UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act
file number: 811-21782
Name of registrant: Small Cap Value Fund
Address: 8150 N. Central Expwy #M1120, Dallas, Texas 75206
Agent for service: Laura S. Adams (same address)
Registrants phone number: 214-360-7410
Date of fiscal year end: December 31
Reporting period: June 30, 2010 through June 30, 2011
Company Mtg Matter Who Mgmt Vote
Symbol/Cusip Date Voted On From Rec Cast
-------------- ---- --------------- ---- ---- ----
Cogent Inc. 8/02 Election of directors co For For
COGT 19239Y108 8/02 Ratify Del&Touche Firm co For For
Smith & Wesson 9/27 Election of directors co For For
SWHC 831756101 9/27 Ratify appt of BDO USA co For For
Sanderson Farms, Inc. 2/17 Election of directors co For For
SAFM 800013104 2/17 Prop appv stk incntv pl co For For
2/17 Prop appv advisry vote co For For
2/17 Prop of freq of Adv vts co 3YR 3YR
2/17 Ratify Ernst&yng Acctng co For For
Universal Forest Prod 4/13 Election of directors co For For
UFPI 913543104 4/13 Ratify Ernst&yng Acctng co For For
4/13 Apprv Exec Compensation co For For
4/13 Freq of SH vts on Exec co 3YR 3YR
Total System Services 5/03 Election of directors co For For
TSS 891906109 5/03 Ratify KPMG Ind. acctfm co For For
5/03 Apprv Exec Compentsatn co For For
5/03 Freq of SH vts on Exec co 1YR 1YR
Cooper Tire & Rubber Co 5/06 Election of directors co For For
CTB 216831107 5/06 Ratify indep acct firm co For For
5/06 Apprv Exec compensation co For For
5/06 Freq of adv vts on Exec co 1YR 1YR
Amerigroup Corp. 5/12 Election of directors co For For
AGP 03073T102 5/12 Ratify KPMG Ind. acctfm co For For
5/12 Apprv vt of Exec compns co For For
5/12 Freq of SH vts on Exec co 1YR 1YR
5/12 Apprv Stk Purch plan co For For
Coventry Health Care 5/19 Election of directors co For For
CVH 222862104 5/19 Apprv Rat Ernst&Yngacct.co For For
5/19 Apprv vt of Exec compns co For For
5/19 Freq of adv vts on Exec co 1YR 1YR
5/19 Stkhld prop:pol contrib co Against Against
Nutrisystem, Inc. 5/12 Election of directors co For For
NTRI 67069D108 5/12 Ratify KPMG Ind. acctS co For For
5/12 Apprv vt of Exec compns co For For
5/12 Advsry freq of Sayonpay co 1YR 1YR
SWS Group Inc. 5/18 Apprv warrants issue co For For
SWS 78503N107 5/18 Apprv add'l proxies co For For
Viropharma 5/23 Election of Directors co For For
VPHM 928241108 5/23 Advsry vote Exec Compen co For For
5/23 Freq of adv vts on Exec co 3YR 3YR
5/23 Ratify KPMG Ind. acctng co For For
Amsurg Corp. 5/19 Election of Directors co For For
AMSG 03232P405 5/19 Apprv vt of Exec compns co For For
5/19 Freq of adv vts on Exec co 3YR 3YR
5/19 SH Prop to amend govern co Against Against
5/19 Ratify Del&Touch Audit. co For For
Neutral Tandem Inc. 5/25 Election of Directors co For For
TNDM 64128B108 5/25 Ratify Deloitte&Touche co For For
5/25 Apprv vt of Exec compns co For For
5/25 Freq of adv vts on Exec co 2YR 2YR
Santarus Inc. 6/15 Election of Directors co For For
SNTS 802817304 6/15 Apprv Resol Exec Comp co For For
6/15 Freq of SH vts on Exec co 3YR 3YR
6/15 Ratify Ernst&yng Acctng co For For
PDL Biopharma 6/22 Election of Directors co For For
PDLI 69329Y104 6/22 Ratify Ernst&yng Acctng co For For
6/22 Apprv Comp of Exec offc co For For
6/22 Freq of adv vts on Exec co 1YR 1YR
Amedisys, Inc. 6/09 Election of Directors co For For
AMED 023436108 6/09 Ratify KPMG Ind. acctnt co For For
6/09 Say on Pay vote co For For
6/09 Freq of SH SayonPay vts co 1YR 1YR
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SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940
Registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
(Registrant) SMALL CAP VALUE FUND
Signature and Title
By: /s/ Laura S. Adams
President
Date:8/9/11