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 811-02201 --------- Cutwater Select Income Fund (formerly, Rivus Bond Fund) ------------------------------------------------------- (Exact name of registrant as specified in charter) 113 King Street Armonk, NY 10504 --------------------------------------------------- (Address of principal executive offices) (Zip code) Clifford D. Corso 113 King Street Armonk, NY 10504 --------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 914-273-4545 ------------ Date of fiscal year end: March 31 -------- Date of reporting period: July 1, 2011 - June 30, 2012 ---------------------------- 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 (S)(S) 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant's proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles. A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. (S) 3507. PROXY VOTING RECORD FOR PERIOD JULY 1, 2011 TO JUNE 30, 2012 REGISTRANT NAME: CUTWATER SELECT INCOME FUND INVESTMENT COMPANY ACT FILE NUMBER: 811-02201 REPORTING PERIOD: 07/01/2011 - 06/30/2012 REGISTRANT ADDRESS: 113 KING STREET, ARMONK, NY 10504 NAME OF SERIES (AS APPLICABLE): N/A FUND'S VOTE FOR OR AGAINST PROPOSAL, OR ABSTAIN; FOR OR WHETHER WHO PROPOSED WHETHER WITHHOLD VOTE WAS EXCHANGE SHAREHOLDER MATTER: FUND CAST REGARDING FOR OR ISSUER OF TICKER MEETING SUMMARY OF MATTER ISSUER / VOTE ON ELECTION OF AGAINST PORTFOLIO SECURITY SYMBOL CUSIP # DATE VOTED ON SHAREHOLDER MATTER DIRECTORS MANAGEMENT ----------------------- -------- --------- ----------- ----------------------- ------------ --------- ----------- ---------- Quad/Graphics, Inc. QUAD 747301109 5/14/2012 Re-elect Directors Issuer Yes For For Quad/Graphics, Inc. QUAD 747301109 5/14/2012 Amendments to Omnibus Incentive Plan Issuer Yes For For Leucadia National Corp. LUK 527288104 5/15/2012 Re-elect Directors Issuer Yes For For Leucadia National Corp. LUK 527288104 5/15/2012 Approve Executive Comp. Issuer Yes For For Leucadia National Corp. LUK 527288104 5/15/2012 Ratify Auditors Issuer Yes For For Leucadia National Corp. LUK 527288104 5/15/2012 Any other busines properly presented Issuer Yes For For Delta Airlines DAL US 247361702 6/15/2012 Re-elect Directors Issuer Yes For For Delta Airlines DAL US 247361702 6/15/2012 Approve Executive Comp. Issuer Yes For For Delta Airlines DAL US 247361702 6/15/2012 Approve Performance Goals Issuer Yes For For Delta Airlines DAL US 247361702 6/15/2012 Ratify Auditors Issuer Yes For For 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 Cutwater Select Income Fund (formerly, Rivus Bond Fund) By (Signature and Title)* /s/ Clifford D. Corso ---------------------------------- Clifford D. Corso, President (principal executive officer) Date 8/6/12 * Print the name and title of each signing officer under his or her signature.