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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: 811-21502
RMR HOSPITALITY AND REAL ESTATE FUND
(Exact name of registrant as specified in charter)
400 CENTRE STREET
NEWTON, MASSACHUSETTS 02458
(Address of principal executive offices) (Zip code)
(NAME AND ADDRESS OF AGENT COPY TO:
FOR SERVICE OF PROCESS)
ROBERT N. HICKEY, ESQ.
Sullivan & Worcester LLP
THOMAS M. O'BRIEN, PRESIDENT 1666 K Street, NW
RMR Hospitality And Real Estate Fund Washington, DC 20006
400 Centre Street
Newton, Massachusetts 02458 KAREN JACOPPO-WOOD, ESQ.
State Street Bank and Trust Company
One Federal Street, 9th Floor
Boston, Massachusetts 02110
Registrant's telephone number, including area code: (617) 332-9530
Date of fiscal year end: December 31
Date of reporting period: June 30, 2004
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ITEM 1. PROXY VOTING RECORD
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ISSUER: COMMERCIAL NET LEASE REALTY, INC.
TICKER: NNN CUSIP NO.: 202218103
SHAREHOLDER MEETING DATE: 8/5/2004 MEETING TYPE: ANNUAL
RECORD DATE: 6/2/2004
MANAGEMENT VOTE
# PROPOSAL RECOMMENDATION: CAST: PROPOSED BY:
1.1 Elect Director R. Bourne For For Management
1.2 Elect Director K. Habicht For For Management
1.3 Elect Director C. Hinkle For For Management
1.4 Elect Director R. Jennings For For Management
1.5 Elect Director T. Lanier For For Management
1.6 Elect Director R. Legler For For Management
1.7 Elect Director C. MacNab For For Management
1.8 Elect Director R. Martinez For For Management
1.9 Elect Director J. Seneff For For Management
2 Eliminate supermajority voting requirements for For For Management
for stockholders to approve certain transactions.
3 Increase number of authorized shares of For For Management
common stock.
4 Conform the definition of independent director For For Management
to corporate governance rules.
5 Modify procedure for filling vacancies on the For For Management
board of directors.
6 Modify requirements for shareholder approval For For Management
in accordance with "Best Practices" in corporate
governance.
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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.
RMR HOSPITALITY AND REAL ESTATE FUND
/s/ THOMAS M. O'BRIEN /s/ MARK L. KLEIFGES
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THOMAS M. O'BRIEN MARK L. KLEIFGES
PRESIDENT TREASURER
Date: August 23, 2004