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 811-10391 Boston Income Portfolio --------------------------------------------------- (Exact name of registrant as specified in charter) 255 State Street, Boston MA 02109 ------------------------------------------------------------------ (Address of principal executive offices) (Zip code) Alan R. Dynner, Esq. 255 State Street, Boston MA 02109 --------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 617-482-8260 Date of fiscal year end: 0930 Date of reporting period: 07/01/2003 - 06/30/2004 ITEM 1. PROXY VOTING RECORD The information contained herein discloses the following information for each matter relating to a portfolio security considered at any shareholder meeting held during the period covered by the report and with respect to which the registrant was entitled to vote: (a) The name of the issuer of the portfolio security; (b) The exchange ticker symbol of the portfolio security; (c) The Council on Uniform Securities Identification Procedures ("CUSIP") number for the portfolio security; (d) The shareholder meeting date; (e) A brief identification of the matter voted on; (f) Whether the matter was proposed by the issuer or by a security holder; (g) Whether the registrant cast its vote on the matter; (h) How the registrant cast its vote (e.g., for or against proposal, or abstain; for or withhold regarding election of directors); and (i) Whether the registrant cast its vote for or against management. Boston Income Portfolio - ------------------------------------------------------------------------------------------------------- CROWN CASTLE INTERNATIONAL CORP. Agenda: 932147588 CUSIP: 228227104 Meeting Type: Annual Ticker: CCI Meeting Date: 5/26/2004 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 01 RANDALL A. HACK Mgmt For For EDWARD C. HUTCHESON, JR Mgmt For For J. LANDIS MARTIN Mgmt For For 02 APPROVAL OF COMPANY S 2004 STOCK Mgmt Against Against INCENTIVE PLAN. 03 THE RATIFICATION OF THE APPOINTMENT OF Mgmt For For KPMG LLP AS THE COMPANY S INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS FOR 2004. 04 STOCKHOLDER PROPOSAL REGARDING Shr Against For MACBRIDE PRINCIPLES. - ------------------------------------------------------------------------------------------------------- DIGITALNET HOLDINGS, INC. Agenda: 932163378 CUSIP: 25389B103 Meeting Type: Annual Ticker: DNET Meeting Date: 6/3/2004 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 01 ALAN G. MERTEN Mgmt For For KEN S. BAJAJ Mgmt For For PHILIP A. CANFIELD Mgmt For For EDWARD C. MEYER Mgmt For For RICHARD N. PERLE Mgmt For For BRUCE V. RAUNER Mgmt For For STUART J. YARBROUGH Mgmt For For CRAIG A. BONDY Mgmt For For - ------------------------------------------------------------------------------------------------------- MAGELLAN HEALTH SERVICES, INC. Agenda: 932045330 CUSIP: 559079AE8 Meeting Type: Consent Ticker: Meeting Date: 9/30/2003 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 01 PLAN OF REORGANIZATION Mgmt - ------------------------------------------------------------------------------------------------------- METHANEX CORPORATION Agenda: 932122536 CUSIP: 59151K108 Meeting Type: Annual Ticker: MEOH Meeting Date: 5/13/2004 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 01 DAVID MORTON Mgmt For For PIERRE CHOQUETTE Mgmt For For ROBERT B. FINDLAY Mgmt For For R.J. (JACK) LAWRENCE Mgmt For For A. TERENCE POOLE Mgmt For For JOHN M. REID Mgmt For For MONICA E. SLOAN Mgmt For For ANNE L. WEXLER Mgmt For For GRAHAM D. SWEENEY Mgmt For For BRIAN D. GREGSON Mgmt For For 02 TO RE-APPOINT KPMG LLP, CHARTERED Mgmt For For ACCOUNTANTS, AS AUDITORS OF THE COMPANY FOR THE ENSUING YEAR. 03 AUTHORIZING THE DIRECTORS TO FIX THE Mgmt For For REMUNERATION OF THE AUDITORS. - ------------------------------------------------------------------------------------------------------- NII HOLDINGS, INC. Agenda: 932128312 CUSIP: 62913F201 Meeting Type: Annual Ticker: NIHD Meeting Date: 4/28/2004 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- I STEVEN P. DUSSEK Mgmt For For STEVEN M. SHINDLER Mgmt For For II APPROVAL OF AMENDMENT TO OUR RESTATED Mgmt Against Against CERTIFICATE OF INCORPORATION. III APPROVAL OF THE 2004 INCENTIVE Mgmt Against Against COMPENSATION PLAN. IV APPROVAL OF PROPOSAL FOR ADJOURNMENT. Mgmt For For - ------------------------------------------------------------------------------------------------------- NTL INCORPORATED Agenda: 932142704 CUSIP: 62940M104 Meeting Type: Annual Ticker: NTLI Meeting Date: 5/6/2004 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 01 JEFFREY D. BENJAMIN Mgmt For For DAVID ELSTEIN Mgmt For For 02 RATIFY THE APPOINTMENT OF ERNST & Mgmt For For YOUNG LLP AS THE INDEPENDENT AUDITORS OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004. 03 APPROVAL OF THE AMENDMENT AND Mgmt Against Against RESTATEMENT OF THE NTL 2003 STOCK OPTION PLAN. 04 ADOPTION OF SHARE ISSUANCE FEATURE OF Mgmt For For THE NTL GROUP 2004 BONUS SCHEME. 05 ADOPTION OF NTL INCORPORATED SHARESAVE Mgmt For For PLAN. - ------------------------------------------------------------------------------------------------------- PIONEER COMPANIES, INC. Agenda: 932139149 CUSIP: 723643300 Meeting Type: Annual Ticker: PONR Meeting Date: 5/13/2004 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 01 MARVIN E. LESSER Mgmt For For GARY L. ROSENTHAL Mgmt For For CHARLES L. MEARS Mgmt For For DAVID N. WEINSTEIN Mgmt For For MICHAEL Y. MCGOVERN Mgmt For For 02 PROPOSAL TO RATIFY THE BOARD OF Mgmt For For DIRECTORS SELECTION OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT PUBLIC ACCOUNTANT OF THE COMPANY. - ------------------------------------------------------------------------------------------------------- R.H. DONNELLEY CORPORATION Agenda: 932109691 CUSIP: 74955W307 Meeting Type: Annual Ticker: RHD Meeting Date: 5/5/2004 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 01 CAROL J. PARRY Mgmt For For BARRY LAWSON WILLIAMS Mgmt For For KENNETH G. CAMPBELL Mgmt For For 02 RATIFICATION OF THE APPOINTMENT OF Mgmt For For PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS FOR 2004. 03 STOCKHOLDER PROPOSAL REGARDING Shr For Against REDEMPTION OF RIGHTS UNDER THE COMPANY S RIGHTS PLAN. - ------------------------------------------------------------------------------------------------------- SINCLAIR BROADCAST GROUP, INC. Agenda: 932139581 CUSIP: 829226109 Meeting Type: Annual Ticker: SBGI Meeting Date: 5/13/2004 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 01 DANIEL C. KEITH Mgmt For For ROBERT E. SMITH Mgmt For For J. DUNCAN SMITH Mgmt For For LAWRENCE E. MCCANNA Mgmt For For DAVID D. SMITH Mgmt For For BASIL A. THOMAS Mgmt For For MARTIN R. LEADER Mgmt For For FREDERICK G. SMITH Mgmt For For 02 RATIFICATION OF THE APPOINTMENT OF Mgmt For For ERNST & YOUNG LLP AS INDEPENDENT AUDITORS. - ------------------------------------------------------------------------------------------------------- SOUTHERN ENERGY INC. Agenda: 932018763 CUSIP: 842815AC6 Meeting Type: Consent Ticker: Meeting Date: 7/14/2003 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 01 THE DEBTOR S PLAN Mgmt 02 RELEASE PROVISIONS CONTAINED IN Mgmt SECTION 7.17 OF THE PLAN - ------------------------------------------------------------------------------------------------------- VENTURE HOLDINGS COMPANY LLC Agenda: 932195034 CUSIP: 92326YAD1 Meeting Type: Consent Ticker: Meeting Date: 6/15/2004 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 02 THE PLAN OF REORGANIZATION Mgmt For For - ------------------------------------------------------------------------------------------------------- FLAG TELECOM GROUP LIMITED Agenda: 932044910 CUSIP: G3529X106 Meeting Type: Annual Ticker: FTGLF Meeting Date: 9/25/2003 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 01 TO PERMIT THE BOARD OF DIRECTORS FROM Mgmt For For TIME TO TIME TO EFFECT A SUB-DIVISION OF ALL OR ANY OF THE COMPANY S SHARE CAPITAL INTO SHARES OF A LESSER PAR VALUE THAN THE COMPANY S EXISTING SHARES. 02 TO PERMIT THE BOARD OF DIRECTORS TO Mgmt Against Against DESIGNATE ANY UNDESIGNATED SHARES IN THE AUTHORIZED CAPITAL OF THE COMPANY INTO ANY ONE OR MORE SERIES OF COMMON OR PREFERRED SHARES, AND DETERMINE THE RIGHTS, PRIVILEGES AND PREFERENCES TO BE ATTACHED TO SUCH SHARES. 03 TO INCREASE THE COMPANY S AUTHORIZED Mgmt Against Against CAPITAL BY THE CREATION OF AN ADDITIONAL 17,000,000 COMMON SHARES. 04 TO INCREASE THE COMPANY S AUTHORIZED Mgmt Against Against CAPITAL BY THE CREATION OF 10,000,000 PREFERRED SHARES. 05 TO CLARIFY THE STAGGERED TERMS OF THE Mgmt Against Against BOARD OF DIRECTORS CURRENTLY SET FORTH IN THE BYE-LAWS. 06 TO REMOVE THE LIMITATIONS ON THE BOARD Mgmt For For OF DIRECTOR S OR ITS COMMITTEES ABILITY TO CONDUCT THEIR RESPECTIVE MEETINGS IN THE UNITED STATES OR EXECUTE UNANIMOUS WRITTEN RESOLUTIONS IN THE UNITED STATES. 07 TO REMOVE THE LIMITATIONS ON THE Mgmt For For COMPANY S AND ITS SHAREHOLDERS ABILITY TO CONDUCT SHAREHOLDER MEETINGS IN THE UNITED STATES. 08 APPROVAL AND RATIFICATION OF ERNST & Mgmt For For YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR 2003. - ------------------------------------------------------------------------------------------------------- FLAG TELECOM GROUP LIMITED Agenda: 932071397 CUSIP: G3529X106 Meeting Type: Special Ticker: FTGLF Meeting Date: 1/12/2004 ISIN: For/Against Proposal Type Vote Management - ------------------------------------------------------------------------------------------------------- 01 PROPOSAL TO APPROVE AND ADOPT THE Mgmt For For AGREEMENT AND PLAN OF AMALGAMATION, DATED AS OF OCTOBER 16, 2003, BY AND BETWEEN FLAG TELECOM GROUP LIMITED AND RELIANCE GATEWAY NET LIMITED, AS DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT. 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) Boston Income Portfolio By (Signature) /S/ Michael W. Weilheimer ---------------------------------------- Name Michael W. Weilheimer Title President Date 08-30-2004