. Engel M For For
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.3 Elect Director Enrique M For For
Hernandez, Jr.
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.4 Elect Director Robert L. Joss M For For
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.5 Elect Director Reatha Clark M For For
King
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.6 Elect Director Richard M. M For For
Kovacevich
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.7 Elect Director Richard D. M For For
McCormick
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.8 Elect Director Cynthia H. M For For
Milligan
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.9 Elect Director Philip J. M For For
Quigley
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.1 Elect Director Donald B. Rice M For For
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.11 Elect Director Judith M. M For For
Runstad
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.12 Elect Director Stephen W. M For For
Sanger
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.13 Elect Director Susan G. M For For
Swenson
Wells Fargo & Company USA 4/27/2004 Annual 949746101 1.14 Elect Director Michael W. M For For
Wright
Wells Fargo & Company USA 4/27/2004 Annual 949746101 2 Approve Retirement Plan M For For
Wells Fargo & Company USA 4/27/2004 Annual 949746101 3 Ratify Auditors M For For
Wells Fargo & Company USA 4/27/2004 Annual 949746101 4 Expense Stock Options S Against For
Wells Fargo & Company USA 4/27/2004 Annual 949746101 5 Limit Executive Compensation S Against Against
Wells Fargo & Company USA 4/27/2004 Annual 949746101 6 Link Executive Compensation to S Against Against
Social Issues
Wells Fargo & Company USA 4/27/2004 Annual 949746101 7 Report on Political S Against Against
Contributions/Activities
Metlife, Inc USA 4/27/2004 Annual 59156R108 1.1 Elect Director Curtis H. M For For
Barnette
Metlife, Inc USA 4/27/2004 Annual 59156R108 1.2 Elect Director John C. Danforth M For Withhold
Metlife, Inc USA 4/27/2004 Annual 59156R108 1.3 Elect Director Burton A. Dole, M For For
Jr.
Metlife, Inc USA 4/27/2004 Annual 59156R108 1.4 Elect Director Harry P. Kamen M For Withhold
Metlife, Inc USA 4/27/2004 Annual 59156R108 1.5 Elect Director Charles M. M For For
Leighton
Metlife, Inc USA 4/27/2004 Annual 59156R108 2 Approve Omnibus Stock Plan M For For
Metlife, Inc USA 4/27/2004 Annual 59156R108 3 Approve Executive Incentive M For For
Bonus Plan
Metlife, Inc USA 4/27/2004 Annual 59156R108 4 Approve Non-Employee Director M For For
Omnibus Stock Plan
Metlife, Inc USA 4/27/2004 Annual 59156R108 5 Ratify Auditors M For For
Metlife, Inc USA 4/27/2004 Annual 59156R108 6 Limit Executive Compensation S Against Against
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.1 Elect Director Paul Chellgren M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.2 Elect Director Robert Clay M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.3 Elect Director J. Gary Cooper M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.4 Elect Director George Davidson, M For For
Jr.
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.5 Elect Director Richard Kelson M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.6 Elect Director Bruce Lindsay M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.7 Elect Director Anthony Massaro M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.8 Elect Director Thomas O'Brien M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.9 Elect Director Jane Pepper M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.1 Elect Director James Rohr M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.11 Elect Director Lorene Steffes M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.12 Elect Director Dennis Strigl M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.13 Elect Director Stephen Thieke M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.14 Elect Director Thomas Usher M For For
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.15 Elect Director Milton M For For
Washington
PNC Financial
Services Group, Inc. USA 4/27/2004 Annual 693475105 1.16 Elect Director Helge Wehmeier M For For
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.1 Elect Director Zoe Baird M For For
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.2 Elect Director Sheila P. Burke M For For
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.3 Elect Director James I. Cash, M For For
Jr.
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.4 Elect Director Joel J. Cohen M For For
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.5 Elect Director James M. M For For
Cornelius
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.6 Elect Director John D. Finnegan M For For
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.7 Elect Director David H. Hoag M For For
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.8 Elect Director Klaus J. Mangold M For For
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.9 Elect Director Sir David G. M For For
Scholey, CBE
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.1 Elect Director Raymond G. H. M For For
Seitz
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.11 Elect Director Lawrence M. M For For
Small
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.12 Elect Director Daniel E. Somers M For For
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.13 Elect Director Karen Hastie M For For
Williams
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.14 Elect Director James M. M For For
Zimmerman
The Chubb Corp. USA 4/27/2004 Annual 171232101 1.15 Elect Director Alfred W. Zollar M For For
The Chubb Corp. USA 4/27/2004 Annual 171232101 2 Approve Omnibus Stock Plan M For For
The Chubb Corp. USA 4/27/2004 Annual 171232101 3 Approve Non-Employee Director M For For
Omnibus Stock Plan
The Chubb Corp. USA 4/27/2004 Annual 171232101 4 Ratify Auditors M For For
The Chubb Corp. USA 4/27/2004 Annual 171232101 5 Report on Political S Against Against
Contributions/Activities
Verizon Communications USA 4/28/2004 Annual 92343V104 1.1 Elect Director James R. Barker M For For
Verizon Communications USA 4/28/2004 Annual 92343V104 1.2 Elect Director Richard L. M For For
Carrion
Verizon Communications USA 4/28/2004 Annual 92343V104 1.3 Elect Director Robert W. Lane M For For
Verizon Communications USA 4/28/2004 Annual 92343V104 1.4 Elect Director Sandra O. Moose M For For
Verizon Communications USA 4/28/2004 Annual 92343V104 1.5 Elect Director Joseph Neubauer M For For
Verizon Communications USA 4/28/2004 Annual 92343V104 1.6 Elect Director Thomas H. M For For
O'Brien
Verizon Communications USA 4/28/2004 Annual 92343V104 1.7 Elect Director Hugh B. Price M For For
Verizon Communications USA 4/28/2004 Annual 92343V104 1.8 Elect Director Ivan G. M For For
Seidenberg
Verizon Communications USA 4/28/2004 Annual 92343V104 1.9 Elect Director Walter V. M For For
Shipley
Verizon Communications USA 4/28/2004 Annual 92343V104 1.1 Elect Director John R. Stafford M For For
Verizon Communications USA 4/28/2004 Annual 92343V104 1.11 Elect Director Robert D. Storey M For For
Verizon Communications USA 4/28/2004 Annual 92343V104 2 Ratify Auditors M For For
Verizon Communications USA 4/28/2004 Annual 92343V104 3 Restore or Provide for S Against Against
Cumulative Voting
Verizon Communications USA 4/28/2004 Annual 92343V104 4 Require Majority of Independent S Against Against
Directors on Board
Verizon Communications USA 4/28/2004 Annual 92343V104 5 Separate Chairman and CEO S Against Against
Positions
Verizon Communications USA 4/28/2004 Annual 92343V104 6 Submit Shareholder Rights Plan S Against Against
(Poison Pill) to Shareholder
Vote
Verizon Communications USA 4/28/2004 Annual 92343V104 7 Submit Executive Compensation S Against Against
to Vote
Verizon Communications USA 4/28/2004 Annual 92343V104 8 Prohibit Awards to Executives S Against Against
Verizon Communications USA 4/28/2004 Annual 92343V104 9 Report on Stock Option
Distribution by Race and Gender S Against Against
Verizon Communications USA 4/28/2004 Annual 92343V104 10 Report on Political
Contributions/Activities S Against Against
Verizon Communications USA 4/28/2004 Annual 92343V104 11 Cease Charitable Contributions S Against Against
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.1 Elect Director Alain J. P. M For For
Belda
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.2 Elect Director Richard H. Brown M For For
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.3 Elect Director Curtis J. M For For
Crawford
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.4 Elect Director John T. Dillon M For For
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.5 Elect Director Louisa C. M For For
Duemling
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.6 Elect Director Charles O. M For For
Holliday, Jr.
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.7 Elect Director Deborah C. M For For
Hopkins
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.8 Elect Director Lois D. Juliber M For For
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.9 Elect Director Masahisa Naitoh M For For
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.1 Elect Director William K. M For For
Reilly
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.11 Elect Director H. Rodney Sharp, M For For
III
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 1.12 Elect Director Charles M. Vest M For For
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 2 Ratify Auditors M For For
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 3 Report on Executive Ties to S Against Against
Government
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 4 Adopt and Report on a Code of S Against Against
Corporate Conduct
E.I. Du Pont De
Nemours & Co. USA 4/28/2004 Annual 263534109 5 Limit Executive Compensation S Against Against
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 1.1 Elect Director Alan D. Feld M For Withhold
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 1.2 Elect Director Thomas O. Hicks M For For
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 1.3 Elect Director Perry J. Lewis M For For
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 1.4 Elect Director L. Lowry Mays M For For
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 1.5 Elect Director Mark P. Mays M For For
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 1.6 Elect Director Randall T. Mays M For For
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 1.7 Elect Director B.J. Mccombs M For For
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 1.8 Elect Director Phyllis B. M For For
Riggins
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 1.9 Elect Director Theordore H. M For For
Strauss
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 1.1 Elect Director J.C. Watts M For For
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 1.11 Elect Director John H. Williams M For For
Clear Channel
Communications, Inc. USA 4/28/2004 Annual 184502102 2 Ratify Auditors M For For
Kimberly-Clark Corp. USA 4/29/2004 Annual 494368103 1.1 Elect Director Pastora San M For Withhold
Juan Cafferty
Kimberly-Clark Corp. USA 4/29/2004 Annual 494368103 1.2 Elect Director Claudio X. M For Withhold
Gonzalez
Kimberly-Clark Corp. USA 4/29/2004 Annual 494368103 1.3 Elect Director Linda Johnson M For Withhold
Rice
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Kimberly-Clark Corp. USA 4/29/2004 Annual 494368103 1.4 Elect Director Marc J. Shapiro M For Withhold
Kimberly-Clark Corp. USA 4/29/2004 Annual 494368103 2 Amend Omnibus Stock Plan M For For
Kimberly-Clark Corp. USA 4/29/2004 Annual 494368103 3 Ratify Auditors M For For
Kimberly-Clark Corp. USA 4/29/2004 Annual 494368103 4 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 1.1 Elect Director Elizabeth E. M For For
Bailey
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 1.2 Elect Director Mathis M For For
Cabiallavetta
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 1.3 Elect Director Louis C. M For For
Camilleri
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 1.4 Elect Director J. Dudley M For For
Fishburn
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 1.5 Elect Director Robert E. R. M For For
Huntley
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 1.6 Elect Director Thomas W. Jones M For For
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 1.7 Elect Director Lucio A. Noto M For For
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 1.8 Elect Director John S. Reed M For For
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 1.9 Elect Director Carlos Slim Helu M For For
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 1.1 Elect Director Stephen M. Wolf M For For
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 2 Ratify Auditors M For For
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 3 Report on Product Warnings for S Against Against
Pregnant Women
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 4 Report on Health Risks S Against Against
Associated with Cigarette Filters
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 5 Political Contributions/ S Against Against
Activities
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 6 Cease Use of Light and Ultra S Against Against
Light in Cigarette Marketing
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 7 Place Canadian Style Warnings on S Against Against
Cigarette Packaging
Altria Group, Inc. USA 4/29/2004 Annual 02209S103 8 Separate Chairman and CEO S Against Against
Positions
Capital One Financial
Corp. USA 4/29/2004 Annual 14040H105 1.1 Elect Director W. Ronald Dietz M For For
Capital One Financial
Corp. USA 4/29/2004 Annual 14040H105 1.2 Elect Director Lewis Hay, III M For For
Capital One Financial
Corp. USA 4/29/2004 Annual 14040H105 1.3 Elect Director Mayo A.
Shattuck, III M For For
Capital One Financial
Corp. USA 4/29/2004 Annual 14040H105 2 Ratify Auditors M For For
Capital One Financial
Corp. USA 4/29/2004 Annual 14040H105 3 Approve Omnibus Stock Plan M For For
Torchmark Corp. USA 4/29/2004 Annual 891027104 1.1 Elect Director Charles E. Adair M For For
Torchmark Corp. USA 4/29/2004 Annual 891027104 1.2 Elect Director Joseph M. Farley M For For
Torchmark Corp. USA 4/29/2004 Annual 891027104 1.3 Elect Director C. B. Hudson M For For
Torchmark Corp. USA 4/29/2004 Annual 891027104 1.4 Elect Director Joseph L. M For For
Lanier, Jr.
Torchmark Corp. USA 4/29/2004 Annual 891027104 1.5 Elect Director R. K. Richey M For For
Torchmark Corp. USA 4/29/2004 Annual 891027104 2 Ratify Auditors M For For
Torchmark Corp. USA 4/29/2004 Annual 891027104 3 Limit Executive Compensation S Against Against
Torchmark Corp. USA 4/29/2004 Annual 891027104 4 Divest Investments in Tobacco S Against Against
Companies
Alcoa Inc. USA 4/30/2004 Annual 13817101 1.1 Elect Director Alain J.P. Belda M For For
Alcoa Inc. USA 4/30/2004 Annual 13817101 1.2 Elect Director Carlos Ghosn M For For
Alcoa Inc. USA 4/30/2004 Annual 13817101 1.3 Elect Director Henry B. Schacht M For For
Alcoa Inc. USA 4/30/2004 Annual 13817101 1.4 Elect Director Franklin A. M For For
Thomas
Alcoa Inc. USA 4/30/2004 Annual 13817101 2 Approve Omnibus Stock Plan M For For
Alcoa Inc. USA 4/30/2004 Annual 13817101 3 Report on Pay Disparity S Against Against
Alcoa Inc. USA 4/30/2004 Annual 13817101 4 Submit Severance Agreement S Against Against
(Change-in-Control) to
Shareholder Vote
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
SBC Communications
Inc. USA 4/30/2004 Annual 78387G103 1.1 Elect Director James E. Barnes M For For
SBC Communications
Inc. USA 4/30/2004 Annual 78387G103 1.2 Elect Director James A. M For For
Henderson
SBC Communications
Inc. USA 4/30/2004 Annual 78387G103 1.3 Elect Director John B. McCoy M For For
SBC Communications
Inc. USA 4/30/2004 Annual 78387G103 1.4 Elect Director S. Donley M For For
Ritchey
SBC Communications
Inc. USA 4/30/2004 Annual 78387G103 1.5 Elect Director Joyce M. Roche M For For
SBC Communications
Inc. USA 4/30/2004 Annual 78387G103 1.6 Elect Director Patricia P. M For For
Upton
SBC Communications
Inc. USA 4/30/2004 Annual 78387G103 2 Ratify Auditors M For For
SBC Communications
Inc. USA 4/30/2004 Annual 78387G103 3 Amend Bylaws M For For
SBC Communications
Inc. USA 4/30/2004 Annual 78387G103 4 Report on Political S Against Against
Contributions/Activities
SBC Communications
Inc. USA 4/30/2004 Annual 78387G103 5 Change Size of Board of S Against Against
Directors
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.1 Elect Director Betsy Z. Cohen M For For
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.2 Elect Director Barbara Hackman M For For
Franklin
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.3 Elect Director Jeffrey E. M For For
Garten
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.4 Elect Director Earl G. Graves M For For
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.5 Elect Director Gerald Greenwald M For For
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.6 Elect Director Ellen M. Hancock M For For
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.7 Elect Director Michael H. M For For
Jordan
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.8 Elect Director Jack D. Kuehler M For For
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.9 Elect Director Edward J. Ludwig M For For
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.1 Elect Director Joseph P. M For For
Newhouse
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.11 Elect Director Judith Rodin M For For
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.12 Elect Director John W. Rowe, M For For
M.D.
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.13 Elect Director Ronald A. M For For
Williams
Aetna Inc. USA 4/30/2004 Annual 00817Y108 1.14 Elect Director R. David Yost M For For
Aetna Inc. USA 4/30/2004 Annual 00817Y108 2 Ratify Auditors M For For
Aetna Inc. USA 4/30/2004 Annual 00817Y108 3 Provide for Cumulative Voting S Against Against
Aetna Inc. USA 4/30/2004 Annual 00817Y108 4 Limit Executive Compensation S Against Against
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 1.1 Elect Director Warren E. Buffett M For For
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 1.2 Elect Director Charles T. Munger M For For
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 1.3 Elect Director Susan T. Buffett M For For
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 1.4 Elect Director Howard G. Buffett M For For
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 1.5 Elect Director Malcolm G. Chace M For For
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 1.6 Elect Director David S.
Gottesman M For For
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 1.7 Elect Director Charlotte Guyman M For For
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 1.8 Elect Director Donald R. Keough M For For
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 1.9 Elect Director Thomas S. Murphy M For For
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 1.1 Elect Director Ronald L. Olson M For For
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 1.11 Elect Director Walter Scott, Jr. M For For
Berkshire Hathaway
Inc. USA 5/1/2004 Annual 84670207 2 Report on Political
Contributions/Activities S Against Against
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.1 Elect Director William J. Avery M For For
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.2 Elect Director J. Michael M For For
Fitzpatrick
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.3 Elect Director Earl G. Graves, M For For
Sr.
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.4 Elect Director Raj L. Gupta M For For
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.5 Elect Director David W. Haas M For For
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.6 Elect Director Thomas W. Haas M For For
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.7 Elect Director James A. M For For
Henderson
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.8 Elect Director Richard L. M For For
Keyser
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.9 Elect Director Jorge P. Montoya M For For
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.1 Elect Director Sandra O. Moose M For For
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.11 Elect Director Gilbert S. Omenn M For For
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.12 Elect Director Gary L. Rogers M For For
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.13 Elect Director Ronaldo H. M For For
Schmitz
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 1.14 Elect Director Marna C. M For For
Whittington
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 2 Approve Executive Incentive M For For
Bonus Plan
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 3 Approve Executive Incentive M For For
Bonus Plan
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 4 Amend Omnibus Stock Plan M For For
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 5 Ratify Auditors M For For
Rohm and Haas Co. USA 5/3/2004 Annual 775371107 6 Other Business M For Against
Bristol-Myers Squibb
Co. USA 5/4/2004 Annual 110122108 1.1 Elect Director Peter R. Dolan M For For
Bristol-Myers Squibb
Co. USA 5/4/2004 Annual 110122108 1.2 Elect Director Louis V. M For For
Gerstner, Jr.
Bristol-Myers Squibb
Co. USA 5/4/2004 Annual 110122108 1.3 Elect Director Leif Johansson M For For
Bristol-Myers Squibb
Co. USA 5/4/2004 Annual 110122108 2 Ratify Auditors M For For
Bristol-Myers Squibb
Co. USA 5/4/2004 Annual 110122108 3 Report on Political S Against Against
Contributions/Activities
Bristol-Myers Squibb
Co. USA 5/4/2004 Annual 110122108 4 Cease Political Contributions/ S Against Against
Activities
Bristol-Myers Squibb
Co. USA 5/4/2004 Annual 110122108 5 Separate Chairman and CEO S Against Against
Positions
Bristol-Myers Squibb
Co. USA 5/4/2004 Annual 110122108 6 Report on Operational Impact of S Against Against
HIV/AIDS, TB, and Malaria
Pandemic
Bristol-Myers Squibb
Co. USA 5/4/2004 Annual 110122108 7 Require Affirmative Vote of a S Against Against
Majority of the Shares to Elect
Directors
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 1.1 Elect Director Phillip B. M For For
Lassiter
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 1.2 Elect Director Michael A. M For For
Callen
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 1.3 Elect Director Renso L. M For For
Caporali
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 1.4 Elect Director Jill M. M For For
Considine
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 1.5 Elect Director Richard Dulude M For For
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 1.6 Elect Director Robert J. M For For
Genader
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 1.7 Elect Director W. Grant Gregory M For For
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 1.8 Elect Director Laura S. Unger M For For
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 1.9 Elect Director Henry D. G. M For For
Wallace
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 2 Increase Authorized Common Stock M For For
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 3 Amend Non-Employee Director M For For
Omnibus Stock Plan
Ambac Financial Group,
Inc. USA 5/4/2004 Annual 23139108 4 Ratify Auditors M For For
Georgia-Pacific Corp. USA 5/4/2004 Annual 373298108 1.1 Elect Director Barbara L. M For For
Bowles
Georgia-Pacific Corp. USA 5/4/2004 Annual 373298108 1.2 Elect Director Donald V. Fites M For For
Georgia-Pacific Corp. USA 5/4/2004 Annual 373298108 1.3 Elect Director David R. Goode M For For
Georgia-Pacific Corp. USA 5/4/2004 Annual 373298108 1.4 Elect Director Karen N. Horn M For For
Georgia-Pacific Corp. USA 5/4/2004 Annual 373298108 1.5 Elect Director William R. M For For
Johnson
Georgia-Pacific Corp. USA 5/4/2004 Annual 373298108 1.6 Elect Director James B. M For For
Williams
Georgia-Pacific Corp. USA 5/4/2004 Annual 373298108 2 Amend Omnibus Stock Plan M For For
Georgia-Pacific Corp. USA 5/4/2004 Annual 373298108 3 Approve Executive Incentive M For For
Bonus Plan
Georgia-Pacific Corp. USA 5/4/2004 Annual 373298108 4 Ratify Auditors M For For
ConocoPhillips USA 5/5/2004 Annual 20825C104 1.1 Elect Director David L. Boren M For For
ConocoPhillips USA 5/5/2004 Annual 20825C104 1.2 Elect Director James E. M For For
Copeland, Jr.
ConocoPhillips USA 5/5/2004 Annual 20825C104 1.3 Elect Director Kenneth M. M For For
Duberstein
ConocoPhillips USA 5/5/2004 Annual 20825C104 1.4 Elect Director Ruth R. Harkin M For For
ConocoPhillips USA 5/5/2004 Annual 20825C104 1.5 Elect Director William R. M For For
Rhodes
ConocoPhillips USA 5/5/2004 Annual 20825C104 1.6 Elect Director J. Stapleton Roy M For For
ConocoPhillips USA 5/5/2004 Annual 20825C104 2 Ratify Auditors M For For
ConocoPhillips USA 5/5/2004 Annual 20825C104 3 Approve Omnibus Stock Plan M For For
ConocoPhillips USA 5/5/2004 Annual 20825C104 4 Limit Executive Compensation S Against Against
ConocoPhillips USA 5/5/2004 Annual 20825C104 5 Limit Executive Compensation S Against Against
ConocoPhillips USA 5/5/2004 Annual 20825C104 6 Report on Drilling in the Arctic
National Wildlife Refuge S Against Against
International Paper
Co. USA 5/11/2004 Annual 460146103 1.1 Elect Director Martha F. Brooks M For For
International Paper
Co. USA 5/11/2004 Annual 460146103 1.1 Elect Director Martha F. Brooks M For For
International Paper
Co. USA 5/11/2004 Annual 460146103 1.2 Elect Director James A. M For For
Henderson
International Paper
Co. USA 5/11/2004 Annual 460146103 1.2 Elect Director James A. M For For
Henderson
International Paper
Co. USA 5/11/2004 Annual 460146103 1.3 Elect Director Robert D. M For For
Kennedy
International Paper
Co. USA 5/11/2004 Annual 460146103 1.3 Elect Director Robert D. M For For
Kennedy
International Paper
Co. USA 5/11/2004 Annual 460146103 1.4 Elect Director W. Craig M For Withhold
McClelland
International Paper
Co. USA 5/11/2004 Annual 460146103 1.4 Elect Director W. Craig M For Withhold
McClelland
International Paper
Co. USA 5/11/2004 Annual 460146103 1.5 Elect Director Robert M. Amen M For For
International Paper
Co. USA 5/11/2004 Annual 460146103 1.5 Elect Director Robert M. Amen M For For
International Paper
Co. USA 5/11/2004 Annual 460146103 2 Ratify Auditors M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
International Paper
Co. USA 5/11/2004 Annual 460146103 2 Ratify Auditors M For For
International Paper
Co. USA 5/11/2004 Annual 460146103 3 Amend Omnibus Stock Plan M For For
International Paper
Co. USA 5/11/2004 Annual 460146103 3 Amend Omnibus Stock Plan M For For
International Paper
Co. USA 5/11/2004 Annual 460146103 4 Amend Omnibus Stock Plan M For For
International Paper
Co. USA 5/11/2004 Annual 460146103 4 Amend Omnibus Stock Plan M For For
International Paper
Co. USA 5/11/2004 Annual 460146103 5 Limit Executive Compensation S Against Against
International Paper
Co. USA 5/11/2004 Annual 460146103 5 Limit Executive Compensation S Against Against
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 1 ADOPTION OF THE ANNUAL ACCOUNTS M For For
AND APPROPRIATION OF THE PROFIT
FOR THE 2003 FINANCIAL YEAR.
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 2 DISCHARGE OF THE MEMBERS OF THE M For For
BOARD OF DIRECTORS.
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 3 CORPORATE GOVERNANCE AND M For For
ALTERATIONS TO THE ARTICLES OF
ASSOCIATION.
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.1 Elect Director A. Burgmans M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.2 Elect Director Ac Butler M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.3 Elect Director Pj Cescau M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.4 Elect Director Kb Dadiseth M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.5 Elect Director Nwa Fitzgerald M For For
Kbe
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.6 Elect Director Ar Baron Van M For For
Heemstra
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.7 Elect Director Rhp Markham M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.8 Elect Director Cj Van Der Graaf M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.9 Elect Director Lord Brittan* M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.1 Elect Director Baroness M For For
Chalker*
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.11 Elect Director B Collomb* M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.12 Elect Director Professor W Dik* M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.13 Elect Director O Fanjul* M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.14 Elect Director Cx Gonzalez* M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.15 Elect Director H Kopper* M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.16 Elect Director Lord Simon* M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 4.17 Elect Director J Van Der Veer* M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 5 REMUNERATION OF NON-EXECUTIVE M For For
DIRECTORS.
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 6 Ratify Auditors M For For
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 7 DESIGNATION, IN ACCORDANCE WITH M For Against
ARTICLES 96 AND 96A OF BOOK 2 OF
THE NETHERLANDS CIVIL CODE, OF
THE BOARD OF DIRECTORS AS THE
COMPANY BODY AUTHORIZED IN
RESPECT OF THE ISSUE OF SHARES IN
THE COMPANY.
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 8 AUTHORIZATION, IN ACCORDANCE M For For
WITH ARTICLE 98 OF BOOK 2 OF THE
NETHERLANDS CIVIL CODE, OF THE
BOARD OF DIRECTORS TO PURCHASE
SHARES IN THE COMPANY AND
DEPOSITARY RECEIPTS THEREFOR.
Unilever N.V. Netherlands 5/12/2004 Annual 904784709 9 AUTHORIZATION, IN ACCORDANCE M For For
WITH ARTICLE 119 OF BOOK 2 OF THE
NETHERLANDS CIVIL CODE, OF THE
BOARD OF DIRECTORS TO DETERMINE
A REGISTRATION TIME FOR THE
EXERCISE OF THE RIGHTS TO ATTEND
THE GENERAL MEETING AND TO VOTE
THEREAT.
Eastman Kodak Co. USA 5/12/2004 Annual 277461109 1.1 Elect Director William H. M For For
Hernandez
Eastman Kodak Co. USA 5/12/2004 Annual 277461109 1.2 Elect Director Hector de J. M For For
Ruiz
Eastman Kodak Co. USA 5/12/2004 Annual 277461109 1.3 Elect Director Laura M For For
D'Andrea Tyson
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Eastman Kodak Co. USA 5/12/2004 Annual 277461109 2 Ratify Auditors M For For
Eastman Kodak Co. USA 5/12/2004 Annual 277461109 3 Approve Omnibus Stock Plan M For For
Eastman Kodak Co. USA 5/12/2004 Annual 277461109 4 Adopt Chemical Policy S Against Against
Eastman Kodak Co. USA 5/12/2004 Annual 277461109 5 Prohibit Awards to S Against Against
Executives
CVS Corporation USA 5/12/2004 Annual 126650100 1.1 Elect Director W. Don Cornwell M For For
CVS Corporation USA 5/12/2004 Annual 126650100 1.2 Elect Director Thomas P. M For For
Gerrity
CVS Corporation USA 5/12/2004 Annual 126650100 1.3 Elect Director Stanley P. M For For
Goldstein
CVS Corporation USA 5/12/2004 Annual 126650100 1.4 Elect Director Marian L. Heard M For For
CVS Corporation USA 5/12/2004 Annual 126650100 1.5 Elect Director William H. Joyce M For For
CVS Corporation USA 5/12/2004 Annual 126650100 1.6 Elect Director Terry R. M For For
Lautenbach
CVS Corporation USA 5/12/2004 Annual 126650100 1.7 Elect Director Terrence Murray M For For
CVS Corporation USA 5/12/2004 Annual 126650100 1.8 Elect Director Sheli Z. M For For
Rosenberg
CVS Corporation USA 5/12/2004 Annual 126650100 1.9 Elect Director Thomas M. Ryan M For For
CVS Corporation USA 5/12/2004 Annual 126650100 2 Amend Omnibus Stock Plan M For For
CVS Corporation USA 5/12/2004 Annual 126650100 3 Ratify Auditors M For For
CVS Corporation USA 5/12/2004 Annual 126650100 4 Limit Executive Compensation S Against Against
The Dow Chemical
Company USA 5/13/2004 Annual 260543103 1.1 Elect Director Arnold A. M For For
Allemang
The Dow Chemical
Company USA 5/13/2004 Annual 260543103 1.2 Elect Director John C. Danforth M For For
The Dow Chemical
Company USA 5/13/2004 Annual 260543103 1.3 Elect Director Jeff M. Fettig M For For
The Dow Chemical
Company USA 5/13/2004 Annual 260543103 1.4 Elect Director Andrew N. M For For
Liveris
The Dow Chemical
Company USA 5/13/2004 Annual 260543103 1.5 Elect Director James M. Ringler M For For
The Dow Chemical
Company USA 5/13/2004 Annual 260543103 1.6 Elect Director William S. M For For
Stavropoulos
The Dow Chemical
Company USA 5/13/2004 Annual 260543103 2 Ratify Auditors M For For
The Dow Chemical
Company USA 5/13/2004 Annual 260543103 3 Declassify the Board of M For For
Directors
The Dow Chemical
Company USA 5/13/2004 Annual 260543103 4 Report on Social Initiatives in
Bhopal S Against Against
Transocean Inc. Cayman Islands 5/13/2004 Annual G90078109 1.1 Elect Director Robert L. Long M For For
Transocean Inc. Cayman Islands 5/13/2004 Annual G90078109 1.2 Elect Director Martin B. M For For
Mcnamara
Transocean Inc. Cayman Islands 5/13/2004 Annual G90078109 1.3 Elect Director Robert M. M For For
Sprague
Transocean Inc. Cayman Islands 5/13/2004 Annual G90078109 1.4 Elect Director J. Michael M For For
Talbert
Transocean Inc. Cayman Islands 5/13/2004 Annual G90078109 2 APPROVAL OF THE AMENDMENT OF OUR M For For
LONG-TERM INCENTIVE PLAN AS
DESCRIBED IN THE PROXY STATEMENT.
Transocean Inc. Cayman Islands 5/13/2004 Annual G90078109 3 Ratify Auditors M For For
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.1 Elect Director Gregory S. M For For
Bentley
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.1 Elect Director Gregory S. M For For
Bentley
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.2 Elect Director Michael C. M For For
Brooks
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.2 Elect Director Michael C. M For For
Brooks
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.3 Elect Director Cristobal Conde M For For
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.3 Elect Director Cristobal Conde M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.4 Elect Director Ramon de M For For
Oliveira
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.4 Elect Director Ramon de M For For
Oliveira
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.5 Elect Director Henry C. Duques M For For
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.5 Elect Director Henry C. Duques M For For
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.6 Elect Director Albert A. M For For
Eisenstat
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.6 Elect Director Albert A. M For For
Eisenstat
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.7 Elect Director Bernard M For For
Goldstein
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.7 Elect Director Bernard M For For
Goldstein
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.8 Elect Director Janet Brutschea M For For
Haugen
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.8 Elect Director Janet Brutschea
Haugen M For For
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.9 Elect Director James L. Mann M For For
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.9 Elect Director James L. Mann M For For
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.1 Elect Director Malcolm I. M For For
Ruddock
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 1.1 Elect Director Malcolm I. M For For
Ruddock
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 2 Ratify Auditors M For For
SunGard Data Systems
Inc. USA 5/14/2004 Annual 867363103 2 Ratify Auditors M For For
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 1 APPROVAL OF CERTAIN REPORTS AND M For For
OF THE PARENT COMPANY S
FINANCIAL STATEMENTS
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 2 APPROVAL OF CONSOLIDATED M For For
FINANCIAL STATEMENTS
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 3 ALLOCATION OF INCOME, APPROVAL M For For
OF THE DIVIDEND
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 4 AGREEMENTS MENTIONED IN ARTICLE M For For
L. 225-38 OF THE FRENCH
COMMERCIAL CODE
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 5 AUTHORIZATION TO TRADE THE M For For
COMPANY S OWN SHARES
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 6 AUTHORIZATION FOR THE BOARD OF M For For
DIRECTORS TO ISSUE DEBT
SECURITIES AND/OR PERPETUAL
SUBORDINATED NOTES FOR A MAXIMUM
NOMINAL AMOUNT OF 10 BILLION
EUROS
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 7.1 Elect Director Mr. Thierry M For For
Desmarest
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 7.2 Elect Director Mr. Thierry De M For For
Rudder
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 7.3 Elect Director Mr. Serge M For For
Tchuruk
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 8 APPOINTMENT OF DANIEL BOEUF AS A M For For
DIRECTOR REPRESENTING EMPLOYEE
SHAREHOLDERS IN APPLICATION OF
ARTICLE 11 OF THE ARTICLES OF
INCORPORATION
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 9 APPOINTMENT OF PHILIPPE M Against Against
MARCHANDISE AS A DIRECTOR
REPRESENTING EMPLOYEE
SHAREHOLDERS IN APPLICATION
OF ARTICLE 11 OF THE ARTICLES
OF INCORPORATION
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 10 APPOINTMENT OF CYRIL MOUCHE AS A M Against Against
DIRECTOR REPRESENTING EMPLOYEE
SHAREHOLDERS IN APPLICATION OF
ARTICLE 11 OF THE ARTICLES OF
INCORPORATION
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 11 APPOINTMENT OF ALAN CRAMER AS A M Against Against
DIRECTOR REPRESENTING EMPLOYEE
SHAREHOLDERS IN APPLICATION OF
ARTICLE 11 OF THE ARTICLES OF
INCORPORATION
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 12 Ratify Auditors M For For
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 13 RENEWAL OF STATUTORY AUDITORS M For For
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 14 Ratify Auditors M For For
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 15 Ratify Auditors M For For
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 16 DETERMINATION OF THE TOTAL M For For
AMOUNT OF DIRECTORS
COMPENSATION
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 17 AUTHORIZATION TO AWARD OPTIONS M For For
TO SUBSCRIBE FOR OR PURCHASE
STOCK OF THE COMPANY IN FAVOUR
OF THE MANAGEMENT AND KEY
EMPLOYEES OF THE GROUP
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 18 AUTHORIZATION FOR ISSUING M For For
CONVERTIBLE OR OTHER EQUITY
SECURITIES
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 19 AUTHORIZATION TO USE THE ABOVE M For For
DELEGATION WITHOUT MAINTENANCE
OF PREFERENTIAL SUBSCRIPTION
RIGHTS, BUT WITH AN OPTION TO
GRANT A PRIORITY PERIOD
Total S.A. (Formerly
Total Fina Elf S.A ) France 5/14/2004 Annual 8.92E+113 20 CAPITAL INCREASE RESERVED FOR M For For
EMPLOYEES
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 1 TO RECEIVE AND ADOPT THE M For For
DIRECTORS REPORT AND THE
FINANCIAL STATEMENTS (ORDINARY
RESOLUTION)
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 2 TO APPROVE THE REMUNERATION M For For
REPORT (ORDINARY RESOLUTION)
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 3 TO ELECT MR H LAWRENCE CULP AS A M For For
DIRECTOR (ORDINARY RESOLUTION)
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 4 TO ELECT MR CRISPIN DAVIS AS A M For For
DIRECTOR (ORDINARY RESOLUTION)
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 5 TO ELECT SIR ROBERT WILSON AS A M For For
DIRECTOR (ORDINARY RESOLUTION)
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 6 TO ELECT DR TACHI YAMADA AS A M For For
DIRECTOR (ORDINARY RESOLUTION)
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 7 TO RE-ELECT SIR CHRISTOPHER HOGG M For For
AS A DIRECTOR (ORDINARY
RESOLUTION)
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 8 Ratify Auditors M For For
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 9 REMUNERATION OF AUDITORS M For For
(ORDINARY RESOLUTION)
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 10 AUTHORISE THE COMPANY TO MAKE M For For
DONATIONS TO EU POLITICAL ORGAN-
ISATIONS AND INCUR EU
POLITICAL EXPENDITURE (SPECIAL
BUSINESS)
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 11 DISAPPLICATION OF PRE-EMPTION M For For
RIGHTS (SPECIAL RESOLUTION)
GlaxoSmithKline PLC
(formerly Glaxo
Wellcome Plc ) United Kingdom 5/17/2004 Annual 37733W105 12 AUTHORITY FOR THE COMPANY TO M For For
PURCHASE ITS OWN SHARES (SPECIAL
RESOLUTION)
Principal Financial
Group, Inc. USA 5/18/2004 Annual 74251V102 1.1 Elect Director David J. Drury M For For
Principal Financial
Group, Inc. USA 5/18/2004 Annual 74251V102 1.2 Elect Director C. Daniel Gelatt M For For
Principal Financial
Group, Inc. USA 5/18/2004 Annual 74251V102 1.3 Elect Director Sandra L. Helton M For For
Principal Financial
Group, Inc. USA 5/18/2004 Annual 74251V102 1.4 Elect Director Federico F. Pena M For For
Principal Financial
Group, Inc. USA 5/18/2004 Annual 74251V102 2 Ratify Auditors M For For
Principal Financial
Group, Inc. USA 5/18/2004 Annual 74251V102 3 Approve Executive Incentive M For For
Bonus Plan
Diamond Offshore
Drilling, Inc. USA 5/18/2004 Annual 25271C102 1.1 Elect Director James S. Tisch M For Withhold
Diamond Offshore
Drilling, Inc. USA 5/18/2004 Annual 25271C102 1.2 Elect Director Lawrence R. M For Withhold
Dickerson
Diamond Offshore
Drilling, Inc. USA 5/18/2004 Annual 25271C102 1.3 Elect Director Alan R. Batkin M For For
Diamond Offshore
Drilling, Inc. USA 5/18/2004 Annual 25271C102 1.4 Elect Director Charles L. M For For
Fabrikant
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Diamond Offshore
Drilling, Inc. USA 5/18/2004 Annual 25271C102 1.5 Elect Director Herbert C. M For Withhold
Hofmann
Diamond Offshore
Drilling, Inc. USA 5/18/2004 Annual 25271C102 1.6 Elect Director Arthur L. Rebell M For Withhold
Diamond Offshore
Drilling, Inc. USA 5/18/2004 Annual 25271C102 1.7 Elect Director Raymond S. M For For
Troubh
Diamond Offshore
Drilling, Inc. USA 5/18/2004 Annual 25271C102 2 Amend Stock Option Plan M For For
Diamond Offshore
Drilling, Inc. USA 5/18/2004 Annual 25271C102 3 Ratify Auditors M For For
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 1.1 Elect Director Paul T. Addison M For For
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 1.1 Elect Director Paul T. Addison M For For
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 1.2 Elect Director Ernest J. Novak, M For For
Jr.
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 1.2 Elect Director Ernest J. Novak, M For For
Jr.
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 1.3 Elect Director John M. M For For
Pietruski
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 1.3 Elect Director John M. M For For
Pietruski
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 1.4 Elect Director Catherine A. M For For
Rein
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 1.4 Elect Director Catherine A. M For For
Rein
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 1.5 Elect Director Robert C. Savage M For For
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 1.5 Elect Director Robert C. Savage M For For
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 2 Ratify Auditors M For For
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 2 Ratify Auditors M For For
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 3 Declassify the Board of M For For
Directors
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 3 Declassify the Board of M For For
Directors
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 4 Reduce Supermajority Vote M For For
Requirement
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 4 Reduce Supermajority Vote M For For
Requirement
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 5 Approve Deferred Compensation M For For
Plan
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 5 Approve Deferred Compensation M For For
Plan
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 6 Approve Deferred Compensation M For For
Plan
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 6 Approve Deferred Compensation M For For
Plan
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 7 Expense Stock Options S Against For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 7 Expense Stock Options S Against For
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 8 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 8 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 9 Report on Political S Against Against
Contributions/Activities
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 9 Report on Political S Against Against
Contributions/Activities
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 10 Submit Severance Agreement S Against For
(Change-in-Control) to
Shareholder Vote
FirstEnergy
Corporation USA 5/18/2004 Annual 337932107 10 Submit Severance Agreement S Against For
(Change-in-Control) to
Shareholder Vote
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.1 Elect Director F. Duane M For For
Ackerman
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.2 Elect Director James G. Andress M For For
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.3 Elect Director Edward A. M For For
Brennan
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.4 Elect Director W. James Farrell M For For
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.5 Elect Director Jack M. M For For
Greenberg
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.6 Elect Director Ronald T. LeMay M For For
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.7 Elect Director Edward M. Liddy M For For
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.8 Elect Director J. Christopher M For For
Reyes
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.9 Elect Director H. John Riley, M For For
Jr.
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.1 Elect Director Joshua I. Smith M For For
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.11 Elect Director Judith A. M For For
Sprieser
The Allstate Corp. USA 5/18/2004 Annual 20002101 1.12 Elect Director Mary Alice M For For
Taylor
The Allstate Corp. USA 5/18/2004 Annual 20002101 2 Ratify Auditors M For For
The Allstate Corp. USA 5/18/2004 Annual 20002101 3 Amend Executive Incentive Bonus M For For
Plan
The Allstate Corp. USA 5/18/2004 Annual 20002101 4 Amend Executive Incentive Bonus M For For
Plan
The Allstate Corp. USA 5/18/2004 Annual 20002101 5 Provide for Cumulative Voting S Against Against
Intel Corp. USA 5/19/2004 Annual 458140100 1.1 Elect Director Craig R. Barrett M For For
Intel Corp. USA 5/19/2004 Annual 458140100 1.2 Elect Director Charlene M For For
Barshefsky
Intel Corp. USA 5/19/2004 Annual 458140100 1.3 Elect Director E. John P. M For For
Browne
Intel Corp. USA 5/19/2004 Annual 458140100 1.4 Elect Director Andrew S. Grove M For For
Intel Corp. USA 5/19/2004 Annual 458140100 1.5 Elect Director D. James Guzy M For For
Intel Corp. USA 5/19/2004 Annual 458140100 1.6 Elect Director Reed E. Hundt M For For
Intel Corp. USA 5/19/2004 Annual 458140100 1.7 Elect Director Paul S. Otellini M For For
Intel Corp. USA 5/19/2004 Annual 458140100 1.8 Elect Director David S. M For For
Pottruck
Intel Corp. USA 5/19/2004 Annual 458140100 1.9 Elect Director Jane E. Shaw M For For
Intel Corp. USA 5/19/2004 Annual 458140100 1.1 Elect Director John L. Thornton M For For
Intel Corp. USA 5/19/2004 Annual 458140100 1.11 Elect Director David B. Yoffie M For For
Intel Corp. USA 5/19/2004 Annual 458140100 2 Ratify Auditors M For For
Intel Corp. USA 5/19/2004 Annual 458140100 3 Approve Omnibus Stock Plan M For For
Intel Corp. USA 5/19/2004 Annual 458140100 4 Expense Stock Options S Against For
Intel Corp. USA 5/19/2004 Annual 458140100 5 Limit/Prohibit Awards to S Against Against
Executives
Intel Corp. USA 5/19/2004 Annual 458140100 6 Performance- Based/Indexed S Against Against
Options
Halliburton Co. USA 5/19/2004 Annual 406216101 1.1 Elect Director Robert L. M For For
Crandall
Halliburton Co. USA 5/19/2004 Annual 406216101 1.2 Elect Director Kenneth T. Derr M For For
Halliburton Co. USA 5/19/2004 Annual 406216101 1.3 Elect Director Charles J. M For For
DiBona
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Halliburton Co. USA 5/19/2004 Annual 406216101 1.4 Elect Director W. R. Howell M For For
Halliburton Co. USA 5/19/2004 Annual 406216101 1.5 Elect Director Ray L. Hunt M For For
Halliburton Co. USA 5/19/2004 Annual 406216101 1.6 Elect Director David J. Lesar M For For
Halliburton Co. USA 5/19/2004 Annual 406216101 1.7 Elect Director Aylwin B. Lewis M For For
Halliburton Co. USA 5/19/2004 Annual 406216101 1.8 Elect Director J. Landis Martin M For For
Halliburton Co. USA 5/19/2004 Annual 406216101 1.9 Elect Director Jay A. Precourt M For For
Halliburton Co. USA 5/19/2004 Annual 406216101 1.1 Elect Director Debra L. Reed M For For
Halliburton Co. USA 5/19/2004 Annual 406216101 1.11 Elect Director C. J. Silas M For For
Halliburton Co. USA 5/19/2004 Annual 406216101 2 Increase Authorized Common Stock M For For
Halliburton Co. USA 5/19/2004 Annual 406216101 3 Review/Report on Operations in S Against Against
Iran
Halliburton Co. USA 5/19/2004 Annual 406216101 4 Require Affirmative Vote of a S Against Against
Majority of the Shares to Elect
Directors
Halliburton Co. USA 5/19/2004 Annual 406216101 5 Separate Chairman and CEO S Against Against
Positions
Jones Apparel
Group, Inc. USA 5/19/2004 Annual 480074103 1.1 Elect Director Peter Boneparth M For For
Jones Apparel
Group, Inc. USA 5/19/2004 Annual 480074103 1.2 Elect Director Sidney Kimmel M For For
Jones Apparel
Group, Inc. USA 5/19/2004 Annual 480074103 1.3 Elect Director Geraldine Stutz M For For
Jones Apparel
Group, Inc. USA 5/19/2004 Annual 480074103 1.4 Elect Director Howard Gittis M For For
Jones Apparel
Group, Inc. USA 5/19/2004 Annual 480074103 1.5 Elect Director Anthony F. M For For
Scarpa
Jones Apparel
Group, Inc. USA 5/19/2004 Annual 480074103 1.6 Elect Director Matthew H. M For For
Kamens
Jones Apparel
Group, Inc. USA 5/19/2004 Annual 480074103 1.7 Elect Director Michael L. M For For
Tarnopol
Jones Apparel
Group, Inc. USA 5/19/2004 Annual 480074103 1.8 Elect Director J. Robert Kerrey M For For
Jones Apparel
Group, Inc. USA 5/19/2004 Annual 480074103 1.9 Elect Director Ann N. Reese M For For
Jones Apparel
Group, Inc. USA 5/19/2004 Annual 480074103 2 Ratify Auditors M For For
Jones Apparel
Group, Inc. USA 5/19/2004 Annual 480074103 3 Amend Omnibus Stock Plan M For For
McDonald's Corp. USA 5/20/2004 Annual 580135101 1.1 Elect Director Edward A. M For For
Brennan
McDonald's Corp. USA 5/20/2004 Annual 580135101 1.2 Elect Director Walter E. Massey M For For
McDonald's Corp. USA 5/20/2004 Annual 580135101 1.3 Elect Director John W. Rogers,
Jr. M For For
McDonald's Corp. USA 5/20/2004 Annual 580135101 1.4 Elect Director Anne-Marie
Slaughter M For For
McDonald's Corp. USA 5/20/2004 Annual 580135101 1.5 Elect Director Roger W. Stone M For For
McDonald's Corp. USA 5/20/2004 Annual 580135101 2 Ratify Auditors M For For
McDonald's Corp. USA 5/20/2004 Annual 580135101 3 Amend Omnibus Stock Plan M For For
McDonald's Corp. USA 5/20/2004 Annual 580135101 4 Approve/Amend Executive
Incentive Bonus Plan M For For
TXU Corp. USA 5/21/2004 Annual 873168108 1.1 Elect Director Derek C. Bonham M For For
TXU Corp. USA 5/21/2004 Annual 873168108 1.2 Elect Director E. Gail de M For For
Planque
TXU Corp. USA 5/21/2004 Annual 873168108 1.3 Elect Director William M. M For For
Griffin
TXU Corp. USA 5/21/2004 Annual 873168108 1.4 Elect Director Kerney Laday M For For
TXU Corp. USA 5/21/2004 Annual 873168108 1.5 Elect Director Jack E. Little M For For
TXU Corp. USA 5/21/2004 Annual 873168108 1.6 Elect Director Erle Nye M For For
TXU Corp. USA 5/21/2004 Annual 873168108 1.7 Elect Director J.E. M For For
Oesterreicher
TXU Corp. USA 5/21/2004 Annual 873168108 1.8 Elect Director Michael W. M For For
Ranger
TXU Corp. USA 5/21/2004 Annual 873168108 1.9 Elect Director Herbert H. M For For
Richardson
TXU Corp. USA 5/21/2004 Annual 873168108 1.1 Elect Director C. John Wilder M For For
TXU Corp. USA 5/21/2004 Annual 873168108 2 Ratify Auditors M For For
TXU Corp. USA 5/21/2004 Annual 873168108 3 Limit Executive Compensation S Against Against
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Constellation Energy
Group, Inc. USA 5/21/2004 Annual 210371100 1.1 Elect Director James T. Brady M For For
Constellation Energy
Group, Inc. USA 5/21/2004 Annual 210371100 1.2 Elect Director James R. Curtiss M For For
Constellation Energy
Group, Inc. USA 5/21/2004 Annual 210371100 1.3 Elect Director Edward J. Kelly, M For For
III
Constellation Energy
Group, Inc. USA 5/21/2004 Annual 210371100 1.4 Elect Director Robert J. M For For
Lawless
Constellation Energy
Group, Inc. USA 5/21/2004 Annual 210371100 2 Ratify Auditors M For For
The May Department
Stores Co. USA 5/21/2004 Annual 577778103 1.1 Elect Director Eugene S. Kahn M For For
The May Department
Stores Co. USA 5/21/2004 Annual 577778103 1.2 Elect Director Helene L. Kaplan M For For
The May Department
Stores Co. USA 5/21/2004 Annual 577778103 1.3 Elect Director James M. Kilts M For For
The May Department
Stores Co. USA 5/21/2004 Annual 577778103 1.4 Elect Director Russell E. Palmer M For For
The May Department
Stores Co. USA 5/21/2004 Annual 577778103 1.5 Elect Director William P. M For For
Stiritz
The May Department
Stores Co. USA 5/21/2004 Annual 577778103 2 Ratify Auditors M For For
The May Department
Stores Co. USA 5/21/2004 Annual 577778103 3 Amend Executive Incentive Bonus M For For
Plan
The May Department
Stores Co. USA 5/21/2004 Annual 577778103 4 Amend Omnibus Stock Plan M For For
The May Department
Stores Co. USA 5/21/2004 Annual 577778103 5 Declassify the Board of S Against Against
Directors
Federated Department
Stores, Inc. USA 5/21/2004 Annual 31410H101 1.1 Elect Director Sara Levinson M For For
Federated Department
Stores, Inc. USA 5/21/2004 Annual 31410H101 1.2 Elect Director Joseph Neubauer M For For
Federated Department
Stores, Inc. USA 5/21/2004 Annual 31410H101 1.3 Elect Director Joseph A. M For For
Pichler
Federated Department
Stores, Inc. USA 5/21/2004 Annual 31410H101 1.4 Elect Director Karl M. von der M For For
Heyden
Federated Department
Stores, Inc. USA 5/21/2004 Annual 31410H101 2 Ratify Auditors M For For
Federated Department
Stores, Inc. USA 5/21/2004 Annual 31410H101 3 Amend Omnibus Stock Plan M For For
Federated Department
Stores, Inc. USA 5/21/2004 Annual 31410H101 4 Declassify the Board of S Against Against
Directors
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 1 Approve Merger Agreement M For For
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 2.1 Elect Director Hans W. Becherer M For For
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 2.2 Elect Director Frank A. M For For
Bennack, Jr.
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 2.3 Elect Director John H. Biggs M For For
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 2.4 Elect Director Lawrence A. M For For
Bossidy
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 2.5 Elect Director Ellen V. Futter M For For
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 2.6 Elect Director William H. M For For
Gray, III
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 2.7 Elect Director William B. M For For
Harrison, Jr
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 2.8 Elect Director Helene L. Kaplan M For For
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 2.9 Elect Director Lee R. Raymond M For For
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 2.1 Elect Director John R. Stafford M For For
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 3 Ratify Auditors M For For
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 4 Amend Executive Incentive Bonus M For For
Plan
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 5 Adjourn Meeting M For Against
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 6 Establish Term Limits for S Against Against
Directors
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 7 Charitable Contributions S Against Against
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 8 Political Contributions S Against Against
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 9 Separate Chairman and CEO S Against Against
Positions
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 10 Provide Adequate Disclosure
for over the counter Derivatives S Against Against
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 11 Auditor Independence S Against Against
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 12 Submit Non-Employee Director S Against Against
Compensation to Vote
JP Morgan Chase & Co. USA 5/25/2004 Annual 46625H100 13 Report on Pay Disparity S Against Against
Fannie Mae USA 5/25/2004 Annual 313586109 1.1 Elect Director Stephen B. M For For
Ashley
Fannie Mae USA 5/25/2004 Annual 313586109 1.2 Elect Director Kenneth M. M For For
Duberstein
Fannie Mae USA 5/25/2004 Annual 313586109 1.3 Elect Director Thomas P. M For For
Gerrity
Fannie Mae USA 5/25/2004 Annual 313586109 1.4 Elect Director Timothy Howard M For For
Fannie Mae USA 5/25/2004 Annual 313586109 1.5 Elect Director Ann Korologos M For For
Fannie Mae USA 5/25/2004 Annual 313586109 1.6 Elect Director Frederic V. M For For
Malek
Fannie Mae USA 5/25/2004 Annual 313586109 1.7 Elect Director Donald B. Marron M For For
Fannie Mae USA 5/25/2004 Annual 313586109 1.8 Elect Director Daniel H. Mudd M For For
Fannie Mae USA 5/25/2004 Annual 313586109 1.9 Elect Director Anne M. Mulcahy M For For
Fannie Mae USA 5/25/2004 Annual 313586109 1.1 Elect Director Joe K. Pickett M For For
Fannie Mae USA 5/25/2004 Annual 313586109 1.11 Elect Director Leslie Rahl M For For
Fannie Mae USA 5/25/2004 Annual 313586109 1.12 Elect Director Franklin D. M For For
Raines
Fannie Mae USA 5/25/2004 Annual 313586109 1.13 Elect Director H. Patrick M For For
Swygert
Fannie Mae USA 5/25/2004 Annual 313586109 2 Ratify Auditors M For For
Fannie Mae USA 5/25/2004 Annual 313586109 3 Amend Employee Stock Purchase M For For
Plan
Fannie Mae USA 5/25/2004 Annual 313586109 4 Provide for Cumulative Voting S Against Against
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.1 Elect Director William Barnet, M For For
III
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.2 Elect Director Charles W. Coker M For For
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.3 Elect Director John T. Collins M For For
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.4 Elect Director Gary L.
Countryman M For For
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.5 Elect Director Paul Fulton M For For
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.6 Elect Director Charles K. M For For
Gifford
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.7 Elect Director Donald E. M For For
Guinn
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.8 Elect Director James H. Hance, M For For
Jr.
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.9 Elect Director Kenneth D. Lewis M For For
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.1 Elect Director Walter E. Massey M For For
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.11 Elect Director Thomas J. May M For For
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.12 Elect Director C. Steven M For For
McMillan
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.13 Elect Director Eugene M. M For For
McQuade
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.14 Elect Director Patricia E. M For For
Mitchell
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.15 Elect Director Edward L. Romero M For For
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.16 Elect Director Thomas M. Ryan M For For
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.17 Elect Director O. Temple Sloan, M For For
Jr.
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.18 Elect Director Meredith R. M For For
Spangler
Bank of America Corp. USA 5/26/2004 Annual 60505104 1.19 Elect Director Jackie M. Ward M For For
Bank of America Corp. USA 5/26/2004 Annual 60505104 2 Ratify Auditors M For For
Bank of America Corp. USA 5/26/2004 Annual 60505104 3 Change Date of Annual Meeting S Against Against
Bank of America Corp. USA 5/26/2004 Annual 60505104 4 Adopt Nomination Procedures for S Against Against
the Board
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Bank of America Corp. USA 5/26/2004 Annual 60505104 5 Charitable Contributions S Against Against
Bank of America Corp. USA 5/26/2004 Annual 60505104 6 Establish Independent Committee S Against Against
to Review Mutual Fund Policy
Bank of America Corp. USA 5/26/2004 Annual 60505104 7 Adopt Standards Regarding S Against Against
Privacy and Information Security
Credence Systems Corp. USA 5/27/2004 Special 225302108 1 Approve Merger Agreement M For For
RenaissanceRe Holdings
Ltd. Bermuda 5/28/2004 Annual G7496G103 1.1 Elect Director William F. Hecht M For For
RenaissanceRe Holdings
Ltd. Bermuda 5/28/2004 Annual G7496G103 1.2 Elect Director William I. Rike M For For
RenaissanceRe Holdings
Ltd. Bermuda 5/28/2004 Annual G7496G103 1.3 Elect Director Nicholas L. M For For
Trivisonno
RenaissanceRe Holdings
Ltd. Bermuda 5/28/2004 Annual G7496G103 2 Ratify Auditors M For For
General Motors Corp. USA 6/2/2004 Annual 370442105 1.1 Elect Director Percy N. M For For
Barnevik
General Motors Corp. USA 6/2/2004 Annual 370442105 1.2 Elect Director John H. Bryan M For For
General Motors Corp. USA 6/2/2004 Annual 370442105 1.3 Elect Director Armando M. M For For
Codina
General Motors Corp. USA 6/2/2004 Annual 370442105 1.4 Elect Director George M.C. M For For
Fisher
General Motors Corp. USA 6/2/2004 Annual 370442105 1.5 Elect Director Karen Katen M For For
General Motors Corp. USA 6/2/2004 Annual 370442105 1.6 Elect Director Kent Kresa M For For
General Motors Corp. USA 6/2/2004 Annual 370442105 1.7 Elect Director Alan G. Lafley M For For
General Motors Corp. USA 6/2/2004 Annual 370442105 1.8 Elect Director Philip A. M For For
Laskawy
General Motors Corp. USA 6/2/2004 Annual 370442105 1.9 Elect Director E.Stanley O'Neal M For For
General Motors Corp. USA 6/2/2004 Annual 370442105 1.1 Elect Director Eckhard Pfeiffer M For For
General Motors Corp. USA 6/2/2004 Annual 370442105 1.11 Elect Director G.Richard M For For
Wagoner, Jr.
General Motors Corp. USA 6/2/2004 Annual 370442105 2 Ratify Auditors M For For
General Motors Corp. USA 6/2/2004 Annual 370442105 3 Prohibit Awards to Executives S Against Against
General Motors Corp. USA 6/2/2004 Annual 370442105 4 Prohibit Awards to Executives S Against Against
General Motors Corp. USA 6/2/2004 Annual 370442105 5 Separate Chairman and CEO S Against Against
Positions
General Motors Corp. USA 6/2/2004 Annual 370442105 6 Limit Composition of Committees S Against Against
to Independent Directors
General Motors Corp. USA 6/2/2004 Annual 370442105 7 Report on Greenhouse Gas S Against Against
Emissions
General Motors Corp. USA 6/2/2004 Annual 370442105 8 Submit Severance Agreement S Against For
(Change-in-Control) to
Shareholder Vote
General Motors Corp. USA 6/2/2004 Annual 370442105 9 Establish Executive and Director S Against Against
Stock Ownership Guidelines
CENTERPOINT ENERGY INC USA 6/3/2004 Annual 15189T107 1.1 Elect Director Robert T. M For For
O'Connell
CENTERPOINT ENERGY INC USA 6/3/2004 Annual 15189T107 1.2 Elect Director Milton Carroll M For For
CENTERPOINT ENERGY INC USA 6/3/2004 Annual 15189T107 1.3 Elect Director John T. Cater M For For
CENTERPOINT ENERGY INC USA 6/3/2004 Annual 15189T107 1.4 Elect Director Michael E. M For For
Shannon
CENTERPOINT ENERGY INC USA 6/3/2004 Annual 15189T107 2 Ratify Auditors M For For
CENTERPOINT ENERGY INC USA 6/3/2004 Annual 15189T107 3 Limit Awards to Executives S Against Against
CENTERPOINT ENERGY INC USA 6/3/2004 Annual 15189T107 4 Declassify the Board of S Against Against
Directors
CENTERPOINT ENERGY INC USA 6/3/2004 Annual 15189T107 5 Other Business M For Against
GLOBAL SANTA FE CORP.
(formerly Santa Fe Cayman
International Corp) Islands 6/9/2004 Annual G3930E101 NULL NULL S NULL NULL
Liberty Media Corp. USA 6/9/2004 Annual 530718105 1.1 Elect Director Robert R. M For For
Bennett
Liberty Media Corp. USA 6/9/2004 Annual 530718105 1.2 Elect Director Paul A. Gould M For For
Liberty Media Corp. USA 6/9/2004 Annual 530718105 1.3 Elect Director John C. Malone M For For
Liberty Media Corp. USA 6/9/2004 Annual 530718105 2 Amend Executive Incentive Bonus M For For
Plan
Liberty Media Corp. USA 6/9/2004 Annual 530718105 3 Ratify Auditors M For For
Comverse Technology,
Inc. USA 6/15/2004 Annual 205862402 1.1 Elect Director Kobi Alexander M For For
Comverse Technology,
Inc. USA 6/15/2004 Annual 205862402 1.2 Elect Director Raz Alon M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Comverse Technology,
Inc. USA 6/15/2004 Annual 205862402 1.3 Elect Director Itsik Danziger M For For
Comverse Technology,
Inc. USA 6/15/2004 Annual 205862402 1.4 Elect Director John H. Friedman M For For
Comverse Technology,
Inc. USA 6/15/2004 Annual 205862402 1.5 Elect Director Ron Hiram M For For
Comverse Technology,
Inc. USA 6/15/2004 Annual 205862402 1.6 Elect Director Sam Oolie M For For
Comverse Technology,
Inc. USA 6/15/2004 Annual 205862402 1.7 Elect Director William F. Sorin M For For
Comverse Technology,
Inc. USA 6/15/2004 Annual 205862402 2 Approve Omnibus Stock Plan M For For
Comverse Technology,
Inc. USA 6/15/2004 Annual 205862402 3 Ratify Auditors M For For
The Kroger Co. USA 6/24/2004 Annual 501044101 1.1 Elect Director John L. M For For
Clendenin
The Kroger Co. USA 6/24/2004 Annual 501044101 1.2 Elect Director David B. Dillon M For For
The Kroger Co. USA 6/24/2004 Annual 501044101 1.3 Elect Director David B. Lewis M For For
The Kroger Co. USA 6/24/2004 Annual 501044101 1.4 Elect Director Don W. McGeorge M For For
The Kroger Co. USA 6/24/2004 Annual 501044101 1.5 Elect Director W. Rodney M For For
McMullen
The Kroger Co. USA 6/24/2004 Annual 501044101 1.6 Elect Director Susan M. M For For
Phillips
The Kroger Co. USA 6/24/2004 Annual 501044101 2 Ratify Auditors M For For
The Kroger Co. USA 6/24/2004 Annual 501044101 3 Declassify the Board of S Against Against
Directors
The Kroger Co. USA 6/24/2004 Annual 501044101 4 Separate Chairman and CEO S Against Against
Positions
The Kroger Co. USA 6/24/2004 Annual 501044101 5 Submit Severance Agreement S Against Against
(Change-in-Control) to
Shareholder Vote
Royal Dutch Petroleum
Co. Netherlands 6/28/2004 Annual 780257804 1 FINALIZATION OF THE BALANCE M For For
SHEET AS AT DECEMBER 31, 2003,
THE PROFIT AND LOSS ACCOUNT FOR
THE YEAR 2003 AND THE NOTES TO
THE BALANCE SHEET AND THE PROFIT
AND LOSS ACCOUNT.
Royal Dutch Petroleum
Co. Netherlands 6/28/2004 Annual 780257804 2 DECLARATION OF THE TOTAL M For For
DIVIDEND FOR THE YEAR 2003.
Royal Dutch Petroleum
Co. Netherlands 6/28/2004 Annual 780257804 3 DISCHARGE OF THE MANAGING M For Against
DIRECTORS OF RESPONSIBILITY IN
RESPECT OF THEIR MANAGEMENT FOR
THE YEAR 2003.
Royal Dutch Petroleum
Co. Netherlands 6/28/2004 Annual 780257804 4 DISCHARGE OF THE MEMBERS OF THE M For Against
SUPERVISORY BOARD OF
RESPONSIBILITY FOR THEIR
SUPERVISION FOR THE YEAR 2003.
Royal Dutch Petroleum
Co. Netherlands 6/28/2004 Annual 780257804 5 APPOINTMENT OF MS. L.Z. COOK AS M For For
A MANAGING DIRECTOR OF THE
COMPANY.*
Royal Dutch Petroleum
Co. Netherlands 6/28/2004 Annual 780257804 6 APPOINTMENT OF MRS. CH. MORIN- M For For
POSTEL AS A MEMBER OF THE
SUPERVISORY BOARD.*
Royal Dutch Petroleum
Co. Netherlands 6/28/2004 Annual 780257804 7 APPOINTMENT OF MR. M.A. VAN DEN M For For
BERGH AS A MEMBER OF THE
SUPERVISORY BOARD OWING TO
RETIREMENT BY ROTATION.*
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Royal Dutch Petroleum
Co. Netherlands 6/28/2004 Annual 780257804 8 REDUCTION OF THE ISSUED SHARE M For For
CAPITAL WITH A VIEW TO
CANCELLATION OF THE SHARES
ACQUIRED BY THE COMPANY IN ITS
OWN CAPITAL.
Royal Dutch Petroleum
Co. Netherlands 6/28/2004 Annual 780257804 9 AUTHORIZATION OF THE BOARD OF M For For
MANAGEMENT, PURSUANT TO ARTICLE
98, BOOK 2 OF THE NETHERLANDS
CIVIL CODE, AS THE COMPETENT
BODY TO ACQUIRE SHARES IN THE
CAPITAL OF THE COMPANY.
Check Point Software
Technologies Inc Israel 6/30/2004 Annual M22465104 1 ELECTION OF DIRECTORS (OTHER M For For
THAN OUTSIDE DIRECTORS): (NOTE:
DIRECTORS ARE ELECTED AS A
GROUP, NOT INDIVIDUALLY):
GIL SHWED, MARIUS NACHT, DAVID
RUBNER, TAL SHAVIT.
Check Point Software
Technologies Inc Israel 6/30/2004 Annual M22465104 2 TO RATIFY THE CONSOLIDATED M For For
FINANCIAL STATEMENTS OF THE
COMPANY FOR THE YEAR ENDED
DECEMBER 31, 2003.
Check Point Software
Technologies Inc Israel 6/30/2004 Annual M22465104 3 TO RATIFY THE APPOINTMENT AND M For For
COMPENSATION OF THE COMPANY S
INDEPENDENT PUBLIC ACCOUNTANTS.
Check Point Software
Technologies Inc Israel 6/30/2004 Annual M22465104 4 TO APPROVE AMENDMENT TO M For For
DIRECTORS COMPENSATION.
Check Point Software
Technologies Inc Israel 6/30/2004 Annual M22465104 5 TO APPROVE EXECUTIVE OFFICERS M For For
COMPENSATION.
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.1 Elect Director J.T. Battenberg M For For
III
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.2 Elect Director Charles W. Coker M For For
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.3 Elect Director James S. Crown M For For
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.4 Elect Director Willie D. Davis M For For
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.5 Elect Director Vernon E. Jordan, M For For
Jr.
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.6 Elect Director Laurette T. M For For
Koellner
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.7 Elect Director Cornelis J.A. M For For
Van Lede
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.8 Elect Director Joan D. Manley M For For
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.9 Elect Director Cary D. McMillan M For For
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.10 Elect Director C. Steven M For For
McMillan
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.11 Elect Director Rozanne L. M For For
Ridgway
Sara Lee Corp. USA 2003-10-30 Annual 803111103 1.12 Elect Director Richard L. Thomas M For For
Sara Lee Corp. USA 2003-10-30 Annual 803111103 2 Ratify Auditors M For For
Sara Lee Corp. USA 2003-10-30 Annual 803111103 3 Report on Charitable S Against Against
Contributions
Sara Lee Corp. USA 2003-10-30 Annual 803111103 4 Implement and Monitor Code of S Against Against
Corporate Conduct - ILO
Standards
Affiliated Computer
Services, Inc. USA 2003-10-30 Annual 008190100 1.1 Elect Director Darwin Deason M For For
Affiliated Computer
Services, Inc. USA 2003-10-30 Annual 008190100 1.2 Elect Director Jeffrey A. Rich M For For
Affiliated Computer
Services, Inc. USA 2003-10-30 Annual 008190100 1.3 Elect Director Mark A. King M For For
Affiliated Computer
Services, Inc. USA 2003-10-30 Annual 008190100 1.4 Elect Director Joseph P. O'Neill M For For
Affiliated Computer
Services, Inc. USA 2003-10-30 Annual 008190100 1.5 Elect Director Frank A. Rossi M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Affiliated Computer
Services, Inc. USA 2003-10-30 Annual 008190100 1.6 Elect Director J. Livingston M For For
Kosberg
Affiliated Computer
Services, Inc. USA 2003-10-30 Annual 008190100 1.7 Elect Director Dennis McCuistion M For For
Affiliated Computer
Services, Inc. USA 2003-10-30 Annual 008190100 2 Approve Executive Incentive M For For
Bonus Plan
Affiliated Computer
Services, Inc. USA 2003-10-30 Annual 008190100 3 Ratify Auditors M For For
JDS Uniphase Corp. USA 2003-11-06 Annual 46612J101 1.1 Elect Director Robert E. Enos M For For
JDS Uniphase Corp. USA 2003-11-06 Annual 46612J101 1.2 Elect Director Peter A. M For For
Guglielmi
JDS Uniphase Corp. USA 2003-11-06 Annual 46612J101 2 Approve Omnibus Stock Plan M For For
JDS Uniphase Corp. USA 2003-11-06 Annual 46612J101 3 Ratify Auditors M For For
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 1.1 Elect Director Carol A. Bartz M For For
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 1.2 Elect Director Larry R. Carter M For For
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 1.3 Elect Director John T. Chambers M For For
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 1.4 Elect Director Dr. James F. M For For
Gibbons
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 1.5 Elect Director Dr. John L. M For For
Hennessy
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 1.6 Elect Director Roderick C. M For For
McGeary
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 1.7 Elect Director James C. Morgan M For For
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 1.8 Elect Director John P. Morgridge M For For
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 1.9 Elect Director Donald T. M For For
Valentine
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 1.10 Elect Director Steven M. West M For For
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 1.11 Elect Director Jerry Yang M For For
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 2 Amend Employee Stock Purchase M For For
Plan
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 3 Ratify Auditors M For For
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 4 Report on Company Products Used S Against Against
by the Government to Monitor the
Internet
Cisco Systems, Inc. USA 2003-11-11 Annual 17275R102 5 Report on Pay Disparity S Against Against
Microsoft Corp. USA 2003-11-11 Annual 594918104 1.1 Elect Director William H. Gates, M For For
III
Microsoft Corp. USA 2003-11-11 Annual 594918104 1.2 Elect Director Steven A. Ballmer M For For
Microsoft Corp. USA 2003-11-11 Annual 594918104 1.3 Elect Director James I. Cash, M For For
Jr., Ph.D.
Microsoft Corp. USA 2003-11-11 Annual 594918104 1.4 Elect Director Raymond V. M For For
Gilmartin
Microsoft Corp. USA 2003-11-11 Annual 594918104 1.5 Elect Director Ann McLaughlin M For For
Korologos
Microsoft Corp. USA 2003-11-11 Annual 594918104 1.6 Elect Director David F. M For For
Marquardt
Microsoft Corp. USA 2003-11-11 Annual 594918104 1.7 Elect Director Charles H. Noski M For For
Microsoft Corp. USA 2003-11-11 Annual 594918104 1.8 Elect Director Dr. Helmut Panke M For For
Microsoft Corp. USA 2003-11-11 Annual 594918104 1.9 Elect Director Wm. G. Reed, Jr. M For For
Microsoft Corp. USA 2003-11-11 Annual 594918104 1.10 Elect Director Jon A. Shirley M For For
Microsoft Corp. USA 2003-11-11 Annual 594918104 2 Amend Omnibus Stock Plan M For For
Microsoft Corp. USA 2003-11-11 Annual 594918104 3 Amend Non-Employee Director M For For
Stock Option Plan
Microsoft Corp. USA 2003-11-11 Annual 594918104 4 Refrain from Giving Charitable
Contributions S Against Against
Boise Cascade Corp. USA 2003-12-09 Special 097383103 NULL NULL S NULL NULL
Comverse Technology,
Inc. USA 2003-12-16 Annual 205862402 1.1 Elect Director Kobi Alexander M For For
Comverse Technology,
Inc. USA 2003-12-16 Annual 205862402 1.2 Elect Director Raz Alon M For For
Comverse Technology,
Inc. USA 2003-12-16 Annual 205862402 1.3 Elect Director Itsik Danziger M For For
Comverse Technology,
Inc. USA 2003-12-16 Annual 205862402 1.4 Elect Director John H. Friedman M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Comverse Technology,
Inc. USA 2003-12-16 Annual 205862402 1.5 Elect Director Ron Hiram M For For
Comverse Technology,
Inc. USA 2003-12-16 Annual 205862402 1.6 Elect Director Sam Oolie M For For
Comverse Technology,
Inc. USA 2003-12-16 Annual 205862402 1.7 Elect Director William F. Sorin M For For
Comverse Technology,
Inc. USA 2003-12-16 Annual 205862402 2 Amend Employee Stock Purchase
Plan M For For
Comverse Technology,
Inc. USA 2003-12-16 Annual 205862402 3 Approve Executive Incentive
Bonus Plan M For For
Comverse Technology,
Inc. USA 2003-12-16 Annual 205862402 4 Ratify Auditors M For For
Jabil Circuit, Inc. USA 2004-01-13 Annual 466313103 1.1 Elect Director William D. Morean M For For
Jabil Circuit, Inc. USA 2004-01-13 Annual 466313103 1.2 Elect Director Thomas A. Sansone M For For
Jabil Circuit, Inc. USA 2004-01-13 Annual 466313103 1.3 Elect Director Timothy L. Main M For For
Jabil Circuit, Inc. USA 2004-01-13 Annual 466313103 1.4 Elect Director Lawrence J. M For For
Murphy
Jabil Circuit, Inc. USA 2004-01-13 Annual 466313103 1.5 Elect Director Mel S. Lavitt M For For
Jabil Circuit, Inc. USA 2004-01-13 Annual 466313103 1.6 Elect Director Steven A. Raymund M For For
Jabil Circuit, Inc. USA 2004-01-13 Annual 466313103 1.7 Elect Director Frank A. Newman M For For
Jabil Circuit, Inc. USA 2004-01-13 Annual 466313103 1.8 Elect Director Laurence S. M For For
Grafstein
Jabil Circuit, Inc. USA 2004-01-13 Annual 466313103 2 Amend Omnibus Stock Plan M For For
Jabil Circuit, Inc. USA 2004-01-13 Annual 466313103 3 Ratify Auditors M For For
The Walt Disney
Company USA 2004-03-03 Annual 254687106 1.1 Elect Director John E. Bryson M For Withhold
The Walt Disney
Company USA 2004-03-03 Annual 254687106 1.2 Elect Director John S. Chen M For Withhold
The Walt Disney
Company USA 2004-03-03 Annual 254687106 1.3 Elect Director Michael D. M For Withhold
Eisner
The Walt Disney
Company USA 2004-03-03 Annual 254687106 1.4 Elect Director Judith L. Estrin M For Withhold
The Walt Disney
Company USA 2004-03-03 Annual 254687106 1.5 Elect Director Robert A. Iger M For Withhold
The Walt Disney
Company USA 2004-03-03 Annual 254687106 1.6 Elect Director Aylwin B. Lewis M For Withhold
The Walt Disney
Company USA 2004-03-03 Annual 254687106 1.7 Elect Director Monica C. Lozano M For Withhold
The Walt Disney
Company USA 2004-03-03 Annual 254687106 1.8 Elect Director Robert W. M For Withhold
Matschullat
The Walt Disney
Company USA 2004-03-03 Annual 254687106 1.9 Elect Director George J. M For Withhold
Mitchell
The Walt Disney
Company USA 2004-03-03 Annual 254687106 1.10 Elect Director Leo J. M For Withhold
O'Donovan, S.J.
The Walt Disney
Company USA 2004-03-03 Annual 254687106 1.11 Elect Director Gary L. Wilson M For Withhold
The Walt Disney
Company USA 2004-03-03 Annual 254687106 2 Ratify Auditors M For For
The Walt Disney
Company USA 2004-03-03 Annual 254687106 3 China Principles S Against Against
The Walt Disney
Company USA 2004-03-03 Annual 254687106 4 Report on Supplier Labor S Against For
Standards in China
The Walt Disney
Company USA 2004-03-03 Annual 254687106 5 Report on Amusement Park Safety S Against Against
AmerisourceBergen Corp USA 2004-03-05 Annual 03073E105 1.1 Elect Director Edward E. M For For
Hagenlocker
AmerisourceBergen Corp USA 2004-03-05 Annual 03073E105 1.2 Elect Director Kurt J. M For For
Hilzinger
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 1.1 Elect Director L.T. Babbio, Jr. M For For
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 1.2 Elect Director P.C. Dunn M For For
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 1.3 Elect Director C.S. Fiorina M For For
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 1.4 Elect Director R.A. Hackborn M For For
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 1.5 Elect Director G.A. Keyworth II M For For
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 1.6 Elect Director R.E. Knowling, M For For
Jr.
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 1.7 Elect Director S.M. Litvack M For Withhold
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 1.8 Elect Director R.L. Ryan M For For
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 1.9 Elect Director L.S. Salhany M For For
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 2 Ratify Auditors M For For
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 3 Approve Omnibus Stock Plan M For For
Hewlett-Packard Co. USA 2004-03-17 Annual 428236103 4 Expense Stock Options S Against For
Bank of America Corp. USA 2004-03-17 Special 060505104 1 Approve Merger Agreement M For For
Bank of America Corp. USA 2004-03-17 Special 060505104 2 Amend Omnibus Stock Plan M For For
Bank of America Corp. USA 2004-03-17 Special 060505104 3 Increase Authorized Common Stock M For For
Bank of America Corp. USA 2004-03-17 Special 060505104 4 Adjourn Meeting M For Against
Travelers Property
Casualty Corp. USA 2004-03-19 Special 89420G109 1 Approve Merger Agreement M For For
Travelers Property
Casualty Corp. USA 2004-03-19 Special 89420G406 1 Approve Merger Agreement M For For
Credence Systems Corp. USA 2004-03-23 Annual 225302108 1.1 Elect Director Richard M. Beyer M For For
Credence Systems Corp. USA 2004-03-23 Annual 225302108 1.2 Elect Director Thomas R. Franz M For Withhold
Credence Systems Corp. USA 2004-03-23 Annual 225302108 1.3 Elect Director William G. M For For
Howard, Jr.
Credence Systems Corp. USA 2004-03-23 Annual 225302108 1.4 Elect Director Bruce R. Wright M For For
Credence Systems Corp. USA 2004-03-23 Annual 225302108 2 Ratify Auditors M For For
Nokia Corp. Finland 2004-03-25 Annual 654902204 1 APPROVAL OF THE INCOME M For For
STATEMENTS AND THE BALANCE
SHEETS.
Nokia Corp. Finland 2004-03-25 Annual 654902204 2 APPROVAL OF A DIVIDEND OF EUR M For For
0.30 PER SHARE.
Nokia Corp. Finland 2004-03-25 Annual 654902204 3 APPROVAL OF THE DISCHARGE OF THE M For For
CHAIRMAN, THE MEMBERS OF THE
BOARD OF DIRECTORS AND THE
PRESIDENT FROM LIABILITY.
Nokia Corp. Finland 2004-03-25 Annual 654902204 4.1 Elect Director Paul J. Collins M For For
Nokia Corp. Finland 2004-03-25 Annual 654902204 4.2 Elect Director Georg Ehrnrooth M For For
Nokia Corp. Finland 2004-03-25 Annual 654902204 4.3 Elect Director Bengt Holmstrom M For For
Nokia Corp. Finland 2004-03-25 Annual 654902204 4.4 Elect Director Per Karlsson M For For
Nokia Corp. Finland 2004-03-25 Annual 654902204 4.5 Elect Director Jorma Ollila M For For
Nokia Corp. Finland 2004-03-25 Annual 654902204 4.6 Elect Director Marjorie M For For
Scardino
Nokia Corp. Finland 2004-03-25 Annual 654902204 4.7 Elect Director Vesa Vainio M For For
Nokia Corp. Finland 2004-03-25 Annual 654902204 4.8 Elect Director Arne Wessberg M For For
Nokia Corp. Finland 2004-03-25 Annual 654902204 5 Ratify Auditors M For For
Nokia Corp. Finland 2004-03-25 Annual 654902204 6 APPROVAL OF THE PROPOSAL OF THE M For For
BOARD TO REDUCE THE SHARE CAPITAL
THROUGH CANCELLATION OF NOKIA
SHARES HELD BY THE COMPANY
Nokia Corp. Finland 2004-03-25 Annual 654902204 7 APPROVAL OF THE AUTHORIZATION TO M For For
THE BOARD TO INCREASE THE SHARE
CAPITAL OF THE COMPANY.
Nokia Corp. Finland 2004-03-25 Annual 654902204 8 APPROVAL OF THE AUTHORIZATION TO M For For
THE BOARD TO REPURCHASE NOKIA
SHARES.
Nokia Corp. Finland 2004-03-25 Annual 654902204 9 APPROVAL OF THE AUTHORIZATION TO M For For
THE BOARD TO DISPOSE NOKIA
SHARES HELD BY THE COMPANY.
Nokia Corp. Finland 2004-03-25 Annual 654902204 10 APPROVAL OF THE PROPOSAL OF THE M For For
BOARD TO INCREASE THE CAPITAL OF
THE FOUNDATION OF NOKIA
CORPORATION.
Nokia Corp. Finland 2004-03-25 Annual 654902204 11 MARK THE FOR BOX IF YOU WISH M None Against
TO INSTRUCT THE DEPOSITARY TO
GIVE A PROXY TO ANY ONE OF
MARIANNA UOTINEN-TARKOMA, ESA
KAUNISTOLA, BOTH LEGAL COUNSELS
OF NOKIA CORPORATION, TO
AUTHORIZE ANY OF THEM (WITH FULL
POWER OF SUBSTITUTION) TO VOTE,
IN THEIR DISCR
The Goldman Sachs
Group, Inc. USA 2004-03-31 Annual 38141G104 1.1 Elect Director Lloyd C. M For For
Blankfein
The Goldman Sachs
Group, Inc. USA 2004-03-31 Annual 38141G104 1.2 Elect Director Lord Browne Of M For For
Madingley
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN COMSTOCK FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
The Goldman Sachs
Group, Inc. USA 2004-03-31 Annual 38141G104 1.3 Elect Director Claes Dahlback M For For
The Goldman Sachs
Group, Inc. USA 2004-03-31 Annual 38141G104 1.4 Elect Director James A. Johnson M For For
The Goldman Sachs
Group, Inc. USA 2004-03-31 Annual 38141G104 1.5 Elect Director Lois D. Juliber M For For
The Goldman Sachs
Group, Inc. USA 2004-03-31 Annual 38141G104 2 Ratify Auditors M For For
The Goldman Sachs
Group, Inc. USA 2004-03-31 Annual 38141G104 3 Declassify the Board of S Against Against
Directors
Freddie Mac USA 2004-03-31 Annual 313400301 1.1 Elect Director Joan E. Donoghue M For For
Freddie Mac USA 2004-03-31 Annual 313400301 1.2 Elect Director Michelle Engler M For For
Freddie Mac USA 2004-03-31 Annual 313400301 1.3 Elect Director Richard Karl M For For
Goeltz
Freddie Mac USA 2004-03-31 Annual 313400301 1.4 Elect Director George D. Gould M For For
Freddie Mac USA 2004-03-31 Annual 313400301 1.5 Elect Director Henry Kaufman M For For
Freddie Mac USA 2004-03-31 Annual 313400301 1.6 Elect Director John B. Mccoy M For For
Freddie Mac USA 2004-03-31 Annual 313400301 1.7 Elect Director Shaun F. M For For
O'Malley
Freddie Mac USA 2004-03-31 Annual 313400301 1.8 Elect Director Ronald F. Poe M For For
Freddie Mac USA 2004-03-31 Annual 313400301 1.9 Elect Director Stephen A. Ross M For For
Freddie Mac USA 2004-03-31 Annual 313400301 1.10 Elect Director Donald J. M For For
Schuenke
Freddie Mac USA 2004-03-31 Annual 313400301 1.11 Elect Director Christina Seix M For For
Freddie Mac USA 2004-03-31 Annual 313400301 1.12 Elect Director Richard F. Syron M For For
Freddie Mac USA 2004-03-31 Annual 313400301 1.13 Elect Director William J. M For For
Turner
Freddie Mac USA 2004-03-31 Annual 313400301 2 Ratify Auditors M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
GTECH Holdings Corp. USA 2003-08-04 Annual 400518106 1.1 Elect Director Burnett W. Donoho M For For
GTECH Holdings Corp. USA 2003-08-04 Annual 400518106 1.2 Elect Director James F. McCann M For For
GTECH Holdings Corp. USA 2003-08-04 Annual 400518106 1.3 Elect Director W. Bruce Turner M For For
GTECH Holdings Corp. USA 2003-08-04 Annual 400518106 2 Approve Executive Incentive M For For
Bonus Plan
GTECH Holdings Corp. USA 2003-08-04 Annual 400518106 3 Ratify Auditors M For For
The Estee Lauder
Companies Inc. USA 2003-11-05 Annual 518439104 1.1 Elect Director Irvine O.
Hockaday, Jr. M For For
The Estee Lauder
Companies Inc. USA 2003-11-05 Annual 518439104 1.2 Elect Director Fred H.
Langhammer M For For
The Estee Lauder
Companies Inc. USA 2003-11-05 Annual 518439104 1.3 Elect Director Rose Marie Bravo M For For
The Estee Lauder
Companies Inc. USA 2003-11-05 Annual 518439104 2 Approve Executive Incentive
Bonus Plan M For For
The Estee Lauder
Companies Inc. USA 2003-11-05 Annual 518439104 3 Ratify Auditors M For For
Coach, Inc. USA 2003-11-05 Annual 189754104 1.1 Elect Director Joseph Ellis M For For
Coach, Inc. USA 2003-11-05 Annual 189754104 1.2 Elect Director Lew Frankfort M For For
Coach, Inc. USA 2003-11-05 Annual 189754104 1.3 Elect Director Sally Frame
Kasaks M For For
Coach, Inc. USA 2003-11-05 Annual 189754104 1.4 Elect Director Gary Loveman M For For
Coach, Inc. USA 2003-11-05 Annual 189754104 1.5 Elect Director Irene Miller M For For
Coach, Inc. USA 2003-11-05 Annual 189754104 1.6 Elect Director Keith Monda M For For
Coach, Inc. USA 2003-11-05 Annual 189754104 1.7 Elect Director Michael Murphy M For For
Lam Research Corp. USA 2003-11-06 Annual 512807108 1.1 Elect Director James W. Bagley M For For
Lam Research Corp. USA 2003-11-06 Annual 512807108 1.2 Elect Director David G. Arscott M For For
Lam Research Corp. USA 2003-11-06 Annual 512807108 1.3 Elect Director Robert M. Berdahl M For For
Lam Research Corp. USA 2003-11-06 Annual 512807108 1.4 Elect Director Richard J.
Elkus, Jr. M For For
Lam Research Corp. USA 2003-11-06 Annual 512807108 1.5 Elect Director Jack R. Harris M For For
Lam Research Corp. USA 2003-11-06 Annual 512807108 1.6 Elect Director Grant M. Inman M For For
Lam Research Corp. USA 2003-11-06 Annual 512807108 2 Amend Employee Stock Purchase
Plan M For For
Lam Research Corp. USA 2003-11-06 Annual 512807108 3 Approve Executive Incentive
Bonus Plan M For For
Lam Research Corp. USA 2003-11-06 Annual 512807108 4 Ratify Auditors M For For
Harman International
Industries, Inc. USA 2003-11-12 Annual 413086109 1.1 Elect Director Edward H. Meyer M For For
Harman International
Industries, Inc. USA 2003-11-12 Annual 413086109 1.2 Elect Director Gregory P.
Stapleton M For For
Harman International
Industries, Inc. USA 2003-11-12 Annual 413086109 1.3 Elect Director Stanley A. Weiss M For For
Harman International
Industries, Inc. USA 2003-11-12 Annual 413086109 2 Approve Stock Split M For For
International
Rectifier Corp. USA 2003-11-24 Annual 460254105 1.1 Elect Director James D. Plummer M For For
International
Rectifier Corp. USA 2003-11-24 Annual 460254105 1.2 Elect Director Minoru Matsuda M For For
International
Rectifier Corp. USA 2003-11-24 Annual 460254105 1.3 Elect Director Robert S. Attiyeh M For For
International
Rectifier Corp. USA 2003-11-24 Annual 460254105 2 Amend Employee Stock Purchase
Plan M For For
International
Rectifier Corp. USA 2003-11-24 Annual 460254105 3 Amend Omnibus Stock Plan M For For
International
Rectifier Corp. USA 2003-11-24 Annual 460254105 4 Ratify Auditors M For For
Fox Entertainment
Group, Inc. USA 2003-11-25 Annual 35138T107 1.1 Elect Director K. Rupert
Murdoch, AC M For For
Fox Entertainment
Group, Inc. USA 2003-11-25 Annual 35138T107 1.2 Elect Director Peter Chernin M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Fox Entertainment
Group, Inc. USA 2003-11-25 Annual 35138T107 1.3 Elect Director David F. DeVoe M For For
Fox Entertainment
Group, Inc. USA 2003-11-25 Annual 35138T107 1.4 Elect Director Arthur M. Siskind M For For
Fox Entertainment
Group, Inc. USA 2003-11-25 Annual 35138T107 1.5 Elect Director Lachlan K. M For For
Murdoch
Fox Entertainment
Group, Inc. USA 2003-11-25 Annual 35138T107 1.6 Elect Director Christos M. M For For
Cotsakos
Fox Entertainment
Group, Inc. USA 2003-11-25 Annual 35138T107 1.7 Elect Director Thomas W. Jones M For For
Fox Entertainment
Group, Inc. USA 2003-11-25 Annual 35138T107 1.8 Elect Director Peter Powers M For For
Fox Entertainment
Group, Inc. USA 2003-11-25 Annual 35138T107 2 Ratify Auditors M For For
Mercury Interactive
Corp. USA 2003-12-10 Special 589405109 1 Amend Stock Option Plan M For For
Mercury Interactive
Corp. USA 2003-12-10 Special 589405109 2 Amend Employee Stock Purchase M For For
Plan
MCAFEE INC. USA 2003-12-16 Annual 640938106 1.1 Elect Director Leslie Denend M For For
MCAFEE INC. USA 2003-12-16 Annual 640938106 1.2 Elect Director George Samenuk M For For
MCAFEE INC. USA 2003-12-16 Annual 640938106 2 Amend Omnibus Stock Plan M For For
MCAFEE INC. USA 2003-12-16 Annual 640938106 3 Amend Non-Employee Director
Stock Option Plan M For For
MCAFEE INC. USA 2003-12-16 Annual 640938106 4 Amend Employee Stock Purchase M For For
Plan
MCAFEE INC. USA 2003-12-16 Annual 640938106 5 Ratify Auditors M For For
Sonic Corp. USA 2004-01-21 Annual 835451105 1.1 Elect Director J. Clifford M For For
Hudson
Sonic Corp. USA 2004-01-21 Annual 835451105 1.2 Elect Director Robert M. M For For
Rosenberg
Sonic Corp. USA 2004-01-21 Annual 835451105 1.3 Elect Director Federico F. Pena M For For
Sonic Corp. USA 2004-01-21 Annual 835451105 2 Other Business M For Against
ARAMARK Corp USA 2004-02-03 Annual 038521100 1.1 Elect Director Joseph Neubauer M For For
ARAMARK Corp USA 2004-02-03 Annual 038521100 1.2 Elect Director Lawrence T. M For For
Babbio, Jr.
ARAMARK Corp USA 2004-02-03 Annual 038521100 1.3 Elect Director William Leonard M For For
ARAMARK Corp USA 2004-02-03 Annual 038521100 1.4 Elect Director Karl M. von der M For For
Heyden
ARAMARK Corp USA 2004-02-03 Annual 038521100 2 Approve Executive Incentive M For For
Bonus Plan
ARAMARK Corp USA 2004-02-03 Annual 038521100 3 Ratify Auditors M For For
Ameritrade Holdings
Corp. USA 2004-02-10 Annual 03074K100 1.1 Elect Director J. Peter M For Withhold
Ricketts
Ameritrade Holdings
Corp. USA 2004-02-10 Annual 03074K100 1.2 Elect Director C. Kevin Landry M For For
Ameritrade Holdings
Corp. USA 2004-02-10 Annual 03074K100 1.3 Elect Director Mark L. Mitchell M For For
Ameritrade Holdings
Corp. USA 2004-02-10 Annual 03074K100 2 Ratify Auditors M For For
Ameritrade Holdings
Corp. USA 2004-02-10 Annual 03074K100 3 Other Business M For Against
Varian Medical Systems
Inc USA 2004-02-19 Annual 92220P105 1.1 Elect Director John Seely Brown M For For
Varian Medical Systems
Inc USA 2004-02-19 Annual 92220P105 1.2 Elect Director Samuel Hellman M For For
Varian Medical Systems
Inc USA 2004-02-19 Annual 92220P105 1.3 Elect Director Terry R. M For For
Lautenbach
Varian Medical Systems
Inc USA 2004-02-19 Annual 92220P105 2 Amend Executive Incentive Bonus M For For
Plan
Agere Systems Inc USA 2004-02-19 Annual 00845V100 1.1 Elect Director Richard L. M For For
Clemmer
Agere Systems Inc USA 2004-02-19 Annual 00845V100 1.2 Elect Director John T. Dickson M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
International Game
Technology USA 2004-03-02 Annual 459902102 1.1 Elect Director G. Thomas Baker M For For
International Game
Technology USA 2004-03-02 Annual 459902102 1.2 Elect Director Neil Barsky M For For
International Game
Technology USA 2004-03-02 Annual 459902102 1.3 Elect Director Robert A. M For For
Bittman
International Game
Technology USA 2004-03-02 Annual 459902102 1.4 Elect Director Richard R. Burt M For For
International Game
Technology USA 2004-03-02 Annual 459902102 1.5 Elect Director Leslie S. Heisz M For For
International Game
Technology USA 2004-03-02 Annual 459902102 1.6 Elect Director Robert A. M For For
Mathewson
International Game
Technology USA 2004-03-02 Annual 459902102 1.7 Elect Director Thomas J. M For For
Matthews
International Game
Technology USA 2004-03-02 Annual 459902102 1.8 Elect Director Robert Miller M For For
International Game
Technology USA 2004-03-02 Annual 459902102 1.9 Elect Director Frederick B. M For For
Rentschler
International Game
Technology USA 2004-03-02 Annual 459902102 2 Amend Employee Stock Purchase M For For
Plan
International Game
Technology USA 2004-03-02 Annual 459902102 3 Ratify Auditors M For For
Novell, Inc. USA 2004-04-15 Annual 670006105 1.1 Elect Director Albert Aiello M For For
Novell, Inc. USA 2004-04-15 Annual 670006105 1.2 Elect Director Fred Corrado M For For
Novell, Inc. USA 2004-04-15 Annual 670006105 1.3 Elect Director Richard L. M For For
Crandall
Novell, Inc. USA 2004-04-15 Annual 670006105 1.4 Elect Director Wayne Mackie M For For
Novell, Inc. USA 2004-04-15 Annual 670006105 1.5 Elect Director Claudia B. M For For
Malone
Novell, Inc. USA 2004-04-15 Annual 670006105 1.6 Elect Director Jack L. Messman M For For
Novell, Inc. USA 2004-04-15 Annual 670006105 1.7 Elect Director Richard L. Nolan M For For
Novell, Inc. USA 2004-04-15 Annual 670006105 1.8 Elect Director Thomas G. M For For
Plaskett
Novell, Inc. USA 2004-04-15 Annual 670006105 1.9 Elect Director John W. M For For
Poduska, Sr.
Novell, Inc. USA 2004-04-15 Annual 670006105 1.10 Elect Director James D. M For For
Robinson, III
Novell, Inc. USA 2004-04-15 Annual 670006105 1.11 Elect Director Kathy Brittain M For For
White
Novell, Inc. USA 2004-04-15 Annual 670006105 2 Expense Stock Options S Against For
Novell, Inc. USA 2004-04-15 Annual 670006105 3 Performance-Based/Indexed
Options S Against For
Novell, Inc. USA 2004-04-15 Annual 670006105 4 Prohibit Auditor from Providing S Against Against
Non-Audit Services
Tractor Supply Co. USA 2004-04-15 Annual 892356106 1.1 Elect Director James F. Wright M For For
Tractor Supply Co. USA 2004-04-15 Annual 892356106 1.2 Elect Director Gerard E. Jones M For Withhold
Tractor Supply Co. USA 2004-04-15 Annual 892356106 1.3 Elect Director Edna K. Morris M For For
Tractor Supply Co. USA 2004-04-15 Annual 892356106 2 Ratify Auditors M For For
Tractor Supply Co. USA 2004-04-15 Annual 892356106 3 Approve Executive Incentive M For For
Bonus Plan
Juniper Networks, Inc. USA 2004-04-16 Special 48203R104 1 Issue Shares in Connection with M For For
an Acquisition
Smith International,
Inc. USA 2004-04-20 Annual 832110100 1.1 Elect Director James R. Gibbs M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Smith International,
Inc. USA 2004-04-20 Annual 832110100 1.2 Elect Director Jerry W. Neely M For For
Smith International,
Inc. USA 2004-04-20 Annual 832110100 2 Ratify Auditors M For For
Chicago Mercantile
Exchange Holdings, Inc.USA 2004-04-21 Annual 167760107 1.1 Elect Director Dennis H. M For For
Chookaszian
Chicago Mercantile
Exchange Holdings, Inc.USA 2004-04-21 Annual 167760107 1.2 Elect Director Martin J. M For For
Gepsman
Chicago Mercantile
Exchange Holdings, Inc.USA 2004-04-21 Annual 167760107 1.3 Elect Director Elizabeth M For For
Harrington
Chicago Mercantile
Exchange Holdings, Inc.USA 2004-04-21 Annual 167760107 1.4 Elect Director Leo Melamed M For For
Chicago Mercantile
Exchange Holdings, Inc.USA 2004-04-21 Annual 167760107 1.5 Elect Director Alex J. Pollock M For For
Chicago Mercantile
Exchange Holdings, Inc.USA 2004-04-21 Annual 167760107 1.6 Elect Director Myron S. Scholes M For Withhold
Chicago Mercantile
Exchange Holdings, Inc.USA 2004-04-21 Annual 167760107 1.7 Elect Director William R. M For For
Shepard
Chicago Mercantile
Exchange Holdings, Inc.USA 2004-04-21 Annual 167760107 2 Ratify Auditors M For For
C. R. Bard, Inc. USA 2004-04-21 Annual 067383109 1.1 Elect Director Anthony Welters M For For
C. R. Bard, Inc. USA 2004-04-21 Annual 067383109 1.2 Elect Director Tony L. White M For For
C. R. Bard, Inc. USA 2004-04-21 Annual 067383109 1.3 Elect Director Theodore E. M For For
Martin
C. R. Bard, Inc. USA 2004-04-21 Annual 067383109 1.4 Elect Director Timothy M. Ring M For For
C. R. Bard, Inc. USA 2004-04-21 Annual 067383109 2 Approve Omnibus Stock Plan M For For
C. R. Bard, Inc. USA 2004-04-21 Annual 067383109 3 Amend Executive Incentive Bonus M For For
Plan
C. R. Bard, Inc. USA 2004-04-21 Annual 067383109 4 Ratify Auditors M For For
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 1.1 Elect Director Richard F. M For For
Bonini
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 1.2 Elect Director Edgar M.
Cullman, Jr M For For
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 1.3 Elect Director John L. Ernst M For For
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 1.4 Elect Director Peter A. Hoffman M For For
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 1.5 Elect Director Efraim Kier M For For
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 1.6 Elect Director Salomon Levis M For For
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 1.7 Elect Director Zoila Levis M For For
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 1.8 Elect Director Harold D. M For For
Vicente
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 1.9 Elect Director John B. Hughes M For For
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 2 Increase Authorized Common Stock M For Against
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 3 Increase Authorized Preferred
Stock M For Against
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 4 Approve Omnibus Stock Plan M For For
Doral Financial Corp. USA 2004-04-21 Annual 25811P100 5 Ratify Auditors M For For
Outback Steakhouse,
Inc. USA 2004-04-21 Annual 689899102 1.1 Elect Director John A. Brabson, M For For
Jr.
Outback Steakhouse,
Inc. USA 2004-04-21 Annual 689899102 1.2 Elect Director Lee Roy Selmon M For For
Outback Steakhouse,
Inc. USA 2004-04-21 Annual 689899102 2 Amend Omnibus Stock Plan M For For
Outback Steakhouse,
Inc. USA 2004-04-21 Annual 689899102 3 Other Business M For Against
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.1 Elect Director Louis V. Bockius M For For
III
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.2 Elect Director Christopher M. M For For
Connor
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.3 Elect Director Richard L. M For For
randall
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.4 Elect Director Eric C. Evans M For For
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.5 Elect Director Gale S. M For For
Fitzgerald
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.6 Elect Director Phillip B. M For For
Lassiter
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.7 Elect Director John N. Lauer M For For
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.8 Elect Director William F. Massy M For For
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.9 Elect Director Walden W. O'Dell M For For
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.10 Elect Director Eric J. Roorda M For For
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.11 Elect Director W. R. Timken, M For For
Jr.
Diebold, Inc. USA 2004-04-22 Annual 253651103 1.12 Elect Director Henry D. G. M For For
Wallace
Diebold, Inc. USA 2004-04-22 Annual 253651103 2 Ratify Auditors M For For
Lexmark International,
Inc. USA 2004-04-22 Annual 529771107 1.1 Elect Director Frank T. Cary M For For
Lexmark International,
Inc. USA 2004-04-22 Annual 529771107 1.2 Elect Director Paul J. M For For
Curlander
Lexmark International,
Inc. USA 2004-04-22 Annual 529771107 1.3 Elect Director Martin D. Walker M For For
Lexmark International,
Inc. USA 2004-04-22 Annual 529771107 1.4 Elect Director James F. M For For
Hardymon
Lexmark International,
Inc. USA 2004-04-22 Annual 529771107 2 Approve Executive Incentive M For For
Bonus Plan
Lexmark International,
Inc. USA 2004-04-22 Annual 529771107 3 Ratify Auditors M For For
Graco Inc. USA 2004-04-23 Annual 384109104 1.1 Elect Director William G. Van M For For
Dyke
Graco Inc. USA 2004-04-23 Annual 384109104 1.2 Elect Director Mark H. M For For
Rauenhorst
Graco Inc. USA 2004-04-23 Annual 384109104 1.3 Elect Director J. Kevin M For For
Gilligan
Graco Inc. USA 2004-04-23 Annual 384109104 1.4 Elect Director R. William Van M For For
Sant
Graco Inc. USA 2004-04-23 Annual 384109104 1.5 Elect Director Jack W. Eugster M For For
Graco Inc. USA 2004-04-23 Annual 384109104 2 Ratify Auditors M For For
P.F. Chang's China
Bistro Inc USA 2004-04-23 Annual 69333Y108 1.1 Elect Director Richard L. M For For
Federico
P.F. Chang's China
Bistro Inc USA 2004-04-23 Annual 69333Y108 1.2 Elect Director R. Michael M For For
Welborn
P.F. Chang's China
Bistro Inc USA 2004-04-23 Annual 69333Y108 1.3 Elect Director James D. Shennan, M For For
Jr.
P.F. Chang's China
Bistro Inc USA 2004-04-23 Annual 69333Y108 1.4 Elect Director F. Lane Cardwell, M For For
Jr.
P.F. Chang's China
Bistro Inc USA 2004-04-23 Annual 69333Y108 1.5 Elect Director Kenneth J. M For For
Wessels
P.F. Chang's China
Bistro Inc USA 2004-04-23 Annual 69333Y108 1.6 Elect Director M. Ann Rhoades M For For
P.F. Chang's China
Bistro Inc USA 2004-04-23 Annual 69333Y108 1.7 Elect Director Lesley H. Howe M For For
P.F. Chang's China
Bistro Inc USA 2004-04-23 Annual 69333Y108 2 Ratify Auditors M For For
P.F. Chang's China
Bistro Inc USA 2004-04-23 Annual 69333Y108 3 Amend Stock Option Plan M For For
P.F. Chang's China
Bistro Inc USA 2004-04-23 Annual 69333Y108 4 Adjourn Meeting M For Against
Moody's Corporation USA 2004-04-27 Annual 615369105 1.1 Elect Director Basil L. M For For
Anderson
Moody's Corporation USA 2004-04-27 Annual 615369105 1.2 Elect Director Raymond W M For For
Mcdaniel Jr.
Moody's Corporation USA 2004-04-27 Annual 615369105 1.3 Elect Director John Rutherfurd, M For For
Jr.
Moody's Corporation USA 2004-04-27 Annual 615369105 1.4 Elect Director John K. Wulff M For For
Moody's Corporation USA 2004-04-27 Annual 615369105 2 Amend Omnibus Stock Plan M For For
Moody's Corporation USA 2004-04-27 Annual 615369105 3 Approve Executive Incentive M For For
Bonus Plan
Moody's Corporation USA 2004-04-27 Annual 615369105 4 Ratify Auditors M For For
Moody's Corporation USA 2004-04-27 Annual 615369105 5 Performance- Based S Against Against
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Adobe Systems Inc. USA 2004-04-28 Annual 00724F101 1.1 Elect Director Michael R. M For For
Cannon
Adobe Systems Inc. USA 2004-04-28 Annual 00724F101 1.2 Elect Director Bruce R. Chizen M For For
Adobe Systems Inc. USA 2004-04-28 Annual 00724F101 1.3 Elect Director James E. Daley M For For
Adobe Systems Inc. USA 2004-04-28 Annual 00724F101 1.4 Elect Director Charles M. M For For
Geschke
Adobe Systems Inc. USA 2004-04-28 Annual 00724F101 1.5 Elect Director Delbert W. Yocam M For For
Adobe Systems Inc. USA 2004-04-28 Annual 00724F101 2 Amend Omnibus Stock Plan M For For
Adobe Systems Inc. USA 2004-04-28 Annual 00724F101 3 Expense Stock Options S Against For
Adobe Systems Inc. USA 2004-04-28 Annual 00724F101 4 Adopt a Plocy that will Committ S Against For
Executives to Hold a Significant
Percentage of their Shares
Adobe Systems Inc. USA 2004-04-28 Annual 00724F101 5 Ratify Auditors M For For
Allergan, Inc. USA 2004-04-28 Annual 018490102 1.1 Elect Director Handel E. Evans M For For
Allergan, Inc. USA 2004-04-28 Annual 018490102 1.2 Elect Director Michael R. M For For
Gallagher
Allergan, Inc. USA 2004-04-28 Annual 018490102 1.3 Elect Director Gavin S. Herbert M For For
Allergan, Inc. USA 2004-04-28 Annual 018490102 1.4 Elect Director Stephen J. Ryan M For For
Allergan, Inc. USA 2004-04-28 Annual 018490102 2 Ratify Auditors M For For
Allergan, Inc. USA 2004-04-28 Annual 018490102 3 Expense Stock Options S Against For
Allergan, Inc. USA 2004-04-28 Annual 018490102 4 Separate Chairman and CEO S Against Against
Positions
NII Holdings, Inc. USA 2004-04-28 Annual 62913F201 1.1 Elect Director Steven P. Dussek M For Withhold
NII Holdings, Inc. USA 2004-04-28 Annual 62913F201 1.2 Elect Director Steven M. M For For
Shindler
NII Holdings, Inc. USA 2004-04-28 Annual 62913F201 2 Increase Authorized Common Stock M For For
NII Holdings, Inc. USA 2004-04-28 Annual 62913F201 3 Approve Omnibus Stock Plan M For For
NII Holdings, Inc. USA 2004-04-28 Annual 62913F201 4 Adjourn Meeting M For Against
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.1 Elect Director Mel E. Benson M For For
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.2 Elect Director Brian A. M For For
Canfield
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.3 Elect Director Susan E. Crocker M For For
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.4 Elect Director Bryan P. Davies M For For
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.5 Elect Director Brian A. Felesky M For For
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.6 Elect Director John T. Ferguson M For For
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.7 Elect Director W. Douglas Ford M For For
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.8 Elect Director Richard L. M For For
George
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.9 Elect Director John R. Huff M For For
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.10 Elect Director Robert W. M For For
Korthals
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.11 Elect Director M. Ann McCaig M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.12 Elect Director Michael W. M For For
O'Brien
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 1.13 Elect Director JR Shaw M For For
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 2 Ratify Auditors M For For
Suncor Energy Inc Canada 2004-04-29 Annual/
Special 867229106 3 Submit New Participants in the S Against Against
Senior Executive Retirement
Plan to a Shareholder Vote
Corning Inc. USA 2004-04-29 Annual 219350105 1.1 Elect Director Jeremy R.
Knowles M For For
Corning Inc. USA 2004-04-29 Annual 219350105 1.2 Elect Director Eugene C. Sit M For For
Corning Inc. USA 2004-04-29 Annual 219350105 1.3 Elect Director William D. M For For
Smithburg
Corning Inc. USA 2004-04-29 Annual 219350105 1.4 Elect Director Hansel E. Tookes M For For
II
Corning Inc. USA 2004-04-29 Annual 219350105 1.5 Elect Director Wendell P. Weeks M For For
Corning Inc. USA 2004-04-29 Annual 219350105 2 Ratify Auditors M For For
Corning Inc. USA 2004-04-29 Annual 219350105 3 Submit Severance Agreement S Against Against
(Change-in-Control) to
Shareholder Vote
ChoicePoint Inc. USA 2004-04-29 Annual 170388102 1.1 Elect Director John B. Mccoy M For For
ChoicePoint Inc. USA 2004-04-29 Annual 170388102 1.2 Elect Director Thomas M. M For For
Coughlin
ChoicePoint Inc. USA 2004-04-29 Annual 170388102 1.3 Elect Director Derek V. Smith M For For
ChoicePoint Inc. USA 2004-04-29 Annual 170388102 2 Approve Deferred Compensation M For For
Plan
ChoicePoint Inc. USA 2004-04-29 Annual 170388102 3 Ratify Auditors M For For
Broadcom Corp. USA 2004-04-29 Annual 111320107 1.1 Elect Director George L. M For For
Farinsky
Broadcom Corp. USA 2004-04-29 Annual 111320107 1.2 Elect Director John Major M For For
Broadcom Corp. USA 2004-04-29 Annual 111320107 1.3 Elect Director Alan E. Ross M For For
Broadcom Corp. USA 2004-04-29 Annual 111320107 1.4 Elect Director Henry Samueli, M For For
Ph.D.
Broadcom Corp. USA 2004-04-29 Annual 111320107 1.5 Elect Director Robert E. Switz M For For
Broadcom Corp. USA 2004-04-29 Annual 111320107 1.6 Elect Director Werner F. Wolfen M For For
Broadcom Corp. USA 2004-04-29 Annual 111320107 2 Amend Omnibus Stock Plan M For Against
Broadcom Corp. USA 2004-04-29 Annual 111320107 3 Ratify Auditors M For For
UCBH Holdings, Inc. USA 2004-04-29 Annual 90262T308 1.1 Elect Director Anthony Y. Chan M For For
UCBH Holdings, Inc. USA 2004-04-29 Annual 90262T308 1.2 Elect Director Joseph J. Jou M For For
UCBH Holdings, Inc. USA 2004-04-29 Annual 90262T308 1.3 Elect Director Dr. Godwin Wong M For For
UCBH Holdings, Inc. USA 2004-04-29 Annual 90262T308 1.4 Elect Director Thomas S. Wu M For For
UCBH Holdings, Inc. USA 2004-04-29 Annual 90262T308 2 Amend Certificate to Remove
Anti-Takeover Provision M For For
UCBH Holdings, Inc. USA 2004-04-29 Annual 90262T308 3 Ratify Auditors M For For
Brascan Corp (Formerly
Edperbrascan Corp.) Canada 2004-04-30 Annual/
Special 10549P606 1 Approve Decrease in Size of M For For
Board
Brascan Corp (Formerly
Edperbrascan Corp.) Canada 2004-04-30 Annual/
Special 10549P606 2.1 Elect Director James J. M For For
Blanchard
Brascan Corp (Formerly
Edperbrascan Corp.) Canada 2004-04-30 Annual/
Special 10549P606 2.2 Elect Director Julia E. Foster M For For
Brascan Corp (Formerly
Edperbrascan Corp.) Canada 2004-04-30 Annual/
Special 10549P606 2.3 Elect Director Philip B. Lind M For For
Brascan Corp (Formerly
Edperbrascan Corp.) Canada 2004-04-30 Annual/
Special 10549P606 2.4 Elect Director Roy MacLaren M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Brascan Corp (Formerly
Edperbrascan Corp.) Canada 2004-04-30 Annual/
Special 10549P606 2.5 Elect Director G. Wallace F. M For For
McCain
Brascan Corp (Formerly
Edperbrascan Corp.) Canada 2004-04-30 Annual/
Special 10549P606 2.6 Elect Director Jack M. Mintz M For For
Brascan Corp (Formerly
Edperbrascan Corp.) Canada 2004-04-30 Annual/
Special 10549P606 2.7 Elect Director Saul Shulman M For For
Brascan Corp (Formerly
Edperbrascan Corp.) Canada 2004-04-30 Annual/
Special 10549P606 2.8 Elect Director George S. Taylor M For For
Brascan Corp (Formerly
Edperbrascan Corp.) Canada 2004-04-30 Annual/
Special 10549P606 3 Amend Stock Option Plan M For For
Brascan Corp (Formerly
Edperbrascan Corp.) Canada 2004-04-30 Annual/
Special 10549P606 4 Approve Auditors and Authorize M For For
Board to Fix Remuneration of
Auditors
NVR, Inc. USA 2004-05-03 Annual 62944T105 1.1 Elect Director Manuel H. M For For
Johnson
NVR, Inc. USA 2004-05-03 Annual 62944T105 1.2 Elect Director David A. Preiser M For For
NVR, Inc. USA 2004-05-03 Annual 62944T105 1.3 Elect Director John M. Toups M For For
NVR, Inc. USA 2004-05-03 Annual 62944T105 2 Ratify Auditors M For For
NVR, Inc. USA 2004-05-03 Annual 62944T105 3 Establish Range For Board Size M For For
NVR, Inc. USA 2004-05-03 Annual 62944T105 4 Amend Director Qualifications M For For
NVR, Inc. USA 2004-05-03 Annual 62944T105 5 Amend Bylaws M For For
NVR, Inc. USA 2004-05-03 Annual 62944T105 6 Establish Range For Board Size M For For
NVR, Inc. USA 2004-05-03 Annual 62944T105 7 Amend Bylaws M For For
NVR, Inc. USA 2004-05-03 Annual 62944T105 8 Prepare Sustainability Report S Against Against
Rambus Inc. USA 2004-05-04 Annual 750917106 1.1 Elect Director Bruce Dunlevie M For For
Rambus Inc. USA 2004-05-04 Annual 750917106 1.2 Elect Director Charles Geschke M For For
Rambus Inc. USA 2004-05-04 Annual 750917106 1.3 Elect Director Mark Horowitz M For Withhold
Rambus Inc. USA 2004-05-04 Annual 750917106 1.4 Elect Director Harold Hughes M For For
Rambus Inc. USA 2004-05-04 Annual 750917106 1.5 Elect Director David Mooring M For For
Rambus Inc. USA 2004-05-04 Annual 750917106 2 Ratify Auditors M For For
American Standard
Companies, Inc. USA 2004-05-04 Annual 029712106 1.1 Elect Director Steven E. M For For
Anderson
American Standard
Companies, Inc. USA 2004-05-04 Annual 029712106 1.2 Elect Director James F. M For For
Hardymon
American Standard
Companies, Inc. USA 2004-05-04 Annual 029712106 1.3 Elect Director Ruth Ann M For For
Marshall
American Standard
Companies, Inc. USA 2004-05-04 Annual 029712106 2 Increase Authorized Common Stock M For For
American Standard
Companies, Inc. USA 2004-05-04 Annual 029712106 3 Ratify Auditors M For For
ITT Educational
Services, Inc. USA 2004-05-04 Annual 45068B109 1.1 Elect Director Rene R. M For For
Champagne
ITT Educational
Services, Inc. USA 2004-05-04 Annual 45068B109 1.2 Elect Director John F. Cozzi M For For
ITT Educational
Services, Inc. USA 2004-05-04 Annual 45068B109 1.3 Elect Director James D. Fowler, M For For
Jr.
ITT Educational
Services, Inc. USA 2004-05-04 Annual 45068B109 1.4 Elect Director Harris N. Miller M For For
ITT Educational
Services, Inc. USA 2004-05-04 Annual 45068B109 2 Increase Authorized Common Stock M For Against
The Dun & Bradstreet
Corp USA 2004-05-04 Annual 26483E100 1.1 Elect Director John W. Alden M For For
The Dun & Bradstreet
Corp USA 2004-05-04 Annual 26483E100 1.2 Elect Director Allan Z. Loren M For For
The Dun & Bradstreet
Corp USA 2004-05-04 Annual 26483E100 1.3 Elect Director Victor A. Pelson M For For
The Dun & Bradstreet
Corp USA 2004-05-04 Annual 26483E100 2 Ratify Auditors M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 1.1 Elect Director Rick R. Holley M For For
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 1.2 Elect Director Ian B. Davidson M For For
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 1.3 Elect Director Robin Josephs M For For
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 1.4 Elect Director David D. Leland M For Withhold
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 1.5 Elect Director John G. McDonald M For For
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 1.6 Elect Director Hamid R. M For For
Moghadam
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 1.7 Elect Director John H. Scully M For For
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 1.8 Elect Director Stephen C. M For For
Tobias
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 1.9 Elect Director Carl B. Webb M For For
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 2 Amend Omnibus Stock Plan M For For
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 3 Ratify Auditors M For For
Plum Creek Timber
Company, Inc. USA 2004-05-04 Annual 729251108 4 Endorse CERES Principles S Against Against
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 1.1 Elect Director Kirk P. Pond M For For
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 1.2 Elect Director Joseph R. Martin M For For
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 1.3 Elect Director Charles P. M For For
Carinalli
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 1.4 Elect Director Richard M. M For For
Cashin, Jr.
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 1.5 Elect Director Charles M. M For For
Clough
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 1.6 Elect Director Robert F. Friel M For For
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 1.7 Elect Director Thomas L. M For For
Magnanti
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 1.8 Elect Director Bryan R. Roub M For For
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 1.9 Elect Director Paul C. Schorr M For For
IV
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 1.10 Elect Director Ronald W. Shelly M For For
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 1.11 Elect Director William N. Stout M For For
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 2 Amend Omnibus Stock Plan M For For
Fairchild Semiconductor
International, Inc. USA 2004-05-04 Annual 303726103 3 Ratify Auditors M For For
Caremark Rx, Inc. USA 2004-05-04 Annual 141705103 1.1 Elect Director Edwin M. Banks M For For
Caremark Rx, Inc. USA 2004-05-04 Annual 141705103 1.2 Elect Director Colleen C. Welch,M For For
Ph.D.
Caremark Rx, Inc. USA 2004-05-04 Annual 141705103 1.3 Elect Director Roger L. M For For
Headrick
Caremark Rx, Inc. USA 2004-05-04 Annual 141705103 1.4 Elect Director Jean-Pierre M For For
Millon
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
WYNN RESORTS LTD USA 2004-05-04 Annual 983134107 1.1 Elect Director Stephen A. Wynn M For For
WYNN RESORTS LTD USA 2004-05-04 Annual 983134107 1.2 Elect Director Alvin V. M For For
Shoemaker
WYNN RESORTS LTD USA 2004-05-04 Annual 983134107 1.3 Elect Director D. Boone Wayson M For For
WYNN RESORTS LTD USA 2004-05-04 Annual 983134107 1.4 Elect Director Stanley R. Zax M For For
WYNN RESORTS LTD USA 2004-05-04 Annual 983134107 2 Approve Executive Incentive M For For
Bonus Plan
WYNN RESORTS LTD USA 2004-05-04 Annual 983134107 3 Ratify Auditors M For For
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 1.1 Elect G. B. Coulombe as a M For For
Director
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 1.2 Elect J. W. Crow as a Director M For For
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 1.3 Elect G. Farquharson as a M For For
Director
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 1.4 Elect R. M. Franklin as a M For For
Director
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 1.5 Elect D. S. Karpin as a Director M For For
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 1.6 Elect R. McFarland as a Director M For For
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 1.7 Elect C. L. Michel as a Director M For For
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 1.8 Elect E. A. Parkinson-Marcoux as M For For
a Director
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 1.9 Elect J. K. Taylor as a Director M For For
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 1.10 Elect V. F. Taylor III as a M For For
Director
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 1.11 Elect W. G. Wilson as a Director M For For
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 2 Ratify Ernst & Young LLP as M For For
Auditors
Placer Dome Inc. Canada 2004-05-05 Annual/
Special 725906101 3 Adopt or Amend Shareholder
Rights Plan (Poison Pill) M For For
R.H. Donnelley Corp. USA 2004-05-05 Annual 74955W307 1.1 Elect Director Kenneth G.
Campbell M For For
R.H. Donnelley Corp. USA 2004-05-05 Annual 74955W307 1.2 Elect Director Carol J. Parry M For For
R.H. Donnelley Corp. USA 2004-05-05 Annual 74955W307 1.3 Elect Director Barry Lawson
Williams M For For
R.H. Donnelley Corp. USA 2004-05-05 Annual 74955W307 2 Ratify Auditors M For For
R.H. Donnelley Corp. USA 2004-05-05 Annual 74955W307 3 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder
Vote
Sealed Air Corp. USA 2004-05-05 Annual 81211K100 1.1 Elect Director Hank Brown M For For
Sealed Air Corp. USA 2004-05-05 Annual 81211K100 1.2 Elect Director Michael Chu M For For
Sealed Air Corp. USA 2004-05-05 Annual 81211K100 1.3 Elect Director Lawrence R. M For For
Codey
Sealed Air Corp. USA 2004-05-05 Annual 81211K100 1.4 Elect Director T.J. Dermot M For For
Dunphy
Sealed Air Corp. USA 2004-05-05 Annual 81211K100 1.5 Elect Director Charles F. M For For
Farrell, Jr.
Sealed Air Corp. USA 2004-05-05 Annual 81211K100 1.6 Elect Director William V. M For For
Hickey
Sealed Air Corp. USA 2004-05-05 Annual 81211K100 1.7 Elect Director Kenneth P. M For For
Manning
Sealed Air Corp. USA 2004-05-05 Annual 81211K100 1.8 Elect Director William J. M For For
Marino
Sealed Air Corp. USA 2004-05-05 Annual 81211K100 2 Ratify Auditors M For For
Freeport-McMoRan
Copper & Gold Inc. USA 2004-05-06 Annual 35671D857 1.1 Elect Director Robert J. M For For
Allison, Jr.
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Freeport-McMoRan
Copper & Gold Inc. USA 2004-05-06 Annual 35671D857 1.2 Elect Director R. Leigh M For Withhold
Clifford
Freeport-McMoRan
Copper & Gold Inc. USA 2004-05-06 Annual 35671D857 1.3 Elect Director James R. M For For
Moffett
Freeport-McMoRan
Copper & Gold Inc. USA 2004-05-06 Annual 35671D857 1.4 Elect Director B. M. Rankin, M For For
Jr.
Freeport-McMoRan
Copper & Gold Inc. USA 2004-05-06 Annual 35671D857 1.5 Elect Director J. Taylor M For For
Wharton
Freeport-McMoRan
Copper & Gold Inc. USA 2004-05-06 Annual 35671D857 2 Ratify Auditors M For For
Freeport-McMoRan
Copper & Gold Inc. USA 2004-05-06 Annual 35671D857 3 Approve Non-Employee Director M For For
Omnibus Stock Plan
Freeport-McMoRan
Copper & Gold Inc. USA 2004-05-06 Annual 35671D857 4 Halt Payments to Indonesian S Against Against
Military
NTL Incorporated USA 2004-05-06 Annual 62940M104 1.1 Elect Director Jeffrey D. M For For
Benjamin
NTL Incorporated USA 2004-05-06 Annual 62940M104 1.2 Elect Director David Elstein M For For
NTL Incorporated USA 2004-05-06 Annual 62940M104 2 Ratify Auditors M For For
NTL Incorporated USA 2004-05-06 Annual 62940M104 3 Amend Omnibus Stock Plan M For For
NTL Incorporated USA 2004-05-06 Annual 62940M104 4 Approve Executive Incentive M For For
Bonus Plan
NTL Incorporated USA 2004-05-06 Annual 62940M104 5 Approve Share Plan Grant M For For
Ecolab, Inc. USA 2004-05-07 Annual 278865100 1.1 Elect Director Richard U. De M For For
Schutter
Ecolab, Inc. USA 2004-05-07 Annual 278865100 1.2 Elect Director William L. Jews M For For
Ecolab, Inc. USA 2004-05-07 Annual 278865100 1.3 Elect Director Joel W. Johnson M For For
Ecolab, Inc. USA 2004-05-07 Annual 278865100 1.4 Elect Director Ulrich Lehner M For For
Ecolab, Inc. USA 2004-05-07 Annual 278865100 1.5 Elect Director Beth M. M For For
Pritchard
Ecolab, Inc. USA 2004-05-07 Annual 278865100 2 Amend Executive Incentive Bonus M For For
Plan
Ecolab, Inc. USA 2004-05-07 Annual 278865100 3 Approve Employee Stock Purchase M For For
Plan
Ecolab, Inc. USA 2004-05-07 Annual 278865100 4 Ratify Auditors M For For
Zimmer Holdings Inc USA 2004-05-10 Annual 98956P102 1.1 Elect Director Larry C. M For Withhold
Glasscock
Zimmer Holdings Inc USA 2004-05-10 Annual 98956P102 1.2 Elect Director John L. M For Withhold
McGoldrick
Zimmer Holdings Inc USA 2004-05-10 Annual 98956P102 2 Submit Shareholder Rights Plan S Against For
(Poison Pill) to Shareholder Vote
Zimmer Holdings Inc USA 2004-05-10 Annual 98956P102 3 Ratify Auditors S Against For
Stericycle, Inc. USA 2004-05-11 Annual 858912108 1.1 Elect Director Jack W. Schuler M For For
Stericycle, Inc. USA 2004-05-11 Annual 858912108 1.2 Elect Director Mark C. Miller M For For
Stericycle, Inc. USA 2004-05-11 Annual 858912108 1.3 Elect Director John P. M For For
Connaughton
Stericycle, Inc. USA 2004-05-11 Annual 858912108 1.4 Elect Director Rod F. Dammeyer M For For
Stericycle, Inc. USA 2004-05-11 Annual 858912108 1.5 Elect Director Patrick F. M For For
Graham
Stericycle, Inc. USA 2004-05-11 Annual 858912108 1.6 Elect Director John Patience M For For
Stericycle, Inc. USA 2004-05-11 Annual 858912108 1.7 Elect Director Thomas R. M For For
Reusche
Stericycle, Inc. USA 2004-05-11 Annual 858912108 1.8 Elect Director Peter Vardy M For For
Stericycle, Inc. USA 2004-05-11 Annual 858912108 1.9 Elect Director L. John M For For
Wilkerson, Ph.D.
Stericycle, Inc. USA 2004-05-11 Annual 858912108 2 Ratify Auditors M For For
Stericycle, Inc. USA 2004-05-11 Annual 858912108 3 Report on Waste Incineration S Against Against
Kinder Morgan, Inc. USA 2004-05-11 Annual 49455P101 1.1 Elect Director Charles W. M For Withhold
Battey
Kinder Morgan, Inc. USA 2004-05-11 Annual 49455P101 1.2 Elect Director H. A. True, III M For For
Kinder Morgan, Inc. USA 2004-05-11 Annual 49455P101 1.3 Elect Director Fayez Sarofim M For For
Kinder Morgan, Inc. USA 2004-05-11 Annual 49455P101 2 Ratify Auditors M For For
Kinder Morgan, Inc. USA 2004-05-11 Annual 49455P101 3 Amend Stock Option Plan M For For
Kinder Morgan, Inc. USA 2004-05-11 Annual 49455P101 4 Prepare a Sustainability Report S Against Against
Kinder Morgan, Inc. USA 2004-05-11 Annual 49455P101 5 Expense Stock Options S Against For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Altera Corp. USA 2004-05-11 Annual 021441100 1.1 Elect Director John P. Daane M For For
Altera Corp. USA 2004-05-11 Annual 021441100 1.2 Elect Director Robert W. Reed M For For
Altera Corp. USA 2004-05-11 Annual 021441100 1.3 Elect Director Charles M. M For For
Clough
Altera Corp. USA 2004-05-11 Annual 021441100 1.4 Elect Director Robert J. M For For
Finocchio Jr
Altera Corp. USA 2004-05-11 Annual 021441100 1.5 Elect Director Kevin Mcgarity M For For
Altera Corp. USA 2004-05-11 Annual 021441100 1.6 Elect Director Paul Newhagen M For For
Altera Corp. USA 2004-05-11 Annual 021441100 1.7 Elect Director William E. Terry M For For
Altera Corp. USA 2004-05-11 Annual 021441100 1.8 Elect Director Susan Wang M For For
Altera Corp. USA 2004-05-11 Annual 021441100 2 Amend Stock Option Plan M For For
Altera Corp. USA 2004-05-11 Annual 021441100 3 Amend Employee Stock Purchase M For For
Plan
Altera Corp. USA 2004-05-11 Annual 021441100 4 Ratify Auditors M For For
Altera Corp. USA 2004-05-11 Annual 021441100 5 Approve Option Expensing S Against For
MGM Mirage USA 2004-05-11 Annual 552953101 1.1 Elect Director James D. Aljian M For Withhold
MGM Mirage USA 2004-05-11 Annual 552953101 1.2 Elect Director Robert H. M For Withhold
Baldwin
MGM Mirage USA 2004-05-11 Annual 552953101 1.3 Elect Director Terry N. M For Withhold
Christensen
MGM Mirage USA 2004-05-11 Annual 552953101 1.4 Elect Director Willie D. Davis M For Withhold
MGM Mirage USA 2004-05-11 Annual 552953101 1.5 Elect Director Alexander M. M For Withhold
Haig, Jr.
MGM Mirage USA 2004-05-11 Annual 552953101 1.6 Elect Director Alexis M. Herman M For For
MGM Mirage USA 2004-05-11 Annual 552953101 1.7 Elect Director Roland Hernandez M For For
MGM Mirage USA 2004-05-11 Annual 552953101 1.8 Elect Director Gary N. Jacobs M For Withhold
MGM Mirage USA 2004-05-11 Annual 552953101 1.9 Elect Director Kirk Kerkorian M For Withhold
MGM Mirage USA 2004-05-11 Annual 552953101 1.10 Elect Director J. Terrence M For Withhold
Lanni
MGM Mirage USA 2004-05-11 Annual 552953101 1.11 Elect Director George J. Mason M For For
MGM Mirage USA 2004-05-11 Annual 552953101 1.12 Elect Director James J. Murren M For Withhold
MGM Mirage USA 2004-05-11 Annual 552953101 1.13 Elect Director Ronald M. Popeil M For For
MGM Mirage USA 2004-05-11 Annual 552953101 1.14 Elect Director John T. Redmond M For Withhold
MGM Mirage USA 2004-05-11 Annual 552953101 1.15 Elect Director Daniel M. Wade M For Withhold
MGM Mirage USA 2004-05-11 Annual 552953101 1.16 Elect Director Melvin B.
Wolzinger M For For
MGM Mirage USA 2004-05-11 Annual 552953101 1.17 Elect Director Alex Yemenidjian M For Withhold
MGM Mirage USA 2004-05-11 Annual 552953101 2 Ratify Auditors M For For
Univision
Communications Inc. USA 2004-05-12 Annual 914906102 1.1 Elect Director A. Jerrold M For Withhold
Perenchio
Univision
Communications Inc. USA 2004-05-12 Annual 914906102 1.2 Elect Director Fernando Aguirre M For For
Univision
Communications Inc. USA 2004-05-12 Annual 914906102 1.3 Elect Director Harold Gaba M For For
Univision
Communications Inc. USA 2004-05-12 Annual 914906102 1.4 Elect Director Alan F. Horn M For For
Univision
Communications Inc. USA 2004-05-12 Annual 914906102 1.5 Elect Director John G.
Perenchio M For Withhold
Univision
Communications Inc. USA 2004-05-12 Annual 914906102 1.6 Elect Director Ray Rodriguez M For Withhold
Univision
Communications Inc. USA 2004-05-12 Annual 914906102 1.7 Elect Director McHenry T.
Tichenor, Jr. M For Withhold
Univision
Communications Inc. USA 2004-05-12 Annual 914906102 2 Ratify Auditors M For For
Univision
Communications Inc. USA 2004-05-12 Annual 914906102 3 Approve Omnibus Stock Plan M For For
St. Jude Medical, Inc. USA 2004-05-12 Annual 790849103 1.1 Elect Director Michael A. Rocca M For For
St. Jude Medical, Inc. USA 2004-05-12 Annual 790849103 1.2 Elect Director David A.
Thompson M For For
St. Jude Medical, Inc. USA 2004-05-12 Annual 790849103 1.3 Elect Director Stefan K.
Widensohler M For For
St. Jude Medical, Inc. USA 2004-05-12 Annual 790849103 2 Ratify Auditors M For For
St. Jude Medical, Inc. USA 2004-05-12 Annual 790849103 3 Approve Executive Incentive
Bonus Plan M For For
St. Jude Medical, Inc. USA 2004-05-12 Annual 790849103 4 Increase Authorized Common Stock M For For
St. Jude Medical, Inc. USA 2004-05-12 Annual 790849103 5 Limit Executive Compensation S Against Against
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Charles River
Laboratories
International, Inc. USA 2004-05-12 Annual 159864107 1.1 Elect Director James C. Foster M For For
Charles River
Laboratories
International, Inc. USA 2004-05-12 Annual 159864107 1.2 Elect Director Robert Cawthorn M For For
Charles River
Laboratories
International, Inc. USA 2004-05-12 Annual 159864107 1.3 Elect Director Stephen D. Chubb M For For
Charles River
Laboratories
International, Inc. USA 2004-05-12 Annual 159864107 1.4 Elect Director George E. M For For
Massaro
Charles River
Laboratories
International, Inc. USA 2004-05-12 Annual 159864107 1.5 Elect Director George M. Milne M For Withhold
Charles River
Laboratories
International, Inc. USA 2004-05-12 Annual 159864107 1.6 Elect Director Douglas E. M For For
Rogers
Charles River
Laboratories
International, Inc. USA 2004-05-12 Annual 159864107 1.7 Elect Director Samuel O. Thier M For For
Charles River
Laboratories
International, Inc. USA 2004-05-12 Annual 159864107 1.8 Elect Director William H. M For For
Waltrip
Charles River
Laboratories
International, Inc. USA 2004-05-12 Annual 159864107 2 Ratify Auditors M For For
The Washington Post Co.USA 2004-05-13 Annual 939640108 1.1 Elect Director John L. Dotson, M For For
Jr.
The Washington Post Co.USA 2004-05-13 Annual 939640108 1.2 Elect Director Ronald L. Olson M For For
The Washington Post Co.USA 2004-05-13 Annual 939640108 1.3 Elect Director Alice M. Rivlin M For For
The Washington Post Co.USA 2004-05-13 Annual 939640108 2 Other Business M For Against
Gentex Corp. USA 2004-05-13 Annual 371901109 1.1 Elect Director John Mulder M For For
Gentex Corp. USA 2004-05-13 Annual 371901109 1.2 Elect Director Frederick Sotok M For For
Gentex Corp. USA 2004-05-13 Annual 371901109 1.3 Elect Director Wallace Tsuha M For For
Gentex Corp. USA 2004-05-13 Annual 371901109 2 Amend Stock Option Plan M For For
Gentex Corp. USA 2004-05-13 Annual 371901109 3 Increase Authorized Common Stock M For For
Gentex Corp. USA 2004-05-13 Annual 371901109 4 Ratify Auditors M For For
Westwood One, Inc. USA 2004-05-13 Annual 961815107 1.1 Elect Director Norman J. Pattiz M For For
Westwood One, Inc. USA 2004-05-13 Annual 961815107 1.2 Elect Director Mel Karmazin M For For
Westwood One, Inc. USA 2004-05-13 Annual 961815107 1.3 Elect Director Joseph B. Smith M For For
Westwood One, Inc. USA 2004-05-13 Annual 961815107 1.4 Elect Director Dennis F. Holt M For For
Westwood One, Inc. USA 2004-05-13 Annual 961815107 1.5 Elect Director Shane Coppola M For For
Westwood One, Inc. USA 2004-05-13 Annual 961815107 2 Ratify Auditors M For For
SunGard Data Systems
Inc. USA 2004-05-14 Annual 867363103 1.1 Elect Director Gregory S. M For For
Bentley
SunGard Data Systems
Inc. USA 2004-05-14 Annual 867363103 1.2 Elect Director Michael C. M For For
Brooks
SunGard Data Systems
Inc. USA 2004-05-14 Annual 867363103 1.3 Elect Director Cristobal Conde M For For
SunGard Data Systems
Inc. USA 2004-05-14 Annual 867363103 1.4 Elect Director Ramon de M For For
Oliveira
SunGard Data Systems
Inc. USA 2004-05-14 Annual 867363103 1.5 Elect Director Henry C. Duques M For For
SunGard Data Systems
Inc. USA 2004-05-14 Annual 867363103 1.6 Elect Director Albert A. M For For
Eisenstat
SunGard Data Systems
Inc. USA 2004-05-14 Annual 867363103 1.7 Elect Director Bernard M For For
Goldstein
SunGard Data Systems
Inc. USA 2004-05-14 Annual 867363103 1.8 Elect Director Janet Brutschea M For For
Haugen
SunGard Data Systems
Inc. USA 2004-05-14 Annual 867363103 1.9 Elect Director James L. Mann M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
SunGard Data Systems
Inc. USA 2004-05-14 Annual 867363103 1.10 Elect Director Malcolm I. M For For
Ruddock
SunGard Data Systems
Inc. USA 2004-05-14 Annual 867363103 2 Ratify Auditors M For For
Getty Images, Inc. USA 2004-05-17 Annual 374276103 1.1 Elect Director James N. Bailey M For For
Getty Images, Inc. USA 2004-05-17 Annual 374276103 1.2 Elect Director Andrew S. Garb M For For
Getty Images, Inc. USA 2004-05-17 Annual 374276103 1.3 Elect Director David Landau M For For
Getty Images, Inc. USA 2004-05-17 Annual 374276103 2 Ratify Auditors M For For
Lincare Holdings, Inc. USA 2004-05-17 Annual 532791100 1.1 Elect Director J.P. Byrnes M For For
Lincare Holdings, Inc. USA 2004-05-17 Annual 532791100 1.2 Elect Director S.H. Altman, M For For
Ph.D.
Lincare Holdings, Inc. USA 2004-05-17 Annual 532791100 1.3 Elect Director C.B. Black M For For
Lincare Holdings, Inc. USA 2004-05-17 Annual 532791100 1.4 Elect Director F.D. Byrne, M.D. M For For
Lincare Holdings, Inc. USA 2004-05-17 Annual 532791100 1.5 Elect Director F.T. Cary M For For
Lincare Holdings, Inc. USA 2004-05-17 Annual 532791100 1.6 Elect Director W.F. Miller, III M For For
Lincare Holdings, Inc. USA 2004-05-17 Annual 532791100 2 Approve Omnibus Stock Plan M For For
Questar Corp. USA 2004-05-18 Annual 748356102 1.1 Elect Director Teresa Beck M For For
Questar Corp. USA 2004-05-18 Annual 748356102 1.2 Elect Director R.D. Cash M For For
Questar Corp. USA 2004-05-18 Annual 748356102 1.3 Elect Director Robert E. M For Withhold
McKee III
Questar Corp. USA 2004-05-18 Annual 748356102 1.4 Elect Director Gary G. Michael M For For
Questar Corp. USA 2004-05-18 Annual 748356102 1.5 Elect Director Charles B. M For For
Stanley
Questar Corp. USA 2004-05-18 Annual 748356102 2 Approve Executive Incentive M For For
Bonus Plan
Omnicare, Inc. USA 2004-05-18 Annual 681904108 1.1 Elect Director Edward L. M For For
Huttonv
Omnicare, Inc. USA 2004-05-18 Annual 681904108 1.2 Elect Director Joel F. Gemunder M For For
Omnicare, Inc. USA 2004-05-18 Annual 681904108 1.3 Elect Director Charles H. M For For
Erhart, Jr.
Omnicare, Inc. USA 2004-05-18 Annual 681904108 1.4 Elect Director David W. M For For
Froesel, Jr.
Omnicare, Inc. USA 2004-05-18 Annual 681904108 1.5 Elect Director Sandra E. Laney M For For
Omnicare, Inc. USA 2004-05-18 Annual 681904108 1.6 Elect Director Andrea R. M For For
Lindell, DNSc, RN
Omnicare, Inc. USA 2004-05-18 Annual 681904108 1.7 Elect Director Sheldon Margen, M For For
M.D.
Omnicare, Inc. USA 2004-05-18 Annual 681904108 1.8 Elect Director John H. Timoney M For For
Omnicare, Inc. USA 2004-05-18 Annual 681904108 1.9 Elect Director Amy Wallman M For For
Omnicare, Inc. USA 2004-05-18 Annual 681904108 2 Approve Omnibus Stock Plan M For For
Omnicare, Inc. USA 2004-05-18 Annual 681904108 3 Ratify Auditors M For For
The Cheesecake Factory,
Inc. USA 2004-05-18 Annual 163072101 1.1 Elect Director Thomas L. M For Withhold
Gregory
The Cheesecake Factory,
Inc. USA 2004-05-18 Annual 163072101 2 Amend Stock Option Plan M For For
The Cheesecake Factory,
Inc. USA 2004-05-18 Annual 163072101 3 Amend Omnibus Stock Plan M For For
The Cheesecake Factory,
Inc. USA 2004-05-18 Annual 163072101 4 Amend Non-Employee Director M For For
Stock Option Plan
Mercury Interactive
Corp. USA 2004-05-19 Annual 589405109 1.1 Elect Director Amnon Landan M For For
Mercury Interactive
Corp. USA 2004-05-19 Annual 589405109 1.2 Elect Director Igal Kohavi M For For
Mercury Interactive
Corp. USA 2004-05-19 Annual 589405109 1.3 Elect Director Clyde Ostler M For For
Mercury Interactive
Corp. USA 2004-05-19 Annual 589405109 1.4 Elect Director Yair Shamir M For For
Mercury Interactive
Corp. USA 2004-05-19 Annual 589405109 1.5 Elect Director Giora Yaron M For For
Mercury Interactive
Corp. USA 2004-05-19 Annual 589405109 1.6 Elect Director Anthony Zingale M For For
Mercury Interactive
Corp. USA 2004-05-19 Annual 589405109 2 Increase Authorized Common Stock M For For
Mercury Interactive
Corp. USA 2004-05-19 Annual 589405109 3 Ratify Auditors M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
IDEXX Laboratories,
Inc. USA 2004-05-19 Annual 45168D104 1.1 Elect Director Jonathan W. M For For
Ayers
IDEXX Laboratories,
Inc. USA 2004-05-19 Annual 45168D104 1.2 Elect Director James L. Moody, M For For
Jr.
IDEXX Laboratories,
Inc. USA 2004-05-19 Annual 45168D104 2 Ratify Auditors M For For
Juniper Networks, Inc. USA 2004-05-19 Annual 48203R104 1.1 Elect Director Pradeep Sindhu M For For
Juniper Networks, Inc. USA 2004-05-19 Annual 48203R104 1.2 Elect Director Robert M. M For For
Calderoni
Juniper Networks, Inc. USA 2004-05-19 Annual 48203R104 1.3 Elect Director Kenneth Levy M For Withhold
Juniper Networks, Inc. USA 2004-05-19 Annual 48203R104 2 Ratify Auditors M For For
Mohawk Industries, Inc.USA 2004-05-19 Annual 608190104 1.1 Elect Director Leo Benatar M For For
Mohawk Industries, Inc.USA 2004-05-19 Annual 608190104 1.2 Elect Director Phyllis O. M For For
Bonanno
Mohawk Industries, Inc.USA 2004-05-19 Annual 608190104 1.3 Elect Director David L. Kolb M For For
Mohawk Industries, Inc.USA 2004-05-19 Annual 608190104 1.4 Elect Director W. Christopher M For For
Wellborn
Station Casinos, Inc. USA 2004-05-19 Annual 857689103 1.1 Elect Director Lorenzo J. M For Withhold
Fertitta
Station Casinos, Inc. USA 2004-05-19 Annual 857689103 1.2 Elect Director Blake L. Sartini M For Withhold
Station Casinos, Inc. USA 2004-05-19 Annual 857689103 1.3 Elect Director James E. Nave, M For For
D.V.M.
Station Casinos, Inc. USA 2004-05-19 Annual 857689103 2 Approve Executive Incentive M For For
Bonus Plan
Station Casinos, Inc. USA 2004-05-19 Annual 857689103 3 Ratify Auditors M For For
Station Casinos, Inc. USA 2004-05-19 Annual 857689103 4 Other Business M For Against
Ultra Petroleum Corp. Canada 2004-05-20 Annual 903914109 1.1 Elect Michael D. Watford as a M For For
Director
Ultra Petroleum Corp. Canada 2004-05-20 Annual 903914109 1.2 Elect William C. Helton as a M For For
Director
Ultra Petroleum Corp. Canada 2004-05-20 Annual 903914109 1.3 Elect James E. Nielson as a M For For
Director
Ultra Petroleum Corp. Canada 2004-05-20 Annual 903914109 1.4 Elect Robert E. Rigney as a M For For
Director
Ultra Petroleum Corp. Canada 2004-05-20 Annual 903914109 1.5 Elect James C. Roe as a Director M For For
Ultra Petroleum Corp. Canada 2004-05-20 Annual 903914109 2 Approve Auditors and Authorize M For For
Board to Fix Remuneration of
Auditors
Ultra Petroleum Corp. Canada 2004-05-20 Annual 903914109 3 Other Business M For Against
Tiffany & Co. USA 2004-05-20 Annual 886547108 1.1 Elect Director Michael J. M For For
Kowalski
Tiffany & Co. USA 2004-05-20 Annual 886547108 1.2 Elect Director Rose Marie Bravo M For For
Tiffany & Co. USA 2004-05-20 Annual 886547108 1.3 Elect Director William R. M For For
Chaney
Tiffany & Co. USA 2004-05-20 Annual 886547108 1.4 Elect Director Samuel L. M For For
Hayes III
Tiffany & Co. USA 2004-05-20 Annual 886547108 1.5 Elect Director Abby F. M For For
Kohnstamm
Tiffany & Co. USA 2004-05-20 Annual 886547108 1.6 Elect Director Charles K. M For For
Marquis
Tiffany & Co. USA 2004-05-20 Annual 886547108 1.7 Elect Director J. Thomas Presby M For For
Tiffany & Co. USA 2004-05-20 Annual 886547108 1.8 Elect Director James E. Quinn M For For
Tiffany & Co. USA 2004-05-20 Annual 886547108 1.9 Elect Director William A. M For For
Shutzer
Tiffany & Co. USA 2004-05-20 Annual 886547108 2 Ratify Auditors M For For
CDW Corp. USA 2004-05-20 Annual 12512N105 1.1 Elect Director Michelle L. M For For
Collins
CDW Corp. USA 2004-05-20 Annual 12512N105 1.2 Elect Director Casey G. Cowell M For For
CDW Corp. USA 2004-05-20 Annual 12512N105 1.3 Elect Director John A. M For For
Edwardson
CDW Corp. USA 2004-05-20 Annual 12512N105 1.4 Elect Director Daniel S. Goldin M For For
CDW Corp. USA 2004-05-20 Annual 12512N105 1.5 Elect Director Donald P. Jacobs M For For
CDW Corp. USA 2004-05-20 Annual 12512N105 1.6 Elect Director Michael P. M For For
Krasny
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
CDW Corp. USA 2004-05-20 Annual 12512N105 1.7 Elect Director Terry L. M For For
Lengfelder
CDW Corp. USA 2004-05-20 Annual 12512N105 1.8 Elect Director Susan D. M For For
Wellington
CDW Corp. USA 2004-05-20 Annual 12512N105 1.9 Elect Director Brian E. M For For
Williams
CDW Corp. USA 2004-05-20 Annual 12512N105 2 Ratify Auditors M For For
CDW Corp. USA 2004-05-20 Annual 12512N105 3 Approve Non-Employee Director M For For
Omnibus Stock Plan
INTERACTIVE DATA
CORPORATION USA 2004-05-20 Annual 45840J107 1.1 Elect Director Stuart J. Clark M For Withhold
INTERACTIVE DATA
CORPORATION USA 2004-05-20 Annual 45840J107 1.2 Elect Director William T. M For Withhold
Ethridge
INTERACTIVE DATA
CORPORATION USA 2004-05-20 Annual 45840J107 1.3 Elect Director John Fallon M For Withhold
INTERACTIVE DATA
CORPORATION USA 2004-05-20 Annual 45840J107 1.4 Elect Director William B. Gauld M For Withhold
INTERACTIVE DATA
CORPORATION USA 2004-05-20 Annual 45840J107 1.5 Elect Director Donald P. M For For
Greenberg
INTERACTIVE DATA
CORPORATION USA 2004-05-20 Annual 45840J107 1.6 Elect Director Alan J. M For Withhold
Hirschfield
INTERACTIVE DATA
CORPORATION USA 2004-05-20 Annual 45840J107 1.7 Elect Director Philip J. M For Withhold
Hoffman
INTERACTIVE DATA
CORPORATION USA 2004-05-20 Annual 45840J107 1.8 Elect Director John C. Makinson M For Withhold
INTERACTIVE DATA
CORPORATION USA 2004-05-20 Annual 45840J107 1.9 Elect Director Carl Spielvogel M For For
INTERACTIVE DATA
CORPORATION USA 2004-05-20 Annual 45840J107 1.10 Elect Director Allan R. Tessler M For Withhold
INTERACTIVE DATA
CORPORATION USA 2004-05-20 Annual 45840J107 2 Ratify Auditors M For For
C.H. Robinson
Worldwide, Inc. USA 2004-05-20 Annual 12541W100 1.1 Elect Director D.R. Verdoorn M For For
C.H. Robinson
Worldwide, Inc. USA 2004-05-20 Annual 12541W100 1.2 Elect Director Michael W. M For For
Wickham
C.H. Robinson
Worldwide, Inc. USA 2004-05-20 Annual 12541W100 2 Ratify Auditors M For For
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 1.1 Elect Director Aida Alvarez M For For
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 1.2 Elect Director Bradley C. Call M For For
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 1.3 Elect Director Terry O. M For For
Hartshorn
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 1.4 Elect Director Dominic Ng M For For
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 1.5 Elect Director Howard G. M For For
Phanstiel
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 1.6 Elect Director Warren E. M For For
Pinckert Ii
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 1.7 Elect Director David A. Reed M For For
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 1.8 Elect Director Charles R. M For For
Rinehart
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 1.9 Elect Director Linda Rosenstock M For For
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 1.10 Elect Director Lloyd E. Ross M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 2 Amend Employee Stock Purchase M For For
Plan
PacifiCare Health
Systems, Inc. USA 2004-05-20 Annual 695112102 3 Ratify Auditors M For For
Citadel Broadcasting
Corp USA 2004-05-24 Annual 17285T106 1.1 Elect Director David W. M For For
Checketts
Citadel Broadcasting
Corp USA 2004-05-24 Annual 17285T106 1.2 Elect Director J. Anthony M For Withhold
Forstmann
Citadel Broadcasting
Corp USA 2004-05-24 Annual 17285T106 1.3 Elect Director Charles P. Rose, M For For
Jr.
Citadel Broadcasting
Corp USA 2004-05-24 Annual 17285T106 2 Ratify Auditors M For For
DaVita Inc. USA 2004-05-24 Annual 23918K108 1.1 Elect Director Nancy-Ann M For For
Deparle
DaVita Inc. USA 2004-05-24 Annual 23918K108 1.2 Elect Director Richard B. M For For
Fontaine
DaVita Inc. USA 2004-05-24 Annual 23918K108 1.3 Elect Director Peter T. Grauer M For For
DaVita Inc. USA 2004-05-24 Annual 23918K108 1.4 Elect Director Michele J. M For For
Hooper
DaVita Inc. USA 2004-05-24 Annual 23918K108 1.5 Elect Director C. Raymond M For Withhold
Larkin, Jr.
DaVita Inc. USA 2004-05-24 Annual 23918K108 1.6 Elect Director John M. Nehra M For For
DaVita Inc. USA 2004-05-24 Annual 23918K108 1.7 Elect Director William L. Roper M For For
DaVita Inc. USA 2004-05-24 Annual 23918K108 1.8 Elect Director Kent J. Thiry M For For
Community Health
Systems, Inc. USA 2004-05-25 Annual 203668108 1.1 Elect Director W. Larry Cash M For For
Community Health
Systems, Inc. USA 2004-05-25 Annual 203668108 1.2 Elect Director J. Anthony M For For
Forstmann
Community Health
Systems, Inc. USA 2004-05-25 Annual 203668108 1.3 Elect Director Harvey Klein, M For For
M.D.
Community Health
Systems, Inc. USA 2004-05-25 Annual 203668108 1.4 Elect Director H. Mitchell M For For
Watson, Jr.
Community Health
Systems, Inc. USA 2004-05-25 Annual 203668108 2 Approve Executive Incentive M For For
Bonus Plan
Community Health
Systems, Inc. USA 2004-05-25 Annual 203668108 3 Ratify Auditors M For For
Community Health
Systems, Inc. USA 2004-05-25 Annual 203668108 4 Separate Chairman and CEO S Against Against
Positions
Gilead Sciences, Inc. USA 2004-05-25 Annual 375558103 1.1 Elect Director Paul Berg M For For
Gilead Sciences, Inc. USA 2004-05-25 Annual 375558103 1.2 Elect Director Etienne F. M For For
Davignon
Gilead Sciences, Inc. USA 2004-05-25 Annual 375558103 1.3 Elect Director James M. Denny M For For
Gilead Sciences, Inc. USA 2004-05-25 Annual 375558103 1.4 Elect Director John C. Martin M For For
Gilead Sciences, Inc. USA 2004-05-25 Annual 375558103 1.5 Elect Director Gordon E. Moore M For For
Gilead Sciences, Inc. USA 2004-05-25 Annual 375558103 1.6 Elect Director Nicholas G. M For For
Moore
Gilead Sciences, Inc. USA 2004-05-25 Annual 375558103 1.7 Elect Director George P. Shultz M For For
Gilead Sciences, Inc. USA 2004-05-25 Annual 375558103 1.8 Elect Director Gayle E. Wilson M For For
Gilead Sciences, Inc. USA 2004-05-25 Annual 375558103 2 Ratify Auditors M For For
Gilead Sciences, Inc. USA 2004-05-25 Annual 375558103 3 Approve Omnibus Stock Plan M For For
Gilead Sciences, Inc. USA 2004-05-25 Annual 375558103 4 Increase Authorized Common Stock M For For
Royal Caribbean
Cruises Ltd. Liberia 2004-05-25 Annual V7780T103 1.1 Elect Director Tor B. Arneberg M For For
Royal Caribbean
Cruises Ltd. Liberia 2004-05-25 Annual V7780T103 1.2 Elect Director William L. M For For
Kimsey
Royal Caribbean
Cruises Ltd. Liberia 2004-05-25 Annual V7780T103 1.3 Elect Director Gert W. Munthe M For For
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Royal Caribbean
Cruises Ltd. Liberia 2004-05-25 Annual V7780T103 1.4 Elect Director Thomas J. M For For
Pritzker
Royal Caribbean
Cruises Ltd. Liberia 2004-05-25 Annual V7780T103 2 APPROVAL OF THE AMENDED AND M For For
RESTATED 2000 STOCK AWARD PLAN.
Royal Caribbean
Cruises Ltd. Liberia 2004-05-25 Annual V7780T103 3 RATIFICATION OF APPOINTMENT OF M For For
PRICEWATERHOUSECOOPERS LLP AS
THE COMPANY S INDEPENDENT
ACCOUNTANTS FOR 2004.
DADE BEHRING HLDGS INC USA 2004-05-26 Annual 23342J206 1.1 Elect Director N. Leigh
Anderson, Ph.D. M For For
DADE BEHRING HLDGS INC USA 2004-05-26 Annual 23342J206 1.2 Elect Director James G. Andress M For For
DADE BEHRING HLDGS INC USA 2004-05-26 Annual 23342J206 2 Approve Omnibus Stock Plan M For For
Synopsys, Inc. USA 2004-05-26 Annual 871607107 1.1 Elect Director Aart J. de Geus M For For
Synopsys, Inc. USA 2004-05-26 Annual 871607107 1.2 Elect Director Andy D. Bryant M For For
Synopsys, Inc. USA 2004-05-26 Annual 871607107 1.3 Elect Director Chi-Foon Chan M For For
Synopsys, Inc. USA 2004-05-26 Annual 871607107 1.4 Elect Director Bruce R. Chizen M For For
Synopsys, Inc. USA 2004-05-26 Annual 871607107 1.5 Elect Director Deborah A. M For For
Coleman
Synopsys, Inc. USA 2004-05-26 Annual 871607107 1.6 Elect Director A. Richard M For For
Newton
Synopsys, Inc. USA 2004-05-26 Annual 871607107 1.7 Elect Director Sasson Somekh M For Withhold
Synopsys, Inc. USA 2004-05-26 Annual 871607107 1.8 Elect Director Roy Vallee M For For
Synopsys, Inc. USA 2004-05-26 Annual 871607107 1.9 Elect Director Steven C. Walske M For For
Synopsys, Inc. USA 2004-05-26 Annual 871607107 2 Amend Non-Employee Director M For Against
Stock Option Plan
Synopsys, Inc. USA 2004-05-26 Annual 871607107 3 Ratify Auditors M For For
Crown Castle
International Corp. USA 2004-05-26 Annual 228227104 1.1 Elect Director Randall A. Hack M For For
Crown Castle
International Corp. USA 2004-05-26 Annual 228227104 1.2 Elect Director Edward C.
Hutcheson, Jr. M For For
Crown Castle
International Corp. USA 2004-05-26 Annual 228227104 1.3 Elect Director J. Landis Martin M For For
Crown Castle
International Corp. USA 2004-05-26 Annual 228227104 2 Approve Omnibus Stock Plan M For For
Crown Castle
International Corp. USA 2004-05-26 Annual 228227104 3 Ratify Auditors M For For
Crown Castle
International Corp. USA 2004-05-26 Annual 228227104 4 Implement MacBride Principles S Against Against
Cognizant Technology
Solutions Corp. USA 2004-05-26 Annual 192446102 1.1 Elect Director Lakshmi M For For
Narayanan
Cognizant Technology
Solutions Corp. USA 2004-05-26 Annual 192446102 1.2 Elect Director John E. Klein M For For
Cognizant Technology
Solutions Corp. USA 2004-05-26 Annual 192446102 2 Increase Authorized Common Stock M For For
and Eliminate Class of Common
Stock
Cognizant Technology
Solutions Corp. USA 2004-05-26 Annual 192446102 3 Amend Omnibus Stock Plan M For Against
Cognizant Technology
Solutions Corp. USA 2004-05-26 Annual 192446102 4 Approve Employee Stock Purchase M For For
Plan
Cognizant Technology
Solutions Corp. USA 2004-05-26 Annual 192446102 5 Ratify Auditors M For For
Amphenol Corp. USA 2004-05-26 Annual 032095101 1.1 Elect Director Andrew E. Lietz M For For
Amphenol Corp. USA 2004-05-26 Annual 032095101 1.2 Elect Director Martin H. M For For
Loeffler
Amphenol Corp. USA 2004-05-26 Annual 032095101 1.3 Elect Director Michael W. M For For
Michelson
Amphenol Corp. USA 2004-05-26 Annual 032095101 2 Ratify Auditors M For For
Amphenol Corp. USA 2004-05-26 Annual 032095101 3 Increase Authorized Common Stock M For For
Amphenol Corp. USA 2004-05-26 Annual 032095101 4 Approve Non-Employee Director M For For
Stock Option Plan
Amphenol Corp. USA 2004-05-26 Annual 032095101 5 Approve Executive Incentive M For For
Bonus Plan
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Genzyme Corp. USA 2004-05-27 Annual 372917104 1.1 Elect Director Douglas A. M For For
Berthiaume
Genzyme Corp. USA 2004-05-27 Annual 372917104 1.2 Elect Director Henry E. Blair M For For
Genzyme Corp. USA 2004-05-27 Annual 372917104 1.3 Elect Director Gail K. M For For
Boudreaux
Genzyme Corp. USA 2004-05-27 Annual 372917104 2 Amend Employee Stock Purchase M For For
Plan
Genzyme Corp. USA 2004-05-27 Annual 372917104 3 Approve Stock Option Plan M For For
Genzyme Corp. USA 2004-05-27 Annual 372917104 4 Amend Non-Employee Director M For For
Stock Option Plan
Genzyme Corp. USA 2004-05-27 Annual 372917104 5 Increase Authorized Preferred M For Against
Stock
Genzyme Corp. USA 2004-05-27 Annual 372917104 6 Ratify Auditors M For For
Genzyme Corp. USA 2004-05-27 Annual 372917104 7 Limit Awards to Executives S Against Against
Iron Mountain Inc. USA 2004-05-27 Annual 462846106 1.1 Elect Director Clarke H. Bailey M For For
Iron Mountain Inc. USA 2004-05-27 Annual 462846106 1.2 Elect Director Constantin R. M For For
Boden
Iron Mountain Inc. USA 2004-05-27 Annual 462846106 1.3 Elect Director Kent P. Dauten M For For
Iron Mountain Inc. USA 2004-05-27 Annual 462846106 1.4 Elect Director B. Thomas M For For
Golisano
Iron Mountain Inc. USA 2004-05-27 Annual 462846106 1.5 Elect Director John F. Kenny, M For For
Jr.
Iron Mountain Inc. USA 2004-05-27 Annual 462846106 1.6 Elect Director Arthur D. Little M For For
Iron Mountain Inc. USA 2004-05-27 Annual 462846106 1.7 Elect Director C. Richard Reese M For For
Iron Mountain Inc. USA 2004-05-27 Annual 462846106 1.8 Elect Director Vincent J. Ryan M For For
Iron Mountain Inc. USA 2004-05-27 Annual 462846106 2 Increase Authorized Common Stock M For For
Iron Mountain Inc. USA 2004-05-27 Annual 462846106 3 Amend Omnibus Stock Plan M For For
XM Satellite Radio
Holdings Inc. USA 2004-05-27 Annual 983759101 1.1 Elect Director Gary M. Parsons M For For
XM Satellite Radio
Holdings Inc. USA 2004-05-27 Annual 983759101 1.2 Elect Director Hugh Panero M For For
XM Satellite Radio
Holdings Inc. USA 2004-05-27 Annual 983759101 1.3 Elect Director Nathaniel A. M For For
Davis
XM Satellite Radio
Holdings Inc. USA 2004-05-27 Annual 983759101 1.4 Elect Director Thomas J. M For For
Donohue
XM Satellite Radio
Holdings Inc. USA 2004-05-27 Annual 983759101 1.5 Elect Director Thomas G. M For Withhold
Elliott
XM Satellite Radio
Holdings Inc. USA 2004-05-27 Annual 983759101 1.6 Elect Director George W. M For For
Haywood
XM Satellite Radio
Holdings Inc. USA 2004-05-27 Annual 983759101 1.7 Elect Director Chester A. M For For
Huber, Jr.
XM Satellite Radio
Holdings Inc. USA 2004-05-27 Annual 983759101 1.8 Elect Director Jarl Mohn M For For
XM Satellite Radio
Holdings Inc. USA 2004-05-27 Annual 983759101 1.9 Elect Director Pierce J. M For For
Roberts, Jr.
XM Satellite Radio
Holdings Inc. USA 2004-05-27 Annual 983759101 1.10 Elect Director Jack Shaw M For For
Inamed Corp. USA 2004-05-27 Annual 453235103 1.1 Elect Director Nicholas L. Teti M For For
Inamed Corp. USA 2004-05-27 Annual 453235103 1.2 Elect Director James E. Bolin M For For
Inamed Corp. USA 2004-05-27 Annual 453235103 1.3 Elect Director Malcolm R. M For Withhold
Currie, Ph.D.
Inamed Corp. USA 2004-05-27 Annual 453235103 1.4 Elect Director John C. Miles II M For For
Inamed Corp. USA 2004-05-27 Annual 453235103 1.5 Elect Director Mitchell S. M For For
Rosenthal, M.D.
Inamed Corp. USA 2004-05-27 Annual 453235103 1.6 Elect Director Joy A. Amundson M For For
Inamed Corp. USA 2004-05-27 Annual 453235103 1.7 Elect Director Terry E. M For For
Vandewarker
Inamed Corp. USA 2004-05-27 Annual 453235103 2 Increase Authorized Common Stock M For For
Inamed Corp. USA 2004-05-27 Annual 453235103 3 Approve Stock Option Plan M For For
Inamed Corp. USA 2004-05-27 Annual 453235103 4 Amend Restricted Stock Plan M For For
Inamed Corp. USA 2004-05-27 Annual 453235103 5 Ratify Auditors M For For
Inamed Corp. USA 2004-05-27 Annual 453235103 6 Other Business M For Against
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Phelps Dodge Corp. USA 2004-05-28 Annual 717265102 1.1 Elect Director Marie L. Knowles M For For
Phelps Dodge Corp. USA 2004-05-28 Annual 717265102 1.2 Elect Director Jon C. Madonna M For For
Phelps Dodge Corp. USA 2004-05-28 Annual 717265102 1.3 Elect Director Gordon R. Parker M For For
Phelps Dodge Corp. USA 2004-05-28 Annual 717265102 1.4 Elect Director Robert D. M For For
Johnson
Phelps Dodge Corp. USA 2004-05-28 Annual 717265102 2 Cease Charitable Contributions S Against Against
Marvell Technology
Group Ltd Bermuda 2004-05-28 Annual G5876H105 1.1 Elect Director Dr. John M. M For For
Cioffi, Phd
Marvell Technology
Group Ltd Bermuda 2004-05-28 Annual G5876H105 1.2 Elect Director Dr. Paul R. M For For
Gray, Ph.D.
Marvell Technology
Group Ltd Bermuda 2004-05-28 Annual G5876H105 1.3 Elect Director Douglas King M For For
Marvell Technology
Group Ltd Bermuda 2004-05-28 Annual G5876H105 2 Ratify Auditors M For For
Marvell Technology
Group Ltd Bermuda 2004-05-28 Annual G5876H105 3 TO AUTHORIZE THE BOARD OF M For For
DIRECTORS TO FIX THE AUDITORS
REMUNERATION FOR THE 2005 FISCAL
YEAR ENDING JANUARY 29, 2005.
Marvell Technology
Group Ltd Bermuda 2004-05-28 Annual G5876H105 4 TO APPROVE AN INCREASE TO THE M For For
COMPANY S AUTHORIZED SHARE
CAPITAL.
PETsMART USA 2004-06-10 Annual 716768106 1.1 Elect Director Barbara A. M For For
Munder
PETsMART USA 2004-06-10 Annual 716768106 1.2 Elect Director Thomas G. M For For
Stemberg
PETsMART USA 2004-06-10 Annual 716768106 1.3 Elect Director Nancy J. Pedot M For For
PETsMART USA 2004-06-10 Annual 716768106 1.4 Elect Director Jeffery W. M For For
Yabuki
PETsMART USA 2004-06-10 Annual 716768106 1.5 Elect Director Rita V. Foley M For For
PETsMART USA 2004-06-10 Annual 716768106 2 Ratify Auditors M For For
Varian Medical
Systems Inc USA 2004-06-10 Special 92220P105 1 Increase Authorized Common Stock M For For
Celgene Corp. USA 2004-06-15 Annual 151020104 1.1 Elect Director John W. Jackson M For For
Celgene Corp. USA 2004-06-15 Annual 151020104 1.2 Elect Director Sol J. Barer, M For For
Ph.D.
Celgene Corp. USA 2004-06-15 Annual 151020104 1.3 Elect Director Robert J. Hugin M For For
Celgene Corp. USA 2004-06-15 Annual 151020104 1.4 Elect Director Jack L. Bowman M For For
Celgene Corp. USA 2004-06-15 Annual 151020104 1.5 Elect Director Frank T. Cary M For For
Celgene Corp. USA 2004-06-15 Annual 151020104 1.6 Elect Director Michael D. Casey M For For
Celgene Corp. USA 2004-06-15 Annual 151020104 1.7 Elect Director A. Hull Hayes, M For For
Jr, M.D.
Celgene Corp. USA 2004-06-15 Annual 151020104 1.8 Elect Director Gilla Kaplan, M For For
Ph.D.
Celgene Corp. USA 2004-06-15 Annual 151020104 1.9 Elect Director Richard C.E. M For For
Morgan
Celgene Corp. USA 2004-06-15 Annual 151020104 1.10 Elect Director Walter L. Robb, M For For
Ph.D.
Celgene Corp. USA 2004-06-15 Annual 151020104 2 Increase Authorized Common Stock M For For
Celgene Corp. USA 2004-06-15 Annual 151020104 3 Ratify Auditors M For For
BIOGEN IDEC INC USA 2004-06-16 Annual 09062X103 1.1 Elect Director Alan Belzer M For For
BIOGEN IDEC INC USA 2004-06-16 Annual 09062X103 1.2 Elect Director Mary L. Good M For For
BIOGEN IDEC INC USA 2004-06-16 Annual 09062X103 1.3 Elect Director James C. Mullen M For For
BIOGEN IDEC INC USA 2004-06-16 Annual 09062X103 1.4 Elect Director Bruce R. Ross M For For
BIOGEN IDEC INC USA 2004-06-16 Annual 09062X103 2 Ratify Auditors M For For
Shire Pharmaceuticals United
Group Plc Kingdom 2004-06-16 Annual 82481R106 1 TO RECEIVE AND CONSIDER THE M For For
DIRECTORS REPORT AND ACCOUNTS
FOR THE YEAR ENDED DECEMBER 31,
2003.
Shire Pharmaceuticals United
Group Plc Kingdom 2004-06-16 Annual 82481R106 2 TO RE-ELECT DR JAMES HENRY M For For
CAVANAUGH AS A DIRECTOR.
Shire Pharmaceuticals United
Group Plc Kingdom 2004-06-16 Annual 82481R106 3 TO RE-ELECT DR BARRY JOHN PRICE M For For
AS A DIRECTOR.
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Shire Pharmaceuticals United
Group Plc Kingdom 2004-06-16 Annual 82481R106 4 TO ELECT MR ROBIN WILLIAM M For For
TURNBULL BUCHANAN AS A DIRECTOR.
Shire Pharmaceuticals United
Group Plc Kingdom 2004-06-16 Annual 82481R106 5 TO ELECT MR DAVID JOHN KAPPLER M For For
AS A DIRECTOR.
Shire Pharmaceuticals United
Group Plc Kingdom 2004-06-16 Annual 82481R106 6 Ratify Auditors M For For
Shire Pharmaceuticals United
Group Plc Kingdom 2004-06-16 Annual 82481R106 7 TO APPROVE THE DIRECTORS M For For
REMUNERATION REPORT.
Shire Pharmaceuticals United
Group Plc Kingdom 2004-06-16 Annual 82481R106 8 TO AUTHORIZE THE ALLOTMENT OF M For For
SHARES.
Shire Pharmaceuticals United
Group Plc Kingdom 2004-06-16 Annual 82481R106 9 TO AUTHORIZE THE DISAPPLICATION M For For
OF PRE-EMPTION RIGHTS.
Shire Pharmaceuticals United
Group Plc Kingdom 2004-06-16 Annual 82481R106 10 TO AUTHORIZE MARKET PURCHASES. M For For
Shire Pharmaceuticals United
Group Plc Kingdom 2004-06-16 Annual 82481R106 11 TO AUTHORIZE DONATIONS TO EU M For For
POLITICAL ORGANIZATIONS AND EU
POLITICAL EXPENDITURE.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 1 TO RECEIVE AND CONSIDER THE M For For
FINANCIAL STATEMENTS FOR THE
YEAR ENDED DECEMBER 31, 2003
TOGETHER WITH THE REPORTS OF THE
DIRECTORS AND AUDITORS THEREON.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 2 TO RE-ELECT MR. BRENDAN BOUSHEL M For For
WHO RETIRES FROM THE BOARD BY
ROTATION AS A DIRECTOR OF THE
COMPANY.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 3 TO RE-ELECT MR. JOHN GROOM WHO M For For
RETIRES FROM THE BOARD BY
ROTATION AS A DIRECTOR OF THE
COMPANY.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 4 TO RE-ELECT MR. KYRAN MCLAUGHLIN M For For
WHO RETIRES FROM THE BOARD BY
ROTATION AS A DIRECTOR OF THE
COMPANY.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 5 TO RE-ELECT DR. DENNIS SELKOE M For For
WHO RETIRES FROM THE BOARD BY
ROTATION AS A DIRECTOR OF THE
COMPANY.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 6 TO RE-ELECT MR. DANIEL TULLY WHO M For For
RETIRES FROM THE BOARD BY
ROTATION AS A DIRECTOR OF THE
COMPANY.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 7 TO AUTHORISE THE DIRECTORS TO M For For
FIX THE REMUNERATION OF THE
AUDITORS.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 8 THAT THE BOARD OF DIRECTORS BE M For Against
AUTHORISED TO ISSUE SHARE
OPTIONS TO NON-EXECUTIVE
DIRECTORS IN ACCORDANCE WITH THE
TERMS OF THE ELAN CORPORATION,
PLC 1996 CONSULTANT OPTION PLAN.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 9 THAT THE ELAN CORPORATION, PLC M For Against
2004 RESTRICTED STOCK PLAN (THE
RSU PLAN) BE APPROVED AND ADOPTED.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 10 THAT THE ELAN CORPORATION, PLC M For For
EMPLOYEE EQUITY PURCHASE PLAN
(THE ESPP) BE APPROVED AND
ADOPTED.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 11 THAT THE DIRECTORS BE AND ARE M For For
HEREBY GENERALLY AND
UNCONDITIONALLY AUTHORISED TO
ALLOT AND ISSUE ALL RELEVANT
SECURITIES OF THE COMPANY.
Mgmt - Company Management Recommended Vote
M - Management
S - Shareholder
VOTE SUMMARY REPORT
July 01, 2003 - June 30, 2004
PF VAN KAMPEN MID-CAP GROWTH FUND
Mtg Mtg Security Ballot Item Mgmt Vote
Company Country Date Type Type Issues Description Prpnent Rec Cast
- ------------------------------------------------------------------------------------------------------------------------------------
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 12 THAT THE AUTHORISED SHARE M For For
CAPITAL OF THE COMPANY BE
INCREASED FROM 30,002,500 TO
33,502,500.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 13 THAT, SUBJECT TO THE PASSING OF M For For
RESOLUTION 12 IN THE NOTICE OF
THIS MEETING, THE ARTICLES OF
ASSOCIATION BE AMENDED.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 14 THAT, SUBJECT TO THE PASSING OF M For For
RESOLUTION 11 IN THE NOTICE OF
THE MEETING, THE DIRECTORS BE
AND ARE HEREBY EMPOWERED TO
ALLOT SECURITIES FOR CASH.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 15 THAT THE COMPANY AND/OR ANY
SUBSIDIARY OF THE COMPANY BE AND M For For
IS HEREBY GENERALLY AUTHORIZED
TO MAKE MARKET PURCHASES OF
SHARES OF ANY CLASS OF THE
COMPANY.
Elan Corporation Plc Ireland 2004-06-17 Annual 284131208 16 THAT THE RE-ISSUE PRICE RANGE AT M For For
WHICH ANY TREASURY SHARES FOR
THE TIME BEING HELD BY THE
COMPANY MAY BE RE-ISSUED OFF-
MARKET SHALL BE THE MAXIMUM
PRICE EQUAL TO 120 PER CENT OF
THE RELEVANT PRICE; AND THE
MINIMUM PRICE EQUAL TO 95 PER
CENT OF THE RELEVA
Chico's FAS, Inc. USA 2004-06-22 Annual 168615102 1.1 Elect Director Helene B. M For For
Gralnick
Chico's FAS, Inc. USA 2004-06-22 Annual 168615102 1.2 Elect Director Verna K. Gibson M For For
Chico's FAS, Inc. USA 2004-06-22 Annual 168615102 1.3 Elect Director Betsy S. Atkins M For For
Chico's FAS, Inc. USA 2004-06-22 Annual 168615102 1.4 Elect Director Scott A. Edmonds M For For
Chico's FAS, Inc. USA 2004-06-22 Annual 168615102 2 Change Range for Size of the M For For
Board
Chico's FAS, Inc. USA 2004-06-22 Annual 168615102 3 Amend Employee Stock Purchase M For For
Plan
Chico's FAS, Inc. USA 2004-06-22 Annual 168615102 4 Ratify Auditors M For For
Laureate Education Inc.USA 2004-06-25 Annual 871399101 1.1 Elect Director Douglas L. M For For
Becker
Laureate Education Inc.USA 2004-06-25 Annual 871399101 1.2 Elect Director James H. McGuire M For For
Laureate Education Inc.USA 2004-06-25 Annual 871399101 1.3 Elect Director Richard W. Riley M For For
Laureate Education Inc.USA 2004-06-25 Annual 871399101 2 Ratify Auditors M For For