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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act file number 811-00082
--------------------------------------------
CGM TRUST
- -------------------------------------------------------------------------------
(Exact name of registrant as specified in charter)
One International Place, Boston, MA 02110
- -------------------------------------------------------------------------------
(Address of principal executive offices) (Zip code)
Barry N. Hurwitz, Esq.
Bingham McCutchen LLP, 150 Federal St., Boston, MA 02110
- -------------------------------------------------------------------------------
(Name and address of agent for service)
Registrant's telephone number, including area code: 617-737-3225
---------------------------
Date of fiscal year end: 12/31
-----------------------
Date of reporting period: 7/1/05 -- 6/30/06
----------------------
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 (Sections
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, 450 Fifth Street,
NW, Washington, DC 20549-0609. The OMB has reviewed this collection of
information under the clearance requirements of 44 U.S.C. Section 3507.
PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS
SEC 2451 (4-03) THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
CGM Trust - File No. 811-82
CGM Mutual Fund
Proposed
By
Issuer For
or Was or
Meeting Matter Security Vote Actual Against
Issuer Ticker CUSIP Date Voted On Holder Cast? Vote Mgt.
------ ------ ----- ---- -------- ------ ----- ---- ----
Advanced Micro Devices, Inc. AMD 007903107 5/5/06 1. Elect seven directors: Issuer Yes For For
1. Hector De. J. Ruiz,
2. W. Michael Barnes,
3. Bruce L. Claflin
4. H. Paulett Eberhart,
5. Robert B. Palmer,
6. Leonard M. Silverman and
7. Morton L. Topper
2. Ratify the appointment Issuer Yes For For
of Ernst & Young LLP as the
firm's independent
registered public
accounting firm for the
current fiscal year
3. Approve Amendments to Issuer Yes Against Against
the 2004 Equity Incentive
Plan
4. Approve Amendment to the Issuer Yes Against Against
2000 Employee Stock
Purchase Plan
5. Approve the 2006 Issuer Yes For For
Executive Incentive Plan
Amerada Hess Corporation HES 023551104 5/3/06 1. Elect four directors: Issuer Yes For For
1. J.B. Hess,
2. C.G. Matthews,
3. R. Lavizzo-Mourey and
4. E.H. Von Metzsch
2. Ratify the selection of Issuer Yes For For
Ernst & Young LLP as
independent auditors for
fiscal year ending December
31, 2006
3. Proposal to change the Issuer Yes For For
name of the company to Hess
Corporation
4. Proposal to amend the Issuer Yes For For
company's Restated
Certificate of
Incorporation to increase
the number of authorized
shares of common stock to
600,000,000 shares
5. Proposal to approve the Issuer Yes For For
Performance Incentive Plan
for Senior Officers
AvalonBay Communities, Inc. AVB 053484101 5/17/06 1. Elect nine directors: Issuer Yes For For
1. Bryce Blair,
2. Bruce A. Choate,
3. John J. Healy, Jr.,
4. Gilbert M. Meyer,
5. Timothy J. Naughton,
6. Lance R. Primis,
7. H. Jay Sarles,
8. Allan D. Schuster and
9. Amy P. Williams
2. Ratify the selection of Issuer Yes For For
Ernst & Young LLP as the
company's independent
auditors for the year
ending December 31, 2006
Baker Hughes Incorporated BHI 057224107 4/27/06 1. Elect 11 directors: Issuer Yes For For
1. Larry D. Brady,
2. Clarence P. Cazalot, Jr.,
3. Chad C. Deaton,
4. Edward P. Djerejian,
5. Anthony G. Fernandes,
6. Claire W. Gargalli,
7. James A. Lash,
8. James F. McCall,
9. J. Larry Nichols,
10. H. John Riley, Jr. and
11. Charles L. Watson
2. Ratify Deloitte & Touche Issuer Yes For For
as the company's
independent auditor for
fiscal year 2006
3. Proposal to approve Issuer Yes For For
performance criteria for
awards under the Annual
Incentive Compensation Plan
4. Stockholder Proposal No. Security Yes Against For
1 regarding voting under Holder
the company's Delaware
charter
Companhia Vale Do Rio Doce RIO 204412209 3/31/06 1. Approve the terms, Issuer Yes For For
conditions and reasons for
the merger of all the
shares of the capital stock
of Caemi - Mineracao E
Metalurgia S.A. (Caemi)
into the assets of CVRD in
order to convert the former
into a wholly-owned
subsidiary of the company,
pursuant to article 252 of
the Brazilian Corporate Law
2. Ratify The appointment Issuer Yes For For
of the experts who prepared
the value appraisal of the
preferred shares issued by
Caemi to be merged into
CVRD assets
3. Decide on the appraisal Issuer Yes For For
report, prepared by the
experts
4. Approve the merger of Issuer Yes For For
all the shares issued by
Caemi into the assets of
CVRD
5. Approve CVRD capital Issuer Yes For For
increase within the
issuance of 64,151,361
preferred Class A shares,
to be paid-in with the
shares of Caemi to be
merged into the company's
assets, and the consequent
change of the "Caput" of
Article 5 of the CVRD's
by-laws
Fluor Corporation FLR 343412102 5/3/06 1. Elect three directors: Issuer Yes For For
1. Alan L. Boeckmann,
2. Vilma S. Martinez and
3. Dean R. O'Hare
2. Ratify the appointment Issuer Yes For For
of Ernst & Young LLP as
auditors for 2006
3. Shareholder proposal Security Yes Against For
relating to performance Holder
based stock options
Harman International
Industries, Incorporate HAR 413086109 11/2/05 1. Elect two directors: Issuer Yes For For
1. Sidney Harman and
2. Shirley M. Hufstedler
Host Marriott Corporation HMT 44107P104 4/5/06 1. Approve the issuance of Issuer Yes For For
$2.27 billion worth of HMT
common stock to Starwood
Hotels & Resorts in
connection with the
acquisition of 38 hotels
Newmont Mining Corporation NEM 651639106 4/25/06 1. Elect 14 directors: Issuer Yes For For
1. G. A. Barton,
2. V. A.Calarco,
3. N. Doyle,
4. V. M. Hagen,
5. M. S. Hamson,
6. L. I. Higdon, Jr.,
7. P. Lassonde,
8. R. J. Miller,
9. W. W. Murdy,
10. R. A. Plumbridge,
11. J. B. Prescott,
12. D. C. Roth,
13. S. Schulich and
14. J. V. Taranik
2. Ratify the appointment Issuer Yes For For
of PricewaterhouseCoopers
LLP as independent auditors
for 2006
3. Approve stockholder Security Yes Against For
proposal regarding Holder
independent board chairman
Occidental Petroleum
Corporation OXY 674599105 5/5/06 1. Elect 12 directors: Issuer Yes For For
1. Spencer Abraham,
2. Ronald W. Burkle,
3. John S. Chalsty,
4. Edward P. Djerejian,
5. R. Chad Dreier,
6. John E. Feick,
7. Ray R. Irani,
8. Irvin W. Maloney,
9. Rodolfo Segovia,
10. Aziz D. Syriani,
11. Rosemary Tomich and
12. Walter L. Weisman
2. Ratify the selection of Issuer Yes For For
KPMG as independent
auditors
3. Approve increase in Issuer Yes For For
Authorized Capital Stock
4. Approve stockholder Security Yes Against For
proposal regarding limit on Holder
executive compensation
5. Approve stockholder Security Yes Against For
proposal on scientific Holder
report on global
warming/cooling
6 Approve stockholder Security Yes Against For
proposal regarding election Holder
of directors by majority
vote
Petroleo Brasileiro S. A. PBR 71654V408 5/22/06 1. Approve the "Protocol Issuer Yes For For
and Justification of the
Incorporation of the Shares
of Petrobras Quimica S.A. -
Petroquisa by Petroleo
Brasileiro S. A. "
2. Ratify and appoint a Issuer Yes For For
specialized firm to
evaluate the shareholders
equity and book value of
Petrobras
3. Approve the valuation of Issuer Yes For For
the shareholders' equity
and book value report of
Petrobras
4. Approve the valuation of Issuer Yes For For
the shareholders equity
book value and net book
assets of Petroquisa
5. Ratify and appoint a Issuer Yes For For
specialized firm to
undertake an economic and
financial valuation of
Petrobras
6. Approve the economic and Issuer Yes For For
financial valuation of
Petrobras
7. Approve the Issuer Yes For For
incorporation of the total
number of Petroquisa shares
held by minority
shareholders into
Petrobras' equity
8. Approve the alterations Issuer Yes For For
to Petrobras' bylaws as
provided for in the
"Protocol and Justification
of the Incorporation of the
shares of Petrobras Quimica
S. A. - Petroquisa by
Petroleo Brasileiro S. A. -
Petrobras"
9. Authorize the executive Issuer Yes For For
board to practice all the
acts needed for the
execution of the above
actions
Phelps Dodge Corporation PD 717265102 5/26/06 1. Elect five directors: Issuer Yes For For
1. C. Krulak,
2. D. McCoy,
3. W. Post,
4. M. Richenhagen and
5. J. Thompson
2. Approve the Phelps Dodge Issuer Yes For For
Corporation Directors 2007
Stock Unit Plan
3. Ratify the appointment Issuer Yes For For
of PricerwaterhouseCoopers
LLP as independent
accountants for the year
2006
The Procter & Gamble Company PG 742718109 10/11/05 1. Elect five directors: Issuer Yes For For
1. Bruce L. Byrnes,
2. Scott D. Cook,
3. Charles R. Lee,
4. W. James McNerney,
Jr. and
5. Ernesto Zedillo
2. Ratify the appointment Issuer Yes For For
of Deloitte & Touche LLP as
the Company's independent
registered accounting firm
3. Approve amendment to Issuer Yes For For
amended Articles of
Incorporation and Code of
Regulations to eliminate
references to the Executive
Committee
4. Approve an amendment to Issuer Yes For For
the Code of Regulations to
provide for the annual
election of all directors
5. Approve Shareholder Security Yes Against For
Proposal regarding Holder
compliance with animal
testing
6. Approve Shareholder Security Yes Against For
Proposal regarding selling Holder
the Company
7. Approve Shareholder Security Yes Against For
Proposal regarding Holder
political contributions
Schlumberger Limited SLB 806857108 4/12/06 1. Elect 12 directors: Issuer Yes For For
1. J. Deutch,
2. J. S. Gorelick,
3. A. Gould,
4. T. Isaac,
5. A. LaJous,
6. A. Levy-Lang,
7. M. E. Marks,
8. D. Primat,
9. T. I. Sandvold,
10. N. Seydoux,
11. L. G. Stuntz and
12. R. Talwar
2. Adopt and approve Issuer Yes For For
financials and dividends
3. Adopt amendment to the Issuer Yes For For
Articles of Incorporation
4. Approve amendment and Issuer Yes Against Against
restatement of the
Schlumberger 2005 Stock
Option Plan
5. Approve appointment of Issuer Yes For For
PricewaterhouseCoopers LLP
as the independent
registered public
accounting firm to audit
the accounts of the company
for 2006
SL Green Realty Corp. SLG 78440X101 5/17/06 1. Elect two directors: Issuer Yes For For
John H. Alschuler, Jr. and
Stephen L. Green
2. Ratify the selection of Issuer Yes For For
Ernst & Young LLP as
independent auditors for
the fiscal year ending
December 31, 2006
Union Pacific Corporation UNP 907818108 5/4/06 1. Elect nine directors: Issuer Yes For For
1. R. K. Davidson,
2. E. B. Davis,
3. T. J. Donohue,
4. A. W. Dunham,
5. J. R. Hope,
6. C. C. Krulak,
7. M. W. McConnell,
8. S. R. Rogel and
9. J. R. Young
2. Appoint Deloitte & Issuer Yes For For
Touche as the independent
registered public
accounting firm
3. Shareholder proposal Security Yes Against For
regarding majority voting Holder
4. Shareholder proposal Security Yes Against For
regarding political Holder
contributions
5. Shareholder proposal Security Yes Against For
regarding an independent Holder
chairman
US Airways Group, Inc. LCC 90341W108 5/17/06 1. Elect three directors: Issuer Yes For For
1. Herbert M. Baum,
2. Richard C.Kraemer and
3. Cheryl G. Krongard
2. Ratify the appointment Issuer Yes For For
of KPMG LLP to serve as
independent registered
public accounting firm for
the fiscal year ending
December 31, 2006
CGM Trust - File No. 811-82
CGM Realty Fund
Proposed
By
Issuer For
or Was or
Meeting Matter Security Vote Actual Against
Issuer Ticker CUSIP Date Voted On Holder Cast? Vote Mgt.
------ ------ ----- ---- -------- ------ ----- ---- ----
Arch Coal, Inc. ACI 039380100 4/27/06 1. Elect five directors: Issuer Yes For For
1. Frank M. Burke,
2. John W. Eaves,
3. Patricia F. Godley,
4. Thomas A. Lockhart and
5. Wesley M. Taylor
2. Approve amendment to Issuer Yes For For
Certificate of
Incorporation to increase
authorized shares
Archstone-Smith Trust ASN 039583109 5/17/06 1. Elect ten directors: Issuer Yes For For
1. James A. Cardwell,
2. Ernest A. Gerardi, Jr.,
3. Ruth Ann M. Gillis,
4. Ned S. Holmes,
5. Robert P. Kogod,
6. James H. Polk, III,
7. John M. Richman,
8. John C. Schweitzer,
9. Scot Sellers and
10. Robert H. Smith
2. Ratify the appointment Issuer Yes For For
of KPMG LLP as auditors for
the current fiscal year
Ashford Hospitality Trust, Inc. AHT 044103109 5/2/06 1. Elect seven directors: Issuer Yes For For
1. Archie Bennett, Jr.,
2. Montgomery J. Bennett,
3. Martin L. Edelman,
4. W. D. Minami,
5. W. Michael Murphy ,
6. Phillip S. Payne and
7. Charles P. Toppino
2. Ratify the appointment Issuer Yes For For
of Ernst & Young LLP as the
firm's independent
registered public
accounting firm for the
fiscal year ending December
31, 2006
AvalonBay Communities, Inc. AVB 053484101 5/17/06 1. Elect nine directors: Issuer Yes For For
1. Bryce Blair,
2. Bruce A. Choate,
3. John J. Healy, Jr.,
4. Gilbert M. Meyer,
5. Timothy J. Naughton,
6. Lance R. Primis,
7. H. Jay Sarles,
8. Allan D. Schuster and
9. Amy P. Williams
2. Ratify the selection of Issuer Yes For For
Ernst & Young LLP as the
company's independent
auditors for the year
ending December 31, 2006
BRE Properties, Inc. BRE 05564E106 5/4/06 1. Elect nine directors: Issuer Yes For For
1, Robert A. Fiddaman,
2. Roger P. Kuppinger,
3. Irving F. Lyons, III,
4. Edward E. Mace,
5. Christopher J. McGurk,
6. Matthew T. Medeiros,
7. Constance B. Moore,
8. Jeanne R. Myerson and
9. Gregory M. Simon
2. Approve the Company's Issuer Yes For For
Third Amended and Restated
Non-Employee Director Stock
Option and Restricted Stock
Plan to increase the total
number of shares subject to
the plan from 2,300,000
shares to 2,650,000 shares.
3. Ratify the selection of Issuer Yes For For
Ernst & Young LLP as
independent auditors for
the year ending December
31, 2006
CB Richard Ellis Group, Inc. CBG 12497T101 6/1/06 1. Elect 11 directors: Issuer Yes For For
1. Richard C. Blum,
2. Jeffrey A. Cozad,
3. Patrice Marie Daniels,
4. Senator T. A. Daschle,
5. Bradford M. Freeman,
6. Michael Kantor,
7. Frederic V. Malex,
8. John G. Nugent,
9. Brett White,
10. Gary L. Wilson and
11. Ray Wirta
2. Ratify the appointment Issuer Yes For For
of Deloitte & Touche LLP as
the firm's independent
registered public
accounting firm
3. Approve the amended Issuer Yes For For
Executive Bonus Plan
DiamondRock Hospitality Company DRH 252784301 4/27/06 1. Elect 6 directors: Issuer Yes For For
1. William W. McCarten,
2. Daniel J. Altobello,
3. W. Robert Grafton,
4. Maureen L. McAvey,
5. Gilbert T. Ray and
6. John L. Williams
2. Ratify the selection of Issuer Yes For For
KPMG LLP as the independent
auditors for DiamndRock
Hospitality Company for the
year ending December 31,
2006
Essex Property Trust, Inc. ESS 297178105 5/9/06 1. Elect three directors: Issuer Yes For For
1. George M. Marcus,
2. Gary P. Martin and
3. William A. Millichap
2. Ratify the appointment Issuer Yes For For
of KPMG LLP as the
independent registered
public accounting firm for
the company for the year
ending December 31, 2006
FelCor Lodging Trust
Incorporated FCH 31430F101 5/16/06 1. Elect three directors: Issuer Yes For For
1. Richard S. Ellwood,
2. Robert A. Mathewson and
3. Richard A. Smith
2. Ratify the appointment Issuer Yes For For
of PricewaterhouseCoopers
LLP as Felcor's independent
registered public
accounting firm
Foundation Coal Holdings, Inc. FCL 35039W100 5/18/06 1. Elect eight directors: Issuer Yes For For
1. James F. Roberts,
2. David I. Foley,
3. Alex T. Krueger,
4. P. Michael Giftos,
5. Robert C. Scharp,
6. William J. Crowley, Jr.,
7. Joel Richards, III and
8. Thomas V. Schockley, III
2. Approve Ernst & Young Issuer Yes For For
LLP as Foundation's
independent public
accountants for fiscal year
ending December 31, 2006
3. Approve an amendment to Issuer Yes For For
Foundation's Amended and
Restated Certificate of
Incorporation
General Growth Properties, Inc. GGP 370021107 5/16/06 1. Elect four directors: Issuer Yes For For
1. Adam Metz,
2. Robert Michaels,
3. Thomas Nolan and
4. John Riordan
2. Approve an amendment to Issuer Yes For For
the 2003 Incentive Stock
Plan to provide for an
annual award of restricted
stock to non-employee
directors and to permit
issuance under the plan to
be effected electronically
3. Ratify the selection of Issuer Yes For For
Deloitte & Touche LLP as
the firm's independent
public accountants for the
year ending December 31,
2006
Home Properties, Inc. HME 437306103 5/4/06 1. Elect 12 directors: Issuer Yes For For
1. William Balderston, III,
2. Josh E. Fidler,
3. Alan L. Gosule,
4. Leonard F Helbig,III,
5. Roger W. Kober,
6. Norman P. Leenhouts,
7. Nelson B. Leenhouts,
8. Edward J. Pettinella,
9. Clifford W. Smith, Jr.,
10 Paul L. Smith,
11. Thomas S. Summer and
12. Amy L. Tait
2. Ratify the appointment Issuer Yes For For
of PricewaterhouseCoopers
LLP as independent
registered public
accounting firm for 2006
Host Hotels & Resorts, Inc. HST 44107P104 5/18/06 1. Elect seven directors: Issuer Yes For For
1. Robert M. Baylis,
2. Terence C. Golden,
3. Ann M. Korologos,
4. Richard E. Marriott,
5. Judith A. McHale,
6. John B. Morse, Jr. and
7. Christopher J. Nassetta
2. Ratify appointment of Issuer Yes For For
KPMG LLP as independent
auditors
3. Approve stockholder Security Yes For For
proposal to elect directors Holder
by a majority vote standard
Host Marriott Corporation HMT 44107P104 4/5/06 1. Approve the issuance of Issuer Yes For For
$2.27 billion worth of HMT
common stock to Starwood
Hotels & Resorts in
connection with the
acquisition of 38 hotels
Innkeepers USA Trust KPA 4576J0104 5/3/06 1. Elect three directors: Issuer Yes For For
1. Jeffrey H. Fisher,
2. Thomas J. Crocker and
3. Rolf E. Ruhfus
2. Approve 2006 Issuer Yes For For
Non-Employee Trustees'
Share Incentive Plan
3. Approve deletion of Issuer Yes For For
Article XII of the
company's Amended and
Restated Declaration of
Trust, which limits the
company's indebtedness to
50% of investment in hotel
properties, at cost
4. Ratify the appointment Issuer Yes For For
of PricewaterhouseCoopers
LLP as independent auditors
for the company for the
fiscal year ending December
31,2006
Jones Lang LaSalle Incorporated JLL 48020Q107 5/25/06 1. Elect 4 directors: Issuer Yes For For
1. Sir Derek Higgs,
2. Lauralee E. Martin,
3. Alain Monie and
4. Thomas C. Theobald
2. Ratify the appointment Issuer Yes For For
of KPMG LLP as independent
registered public
accounting firm for 2006
3. Approve an increase by Issuer Yes Against Against
500,000 of the number of
shares of common stock
reserved for issuance under
the Jones Lang LaSalle UK
Sharesave Plan
Kilroy Realty Corporation KRC 49427F108 5/18/06 1. Elect two directors: Issuer Yes For For
John B. Kilroy, Jr. and
Dale F. Kinsella
2. Approve 2006 Incentive Issuer Yes For For
Award Plan
LaSalle Hotel Properties LHO 517942108 4/20/06 1. Elect three directors: Issuer Yes For For
1. Darryl Hartley-Leonard,
2. Kelly L. Kuhn and
3. William S. McCalmont
2. Ratify the appointment Issuer Yes For For
of KPMG LLP as the
independent registered
public accountants of the
company for the year ending
December 31, 2006
The Macerich Company MAC 554382101 6/1/06 1. Elect three directors: Issuer Yes For For
1. Arthur M. Coppola,
2. James S. Cownie and
3. Mace Siegel
2. Ratify the appointment Issuer Yes For For
of Deloitte & Touche LLP as
the company's independent
accountants for the year
ending December 31, 2006
3. Approve stockholder Security Yes Against For
proposal regarding Holder
executive compensation
Maguire Properties, Inc. MPG 559775101 6/6/06 1. Elect six directors: Issuer Yes For For
1. Robert F Maguire III,
2. Lawrence S. Kaplan,
3. Caroline S.McBride,
4. Andrea L. Van De Kamp,
5. Walter L. Weisman and
6. Lewis N. Wolff
2. Ratify the selection of Issuer Yes For For
KPMG LLP as the company's
independent registered
public accounting firm for
the year ended December 31,
2006
Reckson Associates Realty Corp. RA 75621K106 5/25/06 1. Elect nine directors: Issuer Yes For For
1. Scott H. Rechler,
2. Michael Maturo,
3. Douglas Crocker II,
4. Elizabeth McCaul,
5. Ronald H. Menaker,
6. Peter Quick,
7. Lewis S. Ranieri,
8. John F. Ruffle and
9. Stanley Steinberg
2. Ratify the selection of Issuer Yes For For
Ernst & Young LLP as the
independent registered
public accounting firm of
the company for the fiscal
year ending December 31,
2006
Simon Property Group, Inc. SPG 828806109 5/11/06 1. Elect seven directors: Issuer Yes For For
1. Birch Bayh,
2. Melvyn E. Bergstein,
3. Linda Walker Bynoe,
4. Karen N. Horn,
5. Reuben S. Leibowitz,
6. J. Albert Smith, Jr., and
7. Pieter S. Van Den Berg
2. Approve proposed Issuer Yes For For
amendment to Stock
Incentive Plan
3. Ratify the appointment Issuer Yes For For
of Ernst & Young LLP as
independent registered
public accounting firm for
2006
4. Approve stockholder Security Yes Against For
proposal regarding majority Holder
vote to elect directors
SL Green Realty Corp. SLG 78440X101 5/17/06 1. Elect two directors: Issuer Yes For For
John H. Alschuler, Jr. and
Stephen L. Green
2. Ratify the selection of Issuer Yes For For
Ernst & Young LLP as
independent auditors for
the fiscal year ending
December 31, 2006
Strategic Hotels &
Resorts, Inc. BEE 86272T106 5/11/06 1. Elect eight directors: Issuer Yes For For
1. Robert P. Bowen,
2. Michael W. Brennan,
3. Edward C. Coppola,
4. John C. Deterding,
5. Richard L. Fisher,
6. Laurence S. Geller,
7. David M. C. Michels and
8. William A. Prezant
2. Ratify the appointment Issuer Yes For For
of Deloitte & touche LLP as
independent auditors for
the fiscal year ending
December 31, 2006
Sunstone Hotel Investors, Inc. SHO 867892101 5/2/06 1. Elect seven directors: Issuer Yes For For
1. Robert A. Alter,
2. Lewis N. Wolff,
3. Z. Jamie Behar,
4. Anthony W. Dona,
5. Thomas A. Lewis,
6. Keith M. Locker and
7. Keith P. Russell
2. Ratify the audit Issuer Yes For For
committee's appointment of
Ernst & Young LLP to act as
the independent registered
public accounting firm for
the fiscal year ending
December 31, 2006
Vornado Realty Trust VNO 929042109 5/18/06 1. Elect three directors: Issuer Yes For For
1. Steven Roth,
2. Michael D. Fascitelli and
3. Russell B. Wight, Jr.
2. Approve full allotment Security Yes Against For
of shares available under Holder
the 2002 Omnibus Share Plan
3. Ratify the selection of Issuer Yes For For
Deloitte & Touche as
independent auditors
CGM Trust - File No. 811-82
CGM Focus Fund
Proposed
By
Issuer For
or Was or
Meeting Matter Security Vote Actual Against
Issuer Ticker CUSIP Date Voted On Holder Cast? Vote Mgt.
------ ------ ----- ---- -------- ------ ----- ---- ----
Advanced Micro Devices, Inc. AMD 007903107 5/5/06 1. Elect seven directors: Issuer Yes For For
1. Hector De. J. Ruiz,
2. W. Michael Barnes,
3. Bruce L. Claflin
4. H. Paulett Eberhart,
5. Robert B. Palmer,
6. Leonard M. Silverman and
7. Morton L. Topper
2. Ratify the appointment Issuer Yes For For
of Ernst & Young LLP as the
firm's independent
registered public
accounting firm for the
current fiscal year
3. Approve Amendments to Issuer Yes Against Against
the 2004 Equity Incentive
Plan
4. Approve Amendment to the Issuer Yes Against Against
2000 Employee Stock
Purchase Plan
5. Approve the 2006 Issuer Yes For For
Executive Incentive Plan
Anadarko Petroleum Corporation APC 032511107 5/11/06 1. Elect 2 directors: Issuer Yes For For
Robert J. Allison, Jr. and
John W. Poduska, Sr.
2. Approve amendment to Issuer Yes For For
Restated Certificate of
Incorporation
3. Ratify the appointment Issuer Yes For For
of KPMG LLP as the
Company's independent
auditor for 2006
Autodesk, Inc. ADSK 052769106 11/10/05 1. Proposal to approve the Issuer Yes Against Against
adoption of the Autodesk
2006 Employee Stock Plan
and the reservation of
9,650,000 shares of
Autodesk common stock, plus
a number of additional
shares equal to that number
of shares cancelled on
expiration of the 1996
Stock Plan (not to exceed
4,340,000 shares), for
issuance thereunder
2. Proposal to approve Issuer Yes Against Against
amendments to Autodesk's
2000 Directors' O ption
Plan to increase the number
of shares reserved for
issuance thereunder by
750,000 shares, to provide
that all options granted
under the 2000 Director's
Option Plan will have a
maximum term of six years
Baker Hughes Incorporated BHI 057224107 4/27/06 1. Elect 11 directors: Issuer Yes For For
1. Larry D. Brady,
2. Clarence P. Cazalot, Jr.,
3. Chad C. Deaton,
4. Edward P. Djerejian,
5. Anthony G. Fernandes,
6. Claire W. Gargalli,
7. James A. Lash,
8. James F. McCall,
9. J. Larry Nichols,
10. H. John Riley, Jr. and
11. Charles L. Watson
2. Ratify Deloitte & Touche Issuer Yes For For
as the company's
independent auditor for
fiscal year 2006
3. Proposal to approve Issuer Yes For For
performance criteria for
awards under the Annual
Incentive Compensation Plan
4. Stockholder Proposal No. Security Yes Against For
1 regarding voting under Holder
the company's Delaware
charter
Canadian Natural Resources
Limited CNQ 136385101 5/4/06 1. Elect 11 directors: Issuer Yes For For
1. Catherine M. Best,
2. N. Murray Edwards,
3. Honourable Gary A. Filmon,
4. Ambassador Gordon D.
Giffin,
5. John G. Langille,
6. Keith A. J. MacPhail,
7. Allan P. Markin,
8. Norman F. McIntyre,
9. James S. Palmer,
10. Eldon R. Smith and
11. David A.Tuer
2. Appoint Issuer Yes For For
PricewaterhouseCoopers LLP,
chartered accountants,
Calgary, Alberta, as
auditors of the corporation
for the ensuing year and
authorize the Audit
Committee of the Board of
Directors of the
Corporation to fix their
remuneration
Embraer-Empresa Brasileira ERJ 29081M102 3/31/06 1. Appoint companies Issuer No
responsible for the
preparation of the
valuation reports of the
company and of Rio Han
2. Approve valuation Issuer No
reports prepared by
companies referred to in
Item 1
3. Approve protocol and Issuer No
justification of merger of
Embraer with and into Rio
Han
4. Approve merger of the Issuer No
company with and into Rio
Han
Halliburton Company HAL 406216101 5/17/06 1. Elect 11 directors: Issuer Yes For For
1. A. M. Bennett,
2. J. R. Boyd,
3. R. L Crandall,
4. K. T. Derr,
5. S. M. Gillis,
6. W. R. Howell,
7. R. L. Hunt,
8. D. J. Lesar,
9 .J. L. Martin,
10. J. A. Precourt and
11. D. L. Reed
2. Ratify the selection of Issuer Yes For For
KPMG LLP as independent
accountants to examine the
financial statements and
books and records of
Halliburton for 2006
3. Approve a proposal to Issuer Yes For For
amend Article FOURTH of the
Certificate on
Incorporation to increase
the authorized common stock
of Halliburton from
1,000,000,000 to
2,000,000,000 shares
4. Approve proposal to Issuer Yes For For
approve the Board of
Directors' policy on future
severance agreements for
executive officers of
Halliburton
5. Approve stockholder Security Yes Against For
proposal regarding human Holder
rights review
6. Approve stockholder Security Yes Against For
proposal regarding director Holder
election vote threshold
7. Approve stockholder Security Yes Against For
proposal on poison pill Holder
Mittal Steel Company N.V. MT 60684P101 5/9/06 2. Approve the mixed cash Issuer Yes For For
and exchange offer for the
issued and outstanding
share capital and equity
securities of Arcelor S.A.
pursuant to article 2:107a
Dutch Civil Code
3. Reduce the Company's Issuer Yes For For
current issued share
capital, such reduction
being conditional upon
closing of the Offer and
the exchange of newly
issued Class A shares for
certain Arcelor securities
pursuant thereto, and with
effect from the date of
amendment of the Company's
Articles of Association
referred to in agenda item
4, by reducing the nominal
value of each Class B share
from EUR 0.10 per share to
EUR 0.02 per share, without
repayment of the difference
of EUR 0.08 per share to
the holders of Class B sha
4. Amend the Company's Issuer Yes For For
Articles of Association.
Such amendment being
conditional upon completion
of the Offer, and to
authorise each member of
the Managing Board as well
as each lawyer and
paralegal practicing with
NautaDutilh N.V. to
implement the amendment of
the Company's Articles of
Association
5a. Extend the authority of Issuer Yes For For
the Managing Board for a
period of one year (until
the Annual Meeting to be
held in 2007) to issue
and/or grant rights to
subscribe to shares with
respect to such number of
Class A shares to be issued
pursuant to the Offer, such
issuance being conditional
upon closing the Offer
5b. Extend the authority of Issuer Yes For For
the Managing Board for a
period of one (1) year
(until the Annual Meeting
to be held in 2007) to
issue and/or grant rights
to subscribe to shares with
respect to ten percent of
the unissued Class A shares
in which the authorised
share capital is divided
into at the time the
resolution to issue and/or
grant rights to subscribe
for shares will be taken by
the Managing Board
7. Adopt the annual Issuer Yes For For
accounts for fiscal 2005
9. Continue to pay a Issuer Yes For For
quarterly dividend of US
$0.125 per share, subject
to final determination by
the Managing Board
10. Approve the management Issuer Yes For For
performed by the Directors
"A" of the Managing Board
during fiscal 2005,
including discharge of the
Directors "A" of the
Managing Board from
liability in respect of the
exercise of their duties
during fiscal 2005
11. Approve the management Issuer Yes For For
performed by the Directors
"C" of the Managing Board
during fiscal 2005,
including discharge of the
Directors "C" of the
Managing Board from
liability in respect of the
exercise of their duties
during fiscal 2005
12. Approve proposal by the Issuer Yes For For
holders of the class B
shares (in compliance with
Article 18.4 of the
Company's Articles of
Association) to re-appoint
Messrs. Andres Rozental,
Narayanan Vaghul, Muni
Krishna T. Reddy and Rene
Gerard Lopez, Lewis B.
Kaden and Wilbur Louis Ross
as Directors "C", all for a
one year term ending on the
date of the Annual Meeting
to be held in 2007
13. Designate Mrs. Usha Issuer Yes For For
Mittal as the person
referred to in Article 23
of the Company's Articles
of Association
14. Re-appoint Deloitte Issuer Yes For For
Accountants as the
registered accountants of
the Company
15. Designate the Managing Issuer Yes For For
Board as authorised
corporate body (organ) to
repurchase Class A shares
in the capital of the
Company until 8 November
2007
16. Amend the Company's Issuer Yes For For
Stock Option Plan to
increase the number of
shares of common stock
available for awards
granted under the plan to
20,000,000 Class A shares
17. Extend the authority of Issuer Yes For For
the Managing Board for
period of one year until
the Annual Meeting to be
held in 2007 to limit of
execute the pre-emptive
rights to Class A Shares in
the capital of the company
Mittal Steel Company N.V. MT 60684P101 6/30/06 2. Approve the mixed cash Issuer Yes For For
and exchange offer for the
issued and outstanding
share capital and equity
securities of Arcelor A. S.
3. Approve proposal to Issuer Yes For For
reduce the company's
current issued share
capital such reduction with
effect from the date of
amendment of the company's
Articles of Association
4. Approve proposal to Issuer Yes For For
amend the company's
Articles of Association and
to authorize each member of
the managing board as well
as each lawyer and
paralegal practicing with
Nautaduthilh N.V. to
implement the amendment of
the company's Articles of
Association
5. Approve proposal to Issuer Yes For For
extend the authority of the
managing board for a period
of one year to issue and/or
grant rights to subscribe
for shares with respect to
such number of class A
shares to be issued
pursuant to the officer,
such issuance being
conditional upon closing of
the offer.
6. Approve proposal by the Issuer Yes For For
managing board to appoint
Mr. Francois H. Pinault as
Director "C", for a one
year term ending on the
date of the annual general
meeting of shareholders to
be held in 2007
Nabors Industries Ltd. NBR G6359F103 3/30/06 1. Approve an amendment to Issuer Yes For For
the Amended and Restated
Bye-Laws to increase the
total number of shares of
common stock
Newmont Mining Corporation NEM 651639106 4/25/06 1. Elect 14 directors: Issuer Yes For For
1. G. A. Barton,
2. V. A.Calarco,
3. N. Doyle,
4. V. M. Hagen,
5. M. S. Hamson,
6. L. I. Higdon, Jr.,
7. P. Lassonde,
8. R. J. Miller,
9. W. W. Murdy,
10. R. A. Plumbridge,
11. J. B. Prescott,
12. D. C. Roth,
13. S. Schulich and
14. J. V. Taranik
2. Ratify the appointment Issuer Yes For For
of PricewaterhouseCoopers
LLP as independent auditors
for 2006
3. Approve stockholder Security Yes Against For
proposal regarding Holder
independent board chairman
Nucor Corporation NUE 670346105 5/11/06 1. Elect two directors: Issuer Yes For For
Clayton C. Daley and
Harvey B. Gantt
2. Ratify the appointment Issuer Yes For For
of PricewaterhouseCoopers
LLP as Nucor's independent
registered public
accounting firm for the
year ending December 31,
2006
3. Approve the amendment to Issuer Yes For For
Nucor's Restated
Certificate of
Incorporation increasing
its authorized common stock
from 400,000,000 shares to
800,000,000 shares
4. Approve stockholder Security Yes Against For
proposal regarding director Holder
election majority vote
standard
Occidental Petroleum Corporation OXY 674599105 5/5/06 1. Elect 12 directors: 1. Issuer Yes For For
1. Spencer Abraham,
2. Ronald W. Burkle,
3. John S. Chalsty,
4. Edward P. Djerejian,
5. R. Chad Dreier,
6. John E. Feick,
7. Ray R. Irani,
8. Irvin W. Maloney,
9. Rodolfo Segovia,
10. Aziz D. Syriani,
11. Rosemary Tomich and
12. Walter L. Weisman
2. Ratify the selection of Issuer Yes For For
KPMG as independent
auditors
3. Approve increase in Issuer Yes For For
Authorized Capital Stock
4. Approve stockholder Security Yes Against For
proposal regarding limit on Holder
executive compensation
5. Approve stockholder Security Yes Against For
proposal on scientific Holder
report on global
warming/cooling
6 Approve stockholder Security Yes Against For
proposal regarding election Holder
of directors by majority
vote
Open Joint Stock Co
Vimpel-Communication VIP 68370R109 4/24/06 1. Approve amendments to Issuer Yes For For
the Charter of Vimpelcom
Petro-Canada PCZ 71644E102 4/25/06 1. Elect 12 directors: Issuer Yes For For
1. Ron A. Brenneman,
2. Angus A. Bruneau,
3. Gail Cook-Bennett,
4. Richard J. Currie,
5. Claude Fontaine,
6. Paul Haseldonckx,
7. Thomas E. Kierans,
8. Brian F. MacNeill,
9. Maureen McCaw,
10. Paul D. Melnuk,
11. Guylaine Saucier and
12. James W. Simpson
2. Ratify the appointment Issuer Yes For For
of Deloitte & Touche LLP as
auditors of the company
Petroleo Brasileiro S. A. PBR 71654V408 5/22/06 1. Approve the "Protocol Issuer Yes For For
and Justification of the
Incorporation of the Shares
of Petrobras Quimica S.A. -
Petroquisa by Petroleo
Brasileiro S. A. "
2. Ratify and appoint a Issuer Yes For For
specialized firm to
evaluate the shareholders
equity and book value of
Petrobras
3. Approve the valuation of Issuer Yes For For
the shareholders' equity
and book value report of
Petrobras
4. Approve the valuation of Issuer Yes For For
the shareholders equity
book value and net book
assets of Petroquisa
5. Ratify and appoint a Issuer Yes For For
specialized firm to
undertake an economic and
financial valuation of
Petrobras
6. Approve the economic and Issuer Yes For For
financial valuation of
Petrobras
7. Approve the Issuer Yes For For
incorporation of the total
number of Petroquisa shares
held by minority
shareholders into
Petrobras' equity
8. Approve the alterations Issuer Yes For For
to Petrobras' bylaws as
provided for in the
"Protocol and Justification
of the Incorporation of the
shares of Petrobras Quimica
S. A. - Petroquisa by
Petroleo Brasileiro S. A. -
Petrobras"
9. Authorize the executive Issuer Yes For For
board to practice all the
acts needed for the
execution of the above
actions
Phelps Dodge Corporation PD 717265102 5/26/06 1. Elect five directors: Issuer Yes For For
1. C. Krulak,
2. D. McCoy,
3. W. Post,
4. M. Richenhagen and
5. J. Thompson
2. Approve the Phelps Dodge Issuer Yes For For
Corporation Directors 2007
Stock Unit Plan
3. Ratify the appointment Issuer Yes For For
of PricerwaterhouseCoopers
LLP as independent
accountants for the year
2006
Schlumberger Limited SLB 806857108 4/12/06 1. Elect 12 directors: Issuer Yes For For
1. J. Deutch,
2. J. S. Gorelick,
3. A. Gould,
4. T. Isaac,
5. A. LaJous,
6. A. Levy-Lang,
7. M. E. Marks,
8. D. Primat,
9. T. I. Sandvold,
10. N. Seydoux,
11. L. G. Stuntz and
12. R. Talwar
2. Adopt and approve Issuer Yes For For
financials and dividends
3. Adopt amendment to the Issuer Yes For For
Articles of Incorporation
4. Approve amendment and Issuer Yes Against Against
restatement of the
Schlumberger 2005 Stock
Option Plan
5. Approve appointment of Issuer Yes For For
PricewaterhouseCoopers LLP
as the independent
registered public
accounting firm to audit
the accounts of the company
for 2006
Southern Copper Corporation PCU 84265V105 4/27/06 1. Elect 13 directors: Issuer No
1. Emilio Carrillo Gamboa,
2. J. F. Collazo Gonzalez,
3. X.G. De Quevedo Topete,
4. Oscar Gonzalez Rocha,
5. J. E. Gonzalez Felix,
6. Harold S. Handelsman,
7. German L. Mota-Velasco,
8. Genaro L. Mota-Velasco,
9. Armando Ortega Gomez,
10. Juan Rebolledo Gout,
11. Luis M Palomino Bonilla,
12. Gilberto P. Cifuentes and
13. Carolos Ruiz Sacristan
2A. Approve amendments to Issuer No
the by-laws proposing to
eliminate certain
extraneous provision
relating to the retired
series of Class A common
stock
2B. Approve amendments to Issuer No
the by-laws proposing to
introduce a new provision
for advance notice to
shareholders seeking to
nominate directors or to
propose other business at
annual or special meetings
of the common stockholders
2C. Approve amendments to Issuer No
the by-laws proposing to
substitute Grupo Mexico for
Asarco Incorporated in the
"change in control"
definition in the by-laws
2D. Approve amendments to Issuer No
the by-laws proposing to
eliminate the 80%
supermajority vote
requirement for certain
corporate actions
3. Approve amendments to Issuer No
the Amended and Restated
Certificate of
Incorporation
4. Ratify the audit Issuer No
committee's selection of
PricewaterhouseCoopers S.C.
as independent accountants
for 2006
Station Casinos, Inc. STN 857689103 5/24/06 1. Elect two directors: Issuer Yes For For
Lowell H. Lebermann, Jr.
and
Robert E. Lewis
2. Ratify the appointment Issuer Yes For For
of Ernst & Young LLP as the
company's independent
auditors for 2006
3. Approve shareholder Security Yes Against For
proposal requesting the Holder
company redeem the
Company's Rights Agreement
Suncor Energy, Inc. SU 867229106 4/26/06 1. Elect 11 directors: Issuer Yes For For
1. Mel E. Benson,
2. Brian A. Canfield,
3. Bryan P. Davies,
4. Brian A. Felesky,
5. John T. Ferguson,
6. W. Douglas Ford,
7. Richard L. George,
8. John R. Huff,
9. M. Ann McCaig,
10. Michael W. O'Brien and
11. J. R. Shaw
2. Re-appoint Issuer Yes For For
PricewaterhouseCoopers LLP
as auditor of the
corporation for the ensuing
year
Tenaris, S.A. TS 88031M109 6/7/06 A1. Approve the Board of Issuer Yes For For
Directors' and Independent
Auditor's reports on the
Consolidated Financial
States
A2. Approve the Board of Issuer Yes For For
Directors' and Independent
Auditor's reports on the
Unconsolidated Annual
Accounts
A3. Allocate the results Issuer Yes For For
and approve the dividend
payment
A4. Discharge to the Issuer Yes For For
Members of the Board of
Directors
A5. Elect Board of Issuer Yes For For
Directors' members
A6. Authorize the Board of Issuer Yes For For
Directors to delegate the
day-to-day management of
the company's business and
the power to represent the
company as "Administrateur
Delegue" (Chief Executive
Officer) to Mr. Paolo Rocca
A7. Authorize the Board of Issuer Yes For For
Directors to appoint any or
all of its members as the
company's attorney-in-fact
A8. Authorize the Board of Issuer Yes For For
Directors to cause the
distribution of all
shareholder communications
A9. Approve Board of Issuer Yes For For
Directors' compensation
A10. Appoint Issuer Yes For For
PricewaterhouseCoopers as
independent auditors and
approve their fees
E1. Amend Article 11 of the Issuer Yes For For
Articles of Association
Union Pacific Corporation UNP 907818108 5/4/06 1. Elect nine directors: Issuer Yes For For
1. R. K. Davidson,
2. E. B. Davis,
3. T. J. Donohue,
4. A. W. Dunham,
5. J. R. Hope,
6. C. C. Krulak,
7. M. W. McConnell,
8. S. R. Rogel and
9. J. R. Young
2. Appoint Deloitte & Issuer Yes For For
Touche as the independent
registered public
accounting firm
3. Shareholder proposal Security Yes Against For
regarding majority voting Holder
4. Shareholder proposal Security Yes Against For
regarding political Holder
contributions
5. Shareholder proposal Security Yes Against For
regarding an independent Holder
chairman
SIGNATURES
[See General Instruction F]
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) CGM TRUST
------------------------------------------------------------------
By (Signature and Title)* Robert L. Kemp, President
-----------------------------------------------------
Date 8/28/06
--------------------------------------------------------------------------
* Print the name and title of each signing officer under his or her signature.