EX-99.77C PROXY 3 ex99-77c.txt RESULTS OF MEETING OF SHAREHOLDERS Results of Meeting of Shareholders AXP GROWTH FUND REGULAR MEETING OF SHAREHOLDERS HELD ON NOVEMBER 13, 2002 (UNAUDITED) A brief description of each proposal voted upon at the meeting and the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each proposal is set forth below. Proposal 1 To elect the thirteen nominees specified below as Board members*. Shares Voted "For" Shares Withholding Authority to Vote Arne H. Carlson 161,067,509.378 8,777,289.897 Philip J. Carroll, Jr. 161,696,909.389 8,147,889.886 Livio D. DeSimone 161,363,098.318 8,481,700.957 Barbara H. Fraser 161,749,782.777 8,095,016.498 Ira D. Hall 161,624,688.292 8,220,110.983 Heinz F. Hutter 161,223,353.993 8,621,445.282 Anne P. Jones 161,454,050.036 8,390,749.239 Stephen R. Lewis, Jr. 161,977,476.287 7,867,322.988 Alan G. Quasha 161,843,920.313 8,000,878.962 Stephen W. Roszell 161,838,277.012 8,006,522.263 Alan K. Simpson 160,863,762.643 8,981,036.632 Alison Taunton-Rigby 161,799,304.848 8,045,494.427 William F. Truscott 161,815,746.539 8,029,052.736 Proposal 2 To Amend the Articles of Incorporation/Declaration of Trust*: 2(a). To allow one vote/dollar instead of one vote/share. Shares Voted "For" Shares Voted "Against" Abstentions Broker Non-Votes 141,057,904.638 17,507,272.377 4,873,844.260 6,405,778.000 Proposal 3 To approve a policy authorizing American Express Financial Corporation, subject to Board approval, to retain and replace subadvisers, or to modify subadvisory agreements, without shareholder approval. Shares Voted "For" Shares Voted "Against" Abstentions Broker Non-Votes 91,594,183.882 10,794,945.503 3,027,271.539 4,381,082.000 Proposal 4 To approve changes to the Investment Management Services Agreement: 4(b). To modify the performance incentive adjustment calculation. Shares Voted "For" Shares Voted "Against" Abstentions Broker Non-Votes 90,506,862.032 10,718,195.735 4,191,343.157 4,381,082.000 * Denotes Registrant-wide proposals and voting results. Results of Meeting of Shareholders AXP LARGE CAP EQUITY FUND REGULAR MEETING OF SHAREHOLDERS HELD ON NOVEMBER 13, 2002 (UNAUDITED) A brief description of each proposal voted upon at the meeting and the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each proposal is set forth below. Proposal 1 To elect the thirteen nominees specified below as Board members*. Shares Voted "For" Shares Withholding Authority to Vote Arne H. Carlson 161,067,509.378 8,777,289.897 Philip J. Carroll, Jr. 161,696,909.389 8,147,889.886 Livio D. DeSimone 161,363,098.318 8,481,700.957 Barbara H. Fraser 161,749,782.777 8,095,016.498 Ira D. Hall 161,624,688.292 8,220,110.983 Heinz F. Hutter 161,223,353.993 8,621,445.282 Anne P. Jones 161,454,050.036 8,390,749.239 Stephen R. Lewis, Jr. 161,977,476.287 7,867,322.988 Alan G. Quasha 161,843,920.313 8,000,878.962 Stephen W. Roszell 161,838,277.012 8,006,522.263 Alan K. Simpson 160,863,762.643 8,981,036.632 Alison Taunton-Rigby 161,799,304.848 8,045,494.427 William F. Truscott 161,815,746.539 8,029,052.736 Proposal 2 To Amend the Articles of Incorporation/Declaration of Trust*: 2(a). To allow one vote/dollar instead of one vote/share. Shares Voted "For" Shares Voted "Against" Abstentions Broker Non-Votes 141,057,904.638 17,507,272.377 4,873,844.260 6,405,778.000 Proposal 4 To approve changes to the Investment Management Services Agreement: 4(b). To modify the performance incentive adjustment calculation. Shares Voted "For" Shares Voted "Against" Abstentions Broker Non-Votes 3,293,266.905 233,922.875 102,061.449 641,184.000 * Denotes Registrant-wide proposals and voting results. Results of Meeting of Shareholders AXP LARGE CAP VALUE FUND REGULAR MEETING OF SHAREHOLDERS HELD ON NOVEMBER 13, 2002 (UNAUDITED) A brief description of each proposal voted upon at the meeting and the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each proposal is set forth below. Proposal 1 To elect the thirteen nominees specified below as Board members*. Shares Voted "For" Shares Withholding Authority to Vote Arne H. Carlson 161,067,509.378 8,777,289.897 Philip J. Carroll, Jr. 161,696,909.389 8,147,889.886 Livio D. DeSimone 161,363,098.318 8,481,700.957 Barbara H. Fraser 161,749,782.777 8,095,016.498 Ira D. Hall 161,624,688.292 8,220,110.983 Heinz F. Hutter 161,223,353.993 8,621,445.282 Anne P. Jones 161,454,050.036 8,390,749.239 Stephen R. Lewis, Jr. 161,977,476.287 7,867,322.988 Alan G. Quasha 161,843,920.313 8,000,878.962 Stephen W. Roszell 161,838,277.012 8,006,522.263 Alan K. Simpson 160,863,762.643 8,981,036.632 Alison Taunton-Rigby 161,799,304.848 8,045,494.427 William F. Truscott 161,815,746.539 8,029,052.736 Proposal 2 To Amend the Articles of Incorporation/Declaration of Trust*: 2(a). To allow one vote/dollar instead of one vote/share. Shares Voted "For" Shares Voted "Against" Abstentions Broker Non-Votes 141,057,904.638 17,507,272.377 4,873,844.260 6,405,778.000 Proposal 4 To approve changes to the Investment Management Services Agreement: 4(b). To modify the performance incentive adjustment calculation. Shares Voted "For" Shares Voted "Against" Abstentions Broker Non-Votes 815,391.569 84,937.514 18,872.483 147,121.000 * Denotes Registrant-wide proposals and voting results. Results of Meeting of Shareholders AXP RESEARCH OPPORTUNITIES FUND REGULAR MEETING OF SHAREHOLDERS HELD ON NOVEMBER 13, 2002 (UNAUDITED) A brief description of each proposal voted upon at the meeting and the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each proposal is set forth below. Proposal 1 To elect the thirteen nominees specified below as Board members*. Shares Voted "For" Shares Withholding Authority to Vote Arne H. Carlson 161,067,509.378 8,777,289.897 Philip J. Carroll, Jr. 161,696,909.389 8,147,889.886 Livio D. DeSimone 161,363,098.318 8,481,700.957 Barbara H. Fraser 161,749,782.777 8,095,016.498 Ira D. Hall 161,624,688.292 8,220,110.983 Heinz F. Hutter 161,223,353.993 8,621,445.282 Anne P. Jones 161,454,050.036 8,390,749.239 Stephen R. Lewis, Jr. 161,977,476.287 7,867,322.988 Alan G. Quasha 161,843,920.313 8,000,878.962 Stephen W. Roszell 161,838,277.012 8,006,522.263 Alan K. Simpson 160,863,762.643 8,981,036.632 Alison Taunton-Rigby 161,799,304.848 8,045,494.427 William F. Truscott 161,815,746.539 8,029,052.736 Proposal 2 To Amend the Articles of Incorporation/Declaration of Trust*: 2(a). To allow one vote/dollar instead of one vote/share. Shares Voted "For" Shares Voted "Against" Abstentions Broker Non-Votes 141,057,904.638 17,507,272.377 4,873,844.260 6,405,778.000 Proposal 3 To approve a policy authorizing American Express Financial Corporation, subject to Board approval, to retain and replace subadvisers, or to modify subadvisory agreements, without shareholder approval. Shares Voted "For" Shares Voted "Against" Abstentions Broker Non-Votes 46,696,300.207 5,321,920.495 1,455,946.854 1,236,391.000 Proposal 4 To approve changes to the Investment Management Services Agreement: 4(b). To modify the performance incentive adjustment calculation. Shares Voted "For" Shares Voted "Against" Abstentions Broker Non-Votes 46,099,041.850 5,258,176.734 2,116,948.972 1,236,391.000 * Denotes Registrant-wide proposals and voting results.