-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IteSHDFOx15IE9pErxJ+LoL0qhfN1C7WVvVYbUIiU6CzFKadoHa0kN/uGK5HituQ xqmM72h2PZnizxKHw3a4RQ== 0001275125-06-000358.txt : 20060830 0001275125-06-000358.hdr.sgml : 20060830 20060830160241 ACCESSION NUMBER: 0001275125-06-000358 CONFORMED SUBMISSION TYPE: N-PX PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060630 FILED AS OF DATE: 20060830 DATE AS OF CHANGE: 20060830 EFFECTIVENESS DATE: 20060830 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IRONWOOD SERIES TRUST CENTRAL INDEX KEY: 0001049629 IRS NUMBER: 043386084 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-PX SEC ACT: 1940 Act SEC FILE NUMBER: 811-08507 FILM NUMBER: 061065583 BUSINESS ADDRESS: STREET 1: 2 PORTLAND SQUARE CITY: PORTLAND STATE: ME ZIP: 04101-4049 BUSINESS PHONE: (800) 472-6114 MAIL ADDRESS: STREET 1: C/O CITIGROUP GLOBAL TRANSACTION SVCS STREET 2: 2 PORTLAND SQUARE CITY: PORTLAND STATE: ME ZIP: 04101-4049 FORMER COMPANY: FORMER CONFORMED NAME: ICM SERIES TRUST DATE OF NAME CHANGE: 19971112 0001049629 S000004537 Ironwood Isabelle Small Company Stock Fund C000012438 Institutional Shares IZZIX C000012439 Investment Shares IZZYX N-PX 1 wrapperironwood.txt IRONWOOD N-PX UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORED OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-08507 IRONWOOD ISABELLE SMALL COMPANY STOCK FUND Two Portland Square Portland, Maine 04101 207-879-1900 Margaret Gallardo-Cortez Citigroup Fund Services, LLC Two Portland Square Portland, Maine 04101 Date of fiscal year end: December 31, 2006 Date of reporting period: July 1, 2005 - June 30, 2006
PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ---------------------- ------ --------- --------- ------------------------------------- ----------- -------- ------- ----------- Transpro, Inc. TPR 893885103 7/22/2005 1. Elect Board of Directors Management Yes For For 2. Appointment of BDO Seidman, LLP Management Yes For For 3. Approval of Transpro, Inc. Equity Incentive Plan Management Yes For For 4. Adoption of agreement and plan Management Yes For For 5. Adjourn the annual meeting Management Yes For For 6. Increase in the numbrer of authorized common shares Management Yes Against Against Crompton Corp. CK 227116100 7/1/2005 1. Approval of the Issuance of Crompton Corporation common Stock Management Yes For For 2. Approval of Amend. To Crompton Corp.'s certificate of incorporation Management Yes For For Safenet, Inc. SFNT 78645R107 7/26/2005 1. Elect Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young Management Yes For For 3. Increase number of shares Management Yes For For Air Methods AIRM 9128307 8/3/2005 1. Elect Board of Directors Management Yes For For 2. 2005 Equity Compensation Plan Management Yes Against Against McKesson Corporation MCK 58155Q103 7/27/2005 1. Elect Board of Directors Management Yes For For 2. 2005 Stock Plan Management Yes For For 3. 2005 Management Incentive Management Yes For For 4. Ratify appointment of Deloitte & Touche LLP Management Yes For For 5. Proposal relating to chairmanship of board Stockholder Yes Against For Softbrands, Inc. SBN 83402A107 8/8/2005 1. Elect Board of Directors Management Yes For For 2. Grant discretionary authority to Board of Directors Management Yes For For 3. Approve amendment to the 2001 Stock Incentive Plan Management Yes For For American International Group AIG 26874107 8/11/2005 1. Elect Board of Directors Management Yes Against Against 2. Ratify Independent Accountants Management Yes For For Petrohawk Energy Corp. HAWK 716495106 7/28/2005 1. Elect Board of Directors Management Yes For For 2. Approve Issuance of Shares of Common Stock Management Yes For For 3. Amend the company's certificate of incorporation Management Yes For For 4. Amend the company's 2004 employee incentive plan Management Yes For For 5. Amend the company's 2004 non- employee director incentive plan Management Yes Against Against 6. Ratify appointment of Deloitte & Touche LLP Management Yes For For Catalina Marketing Corp. POS 148867104 8/9/2005 1. Elect Board of Directors Management Yes For For 2. Amend Company's 2002 Stock Grant Plan Management Yes For For 3. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For Maytag Corp. 1. Adopt the agreement and MYG 578592107 8/19/2005 plan of merger Management Yes Against Against 2. The proxies are authorized to vote on such other matters Management Yes Against Against Measurement Specialities Inc. MEAS 583421102 9/13/2005 1. Elect Board of Directors Management Yes For For 2. Ratify apppointment of KMPG LLP Management Yes For For Medtronic, Inc. MDT 585055106 8/25/2005 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhoursecoopers LLP Management Yes X X 3. Approval of Employee Stock Purchase Management Yes X X 4. Approve outside director stock compensation plan Management Yes X X Ballard Power 1. Resolution approving the Systems Inc. BLDP 05858H104 8/29/2005 transaction, as described in circular Management Yes For For Webmethods WEBM 94768C108 8/30/2005 1. Ratify Board of Directors Management Yes For For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ------------------- ------ --------- ---------- --------------------------------------- ------------ -------- ------- ----------- 2. Ratify appointment of Pricewaterhoursecoopers LLP Management X X X Sirna Therapeutics RNAI 82966910 8/23/2005 1. Approve issuance and sale to investors Management Yes Against Against Material Sciences MSC 576674105 8/18/2005 1. Ratify Board of Directors Management Yes For For 2. Approve2005 Long Term Incentive plan Management Yes For For 3. Ratify appointment of Deloitte & Touche LLP Management Yes For For 4. Authorize proxies to vote upon such other business before meeting Management Yes For For Capstone Turbine Corp. CPST 14067D102 9/16/2005 1. Ratify Board of Directors Management Yes For For Sonus Networks SONS 835916107 10/12/2005 1. Ratify Board of Directors Management Yes For For E. Piphany, Inc. 26881V100 9/28/2005 1. Adopt plan to merger Management Yes Against Against 2. Proposal to approve the sale of substantially all intellectual property assets Management Yes Against Against Brooks Automation 1. Issuance of shares of Brooks Inc. BRKS 114340102 10/26/2005 Automation, Inc. Management Yes For For 2. Proposal to amend Brooks' certificate of incorporation Management Yes For For 3. To permit Brooks' Board of Directos to adjourn or postpone meetings Management Yes For For Affiliated Computer Services ACS 8190100 10/27/2005 1. Ratify Board of Directors Management Yes For For 2. Approve performance based incentive compensation Management Yes Against Against 3. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For 4. Retain investment banker to develop recapitalization plan Management Yes Against Against Praecis 1. Restated certificate of Pharmaceuticals PRCS 739421105 10/27/2005 incorporation Management Yes Against Against Automatic Data Processing, Inc ADP 53015103 11/8/2005 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Deloitte & Touche LLP Management Yes For For Microsoft Corporation MSFT 594918104 11/9/2005 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Deloitte & Touche LLP Management Yes For For Magnetek MAG 559424106 11/9/2005 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young Management Yes For For LTX Corporation LTXX 502392102 11/9/2005 1. Ratify Board of Directors Management Yes For For 2. Increase authorization number of shares of common stock Management Yes For For 3. Ratify appointment of Ernst & Young Management Yes For For Moldflow MFLO 608507109 11/18/2005 1. Ratify Board of Directors Management Yes For For Cisco Systems Inc. CSCO 17275R102 11/15/2005 1. Ratify Board of Directors Management Yes For For 2. Approve the adoption of the 2005 stock incentive plan Management Yes For For 3. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For 4. Urging Board of directors to adopt a policy that future equity grant to senior executives Shareholders Yes Against For 5. Boards initiate a review of Cisco's executive compensation policies Shareholders Yes Against For 6. Board to prepare a report on human rights policy Shareholders Yes Against For Sysco Corporation SYY 871829107 11/11/2005 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young Management Yes For For 3. Approval of 2005 Management Incentive plan Management Yes For For 4. Payment of compensation to certain executive officers Management Yes For For 5. Approval of 2005 non-employee directors stock plan Management Yes For For The Korea Fund KF 500631400 12/14/2005 1. Ratify Board of Directors Management Yes For For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ---------------- ------ ---------- ---------- ------------------------------------- ------------ -------- ------- ----------- Methylgene MYG 578592107 12/22/2005 1. Proposal to adopt merger Management Yes For For 2. Proxies are authorized to vote on such matter other matters before meetings Stockholders Yes For For Sycamore networks SCMR 871206108 12/19/2005 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For Captiva CPTV 14073T 109 12/22/2005 1. Approve agreement of merger Management Yes For For 2. Grant the persons named proxies authority to vote to adjourn or postpone meetings Management Yes For For CMGI Inc. CMGI 125750109 12/7/2005 1. Ratify Board of Directors Management Yes For For 2. Approve 2005 Non-Employee director plan Management Yes For For 3. Authorize Board of Directos to effect a 1 for 5 reverse stock spilt Management Yes For For 4. Authorize Board of Directos to effect a 1 for 10 reverse stock spilt Management Yes For For 5. Authorize Board of Directos to effect a 1 for 15 reverse stock spilt Management Yes For For 6. Authorize Board of Directos to effect a 1 for 20 reverse stock spilt Management Yes For For 7. Ratify apppointment of KMPG LLP Management Yes For For McData Corp. MCDTA 580031201 12/6/2005 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Deloitte & Touche LLP Management Yes For For Walgreens WAG 931422109 1/11/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Deloitte & Touche LLP X X X X 3. Approval of amended and restated executive stock option plan X X X X RDSA 780257804 12/16/2005 1. Approval of transaction in the merger proposal of the company and Shell petroleum Management Yes For For 2. First Amendment of the articles of association of the company Management Yes For For 3. Issue shares by the company Management Yes For For 4. Second Amendment of the Articles of Assocation of the company Management Yes For For 5. Merger of company w/ Shell Petroleum and amendment of articles of association of Shell Management Yes For For 6. Appointment of authorised representatives of the company Management Yes For For 7. Award of engagement to the auditor to examine the annual accounts for 2005 Management Yes For For Gateway GATEX 367829207 12/15/2005 1. Approve new investment management agreement between the fund & Gateway Fund Management Yes For For 2. Ratify appointment of Ernst & Young Management Yes For For Woodhead Industrials WDHD 979438108 2/2/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young Management Yes For For Analogic ALOG 32657207 1/27/2006 1. Ratify Board of Directors Management Yes For For 2. To act upon the shareholder proposal to declassification of the company's Board Management Yes Against Against Varian Semiconductors VSEA 922207105 2/9/2006 1. Ratify Board of Directors Management Yes For For 2. Approve 2006 Stock Incentive Plan Management Yes Against Against 3. Approve 2006 Management incentive plan Management Yes Against Against 4. Approve amendment to Employee Stock Purchase Plan to Increase shares Management Yes Against Against 5. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For Charlotte Rousse CHIC 161048103 2/7/2006 1. Ratify Board of Directors Management Yes For For 2. Increase 1,000,000 Shares the aggregate number of shares under 1999 Equity Plan Management Yes Against Against Emerson Electric EMR 391011104 2/7/2006 1. Ratify Board of Directors Management Yes For For 2. Approve 2006 Stock Incentive Plan Management Yes For For 3. Ratification of independent registered public accounting firm Management Yes For For 4. Proposal on severance agreements described in the Proxy Statement Stockholder Yes Against For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ---------------- ------ --------- --------- ------------------------------------- ----------- -------- ------- ----------- CDNR 12738N103 2/8/2006 1. Approval of name change to Aurora Management Yes For For Oil & Gas Corporation 2. Approval of ratification of Management Yes For For Article II, Section 6 of bylaws 3. Approval of an increase in the Management Yes For For Company's authorized shares to 250,000,000 shares Cadence SYNO 87162G105 2/27/2006 1. Approval of name change to Management Yes For For Aurora Oil & Gas Corporation 2. Approve 2006 Stock Incentive Management Yes For For Plan Lucent LU 549463107 2/15/2006 1. Ratify Board of Directors Management Yes For For Technologies 2. Ratify appointment of Management Yes For For Pricewaterhousecoopers LLP 3. Approv amendment to approve an Management Yes For For amendment restated certificate of incorporation 4. Proposal regarding disclosure of Stockholder Yes Against For political contributions 5. Proposal requesting future cash Stockholder Yes Against For bonus contingent of restoration of retiree benefits 6. Proposal regarding performance Stockholder Yes Against For based equity compensation 7. Proposal to exclude non-cash Stockholder Yes Against For pension credit from earnings for executive officers Sunterra SNRR 86787D208 2/22/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Grant Management Yes For For Thornton LLP ICO Inc. ICOC 449293109 3/14/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of the amendment Management Yes For For 1998 Stock Option plan 3. Ratification of the amendment to Management Yes Against Against 1993 Stock option plan Plato Learning TUTR 72764Y100 3/2/2006 1. Ratify Board of Directors Management Yes For For 2. Approve 2006 Stock Incentive Management Yes For For Plan 3. Ratify appointment of Management Yes For For Pricewaterhousecoopers LLP Isabelle Small IZZY 44928J105 4/18/2006 1. Ratify Board of Directors Management Yes For For Company Fund 2. Approval of new investment Management Yes For For advisory agreement between the Fund and Ironwood Hewlette Packard HPQ 428236103 3/15/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of independent Management Yes For For registered public accounting firm for fiscal year 3. Proposal to approve company Management Yes Against For 2005 pay for results plan 4. Proposal entitled "recoup Stockholder Yes Against For unearned management bonuses" Analogic ALOG 32654105 3/14/2006 1. Ratify Board of Directors Management Yes For For 2. Approve 2006 Stock incentive Management Yes For For plan 3. Ratify appointment of Ernst & Management Yes Against For Young 4. Initiate the appropriate Stockholder Yes Against For process to amend the company's governance document Datastream DSTM 238124101 3/28/2006 1. Adopt the agreement and plan of Management Yes For For merger 2. Grant discretionary authority to Management Yes For For adjourn special meeting if necessary Westaff WSTF 957070105 4/19/2006 1. Ratify Board of Directors Management Yes For For 2. Approval of 2006 Stock Incentive Management Yes Against Against Navigant FLYR 63935R108 4/18/2006 1. Ratify Board of Directors Management Yes For For International Progress PRGS 743312100 4/20/2006 1. Ratify Board of Directors Management Yes For For Softweare 2. Fix the numbers of directors Management Yes For For constituting a full board at five 3. Act upon proposal to amend the Management Yes For For Company's 1997 Stock Incentive plan to increase shares Borland Software BORL 815807102 4/19/2006 1. Approve merger as of Feb. 07, Management Yes For For 2006 with Borland Software 2. Approve one or more Management Yes For For adjournments to permit further solicitation of proxies Tempur-pedic TPX 88023U101 4/28/2006 1. Ratify Board of Directors Management Yes For For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ---------------- ------ --------- --------- ------------------------------------ ----------- -------- ------- ----------- 2. Ratify appointment of Ernst & Management Yes For For Young Gannett Co. GCI 364730101 4/18/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Management Yes For For Young 3. Reapprove the material terms of Management Yes For For performance measures in 2001 Omnibus Incentive plan 4. Shareholder proposal concerning Shareholder Yes Against For election of directors 5. Shareholder proposal concerning Shareholder Yes Against For independent board chairman State Street STT 957477103 4/19/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Management Yes For For Young 3. Approve the 2006 Equity Management Yes For For Incentive Plan 4. Approve materials terms of the Management Yes For For 2006 restated senior executive annual incentive plan 5. Shareholder proposal to request Shareholder Yes Against For the directors to redeem the outstanding rights General Electric GE 369604103 4/26/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of independent Management Yes For For auditors 3. Cumulative voting Shareholder Yes Against For 4. Curb over extended directos Shareholder Yes Against For 5. Independent Board Chairman Shareholder Yes Against For Director election majority vote Shareholder Yes Against For standard 6. Report global warming science Unisys UIS 909214108 4/20/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of independent CPA Management Yes For For firm Bank of America BAC 60505104 4/26/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of independent CPA Management Yes For For firm 3. Adopt an amendment to 2003 Key Management Yes For For Associate Stock Plan 4. Stockholder proposal - political Shareholder Yes For Against contributions 5. Sotckholder proposal - majority Shareholder Yes Against For voting in director elections 6. Stockholder proposal for Shareholder Yes Against For independent board chairman 7. Sotckholder proposal - equal Shareholder Yes Against For opportunity policy The Stanley SWK 854616109 4/26/2006 1. Ratify Board of Directors Management Yes For For Works 2. Ratify appointment of Ernst & Management Yes For For Young 3. Approve Stanley Works 2006 Management Yes For For Management Incentive Plan 4. Approve Amendments to the Management Yes For For Stanley works 2001 Long term incentive plan 5. To vote on a shareholder proposal Shareholder Yes Against For urging board of directors elected annually AT&T T 00206R102 4/28/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of independent Management Yes For For auditors 3. Approve 2006 Incentive Plan Management Yes For For 4. Amendment to restated ceritifcate Management Yes For For of incorporation 5. Stockholder proposal A Shareholder Yes Against For 6. Stockholder proposal B Shareholder Yes Against For 7. Sotckholder proposal C Shareholder Yes Against For 8. Stockholder proposal D Shareholder Yes Against For 9. Stockholder proposal E Shareholder Yes Against For 10. Stockholder proposal F Shareholder Yes Against For Wyeth WYE 983024100 4/27/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of registered public Management Yes For For accouting firm 3. Adopt non-employee director Management Yes For For stock incentive plan 4. Limiting supply of prescription Shareholder Yes Against For drugs in canada 5. Disclosure of political Shareholder Yes Against For contributions 6. Disclosure of animal welfare Shareholder Yes Against For policy
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MATTER PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE VOTED ON BY VOTE VOTED MGMT - ----------------------- ------ --------- --------- ----------------------------- ----------- -------- ------- ----------- 7. Election of Directors of Majority vote Shareholder Yes Against For 8. Separating roles of chairman and CEO Shareholder Yes Against For 9. Adoption of simple majority vote Shareholder Yes Against For Freescale semiconductor FSL 35687M206 4/21/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of registered public accouting firm Management Yes For For Dupont DD 263534109 4/26/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of registered public accouting firm Management Yes For For 3. Executive compensation Shareholder Yes Against For 4. Genetically modified food Shareholder Yes Against For 5. Performance based compensation Shareholder Yes Against For 6. PFOA Shareholder Yes Against For 7. Chemical Facility security Shareholder Yes Against For International Business Machine IBM 459200101 4/25/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of independent auditors Management Yes For For 3. Cumulative voting Shareholder Yes Against For 4. Pension and retirement medical Shareholder Yes Against For 5. Executive compensation Shareholder Yes Against For 6. Disclosure of executive compensation Shareholder Yes Against For 7. Offshoring Shareholder Yes Against For 8. Chna business principles Shareholder Yes Against For 9. Political contributions Shareholder Yes Against For 10. Majority voting directors Shareholder Yes Against For 11. Simple majority vote Shareholder Yes Against For Edison International EIX 281020107 4/27/2006 1. Ratify Board of Directors Management Yes For For Johnson and Johnson JNJ 478160104 4/27/2006 1. Ratify Board of Directors Management Yes For For 2. Restated Certificate of incorporation Management Yes For For 3. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For 4. Proposal of charitable contributions Management Yes Against For 5. Proposal on majority voting requirements for director nominees Management Yes Against For NMS Communications NMSS 629248105 4/27/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For Olin OLN 680665205 4/27/2006 1. Ratify Board of Directors Management Yes For For 2. Proposal to approve Olin Corporation 2006 Long Term Incentive Plan Management Yes Against Against 3. Ratification of independent auditors Management Yes For For Bellsouth BLS 79860102 4/24/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of independent registered public accounting firm Management Yes For For 3. Shareholder proposal for disclosure of political contributions Shareholder Yes For Against Wells Fargo WFC 949746101 4/25/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of KPMG LLP Management Yes For For 3. Stockholder proposal regarding a director election by law Shareholder Yes Against For 4. Stockholder proposal regarding separation of Board Chair and CEO Shareholder Yes Against For 5. Stockholder proposal regarding director of compensation Shareholder Yes Against For 6. Stockholder proposal regarding a report on home mortgage disclosure act Shareholder Yes Against For Russell CP Deleware RML 782352108 4/26/2006 1. Ratify Board of Directors Management Yes Against Against American Electric Power AEP 25537101 4/28/2006 1. Ratify Board of Directors Management Yes For For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - --------------------- ------ --------- --------- --------------------------------------- ----------- -------- ------- ----------- 2. Ratification of independent registered public accounting firm N/A LaSalle Hotel Properties LHO 517942108 4/20/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of KPMG LLP Management Yes For For 3. To Consider and act upon other matters that may be brought before the annual meeting Management Abstain Abstain Abstain Progressive CP PGR 743315103 4/21/2006 1. Ratify Board of Directors Management Yes For For 2. Proposal to approve an amendment to the company's articles of incorporation Management Yes For For 3. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For Eaton CP ETN 278058102 4/26/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young Management Yes For For Bank of New York BK 64057102 4/11/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of auditors Management Yes For For 3. Shareholder proposal with respect to cumulative voting Shareholder Yes Against For 4. Shareholder proposal with respect to reimbursement of expenses Shareholder Yes Against For Applied Materials AMAT 38222105 3/22/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of KPMG LLP Management No n/a n/a BP Petroleum BP 55622104 4/20/2006 1. Ratify Board of Directors Management Yes For For 2. To receive the directors annual report and the accounts Management Yes For For 3. To approve the directors remuneration report Management Yes For For 4. To reappoint Ernst & Young LLP Management Yes For For 5. Special Resolution to give authority to allot a limited authority for purchase of own shares Management Yes For For 6. Give authority to allot shares up to specified amount Management Yes For For 7. Special resolution to give authority to allot limited number of shares for cash Management Yes For For Coca Cola KO 191216100 4/19/2006 1. Ratify Board of Directors Management Yes For For 2. To reappoint Ernst & Young LLP Management Yes For For 3. Approval of an amendment to the 1989 Stock Plan Management Yes For For 4. Shareholder proposal regarding charitable contributions Shareholder Yes Against For 5. Shareholder proposal that company report implementation of container recycling Shareholder Yes Against For 6. Shareholder proposal regarding restricted Stock Shareholder Yes Against For 7. Shareholder proposal regarding environmental impacts of operations in india Shareholder Yes Against For 8. Shareholder proposal regarding an independent delegation of inquiry to Columbia Shareholder Yes Against For Citigroup SPU 172967101 4/18/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of KPMG LLP Management Yes For For 3. Amend article fourth of restated certificate of incorporation Management Yes For For 4. Amend article eighth of restated certificate of incorporation Management Yes For For 5. Amend article ninth of restated certificate of incorporation Management Yes Against For 6. Stockholder proposal requesting no future new stock option grants Shareholder Yes Against For 7. Stockholder proposal requesting a report on political contributions Shareholder Yes Against For 8. Stockholder proposal requesting a report on charitable contributions Shareholder Yes Against For 9. Stockholder proposal requesting adoption of a policy regarding performance compensation Shareholder Yes Against For 10. Stockholder proposal requesting reimbursement of expenses Shareholder Yes Against For 11. Stockholder proposal requesting chairman of the board have no management duties Shareholder Yes Against For 12. Stockholder proposal requesting the recoupment of management bonuses Shareholder Yes Against For Nuance Communications NUAN 67020Y100 3/31/2006 1. Ratify Board of Directors Management Yes For For 2. To Approve the amended and restated 2000 Stock Plan Management Yes For For 3. Approve the amended and restated 1995 Directors Stock option Management Yes For For 4. Approve the amended and restated 1995 employee stock purchase Management Yes For For 5. Ratify appointment of BDO Seidman LLP Management Yes For For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ---------------- ------ --------- --------- ------------------------------------ ----------- -------- ------- ----------- Kellogg K 487836108 4/21/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of auditors Management Yes For For 3. Approval of senior executive incentive plan Management Yes For For 4. Prepare sustainability report Shareholder Yes Against For Mellon Financial MEL 58551A108 4/18/2006 1. Ratify Board of Directors Management Yes For For 2. Approve the adoption of Mellon financial corp equity plan Management Yes For For 3. Shareholder proposal Shareholder Yes Against For 4. Ratify appointment of KPMG LLP Management Yes Against For Invitrogen IVGN 46185R100 4/21/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of Ernst and Young Management Yes For For 3. Amendment of 1998 Employee Stock Purchase plan Management Yes For For 4. Amendment of the company's restated certificate of incorporation Management Yes For For Merrill Lynch MER 590188108 4/28/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of Deloitte and Touche LLP Management No N/a N/a 3. Institute cumulative voting Shareholder No N/a N/a 4. Submit director compensation to shareholders for annual approval Shareholder No N/a N/a 5. Submit Management development and compensation committee report Shareholder No N/a N/a Pfizer PFE 717081103 4/27/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of KPMG LLP Management Yes For For 3. Amend company's restated certificate of incorporation Management Yes For For 4. Shareholder proposal relating to term limits for directors Shareholder Yes Against For 5. Shareholder proposal requesting pharmaceutical price restraint Shareholder Yes Against For 6. Shareholder proposal relating to cumulative voting Shareholder Yes Against For 7. Shareholder proposal requesting separation of chairman and CEO Shareholder Yes Against For 8. Shareholder proposal requesting a report on political contributions Shareholder Yes Against For 9. Shareholder proposal requesting a report on the feasibility of amending on lab animal care Shareholder Yes Against For 10. Shareholder proposal requesting justifying contributions to animal testing methodologies Shareholder Yes Against For Chevron Corp. CVX 166764100 4/26/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of independent registered public accounting firm Management Yes For For 3. Amend company by-laws to include proponent reimbursement Shareholder Yes Against For 4. Report on Oil and Gas drilling in protected areas Shareholder Yes Against For 5. Report on political contributions Shareholder Yes Against For 6. Report on animal welfare policies Shareholder Yes Against For 7. Report on human rights Shareholder Yes Against For 8. Report on Ecuador Shareholder Yes Against For Merck MRK 589331107 4/25/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of independent registered public accounting firm Management Yes For For 3. Proposal to adopt 2007 incentive stock plan Management Yes Against Against 4. Proposal to adopt the 2006 non- employee directors stock option Management Yes Against Against 5. Stockholder proposal concerning stock options awards Shareholder Yes For Against 6. Stockholder proposal concerning non-director shareholder votes Shareholder Yes For Against 7. Stockholder proposal concerning animal welfare policy Shareholder Yes Against For Kimberly-Clark KMB 494368103 4/27/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of auditors Management Yes For For 3. Stockholder proposal regarding classified board Shareholder Yes Against For 4. Stockholder proposal regarding adoption of global human rights standards Shareholder Yes Against For 5. Stockholder proposal regarding majority voting Shareholder Yes Against For 6. Stockholder proposal requesting a report on sustainable forestry practices Shareholder Yes Against For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ----------------- ------ --------- --------- -------------------------------------- ---------- -------- ------- ----------- Duquesne Light DQE 266233105 5/25/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of Deloitte and Touche LLP Management Yes For For EMS Technologies ELMG 26873N108 5/19/2006 1. Ratify Board of Directors Management Yes For For Chemtura CEM 163893100 4/27/2006 1. Ratify Board of Directors Management Yes For For 2. Approval of proposal to amend company's certificate of incorporation Management Yes For For 3. Approval of 2006 corporation long term incentive plan Management Yes Against Against Technitrol Inc. TNL 878555101 5/17/2006 1. Ratify Board of Directors Management Yes For For Cimarex Energy XEC 171798101 5/17/2006 1. Ratify Board of Directors Management Yes For For 2. Approval of performance goals applicable to awards of restricted stocks Management Yes For For 3. Ratify appointment of KPMG LLP Management Yes For For Dynegy Inc. DYN 26816Q101 5/17/2006 1. Ratify Board of Directors Management Yes For For 2. Proposal to amend articles of Incorporation to remove max. and min. number of directors Management Yes For For 3. Proposal to amend and restate articles of incorporation to eliminate provisions Management Yes For For 4. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For Denbury Resources DNR 247916208 5/10/2006 1. Ratify Board of Directors Management Yes For For 2. Proposal to consider stockholder proposal regarding performance based options Management Yes Against For 3. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For Railpower Tech Corp. RLPPF 750758104 5/8/2006 1. Ratify Board of Directors Management Yes For For P. 2. Ratify appointment of KPMG LLP Management Yes For For 3. To approve the amendments to the articles of corporation Management Yes Against Against GSI Group GSIG 36229U102 5/11/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young LLP Management Yes For For 3. Approval of company's adoption of 2006 Equity Incentive Plan Management Yes For For Strategic Inc. CFD 862700101 5/16/2006 1. Ratify Board of Directors Management Yes For For Sunopta Inc. STKL 8676EP108 5/17/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For Rewards Network IRN 761557107 5/23/2006 1. Ratify Board of Directors Management Yes For For 2. Approve the company's 2006 long term incentive plan Management Yes Against Against Mentor Graphics MENT 587200106 5/18/2006 1. Ratify Board of Directors Management Yes For For 2. Proposal to amend the company's 1987 non-employee directors stock option plan Management Yes Against Against 3. Proposal to amend the company's 1989 employee stock purchase plan Management Yes Against Against 4. Ratify appointment of KPMG LLP Management Yes For For Teletech Holdings TTEC 879939106 5/25/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young LLP Management Yes For For Chiquita Corp. CQB 170032809 5/25/2006 1. Ratify Board of Directors Management Yes For For 2. Approve to amend stock and incentive plan to increase shares Management Yes Against Against 3. Ratify appointment of Ernst & Young LLP Management Yes For For Steve Madden Inc. SHOO 556269108 5/26/2006 1. Ratify Board of Directors Management Yes For For 2. Approve of the adoption of the 2006 Stock incentive plan Management Yes For For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - -------------------- ------ --------- --------- -------------------------------------- ---------- -------- ------- ----------- 3. Ratify appointment of Eisner LLP Management Yes For For 4 Kids Entertainment KDE 350865101 5/25/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Eisner LLP Management Yes For For 3. Approve of the adoption of the 2006 long term incentive plan Management Yes Against Against Citizens First Banc. CTZN 17461R106 5/25/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of BDO Seidman LLP Management Yes For For USI Holdings USIH 90333H101 5/24/2006 1. Ratify Board of Directors Management Yes For For 2. Approval of amended and restated management incentive plan Management Yes For For 3. Approval of amended and restated 2002 Equity Incentive plan Management Yes For For Polyone Corp. POL 73179P106 5/25/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young LLP Management Yes For For PMA Capital PMACA 693419202 5/8/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Beard Miller Company LLP Management Yes For For Maxwell Tech MXWL 577767106 5/4/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of McGaldrey & Pullen LLP Management Yes For For Ceridian Corp. CEN 156779100 5/11/2006 1. Ratify Board of Directors Management Yes For For Footlocker FL 344849104 5/24/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of independent registered public accounting firm Management Yes For For 3. Reapproval of the performance goals under long term incentive compensation plan Management Yes For For Proliance International PLI 74340R104 5/4/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of BDO Seidman LLP Management Yes For For Softbrand Inc. SBN 83402A107 5/4/2006 1. Ratify Board of Directors Management Yes For For 2. Approve to amend 2001 stock incentive plan to increase shares Management Yes Against Against 3. Approval to amend the 2001 stock incentive plan to add evergreen provision Management Yes Against Against Aquila Inc. ILA 03840P102 5/3/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of KPMG LLP Management Yes For For Mocon Inc. MOCO 607494101 5/18/2006 1. Ratify Board of Directors Management Yes For For 2. Approve 2006 stock incentive plan Management Yes Against Against 3. Ratify appointment of KPMG LLP Management Yes For For Hanover Insurance Group. THG 410867105 5/16/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For 3. Approval of 2006 long term incentive plan Management Yes For For Xerox XRX 984121103 5/24/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For 3. Shareholder proposal relating to election of directors by majority vote Management Yes Against For 4. Shareholder proposal relating to senior executive bonuses Management Yes Against For Quadramed Corp. QD 74730W101 5/11/2006 1. Ratify Board of Directors Management Yes For For 2. Approve and ratify certain technical tax-related amendments to 2004 stock incentive plan Management Yes For For 3. Approve and ratify and amendment to the 2002 employee stock purchase plan Management Yes For For 4. Approve BDO Seidman LLP as independent registered public accountants Management Yes For For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ---------------------- ------ --------- --------- -------------------------------------- ---------- -------- ------- ----------- Celsion Corp. CLN 15117N305 5/23/2006 1. Ratify Board of Directors Management Yes For For 2. Approve an amendment to the certificate of incorporation Management Yes For For 3. Ratify the selection of Stegman & Company as independent registered public accountants Management Yes For For 4. Grant the proxy holders discretionary authority for the annual meeting Management Yes For For Sirius Satellite SIRI 82966U103 5/23/2006 1. Ratify Board of Directors Management Yes For For Per-Se Tech. PSTI 713569309 5/25/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young LLP Management Yes For For 3. Approve the long term incentive plan Management Yes For For Southern Co. SO 842587107 5/24/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of Deloitte and Touche LLP Management Yes For For 3. Approval of the southern company omnibus incentive plan Management Yes For For American International Group AIG 26874107 5/17/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For 3. Adoption of an executive incentive plan Management Yes Against Against Lenox Group LNX 526262100 5/17/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of Deloitte and Touche LLP Management Yes For For Newport Corp. NEWP 651824104 5/17/2006 1. Ratify Board of Directors Management Yes For For 2. Approval of 2006 performance based stock incentive Management Yes For For Cedar Fair LP FUN 150185106 5/18/2006 1. Ratify Board of Directors Management NO For For Biogen Idec. BIIB 09062X103 5/25/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For 3. Approve 2006 non-employee directors equity plan Management Yes For For US Airways Group LCC 90341W108 5/17/2006 1. Ratify Board of Directors Management NO For For 2. Ratify appointment of KPMG LLP Management NO For For Trinity Industries TRN 896522109 5/15/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young LLP Management Yes For For YRC Worldwide YRCW 984249102 5/16/2006 1. Ratify Board of Directors Management Yes For For Kilroy Realty KRC 49427F108 5/18/2006 1. Ratify Board of Directors Management NO For For 2. Approval of 2006 Incentive award plan Management NO For For Manulife Financial Corp. MFC 56501R106 5/4/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young LLP Management Yes For For Church Dwight Corp. CHD 171340102 5/4/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of Deloitte and Touche LLP Management Yes For For Norfolk Southern Corp. NSC 655844108 5/11/2006 1. Ratify Board of Directors Management NO For For 2. Ratify appointment of KPMG LLP Management NO For For Sypris Solutions SYPR 871655106 5/2/2006 1. Ratify Board of Directors Management Yes Against Against Lesco Inc. LSCO 526872106 5/10/2006 1. Ratify Board of Directors Management Yes For For Saga Communications SGA 786598102 5/15/2006 1. Ratify Board of Directors Management Yes For For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ---------------------- ------ --------- --------- -------------------------------------- ------------ -------- ------- ----------- 2. Ratify appointment of Ernst & Young LLP Management Yes For For Odyssey Healthcare ODSY 67611V101 5/4/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young LLP Management Yes For For Hartfor Financial HIG-PA 416515104 5/17/2006 1. Ratify Board of Directors Management NO For For 2. Ratification of Deloitte and Touche LLP Management NO n/a n/a Airtran Holdings AAI 00949O108 5/23/2006 1. Ratify Board of Directors Management Yes For For 2. Amend company's 2002 long term incentive compensation plan Management Yes For For ITT Industrials ITT 450911102 5/9/2006 1. Ratify Board of Directors Management No For For 2. Ratification of Deloitte and Touche LLP Management No n/a n/a 3. Proposal to amend restated articles of incorporation Management No n/a n/a Vertex Pharmaceuticals VRTX 92532F100 5/11/2006 1. Ratify Board of Directors Management No For For 2. Approval of incorporated 2006 stock and option plan Management No n/a n/a Thermo-electron Corp. TMO 883556102 5/24/2006 1. Ratify Board of Directors Management No For For 2. Ratification of independent auditors Management No n/a n/a 3. Stockholder proposal regarding the vote standard for director elections Shareholder No n/a n/a Olin Corporation OLN 680665205 4/27/2006 1. Ratify Board of Directors Management Yes For For 2. Proposal to approve 2006 long term incentive plan Management Yes Against Against 3. Ratification of appointment of independent registered public accounting firm Management Yes For For Tessera Technologies TSRA 88164L100 5/18/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For 3. Approval of 2003 equity incentive plan Management Yes For For Genitope Corp. GTOP 37229P507 6/9/2006 1. Ratify Board of Directors Management Yes For For Cray Inc. CRAY 225223106 6/6/2006 1. Ratify Board of Directors Management Yes For For 2. Approval of an amendment to effect a one for four reverse stock split Management Yes For For 3. Approval of an amendment to increase the authorized common stock Management Yes For For 4. Approval of our 2006 long term equity compensation plan Management Yes For For Comcast Corporation CCT 20030N101 5/18/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of independent auditors Management Yes For For 3. 2002 Employee Stock Purchase Plan Management Yes For For 4. 2002 Restricted Stock Plan Management Yes For For 5. 2006 Cash Bonus Plan Management Yes For For 6. Prevent the issuance of new stock options Shareholder Yes Against For 7. Require that the chairman of the board not be an employee Shareholder Yes Against For 8. Limit compensation for management Shareholder Yes Against For 9. Adopt recapitalization plan Shareholder Yes Against For 10. Establish a majority vote shareholder committee Shareholder Yes Against For JP Morgan Chase JPT 46625H100 5/16/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of independent registered public accounting firm Management Yes For For 3. Stock Options Shareholders Yes Against For 4. Performance based restricted stock Shareholders Yes Against For 5. Separate chairman Shareholders Yes Against For 6. Sexual Orientation Shareholders Yes Against For 7. Special Shareholder meetings Shareholders Yes Against For 8. Lobbying priorities report Shareholders Yes Against For
Page 12
PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - -------------------- ------ --------- --------- -------------------------------------- ------------ -------- ------- ----------- 9. Political contributions report Shareholders Yes Against For 10. Poison Pill Shareholders Yes Against For 11. Cumulative voting Shareholders Yes Against For 12. Bonus recoupment Shareholders Yes Against For 13. Overcomitted directors Shareholders Yes Against For CBS Corporation CBS 124857103 5/25/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For 3. Proposal to approve the amended and restated 2004 long term incentive plan Management Yes For For 4. Proposal to approve the amended and restated 2000 Stock option plan for outsid directors Management Yes For For 5. Proposal to approve the amended and restated 2005 RSY plan for outside directors Management Yes For For 6. Shareholder proposal for the recapitalization plan Shareholder Yes Against For Dow Industrials DOW 260543103 5/11/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of independent registered public accounting firm Management Yes For For 3. Stockholder proposal on Bhopal Shareholder Yes Against For 4. Stockholder proposal on genetically engineered seed Shareholder Yes Against For 5. Stockholder proposal on chemical links to respiratory problems Shareholder Yes Against For 6. Stockholder proposal on security of chemical facilities Shareholder Yes Against For Teva Pharmaceuticals TEVA 881624209 5/4/2006 1. Consolidated balance sheet Management Yes For For 2. Approve board of directors recommended that cash dividend be declared final Management Yes For For 3. Appoint Prof. Gabriela Shalev as a statutory independent director for 3 more years Management Yes For For 4A. Elect the following director to serve three year term - Dr. Phillip Frost Management Yes For For 4B. Elect the following director to serve three year term - Carlo Salvi Management Yes For For 4C. Elect the following director to serve three year term - David Shamir Management Yes For For 5. Approve the purchase of directors and officer's liability insurance Management Yes For For 6. Approve amendment to section 60(E) of the articles of association Management Yes For For 7. Approve increase in the renumeration paid to directors Management Yes For For 8. Appoint Kesselman & Kesselman as independent registered public accountants Management Yes For For 3M MMM 88579Y101 5/9/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For 3. Amend certificate of incorporation Management Yes For For 4. Stockholder proposal regarding executive compensation Shareholder Yes Against For 5. Stockholder proposal regarding animal welfare policy Shareholder Yes Against For 6. Stockholder proposal regarding business operations in china Shareholder Yes Against For Union Pacific UNP 907818108 5/4/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Deloitte and Touche Management Yes For For 3. Shareholder proposal regarding majority voting Shareholder Yes Against For 4. Shareholder proposal regarding political contributions Shareholder Yes Against For 5. Shareholder proposal regarding independent chairman Shareholder Yes Against For Illinois Tool Works ITW 452308109 5/5/2006 1. Ratify Board of Directors Management Yes For For 2. Amendment of certificate of incorporation Management Yes For For 3. Approval of 2006 Stock incentive plan Management Yes For For 4. Ratification of Deloitte and Touche Management Yes For For 5. Vote on stockholder proposal reguiring implementation of business principles in China Shareholder Yes Against For 6. Vote on Stockholder proposal requiring a majority vote for election of directors Shareholder Yes Against For EMC Corporation EMC 268648102 5/4/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers LLP Management Yes For For 3. Proposal to election of directors by majority vote Shareholder Yes Against For 4. Proposal to pay for superior performance Shareholder Yes Against For 5. Proposal relating to annual elections of directors Shareholder Yes Against For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - --------------------- ------ --------- --------- ------------------------------------ ------------ -------- ------- ----------- 6. Proposal to audit committee Shareholder Yes Against For Scherling -Plough SGP 806605101 5/19/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Deloitte and Touche Management Yes For For 3. Approve amendments to provide for annual election of directors Management Yes For For 4. Approve directors compensation plan Management Yes For For 5. Approve 2006 Incentive Plan Management Yes For For 6. Proposal on majority vote standard for election of directors in certificate of incorporation Shareholder Yes Against For 7. Proposal on majority vote on the greatest number of governance issues practicable Shareholder Yes Against For JC Penney's JCP 708160106 5/19/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of KPMG LLP Management Yes For For 3. Consider a management proposal to amend the company's certificate of incorporation Management Yes For For 4.Stockholder proposal relative to executive compensation Shareholder Yes Against For Verizon VZ 92343V104 5/4/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of independent registered public accounting firm Management Yes For For 3. Cumulative voting Shareholders Yes Against For 4. Majority vote requirted for election of directors Shareholders Yes Against For 5. Composition of board of directors Shareholders Yes Against For 6. Directors on common board Shareholders Yes Against For 7. Separate chairman and CEO Shareholders Yes Against For 8. Performance based equity compensation Shareholders Yes Against For 9. Disclosure of political contributions Shareholders Yes For Against Pepsico. PEP 713448108 5/3/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of independent registered public accounting firm Management Yes For For 3. Political contributions Shareholders Yes For Against 4. Charitable contributions Shareholders Yes Against For Motorola MOT 620076109 5/1/2006 1A. Election of E. Zander Management Yes For For 1B. Election of H.L Fuller Management Yes For For 1C. Election of J. Lewent Management Yes For For 1D. Election of T. Meredith Management Yes For For 1E. Election of N. Negroponte Management Yes For For 1F. Election of I. Nooyi Management Yes For For 1G. Election of S. Scott III Management Yes For For 1H. Election of R. Sommer Management Yes For For 1I. Election of J. Stengel Management Yes For For 1J. Election of D. Warner Management Yes For For 1K. Election of J. White Management Yes For For 1L. Election of M. White Management Yes For For 2. Adoption of Motorola Omnibus incentive plan Management Yes For For 3. Redeem or vote poison pill Shareholder Yes Against For Visteon Corporation VC 92839U107 5/10/2006 1. Ratify Board of Directors Management No 2. Ratify appointment of Pricewaterhousecoopers LLP Management No 3. Approve amendment to the 2004 Incentive Plan Management No 4. Approve an amendment to non- employee director stock unit plan Management No 5. Proposal relating to annual election of directors Shareholders No Royal Dutch Shell PLC RDS 780259206 5/16/2006 1. Ratify Board of Directors Management No 2. Adoption of annual reports and accounts Management No 3. Approval of renumeration report Management No 4. Re-appointment of auditors Management No 5. Authority of allot shares Management No
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ------------------- ------ --------- --------- ------------------------------------- ----------- -------- ------- ----------- 6. Disapplication of pre-emption rights Management No 7. Authority to purchase own shares Management No 8. Authority for certain donations and expenditures Management No 9. Shareholder resolution Shareholder No BB&T Corp. BBT 54937107 4/25/2006 1. Ratify Board of Directors Management No 2. Approve Article III, Section 2 to eliminate the classified board Management No 3. Approve amendment to Article III, Sect. 2 to eliminate national bank director qualifications Management No 4. Re-approve short term incentive plan Management No 5. Ratify appointment of Pricewaterhousecoopers LLP Management No Sepracor, Inc. SEPR 817315104 5/18/2006 1. Ratify Board of Directors Management No 2. Approve amendment to our 2000 Stock incentive plan Management No 3. Approve amendment to our 1998 employee stock purchase plan Management No 4. Ratify appointment of Pricewaterhousecoopers LLP Management No Raytheon Company RTN 755111507 5/3/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of independent auditors Management Yes For For 3. Terms of performance awards under long term incentive plan Management Yes For For 4. Majority voting for directors Shareholder Yes Against For 5. Cumulative voting Shareholder Yes Against For 6. Supplemental executive retirement plan Shareholder Yes Against For 7. Independent board chairman Shareholder Yes Against For Glaxosmithkline GSK 37733W105 5/17/2006 O1. Receive and adopt the directors report and financial statements Management Yes For For O2. Approve renumeration report Management Yes For For O3. Elect Dr. Moncef Slaoui as a director Management Yes For For O4. Re-elect Mr. Tom De Swann as a director Management Yes For For O5. Re-elect Mr. Larry Culp Management Yes For For O6. Re-elect Sir Crispin David Management Yes For For O7. Re-elect Dr. Ronaldo Schmitz Management Yes For For O8. Re-appointment of auditors Management Yes For For O9. Renumeration of auditors Management Yes For For S10. Authorise the company to make donations to EU political organizations Management Yes For For S11. Authority to allot shares Management Yes For For S12. Disapplication of pre-emption right Management Yes For For S13. Authority for the company to purchase own shares Management Yes For For Pro-Pharmaceuticals PRW 74267T109 5/25/2006 1. Ratify Board of Directors Management Yes For For 2. Approval to issue shares of common stock underlying 7% Management Yes For For 3. Ratification of appointment of Deloitte and Touche LLP Management Yes For For Zimmer Holdings ZMH 98956P102 5/1/2006 1. Ratify Board of Directors Management No 2. Approval of 2006 Stock Incentive Plan Management No 3. Auditor Ratification Management No 4. Stockholder proposal to elect each director annually Shareholder No Google Inc. GOOG 38259P508 5/11/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Ernst & Young LLP Management Yes For For 3. Approval of 2004 Stock Plan to increase number of shares Management Yes For For 4. Proposal to request that the board take step to adopt recapitalization plan Shareholder Yes Against For Intel Corporation INTC 458140100 5/4/2006 1. Ratify Board of Directors Management Yes For For 2. Amend of second restated certificate of incorporation Management Yes For For 3. Amend ceritificate of incorporation to repeal Article 7 & 12 Management Yes For For 4. Ratify appointment of Ernst & Young Management Yes For For
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PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ------------------ ------ --------- --------- -------------------------------------- ----------- -------- ------- ----------- 5. Approve 2006 Equity Incentive Plan Management Yes For For 6. Approve 2006 Stock Purchase plan Management Yes For For Safeway Inc SWY 786514208 5/25/2006 1. Ratify Board of Directors Management Yes For For 2. Reapproval of operated performance based bonus plan for executive officers Management Yes Against Against 3. Ratify appointment of Deloitte and Touche LLP Management Yes For For 4. Stockholder proposal requesting cumulative voting Shareholder Yes For Against 5. Stockholder proposal requesting separate vote on golden pay Shareholder Yes For Against 6. Proposal requesting creation of formal mechanism for dialogue Shareholder Yes For Against 7. Proposal requesting the labeling of genetically engineered products Shareholder Yes For Against 8. Proposal requesting that the company issue a stability report Shareholder Yes For Against Gevity Inc. GVHR 374393106 5/18/2006 1. Ratify Board of Directors Management Yes For For Genitope GTOP 37229P507 6/9/2006 1. Ratify Board of Directors Management Yes For For Devon Energy DVN 25179M103 6/7/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of independent auditors Management Yes For For 3. Adoption of the amendment to 2005 long term incentive plan Management Yes For For Staples SPLS 855030102 6/6/2006 1. Ratify Board of Directors Management Yes For For 2. Approve an amendment to by- laws for the annula election of directors Management Yes For For 3. Ratify election of Ernst & Young LLP Management Yes For For 4. Shareholder proposal on director election majority vote Shareholder Yes Against For Walmart WMT 931142103 6/2/2006 1. Ratify Board of Directors Management Yes For For 2. Ratification of independent auditors Management Yes For For 3. Shareholder proposal regarding humane poultry slaughter Shareholder Yes For Against 4. Shareholder proposal regarding political contributions Shareholder Yes For Against 5. Shareholder proposal regarding director election majority Shareholder Yes For Against 6. Shareholder proposal regarding sustainability report Shareholder Yes For Against 7. Shareholder proposal regarding compensation disparity Shareholder Yes For Against 8. Shareholder proposal regarding an equity compensation glass ceiling report Shareholder Yes For Against Reynolds and Reynolds Company REY 761695105 6/15/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Deloitte and Touche Management Yes For For Caterpillar Inc. CAT 149123101 6/14/2006 1. Ratify Board of Directors Management Yes For For 2. Amend articles of incorporation Management Yes For For 3. Approve long term incentive plan Management Yes For For 4. Approve short term incentive plan Management Yes For For 5. Ratify auditors Management Yes For For 6. Stockholder proposal - declassify board Shareholder Yes For Against 7. Stockholder proposal - separate CEO & Chair Shareholder Yes For Against 8. Stockholder proposal - majority vote standard Shareholder Yes For Against Sirna Therapeutics RNAI 829669100 6/14/2006 1. Ratify Board of Directors Management Yes For For 2. Proposal to approve amendments to performance incentive Management Yes Against Against 3. Ratify election of Ernst & Young LLP Management Yes For For Healthtronics Inc. HTRN 42222L107 6/8/2006 1. Ratify Board of Directors Management Yes For For 2. Amend 2004 Equity incentive plan Management Yes For For Ariad ARIA 04033A100 6/14/2006 1. Ratify Board of Directors Management Yes For For 2. Adopt 2006 Long Term incentive plan Management Yes Against Against 3. Ratify selection of independent registered public accountants Management Yes For For
Page 16
PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ----------------- ------ --------- --------- ----------------------------------- ---------- -------- ------- ----------- Vivus VVUS 928551100 6/14/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Odenburg, Ullakko, Muranishi & Co. LLP Management Yes For For Hollis-Eden Pharmaceuticals HEPH 435902101 6/9/2006 1. Ratify Board of Directors Management Yes For For 2. Amend the 2005 Equity incentive plan Management Yes For For 3. Amend company's 2005 non- employee directors equity incentive plan Management Yes For For 4. Ratify selection of BDO Seidman LLP Management Yes For For Neopharm Inc. NEOL 640919106 6/19/2006 1. Ratify Board of Directors Management Yes For For 2. Approve the adoption of 2006 Employee stock plan Management Yes Against Against 3. Approve adoption of 2006 Equity Plan Management Yes Against Against 4. Ratify selection of KPMG LLP Management Yes For For HMS Holdings HMSY 40425J101 6/6/2006 1. Ratify Board of Directors Management Yes For For 2. Approve 2006 stock plan Management Yes For For
Page 17
PROPOSED DID FUND HOW FOR/AGAINST SECURITY TICKER CUSIP MTG DATE MATTER VOTED ON BY VOTE VOTED MGMT - ---------------------- ------ --------- --------- ------------------------------------- ----------- -------- -------- ----------- 4. Ratify selection of KPMG LLP Management Yes For For Cray Inc. CRAYD 225223106 6/6/2006 1. Ratify Board of Directors Management Yes For For 2. Approve a one for four reverse stock split Management Yes For For 3. Approve to increase the authorised common stock Management Yes For For 4. Approve 2006 Long Term equity compensation plan Management Yes For For Aleris International ARS 14477103 5/18/2006 1. Ratify Board of Directors Management Yes For For 2. Proposal to approve the amended 2004 equity incentive plan Management Yes For For 3. Ratify appointment of Ernst & Young LLP Management Yes For For Exelon Corp. EXC 30161N101 6/27/2006 1. Ratify Board of Directors Management No 2. Ratify independent accountant Management No 3. Shareholder proposal to require approval of future severance benefits Management No General Communications GNCMA 369385109 6/26/2006 1. Ratify Board of Directors Management Yes For For Value and Restructuring Fund 300722782 6/28/2006 1. Ratify Board of Directors Management Yes For For Material Sciences Corp. MSC 576674105 6/21/2006 1. Ratify Board of Directors Management Yes Withhold Against 2. Ratify appointment of Deloitte and Touche Management Yes Against Against 3. Authorize proxies to vote upon such other business as may properly come before meeting Management Yes Against Against Vicor Corp. VICR 925815102 6/21/2006 1. Ratify Board of Directors Management Yes For For Parrallel Petroleum Corp. PLLL 699157103 6/21/2006 1. Ratify Board of Directors Management Yes For For 2. Approval of selection of BDO Seidman, LLP Management Yes For For Fred Inc. FRED 356108100 6/21/2006 1. Ratify Board of Directors Management Yes For For 2. Approval of selection of BDO Seidman, LLP Management Yes For For Sonus Networks SONS 835916107 6/21/2006 1. Ratify Board of Directors Management Yes For For Nortel networks NT 656568102 6/29/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Deloitte and Touche Management Yes For For 3. Approve reconfirmation of nortel shareholder rights plan Management Yes For For 4. Resolution approving amendment to consolidate common stock shares Management Yes Against Against 5. Shareholder proposal No.1 Shareholder Yes Against Against 6. Shareholder proposal No. 2 Shareholder Yes Against Against Skyepharma PLC SKYE 830808101 6/28/2006 O1. Adoption of 2005 report and accounts Management Yes For For O2. Approval of Directors' renumeration report Management Yes For For O3. Reappointment and renumeration of the auditors Management Yes For For O4A. Re-election of Dr. David Ebsworh Management Yes For For O4B. Re-election of Donald Nicholson Management Yes For For O4C. Re-election of Stephen Harris Management Yes For For O4D. Re-election of Frank Condella Management Yes For For O4E. Re-election of Dr. Kenneth Cunningham Management Yes For For O5. Authority to allot relevant securities Management Yes For For S6. Disapplication of pre-emption rights Management Yes For For S7. Authority to make market purchases Management Yes For For Viewpoint VWPT 92672P108 6/21/2006 1. Ratify Board of Directors Management Yes For For 2. Ratify appointment of Pricewaterhousecoopers Management Yes For For 3. Adopt 2006 equity incentive plan Management Yes Against Against
Page 18 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. IRONWOOD ISABELLE SMALL COMPANY STOCK FUND By: /s/ Warren J. Isabelle ___________________________ Warren J. Isabelle, President Date: 08/24/2006 __________________________ -----END PRIVACY-ENHANCED MESSAGE-----