EX-99.77C VOTES 2 sub77c.txt PROXY VOTING RESULTS SUB-ITEM 77C SELIGMAN PORTFOLIOS, INC. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS Each of the following proposals was considered and approved at a Special Meeting of Shareholders held at the offices of the Fund on April 22, 2003, and adjourned to May 8, 2003 with respect to certain matters. Shareholders of each of the fifteen portfolios voted together for proposal 1 and separately for proposals 2, 3, 4(a), 4(b) and 5(a)-5(j), as applicable. Tabulations of the votes received on each of the proposals appear below. Proposal 1 To elect a Board of Directors. In Favor of Election Withhold Authority to Vote Robert B. Catell 31,275,716.544 1,356,177.380 John R. Galvin 31,844,087.872 787,806.052 Paul C. Guidone 31,851,512.255 780,381.669 Alice S. Ilchman 31,836,507.442 795,386.482 Frank A. McPherson 31,282,754.555 1,349,139.369 John E. Merow 31,820,478.924 811,415.000 Betsy S. Michel 31,840,331.243 791,562.681 William C. Morris 31,851,336.361 780,557.563 Leroy C. Richie 31,269,958.712 1,361,935.212 Robert L. Shafer 31,825,016.918 806,877.006 James N. Whitson 31,275,449.857 1,356,444.067 Brian T. Zino 31,843,160.356 788,733.568 Proposal 2 To amend the investment objectives of the Common Stock Portfolio. For Against Abstain 1,585,738.133 7,640.209 48,074.208 Proposal 3 To amend the investment objective of the Large-Cap Growh Portfolio. For Against Abstain 287,102.724 34,147.848 10,639.148 Proposal 4(a) To amend the investment objectives of the Income Portfolio.* For Against Abstain 404,019.900 0 22,699.360 Proposal 4(b) To eliminate the Income Portfolio's fundamental policy to invest at least 25% of the market value of its gross assets in cash, bonds and/or preferred stocks. For Against Abstain 309,976.917 94,042.983 22,699.360 Proposal 5(a) To amend each Portfolio's fundamental restriction regarding investments in commodities. For Against Abstain Capital Portfolio 1,612,395.882 31,350.529 87,594.272 Cash Management Portfolio 6,922,491.495 148,085.885 -0- Common Stock Portfolio 1,585,738.133 7,640.209 48,074.208 Communications and Information Portfolio 6,321,020.403 441,146.472 705,367.153 Frontier Portfolio 600,713.474 110,363.686 15,898.500 Global Growth Portfolio 279,411.696 563,817.294 -0- Global Smaller Companies Portfolio 564,472.641 130,115.309 13,583.360 Global Technology Portfolio 1,006,586.804 148,291.463 52,995.308 High-Yield Bond Portfolio 1,521,727.125 3,529.700 56,413.285 Income Portfolio 404,019.900 -0- 22,699.360 International Growth Portfolio 422,747.023 35,050.830 22,937.617 Investment Grade Fixed Income Portfolio 699,458.375 81,869.943 57,433.162 Large-Cap Growth Portfolio 263,476.928 35,021.218 33,391.574 Large-Cap Value Portfolio 502,468.530 17,983.980 136,656.670 Small-Cap Value Portfolio 9,047,266.425 903,886.786 616,259.797 Proposal 5(b) To amend each Portfolio's fundamental restriction regarding the purchase of securities on margin. For Against Abstain Capital Portfolio 1,602,141.701 41,604.710 87,594.272 Cash Management Portfolio 6,922,491.495 148,085.885 -0- Common Stock Portfolio 1,585,738.133 7,640.209 48,074.208 Communications and Information Portfolio 6,371,556.931 397,405.057 698,572.04 Frontier Portfolio 608,390.411 89,077.119 29,508.130 Global Growth Portfolio 279,411.696 563,817.294 -0- Global Smaller Companies Portfolio 631,448.960 63,138.990 13,583.360 Global Technology Portfolio 951,520.048 190,349.644 66,003.883 High-Yield Bond Portfolio 1,501,601.980 23,654.845 56,413.285 Income Portfolio 404,019.900 -0- 22,699.360 International Growth Portfolio 419,665.183 44,984.345 16,085.942 Investment Grade Fixed Income Portfolio 699,458.375 81,869.943 57,433.162 Large-Cap Growth Portfolio 263,476.928 35,021.218 33,391.574 Large-Cap Value Portfolio 507,874.458 39,019.950 110,214.772 Small-Cap Value Portfolio 8,887,300.181 1,052,894.162 627,218.665 Proposal 5(c) To amend each Portfolios's fundamental restriction regarding borrowing. For Against Abstain Capital Portfolio 1,603,089.427 40,565.401 87,685.855 Cash Management Portfolio 6,922,491.495 148,085.885 -0- Common Stock Portfolio 1,585,738.133 7,640.209 48,074.208 Communications and Information Portfolio 6,389,487.057 389,164.584 688,882.387 Frontier Portfolio 624,126.326 86,950.834 15,898.500 Global Growth Portfolio 279,411.696 563,817.294 -0- Global Smaller Companies Portfolio 557,222.132 139,997.849 10,951.329 Global Technology Portfolio 997,943.499 151,190.648 58,739.428 High-Yield Bond Portfolio 1,501,601.980 23,654.845 56,413.285 Income Portfolio 309,976.917 94,042.983 22,699.360 International Growth Portfolio 425,594.041 37,128.160 18,013.269 Investment Grade Fixed Income Portfolio 699,458.375 81,869.943 57,433.162 Large-Cap Growth Portfolio 260,752.831 37,745.315 33,391.574 Large-Cap Value Portfolio 498,221.631 48,672.777 110,214.772 Small-Cap Value Portfolio 8,852,967.020 1,088,344.810 626,101.178 Proposal 5(d) To amend each Portfolio's fundamental restriction regarding lending. For Against Abstain Capital Portfolio 1,603,181.010 40,565.401 87,594.272 Cash Management Portfolio 6,922,491.495 148,085.885 -0- Common Stock Portfolio 1,585,738.133 7,640.209 48,074.208 Communications and Information Portfolio 6,379,757.825 296,201.044 791,575.159 Frontier Portfolio 606,612.750 85,489.724 34,873.186 Global Growth Portfolio 279,411.696 563,817.294 -0- Global Smaller Companies Portfolio 634,080.991 63,138.990 10,951.329 Global Technology Portfolio 996,390.683 149,999.990 61,482.902 High-Yield Bond Portfolio 1,501,601.980 23,654.845 56,413.285 Income Portfolio 309,976.917 94,042.983 22,699.360 International Growth Portfolio 438,062.769 26,586.760 16,085.941 Investment Grade Fixed Income Portfolio 675,100.702 106,227.616 57,433.162 Large-Cap Growth Portfolio 263,476.928 35,021.218 33,391.574 Large-Cap Value Portfolio 506,991.655 39,902.753 110,214.772 Small-Cap Value Portfolio 8,972,787.552 975,312.108 619,313.348 Proposal 5(e) To amend each Portfolio's fundamental restriction regarding underwriting. For Against Abstain Capital Portfolio 1,618,514.985 25,231.426 87,594.272 Cash Management Portfolio 6,922,491.495 148,085.885 -0- Common Stock Portfolio 1,585,738.133 7,640.209 48,074.208 Communications and Information Portfolio 6,521,123.157 251,474.045 694,936.826 Frontier Portfolio 626,613.701 79,098.403 21,263.556 Global Growth Portfolio 279,411.696 563,817.294 -0- Global Smaller Companies Portfolio 609,598.096 87,621.885 10,951.329 Global Technology Portfolio 1,019,618.299 134,477.705 53,777.571 High-Yield Bond Portfolio 1,521,727.125 3,529.700 56,413.285 Income Portfolio 309,976.917 94,042.983 22,699.360 International Growth Portfolio 433,660.262 28,099.406 18,975.802 Investment Grade Fixed Income Portfolio 699,458.375 81,869.943 57,433.162 Large-Cap Growth Portfolio 263,476.928 35,021.218 33,391.574 Large-Cap Value Portfolio 506,991.655 39,902.753 110,214.772 Small-Cap Value Portfolio 9,019,627.655 909,855.006 637,930.347 Proposal 5(f) To amend each Portfolio's fundamental restriction regarding purchases or sales of real estate. For Against Abstain Capital Portfolio 1,620,135.110 26,348.124 84,857.449 Cash Management Portfolio 6,922,491.495 148,085.885 -0- Common Stock Portfolio 1,585,738.133 7,640.209 48,074.208 Communications and Information Portfolio 6,535,559.303 241,175.387 690,799.338 Frontier Portfolio 621,293.942 88,624.002 17,057.716 Global Growth Portfolio 279,411.696 563,817.294 -0- Global Smaller Companies Portfolio 659,464.213 37,755.768 10,951.329 Global Technology Portfolio 1,033,040.213 123,910.924 50,922.438 High-Yield Bond Portfolio 1,521,727.125 3,529.700 56,413.285 Income Portfolio 309,976.917 94,042.983 22,699.360 International Growth Portfolio 443,543.167 21,106.363 16,085.940 Investment Grade Fixed Income Portfolio 699,458.375 81,869.943 57,433.162 Large-Cap Growth Portfolio 263,476.928 35,021.218 33,391.574 Large-Cap Value Portfolio 508,965.569 37,928.839 110,214.772 Small-Cap Value Portfolio 9,214,799.900 724,443.011 628,170.097 Proposal 5(g) To amend each Portfolio's fundamental restriction regarding diversification. For Against Abstain Capital Portfolio 1,614,268.740 31,350.529 85,721.414 Cash Management Portfolio 6,922,491.495 148,085.885 -0- Common Stock Portfolio 1,585,738.133 7,640.209 48,074.208 Communications and Information Portfolio 6,507,701.961 253,366.889 706,465.178 Frontier Portfolio 617,577.871 93,499.289 15,898.500 Global Growth Portfolio 279,411.696 563,817.294 -0- Global Smaller Companies Portfolio 686,579.140 10,640.841 10,951.329 Global Technology Portfolio 1,034,511.362 103,944.253 69,417.960 High-Yield Bond Portfolio 1,494,179.914 31,076.911 56,413.285 Income Portfolio 309,976.917 94,042.983 22,699.360 International Growth Portfolio 431,982.686 32,666.843 16,085.941 Investment Grade Fixed Income Portfolio 765,498.600 15,829.719 57,433.161 Large-Cap Growth Portfolio 282,649.792 15,848.354 33,391.574 Large-Cap Value Portfolio 508,779.365 37,928.839 110,400.976 Small-Cap Value Portfolio 9,238,045.744 698,642.704 630,724.560 Proposal 5(h) To amend each Portfolio's fundamental restriction regarding industry concentration. For Against Abstain Capital Portfolio 1,615,420.259 28,326.152 87,594.272 Cash Management Portfolio 6,922,491.495 148,085.885 -0- Common Stock Portfolio 1,585,738.133 7,640.209 48,074.208 Communications and Information Portfolio 6,520,842.006 249,512.162 697,179.860 Frontier Portfolio 619,575.477 86,136.627 21,263.556 Global Growth Portfolio 279,411.696 563,817.294 -0- Global Smaller Companies Portfolio 616,848.604 77,739.346 13,583.360 Global Technology Portfolio 1,049,890.344 104,317.319 53,665.912 High-Yield Bond Portfolio 1,494,179.913 -0- 87,490.197 Income Portfolio 309,976.917 94,042.983 22,699.360 International Growth Portfolio 420,094.794 37,703.060 22,937.616 Investment Grade Fixed Income Portfolio 765,498.600 15,829.719 57,433.161 Large-Cap Growth Portfolio 278,889.515 15,848.354 37,151.851 Large-Cap Value Portfolio 498,918.230 47,789.974 110,400.976 Small-Cap Value Portfolio 9,288,160.983 645,113.852 634,138.173 Proposal 5(i) To eliminate each Portfolio's fundamental restriction regarding short sales. For Against Abstain Capital Portfolio 1,611,356.573 32,389.838 87,594.272 Cash Management Portfolio 6,922,491.495 148,085.885 -0- Common Stock Portfolio 1,585,738.133 7,640.209 48,074.208 Communications and Information Portfolio 6,308,982.613 458,593.240 699,958.175 Frontier Portfolio 589,942.741 115,769.363 21,263.556 Global Growth Portfolio 279,411.696 563,817.294 -0- Global Smaller Companies Portfolio 652,213.705 45,006.276 10,951.329 Global Technology Portfolio 995,337.818 148,617.267 63,918.490 High-Yield Bond Portfolio 1,490,650.212 14,481.467 76,538.431 Income Portfolio 309,976.917 94,042.983 22,699.360 International Growth Portfolio 413,666.001 49,678.222 17,391.247 Investment Grade Fixed Income Portfolio 675,100.702 106,227.616 57,433.162 Large-Cap Growth Portfolio 260,699.018 37,799.128 33,391.574 Large-Cap Value Portfolio 498,035.427 48,672.777 110,400.976 Small-Cap Value Portfolio 8,876,070.151 1,012,121.256 679,221.601 Proposal 5(j) To eliminate each Portfolio's fundamental restriction regarding mortgages and pledges. For Against Abstain Capital Portfolio 1,601,010.244 42,736.167 87,594.272 Cash Management Portfolio 6,922,491.495 148,085.885 -0- Common Stock Portfolio 1,585,738.133 7,640.209 48,074.208 Communications and Information Portfolio 6,356,026.790 408,560.955 702,946.283 Frontier Portfolio 590,200.701 115,511.403 21,263.556 Global Growth Portfolio 279,411.696 563,817.294 -0- Global Smaller Companies Portfolio 686,579.140 10,640.841 10,951.329 Global Technology Portfolio 995,868.439 151,542.938 78,021.999 High-Yield Bond Portfolio 1,490,650.212 34,606.613 56,413.285 Income Portfolio 309,976.917 94,042.983 22,699.360 International Growth Portfolio 437,926.113 19,871.742 22,937.615 Investment Grade Fixed Income Portfolio 765,498.600 15,829.719 57,433.161 Large-Cap Growth Portfolio 263,476.928 35,021.218 33,391.574 Large-Cap Value Portfolio 506,805.451 39,902.753 110,400.976 Small-Cap Value Portfolio 8,868,319.057 1,039,703.352 659,390.599 * Following the approval of this proposal, the Portfolio's name was changed to Seligman Income and Growth Portfolio.