UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-03287
New Alternatives Fund, Inc.
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(Exact name of registrant as specified in charter)
150 Broadhollow Road, Suite 306
Melville, New York 11747
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(Address of principal executive offices) (Zip code)
David J. Schoenwald, President
New Alternatives Fund, Inc.
150 Broadhollow Road, Suite 306
Melville, New York 11747
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(Name and address of agent for service)
Registrant's telephone number, including area code: 631-423-7373
Date of fiscal year end: December 31
Date of reporting period: July 1, 2005 - June 30, 2006
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, 100 F Street, NE, Washington, DC
20549. The OMB has reviewed this collection of information under the clearance
requirements of 44 U.S.C. ss. 3507.
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2005 TO JUNE 30, 2006
NEW ALTERNATIVES FUND, INC.
150 Broadhollow Road Suite 306
Melville, New York 11747
1-800-423-8383 or 631-423-7373
Fund's Investment Company Act file number: 811 - 3278
Fund's name as specified on its charter: New Alternatives Fund, Inc.
Date of fiscal year end: December 31
Date of reporting period:
NAME OF SECURITY: EVERGREEN SOLAR, INC.
Ticker: ESLR Cusip or Sedol Number: 30033R108
Meeting Type: Annual
Rec. Date: 06/20/05 Meeting Date: 07/15/05
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For Did not vote
2. To ratify appointment of Pricewaterhousecoopers LLP
as independent public accounting firm for fiscal year
ending December 31, 2005 For For
3. To approve amendment and restatement of Company's
amended 2000 stock option and incentive plan For Abstain
4. To approve amendment and restatement of Company's
2000 employee stock purchase plan For Abstain
NAME OF SECURITY: MEDIS TECHNOLOGIES LTD.
Ticker: MDTL Cusip or Sedol Number: 58500P107
Meeting Type: Annual
Rec. Date: 06/06/05 Meeting Date: 07/21/05
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. To amend company's 1999 stock option plan to increase
number of shares of common stock available for option
grants thereunder to 4,200,000 For Abstain
NAME OF SECURITY: LINEAR TECHNOLOGY CORPORATION
Ticker: LLTC Cusip or Sedol Number: 535678106
Meeting Type: Annual
Rec. Date: 09/06/05 Meeting Date: 11/02/05
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Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. To approve adoption of 2005 equity incentive plan
and reservation of shares for issuance thereunder For Against
3. To approve the adoption of 2005 employee stock
purchase plan and reservation of shares for
issuance thereunder For Against
4. To reapprove the 1996 senior executive bonus
plan For Against
5. Ratify Ernst & Young LLP as Company's independent
registered accounting firm for fiscal
year ending July 2, 2006 For For
NAME OF SECURITY: CREE, INC.
Ticker: CREE Cusip or Sedol Number: 225447101
Meeting Type: Annual
Rec. Date: 09/13/05 Meeting Date: 11/03/05
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Approval of 2005 employee stock
purchase plan For Against
3. Approval of amendments to 2004 long-term
incentive compensation plan For Against
4. Ratification of Ernst & Young LLP as auditors for
fiscal year ending June 25, 2006 For For
NAME OF SECURITY: BRASCAN CORPORATION
Ticker: BNN Cusip or Sedol Number: 10549P606
Meeting Type: Special Meeting
Rec. Date: 09/26/05 Meeting Date: 11/10/05
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. To change the name of the Corporation to
Brookfield Asset Management Inc. For For
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NAME OF SECURITY: VALENCE TECHNOLOGY, INC.
Ticker: VLNC Cusip or Sedol Number: 918914102
Meeting Type: Annual Meeting
Rec. Date: 09/15/05 Meeting Date: 11/09/05
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For
NAME OF SECURITY: INTERNATIONAL RECTIFIER CORPORATION
Ticker: IRF Cusip or Sedol Number: 460254105
Meeting Type: Annual
Rec. Date: 09/21/05 Meeting Date: 11/21/05
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Amendment of employee stock purchase plan. To
approve proposed amendment and restatement of
company's employee stock purchase plan For Against
3. Ratification of PriceWaterhouseCoopers LLP
as independent registered public accounting
firm to serve for fiscal year 2006 For For
NAME OF SECURITY: INTERMAGNETICS GENERAL CORPORATION
Ticker: IMGC Cusip or Sedol Number: 458771102
Meeting Type: Annual
Rec. Date: 09/26/05 Meeting Date: 11/22/05
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
NAME OF SECURITY: UNITED NATURAL FOODS, INC.
Ticker: UNFI Cusip or Sedol Number: 911163103
Meeting Type: Annual
Rec. Date: 10/10/05 Meeting Date: 12/08/05
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Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. To approve amendment to increase the
number of shares of common stock from
50,000,000 to 100,000,000 shares For For
3. To ratify appointment of KPMG LLP as
independent registered public accounting firm
for fiscal year 2006 For For
NAME OF SECURITY: NEW JERSEY RESOURCES CORPORATION
Ticker: NJR Cusip or Sedol Number: 646025106
Meeting Type: Annual
Rec. Date: 12/07/05 Meeting Date: 01/25/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. To approve outside Director stock compensation
plan and ratify grants of stock made under plan in
2005, as described in accompanying proxy
statement For Against
3. To approve officers annual incentive plan as
described in accompanying proxy statement For Against
4. To approve retention of Deloitte & Touche LLP
as auditors for fiscal year ending September 30, 2006 For For
NAME OF SECURITY: COMMERCIAL METALS COMPANY
Ticker: CMC Cusip or Sedol Number: 201723103
Meeting Type: Annual
Rec. Date: 11/28/05 Meeting Date: 01/26/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Amendment to restated certificate of incorporation
to increase number of shares of common stock from
10,000 to 200,000 with no change in number of
authorized shares of preferred stock For For
3. Amendment to restated certificate of incorporation
to decrease par value of common stock from
$5.00 per share to $.01 per share For Against
4. To ratify appointment of Deloitte & Touche LLP
as auditors for fiscal year ending August 31, 2006 For For
NAME OF SECURITY: THE LACLEDE GROUP, INC.
Ticker: LG Cusip or Sedol Number: 505597104
Meeting Type: Annual
Rec. Date: 12/01/05 Meeting Date: 01/26/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. To amend articles of incorporation to reduce
the minimum size of Board from nine to seven For For
3. To approve The Laclede Group annual
incentive plan For Against
4. To approve The Laclede Group 2006
equity incentive plan For Against
5. To ratify appointment of Deloitte & Touche LLP
as independent auditors for fiscal year 2006 For For
NAME OF SECURITY: ATMOS ENERGY CORPORATION
Ticker: ATO Cusip or Sedol Number: 049560105
Meeting Type: Annual
Rec. Date: 12/15/05 Meeting Date: 02/08/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For
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NAME OF SECURITY: PIEDMONT NATURAL GAS COMPANY, INC.
Ticker: PNY Cusip or Sedol Number: 720186105
Meeting Type: Annual
Rec. Date: 01/10/06 Meeting Date: 03/03/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Ratification of Deloitte & Touche LLP as
independent registered public accounting firm For For
3. Amendment of Article 3 of company's articles
of incorporation to increase authorized shares
of common stock from 100,000,000 to 200,000,000
shares For For
4. Approval of Piedmont Natural Gas Company
incentive compensation plan For Against
NAME OF SECURITY: COMPANHIA DE SANEAMENTO BASICO
Ticker: SBS Cusip or Sedol Number: 20441A102
Meeting Type: Special
Rec. Date: 03/06/06 Meeting Date: 03/27/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For
2. Ratify compensation of members of Board
of executive officers and Board of Directors For Against
3. Other issues of social interest For Did not vote*
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* No information provided detailing the social interests issues to be voted on
NAME OF SECURITY: FUELCELL ENERGY, INC
Ticker: FCEL Cusip or Sedol Number: 35952H106
Meeting Type: Annual
Rec. Date: 02/06/06 Meeting Date: 03/28/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Except
05-Thomas L. Kempner
07-Jerry D. Leitman
2. Ratification of selection of KPMG LLP as
independent registered public accounting firm For For
3. Adoption of 2006 FuelCell Energy equity
incentive plan For Against
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NAME OF SECURITY: EQUITABLE RESOURCES, INC.
Ticker: EQT Cusip or Sedol Number: 294549100
Meeting Type: Annual
Rec. Date: 02/13/06 Meeting Date: 04/12/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Ratify Ernst & Young LLP as independent
registered public accountants For For
3. Consider and approve amendment and
continuation of executive short-term incentive plan For Against
NAME OF SECURITY: BALDOR ELECTRIC COMPANY
Ticker: BEZ Cusip or Sedol Number: 057741100
Meeting Type: Annual
Rec. Date: 03/08/06 Meeting Date: 04/22/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Adoption of Baldor Electric Company 2006
equity incentive For Abstain
NAME OF SECURITY: PRAXAIR, INC.
Ticker: PX Cusip or Sedol Number: 74005P104
Meeting Type: Annual
Rec. Date: 03/01/06 Meeting Date: 04/25/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Proposal to approve amendment to Praxair
certificate of incorporation to declassify Board
(Board makes no recommendation for Proposal 2) -- For
3. Proposal to re-approve performance goals under
Praxair's Section 162(M) Plan For Abstain
4. Proposal to ratify the appointment of the
independent auditor For For
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NAME OF SECURITY: BROOKFIELD ASSET MANAGEMENT INC.
Ticker: BAM Cusip or Sedol Number: 112585104
Meeting Type: Special
Rec. Date: 03/17/06 Meeting Date: 04/26/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Special resolution to increase the number
of directors from 14 to 16 For Against
2. Director Nominees Election For For
3. The appointment of auditors and authorizing
the directors to fix the renumeration to be paid
to the auditors For For
NAME OF SECURITY: SOUTH JERSEY INDUSTRIES, INC.
Ticker: SJI Cusip or Sedol Number: 838518108
Meeting Type: Annual
Rec. Date: 02/24/06 Meeting Date: 04/28/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. To approve appointment of Deloitte & Touche LLP
as independent registered public accounting
firm for 2006 For For
NAME OF SECURITY: BADGER METER, INC.
Ticker: ASE Cusip or Sedol Number: 056525108
Meeting Type: Annual
Rec. Date: 02/28/06 Meeting Date: 04/28/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
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NAME OF SECURITY: STANTEC INC.
Ticker: SXC Cusip or Sedol Number: 85472N109
Meeting Type: Special
Rec. Date: 03/15/06 Meeting Date: 05/04/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Ernst & Young, chartered accountants, be
reappointed as Stantec's auditor and directors are
authorized to fix the auditor's renumeration For For
3. Stantec's employee share option plan be amended
to provide maximum number of common shares which may be
reserved for issuance for all purposes under plan
shall be 2,257,063 common shares, being 10% of issued
and outstanding common shares on March 15, 2006 (on
a non-diluted basis) and further subject to the
applicable rules and regulations of all regulatory
authorities For Against
4. Articles of corporation be amended to subdivide each
issued common share of corporation on a two for one
basis and any officer of corporation be and is hereby
authorized to execute and deliver all such documents
and to do all such other acts and things as
may be considered necessary or desirable to give
effect to this resolution For For
NAME OF SECURITY: ITRON, INC.
Ticker: ITRI Cusip or Sedol Number: 465741106
Meeting Type: Annual
Rec. Date: 02/28/06 Meeting Date: 05/09/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Approval of Itron, Inc. amended and
restated 2000 stock incentive plan For Against
NAME OF SECURITY: ORMAT TECHNOLOGIES, INC.
Ticker: ORA Cusip or Sedol Number: 686688102
Meeting Type: Annual
Rec. Date: 03/28/06 Meeting Date: 05/09/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. To ratify selection of Pricewaterhousecoopers LLP
as independent auditors of the company for fiscal year
ending December 31, 2006 For For
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NAME OF SECURITY: AQUA AMERICA, INC.
Ticker: WTR Cusip or Sedol Number: 03836W103
Meeting Type: Annual
Rec. Date: 03/27/06 Meeting Date: 05/17/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
NAME OF SECURITY: SUNOPTA INC.
Ticker: STKL Cusip or Sedol Number: 8676EP108
Meeting Type: Annual
Rec. Date: 03/28/06 Meeting Date: 05/17/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. A: Director Nominees Election For Forall Nominees
2. B: Appointment of PriceWaterhouseCoopers LLP
as auditors for 2006 and to authorize Directors to
fix their renumeration For For
NAME OF SECURITY: IDACORP, INC.
Ticker: IDA Cusip or Sedol Number: 451107106
Meeting Type: Annual
Rec. Date: 03/30/06 Meeting Date: 05/18/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. To ratify Deloitte & Touche LLP as registered
public accounting firm for fiscal year ending 2006 For For
NAME OF SECURITY: COLOR KINETICS INCORPORATED
Ticker: CLRK Cusip or Sedol Number: 19624P100
Meeting Type: Annual
Rec. Date: 03/28/06 Meeting Date: 05/24/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Approval of amendment of 2004 stock incentive
plan to increase number of shares issuable under plan For Against
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NAME OF SECURITY: TELVENT GIT SA
Ticker: TLVT Cusip or Sedol Number: E90215109
Meeting Type: Annual
Rec. Date: 04/21/06 Meeting Date: 05/24/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Examination and approval of annual accounts and
management report of company corresponding
to financial year 2005 For For
2. Approval of proposed distribution of net income for
2005 financial year For For
3. Approval of actions of Board of Directors in the
last year For Abstain
4. Approval of Board of Directors compensation For Abstain
5. Reelection or appointment of auditor of company
and its consolidated group for year 2006 For For
6. Amendment of minimum notice period for calling a
general shareholders meeting For Against
7. Grant of power to Board of Directors to correct,
formalize, execute and/or legalize all documents
memorializing agreements of shareholders at this
meeting For Abstain
8. Approval of minutes of this meeting in any of the
cases set by law For Abstain
9. In their discretion, the proxies are authorized to
vote upon such other business as properly may
come before the meeting For Abstain
NAME OF SECURITY: KADANT INC.
Ticker: KAI Cusip or Sedol Number: 48282T104
Meeting Type: Annual
Rec. Date: 04/10/06 Meeting Date: 05/25/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Approval of Kadant Inc. 2006 equity
incentive plan For Against
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NAME OF SECURITY: NORTHWEST NATURAL GAS COMPANY
Ticker: NWN Cusip or Sedol Number: 667655104
Meeting Type: Annual
Rec. Date: 04/06/06 Meeting Date: 05/25/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Reapproval of long-term incentive plan For Against
3. Amendments to employee stock purchase plan For Against
4. Restated articles of incorporation For Abstain
5. Amendment to Article IV of restated articles of
incorporation For Abstain
6. Ratification of appointment of independent
public accountants For For
NAME OF SECURITY: COMPANHIA DE SANEAMENTO BASICO
Ticker: SBS Cusip or Sedol Number: 20441A102
Meeting Type: Extraordinary
Rec. Date: 05/26/06 Meeting Date: 06/19/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Amend Articles 1, 2 and respective paragraphs
and article 3 in compliance with provisions in Cannot Vote
state law #12,292 dated March 2, 2006 For Material Not Provided
2. Amend articles: 13 "Caput" and paragraphs 14 "Caput"
and first paragraph, 26 paragraph first, 36 "Caput"
as well as reword articles 41, 42, 43, 44, 45, 46, 47
and subparagraph, 48 "Caput", 49 "Caput" and
paragraphs 1 and 2 and article 51 in order to adapt
them to the new provisions in Sao Paulo Stock Exchange-Novo Cannot Vote
Mercado's listings rules For Material Not Provided
3. Amend articles 25, "Caput" and paragraphs, 27 "Caput"
and sole paragraph, 29 "Caput" and paragraph 2, 31
"Caput" to adjust them to company's current
organizational structure and insert an article and
paragraphs to ensure legal defense to members of Board of
Directors and fiscal council, officers, employees
or representatives Cannot Vote
that had acted under management's delegation For Material Not Provided
4. Reorganize chapters III and VII, adjust and standardize
wording, include, exclude and renumber articles,
as well as consolidate company's bylaws, in compliance
with draft available to shareholders at company's Cannot Vote
headquarters and on the website www.sabesp.com.br For Material Not Provided
5. Election of member of board of directors For Cannot Vote
Material Not Provided
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NAME OF SECURITY: KYOCERA CORPORATION
Ticker: KYO Cusip or Sedol Number: 501556203
Meeting Type: Annual
Rec. Date: 03/31/06 Meeting Date: 06/23/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Approval of proposed appropriation of retained
earnings for year ended March 31, 2006 For For
2. Approval of amendments of articles of incorporation For Abstain
NAME OF SECURITY: MATSUSHITA ELECTRIC INDUSTRIAL CO., LTD.
Ticker: MC Cusip or Sedol Number: 576879209
Meeting Type: Annual
Rec. Date: 03/30/06 Meeting Date: 06/28/06
Agenda Item Description
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Mgt Rec.: How Voted:
Directors: 3. Directors recommended nominees For For All Nominees
Proxy Item Proposals:
1. To approve proposed allocation of profit with
respect to 99th fiscal period For For
2. To make partial amendments to company's articles
of incorporation For Against
4. To elect 1 corporate auditor For For
5. To approve payment of retirement allowances to
retiring directors for their meritorious service and
final allowances related to termination of company's
benefit system for retiring directors and corporate
auditors For Against
Note: All matters were proposed by the respective issuer
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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.
Registrant New Alternatives Fund, Inc.
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By (Signature and Title)* /s/ David J. Schoenwald
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David J. Schoenwald, Chief Executive Officer
(Principal Executive Officer)
Date 7/28/2006
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*Print the name and title of each signing officer under his or her signature.
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