N-PX 1 tm_mainpart-npx.htm MAIN PART

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 811-9789
 

WADDELL & REED ADVISORS TAX-MANAGED EQUITY FUND, INC.

------------------------------------------------------------------------------------------------

(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: June 30
 

Date of reporting period: July 1, 2007 to June 30, 2008
 
 

WADDELL & REED ADVISORS TAX-MANAGED EQUITY FUND, INC.
 

Proxy Voting Record
               

Vote Summary Report

Jul 01, 2007 - Jun 30, 2008

 

71 W&R Advisors Tax-Managed Equity
 

Mtg

Company/

  

Mgmt

Vote

Record

  

Date/Type

Ballot Issues

Security

Rec

Cast

Date

Prpnent
 

04/25/08 - A

Abbott Laboratories *ABT*

002824100

02/26/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

Amend Human Rights Policy to Address Access to Medicines

Against

Against

  

ShrHoldr
 

4

Advisory Vote to Ratify Named Executive Officers' Compensation

Against

Against

  

ShrHoldr
 
 

04/09/08 - A

Adobe Systems Inc. *ADBE*

00724F101

02/11/08

  
 

1

Elect Director Edward W. Barnholt

For

For

  

Mgmt
 

2

Elect Director Michael R. Cannon

For

For

  

Mgmt
 

3

Elect Director James E. Daley

For

For

  

Mgmt
 

4

Elect Director Charles M. Geschke

For

For

  

Mgmt
 

5

Elect Director Shantanu Narayen

For

For

  

Mgmt
 

6

Elect Director Delbert W. Yocam

For

For

  

Mgmt
 

7

Amend Omnibus Stock Plan

For

For

  

Mgmt
 

8

Ratify Auditors

For

For

  

Mgmt
 
 

05/05/08 - A

AFLAC Incorporated *AFL*

001055102

02/27/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Increase Authorized Common Stock

For

For

  

Mgmt
 

3

Amend Executive Incentive Bonus Plan

For

For

  

Mgmt
 

4

Advisory Vote to Ratify Named Executive Officers' Compensation

For

Against

  

Mgmt
 

5

Ratify Auditors

For

For

  

Mgmt
 
 

05/29/08 - A

Amazon.com, Inc. *AMZN*

023135106

04/02/08

  
 

1

Elect Director Jeffrey P. Bezos

For

For

  

Mgmt
 

2

Elect Director Tom A. Alberg

For

For

  

Mgmt
 

3

Elect Director John Seely Brown

For

For

  

Mgmt
 

4

Elect Director L. John Doerr

For

For

  

Mgmt
 

5

Elect Director William B. Gordon

For

For

  

Mgmt
 

6

Elect Director Myrtle S. Potter

For

For

  

Mgmt
 

7

Elect Director Thomas O. Ryder

For

For

  

Mgmt
 

8

Elect Director Patricia Q. Stonesifer

For

For

  

Mgmt
 

9

Ratify Auditors

For

For

  

Mgmt
 
 

06/03/08 - A

Ambac Financial Group, Inc. *ABK*

023139108

04/07/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Increase Authorized Common Stock

For

For

  

Mgmt
 

3

Amend Omnibus Stock Plan

For

For

  

Mgmt
 

4

Amend Non-Employee Director Omnibus Stock Plan

For

For

  

Mgmt
 

5

Ratify Auditors

For

For

  

Mgmt
 
 

03/04/08 - A

Apple, Inc. *AAPL*

037833100

01/15/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Against

Against

  

ShrHoldr
 

4

Amend Bylaws to Establish a Board Committee on Sustainability

Against

Against

  

ShrHoldr
 
 

05/06/08 - A

Baxter International Inc. *BAX*

071813109

03/07/08

  
 

1

Elect Director Wayne T. Hockmeyer

For

For

  

Mgmt
 

2

Elect Director Joseph B. Martin

For

For

  

Mgmt
 

3

Elect Director Robert L. Parkinson

For

For

  

Mgmt
 

4

Elect Director Thomas T. Stallkamp

For

For

  

Mgmt
 

5

Elect Director Albert P.L. Stroucken

For

For

  

Mgmt
 

6

Ratify Auditors

For

For

  

Mgmt
 
 

05/08/08 - A

China Mobile (Hong Kong) Limited

16941M109

05/05/08

  
 

1

TO RECEIVE AND CONSIDER THE AUDITED FINANCIAL STATEMENTS AND THE REPORTS OF THE DIRECTORS AND AUDITORS.

For

For

  

Mgmt
 

2a

TO DECLARE AN ORDINARY FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2007.

For

For

  

Mgmt
 

2b

TO DECLARE A SPECIAL FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2007.

For

For

  

Mgmt
 

3a

TO RE-ELECT LU XIANGDONG AS A DIRECTOR.

For

For

  

Mgmt
 

3b

TO RE-ELECT XUE TAOHAI AS A DIRECTOR.

For

For

  

Mgmt
 

3c

TO RE-ELECT HUANG WENLIN AS A DIRECTOR.

For

For

  

Mgmt
 

3d

TO RE-ELECT XIN FANFEI AS A DIRECTOR.

For

For

  

Mgmt
 

3e

TO RE-ELECT LO KA SHUI AS A DIRECTOR.

For

For

  

Mgmt
 

4

REAPPOINT KPMG AS AUDITORS AND AUTHORIZE BOARD TO FIX THEIR REMUNERATION

For

For

  

Mgmt
 

5

TO GIVE A GENERAL MANDATE TO THE DIRECTORS TO REPURCHASE SHARES IN THE COMPANY.

For

For

  

Mgmt
 

6

TO GIVE A GENERAL MANDATE TO THE DIRECTORS TO ISSUE, ALLOT AND DEAL WITH ADDITIONAL SHARES IN THE COMPANY NOT EXCEEDING 20% OF THE AGGREGATE NOMINAL AMOUNT OF THE EXISTING ISSUED SHARE CAPITAL.

For

For

  

Mgmt
 

7

TO EXTEND THE GENERAL MANDATE GRANTED TO THE DIRECTORS TO ISSUE, ALLOT AND DEAL WITH SHARES BY THE NUMBER OF SHARES REPURCHASED.

For

For

  

Mgmt
 
 

11/15/07 - A

Cisco Systems, Inc. *CSCO*

17275R102

09/17/07

  
 

1

Elect Director Carol A. Bartz

For

For

  

Mgmt
 

2

Elect Director M. Michele Burns

For

For

  

Mgmt
 

3

Elect Director Michael D. Capellas

For

For

  

Mgmt
 

4

Elect Director Larry R. Carter

For

For

  

Mgmt
 

5

Elect Director John T. Chambers

For

For

  

Mgmt
 

6

Elect Director Brian L. Halla

For

For

  

Mgmt
 

7

Elect Director Dr. John L. Hennessy

For

For

  

Mgmt
 

8

Elect Director Richard M. Kovacevich

For

For

  

Mgmt
 

9

Elect Director Roderick C. McGeary

For

For

  

Mgmt
 

10

Elect Director Michael K. Powell

For

For

  

Mgmt
 

11

Elect Director Steven M. West

For

For

  

Mgmt
 

12

Elect Director Jerry Yang

For

For

  

Mgmt
 

13

Amend Omnibus Stock Plan

For

For

  

Mgmt
 

14

Approve Executive Incentive Bonus Plan

For

For

  

Mgmt
 

15

Ratify Auditors

For

For

  

Mgmt
 

16

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

  

ShrHoldr
 

17

Pay For Superior Performance

Against

Against

  

ShrHoldr
 

18

Advisory Vote to Ratify Named Executive Officers' Compensation

Against

Against

  

ShrHoldr
 

19

Report on Internet Fragmentation

Against

Against

  

ShrHoldr
 
 

07/09/07 - S

CME Group Inc. *CME*

167760107

05/29/07

  
 

1

Approve Merger Agreement

For

For

  

Mgmt
 

2

Adjourn Meeting

For

For

  

Mgmt
 
 

05/08/08 - A

Colgate-Palmolive Co. *CL*

194162103

03/10/08

  
 

1

Elect Director John T. Cahill

For

For

  

Mgmt
 

2

Elect Director Jill K. Conway

For

For

  

Mgmt
 

3

Elect Director Ian M. Cook

For

For

  

Mgmt
 

4

Elect Director Ellen M. Hancock

For

For

  

Mgmt
 

5

Elect Director David W. Johnson

For

For

  

Mgmt
 

6

Elect Director Richard J. Kogan

For

For

  

Mgmt
 

7

Elect Director Delano E. Lewis

For

For

  

Mgmt
 

8

Elect Director Reuben Mark

For

For

  

Mgmt
 

9

Elect Director J. Pedro Reinhard

For

For

  

Mgmt
 

10

Elect Director Stephen I. Sadove

For

For

  

Mgmt
 

11

Ratify Auditors

For

For

  

Mgmt
 

12

Increase Authorized Common Stock

For

For

  

Mgmt
 
 

05/23/08 - A

Crown Castle International Corp. *CCI*

228227104

03/24/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 
 

11/14/07 - S

Deere & Co. *DE*

244199105

09/24/07

  
 

1

Approve Increase in Common Stock and a Stock Split

For

For

  

Mgmt
 
 

02/27/08 - A

Deere & Co. *DE*

244199105

12/31/07

  
 

1

Elect Director T. Kevin Dunnigan

For

For

  

Mgmt
 

2

Elect Director Charles O. Holliday, Jr.

For

For

  

Mgmt
 

3

Elect Director Dipak C. Jain

For

For

  

Mgmt
 

4

Elect Director Joachim Milberg

For

For

  

Mgmt
 

5

Elect Director Richard B. Myers

For

For

  

Mgmt
 

6

Amend Executive Incentive Bonus Plan

For

For

  

Mgmt
 

7

Ratify Auditors

For

For

  

Mgmt
 
 

12/04/07 - A

Dell Inc. *DELL*

24702R101

10/26/07

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

Amend Omnibus Stock Plan

For

For

  

Mgmt
 

4

Stock Retention/Holding Period

Against

Against

  

ShrHoldr
 

5

Declaration of Dividend

Against

Against

  

ShrHoldr
 
 

05/13/08 - A

Dentsply International, Inc. *XRAY*

249030107

03/17/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

Prepare Sustainability Report

Against

Against

  

ShrHoldr
 
 

07/26/07 - A

Electronic Arts Inc. *ERTS*

285512109

06/01/07

  
 

1

Elect Director Leonard S. Coleman

For

For

  

Mgmt
 

2

Elect Director Gary M. Kusin

For

For

  

Mgmt
 

3

Elect Director Gregory B. Maffei

For

For

  

Mgmt
 

4

Elect Director Timothy Mott

For

For

  

Mgmt
 

5

Elect Director Vivek Paul

For

For

  

Mgmt
 

6

Elect Director Lawrence F. Probst, III

For

For

  

Mgmt
 

7

Elect Director John S. Riccitiello

For

For

  

Mgmt
 

8

Elect Director Richard A. Simonson

For

For

  

Mgmt
 

9

Elect Director Linda J. Srere

For

For

  

Mgmt
 

10

Amend Omnibus Stock Plan

For

For

  

Mgmt
 

11

Amend Qualified Employee Stock Purchase Plan

For

For

  

Mgmt
 

12

Approve Executive Incentive Bonus Plan

For

For

  

Mgmt
 

13

Ratify Auditors

For

For

  

Mgmt
 
 

02/05/08 - A

Emerson Electric Co. *EMR*

291011104

11/27/07

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 
 

05/07/08 - A

Expeditors International of Washington, Inc. *EXPD*

302130109

03/10/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Approve Stock Option Plan

For

For

  

Mgmt
 

3

Amend Non-Employee Director Restricted Stock Plan

For

For

  

Mgmt
 

4

Approve Executive Incentive Bonus Plan

For

For

  

Mgmt
 

5

Ratify Auditors

For

For

  

Mgmt
 

6

Amend EEO Policy to Reference Discrimination based on Sexual Orientation

Against

Against

  

ShrHoldr
 
 

05/07/08 - A

Fluor Corp. *FLR*

343412102

03/10/08

  
 

1

Elect Director Ilesanmi Adesida

For

For

  

Mgmt
 

2

Elect Director Peter J. Fluor

For

For

  

Mgmt
 

3

Elect Director Joseph W. Prueher

For

For

  

Mgmt
 

4

Elect Director Suzanne H. Woolsey

For

For

  

Mgmt
 

5

Ratify Auditors

For

For

  

Mgmt
 

6

Increase Authorized Common Stock

For

For

  

Mgmt
 

7

Approve Omnibus Stock Plan

For

For

  

Mgmt
 
 

01/08/08 - S

Foster Wheeler Ltd *FWLT*

G36535139

11/19/07

  
   

This is a global meeting for ballots received via the Broadridge North American ballot distribution system

        
 

1

INCREASE IN THE AUTHORIZED SHARE CAPITAL OF THE COMPANY DESCRIBED IN THE PROXY STATEMENT.

For

For

  

Mgmt
 
 

05/06/08 - A

Foster Wheeler Ltd *FWLT*

G36535139

03/10/08

  
   

This is a duplicate meeting for ballots received via the Broadridge North American ballot distribution system

        
 

1

Elect Directors

For

For

  

Mgmt
 

2

APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS FOSTER WHEELER LTD. S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2008 AND AUTHORIZATION OF THE BOARD, THROUGH THE AUDIT COMMITTEE, TO SET THE FIRM S REMUNERATION.

For

For

  

Mgmt
 
 

04/15/08 - A

Genentech, Inc. *DNA*

368710406

02/19/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Amend Qualified Employee Stock Purchase Plan

For

For

  

Mgmt
 

3

Ratify Auditors

For

For

  

Mgmt
 
 

05/07/08 - A

* General Dynamics Corp. *GD*

369550108

03/10/08

  
 

1

Elect Director Nicholas D. Chabraja

For

For

  

Mgmt
 

2

Elect Director James S. Crown

For

For

  

Mgmt
 

3

Elect Director William P. Fricks

For

For

  

Mgmt
 

4

Elect Director Charles H. Goodman

For

For

  

Mgmt
 

5

Elect Director Jay L. Johnson

For

For

  

Mgmt
 

6

Elect Director George A. Joulwan

For

For

  

Mgmt
 

7

Elect Director Paul G. Kaminski

For

For

  

Mgmt
 

8

Elect Director John M. Keane

For

For

  

Mgmt
 

9

Elect Director Deborah J. Lucas

For

For

  

Mgmt
 

10

Elect Director Lester L. Lyles

For

For

  

Mgmt
 

11

Elect Director Carl E. Mundy, Jr.

For

For

  

Mgmt
 

12

Elect Director J. Christopher Reyes

For

For

  

Mgmt
 

13

Elect Director Robert Walmsley

For

For

  

Mgmt
 

14

Ratify Auditors

For

For

  

Mgmt
 

15

Adopt Ethical Criteria for Military Contracts

Against

Against

  

ShrHoldr
 

16

Amend Articles/Bylaws/Charter -- Call Special Meetings

Against

Against

  

ShrHoldr
 
 

05/08/08 - A

Gilead Sciences, Inc. *GILD*

375558103

03/19/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

Amend Omnibus Stock Plan

For

For

  

Mgmt
 

4

Increase Authorized Common Stock

For

For

  

Mgmt
 
 

05/08/08 - A

Google Inc *GOOG*

38259P508

03/11/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

Amend Omnibus Stock Plan

For

For

  

Mgmt
 

4

Adopt Internet Censorship Policies

Against

Against

  

ShrHoldr
 

5

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

  

ShrHoldr
 
 

03/11/08 - A

Hologic, Inc. *HOLX*

436440101

01/18/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Increase Authorized Common Stock

For

For

  

Mgmt
 

3

Approve Qualified Employee Stock Purchase Plan

For

For

  

Mgmt
 

4

Approve Omnibus Stock Plan

For

For

  

Mgmt
 

5

Adjourn Meeting

For

Against

  

Mgmt
 
 

05/02/08 - A

Illinois Tool Works Inc. *ITW*

452308109

03/04/08

  
 

1

Elect Director William F. Aldinger

For

For

  

Mgmt
 

2

Elect Director Marvin D. Brailsford

For

For

  

Mgmt
 

3

Elect Director Susan Crown

For

For

  

Mgmt
 

4

Elect Director Don H. Davis, Jr.

For

For

  

Mgmt
 

5

Elect Director Robert C. McCormack

For

For

  

Mgmt
 

6

Elect Director Robert S. Morrison

For

For

  

Mgmt
 

7

Elect Director James A. Skinner

For

For

  

Mgmt
 

8

Elect Director Harold B. Smith

For

For

  

Mgmt
 

9

Elect Director David B. Speer

For

For

  

Mgmt
 

10

Elect Director Pamela B. Strobel

For

For

  

Mgmt
 

11

Approve Executive Incentive Bonus Plan

For

For

  

Mgmt
 

12

Ratify Auditors

For

For

  

Mgmt
 
 

05/15/08 - A

IntercontinentalExchange, Inc. *ICE*

45865V100

03/18/08

  
 

1

Elect Directors

For

Split

  

Mgmt
 

1.1

Elect Director Charles R. Crisp --- For

        
 

1.2

Elect Director Jean-Marc Forneri --- Withhold

        
 

1.3

Elect Director Fred W. Hatfield --- For

        
 

1.4

Elect Director Terrence F. Martell --- For

        
 

1.5

Elect Director Sir Robert Reid --- For

        
 

1.6

Elect Director Frederic V. Salerno --- For

        
 

1.7

Elect Director Frederick W. Schoenhut --- For

        
 

1.8

Elect Director Jeffrey C. Sprecher --- For

        
 

1.9

Elect Director Judith A. Sprieser --- For

        
 

1.10

Elect Director Vincent Tese --- For

        
 

2

Ratify Auditors

For

For

  

Mgmt
 
 

02/27/08 - A

International Game Technology *IGT*

459902102

12/31/07

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Amend Omnibus Stock Plan

For

For

  

Mgmt
 

3

Ratify Auditors

For

For

  

Mgmt
 
 

04/30/08 - A

Kohl's Corp. *KSS*

500255104

03/05/08

  
 

1

Elect Director Steven A. Burd

For

For

  

Mgmt
 

2

Elect Director Wayne Embry

For

For

  

Mgmt
 

3

Elect Director John F. Herma

For

For

  

Mgmt
 

4

Elect Director William S. Kellogg

For

For

  

Mgmt
 

5

Elect Director Kevin Mansell

For

For

  

Mgmt
 

6

Elect Director R. Lawrence Montgomery

For

For

  

Mgmt
 

7

Elect Director Frank V. Sica

For

For

  

Mgmt
 

8

Elect Director Peter M. Sommerhauser

For

For

  

Mgmt
 

9

Elect Director Stephanie A. Streeter

For

For

  

Mgmt
 

10

Elect Director Stephen E. Watson

For

For

  

Mgmt
 

11

Ratify Auditors

For

For

  

Mgmt
 

12

Require a Majority Vote for the Election of Directors

Against

For

  

ShrHoldr
 

13

Pay For Superior Performance

Against

Against

  

ShrHoldr
 
 

06/05/08 - A

Las Vegas Sands Corp *LVS*

517834107

04/21/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

Amend Omnibus Stock Plan

For

For

  

Mgmt
 

4

Amend Executive Incentive Bonus Plan

For

For

  

Mgmt
 
 

10/19/07 - A

Marvell Technology Group Ltd *MRVL*

G5876H105

08/31/07

  
   

Meeting for ADR Holders

        
 

1

ELECTION OF ONE DIRECTOR: PAUL R. GRAY, PH.D.

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

TO APPROVE THE 2007 DIRECTOR STOCK INCENTIVE PLAN.

For

Against

  

Mgmt
 
 

08/23/07 - A

Medtronic, Inc. *MDT*

585055106

06/25/07

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

Declassify the Board of Directors

For

For

  

Mgmt
 
 

11/13/07 - A

Microsoft Corp. *MSFT*

594918104

09/07/07

  
 

1

Elect Director William H. Gates, III

For

For

  

Mgmt
 

2

Elect Director Steven A. Ballmer

For

For

  

Mgmt
 

3

Elect Director James I. Cash, Jr.

For

For

  

Mgmt
 

4

Elect Director Dina Dublon

For

For

  

Mgmt
 

5

Elect Director Raymond V. Gilmartin

For

For

  

Mgmt
 

6

Elect Director Reed Hastings

For

For

  

Mgmt
 

7

Elect Director David F. Marquardt

For

For

  

Mgmt
 

8

Elect Director Charles H. Noski

For

For

  

Mgmt
 

9

Elect Director Helmut Panke

For

For

  

Mgmt
 

10

Elect Director Jon A. Shirley

For

For

  

Mgmt
 

11

Ratify Auditors

For

For

  

Mgmt
 

12

Adopt Policies to Protect Freedom of Access to the Internet

Against

Against

  

ShrHoldr
 

13

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

  

ShrHoldr
 
 

01/16/08 - A

Monsanto Co. *MON*

61166W101

11/19/07

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

Separate Chairman and CEO Positions

Against

Against

  

ShrHoldr
 

4

Amend Bylaws to Not Indemnify Directors for Social and Environmental Liabilities

Against

Against

  

ShrHoldr
 
 

10/03/07 - A

Paychex, Inc. *PAYX*

704326107

08/06/07

  
 

1

Elect Director B. Thomas Golisano

For

For

  

Mgmt
 

2

Elect Director David J. S. Flaschen

For

For

  

Mgmt
 

3

Elect Director Phillip Horsley

For

For

  

Mgmt
 

4

Elect Director Grant M. Inman

For

For

  

Mgmt
 

5

Elect Director Pamela A. Joseph

For

For

  

Mgmt
 

6

Elect Director Jonathan J. Judge

For

For

  

Mgmt
 

7

Elect Director Joseph M. Tucci

For

For

  

Mgmt
 

8

Elect Director Joseph M. Velli

For

For

  

Mgmt
 

9

Ratify Auditors

For

For

  

Mgmt
 
 

05/07/08 - A

PepsiCo, Inc. *PEP*

713448108

03/07/08

  
 

1

Elect Director I.M. Cook

For

For

  

Mgmt
 

2

Elect Director D. Dublon

For

For

  

Mgmt
 

3

Elect Director V.J. Dzau

For

For

  

Mgmt
 

4

Elect Director R.L. Hunt

For

For

  

Mgmt
 

5

Elect Director A. Ibarguen

For

For

  

Mgmt
 

6

Elect Director A.C. Martinez

For

For

  

Mgmt
 

7

Elect Director I.K. Nooyi

For

For

  

Mgmt
 

8

Elect Director S.P. Rockefeller

For

For

  

Mgmt
 

9

Elect Director J.J. Schiro

For

For

  

Mgmt
 

10

Elect Director L.G. Trotter

For

For

  

Mgmt
 

11

Elect Director D.Vasella

For

For

  

Mgmt
 

12

Elect Director M.D. White

For

For

  

Mgmt
 

13

Ratify Auditors

For

For

  

Mgmt
 

14

Report on Recycling

Against

Against

  

ShrHoldr
 

15

Report on Genetically Engineered Products

Against

Against

  

ShrHoldr
 

16

Report on Human Rights Policies Relating to Water Use

Against

Against

  

ShrHoldr
 

17

Report on Global Warming

Against

Against

  

ShrHoldr
 

18

Advisory Vote to Ratify Named Executive Officers' Compensation

Against

Against

  

ShrHoldr
 
 

03/11/08 - A

QUALCOMM Inc. *QCOM*

747525103

01/14/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Amend Omnibus Stock Plan

For

Against

  

Mgmt
 

3

Ratify Auditors

For

For

  

Mgmt
 
 

05/29/08 - A

Raytheon Co. *RTN*

755111507

04/04/08

  
 

1

Elect Director Barbara M. Barrett

For

For

  

Mgmt
 

2

Elect Director Vernon E. Clark

For

For

  

Mgmt
 

3

Elect Director John M. Deutch

For

For

  

Mgmt
 

4

Elect Director Frederic M. Poses

For

For

  

Mgmt
 

5

Elect Director Michael C. Ruettgers

For

For

  

Mgmt
 

6

Elect Director Ronald L. Skates

For

For

  

Mgmt
 

7

Elect Director William R. Spivey

For

For

  

Mgmt
 

8

Elect Director Linda G. Stuntz

For

For

  

Mgmt
 

9

Elect Director William H. Swanson

For

For

  

Mgmt
 

10

Ratify Auditors

For

For

  

Mgmt
 

11

Establish SERP Policy

Against

Against

  

ShrHoldr
 

12

Advisory Vote to Ratify Named Executive Officers' Compensation

Against

Against

  

ShrHoldr
 
 

07/17/07 - A

Research In Motion Ltd *RIM*

760975102

05/29/07

  
 

1

Elect Directors Michael Lazaridis, James Balsillie, James Estill, David Kerr, Roger Martin, John E. Richardson, Barbara Stymiest, and John Wetmore

For

For

  

Mgmt
 

2

Approve Ernst & Young LLP as Auditors and Authorize Board to Fix Remuneration of Auditors

For

For

  

Mgmt
 

3

Amend Stock Option Plan

For

For

  

Mgmt
 
 

05/16/08 - A

Schering-Plough Corp. *SGP*

806605101

03/28/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 
 

04/09/08 - A

Schlumberger Ltd. *SLB*

806857108

02/20/08

  
   

Meeting for ADR Holders

        
 

1

Elect Directors

For

For

  

Mgmt
 

2

ADOPTION AND APPROVAL OF FINANCIALS AND DIVIDENDS

For

For

  

Mgmt
 

3

APPROVAL OF ADOPTION OF THE SCHLUMBERGER 2008 STOCK INCENTIVE PLAN

For

For

  

Mgmt
 

4

APPROVAL OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

For

For

  

Mgmt
 
 

05/13/08 - A

Smith International, Inc. *SII*

832110100

03/14/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Amend Omnibus Stock Plan

For

For

  

Mgmt
 

3

Increase Authorized Common Stock

For

For

  

Mgmt
 

4

Ratify Auditors

For

For

  

Mgmt
 
 

04/23/08 - A

Stryker Corp. *SYK*

863667101

02/29/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

Approve Qualified Employee Stock Purchase Plan

For

For

  

Mgmt
 
 

05/22/08 - A

Target Corporation *TGT*

87612E106

03/24/08

  
 

1

Elect Director Roxanne S. Austin

For

For

  

Mgmt
 

2

Elect Director James A. Johnson

For

For

  

Mgmt
 

3

Elect Director Mary E. Minnick

For

For

  

Mgmt
 

4

Elect Director Derica W. Rice

For

For

  

Mgmt
 

5

Ratify Auditors

For

For

  

Mgmt
 
 

04/28/08 - A

The Boeing Co. *BA*

097023105

02/28/08

  
 

1

Elect Director John H. Biggs

For

For

  

Mgmt
 

2

Elect Director John E. Bryson

For

For

  

Mgmt
 

3

Elect Director Arthur D. Collins, Jr.

For

For

  

Mgmt
 

4

Elect Director Linda Z. Cook

For

For

  

Mgmt
 

5

Elect Director William M. Daley

For

For

  

Mgmt
 

6

Elect Director Kenneth M. Duberstein

For

For

  

Mgmt
 

7

Elect Director James L. Jones

For

For

  

Mgmt
 

8

Elect Director Edward M. Liddy

For

For

  

Mgmt
 

9

Elect Director John F. McDonnell

For

For

  

Mgmt
 

10

Elect Director W. James McNerney, Jr.

For

For

  

Mgmt
 

11

Elect Director Mike S. Zafirovski

For

For

  

Mgmt
 

12

Ratify Auditors

For

For

  

Mgmt
 

13

Report on Foreign Arms Sales

Against

Against

  

ShrHoldr
 

14

Adopt Principles for Health Care Reform

Against

Against

  

ShrHoldr
 

15

Adopt Human Rights Policy

Against

Against

  

ShrHoldr
 

16

Require Independent Lead Director

Against

For

  

ShrHoldr
 

17

Performance-Based and/or Time-Based Equity Awards

Against

Against

  

ShrHoldr
 

18

Advisory Vote to Ratify Named Executive Officers' Compensation

Against

Against

  

ShrHoldr
 

19

Restrict Severance Agreements (Change-in-Control)

Against

Against

  

ShrHoldr
 
 

04/16/08 - A

The Coca-Cola Company *KO*

191216100

02/22/08

  
 

1

Elect Director Herbert A. Allen

For

For

  

Mgmt
 

2

Elect Director Ronald W. Allen

For

For

  

Mgmt
 

3

Elect Director Cathleen P. Black

For

For

  

Mgmt
 

4

Elect Director Barry Diller

For

For

  

Mgmt
 

5

Elect Director Alexis M. Herman

For

For

  

Mgmt
 

6

Elect Director E. Neville Isdell

For

For

  

Mgmt
 

7

Elect Director Muhtar Kent

For

For

  

Mgmt
 

8

Elect Director Donald R. Keough

For

For

  

Mgmt
 

9

Elect Director Donald F. McHenry

For

For

  

Mgmt
 

10

Elect Director Sam Nunn

For

For

  

Mgmt
 

11

Elect Director James D. Robinson III

For

For

  

Mgmt
 

12

Elect Director Peter V. Ueberroth

For

For

  

Mgmt
 

13

Elect Director Jacob Wallenberg

For

For

  

Mgmt
 

14

Elect Director James B. Williams

For

For

  

Mgmt
 

15

Ratify Auditors

For

For

  

Mgmt
 

16

Approve Stock Option Plan

For

For

  

Mgmt
 

17

Advisory Vote to Ratify Named Executive Officers' Compensation

Against

Against

  

ShrHoldr
 

18

Require Independent Board Chairman

Against

For

  

ShrHoldr
 

19

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

  

ShrHoldr
 
 

04/10/08 - A

The Goldman Sachs Group, Inc. *GS*

38141G104

02/11/08

  
 

1

Elect Directors Lloyd C. Blankfein

For

For

  

Mgmt
 

2

Elect Directors John H. Bryan

For

For

  

Mgmt
 

3

Elect Directors Gary D. Cohn

For

For

  

Mgmt
 

4

Elect Directors Claes Dahlback

For

For

  

Mgmt
 

5

Elect Directors Stephen Friedman

For

For

  

Mgmt
 

6

Elect Directors William W. George

For

For

  

Mgmt
 

7

Elect Directors Rajat K. Gupta

For

For

  

Mgmt
 

8

Elect Directors James A. Johnson

For

For

  

Mgmt
 

9

Elect Directors Lois D. Juliber

For

For

  

Mgmt
 

10

Elect Directors Edward M. Liddy

For

For

  

Mgmt
 

11

Elect Directors Ruth J. Simmons

For

For

  

Mgmt
 

12

Elect Directors Jon Winkelried

For

For

  

Mgmt
 

13

Ratify Auditors

For

For

  

Mgmt
 

14

Prohibit Executive Stock-Based Awards

Against

Against

  

ShrHoldr
 

15

Advisory Vote to Ratify Named Executive Officers' Compensation

Against

Against

  

ShrHoldr
 

16

Prepare Sustainability Report

Against

Against

  

ShrHoldr
 
 

10/09/07 - A

The Procter & Gamble Company *PG*

742718109

08/10/07

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditor

For

For

  

Mgmt
 

3

Prohibit Executive Stock-Based Awards

Against

Against

  

ShrHoldr
 

4

Report on Free Enterprise Initiatives

Against

Against

  

ShrHoldr
 

5

Report on Animal Welfare

Against

Against

  

ShrHoldr
 
 

05/20/08 - A

Thermo Fisher Scientific Inc. *TMO*

883556102

03/28/08

  
 

1

Elect Director Scott M. Sperling

For

For

  

Mgmt
 

2

Elect Director Bruce L. Koepfgen

For

For

  

Mgmt
 

3

Elect Director Michael E. Porter

For

For

  

Mgmt
 

4

Approve Omnibus Stock Plan

For

For

  

Mgmt
 

5

Approve Executive Incentive Bonus Plan

For

For

  

Mgmt
 

6

Ratify Auditors

For

For

  

Mgmt
 
 

11/09/07 - C

Transocean Inc. *RIG*

G90078109

10/01/07

  
   

Meeting for ADR Holders

        
 

1

APPROVAL OF THE SCHEME OF ARRANGEMENT, ATTACHED TO THE ACCOMPANYING JOINT PROXY STATEMENT AS ANNEX G, WHICH PROVIDES FOR THE RECLASSIFICATION OF OUR ORDINARY SHARES.

For

For

  

Mgmt
 

2

APPROVAL OF THE ISSUANCE OF OUR ORDINARY SHARES TO SHAREHOLDERS OF GLOBALSANTAFE CORPORATION IN THE MERGER UNDER THE TERMS OF THE AGREEMENT AND PLAN OF MERGER, ATTACHED TO THE ACCOMPANYING JOINT PROXY STATEMENT AS ANNEX A.

For

For

  

Mgmt
 

3

APPROVAL OF THE AMENDMENT AND RESTATEMENT OF OUR MEMORANDUM AND ARTICLES OF ASSOCIATION TO, AMONG OTHER THINGS, INCREASE THE MAXIMUM NUMBER OF DIRECTORS CONSTITUTING THE BOARD OF DIRECTORS OF TRANSOCEAN INC. FROM 13 TO 14.

For

For

  

Mgmt
 
 

05/16/08 - A

Transocean Inc. *RIG*

G90073100

03/19/08

  
   

This is a duplicate meeting for ballots received via the Broadridge North American ballot distribution system

        
 

1

ELECTION OF DIRECTOR: JON A. MARSHALL

For

For

  

Mgmt
 

2

ELECTION OF DIRECTOR: MARTIN B. MCNAMARA

For

For

  

Mgmt
 

3

ELECTION OF DIRECTOR: ROBERT E. ROSE

For

For

  

Mgmt
 

4

ELECTION OF DIRECTOR: IAN C. STRACHAN

For

For

  

Mgmt
 

5

APPROVAL OF THE APPOINTMENT OF ERNST & YOUNG LLP TO SERVE AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2008.

For

For

  

Mgmt
 
 

02/27/08 - S

UBS AG

H89231338

01/28/08

  
   

This is a duplicate meeting for ballots received via the Broadridge North American ballot distribution system

        
 

1

REQUEST FOR A SPECIAL AUDIT (SONDERPRUFUNG) BY ETHOS

Against

Against

  

ShrHoldr
 

2

STOCK DIVIDEND CREATION OF AUTHORIZED CAPITAL APPROVAL OF ARTICLE 4B OF THE ARTICLES OF ASSOCIATION

For

For

  

Mgmt
 

3

CAPITAL INCREASE PROPOSAL BY THE BOARD OF DIRECTORS: MANDATORY CONVERTIBLE NOTES CREATION OF CONDITIONAL CAPITAL APPROVAL OF ARTICLE 4A PARA. 3 OF THE ARTICLES OF ASSOCIATION

For

For

  

Mgmt
 

4

ALTERNATIVE PROPOSAL BY PROFOND: ORDINARY CAPITAL INCREASE RIGHTS OFFERING

Against

Against

  

ShrHoldr
 

5

IN CASE OF AD-HOC SHAREHOLDERS MOTIONS DURING THE EXTRAORDINARY GENERAL MEETING, I/WE AUTHORIZE MY/OUR PROXY TO ACT IN ACCORDANCE WITH THE BOARD OF DIRECTORS

For

Against

  

Mgmt
 
 

06/02/08 - A

Weatherford International Ltd *WFT*

G95089101

04/09/08

  
   

This is a duplicate meeting for ballots received via the Broadridge North American Ballot distribution system.

        
 

1

ELECTION AS DIRECTOR: NICHOLAS F. BRADY

For

For

  

Mgmt
 

2

ELECTION AS DIRECTOR: WILLIAM E. MACAULAY

For

For

  

Mgmt
 

3

ELECTION AS DIRECTOR: DAVID J. BUTTERS

For

For

  

Mgmt
 

4

ELECTION AS DIRECTOR: ROBERT B. MILLARD

For

For

  

Mgmt
 

5

ELECTION AS DIRECTOR: BERNARD J. DUROC-DANNER

For

For

  

Mgmt
 

6

ELECTION AS DIRECTOR: ROBERT K. MOSES, JR.

For

For

  

Mgmt
 

7

ELECTION OF DIRECTOR: ROBERT A. RAYNE

For

For

  

Mgmt
 

8

Ratify Auditors

For

For

  

Mgmt
 
 

05/15/08 - A

Yum Brands, Inc. *YUM*

988498101

03/17/08

  
 

1

Elect Directors

For

For

  

Mgmt
 

2

Ratify Auditors

For

For

  

Mgmt
 

3

Adopt Majority Voting for Uncontested Election of Directors

For

For

  

Mgmt
 

4

Amend Omnibus Stock Plan

For

For

  

Mgmt
 

5

Adopt MacBride Principles

Against

Against

  

ShrHoldr
 

6

Advisory Vote to Ratify Named Executive Officers' Compensation

Against

Against

  

ShrHoldr
 

7

Report on Sustainability and Food Safety in the Supply Chain

Against

Against

  

ShrHoldr
 

8

Report on Animal Welfare Policies

Against

Against

  

ShrHoldr
 
 

05/05/08 - A

Zimmer Holdings Inc *ZMH*

98956P102

03/06/08

  
 

1

Elect Director David C. Dvorak

For

For

  

Mgmt
 

2

Elect Director Robert A. Hagemann

For

For

  

Mgmt
 

3

Elect Director Arthur J. Higgins

For

For

  

Mgmt
 

4

Elect Director Cecil B. Pickett

For

For

  

Mgmt
 

5

Ratify Auditors

For

For

  

Mgmt
 

6

Amend Executive Incentive Bonus Plan

For

For

  

Mgmt
 

7

Eliminate Supermajority Vote Requirement

For

For

  

Mgmt
 
 

 

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 TAX-MANAGED EQUITY FUND, INC.

(Registrant)

 
 

By: /s/Kristen A. Richards

     Kristen A. Richards, Vice President and Assistant Secretary
 

Date: August 29, 2008
 
 

By: /s/Henry J. Herrmann

     Henry J. Herrmann, President and Principal Executive Officer
 

Date: August 29, 2008