N-PX 1 dnpx.htm SPIRIT OF AMERICA Spirit of America

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-08231

Spirit of America Investment Fund, Inc.

(Exact name of registrant as specified in charter)

477 Jericho Turnpike

P.O. Box 9006

Syosset, NY 11791-9006

(Address of principal executive offices) (Zip code)

Mr. David Lerner

SSH Securities, Inc.

477 Jericho Turnpike

P.O. Box 9006

Syosset, NY 11791-9006

(Name and address of agent for service)

Registrant’s telephone number, including area code: 516-390-5555

Date of fiscal year end: October 31

Date of reporting period: July 1, 2006 – June 30, 2007

Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant’s proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

REGISTRANT NAME: Spirit of America Investment Fund, Inc.

INVESTMENT COMPANY ACT FILE NUMBER: 811-08231

REPORTING PERIOD: 7/1/06 - 6/30/07

REGISTRANT ADDRESS: 477 Jericho Turnpike, P.O. Box 9006, Syosset, NY 11791-9006

NAME OF SERIES (AS APPLICABLE): Spirit of America Real Estate Income and Growth Fund

 

Issuer of Portfolio Security

   Exchange
Ticker
Symbol		   CUSIP #   Shareholder Meeting Date   Summary of Matter
Voted On		   Who Proposed
Matter: Issuer
/ Shareholder		   Whether Fund
Cast Vote on
Matter		   Fund’s Vote For
or Against
Proposal, or
Abstain; For or
Withhold
Regarding
Election of
Directors		   Whether Vote
Was For or
Against
Management

Equity Office Properties Trust

   EOP   294741103   09/14/2006 & 10/05/2006   Divestiture & Acquire   Issuer   Yes   For   For

Equity Office Properties Trust

   EOP   294741103   2/5/2007   Merger Proposal   Issuer   Yes   For   For

Trustreet Properties, Inc.

   TSY   898404108   8/30/2006   Dividend   Issuer   Yes   For   For

Trustreet Properties, Inc.

   TSY   898404108   2/22/2007   Merger Proposal   Issuer   Yes   For   For

American Financial Realty Trust

   AFR   02607P305   09/20/2006 & 12/27/2006   Dividend   Issuer   Yes   For  

American Financial Realty Trust

   AFR   02607P305   6/6/2007   Divestiture   Issuer   Yes   For   For

Apartment Investment & Management Co.

   AIV   03748R101   9/27/2006   Dividend   Issuer   Yes   For   For

Apartment Investment & Management Co.

   AIV   03748R101   4/30/2007   Directors   Issuer   Yes   For   For

Ashford Hospitality Trust, Inc.

   AHT   044103109   09/27/2006 & 11/13/2006   Dividend   Issuer   Yes   For   For

Ashford Hospitality Trust, Inc.

   AHT   044103109   5/21/2007   Acquisition   Issuer   Yes   For   For

Associated Estates Realty Corp.

   AEC   045604105   6/11/2007   Divestiture & Acquire   Issuer   Yes   For   For

Brandywine Realty Trust

   BDN   105368203   9/28/2006   New Debt Issue   Issuer   Yes   For   For

Brandywine Realty Trust

   BDN   105368203   5/9/2007   Acquire & Divestiture   Issuer   Yes   For   For

Colonial Properties Trust

   CLP   195872106   09/15/2006 & 12/13/2006   Divestiture   Issuer   Yes   For   For

Crescent Real Estate Equities Co

   CEI   225756105   06/30/2006 & 08/01/2006   Divestiture   Issuer   Yes   For   For

Developers Diversified Realty Corp.

   DDR   251591103   08/22/2006 & 12/04/2006   Stock Buy Back   Issuer   Yes   For   For

Developers Diversified Realty Corp.

   DDR   251591103   6/28/2007   Divestiture & Sell   Issuer   Yes   For   For

Equity Inns Inc.

   ENN   294703103   10/2/2006   Class Action & Divest   Both   Yes   For   For

Equity One Inc.

   EQY   294752100   10/12/2006 & 12/28/2006   Acquisition & Divest   Issuer   Yes   For   For

Equity One Inc.

   EQY   294752100   6/4/2007   New Stock Issue   Issuer   Yes   For   For

Federal Realty Investment Trust

   FRT   313747206   06/04/2007 & 06/25/2007   Acquire & Divestiture   Issuer   Yes   For   For

First Industrial Realty Trust Inc.

   FR   32054K103   09/04/2006 & 12/13/2006   Listing & Symbol   Issuer   Yes   For   For

First Industrial Realty Trust Inc.

   FR   32054K103   6/7/2007   Delist & Redeem   Issuer   Yes   For   For

Issuer of Portfolio Security

   Exchange
Ticker
Symbol		   CUSIP #   Shareholder Meeting Date   Summary of Matter Voted On   Who Proposed
Matter: Issuer
/ Shareholder		   Whether Fund
Cast Vote on
Matter		   Fund’s Vote For
or Against
Proposal, or
Abstain; For or
Withhold
Regarding
Election of
Directors		   Whether Vote
Was For or
Against
Management

Glimcher Realty Trust

   GRT   379302102   09/25/2006 & 09/30/2006   Divest & Acquisition   Issuer   Yes   For   For

Health Care Property Investors Inc.

   HCP   421906108   09/12/2006 & 11/06/2006   Listing & Divest   Issuer   Yes   For   For

Health Care Property Investors Inc.

   HCP   421906108   09/12/2006 & 12/04/2006   Debt & Acquisition   Issuer   Yes   For   For

Health Care REIT Inc.

   HCN   42217K106   12/20/2006   Listing & Acquire   Issuer   Yes   For   For

Healthcare Realty Trust Inc.

   HR   421946104   12/21/2006   Acquisition   Issuer   Yes   For   For

Healthcare Realty Trust Inc.

   HR   421946104   4/5/2007   Divestiture   Issuer   Yes   For   For

Highwoods Properties Inc.

   HIW   431284108   8/30/2006   Dividend   Issuer   Yes   For   For

Hospitality Properties Trust

   HPT   44106M102   12/18/2006   Equity Offering   Issuer   Yes   For   For

Hospitality Properties Trust

   HPT   44106M102   6/5/2007   Exchange Offer   Issuer   Yes   For   For

HRPT Properties Trust

   HRP   40426W101   10/5/2006   Listing & Equity   Issuer   Yes   For   For

HRPT Properties Trust

   HRP   40426W101   6/18/2007   Redemption   Issuer   Yes   For   For

Lexington Corporate Properties Trust

   LXP   529043101   11/1/2006   Acquisition   Issuer   Yes   For   For

Liberty Property Trust

   LRY   531172104   04/20/2007 & 06/25/2007   Stock Buy Back & Acquisition   Issuer   Yes   For   For

Macerich Co.

   MAC   554382101   11/13/2006   Dividend   Issuer   Yes   For   For

Macerich Co.

   MAC   554382101   03/13/2007 & 05/30/2007   Debt Offer & Dividend   Issuer   Yes   For   For

Mack-Cali Realty Corp.

   CLI   554489104   6/30/2007   Divestiture   Issuer   Yes   For   For

Malan Realty Investors, Inc.

   MAL   561063108   10/2/2006   Liquidate   Issuer   Yes   For   For

Mid-America Apartment Communities, Inc.

   MAA   59522J103   9/4/2006   Listing   Issuer   Yes   For   For

Mid-America Apartment Communities, Inc.

   MAA   59522J103   9/19/2006 & 05/20/2007   Directors & Dividend   Issuer   Yes   For   For

National Retail Properties, Inc.

   NNN   637417106   09/07/2006 & 10/20/2006   Debt & Listing   Issuer   Yes   For   For

National Retail Properties, Inc.

   NNN   637417106   03/22/2007 & 05/16/2007   Debt Redemption   Issuer   Yes   For   For

Issuer of Portfolio Security

   Exchange
Ticker
Symbol		   CUSIP #   Shareholder Meeting Date   Summary of Matter Voted
On		   Who Proposed
Matter: Issuer
/ Shareholder		   Whether Fund
Cast Vote on
Matter		   Fund’s Vote For
or Against
Proposal, or
Abstain; For or
Withhold
Regarding
Election of
Directors		   Whether Vote
Was For or
Against
Management

National Health Investors Inc.

   NHI   63633D104   12/26/2006 & 10/10/2006   Listing & Acquisition   Issuer   Yes   For   For

National Health Investors Inc.

   NHI   63633D104   4/21/2007   Conversion   Issuer   Yes   For   For

Omega Healthcare Investors Inc.

   OHI   681936100   9/4/2006   Listing   Issuer   Yes   For   For

Omega Healthcare Investors Inc.

   OHI   681936100   03/29/2007 & 05/24/2007   Equity Offering   Issuer   Yes   For   For

Pennsylvania Real Estate Investment Trust

   PEI   709102107   09/04/2006 & 09/30/2006   Listing & Acquisition        

Pennsylvania Real Estate Investment Trust

   PEI   709102107   5/31/2007   Listing & Delisting   Issuer   Yes   For   For

PMC Commercial Trust

   PCC   693434102   9/4/2006   Listing & Directors   Issuer   Yes   For   For

PMC Commercial Trust

   PCC   693434102   6/9/2007   Dividend   Issuer   Yes   For   For

Post Properties Inc.

   PPS   737464107   10/03/2006 & 11/30/2006   Acquisition & Stock Buy
Back		   Issuer   Yes   For   For

Post Properties Inc.

   PPS   737464107   5/24/2007   Acquisition   Issuer   Yes   For   For

Ramco Gershenson Properties Trust

   RPT   751452202   09/04/2006 & 12/18/2006   Listing & Stock Buy Back   Issuer   Yes   For   For

Ramco Gershenson Properties Trust

   RPT   751452202   05/22/2007 & 06/05/2007   Delist & Acquire   Issuer   Yes   For   For

Realty Income Corp.

   O   756109104   12/4/2006   Listing & Debt   Issuer   Yes   For   For

Realty Income Corp.

   O   756109104   5/15/2007   Dividend   Issuer   Yes   For   For

Senior Housing Properties Trust

   SNH   81721M109   9/6/2006   Listing & Acquisition   Issuer   Yes   For   For

Senior Housing Properties Trust

   SNH   81721M109   5/8/2007   Equity & Dividend   Issuer   Yes   For   For

Simon Property Group Inc.

   SPG   828806109   10/4/2006   Delisting & Debt   Issuer   Yes   For   For

Simon Property Group Inc.

   SPG   828806109   5/10/2007   Acquire & Divest   Issuer   Yes   For   For

Issuer of Portfolio Security

   Exchange
Ticker
Symbol		   CUSIP #   Shareholder Meeting Date   Summary of Matter
Voted On		   Who Proposed
Matter: Issuer
/ Shareholder		   Whether Fund
Cast Vote on
Matter		   Fund’s Vote For
or Against
Proposal, or
Abstain; For or
Withhold
Regarding
Election of
Directors		   Whether Vote
Was For or
Against
Management

SL Green Realty Corp.

   SLG   78440X101   5/24/2007   Acquire & Divest   Issuer   Yes   For   For

Sovran Self Storage Inc.

   SSS   84610H108   11/29/2006   Equity Offering   Issuer   Yes   For   For

Sovran Self Storage Inc.

   SSS   84610H108   05/21/2007 & 06/04/2007   Acquisition   Issuer   Yes   For   For

Sun Communities Inc.

   SUI   866674104   5/23/2007   Director & Divest   Issuer   Yes   For   For

Taubman Centers Inc.

   TCO   876664103   09/27/2006 & 12/27/2006   Dividend   Issuer   Yes   For   For

Taubman Centers Inc.

   TCO   876664103   5/9/2007   Stock Buy Back   Issuer   Yes   For   For

TravelCenters of America LLC

   TA   894174101   01/29/2007 & 06/28/2007   Listing & Equity Offer   Issuer   Yes   For   For

UDR, Inc.

   UDR   902653401   10/6/2006   Debt Offering   Issuer   Yes   For   For

UDR, Inc.

   UDR   902653401   05/30/2007 & 06/11/2007   Listing & Ticker Change   Issuer   Yes   For   For

 

* Complete for each series of the Registrant, as applicable.

REGISTRANT NAME: Spirit of America Investment Fund, Inc.

INVESTMENT COMPANY ACT FILE NUMBER: 811-08231

REPORTING PERIOD: 07/01/2006 - 06/30/2007

REGISTRANT ADDRESS: 477 Jericho Turnpike, P.O. Box 9006, Syosset, NY 11791-9006

NAME OF SERIES (AS APPLICABLE): Spirit of America Large Cap Value Fund

 

Issuer of Portfolio Security

    Exchange
Ticker
Symbol		    CUSIP #    Shareholder
Meeting Date		    Summary of Matter Voted On    Who Proposed
Matter: Issuer
/ Shareholder		    Whether Fund
Cast Vote on
Matter		    Fund’s Vote For
or Against
Proposal, or
Abstain; For or
Withhold
Regarding
Election of
Directors		    Whether Vote
Was For or
Against
Management

Wells Fargo

    WFC    949746101    4/24/2007    Directors    Issuer    Yes    For    For

Bank of America

    BAC    60505104    4/25/2007    Directors    Issuer    Yes    For    For

Amgen

    AMGN    031162-100    5/9/2007    Directors, Auditors    Issuer    Yes    For    For

Johnson & Johnson

    JNJ    478160104    4/26/2007    Directors, Auditors    Issuer    Yes    For    For

Motorola

    MOT    620076109    5/7/2007    Directors, Stock Purchase Plan    Issuer    Yes    For    For

Noble

    NE    665422100    4/26/2007    Directors, Auditors    Issuer    Yes    For    For

Abbott

    ABT    002824100    4/27/2007    Directors, Auditors    Issuer    Yes    For    For

Duke Energy

    DUK    26441C105    5/10/2007    Directors    Issuer    Yes    For    For

Conoco

    COP    20825C104    5/9/2007    Directors, Auditors    Issuer    Yes    For    For

Apache

    APA    037411105    5/2/2007    Directors    Issuer    Yes    For    For

Nucor

    NUE    670346105    5/10/2007    Directors    Issuer    Yes    For    For

Capital One

    COF    140104105    4/26/2007    Directors    Issuer    Yes    For    For

Verizon

    VZ    92343V104    5/3/2007    Directors    Issuer    Yes    For    For

JP Morgan

    JPM    46625H100    5/15/2007    Directors    Issuer    Yes    For    For

Pepsi

    PEP    713448108    5/2/2007    Directors    Issuer    Yes    For    For

Hewlett Packard

    HPQ    428236105    3/14/2007    Directors    Issuer    Yes    For    For

TYCO

    TYC    902124106    1/12/2007    Directors    Issuer    Yes    For    For

Schlumberg

    SLB    806857108    4/11/2007    Directors    Issuer    Yes    For    For

Texas Inst.

    TXN    882508104    4/19/2007    Directors    Issuer    Yes    For    For

Nationwide Health

    NHP    638620104    4/24/2007    Directors    Issuer    Yes    For    For

General Electric

    GE    369604103    4/25/2007    Directors, Ratify KPMG    Issuer    Yes    For    For

American Express

    AXP    025816109    4/23/2007    Directors    Issuer    Yes    For    For

Pfizer

    PFE    717081103    4/26/2007    Directors    Issuer    Yes    For    For

Nokia

    NOK    654902204    5/3/2007    Directors    Issuer    Yes    For    For

Philip Morris

    MO    022095103    4/26/2007    Directors    Issuer    Yes    For    For

IBM

    IBM    459200101    4/24/2007    Directors, Ratify Acct.    Issuer    Yes    For    For

AEP

    AEP    025537101    4/24/2007    Directors    Issuer    Yes    For    For

Host Hotels

    HST    44107P104    5/17/2007    Directors    Issuer    Yes    For    For

Wyeth

    WYE    983024100    4/24/2007    Directors    Issuer    Yes    For    For

Colgate

    CL    194162103    5/3/2007    Directors    Issuer    Yes    For    For

3 M

    MMM    88579Y101    5/8/2007    Directors, Ratify Acct.    Issuer    Yes    For    For

Motorola

    MOT    620076109    5/7/2007    Carl Icahn    Carl Icahn    Yes    For    Against

Medco

    MHS    584056102    5/24/2007    Directors    Issuer    Yes    For    For

Target

    TGT    87612E106    5/24/2007    Directors    Issuer    Yes    For    For

Schering Plough

    SCP    806605101    5/18/2007    Directors    Issuer    Yes    For    For

 

* Complete for each series of the Registrant, as applicable.

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   Spirit of America Investment Fund, Inc.
By (Signature and Title)*   /s/ David Lerner
 

David Lerner, Principal Executive Officer

(Principal Executive Officer)

Date August 22, 2007

 

* Print the name and title of each signing officer under his or her signature.