******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-21758 Reporting Period: 07/01/2008 - 06/30/2009 Clipper Funds Trust ======================== CLIPPER FUNDS TRUST ======================== There is no proxy voting activity for the fund, as the fund did not hold any votable positions during the reporting period. ========== END NPX REPORT