N-PX 1 n-pxpxpx.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-09277 Viking Mutual Funds -------------------------------------------------------------------------------- Exact name of registrant as specified in charter) 116 1st Street SW Suite C Minot, ND 58701 ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) Shannon D Radke 116 1st Street SW Suite C, Minot, ND 58701 -------------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 701-852-1264 Date of fiscal year end: December 31 Date of reporting period: Twelve month period ended June 30 Viking Small-Cap Value Fund -------------------------------------------------------------------------------- ALBANY INTERNATIONAL GROUP Ticker: AIN Security ID: 012348108 Meeting Date: May 12, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Miscellaneous compensation For For Management -------------------------------------------------------------------------------- A.O. SMITH CORPORATION Ticker: AOS Security ID: 831865209 Meeting Date: April 10, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify Appointment of independent For For Management auditors -------------------------------------------------------------------------------- APPLEBEE'S INTERNATIONAL Ticker: APPB Security ID: 037899101 Meeting Date: May 11, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Amend cash/stock bonus plan For For Management 3 Ratify appointment of independent For For Management auditors 4 Miscellaneous Shareholder Proposal For Against Shareholder -------------------------------------------------------------------------------- APTARGROUP, INC. Ticker: ATR Security ID: 038336103 Meeting Date: May 3, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- ARKANSAS BEST CORPORATION Ticker: ABFS Security ID: 040790107 Meeting Date: April 18, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors -------------------------------------------------------------------------------- BELDEN CDT INC Ticker: BDC Security ID: 077454106 Meeting Date: May 24, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Amend incentive stock option For For Management -------------------------------------------------------------------------------- BJ'S WHOLESALE Ticker: BJ Security ID: 05548J106 Meeting Date: May 25, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- BORGWARNER INC. Ticker: BWA Security ID: 099724106 Meeting Date: April 26, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Adopt/Amend Executive Incentive For For Management Bonus Plan 3 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- CBRL GROUP, INC. Ticker: CBRL Security ID: 12489V106 Meeting Date: November 22, 2005 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify Appointment of Independent For For Management Auditors -------------------------------------------------------------------------------- CHURCH & DWIGHT Ticker: CHD Security ID: 171340102 Meeting Date: May 4, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- CLAIRE'S STORES, INC. Ticker: CLE Security ID: 179584107 Meeting Date: June 27, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of auditors For For Management -------------------------------------------------------------------------------- CLARCOR INC. Ticker: CLC Security ID: 179895107 Meeting Date: March 27, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- CONMED CORPORATION Ticker: CNMD Security ID: 207410101 Meeting Date: May 16, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Adopt incentive stock option plan For For Management -------------------------------------------------------------------------------- GRANITE CONSTRUCTION INCORPORATED Ticker: GVA Security ID: 387328107 Meeting Date: May 22, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- Grey Wolf Ticker: GW Security ID: 397888 Meeting Date: May 16, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- IPC Holdings, LTD. Ticker: IPCR Security ID: G4933P Meeting Date: February 21, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor A Election of Directors For For Management B Ratify appointment of independent For For Management Auditors C Miscellaneous Corporate Governance For For Management -------------------------------------------------------------------------------- INTERNATIONAL RECTIFIER CORPORATION Ticker: IRF Security ID: 460254105 Meeting Date: November 21, 2005 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Amend stock purchase plan For For Management 3 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- LANDRY'S RESTAURANTS, INC. Ticker: LNY Security ID: 51508L103 Meeting Date: June 1, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- Maverick Tube Corp Ticker: MVK Security ID: 577914 Meeting Date: May 15, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors -------------------------------------------------------------------------------- MENTOR CORPORATION Ticker: MNT Security ID: 587188103 Meeting Date: September 14, 2005 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Set/Change Number of Directors on For For Management Board 2 Election of Directors For For Management 3 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- NEWIELD EXPLORATION COMPANY Ticker: NFX Security ID: 651290108 Meeting Date: May 4, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Adopt restricted stock award plan For For Management 3 Adopt stock purchase plan For For Management 4 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- OWENS & MINOR, INC. Ticker: OMI Security ID: 690732102 Meeting Date: April 28, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Transact other businesss For For Management -------------------------------------------------------------------------------- OMI Corporation Ticker: OMM Security ID: Y6476W Meeting Date: April 27, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Adopt incentive stock option plan For For Management -------------------------------------------------------------------------------- PERFORMANCE FOOD GROUP COMPANY Ticker: PFGC Security ID: 713755106 Meeting Date: May 16, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- PIEDMONT NATURAL GAS COMPANY, INC. Ticker: PNY Security ID: 720186105 Meeting Date: March 3, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Approve authorized stock increase For For Shareholder 4 Adopt incentive stock option plan For For Management -------------------------------------------------------------------------------- POLYMEDICA CORPORATION Ticker: PLMD Security ID: 731738100 Meeting Date: September 23, 2005 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Amend Incentive Stock Option Plan For Against Management to Increase Shares 3 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- PROTECTIVE LIFE CORPORATION Ticker: PL Security ID: 743674103 Meeting Date: May 1, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- QUESTAR CORPORATION Ticker: STR Security ID: 748356102 Meeting Date: May 16, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- RC2 CORPORATION Ticker: RCRC Security ID: 749388106 Meeting Date: May 5, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- RPM INTERNATIONAL INC. Ticker: RPM Security ID: 749685103 Meeting Date: October 7, 2005 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- SCOTTISH RE GROUP LIMITED Ticker: SCT Security ID: G7885T104 Meeting Date: May 3, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- SPINNAKER EXPLORATION COMPANY Ticker: SKE Security ID: 84855W10 Meeting Date: December 13, 2005 Meeting Type: Special # Proposal Mgt Rec Vote Cast Sponsor 1 Approve merger agreement For For Management 2 Approve motion to adjourn For For Management -------------------------------------------------------------------------------- SUPERVALU INC. Ticker: SVU Security ID: 868536103 Meeting Date: May 30, 2006 Meeting Type: Special # Proposal Mgt Rec Vote Cast Sponsor 1 Approve merger agreement For For Management 2 Approve motion to adjourn For For Management -------------------------------------------------------------------------------- TECHNITROL, INC. Ticker: TNL Security ID: 878555101 Meeting Date: May 17, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- TELEFLEX INCORPORATED Ticker: TFX Security ID: 879369106 Meeting Date: May.05, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Approve common stock increase For For Shareholder 3 Approve cash/stock bonus plan For For Management 4 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- Tupperware Brand Corporation Ticker: TUP Security ID: 899896 Meeting Date: May 17, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors -------------------------------------------------------------------------------- WEST PHARMACEUTICAL SERVICES, INC. Ticker: WST Security ID: 955306105 Meeting Date: May 2, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- Cimarex Energy Co Ticker: XEC Security ID: 171798 Meeting Date: May 17, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Amend restricted stock award plan For For Management -------------------------------------------------------------------------------- YRC Worldwide Inc Ticker: YRCW Security ID: 984249 Meeting Date: May 16, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- Viking Large-Cap Value Fund -------------------------------------------------------------------------------- ALCOA Ticker: AA Security ID: 013817101 Meeting Date: April 21, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- AMERICAN ELECTRIC POWER, INC. Ticker: AEP Security ID: 025537101 Meeting Date: April 25, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- American Internation Group Ticker: AIG Security ID: 026874 Meeting Date: May 17, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Approve cash stock bonus plan For For Management -------------------------------------------------------------------------------- AMERISOURCEBERGEN CORPORATION Ticker: ABC Security ID: 03073E105 Meeting Date: February 09, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Approve common stock increase For For Shareholder 3 Amend omnibus stock option plan For For Management 4 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- ANADARKO PETROLEUM CORPORATION Ticker: APC Security ID: 032511107 Meeting Date: May 11, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Approve common stock increase For For Shareholder 3 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- APACHE CORPORATION Ticker: APA Security ID: 037411105 Meeting Date: May 4, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Amend Non-employee director plan For For Managmenet -------------------------------------------------------------------------------- BANK OF AMERICA CORPORATION Ticker: BAC Security ID: 060505104 Meeting Date: April 26, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 Adopt stock option plan For For Management 4 SH proposal political government For Against Shareholder 5 SH proposal corporate governance For Against Shareholder 6 SH proposal human rights related For Against Shareholder -------------------------------------------------------------------------------- BB&T Corporation Ticker: BBT Security ID: 054937 Meeting Date: April 25, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors -------------------------------------------------------------------------------- BP PLC Ticker: BP Security ID: 055622 Meeting Date: April 20, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Stock conversion For For Management -------------------------------------------------------------------------------- Bunge Limited Ticker: BG Security ID: G16962 Meeting Date: May 26, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Miscellaneous corporate governance For For Management -------------------------------------------------------------------------------- CANADIAN PACIFIC CORPORATION Ticker: CP Security ID: 13645T100 Meeting Date: May 5, 2006 Meeting Type: Special # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Appoint auditors For For Management 3 Adopt incentive stock option plan For For Management 4 Adopt incentive stock option plan For For Management -------------------------------------------------------------------------------- Chattem, INC. Ticker: CHTT Security ID: 162456 Meeting Date: April 12, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor A Election of Directors For For Management B Ratify appointment of independent For For Management Auditors -------------------------------------------------------------------------------- CHEVRONTEXACO CORPORATION Ticker: CVX Security ID: 166764100 Meeting Date: April 26, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 SH proposal executive compensation No For Shareholder 4 SH proposal environmental No For Shareholder 5 SH proposal political government No For Shareholder 6 SH proposal animal rights related No For Shareholder 7 SH proposal human rights related No For Shareholder 8 Miscellaneous shareholder proposal No For Shareholder 9 Shareholder proposal No For Shareholder -------------------------------------------------------------------------------- CITIGROUP INC. Ticker: C Security ID: 172967101 Meeting Date: April 18, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 Approve charter amendment No Abstain Management 4 Approve charter amendment No Abstain Management 5 Approve charter amendment No Against Manangement 6 SH proposal corporate governance No Against Shareholder 7 SH proposal political government For Against Shareholder 8 SH proposal estab nominat committee For Against Shareholder 9 SH proposal override CSA vote For Against Shareholder 10 Miscellaneous shareholder proposal No For Shareholder 11 SH proposal corporate governance No Abstain Shareholder 12 SH proposal corporate governance No For Shareholder -------------------------------------------------------------------------------- CONOCOPHILLIPS Ticker: COP Security ID: 20825C104 Meeting Date: May 10, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 SH proposal environmental No For Shareholder 4 SH proposal corporate governance No For Shareholder 5 SH proposal put golden parachute No For Shareholder to shareholder vote 6 SH proposal environmental No For Shareholder 7 SH proposal executive compensation No For Shareholder -------------------------------------------------------------------------------- CSX Corp Ticker: CSX Security ID: 126408 Meeting Date: May 03, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Separate Chairman/CEO No For Shareholder -------------------------------------------------------------------------------- CVS CORPORATION Ticker: CVS Security ID: 126650100 Meeting Date: May 11, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 SH proposal declassify board For Against Shareholder 4 SH proposal put golden parachute For Against Shareholder to shareholder vote 5 SH proposal establish indep chrmn For Against Shareholder 6 SH proposal health issues For Against Shareholder 7 SH proposal For Against Shareholder -------------------------------------------------------------------------------- DEAN FOODS COMPANY Ticker: DF Security ID: 242370104 Meeting Date: May 19, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 SH proposal environmental For Against Shareholder -------------------------------------------------------------------------------- DOMINION RESOURCES, INC. Ticker: D Security ID: 25746U109 Meeting Date: April 28, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify Appointment of independent For For Management auditors 3 SH proposal corporate governance For Against Shareholder 4 SH proposal environmental For Against Shareholder 5 SH proposal limit compensation For Against Shareholder -------------------------------------------------------------------------------- THE DOW CHEMICAL COMPANY Ticker: DOW Security ID: 260543103 Meeting Date: May 11, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 SH proposal environmental For Against Shareholder 4 SH proposal report on gene For Against Shareholder Engineered products 5 SH proposal environmental For Against Shareholder 6 SH proposal environmental For Against Shareholder -------------------------------------------------------------------------------- THE HARTFORD FINANCIAL SVCS GROUP Ticker: HIG Security ID: 416515104 Meeting Date: May 17, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management -------------------------------------------------------------------------------- HEALTH MANAGEMENT ASSOCIATES, INC. Ticker: HMA Security ID: 421933102 Meeting Date: February 21, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Adopt restricted stock award plan For For Management 3 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- HEWLETT-PACKARD CO. Ticker: HPQ Security ID: 428236103 Meeting Date: March 15, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 Miscellaneous compensation plans For For Management 4 Miscellaneous shareholder proposal For Against Shareholder 5 Miscellaneous shareholder proposal For Against Shareholder -------------------------------------------------------------------------------- HONEYWELL INTERNATIONAL INC. Ticker: HON Security ID: 438516106 Meeting Date: April 24, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 Adopt incentive stock option plan For For Management 4 Adopt non employee director plan For For Management 5 SH proposal adhere to Mcbride For Against Shareholder 6 SH proposal adhere to Mcbride For Against Shareholder 7 SH proposal environmental No Abstain Shareholder 8 SH proposal put golden parachute For Against Shareholder to shareholder vote 9 Miscellaneous shareholder proposal For Against Shareholder -------------------------------------------------------------------------------- Intel Corp Ticker: INTC Security ID: 458140 Meeting Date: May 17, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Miscellaneous Corporate Governance For For Management -------------------------------------------------------------------------------- INGERSOLL-RAND COMPANY LIMITED Ticker: IR Security ID: G4776G101 Meeting Date: June 7, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- ITT INDUSTRIES, INC. Ticker: ITT Security ID: 450911102 Meeting Date: May 09, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor A Election of Directors For For Management B Ratify appointment of independent For For Management Auditors C Approve company name change For For Management -------------------------------------------------------------------------------- Johnson Controls Inc. Ticker: JCI Security ID: 478366 Meeting Date: January 25, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor A Election of Directors For For Management B Ratify appointment of independent For For Management Auditors C Adopt incentive stock option plan For For Management -------------------------------------------------------------------------------- KIMBERLY-CLARK CORPORATION Ticker: KMB Security ID: 494368103 Meeting Date: April 27, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- Marsh & Mclennan. Ticker: MMC Security ID: 571748 Meeting Date: May 18, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Corporate Governance For For Management -------------------------------------------------------------------------------- MASCO CORPORATION Ticker: MAS Security ID: 574599106 Meeting Date: May 09, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- MERCK & CO. Ticker: MRK Security ID: 589331107 Meeting Date: April 25, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 Adopt incentive stock option plan For For Management 4 Adopt non employee director plan For For Management 5 SH proposal corporate governess No For Shareholder 6 SH proposal animal rights For Against Shareholder -------------------------------------------------------------------------------- MERRILL LYNCH & CO., INC. Ticker: MER Security ID: 590188108 Meeting Date: April 28, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 SH proposal adopt cumulative voting For Against Shareholder 4 SH proposal limit compensation For Against Shareholder 5 SH proposal establish compensation For Against Shareholder committee -------------------------------------------------------------------------------- MORGAN STANLEY Ticker: MS Security ID: 617446448 Meeting Date: April 04, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Declassify board For For Management 4 Classify board For For Management 5 Eliminate supermajority requirement For For Management to act by written consent -------------------------------------------------------------------------------- Nash Finch Company Ticker: NAFC Security ID: 631158 Meeting Date: May 16, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management -------------------------------------------------------------------------------- NATIONAL CITY CORPORATION Ticker: NCC Security ID: 635405103 Meeting Date: April 25, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- NOKIA Corporation. Ticker: NOK Security ID: 654902 Meeting Date: March 13, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor A Election of Directors For For Management B Ratify appointment of independent For For Management Auditors -------------------------------------------------------------------------------- Public Service Enterprise Group Inc Ticker: PEG Security ID: 744573 Meeting Date: July 19, 2005 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Approve merger agreement For For Management 4 Approve motion to adjourn meeting For For Management 5 Board of Directors For Against Shareholder -------------------------------------------------------------------------------- RIO TINTO PLC Ticker: RTP Security ID: 767204100 Meeting Date: April 12, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Allot securities For For Shareholder 2 Allot securities For For Shareholder 3 Authorize directors to repurchase For For Management shares 4 Approve article amendments For For Management 5 Miscellaneous corporate governance For For Management 6 Ratify appointment of independent For For Management auditors 7 Approve renumeration of directors For For Management and auditors 8 Approve financial statement For For Management allocation of income and discharge directors -------------------------------------------------------------------------------- SEALED AIR CORPORATION Ticker: SEE Security ID: 81211K100 Meeting Date: May 12, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Ratify appointment of independent For For Management Auditors 2 Miscellaneous corporate governance For For Management -------------------------------------------------------------------------------- TRIAD HOSPITALS, INC. Ticker: TRI Security ID: 89579K109 Meeting Date: May 23, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors -------------------------------------------------------------------------------- UNION PACIFIC CORPORATION Ticker: UNP Security ID: 907818108 Meeting Date: May 4, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 SH proposal corporate governance No For Shareholder 4 SH proposal political government No For Shareholder 5 SH establish independent chairman No For Shareholder -------------------------------------------------------------------------------- U.S. BANCORP Ticker: USB Security ID: 902973106 Meeting Date: April 18, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 Adopt incentive stock option plan For Against Management 4 SH proposal reincorporate out of DE For For Shareholder 5 SH declassify board No For Shareholder -------------------------------------------------------------------------------- VERIZON COMMUNICATIONS INC. Ticker: VZ Security ID: 92343V104 Meeting Date: May 4, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 Adopt cumulative voting For Against Shareholder 4 Corporate governance No For Shareholder 5 Board composition No For Shareholder 6 Board composition For Against Shareholder 7 Separate Chairman/CEO No For Shareholder 8 Override CSA vote restrictions No For Shareholder 9 Political Government For Against Shareholder -------------------------------------------------------------------------------- Wachovia Corp. Ticker: WB Security ID: 929903 Meeting Date: April 18, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor A Election of Directors For For Management B Ratify appointment of independent For For Management Auditors -------------------------------------------------------------------------------- Wal-Mart Stores. Ticker: WMT Security ID: 931142 Meeting Date: June 02, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors -------------------------------------------------------------------------------- THE WALT DISNEY COMPANY Ticker: DIS Security ID: 254687106 Meeting Date: March 10, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management auditors 3 Rescind anti-takeover provision No For Shareholder 4 Human Rights related For Against Shareholder -------------------------------------------------------------------------------- WASHINGTON MUTUAL Ticker: WM Security ID: 939322103 Meeting Date: April 18, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors 3 Amend incentive stock option plan For For Management 4 Declassify board For For Management 5 Political Government For Against Shareholder 6 Adopt Amend Executive Incentive For For Management bonus plan -------------------------------------------------------------------------------- Exxon Mobil Ticker: ITT Security ID: 450911102 Meeting Date: May 09, 2006 Meeting Type: Annual # Proposal Mgt Rec Vote Cast Sponsor 1 Election of Directors For For Management 2 Ratify appointment of independent For For Management Auditors -------------------------------------------------------------------------------- Viking Tax-Free Fund for Montana -------------------------------------------------------------------------------- The Viking Tax-Free Fund for Montana did not hold any portfolio securities with respect to which the Fund was entitled to vote during the period from July 1, 2005 through June 30, 2006. -------------------------------------------------------------------------------- Viking Tax-Free Fund for North Dakota -------------------------------------------------------------------------------- The Viking Tax-Free Fund for North Dakota did not hold any portfolio securities with respect to which the Fund was entitled to vote during the period from July 1, 2005 through June 30, 2006. -------------------------------------------------------------------------------- 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. Viking Mutual Funds ------------------------------------------------------------------- By: /s/ Shannon D Radke, President ------------------------------------------------------ Date August 31, 2006 ---------------------------------------------------------------------------