UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number 811-5449 MANAGED SECTORS VARIABLE ACCOUNT (Exact name of registrant as specified in charter) 500 Boylston Street, Boston, Massachusetts 02116 (Address of principal executive offices) (Zip code) Susan S. Newton Massachusetts Financial Services Company 500 Boylston Street Boston, Massachusetts 02116 (Name and address of agents for service) Registrant's telephone number, including area code: (617) 954-5000 Date of fiscal year end: December 31 Date of reporting period: July 1, 2007 - June 30, 2008* * The Managed Sectors Variable Account terminated on July 18, 2005, however the trust remains active. ITEM 1. PROXY VOTING RECORD. ******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-05449 Reporting Period: 07/01/2007 - 06/30/2008 Managed Sectors Variable Account ======================= MANAGED SECTORS VARIABLE ACCOUNT ======================= NO VOTING RECORDS FOR THIS REPORTING PERIOD ========== END NPX REPORT 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: MANAGED SECTORS VARIABLE ACCOUNT By (Signature and Title) Robert J. Manning ---------------------------------------------- Robert J. Manning, Principal Executive Officer Date: August 26, 2008