EX-99.77C 3 d780836dex9977c.htm EX-99.77C EX-99.77C

SHAREHOLDER MEETING RESULTS

A Special Meeting of the fund’s shareholders was held on August 15, 2014 for ASP, BSP, CSP, and SLA. Each matter voted upon at the meeting, as well as the number of votes cast for, against or withheld, the number of abstentions, and the number of broker non-votes (if any) with respect to such matters, are set forth below.

 

(1) For each fund, to approve an Agreement and Plan of Merger pursuant to which each fund will merge with and into DRAIF Merger Sub, LLC (the “Merger Sub”), a Massachusetts limited liability company and a wholly-owned subsidiary of Diversified Real Asset Income Fund, a newly organized Massachusetts business trust (the “Acquiring Fund”), with shareholders of each fund receiving newly issued common shares of the Acquiring Fund in exchange for their fund shares (with cash being distributed in lieu of any fractional Acquiring Fund common shares). The following votes were cast regarding this matter:

 

Fund

   Shares
Voted “For”
     Shares
Voted “Against”
     Abstentions      Broker
Non-Votes
 

ASP

     2,189,927         85,018         44,043           

BSP

     10,505,256         330,188         80,882           

CSP

     14,125,350         260,660         108,453           

SLA

     5,917,874         212,413         114,264           

 

(2) (a) To approve a new sub-advisory agreement between USBAM and Nuveen Fund Advisors, LLC. The following votes were cast regarding this matter:

 

Fund

   Shares
Voted “For”
     Shares
Voted “Against”
     Abstentions      Broker
Non-Votes
 

ASP

     2,202,011         74,236         42,741           

BSP

     10,517,660         307,643         91,023           

CSP

     14,156,364         216,737         121,362           

SLA

     5,944,506         182,407         117,638           

 

(2) (b) To approve a new sub-advisory agreement between USBAM and Nuveen Asset Management, LLC. The following votes were cast regarding this matter:

 

Fund

   Shares
Voted “For”
     Shares
Voted “Against”
     Abstentions      Broker
Non-Votes
 

ASP

     2,200,135         72,812         46,041           

BSP

     10,521,217         302,058         93,051           

CSP

     14,158,427         217,067         118,969           

SLA

     5,944,460         187,403         112,688           

Also on August 15, 2014, ASP, BSP, CSP, and SLA each held an annual meeting of shareholders to consider the election of directors. The number of votes cast for and the number of votes withheld are set forth below.

 

     ASP      BSP  
     Shares
Voted “For”
     Shares Withholding
Authority to Vote
     Shares
Voted “For”
     Shares Withholding
Authority to Vote
 

Roger A. Gibson

     3,109,795         158,100         12,785,623         589,179   

John P. Kayser

     3,111,026         156,869         12,784,856         589,946   

Leonard W. Kedrowski

     3,109,757         158,138         12,792,837         581,965   

Richard K. Riederer

     3,109,795         158,100         12,775,103         599,699   

James M. Wade

     3,109,757         158,138         12,778,628         596,174   
     CSP      SLA  
     Shares
Voted “For”
     Shares Withholding
Authority to Vote
     Shares
Voted “For”
     Shares Withholding
Authority to Vote
 

Roger A. Gibson

     17,985,838         363,539         8,600,962         304,848   

John P. Kayser

     17,984,748         364,629         8,594,147         311,663   

Leonard W. Kedrowski

     17,985,057         364,320         8,596,999         308,811   

Richard K. Riederer

     17,977,985         371,392         8,593,669         312,141   

James M. Wade

     17,979,723         369,654         8,593,789         312,021