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: 811-3790

QUANTITATIVE GROUP OF FUNDS

Quant Small Cap Fund

55 Old Bedford Road

Lincoln, MA 01773

Sandra I. Madden

Quantitative Group of Funds

55 Old Bedford Road

Lincoln, MA 01773

(Name and address of agent for service)

Registrant’s telephone number, including area code: 781-259-1144

Date of fiscal year end: MARCH 31

Date of reporting period: JULY 1, 2009 – JUNE 30, 2010

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Nice-Systems Ltd.

27-Jul-09

Meeting Date

Israel

Country

653656108

Primary Security ID

Annual

Meeting Type

Record Date

22-Jun-09

Shares Voted

90,797

Mgmt Rec

Proponent

Vote Instruction

Mgmt

None

None

Meeting for ADR Holders

Mgmt

1a

For

For

Elect Ron Gutler as Director

Mgmt

1b

For

For

Elect Joseph Atsmon as Director

Mgmt

1c

For

For

Elect Rimon Ben-Shaoul as Director

Mgmt

1d

For

For

Elect Yoseph Dauber as Director

Mgmt

1e

For

For

Elect John Hughes as Director

Mgmt

1f

For

For

Elect David Kostman as Director

Mgmt

2

For

For

Re-appoint The Company’s Independent Auditors And To Authorize The Company’s Board Of Directors To Fix Their Remuneration.

Haemonetics Corp.

30-Jul-09

Meeting Date

USA

Country

405024100

Primary Security ID

Annual

Meeting Type

Record Date

04-Jun-09

Shares Voted

13,233

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Ronald Gelbman

Mgmt

1.2

Withhold

For

Elect Director Brad Nutter

Mgmt

2

Against

For

Ratify Auditors

Mgmt

3

Against

For

Other Business

American Superconductor Corp.

06-Aug-09

Meeting Date

USA

Country

030111108

Primary Security ID

Annual

Meeting Type

Record Date

08-Jun-09

Shares Voted

1,845

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Gregory J. Yurek

Mgmt

1.2

For

For

Elect Director Vikram S. Budhraja

Mgmt

1.3

Withhold

For

Elect Director Peter O. Crisp

Mgmt

1.4

Withhold

For

Elect Director Richard Drouin

Mgmt

1.5

For

For

Elect Director David R. Oliver, Jr.

Mgmt

1.6

Withhold

For

Elect Director John B. Vander Sande

Mgmt

1.7

For

For

Elect Director John W. Wood, Jr.

Page 1 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

2

Against

For

Amend Omnibus Stock Plan

Mgmt

3

For

For

Amend Qualified Employee Stock Purchase Plan

Mgmt

4

Against

For

Ratify Auditors

Smith & Wesson Holding Corp

14-Sep-09

Meeting Date

USA

Country

831756101

Primary Security ID

Annual

Meeting Type

Record Date

20-Jul-09

Shares Voted

139,164

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Barry M. Monheit

Mgmt

1.2

For

For

Elect Director Robert L. Scott

Mgmt

1.3

For

For

Elect Director Michael F. Golden

Mgmt

1.4

For

For

Elect Director Jeffrey D. Buchanan

Mgmt

1.5

For

For

Elect Director John B. Furman

Mgmt

1.6

For

For

Elect Director Mitchell A. Saltz

Mgmt

1.7

For

For

Elect Director David M. Stone

Mgmt

1.8

For

For

Elect Director I. Marie Wadecki

Mgmt

2

For

For

Ratify Auditors

Lions Gate Entertainment Corp.

15-Sep-09

Meeting Date

Canada

Country

535919203

Primary Security ID

Annual

Meeting Type

Record Date

20-Jul-09

Shares Voted

4,032

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Norman Bacal

Mgmt

1.2

For

For

Elect Director Michael Burns

Mgmt

1.3

Withhold

For

Elect Director Arthur Evrensel

Mgmt

1.4

For

For

Elect Director Jon Feltheimer

Mgmt

1.5

For

For

Elect Director Morley Koffman

Mgmt

1.6

For

For

Elect Director Harald Ludwig

Mgmt

1.7

For

For

Elect Director G. Scott Paterson

Mgmt

1.8

For

For

Elect Director Mark H. Rachesky

Mgmt

1.9

Withhold

For

Elect Director Daryl Simm

Mgmt

1.10

Withhold

For

Elect Director Hardwick Simmons

Mgmt

1.11

For

For

Elect Director Brian V. Tobin

Mgmt

1.12

For

For

Elect Director Phyllis Yaffe

Mgmt

2

For

For

Approve Ernst & Young LLP as Auditors and Authorize Audit Committee to Fix Their Remuneration

Page 2 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

3PAR Inc.

17-Sep-09

Meeting Date

USA

Country

88580F109

Primary Security ID

Annual

Meeting Type

Record Date

22-Jul-09

Shares Voted

542

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Christopher B. Paisley

Mgmt

1.2

For

For

Elect Director James Wei

Mgmt

2

Against

For

Ratify Auditors

Mgmt

3

For

For

Amend Bylaws Relating to Special Meetings and Director Resignations and Vacancies on the Board

Synaptics Incorporated

20-Oct-09

Meeting Date

USA

Country

87157D109

Primary Security ID

Annual

Meeting Type

Record Date

28-Aug-09

Shares Voted

221

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Jeffrey D. Buchanan

Mgmt

1.2

Withhold

For

Elect Director Keith B. Geeslin

Mgmt

1.3

For

For

Elect Director James L. Whims

Mgmt

2

For

For

Ratify Auditors

Blue Coat Systems, Inc.

30-Oct-09

Meeting Date

USA

Country

09534T508

Primary Security ID

Annual

Meeting Type

Record Date

01-Sep-09

Shares Voted

35,314

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Brian M. NeSmith

Mgmt

1.2

Withhold

For

Elect Director David W. Hanna

Mgmt

1.3

For

For

Elect Director James A. Barth

Mgmt

1.4

For

For

Elect Director Keith Geeslin

Mgmt

1.5

For

For

Elect Director Timothy A. Howes

Mgmt

1.6

For

For

Elect Director James R. Tolonen

Mgmt

1.7

For

For

Elect Director Carol G. Mills

Mgmt

2

Against

For

Ratify Auditors

Mgmt

3

Against

For

Amend Omnibus Stock Plan

Mgmt

4

For

For

Amend Qualified Employee Stock Purchase Plan

Page 3 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Comtech Telecommunications Corp.

09-Dec-09

Meeting Date

USA

Country

205826209

Primary Security ID

Annual

Meeting Type

Record Date

12-Oct-09

Shares Voted

25,103

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Richard L. Goldberg

Mgmt

1.2

Withhold

For

Elect Director Robert G. Paul

Mgmt

2

For

For

Ratify Auditors

Mgmt

3

Against

For

Amend Omnibus Stock Plan

United Natural Foods, Inc.

13-Jan-10

Meeting Date

USA

Country

911163103

Primary Security ID

Annual

Meeting Type

Record Date

17-Nov-09

Shares Voted

85,578

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Against

For

Elect Director Joseph M. Cianciolo

Mgmt

1.2

For

For

Elect Director Peter Roy

Mgmt

2

For

For

Ratify Auditors

Diamond Foods, Inc.

15-Jan-10

Meeting Date

USA

Country

252603105

Primary Security ID

Annual

Meeting Type

Record Date

17-Nov-09

Shares Voted

59,008

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Robert M. Lea

Mgmt

1.2

For

For

Elect Director Dennis Mussell

Mgmt

1.3

For

For

Elect Director Glen C. Warren, Jr.

Mgmt

2

Against

For

Ratify Auditors

Smart Balance Inc

21-Jan-10

Meeting Date

USA

Country

83169Y108

Primary Security ID

Special

Meeting Type

Record Date

14-Dec-09

Shares Voted

19,011

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1

For

For

Amend Omnibus Stock Plan

Mgmt

2

For

For

Approve Stock Option Plan Grants

Page 4 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Central Garden & Pet Co.

08-Feb-10

Meeting Date

USA

Country

153527205

Primary Security ID

Annual

Meeting Type

Record Date

15-Dec-09

Shares Voted

34,761

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director William E. Brown

Mgmt

1.2

Withhold

For

Elect Director Brooks M. Pennington III

Mgmt

1.3

For

For

Elect Director John B. Balousek

Mgmt

1.4

For

For

Elect Director David N. Chichester

Mgmt

1.5

For

For

Elect Director Alfred A. Piergallini

Mgmt

2

Against

For

Ratify Auditors

Kulicke & Soffa Industries, Inc.

09-Feb-10

Meeting Date

USA

Country

501242101

Primary Security ID

Annual

Meeting Type

Record Date

14-Dec-09

Shares Voted

29,539

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director John A. O’Steen

Mgmt

1.2

Withhold

For

Elect Director MacDonell Roehm Jr.

Mgmt

2

Against

For

Ratify Auditors

Sirona Dental Systems Inc

25-Feb-10

Meeting Date

USA

Country

82966C103

Primary Security ID

Annual

Meeting Type

Record Date

05-Jan-10

Shares Voted

31,675

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Simone Blank

Mgmt

1.2

For

For

Elect Director Timothy D. Sheehan

Mgmt

1.3

Withhold

For

Elect Director Timothy P. Sullivan

Mgmt

2

For

For

Ratify Auditors

NBTY, Inc.

26-Feb-10

Meeting Date

USA

Country

628782104

Primary Security ID

Annual

Meeting Type

Record Date

05-Jan-10

Shares Voted

18,293

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Michael L. Ashner

Page 5 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

1.2

Withhold

For

Elect Director Glenn Cohen

Mgmt

1.3

Withhold

For

Elect Director Arthur Rudolph

Mgmt

2

For

For

Ratify Auditors

Bioscrip Inc

25-Mar-10

Meeting Date

USA

Country

09069N108

Primary Security ID

Special

Meeting Type

Record Date

08-Feb-10

Shares Voted

5,838

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1

For

For

Approve Issue Shares in Connection with Acquisition

Mgmt

2

For

For

Adjourn Meeting

Fifth Street Finance Corp.

20-Apr-10

Meeting Date

USA

Country

31678A103

Primary Security ID

Annual

Meeting Type

Record Date

19-Mar-10

Shares Voted

66,506

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1

For

For

Elect Director Richard P. Dutkiewicz

Mgmt

2

For

For

Elect Director Frank C. Meyer

Mgmt

3

For

For

Elect Director Douglas F. Ray

Mgmt

4

For

For

Ratify Auditors

Mgmt

5

For

For

Increase Authorized Common Stock

Mgmt

6

For

For

Removal of Authority to Issue Shares of Series A Preferred Stock

Pinnacle Financial Partners, Inc.

20-Apr-10

Meeting Date

USA

Country

72346Q104

Primary Security ID

Annual

Meeting Type

Record Date

26-Feb-10

Shares Voted

3,971

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Sue G. Atkinson

Mgmt

1.2

For

For

Elect Director Harold Gordon Bone

Mgmt

1.3

For

For

Elect Director Gregory L. Burns

Mgmt

1.4

Withhold

For

Elect Director M. Clay T. Jackson

Mgmt

1.5

Withhold

For

Elect Director Gary L. Scott

Mgmt

1.6

For

For

Elect Director Hal N. Pennington

Mgmt

2

Against

For

Ratify Auditors

Mgmt

3

Against

For

Advisory Vote on Executive Compensation

Page 6 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Sonoco Products Company

21-Apr-10

Meeting Date

USA

Country

835495102

Primary Security ID

Annual

Meeting Type

Record Date

19-Feb-10

Shares Voted

29,832

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director C.C. Fort

Mgmt

1.2

Withhold

For

Elect Director J.H. Mullin

Mgmt

1.3

For

For

Elect Director P.R. Rollier

Mgmt

1.4

For

For

Elect Director T.E. Whiddon

Mgmt

2

Against

For

Ratify Auditors

Westamerica Bancorporation

22-Apr-10

Meeting Date

USA

Country

957090103

Primary Security ID

Annual

Meeting Type

Record Date

22-Feb-10

Shares Voted

270

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Etta Allen

Mgmt

1.2

Withhold

For

Elect Director Louis E. Bartolini

Mgmt

1.3

For

For

Elect Director E. Joseph Bowler

Mgmt

1.4

Withhold

For

Elect Director Arthur C. Latno, Jr.

Mgmt

1.5

Withhold

For

Elect Director Patrick D. Lynch

Mgmt

1.6

Withhold

For

Elect Director Catherine Cope MacMillan

Mgmt

1.7

Withhold

For

Elect Director Ronald A. Nelson

Mgmt

1.8

Withhold

For

Elect Director David L. Payne

Mgmt

1.9

Withhold

For

Elect Director Edward B. Sylvester

Mgmt

2

Against

For

Ratify Auditors

Harsco Corporation

27-Apr-10

Meeting Date

USA

Country

415864107

Primary Security ID

Annual

Meeting Type

Record Date

02-Mar-10

Shares Voted

38,790

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director G.D.H. Butler

Mgmt

1.2

For

For

Elect Director K.G. Eddy

Mgmt

1.3

Withhold

For

Elect Director S.D. Fazzolari

Mgmt

1.4

For

For

Elect Director S.E. Graham

Mgmt

1.5

For

For

Elect Director T.D. Growcock

Page 7 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

1.6

For

For

Elect Director H.W. Knueppel

Mgmt

1.7

For

For

Elect Director D.H. Pierce

Mgmt

1.8

Withhold

For

Elect Director J.I. Scheiner

Mgmt

1.9

Withhold

For

Elect Director A.J. Sordoni, III

Mgmt

1.10

Withhold

For

Elect Director R.C. Wilburn

Mgmt

2

For

For

Ratify Auditors

Aspen Insurance Holdings, Ltd.

28-Apr-10

Meeting Date

Bermuda

Country

G05384105

Primary Security ID

Annual

Meeting Type

Record Date

01-Mar-10

Shares Voted

28,308

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Reelect Ian Cormack as Director

Mgmt

1.2

For

For

Reelect Matthew Botein as Director

Mgmt

1.3

For

For

Reelect Richard Bucknall as Director

Mgmt

1.4

For

For

Elect Peter O’Flinn as Director

Mgmt

2

For

For

Ratify KPMG Audit plc, London, England as Auditors and Authorize Board to Fix Their Remuneration

Ventas, Inc.

30-Apr-10

Meeting Date

USA

Country

92276F100

Primary Security ID

Annual

Meeting Type

Record Date

08-Mar-10

Shares Voted

3,644

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Debra A. Cafaro

Mgmt

1.2

Withhold

For

Elect Director Douglas Crocker, II

Mgmt

1.3

Withhold

For

Elect Director Ronald G. Geary

Mgmt

1.4

For

For

Elect Director Jay M. Gellert

Mgmt

1.5

For

For

Elect Director Robert D. Reed

Mgmt

1.6

For

For

Elect Director Sheli Z. Rosenberg

Mgmt

1.7

For

For

Elect Director James D. Shelton

Mgmt

1.8

For

For

Elect Director Thomas C. Theobald

Mgmt

2

Against

For

Ratify Auditors

SH

3

For

Against

Require a Majority Vote for the Election of Directors

Gardner Denver, Inc.

04-May-10

Meeting Date

USA

Country

365558105

Primary Security ID

Annual

Meeting Type

Record Date

05-Mar-10

Shares Voted

19,857

Page 8 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Frank J. Hansen

Mgmt

1.2

For

For

Elect Director Diane K. Schumacher

Mgmt

1.3

For

For

Elect Director Charles L. Szews

Mgmt

2

Against

For

Ratify Auditors

Mgmt

3

Against

For

Approve Executive Incentive Bonus Plan

SH

4

For

Against

Amend EEO Policy to Prohibit Discrimination Based on Sexual Orientation and Gender Identity

The Middleby Corporation

04-May-10

Meeting Date

USA

Country

596278101

Primary Security ID

Annual

Meeting Type

Record Date

19-Mar-10

Shares Voted

1,465

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1

Against

For

Elect Director Selim A. Bassoul

Mgmt

2

For

For

Elect Director Robert B. Lamb

Mgmt

3

For

For

Elect Director Ryan Levenson

Mgmt

4

Against

For

Elect Director John R. Miller, III

Mgmt

5

For

For

Elect Director Gordon O’Brien

Mgmt

6

Against

For

Elect Director Philip G. Putnam

Mgmt

7

Against

For

Elect Director Sabin C. Streeter

Mgmt

8

Against

For

Ratify Auditors

Compass Minerals International, Inc.

05-May-10

Meeting Date

USA

Country

20451N101

Primary Security ID

Annual

Meeting Type

Record Date

12-Mar-10

Shares Voted

20,531

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Angelo C. Brisimitzakis, PhD

Mgmt

1.2

For

For

Elect Director Timothy R. Snider

Mgmt

1.3

For

For

Elect Director Paul S. Williams

Mgmt

2

For

For

Ratify Auditors

Mgmt

3

For

For

Amend Omnibus Stock Plan

Entegris, Inc.

05-May-10

Meeting Date

USA

Country

29362U104

Primary Security ID

Annual

Meeting Type

Record Date

12-Mar-10

Shares Voted

140,928

Mgmt Rec

Proponent

Vote Instruction

Page 9 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

1.1

For

For

Elect Director Gideon Argov

Mgmt

1.2

For

For

Elect Director Michael A. Bradley

Mgmt

1.3

For

For

Elect Director Marvin D. Burkett

Mgmt

1.4

For

For

Elect Director Michael P.C. Carns

Mgmt

1.5

For

For

Elect Director Daniel W. Christman

Mgmt

1.6

For

For

Elect Director Gary F. Klingl

Mgmt

1.7

Withhold

For

Elect Director Roger D. McDaniel

Mgmt

1.8

For

For

Elect Director Paul L.H. Olson

Mgmt

1.9

For

For

Elect Director Brian F. Sullivan

Mgmt

2

For

For

Ratify Auditors

Mgmt

3

Against

For

Approve Omnibus Stock Plan

Regal Entertainment Group

05-May-10

Meeting Date

USA

Country

758766109

Primary Security ID

Annual

Meeting Type

Record Date

10-Mar-10

Shares Voted

310,594

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Thomas D. Bell, Jr.

Mgmt

1.2

For

For

Elect Director David H. Keyte

Mgmt

1.3

For

For

Elect Director Amy E. Miles

Mgmt

1.4

For

For

Elect Director Lee M. Thomas

Mgmt

2

For

For

Ratify Auditors

AMB Property Corporation

06-May-10

Meeting Date

USA

Country

00163T109

Primary Security ID

Annual

Meeting Type

Record Date

03-Mar-10

Shares Voted

27,307

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1

Against

For

Elect Director T. Robert Burke

Mgmt

2

For

For

Elect Director David A. Cole

Mgmt

3

For

For

Elect Director Lydia H. Kennard

Mgmt

4

Against

For

Elect Director J. Michael Losh

Mgmt

5

Against

For

Elect Director Hamid R. Moghadam

Mgmt

6

For

For

Elect Director Frederick W. Reid

Mgmt

7

Against

For

Elect Director Jeffrey L. Skelton

Mgmt

8

Against

For

Elect Director Thomas W. Tusher

Mgmt

9

For

For

Elect Director Carl B. Webb

Page 10 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

10

Against

For

Ratify Auditors

Ormat Technologies, Inc.

06-May-10

Meeting Date

USA

Country

686688102

Primary Security ID

Annual

Meeting Type

Record Date

16-Mar-10

Shares Voted

9,806

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Lucien Bronicki

Mgmt

1.2

Withhold

For

Elect Director Dan Falk

Mgmt

2

Against

For

Ratify Auditors

SBA Communications Corporation

06-May-10

Meeting Date

USA

Country

78388J106

Primary Security ID

Annual

Meeting Type

Record Date

08-Mar-10

Shares Voted

131,985

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director George R. Krouse, Jr.

Mgmt

1.2

For

For

Elect Director Kevin L. Beebe

Mgmt

1.3

For

For

Elect Director Jack Langer

Mgmt

1.4

For

For

Elect Director Jeffrey A. Stoops

Mgmt

2

Against

For

Ratify Auditors

Mgmt

3

Against

For

Increase Authorized Common Stock

Mgmt

4

Against

For

Approve Omnibus Stock Plan

Eclipsys Corporation

07-May-10

Meeting Date

USA

Country

278856109

Primary Security ID

Annual

Meeting Type

Record Date

10-Mar-10

Shares Voted

16,024

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Dan L. Crippen

Mgmt

1.2

For

For

Elect Director Edward A. Kangas

Mgmt

1.3

For

For

Elect Director Craig Macnab

Mgmt

2

Against

For

Ratify Auditors

Waste Connections, Inc.

07-May-10

Meeting Date

USA

Country

941053100

Primary Security ID

Annual

Meeting Type

Record Date

09-Mar-10

Shares Voted

55,690

Mgmt Rec

Proponent

Vote Instruction

Page 11 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

1

Against

For

Elect Director Edward E. “Ned” Guillet

Mgmt

2

Against

For

Elect Director Ronald J. Mittelstaedt

Mgmt

3

Against

For

Amend Omnibus Stock Plan

Mgmt

4

For

For

Ratify Auditors

Clean Harbors, Inc.

10-May-10

Meeting Date

USA

Country

184496107

Primary Security ID

Annual

Meeting Type

Record Date

30-Mar-10

Shares Voted

6,188

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director John P. DeVillars

Mgmt

1.2

Withhold

For

Elect Director Daniel J. McCarthy

Mgmt

1.3

For

For

Elect Director Andrea Robertson

Mgmt

2

Against

For

Increase Authorized Common Stock

Mgmt

3

Against

For

Approve Omnibus Stock Plan

Mgmt

4

For

For

Ratify Auditors

Henry Schein, Inc.

10-May-10

Meeting Date

USA

Country

806407102

Primary Security ID

Annual

Meeting Type

Record Date

12-Mar-10

Shares Voted

29,545

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Stanley M Bergman

Mgmt

1.2

Withhold

For

Elect Director Gerald A Benjamin

Mgmt

1.3

Withhold

For

Elect Director James P Breslawski

Mgmt

1.4

Withhold

For

Elect Director Mark E Mlotek

Mgmt

1.5

Withhold

For

Elect Director Steven Paladino

Mgmt

1.6

Withhold

For

Elect Director Barry J Alperin

Mgmt

1.7

For

For

Elect Director Paul Brons

Mgmt

1.8

Withhold

For

Elect Director Donald J Kabat

Mgmt

1.9

For

For

Elect Director Philip A Laskawy

Mgmt

1.10

For

For

Elect Director Karyn Mashima

Mgmt

1.11

For

For

Elect Director Norman S Matthews

Mgmt

1.12

For

For

Elect Director Bradley T Sheares, PhD

Mgmt

1.13

For

For

Elect Director Louis W Sullivan, MD

Mgmt

2

Against

For

Amend Non-Employee Director Omnibus Stock Plan

Mgmt

3

Against

For

Ratify Auditors

Page 12 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Select Medical Holdings Corporation

11-May-10

Meeting Date

USA

Country

81619Q105

Primary Security ID

Annual

Meeting Type

Record Date

19-Mar-10

Shares Voted

62,630

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director David S. Chernow

Mgmt

1.2

For

For

Elect Director James S. Ely, III

Mgmt

1.3

Withhold

For

Elect Director Sean M. Traynor

Mgmt

2

Against

For

Approve Executive Incentive Bonus Plan

Mgmt

3

Against

For

Amend Omnibus Stock Plan

Mgmt

4

For

For

Ratify Auditors

Entertainment Properties Trust

12-May-10

Meeting Date

USA

Country

29380T105

Primary Security ID

Annual

Meeting Type

Record Date

16-Feb-10

Shares Voted

124,718

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Barrett Brady

Mgmt

1.2

Withhold

For

Elect Director Peter Brown

Mgmt

2

Against

For

Ratify Auditors

Nutrisystem, Inc.

12-May-10

Meeting Date

USA

Country

67069D108

Primary Security ID

Annual

Meeting Type

Record Date

16-Mar-10

Shares Voted

134

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Robert F. Bernstock

Mgmt

1.2

For

For

Elect Director Michael F. Devine, III

Mgmt

1.3

For

For

Elect Director Laura W. Lang

Mgmt

1.4

For

For

Elect Director Theodore J. Leonsis

Mgmt

1.5

For

For

Elect Director Warren V. Musser

Mgmt

1.6

Withhold

For

Elect Director Joseph M. Redling

Mgmt

1.7

For

For

Elect Director Brian P. Tierney

Mgmt

1.8

For

For

Elect Director Stephen T. Zarrilli

Mgmt

2

Against

For

Ratify Auditors

Page 13 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Smart Balance, Inc.

12-May-10

Meeting Date

USA

Country

83169Y108

Primary Security ID

Annual

Meeting Type

Record Date

01-Apr-10

Shares Voted

19,011

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Robert S. Gluck

Mgmt

1.2

Withhold

For

Elect Director Stephen B. Hughes

Mgmt

1.3

For

For

Elect Director James E. Lewis

Mgmt

2

For

For

Ratify Auditors

Mgmt

3

For

For

Amend Executive Incentive Bonus Plan

SXC Health Solutions Corp.

12-May-10

Meeting Date

Canada

Country

78505P100

Primary Security ID

Annual/Special

Meeting Type

Record Date

17-Mar-10

Shares Voted

1,875

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Terence C. Burke

Mgmt

1.2

For

For

Elect Director William J. Davis

Mgmt

1.3

For

For

Elect Director Philip R. Reddon

Mgmt

1.4

For

For

Elect Director Mark A. Thierer

Mgmt

1.5

Withhold

For

Elect Director Steven Cosler

Mgmt

1.6

For

For

Elect Director Curtis J. Thorne

Mgmt

1.7

Withhold

For

Elect Director Anthony R. Masso

Mgmt

2

For

For

Approve SXC Health Solutions Corp. Incentive Plan

Mgmt

3

For

For

Ratify KPMG US as Auditors

Aegean Marine Petroleum Network Inc

13-May-10

Meeting Date

Marshall Isl

Country

Y0017S102

Primary Security ID

Annual

Meeting Type

Record Date

29-Mar-10

Shares Voted

37,819

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Yiannis N. Papanicolaou as Director

Mgmt

1.2

For

For

Elect Konstantinos D. Koutsomitopoulos as Director

Mgmt

2

For

For

Ratify Deloitte Hadjipavlou Sofianos & Cambanis S.A. as the Company’s independent auditors for the fiscal year ending December 31, 2010.

Page 14 of 28

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

Institutional Account(s): Quant Small Cap Fund

Acacia Research Corporation

18-May-10

Meeting Date

USA

Country

003881307

Primary Security ID

Annual

Meeting Type

Record Date

22-Mar-10

Shares Voted

54,870

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Robert L. Harris, II

Mgmt

1.2

Withhold

For

Elect Director Fred A. deBoom

Mgmt

2

For

For

Ratify Auditors

F.N.B. Corporation

19-May-10

Meeting Date

USA

Country

302520101

Primary Security ID

Annual

Meeting Type

Record Date

10-Mar-10

Shares Voted

50,438

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director William B. Campbell

Mgmt

1.2

For

For

Elect Director Philip E. Gingerich

Mgmt

1.3

For

For

Elect Director Robert B. Goldstein

Mgmt

1.4

For

For

Elect Director Stephen J. Gurgovits

Mgmt

1.5

For

For

Elect Director David J. Malone

Mgmt

1.6

For

For

Elect Director Harry F. Radcliffe

Mgmt

1.7

Withhold

For

Elect Director Arthur J. Rooney, II

Mgmt

1.8

For

For

Elect Director John W. Rose

Mgmt

1.9

Withhold

For

Elect Director Stanton R. Sheetz

Mgmt

1.10

Withhold

For

Elect Director William J. Strimbu

Mgmt

2

Against

For

Ratify Auditors

Hersha Hospitality Trust

19-May-10

Meeting Date

USA

Country

427825104

Primary Security ID

Annual

Meeting Type

Record Date

31-Mar-10

Shares Voted

436,530

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Jay H. Shah

Mgmt

1.2

Withhold

For

Elect Director Thomas A. Capello

Mgmt

1.3

For

For

Elect Director Thomas J. Hutchison, III

Mgmt

1.4

For

For

Elect Director Donald J. Landry

Mgmt

2

For

For

Ratify Auditors

Mgmt

3

Against

For

Amend Omnibus Stock Plan

Page 15 of 28

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

Institutional Account(s): Quant Small Cap Fund

Hughes Communications, Inc.

19-May-10

Meeting Date

USA

Country

444398101

Primary Security ID

Annual

Meeting Type

Record Date

25-Mar-10

Shares Voted

15,491

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Andrew D. Africk

Mgmt

1.2

For

For

Elect Director O. Gene Gabbard

Mgmt

1.3

Withhold

For

Elect Director Pradman P. Kaul

Mgmt

1.4

Withhold

For

Elect Director Jeffrey A. Leddy

Mgmt

1.5

For

For

Elect Director Lawrence Ruisi

Mgmt

1.6

Withhold

For

Elect Director Aaron J. Stone

Mgmt

1.7

For

For

Elect Director Michael Weiner

Mgmt

2

For

For

Ratify Auditors

Universal Health Services, Inc.

19-May-10

Meeting Date

USA

Country

913903100

Primary Security ID

Annual

Meeting Type

Record Date

31-Mar-10

Shares Voted

41,308

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Robert H. Hotz

Mgmt

2

Against

For

Approve Restricted Stock Plan

Mgmt

3

For

For

Approve Executive Incentive Bonus Plan

CoBiz Financial, Inc.

20-May-10

Meeting Date

USA

Country

190897108

Primary Security ID

Annual

Meeting Type

Record Date

31-Mar-10

Shares Voted

93,064

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Steven Bangert

Mgmt

1.2

Withhold

For

Elect Director Michael B. Burgamy

Mgmt

1.3

For

For

Elect Director Morgan Gust

Mgmt

1.4

Withhold

For

Elect Director Evan Makovsky

Mgmt

1.5

For

For

Elect Director Douglas L. Polson

Mgmt

1.6

For

For

Elect Director Mary K. Rhinehart

Mgmt

1.7

Withhold

For

Elect Director Noel N. Rothman

Mgmt

1.8

Withhold

For

Elect Director Timothy J. Travis

Mgmt

1.9

For

For

Elect Director Mary Beth Vitale

Page 16 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

1.10

For

For

Elect Director Mary M. White

Mgmt

2

Against

For

Ratify Auditors

Mgmt

3

Against

For

Advisory Vote to Ratify Named Executive Officers’ Compensation

Mgmt

4

Against

For

Amend Omnibus Stock Plan

RailAmerica, Inc.

20-May-10

Meeting Date

USA

Country

750753402

Primary Security ID

Annual

Meeting Type

Record Date

22-Mar-10

Shares Voted

10,353

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director John E. Giles

Mgmt

1.2

For

For

Elect Director Vincent T. Montgomery

Mgmt

1.3

Withhold

For

Elect Director Ray M. Robinson

Mgmt

2

For

For

Ratify Auditors

TNS, Inc.

20-May-10

Meeting Date

USA

Country

872960109

Primary Security ID

Annual

Meeting Type

Record Date

08-Apr-10

Shares Voted

20,956

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director John B. Benton

Mgmt

1.2

For

For

Elect Director Henry H. Graham, Jr.

Mgmt

1.3

For

For

Elect Director Stephen X. Graham

Mgmt

1.4

For

For

Elect Director John V. Sponyoe

Mgmt

1.5

For

For

Elect Director Jay E. Ricks

Mgmt

1.6

For

For

Elect Director Thomas E. Wheeler

Mgmt

2

For

For

Ratify Auditors

Atheros Communications, Inc

21-May-10

Meeting Date

USA

Country

04743P108

Primary Security ID

Annual

Meeting Type

Record Date

31-Mar-10

Shares Voted

421

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Charles E. Harris

Mgmt

1.2

For

For

Elect Director Marshall L. Mohr

Mgmt

1.3

Withhold

For

Elect Director Andrew S. Rappaport

Mgmt

2

For

For

Ratify Auditors

Page 17 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

SuccessFactors, Inc.

21-May-10

Meeting Date

USA

Country

864596101

Primary Security ID

Annual

Meeting Type

Record Date

08-Apr-10

Shares Voted

12,703

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Douglas J. Burgum

Mgmt

1.2

For

For

Elect Director Lars Dalgaard

Mgmt

1.3

For

For

Elect Director Elizabeth A. Nelson

Mgmt

2

For

For

Amend Omnibus Stock Plan

Mgmt

3

For

For

Ratify Auditors

NuVasive, Inc.

25-May-10

Meeting Date

USA

Country

670704105

Primary Security ID

Annual

Meeting Type

Record Date

29-Mar-10

Shares Voted

1,843

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Alexis V. Lukianov

Mgmt

1.2

For

For

Elect Director Jack R. Blair

Mgmt

2

For

For

Ratify Auditors

Mgmt

3

Against

For

Other Business

Tower Bancorp, Inc.

25-May-10

Meeting Date

USA

Country

891709107

Primary Security ID

Annual

Meeting Type

Record Date

09-Apr-10

Shares Voted

32,876

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director John M. DiSanto

Mgmt

1.2

For

For

Elect Director Frederic M. Frederick

Mgmt

1.3

For

For

Elect Director Kenneth R. Lehman

Mgmt

1.4

For

For

Elect Director Terry L. Randall

Mgmt

1.5

For

For

Elect Director Hasu P. Shah

Mgmt

1.6

For

For

Elect Director Jeffrey B. Shank

Mgmt

2

Against

For

Approve Omnibus Stock Plan

Mgmt

3

For

For

Ratify Auditors

MasTec, Inc.

27-May-10

Meeting Date

USA

Country

576323109

Primary Security ID

Annual

Meeting Type

Record Date

19-Mar-10

Shares Voted

326

Page 18 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Robert J. Dwyer

Mgmt

1.2

For

For

Elect Director Frank E. Jaumot

Mgmt

1.3

Withhold

For

Elect Director Jose S. Sorzano

Mgmt

2

For

For

Ratify Auditors

optionsXpress Holdings, Inc.

27-May-10

Meeting Date

USA

Country

684010101

Primary Security ID

Annual

Meeting Type

Record Date

29-Mar-10

Shares Voted

44,925

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director David A. Fisher

Mgmt

1.2

For

For

Elect Director Michael J. Soenen

Mgmt

1.3

For

For

Elect Director S. Scott Wald

Mgmt

2

For

For

Ratify Auditors

Coinstar, Inc.

01-Jun-10

Meeting Date

USA

Country

19259P300

Primary Security ID

Annual

Meeting Type

Record Date

05-Apr-10

Shares Voted

18,262

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1

For

For

Elect Director Arik A. Ahitov

Mgmt

2

For

For

Elect Director Ronald B. Woodard

Mgmt

3

For

For

Increase Authorized Common Stock

Mgmt

4

Against

For

Amend Omnibus Stock Plan

Mgmt

5

For

For

Ratify Auditors

TradeStation Group, Inc.

01-Jun-10

Meeting Date

USA

Country

89267P105

Primary Security ID

Annual

Meeting Type

Record Date

05-Apr-10

Shares Voted

66,502

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Denise Dickins

Mgmt

1.2

For

For

Elect Director Michael W. Fipps

Mgmt

1.3

For

For

Elect Director Nathan D. Leight

Mgmt

1.4

Withhold

For

Elect Director Salomon Sredni

Page 19 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

1.5

For

For

Elect Director Charles F. Wright

Mgmt

2

Against

For

Approve Non-Employee Director Omnibus Stock Plan

Mgmt

3

Against

For

Ratify Auditors

Ulticom, Inc.

03-Jun-10

Meeting Date

USA

Country

903844207

Primary Security ID

Annual

Meeting Type

Record Date

08-Apr-10

Shares Voted

37,228

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Paul D. Baker

Mgmt

1.2

Withhold

For

Elect Director John A. Bunyan

Mgmt

1.3

For

For

Elect Director Michael J. Chill

Mgmt

1.4

Withhold

For

Elect Director Andre Dahan

Mgmt

1.5

Withhold

For

Elect Director Ron Hiram

Mgmt

1.6

Withhold

For

Elect Director Joel E. Legon

Mgmt

1.7

Withhold

For

Elect Director Rex A. McWilliams

Mgmt

1.8

Withhold

For

Elect Director Shawn K. Osborne

Mgmt

1.9

Withhold

For

Elect Director Shefali A. Shah

Mgmt

2

Against

For

Approve Omnibus Stock Plan

Mgmt

3

Against

For

Ratify Auditors

Blackboard Inc.

04-Jun-10

Meeting Date

USA

Country

091935502

Primary Security ID

Annual

Meeting Type

Record Date

13-Apr-10

Shares Voted

8,611

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Frank R. Gatti

Mgmt

1.2

For

For

Elect Director Beth Kaplan

Mgmt

1.3

Withhold

For

Elect Director Matthew L. Pittinsky

Mgmt

2

Against

For

Amend Omnibus Stock Plan

Mgmt

3

Against

For

Ratify Auditors

Pacific Sunwear of California, Inc.

04-Jun-10

Meeting Date

USA

Country

694873100

Primary Security ID

Annual

Meeting Type

Record Date

06-Apr-10

Shares Voted

51,185

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1

For

For

Elect Director Gary H. Schoenfeld

Page 20 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

2

For

For

Elect Director Thomas M. Murnane

Mgmt

3

For

For

Elect Director Brett Brewer

Mgmt

4

For

For

Elect Director Grace Nichols

Mgmt

5

For

For

Elect Director Peter Starrett

Mgmt

6

For

For

Ratify Auditors

SandRidge Energy, Inc.

04-Jun-10

Meeting Date

USA

Country

80007P307

Primary Security ID

Annual

Meeting Type

Record Date

07-Apr-10

Shares Voted

525

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director William A. Gilliland

Mgmt

1.2

For

For

Elect Director D. Dwight Scott

Mgmt

1.3

For

For

Elect Director Jeffrey S. Serota

Mgmt

2

For

For

Ratify Auditors

Silgan Holdings Inc.

07-Jun-10

Meeting Date

USA

Country

827048109

Primary Security ID

Annual

Meeting Type

Record Date

16-Apr-10

Shares Voted

30,721

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1

For

For

Amend Stockholder Voting Standard From A Majority Of Shares Outstanding Standard To A Majority Of Votes Cast Standard

Mgmt

2

Against

For

Increase Authorized Common Stock

Mgmt

3.1

Withhold

For

Elect Director R. Philip Silver

Mgmt

3.2

For

For

Elect Director William C. Jennings

Mgmt

4

Against

For

Ratify Auditors

Alliance Data Systems Corp.

08-Jun-10

Meeting Date

USA

Country

018581108

Primary Security ID

Annual

Meeting Type

Record Date

09-Apr-10

Shares Voted

509

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Lawrence M. Benveniste

Mgmt

1.2

For

For

Elect Director D. Keith Cobb

Mgmt

1.3

For

For

Elect Director Kenneth R. Jensen

Mgmt

2

Against

For

Approve Omnibus Stock Plan

Mgmt

3

Against

For

Ratify Auditors

Page 21 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

inVentiv Health, Inc.

08-Jun-10

Meeting Date

USA

Country

46122E105

Primary Security ID

Annual

Meeting Type

Record Date

12-Apr-10

Shares Voted

37,549

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Eran Broshy

Mgmt

1.2

Withhold

For

Elect Director R. Blane Walter

Mgmt

1.3

Withhold

For

Elect Director Terrell G. Herring

Mgmt

1.4

For

For

Elect Director Mark E. Jennings

Mgmt

1.5

For

For

Elect Director Per G.H. Lofberg

Mgmt

1.6

Withhold

For

Elect Director A. Clayton Perfall

Mgmt

1.7

For

For

Elect Director Craig Saxton

Mgmt

2

Against

For

Ratify Auditors

Graham Packaging Company Inc.

09-Jun-10

Meeting Date

USA

Country

384701108

Primary Security ID

Annual

Meeting Type

Record Date

12-Apr-10

Shares Voted

9,175

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Charles E. Kiernan

Mgmt

1.2

Withhold

For

Elect Director Vikrant Sawhney

Mgmt

2

For

For

Ratify Auditors

BioScrip, Inc.

10-Jun-10

Meeting Date

USA

Country

09069N108

Primary Security ID

Annual

Meeting Type

Record Date

19-Apr-10

Shares Voted

5,838

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Charlotte W. Collins

Mgmt

1.2

Withhold

For

Elect Director Louis T. DiFazio

Mgmt

1.3

For

For

Elect Director Samuel P. Frieder

Mgmt

1.4

Withhold

For

Elect Director Richard H. Friedman

Mgmt

1.5

For

For

Elect Director Myron Z. Holubiak

Mgmt

1.6

For

For

Elect Director David R. Hubers

Mgmt

1.7

For

For

Elect Director Richard L. Robbins

Mgmt

1.8

For

For

Elect Director Stuart A. Samuels

Mgmt

1.9

For

For

Elect Director Richard M. Smith

Page 22 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

1.10

For

For

Elect Director Gordon H. Woodward

Mgmt

2

Against

For

Increase Authorized Common Stock

Mgmt

3

Against

For

Amend Omnibus Stock Plan

Mgmt

4

Against

For

Ratify Auditors

Core Laboratories NV

10-Jun-10

Meeting Date

Netherlands

Country

N22717107

Primary Security ID

Annual

Meeting Type

Record Date

22-Mar-10

Shares Voted

14,008

Mgmt Rec

Proponent

Vote Instruction

Mgmt

Annual Meeting

Mgmt

1

For

For

Elect Three Class II Supervisory Board Members (Bundled)

Mgmt

2

For

For

Approve Financial Statements and Statutory Reports

Mgmt

3

For

For

Approve Cancellation of Repurchased Shares

Mgmt

4a

For

For

Authorize Repurchase of Up to Ten Percent of Issued Share Capital

Mgmt

4b

For

For

Authorize Repurchase of Additional 15.6 Percent of Issued Share Capital for Seniot Exchangeable Notes and Lehman OTC Warrants

Mgmt

5

Against

For

Grant Board Authority to Issue Ordinary and Preference Shares Up To 20 Percent of Issued Capital

Mgmt

6

Against

For

Authorize Board to Exclude Preemptive Rights from Issuance under Item 5

Mgmt

7a

For

For

Decrease Par Value of Common Stock and Amend Articles Accordingly

Mgmt

7b

For

For

Amend Articles - Board Related

Mgmt

8

For

For

Approve 2:1 Stock Split

Mgmt

9

For

For

Ratify PricewaterhouseCoopers as Auditors

Mgmt

10

Other Business (Non-Voting)

LSB Industries, Inc.

10-Jun-10

Meeting Date

USA

Country

502160104

Primary Security ID

Annual

Meeting Type

Record Date

14-Apr-10

Shares Voted

36,097

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Charles A. Burtch

Mgmt

1.2

For

For

Elect Director Robert A. Butkin

Mgmt

1.3

Withhold

For

Elect Director Jack E. Golsen

Mgmt

1.4

Withhold

For

Elect Director Horace G. Rhodes

Mgmt

2

Against

For

Ratify Auditors

Page 23 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Targacept, Inc.

10-Jun-10

Meeting Date

USA

Country

87611R306

Primary Security ID

Annual

Meeting Type

Record Date

14-Apr-10

Shares Voted

22,367

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Charles A. Blixt

Mgmt

1.2

For

For

Elect Director Alan W. Dunton

Mgmt

1.3

For

For

Elect Director Ralph Snyderman

Mgmt

2

Against

For

Ratify Auditors

Natural Gas Services Group, Inc

15-Jun-10

Meeting Date

USA

Country

63886Q109

Primary Security ID

Annual

Meeting Type

Record Date

19-Apr-10

Shares Voted

35,599

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director John W. Chisholm

Mgmt

1.2

For

For

Elect Director Richard L. Yadon

Mgmt

2

For

For

Ratify Auditors

Freds, Inc.

16-Jun-10

Meeting Date

USA

Country

356108100

Primary Security ID

Annual

Meeting Type

Record Date

30-Apr-10

Shares Voted

16,598

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Michael J. Hayes

Mgmt

1.2

Withhold

For

Elect Director John R. Eisenman

Mgmt

1.3

Withhold

For

Elect Director Roger T. Knox

Mgmt

1.4

Withhold

For

Elect Director Thomas H. Tashjian

Mgmt

1.5

Withhold

For

Elect Director B. Mary McNabb

Mgmt

1.6

Withhold

For

Elect Director Michael T. McMillan

Mgmt

1.7

Withhold

For

Elect Director Bruce A. Efird

Mgmt

2

For

For

Ratify Auditors

SH

3

For

Against

Adopt ILO Based Code of Conduct

Internet Capital Group, Inc.

18-Jun-10

Meeting Date

USA

Country

46059C205

Primary Security ID

Annual

Meeting Type

Record Date

22-Apr-10

Shares Voted

150,489

Page 24 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Thomas A. Decker

Mgmt

1.2

Withhold

For

Elect Director Thomas P. Gerrity

Mgmt

1.3

For

For

Elect Director Peter K. Miller

Mgmt

2

Against

For

Ratify Auditors

Mgmt

3

For

For

Amend Omnibus Stock Plan

Mgmt

4

Against

For

Other Business

True Religion Apparel, Inc.

22-Jun-10

Meeting Date

USA

Country

89784N104

Primary Security ID

Annual

Meeting Type

Record Date

26-Apr-10

Shares Voted

44,687

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Jeffrey Lubell

Mgmt

1.2

For

For

Elect Director Marcello Bottoli

Mgmt

1.3

For

For

Elect Director Joseph Coulombe

Mgmt

1.4

For

For

Elect Director G. Louis Graziadio, III

Mgmt

1.5

For

For

Elect Director Robert L. Harris, II

Mgmt

1.6

For

For

Elect Director Seth R. Johnson

Mgmt

1.7

For

For

Elect Director Mark S. Maron

Mgmt

2

For

For

Ratify Auditors

Charming Shoppes, Inc.

24-Jun-10

Meeting Date

USA

Country

161133103

Primary Security ID

Annual

Meeting Type

Record Date

26-Apr-10

Shares Voted

168,079

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Arnaud Ajdler

Mgmt

1.2

For

For

Elect Director Michael C. Appel

Mgmt

1.3

For

For

Elect Director Richard W. Bennet, III

Mgmt

1.4

For

For

Elect Director James P. Fogarty

Mgmt

1.5

For

For

Elect Director Michael Goldstein

Mgmt

1.6

For

For

Elect Director Katherine M. Hudson

Mgmt

1.7

For

For

Elect Director Bruce J. Klatsky

Mgmt

1.8

For

For

Elect Director Alan Rosskamm

Mgmt

2

Against

For

Approve Omnibus Stock Plan

Mgmt

3

For

For

Advisory Vote to Ratify Named Executive Officers’ Compensation

Page 25 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

4

Against

For

Ratify Auditors

Chico’s FAS, Inc.

24-Jun-10

Meeting Date

USA

Country

168615102

Primary Security ID

Annual

Meeting Type

Record Date

26-Apr-10

Shares Voted

113,547

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1

Against

For

Elect Director Verna K. Gibson

Mgmt

2

For

For

Elect Director Betsy S. Atkins

Mgmt

3

Against

For

Elect Director David F. Dyer

Mgmt

4

For

For

Approve Executive Incentive Bonus Plan

Mgmt

5

Against

For

Ratify Auditors

Guess?, Inc.

24-Jun-10

Meeting Date

USA

Country

401617105

Primary Security ID

Annual

Meeting Type

Record Date

06-May-10

Shares Voted

91,664

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Judith Blumenthal

Mgmt

1.2

For

For

Elect Director Anthony Chidoni

Mgmt

1.3

Withhold

For

Elect Director Paul Marciano

Mgmt

2

For

For

Amend Executive Incentive Bonus Plan

Mgmt

3

For

For

Ratify Auditors

Phillips-Van Heusen Corporation

24-Jun-10

Meeting Date

USA

Country

718592108

Primary Security ID

Annual

Meeting Type

Record Date

29-Apr-10

Shares Voted

19,294

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Mary Baglivo

Mgmt

1.2

Withhold

For

Elect Director Emanuel Chirico

Mgmt

1.3

Withhold

For

Elect Director Edward H. Cohen

Mgmt

1.4

Withhold

For

Elect Director Joseph B. Fuller

Mgmt

1.5

Withhold

For

Elect Director Fred Gehring

Mgmt

1.6

For

For

Elect Director Margaret L. Jenkins

Mgmt

1.7

Withhold

For

Elect Director David Landau

Mgmt

1.8

Withhold

For

Elect Director Bruce Maggin

Mgmt

1.9

For

For

Elect Director V. James Marino

Page 26 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

1.10

For

For

Elect Director Henry Nasella

Mgmt

1.11

For

For

Elect Director Rita M. Rodriguez

Mgmt

1.12

For

For

Elect Director Craig Rydin

Mgmt

1.13

For

For

Elect Director Christian Stahl

Mgmt

2

For

For

Ratify Auditors

Kforce Inc.

25-Jun-10

Meeting Date

USA

Country

493732101

Primary Security ID

Annual

Meeting Type

Record Date

22-Apr-10

Shares Voted

55,084

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

For

For

Elect Director Elaine D. Rosen

Mgmt

1.2

For

For

Elect Director Ralph E. Struzziero

Mgmt

1.3

Withhold

For

Elect Director Howard W. Sutter

Mgmt

2

Against

For

Ratify Auditors

Mgmt

3

Against

For

Amend Omnibus Stock Plan

Mgmt

4

For

For

Approve Qualified Employee Stock Purchase Plan

United Therapeutics Corporation

28-Jun-10

Meeting Date

USA

Country

91307C102

Primary Security ID

Annual

Meeting Type

Record Date

29-Apr-10

Shares Voted

17,549

Mgmt Rec

Proponent

Vote Instruction

Mgmt

1.1

Withhold

For

Elect Director Christopher Causey

Mgmt

1.2

Withhold

For

Elect Director Richard Giltner

Mgmt

1.3

Withhold

For

Elect Director R. Paul Gray

Mgmt

2

Against

For

Increase Authorized Common Stock

Mgmt

3

Against

For

Ratify Auditors

Nice Systems Ltd.

29-Jun-10

Meeting Date

Israel

Country

M7494X101

Primary Security ID

Annual

Meeting Type

Record Date

24-May-10

Shares Voted

84,895

Mgmt Rec

Proponent

Vote Instruction

Mgmt

Meeting for ADR Holders

Mgmt

1.1

For

For

Elect Ron Gutler as Director

Mgmt

1.2

For

For

Elect Joseph Atsmon as Director

Mgmt

1.3

For

For

Elect Rimon Ben-Shaoul as Director

Page 27 of 28

Vote Summary Report

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

Institutional Account(s): Quant Small Cap Fund

Mgmt

1.4

For

For

Elect Yoseph Dauber as Director

Mgmt

1.5

For

For

Elect John Hughes as Director

Mgmt

1.6

For

For

Elect David Kostman as Director

Mgmt

2.1

For

For

Elect Dan Falk as External Director

Mgmt

2.2

For

For

Elect Yocheved Dvir as External Director

Mgmt

3

Against

For

Approve Grant of Options

Mgmt

4

For

For

Approve Payment of Chairman

Mgmt

5

For

For

Amend Articles

Mgmt

6

For

For

Approve Director Liability and Indemnification Agreements

Mgmt

7

For

For

Approve Auditors and Authorize Board to Fix Their Remuneration

Mgmt

8

Receive Financial Statements and Statutory Reports (Non-Voting)

Location(s): Columbia Partners Investment Management

Account Group(s): Columbia-498D

Institutional Account(s): Quant Small Cap Fund

Custodian Account(s): All custodial accounts

Ballot Status(es): Sent, Confirmed

Vote Against Filter: Include all votes

Market(s): All markets

Voting Policy(ies): All voting policies

ADR Filter: All Markets

Record date market filter: All Markets

Share blocking market filter: All Markets

Proponent Filter: Show all proposals

Recommendation(s): All vote recommendations

PARAMETERS

Page 28 of 28

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.

Quantitative Group of Funds

(Registrant)

By: /s/ Willard L. Umphrey

Willard L. Umphrey, President

Date: August 12, 2010