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 811-09435

WADDELL & REED ADVISORS FUNDS

(Exact Name as Specified in Charter)

6300 Lamar Avenue, Overland Park, Kansas 66202-4200

(Address of Principal Executive Office) (Zip Code)

Philip A. Shipp, 6300 Lamar Avenue, Overland Park, Kansas 66202-4200

(Name and Address of Agent for Service)

Registrant’s Telephone Number, including Area Code: (913) 236-2000

Date of fiscal year end: September 30

Date of reporting period: July 1, 2012 to June 30, 2013

WADDELL & REED ADVISORS BOND FUND

Proxy Voting Record

There was no proxy voting for Waddell & Reed Advisors Bond Fund, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company Act of 1940, as amended, and Rule 30b1-4 thereunder.

WADDELL & REED ADVISORS CASH MANAGEMENT

Proxy Voting Record

There was no proxy voting for Waddell & Reed Advisors Cash Management, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company Act of 1940, as amended, and Rule 30b1-4 thereunder.

WADDELL & REED ADVISORS GLOBAL BOND FUND

Proxy Voting Record

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Transmissora Alianca De Energia Eletrica SA

Meeting Date:	17-Sep-12	Country:	Brazil	Security ID:	P9T5CD126
Record Date:		Meeting Type:	Special	Ticker:	TAEE11

Shares Voted: 102,000 Shares Instructed: 102,000

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Fiscal Council Member	Mgmt	For	Refer	Against
Voter Rationale: 2.6b lack of information
Rationale: 2.6b lack of information
Authorize Issuance of Non-Convertible Bonds and/or Promissory Notes	Mgmt	For	Refer	For
Voter Rationale: 99
Rationale: 99
Authorize the Board to set the Terms of the Issuance of Non-Convertible Bonds and/or Promissory Notes	Mgmt	For	Refer	For
Voter Rationale: 99
Rationale: 99
Authorize Management to Ratify and Execute Approved Resolutions	Mgmt	For	For	For
Voter Rationale: 2.14b
Rationale: 2.14b
Amend Article 4 to Reflect Changes in Capital	Mgmt	For	Refer	For
Voter Rationale: 3.23c
Rationale: 3.23c
Consolidate Bylaws	Mgmt	For	Refer	For
Voter Rationale: 3.23c
Rationale: 3.23c

Transmissora Alianca De Energia Eletrica SA

Meeting Date:	04-Dec-12	Country:	Brazil	Security ID:	P9T5CD126
Record Date:		Meeting Type:	Special	Ticker:	TAEE11

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Transmissora Alianca De Energia Eletrica SA

Shares Voted: 139,100 Shares Instructed: 139,100

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Approve Company’s Participation in Brazilian Electricity Regulatory Agency’s (ANEEL) Auction	Mgmt	For	Refer	For
Voter Rationale: 3.5
Rationale: 3.5
Approve Stock Split	Mgmt	For	Refer	For
Voter Rationale: 3.6
Rationale: 3.6

Transmissora Alianca De Energia Eletrica SA

Meeting Date:	18-Dec-12	Country:	Brazil	Security ID:	P9T5CD126
Record Date:		Meeting Type:	Special	Ticker:	TAEE11

Shares Voted: 417,300 Shares Instructed: 417,300

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Approve Company’s Participation in Brazilian Electricity Regulatory Agency’s (ANEEL) Auction	Mgmt	For	Refer	For
Voter Rationale: 3.5
Rationale: 3.5

Transmissora Alianca De Energia Eletrica SA

Meeting Date:	31-Jan-13	Country:	Brazil	Security ID:	P9T5CD126
Record Date:	29-Jan-13	Meeting Type:	Special	Ticker:	TAEE11

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Transmissora Alianca De Energia Eletrica SA

Shares Voted: 417,300 Shares Instructed: 417,300

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Appoint Independent Firm to Appraise Proposed Transactions	Mgmt	For	Refer	For
Voter Rationale: 3.5 per Dan Vrabac
Rationale: 3.5 per Dan Vrabac
Approve Independent Firm’s Appraisal	Mgmt	For	Refer	For
Voter Rationale: 3.5 per Dan Vrabac
Rationale: 3.5 per Dan Vrabac
Approve Agreement to Absorb NTE and UNISA	Mgmt	For	Refer	For
Voter Rationale: 3.5 per Dan Vrabac
Rationale: 3.5 per Dan Vrabac
Ratify Absorption of NTE and UNISA	Mgmt	For	Refer	For
Voter Rationale: 3.5 per Dan Vrabac
Rationale: 3.5 per Dan Vrabac
Ratify Absorption of STE and ATE by UNISA	Mgmt	For	Refer	For
Voter Rationale: 3.5 per Dan Vrabac
Rationale: 3.5 per Dan Vrabac
Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For	For
Voter Rationale: 2.14b
Rationale: 2.14b

Banco Latinoamericano de Comercio Exterior SA

Meeting Date:	17-Apr-13	Country:	Panama	Security ID:	P16994132
Record Date:	11-Mar-13	Meeting Type:	Annual	Ticker:	BLX

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Banco Latinoamericano de Comercio Exterior SA

Shares Voted: 307,300 Shares Instructed: 307,300

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Approve Consolidated Financial Statements and Statutory Reports for Fiscal Year 2012	Mgmt	For	For	For
Rationale: Item 3.24a
Ratify Deloitte as Auditor	Mgmt	For	For	For
Rationale: Item 3.1a
Reelect Herminio A. Blanco as Director to Represent Holders of Class E Shares	Mgmt	For	For	For
Rationale: Item 2.6a
Reelect Maria da Graça França as Director to Represent Holders of Class E Shares	Mgmt	For	For	For
Rationale: Item 2.6a
Reelect William D. Hayes as Director to Represent Holders of Class E Shares	Mgmt	For	For	For
Rationale: Item 2.6a
Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
Rationale: Item 2.8c
Transact Other Business (Non-Voting)	Mgmt

Aguas Andinas SA

Meeting Date:	23-Apr-13	Country:	Chile	Security ID:	P4171M125
Record Date:	17-Apr-13	Meeting Type:	Annual	Ticker:	AGUAS-A

Shares Voted: 3,908,674 Shares Instructed: 3,908,674

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Accept External Auditor’s Reports, Annual Report and Financial Statements for Fiscal Year 2012	Mgmt	For	For	For
Voter Rationale: 3.24a
Rationale: 3.24a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Aguas Andinas SA

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Approve Allocation of Income and Dividends	Mgmt	For	For	For
Voter Rationale: 3.18a
Rationale: 3.18a
Approve Dividend Policy	Mgmt	For	For	For
Voter Rationale: 3.18a
Rationale: 3.18a
Approve Special Auditors’ Report Regarding Related-Party Transactions	Mgmt	For	Refer	For
Voter Rationale: 3.5
Rationale: 3.5
Elect External Auditors	Mgmt	For	For	For
Voter Rationale: 3.1a
Rationale: 3.1a
Designate Risk Assessment Companies	Mgmt	For	Refer	For
Voter Rationale: 99
Rationale: 99
Approve Remuneration of Directors	Mgmt	For	Refer	For
Voter Rationale: 2.8a
Rationale: 2.8a
Present Report on Board’s Expenses	Mgmt	For	For	For
Voter Rationale: 3.24a
Rationale: 3.24a
Approve Remuneration and Budget of Directors’ Committee	Mgmt	For	Refer	For
Voter Rationale: 2.8a
Rationale: 2.8a
Present Report on Activities Carried Out and Expenses Incurred by Directors’ Committee	Mgmt	For	For	For
Voter Rationale: 3.24a
Rationale: 3.24a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Aguas Andinas SA

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Designate Newspaper to Publish Meeting Announcements	Mgmt	For	Refer	For
Voter Rationale: 5.4
Rationale: 5.4
Other Business (Voting)	Mgmt	For	Against	Against
Voter Rationale: 7.7a due to lack of information
Rationale: 7.7a due to lack of information

Transmissora Alianca De Energia Eletrica SA

Meeting Date:	30-Apr-13	Country:	Brazil	Security ID:	P9T5CD126
Record Date:		Meeting Type:	Annual	Ticker:	TAEE11

Shares Voted: 417,300 Shares Instructed: 417,300

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012	Mgmt	For	For	For
Voter Rationale: 3.24a
Rationale: 3.24a
Approve Allocation of Income and Dividends	Mgmt	For	For	For
Voter Rationale: 3.18a
Rationale: 3.18a
Elect Directors	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Fiscal Council Members	Mgmt	For	Refer	For
Voter Rationale: 2.6a
Rationale: 2.6a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Transmissora Alianca De Energia Eletrica SA

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Approve Remuneration of Company’s Management	Mgmt	For	Refer	For
Voter Rationale: 2.8c
Rationale: 2.8c

Transmissora Alianca De Energia Eletrica SA

Meeting Date:	30-Apr-13	Country:	Brazil	Security ID:	P9T5CD126
Record Date:		Meeting Type:	Special	Ticker:	TAEE11

Shares Voted: 417,300 Shares Instructed: 417,300

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Rectify Approved Remuneration of Company’s Management	Mgmt	For	Refer	Against
Voter Rationale: 2.8c due to lack of disclosure
Rationale: 2.8c due to lack of disclosure
Authorize Issuance of Promissory Notes	Mgmt	For	Refer	For
Voter Rationale: 99
Rationale: 99
Authorize the Board to set the Terms of the Issuance of Promissory Notes	Mgmt	For	Refer	For
Voter Rationale: 99
Rationale: 99
Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For	For
Voter Rationale: 2.14b
Rationale: 2.14b
Approve Company’s Participation in Brazilian Electricity Regulatory Agency’s (ANEEL) Auction	Mgmt	For	Refer	For
Voter Rationale: 99
Rationale: 99

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

GlaxoSmithKline plc

Meeting Date:	01-May-13	Country:	United Kingdom	Security ID:	G3910J112
Record Date:	29-Apr-13	Meeting Type:	Annual	Ticker:	GSK

Shares Voted: 396,914 Shares Instructed: 396,914

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Accept Financial Statements and Statutory Reports	Mgmt	For	For	For
Voter Rationale: 3.24a
Rationale: 3.24a
Approve Remuneration Report	Mgmt	For	For	For
Voter Rationale: 2.8a
Rationale: 2.8a
Elect Lynn Elsenhans as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Jing Ulrich as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Hans Wijers as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Re-elect Sir Christopher Gent as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Re-elect Sir Andrew Witty as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Re-elect Sir Roy Anderson as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

GlaxoSmithKline plc

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Re-elect Dr Stephanie Burns as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Re-elect Stacey Cartwright as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Re-elect Simon Dingemans as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Re-elect Judy Lewent as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Re-elect Sir Deryck Maughan as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Re-elect Dr Daniel Podolsky as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Re-elect Dr Moncef Slaoui as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Re-elect Tom de Swaan as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Re-elect Sir Robert Wilson as Director	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Reappoint PricewaterhouseCoopers LLP as Auditors	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

GlaxoSmithKline plc

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Authorise the Audit & Risk Committee to Fix Remuneration of Auditors	Mgmt	For	For	For
Voter Rationale: 3.1a
Rationale: 3.1a
Authorise EU Political Donations and Expenditure	Mgmt	For	For	For
Voter Rationale: 7.2a
Rationale: 7.2a
Authorise Issue of Equity with Pre-emptive Rights	Mgmt	For	For	For
Voter Rationale: 3.9a
Rationale: 3.9a
Authorise Issue of Equity without Pre-emptive Rights	Mgmt	For	For	For
Voter Rationale: 3.9a
Rationale: 3.9a
Authorise Market Purchase of Ordinary Shares	Mgmt	For	For	For
Voter Rationale: 3.21a
Rationale: 3.21a
Approve the Exemption from Statement of the Name of the Senior Statutory Auditor in Published Copies of the Auditors’ Reports	Mgmt	For	Refer	For
Voter Rationale: 99
Rationale: 99
Authorise the Company to Call EGM with Two Weeks’ Notice	Mgmt	For	For	For
Voter Rationale: 3.2c
Rationale: 3.2c

Bristol-Myers Squibb Company

Meeting Date:	07-May-13	Country:	USA	Security ID:	110122108
Record Date:	14-Mar-13	Meeting Type:	Annual	Ticker:	BMY

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Bristol-Myers Squibb Company

Shares Voted: 133,733 Shares Instructed: 133,733

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Lamberto Andreotti	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Elect Director Lewis B. Campbell	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Elect Director James M. Cornelius	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Elect Director Laurie H. Glimcher	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Elect Director Michael Grobstein	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Elect Director Alan J. Lacy	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Elect Director Vicki L. Sato	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Elect Director Elliott Sigal	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Elect Director Gerald L. Storch	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Bristol-Myers Squibb Company

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Togo D. West, Jr.	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Ratify Auditors	Mgmt	For	For	For
Voter Rationale: Item 3.1a
Rationale: Item 3.1a
Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
Voter Rationale: Item 5.1d
Rationale: Item 5.1d

The Dow Chemical Company

Meeting Date:	09-May-13	Country:	USA	Security ID:	260543103
Record Date:	18-Mar-13	Meeting Type:	Annual	Ticker:	DOW

Shares Voted: 150,064 Shares Instructed: 150,064

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Arnold A. Allemang	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Ajay Banga	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Jacqueline K. Barton	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

The Dow Chemical Company

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director James A. Bell	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Jeff M. Fettig	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Andrew N. Liveris	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Paul Polman	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Dennis H. Reilley	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director James M. Ringler	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Ruth G. Shaw	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Ratify Auditors	Mgmt	For	For	For
Voter Rationale: 3.1a
Rationale: 3.1a
Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
Voter Rationale: 5.1d
Rationale: 5.1d
Stock Retention	SH	Against	Refer	For
Voter Rationale: “99” Per Erik Becker and Matt Hekman
Rationale: “99” Per Erik Becker and Matt Hekman

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

PPL CORPORATION

Meeting Date:	15-May-13	Country:	USA	Security ID:	69351T106
Record Date:	28-Feb-13	Meeting Type:	Annual	Ticker:	PPL

Shares Voted: 0 Shares Instructed: 0

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Frederick M. Bernthal	Mgmt	For	For
Rationale: Item 2.6a
Elect Director John W. Conway	Mgmt	For	For
Rationale: Item 2.6a
Elect Director Philip G. Cox	Mgmt	For	For
Rationale: Item 2.6a
Elect Director Steven G. Elliott	Mgmt	For	For
Rationale: Item 2.6a
Elect Director Louise K. Goeser	Mgmt	For	For
Rationale: Item 2.6a
Elect Director Stuart E. Graham	Mgmt	For	For
Rationale: Item 2.6a
Elect Director Stuart Heydt	Mgmt	For	For
Rationale: Item 2.6a
Elect Director Raja Rajamannar	Mgmt	For	For
Rationale: Item 2.6a
Elect Director Craig A. Rogerson	Mgmt	For	For
Rationale: Item 2.6a
Elect Director William H. Spence	Mgmt	For	For
Rationale: Item 2.6a
Elect Director Natica von Althann	Mgmt	For	For
Rationale: Item 2.6a
Elect Director Keith H. Williamson	Mgmt	For	For
Rationale: Item 2.6a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

PPL CORPORATION

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Adopt Majority Voting for Uncontested Election of Directors	Mgmt	For	For
Rationale: Item 7.6a
Ratify Auditors	Mgmt	For	For
Rationale: Item 3.1a
Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For
Rationale: Item 5.1d
Report on Political Contributions	SH	Against	Against
Rationale: Item 7.2b

Intel Corporation

Meeting Date:	16-May-13	Country:	USA	Security ID:	458140100
Record Date:	18-Mar-13	Meeting Type:	Annual	Ticker:	INTC

Shares Voted: 199,138 Shares Instructed: 199,138

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Charlene Barshefsky	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Andy D. Bryant	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Susan L. Decker	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director John J. Donahoe	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Intel Corporation

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Reed E. Hundt	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director James D. Plummer	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director David S. Pottruck	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Frank D. Yeary	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director David B. Yoffie	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Ratify Auditors	Mgmt	For	For	For
Voter Rationale: 3.1a
Rationale: 3.1a
Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	Refer	For
Voter Rationale: 5.1 per Zack Shafran
Rationale: 5.1 per Zack Shafran
Amend Omnibus Stock Plan	Mgmt	For	Refer	For
Voter Rationale: 4.1
Rationale: 4.1
Stock Retention/Holding Period	SH	Against	Refer	Against
Voter Rationale: 4.4
Rationale: 4.4

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Royal Dutch Shell plc

Meeting Date:	21-May-13	Country:	United Kingdom	Security ID:	G7690A100
Record Date:	17-May-13	Meeting Type:	Annual	Ticker:	RDSA

Shares Voted: 138,412 Shares Instructed: 138,412

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Accept Financial Statements and Statutory Reports	Mgmt	For	For	For
Voter Rationale: Item 3.24a
Rationale: Item 3.24a
Approve Remuneration Report	Mgmt	For	For	For
Voter Rationale: Item 2.8c
Rationale: Item 2.8c
Re-elect Josef Ackermann as Director	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Re-elect Guy Elliott as Director	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Re-elect Simon Henry as Director	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Re-elect Charles Holliday as Director	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Re-elect Gerard Kleisterlee as Director	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Re-elect Jorma Ollila as Director	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Royal Dutch Shell plc

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Re-elect Sir Nigel Sheinwald as Director	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Re-elect Linda Stuntz as Director	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Re-elect Peter Voser as Director	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Re-elect Hans Wijers as Director	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Elect Gerrit Zalm as Director	Mgmt	For	For	For
Voter Rationale: Item 2.6a
Rationale: Item 2.6a
Reappoint PricewaterhouseCoopers LLP as Auditors	Mgmt	For	For	For
Voter Rationale: Item 3.1a
Rationale: Item 3.1a
Authorise Board to Fix Remuneration of Auditors	Mgmt	For	For	For
Voter Rationale: Item 3.1a
Rationale: Item 3.1a
Authorise Issue of Equity with Pre-emptive Rights	Mgmt	For	For	For
Voter Rationale: Item 3.9a
Rationale: Item 3.9a
Authorise Issue of Equity without Pre-emptive Rights	Mgmt	For	For	For
Voter Rationale: Item 3.9b
Rationale: Item 3.9b
Authorise Market Purchase of Ordinary Shares	Mgmt	For	For	For
Voter Rationale: Item 3.21a
Rationale: Item 3.21a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Royal Dutch Shell plc

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Authorise EU Political Donations and Expenditure	Mgmt	For	For	For
Voter Rationale: Item 7.2a
Rationale: Item 7.2a

Transmissora Alianca De Energia Eletrica SA

Meeting Date:	31-May-13	Country:	Brazil	Security ID:	P9T5CD126
Record Date:		Meeting Type:	Special	Ticker:	TAEE11

Shares Voted: 417,300 Shares Instructed: 417,300

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Change Location of Company Headquarters	Mgmt	For	Refer	For
Voter Rationale: 3.16a
Rationale: 3.16a
Consolidate Bylaws	Mgmt	For	Refer	For
Voter Rationale: 3.23c
Rationale: 3.23c
Approve Conditions Issued by the National Electric Energy Agency (ANEEL) for Corporate Restructuring Plan Approved by Shareholders at EGM on June 28, 2012	Mgmt	For	Refer	For
Voter Rationale: 3.5
Rationale: 3.5

Transmissora Alianca De Energia Eletrica SA

Meeting Date:	28-Jun-13	Country:	Brazil	Security ID:	P9T5CD126
Record Date:		Meeting Type:	Special	Ticker:	TAEE11

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    34 W&R Advisors Global Bond

Transmissora Alianca De Energia Eletrica SA

Shares Voted: 417,300 Shares Instructed: 417,300

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Ratify Deloitte Touche Tohmatsu Auditores Independentes as the Independent Firm to Appraise ATE II Transmissora de Energia S.A. (ATE II)	Mgmt	For	Refer	For
Voter Rationale: 3.1a
Rationale: 3.1a
Approve Independent Firm’s Appraisal	Mgmt	For	Refer	For
Voter Rationale: 3.5
Rationale: 3.5
Approve Agreement to Absorb ATE II Transmissora de Energia S.A.	Mgmt	For	Refer	For
Voter Rationale: 3.5
Rationale: 3.5
Approve Absorption of ATE II Transmissora de Energia S.A.	Mgmt	For	Refer	For
Voter Rationale: 3.5
Rationale: 3.5
Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For	For
Voter Rationale: 2.14b
Rationale: 2.14b

WADDELL & REED ADVISORS GOVERNMENT SECURITIES FUND

Proxy Voting Record

There was no proxy voting for Waddell & Reed Advisors Government Securities Fund, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company Act of 1940, as amended, and Rule 30b1-4 thereunder.

WADDELL & REED ADVISORS HIGH INCOME FUND

Proxy Voting Record

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    28 W&R Advisors High Income

ASG Warrant Corp

Meeting Date:	11-Sep-12	Country:	USA	Security ID:	00190B105
Record Date:	20-Jul-12	Meeting Type:	Annual	Ticker:	N/A

Shares Voted: 6,800 Shares Instructed: 6,800

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Bernt O. Bodal	Mgmt	For	Refer	For
Voter Rationale: 2.6a per Bryan Krug
Rationale: 2.6a per Bryan Krug
Elect Director Brad Bodenman	Mgmt	For	Refer	For
Voter Rationale: 2.6a per Bryan Krug
Rationale: 2.6a per Bryan Krug
Elect Director Matthew D. Latimer	Mgmt	For	Refer	For
Voter Rationale: 2.6a per Bryan Krug
Rationale: 2.6a per Bryan Krug

Kansas City Southern

Meeting Date:	02-May-13	Country:	USA	Security ID:	485170302
Record Date:	04-Mar-13	Meeting Type:	Annual	Ticker:	KSU

Shares Voted: 44,600 Shares Instructed: 44,600

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Terrence P. Dunn	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Antonio O. Garza, Jr.	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    28 W&R Advisors High Income

Kansas City Southern

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director David L. Starling	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Ratify Auditors	Mgmt	For	For	For
Voter Rationale: 3.1a
Rationale: 3.1a
Amend Omnibus Stock Plan	Mgmt	For	Refer	For
Voter Rationale: 4.1
Rationale: 4.1
Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
Voter Rationale: 5.1d
Rationale: 5.1d
Declassify the Board of Directors	SH	Against	For	For
Voter Rationale: 2.4b
Rationale: 2.4b

Roundy’s, Inc.

Meeting Date:	17-May-13	Country:	USA	Security ID:	779268101
Record Date:	22-Mar-13	Meeting Type:	Annual	Ticker:	RNDY

Shares Voted: 469,100 Shares Instructed: 469,100

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Robert A. Mariano	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    28 W&R Advisors High Income

Roundy’s, Inc.

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Gregory P. Josefowicz	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Ratify Auditors	Mgmt	For	For	For
Voter Rationale: 3.1a
Rationale: 3.1a
Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	Refer	Against
Voter Rationale: 5.1e per Bill Nelson
Rationale: 5.1e per Bill Nelson
Advisory Vote on Say on Pay Frequency	Mgmt	One Year	One Year	One Year
Voter Rationale: 5.5b
Rationale: 5.5b

Pinnacle Entertainment, Inc.

Meeting Date:	21-May-13	Country:	USA	Security ID:	723456109
Record Date:	27-Mar-13	Meeting Type:	Annual	Ticker:	PNK

Shares Voted: 51,500 Shares Instructed: 51,500

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Stephen C. Comer	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Richard J. Goeglein	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a

Vote Summary Report

Report was run from: 7/1/12 to 6/30/13

Location(s):    All locations

Institution Account(s):    28 W&R Advisors High Income

Pinnacle Entertainment, Inc.

Proposal	Proponent	Mgmt Rec	Policy Rec	Vote Instruction
Elect Director Bruce A. Leslie	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director James L. Martineau	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Desiree Rogers	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Anthony M. Sanfilippo	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Elect Director Jaynie M. Studenmund	Mgmt	For	For	For
Voter Rationale: 2.6a
Rationale: 2.6a
Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	For	For	For
Voter Rationale: 5.1d
Rationale: 5.1d
Amend Omnibus Stock Plan	Mgmt	For	Refer	For
Voter Rationale: 4.1
Rationale: 4.1
Ratify Auditors	Mgmt	For	For	For
Voter Rationale: 3.1a
Rationale: 3.1a

WADDELL & REED ADVISORS MUNICIPAL BOND FUND

Proxy Voting Record

There was no proxy voting for Waddell & Reed Advisors Municipal Bond Fund, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company Act of 1940, as amended, and Rule 30b1-4 thereunder.

WADDELL & REED ADVISORS MUNICIPAL HIGH INCOME FUND

Proxy Voting Record

There was no proxy voting for Waddell & Reed Advisors Municipal High Income Fund, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company Act of 1940, as amended, and Rule 30b1-4 thereunder.

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.

WADDELL & REED ADVISORS FUNDS

(Registrant)

By:	/s/Philip A. Shipp
	Philip A. Shipp, Assistant Secretary

Date: August 30, 2013

By:	/s/Henry J. Herrmann
	Henry J. Herrmann, President and Principal Executive Officer

Date: August 30, 2013