Form N-PX
Annual Report of Proxy Voting Record of
Expedition Funds
Investment Company Act File Number: 811-05900
Registrant
Expedition Funds
C/O SEI Investment Management
One Freedom Valley Drive
Oaks, PA 19456
610.676.1000
Agent for Service
James F. Volk
Chief Executive Officer
Expedition Funds
C/O SEI Investment Management
One Freedom Valley Drive
Oaks, PA 19456
Date of Reporting Period: July 1, 2003 to June 30, 2004
Non-Voting Funds
Expedition Tax Free Investment Grade Bond Fund
The Expedition Tax Free Investment Grade Bond Fund invests in securities that do
not have voting rights. No votes have been cast on securities by this fund
during the reporting period.
Expedition Investment Grade Bond Fund
The Expedition Investment Grade Bond Fund invests in securities that do not have
voting rights. No votes have been cast on securities by this fund during the
reporting period.
Expedition Money Market Fund
The Expedition Money Market Fund invests in securities that do not have voting
rights. No votes have been cast on securities by this fund during the reporting
period.
Expedition Tax Free Money Market Fund
The Expedition Tax Free Money Market Fund invests in securities that do not have
voting rights. No votes have been cast on securities by this fund during the
reporting period.
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
Alcoa Inc.
13817101 AA
04/30/04 Annual Meeting
1.1 Elect Director Alain J.P. Belda Management For For
1.2 Elect Director Carlos Ghosn Management For For
1.3 Elect Director Henry B. Schacht Management For For
1.4 Elect Director Franklin A. Thomas Management For For
2 Approve Omnibus Stock Plan Management For For
3 Report on Pay Disparity Shareholder Against Against
4 Submit Severance Agreement (Change-in-Control) to
Shareholder Vote Shareholder Against Against
American Express Co.
25816109 AXP
04/26/04 Annual Meeting
1.1 Elect Director Daniel F. Akerson Management For For
1.2 Elect Director Charlene Barshefsky Management For For
1.3 Elect Director William G. Bowen Management For For
1.4 Elect Director Ursula M. Burns Management For For
1.5 Elect Director Kenneth I. Chenault Management For For
1.6 Elect Director Peter R. Dolan Management For For
1.7 Elect Director Vernon E. Jordan, Jr. Management For For
1.8 Elect Director Jan Leschly Management For For
1.9 Elect Director Richard A. McGinn Management For For
1.1 Elect Director Edward D. Miller Management For For
1.11 Elect Director Frank P. Popoff Management For For
1.12 Elect Director Robert D. Walter Management For For
2 Ratify Auditors Management For For
3 Establish Term Limits for Directors Shareholder Against Against
4 Report on Political Contributions/Activities Shareholder Against Against
American International Group, Inc.
26874107 AIG
05/19/04 Annual Meeting
1.1 Elect Director M. Bernard Aidinoff Management For For
1.2 Elect Director Pei-Yuan Chia Management For For
1.3 Elect Director Marshall A. Cohen Management For For
1.4 Elect Director Willaim S. Cohen Management For For
1.5 Elect Director Martin S. Feldstein Management For For
1.6 Elect Director Ellen V. Futter Management For For
1.7 Elect Director Maurice R. Greenberg Management For For
1.8 Elect Director Carla A. Hills Management For For
1.9 Elect Director Frank J. Hoenemeyer Management For For
1.1 Elect Director Richard C. Holbrooke Management For For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
American International Group, Inc. (continued)
1.11 Elect Director Donald P. Kanak Management For For
1.12 Elect Director Howard I. Smith Management For For
1.13 Elect Director Martin J. Sullivan Management For For
1.14 Elect Director Edmund S.W. Tse Management For For
1.15 Elect Director Frank G. Zarb Management For For
2 Approve Executive Incentive Bonus Plan Management For For
3 Approve Non-Employee Director Stock Option Plan Management For For
4 Ratify Auditors Management For For
5 Report on Political Contributions/Activities Shareholder Against Against
6 Divest from Tobacco Equities Shareholder Against Against
7 Link Executive Compensation to Predatory Lending Shareholder Against Against
Amgen, Inc.
31162100 AMGN
05/13/04 Annual Meeting
1.1 Elect Director Frank J. Biondi, Jr. Management For For
1.2 Elect Director Jerry D. Choate Management For Withhold
1.3 Elect Director Frank C. Herringer Management For For
1.4 Elect Director Gilbert S. Omenn Management For For
2 Ratify Auditors Management For For
3 Prepare Glass Ceiling Report Shareholder Against Against
4 Expense Stock Options Shareholder Against For
Anheuser-Busch Companies, Inc.
35229103 BUD
04/28/04 Annual Meeting
1.1 Elect Director August A. Busch III Management For For
1.2 Elect Director Carlos Fernandez G. Management For For
1.3 Elect Director James R. Jones Management For For
1.4 Elect Director Andrew C. Taylor Management For For
1.5 Elect Director Douglas A. Warner III Management For For
2 Ratify Auditors Management For For
Apache Corp.
37411105 APA
05/06/04 Annual Meeting
1.1 Elect Director Eugene C. Fiedorek Management For For
1.2 Elect Director Patricia Albjerg Graham Management For For
1.3 Elect Director F. H. Merelli Management For Withhold
1.4 Elect Director Raymond Plank Management For For
2 Report on Greenhouse Gas Emissions Shareholder Against For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
Best Buy Co., Inc.
86516101 BBY
06/24/04 Annual Meeting
1.1 Elect Director Bradbury H. Anderson Management For For
1.2 Elect Director K.J. Higgins Victor Management For For
1.3 Elect Director Allen U. Lenzmeier Management For For
1.4 Elect Director Frank D. Trestman Management For For
1.5 Elect Director James C. Wetherbe Management For For
1.6 Elect Director Ronald James Management For For
1.7 Elect Director Matthew H. Paull Management For For
1.8 Elect Director Mary A. Tolan Management For For
2 Ratify Auditors Management For For
3 Approve Omnibus Stock Plan Management For For
C. R. Bard, Inc.
67383109 BCR
04/21/04 Annual Meeting
1.1 Elect Director Anthony Welters Management For For
1.2 Elect Director Tony L. White Management For For
1.3 Elect Director Theodore E. Martin Management For For
1.4 Elect Director Timothy M. Ring Management For For
2 Approve Omnibus Stock Plan Management For For
3 Amend Executive Incentive Bonus Plan Management For For
4 Ratify Auditors Management For For
Caterpillar Inc.
149123101 CAT
04/14/04 Annual Meeting
1.1 Elect Director John T. Dillon Management For For
1.2 Elect Director Juan Gallardo Management For For
1.3 Elect Director William A. Osborn Management For For
1.4 Elect Director Gordon R. Parker Management For For
1.5 Elect Director Edward B. Rust, Jr. Management For For
2 Amend Omnibus Stock Plan Management For For
3 Ratify Auditors Management For For
4 Submit Shareholder Rights Plan (Poison Pill) to
Shareholder Vote Shareholder Against For
5 Report on Equipment Sales to Israel Shareholder Against Against
6 Report on Operational Impact of HIV/AIDS, TB, and
Malaria Pandemic Shareholder Against Against
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
Citigroup Inc.
172967101 C
04/20/04 Annual Meeting
1.1 Elect Director C. Michael Armstrong Management For For
1.2 Elect Director Alain J.P. Belda Management For For
1.3 Elect Director George David Management For For
1.4 Elect Director Kenneth T. Derr Management For For
1.5 Elect Director John M. Deutch Management For For
1.6 Elect Director Roberto Hernandez Ramirez Management For For
1.7 Elect Director Ann Dibble Jordan Management For For
1.8 Elect Director Dudley C. Mecum Management For For
1.9 Elect Director Richard D. Parsons Management For For
1.1 Elect Director Andrall E. Pearson Management For For
1.11 Elect Director Charles Prince Management For For
1.12 Elect Director Robert E. Rubin Management For For
1.13 Elect Director Franklin A. Thomas Management For For
1.14 Elect Director Sanford I. Weill Management For For
1.15 Elect Director Robert B. Willumstad Management For For
2 Ratify Auditors Management For For
3 Limit Executive Compensation Shareholder Against Against
4 Report on Political Contributions/Activities Shareholder Against Against
5 Prohibit Awards to Executives Shareholder Against Against
6 Separate Chairman and CEO Positions Shareholder Against Against
Comcast Corp.
20030N101 CMCSA
05/26/04 Annual Meeting
1.1 Elect Director S. Decker Anstrom Management For For
1.2 Elect Director C. Michael Armstrong Management For For
1.3 Elect Director Kenneth J. Bacon Management For For
1.4 Elect Director Sheldon M. Bonovitz Management For For
1.5 Elect Director Julian A. Brodsky Management For For
1.6 Elect Director Joseph L. Castle, II Management For For
1.7 Elect Director J. Michael Cook Management For For
1.8 Elect Director Brian L. Roberts Management For For
1.9 Elect Director Ralph J. Roberts Management For For
1.1 Elect Director Dr. Judith Rodin Management For For
1.11 Elect Director Michael I. Sovern Management For For
2 Ratify Auditors Management For For
3 Amend Restricted Stock Plan Management For For
4 Amend Articles/Bylaws/Charter-Non-Routine Management For For
5 Require Two-Thirds Majority of Independent Directors
on Board Shareholder Against For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
Comcast Corp. (continued)
6 Political Contributions/Activities Shareholder Against Against
7 Nominate Two Directors for every open Directorships Shareholder Against Against
8 Limit Executive Compensation Shareholder Against Against
9 Adopt a Recapitalization Plan Shareholder Against For
ConocoPhillips
20825C104 COP
05/05/04 Annual Meeting
1.1 Elect Director David L. Boren Management For For
1.2 Elect Director James E. Copeland, Jr. Management For For
1.3 Elect Director Kenneth M. Duberstein Management For For
1.4 Elect Director Ruth R. Harkin Management For For
1.5 Elect Director William R. Rhodes Management For For
1.6 Elect Director J. Stapleton Roy Management For For
2 Ratify Auditors Management For For
3 Approve Omnibus Stock Plan Management For For
4 Limit Executive Compensation Shareholder Against Against
5 Limit Executive Compensation Shareholder Against Against
6 Report on Drilling in the Arctic National Wildlife Refuge Shareholder Against Against
Constellation Brands, Inc.
21036P108 STZ.B
07/20/04 Annual Meeting
1.1 Elect Director George Bresler Management For Withhold
1.2 Elect Director Jeananne K. Hauswald Management For Withhold
1.3 Elect Director James A. Locke III Management For Withhold
1.4 Elect Director Richard Sands Management For Withhold
1.5 Elect Director Robert Sands Management For Withhold
1.6 Elect Director Thomas C. Mcdermott Management For Withhold
1.7 Elect Director Paul L. Smith Management For Withhold
2 Ratify Auditors Management For Against
3 Amend Omnibus Stock Plan Management For Against
CVS Corporation
126650100 CVS
05/12/04 Annual Meeting
1.1 Elect Director W. Don Cornwell Management For For
1.2 Elect Director Thomas P. Gerrity Management For For
1.3 Elect Director Stanley P. Goldstein Management For For
1.4 Elect Director Marian L. Heard Management For For
1.5 Elect Director William H. Joyce Management For For
1.6 Elect Director Terry R. Lautenbach Management For For
1.7 Elect Director Terrence Murray Management For For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
CVS Corporation (continued)
1.8 Elect Director Sheli Z. Rosenberg Management For For
1.9 Elect Director Thomas M. Ryan Management For For
2 Amend Omnibus Stock Plan Management For For
3 Ratify Auditors Management For For
4 Limit Executive Compensation Shareholder Against Against
Dell Inc.
24702R101 DELL
07/16/04 Annual Meeting
1.1 Elect Director Donald J. Carty Management For For
1.2 Elect Director Michael S. Dell Management For For
1.3 Elect Director William H. Gray, III Management For For
1.4 Elect Director Judy C. Lewent Management For For
1.5 Elect Director Thomas W. Luce, III Management For For
1.6 Elect Director Klaus S. Luft Management For For
1.7 Elect Director Alex J. Mandl Management For For
1.8 Elect Director Michael A. Miles Management For For
1.9 Elect Director Samuel A. Nunn, Jr. Management For For
1.1 Elect Director Kevin B. Rollins Management For For
2 Ratify Auditors Management For For
3 Expense Stock Options Shareholder Against For
Exelon Corp
30161N101 EXC
04/27/04 Annual Meeting
1.1 Elect Director Nicholas DeBenedictis Management For For
1.2 Elect Director G. Fred Dibona, Jr. Management For For
1.3 Elect Director Sue L. Gin Management For For
1.4 Elect Director Edgar D. Jannotta Management For For
2 Ratify Auditors Management For For
3 Approve Executive Incentive Bonus Plan Management For For
First Data Corp.
319963104 FDC
05/19/04 Annual Meeting
1.1 Elect Director Henry C. Duques Management For For
1.2 Elect Director Charles T. Fote Management For For
1.3 Elect Director Richard P. Kiphart Management For For
1.4 Elect Director Joan E. Spero Management For For
2 Ratify Auditors Management For For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
Gannett Co., Inc.
364730101 GCI
05/04/04 Annual Meeting
1.1 Elect Director James A. Johnson Management For For
1.2 Elect Director Douglas H. McCorkindale Management For For
1.3 Elect Director Stephen P. Munn Management For For
2 Ratify Auditors Management For For
3 Amend Omnibus Stock Plan Management For For
4 Limit Executive Compensation Shareholder Against Against
General Electric Co.
369604103 GE
04/28/04 Annual Meeting
1.1 Elect Director James I. Cash, Jr. Management For For
1.2 Elect Director Dennis D. Dammerman Management For For
1.3 Elect Director Ann M. Fudge Management For For
1.4 Elect Director Claudio X. Gonzalez Management For Withhold
1.5 Elect Director Jeffrey R. Immelt Management For For
1.6 Elect Director Andrea Jung Management For For
1.7 Elect Director Alan G. Lafley Management For For
1.8 Elect Director Kenneth G. Langone Management For For
1.9 Elect Director Ralph S. Larsen Management For For
1.1 Elect Director Rochelle B. Lazarus Management For For
1.11 Elect Director Sam Nunn Management For For
1.12 Elect Director Roger S. Penske Management For For
1.13 Elect Director Robert J. Swieringa Management For For
1.14 Elect Director Douglas A. Warner III Management For For
1.15 Elect Director Robert C. Wright Management For For
2 Ratify Auditors Management For For
3 Amend Omnibus Stock Plan Management For For
4 Provide for Cumulative Voting Shareholder Against Against
5 Eliminate Animal Testing Shareholder Against Against
6 Report on Nuclear Fuel Storage Risks Shareholder Against Against
7 Report on PCB Clean-up Shareholder Against Against
8 Report on Foreign Outsourcing Shareholder Against Against
9 Prepare Sustainability Report Shareholder Against Against
10 Limit Composition of Management Development and
Compensation Committee to Independent Directors Shareholder Against Against
11 Report on Pay Disparity Shareholder Against Against
12 Limit Awards to Executives Shareholder Against Against
13 Limit Board Service for Other Companies Shareholder Against For
14 Separate Chairman and CEO Positions Shareholder Against Against
15 Hire Advisor/Maximize Shareholder Value Shareholder Against Against
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
General Electric Co. (continued)
16 Adopt a Retention Ratio for Executives and Directors Shareholder Against Against
17 Require 70% to 80% Independent Board Shareholder Against Against
18 Report on Political Contributions/Activities Shareholder Against Against
Harrah's Entertainment, Inc.
413619107 HET
04/29/04 Annual Meeting
1.1 Elect Director Ralph Horn Management For For
1.2 Elect Director Gary W. Loveman Management For For
1.3 Elect Director Philip G. Satre Management For For
1.4 Elect Director Boake A. Sells Management For For
2 Approve Omnibus Stock Plan Management For For
3 Approve Executive Incentive Bonus Plan Management For For
4 Ratify Auditors Management For For
5 Report on Political Contributions/Activities Shareholder Against Against
Intel Corp.
458140100 INTC
05/19/04 Annual Meeting
1.1 Elect Director Craig R. Barrett Management For For
1.2 Elect Director Charlene Barshefsky Management For For
1.3 Elect Director E. John P. Browne Management For For
1.4 Elect Director Andrew S. Grove Management For For
1.5 Elect Director D. James Guzy Management For Withhold
1.6 Elect Director Reed E. Hundt Management For For
1.7 Elect Director Paul S. Otellini Management For For
1.8 Elect Director David S. Pottruck Management For For
1.9 Elect Director Jane E. Shaw Management For For
1.1 Elect Director John L. Thornton Management For For
1.11 Elect Director David B. Yoffie Management For For
2 Ratify Auditors Management For For
3 Approve Omnibus Stock Plan Management For For
4 Expense Stock Options Shareholder Against For
5 Limit/Prohibit Awards to Executives Shareholder Against For
6 Performance- Based/Indexed Options Shareholder Against For
International Business Machines Corp.
459200101 IBM
04/27/04 Annual Meeting
1.1 Elect Director Cathleen Black Management For For
1.2 Elect Director Kenneth I. Chenault Management For For
1.3 Elect Director Carlos Ghosn Management For For
1.4 Elect Director Nannerl O. Keohane Management For For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
International Business Machines Corp. (continued)
1.5 Elect Director Charles F. Knight Management For For
1.6 Elect Director Lucio A. Noto Management For For
1.7 Elect Director Samuel J. Palmisano Management For For
1.8 Elect Director John B. Slaughter Management For For
1.9 Elect Director Joan E. Spero Management For For
1.1 Elect Director Sidney Taurel Management For For
1.11 Elect Director Charles M. Vest Management For For
1.12 Elect Director Lorenzo H. Zambrano Management For For
2 Ratify Auditors Management For For
3 Ratify Auditors for the Company's Business Consulting Services Unit Management For For
4 Approve Executive Incentive Bonus Plan Management For For
5 Provide for Cumulative Voting Shareholder Against For
6 Amend Pension and Retirement Medical Insurance Plans Shareholder Against Against
7 Performance- Based Shareholder Against For
8 Expense Stock Options Shareholder Against For
9 Report on Executive Compensation Shareholder Against Against
10 China Principles Shareholder Against Against
11 Report on Political Contributions/Activities Shareholder Against Against
12 Report on Executive Compensation Shareholder Against Against
Invitrogen Corp.
46185R100 IVGN
04/29/04 Annual Meeting
1.1 Elect Director Raymond V. Dittamore Management For For
1.2 Elect Director Bradley G. Lorimier Management For For
1.3 Elect Director David U'Prichard, Ph.D. Management For For
2 Ratify Auditors Management For For
3 Approve Omnibus Stock Plan Management For For
4 Amend Employee Stock Purchase Plan Management For For
JP Morgan Chase & Co.
46625H100 JPM
05/25/04 Annual Meeting
1 Approve Merger Agreement Management For For
2.1 Elect Director Hans W. Becherer Management For For
2.2 Elect Director Frank A. Bennack, Jr. Management For For
2.3 Elect Director John H. Biggs Management For For
2.4 Elect Director Lawrence A. Bossidy Management For For
2.5 Elect Director Ellen V. Futter Management For For
2.6 Elect Director William H. Gray, III Management For For
2.7 Elect Director William B. Harrison, Jr Management For For
2.8 Elect Director Helene L. Kaplan Management For For
2.9 Elect Director Lee R. Raymond Management For For
2.1 Elect Director John R. Stafford Management For For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
JP Morgan Chase & Co. (continued)
3 Ratify Auditors Management For For
4 Amend Executive Incentive Bonus Plan Management For For
5 Adjourn Meeting Management For Against
6 Establish Term Limits for Directors Shareholder Against Against
7 Charitable Contributions Shareholder Against Against
8 Political Contributions Shareholder Against Against
9 Separate Chairman and CEO Positions Shareholder Against For
10 Provide Adequate Disclosure for over the counter
Derivatives Shareholder Against Against
11 Auditor Independence Shareholder Against Against
12 Submit Non-Employee Director Compensation to Vote Shareholder Against Against
13 Report on Pay Disparity Shareholder Against Against
L-3 Communications Holdings, Inc.
502424104 LLL
04/27/04 Annual Meeting
1.1 Elect Director Claude R. Canizares Management For For
1.2 Elect Director Thomas A. Corcoran Management For For
1.3 Elect Director Alan H. Washkowitz Management For For
2 Ratify Auditors Management For For
3 Amend Omnibus Stock Plan Management For For
4 Amend Omnibus Stock Plan Management For For
Lincoln National Corp.
534187109 LNC
05/13/04 Annual Meeting
1.1 Elect Director William J. Avery Management For For
1.2 Elect Director Jon A. Boscia Management For For
1.3 Elect Director Eric G. Johnson Management For For
1.4 Elect Director Glenn F. Tilton Management For For
2 Approve Deferred Compensation Plan Management For For
Marsh & McLennan Companies, Inc.
571748102 MMC
05/20/04 Annual Meeting
1.1 Elect Director Lewis W. Bernard Management For For
1.2 Elect Director Mathis Cabiallavetta Management For For
1.3 Elect Director Zachary W. Carter Management For For
1.4 Elect Director Robert F. Erburu Management For For
1.5 Elect Director Oscar Fanjul Management For For
1.6 Elect Director Ray J. Groves Management For For
2 Ratify Auditors Management For For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
Morgan Stanley
617446448 MWD
04/20/04 Annual Meeting
1.1 Elect Director John W. Madigan Management For Withhold
1.2 Elect Director Dr. Klaus Zumwinkel Management For For
1.3 Elect Director Sir Howard Davies Management For For
2 Ratify Auditors Management For For
3 Declassify the Board of Directors Shareholder Against For
4 Submit Severance Agreement (Change-in-Control) to
Shareholder Vote Shareholder Against For
5 Report on Political Contributions/Activities Shareholder Against Against
Mylan Laboratories Inc.
628530107 MYL
07/30/04 Annual Meeting
1.1 Elect Director Milan Puskar Management For For
1.2 Elect Director Robert J. Coury Management For For
1.3 Elect Director Wendy Cameron Management For For
1.4 Elect Director Laurence S. Delynn Management For Withhold
1.5 Elect Director Douglas J. Leech Management For Withhold
1.6 Elect Director Joseph C. Maroon, M.D. Management For For
1.7 Elect Director Rod Piatt Management For For
1.8 Elect Director Patricia A. Sunseri Management For For
1.9 Elect Director C.B. Todd Management For For
1.1 Elect Director R.L. Vanderveen, Ph.D. Management For For
1.11 Elect Director Stuart A. Williams, Esq Management For For
Nextel Communications, Inc.
65332V103 NXTL
05/27/04 Annual Meeting
1.1 Elect Director Keith J. Bane Management For For
1.2 Elect Director V. Janet Hill Management For For
2 Ratify Auditors Management For For
3 Amend Employee Stock Purchase Plan Management For For
Omnicom Group Inc.
681919106 OMC
05/25/04 Annual Meeting
1.1 Elect Director John D. Wren Management For For
1.2 Elect Director Bruce Crawford Management For For
1.3 Elect Director Robert Charles Clark Management For For
1.4 Elect Director Leonard S. Coleman, Jr. Management For For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
Omnicom Group Inc. (continued)
1.5 Elect Director Errol M. Cook Management For For
1.6 Elect Director Susan S. Denison Management For For
1.7 Elect Director Michael A. Henning Management For For
1.8 Elect Director John R. Murphy Management For For
1.9 Elect Director John R. Purcell Management For For
1.1 Elect Director Linda Johnson Rice Management For For
1.11 Elect Director Gary L. Roubos Management For For
2 Ratify Auditors Management For For
3 Approve Non-Employee Director Stock Option Plan Management For For
PerkinElmer Inc.
714046109 PKI
04/27/04 Annual Meeting
1.1 Elect Director Tamara J. Erickson Management For For
1.2 Elect Director Nicholas A. Lopardo Management For For
1.3 Elect Director Alexis P. Michas Management For For
1.4 Elect Director James C. Mullen Management For For
1.5 Elect Director Dr. Vicki L. Sato Management For For
1.6 Elect Director Gabriel Schmergel Management For For
1.7 Elect Director Kenton J. Sicchitano Management For For
1.8 Elect Director Gregory L. Summe Management For For
1.9 Elect Director G. Robert Tod Management For For
2 Ratify Auditors Management For For
3 Expense Stock Options Shareholder Against For
Pfizer Inc.
717081103 PFE
04/22/04 Annual Meeting
1.1 Elect Director Michael S. Brown Management For For
1.2 Elect Director M. Anthony Burns Management For For
1.3 Elect Director Robert N. Burt Management For For
1.4 Elect Director W. Don Cornwell Management For For
1.5 Elect Director William H. Gray III Management For For
1.6 Elect Director Constance J. Horner Management For For
1.7 Elect Director William R. Howell Management For For
1.8 Elect Director Stanley O. Ikenberry Management For For
1.9 Elect Director George A. Lorch Management For For
1.1 Elect Director Henry A. Mckinnell Management For For
1.11 Elect Director Dana G. Mead Management For For
1.12 Elect Director Franklin D. Raines Management For For
1.13 Elect Director Ruth J. Simmons Management For For
1.14 Elect Director William C. Steere, Jr. Management For For
1.15 Elect Director Jean-Paul Valles Management For For
2 Ratify Auditors Management For For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
Pfizer Inc. (continued)
3 Approve Omnibus Stock Plan Management For For
4 Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic Shareholder Against Against
5 Cease Political Contributions/Activities Shareholder Against Against
6 Report on Political Contributions/Activities Shareholder Against Against
7 Establish Term Limits for Directors Shareholder Against Against
8 Report on Drug Pricing Shareholder Against Against
9 Limit Awards to Executives Shareholder Against Against
10 Amend Animal Testing Policy Shareholder Against Against
SBC Communications Inc.
78387G103 SBC
04/30/04 Annual Meeting
1.1 Elect Director James E. Barnes Management For For
1.2 Elect Director James A. Henderson Management For For
1.3 Elect Director John B. McCoy Management For For
1.4 Elect Director S. Donley Ritchey Management For For
1.5 Elect Director Joyce M. Roche Management For For
1.6 Elect Director Patricia P. Upton Management For For
2 Ratify Auditors Management For For
3 Amend Bylaws Management For For
4 Report on Political Contributions/Activities Shareholder Against Against
5 Change Size of Board of Directors Shareholder Against Against
Schlumberger Ltd.
806857108 SLB
04/14/04 Annual Meeting
Meeting for Holders of ADRs
1.1 Elect Director J. Deutch Management For For
1.2 Elect Director J.S. Gorelick Management For For
1.3 Elect Director A. Gould Management For For
1.4 Elect Director T. Isaac Management For For
1.5 Elect Director A. Lajous Management For For
1.6 Elect Director A. Levy-Lang Management For For
1.7 Elect Director D. Primat Management For For
1.8 Elect Director T. Sandvold Management For For
1.9 Elect Director N. Seydoux Management For For
1.1 Elect Director L.G. Stuntz Management For For
2 Adoption and Approval of Financials and Dividends Management For For
3 Approval of Adoption of the 2004 Stock and Deferral
Plan for Non-Employee Directors Management For For
4 Approval of Auditors Management For For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
St. Jude Medical, Inc.
790849103 STJ
05/12/04 Annual Meeting
1.1 Elect Director Michael A. Rocca Management For For
1.2 Elect Director David A. Thompson Management For For
1.3 Elect Director Stefan K. Widensohler Management For For
2 Ratify Auditors Management For For
3 Approve Executive Incentive Bonus Plan Management For For
4 Increase Authorized Common Stock Management For For
5 Limit Executive Compensation Shareholder Against Against
Staples, Inc.
855030102 SPLS
06/17/04 Annual Meeting
1.1 Elect Director Arthur M. Blank Management For For
1.2 Elect Director Gary L. Crittenden Management For For
1.3 Elect Director Martin Trust Management For For
1.4 Elect Director Paul F. Walsh Management For For
2 Approve Omnibus Stock Plan Management For For
3 Amend Employee Stock Purchase Plan Management For For
4 Amend Employee Stock Purchase Plan Management For For
5 Ratify Auditors Management For For
6 Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote Shareholder Against Against
7 Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote Shareholder Against For
8 Limit Executive Compensation Shareholder Against Against
9 Prohibit Auditor from Providing Non-Audit Services Shareholder Against Against
Target Corporation
87612EAJ5 TGT
05/19/04 Annual Meeting
1.1 Elect Director Calvin Darden Management For For
1.2 Elect Director Michele J. Hooper Management For For
1.3 Elect Director Anne M. Mulcahy Management For For
1.4 Elect Director Stephen W. Sanger Management For For
1.5 Elect Director Warren R. Staley Management For For
2 Ratify Auditors Management For For
3 Amend Stock Option Plan Management For For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
The Allstate Corp.
20002101 ALL
05/18/04 Annual Meeting
1.1 Elect Director F. Duane Ackerman Management For For
1.2 Elect Director James G. Andress Management For For
1.3 Elect Director Edward A. Brennan Management For For
1.4 Elect Director W. James Farrell Management For For
1.5 Elect Director Jack M. Greenberg Management For For
1.6 Elect Director Ronald T. LeMay Management For For
1.7 Elect Director Edward M. Liddy Management For For
1.8 Elect Director J. Christopher Reyes Management For For
1.9 Elect Director H. John Riley, Jr. Management For For
1.1 Elect Director Joshua I. Smith Management For For
1.11 Elect Director Judith A. Sprieser Management For For
1.12 Elect Director Mary Alice Taylor Management For For
2 Ratify Auditors Management For For
3 Amend Executive Incentive Bonus Plan Management For For
4 Amend Executive Incentive Bonus Plan Management For For
5 Provide for Cumulative Voting Shareholder Against For
The Gillette Co.
375766102 G
05/20/04 Annual Meeting
1.1 Elect Director Edward F. DeGraan Management For Withhold
1.2 Elect Director Wilbur H. Gantz Management For Withhold
1.3 Elect Director James M. Kilts Management For Withhold
1.4 Elect Director Jorge Paulo Lemann Management For Withhold
2 Ratify Auditors Management For For
3 Approve Omnibus Stock Plan Management For For
4 Declassify the Board of Directors Shareholder Against For
5 Prohibit Auditor from Providing Non-Audit Services Shareholder Against Against
6 Expense Stock Options Shareholder Against For
United Technologies Corp.
913017109 UTX
04/14/04 Annual Meeting
1.1 Elect Director Betsy J. Bernard Management For For
1.2 Elect Director George David Management For For
1.3 Elect Director Jean-Pierre Garnier Management For For
1.4 Elect Director Jamie S. Gorelick Management For For
1.5 Elect Director Charles R. Lee Management For For
1.6 Elect Director Richard D. McCormick Management For For
1.7 Elect Director Harold McGraw III Management For For
Expedition Equity Fund
Proposal Proposed by Management Position Registrant Voted
United Technologies Corp. (continued)
1.8 Elect Director Frank P. Popoff Management For For
1.9 Elect Director H. Patrick Swygert Management For For
1.1 Elect Director Andre Villeneuve Management For For
1.11 Elect Director H. A. Wagner Management For For
1.12 Elect Director Christine Todd Whitman Management For For
2 Ratify Auditors Management For For
3 Disclosure of Executive Compensation Shareholder Against Against
4 Develop Ethical Criteria for Military Contracts Shareholder Against Against
5 Performance-Based/Indexed Options Shareholder Against For
6 Separate Chairman and CEO Positions Shareholder Against For
UnitedHealth Group Incorporated
91324P102 UNH
05/12/04 Annual Meeting
1.1 Elect Director William C. Ballard, Jr. Management For For
1.2 Elect Director Richard T. Burke Management For For
1.3 Elect Director Stephen J. Hemsley Management For For
1.4 Elect Director Donna E. Shalala Management For For
2 Ratify Auditors Management For For
3 Expense Stock Options Shareholder Against For
4 Limit Awards to Executives Shareholder Against Against
UTStarcom, Inc.
918076100 UTSI
05/14/04 Annual Meeting
1.1 Elect Director Thomas J. Toy Management For For
1.2 Elect Director Ying Wu Management For Withhold
2 Ratify Auditors Management For For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Ace Ltd.
CUSIP: G0070K103 Ticker: ACE
05/27/04 Annual Meeting
Meeting for Holders of ADRs
1.1 Elect Director Brian Duperreault Management For For
1.2 Elect Director Robert M. Hernandez Management For For
1.3 Elect Director Peter Menikoff Management For For
1.4 Elect Director Robert Ripp Management For For
1.5 Elect Director Dermot F. Smurfit Management For For
2 Proposal To Approve the Ace Limited 2004 Long-Term
Incentive Plan. Management For For
3 Proposal To Ratify the Appointment of
PriceWaterhouseCoopers LLP as the Independent
Accountants of Ace Limited For the Fiscal Year Ending
December 31, 2004. Management For For
ALLTEL Corp.
CUSIP: 20039103 Ticker: AT
04/22/04 Annual Meeting
1.1 Elect Director Scott T. Ford Management For For
1.2 Elect Director Lawrence L. Gellerstedt, III Management For For
1.3 Elect Director Emon A. Mahony, Jr. Management For For
1.4 Elect Director Ronald Townsend Management For For
2 Ratify Auditors Management For For
3 Amend EEO - Sexual Orientation Shareholder Against For
American International Group, Inc.
CUSIP: 26874107 Ticker: AIG
05/19/04 Annual Meeting
1.1 Elect Director M. Bernard Aidinoff Management For For
1.2 Elect Director Pei-Yuan Chia Management For For
1.3 Elect Director Marshall A. Cohen Management For For
1.4 Elect Director Willaim S. Cohen Management For For
1.5 Elect Director Martin S. Feldstein Management For For
1.6 Elect Director Ellen V. Futter Management For For
1.7 Elect Director Maurice R. Greenberg Management For For
1.8 Elect Director Carla A. Hills Management For For
1.9 Elect Director Frank J. Hoenemeyer Management For For
1.1 Elect Director Richard C. Holbrooke Management For For
1.11 Elect Director Donald P. Kanak Management For For
1.12 Elect Director Howard I. Smith Management For For
1.13 Elect Director Martin J. Sullivan Management For For
1.14 Elect Director Edmund S.W. Tse Management For For
1.15 Elect Director Frank G. Zarb Management For For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
American International Group, Inc. (continued)
2 Approve Executive Incentive Bonus Plan Management For For
3 Approve Non-Employee Director Stock Option Plan Management For For
4 Ratify Auditors Management For For
5 Report on Political Contributions/Activities Shareholder Against Against
6 Divest from Tobacco Equities Shareholder Against Against
7 Link Executive Compensation to Predatory Lending Shareholder Against Against
Anadarko Petroleum Corp.
CUSIP: 32511107 Ticker: APC
05/06/04 Annual Meeting
1.1 Elect Director Larry Barcus Management For For
1.2 Elect Director James L. Bryan Management For For
1.3 Elect Director James T. Hackett Management For For
2 Approve Executive Incentive Bonus Plan Management For For
3 Ratify Auditors Management For For
4 Report on Greenhouse Gas Emissions Shareholder Against For
Bank of America Corp.
CUSIP: 60505104 Ticker: BAC
05/26/04 Annual Meeting
1.1 Elect Director William Barnet, III Management For For
1.2 Elect Director Charles W. Coker Management For For
1.3 Elect Director John T. Collins Management For For
1.4 Elect Director Gary L. Countryman Management For For
1.5 Elect Director Paul Fulton Management For For
1.6 Elect Director Charles K. Gifford Management For For
1.7 Elect Director Donald E. Guinn Management For For
1.8 Elect Director James H. Hance, Jr. Management For For
1.9 Elect Director Kenneth D. Lewis Management For For
1.1 Elect Director Walter E. Massey Management For For
1.11 Elect Director Thomas J. May Management For For
1.12 Elect Director C. Steven Mcmillan Management For For
1.13 Elect Director Eugene M. Mcquade Management For For
1.14 Elect Director Patricia E. Mitchell Management For For
1.15 Elect Director Edward L. Romero Management For For
1.16 Elect Director Thomas M. Ryan Management For For
1.17 Elect Director O. Temple Sloan, Jr. Management For For
1.18 Elect Director Meredith R. Spangler Management For For
1.19 Elect Director Jackie M. Ward Management For For
2 Ratify Auditors Management For For
3 Change Date of Annual Meeting Shareholder Against Against
4 Adopt Nomination Procedures for the Board Shareholder Against Against
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Bank of America Corp. (continued)
5 Charitable Contributions Shareholder Against Against
6 Establish Independent Committee to Review Mutual
Fund Policy Shareholder Against Against
7 Adopt Standards Regarding Privacy and
Information Security Shareholder Against Against
BB&T Corporation
54937107 Ticker: BBT
04/27/04 Annual Meeting
1 Amend Articles Management For For
2 Amend Bylaws Management For Against
3.1 Elect Director John A. Allison Iv Management For For
3.2 Elect Director Ronald E. Deal Management For Withhold
3.3 Elect Director Tom D. Efird Management For For
3.4 Elect Director Albert O. Mccauley Management For For
3.5 Elect Director Barry J. Fitzpatrick Management For For
3.6 Elect Director J. Holmes Morrison Management For For
3.7 Elect Director Jennifer S. Banner Management For For
3.8 Elect Director Albert F. Zettlemoyer Management For Withhold
4 Approve Omnibus Stock Plan Management For For
5 Ratify Auditors Management For For
6 Review Executive Compensation Policy Shareholder Against For
Bellsouth Corp.
CUSIP: 79860102 Ticker: BLS
04/26/04 Annual Meeting
1.1 Elect Director James H. Blanchard Management For For
1.2 Elect Director Armando M. Codina Management For For
1.3 Elect Director Leo F. Mullin Management For For
2 Ratify Auditors Management For For
3 Declassify the Board of Directors Management For For
4 Approve Omnibus Stock Plan Management For For
5 Limit Executive Compensation Shareholder Against Against
6 Report on Pay Disparity Shareholder Against Against
7 Report on Political Contributions/Activities Shareholder Against Against
Centerpoint Energy Inc
CUSIP: 15189T107 Ticker: CNP
06/03/04 Annual Meeting
1.1 Elect Director Robert T. O'Connell Management For For
1.2 Elect Director Milton Carroll Management For For
1.3 Elect Director John T. Cater Management For For
1.4 Elect Director Michael E. Shannon Management For For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Centerpoint Energy Inc (continued)
2 Ratify Auditors Management For For
3 Limit Awards to Executives Shareholder Against Against
4 Declassify the Board of Directors Shareholder Against For
5 Other Business Management For Against
Citigroup Inc.
CUSIP: 172967101 Ticker: C
04/20/04 Annual Meeting
1.1 Elect Director C. Michael Armstrong Management For For
1.2 Elect Director Alain J.P. Belda Management For For
1.3 Elect Director George David Management For For
1.4 Elect Director Kenneth T. Derr Management For For
1.5 Elect Director John M. Deutch Management For For
1.6 Elect Director Roberto Hernandez Ramirez Management For For
1.7 Elect Director Ann Dibble Jordan Management For For
1.8 Elect Director Dudley C. Mecum Management For For
1.9 Elect Director Richard D. Parsons Management For For
1.1 Elect Director Andrall E. Pearson Management For For
1.11 Elect Director Charles Prince Management For For
1.12 Elect Director Robert E. Rubin Management For For
1.13 Elect Director Franklin A. Thomas Management For For
1.14 Elect Director Sanford I. Weill Management For For
1.15 Elect Director Robert B. Willumstad Management For For
2 Ratify Auditors Management For For
3 Limit Executive Compensation Shareholder Against Against
4 Report on Political Contributions/Activities Shareholder Against Against
5 Prohibit Awards to Executives Shareholder Against Against
6 Separate Chairman and CEO Positions Shareholder Against Against
Comcast Corp.
CUSIP: 20030N101 Ticker: CMCSA
05/26/04 Annual Meeting
1.1 Elect Director S. Decker Anstrom Management For For
1.2 Elect Director C. Michael Armstrong Management For For
1.3 Elect Director Kenneth J. Bacon Management For For
1.4 Elect Director Sheldon M. Bonovitz Management For For
1.5 Elect Director Julian A. Brodsky Management For For
1.6 Elect Director Joseph L. Castle, II Management For For
1.7 Elect Director J. Michael Cook Management For For
1.8 Elect Director Brian L. Roberts Management For For
1.9 Elect Director Ralph J. Roberts Management For For
1.1 Elect Director Dr. Judith Rodin Management For For
1.11 Elect Director Michael I. Sovern Management For For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Comcast Corp. (continued)
2 Ratify Auditors Management For For
3 Amend Restricted Stock Plan Management For For
4 Amend Articles/Bylaws/Charter-Non-Routine Management For For
5 Require Two-Thirds Majority of Independent Directors
on Board Shareholder Against For
6 Political Contributions/Activities Shareholder Against Against
7 Nominate Two Directors for every open Directorships Shareholder Against Against
8 Limit Executive Compensation Shareholder Against Against
9 Adopt a Recapitalization Plan Shareholder Against For
Crescent Real Estate Equities Company
CUSIP: 225756105 Ticker: CEI
06/28/04 Annual Meeting
1.1 Elect Director Dennis H. Alberts Management For For
1.2 Elect Director Terry N. Worrell Management For For
2 Ratify Auditors Management For For
CVS Corporation
CUSIP: 126650100 Ticker: CVS
05/12/04 Annual Meeting
1.1 Elect Director W. Don Cornwell Management For For
1.2 Elect Director Thomas P. Gerrity Management For For
1.3 Elect Director Stanley P. Goldstein Management For For
1.4 Elect Director Marian L. Heard Management For For
1.5 Elect Director William H. Joyce Management For For
1.6 Elect Director Terry R. Lautenbach Management For For
1.7 Elect Director Terrence Murray Management For For
1.8 Elect Director Sheli Z. Rosenberg Management For For
1.9 Elect Director Thomas M. Ryan Management For For
2 Amend Omnibus Stock Plan Management For For
3 Ratify Auditors Management For For
4 Limit Executive Compensation Shareholder Against Against
E.I. Du Pont De Nemours & Co.
CUSIP: 263534109 Ticker: DD
04/28/04 Annual Meeting
1.1 Elect Director Alain J. P. Belda Management For For
1.2 Elect Director Richard H. Brown Management For For
1.3 Elect Director Curtis J. Crawford Management For For
1.4 Elect Director John T. Dillon Management For For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
E.I. Du Pont De Nemours & Co. (continued)
1.5 Elect Director Louisa C. Duemling Management For For
1.6 Elect Director Charles O. Holliday, Jr. Management For For
1.7 Elect Director Deborah C. Hopkins Management For For
1.8 Elect Director Lois D. Juliber Management For For
1.9 Elect Director Masahisa Naitoh Management For For
1.1 Elect Director William K. Reilly Management For For
1.11 Elect Director H. Rodney Sharp, III Management For For
1.12 Elect Director Charles M. Vest Management For For
2 Ratify Auditors Management For For
3 Report on Executive Ties to Government Shareholder Against Against
4 Adopt and Report on a Code of Corporate Conduct Shareholder Against Against
5 Limit Executive Compensation Shareholder Against Against
Exelon Corp
CUSIP: 30161N101 Ticker: EXC
04/27/04 Annual Meeting
1.1 Elect Director Nicholas DeBenedictis Management For For
1.2 Elect Director G. Fred Dibona, Jr. Management For For
1.3 Elect Director Sue L. Gin Management For For
1.4 Elect Director Edgar D. Jannotta Management For For
2 Ratify Auditors Management For For
3 Approve Executive Incentive Bonus Plan Management For For
Exxon Mobil Corp.
CUSIP: 30231G102 Ticker: XOM
05/26/04 Annual Meeting
1.1 Elect Director Michael J. Boskin Management For For
1.2 Elect Director James R. Houghton Management For For
1.3 Elect Director William R. Howell Management For For
1.4 Elect Director Reatha Clark King Management For For
1.5 Elect Director Philip E. Lippincott Management For For
1.6 Elect Director Harry J. Longwell Management For For
1.7 Elect Director Henry A. McKinnell, Jr. Management For For
1.8 Elect Director Marilyn Carlson Nelson Management For For
1.9 Elect Director Lee R. Raymond Management For For
1.1 Elect Director Walter V. Shipley Management For For
1.11 Elect Director Rex W. Tillerson Management For For
2 Ratify Auditors Management For For
3 Approve Non-Employee Director Restricted Stock Plan Management For For
4 Affirm Political Nonpartisanship Shareholder Against Against
5 Report on Political Contributions/Activities Shareholder Against Against
6 Report on Equatorial Guinea Shareholder Against Against
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Exxon Mobil Corp. (continued)
7 Separate Chairman and CEO Positions Shareholder Against Against
8 Prohibit Awards to Executives Shareholder Against Against
9 Report on Stock Option Distribution by Race and Gender Shareholder Against Against
10 Amend EEO Statement to Include Reference to
Sexual Orientation Shareholder Against For
11 Report on Climate Change Research Shareholder Against Against
First Data Corp.
CUSIP: 319963104 Ticker: FDC
05/19/04 Annual Meeting
1.1 Elect Director Henry C. Duques Management For For
1.2 Elect Director Charles T. Fote Management For For
1.3 Elect Director Richard P. Kiphart Management For For
1.4 Elect Director Joan E. Spero Management For For
2 Ratify Auditors Management For For
Fortune Brands, Inc.
CUSIP: 349631101 Ticker: FO
04/27/04 Annual Meeting
1.1 Elect Director Anne M. Tatlock Management For Withhold
1.2 Elect Director Norman H. Wesley Management For Withhold
1.3 Elect Director Peter M. Wilson Management For Withhold
2 Ratify Auditors Management For For
3 Submit Shareholder Rights Plan (Poison Pill) to
Shareholder Vote Shareholder Against For
General Dynamics Corp.
CUSIP: 369550108 Ticker: GD
05/05/04 Annual Meeting
1.1 Elect Director Nicholas D. Chabraja Management For For
1.2 Elect Director James S. Crown Management For For
1.3 Elect Director Lester Crown Management For For
1.4 Elect Director William P. Fricks Management For For
1.5 Elect Director Charles H. Goodman Management For For
1.6 Elect Director Jay L. Johnson Management For For
1.7 Elect Director George A. Joulwan Management For For
1.8 Elect Director Paul G. Kaminski Management For For
1.9 Elect Director John M. Keane Management For For
1.1 Elect Director Lester L. Lyles Management For For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
General Dynamics Corp. (continued)
1.11 Elect Director Carl E. Mundy, Jr. Management For For
1.12 Elect Director Robert Walmsley Management For For
2 Approve Omnibus Stock Plan Management For For
3 Submit Shareholder Rights Plan (Poison Pill) to
Shareholder Vote Shareholder Against For
4 Report on Foreign Military Sales Shareholder Against Against
General Electric Co.
CUSIP: 369604103 Ticker: GE
04/28/04 Annual Meeting
1.1 Elect Director James I. Cash, Jr. Management For For
1.2 Elect Director Dennis D. Dammerman Management For For
1.3 Elect Director Ann M. Fudge Management For For
1.4 Elect Director Claudio X. Gonzalez Management For Withhold
1.5 Elect Director Jeffrey R. Immelt Management For For
1.6 Elect Director Andrea Jung Management For For
1.7 Elect Director Alan G. Lafley Management For For
1.8 Elect Director Kenneth G. Langone Management For For
1.9 Elect Director Ralph S. Larsen Management For For
1.1 Elect Director Rochelle B. Lazarus Management For For
1.11 Elect Director Sam Nunn Management For For
1.12 Elect Director Roger S. Penske Management For For
1.13 Elect Director Robert J. Swieringa Management For For
1.14 Elect Director Douglas A. Warner III Management For For
1.15 Elect Director Robert C. Wright Management For For
2 Ratify Auditors Management For For
3 Amend Omnibus Stock Plan Management For For
4 Provide for Cumulative Voting Shareholder Against Against
5 Eliminate Animal Testing Shareholder Against Against
6 Report on Nuclear Fuel Storage Risks Shareholder Against Against
7 Report on PCB Clean-up Shareholder Against Against
8 Report on Foreign Outsourcing Shareholder Against Against
9 Prepare Sustainability Report Shareholder Against Against
10 Limit Composition of Management Development and
Compensation Committee to Independent Directors Shareholder Against Against
11 Report on Pay Disparity Shareholder Against Against
12 Limit Awards to Executives Shareholder Against Against
13 Limit Board Service for Other Companies Shareholder Against For
14 Separate Chairman and CEO Positions Shareholder Against Against
15 Hire Advisor/Maximize Shareholder Value Shareholder Against Against
16 Adopt a Retention Ratio for Executives and Directors Shareholder Against Against
17 Require 70% to 80% Independent Board Shareholder Against Against
18 Report on Political Contributions/Activities Shareholder Against Against
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Harrah's Entertainment, Inc.
CUSIP: 413619107 Ticker: HET
04/29/04 Annual Meeting
1.1 Elect Director Ralph Horn Management For For
1.2 Elect Director Gary W. Loveman Management For For
1.3 Elect Director Philip G. Satre Management For For
1.4 Elect Director Boake A. Sells Management For For
2 Approve Omnibus Stock Plan Management For For
3 Approve Executive Incentive Bonus Plan Management For For
4 Ratify Auditors Management For For
5 Report on Political Contributions/Activities Shareholder Against Against
International Paper Co.
CUSIP: 460146103 Ticker: IP
05/11/04 Annual Meeting
1.1 Elect Director Martha F. Brooks Management For For
1.2 Elect Director James A. Henderson Management For For
1.3 Elect Director Robert D. Kennedy Management For For
1.4 Elect Director W. Craig McClelland Management For Withhold
1.5 Elect Director Robert M. Amen Management For For
2 Ratify Auditors Management For For
3 Amend Omnibus Stock Plan Management For For
4 Amend Omnibus Stock Plan Management For For
5 Limit Executive Compensation Shareholder Against Against
Invitrogen Corp.
CUSIP: 46185R100 Ticker: IVGN
04/29/04 Annual Meeting
1.1 Elect Director Raymond V. Dittamore Management For For
1.2 Elect Director Bradley G. Lorimier Management For For
1.3 Elect Director David U'Prichard, Ph.D. Management For For
2 Ratify Auditors Management For For
3 Approve Omnibus Stock Plan Management For For
4 Amend Employee Stock Purchase Plan Management For For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
JP Morgan Chase & Co.
CUSIP: 46625H100 Ticker: JPM
05/25/04 Annual Meeting
1 Approve Merger Agreement Management For For
2.1 Elect Director Hans W. Becherer Management For For
2.2 Elect Director Frank A. Bennack, Jr. Management For For
2.3 Elect Director John H. Biggs Management For For
2.4 Elect Director Lawrence A. Bossidy Management For For
2.5 Elect Director Ellen V. Futter Management For For
2.6 Elect Director William H. Gray, III Management For For
2.7 Elect Director William B. Harrison, Jr Management For For
2.8 Elect Director Helene L. Kaplan Management For For
2.9 Elect Director Lee R. Raymond Management For For
2.1 Elect Director John R. Stafford Management For For
3 Ratify Auditors Management For For
4 Amend Executive Incentive Bonus Plan Management For For
5 Adjourn Meeting Management For Against
6 Establish Term Limits for Directors Shareholder Against Against
7 Charitable Contributions Shareholder Against Against
8 Political Contributions Shareholder Against Against
9 Separate Chairman and CEO Positions Shareholder Against For
10 Provide Adequate Disclosure for over the
counter Derivatives Shareholder Against Against
11 Auditor Independence Shareholder Against Against
12 Submit Non-Employee Director Compensation to Vote Shareholder Against Against
13 Report on Pay Disparity Shareholder Against Against
KeyCorp
CUSIP: 493267108 Ticker: KEY
05/13/04 Annual Meeting
1.1 Elect Director Alexander M. Cutler Management For For
1.2 Elect Director Douglas J. McGregor Management For For
1.3 Elect Director Eduardo R. Menasce Management For For
1.4 Elect Director Henry L. Meyer III Management For For
1.5 Elect Director Peter G. Ten Eyck, II Management For For
2 Approve Omnibus Stock Plan Management For For
3 Approve Executive Incentive Bonus Plan Management For For
4 Ratify Auditors Management For For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Merrill Lynch & Co., Inc.
CUSIP: 590188108 Ticker: MER
04/23/04 Annual Meeting
1.1 Elect Director David K. Newbigging Management For For
1.2 Elect Director Joseph W. Prueher Management For For
2 Ratify Auditors Management For For
3 Restore or Provide for Cumulative Voting Shareholder Against For
4 Separate Chairman and CEO Positions Shareholder Against For
Morgan Stanley
CUSIP: 617446448 Ticker: MWD
04/20/04 Annual Meeting
1.1 Elect Director John W. Madigan Management For Withhold
1.2 Elect Director Dr. Klaus Zumwinkel Management For For
1.3 Elect Director Sir Howard Davies Management For For
2 Ratify Auditors Management For For
3 Declassify the Board of Directors Shareholder Against For
4 Submit Severance Agreement (Change-in-Control) to
Shareholder Vote Shareholder Against For
5 Report on Political Contributions/Activities Shareholder Against Against
NOBLE CORP
CUSIP: G65422100 Ticker: NE
04/22/04 Annual Meeting
Meeting for Holders of ADRs
1.1 Elect Director Michael A. Cawley Management For For
1.2 Elect Director Luke R. Corbett Management For For
1.3 Elect Director Jack E. Little Management For For
2 Ratify Auditors Management For For
Novellus Systems, Inc.
CUSIP: 670008101 Ticker: NVLS
04/16/04 Annual Meeting
1.1 Elect Director Richard S. Hill Management For For
1.2 Elect Director Neil R. Bonke Management For For
1.3 Elect Director Youssef A. El-Mansy Management For For
1.4 Elect Director J. David Litster Management For For
1.5 Elect Director Yoshio Nishi Management For For
1.6 Elect Director Glen G. Possley Management For For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Novellus Systems, Inc. (continued)
1.7 Elect Director Ann D. Rhoads Management For For
1.8 Elect Director William R. Spivey Management For For
1.9 Elect Director Delbert A. Whitaker Management For For
2 Ratify Auditors Management For For
3 Provision of Non-Audit Services by Independent Auditors Shareholder Against Against
4 Report on Executive Compensation Shareholder Against Against
Quest Diagnostics, Incorporated
CUSIP: 74834L100 Ticker: DGX
05/04/04 Annual Meeting
1.1 Elect Director William R. Grant Management For For
1.2 Elect Director Surya N. Mohapatra Management For For
1.3 Elect Director John C. Baldwin Management For For
2 Ratify Auditors Management For For
Raytheon Co.
CUSIP: 755111507 Ticker: RTN
05/05/04 Annual Meeting
1.1 Elect Director John M. Deutch Management For For
1.2 Elect Director Michael C. Ruettgers Management For For
1.3 Elect Director William R. Spivey Management For For
1.4 Elect Director William H. Swanson Management For For
1.5 Elect Director Linda G. Stuntz Management For For
2 Ratify Auditors Management For For
3 Develop Ethical Criteria for Military Contracts Shareholder Against Against
4 Submit Shareholder Rights Plan (Poison Pill) to
Shareholder Vote Shareholder Against For
5 Declassify the Board of Directors Shareholder Against For
6 Implement MacBride Principles Shareholder Against Against
7 Expense Stock Options Shareholder Against For
8 Submit Executive Pension Benefit to Vote Shareholder Against For
9 Limit Executive Compensation Shareholder Against Against
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Royal Dutch Petroleum Co.
CUSIP: 780257804
06/28/04 Annual Meeting
Meeting for Holders of ADRs
1 Finalization of the Balance Sheet as At December 31, 2003, the Profit
and Loss Account For the Year 2003 and the Notes To the Balance Sheet
and the Profit
and Loss Account. Management For For
2 Declaration of the Total Dividend for the Year 2003. Management For For
3 Discharge of the Managing Directors of Responsibility
in Respect of Their Management for the Year 2003. Management For Against
4 Discharge of the Members of the Supervisory Board of
Responsibility For Their Supervision For the Year 2003. Management For Against
5 Appointment of Ms. L.Z. Cook as a Managing Director
of the Company.* Management For For
6 Appointment of Mrs. Ch. Morin-Postel as a Member of
the Supervisory Board.* Management For For
7 Appointment of Mr. M.A. Van Den Bergh as a Member
of the Supervisory Board Owing To Retirement
by Rotation.* Management For For
8 Reduction of the Issued Share Capital With a View To
Cancellation of the Shares Acquired By the Company
In Its Own Capital. Management For For
9 Authorization of the Board of Management, Pursuant To
Article 98, Book 2 of the Netherlands Civil Code, as the
Competent Body To Acquire Shares In the Capital
of the Company. Management For For
SBC Communications Inc.
CUSIP: 78387G103 Ticker: SBC
04/30/04 Annual Meeting
1.1 Elect Director James E. Barnes Management For For
1.2 Elect Director James A. Henderson Management For For
1.3 Elect Director John B. McCoy Management For For
1.4 Elect Director S. Donley Ritchey Management For For
1.5 Elect Director Joyce M. Roche Management For For
1.6 Elect Director Patricia P. Upton Management For For
2 Ratify Auditors Management For For
3 Amend Bylaws Management For For
4 Report on Political Contributions/Activities Shareholder Against Against
5 Change Size of Board of Directors Shareholder Against Against
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Southern Company
CUSIP: 842587107 Ticker: SO
05/26/04 Annual Meeting
1.1 Elect Director Daniel P. Amos Management For For
1.2 Elect Director Dorrit J. Bern Management For For
1.3 Elect Director Francis S. Blake Management For For
1.4 Elect Director Thomas F. Chapman Management For For
1.5 Elect Director H. Allen Franklin Management For For
1.6 Elect Director Bruce S. Gordon Management For For
1.7 Elect Director Donald M. James Management For For
1.8 Elect Director Zack T. Pate Management For For
1.9 Elect Director J. Neal Purcell Management For For
1.1 Elect Director David M. Ratcliffe Management For For
1.11 Elect Director Gerald J. St. Pe Management For For
2 Ratify Auditors Management For For
3 Approve Outside Director Stock in Lieu of Cash Management For For
The Bank of New York Co., Inc.
CUSIP: 64057102 Ticker: BK
04/13/04 Annual Meeting
1.1 Elect Director Frank J. Biondi, Jr. Management For For
1.2 Elect Director Nicholas M. Donofrio Management For For
1.3 Elect Director Alan R. Griffith Management For For
1.4 Elect Director Gerald L. Hassell Management For For
1.5 Elect Director Richard J. Kogan Management For For
1.6 Elect Director Michael J. Kowalski Management For For
1.7 Elect Director John A. Luke, Jr. Management For For
1.8 Elect Director John C. Malone Management For For
1.9 Elect Director Paul Myners, CBE Management For For
1.1 Elect Director Robert C. Pozen Management For For
1.11 Elect Director Catherine A. Rein Management For For
1.12 Elect Director Thomas A. Renyi Management For For
1.13 Elect Director William C. Richardson Management For For
1.14 Elect Director Brian L. Roberts Management For For
1.15 Elect Director Samuel C. Scott III Management For For
2 Ratify Auditors Management For For
3 Amend Executive Incentive Bonus Plan Management For For
4 Report on Political Contributions Shareholder Against Against
5 Limit Executive Compensation Shareholder Against Against
6 Limit Composition of Committee to Independent Directors Shareholder Against Against
7 Submit Shareholder Rights Plan (Poison Pill) to
Shareholder Vote Shareholder Against For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Union Planters Corp.
CUSIP: 908068109 Ticker: UPC
06/08/04 Annual Meeting
1 Approve Merger Agreement Management For For
2.1 Elect Director Albert M. Austin Management For For
2.2 Elect Director George W. Bryan Management For For
2.3 Elect Director Robert R. Waller, M.D. Management For For
2.4 Elect Director Spence L. Wilson Management For For
3 Ratify Auditors Management For For
4 Adjourn Meeting Management For Against
5 Limit Executive Compensation Shareholder Against Against
Verizon Communications
CUSIP: 92343V104 Ticker: VZ
04/28/04 Annual Meeting
1.1 Elect Director James R. Barker Management For For
1.2 Elect Director Richard L. Carrion Management For For
1.3 Elect Director Robert W. Lane Management For For
1.4 Elect Director Sandra O. Moose Management For For
1.5 Elect Director Joseph Neubauer Management For For
1.6 Elect Director Thomas H. O'Brien Management For For
1.7 Elect Director Hugh B. Price Management For For
1.8 Elect Director Ivan G. Seidenberg Management For For
1.9 Elect Director Walter V. Shipley Management For For
1.1 Elect Director John R. Stafford Management For For
1.11 Elect Director Robert D. Storey Management For For
2 Ratify Auditors Management For For
3 Restore or Provide for Cumulative Voting Shareholder Against For
4 Require Majority of Independent Directors on Board Shareholder Against Against
5 Separate Chairman and CEO Positions Shareholder Against For
6 Submit Shareholder Rights Plan (Poison Pill) to
Shareholder Vote Shareholder Against Against
7 Submit Executive Compensation to Vote Shareholder Against For
8 Prohibit Awards to Executives Shareholder Against Against
9 Report on Stock Option Distribution by Race and Gender Shareholder Against Against
10 Report on Political Contributions/Activities Shareholder Against Against
11 Cease Charitable Contributions Shareholder Against Against
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Viad Corp.
CUSIP: 92552R109 Ticker: VVI
05/11/04 Annual Meeting
1.1 Elect Director Jess Hay Management For For
1.2 Elect Director Linda Johnson Rice Management For For
1.3 Elect Director Albert M. Teplin Management For For
1.4 Elect Director Timothy R. Wallace Management For For
2 Amend Omnibus Stock Plan Management For For
3 Approve Reverse Stock Split Management For For
4 Ratify Auditors Management For For
Wachovia Corp.
CUSIP: 929903102 Ticker: WB
04/20/04 Annual Meeting
1.1 Elect Director James S. Balloun Management For For
1.2 Elect Director John T. Casteen, III Management For For
1.3 Elect Director Joseph Neubauer Management For For
1.4 Elect Director Lanty L. Smith Management For For
1.5 Elect Director Dona Davis Young Management For For
2 Ratify Auditors Management For For
3 Require Two Candidates for Each Board Seat Shareholder Against Against
4 Report on Political Contributions/Activities Shareholder Against Against
5 Separate Chairman and CEO Positions Shareholder Against Against
Wal-Mart Stores, Inc.
CUSIP: 931142103 Ticker: WMT
06/04/04 Annual Meeting
1.1 Elect Director James W. Breyer Management For For
1.2 Elect Director M. Michele Burns Management For For
1.3 Elect Director Thomas M. Coughlin Management For For
1.4 Elect Director David D. Glass Management For For
1.5 Elect Director Roland A. Hernandez Management For For
1.6 Elect Director Dawn G. Lepore Management For For
1.7 Elect Director John D. Opie Management For For
1.8 Elect Director J. Paul Reason Management For For
1.9 Elect Director H. Lee Scott, Jr. Management For For
1.1 Elect Director Jack C. Shewmaker Management For For
1.11 Elect Director Jose H. Villarreal Management For For
1.12 Elect Director John T. Walton Management For For
1.13 Elect Director S. Robson Walton Management For For
1.14 Elect Director Christopher J. Williams Management For For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Wal-Mart Stores, Inc. (continued)
2 Approve Stock Option Plan Management For For
3 Approve Stock Option Plan Management For For
4 Amend Employee Stock Purchase Plan Management For For
5 Ratify Auditors Management For For
6 Separate Chairman and CEO Positions Shareholder Against For
7 Prepare Sustainability Report Shareholder Against For
8 Report on Stock Option Distribution by Race and Gender Shareholder Against For
9 Report on Genetically Modified Organisms (GMO) Shareholder Against Against
10 Prepare Diversity Report Shareholder Against For
11 Submit Executive Compensation to Vote Shareholder Against For
Wells Fargo & Company
CUSIP: 949746101 Ticker: WFC
04/27/04 Annual Meeting
1.1 Elect Director J.A. Blanchard III Management For For
1.2 Elect Director Susan E. Engel Management For For
1.3 Elect Director Enrique Hernandez, Jr. Management For For
1.4 Elect Director Robert L. Joss Management For For
1.5 Elect Director Reatha Clark King Management For For
1.6 Elect Director Richard M. Kovacevich Management For For
1.7 Elect Director Richard D. McCormick Management For For
1.8 Elect Director Cynthia H. Milligan Management For For
1.9 Elect Director Philip J. Quigley Management For For
1.1 Elect Director Donald B. Rice Management For Withhold
1.11 Elect Director Judith M. Runstad Management For Withhold
1.12 Elect Director Stephen W. Sanger Management For For
1.13 Elect Director Susan G. Swenson Management For For
1.14 Elect Director Michael W. Wright Management For Withhold
2 Approve Retirement Plan Management For For
3 Ratify Auditors Management For For
4 Expense Stock Options Shareholder Against For
5 Limit Executive Compensation Shareholder Against Against
6 Link Executive Compensation to Social Issues Shareholder Against Against
7 Report on Political Contributions/Activities Shareholder Against Against
Yum Brands, Inc.
CUSIP: 988498101 Ticker: YUM
05/20/04 Annual Meeting
1.1 Elect Director Robert Holland, Jr. Management For For
1.2 Elect Director David C. Novak Management For For
1.3 Elect Director Jackie Trujillo Management For For
2 Approve Executive Incentive Bonus Plan Management For For
Expedition Equity Income Fund
Proposal Proposed by Management Position Registrant Voted
Yum Brands, Inc. (continued)
3 Ratify Auditors Management For For
4 Adopt Smoke-Free Restaurant Policy Shareholder Against Against
5 Prepare a Sustainability Report Shareholder Against For
6 Adopt MacBride Principles Shareholder Against Against
7 Report on Genetically Modified Organisms (GMO) Shareholder Against Against
8 Report on Animal Welfare Standards Shareholder Against Against
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.
Expedition Equity Fund
By: /s/ James F. Volk
---------------------------------
James F. Volk, Chief Executive Officer
Date: June 30, 2004