UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-09397
--------------------------------------
The Gabelli Utilities Fund
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in charter)
One Corporate Center
Rye, NY 10580-1422
-----------------------------------------------------------------
(Address of principal executive offices) (Zip code)
Bruce N. Alpert
Gabelli Funds, LLC
One Corporate Center
Rye, NY 10580-1422
--------------------------------------------------------------
(Name and address of agent for service)
Registrant's telephone number, including area code: 1-800-422-3554
--------------------------
Date of fiscal year end: December 31
----------------
Date of reporting period: July 1, 2003 - June 30, 2004
------------------------------
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.
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2003 TO JUNE 30, 2004
- ------------------------------------------------------------------------------------------------------------------------------------
BRITISH ENERGY PLC AGM Meeting Date: 07/30/2003
Issuer: G1531P145 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
1. RECEIVE AND ADOPT THE ANNUAL REPORT AND THE ACCOUNTS Management For No
FOR THE YE 31 MAR 2003
2. ELECT MR. ADRIAN MONTAGUE AS A DIRECTOR Management For No
3. ELECT MR. MIKE ALEXANDER AS A DIRECTOR Management For No
4. ELECT MR. WILLIAM COLEY AS A DIRECTOR Management For No
5. ELECT MR. PASCAL COLOMBANI AS A DIRECTOR Management For No
6. RE-APPOINT PRICEWATERHOUSECOOPERS LLP AS THE Management For No
AUDITORS OF THE COMPANY UNTIL THE CONCLUSION OF
THE NEXT GENERAL MEETING AT WHICH ACCOUNTS ARE
LAID BEFORE THE COMPANY
7. AUTHORIZE THE DIRECTORS TO FIX THE AUDITORS REMUNERATION Management For No
8. APPROVE THE REMUNERATION REPORT CONTAINED WITHIN Management For No
THE ANNUAL REPORT AND THE ACC OUNTS FOR THE YE 31
MAR 2003
9. AUTHORIZE THE COMPANY, FOR THE PURPOSES OF PART Management For No
XA OF THE COMPANIES ACT 1985, TO MAKE DONATIONS TO
EU POLITICAL ORGANIZATIONS AND/OR TO INCUR EU
POLITICAL E XPENDITURE UP TO AGGREGATE AMOUNT OF
GBP 25,000 FOR A PERIOD ENDING ON THE NEX T AGM OF
THE COMPANY
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND G019 000 45,000 45,000 07/21/2003
- ------------------------------------------------------------------------------------------------------------------------------------
HERA SPA, BOLOGNA MIX Meeting Date: 10/16/2003
Issuer: T5250M106 ISIN: IT0001250932 BLOCKING
SEDOL: 7620508, 7598003
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
* PLEASE NOTE IN THE EVENT THE MEETING DOES NOT Non-Voting Non-Vote Proposal No
REACH QUORUM, THERE WILL BE A SECOND CALL ON 17
OCT 2003. CONSEQUENTLY, YOUR VOTING INSTRUCTIONS
WILL REMAIN VALID FOR ALL CALLS UNLESS THE AGENDA
IS AMENDED. PLEASE BE ALSO ADVISED THAT YOUR
SHARES WILL BE BLOCKED UNTIL THE QUORUM IS MET OR
THE MEETING IS CANCELLED. THANK YOU
E.1 AMEND SOME ARTICLES OF THE BY-LAWS Management For No
O.1 APPROVE TO STATE THE NUMBER OF BOARD OF DIRECTORS Management For No
MEMBERS
O.2 APPOINT THE BOARD OF DIRECTORS MEMBERS; MR. Management For No
PIERO COLLINA, MR. PIER GIUSEPPE DOLCINI, MR.
FABIO ROVERSI MONACO
O.3 APPOINT THE INTERNAL AUDITORS MEMBERS AND 3 Management For No
BOARD OF DIRECTORS MEMBERS; MR. SERGIO SANTI -
EFFECTIVE AUDITOR, MR. STEFANO CECCACCI -
ALTERNATIVE AUDITOR
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND G019 65,000 65,000 10/07/2003
- ------------------------------------------------------------------------------------------------------------------------------------
SOUTHERN UNION COMPANY SUG Annual Meeting Date: 11/04/2003
Issuer: 844030 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 PROPOSAL TO APPROVE THE SOUTHERN UNION COMPANY Management For No No
2003 STOCK AND INCENTIVE PLAN.
03 PROPOSAL TO APPROVE THE SOUTHERN UNION COMPANY Management For No No
EXECUTIVE INCENTIVE BONUS PLAN.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 106 28,350 28,350 10/29/2003
- ------------------------------------------------------------------------------------------------------------------------------------
ALLEGHENY ENERGY, INC. AYE Annual Meeting Date: 11/14/2003
Issuer: 017361 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 APPROVAL OF APPOINTMENT OF PRICEWATERHOUSECOOPERS Management For No No
LLP AS INDEPENDENT ACCOUNTANTS.
03 SHAREHOLDER PROPOSAL REGARDING POISON PILLS. Shareholder For Yes No
04 SHAREHOLDER PROPOSAL REGARDING INDEXED OPTIONS. Shareholder Against No No
05 SHAREHOLDER PROPOSAL REGARDING PERFORMANCE-BASED Shareholder Against No No
STOCK OPTIONS.
06 SHAREHOLDER PROPOSAL REGARDING OPTION EXPENSING. Shareholder Against No No
07 SHAREHOLDER PROPOSAL REGARDING INDEPENDENT BOARD Shareholder Against No No
CHAIRMAN.
08 SHAREHOLDER PROPOSAL REGARDING ALLOW SIMPLE Shareholder Against No No
MAJORITY VOTE.
09 SHAREHOLDER PROPOSAL REGARDING ANNUAL ELECTION Shareholder Against No No
OF DIRECTORS.
10 SHAREHOLDER PROPOSAL REGARDING AUDITOR FEES. Shareholder Against No No
11 SHAREHOLDER PROPOSAL REGARDING REINCORPORATION. Shareholder Against No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 106 120,000 120,000 11/11/2003
- ------------------------------------------------------------------------------------------------------------------------------------
BRITISH ENERGY PLC EGM Meeting Date: 12/22/2003
Issuer: G1531P145 ISIN: GB0007382939
SEDOL: 0738293, 5748855
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
1. APPROVE TO DISPOSE THE COMPANY S ENTIRE 50% INTEREST IN Management For No
AMERGEN TO EXELON GENERATION COMPANY, LLC THE
DISPOSAL PURSUANT TO THE AGREEMENT DATED 10 OCT
2003 BETWEEN BRITISH ENERGY INVESTMENT LIMITED AND
EXELON GENERATION COMPANY, LLC THE AGREEMENT AND
AUTHORIZE THE DIRECTORS TO AGREE ANY ADJUSTMENTS
REQUIRED IN ACCORDANCE WITH THE AGREEMENT AS THEY
THINK FIT, TO EXERCISE THE RIGHT OF THE COMPANY
AND ITS SUBSIDIARIES UNDER THE AGREEMENT AS THEY
THINK FIT AND TAKE SUCH STEPS ON BEHALF OF THE
COMPANY AND ITS SUBSIDIARIES AS THEY MAY CONSIDER
NECESSARY OR DESIRABLE TO MEET THE CONDITIONS OF
THE AGREEMENT AND COMPLETE AND CARRY SUCH PROPOSED
TRANSACTION INTO EFFECT
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND G019 40,000 40,000 12/18/2003
- ------------------------------------------------------------------------------------------------------------------------------------
RGC RESOURCES, INC. RGCO Annual Meeting Date: 01/26/2004
Issuer: 74955L ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 TO RATIFY THE SELECTION OF DELOITTE & TOUCHE Management For No No
LLP AS INDEPENDENT AUDITORS.
03 AUTHORIZE PROXIES TO VOTE ON SUCH OTHER BUSINESS, Management For No No
IF ANY, THAT MAY PROPERLY COME BEFORE THE MEETING.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 103 500 500 01/16/2004
- ------------------------------------------------------------------------------------------------------------------------------------
THE LACLEDE GROUP, INC. LG Annual Meeting Date: 01/29/2004
Issuer: 505597 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF THE APPOINTMENT OF DELOITTE & Management For No No
TOUCHE LLP AS INDEPENDENT AUDITORS.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 104 3,000 3,000 01/21/2004
- ------------------------------------------------------------------------------------------------------------------------------------
ATMOS ENERGY CORPORATION ATO Annual Meeting Date: 02/11/2004
Issuer: 049560 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 105 2,500 2,500 01/27/2004
- ------------------------------------------------------------------------------------------------------------------------------------
NATIONAL FUEL GAS COMPANY NFG Annual Meeting Date: 02/19/2004
Issuer: 636180 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 APPOINTMENT OF INDEPENDENT ACCOUNTANTS. Management For No No
03 ADOPTION OF, IF PRESENTED AT THE MEETING, A SHAREHOLDER Shareholder Against No No
PROPOSAL.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 101 22,000 22,000 02/03/2004
- ------------------------------------------------------------------------------------------------------------------------------------
UNISOURCE ENERGY CORPORATION UNS Special Meeting Date: 03/29/2004
Issuer: 909205 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 TO APPROVE THE AGREEMENT AND PLAN OF MERGER BETWEEN Management For No No
SAGUARO ACQUISITION CORP. AND UNISOURCE ENERGY
CORPORATION.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 106 50,300 50,300 03/19/2004
- ------------------------------------------------------------------------------------------------------------------------------------
OTTER TAIL CORPORATION OTTR Annual Meeting Date: 04/12/2004
Issuer: 689648 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 THE RATIFICATION OF DELOITTE & TOUCHE LLP AS AUDITORS. Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 103 8,000 8,000 04/02/2004
- ------------------------------------------------------------------------------------------------------------------------------------
NICOR INC. GAS Annual Meeting Date: 04/15/2004
Issuer: 654086 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT Management For No No
PUBLIC ACCOUNTANTS IN 2004.
03 SHAREHOLDER PROPOSAL CONCERNING THE SHAREHOLDER Shareholder For Yes No
RIGHTS PLAN.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 107 10,000 10,000 04/02/2004
- ------------------------------------------------------------------------------------------------------------------------------------
HAWAIIAN ELECTRIC INDUSTRIES, INC. HE Annual Meeting Date: 04/20/2004
Issuer: 419870 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 ELECTION OF KPMG LLP AS INDEPENDENT AUDITOR. Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 100 9,000 9,000 04/15/2004
- ------------------------------------------------------------------------------------------------------------------------------------
PG&E CORPORATION PCG Annual Meeting Date: 04/21/2004
Issuer: 69331C ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF APPOINTMENT OF INDEPENDENT PUBLIC Management For No No
ACCOUNTANTS
03 POISON PILL Shareholder For Yes No
04 GOLDEN PARACHUTES Shareholder Against No No
05 LINK-FREE DIRECTORS Shareholder Against No No
06 RADIOACTIVE WASTES Shareholder Against No No
07 SEPARATE CHAIRMAN/CEO Shareholder Against No No
08 EXECUTIVE COMPENSATION Shareholder Against No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 108 28,000 28,000 04/15/2004
- ------------------------------------------------------------------------------------------------------------------------------------
CLECO CORPORATION CNL Annual Meeting Date: 04/23/2004
Issuer: 12561W ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 105 20,000 20,000 04/23/2004
- ------------------------------------------------------------------------------------------------------------------------------------
PENNICHUCK CORPORATION PNNW Annual Meeting Date: 04/23/2004
Issuer: 708254 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Management For No No
LLP AS THE COMPANY S INDEPENDENT PUBLIC ACCOUNTANTS
FOR THE YEAR ENDING DECEMBER 31, 2004.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 206 9,000 9,000 04/21/2004
- ------------------------------------------------------------------------------------------------------------------------------------
PPL CORPORATION PPL Annual Meeting Date: 04/23/2004
Issuer: 69351T ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITOR Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 106 12,500 12,500 04/21/2004
- ------------------------------------------------------------------------------------------------------------------------------------
BELLSOUTH CORPORATION BLS Annual Meeting Date: 04/26/2004
Issuer: 079860 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFY THE INDEPENDENT AUDITOR Management For No No
03 APPROVE AMENDMENT TO ELECT DIRECTORS ANNUALLY Management For No No
04 APPROVE THE STOCK AND INCENTIVE COMPENSATION Management For No No
PLAN
05 SHAREHOLDER PROPOSAL RE: EXECUTIVE COMPENSATION Shareholder Against No No
06 SHAREHOLDER PROPOSAL RE: CEO COMPENSATION Shareholder Against No No
07 SHAREHOLDER PROPOSAL RE: DISCLOSURE OF POLITICAL Shareholder Against No No
CONTRIBUTIONS
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 102 16,000 16,000 04/23/2004
- ------------------------------------------------------------------------------------------------------------------------------------
AMEREN CORPORATION AEE Annual Meeting Date: 04/27/2004
Issuer: 023608 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS Management For No No
03 REPORT ON STORAGE OF IRRADIATED FUEL RODS AT Shareholder Against No No
CALLAWAY
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 102 25,000 25,000 04/21/2004
- ------------------------------------------------------------------------------------------------------------------------------------
CH ENERGY GROUP, INC. CHG Annual Meeting Date: 04/27/2004
Issuer: 12541M ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 102 6,000 6,000 04/23/2004
- ------------------------------------------------------------------------------------------------------------------------------------
HERA SPA, BOLOGNA MIX Meeting Date: 04/27/2004
Issuer: T5250M106 ISIN: IT0001250932 BLOCKING
SEDOL: 7620508, 7598003
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
* PLEASE NOTE IN THE EVENT THE MEETING DOES NOT Non-Voting Non-Vote Proposal No
REACH QUORUM, THERE WILL BE A SECOND CALL ON 29
APR 2004. CONSEQUENTLY, YOUR VOTING INSTRUCTIONS
WILL REMAIN VALID FOR ALL CALLS UNLESS THE AGENDA
IS AMENDED. PLEASE BE ALSO ADVISED THAT YOUR
SHARES WILL BE BLOCKED UNTIL THE QUORUM IS MET OR
THE MEETING IS CANCELLED. THANK YOU
E.1 AMEND SOME ARTICLES OF THE BY-LAWS Management For No
E.2 APPROVE TO ADD A NEW ARTICLE IN THE BY-LAWS Management For No
E.3 APPROVE TO RENUMBER THE ARTICLES OF THE BY-LAWS Management For No
O.1 APPROVE THE BALANCE SHEET REPORT AS OF 31 DEC Management For No
2003 AND THE BOARD OF DIRECTORS REPORT; AND THE
RESOLUTIONS THERETO
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND G019 80,000 80,000 04/26/2004
- ------------------------------------------------------------------------------------------------------------------------------------
ENERGEN CORPORATION EGN Annual Meeting Date: 04/28/2004
Issuer: 29265N ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 108 10,000 10,000 04/21/2004
- ------------------------------------------------------------------------------------------------------------------------------------
GENERAL ELECTRIC COMPANY GE Annual Meeting Date: 04/28/2004
Issuer: 369604 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
0A DIRECTOR Management For No No
0B INDEPENDENT AUDITOR Management For No No
0C REVENUE MEASUREMENT ADDED TO EXECUTIVE OFFICER Management For No No
PERFORMANCE GOALS
01 CUMULATIVE VOTING Shareholder Against No No
02 ANIMAL TESTING Shareholder Against No No
03 NUCLEAR RISK Shareholder Against No No
04 REPORT ON PCB CLEANUP COSTS Shareholder Against No No
05 OFFSHORE SOURCING Shareholder Against No No
06 SUSTAINABILITY INDEX Shareholder Against No No
07 COMPENSATION COMMITTEE INDEPENDENCE Shareholder Against No No
08 PAY DISPARITY Shareholder Against No No
09 END STOCK OPTIONS AND BONUSES Shareholder Against No No
10 LIMIT OUTSIDE DIRECTORSHIPS Shareholder Against No No
11 INDEPENDENT BOARD CHAIRMAN Shareholder Against No No
12 EXPLORE SALE OF COMPANY Shareholder Against No No
13 HOLDING STOCK FROM STOCK OPTIONS Shareholder Against No No
14 BOARD INDEPENDENCE Shareholder Against No No
15 POLITICAL CONTRIBUTIONS Shareholder Against No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 103 5,000 5,000 04/27/2004
- ------------------------------------------------------------------------------------------------------------------------------------
TECO ENERGY, INC. TE Annual Meeting Date: 04/28/2004
Issuer: 872375 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
A DIRECTOR Management For No No
B APPROVAL OF 2004 EQUITY INCENTIVE PLAN Management For No No
C RATIFICATION OF THE CORPORATION S INDEPENDENT Management For No No
AUDITOR
D1 SHAREHOLDER PROPOSAL: EXECUTIVE COMPENSATION Shareholder Against No No
CHANGES
D2 SHAREHOLDER PROPOSAL: EXPENSING OF STOCK OPTIONS Shareholder Against No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 100 17,000 17,000 04/08/2004
- ------------------------------------------------------------------------------------------------------------------------------------
THE AES CORPORATION AES Annual Meeting Date: 04/28/2004
Issuer: 00130H ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF THE INDEPENDENT AUDITOR (DELOITTE Management For No No
& TOUCHE LLP)
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 105 90,000 90,000 04/21/2004
- ------------------------------------------------------------------------------------------------------------------------------------
VERIZON COMMUNICATIONS INC. VZ Annual Meeting Date: 04/28/2004
Issuer: 92343V ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF INDEPENDENT AUDITOR Management For No No
03 CUMULATIVE VOTING Shareholder Against No No
04 BOARD COMPOSITION Shareholder Against No No
05 SEPARATE CHAIRMAN AND CEO Shareholder Against No No
06 FUTURE POISON PILL Shareholder For Yes No
07 SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS Shareholder Against No No
08 OPTIONS OR STOCK GRANTS BASED ON TRACKING STOCK Management Against No No
09 DIVERSITY REPORT ON OPTION GRANTS TO EMPLOYEES Management Against No No
10 REPORT ON POLITICAL CONTRIBUTIONS Shareholder Against No No
11 COLLECTION OF UNIVERSAL SERVICE AND NUMBER PORTABILIY Shareholder Against No No
FEES
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 104 18,000 18,000 04/20/2004
- ------------------------------------------------------------------------------------------------------------------------------------
DTE ENERGY COMPANY DTE Annual Meeting Date: 04/29/2004
Issuer: 233331 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 INDEPENDENT AUDITORS Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 107 6,500 6,500 04/26/2004
- ------------------------------------------------------------------------------------------------------------------------------------
NSTAR NST Annual Meeting Date: 04/29/2004
Issuer: 67019E ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 SHAREHOLDER PROPOSAL REGARDING CHARITABLE CONTRIBUTION Shareholder Against No No
DISCLOSURE.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 107 35,000 35,000 04/26/2004
- ------------------------------------------------------------------------------------------------------------------------------------
SBC COMMUNICATIONS INC. SBC Annual Meeting Date: 04/30/2004
Issuer: 78387G ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management Unvoted No
02 APPOINTMENT OF INDEPENDENT AUDITORS. Management Unvoted No
03 APPROVE AN AMENDMENT TO SBC S BYLAWS. Management Unvoted No
04 STOCKHOLDER PROPOSAL A. Shareholder Unvoted No
05 STOCKHOLDER PROPOSAL B. Shareholder Unvoted No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 103 10,000 0
- ------------------------------------------------------------------------------------------------------------------------------------
CINERGY CORP. CIN Annual Meeting Date: 05/04/2004
Issuer: 172474 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF DELOITTE & TOUCHE LLP AS THE Management For No No
COMPANY S INDEPENDENT AUDITORS.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 108 14,000 14,000 04/28/2004
- ------------------------------------------------------------------------------------------------------------------------------------
GREAT PLAINS ENERGY INCORPORATED GXP Annual Meeting Date: 05/04/2004
Issuer: 391164 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF APPOINTMENT OF DELOITTE & TOUCHE Management For No No
LLP AS INDEPENDENT AUDITORS FOR 2004.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 100 25,000 25,000 04/02/2004
- ------------------------------------------------------------------------------------------------------------------------------------
AQUILA, INC. ILA Annual Meeting Date: 05/05/2004
Issuer: 03840P ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 102 180,000 180,000 04/29/2004
- ------------------------------------------------------------------------------------------------------------------------------------
EL PASO ELECTRIC COMPANY EE Annual Meeting Date: 05/05/2004
Issuer: 283677 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 854 75,000 75,000 04/08/2004
- ------------------------------------------------------------------------------------------------------------------------------------
WISCONSIN ENERGY CORPORATION WEC Annual Meeting Date: 05/05/2004
Issuer: 976657 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 APPROVE AMENDING THE BYLAWS TO DECLASSIFY THE Management For No No
BOARD AND ALLOW FOR ANNUAL ELECTION OF ALL DIRECTORS.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 106 20,000 20,000 04/29/2004
- ------------------------------------------------------------------------------------------------------------------------------------
SOUTHWEST GAS CORPORATION SWX Annual Meeting Date: 05/06/2004
Issuer: 844895 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management Cumulated votes No
for Michael Melarkey
and Sal Zizza who
was nominated
from the floor
02 TO APPROVE THE AMENDED AND RESTATED MANAGEMENT Management Against Yes No
INCENTIVE PLAN.
03 TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS Management For No No
LLP AS INDEPENDENT PUBLIC ACCOUNTANTS OF THE COMPANY.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 102 20,000 20,000 05/06/2004
- ------------------------------------------------------------------------------------------------------------------------------------
UNISOURCE ENERGY CORPORATION UNS Annual Meeting Date: 05/07/2004
Issuer: 909205 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 106 55,000 55,000 05/06/2004
- ------------------------------------------------------------------------------------------------------------------------------------
ALLETE, INC. ALE Annual Meeting Date: 05/11/2004
Issuer: 018522 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Management For No No
LLP AS INDEPENDENT AUDITORS.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 102 10,000 10,000 05/07/2004
- ------------------------------------------------------------------------------------------------------------------------------------
MAINE AND MARITIMES CORP MAM Annual Meeting Date: 05/11/2004
Issuer: 560377 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 AMENDING THE COMPANY S CHARTER TO INCREASE THE Management For No No
MAXIMUM AGE DIRECTORS MAY STAND FOR ELECTION
TO 78.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 103 24,700 24,700 05/06/2004
- ------------------------------------------------------------------------------------------------------------------------------------
MGE ENERGY, INC. MGEE Annual Meeting Date: 05/11/2004
Issuer: 55277P ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 104 16,000 16,000 05/06/2004
- ------------------------------------------------------------------------------------------------------------------------------------
NISOURCE INC. NI Annual Meeting Date: 05/11/2004
Issuer: 65473P ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF INDEPENDENT PUBLIC ACCOUNTANTS. Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 105 18,000 18,000 05/06/2004
- ------------------------------------------------------------------------------------------------------------------------------------
NORTHEAST UTILITIES NU Annual Meeting Date: 05/11/2004
Issuer: 664397 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT Management For No No
AUDITORS FOR 2004.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 106 40,000 40,000 05/06/2004
- ------------------------------------------------------------------------------------------------------------------------------------
PROGRESS ENERGY, INC. PGN Annual Meeting Date: 05/12/2004
Issuer: 743263 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 SHAREHOLDER PROPOSAL RELATING TO STOCK OPTIONS Shareholder For Yes No
FOR DIRECTORS AND CERTAIN EXECUTIVE OFFICERS
AS SET FORTH IN THE PROXY STATEMENT.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 105 26,000 26,000 05/10/2004
- ------------------------------------------------------------------------------------------------------------------------------------
UIL HOLDINGS CORPORATION UIL Annual Meeting Date: 05/12/2004
Issuer: 902748 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS Management For No No
LLP AS UIL HOLDINGS CORPORATION S INDEPENDENT
PUBLIC ACCOUNTANTS FOR 2004.
03 PROPOSAL TO APPROVE THE UIL HOLDINGS CORPORATION Management For No No
SENIOR EXECUTIVE INCENTIVE COMPENSATION PROGRAM.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 102 2,000 2,000 05/11/2004
- ------------------------------------------------------------------------------------------------------------------------------------
ALLEGHENY ENERGY, INC. AYE Annual Meeting Date: 05/13/2004
Issuer: 017361 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 APPROVAL OF ELIMINATION OF CUMULATIVE VOTING Management Against Yes No
IN THE ELECTION OF DIRECTORS.
03 APPROVAL OF DIRECTOR EQUITY COMPENSATION PLAN. Management For No No
04 APPROVAL OF ANNUAL INCENTIVE PLAN. Management For No No
05 RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS Management For No No
LLP AS INDEPENDENT AUDITORS.
06 STOCKHOLDER PROPOSAL REGARDING SIMPLE MAJORITY Management For No No
VOTE.
07 STOCKHOLDER PROPOSAL REGARDING SHAREHOLDER INPUT Management For No No
ON POISON PILLS.
08 STOCKHOLDER PROPOSAL TO ELECT EACH DIRECTOR ANNUALLY. Management For No No
09 STOCKHOLDER PROPOSAL REGARDING INDEPENDENT BOARD Shareholder Against No No
CHAIRMAN.
10 STOCKHOLDER PROPOSAL REGARDING EXPENSING STOCK Shareholder Against No No
OPTIONS.
11 STOCKHOLDER PROPOSAL REGARDING RETENTION OF Shareholder Against No No
STOCK OBTAINED THROUGH OPTIONS.
12 STOCKHOLDER PROPOSAL REGARDING AUDITOR FEES. Shareholder Against No No
13 STOCKHOLDER PROPOSAL REGARDING PRE-EMPTIVE RIGHTS. Shareholder For Yes No
14 STOCKHOLDER PROPOSAL REGARDING REINCORPORATION Shareholder Against No No
IN DELAWARE.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 106 192,000 192,000 05/12/2004
- ------------------------------------------------------------------------------------------------------------------------------------
DUKE ENERGY CORPORATION DUK Annual Meeting Date: 05/13/2004
Issuer: 264399 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF DELOITTE & TOUCHE LLP AS DUKE Management For No No
ENERGY S INDEPENDENT AUDITORS FOR 2004.
03 A SHAREHOLDER PROPOSAL RELATING TO DECLASSIFICATION Shareholder Against No No
OF DUKE ENERGY S BOARD OF DIRECTORS, IF PROPERLY
PRESENTED AT THE ANNUAL MEETING.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 106 50,000 50,000 05/11/2004
- ------------------------------------------------------------------------------------------------------------------------------------
ENTERGY CORPORATION ETR Annual Meeting Date: 05/14/2004
Issuer: 29364G ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF EXTERNAL AUDITORS. Management For No No
03 STOCKHOLDER PROPOSAL REGARDING LIMITING BENEFITS Management Against Yes No
PAYABLE UNDER SEVERANCE AGREEMENTS.
04 STOCKHOLDER PROPOSAL REGARDING CUMULATIVE VOTING. Shareholder Against No No
05 STOCKHOLDER PROPOSAL REGARDING COMPENSATION FOR Shareholder Against No No
THE TOP FIVE EXECUTIVES.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 103 4,000 4,000 05/12/2004
- ------------------------------------------------------------------------------------------------------------------------------------
CONSOLIDATED EDISON, INC. ED Annual Meeting Date: 05/17/2004
Issuer: 209115 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF APPOINTMENT OF INDEPENDENT ACCOUNTANTS. Management For No No
03 APPROVAL OF STOCK PURCHASE PLAN. Management For No No
04 ADDITIONAL COMPENSATION INFORMATION. Shareholder Against No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 104 10,000 10,000 05/12/2004
- ------------------------------------------------------------------------------------------------------------------------------------
FIRSTENERGY CORP. FE Annual Meeting Date: 05/18/2004
Issuer: 337932 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 107 20,000 Unvoted
- ------------------------------------------------------------------------------------------------------------------------------------
WESTAR ENERGY, INC. WR Annual Meeting Date: 05/18/2004
Issuer: 95709T ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION AND CONFIRMATION OF DELOITTE & TOUCHE Management For No No
LLP AS COMPANY AUDITORS
03 SHAREHOLDER PROPOSAL REGARDING THE PROCESS FOR Shareholder Against No No
NOMINATION OF A DIRECTOR
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 100 32,800 32,800 05/14/2004
- ------------------------------------------------------------------------------------------------------------------------------------
AT&T WIRELESS SERVICES, INC. AWE Annual Meeting Date: 05/19/2004
Issuer: 00209A ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 APPROVE AND ADOPT THE AGREEMENT AND PLAN OF MERGER, Management For No No
DATED AS OF FEBRUARY 17, 2004, BY AND AMONG AT&T
WIRELESS SERVICES, INC., CINGULAR WIRELESS
CORPORATION, CINGULAR WIRELESS LLC, AND SOLELY
WITH RESPECT TO SECTION 5.3, 6.1(B) AND ARTICLE IX
OF THE AGREEMENT AND PLAN OF MERGER, SBC
COMMUNICATIONS INC. AND BELLSOUTH CORPORATION.
02 DIRECTOR Management For No No
03 RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Management For No No
LLP AS OUR INDEPENDENT AUDITORS.
04 VOTE ON SHAREHOLDER PROPOSAL ON EXECUTIVE COMPENSATION Shareholder Against No No
PROGRAM.
05 VOTE ON SHAREHOLDER PROPOSAL ON DISCONTINUING Shareholder Against No No
CERTAIN EXECUTIVE COMPENSATION.
06 VOTE ON SHAREHOLDER PROPOSAL ON VOTE REQUIREMENT Shareholder Against No No
FOR DIRECTOR ELECTIONS.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 106 120,000 120,000 05/14/2004
- ------------------------------------------------------------------------------------------------------------------------------------
MIDDLESEX WATER COMPANY MSEX Annual Meeting Date: 05/19/2004
Issuer: 596680 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 APPROVE THE APPOINTMENT OF DELOITTE & TOUCHE Management For No No
LLP AS AUDITORS FOR THE COMPANY FOR THE YEAR 2004.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 108 5,333 5,333 05/14/2004
- ------------------------------------------------------------------------------------------------------------------------------------
EDISON INTERNATIONAL EIX Annual Meeting Date: 05/20/2004
Issuer: 281020 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 SHAREHOLDER PROPOSAL ON SHAREHOLDER RIGHTS AGREEMENT. Shareholder Against No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 107 52,000 52,000 05/18/2004
- ------------------------------------------------------------------------------------------------------------------------------------
GREEN MOUNTAIN POWER CORPORATION GMP Annual Meeting Date: 05/20/2004
Issuer: 393154 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 THE PROPOSAL TO RATIFY THE APPOINTMENT OF DELOITTE Management For No No
& TOUCHE AS THE INDEPENDENT ACCOUNTANTS FOR THE
COMPANY FOR 2004.
03 THE PROPOSAL TO AMEND AND RESTATE THE COMPANY S Management For No No
RESTATED ARTICLES OF ASSOCIATION.
04 THE PROPOSAL TO APPROVE THE 2004 STOCK INCENTIVE Management Against Yes No
PLAN.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 109 22,000 22,000 05/18/2004
- ------------------------------------------------------------------------------------------------------------------------------------
KEYSPAN CORPORATION KSE Annual Meeting Date: 05/20/2004
Issuer: 49337W ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT Management For No No
PUBLIC ACCOUNTANTS.
03 SHAREHOLDER PROPOSAL ON SHAREHOLDER RIGHTS PLAN. Shareholder For Yes No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 100 30,000 30,000 05/19/2004
- ------------------------------------------------------------------------------------------------------------------------------------
OGE ENERGY CORP. OGE Annual Meeting Date: 05/20/2004
Issuer: 670837 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 103 35,000 35,000 05/18/2004
- ------------------------------------------------------------------------------------------------------------------------------------
ONEOK, INC. OKE Annual Meeting Date: 05/20/2004
Issuer: 682680 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 TO RATIFY AND APPROVE THE APPOINTMENT OF KPMG Management For No No
LLP AS INDEPENDENT AUDITOR OF THE CORPORATION
FOR THE 2004 FISCAL YEAR.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 103 30,000 30,000 05/18/2004
- ------------------------------------------------------------------------------------------------------------------------------------
XCEL ENERGY INC. XEL Annual Meeting Date: 05/20/2004
Issuer: 98389B ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 TO AMEND OUR BYLAWS TO ELIMINATE THE CLASSIFICATION Management For No No
OF THE BOARD OF DIRECTORS.
02 DIRECTOR Management For No No
03 TO APPROVE THE STOCK EQUIVALENT PLAN FOR NON-EMPLOYEE Management For No No
DIRECTORS.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 100 100,000 100,000 05/18/2004
- ------------------------------------------------------------------------------------------------------------------------------------
CONSTELLATION ENERGY GROUP, INC. CEG Annual Meeting Date: 05/21/2004
Issuer: 210371 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS Management For No No
INDEPENDENT AUDITORS FOR 2004.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 100 17,000 17,000 05/19/2004
- ------------------------------------------------------------------------------------------------------------------------------------
ENEL SOCIETA PER AZIONI MIX Meeting Date: 05/21/2004
Issuer: T3679P115 ISIN: IT0003128367 BLOCKING
SEDOL: 7144569, 7588123
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
* PLEASE NOTE IN THE EVENT THE MEETING DOES NOT Non-Voting Non-Vote Proposal No
REACH QUORUM, THERE WILL BE A SECOND CALL ON 22
MAY 2004 CONSEQUENTLY, YOUR VOTING INSTRUCTIONS
WILL REMAIN VALID FOR ALL CALLS UNLESS THE AGENDA
IS AMENDED. PLEASE BE ALSO ADVISED THAT YOUR
SHARES WILL BE BLOCKED UNTIL THE QUORUM IS MET OR
THE MEETING IS CANCELLED. THANK YOU.
O.1 APPROVE THE BALANCE SHEET REPORTS AS OF 31 DEC Management For No
2003, THE BOARD OF DIRECTORS , INTERNAL AUDITORS
AND EXTERNAL AUDITORS REPORTS AND CONSOLIDATED
BALANCE SHEET REPORTS AS OF 31 DEC 2003
O.2 APPROVE THE PROFIT ALLOCATION AND AVAILABLE RESERVES Management For No
DISTRIBUTION
O.3 APPOINT THE INTERNAL AUDITORS Management For No
O.4 APPROVE TO STATE EFFECTIVE AUDITORS EMOLUMENTS Management For No
E.1 AMEND THE BY-LAWS IN ORDER TO COPE WITH COMPANY Management For No
LAW REFORM LEGISLATIVE DECREE N.6/2003 AND WITH
THE NEW RULES OF ITALIAN STATE SPECIAL POWER AS
PER ORDINARY LAW N.474/1994 INCLUDED IN ARTICLE 4,
SUB-SECTION 227 OF THE ORDINARY LAW N.350/2003;
AND SOME ARTICLES OF THE BY-LAWS
E.2 AUTHORIZE THE BOARD OF DIRECTORS TO INCREASE Management For No
STOCK CAPITAL, TO BE RESERVED TO STOCK OPTION PLAN
2004 UP TO A MAXIMUM AMOUNT OF EUR 38.527.550, BY
ISSUING ORDINARY SHARES RESERVED TO ENEL S.P.A.
AND/OR CONTROLLED COMPANY MANAGEMENT; AND AMEND AN
ARTICLE OF THE BY-LAWS
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND G019 105,400 105,400 05/18/2004
- ------------------------------------------------------------------------------------------------------------------------------------
FPL GROUP, INC. FPL Annual Meeting Date: 05/21/2004
Issuer: 302571 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF THE APPOINTMENT OF DELOITTE & Management For No No
TOUCHE LLP AS AUDITORS.
03 APPROVAL OF THE AMENDED AND RESTATED LONG TERM Management For No No
INCENTIVE PLAN, IN AN AMENDED FORM.
04 APPROVAL OF THE ANNUAL INCENTIVE PLAN AS REQUIRED Management For No No
BY THE INTERNAL REVENUE CODE.
05 APPROVAL OF THE PERFORMANCE-BASED AWARDS PROVISIONS Management For No No
OF THE AMENDED AND RESTATED LONG TERM INCENTIVE
PLAN AS REQUIRED BY THE INTERNAL REVENUE CODE.
06 APPROVAL OF AN AMENDMENT TO THE RESTATED ARTICLES Shareholder For No No
OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED
SHARES OF COMMON STOCK.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 104 20,000 20,000 05/18/2004
- ------------------------------------------------------------------------------------------------------------------------------------
PEPCO HOLDINGS, INC. POM Annual Meeting Date: 05/21/2004
Issuer: 713291 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 SHAREHOLDER PROPOSAL: EVELYN Y. DAVIS - REQUIRE Shareholder Against No No
ELECTION OF ALL DIRECTORS ANNUALLY
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 102 32,000 32,000 05/19/2004
- ------------------------------------------------------------------------------------------------------------------------------------
TXU CORP. TXU Annual Meeting Date: 05/21/2004
Issuer: 873168 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 APPROVAL OF AUDITORS - DELOITTE & TOUCHE LLP Management For No No
03 SHAREHOLDER PROPOSAL RELATED TO OFFICERS SALES Shareholder Against No No
OF RESTRICTED STOCK
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 108 10,000 10,000 05/19/2004
- ------------------------------------------------------------------------------------------------------------------------------------
FLORIDA PUBLIC UTILITIES COMPANY FPU Annual Meeting Date: 05/25/2004
Issuer: 341135 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 TO RATIFY THE APPOINTMENT OD BDO SEIDMAN, LLP Management For No No
AS AUDITORS FOR THE COMPANY.
03 TO CONSIDER AND VOTE UPON A PROPOSAL TO APPROVE Shareholder For No No
AND ADOPT AN AMENDMENT TO THE COMPANY S CERTIFICATE
OF REINCORPORATION, TO INCREASE THE NUMBER OF
AUTHORIZED SHARES OF COMMON STOCK FROM 6,000,000
TO 10,000,000 SHARES.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 101 4,200 4,200 05/20/2004
- ------------------------------------------------------------------------------------------------------------------------------------
BLACK HILLS CORPORATION BKH Annual Meeting Date: 05/26/2004
Issuer: 092113 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP Management For No No
TO SERVE AS BLACK HILLS CORPORATION S INDEPENDENT
AUDITORS IN 2004.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 109 10,000 10,000 05/21/2004
- ------------------------------------------------------------------------------------------------------------------------------------
THE SOUTHERN COMPANY SO Annual Meeting Date: 05/26/2004
Issuer: 842587 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF THE APPOINTMENT OF DELOITTE & Management For No No
TOUCHE AS INDEPENDENT AUDITORS FOR 2004
03 APPROVAL OF OUTSIDE DIRECTORS STOCK PLAN Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 107 20,000 20,000 05/21/2004
- ------------------------------------------------------------------------------------------------------------------------------------
DUQUESNE LIGHT HOLDINGS, INC. Annual Meeting Date: 05/27/2004
Issuer: 266233 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 APPROVAL OF AMENDMENTS TO THE 2002 LONG-TERM Management For No No
INCENTIVE PLAN
03 RATIFICATION OF AUDITORS-DELOITTE & TOUCHE LLP Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 105 50,000 50,000 05/21/2004
- ------------------------------------------------------------------------------------------------------------------------------------
CMS ENERGY CORPORATION CMS Annual Meeting Date: 05/28/2004
Issuer: 125896 ISIN:
SEDOL:
- ------------------------------------------------------------------------------------------------------------------------------------
Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 RATIFICATION OF INDEPENDENT AUDITORS. Management For No No
03 PROPOSAL TO AMEND PERFORMANCE INCENTIVE STOCK Management For No No
PLAN.
04 PROPOSAL TO APPROVE DEDUCTIBILITY OF INCENTIVE Management For No No
AWARDS.
05 PROPOSAL TO AMEND ARTICLES OF INCORPORATION. Management For No No
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
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GABELLI UTILITIES FUND 997G019 100 149,000 149,000 05/24/2004
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ENERGY EAST CORPORATION EAS Annual Meeting Date: 06/18/2004
Issuer: 29266M ISIN:
SEDOL:
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Vote Group: GLOBAL
Proposal Proposal Vote Against Contrary to
Number Proposal Type Cast Mgmt. Policy
- ------------------------------------------------------------------------------------------------------------------------------------
01 DIRECTOR Management For No No
02 TO APPROVE AN AMENDMENT TO THE CERTIFICATE OF Management For No No
INCORPORATION TO ELIMINATE THE CLASSIFICATION
OF THE BOARD OF DIRECTORS.
03 TO APPROVE AN AMENDMENT TO THE CERTIFICATE OF Management Against Yes No
INCORPORATION TO ELIMINATE CUMULATIVE VOTING
IN THE ELECTION OF DIRECTORS.
04 TO APPROVE AN EXISTING EMPLOYEE STOCK PURCHASE Management For No No
PLAN.
05 TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Management For No No
LLP AS INDEPENDENT PUBLIC ACCOUNTANTS.
Custodian Stock Ballot Voted Vote
Account Name Account Class Shares Shares Date
--------------------------------------------------------------------------------------------------------------------------
GABELLI UTILITIES FUND 997G019 109 70,000 70,000 06/10/2004
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 The Gabelli Utilities Fund
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By (Signature and Title)* /s/ Bruce N. Alpert
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Bruce N. Alpert, Principal Executive Officer
(Principal Executive Officer)
Date August 18, 2004
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*Print the name and title of each signing officer under his or her signature.