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, 2011 through June 30, 2012
Company Mtg Matter Who Mgmt Vote
Symbol/Cusip Date Voted On From Rec Cast
-------------- ---- --------------- ---- ---- ----
Universal Corp 8/04 Election Of Directors Co FOR FOR
UVV 913456109 8/04 Apprv Compensation Co 1yr 1yr
8/04 Sholder vote on Comp. Co For For
8/04 Apprv Artcles of Inc. Co For For
8/04 Apprv 07 Stk Inctve pln Co For For
Smith & Wesson 9/26 Election of directors co For For
SWHC 831756101 9/26 Apprv '11 stk purch pln co For For
9/26 Advsry Vote "Say on Pay"co For For
9/26 "Say on Frequency" co 1yr 1yr
9/26 goals of '04 stk plan co For For
9/26 Ratify appt of BDO USA co For For
Corinthian Colleges 11/15 Election of directors co For For
COCO 218868107 11/15 Amnd '03 Perf award pln co For For
11/15 Ratify Ernst&Yng Audit. co For For
11/15 Apprv Exec. Compensatn co For For
11/15 Freq of Advisry Votes co 1yr 1yr
American Supercondutor 12/08 Election of directors co For For
AMSC 030111108 12/08 Inc. common stock 150m co For For
12/08 Ratfy Prcwtrhouse acct. co For For
12/08 Advsry vote on Exec compco For For
12/08 Freq of votes on Exec. co 3yr 3yr
Olin Corp. 4/26 Election of directors Co For For
OLN 680665205 4/26 Compensatn vote for EO Co For For
4/26 Ratify Indep. Acctng Fm.Co For For
Stillwater Mining 4/26 Election of Directors co For For
SWC 86074q102 4/26 Apprv '12 Eq Incntv pln co For For
4/26 Ratify Appt KMPG Firm co For For
4/26 Advsry vote Exec Cmpns. co For For
Power-One, Inc. 05/01 Election of Directors co For For
PWER 73930R102 05/01 Apprv Exec. Compnstion co For For
05/01 Ratify Del&Touche firm co For For
05/01 Transactions of '12 mtg co For For
Cooper Tire & Rubber Co 5/11 Election of directors co For For
CTB 216831107 5/11 Ratify indep acct firm co For For
5/11 Apprv Exec compensation co For For
Amsurg Corp. 5/17 Election of Directors co For For
AMSG 03232P405 5/17 Apprv vt of Exec compns co For For
5/17 Apprv majority vote co For For
5/17 Apprv'06 stk incntv pln co For For
5/17 Ratify Del&Touch Audit. co For For
Coventry Health Care 5/17 Election of directors co For For
CVH 222862104 5/17 Declassfy Board of Dir co For For
5/17 Apprv Rat Ernst&Yngacct.co For For
5/17 Exec officers compensat.co For For
5/17 Stkhld prop:pol contrib co Against Against
Radioshack 5/17 Election of direcots co For For
RSH 750438103 5/17 Ratfy Prcwtrhouse acct. co For For
5/17 Exec officers compensat.co For For
Viropharma 5/21 Election of Directors co For For
VPHM 928241108 5/21 Amdnmt '05 Incntv pln. co For For
5/21 Advsry vote Exec Compen co For For
5/21 Ratify KPMG Ind. acctng co For For
Neutral Tandem Inc. 5/23 Election of Directors co For For
TNDM 64128B108 5/23 Ratify Deloitte&Touche co For For
5/23 Apprv vt of Exec compns co For For
Skechers USA, Inc. 5/24 Election of Directors co For For
SKX 830566105
PDL Biopharma 6/05 Election of Directors co For For
PDLI 69329Y104 6/05 Ratify Ernst&yng Acctng co For For
6/05 Apprv Comp of Exec offc co For For
Patterson UTI Energy 6/07 Election of Directors co For For
PTEN 703481101 6/07 Apprv Comp of Exec offc co For For
6/07 Ratfy Prcwtrhouse acct. co For For
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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: 07/26/12