N-PX 1 dnpx.htm WADDELL & REED ADVISORS FIXED INCOME & MONEY MARKET FUNDS Waddell & Reed Advisors Fixed Income & Money Market Funds

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)

Kristen A. Richards, 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, 2009 to June 30, 2010

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

There was no proxy voting for Waddell & Reed Advisors Global 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 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: 7/1/09 to 6/30/10

 

Institutional Account(s): 28 Waddell & Reed Advisors High Income Fund

   

LOGO

 

Simmons Company   

Meeting

Date

                         
   12-Nov-09             
Ticker: N/A                              
CUSIP: N/A                
                        Proponent   Votable
Proposal		   Mgmt Rec       Vote
Instruction		     

    1

   

    The Plan - SBC Note Claim Holders

   Mgmt   Yes   For     For   

    2

   

    The Plan - Guaranty Claim Holders

   Mgmt   Yes   For     For   
  

Accounts and Shares

             
  

Institutional Account Detail (IA Name, IA Number)

   Custodian Account   Ballot Status   Available    Voted
                     
  

28 Waddell & Reed Advisors High Income Fund, 28

    

115883.1

   Confirmed   7,412,000    7,412,000
  

28 Waddell & Reed Advisors High Income Fund, 28

    

115883.1

   Confirmed   10,750,000    10,750,000
                              
         Totals:   18,162,000    18,162,000
             
Dole Food Company, Inc.   

Meeting

Date

                         
   06-May-10             
Ticker: DOLE                              
CUSIP: 256603101                
                        Proponent   Votable
Proposal		   Mgmt Rec       Vote
Instruction		     

    1.1

   

    Elect Director Andrew J. Conrad

   Mgmt   Yes   For     For   

    1.2

   

    Elect Director Justin M. Murdock

   Mgmt   Yes   For     For   

    2

   

    Ratify Auditors

   Mgmt   Yes   For     For   
  

Accounts and Shares

             
  

Institutional Account Detail (IA Name, IA Number)

   Custodian Account   Ballot Status   Available    Voted
                     
  

28 Waddell & Reed Advisors High Income Fund, 28

     115883.1     Confirmed   240,000    240,000
                              
                    Totals:   240,000    240,000
             
Kansas City Southern   

Meeting

Date

                         
   06-May-10             
Ticker: KSU                              
CUSIP: 485170302                
                        Proponent   Votable
Proposal		   Mgmt Rec       Vote
Instruction		     

    1.1

   

    Elect Director Lu M. Cordova

   Mgmt   Yes   For     For   

    1.2

   

    Elect Director Terrence P. Dunn

   Mgmt   Yes   For     For   

    1.3

   

    Elect Director Antonio O. Garza, Jr.

   Mgmt   Yes   For     For   

    1.4

   

    Elect Director David L. Starling

   Mgmt   Yes   For     For   

    2

   

    Ratify Auditors

   Mgmt   Yes   For     For   
  

Accounts and Shares

             
  

Institutional Account Detail (IA Name, IA Number)

   Custodian Account   Ballot Status   Available    Voted
                     
  

28 Waddell & Reed Advisors High Income Fund, 28

     115883.1     Confirmed   50,000    50,000
                              
                    Totals:   50,000    50,000

Vote Summary Report

 

Report was run from: 7/1/09 to 6/30/10

 

Institutional Account(s): 28 Waddell & Reed Advisors High Income Fund

   

LOGO

 

Dresser-Rand Group Inc.   

Meeting

Date

                         
   11-May-10             
Ticker: DRC                              
CUSIP: 261608103                
                        Proponent   Votable
Proposal		   Mgmt Rec       Vote
Instruction		     

    1.1

   

    Elect Director William E. Macaulay

   Mgmt   Yes   For     For   

    1.2

   

    Elect Director Vincent R. Volpe Jr.

   Mgmt   Yes   For     For   

    1.3

   

    Elect Director Rita V. Foley

   Mgmt   Yes   For     For   

    1.4

   

    Elect Director Louis A. Raspino

   Mgmt   Yes   For     For   

    1.5

   

    Elect Director Philip R. Roth

   Mgmt   Yes   For     For   

    1.6

   

    Elect Director Stephen A. Snider

   Mgmt   Yes   For     For   

    1.7

   

    Elect Director Michael L. Underwood

   Mgmt   Yes   For     For   

    1.8

   

    Elect Director Joseph C. Winkler III

   Mgmt   Yes   For     For   

    2

   

    Ratify Auditors

   Mgmt   Yes   For     For   
  

Accounts and Shares

             
  

Institutional Account Detail (IA Name, IA Number)

   Custodian Account   Ballot Status   Available    Voted
                     
  

28 Waddell & Reed Advisors High Income Fund, 28

     115883.1     Confirmed   79,000    79,000
                              
                    Totals:   79,000    79,000
             
NII Holdings, Inc.   

Meeting

Date

                         
   11-May-10             
Ticker: NIHD                              
CUSIP: 62913F201                
                        Proponent   Votable
Proposal		   Mgmt Rec       Vote
Instruction		     

    1.1

        Elect Director Steven P. Dussek   Mgmt   Yes   For     For   

    1.2

        Elect Director Donald Guthrie   Mgmt   Yes   For     For   

    1.3

        Elect Director Steven M. Shindler   Mgmt   Yes   For     For   

    2

        Ratify Auditors   Mgmt   Yes   For     For   

    3

        Amend Omnibus Stock Plan   Mgmt   Yes   For     Against   
  

Accounts and Shares

             
  

Institutional Account Detail (IA Name, IA Number)

   Custodian Account   Ballot Status   Available    Voted
                     
  

28 Waddell & Reed Advisors High Income Fund, 28

     115883.1     Confirmed   16,500    16,500
                              
                    Totals:   16,500    16,500

Vote Summary Report

 

Report was run from: 7/1/09 to 6/30/10

 

Institutional Account(s): 28 Waddell & Reed Advisors High Income Fund

   

LOGO

 

Pinnacle Entertainment, Inc.   

Meeting

Date

                         
   11-May-10             
Ticker: PNK                              
CUSIP: 723456109                
                        Proponent   Votable
Proposal		   Mgmt Rec       Vote
Instruction		     
  

    Management Proxy (White Card)

   Mgmt   No         

    1

        Elect Director Stephen C. Comer   Mgmt   Yes   For     For   

    2

        Elect Director John V. Giovenco   Mgmt   Yes   For     For   

    3

        Elect Director Richard J. Goeglein   Mgmt   Yes   For     For   

    4

        Elect Director Ellis Landau   Mgmt   Yes   For     For   

    5

        Elect Director Bruce A. Leslie   Mgmt   Yes   For     For   

    6

        Elect Director James L. Martineau   Mgmt   Yes   For     For   

    7

        Elect Director Michael Ornest   Mgmt   Yes   For     For   

    8

        Elect Director Lynn P. Reitnouer   Mgmt   Yes   For     For   

    9

        Elect Director Anthony M. Sanfilippo   Mgmt   Yes   For     For   

    10

        Amend Omnibus Stock Plan   Mgmt   Yes   For     For   

    11

        Ratify Auditors   Mgmt   Yes   For     For   

    12

        Advisory Vote to Ratify Named Executive Officers’ Compensation   SH   Yes   Against     Against   
       Dissident Proxy (Blue Card)   Mgmt   No         

    1

        Elect Director Stephen C. Comer   SH   Yes   None     Do Not Vote   

    2

        Elect Director John V. Giovenco   SH   Yes   None     Do Not Vote   

    3

        Elect Director Richard J. Goeglein   SH   Yes   None     Do Not Vote   

    4

        Elect Director Ellis Landau   SH   Yes   None     Do Not Vote   

    5

        Elect Director Bruce A. Leslie   SH   Yes   None     Do Not Vote   

    6

        Elect Director James L. Martineau   SH   Yes   None     Do Not Vote   

    7

        Elect Director Michael Ornest   SH   Yes   None     Do Not Vote   

    8

        Elect Director Lynn P. Reitnouer   SH   Yes   None     Do Not Vote   

    9

        Elect Director Anthony M. Sanfilippo   SH   Yes   None     Do Not Vote   

    10

        Amend Omnibus Stock Plan   Mgmt   Yes   None     Do Not Vote   

    11

        Ratify Auditors   Mgmt   Yes   None     Do Not Vote   

    12

        Advisory Vote to Ratify Named Executive Officers’ Compensation   SH   Yes   For     Do Not Vote   
  

Accounts and Shares

             
  

Institutional Account Detail (IA Name, IA Number)

   Custodian Account   Ballot Status   Available    Voted
                     
  

28 Waddell & Reed Advisors High Income Fund, 28

     115883.1     Sent   103,000    103,000
                              
                    Totals:   103,000    103,000

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/ Kristen A. Richards
   Kristen A. Richards, Vice President and Assistant Secretary

Date: August 30, 2010

 

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

Date: August 30, 2010