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OMB APPROVAL
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OMB Number: 3235-0582
Expires: April 30, 2009
Estimated average burden
hours per response 14.4
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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 811-21701
------------------------
The Destination Funds
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in charter)
2001 North Main Street, Suite 270 Walnut Creek, California 94596
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(Address of principal executive offices) (Zip code)
Wade R. Bridge
Ultimus Fund Solutions, LLC 225 Pictoria Drive, Suite 450 Cincinnati, Ohio 45246
- --------------------------------------------------------------------------------
(Name and address of agent for service)
Registrant's telephone number, including area code: 513-587-3406
--------------
Date of fiscal year end: August 31
------------------------------------
Date of reporting period: July 1, 2007 - June 30, 2008
------------------------------------
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, 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. ss. 3507.
ITEM 1. PROXY VOTING RECORD.
Disclose the following information for each matter relating to a portfolio
security considered at any shareholder meeting held during the period covered by
the report and with respect to which the registrant was entitled to vote:
(a) The name of the issuer of the portfolio security;
(b) The exchange ticker symbol of the portfolio security;
(c) The Council on Uniform Securities Identification Procedures ("CUSIP")
number for the portfolio security;
(d) The shareholder meeting date;
(e) A brief identification of the matter voted on;
(f) Whether the matter was proposed by the issuer or by a security holder;
(g) Whether the registrant cast its vote on the matter;
(h) How the registrant cast its vote (e.g., for or against proposal, or
abstain; for or withhold regarding election of directors); and
(i) Whether the registrant cast its vote for or against management.
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) The Destination Funds
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By (Signature and Title)* /s/ Michael A. Yoshikami
-------------------------------------------------------
Michael A. Yoshikami, President
Date August 1, 2008
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* Print the name and title of each signing officer under his or her signature.
EXHIBIT A
---------
DESTINATION SELECT EQUITY FUND
- ------------------------------
MEETING DATE RANGE: 01-JUL-2007 TO 30-JUN-2008
ALL ACCOUNTS
- ------------------------------------------------------------------------------------------------------------------------------
U.S. BANCORP
- ------------------------------------------------------------------------------------------------------------------------------
SECURITY: 902973304 MEETING TYPE: Annual
TICKER: USB MEETING DATE: 15-Apr-2008
ISIN US9029733048 VOTE DEADLINE DATE: 14-Apr-2008
AGENDA 932820310 Management TOTAL BALLOT SHARES: 960
LAST VOTE DATE: 24-Mar-2008
VOTE CAST BY FUND
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MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
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1 ELECTION OF DIRECTOR TO SERVE UNTIL THE For X
ANNUAL MEETING IN 2009: DOUGLAS M. BAKER, JR.
2 ELECTION OF DIRECTOR TO SERVE UNTIL THE For X
ANNUAL MEETING IN 2009: JOEL W. JOHNSON
3 ELECTION OF DIRECTOR TO SERVE UNTIL THE For X
ANNUAL MEETING IN 2009: DAVID B. O'MALEY
4 ELECTION OF DIRECTOR TO SERVE UNTIL THE For X
ANNUAL MEETING IN 2009: O'DELL M. OWENS, M.D.,
M.P.H.
5 ELECTION OF DIRECTOR TO SERVE UNTIL THE For X
ANNUAL MEETING IN 2009: CRAIG D. SCHNUCK
6 RATIFY SELECTION OF ERNST & YOUNG LLP AS For X
INDEPENDENT AUDITOR FOR THE 2008 FISCAL YEAR.
7 SHAREHOLDER PROPOSAL: ANNUAL RATIFICATION Against X
OF EXECUTIVE OFFICER COMPENSATION.
8 SHAREHOLDER PROPOSAL: SEPARATE THE ROLES Against X
OF CHAIRMAN AND CHIEF EXECUTIVE OFFICER.
- ------------------------------------------------------------------------------------------------------------------------------
THE COCA-COLA COMPANY
- ------------------------------------------------------------------------------------------------------------------------------
SECURITY: 191216100 MEETING TYPE: Annual
TICKER: KO MEETING DATE: 16-Apr-2008
ISIN US1912161007 VOTE DEADLINE DATE: 15-Apr-2008
AGENDA 932820067 Management TOTAL BALLOT SHARES: 320
LAST VOTE DATE: 27-Mar-2008
VOTE CAST BY FUND
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MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 ELECTION OF DIRECTOR: HERBERT A. ALLEN For X
2 ELECTION OF DIRECTOR: RONALD W. ALLEN For X
3 ELECTION OF DIRECTOR: CATHLEEN P. BLACK For X
4 ELECTION OF DIRECTOR: BARRY DILLER For X
5 ELECTION OF DIRECTOR: ALEXIS M. HERMAN For X
6 ELECTION OF DIRECTOR: E. NEVILLE ISDELL For X
7 ELECTION OF DIRECTOR: MUHTAR KENT For X
8 ELECTION OF DIRECTOR: DONALD R. KEOUGH For X
9 ELECTION OF DIRECTOR: DONALD F. MCHENRY For X
10 ELECTION OF DIRECTOR: SAM NUNN For X
11 ELECTION OF DIRECTOR: JAMES D. ROBINSON III For X
12 ELECTION OF DIRECTOR: PETER V. UEBERROTH For X
13 ELECTION OF DIRECTOR: JACOB WALLENBERG For X
14 ELECTION OF DIRECTOR: JAMES B. WILLIAMS For X
15 RATIFICATION OF THE APPOINTMENT OF ERNST & For X
YOUNG LLP AS INDEPENDENT AUDITORS
16 APPROVAL OF THE COCA-COLA COMPANY 2008 For X
STOCK OPTION PLAN
17 SHAREOWNER PROPOSAL REGARDING AN ADVISORY Against X
VOTE ON EXECUTIVE COMPENSATION
18 SHAREOWNER PROPOSAL REGARDING AN Against X
INDEPENDENT BOARD CHAIR
19 SHAREOWNER PROPOSAL REGARDING A BOARD Against X
COMMITTEE ON HUMAN RIGHTS
- ------------------------------------------------------------------------------------------------------------------------------
MOODY'S CORPORATION
- ------------------------------------------------------------------------------------------------------------------------------
SECURITY: 615369105 MEETING TYPE: Annual
TICKER: MCO MEETING DATE: 22-Apr-2008
ISIN US6153691059 VOTE DEADLINE DATE: 21-Apr-2008
AGENDA 932832365 Management TOTAL BALLOT SHARES: 100
LAST VOTE DATE: 01-Apr-2008
VOTE CAST BY FUND
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MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 ELECTION OF DIRECTOR: ROBERT R. GLAUBER For X
2 ELECTION OF DIRECTOR: CONNIE MACK For X
3 ELECTION OF DIRECTOR: NANCY S. NEWCOMB For X
4 RATIFICATION OF THE APPOINTMENT OF For X
INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR 2008.
5 STOCKHOLDER PROPOSAL TO ADOPT SIMPLE Against X
MAJORITY VOTE REQUIREMENTS IN THE COMPANY'S
CHARTER AND BY-LAWS.
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GENERAL ELECTRIC COMPANY
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SECURITY: 369604103 MEETING TYPE: Annual
TICKER: GE MEETING DATE: 23-Apr-2008
ISIN US3696041033 VOTE DEADLINE DATE: 22-Apr-2008
AGENDA 932823481 Management TOTAL BALLOT SHARES: 1135
LAST VOTE DATE: 10-Apr-2008
VOTE CAST BY FUND
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MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
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1 ELECTION OF DIRECTOR: JAMES I. CASH, JR. For X
2 ELECTION OF DIRECTOR: SIR WILLIAM M. CASTELL For X
3 ELECTION OF DIRECTOR: ANN M. FUDGE For X
4 ELECTION OF DIRECTOR: CLAUDIO X. GONZALEZ For X
5 ELECTION OF DIRECTOR: SUSAN HOCKFIELD For X
6 ELECTION OF DIRECTOR: JEFFREY R. IMMELT For X
7 ELECTION OF DIRECTOR: ANDREA JUNG For X
8 ELECTION OF DIRECTOR: ALAN G. (A.G.) LAFLEY For X
9 ELECTION OF DIRECTOR: ROBERT W. LANE For X
10 ELECTION OF DIRECTOR: RALPH S. LARSEN For X
11 ELECTION OF DIRECTOR: ROCHELLE B. LAZARUS For X
12 ELECTION OF DIRECTOR: JAMES J. MULVA For X
13 ELECTION OF DIRECTOR: SAM NUNN For X
14 ELECTION OF DIRECTOR: ROGER S. PENSKE For X
15 ELECTION OF DIRECTOR: ROBERT J. SWIERINGA For X
16 ELECTION OF DIRECTOR: DOUGLAS A. WARNER III For X
17 RATIFICATION OF KPMG For X
18 *SH - CUMULATIVE VOTING Against X
19 *SH - SEPARATE THE ROLES OF CEO AND CHAIRMAN Against X
20 *SH - RECOUP UNEARNED MANAGEMENT BONUSES Against X
21 *SH - CURB OVER-EXTENDED DIRECTORS Against X
22 *SH - REPORT ON CHARITABLE CONTRIBUTIONS Against X
23 *SH - GLOBAL WARMING REPORT Against X
24 *SH - ADVISORY VOTE ON EXECUTIVE COMPENSATION Against X
*SH = SHAREHOLDER PROPOSAL
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STRYKER CORPORATION
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SECURITY: 863667101 MEETING TYPE: Annual
TICKER: SYK MEETING DATE: 23-Apr-2008
ISIN US8636671013 VOTE DEADLINE DATE: 22-Apr-2008
AGENDA 932823998 Management TOTAL BALLOT SHARES: 375
LAST VOTE DATE: 31-Mar-2008
VOTE CAST BY FUND
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MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 DIRECTOR For
1 JOHN W. BROWN X
2 HOWARD E. COX, JR. X
3 DONALD M. ENGELMAN X
4 JEROME H. GROSSMAN X
5 LOUISE L. FRANCESCONI X
6 STEPHEN P. MACMILLAN X
7 WILLIAM U. PARFET X
8 RONDA E. STRYKER X
2 RATIFICATION OF THE APPOINTMENT OF ERNST & For X
YOUNG LLP AS OUR INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM FOR 2008.
3 APPROVAL OF THE 2008 EMPLOYEE STOCK For X
PURCHASE PLAN.
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JOHNSON & JOHNSON
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SECURITY: 478160104 MEETING TYPE: Annual
TICKER: JNJ MEETING DATE: 24-Apr-2008
ISIN US4781601046 VOTE DEADLINE DATE: 23-Apr-2008
AGENDA 932823962 Management TOTAL BALLOT SHARES: 700
LAST VOTE DATE: 10-Apr-2008
VOTE CAST BY FUND
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MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 DIRECTOR For
1 MARY SUE COLEMAN X
2 JAMES G. CULLEN X
3 MICHAEL M.E. JOHNS X
4 ARNOLD G. LANGBO X
5 SUSAN L. LINDQUIST X
6 LEO F. MULLIN X
7 WILLIAM D. PEREZ X
8 CHRISTINE A. POON X
9 CHARLES PRINCE X
10 STEVEN S REINEMUND X
11 DAVID SATCHER X
12 WILLIAM C. WELDON X
2 RATIFICATION OF APPOINTMENT OF For X
PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
REGISTERED PUBLIC ACCOUNTING FIRM
3 SHAREHOLDER PROPOSAL: ADVISORY VOTE ON Against X
EXECUTIVE COMPENSATION POLICIES AND
DISCLOSURE
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PFIZER INC.
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SECURITY: 717081103 MEETING TYPE: Annual
TICKER: PFE MEETING DATE: 24-Apr-2008
ISIN US7170811035 VOTE DEADLINE DATE: 23-Apr-2008
AGENDA 932829940 Management TOTAL BALLOT SHARES: 1350
LAST VOTE DATE: 10-Apr-2008
VOTE CAST BY FUND
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MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 ELECTION OF DIRECTOR: DENNIS A. AUSIELLO For X
2 ELECTION OF DIRECTOR: MICHAEL S. BROWN For X
3 ELECTION OF DIRECTOR: M. ANTHONY BURNS For X
4 ELECTION OF DIRECTOR: ROBERT N. BURT For X
5 ELECTION OF DIRECTOR: W. DON CORNWELL For X
6 ELECTION OF DIRECTOR: WILLIAM H. GRAY, III For X
7 ELECTION OF DIRECTOR: CONSTANCE J. HORNER For X
8 ELECTION OF DIRECTOR: WILLIAM R. HOWELL For X
9 ELECTION OF DIRECTOR: JAMES M. KILTS For X
10 ELECTION OF DIRECTOR: JEFFREY B. KINDLER For X
11 ELECTION OF DIRECTOR: GEORGE A. LORCH For X
12 ELECTION OF DIRECTOR: DANA G. MEAD For X
13 ELECTION OF DIRECTOR: SUZANNE NORA JOHNSON For X
14 ELECTION OF DIRECTOR: WILLIAM C. STEERE, JR. For X
15 PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP For X
AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR 2008.
16 SHAREHOLDER PROPOSAL REGARDING STOCK Against X
OPTIONS.
17 SHAREHOLDER PROPOSAL REQUESTING Against X
SEPARATION OF CHAIRMAN AND CEO ROLES.
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GRACO INC.
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SECURITY: 384109104 MEETING TYPE: Annual
TICKER: GGG MEETING DATE: 25-Apr-2008
ISIN US3841091040 VOTE DEADLINE DATE: 24-Apr-2008
AGENDA 932824774 Management TOTAL BALLOT SHARES: 875
LAST VOTE DATE: 26-Mar-2008
VOTE CAST BY FUND
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MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 DIRECTOR For
1 PATRICK J. MCHALE X
2 LEE R. MITAU X
3 MARTI MORFITT X
2 RATIFICATION OF APPOINTMENT OF DELOITTE & For X
TOUCHE LLP AS THE INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM.
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THE MCGRAW-HILL COMPANIES, INC.
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SECURITY: 580645109 MEETING TYPE: Annual
TICKER: MHP MEETING DATE: 30-Apr-2008
ISIN US5806451093 VOTE DEADLINE DATE: 29-Apr-2008
AGENDA 932833797 Management TOTAL BALLOT SHARES: 100
LAST VOTE DATE: 14-Apr-2008
VOTE CAST BY FUND
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MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 DIRECTOR For
1 SIR WINFRIED BISCHOFF* X
2 DOUGLAS N. DAFT* X
3 LINDA KOCH LORIMER* X
4 HAROLD MCGRAW III* X
5 SIR MICHAEL RAKE** X
2 RATIFICATION OF THE APPOINTMENT OF For X
INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR 2008.
3 SHAREHOLDER PROPOSAL REQUESTING THE Against X
ANNUAL ELECTION OF EACH DIRECTOR.
4 SHAREHOLDER PROPOSAL REQUESTING ADOPTION Against X
OF A SIMPLE MAJORITY VOTE.
- ------------------------------------------------------------------------------------------------------------------------------
BAXTER INTERNATIONAL INC.
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SECURITY: 071813109 MEETING TYPE: Annual
TICKER: BAX MEETING DATE: 06-May-2008
ISIN US0718131099 VOTE DEADLINE DATE: 05-May-2008
AGENDA 932831084 Management TOTAL BALLOT SHARES: 390
LAST VOTE DATE: 18-Apr-2008
VOTE CAST BY FUND
- ------------------------------------------------------------------------------------------------------------------------------
MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 ELECTION OF DIRECTOR: WAYNE T. HOCKMEYER, For X
PH.D.
2 ELECTION OF DIRECTOR: JOSEPH B. MARTIN, M.D., For X
PH.D.
3 ELECTION OF DIRECTOR: ROBERT L. PARKINSON, JR. For X
4 ELECTION OF DIRECTOR: THOMAS T. STALLKAMP For X
5 ELECTION OF DIRECTOR: ALBERT P.L. STROUCKEN For X
6 RATIFICATION OF INDEPENDENT REGISTERED For X
PUBLIC ACCOUNTING FIRM
- ------------------------------------------------------------------------------------------------------------------------------
DREAMWORKS ANIMATION SKG, INC.
- ------------------------------------------------------------------------------------------------------------------------------
SECURITY: 26153C103 MEETING TYPE: Annual
TICKER: DWA MEETING DATE: 07-May-2008
ISIN US26153C1036 VOTE DEADLINE DATE: 06-May-2008
AGENDA 932843899 Management TOTAL BALLOT SHARES: 830
LAST VOTE DATE: 14-Apr-2008
VOTE CAST BY FUND
- ------------------------------------------------------------------------------------------------------------------------------
MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 DIRECTOR For
1 JEFFREY KATZENBERG X
2 LEWIS COLEMAN X
3 ROGER A. ENRICO X
4 HARRY BRITTENHAM X
5 THOMAS FRESTON X
6 DAVID GEFFEN X
7 JUDSON C. GREEN X
8 MELLODY HOBSON X
9 MICHAEL MONTGOMERY X
10 NATHAN MYHRVOLD X
11 MARGARET C. WHITMAN X
12 KARL M. VON DER HEYDEN X
2 PROPOSAL TO APPROVE AN AMENDMENT TO THE For X
COMPANY'S RESTATED CERTIFICATE OF
INCORPORATION TO INCREASE THE MAXIMUM
NUMBER OF DIRECTORS FROM 12 TO 15.
3 PROPOSAL TO APPROVE AN AMENDMENT TO THE For X
COMPANY'S RESTATED CERTIFICATE OF
INCORPORATION TO CHANGE THE COMPOSITION OF
THE NOMINATING AND GOVERNANCE COMMITTEE.
4 PROPOSAL TO APPROVE THE ADOPTION OF THE 2008 For X
OMNIBUS INCENTIVE COMPENSATION PLAN.
5 PROPOSAL TO APPROVE THE ADOPTION OF THE 2008 For X
ANNUAL INCENTIVE PLAN.
6 PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST For X
& YOUNG LLP AS THE COMPANY'S INDEPENDENT
REGISTERED PUBLIC ACCOUNTING FIRM FOR THE
YEAR ENDING DECEMBER 31, 2008.
- ------------------------------------------------------------------------------------------------------------------------------
NOKIA CORPORATION
- ------------------------------------------------------------------------------------------------------------------------------
SECURITY: 654902204 MEETING TYPE: Annual
TICKER: NOK MEETING DATE: 08-May-2008
ISIN US6549022043 VOTE DEADLINE DATE: 18-Apr-2008
AGENDA 932829825 Management TOTAL BALLOT SHARES: 1350
LAST VOTE DATE: 16-Apr-2008
VOTE CAST BY FUND
- ------------------------------------------------------------------------------------------------------------------------------
MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 APPROVAL OF THE ANNUAL ACCOUNTS. For X
2 APPROVAL OF THE DISTRIBUTION OF THE PROFIT For X
FOR THE YEAR, PAYMENT OF DIVIDEND.
3 APPROVAL OF THE DISCHARGE OF THE CHAIRMAN, For X
THE MEMBERS OF THE BOARD OF DIRECTORS, AND
THE PRESIDENT, FROM LIABILITY.
4 APPROVAL OF THE REMUNERATION TO THE For X
MEMBERS OF THE BOARD OF DIRECTORS.
5 APPROVAL OF THE NUMBER OF THE MEMBERS OF For X
THE BOARD OF DIRECTORS.
6 DIRECTOR For
1 GEORG EHRNROOTH X
2 LALITA D. GUPTE X
3 BENGT HOLMSTROM X
4 HENNING KAGERMANN X
5 OLLI-PEKKA KALLASVUO X
6 PER KARLSSON X
7 JORMA OLLILA X
8 MARJORIE SCARDINO X
9 RISTO SIILASMAA X
10 KEIJO SUILA X
7 APPROVAL OF THE AUDITOR REMUNERATION. For X
8 APPROVAL OF THE RE-ELECTION OF For X
PRICEWATERHOUSECOOPERS OY AS THE AUDITORS
FOR FISCAL YEAR 2008.
9 APPROVAL OF THE AUTHORIZATION TO THE BOARD For X
OF DIRECTORS TO RESOLVE TO REPURCHASE NOKIA
SHARES.
10 MARK THE "FOR" BOX IF YOU WISH TO INSTRUCT None X
NOKIA'S LEGAL COUNSELS TO VOTE IN THEIR
DISCRETION ON YOUR BEHALF ONLY UPON ITEM 11.
- ------------------------------------------------------------------------------------------------------------------------------
COMCAST CORPORATION
- ------------------------------------------------------------------------------------------------------------------------------
SECURITY: 20030N101 MEETING TYPE: Annual
TICKER: CMCSA MEETING DATE: 14-May-2008
ISIN US20030N1019 VOTE DEADLINE DATE: 13-May-2008
AGENDA 932839989 Management TOTAL BALLOT SHARES: 350
LAST VOTE DATE: 28-Apr-2008
VOTE CAST BY FUND
- ------------------------------------------------------------------------------------------------------------------------------
MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 DIRECTOR For
1 S. DECKER ANSTROM X
2 KENNETH J. BACON X
3 SHELDON M. BONOVITZ X
4 EDWARD D. BREEN X
5 JULIAN A. BRODSKY X
6 JOSEPH J. COLLINS X
7 J. MICHAEL COOK X
8 GERALD L. HASSELL X
9 JEFFREY A. HONICKMAN X
10 BRIAN L. ROBERTS X
11 RALPH J. ROBERTS X
12 DR. JUDITH RODIN X
13 MICHAEL I. SOVERN X
2 RATIFICATION OF INDEPENDENT AUDITORS For X
3 APPROVAL OF OUR 2002 RESTRICTED STOCK PLAN, For X
AS AMENDED AND RESTATED
4 APPROVAL OF OUR 2003 STOCK OPTION PLAN, AS For X
AMENDED AND RESTATED
5 *SH - ADOPT A RECAPITALIZATION PLAN Against X
6 *SH - IDENTIFY ALL EXECUTIVE OFFICERS WHO EARN IN Against X
EXCESS OF $500,000
7 *SH - NOMINATE TWO DIRECTORS FOR EVERY OPEN Against X
DIRECTORSHIP
8 *SH - REQUIRE A PAY DIFFERENTIAL REPORT Against X
9 *SH - PROVIDE CUMULATIVE VOTING FOR CLASS A Against X
SHAREHOLDERS IN THE ELECTION OF DIRECTORS
10 *SH - ADOPT PRINCIPLES FOR COMPREHENSIVE HEALTH Against X
CARE REFORM
11 *SH - ADOPT AN ANNUAL VOTE ON EXECUTIVE Against X
COMPENSATION
*SH = SHAREHOLDER PROPOSAL
- ------------------------------------------------------------------------------------------------------------------------------
MARSH & MCLENNAN COMPANIES, INC.
- ------------------------------------------------------------------------------------------------------------------------------
SECURITY: 571748102 MEETING TYPE: Annual
TICKER: MMC MEETING DATE: 15-May-2008
ISIN US5717481023 VOTE DEADLINE DATE: 14-May-2008
AGENDA 932835513 Management TOTAL BALLOT SHARES: 1135
LAST VOTE DATE: 29-Apr-2008
VOTE CAST BY FUND
- ------------------------------------------------------------------------------------------------------------------------------
MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 ELECTION OF DIRECTOR: STEPHEN R. HARDIS For X
2 ELECTION OF DIRECTOR: THE RT. HON. LORD LANG For X
OF MONKTON, DL
3 ELECTION OF DIRECTOR: MORTON O. SCHAPIRO For X
4 ELECTION OF DIRECTOR: ADELE SIMMONS For X
5 ELECTION OF DIRECTOR: BRIAN DUPERREAULT For X
6 ELECTION OF DIRECTOR: BRUCE P. NOLOP For X
7 RATIFICATION OF SELECTION OF INDEPENDENT For X
REGISTERED PUBLIC ACCOUNTING FIRM
8 PROPOSAL TO AMEND MMC'S RESTATED For X
CERTIFICATE OF INCORPORATION TO ELIMINATE
CLASSIFIED BOARD STRUCTURE
9 STOCKHOLDER PROPOSAL: POLITICAL Against X
CONTRIBUTIONS
- ------------------------------------------------------------------------------------------------------------------------------
MCDONALD'S CORPORATION
- ------------------------------------------------------------------------------------------------------------------------------
SECURITY: 580135101 MEETING TYPE: Annual
TICKER: MCD MEETING DATE: 22-May-2008
ISIN US5801351017 VOTE DEADLINE DATE: 21-May-2008
AGENDA 932851264 Management TOTAL BALLOT SHARES: 525
LAST VOTE DATE: 21-May-2008
VOTE CAST BY FUND
- ------------------------------------------------------------------------------------------------------------------------------
MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 ELECTION OF DIRECTOR: RALPH ALVAREZ For X
2 ELECTION OF DIRECTOR: SUSAN E. ARNOLD For X
3 ELECTION OF DIRECTOR: RICHARD H. LENNY For X
4 ELECTION OF DIRECTOR: CARY D. MCMILLAN For X
5 ELECTION OF DIRECTOR: SHEILA A. PENROSE For X
6 ELECTION OF DIRECTOR: JAMES A. SKINNER For X
7 APPROVAL OF THE INDEPENDENT REGISTERED For X
PUBLIC ACCOUNTING FIRM
- ------------------------------------------------------------------------------------------------------------------------------
THE WESTERN UNION COMPANY
- ------------------------------------------------------------------------------------------------------------------------------
SECURITY: 959802109 MEETING TYPE: Annual
TICKER: WU MEETING DATE: 23-May-2008
ISIN US9598021098 VOTE DEADLINE DATE: 22-May-2008
AGENDA 932843988 Management TOTAL BALLOT SHARES: 975
LAST VOTE DATE: 21-May-2008
VOTE CAST BY FUND
- ------------------------------------------------------------------------------------------------------------------------------
MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 ELECTION OF DIRECTOR: JACK M. GREENBERG For X
2 ELECTION OF DIRECTOR: ALAN J. LACY For X
3 ELECTION OF DIRECTOR: LINDA FAYNE LEVINSON For X
4 RATIFICATION OF SELECTION OF AUDITORS For X
- ------------------------------------------------------------------------------------------------------------------------------
EXXON MOBIL CORPORATION
- ------------------------------------------------------------------------------------------------------------------------------
SECURITY: 30231G102 MEETING TYPE: Annual
TICKER: XOM MEETING DATE: 28-May-2008
ISIN US30231G1022 VOTE DEADLINE DATE: 27-May-2008
AGENDA 932858232 Management TOTAL BALLOT SHARES: 350
LAST VOTE DATE: 21-May-2008
VOTE CAST BY FUND
- ------------------------------------------------------------------------------------------------------------------------------
MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
- ------------------------------------------------------------------------------------------------------------------------------
1 DIRECTOR For
1 M.J. BOSKIN X
2 L.R. FAULKNER X
3 W.W. GEORGE X
4 J.R. HOUGHTON X
5 R.C. KING X
6 M.C. NELSON X
7 S.J. PALMISANO X
8 S.S REINEMUND X
9 W.V. SHIPLEY X
10 R.W. TILLERSON X
11 E.E. WHITACRE, JR. X
2 RATIFICATION OF INDEPENDENT AUDITORS (PAGE 47) For X
3 *SH - SHAREHOLDER PROPOSALS PROHIBITED (PAGE 49) Against X
4 *SH - DIRECTOR NOMINEE QUALIFICATIONS (PAGE 49) Against X
5 *SH - BOARD CHAIRMAN AND CEO (PAGE 50) Against X
6 *SH - SHAREHOLDER RETURN POLICY (PAGE 52) Against X
7 *SH - SHAREHOLDER ADVISORY VOTE ON EXECUTIVE Against X
COMPENSATION (PAGE 53)
8 *SH - EXECUTIVE COMPENSATION REPORT (PAGE 55) Against X
9 *SH - INCENTIVE PAY RECOUPMENT (PAGE 57) Against X
10 *SH - CORPORATE SPONSORSHIPS REPORT (PAGE 58) Against X
11 *SH - POLITICAL CONTRIBUTIONS REPORT (PAGE 60) Against X
12 *SH - AMENDMENT OF EEO POLICY (PAGE 61) Against X
13 *SH - COMMUNITY ENVIRONMENTAL IMPACT (PAGE 63) Against X
14 *SH - ANWR DRILLING REPORT (PAGE 65) Against X
15 *SH - GREENHOUSE GAS EMISSIONS GOALS (PAGE 66) Against X
16 *SH - CO2 INFORMATION AT THE PUMP (PAGE 68) Against X
17 *SH - CLIMATE CHANGE AND TECHNOLOGY REPORT (PAGE Against X
69)
18 *SH - ENERGY TECHNOLOGY REPORT (PAGE 70) Against X
19 *SH - RENEWABLE ENERGY POLICY (PAGE 71) Against X
*SH = SHAREHOLDER PROPOSAL
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MASTERCARD INCORPORATED
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SECURITY: 57636Q104 MEETING TYPE: Annual
TICKER: MA MEETING DATE: 03-Jun-2008
ISIN US57636Q1040 VOTE DEADLINE DATE: 02-Jun-2008
AGENDA 932886279 Management TOTAL BALLOT SHARES: 235
LAST VOTE DATE: 21-May-2008
VOTE CAST BY FUND
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MANAGEMENT
ITEM PROPOSAL RECOMMENDATION FOR AGAINST ABSTAIN TAKE NO ACTION
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1 DIRECTOR For
1 BERNARD S.Y. FUNG X
2 MARC OLIVIE X
3 MARK SCHWARTZ X
2 RATIFICATION OF THE APPOINTMENT OF For X
PRICEWATERHOUSECOOPERS LLP AS THE
INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR THE COMPANY FOR 2008