UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act File Number: 811-03447
SEI TAX EXEMPT TRUST
REGISTRANT
SEI Tax Exempt Trust
One Freedom Valley Drive
Oaks, PA 19456
1-800-342-5734
AGENT FOR SERVICE
CT Corporation System
155 Federal Street
Boston, MA 02110
Date of Fiscal Year End: August 31
Date of Reporting Period: July 1, 2013 to June 30, 2014
NON-VOTING FUNDS
======================== California Municipal Bond Fund ========================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
============================ Institutional Tax Free ============================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
======================= Intermediate-Term Municipal Fund =======================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
====================== Massachusettes Municipal Bond Fund ======================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
======================== New Jersey Municipal Bond Fund ========================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
========================= New York Municipal Bond Fund =========================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
======================= Pennsylvania Municipal Bond Fund =======================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
======================== Short Duration Municipal Fund =========================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
=================================== Tax Free ===================================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
========================== Tax-Advantage Income Fund ===========================
BANK OF AMERICA CORPORATION
Ticker: BAC Security ID: 060505617
Meeting Date: MAY 07, 2014 Meeting Type: Annual
Record Date: MAR 12, 2014
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Sharon L. Allen For For Management
1.2 Elect Director Susan S. Bies For For Management
1.3 Elect Director Jack O. Bovender, Jr. For For Management
1.4 Elect Director Frank P. Bramble, Sr. For For Management
1.5 Elect Director Pierre J. P. de Weck For For Management
1.6 Elect Director Arnold W. Donald For For Management
1.7 Elect Director Charles K. Gifford For For Management
1.8 Elect Director Charles O. Holliday, Jr. For For Management
1.9 Elect Director Linda P. Hudson For For Management
1.10 Elect Director Monica C. Lozano For For Management
1.11 Elect Director Thomas J. May For For Management
1.12 Elect Director Brian T. Moynihan For For Management
1.13 Elect Director Lionel L. Nowell, III For For Management
1.14 Elect Director Clayton S. Rose For For Management
1.15 Elect Director R. David Yost For For Management
2 Advisory Vote to Ratify Named For For Management
Executive Officers' Compensation
3 Ratify Auditors For For Management
4 Amend Certificate of Designations for For For Management
Series T Preferred Stock
5 Provide for Cumulative Voting Against For Shareholder
6 Adopt Proxy Access Right Against Against Shareholder
7 Report on Climate Change Financing Risk Against For Shareholder
8 Report on Lobbying Payments and Policy Against For Shareholder
--------------------------------------------------------------------------------
ING GROEP NV
Ticker: INGA Security ID: 456837202
Meeting Date: MAY 12, 2014 Meeting Type: Annual
Record Date: APR 01, 2014
# Proposal Mgt Rec Vote Cast Sponsor
1 Open Meeting and Announcements None None Management
2a Receive Report of Management Board None None Management
(Non-Voting)
2b Receive Report of Supervisory Board None None Management
(Non-Voting)
2c Discuss Remuneration Report None None Management
2d Approve Amendments to Remuneration For For Management
Policy for Management Board Members
2e Adopt Financial Statements For For Management
3 Receive Explanation on Company's None None Management
Reserves and Dividend Policy
4a Discussion on Company's Corporate None None Management
Governance Structure
4b Increase Share Capital by EUR 13 For For Management
Billion by Reduction in Share Premium
Reserve and Increase Nominal per Share
4c Decrease Share Capital by EUR 13 For For Management
Billion by Reduction in Nominal Value
per Share and With Cash Distribution
to Shareholders
4d Amend Articles Re: Representation of For For Management
the Board
5 Receive Announcements on Sustainability None None Management
6a Approve Discharge of Management Board For For Management
6b Approve Discharge of Supervisory Board For For Management
7 Elect Eric Boyer de la Giroday to For For Management
Supervisory Board
8a Grant Board Authority to Issue Shares For For Management
Up To 10 Percent of Issued Capital and
Restricting/Excluding Preemptive Rights
8b Grant Board Authority to Issue Shares For For Management
Up To 10 Percent of Issued Capital in
Case of Takeover/Merger and
Restricting/Excluding Preemptive Rights
9a Authorize Repurchase of Up to 10 For For Management
Percent of Issued Share Capital
9b Authorize Repurchase of Up to 10 For For Management
Percent of Issued Share Capital in
Connection with a Major Capital
Restructuring
10 Other Business (Non-Voting) and Closing None None Management
--------------------------------------------------------------------------------
ING GROEP NV
Ticker: INGA Security ID: 456837301
Meeting Date: MAY 12, 2014 Meeting Type: Annual
Record Date: APR 01, 2014
# Proposal Mgt Rec Vote Cast Sponsor
1 Open Meeting and Announcements None None Management
2a Receive Report of Management Board None None Management
(Non-Voting)
2b Receive Report of Supervisory Board None None Management
(Non-Voting)
2c Discuss Remuneration Report None None Management
2d Approve Amendments to Remuneration For For Management
Policy for Management Board Members
2e Adopt Financial Statements For For Management
3 Receive Explanation on Company's None None Management
Reserves and Dividend Policy
4a Discussion on Company's Corporate None None Management
Governance Structure
4b Increase Share Capital by EUR 13 For For Management
Billion by Reduction in Share Premium
Reserve and Increase Nominal per Share
4c Decrease Share Capital by EUR 13 For For Management
Billion by Reduction in Nominal Value
per Share and With Cash Distribution
to Shareholders
4d Amend Articles Re: Representation of For For Management
the Board
5 Receive Announcements on Sustainability None None Management
6a Approve Discharge of Management Board For For Management
6b Approve Discharge of Supervisory Board For For Management
7 Elect Eric Boyer de la Giroday to For For Management
Supervisory Board
8a Grant Board Authority to Issue Shares For For Management
Up To 10 Percent of Issued Capital and
Restricting/Excluding Preemptive Rights
8b Grant Board Authority to Issue Shares For For Management
Up To 10 Percent of Issued Capital in
Case of Takeover/Merger and
Restricting/Excluding Preemptive Rights
9a Authorize Repurchase of Up to 10 For For Management
Percent of Issued Share Capital
9b Authorize Repurchase of Up to 10 For For Management
Percent of Issued Share Capital in
Connection with a Major Capital
Restructuring
10 Other Business (Non-Voting) and Closing None None Management
--------------------------------------------------------------------------------
ING GROEP NV
Ticker: INGA Security ID: 456837509
Meeting Date: MAY 12, 2014 Meeting Type: Annual
Record Date: APR 01, 2014
# Proposal Mgt Rec Vote Cast Sponsor
1 Open Meeting and Announcements None None Management
2a Receive Report of Management Board None None Management
(Non-Voting)
2b Receive Report of Supervisory Board None None Management
(Non-Voting)
2c Discuss Remuneration Report None None Management
2d Approve Amendments to Remuneration For For Management
Policy for Management Board Members
2e Adopt Financial Statements For For Management
3 Receive Explanation on Company's None None Management
Reserves and Dividend Policy
4a Discussion on Company's Corporate None None Management
Governance Structure
4b Increase Share Capital by EUR 13 For For Management
Billion by Reduction in Share Premium
Reserve and Increase Nominal per Share
4c Decrease Share Capital by EUR 13 For For Management
Billion by Reduction in Nominal Value
per Share and With Cash Distribution
to Shareholders
4d Amend Articles Re: Representation of For For Management
the Board
5 Receive Announcements on Sustainability None None Management
6a Approve Discharge of Management Board For For Management
6b Approve Discharge of Supervisory Board For For Management
7 Elect Eric Boyer de la Giroday to For For Management
Supervisory Board
8a Grant Board Authority to Issue Shares For For Management
Up To 10 Percent of Issued Capital and
Restricting/Excluding Preemptive Rights
8b Grant Board Authority to Issue Shares For For Management
Up To 10 Percent of Issued Capital in
Case of Takeover/Merger and
Restricting/Excluding Preemptive Rights
9a Authorize Repurchase of Up to 10 For For Management
Percent of Issued Share Capital
9b Authorize Repurchase of Up to 10 For For Management
Percent of Issued Share Capital in
Connection with a Major Capital
Restructuring
10 Other Business (Non-Voting) and Closing None None Management
--------------------------------------------------------------------------------
IOWA FIN AUTH SR LIVING FAC REV
Ticker: Security ID: 46247CAF6
Meeting Date: JAN 06, 2014 Meeting Type: Written Consent
Record Date: NOV 15, 2013
# Proposal Mgt Rec Vote Cast Sponsor
1 To Accept The Plan None Did Not Vote Management
--------------------------------------------------------------------------------
IOWA FIN AUTH SR LIVING FAC REV
Ticker: Security ID: 46247CAG4
Meeting Date: JAN 06, 2014 Meeting Type: Written Consent
Record Date: NOV 15, 2013
# Proposal Mgt Rec Vote Cast Sponsor
1 To Accept The Plan None Did Not Vote Management
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.
Name of Registrant: SEI Tax Exempt Trust
By: /s/ Robert A. Nesher
President
Date: August 8, 2014