UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM N-PX

               ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
                         MANAGEMENT INVESTMENT COMPANY

                  Investment Company Act file number 811-09377
                                                     ---------

                        The Gabelli Blue Chip Value Fund
- --------------------------------------------------------------------------------
               (Exact name of registrant as specified in charter)

                              One Corporate Center
                            Rye, New York 10580-1422
- --------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip code)

                                 Bruce N. Alpert
                               Gabelli Funds, LLC
                              One Corporate Center
                            Rye, New York 10580-1422
- --------------------------------------------------------------------------------
                     (Name and address of agent for service)

        Registrant's telephone number, including area code: 800-422-3554
                                                            ------------

                      Date of fiscal year end: December 31
                                               -----------

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

          Form N-PX is to be used by a registered management investment company,
          other than a small business investment company registered on Form N-5
          (ss.ss. 239.24 and 274.5 of this chapter), to file reports with the
          Commission, not later than August 31 of each year, containing the
          registrant's proxy voting record for the most recent twelve-month
          period ended June 30, pursuant to section 30 of the Investment Company
          Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The
          Commission may use the information provided on Form N-PX in its
          regulatory, disclosure review, inspection, and policymaking roles.

          A registrant is required to disclose the information specified by Form
          N-PX, and the Commission will make this information public. A
          registrant is not required to respond to the collection of information
          contained in Form N-PX unless the Form displays a currently valid
          Office of Management and Budget ("OMB") control number. Please direct
          comments concerning the accuracy of the information collection burden
          estimate and any suggestions for reducing the burden to the Secretary,
          Securities and Exchange Commission, 100 F Street, NE, Washington, DC
          20549. The OMB has reviewed this collection of information under the
          clearance requirements of 44 U.S.C. ss. 3507.







                               PROXY VOTING RECORD

                    FOR PERIOD JULY 1, 2006 TO JUNE 30, 2007


ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                   Page 1 of 38



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AT&T INC.                                                               T                  SPECIAL MEETING DATE: 07/21/2006

ISSUER: 00206R102                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    APPROVE ISSUANCE OF AT&T COMMON SHARES REQUIRED                Management       For      For
         TO BE ISSUED PURSUANT TO THE MERGER AGREEMENT,
         DATED AS OF MARCH 4, 2006, BY AND AMONG BELLSOUTH
         CORPORATION, AT&T INC. AND ABC CONSOLIDATION
         CORP., AS IT MAY BE AMENDED.




- ---------------------------------------------------------------------------------------------------------------------------
H.J. HEINZ COMPANY                                                      HNZ       CONTESTED ANNUAL MEETING DATE: 08/16/2006

ISSUER: 423074103                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management
                                              W.R. JOHNSON              Management       For      For
                                              C.E. BUNCH                Management       For      For
                                              M.C. CHOKSI               Management       For      For
                                              P.H. COORS                Management       For      For
                                              J.G. DROSDICK             Management       For      For
                                              E.E. HOLIDAY              Management       For      For
                                              C. KENDLE                 Management       For      For
                                              D.H. REILLEY              Management       For      For
                                              L.C. SWANN                Management       For      For
                                              T.J. USHER                Management       For      For
                                              NELSON PELTZ              Opposition       For
                                              MICHAEL F. WEINSTEIN      Opposition       For
   02    RATIFICATION OF INDEPENDENT REGISTERED PUBLIC                  Management       For      For
         ACCOUNTING FIRM




- ---------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE FINANCIAL CORPORATION                                       COF                SPECIAL MEETING DATE: 08/22/2006

ISSUER: 14040H105                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    TO APPROVE AND ADOPT THE AGREEMENT AND PLAN OF                 Management       For      For
         MERGER, DATED AS OF MARCH 12, 2006, BETWEEN CAPITAL
         ONE FINANCIAL CORPORATION AND NORTH FORK BANCORPORATION,
         INC., AS IT MAY BE AMENDED FROM TIME TO TIME,
         PURSUANT TO WHICH NORTH FORK WILL MERGE WITH
         AND INTO CAPITAL ONE.
   02    TO APPROVE ADJOURNMENT OR POSTPONEMENT OF THE                  Management       For      For
         SPECIAL MEETING, IF NECESSARY, TO SOLICIT ADDITIONAL
         PROXIES.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                   Page 2 of 38



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H&R BLOCK, INC.                                                         HRB                 ANNUAL MEETING DATE: 09/07/2006

ISSUER: 093671105                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                   JERRY D. CHOATE      Management       For      For
                                                   HENRY F. FRIGON      Management       For      For
                                                    ROGER W. HALE       Management       For      For
                                                    LEN J. LAUER        Management       For      For
   03    APPROVAL OF THE MATERIAL TERMS OF PERFORMANCE                  Management       For      For
         GOALS FOR PERFORMANCE SHARES ISSUED PURSUANT
         TO THE 2003 LONG-TERM EXECUTIVE COMPENSATION PLAN.
   02    APPROVAL OF AN AMENDMENTS TO THE 1999 STOCK OPTION             Management       For      For
         PLAN FOR SEASONAL EMPLOYEES TO EXTEND THE PLAN
         FOR THREE YEARS, SUCH THAT IT WILL TERMINATE,
         UNLESS FURTHER EXTENDED, ON DECEMBER 31, 2009.
   04    RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS                 Management       For      For
         THE COMPANY S INDEPENDENT ACCOUNTANTS FOR THE
         YEAR ENDING APRIL 30, 2007.




- ---------------------------------------------------------------------------------------------------------------------------
UNIVISION COMMUNICATIONS INC.                                           UVN                SPECIAL MEETING DATE: 09/27/2006

ISSUER: 914906102                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   02    APPROVE THE ADJOURNMENT OF THE SPECIAL MEETING,                Management       For      For
         IF NECESSARY OR APPROPRIATE, TO SOLICIT ADDITIONAL
         PROXIES IF THERE ARE INSUFFICIENT VOTES AT THE
         TIME OF THE SPECIAL MEETING TO ADOPT THE MERGER
         AGREEMENT.
   01    CONSIDER AND VOTE UPON A PROPOSAL TO ADOPT THE                 Management       For      For
         AGREEMENT AND PLAN OF MERGER, DATED AS OF JUNE
         26, 2006, BY AND AMONG UNIVISION COMMUNICATIONS
         INC., UMBRELLA HOLDINGS, LLC, A DELAWARE LIMITED
         LIABILITY COMPANY (THE  BUYER ), AND UMBRELLA
         ACQUISITION, INC., A DELAWARE CORPORATION AND
         A WHOLLY-OWNED SUBSIDIARY OF THE BUYER.




- ---------------------------------------------------------------------------------------------------------------------------
NEWS CORPORATION                                                        NWSA                ANNUAL MEETING DATE: 10/20/2006

ISSUER: 65248E203                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                  JOSE MARIA AZNAR      Management       For      For
                                                 LACHLAN K. MURDOCH     Management       For      For
                                                  THOMAS J. PERKINS     Management       For      For
                                                  ARTHUR M. SISKIND     Management       For      For
                                                  JOHN L. THORNTON      Management       For      For
   02    RATIFICATION OF ERNST & YOUNG LLP AS THE COMPANY               Management       For      For
         S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
         FOR THE FISCAL YEAR ENDING JUNE 30, 2007.
   03    APPROVAL OF AMENDED AND RESTATED RIGHTS PLAN.                  Management     Against    Against
   04    STOCKHOLDER PROPOSAL ON THE ANNUAL ELECTION OF                 Shareholder    Against    For
         DIRECTORS.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                   Page 3 of 38



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MICROSOFT CORPORATION                                                   MSFT                ANNUAL MEETING DATE: 11/14/2006

ISSUER: 594918104                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: WILLIAM H. GATES III                     Management       For      For
   1B    ELECTION OF DIRECTOR: STEVEN A. BALLMER                        Management       For      For
   1C    ELECTION OF DIRECTOR: JAMES I. CASH JR.                        Management       For      For
   1D    ELECTION OF DIRECTOR: DINA DUBLON                              Management       For      For
   1E    ELECTION OF DIRECTOR: RAYMOND V. GILMARTIN                     Management       For      For
   1F    ELECTION OF DIRECTOR: DAVID F. MARQUARDT                       Management       For      For
   1G    ELECTION OF DIRECTOR: CHARLES H. NOSKI                         Management       For      For
   1H    ELECTION OF DIRECTOR: HELMUT PANKE                             Management       For      For
   1I    ELECTION OF DIRECTOR: JON A. SHIRLEY                           Management       For      For
   02    RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE             Management       For      For
         LLP AS THE COMPANY S INDEPENDENT AUDITOR
   03    SHAREHOLDER PROPOSAL - RESTRICTION ON SELLING                  Shareholder    Against    For
         PRODUCTS AND SERVICES TO FOREIGN GOVERNMENTS
   04    SHAREHOLDER PROPOSAL - SEXUAL ORIENTATION IN                   Shareholder    Against    For
         EQUAL EMPLOYMENT OPPORTUNITY POLICY
   05    SHAREHOLDER PROPOSAL - HIRING OF PROXY ADVISOR                 Shareholder    Against    For




- ---------------------------------------------------------------------------------------------------------------------------
D.R. HORTON, INC.                                                       DHI                 ANNUAL MEETING DATE: 01/25/2007

ISSUER: 23331A109                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   03    TO CONDUCT OTHER BUSINESS PROPERLY BROUGHT BEFORE              Management       For      For
         THE MEETING.
   02    TO VOTE ON A SHAREHOLDER PROPOSAL CONCERNING                   Shareholder    Against    For
         A MAJORITY VOTE STANDARD FOR THE ELECTION OF DIRECTORS.
   01    DIRECTOR                                                       Management       For
                                                  DONALD R. HORTON      Management       For      For
                                                 BRADLEY S. ANDERSON    Management       For      For
                                                 MICHAEL R. BUCHANAN    Management       For      For
                                                 RICHARD I. GALLAND     Management       For      For
                                                  MICHAEL W. HEWATT     Management       For      For
                                                  DONALD J. TOMNITZ     Management       For      For
                                                    BILL W. WHEAT       Management       For      For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                   Page 4 of 38



- ---------------------------------------------------------------------------------------------------------------------------
APPLIED MATERIALS, INC.                                                 AMAT                ANNUAL MEETING DATE: 03/14/2007

ISSUER: 038222105                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                 MICHAEL H. ARMACOST    Management       For      For
                                                   ROBERT H. BRUST      Management       For      For
                                                 DEBORAH A. COLEMAN     Management       For      For
                                                  PHILIP V. GERDINE     Management       For      For
                                                 THOMAS J. IANNOTTI     Management       For      For
                                                  CHARLES Y.S. LIU      Management       For      For
                                                   JAMES C. MORGAN      Management       For      For
                                                  GERHARD H. PARKER     Management       For      For
                                                 WILLEM P. ROELANDTS    Management       For      For
                                                 MICHAEL R. SPLINTER    Management       For      For
   02    TO APPROVE THE AMENDED AND RESTATED EMPLOYEE                   Management       For      For
         STOCK INCENTIVE PLAN.
   03    TO APPROVE THE AMENDED AND RESTATED EMPLOYEES                  Management       For      For
          STOCK PURCHASE PLAN.
   04    TO APPROVE THE AMENDED AND RESTATED SENIOR EXECUTIVE           Management       For      For
         BONUS PLAN.
   05    TO RATIFY THE APPOINTMENT OF KPMG LLP AS APPLIED               Management       For      For
         MATERIALS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM FOR FISCAL YEAR 2007.




- ---------------------------------------------------------------------------------------------------------------------------
TOLL BROTHERS, INC.                                                     TOL                 ANNUAL MEETING DATE: 03/14/2007

ISSUER: 889478103                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   04    THE APPROVAL OF ERNST & YOUNG LLP AS THE COMPANY               Management       For      For
         S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
         FOR THE 2007 FISCAL YEAR.
   03    THE APPROVAL OF THE TOLL BROTHERS, INC. STOCK                  Management     Against    Against
         INCENTIVE PLAN FOR NON-EMPLOYEE DIRECTORS (2007).
   02    THE APPROVAL OF THE TOLL BROTHERS, INC. STOCK                  Management     Against    Against
         INCENTIVE PLAN FOR EMPLOYEES (2007).
   01    DIRECTOR                                                       Management       For

                                                    ZVI BARZILAY        Management       For      For
                                                  EDWARD G. BOEHNE      Management       For      For
                                                 RICHARD J. BRAEMER     Management       For      For
                                                   CARL B. MARBACH      Management       For      For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                   Page 5 of 38



- ---------------------------------------------------------------------------------------------------------------------------
WM. WRIGLEY JR. COMPANY                                                 WWY                 ANNUAL MEETING DATE: 03/14/2007

ISSUER: 982526105                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                 THOMAS A. KNOWLTON     Management       For      For
                                                  STEVEN B. SAMPLE      Management       For      For
                                                    ALEX SHUMATE        Management       For      For
                                                  WILLIAM D. PEREZ      Management       For      For
   03    TO RATIFY THE APPOINTMENT OF THE COMPANY S INDEPENDENT         Management       For      For
         REGISTERED PUBLIC ACCOUNTING FIRM (INDEPENDENT
         AUDITORS) FOR THE YEAR ENDING DECEMBER 31, 2007.
   02    AMENDMENT TO THE SECOND RESTATED CERTIFICATE                   Management       For      For
         OF INCORPORATION TO PERMIT AMENDMENT OF THE BYLAWS
         OF THE COMPANY TO ADOPT MAJORITY VOTING FOR THE
         ELECTION OF DIRECTORS.




- ---------------------------------------------------------------------------------------------------------------------------
NEWS CORPORATION                                                        NWSA               SPECIAL MEETING DATE: 04/03/2007

ISSUER: 65248E203                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   02    APPROVAL OF THE ADJOURNMENT OR POSTPONEMENT OF                 Management       For      For
         THE SPECIAL MEETING, IF NECESSARY OR APPROPRIATE,
         TO SOLICIT ADDITIONAL PROXIES FOR APPROVAL OF
         THE EXCHANGE IF THERE ARE INSUFFICIENT VOTES
         AT THE TIME OF THE SPECIAL MEETING TO APPROVE
         THE EXCHANGE.
   01    APPROVAL OF THE EXCHANGE OF ALL SHARES OF THE                  Management       For      For
         COMPANY S CLASS A COMMON STOCK AND ALL SHARES
         OF THE COMPANY S CLASS B COMMON STOCK, IN EACH
         CASE, INDIRECTLY HELD BY LIBERTY MEDIA CORPORATION,
         FOR ALL OF THE ISSUED AND OUTSTANDING SHARES
         OF GREENLADY CORP., A WHOLLY-OWNED SUBSIDIARY
         OF THE COMPANY, ALL AS MORE FULLY DESCRIBED IN
         THE PROXY STATEMENT.




- ---------------------------------------------------------------------------------------------------------------------------
CITIGROUP INC.                                                          C                   ANNUAL MEETING DATE: 04/17/2007

ISSUER: 172967101                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: C. MICHAEL ARMSTRONG.                    Management       For      For

   1B    ELECTION OF DIRECTOR: ALAIN J.P. BELDA.                        Management       For      For

   1C    ELECTION OF DIRECTOR: GEORGE DAVID.                            Management       For      For

   1D    ELECTION OF DIRECTOR: KENNETH T. DERR.                         Management       For      For

   1E    ELECTION OF DIRECTOR: JOHN M. DEUTCH.                          Management       For      For

   1F    ELECTION OF DIRECTOR: ROBERTO HERNANDEZ RAMIREZ.               Management       For      For

   1G    ELECTION OF DIRECTOR: KLAUS KLEINFELD.                         Management       For      For

   1H    ELECTION OF DIRECTOR: ANDREW N. LIVERIS.                       Management       For      For

   1I    ELECTION OF DIRECTOR: ANNE MULCAHY.                            Management       For      For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                   Page 6 of 38


                                                                                      
   1J    ELECTION OF DIRECTOR: RICHARD D. PARSONS.                      Management       For      For

   1K    ELECTION OF DIRECTOR: CHARLES PRINCE.                          Management       For      For

   1L    ELECTION OF DIRECTOR: JUDITH RODIN.                            Management       For      For

   1M    ELECTION OF DIRECTOR: ROBERT E. RUBIN.                         Management       For      For

   1N    ELECTION OF DIRECTOR: FRANKLIN A. THOMAS.                      Management       For      For

   02    PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP                   Management       For      For
         AS CITIGROUP S INDEPENDENT REGISTERED PUBLIC
         ACCOUNTING FIRM FOR 2007.
   03    STOCKHOLDER PROPOSAL REQUESTING A REPORT ON PRIOR              Shareholder    Against    For
         GOVERNMENTAL SERVICE OF CERTAIN INDIVIDUALS.
   04    STOCKHOLDER PROPOSAL REQUESTING A REPORT ON POLITICAL          Shareholder    Against    For
         CONTRIBUTIONS.
   05    STOCKHOLDER PROPOSAL REQUESTING A REPORT ON CHARITABLE         Shareholder    Against    For
         CONTRIBUTIONS.
   06    SHAREOWNER PROPOSAL REQUESTING AN ADVISORY RESOLUTION          Shareholder    Against    For
         TO RATIFY EXECUTIVE COMPENSATION.
   07    STOCKHOLDER PROPOSAL REQUESTING THAT CEO COMPENSATION          Shareholder    Against    For
         BE LIMITED TO NO MORE THAN 100 TIMES THE AVERAGE
         COMPENSATION PAID TO WORLDWIDE EMPLOYEES.
   08    STOCKHOLDER PROPOSAL REQUESTING THAT THE CHAIRMAN              Shareholder    Against    For
         OF THE BOARD HAVE NO MANAGEMENT DUTIES, TITLES
         OR RESPONSIBILITIES.
   09    STOCKHOLDER PROPOSAL REQUESTING THAT STOCK OPTIONS             Shareholder    Against    For
         BE SUBJECT TO A FIVE-YEAR SALES RESTRICTION.
   10    STOCKHOLDER PROPOSAL REQUESTING CUMULATIVE VOTING.             Shareholder    Against    For

   11    STOCKHOLDER PROPOSAL REQUESTING THAT STOCKHOLDERS              Shareholder    Against    For
         HAVE THE RIGHT TO CALL SPECIAL SHAREHOLDER MEETINGS.




- ---------------------------------------------------------------------------------------------------------------------------
THE HERSHEY COMPANY                                                     HSY                 ANNUAL MEETING DATE: 04/17/2007

ISSUER: 427866108                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                     J.A. BOSCIA        Management       For      For
                                                    R.H. CAMPBELL       Management       For      For
                                                   R.F. CAVANAUGH       Management       For      For
                                                    G.P. COUGHLAN       Management       For      For
                                                     H. EDELMAN         Management       For      For
                                                      B.G. HILL         Management       For      For
                                                   A.F. KELLY, JR.      Management       For      For
                                                     R.H. LENNY         Management       For      For
                                                    M.J. MCDONALD       Management       For      For
                                                   M.J. TOULANTIS       Management       For      For
   02    RATIFY APPOINTMENT OF KPMG LLP AS INDEPENDENT                  Management       For      For
         AUDITORS FOR 2007.
   03    APPROVE THE HERSHEY COMPANY EQUITY AND INCENTIVE               Management     Against    Against
         COMPENSATION PLAN.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                   Page 7 of 38



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WACHOVIA CORPORATION                                                    WB                  ANNUAL MEETING DATE: 04/17/2007

ISSUER: 929903102                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   06    A STOCKHOLDER PROPOSAL REGARDING QUALIFICATIONS                Shareholder    Against    For
         OF DIRECTOR NOMINEES.
   05    A STOCKHOLDER PROPOSAL REGARDING NON-BINDING                   Shareholder    Against    For
         STOCKHOLDER VOTE RATIFYING EXECUTIVE COMPENSATION.
   04    A WACHOVIA PROPOSAL TO RATIFY THE APPOINTMENT                  Management       For      For
         OF KPMG LLP AS AUDITORS FOR THE YEAR 2007.
   03    A WACHOVIA PROPOSAL TO AMEND WACHOVIA S ARTICLES               Management       For      For
         OF INCORPORATION TO PROVIDE FOR MAJORITY VOTING
         IN UNCONTESTED DIRECTOR ELECTIONS.
   02    A WACHOVIA PROPOSAL TO AMEND WACHOVIA S ARTICLES               Management       For      For
         OF INCORPORATION TO ELIMINATE THE PROVISIONS
         CLASSIFYING THE TERMS OF ITS BOARD OF DIRECTORS.
   01    DIRECTOR                                                       Management       For

                                                  ERNEST S. RADY***     Management       For      For
                                                    JERRY GITT**        Management       For      For
                                                JOHN T. CASTEEN, III*   Management       For      For
                                              MARYELLEN C. HERRINGER*   Management       For      For
                                                  JOSEPH NEUBAUER*      Management       For      For
                                                 TIMOTHY D. PROCTOR*    Management       For      For
                                                   VAN L. RICHEY*       Management       For      For
                                                  DONA DAVIS YOUNG*     Management       For      For
   08    A STOCKHOLDER PROPOSAL REGARDING SEPARATING THE                Shareholder    Against    For
         OFFICES OF CHAIRMAN AND CHIEF EXECUTIVE OFFICER.
   07    A STOCKHOLDER PROPOSAL REGARDING REPORTING POLITICAL           Shareholder    Against    For
         CONTRIBUTIONS.




- ---------------------------------------------------------------------------------------------------------------------------
STATE STREET CORPORATION                                                STT                 ANNUAL MEETING DATE: 04/18/2007

ISSUER: 857477103                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                     T. ALBRIGHT        Management       For      For
                                                      K. BURNES         Management       For      For
                                                       P. COYM          Management       For      For
                                                    N. DAREHSHORI       Management       For      For
                                                     A. FAWCETT         Management       For      For
                                                    A. GOLDSTEIN        Management       For      For
                                                      D. GRUBER         Management       For      For
                                                       L. HILL          Management       For      For
                                                     C. LAMANTIA        Management       For      For
                                                      R. LOGUE          Management       For      For
                                                     M. MISKOVIC        Management       For      For
                                                      R. SERGEL         Management       For      For
                                                      R. SKATES         Management       For      For
                                                      G. SUMME          Management       For      For
                                                      D. WALSH          Management       For      For
                                                     R. WEISSMAN        Management       For      For
   02    TO INCREASE STATE STREET S AUTHORIZED SHARES                   Management       For      For
         OF COMMON STOCK FROM 500,000,000 TO 750,000,000.
   03    TO RATIFY THE SELECTION OF ERNST & YOUNG LLP                   Management       For      For
         AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC
         ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER
         31, 2007.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                   Page 8 of 38



- ---------------------------------------------------------------------------------------------------------------------------
TEXAS INSTRUMENTS INCORPORATED                                          TXN                 ANNUAL MEETING DATE: 04/19/2007

ISSUER: 882508104                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: J.R. ADAMS.                              Management       For      For

   1B    ELECTION OF DIRECTOR: D.L. BOREN.                              Management       For      For

   1C    ELECTION OF DIRECTOR: D.A. CARP.                               Management       For      For

   1D    ELECTION OF DIRECTOR: C.S. COX.                                Management       For      For

   1E    ELECTION OF DIRECTOR: T.J. ENGIBOUS.                           Management       For      For

   1F    ELECTION OF DIRECTOR: D.R. GOODE.                              Management       For      For

   1G    ELECTION OF DIRECTOR: P.H. PATSLEY.                            Management       For      For

   1H    ELECTION OF DIRECTOR: W.R. SANDERS.                            Management       For      For

   1I    ELECTION OF DIRECTOR: R.J. SIMMONS.                            Management       For      For

   1J    ELECTION OF DIRECTOR: R.K. TEMPLETON.                          Management       For      For

   1K    ELECTION OF DIRECTOR: C.T. WHITMAN.                            Management       For      For

   02    BOARD PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST              Management       For      For
         & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED
         PUBLIC ACCOUNTING FIRM FOR 2007.




- ---------------------------------------------------------------------------------------------------------------------------
ALCOA INC.                                                              AA                  ANNUAL MEETING DATE: 04/20/2007

ISSUER: 013817101                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                  ALAIN J.P. BELDA      Management       For      For
                                                    CARLOS GHOSN        Management       For      For
                                                  HENRY B. SCHACHT      Management       For      For
                                                 FRANKLIN A. THOMAS     Management       For      For
   02    PROPOSAL TO RATIFY THE INDEPENDENT AUDITOR                     Management       For      For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                   Page 9 of 38



- ---------------------------------------------------------------------------------------------------------------------------
AMERICAN EXPRESS COMPANY                                                AXP                 ANNUAL MEETING DATE: 04/23/2007

ISSUER: 025816109                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                    D.F. AKERSON        Management       For      For
                                                    C. BARSHEFSKY       Management       For      For
                                                     U.M. BURNS         Management       For      For
                                                    K.I. CHENAULT       Management       For      For
                                                     P. CHERNIN         Management       For      For
                                                  V.E. JORDAN, JR.      Management       For      For
                                                     J. LESCHLY         Management       For      For
                                                     R.C. LEVIN         Management       For      For
                                                     R.A. MCGINN        Management       For      For
                                                     E.D. MILLER        Management       For      For
                                                     F.P. POPOFF        Management       For      For
                                                   S.S. REINEMUND       Management       For      For
                                                     R.D. WALTER        Management       For      For
                                                    R.A. WILLIAMS       Management       For      For
   02    THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS                 Management       For      For
         OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS
         FOR 2007.
   03    A PROPOSAL TO APPROVE THE AMERICAN EXPRESS COMPANY             Management       For      For
         2007 INCENTIVE COMPENSATION PLAN.
   04    A SHAREHOLDER PROPOSAL RELATING TO CUMULATIVE                  Shareholder    Against    For
         VOTING FOR DIRECTORS.




- ---------------------------------------------------------------------------------------------------------------------------
HONEYWELL INTERNATIONAL INC.                                            HON                 ANNUAL MEETING DATE: 04/23/2007

ISSUER: 438516106                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   07    SIX SIGMA                                                      Shareholder    Against    For

   05    PERFORMANCE BASED STOCK OPTIONS                                Shareholder    Against    For

   04    RECOUP UNEARNED MANAGEMENT BONUSES                             Shareholder    Against    For

   03    2007 HONEYWELL GLOBAL EMPLOYEE STOCK PLAN                      Management       For      For

   02    APPROVAL OF INDEPENDENT ACCOUNTANTS                            Management       For      For

   1L    ELECTION OF DIRECTOR: MICHAEL W. WRIGHT                        Management       For      For

   1K    ELECTION OF DIRECTOR: JOHN R. STAFFORD                         Management       For      For

   1J    ELECTION OF DIRECTOR: ERIC K. SHINSEKI                         Management       For      For

   1I    ELECTION OF DIRECTOR: BRADLEY T. SHEARES                       Management       For      For

   1H    ELECTION OF DIRECTOR: IVAN G. SEIDENBERG                       Management       For      For

   1G    ELECTION OF DIRECTOR: JAMES J. HOWARD                          Management       For      For

   1F    ELECTION OF DIRECTOR: CLIVE R. HOLLICK                         Management       For      For

   1E    ELECTION OF DIRECTOR: LINNET F. DEILY                          Management       For      For

   06    SPECIAL SHAREHOLDER MEETINGS                                   Shareholder    Against    For

   1D    ELECTION OF DIRECTOR: D. SCOTT DAVIS                           Management       For      For

   1C    ELECTION OF DIRECTOR: DAVID M. COTE                            Management       For      For

   1B    ELECTION OF DIRECTOR: JAIME CHICO PARDO                        Management       For      For

   1A    ELECTION OF DIRECTOR: GORDON M. BETHUNE                        Management       For      For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 10 of 38



- ---------------------------------------------------------------------------------------------------------------------------
WELLS FARGO & COMPANY                                                   WFC                 ANNUAL MEETING DATE: 04/24/2007

ISSUER: 949746101                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: JOHN S. CHEN.                            Management       For      For

   1B    ELECTION OF DIRECTOR: LLOYD H. DEAN.                           Management       For      For

   1C    ELECTION OF DIRECTOR: SUSAN E. ENGEL.                          Management       For      For

   1D    ELECTION OF DIRECTOR: ENRIQUE HERNANDEZ, JR.                   Management       For      For

   1E    ELECTION OF DIRECTOR: ROBERT L. JOSS.                          Management       For      For

   1F    ELECTION OF DIRECTOR: RICHARD M. KOVACEVICH.                   Management       For      For

   1G    ELECTION OF DIRECTOR: RICHARD D. MCCORMICK.                    Management       For      For

   1H    ELECTION OF DIRECTOR: CYNTHIA H. MILLIGAN.                     Management       For      For

   1I    ELECTION OF DIRECTOR: NICHOLAS G. MOORE.                       Management       For      For

   1J    ELECTION OF DIRECTOR: PHILIP J. QUIGLEY.                       Management       For      For

   1K    ELECTION OF DIRECTOR: DONALD B. RICE.                          Management       For      For

   1L    ELECTION OF DIRECTOR: JUDITH M. RUNSTAD.                       Management       For      For

   1M    ELECTION OF DIRECTOR: STEPHEN W. SANGER.                       Management       For      For

   1N    ELECTION OF DIRECTOR: SUSAN G. SWENSON.                        Management       For      For

   1O    ELECTION OF DIRECTOR: JOHN G. STUMPF.                          Management       For      For

   1P    ELECTION OF DIRECTOR: MICHAEL W. WRIGHT.                       Management       For      For

   02    PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG LLP                 Management       For      For
         AS INDEPENDENT AUDITORS FOR 2007.
   03    STOCKHOLDER PROPOSAL REGARDING SEPARATION OF                   Shareholder    Against    For
         BOARD CHAIRMAN AND CEO POSITIONS.
   04    STOCKHOLDER PROPOSAL REGARDING AN ADVISORY VOTE                Shareholder    Against    For
         ON EXECUTIVE COMPENSATION.
   05    STOCKHOLDER PROPOSAL REGARDING ADOPTION OF A                   Shareholder    Against    For
         POLICY LIMITING BENEFITS UNDER SUPPLEMENTAL EXECUTIVE
         RETIREMENT PLAN.
   06    STOCKHOLDER PROPOSAL REGARDING A REPORT ON HOME                Shareholder    Against    For
         MORTGAGE DISCLOSURE ACT (HMDA) DATA.
   07    STOCKHOLDER PROPOSAL REGARDING EMISSION REDUCTION              Shareholder    Against    For
         GOALS FOR WELLS FARGO AND ITS CUSTOMERS.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 11 of 38



- ---------------------------------------------------------------------------------------------------------------------------
BANK OF AMERICA CORPORATION                                             BAC                 ANNUAL MEETING DATE: 04/25/2007

ISSUER: 060505104                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: WILLIAM BARNET, III                      Management       For      For

   1B    ELECTION OF DIRECTOR: FRANK P. BRAMBLE, SR.                    Management       For      For

   1C    ELECTION OF DIRECTOR: JOHN T. COLLINS                          Management       For      For

   1D    ELECTION OF DIRECTOR: GARY L. COUNTRYMAN                       Management       For      For

   1E    ELECTION OF DIRECTOR: TOMMY R. FRANKS                          Management       For      For

   1F    ELECTION OF DIRECTOR: CHARLES K. GIFFORD                       Management       For      For

   1G    ELECTION OF DIRECTOR: W. STEVEN JONES                          Management       For      For

   1H    ELECTION OF DIRECTOR: KENNETH D. LEWIS                         Management       For      For

   1I    ELECTION OF DIRECTOR: MONICA C. LOZANO                         Management       For      For

   1J    ELECTION OF DIRECTOR: WALTER E. MASSEY                         Management       For      For

   1K    ELECTION OF DIRECTOR: THOMAS J. MAY                            Management       For      For

   1L    ELECTION OF DIRECTOR: PATRICIA E. MITCHELL                     Management       For      For

   1M    ELECTION OF DIRECTOR: THOMAS M. RYAN                           Management       For      For

   1N    ELECTION OF DIRECTOR: O. TEMPLE SLOAN, JR.                     Management       For      For

   1O    ELECTION OF DIRECTOR: MEREDITH R. SPANGLER                     Management       For      For

   1P    ELECTION OF DIRECTOR: ROBERT L. TILLMAN                        Management       For      For

   1Q    ELECTION OF DIRECTOR: JACKIE M. WARD                           Management       For      For

   02    RATIFICATION OF THE INDEPENDENT REGISTERED PUBLIC              Management       For      For
         ACCOUNTING FIRM FOR 2007
   03    STOCKHOLDER PROPOSAL - STOCK OPTIONS                           Shareholder    Against    For

   04    STOCKHOLDER PROPOSAL - NUMBER OF DIRECTORS                     Shareholder    Against    For

   05    STOCKHOLDER PROPOSAL - INDEPENDENT BOARD CHAIRMAN              Shareholder    Against    For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 12 of 38



- ---------------------------------------------------------------------------------------------------------------------------
CHEVRON CORPORATION                                                     CVX                 ANNUAL MEETING DATE: 04/25/2007

ISSUER: 166764100                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1B    ELECTION OF DIRECTOR: L.F. DEILY                               Management       For      For

   1C    ELECTION OF DIRECTOR: R.E. DENHAM                              Management       For      For

   1D    ELECTION OF DIRECTOR: R.J. EATON                               Management       For      For

   1E    ELECTION OF DIRECTOR: S. GINN                                  Management       For      For

   1F    ELECTION OF DIRECTOR: F.G. JENIFER                             Management       For      For

   1G    ELECTION OF DIRECTOR: S. NUNN                                  Management       For      For

   1H    ELECTION OF DIRECTOR: D.J. O REILLY                            Management       For      For

   1I    ELECTION OF DIRECTOR: D.B. RICE                                Management       For      For

   1J    ELECTION OF DIRECTOR: P.J. ROBERTSON                           Management       For      For

   1K    ELECTION OF DIRECTOR: K.W. SHARER                              Management       For      For

   1L    ELECTION OF DIRECTOR: C.R. SHOEMATE                            Management       For      For

   1M    ELECTION OF DIRECTOR: R.D. SUGAR                               Management       For      For

   1N    ELECTION OF DIRECTOR: C. WARE                                  Management       For      For

   02    RATIFICATION OF INDEPENDENT REGISTERED PUBLIC                  Management       For      For
         ACCOUNTING FIRM
   03    PROPOSAL TO AMEND CHEVRON S RESTATED CERTIFICATE               Management       For      For
         OF INCORPORATION TO REPEAL THE SUPERMAJORITY
         VOTE PROVISIONS
   04    ADOPT POLICY AND REPORT ON HUMAN RIGHTS                        Shareholder    Against    For

   05    ADOPT GOALS AND REPORT ON GREENHOUSE GAS EMISSIONS             Shareholder    Against    For

   06    ADOPT POLICY AND REPORT ON ANIMAL WELFARE                      Shareholder    Against    For

   07    RECOMMEND AMENDMENT TO THE BY-LAWS TO SEPARATE                 Shareholder    Against    For
         THE CEO/CHAIRMAN POSITIONS
   08    AMEND THE BY-LAWS REGARDING THE STOCKHOLDER RIGHTS             Shareholder      For      Against
         PLAN POLICY

   09    REPORT ON HOST COUNTRY ENVIRONMENTAL LAWS                      Shareholder    Against    For

   1A    ELECTION OF DIRECTOR: S.H. ARMACOST                            Management       For      For




- ---------------------------------------------------------------------------------------------------------------------------
DELUXE CORPORATION                                                      DLX                 ANNUAL MEETING DATE: 04/25/2007

ISSUER: 248019101                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                 CHARLES A. HAGGERTY    Management       For      For
                                                 ISAIAH HARRIS, JR.     Management       For      For
                                              WILLIAM A. HAWKINS, III   Management       For      For
                                                C. MAYBERRY MCKISSACK   Management       For      For
                                                STEPHEN P. NACHTSHEIM   Management       For      For
                                                  MARY ANN O'DWYER      Management       For      For
                                                 MARTYN R. REDGRAVE     Management       For      For
                                                    LEE J. SCHRAM       Management       For      For
   02    RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS      Management       For      For
         LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM FOR THE YEAR ENDING DECEMBER 31, 2007.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 13 of 38



- ---------------------------------------------------------------------------------------------------------------------------
E. I. DU PONT DE NEMOURS AND COMPANY                                    DD                  ANNUAL MEETING DATE: 04/25/2007

ISSUER: 263534109                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                  RICHARD H. BROWN      Management       For      For
                                                   ROBERT A. BROWN      Management       For      For
                                                 BERTRAND P. COLLOMB    Management       For      For
                                                 CURTIS J. CRAWFORD     Management       For      For
                                                   JOHN T. DILLON       Management       For      For
                                                ELEUTHERE I. DU PONT    Management       For      For
                                              CHARLES O. HOLLIDAY, JR   Management       For      For
                                                   LOIS D. JULIBER      Management       For      For
                                                   MASAHISA NAITOH      Management       For      For
                                                    SEAN O'KEEFE        Management       For      For
                                                  WILLIAM K. REILLY     Management       For      For
   02    ON RATIFICATION OF INDEPENDENT REGISTERED PUBLIC               Management       For      For
         ACCOUNTING FIRM
   03    ON DUPONT EQUITY AND INCENTIVE PLAN                            Management     Against    Against

   04    ON GENETICALLY MODIFIED FOOD                                   Shareholder    Against    For

   05    ON PLANT CLOSURE                                               Shareholder    Against    For

   06    ON REPORT ON PFOA                                              Shareholder    Against    For

   07    ON COSTS                                                       Shareholder    Against    For

   08    ON GLOBAL WARMING                                              Shareholder    Against    For

   09    ON CHEMICAL FACILITY SECURITY                                  Shareholder    Against    For




- ---------------------------------------------------------------------------------------------------------------------------
GENERAL ELECTRIC COMPANY                                                GE                  ANNUAL MEETING DATE: 04/25/2007

ISSUER: 369604103                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   09    REPORT ON PAY DIFFERENTIAL                                     Shareholder    Against    For

   08    ETHICAL CRITERIA FOR MILITARY CONTRACTS                        Shareholder    Against    For

   07    GLOBAL WARMING REPORT                                          Shareholder    Against    For

   06    REPORT ON CHARITABLE CONTRIBUTIONS                             Shareholder    Against    For

   05    ELIMINATE DIVIDEND EQUIVALENTS                                 Shareholder    Against    For

   04    INDEPENDENT BOARD CHAIRMAN                                     Shareholder    Against    For

   03    ONE DIRECTOR FROM THE RANKS OF RETIREES                        Shareholder    Against    For

   02    CURB OVER-EXTENDED DIRECTORS                                   Shareholder    Against    For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 14 of 38


                                                                                      
   01    CUMULATIVE VOTING                                              Shareholder    Against    For

   E     APPROVAL OF MATERIAL TERMS OF SENIOR OFFICER                   Management       For      For
         PERFORMANCE GOALS
   D     APPROVAL OF 2007 LONG TERM INCENTIVE PLAN                      Management       For      For

   A     DIRECTOR                                                       Management       For

                                                 JAMES I. CASH, JR.     Management       For      For
                                               SIR WILLIAM M. CASTELL   Management       For      For
                                                    ANN M. FUDGE        Management       For      For
                                                 CLAUDIO X. GONZALEZ    Management       For      For
                                                   SUSAN HOCKFIELD      Management       For      For
                                                  JEFFREY R. IMMELT     Management       For      For
                                                     ANDREA JUNG        Management       For      For
                                                ALAN G.(A.G.) LAFLEY    Management       For      For
                                                   ROBERT W. LANE       Management       For      For
                                                   RALPH S. LARSEN      Management       For      For
                                                 ROCHELLE B. LAZARUS    Management       For      For
                                                      SAM NUNN          Management       For      For
                                                   ROGER S. PENSKE      Management       For      For
                                                 ROBERT J. SWIERINGA    Management       For      For
                                                DOUGLAS A. WARNER III   Management       For      For
                                                  ROBERT C. WRIGHT      Management       For      For
   B     RATIFICATION OF KPMG                                           Management       For      For

   C     ADOPTION OF MAJORITY VOTING FOR DIRECTORS                      Management       For      For




- ---------------------------------------------------------------------------------------------------------------------------
THE RYLAND GROUP, INC.                                                  RYL                 ANNUAL MEETING DATE: 04/25/2007

ISSUER: 783764103                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                   R. CHAD DREIER       Management       For      For
                                                   DANIEL T. BANE       Management       For      For
                                                  LESLIE M. FRECON      Management       For      For
                                                 ROLAND A. HERNANDEZ    Management       For      For
                                                   WILLIAM L. JEWS      Management       For      For
                                                     NED MANSOUR        Management       For      For
                                                  ROBERT E. MELLOR      Management       For      For
                                                 NORMAN J. METCALFE     Management       For      For
                                                CHARLOTTE ST. MARTIN    Management       For      For
                                                   PAUL J. VARELLO      Management       For      For
   02    APPROVAL OF THE RYLAND GROUP, INC. 2007 EQUITY                 Management     Against    Against
         INCENTIVE PLAN.
   03    RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG               Management       For      For
         LLP AS RYLAND S INDEPENDENT REGISTERED PUBLIC
         ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER
         31, 2007.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 15 of 38



- ---------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE FINANCIAL CORPORATION                                       COF                 ANNUAL MEETING DATE: 04/26/2007

ISSUER: 14040H105                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                   W. RONALD DIETZ      Management       For      For
                                                   LEWIS HAY, III       Management       For      For
                                                 MAYO SHATTUCK, III     Management       For      For
   02    RATIFICATION OF ERNST & YOUNG LLP AS INDEPENDENT               Management       For      For
         AUDITORS OF THE CORPORATION FOR 2007.
   03    APPROVAL AND ADOPTION OF CAPITAL ONE S AMENDED                 Management       For      For
         AND RESTATED CERTIFICATE OF INCORPORATION TO
         PERMIT AMENDMENT OF THE BYLAWS TO ADOPT MAJORITY
         VOTING FOR THE ELECTION OF DIRECTORS.
   04    STOCKHOLDER PROPOSAL: STOCKHOLDER ADVISORY VOTE                Shareholder    Against    For
         ON EXECUTIVE COMPENSATION.




- ---------------------------------------------------------------------------------------------------------------------------
GROUPE DANONE                                                           DA                  ANNUAL MEETING DATE: 04/26/2007

ISSUER: 399449107                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   O1    APPROVAL OF THE STATUTORY FINANCIAL STATEMENTS                 Management       For      *Management Position Unknown
         FOR THE FISCAL YEAR ENDED DECEMBER 31, 2006,
         AS SET FORTH IN THE FIRST RESOLUTION OF THE COMPANY
         S NOTICE OF MEETING ENCLOSED HEREWITH.
   O2    APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS              Management       For      *Management Position Unknown
         FOR THE FISCAL YEAR ENDED DECEMBER 31, 2006,
         AS SET FORTH IN THE SECOND RESOLUTION OF THE
         COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH.
   O3    APPROVAL OF THE ALLOCATION OF THE EARNINGS FOR                 Management       For      *Management Position Unknown
         THE FISCAL YEAR ENDED DECEMBER 31, 2006, AS STATED
         IN THE STATUTORY FINANCIAL ACCOUNTS, AND SETTING
         OF DIVIDEND AT EURO2.00 PER SHARE, AS SET FORTH
         IN THE THIRD RESOLUTION OF THE COMPANY S NOTICE
         OF MEETING ENCLOSED HEREWITH.
   O4    APPROVAL OF THE AGREEMENTS REFERRED TO IN THE                  Management       For      *Management Position Unknown
         SPECIAL REPORT OF THE STATUTORY AUDITORS, AS
         SET FORTH IN THE FOURTH RESOLUTION OF THE COMPANY
         S NOTICE OF MEETING ENCLOSED HEREWITH.
   O5    RENEWAL OF THE APPOINTMENT OF MR. FRANCK RIBOUD                Management       For      *Management Position Unknown
         AS DIRECTOR, AS SET FORTH IN THE FIFTH RESOLUTION
         OF THE COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH.
   O6    RENEWAL OF THE APPOINTMENT OF MR. EMMANUEL FABER               Management       For      *Management Position Unknown
         AS DIRECTOR, AS SET FORTH IN THE SIXTH RESOLUTION
         OF THE COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH.
   O7    RATIFICATION OF THE COOPTATION OF MR. NAOMASA                  Management       For      *Management Position Unknown
         TSURITANI AS DIRECTOR, AS SET FORTH IN THE SEVENTH
         RESOLUTION OF THE COMPANY S NOTICE OF MEETING
         ENCLOSED HEREWITH.
   O8    AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS                Management       For      *Management Position Unknown
         TO PURCHASE, RETAIN OR TRANSFER THE COMPANY S
         SHARES, AS SET FORTH IN THE EIGHTH RESOLUTION
         OF THE COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH.
   O9    APPROVAL OF PROJECT DANONE COMMUNITIES, AS SET                 Management       For      *Management Position Unknown
         FORTH IN THE NINTH RESOLUTION OF THE COMPANY
         S NOTICE OF MEETING ENCLOSED HEREWITH.
  E10    DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS              Management       For      *Management Position Unknown
         TO ISSUE ORDINARY SHARES AND SECURITIES GIVING
         ACCESS TO SHARE CAPITAL WITH PREFERENTIAL SUBSCRIPTION
         RIGHT OF THE SHAREHOLDERS, AS SET FORTH IN THE
         TENTH RESOLUTION OF THE COMPANY S NOTICE OF MEETING
         ENCLOSED HEREWITH.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 16 of 38


                                                                                      
  E11    DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS              Management       For      *Management Position Unknown
         TO ISSUE ORDINARY SHARES AND SECURITIES GIVING
         ACCESS TO SHARE CAPITAL, WITHOUT PREFERENTIAL
         SUBSCRIPTION RIGHT OF THE SHAREHOLDERS, BUT WITH
         THE RIGHT TO A PRIORITY PERIOD, AS SET FORTH
         IN THE ELEVENTH RESOLUTION OF THE COMPANY S NOTICE
         OF MEETING ENCLOSED HEREWITH.
  E12    AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS                Management       For      *Management Position Unknown
         TO INCREASE THE NUMBER OF SECURITIES TO BE ISSUED
         IN THE EVENT OF A CAPITAL INCREASE WITH OR WITHOUT
         PREFERENTIAL SUBSCRIPTION RIGHT OF THE SHAREHOLDERS,
         AS SET FORTH IN THE TWELFTH RESOLUTION OF THE
         COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH.
  E13    DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS              Management       For      *Management Position Unknown
         TO ISSUE EQUITY SECURITIES AND SECURITIES GIVING
         ACCESS TO THE COMPANY S SHARE CAPITAL IN THE
         EVENT OF A PUBLIC EXCHANGE OFFER INITIATED BY
         THE COMPANY, AS SET FORTH IN THE THIRTEENTH RESOLUTION
         OF THE COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH.

  E14    DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS              Management       For      *Management Position Unknown
         TO ISSUE ORDINARY SHARES AND SECURITIES GIVING
         ACCESS TO SHARE CAPITAL IN CONSIDERATION FOR
         THE CONTRIBUTIONS-IN-KIND GRANTED TO THE COMPANY
         AND COMPRISED OF EQUITY SECURITIES OR SECURITIES
         GIVING ACCESS TO SHARE CAPITAL, AS SET FORTH
         IN THE FOURTEENTH RESOLUTION OF THE COMPANY S
         NOTICE OF MEETING ENCLOSED HEREWITH.

  E15    DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS              Management       For      *Management Position Unknown
         TO INCREASE THE COMPANY S SHARE CAPITAL THROUGH
         INCORPORATION OF RESERVES, PROFITS, PREMIUMS
         OR ANY OTHER AMOUNTS THAT MAY BE CAPITALIZED,
         AS SET FORTH IN THE FIFTEENTH RESOLUTION OF THE
         COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH.

  E16    DELEGATION OF COMPETENCE TO THE BOARD OF DIRECTORS             Management       For      *Management Position Unknown
         TO INCREASE THE SHARE CAPITAL IN FAVOR OF THE
         MEMBERS OF A COMPANY SAVINGS PLAN, AS SET FORTH
         IN THE SIXTEENTH RESOLUTION OF THE COMPANY S
         NOTICE OF MEETING ENCLOSED HEREWITH.

  E17    AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS                Management       For      *Management Position Unknown
         TO GRANT OPTIONS GIVING RIGHT TO PURCHASE SHARES,
         AS SET FORTH IN THE SEVENTEENTH RESOLUTION OF
         THE COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH.

  E18    AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS                Management       For      *Management Position Unknown
         TO ALLOCATE ORDINARY SHARES OF THE COMPANY FREE
         OF CHARGE, AS SET FORTH IN THE EIGHTEENTH RESOLUTION
         OF THE COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH.

  E19    AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS                Management       For      *Management Position Unknown
         TO REDUCE THE SHARE CAPITAL BY CANCELING SHARES,
         AS  SET FORTH IN THE NINETEENTH RESOLUTION OF
         THE COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH.

  E20    DIVISION OF NOMINAL VALUE OF SHARES OF GROUPE                  Management       For      *Management Position Unknown
         DANONE BY TWO, AS SET FORTH IN THE TWENTIETH
         RESOLUTION OF THE COMPANY S NOTICE OF MEETING
         ENCLOSED HEREWITH.
  E21    APPROVAL OF POWERS TO EFFECT FORMALITIES, AS                   Management       For      *Management Position Unknown
         SET FORTH IN THE TWENTY-FIRST RESOLUTION OF THE
         COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH.
  E22    APPROVAL TO MODIFY THE BYLAWS TO DELETE THE PROVISION          Management       For      *Management Position Unknown
         LIMITING SHAREHOLDERS  VOTING RIGHTS (RESOLUTION
         BY SHAREHOLDERS AND NOT APPROVED BY THE BOARD
         OF DIRECTORS), AS SET FORTH IN THE TWENTY-SECOND
         RESOLUTION OF THE COMPANY S NOTICE OF MEETING
         ENCLOSED HEREWITH.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 17 of 38



- ---------------------------------------------------------------------------------------------------------------------------
NOBLE CORPORATION                                                       NE                  ANNUAL MEETING DATE: 04/26/2007

ISSUER: G65422100                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                  MICHAEL A. CAWLEY     Management       For      For
                                                   LUKE R. CORBETT      Management       For      For
                                                   JACK E. LITTLE       Management       For      For
   02    APPROVAL OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS          Management       For      For
         LLP AS INDEPENDENT AUDITORS FOR 2007.




- ---------------------------------------------------------------------------------------------------------------------------
PFIZER INC.                                                             PFE                 ANNUAL MEETING DATE: 04/26/2007

ISSUER: 717081103                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                 DENNIS A. AUSIELLO     Management       For      For
                                                  MICHAEL S. BROWN      Management       For      For
                                                  M. ANTHONY BURNS      Management       For      For
                                                   ROBERT N. BURT       Management       For      For
                                                   W. DON CORNWELL      Management       For      For
                                                WILLIAM H. GRAY, III    Management       For      For
                                                 CONSTANCE J. HORNER    Management       For      For
                                                  WILLIAM R. HOWELL     Management       For      For
                                                 JEFFREY B. KINDLER     Management       For      For
                                                   GEORGE A. LORCH      Management       For      For
                                                    DANA G. MEAD        Management       For      For
                                               WILLIAM C. STEERE, JR.   Management       For      For
   02    PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP                   Management       For      For
         AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
         FOR 2007.
   03    SHAREHOLDER PROPOSAL RELATING TO CUMULATIVE VOTING.            Shareholder    Against    For

   04    SHAREHOLDER PROPOSAL REQUESTING A REPORT ON THE                Shareholder    Against    For
         RATIONALE FOR EXPORTING ANIMAL EXPERIMENTATION.
   05    SHAREHOLDER PROPOSAL REQUESTING A REPORT ON THE                Shareholder    Against    For
         FEASIBILITY OF AMENDING PFIZER S CORPORATE POLICY
         ON LABORATORY ANIMAL CARE AND USE.
   06    SHAREHOLDER PROPOSAL RELATING TO QUALIFICATIONS                Shareholder    Against    For
         FOR DIRECTOR NOMINEES.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 18 of 38



- ---------------------------------------------------------------------------------------------------------------------------
WYETH                                                                   WYE                 ANNUAL MEETING DATE: 04/26/2007

ISSUER: 983024100                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: ROBERT ESSNER                            Management       For      For

   1B    ELECTION OF DIRECTOR: JOHN D. FEERICK                          Management       For      For

   1C    ELECTION OF DIRECTOR: FRANCES D. FERGUSSON, PH.D.              Management       For      For

   1D    ELECTION OF DIRECTOR: VICTOR F. GANZI                          Management       For      For

   1E    ELECTION OF DIRECTOR: ROBERT LANGER, SC.D.                     Management       For      For

   1F    ELECTION OF DIRECTOR: JOHN P. MASCOTTE                         Management       For      For

   1G    ELECTION OF DIRECTOR: RAYMOND J. MCGUIRE                       Management       For      For

   1H    ELECTION OF DIRECTOR: MARY LAKE POLAN, M.D.,                   Management       For      For
         PH.D., M.P.H.
   1I    ELECTION OF DIRECTOR: BERNARD POUSSOT                          Management       For      For

   1J    ELECTION OF DIRECTOR: GARY L. ROGERS                           Management       For      For

   1K    ELECTION OF DIRECTOR: IVAN G. SEIDENBERG                       Management       For      For

   1L    ELECTION OF DIRECTOR: WALTER V. SHIPLEY                        Management       For      For

   1M    ELECTION OF DIRECTOR: JOHN R. TORELL III                       Management       For      For

   02    VOTE TO RATIFY PRICEWATERHOUSECOOPERS LLP AS                   Management       For      For
         THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM FOR 2007
   03    VOTE TO AMEND THE CERTIFICATE OF INCORPORATION                 Management       For      For
         TO ELIMINATE SUPERMAJORITY VOTE REQUIREMENTS
   04    VOTE TO AMEND AND RESTATE THE 2005 STOCK INCENTIVE             Management       For      For
         PLAN FOR TAX COMPLIANCE
   05    DISCLOSURE OF ANIMAL WELFARE POLICY                            Shareholder    Against    For

   06    REPORT ON LIMITING SUPPLY OF PRESCRIPTION DRUGS                Shareholder    Against    For
         IN CANADA

   07    DISCLOSURE OF POLITICAL CONTRIBUTIONS                          Shareholder    Against    For

   08    RECOUPMENT OF INCENTIVE BONUSES                                Shareholder    Against    For

   09    INTERLOCKING DIRECTORSHIPS                                     Shareholder    Against    For

   10    PROPOSAL WITHDRAWN. NO VOTE REQUIRED                           Management                *Management Position
                                                                                                  Unknown

   11    SEPARATING THE ROLES OF CHAIRMAN AND CEO                       Shareholder    Against    For

   12    STOCKHOLDER ADVISORY VOTE ON COMPENSATION                      Shareholder    Against    For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 19 of 38



- ---------------------------------------------------------------------------------------------------------------------------
AETNA INC.                                                              AET                 ANNUAL MEETING DATE: 04/27/2007

ISSUER: 00817Y108                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                   FRANK M. CLARK       Management       For      For
                                                   BETSY Z. COHEN       Management       For      For
                                                 MOLLY J. COYE, M.D.    Management       For      For
                                                 BARBARA H. FRANKLIN    Management       For      For
                                                  JEFFREY E. GARTEN     Management       For      For
                                                   EARL G. GRAVES       Management       For      For
                                                  GERALD GREENWALD      Management       For      For
                                                  ELLEN M. HANCOCK      Management       For      For
                                                  EDWARD J. LUDWIG      Management       For      For
                                                 JOSEPH P. NEWHOUSE     Management       For      For
                                                 RONALD A. WILLIAMS     Management       For      For
   02    APPROVAL OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING           Management       For      For
         FIRM

   03    APPROVAL OF AMENDMENT TO ARTICLES OF INCORPORATION             Management       For      For

   04    SHAREHOLDER PROPOSAL ON CUMULATIVE VOTING                      Shareholder    Against    For

   05    SHAREHOLDER PROPOSAL ON NOMINATING A DIRECTOR                  Shareholder    Against    For
         FROM THE EXECUTIVE RETIREE RANKS




- ---------------------------------------------------------------------------------------------------------------------------
MERRILL LYNCH & CO., INC.                                               MER                 ANNUAL MEETING DATE: 04/27/2007

ISSUER: 590188108                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                  JOHN D. FINNEGAN      Management       For      For
                                                  JOSEPH W. PRUEHER     Management       For      For
                                                    ANN N. REESE        Management       For      For
   02    RATIFY APPOINTMENT OF DELOITTE & TOUCHE LLP AS                 Management       For      For
         INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
   03    INSTITUTE CUMULATIVE VOTING                                    Shareholder    Against    For
   04    SUBMIT NAMED EXECUTIVE OFFICERS COMPENSATION                   Shareholder    Against    For
         TO SHAREHOLDERS FOR ANNUAL RATIFICATION
   05    ADOPT POLICY THAT SIGNIFICANT PORTION OF FUTURE                Shareholder    Against    For
         EQUITY COMPENSATION BE PERFORMANCE-VESTING SHARES




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 20 of 38



- ---------------------------------------------------------------------------------------------------------------------------
THE BOEING COMPANY                                                      BA                  ANNUAL MEETING DATE: 04/30/2007

ISSUER: 097023105                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: JOHN H. BIGGS                            Management       For      For

   1B    ELECTION OF DIRECTOR: JOHN E. BRYSON                           Management       For      For

   1C    ELECTION OF DIRECTOR: ARTHUR D. COLLINS, JR.                   Management       For      For

   1D    ELECTION OF DIRECTOR: LINDA Z. COOK                            Management       For      For

   1E    ELECTION OF DIRECTOR: WILLIAM M. DALEY                         Management       For      For

   1F    ELECTION OF DIRECTOR: KENNETH M. DUBERSTEIN                    Management       For      For

   1G    ELECTION OF DIRECTOR: JOHN F. MCDONNELL                        Management       For      For

   1H    ELECTION OF DIRECTOR: W. JAMES MCNERNEY, JR.                   Management       For      For

   1I    ELECTION OF DIRECTOR: RICHARD D. NANULA                        Management       For      For

   1J    ELECTION OF DIRECTOR: ROZANNE L. RIDGWAY                       Management       For      For

   1K    ELECTION OF DIRECTOR: MIKE S. ZAFIROVSKI                       Management       For      For

   02    ADVISORY VOTE ON APPOINTMENT OF DELOITTE & TOUCHE              Management       For      For
         LLP AS INDEPENDENT AUDITORS.
   03    PREPARE A REPORT ON FOREIGN MILITARY SALES.                    Shareholder    Against    For

   04    DEVELOP AND ADOPT HUMAN RIGHTS POLICIES.                       Shareholder    Against    For

   05    PREPARE A REPORT ON CHARITABLE CONTRIBUTIONS.                  Shareholder    Against    For

   06    PREPARE A REPORT ON POLITICAL CONTRIBUTIONS.                   Shareholder    Against    For

   07    SEPARATE THE ROLES OF CEO AND CHAIRMAN.                        Shareholder    Against    For

   08    SUBJECT RIGHTS PLANS TO SHAREHOLDER VOTE.                      Shareholder      For      Against

   09    ADVISORY VOTE ON COMPENSATION DISCUSSION AND                   Shareholder    Against    For
         ANALYSIS.

   10    ADOPT A POLICY ON PERFORMANCE-BASED STOCK OPTIONS.             Shareholder    Against    For

   11    RECOUP UNEARNED MANAGEMENT BONUSES.                            Shareholder    Against    For




- ---------------------------------------------------------------------------------------------------------------------------
BRISTOL-MYERS SQUIBB COMPANY                                            BMY                 ANNUAL MEETING DATE: 05/01/2007

ISSUER: 110122108                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: L.B. CAMPBELL                            Management       For      For

   1B    ELECTION OF DIRECTOR: J.M. CORNELIUS                           Management       For      For

   1C    ELECTION OF DIRECTOR: L.J. FREEH                               Management       For      For

   1D    ELECTION OF DIRECTOR: L.H. GLIMCHER, M.D.                      Management       For      For

   1E    ELECTION OF DIRECTOR: M. GROBSTEIN                             Management       For      For

   1F    ELECTION OF DIRECTOR: L. JOHANSSON                             Management       For      For

   1G    ELECTION OF DIRECTOR: J.D. ROBINSON III                        Management       For      For

   1H    ELECTION OF DIRECTOR: V.L. SATO, PH.D.                         Management       For      For

   1I    ELECTION OF DIRECTOR: R.S. WILLIAMS, M.D.                      Management       For      For

   02    RATIFICATION OF INDEPENDENT REGISTERED PUBLIC                  Management       For      For
         ACCOUNTING FIRM
   03    2007 STOCK AWARD AND INCENTIVE PLAN                            Management     Against    Against

   04    SENIOR EXECUTIVE PERFORMANCE INCENTIVE PLAN                    Management       For      For

   05    EXECUTIVE COMPENSATION DISCLOSURE                              Shareholder    Against    For

   06    RECOUPMENT                                                     Shareholder    Against    For

   07    CUMULATIVE VOTING                                              Shareholder    Against    For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 21 of 38



- ---------------------------------------------------------------------------------------------------------------------------
THE TRAVELERS COMPANIES, INC.                                               TRV            ANNUAL MEETING DATE: 05/01/2007

ISSUER: 89417E109                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                   ALAN L. BELLER       Management       For      For
                                                   JOHN H. DASBURG      Management       For      For
                                                   JANET M. DOLAN       Management       For      For
                                                KENNETH M. DUBERSTEIN   Management       For      For
                                                   JAY S. FISHMAN       Management       For      For
                                                  LAWRENCE G. GRAEV     Management       For      For
                                                 PATRICIA L. HIGGINS    Management       For      For
                                                  THOMAS R. HODGSON     Management       For      For
                                              C.L. KILLINGSWORTH, JR.   Management       For      For
                                                   ROBERT I. LIPP       Management       For      For
                                                 BLYTHE J. MCGARVIE     Management       For      For
                                                 GLEN D. NELSON, MD     Management       For      For
                                                  LAURIE J. THOMSEN     Management       For      For
   02    PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP                   Management       For      For
         AS TRAVELERS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM FOR 2007.
   03    PROPOSAL TO APPROVE AN AMENDMENT TO OUR ARTICLES               Management       For      For
         OF INCORPORATION TO REQUIRE A MAJORITY VOTE FOR
         THE ELECTION OF DIRECTORS.




- ---------------------------------------------------------------------------------------------------------------------------
LYONDELL CHEMICAL COMPANY                                               LYO                 ANNUAL MEETING DATE: 05/03/2007

ISSUER: 552078107                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                  CAROL A. ANDERSON     Management       For      For
                                                   SUSAN K. CARTER      Management       For      For
                                                  STEPHEN I. CHAZEN     Management       For      For
                                                    TRAVIS ENGEN        Management       For      For
                                                   PAUL S. HALATA       Management       For      For
                                                    DANNY W. HUFF       Management       For      For
                                                   DAVID J. LESAR       Management       For      For
                                                 DAVID J.P. MEACHIN     Management       For      For
                                                  DANIEL J. MURPHY      Management       For      For
                                                    DAN F. SMITH        Management       For      For
                                                  WILLIAM R. SPIVEY     Management       For      For
   02    PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS   Management       For      For
         LLP, INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM, AS THE COMPANY S AUDITORS FOR THE YEAR 2007.

   03    SHAREHOLDER PROPOSAL REGARDING A POLITICAL CONTRIBUTION        Shareholder    Against    For
         REPORT.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 22 of 38



- ---------------------------------------------------------------------------------------------------------------------------
MBIA INC.                                                               MBI                 ANNUAL MEETING DATE: 05/03/2007

ISSUER: 55262C100                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                   DAVID C. CLAPP       Management       For      For
                                                   GARY C. DUNTON       Management       For      For
                                                 CLAIRE L. GAUDIANI     Management       For      For
                                                  DANIEL P. KEARNEY     Management       For      For
                                                  LAURENCE H. MEYER     Management       For      For
                                                  DAVID M. MOFFETT      Management       For      For
                                                   DEBRA J. PERRY       Management       For      For
                                                    JOHN A. ROLLS       Management       For      For
                                                  RICHARD H. WALKER     Management       For      For
                                                  JEFFERY W. YABUKI     Management       For      For
   02    APPROVAL OF APPOINTMENT OF PRICEWATERHOUSECOOPERS              Management       For      For
         LLP AS INDEPENDENT AUDITORS.




- ---------------------------------------------------------------------------------------------------------------------------
VERIZON COMMUNICATIONS INC.                                             VZ                  ANNUAL MEETING DATE: 05/03/2007

ISSUER: 92343V104                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: JAMES R. BARKER                          Management       For      For

   1B    ELECTION OF DIRECTOR: RICHARD L. CARRION                       Management       For      For

   1C    ELECTION OF DIRECTOR: M. FRANCES KEETH                         Management       For      For

   1D    ELECTION OF DIRECTOR: ROBERT W. LANE                           Management       For      For

   1E    ELECTION OF DIRECTOR: SANDRA O. MOOSE                          Management       For      For

   1F    ELECTION OF DIRECTOR: JOSEPH NEUBAUER                          Management       For      For

   1G    ELECTION OF DIRECTOR: DONALD T. NICOLAISEN                     Management       For      For

   1H    ELECTION OF DIRECTOR: THOMAS H. O BRIEN                        Management       For      For

   1I    ELECTION OF DIRECTOR: CLARENCE OTIS, JR.                       Management       For      For

   1J    ELECTION OF DIRECTOR: HUGH B. PRICE                            Management       For      For

   1K    ELECTION OF DIRECTOR: IVAN G. SEIDENBERG                       Management       For      For

   1L    ELECTION OF DIRECTOR: WALTER V. SHIPLEY                        Management       For      For

   1M    ELECTION OF DIRECTOR: JOHN W. SNOW                             Management       For      For

   1N    ELECTION OF DIRECTOR: JOHN R. STAFFORD                         Management       For      For

   1O    ELECTION OF DIRECTOR: ROBERT D. STOREY                         Management       For      For

   02    RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED          Management       For      For
         PUBLIC ACCOUNTING FIRM.
   03    ELIMINATE STOCK OPTIONS                                        Shareholder    Against    For

   04    SHAREHOLDER APPROVAL OF FUTURE SEVERANCE AGREEMENTS            Shareholder    Against    For

   05    COMPENSATION CONSULTANT DISCLOSURE                             Shareholder    Against    For

   06    ADVISORY VOTE ON EXECUTIVE COMPENSATION                        Shareholder    Against    For

   07    LIMIT SERVICE ON OUTSIDE BOARDS                                Shareholder    Against    For

   08    SHAREHOLDER APPROVAL OF FUTURE POISON PILL                     Shareholder      For      Against

   09    REPORT ON CHARITABLE CONTRIBUTIONS                             Shareholder    Against    For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 23 of 38



- ---------------------------------------------------------------------------------------------------------------------------
ZIONS BANCORPORATION                                                    ZION                ANNUAL MEETING DATE: 05/04/2007

ISSUER: 989701107                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                   ROGER B. PORTER      Management       For      For
                                                    L.E. SIMMONS        Management       For      For
                                                STEVEN C. WHEELWRIGHT   Management       For      For
   02    TO RATIFY THE APPOINTMENT OF THE COMPANY S INDEPENDENT         Management       For      For
         AUDITORS FOR FISCAL 2007.
   03    TO TRANSACT ANY OTHER SUCH BUSINESS AS MAY PROPERLY            Management       For      For
         COME BEFORE THE MEETING.




- ---------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL PAPER COMPANY                                             IP                  ANNUAL MEETING DATE: 05/07/2007

ISSUER: 460146103                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTORS                                                      Management       For

                                                  DAVID J. BRONCZEK     Management       For      For
                                                  MARTHA F. BROOKS      Management       For      For
                                               LYNN LAVERTY ELSENHANS   Management       For      For
                                                JOHN L. TOWNSEND, III   Management       For      For
   02    RATIFICATION OF DELOITTE & TOUCHE LLP AS THE                   Management       For      For
         COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM FOR 2007.
   03    SHAREHOLDER PROPOSAL CONCERNING MAJORITY VOTING.               Shareholder      For      For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 24 of 38



- ---------------------------------------------------------------------------------------------------------------------------
AMGEN INC.                                                              AMGN                ANNUAL MEETING DATE: 05/09/2007

ISSUER: 031162100                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: MR. FRANK J. BIONDI, JR.                 Management       For      For

   1B    ELECTION OF DIRECTOR: MR. JERRY D. CHOATE                      Management       For      For

   1C    ELECTION OF DIRECTOR: MR. FRANK C. HERRINGER                   Management       For      For

   1D    ELECTION OF DIRECTOR: DR. GILBERT S. OMENN                     Management       For      For

   02    TO RATIFY THE SELECTION OF ERNST & YOUNG LLP                   Management       For      For
         AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC
         ACCOUNTANTS FOR THE YEAR ENDING DECEMBER 31, 2007.
   03    TO APPROVE THE AMENDMENTS TO THE COMPANY S RESTATED            Management       For      For
         CERTIFICATE OF INCORPORATION ELIMINATING THE
         CLASSIFICATION OF THE BOARD OF DIRECTORS.
   04    TO APPROVE THE AMENDMENTS TO THE COMPANY S AMENDED             Management       For      For
         AND RESTATED BYLAWS ELIMINATING THE CLASSIFICATION
         OF THE BOARD OF DIRECTORS.
   5A    STOCKHOLDER PROPOSAL #1 (ANIMAL WELFARE POLICY).               Shareholder    Against    For
   5B    STOCKHOLDER PROPOSAL #2 (SUSTAINABILITY REPORT).               Shareholder    Against    For




- ---------------------------------------------------------------------------------------------------------------------------
CONOCOPHILLIPS                                                          COP                 ANNUAL MEETING DATE: 05/09/2007

ISSUER: 20825C104                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF CLASS II DIRECTOR: JAMES E. COPELAND, JR.          Management       For      For

   1B    ELECTION OF CLASS II DIRECTOR: KENNETH M. DUBERSTEIN           Management       For      For

   1C    ELECTION OF CLASS II DIRECTOR: RUTH R. HARKIN                  Management       For      For

   1D    ELECTION OF CLASS II DIRECTOR: WILLIAM R. RHODES               Management       For      For

   1E    ELECTION OF CLASS II DIRECTOR: J. STAPLETON ROY                Management       For      For

   1F    ELECTION OF CLASS II DIRECTOR: WILLIAM E. WADE,                Management       For      For
         JR.

   02    RATIFICATION OF APPOINTMENT OF ERNST & YOUNG                   Management       For      For
         LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM FOR 2007
   03    CORPORATE POLITICAL CONTRIBUTIONS                              Shareholder    Against    For

   04    GLOBAL WARMING-RENEWABLES                                      Shareholder    Against    For

   05    QUALIFICATION FOR DIRECTOR NOMINEES                            Shareholder    Against    For

   06    DRILLING IN SENSITIVE/PROTECTED AREAS                          Shareholder    Against    For

   07    REPORT ON RECOGNITION OF INDIGENOUS RIGHTS                     Shareholder    Against    For

   08    COMMUNITY ACCOUNTABILITY                                       Shareholder    Against    For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 25 of 38



- ---------------------------------------------------------------------------------------------------------------------------
PULTE HOMES, INC.                                                       PHM                 ANNUAL MEETING DATE: 05/10/2007

ISSUER: 745867101                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                  WILLIAM J. PULTE      Management       For      For
                                                RICHARD J. DUGAS, JR.   Management       For      For
                                                  DAVID N. MCCAMMON     Management       For      For
                                                   FRANCIS J. SEHN      Management       For      For
   02    TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP                 Management       For      For
         AS PULTE HOMES INDEPENDENT REGISTERED PUBLIC
         ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER
         31, 2007.
   03    A SHAREHOLDER PROPOSAL REQUESTING THE ELECTION                 Shareholder    Against    For
         OF DIRECTORS BY A MAJORITY, RATHER THAN PLURALITY,
         VOTE.
   04    A SHAREHOLDER PROPOSAL REQUESTING THE DECLASSIFICATION         Shareholder    Against    For
         OF THE BOARD OF DIRECTORS.
   05    A SHAREHOLDER PROPOSAL REQUESTING THE FORMATION                Shareholder    Against    For
         OF A MAJORITY VOTE SHAREHOLDER COMMITTEE.
   06    A SHAREHOLDER PROPOSAL REGARDING THE USE OF PERFORMANCE-BASED  Shareholder    Against    For
         OPTIONS.




- ---------------------------------------------------------------------------------------------------------------------------
THE DOW CHEMICAL COMPANY                                                DOW                 ANNUAL MEETING DATE: 05/10/2007

ISSUER: 260543103                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                 ARNOLD A. ALLEMANG     Management       For      For
                                                JACQUELINE K. BARTON    Management       For      For
                                                    JAMES A. BELL       Management       For      For
                                                   JEFF M. FETTIG       Management       For      For
                                                 BARBARA H. FRANKLIN    Management       For      For
                                                    JOHN B. HESS        Management       For      For
                                                  ANDREW N. LIVERIS     Management       For      For
                                                 GEOFFERY E. MERSZEI    Management       For      For
                                                      WITHDRAWN         Management       For      For
                                                  JAMES M. RINGLER      Management       For      For
                                                    RUTH G. SHAW        Management       For      For
                                                    PAUL G. STERN       Management       For      For
   02    RATIFICATION OF THE APPOINTMENT OF THE INDEPENDENT             Management       For      For
         REGISTERED PUBLIC ACCOUNTING FIRM.
   03    AMENDMENT OF THE RESTATED CERTIFICATE OF INCORPORATION.        Management       For      For

   04    STOCKHOLDER PROPOSAL ON BHOPAL.                                Shareholder    Against    For

   05    STOCKHOLDER PROPOSAL ON GENETICALLY ENGINEERED                 Shareholder    Against    For
         SEED.
   06    STOCKHOLDER PROPOSAL ON ENVIRONMENTAL REMEDIATION              Shareholder    Against    For
         IN THE MIDLAND AREA.
   07    STOCKHOLDER PROPOSAL ON CHEMICALS WITH LINKS                   Shareholder    Against    For
         TO RESPIRATORY PROBLEMS.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 26 of 38



- ---------------------------------------------------------------------------------------------------------------------------
THE WESTERN UNION COMPANY                                               WU                  ANNUAL MEETING DATE: 05/10/2007

ISSUER: 959802109                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                  DINYAR S. DEVITRE     Management       For      For
                                                   BETSY D. HOLDEN      Management       For      For
                                                  CHRISTINA A. GOLD     Management       For      For
   02    APPROVAL OF THE WESTERN UNION COMPANY 2006 LONG-TERM           Management       For      For
         INCENTIVE PLAN
   03    APPROVAL OF THE WESTERN UNION COMPANY SENIOR                   Management       For      For
         EXECUTIVE ANNUAL INCENTIVE PLAN
   04    RATIFICATION OF SELECTION OF AUDITORS                          Management       For      For




- ---------------------------------------------------------------------------------------------------------------------------
COMMERCE BANCORP, INC.                                                  CBH                 ANNUAL MEETING DATE: 05/15/2007

ISSUER: 200519106                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                 VERNON W. HILL, II     Management       For      For
                                                   JACK R BERSHAD       Management       For      For
                                                 JOSEPH E. BUCKELEW     Management       For      For
                                                DONALD T. DIFRANCESCO   Management       For      For
                                                NICHOLAS A. GIORDANO    Management       For      For
                                                   MORTON N. KERR       Management       For      For
                                                   STEVEN M. LEWIS      Management       For      For
                                                    JOHN K. LLOYD       Management       For      For
                                              GEORGE E. NORCROSS, III   Management       For      For
                                                  DANIEL J. RAGONE      Management       For      For
                                              WILLIAM A. SCHWARTZ, JR   Management       For      For
                                              JOSEPH T. TARQUINI, JR.   Management       For      For
                                                JOSEPH S. VASSALLUZZO   Management       For      For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 27 of 38



- ---------------------------------------------------------------------------------------------------------------------------
JPMORGAN CHASE & CO.                                                    JPM                 ANNUAL MEETING DATE: 05/15/2007

ISSUER: 46625H100                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                  CRANDALL C. BOWLES    Management       For      For
                                                   STEPHEN B. BURKE     Management       For      For
                                                    JAMES S. CROWN      Management       For      For
                                                     JAMES DIMON        Management       For      For
                                                   ELLEN V. FUTTER      Management       For      For
                                                 WILLIAM H. GRAY, III   Management       For      For
                                                LABAN P. JACKSON, JR.   Management       For      For
                                                    ROBERT I. LIPP      Management       For      For
                                                    DAVID C. NOVAK      Management       For      For
                                                    LEE R. RAYMOND      Management       For      For
                                                  WILLIAM C. WELDON     Management       For      For
   02    APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC                   Management       For      For
         ACCOUNTING FIRM
   03    STOCK OPTIONS                                                  Shareholder    Against    For

   04    PERFORMANCE-BASED RESTRICTED STOCK                             Shareholder    Against    For

   05    EXECUTIVE COMPENSATION APPROVAL                                Shareholder    Against    For

   06    SEPARATE CHAIRMAN                                              Shareholder    Against    For

   07    CUMULATIVE VOTING                                              Shareholder    Against    For

   08    MAJORITY VOTING FOR DIRECTORS                                  Shareholder    Against    For

   09    POLITICAL CONTRIBUTIONS REPORT                                 Shareholder    Against    For

   10    SLAVERY APOLOGY REPORT                                         Shareholder    Against    For




- ---------------------------------------------------------------------------------------------------------------------------
AMERICAN INTERNATIONAL GROUP, INC.                                      AIG                 ANNUAL MEETING DATE: 05/16/2007

ISSUER: 026874107                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                  MARSHALL A. COHEN     Management       For      For
                                                 MARTIN S. FELDSTEIN    Management       For      For
                                                   ELLEN V. FUTTER      Management       For      For
                                                STEPHEN L. HAMMERMAN    Management       For      For
                                                RICHARD C. HOLBROOKE    Management       For      For
                                                 FRED H. LANGHAMMER     Management       For      For
                                                GEORGE L. MILES, JR.    Management       For      For
                                                   MORRIS W. OFFIT      Management       For      For
                                                  JAMES F. ORR III      Management       For      For
                                                 VIRGINIA M. ROMETTY    Management       For      For
                                                 MARTIN J. SULLIVAN     Management       For      For
                                                  MICHAEL H. SUTTON     Management       For      For
                                                   EDMUND S.W. TSE      Management       For      For
                                                ROBERT B. WILLUMSTAD    Management       For      For
                                                    FRANK G. ZARB       Management       For      For
   02    RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS        Management       For      For
         LLP AS AIG S INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM FOR 2007.
   03    ADOPTION OF THE AMERICAN INTERNATIONAL GROUP,                  Management       For      For
         INC. 2007 STOCK INCENTIVE PLAN.
   04    SHAREHOLDER PROPOSAL RELATING TO PERFORMANCE-BASED             Shareholder    Against    For
         STOCK OPTIONS.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 28 of 38



- ---------------------------------------------------------------------------------------------------------------------------
AMR CORPORATION                                                         AMR                 ANNUAL MEETING DATE: 05/16/2007

ISSUER: 001765106                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                   GERARD J. ARPEY      Management       For      For
                                                  JOHN W. BACHMANN      Management       For      For
                                                   DAVID L. BOREN       Management       For      For
                                                  ARMANDO M. CODINA     Management       For      For
                                                   EARL G. GRAVES       Management       For      For
                                                  ANN M. KOROLOGOS      Management       For      For
                                                  MICHAEL A. MILES      Management       For      For
                                                  PHILIP J. PURCELL     Management       For      For
                                                   RAY M. ROBINSON      Management       For      For
                                                    JUDITH RODIN        Management       For      For
                                                   MATTHEW K. ROSE      Management       For      For
                                                  ROGER T. STAUBACH     Management       For      For
   02    RATIFICATION OF THE SELECTION BY THE AUDIT COMMITTEE           Management       For      For
         OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS
         FOR THE YEAR 2007
   03    STOCKHOLDER PROPOSAL RELATING TO CUMULATIVE VOTING             Shareholder    Against    For
         FOR THE ELECTION OF DIRECTORS
   04    STOCKHOLDER PROPOSAL RELATING TO SPECIAL SHAREHOLDER           Shareholder    Against    For
         MEETINGS
   05    STOCKHOLDER PROPOSAL RELATING TO PERFORMANCE                   Shareholder    Against    For
         BASED STOCK OPTIONS
   06    STOCKHOLDER PROPOSAL RELATING TO ADVISORY RESOLUTION           Shareholder    Against    For
         TO RATIFY EXECUTIVE COMPENSATION




- ---------------------------------------------------------------------------------------------------------------------------
HALLIBURTON COMPANY                                                     HAL                 ANNUAL MEETING DATE: 05/16/2007

ISSUER: 406216101                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: K.M. BADER                               Management       For      For

   1B    ELECTION OF DIRECTOR: A.M. BENNETT                             Management       For      For

   1C    ELECTION OF DIRECTOR: J.R. BOYD                                Management       For      For

   1D    ELECTION OF DIRECTOR: M. CARROLL                               Management       For      For

   1E    ELECTION OF DIRECTOR: R.L. CRANDALL                            Management       For      For

   1F    ELECTION OF DIRECTOR: K.T DERR                                 Management       For      For

   1G    ELECTION OF DIRECTOR: S.M. GILLIS                              Management       For      For

   1H    ELECTION OF DIRECTOR: W.R. HOWELL                              Management       For      For

   1I    ELECTION OF DIRECTOR: D.J. LESAR                               Management       For      For

   1J    ELECTION OF DIRECTOR: J.L. MARTIN                              Management       For      For

   1K    ELECTION OF DIRECTOR: J.A. PRECOURT                            Management       For      For

   1L    ELECTION OF DIRECTOR: D.L. REED                                Management       For      For

   02    PROPOSAL FOR RATIFICATION OF THE SELECTION OF                  Management       For      For
         AUDITORS.

   03    PROPOSAL ON HUMAN RIGHTS REVIEW.                               Shareholder    Against    For

   04    PROPOSAL ON POLITICAL CONTRIBUTIONS.                           Shareholder    Against    For

   05    PROPOSAL ON STOCKHOLDER RIGHTS PLAN.                           Shareholder    Against    For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 29 of 38



- ---------------------------------------------------------------------------------------------------------------------------
INTEL CORPORATION                                                       INTC                ANNUAL MEETING DATE: 05/16/2007

ISSUER: 458140100                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: CRAIG R. BARRETT                         Management       For      For

   1B    ELECTION OF DIRECTOR: CHARLENE BARSHEFSKY                      Management       For      For

   1C    ELECTION OF DIRECTOR: SUSAN L. DECKER                          Management       For      For

   1D    ELECTION OF DIRECTOR: D. JAMES GUZY                            Management       For      For

   1E    ELECTION OF DIRECTOR: REED E. HUNDT                            Management       For      For

   1F    ELECTION OF DIRECTOR: PAUL S. OTELLINI                         Management       For      For

   1G    ELECTION OF DIRECTOR: JAMES D. PLUMMER                         Management       For      For

   1H    ELECTION OF DIRECTOR: DAVID S. POTTRUCK                        Management       For      For

   1I    ELECTION OF DIRECTOR: JANE E. SHAW                             Management       For      For

   1J    ELECTION OF DIRECTOR: JOHN L. THORNTON                         Management       For      For

   1K    ELECTION OF DIRECTOR: DAVID B. YOFFIE                          Management       For      For

   02    RATIFICATION OF SELECTION OF ERNST & YOUNG LLP                 Management       For      For
         AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM

   03    AMENDMENT AND EXTENSION OF THE 2006 EQUITY INCENTIVE           Management     Against    Against
         PLAN

   04    APPROVAL OF THE 2007 EXECUTIVE OFFICER INCENTIVE               Management       For      For
         PLAN

   05    STOCKHOLDER PROPOSAL REQUESTING LIMITATION ON                  Shareholder    Against    For
         EXECUTIVE COMPENSATION




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 30 of 38



- ---------------------------------------------------------------------------------------------------------------------------
THE HARTFORD FINANCIAL SVCS GROUP, I                                    HIG                 ANNUAL MEETING DATE: 05/16/2007

ISSUER: 416515104                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                     RAMANI AYER        Management       For      For
                                                  RAMON DE OLIVEIRA     Management       For      For
                                                    TREVOR FETTER       Management       For      For
                                                EDWARD J. KELLY, III    Management       For      For
                                                  PAUL G. KIRK, JR.     Management       For      For
                                                   THOMAS M. MARRA      Management       For      For
                                                  GAIL J. MCGOVERN      Management       For      For
                                                  MICHAEL G. MORRIS     Management       For      For
                                                 ROBERT W. SELANDER     Management       For      For
                                                 CHARLES B. STRAUSS     Management       For      For
                                                 H. PATRICK SWYGERT     Management       For      For
                                                  DAVID K. ZWIENER      Management       For      For
   02    RATIFICATION OF THE APPOINTMENT OF DELOITTE &                  Management       For      For
         TOUCHE LLP AS INDEPENDENT AUDITOR OF THE COMPANY
         FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007




- ---------------------------------------------------------------------------------------------------------------------------
BARR PHARMACEUTICALS, INC.                                              BRL                 ANNUAL MEETING DATE: 05/17/2007

ISSUER: 068306109                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                   BRUCE L. DOWNEY      Management       For      For
                                                   PAUL M. BISARO       Management       For      For
                                                  GEORGE P. STEPHAN     Management       For      For
                                                  HAROLD N. CHEFITZ     Management       For      For
                                                RICHARD R. FRANKOVIC    Management       For      For
                                                   PETER R. SEAVER      Management       For      For
                                                JAMES S. GILMORE, III   Management       For      For
   02    TO RATIFY THE AUDIT COMMITTEE S SELECTION OF                   Management       For      For
         THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM FOR THE YEAR ENDING DECEMBER 31, 2007.
   03    TO APPROVE THE BARR PHARMACEUTICALS, INC. 2007                 Management     Against    Against
         STOCK AND INCENTIVE AWARD PLAN.
   04    TO APPROVE THE BARR PHARMACEUTICALS, INC. 2007                 Management       For      For
         EXECUTIVE OFFICER INCENTIVE PLAN.




- ---------------------------------------------------------------------------------------------------------------------------
TIFFANY & CO.                                                           TIF                 ANNUAL MEETING DATE: 05/17/2007

ISSUER: 886547108                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: MICHAEL J. KOWALSKI                      Management       For      For
   1B    ELECTION OF DIRECTOR: ROSE MARIE BRAVO                         Management       For      For
   1C    ELECTION OF DIRECTOR: WILLIAM R. CHANEY                        Management       For      For
   1D    ELECTION OF DIRECTOR: GARY E. COSTLEY                          Management       For      For
   1E    ELECTION OF DIRECTOR: ABBY F. KOHNSTAMM                        Management       For      For
   1F    ELECTION OF DIRECTOR: CHARLES K. MARQUIS                       Management       For      For
   1G    ELECTION OF DIRECTOR: J. THOMAS PRESBY                         Management       For      For
   1H    ELECTION OF DIRECTOR: JAMES E. QUINN                           Management       For      For
   1I    ELECTION OF DIRECTOR: WILLIAM A. SHUTZER                       Management       For      For
   02    RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS        Management       For      For
         LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC
         ACCOUNTING FIRM FOR FISCAL YEAR 2007.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 31 of 38



- ---------------------------------------------------------------------------------------------------------------------------
FEDERATED DEPARTMENT STORES, INC.                                       FD                  ANNUAL MEETING DATE: 05/18/2007

ISSUER: 31410H101                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                    SARA LEVINSON       Management       For      For
                                                   JOSEPH NEUBAUER      Management       For      For
                                                   JOSEPH PICHLER       Management       For      For
                                                   JOYCE M. ROCHE       Management       For      For
                                                 KARL VON DER HEYDEN    Management       For      For
                                                 CRAIG E. WEATHERUP     Management       For      For
   02    TO RATIFY THE APPOINTMENT OF KPMG LLP AS FEDERATED             Management       For      For
         S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
         FOR THE FISCAL YEAR ENDING FEBRUARY 2, 2008.
   03    TO APPROVE AN AMENDMENT TO FEDERATED S CERTIFICATE             Management       For      For
         OF INCORPORATION TO CHANGE THE CORPORATE NAME.
   04    TO APPROVE FEDERATED S 1992 INCENTIVE BONUS PLAN,              Management       For      For
         AS AMENDED.
   05    TO APPROVE THE ISSUANCE OF COMMON STOCK UNDER                  Management     Against    Against
         THE DIRECTOR DEFERRED COMPENSATION PLAN.




- ---------------------------------------------------------------------------------------------------------------------------
TIME WARNER INC.                                                        TWX                 ANNUAL MEETING DATE: 05/18/2007

ISSUER: 887317105                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   02    RATIFICATION OF AUDITORS.                                      Management       For      For

   03    COMPANY PROPOSAL TO AMEND THE COMPANY S RESTATED               Management       For      For
         CERTIFICATE OF INCORPORATION TO ELIMINATE CERTAIN
         SUPER-MAJORITY VOTE REQUIREMENTS.
   04    STOCKHOLDER PROPOSAL REGARDING ADVISORY RESOLUTION             Shareholder    Against    For
         TO RATIFY COMPENSATION OF NAMED EXECUTIVE OFFICERS.
   05    STOCKHOLDER PROPOSAL REGARDING SEPARATION OF                   Shareholder    Against    For
         ROLES OF CHAIRMAN AND CEO.
   06    STOCKHOLDER PROPOSAL REGARDING SIMPLE MAJORITY                 Shareholder    Against    For
         VOTE.
   07    STOCKHOLDER PROPOSAL REGARDING SPECIAL SHAREHOLDER             Shareholder    Against    For
         MEETINGS.
   08    STOCKHOLDER PROPOSAL REGARDING STOCKHOLDER RATIFICATION        Shareholder    Against    For
         OF DIRECTOR COMPENSATION WHEN A STOCKHOLDER RIGHTS
         PLAN HAS BEEN ADOPTED.
   01    DIRECTOR                                                       Management       For

                                                 JAMES L. BARKSDALE     Management       For      For
                                                  JEFFREY L. BEWKES     Management       For      For
                                                STEPHEN F. BOLLENBACH   Management       For      For
                                                  FRANK J. CAUFIELD     Management       For      For
                                                   ROBERT C. CLARK      Management       For      For
                                                   MATHIAS DOPFNER      Management       For      For
                                                 JESSICA P. EINHORN     Management       For      For
                                                     REUBEN MARK        Management       For      For
                                                  MICHAEL A. MILES      Management       For      For
                                                  KENNETH J. NOVACK     Management       For      For
                                                 RICHARD D. PARSONS     Management       For      For
                                              FRANCIS T. VINCENT, JR.   Management       For      For
                                                  DEBORAH C. WRIGHT     Management       For      For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 32 of 38



- ---------------------------------------------------------------------------------------------------------------------------
EL PASO CORPORATION                                                     EP                  ANNUAL MEETING DATE: 05/24/2007

ISSUER: 28336L109                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECT DIRECTOR : JUAN CARLOS BRANIFF                           Management       For      For

   1B    ELECT DIRECTOR : JAMES L. DUNLAP                               Management       For      For

   1C    ELECT DIRECTOR : DOUGLAS L. FOSHEE                             Management       For      For

   1D    ELECT DIRECTOR : ROBERT W. GOLDMAN                             Management       For      For

   1E    ELECT DIRECTOR : ANTHONY W. HALL, JR.                          Management       For      For

   1F    ELECT DIRECTOR : THOMAS R. HIX                                 Management       For      For

   1G    ELECT DIRECTOR : WILLIAM H. JOYCE                              Management       For      For

   1H    ELECT DIRECTOR : RONALD L. KUEHN, JR.                          Management       For      For

   1I    ELECT DIRECTOR : FERRELL P. MCCLEAN                            Management       For      For

   1J    ELECT DIRECTOR : STEVEN J. SHAPIRO                             Management       For      For

   1K    ELECT DIRECTOR : J. MICHAEL TALBERT                            Management       For      For

   1L    ELECT DIRECTOR : ROBERT F. VAGT                                Management       For      For

   1M    ELECT DIRECTOR : JOHN L. WHITMIRE                              Management       For      For

   1N    ELECT DIRECTOR : JOE B. WYATT                                  Management       For      For

   02    RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG               Management       For      For
         LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM FOR FISCAL YEAR ENDING DECEMBER 31, 2007.
   03    APPROVAL OF THE STOCKHOLDER PROPOSAL SEEKING                   Shareholder    Against    For
         AN AMENDMENT TO THE BY-LAWS FOR SPECIAL SHAREHOLDER
         MEETINGS.
   04    APPROVAL OF THE STOCKHOLDER PROPOSAL SEEKING                   Shareholder    Against    For
         AN AMENDMENT TO THE BY-LAWS ON POLICY-ABANDONING
         DECISIONS.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 33 of 38




- ---------------------------------------------------------------------------------------------------------------------------
THE HOME DEPOT, INC.                                                    HD                  ANNUAL MEETING DATE: 05/24/2007

ISSUER: 437076102                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1D    ELECTION OF DIRECTOR: JOHN L. CLENDENIN                        Management       For      For

   1E    ELECTION OF DIRECTOR: CLAUDIO X. GONZALEZ                      Management       For      For

   1F    ELECTION OF DIRECTOR: MILLEDGE A. HART, III                    Management       For      For

   1G    ELECTION OF DIRECTOR: BONNIE G. HILL                           Management       For      For

   1H    ELECTION OF DIRECTOR: LABAN P. JACKSON, JR.                    Management       For      For

   1I    ELECTION OF DIRECTOR: HELEN JOHNSON-LEIPOLD                    Management       For      For

   1J    ELECTION OF DIRECTOR: LAWRENCE R. JOHNSTON                     Management       For      For

   1K    ELECTION OF DIRECTOR: KENNETH G. LANGONE                       Management       For      For

   02    TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE                   Management       For      For
         COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING
         FIRM FOR FISCAL YEAR ENDING FEBRUARY 3, 2008
   03    SHAREHOLDER PROPOSAL REGARDING POISON PILL IMPLEMENTATION      Shareholder      For      Against

   04    SHAREHOLDER PROPOSAL REGARDING EMPLOYMENT DIVERSITY            Shareholder    Against    For
         REPORT DISCLOSURE
   05    SHAREHOLDER PROPOSAL REGARDING EXECUTIVE OFFICER               Shareholder    Against    For
         COMPENSATION

   06    SHAREHOLDER PROPOSAL REGARDING MANAGEMENT BONUSES              Shareholder    Against    For

   07    SHAREHOLDER PROPOSAL REGARDING RETIREMENT BENEFITS             Shareholder    Against    For

   08    SHAREHOLDER PROPOSAL REGARDING EQUITY COMPENSATION             Shareholder    Against    For

   09    SHAREHOLDER PROPOSAL REGARDING PAY-FOR-SUPERIOR                Shareholder    Against    For
         PERFORMANCE

   10    SHAREHOLDER PROPOSAL REGARDING POLITICAL NONPARTISANSHIP       Shareholder    Against    For

   1A    ELECTION OF DIRECTOR: DAVID H. BATCHELDER                      Management       For      For

   1B    ELECTION OF DIRECTOR: FRANCIS S. BLAKE                         Management       For      For

   1C    ELECTION OF DIRECTOR: GREGORY D. BRENNEMAN                     Management       For      For

   11    SHAREHOLDER PROPOSAL REGARDING CHAIRMAN AND CEO                Shareholder    Against    For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 34 of 38



- ---------------------------------------------------------------------------------------------------------------------------
EXXON MOBIL CORPORATION                                                 XOM                 ANNUAL MEETING DATE: 05/30/2007

ISSUER: 30231G102                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                     M.J. BOSKIN        Management       For      For
                                                     W.W. GEORGE        Management       For      For
                                                    J.R. HOUGHTON       Management       For      For
                                                     W.R. HOWELL        Management       For      For
                                                      R.C. KING         Management       For      For
                                                   P.E. LIPPINCOTT      Management       For      For
                                                     M.C. NELSON        Management       For      For
                                                   S.J. PALMISANO       Management       For      For
                                                   S.S. REINEMUND       Management       For      For
                                                    W.V. SHIPLEY        Management       For      For
                                                     J.S. SIMON         Management       For      For
                                                   R.W. TILLERSON       Management       For      For
   02    RATIFICATION OF INDEPENDENT AUDITORS (PAGE 44)                 Management       For      For

   03    CUMULATIVE VOTING (PAGE 45)                                    Shareholder    Against    For

   04    SPECIAL SHAREHOLDER MEETINGS (PAGE 47)                         Shareholder    Against    For

   05    BOARD CHAIRMAN AND CEO (PAGE 47)                               Shareholder    Against    For

   06    DIVIDEND STRATEGY (PAGE 48)                                    Shareholder    Against    For

   07    SHAREHOLDER ADVISORY VOTE ON EXECUTIVE COMPENSATION            Shareholder    Against    For
         (PAGE 50)

   08    CEO COMPENSATION DECISIONS (PAGE 51)                           Shareholder    Against    For

   09    EXECUTIVE COMPENSATION REPORT (PAGE 52)                        Shareholder    Against    For

   10    EXECUTIVE COMPENSATION LIMIT (PAGE 53)                         Shareholder    Against    For

   11    INCENTIVE PAY RECOUPMENT (PAGE 54)                             Shareholder    Against    For

   12    POLITICAL CONTRIBUTIONS REPORT (PAGE 55)                       Shareholder    Against    For

   13    AMENDMENT OF EEO POLICY (PAGE 57)                              Shareholder    Against    For

   14    COMMUNITY ENVIRONMENTAL IMPACT (PAGE 58)                       Shareholder    Against    For

   15    GREENHOUSE GAS EMISSIONS GOALS  (PAGE 60)                      Shareholder    Against    For

   16    CO2 INFORMATION AT THE PUMP (PAGE 61)                          Shareholder    Against    For

   17    RENEWABLE ENERGY INVESTMENT LEVELS (PAGE 62)                   Shareholder    Against    For




- ---------------------------------------------------------------------------------------------------------------------------
WEATHERFORD INTERNATIONAL LTD.                                          WFT                 ANNUAL MEETING DATE: 05/30/2007

ISSUER: G95089101                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION AS DIRECTOR: NICHOLAS F. BRADY                        Management       For      For

   1B    ELECTION AS DIRECTOR: WILLIAM E. MACAULAY                      Management       For      For

   1C    ELECTION AS DIRECTOR: DAVID J. BUTTERS                         Management       For      For

   1D    ELECTION AS DIRECTOR: ROBERT B. MILLARD                        Management       For      For

   1E    ELECTION AS DIRECTOR: BERNARD J. DUROC-DANNER                  Management       For      For

   1F    ELECTION AS DIRECTOR: ROBERT K. MOSES, JR.                     Management       For      For

   1G    ELECTION AS DIRECTOR: SHELDON B. LUBAR                         Management       For      For

   1H    ELECTION AS DIRECTOR: ROBERT A. RAYNE                          Management       For      For

   02    APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT                Management       For      For
         AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2007,
         AND AUTHORIZATION OF THE AUDIT COMMITTEE OF THE
         BOARD OF DIRECTORS TO SET ERNST & YOUNG LLP S
         REMUNERATION.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 35 of 38



- ---------------------------------------------------------------------------------------------------------------------------
SANOFI-AVENTIS                                                          SNY                 ANNUAL MEETING DATE: 05/31/2007

ISSUER: 80105N105                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   O1    APPROVAL OF THE INDIVIDUAL COMPANY FINANCIAL                   Management       For      For
         STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2006
   O2    APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS              Management       For      For
         FOR THE YEAR ENDED DECEMBER 31, 2006
   O3    APPROPRIATION OF PROFITS; DECLARATION OF DIVIDEND              Management       For      For
   O4    APPROVAL OF TRANSACTIONS COVERED BY THE STATUTORY              Management       For      For
         AUDITORS SPECIAL REPORT PREPARED IN ACCORDANCE
         WITH ARTICLE L.225-40 OF THE COMMERCIAL CODE
   O5    REAPPOINTMENT OF A DIRECTOR                                    Management       For      For
   O6    AUTHORIZATION TO THE BOARD OF DIRECTORS TO CARRY               Management       For      For
         OUT TRANSACTIONS IN SHARES ISSUED BY THE COMPANY
   E7    DELEGATION TO THE BOARD OF DIRECTORS OF AUTHORITY              Management       For      For
         TO DECIDE TO CARRY OUT INCREASES IN THE SHARE
         CAPITAL BY ISSUANCE, WITH PREEMPTIVE RIGHTS MAINTAINED,
         OF SHARES AND/OR SECURITIES GIVING ACCESS TO
         THE COMPANY S CAPITAL AND/OR SECURITIES GIVING
         ENTITLEMENT TO THE ALLOTMENT OF DEBT SECURITIES
   E8    DELEGATION TO THE BOARD OF DIRECTORS OF AUTHORITY              Management       For      For
         TO DECIDE TO CARRY OUT INCREASES IN THE SHARE
         CAPITAL BY ISSUANCE, WITH PREEMPTIVE RIGHTS WAIVED,
         OF SHARES AND/OR SECURITIES GIVING ACCESS TO
         THE COMPANY S CAPITAL AND/OR SECURITIES GIVING
         ENTITLEMENT TO THE ALLOTMENT OF DEBT SECURITIES
   E9    DELEGATION TO THE BOARD OF DIRECTORS OF AUTHORITY              Management       For      For
         TO DECIDE TO CARRY OUT INCREASES IN THE SHARE
         CAPITAL BY INCORPORATION OF SHARE PREMIUM, RESERVES,
         PROFITS OR OTHER ITEMS
  E10    POSSIBILITY OF ISSUING WITHOUT PREEMPTIVE RIGHTS,              Management       For      For
         SHARES OR SECURITIES GIVING ACCESS TO THE COMPANY
         S CAPITAL OR TO SECURITIES GIVING ENTITLEMENT
         TO THE ALLOTMENT OF DEBT SECURITIES AS CONSIDERATION
         FOR ASSETS TRANSFERRED TO THE COMPANY AS A CAPITAL
         CONTRIBUTION IN KIND IN THE FORM OF SHARES OR
         SECURITIES GIVING ACCESS TO CAPITAL
  E11    DELEGATION TO THE BOARD OF DIRECTORS OF AUTHORITY              Management       For      For
         TO DECIDE TO CARRY OUT INCREASES IN THE SHARE
         CAPITAL BY ISSUANCE OF SHARES RESERVED FOR EMPLOYEES
         WITH WAIVER OF PREEMPTIVE RIGHTS IN THEIR FAVOR
  E12    AUTHORIZATION TO THE BOARD OF DIRECTORS TO GRANT               Management       For      For
         OPTIONS TO SUBSCRIBE FOR OR PURCHASE SHARES
  E13    AUTHORIZATION TO THE BOARD OF DIRECTORS TO ALLOT               Management       For      For
         EXISTING OR NEW CONSIDERATION FREE SHARES TO
         SALARIED EMPLOYEES OF THE GROUP AND CORPORATE
         OFFICERS OF THE COMPANY OR COMPANIES OF THE GROUP
  E14    AUTHORIZATION TO THE BOARD OF DIRECTORS TO REDUCE              Management       For      For
         THE SHARE CAPITAL BY CANCELLATION OF TREASURY
         SHARES
  E15    AUTHORIZATION TO THE BOARD OF DIRECTORS IN THE                 Management       For      For
         EVENT OF A PUBLIC TENDER OFFER FOR THE SHARES
         OF THE COMPANY, IN CASES WHERE THE LEGAL RECIPROCITY
         CLAUSE APPLIES
  E16    AMENDMENT TO THE BYLAWS TO BRING THEM INTO COMPLIANCE          Management       For      For
         WITH DECREE NO. 2006-1566 OF DECEMBER 11, 2006
         AMENDING DECREE NO. 67-236 OF MARCH 23, 1967
         ON COMMERCIAL COMPANIES: (AMENDMENTS TO ARTICLE
         19, PARAGRAPHS 1 AND 3 OF THE BYLAWS)
  E17    POWERS FOR FORMALITIES                                         Management       For      For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 36 of 38



- ---------------------------------------------------------------------------------------------------------------------------
NABORS INDUSTRIES LTD.                                                  NBR                 ANNUAL MEETING DATE: 06/05/2007

ISSUER: G6359F103                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                ALEXANDER M. KNASTER    Management       For      For
                                                   JAMES L. PAYNE       Management       For      For
                                                   HANS W. SCHMIDT      Management       For      For
   02    APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS                   Management       For      For
         INDEPENDENT AUDITORS AND TO AUTHORIZE THE AUDIT
         COMMITTEE OF THE BOARD OF DIRECTORS TO SET AUDITORS
          REMUNERATION.
   03    SHAREHOLDER PROPOSAL TO PERMIT SHAREHOLDERS TO                 Shareholder    Against    For
         VOTE ON AN ADVISORY RESOLUTION TO RATIFY THE
         COMPENSATION OF THE NAMED EXECUTIVE OFFICERS
         OF THE COMPANY.
   04    SHAREHOLDER PROPOSAL TO ADOPT A PAY FOR SUPERIOR               Shareholder    Against    For
         PERFORMANCE STANDARD IN THE COMPANY S EXECUTIVE
         COMPENSATION PLAN FOR SENIOR EXECUTIVES.




- ---------------------------------------------------------------------------------------------------------------------------
INGERSOLL-RAND COMPANY LIMITED                                          IR                  ANNUAL MEETING DATE: 06/06/2007

ISSUER: G4776G101                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   04    SHAREHOLDER PROPOSAL TO REQUIRE A SHAREHOLDER                  Shareholder    Against    For
         VOTE ON AN ADVISORY RESOLUTION WITH RESPECT TO
         EXECUTIVE COMPENSATION.
   03    APPOINTMENT OF INDEPENDENT AUDITORS AND AUTHORIZATION          Management       For      For
         OF BOARD OF DIRECTORS TO FIX THE AUDITORS  REMUNERATION.
   02    ADOPTION OF THE INCENTIVE STOCK PLAN OF 2007.                  Management     Against    Against
   01    DIRECTOR                                                       Management       For
                                                     G.D. FORSEE        Management       For      For
                                                     P.C. GODSOE        Management       For      For
                                                     C.J. HORNER        Management       For      For
                                                     T.E. MARTIN        Management       For      For
                                                    P. NACHTIGAL        Management       For      For
                                                     O.R. SMITH         Management       For      For
                                                     R.J. SWIFT         Management       For      For




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 37 of 38



- ---------------------------------------------------------------------------------------------------------------------------
GLOBALSANTAFE CORPORATION                                               GSF                 ANNUAL MEETING DATE: 06/07/2007

ISSUER: G3930E101                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                  EDWARD R. MULLER      Management       For      For
                                                  JOHN L. WHITMIRE      Management       For      For
   02    PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS   Management       For      For
         LLP AS THE COMPANY S INDEPENDENT AUDITOR FOR
         THE YEAR ENDING DECEMBER 31, 2007.




- ---------------------------------------------------------------------------------------------------------------------------
CHESAPEAKE ENERGY CORPORATION                                           CHK                 ANNUAL MEETING DATE: 06/08/2007

ISSUER: 165167107                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For
                                                    FRANK KEATING       Management       For      For
                                               MERRILL A. MILLER, JR.   Management       For      For
                                              FREDERICK B. WHITTEMORE   Management       For      For
   02    TO APPROVE AN AMENDMENT TO OUR LONG TERM INCENTIVE             Management       For      For
         PLAN.
   03    TO APPROVE AN AMENDMENT TO OUR 2003 STOCK AWARD                Management       For      For
         PLAN FOR NON-EMPLOYEE DIRECTORS.




- ---------------------------------------------------------------------------------------------------------------------------
YAHOO! INC.                                                             YHOO                ANNUAL MEETING DATE: 06/12/2007

ISSUER: 984332106                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   1A    ELECTION OF DIRECTOR: TERRY S. SEMEL                           Management       For      For

   1B    ELECTION OF DIRECTOR: JERRY YANG                               Management       For      For

   1C    ELECTION OF DIRECTOR: ROY J. BOSTOCK                           Management       For      For

   1D    ELECTION OF DIRECTOR: RONALD W. BURKLE                         Management       For      For

   1E    ELECTION OF DIRECTOR: ERIC HIPPEAU                             Management       For      For

   1F    ELECTION OF DIRECTOR: VYOMESH JOSHI                            Management       For      For

   1G    ELECTION OF DIRECTOR: ARTHUR H. KERN                           Management       For      For

   1H    ELECTION OF DIRECTOR: ROBERT A. KOTICK                         Management       For      For

   1I    ELECTION OF DIRECTOR: EDWARD R. KOZEL                          Management       For      For

   1J    ELECTION OF DIRECTOR: GARY L. WILSON                           Management       For      For

   02    AMENDMENTS TO THE COMPANY S AMENDED AND RESTATED               Management     Against    Against
         1995 STOCK PLAN.
   03    AMENDMENT TO THE COMPANY S AMENDED AND RESTATED                Management       For      For
         1996 EMPLOYEE STOCK PURCHASE PLAN.
   04    RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED          Management       For      For
         PUBLIC ACCOUNTING FIRM.
   05    STOCKHOLDER PROPOSAL REGARDING PAY-FOR-SUPERIOR-PERFORMANCE.   Shareholder    Against    For

   06    STOCKHOLDER PROPOSAL REGARDING INTERNET CENSORSHIP.            Shareholder    Against    For

   07    STOCKHOLDER PROPOSAL REGARDING BOARD COMMITTEE                 Shareholder    Against    For
         ON HUMAN RIGHTS.




ProxyEdge - Investment Company Report
Meeting Date Range: 07/01/2006 to 06/30/2007             Report Date: 06/22/2007
Selected Accounts: NPX GABELLI BLUE CHIP VALUE FD                  Page 38 of 38



- ---------------------------------------------------------------------------------------------------------------------------
THE AES CORPORATION                                                     AES                 ANNUAL MEETING DATE: 06/25/2007

ISSUER: 00130H105                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   02    RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS.           Management       For      For
   01    DIRECTOR                                                       Management       For
                                                   RICHARD DARMAN       Management       For      For
                                                    PAUL HANRAHAN       Management       For      For
                                                 KRISTINA M. JOHNSON    Management       For      For
                                                  JOHN A. KOSKINEN      Management       For      For
                                                    PHILIP LADER        Management       For      For
                                                  JOHN H. MCARTHUR      Management       For      For
                                                   SANDRA O. MOOSE      Management       For      For
                                                   PHILIP A. ODEEN      Management       For      For
                                                 CHARLES O. ROSSOTTI    Management       For      For
                                                   SVEN SANDSTROM       Management       For      For




- ---------------------------------------------------------------------------------------------------------------------------
BEST BUY CO., INC.                                                      BBY                 ANNUAL MEETING DATE: 06/27/2007

ISSUER: 086516101                             ISIN:

SEDOL:
- ---------------------------------------------------------------------------------------------------------------------------

VOTE GROUP: GLOBAL

Proposal                                                                Proposal         Vote     For or Against
 Number  Proposal                                                       Type             Cast     Management
- ---------------------------------------------------------------------------------------------------------------------------
                                                                                      
   01    DIRECTOR                                                       Management       For

                                                    RONALD JAMES*       Management       For      For
                                                  ELLIOT S. KAPLAN*     Management       For      For
                                                  MATTHEW H. PAULL*     Management       For      For
                                                   JAMES E. PRESS*      Management       For      For
                                                 RICHARD M. SCHULZE*    Management       For      For
                                                   MARY A. TOLAN*       Management       For      For
                                                  HATIM A. TYABJI*      Management       For      For
                                               ROGELIO M. REBOLLEDO**   Management       For      For
   02    RATIFICATION OF THE APPOINTMENT OF DELOITTE &                  Management       For      For
         TOUCHE LLP AS THE COMPANY S INDEPENDENT REGISTERED
         PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING
         MARCH 1, 2008.
   03    APPROVAL OF AN AMENDMENT TO THE BEST BUY CO.,                  Management     Against    Against
         INC. 2004 OMNIBUS STOCK AND INCENTIVE PLAN TO
         INCREASE THE NUMBER OF SHARES SUBJECT TO THE
         PLAN TO 38 MILLION SHARES.







                                   SIGNATURES

          Pursuant to the requirements of the Investment Company Act of 1940,
          the registrant has duly caused this report to be signed on its behalf
          by the undersigned, thereunto duly authorized.

          Registrant                   the Gabelli Blue Chip Value Fund
                    ------------------------------------------------------------

          By (Signature and Title)* /s/ Bruce N. Alpert
                                    --------------------------------------------
                                    Bruce N. Alpert, Principal Executive Officer

          Date    August 22, 2007
              ------------------------------------------------------------------

          *Print the name and title of each signing officer under his or her
signature.