EX-99.77C VOTES 4 voting1.txt A special shareholders meeting of the Trust was held on September 17, 2014. At the meeting, the shares of the Trust were voted as indicated below: To elected six nominees to serve as Trustees of the Trust. VOTE ON TRUSTEES/DIRECTORS Shares Voted % Voted % of Total Shares Voted John C. Hindman For 36,652,480.495 97.574% 94.428% Withheld 911,353.801 2.426% 2.347% Margaret M. Cannella For 36,669,024.939 97.618% 94.470% Withheld 894,809.357 2.382% 2.305% Roger A. Formisano For 36,552,754.774 97.309% 94.171% Withheld 1,011,079.522 2.691% 2.604% Edward Gubman For 36,397,153.400 96.895% 93.770% Withheld 1,166,680.896 3.105% 3.005% Suanne K. Luhn For 36,664,998.255 97.608% 94.460% Withheld 898,836.041 2.392% 2.315% George J. Zock For 36,606,741.377 97.453% 94.310% Withheld 957,092.919 2.547% 2.465% For Equity Fund, Income Fund, International Fund, Small Cap Fund and Socially Responsible Fund only (each, an Acquired Fund): To approve an Agreement and Plan of Reorganization and the transactions it contemplates, including the transfer of all of the assets of an Acquired Fund to the Balanced Fund in exchange for shares of the Balanced Fund and the assumption by the Balanced Fund of all liabilities of the Acquired Fund, and the distribution of such shares to the shareholders of the Acquired Fund in complete liquidation and termination of the Acquired Fund. Equity Fund Shares Voted % Voted % of Total Shares Voted For 6,509,371.121 89.940% 79.417% Against 323,586.236 4.471% 3.948% Abstain 404,526.048 5.589% 4.935% Total 7,237,483.405 100.000% 88.300% Income Fund Shares Voted % Voted % of Total Shares Voted For 2,052,571.786 83.000% 82.999% Against 244,921.900 9.903% 9.903% Abstain 175,509.710 7.097% 7.097% Total 2,473,003.396 100.000% 99.999% International Equity Fund Shares Voted % Voted % of Total Shares Voted For 2,330,175.373 92.911% 92.910% Against 95,951.625 3.826% 3.825% Abstain 81,860.072 3.263% 3.264% Total 2,507,987.070 100.000% 99.999% Small Cap Fund Shares Voted % Voted % of Total Shares Voted For 1,734,807.028 85.127% 84.888% Against 182,085.586 8.935% 8.910% Abstain 121,017.338 5.938% 5.922% Total 2,037,909.952 100.000% 99.720% Socially Responsible Fund Shares Voted % Voted % of Total Shares Voted For 3,000,968.503 88.426% 88.384% Against 260,235.510 7.668% 7.664% Abstain 132,575.822 3.906% 3.905% Total 3,393,779.835 100.000% 99.953% For Wilshire Global Allocation Fund (formerly the Balanced Fund) only: To approve an amendment to the Investment Advisory Agreement with Wilshire Associates Incorporated. Shares Voted % Voted % of Total Shares Voted For 7,239,614.508 93.726% 93.725% Against 299,374.455 3.876% 3.875% Abstain 185,293.850 2.398% 2.399% Total 7,724,282.813 100.000% 99.999% To approve the following changes to Wilshire Global Allocation Funds (formerly the Balanced Fund) fundamental investment policies: Change to the Senior Securities and Borrowing Policy to provide for more flexibility as permitted by the Investment Company Act of 1940, as amended (the 1940 Act). Shares Voted % Voted % of Total Shares Voted For 7,344,322.397 95.081% 95.081% Against 242,557.209 3.141% 3.140% Abstain 137,403.207 1.778% 1.778% Total 7,724,282.813 100.000% 99.999% Elimination of Oil, Gas and Mineral Exploration or Development Policy. Shares Voted % Voted % of Total Shares Voted For 6,818,795.507 88.278% 88.277% Against 662,767.531 8.580% 8.580% Abstain 242,719.775 3.142% 3.142% Total 7,724,282.813 100.000% 99.999% Elimination of Margin and Short Sales Policy. Shares Voted % Voted % of Total Shares Voted For 7,018,748.438 90.867% 90.866% Against 336,754.855 4.359% 4.359% Abstain 368,779.520 4.774% 4.774% Total 7,724,282.813 100.000% 99.999% Elimination of Officer and Trustee Investments Policy. Shares Voted % Voted % of Total Shares Voted For 6,774,799.163 87.708% 87.708% Against 695,996.631 9.011% 9.010% Abstain 253,487.019 3.281% 3.281% Total 7,724,282.813 100.000% 99.999% Change to Concentration Policy to provide for more flexibility as permitted by the 1940 Act. Shares Voted % Voted % of Total Shares Voted For 7,243,891.310 93.781% 93.781% Against 259,126.909 3.355% 3.354% Abstain 221,264.594 2.864% 2.864% Total 7,724,282.813 100.000% 99.999% Elimination of Unseasoned Issuers Policy. Shares Voted % Voted % of Total Shares Voted For 6,842,175.728 88.581% 88.580% Against 523,629.980 6.779% 6.779% Abstain 358,477.105 4.640% 4.640% Total 7,724,282.813 100.000% 99.999% Elimination of Pledging Policy. Shares Voted % Voted % of Total Shares Voted For 6,897,897.575 89.302% 89.301% Against 360,166.541 4.663% 4.663% Abstain 466,218.697 6.035% 6.035% Total 7,724,282.813 100.000% 99.999% Change to Real Estate and Commodities Policy to provide for more flexibility as permitted by the 1940 Act. Shares Voted % Voted % of Total Shares Voted For 7,034,222.711 91.067% 91.066% Against 403,053.395 5.218% 5.218% Abstain 287,006.707 3.715% 3.715% Total 7,724,282.813 100.000% 99.999% Elimination of Investing for Control Policy. Shares Voted % Voted % of Total Shares Voted For 6,788,251.975 87.882% 87.882% Against 561,186.132 7.266% 7.265% Abstain 374,844.706 4.852% 4.852% Total 7,724,282.813 100.000% 99.999% Change to Lending Policy to provide for more flexibility as permitted by the 1940 Act. Shares Voted % Voted % of Total Shares Voted For 7,094,560.268 91.848% 91.847% Against 406,285.547 5.260% 5.260% Abstain 223,436.998 2.892% 2.892% Total 7,724,282.813 100.000% 99.999% Change to Underwriting, Illiquid and Restricted Securities Policy to eliminate restrictions relating to illiquid and restricted securities. Shares Voted % Voted % of Total Shares Voted For 6,757,608.912 87.486% 87.485% Against 535,784.805 6.936% 6.936% Abstain 430,889.096 5.578% 5.578% Total 7,724,282.813 100.000% 99.999% Change to Diversification Policy to provide for more flexibility as permitted by the 1940 Act. Shares Voted % Voted % of Total Shares Voted For 7,222,899.152 93.509% 93.509% Against 259,460.383 3.360% 3.359% Abstain 241,923.278 3.131% 3.131% Total 7,724,282.813 100.000% 99.999% Elimination of Investment Company Policy. Shares Voted % Voted % of Total Shares Voted For 6,788,456.347 87.885% 87.884% Against 408,314.650 5.286% 5.286% Abstain 527,511.816 6.829% 6.829% Total 7,724,282.813 100.000% 99.999%