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 811-21503
The FBR Funds
----------------------------------------------------
(Exact name of registrant as specified in charter)
1001 Nineteenth Street North
Arlington, VA, 22209
--------------------------------------------------------------------
(Address of principal executive offices) (Zip code)
William Ginivan
Friedman, Billings, Ramsey Group
Potomac Tower
1001 Nineteenth Street North
Arlington, VA, 22209
------------------------------------------
(Name and address of agent for service)
Registrant's telephone number, including area code: 703-469-1040
Date of fiscal year end: 10/31
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.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932099826
AGL RESOURCES INC.
Security: 001204106 Meeting Type: Annual
Ticker: ATG Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 THOMAS D. BELL, JR. Mgmt For For
2 MICHAEL J. DURHAM Mgmt For For
3 D. RAYMOND RIDDLE Mgmt For For
4 FELKER W. WARD, JR. Mgmt For For
5 HENRY C. WOLF Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932130519
ALLEGHENY ENERGY, INC.
Security: 017361106 Meeting Type: Annual
Ticker: AYE Meeting Date: 13-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ELEANOR BAUM Mgmt For For
2 CYRUS F. FREIDHEIM, JR. Mgmt For For
3 TED J. KLEISNER Mgmt For For
2 APPROVAL OF ELIMINATION OF Mgmt For For
CUMULATIVE VOTING IN THE ELECTION
OF DIRECTORS.
3 APPROVAL OF DIRECTOR EQUITY Mgmt For For
COMPENSATION PLAN.
4 APPROVAL OF ANNUAL INCENTIVE PLAN. Mgmt For For
5 RATIFICATION OF APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT AUDITORS.
6 STOCKHOLDER PROPOSAL REGARDING Shr For For
SIMPLE MAJORITY VOTE.
7 STOCKHOLDER PROPOSAL REGARDING Shr For For
SHAREHOLDER INPUT ON POISON PILLS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
8 STOCKHOLDER PROPOSAL TO ELECT Shr For For
EACH DIRECTOR ANNUALLY.
9 STOCKHOLDER PROPOSAL REGARDING Shr For Against
INDEPENDENT BOARD CHAIRMAN.
10 STOCKHOLDER PROPOSAL REGARDING Shr For Against
EXPENSING STOCK OPTIONS.
11 STOCKHOLDER PROPOSAL REGARDING Shr Against For
RETENTION OF STOCK OBTAINED THROUGH
OPTIONS.
12 STOCKHOLDER PROPOSAL REGARDING Shr For Against
AUDITOR FEES.
13 STOCKHOLDER PROPOSAL REGARDING Shr Abstain Against
PRE-EMPTIVE RIGHTS.
14 STOCKHOLDER PROPOSAL REGARDING Shr Abstain Against
REINCORPORATION IN DELAWARE.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932054795
ALLEGHENY ENERGY, INC. ALLEGHENY ENERGY INC
Security: 017361106 Meeting Type: Annual
Ticker: AYE Meeting Date: 14-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 H. FURLONG BALDWIN Mgmt For For
2 JULIA L. JOHNSON Mgmt For For
3 GUNNAR E. SARSTEN Mgmt For For
2 APPROVAL OF APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT ACCOUNTANTS.
3 SHAREHOLDER PROPOSAL REGARDING Shr For Against
POISON PILLS.
4 SHAREHOLDER PROPOSAL REGARDING Shr For Against
INDEXED OPTIONS.
5 SHAREHOLDER PROPOSAL REGARDING Shr For Against
PERFORMANCE-BASED STOCK OPTIONS.
6 SHAREHOLDER PROPOSAL REGARDING Shr For Against
OPTION EXPENSING.
7 SHAREHOLDER PROPOSAL REGARDING Shr For Against
INDEPENDENT BOARD CHAIRMAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
8 SHAREHOLDER PROPOSAL REGARDING Shr For Against
ALLOW SIMPLE MAJORITY VOTE.
9 SHAREHOLDER PROPOSAL REGARDING Shr For Against
ANNUAL ELECTION OF DIRECTORS.
10 SHAREHOLDER PROPOSAL REGARDING Shr For Against
AUDITOR FEES.
11 SHAREHOLDER PROPOSAL REGARDING Shr For Against
REINCORPORATION.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932117965
ALLETE, INC.
Security: 018522102 Meeting Type: Annual
Ticker: ALE Meeting Date: 11-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 BUSSMANN Mgmt Withheld Against
2 GARTZKE Mgmt For For
3 GREEN Mgmt Withheld Against
4 JOHNSON Mgmt Withheld Against
5 MAYER Mgmt Withheld Against
6 PEIRCE Mgmt For For
7 RAJALA Mgmt For For
8 SMITH Mgmt Withheld Against
9 STENDER Mgmt For For
10 WEGMILLER Mgmt Withheld Against
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 WEINSTEIN Mgmt Withheld Against
2 RATIFICATION OF THE APPOINTMENT OF Mgmt Against Against
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932112155
ALLIANT ENERGY CORPORATIO
Security: 018802108 Meeting Type: Annual
Ticker: LNT Meeting Date: 21-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ANN K. NEWHALL* Mgmt For For
2 MICHAEL L. BENNETT** Mgmt For For
3 JACK B. EVANS** Mgmt For For
4 DAVID A. PERDUE** Mgmt For For
5 JUDITH D. PYLE** Mgmt For For
2 PROPOSAL TO AMEND THE RESTATED Mgmt For For
ARTICLES OF INCORPORATION TO
INCREASE THE NUMBER OF AUTHORIZED
SHARES TO 240,000,000
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932098254
AMEREN CORPORATION
Security: 023608102 Meeting Type: Annual
Ticker: AEE Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 SUSAN S. ELLIOTT Mgmt For For
2 CLIFFORD L. GREENWALT Mgmt For For
3 THOMAS A. HAYS Mgmt For For
4 RICHARD A. LIDDY Mgmt For For
5 GORDON R. LOHMAN Mgmt For For
6 RICHARD A. LUMPKIN Mgmt For For
7 JOHN PETERS MACCARTHY Mgmt For For
8 PAUL L. MILLER, JR. Mgmt For For
9 CHARLES W. MUELLER Mgmt For For
10 DOUGLAS R. OBERHELMAN Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 GARY L. RAINWATER Mgmt For For
12 HARVEY SALIGMAN Mgmt For For
2 RATIFICATION OF APPOINTMENT OF Mgmt For For
INDEPENDENT AUDITORS
3 REPORT ON STORAGE OF IRRADIATED Mgmt Against For
FUEL RODS AT CALLAWAY
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932104932
AMERICAN ELECTRIC POWER C
Security: 025537101 Meeting Type: Annual
Ticker: AEP Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 E.R. BROOKS Mgmt For For
2 D.M. CARLTON Mgmt For For
3 J.P. DESBARRES Mgmt Withheld Against
4 R.W. FRI Mgmt Withheld Against
5 W.R. HOWELL Mgmt Withheld Against
6 L.A. HUDSON, JR. Mgmt For For
7 L.J. KUJAWA Mgmt For For
8 M.G. MORRIS Mgmt For For
9 R.L. SANDOR Mgmt For For
10 D.G. SMITH Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 K.D. SULLIVAN Mgmt For For
2 RATIFICATION OF INDEPENDENT AUDITORS Mgmt For For
3 SHAREHOLDER PROPOSAL REGARDING Shr For Against
SEVERENCE AGREEMENTS FOR EXECUTIVES
4 SHAREHOLDER PROPOSAL REGARDING Shr For Against
SUPPLEMENTAL EXECUTIVE RETIREMENT
PLANS
5 SHAREHOLDER PROPOSAL ALLOWING Shr For Against
INDEPENDENT AUDITORS TO PERFORM
ONLY AUDIT AND AUDIT RELATED WORK
6 SHAREHOLDER PROPOSAL REGARDING Shr Abstain Against
TERM LIMITS FOR DIRECTORS
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932108651
AQUILA, INC.
Security: 03840P102 Meeting Type: Annual
Ticker: ILA Meeting Date: 05-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN R. BAKER Mgmt For For
2 IRVINE O. HOCKADAY, JR. Mgmt For For
3 HEIDI E. HUTTER Mgmt For For
4 DR STANLEY O. IKENBERRY Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932081780
ATMOS ENERGY CORPORATION ATMOS ENERGY CORP
Security: 049560105 Meeting Type: Annual
Ticker: ATO Meeting Date: 11-Feb-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ROBERT W. BEST Mgmt For For
2 THOMAS J. GARLAND Mgmt For For
3 PHILLIP E. NICHOL Mgmt For For
4 CHARLES K. VAUGHAN Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932115757
AVISTA CORP.
Security: 05379B107 Meeting Type: Annual
Ticker: AVA Meeting Date: 13-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ERIK J. ANDERSON Mgmt For For
2 KRISTIANNE BLAKE Mgmt For For
3 DAVID A. CLACK Mgmt For For
4 JACK W. GUSTAVEL Mgmt For For
5 MICHAEL L. NOEL Mgmt For For
2 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
THE FIRM OF DELOITTE & TOUCHE LLP
AS INDEPENDENT AUDITORS OF THE
COMPANY FOR 2004.
3 REAPPROVAL OF MATERIAL TERMS OF Mgmt For For
PERFORMANCE GOALS UNDER THE
COMPANY S LONG-TERM INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932159014
CENTERPOINT ENERGY, INC.
Security: 15189T107 Meeting Type: Annual
Ticker: CNP Meeting Date: 03-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ROBERT T. O'CONNELL* Mgmt For For
2 MILTON CARROLL** Mgmt Withheld Against
3 JOHN T. CATER** Mgmt Withheld Against
4 MICHAEL E. SHANNON** Mgmt For For
2 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS
INDEPENDENT AUDITORS FOR 2004.
3 SHAREHOLDER PROPOSAL RELATING TO Shr For Against
PERFORMANCE AND TIME-BASED
RESTRICTED SHARE PROGRAMS.
4 SHAREHOLDER PROPOSAL RELATING TO Shr For Against
ELECTING ALL DIRECTORS ANNUALLY AND
ELIMINATION OF DIRECTOR CLASSES
WITH STAGGERED TERMS.
5 WITHHOLD GRANTING OF DISCRETIONARY Mgmt For Against
AUTHORITY TO VOTE ON ALL OTHER
MATTERS THAT MAY PROPERLY COME
BEFORE THE ANNUAL MEETING.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932101873
CH ENERGY GROUP, INC.
Security: 12541M102 Meeting Type: Annual
Ticker: CHG Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 EDWARD F.X. GALLAGHER Mgmt For For
2 STEVEN V. LANT Mgmt For For
3 JEFFREY D. TRANEN Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932129504
CHESAPEAKE UTILITIES CORP
Security: 165303108 Meeting Type: Annual
Ticker: CPK Meeting Date: 06-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RALPH J. ADKINS Mgmt For For
2 RICHARD BERNSTEIN Mgmt For For
3 J. PETER MARTIN Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932105578
CINERGY CORP.
Security: 172474108 Meeting Type: Annual
Ticker: CIN Meeting Date: 04-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MICHAEL G. BROWNING Mgmt Withheld Against
2 GEORGE C. JUILFS Mgmt Withheld Against
3 DUDLEY S. TAFT Mgmt For For
2 RATIFICATION OF DELOITTE & TOUCHE LLP Mgmt For For
AS THE COMPANY S INDEPENDENT
AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932134214
CMS ENERGY CORPORATION
Security: 125896100 Meeting Type: Annual
Ticker: CMS Meeting Date: 28-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MERRIBEL S. AYRES Mgmt For For
2 EARL D. HOLTON Mgmt Withheld Against
3 DAVID W. JOOS Mgmt For For
4 MICHAEL T. MONAHAN Mgmt For For
5 JOSEPH F. PAQUETTE, JR. Mgmt Withheld Against
6 WILLIAM U. PARFET Mgmt Withheld Against
7 PERCY A. PIERRE Mgmt For For
8 S. KINNIE SMITH, JR. Mgmt For For
9 KENNETH L. WAY Mgmt Withheld Against
10 KENNETH WHIPPLE Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 JOHN B. YASINSKY Mgmt Withheld Against
2 RATIFICATION OF INDEPENDENT AUDITORS. Mgmt For For
3 PROPOSAL TO AMEND PERFORMANCE Mgmt Against Against
INCENTIVE STOCK PLAN.
4 PROPOSAL TO APPROVE DEDUCTIBILITY OF Mgmt Against Against
INCENTIVE AWARDS.
5 PROPOSAL TO AMEND ARTICLES OF Mgmt Abstain Against
INCORPORATION.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932132929
CONSOLIDATED EDISON, INC.
Security: 209115104 Meeting Type: Annual
Ticker: ED Meeting Date: 17-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 V.A. CALARCO Mgmt Withheld Against
2 G. CAMPBELL, JR. Mgmt Withheld Against
3 G.J. DAVIS Mgmt For For
4 M.J. DEL GIUDICE Mgmt Withheld Against
5 J.S. FREILICH Mgmt For For
6 E.V. FUTTER Mgmt For For
7 S. HERNANDEZ-PINERO Mgmt Withheld Against
8 P.W. LIKINS Mgmt For For
9 E.R. MCGRATH Mgmt For For
10 F.V. SALERNO Mgmt Withheld Against
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 S.R. VOLK Mgmt For For
2 RATIFICATION OF APPOINTMENT OF Mgmt For For
INDEPENDENT ACCOUNTANTS.
3 APPROVAL OF STOCK PURCHASE PLAN. Mgmt For For
4 ADDITIONAL COMPENSATION INFORMATION. Mgmt For Against
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932132703
CONSTELLATION ENERGY GROU
Security: 210371100 Meeting Type: Annual
Ticker: CEG Meeting Date: 21-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JAMES T. BRADY Mgmt For For
2 JAMES R. CURTISS Mgmt For For
3 EDWARD J. KELLY, III Mgmt Withheld Against
4 ROBERT J. LAWLESS Mgmt Withheld Against
2 RATIFICATION OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT AUDITORS FOR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932085029
CORNING NATURAL GAS CORPO CORNING NATURAL GAS COR
Security: 219381100 Meeting Type: Annual
Ticker: CNIG Meeting Date: 03-Feb-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 THOMAS K. BARRY Mgmt
2 THOMAS H. BILODEAU Mgmt
3 BRADFORD J. FAXON Mgmt
4 DONALD R. PATNODE Mgmt
5 KENNETH J. ROBINSON Mgmt
2 TO ACT UPON SUCH OTHER MATTERS AS Mgmt
MAY COME BEFORE THE MEETING.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932056131
DELTA NATURAL GAS COMPANY DELTA NATURAL GAS INC
Security: 247748106 Meeting Type: Annual
Ticker: DGAS Meeting Date: 20-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JANE H. GREEN Mgmt For For
2 MICHAEL J. KISTNER Mgmt For For
3 HARRISON D. PEET Mgmt For For
4 MICHAEL R. WHITLEY Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932100439
DOMINION RESOURCES, INC.
Security: 25746U109 Meeting Type: Annual
Ticker: D Meeting Date: 23-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 SUSAN B. ALLEN Mgmt For For
2 PETER W. BROWN Mgmt For For
3 RONALD J. CALISE Mgmt For For
4 THOS. E. CAPPS Mgmt For For
5 GEORGE A. DAVIDSON, JR. Mgmt For For
6 JOHN W. HARRIS Mgmt For For
7 ROBERT S. JEPSON, JR. Mgmt For For
8 BENJAMIN J. LAMBERT III Mgmt For For
9 RICHARD L. LEATHERWOOD Mgmt Withheld Against
10 MARGARET A. MCKENNA Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 KENNETH A. RANDALL Mgmt For For
12 FRANK S. ROYAL Mgmt Withheld Against
13 S. DALLAS SIMMONS Mgmt For For
14 ROBERT H. SPILMAN Mgmt Withheld Against
15 DAVID A. WOLLARD Mgmt Withheld Against
2 RETENTION OF AUDITORS Mgmt For For
3 SHAREHOLDER PROPOSAL Shr For Against
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932119161
DTE ENERGY COMPANY
Security: 233331107 Meeting Type: Annual
Ticker: DTE Meeting Date: 29-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ANTHONY F. EARLEY, JR. Mgmt For For
2 ALLAN D. GILMOUR Mgmt For For
3 FRANK M. HENNESSEY Mgmt For For
4 GAIL J. MCGOVERN Mgmt For For
5 JOSUE ROBLES, JR. Mgmt For For
2 INDEPENDENT AUDITORS Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932109677
DUKE ENERGY CORPORATION
Security: 264399106 Meeting Type: Annual
Ticker: DUK Meeting Date: 13-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 PAUL M. ANDERSON Mgmt For For
2 ANN M. GRAY Mgmt For For
3 MICHAEL E.J. PHELPS Mgmt For For
4 JAMES T. RHODES Mgmt For For
2 RATIFICATION OF DELOITTE & TOUCHE Mgmt For For
LLP AS DUKE ENERGY S INDEPENDENT
AUDITORS FOR 2004.
3 A SHAREHOLDER PROPOSAL RELATING TO Shr For Against
DECLASSIFICATION OF DUKE ENERGY S
BOARD OF DIRECTORS, IF PROPERLY
PRESENTED AT THE ANNUAL MEETING.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932110000
ENERGEN CORPORATION
Security: 29265N108 Meeting Type: Annual
Ticker: EGN Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 STEPHEN D. BAN* Mgmt
2 JULIAN W. BANTON* Mgmt
3 T. MICHAEL GOODRICH* Mgmt
4 WM. MICHAEL WARREN JR.* Mgmt
5 DAVID W. WILSON** Mgmt
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932161627
ENERGY EAST CORPORATION
Security: 29266M109 Meeting Type: Annual
Ticker: EAS Meeting Date: 18-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 R. AURELIO Mgmt Withheld Against
2 J.A. CARRIGG Mgmt For For
3 D.M. JAGGER Mgmt For For
4 B.E. LYNCH Mgmt Withheld Against
2 TO APPROVE AN AMENDMENT TO THE Mgmt For For
CERTIFICATE OF INCORPORATION TO
ELIMINATE THE CLASSIFICATION OF THE
BOARD OF DIRECTORS.
3 TO APPROVE AN AMENDMENT TO THE Mgmt For For
CERTIFICATE OF INCORPORATION TO
ELIMINATE CUMULATIVE VOTING IN THE
ELECTION OF DIRECTORS.
4 TO APPROVE AN EXISTING EMPLOYEE Mgmt For For
STOCK PURCHASE PLAN.
5 TO RATIFY THE APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT PUBLIC ACCOUNTANTS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932055305
ENERGY WEST, INCORPORATED ENERGY WEST INC
Security: 29274A105 Meeting Type: Annual
Ticker: EWST Meeting Date: 03-Dec-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 W.E. (GENE) ARGO Mgmt For For
2 ANDREW I. DAVIDSON Mgmt For For
3 DAVID A. FLITNER Mgmt For For
4 G. MONTGOMERY MITCHELL Mgmt For For
5 TERRY M. PALMER Mgmt For For
6 GEORGE D. RUFF Mgmt For For
7 RICHARD J. SCHULTE Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932077680
ENERGYSOUTH, INC. ENERGYSOUTH INC
Security: 292970100 Meeting Type: Annual
Ticker: ENSI Meeting Date: 30-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN S. DAVIS Mgmt
2 WALTER L. HOVELL Mgmt
3 G. MONTGOMERY MITCHELL Mgmt
4 ROBERT H. ROUSE Mgmt
2 APPROVAL OF 2004 AMENDMENT OF Mgmt
RESTATED ARTICLES OF INCORPORATION
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932120467
ENTERGY CORPORATION
Security: 29364G103 Meeting Type: Annual
Ticker: ETR Meeting Date: 14-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 M.S. BATEMAN Mgmt For For
2 W.F. BLOUNT Mgmt Withheld Against
3 S.D. DEBREE Mgmt Withheld Against
4 C.P. DEMING Mgmt For For
5 A.M. HERMAN Mgmt Withheld Against
6 D.C. HINTZ Mgmt For For
7 J.W. LEONARD Mgmt For For
8 R. V.D. LUFT Mgmt For For
9 K.A. MURPHY Mgmt For For
10 P.W. MURRILL Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 J.R. NICHOLS Mgmt Withheld Against
12 W.A. PERCY, II Mgmt Withheld Against
13 D.H. REILLEY Mgmt For For
14 W.C. SMITH Mgmt For For
15 B.A. STEINHAGEN Mgmt For For
16 S.V. WILKINSON Mgmt For For
2 RATIFICATION OF EXTERNAL AUDITORS. Mgmt For For
3 STOCKHOLDER PROPOSAL REGARDING Shr For Against
LIMITING BENEFITS PAYABLE UNDER
SEVERANCE AGREEMENTS.
4 STOCKHOLDER PROPOSAL REGARDING Shr Against For
CUMULATIVE VOTING.
5 STOCKHOLDER PROPOSAL REGARDING Shr For Against
COMPENSATION FOR THE TOP FIVE
EXECUTIVES.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932097834
EQUITABLE RESOURCES, INC.
Security: 294549100 Meeting Type: Annual
Ticker: EQT Meeting Date: 14-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 LEE T. TODD, JR., PH.D. Mgmt For For
2 MURRY S. GERBER Mgmt For For
3 GEORGE L. MILES, JR. Mgmt For For
4 JAMES W. WHALEN Mgmt For For
2 APPROVE AMENDMENT AND RESTATEMENT Mgmt For For
OF THE EQUITABLE RESOURCES, INC.
1999 LONG-TERM INCENTIVE PLAN.
3 RATIFY APPOINTMENT OF ERNST & YOUNG Mgmt For For
LLP AS AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932103423
EXELON CORPORATION
Security: 30161N101 Meeting Type: Annual
Ticker: EXC Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 NICHOLAS DEBENEDICTIS Mgmt For For
2 G. FRED DIBONA, JR. Mgmt For For
3 SUE L. GIN Mgmt For For
4 EDGAR D. JANNOTTA Mgmt For For
2 RATIFICATION OF INDEPENDENT Mgmt For For
ACCOUNTANTS
3 APPROVAL OF ANNUAL INCENTIVE PLAN Mgmt Against Against
FOR SENIOR EXECUTIVES
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932113599
KEYSPAN CORPORATION
Security: 49337W100 Meeting Type: Annual
Ticker: KSE Meeting Date: 20-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ROBERT B. CATELL Mgmt For For
2 ANDREA S. CHRISTENSEN Mgmt For For
3 ALAN H. FISHMAN Mgmt For For
4 J. ATWOOD IVES Mgmt For For
5 JAMES R. JONES Mgmt For For
6 JAMES L. LAROCCA Mgmt For For
7 GLORIA C. LARSON Mgmt For For
8 STEPHEN W. MCKESSY Mgmt For For
9 EDWARD D. MILLER Mgmt For For
10 VIKKI L. PRYOR Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
2 RATIFICATION OF DELOITTE & TOUCHE Mgmt For For
LLP AS INDEPENDENT PUBLIC AC
COUNTANTS.
3 SHAREHOLDER PROPOSAL ON Shr Against For
SHAREHOLDER RIGHTS PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932096096
MDU RESOURCES GROUP, INC.
Security: 552690109 Meeting Type: Annual
Ticker: MDU Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DENNIS W. JOHNSON Mgmt For For
2 JOHN L. OLSON Mgmt For For
3 MARTIN A. WHITE Mgmt For For
4 JOHN K. WILSON Mgmt For For
2 APPROVE AMENDMENTS TO THE NON- Mgmt For For
EMPLOYEE DIRECTOR STOCK
COMPENSATION PLAN
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932098711
MGE ENERGY, INC.
Security: 55277P104 Meeting Type: Annual
Ticker: MGEE Meeting Date: 11-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RICHARD E. BLANEY Mgmt Withheld Against
2 FREDERIC E. MOHS Mgmt Withheld Against
3 F. CURTIS HASTINGS Mgmt Withheld Against
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932083621
NATIONAL FUEL GAS COMPANY NATIONAL FUEL GAS CO
Security: 636180101 Meeting Type: Annual
Ticker: NFG Meeting Date: 19-Feb-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 PHILIP C. ACKERMAN Mgmt For For
2 BERNARD S. LEE, PH.D Mgmt Withheld Against
2 APPOINTMENT OF INDEPENDENT Mgmt Against Against
ACCOUNTANTS.
3 ADOPTION OF, IF PRESENTED AT THE Mgmt For Against
MEETING, A SHAREHOLDER PROPOSAL.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932079482
NEW JERSEY RESOURCES CORP NEW JERSEY RESOURCES CO
Security: 646025106 Meeting Type: Annual
Ticker: NJR Meeting Date: 21-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 LAWRENCE R. CODEY Mgmt For For
2 LAURENCE M. DOWNES Mgmt For For
3 R. BARBARA GITENSTEIN Mgmt For For
4 ALFRED C. KOEPPE Mgmt For For
5 WILLIAM H. TURNER Mgmt For For
2 TO APPROVE THE RETENTION OF DELOITTE Mgmt For For
& TOUCHE LLP AS AUDITORS FOR THE
FISCAL YEAR ENDING SEPTEMBER 30,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932096616
NICOR INC.
Security: 654086107 Meeting Type: Annual
Ticker: GAS Meeting Date: 15-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 R.M. BEAVERS, JR. Mgmt For For
2 B.P. BICKNER Mgmt For For
3 J.H. BIRDSALL, III Mgmt For For
4 T.A. DONAHOE Mgmt For For
5 T.L. FISHER Mgmt For For
6 J.E. JONES Mgmt For For
7 D.J. KELLER Mgmt For For
8 W.A. OSBORN Mgmt For For
9 J. RAU Mgmt For For
10 J.F. RIORDAN Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 R.M. STROBEL Mgmt For For
12 P.A. WIER Mgmt For For
2 RATIFICATION OF DELOITTE & TOUCHE Mgmt For For
LLP AS INDEPENDENT PUBLIC
ACCOUNTANTS IN 2004.
3 SHAREHOLDER PROPOSAL CONCERNING Shr For Against
THE SHAREHOLDER RIGHTS PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932124984
NISOURCE INC.
Security: 65473P105 Meeting Type: Annual
Ticker: NI Meeting Date: 11-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 STEVEN C. BEERING Mgmt Withheld Against
2 DENNIS E. FOSTER Mgmt For For
3 RICHARD L. THOMPSON Mgmt For For
4 CAROLYN Y. WOO Mgmt For For
2 RATIFICATION OF INDEPENDENT PUBLIC Mgmt For For
ACCOUNTANTS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932132347
NORTHEAST UTILITIES
Security: 664397106 Meeting Type: Annual
Ticker: NU Meeting Date: 11-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RICHARD H. BOOTH Mgmt Withheld Against
2 COTTON MATHER CLEVELAND Mgmt For For
3 SANFORD CLOUD, JR. Mgmt Withheld Against
4 JAMES F. CORDES Mgmt Withheld Against
5 E. GAIL DE PLANQUE Mgmt Withheld Against
6 JOHN H. FORSGREN Mgmt For For
7 JOHN G. GRAHAM Mgmt For For
8 ELIZABETH T. KENNAN Mgmt Withheld Against
9 ROBERT E. PATRICELLI Mgmt Withheld Against
10 CHARLES W. SHIVERY Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 JOHN F. SWOPE Mgmt For For
2 RATIFICATION OF DELOITTE & TOUCHE LLP Mgmt For For
AS INDEPENDENT AUDITORS FOR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932137828
NORTHWEST NATURAL GAS COM
Security: 667655104 Meeting Type: Annual
Ticker: NWN Meeting Date: 27-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 TOD R. HAMACHEK Mgmt For For
2 MELODY C. TEPPOLA Mgmt For For
3 RUSSELL F. TROMLEY Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932022445
NORTHWESTERN CORPORATION NORTHWESTERN CORP
Security: 668074107 Meeting Type: Annual
Ticker: NOR Meeting Date: 15-Sep-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 ADOPTION OF RESTATED CERTIFICATE OF Mgmt For For
INCORPORATION IN THE FORM ATTACHED
AS EXHIBIT A TO THE PROXY
STATEMENT.
2 DIRECTOR
1 MARILYN R. SEYMANN Mgmt For For
2 LAWRENCE J. RAMAEKERS Mgmt Withheld Against
3 RATIFICATION OF DELOITTE & TOUCHE Mgmt Against Against
AS INDEPENDENT AUDITOR.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932123879
NSTAR
Security: 67019E107 Meeting Type: Annual
Ticker: NST Meeting Date: 29-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 GARY L. COUNTRYMAN Mgmt Withheld Against
2 DANIEL DENNIS Mgmt For For
3 MATINA S. HORNER Mgmt For For
4 THOMAS J. MAY Mgmt For For
2 SHAREHOLDER PROPOSAL REGARDING Mgmt Against For
CHARITABLE CONTRIBUTION DISCLOSURE.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932122322
ONEOK, INC.
Security: 682680103 Meeting Type: Annual
Ticker: OKE Meeting Date: 20-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM M. BELL* Mgmt For For
2 JULIE H. EDWARDS* Mgmt For For
3 PATTYE L. MOORE* Mgmt For For
4 J.D. SCOTT* Mgmt For For
5 JAMES C. DAY** Mgmt For For
2 TO RATIFY AND APPROVE THE Mgmt For For
APPOINTMENT OF KPMG LLP AS
INDEPENDENT AUDITOR OF THE
CORPORATION FOR THE 2004 FISCAL
YEAR.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932082605
PEOPLES ENERGY CORPORATIO PEOPLES ENERGY CORP
Security: 711030106 Meeting Type: Annual
Ticker: PGL Meeting Date: 27-Feb-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 J.R. BORIS Mgmt For For
2 W.J. BRODSKY Mgmt For For
3 P. CAFFERTY Mgmt For For
4 J.W. HIGGINS Mgmt For For
5 D.C. JAIN Mgmt For For
6 M.E. LAVIN Mgmt For For
7 H.J. LIVINGSTON, JR. Mgmt For For
8 T.M. PATRICK Mgmt For For
9 R.P. TOFT Mgmt For For
10 A.R. VELASQUEZ Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
2 APPROVAL OF THE 2004 INCENTIVE Mgmt For For
COMPENSATION PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932134353
PEPCO HOLDINGS, INC.
Security: 713291102 Meeting Type: Annual
Ticker: POM Meeting Date: 21-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JACK B. DUNN, IV Mgmt For For
2 RICHARD B. MCGLYNN Mgmt For For
3 PETER F. O'MALLEY Mgmt For For
2 4 FRANK K. ROSS Mgmt For For
5 WILLIAM T. TORGERSON Mgmt For For
2 SHAREHOLDER PROPOSAL: EVELYN Y. Mgmt For Against
DAVIS - REQUIRE ELECTION OF ALL
DIRECTORS ANNUALLY
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932103221
PG&E CORPORATION
Security: 69331C108 Meeting Type: Annual
Ticker: PCG Meeting Date: 21-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DAVID R. ANDREWS Mgmt Withheld Against
2 LESLIE S. BILLER Mgmt For For
3 DAVID A. COULTER Mgmt Withheld Against
4 C. LEE COX Mgmt Withheld Against
5 ROBERT D. GLYNN, JR Mgmt For For
6 DAVID M. LAWRENCE, MD Mgmt Withheld Against
7 MARY S. METZ Mgmt Withheld Against
8 BARRY LAWSON WILLIAMS Mgmt Withheld Against
2 RATIFICATION OF APPOINTMENT OF Mgmt Against Against
INDEPENDENT PUBLIC ACCOUNTANTS
3 POISON PILL Mgmt For Against
4 GOLDEN PARACHUTES Mgmt For Against
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
5 LINK-FREE DIRECTORS Mgmt For Against
6 RADIOACTIVE WASTES Mgmt Abstain Against
7 SEPARATE CHAIRMAN/CEO Mgmt For Against
8 EXECUTIVE COMPENSATION Mgmt For Against
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932087554
PIEDMONT NATURAL GAS COMP PIEDMONT NATURAL GAS
Security: 720186105 Meeting Type: Annual
Ticker: PNY Meeting Date: 27-Feb-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JERRY W. AMOS Mgmt For For
2 D. HAYES CLEMENT Mgmt For For
3 THOMAS E. SKAINS Mgmt For For
4 FRANK B. HOLDING, JR. Mgmt For For
5 DAVID E. SHI Mgmt For For
2 RATIFICATION OF SELECTION OF Mgmt For For
DELOITTE & TOUCHE LLP AS
INDEPENDENT AUDITORS.
3 APPROVAL OF EXECUTIVE LONG-TERM Mgmt For For
INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932129198
PNM RESOURCES, INC.
Security: 69349H107 Meeting Type: Annual
Ticker: PNM Meeting Date: 18-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 BONNIE S. REITZ Mgmt For For
2 JEFFRY E. STERBA Mgmt For For
3 JOAN B. WOODARD Mgmt For For
4 ADELMO E. ARCHULETA Mgmt For For
2 TO APPROVE THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS
INDEPENDENT ACCOUNTANTS FOR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932116230
PPL CORPORATION
Security: 69351T106 Meeting Type: Annual
Ticker: PPL Meeting Date: 23-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM F. HECHT Mgmt For For
2 STUART HEYDT Mgmt For For
3 W. KEITH SMITH Mgmt For For
2 RATIFICATION OF APPOINTMENT OF Mgmt For For
INDEPENDENT AUDITOR
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932092163
PUBLIC SERVICE ENTERPRISE
Security: 744573106 Meeting Type: Annual
Ticker: PEG Meeting Date: 20-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ALBERT R. GAMPER, JR.* Mgmt For For
2 ERNEST H. DREW** Mgmt For For
3 WILLIAM V. HICKEY** Mgmt For For
4 RICHARD J. SWIFT** Mgmt For For
2 APPROVAL OF THE 2004 LONG-TERM Mgmt For For
INCENTIVE PLAN.
3 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS
INDEPENDENT AUDITOR FOR THE YEAR
2004.
4 STOCKHOLDER PROPOSAL RELATING TO Mgmt Against For
THE NOMINATION OF AT LEAST TWO
CANDIDATES FOR EACH OPEN BOARD
POSITION.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932113272
PUGET ENERGY, INC.
Security: 745310102 Meeting Type: Annual
Ticker: PSD Meeting Date: 04-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 PHYLLIS J. CAMPBELL Mgmt For For
2 STEPHEN E. FRANK Mgmt For For
3 DR. KENNETH P. MORTIMER Mgmt For For
4 STEPHEN P. REYNOLDS Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932127550
QUESTAR CORPORATION
Security: 748356102 Meeting Type: Annual
Ticker: STR Meeting Date: 18-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 TERESA BECK Mgmt For For
2 R.D. CASH Mgmt For For
3 ROBERT E. MCKEE III Mgmt For For
4 GARY G. MICHAEL Mgmt For For
5 CHARLES B. STANLEY Mgmt For For
2 TO APPROVE THE LONG-TERM CASH Mgmt For For
INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932079850
RGC RESOURCES, INC. RGC RESOURCES INC
Security: 74955L103 Meeting Type: Annual
Ticker: RGCO Meeting Date: 26-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ABNEY S. BOXLEY, III Mgmt For For
2 S. FRANK SMITH Mgmt For For
3 JOHN B. WILLIAMSON, III Mgmt For For
2 TO RATIFY THE SELECTION OF DELOITTE Mgmt For For
& TOUCHE LLP AS INDEPENDENT
AUDITORS.
3 AUTHORIZE PROXIES TO VOTE ON SUCH Mgmt For For
OTHER BUSINESS, IF ANY, THAT MAY
PROPERLY COME BEFORE THE MEETING.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932132905
SEMCO ENERGY, INC.
Security: 78412D109 Meeting Type: Annual
Ticker: SEN Meeting Date: 24-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN M. ALBERTINE Mgmt For For
2 JOHN R. HINTON Mgmt For For
3 DONALD W. THOMASON Mgmt For For
2 TO AUTHORIZE THE ISSUANCE OF Mgmt For For
SERIES B PREFERENCE STOCK.
3 TO AMEND THE ARTICLES OF Mgmt For For
INCORPORATION TO INCREASE THE
NUMBER OF AUTHORIZED COMMON SHARES
FROM 40,000,000 TO 100,000,000.
4 TO AMEND THE BYLAWS AS TO NUMBER OF Mgmt For For
DIRECTORS.
5 TO APPROVE THE 2004 STOCK AWARD AND Mgmt For For
INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932132400
SIERRA PACIFIC RESOURCES
Security: 826428104 Meeting Type: Annual
Ticker: SRP Meeting Date: 03-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JAMES R. DONNELLEY Mgmt For For
2 WALTER M. HIGGINS Mgmt For For
3 JOHN F. O'REILLY Mgmt For For
2 TO APPROVE A RENEWAL OF THE Mgmt For For
EXECUTIVE LONG-TERM INCENTIVE PLAN.
3 TO ADOPT A SHAREHOLDER PROPOSAL Shr For Against
REQUESTING DIRECTORS TO SUBMIT TO
SHAREHOLDER APPROVAL AT THE
EARLIEST PRACTICABLE TIME ANY
DECISION TO MAINTAIN, CONTINUE, OR
ADOPT A SHAREHOLDER RIGHTS PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932022786
SIERRA PACIFIC RESOURCES SIERRA PACIFIC RESOURCE
Security: 826428104 Meeting Type: Special
Ticker: SRP Meeting Date: 11-Aug-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO APPROVE THE POTENTIAL ISSUANCE OF Mgmt For For
UP TO 42,736,920 ADDITIONAL SHARES
OF SIERRA PACIFIC RESOURCES COMMON
STOCK FOR PAYMENT OF THE CASH
PORTION OF THE CONVERSION PRICE
PAYABLE UPON CONVERSION OF SIERRA
PACIFIC RESOURCES CURRENTLY
OUTSTANDING $300 MILLION PRINCIPAL
AMOUNT OF 7.25% CONVERTIBLE NOTES
DUE 2010.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932105528
SOUTH JERSEY INDUSTRIES,
Security: 838518108 Meeting Type: Annual
Ticker: SJI Meeting Date: 29-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 THOMAS A. BRACKEN* Mgmt For For
2 EDWARD J. GRAHAM** Mgmt For For
3 HELEN R. BOSLEY** Mgmt For For
4 HERMAN D. JAMES PH.D.** Mgmt For For
5 AMB. WILLIAM J HUGHES** Mgmt For For
2 TO APPROVE THE ACTION OF THE BOARD Mgmt For For
OF DIRECTORS IN APPOINTING DELOITTE
& TOUCHE LLP AS AUDITORS OF THE
COMPANY FOR THE YEAR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932055569
SOUTHERN UNION COMPANY SOUTHERN UNION CO NEW
Security: 844030106 Meeting Type: Annual
Ticker: SUG Meeting Date: 04-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN E. BRENNAN Mgmt For For
2 FRANK W. DENIUS Mgmt For For
3 RONALD W. SIMMS Mgmt For For
2 PROPOSAL TO APPROVE THE SOUTHERN Mgmt For For
UNION COMPANY 2003 STOCK AND
INCENTIVE PLAN.
3 PROPOSAL TO APPROVE THE SOUTHERN Mgmt For For
UNION COMPANY EXECUTIVE INCENTIVE
BONUS PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932105491
SOUTHWEST GAS CORPORATION
Security: 844895102 Meeting Type: Annual
Ticker: SWX Meeting Date: 06-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 GEORGE C. BIEHL Mgmt For For
2 THOMAS E. CHESTNUT Mgmt For For
3 MANUEL J. CORTEZ Mgmt For For
4 RICHARD M. GARDNER Mgmt For For
5 LEROY C. HANNEMAN, JR. Mgmt For For
6 THOMAS Y. HARTLEY Mgmt For For
7 JAMES J. KROPID Mgmt For For
8 MICHAEL O. MAFFIE Mgmt For For
9 MICHAEL J. MELARKEY Mgmt For For
10 CAROLYN M. SPARKS Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 TERRENCE L. WRIGHT Mgmt For For
2 TO APPROVE THE AMENDED AND RESTATED Mgmt For For
MANAGEMENT INCENTIVE PLAN.
3 TO RATIFY THE SELECTION OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT PUBLIC ACCOUNTANTS OF
THE COMPANY.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932122702
SOUTHWESTERN ENERGY COMPA
Security: 845467109 Meeting Type: Annual
Ticker: SWN Meeting Date: 12-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 L. EPLEY, JR. Mgmt For For
2 J. HAMMERSCHMIDT Mgmt For For
3 R. HOWARD Mgmt For For
4 H. KORELL Mgmt For For
5 V. KUUSKRAA Mgmt For For
6 K. MOURTON Mgmt For For
7 C. SCHARLAU Mgmt For For
2 PROPOSAL TO ADOPT THE 2004 STOCK Mgmt For For
INCENTIVE PLAN FOR THE COMPENSATION
OF OFFICERS, DIRECTORS, AND KEY
EMPLOYEES OF THE COMPANY AND ITS
SUBSIDIARIES.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932103574
TECO ENERGY, INC.
Security: 872375100 Meeting Type: Annual
Ticker: TE Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 TOM L. RANKIN Mgmt For For
2 WILLIAM D. ROCKFORD Mgmt For For
3 J. THOMAS TOUCHTON Mgmt For For
2 APPROVAL OF 2004 EQUITY INCENTIVE Mgmt For For
PLAN
3 RATIFICATION OF THE CORPORATION S Mgmt For For
INDEPENDENT AUDITOR
4 SHAREHOLDER PROPOSAL: EXECUTIVE Shr Against For
COMPENSATION CHANGES
5 SHAREHOLDER PROPOSAL: EXPENSING OF Shr For Against
STOCK OPTIONS
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932077969
THE LACLEDE GROUP, INC. THE LACLEDE GROUP INC
Security: 505597104 Meeting Type: Annual
Ticker: LG Meeting Date: 29-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DR. HENRY GIVENS, JR. Mgmt For For
2 MARY ANN VAN LOKEREN Mgmt For For
3 DOUGLAS H. YAEGER Mgmt For For
2 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS
INDEPENDENT AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932120758
TXU CORP.
Security: 873168108 Meeting Type: Annual
Ticker: TXU Meeting Date: 21-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DEREK C. BONHAM Mgmt For For
2 E. GAIL DE PLANQUE Mgmt For For
3 WILLIAM M. GRIFFIN Mgmt For For
4 KERNEY LADAY Mgmt For For
5 JACK E. LITTLE Mgmt For For
6 ERLE NYE Mgmt For For
7 J.E. OESTERREICHER Mgmt For For
8 MICHAEL W. RANGER Mgmt For For
9 HERBERT H. RICHARDSON Mgmt For For
10 C. JOHN WILDER Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
2 APPROVAL OF AUDITORS - DELOITTE & Mgmt For For
TOUCHE LLP
3 SHAREHOLDER PROPOSAL RELATED TO Shr Against For
OFFICERS SALES OF RESTRICTED STOCK
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932079898
UGI CORPORATION UGI CORPORATION
Security: 902681105 Meeting Type: Annual
Ticker: UGI Meeting Date: 24-Feb-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 J.W. STRATTON Mgmt For For
2 S.D. BAN Mgmt For For
3 R.C. GOZON Mgmt Against Against
4 L.R. GREENBERG Mgmt For For
5 T.F. DONOVAN Mgmt Against Against
6 M.O. SCHLANGER Mgmt For For
7 A. POL Mgmt Against Against
8 E.E. JONES Mgmt For For
2 APPROVAL OF UGI CORPORATION 2004 Mgmt Against Against
OMNIBUS EQUITY COMPENSATION PLAN
3 RATIFICATION OF APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT PUBLIC ACCOUNTANTS
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
4 SHAREHOLDER PROPOSAL REGARDING Shr For For
SHAREHOLDER RIGHTS AGREEMENT
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932119096
VECTREN CORPORATION
Security: 92240G101 Meeting Type: Annual
Ticker: VVC Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN D. ENGELBRECHT Mgmt
2 WILLIAM G. MAYS Mgmt
3 J. TIMOTHY MCGINLEY Mgmt
4 RICHARD P. RECHTER Mgmt
2 RATIFY THE APPOINTMENT OF DELOITTE & Mgmt
TOUCHE, LLP AS INDEPENDENT AUDITORS
FOR 2004.
3 ADOPTION OF A SHAREHOLDER PROPOSAL Shr
CONCERNING OPTION EXPENSING.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932090056
WGL HOLDINGS, INC. WGL HOLDINGS INC
Security: 92924F106 Meeting Type: Annual
Ticker: WGL Meeting Date: 02-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MICHAEL D. BARNES Mgmt For For
2 DANIEL J. CALLAHAN, III Mgmt For For
3 GEORGE P. CLANCY, JR. Mgmt For For
4 J.H. DEGRAFFENREIDT JR Mgmt For For
5 JAMES W. DYKE, JR. Mgmt For For
6 MELVYN J. ESTRIN Mgmt For For
7 JAMES F. LAFOND Mgmt For For
8 DEBRA L. LEE Mgmt For For
9 KAREN HASTIE WILLIAMS Mgmt For For
2 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS AUDITORS
FOR FISCAL YEAR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
3 SHAREHOLDER PROPOSAL RE: Shr Against For
CUMULATIVE VOTING.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932141346
WILLIAMS COMPANIES, INC.
Security: 969457100 Meeting Type: Annual
Ticker: WMB Meeting Date: 20-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 CHARLES M. LILLIS Mgmt For For
2 WILLIAM G. LOWRIE Mgmt For For
3 JOSEPH H. WILLIAMS Mgmt For For
2 RATIFICATION OF ERNST & YOUNG LLP AS Mgmt For For
AUDITORS FOR 2004.
3 STOCKHOLDER PROPOSAL ON Shr Abstain Against
PERFORMANCE AND TIME BASED
RESTRICTED SHARES.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932101760
WISCONSIN ENERGY CORPORAT
Security: 976657106 Meeting Type: Annual
Ticker: WEC Meeting Date: 05-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ROBERT A. CORNOG Mgmt For For
2 GALE E. KLAPPA Mgmt For For
3 F.P. STRATTON, JR. Mgmt For For
2 APPROVE AMENDING THE BYLAWS TO Mgmt For For
DECLASSIFY THE BOARD AND ALLOW FOR
ANNUAL ELECTION OF ALL DIRECTORS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932119680
WPS RESOURCES CORPORATION
Security: 92931B106 Meeting Type: Annual
Ticker: WPS Meeting Date: 13-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RICHARD A. BEMIS Mgmt For For
2 ELLEN CARNAHAN Mgmt For For
3 ROBERT C. GALLAGHER Mgmt For For
2 RATIFY THE APPOINTMENT OF DELOITTE & Mgmt For For
TOUCHE LLP AS WPS RESOURCES
INDEPENDENT AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR American Gas Index Fund Agenda Number: 932113816
XCEL ENERGY INC.
Security: 98389B100 Meeting Type: Annual
Ticker: XEL Meeting Date: 20-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO AMEND OUR BYLAWS TO ELIMINATE THE Mgmt For For
CLASSIFICATION OF THE BOARD OF
DIRECTORS.
2 DIRECTOR
1 DAVID A. CHRISTENSEN Mgmt Withheld Against
2 DR. MARGARET R. PRESKA Mgmt Withheld Against
3 W. THOMAS STEPHENS Mgmt Withheld Against
4 RICHARD H. ANDERSON Mgmt For For
5 RICHARD C. KELLY Mgmt For For
6 RALPH R. PETERSON Mgmt For For
3 TO APPROVE THE STOCK EQUIVALENT Mgmt Abstain Against
PLAN FOR NON-EMPLOYEE DIRECTORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 1 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932135949
ASTORIA FINANCIAL CORPORATION
Security: 046265104 Meeting Type: Annual
Ticker: AF Meeting Date: 19-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN J. CONEFRY, JR. Mgmt For For
2 LAWRENCE W. PETERS Mgmt For For
3 THOMAS V. POWDERLY Mgmt For For
2 THE APPROVAL OF AN AMENDMENT TO THE Mgmt For For
ASTORIA FINANCIAL CORPORATION
EXECUTIVE OFFICER ANNUAL INCENTIVE
PLAN.
3 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF KPMG LLP AS INDEPENDENT AUDITORS
OF ASTORIA FINANCIAL CORPORATION
FOR THE FISCAL YEAR ENDING DECEMBER
31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 2 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932148946
BANCORP RHODE ISLAND, INC
Security: 059690107 Meeting Type: Annual
Ticker: BARI Meeting Date: 19-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN R. BERGER Mgmt For For
2 KARL F. ERICSON Mgmt For For
3 MARGARET D. FARRELL Mgmt For For
4 MARK E. FEINSTEIN Mgmt For For
5 PABLO RODRIGUEZ, M.D. Mgmt For For
2 RATIFY THE APPOINTMENT OF KPMG LLP AS Mgmt For For
INDEPENDENT AUDITORS FOR THE
COMPANY.
3 APPROVAL OF THE AMENDMENT AND Mgmt For For
RESTATEMENT OF THE 2002
INCENTIVE AND NONQUALIFIED STOCK
OPTION PLAN TO BE RENAMED THE 2002
EQUITY INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 3 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932152666
BANK OF AMERICA CORPORATION
Security: 060505104 Meeting Type: Annual
Ticker: BAC Meeting Date: 26-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM BARNET, III Mgmt
2 CHARLES W. COKER Mgmt
3 JOHN T. COLLINS Mgmt
4 GARY L. COUNTRYMAN Mgmt
5 PAUL FULTON Mgmt
6 CHARLES K. GIFFORD Mgmt
7 DONALD E. GUINN Mgmt
8 JAMES H. HANCE, JR. Mgmt
9 KENNETH D. LEWIS Mgmt
10 WALTER E. MASSEY Mgmt
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 4 of 45
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 THOMAS J. MAY Mgmt
12 C. STEVEN MCMILLAN Mgmt
13 EUGENE M. MCQUADE Mgmt
14 PATRICIA E. MITCHELL Mgmt
15 EDWARD L. ROMERO Mgmt
16 THOMAS M. RYAN Mgmt
17 O. TEMPLE SLOAN, JR. Mgmt
18 MEREDITH R. SPANGLER Mgmt
19 JACKIE M. WARD Mgmt
2 RATIFICATION OF INDEPENDENT PUBLIC Mgmt
ACCOUNTANTS
3 STOCKHOLDER PROPOSAL - ANNUAL Shr
MEETING DATE
4 STOCKHOLDER PROPOSAL - NOMINATION Shr
OF DIRECTORS
5 STOCKHOLDER PROPOSAL - CHARITABLE Shr
CONTRIBUTIONS
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 5 of 45
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
6 STOCKHOLDER PROPOSAL - MUTUAL FUND Shr
TRADING POLICIES
7 STOCKHOLDER PROPOSAL - PRIVACY AND Shr
INFORMATION SECURITY
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 6 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932091692
BANK OF AMERICA CORPORATION
Security: 060505104 Meeting Type: Special
Ticker: BAC Meeting Date: 17-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 ADOPTION OF THE MERGER AGREEMENT Mgmt For For
2 ADOPTION OF BANK OF AMERICA S Mgmt For For
AMENDED STOCK PLAN
3 ADOPTION OF AN AMENDMENT TO Mgmt For For
INCREASE THE NUMBER OF AUTHORIZED
SHARES OF BANK OF AMERICA COMMON
STOCK
4 APPROVAL OF PROPOSAL TO ADJOURN THE Mgmt For For
BANK OF AMERICA SPECIAL MEETING, IF
NECESSARY, TO SOLICIT ADDITIONAL
PROXIES
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 7 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932150131
BANK ONE CORPORATION
Security: 06423A103 Meeting Type: Annual
Ticker: ONE Meeting Date: 25-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 MERGER PROPOSAL Mgmt For For
2 DIRECTOR
1 BRYAN Mgmt For For
2 BURKE Mgmt For For
3 CROWN Mgmt For For
4 DIMON Mgmt For For
5 FAY Mgmt For For
6 JACKSON Mgmt For For
7 KESSLER Mgmt For For
8 LIPP Mgmt For For
9 MANOOGIAN Mgmt For For
10 NOVAK Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 8 of 45
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 ROGERS Mgmt For For
12 STRATTON Mgmt For For
3 RATIFICATION OF APPOINTMENT OF Mgmt For For
INDEPENDENT AUDITOR
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 9 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932112131
BANKNORTH GROUP, INC.
Security: 06646R107 Meeting Type: Annual
Ticker: BNK Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DANA S. LEVENSON Mgmt For For
2 JOHN M. NAUGHTON Mgmt For For
3 ANGELO PIZZAGALLI Mgmt For For
2 TO RATIFY THE APPOINTMENT OF KPMG Mgmt For For
LLP AS BANKNORTH GROUP, INC. S
INDEPENDENT AUDITORS FOR THE YEAR
ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 10 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932093824
CAPITAL ONE FINANCIAL CORP
Security: 14040H105 Meeting Type: Annual
Ticker: COF Meeting Date: 29-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 W. RONALD DIETZ Mgmt For For
2 LEWIS HAY, III Mgmt For For
3 MAYO A. SHATTUCK, III Mgmt For For
2 RATIFICATION OF ERNST & YOUNG LLP AS Mgmt For For
INDEPENDENT AUDITORS OF THE
CORPORATION FOR 2004.
3 APPROVAL OF CAPITAL ONE S 2004 STOCK Mgmt For For
INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 11 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932101013
CHARTER ONE FINANCIAL, INC
Security: 160903100 Meeting Type: Annual
Ticker: CF Meeting Date: 21-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 PATRICK J. AGNEW Mgmt For For
2 DENISE MARIE FUGO Mgmt For For
3 CHARLES JOHN KOCH Mgmt For For
4 RONALD F. POE Mgmt For For
5 JEROME L. SCHOSTAK Mgmt For For
6 MARK SHAEVSKY Mgmt For For
2 TO APPROVE THE AMENDMENTS TO THE Mgmt For For
CHARTER ONE FINANCIAL INC. 1997
STOCK OPTION AND INCENTIVE PLAN.
3 TO RATIFY THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS CHARTER ONE
FINANCIAL, INC. S INDEPENDENT
AUDITORS FOR THE YEAR ENDING
DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 12 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932131814
CIT GROUP INC.
Security: 125581108 Meeting Type: Annual
Ticker: CIT Meeting Date: 12-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ALBERT R. GAMPER, JR. Mgmt For For
2 GARY C. BUTLER Mgmt For For
3 WILLIAM A. FARLINGER Mgmt For For
4 WILLIAM M. FREEMAN Mgmt For For
5 HON. THOMAS H. KEAN Mgmt For For
6 EDWARD J. KELLY, III Mgmt For For
7 MARIANNE MILLER PARRS Mgmt For For
8 JEFFREY M. PEEK Mgmt For For
9 JOHN R. RYAN Mgmt For For
10 PETER J. TOBIN Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 13 of 45
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 LOIS M. VAN DEUSEN Mgmt For For
2 RATIFICATION OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT ACCOUNTANTS.
3 TO TRANSACT SUCH OTHER BUSINESS Mgmt Against Against
THAT MAY COME BEFORE THE MEETING.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 14 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932122637
COMERICA INCORPORATED
Security: 200340107 Meeting Type: Annual
Ticker: CMA Meeting Date: 18-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RALPH W. BABB, JR. Mgmt For For
2 JAMES F. CORDES Mgmt For For
3 PETER D. CUMMINGS Mgmt For For
4 TODD W. HERRICK Mgmt For For
5 WILLIAM P. VITITOE Mgmt For For
6 KENNETH L. WAY Mgmt For For
2 APPROVAL AND RATIFICATION OF THE Mgmt For For
COMERICA INCORPORATED AMENDED AND
RESTATED EMPLOYEE STOCK PURCHASE
PLAN
3 APPROVAL OF THE COMERICA Mgmt For For
INCORPORATED INCENTIVE PLAN FOR
NON- EMPLOYEE DIRECTORS
4 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
ERNST & YOUNG LLP AS INDEPENDENT
AUDITORS
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 15 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932162857
COUNTRYWIDE FINANCIAL COR
Security: 222372104 Meeting Type: Annual
Ticker: CFC Meeting Date: 16-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 HENRY G. CISNEROS Mgmt For For
2 ROBERT J. DONATO Mgmt For For
3 MICHAEL E. DOUGHERTY Mgmt For For
4 MARTIN R. MELONE Mgmt For For
5 HARLEY W. SNYDER Mgmt For For
2 TO APPROVE AND AMEND THE COMPANY S Mgmt For For
2000 EQUITY INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 16 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932074634
COUNTRYWIDE FINANCIAL CORP
Security: 222372104 Meeting Type: Special
Ticker: CFC Meeting Date: 09-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO APPROVE THE PROPOSAL TO AMEND Mgmt For For
THE COMPANY S RESTATED CERTIFICATE
OF INCORPORATION TO INCREASE THE
AUTHORIZED COMMON STOCK.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 17 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932160740
E*TRADE FINANCIAL CORPORATION
Security: 269246104 Meeting Type: Annual
Ticker: ET Meeting Date: 27-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RONALD D. FISHER Mgmt For For
2 GEORGE A. HAYTER Mgmt For For
3 DONNA L. WEAVER Mgmt For For
2 TO RATIFY THE SELECTION OF DELOITTE Mgmt For For
& TOUCHE LLP AS INDEPENDENT PUBLIC
ACCOUNTANTS FOR THE COMPANY FOR
FISCAL YEAR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 18 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932154420
FANNIE MAE
Security: 313586109 Meeting Type: Annual
Ticker: FNM Meeting Date: 25-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 S.B. ASHLEY Mgmt For For
2 K.M. DUBERSTEIN Mgmt For For
3 T.P. GERRITY Mgmt For For
4 T. HOWARD Mgmt For For
5 A. KOROLOGOS Mgmt For For
6 F.V. MALEK Mgmt For For
7 D.B. MARRON Mgmt For For
8 D.H. MUDD Mgmt For For
9 A.M. MULCAHY Mgmt For For
10 J.K. PICKETT Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 19 of 45
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 L. RAHL Mgmt For For
12 F.D. RAINES Mgmt For For
13 H.P. SWYGERT Mgmt For For
2 RATIFICATION OF THE SELECTION OF Mgmt For For
AUDITORS
3 APPROVAL OF AN AMENDMENT TO THE Mgmt For For
FANNIE MAE EMPLOYEE STOCK PURCHASE
PLAN
4 STOCKHOLDER PROPOSAL TO REINSTATE Shr Against For
CUMULATIVE VOTING
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 20 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932098343
FEDERAL HOME LOAN MORTGAGE
Security: 313400301 Meeting Type: Annual
Ticker: FRE Meeting Date: 31-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOAN E. DONOGHUE Mgm Withheld Against
2 MICHELLE ENGLER Mgmt Withheld Against
3 RICHARD KARL GOELTZ Mgmt Withheld Against
4 GEORGE D. GOULD Mgmt Withheld Against
5 HENRY KAUFMAN Mgmt Withheld Against
6 JOHN B. MCCOY Mgmt Withheld Against
7 SHAUN F. O'MALLEY Mgmt Withheld Against
8 RONALD F. POE Mgmt Withheld Against
9 STEPHEN A. ROSS Mgmt Withheld Against
10 DONALD J. SCHUENKE Mgmt Withheld Against
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 21 of 45
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 CHRISTINA SEIX Mgmt Withheld Against
12 RICHARD F. SYRON Mgmt Withheld Against
13 WILLIAM J. TURNER Mgmt Withheld Against
2 RATIFICATION OF APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT AUDITORS FOR THE YEAR
2003
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 22 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932093519
FLEETBOSTON FINANCIAL CORP
Security: 339030108 Meeting Type: Special
Ticker: FBF Meeting Date: 17-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL OF THE MERGER AGREEMENT Mgmt For For
2 APPROVAL OF PROPOSAL TO ADJOURN THE Mgmt For For
FLEETBOSTON SPECIAL MEETING, IF
NECESSARY, TO SOLICIT ADDITIONAL
PROXIES
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 23 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932101859
GOLDEN WEST FINANCIAL CORP
Security: 381317106 Meeting Type: Annual
Ticker: GDW Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 PATRICIA A. KING Mgmt For For
2 MARION O. SANDLER Mgmt For For
3 LESLIE TANG SCHILLING Mgmt For For
2 INCREASE THE NUMBER OF AUTHORIZED Mgmt For For
SHARES OF COMMON STOCK FROM
200,000,000 TO 600,000,000.
3 RATIFICATION OF THE SELECTION OF Mgmt For For
DELOITTE & TOUCHE LLP TO SERVE AS
THE COMPANY S INDEPENDENT OUTSIDE
AUDITORS FOR THE YEAR ENDING
DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 24 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932101758
HIBERNIA CORPORATION
Security: 428656102 Meeting Type: Annual
Ticker: HIB Meeting Date: 21-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 E. R. 'BO' CAMPBELL Mgmt For For
2 RICHARD W. FREEMAN, JR. Mgmt For For
3 RANDALL E. HOWARD Mgmt For For
4 ELTON R. KING Mgmt For For
2 TO RATIFY THE APPOINTMENT OF ERNST Mgmt For For
& YOUNG LLP AS INDEPENDENT AUDITORS
FOR THE COMPANY FOR 2004
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 25 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932142211
J.P. MORGAN CHASE & CO.
Security: 46625H100 Meeting Type: Annual
Ticker: JPM Meeting Date: 25-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 MERGER PROPOSAL Mgmt For For
2 DIRECTOR
1 HANS W. BECHERER Mgmt For For
2 FRANK A. BENNACK, JR. Mgmt For For
3 JOHN H. BIGGS Mgmt For For
4 LAWRENCE A. BOSSIDY Mgmt For For
5 ELLEN V. FUTTER Mgmt For For
6 WILLIAM H. GRAY, III Mgmt For For
7 WILLIAM B. HARRISON, JR Mgmt For For
8 HELENE L. KAPLAN Mgmt For For
9 LEE R. RAYMOND Mgmt For For
10 JOHN R. STAFFORD Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 26 of 45
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
3 APPOINTMENT OF EXTERNAL AUDITOR Mgmt For For
4 RE-APPROVAL OF KEY EXECUTIVE Mgmt For For
PERFORMANCE PLAN
5 ADJOURNMENT OF MEETING, IF Mgmt For For
NECESSARY, TO SOLICIT ADDITIONAL
PROXIES
6 DIRECTOR TERM LIMIT Mgmt Against For
7 CHARITABLE CONTRIBUTIONS Mgmt Against For
8 POLITICAL CONTRIBUTIONS Mgmt Against For
9 SEPARATION OF CHAIRMAN AND CEO Mgmt For Against
10 DERIVATIVE DISCLOSURE Mgmt For Against
11 AUDITOR INDEPENDENCE Mgmt For Against
12 DIRECTOR COMPENSATION Mgmt Against For
13 PAY DISPARITY Mgmt For Against
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 27 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932125001
KEYCORP
Security: 493267108 Meeting Type: Annual
Ticker: KEY Meeting Date: 13-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ALEXANDER M. CUTLER Mgmt For For
2 DOUGLAS J. MCGREGOR Mgmt For For
3 EDUARDO R. MENASCE Mgmt For For
4 HENRY L. MEYER III Mgmt For For
5 PETER G. TEN EYCK, II Mgmt For For
2 APPROVAL OF THE KEYCORP 2004 EQUITY Mgmt For For
COMPENSATION PLAN.
3 APPROVAL OF THE KEYCORP ANNUAL Mgmt For For
PERFORMANCE PLAN.
4 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
INDEPENDENT AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 28 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932127396
KNIGHT TRADING GROUP, INC
Security: 499063105 Meeting Type: Annual
Ticker: NITE Meeting Date: 12-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM L. BOLSTER Mgmt For For
2 CHARLES V. DOHERTY Mgmt For For
3 GARY R. GRIFFITH Mgmt For For
4 THOMAS M. JOYCE Mgmt For For
5 ROBERT M. LAZAROWITZ Mgmt For For
6 THOMAS C. LOCKBURNER Mgmt For For
7 RODGER O. RINEY Mgmt For For
2 RATIFICATION OF THE SELECTION OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS THE
COMPANY S INDEPENDENT AUDITOR FOR
2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 29 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932107231
MBNA CORPORATION
Security: 55262L100 Meeting Type: Annual
Ticker: KRB Meeting Date: 03-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JAMES H. BERICK Mgmt For For
2 BENJAMIN R. CIVILETTI Mgmt For For
3 BRUCE L. HAMMONDS Mgmt For For
4 WILLIAM L. JEWS Mgmt For For
5 RANDOLPH D. LERNER Mgmt For For
6 STUART L. MARKOWITZ Mgmt For For
7 WILLIAM B. MILSTEAD Mgmt For For
2 RATIFICATION OF APPOINTMENT OF Mgmt For For
INDEPENDENT AUDITORS
3 STOCKHOLDER PROPOSAL (ITEM 3 IN Shr Abstain Against
PROXY STATEMENT)
4 STOCKHOLDER PROPOSAL (ITEM 4 IN Shr Abstain Against
PROXY STATEMENT)
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 30 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932101037
MERRILL LYNCH & CO., INC.
Security: 590188108 Meeting Type: Annual
Ticker: MER Meeting Date: 23-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DAVID K. NEWBIGGING Mgmt For For
2 JOSEPH W. PRUEHER Mgmt For For
2 RATIFY APPOINTMENT OF DELOITTE & Mgmt Against Against
TOUCHE LLP AS INDEPENDENT AUDITOR
3 INSTITUTE CUMULATIVE VOTING Mgmt Against For
4 INDEPENDENT CHAIRMAN SEPARATE FROM Mgmt For Against
CHIEF EXECUTIVE OFFICER
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 31 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932101669
MORGAN STANLEY
Security: 617446448 Meeting Type: Annual
Ticker: MWD Meeting Date: 20-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN W. MADIGAN Mgmt For For
2 DR. KLAUS ZUMWINKEL Mgmt For For
3 SIR HOWARD DAVIES Mgmt For For
2 TO RATIFY THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS
INDEPENDENT AUDITORS
3 SHAREHOLDER PROPOSAL TO DECLASSIFY Shr For Against
THE BOARD OF DIRECTORS
4 SHAREHOLDER PROPOSAL TO REQUIRE Shr Abstain Against
SHAREHOLDER APPROVAL OF GOLDEN
PARACHUTE AGREEMENTS
5 SHAREHOLDER PROPOSAL TO DISCLOSE Shr For Against
POLITICAL CONTRIBUTIONS
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 32 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932104069
NORTH FORK BANCORPORATION
Security: 659424105 Meeting Type: Annual
Ticker: NFB Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JAMES F. REEVE Mgmt For For
2 GEORGE H. ROWSOM Mgmt For For
3 DR. KURT R. SCHMELLER Mgmt For For
2 THE RATIFICATION OF THE SELECTION Mgmt For For
OF KPMG LLP AS THE COMPANY S
INDEPENDENT AUDITOR FOR THE FISCAL
YEAR ENDING DECEMBER 31, 2004
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 33 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932132323
RADIAN GROUP INC.
Security: 750236101 Meeting Type: Annual
Ticker: RDN Meeting Date: 11-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JAMES W. JENNINGS Mgmt For For
2 ROY J. KASMAR Mgmt For For
3 HERBERT WENDER Mgmt For For
4 JAN NICHOLSON Mgmt For For
2 TO AMEND AND RESTATE RADIAN S Mgmt Against Against
EQUITY COMPENSATION PLAN.
3 TO ADOPT RADIAN S AMENDED AND Mgmt For For
RESTATED CERTIFICATE OF
INCORPORATION.
4 TO RATIFY THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS RADIAN S
INDEPENDENT AUDITORS FOR THE YEAR
ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 34 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932115315
SOVEREIGN BANCORP, INC.
Security: 845905108 Meeting Type: Annual
Ticker: SOV Meeting Date: 22-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ANDREW C. HOVE, JR. Mgmt For For
2 DANIEL K. ROTHERMEL Mgmt For For
2 RATIFY THE APPOINTMENT OF ERNST & Mgmt For For
YOUNG LLP AS SOVEREIGN S
INDEPENDENT AUDITORS FOR THE FISCAL
YEAR ENDING DECEMBER 31, 2004.
3 APPROVE AN AMENDMENT TO SOVEREIGN S Mgmt For For
ARTICLES OF INCORPORATION TO
INCREASE THE NUMBER OF AUTHORIZED
SHARES OF COMMON STOCK FROM 400
MILLION SHARES TO 800 MILLION
SHARES.
4 APPROVE SOVEREIGN S 2004 BROAD- Mgmt For For
BASED STOCK INCENTIVE PLAN AND THE
CONTINUATION OF SOVEREIGN S
EMPLOYEE STOCK PURCHASE PLAN.
5 APPROVE SOVEREIGN S BONUS Mgmt For For
RECOGNITION AND RETENTION PROGRAM.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 35 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932100275
SUNTRUST BANKS, INC.
Security: 867914103 Meeting Type: Annual
Ticker: STI Meeting Date: 20-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 J. HICKS LANIER Mgmt For For
2 LARRY L. PRINCE Mgmt For For
3 FRANK S. ROYAL, M.D. Mgmt For For
4 ROBERT M. BEALL, II Mgmt For For
5 JEFFREY C. CROWE Mgmt For For
2 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt For For
OF PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT AUDITORS FOR 2004.
3 PROPOSAL TO APPROVE THE COMPANY S Mgmt For For
2004 STOCK PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 36 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932118854
THE CHARLES SCHWAB CORPORPORATION
Security: 808513105 Meeting Type: Annual
Ticker: SCH Meeting Date: 17-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DONALD G. FISHER Mgmt For For
2 PAULA A. SNEED Mgmt For For
3 DAVID B. YOFFIE Mgmt For For
2 APPROVAL OF THE 2004 STOCK Mgmt For For
INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 37 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932090373
THE GOLDMAN SACHS GROUP, INC
Security: 38141G104 Meeting Type: Annual
Ticker: GS Meeting Date: 31-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 LLOYD C. BLANKFEIN Mgmt For For
2 LD BROWNE OF MADINGLEY Mgmt For For
3 CLAES DAHLBACK Mgmt For For
4 JAMES A. JOHNSON Mgmt For For
5 LOIS D. JULIBER Mgmt For For
2 RATIFICATION OF THE APPOINTMENT BY Mgmt For For
THE AUDIT COMMITTEE OF THE BOARD OF
DIRECTORS OF PRICEWATERHOUSECOOPERS
LLP AS INDEPENDENT AUDITORS FOR THE
2004 FISCAL YEAR.
3 ANNUAL ELECTION OF ALL DIRECTORS TO Mgmt Abstain Against
THE BOARD OF DIRECTORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 38 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932156208
THE PMI GROUP, INC.
Security: 69344M101 Meeting Type: Annual
Ticker: PMI Meeting Date: 27-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MARIANN BYERWALTER Mgmt For For
2 DR. JAMES C. CASTLE Mgmt For For
3 CARMINE GUERRO Mgmt For For
4 W. ROGER HAUGHTON Mgmt For For
5 WAYNE E. HEDIEN Mgmt For For
6 LOUIS O. LOWER II Mgmt For For
7 RAYMOND L. OCAMPO JR. Mgmt For For
8 JOHN D. ROACH Mgmt For For
9 DR. KENNETH T. ROSEN Mgmt For For
10 STEVEN L. SCHEID Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 39 of 45
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 L. STEPHEN SMITH Mgmt For For
12 RICHARD L. THOMAS Mgmt For For
13 MARY LEE WIDENER Mgmt For For
14 RONALD H. ZECH Mgmt For For
2 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
ERNST & YOUNG LLP AS THE COMPANY S
INDEPENDENT AUDITORS FOR THE YEAR
ENDING DECEMBER 31, 2004.
3 APPROVAL OF THE AMENDED AND Mgmt For For
RESTATED EQUITY INCENTIVE PLAN.
4 APPROVAL OF THE MATCHING Mgmt For For
CONTRIBUTION FEATURE OF THE OFFICER
DEFERRED COMPENSATION PLAN.
5 APPROVAL OF THE AMENDED AND Mgmt For For
RESTATED BONUS INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 40 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932099814
U.S. BANCORP
Security: 902973304 Meeting Type: Annual
Ticker: USB Meeting Date: 20-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 V. BUYNISKI GLUCKMAN Mgmt For For
2 ARTHUR D. COLLINS, JR. Mgmt For For
3 JERRY W. LEVIN Mgmt For For
4 THOMAS E. PETRY Mgmt For For
5 RICHARD G. REITEN Mgmt For For
2 RATIFY SELECTION OF ERNST & YOUNG Mgmt For For
LLP AS INDEPENDENT AUDITORS FOR THE
2004 FISCAL YEAR.
3 SHAREHOLDER PROPOSAL: Shr Abstain Against
COMPENSATION SYSTEM FOR SENIOR
EXECUTIVES.
4 SHAREHOLDER PROPOSAL: Shr Abstain Against
SUPPLEMENTAL EXECUTIVE RETIREMENT
BENEFITS.
5 SHAREHOLDER PROPOSAL: SIMPLE Shr For Against
MAJORITY VOTING.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 41 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932121661
UNIONBANCAL CORPORATION
Security: 908906100 Meeting Type: Annual
Ticker: UB Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DAVID R. ANDREWS Mgmt For For
2 L. DALE CRANDALL Mgmt For For
3 RICHARD D. FARMAN Mgmt For For
4 STANLEY F. FARRAR Mgmt For For
5 PHILIP B. FYLNN Mgmt For For
6 MICHAEL J. GILLFILLAN Mgmt For For
7 RICHARD C. HARTNACK Mgmt For For
8 NORIMICHI KANARI Mgmt For For
9 SATORU KISHI Mgmt For For
10 MONICA C. LOZANO Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 42 of 45
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 MARY S. METZ Mgmt For For
12 TAKAHIRO MORIGUCHI Mgmt For For
13 J. FERNANDO NIEBLA Mgmt For For
14 TAKAHARU SAEGUSA Mgmt For For
15 TETSUO SHIMURA Mgmt For For
2 TO AMEND THE 1997 UNIONBANCAL Mgmt For For
CORPORATION PERFORMANCE SHARE PLAN.
3 TO RATIFY THE SELECTION OF Mgmt For For
UNIONBANCAL CORPORATION S
INDEPENDENT AUDITORS, DELOITTE &
TOUCHE LLP, FOR 2004.
4 TO APPROVE A STOCKHOLDER PROPOSAL Shr Abstain Against
REGARDING CUMULATIVE VOTING.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 43 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932106431
WACHOVIA CORPORATION
Security: 929903102 Meeting Type: Annual
Ticker: WB Meeting Date: 20-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JAMES S. BALLOUN Mgmt For For
2 JOHN T. CASTEEN, III Mgmt For For
3 JOSEPH NEUBAUER Mgmt For For
4 LANTY L. SMITH Mgmt For For
5 DONA DAVIS YOUNG Mgmt For For
2 A WACHOVIA PROPOSAL TO RATIFY THE Mgmt For For
APPOINTMENT OF KPMG LLP AS AUDITORS
FOR THE YEAR 2004.
3 A STOCKHOLDER PROPOSAL, WHICH Shr Against For
MANAGEMENT OPPOSES, REGARDING
NOMINATING DIRECTORS.
4 A STOCKHOLDER PROPOSAL, WHICH Shr Against For
MANAGEMENT OPPOSES, REGARDING
REPORTING POLITICAL INFORMATION.
5 A STOCKHOLDER PROPOSAL, WHICH Shr For Against
MANAGEMENT OPPOSES, REGARDING
SEPARATING THE OFFICES OF CHAIRMAN
AND CHIEF EXECUTIVE OFFICER.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 44 of 45
Account Group: FBR Large Cap Financial Fund Agenda Number: 932099167
WASHINGTON MUTUAL, INC.
Security: 939322103 Meeting Type: Annual
Ticker: WM Meeting Date: 20-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ANNE V. FARRELL Mgmt For For
2 STEPHEN E. FRANK Mgmt For For
3 MARGARET OSMER MCQUADE Mgmt For For
4 WILLIAM D. SCHULTE Mgmt For For
2 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS THE
COMPANY S INDEPENDENT AUDITORS FOR
2004
3 SHAREHOLDER PROPOSAL RELATING TO A Shr Abstain Against
SPECIFIC COMPENSATION PROGRAM
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 20-Jul-2004
Page: Page 45 of 45
Account Group: FBR Large Financial Fund Agenda Number: 932108459
WEBSTER FINANCIAL CORPORATION
Security: 947890109 Meeting Type: Annual
Ticker: WBS Meeting Date: 22-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOEL S. BECKER Mgmt For For
2 WILLIAM T. BROMAGE Mgmt For For
3 JAMES C. SMITH Mgmt For For
2 TO RATIFY THE APPOINTMENT BY THE Mgmt For For
BOARD OF DIRECTORS OF THE FIRM OF
KPMG LLP AS INDEPENDENT AUDITORS OF
WEBSTER FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 1 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932033210
3COM CORPORATION 3COM CORP
Security: 885535104 Meeting Type: Annual
Ticker: COMS Meeting Date:
23-Sep-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 BRUCE L. CLAFLIN Mgmt For For
2 PAUL G. YOVOVICH Mgmt For For
2 TO APPROVE THE 3COM 2003 STOCK PLAN Mgmt For For
WITH AN INITIAL SHARE RESERVE OF
20,000,000 AND THEREBY ELIMINATE
THE SHARES AVAILABLE FOR FUTURE
GRANTS UNDER THE COMPANY S PRIOR
EQUITY COMPENSATION PLANS.
3 TO APPROVE AN INCREASE IN THE SHARE Mgmt For For
RESERVE UNDER THE COMPANY S 1984
EMPLOYEE STOCK PURCHASE PLAN BY
5,000,000 SHARES.
4 TO RATIFY THE APPOINTMENT OF Mgmt Against Against
DELOITTE & TOUCHE LLP AS THE
COMPANY S INDEPENDENT PUBLIC
ACCOUNTANTS FOR THE FISCAL YEAR
ENDING MAY 28, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 2 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932078125
AGILENT TECHNOLOGIES, INC AGILENT TECHNOLOGIES IN
Security: 00846U101 Meeting Type: Annual
Ticker: A Meeting Date: 02-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JAMES G. CULLEN Mgmt Withheld Against
2 ROBERT L. JOSS Mgmt For For
3 WALTER B. HEWLETT Mgmt For For
2 THE RATIFICATION OF THE AUDIT AND Mgmt For For
FINANCE COMMITTEE S APPOINTMENT OF
PRICEWATERHOUSECOOPERS LLP, AS
AGILENT S INDEPENDENT AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 3 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932143441
AMERICAN POWER CONVERSION
Security: 029066107 Meeting Type: Annual
Ticker: APCC Meeting Date: 10-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO FIX THE NUMBER OF DIRECTORS AT Mgmt For For
EIGHT.
2 DIRECTOR
1 RODGER B. DOWDELL, JR. Mgmt For For
2 EMANUEL E. LANDSMAN Mgmt For For
3 NEIL E. RASMUSSEN Mgmt For For
4 ERVIN F. LYON Mgmt For For
5 JAMES D. GERSON Mgmt For For
6 JOHN G. KASSAKIAN Mgmt For For
7 JOHN F. KEANE, SR. Mgmt For For
8 ELLEN B. RICHSTONE Mgmt For For
3 TO APPROVE THE COMPANY S 2004 LONG- Mgmt For For
TERM INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 4 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
4 TO RATIFY THE APPOINTMENT OF THE Mgmt For For
COMPANY S INDEPENDENT AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 5 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932101164
APPLE COMPUTER, INC.
Security: 037833100 Meeting Type: Annual
Ticker: AAPL Meeting Date: 22-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM V. CAMPBELL Mgmt For For
2 MILLARD S. DREXLER Mgmt For For
3 ALBERT A. GORE, JR. Mgmt For For
4 STEVEN P. JOBS Mgmt For For
5 ARTHUR D. LEVINSON Mgmt For For
6 JEROME B. YORK Mgmt For For
2 TO RATIFY THE APPOINTMENT OF KPMG Mgmt For For
LLP AS INDEPENDENT AUDITORS OF THE
COMPANY FOR FISCAL YEAR 2004.
3 TO CONSIDER A SHAREHOLDER PROPOSAL Shr For Against
IF PROPERLY PRESENTED AT THE
MEETING.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 6 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932046142
APPLERA CORPORATION
Security: 038020103 Meeting Type: Annual
Ticker: ABI Meeting Date: 16-Oct-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RICHARD H. AYERS Mgmt
2 JEAN-LUC BELINGARD Mgmt
3 ROBERT H. HAYES Mgmt
4 ARNOLD J. LEVINE Mgmt
5 WILLIAM H. LONGFIELD Mgmt
6 THEODORE E. MARTIN Mgmt
7 CAROLYN W. SLAYMAN Mgmt
8 ORIN R. SMITH Mgmt
9 JAMES R. TOBIN Mgmt
10 TONY L. WHITE Mgmt
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 7 of 172
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
2 RATIFICATION OF THE SELECTION OF Mgmt
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT ACCOUNTANTS FOR THE
FISCAL YEAR ENDING JUNE 30,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 8 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932054593
BIOGEN, INC. BIOGEN INC
Security: 090597105 Meeting Type: Special
Ticker: BGEN Meeting Date: 12-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO APPROVE THE AGREEMENT AND PLAN Mgmt For For
OF MERGER, DATED AS OF JUNE 20,
2003, BY AND AMONG IDEC
PHARMACEUTICALS CORPORATION,
BRIDGES MERGER CORPORATION AND
BIOGEN.
2 TO APPROVE ANY PROPOSAL TO ADJOURN Mgmt For For
THE MEETING TO A LATER DATE, IF
NECESSARY, TO SOLICIT ADDITIONAL
PROXIES IF THERE ARE NOT SUFFICIENT
VOTES IN FAVOR OF APPROVAL OF THE
AGREEMENT AND PLAN OF MERGER.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 9 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932104576
CANON INC. CANON INC NEW ADR
Security: 138006309 Meeting Type: Annual
Ticker: CAJ Meeting Date: 30-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL OF THE PROPOSAL OF PROFIT Mgmt For For
APPROPRIATION FOR THE 103RD
BUSINESS TERM.
2 PARTIAL AMENDMENT OF THE ARTICLES Mgmt For For
OF INCORPORATION. GIST OF THIS ITEM
IS SET FORTH IN THE REFERENCE
MATERIALS FOR EXERCISE OF VOTING
RIGHTS HEREAFTER.
3 ELECTION OF TWENTY-SEVEN DIRECTORS. Mgmt For For
4 ELECTION OF THREE CORPORATE Mgmt For For
AUDITORS.
5 ELECTION OF ADDITIONAL ACCOUNTING Mgmt For For
AUDITOR.
6 GRANT OF RETIRING ALLOWANCE TO Mgmt For For
DIRECTORS AND CORPORATE AUDITORS TO
BE RETIRED.
7 REVISION OF THE REMUNERATIONS FOR Mgmt For For
DIRECTORS AND CORPORATE AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 10 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932150674
CDW CORPORATION
Security: 12512N105 Meeting Type: Annual
Ticker: CDW Meeting Date: 20-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MICHELLE L. COLLINS Mgmt Withheld Against
2 CASEY G. COWELL Mgmt Withheld Against
3 JOHN A. EDWARDSON Mgmt For For
4 DANIEL S. GOLDIN Mgmt For For
5 DONALD P. JACOBS Mgmt For For
6 MICHAEL P. KRASNY Mgmt For For
7 TERRY L. LENGFELDER Mgmt For For
8 SUSAN D. WELLINGTON Mgmt Withheld Against
9 BRIAN E. WILLIAMS Mgmt Withheld Against
2 RATIFICATION OF THE SELECTION OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS THE
INDEPENDENT ACCOUNTANTS OF CDW
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 11 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
3 APPROVAL OF THE 2004 NON-EMPLOYEE Mgmt For For
DIRECTOR EQUITY COMPENSATION PLAN
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 12 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932107635
CELESTICA INC.
Security: 15101Q108 Meeting Type: Annual
Ticker: CLS Meeting Date: 05-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 ELECTION OF DIRECTORS Mgmt Abstain Against
2 APPOINTMENT OF KPMG LLP AS AUDITORS Mgmt Against Against
AND AUTHORIZATION OF THE BOARD OF
DIRECTORS OF CELESTICA INC. TO FIX
THE REMUNERATION OF THE AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 13 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932183976
CHECK POINT SOFTWARE TECH
Security: M22465104 Meeting Type: Annual
Ticker: CHKP Meeting Date: 30-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 ELECTION OF DIRECTORS (OTHER THAN Mgmt For For
OUTSIDE DIRECTORS): (NOTE:
DIRECTORS ARE ELECTED AS A GROUP,
NOT INDIVIDUALLY): GIL SHWED,
MARIUS NACHT, DAVID RUBNER, TAL
SHAVIT.
2 TO RATIFY THE CONSOLIDATED Mgmt For For
FINANCIAL STATEMENTS OF THE COMPANY
FOR THE YEAR ENDED DECEMBER 31,
2003.
3 TO RATIFY THE APPOINTMENT AND Mgmt For For
COMPENSATION OF THE COMPANY S
INDEPENDENT PUBLIC ACCOUNTANTS.
4 TO APPROVE AMENDMENT TO DIRECTORS Mgmt For For
COMPENSATION.
5 TO APPROVE EXECUTIVE OFFICERS Mgmt For For
COMPENSATION.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 14 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932020124
CHECK POINT SOFTWARE TECH ***CHECK POINT SOFTWARE
Security: M22465104 Meeting Type: Annual
Ticker: CHKP Meeting Date: 31-Jul-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 ELECTION OF DIRECTORS (NOTE: Mgmt For For
DIRECTORS ARE ELECTED AS A GROUP,
NOT INDIVIDUALLY): GIL SHWED,
MARIUS NACHT, DAVID RUBNER, ALEX
SERGE VIEUX, TAL SHAVIT.
2 ELECTION OF TWO OUTSIDE DIRECTORS Mgmt For For
FOR A PERIOD OF THREE YEARS
FOLLOWING THE MEETING.
3 TO AUTHORIZE THE CHAIRMAN OF THE Mgmt For For
BOARD TO CONTINUE SERVING AS
CHAIRMAN OF THE BOARD AND CHIEF
EXECUTIVE OFFICER OF THE COMPANY
FOR UP TO THREE YEARS FOLLOWING THE
MEETING.
4 TO RATIFY THE CONSOLIDATED Mgmt For For
FINANCIAL STATEMENTS FOR THE YEAR
ENDED DECEMBER 31, 2002.
5 TO RATIFY THE APPOINTMENT AND Mgmt For For
COMPENSATION OF THE COMPANY S
INDEPENDENT PUBLIC ACCOUNTANTS.
6 TO APPROVE CERTAIN TERMS OF Mgmt For For
COMPENSATION OF OFFICERS WHO ARE
ALSO DIRECTORS OF THE COMPANY.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 15 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932126964
CHIRON CORPORATION
Security: 170040109 Meeting Type: Annual
Ticker: CHIR Meeting Date: 27-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 VAUGHN D. BRYSON Mgmt For For
2 PIERRE E. DOUAZE Mgmt For For
3 EDWARD E. PENHOET Mgmt For For
2 TO APPROVE THE AMENDED AND RESTATED Mgmt For For
CHIRON 1991 STOCK OPTION PLAN,
RENAMED THE CHIRON 2004 STOCK
COMPENSATION PLAN.
3 TO RATIFY THE APPOINTMENT OF ERNST Mgmt For For
& YOUNG LLP AS CHIRON S INDEPENDENT
AUDITORS FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 16 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932046899
CISCO SYSTEMS, INC. CISCO SYSTEMS, INC.
Security: 17275R102 Meeting Type: Annual
Ticker: CSCO Meeting Date: 11-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 CAROL A. BARTZ Mgmt For For
2 LARRY R. CARTER Mgmt For For
3 JOHN T. CHAMBERS Mgmt For For
4 DR. JAMES F. GIBBONS Mgmt For For
5 DR. JOHN L. HENNESSY Mgmt For For
6 RODERICK C. MCGEARY Mgmt Withheld Against
7 JAMES C. MORGAN Mgmt For For
8 JOHN P. MORGRIDGE Mgmt For For
9 DONALD T. VALENTINE Mgmt For For
10 STEVEN M. WEST Mgmt Withheld Against
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 17 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 JERRY YANG Mgmt Withheld Against
2 TO APPROVE AN AMENDMENT AND Mgmt For For
RESTATEMENT OF THE EMPLOYEE STOCK
PURCHASE PLAN, INCLUDING AN
INCREASE OF 100,000,000 SHARES
AUTHORIZED FOR ISSUANCE UNDER THE
PLAN AND A 5-YEAR EXTENSION OF THE
PLAN, AS MORE FULLY SET FORTH IN
THE ACCOMPANYING PROXY STATEMENT.
3 TO RATIFY THE APPOINTMENT OF Mgmt Against Against
PRICEWATERHOUSECOOPERS LLP AS
CISCO S INDEPENDENT AUDITORS FOR
THE FISCAL YEAR ENDING JULY 31,
2004.
4 PROPOSAL SUBMITTED BY A Shr Against For
SHAREHOLDER THAT THE BOARD PREPARE
A REPORT EACH FISCAL YEAR ON CISCO
HARDWARE AND SOFTWARE PROVIDED TO
GOVERNMENT AGENCIES AND STATE-
OWNED COMMUNICATIONS OR INFORMATION
TECHNOLOGY ENTITIES IN ANY COUNTRY,
AS MORE FULLY SET FORTH IN THE
ACCOMPANYING PROXY STATEMENT.
5 PROPOSAL SUBMITTED BY SHAREHOLDERS Shr For Against
THAT THE BOARD S COMPENSATION
COMMITTEE PREPARE AND MAKE
AVAILABLE BY JANUARY 1, 2004, A
REPORT COMPARING TOTAL COMPENSATION
OF THE COMPANY S TOP EXECUTIVES AND
ITS LOWEST PAID WORKERS IN THE U.S.
AND ABROAD AS OF SPECIFIC DATES, AS
MORE FULLY SET FORTH IN THE
ACCOMPANYING PROXY STATEMENT.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 18 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932029122
COMPUWARE CORPORATION COMPUWARE CORP
Security: 205638109 Meeting Type: Annual
Ticker: CPW Meeting Date: 26-Aug-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DENNIS W. ARCHER Mgmt For For
2 GURMINDER S. BEDI Mgmt For For
3 ELIZABETH A. CHAPPELL Mgmt For For
4 ELAINE K. DIDIER Mgmt For For
5 WILLIAM O. GRABE Mgmt For For
6 WILLIAM R. HALLING Mgmt For For
7 PETER KARMANOS, JR. Mgmt For For
8 FAYE ALEXANDER NELSON Mgmt For For
9 GLENDA D. PRICE Mgmt For For
10 W. JAMES PROWSE Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 19 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 G. SCOTT ROMNEY Mgmt For For
12 LOWELL P. WEICKER, JR. Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 20 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932162996
COMVERSE TECHNOLOGY, INC.
Security: 205862402 Meeting Type: Annual
Ticker: CMVT Meeting Date: 15-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 KOBI ALEXANDER Mgmt For For
2 RAZ ALON Mgmt For For
3 ITSIK DANZIGER Mgmt For For
4 JOHN H. FRIEDMAN Mgmt For For
5 RON HIRAM Mgmt For For
6 SAM OOLIE Mgmt For For
7 WILLIAM F. SORIN Mgmt For For
2 ADOPTION AND APPROVAL OF THE Mgmt For For
COMPANY S 2004 STOCK INCENTIVE
COMPENSATION PLAN.
3 RATIFICATION OF THE ENGAGEMENT OF Mgmt For For
DELOITTE & TOUCHE LLP TO SERVE AS
INDEPENDENT AUDITORS OF THE COMPANY
FOR THE YEAR ENDING JANUARY 31,
2005.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 21 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932062273
COMVERSE TECHNOLOGY, INC. COMVERSE TECHNOLOGY INC
Security: 205862402 Meeting Type: Annual
Ticker: CMVT Meeting Date: 16-Dec-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 KOBI ALEXANDER Mgmt For For
2 RAZ ALON Mgmt For For
3 ITSIK DANZIGER Mgmt For For
4 JOHN H. FRIEDMAN Mgmt For For
5 RON HIRAM Mgmt For For
6 SAM OOLIE Mgmt For For
7 WILLIAM F. SORIN Mgmt For For
2 AMENDMENT OF THE COMPANY S 2002 Mgmt For For
EMPLOYEE STOCK PURCHASE PLAN.
3 ADOPTION AND APPROVAL OF THE Mgmt For For
COMPANY S 2004 MANAGEMENT INCENTIVE
PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 22 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
4 RATIFICATION OF THE ENGAGEMENT OF Mgmt For For
DELOITTE & TOUCHE LLP TO SERVE AS
INDEPENDENT AUDITORS OF THE COMPANY
FOR THE YEAR ENDING JANUARY 31,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 23 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932049201
CONCORD EFS, INC. CONCORD EFS INC
Security: 206197105 Meeting Type: Special
Ticker: CE Meeting Date: 28-Oct-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO ADOPT THE AGREEMENT AND PLAN OF Mgmt For For
MERGER, DATED AS OF APRIL 1, 2003,
AMONG FIRST DATA CORPORATION, MONACO
SUBSIDIARY CORPORATION, A WHOLLY
OWNED SUBSIDIARY OF FIRST DATA
CORPORATION, AND CONCORD EFS, INC.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 24 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932088378
CONCORD EFS, INC. CONCORD EFS INC
Security: 206197105 Meeting Type: Special
Ticker: CE Meeting Date: 26-Feb-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO ADOPT THE AGREEMENT AND PLAN OF Mgmt For For
MERGER, DATED AS OF APRIL 1, 2003,
AS AMENDED BY THE AMENDMENT AND
ABEYANCE AGREEMENT, DATED AS OF
DECEMBER 14, 2003, AMONG FIRST DATA
CORPORATION, MONACO SUBSIDIARY
CORPORATION, A WHOLLY OWNED
SUBSIDIARY OF FIRST DATA
CORPORATION, AND CONCORD EFS, INC.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 25 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932116545
DST SYSTEMS, INC.
Security: 233326107 Meeting Type: Annual
Ticker: DST Meeting Date: 11-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 A. EDWARD ALLINSON Mgmt Withheld Against
2 MICHAEL G. FITT Mgmt Withheld Against
2 AMENDMENT OF CERTIFICATE OF Mgmt Abstain Against
INCORPORATION TO INCREASE
AUTHORIZED CAPITAL STOCK
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 26 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932067552
DST SYSTEMS, INC. DST SYSTEMS INC-DEL
Security: 233326107 Meeting Type: Special
Ticker: DST Meeting Date: 28-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL OF THE SHARE EXCHANGE Mgmt For For
AGREEMENT DATED AUGUST 25, 2003, BY
AND AMONG DST SYSTEMS, INC., DST
OUTPUT MARKETING SERVICES, INC. AND
JANUS CAPITAL GROUP INC. AND THE
TRANSACTIONS CONTEMPLATED THEREBY.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 27 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932122043
EASTMAN KODAK COMPANY
Security: 277461109 Meeting Type: Annual
Ticker: EK Meeting Date: 12-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM H. HERNANDEZ Mgmt For For
2 HECTOR DE J. RUIZ Mgmt Withheld Against
3 LAURA D'ANDREA TYSON Mgmt For For
2 RATIFICATION OF ELECTION OF Mgmt For For
INDEPENDENT ACCOUNTANTS
3 RE-APPROVAL OF MATERIAL TERMS OF THE Mgmt Abstain Against
PERFORMANCE GOALS OF THE 2000
OMNIBUS LONG-TERM COMPENSATION PLAN
4 SHAREHOLDER PROPOSAL REQUESTING Shr For Against
ADOPTION OF A CHEMICALS POLICY
5 SHAREHOLDER PROPOSAL REQUESTING Shr Abstain Against
LIMITS ON COMPENSATION OF CERTAIN
EXECUTIVES
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 28 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932013066
ELECTRONIC ARTS INC. ELECTRONIC ARTS
Security: 285512109 Meeting Type: Annual
Ticker: ERTS Meeting Date: 31-Jul-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 M. RICHARD ASHER Mgmt For For
2 WILLIAM J. BYRON Mgmt For For
3 LEONARD S. COLEMAN Mgmt For For
4 GARY M. KUSIN Mgmt For For
5 GREGORY B. MAFFEI Mgmt For For
6 TIMOTHY MOTT Mgmt For For
7 LAWRENCE F. PROBST III Mgmt For For
8 LINDA J. SRERE Mgmt For For
2 AMENDMENT TO THE 2000 EQUITY Mgmt For For
INCENTIVE PLAN
3 AMENDMENT TO THE 2000 EMPLOYEE Mgmt For For
STOCK PURCHASE PLAN
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 29 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
4 RATIFICATION OF APPOINTMENT OF Mgmt For For
INDEPENDENT AUDITORS
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 30 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932103550
EMC CORPORATION
Security: 268648102 Meeting Type: Annual
Ticker: EMC Meeting Date: 05-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN R. EGAN Mgmt For For
2 MICHAEL C. RUETTGERS Mgmt For For
3 DAVID N. STROHM Mgmt For For
2 PROPOSAL 2 - TO APPROVE AN Mgmt For For
AMENDMENT TO EMC S 2003 STOCK PLAN
TO INCREASE BY 50,000,000 THE NUMBER
OF SHARES AVAILABLE FOR GRANT UNDER
SUCH PLAN, AND ALLOW AWARDS OF
RESTRICTED STOCK AND RESTRICTED
STOCK UNITS TO BE GRANTED TO NON-
EMPLOYEE DIRECTORS, AS DESCRIBED IN
EMC S PROXY STATEMENT.
3 PROPOSAL 3 - TO APPROVE AN Mgmt For For
AMENDMENT TO EMC S 1989 EMPLOYEE
STOCK PURCHASE PLAN TO INCREASE BY
25,000,000 THE NUMBER OF SHARES
AVAILABLE FOR GRANT UNDER SUCH PLAN,
AS DESCRIBED IN EMC S PROXY
STATEMENT.
4 PROPOSAL 4 - TO RATIFY THE SELECTION Mgmt For For
BY THE AUDIT COMMITTEE OF THE BOARD
OF DIRECTORS OF
PRICEWATERHOUSECOOPERS LLP AS EMC S
INDEPENDENT AUDITORS FOR THE FISCAL
YEAR ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 31 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
5 PROPOSAL 5 - TO ACT UPON A Shr For Against
STOCKHOLDER PROPOSAL RELATING TO
EXECUTIVE COMPENSATION, AS DESCRIBED
IN EMC S PROXY STATEMENT.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 32 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932125657
FIRST DATA CORPORATION
Security: 319963104 Meeting Type: Annual
Ticker: FDC Meeting Date: 19-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 HENRY C. DUQUES Mgmt For For
2 CHARLES T. FOTE Mgmt For For
3 RICHARD P. KIPHART Mgmt For For
4 JOAN E. SPERO Mgmt For For
2 THE RATIFICATION OF THE SELECTION OF Mgmt For For
ERNST & YOUNG LLP AS INDEPENDENT
AUDITORS OF THE COMPANY FOR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 33 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932042043
FLEXTRONICS INTERNATIONAL
Security: Y2573F102 Meeting Type: Annual
Ticker: FLEX Meeting Date: 30-Sep-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 RE-ELECTION OF RICHARD L. SHARP Mgmt
AS A DIRECTOR OF THE COMPANY.
2 RE-ELECTION OF JAMES A. DAVIDSON Mgmt
AS A DIRECTOR OF THE COMPANY.
3 RE-ELECTION OF LIP-BU TAN AS A Mgmt
DIRECTOR OF THE COMPANY.
4 RE-APPOINTMENT OF PATRICK FOLEY Mgmt
AS A DIRECTOR OF THE COMPANY.
5 TO APPOINT DELOITTE & TOUCHE LLP AS Mgmt
INDEPENDENT AUDITORS OF THE COMPANY
FOR THE FISCAL YEAR ENDING MARCH
31, 2004.
6 TO APPROVE AN AMENDMENT TO THE Mgmt
COMPANY S 1997 EMPLOYEE SHARE
PURCHASE PLAN.
7 TO APPROVE THE AUTHORIZATION FOR Mgmt
THE DIRECTORS OF THE COMPANY TO
ALLOT AND ISSUE ORDINARY SHARES.
8 TO APPROVE THE AUTHORIZATION FOR Mgmt
THE COMPANY TO PROVIDE CASH
COMPENSATION TO ITS DIRECTORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 34 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
9 TO APPROVE THE AUTHORIZATION OF Mgmt
THE PROPOSED RENEWAL OF THE SHARE
MANDATE RELATING TO ACQUISITIONS BY
THE COMPANY OF ITS OWN ISSUED
ORDINARY SHARES.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 35 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932086982
HEWLETT-PACKARD COMPANY
Security: 428236103 Meeting Type: Annual
Ticker: HPQ Meeting Date: 17-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 L.T. BABBIO, JR. Mgmt Withheld Against
2 P.C. DUNN Mgmt Withheld Against
3 C.S. FIORINA Mgmt For For
4 R.A. HACKBORN Mgmt Withheld Against
5 G.A. KEYWORTH II Mgmt Withheld Against
6 R.E. KNOWLING, JR. Mgmt Withheld Against
7 S.M. LITVACK Mgmt Withheld Against
8 R.L. RYAN Mgmt For For
9 L.S. SALHANY Mgmt Withheld Against
2 PROPOSAL TO RATIFY ERNST & YOUNG LLP Mgmt Against Against
AS HEWLETT-PACKARD COMPANY S
INDEPENDENT AUDITORS FOR THE FISCAL
YEAR ENDING OCTOBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 36 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
3 APPROVAL OF THE HEWLETT-PACKARD Mgmt Abstain Against
COMPANY 2004 STOCK INCENTIVE PLAN
4 SHAREOWNER PROPOSAL ENTITLED Mgmt For Against
STOCK OPTION EXPENSING PROPOSAL
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 37 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932054896
IDEC PHARMACEUTICALS CORP
Security: 449370105 Meeting Type: Special
Ticker: IDPH Meeting Date: 12-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 PROPOSAL TO APPROVE THE ISSUANCE OF Mgmt For For
SHARES OF IDEC PHARMACEUTICALS
CORPORATION COMMON STOCK UNDER THE
AGREEMENT AND PLAN OF MERGER, DATED
AS OF JUNE 20, 2003, BY AND AMONG
IDEC, BRIDGES MERGER CORPORATION AND
BIOGEN, INC.
2 PROPOSAL TO AMEND IDEC Mgmt For For
PHARMACEUTICAL CORPORATION S
CERTIFICATE OF INCORPORATION TO
INCREASE THE AUTHORIZED SHARES OF
COMMON STOCK FROM 500,000,000 TO
1,000,000,000 AND TO CHANGE THE NAME
OF THE CORPORATION TO BIOGEN IDEC
INC., EFFECTIVE UPON COMPLETION OF
THE MERGER.
3 PROPOSAL TO APPROVE THE 2003 Mgmt For For
OMNIBUS EQUITY PLAN, EFFECTIVE UPON
COMPLETION OF THE MERGER.
4 PROPOSAL TO APPROVE THE Mgmt For For
PERFORMANCE BASED MANAGEMENT
INCENTIVE PLAN, EFFECTIVE UPON
COMPLETION OF THE MERGER.
5 PROPOSAL TO ADJOURN THE SPECIAL Mgmt For For
MEETING, IF NECESSARY, TO SOLICIT
ADDITIONAL PROXIES IF THERE ARE NOT
SUFFICIENT VOTES IN FAVOR OF THE
FOREGOING PROPOSALS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 38 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932078199
INFINEON TECHNOLOGIES AG
Security: 45662N103 Meeting Type: Annual
Ticker: IFX Meeting Date: 20-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL OF THE ACTS OF THE MANAGING Mgmt
BOARD
2 APPROVAL OF THE ACTS OF THE Mgmt
SUPERVISORY BOARD
3 APPOINTMENT OF AUDITORS Mgmt
4 INCREASE OF AUTHORIZED CAPITAL I/2002 Mgmt
5 AUTHORIZED CAPITAL II/2004 FOR ISSUE TO Mgmt
EMPLOYEES
6 OPENING UP OF CONDITIONAL CAPITAL Mgmt
II/2002
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 39 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932120532
INTEL CORPORATION
Security: 458140100 Meeting Type: Annual
Ticker: INTC Meeting Date: 19-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 CRAIG R. BARRETT Mgmt For For
2 CHARLENE BARSHEFSKY Mgmt For For
3 E. JOHN P. BROWNE Mgmt Withheld Against
4 ANDREW S. GROVE Mgmt For For
5 D. JAMES GUZY Mgmt For For
6 REED E. HUNDT Mgmt Withheld Against
7 PAUL S. OTELLINI Mgmt For For
8 DAVID S. POTTRUCK Mgmt Withheld Against
9 JANE E. SHAW Mgmt For For
10 JOHN L. THORNTON Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 40 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 DAVID B. YOFFIE Mgmt For For
2 RATIFICATION OF SELECTION OF Mgmt For For
INDEPENDENT AUDITORS
3 APPROVAL OF THE 2004 EQUITY INCENTIVE Mgmt For For
PLAN
4 STOCKHOLDER PROPOSAL REQUESTING Shr For Against
THE EXPENSING OF STOCK OPTIONS
5 STOCKHOLDER PROPOSAL REQUESTING Shr For Against
THE USE OF PERFORMANCE-VESTING STOCK
6 STOCKHOLDER PROPOSAL REQUESTING Shr For Against
THE USE OF PERFORMANCE-BASED STOCK
OPTIONS
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 41 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932089661
INTERNATIONAL BUSINESS MACHINES
Security: 459200101 Meeting Type: Annual
Ticker: IBM Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 C. BLACK Mgmt For For
2 K.I. CHENAULT Mgmt For For
3 C. GHOSN Mgmt For For
4 N.O. KEOHANE Mgmt For For
5 C.F. KNIGHT Mgmt For For
6 L.A. NOTO Mgmt For For
7 S.J. PALMISANO Mgmt For For
8 J.B. SLAUGHTER Mgmt For For
9 J.E. SPERO Mgmt For For
10 S. TAUREL Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 42 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 C.M. VEST Mgmt For For
12 L.H. ZAMBRANO Mgmt For For
2 RATIFICATION OF APPOINTMENT OF Mgmt For For
INDEPENDENT ACCOUNTANTS
(PRICEWATERHOUSECOOPERS LLP) (PAGE
22)
3 RATIFICATION OF APPOINTMENT OF Mgmt For For
INDEPENDENT ACCOUNTANTS FOR THE
BUSINESS CONSULTING SERVICES UNIT
(ERNST & YOUNG LLP) (PAGE 22)
4 APPROVAL OF LONG-TERM INCENTIVE Mgmt For For
PERFORMANCE TERMS FOR CERTAIN
EXECUTIVES (PAGE 23)
5 STOCKHOLDER PROPOSAL ON: Shr Against For
CUMULATIVE VOTING (PAGE 25)
6 STOCKHOLDER PROPOSAL ON: PENSION Shr Against For
AND RETIREMENT MEDICAL (PAGE 25)
7 STOCKHOLDER PROPOSAL ON: EXECUTIVE Shr Against For
COMPENSATION (PAGE 26)
8 STOCKHOLDER PROPOSAL ON: EXPENSING Shr Against For
STOCK OPTIONS (PAGE 28)
9 STOCKHOLDER PROPOSAL ON: Shr Against For
DISCLOSURE OF EXECUTIVE COMPENSATION
(PAGE 29)
10 STOCKHOLDER PROPOSAL ON: CHINA Shr Against For
BUSINESS PRINCIPLES (PAGE 30)
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 43 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 STOCKHOLDER PROPOSAL ON: POLITICAL Shr Against For
CONTRIBUTIONS (PAGE 31)
12 STOCKHOLDER PROPOSAL ON: A REVIEW Shr Against For
OF EXECUTIVE COMPENSATION POLICIES
(PAGE 32)
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 44 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932134163
INTERSIL CORPORATION
Security: 46069S109 Meeting Type: Annual
Ticker: ISIL Meeting Date: 12-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 GREGORY L. WILLIAMS Mgmt For For
2 RICHARD M. BEYER Mgmt For For
3 DR. ROBERT W. CONN Mgmt For For
4 JAMES V. DILLER Mgmt For For
5 GARY E. GIST Mgmt Withheld Against
6 JAN PEETERS Mgmt Withheld Against
7 ROBERT N. POKELWALDT Mgmt Withheld Against
8 JAMES A. URRY Mgmt For For
2 RATIFICATION OF INDEPENDENT Mgmt Against Against
ACCOUNTANTS
3 INCREASE OF THE NUMBER OF SHARES Mgmt For For
AUTHORIZED FOR ISSUANCE UNDER THE
1999 EQUITY COMPENSATION PLAN FROM
17,500,000 TO 22,250,000
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 45 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932051345
INTUIT INC. INTUIT
Security: 461202103 Meeting Type: Annual
Ticker: INTU Meeting Date: 30-Oct-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 STEPHEN M. BENNETT Mgmt For For
2 CHRISTOPHER W. BRODY Mgmt Withheld Against
3 WILLIAM V. CAMPBELL Mgmt For For
4 SCOTT D. COOK Mgmt For For
5 L. JOHN DOERR Mgmt For For
6 DONNA L. DUBINSKY Mgmt Withheld Against
7 MICHAEL R. HALLMAN Mgmt Withheld Against
8 STRATTON D. SCLAVOS Mgmt For For
2 APPROVE THE AMENDMENT OF THE INTUIT Mgmt For For
INC. 1996 EMPLOYEE STOCK PURCHASE
PLAN TO INCREASE THE NUMBER OF
SHARES OF COMMON STOCK AVAILABLE
UNDER THE PLAN BY 500,000 SHARES
(FROM 4,900,000 SHARES TO 5,400,000
SHARES).
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 46 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
3 RATIFY THE APPOINTMENT OF ERNST & Mgmt Against Against
YOUNG LLP AS OUR INDEPENDENT
AUDITORS FOR FISCAL 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 47 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932072109
JABIL CIRCUIT, INC. JABIL CIRCUIT INC
Security: 466313103 Meeting Type: Annual
Ticker: JBL Meeting Date: 13-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM D. MOREAN Mgmt For For
2 THOMAS A. SANSONE Mgmt For For
3 TIMOTHY L. MAIN Mgmt For For
4 LAWRENCE J. MURPHY Mgmt For For
5 MEL S. LAVITT Mgmt For For
6 STEVEN A. RAYMUND Mgmt For For
7 FRANK A. NEWMAN Mgmt For For
8 LAURENCE S. GRAFSTEIN Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 48 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
2 TO APPROVE AMENDMENTS TO THE JABIL Mgmt For For
CIRCUIT, INC. 2002 STOCK INCENTIVE
PLAN TO (I) PROVIDE FOR AN INCREASE
IN THE AGGREGATE SHARES OF COMMON
STOCK THAT MAY BE SUBJECT TO FUTURE
AWARDS FROM 1,512,705 TO 11,512,705
SHARES, (II) PROHIBIT THE REPRICING
OF OUTSTANDING STOCK OPTIONS, AND
(III) REQUIRE STOCKHOLDER APPROVAL
FOR CERTAIN AMENDMENTS TO THE PLAN.
3 TO RATIFY THE SELECTION OF KPMG LLP Mgmt For For
AS INDEPENDENT AUDITORS FOR JABIL.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 49 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932194436
KYOCERA CORPORATION
Security: 501556203 Meeting Type: Annual
Ticker: KYO Meeting Date: 25-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL OF THE PROPOSED Mgmt For For
APPROPRIATION OF RETAINED EARNINGS
FOR THE 50TH FISCAL YEAR. (PLEASE
SEE PAGE 2 OF THE COMPANY S NOTICE
OF MEETING ENCLOSED).
2 APPROVAL OF THE AMENDMENTS OF THE Mgmt For For
ARTICLES OF INCORPORATION. (PLEASE
SEE PAGE 3 OF THE COMPANY S NOTICE
OF MEETING ENCLOSED).
3 ELECTION OF TWO (2) CORPORATE Mgmt For For
AUDITORS. (PLEASE SEE PAGE 4 OF THE
COMPANY S NOTICE OF MEETING
ENCLOSED). (A) OSAMU NISHIEDA (B)
SHINJI KURIHARA
4 APPROVAL OF THE PAYMENT OF Mgmt For For
RETIREMENT ALLOWANCES TO A RETIRING
CORPORATE AUDITOR. (PLEASE SEE PAGE
5 OF THE COMPANY S NOTICE OF MEETING
ENCLOSED).
5 APPROVAL OF THE ISSUANCE OF STOCK Mgmt For For
ACQUISITION RIGHTS FOR GRANTING
STOCK OPTION. (PLEASE SEE PAGES 5-8
OF THE COMPANY S NOTICE OF MEETING).
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 50 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932112991
LEXMARK INTERNATIONAL, INC
Security: 529771107 Meeting Type: Annual
Ticker: LXK Meeting Date: 22-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 FRANK T. CARY Mgmt Withheld Against
2 PAUL J. CURLANDER Mgmt For For
3 MARTIN D. WALKER Mgmt Withheld Against
4 JAMES F. HARDYMON Mgmt For For
2 APPROVAL OF THE COMPANY S SENIOR Mgmt Against Against
EXECUTIVE INCENTIVE COMPENSATION
PLAN.
3 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS THE
COMPANY S INDEPENDENT AUDITORS FOR
THE COMPANY S FISCAL YEAR ENDING
DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 51 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932048879
MICROSOFT CORPORATION
Security: 594918104 Meeting Type: Annual
Ticker: MSFT Meeting Date: 11-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM H. GATES III Mgmt For For
2 STEVEN A. BALLMER Mgmt For For
3 JAMES I. CASH JR. Mgmt For For
4 RAYMOND V. GILMARTIN Mgmt For For
5 A. MCLAUGHLIN KOROLOGOS Mgmt For For
6 DAVID F. MARQUARDT Mgmt For For
7 CHARLES H. NOSKI Mgmt For For
8 HELMUT PANKE Mgmt For For
9 WM. G. REED JR. Mgmt For For
10 JON A. SHIRLEY Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 52 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
2 ADOPTION OF THE AMENDMENTS TO THE Mgmt For For
2001 STOCK PLAN
3 ADOPTION OF THE AMENDMENTS TO THE Mgmt For For
1999 STOCK OPTION PLAN FOR NON-
EMPLOYEE DIRECTORS
4 SHAREHOLDER PROPOSAL (THE BOARD Shr Against For
RECOMMENDS A VOTE AGAINST THIS
PROPOSAL)
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 53 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932038258
NATIONAL SEMICONDUCTOR CO
Security: 637640103 Meeting Type: Annual
Ticker: NSM Meeting Date: 26-Sep-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 BRIAN L. HALLA Mgmt For For
2 STEVEN R. APPLETON Mgmt For For
3 GARY P. ARNOLD Mgmt For For
4 RICHARD J. DANZIG Mgmt For For
5 ROBERT J. FRANKENBERG Mgmt For For
6 E. FLOYD KVAMME Mgmt For For
7 MODESTO A. MAIDIQUE Mgmt For For
8 EDWARD R. MCCRACKEN Mgmt For For
2 TO APPROVE KPMG LLP AS AUDITORS OF Mgmt For For
THE COMPANY.
3 TO APPROVE THE ADOPTION OF THE 2003 Mgmt For For
EMPLOYEES STOCK PURCHASE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 54 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932102356
NCR CORPORATION
Security: 62886E108 Meeting Type: Annual
Ticker: NCR Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 EDWARD P. BOYKIN* Mgmt For For
2 LINDA FAYNE LEVINSON* Mgmt For For
3 VICTOR L. LUND* Mgmt For For
4 JAMES M. RINGLER** Mgmt For For
2 APPROVAL OF THE APPOINTMENT OF Mgmt For For
INDEPENDENT AUDITORS FOR 2004.
3 STOCKHOLDER PROPOSAL REGARDING Shr For Against
AUDITOR FEES.
4 STOCKHOLDER PROPOSAL REGARDING Shr Abstain Against
DISCONTINUATION OF CERTAIN EXECUTIVE
COMPENSATION.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 55 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932091541
NOKIA CORPORATION-SPONSORED ADR
Security: 654902204 Meeting Type: Annual
Ticker: NOK Meeting Date: 25-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL OF THE INCOME STATEMENTS Mgmt For For
AND THE BALANCE SHEETS.
2 APPROVAL OF A DIVIDEND OF EUR 0.30 PER Mgmt For For
SHARE.
3 APPROVAL OF THE DISCHARGE OF THE Mgmt For For
CHAIRMAN, THE MEMBERS OF THE BOARD
OF DIRECTORS AND THE PRESIDENT FROM
LIABILITY.
4 DIRECTOR
1 PAUL J. COLLINS Mgmt For For
2 GEORG EHRNROOTH Mgmt For For
3 BENGT HOLMSTROM Mgmt For For
4 PER KARLSSON Mgmt For For
5 JORMA OLLILA Mgmt For For
6 MARJORIE SCARDINO Mgmt For For
7 VESA VAINIO Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 56 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
8 ARNE WESSBERG Mgmt For For
5 APPROVAL OF THE APPOINTMENT OF THE Mgmt For For
AUDITOR. (FOR AND ABSTAIN ARE THE
ONLY VALID VOTING OPTIONS)
6 APPROVAL OF THE PROPOSAL OF THE Mgmt For For
BOARD TO REDUCE THE SHARE CAPITAL
THROUGH CANCELLATION OF NOKIA SHARES
HELD BY THE COMPANY
7 APPROVAL OF THE AUTHORIZATION TO THE Mgmt For For
BOARD TO INCREASE THE SHARE CAPITAL
OF THE COMPANY.
8 APPROVAL OF THE AUTHORIZATION TO THE Mgmt For For
BOARD TO REPURCHASE NOKIA SHARES.
9 APPROVAL OF THE AUTHORIZATION TO THE Mgmt For For
BOARD TO DISPOSE NOKIA SHARES HELD
BY THE COMPANY.
10 APPROVAL OF THE PROPOSAL OF THE Mgmt For For
BOARD TO INCREASE THE CAPITAL OF THE
FOUNDATION OF NOKIA CORPORATION.
11 MARK THE FOR BOX IF YOU WISH TO Mgmt No Action
INSTRUCT THE DEPOSITARY TO GIVE A
PROXY TO ANY ONE OF MARIANNA
UOTINEN-TARKOMA, ESA KAUNISTOLA,
BOTH LEGAL COUNSELS OF NOKIA
CORPORATION, TO AUTHORIZE ANY OF
THEM (WITH FULL POWER OF
SUBSTITUTION) TO VOTE, IN THEIR
DISCRETION, ON YOUR BEHALF ONLY UPON
ITEM 7 OF THE ANNUAL MEETING AND ANY
ADJOURNMENTS OR POSTPONEMENT
THEREOF.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 57 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932096743
NOVELL, INC.
Security: 670006105 Meeting Type: Annual
Ticker: NOVL Meeting Date: 15-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ALBERT AIELLO Mgmt Withheld Against
2 FRED CORRADO Mgmt Withheld Against
3 RICHARD L. CRANDALL Mgmt Withheld Against
4 WAYNE MACKIE Mgmt Withheld Against
5 CLAUDIA B. MALONE Mgmt Withheld Against
6 JACK L. MESSMAN Mgmt Withheld Against
7 RICHARD L. NOLAN Mgmt Withheld Against
8 THOMAS G. PLASKETT Mgmt Withheld Against
9 JOHN W. PODUSKA, SR. Mgmt Withheld Against
10 JAMES D. ROBINSON, III Mgmt Withheld Against
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 58 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 KATHY BRITTAIN WHITE Mgmt Withheld Against
2 STOCKHOLDER PROPOSAL TO ESTABLISH A Shr For Against
POLICY OF EXPENSING THE COSTS OF ALL
FUTURE STOCK OPTIONS ISSUED BY
NOVELL
3 STOCKHOLDER PROPOSAL TO ADOPT A Shr Abstain Against
POLICY THAT 75% OF FUTURE EQUITY
COMPENSATION OF SENIOR EXECUTIVES
SHALL BE PERFORMANCE-BASED, AND
DETAILS OF SUCH COMPENSATION SHALL
BE DISCLOSED TO STOCKHOLDERS
4 STOCKHOLDER PROPOSAL TO ADOPT A Shr For Against
POLICY STATING THAT THE PUBLIC
ACCOUNTING FIRM RETAINED BY US TO
AUDIT OUR FINANCIAL STATEMENTS WILL
PERFORM ONLY AUDIT AND AUDIT-
RELATED WORK
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 59 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932108473
NOVELLUS SYSTEMS, INC.
Security: 670008101 Meeting Type: Annual
Ticker: NVLS Meeting Date: 16-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RICHARD S. HILL Mgmt For For
2 NEIL R. BONKE Mgmt For For
3 YOUSSEF A. EL-MANSY Mgmt For For
4 J. DAVID LITSTER Mgmt For For
5 YOSHIO NISHI Mgmt For For
6 GLEN G. POSSLEY Mgmt Withheld Against
7 ANN D. RHOADS Mgmt Withheld Against
8 WILLIAM R. SPIVEY Mgmt For For
9 DELBERT A. WHITAKER Mgmt For For
2 PROPOSAL TO RATIFY AND APPROVE THE Mgmt Against Against
APPOINTMENT OF ERNST & YOUNG LLP AS
THE INDEPENDENT AUDITORS FOR THE
COMPANY FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 60 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
3 SHAREHOLDER PROPOSAL REGARDING Shr For Against
PROVISION OF NON-AUDIT SERVICES BY
INDEPENDENT AUDITORS.
4 SHAREHOLDER PROPOSAL REGARDING Shr For Against
EXECUTIVE COMPENSATION.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 61 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 931989199
NVIDIA CORPORATION NVIDIA CORP
Security: 67066G104 Meeting Type: Annual
Ticker: NVDA Meeting Date: 10-Jul-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 TENCH COXE Mgmt
2 MARK A. STEVENS Mgmt
2 TO RATIFY THE SELECTION OF KPMG LLP Mgmt
AS NVIDIA S INDEPENDENT AUDITORS FOR
THE FISCAL YEAR ENDING JANUARY 25,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 62 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932097303
PEOPLESOFT, INC. PEOPLESOFT INC
Security: 712713106 Meeting Type: Annual
Ticker: PSFT Meeting Date: 25-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 A. GEORGE "SKIP" BATTLE Mgmt Withheld Against
2 CRAIG A. CONWAY Mgmt For For
3 FRANK J. FANZILLI, JR. Mgmt For For
4 CYRIL J. YANSOUNI Mgmt Withheld Against
2 TO RATIFY THE APPOINTMENT OF KPMG, Mgmt For For
LLP AS OUR INDEPENDENT AUDITORS FOR
THE YEAR ENDING DECEMBER 31, 2004.
3 STOCKHOLDER PROPOSAL REGARDING Shr For Against
EXPENSING OPTIONS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 63 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932081209
QUALCOMM, INCORPORATED
Security: 747525103 Meeting Type: Annual
Ticker: QCO Meeting Date: 02-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ADELIA A. COFFMAN Mgmt Withheld Against
2 RAYMOND V. DITTAMORE Mgmt Withheld Against
3 IRWIN MARK JACOBS Mgmt For For
4 RICHARD SULPIZIO Mgmt For For
2 TO APPROVE AN AMENDMENT TO THE Mgmt For For
COMPANY S 2001 STOCK OPTION PLAN TO
INCREASE THE AGGREGATE NUMBER OF
SHARES OF COMMON STOCK AUTHORIZED
FOR ISSUANCE UNDER SUCH PLAN.
3 TO RATIFY THE SELECTION OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS THE
COMPANY S INDEPENDENT ACCOUNTANTS
FOR THE COMPANY S FISCAL YEAR ENDING
SEPTEMBER 26, 2004. THE BOARD OF
DIRECTORS RECOMMENDS A VOTE AGAINST
PROPOSAL 4
4 BERNARD LUBRAN - TO ELIMINATE THE Mgmt For Against
CLASSIFIED BOARD.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 64 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932131674
SAP AG
Security: 803054204 Meeting Type: Annual
Ticker: SAP Meeting Date: 06-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 RESOLUTION ON THE APPROPRIATION OF Mgmt For For
THE RETAINED EARNINGS OF THE FISCAL
YEAR 2003
2 RESOLUTION ON THE FORMAL APPROVAL Mgmt For For
OF THE ACTS OF THE EXECUTIVE BOARD
IN THE FISCAL YEAR 2003
3 RESOLUTION ON THE FORMAL APPROVAL Mgmt For For
OF THE ACTS OF THE SUPERVISORY BOARD
IN THE FISCAL YEAR 2003
4 APPOINTMENT OF THE AUDITOR OF THE Mgmt For For
FINANCIAL STATEMENTS AND
CONSOLIDATED FINANCIAL STATEMENTS
FOR THE FISCAL YEAR 2004
5 RESOLUTION ON ADJUSTMENTS TO Mgmt For For
SECTION 4 OF THE ARTICLES OF
ASSOCIATION
6 RESOLUTION ON THE AUTHORIZATION TO Mgmt For For
ACQUIRE AND USE TREASURY SHARES
7 RESOLUTION ON THE AUTHORIZATION TO Mgmt For For
USE EQUITY DERIVATIVES IN CONNECTION
WITH THE ACQUISITION OF TREASURY
SHARES
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 55 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932103536
SBC COMMUNICATIONS INC.
Security: 78387G103 Meeting Type: Annual
Ticker: SBC Meeting Date: 30-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JAMES E. BARNES Mgmt Withheld Against
2 JAMES A. HENDERSON Mgmt Withheld Against
3 JOHN B. MCCOY Mgmt For For
4 S. DONLEY RITCHEY Mgmt For For
5 JOYCE M. ROCHE Mgmt For For
6 PATRICIA P. UPTON Mgmt Withheld Against
2 APPOINTMENT OF INDEPENDENT Mgmt For For
AUDITORS.
3 APPROVE AN AMENDMENT TO SBC S Mgmt For For
BYLAWS.
4 STOCKHOLDER PROPOSAL A. Shr For Against
5 STOCKHOLDER PROPOSAL B. Shr Against For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 66 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932051927
SCIENTIFIC-ATLANTA, INC.
Security: 808655104 Meeting Type: Annual
Ticker: SFA Meeting Date: 07-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MARION H. ANTONINI Mgmt For For
2 DAVID J. MCLAUGHLIN Mgmt For For
3 JAMES V. NAPIER Mgmt For For
4 SAM NUNN Mgmt For For
2 APPROVAL OF THE 2003 LONG-TERM Mgmt For For
INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 67 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932169089
SERONO S.A.
Security: 81752M101 Meeting Type: Annual
Ticker: SRA Meeting Date: 25-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL OF SERONO S.A. S ANNUAL Mgmt No Action
REPORT, ACCOUNTS, CONSOLIDATED
ACCOUNTS OF THE SERONO GROUP,
AUDITORS REPORTS
2 DISTRIBUTION OF PROFITS IN THE 2003 Mgmt No Action
BALANCE SHEET AND DIVIDEND PROPOSAL
3 CONDITIONAL CAPITAL FOR OPTION AND/OR Mgmt No Action
CONVERTIBLE LOANS
4 CONDITIONAL CAPITAL FOR A STOCK Mgmt No Action
OPTION PLAN
5 CREATION OF A NEW AUTHORIZED CAPITAL Mgmt No Action
6 MODIFICATION OF PARAGRAPH 13.2 OF THE Mgmt No Action
ARTICLES OF ASSOCIATION: TIMELINE
FOR REQUESTING THE INCLUSION OF AN
ITEM ON THE AGENDA
7 DISCHARGE TO THE BOARD OF DIRECTORS Mgmt No Action
AND THE MANAGEMENT
8 THE BOARD OF DIRECTORS PROPOSES Mgmt No Action
THE RE-ELECTION FOR ONE YEAR OF MR.
ERNESTO BERTARELLI, MR. PIERRE E.
DOUAZE, MR. BERNARD MACH, MR. SERGIO
MARCHIONNE, MR. GEORGES MULLER, MR.
JACQUES THEURILLAT AND MR. HANS
THIERSTEIN
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 68 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
9 THE BOARD OF DIRECTORS PROPOSES Mgmt No Action
THE ELECTION FOR ONE YEAR OF A NEW
DIRECTOR IN THE PERSON OF MR.
PATRICK GAGE
10 THE BOARD OF DIRECTORS PROPOSES Mgmt No Action
THE RE-ELECTION OF
PRICEWATERHOUSECOOPERS S.A. IN
GENEVA AS AUDITORS OF THE ANNUAL
ACCOUNTS OF SERONO S.A. AND AS
AUDITORS OF THE CONSOLIDATED
ACCOUNTS OF THE SERONO GROUP FOR THE
FINANCIAL YEAR 2004
11 THE BOARD OF DIRECTORS PROPOSES Mgmt No Action
THE RE-ELECTION OF ERNST & YOUNG
S.A. IN GENEVA AS SPECIAL AUDITORS
IN LINE WITH ARTICLES 28.5 OF THE
ARTICLES OF ASSOCIATION FOR A TERM
EXPIRING AT THE DATE OF THE ORDINARY
GENERAL MEETING IN 2005
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 69 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932179294
SIEBEL SYSTEMS, INC.
Security: 826170102 Meeting Type: Annual
Ticker: SEBL Meeting Date: 23-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 C. SCOTT HARTZ Mgmt For For
2 CHARLES R. SCHWAB Mgmt For For
3 GEORGE T. SHAHEEN Mgmt For For
4 JOHN W. WHITE Mgmt For For
2 TO RATIFY THE SELECTION OF KPMG LLP Mgmt For For
AS OUR INDEPENDENT AUDITORS FOR THE
YEAR ENDING DECEMBER 31, 2004.
3 TO VOTE ON THE STOCKHOLDER Shr For Against
PROPOSAL REQUESTING THAT THE BOARD
OF DIRECTORS ADOPT A POLICY OF
EXPENSING THE COST OF FUTURE
EMPLOYEE AND DIRECTOR STOCK OPTIONS
IN OUR ANNUAL INCOME STATEMENT.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 70 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932179030
SONY CORPORATION
Security: 835699307 Meeting Type: Annual
Ticker: SNE Meeting Date: 22-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO AMEND A PART OF THE ARTICLES OF Mgmt For For
INCORPORATION.
2 TO ELECT 16 DIRECTORS. Mgmt For For
3 TO ISSUE STOCK ACQUISITION RIGHTS Mgmt For For
FOR THE SHARES OF COMMON STOCK OF
THE CORPORATION FOR THE PURPOSE OF
GRANTING STOCK OPTIONS.
4 TO ISSUE STOCK ACQUISITION RIGHTS Mgmt For For
FOR THE SHARES OF SUBSIDIARY
TRACKING STOCK OF THE CORPORATION
FOR THE PURPOSE OF GRANTING STOCK
OPTIONS.
5 TO AMEND THE ARTICLES OF Mgmt Against For
INCORPORATION WITH RESPECT TO
DISCLOSURE TO SHAREHOLDERS OF
REMUNERATION AND OTHER AMOUNTS PAID
TO EACH DIRECTOR AND CORPORATE
EXECUTIVE OFFICER.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 71 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932103168
SPRINT CORPORATION
Security: 852061100 Meeting Type: Annual
Ticker: FON Meeting Date: 20-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 GORDON M. BETHUNE Mgmt For For
2 E. LINN DRAPER, JR. Mgmt For For
3 DEBORAH A. HENRETTA Mgmt For For
4 LINDA KOCH LORIMER Mgmt For For
2 TO RATIFY APPOINTMENT OF KPMG LLP AS Mgmt For For
INDEPENDENT AUDITORS OF SPRINT FOR
2004
3 STOCKHOLDER PROPOSAL CONCERNING Shr For Against
STOCK OPTION INDEXING
4 STOCKHOLDER PROPOSAL CONCERNING Shr For Against
CEO PAY CAP
5 STOCKHOLDER PROPOSAL CONCERNING Shr For Against
INDEPENDENT CHAIRMAN
6 STOCKHOLDER PROPOSAL CONCERNING Shr Against For
REPORT ON OUTSOURCING OFF-SHORE
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 72 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932118068
STMICROELECTRONICS N.V.
Security: 861012102 Meeting Type: Annual
Ticker: STM Meeting Date: 23-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 ADOPTION OF THE ANNUAL ACCOUNTS FOR Mgmt For For
THE 2003 FINANCIAL YEAR
2 DISCHARGE OF THE SOLE MEMBER OF THE Mgmt For For
MANAGING BOARD
3 DISCHARGE OF THE MEMBERS OF THE Mgmt For For
SUPERVISORY BOARD
4 ADOPTION OF A DIVIDEND OF $0.12 PER Mgmt For For
COMMON SHARE
5 PROPOSAL OF APPOINTMENT OF GERALD Mgmt For For
ARBOLA AS A NEW MEMBER OF THE
SUPERVISORY BOARD AND TO COMPLETE
THE THREE-YEAR TERM
6 PROPOSAL OF APPOINTMENT OF DIDIER Mgmt For For
LOMBARD AS A NEW MEMBER OF THE
SUPERVISORY BOARD AND TO COMPLETE
THE THREE-YEAR TERM
7 APPROVAL OF THE COMPENSATION OF THE Mgmt For For
MEMBERS OF THE SUPERVISORY BOARD
8 APPROVAL OF THE NEW EMPLOYEE STOCK Mgmt For For
PURCHASE PLAN
9 DELEGATION TO THE SUPERVISORY BOARD Mgmt For For
FOR FIVE YEARS OF THE AUTHORITY TO
ISSUE NEW SHARES
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 73 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
10 APPROVAL OF THE CHANGE IN THE Mgmt For For
QUORUM FOR THE GENERAL MEETING OF
SHAREHOLDERS FROM ONE-THIRD OF THE
ISSUED SHARE CAPITAL TO 15% OF THE
ISSUED SHARE CAPITAL
11 AUTHORIZATION OF THE AMENDMENT OF Mgmt For For
THE ARTICLES OF ASSOCIATION RELATING
TO THE ITEMS MENTIONED UNDER
RESOLUTION 10
12 APPROVAL OF OUR CORPORATE Mgmt For For
GOVERNANCE POLICY
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 74 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932051446
SUN MICROSYSTEMS, INC.
Security: 866810104 Meeting Type: Annual
Ticker: SUN Meeting Date: 13-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 SCOTT G. MCNEALY Mgmt For For
2 JAMES L. BARKSDALE Mgmt For For
3 L. JOHN DOERR Mgmt For For
4 ROBERT J. FISHER Mgmt Withheld Against
5 MICHAEL E. LEHMAN Mgmt For For
6 ROBERT L. LONG Mgmt Withheld Against
7 M. KENNETH OSHMAN Mgmt For For
8 NAOMI O. SELIGMAN Mgmt Withheld Against
9 LYNN E. TURNER Mgmt Withheld Against
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 75 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
2 AMENDMENTS TO THE 1990 EMPLOYEE Mgmt For For
STOCK PURCHASE PLAN. PROPOSAL TO
APPROVE AMENDMENTS TO SUN S 1990
EMPLOYEE STOCK PURCHASE PLAN,
INCLUDING AN INCREASE IN THE NUMBER
OF SHARES OF COMMON STOCK RESERVED
FOR ISSUANCE THEREUNDER BY
170,000,000 SHARES OF COMMON STOCK
TO AN AGGREGATE OF 616,400,000
SHARES
3 RATIFICATION OF APPOINTMENT OF Mgmt Against Against
INDEPENDENT AUDITORS. PROPOSAL TO
RATIFY THE APPOINTMENT OF ERNST &
YOUNG LLP, AS SUN S INDEPENDENT
AUDITORS FOR THE CURRENT FISCAL YEAR
4 STOCKHOLDER PROPOSAL ENTITLED Shr Abstain Against
CHINA BUSINESS PRINCIPLES FOR RIGHTS
OF WORKERS IN CHINA. PROPOSAL
REQUESTING IMPLEMENTATION OF
PRINCIPLES EMBODIED IN CHINA
BUSINESS PRINCIPLES FOR RIGHTS OF
WORKERS IN CHINA
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 76 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932193410
TDK CORPORATION
Security: 872351408 Meeting Type: Annual
Ticker: TDK Meeting Date: 29-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL OF PROPOSAL FOR Mgmt For For
APPROPRIATION OF RETAINED EARNINGS
FOR THE 108TH FISCAL YEAR.
2 APPROVAL OF THE PARTIAL AMENDMENTS Mgmt For For
TO THE ARTICLES OF INCORPORATION.
3 APPROVAL OF THE ISSUANCE OF STOCK Mgmt For For
ACQUISITION RIGHTS, IN ORDER TO
GRANT SUCH RIGHTS TO DIRECTORS,
CORPORATE OFFICERS AND KEY EMPLOYEES
OF THE COMPANY AND ASSOCIATED
COMPANIES.
4 APPROVAL OF ACQUISITION OF OWN Mgmt For For
SHARES OF THE COMPANY.
5 ELECTION OF SEVEN (7) DIRECTORS. Mgmt For For
6 ELECTION OF ONE (1) CORPORATE Mgmt For For
AUDITOR.
7 APPROVAL OF THE PRESENTATION OF Mgmt For For
RETIREMENT GRANTS TO ONE (1)
RESIGNING DIRECTOR AND ONE (1)
RESIGNING CORPORATE AUDITOR.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 77 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932107154
TELLABS, INC.
Security: 879664100 Meeting Type: Annual
Ticker: TLAB Meeting Date: 22-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MICHAEL J. BIRCK Mgmt For For
2 FREDERICK A. KREHBIEL Mgmt For For
3 KRISH A. PRABHU Mgmt For For
2 APPROVAL OF THE 2004 INCENTIVE Mgmt For For
COMPENSATION PLAN
3 RATIFICATION OF ERNST & YOUNG LLP AS Mgmt For For
AUDITORS
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 78 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932098634
TEXAS INSTRUMENTS INCORPORATED
Security: 882508104 Meeting Type: Annual
Ticker: TXN Meeting Date: 15-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 J.R. ADAMS Mgmt For For
2 D.L. BOREN Mgmt For For
3 D.A. CARP Mgmt For For
4 T.J. ENGIBOUS Mgmt For For
5 G.W. FRONTERHOUSE Mgmt For For
6 D.R. GOODE Mgmt For For
7 W.R. SANDERS Mgmt For For
8 R.J. SIMMONS Mgmt For For
9 R.K. TEMPLETON Mgmt For For
10 C.T. WHITMAN Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 79 of 80
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
2 BOARD PROPOSAL TO RATIFY THE Mgmt For For
APPOINTMENT OF ERNST & YOUNG LLP AS
THE COMPANY S INDEPENDENT AUDITORS
FOR 2004.
3 STOCKHOLDER PROPOSAL REGARDING Shr For Against
EXPENSING OF STOCK OPTIONS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 29-Jul-2004
Page: Page 80 of 80
Account Group: FBR Large Cap Technology Fund Agenda Number: 932123007
THERMO ELECTRON CORPORATION
Security: 883556102 Meeting Type: Annual
Ticker: TMO Meeting Date: 18-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MARIJN E. DEKKERS Mgmt For For
2 ROBERT A. MCCABE Mgmt For For
3 ROBERT W. O'LEARY Mgmt For For
2 RATIFICATION OF SELECTION OF Mgmt For For
INDEPENDENT AUDITORS.
3 STOCKHOLDER PROPOSAL REGARDING Shr Against For
PERFORMANCE AND TIME-BASED
RESTRICTED STOCK.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932094876
ALLIANCE BANCORP OF NEW ENGLAND
Security: 01852Q109 Meeting Type: Special
Ticker: ANE Meeting Date: 18-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 THE AGREEMENT AND PLAN OF MERGER BY Mgmt For For
AND BETWEEN NEWALLIANCE BANCSHARES,
INC., NEW HAVEN SAVINGS BANK AND
ALLIANCE BANCORP OF NEW ENGLAND,
INC., DATED AS OF JULY 15, 2003,
PURSUANT TO WHICH ALLIANCE BANCORP
OF NEW ENGLAND, INC. WILL BE MERGED
INTO NEWALLIANCE BANCSHARES, INC.
AND NEW HAVEN SAVINGS BANK, AS MORE
FULLY DESCRIBED IN THE PROXY
STATEMENT/PROSPECTUS.
2 APPROVAL OF ADJOURNMENT OF THE Mgmt For For
SPECIAL MEETING, IF NECESSARY, TO
PERMIT SOLICITATION OF PROXIES IN
THE EVENT THERE ARE NOT SUFFICIENT
VOTES AT THE TIME OF THE SPECIAL
MEETING TO APPROVE THE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932052626
AMERICREDIT CORP. AMERICREDIT CORP
Security: 03060R101 Meeting Type: Annual
Ticker: ACF Meeting Date: 05-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DANIEL E. BERCE* Mgmt For For
2 EDWARD H. ESSTMAN* Mgmt For For
3 JAMES H. GREER* Mgmt For For
4 GERALD J. FORD* Mgmt For For
5 JOHN R. CLAY** Mgmt For For
6 B.J. MCCOMBS** Mgmt For For
2 PROPOSAL TO AMEND THE AMERICREDIT Mgmt For For
CORP. EMPLOYEE STOCK PURCHASE PLAN.
3 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt For For
OF PRICEWATERHOUSECOOPERS AS
ACCOUNTANTS FOR THE FISCAL YEAR
ENDING JUNE 30, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932152806
ANNALY MORTGAGE MANAGEMEN
Security: 035710409 Meeting Type: Annual
Ticker: NLY Meeting Date: 27-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 KEVIN P. BRADY* Mgmt For For
2 DONNELL A. SEGALAS* Mgmt For For
3 E. WAYNE NORDBERG** Mgmt For For
2 TO APPROVE THE AGREEMENT AND PLAN Mgmt For For
OF MERGER, DATED AS OF DECEMBER 31,
2003, BY AND AMONG ANNALY, FIXED
INCOME DISCOUNT ADVISORY COMPANY, A
DELAWARE CORPORATION, FDC MERGER
SUB, INC., A DELAWARE CORPORATION
AND OUR WHOLLY OWNED SUBSIDIARY, AND
THE SHAREHOLDERS OF FIDAC.
3 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS INDEPENDENT
AUDITORS FOR THE COMPANY FOR THE
2004 FISCAL YEAR.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932164003
ANWORTH MORTGAGE ASSET CO
Security: 037347101 Meeting Type: Annual
Ticker: ANH Meeting Date: 27-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 LLOYD MCADAMS Mgmt For For
2 LEE A. AULT Mgmt For For
3 JOSEPH E. DAVIS Mgmt For For
4 CHARLES H. BLACK Mgmt For For
5 JOSEPH E. MCADAMS Mgmt For For
6 CHARLES F. SMITH Mgmt For For
2 TO APPROVE THE AMENDMENT AND Mgmt For For
RESTATEMENT OF OUR 1997 STOCK OPTION
AND AWARDS PLAN BY REPLACING IT WITH
THE 2004 EQUITY COMPENSATION PLAN.
3 TO RATIFY THE APPOINTMENT OF BDO Mgmt For For
SEIDMAN LLP AS INDEPENDENT
ACCOUNTANTS AND AUDITORS FOR THE
YEAR ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932110101
BANK MUTUAL CORPORATION
Security: 063750103 Meeting Type: Annual
Ticker: BKMU Meeting Date: 03-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MICHAEL T. CROWLEY, SR. Mgmt For For
2 RAYMOND W. DWYER, JR. Mgmt For For
3 J. GUS SWOBODA Mgmt For For
2 RATIFICATION OF ERNST & YOUNG LLP AS Mgmt For For
INDEPENDENT AUDITORS.
3 APPROVAL OF THE BANK MUTUAL Mgmt For For
CORPORATION 2004 STOCK INCENTIVE
PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932081728
BANKUNITED FINANCIAL CORP
Security: 06652B103 Meeting Type: Annual
Ticker: BKUN Meeting Date: 30-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 LAWRENCE H. BLUM* Mgmt For For
2 SHARON A. BROWN* Mgmt For For
3 ALBERT E. SMITH** Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932114589
BANNER CORPORATION
Security: 06652V109 Meeting Type: Annual
Ticker: BANR Meeting Date: 22-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ROBERT D. ADAMS Mgmt For For
2 EDWARD L. EPSTEIN Mgmt For For
3 WILBER PRIBILSKY Mgmt For For
4 GARY SIRMON Mgmt For For
5 MICHAEL M. SMITH Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932130420
BERKSHIRE HILLS BANCORP,
Security: 084680107 Meeting Type: Annual
Ticker: BHL Meeting Date: 06-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 EDWARD G. MCCORMICK Mgmt For For
2 ANN H. TRABULSI Mgmt For For
3 ROBERT A. WELLS Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF WOLF & COMPANY, P.C. AS
INDEPENDENT AUDITORS OF BERKSHIRE
HILLS BANCORP, INC. FOR THE FISCAL
YEAR ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932107130
BROOKLINE BANCORP, INC.
Security: 11373M107 Meeting Type: Annual
Ticker: BRKL Meeting Date: 15-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DAVID C. CHAPIN Mgmt For For
2 JOHN L. HALL, II Mgmt For For
3 HOLLIS W. PLIMPTON, JR. Mgmt For For
4 ROSAMOND B. VAULE Mgmt For For
5 FRANKLIN WYMAN, JR. Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF KPMG LLP AS AUDITORS FOR THE
COMPANY FOR THE YEAR ENDING DECEMBER
31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932031622
BROOKLINE BANCORP, INC.
Security: 11373M107 Meeting Type: Special
Ticker: BRKL Meeting Date: 27-Aug-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 THE APPROVAL OF THE BROOKLINE Mgmt For For
BANCORP, INC. 2003 STOCK OPTION
PLAN.
2 THE APPROVAL OF THE BROOKLINE Mgmt For For
BANCORP, INC. 2003 RECOGNITION AND
RETENTION PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932179991
BSB BANCORP, INC.
Security: 055652101 Meeting Type: Special
Ticker: BSBN Meeting Date: 17-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 THE ADOPTION OF THE AGREEMENT AND Mgmt For For
PLAN OF MERGER, DATED DECEMBER 23,
2003, BY AND BETWEEN PARTNERS TRUST
FINANCIAL GROUP, INC. A FEDERAL
CORPORATION, SBU BANK, WICKED
ACQUISITION CORPORATION, PARTNERS
TRUST, MHC, AND BSB BANCORP, INC.
(BSB BANCORP PROPOSAL 1).
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932125847
CAMDEN NATIONAL CORPORATION
Security: 133034108 Meeting Type: Annual
Ticker: CAC Meeting Date: 04-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 THEODORE C. JOHANSON Mgmt For For
2 RICHARD N. SIMONEAU CPA Mgmt For For
2 TO RATIFY THE SELECTION OF BERRY, Mgmt For For
DUNN, MCNEIL & PARKER AS THE
COMPANY S INDEPENDENT PUBLIC
ACCOUNTANTS FOR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932082530
CAPITOL FEDERAL FINANCIAL
Security: 14057C106 Meeting Type: Annual
Ticker: CFFN Meeting Date: 27-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN B. DICUS Mgmt For For
2 JEFFREY R. THOMPSON Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF DELOITTE & TOUCHE LLP AS CAPITOL
FEDERAL FINANCIAL S INDEPENDENT
AUDITORS FOR THE FISCAL YEAR ENDING
SEPTEMBER 30, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932126077
CHEVIOT FINANCIAL CORP.
Security: 166774109 Meeting Type: Annual
Ticker: CHEV Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JAMES E. WILLIAMSON Mgmt For For
2 EDWARD L. KLEEMEIER Mgmt For For
2 TO RATIFY THE SELECTION OF GRANT Mgmt For For
THORNTON LLP AS INDEPENDENT AUDITORS
TO EXAMINE THE FINANCIAL STATEMENTS
OF THE COMPANY FOR THE YEAR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932113501
CHITTENDEN CORPORATION
Security: 170228100 Meeting Type: Annual
Ticker: CHZ Meeting Date: 21-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 CHARLES W. SMITH Mgmt For For
2 PALL D. SPERA Mgmt For For
3 OWEN W. WELLS Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932128641
CITY HOLDING COMPANY
Security: 177835105 Meeting Type: Annual
Ticker: CHCO Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 OSHEL B. CRAIGO Mgmt For For
2 WILLIAM H. FILE III Mgmt For For
3 GERALD R. FRANCIS Mgmt For For
4 TRACY W. HYLTON II Mgmt For For
5 C. DALLAS KAYSER Mgmt For For
6 E. M. PAYNE III Mgmt For For
7 SHARON H. ROWE Mgmt For For
2 PROPOSAL TO RATIFY THE BOARD OF Mgmt For For
DIRECTORS APPOINTMENT OF ERNST &
YOUNG, LLP AS THE INDEPENDENT
AUDITORS FOR CITY HOLDING COMPANY
FOR 2004
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932115884
COASTAL BANCORP, INC.
Security: 19041P105 Meeting Type: Annual
Ticker: CBSA Meeting Date: 22-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 PROPOSAL TO APPROVE AND ADOPT AN Mgmt For For
AGREEMENT AND PLAN OF MERGER, DATED
AS OF DECEMBER 1, 2003, AMONG
HIBERNIA CORPORATION, HIBERNIA
ACQUISITION CORPORATION AND COASTAL
BANCORP, INC. AND THE MERGER OF
HIBERNIA ACQUISITION CORPORATION
WITH AND INTO COASTAL BANCORP, INC.
AS CONTEMPLATED THEREBY.
2 PROPOSAL TO ADJOURN THE ANNUAL Mgmt For For
MEETING TO A LATER DATE OR DATES, IF
NECESSARY, TO PERMIT FURTHER
SOLICITATION OF PROXIES IF THERE ARE
NOT SUFFICIENT VOTES AT THE TIME OF
THE ANNUAL MEETING TO APPROVE THE
MERGER AGREEMENT.
3 DIRECTOR
1 R. EDWIN ALLDAY Mgmt For For
2 D. FORT FLOWERS, JR. Mgmt For For
3 DENNIS S. FRANK Mgmt For For
4 TO RATIFY THE APPOINTMENT OF KPMG, Mgmt For For
LLP AS COASTAL BANCORP, INC S
INDEPENDENT AUDITORS FOR THE YEAR
ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932151626
COMMERCIAL CAPITAL BANCORP
Security: 20162L105 Meeting Type: Annual
Ticker: CCBI Meeting Date: 17-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 PROPOSAL TO APPROVE THE ISSUANCE OF Mgmt For For
COMMON STOCK PURSUANT TO THE TERMS
OF AN AGREEMENT AND PLAN OF MERGER,
DATED AS OF JANUARY 27, 2004, AMONG
THE COMPANY, CCBI ACQUISITION CORP.
AND HAWTHORNE FINANCIAL CORPORATION.
2 DIRECTOR
1 STEPHEN H. GORDON Mgmt For For
2 MARK E. SCHAFFER Mgmt For For
3 CHRISTOPHER G. HAGERTY Mgmt For For
3 PROPOSAL TO RATIFY KPMG LLP AS THE Mgmt For For
COMPANY S INDEPENDENT AUDITORS FOR
THE FISCAL YEAR ENDING DECEMBER 31,
2004.
4 PROPOSAL TO APPROVE AN AMENDMENT Mgmt For For
TO THE ARTICLES OF INCORPORATION TO
INCREASE THE AUTHORIZED COMMON
STOCK.
5 PROPOSAL TO APPROVE THE EXECUTIVE Mgmt For For
PERFORMANCE-BASED COMPENSATION
POLICY.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
6 PROPOSAL TO APPROVE THE LONG-TERM Mgmt For For
STOCK-BASED INCENTIVE PLAN.
7 PROPOSAL TO GRANT DISCRETIONARY Mgmt For For
AUTHORITY TO ADJOURN THE ANNUAL
MEETING IF NECESSARY TO PERMIT
FURTHER SOLICITATION OF PROXIES IF
THERE ARE NOT SUFFICIENT VOTES AT
THE TIME OF THE ANNUAL MEETING TO
APPROVE THE ISSUANCE OF COMMON STOCK
PURSUANT TO THE TERMS OF THE MERGER
AGREEMENT.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932148908
DIME COMMUNITY BANCSHARES
Security: 253922108 Meeting Type: Annual
Ticker: DCO Meeting Date: 20-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 PATRICK E. CURTIN Mgmt For For
2 FRED P. FEHRENBACH Mgmt For For
3 STANLEY MEISELS Mgmt For For
2 APPROVAL OF THE DIME COMMUNITY Mgmt For For
BANCSHARES, INC. ANNUAL INCENTIVE
PLAN.
3 APPROVAL OF THE 2004 STOCK INCENTIVE Mgmt For For
PLAN FOR OUTSIDE DIRECTORS, OFFICERS
AND EMPLOYEES OF DIME COMMUNITY
BANCSHARES, INC.
4 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS INDEPENDENT
AUDITORS FOR THE YEAR ENDING
DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932109831
DOWNEY FINANCIAL CORP.
Security: 261018105 Meeting Type: Annual
Ticker: DSL Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 BRENT MCQUARRIE Mgmt For For
2 JAMES H. HUNTER Mgmt For For
3 MARANGAL I. DOMINGO Mgmt For For
2 RATIFY THE APPOINTMENT OF KPMG LLP Mgmt For For
AS AUDITORS FOR THE YEAR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932102279
FIRST INDIANA CORPORATION
Security: 32054R108 Meeting Type: Annual
Ticker: FINB Meeting Date: 21-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ROBERT H. MCKINNEY Mgmt For For
2 MICHAEL L. SMITH Mgmt For For
2 PROPOSAL TO RATIFY SELECTION OF KPMG Mgmt For For
LLP AS INDEPENDENT AUDITORS FOR
2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932132626
FIRST NIAGARA FINANCIAL
Security: 33582V108 Meeting Type: Annual
Ticker: FNFG Meeting Date: 04-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 GORDON P. ASSAD Mgmt For For
2 JOHN J. BISGROVE, JR. Mgmt For For
3 DANIEL W. JUDGE Mgmt For For
4 LOUISE WOERNER Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF KPMG LLP AS INDEPENDENT AUDITORS
FOR THE YEAR ENDING DECEMBER 31,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932119488
FIRST PACTRUST BANCORP, INC.
Security: 33589V101 Meeting Type: Annual
Ticker: FPTB Meeting Date: 21-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ALVIN L. MAJORS Mgmt For For
2 DONALD A. WHITACRE Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932153276
FIRST SECURITYFED FINANCIAL
Security: 336392105 Meeting Type: Annual
Ticker: FSFF Meeting Date: 19-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 THE ADOPTION OF AN AGREEMENT AND Mgmt For For
PLAN OF MERGER DATED AS OF JANUARY
9, 2004 PURSUANT TO WHICH FIRST
SECURITYFED FINANCIAL, INC. WILL
MERGE WITH AND INTO MB FINANCIAL,
INC. AND EACH SHARE OF COMMON STOCK
OF FIRST SECURITYFED FINANCIAL, INC.
WILL BE CONVERTED INTO SHARES OF MB
FINANCIAL, INC. OR CASH, ALL SUBJECT
TO THE TERMS OF SUCH AGREEMENT AND
PLAN OF MERGER.
2 DIRECTOR
1 STEVE BABYK Mgmt For For
2 LILA M. BODNAR Mgmt For For
3 GEORGE KAWKA Mgmt For For
3 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
CROWE, CHIZEK AND COMPANY, LLC AS
AUDITORS FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932110466
FIRSTFED AMERICA BANCORP,
Security: 337929103 Meeting Type: Special
Ticker: FAB Meeting Date: 22-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO APPROVE AND ADOPT THE AGREEMENT Mgmt For For
AND PLAN OF MERGER, DATED AS OF
OCTOBER 6, 2003, BY AND BETWEEN
FIRSTFED AMERICA BANCORP, INC. AND
WEBSTER FINANCIAL CORPORATION, WHICH
PROVIDES, AMONG OTHER THINGS, FOR
THE MERGER OF FIRSTFED AMERICA WITH
AND INTO WEBSTER.
2 SUCH OTHER MATTERS AS MAY PROPERLY Mgmt For For
COME BEFORE THE SPECIAL MEETING OF
SHAREHOLDERS AND ANY ADJOURNMENTS
THEREOF, INCLUDING WHETHER TO
ADJOURN THE SPECIAL MEETING TO
SOLICIT ADDITIONAL VOTES IN FAVOR OF
THE MERGER AGREEMENT.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932022407
FIRSTFED AMERICA BANCORP
Security: 337929103 Meeting Type: Annual
Ticker: FAB Meeting Date: 31-Jul-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RICHARD W. CEDERBERG Mgmt For For
2 THOMAS A. RODGERS, JR. Mgmt For For
3 ANTHONY L. SYLVIA Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF KPMG LLP AS INDEPENDENT AUDITORS
OF FIRSTFED AMERICA BANCORP, INC.
FOR THE FISCAL YEAR ENDING MARCH 31,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932110783
FIRSTFED FINANCIAL CORP.
Security: 337907109 Meeting Type: Annual
Ticker: FED Meeting Date: 21-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 BABETTE E. HEIMBUCH Mgmt For For
2 JAMES P. GIRALDIN Mgmt For For
3 JOHN R. WOODHULL Mgmt For For
2 RATIFICATION OF KPMG LLP AS THE Mgmt For For
COMPANY S INDEPENDENT AUDITORS FOR
2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932127346
FRANKLIN BANK CORP.
Security: 352451108 Meeting Type: Annual
Ticker: FBTX Meeting Date: 05-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 L. CHIMERINE, PH.D. Mgmt For For
2 JAMES A. HOWARD Mgmt For For
3 ANTHONY J. NOCELLA Mgmt For For
2 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS THE
COMPANY S INDEPENDENT AUDITORS FOR
2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932159898
GOVERNMENT PROPERTIES TRUST
Security: 38374W107 Meeting Type: Annual
Ticker: GPP Meeting Date: 02-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JERRY D. BRINGARD Mgmt For For
2 ROBERT M. AMES Mgmt For For
3 SPENCER I. BROWNE Mgmt For For
4 PHILIP S. COTTONE Mgmt For For
5 ROBERT A. PECK Mgmt For For
6 THOMAS D. PESCHIO Mgmt For For
7 RICHARD H. SCHWACHTER Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932147413
HARRINGTON WEST FINANCIAL
Security: 41383L104 Meeting Type: Annual
Ticker: HWF Meeting Date: 25-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 PAUL O. HALME Mgmt For For
2 STANLEY J. KON Mgmt For For
2 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt For For
BY THE BOARD OF DIRECTORS OF
DELOITTE & TOUCHE LLP AS THE
COMPANY S INDEPENDENT AUDITORS FOR
THE FISCAL YEAR ENDING DECEMBER 31,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932151765
HAWTHORNE FINANCIAL CORPORATION
Security: 420542102 Meeting Type: Special
Ticker: HTHR Meeting Date: 25-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 PROPOSAL TO APPROVE AND ADOPT THE Mgmt For For
AGREEMENT AND PLAN OF MERGER, DATED
AS OF JANUARY 27, 2004, AMONG
COMMERCIAL CAPITAL BANCORP, INC.,
CCBI ACQUISITION CORP. AND HAWTHORNE
FINANCIAL CORPORATION, AS STATED IN
THE JOINT PROXY STATEMENT/PROSPECTUS
DATED APRIL 15, 2004
2 PROPOSAL TO GRANT DISCRETIONARY Mgmt For For
AUTHORITY TO ADJOURN THE SPECIAL
MEETING IF NECESSARY TO PERMIT
FURTHER SOLICITATIONS OF PROXIES IF
THERE ARE NOT SUFFICIENT VOTES AT
THE TIME OF THE SPECIAL MEETING TO
APPROVE AND ADOPT THE MERGER
AGREEMENT
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932118082
HINGHAM INSTITUTION FOR SAVINGS
Security: 433323102 Meeting Type: Annual
Ticker: HIFS Meeting Date: 29-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 HOWARD M. BERGER, ESQ. Mgmt For For
2 MARION J. FAHEY Mgmt For For
3 KEVIN W. GAUGHEN, ESQ. Mgmt For For
4 JULIO R. HERNANDO, ESQ. Mgmt For For
5 EDWARD L. SPARDA Mgmt For For
6 DONALD M. TARDIFF, M.D. Mgmt For For
2 TO ELECT MARION J. FAHEY AS THE Mgmt For For
CLERK OF THE BANK TO HOLD OFFICE
UNTIL THE 2005 ANNUAL MEETING OF
STOCKHOLDERS AND UNTIL HER SUCCESSOR
IS DULY ELECTED AND QUALIFIED
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932109982
HMN FINANCIAL, INC.
Security: 40424G108 Meeting Type: Annual
Ticker: HMNF Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MICHAEL J. FOGARTY Mgmt For For
2 SUSAN K. KOLLING Mgmt For For
3 MALCOLM W. MCDONALD Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF KPMG LLP AS THE AUDITORS OF THE
COMPANY FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932139264
HUDSON CITY BANCORP, INC.
Security: 443683107 Meeting Type: Annual
Ticker: HCBK Meeting Date: 21-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM J. COSGROVE Mgmt For For
2 DONALD O. QUEST Mgmt For For
3 DENIS J. SALAMONE Mgmt For For
4 JOSEPH G. SPONHOLZ Mgmt For For
2 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
KPMG LLP AS INDEPENDENT AUDITORS FOR
THE FISCAL YEAR ENDING DECEMBER 31,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932182760
INDEPENDENCE COMMUNITY BANK
Security: 453414104 Meeting Type: Annual
Ticker: ICBC Meeting Date: 24-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ROHIT M. DESAI* Mgmt For For
2 CHARLES J. HAMM* Mgmt For For
3 SCOTT M. HAND* Mgmt For For
4 DAVID L. HINDS* Mgmt For For
5 MARIA FIORINI RAMIREZ* Mgmt For For
6 DONALD M. KARP** Mgmt For For
7 ROBERT B. CATELL*** Mgmt For For
8 ROBERT W. GELFMAN*** Mgmt For For
2 TO APPROVE AN AMENDMENT TO Mgmt For For
INDEPENDENCE COMMUNITY BANK CORP. S
CERTIFICATE OF INCORPORATION TO
INCREASE THE NUMBER OF AUTHORIZED
SHARES OF COMMON STOCK.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
3 TO RATIFY THE APPOINTMENT OF ERNST & Mgmt For For
YOUNG LLP AS INDEPENDENCE COMMUNITY
BANK CORP. S INDEPENDENT AUDITORS
FOR THE YEAR ENDING DECEMBER 31,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932092721
INDEPENDENCE COMMUNITY BANK
Security: 453414104 Meeting Type: Special
Ticker: ICBC Meeting Date: 08-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 PROPOSAL TO ADOPT THE AGREEMENT Mgmt For For
AND PLAN OF MERGER, DATED AS OF
NOVEMBER 24, 2003, BY AND BETWEEN
INDEPENDENCE COMMUNITY BANK CORP.
AND STATEN ISLAND BANCORP, INC.
PURSUANT TO WHICH, AMONG OTHER
THINGS, STATEN ISLAND WILL MERGE
WITH AND INTO INDEPENDENCE.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932023663
ITLA CAPITAL CORPORATION
Security: 450565106 Meeting Type: Annual
Ticker: ITLA Meeting Date: 30-Jul-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 NORVAL L. BRUCE Mgmt For For
2 JEFFREY L. LIPSCOMB Mgmt For For
3 PRESTON MARTIN Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF ERNST & YOUNG LLP AS INDEPENDENT
AUDITORS FOR ITLA CAPITAL FOR THE
FISCAL YEAR ENDING DECEMBER 31,
2003.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932073719
JEFFERSON BANCSHARES, INC
Security: 472375104 Meeting Type: Annual
Ticker: JFBI Meeting Date: 08-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DR. TERRY M. BRIMER Mgmt For For
2 H. SCOTT REAMS Mgmt For For
3 WILLIAM T. HALE Mgmt For For
4 JOHN MCCRARY, JR. Mgmt For For
5 DR. JACK E. CAMPBELL Mgmt For For
6 ANDERSON L. SMITH Mgmt For For
7 WILLIAM F. YOUNG Mgmt For For
2 THE APPROVAL OF THE JEFFERSON Mgmt For For
BANCSHARES, INC. 2004 STOCK-BASED
INCENTIVE PLAN.
3 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF CRAINE, THOMPSON & JONES, R.C. AS
INDEPENDENT AUDITORS OF JEFFERSON
BANCSHARES, INC. FOR THE YEAR ENDING
JUNE 30, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932159379
LUMINENT MORTGAGE CAPITAL
Security: 550278303 Meeting Type: Annual
Ticker: LUM Meeting Date: 26-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ALBERT GUTIERREZ, CFA* Mgmt For For
2 JOHN MCMAHAN* Mgmt For For
3 J. E. WHITTERS, CPA* Mgmt For For
4 DONALD H. PUTNAM** Mgmt For For
2 TO APPROVE THE SECOND ARTICLES OF Mgmt For For
AMENDMENT AND RESTATEMENT OF
LUMINENT MORTGAGE CAPITAL, INC. IN
THE FORM ATTACHED TO THE PROXY
STATEMENT AS APPENDIX A.
3 TO RATIFY THE SELECTION OF DELOITTE Mgmt For For
& TOUCHE LLP AS INDEPENDENT AUDITORS
OF LUMINENT MORTGAGE CAPITAL, INC.
FOR ITS FISCAL YEAR ENDING DECEMBER
31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932117612
MASSBANK CORP.
Security: 576152102 Meeting Type: Annual
Ticker: MASB Meeting Date: 20-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MATHIAS B. BEDELL Mgmt For For
2 ALEXANDER S. COSTELLO Mgmt For For
3 STEPHEN E. MARSHALL Mgmt For For
2 MASSBANK CORP. 2004 STOCK OPTION AND Mgmt For For
INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932155054
MFA MORTGAGE INVESTMENTS,
Security: 55272X102 Meeting Type: Annual
Ticker: MFA Meeting Date: 09-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 STEWART ZIMMERMAN* Mgmt For For
2 JAMES A. BRODSKY* Mgmt For For
3 ALAN L. GOSULE* Mgmt For For
4 EDISON C. BUCHANAN** Mgmt For For
2 APPROVAL OF THE AMENDMENT AND Mgmt For For
RESTATEMENT OF THE COMPANY S SECOND
AMENDED AND RESTATED 1997 STOCK
OPTION PLAN.
3 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
ERNST & YOUNG LLP AS INDEPENDENT
AUDITORS FOR FISCAL 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932123728
MUTUALFIRST FINANCIAL, INC
Security: 62845B104 Meeting Type: Annual
Ticker: MFSF Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 EDWARD J. DOBROW* Mgmt For For
2 JULIE A. SKINNER* Mgmt For For
3 JOHN M. DALTON* Mgmt For For
4 DAVID W. HEETER* Mgmt For For
5 PATRICK C. BOTTS** Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF BKD, LLP AS INDEPENDENT AUDITORS
FOR THE CORPORATION FOR THE FISCAL
YEAR ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932141524
NEW YORK COMMUNITY BANCORP
Security: 649445103 Meeting Type: Annual
Ticker: NYB Meeting Date: 19-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DONALD M. BLAKE Mgmt For For
2 THOMAS A. DOHERTY Mgmt For For
3 MICHAEL J. LEVINE Mgmt For For
4 GUY V. MOLINARI Mgmt For For
5 JOHN A. PILESKI Mgmt For For
6 JOHN M. TSIMBINOS Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF KPMG LLP AS INDEPENDENT AUDITORS
OF NEW YORK COMMUNITY BANCORP, INC.
FOR THE FISCAL YEAR ENDING DECEMBER
31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932048742
NEW YORK COMMUNITY BANCORP
Security: 649445103 Meeting Type: Special
Ticker: NYB Meeting Date: 29-Oct-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO APPROVE AND ADOPT THE AGREEMENT Mgmt For For
AND PLAN OF MERGER, DATED AS OF JUNE
27, 2003, BY AND BETWEEN NEW YORK
COMMUNITY BANCORP, INC., AND ROSLYN
BANCORP, INC., PURSUANT TO WHICH
ROSLYN WILL BE MERGED WITH AND INTO
NEW YORK COMMUNITY.
2 TO APPROVE AN AMENDMENT TO NEW Mgmt For For
YORK COMMUNITY S CERTIFICATE OF
INCORPORATION INCREASING THE AMOUNT
OF COMMON STOCK AUTHORIZED FOR
ISSUANCE FROM 300 MILLION TO 600
MILLION SHARES.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932084104
PACIFIC CREST CAPITAL, INC
Security: 694166109 Meeting Type: Special
Ticker: PCCI Meeting Date: 06-Feb-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL AND ADOPTION OF THE Mgmt For For
AGREEMENT AND PLAN OF
REORGANIZATION, DATED AS OF OCTOBER
16, 2003, BY AND BETWEEN PACIFIC
CREST CAPITAL, INC. (PACIFIC CREST
CAPITAL), AND PACIFIC CAPITAL
BANCORP (PACIFIC CAPITAL BANCORP),
INCLUDING THE AGREEMENT AND PLAN OF
MERGER ATTACHED AS AN EXHIBIT
THERETO, AS MORE FULLY DESCRIBED IN
THE PROXY STATEMENT.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932159103
PACIFIC PREMIER BANCORP,
Security: 69478X105 Meeting Type: Annual
Ticker: PPBI Meeting Date: 26-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 STEVEN R. GARDNER Mgmt For For
2 SAM YELLEN Mgmt For For
2 THE APPROVAL OF THE 2004 LONG-TERM Mgmt For For
INCENTIVE PLAN.
3 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF VAVRINEK, TRINE, DAY & CO., LLP
AS INDEPENDENT AUDITORS OF PACIFIC
PREMIER BANCORP, INC. FOR THE FISCAL
YEAR ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932104413
PACIFIC UNION BANK
Security: 695025106 Meeting Type: Special
Ticker: PUBB Meeting Date: 07-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL OF MERGER. APPROVAL OF THE Mgmt For For
PRINCIPAL TERMS OF THE AGREEMENT AND
PLAN OF MERGER, DATED DECEMBER 22,
2003, BY AND AMONG HANMI FINANCIAL
CORPORATION, HANMI BANK, AND PUB,
AND THE MERGER OF PUB WITH AND INTO
HANMI BANK.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932047651
PARKVALE FINANCIAL CORPORATION
Security: 701492100 Meeting Type: Annual
Ticker: PVSA Meeting Date: 23-Oct-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 HARRY D. REAGAN Mgmt For For
2 ROBERT D. PFISCHNER Mgmt For For
3 ANDREA F. FITTING Mgmt For For
2 APPOINTMENT OF ERNST & YOUNG LLP AS Mgmt For For
THE CORPORATION S INDEPENDENT
AUDITORS FOR FISCAL 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932050090
PENNFED FINANCIAL SERVICE
Security: 708167101 Meeting Type: Annual
Ticker: PFSB Meeting Date: 29-Oct-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOSEPH L. LAMONICA Mgmt For For
2 MARIO TEIXEIRA, JR. Mgmt For For
2 PROPOSAL TO CHANGE THE COMPANY S Mgmt For For
STATE OF INCORPORATION FROM DELAWARE
TO MARYLAND.
3 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF DELOITTE & TOUCHE LLP AS
INDEPENDENT AUDITORS FOR THE COMPANY
FOR THE FISCAL YEAR ENDING JUNE 30,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932105427
PEOPLES BANCORP INC.
Security: 709789101 Meeting Type: Annual
Ticker: PEBO Meeting Date: 08-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ROBERT E. EVANS Mgmt For For
2 ROBERT W. PRICE Mgmt For For
3 PAUL T. THEISEN Mgmt For For
4 THOMAS J. WOLF Mgmt For For
2 TO ADOPT AMENDMENTS TO ARTICLE Mgmt For For
THREE OF PEOPLES CODE OF REGULATIONS
TO DESIGNATE ADDITIONAL OFFICERS TO
BE ELECTED BY THE DIRECTORS AND
CLARIFY AND SEPARATE THE ROLES OF
THE OFFICERS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932032749
PFF BANCORP, INC.
Security: 69331W104 Meeting Type: Annual
Ticker: PFB Meeting Date: 16-Sep-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 STEPHEN C. MORGAN, ED.D Mgmt For For
2 JIL H. STARK Mgmt For For
3 ROYCE A. STUTZMAN Mgmt For For
2 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
KPMG LLP AS INDEPENDENT AUDITORS OF
PFF BANCORP, INC. FOR THE FISCAL
YEAR ENDING MARCH 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932122651
PROVIDENT BANCORP, INC.
Security: 74383A109 Meeting Type: Annual
Ticker: PBCP Meeting Date: 22-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM F. HELMER Mgmt For For
2 DONALD T. MCNELIS Mgmt For For
3 WILLIAM R. SICHOL, JR. Mgmt For For
4 F. GARY ZEH Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF KPMG LLP AS THE COMPANY S
INDEPENDENT AUDITORS FOR THE FISCAL
YEAR ENDING SEPTEMBER 30, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932071830
PROVIDENT BANCORP, INC.
Security: 743835100 Meeting Type: Special
Ticker: PBCP Meeting Date: 06-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 THE PLAN OF CONVERSION AND Mgmt For For
REORGANIZATION OF PROVIDENT BANCORP,
MHC, DATED AS OF JULY 1, 2003,
PURSUANT TO WHICH PROVIDENT BANCORP,
MHC WILL CONVERT FROM THE MUTUAL
FORM OF ORGANIZATION TO THE STOCK
FORM OF ORGANIZATION, AND PROVIDENT
BANCORP, INC., WILL ISSUE SHARES OF
COMMON STOCK IN A STOCK OFFERING.
2 THE ISSUANCE BY PROVIDENT BANCORP, Mgmt For For
INC., A DELAWARE CORPORATION, OF
400,000 SHARES OF COMMON STOCK AND
THE CONTRIBUTION OF $1.0 MILLION IN
CASH TO THE PROVIDENT BANK
CHARITABLE FOUNDATION.
3 THE AGREEMENT AND PLAN OF Mgmt For For
REORGANIZATION BY AND BETWEEN
PROVIDENT BANCORP, MHC, PROVIDENT
BANCORP, INC., (A FEDERAL
CORPORATION), PROVIDENT BANCORP,
INC., (A DELAWARE CORPORATION),
PROVIDENT BANK AND E.N.B. HOLDING
COMPANY, INC. AND ELLENVILLE
NATIONAL BANK, DATED AS OF JULY 1,
2003, ALL AS MORE FULLY DESCRIBED IN
THE PROXY STATEMENT-PROSPECTUS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932177024
PROVIDENT FINANCIAL SERVICES
Security: 74386T105 Meeting Type: Annual
Ticker: PFS Meeting Date: 23-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 THE APPROVAL OF THE AGREEMENT AND Mgmt For For
PLAN OF MERGER, DATED AS OF DECEMBER
19, 2003, BY AND BETWEEN PROVIDENT
FINANCIAL SERVICES, INC. AND FIRST
SENTINEL BANCORP, INC., AND ALL
MATTERS CONTEMPLATED IN THE
AGREEMENT, PURSUANT TO WHICH FIRST
SENTINEL BANCORP, INC. WILL MERGE
WITH AND INTO THE COMPANY, WITH THE
COMPANY BEING THE SURVIVING
CORPORATION.
2 DIRECTOR
1 JOHN G. COLLINS Mgmt For For
2 FRANK L. FEKETE Mgmt For For
3 DAVID LEFF Mgmt For For
4 PAUL M. PANTOZZI Mgmt For For
3 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF KPMG LLP AS THE INDEPENDENT
AUDITORS OF THE COMPANY FOR THE YEAR
ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
4 THE AUTHORIZATION OF THE BOARD OF Mgmt For For
DIRECTORS OF THE COMPANY, IN ITS
DISCRETION, TO VOTE UPON SUCH OTHER
BUSINESS AS MAY PROPERLY COME BEFORE
THE ANNUAL MEETING, AND ANY
ADJOURNMENT OR POSTPONEMENT THEREOF,
INCLUDING, WITHOUT LIMITATION, A
MOTION TO ADJOURN THE ANNUAL
MEETING.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932013030
PROVIDENT FINANCIAL SERVICES
Security: 74386T105 Meeting Type: Annual
Ticker: PFS Meeting Date: 17-Jul-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 J. MARTIN COMEY Mgmt For For
2 GEOFFREY M. CONNOR Mgmt For For
3 THOMAS E. SHEENAN Mgmt For For
4 EDWARD O'DONNELL Mgmt For For
2 THE APPROVAL OF THE PROVIDENT Mgmt For For
FINANCIAL SERVICES, INC. 2003 STOCK
OPTION PLAN.
3 THE APPROVAL OF THE PROVIDENT Mgmt For For
FINANCIAL SERVICES, INC. 2003 STOCK
AWARD PLAN.
4 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF KPMG LLP AS AUDITORS FOR THE
FISCAL YEAR ENDING DECEMBER 31,
2003.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932174369
QUAKER CITY BANCORP, INC.
Security: 74731K106 Meeting Type: Special
Ticker: QCBC Meeting Date: 16-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO CONSIDER AND VOTE UPON A Mgmt For For
PROPOSAL TO ADOPT THE AGREEMENT AND
PLAN OF MERGER BETWEEN POPULAR, INC.
AND THE COMPANY, DATED AS OF MARCH
18, 2004 (THE MERGER AGREEMENT).
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932055189
QUAKER CITY BANCORP, INC.
Security: 74731K106 Meeting Type: Annual
Ticker: QCBC Meeting Date: 19-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WAYNE L. HARVEY Mgmt For For
2 EDWARD L. MILLER Mgmt For For
3 J.L. THOMAS Mgmt For For
2 IN THEIR DISCRETION, THE PROXIES ARE Mgmt For For
AUTHORIZED TO VOTE UPON SUCH OTHER
BUSINESS AS MAY PROPERLY COME BEFORE
THE 2003 ANNUAL MEETING.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932139187
REDWOOD TRUST, INC.
Security: 758075402 Meeting Type: Annual
Ticker: RWT Meeting Date: 06-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RICHARD D. BAUM Mgmt For For
2 MARIANN BYERWALTER Mgmt For For
3 DAVID L. TYLER Mgmt For For
2 RATIFICATION OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT AUDITORS OF REDWOOD
TRUST, INC. FOR THE FISCAL YEAR
ENDING DECEMBER 31, 2004.
3 TO APPROVE AMENDMENT OF THE 2002 Mgmt For For
REDWOOD TRUST, INC. INCENTIVE STOCK
PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932175690
SEACOAST FINANCIAL SERVICES
Security: 81170Q106 Meeting Type: Special
Ticker: SCFS Meeting Date: 28-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO APPROVE AND ADOPT THE AGREEMENT Mgmt For For
AND PLAN OF MERGER DATED AS OF
JANUARY 26, 2004, AS AMENDED BY THE
AMENDMENT TO AGREEMENT AND PLAN OF
MERGER MADE APRIL 12, 2004, BETWEEN
SOVEREIGN BANCORP, INC. AND SEACOAST
FINANCIAL SERVICES CORPORATION.
2 TO ADJOURN THE SPECIAL MEETING TO A Mgmt For For
LATER DATE OR DATES, IF NECESSARY TO
PERMIT FURTHER SOLICITATION OF
PROXIES IN THE EVENT THERE ARE NOT
SUFFICIENT VOTES AT THE TIME OF THE
SPECIAL MEETING TO APPROVE AND ADOPT
THE AGREEMENT AND PLAN OF MERGER, AS
AMENDED.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932028702
SOUND FEDERAL BANCORP, INC
Security: 83607V104 Meeting Type: Annual
Ticker: SFFS Meeting Date: 14-Aug-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ROBERTA I. BERNHARDT Mgmt For For
2 DONALD H. HEITHAUS Mgmt For For
3 JOSEPH A. LANZA Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF KPMG LLP AS AUDITORS FOR THE
FISCAL YEAR ENDING MARCH 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932083479
SOUND FEDERAL BANCORP, INC
Security: 83607V104 Meeting Type: Special
Ticker: SFFS Meeting Date: 04-Feb-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL OF THE SOUND FEDERAL Mgmt For For
BANCORP, INC. 2004 INCENTIVE STOCK
BENEFIT PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932117484
STANCORP FINANCIAL GROUP,
Security: 852891100 Meeting Type: Annual
Ticker: SFG Meeting Date: 03-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JEROME J. MEYER Mgmt For For
2 RALPH R. PETERSON Mgmt For For
3 E. KAY STEPP Mgmt For For
4 MICHAEL G. THORNE Mgmt For For
2 PROPOSAL TO RATIFY APPOINTMENT OF Mgmt For For
INDEPENDENT AUDITORS
3 PROPOSAL TO APPROVE THE AMENDED Mgmt For For
2002 STOCK INCENTIVE PLAN
4 SHAREHOLDER PROPOSAL CONCERNING Shr Abstain Against
THE NOMINATION OF DIRECTORS
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932122346
STERLING FINANCIAL CORPORATION
Security: 859319105 Meeting Type: Annual
Ticker: STSA Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 NED M. BARNES* Mgmt For For
2 JAMES P. FUGATE* Mgmt For For
3 ROBERT D. LARRABEE* Mgmt For For
4 DONALD N. BAUHOFER** Mgmt For For
5 W.'IKE' L. EISENHART*** Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932062867
STERLING FINANCIAL CORPORATION
Security: 859319105 Meeting Type: Special
Ticker: STSA Meeting Date: 11-Dec-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 PROPOSAL TO APPROVE THE AGREEMENT Mgmt For For
AND PLAN OF MERGER DATED JULY 14,
2003 BY AND BETWEEN STERLING
FINANCIAL CORPORATION AND KLAMATH
FIRST BANCORP, INC.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932175056
TAYLOR CAPITAL GROUP, INC
Security: 876851106 Meeting Type: Annual
Ticker: TAYC Meeting Date: 17-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 EDWARD T. MCGOWAN Mgmt For For
2 SHEPHERD G. PRYOR, IV Mgmt For For
3 MARK L. YEAGER Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932122081
TF FINANCIAL CORPORATION
Security: 872391107 Meeting Type: Annual
Ticker: THRD Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 GEORGE A. OLSEN Mgmt For For
2 DENNIS L. MCCARTNEY Mgmt For For
2 THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF GRANT THORNTON LLP AS THE
COMPANY S INDEPENDENT AUDITOR FOR
THE FISCAL YEAR ENDING DECEMBER 31,
2004.
3 STOCKHOLDER PROPOSAL - Shr For Against
RECOMMENDING THE REMOVAL OF ANY
PROVISIONS IN THE COMPANY S
CERTIFICATE OF INCORPORATION AND
BYLAWS THAT SEGREGATE THE BOARD OF
DIRECTORS INTO SEPARATE CLASSES WITH
STAGGERED TERMS OF OFFICES.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932177961
THE BANC CORPORATION
Security: 05944B103 Meeting Type: Annual
Ticker: TBNC Meeting Date: 15-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JAMES R. ANDREWS, M.D. Mgmt For For
2 DAVID R. CARTER Mgmt For For
3 JAMES MAILON KENT, JR. Mgmt For For
4 RONALD W. ORSO, M.D. Mgmt For For
5 LARRY D. STRIPLIN, JR. Mgmt For For
6 JAMES A. TAYLOR Mgmt For For
2 TO APPROVE AN AMENDMENT TO THE Mgmt For For
SECOND AMENDED AND RESTATED 1998
STOCK INCENTIVE PLAN OF THE BANC
CORPORATION TO INCREASE THE NUMBER
OF SHARES RESERVED FOR AWARDS UNDER
THE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932108548
THE SOUTH FINANCIAL GROUP
Security: 837841105 Meeting Type: Annual
Ticker: TSFG Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM P. BRANT Mgmt For For
2 J.W. DAVIS Mgmt For For
3 C. CLAYMON GRIMES JR. Mgmt For For
4 WILLIAM S. HUMMERS III Mgmt For For
5 WILLIAM R. TIMMONS III Mgmt For For
6 DAVID C. WAKEFIELD III Mgmt For For
2 PROPOSAL TO AMEND TSFG S AMENDED Mgmt Abstain Against
AND RESTATED STOCK OPTION PLAN TO
INCREASE THE SHARES AVAILABLE FOR
ISSUANCE BY 1 MILLION SHARES
3 PROPOSAL TO APPROVE CERTAIN Mgmt Abstain Against
AMENDMENTS TO TSFG S 2004 LONG-TERM
INCENTIVE PLAN
4 PROPOSAL TO INCREASE TSFG S Mgmt For For
AUTHORIZED COMMON STOCK FROM 100
MILLION SHARES TO 200 MILLION SHARES
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
5 PROPOSAL TO APPROVE TSFG S AMENDED Mgmt For For
AND RESTATED DIRECTORS STOCK OPTION
PLAN
6 PROPOSAL TO APPROVE AN AMENDMENT Mgmt For For
TO TSFG S EMPLOYEE STOCK PURCHASE
PLAN
7 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt For For
OF KPMG LLP AS INDEPENDENT AUDITORS
OF TSFG FOR FISCAL YEAR 2004
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932101619
THORNBURG MORTGAGE, INC.
Security: 885218107 Meeting Type: Annual
Ticker: TMA Meeting Date: 20-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ANNE-DRUE M. ANDERSON Mgmt For For
2 DAVID A. ATER Mgmt For For
3 LARRY A. GOLDSTONE Mgmt For For
4 IKE KALANGIS Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932116076
TIERONE CORPORATION
Security: 88650R108 Meeting Type: Annual
Ticker: TONE Meeting Date: 04-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ANN LINDLEY SPENCE Mgmt For For
2 CHARLES W HOSKINS Mgmt For For
2 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt For For
OF THE INDEPENDENT AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932074418
WASHINGTON FEDERAL, INC.
Security: 938824109 Meeting Type: Annual
Ticker: WFSL Meeting Date: 21-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 THOMAS F. KENNEY* Mgmt For For
2 DEREK L. CHINN** Mgmt For For
3 W. ALDEN HARRIS** Mgmt For For
4 GUY C. PINKERTON** Mgmt For For
2 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt For For
OF DELOITTE & TOUCHE LLP AS THE
INDEPENDENT AUDITORS OF WASHINGTON
FEDERAL FOR FISCAL YEAR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932152628
WAYPOINT FINANCIAL CORP.
Security: 946756103 Meeting Type: Annual
Ticker: WYPT Meeting Date: 20-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 CHARLES C. PEARSON, JR. Mgmt For For
2 ROBERT L. SIMPSON Mgmt For For
3 RANDALL L. HORST Mgmt For For
4 FRANK R. SOURBEER Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932135874
WESTCORP
Security: 957907108 Meeting Type: Annual
Ticker: WES Meeting Date: 26-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JUDITH M. BARDWICK Mgmt For For
2 JAMES R. DOWLAN Mgmt For For
3 DUANE A. NELLES Mgmt For For
4 ERNEST S. RADY Mgmt For For
2 APPROVAL OF THE WESTCORP LONG TERM Mgmt For For
INCENTIVE PLAN
3 APPROVAL OF THE AMENDMENT OF THE Mgmt For For
ARTICLES OF INCORPORATION AND BYLAWS
OF WESTCORP TO DECLASSIFY THE BOARD
OF DIRECTORS
4 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
INDEPENDENT ACCOUNTANTS ERNST &
YOUNG LLP
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932055545
WILLOW GROVE BANCORP, INC
Security: 97111W101 Meeting Type: Annual
Ticker: WGB Meeting Date: 12-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 LEWIS W. HULL Mgmt For For
2 CHARLES F. KREMP, 3RD Mgmt For For
3 ROSEMARY C. LORING, ESQ Mgmt For For
2 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt For For
BY THE BOARD OF DIRECTORS OF KPMG
LLP AS WILLOW GROVE BANCORP S
INDEPENDENT AUDITORS FOR THE FISCAL
YEAR ENDING JUNE 30, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-03 - 30-Jun-04 Report Date: 19-Jul-2004
Account Group: FBR Small Cap Financial Fund Agenda Number: 932171490
YARDVILLE NATIONAL BANCORP
Security: 985021104 Meeting Type: Annual
Ticker: YANB Meeting Date: 03-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ELBERT G. BASOLIS, JR.* Mgmt For For
2 A.M. GIAMPETRO, M.D.* Mgmt For For
3 PATRICK M. RYAN* Mgmt For For
4 MARTIN TUCHMAN* Mgmt For For
5 F. KEVIN TYLUS* Mgmt For For
6 SAMUEL D. MARRAZZO** Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 1 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932186263
AEROPOSTALE, INC.
Security: 007865108 Meeting Type: Annual
Ticker: ARO Meeting Date: 16-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 APPROVAL OF AN AMENDMENT TO THE Mgmt Against Against
COMPANY S CERTIFICATE OF
INCORPORATION TO PROVIDE FOR A
CLASSIFIED BOARD OF DIRECTORS.
2 DIRECTOR
1 JULIAN R. GEIGER Mgmt For For
2 JOHN S. MILLS Mgmt For For
3 BODIL ARLANDER Mgmt For For
4 RONALD L. BEEGLE Mgmt For For
5 MARY ELIZABETH BURTON Mgmt For For
6 ROBERT B. CHAVEZ Mgmt For For
7 DAVID EDWAB Mgmt For For
8 JOHN D. HOWARD Mgmt For For
9 DAVID B. VERMYLEN Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 2 of 54
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
3 APPROVAL OF THE EXECUTIVE INCENTIVE Mgmt Against Against
BONUS PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 3 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932065180
ALLIANCE GAMING CORPORATI ALLIANCE GAMING CORP-NE
Security: 01859P609 Meeting Type: Annual
Ticker: AGI Meeting Date: 10-Dec-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ROBERT MIODUNSKI Mgmt For For
2 DAVID ROBBINS Mgmt For For
2 APPROVAL OF AN AMENDMENT TO THE Mgmt Against Against
COMPANY S 2001 LONG-TERM INCENTIVE
PLAN TO INCREASE THE NUMBER OF
SHARES ISSUABLE BY 3,500,000 SHARES
3 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS THE
COMPANY S INDEPENDENT PUBLIC
ACCOUNTANTS FOR FISCAL YEAR 2004
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 4 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932116521
ALLMERICA FINANCIAL CORPO
Security: 019754100 Meeting Type: Annual
Ticker: AFC Meeting Date: 04-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MICHAEL P. ANGELINI Mgmt For For
2 EDWARD J. PARRY, III Mgmt For For
3 HERBERT M. VARNUM Mgmt For For
2 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS THE
INDEPENDENT PUBLIC ACCOUNTANTS OF
ALLMERICA FINANCIAL CORPORATION.
3 APPROVAL OF SHORT-TERM INCENTIVE Mgmt Against Against
COMPENSATION PLAN DESCRIBED IN PROXY
STATEMENT.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 5 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932037826
AMC ENTERTAINMENT INC. AMC ENTERTAINMENT INC
Security: 001669100 Meeting Type: Annual
Ticker: AEN Meeting Date: 18-Sep-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MR. PETER C. BROWN Mgmt For For
2 MR. CHARLES J. EGAN, JR Mgmt For For
3 MR. CHARLES S. SOSLAND Mgmt For For
4 MR. PAUL E. VARDEMAN Mgmt For For
5 MR. MICHAEL N. GARIN Mgmt For For
2 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt Against Against
OF PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT ACCOUNTANTS FOR THE
COMPANY FOR THE FISCAL YEAR ENDING
APRIL 1, 2004.
3 PROPOSAL TO APPROVE THE 2003 AMC Mgmt Against Against
ENTERTAINMENT INC. LONG-TERM
INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 6 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932127714
AMERICAN TOWER CORPORATIO
Security: 029912201 Meeting Type: Annual
Ticker: AMT Meeting Date: 06-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RAYMOND P. DOLAN Mgmt For For
2 CAROLYN F. KATZ Mgmt For For
3 FRED R. LUMMIS Mgmt For For
4 PAMELA D.A. REEVE Mgmt For For
5 JAMES D. TAICLET, JR. Mgmt For For
2 RATIFICATION OF THE SELECTION OF Mgmt For For
DELOITTE & TOUCHE LLP AS INDEPENDENT
AUDITORS FOR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 7 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932052626
AMERICREDIT CORP. AMERICREDIT CORP
Security: 03060R101 Meeting Type: Annual
Ticker: ACF Meeting Date: 05-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DANIEL E. BERCE* Mgmt For For
2 EDWARD H. ESSTMAN* Mgmt For For
3 JAMES H. GREER* Mgmt For For
4 GERALD J. FORD* Mgmt For For
5 JOHN R. CLAY** Mgmt For For
6 B.J. MCCOMBS** Mgmt For For
2 PROPOSAL TO AMEND THE AMERICREDIT Mgmt For For
CORP. EMPLOYEE STOCK PURCHASE PLAN.
3 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt For For
OF PRICEWATERHOUSECOOPERS AS
ACCOUNTANTS FOR THE FISCAL YEAR
ENDING JUNE 30, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 8 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932078531
BEAZER HOMES USA, INC. BEAZER HOMES USA INC
Security: 07556Q105 Meeting Type: Annual
Ticker: BZH Meeting Date: 10-Feb-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 LAURENT ALPERT Mgmt For For
2 KATIE J. BAYNE Mgmt For For
3 BRIAN C. BEAZER Mgmt For For
4 IAN J. MCCARTHY Mgmt For For
5 MAUREEN E. O'CONNELL Mgmt For For
6 LARRY T. SOLARI Mgmt For For
7 STEPHEN P. ZELNAK, JR. Mgmt For For
2 PROPOSAL TO AMEND THE AMENDED AND Mgmt Against Against
RESTATED 1999 STOCK INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 9 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932104071
BERKSHIRE HATHAWAY INC.
Security: 084670207 Meeting Type: Annual
Ticker: BRKB Meeting Date: 03-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WARREN E. BUFFETT Mgmt For For
2 CHARLES T. MUNGER Mgmt For For
3 SUSAN T. BUFFETT Mgmt For For
4 HOWARD G. BUFFETT Mgmt For For
5 MALCOLM G. CHACE Mgmt For For
6 DAVID S. GOTTESMAN Mgmt For For
7 CHARLOTTE GUYMAN Mgmt For For
8 DONALD R. KEOUGH Mgmt For For
9 THOMAS S. MURPHY Mgmt For For
10 RONALD L. OLSON Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 10 of 54
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 WALTER SCOTT, JR. Mgmt For For
2 SHAREHOLDER PROPOSAL: TO APPROVE Shr Against For
THE STOCKHOLDER PROPOSAL WITH
RESPECT TO POLITICAL CONTRIBUTIONS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 11 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932173874
CARMAX, INC.
Security: 143130102 Meeting Type: Annual
Ticker: KMX Meeting Date: 29-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 KEITH D. BROWNING Mgmt For For
2 JAMES F. CLINGMAN, JR. Mgmt For For
3 HUGH G. ROBINSON Mgmt For For
4 RICHARD L. SHARP Mgmt For For
5 THOMAS G. STERNBERG Mgmt For For
2 APPROVAL OF AN AMENDMENT TO THE Mgmt For For
CARMAX, INC. 2002 EMPLOYEE STOCK
PURCHASE PLAN
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 12 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932113412
CHUBB CORPORATION
Security: 171232101 Meeting Type: Annual
Ticker: CB Meeting Date: 27-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ZOE BAIRD Mgmt For For
2 SHEILA P. BURKE Mgmt For For
3 JAMES I. CASH, JR. Mgmt For For
4 JOEL J. COHEN Mgmt For For
5 JAMES M. CORNELIUS Mgmt For For
6 JOHN D. FINNEGAN Mgmt For For
7 DAVID H. HOAG Mgmt For For
8 KLAUS J. MANGOLD Mgmt For For
9 SIR DAVID G SCHOLEY CBE Mgmt For For
10 RAYMOND G.H. SEITZ Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 13 of 54
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 LAWRENCE M. SMALL Mgmt For For
12 DANIEL E. SOMERS Mgmt For For
13 KAREN HASTIE WILLIAMS Mgmt For For
14 JAMES M. ZIMMERMAN Mgmt For For
15 ALFRED W. ZOLLAR Mgmt For For
2 APPROVE THE ADOPTION OF THE CHUBB Mgmt For For
CORPORATION LONG-TERM STOCK
INCENTIVE PLAN (2004)
3 APPROVE THE ADOPTION OF THE CHUBB Mgmt For For
CORPORATION LONG-TERM STOCK
INCENTIVE PLAN FOR NON-EMPLOYEE
DIRECTORS (2004)
4 RATIFY THE APPOINTMENT OF ERNST & Mgmt For For
YOUNG LLP AS INDEPENDENT AUDITORS
FOR 2004
5 SHAREHOLDER PROPOSAL Shr Against For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 14 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932123970
COCA-COLA BOTTLING CO. CO
Security: 191098102 Meeting Type: Annual
Ticker: COKE Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 J. FRANK HARRISON III Mgmt For For
2 H.W. MCKAY BELK Mgmt For For
3 SHARON A. DECKER Mgmt For For
4 WILLIAM B. ELMORE Mgmt For For
5 JAMES E. HARRIS Mgmt For For
6 DEBORAH S. HARRISON Mgmt For For
7 NED R. MCWHERTER Mgmt For For
8 JOHN W. MURREY, III Mgmt For For
9 CARL WARE Mgmt For For
10 DENNIS A. WICKER Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 15 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932099713
CORUS BANKSHARES, INC.
Security: 220873103 Meeting Type: Annual
Ticker: CORS Meeting Date: 21-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOSEPH C. GLICKMAN Mgmt For For
2 ROBERT J. GLICKMAN Mgmt For For
3 ROBERT J. BUFORD Mgmt For For
4 STEVEN D. FIFIELD Mgmt For For
5 RODNEY D. LUBEZNIK Mgmt For For
6 MICHAEL J. MCCLURE Mgmt For For
7 PETER C. ROBERTS Mgmt For For
2 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt For For
OF ERNST & YOUNG LLP AS THE
INDEPENDENT PUBLIC ACCOUNTANTS OF
THE COMPANY.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 16 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932075775
D.R. HORTON, INC. D R HORTON, INC.
Security: 23331A109 Meeting Type: Annual
Ticker: DHI Meeting Date: 29-Jan-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DONALD R. HORTON Mgmt For For
2 BRADLEY S. ANDERSON Mgmt For For
3 MICHAEL R. BUCHANAN Mgmt For For
4 RICHARD I. GALLAND Mgmt For For
5 FRANCINE I. NEFF Mgmt For For
6 DONALD J. TOMNITZ Mgmt For For
7 BILL W. WHEAT Mgmt For For
2 AMENDMENT TO THE D.R. HORTON, INC. Mgmt For For
2000 INCENTIVE BONUS PLAN
3 IN THEIR DISCRETION, THE PROXIES ARE Mgmt Against Against
AUTHORIZED TO VOTE UPON OTHER
BUSINESS PROPERLY BROUGHT BEFORE
THE MEETING OR ANY ADJOURNMENT.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 17 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932031797
DEL MONTE FOODS COMPANY DEL MONTE FOODS CO
Security: 24522P103 Meeting Type: Annual
Ticker: DLM Meeting Date: 12-Sep-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 SAMUEL H. ARMACOST Mgmt For For
2 TERENCE D. MARTIN Mgmt For For
3 RICHARD G. WOLFORD Mgmt For For
2 TO APPROVE DEL MONTE FOODS COMPANY S Mgmt For For
ANNUAL INCENTIVE PLAN, AS AMENDED,
TO COMPLY WITH SECTION 162(M) OF
THE INTERNAL REVENUE CODE.
3 TO RATIFY THE APPOINTMENT OF KPMG LLP Mgmt For For
AS DEL MONTE FOODS COMPANY S
INDEPENDENT AUDITORS FOR ITS FISCAL
YEAR ENDING MAY 2, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 18 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932124390
DOVER MOTORSPORTS, INC.
Security: 260174107 Meeting Type: Annual
Ticker: DVD Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN W. ROLLINS, JR. Mgmt For For
2 EUGENE W. WEAVER Mgmt For For
3 MELVIN L. JOSEPH Mgmt For For
2 APPROVAL OF THE 2004 STOCK INCENTIVE Mgmt Against Against
PLAN
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 19 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932049073
FIRST DATA CORPORATION FIRST DATA CORP
Security: 319963104 Meeting Type: Special
Ticker: FDC Meeting Date: 28-Oct-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 TO APPROVE THE ISSUANCE OF SHARES Mgmt For For
OF FIRST DATA COMMON STOCK AS
CONTEMPLATED BY THE AGREEMENT AND
PLAN OF MERGER, DATED AS OF APRIL
1, 2003, AMONG FIRST DATA
CORPORATION, MONACO SUBSIDIARY
CORPORATION, A WHOLLY OWNED
SUBSIDIARY OF FIRST DATA
CORPORATION, AND CONCORD EFS, INC.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 20 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932126902
HILB, ROGAL AND HAMILTON
Security: 431294107 Meeting Type: Annual
Ticker: HRH Meeting Date: 04-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 J.S.M. FRENCH Mgmt For For
2 ROBERT B. LOCKHART Mgmt For For
3 ANTHONY F. MARKEL Mgmt For For
4 ROBERT S. UKROP Mgmt For For
2 APPROVAL OF AN AMENDMENT TO Mgmt For For
ARTICLES OF INCORPORATION
3 APPROVAL OF OUTSIDE DIRECTORS Mgmt Against Against
DEFERRAL PLAN
4 APPROVAL OF EMPLOYEE STOCK Mgmt For For
PURCHASE PLAN
5 APPROVAL OF PROPOSAL FOR Mgmt Against Against
ADJOURNMENT, IF NECESSARY
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 21 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932183801
INDEPENDENCE HOLDING COMP
Security: 453440307 Meeting Type: Annual
Ticker: INHO Meeting Date: 18-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 LARRY R. GRABER Mgmt For For
2 ALLAN C. KIRKMAN Mgmt For For
3 STEVEN B. LAPIN Mgmt For For
4 EDWARD NETTER Mgmt For For
5 ROBERT P. ROSS, JR. Mgmt For For
6 JAMES G. TATUM Mgmt For For
7 ROY T.K. THUNG Mgmt For For
2 TO RATIFY THE APPOINTMENT OF KPMG LLP Mgmt For For
AS INDEPENDENT AUDITORS FOR THE
FISCAL YEAR ENDING DECEMBER 31,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 22 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932081134
INTERNATIONAL GAME TECHNO INTERNATIONAL GAME TECH
Security: 459902102 Meeting Type: Annual
Ticker: IGT Meeting Date: 02-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 G. THOMAS BAKER Mgmt For For
2 NEIL BARSKY Mgmt For For
3 ROBERT A. BITTMAN Mgmt For For
4 RICHARD R. BURT Mgmt For For
5 LESLIE S. HEISZ Mgmt For For
6 ROBERT A. MATHEWSON Mgmt For For
7 THOMAS J. MATTHEWS Mgmt For For
8 ROBERT MILLER Mgmt For For
9 FREDERICK B. RENTSCHLER Mgmt For For
2 APPROVAL OF THE AMENDMENT TO THE Mgmt Against Against
INTERNATIONAL GAME TECHNOLOGY
EMPLOYEE STOCK PURCHASE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 23 of 54
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
3 RATIFICATION OF APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS IGT S
INDEPENDENT AUDITORS FOR THE FISCAL
YEAR ENDING SEPTEMBER 30, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 24 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932154103
INVESTORS TITLE COMPANY
Security: 461804106 Meeting Type: Annual
Ticker: ITIC Meeting Date: 19-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 J. ALLEN FINE Mgmt For For
2 DAVID L. FRANCIS Mgmt For For
3 A. SCOTT PARKER III Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 25 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932142386
KANEB SERVICES LLC
Security: 484173109 Meeting Type: Annual
Ticker: KSL Meeting Date: 25-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 SANGWOO AHN Mgmt For For
2 JOHN R. BARNES Mgmt For For
3 MURRAY R. BILES Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 26 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932119072
MARKEL CORPORATION
Security: 570535104 Meeting Type: Annual
Ticker: MKL Meeting Date: 11-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 DOUGLAS C. EBY Mgmt For For
2 LESLIE A. GRANDIS Mgmt
For For
3 STEWART M. KASEN Mgmt
For For
4 ALAN I. KIRSHNER Mgmt
For For
5 ANTHONY F. MARKEL Mgmt
For For
6 STEVEN A. MARKEL Mgmt
For For
7 JAY M. WEINBERG Mgmt For For
2 TO RATIFY OR REJECT THE SELECTION BY Mgmt For For
THE AUDIT COMMITTEE OF THE BOARD OF
DIRECTORS OF KPMG LLP AS THE
COMPANY S INDEPENDENT AUDITORS FOR
THE YEAR ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 27 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932164178
MARKWEST HYDROCARBON, INC
Security: 570762104 Meeting Type: Annual
Ticker: MWP Meeting Date: 03-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 WILLIAM A. KELLSTROM Mgmt For For
2 WILLIAM F. WALLACE Mgmt For For
2 RATIFICATION OF KPMG LLP AS THE Mgmt For For
COMPANY S INDEPENDENT ACCOUNTANTS
FOR THE FISCAL YEAR ENDING DECEMBER
31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 28 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932060041
MICROS SYSTEMS, INC. MICROS SYSTEMS, INC.
Security: 594901100 Meeting Type: Annual
Ticker: MCRS Meeting Date:
21-Nov-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 A.L. GIANNOPOULOS Mgmt For For
2 LOUIS M. BROWN, JR. Mgmt For For
3 B. GARY DANDO Mgmt For For
4 JOHN G. PUENTE Mgmt For For
5 DWIGHT S. TAYLOR Mgmt For For
6 WILLIAM S. WATSON Mgmt For For
2 PROPOSAL TO APPROVE THE Mgmt For For
APPOINTMENT OF
PRICEWATERHOUSECOOPERS LLP AS THE
INDEPENDENT PUBLIC ACCOUNTANTS OF
THE COMPANY
3 PROPOSAL TO APPROVE THE AMENDMENT Mgmt Against Against
TO THE COMPANY S 1991 STOCK OPTION
PLAN WHICH SERVES TO AUTHORIZE THE
ISSUANCE OF AN ADDITIONAL 600,000
SHARES OF COMMON STOCK
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 29 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932171200
MONARCH CASINO & RESORT,
Security: 609027107 Meeting Type: Annual
Ticker: MCRI Meeting Date: 26-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN FARAHI Mgmt For For
2 CRAIG F. SULLIVAN Mgmt For For
3 CHARLES W. SCHARER Mgmt For For
2 IN THEIR DISCRETION, ACT UPON SUCH Mgmt For For
OTHER MATTERS AS MAY PROPERLY COME
BEFORE THIS MEETING.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 30 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932084027
MULTIMEDIA GAMES, INC. MULTIMEDIA GAMES INC
Security: 625453105 Meeting Type: Annual
Ticker: MGA Meeting Date: 02-Feb-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 THOMAS W. SARNOFF Mgmt For For
2 CLIFTON E. LIND Mgmt For For
3 GORDON T. GRAVES Mgmt For For
4 ROBERT D. REPASS Mgmt For For
5 MARTIN A. KEANE Mgmt For For
6 JOHN M. WINKELMAN Mgmt For For
2 TO APPROVE THE AMENDMENT OF OUR Mgmt For For
AMENDED AND RESTATED ARTICLES OF
INCORPORATION TO INCREASE THE
NUMBER OF AUTHORIZED SHARES OF
COMMON STOCK FROM 25,000,000 TO
75,000,000.
3 TO APPROVE THE 2003 OUTSIDE Mgmt Against Against
DIRECTORS STOCK OPTION PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 31 of 54
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
4 TO RATIFY THE APPOINTMENT OF BDO Mgmt For For
SEIDMAN, LLP AS THE INDEPENDENT
PUBLIC ACCOUNTANTS OF THE COMPANY
FOR THE FISCAL YEAR ENDING
SEPTEMBER 30, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 32 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932127269
PARTNERRE LTD.
Security: G6852T105 Meeting Type: Annual
Ticker: PRE Meeting Date: 13-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 VITO H. BAUMGARTNER Mgmt For For
2 JEAN-PAUL MONTUPET Mgmt For For
3 JOHN A. ROLLWAGEN Mgmt For For
4 LUCIO STANCA Mgmt For For
2 TO APPROVE AN INCREASE IN THE Mgmt For For
MAXIMUM NUMBER OF DIRECTORS FROM
TEN TO ELEVEN, WITH THE MINIMUM
NUMBER OF DIRECTORS SET AT THREE,
AND FOR THE BOARD TO BE AUTHORIZED
TO FILL ANY VACANCIES AS AND WHEN
THEY DEEM EXPEDIENT.
3 TO AMEND THE BYE-LAWS OF THE Mgmt For For
COMPANY TO REMOVE THE EXEMPTION
WHICH EXCLUDES SWISS REINSURANCE
COMPANY AND ITS AFFILIATES FROM THE
PROHIBITION ON OBTAINING OR
EXERCISING MORE THAN 9.9% OF THE
VOTING RIGHTS ATTACHED TO THE
COMPANY S ISSUED AND OUTSTANDING
SHARES.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 33 of 54
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
4 TO INCREASE THE NUMBER OF COMMON Mgmt Against Against
SHARES RESERVED FOR ISSUANCE UNDER
THE PARTNERRE LTD. EMPLOYEE
INCENTIVE PLAN FROM 3,500,000
COMMON SHARES TO 5,000,000 COMMON
SHARES.
5 TO REAPPOINT THE FIRM OF DELOITTE & Mgmt For For
TOUCHE TO SERVE AS INDEPENDENT
AUDITORS OF THE COMPANY UNTIL THE
COMPANY S 2005 ANNUAL GENERAL
MEETING AND TO REFER TO THE BOARD
OF DIRECTORS THE AUTHORITY TO
DETERMINE THE REMUNERATION OF
DELOITTE & TOUCHE.
6 OTHER - IN THEIR DISCRETION UPON SUCH Mgmt Against Against
OTHER MATTERS, INCLUDING
WITHHOLDING A QUORUM, IF NECESSARY,
AS MAY PROPERLY COME BEFORE THE
ANNUAL GENERAL MEETING.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 34 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932075054
PDS GAMING CORPORATION PDS GAMING CORP
Security: 69329T105 Meeting Type: Annual
Ticker: PDSG Meeting Date: 29-Dec-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHAN P. FINLEY Mgmt For For
2 PETER D. CLEARY Mgmt For For
3 JAMES L. MORRELL Mgmt For For
4 LONA M.B. FINLEY Mgmt For For
5 JOEL M. KOONCE Mgmt For For
6 PATRICK R. CRUZEN Mgmt For For
2 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
PIERCY, BOWLER, TAYLOR & KERN,
CERTIFIED PUBLIC ACCOUNTANTS AND
BUSINESS ADVISORS, A PROFESSIONAL
CORPORATION, AS INDEPENDENT
ACCOUNTANTS FOR 2003.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 35 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932152856
PENN NATIONAL GAMING, INC
Security: 707569109 Meeting Type: Annual
Ticker: PENN Meeting Date: 26-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ROBERT P. LEVY Mgmt For For
2 BARBARA Z. SHATTUCK Mgmt For For
2 TO RATIFY THE APPOINTMENT OF BDO Mgmt For For
SEIDMAN, LLP, AS INDEPENDENT PUBLIC
ACCOUNTANTS OF THE COMPANY FOR THE
YEAR ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 36 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932134238
PENN VIRGINIA CORPORATION
Security: 707882106 Meeting Type: Annual
Ticker: PVA Meeting Date: 04-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 EDWARD B. CLOUES, II Mgmt For For
2 A. JAMES DEARLOVE Mgmt For For
3 ROBERT GARRETT Mgmt For For
4 H. JARRELL GIBBS Mgmt For For
5 KEITH D. HORTON Mgmt For For
6 JOE T. RYE Mgmt For For
7 MARSHA REINES PERELMAN Mgmt For For
8 GARY K. WRIGHT Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 37 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932136941
PLATINUM UNDERWRITERS HOL
Security: G7127P100 Meeting Type: Annual
Ticker: PTP Meeting Date: 06-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 H. FURLONG BALDWIN Mgmt
2 JONATHAN F. BANK Mgmt
3 DAN R. CARMICHAEL Mgmt
4 NEILL A. CURRIE Mgmt
5 JAY S. FISHMAN Mgmt
6 GREGORY E.A. MORRISON Mgmt
7 STEVEN H. NEWMAN Mgmt
8 PETER T. PRUITT Mgmt
2 THE PROPOSAL TO ELECT GREGORY E.A. Mgmt
MORRISON TO THE BOARD OF DIRECTORS
OF PLATINUM UNDERWRITERS BERMUDA,
LTD.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 38 of 54
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
3 THE PROPOSAL TO ELECT MICHAEL D. Mgmt
PRICE TO THE BOARD OF DIRECTORS OF
PLATINUM UNDERWRITERS BERMUDA, LTD.
4 THE PROPOSAL TO ELECT WILLIAM A. Mgmt
ROBBIE TO THE BOARD OF DIRECTORS OF
PLATINUM UNDERWRITERS BERMUDA, LTD.
5 THE PROPOSAL TO RATIFY THE Mgmt
APPOINTMENT OF WILLIAM A. ROBBIE TO
THE BOARD OF DIRECTORS OF PLATINUM
RE (UK) LIMITED.
6 THE PROPOSAL TO RATIFY THE Mgmt
APPOINTMENT OF RUSSELL WORSLEY TO
THE BOARD OF DIRECTORS OF PLATINUM
RE (UK) LIMITED.
7 THE PROPOSAL TO AMEND BYE-LAWS OF Mgmt
THE COMPANY BY REMOVING SECTION
44(2), WHICH REQUIRES THE
SHAREHOLDERS OF THE COMPANY TO
CONSIDER MATTERS THAT ARE SUBMITTED
TO THE SHAREHOLDERS OF THE COMPANY S
NON-U.S. SUBSIDIARIES.
8 THE PROPOSAL TO APPROVE THE Mgmt
COMPANY S 2002 SHARE INCENTIVE
PLAN.
9 A PROPOSAL TO RATIFY THE SELECTION OF Mgmt
KPMG LLP, INDEPENDENT CERTIFIED
PUBLIC ACCOUNTANTS AS INDEPENDENT
AUDITORS FOR THE COMPANY.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 39 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932036898
PLATINUM UNDERWRITERS HOL ***PLATINUM UNDERWRITER
Security: G7127P100 Meeting Type: Annual
Ticker: PTP Meeting Date: 17-Sep-03
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 H. FURLONG BALDWIN Mgmt For For
2 JONATHAN F. BANK Mgmt For For
3 DAN R. CARMICHAEL Mgmt For For
4 NEILL A. CURRIE Mgmt For For
5 JAY S. FISHMAN Mgmt For For
6 GREGORY E.A. MORRISON Mgmt For For
7 STEVEN H. NEWMAN Mgmt For For
8 PETER T. PRUITT Mgmt For For
2 TO CONSIDER AND TAKE ACTION UPON THE Mgmt For For
PROPOSAL TO ELECT GREGORY E.A
MORRISON DIRECTOR OF PLATINUM
UNDERWRITERS BERMUDA, LTD.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 40 of 54
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
3 TO CONSIDER AND TAKE ACTION UPON THE Mgmt For For
PROPOSAL TO ELECT MICHAEL D. PRICE
DIRECTOR OF PLATINUM UNDERWRITERS
BERMUDA, LTD.
4 TO CONSIDER AND TAKE ACTION UPON THE Mgmt For For
PROPOSAL TO ELECT WILLIAM A. ROBBIE
DIRECTOR OF PLATINUM UNDERWRITERS
BERMUDA, LTD.
5 TO CONSIDER AND TAKE ACTION UPON THE Mgmt For For
PROPOSAL TO APPOINT GREGORY E.A.
MORRISON DIRECTOR OF PLATINUM RE
(UK) LIMITED.
6 TO CONSIDER AND TAKE ACTION UPON THE Mgmt For For
PROPOSAL TO APPOINT CRAIG T.
PETTENGELL DIRECTOR OF PLATINUM RE
(UK) LIMITED.
7 TO CONSIDER AND TAKE ACTION UPON THE Mgmt For For
PROPOSAL TO APPOINT ROBERT S.
PORTER DIRECTOR OF PLATINUM RE (UK)
LIMITED.
8 TO CONSIDER AND APPROVE THE Mgmt Abstain Against
COMPANY S SECTION 162(M)
PERFORMANCE INCENTIVE PLAN, WHICH
ENABLES THE COMPANY TO PROVIDE
INCENTIVE COMPENSATION TO EXECUTIVE
OFFICERS OF THE COMPANY WHO ARE
EMPLOYED BY PLATINUM UNDERWRITERS
REINSURANCE, INC. IN A MANNER THAT
QUALIFIES AS PERFORMANCE-BASED
COMPENSATION UNDER SECTION 162(M)
OF THE INTERNAL REVENUE CODE.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 41 of 54
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
9 TO CONSIDER AND TAKE ACTION UPON A Mgmt For For
PROPOSAL TO RATIFY THE SELECTION OF
KPMG LLP, INDEPENDENT CERTIFIED
PUBLIC ACCOUNTANTS, AS INDEPENDENT
AUDITORS FOR THE COMPANY AND KPMG
(BERMUDA), INDEPENDENT CERTIFIED
PUBLIC ACCOUNTANTS, AS INDEPENDENT
AUDITORS FOR PLATINUM UNDERWRITERS
BERMUDA, LTD. FOR THE 2003 FISCAL
YEAR.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 42 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932139492
PMA CAPITAL CORPORATION
Security: 693419202 Meeting Type: Annual
Ticker: PMAC Meeting Date: 12-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 THOMAS J. GALLEN Mgmt For For
2 RICHARD LUTENSKI Mgmt For For
3 JOHN W. MILLER, JR. Mgmt For For
4 EDWARD H. OWLETT Mgmt For For
5 NEAL C. SCHNEIDER Mgmt For For
2 APPROVAL OF PMA CAPITAL CORPORATION Mgmt Against Against
DIRECTORS STOCK COMPENSATION PLAN.
3 RATIFICATION OF DELOITTE & TOUCHE LLP Mgmt For For
AS INDEPENDENT AUDITORS FOR 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 43 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932106710
PROVIDIAN FINANCIAL CORPO
Security: 74406A102 Meeting Type: Annual
Ticker: PVN Meeting Date: 13-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 JOHN L. DOUGLAS Mgmt For For
2 J. DAVID GRISSOM Mgmt For For
3 ROBERT J. HIGGINS Mgmt For For
4 F. RUIZ DE LUZURIAGA Mgmt For For
2 RATIFICATION OF APPOINTMENT OF Mgmt For For
INDEPENDENT AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 44 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932145938
REGAL ENTERTAINMENT GROUP
Security: 758766109 Meeting Type: Annual
Ticker: RGC Meeting Date: 12-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 THOMAS D. BELL, JR. Mgmt For For
2 CRAIG D. SLATER Mgmt For For
2 RATIFICATION OF THE AUDIT COMMITTEE S Mgmt For For
SELECTION OF KPMG LLP AS OUR
INDEPENDENT AUDITORS FOR THE FISCAL
YEAR ENDING DECEMBER 30, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 45 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932156210
RENT-A-CENTER, INC.
Security: 76009N100 Meeting Type: Annual
Ticker: RCII Meeting Date: 19-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MITCHELL E. FADEL Mgmt For For
2 PETER P. COPSES Mgmt For For
3 MARY ELIZABETH BURTON Mgmt For For
2 APPROVE THE AMENDMENT TO OUR Mgmt For For
CERTIFICATE OF INCORPORATION TO
INCREASE THE NUMBER OF SHARES OF
COMMON STOCK, PAR VALUE $.01 PER
SHARE, AUTHORIZED TO BE ISSUED FROM
125,000,000 TO 250,000,000.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 46 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932134757
SERVICE CORPORATION INTER
Security: 817565104 Meeting Type: Annual
Ticker: SRV Meeting Date: 13-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ALAN R. BUCKWALTER III Mgmt For For
2 S. MALCOLM GILLIS Mgmt For For
3 B.D. HUNTER Mgmt For For
4 VICTOR L. LUND Mgmt For For
5 JOHN W. MECOM, JR. Mgmt For For
6 THOMAS L. RYAN Mgmt For For
2 APPROVAL OF THE SELECTION OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS THE
COMPANY S INDEPENDENT ACCOUNTANTS
FOR FISCAL 2004.
3 APPROVAL OF A PROPOSAL TO AMEND AND Mgmt For For
RE-APPROVE THE AMENDED 1996
INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 47 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932092543
SHUFFLE MASTER, INC. SHUFFLE MASTER INC
Security: 825549108 Meeting Type: Annual
Ticker: SHFL Meeting Date: 17-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MARK L. YOSELOFF Mgmt For For
2 GARRY W. SAUNDERS Mgmt For For
3 KEN ROBSON Mgmt For For
4 DON R. KORNSTEIN Mgmt For For
2 TO APPROVE THE SHUFFLE MASTER, INC. Mgmt Against Against
2004 EQUITY INCENTIVE PLAN.
3 TO APPROVE THE SHUFFLE MASTER, INC. Mgmt Against Against
2004 EQUITY INCENTIVE PLAN FOR NON-
EMPLOYEE DIRECTORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 48 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932103168
SPRINT CORPORATION
Security: 852061506 Meeting Type: Annual
Ticker: PCS Meeting Date: 20-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 GORDON M. BETHUNE Mgmt
2 E. LINN DRAPER, JR. Mgmt
3 DEBORAH A. HENRETTA Mgmt
4 LINDA KOCH LORIMER Mgmt
2 TO RATIFY APPOINTMENT OF KPMG LLP AS Mgmt
INDEPENDENT AUDITORS OF SPRINT FOR
2004
3 STOCKHOLDER PROPOSAL CONCERNING Shr
STOCK OPTION INDEXING
4 STOCKHOLDER PROPOSAL CONCERNING Shr
CEO PAY CAP
5 STOCKHOLDER PROPOSAL CONCERNING Shr
INDEPENDENT CHAIRMAN
6 STOCKHOLDER PROPOSAL CONCERNING Shr
REPORT ON OUTSOURCING OFF-SHORE
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 49 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932147110
STATION CASINOS, INC.
Security: 857689103 Meeting Type: Annual
Ticker: STN Meeting Date: 19-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 LORENZO J. FERTITTA Mgmt For For
2 BLAKE L. SARTINI Mgmt For For
3 JAMES E. NAVE, D.V.M. Mgmt For For
2 TO APPROVE THE COMPANY S SENIOR Mgmt For For
EXECUTIVE ANNUAL BONUS PLAN.
3 TO RATIFY THE APPOINTMENT OF ERNST & Mgmt For For
YOUNG LLP AS THE COMPANY S
INDEPENDENT AUDITORS FOR 2004.
4 TO VOTE IN THEIR DISCRETION ON SUCH Mgmt Against Against
OTHER BUSINESS AS MAY PROPERLY COME
BEFORE THE MEETING OR ANY
ADJOURNMENT THEREOF.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 50 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932102483
THE AES CORPORATION
Security: 00130H105 Meeting Type: Annual
Ticker: AES Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 RICHARD DARMAN Mgmt For For
2 ALICE F. EMERSON Mgmt For For
3 PAUL T. HANRAHAN Mgmt For For
4 KRISTINA M. JOHNSON Mgmt For For
5 JOHN A. KOSKINEN Mgmt For For
6 PHILIP LADER Mgmt For For
7 JOHN H. MCARTHUR Mgmt For For
8 SANDRA O. MOOSE Mgmt For For
9 PHILIP A. ODEEN Mgmt For For
10 CHARLES O. ROSSOTTI Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 51 of 54
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 SVEN SANDSTROM Mgmt For For
12 ROGER W. SANT Mgmt For For
2 RATIFICATION OF THE INDEPENDENT Mgmt For For
AUDITOR (DELOITTE & TOUCHE LLP)
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 52 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932109540
THE RYLAND GROUP, INC.
Security: 783764103 Meeting Type: Annual
Ticker: RYL Meeting Date: 21-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 MR. DREIER Mgmt For For
2 MR. BANE Mgmt For For
3 MS. FRECON Mgmt For For
4 MR. HERNANDEZ Mgmt For For
5 MR. JEWS Mgmt For For
6 MR. MANSOUR Mgmt For For
7 MR. MELLOR Mgmt For For
8 MR. METCALFE Mgmt For For
9 MS. ST. MARTIN Mgmt For For
10 MR. VARELLO Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 53 of 54
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
11 MR. WILSON Mgmt For For
2 APPROVAL OF THE RYLAND GROUP, INC. Mgmt Against Against
2004 NON-EMPLOYEE DIRECTOR EQUITY
PLAN.
3 CONSIDERATION OF A PROPOSAL FROM Shr Against For
CALVERT ASSET MANAGEMENT COMPANY (A
STOCKHOLDER) REGARDING THE
PREPARATION OF A GRI-BASED
SUSTAINABILITY REPORT.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 05-Aug-2004
Page: Page 54 of 54
Account Group: FBR Small Cap Fund Agenda Number: 932100201
TOLL BROTHERS, INC. TOLL BROTHERS INC
Security: 889478103 Meeting Type: Annual
Ticker: TOL Meeting Date: 18-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
1 DIRECTOR
1 ZVI BARZILAY Mgmt For For
2 EDWARD G. BOEHNE Mgmt For For
3 RICHARD J. BRAEMER Mgmt For For
4 CARL B. MARBACH Mgmt For For
2 THE APPROVAL OF ERNST & YOUNG LLP AS Mgmt For For
THE COMPANY S AUDITORS FOR THE 2004
FISCAL YEAR.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 1 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932131117
BENCHMARK ELECTRONICS, IN
Security: 08160H101 Meeting Type: Annual
Ticker: BHE Meeting Date: 11-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 DONALD E. NIGBOR Mgmt For For
2 CARY T. FU Mgmt For For
3 STEVEN A. BARTON Mgmt For For
4 JOHN W. COX Mgmt For For
5 JOHN C. CUSTER Mgmt For For
6 PETER G. DORFLINGER Mgmt For For
7 BERNEE D.L. STROM Mgmt For For
02 TO AMEND THE COMPANY S 2000 STOCK Mgmt For For
AWARDS PLAN TO INCREASE THE NUMBER
OF SHARES OF COMMON STOCK OF THE
COMPANY SUBJECT THERETO BY
4,500,000.
03 TO RATIFY THE APPOINTMENT OF KPMG LLP Mgmt For For
AS THE INDEPENDENT AUDITORS OF THE
COMPANY FOR THE YEAR ENDING DECEMBER
31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 2 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932095133
COHERENT, INC.
Security: 192479103 Meeting Type: Annual
Ticker: COHR Meeting Date: 25-Mar-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 BERNARD J. COUILLAUD Mgmt For For
2 HENRY E. GAUTHIER Mgmt For For
3 JOHN R. AMBROSEO Mgmt For For
4 CHARLES W. CANTONI Mgmt For For
5 JOHN H. HART Mgmt For For
6 ROBERT J. QUILLINAN Mgmt For For
7 LAWRENCE TOMLINSON Mgmt For For
8 FRANK P. CARRUBBA Mgmt For For
02 TO APPROVE AN AMENDMENT TO OUR 2001 Mgmt For For
STOCK PLAN TO INCREASE THE NUMBER OF
SHARES OF COMMON STOCK RESERVED FOR
ISSUANCE THEREUNDER BY 3,500,000
SHARES, FROM 2,800,000 SHARES TO
6,300,000 SHARES.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 3 of 33
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
03 TO AMEND OUR 2001 STOCK PLAN TO Mgmt For For
PROVIDE FOR THE GRANT OF STOCK
APPRECIATION RIGHTS, PERFORMANCE
SHARES, PERFORMANCE UNITS AND
DEFERRED STOCK UNITS IN ADDITION TO
OPTIONS TO PURCHASE SHARES OF OUR
COMMON STOCK.
04 TO RATIFY THE APPOINTMENT OF DELOITTE Mgmt For For
& TOUCHE LLP AS OUR INDEPENDENT
PUBLIC ACCOUNTANTS FOR THE FISCAL
YEAR ENDING OCTOBER 2, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 4 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932113448
CRAY INC.
Security: 225223106 Meeting Type: Annual
Ticker: CRAY Meeting Date: 12-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 DANIEL J. EVANS Mgmt For For
2 DANIEL C. REGIS Mgmt For For
02 APPROVAL OF AN AMENDMENT TO OUR Mgmt For For
RESTATED ARTICLES OF INCORPORATION
TO DECLASSIFY THE BOARD OF DIRECTORS
AND PROVIDE FOR THE ANNUAL ELECTION
OF ALL DIRECTORS.
03 APPROVAL OF AN AMENDMENT TO OUR Mgmt For For
RESTATED ARTICLES OF INCORPORATION
TO INCREASE THE NUMBER OF AUTHORIZED
SHARES OF COMMON STOCK TO
150,000,000 SHARES.
04 APPROVAL OF THE 2004 LONG-TERM Mgmt For For
EQUITY COMPENSATION PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 5 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932149253
EARTHLINK, INC.
Security: 270321102 Meeting Type: Annual
Ticker: ELNK Meeting Date: 25-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 LINWOOD A. LACY, JR. Mgmt For For
2 TERRELL B. JONES Mgmt For For
3 WILLIAM H. HARRIS, JR. Mgmt For For
4 THOMAS E. WHEELER Mgmt For For
02 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
ERNST & YOUNG LLP BY THE AUDIT
COMMITTEE OF THE BOARD OF DIRECTORS
TO SERVE AS COMPANY S INDEPENDENT
AUDITORS FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 6 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932132715
FILENET CORPORATION
Security: 316869106 Meeting Type: Annual
Ticker: FILE Meeting Date: 07-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 L. GEORGE KLAUS Mgmt For For
2 WILLIAM P. LYONS Mgmt For For
3 LEE D. ROBERTS Mgmt For For
4 JOHN C. SAVAGE Mgmt For For
5 ROGER S. SIBONI Mgmt For For
6 THEODORE J. SMITH Mgmt For For
02 TO APPROVE THE AMENDED AND RESTATED Mgmt For For
2002 INCENTIVE AWARD PLAN.
03 TO RATIFY THE APPOINTMENT OF DELOITTE Mgmt For For
& TOUCHE LLP AS THE INDEPENDENT
ACCOUNTANTS OF THE COMPANY FOR ITS
YEAR ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 7 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932134478
GATEWAY, INC.
Security: 367626108 Meeting Type: Annual
Ticker: GTW Meeting Date: 20-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 DOUGLAS L. LACEY Mgmt For For
2 WAYNE R. INOUYE Mgmt For For
02 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS GATEWAY S
INDEPENDENT ACCOUNTANTS.
03 STOCKHOLDER PROPOSAL TO REQUIRE Shr Against For
POLITICAL CONTRIBUTION DISCLOSURES.
04 STOCKHOLDER PROPOSAL TO REQUIRE A Shr Against For
MAJORITY VOTE FOR THE ELECTION OF
DIRECTORS.
05 STOCKHOLDER PROPOSAL SEEKING Shr Against For
BOARD DIVERSITY.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 8 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932152200
GSI LUMONICS INC.
Security: 36229U102 Meeting Type: Special
Ticker: GSLI Meeting Date: 20-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 THE RESOLUTION, IF PROPOSED AT THE Mgmt Against Against
MEETING, PERMITTING TWO (2) OR MORE
DIRECTOR NOMINEES TO BE ELECTED BY A
SINGLE RESOLUTION AND VOTE AS
OPPOSED TO ELECTING EACH DIRECTOR
NOMINEE BY WAY OF SEPARATE
RESOLUTION AND VOTE.
02 DIRECTOR
1 RICHARD B. BLACK Mgmt Withheld Against
2 PAUL F. FERRARI Mgmt For For
3 P.A. GRIFFITHS, PH.D. Mgmt For For
4 BYRON O. POND Mgmt Withheld Against
5 BENJAMIN J. VIRGILIO Mgmt Withheld Against
6 CHARLES D. WINSTON Mgmt For For
03 RATIFICATION OF SELECTION OF ERNST & Mgmt Against Against
YOUNG LLP AS AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 9 of 33
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
04 APPROVAL OF THE SECOND RESTATEMENT Mgmt Abstain Against
OF THE COMPANY S 1995 STOCK OPTION
PLAN TO ALLOW FOR THE GRANT OF
INCENTIVE STOCK OPTIONS, NON-
QUALIFIED STOCK OPTIONS, RESTRICTED
COMMON SHARES AND STOCK APPRECIATION
RIGHTS AND AN INCREASE OF 2,000,000
IN THE NUMBER OF COMMON SHARES FOR
WHICH AWARDS MAY BE GRANTED UNDER
THE RESTATED PLAN FROM 4,906,000 TO
6,906,000.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 10 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932105059
IMATION CORP.
Security: 45245A107 Meeting Type: Annual
Ticker: IMN Meeting Date: 05-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 GLEN A. TAYLOR Mgmt For For
2 DARYL J. WHITE Mgmt Withheld Against
02 RATIFICATION OF APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT AUDITORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 11 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932111141
INFORMATICA CORPORATION
Security: 45666Q102 Meeting Type: Annual
Ticker: INFA Meeting Date: 27-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 JANICE D. CHAFFIN Mgmt Withheld Against
2 CARL J. YANKOWSKI Mgmt Withheld Against
02 AMENDMENT OF INFORMATICA Mgmt Abstain Against
CORPORATION S 1999 NON-EMPLOYEE
DIRECTOR STOCK INCENTIVE PLAN AS
DESCRIBED IN THE ACCOMPANYING PROXY
STATEMENT.
03 RATIFICATION OF APPOINTMENT OF ERNST Mgmt Against Against
& YOUNG LLP AS INDEPENDENT AUDITORS
OF INFORMATICA CORPORATION FOR THE
YEAR ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 12 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932141207
INTERGRAPH CORPORATION
Security: 458683109 Meeting Type: Annual
Ticker: INGR Meeting Date: 13-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 SIDNEY L. MCDONALD Mgmt
2 R. HALSEY WISE Mgmt
3 LARRY J. LASTER Mgmt
4 THOMAS J. LEE Mgmt
5 LAWRENCE R. GREENWOOD Mgmt
6 LINDA L. GREEN Mgmt
7 RICHARD W. CARDIN Mgmt
8 MICHAEL D. BILLS Mgmt
02 PROPOSAL TO CONSIDER AND APPROVE Mgmt
THE INTERGRAPH CORPORATION 2004
EQUITY INCENTIVE PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 13 of 33
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
03 PROPOSAL TO CONSIDER AND APPROVE Mgmt
THE AMENDED AND RESTATED INTERGRAPH
CORPORATION 1997 STOCK OPTION PLAN.
04 PROPOSAL TO CONSIDER AND APPROVE Mgmt
THE SECOND AMENDED AND RESTATED
INTERGRAPH CORPORATION 2002 STOCK
OPTION PLAN.
05 PROPOSAL TO CONSIDER AND APPROVE Mgmt
THE AMENDED AND RESTATED INTERGRAPH
CORPORATION NONEMPLOYEE DIRECTOR
STOCK OPTION PLAN.
06 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt
OF ERNST & YOUNG LLP AS THE COMPANY S
INDEPENDENT AUDITORS FOR THE
CURRENT FISCAL YEAR.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 14 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932157224
INTERNET SECURITY SYSTEMS
Security: 46060X107 Meeting Type: Annual
Ticker: ISSX Meeting Date: 24-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 ROBERT E. DAVOLI Mgmt For For
2 CHRISTOPHER W. KLAUS Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 15 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932164027
MANHATTAN ASSOCIATES, INC
Security: 562750109 Meeting Type: Annual
Ticker: MANH Meeting Date: 21-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 JOHN J. HUNTZ, JR. Mgmt For For
2 THOMAS E. NOONAN Mgmt For For
02 APPROVAL OF THE APPOINTMENT OF Mgmt For For
ERNST & YOUNG LLP AS INDEPENDENT
AUDITORS OF THE COMPANY FOR THE
FISCAL YEAR ENDING DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 16 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932120429
MYKROLIS CORPORATION
Security: 62852P103 Meeting Type: Annual
Ticker: MYK Meeting Date: 28-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 RICHARD A. AURELIO Mgmt
2 ROBERT E. CALDWELL Mgmt
3 MICHAEL P.C. CAMS Mgmt
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 17 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932116646
NATIONAL PROCESSING, INC.
Security: 637229105 Meeting Type: Annual
Ticker: NAP Meeting Date: 05-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 A. GONZALEZ-BAZ Mgmt For For
2 J.L. GORNEY Mgmt For For
3 P.B. HELLER Mgmt For For
02 THE RATIFICATION OF THE AUDIT Mgmt For For
COMMITTEE S SELECTION OF ERNST &
YOUNG LLP AS INDEPENDENT AUDITOR
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 18 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932117888
PEROT SYSTEMS CORPORATION
Security: 714265105 Meeting Type: Annual
Ticker: PER Meeting Date: 12-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 ROSS PEROT Mgmt For For
2 ROSS PEROT, JR. Mgmt For For
3 STEVE BLASNIK Mgmt For For
4 JOHN S.T. GALLAGHER Mgmt For For
5 CARL HAHN Mgmt For For
6 DESOTO JORDAN Mgmt For For
7 THOMAS MEURER Mgmt For For
8 CECIL H (C.H.) MOORE JR Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 19 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932153733
POLYCOM, INC.
Security: 73172K104 Meeting Type: Annual
Ticker: PLCM Meeting Date: 02-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 BETSY S. ATKINS Mgmt For For
2 JOHN SEELY BROWN Mgmt For For
3 ROBERT C. HAGERTY Mgmt For For
4 JOHN A. KELLEY Mgmt For For
5 MICHAEL R. KOUREY Mgmt For For
6 STANLEY J. MERESMAN Mgmt For For
7 WILLIAM A. OWENS Mgmt For For
8 DURK I. JAGER Mgmt For For
9 THOMAS G. STEMBERG Mgmt For For
02 TO APPROVE THE 2004 EQUITY INCENTIVE Mgmt For For
PLAN.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 20 of 33
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
03 TO RATIFY THE APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT ACCOUNTANTS FOR THE
COMPANY FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 21 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932117701
POWER-ONE, INC.
Security: 739308104 Meeting Type: Annual
Ticker: PWER Meeting Date: 04-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 STEVEN J. GOLDMAN* Mgmt For For
2 JAY WALTERS* Mgmt For For
3 JON E.M. JACOBY** Mgmt For For
4 MARK MELLIAR-SMITH** Mgmt For For
02 PROPOSAL TO APPROVE THE ADOPTION OF Mgmt For For
THE POWER-ONE 2004 STOCK INCENTIVE
PLAN.
03 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt For For
OF DELOITTE & TOUCHE LLP AS THE
INDEPENDENT AUDITORS FOR THE
COMPANY.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 22 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932110858
PROGRESS SOFTWARE CORPORA
Security: 743312100 Meeting Type: Annual
Ticker: PRGS Meeting Date: 22-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 TO FIX THE NUMBER OF DIRECTORS Mgmt Against Against
CONSTITUTING THE FULL BOARD OF
DIRECTORS OF THE COMPANY AT SIX.
02 DIRECTOR
1 JOSEPH W. ALSOP Mgmt For For
2 LARRY R. HARRIS Mgmt For For
3 ROGER J. HEINEN, JR. Mgmt Withheld Against
4 MICHAEL L. MARK Mgmt Withheld Against
5 SCOTT A. MCGREGOR Mgmt For For
6 AMRAN RASIEL Mgmt Withheld Against
03 TO APPROVE AN AMENDMENT TO THE Mgmt Abstain Against
COMPANY S 1991 EMPLOYEE STOCK
PURCHASE PLAN, AS AMENDED, TO
INCREASE THE MAXIMUM NUMBER OF
SHARES THAT MAY BE ISSUED UNDER SUCH
PLAN FROM 2,300,000 SHARES TO
3,200,000 SHARES.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 23 of 33
Account Group: FBR SMALL CAP TECHNOLOGY GROUP Agenda Number: 932118119
ROGERS CORPORATION
Security: 775133101 Meeting Type: Annual
Ticker: ROG Meeting Date: 29-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 TO FIX THE NUMBER OF PERSONS Mgmt For For
CONSTITUTING THE FULL BOARD OF
DIRECTORS AT NINE.
02 DIRECTOR
1 LEONARD M. BAKER Mgmt For For
2 WALTER E. BOOMER Mgmt For For
3 EDWARD L. DIEFENTHAL Mgmt For For
4 GREGORY B. HOWEY Mgmt For For
5 LEONARD R. JASKOL Mgmt For For
6 EILEEN S. KRAUS Mgmt For For
7 WILLIAM E. MITCHELL Mgmt For For
8 ROBERT G. PAUL Mgmt For For
9 ROBERT D. WACHOB Mgmt For For
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 24 of 33
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
03 TO RATIFY THE APPOINTMENT OF ERNST & Mgmt For For
YOUNG LLP AS ROGERS CORPORATION S
INDEPENDENT AUDITORS FOR THE FISCAL
YEAR ENDING JANUARY 2, 2005.
04 TO AMEND THE SECOND SENTENCE OF Mgmt For For
ARTICLE II, SECTION 2 OF THE BY-LAWS
TO EXTEND THE RETIREMENT AGE OF
DIRECTORS FROM THE AGE OF SEVENTY TO
THE AGE OF SEVENTY-TWO.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 25 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932125823
SYBASE, INC.
Security: 871130100 Meeting Type: Annual
Ticker: SY Meeting Date: 27-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 CECILIA CLAUDIO Mgmt For For
2 L. WILLIAM KRAUSE Mgmt Withheld Against
3 ROBERT P. WAYMAN Mgmt For For
02 ADOPTION OF THE SYBASE, INC. AMENDED Mgmt For For
AND RESTATED 2003 STOCK PLAN
03 RATIFICATION OF ERNST & YOUNG LLP AS Mgmt For For
INDEPENDENT AUDITORS FOR 2004
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 26 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932118020
TECHNITROL, INC.
Security: 878555101 Meeting Type: Annual
Ticker: TNL Meeting Date: 19-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 DAVID H. HOFMANN Mgmt For For
2 EDWARD M. MAZZE Mgmt Withheld Against
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 27 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932105465
TIBCO SOFTWARE INC.
Security: 88632Q103 Meeting Type: Annual
Ticker: TIBX Meeting Date: 15-Apr-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 VIVEK Y. RANADIVE Mgmt For For
2 NAREN GUPTA Mgmt Withheld Against
3 PETER JOB Mgmt For For
4 WILLIAM A. OWENS Mgmt Withheld Against
5 PHILIP K. WOOD Mgmt Withheld Against
6 ERIC DUNN Mgmt For For
02 TO RATIFY THE APPOINTMENT OF Mgmt Against Against
PRICEWATERHOUSECOOPERS LLP AS TIBCO S
INDEPENDENT PUBLIC ACCOUNTANTS FOR
THE FISCAL YEAR ENDING NOVEMBER 30,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 28 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932140178
UNITED ONLINE, INC.
Security: 911268100 Meeting Type: Annual
Ticker: UNTD Meeting Date: 06-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 ROBERT BERGLASS Mgmt
2 KENNETH L. COLEMAN Mgmt
02 TO RATIFY THE APPOINTMENT OF Mgmt
PRICEWATERHOUSECOOPERS LLP AS
INDEPENDENT AUDITORS OF
UNITED ONLINE, INC. FOR THE
FISCAL YEAR ENDING DECEMBER
31, 2004.
03 IN ACCORDANCE WITH THE DISCRETION OF Mgmt
THE PROXY HOLDERS, TO ACT UPON ALL
MATTERS INCIDENT TO THE CONDUCT OF
THE MEETING AND UPON OTHER MATTERS
AS MAY PROPERLY COME BEFORE THE
MEETING.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 29 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932154557
VIGNETTE CORPORATION
Security: 926734104 Meeting Type: Annual
Ticker: VIGN Meeting Date: 21-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 THOMAS E. HOGAN Mgmt For For
2 MICHAEL D. LAMBERT Mgmt For For
02 TO RATIFY THE APPOINTMENT OF ERNST & Mgmt For For
YOUNG LLP AS THE COMPANY S
INDEPENDENT PUBLIC ACCOUNTANTS FOR
THE FISCAL YEAR ENDING DECEMBER 31,
2004.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 30 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932154064
CREDENCE SYSTEMS CORPORAT
Security: 225302108 Meeting Type: Special
Ticker: CMOS Meeting Date: 27-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 TO APPROVE THE ISSUANCE OF Mgmt For For
SECURITIES OF THE COMPANY PURSUANT
TO THE AGREEMENT AND PLAN OF
REORGANIZATION DATED AS OF FEBRUARY
22, 2004, BY AND AMONG THE COMPANY,
CATALINE CORPORATION AND NPTEST
HOLDING CORPORATION.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 31 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932192141
GAMESTOP CORP.
Security: 36466R101 Meeting Type: Annual
Ticker: GME Meeting Date: 29-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 R. RICHARD FONTAINE Mgmt For For
2 STEPHANIE M. SHERN Mgmt For For
02 PROPOSAL TO RATIFY THE APPOINTMENT Mgmt For For
OF BDO SEIDMAN LLP AS THE
INDEPENDENT AUDITORS OF THE COMPANY
FOR THE FISCAL YEAR ENDING JANUARY
29, 2005.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 32 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932137094
STORAGE TECHNOLOGY CORPOR
Security: 862111200 Meeting Type: Annual
Ticker: STK Meeting Date: 20-May-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 JAMES R. ADAMS Mgmt For For
2 CHARLES E. FOSTER Mgmt Withheld Against
3 MERCEDES JOHNSON Mgmt For For
4 WILLIAM T. KERR Mgmt Withheld Against
5 ROBERT E. LEE Mgmt Withheld Against
6 PATRICK J. MARTIN Mgmt For For
7 JUDY C. ODOM Mgmt For For
02 APPROVAL OF THE 2004 LONG TERM Mgmt Against Against
INCENTIVE PLAN.
03 APPROVAL OF THE 2004 PERFORMANCE- Mgmt Against Against
BASED INCENTIVE BONUS PLAN.
04 APPROVAL OF A STOCKHOLDER PROPOSAL Shr Against For
REGARDING CUMULATIVE VOTING FOR THE
ELECTION OF DIRECTORS.
Investment Company Report
Meeting Date Range: 01-Jul-2003 - 30-Jun-2004 Report Date: 11-Aug-2004
Page: Page 33 of 33
Account Group: FBR Small Cap Technology Fund Agenda Number: 932185312
WIRELESS FACILITIES, INC.
Security: 97653A103 Meeting Type: Annual
Ticker: WFII Meeting Date: 15-Jun-04
ISIN:
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
- -------------------------------------------------------------------------------
01 DIRECTOR
1 MASOOD K. TAYEBI, PH.D. Mgmt For For
2 SCOTT ANDERSON Mgmt For For
3 BANDEL CARANO Mgmt For For
4 ERIC M. DEMARCO Mgmt For For
5 WILLIAM HOGLUND Mgmt For For
6 SCOT JARVIS Mgmt For For
7 WILLIAM OWENS Mgmt For For
02 TO INCREASE THE MAXIMUM AGGREGATE Mgmt For For
NUMBER OF SHARES THAT MAY BE ISSUED
UNDER THE EMPLOYEE STOCK PURCHASE
PLAN BY 1,000,000 SHARES.
03 TO RATIFY THE SELECTION OF KPMG LLP Mgmt For For
AS INDEPENDENT AUDITORS OF THE
COMPANY FOR ITS FISCAL YEAR ENDING
DECEMBER 31, 2004.
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
(Registrant) The FBR Funds
By (Signature) /S/ Susan L. Silva
------------------------------
Name Susan L. Silva
Title Treasurer
Date 08-31-2004