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 811-4204 -------- PC&J Preservation Fund - ---------------------- (Exact name of registrant as specified in charter) 120 West Third Street, Suite 300 Dayton, OH - ----------------------------------------------- 45402-1819 - ---------- (Address of principal executive offices) (Zip Code) PC&J Service Corp. 120 West Third Street, Suite 300 Dayton, OH 45402-1819 - ------------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 937-223-0600 ------------- Date of fiscal year end: December 31 ------------ Date of reporting period: June 30, 2009 ------------- 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 ( 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. 3507. VANGUARD FEDERAL MONEY MARKET FD INV CL Control# 419770122628 2009 Special Meeting of Shareholders Thursday, July 2, 2009 For holders as of: 04/06/2009 Cusip: 922906-300 Ticker: VMFXX Below is a record of your voting instructions: You elected to vote as recommended by the Board of Directors. Proposal(s) Recommendations of the Board of Directors Your Vote 01 DIRECTOR 1) JOHN J. BRENNAN 2) CHARLES D. ELLIS 3) EMERSON U. FULLWOOD 4) RAJIV L. GUPTA 5) AMY GUTMANN 6) JOANN HEFFERNAN HEISEN 7) F. WILLIAM MCNABB III 8) ANDRE F. PEROLD 9) ALFRED M. RANKIN, JR. 10) PETER F. VOLANAKIS For For All Nominees 1) JOHN J. BRENNAN 2) CHARLES D. ELLIS 3) EMERSON U. FULLWOOD 4) RAJIV L. GUPTA 5) AMY GUTMANN 6) JOANN HEFFERNAN HEISEN 7) F. WILLIAM MCNABB III 8) ANDRE F. PEROLD 9) ALFRED M. RANKIN, JR. 10) PETER F. VOLANAKIS 2A TO APPROVE UPDATING AND STANDARDIZING THE FUND(S) FUNDAMENTAL POLICIES REGARDING: PURCHASING AND SELLING REAL ESTATE. For For 2B TO APPROVE UPDATING AND STANDARDIZING THE FUND(S) FUNDAMENTAL POLICIES REGARDING: ISSUING SENIOR SECURITIES. For For 2C TO APPROVE UPDATING AND STANDARDIZING THE FUND(S) FUNDAMENTAL POLICIES REGARDING: BORROWING MONEY. For For 2D TO APPROVE UPDATING AND STANDARDIZING THE FUND(S) FUNDAMENTAL POLICIES REGARDING: MAKING LOANS. For For 2E TO APPROVE UPDATING AND STANDARDIZING THE FUND(S) FUNDAMENTAL POLICIES REGARDING: PURCHASING AND SELLING COMMODITIES. For For 2F TO APPROVE UPDATING AND STANDARDIZING THE FUND(S) FUNDAMENTAL POLICIES REGARDING: CONCENTRATING INVESTMENTS IN A PARTICULAR INDUSTRY OR GROUP OF INDUSTRIES. For For 2G TO APPROVE UPDATING AND STANDARDIZING THE FUND(S) FUNDAMENTAL POLICIES REGARDING: ELIMINATION OF OUTDATED FUNDAMENTAL POLICIES NOT REQUIRED BY LAW. For For 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: PC&J Preservation Fund ---------------------- By: /s/________________________________________________________ James M. Johnson, President Date: July 20, 2009 ------------- By: /s/_________________________________________________________ Kathleen Carlson, Treasurer Date: July 20, 2009 -------------