EX-99.77C VOTES 3 ex77comni.txt SHAREHOLDER VOTES (A) A special meeting of the shareholders of Berger Small Cap Value Fund ("BSCV", the "Fund") was held on March 7, 2003. Shareholders at the meetings approved the following proposals (certain proposals not applicable to BSCV have been omitted): PROPOSAL 1: For BSCV, to approve a new investment advisory agreement for the Fund with Janus Capital Management LLC ("Janus"). Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 55,021,944 9,487,839 2,603,288 67,113,071 PROPOSAL 2: For shareholders of BSCV, to approve a new subadvisory agreement between Janus and Perkins, Wolf, McDonnell & Co. ("PWM") and a new subadvisory agreement between Janus and a newly formed subsidiary of PWM. Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 62,217,851 2,242,986 2,652,234 67,113,071 PROPOSAL 4: For BSCV, to approve changes to the Fund's fundamental policies, including changing the Fund's investment objective from fundamental to non-fundamental. (a) Diversification Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,317,358 2,474,295 3,321,418 67,113,071 (b) Concentration Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,314,061 2,477,592 3,321,418 67,113,071 (c) Borrowing Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,302,163 2,488,819 3,322,089 67,113,071 (d) Senior Securities Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,320,272 2,470,710 3,322,089 67,113,071 (e) Underwriting Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,311,511 2,479,471 3,322,089 67,113,071 (f) Lending Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,167,888 2,623,765 3,321,418 67,113,071 (g) Real Estate Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,317,714 2,473,939 3,321,418 67,113,071 (h) Commodities Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,307,979 2,483,674 3,321,418 67,113,071 (i) Investment Companies Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,164,349 2,626,926 3,321,796 67,113,071 (j) Investing for Control or Management Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,285,771 2,505,882 3,321,418 67,113,071 (k) Officer and Trustee Investments Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,153,779 2,637,874 3,321,418 67,113,071 (l) Joint Trading Accounts Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,162,982 2,628,293 3,321,796 67,113,071 (m) Unseasoned Companies Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,151,992 2,639,661 3,321,418 67,113,071 (n) Ten Percent (10%) Ownership Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 61,173,323 2,618,330 3,321,418 67,113,071 (o) Pledging Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 53,930,790 9,860,192 3,322,089 67,113,071 (p) Use of Margin and Short Sales Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 53,920,970 9,870,011 3,322,089 67,113,071 (q) Illiquid Securities Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 53,932,629 9,858,353 3,322,089 67,113,071 (r) Oil, Gas and Mineral Leases Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 54,063,018 9,728,635 3,321,418 67,113,071 (s) Warrants Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 53,946,233 9,845,438 3,321,400 67,113,071 (t) Investment Objectives Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 53,856,651 9,935,391 3,321,029 67,113,071 PROPOSAL 6: For BSCV, to elect the following seven (7) Trustees to its Board of Trustees, replacing the Fund's current board members. For Withheld Total ---------------------------------------------------------------------- Thomas H. Bailey 63,964,721 3,148,350 67,113,071 William F. McCalpin 63,981,802 3,131,269 67,113,071 John W. McCarter, Jr. 63,965,781 3,147,289 67,113,071 Dennis B. Mullen 63,977,364 3,135,707 67,113,071 James T. Rothe 63,978,534 3,134,537 67,113,071 William D. Stewart 63,985,279 3,127,792 67,113,071 Martin H. Waldinger 63,934,205 3,178,866 67,113,071 The former Trustees of BIP Trust are as follows: Michael Owen; Dennis E. Baldwin; Katherine A. Cattanach; Paul R. Knapp; Harry T. Lewis, Jr.; William Sinclaire; Albert C. Yates; and Jack R. Thompson PROPOSAL 7: For BSCV, to approve an Agreement and Plan of Reorganization, whereby that Fund would be reorganized into Janus Small Cap Value FUnd, a newly created series of the Janus Funds. Withheld/ For Against Abstain Total ---------------------------------------------------------------------- BSCV 54,699,660 9,790,886 2,622,525 67,113,071