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 811-10571

BLUE CHIP INVESTOR FUNDS

(Exact name of registrant as specified in charter)

480 N. Magnolia Ave., Suite 103, El Cajon, CA 92020

(Address of principal executive offices)              (Zip code)

Ross C. Provence

Blue Chip Investor Funds

480 N. Magnolia Ave., Suite 103, El Cajon, CA 92020

(Name and address of agent for service)

Registrant's telephone number, including area code: (619) 588-9700

Date of fiscal year end: December 31

Date of reporting period: July 1, 2007 - June 30, 2008

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

A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public.  A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number.  Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609.  The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

ITEM 1. PROXY VOTING RECORD:

Disclose the following information for each matter relating to a portfolio security considered at any shareholder meeting held during the period covered by the report and with respect to which the registrant was entitled to vote:

(a). The name of the issuer of the portfolio security;

(b). The exchange ticker symbol of the portfolio security;

(c). The Council on Uniform Securities Identification Procedures ("CUSIP") number for the portfolio security;

(d). The shareholder meeting date;

(e). A brief identification of the matter voted on;

 (f). Whether the matter was proposed by the issuer or by a security holder;

(g). Whether the Registrant cast its vote on the matter;

(h). How the Registrant cast its vote (e.g., for or against proposal, or abstain; for or withhold regarding   

       election of directors); and

 (i). Whether the Registrant cast its vote for or against management.

Account Name: Blue Chip Investor Fund (BCIFX)			Custodian Name: Custodial Trust Co.
Meeting Date Range: 01-Jul-2007 To 30-Jun-2008
Selected Accounts
DREYFUS CASH MANAGEMENT
Security:		26188J206				Meeting Type:			Special
Ticker:		DICXX				Meeting Date:			22-Aug-2007
ISIN		US26188J2069				Vote Deadline Date:			21-Aug-2007
Agenda		932746324	Management			Total Ballot Shares:			5807823
Last Vote Date:		22-Jun-2007
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	JOSEPH S. DIMARTINO			5807823		0	0		0
	2	PHILIP L. TOIA			5807823		0	0		0
	3	BENAREE PRATT WILEY			5807823		0	0		0
NIKE, INC.
Security:		654106103				Meeting Type:			Annual
Ticker:		NKE				Meeting Date:			17-Sep-2007
ISIN		US6541061031				Vote Deadline Date:			14-Sep-2007
Agenda		932758317	Management			Total Ballot Shares:			376897
Last Vote Date:		02-Aug-2007
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	JILL K. CONWAY			28000		0	0		0
	2	ALAN B. GRAF, JR.			28000		0	0		0
	3	JEANNE P. JACKSON			28000		0	0		0
2	TO APPROVE THE EXTENSION OF AND AMENDMENTS TO THE NIKE, INC. LONG-TERM INCENTIVE PLAN.			For	28000		0	0		0
3	TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.			For	28000		0	0		0
FEDEX CORPORATION
Security:		31428X106				Meeting Type:			Annual
Ticker:		FDX				Meeting Date:			24-Sep-2007
ISIN		US31428X1063				Vote Deadline Date:			21-Sep-2007
Agenda		932763192	Management			Total Ballot Shares:			117395
Last Vote Date:		20-Aug-2007
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	ELECTION OF DIRECTOR: JAMES L. BARKSDALE			For	8500		0	0		0
2	ELECTION OF DIRECTOR: AUGUST A. BUSCH IV			For	8500		0	0		0
3	ELECTION OF DIRECTOR: JOHN A. EDWARDSON			For	8500		0	0		0
4	ELECTION OF DIRECTOR: JUDITH L. ESTRIN			For	8500		0	0		0
5	ELECTION OF DIRECTOR: PHILIP GREER			For	8500		0	0		0
6	ELECTION OF DIRECTOR: J.R. HYDE, III			For	8500		0	0		0
7	ELECTION OF DIRECTOR: SHIRLEY A. JACKSON			For	8500		0	0		0
8	ELECTION OF DIRECTOR: STEVEN R. LORANGER			For	8500		0	0		0
9	ELECTION OF DIRECTOR: GARY W. LOVEMAN			For	8500		0	0		0
10	ELECTION OF DIRECTOR: CHARLES T. MANATT			For	8500		0	0		0
11	ELECTION OF DIRECTOR: FREDERICK W. SMITH			For	8500		0	0		0
12	ELECTION OF DIRECTOR: JOSHUA I. SMITH			For	8500		0	0		0
13	ELECTION OF DIRECTOR: PAUL S. WALSH			For	8500		0	0		0
14	ELECTION OF DIRECTOR: PETER S. WILLMOTT			For	8500		0	0		0
15	RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.			For	8500		0	0		0
16	STOCKHOLDER PROPOSAL REGARDING SEPARATION OF CHAIRMAN AND CEO ROLES.			Against	0		8500	0		0
17	STOCKHOLDER PROPOSAL REGARDING SHAREHOLDER VOTE ON EXECUTIVE PAY.			Against	0		8500	0		0
18	STOCKHOLDER PROPOSAL REGARDING GLOBAL WARMING REPORT.			Against	0		8500	0		0
19	STOCKHOLDER PROPOSAL REGARDING POLITICAL CONTRIBUTIONS REPORT.			Against	0		8500	0		0
MEREDITH CORPORATION
Security:		589433101				Meeting Type:			Annual
Ticker:		MDP				Meeting Date:			07-Nov-2007
ISIN		US5894331017				Vote Deadline Date:			06-Nov-2007
Agenda		932775781	Management			Total Ballot Shares:			202804
Last Vote Date:		29-Sep-2007
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	MARY SUE COLEMAN*			15600		0	0		0
	2	D.M. MEREDITH FRAZIER*			15600		0	0		0
	3	JOEL W. JOHNSON*			15600		0	0		0
	4	STEPHEN M. LACY*			15600		0	0		0
	5	ALFRED H. DREWES**			15600		0	0		0
OSHKOSH TRUCK CORPORATION
Security:		688239201				Meeting Type:			Annual
Ticker:		OSK				Meeting Date:			05-Feb-2008
ISIN		US6882392011				Vote Deadline Date:			04-Feb-2008
Agenda		932801613	Management			Total Ballot Shares:			269895
Last Vote Date:		01-Jan-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	ELECTION OF DIRECTOR: J. WILLIAM ANDERSEN			For	20000		0	0		0
2	ELECTION OF DIRECTOR: ROBERT G. BOHN			For	20000		0	0		0
3	ELECTION OF DIRECTOR: ROBERT A. CORNOG			For	20000		0	0		0
4	ELECTION OF DIRECTOR: RICHARD M. DONNELLY			For	20000		0	0		0
5	ELECTION OF DIRECTOR: FREDERICK M. FRANKS, JR.			For	20000		0	0		0
6	ELECTION OF DIRECTOR: MICHAEL W. GREBE			For	20000		0	0		0
7	ELECTION OF DIRECTOR: KATHLEEN J. HEMPEL			For	20000		0	0		0
8	ELECTION OF DIRECTOR: HARVEY N. MEDVIN			For	20000		0	0		0
9	ELECTION OF DIRECTOR: J. PETER MOSLING, JR.			For	20000		0	0		0
10	ELECTION OF DIRECTOR: TIMOTHY J. ROEMER			For	20000		0	0		0
11	ELECTION OF DIRECTOR: RICHARD G. SIM			For	20000		0	0		0
12	ELECTION OF DIRECTOR: CHARLES L. SZEWS			For	20000		0	0		0
13	AMEND THE RESTATED ARTICLES OF INCORPORATION TO CHANGE THE NAME OF THE COMPANY TO "OSHKOSH CORPORATION".			For	20000		0	0		0
14	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP, AS INDEPENDENT AUDITORS.			For	20000		0	0		0
15	SHAREHOLDER PROPOSAL - TO REDEEM OR BRING TO SHAREHOLDER VOTE THE COMPANY'S SHAREHOLDER RIGHTS PLAN.			Against	0		20000	0		0
HEWLETT-PACKARD COMPANY
Security:		428236103				Meeting Type:			Annual
Ticker:		HPQ				Meeting Date:			19-Mar-2008
ISIN		US4282361033				Vote Deadline Date:			18-Mar-2008
Agenda		932811498	Management			Total Ballot Shares:			82575
Last Vote Date:		07-Feb-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	ELECTION OF DIRECTOR: L.T. BABBIO, JR.			For	12500		0	0		0
2	ELECTION OF DIRECTOR: S.M. BALDAUF			For	12500		0	0		0
3	ELECTION OF DIRECTOR: R.A. HACKBORN			For	12500		0	0		0
4	ELECTION OF DIRECTOR: J.H. HAMMERGREN			For	12500		0	0		0
5	ELECTION OF DIRECTOR: M.V. HURD			For	12500		0	0		0
6	ELECTION OF DIRECTOR: J.Z. HYATT			For	12500		0	0		0
7	ELECTION OF DIRECTOR: J.R. JOYCE			For	12500		0	0		0
8	ELECTION OF DIRECTOR: R.L. RYAN			For	12500		0	0		0
9	ELECTION OF DIRECTOR: L.S. SALHANY			For	12500		0	0		0
10	ELECTION OF DIRECTOR: G.K. THOMPSON			For	12500		0	0		0
11	TO RATIFY THE APPOINTMENT OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING OCTOBER 31, 2008			For	12500		0	0		0
HARLEY-DAVIDSON, INC.
Security:		412822108				Meeting Type:			Annual
Ticker:		HOG				Meeting Date:			26-Apr-2008
ISIN		US4128221086				Vote Deadline Date:			25-Apr-2008
Agenda		932845831	Management			Total Ballot Shares:			350452
Last Vote Date:		07-Apr-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	GEORGE H. CONRADES			24000		0	0		0
	2	SARA L. LEVINSON			24000		0	0		0
	3	GEORGE L. MILES, JR.			24000		0	0		0
	4	JOCHEN ZEITZ			24000		0	0		0
2	RATIFICATION OF SELECTION OF ERNST & YOUNG LLP, INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM, TO BE THE AUDITORS.			For	24000		0	0		0
AMERICAN EXPRESS COMPANY
Security:		025816109				Meeting Type:			Annual
Ticker:		AXP				Meeting Date:			28-Apr-2008
ISIN		US0258161092				Vote Deadline Date:			25-Apr-2008
Agenda		932823924	Management			Total Ballot Shares:			370070
Last Vote Date:		16-Mar-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	D.F. AKERSON			15000		0	0		0
	2	C. BARSHEFSKY			15000		0	0		0
	3	U.M. BURNS			15000		0	0		0
	4	K.I. CHENAULT			15000		0	0		0
	5	P. CHERNIN			15000		0	0		0
	6	J. LESCHLY			15000		0	0		0
	7	R.C. LEVIN			15000		0	0		0
	8	R.A. MCGINN			15000		0	0		0
	9	E.D. MILLER			15000		0	0		0
	10	S.S REINEMUND			15000		0	0		0
	11	R.D. WALTER			15000		0	0		0
	12	R.A. WILLIAMS			15000		0	0		0
2	A PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2008.			For	15000		0	0		0
3	A PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION TO REQUIRE A MAJORITY VOTE FOR THE ELECTION OF DIRECTORS IN NON-CONTESTED ELECTIONS.			For	15000		0	0		0
4	PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION TO ELIMINATE STATUTORY SUPERMAJORITY VOTING: MERGER OR CONSOLIDATION.			For	15000		0	0		0
5	PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION TO ELIMINATE STATUTORY SUPERMAJORITY VOTING: SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE COMPANY'S ASSETS OUTSIDE THE ORDINARY COURSE OF BUSINESS.			For	15000		0	0		0
6	PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION TO ELIMINATE STATUTORY SUPERMAJORITY VOTING: PLAN FOR THE EXCHANGE OF SHARES.			For	15000		0	0		0
7	PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION TO ELIMINATE STATUTORY SUPERMAJORITY VOTING: AUTHORIZATION OF DISSOLUTION.			For	15000		0	0		0
8	A SHAREHOLDER PROPOSAL RELATING TO CUMULATIVE VOTING FOR DIRECTORS.			Against	0		15000	0		0
WELLS FARGO & COMPANY
Security:		949746101				Meeting Type:			Annual
Ticker:		WFC				Meeting Date:			29-Apr-2008
ISIN		US9497461015				Vote Deadline Date:			28-Apr-2008
Agenda		932823897	Management			Total Ballot Shares:			662480
Last Vote Date:		19-Mar-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	ELECTION OF DIRECTOR: JOHN S. CHEN			For	38000		0	0		0
2	ELECTION OF DIRECTOR: LLOYD H. DEAN			For	38000		0	0		0
3	ELECTION OF DIRECTOR: SUSAN E. ENGEL			For	38000		0	0		0
4	ELECTION OF DIRECTOR: ENRIQUE HERNANDEZ, JR.			For	38000		0	0		0
5	ELECTION OF DIRECTOR: ROBERT L. JOSS			For	38000		0	0		0
6	ELECTION OF DIRECTOR: RICHARD M. KOVACEVICH			For	38000		0	0		0
7	ELECTION OF DIRECTOR: RICHARD D. MCCORMICK			For	38000		0	0		0
8	ELECTION OF DIRECTOR: CYNTHIA H. MILLIGAN			For	38000		0	0		0
9	ELECTION OF DIRECTOR: NICHOLAS G. MOORE			For	38000		0	0		0
10	ELECTION OF DIRECTOR: PHILIP J. QUIGLEY			For	38000		0	0		0
11	ELECTION OF DIRECTOR: DONALD B. RICE			For	38000		0	0		0
12	ELECTION OF DIRECTOR: JUDITH M. RUNSTAD			For	38000		0	0		0
13	ELECTION OF DIRECTOR: STEPHEN W. SANGER			For	38000		0	0		0
14	ELECTION OF DIRECTOR: JOHN G. STUMPF			For	38000		0	0		0
15	ELECTION OF DIRECTOR: SUSAN G. SWENSON			For	38000		0	0		0
16	ELECTION OF DIRECTOR: MICHAEL W. WRIGHT			For	38000		0	0		0
17	PROPOSAL TO RATIFY APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS FOR 2008.			For	38000		0	0		0
18	PROPOSAL TO APPROVE THE PERFORMANCE-BASED COMPENSATION POLICY.			For	38000		0	0		0
19	PROPOSAL TO APPROVE THE AMENDED AND RESTATED LONG-TERM INCENTIVE COMPENSATION PLAN.			For	38000		0	0		0
20	PROPOSAL REGARDING A BY-LAWS AMENDMENT TO REQUIRE AN INDEPENDENT CHAIRMAN.			Against	0		0	38000		0
21	PROPOSAL REGARDING AN EXECUTIVE COMPENSATION ADVISORY VOTE.			Against	0		38000	0		0
22	PROPOSAL REGARDING A "PAY-FOR-SUPERIOR- PERFORMANCE" COMPENSATION PLAN.			Against	0		38000	0		0
23	PROPOSAL REGARDING HUMAN RIGHTS ISSUES IN INVESTMENT POLICIES.			Against	0		38000	0		0
24	PROPOSAL REGARDING A NEUTRAL SEXUAL ORIENTATION EMPLOYMENT POLICY.			Against	0		38000	0		0
25	PROPOSAL REGARDING A REPORT ON RACIAL DISPARITIES IN MORTGAGE LENDING.			Against	0		38000	0		0
W.W. GRAINGER, INC.
Security:		384802104				Meeting Type:			Annual
Ticker:		GWW				Meeting Date:			30-Apr-2008
ISIN		US3848021040				Vote Deadline Date:			29-Apr-2008
Agenda		932826083	Management			Total Ballot Shares:			90714
Last Vote Date:		19-Mar-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	BRIAN P. ANDERSON			8800		0	0		0
	2	WILBUR H. GANTZ			8800		0	0		0
	3	V. ANN HAILEY			8800		0	0		0
	4	WILLIAM K. HALL			8800		0	0		0
	5	RICHARD L. KEYSER			8800		0	0		0
	6	STUART L. LEVENICK			8800		0	0		0
	7	JOHN W. MCCARTER, JR.			8800		0	0		0
	8	NEIL S. NOVICH			8800		0	0		0
	9	MICHAEL J. ROBERTS			8800		0	0		0
	10	GARY L. ROGERS			8800		0	0		0
	11	JAMES T. RYAN			8800		0	0		0
	12	JAMES D. SLAVIK			8800		0	0		0
	13	HAROLD B. SMITH			8800		0	0		0
2	PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITOR FOR THE YEAR ENDING DECEMBER 31, 2008.			For	8800		0	0		0
ILLINOIS TOOL WORKS INC.
Security:		452308109				Meeting Type:			Annual
Ticker:		ITW				Meeting Date:			02-May-2008
ISIN		US4523081093				Vote Deadline Date:			01-May-2008
Agenda		932833432	Management			Total Ballot Shares:			404604
Last Vote Date:		27-Mar-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	ELECTION OF DIRECTOR: WILLIAM F. ALDINGER			For	24000		0	0		0
2	ELECTION OF DIRECTOR: MARVIN D. BRAILSFORD			For	24000		0	0		0
3	ELECTION OF DIRECTOR: SUSAN CROWN			For	24000		0	0		0
4	ELECTION OF DIRECTOR: DON H. DAVIS, JR.			For	24000		0	0		0
5	ELECTION OF DIRECTOR: ROBERT C. MCCORMACK			For	24000		0	0		0
6	ELECTION OF DIRECTOR: ROBERT S. MORRISON			For	24000		0	0		0
7	ELECTION OF DIRECTOR: JAMES A. SKINNER			For	24000		0	0		0
8	ELECTION OF DIRECTOR: HAROLD B. SMITH			For	24000		0	0		0
9	ELECTION OF DIRECTOR: DAVID B. SPEER			For	24000		0	0		0
10	ELECTION OF DIRECTOR: PAMELA B. STROBEL			For	24000		0	0		0
11	REAPPROVAL OF THE PERFORMANCE FACTORS AND AWARD LIMIT UNDER THE EXECUTIVE INCENTIVE PLAN.			For	24000		0	0		0
12	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS ITW'S INDEPENDENT PUBLIC ACCOUNTANTS FOR 2008.			For	24000		0	0		0
BERKSHIRE HATHAWAY INC.
Security:		084670108				Meeting Type:			Annual
Ticker:		BRKA				Meeting Date:			03-May-2008
ISIN		US0846701086				Vote Deadline Date:			02-May-2008
Agenda		932826463	Management			Total Ballot Shares:			58
Last Vote Date:		19-Mar-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	WARREN E. BUFFETT			40		0	0		0
	2	CHARLES T. MUNGER			40		0	0		0
	3	HOWARD G. BUFFETT			40		0	0		0
	4	SUSAN L. DECKER			40		0	0		0
	5	WILLIAM H. GATES III			40		0	0		0
	6	DAVID S. GOTTESMAN			40		0	0		0
	7	CHARLOTTE GUYMAN			40		0	0		0
	8	DONALD R. KEOUGH			40		0	0		0
	9	THOMAS S. MURPHY			40		0	0		0
	10	RONALD L. OLSON			40		0	0		0
	11	WALTER SCOTT, JR.			40		0	0		0
AFLAC INCORPORATED
Security:		001055102				Meeting Type:			Contested-Annual
Ticker:		AFL				Meeting Date:			05-May-2008
ISIN		US0010551028				Vote Deadline Date:			02-May-2008
Agenda		932842936	Management			Total Ballot Shares:			496708
Last Vote Date:		07-Apr-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	DANIEL P. AMOS			25000		0	0		0
	2	JOHN SHELBY AMOS II			25000		0	0		0
	3	PAUL S. AMOS II			25000		0	0		0
	4	YOSHIRO AOKI			25000		0	0		0
	5	MICHAEL H. ARMACOST			25000		0	0		0
	6	KRISS CLONINGER III			25000		0	0		0
	7	JOE FRANK HARRIS			25000		0	0		0
	8	ELIZABETH J. HUDSON			25000		0	0		0
	9	KENNETH S. JANKE SR.			25000		0	0		0
	10	DOUGLAS W. JOHNSON			25000		0	0		0
	11	ROBERT B. JOHNSON			25000		0	0		0
	12	CHARLES B. KNAPP			25000		0	0		0
	13	E. STEPHEN PURDOM			25000		0	0		0
	14	B.K. RIMER, DR. PH			25000		0	0		0
	15	MARVIN R. SCHUSTER			25000		0	0		0
	16	DAVID GARY THOMPSON			25000		0	0		0
	17	ROBERT L. WRIGHT			25000		0	0		0
2	TO APPROVE THE AMENDMENT OF ARTICLE IV OF THE COMPANY'S ARTICLES OF INCORPORATION TO INCREASE THE COMPANY'S AUTHORIZED SHARES OF $.10 PAR VALUE COMMON STOCK FROM 1,000,000,000 SHARES TO 1,900,000,000 SHARES.			For	25000		0	0		0
3	TO ADOPT THE AMENDED AND RESTATED MANAGEMENT INCENTIVE PLAN (THE "2009 MANAGEMENT INCENTIVE PLAN").			For	25000		0	0		0
4	TO APPROVE THE FOLLOWING ADVISORY (NON- BINDING) PROPOSAL: "RESOLVED, THAT THE SHAREHOLDERS APPROVE THE OVERALL EXECUTIVE PAY-FOR-PERFORMANCE COMPENSATION POLICIES AND PROCEDURES EMPLOYED BY THE COMPANY, AS DESCRIBED IN THE COMPENSATION DISCUSSION AND ANALYSIS AND THE TABULAR DISCLOSURE REGARDING NAMED EXECUTIVE OFFICER COMPENSATION IN THIS PROXY STATEMENT."			For	25000		0	0		0
5	TO RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY FOR THE YEAR ENDING DECEMBER 31, 2008.			For	25000		0	0		0
LINCARE HOLDINGS INC.
Security:		532791100				Meeting Type:			Annual
Ticker:		LNCR				Meeting Date:			12-May-2008
ISIN		US5327911005				Vote Deadline Date:			09-May-2008
Agenda		932856062	Management			Total Ballot Shares:			471221
Last Vote Date:		10-Apr-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	J.P. BYRNES			21400		0	0		0
	2	S.H. ALTMAN, PH.D.			21400		0	0		0
	3	C.B. BLACK			21400		0	0		0
	4	F.D. BYRNE, M.D.			21400		0	0		0
	5	W.F. MILLER, III			21400		0	0		0
2	RATIFY THE APPOINTMENT OF KPMG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2008.			For	21400		0	0		0
OMNICOM GROUP INC.
Security:		681919106				Meeting Type:			Annual
Ticker:		OMC				Meeting Date:			16-May-2008
ISIN		US6819191064				Vote Deadline Date:			15-May-2008
Agenda		932843685	Management			Total Ballot Shares:			332489
Last Vote Date:		07-Apr-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	JOHN D. WREN			20000		0	0		0
	2	BRUCE CRAWFORD			20000		0	0		0
	3	ROBERT CHARLES CLARK			20000		0	0		0
	4	LEONARD S. COLEMAN, JR.			20000		0	0		0
	5	ERROL M. COOK			20000		0	0		0
	6	SUSAN S. DENISON			20000		0	0		0
	7	MICHAEL A. HENNING			20000		0	0		0
	8	JOHN R. MURPHY			20000		0	0		0
	9	JOHN R. PURCELL			20000		0	0		0
	10	LINDA JOHNSON RICE			20000		0	0		0
	11	GARY L. ROUBOS			20000		0	0		0
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT AUDITORS FOR 2008.			For	20000		0	0		0
FISERV, INC.
Security:		337738108				Meeting Type:			Annual
Ticker:		FISV				Meeting Date:			21-May-2008
ISIN		US3377381088				Vote Deadline Date:			20-May-2008
Agenda		932862926	Management			Total Ballot Shares:			250594
Last Vote Date:		15-Apr-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	D.F. DILLON*			18000		0	0		0
	2	G.J. LEVY*			18000		0	0		0
	3	D.J. O'LEARY*			18000		0	0		0
	4	G.M. RENWICK*			18000		0	0		0
	5	D.R. SIMONS**			18000		0	0		0
	6	P.J. KIGHT***			18000		0	0		0
2	TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2008.			For	18000		0	0		0
LOWE'S COMPANIES, INC.
Security:		548661107				Meeting Type:			Annual
Ticker:		LOW				Meeting Date:			30-May-2008
ISIN		US5486611073				Vote Deadline Date:			29-May-2008
Agenda		932863384	Management			Total Ballot Shares:			506443
Last Vote Date:		15-Apr-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	ROBERT A. INGRAM			35300		0	0		0
	2	ROBERT L. JOHNSON			35300		0	0		0
	3	RICHARD K. LOCHRIDGE			35300		0	0		0
2	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.			For	35300		0	0		0
3	TO APPROVE THE AMENDMENTS TO LOWE'S ARTICLES OF INCORPORATION ELIMINATING THE CLASSIFIED STRUCTURE OF THE BOARD OF DIRECTORS.			For	35300		0	0		0
4	SHAREHOLDER PROPOSAL REGARDING SUPERMAJORITY VOTE REQUIREMENTS.			Against	0		35300	0		0
5	SHAREHOLDER PROPOSAL REGARDING EXECUTIVE COMPENSATION PLAN.			Against	0		35300	0		0
UNITEDHEALTH GROUP INCORPORATED
Security:		91324P102				Meeting Type:			Annual
Ticker:		UNH				Meeting Date:			05-Jun-2008
ISIN		US91324P1021				Vote Deadline Date:			04-Jun-2008
Agenda		932886306	Management			Total Ballot Shares:			342654
Last Vote Date:		01-May-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	ELECTION OF DIRECTOR: WILLIAM C. BALLARD, JR.			For	20000		0	0		0
2	ELECTION OF DIRECTOR: RICHARD T. BURKE			For	20000		0	0		0
3	ELECTION OF DIRECTOR: ROBERT J. DARRETTA			For	20000		0	0		0
4	ELECTION OF DIRECTOR: STEPHEN J. HEMSLEY			For	20000		0	0		0
5	ELECTION OF DIRECTOR: MICHELE J. HOOPER			For	20000		0	0		0
6	ELECTION OF DIRECTOR: DOUGLAS W. LEATHERDALE			For	20000		0	0		0
7	ELECTION OF DIRECTOR: GLENN M. RENWICK			For	20000		0	0		0
8	ELECTION OF DIRECTOR: GAIL R. WILENSKY, PH.D.			For	20000		0	0		0
9	APPROVAL OF THE MATERIAL TERMS FOR PAYMENT OF EXECUTIVE INCENTIVE COMPENSATION			For	20000		0	0		0
10	APPROVAL OF THE AMENDMENT TO THE UNITEDHEALTH GROUP 1993 EMPLOYEE STOCK PURCHASE PLAN			For	20000		0	0		0
11	RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR PERIOD ENDING DECEMBER 31, 2008			For	20000		0	0		0
12	SHAREHOLDER PROPOSAL CONCERNING ADVISORY VOTE ON EXECUTIVE COMPENSATION			Against	0		20000	0		0
13	SHAREHOLDER PROPOSAL CONCERNING PERFORMANCE VESTING SHARES			Against	0		20000	0		0
WAL-MART STORES, INC.
Security:		931142103				Meeting Type:			Annual
Ticker:		WMT				Meeting Date:			06-Jun-2008
ISIN		US9311421039				Vote Deadline Date:			05-Jun-2008
Agenda		932881039	Management			Total Ballot Shares:			375809
Last Vote Date:		05-May-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	ELECTION OF DIRECTOR: AIDA M. ALVAREZ			For	25000		0	0		0
2	ELECTION OF DIRECTOR: JAMES W. BREYER			For	25000		0	0		0
3	ELECTION OF DIRECTOR: M. MICHELE BURNS			For	25000		0	0		0
4	ELECTION OF DIRECTOR: JAMES I. CASH, JR.			For	25000		0	0		0
5	ELECTION OF DIRECTOR: ROGER C. CORBETT			For	25000		0	0		0
6	ELECTION OF DIRECTOR: DOUGLAS N. DAFT			For	25000		0	0		0
7	ELECTION OF DIRECTOR: DAVID D. GLASS			For	25000		0	0		0
8	ELECTION OF DIRECTOR: GREGORY B. PENNER			For	25000		0	0		0
9	ELECTION OF DIRECTOR: ALLEN I. QUESTROM			For	25000		0	0		0
10	ELECTION OF DIRECTOR: H. LEE SCOTT, JR.			For	25000		0	0		0
11	ELECTION OF DIRECTOR: ARNE M. SORENSON			For	25000		0	0		0
12	ELECTION OF DIRECTOR: JIM C. WALTON			For	25000		0	0		0
13	ELECTION OF DIRECTOR: S. ROBSON WALTON			For	25000		0	0		0
14	ELECTION OF DIRECTOR: CHRISTOPHER J. WILLIAMS			For	25000		0	0		0
15	ELECTION OF DIRECTOR: LINDA S. WOLF			For	25000		0	0		0
16	APPROVAL OF MANAGEMENT INCENTIVE PLAN, AS AMENDED AND RESTATED			For	25000		0	0		0
17	RATIFICATION OF ERNST & YOUNG LLP AS INDEPENDENT ACCOUNTANTS			For	25000		0	0		0
18	AMEND EQUAL EMPLOYMENT OPPORTUNITY POLICY			Against	0		25000	0		0
19	PAY-FOR-SUPERIOR-PERFORMANCE			Against	0		25000	0		0
20	RECOUPMENT OF SENIOR EXECUTIVE COMPENSATION POLICY			Against	0		25000	0		0
21	ESTABLISH HUMAN RIGHTS COMMITTEE			Against	0		25000	0		0
22	ADVISORY VOTE ON EXECUTIVE COMPENSATION			Against	0		25000	0		0
23	POLITICAL CONTRIBUTIONS REPORT			Against	0		25000	0		0
24	SOCIAL AND REPUTATION IMPACT REPORT			Against	0		25000	0		0
25	SPECIAL SHAREHOLDERS' MEETING			Against	0		25000	0		0
STAPLES, INC.
Security:		855030102				Meeting Type:			Annual
Ticker:		SPLS				Meeting Date:			09-Jun-2008
ISIN		US8550301027				Vote Deadline Date:			06-Jun-2008
Agenda		932882930	Management			Total Ballot Shares:			687229
Last Vote Date:		30-Apr-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	ELECTION OF DIRECTOR: BASIL L. ANDERSON			For	41700		0	0		0
2	ELECTION OF DIRECTOR: ARTHUR M. BLANK			For	41700		0	0		0
3	ELECTION OF DIRECTOR: MARY ELIZABETH BURTON			For	41700		0	0		0
4	ELECTION OF DIRECTOR: JUSTIN KING			For	41700		0	0		0
5	ELECTION OF DIRECTOR: CAROL MEYROWITZ			For	41700		0	0		0
6	ELECTION OF DIRECTOR: ROWLAND T. MORIARTY			For	41700		0	0		0
7	ELECTION OF DIRECTOR: ROBERT C. NAKASONE			For	41700		0	0		0
8	ELECTION OF DIRECTOR: RONALD L. SARGENT			For	41700		0	0		0
9	ELECTION OF DIRECTOR: ROBERT E. SULENTIC			For	41700		0	0		0
10	ELECTION OF DIRECTOR: MARTIN TRUST			For	41700		0	0		0
11	ELECTION OF DIRECTOR: VIJAY VISHWANATH			For	41700		0	0		0
12	ELECTION OF DIRECTOR: PAUL F. WALSH			For	41700		0	0		0
13	TO APPROVE AN AMENDMENT TO STAPLES' CERTIFICATE OF INCORPORATION DELETING ARTICLE XII TO REMOVE PROVISIONS THAT REQUIRE HOLDERS OF AT LEAST TWO-THIRDS OF STAPLES' OUTSTANDING VOTING STOCK TO APPROVE CERTAIN SIGNIFICANT CORPORATE TRANSACTIONS.			For	41700		0	0		0
14	TO APPROVE STAPLES' EXECUTIVE OFFICER INCENTIVE PLAN FOR THE FISCAL YEARS 2008 THROUGH 2012.			For	41700		0	0		0
15	TO APPROVE AN AMENDMENT TO STAPLES' AMENDED AND RESTATED 2004 STOCK INCENTIVE PLAN INCREASING THE TOTAL NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE UNDER THE PLAN BY 15,100,000 SHARES, FROM 62,330,000 SHARES TO 77,430,000 SHARES.			For	41700		0	0		0
16	TO RATIFY THE SELECTION BY THE AUDIT COMMITTEE OF ERNST & YOUNG LLP AS STAPLES' INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE CURRENT FISCAL YEAR.			For	41700		0	0		0
17	TO ACT ON A SHAREHOLDER PROPOSAL REGARDING STOCKHOLDERS' ABILITY TO CALL SPECIAL MEETINGS EXPECTED TO COME BEFORE THE MEETING.			Against	0		41700	0		0
BEST BUY CO., INC.
Security:		086516101				Meeting Type:			Annual
Ticker:		BBY				Meeting Date:			25-Jun-2008
ISIN		US0865161014				Vote Deadline Date:			24-Jun-2008
Agenda		932891232	Management			Total Ballot Shares:			295455
Last Vote Date:		08-May-2008
Item	Proposal			Recommendation	For		Against	Abstain		Take No Action
1	DIRECTOR			For
	1	BRADBURY H. ANDERSON*			17000		0	0		0
	2	K.J. HIGGINS VICTOR*			17000		0	0		0
	3	ALLEN U. LENZMEIER*			17000		0	0		0
	4	ROGELIO M. REBOLLEDO*			17000		0	0		0
	5	FRANK D. TRESTMAN*			17000		0	0		0
	6	GEORGE L. MIKAN III**			17000		0	0		0
2	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING FEBRUARY 28, 2009.			For	17000		0	0		0
3	APPROVAL OF THE BEST BUY CO., INC. 2008 EMPLOYEE STOCK PURCHASE PLAN.			For	17000		0	0		0
4	APPROVAL OF AN AMENDMENT TO THE BEST BUY CO., INC. RESTATED ARTICLES OF INCORPORATION.			For	17000		0	0		0

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.

BLUE CHIP INVESTOR  FUNDS

By: /s/ Ross C. Provence                                                   

       Ross C. Provence, President

Date:             8/25/08