N-PX 1 cutler_npx-0614.htm THE CUTLER TRUST - N-PX cutler_npx-0613.htm
 
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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      811-07242         


The Cutler Trust
(Exact name of registrant as specified in charter)
 
 
525 Bigham Knoll                                 Jacksonville, Oregon
97530
(Address of principal executive offices)
(Zip code)


Erich M. Patten

Cutler Investment Counsel, LLC               525 Bigham Knoll             Jacksonville, Oregon          97530
(Name and address of agent for service)


Registrant's telephone number, including area code:     (541) 770-9000         

Date of fiscal year end:      June 30                                             
 
Date of reporting period:    July 1, 2013 - June 30, 2014                

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 (ss.ss. 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 roles.

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. ss. 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.
 
 
SIGNATURES

[See General Instruction F]

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.


(Registrant)     The Cutler Trust         
 

By (Signature and Title)*
/s/ Erich M. Patten
  
 
Erich M. Patten, President
  
Date
July 21, 2014
    


* Print the name and title of each signing officer under his or her signature.
 
 
EXHIBIT A
 
CUTLER EQUITY FUND
PROXY VOTING RECORD:
July 1, 2013 - June 30, 2014
            
           
           
Name Ticker CUSIP
Annual Meeting
Date
 Item
Vote
Y/N
Type
Issuer (I) or Shareholder (S)
Vote
For (F)
Against (A) or
Abstain (ABS)
 With (W) or Against (A) Management
Procter & Gamble
PG
7427181109
8-Oct-13
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
REDUCE SUPERMAJORITY VOTING REQUIREMENTS
Y
I
F
W
 
 
 
 
APPROVE DIRECTORS' STOCK PLAN
Y
I
F
W
 
 
 
 
VOTE ON EXECUTIVE COMPENSATION
Y
I
F
W
Sysco Corp.
SYY
871829107
15-Nov-13
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
Microsoft Corp.
MSFT
594918104
19-Nov-13
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE INCENTIVE PLAN
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
RATIFY AUDITORS
Y
I
F
W
Verizon Communications
VZ
92343V104
28-Jan-14
APPROVE ISSUANCE OF STOCK TO VODAFONE SHAREHOLDERS
Y
I
F
W
 
 
 
 
APPROVE AMENDMENT TO CERT OF INCORPORATION
Y
I
F
W
 
 
 
 
APPROVE ADJOURNMENT OF SPECIAL MEETING
Y
I
F
W
Monsanto
MON
61166W101
28-Jan-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
REPORT RELATED TO LABELING GENETICALLY ENGINEERED FOOD
Y
S
A
W
 
 
 
 
REPORT RELATED TO GMO PRODUCTS
Y
S
A
W
Becton, Dickinson and Company
BDX
075887109
28-Jan-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE EQUITY BASED COMPENSATION
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE INCENTIVE PLAN
Y
I
F
W
 
 
 
 
INDEPENDENT BOARD CHAIR
Y
S
A
W
Emerson Electric
EMR
291087203
4-Feb-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
APPROVAL, BY NON-BINDING ADVISORY VOTE, OF EMERSON ELECTRIC CO. EXECUTIVE COMPENSATION.
Y
I
F
W
 
 
 
 
RATIFICATION OF KPMG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.
Y
I
F
W
 
 
 
 
APPROVAL OF THE STOCKHOLDER PROPOSAL REQUESTING ISSUANCE OF A SUSTAINABILITY REPORT AS DESCRIBED IN THE PROXY STATEMENT.
Y
S
A
W
 
 
 
 
APPROVAL OF THE STOCKHOLDER PROPOSAL REQUESTING ISSUANCE OF A POLITICAL CONTRIBUTIONS REPORT AS DESCRIBED IN THE PROXY STATEMENT.
Y
S
A
W
 
 
 
 
APPROVAL OF THE STOCKHOLDER PROPOSAL REQUESTING ISSUANCE OF A LOBBYING REPORT AS DESCRIBED IN THE PROXY STATEMENT.
Y
S
A
W
Deere & Company
DE
244199105
26-Feb-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
VOTE ON EXECUTIVE COMPENSATION
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
National Fuel Gas Co.
NFG
636180101
13-Mar-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
STOCKHOLDER'S PROPOSAL
Y
S
A
W
Walt Disney Company
DIS
254687106
18-Mar-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
APPROVE CERTIFICATE OF INCORPORATION
Y
I
F
W
 
 
 
 
SHAREHOLDER PROPOSAL RELATING TO PROXY ACCESS
Y
S
A
W
 
 
 
 
SHAREHOLDER PROPOSAL RELATING TO EQUITY AWARDS
Y
S
A
W
M&T Bank Corportation
MTB
55261F104
15-Apr-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
Texas Instruments
TXN
882508104
17-Apr-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EMPLOYEE STOCK PURCHASE PLAN
Y
I
F
W
 
 
 
 
APPROVE PERF GOALS IN LONG-TERM INCENTIVE PLAN
Y
I
F
W
E.I. Du Pont De Nemours
DD
263534109
23-Apr-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
POLITICAL SPENDING
Y
S
A
W
 
 
 
 
HERBICIDE USE
Y
S
A
W
 
 
 
 
PLANT CLOSURE
Y
S
A
W
 
 
 
 
ACCELERATION OF EQUITY AWARDS
Y
S
A
W
Johnson & Johnson
JNJ
478160104
24-Apr-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
EXECUTIVES TO RETAIN SIGNIFICANT STOCK
Y
S
A
W
AT&T Inc.
T
 001957109
25-Apr-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY AUDITORS
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
APPROVE SEVERANCE POLICY
Y
I
F
W
 
 
 
 
POLITICAL REPORT
Y
S
A
W
 
 
 
 
LOBBYING REPORT
Y
S
A
W
 
 
 
 
WRITTEN CONSENT
Y
S
A
W
International Business Machines Corp.
IBM
459200101
29-Apr-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
APPROVE LONG TERM INCENTIVE PLAN
Y
I
F
W
 
 
 
 
EMPLOYEE STOCK PURCHASE PLAN
Y
I
F
W
 
 
 
 
LOBBYING REPORT
Y
S
A
W
 
 
 
 
WRITTEN CONSENT
Y
S
A
W
 
 
 
 
ACCELERATED EXECUTIVE PAY
Y
S
A
W
The Chubb Corporation
CB
171232101
29-Apr-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
APPROVE LONG TERM INCENTIVE PLAN
Y
I
F
W
 
 
 
 
RATIFY AUDITORS
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
PREPARATION OFANNUAL SUSTAINABILITY REPORT
Y
S
A
W
Verizon Communications, Inc.
VZ
92343V104
1-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
IMPLEMENT PROXY ACCESS
Y
I
F
W
 
 
 
 
NETWORK NEUTRALITY
Y
S
A
W
 
 
 
 
LOBBYING ACTIVITIES
Y
S
A
W
 
 
 
 
SEVERANCE APPROVAL POLICY
Y
S
A
W
 
 
 
 
SHAREHOLDER RIGHT TO CALL SPECIAL MEETING
Y
S
A
W
 
 
 
 
SHAREHOLDER RIGHT TO ACT BY WRITTEN CONSENT
Y
S
A
W
 
 
 
 
PROXY VOTING AUTHORITY
Y
S
A
W
Archer-Daniels-Midland Co.
ADM
039483102
1-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY AUDITORS
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
INDEPENDENT BOARD CHAIR
Y
S
A
W
Bristol-Myers Squibb Co.
BMY
110122108
6-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
SIMPLE MAJORITY VOTE
Y
S
ABS
W
Nordstrom, Inc.
JWN
655664100
7-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
Pepsico, Inc.
PEP
713448108
7-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE INCENTIVE PLAN
Y
I
F
W
 
 
 
 
APPROVAL OF POLITICAL CONTRIBUTIONS
Y
S
A
W
 
 
 
 
EXECUTIVES TO RETAIN SIGNIFICANT STOCK
Y
S
A
W
American Express Company
AXP
025816109
12-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
DISCLOSURE OF EEO-1 DATA
Y
S
A
W
 
 
 
 
REPORT ON PRIVACY, DATA SECURITY, AND GOV REQUESTS
Y
S
A
W
 
 
 
 
WRITTEN CONSENT
Y
S
A
W
 
 
 
 
EXECUTIVES TO RETAIN SIGNIFICANT STOCK
Y
S
A
W
ConocoPhillips
COP
20825C104
13-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE STOCK AND PERFORMANCE INCENTIVE PLAN
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
REPORT ON LOBBYING EXPENDITURES
Y
S
A
W
 
 
 
 
GREENHOUSE GAS REDUCTION TARGETS
Y
S
A
W
The Charles Schwab Corp.
SCHW
808513105
15-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
POLITICAL CONTRIBUTIONS
Y
S
A
W
 
 
 
 
DISCLOSURE OF EEO-1 DATA
Y
S
A
W
 
 
 
 
ACCELERATED VESTING
Y
S
F
A
Intel Corporation
INTC
458140100
22-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
McDonald's Corporation
MCD
580135101
22-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
APPROVE PERF GOALS IN 2209 CASH INCENTIVE PLAN
Y
I
F
W
 
 
 
 
APPROVE APPOINTMENT OF AUDITOR
Y
I
F
W
 
 
 
 
SHAREHOLDER PROPOSAL TO ACT BY WRITTEN CONSENT
Y
S
A
W
The Home Depot, Inc.
HD
437076102
22-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
SPECIAL SHAREHOLDER MEETINGS
Y
S
A
W
 
 
 
 
EMPLOYMENT DIVERSITY REPORT
Y
S
A
W
Merck & Co., Inc.
MRK
589331107
22-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
SHAREHOLDER PROPOSAL TO ACT BY WRITTEN CONSENT
Y
S
A
W
 
 
 
 
SPECIAL SHAREHOLDER MEETINGS
Y
S
A
W
Exxon Mobil Corp.
XOM
30231G102
28-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
MAJORITY VOTE FOR DIRECTORS
Y
S
A
W
 
 
 
 
LIMIT DIRECTORSHIPS
Y
S
A
W
 
 
 
 
AMENDMENT OF EEO POLICY
Y
S
A
W
 
 
 
 
REPORT ON LOBBYING EXPENDITURES
Y
S
A
W
 
 
 
 
GREENHOUSE GAS EMISSIONS GOALS
Y
S
A
W
Chevron Corp.
CVX
166764100
25-May-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
CHARITABLE CONTRIBUTIONS DISCLOSURE
Y
S
A
W
 
 
 
 
LOBBYING DISCLOSURE
Y
S
A
W
 
 
 
 
SHALE ENERGY OPERATIONS
Y
S
F
A
 
 
 
 
INDEPENDENT BOARD CHAIR
Y
S
A
W
 
 
 
 
SPECIAL SHAREHOLDER MEETINGS
Y
S
A
W
 
 
 
 
INDEPENDENT DIRECTOR WITH ENVIRONMENTAL EXPERTISE
Y
S
A
W
 
 
 
 
COUNTRY SELECTION GUIDELINES
Y
S
A
W
Blackrock, Inc.
BLK
497266106
29-May-14
ELECTION OF DIRECTOR
Y
S
A
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
APPROVE STOCK AND PERFORMANCE INCENTIVE PLAN
Y
I
F
W
 
 
 
 
APPROVE INCENTIVE PERFORMANCE PLAN
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
Target Corp
TGT
87612E106
11-Jun-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
APPROVE EXECUTIVE COMPENSATION PLAN
Y
I
F
W
 
 
 
 
ELIMINATE PERQUISITIES
Y
S
A
W
 
 
 
 
INDEPENDENT CHAIRMAN
Y
S
A
W
 
 
 
 
DISCRIMINATION POLICY
Y
S
A
W
Caterpillar
CAT
149123101
11-Jun-14
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
ELECTION OF DIRECTOR
Y
I
F
W
 
 
 
 
RATIFY ACCOUNTING FIRM
Y
I
F
W
 
 
 
 
ADVISORY VOTE ON EXECUTIVE COMPENSATION
Y
I
F
W
 
 
 
 
APPROVE LONG TERM INCENTIVE PLAN
Y
I
F
W
 
 
 
 
APPROVE SHORT TERM INCENTIVE PLAN
Y
I
F
W
 
 
 
 
REVIEW GLOBAL CORPORATE STANDARDS
Y
S
A
W
 
 
 
 
SALES TO SUDAN
Y
S
A
W
 
 
 
 
CUMULATIVE VOTING
Y
S
A
W
 
 
 
 
 
 
 
 
 
Cutler Fixed Income Fund
 
PROXY VOTING RECORD: July 1, 2013- June 30, 2014
 
 
The Fund held no securities entitled to vote at a meeting of shareholders during the reporting period (July 1, 2013 through June 30, 2014).