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                                  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 :       811-06628

Name of Registrant:     The Yacktman Funds, Inc.

Address of Principal Executive Offices:
                        6300 Bridgepoint Parkway
                        Building One, Suite 320
                        Austin, Texas 78730

Name and address of agent of service:
                        Yacktman Asset Management Co.
                        The Yacktman Funds, Inc.
                        6300 Bridgepoint Parkway
                        Building One, Suite 320
                        Austin, Texas 78730

Registrant's telephone number including area code:
                        512-767-6700

Date of fiscal year end:
                        12/31/2006

Date of Reporting Period:
                        07/01/2005 - 06/30/2006


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Item 1: Proxy Voting Record - Yacktman Fund

Registrant: The Yacktman Funds, Inc.


Altria Group                             Ticker     Security ID:                 Meeting Date            Meeting Status
                                         MO         CUSIP9 02209S103             04/27/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Elizabeth Bailey                  Mgmt        For         For         For
                                  1.2    Elect Harold Brown                      Mgmt        For         For         For
                                  1.3    Elect Mathis Cabiallavetta              Mgmt        For         For         For
                                  1.4    Elect Louis Camilleri                   Mgmt        For         For         For
                                  1.5    Elect J.Dudley Fishburn                 Mgmt        For         For         For
                                  1.6    Elect Robert Huntley                    Mgmt        For         For         For
                                  1.7    Elect Thomas Jones                      Mgmt        For         For         For
                                  1.8    Elect George Munoz                      Mgmt        For         For         For
                                  1.9    Elect Lucio Noto                        Mgmt        For         For         For
                                  1.10   Elect John Reed                         Mgmt        For         For         For
                                  1.11   Elect Stephen Wolf                      Mgmt        For         For         For
                                  2      RATIFICATION OF THE                     Mgmt        For         For         For
                                         SELECTION OF INDEPENDENT
                                         AUDITORS
                                  3      STOCKHOLDER PROPOSAL 1 -                ShrHoldr    Against     Against     For
                                         REQUESTING INDEPENDENT
                                         BOARD CHAIRMAN


                                  4      Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         Global Human Rights Standards

                                  5      Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         African American Health Hazards

                                  6      Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         Extending New York Fire-Safe
                                         Products Globally

                                  7      STOCKHOLDER PROPOSAL 5 -                ShrHoldr    Against     Against     For
                                         REQUESTING ADOPTION OF
                                         ANIMAL WELFARE POLICY


                                  8      Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         Medical Efforts To Dissuade
                                         Secondhand Smoke

                                  9      Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         Medical Efforts To Dissuade
                                         Secondhand Smoke

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Anheuser-Busch Companies Inc             Ticker     Security ID:                 Meeting Date            Meeting Status
                                         BUD        CUSIP9 035229103             04/26/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect James Forese                      Mgmt        For         For         For
                                  1.2    Elect Vernon Loucks, Jr.                Mgmt        For         For         For
                                  1.3    Elect Vilma Martinez                    Mgmt        For         For         For
                                  1.4    Elect William Payne                     Mgmt        For         For         For
                                  1.5    Elect Edward Whitacre, Jr.              Mgmt        For         For         For
                                  2      AMENDMENT OF THE RESTATED               Mgmt        For         For         For
                                         CERTIFICATE OF
                                         INCORPORATION
                                  3      APPROVAL OF 2006                        Mgmt        For         For         For
                                         RESTRICTED STOCK PLAN FOR
                                         NON-EMPLOYEE DIRECTORS

                                  4      APPROVAL OF INDEPENDENT                 Mgmt        For         For         For
                                         REGISTERED PUBLIC
                                         ACCOUNTING FIRM

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Bristol Myers Squibb Company             Ticker     Security ID:                 Meeting Date            Meeting Status
                                         BMY        CUSIP9 110122108             05/02/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Robert Allen                      Mgmt        For         Withhold    Against
                                  1.2    Elect Lewis Campbell                    Mgmt        For         For         For
                                  1.3    Elect Vance Coffman                     Mgmt        For         Withhold    Against
                                  1.4    Elect James Cornelius                   Mgmt        For         For         For
                                  1.5    Elect Peter Dolan                       Mgmt        For         For         For
                                  1.6    Elect Louis Freeh                       Mgmt        For         For         For
                                  1.7    Elect Laurie Glimcher                   Mgmt        For         Withhold    Against
                                  1.8    Elect Leif Johansson                    Mgmt        For         Withhold    Against
                                  1.9    Elect James Robinson III                Mgmt        For         For         For
                                  2      RATIFICATION OF INDEPENDENT             Mgmt        For         For         For
                                         REGISTERED PUBLIC
                                         ACCOUNTING FIRM

                                  3      EXECUTIVE COMPENSATION                  ShrHoldr    Against     Against     For
                                         DISCLOSURE

                                  4      CUMULATIVE VOTING                       ShrHoldr    Against     For         Against
                                  5      RECOUPMENT                              ShrHoldr    Against     Against     For
                                  6      ANIMAL TREATMENT                        ShrHoldr    Against     Against     For
                                  7      TERM LIMITS                             ShrHoldr    Against     Against     For

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CADBURY SCHWEPPES PLC - ADR              Ticker     Security ID:                 Meeting Date            Meeting Status
                                         CSG        CUSIP9 127209302             05/18/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1      FINANCIAL STATEMENTS                    Mgmt        For         For         For
                                  2      DECLARATION OF FINAL                    Mgmt        For         For         For
                                         DIVIDEND 2005
                                  3      DIRECTORS REMUNERATION                  Mgmt        For         For         For
                                         REPORT
                                  4.1    Elect Roger Carr                        Mgmt        For         For         For
                                  4.2    Elect Ken Hanna                         Mgmt        For         For         For
                                  4.3    Elect Todd Stitzer                      Mgmt        For         For         For
                                  4.4    Elect Lord Patten                       Mgmt        For         For         For
                                  4.5    Elect Baroness Wilcox                   Mgmt        For         For         For
                                  5      RE-APPOINTMENT OF AUDITORS              Mgmt        For         For         For

                                  6      REMUNERATION OF AUDITORS                Mgmt        For         For         For

                                  7      APPROVE PROPOSED                        Mgmt        For         For         For
                                         AMENDMENTS TO THE
                                         INTERNATIONAL SHARE AWARD PLAN
                                  8      APPROVE PROPOSED                        Mgmt        For         For         For
                                         AMENDMENTS TO THE 2004
                                         LONG TERM INCENTIVE PLAN

                                  9      AUTHORITY TO ALLOT                      Mgmt        For         For         For
                                         RELEVANT SECURITIES
                                  10     AUTHORITY TO DISAPPLY PRE               Mgmt        For         For         For
                                         EMPTION RIGHTS
                                  11     AUTHORITY TO PURCHASE OWN               Mgmt        For         For         For
                                         ORDINARY SHARES

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Cardinal Health, Inc                     Ticker     Security ID:                 Meeting Date            Meeting Status
                                         CAH        CUSIP9 14149Y108             11/02/2005              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect J. Michael Losh                   Mgmt        For         For         For
                                  1.2    Elect John B. McCoy                     Mgmt        For         Withhold    Against
                                  1.3    Elect Michael D. O'Halleran             Mgmt        For         For         For
                                  1.4    Elect Jean G. Spaulding                 Mgmt        For         Withhold    Against
                                  1.5    Elect Matthew D. Walter                 Mgmt        For         For         For
                                  2      Adopt the 2005 Long Term Incentive      Mgmt        For         For         For
                                         Plan
                                  3      Repeal classified board                 Mgmt        For         For         For

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Coca Cola Company                        Ticker     Security ID:                 Meeting Date            Meeting Status
                                         KO         CUSIP9 191216100             04/19/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Herbert Allen                     Mgmt        For         For         For
                                  1.2    Elect Ronald Allen                      Mgmt        For         For         For
                                  1.3    Elect Cathleen Black                    Mgmt        For         For         For
                                  1.4    Elect Barry Diller                      Mgmt        For         For         For
                                  1.5    Elect E. Neville Isdell                 Mgmt        For         For         For
                                  1.6    Elect Donald R. Keough                  Mgmt        For         For         For
                                  1.7    Elect Donald McHenry                    Mgmt        For         For         For
                                  1.8    Elect Sam Nunn                          Mgmt        For         Withhold    Against
                                  1.9    Elect James Robinson III                Mgmt        For         For         For
                                  1.10   Elect Peter Ueberroth                   Mgmt        For         For         For
                                  1.11   Elect James Williams                    Mgmt        For         For         For
                                  2      Ratification of Auditor                 Mgmt        For         For         For
                                  3      Amendment to 1989 Restricted            Mgmt        For         For         For
                                         Stock Award Plan
                                  4      SHAREOWNER PROPOSAL                     ShrHoldr    Against     Against     For
                                         REGARDING CHARITABLE
                                         CONTRIBUTIONS

                                  5      Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         Reviewing Energy Efficiency &
                                         Renewables
                                  6      SHAREOWNER PROPOSAL                     ShrHoldr    Against     Against     For
                                         REGARDING RESTRICTED
                                         STOCK
                                  7      SHAREOWNER PROPOSAL                     ShrHoldr    Against     Against     For
                                         REGARDING ENVIRONMENTAL
                                         IMPACTS OF OPERATIONS IN
                                         INDIA
                                  8      Shareholder Proposal Regarding an       ShrHoldr    Against     Against     For
                                         Independent Delegtion of Inquiry to
                                         Columbia

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Colgate-Palmolive Company                Ticker     Security ID:                 Meeting Date            Meeting Status
                                         CL         CUSIP9 194162103             05/04/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect John Cahill                       Mgmt        For         For         For
                                  1.2    Elect Jill Conway                       Mgmt        For         For         For
                                  1.3    Elect Ellen Hancock                     Mgmt        For         For         For
                                  1.4    Elect David Johnson                     Mgmt        For         For         For
                                  1.5    Elect Richard Kogan                     Mgmt        For         For         For
                                  1.6    Elect Delano Lewis                      Mgmt        For         For         For
                                  1.7    Elect Reuben Mark                       Mgmt        For         For         For
                                  1.8    Elect J. Pedro Reinhard                 Mgmt        For         For         For
                                  1.9    Elect Howard Wentz, Jr.                 Mgmt        For         For         For
                                  2      Ratification of Auditor                 Mgmt        For         For         For
                                  3      APPROVAL OF THE COMPANY S               Mgmt        For         For         For
                                         2007 STOCK PLAN FOR NON
                                         EMPLOYEE DIRECTORS

                                  4      STOCKHOLDER PROPOSAL ON                 ShrHoldr    Against     Against     For
                                         INDEPENDENT CHAIRMAN

                                  5      STOCKHOLDER PROPOSAL ON                 ShrHoldr    Against     Against     For
                                         EXECUTIVE COMPENSATION

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Discovery Holding Company                Ticker     Security ID:                 Meeting Date            Meeting Status
                                         DISCA      CUSIP9 25468Y107             05/31/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect J. David Wargo                    Mgmt        For         Withhold    Against
                                  2      INCENTIVE PLAN                          Mgmt        For         For         For
                                  3      AUDITORS RATIFICATION                   Mgmt        For         For         For

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Electronic Data Systems Corp.            Ticker     Security ID:                 Meeting Date            Meeting Status
                                         EDS        CUSIP9 285661104             04/18/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect W. Roy Dunbar                     Mgmt        For         For         For
                                  1.2    Elect Roger Enrico                      Mgmt        For         For         For
                                  1.3    Elect S. Malcolm Gillis                 Mgmt        For         For         For
                                  1.4    Elect Ray Groves                        Mgmt        For         For         For
                                  1.5    Elect Ellen Hancock                     Mgmt        For         For         For
                                  1.6    Elect Jeffrey Heller                    Mgmt        For         For         For
                                  1.7    Elect Ray Hunt                          Mgmt        For         For         For
                                  1.8    Elect Michael Jordan                    Mgmt        For         For         For
                                  1.9    Elect Edward A. Kangas                  Mgmt        For         For         For
                                  1.10   Elect R. David Yost                     Mgmt        For         For         For
                                  2      RATIFICATION OF APPOINTMENT             Mgmt        For         For         For
                                         OF AUDITORS.

                                  3      SHAREHOLDER PROPOSAL                    ShrHoldr    Against     For         Against
                                         ENTITLED DIRECTORS TO BE
                                         ELECTED BY MAJORITY VOTE .

                                  4      SHAREHOLDER PROPOSAL                    ShrHoldr    Against     Against     For
                                         ENTITLED INDEPENDENT
                                         BOARD CHAIRMAN .

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Federal Home Loan Mortgage Corp          Ticker     Security ID:                 Meeting Date            Meeting Status
                                         FRE        313400301                    07/15/2005              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Barbara T. Alexander              Mgmt        For         For         For
                                  1.2    Elect Geoffrey T. Boisi                 Mgmt        For         For         For
                                  1.3    Elect Joan E. Donoghue                  Mgmt        For         For         For
                                  1.4    Elect Michelle Engler                   Mgmt        For         For         For
                                  1.5    Elect Richard Karl Goeltz               Mgmt        For         For         For
                                  1.6    Elect Thomas S. Johnson                 Mgmt        For         Withhold    Against
                                  1.7    Elect William M. Lewis Jr               Mgmt        For         For         For
                                  1.8    Elect Eugene M. McQuade                 Mgmt        For         For         For
                                  1.9    Elect Shaun F. O'Malley                 Mgmt        For         Withhold    Against
                                  1.10   Elect Ronald F. Poe                     Mgmt        For         For         For
                                  1.11   Elect Stephen A. Ross                   Mgmt        For         Withhold    Against
                                  1.12   Elect Richard F. Syron                  Mgmt        For         For         For
                                  1.13   Elect William J. Turner                 Mgmt        For         Withhold    Against
                                  2      Ratify selection of auditors            Mgmt        For         For         For

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First Data Corp.                         Ticker     Security ID:                 Meeting Date            Meeting Status
                                         FDC        CUSIP9 319963104             05/10/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Daniel Burnham                    Mgmt        For         Withhold    Against
                                  1.2    Elect Jack Greenberg                    Mgmt        For         For         For
                                  1.3    Elect Courtney Jones                    Mgmt        For         For         For
                                  1.4    Elect Charles Russell                   Mgmt        For         Withhold    Against
                                  2      THE RATIFICATION OF THE                 Mgmt        For         For         For
                                         ELECTION OF DAVID A.
                                         COULTER AS A DIRECTOR.
                                  3      THE RATIFICATION OF THE                 Mgmt        For         For         For
                                         ELECTION OF HENRY C.
                                         DUQUES AS A DIRECTOR.
                                  4      THE RATIFICATION OF THE                 Mgmt        For         For         For
                                         ELECTION OF PETER B.
                                         ELLWOOD AS A DIRECTOR.

                                  5      Ratification of Auditor                 Mgmt        For         For         For

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Interpublic Group Companies Inc          Ticker     Security ID:               Meeting Date              Meeting Status
                                         IPG        CUSIP9 460690100           05/25/2006                Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Frank Borelli                     Mgmt        For         Withhold    Against
                                  1.2    Elect Reginald Brack                    Mgmt        For         Withhold    Against
                                  1.3    Elect Jill Considine                    Mgmt        For         Withhold    Against
                                  1.4    Elect Richard Goldstein                 Mgmt        For         For         For
                                  1.5    Elect H. John Greeniaus                 Mgmt        For         Withhold    Against
                                  1.6    Elect Michael Roth                      Mgmt        For         For         For
                                  1.7    Elect J. Phillip Samper                 Mgmt        For         Withhold    Against
                                  1.8    Elect David Thomas                      Mgmt        For         For         For
                                  2      2006 Performance Incentive Plan         Mgmt        For         For         For

                                  3      Ratification of Auditor                 Mgmt        For         Against     Against
                                  4      APPROVAL OF PROPOSED                    ShrHoldr    Against     Against     For
                                         STOCKHOLDER PROPOSAL ON
                                         SEPARATION OF CHAIRMAN AND
                                         CEO

                                  5      Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         the Recoupment of Unearned
                                         Management Bonuses

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Johnson & Johnson                        Ticker     Security ID:                 Meeting Date            Meeting Status
                                         JNJ        CUSIP9 478160104             04/27/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Mary Coleman                      Mgmt        For         For         For
                                  1.2    Elect James Cullen                      Mgmt        For         For         For
                                  1.3    Elect Robert Daretta                    Mgmt        For         For         For
                                  1.4    Elect Michael Johns                     Mgmt        For         For         For
                                  1.5    Elect Ann Jordan                        Mgmt        For         For         For
                                  1.6    Elect Arnold Langbo                     Mgmt        For         For         For
                                  1.7    Elect Susan Lindquist                   Mgmt        For         For         For
                                  1.8    Elect Leo Mullin                        Mgmt        For         For         For
                                  1.9    Elect Christine Poon                    Mgmt        For         For         For
                                  1.10   Elect Charles Prince                    Mgmt        For         For         For
                                  1.11   Elect Steven Reinemund                  Mgmt        For         For         For
                                  1.12   Elect David Satcher, M.D., Ph.D.        Mgmt        For         For         For

                                  1.13   Elect William Weldon                    Mgmt        For         For         For
                                  2      APPROVAL OF AMENDMENTS TO               Mgmt        For         For         For
                                         THE RESTATED CERTIFICATE OF
                                         INCORPORATION

                                  3      Ratification of Auditor                 Mgmt        For         For         For
                                  4      PROPOSAL ON CHARITABLE                  ShrHoldr    Against     Against     For
                                         CONTRIBUTIONS

                                  5      PROPOSAL ON MAJORITY                    ShrHoldr    Against     For         Against
                                         VOTING REQUIREMENTS FOR
                                         DIRECTOR NOMINEES

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Kraft Foods Inc                          Ticker     Security ID:                 Meeting Date            Meeting Status
                                         KFT        CUSIP9 50075N104             04/25/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Jan Bennink                       Mgmt        For         For         For
                                  1.2    Elect Louis Camilleri                   Mgmt        For         For         For
                                  1.3    Elect Roger K. Deromedi                 Mgmt        For         For         For
                                  1.4    Elect Dinyar Devitre                    Mgmt        For         For         For
                                  1.5    Elect Richard Lerner                    Mgmt        For         For         For
                                  1.6    Elect John Pope                         Mgmt        For         For         For
                                  1.7    Elect Mary Schapiro                     Mgmt        For         For         For
                                  1.8    Elect Charles Wall                      Mgmt        For         For         For
                                  1.9    Elect Deborah C. Wright                 Mgmt        For         For         For
                                  2      RATIFICATION OF THE                     Mgmt        For         For         For
                                         SELECTION OF INDEPENDENT
                                         AUDITORS
                                  3      APPROVAL OF THE 2006 STOCK              Mgmt        For         For         For
                                         COMPENSATION PLAN FOR NON
                                         EMPLOYEE DIRECTORS

                                  4      DISSOCIATION FROM THE 2006              ShrHoldr    Against     Against     For
                                         AND ALL FUTURE SO-CALLED
                                         GAY GAMES

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Lancaster Colony Corp                    Ticker     Security ID:                 Meeting Date            Meeting Status
                                         LANC       513847103                    11/21/2005              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Robert L. Fox                     Mgmt        For         For         For
                                  1.2    Elect John B. Gerlach Jr.               Mgmt        For         For         For
                                  1.3    Elect Edward H. Jennings                Mgmt        For         For         For
                                  2      Adopt the 2005 Stock Plan               Mgmt        For         For         For

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Liberty Media Corp.                      Ticker     Security ID:                 Meeting Date            Meeting Status
                                         L          CUSIP9 530718105             05/09/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt

                                  1      THE MERGER PROPOSAL: (SEE               Mgmt        For         For         For
                                         PAGE 39 OF THE PROXY
                                         STATEMENT).
                                  2      THE TRACKING STOCK                      Mgmt        For         For         For
                                         PROPOSAL: (SEE PAGE 39 OF
                                         THE PROXY STATEMENT).

                                  3      THE OPTIONAL CONVERSION                 Mgmt        For         For         For
                                         PROPOSAL: (SEE PAGE 39 OF
                                         THE PROXY STATEMENT).

                                  4      THE OPTIONAL REDEMPTION                 Mgmt        For         For         For
                                         PROPOSAL: (SEE PAGE 40 OF
                                         THE PROXY STATEMENT).

                                  5      THE GROUP DISPOSITION                   Mgmt        For         For         For
                                         PROPOSAL: (SEE PAGE 40 OF
                                         THE PROXY STATEMENT).

                                  6.1    Elect Donne Fisher                      Mgmt        For         For         For
                                  6.2    Elect Gregory Maffei                    Mgmt        For         For         For
                                  6.3    Elect M. LaVoy Robison                  Mgmt        For         For         For
                                  7      AUDITORS RATIFICATION                   Mgmt        For         For         For
                                         PROPOSAL

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Marsh & McLennan Companies               Ticker     Security ID:                 Meeting Date            Meeting Status
                                         MMC        CUSIP9 571748102             05/18/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Leslie Baker                      Mgmt        For         For         For
                                  1.2    Elect Gwendolyn King                    Mgmt        For         For         For
                                  1.3    Elect Marc Oken                         Mgmt        For         For         For
                                  1.4    Elect David Olsen                       Mgmt        For         For         For
                                  2      RATIFICATION OF SELECTION               Mgmt        For         For         For
                                         OF INDEPENDENT REGISTERED PUBLIC
                                         ACCOUNTING FIRM

                                  3      STOCKHOLDER PROPOSAL:                   ShrHoldr    Against     For         Against
                                         DIRECTOR ELECTION VOTING
                                         STANDARD

                                  4      STOCKHOLDER PROPOSAL:                   ShrHoldr    Against     Against     For
                                         POLITICAL CONTRIBUTION
                                         DISCLOSURE

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MBIA Inc                                 Ticker     Security ID:                 Meeting Date            Meeting Status
                                         MBI        CUSIP9 55262C100             05/04/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Joseph Brown                      Mgmt        For         Withhold    Against
                                  1.2    Elect C. Edward Chaplin                 Mgmt        For         Withhold    Against
                                  1.3    Elect David Clapp                       Mgmt        For         Withhold    Against
                                  1.4    Elect Gary Dunton                       Mgmt        For         Withhold    Against
                                  1.5    Elect Claire Gaudiani                   Mgmt        For         For         For
                                  1.6    Elect Daniel Kearney                    Mgmt        For         For         For
                                  1.7    Elect Laurence Meyer                    Mgmt        For         For         For
                                  1.8    Elect Debra Perry                       Mgmt        For         For         For
                                  1.9    Elect John Rolls                        Mgmt        For         Withhold    Against
                                  1.10   Elect Jeffery Yabuki                    Mgmt        For         For         For
                                  2      Ratification of Auditor                 Mgmt        For         Against     Against

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MGIC Invt Corp.                          Ticker     Security ID:                 Meeting Date            Meeting Status
                                         MTG        CUSIP9 552848103             05/11/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Karl Case                         Mgmt        For         For         For
                                  1.2    Elect Curt Culver                       Mgmt        For         For         For
                                  1.3    Elect William McIntosh                  Mgmt        For         For         For
                                  1.4    Elect Leslie Muma                       Mgmt        For         For         For
                                  2      Ratification of Auditor                 Mgmt        For         For         For

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Pepsico Inc                              Ticker     Security ID:                 Meeting Date            Meeting Status
                                         PEP        CUSIP9 713448108             05/03/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect John Akers                        Mgmt        For         For         For
                                  1.2    Elect Robert Allen                      Mgmt        For         For         For
                                  1.3    Elect Dina Dublon                       Mgmt        For         For         For
                                  1.4    Elect Victor Dzau                       Mgmt        For         For         For
                                  1.5    Elect Ray Hunt                          Mgmt        For         For         For
                                  1.6    Elect Alberto Ibarguen                  Mgmt        For         For         For
                                  1.7    Elect Arthur Martinez                   Mgmt        For         For         For
                                  1.8    Elect Indra Nooyi                       Mgmt        For         For         For
                                  1.9    Elect Steven Reinemund                  Mgmt        For         For         For
                                  1.10   Elect Sharon Rockefeller                Mgmt        For         For         For
                                  1.11   Elect James Schiro                      Mgmt        For         For         For
                                  1.12   Elect Franklin Thomas                   Mgmt        For         For         For
                                  1.13   Elect Cynthia Trudell, Ph.D.            Mgmt        For         For         For
                                  1.14   Elect Daniel Vasella, M.D.              Mgmt        For         For         For
                                  1.15   Elect Michael White                     Mgmt        For         For         For
                                  2      APPROVAL OF INDEPENDENT                 Mgmt        For         For         For
                                         REGISTERED PUBLIC
                                         ACCOUNTANTS

                                  3      SHAREHOLDER PROPOSAL -                  ShrHoldr    Against     Against     For
                                         POLITICAL CONTRIBUTIONS
                                         (PROXY STATEMENT P. 23)

                                  4      SHAREHOLDER PROPOSAL -                  ShrHoldr    Against     Against     For
                                         CHARITABLE CONTRIBUTIONS
                                         (PROXY STATEMENT P. 24)

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Pfizer Inc                               Ticker     Security ID:                 Meeting Date            Meeting Status
                                         PFE        CUSIP9 717081103             04/27/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Michael Brown                     Mgmt        For         For         For
                                  1.2    Elect M. Anthony Burns                  Mgmt        For         For         For
                                  1.3    Elect Robert Burt                       Mgmt        For         For         For
                                  1.4    Elect W. Don Cornwell                   Mgmt        For         For         For
                                  1.5    Elect William Gray III                  Mgmt        For         For         For
                                  1.6    Elect Constance Horner                  Mgmt        For         For         For
                                  1.7    Elect William Howell                    Mgmt        For         For         For
                                  1.8    Elect Stanley Ikenberry                 Mgmt        For         For         For
                                  1.9    Elect George Lorch                      Mgmt        For         For         For
                                  1.10   Elect Henry McKinnell                   Mgmt        For         For         For
                                  1.11   Elect Dana Mead                         Mgmt        For         For         For
                                  1.12   Elect Ruth Simmons                      Mgmt        For         For         For
                                  1.13   Elect William Steere, Jr.               Mgmt        For         For         For
                                  2      Ratification of Auditor                 Mgmt        For         For         For
                                  3      Elimination of Supermajority            Mgmt        For         For         For
                                         Requirement

                                  4      SHAREHOLDER PROPOSAL                    ShrHoldr    Against     Against     For
                                         RELATING TO TERM LIMITS FOR DIRECTORS.

                                  5      Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         Drug Pricing
                                  6      SHAREHOLDER PROPOSAL                    ShrHoldr    Against     For         Against
                                         RELATING TO CUMULATIVE
                                         VOTING.
                                  7      SHAREHOLDER PROPOSAL                    ShrHoldr    Against     Against     For
                                         REQUESTING SEPARATION OF ROLES OF
                                         CHAIRMAN AND CEO.

                                  8      SHAREHOLDER PROPOSAL                    ShrHoldr    Against     Against     For
                                         REQUESTING A REPORT ON
                                         POLITICAL CONTRIBUTIONS.

                                  9      Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         Animal Welfare
                                  10     Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         Animal Welfare

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The Clorox Company                       Ticker     Security ID:                 Meeting Date            Meeting Status
                                         CLX        CUSIP9 189054109             11/16/2005              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Daniel Boggan Jr.                 Mgmt        For         For         For
                                  1.2    Elect Tully M. Friedman                 Mgmt        For         For         For
                                  1.3    Elect Gerald E. Johnston                Mgmt        For         For         For
                                  1.4    Elect Robert W. Matschullat             Mgmt        For         For         For
                                  1.5    Elect Gary G. Michael                   Mgmt        For         Withhold    Against
                                  1.6    Elect Jan L. Murley                     Mgmt        For         For         For
                                  1.7    Elect Lary R. Scott                     Mgmt        For         For         For
                                  1.8    Elect Michael E. Shannon                Mgmt        For         For         For
                                  1.9    Elect Pamela Thomas-Graham              Mgmt        For         For         For

                                  1.10   Elect Carolyn M. Ticknor                Mgmt        For         For         For
                                  2      Adopt the 2005 Stock Incentive Plan     Mgmt        For         For         For

                                  3      Adopt the Executive Incentive           Mgmt        For         For         For
                                         Compensation Plan
                                  4      Ratify selection of auditors            Mgmt        For         For         For

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Trizec Properties Inc                    Ticker     Security ID:                 Meeting Date            Meeting Status
                                         TRZ        CUSIP9 89687P107             05/18/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Peter Munk                        Mgmt        For         For         For
                                  1.2    Elect Timothy H. Callahan               Mgmt        For         For         For
                                  1.3    Elect L. Jay Cross                      Mgmt        For         Withhold    Against
                                  1.4    Elect Brian Mulroney                    Mgmt        For         Withhold    Against
                                  1.5    Elect James O' Connor                   Mgmt        For         Withhold    Against
                                  1.6    Elect Glenn Rufrano                     Mgmt        For         Withhold    Against
                                  1.7    Elect Richard Thomson                   Mgmt        For         Withhold    Against
                                  1.8    Elect Polyvios Vintiadis                Mgmt        For         Withhold    Against
                                  2      Amendment to Employee Stock             Mgmt        For         For         For
                                         Purchase Plan
                                  3      Ratification of Auditor                 Mgmt        For         Against     Against

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Tyco International Limited               Ticker     Security ID:                 Meeting Date            Meeting Status
                                         TYC        CUSIP9 902124106             03/09/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1      SET THE MAXIMUM NUMBER OF               Mgmt        For         For         For
                                         DIRECTORS AT 12

                                  2.1    Elect Dennis Blair                      Mgmt        For         For         For
                                  2.2    Elect Edward Breen                      Mgmt        For         For         For
                                  2.3    Elect Brian Duperreault                 Mgmt        For         For         For
                                  2.4    Elect Bruce Gordon                      Mgmt        For         For         For
                                  2.5    Elect Rajiv Gupta                       Mgmt        For         For         For
                                  2.6    Elect John Krol                         Mgmt        For         Withhold    Against
                                  2.7    Elect Mackey McDonald                   Mgmt        For         Withhold    Against
                                  2.8    Elect H. Carl McCall                    Mgmt        For         For         For
                                  2.9    Elect Brendan O'Neill                   Mgmt        For         For         For
                                  2.10   Elect Sandra Wijnberg                   Mgmt        For         For         For
                                  2.11   Elect Jerome York                       Mgmt        For         For         For
                                  3      Authority to Appoint an Additional      Mgmt        For         For         For
                                         Director
                                  4      Ratification of Auditor and Authority   Mgmt        For         For         For
                                         to Set Fees

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UNILEVER N.V.                            Ticker     Security ID:                 Meeting Date            Meeting Status
                                         UN         CUSIP9 904784709             05/08/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1      Accounts and Reports; Allocation of     Mgmt        For         For         For
                                         Profits/Dividends
                                  2      DISCHARGE OF THE EXECUTIVE              Mgmt        For         For         For
                                         DIRECTORS.
                                  3      DISCHARGE OF THE NON                    Mgmt        For         For         For
                                         EXECUTIVE DIRECTORS.
                                  4      SHARE EQUALIZATION.                     Mgmt        For         For         For
                                  5      APPROVAL: SHARE                         Mgmt        For         For         For
                                         EQUALIZATION
                                  6      Amendment to Articles                   Mgmt        For         For         For
                                  7      ALIGNMENT OF DIVIDEND                   Mgmt        For         For         For
                                         GENERATING CAPACITY AND
                                         DIVIDEND ENTITLEMENTS.

                                  8.1    Elect Patrick Cescau                    Mgmt        For         For         For
                                  8.2    Elect Kees van der Graaf                Mgmt        For         For         For
                                  8.3    Elect Ralph Kugler                      Mgmt        For         For         For
                                  8.4    Elect Rudy Markham                      Mgmt        For         For         For
                                  8.5    Elect Antony Burgmans                   Mgmt        For         For         For
                                  8.6    Elect Lord Brittan of Spennithorne      Mgmt        For         For         For

                                  8.7    Elect Baroness Chalker of Wallasey      Mgmt        For         For         For

                                  8.8    Elect Wim Dik                           Mgmt        For         For         For
                                  8.9    Elect Lord Simon of Highbury            Mgmt        For         For         For
                                  8.10   Elect Jeroen van der Veer               Mgmt        For         For         For
                                  8.11   Elect Charles Golden                    Mgmt        For         For         For
                                  8.12   Elect Byron Grote                       Mgmt        For         For         For
                                  8.13   Elect Jean-Cyril Spinetta               Mgmt        For         For         For
                                  8.14   Elect Kornelis Storm                    Mgmt        For         For         For
                                  9      REMUNERATION OF NON                     Mgmt        For         For         For
                                         EXECUTIVE DIRECTORS.
                                  10     Appointment of Auditor                  Mgmt        For         For         For
                                  11     Authority to Issue Stock w/ or w/out    Mgmt        For         For         For
                                         Preemptive Rights
                                  12     Authority to Repurchase Shares          Mgmt        For         For         For

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US Bancorp                               Ticker     Security ID:                 Meeting Date            Meeting Status
                                         USB        CUSIP9 902973304             04/18/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Peter Coors                       Mgmt        For         For         For
                                  1.2    Elect Jerry Grundhofer                  Mgmt        For         For         For
                                  1.3    Elect Patrick Stokes                    Mgmt        For         For         For
                                  2      Ratification of Auditor                 Mgmt        For         For         For
                                  3      APPROVAL OF THE U.S.                    Mgmt        For         For         For
                                         BANCORP 2006 EXECUTIVE
                                         INCENTIVE PLAN.
                                  4      SHAREHOLDER PROPOSAL:                   ShrHoldr    Against     Against     For
                                         DECLASSIFICATION OF THE
                                         BOARD OF DIRECTORS.

                                  5      SHAREHOLDER PROPOSAL:                   ShrHoldr    Against     Against     For
                                         ANNUAL APPROVAL OF THE
                                         COMPENSATION COMMITTEE
                                         REPORT.

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Wal Mart Stores Inc                      Ticker     Security ID:                 Meeting Date            Meeting Status
                                         WMT        CUSIP9 931142103             06/02/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Aida Alvarez                      Mgmt        For         For         For
                                  1.2    Elect James Breyer                      Mgmt        For         For         For
                                  1.3    Elect M. Michele Burns                  Mgmt        For         For         For
                                  1.4    Elect James Cash, Jr.                   Mgmt        For         For         For
                                  1.5    Elect Douglas Daft                      Mgmt        For         For         For
                                  1.6    Elect David Glass                       Mgmt        For         For         For
                                  1.7    Elect Roland Hernandez                  Mgmt        For         Withhold    Against
                                  1.8    Elect H. Lee Scott, Jr.                 Mgmt        For         For         For
                                  1.9    Elect Jack Shewmaker                    Mgmt        For         For         For
                                  1.10   Elect Jim Walton                        Mgmt        For         For         For
                                  1.11   Elect S. Robson Walton                  Mgmt        For         For         For
                                  1.12   Elect Christopher Williams              Mgmt        For         For         For
                                  1.13   Elect Linda Wolf                        Mgmt        For         For         For
                                  2      RATIFICATION OF INDEPENDENT             Mgmt        For         For         For
                                         ACCOUNTANTS.

                                  3      A SHAREHOLDER PROPOSAL                  ShrHoldr    Against     Against     For
                                         REGARDING HUMANE POULTRY SLAUGHTER

                                  4      A SHAREHOLDER PROPOSAL                  ShrHoldr    Against     Against     For
                                         REGARDING A POLITICAL
                                         CONTRIBUTIONS REPORT

                                  5      A SHAREHOLDER PROPOSAL                  ShrHoldr    Against     For         Against
                                         REGARDING A DIRECTOR
                                         ELECTION MAJORITY VOTE
                                         STANDARD

                                  6      A SHAREHOLDER PROPOSAL                  ShrHoldr    Against     Against     For
                                         REGARDING A SUSTAINABILITY REPORT
                                  7      A SHAREHOLDER PROPOSAL                  ShrHoldr    Against     Against     For
                                         REGARDING COMPENSATION
                                         DISPARITY

                                  8      Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         Compensation Glass Ceiling

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Washington Mutual Inc                    Ticker     Security ID:                 Meeting Date            Meeting Status
                                         WAMU       CUSIP9 939322103             04/18/2006              Voted

                                  Issue
                                  No.    Description                             Proponent   Mgmt Rec    Vote Cast   For/Agnst Mgmt
                                  1.1    Elect Kerry Killinger                   Mgmt        For         For         For
                                  1.2    Elect Thomas Leppert                    Mgmt        For         For         For
                                  1.3    Elect Charles Lillis                    Mgmt        For         For         For
                                  1.4    Elect Michael Murphy                    Mgmt        For         For         For
                                  1.5    Elect Orin Smith                        Mgmt        For         For         For
                                  1.6    Elect Regina Montoya                    Mgmt        For         For         For
                                  2      Ratification of Auditor                 Mgmt        For         For         For
                                  3      Amendment to the 2003 Equity            Mgmt        For         For         For
                                         Incentive Plan
                                  4      Executive Incentive Compensation        Mgmt        For         For         For
                                         Plan
                                  5      Amendment to Declassify the Board       Mgmt        For         For         For

                                  6      Shareholder Proposal Regarding          ShrHoldr    Against     Against     For
                                         the Disclosure of Political
                                         Contributions

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                                   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 Yacktman Funds, Inc.
                                                    ----------------------------

                                                 By: /s/ Donald A. Yacktman
                                                    ----------------------------

                                               Name: Donald A. Yacktman
                                                    ----------------------------

                                              Title: President
                                                    ----------------------------

                                               Date: 08/08/2006
                                                    ----------------------------